Common use of Mandatory Termination of Commitments Clause in Contracts

Mandatory Termination of Commitments. (a) The Total Commitment shall terminate at 5:00 p.m. (New York City time) on the Termination Date. (b) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the earlier of (x) the Swingline Maturity Date and (y) the Termination Date.

Appears in 22 contracts

Sources: Credit Agreement (Magnolia Oil & Gas Corp), Credit Agreement (Vine Energy Inc.), Credit Agreement (Vine Energy Inc.)

Mandatory Termination of Commitments. (a) The Total Commitment shall terminate at 5:00 p.m. (New York City time) on the Termination Maturity Date. (b) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the earlier of (x) the Swingline Maturity Date and (y) the Termination Date.

Appears in 7 contracts

Sources: Credit Agreement (Sealy Corp), Credit Agreement (Railamerica Inc /De), Credit Agreement (Sealy Corp)

Mandatory Termination of Commitments. (a) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Termination Final Maturity Date. (b) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the earlier of (x) the Swingline Maturity Date and (y) the Termination Date.

Appears in 6 contracts

Sources: Credit Agreement (HCA Healthcare, Inc.), Restatement Agreement (HCA Healthcare, Inc.), Restatement Agreement (HCA Healthcare, Inc.)

Mandatory Termination of Commitments. (a) The Total Commitment shall terminate at 5:00 p.m. (New York City time) on the Termination Revolving Credit Maturity Date. (b) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the earlier of (x) the Swingline Maturity Date and (y) the Termination Date.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Goodman Global Group, Inc.), Revolving Credit Agreement (Goodman Sales CO)

Mandatory Termination of Commitments. (a) The Total Commitment shall terminate at 5:00 p.m. (New York City time) on the Termination Date. (b) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the earlier of (x) the Swingline Maturity Date and (y) the Termination Date.)

Appears in 1 contract

Sources: Credit Agreement (EP Energy Corp)

Mandatory Termination of Commitments. (a) The Total Commitment Revolving Commitments shall terminate at 5:00 p.m. (New York City time) on the Termination Revolving Maturity Date. (b) The Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the earlier of (x) the Swingline Revolving Maturity Date and (y) the Termination Date. (c) The Initial Term Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date (or, if earlier, upon the funding of the Initial Term Loans on the Closing Date).

Appears in 1 contract

Sources: Abl Credit Agreement (Univar Inc.)