Common use of Application of Commitment Reductions; Payment of Fees Clause in Contracts

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 4 contracts

Samples: Credit Agreement (Vivint Smart Home, Inc.), Assignment and Assumption (Performance Food Group Co), Credit Agreement (APX Group Holdings, Inc.)

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Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 3 contracts

Samples: Abl Credit Agreement (Cole Haan, Inc.), Abl Credit Agreement (Cole Haan, Inc.), Credit Agreement (Cole Haan, Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 3 contracts

Samples: Credit Agreement (Collier Creek Holdings), Term Loan Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Utz Brands, Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of the unused Commitments of any Class under this Section 2.062.07. Upon any reduction of unused Commitments of any ClassCommitments, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 2 contracts

Samples: Second Lien Credit Agreement (SMART Technologies Inc.), Holdings Credit Agreement (SMART Technologies Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 2 contracts

Samples: Credit Agreement (King Digital Entertainment PLC), Credit Agreement (King Digital Entertainment PLC)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit or the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).10.13

Appears in 2 contracts

Samples: Credit Agreement (OUTFRONT Media Inc.), Credit Agreement (OUTFRONT Media Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 1 contract

Samples: Credit Agreement (Apria Healthcare Group Inc)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate applicable Lenders of any termination or reduction of unused portions of the unused Commitments of any Class under this Section 2.062.04. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.073.04).. Section 2.05

Appears in 1 contract

Samples: Execution Version Credit Agreement (Altus Power, Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).2.07

Appears in 1 contract

Samples: Credit Agreement (Utz Brands, Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.073.06(b)).

Appears in 1 contract

Samples: Credit Agreement (Polymer Group Inc)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s 's Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).3.09

Appears in 1 contract

Samples: Credit Agreement (Fidelity National Financial Inc /De/)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate applicable Lenders of any termination or reduction of unused portions of the unused Commitments of any Class under this Section 2.062.7. Upon any reduction of unused Commitments of any ClassCommitments, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Proportionate Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.072.16).

Appears in 1 contract

Samples: Credit Agreement (Altus Power, Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share Applicable Percentage of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 1 contract

Samples: Second Lien Credit Agreement (ONESPAWORLD HOLDINGS LTD)

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Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders and the L/C Arrangers of any termination or reduction of unused portions of the unused Letter of Credit Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any ClassCommitments, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such the Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 1 contract

Samples: Possession Credit Agreement

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any ClassCommitments, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share Applicable Percentage of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.073.06).

Appears in 1 contract

Samples: Credit Agreement (Media General Inc)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 1 contract

Samples: Credit Agreement (Dollarama CORP)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate applicable Lenders of any termination or reduction of unused portions of the unused Commitments of any Class under this Section 2.062.04. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.073.04).

Appears in 1 contract

Samples: Credit Agreement (CBRE Acquisition Holdings, Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the unused Commitments of any Class under this Section 2.062.04. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 1 contract

Samples: Senior Unsecured Term Loan Agreement (Catalent Pharma Solutions, Inc.)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).Section

Appears in 1 contract

Samples: Credit Agreement (W R Grace & Co)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate all Lenders of any the termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).

Appears in 1 contract

Samples: Superpriority Credit Agreement (Casa Systems Inc)

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07).#95787455v10

Appears in 1 contract

Samples: Term Loan Agreement (United Natural Foods Inc)

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