Mandatory Reductions. If after giving effect to any reduction or termination of Commitments under this Section 2.05, the Letter of Credit Sublimit exceeds the Aggregate Commitments at such time, the Letter of Credit Sublimit shall be automatically reduced by the amount of such excess.
Appears in 5 contracts
Sources: Credit Agreement (Louisiana-Pacific Corp), Credit Agreement (Louisiana-Pacific Corp), Credit Agreement (Louisiana-Pacific Corp)
Mandatory Reductions. If after giving effect to any reduction or termination of Commitments under this Section 2.05, the Letter of Credit Sublimit exceeds the Aggregate Commitments at such time, the Letter of Credit Sublimit shall be automatically reduced by the amount of such excess.Aggregate
Appears in 1 contract
Sources: First Amendment to Second Amended and Restated Credit Agreement (Louisiana-Pacific Corp)
Mandatory Reductions. If after giving effect to any reduction or termination of the Aggregate Revolving Commitments under this Section 2.052.05(a), the Letter of Credit Sublimit exceeds the Aggregate Revolving Commitments at such time, the Letter of Credit Sublimit shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Sources: Credit Agreement (McAfee, Inc.)