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Common use of Scheduled Reductions Clause in Contracts

Scheduled Reductions. The Revolving Commitments shall be permanently reduced to zero on the fifth anniversary of the Closing Date

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (American Reprographics CO), Credit and Guaranty Agreement (American Reprographics CO), Credit and Guaranty Agreement (American Reprographics CO)

Related Clauses

  • Termination or Reduction of Revolving Commitments
  • Scheduled RDOs on Designated Long Weekends
  • Termination or Reduction of Aggregate Revolving Commitments
  • Scheduled Termination of Commitments
  • Mandatory Prepayments Commitment Reductions

Parent Clauses

  • Loans
  • Mandatory Commitment Reductions
  • Scheduled Payments Commitment Reductions
  • The Credits
  • Termination or Reduction of Commitments

Sub-Clauses

  • Discretionary Reductions
  • Mandatory Reductions upon Releases
  • Alternative Currency Exchange Rate Fluctuations
  • SCHEDULED REDUCTIONS TO TOTAL REVOLVING CREDIT COMMITMENT
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