Common use of Mandatory Reduction of Commitments Clause in Contracts

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30, 2006, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 5 contracts

Samples: Intercreditor Agreement (Dole Food Co Inc), Intercreditor Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)

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Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30, 20062007, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 2 contracts

Samples: Credit Agreement (PAETEC Holding Corp.), Credit Agreement (NightHawk Radiology Holdings Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Term Loan Commitment and Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30July 31, 2006, 2003 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

Mandatory Reduction of Commitments. (a) The Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its their entirety on April 30May 31, 2006, 2000 unless the Initial Borrowing Effective Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Pledge Agreement (Sitel Corp)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30January 31, 2006, 2008 unless the Initial Borrowing Effective Date has shall have occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Trico Marine Services Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the A Term Loan Commitment, B Term Loan Commitment, and the Revolving Loan Commitment of each LenderBank) shall terminate in its entirety on April June 30, 2006, 1998 unless (i) all elements of the Transaction which are required pursuant to Section 5A to have been consummated on or prior to the Initial Borrowing Date shall have been consummated and (ii) the Initial Borrowing Date has occurred on or prior to such dateoccurred.

Appears in 1 contract

Samples: Credit Agreement (Capstar Broadcasting Corp)

Mandatory Reduction of Commitments. (a) The Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30February 22, 20062012, unless the Initial Borrowing Effective Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Mobile Mini Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment Commitments of each Lender) shall terminate in its entirety on April 30May 15, 2006, 2004 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Aearo CO I)

Mandatory Reduction of Commitments. (a) The Total Commitment ---------------------------------- (and the Revolving Loan Commitment Commitments of each Lender) shall terminate in its entirety on April 30July 13, 2006, 2001 unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) Commitments shall terminate in its their entirety on April 30August 31, 2006, 2001 unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Pledge Agreement (Extended Stay America Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30May 31, 2006, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (RCN Corp /De/)

Mandatory Reduction of Commitments. (a) The Total Commitment ---------------------------------- (and the Revolving Loan each Commitment of each Lender) shall terminate in its entirety on April 30May 31, 2006, 1999 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Idt Corp)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30May 15, 2006, 2003 unless the Initial Borrowing Date has shall have occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (United Breweries Co Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment Commitments (and each of the Revolving Loan Commitment Commitments of each Lender) shall terminate in its their entirety on April 30October 31, 20062004, unless the Initial Borrowing Date has shall have occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (VHS of Anaheim Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30, 2006, unless 2006 if the Initial Borrowing Date has not occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Overseas Shipholding Group Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30May 31, 20062011, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Security Agreement (Town Sports International Holdings Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30March 15, 20062007, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Holdings Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Term Loan Commitment and the Revolving Loan Commitment of each LenderLender with such a Commitment) shall terminate in its entirety on April 30, 2006, 2004 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (EnerSys)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Term Loan Commitment and the Revolving Loan Commitment of each LenderBank) shall terminate in its entirety on April 30March 31, 2006, 1998 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Universal Compression Holdings Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April July 30, 20062004, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Bway Corp)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment Commitments of each Lender) shall terminate in its entirety on April 30March 31, 2006, 2002 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Infousa Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30March 24, 20062003, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Hughes Electronics Corp)

Mandatory Reduction of Commitments. (a) The Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30June 27, 20062008, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Mobile Mini Inc)

Mandatory Reduction of Commitments. (a) The Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April December 30, 2006, 2002 unless the Initial Borrowing Effective Date has shall have occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Trico Marine Services Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Term Loan Commitment and Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30December 23, 20062003, unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Quality Distribution Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30, 2006, 2004 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (EnerSys)

Mandatory Reduction of Commitments. (a) The Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its their entirety on April 30February 28, 20062002, unless the Initial Borrowing Effective Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Hanger Orthopedic Group Inc

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Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment Commitments of each Lender) shall terminate in its entirety on April 30July 31, 2006, 1999 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Infousa Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30August 2, 20062005, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Lee Enterprises Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) ---------------------------------- shall terminate in its entirety on April 30December 1, 2006, 2000 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (RPP Capital Corp)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30, 20062004, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (American Seafoods Corp)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan each Commitment of each Lender) shall terminate in its entirety on April November 30, 2006, 1999 unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Capstar Broadcasting Partners Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30December 31, 20062004, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (RCN Corp /De/)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30, 20062003, unless the Initial Borrowing Effective Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment Commitments of each Lender) shall terminate in its entirety on April 30May 15, 2006, 1999 unless the Initial Borrowing Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Pagemart Wireless Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30___, 20062007, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (RCN Corp /De/)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan each Commitment of each Lender) shall terminate in its entirety on April 30December 31, 2006, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Aleris International, Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April November 30, 2006, 2004 unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Nash Finch Co)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30January 31, 20062004, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Magellan Health Services Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30March 1, 20062011, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Global Cash Access Holdings, Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety at 5:00 P.M. on April 30May 9, 20062012, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Pledge Agreement (Affinity Gaming, LLC)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30July 31, 20062003, unless the Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Fairchild Semiconductor International Inc)

Mandatory Reduction of Commitments. (a) The Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on April 30January 31, 20062012, unless the Initial Borrowing Effective Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Magellan Health Services Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment ---------------------------------- (and the Term Loan Commitment and the Revolving Loan Commitment of each LenderBank) shall terminate in its entirety on April 30May 15, 2006, 1998 unless the Initial Borrowing Date has shall have occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Corporate Express Inc)

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