Mandatory Reduction. On the Maturity Date, the Commitment shall automatically reduce to zero.
Appears in 4 contracts
Sources: Credit Agreement (Sun Healthcare Group Inc), Credit Agreement (La Quinta Inns Inc), Credit Agreement (La Quinta Inns Inc)
Mandatory Reduction. On The Commitment shall be automatically reduced to zero on the Maturity Date, the Commitment shall automatically reduce to zero.
Appears in 3 contracts
Sources: Credit Agreement (Sunterra Corp), Credit Agreement (Signature Resorts Inc), Credit Agreement (Pc Service Source Inc)
Mandatory Reduction. On the Maturity Date, the Commitment shall be automatically reduce reduced to zero.
Appears in 2 contracts
Sources: Credit Agreement (Pillowtex Corp), Credit Agreement (Club Corp International)