Common use of Reduction of Commitment Amount Clause in Contracts

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.

Appears in 1 contract

Samples: Credit Agreement (Brookstone Inc)

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Reduction of Commitment Amount. The Company may from time to time ------------------------------ by written notice delivered to the Agent Bank at least seven (7) days five Business 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 reinstatementreinstatement without the Bank's prior written consent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Essex County Gas Company)

Reduction of Commitment Amount. The Company may from time to time ------------------------------ by written notice delivered to the Agent at least seven (7) days five Business 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.

Appears in 1 contract

Samples: Revolving Credit Agreement (Guess Inc Et Al/Ca/)

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.

Appears in 1 contract

Samples: Credit Agreement (Brookstone Inc)

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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.

Appears in 1 contract

Samples: Credit Agreement (Brookstone Inc)

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