Common use of Reduction and Termination Clause in Contracts

Reduction and Termination. (a) Subject to the provisions of Section 2.6(b) hereof, the Available Commitment shall be reduced from time to time as requested by the Authority within three (3) days of the Authority’s written notice to the Lender requesting such reduction in the form of Exhibit E hereto; provided, that each such reduction amount shall be in an amount equal to $1,000,000 or an integral multiple thereof.

Reduction and Termination. (a) Subject to the provisions of Section 2.6(b2.06(b) hereof, the Available Commitment shall be reduced from time to time as requested by the Authority within three (3) days of the Authority’s written notice to the Lender requesting such reduction in the form of Exhibit E hereto; provided, that (i) each such reduction amount shall be in an amount equal to $1,000,000 or an integral multiple thereof, and (ii) any reduction in the Available Commitment shall not be effective until the Lender delivers to the Authority a notice in the form attached hereto as Exhibit F reflecting such reduction.

Reduction and Termination. (a) Subject to the provisions of Section 2.6(b) hereof, the The Available Commitment shall be reduced from time to time as requested by the Authority Agency within three (3) days of the AuthorityAgency’s written notice to the Lender Bank requesting such reduction in the form of Exhibit E hereto; provided, that (i) each such reduction amount shall be in an amount equal to $1,000,000 500,000 or an integral multiple of $100,000 in excess thereof, and (ii) any reduction in the Available Commitment shall not be effective until the Bank delivers to the Agency a notice in the form attached hereto as Exhibit F reflecting such reduction.

Reduction and Termination. (a) Subject to the provisions of Section 2.6(b) hereof, the The Available Commitment shall be reduced from time to time as requested by the Authority Department within three (3) days of the AuthorityDepartment’s written notice to the Lender Bank requesting such reduction in the form of Exhibit E hereto; provided, that (i) each such reduction amount shall be in an amount equal to $1,000,000 or an integral multiple thereof, and (ii) any reduction in the Available Commitment shall not be effective until the Bank delivers to the Department a notice in the form attached hereto as Exhibit F reflecting such reduction.

Reduction and Termination. (a) Subject to the provisions previsions of Section 2.6(b) hereof, the Available Commitment shall be reduced from time to time as requested by the Authority within three (3) days of the Authority’s written notice to the Lender Administrative Agent requesting such reduction in the form of Exhibit E hereto; providedprevided, that each such reduction amount shall be in an amount equal to $1,000,000 Si,000,000 or an integral multiple thereof.