Scheduled Reduction definition

Scheduled Reduction shall have the meaning provided in Section 2.03(d).
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Scheduled Reduction shall have the meaning provided in the Credit Agreement immediately prior to the Sixth Amendment Effective Date.
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Scheduled Reduction means the amount by which the Aggregate Commitment shall be reduced on each Reduction Date with the intent that as of the Maturity Date the Aggregate Commitment shall have been reduced to an amount no greater than Sixty Million Dollars ($60,000,000.00). The amount of each such Scheduled Reduction shall be determined by dividing by ten (10) the sum of: (i) the amount of the First Commitment Increase, plus (ii) the amount of the Second Commitment Increase, in the event the Second Increase Effective Date has occurred, plus (iii) the amount of the Greenshoe Increase, to the extent such increase to the Aggregate Commitment has become effective. "Second Commitment Increase" shall have the meaning ascribed to such term in Recital Paragraph E(i) of the First Amendment.
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Examples of Scheduled Reduction in a sentence

  • Notwithstanding the foregoing, the Lenders may at their discretion and by unanimous consent redetermine the Borrowing Base and the Scheduled Reduction Amount at any time and from time to time.

  • As a result of such exclusive participation in the Temporary Increase Tranche, the Principal Obligations may from time to time prior to the Scheduled Reduction Date be allocated amongst the Lenders in proportions other than their pro rata share of the aggregate Commitments.

  • The unpaid principal amount of the Obligations with respect to Temporary Increase Loans that are outstanding on the Scheduled Reduction Date, together with all accrued but unpaid interest thereon, shall be due and payable on the Scheduled Reduction Date and the Maximum Commitment shall automatically decrease by the aggregate amount of the Temporary Increase Commitments without any further action by any party hereto.

  • At any time prior to the Scheduled Reduction Date, to the extent that (i) the Principal Obligations equal or exceed the Commitments under the Primary Tranche and (ii) the aggregate Principal Obligations do not exceed the Available Commitment and subject to the other terms and conditions set forth herein, any Loan requested by a Borrower in accordance with Section 2.3(a) shall be funded as a Temporary Increase Loan.

  • No Voluntary Permanent Reduction or Mandatory Commitment Reductions shall relieve or otherwise defer the making of each Scheduled Reduction on each Reduction Date.

  • Commencing on May 1, 1998, and continuing thereafter on the first day of each calendar month until the earlier of the date such amount is redetermined or the Commitment Termination Date, the Scheduled Reduction Amount shall be $275,000.

  • Any such reduction in the Revolving Commitments shall be applied to, and serve to reduce, the Regularly Scheduled Reduction Amounts which would otherwise be required under subsection (i) hereof in the inverse order of reduction dates.

  • Rubber boot manhole connectors, install either a standard A-2000/A-2026 double gasket (8”-10”) or an A-2000 manhole gasket (12’-36”) on the pipe spigot under the stainless steal strap A-Lok: where manholes are manufactured with A-Lok connections, use a CONTECH PVC manhole sleeve A-Lok manhole sleeve are available already attached to the pipe.

  • Scheduled Reduction of DonanemabParticipants randomized to donanemab whose amyloid plaque reduction as measured by florbetapir F18 PET scans at Visit 8 (Week 24) or Visit 15 (Week 52) meets criteria will stop donanemab infusions but continue all other assessments for the remaining duration of the open- label period and short-term follow-up period.

  • Each such new Revolving Loan shall be dated the Effective Date (or the Scheduled Reduction Date, if the Assignment Effective Date occurs on or after the Scheduled Reduction Date) and each such new Note shall otherwise be in the form of the Note replaced thereby.


More Definitions of Scheduled Reduction

Scheduled Reduction has the meaning given in Section 2.1(b)(i).
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Scheduled Reduction shall have the meaning provided in Section 3.03(c). "Section 4.04(b)(ii) Certificate" shall have the meaning provided in Section 4.04(b).
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Related to Scheduled Reduction

  • Unscheduled Rebalance means an unscheduled rebalance occurring on a Valuation Date on which the rebalancing mechanism built in the relevant Index or Investment Strategy in respect of a Series of ETP Securities has been triggered by a change in the price of the corresponding Reference Asset of such Index or Investment Strategy by more than the relevant trigger level for the Index or Investment Strategy in accordance with its methodology.

  • Scheduled Redetermination has the meaning assigned such term in Section 2.07(b).

  • Scheduled Redetermination Date means the date on which a Borrowing Base that has been redetermined pursuant to a Scheduled Redetermination becomes effective as provided in Section 2.07(d).

  • extended reduction means a reduction under this scheme for which a person is eligible under Part 12 (extended reductions);

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Scheduled Return Date means the date on which You are originally scheduled to return to the point of origin or the original final destination of Your Trip.

  • Proposed Reduction Date has the meaning set forth in Section 1.3.

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

  • Scheduled Redemption Date means the first (1st) Business Day following the twenty first (21st) anniversary of the Issue Date.

  • Scheduled Reference Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Reference Date.

  • Reduction Date has the meaning set forth in Section 20.1B.

  • reduction week means a period of seven consecutive days beginning with a Monday and ending with a Sunday;

  • Scheduled Termination Date means July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Scheduled Uptime means the total minutes in the reporting month less the total minutes represented by the Scheduled Downtime.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Scheduled Commitment Termination Date means March 21, 2023March 28, 2022.

  • Scheduled Unavailability Date has the meaning specified in Section 3.03(b).

  • Interim Redetermination Date means the date on which a Borrowing Base that has been redetermined pursuant to an Interim Redetermination becomes effective as provided in Section 2.07(d).

  • Redetermination means any Scheduled Redetermination or Special Redetermination.

  • Scheduled Outage means the final outage plan as approved by the RPC as per the provisions of the Grid Code;

  • Scheduled Tribes means such tribes or tribal communities or parts of or groups within, such tribes or tribal communities as are deemed to be Scheduled Tribes in relation to the State of Maharashtra under article 342 of the Constitution of India residing in any part of the State of Maharashtra;

  • Scheduled Downtime has the meaning set forth in Section 5.2.

  • Redetermination Date means, with respect to any Scheduled Redetermination or any Interim Redetermination, the date that the redetermined Borrowing Base related thereto becomes effective pursuant to Section 2.07(d).

  • Scheduled Distribution means, with respect to any Collateral Loan, for each Due Date, the scheduled payment of principal and/or interest and/or fees due on such Due Date with respect to such Collateral Loan, determined in accordance with the assumptions specified in Section 1.3.

  • Interim Redetermination has the meaning assigned such term in Section 2.07(b).