{"component": "clause", "props": {"groups": [{"size": 65, "snippet_links": [{"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [23, 57]}, {"key": "aggregate-revolving-commitments", "type": "definition", "offset": [73, 104]}, {"key": "from-time-to-time", "type": "clause", "offset": [109, 126]}, {"key": "amount-of-revolving-loans", "type": "clause", "offset": [235, 260]}, {"key": "provided-that", "type": "definition", "offset": [300, 313]}, {"key": "received-by", "type": "definition", "offset": [343, 354]}, {"key": "prior-to-the", "type": "clause", "offset": [429, 441]}, {"key": "termination-or-reduction", "type": "clause", "offset": [450, 474]}, {"key": "aggregate-amount", "type": "clause", "offset": [523, 539]}, {"key": "the-borrower-shall", "type": "clause", "offset": [618, 636]}, {"key": "after-giving", "type": "clause", "offset": [705, 717]}, {"key": "total-revolving-outstandings", "type": "definition", "offset": [782, 810]}, {"key": "the-letter-of-credit-sublimit", "type": "clause", "offset": [865, 894]}, {"key": "cash-collateralized", "type": "definition", "offset": [990, 1009]}, {"key": "swing-line-sublimit", "type": "definition", "offset": [1075, 1094]}, {"key": "amount-of-swing-line-loans", "type": "clause", "offset": [1198, 1224]}], "samples": [{"hash": "bPz7rplRrXJ", "uri": "/contracts/bPz7rplRrXJ#optional-reductions", "label": "Credit Agreement (Phillips Edison & Company, Inc.)", "score": 36.1019859314, "published": true}, {"hash": "2U4CIfkyzzy", "uri": "/contracts/2U4CIfkyzzy#optional-reductions", "label": "Credit Agreement (Phillips Edison & Company, Inc.)", "score": 36.0253257751, "published": true}, {"hash": "juiY3RY4M5V", "uri": "/contracts/juiY3RY4M5V#optional-reductions", "label": "Credit Agreement (Phillips Edison & Company, Inc.)", "score": 33.8870620728, "published": true}], "snippet": "The Borrower may, upon notice to the Administrative Agent, terminate the Aggregate Revolving Commitments, or from time to time permanently reduce the Aggregate Revolving Commitments to an amount not less than the Outstanding Revolving Amount of Revolving Loans, Swing Line Loans and L/C Obligations; provided that (i) any such notice shall be received by the Administrative Agent not later than 1:00 p.m., five (5) Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $2,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) the Borrower shall not terminate or reduce (A) the Aggregate Revolving Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Revolving Outstandings would exceed the Aggregate Revolving Commitments, (B) the Letter of Credit Sublimit if, after giving effect thereto, the Outstanding Revolving Amount of L/C Obligations not fully Cash Collateralized hereunder would exceed the Letter of Credit Sublimit, or (C) the Swing Line Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Revolving Amount of Swing Line Loans would exceed the Swing Line Sublimit.", "hash": "b2fe197ed663c62aa69b203e024a4614", "id": 1}, {"size": 65, "snippet_links": [{"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [23, 57]}, {"key": "aggregate-revolving-commitments", "type": "definition", "offset": [73, 104]}, {"key": "from-time-to-time", "type": "clause", "offset": [109, 126]}, {"key": "amount-of-revolving-loans", "type": "clause", "offset": [225, 250]}, {"key": "provided-that", "type": "definition", "offset": [290, 303]}, {"key": "received-by", "type": "definition", "offset": [333, 344]}, {"key": "prior-to-the", "type": "clause", "offset": [420, 432]}, {"key": "termination-or-reduction", "type": "clause", "offset": [441, 465]}, {"key": "aggregate-amount", "type": "clause", "offset": [514, 530]}, {"key": "the-borrower-shall", "type": "clause", "offset": [609, 627]}, {"key": "after-giving", "type": "clause", "offset": [696, 708]}, {"key": "total-revolving-outstandings", "type": "definition", "offset": [773, 801]}, {"key": "the-letter-of-credit-sublimit", "type": "clause", "offset": [856, 885]}, {"key": "cash-collateralized", "type": "definition", "offset": [971, 990]}, {"key": "swing-line-sublimit", "type": "definition", "offset": [1056, 1075]}, {"key": "amount-of-swing-line-loans", "type": "clause", "offset": [1169, 1195]}, {"key": "each-notice", "type": "definition", "offset": [1234, 1245]}, {"key": "by-the-borrower", "type": "clause", "offset": [1256, 1271]}, {"key": "pursuant-to", "type": "clause", "offset": [1272, 1283]}, {"key": "termination-of-the", "type": "clause", "offset": [1353, 1371]}, {"key": "other-credit-facilities", "type": "definition", "offset": [1498, 1521]}, {"key": "without-limitation", "type": "clause", "offset": [1534, 1552]}, {"key": "agreement-or", "type": "definition", "offset": [1594, 1606]}, {"key": "by-notice", "type": "clause", "offset": [1680, 1689]}, {"key": "effective-date", "type": "clause", "offset": [1747, 1761]}, {"key": "any-termination", "type": "clause", "offset": [1799, 1814]}, {"key": "reduction-of", "type": "clause", "offset": [1818, 1830]}, {"key": "commitments-of-the-lenders", "type": "clause", "offset": [2032, 2058]}, {"key": "in-accordance-with", "type": "definition", "offset": [2059, 2077]}, {"key": "applicable-percentage", "type": "definition", "offset": [2084, 2105]}], "samples": [{"hash": "bG0hylScqiL", "uri": "/contracts/bG0hylScqiL#optional-reductions", "label": "Credit Agreement (Laboratory Corp of America Holdings)", "score": 34.1581115723, "published": true}, {"hash": "jP0nOdz7vry", "uri": "/contracts/jP0nOdz7vry#optional-reductions", "label": "Credit Agreement (Laboratory Corp of America Holdings)", "score": 32.3374404907, "published": true}, {"hash": "g9WJqCZ8AAw", "uri": "/contracts/g9WJqCZ8AAw#optional-reductions", "label": "Credit Agreement (Laboratory Corp of America Holdings)", "score": 29.3490753174, "published": true}], "snippet": "The Borrower may, upon notice to the Administrative Agent, terminate the Aggregate Revolving Commitments, or from time to time permanently reduce the Aggregate Revolving Commitments to an amount not less than the Outstanding Amount of Revolving Loans, Swing Line Loans and L/C Obligations; provided that (i) any such notice shall be received by the Administrative Agent not later than 12:00 noon three (3) Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $2,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) the Borrower shall not terminate or reduce (A) the Aggregate Revolving Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Revolving Outstandings would exceed the Aggregate Revolving Commitments, (B) the Letter of Credit Sublimit if, after giving effect thereto, the Outstanding Amount of L/C Obligations not fully Cash Collateralized hereunder would exceed the Letter of Credit Sublimit, or (C) the Swing Line Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of Swing Line Loans would exceed the Swing Line Sublimit. Each notice delivered by the Borrower pursuant to this Section 2.06(a) shall be irrevocable; provided that a notice of termination of the Aggregate Revolving Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities (including, without limitation, credit facilities evidenced by a credit agreement or an indenture), in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of the Aggregate Revolving Commitments pursuant to this Section 2.06 shall be permanent. Each reduction of the Aggregate Revolving Commitments pursuant to this Section 2.06 shall be made to the Revolving Commitments of the Lenders in accordance with their Applicable Percentage.", "hash": "2856810209f243d5d6bc08553a86b708", "id": 2}, {"size": 40, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "right-to-terminate", "type": "clause", "offset": [28, 46]}, {"key": "facility-amount", "type": "clause", "offset": [82, 97]}, {"key": "at-any-time", "type": "clause", "offset": [98, 109]}, {"key": "from-time-to-time", "type": "clause", "offset": [113, 130]}, {"key": "payment-of", "type": "clause", "offset": [153, 163]}, {"key": "fee-payable", "type": "clause", "offset": [198, 209]}, {"key": "in-connection", "type": "definition", "offset": [210, 223]}, {"key": "business-days", "type": "clause", "offset": [261, 274]}, {"key": "the-collateral-agent", "type": "clause", "offset": [292, 312]}, {"key": "the-lenders", "type": "clause", "offset": [314, 325]}, {"key": "the-administrative-agent", "type": "definition", "offset": [330, 354]}, {"key": "date-of", "type": "clause", "offset": [435, 442]}, {"key": "provided-that", "type": "definition", "offset": [511, 524]}, {"key": "reduction-of-the-facility", "type": "clause", "offset": [552, 577]}, {"key": "equal-to", "type": "definition", "offset": [594, 602]}, {"key": "dollar-equivalent", "type": "clause", "offset": [616, 633]}, {"key": "unused-portion", "type": "definition", "offset": [673, 687]}, {"key": "sum-of", "type": "clause", "offset": [766, 772]}, {"key": "advances-outstanding", "type": "definition", "offset": [836, 856]}, {"key": "revolving-exposure", "type": "definition", "offset": [882, 900]}, {"key": "notice-of-termination-or-reduction", "type": "clause", "offset": [920, 954]}, {"key": "upon-receipt", "type": "definition", "offset": [995, 1007]}, {"key": "pro-rata", "type": "clause", "offset": [1029, 1037]}, {"key": "funding-amounts", "type": "definition", "offset": [1089, 1104]}, {"key": "each-lender", "type": "clause", "offset": [1108, 1119]}, {"key": "collection-date", "type": "definition", "offset": [1186, 1201]}, {"key": "this-agreement", "type": "clause", "offset": [1203, 1217]}], "samples": [{"hash": "kDUs6bVjFBe", "uri": "/contracts/kDUs6bVjFBe#optional-reductions", "label": "Credit Agreement (HPS Corporate Lending Fund)", "score": 37.0547561646, "published": true}, {"hash": "lTDMmFdqjwi", "uri": "/contracts/lTDMmFdqjwi#optional-reductions", "label": "Credit Agreement (HPS Corporate Lending Fund)", "score": 35.8911705017, "published": true}, {"hash": "8LLCoGNYyB7", "uri": "/contracts/8LLCoGNYyB7#optional-reductions", "label": "Credit Agreement (HPS Corporate Lending Fund)", "score": 35.6365509033, "published": true}], "snippet": "The Borrower shall have the right to terminate or reduce the unused amount of the Facility Amount at any time or from time to time concurrently with the payment of any applicable Facility Reduction Fee payable in connection therewith upon not less than two (2) Business Days\u2019 prior notice to the Collateral Agent, the Lenders and the Administrative Agent of each such termination or reduction, which notice shall specify the effective date of such termination or reduction and the amount of any such reduction; provided that (i) the amount of any such reduction of the Facility Amount shall be equal to at least the Dollar Equivalent of $500,000 or, if less, the remaining unused portion thereof, and (ii) no such reduction will reduce the Facility Amount below the sum of the Dollar Equivalent of (x) the aggregate principal amount of Advances outstanding at such time and (y) the Revolving Exposure at such time. Such notice of termination or reduction shall be irrevocable and effective only upon receipt and shall be applied pro rata to reduce the respective Individual Lender Maximum Funding Amounts of each Lender. Except as otherwise set forth herein, upon the occurrence of the Collection Date, this Agreement shall terminate automatically.", "hash": "93403c2d1563199f18e3622edc38941f", "id": 3}, {"size": 32, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "right-to-terminate", "type": "clause", "offset": [28, 46]}, {"key": "amount-of-the-facility", "type": "clause", "offset": [68, 90]}, {"key": "at-any-time", "type": "clause", "offset": [98, 109]}, {"key": "from-time-to-time", "type": "clause", "offset": [113, 130]}, {"key": "without-penalty", "type": "definition", "offset": [132, 147]}, {"key": "payment-of", "type": "clause", "offset": [175, 185]}, {"key": "lender-fee-letter", "type": "definition", "offset": [225, 242]}, {"key": "business-days", "type": "clause", "offset": [271, 284]}, {"key": "notice-to-the", "type": "clause", "offset": [292, 305]}, {"key": "the-lenders", "type": "clause", "offset": [324, 335]}, {"key": "date-of", "type": "clause", "offset": [445, 452]}, {"key": "provided-that", "type": "definition", "offset": [521, 534]}, {"key": "notice-of-termination-or-reduction", "type": "clause", "offset": [537, 571]}, {"key": "other-events", "type": "definition", "offset": [640, 652]}, {"key": "by-the-borrower", "type": "clause", "offset": [695, 710]}, {"key": "the-administrative-agent-and-the-collateral-agent", "type": "clause", "offset": [725, 774]}, {"key": "prior-to-the", "type": "clause", "offset": [781, 793]}, {"key": "each-case", "type": "definition", "offset": [882, 891]}, {"key": "reduction-of-the-facility", "type": "clause", "offset": [920, 945]}, {"key": "equal-to", "type": "definition", "offset": [962, 970]}, {"key": "integral-multiple", "type": "definition", "offset": [995, 1012]}, {"key": "unused-portion", "type": "definition", "offset": [1070, 1084]}, {"key": "sum-of", "type": "clause", "offset": [1162, 1168]}, {"key": "advances-outstanding", "type": "definition", "offset": [1207, 1227]}, {"key": "delayed-drawdown-exposure", "type": "definition", "offset": [1253, 1278]}, {"key": "upon-receipt", "type": "definition", "offset": [1373, 1385]}, {"key": "maximum-facility-amount", "type": "clause", "offset": [1407, 1430]}, {"key": "pro-rata", "type": "clause", "offset": [1446, 1454]}, {"key": "funding-amounts", "type": "definition", "offset": [1506, 1521]}, {"key": "each-lender", "type": "clause", "offset": [1525, 1536]}, {"key": "collection-date", "type": "definition", "offset": [1603, 1618]}, {"key": "this-agreement", "type": "clause", "offset": [1620, 1634]}], "samples": [{"hash": "QssOMpBf1", "uri": "/contracts/QssOMpBf1#optional-reductions", "label": "Revolving Credit and Security Agreement (Goldman Sachs Private Credit Corp.)", "score": 37.3066392882, "published": true}, {"hash": "6bq3aKs0Gdz", "uri": "/contracts/6bq3aKs0Gdz#optional-reductions", "label": "Revolving Credit and Security Agreement (Goldman Sachs Private Credit Corp.)", "score": 36.0965080261, "published": true}, {"hash": "k4bm0uugQxp", "uri": "/contracts/k4bm0uugQxp#optional-reductions", "label": "Revolving Credit and Security Agreement (Goldman Sachs Private Credit Corp.)", "score": 35.847366333, "published": true}], "snippet": "The Borrower shall have the right to terminate or reduce the unused amount of the Facility Amount at any time or from time to time, without penalty or premium (other than the payment of any Make-Whole Amount specified in the Lender Fee Letter) upon not less than two (2) Business Days\u2019 prior notice to the Collateral Agent, the Lenders and the Administrative Agent of each such termination or reduction, which notice shall specify the effective date of such termination or reduction and the amount of any such reduction; provided that a notice of termination or reduction may state that such notice is conditioned upon the effectiveness of other events, in which case such notice may be revoked by the Borrower (by notice of the Administrative Agent and the Collateral Agent on or prior to the specified effective date) if such condition is not satisfied; provided further that, in each case, (i) the amount of any such reduction of the Facility Amount shall be equal to at least $500,000 or an integral multiple of $100,000 in excess thereof or, if less, the remaining unused portion thereof and (ii) no such reduction will reduce the Facility Amount below the sum of (x) the aggregate principal amount of Advances outstanding at such time and (y) the Delayed Drawdown Exposure at such time. Such notice of termination or reduction shall be irrevocable and effective only upon receipt and shall reduce the Maximum Facility Amount and be applied pro rata to reduce the respective Individual Lender Maximum Funding Amounts of each Lender. Except as otherwise set forth herein, upon the occurrence of the Collection Date, this Agreement shall terminate automatically.", "hash": "1013d9c6b9b382376a9a5150a3ae5e12", "id": 4}, {"size": 27, "snippet_links": [{"key": "the-right", "type": "clause", "offset": [15, 24]}, {"key": "business-days", "type": "clause", "offset": [42, 55]}, {"key": "notice-to-the-agent", "type": "clause", "offset": [57, 76]}, {"key": "the-commitments", "type": "clause", "offset": [173, 188]}, {"key": "provided-that", "type": "definition", "offset": [190, 203]}, {"key": "minimum-amount", "type": "definition", "offset": [241, 255]}, {"key": "integral-multiple", "type": "definition", "offset": [277, 294]}, {"key": "aggregate-amount", "type": "clause", "offset": [358, 374]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [451, 477]}, {"key": "bid-advances", "type": "clause", "offset": [485, 497]}], "samples": [{"hash": "jRZ4b5W5BYe", "uri": "/contracts/jRZ4b5W5BYe#optional-reductions", "label": "Credit Agreement (Boeing Co)", "score": 28.8384666443, "published": true}, {"hash": "37Tt8FdWkTU", "uri": "/contracts/37Tt8FdWkTU#optional-reductions", "label": "Credit Agreement (Boeing Co)", "score": 27.8528404236, "published": true}, {"hash": "5wvfMnJPsGC", "uri": "/contracts/5wvfMnJPsGC#optional-reductions", "label": "Credit Agreement (Boeing Co)", "score": 26.8453121185, "published": true}], "snippet": "TBC shall have the right, upon at least 3 Business Days\u2019 notice to the Agent, to permanently terminate in whole or permanently reduce ratably in part the unused portions of the Commitments, provided that each partial reduction shall be in a minimum amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof, and provided further that the aggregate amount of the Commitments shall not be reduced to an amount which is less than the aggregate principal amount of the Bid Advances then outstanding.", "hash": "cf9f734c834e9acb65a245c47fc9a958", "id": 5}, {"size": 15, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "the-right", "type": "clause", "offset": [24, 33]}, {"key": "business-days", "type": "clause", "offset": [59, 72]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [74, 108]}, {"key": "commitments-of-the-lenders", "type": "clause", "offset": [196, 222]}, {"key": "provided-that", "type": "definition", "offset": [224, 237]}, {"key": "aggregate-amount", "type": "clause", "offset": [281, 297]}, {"key": "integral-multiple", "type": "definition", "offset": [318, 335]}, {"key": "the-commitments", "type": "clause", "offset": [395, 410]}, {"key": "total-utilization-of-commitments", "type": "definition", "offset": [483, 515]}], "samples": [{"hash": "75D70Ir315", "uri": "/contracts/75D70Ir315#optional-reductions", "label": "Credit Agreement (Viad Corp)", "score": 18.0, "published": true}, {"hash": "4GSl9j3WK5w", "uri": "/contracts/4GSl9j3WK5w#optional-reductions", "label": "Credit Agreement (Viad Corp)", "score": 18.0, "published": true}], "snippet": "The Borrower shall have the right, upon at least three (3) Business Days' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (i) each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.", "hash": "6127322f80d9a3047de25e4c2c9f522c", "id": 6}, {"size": 14, "snippet_links": [{"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [23, 57]}, {"key": "from-time-to-time", "type": "clause", "offset": [99, 116]}, {"key": "provided-that", "type": "definition", "offset": [163, 176]}, {"key": "received-by", "type": "definition", "offset": [206, 217]}, {"key": "prior-to-the", "type": "clause", "offset": [291, 303]}, {"key": "date-of-termination", "type": "clause", "offset": [304, 323]}, {"key": "aggregate-amount", "type": "clause", "offset": [388, 404]}, {"key": "tranche-a-commitments", "type": "definition", "offset": [489, 510]}, {"key": "tranche-b-commitments", "type": "definition", "offset": [519, 540]}, {"key": "as-directed", "type": "clause", "offset": [595, 606]}, {"key": "by-the-borrower", "type": "clause", "offset": [607, 622]}, {"key": "reduction-of-commitments", "type": "clause", "offset": [685, 709]}, {"key": "each-tranche", "type": "definition", "offset": [966, 978]}, {"key": "the-lenders", "type": "clause", "offset": [1022, 1033]}, {"key": "notify-the", "type": "clause", "offset": [1087, 1097]}, {"key": "termination-or-reduction-of-the-aggregate-commitments", "type": "clause", "offset": [1128, 1181]}, {"key": "fees-accrued", "type": "clause", "offset": [1187, 1199]}, {"key": "termination-of-the", "type": "clause", "offset": [1253, 1271]}, {"key": "on-the-effective-date", "type": "clause", "offset": [1308, 1329]}], "samples": [{"hash": "2C2ScGfFl9t", "uri": "/contracts/2C2ScGfFl9t#optional-reductions", "label": "Credit Agreement (Teledyne Technologies Inc)", "score": 27.9459266663, "published": true}, {"hash": "a7ICG0ehUUD", "uri": "/contracts/a7ICG0ehUUD#optional-reductions", "label": "Credit Agreement", "score": 24.1704311371, "published": true}], "snippet": "The Borrower may, upon notice to the Administrative Agent, terminate the Aggregate Commitments, or from time to time permanently reduce the Aggregate Commitments; provided that (i) any such notice shall be received by the Administrative Agent not later than 9:00 a.m. five (5) Business Days prior to the date of termination or reduction and (ii) any such partial reduction shall be in an aggregate amount of \u00a35,000,000 or any whole multiple of \u00a31,000,000 in excess thereof. As between the Tranche A Commitments and the Tranche B Commitments, the reductions to the Aggregate Commitments shall be as directed by the Borrower; provided that if the Borrower makes no such indication, each reduction of Commitments shall be applied first to the Tranche A Commitments until the amount of Tranche A Commitments outstanding is \u00a30, and any remaining reductions shall be applied to the Tranche B Commitments until the amount of Tranche B Commitments outstanding is \u00a30. Within each Tranche, the reductions will be applied ratably to the Lenders\u2019 Commitments. The Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction of the Aggregate Commitments. All fees accrued with respect thereto until the effective date of any termination of the Aggregate Commitments shall be paid on the effective date of such termination.", "hash": "ada950f76a03c761f901bda2524792ab", "id": 7}, {"size": 9, "snippet_links": [{"key": "commitment-termination-date", "type": "clause", "offset": [13, 40]}, {"key": "the-borrower-shall", "type": "clause", "offset": [42, 60]}, {"key": "right-to-terminate", "type": "clause", "offset": [70, 88]}, {"key": "facility-amount", "type": "clause", "offset": [124, 139]}, {"key": "at-any-time", "type": "clause", "offset": [140, 151]}, {"key": "from-time-to-time", "type": "clause", "offset": [155, 172]}, {"key": "business-days", "type": "clause", "offset": [228, 241]}, {"key": "notice-to-the-lenders", "type": "clause", "offset": [249, 270]}, {"key": "the-administrative-agent", "type": "definition", "offset": [293, 317]}, {"key": "date-of", "type": "clause", "offset": [398, 405]}, {"key": "provided-that", "type": "definition", "offset": [474, 487]}, {"key": "reduction-of-the-facility", "type": "clause", "offset": [515, 540]}, {"key": "equal-to", "type": "definition", "offset": [557, 565]}, {"key": "integral-multiple", "type": "definition", "offset": [590, 607]}, {"key": "unused-portion", "type": "definition", "offset": [665, 679]}, {"key": "sum-of", "type": "clause", "offset": [758, 764]}, {"key": "advances-outstanding", "type": "definition", "offset": [799, 819]}, {"key": "swingline-advances", "type": "definition", "offset": [831, 849]}, {"key": "unfunded-commitments", "type": "definition", "offset": [886, 906]}, {"key": "of-the-borrower", "type": "clause", "offset": [917, 932]}, {"key": "revolving-collateral", "type": "definition", "offset": [935, 955]}, {"key": "delayed-drawdown-collateral-loans", "type": "clause", "offset": [966, 999]}, {"key": "notice-of-termination-or-reduction", "type": "clause", "offset": [1006, 1040]}, {"key": "upon-receipt", "type": "definition", "offset": [1081, 1093]}, {"key": "pro-rata", "type": "clause", "offset": [1115, 1123]}, {"key": "commitments-of-each-lender", "type": "clause", "offset": [1149, 1175]}], "samples": [{"hash": "fi8k8Bwv9Yx", "uri": "/contracts/fi8k8Bwv9Yx#optional-reductions", "label": "Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.)", "score": 26.5934295654, "published": true}, {"hash": "ihq4nuqy6Cn", "uri": "/contracts/ihq4nuqy6Cn#optional-reductions", "label": "Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.)", "score": 24.8685836792, "published": true}], "snippet": "Prior to the Commitment Termination Date, the Borrower shall have the right to terminate or reduce the unused amount of the Facility Amount at any time or from time to time without any fee or penalty upon not less than five (5) Business Days\u2019 prior notice to the Lenders, Collateral Agent and the Administrative Agent of each such termination or reduction, which notice shall specify the effective date of such termination or reduction and the amount of any such reduction; provided that (i) the amount of any such reduction of the Facility Amount shall be equal to at least $500,000 or an integral multiple of $100,000 in excess thereof or, if less, the remaining unused portion thereof, and (ii) no such reduction will reduce the Facility Amount below the sum of (x) aggregate principal amount of Advances outstanding (including Swingline Advances) at such time and (y) the aggregate unfunded commitments under all of the Borrower\u2019s Revolving Collateral Loans and Delayed Drawdown Collateral Loans. Such notice of termination or reduction shall be irrevocable and effective only upon receipt and shall be applied pro rata to reduce the respective Commitments of each Lender.", "hash": "6db7766e7ca9990516e0f0881503b0ae", "id": 8}, {"size": 8, "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [0, 12]}, {"key": "first-anniversary", "type": "clause", "offset": [13, 30]}, {"key": "the-closing-date", "type": "clause", "offset": [34, 50]}, {"key": "the-borrower-shall", "type": "clause", "offset": [52, 70]}, {"key": "right-to-terminate", "type": "clause", "offset": [80, 98]}, {"key": "facility-amount", "type": "clause", "offset": [134, 149]}, {"key": "at-any-time", "type": "clause", "offset": [150, 161]}, {"key": "from-time-to-time", "type": "clause", "offset": [165, 182]}, {"key": "payment-of", "type": "clause", "offset": [205, 215]}, {"key": "fee-payable", "type": "clause", "offset": [252, 263]}, {"key": "in-connection", "type": "definition", "offset": [264, 277]}, {"key": "business-days", "type": "clause", "offset": [315, 328]}, {"key": "the-collateral-agent", "type": "clause", "offset": [346, 366]}, {"key": "the-lenders", "type": "clause", "offset": [368, 379]}, {"key": "the-administrative-agent", "type": "definition", "offset": [384, 408]}, {"key": "date-of", "type": "clause", "offset": [489, 496]}, {"key": "provided-that", "type": "definition", "offset": [565, 578]}, {"key": "reduction-of-the-facility", "type": "clause", "offset": [606, 631]}, {"key": "equal-to", "type": "definition", "offset": [648, 656]}, {"key": "integral-multiple", "type": "definition", "offset": [681, 698]}, {"key": "unused-portion", "type": "definition", "offset": [756, 770]}, {"key": "sum-of", "type": "clause", "offset": [849, 855]}, {"key": "advances-outstanding", "type": "definition", "offset": [894, 914]}, {"key": "revolving-exposure", "type": "definition", "offset": [940, 958]}, {"key": "notice-of-termination-or-reduction", "type": "clause", "offset": [978, 1012]}, {"key": "upon-receipt", "type": "definition", "offset": [1053, 1065]}, {"key": "pro-rata", "type": "clause", "offset": [1087, 1095]}, {"key": "commitments-of-each-lender", "type": "clause", "offset": [1121, 1147]}, {"key": "collection-date", "type": "definition", "offset": [1214, 1229]}, {"key": "this-agreement", "type": "clause", "offset": [1231, 1245]}], "samples": [{"hash": "aH2NUbOw2Ua", "uri": "/contracts/aH2NUbOw2Ua#optional-reductions", "label": "Revolving Credit and Security Agreement (Blackstone / GSO Secured Lending Fund)", "score": 30.8672142029, "published": true}, {"hash": "1ipP25kFqM6", "uri": "/contracts/1ipP25kFqM6#optional-reductions", "label": "Revolving Credit and Security Agreement (Blackstone / GSO Secured Lending Fund)", "score": 30.3490753174, "published": true}, {"hash": "gVPEuxcpW7R", "uri": "/contracts/gVPEuxcpW7R#optional-reductions", "label": "Revolving Credit and Security Agreement (Blackstone / GSO Secured Lending Fund)", "score": 29.988363266, "published": true}], "snippet": "Prior to the first anniversary of the Closing Date, the Borrower shall have the right to terminate or reduce the unused amount of the Facility Amount at any time or from time to time concurrently with the payment of any applicable Commitment Reduction Fee payable in connection therewith upon not less than two (2) Business Days\u2019 prior notice to the Collateral Agent, the Lenders and the Administrative Agent of each such termination or reduction, which notice shall specify the effective date of such termination or reduction and the amount of any such reduction; provided that (i) the amount of any such reduction of the Facility Amount shall be equal to at least $500,000 or an integral multiple of $100,000 in excess thereof or, if less, the remaining unused portion thereof, and (ii) no such reduction will reduce the Facility Amount below the sum of (x) the aggregate principal amount of Advances outstanding at such time and (y) the Revolving Exposure at such time. Such notice of termination or reduction shall be irrevocable and effective only upon receipt and shall be applied pro rata to reduce the respective Commitments of each Lender. Except as otherwise set forth herein, upon the occurrence of the Collection Date, this Agreement shall terminate automatically.", "hash": "30a4aff4c5a76775c7a20157d0946eb5", "id": 9}, {"size": 7, "snippet_links": [{"key": "notice-to-the-lender", "type": "clause", "offset": [23, 43]}, {"key": "delayed-draw-term-loan-commitment", "type": "definition", "offset": [59, 92]}, {"key": "from-time-to-time", "type": "clause", "offset": [97, 114]}, {"key": "by-the-lender", "type": "clause", "offset": [227, 240]}, {"key": "prior-to-the", "type": "clause", "offset": [298, 310]}, {"key": "termination-or-reduction", "type": "clause", "offset": [319, 343]}, {"key": "aggregate-amount", "type": "clause", "offset": [396, 412]}, {"key": "other-transactions", "type": "definition", "offset": [605, 623]}, {"key": "by-the-borrower", "type": "clause", "offset": [697, 712]}, {"key": "by-notice", "type": "clause", "offset": [714, 723]}, {"key": "effective-date", "type": "clause", "offset": [767, 781]}], "samples": [{"hash": "iOYJBBfKbMz", "uri": "/contracts/iOYJBBfKbMz#optional-reductions", "label": "Delayed Draw Term Loan Credit Agreement (Sphere Entertainment Co.)", "score": 34.3086929321, "published": true}, {"hash": "9tWhbDbmivB", "uri": "/contracts/9tWhbDbmivB#optional-reductions", "label": "Delayed Draw Term Loan Credit Agreement (Madison Square Garden Entertainment Corp.)", "score": 34.3086929321, "published": true}, {"hash": "gygpaJPIH8b", "uri": "/contracts/gygpaJPIH8b#optional-reductions", "label": "Delayed Draw Term Loan Credit Agreement (MSGE Spinco, Inc.)", "score": 34.1854896545, "published": true}], "snippet": "The Borrower may, upon notice to the Lender, terminate the Delayed Draw Term Loan Commitment, or from time to time permanently reduce the Delayed Draw Term Loan Commitment; provided, that, (i) any such notice shall be received by the Lender not later than 12:00 p.m. (noon) three (3) Business Days prior to the date of termination or reduction, and (ii) any such partial reduction shall be in an aggregate amount of Two Million Dollars ($2,000,000), or in any whole multiple of One Million Dollars ($1,000,000) in excess thereof. 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