Common use of Reduction in Commitment Amount Clause in Contracts

Reduction in Commitment Amount. HVF may, upon three Business Days’ notice to the Administrative Agent, each Funding Agent, each Conduit Investor and each Committed Note Purchaser, effect a permanent reduction in the Series 2009-1 Maximum Principal Amount and a corresponding reduction in the Commitment Amount and the Maximum Investor Group Principal Amount; provided that (x) any such reduction (i) will be limited to the undrawn portion of the Commitment Amounts, although any such reduction may be combined with a Voluntary Decrease effected pursuant to and in accordance with Section 2.2(b) of the Series 2009-1 Supplement, and (ii) must be in a minimum amount of $10,000,000 and (y) after giving effect to such reduction, the Series 2009-1 Maximum Principal Amount equals or exceeds $100,000,000, unless reduced to zero. Any reduction made pursuant to this Section 2.07 shall be made ratably among the Investor Groups’ on the basis of their respective Maximum Investor Group Principal Amounts.

Reduction in Commitment Amount. HVF may, upon three Business Days’ notice to the Administrative Agent, each Funding Agent, each Conduit Investor and each Committed Note Purchaser, effect a permanent reduction in the Series 20092008-1 Maximum Principal Amount and a corresponding reduction in the Commitment Amount and the Maximum Investor Group Principal Amount; provided that (x) any such reduction (i) will be limited to the undrawn portion of the Commitment Amounts, although any such reduction may be combined with a Voluntary Decrease effected pursuant to and in accordance with Section 2.2(b) of the Series 20092008-1 Supplement, and (ii) must be in a minimum amount of $10,000,000 and (y) after giving effect to such reduction, the Series 20092008-1 Maximum Principal Amount equals or exceeds $100,000,000, unless reduced to zero. Any reduction made pursuant to this Section 2.07 shall be made ratably among the Investor Groups’ Groups on the basis of their respective Maximum Investor Group Principal AmountsAmount.

Reduction in Commitment Amount. HVF may, upon three Business Days’ notice to the Administrative Agent, each Funding Agent, each Conduit Investor and each Committed Note Purchaser, effect a permanent reduction in the Series 20092010-1 2 Maximum Principal Amount and a corresponding reduction in the Commitment Amount and the Maximum Investor Group Principal Amount; provided that (x) any such reduction (i) will be limited to the undrawn portion of the Commitment Amounts, although any such reduction may be combined with a Voluntary Decrease effected pursuant to and in accordance with Section 2.2(b) of the Series 20092010-1 2 Supplement, and (ii) must be in a minimum amount of $10,000,000 5,000,000 and (y) after giving effect to such reduction, the Series 20092010-1 2 Maximum Principal Amount equals or exceeds $100,000,00050,000,000, unless reduced to zero. Any reduction made pursuant to this Section 2.07 shall be made ratably among the Investor Groups’ Groups on the basis of their respective Maximum Investor Group Principal Amounts.

Reduction in Commitment Amount. HVF may, upon three Business Days’ notice to the Administrative Agent, each Funding Agent, each Conduit Investor and each Committed Note Purchaser, effect a permanent reduction in the Series 2009-1 Maximum Principal Amount and a corresponding reduction in the Commitment Amount and the Maximum Investor Group Principal Amount; provided that (x) any such reduction (i) will be limited to the undrawn portion of the Commitment Amounts, although any such reduction may be combined with a Voluntary Decrease effected pursuant to and in accordance with Section 2.2(b) of the Series 2009-1 Supplement, and (ii) must be in a minimum amount of $10,000,000 and (y) after giving effect to such reduction, the Series 2009-1 Maximum Principal Amount equals or exceeds $100,000,000, unless reduced to zero. Any reduction made pursuant to this Section 2.07 shall be made ratably among the Investor Groups’ Groups on the basis of their respective Maximum Investor Group Principal AmountsAmount.