Common use of Reductions of the Commitments Clause in Contracts

Reductions of the Commitments. (a) On any Business Day during the Series 1998-1 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' prior written notice to the Funding Agent (effective upon receipt) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment Reduction") in an aggregate amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof; provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 1998-1 Invested Amount on such date, the Series 1998-1 Invested Amount would exceed the Aggregate Commitment Amount then in effect. Each APA Banks's Commitment shall be reduced by such APA Bank's Commitment Percentage of the amount of such Commitment Reduction.

Reductions of the Commitments. (a) On any Business Day during the Series 1998-1 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' Days prior written notice to the Funding Agent (effective upon receipt) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment ReductionCOMMITMENT REDUCTION") in an a minimum aggregate amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof; provided PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 1998-1 Invested Amount on such date, the Series 1998-1 Invested Amount would exceed the Aggregate Commitment Maximum Invested Amount then in effect. Each APA BanksBank's Commitment shall be reduced by such APA Bank's Commitment Percentage Pro Rata Share of the amount of such Commitment Reduction.

Reductions of the Commitments. (a) On any Business Day during the Series 1998-1 2 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' prior written notice to the Funding Agent (effective upon receipt) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment ReductionCOMMITMENT REDUCTION") in an aggregate amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof; provided PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 1998-1 2 Invested Amount on such date, the Series 1998-1 2 Invested Amount would exceed the Aggregate Commitment Amount then in effect. Each APA Banks's Commitment shall be reduced by such APA Bank's Commitment Percentage of the amount of such Commitment Reduction.

Reductions of the Commitments. (a) On any Business Day during the Series 19982003-1 Revolving Period, the Company, on behalf of 34 the Trust, may, upon three ten Business Days' prior written notice to the Funding Agent (effective upon receipt) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment ReductionCOMMITMENT REDUCTION") in an a minimum aggregate amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof; provided PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 19982003-1 Invested Amount on such date, the Series 19982003-1 Invested Amount would exceed the Aggregate Commitment Maximum Invested Amount then in effect. Each APA BanksBank's Commitment shall be reduced by such APA Bank's Commitment Percentage Pro Rata Share of the amount of such Commitment Reduction.

Reductions of the Commitments. (a) On any Business Day during the Series 1998-1 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' prior written notice to the Funding Agent (effective upon receipt) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment ReductionCOMMITMENT REDUCTION") in an a minimum aggregate amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof; provided PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 1998-1 Invested Amount on such date, the Series 1998-1 Invested Amount would exceed the Aggregate Commitment Amount then in effect. Each APA BanksBank's Commitment shall be reduced by such APA Bank's Commitment Percentage of the amount of such Commitment Reduction.