Reductions of Commitment. The Total Commitment with respect to the Revolving Credit may be voluntarily reduced, at the Borrowers' option, in minimum increments of $1,000,000.00, with any payment of interest, subject to the payment of the Line (Unused) Fee described below.
Reductions of Commitment. 2 2.01 Mandatory Reduction of Commitments............................2
Reductions of Commitment. 9 1.8 INTEREST..................................................... 9 1.9 FEES......................................................... 10 1.10
Reductions of Commitment. Each reduction of the Commitments under Section 2.9. shall be in an aggregate minimum amount of $100,000 and integral multiples of $50,000 in excess thereof.
Reductions of Commitment. (a) [Reserved].
Reductions of Commitment. 6 1.7 INTEREST................................................. 6 1.8 FEES..................................................... 7 1.9 COMPUTATION OF INTEREST AND FEES......................... 7 1.10 PROMISSORY NOTES; RECORDS OF ACCOUNT...................... 7 1.11
Reductions of Commitment. If any reduction in the Commitment occurs between the date of this Assignment Agreement and the Effective Date, the percentage interest specified in Item 3 of Schedule 1 shall remain the same, but the dollar amount purchased shall be recalculated based on the reduced Commitment of the Assignor.
Reductions of Commitment. If any reduction in the Aggregate Revolving Credit Commitment occurs between the date of this Assignment Agreement and the Effective Date, the percentage interest specified in Item 3 of Schedule 1 shall remain the same, but the dollar amount purchased shall be recalculated based on the reduced Aggregate Revolving Credit Commitment.
Reductions of Commitment. Notwithstanding any provision to the contrary contained herein or in any other Loan Document, the Commitment shall automatically reduce, without further written agreement or authorization by Borrower, as follows: (a) effective as of the Guaranty/Pledged Liquidity Account Reduction Event, the Commitment shall automatically reduce by an amount equal to the aggregate amount of all unfunded “contingency”, Hard Costs and other line items set forth in the Project Budget, except for any unfunded Interest Reserve Amount or other “operating deficit” Soft Costs, and no further advances of Loan proceeds shall thereafter be available to Borrower, other than for payment of accrued interest under the Loan in accordance with the terms of Section 6.5 or payment of other “operating deficit” Soft Costs as and when occurred in accordance with the terms of this Agreement; and (b) effective as of the commencement of the Extension Period, the unfunded portion of the Commitment shall automatically terminate and no further advances of Loan proceeds shall be available to Borrower during the Extension Period.
Reductions of Commitment. If any reduction in the [Facility A Commitments] [Facility B Commitments] occurs between the date of this Assignment Agreement and the Effective Date, the percentage of the [Facility A Commitments] [Facility B Commitments] assigned to the Assignee shall remain the percentage specified in Section 1 hereof and the dollar amount of the [Facility A Commitment] [Facility B Commitment] of the Assignee shall be recalculated based on the reduced [Facility A Commitments] [Facility B Commitments]. 9.
