Common use of Optional Termination or Reduction of Commitment Clause in Contracts

Optional Termination or Reduction of Commitment. The Borrower may, upon at least three Business Days’ written notice to the Agent, terminate at any time, or permanently reduce from time to time by an aggregate amount of at least $5,000,000 (and in increments of $1,000,000 in excess thereof), the Commitments (for which purpose use of the Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities and the aggregate principal amount of all outstanding Swingline Loans). All accrued Facility Fees (as provided under Section 2.08) on the Commitments (in the case of a termination of the Commitments) or on the portion of the Commitments being reduced (in the case of a reduction of the Commitments) shall be payable on the effective date of such reduction or termination. The Agent shall deliver a copy of such notice to each Lender promptly upon receipt thereof.

Optional Termination or Reduction of Commitment. The Borrower may, upon at least three Business Days’ written notice to the Agent, Agent terminate at any time, or permanently reduce from time to time by an aggregate amount of at least $5,000,000 (and in increments of $1,000,000 in excess thereof), the Commitments (for which purpose use of the Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities and the aggregate principal amount of all outstanding Swingline Loans). All accrued Facility Fees (as provided under Section 2.08) on the Commitments (in the case of a termination of the Commitments) or on the portion of the Commitments being reduced (in the case of a reduction of the Commitments) shall be payable on the effective date of such reduction or termination. The Agent shall deliver a copy of such notice to each Lender promptly upon receipt thereof.

Optional Termination or Reduction of Commitment. The Borrower may, upon at least three Business Days’ written notice to the Agent, terminate at any time, or permanently reduce from time to time by an aggregate amount of at least $5,000,000 (and in increments of $1,000,000 in excess thereof), the Commitments (for which purpose use of the Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities and the aggregate principal amount of all outstanding Swingline Loans). All accrued Facility Fees (as provided under Section 2.08) on the Commitments (in the case of a termination of the Commitments) or on the portion of the Commitments being reduced (in the case of a reduction of the Commitments) shall be payable on the effective date of such reduction or termination. The Agent shall deliver a copy of such notice to each Lender promptly upon receipt thereof.

Optional Termination or Reduction of Commitment. The Borrower may, upon at least three Business Days’ written notice to the Agent, terminate at any time, or permanently reduce from time to time by an aggregate amount of at least $5,000,000 (and in increments of $1,000,000 in excess thereof), the Commitments (for which purpose use of the Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities and the aggregate principal amount of all outstanding Swingline Loans). All accrued Facility Fees (as provided under Section 2.08) on the Commitments (in the case of a termination of the Commitments) or on the portion of the Commitments being reduced (in the case of a reduction of the Commitments) shall be payable on the effective date of such reduction or termination. The Agent shall deliver a copy of such notice to each Lender promptly upon receipt thereof.. LEGAL02/33561677v8

Optional Termination or Reduction of Commitment. The Borrower may, upon at least three Business Days’ written notice to the Agent, terminate at any time, or permanently reduce from time to time by an aggregate amount of at least $5,000,000 (and in increments of $1,000,000 in excess thereof), the Commitments (for which purpose use of the Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities and the aggregate principal amount of all outstanding Swingline Loans). All accrued Facility Fees (as provided under Section 2.08) on the Commitments (in the case of a termination of the Commitments) or on the portion of the Commitments being reduced (in the case of a reduction of LEGAL02/33558006v8 the Commitments) shall be payable on the effective date of such reduction or termination. The Agent shall deliver a copy of such notice to each Lender promptly upon receipt thereof.