Common use of Reduction of Credit Facility Clause in Contracts

Reduction of Credit Facility. Voluntary prepayments by the Borrower of the Advance under the Credit Facility shall permanently reduce the Facility Limit and the Facility Commitment, and such amounts cannot be re-borrowed.

Reduction of Credit Facility. Voluntary prepayments by the Borrower of the Advance under the Credit Facility shall permanently reduce the Facility Limit and the Facility Commitment, and such amounts cannot be re-borrowed.