TERMINATION OF COMMITMENTS AND RIGHT OF SUBSTITUTION. (i) The Company may at any time or from time to time terminate in whole or ratably in part the Commitments of all of the Lenders to an amount not less than the aggregate principal amount of the Loans then outstanding under this Agreement, by giving the Lenders and the Administrative Agent not less than two (2) Banking Days' notice of the aggregate amount of such termination (which shall not be less than Five Million Dollars ($5,000,000) or any greater amount evenly divisible by One Million Dollars ($1,000,000)) and such Lender's proportionate amount of such termination. If the Company terminates in whole the Commitments of the Lenders, on the effective date of such termination (provided the Company has prepaid in full the unpaid principal balance, if any, of the Notes outstanding together with all accrued and unpaid interest, if any, Facility Fees accrued and unpaid, and any applicable prepayment premiums) all of the Notes outstanding shall be delivered to the Company marked "Cancelled". Any termination of the Commitments shall be irrevocable during the remainder of the Commitment Period.
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Samples: Credit Agreement (Sherwin Williams Co), Day Revolving Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co)
TERMINATION OF COMMITMENTS AND RIGHT OF SUBSTITUTION. (i) The Company may at any time or from time to time terminate in whole or ratably in part the Commitments of all of the Lenders Banks to an amount not less than the aggregate principal amount of the Loans then outstanding under this Agreement, by giving the Lenders Banks and the Administrative Agent not less than two (2) Banking Days' notice of the aggregate amount of such partial termination (which shall not be less than Five Million Dollars ($5,000,000) or any greater amount evenly divisible by One Million Dollars ($1,000,000)) and such LenderBank's proportionate amount of such partial termination. If the Company terminates in whole the Commitments of the LendersBanks, on the effective date of such termination (provided the Company has prepaid in full the unpaid principal balance, if any, of the Notes outstanding together with all accrued and unpaid interest, if any, Facility Fees accrued and unpaid, and any applicable prepayment premiums) all of the Notes outstanding shall be delivered to the Company marked "Cancelled". Any partial termination of the Commitments shall be irrevocable during the remainder of the Commitment Period.
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TERMINATION OF COMMITMENTS AND RIGHT OF SUBSTITUTION. (i) The Company may at any time or from time to time terminate in whole or ratably in part the Commitments of all of the Lenders Banks to an amount not less than the aggregate principal amount of the Loans then outstanding under this Agreement, by giving the Lenders Banks and the Administrative Agent not less than two (2) Banking Days' notice of the aggregate amount of such partial termination (which shall not be less than Five Million Dollars ($5,000,000) or any greater amount evenly divisible by One Million Dollars ($1,000,000)) ) and such LenderBank's proportionate amount of such partial termination. If the Company terminates in whole the Commitments of the LendersBanks, on the effective date of such termination (provided the Company has prepaid in full the unpaid principal balance, if any, of the Notes outstanding together with all accrued and unpaid interest, if any, Facility Fees accrued and unpaid, and any applicable prepayment premiums) all of the Notes outstanding shall be delivered to the Company marked "Cancelled". Any partial termination of the Commitments shall be irrevocable during the remainder of the Commitment Period.
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