Mandatory Adjustments of Commitments, etc. (a) The Total Commitment shall terminate in its entirety on February 27, 1998 unless the Closing Date has occurred on or before such date. (b) Each of the Total A Term Loan Commitment, the Total B Term Loan Commitment and the Total C Term Loan Commitment shall terminate in its entirety on the Closing Date, after giving effect to the making of the respective Term Loans on such date. (c) The Total Revolving Credit Commitment (and the Revolving Credit Commitment of each Revolving Lender) shall terminate in their entirety on the earlier of (i) the date on which a Change of Control occurs and (ii) the Revolving Loan Maturity Date. (d) From and after payment in full of the Term Loans, on each date upon which a mandatory repayment of Term Loans pursuant to Section 4.02.01.(c), (d), (e), (f) or (g) would otherwise be required, the Total Revolving Credit Commitment shall be permanently reduced by the amount, if any, required to be applied pursuant to said Sections. (e) Each reduction of the Total Revolving Credit Commitment pursuant to this Section 3.03 shall apply proportionately to the Revolving Credit Commitment of each Lender.
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Mandatory Adjustments of Commitments, etc. (a) The Total Commitment (and the Commitment of each Lender) shall terminate in its entirety on February 27August 17, 1998 2001, unless the Closing Date has occurred on or before prior to such date.
(b) Each of the The Total Term A Term Loan Commitment, the Total B Term Loan Commitment and the Total C Term Loan Commitment shall terminate in its entirety on the Closing Date, after giving effect to the making of the respective Term Loans on such date.
(c) The Total Revolving Credit Commitment (and the Revolving Credit Term A Commitment of each Revolving LenderLender shall terminate) shall terminate in their entirety on the earlier of (ix) the Term A Maturity Date and (y) the date on which a Change of Control occurs occurs.
(c) The Total Term B Commitment shall terminate (and the Term B Commitment of each Lender shall terminate) on the earlier of (x) the Term B Maturity Date and (iiy) the Revolving Loan Maturity Datedate on which a Change of Control occurs.
(d) From The Total Asset Sale Term Commitment shall terminate (and after payment in full the Asset Sale Term Commitment of each Lender shall terminate) on the earlier of (x) the Asset Sale Term Loans, Maturity Date and (y) the date on each date upon which a mandatory repayment Change of Term Loans pursuant to Section 4.02.01.(c), (d), (e), (f) or (g) would otherwise be required, the Total Revolving Credit Commitment shall be permanently reduced by the amount, if any, required to be applied pursuant to said SectionsControl occurs.
(e) Each reduction of the The Total Revolving Credit Commitment pursuant to this Section 3.03 shall apply proportionately to (and the Revolving Credit Commitment of each Lender) shall terminate on the earlier of (x) the Revolving Maturity Date and (y) the date on which a Change of Control occurs.
(f) The Swing Line Commitment shall terminate on the earlier of (x) the Revolving Maturity Date and (y) the date on which a Change of Control occurs.
(g) Any Incremental Term Loan Commitment shall terminate (and the Incremental Term Loan Commitment of each Lender shall terminate) on the earlier of (x) the date provided in the Incremental Term Loan Assumption Agreement and (y) the date on which a Change of Control occurs.
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Sources: Credit Agreement (Om Group Inc)
Mandatory Adjustments of Commitments, etc. (a) The Total Commitment (and the Term Loan Commitment and Revolving Loan Commitment of each Bank with such a Commitment) shall terminate in its entirety on February 27October 31, 1998 1997 unless the Closing Initial Borrowing Date has occurred on or before such date.
(b) Each of the The Total A Term Loan Commitment, the Total B Term Loan Commitment and the Total C Term Loan Commitment shall terminate in its entirety on the Closing Initial Borrowing Date, after giving effect to the making of the respective such Term Loans on such date.
(c) The Total Revolving Credit Loan Commitment (and the Revolving Credit Loan Commitment of each Revolving LenderBank with such a Commitment) shall terminate in their entirety on the earlier of (i) the date on which a Change of Control Event occurs and (ii) the Revolving Loan Maturity Date.
(d) From and after payment in full of the Term Loans, on On each date upon which a mandatory repayment of Term Loans pursuant to Section 4.02.01.(c4.02(A)(c), (d), (e), (f), (g) or (gh) is required (and exceeds in amount the aggregate principal amount of Term Loans then outstanding) or would otherwise be requiredrequired if an unlimited amount of Term Loans were then outstanding, the Total Revolving Credit Loan Commitment shall be permanently reduced by the amount, if any, by which the amount required to be applied pursuant to said SectionsSections (determined as if an unlimited amount of Term Loans were actually outstanding) exceeds the aggregate principal amount of Term Loans then outstanding.
(e) Each reduction or adjustment of the Total Term Loan Commitment or the Total Revolving Credit Loan Commitment pursuant to this Section 3.03 (or pursuant to Section 4.02) shall apply proportionately to the Term Loan Commitment or the Revolving Credit Commitment Loan Commitment, as the case may be, of each LenderBank with such a Commitment.
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Sources: Credit Agreement (Labtec Inc /Ma)
Mandatory Adjustments of Commitments, etc. (a) The Total Commitment shall terminate in its entirety on February 27January 31, 1998 unless the Closing Initial Borrowing Date has occurred on or before such date.
(b) Each of the Total A Term Loan Commitment, the Total B Term Loan Commitment and the Total C Term Loan Commitment shall terminate in its entirety on the Closing Second Borrowing Date, after giving effect to the making of the respective Term Loans on such date.
(c) The Total Revolving Credit Commitment (and the Revolving Credit Commitment of each Revolving LenderBank) shall terminate in their entirety on the earlier of (i) the date on which a Change of Control Event occurs and (ii) the Revolving Loan Maturity Date.
(d) From and after payment in full of the Term Loans, on each date upon which a mandatory repayment of Term Loans pursuant to Section 4.02.01.(c4.02(A)(c), (d), (e), (f) or (gf) would otherwise be required, the Total Revolving Credit Commitment shall be permanently reduced by the amount, if any, required to be applied pursuant to said Sections.
(e) Each reduction of the Total A Term Loan Commitment, the Total B Term Loan Commitment, the Total C Term Loan Commitment or the Total Revolving Credit Commitment pursuant to this Section 3.03 shall apply proportionately to the A Term Loan Commitment, the B Term Loan Commitment, the C Term Loan Commitment or the Revolving Credit Commitment Commitment, as the case may be, of each LenderBank.
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Mandatory Adjustments of Commitments, etc. (a) The Total Commitment (and the USF Commitment and MCF Commitment of each Lender) shall terminate in its entirety on February 27April 30, 1998 unless the Closing Date has occurred on or before such date.
(b) Each of the The Total A Term Loan Commitment, the Total B Term Loan USF Commitment and the Total C Term Loan MCF Commitment shall terminate in its entirety on the Closing Final Maturity Date, after giving effect to the making of the respective Term Loans on such date.
(c) The Total Revolving Credit Commitment (and On the Revolving Credit Commitment of each Revolving Lender) shall terminate in their entirety on the earlier of (i) third Business Day following the date on which a Change of Control occurs and (ii) receipt thereof by WLI and/or any of its Subsidiaries of any Net Cash Proceeds from any Excluded Asset Sale, the Revolving Loan Maturity DateTotal Commitment shall be reduced in an amount equal to 100% of such Net Cash Proceeds.
(d) From and after payment On the date specified in full a written notice given by the Administrative Agent (at the direction of the Term Loans, on each date upon which Required Lenders) to WLI after a mandatory repayment Change of Term Loans pursuant to Section 4.02.01.(c), (d), (e), (f) or (g) would otherwise be requiredControl has occurred, the Total Revolving Credit Commitment shall be permanently reduced by the amount, if any, required to be applied pursuant to said Sectionsterminate.
(e) Each mandatory reduction of the Total Revolving Credit Commitment required to be made pursuant to Section 3.03(c) shall be applied to reduce the Total USF Commitment, if any, in an amount equal to the USF Percentage of such reduction and to reduce the Total MCF Commitment, if any, in an amount equal to the MCF Percentage of such reduction.
(f) Each partial reduction of the Total USF Commitment and/or the Total MCF Commitment pursuant to this Section 3.03 shall apply proportionately to the Revolving Credit USF Commitment or the MCF Commitment, as the case may be, of each USF Lender or MCF Lender, as the case may be.
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Mandatory Adjustments of Commitments, etc. (a) The Total Commitment shall terminate in its entirety on February 27December 31, 1998 1996 unless the Closing Initial Borrowing Date has occurred on or before such date.
(b) Each of the Total A Term Loan Commitment, the Total B Term Loan Commitment and the Total C B Term Loan Commitment shall terminate in its entirety on the Closing Initial Borrowing Date, after giving effect to the making of the respective Term Loans on such date.
(c) The Total Revolving Credit Commitment (and the Revolving Credit Commitment of each Revolving LenderBank) shall terminate in their entirety on the earlier of (i) the date on which a Change of Control Event occurs and (ii) the Revolving Loan Maturity Date.
(d) From and after payment in full of the Term Loans, on each date upon which a mandatory repayment of Term Loans pursuant to Section 4.02.01.(c4.02(A)(c), (d), (e), (f) or (gf) would otherwise be required, the Total Revolving Credit Commitment shall be permanently reduced by the amount, if any, required to be applied pursuant to said Sections.
(e) Each reduction of the Total A Term Loan Commitment, the Total B Term Loan Commitment or the Total Revolving Credit Commitment pursuant to this Section 3.03 shall apply proportionately to the A Term Loan Commitment, the B Term Loan Commitment or the Revolving Credit Commitment Commitment, as the case may be, of each LenderBank.
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