Common use of Termination of Term Commitments Clause in Contracts

Termination of Term Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing.

Appears in 2 contracts

Sources: Credit Agreement (Royalty Pharma PLC), Credit Agreement (Royalty Pharma PLC)

Termination of Term Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term BorrowingBorrowing after giving effect thereto.

Appears in 1 contract

Sources: Credit Agreement (Acadia Realty Trust)