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

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,000. Upon a reduction of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced.

Optional Termination or Reduction of Commitments. (a) The Borrower may, upon at least 3 Domestic three Business Days' ’ notice to the Administrative Agent, (i) terminate the Commitments at any time, time or proportionately (ii) ratably reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,000. Upon a reduction 5,000,000 or any larger multiple of $1,000,000, the aggregate amount of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced.

Optional Termination or Reduction of Commitments. The Borrower mayshall have the right, upon at least 3 Domestic three Business Days' ’ notice to the Administrative Agent, to terminate at any time, in whole or proportionately reduce ratably in part the Unused respective Three-Year Commitments from time to time by an or Five-Year Commitments of the Lenders; provided that each partial reduction shall be in the aggregate amount of at least no less than $10,000,000. Upon a reduction of 50,000,000 or the Unused Commitments, each Bank's Commitments shall be permanently and ratably reducedremaining balance if less than $50,000,000.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic three (3) Business Days' ’ notice to the Administrative AgentAgent (which notice the Agent shall promptly forward to the Banks), terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,0005,000,000, or any larger multiple of $1,000,000. Upon a reduction of If the Unused CommitmentsCommitments are terminated in their entirety, each Bank's Commitments all accrued fees (as provided under Section 2.07) shall be permanently due and ratably reducedpayable on the effective date of such termination.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 three Domestic Business Days' notice to the Administrative Agent, (i) terminate the Commitments at any time, if no Loans are outstanding at such time or proportionately (ii) ratably reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,000. Upon a reduction 25,000,000 or any larger multiple of $5,000,000, the aggregate amount of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced.in excess of the aggregate outstanding principal amount of the Loans. Section 2.10

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments Commitment from time to time by an aggregate amount of at least $10,000,000. Upon a reduction 5,000,000 and any larger incremental multiple of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced$1,000,000.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments Commitment from time to time by an aggregate amount of at least $10,000,0005,000,000 and any larger incremental multiple of $1,000,000. Upon The Borrower hereby irrevocably and voluntarily elects to reduce the Commitments to the Commitment levels set forth below on the Commitment Reduction Dates set forth below (to the extent not already reduced to or below such levels as a reduction result of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced.application of Section 2.08(b)):

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 three Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately ratably reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,000. Upon a reduction 5,000,000 or any larger multiple of $1,000,000, the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Revolver Loan Commitments or the Unused Term Loan Commitments from time to time by an aggregate amount of at least $10,000,0001,000,000 or any larger multiple of $500,000. Upon a reduction of If the Unused CommitmentsCommitments are terminated in their entirety, each Bank's Commitments all accrued fees (as provided under Section 2.07) shall be permanently due and ratably reducedpayable on the effective date of such termination.

Optional Termination or Reduction of Commitments. The Borrower may, without premium or penalty, upon at least 3 three Domestic Business Days' notice to the Administrative Agent, (i) terminate the Commitments at any time, time or proportionately (ii) ratably reduce the Unused Commitments from time to time time, in each case by an aggregate amount of at least $10,000,000. Upon a any such termination or reduction of the Unused Commitments, the Administrative Agent shall promptly notify each Bank's Commitments shall be permanently and ratably reducedBank of such termination or reduction.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic three (3) Business Days' notice to the Administrative AgentAgent (which notice the Agent shall promptly forward to the Banks), terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,0005,000,000, or any larger multiple of $1,000,000. Upon a reduction of If the Unused CommitmentsCommitments are terminated in their entirety, each Bank's Commitments all accrued fees (as provided under Section 2.07) shall be permanently due and ratably reducedpayable on the effective date of such termination.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,00010,000,000 or any larger multiple of $1,000,000, the Commitments. Upon a reduction of If the Unused CommitmentsCommitments are terminated in their entirety, each Bank's Commitments all accrued fees (as provided under Section 2.07) shall be permanently and ratably reducedpayable on the effective date of such termination.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic three Business Days' notice to the Administrative Servicing Agent, (i) terminate the Commitments at any time, if no Loans are outstanding at such time or proportionately (ii) ratably reduce the Unused Commitments from time to time the unused portions of the Commitments; provided that each such reduction shall reduce the Commitments by an aggregate amount of at least $10,000,0005,000,000 (or any larger multiple of $1,000,000). Upon a reduction of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reducedSection 2.11.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic three Business Days' notice to the Administrative Servicing Agent, (i) terminate the Commitments at any time, if no Loans or proportionately Letter of Credit Liabilities are outstanding at such time or (ii) ratably reduce the Unused Commitments from time to time the aggregate amount of the Commitments in excess of the Total Outstanding Amount; provided that each such reduction shall reduce the Commitments by an aggregate amount of at least $10,000,0005,000,000 (or any larger multiple of $1,000,000). Upon a reduction of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reducedSection 2.11.

Optional Termination or Reduction of Commitments. The Borrower mayshall have the right, upon at least 3 five Domestic Business Days' prior written notice to the Administrative Agent, to terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount unused portion of at least $10,000,000the Commitments. Upon a Any such reduction of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reducedin the minimum amount of $1,000,000. The accrued facility fees with respect to the terminated Commitments shall be payable to the Agent for the account of the Banks on the effective date of such termination.

Optional Termination or Reduction of Commitments. The During the Availability Period, the Borrower may, upon at least 3 three Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,000. Upon a reduction 10,000,000 or any larger multiple of $1,000,000, the unused portions of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced.

Optional Termination or Reduction of Commitments. The Borrower mayshall have the right, upon at least 3 Domestic three Business Days' ’ notice to the Administrative Agent, to terminate at any time, in whole or proportionately reduce ratably in part the Unused unused portions of the respective Commitments from time to time by an of the Lenders; provided that each partial reduction shall be in the aggregate amount of at least $10,000,000. Upon a reduction €10,000,000 or an integral multiple of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced€1,000,000 in excess thereof.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic three (3) Business Days' ’ notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,0005,000,000 or any larger integral multiple of $1,000,000. Upon a reduction If the Commitments are terminated in their entirety, the Commitment Fees (as provided under Section 2.07) shall be due and payable on the effective date of the Unused Commitments, each Bank's such termination. All terminations or reductions of Commitments shall be permanently and permanent. Each reduction shall be made ratably reducedamong the Lenders in accordance with their respective Commitments.

Optional Termination or Reduction of Commitments. The Borrower mayshall have the right, upon at least 3 Domestic five Business Days' ’ prior written notice to the Administrative Agent, to terminate at any time, or proportionately reduce the Unused unused portion of the Commitments. Any such reduction of the Commitments from time to time by an aggregate shall be in the minimum amount of at least $10,000,000. Upon a reduction of The accrued facility fees with respect to the Unused Commitments, each Bank's terminated Commitments shall be permanently and ratably reducedpayable to the Administrative Agent for the account of the Banks on the effective date of such termination.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic Business Days' notice to the Administrative Agent, terminate the Commitments in their entirety at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,0005,000,000 or any larger integral multiple of $1,000,000. Upon a reduction of If the Unused CommitmentsCommitments are terminated in their entirety, each Bank's Commitments all accrued fees (as provided under Section 2.07) shall be permanently due and ratably reducedpayable on the effective date of such termination.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic Business Days' ’ notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,00010,000,000 or any larger multiple of $1,000,000. Upon a reduction of the Unused Commitments, each Bank's ’s Commitments shall be permanently and ratably reduced.

Optional Termination or Reduction of Commitments. The Prior to the Commitment Termination Date, the Borrower may, upon at least 3 three Domestic Business Days' ’ notice to the Administrative Agent, (i) terminate the Commitments at any time, time or proportionately (ii) ratably reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,000. Upon a reduction 50,000,000 or any larger integral multiple thereof, the aggregate amount of the Unused Commitments, each Bank's Commitments shall be permanently and ratably reduced.

Optional Termination or Reduction of Commitments. The At any time upon or after (but not before) payment in full of the Term Loans, the Borrower may, upon at least 3 Domestic Business Days' notice to the Administrative Agent, terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,0005,000,000 or any larger multiple of $1,000,000. Upon a reduction of If the Unused CommitmentsCommitments are terminated in their entirety, each Bank's Commitments all accrued fees (as provided under Section 2.06) shall be permanently due and ratably reducedpayable on the effective date of such termination.

Optional Termination or Reduction of Commitments. The Borrower may, upon at least 3 Domestic three (3) Business Days' notice to the Administrative AgentAgent (which notice the Agent shall promptly forward to the Banks), terminate at any time, or proportionately reduce the Unused Commitments from time to time by an aggregate amount of at least $10,000,0005,000,000, or any larger multiple of $1,000,000. Upon a reduction of If the Unused CommitmentsCommitments are terminated in their entirety, each Bank's Commitments all accrued fees (as provided under Section 2.07) shall be permanently due and ratably reducedpayable on the effective date of such termination.