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Common use of Reduction in Commitments Clause in Contracts

Reduction in Commitments. Paragraph 7 of the Tenth Amendment and Forbearance Agreement is hereby amended to the extent necessary to provide that the Commitment terminations provided therein shall not apply during the Standstill Period.

Appears in 2 contracts

Sources: Amendment to Credit Agreement (Atchison Casting Corp), Amendment and Forbearance Agreement (Atchison Casting Corp)

Related Clauses

  • Increase in Commitments
  • Termination and Reduction of Revolving Commitments
  • Termination or Reduction of Aggregate Revolving Commitments
  • Voluntary Reduction of Revolving Credit Commitments
  • Reduction of Commitments

Parent Clauses

  • Purchases From Seller and Settlements
  • PURCHASE AND SALE OF SERIES
  • Loans to Borrower and Settlements
  • Representations and Warranties
  • Indemnities by the Seller

Sub-Clauses

  • Voluntary Commitment Reduction
  • Mandatory Commitment Reduction
  • VOLUNTARY REDUCTION IN COMMITMENTS
  • AUTOMATIC REDUCTION IN COMMITMENTS
  • No Implied Consent
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