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

Optional Termination or Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or the Unissued Letter of Credit Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; provided further that a notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Agent on or prior to the specified effective date) if such condition is not satisfied.

Optional Termination or Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days’ prior written notice to the Administrative Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or unused portions of the Unissued Letter of Credit Commitments of the Lenders, ; provided that each partial reduction shall be in the an aggregate amount of not less than $10,000,000 or 25,000,000 and an integral multiple of $1,000,000 in excess thereof; provided provided, further that a any such notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilitiesfacilities or the consummation of a specific transaction, in which case such notice may be revoked by the Borrower (by notice to the Agent on or prior to the specified effective date) if such condition is not satisfied.

Optional Termination or Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or unused portions of the Unissued Letter of Credit respective Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; provided further that a . Any such notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness occurrence of other credit facilitiesone or more events specified therein, in which case such notice may be revoked by the Borrower (by notice to the Agent on or prior to the specified effective datedate of termination or reduction) if such condition is not satisfied.

Optional Termination or Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or unused portion of the Unissued Letter of Credit respective Commitments of the LendersLenders without premium or penalty, provided that each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; provided further that a . Any such notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness occurrence of other credit facilitiesone or more events specified therein, in which case such notice may be revoked by the Borrower (by notice to the Agent on or prior to the specified effective datedate of termination or reduction) if such condition is not satisfied.

Optional Termination or Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or the Unissued Letter of Credit Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof; provided further that a . Notwithstanding the foregoing, any such notice of termination of the Commitments delivered by the Borrower or reduction may state that such notice is conditioned upon the effectiveness of any other credit facilitiestransaction or event, in which case such notice may may, subject to Section 8.04(e), be revoked by the Borrower (by notice to the Agent on or prior to the specified effective date) if such condition is not satisfied.

Optional Termination or Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days’ notice to the Agent, Administrative Agent to terminate in whole or permanently reduce ratably in part the Unused Commitments or unused portions of the Unissued Letter of Credit respective Commitments of the LendersLenders in respect of any Facility, provided that each partial reduction shall be in the aggregate amount of $US$10,000,000 or an integral multiple of $US$1,000,000 in excess thereof; provided further that a . A notice of reduction or termination of the Commitments delivered by the Borrower pursuant to this Section 2.05 may state that such notice is conditioned upon on the effectiveness of other credit facilitiesfacilities or the consummation of other transactions, in which case case, such notice may be revoked or extended by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.