Common use of Reduction of the Commitments Clause in Contracts

Reduction of the Commitments. (a) The Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date.

Appears in 7 contracts

Samples: Credit Agreement (Unisource Energy Corp), Credit Agreement (Tucson Electric Power Co), Credit Agreement (Sierra Pacific Resources /Nv/)

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Reduction of the Commitments. (a) The Commitments (i) shall be automatically and permanently terminated on the Revolving Credit Termination DateDate and (ii) shall be automatically reduced by any and all Excess Net Proceeds in accordance with Section 8.2 (d).

Appears in 6 contracts

Samples: Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.)

Reduction of the Commitments. (a) The Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date, subject to Section 2.01(b).

Appears in 2 contracts

Samples: Credit Agreement (Duquesne Light Holdings Inc), Credit Agreement (Duquesne Light Holdings Inc)

Reduction of the Commitments. (a) The Commitments Commitment shall be automatically and permanently terminated on the Revolving Credit Termination Date.. NY3 - 402471.08

Appears in 1 contract

Samples: Credit Agreement (Aquila Inc)

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Reduction of the Commitments. (a) The Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Aquila Inc)

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