Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the Commitments; provided that (i) each reduction of the Commitments shall be in an amount that is $25,000,000 (or, if less, the entire remaining amount of the Commitments of any Class) or a larger multiple of $5,000,000 in excess thereof (or the entire amount of the Commitments of such Class) 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 2.09, the total Revolving Credit Exposures of either Class would exceed the total Commitments of such Class.
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Samples: Senior Secured Credit Agreement (Ares Capital Corp), Senior Secured Credit Agreement (Ares Capital Corp), Senior Secured Credit Agreement (Ares Capital Corp)
Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the Commitments; provided that (i) each reduction of the Commitments shall be in an amount that is $25,000,000 (or, if less, the entire remaining amount of the Commitments of any ClassCommitments) or a larger multiple of $5,000,000 in excess thereof (or the entire amount of the Commitments of such ClassCommitments) 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 2.09, the total Revolving Credit Exposures of either Class would exceed the total Commitments of such ClassCommitments.
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Samples: Senior Secured Credit Agreement (Franklin BSP Capital Corp), Senior Secured Credit Agreement (Franklin BSP Lending Corp)
Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the CommitmentsCommitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in an amount that is $25,000,000 (or, if less, the entire remaining amount of the Commitments of any Class) 5,000,000 or a larger multiple of $5,000,000 1,000,000 in excess thereof (or the entire or, in each case, a lesser amount of if the Commitments of such Classare being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Revolving Credit Exposures of either such Class would exceed the total Commitments of such Class.
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Samples: Senior Secured Revolving Credit Agreement (First Eagle Alternative Capital BDC, Inc.)
Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the CommitmentsCommitments of either Class; provided that (i) each reduction of the Commitments of a Class shall be in an amount that is $25,000,000 10,000,000 (or, if less, the entire remaining amount of the Commitments of any such Class) or a larger multiple of $5,000,000 in excess thereof (or the entire amount of the Commitments of such Class) and (ii) the Borrower shall not terminate or reduce the Revolving Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of either such Class would exceed the total Commitments of such Class.. Any such reduction of the Commitments below the aggregate principal amount of the Swingline Loans permitted under
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Samples: Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)
Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $25,000,000 (or, if less, the entire remaining amount of the Commitments of any Class) 10,000,000 or a larger multiple of $5,000,000 in excess thereof (or the entire amount of the Commitments of such Class) 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 2.092.10, the total Revolving Credit Exposures of either Class would exceed the total Commitments of such ClassRevolving Credit Commitments.
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Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the CommitmentsCommitments of any Class; provided that (i) each reduction of the Commitments of any Class pursuant to this Section shall be in an amount that is $25,000,000 (or, if less, the entire remaining amount of the Commitments of any Class) 5,000,000 or a larger multiple of $5,000,000 in excess thereof (or the entire amount of the Commitments of such Class) 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 2.092.08, the total Revolving Credit Exposures of either Class would exceed the total Commitments of such ClassRevolving Credit Commitments.
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