Common use of Commitment Reductions Clause in Contracts

Commitment Reductions. Any reduction of the Revolving Loan Commitments required or permitted hereunder shall reduce the Revolving Loan Commitment of each Lender having a Revolving Loan Commitment on a pro rata basis based on the Commitment Ratio of such Lender for the Revolving Loan Commitment.

Appears in 11 contracts

Samples: Revolving Credit Agreement (American Tower Corp /Ma/), Agreement (American Tower Corp /Ma/), Assignment and Assumption (American Tower Corp /Ma/)

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Commitment Reductions. Any reduction of the Revolving Loan Commitments required or permitted hereunder shall reduce reduce, as applicable, the Revolving Loan Commitment of each Lender having such a Revolving Loan Commitment commitment on a pro rata basis based on the Commitment Ratio of such Lender for the Revolving Loan Commitmentsuch commitment.

Appears in 3 contracts

Samples: Loan Agreement (Rural Cellular Corp), Loan Agreement (Rural Cellular Corp), Security Agreement (Rural Cellular Corp)

Commitment Reductions. Any reduction of the Revolving Loan --------------------- Commitments or Term Loan A Commitments required or permitted hereunder shall reduce reduce, as applicable, the Revolving Loan Commitment and Term Loan A Commitment of each Lender having such a Revolving Loan Commitment commitment on a pro rata basis based on the Commitment Ratio of such Lender for the Revolving Loan Commitmentsuch commitment.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

Commitment Reductions. Any reduction of the Revolving Loan Commitments required or permitted hereunder shall reduce the Revolving Loan Commitment of each Lender having a Revolving Loan Commitment on a pro rata basis based on the Commitment Ratio of such Lender for the such Revolving Loan Commitment.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

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Commitment Reductions. Any reduction of the Revolving Loan Commitments required or permitted hereunder shall reduce the Revolving Loan Commitment of each Lender having such a Revolving Loan Commitment commitment on a pro rata basis based on the Commitment Ratio of such Lender for the Revolving Loan Commitmentsuch commitment.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

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