Common use of Voluntary Reduction of Commitments Clause in Contracts

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part upon three (3) Business Days' prior written notice to the Administrative Agent, provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,000, and in integral multiples of $1,000,000 in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Borrower upon three (3) Business Days' prior written notice to the Administrative Agent, provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,000, and in integral multiples of $1,000,000 in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Borrower upon three (3) Business Days' prior written notice by the Borrower to the Administrative AgentAgent (and the Administrative Agent shall promptly notify the Lenders), provided that (i) after giving -------- effect to any voluntary reduction in the Revolving Commitments, the aggregate principal amount of Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum aggregate principal amount of in the case of Aggregate Revolving Committed Amount, $5,000,000, 5,000,000 and in integral multiples of $1,000,000 in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Borrower upon three (3) Business Days' Days prior written notice to the Administrative Agent, provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations Total Outstanding Amount shall not exceed the Aggregate Revolving Committed Amountaggregate amount of Commitments, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,0005 million, and in integral multiples of $1,000,000 1 million in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be ---------------------------------- terminated ---------------------------------- or permanently reduced in whole or in part upon three (3) Business Days' prior written notice to the Administrative Agent, provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the lesser of (A) the Aggregate Revolving Committed Amount, as reduced, or (B) the Borrowing Base, and (ii) partial reductions shall be in a minimum principal amount of $5,000,000, 2,500,000 and in integral multiples of $1,000,000 500,000 in excess thereof. The Administrative Agent shall promptly notify the Lenders of any such reduction.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Borrower upon three (3) Business Days' Days prior written notice to the Administrative Agent, ; provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,0001 million, and in integral multiples of $1,000,000 100,000 in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Borrower upon three (3) Business Days' Days prior written notice to the Administrative Agent, provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,0002 million, and in integral multiples of $1,000,000 250,000 in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Company upon three (3) Business Days' Days prior written notice to the Administrative Agent, ; provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,0005 million, and in integral multiples of $1,000,000 1 million in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Borrower upon three (3) Business Days' Days prior written notice to the Administrative Agent, provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,0005 million, and in integral multiples of $1,000,000 1 million in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be ---------------------------------- terminated ---------------------------------- or permanently reduced in whole or in part upon three (3) Business Days' prior written notice to the Administrative Agent, provided -------- that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the lesser of (A) the Aggregate Revolving Committed Amount, as reduced, or (B) the Borrowing Base, and (ii) partial reductions shall be in a minimum principal amount of $5,000,000, 2,500,000 and in integral multiples of $1,000,000 500,000 in excess thereof. The Administrative Agent shall promptly notify the Lenders of any such reduction.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part by the Borrower upon three (3) Business Days' Days prior written notice to the Administrative Agent, provided that (i) after giving -------- effect to any voluntary reduction the aggregate amount of Revolving Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,000, 2,500,000 and in integral multiples of $1,000,000 in excess thereof.

Voluntary Reduction of Commitments. The Commitments may be terminated ---------------------------------- or permanently reduced in whole or in part upon three (3) Business Days' prior written notice by the Borrower to the Administrative Agent, ; provided that (i) after giving -------- effect to any voluntary reduction in the Commitments, the aggregate principal amount of Revolving Obligations shall not exceed the Aggregate Revolving Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $5,000,000, 1,000,000 and in integral multiples of $1,000,000 100,000 in excess thereof.