Common use of Voluntary Reductions of the Revolving Commitment Clause in Contracts

Voluntary Reductions of the Revolving Commitment. The Borrower shall have the right to terminate or reduce the amount of the Revolving Commitment at any time and from time to time without penalty or premium upon not less than five Business Days prior written notice to the Administrative Agent of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which in the case of any partial reduction of the Revolving Commitment shall not be less than $10,000,000 and integral multiples of $5,000,000 in excess of that amount) and shall be irrevocable once given and effective only upon receipt by the Administrative Agent. The Administrative Agent will promptly transmit such notice to each Lender. The Revolving Commitment, once reduced pursuant to this Section, shall not be increased. The Borrower shall pay all interest and Fees on the Loans accrued to the date of such reduction or termination of the Revolving Commitment to the Administrative Agent for the account of the Lenders.

Voluntary Reductions of the Revolving Commitment. The Borrower shall have the right to terminate or reduce the aggregate unused amount of the Revolving Commitment Commitments (for which purpose use of the Revolving Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities and the aggregate principal amount of all outstanding Bid Rate Loans and Swingline Loans) at any time and from time to time without penalty or premium upon not less than five 5 Business Days prior written notice to the Administrative Agent of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which in the case of any partial reduction of the Revolving Commitment shall not be less than $10,000,000 and integral multiples of $5,000,000 in excess of that amount) and shall be irrevocable once given and effective only upon receipt by the Administrative Agent; provided, however, if the Borrower seeks to reduce the aggregate amount of the Revolving Commitments below $250,000,000, then the Revolving Commitments shall all automatically and permanently be reduced to zero. The Administrative Agent will promptly transmit such notice to each Revolving Lender. The Revolving CommitmentCommitments, once terminated or reduced pursuant to this Section, shall may not be increased. The Borrower shall pay all interest and Fees on the Loans accrued to the date of such reduction increased or termination of the Revolving Commitment to the Administrative Agent for the account of the Lendersreinstated.

Voluntary Reductions of the Revolving Commitment. The Borrower shall have the right to terminate or reduce the amount of the Revolving Commitment at any time and from time to time without penalty or premium upon not less than five Business Days prior written notice to the Administrative Agent of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which in the case of any partial reduction of the Revolving Commitment shall not be less than $10,000,000 and integral multiples of $5,000,000 1,000,000 in excess of that amount) and shall be irrevocable once given and effective only upon receipt by the Administrative Agent. The Administrative Agent will promptly transmit such notice to each Lender. The Revolving Commitment, once reduced pursuant to this Section, shall not be increased. The Borrower shall pay all interest and Fees on the Loans accrued to the date of such reduction or termination of the Revolving Commitment to the Administrative Agent for the account of the Lenders.

Voluntary Reductions of the Revolving Commitment. The Borrower shall have the right to terminate or reduce the aggregate unused amount of the Revolving Commitment Commitments (for which purpose use of the Revolving Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities) at any time and from time to time without penalty or premium upon not less than five 5 Business Days prior written notice to the Administrative Agent of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which in the case of any partial reduction of the Revolving Commitment shall not be less than $10,000,000 and integral multiples of $5,000,000 in excess of that amount) and shall be irrevocable once given and effective only upon receipt by the Administrative Agent; provided, however, if the Borrower seeks to reduce the aggregate amount of the Revolving Commitments below $50,000,000, then the Revolving Commitments shall all automatically and permanently be reduced to zero. The Administrative Agent will promptly transmit such notice to each Revolving Lender. The Revolving CommitmentCommitments, once terminated or reduced pursuant to this Section, shall may not be increased. The Borrower shall pay all interest and Fees on the Loans accrued to the date of such reduction increased or termination of the Revolving Commitment to the Administrative Agent for the account of the Lendersreinstated.

Voluntary Reductions of the Revolving Commitment. The Borrower shall have the right to terminate or reduce the aggregate unused amount of the Revolving Commitment Commitments (for which purpose use of the Revolving Commitments shall be deemed to include the aggregate amount of Letter of Credit Liabilities and the aggregate principal amount of all outstanding Bid Rate Loans and Swingline Loans) at any time and from time to time without penalty or premium upon not less than five 5 Business Days prior written notice 4889-7534-3155, v. 14 to the Administrative Agent of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which in the case of any partial reduction of the Revolving Commitment shall not be less than $10,000,000 and integral multiples of $5,000,000 in excess of that amount) and shall be irrevocable once given and effective only upon receipt by the Administrative Agent; provided, however, if the Borrower seeks to reduce the aggregate amount of the Revolving Commitments below $250,000,000, then the Revolving Commitments shall all automatically and permanently be reduced to zero. The Administrative Agent will promptly transmit such notice to each Revolving Lender. The Revolving Commitment, Commitments once terminated or reduced pursuant to this Section, shall may not be increased. The Borrower shall pay all interest and Fees on the Loans accrued to the date of such reduction increased or termination of the Revolving Commitment to the Administrative Agent for the account of the Lendersreinstated.