Mandatory Reductions definition

Mandatory Reductions shall have the meaning set forth in Section 2.2(a) hereof.
Mandatory Reductions means (a) payments on the Notes required under Section 9.12 of each Note Purchase Agreement (as in effect after giving effect to the Fourth Amendments thereto dated as of September 18, 2009) and (b) payments on the Advances required under Sections 2.3(b) and (e) of the 2008 Credit Agreement (as in effect after giving effect to the Third Amendment thereto dated as of September 18, 2009) or, if greater, the amount of commitment reductions required under Sections 2.3(b) and (e) of the 2008 Credit Agreement, as applicable.
Mandatory Reductions means, collectively, the aggregate of any and all reductions in the Total General Revolving Commitment effective after the effectiveness of the Fifth Amendment to this Agreement (a) pursuant to clause (i) of the first sentence of section 4.2(b) of this Agreement by reference to any mandatory prepayment of Loans made pursuant to section 5.2(d) of this Agreement and (b) pursuant to clause (ii) of the first sentence of section 4.2(b) of this Agreement by reference to Excess Cash Flow for the Parent's fiscal year ending December 31, 2003.

Related to Mandatory Reductions

  • Mandatory Retirement means termination of employment pursuant to the Company’s mandatory retirement policy.

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.