Common use of Effect of Commitment Reductions Clause in Contracts

Effect of Commitment Reductions. From the effective date of any reduction of the Total Revolving Loan Commitment, the Unused Commitment Fees payable pursuant to Subparagraph 2.05(c) shall be computed on the basis of the Total Revolving Loan Commitment as so reduced. Once reduced or cancelled, the Total Revolving Loan Commitment may not be increased or reinstated without the prior written consent of Agent and all Lenders. Any reduction of the Total Revolving Loan Commitment pursuant to this Paragraph 2.04 shall be applied ratably to reduce each Lender’s Revolving Loan Commitment in accordance with clause (i) of Subparagraph 2.10(a).

Effect of Commitment Reductions. From the effective date of any reduction of the Total Revolving Loan Commitment, the Unused Commitment Fees payable pursuant to Subparagraph 2.05(cSection 2.06(b) shall be computed on the basis of the Total Revolving Loan Commitment as so reduced. Once reduced or cancelled, the Total Revolving Loan Commitment may not be increased or reinstated without the prior written consent of Agent and all Revolving Lenders. Any reduction of the Total Revolving Loan Commitment pursuant to this Paragraph 2.04 Section 2.05(b) shall be applied ratably to reduce each Revolving Lender’s Revolving Loan Commitment in accordance with clause (i) of Subparagraph 2.10(aSection 2.11(a).

Effect of Commitment Reductions. From the effective date of any reduction of the Total Revolving Loan Commitment, the Unused Commitment Fees payable pursuant to Subparagraph 2.05(cSection 2.06(b) shall be computed on the basis of the Total Revolving Loan Commitment as so reduced. Once reduced or cancelled, the Total Revolving Loan Commitment may not be increased or reinstated without the prior written consent of Agent and all Lenders. Any reduction of the Total Revolving Loan Commitment pursuant to this Paragraph 2.04 Section 2.05(b) shall be applied ratably to reduce each Lender’s Revolving Loan Commitment in accordance with clause (i) of Subparagraph 2.10(aSection 2.11(a).

Effect of Commitment Reductions. From the effective date of any reduction of the Total Revolving Loan Commitment, the Unused Commitment Fees payable pursuant to Subparagraph 2.05(cSection 2.06(b) shall be computed on the basis of the Total Revolving Loan Commitment as so reduced. Once reduced or cancelled, the Total Revolving Loan Commitment may not be increased or reinstated without the prior written consent of Agent and all Lenders. Any reduction of the Total Revolving Loan Commitment pursuant to this Paragraph 2.04 Section 2.05(a) shall be applied ratably to reduce each Lender’s Revolving Loan Commitment in accordance with clause (i) of Subparagraph 2.10(aSection 2.11(a).