Common use of Reduction and Termination of Commitments Clause in Contracts

Reduction and Termination of Commitments. (a) The Borrower may, upon not less than three Business Days' prior notice to the Administrative Agent, terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) by an aggregate minimum amount of $2,000,000 or any multiple of $100,000 in excess thereof; provided, however, that no such reduction or termination shall be permitted if after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (i) the then outstanding principal amount of the Revolving Loans and Swingline Loans plus the outstanding Letter of Credit Obligations would exceed the Aggregate Revolving Commitment then in effect or (ii) the aggregate amount of Letter of Credit Obligations would exceed the Letter of Credit Commitment then in effect; and, provided further, that once reduced in accordance with this Section 2.05, the Aggregate Revolving Commitment (including the Letter of Credit Commitment) may not be increased.

Reduction and Termination of Commitments. (a) The Borrower may, upon not less than three Business Days' prior notice to the Administrative Agent, terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) by an aggregate minimum amount of $2,000,000 5,000,000 or any multiple of $100,000 in excess thereof; provided, however, that no such reduction or termination shall be permitted if after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (i) the then outstanding principal amount of the Revolving Loans and Swingline Loans plus the outstanding Letter of Credit Obligations would exceed the Aggregate Revolving Commitment then in effect or (ii) the aggregate amount of Letter of Credit Obligations would exceed the Letter of Credit Commitment then in effect; and, provided further, that once reduced in accordance with this Section 2.05, the Aggregate Revolving Commitment (including the Letter of Credit Commitment) may not be increased.

Reduction and Termination of Commitments. (a) The Borrower may, upon not less than three Business Days' prior notice to the Administrative Agent, terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) by an aggregate minimum amount of $2,000,000 500,000 or any multiple of $100,000 in excess thereof; provided, however, that no such reduction or termination shall be permitted if after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (i) the then outstanding principal amount of the Revolving Loans and Swingline Loans plus the outstanding Letter of Credit Obligations would exceed the Aggregate Revolving Commitment then in effect or (ii) the aggregate amount of Letter of Credit Obligations would exceed the Letter of Credit Commitment then in effect; and, provided further, that once reduced in accordance with this Section 2.05, the Aggregate Revolving Commitment (including the Letter of Credit Commitment) may not be increased.

Reduction and Termination of Commitments. (a) The Borrower may, upon not less than three Business Days' prior notice to the Administrative Agent, terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) by an aggregate minimum amount of $2,000,000 500,000 or any multiple of $100,000 in excess thereof; provided, however, that no such reduction or termination shall be permitted if -------- ------- after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (i) the then outstanding principal amount of the Revolving Loans and Swingline Loans plus the outstanding Letter of Credit Obligations would exceed the Aggregate Revolving Commitment then in effect or (ii) the aggregate amount of Letter of Credit Obligations would exceed the Letter of Credit Commitment then in effect; and, provided -------- further, that once reduced in accordance with this Section 2.05, the Aggregate ------- ------------ Revolving Commitment (including the Letter of Credit Commitment) may not be increased.

Reduction and Termination of Commitments. (a) Each of the Revolving Commitments shall in any event automatically and permanently terminate in full on the Maturity Date. The Borrower may, upon not less than three (3) Business Days' ’ prior written notice to the Administrative Agent, permanently terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) ), without premium or penalty, by an a minimum aggregate minimum amount of $2,000,000 1,000,000 or any multiple of $100,000 500,000 in excess thereof; provided, however, that no such reduction or termination shall be permitted if if, immediately after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (i) the then outstanding principal amount of the Revolving Loans and Swingline Loans Loans, plus the then outstanding Letter of Credit Obligations would Obligations, will exceed the Aggregate Revolving Commitment then in effect effect, or (ii) the aggregate amount of then outstanding Letter of Credit Obligations would will exceed the Letter of Credit Commitment then in effect; and, provided provided, further, that once reduced in accordance with this Section 2.052.5, the Aggregate Revolving Commitment (including the Letter of Credit Commitment) may not be increased.

Reduction and Termination of Commitments. (aa)(i) Each of the Revolving Commitments shall in any event automatically and permanently terminate in full on the Revolving Commitment Termination Date. The Borrower may, upon not less than three five (5) Business Days' prior written notice to the Administrative Agent, permanently terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) ), without premium or penalty, by an a minimum aggregate minimum amount of $2,000,000 5,000,000 or any multiple of $100,000 1,000,000 in excess thereof; provided, however, that no such reduction or termination shall be permitted if if, immediately after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (iA) the then outstanding principal amount of the Revolving Loans and Swingline Loans plus Loans, PLUS the then outstanding Letter of Credit Obligations would Obligations, will exceed the Aggregate Revolving Commitment then in effect effect, or (iiB) the aggregate amount of then outstanding Letter of Credit Obligations would will exceed the Letter of Credit Commitment then in effect; and, provided provided, further, that once reduced in accordance with this Section 2.052.5, the Aggregate Revolving Commitment (including the Letter of Credit Commitment) may not be increased.

Reduction and Termination of Commitments. (aa)(i) Each of the Revolving Commitments shall in any event automatically and permanently terminate in full on the Revolving Commitment Termination Date. The Borrower may, upon not less than three (3) Business Days' prior written notice to the Administrative Agent, permanently terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) ), without premium or penalty, by an a minimum aggregate minimum amount of $2,000,000 1,000,000 or any multiple of $100,000 500,000 in excess thereof; providedPROVIDED, howeverHOWEVER, that no such reduction or termination shall be permitted if if, immediately after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (iA) the then outstanding principal amount of the Revolving Loans and Swingline Loans plus Loans, PLUS the then outstanding Letter of Credit Obligations would Obligations, will exceed the Aggregate Revolving Commitment then in effect effect, or (iiB) the aggregate amount of then outstanding Letter of Credit Obligations would will exceed the Letter of Credit Commitment then in effect; and, provided furtherPROVIDED, FURTHER, that once reduced in accordance with this Section 2.05SECTION 2.5, the Aggregate Revolving Commitment (including the Letter of Credit Commitment) may not be increased.

Reduction and Termination of Commitments. (a) Each of the Revolving Commitments shall in any event automatically and permanently terminate in full on the Maturity Date. The Borrower may, upon not less than three (3) Business Days' prior written notice to the Administrative Agent, permanently terminate the Aggregate Revolving Commitment (including the Letter of Credit Commitment) or permanently reduce the Aggregate Revolving Commitment (including the Letter of Credit Commitment) ), without premium or penalty, by an a minimum aggregate minimum amount of $2,000,000 1,000,000 or any multiple of $100,000 500,000 in excess thereof; provided, however, that no such reduction or termination shall be permitted if if, immediately after giving effect thereto and to any prepayment of the Revolving Loans and/or Swingline Loans made on the effective date thereof, (i) the then outstanding principal amount of the Revolving Loans and Swingline Loans plus Loans, PLUS the then outstanding Letter of Credit Obligations would Obligations, will exceed the Aggregate Revolving Commitment then in effect effect, or (ii) the aggregate amount of then outstanding Letter of Credit Obligations would will exceed the Letter of Credit Commitment then in effect; and, provided provided, further, that once reduced in accordance with this Section 2.052.5, the Aggregate Revolving Commitment (including the Letter of Credit Commitment) may not be increased.