Common use of Changes in Commitments Clause in Contracts

Changes in Commitments. The Company shall have the right in ---------------------- accordance with Section 7.1 hereof to terminate or reduce the amount of the ----------- Commitments at any time or from time to time to an amount not less than the Advance Outstandings, if any, at the effective date of such termination or reduction, upon not less than three (3) Business Days' prior notice to the Agent (which shall promptly notify the Lenders) of each such termination or reduction, which shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5,000,000 and, if more than $5,000,000, in integral multiples of $1,000,000) and shall be irrevocable and effective only upon receipt by the Agent. The Commitments once terminated or reduced may not be reinstated.

Changes in Commitments. The Company shall have the right in ---------------------- accordance with Section 7.1 hereof to terminate or reduce the amount of the ----------- Commitments at any time or from time to time to an amount not less than the Advance Outstandings, if any, at the effective date of such termination or reduction, upon not less than three (3) Business Days' prior notice to the Agent (which shall promptly notify the Lenders) of each such termination or reduction, which shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5,000,000 3,000,000 and, if more than $5,000,0003,000,000, in integral multiples of $1,000,000) and shall be irrevocable and effective only upon receipt by the Agent. The Commitments once terminated or reduced may not be reinstated.