Common use of Mandatory Reduction Clause in Contracts

Mandatory Reduction. The Revolving Credit Commitment shall be automatically reduced to zero on the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Power One Inc), Credit Agreement (Power One Inc)

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Mandatory Reduction. The On the Revolving Commitment Maturity Date, the Revolving Credit Commitment shall be automatically reduced reduce to zero on the Maturity Datezero.

Appears in 2 contracts

Samples: Credit Agreement (Home Interiors & Gifts Inc), Credit Agreement (Homco Puerto Rico Inc)

Mandatory Reduction. The (i) On the Revolving Commitment Maturity Date, the Revolving Credit Commitment shall be automatically reduced reduce to zero on the Maturity Datezero.

Appears in 1 contract

Samples: Credit Agreement (Kevco Inc)

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Mandatory Reduction. The On the Revolving Commitment Maturity Date, the ------------------- Revolving Credit Commitment shall be automatically reduced to zero on the Maturity Datezero.

Appears in 1 contract

Samples: Credit Agreement (Doskocil Manufacturing Co Inc)

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