Scheduled Reduction Date Sample Clauses

Scheduled Reduction Date. The unpaid principal amount of the Obligations with respect to Temporary Increase Loans that are outstanding on the Scheduled Reduction Date, together with all accrued but unpaid interest thereon, shall be due and payable on the Scheduled Reduction Date and the Maximum Commitment shall automatically decrease by the aggregate amount of the Temporary Increase Commitments without any further action by any party hereto.
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Scheduled Reduction Date. On or before the Scheduled Reduction Date, the Borrowers shall prepay without further demand all amounts necessary so that the principal balance of Loans outstanding does not exceed the Maximum Commitment as of the Scheduled Reduction Date to the Administrative agent for the benefit of the Lenders.
Scheduled Reduction Date. On or before the Scheduled Reduction Date, the Borrowers shall prepay without further demand an amount equal to $125,000,000 to the Administrative Agent for the benefit of SG.
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