Example ContractsClausesmandatory termination of commitmentsVariants
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Mandatory Termination of Commitments. All of the Revolving Commitments shall terminate on the Revolving Facility Termination Date. Upon a Term Loan Lender’s funding of its Term Loan on the Closing Date, the Term Loan Commitment of such Lender shall terminate.

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Mandatory Termination of Commitments. All of

Scheduled Termination. Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Facility Commitment Termination Date. Upon a Term Loan Lender’s funding of its Term Loan on the Closing Date, the Term Loan Commitment of such Lender shall terminate.

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