Optional Terminations and Reductions. At its option, Borrower may at any time terminate, or from time to time permanently reduce, the Commitments; provided that each reduction of the Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $1.0 million.
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Samples: Revolving Credit Agreement (Regency Energy Partners LP)
Optional Terminations and Reductions. At its option, Borrower may at any time terminate, or from time to time permanently reduce, the Commitments; provided that each reduction of the Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $1.0 million250,000. In connection with any such reduction, all Fees required under Section 2.05 shall be paid at such time.
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Optional Terminations and Reductions. At its option, Borrower may at any time terminate, or from time to time permanently reduce, the CommitmentsCommitments of any Class; provided that each reduction of the Commitments of any Class shall be in an amount that is an integral multiple of $500,000 and not less than $1.0 million1,000,000.
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Optional Terminations and Reductions. At its option, the Borrower may at any time terminate, or from time to time time, without premium or penalty, permanently reduce, the CommitmentsCommitments of any Tranche; provided that each reduction of the Commitments of any Tranche shall be in an amount that is an integral multiple of $500,000 100,000 and not less than $1.0 million250,000.
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Samples: Second Lien Credit Agreement (Allvue Systems Holdings, Inc.)
Optional Terminations and Reductions. At its option, Borrower Borrowers may at any time terminate, or from time to time permanently reduce, the Commitments; provided that each reduction of the Commitments shall be in an amount that is an integral multiple of $500,000 100,000, and not less than $1.0 million200,000.
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Samples: Possession Credit Agreement
