Optional Reduction or Termination. The Borrower may, upon prior written notice to the Agent delivered not later than the Required Notice Date, terminate in whole or reduce ratably in part, as of the date specified by the Borrower in such notice, any then unused portion of the Revolving Commitments, PROVIDED that each partial reduction shall be in a Minimum Amount.
Appears in 2 contracts
Sources: Credit Agreement (Cadence Design Systems Inc), Credit Agreement (Cadence Design Systems Inc)
Optional Reduction or Termination. The Borrower may, upon prior written notice to the Agent delivered not later than the Required Notice DateBank as provided herein, terminate in whole or reduce ratably in part, as of the date specified by the Borrower in such notice, any then unused portion of the Revolving CommitmentsCommitment, PROVIDED that each partial reduction shall be in a Minimum Amount.
Appears in 1 contract
Sources: Credit Agreement (Genus Inc)
Optional Reduction or Termination. The Borrower may, upon prior written notice to the Agent delivered not later than the Required Notice DateBank as provided herein, terminate in whole or permanently reduce ratably in part, as of the date specified by the Borrower in such notice, any then unused portion of the Revolving CommitmentsCommitment, PROVIDED that each partial reduction shall be in a Minimum Amount.
Appears in 1 contract
Sources: Credit Agreement (Ceridian Corp)