Common use of Reduction of Revolving Credit Commitment Clause in Contracts

Reduction of Revolving Credit Commitment. The Borrower shall have the right, upon at least ten (10) Business Days’ notice to the Lender, to terminate in whole or reduce in part the unused portion of the Revolving Credit Commitment on the following terms and conditions:

Appears in 4 contracts

Samples: Credit Facility Agreement (Transcat Inc), Credit Facility Agreement (Transcat Inc), Credit Facility Agreement (Transcat Inc)

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Reduction of Revolving Credit Commitment. The Borrower shall have the right, upon at least ten three (103) Business Days' notice to the LenderAgent, to terminate in whole or reduce in part the unused portion of the Revolving Credit Commitment on the following terms and conditions:;

Appears in 1 contract

Samples: Credit Facility Agreement (Phoenix Footwear Group Inc)

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Reduction of Revolving Credit Commitment. The Borrower shall have the right, upon at least ten three (103) Business Days’ notice to the LenderAdministrative Agent, to terminate in whole or reduce in part the unused portion of the Revolving Credit Commitment on the following terms and conditions:;

Appears in 1 contract

Samples: Credit Facility Agreement (Phoenix Footwear Group Inc)

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