Common use of REDUCTION OF AVAILABLE TERM COMMITMENT Clause in Contracts

REDUCTION OF AVAILABLE TERM COMMITMENT. If a Bank's relevant Available Term Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for a Term Advance and such reduction was not taken into account in calculating the relevant Available Term Facility, then the amount of that Term Advance shall be reduced accordingly.

Appears in 2 contracts

Samples: Senior Term Facility Agreement (United Surgical Partners International Inc), Senior Term Facility Agreement (United Surgical Partners International Inc)

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REDUCTION OF AVAILABLE TERM COMMITMENT. If a Bank's Lender’s relevant Available Term Commitment is reduced in accordance with the terms hereof at the option of the applicable Borrower after the Agent has received the Notice of Drawdown for a Term Advance and such reduction was not taken into account in calculating the relevant Available Term Facility, then the amount of that Term Advance shall be reduced accordingly.

Appears in 1 contract

Samples: Term Loan Agreement (Genesys Sa)

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REDUCTION OF AVAILABLE TERM COMMITMENT. If a BankLender's relevant Available Term Commitment is reduced in accordance with the terms hereof at the option of the Borrower after the Agent has received the Notice of Drawdown for a Term Advance and such reduction was not taken into account in calculating the relevant Available Term Facility, then the amount of that Term Advance shall be reduced accordingly. 4.

Appears in 1 contract

Samples: Term Facility Agreement (Genesys Sa)

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