Commitment Reduction. On the date of reduction of the Commitment pursuant to Section 2.6 hereof, including the Maturity Date, the aggregate amount of the Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable, which principal payment may not be made by means of Refinancing Advances.
Appears in 3 contracts
Samples: Credit Agreement (Clear Channel Communications Inc), Credit Agreement (Ccci Capital Trust Iii), Credit Agreement (Metro Networks Inc)
Commitment Reduction. On the date of reduction of the Commitment pursuant to Section 2.6 hereof, including the Maturity Date, the aggregate amount of the Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable, which principal payment may not be made by means of Refinancing Advances.
Appears in 3 contracts
Samples: Credit Agreement (La Quinta Inns Inc), Credit Agreement (La Quinta Inns Inc), Credit Agreement (La Quinta Inns Inc)
Commitment Reduction. On the date of any reduction of the Commitment pursuant to Section SECTION 2.6 hereof, including the Maturity Date, the aggregate amount of the Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable, which principal payment may not be made by means of Refinancing Advances.
Appears in 1 contract
Commitment Reduction. On the date of reduction of the Commitment pursuant to Section 2.6 hereof, including the Maturity Date, the aggregate amount of the applicable Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable, which principal payment may not be made by means of Refinancing Advances.
Appears in 1 contract
Samples: Credit Agreement (Compusa Inc)
Commitment Reduction. On the date of each reduction of the Commitment pursuant to Section 2.6 hereof, including the Maturity Date, the aggregate amount of the Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable, which principal payment may not be made by means of Refinancing Advances.Refinancing
Appears in 1 contract
Commitment Reduction. On the date of each reduction of the Commitment -------------------- pursuant to Section 2.6 hereof, including the Maturity Date, the aggregate amount of the Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable, which principal payment may not be made by means of Refinancing Advances. On the Maturity Date, the Commitment shall be reduced to zero.
Appears in 1 contract
Commitment Reduction. On the date of reduction of the Commitment -------------------- pursuant to Section 2.6 hereof, including the Maturity Date, the aggregate ----------- amount of the applicable Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable, which principal payment may not be made by means of Refinancing Advances.
Appears in 1 contract
Samples: Credit Agreement (Compusa Inc)
Commitment Reduction. On the date of reduction of the Commitment pursuant to Section 2.6 hereof, including the Maturity Date, the aggregate amount of the Advances outstanding on such date of reduction in excess of the Commitment as reduced minus all outstanding Reimbursement Obligations shall be due and payable. MATURITY DATE. To the extent not otherwise required to be paid earlier hereunder, which the unpaid outstanding principal payment may not amount of the Advances outstanding on the Maturity Date, all accrued interest and fees thereon, and all other Obligations related thereto, shall be made by means of Refinancing Advancesdue and payable in full on the Maturity Date.
Appears in 1 contract
