Common use of Optional Termination or Reduction of Revolving Committed Amount Clause in Contracts

Optional Termination or Reduction of Revolving Committed Amount. The Borrower may from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five Business Days’ prior written or telecopied notice to the Administrative Agent; provided that (i) no such termination or reduction shall be made which would cause the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC Obligations) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower pursuant to this Section 2.11(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section 2.11(a) shall be applied to the Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.12, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.

Optional Termination or Reduction of Revolving Committed Amount. The Borrower may from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five 5 Business Days’ ' prior written or telecopied notice to the Administrative Agent; provided that (i) no such termination or reduction shall be made which would cause the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC Obligations) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower pursuant to this Section 2.11(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section 2.11(a) shall be applied to the Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.12, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.

Optional Termination or Reduction of Revolving Committed Amount. The Borrower Xxxxxxxxx may from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five Business Days’ ' prior written or telecopied notice to the Administrative Agent; provided provided, however, that (i) no such termination or reduction shall be made which would cause the Dollar Amount of the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC Obligations) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower Xxxxxxxxx pursuant to this Section 2.11(a2.09(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section 2.11(a2.09(a) shall be applied to the Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower Xxxxxxxxx shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.122.10, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.

Optional Termination or Reduction of Revolving Committed Amount. The Borrower may from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five Business Days’ ' prior written or telecopied notice to the Administrative Agent; provided PROVIDED, HOWEVER, that (i) no such termination or reduction shall be made which would cause the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC ObligationsLoans) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower pursuant to this Section 2.11(aSECTION 2.10(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section 2.11(aSECTION 2.10(a) shall be applied to the Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.12SECTION 2.11, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.

Optional Termination or Reduction of Revolving Committed Amount. The Borrower Cxxxxxxxx may from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five Business Days’ prior written or telecopied notice to the Administrative Agent; provided provided, however, that (i) no such termination or reduction shall be made which would cause the Dollar Amount of the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC Obligations) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower Cxxxxxxxx pursuant to this Section 2.11(a2.09(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section 2.11(a2.09(a) shall be applied to the Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower Cxxxxxxxx shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.122.10, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.

Optional Termination or Reduction of Revolving Committed Amount. The Borrower Xxxxxxxxx may from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five Business Days’ prior written or telecopied notice to the Administrative Agent; provided provided, however, that (i) no such termination or reduction shall be made which would cause the Dollar Amount of the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC Obligations) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower Xxxxxxxxx pursuant to this Section 2.11(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section 2.11(a) shall be applied to the Revolving Commitments of the Lenders pro-–rata based upon their respective Revolving Commitment Percentages. The Borrower Xxxxxxxxx shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.12, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.

Optional Termination or Reduction of Revolving Committed Amount. The Borrower may from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five Business Days’ ' prior written or telecopied notice to the Administrative Agent; provided PROVIDED, HOWEVER, that (i) no such termination or reduction shall be made which would cause the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC Obligations) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower pursuant to this Section SECTION 2.11(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section SECTION 2.11(a) shall be applied to the Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section SECTION 2.12, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.

Optional Termination or Reduction of Revolving Committed Amount. The Borrower may Caxxxxxxx xay from time to time terminate in full or permanently reduce the Revolving Committed Amount upon five Business Days’ ' prior written or telecopied notice to the Administrative Agent; provided provided, however, that (i) no such termination or reduction shall be made which would cause the Dollar Amount of the Revolving Outstandings plus the aggregate principal amount of Competitive Bid Loans (after giving effect to any concurrent repayment of Revolving Loans, Competitive Bid Loans or Swingline Loans or Cash Collateralization of LC Obligations) to exceed the Revolving Committed Amount as so reduced, and (ii) any such partial reduction shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount). The Administrative Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower pursuant Caxxxxxxx xursuant to this Section 2.11(a). Any partial reduction of the Revolving Committed Amount pursuant to this Section 2.11(a) shall be applied to the Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower shall Caxxxxxxx xhall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.12, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount so terminated or reduced.