Common use of Decrease of Beneficial Ownership Limitation Clause in Contracts

Decrease of Beneficial Ownership Limitation. The PFG Parties, jointly but not separately, upon not less than 61 days’ prior notice to the Maker, may decrease (only) the percentage Beneficial Ownership Limitation provisions of this Section 3(d). Any such decrease will not be effective until the 61st day after such notice is delivered to Maker.

Decrease of Beneficial Ownership Limitation. The PFG Parties, jointly but not separately, upon not less than 61 days’ prior notice to the MakerBorrower, may decrease (only) the percentage Beneficial Ownership Limitation provisions of this Section 3(d1(d). Any such decrease will not be effective until the 61st day after such notice is delivered to MakerBorrower.