Reduction and Termination of the Revolving Credit Commitments. (a) The Borrower may, upon at least three Business Days' prior notice to the Administrative Agent, terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Revolving Credit Lenders; provided, however, that each partial reduction shall be in an aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof. (b) The then current Revolving Credit Commitments shall be reduced on each date on which a prepayment of Revolving Loans is made pursuant to Section 2.8(a) or (b) (Mandatory Prepayments) or would be required to be made had the outstanding Revolving Loans equaled the Revolving Credit Commitments then in effect, in each case in the amount of such prepayment (or deemed prepayment) (and the Revolving Credit Commitment of each Lender shall be reduced by its Ratable Portion of such amount).
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Samples: Credit Agreement (Massey Energy Co)
Reduction and Termination of the Revolving Credit Commitments. (a) The Borrower Company may, upon at least three Business Days' prior notice to the Administrative Agent, terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Revolving Credit Lenders; provided, however, that each partial reduction shall be in an the aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof.
(b) The then current Revolving Credit Commitments shall be reduced on each date on which a prepayment of Revolving Loans or Swing Loans is made pursuant to Section 2.8(aclause (i) or (bii) of Section 2.9(a) (Mandatory Prepayments) or would be required to be made had the outstanding Revolving Loans and Swing Loans equaled the Revolving Credit Commitments then in effect, in each case in the amount of such prepayment (or deemed prepayment) (and the Revolving Credit Commitment of each Lender shall be reduced by its Ratable Portion of such amount).
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Samples: Credit Agreement (Suntek Corp)
Reduction and Termination of the Revolving Credit Commitments. (a) The Borrower may, upon at least three Business Days' prior notice to the Administrative Agent, terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Revolving Credit Lenders; provided, however, that each partial reduction shall be in an the aggregate amount of not less than $5,000,000 1,000,000 or an integral multiple of $1,000,000 in excess thereof.
(b) The then current Revolving Credit Commitments shall be reduced on each date on which a prepayment of Revolving Loans is made pursuant to Section 2.8(a) or (b) (Mandatory Prepayments) or would be required to be made had the outstanding Revolving Loans equaled the Revolving Credit Commitments then in effect, in each case in the amount of such prepayment (or deemed prepayment) (and the Revolving Credit Commitment of each Lender shall be reduced by its Ratable Portion of such amount).
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Reduction and Termination of the Revolving Credit Commitments. (a) The Borrower Borrowers may, upon at least three Business Days' ’ prior notice to the Administrative Agent, terminate in whole or permanently reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Revolving Credit Lenders; provided, however, that each partial reduction shall be in an aggregate amount of not less than $5,000,000 1,000,000 or an integral a whole multiple of $1,000,000 in excess thereof.
(b) The then current Revolving Credit Commitments shall be permanently reduced on each date on which a prepayment of Revolving Loans is made pursuant to Section 2.8(a2.6(a), (b) or (b) (Mandatory Prepaymentsc) or would be required to be made by Section 2.6(a), (b) or (c) or would have been required to be made (a “deemed prepayment”) had the outstanding Revolving Loans equaled the Revolving Credit Commitments then in effect, as applicable (and without duplication), in each case in the amount of such prepayment (or required or deemed prepayment) (and the Revolving Credit Commitment of each Lender shall be reduced by its Ratable Portion Percentage of such amount).
(c) The Revolving Credit Commitments shall automatically terminate when they shall have been reduced to zero.
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Reduction and Termination of the Revolving Credit Commitments. (a) The Borrower may, upon at least three Business Days' prior notice to the Administrative Agent, terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Revolving Credit Lenders; providedPROVIDED, howeverHOWEVER, that each partial reduction shall be in an the aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof.
(b) The then current Revolving Credit Commitments shall be reduced on each date on which a prepayment of Revolving Loans or Swing Loans is made pursuant to Section 2.8(aSECTIONS 2.9(A) or (b) (Mandatory Prepayments2.9(E)(I) or would be required to be made had the outstanding Revolving Loans and Swing Loans equaled the Revolving Credit Commitments then in effect, in each case in the amount of such prepayment (or deemed prepayment) (and the Revolving Credit Commitment of each Lender shall be reduced by its Ratable Portion of such amount).
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