Commitment Reductions, Generally. To the extent that the sum of the aggregate outstanding (i) Advances under the Revolving Loan plus (ii) Bid Rate Loans exceed the Commitment after any reduction thereof, Company shall simultaneously repay on the date of such reduction, any such excess amount and all accrued interest thereon, together with any amounts constituting any Consequential Loss. Once reduced or terminated pursuant to this Section 2.4, the Commitment may not be increased or reinstated.
Commitment Reductions, Generally. To the extent outstanding Advances exceed the Commitment after any reduction thereof, the Borrower shall repay, on the date of such reduction, any such excess amount and all accrued interest thereon, the applicable Commitment Fee on the amount of such reduction and all amounts due. Once reduced or terminated, the Commitment may not be increased or reinstated.
Commitment Reductions, Generally. No prepayment under Section 2.04 hereof, required prepayment under Section 2.05 hereof or commitment reductions under Sections 2.11(c) and (d) above shall reduce or relieve the scheduled reduction required by Section 2.11(b) above. To the extent the outstanding Revolver A Advances exceed the Revolver A Commitment after any reduction thereof, or the outstanding Revolver B Advances exceed the Revolver B Commitment after any reduction thereof, , the Borrower shall repay, on the date of such reduction, any such excess amount and all accrued interest thereon, the applicable Commitment Fee on the amount of such reduction and all amounts due. Once reduced or terminated, neither of the Commitments may be increased or reinstated, except with respect to the Revolver B Commitment, and only in accordance with Section 2.18 hereof. Application of all reductions in the Commitments shall be in accordance with the terms of Section 2.13(f) hereof.
Commitment Reductions, Generally. Once reduced in accordance with this Section 2.04, the Aggregate Revolving Commitment may not be increased. Any reduction of the Aggregate Revolving Commitment pursuant to this Section 2.04 shall be applied pro rata to each Lender's Revolving Commitment. All accrued commitment and letter of credit fees to the effective date of any reduction or termination of the Aggregate Revolving Commitment shall be paid on the effective date of such reduction or termination. The Administrative Agent shall promptly notify the affected Lenders of any such reduction or termination of the Aggregate Revolving Commitment.
Commitment Reductions, Generally. To the extent that the sum of the aggregate outstanding Advances exceed the Commitment after any reduction thereof, Company shall simultaneously repay on the date of such reduction, any such excess amount and all accrued interest thereon, together with any amounts constituting any Consequential Loss. Once reduced or terminated pursuant to this SECTION 2.4, the Commitment may not be increased or reinstated.
Commitment Reductions, Generally. The Administrative Agent shall promptly notify the Appropriate Lenders of any such reduction or termination of the Letter of Credit Sublimit or Aggregate Revolving Commitment under this Section 2.04. Upon any reduction of the Aggregate Revolving Commitment, the Revolving Commitment of each Revolving Lender shall be reduced by such Lender’s Revolving Commitment Percentage of such reduction amount. Once reduced in accordance with this Section 2.04, the Aggregate Revolving Commitment may not be increased. All fees in respect of the Revolving Facility accrued until the effective date of any termination of the Revolving Facility shall be paid on the effective date of such termination.
Commitment Reductions, Generally. To the extent outstanding Revolving Advances exceed the Commitment after any reduction thereof, the Borrower shall repay, on the date of such reduction, any such excess amount and all accrued interest thereon, the applicable Commitment Fee on the amount of such reduction and all amounts due. Once reduced or terminated, the Commitment may not be increased or reinstated. No reduction of the Commitment, either voluntary or mandatory under Sections 2.11(b), 2.11(c), 2.11(d) or 2.11(e) hereof, shall relieve or alter the mandatory reduction and termination of the Commitment pursuant to Section 2.11(a) hereof.
Commitment Reductions, Generally. To the extent that the sum of the aggregate outstanding Advances under the Revolver Loan exceeds the Revolver Commitment after any reduction thereof, Borrower shall immediately repay on the date of such reduction, any such excess amount and all accrued interest thereon, together with any amounts constituting any Consequential Loss. Once reduced or terminated pursuant to this Section 2.04, the Revolver Commitment may not be increased or reinstated.
Commitment Reductions, Generally. To the extent that the sum of the aggregate outstanding (i) Advances under the Revolving Loan plus (ii) Swing Line Loans, plus (iii) Reimbursement Obligations exceed the Commitment after any reduction thereof, Company shall simultaneously repay on the date of such reduction, any such excess amount and all accrued interest thereon, together with any amounts constituting any Consequential Loss. Once reduced or terminated pursuant to this SECTION 2.4, the Commitment may not be increased or reinstated.
Commitment Reductions, Generally. To the extent the sum of the aggregate outstanding Advances under the Revolver/Term Loan exceed the Revolver/Term Commitment after any reduction thereof, prior to or on the Conversion Date, the Borrower shall immediately repay on the date of such reduction, any such excess amount and all accrued interest thereon, together with any amounts constituting any Consequential Loss. Once reduced or terminated pursuant to this Section 2.04, the Revolver/Term Commitment may not be increased or reinstated. At such time as the Intercreditor Agreement becomes effective, each of the terms and provisions of Sections 2.04(b)(ii),(iii),(iv), (v), and (vi) shall be governed by the terms and provisions of the Intercreditor Agreement, and in the event of a conflict between this Section 2.04 and the Intercreditor Agreement, the terms and provisions of the Intercreditor Agreement shall control.
