Term Reduction Amount

Term Reduction Amount. (a) with respect to the Term Reduction Date occurring on June 30, 2005, $0, and (b) with respect to each subsequent Term Reduction Date, $9,091,000, provided that (i) in the event that all of the Lenders consent to any increase to the Term Commitment above $100,000,000, then the Term Reduction Amount of each subsequently occurring Term Reduction Date shall be ratably increased, and (ii) subject to Section 3.8, in connection with any prepayment by Borrower of the Term Loans, the Borrower may... designate which Term Reduction Amount due in respect of any Term Reduction Date is being prepaid. View More