Common use of Reduction of One Bank's Commitment by Borrower Clause in Contracts

Reduction of One Bank's Commitment by Borrower. If the amount of any ---------------------------------------------- payment to be made to or for the account of any Bank is increased under Section 3.3 or any Bank makes a claim under Section 3.2, then: (a) Borrower may, within 60 days after the notice thereof and by not less than five Business Days' written notice to Administrative Agent, cancel such Bank's Commitment, whereupon such Bank shall cease to be obligated to participate in further Loans hereunder and its Commitment shall be reduced to the amount of its outstanding Loans until such Loans are repaid by Borrower either on the Principal Repayment Date for such Loans or pursuant to Section 3.6(b), at which time such Bank's Commitment shall be reduced to zero; (b) if Borrower cancels such Bank's Commitment pursuant to clause (a) above and if Borrower so elects by written notice to Administrative Agent given at the same time as the notice referred to in clause (a) above, Borrower shall prepay such Bank's portion of each outstanding Loan together with any accrued interest thereon plus all costs and expenses (including break and funding costs in connection with the relending, reborrowing, funding or other employing of

Reduction of One Bank's Commitment by Borrower. If the amount of ---------------------------------------------- any ---------------------------------------------- payment to be made to or for the account of any Bank is increased under Section 3.3 or any Bank makes a claim under Section 3.23.2 then, thenso long as no Event of Default then exists or would result therefrom: (a) Borrower may, within 60 sixty days after the notice thereof and by not less than five Business Days' written notice to Administrative Agent, cancel such Bank's Commitment, whereupon such Bank shall cease to be obligated to participate in further Loans hereunder and its Commitment shall be reduced to the amount of its outstanding Loans until such Loans are repaid by Borrower the Obligors either on the Principal Repayment Date for such Loans or pursuant to Section 3.6(b), at which time such Bank's Commitment shall be reduced to zero;; and (b) if Borrower cancels such Bank's Commitment pursuant to clause (a) above and if Borrower so elects by written notice to Administrative Agent given at the same time as the notice referred to in clause (a) above, Borrower the Obligors shall prepay such Bank's portion of each outstanding Loan together with any accrued interest thereon plus all costs and expenses (including break and broken funding costs in connection with the relendingre-lending, reborrowingre-borrowing, funding or other employing ofof funds) incurred by such Bank as a result of such cancellation or prepayment on a date other than the Principal Repayment Date for such Loan.

Reduction of One Bank's Commitment by Borrower. If the amount of any ---------------------------------------------- payment to be made to or for the account of any Bank is increased under Section 3.3 or any Bank makes a claim under Section 3.2, then: (a) Borrower may, within 60 days after the notice thereof and by not less than five Business Days' written notice to Administrative Agent, cancel such Bank's Commitment, whereupon such Bank shall cease to be obligated to participate in further Loans hereunder and its Commitment shall be reduced to the amount of its outstanding Loans until such Loans are repaid by Borrower either on the Principal Repayment Date for such Loans or pursuant to Section 3.6(b), at which time such Bank's Commitment shall be reduced to zero; (b) if Borrower cancels such Bank's Commitment pursuant to clause (a) above and if Borrower so elects by written notice to Administrative Agent given at the same time as the notice referred to in clause (a) above, Borrower shall prepay such Bank's portion of each outstanding Loan together with any accrued interest thereon plus all costs and expenses (including break and funding costs in connection with the relending, reborrowing, funding or other employing ofof funds) incurred by such Bank as a result of such cancellation or prepayment on a date other than the Principal Repayment Date for such Loan; and

Reduction of One Bank's Commitment by Borrower. If the amount of any ---------------------------------------------- payment to be made to or for the account of any Bank is increased under Section 3.3 or any Bank makes a claim under Section 3.2, then: (ai) Borrower may, may within 60 days after the notice thereof and by not less than five Business Days' written notice to Administrative Agent, cancel such Bank's Commitment, whereupon such Bank shall cease to be obligated to participate in further Loans hereunder and its Commitment shall be reduced to the amount of its outstanding Loans until such Loans are repaid by Borrower either on the Principal Repayment Date for such Loans or pursuant to Section 3.6(b), at which time such Bank's Commitment shall be reduced to zero; (bii) if Borrower cancels such Bank's Commitment pursuant to clause (ai) above and if Borrower so elects by written notice to Administrative Agent given at the same time as the notice referred to in clause (ai) above, Borrower shall prepay such Bank's portion of each outstanding Loan together with any accrued interest thereon plus all costs and expenses (including break and funding costs in connection with the relending, reborrowing, funding or other employing ofof funds) incurred by such Bank as a result of such cancellation or prepayment on a date other than the Principal Repayment Date for such Loan; and

Reduction of One Bank's Commitment by Borrower. If the amount of any ---------------------------------------------- payment to be made to or for the account of any Bank is increased under Section 3.3 or any Bank makes a claim under Section 3.2, then: (a) Borrower may, within 60 days after the notice thereof and by not less than five Business Days' written notice to Administrative Agent, cancel such Bank's Commitment, whereupon such Bank shall cease to be obligated to participate in further Loans hereunder and its Commitment shall be reduced to the amount of its outstanding Loans until such Loans are repaid by Borrower either on the Principal Repayment Date for such Loans or pursuant to Section 3.6(b), at which time such Bank's Commitment shall be reduced to zero; (b) if Borrower cancels such Bank's Commitment pursuant to clause (a) above and if Borrower so elects by written notice to Administrative Agent given at the same time as the notice referred to in clause (a) above, Borrower shall prepay such Bank's portion of each outstanding Loan together with any accrued interest thereon plus all costs and expenses (including break and funding costs in connection with the relending, reborrowing, funding or other employing ofof funds) incurred by such Bank as a result of such cancellation or prepayment on a date other than the Principal Repayment Date for such Loan; and (c) Borrower shall repay all Bid Rate Loans from such Bank on the Principal Repayment Date for such Loans and shall not request any additional Bid Rate Loans from such Bank.