Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b) (ii), (iii) and (iv), the Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 4 contracts
Sources: Credit Agreement (TTM Technologies Inc), Credit Agreement (Bradley Pharmaceuticals Inc), Credit Agreement (Racing Champions Corp)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b) (iiSections 3.3(b)(ii), (iii) and or (iv), the Revolving Committed Amount automatically shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 3 contracts
Sources: Credit Agreement (PRG Schultz International Inc), Credit Agreement (Profit Recovery Group International Inc), Credit Agreement (PRG Schultz International Inc)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b2.7(b) (ii), (iii) and (iv), the Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 3 contracts
Sources: Credit Agreement (Orthofix International N V), Credit Agreement (Dan River Inc /Ga/), Credit Agreement (Consolidated Graphics Inc /Tx/)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b2.7(b) (ii), (iii) and (iv), the Aggregate Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 3 contracts
Sources: Credit Agreement (Glenayre Technologies Inc), Credit Agreement (West Corp), Credit Agreement (Medvest Holdings Corp)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b) (ii), (iii), (iv) and (ivv), the Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 2 contracts
Sources: Credit Agreement (Sleepmaster LLC), Credit Agreement (Sleepmaster LLC)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b2.6(b)(ii) (ii), (iii) and - (iv), the Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 2 contracts
Sources: Credit Agreement (Red Robin Gourmet Burgers Inc), Credit Agreement (Red Robin Gourmet Burgers Inc)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b2.8(b)(ii) (ii), (iii) and (iv)or are prepaid pursuant to Section 6.15, the Revolving Committed Amount shall automatically be automatically permanently reduced by the amount of such required prepayment and/or or reduction.
Appears in 2 contracts
Sources: Credit Agreement (Cottontops Inc), Credit Agreement (Anvil Holdings Inc)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b) (ii2.8(b)(ii), (iii) and (iv), the Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 1 contract
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b) (ii), (iii) and (iv), the Aggregate Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction.
Appears in 1 contract
Sources: Credit Agreement (Integrated Defense Technologies Inc)
Mandatory Reductions. On any date that the Revolving Loans are required to be prepaid pursuant to the terms of Section 2.8(b) (ii), (iii) and (iv2.7(b)(ii)β(iv), the Revolving Committed Amount shall be automatically permanently reduced by the amount of such required prepayment and/or reduction; provided that the Revolving Committed Amount shall not be reduced to an amount less than $35,000,000 pursuant to this Section 2.6(b) or Section 2.7(b)(v).
Appears in 1 contract