Common use of Optional Termination and Reduction of Aggregate Commitments Clause in Contracts

Optional Termination and Reduction of Aggregate Commitments. (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided that (A) each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000 and (B) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 3.04(c), the Total Revolving Credit Exposure would exceed the Aggregate Commitments.

Optional Termination and Reduction of Aggregate Commitments. (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided that (A) each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000 2,500,000 and (B) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 3.04(c), the Total total Revolving Credit Exposure Exposures would exceed the total Aggregate Commitments.

Optional Termination and Reduction of Aggregate Commitments. (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided that (A) each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000 and (B) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 3.04(c), the Total Revolving Credit Exposure would exceed the Aggregate Commitments.

Optional Termination and Reduction of Aggregate Commitments. (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided that (A) each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000 2,500,000 and (B) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 3.04(c), the Total total Revolving Credit Exposure Exposures for all Lenders would exceed the lesser of (I) the Aggregate CommitmentsCommitments and (II) the then effective Borrowing Base.

Optional Termination and Reduction of Aggregate Commitments. (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided provided, that (A) each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000 500,000 and (B) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 3.04(c), the Total total aggregate Revolving Credit Exposure Outstanding Amounts would exceed the Aggregate Commitments.

Optional Termination and Reduction of Aggregate Commitments. (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided that (A) each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of $500,000 1,000,000 and not less than $1,000,000 5,000,000 and (B) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 3.04(c3.04(b), the Total any Lender’s Revolving Credit Exposure would exceed the Aggregate Commitmentsits Commitment.

Optional Termination and Reduction of Aggregate Commitments. (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided that (A) each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of $500,000 1,000,000 and not less than $1,000,000 2,000,000 and (B) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 3.04(c3.04(c)(i), the Total total Revolving Credit Exposure Exposures would exceed the Aggregate Commitments.