Common use of Decrease in Amounts Clause in Contracts

Decrease in Amounts. The amount of the Total Revolving Credit Commitment which shall be available to the Borrower shall be reduced by the aggregate amount of all Letter of Credit Outstandings and all outstanding Competitive Bid Loans.

Appears in 5 contracts

Samples: Credit Agreement (Autonation, Inc.), Credit Agreement (Autonation, Inc.), Letter Agreement (Autonation, Inc.)

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Decrease in Amounts. The amount of the Total Revolving Credit Commitment which shall be available to the Borrower shall be reduced by the aggregate amount of all Swing Line Outstandings, Letter of Credit Outstandings and all outstanding Competitive Bid Loans.

Appears in 3 contracts

Samples: Credit Agreement (Autonation, Inc.), Credit Agreement (Autonation, Inc.), Credit Agreement (Autonation, Inc.)

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Decrease in Amounts. The amount of the Total Revolving Credit Commitment which shall be available to the Borrower shall be reduced by the aggregate amount of all Letter Swing Line Outstandings, all Outstanding Letters of Credit Outstandings and all outstanding Competitive Bid Loans.

Appears in 2 contracts

Samples: Credit Agreement (Autonation Inc /Fl), Credit Agreement (Autonation Inc /Fl)

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