Voluntary Reduction of Revolving Commitment Amount; Fee; Termination Sample Clauses

Voluntary Reduction of Revolving Commitment Amount; Fee; Termination. (a) Subject to Section 6.1(c) below, the Company may from time to time on at least one Business Day’s prior written notice to the Agent (which shall promptly advise each Lender thereof) permanently reduce the Revolving Commitment Amount to an amount not less than the Revolving Outstandings. All reductions of the Revolving Commitment Amount shall reduce the Revolving Commitments pro rata among the Lenders according to their respective Pro Rata Shares. (b) [Reserved]. (c) The Company may not reduce the Revolving Commitment Amount unless it pays the fees required pursuant to this Section 6.1(c). The Company may reduce the Revolving Commitment Amount upon at least ten Business Days’ notice to the Agent (which shall promptly advise each Lender thereof) and payment of the early termination fee set forth below. If the Revolving Commitment Amount is reduced pursuant to this Section 6.1, the Company shall pay to the Agent, for the ratable account of the Lenders, an early termination fee upon each such reduction equal to 0.25% of the amount of such reduction.
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