MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC Sample Clauses

MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment (and the Commitment of each Lender) shall terminate on June 17, 1997, unless the Closing Date has occurred on or prior to such date. (b) The Total Commitment (and the Commitment of each Lender) shall terminate on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (c) The Total General Revolving Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of General Revolving Loans would be made pursuant to section 5.2 (d) if General Revolving Loans were then outstanding in the full amount of the Total General Revolving Commitment, in an amount at least equal to the required prepayment of principal of General Revolving Loans which would be required to be made in such circumstance. Any such reduction shall apply to proportionately and permanently reduce the General Revolving Commitment of each of the affected Lenders, and any partial reduction of the Total General Revolving Commitment pursuant to this section 4.3(c) shall be in the amount of at least $1,000,000 (or, if greater, in integral multiples of $1,000,000). The Borrower will provide at least three (or such lesser number as the Administrative Agent may permit in the exercise of reasonable discretion) Business Days' prior written notice (or telephonic notice confirmed in writing) to the Administrative Agent at its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), of any reduction of the Total General Revolving Commitment pursuant to this section 4.3(c), specifying the date and amount of the reduction.
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MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment and any obligation to issue Letters of Credit shall terminate (and the Commitment of each Lender shall terminate) on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (b) The Total Domestic Revolving Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of Domestic Revolving Loans would be made pursuant to section 5.2(d) or 5.2(f) if Domestic Revolving Loans were then outstanding in the full amount of the Total Domestic Revolving Commitment then in effect, in an amount equal to the required prepayment of principal of Domestic Revolving Loans which would be required to be made in such circumstance. Any such reduction shall apply to proportionately and permanently reduce the Domestic Revolving Commitment of each of the Domestic Facility Lenders. The Borrowers will provide at least three Business Daysprior written notice (or telephonic notice confirmed in writing) to the Domestic Administrative Agent at its Notice Office (which notice the Domestic Administrative Agent shall promptly transmit to each of the Domestic Facility Lenders), of any reduction of the Total Domestic Revolving Commitment pursuant to this section 4.2(b), specifying the date and amount of the reduction. (c) The Total Canadian Revolving Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of Canadian Revolving Loans would be made pursuant to section 5.2(d) or 5.2(f) if Canadian Revolving Loans were then outstanding in the full amount of the Total Canadian Revolving Commitment then in effect, in an amount equal to the required prepayment of principal of Canadian Revolving Loans which would be required to be made in such circumstance. Any such reduction shall apply to proportionately and permanently reduce the Canadian Revolving Commitment of each of the Canadian Facility Lenders. The Borrowers will provide at least three Business Days’ prior written notice (or telephonic notice confirmed in writing) to the Canadian Administrative Agent at its Notice Office (which notice the Canadian Administrative Agent shall promptly transmit to each of the Canadian Facility Lenders), of any reduction of the Total Canadian Revolving Commitment pursuant to this section 4.2(c), specifying the date and amount of the reduction.
MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment (and the Commitment of each Lender) shall terminate on September 30, 1999, unless the Closing Date has occurred on or prior to such date. (b) The Total Commitment shall terminate (and the Commitment of each Lender shall terminate) on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (c) The Total General Revolving Commitment shall be permanently reduced, without premium or penalty (other than any breakage compensation pursuant to section 2.11, if any), at any time that a mandatory prepayment of General Revolving Loans would be required to be made pursuant to section 5.2(d) (i) or (ii). Any such reduction shall be in the amount of the prepayment that would be required to be made pursuant to section 5.2(d) (i) or (ii), as applicable, and shall be applied to proportionately and permanently reduce the General Revolving Commitment of each of the Lenders. The Borrower shall provide at least three Business Days' prior written notice (or telephonic notice confirmed in writing) to the Administrative Agent at its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders) of any reduction of the Total General Revolving Commitment pursuant to this section 4.2(c), specifying the date and amount of the reduction. (d) So long as no Default or Event of Default shall exist or immediately thereafter begin to exist, on the first day of each Commitment Increase Period and thereafter until and including the last day of such Commitment Increase Period, the General Revolving Commitment of each Lender shall automatically be increased, without notice by the Administrative Agent to the Borrower or any Lender, to the amount set forth opposite such Lender's name in Annex I as its "General Revolving Commitment during any Commitment Increase Period". On the last day of any such Commitment Increase Period, the General Revolving Commitment of each Lender shall automatically be decreased, without notice by the Administrative Agent to the Borrower or any Lender, to the amount set forth opposite such Lender's name in Annex I as its "General Revolving Commitment other than during any Commitment Increase Period". In connection with any such reduction of the General Revolving Commitment of any Lender, the Borrower shall make a prepayment of General Revolving Loans in accordance with section 5.2(a) and shall pay to any Lender any breakage compensation due to such Lender pursuant to sectio...
MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment shall terminate (and the Commitment of each Lender shall terminate) on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (b) The Total Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of Loans would be made pursuant to section 5.2(b), 5.2(d), 5.2(e) and 5.2(f) if Loans are then outstanding in an amount equal to the required prepayment of principal of Loans which would be required to be made in such circumstance. Any such reduction shall apply to proportionately and permanently reduce the Commitment of each of the Lenders. The Borrower will provide at least three Business Days' prior written notice (or telephonic notice confirmed in writing) to the Administrative Agent at its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), of any reduction of the Total Commitment pursuant to this section 4.3(c), specifying the date and amount of the reduction.
MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment shall terminate (and the Commitment of each Lender shall terminate) on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (b) The Total General Revolving Commitment shall be permanently reduced, without premium or penalty (other than any breakage compensation pursuant to section 2.11, if any), at any time that a mandatory prepayment of General Revolving Loans would be required to be made pursuant to section 5.2(d) (i) or (ii). Any such reduction shall be in the amount of the prepayment that would be required to be made pursuant to section 5.2(d) (i) or (ii), as applicable, and shall be applied to proportionately and permanently reduce the General Revolving Commitment of each of the Lenders. The
MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Commitment shall terminate on the Maturity Date. (b) The Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of General Revolving Loans would be made pursuant to section 4.2(b), (c), (d) or (e) if General Revolving Loans were then outstanding in the full amount of the Commitment then in effect, in an amount equal to the required prepayment of principal of General Revolving Loans which would be required to be made in such circumstance. Any such reduction shall apply to permanently reduce the Commitment. The Borrower will provide at least three Business Days' prior written notice (or telephonic notice confirmed in writing) to the Lender at its Notice Office of any reduction of the Commitment pursuant to this section 3.3(b), specifying the date and amount of the reduction.
MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment (and the Commitment of each Lender) shall terminate on February 15, 1998, unless the Closing Date has occurred on or prior to such date. (b) The Total Commitment shall terminate (and the Commitment of each Lender shall terminate) on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (c) The Total Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of Loans would be made pursuant to section 5.2(b) if Loans were then outstanding in the full amount of the Total Commitment then in effect, in an amount equal to the required prepayment of principal of Loans which would be required to be made in such circumstance. Any such reduction shall apply to proportionately and permanently reduce the Commitment of each of the Lenders. The Borrower will provide at least three Business Days' prior written notice (or telephonic notice confirmed in writing) to the Administrative Agent at its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), of any reduction of the Total Commitment pursuant to this section 4.3(c), specifying the date and amount of the reduction.
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MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment and any obligation to issue Letters of Credit shall terminate (and the Commitment of each Lender shall terminate) on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (b) The Total General Revolving Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of General Revolving Loans would be made pursuant to section 5.2
MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment (and the Commitment of each Lender) shall terminate on June 15, 1998, unless the Closing Date has occurred on or prior to such date. (b) The Total Commitment shall terminate (and the Commitment of each Lender shall terminate) on the earlier of (x) the Maturity Date and (y) the date on which a Change of Control occurs. (c) The Total Commitment shall be permanently reduced, without premium or penalty, at the time that any mandatory prepayment of Loans would be made pursuant to section 5.2(b) or (c) if Loans were then outstanding in the full amount of the Total Commitment then in effect, in an amount equal to the required prepayment of principal of Loans which would be required to be made in such circumstance. Any such reduction shall apply to proportionately and permanently reduce the Commitment of each of the Lenders. The Borrower will provide at least three Business Days' prior written notice (or
MANDATORY TERMINATION/ADJUSTMENTS OF COMMITMENTS, ETC. (a) The Total Commitment (and the Commitment of each Lender) shall terminate on June 15, 1999, unless the Closing Date has occurred on or prior to such date. (b) The Total Commitment shall terminate (and the Commitment of each Lender shall terminate) on the date on which a Change of Control occurs.
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