Common use of All Reductions of Commitments Clause in Contracts

All Reductions of Commitments. All reductions of the Revolving Commitments will reduce the Revolving Commitments ratably among the Lenders according to their respective Pro Rata Shares. All reductions of the Delayed Draw Term Loan Commitments will reduce the Delayed Draw Term Loan Commitments ratably among the Lenders according to their respective Pro Rata Shares.

Appears in 1 contract

Sources: Credit Agreement (Digital Media Solutions, Inc.)

All Reductions of Commitments. All reductions of the Revolving Commitments will reduce the Revolving Commitments ratably among the Lenders according to their respective Pro Rata Shares. All reductions of the Delayed Draw Term Interest Line Loan Commitments will reduce the Delayed Draw Term Interest Line Loan Commitments ratably among the Lenders according to their respective Pro Rata Shares.

Appears in 1 contract

Sources: Credit Agreement (Track Group, Inc.)