Example ContractsClausesapplication of commitment reductions; payment of feesIdentical
Application of Commitment Reductions; Payment of Fees
Application of Commitment Reductions; Payment of Fees contract clause examples

Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Acquisition Draw Term Commitment, the Letter of Credit Sublimit, Swingline Sublimit, the Alternative Currency Sublimit or the Revolving Credit Facility under this Section 2.06. Upon any reduction of the Revolving Credit Facility, the Revolving Credit Commitment of each Revolving Credit Lender shall be reduced by such Lender’s Applicable Revolving Credit Percentage of such reduction amount. All fees in respect of the Revolving Credit Facility or the Acquisition Draw Term Facility accrued until the effective date of any termination of the Revolving Credit Facility or the Acquisition Draw Term Facility, as applicable, shall be paid on the effective date of such termination.

DIODES INC /DEL/ (DIOD) (CIK 0000029002)
Source: SEC EDGAR database • Date: June 1, 2020 • SIC: 3674 • CIK: 3674

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