Examples of Domestic Total Commitments in a sentence
Upon any reduction of the Domestic Total Commitments, the Domestic Commitment of each Domestic Lender shall be reduced by such Domestic Lender’s Applicable Percentage of such reduction amount.
If the Domestic Total Commitments or the Canadian Total Commitments are increased in accordance with this Section 2.15, the Administrative Agent, in consultation with the Parent, shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Commitment Increase.
Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Prime Rate Loans, but subject to the unutilized portion of the Domestic Total Commitments or the Canadian Total Commitments, as applicable, and the conditions set forth in Section 4.02.
Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Prime Rate Loans, but subject to the unutilized portion of the Revolving Domestic Total Commitments or the Canadian Total Commitments, as applicable, and the conditions set forth in Section 4.02.
Upon any reduction of the Revolving Domestic Total Commitments, the Revolving Domestic Commitment of each Revolving Domestic Lender shall be reduced by such Revolving Domestic Lender’s Applicable Percentage of such reduction amount.
The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Revolving Domestic Total Commitments.
If the Domestic Total Commitments, the Canadian Total Commitments, the German Total Commitments, or the UK Total Commitments are increased in accordance with this Section 2.15, the Agent, in consultation with the applicable Borrower, shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Commitment Increase.
A permanent reduction of the Revolving Domestic Total Commitments shall not require a corresponding pro rata reduction in the Domestic Letter of Credit Sublimit; provided, however, that if the Revolving Domestic Total Commitments are reduced to an amount less than the Domestic Letter of Credit Sublimit, then the Domestic Letter of Credit Sublimit shall be reduced to an amount equal to (or, at Parent’s option, less than) the Revolving Domestic Total Commitments.