Common use of Mandatory Prepayments and Commitment Reductions Clause in Contracts

Mandatory Prepayments and Commitment Reductions. 39 2.12. Continuation Options ....................................................................................................... 39 2.13. Limitations on Eurocurrency Tranches ............................................................................ 40 2.14. Interest Rates and Payment Dates .................................................................................... 40 2.15. Computation of Interest and Fees .................................................................................... 41 2.16. Inability to Determine Interest Rate ................................................................................. 41 2.17. Pro Rata Treatment and Payments ................................................................................... 42 2.18. Requirements of Law ....................................................................................................... 44 2.19. Taxes ................................................................................................................................ 46 2.20. Indemnity ......................................................................................................................... 49 2.21. Change of Lending Office ............................................................................................... 49 2.22.

Mandatory Prepayments and Commitment Reductions. 39 2.12. 29 SECTION 2.13 Conversion and Continuation Options ....................................................................................................... 39 2.13. Limitations on Eurocurrency Tranches ............................................................................ 40 2.14. Options..................................................29 SECTION 2.14 Minimum Amounts and Maximum Number of Eurodollar Tranches............................30 SECTION 2.15 Interest Rates and Payment Dates .................................................................................... 40 2.15. Dates.....................................................30 SECTION 2.16 Computation of Interest and Fees .................................................................................... 41 2.16. Fees.....................................................31 SECTION 2.17 Inability to Determine Interest Rate ................................................................................. 41 2.17. Rate.................................................31 SECTION 2.18 Pro Rata Treatment and Payments ................................................................................... 42 2.18. Payments......................................................31 Page SECTION 2.19 Requirements of Law ....................................................................................................... 44 2.19. Law..................................................................33 SECTION 2.20 Taxes ................................................................................................................................ 46 2.20. Indemnity ......................................................................................................................... 49 2.21. ...............................................................................34 SECTION 2.21 Indemnity............................................................................35 SECTION 2.22 Illegality...........................................................................35 SECTION 2.23 Change of Lending Office ............................................................................................... 49 2.22.Office.............................................................35 SECTION 2.24 Replacement of Lenders under Certain Circumstances...................................36

Mandatory Prepayments and Commitment Reductions. 39 28 2.11. Conversion and Continuation Options.................................. 31 2.12. Continuation Options ....................................................................................................... 39 Minimum Amounts and Maximum Number of Eurodollar Tranches............ 32 2.13. Limitations on Eurocurrency Tranches ............................................................................ 40 2.14. Interest Rates and Payment Dates .................................................................................... 40 2.15Dates..................................... 32 2.14. Computation of Interest and Fees .................................................................................... 41 2.16Fees..................................... 33 2.15. Inability to Determine Interest Rate ................................................................................. 41 2.17Rate................................. 33 2.16. Pro Rata Treatment and Payments ................................................................................... 42 2.18Payments...................................... 34 2.17. Requirements of Law ....................................................................................................... 44 Law.................................................. 35 2.18. Taxes ............................................................... 36 2.19. Taxes ................................................................................................................................ 46 Indemnity............................................................ 38 2.20. Indemnity ......................................................................................................................... 49 Illegality........................................................... 38 2.21. Change of Lending Office ............................................................................................... 49 Office............................................. 39 2.22.. Conversion of Revolving Credit Loans................................. 39

Mandatory Prepayments and Commitment Reductions. 39 2.12. 28 SECTION 2.11 Conversion and Continuation Options ....................................................................................................... 39 2.13. Limitations on Eurocurrency Tranches ............................................................................ 40 2.14. Options...................................................... 29 SECTION 2.12 Minimum Amounts and Maximum Number of Eurodollar Tranches................................................................................. 30 SECTION 2.13 Interest Rates and Payment Dates .................................................................................... 40 2.15. Dates......................................................... 30 SECTION 2.14 Computation of Interest and Fees .................................................................................... 41 2.16. Fees......................................................... 30 SECTION 2.15 Inability to Determine Interest Rate ................................................................................. 41 2.17. Rate..................................................... 31 SECTION 2.16 Pro Rata Treatment and Payments ................................................................................... 42 2.18. Payments.......................................................... 31 SECTION 2.17 Requirements of Law ....................................................................................................... 44 2.19. Taxes ................................................................................................................................ 46 2.20. Indemnity ......................................................................................................................... 49 2.21. Law...................................................................... 34 SECTION 2.18 Taxes.................................................................................... 35 SECTION 2.19 Indemnity................................................................................ 36 SECTION 2.20 Illegality............................................................................... 37 SECTION 2.21 Change of Lending Office ............................................................................................... 49 2.22.Office................................................................. 37 SECTION 2.22 Replacement of Lenders under Certain Circumstances....................................... 37

Mandatory Prepayments and Commitment Reductions. 39 2.1232 2.7. Conversion and Continuation Options ....................................................................................................... 39 2.13........................ 34 2.8. Limitations on Eurocurrency Eurodollar Tranches ............................................................................ 40 2.14......................... 35 2.9. Interest Rates and Payment Dates .................................................................................... 40 2.15........................... 35 2.10. Computation of Interest and Fees .................................................................................... 41 2.16........................... 35 2.11. Inability to Determine Interest Rate ................................................................................. 41 2.17....................... 36 2.12. Pro Rata Treatment and Payments ................................................................................... 42 2.18............................ 36 2.13. Requirements of Law ....................................................................................................... 44 2.19........................................ 37 2.14. Taxes ................................................................................................................................ 46 2.20...................................................... 38 2.15. Indemnity ......................................................................................................................... 49 2.21.................................................. 40 2.16. Change of Lending Office ............................................................................................... 49 2.22.................................... 41 2.17. Replacement of Lenders ..................................... 41

Mandatory Prepayments and Commitment Reductions. 39 2.12. 29 SECTION 2.13 Conversion and Continuation Options ....................................................................................................... 39 2.13. Limitations on Eurocurrency Tranches ............................................................................ 40 2.14. Options......................................................30 SECTION 2.14 Minimum Amounts and Maximum Number of Eurodollar Tranches................................31 SECTION 2.15 Interest Rates and Payment Dates .................................................................................... 40 2.15. Dates.........................................................31 SECTION 2.16 Computation of Interest and Fees .................................................................................... 41 2.16. Fees.........................................................31 SECTION 2.17 Inability to Determine Interest Rate ................................................................................. 41 2.17. Rate.....................................................32 SECTION 2.18 Pro Rata Treatment and Payments ................................................................................... 42 2.18. Payments..........................................................32 SECTION 2.19 Requirements of Law ....................................................................................................... 44 2.19. Taxes ................................................................................................................................ 46 2.20. Indemnity ......................................................................................................................... 49 2.21. Change of Lending Office ............................................................................................... 49 2.22.Law......................................................................33 SECTION 2.20 Taxes....................................................................................34

Mandatory Prepayments and Commitment Reductions. 39 30 2.11. Conversion and Continuation Options................................ 30 2.12. Continuation Options ....................................................................................................... 39 Minimum Amounts and Maximum Number of Eurodollar Tranches.......... 31 2.13. Limitations on Eurocurrency Tranches ............................................................................ 40 2.14. Interest Rates and Payment Dates .................................................................................... 40 2.15Dates................................... 31 2.14. Computation of Interest and Fees .................................................................................... 41 2.16Fees................................... 32 2.15. Inability to Determine Interest Rate ................................................................................. 41 2.17Rate............................... 32 2.16. Pro Rata Treatment and Payments ................................................................................... 42 2.18Payments.................................... 33 2.17. Requirements of Law ....................................................................................................... 44 Law................................................ 34 2.18. Taxes.............................................................. 36 2.19. Taxes ................................................................................................................................ 46 Indemnity.......................................................... 37 2.20. Indemnity ......................................................................................................................... 49 Illegality......................................................... 37 2.21. Change of Lending Office ............................................................................................... 49 2.22.Office........................................... 38