Common use of Reductions in Aggregate Commitment Clause in Contracts

Reductions in Aggregate Commitment. The Borrowers may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,000, upon at least three Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Nationwide Financial Services Inc/), 364 Day Credit Agreement (Nationwide Financial Services Inc/), Five Year Credit Agreement (Nationwide Financial Services Inc/)

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Reductions in Aggregate Commitment. (a) The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three five (5) Business Days’ written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date Letter of any termination of the obligations of the Lenders to make Loans hereunderCredit Obligations.

Appears in 3 contracts

Samples: Assignment Agreement (Navigators Group Inc), Assignment Agreement (Navigators Group Inc), Assignment Agreement (Navigators Group Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, whole or in part ratably among the Lenders in a minimum amount of $15,000,000 and integral multiples of $10,000,0002,500,000 in excess thereof, upon at least three two Business Days' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Syndicated Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 3 contracts

Samples: Year Revolving Credit Agreement (TJX Companies Inc /De/), Year Revolving Credit Agreement (TJX Companies Inc /De/), Year Revolving Credit Agreement (TJX Companies Inc /De/)

Reductions in Aggregate Commitment. The Borrowers Borrower may without premium or penalty permanently reduce the Aggregate Commitment in whole, or in part part, ratably among the Lenders in aggregate integral multiples of $10,000,0005,000,000, upon at least three two (2) Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, ; provided that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall , after taking into account any prepayments to be payable made on the effective date of any termination of the obligations of the Lenders to make Loans hereunderor before such date.

Appears in 3 contracts

Samples: Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment (and the Maximum Aggregate Commitment) in whole, or in part ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three ten Business Days' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Susa Partnership Lp), Unsecured Revolving Credit Agreement (Susa Partnership Lp)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees Facility Fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 2 contracts

Samples: Three Year Credit Agreement (Coachmen Industries Inc), Credit Agreement (Coachmen Industries Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the sum of the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on Advances and the effective date of any termination of the obligations of the Lenders to make Loans hereunderaggregate outstanding L/C Obligations and Swing Line Loans.

Appears in 1 contract

Samples: Credit Agreement (Omnicare Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in a minimum amount of $1,000,000 and in integral multiples of $10,000,0001,000,000 in excess thereof, upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount Dollar Amount, calculated as of the date of such reduction of the Aggregate Commitment, of all outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Enesco Group Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three ten Business Days' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Assignment Agreement (Storage Usa Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral a minimum aggregate amount of $5,000,000 (and multiples of $10,000,000500,000 in excess thereof), upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Credit Agreement (Firstar Corp /Wi/)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,000, upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunderAggregate Outstanding Credit Exposure.

Appears in 1 contract

Samples: Credit Agreement (Tecumseh Products Co)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples a minimum aggregate amount of $10,000,000, upon at least three five Business Days' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction; PROVIDED, provided, howeverHOWEVER, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunderTotal Outstandings.

Appears in 1 contract

Samples: Credit Agreement (Interim Services Inc)

Reductions in Aggregate Commitment. The Borrowers (a) Prior to the Availability Termination Date, the Borrower may without premium or penalty permanently reduce the Aggregate Commitment in whole, or in part part, ratably among the Lenders in aggregate integral multiples of $10,000,0005,000,000 (or if less, the Aggregate Commitment), upon at least three two (2) Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Term Loan Agreement (Oklahoma Gas & Electric Co)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, whole or in part ratably among the Lenders in a minimum amount of $15,000,000 and integral multiples of $10,000,0002,500,000 in excess thereof, upon at least three two Business Days' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction; PROVIDED, provided, howeverHOWEVER, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Day Revolving Credit Agreement (TJX Companies Inc /De/)

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Reductions in Aggregate Commitment. The Borrowers Borrower may ---------------------------------- permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three Business Days’ Day's written notice to the Agent, which notice shall specify specify, the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the sum of (i) the Dollar Equivalent of the aggregate principal amount of the then outstanding Advances. All accrued commitment fees shall be payable on Advances plus (ii) the effective date Facility Letter ---- of any termination of the obligations of the Lenders to make Loans hereunderCredit Obligations.

Appears in 1 contract

Samples: Revolving Credit Agreement (BDM International Inc /De)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in a minimum amount of $5,000,000 and in integral multiples of $10,000,0001,000,000 in excess thereof, upon at least three Business Days' written notice to the AgentBank, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount Dollar Amount, calculated as of the date of such reduction of the Commitment, of all outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Assignment Agreement (Enesco Group Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may ---------------------------------- permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,0001,000,000, upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that reduction (the amount of the "Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunderReduction Notice").

Appears in 1 contract

Samples: Assignment Agreement (Gardner Denver Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral a minimum amount of $3,000,000 (and in multiples of $10,000,0003,000,000 if in excess thereof), upon at least three (3) Business Days' prior written notice to the AgentAdministrative Agent of such reduction, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.Aggregate Outstanding Credit

Appears in 1 contract

Samples: Assignment Agreement (Applebees International Inc)

Reductions in Aggregate Commitment. The Borrowers Subject to Section 2.17, ---------------------------------- the Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral a minimum aggregate amount of $5,000,000 (and multiples of $10,000,0001,000,000 in excess thereof), upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the Dollar Equivalent of the aggregate principal amount of the then outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Credit Agreement (Jostens Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, however that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees Facility Fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Coachmen Industries Inc)

Reductions in Aggregate Commitment. The Borrowers Borrower may permanently reduce the Aggregate Commitment in whole, or in part part, ratably among the Lenders in integral a minimum aggregate amount of $5,000,000 (and multiples of $10,000,000500,000 in excess thereof), upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Appears in 1 contract

Samples: Assignment Agreement (Firstar Corp /Wi/)

Reductions in Aggregate Commitment. The Borrowers Borrower may without premium or penalty permanently reduce the Aggregate Commitment in whole, or in part part, ratably among the Lenders 20 in aggregate integral multiples of $10,000,0005,000,000 (or if less, the Aggregate Commitment), upon at least three two (2) Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, ; provided that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall Aggregate Outstanding Credit Exposure, after taking into account any prepayments to be payable made on the effective date of any termination of the obligations of the Lenders to make Loans hereunderor before such date.

Appears in 1 contract

Samples: Credit Agreement (Oge Energy Corp.)

Reductions in Aggregate Commitment. (a) The Borrowers Borrower may permanently reduce the Aggregate Commitment Commitment, in whole, whole or in part part, ratably among the Lenders in integral multiples of $10,000,0005,000,000, upon at least three five (5) Business Days’ written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding AdvancesAggregate Outstanding Credit Exposure. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans Credit Extensions hereunder.

Appears in 1 contract

Samples: Credit Agreement (Department 56 Inc)

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