Common use of Mandatory Reduction of Commitments Clause in Contracts

Mandatory Reduction of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 3.05 or any other Section of this Agreement, the Total Commitment (and the Commitment of each Lender) shall terminate in its entirety on the Commitment Termination Date.

Appears in 22 contracts

Samples: Fourth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Supplemental Agreement (NCL CORP Ltd.), Fourth Supplemental Agreement (NCL CORP Ltd.)

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Mandatory Reduction of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 3.05 3.03 or any other Section of this Agreement, the Total Commitment (and the Commitment of each Lender) shall terminate in its entirety on the Commitment Termination Date.

Appears in 16 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (NCL CORP Ltd.)

Mandatory Reduction of Commitments. (a) In a)In addition to any other mandatory commitment reductions pursuant to this Section 3.05 or any other Section of this Agreement, the Total Commitment Commitments (and the Commitment of each Lender) shall terminate in its entirety on the Commitment Termination Date.

Appears in 3 contracts

Samples: Sixth Supplemental Agreement (NCL CORP Ltd.), Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Mandatory Reduction of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 3.05 or any other Section of this Agreement3.03, the Total Commitment (and the Commitment of each Lender) shall terminate in its entirety on the Commitment Termination Maturity Date.

Appears in 3 contracts

Samples: Management Agreement (Pacific Drilling S.A.), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

Mandatory Reduction of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 3.05 or any other Section of this Agreement, the Total Commitment Commitments (and the Commitment of each Lender) shall terminate in its entirety on the Commitment Termination Date.

Appears in 3 contracts

Samples: Fourth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Second Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Third Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

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Mandatory Reduction of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 3.05 or any other Section of this Agreement3.03, the Total Commitment (and the Commitment of each Lender) shall terminate in its entirety on the relevant Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Scorpio Bulkers Inc.)

Mandatory Reduction of Commitments. (ab) In addition to any other mandatory commitment reductions pursuant to this Section 3.05 or any other Section of this Agreement, the Total Commitment (and the Commitment of each Lender) shall terminate in its entirety on the Commitment Termination Date.

Appears in 1 contract

Samples: Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

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