Scheduled Reductions of Revolving Facility Commitments. (a) The Revolving Facility Commitments shall be reduced by consecutive quarterly reductions as set out in Schedule 7 (Repayments and Reductions) and the first reduction shall occur 3 months from the First Utilisation Date.
Appears in 4 contracts
Samples: Whereas Eksportfinans, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Scheduled Reductions of Revolving Facility Commitments. (a) The Revolving Facility Commitments shall be reduced by consecutive quarterly reductions as set out in Schedule 7 5 (Repayments and Reductions) and the first reduction shall occur 3 months from the First Utilisation Date.
Appears in 3 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement (Seadrill Partners LLC), Credit Facility Agreement (Seadrill Partners LLC)
