Common use of Mandatory Reduction of Commitments Clause in Contracts

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments of each Lender) shall terminate in its entirety on July 16, 2010, unless the Funding Date has occurred on or prior to such date.

Appears in 2 contracts

Samples: Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp)

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Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments of each Lender) shall terminate in its entirety on July 1631, 2010, unless the Funding Initial Borrowing Date has occurred on or prior to such date.

Appears in 2 contracts

Samples: Agreement Acknowledging Bridge Loan Agreement (CF Industries Holdings, Inc.), Bridge Loan Agreement (CF Industries Holdings, Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety on July 16November 23, 20102015, unless the Funding Closing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (STG Group, Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety at 5:00 p.m. on July 16August 21, 2010, 2010 unless the Funding Date has shall have occurred on or prior to such datetime.

Appears in 1 contract

Samples: Credit Agreement (Endeavour International Corp)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety on July 16October 30, 20102009, unless the Funding Effective Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Toys R Us Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety on July 16June 30, 2010, 2000 unless the Funding Effective Date has shall have occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Furniture Brands International Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment Commitments (and each of the Commitments of each Lender) shall terminate in its their entirety on July 16June 15, 20102004, unless the Funding Effective Date has shall have occurred on or prior to such date.

Appears in 1 contract

Samples: Credit                                                                         Agreement (Vanguard Health Systems Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments of each Lender) shall terminate in its entirety on July 16February 24, 20102008, unless the Funding Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Information Services Group Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment Commitments (and each of the Commitments of each Lender) shall terminate in its their entirety on July 16August 15, 20102001, unless the Funding Effective Date has shall have occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (VHS of Phoenix Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments of each Lender) shall terminate in its entirety on July 16, 2010, unless the Funding Effective Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Partnerre LTD)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments of each LenderBank) shall terminate in its entirety on July 1631, 2010, 2001 unless the Funding Restatement Effective Date has occurred on or prior to before such date.

Appears in 1 contract

Samples: Credit Agreement (Aearo Corp)

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Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments each Commitment of each Lender) shall terminate in its entirety on July 16June 30, 20102007, unless the Funding Restatement Effective Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Aleris International, Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment Commitments (and the Commitments of each Lender) shall terminate in its their entirety on July 16March 31, 20102016, unless the Funding Closing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Athena Spinco Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety on July 16May 31, 20102011, unless the Funding Restatement Effective Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Pyramid Communication Services, Inc.)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety on July 165, 20102007, unless the Funding Closing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Starwood Hotel & Resorts Worldwide Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety on July 16November 15, 20102013, unless the Funding Initial Borrowing Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Holdings Inc)

Mandatory Reduction of Commitments. (a) The Total Commitment (and the Commitments Commitment of each Lender) shall terminate in its entirety on July 16March 31, 20102011, unless the Funding Restatement Effective Date has occurred on or prior to such date.

Appears in 1 contract

Samples: Facility Agreement (Toys R Us Inc)

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