Common use of Reductions Clause in Contracts

Reductions. Any repayment of any Advance denominated in an Optional Currency shall reduce the amount of such Advance by the amount of such Optional Currency repaid and shall reduce the Sterling Amount of such Advance proportionately.

Appears in 11 contracts

Samples: Senior Facilities Agreement (VMWH LTD), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

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Reductions. Any repayment of any Advance denominated in an Optional Currency shall reduce the amount of such Advance by the amount of such Optional Currency repaid and shall reduce the Sterling Euro Amount of such Advance proportionately.

Appears in 7 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Acquisition Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (Corporate Express N.V.)

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Reductions. Any repayment of any an Advance denominated in an Optional Currency shall reduce the amount of such Advance by the amount of such Optional Currency repaid and shall reduce the Sterling Base Currency Amount of such Advance proportionately.

Appears in 1 contract

Samples: Syndicated Multi Currency Term Loan and Revolving Credit Facilities Agreement (Qiagen Nv)

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