Common use of Reduction or Cancellation of Commitments Clause in Contracts

Reduction or Cancellation of Commitments. Upon five (5) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Commitment by the amount of Five Million Dollars ($5,000,000) or integral multiples in excess thereof, or cancel the Total Commitment in its entirety; provided, however, that:

Appears in 3 contracts

Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

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Reduction or Cancellation of Commitments. Upon five Borrower may, upon ---------------------------------------- three (53) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Commitment by the amount of Five Million five million Dollars ($5,000,000) or an integral multiples multiple of one million Dollars ($1,000,000) in excess thereof, thereof or cancel the Total Commitment in its entirety; provided, however, that:: -------- --------

Appears in 2 contracts

Samples: Credit Agreement (Acuson Corp), Credit Agreement (Acuson Corp)

Reduction or Cancellation of Commitments. Upon five Borrower may, upon three (53) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Commitment by the amount of Five Million Dollars ($5,000,000) or an integral multiples multiple of Five Hundred Thousand Dollars ($500,000) in excess thereof, thereof or cancel the Total Commitment in its entirety; provided, however, that:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Lam Research Corp)

Reduction or Cancellation of Commitments. Upon five three (53) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Commitment by the amount of Five Million Dollars ($5,000,000) or an integral multiples multiple of One Million Dollars ($1,000,000) in excess thereof, thereof or cancel the Total Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Credit Agreement (Flextronics International LTD)

Reduction or Cancellation of Commitments. Upon five four (54) Business Days prior written notice to Agent, Borrower Borrowers may permanently reduce the Total Facility A Commitment and/or the Total Facility B Commitment by the Dollar Equivalent amount of Five Million Dollars ($5,000,000) or integral multiples in excess thereof, thereof or cancel the Total Facility A Commitment and/or the Total Facility B Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Assignment Agreement (Flextronics International LTD)

Reduction or Cancellation of Commitments. Upon Borrower may, upon five (5) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Commitment by the amount of Five Million Dollars ($5,000,000) or an integral multiples in excess thereof, multiple thereof or cancel the Total Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Credit Agreement (Novellus Systems Inc)

Reduction or Cancellation of Commitments. Upon five (5) Business Days prior written notice to Agent, Borrower Borrowers may permanently reduce the Total Facility A Commitment and/or the Total Facility B Commitment by the Dollar Equivalent amount of Five Million Dollars ($5,000,000) or integral multiples in excess thereof, or cancel the Total Facility A Commitment and/or the Total Facility B Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Credit Agreement (Flextronics International LTD)

Reduction or Cancellation of Commitments. Upon five (5) Business Days prior written notice to Agent, Borrower Borrowers may permanently reduce the Total Commitment by the Dollar amount or Dollar Equivalent (as applicable) amount of Five Million Dollars ($5,000,000) or integral multiples in excess thereof, or cancel the Total Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Credit Agreement (Flextronics International LTD)

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Reduction or Cancellation of Commitments. Upon Borrower may, upon five (5) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Commitment by the amount of Ten Million Dollars ($10,000,000) or an integral multiple of Five Million Dollars ($5,000,000) or integral multiples in excess thereof, thereof or cancel the Total Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Credit Agreement (Silicon Valley Group Inc)

Reduction or Cancellation of Commitments. Upon five (5) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Facility A Commitment and/or the Total Facility B Commitment by the amount of Five Million Dollars ($5,000,000) or integral multiples in excess thereof, or cancel the Total Facility A Commitment and/or the Total Facility B Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Credit Agreement (Flextronics International LTD)

Reduction or Cancellation of Commitments. Upon five Borrower may, upon three (53) Business Days prior written notice to Agent, Borrower may permanently reduce the Total Commitment by the amount of Five Million Dollars ($5,000,000) or an integral multiples multiple of Five Hundred Thousand Dollars ($500,000) in excess thereof, thereof or cancel the Total Commitment in its entirety; providedPROVIDED, howeverHOWEVER, that:

Appears in 1 contract

Samples: Credit Agreement (Lam Research Corp)

Reduction or Cancellation of Commitments. Upon five four (54) Business Days prior written notice to Agent, Borrower Borrowers may permanently reduce the Total Facility A Commitment and/or the Total Facility B Commitment by the amount of Five Million Dollars ($5,000,000) or integral multiples in excess thereof, thereof or cancel the Total Facility A Commitment and/or the Total Facility B Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Assignment Agreement (Flextronics International LTD)

Reduction or Cancellation of Commitments. Upon five four (54) Business Days prior written notice to Agent, Borrower Borrowers may permanently reduce the Total Commitment by the Dollar Equivalent amount of Five Million Dollars ($5,000,000) or an integral multiples in excess thereof, multiple of One Million Dollars ($1,000,000) or cancel the Total Commitment in its entirety; provided, however, that:

Appears in 1 contract

Samples: Credit Agreement (Flextronics International LTD)

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