Common use of Voluntary Termination or Reductions Clause in Contracts

Voluntary Termination or Reductions. The Borrower shall have the right, upon at least three Business Days’ prior written notice to the Administrative Agent, (A) at any time when the Aggregate Credit Exposure shall be zero, to terminate the Revolving Credit Commitments of all of the Lenders, and (B) at any time and from time to time when the Aggregate Revolving Credit Commitment Amount shall exceed the Aggregate Credit Exposure, to permanently reduce the Aggregate Revolving Credit Commitment Amount by a sum not greater than the amount of such excess, provided, however, that each such reduction shall be in the amount of $10,000,000 or such amount plus a whole multiple of $1,000,000 in excess thereof.

Voluntary Termination or Reductions. The Borrower shall have the right, upon at least three Business Days’ ' prior written notice to the Administrative Agent, (A) at any time when the Aggregate Credit Exposure shall be zero, to terminate the Revolving Credit Commitments of all of the Lenders, and (B) at any time and from time to time when the Aggregate Revolving Credit Commitment Amount shall exceed the Aggregate Credit Exposure, to permanently reduce the Aggregate Revolving Credit Commitment Amount by a sum not greater than the amount of such excess, provided, however, that each such reduction shall be in the amount of $10,000,000 or such amount plus a whole multiple of $1,000,000 in excess thereof.

Voluntary Termination or Reductions. The Borrower shall have the rightmay, upon at least three Business Days’ ' prior written notice to the Administrative Agent, (A) at any time when the Aggregate Credit Exposure shall be zero, to terminate the Revolving Credit Commitments of all of the LendersRevolving Commitments, and (B) at any time and from time to time when the Aggregate Revolving Credit Commitment Amount shall exceed the Aggregate Credit ExposureExposure (after giving effect to any contemporaneous payment of Revolving Loans and determined in the case of each outstanding Alternate Currency Loan, to on the basis of the Dollar Equivalent thereof), permanently reduce the Aggregate Revolving Credit Commitment Amount by a sum not greater than the amount of such excess, provided, however, that each such partial reduction shall be in the amount of $10,000,000 2,500,000 or such amount plus a whole multiple of $1,000,000 500,000 in excess thereof.

Voluntary Termination or Reductions. The Borrower shall have the rightmay, upon at least three Business Days’ ' prior written notice to the Administrative Agent, (A) at any time when the Aggregate Credit Revolving Exposure shall be zero, to terminate the Revolving Credit Commitments of all of the LendersRevolving Commitments, and (B) at any time and from time to time when the Aggregate Revolving Credit Commitment Amount shall exceed the Aggregate Credit ExposureRevolving Exposure (after giving effect to any contemporaneous payment or payment of Revolving Loans), to permanently reduce the Aggregate Revolving Credit Commitment Amount by a sum not greater than the amount of such excess, provided, however, that each such partial reduction shall be in the amount of $10,000,000 500,000 or such amount plus a whole multiple of $1,000,000 100,000 in excess thereof.