Common use of Termination of Existing Credit Agreement Clause in Contracts

Termination of Existing Credit Agreement. Lenders which are parties to the Existing Credit Agreement (and which constitute “Required Lenders” under and as defined in the Existing Credit Agreement) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Agreement, and the Borrowers and the applicable Lenders agree that the Existing Credit Agreement and the commitments thereunder shall be terminated on the date hereof (except for any provisions thereof which by their terms survive termination thereof).

Appears in 2 contracts

Sources: Credit Agreement (Amphenol Corp /De/), Credit Agreement (Amphenol Corp /De/)

Termination of Existing Credit Agreement. The commitments of the Existing Lenders which are parties to under the Existing Credit Agreement (and which shall terminate on the Closing Date. Execution of this Agreement by Lenders who are Existing Lenders shall constitute “Required Lenders” under and as defined a waiver of the notice provisions in the Existing Credit Agreement) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Agreement, and the Borrowers and the applicable Lenders agree that Section 2.05 of the Existing Credit Agreement and the commitments thereunder shall that would otherwise be terminated on the date hereof (except for any provisions thereof which by their terms survive termination thereof)applicable to such termination.

Appears in 2 contracts

Sources: Credit Agreement (Oneok Inc /New/), 364 Day Credit Agreement (Oneok Inc /New/)

Termination of Existing Credit Agreement. Lenders which are parties The Borrower and each of the Banks that is also a "Bank" party to the Existing Credit Agreement (and which constitute “Required Lenders” under and agrees that the "Commitments" as defined in the Existing Credit AgreementAgreement shall be terminated in their entirety on and as of the Effective Date. Each of such Banks waives any requirement of notice of such termination required pursuant to Section 2.10(a) hereby waive any advance notice requirement for terminating the commitments under of the Existing Credit Agreement, and the Borrowers and the applicable Lenders agree that the Existing Credit Agreement and the commitments thereunder shall be terminated on the date hereof (except for any provisions thereof which by their terms survive termination thereof).

Appears in 1 contract

Sources: Credit Agreement (Shopko Stores Inc)

Termination of Existing Credit Agreement. The Lenders which are parties to the Existing Credit Agreement (and which constitute “Required Lenders” under and as defined hereby waive the notice requirement set forth in the Existing Credit Agreement) hereby waive any advance notice requirement Agreement for terminating the commitments under the Existing Credit Agreement, Agreement and the Borrowers and the applicable Lenders agree that the Existing Credit Agreement and the commitments thereunder shall be terminated on the date hereof Closing Date (except for any provisions thereof which by their terms survive termination thereof).

Appears in 1 contract

Sources: Five Year Credit Agreement (Aflac Inc)

Termination of Existing Credit Agreement. Lenders Upon the Closing Date and except with respect to any provisions which are parties to by their terms survive termination, the Existing Credit Agreement and the other Credit Documents (and which constitute “Required Lenders” under and as defined in the Existing Credit Agreement) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Agreement, and the Borrowers and the applicable Lenders agree that the Existing Credit Agreement and the commitments thereunder shall be deemed to be terminated on without any further action by the date hereof (except for any provisions thereof which by their terms survive termination thereof)parties thereto.

Appears in 1 contract

Sources: Credit Agreement (Apollo Medical Holdings, Inc.)

Termination of Existing Credit Agreement. The Existing Credit Agreement shall have terminated by written notice from Borrower to Administrative Agent. Each of the Lenders which are parties to hereunder that is a Lender under the Existing Credit Agreement (and which constitute “Required Lenders” under and as defined hereby waives the requirement set forth in the Existing Credit Agreement) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Agreement, and the Borrowers and the applicable Lenders agree that Section 2.4 of the Existing Credit Agreement that Borrower provide three (3) Business Days prior to prepayment of the Loans thereunder. The waiver set forth herein is limited as provided herein and shall not be deemed to be a waiver or consent to any deviation from the commitments thereunder shall be terminated on terms of this Agreement or the date hereof (except for any provisions thereof which by their terms survive termination thereof)other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Trammell Crow Co)

Termination of Existing Credit Agreement. The commitments of the Existing Lenders which are parties to under the Existing Credit Agreement (shall terminate on the Closing Date. Execution of this Agreement by Lenders who are Existing Lenders shall constitute a waiver of the notice provisions in Sections 2.8 and which constitute “Required Lenders” under and as defined in 10.2 of the Existing Credit Agreement) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Agreement, and the Borrowers and the applicable Lenders agree that the Existing Credit Agreement and the commitments thereunder shall be terminated on the date hereof (except for any provisions thereof which by their terms survive termination thereof).

Appears in 1 contract

Sources: 364 Day Credit Agreement (Oneok Inc /New/)