Automatic Mandatory Reductions Sample Clauses

Automatic Mandatory Reductions. At the time of any mandatory prepayment of Loans pursuant to Section 1.4, the Commitment shall be reduced to the extent required by said Section 1.4, except that only the first $50,000,000 of the Net Cash Proceeds received in connection with the disposition of the assets mentioned in Section 6.5(e) hereof shall reduce the Commitment.