Common use of Termination or Reduction of the Commitment Clause in Contracts

Termination or Reduction of the Commitment. The Borrower shall have the right, upon no less than three Business Days' prior written notice to the Bank, to terminate in whole or reduce in part the unused portion of the Commitment, provided that each partial reduction shall be in the amount of $50,000 or an integral multiple thereof. Simultaneously with any termination or partial reduction of the Commitment, the Borrower shall pay the aforesaid commitment fee as accrued and unpaid to the date thereof.

Termination or Reduction of the Commitment. The Borrower shall have the right, may at any time and from time to time upon no less than three Business Days' prior written notice to the Bank, to Bank permanently terminate the Commitment in whole or permanently reduce the Commitment Amount in part the unused portion of the Commitmentpart, provided that (i) the Commitment may not be terminated while any Advances and Letters of Credit remain outstanding, (ii) each partial reduction of the Commitment Amount shall be in the amount of $50,000 1,000,000 or an integral a multiple thereof. Simultaneously with any termination or partial , and (iii) no reduction of shall reduce the Commitment, Commitment Amount to an amount less than the Borrower shall pay the aforesaid commitment fee as accrued and unpaid to the date thereofOutstandings.

Termination or Reduction of the Commitment. The Borrower shall have the right, upon no less than at least three Business Days' prior written ’ notice to the BankLender, to terminate in whole or reduce in part part, the unused portion portions of the CommitmentCommitment of the Lender, provided that each partial reduction shall be in the aggregate amount of $50,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof. Simultaneously with any termination Once terminated or partial reduction of the Commitmentreduced, the Borrower shall pay the aforesaid commitment fee as accrued and unpaid to the date thereofCommitment may not be reinstated.

Termination or Reduction of the Commitment. The Borrower shall have the right, upon no less than three at least one Business Days' prior written Day’s notice to the BankAgent, to terminate in whole or permanently reduce ratably in part the unused portion portions of the CommitmentCommitment of the Lenders, provided that each partial reduction shall be in the aggregate amount of $50,000 5,000,000 or an integral multiple thereof. Simultaneously with any termination or partial reduction of the Commitment, the Borrower shall pay the aforesaid commitment fee as accrued and unpaid to the date $500,000 in excess thereof.