Common use of Reduction of the Commitments Clause in Contracts

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' irrevocable notice to the Bank, to terminate in whole or reduce ratably in part the unused portions of the Commitment, provided that each partial reduction shall be in the aggregate amount of $1,000,000 or an integral multiple thereof. Any such reduction or termination of the Commitment shall be permanent, with no obligation of the Bank to reinstate such Commitment and the commitment fees provided for in Section 2.03(a) shall thereafter be computed on the basis of the Commitment as so reduced.

Reduction of the Commitments. The Borrower (a) Subject to Section 2.18(c), the Borrowers shall have the right, upon at least three (3) Business Days' irrevocable ’ notice to the BankAgent, to terminate in whole or reduce ratably in part the unused portions of the Commitmentrespective Commitments; provided, provided that each partial reduction shall be in the aggregate amount of $1,000,000 5,000,000 or an integral multiple thereof. Any such reduction or termination of the each Bank’s Commitment shall will be permanent, with no obligation an automatic reduction of the Bank to reinstate such Bank’s Revolving Credit Commitment and the commitment fees provided for in Section 2.03(a) shall thereafter be computed on the basis of the Commitment as so reducedan identical amount.

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' irrevocable ’ notice to the Bank, Funds Administrator to terminate in whole or reduce ratably in part the unused portions of the Commitmentrespective Commitments of the Banks, provided provided, that each partial reduction shall be in the aggregate amount of $1,000,000 or an integral multiple of $1,000,000 in excess thereof. Any such reduction or termination of the Commitment shall be permanent, with no obligation of the Bank to reinstate such Commitment and the commitment fees provided for in Section 2.03(a) shall thereafter be computed on the basis of the Commitment as so reduced.

Reduction of the Commitments. (a) The Borrower shall have the right, upon at least three Business Days' irrevocable notice to the BankAgent, to terminate in whole or reduce ratably in part the unused portions portion of the Commitment, Commitments; provided that each partial reduction shall be in the aggregate amount of $1,000,000 5,000,000 or an integral a greater multiple thereofof $1,000,000. Any such reduction or termination of the Commitment Commitments pursuant to this Section 2.04 shall be permanent, with no obligation of the Bank Banks to reinstate such Commitment Commitments and the commitment fees provided for in Section 2.03(a) shall thereafter be computed on the basis of the Commitment Commitments, as so reduced.

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' Days irrevocable notice to the BankAgent, to terminate in whole or reduce ratably in part the unused portions of the CommitmentCommitments, provided that each partial reduction shall be in the aggregate amount of $1,000,000 or an integral multiple thereof. Any such reduction or termination of the Commitment Commitments shall be permanent, with no obligation on the part of the Bank Banks to reinstate such Commitment Commitments and the commitment fees provided for in Section 2.03(a) shall thereafter be computed on the basis of the Commitment Commitments as so reduced.

Reduction of the Commitments. The Borrower shall have the rightmay, upon at least three Business Days' irrevocable ’ prior notice to the BankAdministrative Agent, to permanently terminate in whole or permanently reduce ratably in part the unused portions Commitments of the CommitmentBanks; provided, provided however, that (i) each partial reduction shall be in the aggregate amount of not less than $1,000,000 5,000,000 or an integral multiple of $1,000,000 in excess thereof. Any , and (ii) no such reduction or termination shall result in the Total Commitments of the Commitment shall be permanent, with no obligation of Banks being less than $100,000,000 unless the Bank to reinstate such Commitment and the commitment fees provided for in Section 2.03(a) shall thereafter be computed on the basis of the Commitment as so reducedCommitments have been permanently terminated.

Reduction of the Commitments. The Borrower shall have the ------------------------------ right, upon at least three (3) Business Days' irrevocable notice to the BankAgent, to terminate in whole or reduce ratably in part the unused portions of the CommitmentCommitments of the Banks, provided that each partial reduction shall be in the aggregate amount of $1,000,000 5,000,000 or an integral multiple thereofthereafter of $1,000,000. Any such termination or reduction pursuant to this Section 2.05 shall be a permanent termination or termination reduction of the Commitment shall be permanent, with no obligation of the Bank to reinstate such Commitment and the commitment fees provided for in Section 2.03(a) shall thereafter be computed on the basis of the Commitment as so reducedCommitments.