Common use of Voluntary Reduction Clause in Contracts

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reducereduce in whole or part, without premium or penalty, (i) the entire Revolving Credit Commitment at Aggregate Commitments; provided that any time or (ii) portions of the Revolving Credit Commitment, from time to time, such partial reduction shall be in an aggregate principal amount not less than $5,000,000 or any whole multiple of $1,000,000 in excess thereof. Any reduction of the Aggregate Commitments shall be applied to the Commitment of each Lender according to its Commitment Percentage.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days Days’ prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five two (52) Business Days prior written notice to Lender (the Administrative Agent“Notice of Prepayment”), to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 1,000,000 or any whole multiple of $1,000,000 250,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Aggregate Commitment at any time or (ii) portions of the Revolving Credit Aggregate Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 3,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The US Borrower shall have the right at any time and from time to time, upon at least five three (53) Business Days prior written notice to the Administrative AgentAgent (or such shorter period as the Administrative Agent may agree), to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 3,000,000 or any whole multiple of $1,000,000 in excess thereof.. Any reduction of the Revolving Credit Commitment shall be 50788495_7

Voluntary Reduction. The Borrower shall have the right at any time and from time to timeright, upon at least five three (53) Business Days prior irrevocable written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) at any time, the entire Revolving Credit Commitment at any time or the entire Stand-Alone L/C Commitment or (ii) portions of the Revolving Credit Commitment or the Stand-Alone L/C Commitment, from time to time, in each case, in an aggregate principal amount not less than $5,000,000 2,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice from the Borrower to the Administrative Agent, to permanently reduce, without premium or penalty, (i) reduce the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in Committed Amount by an aggregate principal amount not less than $5,000,000 or 1,000,000, plus any whole multiple multiples of $1,000,000 in excess thereofthereof or any amount in excess thereof which would reduce the Committed Amount to the aggregate sum of the outstanding Loans.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five three (53) Business Days prior irrevocable written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) (A) at any time, the entire Acquisition Commitment or the entire Revolving Credit Commitment at any time or (ii) portions of the (A) Revolving Credit Commitment or (B) the Acquisition Commitment, from time to time, in each case, in an aggregate principal amount not less than $5,000,000 2,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower Borrowers shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 500,000 or any whole multiple of $1,000,000 250,000 in excess thereof.

Voluntary Reduction. The Borrower Borrowers shall have the right at any time ------------------- and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment and/or Swingline Commitment at any time or (ii) portions of the Revolving Credit Commitment and/or Swingline Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 3,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower Borrowers shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice from the Borrowers to the Administrative AgentLender, to permanently reduce, without premium or penalty, (i) reduce the entire Revolving Maximum Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in Amount by an aggregate principal amount not less than $5,000,000 or 1,000,000, plus any whole multiple multiples of $1,000,000 in excess thereofthereof or any amount in excess thereof which would reduce the Maximum Credit Amount to the Amount Outstanding.

Voluntary Reduction. The Borrower Borrowers shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment and/or Swingline Commitment at any time or (ii) portions of the Revolving Credit Commitment and/or Swingline Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 2,000,000 or any whole multiple of $1,000,000 500,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice from the Borrower to the Administrative AgentLender, to permanently reduce, without premium or penalty, (i) reduce the entire Revolving Maximum Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in Amount by an aggregate principal amount not less than $5,000,000 or 1,000,000, plus any whole multiple multiples of $1,000,000 in excess thereofthereof or any amount in excess thereof which would reduce the Maximum Credit Amount to the Amount Outstanding.

Voluntary Reduction. The Borrower Borrowers shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment and/or Swingline Commitment at any time or (ii) portions of the Revolving Credit Commitment and/or Swingline Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 3,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to timeright, upon at least five three (53) Business Days prior irrevocable written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) at any time, the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in each case, in an aggregate principal amount not less than $5,000,000 2,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower Borrowers shall have the right at any time and from time to time, upon at least five four (54) Business Days Days’ prior written notice by the Company to the Administrative Agent, to permanently reduce, without premium or penaltypenalty (except as provided below), either (i) the entire Aggregate Revolving Credit Commitment at any time or (ii) portions of the Aggregate Revolving Credit Commitment, Commitment from time to time, in an aggregate principal Dollar Equivalent amount not less than $5,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any ------------------- time and from time to time, upon at least five (5) Business Days prior written notice from the Borrower to the Administrative AgentLender, to permanently reduce, without premium or penalty, (i) reduce the entire Revolving Maximum Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in Amount by an aggregate principal amount not less than $5,000,000 or 1,000,000, plus any whole multiple multiples of $1,000,000 in excess thereofthereof or any amount in excess thereof which would reduce the Maximum Credit Amount to the Amount Outstanding.

Voluntary Reduction. The Borrower shall have the right at any time and ------------------- from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 2,000,000 or any whole multiple of $1,000,000 500,000 in excess thereof, such partial reduction to be applied to reduce each Lender's Commitment pro rata in accordance with its Commitment.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Aggregate Commitment or Term-Out Amount at any time or (ii) portions of the Revolving Credit CommitmentAggregate Commitment or Term-Out Amount, from time to time, in an aggregate principal amount not less than $5,000,000 3,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five four (54) Business Days Days' prior written notice to the Administrative Agent, to permanently reduce, without premium or penaltypenalty (except as provided in clause (b) below), (i) the entire Aggregate Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 or any whole multiple of $1,000,000 in excess thereof.the

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days Days’ prior written notice from the Borrower to the Administrative Agent, to permanently reduce, without premium or penalty, (i) reduce the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in Committed Amount by an aggregate principal amount not less than $5,000,000 or 1,000,000, plus any whole multiple multiples of $1,000,000 in excess thereofthereof or any amount in excess thereof which would reduce the Committed Amount to the aggregate sum of the outstanding Loans.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days Days' prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower Borrowers shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 3,000,000 or any whole multiple of $1,000,000 in excess thereof.

Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Aggregate Commitment at any time or (ii) portions of the Revolving Credit Aggregate Commitment, from time to time, in an aggregate principal amount not less than $5,000,000 3,000,000 or any whole multiple of $1,000,000 in excess thereof. The amount of each partial permanent reduction shall be applied pro rata to reduce the remaining mandatory reduction amounts required under Section 2.6(b).