Mandatory Adjustments of Commitments, etc. (a) The Total A Term Commitment shall terminate in its entirety on the Restatement Effective Date after giving effect to the Borrowing of A Term Loans on such date. (b) The Total B Term Commitment shall be reduced at the time of each continuance or incurrence of B Term Loans in an amount equal to the aggregate principal amount of the B Term Loans so continued or incurred and shall terminate on the earlier of (x) the B Term Termination Date and (y) the date on which any Change of Control occurs. (c) The Total Revolving Commitment shall terminate on the earlier of (x) the Maturity Date and (y) the date on which any Change of Control occurs. (d) The Total Revolving Commitment shall be reduced, at the time that any required mandatory repayment of Term Loans would be made pursuant to Section 4.02(A)(c), (e) or (f) if Term Loans were then outstanding, in the amount by which such required repayment (determined as if an unlimited amount of Term Loans were then outstanding) exceeds the aggregate principal amount of Term Loans then outstanding. (e) Each partial reduction of the B Term Commitment or Revolving Commitment pursuant to this Section 3.03 shall apply proportionately to the B Term Commitment or Revolving Commitment, as the case may be, of each Bank.
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Mandatory Adjustments of Commitments, etc. (a) The Total A Term Commitment shall terminate in its entirety on the Restatement Effective Date (after giving effect to the Borrowing making of A Term Loans on such date).
(b) The Total B Term Revolving Commitment shall be reduced at (and the time Revolving Commitment of each continuance or incurrence of B Term Loans in an amount equal to the aggregate principal amount of the B Term Loans so continued or incurred and RC Bank) shall terminate in its entirety on the earlier of (xi) the B Term Termination Final Maturity Date and (yii) the date on which any Change of Control occurs.
(c) The Total Revolving Commitment shall terminate on the earlier of (x) the Maturity Date and (y) the date on which any Change of Control occurs.
(d) The Total Revolving Commitment shall be reduced, reduced at the time that of any required mandatory repayment of Term Loans would be made pursuant to Section 4.02(A)(c), (d), (e), (f), (g) or (fh) if Term Loans were then outstanding, in an amount, if any, by which the amount by which of such required repayment (determined as if an unlimited amount of Term Loans were then outstanding) exceeds the aggregate principal amount of Term Loans then outstanding.
(ed) Each partial reduction of the B Term Commitment or Total Revolving Commitment pursuant to this Section 3.03 shall apply proportionately to the B Term Revolving Commitment or Revolving Commitment, as the case may be, of each RC Bank.
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Mandatory Adjustments of Commitments, etc. (a) The Total A Commitment (and the Term Commitment and Revolving Commitment of each Bank) shall terminate on August 15, 1998 unless the Initial Borrowing Date has occurred on or before such date.
(b) The Total Term Commitment shall terminate in its entirety on the Restatement Effective Initial Borrowing Date (after giving effect to the Borrowing making of A the Term Loans on such date).
(bc) The Total B Term Revolving Commitment shall be reduced at (and the time Revolving Commitment of each continuance or incurrence of B Term Loans in an amount equal to the aggregate principal amount of the B Term Loans so continued or incurred and RC Bank) shall terminate on the earlier of (x) the B Term Termination Date and (y) the date on which any Change of Control occurs.
(c) The Total Revolving Commitment shall terminate on the earlier of (x) the Loan Maturity Date and (y) unless the Required Banks otherwise agree in writing, the date on which any Change of Control occurs.
(d) The In addition to any other mandatory commitment reductions pursuant to this Section 3.03, the Total Revolving Commitment shall be reducedpermanently reduced by the amount, at the time that any required mandatory repayment of Term Loans would be made pursuant to by Section 4.02(A)(c4.02(B)(a), (e) or (f) if Term Loans were then outstanding, in the amount by which such required repayment (determined as if an unlimited amount of Term Loans were then outstanding) exceeds the aggregate principal amount of Term Loans then outstanding.
(e) Each partial reduction of to the B Total Term Commitment or and the Total Revolving Commitment pursuant to this Section 3.03 shall apply be applied proportionately to reduce the B Term Commitment or the Revolving Loan Commitment, as the case may be, of each BankBank with such a Commitment.
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Sources: Credit Agreement (Penhall Co)
Mandatory Adjustments of Commitments, etc. (a) The Total A Term Commitment shall terminate in its entirety on the Restatement Effective Date after giving effect to the Borrowing of A Term Loans on such date.
(b) The Total B Term Commitment shall be reduced at the time of each continuance or incurrence of B Term Loans in an amount equal to the aggregate principal amount of the B Term Loans so continued or incurred and shall terminate on the earlier of (x) the B Term Termination Date and (y) the date on which any Change of Control occurs.
(c) The Total Revolving Commitment shall terminate on the earlier of (x) the Maturity RL Expiry Date and (y) the date on which any a Change of Control Event occurs.
(db) The Total Term Loan Commitment shall be terminated on the Effective Date, after giving effect to the incurrence of additional Term Loans on such date.
(c) The Total Revolving Commitment shall be reduced, reduced at the time that any required mandatory repayment of the Term Loans would be made required pursuant to Section 4.02(A)(c4.2(A)(c), (d), (e) or ), and/or (f) if Term Loans were then outstandingoutstanding in an amount, in if any, by which the amount by which of such required repayment (determined as if an unlimited amount of Term Loans were then outstanding) exceeds the aggregate principal amount of Term Loans then outstanding.
(ed) Each partial reduction or adjustment of the B Total Term Loan Commitment or the Total Revolving Commitment pursuant to this Section 3.03 3.3 shall apply proportionately to the B Term Loan Commitment or the Revolving Commitment, as the case may be, of each RL Bank.
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