Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty (30) days prior written notice to the Program Agent terminate in whole or reduce in part the unused portion of the Total Commitment; provided, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lender.
Appears in 3 contracts
Samples: Revolving Credit and Security Agreement (Van Kampen Senior Loan Fund), Revolving Credit and Security Agreement (Van Kampen Senior Loan Fund), Revolving Credit and Security Agreement (Van Kampen Senior Loan Fund)
Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty ten (3010) days days' prior written notice to the Program Agent terminate in whole or reduce in part the unused portion of the Total Commitment; provided, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lender.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Belmar Capital Fund LLC), Revolving Credit and Security Agreement (Belport Capital Fund LLC)
Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty (30) days days' prior written notice to the Program Agent terminate in whole or reduce in part the unused portion of the Total Commitment; provided, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lender.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Liberty Floating Rate Advantage Fund), Revolving Credit Agreement (Liberty Financial Companies Inc /Ma/)
Termination or Reduction of the Total Commitment. (a) The Borrower may at any time, upon thirty (30) days prior written notice to the Program Agent terminate in whole or reduce in part the unused portion of the Total Commitment; providedPROVIDED, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lender.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Ing Prime Rate Trust)
Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty (30) days days' prior written notice to the Program Agent terminate in whole or reduce in part the unused portion of the Total Commitment; providedPROVIDED, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lender.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Highland Floating Rate Advantage Fund)
Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty (30) days prior written notice to the Program Agent terminate in whole or reduce in part the unused portion of the Total Commitment; provided, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lender.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Invesco Prime Income Trust)
Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty (30) days prior written notice to the Program Agent Agent, terminate in whole or reduce in part the unused portion of the Total Commitment; provided, provided that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any Upon any such reduction of in the Total Commitment Commitment, the Borrower shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lenderimmediately make any repayment required pursuant to Section 2.05(e).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (First Trust Senior Floating Rate Income Fund Ii)
Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty (30) days prior written notice to the Program Agent Agent, terminate in whole or reduce in part the unused portion of the Total Commitment; provided, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 5;000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender CRC Related Commitment of each Secondary Lenderand the PRFC Related Commitment.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Van Kampen Senior Income Trust)
Termination or Reduction of the Total Commitment. The Borrower may at any time, upon thirty (30) days prior written notice to the Program Agent terminate in whole or reduce in part the unused portion of the Total Commitment; providedPROVIDED, that each such partial reduction of the Total Commitment shall be in an amount equal to at least $5,000,000 or an integral multiple thereof. Any reduction of the Total Commitment shall reduce ratably (or terminate) the Secondary Lender Commitment of each Secondary Lender.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Managed High Yield Plus Fund Inc)
