Common use of Termination of the Commitment Clause in Contracts

Termination of the Commitment. The Commitment shall terminate at 5:00 P.M. (New York City time) on the date that is sixty days after the Original Effective Date or, if such date is not a Business Day, on the next Business Day thereafter if Advances with respect to the Commitment are not made to the Borrower pursuant to Section 2.01.

Termination of the Commitment. The Commitment shall terminate at 5:00 P.M. (New York City time) on the date that is sixty days after the Original Effective Date or, if such date is not a Business Day, on the next Business Day thereafter if Advances with respect to the Commitment are not made to the Borrower pursuant to Section 2.01.

Termination of the Commitment. The Unless previously ----------------------------- terminated, the Commitment shall terminate at 5:00 P.M. (p.m., New York City time) on the date that is sixty days after the Original Effective Date or, if such date is not a Business Day, on the next Business Day thereafter if Advances with respect to the Commitment are not made to the Borrower pursuant to Section 2.01Effective Date.