Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date. (b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date. (c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date. (d) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York time) on the Revolving Credit Maturity Date. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York time) on the Swingline Maturity Date. (f) The Incremental Term Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such tranche. (g) The Incremental Deposit L/C Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Deposit L/C Loans for such tranche on the Incremental Facility Closing Date for such tranche.
Appears in 3 contracts
Sources: Credit Agreement (Energy Future Intermediate Holding CO LLC), Credit Agreement (Energy Future Intermediate Holding CO LLC), Credit Agreement (Energy Future Holdings Corp /TX/)
Mandatory Termination of Commitments. (a) (x) The Total Initial Tranche B-1 Term Loan Commitment Commitments shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10, 2008 the Closing Date and (iiy) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Tranche B-2 Term Loan Commitment Commitments shall terminate at 5:00 p.m. (New York Hong Kong time) on the Delayed Draw Tranche B-2 Term Loan Commitment Termination Date.
(db) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York Hong Kong time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York Hong Kong time) on the Swingline Maturity Date.
(fd) The Incremental New Tranche B Term Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, Series shall terminate at 5:00 p.m. (New York City Hong Kong time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(ge) The Incremental Deposit L/C Loan Commitment for If any tranche shallprepayment of Term Loans would otherwise be required pursuant to Section 5.2(a) but cannot be made because there are no Term Loans outstanding, unless otherwise provided in or because the documentation governing such Incremental Deposit L/C Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making amount of the Incremental Deposit L/C Loans for such tranche required prepayment exceeds the outstanding amount of Term Loans, then, on the Incremental Facility Closing Date for date that such trancheprepayment is required, the Revolving Credit Commitments shall be permanently reduced pro rata by an aggregate amount equal to the amount of the required prepayment, or the excess of such amount over the outstanding amount of Tranche B Term Loans, as the case may be, and the Borrowers shall comply with Section 5.2(b) after giving effect to such reduction.
Appears in 2 contracts
Sources: Credit Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.), Credit Agreement (Avago Technologies LTD)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) The Tranche A Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(bii) The Total Deposit L/C Tranche B Term Loan Commitment Commitments (x) shall terminate on the earlier of (i) be permanently reduced at 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making Closing Date by the amount of the Deposit L/C Tranche B Term Loans made on the Closing Date.
Date and (cy) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Commitment Termination Date.
(db) The US Total Revolving Credit Commitment and the Canadian Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fi) The Incremental Term Loan US Letter of Credit Commitment for any tranche shall, unless otherwise provided in and the documentation governing such Incremental Term Loan Commitment, Canadian Letter of Credit Commitment shall terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such trancheL/C Maturity Date.
(ge) The Incremental Deposit L/C Loan Commitment for If any tranche shallprepayment of Term Loans would otherwise be required pursuant to Section 5.2(a) but cannot be made because there are no Term Loans outstanding, unless otherwise provided in or because the documentation governing such Incremental Deposit L/C Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making amount of the Incremental Deposit L/C Loans for such tranche required prepayment exceeds the outstanding amount of Term Loans, then, on the Incremental Facility Closing Date for date that such trancheprepayment is required, the Revolving Credit Commitments shall be permanently reduced by an aggregate amount equal to the amount of the required prepayment, or the excess of such amount over the outstanding amount of Term Loans, as the case may be, and Borrower shall comply with Section 5.2(b) after giving effect to such reduction.
Appears in 1 contract
Sources: Credit Agreement (Jostens IH Corp.)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Commitment Termination Effective Date.. 130
(db) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The All Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental Term Loan Commitment for any tranche Class shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such trancheClass.
(ge) The Incremental Deposit LAdditional/C Loan Replacement Revolving Credit Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, Class shall terminate at 5:00 p.m. (New York City time) upon on the making of maturity date for such Class specified in the Incremental Deposit Ldocumentation governing such Class.
(f) The Extended Loan/C Loans Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the maturity date for such tranche specified in the Extension Agreement.
(g) The Total Tranche B Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Incremental Facility Closing Date for such trancheSecond Amendment Effective Date.
(h) The Total Tranche B-1 Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Fourth Amendment Effective Date.
Appears in 1 contract
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Commitment Termination Effective Date.
(da) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(eb) The All Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fc) The Incremental Term Loan Commitment for any tranche Class shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such trancheClass.
(gd) The Incremental Deposit LAdditional/C Loan Replacement Revolving Credit Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, Class shall terminate at 5:00 p.m. (New York City time) upon on the making of maturity date for such Class specified in the Incremental Deposit Ldocumentation governing such Class.
(e) The Extended Loan/C Loans Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the maturity date for such tranche specified in the Extension Agreement.
(f) The Total Tranche B Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Incremental Facility Closing Date for such trancheSecond Amendment Effective Date.
(g) The Total Tranche B-1 Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Fourth Amendment Effective Date.
Appears in 1 contract
Mandatory Termination of Commitments. (a) The Total Initial Tranche B Term Loan Commitment Commitments shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental Tranche B Term Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, Series shall terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(ge) The Incremental Deposit L/C Loan Commitment for If any tranche shallprepayment of Term Loans would otherwise be required pursuant to Section 5.2(a) but cannot be made because there are no Term Loans outstanding, unless otherwise provided in or because the documentation governing such Incremental Deposit L/C Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making amount of the Incremental Deposit L/C Loans for such tranche required prepayment exceeds the outstanding amount of Term Loans, then, on the Incremental Facility Closing Date for date that such trancheprepayment is required, an aggregate amount equal to the amount of the required prepayment, or the excess of such amount over the outstanding amount of Tranche B Term Loans, as the case may be, shall be applied by the Borrower, first, to repay the outstanding principal amount of Swingline Loans, second, after all Swingline Loans have been paid in full, Revolving Credit Loans (without a reduction of the Revolving Credit Commitment) and third, after all Revolving Credit Loans have been paid in full, to Cash Collateralize Letters of Credit.
Appears in 1 contract
Sources: Credit Agreement (Intelsat S.A.)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10October 28, 2008 2005 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Credit Agreement Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate on the earliest of (i) at 5:00 p.m. (New York time) on April 30, 2006, (ii) at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Dateearlier of the Subsequent Transaction Closing Date or the Call Transaction Closing Date and (iii) the date on which the Borrower notifies the Administrative Agent in writing that the Borrower intends to consummate neither the Subsequent Transaction nor the Call Transaction.
(dc) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York time) on the Revolving Credit Maturity Date.
(d) The Total Base Letter of Credit Commitment shall terminate at 5:00 p.m. (New York time) on the Base Letter of Credit Maturity Date.
(e) The Total Special Letter of Credit Commitment shall terminate at 5:00 p.m. (New York time) on the Special Letter of Credit Maturity Date.
(f) The Swingline Commitment shall terminate at 5:00 p.m. (New York time) on the Swingline Maturity Date.
(fg) The Incremental New Term Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, Series shall terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(g) The Incremental Deposit L/C Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Deposit L/C Loans for such tranche on the Incremental Facility Closing Date for such tranche.
Appears in 1 contract
Sources: Credit Agreement (Texas Genco Inc.)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment Commitments shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental New Term Loan Commitment for any tranche Series shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitmentapplicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(e) The Tranche B-1 Term Loan Commitments shall terminate immediately and without further action on the Amendment No. 1 Effective Date after giving effect to the funding of the Tranche B-1 Term Loans on such date.
(f) The Tranche B-2 Term Loan Commitments shall terminate immediately and without further action on the Amendment No. 4 Effective Date after giving effect to the funding of the Tranche B-2 Term Loans on such date.
(g) The Incremental Deposit L/C Tranche B-3 Term Loan Commitment for any tranche Commitments shall terminate immediately and without further action on the Amendment No. 6 Effective Date after giving effect to the funding of the Tranche B-3 Term Loans on such date.
(h) The Tranche B-4 Term Loan Commitments shall terminate immediately and without further action on the Amendment No. 8 Effective Date after giving effect to the funding of the Tranche B-4 Term Loans on such date.
(i) The Delayed Draw Term Loan Commitments of each Term Loan lender shall be automatically and permanently reduced concurrently with, and by the aggregate principal amount of, each funding of Delayed Draw Term Loans and shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitmentany event, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Deposit L/C Loans for such tranche be automatically and permanently reduced to $0 on the Incremental Facility Closing Date for such trancheDelayed Draw Commitment Termination Date.
Appears in 1 contract
Sources: First Lien Credit Agreement (Focus Financial Partners Inc.)
Mandatory Termination of Commitments. (a) The Total Initial Tranche B-1 Term Loan Commitment Commitments shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10the Amendment No. 1 Effective Date. The Commitments, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial if any, for Extended Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making date of the Deposit L/C Loans on the Closing Dateapplicable Extension Amendment.
(cb) The Total Delayed Draw Term Loan Commitment Revolving Credit Commitments shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment shall terminate at 5:00 p.m. (New York time) on the Swingline Maturity Date.
(f) The Incremental Term Loan Commitment for any tranche Series shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitmentapplicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(gd) The Incremental Deposit L/C Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, 2020 Letter of Credit Commitments shall terminate at 5:00 p.m. (New York City time) upon on the making of the Incremental Deposit 2020 L/C Loans for such tranche Facility Maturity Date.
(e) The Tranche B-2 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 3 Effective Date.
(f) The Initial Tranche B-3 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 4 Effective Date.
(g) The Amendment No. 5 Incremental Facility Closing Date for such trancheTerm Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 5 Effective Date.
(h) The Tranche B-4 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 7
Appears in 1 contract
Sources: First Lien Credit Agreement (BrightSpring Health Services, Inc.)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Commitment Termination Effective Date.. 126 LPL β Conformed A&R Credit Agreement
(db) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The All Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental Term Loan Commitment for any tranche Class shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such trancheClass.
(ge) The Incremental Deposit LAdditional/C Loan Replacement Revolving Credit Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, Class shall terminate at 5:00 p.m. (New York City time) upon on the making of maturity date for such Class specified in the Incremental Deposit Ldocumentation governing such Class.
(f) The Extended Loan/C Loans Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the maturity date for such tranche specified in the Extension Agreement.
(g) The Total Tranche B Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Incremental Facility Closing Date for such trancheSecond Amendment Effective Date.
(h) The Total Tranche B-1 Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Fourth Amendment Effective Date.
Appears in 1 contract
Mandatory Termination of Commitments. (a) The Total Initial Tranche B-1 Term Loan Commitment Commitments shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10the Amendment No. 1 Effective Date. The Commitments, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial if any, for Extended Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making date of the Deposit L/C Loans on the Closing Dateapplicable Extension Amendment.
(cb) The Total Delayed Draw Term Loan Commitment Revolving Credit Commitments shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment shall terminate at 5:00 p.m. (New York time) on the Swingline Maturity Date.
(f) The Incremental Term Loan Commitment for any tranche Series shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitmentapplicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(gd) The Incremental Deposit L/C Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, 2020 Letter of Credit Commitments shall terminate at 5:00 p.m. (New York City time) upon on the making of the Incremental Deposit 2020 L/C Loans for such tranche Facility Maturity Date.
(e) The Tranche B-2 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 3 Effective Date.
(f) The Initial Tranche B-3 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 4 Effective Date.
(g) The Amendment No. 5 Incremental Facility Closing Date for such trancheTerm Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 5 Effective Date.
(h) The Tranche B-4 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 7 Effective Date.
(i) The Tranche B-5 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 9
Appears in 1 contract
Sources: First Lien Credit Agreement (BrightSpring Health Services, Inc.)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Commitment Termination Effective Date.
(db) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The All Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental Term Loan Commitment for any tranche Class shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such trancheClass.
(ge) The Incremental Deposit LAdditional/C Loan Replacement Revolving Credit Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, Class shall terminate at 5:00 p.m. (New York City time) upon on the making of maturity date for such Class specified in the Incremental Deposit Ldocumentation governing such Class.
(f) The Extended Loan/C Loans Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the maturity date for such tranche specified in the Extension Agreement.
(g) The Total Tranche B Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Incremental Facility Closing Date for such trancheSecond Amendment Effective Date.
(h) The Total Tranche B-1 Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Fourth Amendment Effective Date.
Appears in 1 contract
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment Commitments described in clause (a) of the definition thereof shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making occurrence of the Closing Date and, the Initial Term Loans on Loan Commitments described in clause (b) of the Closing definition thereof shall terminate upon the occurrence of the First Incremental Agreement Effective Date and (c) the Initial Term Loan Commitments described in clause (c) of the definition thereof shall terminate upon the occurrence of the Second Incremental Agreement Effective Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total Revolving Credit Commitment shall terminate at 5:00 2:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment Commitments shall terminate at 5:00 2:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental Term Loan Commitment for any tranche Class shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such trancheClass.
(ge) The Incremental Deposit LAdditional/C Loan Replacement Revolving Credit Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, Class shall terminate at 5:00 p.m. (New York City time) upon on the making of the Incremental Deposit L/C Loans maturity date for such tranche Class specified in the documentation governing such Class.
(f) The Extended Loan/Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the Incremental Facility Closing Date maturity date for such trancheClass specified in the Extension Agreement.
Appears in 1 contract
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment Commitments shall terminate on the earlier of (i) at 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental New Term Loan Commitment for any tranche Series shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitmentapplicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(e) The Tranche B-1 Term Loan Commitments shall terminate immediately and without further action on the Amendment No. 1 Effective Date after giving effect to the funding of the Tranche B-1 Term Loans on such date.
(f) The Tranche B-2 Term Loan Commitments shall terminate immediately and without further action on the Amendment No. 4 Effective Date after giving effect to the funding of the Tranche B-2 Term Loans on such date.
(g) The Incremental Deposit L/C Tranche B-3 Term Loan Commitment for any tranche Commitments shall terminate immediately and without further action on the Amendment No. 6 Effective Date after giving effect to the funding of the Tranche B-3 Term Loans on such date.
(h) The Tranche B-4 Term Loan Commitments shall terminate immediately and without further action on the Amendment No. 8 Effective Date after giving effect to the funding of the Tranche B-4 Term Loans on such date.
(i) The Delayed Draw Term Loan Commitments of each Term Loan lender shall be automatically and permanently reduced concurrently with, and by the aggregate principal amount of, each funding of Delayed Draw Term Loans and shall, unless otherwise provided in any event, be automatically and permanently reduced to $0 on the documentation governing such Incremental Deposit L/C Delayed Draw Commitment Termination Date.
(j) The Tranche B-5 Term Loan Commitment, Commitments shall terminate at 5:00 p.m. (New York City time) upon immediately and without further action on the making Amendment No. 10 Effective Date after giving effect to the funding of the Incremental Deposit L/C Tranche B-5 Term Loans for on such tranche date.
(k) The Tranche A Term Loan Commitments of each Tranche A Term Loan Lender shall be automatically and permanently reduced concurrently with, and by the aggregate principal amount of, each funding of Tranche A Term Loans and shall, in any event, be automatically and permanently reduced to $0 on the Incremental Facility Closing Date for such trancheTranche A Term Loan Termination Date.
Appears in 1 contract
Sources: First Lien Credit Agreement (Focus Financial Partners Inc.)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate Commitments described in clause (a) of the definition thereof terminated on the earlier of (i) 5:00 p.m. (New York City time) on July 10Closing Date and, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans Loan Commitments described in clause (b) of the definition thereof terminated on the Closing First Incremental Agreement Effective Date and the Initial Term Loan Commitments described in clause (c) of the definition thereof shall terminate upon the occurrence of the FirstSecond Incremental Agreement Effective Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.
(ec) The Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fd) The Incremental Term Loan Commitment for any tranche Class shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such trancheClass.
(ge) The Incremental Deposit LAdditional/C Loan Replacement Revolving Credit Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, Class shall terminate at 5:00 p.m. (New York City time) upon on the making of the Incremental Deposit L/C Loans maturity date for such tranche Class specified in the documentation governing such Class.
(f) The Extended Loan/Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the Incremental Facility Closing Date maturity date for such trancheClass specified in the Extension Agreement.
Appears in 1 contract
Sources: Incremental Agreement (Grocery Outlet Holding Corp.)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date[Reserved.]
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date[Reserved.]
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total 2013 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York time) on the 2013 Revolving Credit Maturity Date; provided that the foregoing will not release any such 2013 Revolving Credit Lender from any such obligation to fund Revolving Credit Loans, Revolving L/C Participations or participations in Swingline Loans that was required to be performed on or prior to the 2013 Revolving Credit Maturity Date.
(d) The Total 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York time) on the 2016 Revolving Credit Maturity Date.
(e) The Swingline Commitment shall terminate at 5:00 p.m. (New York time) on the Swingline Maturity Date.
(f) The Incremental Term Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Date for such tranche.
(g) The Incremental Deposit L/C Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Deposit L/C Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Deposit L/C Loans for such tranche on the Incremental Facility Closing Date for such tranche.
Appears in 1 contract
Sources: Credit Agreement (Energy Future Competitive Holdings CO)
Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Initial Term Loans on the Closing Date.
(b) The Total Deposit L/C Loan Commitment shall terminate on the earlier of (i) 5:00 p.m. (New York City time) on July 10, 2008 and (ii) 5:00 p.m. (New York time) upon the making of the Deposit L/C Loans on the Closing Date.
(c) The Total Delayed Draw Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Delayed Draw Term Loan Commitment Termination Date.
(d) The Total 2012 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2012 Revolving Credit Maturity Date.
Date and (eii) The Swingline the Total 2015 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2015 Revolving Credit Maturity Date. The Swingline Commitments shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date.
(fb) The Incremental New Term Loan Commitment for any tranche shall, unless otherwise provided in the documentation governing such Incremental Term Loan Commitment, Series shall terminate at 5:00 p.m. (New York City time) upon the making of the Incremental Term Loans for such tranche on the Incremental Facility Closing Increased Amount Date for such trancheSeries.
(gc) The Incremental Deposit L/C Loan Commitment for If any tranche shallprepayment of Term Loans would otherwise be required pursuant to Section 5.2(a) but cannot be made because there are no Term Loans outstanding, unless otherwise provided in or because the documentation governing such Incremental Deposit L/C Loan Commitment, terminate at 5:00 p.m. (New York City time) upon the making amount of the Incremental Deposit L/C Loans for such tranche required prepayment exceeds the outstanding amount of Term Loans, then, on the Incremental Facility Closing Date for date that such trancheprepayment is required, the Revolving Credit Commitments shall be permanently reduced by an aggregate amount equal to the amount of the required prepayment, or the excess of such amount over the outstanding amount of Term Loans, as the case may be, and the Borrower shall comply with Section 5.2(b) after giving effect to such reduction. With respect to each mandatory reduction and termination of Revolving Credit Commitments (and any previously extended Extended Revolving Credit Commitments) required by this Section 4.3(c), the Borrower may designate (A) the Classes of Commitments to be reduced and terminated and (B) the corresponding Classes of Loans to be prepaid; provided that (x) any such reduction and termination shall apply proportionately and permanently to reduce the Commitments of each of the Lenders within any such Class and (y) no such reduction and termination of Extended Revolving Credit Commitments (and prepayment of Extended Revolving Credit Loans accompanying a corresponding permanent reduction in such Extended Revolving Credit Commitments) shall be permitted unless the Existing Revolving Credit Commitments of the Specified Existing Revolving Credit Commitment Class (and Existing Revolving Credit Loans related to such Commitments) shall have been terminated and repaid on at least a pro rata basis.
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