Mandatory Reduction or Termination of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment (and the US A Term Loan Commitment of each Lender) with respect to the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian A Term Loan Commitment of each Lender) shall terminate in their entirety on the Effective Date (after the incurrence of the respective Tranches of Term Loans on such date). (b) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j). (c) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i)(A) the Total Revolving Loan Commitment (other than Extended Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(A) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan Commitments. (d) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Revolving Loan Commitment and the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j). (e) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Samples: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)
Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the A Term Loan Commitment, the B Term Loan Commitment and the Revolving Loan Commitment of each Bank) shall terminate in their entirety on August 31, 1997 unless the Initial Borrowing Date has occurred on or prior to such date.
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment and the Total B Term Loan Commitment (and the US A Term Loan Commitment and the B Term Loan Commitment of each Lender) with respect to the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian A Term Loan Commitment of each LenderBank) shall terminate in their entirety on the Effective Initial Borrowing Date (after the incurrence of the respective Tranches of Term Loans on such date).
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j).
(c) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i)(A) the Total Revolving Loan Commitment (other than Extended and the Revolving Loan CommitmentsCommitment of each Bank) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(A) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan CommitmentsDate.
(d) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, on each date after the Initial Borrowing Date upon which a mandatory repayment of Term Loans pursuant to Section 4.02(d), (e), (f), (g), (h) or (i) is required (and exceeds in amount the aggregate principal amount of Term Loans then outstanding) or would be required if Term Loans were then outstanding, the Total Revolving Loan Commitment and the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to on such date by the extent amount, if any, by which the amount of such required by Section 5.02(j)repayment (determined as if an unlimited amount of Term Loans were actually outstanding) exceeds the aggregate principal amount of Term Loans then outstanding.
(e) Each reduction toIn addition to any other mandatory commitment reductions pursuant to this Section 3.03, (i) on the date on which Silgan Plastics Canada and/or termination ofCanadian Holdco enter into the Canadian Credit Facility, the Total Revolving Loan Commitment shall be permanently reduced by an amount equal to the Dollar equivalent of the amount of the revolving credit facility thereunder on such date and (ii) on each date thereafter on which such revolving credit facility is increased, the Total Revolving Loan Commitment shall be permanently reduced by an amount equal to the Dollar equivalent of such increase.
(f) In addition to any other mandatory commitment reductions pursuant to this Section 4.03 shall be applied proportionately to permanently reduce3.03, and/or terminate(i) on the date on which Silgan or any of its Subsidiaries enters into the Accounts Receivable Facility, the Total Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction reduced by an amount equal to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the US A Term Loan Commitment, the Canadian A Term Loan Commitment, the Euro A Term Loan Commitment, the Revolving Loan Commitment and the Canadian Revolving Loan Commitment of each Lender) shall terminate in their entirety on August 15, 2011 unless the Initial Borrowing Date has occurred on or prior to such date.
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment, the Total Canadian A Term Loan Commitment and the Total Euro A Term Loan Commitment (and the US A Term Loan Commitment of each Lender) with respect to Commitment, the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian Euro A Term Loan Commitment of each Lender) shall terminate in their entirety on the Effective Initial Borrowing Date (after the incurrence of the respective Tranches of Term Loans on such date).
(bc) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced (x) on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j4.02(j).
(cd) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i)(Ai)(x) the Total Revolving Loan Commitment (other than Extended Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (By) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(Aii)(x) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (By) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan Commitments.
(de) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Revolving Loan Commitment and the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j4.02(j).
(ef) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j4.02(j) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Mandatory Reduction or Termination of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment (and the US A A-1 Term Loan Commitment of each Lender) with respect to the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian A US A-2 Term Loan Commitment of each Lender) shall terminate in their its entirety on the Third Amendment Effective Date (after the incurrence of the respective Tranches of Term Loans on such date).
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j).
(c) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i)(Ai) the Total Revolving Loan Commitment (other than Extended Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (Bii) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(A) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan Commitments.
(d) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Revolving Loan Commitment and the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j).
(e) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Mandatory Reduction or Termination of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment (and the US A Term Loan Commitment of each Lender) with respect to the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian A Term Loan Commitment of each Lender) shall terminate in their entirety on the Effective Date (after the incurrence of the respective Tranches of Term Loans on such date).
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j).
(c) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i)(A) the Total Revolving Loan Commitment (other than Extended Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(A) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan Commitments.
(d) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Revolving Loan Commitment and the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j).
(e) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the US A Term Loan Commitment, the Canadian A Term Loan Commitment, the Euro A Term Loan Commitment, the Revolving Loan Commitment and the Canadian Revolving Loan Commitment of each Lender) shall terminate in their entirety on July 31, 2010 unless the Initial Borrowing Date has occurred on or prior to such date.
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment, the Total Canadian A Term Loan Commitment and the Total Euro A Term Loan Commitment (and the US A Term Loan Commitment of each Lender) with respect to Commitment, the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian Euro A Term Loan Commitment of each Lender) shall terminate in their entirety on the Effective Initial Borrowing Date (after the incurrence of the respective Tranches of Term Loans on such date).
(bc) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced (x) on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j4.02(j).
(cd) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i)(Ax) the Total Revolving Loan Commitment (other than Extended and the Revolving Loan CommitmentsCommitment of each Revolving Lender) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(Ay) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan CommitmentsDate.
(de) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Revolving Loan Commitment and the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j4.02(j).
(ef) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j4.02(j) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Mandatory Reduction or Termination of Commitments. (a) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment (and the US A A-1 Term Loan Commitment and US A-2 Term Loan Commitment of each Lender) with respect to the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian A Term Loan Commitment of each Lender) shall terminate in their entirety on the theThird Amendment Effective Date (after the incurrence of the respective Tranches of Term Loans on such date).
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j).
(c) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i)(A) the Total Revolving Loan Commitment (other than Extended Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (BBii) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(A) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan Commitments.
(d) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, the Total Revolving Loan Commitment and the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j).
(e) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the A Term Loan Commitment, the B Term Loan Commitment and the Revolving Loan Commitment of each Lender) shall terminate in their entirety on July 31, 2005 unless the Initial Borrowing Date has occurred on or prior to such date.
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment and the Total B Term Loan Commitment (and the US A Term Loan Commitment of each Lender) with respect to the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian A B Term Loan Commitment of each Lender) shall terminate in their entirety on the Effective Initial Borrowing Date (after the incurrence of the respective Tranches of Term Loans on such date).
(bc) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced (x) on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j4.02(k).
(c) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i)(A) the Total Revolving Loan Commitment (other than Extended Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(A) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan Commitments.
(d) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on the Revolving Loan Maturity Date.
(e) In addition to any other mandatory commitment reductions pursuant to this Section 3.03, the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j4.02(k).
(ef) In addition to any other mandatory commitment reductions pursuant to this Section 3.03, (i) on the date on which Silgan or any of its Subsidiaries enters into the Accounts Receivable Facility, the Total Revolving Loan Commitment shall be permanently reduced by an amount equal to 75% of the commitment amount in respect of the revolving facility component of the Accounts Receivable Facility and (ii) on each date thereafter on which the commitment amount of such revolving facility component is increased, the Total Revolving Loan Commitment shall be permanently reduced on each such date by an amount equal to 75% of the amount of such increase.
(g) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving Lender. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j4.02(k) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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Mandatory Reduction or Termination of Commitments. (a) The Total Commitment (and the A Term Loan Commitment, the B Term Loan Commitment and the Revolving Loan Commitment of each Lender) shall terminate in their entirety on June 30, 2002 unless the Initial Borrowing Date has occurred on or prior to such date.
(b) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, (i) the remaining unfunded portion of Total US A Term Loan Commitment and the Total B Term Loan Commitment (and the US A Term Loan Commitment of each Lender) with respect to the Delayed Draw Term Loan shall terminate in its entirety on the Delayed Draw Funding Deadline and (ii) the Total Canadian A Term Loan Commitment (and the Canadian A B Term Loan Commitment of each Lender) shall terminate in their entirety on the Effective Initial Borrowing Date (after the incurrence of the respective Tranches of Term Loans on such date).
(bc) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Incremental Term Loan Commitment under a given Tranche shall (i) be permanently reduced (x) on each Incremental Term Loan Borrowing Date in respect of such Tranche in an amount equal to the aggregate principal amount of Incremental Term Loans of such Tranche incurred on each such date, (ii) terminate in its entirety (to the extent not theretofore terminated) on the Incremental Term Loan Commitment Termination Date for such Tranche of Incremental Term Loans (after giving effect to any Incremental Term Loans of such Tranche to be made on such date) and (iii) prior to the termination of the Total Incremental Term Loan Commitment in respect of such Tranche, be permanently reduced from time to time to the extent required by Section 5.02(j4.02(k).
(c) In addition to any other mandatory commitment reductions pursuant to this Section 4.03, (i)(A) the Total Revolving Loan Commitment (other than Extended Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Maturity Date applicable to any Extended Revolving Loan Commitments and (ii)(A) the Total Canadian Revolving Loan Commitment (and the Canadian Revolving Loan Commitment of each Canadian Revolving Lender) (other than Extended Canadian Revolving Loan Commitments) shall terminate in its entirety on the Initial Revolving Loan Maturity Date and (B) the Total Canadian Revolving Loan Commitment remaining in effect after the Initial Revolving Loan Maturity Date shall terminate in its entirety upon the Revolving Loan Maturity Date applicable to any Extended Canadian Revolving Loan Commitments.
(d) In addition to any other mandatory commitment reductions pursuant to this Section 4.033.03, the Total Revolving Loan Commitment (and the Revolving Loan Commitment of each Lender) shall terminate in its entirety on the Revolving Loan Maturity Date.
(e) In addition to any other mandatory commitment reductions pursuant to this Section 3.03, the Total Canadian Revolving Loan Commitment shall be permanently reduced from time to time to the extent required by Section 5.02(j4.02(k).
(ef) In addition to any other mandatory commitment reductions pursuant to this Section 3.03, (i) on the date on which Silgan or any of its Subsidiaries enters into the Accounts Receivable Facility, the Total Revolving Loan Commitment shall be permanently reduced by an amount equal to 75% of the commitment amount in respect of the revolving facility component of the Accounts Receivable Facility and (ii) on each date thereafter on which the commitment amount of such revolving facility component is increased, the Total Revolving Loan Commitment shall be permanently reduced on each such date by an amount equal to 75% of the amount of such increase.
(g) Each reduction to, and/or termination of, the Total Revolving Loan Commitment pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Revolving Loan Commitment of each Revolving Lender. Each reduction to, and/or termination of, the Total Canadian Revolving Loan Commitment pursuant to this Section 4.03 shall be applied proportionately to permanently reduce, and/or terminate, the Canadian Revolving Commitment of each Canadian Revolving LenderLender with such a Commitment. Each reduction to, and/or termination of, the Total Incremental Term Loan Commitment under a given Tranche pursuant to this Section 4.03 3.03 shall be applied proportionately to permanently reduce, and/or terminate, the Incremental Term Loan Commitment of each Lender with such a Commitment under such Tranche; provided, however, any mandatory reduction to the Incremental Term Loan Commitments pursuant to Section 5.02(j4.02(k) shall be applied to proportionately and permanently reduce the Incremental Term Loan Commitments of all Lenders for all Tranches on a pro rata basis (based on the then remaining amounts of such Incremental Term Loan Commitments).
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