{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "promptly-following", "type": "clause", "offset": [0, 18]}, {"key": "required-amount", "type": "definition", "offset": [42, 57]}, {"key": "reduction-in", "type": "definition", "offset": [86, 98]}, {"key": "the-class-b-certificates", "type": "clause", "offset": [119, 143]}, {"key": "maximum-commitment", "type": "definition", "offset": [162, 180]}, {"key": "equal-to", "type": "definition", "offset": [225, 233]}, {"key": "by-the-borrower", "type": "clause", "offset": [278, 293]}, {"key": "the-borrower-shall", "type": "clause", "offset": [296, 314]}, {"key": "notice-of-any", "type": "clause", "offset": [320, 333]}, {"key": "reduction-of", "type": "clause", "offset": [349, 361]}, {"key": "commitment-to-the", "type": "clause", "offset": [374, 391]}, {"key": "liquidity-provider", "type": "clause", "offset": [392, 410]}, {"key": "business-days", "type": "definition", "offset": [422, 435]}, {"key": "failure-by-the", "type": "clause", "offset": [449, 463]}], "samples": [{"hash": "cUfQQ3GNrhm", "uri": "/contracts/cUfQQ3GNrhm#automatic-reduction", "label": "Revolving Credit Agreement (United Airlines, Inc.)", "score": 28.8658447266, "published": true}, {"hash": "4FT4coQcUqa", "uri": "/contracts/4FT4coQcUqa#automatic-reduction", "label": "Revolving Credit Agreement (United Airlines, Inc.)", "score": 28.8658447266, "published": true}, {"hash": "jSzKaAtTh34", "uri": "/contracts/jSzKaAtTh34#automatic-reduction", "label": "Revolving Credit Agreement (Northwest Airlines Corp)", "score": 21.0, "published": true}], "snippet": "Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class B Certificates or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower). The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider within two Business Days thereof. 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The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect such automatic reduction of the Maximum Commitment.", "size": 50, "hash": "d5841c8357d77341e84362fdb41914ed", "id": 2}, {"snippet_links": [{"key": "promptly-following", "type": "clause", "offset": [0, 18]}, {"key": "required-amount", "type": "definition", "offset": [42, 57]}, {"key": "reduction-in", "type": "definition", "offset": [86, 98]}, {"key": "the-class-a-certificates", "type": "clause", "offset": [119, 143]}, {"key": "maximum-commitment", "type": "definition", "offset": [162, 180]}, {"key": "equal-to", "type": "definition", "offset": [225, 233]}, {"key": "by-the-borrower", "type": "clause", "offset": [278, 293]}, {"key": "provided-that", "type": "clause", "offset": [296, 309]}, {"key": "regular-distribution-date", "type": "definition", "offset": [366, 391]}, {"key": "the-borrower-shall", "type": "clause", "offset": [476, 494]}, {"key": "notice-of-any", "type": "clause", "offset": [500, 513]}, {"key": "reduction-of", "type": "clause", "offset": [529, 541]}, {"key": "commitment-to-the", "type": "clause", "offset": [554, 571]}, {"key": "liquidity-provider", "type": "clause", "offset": [572, 590]}, {"key": "business-days", "type": "definition", "offset": [602, 615]}, {"key": "failure-by-the", "type": "clause", "offset": [629, 643]}], "samples": [{"hash": "8T0QUtLibBL", "uri": "/contracts/8T0QUtLibBL#automatic-reduction", "label": "Revolving Credit Agreement (United Airlines, Inc.)", "score": 35.5954818726, "published": true}, {"hash": "7dbVDoycGRg", "uri": "/contracts/7dbVDoycGRg#automatic-reduction", "label": "Revolving Credit Agreement (United Airlines, Inc.)", "score": 32.4674873352, "published": true}, {"hash": "jZBhYENmUpQ", "uri": "/contracts/jZBhYENmUpQ#automatic-reduction", "label": "Revolving Credit Agreement (United Airlines, Inc.)", "score": 31.8391513824, "published": true}], "snippet": "Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class A Certificates or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower); provided that on (or, as applicable, immediately following) the first Regular Distribution Date, the Maximum Commitment shall automatically be reduced to the then Required Amount. The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect such automatic reduction of the Maximum Commitment.", "size": 20, "hash": "cc8f6d3c8f22da8020d8c55225ea02cd", "id": 3}, {"snippet_links": [{"key": "rate-of-wages", "type": "clause", "offset": [4, 17]}, {"key": "it-is-mutually-agreed-that", "type": "clause", "offset": [51, 77]}, {"key": "a-portion", "type": "definition", "offset": [78, 87]}, {"key": "allocated-to", "type": "definition", "offset": [110, 122]}, {"key": "various-funds", "type": "clause", "offset": [141, 154]}, {"key": "payments-for", "type": "clause", "offset": [156, 168]}, {"key": "fringe-benefits", "type": "definition", "offset": [169, 184]}, {"key": "article-13", "type": "definition", "offset": [204, 214]}], "samples": [{"hash": "aM5SFEmyn48", "uri": "/contracts/aM5SFEmyn48#automatic-reduction", "label": "Collective Bargaining Agreement", "score": 29.0623474121, "published": true}, {"hash": "5F1rYcGqB1W", "uri": "/contracts/5F1rYcGqB1W#automatic-reduction", "label": "Collective Bargaining Agreement", "score": 28.850063324, "published": true}, {"hash": "io5KaxNMdcc", "uri": "/contracts/io5KaxNMdcc#automatic-reduction", "label": "Collective Bargaining Agreement", "score": 28.7268829346, "published": true}], "snippet": "The rate of wages will be automatically reduced if it is mutually agreed that a portion of these increases be allocated to payments unto the Various Funds. 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The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect such automatic reduction of the Maximum Commitment.", "size": 8, "hash": "d9b5c64095cb3595ac2cdcc4bf18e7e5", "id": 5}, {"snippet_links": [{"key": "promptly-following", "type": "clause", "offset": [0, 18]}, {"key": "required-amount", "type": "definition", "offset": [42, 57]}, {"key": "reduction-in", "type": "definition", "offset": [86, 98]}, {"key": "the-class-b-certificates", "type": "clause", "offset": [119, 143]}, {"key": "termination-date", "type": "clause", "offset": [175, 191]}, {"key": "maximum-commitment", "type": "definition", "offset": [210, 228]}, {"key": "equal-to", "type": "definition", "offset": [273, 281]}, {"key": "by-the-borrower", "type": "clause", "offset": [326, 341]}, {"key": "the-borrower-shall", "type": "clause", "offset": [344, 362]}, {"key": "notice-of-any", "type": "clause", "offset": [368, 381]}, {"key": "reduction-of", "type": "clause", "offset": [397, 409]}, {"key": "commitment-to-the", "type": "clause", "offset": [422, 439]}, {"key": "liquidity-provider", "type": "clause", "offset": [440, 458]}, {"key": "business-days", "type": "definition", "offset": [483, 496]}, {"key": "failure-by-the", "type": "clause", "offset": [510, 524]}], "samples": [{"hash": "cnr0zsiF5WK", "uri": "/contracts/cnr0zsiF5WK#automatic-reduction", "label": "Revolving Credit Agreement (American Airlines Inc)", "score": 24.9041748047, "published": true}, {"hash": "lyGhuVEBAup", "uri": "/contracts/lyGhuVEBAup#automatic-reduction", "label": "Revolving Credit Agreement (Amr Corp)", "score": 22.1923332214, "published": true}], "snippet": "Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class B Certificates, the occurrence of the Step-Up Termination Date or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower). The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider and American within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect any such automatic reduction of the Maximum Commitment.", "size": 4, "hash": "74c0ba221308375eaf59d446bad69761", "id": 6}, {"snippet_links": [{"key": "promptly-following", "type": "clause", "offset": [0, 18]}, {"key": "required-amount", "type": "definition", "offset": [42, 57]}, {"key": "reduction-in", "type": "definition", "offset": [86, 98]}, {"key": "class-g-certificates", "type": "definition", "offset": [123, 143]}, {"key": "policy-provider-election", "type": "definition", "offset": [170, 194]}, {"key": "with-respect-to", "type": "clause", "offset": [195, 210]}, {"key": "series-g-equipment-note", "type": "definition", "offset": [215, 238]}, {"key": "maximum-commitment", "type": "definition", "offset": [258, 276]}, {"key": "equal-to", "type": "definition", "offset": [321, 329]}, {"key": "by-the-borrower", "type": "clause", "offset": [374, 389]}, {"key": "the-borrower-shall", "type": "clause", "offset": [392, 410]}, {"key": "notice-of-any", "type": "clause", "offset": [416, 429]}, {"key": "reduction-of", "type": "clause", "offset": [445, 457]}, {"key": "primary-liquidity-provider", "type": "definition", "offset": [488, 514]}, {"key": "business-days", "type": "definition", "offset": [526, 539]}, {"key": "failure-by-the", "type": "clause", "offset": [553, 567]}], "samples": [{"hash": "44J7w97TvBl", "uri": "/contracts/44J7w97TvBl#automatic-reduction", "label": "Revolving Credit Agreement (Continental Airlines Inc /De/)", "score": 21.0, "published": true}], "snippet": "Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class G Certificates (including by reason of a Policy Provider Election with respect to the Series G Equipment Note) or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower). The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Primary Liquidity Provider within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect such automatic reduction of the Maximum Commitment.", "size": 4, "hash": "ef239f4ac0e247435ddce70e5be8ff10", "id": 7}, {"snippet_links": [{"key": "promptly-following", "type": "clause", "offset": [0, 18]}, {"key": "required-amount", "type": "definition", "offset": [42, 57]}, {"key": "reduction-in", "type": "definition", "offset": [86, 98]}, {"key": "class-a-1-certificates", "type": "definition", "offset": [123, 145]}, {"key": "maximum-commitment", "type": "definition", "offset": [164, 182]}, {"key": "equal-to", "type": "definition", "offset": [227, 235]}, {"key": "by-the-borrower", "type": "clause", "offset": [280, 295]}, {"key": "provided-that", "type": "clause", "offset": [298, 311]}, {"key": "at-any-time", "type": "clause", "offset": [313, 324]}, {"key": "prior-to-the", "type": "clause", "offset": [325, 337]}, {"key": "termination-date", "type": "clause", "offset": [346, 362]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [404, 432]}, {"key": "application-of-the", "type": "clause", "offset": [454, 472]}, {"key": "additional-margin", "type": "clause", "offset": [473, 490]}, {"key": "equipment-notes", "type": "definition", "offset": [522, 537]}, {"key": "the-definition-of", "type": "definition", "offset": [544, 561]}, {"key": "stated-interest-rate", "type": "definition", "offset": [562, 582]}, {"key": "the-borrower-shall", "type": "clause", "offset": [646, 664]}, {"key": "notice-of-any", "type": "clause", "offset": [670, 683]}, {"key": "reduction-of", "type": "clause", "offset": [699, 711]}, {"key": "commitment-to-the", "type": "clause", "offset": [724, 741]}, {"key": "liquidity-provider", "type": "clause", "offset": [742, 760]}, {"key": "business-days", "type": "definition", "offset": [785, 798]}, {"key": "failure-by-the", "type": "clause", "offset": [812, 826]}], "samples": [{"hash": "9NzU66k0o1E", "uri": "/contracts/9NzU66k0o1E#automatic-reduction", "label": "Revolving Credit Agreement (American Airlines Inc)", "score": 18.0, "published": true}], "snippet": "Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class A-1 Certificates or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower); provided that, at any time prior to the Step-Up Termination Date, the Required Amount shall be calculated for purposes of this Section 2.04(a) assuming the application of the additional margin of 0.50% for the corresponding Equipment Notes under the definition of Stated Interest Rate (whether or not such additional margin shall otherwise apply). The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider and American within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect any such automatic reduction of the Maximum Commitment.", "size": 4, "hash": "d169d6f12daf58ab247d45d658cbd11c", "id": 8}, {"snippet_links": [{"key": "promptly-following", "type": "clause", "offset": [0, 18]}, {"key": "required-amount", "type": "definition", "offset": [42, 57]}, {"key": "to-this-agreement", "type": "clause", "offset": [71, 88]}, {"key": "the-certificates", "type": "definition", "offset": [172, 188]}, {"key": "maximum-commitment", "type": "definition", "offset": [207, 225]}, {"key": "equal-to", "type": "definition", "offset": [270, 278]}, {"key": "by-the-borrower", "type": "clause", "offset": [323, 338]}, {"key": "provided-that", "type": "clause", "offset": [341, 354]}, {"key": "regular-distribution-date", "type": "definition", "offset": [368, 393]}, {"key": "in-effect", "type": "definition", "offset": [477, 486]}, {"key": "the-borrower-shall", "type": "clause", "offset": [519, 537]}, {"key": "notice-of-any", "type": "clause", "offset": [543, 556]}, {"key": "reduction-of", "type": "clause", "offset": [572, 584]}, {"key": "commitment-to-the", "type": "clause", "offset": [597, 614]}, {"key": "liquidity-provider", "type": "clause", "offset": [615, 633]}, {"key": "business-days", "type": "definition", "offset": [645, 658]}, {"key": "failure-by-the", "type": "clause", "offset": [672, 686]}], "samples": [{"hash": "i5JYpGJREI", "uri": "/contracts/i5JYpGJREI#automatic-reduction", "label": "Revolving Credit Agreement (Continental Airlines Inc /De/)", "score": 18.0, "published": true}, {"hash": "3uSzGhhvO8l", "uri": "/contracts/3uSzGhhvO8l#automatic-reduction", "label": "Revolving Credit Agreement (Continental Airlines Inc /De/)", "score": 18.0, "published": true}], "snippet": "Promptly following each date on which the Required Amount with respect to this Agreement is reduced as a result of a reduction (or deemed reduction) in the Pool Balance of the Certificates or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower); PROVIDED that on the first Regular Distribution Date, the Maximum Commitment shall automatically be reduced to the Required Amount then in effect with respect to this Agreement. The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect such automatic reduction of the Maximum Commitment.", "size": 3, "hash": "fd2644a65c0362b8eb1523c2bee106d0", "id": 9}, {"snippet_links": [{"key": "pay-grade", "type": "definition", "offset": [27, 36]}, {"key": "date-of", "type": "clause", "offset": [106, 113]}, {"key": "convening-authority", "type": "definition", "offset": [118, 137]}, {"key": "further-action", "type": "clause", "offset": [266, 280]}], "samples": [{"hash": "epBmgol0bQm", "uri": "/contracts/epBmgol0bQm#automatic-reduction", "label": "Pretrial Agreement", "score": 24.4835720062, "published": true}, {"hash": "eC5NbcXyhrI", "uri": "/contracts/eC5NbcXyhrI#automatic-reduction", "label": "Pretrial Agreement", "score": 21.798084259, "published": true}], "snippet": "The automatic reduction in pay grade (below pay-grade ____) will be suspended for _______ months from the date of the convening authority\u2019s action, at which time, unless sooner vacated, the part of the automatic reduction that was suspended will be remitted without further action.", "size": 2, "hash": "e67090a2f2b5642415e97d23325cb694", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhxhdXRvbWF0aWMtcmVkdWN0aW9uIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["amount-and-terms-of-the-commitment", "Amount and Terms of the Commitment"], ["reduction-or-termination-of-the-maximum-commitment", "Reduction or Termination of the Maximum Commitment"], ["reductions-or-termination-of-the-maximum-commitment", "Reductions or Termination of the Maximum Commitment"], ["liquidity-events-of-default", "Liquidity Events of Default"], ["affirmative-covenants-of-the-borrower", "Affirmative Covenants of the Borrower"]], "size": 250, "title": "Automatic Reduction", "children": [["adjudged-reduction", "Adjudged Reduction"], ["automatic-reduction", "Automatic Reduction"], ["termination", "Termination"], ["purchase-price", "\u2013 Purchase Price"], ["delivery-of-purchase-price", "\u2013 Delivery of Purchase Price"]], "id": "automatic-reduction", "related": [["automatic-renewal", "Automatic Renewal", "Automatic Renewal"], ["automatic-early-termination", "Automatic Early Termination", "Automatic Early Termination"], ["voluntary-termination-or-reduction", "Voluntary Termination or Reduction", "Voluntary Termination or Reduction"], ["staff-reduction", "Staff Reduction", "Staff Reduction"], ["voluntary-reduction", "Voluntary Reduction", "Voluntary Reduction"]], "related_snippets": [], "updated": "2026-03-15T05:55:42+00:00"}, "json": true, "cursor": ""}}