Common use of SECTION Mandatory Termination of Commitments Clause in Contracts

SECTION Mandatory Termination of Commitments. The Commitment of each Bank shall terminate on the Commitment Termination Date, and any Revolving Credit Loans of such Bank then outstanding (together with accrued interest thereon) shall be due and payable on such date; provided that such Revolving Credit Loans shall be paid with the proceeds from the Term Loans if Term Loans are made on the Commitment Termination Date.

SECTION Mandatory Termination of Commitments. The Commitment of each Bank shall terminate on the Commitment Termination Date, and any Revolving Credit Loans of such Bank then outstanding (together with accrued interest thereon) shall be due and payable on such date; provided that such Revolving Credit Loans shall be paid with the proceeds from the Term Loans if Term Loans are made on the Commitment Termination Date.