Common use of Termination or Reduction of Commitment Clause in Contracts

Termination or Reduction of Commitment. The Borrower may, upon notice to the Lender, terminate the Commitment or from time to time permanently reduce the Commitment; provided that (i) any such notice shall be received by the Lender not later than 11:00 a.m. three Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) the Borrower shall not terminate or reduce the Commitment if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Outstandings would exceed the Commitment. All fees accrued until the effective date of any termination of the Commitment shall be paid on the effective date of such termination.

Termination or Reduction of Commitment. The Borrower Borrowers may, upon notice to the Lender, terminate the Commitment Commitment, or from time to time permanently reduce the Commitment; provided that (i) any such notice shall be received by the Lender not later than 11:00 a.m. three 1:00 p.m., five Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 200,000 or any whole multiple of $1,000,000 50,000 in excess thereof thereof, and (iii) the Borrower Borrowers shall not terminate or reduce the Commitment if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Outstandings would exceed the Commitment. All fees accrued until the effective date of any termination of the Commitment shall be paid on the effective date of such termination.

Termination or Reduction of Commitment. The Borrower may, upon notice to the Lender, terminate the Commitment Commitment, or from time to time permanently reduce the Commitment; provided that (i) any such notice shall be received by the Lender not later than 11:00 a.m. three 10:00 a.m., five Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 250,000 or any whole multiple of $1,000,000 50,000 in excess thereof thereof, and (iii) the Borrower shall not terminate or reduce the Commitment if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Outstandings would exceed the Commitment. All non-use fees accrued until the effective date of any termination of the Commitment shall be paid on the effective date of such termination.

Termination or Reduction of Commitment. The Borrower may, upon notice to the Lender, terminate the Commitment Commitment, or from time to time permanently reduce the Commitment; provided that (i) any such notice shall be received by the Lender not later than 11:00 a.m. three a.m., five Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 1,000,000 or any whole multiple of $1,000,000 in excess thereof thereof, and (iii) the Borrower shall not terminate or reduce the Commitment if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Outstandings Outstanding Amount of all Loans would exceed the Commitment. All fees Commitment Fees accrued until the effective date of any termination of the Commitment shall be paid on the effective date of such termination.

Termination or Reduction of Commitment. The Borrower may, upon notice to the Lender, terminate the Commitment Commitment, or from time to time permanently reduce the Commitment; provided that (i) any such notice shall be received by the Lender not later than 11:00 a.m. three 1:00 p.m., five Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 250,000 or any whole multiple of $1,000,000 50,000 in excess thereof and thereof, (iii) the Borrower shall not terminate or reduce the Commitment if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Outstandings would exceed the Commitment. All fees accrued until the effective date of , and (iv) if, after giving effect to any termination reduction of the Commitment Commitment, the Letter of Credit Sublimit exceeds the amount of the Commitment, such Sublimit shall be paid on automatically reduced by the effective date amount of such terminationexcess.