Common use of Application of Commitment Reductions; Payment of Fees Clause in Contracts

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, the Letter of Credit Sublimit or the Revolving Credit Commitments under any Revolving Tranche under this Section 2.06. Upon any reduction of Commitments under a Facility or a Tranche thereof, the Commitment of each Lender under such Facility or Tranche thereof shall be reduced by such Lender’s ratable share of the amount by which such Facility or Tranche thereof is reduced (other than the termination of the Commitment of any Lender as provided in Section 3.08). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, shall be paid on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Lenders of under the applicable Revolving Credit Facility of any termination or reduction of the Commitments under any Term Loan Tranche, unused portions of the Letter of Credit Sublimit, or the Swing Line Sublimit or the Revolving Credit unused Commitments under of any Revolving Tranche Type under this Section 2.06. Upon any reduction of unused Commitments under a Facility or a Tranche thereofof any Type, the Commitment of each Lender under the applicable Revolving Credit Facility of such Facility or Tranche thereof Type shall be reduced by such Lender’s ratable share Applicable Pro Rata Share of the amount by which such Facility or Tranche thereof is Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.0811.16). All commitment fees Commitment Fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, shall be paid on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, unused portions of the Letter of Credit Sublimit or the Revolving Credit Swing Line Sublimit or the unused Commitments under of any Revolving Class or Tranche (or Series thereof) under this Section 2.062.07. Upon any reduction of unused Commitments under a Facility of any Class or a Tranche (or Series thereof), the Commitment of each Lender under of such Facility Class or Tranche thereof (or Series thereof) shall be reduced by such Lender’s ratable share Pro Rata Share of the amount by which such Facility or Tranche thereof is Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.083.09). All commitment facility fees accrued until the effective date of any termination of the Aggregate Revolving Credit Commitments and unpaid, shall be paid on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Appropriate Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit, the Euro Sublimit or the Revolving Credit Sterling Sublimit or the unused Commitments under of any Revolving Tranche Class under this Section 2.062.06 as the Borrower may direct in its sole discretion. Upon any reduction of unused Commitments under a Facility or a Tranche thereofof any Class, the Commitment of each Lender under of such Facility or Tranche thereof Class shall be reduced by such Lender’s ratable share Pro Rata Share of the amount by which such Facility or Tranche thereof is Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.083.07). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, of any Class shall be paid to the Appropriate Lenders on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Appropriate Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, unused portion of the Letter of Credit Sublimit or the Revolving Credit unused Commitments under of any Revolving Tranche Class under this Section 2.06. The amount of any such reduction of the Revolving Credit Commitments shall not be applied to the Letter of Credit Sublimit unless otherwise specified by the Borrower. Upon any reduction of unused Commitments under a Facility or a Tranche thereofof any Class, the Commitment of each Lender under of such Facility or Tranche thereof Class shall be reduced by such Lender’s ratable share Pro Rata Share of the amount by which such Facility or Tranche thereof is reduced (other than the termination of the Commitment of any Lender as provided in Section 3.08)Commitments are reduced. All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, of any Class shall be paid to the Appropriate Lenders on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan TrancheCommitment, the Letter of Credit Sublimit Sublimit, or the unused Revolving Credit Commitments under any Revolving Tranche Commitment under this Section 2.06. Each reduction of the Term Commitments pursuant to Section 2.06(a) shall be applied to the applicable Term Facility. Upon any reduction of Commitments under a Facility or a Tranche thereofFacility, the Commitment of each Lender under such Facility or Tranche thereof shall be reduced by such Lender’s ratable share Pro Rata Share of the amount by which such Facility or Tranche thereof is reduced (other than the termination of the Commitment of any Lender as provided in Section 3.083.07). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, shall be paid on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Lenders of the applicable Facility Tranche of any termination or reduction of the Commitments under any Term Loan Tranche, the Letter of Credit Sublimit or the Revolving Credit Commitments Commitment under any Revolving Tranche under this Section 2.06. Upon any reduction of Commitments under a Facility or a Tranche thereof, the Commitment of each Lender under such Facility or Tranche thereof shall be reduced by such Lender’s ratable share of the amount by which such Facility or Tranche thereof is reduced (other than the termination of the Commitment of any Lender as provided in Section 3.083.06). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, shall be paid on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Appropriate Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit, the Euro Sublimit or the Revolving Credit Sterling Sublimit or the unused Commitments under of any Revolving Tranche Class under this Section 2.062.06 as the relevant Borrower may direct in its sole discretion. Upon any reduction of unused Commitments under a Facility or a Tranche thereofof any Class, the Commitment of each Lender under of such Facility or Tranche thereof Class shall be reduced by such Lender’s ratable share Pro Rata Share of the amount by which such Facility or Tranche thereof is Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.083.07). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, of any Class shall be paid to the Appropriate Lenders on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Appropriate Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, unused portion of the Letter of Credit Sublimit or the Revolving Credit unused Commitments under of any Revolving Tranche Class under this Section 2.06. The amount of any such reduction of the Revolving Credit Commitments shall not be applied to the Letter of Credit Sublimit unless otherwise specified by the Borrowers. Upon any reduction of unused Commitments under a Facility or a Tranche thereofof any Class, the Commitment of each Lender under of such Facility or Tranche thereof Class shall be reduced by such Lender’s ratable share Pro Rata Share of the amount by which such Facility or Tranche thereof is reduced (other than the termination of the Commitment of any Lender as provided in Section 3.08)Commitments are reduced. All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, of any Class shall be paid to the Appropriate Lenders on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Revolving Credit Lenders of any termination or reduction of unused portions of the applicable Facility Swing Line Sublimit, the Revolving Credit Lenders of any termination or reduction of the Commitments under any Term Loan Tranche, unused portions of the Letter of Credit Sublimit and all Lenders of the termination or the Revolving Credit reduction of unused Commitments under of any Revolving Tranche Class under this Section 2.06. Upon any reduction of unused Commitments under a Facility or a Tranche thereofof any Class, the Commitment of each Lender under of such Facility or Tranche thereof Class shall be reduced by such Lender’s ratable share Pro Rata Share of the amount by which such Facility or Tranche thereof is Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.083.07). All commitment fees accrued until the effective date of any termination of the Aggregate any Revolving Credit Commitments and unpaid, shall be paid on the effective date of such termination.

Application of Commitment Reductions; Payment of Fees. The Administrative Applicable Agent will promptly notify the applicable Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, the Letter of Credit Sublimit or the Revolving Credit Commitments under any Revolving Tranche Commitment under this Section 2.06. Upon any reduction of Commitments under a Facility or a Tranche thereof, the Commitment of each Lender under such Facility or Tranche thereof shall be reduced by such Lender’s ratable share of the amount by which such Facility or Tranche thereof is reduced (other than the termination of the Commitment of any Lender as provided in Section 3.08). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments and unpaid, shall be paid on the effective date of such termination.