Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 18 contracts
Samples: Credit Agreement (Post Holdings, Inc.), Credit Agreement (Post Holdings, Inc.), Credit Agreement (Del Taco Restaurants, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 13 contracts
Samples: Credit Agreement (Digital Turbine, Inc.), Credit Agreement (Ligand Pharmaceuticals Inc), Credit Agreement (Digital Turbine, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility Aggregate Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 8 contracts
Samples: Credit Agreement (Quidel Corp /De/), Credit Agreement (Quidel Corp /De/), Security Agreement (Quidel Corp /De/)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Aggregate Revolving Credit Facility Commitments at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 8 contracts
Samples: Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Bandwidth Inc.), Credit Agreement (Hecla Mining Co/De/)
Mandatory. (i) If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility Amount at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 8 contracts
Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)
Mandatory. If If, after giving effect to any reduction or termination of the Revolving Credit Commitments under this Section 2.06Commitments, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the Revolving Credit Facility at Facility, such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 6 contracts
Samples: Credit Agreement (Pebblebrook Hotel Trust), Credit Agreement (Pebblebrook Hotel Trust), Credit Agreement (Armada Hoffler Properties, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit unused Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility amount of the Aggregate Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 5 contracts
Samples: Credit Agreement (At Home Group Inc.), Credit Agreement (At Home Group Inc.), Credit Agreement (At Home Group Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 5 contracts
Samples: Credit Agreement (Chase Corp), Credit Agreement (NV5 Global, Inc.), Credit Agreement (U S Physical Therapy Inc /Nv)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.. (c)
Appears in 5 contracts
Samples: Credit Agreement (Tutor Perini Corp), Credit Agreement (Tutor Perini Corp), Credit Agreement (Tutor Perini Corp)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Swing Line Sublimit or the Letter of Credit Sublimit or Sublimit, as the Swing Line Sublimit case may be, exceeds the Revolving Credit Facility at such time, the Swing Line Sublimit or the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 4 contracts
Samples: Credit Agreement (Carriage Services Inc), Credit Agreement, Credit Agreement (Carriage Services Inc)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit Sublimit, the Alternative Currency Sublimit, or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit Sublimit, the Alternative Currency Sublimit, or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 3 contracts
Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.062.06(a), the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 3 contracts
Samples: Credit Agreement (Cavco Industries Inc.), Credit Agreement (Comscore, Inc.), Credit Agreement (Comscore, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.062.04, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 3 contracts
Samples: Pledge Agreement (Ciena Corp), Abl Credit Agreement (Ciena Corp), Abl Credit Agreement
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 3 contracts
Samples: Credit Agreement (Tandem Diabetes Care Inc), Credit Agreement (Biomarin Pharmaceutical Inc), Credit Agreement (Biomarin Pharmaceutical Inc)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit the Aggregate Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility Aggregate Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 3 contracts
Samples: Credit Agreement (USD Partners LP), Credit Agreement (USD Partners LP), Security Agreement (USD Partners LP)
Mandatory. If after giving effect to any reduction or termination of unused Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the aggregate Revolving Credit Facility at Commitments, such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, sublimit shall be automatically reduced by the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (AdvanSix Inc.), Credit Agreement (AdvanSix Inc.)
Mandatory. If If, after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Loan Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Loan Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (Apria Healthcare Group Inc), Credit Agreement (Ahny-Iv LLC)
Mandatory. (i) If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 2 contracts
Samples: Security Agreement (American Renal Associates LLC), Credit Agreement (American Renal Associates LLC)
Mandatory. If after giving effect to any reduction or termination of unused Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the Aggregate Revolving Credit Facility Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (At Home Group Inc.), Credit Agreement (At Home Group Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, Sublimit shall be automatically reduced by the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.. (c)
Appears in 2 contracts
Samples: Credit Agreement (Encore Wire Corp), Credit Agreement (Encore Wire Corp)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility Aggregate Commitments at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Commvault Systems Inc), Credit Agreement (Spectrum Pharmaceuticals Inc)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.062.06(a), the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility Aggregate Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.), Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.062.05, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility Aggregate Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.. 87 US-DOCS\117476656.1136335661.3
Appears in 1 contract
Samples: Credit Agreement (Tutor Perini Corp)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excessexcess (the “Reduction Amount”).
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments Facility under this Section 2.062.06(a), the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility Line Cap at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. (i) If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of unused Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at amount of the Aggregate Commitments, such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.062.6, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of the Revolving Credit Commitments Facility under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.. 50
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of the Revolving Credit Commitments Facility under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit Sublimit, or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.. (c)
Appears in 1 contract
Samples: Execution Copy Credit Agreement (Babcock & Wilcox Enterprises, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit, the Swing Line Sublimit or the Swing Line Multicurrency Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit, the Swing Line Sublimit or the Swing Line Multicurrency Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit the Aggregate Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility Aggregate Commitments at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of the Revolving Credit Commitments Facility under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Samples: Credit Agreement (GENTHERM Inc)
Mandatory. (i) If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility amount of the Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, and Swingline Sublimit shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Samples: Abl Credit Agreement (V2X, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility Amount at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess. Once any Borrowing is made under the Term Facility, any remaining unutilized Term Commitments shall automatically terminate.
Appears in 1 contract
Samples: Credit Agreement (Genpact LTD)
Mandatory. If after giving effect to any reduction or termination of the Revolving Credit Commitments Facility under this Section 2.06, the Letter of Credit Sublimit, the Alternative Currency Sublimit or the Swing Line Swingline Sublimit exceeds the Aggregate Revolving Credit Facility Commitments at such time, the Letter of Credit Sublimit, the Alternative Currency Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If If, after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Loan Sublimit exceeds the aggregate amount of the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Loan Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Samples: Credit Agreement (DJO Finance LLC)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.062.06(a), the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Samples: Credit Agreement (Enfusion, Inc.)
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.. (c)
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.062.06(a), the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility aggregate amount of the Lender’s Commitments at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit, the Swing Line Sublimit or the Swing Line Multicurrency Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit Sublimit, or the Swing Line Sublimit or the Multicurrency Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Total Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Total Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments any unused Commitment under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Mandatory. If after giving effect to any reduction or termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit CHAR1\1759258v10 exceeds the Aggregate Revolving Credit Facility Commitments at such time, the Letter of Credit Sublimit or the Swing Line Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Appears in 1 contract
Samples: Credit Agreement (KnowBe4, Inc.)