Mandatory Prepayments due to Commitment Reductions

Example Definitions of "Mandatory Prepayments due to Commitment Reductions"
Mandatory Prepayments due to Commitment Reductions. If, after giving effect to any termination or reduction of the Commitments pursuant to Section 2.07(a) hereof, the aggregate Revolving Credit Exposures exceeds the aggregate amount of the Commitments as then in effect, the Borrowers shall, on the date of such termination or reduction, prepay the Advances (which, in the case of the Revolving Credit Advances, shall be allocated ratably as between the Canadian Revolving Credit Advances and the U.S. Revolving Credit Advances) in an aggregate amount... equal to such excess View More
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