Common use of Voluntary Termination of Unutilized Commitments Clause in Contracts

Voluntary Termination of Unutilized Commitments. Upon at least three Business Day's prior notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate the Total Unutilized Commitment, in whole or in part, in an integral multiple of $1,000,000 in the case of partial reductions to the Total Commitment, PROVIDED that each such reduction shall apply proportionately to permanently reduce the Commitment of each Lender.

Voluntary Termination of Unutilized Commitments. Upon at least three five Business Day's prior written notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the LendersBanks), the Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate the Total Unutilized Revolving Loan Commitment, in whole or in part, pursuant to this Section 3.02, in an integral multiple of $1,000,000 5,000,000, in the case of partial reductions to the Total Unutilized Revolving Loan Commitment, PROVIDED provided that each such reduction shall apply proportionately to permanently reduce the Revolving Loan Commitment of each LenderBank.

Voluntary Termination of Unutilized Commitments. Upon at least three Business Day's prior written notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate the Total Unutilized Revolving Loan Commitment, in whole or in part, pursuant to this Section 3.02, in an integral multiple a minimum amount of $1,000,000 and, in excess thereof, in integral multiples of $100,000 in the case of partial reductions to the Total Unutilized Revolving Loan Commitment, PROVIDED provided that each such reduction shall apply proportionately to permanently reduce the Revolving Loan Commitment of each Lender.

Voluntary Termination of Unutilized Commitments. Upon at least three Business Day's ’s prior written notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Revolving Credit Lenders), the Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate the Total Unutilized Revolving Loan Commitment, in whole or in part, pursuant to this Section 3.02, in an integral multiple a minimum amount of $1,000,000 and, in excess thereof, in integral multiples of $100,000 in the case of partial reductions to the Total Unutilized Revolving Loan Commitment, PROVIDED provided that each such reduction shall apply proportionately to permanently reduce the Revolving Loan Commitment of each Revolving Credit Lender.

Voluntary Termination of Unutilized Commitments. (a) Upon at least three Business Day's 15 days’ prior written notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the Borrower Company shall have the right, at any time or from time to time, without premium or penalty, penalty to terminate the Total Unutilized Revolving Loan Commitment, in whole whole, or reduce each in part, pursuant to this Section 4.02, in an integral multiple minimum amounts of $5,000,000 plus $1,000,000 increments in the case of partial reductions to the Total Commitment, PROVIDED excess thereof; provided that each such reduction shall apply proportionately to permanently reduce the Revolving Loan Commitment of each LenderLender in accordance with their respective RL Percentages of the Total Revolving Loan Commitment.

Voluntary Termination of Unutilized Commitments. Upon at least three Business Day's Days’ prior notice to the Administrative Agent at the its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate the Total Unutilized Commitment, in whole or in part, in an aggregate principal amount of at least $5,000,000 and in integral multiple multiples of $1,000,000 in the case of any partial reductions to the Total Commitmentin excess of $5,000,000, PROVIDED provided that each such reduction shall apply proportionately to permanently reduce the Commitment of each Lender.

Voluntary Termination of Unutilized Commitments. Upon at least three Business Day's Days' prior notice to the Administrative Agent at the its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the LendersBanks), the Borrower Adience shall have the right, at any time or from time to time, without premium or penalty, to terminate the Total Unutilized Revolving Loan Commitment, in whole or in part, in an integral multiple multiples of $1,000,000 500,000 in the case of partial reductions to the Total Unutilized Revolving Loan Commitment, PROVIDED provided that each such reduction shall apply proportionately to permanently reduce the Revolving Loan Commitment of each LenderBank with such a Commitment.

Voluntary Termination of Unutilized Commitments. Upon at least three Business Day's Days' prior notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the LendersBanks), the Borrower Adience shall have the right, at any time or from time to time, without premium or penalty, to terminate the Total Unutilized Revolving Loan Commitment, in whole or in part, in an integral multiple multiples of $1,000,000 500,000 in the case of partial reductions to the Total Unutilized Revolving Loan Commitment, PROVIDED provided that each such reduction shall apply proportionately to permanently reduce the Revolving Loan Commitment of each LenderBank with such a Commitment.

Voluntary Termination of Unutilized Commitments. Upon at least three Business Day's ’s prior notice to the Administrative Agent at the its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate or reduce the Total Unutilized Term Loan Commitment or Revolving Loan Commitment, in whole or in part, in an integral multiple multiples of $1,000,000 in the case of partial reductions to the Total Term Loan Commitment and/or the Revolving Loan Commitment, PROVIDED provided that each such reduction shall apply proportionately to permanently reduce the Term Loan Commitment or Revolving Loan Commitment, as the case may be, of each Lender.