Mandatory Reduction. On the Revolving Commitment Maturity Date, the Revolving Credit Commitment shall automatically reduce to zero.
Appears in 2 contracts
Sources: Credit Agreement (Homco Puerto Rico Inc), Credit Agreement (Home Interiors & Gifts Inc)
Mandatory Reduction. On the Revolving Commitment Maturity Date, the The Revolving Credit Commitment shall be automatically reduce reduced to zerozero on the Maturity Date.
Appears in 2 contracts
Sources: Credit Agreement (Power One Inc), Credit Agreement (Power One Inc)
Mandatory Reduction. On the Revolving Commitment Maturity Date, the ------------------- Revolving Credit Commitment shall be automatically reduce reduced to zero.
Appears in 1 contract
Mandatory Reduction. On the Revolving Commitment Maturity Date, the Revolving Credit Commitment shall automatically reduce to zero. In addition, the Revolving Credit Commitment shall be permanently reduced by the amount of any prepayment of Revolving Credit Advances pursuant to SECTIONS 2.5(c), (d) and (e) hereof.
Appears in 1 contract