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

Termination or Reduction of Total Revolving Commitments. The Borrower may, upon prior written notice from the Borrower to the Administrative Agent, terminate the total Revolving Commitments or from time to time permanently reduce the total Revolving Commitments; provided, however, that (i) any such notice shall be received by the Administrative Agent not later than (A) ten (10) Business Days prior to the date of termination or (B) three (3) Business Days prior to the date of reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof, and (iii) after giving effect to any reduction of the total Revolving Commitments, the total Revolving Commitments shall not be less than (A) the total Revolving Exposures or (B) the Letter of Credit Sublimit. The Administrative Agent will promptly notify the respective Lenders of any such notice of termination or reduction of the total Revolving Commitments. Any reduction of the Revolving Commitments shall be applied to the Revolving Commitment of each Lender according to its Pro Rata Share. All fees accrued with respect thereto until the effective date of any termination of the total Revolving Commitments shall be paid on the effective date of such termination.

Termination or Reduction of Total Revolving Commitments. (a) The Borrower Borrowers may, upon prior written notice from the Borrower Representative to the Administrative Agent, terminate the total Revolving Commitments or from time to time permanently reduce the total Revolving Commitments; providedprovided , however, that (ia) any such notice shall be received by the Administrative Agent not later than 11:00 a.m. (Ai) ten (10) Business Days prior to the date of termination or (Bii) three (3) Business Days prior to the date of reduction, (iib) any such partial reduction shall be in an aggregate amount of $5,000,000 250,000 or any whole multiple of $1,000,000 250,000 in excess thereof, and (iiic) after giving effect to any reduction of the total Revolving Commitments, the total Revolving Commitments shall not be less than (A) the total Revolving Exposures or (B) the Letter of Credit SublimitExposures. The Administrative Agent will promptly notify the respective Revolving Lenders of any such notice of termination or reduction of the total Revolving Commitments. Any reduction of the total Revolving Commitments shall be applied to the Revolving Commitment of each Lender according to its Pro Rata Share. All fees accrued with respect thereto until the effective date of any termination of the total Revolving Commitments shall be paid on the effective date of such termination.

Termination or Reduction of Total Revolving Commitments. (a) The Borrower may, upon prior written notice from the Borrower to the Administrative Agent, terminate the total Revolving Commitments or from time to time permanently reduce in part the total Revolving Commitments; provided, however, that (ia) any such notice shall be received by the Administrative Agent not later than (A) ten (10) 1:00 p.m. on the Business Days Day prior to the date of termination or (B) three (3) Business Days prior to the date of reduction, (iib) any such partial reduction shall be in an aggregate amount of $5,000,000 1,000,000 or any whole multiple of $1,000,000 500,000 in excess thereof, and (iiic) after giving effect to any reduction of the total Revolving Commitments, the total Revolving Commitments shall not be less than (Ai) the total Revolving Exposures or (Bii) the sum of the Letter of Credit Sublimit and the Swingline Loan Sublimit. The Administrative Agent will promptly notify the respective Lenders of any such notice of termination or reduction of the total Revolving Commitments. Any reduction of the Revolving Commitments shall be applied to the Revolving Commitment of each Lender according to its Pro Rata Share. All fees accrued with respect thereto until the effective date of any termination of the total Revolving Commitments shall be paid on the effective date of such termination.

Termination or Reduction of Total Revolving Commitments. (a) The Borrower Borrowers may, upon prior written notice from the Borrower Representative to the Administrative Agent, terminate the total Revolving Commitments or from time to time permanently reduce the total Revolving Commitments; providedprovided , however, that (ia) any such notice shall be received by the Administrative Agent not later than 11:00 a.m. (Ai) ten (10) Business Days prior to the date of termination or (Bii) three (3) Business Days prior to the date of reduction, (iib) any such partial reduction shall be in an aggregate amount of $5,000,000 250,000 or any whole multiple of $1,000,000 250,000 in excess thereof, and (iiic) after giving effect to any reduction of the total Revolving Commitments, the total Revolving Commitments shall not be less than (A) the total Revolving Exposures or (B) the Letter of Credit SublimitExposures. The Administrative Agent will promptly notify the respective Revolving Lenders of any such notice of termination or reduction of the total Revolving Commitments. Any reduction of the total Revolving Commitments shall be applied to the Revolving Commitment of each Lender according to its Pro Rata Share. All fees accrued with respect thereto until the effective date of any termination of the total Revolving Commitments shall be paid on the effective date of such termination.. 2.07