Common use of Reductions in Aggregate Commitment Clause in Contracts

Reductions in Aggregate Commitment. Borrower may permanently reduce the Aggregate Commitment in whole, or ratably among the Groups in part, in a minimum amount of $5,000,000 per Group (or a larger integral multiple of $1,000,000 per Group), upon at least fifteen (15) Business Days’ written notice to the Co-Agents (each, a “Commitment Reduction Notice”), which notice shall specify the aggregate amount of any such reduction and each Group’s respective Percentage thereof, provided, however, that (a) the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances, and (b) the amount of the Aggregate Commitment may not be reduced below $250,000,000 unless the Aggregate Commitment is terminated in full. All accrued and unpaid fees, including Broken Funding Costs, if any, shall be payable on the effective date of any termination of the Aggregate Commitment. Each Commitment Reduction Notice shall be irrevocable once delivered to the Co-Agents.

Reductions in Aggregate Commitment. The Borrower may permanently reduce the Aggregate Commitment in whole, or ratably among between the Groups in part, in a minimum amount of $5,000,000 per Group 10,000,000 (or a larger integral multiple of $1,000,000 per Group1,000,000), upon at least fifteen (15) Business Days’ written notice to the Co-Agents (each, a “Commitment Reduction Notice”), which notice shall specify the aggregate amount of any such reduction and each Group’s the VFCC Liquidity Banks’ and the Gotham Liquidity Banks’ respective Percentage Commitment Percentages thereof, provided, however, that (a) the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances, and (b) the amount of the Aggregate Commitment may not be reduced below $250,000,000 100,000,000 unless the Aggregate Commitment is terminated in full. All accrued and unpaid fees, including Broken Funding Costs, if any, fees shall be payable on the effective date of any termination of the Aggregate Commitment. Each Commitment Reduction Notice shall be irrevocable once delivered to the Co-Agents.

Reductions in Aggregate Commitment. The Borrower may permanently reduce the Aggregate Commitment in whole, or ratably among between the Groups in part, in a minimum amount of $5,000,000 per Group 10,000,000 (or a larger integral multiple of $1,000,000 per Group1,000,000), upon at least fifteen (15) Business Days’ ' written notice to the Co-Agents (each, a “Commitment Reduction Notice”"COMMITMENT REDUCTION NOTICE"), which notice shall specify the aggregate amount of any such reduction and each Group’s the Blue Ridge Liquidity Banks' and Atlantic Liquidity Banks' respective Percentage Percentages thereof, providedPROVIDED, howeverHOWEVER, that (a) the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances, and (b) the amount of the Aggregate Commitment may not be reduced below $250,000,000 100,000,000 unless the Aggregate Commitment is terminated in full. All accrued and unpaid fees, including Broken Funding Costs, if any, fees shall be payable on the effective date of any termination of the Aggregate Commitment. Each Commitment Reduction Notice shall be irrevocable once delivered to the Co-Agents.

Reductions in Aggregate Commitment. The Borrower may permanently reduce the Aggregate Commitment in whole, or ratably among the Groups in part, in a minimum amount of $5,000,000 per Group 10,000,000 (or a larger integral multiple of $1,000,000 per Group1,000,000), upon at least fifteen (15) Business Days’ written notice to the Co-Agents (each, a “Commitment Reduction Notice”), which notice shall specify the aggregate amount of any such reduction and each Group’s PNC’s, the Atlantic Liquidity Banks’ and the Gotham Liquidity Banks’ respective Percentage Commitment Percentages thereof, provided, however, that (a) the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances, and (b) the amount of the Aggregate Commitment may not be reduced below $250,000,000 100,000,000 unless the Aggregate Commitment is terminated in full. All accrued and unpaid fees, including Broken Funding Costs, if any, fees shall be payable on the effective date of any termination of the Aggregate Commitment. Each Commitment Reduction Notice shall be irrevocable once delivered to the Co-Agents.

Reductions in Aggregate Commitment. Borrower may permanently reduce the Aggregate Commitment in whole, or ratably among the Groups in part, in a minimum amount of $5,000,000 per Group (or a larger integral multiple of $1,000,000 per Group), upon at least fifteen (15) Business Days’ ' written notice to the Co-Agents (each, a “"Commitment Reduction Notice”"), which notice shall specify the aggregate amount of any such reduction and each Group’s 's respective Percentage thereof, provided, however, that (a) the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances, and (b) the amount of the Aggregate Commitment may not be reduced below $250,000,000 unless the Aggregate Commitment is terminated in full. All accrued and unpaid fees, including Broken Funding Costs, if any, shall be payable on the effective date of any termination of the Aggregate Commitment. Each Commitment Reduction Notice shall be irrevocable once delivered to the Co-Agents.

Reductions in Aggregate Commitment. The Borrower may permanently reduce the Aggregate Commitment in whole, or ratably among between the Groups in part, in a minimum amount of $5,000,000 per Group 10,000,000 (or a larger integral multiple of $1,000,000 per Group1,000,000), upon at least fifteen (15) Business Days’ ' written notice to the Co-Agents (each, a “"Commitment Reduction Notice”"), which notice shall specify the aggregate amount of any such reduction and each Group’s the Blue Ridge Liquidity Banks' and the Atlantic Liquidity Banks' respective Percentage Commitment Percentages thereof, provided, however, that (a) the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances, and (b) the amount of the Aggregate Commitment may not be reduced below $250,000,000 100,000,000 unless the Aggregate Commitment is terminated in full. All accrued and unpaid fees, including Broken Funding Costs, if any, fees shall be payable on the effective date of any termination of the Aggregate Commitment. Each Commitment Reduction Notice shall be irrevocable once delivered to the Co-Agents.