Common use of Termination or Reduction of Revolving Commitments Clause in Contracts

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ notice to the Administrative Agent, to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, that no such termination or reduction of Revolving Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the aggregate Revolving Extensions of Credit under the relevant facility would exceed the aggregate Revolving Commitments under such Facility. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ notice to the Senior Administrative Agent, to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, provided that no such termination or reduction of Revolving Commitments shall be permitted (a) during the Certain Funds Period or (b) if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the aggregate Total Revolving Extensions of Credit under the relevant facility would exceed the aggregate Total Revolving Commitments under such FacilityCommitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple of $500,000 in excess thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ ' notice to the Administrative Agent, to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, provided that no such termination or reduction of Revolving Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the aggregate outstanding amount of Revolving Extensions of Credit under the relevant facility would exceed the aggregate amount of Revolving Commitments under such FacilityCommitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ ' notice to the Administrative AgentAgent (which shall promptly notify each of the Lenders), to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, provided that no such termination or reduction of Revolving Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the aggregate Total Revolving Extensions of Credit under and the relevant facility Competitive Loans would exceed the aggregate Total Revolving Commitments under such FacilityCommitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ Days prior written notice to the Administrative AgentAgent (or telephonic notice confirmed promptly in writing), to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, provided that no such termination or reduction of Revolving Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the aggregate Total Revolving Extensions of Credit under the relevant facility would exceed the aggregate Total Revolving Commitments under such FacilityCommitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ ' prior written notice to the Administrative AgentAgent (or telephonic notice confirmed promptly in writing), to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, provided that no such termination or reduction of Revolving Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the aggregate Total Revolving Extensions of Credit under the relevant facility would exceed the aggregate Total Revolving Commitments under such FacilityCommitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ notice to the Administrative Agent, to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, provided that no such termination or reduction of Revolving Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the aggregate outstanding amount of Revolving Extensions of Credit under the relevant facility would exceed the aggregate amount of Revolving Commitments under such FacilityCommitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.

Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not less than three Business Days’ ' notice to the Administrative Agent, to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided, provided that no such termination or reduction of Revolving Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereofthereof pursuant to Section 2.9, the aggregate Total Revolving Extensions of Credit under the relevant facility would exceed the aggregate Total Revolving Commitments under such FacilityCommitments. Any such reduction shall be in an amount equal to $1,000,00010,000,000, or a whole an integral multiple of $1,000,000 in excess thereof, and shall reduce permanently the relevant Revolving Commitments then in effect.