Common use of Reduction or Termination of the Commitments Clause in Contracts

Reduction or Termination of the Commitments. The Borrower may at any time or from time to time reduce or terminate the Commitment of each Bank by giving not less than three (3) full Business Days' prior written notice to such effect to the Agent; provided, that any partial reduction shall be in an amount of not less than $5,000,000 or an integral multiple of $5,000,000 in excess thereof. Promptly after the Agent's receipt of such notice of reduction, the Agent shall notify each Bank of the proposed reduction and such reduction shall be effective on the date specified in Borrower's notice with respect to such reduction and shall reduce the Commitment of each Bank proportionately in accordance with its Pro Rata Percentage. After each such reduction, the commitment fee shall be calculated upon the aggregate Commitments as so reduced. The Commitment of each Bank shall automatically terminate on the Maturity Date or in the event of acceleration of the maturity date of the Notes. Each reduction of the Commitments hereunder shall be irrevocable.

Reduction or Termination of the Commitments. The Borrower Parent may at any time or from time to time reduce or terminate the Commitment of each Bank by giving not less than three (3) full Business Days' prior written notice to such effect to the Agent; providedPROVIDED, that any partial reduction shall be in an amount of not less than $5,000,000 or an integral multiple of $5,000,000 in excess thereofthereof and PROVIDED FURTHER, HOWEVER, that no partial reduction shall reduce the Commitment to an amount greater than zero and less than $10,000,000. Promptly after the Agent's receipt of such notice of reduction, the Agent shall notify each Bank of the proposed reduction and such reduction shall be effective on the date specified in BorrowerParent's notice with respect to such reduction and shall reduce the Commitment of each Bank proportionately in accordance with its Pro Rata Percentage. After each such reduction, the commitment fee shall be calculated upon the aggregate Commitments as so reduced. The Commitment of each Bank shall automatically terminate on the earlier of the Maturity Date or in the event of acceleration of the maturity date of the Notes. Each reduction of the Commitments hereunder shall be irrevocable.

Reduction or Termination of the Commitments. The Borrower may at any time or from time to time reduce or terminate the Commitment of each Bank by giving not less than three (3) full Business Days' prior written notice to such effect to the Agent; provided, that any partial reduction shall be in an amount of not less than $5,000,000 C$3,000,000 or an integral multiple of $5,000,000 C$3,000,000 in excess thereof. Promptly after the Agent's receipt of such notice of reduction, the Agent shall notify each Bank of the proposed reduction and such reduction shall be effective on the date specified in Borrower's notice with respect to such reduction and shall reduce the Commitment of each Bank proportionately in accordance with its Pro Rata Percentage. After each such reduction, the commitment fee shall be calculated upon the aggregate Commitments as so reduced. The Commitment of each Bank shall automatically terminate on the Maturity Date or in the event of acceleration of the maturity date of the Notes. Each reduction of the Commitments hereunder shall be irrevocable.