Common use of Mandatory Reduction or Termination of Commitments Clause in Contracts

Mandatory Reduction or Termination of Commitments. (i) The Total Commitment shall be automatically and permanently reduced by an amount equal to the maximum amount that would be required to be applied as a mandatory prepayment of the Swing Line Loans and the Revolving Loans pursuant to Section 2.06(c)(iii) if the Effective Amount of such Loans was then equal to the amount of such Commitment (but without regard to the actual usage of such Commitment), such reduction to be effective on the date of the required prepayment.

Mandatory Reduction or Termination of Commitments. (i) The Total Revolving Loan Commitment shall be automatically and permanently reduced by an amount equal to the maximum amount that would be required to be applied as a mandatory prepayment of the Swing Line Loans and the Revolving Loans pursuant to Section 2.06(c)(iii2.07(c)(iii), (iv), (v) if the Effective Amount of such Loans was then equal to the amount of such Commitment or (but vi) (without regard to the actual usage of such Commitment), such reduction to be effective on the date of the required prepayment.

Mandatory Reduction or Termination of Commitments. (i) The Total Revolving Loan Commitment shall be automatically and permanently reduced by an amount equal to the maximum amount that would be required to be applied as a mandatory prepayment of the Swing Line Loans and the Revolving Loans pursuant to Section 2.06(c)(iii2.07(c)(iii) if the Effective Amount of such Loans was then equal to the amount of such Revolving Loan Commitment (but without regard to the actual usage of such Revolving Loan Commitment), such reduction to be effective on the date of the required prepayment.

Mandatory Reduction or Termination of Commitments. (i) The Total Commitment shall be automatically and permanently reduced by an amount equal to the maximum amount that would be required to be applied as a mandatory prepayment of the Revolving Loans and the Swing Line Loans and the Revolving Loans as applicable pursuant to Section 2.06(c)(iii2.06(c)(ii) if the Effective Amount of such and (iii) (whether or not any Revolving Loans was or Swing Line Loans shall then equal to the amount of such Commitment (but without regard to the actual usage of such Commitmentbe outstanding), such reduction to be effective on the date of the required prepayment.