New Delayed-Draw Term Loan Committed Amount Sample Clauses

New Delayed-Draw Term Loan Committed Amount. The Borrower from time to time may permanently reduce or terminate the New Delayed-Draw Term Loan Committed Amount in whole or in part (in minimum aggregate amounts of $2,000,000 or in integral multiples of $500,000 in excess thereof (or, if less, the full remaining amount of the then applicable New Delayed-Draw Term Loan Committed Amount)) upon three (3) Business Days’ prior written notice to the Administrative Agent; provided, however, that no such termination or reduction of the New Delayed-Draw Term Loan Committed Amount shall be made which would cause the New Delayed-Draw Term Loan Committed Amount to be less than the outstanding principal amount of Revolving Loans with respect to which a request for a New Delayed-Draw Term Loan to refinance such Revolving Loans is in effect pursuant to Section 2.5(b)(i)(x). The Administrative Agent shall promptly notify each affected Lender of receipt by the Administrative Agent of any notice from the Borrower pursuant to this Section 3.4(a)(iii). *************