Common use of Termination of Term Commitments Clause in Contracts

Termination of Term Commitments. Unless previously terminated, each Lender’s Term Commitment shall automatically and permanently terminate on the Effective Date (after giving effect to the making of the Term Loans on such date).

Appears in 6 contracts

Sources: Term Loan Agreement (Uber Technologies, Inc), Term Loan Agreement (Uber Technologies, Inc), Term Loan Agreement (Uber Technologies, Inc)

Termination of Term Commitments. Unless previously terminated, each Lender’s The Term Commitment Commitments shall be automatically and permanently terminate terminated on the Effective Date (after giving effect to the making date of the Borrowing of Term Loans on such dateunder Section 2.1(a).

Appears in 1 contract

Sources: Term Loan Credit Agreement (Nuverra Environmental Solutions, Inc.)

Termination of Term Commitments. Unless previously terminated, Upon each Lender’s making of such Term Loan on the Closing Date, the Term Commitment of such Lender shall automatically and permanently terminate on the Effective Date (after giving effect to the making of the Term Loans on such date)be terminated.

Appears in 1 contract

Sources: Term Loan, Guaranty and Security Agreement (Turtle Beach Corp)