Optional Reduction or Cancellation of Revolving Loan Commitments. The Borrower may, upon five Business Days written notice to the Administrative Agent (each a “Reduction Notice”), permanently reduce the Revolving Loan Facility by the amount of $5,000,000 or an integral multiple of $5,000,000 in excess thereof or cancel the Revolving Loan Facility in its entirety; provided, however, that:
Appears in 7 contracts
Samples: Security Agreement (Chiquita Brands International Inc), Security Agreement (Chiquita Brands International Inc), Security Agreement (Chiquita Brands International Inc)
Optional Reduction or Cancellation of Revolving Loan Commitments. The Borrower may, upon five three (3) Business Days written notice to the Administrative Agent (each a “Reduction Notice”), permanently reduce the Total Revolving Loan Facility Commitment by the amount of $5,000,000 or an integral multiple of $5,000,000 1,000,000 in excess thereof or cancel the Total Revolving Loan Facility Commitment in its entirety; provided, however, that:
Appears in 3 contracts
Samples: Credit Agreement (International Rectifier Corp /De/), Credit Agreement (Shuffle Master Inc), Credit Agreement (Valueclick Inc/Ca)
Optional Reduction or Cancellation of Revolving Loan Commitments. The Borrower may, upon five at least three (3) Business Days written notice to the Administrative Agent (each a “Reduction Notice”), permanently reduce the Total Revolving Loan Facility Commitment by the amount of $5,000,000 or an integral multiple of $5,000,000 1,000,000 in excess thereof or cancel the Total Revolving Loan Facility Commitment in its entirety; provided, however, that:
Appears in 1 contract
Samples: Credit Agreement (IPC the Hospitalist Company, Inc.)
Optional Reduction or Cancellation of Revolving Loan Commitments. The Borrower From and after the Fourth Restatement Effective Date, the Borrowers may, upon five three (3) Business Days written notice to the Administrative Agent (each a “Reduction Notice”), permanently reduce the Total Revolving Loan Facility Commitment by the amount of $5,000,000 500,000 or an integral multiple of $5,000,000 50,000 in excess thereof or cancel the Total Revolving Loan Facility Commitment in its entirety; provided, however, that:
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