Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 15 contracts
Sources: Credit Agreement (Array Technologies, Inc.), Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 12 contracts
Sources: Fourth Term Loan Extension Amendment (Sabre Corp), Third Term Loan Extension Amendment (Sabre Corp), Credit Agreement
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 11 contracts
Sources: Credit Agreement (Travel & Leisure Co.), Credit Agreement (Wyndham Hotels & Resorts, Inc.), Credit Agreement (Wyndham Destinations, Inc.)
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Loans to be made by such Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 8 contracts
Sources: Credit Agreement (Signify Health, Inc.), Credit Agreement (Signify Health, Inc.), Credit Agreement (Signify Health, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making of such Initial Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Revolver Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoto such Tranche.
Appears in 6 contracts
Sources: Amendment No. 1 (Black Knight, Inc.), Credit and Guaranty Agreement (Black Knight, Inc.), Credit and Guaranty Agreement
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Tranche 1 Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Tranche 2 Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 5 contracts
Sources: Libor Hardwire Transition Amendment (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 5 contracts
Sources: Syndicated Facility Agreement (A.K.A. Brands Holding Corp.), Credit Agreement (Casella Waste Systems Inc), Credit Agreement (Casa Systems Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01 on the Closing Date. The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 4 contracts
Sources: Specified Acquisition Loan Joinder (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Term Loans pursuant to Section 2.01(a)be made by it on the Closing Date. The Revolving Credit Commitments Commitment shall automatically and permanently terminate on the Maturity Date therefor. The Extended with respect to the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 3 contracts
Sources: Credit Agreement (Red Lion Hotels CORP), Credit Agreement (Red Lion Hotels CORP), Credit Agreement (Hilton Grand Vacations Inc.)
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)) on the Closing Date. The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 3 contracts
Sources: Credit Agreement (ServiceTitan, Inc.), Credit Agreement (ServiceTitan, Inc.), Credit Agreement
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term B Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 3 contracts
Sources: Credit Agreement (KORE Group Holdings, Inc.), Credit Agreement (KORE Group Holdings, Inc.), Credit Agreement (King Pubco, Inc.)
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making of such the Initial Term Lender’s Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Initial Revolver Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoto such Class.
Appears in 3 contracts
Sources: Credit and Guaranty Agreement (Latham Group, Inc.), Credit and Guaranty Agreement (Latham Group, Inc.), Credit and Guaranty Agreement (Latham Group, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor such Facility.
Appears in 3 contracts
Sources: Credit Agreement (Travelport LTD), Credit Agreement (Orbitz Worldwide, Inc.), Credit Agreement (Orbitz Worldwide, Inc.)
Mandatory. The Initial Subject to Section 2.16, the Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making funding of such Initial Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 2 contracts
Sources: Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Term B-1 Commitment of each Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Term B-1 Lender’s Term B-1 Loans pursuant to Section 2.01(b). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 2 contracts
Sources: Refinancing and Incremental Facility Amendment (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a) or 2.01(b), as applicable. The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates date applicable thereto.
Appears in 2 contracts
Sources: Credit Agreement (Yum Brands Inc), Credit Agreement (Yum Brands Inc)
Mandatory. The Initial Term A Commitment of each Term A Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term A Lender’s Term Loans pursuant to Section Section 2.01(a). The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments and any Incremental Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 2 contracts
Sources: Credit Agreement (Phibro Animal Health Corp), Credit Agreement (Phibro Animal Health Corp)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 2 contracts
Sources: Credit Agreement (Freescale Semiconductor Holdings I, Ltd.), Credit Agreement (Freescale Semiconductor Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section Sections 2.01(a) and 2.01(b). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate on the applicable Maturity Date thereforfor each such Facility. The Extended Revolving Credit All Commitments hereunder shall terminate at 6:00 p.m. on the respective maturity dates applicable theretoClosing Date if no Term Loans hereunder have been borrowed by such time.
Appears in 1 contract
Sources: Credit Agreement (SoulCycle Inc.)
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01 on the Acquisition Closing Date. The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)) on the Closing Date. The Revolving Commitments of each Revolving Credit Commitments Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitment Termination Date.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacilities.
Appears in 1 contract
Sources: Credit Agreement (Axcan Intermediate Holdings Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Sources: Credit Agreement (MARRIOTT VACATIONS WORLDWIDE Corp)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 zero upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacility.
Appears in 1 contract
Mandatory. The Initial Term A Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such Initial the Term Lender’s Term A Loans pursuant to Section 2.01(a)be made by it on the Closing Date. The Revolving Credit Commitments Commitment of each Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date. On the respective Maturity Date therefor. The applicable thereto, each Extended Revolving Credit Commitments Commitment shall terminate on the respective maturity dates applicable theretoautomatically and permanently terminate.
Appears in 1 contract
Sources: Credit Agreement (Res Care Inc /Ky/)
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Loans to be made by such Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender and Swing Line Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Sources: Credit Agreement (Blucora, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01. The Unless earlier terminated in accordance with Section 2.06(a) or Section 8.02, the Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Initial Subject to Section 2.14, the Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making funding of such Initial Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments Commitment shall terminate be automatically and permanently reduced to $0 on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Sources: Credit Agreement (Fidelity National Financial Inc /De/)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Sources: First Lien Credit Agreement (SMART Technologies Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i) or 2.01(a)(ii). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacilities.
Appears in 1 contract
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Loans to be made by such Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended applicable to such Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 1 contract
Sources: First Lien Credit Agreement (Jason Industries, Inc.)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.. The 2022 Incremental Term Loan Commitment of each 2022 - 104 -
Appears in 1 contract
Mandatory. The Initial Term B Commitment of each Term B Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term B Lender’s Term Loans pursuant to to
Section 2.01(a2.01 (b). The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Sources: Credit Agreement (Epicor International Holdings, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a2.01(c). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the applicable Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacility.
Appears in 1 contract