Common use of Termination of Obligation Clause in Contracts

Termination of Obligation. The obligation of Bank to issue Letters of Credit or Letter of Credit Guaranties under this Section 2.3. shall terminate thirty (30) days prior to the Revolving Credit Termination Date or any renewal thereof.

Appears in 1 contract

Sources: Credit Agreement (Edac Technologies Corp)

Termination of Obligation. The obligation ------------------------- of Bank to issue Letters of Credit or Letter of Credit Guaranties under this Section 2.32.2. shall terminate thirty (30) days prior to the Revolving Credit Termination Date or any renewal thereof.

Appears in 1 contract

Sources: Master Credit Agreement (Aristotle Corp)

Termination of Obligation. The obligation of Bank to issue ------------------------- Letters of Credit or Letter of Credit Guaranties under this Section 2.32.2. shall terminate thirty (30) days prior to the Revolving Credit Termination Date or any renewal thereof.

Appears in 1 contract

Sources: Master Credit Agreement (Aristotle Corp)

Termination of Obligation. The obligation of Bank to issue Letters of Credit or Letter of Credit Guaranties under this Section 2.32.2. shall terminate thirty (30) days prior to the Revolving Credit Termination Date or any renewal thereof.

Appears in 1 contract

Sources: Master Credit Agreement (Aristotle Corp)

Termination of Obligation. The obligation of Bank to issue Letters of Credit or Letter of Credit Guaranties under this Section 2.32.2. shall terminate thirty (30) days prior to the Revolving Credit Termination Date or any renewal thereof.

Appears in 1 contract

Sources: Master Credit Agreement (Polyvision Corp)