Common use of Voluntary Reductions Clause in Contracts

Voluntary Reductions. The Borrowers may from time to time permanently reduce or terminate the Revolving Credit Committed Amount in whole or in part (in minimum aggregate amounts of $5,000,000 or in integral multiples of $1,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Credit Committed Amount)) upon three Business Days' prior written notice to the Agent; provided, however, no such termination or reduction shall be made which would cause the aggregate principal amount of outstanding Revolving Loans plus Letter of Credit Obligations outstanding to exceed the lesser of (A) the Revolving Credit Committed Amount and (B) the Borrowing Base, unless, concurrently with such termination or reduction, the Revolving Loans are repaid to the extent necessary to eliminate such excess. The Agent shall promptly notify each affected Lender of receipt by the Agent of any notice from the Borrowers pursuant to this Section 2.3(c).

Voluntary Reductions. The Borrowers may from time to time permanently reduce or terminate the Revolving Credit Committed Amount in whole or in part (in minimum aggregate amounts of $5,000,000 or in integral multiples of $1,000,000 5,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Credit Committed Amount)) upon three Business Days' prior written notice to the Agent; provided, however, no such termination or reduction shall be made which would cause the aggregate principal amount of outstanding Revolving Loans plus Letter of Credit Obligations outstanding to exceed the lesser of (A) the Revolving Credit Committed Amount and (B) the Borrowing Base, unless, concurrently with such termination or reduction, the Revolving Loans are repaid to the extent necessary to eliminate such excess. The Agent shall promptly notify each affected Lender of receipt by the Agent of any notice from the Borrowers pursuant to this Section 2.3(c).

Voluntary Reductions. The Borrowers Borrower may from time to time -------------------- permanently reduce or terminate the Revolving Maximum Credit Committed Amount Line in whole or in part (in minimum aggregate amounts of $5,000,000 or in integral multiples of $1,000,000 5,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Credit Committed AmountCommitments)) upon three (3) Business Days' prior written notice to the Agent; provided, however, that no such termination or reduction shall be made which -------- ------- would cause the aggregate principal amount of outstanding (i) Term Loans to exceed the Maximum Credit Line or (ii) Revolving Loans plus Letter of Credit Obligations outstanding to exceed the lesser of (A) the Revolving Credit Committed Amount and (B) the Borrowing Base, unless, concurrently with such termination or reduction, the Revolving Loans are repaid to the extent necessary to eliminate such excess. The Agent shall promptly notify each affected Lender of receipt by the Agent of any notice from the Borrowers Borrower pursuant to this Section 2.3(c).------- 2.3

Voluntary Reductions. The Borrowers Borrower may from time to time permanently reduce or terminate the Revolving Maximum Credit Committed Amount Line in whole or in part (in minimum aggregate amounts of $5,000,000 or in integral multiples of $1,000,000 5,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Credit Committed AmountCommitments)) upon three (3) Business Days' prior written notice to the Agent; providedPROVIDED, howeverHOWEVER, that no such termination or reduction shall be made which would cause the aggregate principal amount of outstanding (i) Term Loans to exceed the Maximum Credit Line or (ii) Revolving Loans plus Letter of Credit Obligations outstanding to exceed the lesser of (A) the Revolving Credit Committed Amount and (B) the Borrowing Base, unless, concurrently with such termination or reduction, the Revolving Loans are repaid to the extent necessary to eliminate such excess. The Agent shall promptly notify each affected Lender of receipt by the Agent of any notice from the Borrowers Borrower pursuant to this Section 2.3(cSECTION 2.3(C). Upon each reduction in the Maximum Credit Line, each Lender's Commitment shall be reduced by its Pro Rata Share of the amount of such reduction.

Voluntary Reductions. The Borrowers Borrower may from time to time -------------------- permanently reduce or terminate the Revolving Maximum Credit Committed Amount Line in whole or in part (in minimum aggregate amounts of $5,000,000 or in integral multiples of $1,000,000 5,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Credit Committed AmountCommitments)) upon three (3) Business Days' prior written notice to the Agent; provided, however, that no such termination or reduction shall be made which -------- ------- would cause the aggregate principal amount of outstanding (i) Term Loans to exceed the Maximum Credit Line or (ii) Revolving Loans plus Letter of Credit Obligations outstanding to t-o exceed the lesser of (A) the Revolving Credit Committed Amount and (B) the Borrowing Base, unless, concurrently with such termination or reduction, the Revolving Loans are repaid to the extent necessary to eliminate such excess. The Agent shall promptly notify each affected Lender of receipt by the Agent of any notice from the Borrowers Borrower pursuant to this Section 2.3(c).------- 2.3

Voluntary Reductions. The Borrowers Borrower may from time to time permanently reduce or terminate the Revolving Maximum Credit Committed Amount Line in whole or in part (in minimum aggregate amounts of $5,000,000 or in integral multiples of $1,000,000 5,000,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Credit Committed AmountCommitments)) upon three (3) Business Days' prior written notice to the Agent; provided, however, that no such termination or reduction shall be made which would cause the aggregate principal amount of outstanding (i) Term Loans to exceed the Maximum Credit Line or (ii) Revolving Loans plus Letter of Credit Obligations outstanding to exceed the lesser of (A) the Revolving Credit Committed Amount and (B) the Borrowing Base, unless, concurrently with such termination or reduction, the Revolving Loans are repaid to the extent necessary to eliminate such excess. The Agent shall promptly notify each affected Lender of receipt by the Agent of any notice from the Borrowers Borrower pursuant to this Section 2.3(c). Upon each reduction in the Maximum Credit Line, each Lender's Commitment shall be reduced by its Pro Rata Share of the amount of such reduction.