Common use of Changes of Commitments Clause in Contracts

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts shall at all times be equal to the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b). (b) The Borrowers shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million or any whole multiple of $1.0 million in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts, once terminated or reduced, may not be reinstated or increased.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts Facility A Commitments shall at all times be equal to the lesser of (i) the Aggregate Facility A Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b)2.03(b) or (ii) the Borrowing Base as determined from time to time. (b) The Borrowers Borrower shall have the right to terminate or to reduce the amount of the Aggregate Facility A Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ ' prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million 1,000,000 or any whole multiple of $1.0 million 1,000,000 in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Facility A Maximum Revolving Credit Amounts, Amounts once terminated or reduced, reduced may not be reinstated or increasedreinstated.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b)2.03(b) or (ii) the then effective Borrowing Base as determined from time to time. (b) The Borrowers Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three thirty (330) Business Days’ days' prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which who shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million 1,000,000 or any whole multiple of $1.0 million 1,000,000 in excess thereof; and no more than an amount by which the Aggregate Maximum Revolving Credit Amounts would be less than the aggregate outstanding principal amount of the Loans plus the LC Exposure) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts, Amounts once terminated or reduced, reduced may not be reinstated or increasedreinstated.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b)2.03(b) or (ii) the Borrowing Base as determined from time to time. (b) The Borrowers Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ ' prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million 1,000,000 or any whole multiple of $1.0 million 500,000 in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts, Amounts once terminated or reduced, reduced may not be reinstated or increasedreinstated.

Changes of Commitments. (ai) The Aggregate Maximum Revolving Credit Amounts shall at all times be equal to the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b). (bii) The Borrowers shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million or any whole multiple of $1.0 million in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (ciii) The Aggregate Maximum Revolving Credit Amounts, once terminated or reduced, may not be reinstated or increased.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b)2.03(b) or (ii) the Borrowing Base as determined from time to time. (b) The Borrowers Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ ' prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million 500,000 or any whole multiple of $1.0 million 100,000 in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) The Aggregate Maximum Revolving Credit Amounts, Amounts once terminated or reduced, reduced may not be reinstated or increasedreinstated.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b)2.03(b) or (ii) the Borrowing Base as determined from time to time. (b) The Borrowers Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ ' prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million 1,000,000 or any whole multiple of $1.0 million 1,000,000 in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. Each reduction in the Aggregate Maximum Credit Amount shall apply pro rata to each Lender based on its Percentage Share. (c) The Aggregate Maximum Revolving Credit Amounts, Amounts once terminated or reduced, reduced may not be reinstated or increasedreinstated.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts shall at all times be equal to the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b). (b) The Borrowers shall have the right to terminate or to reduce the amount of the Aggregate Maximum Maxi- mum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million or any whole multiple of $1.0 million in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Adminis- trative Agent. (c) The Aggregate Maximum Revolving Credit Amounts, once terminated or reduced, may not be reinstated re- instated or increased.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b)2.03(b) or (ii) the Borrowing Base as determined from time to time. (b) The Borrowers Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) Business Days’ prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million 1,000,000 or any whole multiple of $1.0 million 1,000,000 in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. Each reduction in the Aggregate Maximum Credit Amount shall apply pro rata to each Lender based on its Percentage Share. (c) The Aggregate Maximum Revolving Credit Amounts, Amounts once terminated or reduced, reduced may not be reinstated or increasedreinstated.

Changes of Commitments. (a) The Aggregate Maximum Revolving Credit Amounts Commitments shall at all times be equal to the lesser of (i) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions pursuant to Section 2.04(b)Sections 2.03(b) and (c) or (ii) the Borrowing Base as determined from time to time. (b) The Borrowers Borrower shall have the right to terminate or to reduce the amount of the Aggregate Maximum Revolving Credit Amounts at any time, or from time to time, upon not less than three (3) two Business Days’ ' prior notice delivered by the Parent Borrower before noon (New York City time) to the Administrative Agent (which shall promptly notify the Revolving Credit Lenders) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall not be less than $5.0 million 5,000,000 or any whole multiple of $1.0 million 1,000,000 in excess thereof) and shall be irrevocable and effective only upon receipt by the Administrative Agent. (c) Concurrent with the issuance of the Senior Unsecured Notes, the Aggregate Maximum Credit Amounts shall automatically reduce to $25,000,000. (d) The Aggregate Maximum Revolving Credit Amounts, Amounts once terminated or reduced, reduced may not be reinstated or increasedreinstated.