Common use of Reduction of the Commitments Clause in Contracts

Reduction of the Commitments. (a) The Borrower may, upon at least three (3) Business Days' notice to the Administrative Agent (which shall promptly distribute copies thereof to the Lenders), terminate in whole or reduce ratably in part the unused portions of the Commitments; provided that any such partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof.

Reduction of the Commitments. (a) The Borrower mayshall have the right, upon at least three (3) Business Days' notice to the Administrative Agent (which shall promptly distribute copies thereof Agent, to the Lenders), terminate in whole or reduce ratably in part the unused portions of the Commitments; provided respective Commitments of the Banks, PROVIDED that any such each partial reduction shall be in the aggregate amount of $10,000,000 1,000,000 or an integral multiple thereafter of $1,000,000 in excess thereof500,000.

Reduction of the Commitments. (a) The Borrower mayBorrowers shall have the right, upon at least three (3) Business Days' written notice to the Administrative Agent (which shall promptly distribute copies thereof Agent, to the Lenders), terminate in whole or reduce ratably in part the unused portions of the Commitments; Commitments of the Lenders (being the amount by which such Commitments exceed the aggregate outstanding principal amount of all Advances), provided that any such each partial reduction shall be in the aggregate amount of $10,000,000 Cdn.$10,000,000 or an integral any whole multiple of $1,000,000 Cdn.$1,000,000 in excess thereof.

Reduction of the Commitments. (a) The Borrower mayshall have the right, upon at least three (3) five Business Days' notice to the Administrative Agent (which shall promptly distribute copies thereof Agent, to the Lenders), terminate in whole or reduce ratably in part the unused portions of the Commitments; provided respective Commitments of the Banks, PROVIDED that any such each partial reduction shall be in the aggregate amount of $10,000,000 3,000,000 or an integral multiple of $1,000,000 in excess thereof.

Reduction of the Commitments. (a) The Borrower mayshall have the right, upon at least three (3) Business Days' notice to the Administrative Agent (which shall promptly distribute copies thereof Agent, to the Lenders), terminate in whole or reduce ratably in part the unused portions of the Commitmentsrespective Commitments of the Lenders; provided that any such the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount that is less than the aggregate principal amount then outstanding hereunder; and provided, further, that each partial reduction shall be in the an aggregate amount of equal to $10,000,000 or 5,000,000 and an integral multiple of $1,000,000 in excess thereof.

Reduction of the Commitments. (a) The Borrower mayshall have the right, upon at least three (3) Business Days' notice to the Administrative Agent (which shall promptly distribute copies thereof Agent, irrevocably to the Lenders), terminate in whole or reduce ratably in part the unused portions respective Commitments of the CommitmentsLenders; provided that any such the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount that is less than the aggregate principal amount of the A Advances and the B Advances then outstanding; and provided further, that each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof.

Reduction of the Commitments. (a) The Borrower mayshall have the right, upon at least three (3) Business Days' notice to the Administrative Agent (which shall promptly distribute copies thereof to the Lenders), terminate in whole or reduce ratably in part the unused portions of the CommitmentsAggregate Maximum Commitment; provided PROVIDED, that any such each partial reduction in the Aggregate Maximum Commitment shall be in the aggregate amount of $10,000,000 1,000,000 or an integral multiple of $1,000,000 in excess thereof. Any such reduction or termination shall be irrevocable by the Borrower.

Reduction of the Commitments. (a) The Borrower mayshall have the right, upon at least three (3) Business Days' written notice to the Administrative Agent (which shall promptly distribute copies thereof Agent, to the Lenders), terminate in whole or reduce ratably in part the unused portions of the Commitments; Commitments of the Lenders (being the amount by which such Commitments exceed the aggregate outstanding principal amount of all Advances), provided that any such each partial reduction shall be in the aggregate amount of $10,000,000 Cdn.$10,000,000 or an integral any whole multiple of $1,000,000 Cdn.$1,000,000 in excess thereof.

Reduction of the Commitments. (a) The Borrower may, upon at least three (3) five Business Days' notice to the Administrative Agent (which shall promptly distribute copies thereof to the Lenders)Agent, terminate in whole or reduce ratably in part the unused portions Commitments of the Commitmentsrespective Lenders; provided that that, (i) any such partial reduction shall be in the an aggregate amount of $10,000,000 25,000,000 or an integral multiple of $1,000,000 5,000,000 in excess thereof, and (ii) in no event shall the Commitments be reduced to an amount less than the Aggregate Outstanding Amount.