Mandatory Revolving Credit Termination. If at any time Net Cash Proceeds or other amounts remain after the prepayment of the Term Loans in full pursuant to Section 1.9(b) hereof, the Revolving Credit Commitments shall ratably terminate by an amount equal to 100% of such excess; provided that the Revolving Credit Commitments shall not be reduced below $20,000,000 pursuant to this Section 1.13(b).
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Mandatory Revolving Credit Termination. If at any time Net Cash Proceeds or other amounts remain after the prepayment of the Term Loans in full pursuant to Section 1.9(b) hereof2.8(b)(i), (ii), (iii), or (iv), the Revolving Credit Commitments Commitment shall ratably terminate be reduced by an amount equal to 100% of such excess; provided that the Revolving Credit Commitments shall not be reduced below $20,000,000 pursuant to this Section 1.13(b).
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Samples: Credit Agreement (Twin Disc Inc)
Mandatory Revolving Credit Termination. If at any time Net Cash Proceeds or other amounts remain after the prepayment of the Delayed Draw Term Loans Loan in full pursuant to Section 1.9(b2.8(b)(iii), (iv), (v), (vi) or (vii) hereof, the Revolving Credit Commitments Commitment shall ratably terminate by an amount equal to 100% of such excess; provided that the Revolving Credit Commitments shall not be reduced below $20,000,000 pursuant to this Section 1.13(b).
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Mandatory Revolving Credit Termination. If at any time Net Cash Proceeds or other amounts remain after the prepayment of the Term Loans in full pursuant to Section 1.9(b) hereof, the Revolving Credit Commitments shall ratably terminate by an amount equal to 100% of such excess; provided that the Revolving Credit Commitments shall not be reduced below $20,000,000 pursuant to this Section 1.13(b1.13(c).
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