Application of Commitment Reductions. Upon each reduction of the Revolving Credit Facility pursuant to this Section 2.05, the Commitment of each of the Revolving Credit Lenders shall be reduced by such Revolving Credit Lender’s Pro Rata Share of the amount by which the Revolving Credit Facility is reduced in accordance with the Lenders’ respective Revolving Credit Commitments.
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Samples: And Guaranty Agreement (Dana Holding Corp), And Guaranty Agreement (Dana Holding Corp), Revolving Credit and Guaranty Agreement (Dana Holding Corp)
Application of Commitment Reductions. Upon each reduction of the Revolving Credit Facility pursuant to this Section 2.052.06, the Revolving Credit Commitment of each of the Revolving Credit Lenders shall be reduced by such Revolving Credit Lender’s Pro Rata Share of the amount by which the Revolving Credit Facility is reduced in accordance with the Lenders’ respective Revolving Credit Commitments.
Appears in 2 contracts
Samples: Senior Secured Revolving Facility Credit Agreement (Chemtura CORP), Senior Secured Revolving Facility Credit Agreement (Chemtura CORP)
Application of Commitment Reductions. Upon each reduction of the Revolving Credit Facility pursuant to this Section 2.05, the Commitment of each of the Revolving Credit Lenders shall be reduced by such Revolving Credit Lender’s Pro Rata Share of the amount by which the Revolving Credit Facility is reduced in accordance with the Lenders’ respective Revolving Credit Commitments.. Xxxx Second Amended and Restated Revolving Credit and Guaranty Agreement
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Application of Commitment Reductions. Upon each reduction of the Revolving Credit Facility pursuant to this Section 2.05, the Revolving Credit Commitment of each of the Revolving Credit Lenders shall be reduced by such Revolving Credit Lender’s Pro Rata Share of the amount by which the Revolving Credit Facility is reduced in accordance with the Lenders’ respective Revolving Credit Commitments.
Appears in 1 contract
Samples: Credit Agreement (Chemtura CORP)
Application of Commitment Reductions. Upon each reduction of the a Revolving Credit Facility pursuant to this Section 2.052.06, the Revolving Credit Commitment of each of the Revolving Credit Lenders under such Revolving Credit Facility shall be reduced by such Revolving Credit Lender’s Pro Rata Share of the amount by which the such Revolving Credit Facility is reduced in accordance with the Lenders’ respective Revolving Credit CommitmentsCommitments under such Revolving Credit Facility.
Appears in 1 contract
Samples: Senior Secured Revolving Facilities Credit Agreement (Chemtura CORP)
Application of Commitment Reductions. Upon each reduction of the Revolving Credit Facility pursuant to this Section 2.05, the Commitment of each of the Revolving Credit Lenders shall be reduced by such Revolving Credit Lender’s 's Pro Rata Share of the amount by which the Revolving Credit Facility is reduced in accordance with the Lenders’ ' respective Revolving Credit Commitments.
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