Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender signed by the Borrower, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loans, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 or more (or such lesser amount as agreed by the Lender).
Appears in 6 contracts
Samples: Senior Unsecured Revolving Credit Agreement, Senior Unsecured Revolving Credit Agreement (Westlake Chemical Partners LP), Senior Unsecured Revolving Credit Agreement (Westlake Chemical Partners LP)
Optional Reduction and Termination of Loan Commitment. Upon one (a) Upon three (31) Business Days’ Day’s written notice to the Lender signed by the Borrower, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all LoansCommitment, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 or more (or such lesser amount as agreed by the Lender).
Appears in 4 contracts
Samples: Senior Term Loan Credit Agreement (Icahn Enterprises Holdings L.P.), Senior Term Loan Credit Agreement (CVR Partners, Lp), Loan Agreement (Icahn Enterprises Holdings L.P.)
Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender signed by the BorrowerLender, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loans, at such time; provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 100,000 or more (or such lesser amount as agreed by the Lender)more.
Appears in 4 contracts
Samples: Revolving Loan Agreement, Revolving Loan Agreement (Hoegh LNG Partners LP), Revolving Loan Agreement (Hoegh LNG Partners LP)
Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender Agent signed by the Borrower, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loans, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 500,000 or more (or such lesser amount as agreed by the LenderAgent).
Appears in 2 contracts
Samples: Unsecured Revolving Credit Agreement (Advanced Flower Capital Inc.), Unsecured Revolving Credit Agreement (Sunrise Realty Trust, Inc.)
Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender signed by the Borrower, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loans, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 or more (or such lesser amount as agreed by the Lender).
Appears in 2 contracts
Samples: Senior Unsecured Revolving Credit Agreement, Senior Unsecured Revolving Credit Agreement (Westlake Chemical Partners LP)
Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender Agent signed by the Borrower, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loans, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 or more (or such lesser amount as agreed by the LenderAgent).
Appears in 1 contract
Samples: Unsecured Revolving Credit Agreement (AFC BDC Inc.)
Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender Agent signed by the Borrower, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loans, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 500,000 or more (or such lesser amount as agreed by the LenderAgent).
Appears in 1 contract
Samples: Unsecured Revolving Credit Agreement (Sunrise Realty Trust, Inc.)
Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender signed by the Borrower, the Borrower may terminate the Loan Commitment, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loans, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 or more (or such lesser amount as agreed by the Lender).of
Appears in 1 contract
Optional Reduction and Termination of Loan Commitment. (a) Upon three (3) Business Days’ written notice to the Lender Administrative Agent signed by the Borrower, the Borrower may terminate the Loan CommitmentCommitment of any Lender, or permanently reduce the Loan Commitment to an amount not less than the then Outstanding Amount of all Loansany Lender, provided that each partial reduction of the Loan Commitment shall be in integral multiples of $1,000,000 or more (or such lesser amount as agreed by the applicable Lender). Unless otherwise specified by the Borrower, such reductions shall be made on a pro rata basis among each Lender based on such Lender’s percentage of the Loan Commitment.
Appears in 1 contract
Samples: Senior Unsecured Revolving Credit Agreement (Westlake Chemical Partners LP)
