Common use of Termination or Reduction of the Commitment Clause in Contracts

Termination or Reduction of the Commitment. The Borrower shall have the right, upon at least one Business Day’s notice to the Agent, to terminate in whole or permanently reduce ratably in part the unused portions of the Commitment of the Lenders, provided that each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $500,000 in excess thereof.

Termination or Reduction of the Commitment. The Borrower shall have the right, may at any time and from time to time upon at least one three Business Day’s Days' prior notice to the Agent, to Bank permanently terminate the Commitment in whole or permanently reduce ratably the Commitment Amount in part part, provided that (i) the unused portions Commitment may not be terminated while any Advances and Letters of Credit remain outstanding, (ii) each partial reduction of the Commitment of the Lenders, provided that each partial reduction Amount shall be in the aggregate amount of $5,000,000 1,000,000 or a multiple thereof, and (iii) no reduction shall reduce the Commitment Amount to an integral multiple of $500,000 in excess thereofamount less than the Outstandings.

Termination or Reduction of the Commitment. The Borrower shall have the right, upon at least one no less than three Business Day’s Days' prior written notice to the AgentBank, to terminate in whole or permanently reduce ratably in part the unused portions portion of the Commitment of the LendersCommitment, provided that each partial reduction shall be in the aggregate amount of $5,000,000 50,000 or an integral multiple thereof. Simultaneously with any termination or partial reduction of $500,000 in excess the Commitment, the Borrower shall pay the aforesaid commitment fee as accrued and unpaid to the date thereof.

Termination or Reduction of the Commitment. The Borrower shall have the right, upon at least one three Business Day’s Days’ notice to the AgentLender, to terminate in whole or permanently reduce ratably in part part, the unused portions of the Commitment of the LendersLender, provided that each partial reduction shall be in the aggregate amount of $5,000,000 10,000,000 or an integral multiple of $500,000 1,000,000 in excess thereof. Once terminated or reduced, the Commitment may not be reinstated.