Permanent Reduction and Termination of Available Commitment. (i) Subject to the provisions of the Fee and Interest Rate Agreement, the Available Commitment shall be reduced from time to time as requested by the County within three (3) days of the County’s written notice to the Purchaser requesting such reduction; provided, that each such reduction amount shall be in an amount equal to $1,000,000 or an integral multiple thereof.
Appears in 2 contracts
Samples: Purchase and Reimbursement Agreement, Note Purchase and Reimbursement Agreement
Permanent Reduction and Termination of Available Commitment. (i) Subject to the provisions of the Fee and Interest Rate Agreement, the The Available Commitment shall be reduced from time to time as requested by the County within three (3) days of the County’s written notice to the Purchaser requesting such reduction; provided, that each such reduction amount shall be in an amount equal to $1,000,000 or an integral multiple thereof.
Appears in 2 contracts
Samples: Note Purchase and Reimbursement Agreement, Note Purchase and Reimbursement Agreement
