Common use of Reductions Clause in Contracts

Reductions. Any repayment of any 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 Sterling Amount of such Advance proportionately.

Appears in 11 contracts

Samples: Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

AutoNDA by SimpleDocs

Reductions. Any repayment of any 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 Sterling Euro Amount of such Advance proportionately.

Appears in 7 contracts

Samples: Agreement (Buhrmann Nv), Senior Facilities Agreement (Corporate Express N.V.), Senior Facilities Agreement (Liberty Global PLC)

AutoNDA by SimpleDocs

Reductions. Any repayment of any 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 Sterling Base Currency Amount of such Advance proportionately.

Appears in 1 contract

Samples: Credit Facilities Agreement (Qiagen Nv)

Time is Money Join Law Insider Premium to draft better contracts faster.