Common use of Mandatory Repayments and Reductions of Commitments Clause in Contracts

Mandatory Repayments and Reductions of Commitments. (1) Each Revolving Credit Borrower shall repay (subject to Section 8.01) the Accommodations Outstanding made to such Borrower under the Revolving Credit Facility together with all interest, fees and other amounts owing in connection therewith on the Relevant Repayment Date and the Revolving Credit Commitments shall terminate on the Relevant Repayment Date.

Mandatory Repayments and Reductions of Commitments. (1) Each The Revolving Credit Borrower Borrowers shall repay (subject to Section 8.01) the Accommodations Outstanding made to such Borrower under the Revolving Credit Facility together with all interest, fees and other amounts owing in connection therewith on the Relevant Repayment Date and the Revolving Credit Commitments shall terminate on the Relevant Repayment Date.