Common use of Reduction of the Commitment Amounts Clause in Contracts

Reduction of the Commitment Amounts. The Initial Commitment Amount shall automatically and permanently be reduced to zero on the Initial Commitment Termination Date. The Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero on the Delayed Draw Commitment Termination Date.

Appears in 13 contracts

Samples: Credit Agreement (Bacterin International Holdings, Inc.), Credit Agreement (TELA Bio, Inc.), Credit Agreement (Natera, Inc.)

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Reduction of the Commitment Amounts. The Initial Commitment Amount shall automatically and permanently be reduced to zero on the Closing Date (immediately after the making of the Initial Commitment Termination DateLoan on such date). The Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero on the Delayed Draw Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (DarioHealth Corp.)

Reduction of the Commitment Amounts. The Initial Commitment Amount shall automatically and permanently be reduced to zero immediately after the making of the Initial Loan on the Initial Commitment Termination Closing Date. The Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero immediately after the making of the Delayed Draw Loan on the Delayed Draw Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Paulson Capital (Delaware) Corp.)

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Reduction of the Commitment Amounts. The Initial Commitment Amount shall automatically and permanently be reduced to zero on the Initial Commitment Termination Date. The Each Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero on the applicable Delayed Draw Commitment Termination Date.. ARTICLE III

Appears in 1 contract

Samples: Credit Agreement (Acutus Medical, Inc.)

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