Common use of Additional Reductions Clause in Contracts

Additional Reductions. The Swing Line Commitment and the commitment under the LC Subfacility shall each be reduced from time to time on the date of any voluntary reduction of the Revolver Commitment by the amount, if any, by which each such Subfacility exceeds the Revolver Commitment after giving effect to such reduction of the Revolver Commitment.

Appears in 2 contracts

Samples: Credit Agreement (Affiliated Computer Services Inc), Revolving Credit Agreement (Pier 1 Imports Inc/De)

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Additional Reductions. The Swing Line Commitment and the commitment under the LC Subfacility shall each be reduced from time to time on the date of any mandatory or voluntary reduction of the Revolver Commitment by the amount, if any, by which each either such Subfacility exceeds the Revolver Commitment after giving effect to such reduction of the Revolver Commitment.

Appears in 2 contracts

Samples: Credit Agreement (Dobson Communications Corp), Dobson Communications Corp

Additional Reductions. The Swing Line Commitment and the --------------------- commitment under the LC Subfacility shall each be reduced from time to time on the date of any mandatory or voluntary reduction of the Revolver Commitment by the amount, if any, by which each either such Subfacility exceeds the Revolver Commitment after giving effect to such reduction of the Revolver Commitment.

Appears in 1 contract

Samples: Security Agreement (Azz Inc)

Additional Reductions. The Swing Line Commitment and the commitment under the LC Subfacility shall each be reduced from time to time on the date of any mandatory or voluntary reduction of the Revolver Commitment by the amount, if any, by which each such Subfacility commitment exceeds the Revolver Commitment after giving effect to such reduction of the Revolver Commitment.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Coorstek Inc)

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Additional Reductions. The Swing Line Commitment and the commitment under the LC Subfacility shall each be reduced from time to time on the date of any mandatory or voluntary reduction of the Revolver Commitment by the amount, if any, by which each such Subfacility exceeds the Revolver Commitment after giving effect to such reduction of the Revolver Commitment.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Acx Technologies Inc)

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