Termination and Reductions of Commitments. Any termination or reduction of the Commitments shall be permanent and may not be reinstated. Each reduction of the Commitments shall be made ratably among the Lenders in accordance with each Lender’s Applicable Percentage.
Termination and Reductions of Commitments. (a) (i) The aggregate amount of the Revolving Credit Commitments shall be automatically and permanently reduced to zero on the Revolving Credit Commitment Termination Date. The aggregate amount of Revolving Credit Commitments shall be permanently reduced on the date any required prepayments described in Section 2.10(a) are required to be made in the amount specified in Section 2.10(b)(ii).
Termination and Reductions of Commitments. (a) Upon at least five (5) Business Days' prior irrevocable written notice to the Lender, the Borrower may at any time in whole permanently terminate, or from time to time in part permanently reduce, the Commitment; provided, however, that the Commitment shall not be reduced at any time to an amount not less than the Current Sum outstanding at such time. Each partial reduction of the Commitment shall be in a minimum of $500,000, or an integral multiple of $100,000 in excess thereof.
Termination and Reductions of Commitments. (a) (i) The ----------------------------------------- aggregate amount of the Revolving Credit Commitments shall be automatically and permanently reduced to zero on the Revolving Credit Commitment Termination Date. The aggregate amount of Revolving Credit Commitments shall be permanently reduced on the date any required prepayments described in Section 2.10(a) are required to be made in the amount specified in Section 2.10(b)(ii).
Termination and Reductions of Commitments. (a)(i) The Commitments shall be automatically and permanently terminated on September 30, 1999 if the Closing Date does not occur on or prior to such date.
Termination and Reductions of Commitments. (a) Upon at least five (5) Business Days’ prior irrevocable written notice to the Administrative Agent, the US Borrower may at any time in whole permanently terminate, or from time to time in part permanently reduce (except as noted below), the US Total Revolving Credit Commitment ratably among the US Lenders in accordance with the amounts of their US Revolving Credit Commitments; provided, however, that (i) the US Total Revolving Credit Commitment shall not be reduced at any time to an amount less than the aggregate of each US Lender’s US Revolving Credit Exposure outstanding at such time or the aggregate of each Canadian Lender’s Canadian Revolving Credit Exposure outstanding at such time, and (ii) US Total Revolving Credit Commitment may only be terminated by the US Borrower if the Canadian Borrower simultaneously terminates the Canadian Total Revolving Credit Commitment. Upon at least five (5) Business Days’ prior irrevocable written notice to the Administrative Agent, the Canadian Borrower may at any time in whole permanently terminate, or from time to time in part permanently reduce (except as noted below), the Canadian Total Revolving Credit Commitment ratably among the Canadian Lenders in accordance with the amounts of their Canadian Revolving Credit Commitments; provided, however, that the Canadian Total Revolving Credit Commitment shall not be reduced at any time to an amount less than the aggregate of each Canadian Lender’s Canadian Revolving Credit Exposure outstanding at such time. Each partial reduction of any of the Commitments shall be in a minimum of $1,000,000, or an integral multiple of $100,000 in excess thereof.
Termination and Reductions of Commitments. (a) Upon at least five (5) Business Days’ prior irrevocable written notice to the Agent, the Borrower may at any time in whole permanently terminate, or from time to time in part permanently reduce (except as noted below), the Total Revolving Credit Commitment ratably among the Lenders in accordance with the amounts of their Revolving Credit Commitments; provided, however, that the Total Revolving Credit Commitment shall not be reduced at any time to an amount less than the aggregate of each Lender’s Revolving Credit Exposure outstanding at such time. Each partial reduction of the Total Revolving Credit Commitment shall be in a minimum of $1,000,000, or an integral multiple of $100,000 in excess thereof.
Termination and Reductions of Commitments. (a) (i) The Commitments shall be automatically and permanently terminated on January 31, 1999 (which shall be extended to April 30, 1999 if the sole reason for failure of the Closing Date to occur thereby is due to the failure to obtain all necessary FCC and state approvals to the transfer of the FCC and state licenses in connection with the Recapitalization) if the Closing Date does not occur by such date. The aggregate amount of the Revolving Credit Commitments shall be automatically and permanently reduced to zero on the Revolving Credit Commitment Termination Date. The aggregate amount of Revolving Credit Commitments shall be permanently reduced on the date any required prepayments described in Section 2.10(a) are required to be made in the amount specified in Section 2.10(b)(ii).
Termination and Reductions of Commitments. (i) The Total Commitments (and the Commitment of each Lender) shall terminate on July 15, 2005, unless the Initial Borrowing Date shall have occurred on or before such date.
Termination and Reductions of Commitments. (a) The Bridge Commitments shall terminate on the earlier of (i) the Funding Date and (ii) if the Closing Date has not yet occurred, July 30, 2016.
