Common use of Commitment Reductions Clause in Contracts

Commitment Reductions. (i) Prior to the Delayed Draw Funding Date, Borrower may, upon not less than three Business Days’ prior written or telephonic notice promptly confirmed by delivery of written notice thereof to Administrative Agent (which original written notice Administrative Agent will promptly transmit by telefacsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Delayed Draw Term Loan Commitments; provided, any such partial reduction of the Delayed Draw Term Loan Commitments shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount. Any Delayed Draw Term Loan Commitments terminated under this Section 2.10(b) may not be re-established. (ii) Borrower’s notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Delayed Draw Term Loan Commitments shall be effective on the date specified in Borrower’s notice and shall reduce the Delayed Draw Term Loan Commitment of each Lender proportionately.

Commitment Reductions. (i) Prior to the Delayed Draw Funding Date, Borrower Borrowers may, upon not less than three one (1) Business Days’ Day’s prior written or telephonic notice promptly confirmed by delivery of written notice thereof in writing to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile facsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Delayed Draw Term Loan CommitmentsRevolving Commitments in an amount up to the amount by which the Revolving Commitments exceed the Total Utilization of Revolving Commitments at the time of such proposed termination or reduction; provided, any such partial reduction of the Delayed Draw Term Loan Revolving Commitments shall be in an aggregate minimum amount of five million Dollars ($5,000,000 5,000,000) and integral multiples of one million Dollars $1,000,000 in excess of that amount. Any Delayed Draw Term Loan Commitments terminated under this Section 2.10(b) may not be re-established. (ii) Borrower’s Borrowers’ notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Delayed Draw Term Loan Revolving Commitments shall be effective on the date specified in Borrower’s Borrowers’ notice and shall reduce the Delayed Draw Term Loan Revolving Commitment of each Lender proportionatelyproportionately to its Pro Rata Share thereof.

Commitment Reductions. (i) Prior to the Delayed Draw Funding Date, Borrower Borrowers may, upon not less than three one (1) Business Days’ Day’s prior written or telephonic notice promptly confirmed by delivery of written notice thereof in writing to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Delayed Draw Term Loan CommitmentsRevolving Commitments in an amount up to the amount by which the Revolving Commitments exceed the Total Utilization of Revolving Commitments at the time of such proposed termination or reduction; provided, any such partial reduction of the Delayed Draw Term Loan Revolving Commitments shall be in an aggregate minimum amount of five million Dollars ($5,000,000 5,000,000) and integral multiples of one million Dollars $1,000,000 1,000,000) in excess of that amount. Any Delayed Draw Term Loan Commitments terminated under this Section 2.10(b) may not be re-established. (ii) Borrower’s Borrowers’ notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Delayed Draw Term Loan Revolving Commitments shall be effective on the date specified in Borrower’s Borrowers’ notice and shall reduce the Delayed Draw Term Loan Revolving Commitment of each Lender proportionatelyproportionately to its Pro Rata Share thereof.

Commitment Reductions. (i) Prior to the Delayed Draw Funding Date, Borrower Borrowers may, upon not less than three one (1) Business Days’ Day’s prior written or telephonic notice promptly confirmed by delivery of written notice thereof in writing to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Delayed Draw Term Loan CommitmentsRevolving Commitments in an amount up to the amount by which the Revolving Commitments exceed the Total Utilization of Revolving Commitments at the time of such proposed termination or reduction; provided, any such partial reduction of the Delayed Draw Term Loan Revolving Commitments shall be in an aggregate minimum amount of five million Dollars ($5,000,000 5,000,000) and integral multiples of one million Dollars $1,000,000 1,000,000) in excess of that amount. Any Delayed Draw Term Loan Commitments terminated under this Section 2.10(b) may not be re-established. (ii) Borrower’s Borrowers’ notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Delayed Draw Term Loan Revolving Commitments shall be effective on the date specified in Borrower’s Borrowers’ notice and shall reduce the Delayed Draw Term Loan Revolving Commitment of each Lender proportionately.proportionately to its Pro Rata Share thereof. -62- CREDIT AGREEMENT (PATTERN REVOLVER)

Commitment Reductions. (i) Prior to the Delayed Draw Funding Date, Borrower Borrowers may, upon not less than three one (1) Business Days’ Day’s prior written or telephonic notice promptly confirmed by delivery of written notice thereof in writing to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Delayed Draw Term Loan CommitmentsRevolving Commitments in an amount up to the amount by which the Revolving Commitments exceed the Total Utilization of Revolving Commitments at the time of such proposed termination or reduction; provided, any such partial reduction of the Delayed Draw Term Loan Revolving Commitments shall be in an aggregate minimum amount of five million Dollars ($5,000,000 5,000,000) and integral multiples of one million Dollars $1,000,000 in excess of that amount. Any Delayed Draw Term Loan Commitments terminated under this Section 2.10(b) may not be re-established. (ii) Borrower’s Borrowers’ notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Delayed Draw Term Loan Revolving Commitments shall be effective on the date specified in Borrower’s Borrowers’ notice and shall reduce the Delayed Draw Term Loan Revolving Commitment of each Lender proportionatelyproportionately to its Pro Rata Share thereof.