Common use of Ratable Reduction Clause in Contracts

Ratable Reduction. Each reduction in the Aggregate Maximum Credit Amount shall be made ratably among the Lenders in accordance with their respective applicable Maximum Credit Amount.

Appears in 2 contracts

Sources: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Oil & Gas Investments, LLC)

Ratable Reduction. Each reduction in the Aggregate Maximum Credit Amount Amounts shall be made ratably among the Lenders in accordance with their respective applicable Aggregate Maximum Credit AmountAmounts.

Appears in 1 contract

Sources: Credit Agreement (AMERICAN EAGLE ENERGY Corp)