Common use of Voluntary Reductions of Revolving Loan Commitments Clause in Contracts

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three Business Days’ prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount shall be in an aggregate minimum amount of $1,000,000 and multiples of $500,000 in excess of that amount. The Notice of Prepayment shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three (3) Business Days’ (or such shorter period as approved by Administrative Agent) prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount Amount, unless the Revolving Loan Commitment is reduced to equal the Total Utilization of Revolving Loan Commitments, shall be in an aggregate minimum amount of $1,000,000 2,000,000 and multiples of $500,000 1,000,000 in excess of that amount. The Notice Company’s notice to Administrative Agent (who will promptly notify each Revolving Lender of Prepayment such notice) shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) The amount of any such Revolving Loan Commitment reduction shall not be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound applied to the Alternative Currency Sublimit, the sublimit for Letters of Credit, the Co-Borrower Sublimit or the sublimit for Swing Line Loans unless otherwise specified by Company. All fees accrued until the effective date of any termination or reduction of the Revolving Loan Commitments referenced in Commitment shall be paid on the effective date of such noticetermination.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three (3) Business Days’ (or such shorter period as approved by Administrative Agent) prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount Amount, unless the Revolving Loan Commitment is reduced to equal the Total Utilization of Revolving Loan Commitments, shall be in an aggregate minimum amount of $1,000,000 and multiples of $500,000 in excess of that amount. The Notice Company’s notice to Administrative Agent (who will promptly notify each Revolving Lender of Prepayment such notice) shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) The amount of any such Revolving Loan Commitment reduction shall not be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound applied to the Alternative Currency Sublimit, the sublimit for Letters of Credit, the Foreign Co-Borrower Sublimit or the sublimit for Swing Line Loans unless otherwise specified by Company. All fees accrued until the effective date of any termination or reduction of the Revolving Loan Commitments referenced in Commitment shall be paid on the effective date of such noticetermination.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three Business Days’ prior written notice by delivery of a Notice of Prepayment to Administrative Agent or upon telephonic notice promptly confirmed in writing by the delivery of a Notice of Prepayment to Administrative Agent, Agent or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount Commitments in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount shall be in an aggregate minimum amount of $1,000,000 3,000,000 and multiples of $500,000 1,000,000 in excess of that amount. The Notice Company’s notice to Administrative Agent (who will promptly notify each Revolving Lender of Prepayment such notice) shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written or telephonic notices delivered pursuant to this subsection 2.4B(ii) shall be in of termination or reduction of the form of a Notice of Prepayment, all notices, whether written or telephonic, Revolving Loan Commitments delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice; provided that a notice of termination or reduction of the Revolving Loan Commitments delivered by Company may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by Company (by notice to Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.

Voluntary Reductions of Revolving Loan Commitments. Company may, -------------------------------------------------- upon not less than three Business Days’ ' prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior Agent (which original written or telephonic notice, as determined notice Agent will promptly transmit by Administrative Agent in its sole discretiontelefacsimile or telephone to each Lender), at any time and from time to time, time terminate in whole or permanently reduce in part, without premium or penalty, (a) the Acquisition Revolving Loan Commitment Amount Commitments in an amount up to the amount by which the Acquisition Revolving Loan Commitment Amount exceeds Commitments exceed the aggregate outstanding Acquisition Loans at the time of such proposed termination or reduction; and (b) the Working Capital Revolving Loan Commitments in an amount up to the amount by which the Working Capital Revolving Loan Commitments exceed the Total Utilization of Working Capital Revolving Loan Commitments at the time of such proposed termination or reduction; , provided that any such partial -------- reduction of the Revolving Loan Commitment Amount Commitments shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount. The Notice of Prepayment Company's notice to Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Loan Commitments shall be effective on the date specified in Company’s 's notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount Commitments shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three five Business Days’ prior written or telephonic notice confirmed in writing to Administrative Agent, Agent or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, time terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount shall be in an aggregate minimum amount of $1,000,000 2,000,000 and multiples of $500,000 in excess of that amount. The Notice Company’s notice to Administrative Agent (who will promptly notify each Revolving Lender of Prepayment such notice) shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. In addition, Company may, upon not less than five Business Days’ prior written or telephonic notice confirmed in writing to Administrative Agent or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Swing Line Loan Commitment; provided that any such partial reduction of the Swing Line Loan Commitment shall be in an aggregate minimum amount of $2,000,000 and multiples of $500,000 in excess of that amount. Company’s notice to Administrative Agent (who will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of ) shall designate the Revolving Loan Commitment Amount date (which shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(iia Business Day) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Swing Line Loan Commitments referenced in such noticeCommitment of each Swing Line Lender proportionately.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three (3) Business Days’ (or such shorter period as approved by Administrative Agent) prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount Amount, unless the Revolving Loan Commitment is reduced to equal the Total Utilization of Revolving Loan Commitments, shall be in an aggregate minimum amount of $1,000,000 2,000,000 and multiples of $500,000 1,000,000 in excess of that amount. The Notice Company’s notice to Administrative Agent (who will promptly notify each Revolving Lender of Prepayment such notice) shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share; provided that such notice may be conditional on the effectiveness of another transaction and may be revoked by Company if such condition is not satisfied. Administrative Agent will promptly notify each Revolving Lender of Any such noticevoluntary prepayment shall be applied as specified in subsection 2.4B(iv). Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) The amount of any such Revolving Loan Commitment reduction shall not be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound applied to the Alternative Currency Sublimit, the sublimit for Letters of Credit, the Co-Borrower Sublimit or the sublimit for Swing Line Loans unless otherwise specified by Company. All fees accrued until the effective date of any termination or reduction of the Revolving Loan Commitments referenced in Commitment shall be paid on the effective date of such noticetermination.

Voluntary Reductions of Revolving Loan Commitments. Company may, -------------------------------------------------- upon not less than three Business Days’ ' prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior Agent (which original written or telephonic notice, as determined notice Agent will promptly transmit by Administrative Agent in its sole discretiontelefacsimile or telephone to each Lender), at any time and from time to time, time terminate in whole or permanently reduce in part, without premium or penalty, (a) the Acquisition Revolving Loan Commitment Amount Commitments in an amount up to the amount by which the Acquisition Revolving Loan Commitment Amount exceeds Commitments exceed the aggregate outstanding Acquisition Loans at the time of such proposed termination or reduction; and (b) the Working Capital Revolving Loan Commitments in an amount up to the amount by which the Working Capital Revolving Loan Commitments exceed the Total Utilization of Working Capital Revolving Loan Commitments at the time of such proposed termination or reduction; , provided that any such -------- partial reduction of the Revolving Loan Commitment Amount Commitments shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount. The Notice of Prepayment Company's notice to Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Loan Commitments shall be effective on the date specified in Company’s 's notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount Commitments shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three Business Days’ prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount shall be in an aggregate minimum amount of $1,000,000 and multiples of $500,000 100,000 in excess of that amount. The Notice of Prepayment shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv2.4B(iv)(b)(3). All written notices delivered pursuant to this subsection 2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be be, subject to the proviso set forth in subsection 2.4B(i), irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice.

Voluntary Reductions of Revolving Loan Commitments. Company -------------------------------------------------- may, upon not less than three Business Days’ ' prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior Agent (which original written or telephonic notice, as determined notice Agent will promptly transmit by Administrative Agent in its sole discretiontelefacsimile or telephone to each Revolving Lender), at any time and from time to time, time terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount Commitments in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds Commitments exceed the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial -------- reduction of the Revolving Loan Commitment Amount Commitments shall be in an aggregate minimum amount of $1,000,000 and multiples of $500,000 in excess of that amount; provided further that no refinancing of the Revolving -------- ------- Loans and the Revolving Loan Commitments shall be permitted without repayment in full of all of the Term Loans and all of the other Obligations. The Notice of Prepayment Company's notice to Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Loan Commitments shall be effective on the date specified in Company’s 's notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice.

Voluntary Reductions of Revolving Loan Commitments. Company Borrower may, upon not less than three Business Days’ prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount shall be in an aggregate minimum amount of $1,000,000 500,000 and multiples of $500,000 100,000 in excess of that amount. The Notice Borrower’s notice to Administrative Agent (who will promptly notify each Revolving Lender of Prepayment such notice) shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in CompanyBorrower’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender ; provided that if such termination or reduction is being made in reliance upon the closing of another transaction, then such termination or reduction may be contingent upon the closing of such noticeother transaction. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant proportion to this subsection 2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the each Revolving Loan Commitments referenced in such noticeLender’s Pro Rata Share.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three Business Days’ prior written notice by delivery of a Notice of Prepayment to Administrative Agent or upon telephonic notice promptly confirmed in writing by the delivery of a Notice of Prepayment to Administrative Agent, Agent or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount Commitments in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount shall be in an aggregate minimum amount of $1,000,000 3,000,000 and multiples of $500,000 1,000,000 in excess of that amount. The Notice Company’s notice to Administrative Agent (who will promptly notify each Revolving Lender of Prepayment such notice) shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written or telephonic notices delivered pursuant to this subsection 2.4B(ii) shall be in of termination or reduction of the form of a Notice of Prepayment, all notices, whether written or telephonic, Revolving Loan Commitments delivered pursuant to this subsection 2.4B(ii) shall be irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice.

Voluntary Reductions of Revolving Loan Commitments. Company may, upon not less than three Business Days’ prior written or telephonic notice confirmed in writing to Administrative Agent, or upon such lesser number of days’ prior written or telephonic notice, as determined by Administrative Agent in its sole discretion, at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitment Amount in an amount up to the amount by which the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Loan Commitment Amount shall be in an aggregate minimum amount of $1,000,000 and multiples of $500,000 100,000 in excess of that amount. The Notice of Prepayment shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction shall be effective on the date specified in Company’s notice and shall reduce the amount of the Revolving Loan Commitment of each Revolving Lender proportionately to its Pro Rata Share. Administrative Agent will promptly notify each Revolving Lender of such notice. Any such voluntary reduction of the Revolving Loan Commitment Amount shall be applied as specified in subsection 2.4B(iv). All written notices delivered pursuant to this subsection 2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be be, subject to the proviso set forth in subsection 2.4B(i), irrevocable unless delivered in connection with a refinancing or a transaction that would result in a Change in Control and Company shall be bound to the termination or reduction of the Revolving Loan Commitments referenced in such notice.