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 2.8(b)(i), (ii), (iii), or (iv), the Revolving Credit Commitment shall be reduced by an amount equal to 100% of such excess.
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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 Term Loans in full pursuant to Section 2.8(b)(i), (ii), (iii), or (iv)1.9(b) hereof, the Revolving Credit Commitment Commitments shall be reduced 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(c).
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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 2.8(b)(i2.8(b)(iii), (iiiv), (iiiv), (vi) or (iv)vii) hereof, the Revolving Credit Commitment shall be reduced ratably terminate by an amount equal to 100% of such excess.
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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 2.8(b)(i), (ii), (iii), or (iv)1.9(b) hereof, the Revolving Credit Commitment Commitments shall be reduced 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 Excess Cash Flow remain after the prepayment of the Term Loans in full pursuant to Section 2.8(b)(i), (ii), (iii), or (iv)1.9(b) hereof, the Revolving Credit Commitment Commitments shall be reduced ratably terminate by an amount equal to 100% of such excessexcess proceeds.
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Samples: Credit Agreement (Penford Corp)
Mandatory Revolving Credit Termination. If at any time Net Cash Proceeds or other amounts Excess Cash Flow remain after the prepayment of the Term Loans and Capital Expansion Loans in full pursuant to Section 2.8(b)(i), (ii), (iii), or (iv)1.9(b) hereof, the Revolving Credit Commitment Commitments shall be reduced ratably terminate by an amount equal to 100% of such excessexcess proceeds.
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Samples: Credit Agreement (Penford Corp)