Common use of Mandatory Reductions of Revolving Commitment Clause in Contracts

Mandatory Reductions of Revolving Commitment. Amount and the Term Loan A Maximum Amount. (a) On the date of any Mandatory Prepayment Event, the Revolving Commitment Amount shall be permanently reduced by an amount (if any) equal to the Designated Proceeds of such Mandatory Prepayment Event over the amount (if any) applied to prepay Term Loans pursuant to Section 6.2.2. (b) If, prior to September 1, 2000, the proceeds of any prepayment are applied to the Term Loans A, then the Term Loan A Maximum Amount shall be reduced, on a dollar-for-dollar basis, by the amount of such prepayment.