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

Application of Revolving Credit Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Revolving Credit Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit or the Revolving Credit Commitments under this Section 2.06. Upon any reduction of Revolving Credit Commitments, the Revolving Credit Commitment of each Revolving Credit Lender shall be reduced by such Lender’s Pro Rata Share of the amount by which such Revolving Credit Commitments are reduced (other than the termination of the Revolving Credit Commitment of any Revolving Credit Lender as provided in Section 3.07). All commitment fees accrued until the effective date of any termination or reduction of the Revolving Credit Commitments shall be paid on the effective date of such termination or reduction.

Application of Revolving Credit Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Revolving Credit Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, Sublimit or the Swing Line Sublimit or the unused Revolving Credit Commitments of any Tranche under this Section 2.062.07. Upon any reduction of unused Revolving Credit CommitmentsCommitments of any Tranche, the Revolving Credit Commitment of each Revolving Credit Lender of such Tranche shall be reduced by such Lender’s Pro Rata Share of the amount by which such Revolving Credit Commitments are reduced (other than the termination of the Revolving Credit Commitment of any Revolving Credit Lender as provided in Section 3.073.08). All commitment fees accrued until the effective date of any termination or reduction of the Revolving Credit Revolving Credit Commitments shall be paid on the effective date of such termination or reductiontermination.

Application of Revolving Credit Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Revolving Credit Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, Sublimit or the Swing Line Sublimit or the unused Revolving Credit Commitments of any Class under this Section 2.06. Upon any reduction of unused Revolving Credit CommitmentsCommitments of any Class, the Revolving Credit Commitment of each Revolving Credit Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Revolving Credit Commitments are reduced (other than the termination of the Revolving Credit Commitment of any Revolving Credit Lender as provided in Section 3.07). All commitment fees accrued until the effective date of any termination or reduction of the Revolving Credit Aggregate Commitments of any Class shall be paid to the Appropriate Lenders on the effective date of such termination or reductiontermination.

Application of Revolving Credit Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Revolving Credit Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, Sublimit or the Swing Line Sublimit or the unused Revolving Credit Commitments under this Section 2.06. Upon any reduction of unused Revolving Credit Commitments, the Revolving Credit Commitment of each Revolving Credit Lender shall be reduced by such Lender’s Pro Rata Share of the amount by which such Revolving Credit Commitments are reduced (other than the termination of the Revolving Credit Commitment of any Revolving Credit Lender as provided in Section 3.07). All commitment fees accrued until the effective date of any termination or reduction of the Revolving Credit Aggregate Commitments shall be paid to the Appropriate Lenders on the effective date of such termination or reductiontermination.