Reduction of Commitment Amount. The Commitment Amount is subject to reduction from time to time pursuant to this Section 2.2.
Reduction of Commitment Amount. The Borrower may, from time to time on any Business Day occurring after the time of the initial Borrowing hereunder, voluntarily reduce the Commitment Amount; provided, however, that all such reductions shall require at least five Business Days' prior notice to the Agent and be permanent, and any partial reduction of the Commitment Amount shall be in a minimum amount of $1,000,000 and in an integral multiple of $1,000,000.
Reduction of Commitment Amount. The Company may from time to time ------------------------------ by written notice delivered to the Agent at least seven (7) days prior to the date of the requested reduction, reduce by a minimum amount of $5,000,000 and by integral multiples of $1,000,000 any unborrowed portion of the Commitment Amount. No reduction of the Commitment Amount shall be subject to reinstatement.
Reduction of Commitment Amount. (a) The Company may, from time to time on any Business Day voluntarily reduce the Commitment Amount; provided, however, that all such reductions shall require at least three Business Days' prior notice to the Administrative Agent and be permanent reductions of the Commitment Amount, and any partial reduction of the Commitment Amount shall be in a minimum amount of $1,000,000 and in an integral multiple of $500,000.
Reduction of Commitment Amount. SECTION 2.3.1 [Intentionally Blank]
Reduction of Commitment Amount. (a) The Borrower may, from time to time on any Business Day occurring on or after the Closing Date, voluntarily reduce any Commitment Amount; PROVIDED, HOWEVER, that all such reductions shall require at least three Business Days' prior notice to the Administrative Agent and shall be permanent, and any partial reduction of any Commitment Amount shall be in an aggregate amount of $500,000 or any larger integral multiple of $100,000. Any such reduction of the Revolving Loan Commitment Amount which reduces the Revolving Loan Commitment Amount below the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount shall result in an automatic and corresponding reduction of the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount, as the case may be, to an aggregate amount not in excess of the Revolving Loan Commitment Amount, as so reduced, without any further action on the part of the applicable Issuer or the Swing Line Lender.
Reduction of Commitment Amount. The Commitment Amount is ------------------------------ subject to reduction from time to time pursuant to this Section 2.2. -----------
Reduction of Commitment Amount. From and after the first Facility Anniversary Date, so long as no Unmatured Event of Default or Event of Default has occurred and is continuing, Borrower may permanently reduce the Commitment Amount in whole or in part; provided, however, (i) each such request shall be in writing and delivered to Lender at least thirty (30) days’ prior to such requested reduction and shall specify the date and amount of any such reduction, (ii) each such reduction shall be in the minimum amount of $10,000,000.00 (and in multiples of $10,000,000.00 if in excess thereof); (iii) Borrower shall have executed and delivered to Lender any documents, instruments or certificates that Lender may reasonably request in connection with such reduction, and (iv) Borrower shall have paid all of Lender’s fees and costs incurred in connection with such reduction, including without limitation, reasonable attorneys’ fees and costs. Any reduction in the Commitment Amount pursuant to this section shall likewise reduce the amount by which the Commitment Amount may be subsequently increased pursuant to Section 2.1(d) above.
Reduction of Commitment Amount. The Borrower shall have the right, upon at least ten (10) Business Days' notice to the Agent, to terminate in whole or reduce in part the unused portion of the Commitment Amount, provided that each partial reduction shall be in the amount of at least One Million Dollars ($1,000,000), and provided further that no reduction shall be permitted if, after giving effect thereto, and to any prepayment made therewith, the outstanding and unpaid principal amount of the Loans shall exceed the Commitment Amount. Any reduction in part of the unused portion of each Bank's Commitment shall be made pro rata according to each Bank's Proportionate Share. The Commitment Amount, once reduced or terminated, may not be reinstated.
Reduction of Commitment Amount. The Company may, from time to time on any Banking Day occurring after the time of the initial Borrowing hereunder, voluntarily reduce the Commitment Amount; provided, however, that all such reductions shall require at least five (5) Banking Days' prior notice to the Administrative Agent and be permanent, and any partial reduction of the Commitment Amount shall be in a minimum amount of $5,000,000 (in Dollars and/or Dollar Equivalent) and in an integral multiple of $5,000,000 (in Dollars and/or Dollar Equivalent).
