REDUCTIONS OF LETTER OF CREDIT COMMITMENT. The Letter of Credit Commitment shall not be reduced until such time as the Aggregate Tranche A Commitments shall equal such Letter of Credit Commitment, and thereafter shall in each case be reduced, automatically, by a sum equal to the amount of each such reduction in the Aggregate Tranche A Commitments.
Appears in 3 contracts
Samples: Credit Agreement (Arch Wireless Inc), Credit Agreement (Arch Communications Group Inc /De/), Credit Agreement (Arch Communications Group Inc /De/)
REDUCTIONS OF LETTER OF CREDIT COMMITMENT. The Letter of Credit Commitment shall not be reduced until such time as the Aggregate Tranche A Commitments Revolving Commitment shall equal such Letter of Credit Commitment, and thereafter shall in each case be reduced, automatically, by a sum equal to the amount of each such reduction in the Aggregate Tranche A CommitmentsRevolving Commitment.
Appears in 1 contract
REDUCTIONS OF LETTER OF CREDIT COMMITMENT. The Letter of Credit Commitment shall not be reduced until such time as the Aggregate Tranche A Revolving Commitments shall equal such Letter of Credit Commitment, and thereafter shall in each case be reduced, automatically, by a sum equal to the amount of each such reduction in the Aggregate Tranche A Revolving Commitments.
Appears in 1 contract
Samples: Credit and Guarantee Agreement (SFX Entertainment Inc)
