Common use of Commitment Reductions Clause in Contracts

Commitment Reductions. (i) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date of such Lender. (ii) In addition, the Borrower shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (x) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; (y) each partial reduction shall be in an aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; and (z) any such notice may be conditioned on the effectiveness of one or more other financing arrangements. Once reduced or terminated, the Commitments may not be reinstated.

Commitment Reductions. (i) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date of such Lender. (ii) In addition, the Borrower shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (x) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; (y) and provided further that each partial reduction shall be in an aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; and (z) any such notice may be conditioned on the effectiveness of one or more other financing arrangements. Once reduced or terminated, the Commitments may not be reinstated.

Commitment Reductions. (i) The Commitment of each Lender --------------------- shall be automatically reduced to zero on the Commitment Termination Date of such Lender. (ii) . In addition, the Borrower Company (on its own behalf and on behalf of the other Borrowers) shall have the right, upon at least three Business Days’ ' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that (xi) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; and (yii) each partial reduction shall be in an aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; and (z) any such notice may be conditioned on the effectiveness of one or more other financing arrangements. Once reduced or terminated, the Commitments may a Commitment cannot be reinstated.

Commitment Reductions. (i) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date of such Lender. (ii) In addition, the Borrower shall have the right, upon at least three Business Days’ ' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (x) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; (y) and provided further that each partial reduction shall be in an aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; and (z) any such notice may be conditioned on the effectiveness of one or more other financing arrangements. Once reduced or terminated, the Commitments may not be reinstated.

Commitment Reductions. (i) The Commitment aggregate amount of each Lender the Commitments shall automatically be automatically reduced to zero on the Commitment Termination Date of such LenderDate. (ii) In addition, the The Borrower shall have the right, upon at least three Business Days’ ' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused unutilized portions of the respective Commitments of the Lenders; provided Banks, provided, that (x) the aggregate amount of the Commitments of the Lenders Banks shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; (y) , and provided, Credit Agreement further, that each partial reduction shall be in an aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; and (z) any such notice may be conditioned on the effectiveness of one or more other financing arrangements. Once reduced or terminated, the Commitments may not be reinstated.

Commitment Reductions. (i) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date of such Lender. (ii) . In addition, the Borrower shall have the right, upon at least three Business Days’ ' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that (xi) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; and (yii) each partial reduction shall be in an aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; and (z) any such notice may be conditioned on the effectiveness of one or more other financing arrangements. Once reduced or terminated, the Commitments may a Commitment cannot be reinstated.

Commitment Reductions. (i) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date of such Lender. (ii) In addition, the The Borrower shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (x) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances Loans then outstanding; (y) and provided further that each partial reduction shall be in an aggregate amount of $10,000,000 2,500,000 or an integral multiple of $1,000,000 in excess thereof; and (z) any such notice may be conditioned on the effectiveness of one or more other financing arrangements. Once reduced or terminated, the Commitments may not be reinstated.