Reduction of Facility. If, with respect to any Extension Request, (i) the Required Lenders agree to such extension, (ii) there are any Declining Lenders and (iii) such Declining Lenders cannot be replaced pursuant to Section 2.3(e), then all outstanding principal, interest and other amounts payable to the Declining Lenders shall be repaid on the then current Final Termination Date and the Total Commitments will be automatically reduced by each such Declining Lender’s Commitment on the then current Final Termination Date applicable to such Declining Lender once such repayment has been made.
Reduction of Facility. (a) On the date falling eighteen months after the date of this Agreement and on each date falling at six monthly intervals thereafter, the Total Commitments will automatically be reduced by 5 per cent. of the aggregate of:
Reduction of Facility. The Total Commitments shall be reduced and/or repaid in accordance with the following provisions of this Clause 8.1 so that:
Reduction of Facility. The Tranche A Total Commitments and the Tranche B Total Commitments will reduce and be cancelled on 30 September 2005 and on the last day of each quarter thereafter until the Final Repayment Date (each date for such reduction of the Facilities being an "Instalment Date") by the amount (each such amount being a "Reduction Amount") set opposite the applicable Instalment Date below: Instalment Date Reduction Amount 30 September 2005 (euro)7,500,000 20 February 2006 (euro)22,500,000 31 March 2006 (euro)30,000,000 30 June 2006 (euro)30,000,000 30 September 2006 (euro)30,000,000 Final Repayment Date (euro)30,000,000 -------------------- (euro)150,000,000 --------------------
Reduction of Facility. The amount of the Revolving Credit Facility may be permanently reduced by the Borrowers from time to time, without premium or penalty, on not less than five Business Days' notice to the Administrative Agent, Ratably as to the Lenders' respective Commitments, in an amount equal to $5,000,000 or an integral multiple of $1,000,000 in excess thereof and the Revolving Credit Facility shall be automatically reduced to zero on the Termination Date.
Reduction of Facility. (2) each Lender will be required to make a payment under Clause 30.1 (Payments to the Agent) in respect of its participation in the new Loans only to the extent that its participation in the new Loans exceeds that Lender’s participation in the maturing Loan and the remainder of that Lender’s participation in the new Loans shall be treated as having been made available and applied by the Company in or towards repayment of that Lender’s participation in the maturing Loan.
Reduction of Facility. The Commitments under this Agreement shall reduce to zero on the Termination Date.
Reduction of Facility. 6.2 The Aggregate Commitments shall reduce to zero on the Final Maturity Date. Repayment of Loans Without prejudice to Clause 18 (Cash sweep and expenditure controls), on each date set out in the column marked “Date” in the table below, the Borrowers shall repay the Loans so that following such repayment, the aggregate amount of the Loans outstanding under the Facility does not exceed the amount set out in the column marked “Amount” in the table below. Date Amount 31 December 2009 $ 20,000,000 30 June 2010 $ 15,000,000 31 December 2010 $ 10,000,000 30 June 2011 $ 5,000,000 Final Maturity Date 0
Reduction of Facility. On the Reduction Date:
