Shutdown/Demobilization/Transfer Commitment Reduction Threshold Clause Samples

Shutdown/Demobilization/Transfer Commitment Reduction Threshold. Notwithstanding anything to the contrary set forth above, at such time as the aggregate reduction in the Revolving Commitments under clauses (i) through (iv) and (vi) of this Section 2.09(h) equals $30,000,000 (the “Shutdown/Demobilization/Transfer Commitment Reduction Threshold”), the Revolving Commitments shall not be subject to any further reduction under clauses (i) through (iv) and (vi) of this Section 2.09(h), and, instead, the Borrowers shall be required to deliver to the Administrative Agent cash to be held by the Administrative Agent in a pledged collateral account in an amount equal to the amount by which the aggregate required reductions in the Revolving Commitments which would have been required under this Section 2.09(h) but for this clause (vii) exceed $30,000,000.