Common use of Mandatory Reduction or Termination of Commitments Clause in Contracts

Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the A Term Loan Commitment, the B Term Loan Commitment and the Revolving Loan Commitment of each Bank) shall terminate in their entirety on August 31, 1997 unless the Initial Borrowing Date has occurred on or prior to such date.

Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the A Term Loan Commitment, the B Term Loan Commitment and the Revolving Loan Commitment of each BankLender) shall terminate in their entirety on August July 31, 1997 2005 unless the Initial Borrowing Date has occurred on or prior to such date.

Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the A Term Loan Commitment, the B Term Loan Commitment and the Revolving Loan Commitment of each BankLender) shall terminate in their entirety on August 31June 30, 1997 2002 unless the Initial Borrowing Date has occurred on or prior to such date.