Common use of REDUCTIONS OF AGGREGATE COMMITMENT Clause in Contracts

REDUCTIONS OF AGGREGATE COMMITMENT. If any reduction in the Aggregate Commitment occurs between the date of this Assignment Agreement and the Effective Date, the percentage of the Aggregate Commitment assigned to the Assignee shall remain the percentage specified in Section 1 hereof and the dollar amount of the Commitment of the Assignee shall be recalculated based on the reduced Aggregate Commitment.

Appears in 9 contracts

Samples: Credit Agreement (Aar Corp), 364 Day Credit Agreement (Servicemaster Co), Credit Agreement (Servicemaster Co)

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REDUCTIONS OF AGGREGATE COMMITMENT. If any reduction in the Aggregate Commitment occurs between the date of this Assignment Agreement and the Effective Date, the percentage Assignee's Percentage of the Aggregate Commitment assigned to the Assignee shall remain the percentage specified in Section 1 hereof and the dollar amount of the Assignee's Commitment of the Assignee shall be recalculated based on the reduced Aggregate Commitment.

Appears in 1 contract

Samples: Credit Agreement (Northern Border Partners Lp)

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