Common use of Mandatory Prepayment Due to Reductions of Commitments Clause in Contracts

Mandatory Prepayment Due to Reductions of Commitments. The Borrower shall from time to time prepay the A Advances made to the Borrower to the extent necessary so that the sum of the aggregate principal amount of the Advances then outstanding does not exceed the aggregate amount of the Commitments of the Lenders then in effect (computed without regard to any B Reduction).

Appears in 5 contracts

Samples: Credit Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp)

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Mandatory Prepayment Due to Reductions of Commitments. The Each Borrower shall from time to time prepay the A Advances made to the such Borrower to the extent necessary so that the sum of the aggregate principal amount of the Advances then outstanding does not exceed the aggregate amount of the Commitments of the Lenders then in effect (computed without regard to any B Reduction).

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

Mandatory Prepayment Due to Reductions of Commitments. The Borrower shall from time to time prepay the A Advances made to the Borrower to the extent necessary so that the sum of the aggregate principal amount of the Advances then outstanding does not exceed the aggregate amount of the Commitments of all of the Lenders then in effect (computed without regard to any B Reduction)effect.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

Mandatory Prepayment Due to Reductions of Commitments. The Each ----------------------------------------------------- Borrower shall from time to time prepay the A Advances made to the such Borrower to the extent necessary so that the sum of the aggregate principal amount of the Advances then outstanding does not exceed the aggregate amount of the Commitments of the Lenders then in effect (computed without regard to any B Reduction).

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

Mandatory Prepayment Due to Reductions of Commitments. The Each Borrower shall from time to time prepay the A Advances made to the such Borrower or repay Commercial Paper issued by such Borrower, in each case to the extent necessary so that the sum of the aggregate principal amount of the Advances and the aggregate principal amount of Commercial Paper then outstanding does not exceed the aggregate amount of the Commitments of the Lenders then in effect (computed without regard to any CP Reduction or B Reduction).

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

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Mandatory Prepayment Due to Reductions of Commitments. The Borrower Borrowers shall from time to time prepay the A Advances made to the Borrower under any Facility to the extent necessary so that the sum of the aggregate principal amount of the Advances under such Facility then outstanding does not exceed the aggregate amount of the Commitments of all of the Appropriate Lenders under such Facility then in effect (computed without regard to any B Reduction)effect.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

Mandatory Prepayment Due to Reductions of Commitments. The Each Borrower shall from time to time prepay the A Advances made to the such Borrower to the extent necessary so that the sum of the aggregate principal amount of the Advances then outstanding does not exceed the aggregate amount of the Commitments of the Lenders then in effect (computed without regard to any B Reduction).

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

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