Common use of Reductions Clause in Contracts

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during each Fiscal Year), upon not less than three (3) Business Days irrevocable written notice to the Administrative Agent to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic notice (confirmed in writing) of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, and shall permanently reduce the Total Revolving Credit Commitment. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during each Fiscal Year), upon not less than three (3) Business Days irrevocable written notice to the Administrative Agent to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic notice (confirmed in writing) of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, and shall permanently reduce the Total Revolving Credit Commitment. Any such reduction in the Total Revolving Credit Commitment shall be allocated ratably to the Extended Revolving Credit Commitments and the Non-Extended Revolving Credit Commitments unless (i) no Revolving Credit Loans or funded Participations are outstanding at the time thereof and (ii) if any Swing Line Obligations or Letter of Credit Obligations are outstanding, the conditions to extensions of credit set forth in Section 5.2 can be satisfied, in which case such reduction may be allocated ratably to the Revolving Credit Commitments under either the Extended Revolving Credit Facility or the Non-Extended Revolving Credit Facility, as selected by the Borrower, and, in such case, any unfunded Participations shall automatically be reallocated ratably among all Revolving Lenders based on their Revolving Percentages after giving effect to such reduction of the Revolving Credit Commitments. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower Borrowers shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three (3) Business Days irrevocable Days' written notice to the Administrative Agent Agent, effective upon receipt, to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCommitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrowernotice, facsimile notice, or telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 5,000,000 or such greater amount which is in an integral multiple of $1,000,000, or the entire remaining Total Revolving Credit Commitment, and shall permanently reduce the Total Revolving Credit Commitment. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding principal amount of Revolving Credit Obligations exceed Outstandings exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event No such reduction shall result in the Borrower be entitled to reduce payment of any Eurodollar Rate Loan other than on the Total Revolving Credit Commitment iflast day of the Interest Period of such Eurodollar Rate Loan unless such prepayment is accompanied by amounts due, as a result of and after giving effect to such reductionif any, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitmentunder Section 4.5.

Reductions. The Borrower shall, by irrevocable notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three (3) Business Days irrevocable Days' written notice to the Administrative Agent Agent, effective upon receipt, to permanently reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt Total Line of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCredit Commitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrowernotice, telefacsimile notice, or telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, or the entire remaining Total Revolving Credit Commitment or the Total Line of Credit Commitment, and shall permanently reduce the Total Revolving Credit Commitment or the Total Line of Credit Commitment. No such reduction shall be permitted that results in , as the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5case may be. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans and Competitive Bid Loans to the extent that the aggregate Outstanding principal amount of Revolving Credit Obligations exceed Outstandings plus Letter of Credit Outstandings plus outstanding Competitive Bid Loans exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce Each reduction of the Total Revolving Line of Credit Commitment if, as a result shall be accompanied by payment of and Line of Credit Loans to the extent that the principal amount of Line of Credit Outstandings exceeds the Total Line of Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the aggregate Outstanding Revolving Credit Obligations exceed amounts prepaid. If any such reduction shall result in the Total Revolving Credit Commitmentpayment of any Fixed Rate Loan other than on the last day of the Interest Period of such Fixed Rate Loan such prepayment shall be accompanied by amounts due, if any, under Section 4.2.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during each Fiscal Year), upon not less than three (3) Business Days irrevocable written notice to the Administrative Agent to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic notice (confirmed in writing) of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, and shall permanently reduce the Total Revolving Credit Commitment. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three (3) Business Days irrevocable Days’ written notice to the Administrative Agent Agent, effective upon receipt, to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCommitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrowernotice, telefacsimile notice, or telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 2,000,000 or such greater amount which is in an integral multiple of $1,000,000, or the entire remaining Total Revolving Credit Commitment, and shall permanently reduce the Total Revolving Credit Commitment. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans or Swing Line Loans to the extent that the aggregate Outstanding principal amount of Revolving Credit Obligations exceed Outstandings plus Letter of Credit Outstandings plus Swing Line Outstandings exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall prepaid provided that, after the Borrower be entitled to reduce foregoing payments, if Letter of Credit Outstandings then still exceed the Total Revolving Credit Commitment ifas reduced, the Borrower shall deposit cash with the Agent in an amount equal to the amount of any such excess Letter of Credit Outstandings, as a result collateral security for the repayment of and after giving effect to any future drawing or payments under such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit CommitmentLetters of Credit.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three (3) Business Days irrevocable Days' written notice to the Administrative Agent Agent, effective upon receipt, to permanently reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt Total Line of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCredit Commitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrowernotice, telefacsimile notice, or telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 5,000,000 or such greater amount which is in an integral multiple of $1,000,000, or the entire remaining Total Revolving Credit Commitment or Total Line of Credit Commitment, and shall permanently reduce the Total Revolving Credit Commitment or Total Line of Credit Commitment. No such reduction shall be permitted that results in , as the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5case may be. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding principal amount of Revolving Credit Obligations exceed Outstandings plus Letter of Credit Outstandings plus Swing Line Outstandings exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce Each reduction of the Total Revolving Line of Credit Commitment if, as a result shall be accompanied by payment of and Line of Credit Loans to the extent that the principal amount of Line of Credit Outstandings exceeds the Total Line of Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the aggregate Outstanding Revolving Credit Obligations exceed amounts prepaid. No such reduction shall result in the Total Revolving Credit Commitmentpayment of any Eurodollar Rate Loan other than on the last day of the Interest Period of such Eurodollar Rate Loan unless such prepayment is accompanied by amounts due, if any, under Section 5.5.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three ten (310) Business Days Days' prior irrevocable written notice to the Administrative Agent Agent, effective upon receipt, to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCommitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrowernotice, telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, or the entire remaining Total Revolving Credit Commitment, and shall permanently reduce the Total Revolving Credit CommitmentCommitment and the Revolving Credit Commitment of each Lender pro rata. No such reduction shall be permitted that results in the payment of any Eurodollar Rate Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.55.5 hereof. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans or Swing Line Loans to the extent that the aggregate Outstanding Revolving Credit Obligations exceed principal amount of the Outstandings exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest and fees on the amounts prepaid. In no event shall the Borrower be entitled to reduce A reduction of the Total Revolving Credit Commitment if, as to zero and payment of all Obligations hereunder (including the discharge of all obligations of the Issuing Bank and the Lenders with respect to the Letters of Credit and Participations) shall be deemed a result cancellation and termination of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitmentthis Agreement.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during each Fiscal Year), upon not less than three (3) Business Days irrevocable written notice to the Administrative Agent to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic notice (confirmed in writing) of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, and shall permanently reduce the Total Revolving Credit Commitment. No such reduction shall be permitted that results in the payment of any Eurodollar EurodollarTerm Benchmark Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower Facility Borrowers under the applicable Revolving Credit Facility shall, by notice from an Authorized Representativethe Chief Financial Officer of Consoltex Group, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three five (35) Business Days irrevocable days' written notice to the Administrative Relevant Agent from the Chief Financial Officer of Consoltex Group, to reduce the Total Commitment of the Canadian Revolving Credit Commitment Facility and the US Revolving Credit Facility, without premium penalty or penalty; provided that a notice of Commitment premium, and no such reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from Total Commitment of one Revolving Credit Facility shall be made without an equivalent reduction of the issuance Total Commitment of the other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedRevolving Credit Facility. The Administrative Relevant Agent shall give each Canadian Revolving Credit Facility Lender or US Revolving Credit Facility Lender, as the case may be, within one (1) Business Day of receipt of such notice from the Borrowernotice, telefacsimile notice, or telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of US $10,000,000 500,000 or such greater amount which is in an integral multiple of US $1,000,000100,000, or the entire remaining Total Commitment with respect to the Canadian Revolving Credit Facility and the US Revolving Credit Facility, and shall permanently reduce the applicable Total Revolving Credit Commitment. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Commitment with respect to the Canadian Revolving Credit Commitment Facility and the US Revolving Credit Facility shall be accompanied by payment prepayment of the Revolving Credit Loans under such Revolving Credit Facility to the extent that the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment that, after giving effect to such reduction, the amount of Outstandings under such Revolving Credit Facility plus Outstandings under the corresponding Letter of Credit Facility on the day of such reduction exceeds the Total Commitment with respect to such Revolving Credit Facility on such day, together with accrued and unpaid interest on the amounts so prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower Borrowers shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three (3) Business Days irrevocable Days' written notice to the Administrative Agent Lender, effective upon receipt, to reduce either the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities 364 Day Commitment, or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic notice (confirmed in writing) of such reductionboth. Each such reduction shall be in the aggregate amount of $10,000,000 500,000 or such greater amount which is in an integral multiple of $1,000,000100,000, or the entire remaining Revolving Credit Commitment or 364 Day Commitment, as the case may be, and shall permanently reduce the Total Revolving Credit Commitment or 364 Day Commitment. No such reduction shall be permitted that results in , as the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5case may be. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding principal amount of Revolving Credit Obligations exceed Outstandings plus Letter of Credit Outstandings exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event Each reduction of the 364 Day Commitment shall be accompanied by payment of 364 Day Loans to the Borrower be entitled to reduce extent that the Total Revolving Credit principal amount of Outstanding 364 Day Obligations exceeds the 364 Day Commitment if, as a result of and after giving effect to such reduction, together with accrued and unpaid interest on the aggregate Outstanding Revolving Credit Obligations exceed amount prepaid. No such reduction shall result in the Total Revolving Credit Commitmentpayment of any Eurodollar Rate Loan other than on the last day of the Interest Period of such Eurodollar Rate Loan unless such prepayment is accompanied by amounts due, if any, under SECTION 4.5."

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during each Fiscal Year), upon not less than three (3) Business Days irrevocable written notice to the Administrative Agent to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic notice (confirmed in writing) of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, and shall permanently reduce the Total Revolving Credit CommitmentCommitment of the Revolving Credit Lenders pro rata. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate principal amount of Outstanding Revolving Credit Obligations exceed exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during each Fiscal Year), upon not less than three (3) Business Days irrevocable written notice to the Administrative Agent to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic written notice (confirmed in writing) of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, and shall permanently reduce the Total Revolving Credit Commitment. No such reduction shall be permitted that results in the payment of any Eurodollar Term Benchmark Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three ten (310) Business Days Days' prior irrevocable written notice to the Administrative Agent Agent, effective upon receipt, to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCommitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrowernotice, telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, or the entire remaining Total Revolving Credit Commitment, and shall permanently reduce the Total Revolving Credit Commitment and the Revolving Credit Commitment of each Lender pro rata; provided that, if, after giving effect to any reduction of the Total Revolving Credit Commitment, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the Total Revolving Credit Commitment, such Sublimit shall be automatically reduced by the amount of such excess. No such reduction shall be permitted that results in the payment of any Eurodollar Rate Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.55.5 hereof. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans or Swing Line Loans to the extent that the aggregate Outstanding Revolving Credit Obligations exceed principal amount of the Outstandings exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest and fees on the amounts prepaid. In no event The amount of any such Total Revolving Credit Commitment reduction shall not be applied to the Borrower be entitled to reduce Swing Line Sublimit or the Letter of Credit Sublimit unless otherwise specified by the Borrower. A reduction of the Total Revolving Credit Commitment if, as to zero and payment of all Obligations hereunder (including the discharge of all obligations of the L/C Issuer and the Lenders with respect to the Letters of Credit and Lender Participations) shall be deemed a result cancellation and termination of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitmentthis Agreement.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during each Fiscal Year), upon not less than three (3) Business Days irrevocable written notice to the Administrative Agent to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCommitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrower, telephonic notice (confirmed in writing) of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, and shall permanently reduce the Total Revolving Credit CommitmentCommitment of the Lenders pro rata. No such reduction shall be permitted that results in the payment of any Eurodollar Loan other than on the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts due, if any, under Section 4.5. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate principal amount of Outstanding Revolving Credit Obligations exceed exceeds the Total Revolving Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event shall the Borrower be entitled to reduce the Total Revolving Credit Commitment if, as a result of and after giving effect to such reduction, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitment.

Reductions. The Borrower shall, by notice from an Authorized Representative, have the right from time to time (but not more frequently than twice during once each Fiscal Year)calendar month, upon not less than three five (35) Business Days irrevocable Days' written notice to the Administrative Agent Agent, effective upon receipt, to reduce the Total Revolving Credit Commitment without premium or penalty; provided that a notice of Commitment reduction may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or any other event, in which case such notice of Commitment reduction may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfiedCommitment. The Administrative Agent shall give each Revolving Credit Lender, within one (1) Business Day of receipt of such notice from the Borrowernotice, telefacsimile notice, or telephonic notice (confirmed in writing) ), of such reduction. Each such reduction shall be in the aggregate amount of $10,000,000 5,000,000 or such greater amount which is in an integral multiple of $1,000,0001,000,000 or the entire remaining Total Revolving Credit Commitment, and shall permanently reduce the Total Revolving Credit Commitment. No ; provided, however, that reductions may be in such reduction lesser amounts as shall be permitted that results in required under the payment of any Eurodollar Loan other than on Indenture dated December 17, 1996 between the last day of the Interest Period of such Loan unless such prepayment is accompanied by amounts dueBorrower and Norwest Bank Minnesota, if any, under Section 4.5National Association. Each reduction of the Total Revolving Credit Commitment shall be accompanied by payment of the Revolving Credit Loans to the extent that the aggregate Outstanding principal amount of Revolving Credit Obligations exceed Outstandings plus Letter of Credit Outstandings plus Swing Line Outstandings exceeds the lesser of the Total Revolving Credit Commitment or the Borrowing Base after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid. In no event No such reduction shall result in the Borrower be entitled to reduce payment of any Eurodollar Rate Loan other than on the Total Revolving Credit Commitment iflast day of the Interest Period of such Eurodollar Rate Loan unless such prepayment is accompanied by amounts due, as a result of and after giving effect to such reductionif any, the aggregate Outstanding Revolving Credit Obligations exceed the Total Revolving Credit Commitmentunder SECTION 5.4.