Examples of Aggregate Reduction in a sentence
No Aggregate Reduction will be made following the occurrence of the Amortization Date without the prior written consent of Agent.
No Aggregate Reduction will be made following the occurrence of the Amortization Date without the consent of the Agent.
Notwithstanding the foregoing, the Aggregate Reduction will not be made if the Amortization Date shall have occurred for any reason on or prior to the Proposed Reduction Date.
The Gross Purchase Price less the Aggregate Reduction (if any) shall be the Net Purchase Price.
In the event that, pursuant to Section 1.3, an Aggregate Reduction is to take place on a date other than a Settlement Date, on the date of such Aggregate Reduction, the Servicer shall remit to the Managing Agents’ respective accounts (ratably in accordance with the Pro Rata Share of the related Purchaser Group), out of amounts set aside pursuant to Section 2.2(a), an amount equal to such Aggregate Reduction to be applied in accordance with Section 1.3.