Allocation of Reduction Sample Clauses
Allocation of Reduction. Each reduction in the Total Commitment hereunder shall be made ratably among the Lenders in accordance with their respective Commitments. The Borrower shall pay to the Administrative Agent for the account of the Lenders, on the date of each termination or reduction of the Total Commitment, the Facility Fees on the amount of the Commitments so terminated or reduced accrued through the date of such termination or reduction.
Allocation of Reduction. The Parties acknowledge that the applicable royalty rate in Table 2 is dependent on Annual worldwide Net Sales of Products and any royalty rate reduction in the proviso of Section 6.7.2(a) applies on a country-by-country and Product-by-Product basis. The Parties will apply appropriate mechanisms to apportion any such reduction proportionally across the royalty tiers in Table 2.
Allocation of Reduction. 24 Section 2.10. Prepayment Including Prepayment as a Result of a Change of Control............................. 24 (a) Optional Prepayment...................................................................... 24 (b) Required Prepayment upon Reduction or Termination of Commitments......................... 24 (c) Prepayment Offer Required as a Result of a Change of Control............................. 24 (d) Outstandings in Excess of Commitments.................................................... 25 (e) Breakage Costs and Interest.............................................................. 26 TABLE OF CONTENTS Page i of iv