Common use of Pro Rata Reduction Clause in Contracts

Pro Rata Reduction. Each reduction to the Total Revolving Credit Commitment pursuant to this Section 2.8 shall be applied proportionately to reduce the Revolving Credit Commitment of each Bank.

Appears in 4 contracts

Samples: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

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Pro Rata Reduction. Each reduction to the Total Revolving Credit Commitment pursuant to this Section 2.8 shall be applied proportionately to reduce the Revolving Credit Commitment of each Bank. Section 2.9.

Appears in 3 contracts

Samples: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

Pro Rata Reduction. Each reduction to the Total Revolving Credit Commitment or Term Loan Commitments, as applicable, pursuant to this Section 2.8 shall be applied proportionately to reduce the Revolving Credit Commitment or Term Loan Commitment, as applicable of each Bank.

Appears in 1 contract

Samples: Credit Agreement (Bread Financial Holdings, Inc.)

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Pro Rata Reduction. Each reduction to the Total Revolving Credit Commitment pursuant to this Section 2.8 shall be applied proportionately to reduce the Revolving Credit Commitment of each Bank.

Appears in 1 contract

Samples: Credit Agreement (Alliance Data Systems Corp)

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