Common use of Reduction of Available Commitment Clause in Contracts

Reduction of Available Commitment. If a Bank's Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Facility, then the amount of that Advance shall be reduced accordingly.

Appears in 4 contracts

Sources: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc/De/), Revolving Loan Agreement (Imc Global Inc)

Reduction of Available Commitment. If a the Bank's ’s Available Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Facility, then the amount of that such Advance shall be reduced accordingly.

Appears in 2 contracts

Sources: Term Loan Agreement, Term Loan Agreement

Reduction of Available Commitment. If a Bank's Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an a Revolving Advance and such reduction was not taken into account in the Available Facility, then the amount of that Revolving Advance shall be reduced accordingly.

Appears in 2 contracts

Sources: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)

Reduction of Available Commitment. If a Bank's the Available Commitment is reduced in accordance with the terms hereof after the Facility Agent has received the receives a Notice of Drawdown for an Advance Drawing and such reduction was not taken into account in the calculation of the Available Facility, Commitment then the amount of that the Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Syndicated Credit Facilities Agreement (Chartered Semiconductor Manufacturing LTD)

Reduction of Available Commitment. If a Bank's Available Commitment is reduced in accordance with the terms hereof after the Facility Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available FacilityAdvance, then the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Facility Agreement (Royal Ahold)

Reduction of Available Commitment. If a Bank's Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown (but before the Utilisation Date) for an Advance or a Letter of Credit, and such reduction was not taken into account in the Available Facility, Facility then the amount of that Advance or Letter of Credit shall be reduced accordingly.

Appears in 1 contract

Sources: Facility Agreement (Primacom Ag)

Reduction of Available Commitment. If a Bank's Available Commitment is reduced in accordance with the terms hereof after the Facility Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Facility, then the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Bridge Facility Agreement (Koninklijke Numico Nv)

Reduction of Available Commitment. If a Bank's ’s Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available FacilityAdvance, then the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Revolving Loan Agreement (Teekay Shipping Corp)

Reduction of Available Commitment. If a Bank's Available Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available FacilityAdvance, then the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Term Loan Agreement (Arco Chemical Co)

Reduction of Available Commitment. If a Bank's ’s Available Commitment is reduced in accordance with the terms hereof after the Facility Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Facility, then the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Facility Agreement (Micron Technology Inc)

Reduction of Available Commitment. If a Bank's Available Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an the Advance and such reduction was not taken into account in the Available Facility, then the amount of that the Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Term Facility Agreement (Zindart LTD)

Reduction of Available Commitment. If a Bank's Commitment is reduced in accordance with the terms hereof after the Facility Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Facility, then the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Revolving Loan Facility Agreement (United Pan Europe Communications Nv)

Reduction of Available Commitment. If a Bank's Commitment is reduced in accordance with the terms hereof after the Facility Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available FacilityAdvance, then the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Revolving Facility Agreement (Central European Media Enterprises LTD)

Reduction of Available Commitment. If a Bank's Commitment is reduced in accordance with the terms hereof after the Administrative Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Facility, then both the Original Dollar Amount and the amount of that Advance shall be reduced accordingly.

Appears in 1 contract

Sources: Multicurrency Revolving Loan Agreement (Gulfmark Offshore Inc)