Common use of Mandatory Reduction of Revolving Loan Commitment Clause in Contracts

Mandatory Reduction of Revolving Loan Commitment. On the date of any mandatory prepayment pursuant to Section 2.10.2, the Revolving Loan Commitment shall be permanently reduced by the amount of such mandatory prepayment applied to prepay the Revolving Loans pursuant to Section 2.10.2.

Appears in 3 contracts

Samples: Credit Agreement (AmWINS GROUP INC), Assignment Agreement (American Coin Merchandising Inc), Credit Agreement (American Coin Merchandising Inc)

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Mandatory Reduction of Revolving Loan Commitment. On the date of any mandatory prepayment pursuant to Section 2.10.22.10.2(a), the Revolving Loan Commitment shall be permanently reduced by the amount of such mandatory prepayment applied to prepay the Revolving Loans pursuant to Section 2.10.22.10.2(a).

Appears in 2 contracts

Samples: Credit Agreement (Performant Financial Corp), Credit Agreement (Rosetta Stone Inc)

Mandatory Reduction of Revolving Loan Commitment. On the date of any mandatory prepayment of Revolving Loans pursuant to Section 2.10.22.10.2(a), the Revolving Loan Commitment shall be permanently reduced by the amount of such mandatory prepayment applied to prepay the Revolving Loans pursuant to Section 2.10.22.10.2(a).

Appears in 1 contract

Samples: Credit Agreement (Dwyer Group Inc)

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Mandatory Reduction of Revolving Loan Commitment. On the date of any mandatory prepayment pursuant to Section 2.10.22.9.2(a)(i) or (ii), the Revolving Loan Commitment shall be permanently reduced by the amount of such mandatory prepayment applied to prepay the Revolving Loans pursuant to Section 2.10.22.9.2(a)(i) or (ii).

Appears in 1 contract

Samples: Credit Agreement (Compass Diversified Trust)

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