Reduction Instalment definition

Reduction Instalment means each instalment for reduction of the Loans referred to in Clause 7.2 (Reduction of the Facility).

Reduction Instalment means the aggregate amount to be repaid or cancelled on any Reduction Date;

Reduction Instalment means the amount by which the Total Commitments are reduced in accordance with paragraph (a) of Clause 8.2 (Reduction of Facility).

Examples of Reduction Instalment in a sentence

• In addition the Company may select an Interest Period of less than three Months, if necessary to ensure that (when aggregated with the Available Facility) there are sufficient Loans (with an aggregate Base Currency Amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on the Reduction Date for the scheduled reduction to occur.

• In addition the Borrower may select an Interest Period of a period of less than one Month, if necessary to ensure that (when aggregated with the Available Facility) there are sufficient Loans (with an aggregate amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

• In addition, the Borrower may select an Interest Period of a period of less than one Month, if necessary to ensure that (when aggregated with the Available Facility) there are sufficient Loans (with an aggregate Principal Amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

• In addition the Borrower may select an Interest Period of a period of less than three Months if necessary to ensure that there are sufficient Loans (with an aggregate amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

• Any cancellation of the Tranche B Available Facility pursuant to this Clause 7.2 shall reduce the amount of the Tranche B Reduction Instalment for each Tranche B Reduction Date falling after such cancellation rateably.

More Definitions of Reduction Instalment

Reduction Instalment means each instalment for reduction of the Total Commitments referred to in Clause 8.2 (Reduction).

Reduction Instalment means each instalment for reduction of the Overdraft Facility Commitments referred to in Clause 7.3 (Reduction of Overdraft Facility).

Reduction Instalment means a repayment instalment of such amount required to ensure that the Total Commitments (drawn and undrawn) on the Reduction Date, are reduced to CZK750,000,000.

Reduction Instalment means the amount of repayment and/or cancellation of the Facility in accordance with Clause 7.2 (Reduction of Facility).

Reduction Instalment means an Accordion Reduction Instalment or a Reducing Revolving Reduction Instalment.

Reduction Instalment means each instalment for reduction of the Advances under the Revolving Facility referred to in paragraph (a) of Clause ‎7.2 (Reduction of Revolving Facility).

Reduction Instalment means each instalment for repayment of the Revolving Credit Facility A Loans referred to in 10.2(c) (Repayment of Revolving Credit Facility A).