Common use of Optional Reduction of Commitment Clause in Contracts

Optional Reduction of Commitment. The Company may, upon not less than three (3) Business Days' notice to the Lenders, terminate the unused Commitment at any time or reduce the unused Commitment from time to time in amounts equal to $5,000,000 or any larger multiple of $1,000,000. Any such reduction shall reduce permanently each Lender's Commitment then in effect pro rata.

Optional Reduction of Commitment. The Company may, upon not less than three (3) Business Days' notice to the LendersPurchaser, terminate the unused Commitment at any time or reduce the unused Commitment from time to time in amounts equal to $5,000,000 or any larger multiple of $1,000,000. Any such reduction shall reduce permanently each Lender's Commitment then in effect pro rata.