Common use of Reduction of Revolving Commitment Clause in Contracts

Reduction of Revolving Commitment. (i) In addition to the commitment reductions pursuant to Section 2.12(b)(ii) and 2.13(f), the Revolving Commitment shall be permanently reduced and terminated in full on the Maturity Date with respect to the Revolving Credit Facility. Any outstanding principal balance of the Revolving Loans not sooner due and payable will become due and payable on such Maturity Date and shall be accompanied by accrued interest on the amount repaid, any applicable fees pursuant to Section 3.5 and any other fees required hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Hawaiian Telcom Holdco, Inc.), Credit Agreement (Shenandoah Telecommunications Co/Va/)

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Reduction of Revolving Commitment. (i) In addition to the commitment reductions pursuant to Section 2.12(b)(ii) and 2.13(f2.13(e), the Revolving Commitment shall be permanently reduced and terminated in full on the Maturity Date with respect to the Revolving Credit Facility. Any outstanding principal balance of the Revolving Loans not sooner due and payable will become due and payable on such Maturity Date and shall be accompanied by accrued interest on the amount repaid, any applicable fees pursuant to Section 3.5 and any other fees required hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)

Reduction of Revolving Commitment. (i) In addition to the commitment reductions pursuant to Section 2.12(b)(ii) and 2.13(f2.13(g), the Revolving Commitment Commitments shall be permanently reduced and terminated in full on the Maturity Date with respect to the Revolving Credit Facility. Any outstanding principal balance of the Revolving Loans not sooner due and payable will become due and payable on such Maturity Date and shall be accompanied by accrued interest on the amount repaid, any applicable fees pursuant to Section 3.5 and any other fees required hereunder.

Appears in 1 contract

Samples: Credit Agreement (Alaska Communications Systems Group Inc)

Reduction of Revolving Commitment. (i) In addition to the commitment reductions pursuant to Section 2.12(b)(iiSections 2.9(b)(ii) and 2.13(f2.10(b), the Revolving Commitment shall be permanently reduced and terminated in full on the Maturity Date with respect to the Revolving Credit FacilityDate. Any outstanding principal balance of the Revolving Loans not sooner due and payable will become due and payable on such Maturity Date and shall be accompanied by accrued interest on the amount repaid, any applicable fees pursuant to Section 3.5 and any other fees required hereunder.

Appears in 1 contract

Samples: Credit Agreement (Seaboard Corp /De/)

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Reduction of Revolving Commitment. (i) In addition to the commitment reductions pursuant to Section 2.12(b)(ii2.12(c)(ii) and 2.13(f2.13(g), the Revolving Commitment Commitments shall be permanently reduced and terminated in full on the Maturity Date with respect to the Revolving Credit Facility. Any outstanding principal balance of the Revolving Loans not sooner due and payable will become due and payable on such Maturity Date and shall be accompanied by accrued interest on the amount repaid, any applicable fees pursuant to Section 3.5 and any other fees required hereunder.

Appears in 1 contract

Samples: Credit Agreement (Alaska Communications Systems Group Inc)

Reduction of Revolving Commitment. (i) In addition to the commitment reductions pursuant to Section 2.12(b)(ii) and 2.13(fSection 2.13(g), the Revolving Commitment shall be permanently reduced and terminated in full on the Maturity Date with respect to the Revolving Credit Facility. Any outstanding principal balance of the Revolving Loans not sooner due and payable will become due and payable on such Maturity Date and shall be accompanied by accrued interest on the amount repaid, any applicable fees pursuant to Section 3.5 and any other fees required hereunder.

Appears in 1 contract

Samples: Credit Agreement (Otelco Inc.)

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