Common use of Voluntary Reductions of Commitments and Offshore Sublimits Clause in Contracts

Voluntary Reductions of Commitments and Offshore Sublimits. Borrowers’ Agent shall have the right, at any time and from time to time, (i) to terminate in whole or permanently reduce in part, without premium or penalty, the US Revolving Loan Commitments in an amount up to the amount by which the US Revolving Loan Commitments exceed the Total Utilization of US Revolving Loan Commitments at the time of such proposed termination or reduction, (ii) to terminate in whole or permanently reduce in part, without premium or penalty, the Multicurrency Revolving Loan Commitments in an amount up to the amount by which the Multicurrency Revolving Loan Commitments exceed the Total Utilization of Multicurrency Revolving Loan Commitments at the time of such proposed termination or reduction, (iii) to terminate in whole or permanently reduce in part, without premium or penalty, the Australian Revolving Loan Commitments in an amount up to the amount by which the Australian Revolving Loan Commitments exceed the Total Utilization of Australian Revolving Loan Commitments at the time of such proposed termination or reduction, (iv) to terminate in whole or permanently reduce in part, without premium or penalty, the Canadian Revolving Loan Commitments in an amount up to the amount by which the Canadian Revolving Loan Commitments exceed the Total Utilization of Canadian Revolving Loan Commitments at the time of such proposed termination or reduction, (v) to terminate in whole or permanently reduce in part, without premium or penalty, the Dutch Revolving Loan Commitments in an amount up to the amount by which the Dutch Revolving Loan Commitments exceed the Total Utilization of the Dutch Revolving Loan Commitments at the time of such proposed termination or reduction, and (vi) to terminate in whole or permanently reduce in part, without premium or penalty, the Swiss Revolving Loan Commitments in an amount up to the amount by which the Swiss Revolving Loan Commitments exceed the Total Utilization of the Swiss Revolving Loan Commitments at the time of such proposed termination or reduction. Borrowers’ Agent shall give not less than three Business Days’ prior written notice to Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, Administrative Agent shall notify each Lender of the proposed termination or partial reduction. Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, US Revolving Loan Commitment or the Multicurrency Revolving Loan Commitments, as the case may be, shall be effective on the date specified in the notice delivered by Borrowers’ Agent and shall reduce the applicable Offshore Revolving Loan Commitment, US Revolving Loan Commitment or Multicurrency Revolving Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share. Any such partial reduction of the Multicurrency Revolving Loan Commitments, the US Revolving Loan Commitment or the Offshore Revolving Loan Commitments shall be in an aggregate minimum amount of $5,000,000, and integral multiples of $1,000,000 in excess of that amount.

Voluntary Reductions of Commitments and Offshore Sublimits. Borrowers’ Agent shall have the right, at any time and from time to time, (i) to terminate in whole or permanently reduce in part, without premium or penalty, the US Revolving Loan Commitments in an amount up to the amount by which the US Revolving Loan Commitments exceed the Total Utilization of US Revolving Loan Commitments at the time of such proposed termination or reduction, (ii) to terminate in whole or permanently reduce in part, without premium or penalty, the Multicurrency UK Revolving Loan Commitments in an amount up to the amount by which the Multicurrency UK Revolving Loan Commitments exceed the Total Utilization of Multicurrency UK Revolving Loan Commitments at the time of such proposed termination or reduction, (iii) to terminate in whole or permanently reduce in part, without premium or penalty, the Australian Revolving Loan Commitments in an amount up to the amount by which the Australian Revolving Loan Commitments exceed the Total Utilization of Australian Revolving Loan Commitments at the time of such proposed termination or reduction, (iv) to terminate in whole or permanently reduce in part, without premium or penalty, the Canadian Revolving Loan Commitments in an amount up to the amount by which the Canadian Revolving Loan Commitments exceed the Total Utilization of the Canadian Revolving Loan Commitments at the time of such proposed termination or reduction, (v) to terminate in whole or permanently reduce in part, without premium or penalty, the Dutch Italian Revolving Loan Commitments in an amount up to the amount by which the Dutch Italian Revolving Loan Commitments exceed the Total Utilization of the Dutch Italian Revolving Loan Commitments at the time of such proposed termination or reduction, and (vi) prior to the Restatement Date, to terminate in whole or permanently reduce in part, without premium or penalty, the Swiss Revolving Term Loan Commitments in an amount up to the amount by which the Swiss Revolving Loan Commitments exceed the Total Utilization of the Swiss Revolving Loan Commitments at the time of such proposed termination or reductionCommitments. Borrowers’ Agent shall give not less than three Business Days’ prior written notice to Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, Administrative Agent shall notify each Lender of the proposed termination or partial reduction. Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, US the Revolving Loan Commitment Commitments or the Multicurrency Revolving Term Loan Commitments, as the case may be, Commitments shall be effective on the date specified in the notice delivered by Borrowers’ Agent and shall reduce the applicable Offshore Revolving Loan Commitment, US the Revolving Loan Commitment or Multicurrency Revolving the Term Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share. Any such partial reduction of the Multicurrency Revolving Loan Commitments, the US Revolving Term Loan Commitment Commitments or the Offshore Revolving Loan Commitments shall be in an aggregate minimum amount of $5,000,000, and integral multiples of $1,000,000 in excess of that amount.. 104

Voluntary Reductions of Commitments and Offshore Sublimits. Borrowers’ Agent shall have the right, at any time and from time to time, (i) to terminate in whole or permanently reduce in part, without premium or penalty, the US Revolving Loan Commitments in an amount up to the amount by which the US Revolving Loan Commitments exceed the Total Utilization of US Revolving Loan Commitments at the time of such proposed termination or reduction, (ii) to terminate in whole or permanently reduce in part, without premium or penalty, the Multicurrency UK Revolving Loan Commitments in an amount up to the amount by which the Multicurrency UK Revolving Loan Commitments exceed the Total Utilization of Multicurrency UK Revolving Loan Commitments at the time of such proposed termination or reduction, (iii) to terminate in whole or permanently reduce in part, without premium or penalty, the Australian Revolving Loan Commitments in an amount up to the amount by which the Australian Revolving Loan Commitments exceed the Total Utilization of Australian Revolving Loan Commitments at the time of such proposed termination or reduction, and (iv) to terminate in whole or permanently reduce in part, without premium or penalty, the Canadian Revolving Loan Commitments in an amount up to the amount by which the Canadian Revolving Loan Commitments exceed the Total Utilization of the Canadian Revolving Loan Commitments at the time of such proposed termination or reduction, (v) to terminate in whole or permanently reduce in part, without premium or penalty, the Dutch Italian Revolving Loan Commitments in an amount up to the amount by which the Dutch Italian Revolving Loan Commitments exceed the Total Utilization of the Dutch Revolving Loan Commitments at the time of such proposed termination or reduction, and (vi) to terminate in whole or permanently reduce in part, without premium or penalty, the Swiss Revolving Loan Commitments in an amount up to the amount by which the Swiss Revolving Loan Commitments exceed the Total Utilization of the Swiss Italian Revolving Loan Commitments at the time of such proposed termination or reduction. Borrowers’ Agent shall give not less than three Business Days’ prior written notice to Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, Administrative Agent shall notify each Lender of the proposed termination or partial reduction. Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, US Commitments or the Revolving Loan Commitment or the Multicurrency Revolving Loan Commitments, as the case may be, Commitments shall be effective on the date specified in the notice delivered by Borrowers’ Agent and shall reduce the applicable Offshore Revolving Loan Commitment, US Revolving Loan Commitment or Multicurrency the Revolving Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share. Any such partial reduction of the Multicurrency Revolving Loan Commitments, the US Revolving Loan Commitment Commitments or the Offshore Revolving Loan Commitments shall be in an aggregate minimum amount of $5,000,000, and integral multiples of $1,000,000 in excess of that amount.

Voluntary Reductions of Commitments and Offshore Sublimits. Borrowers’ ' Agent shall have the right, at any time and from time to time, (i) to terminate in whole or permanently reduce in part, without premium or penalty, the US Revolving Loan Commitments in an amount up to the amount by which the US Revolving Loan Commitments exceed the Total Utilization of US Revolving Loan Commitments at the time of such proposed termination or reduction, (ii) to terminate in whole or permanently reduce in part, without premium or penalty, the Multicurrency UK Revolving Loan Commitments in an amount up to the amount by which the Multicurrency UK Revolving Loan Commitments exceed the Total Utilization of Multicurrency UK Revolving Loan Commitments at the time of such proposed termination or reduction, (iii) to terminate in whole or permanently reduce in part, without premium or penalty, the Australian Revolving Loan Commitments in an amount up to the amount by which the Australian Revolving Loan Commitments exceed the Total Utilization of Australian Revolving Loan Commitments at the time of such proposed termination or reduction, (iv) to terminate in whole or permanently reduce in part, without premium or penalty, the Canadian Revolving Loan Commitments in an amount up to the amount by which the Canadian Revolving Loan Commitments exceed the Total Utilization of the Canadian Revolving Loan Commitments at the time of such proposed termination or reduction, (v) to terminate in whole or permanently reduce in part, without premium or penalty, the Dutch Italian Revolving Loan Commitments in an amount up to the amount by which the Dutch Italian Revolving Loan Commitments exceed the Total Utilization of the Dutch Italian Revolving Loan Commitments at the time of such proposed termination or reduction, and (vi) prior to the Restatement Date, to terminate in whole or permanently reduce in part, without premium or penalty, the Swiss Revolving Term Loan Commitments in an amount up to the amount by which the Swiss Revolving Loan Commitments exceed the Total Utilization of the Swiss Revolving Loan Commitments at the time of such proposed termination or reductionCommitments. Borrowers’ ' Agent shall give not less than three Business Days’ ' prior written notice to Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, Administrative Agent shall notify each Lender of the proposed termination or partial reduction. Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, US the Revolving Loan Commitment Commitments or the Multicurrency Revolving Term Loan Commitments, as the case may be, Commitments shall be effective on the date specified in the notice delivered by Borrowers’ ' Agent and shall reduce the applicable Offshore Revolving Loan Commitment, US the Revolving Loan Commitment or Multicurrency Revolving the Term Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share. Any such partial reduction of the Multicurrency Revolving Loan Commitments, the US Revolving Term Loan Commitment Commitments or the Offshore Revolving Loan Commitments shall be in an aggregate minimum amount of $5,000,000, and integral multiples of $1,000,000 in excess of that amount.

Voluntary Reductions of Commitments and Offshore Sublimits. Borrowers’ Agent shall have the right, at any time and from time to time, (i) to terminate in whole or permanently reduce in part, without premium or penalty, the US Revolving Loan Commitments in an amount up to the amount by which the US Revolving Loan Commitments exceed the Total Utilization of US Revolving Loan Commitments at the time of such proposed termination or reduction, (ii) to terminate in whole or permanently reduce in part, without premium or penalty, the Multicurrency Revolving Loan Commitments in an amount up to the amount by which the Multicurrency Revolving Loan Commitments exceed the Total Utilization of Multicurrency Revolving Loan Commitments at the time of such proposed termination or reduction, (iii) to terminate in whole or permanently reduce in part, without premium or penalty, the Australian Revolving Loan Commitments in an amount up to the amount by which the Australian Revolving Loan Commitments exceed the Total Utilization of Australian Revolving Loan Commitments at the time of such proposed termination or reduction, (iviii) to terminate in whole or permanently reduce in part, without premium or penalty, the Canadian Revolving Loan Commitments in an amount up to the amount by which the Canadian Revolving Loan Commitments exceed the Total Utilization of Canadian Revolving Loan Commitments at the time of such proposed termination or reduction, (viv) to terminate in whole or permanently reduce in part, without premium or penalty, the Dutch Revolving Loan Commitments in an amount up to the amount by which the Dutch Revolving Loan Commitments exceed the Total Utilization of the Dutch Revolving Loan Commitments at the time of such proposed termination or reduction, and (viv) to terminate in whole or permanently reduce in part, without premium or penalty, the Swiss Revolving Loan Commitments in an amount up to the amount by which the Swiss Revolving Loan Commitments exceed the Total Utilization of the Swiss Revolving Loan Commitments at the time of such proposed termination or reduction. Borrowers’ Agent shall give not less than three Business Days’ prior written notice to Administrative Agent designating the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction. Promptly after receipt of a notice of such termination or partial reduction, Administrative Agent shall notify each Lender of the proposed termination or partial reduction. Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, US Commitments or the Revolving Loan Commitment or the Multicurrency Revolving Loan Commitments, as the case may be, Commitments shall be effective on the date specified in the notice delivered by Borrowers’ Agent and shall reduce the applicable Offshore Revolving Loan Commitment, US Revolving Loan Commitment or Multicurrency the Revolving Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share. Any such partial reduction of the Multicurrency Revolving Loan Commitments, the US Revolving Loan Commitment Commitments or the Offshore Revolving Loan Commitments shall be in an aggregate minimum amount of $5,000,000, and integral multiples of $1,000,000 in excess of that amount.