Common use of Reductions of the Commitment Amounts Clause in Contracts

Reductions of the Commitment Amounts. (a) Micro may, from time to time on any Business Day, voluntarily reduce the Total Commitment Amount; provided that: (i) All such reductions shall require at least three and not more than five Business Days’ prior notice to the Administrative Agent and shall be permanent, and any partial reduction thereof shall be in a minimum amount of $5,000,000 and in an integral multiple of $1,000,000 (or, if less, in an amount equal to the Total Commitment Amount at such time); (ii) Micro shall not voluntarily reduce the Total Commitment Amount pursuant to this section to an amount which, on the date of proposed reduction, is less than the aggregate Outstanding Credit Extensions of all the Lenders; (iii) Any such reduction shall be allocated to each Lender pro rata according to such Lender’s Percentage of the Total Commitment Amount; and (iv) Once so reduced, the Total Commitment Amount may not be increased. (b) Micro may, from time to time on any Business Day, voluntarily reduce the Swing Line Loan Commitment Amount; provided that: (i) All such reductions shall require at least three and not more than five Business Days’ prior notice to the Administrative Agent and shall be permanent, and any partial reduction thereof shall be in a minimum amount of $5,000,000 and in an integral multiple of $1,000,000 (or, if less, in an amount equal to the Swing Line Loan Commitment Amount at such time); (ii) Micro shall not voluntarily reduce the Swing Line Loan Commitment Amount pursuant to this section to an amount which, on the date of proposed reduction, is less than the aggregate principal amount of all outstanding Swing Line Loans of the Swing Line Lender; and (iii) Once so reduced, the Swing Line Loan Commitment Amount may not be increased.

Reductions of the Commitment Amounts. (a) Micro may, from time to time on any Business Day, voluntarily reduce the Total Commitment Amount; provided that: (i) All such reductions shall require at least three and not more than five Business Days’ prior notice to the Administrative Agent and shall be permanent, and any partial reduction thereof shall be in a minimum amount of $5,000,000 and in an integral multiple of $1,000,000 (or, if less, in an amount equal to the Total Commitment Amount at such time); (ii) Micro shall not voluntarily reduce the Total Commitment Amount pursuant to this section to an amount which, on the date of proposed reduction, is less than the aggregate Outstanding Credit Extensions of all the Lenders; (iii) Any such reduction shall be allocated to each Lender pro rata according to such Lender’s Percentage of the Total Commitment Amount; and (iviii) Once so reduced, the Total Commitment Amount may not be increased. (b) Micro may, from time to time on any Business Day, voluntarily reduce the Swing Line Loan Commitment Amount; provided that: (i) All such reductions shall require at least three and not more than five Business Days’ prior notice to the Administrative Agent and shall be permanent, and any partial reduction thereof shall be in a minimum amount of $5,000,000 and in an integral multiple of $1,000,000 (or, if less, in an amount equal to the Swing Line Loan Commitment Amount at such time); (ii) Micro shall not voluntarily reduce the Swing Line Loan Commitment Amount pursuant to this section to an amount which, on the date of proposed reduction, is less than the aggregate principal amount of all outstanding Swing Line Loans of the Swing Line Lender; and (iii) Once so reduced, the Swing Line Loan Commitment Amount may not be increased.