Common use of Optional Ratable Termination or Reduction Clause in Contracts

Optional Ratable Termination or Reduction. The Company shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole or reduce ratably in part the respective Unused Revolving Credit Commitments of the Revolving Credit Lenders; provided that each partial reduction (i) shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) shall be made ratably among the Lenders in accordance with their Revolving Credit Commitments with respect to the Facility.

Optional Ratable Termination or Reduction. The Company Borrower shall have the right, upon at least three Business Days’ notice to the Agent (or such shorter period as may be agreed to by the Agent), to terminate in whole or permanently reduce ratably in part the respective Unused Revolving Credit Commitments or the Unissued Letter of the Revolving Credit Lenders; Commitments, provided that each partial reduction of a Facility (i) shall be in the aggregate amount of $10,000,000 5,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) shall be made ratably among the Lenders in accordance with their Revolving Credit Commitments with respect to the FacilityCommitments.

Optional Ratable Termination or Reduction. The Company Borrower shall have the right, upon at least three two Business Days’ notice to the Agent, to terminate in whole or permanently reduce ratably in part the respective Unused Revolving Credit Commitments of the Revolving Credit Lenders; provided , provided, however, that each partial reduction (i) shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) shall be made ratably among the Lenders in accordance with their Revolving Credit Commitments with respect to the Facilitythereof.