Common use of Proportionate Reductions Clause in Contracts

Proportionate Reductions. Any repayment of an Advance denominated in an Optional Currency shall reduce the amount of such Advance by the amount of such Optional Currency repaid and shall reduce the Euro Amount of such Advance proportionately

Appears in 1 contract

Sources: Multicurrency Senior Term, Bridge and Revolving Credit Facilities Agreement (Randstad North America, L.P.)

Proportionate Reductions. Any repayment of an Advance denominated in an Optional Currency shall reduce the amount of such Advance by the amount of such Optional Currency repaid and shall reduce the Euro Dollar Amount of such Advance proportionately.

Appears in 1 contract

Sources: Multicurrency Term Facility Agreement (London Pacific Group LTD)

Proportionate Reductions. Any repayment of an Advance denominated in an Optional Currency shall reduce the amount of such Advance by the amount of such Optional Currency repaid and shall reduce the Euro Guilder Amount of such Advance proportionately.

Appears in 1 contract

Sources: Loan Agreement (Getronics N V)