Common use of Proportionate Reductions Clause in Contracts

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

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Vnu N V), Revolving Credit Facility Agreement (Niner Acquistion Inc)