Notice of Reduction definition

Notice of Reduction means a notice in the form of Annex G to a Letter of Credit.

Examples of Notice of Reduction in a sentence

  • On each Advance Date and on each reduction of Advances Outstanding pursuant to Section 2.18, the Borrower (or the Servicer on its behalf) will provide a Notice of Borrowing, a Notice of Reduction or a Notice of Permanent Reduction/Termination, as applicable, to the Facility Agent and each Lender (with a copy to the Collateral Agent), in each case, attaching a Borrowing Base Certificate, updated as of such date and giving pro forma effect to any such proposed Advance or reduction, as applicable.


More Definitions of Notice of Reduction

Notice of Reduction means a notice of a reduction of the Advances Outstanding or a reduction of the Maximum Facility Amount, as applicable, pursuant to Section 2.18, in the form attached hereto as Exhibit F or Exhibit G, as applicable.
Notice of Reduction has the meaning set forth in Section 2.01(e).
Notice of Reduction means a notice of (a) any reduction of the Advances Outstanding pursuant to Section 2.17(a), in the form of Exhibit E or (b) any termination of this Agreement or reduction in part of the Facility Amount pursuant to Section 2.17(b), in the form of Exhibit F.
Notice of Reduction means a notice from the Borrower of a prepayment of the Advances Outstanding of any Term Loan Series pursuant to Section 2.14, in the form attached hereto as Exhibit E.
Notice of Reduction means an irrevocable notice of a reduction of the Advances Outstanding, in the form attached hereto as Exhibit F, delivered by and at the option of the Borrower to the Facility Agent (with a copy to each Lender and the Collateral Agent) pursuant to Section 2.18, which notice shall include a Borrowing Base Certificate.
Notice of Reduction means a written notice delivered by the Debtors to FESC, pursuant to Section 2.5(c) of this Agreement, informing FESC of the Debtors' decision to reduce the levels of services provided for under the Amended SSA.
Notice of Reduction has the meaning given in clause 22.1(a)(3).