Voluntary Reduction of Commitment. Upon at least five (5) Business Days' prior written notice, the Company shall have the right, without premium or penalty, to reduce ratably in part or terminate in whole the unused portions of the respective Commitments of the Banks provided that each partial reduction shall be in the aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof.
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Samples: Credit Agreement (Group Maintenance America Corp), Credit Agreement (Group Maintenance America Corp), Credit Agreement (Group Maintenance America Corp)
Voluntary Reduction of Commitment. Upon at least five three (53) Business Days' prior written notice, the Company shall have the right, without premium or penalty, to reduce ratably in part or terminate terminate: (i) the Revolving Loan Credit Commitments, in whole the unused portions of the respective Commitments of the Banks provided that each partial reduction shall be or in part, in the aggregate amount of $5,000,000 1,500,000.00 or any integral multiple multiples thereof, and (ii) the Acquisition Loan Commitment, in whole or in part, in the amount of $1,000,000 in excess thereof3,000,00.00.
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Voluntary Reduction of Commitment. Upon at least five three (53) Business Days' prior written notice, the Company shall have the right, without premium or penalty, to reduce ratably or terminate the Commitment in part or terminate in whole the unused portions of the respective Commitments of the Banks provided whole, provided, that each partial any reduction shall be in the aggregate amount of $5,000,000 500,000.00 or any integral multiple multiples thereof and, provided, further, the Company shall have made comparable provisions reducing the outstanding principal balance owing on its Indebtedness owing to the Other Senior Lenders in accordance with the terms of $1,000,000 in excess thereofthe Intercreditor Agreement.
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