Common use of Permanent Reduction of the Revolving Credit Commitment Clause in Contracts

Permanent Reduction of the Revolving Credit Commitment. (a) The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, in whole at any time or in part from time to time, without premium or penalty, the Revolving Credit Commitment in an aggregate principal amount not less than $2,000,000 or any whole multiple of $500,000 in excess thereof.

Permanent Reduction of the Revolving Credit Commitment. (a) The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, in whole at any time or in part from time to time, without premium or penalty, the Revolving Credit Commitment of the Lenders in an aggregate principal amount of not less than $2,000,000 250,000 or any whole multiple of $500,000 100,000 in excess thereof.

Permanent Reduction of the Revolving Credit Commitment. (a) The Borrower shall have the right at any time and from time to time, upon at least five three (53) Business Days prior written notice to the Administrative Agent, to permanently reduce, in whole at any time or in part from time to time, without premium or penalty, the (i) entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $2,000,000 5,000,000 or any whole multiple of $500,000 1,000,000 in excess thereof.

Permanent Reduction of the Revolving Credit Commitment. (a) The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, in whole at any time or in part from time to time, without premium or penalty, the Revolving Credit Commitment in an aggregate principal amount not less than $2,000,000 5,000,000 or any whole multiple of $500,000 1,000,000 in excess thereof.

Permanent Reduction of the Revolving Credit Commitment. (a) The Borrower Borrowers shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, in whole at any time or in part from time to time, without premium or penalty, the Revolving Credit Commitment in an aggregate principal amount not less than $2,000,000 or any whole multiple of $500,000 in excess thereof.