Example ContractsClausesTermination of Commitments
Termination of Commitments
Termination of Commitments contract clause examples

Termination of Commitments. Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.

Termination of Commitments. Declare the Commitments with respect to such Borrower (and, if such Borrower is VaPower, then also to [[Borrower:Organization]]) terminated whereupon the Commitments with respect to such Borrower (and, if such Borrower is VaPower, then also to [[Borrower:Organization]]) shall be immediately terminated.

Termination of Commitments. Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.

Termination of Commitments. So long as no Event of Default shall exist immediately before or immediately after giving effect thereto, the Borrower may, with the consent of the Administrative Agent, in its discretion, elect to terminate the commitments of the Defaulting Lender, and repay its share of outstanding Loan ObligationsLoans (and reallocate its participation interests in L/C Obligations and Swing Line Loans), on a non-pro rata basis.

Termination of Commitments. To declare the Commitments immediately terminated (except with respect to any Event of Default with respect to a Loan Party set forth in [Section 10.01(c)], in which case the Commitments shall automatically terminate) and, at all times thereafter, any Loan made by the Lenders and any Letter of Credit issued by the Letter of Credit Issuer shall be in their and its respective discretion. Notwithstanding any such termination, until all Obligations shall have been Paid in Full, the Agent and each Lender shall retain all rights under guaranties and all security in existing and future receivables, inventory, general intangibles, investment property and equipment of the Loan Parties and all other Collateral held by any of them hereunder and under the Security Documents.

Termination of Commitments. The Commitments shall automatically terminate on the Availability End Date.

Termination of Commitments. Declare the Commitments with respect to such Borrower (and, if such Borrower is VaPower, then also to [[Borrower:Organization]]) terminated whereupon the Commitments with respect to such Borrower (and, if such Borrower is VaPower, then also to [[Borrower:Organization]]) shall be immediately terminated.

Termination of Commitments. To declare the Commitments immediately terminated (except with respect to any Event of Default with respect to a Loan Party set forth in [Section 10.1(c)], in which case the Commitments shall automatically terminate) and, at all times thereafter, any Loan made by the Lenders and any Letter of Credit issued by the Letter of Credit Issuer shall be in their and its respective discretion. Notwithstanding any such termination, until all Obligations shall have been Paid in Full, the Agent and each Lender shall retain all rights under guaranties and all security in existing and future receivables, inventory, general intangibles, investment property and equipment of the Loan Parties and all other Collateral held by any of them hereunder and under the Security Documents.

Termination of Commitments. Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.

Termination of Commitments. Declare the Commitments terminated, whereupon the Commitments shall be immediately terminated.

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