Revolving Commitment Reduction Date definition

Revolving Commitment Reduction Date means September 30, 2002.
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Revolving Commitment Reduction Date means January 1, 2019.
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Revolving Commitment Reduction Date means each of the dates set forth in the table in Section 2.12.
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Examples of Revolving Commitment Reduction Date in a sentence

  • Unless previously terminated in full, the Revolving Commitments shall be automatically reduced, in addition to any mandatory reductions or terminations under Section 2.03(a) or 2.02(b)(ii) or any optional reductions under Section 2.03(b), at the close of business on each Revolving Commitment Reduction Date by an amount equal to the Revolving Commitment Reduction Amount for such Revolving Commitment Reduction Date.

  • On each Revolving Commitment Reduction Date, the Revolving Commitment shall be reduced by the amount of the applicable Commitment Reduction.

  • If the Company shall so elect and shall notify the Administrative Agent of such election in writing prior to any Revolving Commitment Reduction Date, any optional reduction of Revolving Commitments made in accordance with Section 2.03(b) hereof shall be applied to the reduce the amount of one or more Revolving Commitment Reduction Amounts in such order and manner as the Company may elect.

  • The Revolving Commitment Amount shall be reduced on each of the following dates (each a "Revolving Commitment Reduction Date") by the amount set forth opposite such date: Revolving Commitment Reduction Reduction Date Amount -------------------- ---------- December 31, 1999 $10,000,000 December 31, 2000 $15,000,000 December 31, 2001 $15,000,000.

  • If, on any Revolving Commitment Reduction Date, the Revolving Outstandings exceed the Revolving Commitment Amount (after giving effect to the reduction of the Revolving Commitment Amount on such date), the Company shall immediately prepay an outstanding principal amount of the Revolving Loans, Swingline Loans and/or L/C Advances in an amount equal to such excess (and any such prepayment shall be subject to the provisions of Section 4.4).

  • Each reduction in the aggregate amount of the Revolving Commitments pursuant to paragraph (c) of this Section on any date shall result in an automatic and simultaneous reduction (but not below zero) in the aggregate amount of the Revolving Commitments for each Revolving Commitment Reduction Date (as reflected in column (B) at the end of paragraph (a) of this Section) after such date in an amount equal to the amount of such reduction.


More Definitions of Revolving Commitment Reduction Date

Revolving Commitment Reduction Date means each of the Initial Revolving Commitment Reduction Date, October 5, 2011, January 5, 2012, April 5, 2012, July 5, 2012, October 5, 2012, January 5, 2013, and April 5, 2013, or, in each case if such day is not a Business Day, the next succeeding Business Day.
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Revolving Commitment Reduction Date means January 1, 2019. “Tenth Amendment Date” shall mean May 4, 2017.
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Revolving Commitment Reduction Date means January 31, 2025.
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Related to Revolving Commitment Reduction Date

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolving Commitment Termination Date means the earliest of (i) July 31, 2018, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.8 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $40,000,000.

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).