Common use of Mandatory Termination of Commitments Clause in Contracts

Mandatory Termination of Commitments. The Total Revolving Credit Commitment shall terminate at 2:00 p.m. (New York time) on the Revolving Credit Maturity Date.

Appears in 20 contracts

Sources: Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.)

Mandatory Termination of Commitments. The Total Revolving Credit Commitment shall terminate at 2:00 5:00 p.m. (New York time) on the Revolving Credit Maturity Date.

Appears in 6 contracts

Sources: Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.)

Mandatory Termination of Commitments. (a) The Total Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The Revolving Credit Commitment shall terminate at 2:00 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.

Appears in 4 contracts

Sources: First Lien Credit Agreement (Focus Financial Partners Inc.), First Lien Credit Agreement (National Vision Holdings, Inc.), First Lien Credit Agreement (National Vision Holdings, Inc.)

Mandatory Termination of Commitments. The Total Revolving Credit Commitment shall terminate at 2:00 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date. The Incremental Term Loan Commitment shall, unless otherwise provided in the applicable Incremental Term Loan Amendment, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date.

Appears in 3 contracts

Sources: Credit Agreement (Figma, Inc.), Credit Agreement (Chime Financial, Inc.), Credit Agreement (Chime Financial, Inc.)

Mandatory Termination of Commitments. (a) [Reserved]. (b) The Total Revolving Credit Commitment shall terminate at 2:00 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.

Appears in 2 contracts

Sources: Credit Agreement (BrightView Holdings, Inc.), Joinder and Amendment Agreement (National Vision Holdings, Inc.)

Mandatory Termination of Commitments. The Total Revolving ------------------------------------- Credit Commitment shall terminate at 2:00 p.m. 5:00 P.M. (New York time) on the Revolving Credit Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Borden Chemicals & Plastics Limited Partnership /De/)

Mandatory Termination of Commitments. (a) The Total Revolving Credit Commitment shall terminate at 2:00 5:00 p.m. (New York time) on the Revolving Credit Maturity Date. (b) The Letter of Credit Commitment shall terminate at 5:00 p.m. (New York time) on the L/C Maturity Date.

Appears in 1 contract

Sources: Revolving Credit Agreement (ITC Holdings Corp.)

Mandatory Termination of Commitments. The Total Original Revolving Credit Commitment Commitments shall terminate at 2:00 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Altus Power, Inc.)

Mandatory Termination of Commitments. The Total Revolving Credit Commitment shall terminate at 2:00 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (OneStream, Inc.)