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Common use of Termination and Reduction of the Commitments Clause in Contracts

Termination and Reduction of the Commitments. (a) Scheduled Termination. Unless previously terminated in accordance with the terms hereof, the Commitments shall terminate on the Maturity Date.

Appears in 2 contracts

Sources: Credit Agreement (WestRock Co), Credit Agreement (WestRock Co)

Related Clauses

  • Termination and Reduction of Commitments
  • Termination or Reduction of the Commitments
  • Termination and Reduction of Revolving Commitments
  • Reduction of the Commitments
  • Optional Reduction and Termination of Commitments

Parent Clauses

  • The Credits
  • Amounts and Terms of the Advances
  • Governing Law
  • Amounts and Terms of the Loans
  • Miscellaneous

Sub-Clauses

  • Voluntary Termination or Reduction
  • Scheduled Termination
  • Effect of Termination or Reduction
  • Notice of Voluntary Termination or Reduction
  • Mandatory Termination
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