Common use of Foreign Currency Commitment Clause in Contracts

Foreign Currency Commitment. The Borrower may from time to time permanently reduce the aggregate amount of the Foreign Currency Commitments in whole or in part without premium or penalty except as provided in Section 3.11 upon three Business Days' prior written notice to the Agent, provided that (A) after giving effect to any voluntary reduction the Dollar Amount (as determined as of the most recent Determination Date) of the Foreign Currency Loans then outstanding shall not exceed the Foreign Currency Committed Amount, as reduced from time to time, (B) after giving effect to any voluntary reduction the Dollar Amount (as determined as of the most recent Determination Date) of the Revolving Obligations then outstanding shall not exceed the Aggregate Revolving Committed Amount, as changed from time to time and (C) partial reductions shall be in the minimum principal amount of $1,000,000, and in integral multiples of $1,000,000 in excess thereof.

Foreign Currency Commitment. The Borrower may from time to time permanently reduce the aggregate amount of the Foreign Currency Commitments in whole or in part without premium or penalty except as provided in Section 3.11 upon three (3) Business Days' prior written notice to the Agent, provided that (A) after giving effect to any voluntary reduction the Dollar Amount (as determined as of the most recent Determination Date) of the Foreign Currency Loans then outstanding shall not exceed the Foreign Currency Committed Amount, as reduced from time to time, (B) after giving effect to any voluntary reduction the Dollar Amount (as determined as of the most recent Determination Date) of the Revolving Obligations then outstanding shall not exceed the Aggregate Revolving Committed Amount, as changed reduced from time to time and (C) partial reductions shall be in the minimum principal amount of $1,000,000, and in integral multiples of $1,000,000 in excess thereof.