Common use of Voluntary Termination or Reduction Clause in Contracts

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 9 contracts

Samples: Credit Agreement (Best Buy Co Inc), Year Credit Agreement (Best Buy Co Inc), Year Credit Agreement (Best Buy Co Inc)

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Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.06(b) shall be in an amount that is $5,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Sierra Income Corp), Senior Secured Revolving Credit Agreement (Medley Capital Corp), Senior Secured (Sierra Income Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum amount of at least $1,000,000 (or an amount that is less than $5,000,000 or a larger multiple thereof 1,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Oaktree Strategic Credit Fund), Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured (Oaktree Strategic Credit Fund)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof of $1,000,000 (or, if less, the remaining amount of any Commitments) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Commitments.

Appears in 5 contracts

Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.06(b) shall be in an amount that is $5,000,000 or a larger multiple of $1,000,000 in excess thereof (or an amount less than $5,000,000 if the Commitments are being reduced to zero), and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 4 contracts

Samples: Credit Agreement (FIDUS INVESTMENT Corp), Senior Secured (FIDUS INVESTMENT Corp), Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 4 contracts

Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp), Credit Agreement (New Communications Holdings Inc.)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof of $5,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures Syndicated Loans plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 4 contracts

Samples: Five Year Credit Agreement (Harte Hanks Inc), Day Credit Agreement (Harte Hanks Inc), Credit Agreement (Harte Hanks Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 1,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 4 contracts

Samples: Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.111.9, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 3 contracts

Samples: Credit Agreement (Macerich Co), Credit Agreement (Macerich Co), Credit Agreement (Macerich Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.06(b) shall be in an amount that is $5,000,000 3,000,000 or a larger multiple of $100,000 in excess thereof (or an amount less than $3,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 3 contracts

Samples: Secured Revolving Credit Agreement (Capitala Finance Corp.), Senior Secured Revolving Credit Agreement (Capitala Finance Corp.), Secured Revolving Credit Agreement (Capitala Finance Corp.)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Revolving Commitments; , provided that (i) each partial reduction of the Revolving Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof 1,000,000 and not less than $2,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Commitments.

Appears in 3 contracts

Samples: Second Amendment Agreement (Alaska Communications Systems Group Inc), Credit Agreement (Alaska Communications Systems Group Inc), Credit Agreement (Alaska Communications Systems Group Inc)

Voluntary Termination or Reduction. The Borrower may at any time time, without premium or penalty, terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof and not less than $15,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 3 contracts

Samples: Credit Agreement (Postal Realty Trust, Inc.), Credit Agreement (American Realty Capital Trust V, Inc.), Credit Agreement (American Realty Capital Global Trust, Inc.)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 €2,000,000 or a larger multiple of €1,000,000 in excess thereof and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.10, the sum of the total aggregate Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans all Lenders would exceed the total Commitmentsaggregate Commitments of all Lenders.

Appears in 3 contracts

Samples: Credit Agreement (WestRock Co), Credit Agreement (WestRock Co), Credit Agreement (WestRock Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Revolving Commitments; provided that (i) each partial reduction of the Revolving Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.111.9, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Commitments.

Appears in 3 contracts

Samples: Management Agreement (Macerich Co), Management Agreement (Macerich Co), Joinder Agreement (Macerich Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.07(b) shall be in an amount that is $5,000,000 or a larger multiple of $100,000 in excess thereof (or an amount less than $5,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Secured Revolving Credit Agreement (Capital Southwest Corp)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the CommitmentsCommitment; provided that (i) each partial reduction of the Commitments Commitment pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments Commitment if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.8, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsCommitment.

Appears in 2 contracts

Samples: Credit Agreement (Alico, Inc.), Credit Agreement (Alico Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments$5,000,000.

Appears in 2 contracts

Samples: Term Loan Agreement (Harte Hanks Inc), Revolving Loan Agreement (Harte Hanks Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitmentsless than $5,000,000.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Newell Brands Inc), Joinder Agreement (Newell Rubbermaid Inc)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the CommitmentsCommitments under any Tranche; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof 10,000,000 and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Washington Mutual Inc), Day Credit Agreement (Washington Mutual Inc)

Voluntary Termination or Reduction. The Borrower may at any time ---------------------------------- prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Nevada Power Co), Credit Agreement (Sierra Pacific Power Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.06(b) shall be in an amount that is $5,000,000 or a larger multiple of $100,000 in excess thereof (or an amount less than $5,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the CommitmentsCommitment; provided that (i) each partial reduction of the Commitments Commitment shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof 1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments Commitment if, after giving effect to such termination or reduction and any concurrent prepayment of the Loans in accordance with Section 2.112.07, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsCommitment.

Appears in 2 contracts

Samples: Working Capital Facility (Reliant Energy Inc), Assignment and Assumption (Reliant Energy Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 3,000,000 or a larger multiple thereof of $500,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 2 contracts

Samples: Assignment and Assumption (First American Corp), Credit Agreement (First American Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09 or otherwise, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans all Lenders would exceed the total CommitmentsCommitments of all Lenders in effect after giving effect to such termination or reduction.

Appears in 2 contracts

Samples: Credit Agreement (Chugach Electric Association Inc), Credit Agreement (Chugach Electric Association Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each partial reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $5,000,000 3,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Credit Commitments if, after giving effect to any concurrent prepayment of the Revolving Credit Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans Exposure would exceed the total Revolving Credit Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each partial reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Credit Commitments if, after giving effect to any concurrent prepayment of the Revolving Credit Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Credit Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Chart Industries Inc), Credit Agreement (Panamsat Corp /New/)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Commitments; provided PROVIDED that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 20,000,000 or a larger multiple thereof of $10,000,000 and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 (or, if less, the entire remaining amount of the Commitments) or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Resource Capital Corp.), Secured Revolving Credit Agreement (Resource Capital Corp.)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Revolving Commitments; provided that (i) each partial reduction of the Revolving Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment or repayment of the Revolving Loans in accordance with Section 2.111.9, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Macerich Co), Credit Agreement (Macerich Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 3,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 2 contracts

Samples: Credit Agreement (First American Financial Corp), Credit Agreement (First American Financial Corp)

Voluntary Termination or Reduction. The Borrower may at any time ---------------------------------- terminate, or from time to time reduce, the Commitments; provided that (i) each partial -------- reduction of the Commitments shall be in an amount that is $5,000,000 3,000,000 or a larger multiple thereof of $500,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (First American Financial Corp)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof 10,000,000 and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Washington Mutual Inc)

Voluntary Termination or Reduction. The Parent Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof and (ii) the Parent Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Year Credit Agreement (Dillards Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided PROVIDED that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus PLUS the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (National City Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans total CHEL LC Exposures would exceed the total Commitments.

Appears in 1 contract

Samples: Revolving Credit Agreement (Chart Industries Inc)

Voluntary Termination or Reduction. The Borrower may at ---------------------------------- any time prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is of $5,000,000 25,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Nevada Power Co)

Voluntary Termination or Reduction. The Borrower may at any time terminateprior ---------------------------------- to the Maturity Date termination, or from time to time reduce, the CommitmentsCommitment; provided that (i) each partial reduction of the Commitments Commitment shall be in an amount that is $5,000,000 2,000,000 or a larger multiple thereof greater, and (ii) the Borrower shall not terminate or reduce the Commitments Commitment if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum aggregate of the total Revolving Credit Exposures plus the aggregate principal amount of all Borrowings then outstanding Competitive Loans would exceed the total CommitmentsCommitment.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Power Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each partial reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.Revolving

Appears in 1 contract

Samples: Credit Agreement (Sinclair Broadcast Group Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 2,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Cambrex Corp)

Voluntary Termination or Reduction. The Borrower may at any time prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is of $5,000,000 25,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Resources)

Voluntary Termination or Reduction. The Borrower may at any time terminate---------------------------------- prior to the Maturity Date termination, or from time to time reduce, the CommitmentsCommitment; provided that (i) each partial reduction of the Commitments Commitment shall be in an amount that is $5,000,000 or a larger multiple thereof greater, and (ii) the Borrower shall not terminate or reduce the Commitments Commitment if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum aggregate of the total Revolving Credit Exposures plus the aggregate principal amount of all Borrowings then outstanding Competitive Loans would exceed the total CommitmentsCommitment.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Power Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum amount of at least $1,000,000 (or an amount that is less than $5,000,000 or a larger multiple thereof 1,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.. (49)

Appears in 1 contract

Samples: Credit Agreement (Oaktree Specialty Lending Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof and not less than $5,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsAggregate Commitment.

Appears in 1 contract

Samples: Credit Agreement (Synchronoss Technologies Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 (or, if less, the entire remaining amount of the Commitments) or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.. (c)

Appears in 1 contract

Samples: www.sec.gov

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Revolving Credit Commitments; provided that (i) each partial reduction of the Revolving Credit Commitments pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof and (ii) the Borrower shall not terminate or reduce the Commitments ifof $1,000,000, after giving effect except for a reduction pursuant to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.Agreement

Appears in 1 contract

Samples: Credit Agreement (Isp Minerals LLC)

Voluntary Termination or Reduction. The Borrower may shall have the right ---------------------------------- to reduce permanently the Commitment in whole at any time terminatetime, or in part from time to time reducetime, the Commitmentswithout premium or penalty; provided that (i) each partial reduction of the Commitments Commitment shall be in an amount that is $5,000,000 2,000,000 or a larger multiple thereof greater, and (ii) the Borrower shall not terminate or reduce the Commitments Commitment if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum aggregate of the total Revolving Credit Exposures plus the aggregate principal amount of all Borrowings then outstanding Competitive Loans would exceed the total CommitmentsCommitment.

Appears in 1 contract

Samples: Day Credit Agreement (Sierra Pacific Power Co)

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Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof 10,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Five Year Credit Agreement (Washington Mutual Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the unused Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof 1,000,000 and not less than $10,000,000 and (ii) the Borrower shall terminations and/or reductions may not terminate or reduce the Commitments if, after giving effect to be made more than one (1) time in any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.given calendar quarter. Term Loan Agreement

Appears in 1 contract

Samples: Term Loan Agreement (Nationwide Health Properties Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 25,000,000 (or, if less, the entire remaining amount of the Commitments) or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Ares Capital Corp)

Voluntary Termination or Reduction. The Borrower may at any time ---------------------------------- prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an -------- amount that is of $5,000,000 25,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Power Co)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 or a larger multiple thereof 10,000,000 and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Advances and Security Agreement (Washington Mutual Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each partial reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $5,000,000 1,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Credit Facility Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Credit Facility Commitments.

Appears in 1 contract

Samples: Credit Agreement (CCPR Services Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Verio Inc)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.111.9, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsCommitments minus the Reserve Amount.

Appears in 1 contract

Samples: Credit Agreement (Macerich Co)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 2,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.10, the sum of the total aggregate Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans all Lenders would exceed the total Commitmentsaggregate Commitments of all Lenders.

Appears in 1 contract

Samples: Credit Agreement (WestRock Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 20,000,000 or a larger multiple thereof of $5,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Gatx Capital Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Revolving Credit Agreement (Chart Industries Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 25,000,000 or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Apollo Investment Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section, other than any reduction made in connection with a Restricted Payment described in Section 7.06(a), shall be in an amount that is $5,000,000 2,000,000 or a larger multiple thereof of $500,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Collegiate Funding Services Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section 2.07(b) shall be in an amount that is $5,000,000 or a larger multiple of $100,000 in excess thereof (or an amount less than $5,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.. (c)

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Capital Southwest Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 2,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Five Year Credit Agreement (Cambrex Corp)

Voluntary Termination or Reduction. The Borrower may at ---------------------------------- any time prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments -------- shall be in an amount that is of $5,000,000 25,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Nevada Power Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11‎Section 2.09, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsCommitments of all Lenders in effect after giving effect to such termination or reduction.

Appears in 1 contract

Samples: Credit Agreement (Chugach Electric Association Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans Syndicated Advances in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsCommitments then in effect.

Appears in 1 contract

Samples: Credit Agreement (Capitalsource Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each partial reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $5,000,000 10,000,000 or a larger multiple thereof of $5,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Credit Commitments if, after giving effect to any concurrent prepayment of the Revolving Credit Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Credit Commitments.

Appears in 1 contract

Samples: Credit Agreement (Baldor Electric Co)

Voluntary Termination or Reduction. The Borrower may at any ---------------------------------- time terminate, or from time to time reduce, the Commitments; provided that (i) -------- each partial reduction of the Commitments shall be in an amount that is $5,000,000 3,000,000 or a larger multiple thereof of $500,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (First American Financial Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each partial reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving Credit Commitments if, after giving effect to any concurrent prepayment of the Revolving Credit Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Revolving Credit Commitments.

Appears in 1 contract

Samples: Credit Agreement (Westwood One Inc /De/)

Voluntary Termination or Reduction. The Borrower may at ---------------------------------- any time prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments -------- shall be in an amount that is of $5,000,000 10,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Nevada Power Co)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Credit Agreement Commitments shall be in an amount that is $5,000,000 3,000,000 or a larger multiple thereof of $500,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (First American Corp)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 or a larger multiple thereof of $1,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Hearst Argyle Television Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 25,000,000 (or, if less, the entire remaining amount of the Commitments) or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (American Capital, LTD)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments pursuant to this Section shall be in an amount that is $5,000,000 1,000,000 or a larger multiple thereof of $1,000,000 (or, if less, the entire remaining aggregate amount of Commitments) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsCommitments or, unless the Borrower is terminating the Commitments in their entirety, the Net Liquidity would be less than $20,000,000.

Appears in 1 contract

Samples: First Lien Credit Agreement (Krispy Kreme Doughnuts Inc)

Voluntary Termination or Reduction. The Borrower may at any time prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is of $5,000,000 25,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Resources)

Voluntary Termination or Reduction. The Borrower may at any time ---------------------------------- prior to the Revolving Termination Date terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in -------- an amount that is of $5,000,000 25,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.08, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Power Co)

Voluntary Termination or Reduction. The Borrower Borrowers may at any time terminate, or from time to time reduce, the Revolving Commitments; provided that (i) each partial reduction of the Revolving Commitments shall be in an a minimum amount that is of $5,000,000 or a larger multiple and integral multiples of $1,000,000 in excess thereof and (ii) the Borrower Borrowers shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.112.8, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total CommitmentsAvailable Credit.

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 25,000,000 or a larger multiple thereof of $5,000,000 and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans in accordance with Section 2.112.10, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

Appears in 1 contract

Samples: Credit Agreement (Brunswick Corp)

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