Common use of Permanent Reduction of Facility Amount Clause in Contracts

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Agent (with a copy to the Collateral Agent), permanently reduce the Facility Amount (i) in whole upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a), the unfunded Commitment of each Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. (b) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each Lender and the Administrative Agent, for their respective accounts, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Agent (with a copy to the Collateral Facility Agent), permanently reduce the Facility Amount (i) in whole upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Commitment of each Committed Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Committed Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. (b) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each Lender and the Administrative Facility Agent, for their the respective accountsaccounts of the Lenders, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56.

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Agent (with a copy to the Collateral Agent), permanently reduce the Facility Amount (i) in whole upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Commitment of each Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. . (b) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each Lender and the Administrative Agent, for their respective accounts, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56.

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Facility Agent (with a copy to the Collateral AgentAgent and the Collateral Administrator), permanently reduce the Facility Amount (i) in whole upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any partial permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Commitment of each Committed Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Committed Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. (b) In connection with any permanent reduction of the Facility Amount under Section 2.5(a) as a result of any repayment of the Advances, the Commitment of each Lender with a Commitment shall automatically, and without any further action by any party, be correspondingly reduced pro rata with all other Lenders with a Commitment. (c) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a) or Section 2.5(b), the Borrower shall pay to each Lender and the Administrative Facility Agent, for their the respective accountsaccounts of the Lenders, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56.

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Agent (with a copy to the Collateral Agent), permanently reduce the Facility Amount (i) in whole upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Commitment of each Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. (b) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each Lender and the Administrative Agent, for their respective accounts, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56.

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Agent (with a copy to the Collateral Agent), permanently reduce the Facility Amount (i) in whole or in part upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Commitment of each Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. (b) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each Lender and the Administrative Agent, for their the respective accountsaccounts of the Lenders, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56.

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five three (3) Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Facility Agent (with a copy to the Collateral Agent), permanently reduce the Facility Amount (i) in whole upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Commitment of each Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. (b) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each Lender and the Administrative Agent, Facility Agent for their respective accounts, any applicable Prepayment Non-Call Fee; provided that no such Prepayment Non-Call Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56.

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Agent (with a copy to the Collateral Agent), permanently reduce the Facility Amount (i) in whole or in part upon payment in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Commitment of each Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Lenders such that the sum of all Commitments will equal the newly reduced Facility Amount. (b) As In the event of any prepayment of any outstanding Class A-2 Advance designated or assigned as a condition precedent term loan pursuant to any permanent reduction of Section 2.9 in accordance with Section 2.4(b), the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each Lender and the Administrative Agent, for their respective accounts, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56reduced in whole or in part in the amount of the outstanding principal amount of such Class A-2 Advances so prepaid.

Permanent Reduction of Facility Amount. (a) The Borrower may at any time upon five Business Days’ prior written notice given in accordance with Section 17.3 to the Administrative Agent, each Lender Agent (with a copy to and the Collateral Agent), permanently reduce the Facility Amount (i) Amount, subject to Section 2.5(d), in whole upon payment or in full (in accordance with Section 2.4) of the aggregate outstanding principal amount of all Advances or (ii) in part part, by any pro rata amount that the Facility Amount exceeds the aggregate outstanding principal amount of all Advances Loans (after giving effect to any concurrent prepayment thereof). In connection with any permanent reduction of the Facility Amount under this Section 2.5(a)2.5(a2.5(a), the unfunded Revolving Commitment of each Revolving Lender shall automatically, and without any further action by any party, be reduced pro rata with all other Revolving Lenders such that the sum of all Commitments Revolving Commitments, taken together with the Term Loans, will equal the newly reduced Facility Amount. (b) As a condition precedent to any permanent reduction of the Facility Amount pursuant to Section 2.5(a), the Borrower shall pay to each the related Lender and the Administrative AgentAgents, for their the respective accountsaccounts of the Lenders, any applicable Prepayment Fee; provided that no such Prepayment Fee shall be payable to any Non-Extending Lender. EXHIBIT A TO AMENDMENT NO. 56.