Common use of Borrower Notice Clause in Contracts

Borrower Notice. The Borrower shall notify in writing the Administrative Agent of any election to terminate or reduce the Revolving Commitments under Section 2.08(b) at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice with respect to Revolving Commitments, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of any of the Commitments delivered by Borrower may state that such notice is conditioned upon the effectiveness of another credit facility or the closing of a securities offering, in which case such notice may be revoked by Borrower (by notice to the Administrative Agent, who promptly agrees to provide a copy of such notice to the Lenders, on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of any of the Commitments shall be permanent. Each reduction of the Revolving Commitments shall be made ratably among the Revolving Lenders in accordance with their respective Revolving Commitments.

Borrower Notice. The Borrower shall notify in writing the Administrative Agent in writing of any election to terminate or reduce the Revolving Commitments under Section 2.08(b2.07(b) at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice with respect to Revolving Commitmentsnotice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by Borrower pursuant to this Section shall be irrevocable; provided that a notice of reduction or termination of any of the Commitments delivered by Borrower may state that such notice is conditioned upon the effectiveness of another credit facility facility, the incurrence of other Indebtedness, the consummation of a particular disposition or the occurrence of a Change in Control, or the closing of a securities offering, in which case such notice may be revoked by Borrower (by notice to the Administrative Agent, who promptly agrees to provide a copy of such notice to the Lenders, Agent on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of any of the Commitments of any Class shall be permanent. Each reduction of the Revolving Commitments of any Class shall be made ratably among the Revolving Lenders in accordance with their respective Revolving CommitmentsCommitments of such Class.

Borrower Notice. The Borrower Borrowers shall notify in writing the Administrative Agent telephonically or electronically (in each case, promptly followed by written notice), or in writing of any election to terminate or reduce the Revolving Commitments under Section 2.08(b2.07(b) at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof; provided that if no Loans are outstanding, Borrowers may notify the Administrative Agent in writing of any election to terminate or reduce the Commitments under Section 2.07(b) at least one Business Day prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice with respect to Revolving Commitmentsnotice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by Borrower Borrowers pursuant to this Section shall be irrevocable; provided that a notice of termination of any of the Commitments delivered by Borrower Borrowers may state that such notice is conditioned upon the effectiveness of another other credit facility or the closing of a securities offeringfacilities, in which case such notice may be revoked by Borrower Borrowers (by notice to the Administrative Agent, who promptly agrees to provide a copy of such notice to the Lenders, Agent on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of any of the Commitments of any Class shall be permanent. Each reduction of the Revolving Commitments of any Class shall be made ratably among the Revolving Lenders in accordance with their respective Revolving CommitmentsCommitments of such Class.

Borrower Notice. The Borrower shall notify in writing the Administrative Agent of any election to terminate or reduce the Revolving Commitments under Section 2.08(b) at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice with respect to Revolving the Commitments, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of any of the Commitments delivered by Borrower may state that such notice is conditioned upon the effectiveness of another credit facility or the closing of a securities offering, in which case such notice may be revoked by Borrower Bxxxxxxx (by notice to the Administrative Agent, who promptly agrees to provide a copy of such notice to the Lenders, on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of any of the Commitments shall be permanent. Each reduction of the Revolving Commitments shall be made ratably among the Revolving Lenders in accordance with their respective Revolving Commitments. Each reduction of the Letters of Credit Maximum Amount shall be made ratably among the Letters of Credit Facility Participants in accordance with their respective Letters of Credit Maximum Amount.