Common use of Canadian Commitment Clause in Contracts

Canadian Commitment. Canadian Borrower may at any time or from time to time permanently reduce in whole or ratably in part the Canadian Commitment of the Canadian Lenders hereunder to an amount not less than the then existing Canadian Revolving Exposure, by giving Agent not fewer than three Business Days notice of such reduction, provided that any such partial reduction shall be in an aggregate amount, for all of the Canadian Lenders, of not less than Five Million Canadian Dollars (CAD 5,000,000), increased by increments of One Million Canadian Dollars (CAD 1,000,000). Agent shall promptly notify each Canadian Lender of the date of each such reduction and such Canadian Lender's proportionate share thereof. After each such reduction, the facility fees payable hereunder shall be calculated upon the Maximum Canadian Revolving Amount as so reduced.

Canadian Commitment. Canadian Borrower Borrowers may at any time or and from time to time permanently reduce in whole or ratably in part the Canadian Commitment of the Canadian Lenders hereunder to an amount not less than the then existing Canadian CAD Revolving Exposure, by giving Agent not fewer than three Business Days notice of such reduction, provided that any such partial reduction shall be in an aggregate amount, for all of the Canadian Lenders, of not less than Five Million Canadian Dollars (CAD 5,000,000), increased by increments of One Million Canadian Dollars (CAD 1,000,000). Agent shall promptly notify each Canadian Lender of the date of each such reduction and such Canadian Lender's ’s proportionate share thereof. After each such reduction, the facility fees payable hereunder shall be calculated upon the Maximum Canadian CAD Revolving Amount as so reduced.

Canadian Commitment. Canadian Borrower Borrowers may at any time or and from time to time permanently reduce in whole or ratably in part the Canadian Commitment of the Canadian Lenders hereunder to an amount not less than the then existing Canadian CAD Revolving Exposure, by giving Agent not fewer than three Business Days notice of such reduction, provided that any such partial reduction shall be in an aggregate amount, for all of the Canadian Lenders, of not less than Five Million Canadian Dollars (CAD 5,000,000), increased by increments of One Million Canadian Dollars (CAD 1,000,000). Agent shall promptly notify each Canadian Lender of the date of each such reduction and such Canadian Lender's proportionate share thereof. After each such reduction, the facility fees payable hereunder shall be calculated upon the Maximum Canadian CAD Revolving Amount as so reduced.