{"component": "clause", "props": {"groups": [{"snippet": "(i) Borrower may, upon not less than three Business Days\u2019 prior written or telephonic notice promptly confirmed by delivery of written notice thereof to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Commitments in an amount up to the amount by which the Revolving Commitments exceed the Total Utilization of Revolving Commitments at the time of such proposed termination or reduction; provided that any such partial reduction of the Revolving Commitments shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount.\n(ii) Borrower\u2019s notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Commitments shall be effective on the date specified in Borrower\u2019s notice and shall reduce the Revolving Commitment of each Lender proportionately to its Pro Rata Share thereof; provided that a notice of termination or partial reduction may state that such notice is conditional upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or upon the closing of an acquisition transaction, in which case such notice of termination or partial reduction may be revoked by Borrower (by notice to the Administrative Agent on or prior to the specified date) if such condition is not satisfied.", "size": 193, "snippet_links": [{"key": "business-days", "type": "definition", "offset": [43, 56]}, {"key": "telephonic-notice", "type": "clause", "offset": [75, 92]}, {"key": "delivery-of", "type": "clause", "offset": [115, 126]}, {"key": "notice-thereof", "type": "clause", "offset": [135, 149]}, {"key": "transmit-by", "type": "definition", "offset": [254, 265]}, {"key": "applicable-lender", "type": "clause", "offset": [301, 318]}, {"key": "at-any-time", "type": "clause", "offset": [321, 332]}, {"key": "from-time-to-time", "type": "clause", "offset": [337, 354]}, {"key": "total-utilization-of-revolving-commitments", "type": "definition", "offset": [535, 577]}, {"key": "at-the-time", "type": "clause", "offset": [578, 589]}, {"key": "provided-that", "type": "clause", "offset": [633, 646]}, {"key": "minimum-amount", "type": "clause", "offset": [728, 742]}, {"key": "integral-multiples", "type": "definition", "offset": [761, 779]}, {"key": "agent-shall", "type": "definition", "offset": [861, 872]}, {"key": "termination-or-reduction-of-the-revolving-commitments", "type": "clause", "offset": [1007, 1060]}, {"key": "effective-on-the", "type": "clause", "offset": [1070, 1086]}, {"key": "revolving-commitment-of-each-lender", "type": "clause", "offset": [1144, 1179]}, {"key": "pro-rata-share", "type": "definition", "offset": [1203, 1217]}, {"key": "a-notice-of-termination", "type": "clause", "offset": [1241, 1264]}, {"key": "other-credit-facilities", "type": "clause", "offset": [1354, 1377]}, {"key": "receipt-of", "type": "clause", "offset": [1385, 1395]}, {"key": "issuance-of-other-indebtedness", "type": "clause", "offset": [1418, 1448]}, {"key": "upon-the-closing", "type": "clause", "offset": [1452, 1468]}, {"key": "acquisition-transaction", "type": "definition", "offset": [1475, 1498]}, {"key": "by-borrower", "type": "clause", "offset": [1577, 1588]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [1593, 1627]}, {"key": "prior-to-the", "type": "clause", "offset": [1634, 1646]}, {"key": "specified-date", "type": "definition", "offset": [1647, 1661]}], "samples": [{"hash": "cIIh8MjDV5b", "uri": "/contracts/cIIh8MjDV5b#voluntary-commitment-reductions", "label": "Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)", "score": 28.2169742584, "published": true}, {"hash": "ejnzOlb7gKL", "uri": "/contracts/ejnzOlb7gKL#voluntary-commitment-reductions", "label": "Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)", "score": 27.6420269012, "published": true}, {"hash": "5Hu2t8z0dXc", "uri": "/contracts/5Hu2t8z0dXc#voluntary-commitment-reductions", "label": "Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)", "score": 27.2751541138, "published": true}], "hash": "54313d43e7ccb3c5010250ffb9894400", "id": 1}, {"snippet": "(i) Company may, upon not less than three Business Days\u2019 prior written or telephonic notice confirmed in writing to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Commitments in an amount up to the amount by which the Revolving Commitments exceed the Total Utilization of Revolving Commitments at the time of such proposed termination or reduction; provided, any such partial reduction of the Revolving Commitments shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount.\n(ii) Company\u2019s notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Commitments shall be effective on the date specified in Company\u2019s notice and shall reduce the Revolving Commitment of each Lender proportionately to its Pro Rata Share thereof.", "size": 101, "snippet_links": [{"key": "business-days", "type": "definition", "offset": [42, 55]}, {"key": "telephonic-notice", "type": "clause", "offset": [74, 91]}, {"key": "confirmed-in-writing", "type": "definition", "offset": [92, 112]}, {"key": "transmit-by", "type": "definition", "offset": [217, 228]}, {"key": "applicable-lender", "type": "clause", "offset": [264, 281]}, {"key": "at-any-time", "type": "clause", "offset": [284, 295]}, {"key": "from-time-to-time", "type": "clause", "offset": [300, 317]}, {"key": "total-utilization-of-revolving-commitments", "type": "definition", "offset": [498, 540]}, {"key": "at-the-time", "type": "clause", "offset": [541, 552]}, {"key": "minimum-amount", "type": "clause", "offset": [687, 701]}, {"key": "integral-multiples", "type": "definition", "offset": [720, 738]}, {"key": "agent-shall", "type": "definition", "offset": [817, 828]}, {"key": "termination-or-reduction-of-the-revolving-commitments", "type": "clause", "offset": [963, 1016]}, {"key": "effective-on-the", "type": "clause", "offset": [1026, 1042]}, {"key": "revolving-commitment-of-each-lender", "type": "clause", "offset": [1099, 1134]}, {"key": "pro-rata-share", "type": "definition", "offset": [1158, 1172]}], "samples": [{"hash": "lDFOK0fagAr", "uri": "/contracts/lDFOK0fagAr#voluntary-commitment-reductions", "label": "Credit and Guaranty Agreement (AID Restaurant, Inc.)", "score": 21.0, "published": true}, {"hash": "kXre93H7D2K", "uri": "/contracts/kXre93H7D2K#voluntary-commitment-reductions", "label": "Credit and Guaranty Agreement (Kraton Polymers LLC)", "score": 21.0, "published": true}, {"hash": "fIatUedMDI5", "uri": "/contracts/fIatUedMDI5#voluntary-commitment-reductions", "label": "Credit and Guaranty Agreement (Education Management LLC)", "score": 21.0, "published": true}], "hash": "1949d75aeff7c8ea3cab33b025f7f72c", "id": 2}, {"snippet": "(i) Borrower may, upon not less than three (3) Business Days\u2019 prior written or telephonic notice promptly confirmed by delivery of written notice thereof to Administrative Agent (which original written notice Administrative Agent will promptly transmit by facsimile or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Commitments in an amount up to the Aggregate Availability at the time of such proposed termination or reduction; provided that any such partial reduction of the Commitments shall be in an aggregate minimum amount of $2,000,000 and integral multiples of $1,000,000 in excess of that amount.\n(ii) Borrower\u2019s notice to Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Commitments shall be effective on the date specified in Borrower\u2019s notice and shall reduce the Commitments of each Lender and/or Issuing Bank proportionately to its Pro Rata Share thereof; provided that such termination or reduction may be conditioned on the occurrence of any subsequent event (including a refinancing transaction).", "size": 45, "snippet_links": [{"key": "business-days", "type": "definition", "offset": [47, 60]}, {"key": "telephonic-notice", "type": "clause", "offset": [79, 96]}, {"key": "delivery-of", "type": "clause", "offset": [119, 130]}, {"key": "notice-thereof", "type": "clause", "offset": [139, 153]}, {"key": "transmit-by", "type": "definition", "offset": [244, 255]}, {"key": "applicable-lender", "type": "clause", "offset": [287, 304]}, {"key": "at-any-time", "type": "clause", "offset": [307, 318]}, {"key": "from-time-to-time", "type": "clause", "offset": [323, 340]}, {"key": "aggregate-availability", "type": "clause", "offset": [458, 480]}, {"key": "at-the-time", "type": "clause", "offset": [481, 492]}, {"key": "provided-that", "type": "clause", "offset": [536, 549]}, {"key": "minimum-amount", "type": "clause", "offset": [621, 635]}, {"key": "integral-multiples", "type": "definition", "offset": [654, 672]}, {"key": "agent-shall", "type": "definition", "offset": [754, 765]}, {"key": "termination-or-reduction-of-the-commitments", "type": "clause", "offset": [900, 943]}, {"key": "effective-on-the", "type": "clause", "offset": [953, 969]}, {"key": "commitments-of-each-lender", "type": "clause", "offset": [1027, 1053]}, {"key": "issuing-bank", "type": "definition", "offset": [1061, 1073]}, {"key": "pro-rata-share", "type": "definition", "offset": [1097, 1111]}, {"key": "be-conditioned", "type": "clause", "offset": [1169, 1183]}, {"key": "subsequent-event", "type": "definition", "offset": [1209, 1225]}, {"key": "refinancing-transaction", "type": "definition", "offset": [1239, 1262]}], "samples": [{"hash": "cwIWq8JIdjp", "uri": "/contracts/cwIWq8JIdjp#voluntary-commitment-reductions", "label": "Revolving Credit Agreement (Cheniere Energy, Inc.)", "score": 34.5852165222, "published": true}, {"hash": "bhl21g91GuR", "uri": "/contracts/bhl21g91GuR#voluntary-commitment-reductions", "label": "Revolving Credit Agreement (Cheniere Energy, Inc.)", "score": 32.8329925537, "published": true}, {"hash": "OL7hpSboGn", "uri": "/contracts/OL7hpSboGn#voluntary-commitment-reductions", "label": "Revolving Credit Agreement (Cheniere Energy Inc)", "score": 29.9582481384, "published": true}], "hash": "64c62a82265f56e5b67ca9246fa9fa02", "id": 3}, {"snippet": "(i) Subject to payment of any Early Termination Fee or prepayment premium described in Section 2.9(c), Company may, upon not less than three (3) Business Days\u2019 prior written notice to Administrative Agent, each Class A Managing Agent and each Class B Revolving Lender, at any time and from time to time terminate in whole or permanently reduce in part the Revolving Commitments in an amount up to the amount by which the Class A Revolving Commitments exceed the Total Utilization of Class A Revolving Commitments or the Class B Revolving Commitments exceed the Total Utilization of Class B Revolving Commitments, as applicable, in each case at the time of such proposed termination or reduction; provided, any such partial reduction of the Class A Revolving Commitments shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount and any such partial reduction of the Class B Revolving Commitments shall be in an aggregate minimum amount of $100,000 and integral multiples of $100,000 in excess of that amount; and provided further that any such reduction of the Class A Revolving Commitments shall effect a ratable reduction of the Class A Revolving Commitments of each Class A Revolving Committed Lender and of each Class A Lender Group\u2019s Class A Lender Group Limit.\n(ii) Company\u2019s notice shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Commitments shall be effective on the date specified in Company\u2019s notice and shall reduce the Revolving Commitment of each applicable Class A Revolving Committed Lender and/or Class B Revolving Lender proportionately to its applicable Pro Rata Share thereof.", "size": 42, "snippet_links": [{"key": "subject-to", "type": "definition", "offset": [4, 14]}, {"key": "payment-of", "type": "clause", "offset": [15, 25]}, {"key": "early-termination-fee", "type": "definition", "offset": [30, 51]}, {"key": "prepayment-premium", "type": "definition", "offset": [55, 73]}, {"key": "business-days", "type": "definition", "offset": [145, 158]}, {"key": "notice-to-administrative-agent", "type": "clause", "offset": [174, 204]}, {"key": "class-a-managing-agent", "type": "definition", "offset": [211, 233]}, {"key": "class-b-revolving-lender", "type": "definition", "offset": [243, 267]}, {"key": "at-any-time", "type": "clause", "offset": [269, 280]}, {"key": "from-time-to-time", "type": "clause", "offset": [285, 302]}, {"key": "the-class", "type": "clause", "offset": [417, 426]}, {"key": "total-utilization-of-class-a-revolving-commitments", "type": "definition", "offset": [462, 512]}, {"key": "total-utilization-of-class-b-revolving-commitments", "type": "definition", "offset": [561, 611]}, {"key": "each-case", "type": "definition", "offset": [631, 640]}, {"key": "at-the-time", "type": "clause", "offset": [641, 652]}, {"key": "minimum-amount", "type": "clause", "offset": [795, 809]}, {"key": "integral-multiples", "type": "definition", "offset": [826, 844]}, {"key": "ratable-reduction", "type": "clause", "offset": [1160, 1177]}, {"key": "class-a-revolving-committed-lender", "type": "definition", "offset": [1223, 1257]}, {"key": "class-a-lender-group-limit", "type": "definition", "offset": [1293, 1319]}, {"key": "termination-or-reduction-of-the-revolving-commitments", "type": "clause", "offset": [1483, 1536]}, {"key": "effective-on-the", "type": "clause", "offset": [1546, 1562]}, {"key": "applicable-class", "type": "definition", "offset": [1648, 1664]}, {"key": "applicable-pro-rata-share", "type": "definition", "offset": [1749, 1774]}], "samples": [{"hash": "2EET9qu4yrp", "uri": "/contracts/2EET9qu4yrp#voluntary-commitment-reductions", "label": "Credit Agreement (On Deck Capital Inc)", "score": 26.856262207, "published": true}, {"hash": "7BQ9a2KEKmx", "uri": "/contracts/7BQ9a2KEKmx#voluntary-commitment-reductions", "label": "Credit Agreement (On Deck Capital Inc)", "score": 25.8569469452, "published": true}, {"hash": "exAhkCcVseR", "uri": "/contracts/exAhkCcVseR#voluntary-commitment-reductions", "label": "Credit Agreement (On Deck Capital Inc)", "score": 25.7446956635, "published": true}], "hash": "c52426e2ae5f448f7a8ce0b012067f85", "id": 4}, {"snippet": "The Borrower shall have the right, at any time and from time to time after the Agreement Date, upon at least three (3) Business Days' prior written notice to the Administrative Agent, without premium or penalty, to cancel or reduce permanently all or a portion of the Facility A Commitment on the basis of the respective Commitment Ratios of the Banks applicable to the Facility A Commitment; provided, however, that any such partial reduction shall be made in an amount not less than $5,000,000 and in integral multiples of $1,000,000. As of the date of cancellation or reduction set forth in such notice, the Facility A Commitment shall be permanently reduced to the amount stated in the Borrower's notice for all purposes herein, and the Borrower shall pay to the Administrative Agent for the Banks the amount necessary to reduce the principal amount of the Loans then outstanding under Facility A Commitment to not more than the amount of Facility A Commitment as so reduced, together with accrued interest on the amount so prepaid and commitment fees accrued through the date of the reduction with respect to the amount reduced.", "size": 25, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "the-right", "type": "clause", "offset": [24, 33]}, {"key": "at-any-time", "type": "clause", "offset": [35, 46]}, {"key": "from-time-to-time", "type": "clause", "offset": [51, 68]}, {"key": "agreement-date", "type": "clause", "offset": [79, 93]}, {"key": "business-days", "type": "definition", "offset": [119, 132]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [148, 182]}, {"key": "a-portion", "type": "definition", "offset": [251, 260]}, {"key": "facility-a-commitment", "type": "clause", "offset": [268, 289]}, {"key": "basis-of", "type": "clause", "offset": [297, 305]}, {"key": "commitment-ratios", "type": "definition", "offset": [321, 338]}, {"key": "the-banks", "type": "clause", "offset": [342, 351]}, {"key": "to-the-facility", "type": "definition", "offset": [363, 378]}, {"key": "integral-multiples", "type": "definition", "offset": [503, 521]}, {"key": "cancellation-or-reduction", "type": "clause", "offset": [555, 580]}, {"key": "all-purposes", "type": "clause", "offset": [712, 724]}, {"key": "pay-to", "type": "definition", "offset": [756, 762]}, {"key": "the-principal-amount", "type": "definition", "offset": [833, 853]}, {"key": "the-loans", "type": "clause", "offset": [857, 866]}, {"key": "commitment-to", "type": "clause", "offset": [901, 914]}, {"key": "amount-of-facility", "type": "clause", "offset": [933, 951]}, {"key": "interest-on-the", "type": "clause", "offset": [1002, 1017]}, {"key": "fees-accrued", "type": "clause", "offset": [1051, 1063]}, {"key": "with-respect-to", "type": "clause", "offset": [1098, 1113]}], "samples": [{"hash": "mo0hyZmryO", "uri": "/contracts/mo0hyZmryO#voluntary-commitment-reductions", "label": "Loan Agreement (Metrocall Inc)", "score": 18.0, "published": true}, {"hash": "bWOvKhOYqHM", "uri": "/contracts/bWOvKhOYqHM#voluntary-commitment-reductions", "label": "Loan Agreement (Metrocall Inc)", "score": 18.0, "published": true}, {"hash": "3Gu1sOYI15R", "uri": "/contracts/3Gu1sOYI15R#voluntary-commitment-reductions", "label": "Loan Agreement (Metrocall Inc)", "score": 18.0, "published": true}], "hash": "0273b38bbb9cb335c9689ee7781a37ac", "id": 5}, {"snippet": "Section 2.7", "size": 20, "snippet_links": [], "samples": [{"hash": "bnDFC9wVWBF", "uri": "/contracts/bnDFC9wVWBF#voluntary-commitment-reductions", "label": "Loan Agreement (Rural Cellular Corp)", "score": 18.0, "published": true}, {"hash": "8fvWcbOVeb8", "uri": "/contracts/8fvWcbOVeb8#voluntary-commitment-reductions", "label": "Loan Agreement (American Radio Systems Corp /Ma/)", "score": 18.0, "published": true}, {"hash": "79Lr3Ce9VM9", "uri": "/contracts/79Lr3Ce9VM9#voluntary-commitment-reductions", "label": "Loan Agreement (American Tower Systems Corp)", "score": 18.0, "published": true}], "hash": "91a9c50834addb9cafefa948a3582980", "id": 6}, {"snippet": "The Borrower shall have the right, upon not less than five (5) Business Days\u2019 written irrevocable notice to the Administrative Agent, to terminate the Commitments or, from time to time, to reduce the amount of the Commitments, which notice shall specify the date and amount of any such reduction and otherwise be substantially in the form of Exhibit 5.7 (a \u201cCommitment Reduction Notice\u201d). Any such reduction shall be in a minimum amount equal to $5,000,000 or an integral multiple thereof, unless the Commitments are reduced to zero and this Agreement is terminated, provided, that the Revolving Credit Commitments may not be reduced below the aggregate principal amount of the Facility Usage. Each reduction of Revolving Credit Commitments shall ratably reduce the Revolving Credit Commitments of the Lenders.", "size": 19, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "the-right", "type": "clause", "offset": [24, 33]}, {"key": "business-days", "type": "definition", "offset": [63, 76]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [98, 132]}, {"key": "the-commitments", "type": "clause", "offset": [147, 162]}, {"key": "from-time-to-time", "type": "clause", "offset": [167, 184]}, {"key": "form-of", "type": "definition", "offset": [334, 341]}, {"key": "commitment-reduction-notice", "type": "clause", "offset": [358, 385]}, {"key": "minimum-amount", "type": "clause", "offset": [422, 436]}, {"key": "equal-to", "type": "definition", "offset": [437, 445]}, {"key": "integral-multiple", "type": "definition", "offset": [463, 480]}, {"key": "to-zero", "type": "definition", "offset": [525, 532]}, {"key": "this-agreement", "type": "clause", "offset": [537, 551]}, {"key": "the-revolving-credit-commitments", "type": "clause", "offset": [582, 614]}, {"key": "facility-usage", "type": "clause", "offset": [678, 692]}, {"key": "reduction-of-revolving-credit-commitments", "type": "clause", "offset": [699, 740]}, {"key": "commitments-of-the-lenders", "type": "clause", "offset": [783, 809]}], "samples": [{"hash": "9Xk9m5pInR2", "uri": "/contracts/9Xk9m5pInR2#voluntary-commitment-reductions", "label": "Credit Agreement (New Jersey Resources Corp)", "score": 35.6036949158, "published": true}, {"hash": "7bq5glKcAS0", "uri": "/contracts/7bq5glKcAS0#voluntary-commitment-reductions", "label": "Credit Agreement (New Jersey Resources Corp)", "score": 35.6036949158, "published": true}, {"hash": "lKvDvL8h8AW", "uri": "/contracts/lKvDvL8h8AW#voluntary-commitment-reductions", "label": "Credit Agreement (New Jersey Resources Corp)", "score": 33.6789855957, "published": true}], "hash": "3e4e94ed9b9a699db800de84b0d18672", "id": 7}, {"snippet": "(i) The Company may, upon not less than three (3) Business Days\u2019 prior written notice pursuant to delivery to the Administrative Agent of a Notice of Loan Prepayment or telephonic notice confirmed in writing to the Administrative Agent pursuant to delivery to the Administrative Agent of a Notice of Loan Prepayment (which original written or telephonic notice the Administrative Agent will promptly transmit by electronic mail or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Credit Commitments of each Class or any Class, in the Company\u2019s discretion, in an amount up to the amount by which the Revolving Credit Commitments exceed the Total Revolving Credit Outstandings at the time of such proposed termination or reduction; provided, any such partial reduction of the Revolving Credit Commitments shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount.\n(ii) The Company\u2019s notice to the Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Credit Commitments shall be effective on the date specified in the Company\u2019s notice and shall reduce the Applicable Revolving Credit Percentage of each Revolving Credit Lender of the applicable Class on a pro rata basis.", "size": 12, "snippet_links": [{"key": "the-company", "type": "clause", "offset": [4, 15]}, {"key": "business-days", "type": "definition", "offset": [50, 63]}, {"key": "prior-written-notice", "type": "definition", "offset": [65, 85]}, {"key": "pursuant-to", "type": "definition", "offset": [86, 97]}, {"key": "delivery-to-the", "type": "clause", "offset": [98, 113]}, {"key": "notice-of-loan-prepayment", "type": "definition", "offset": [140, 165]}, {"key": "telephonic-notice", "type": "clause", "offset": [169, 186]}, {"key": "confirmed-in-writing", "type": "definition", "offset": [187, 207]}, {"key": "by-electronic-mail", "type": "clause", "offset": [409, 427]}, {"key": "applicable-lender", "type": "clause", "offset": [449, 466]}, {"key": "at-any-time", "type": "clause", "offset": [469, 480]}, {"key": "from-time-to-time", "type": "clause", "offset": [485, 502]}, {"key": "total-revolving-credit-outstandings", "type": "clause", "offset": [754, 789]}, {"key": "at-the-time", "type": "clause", "offset": [790, 801]}, {"key": "minimum-amount", "type": "clause", "offset": [943, 957]}, {"key": "integral-multiples", "type": "definition", "offset": [976, 994]}, {"key": "agent-shall", "type": "definition", "offset": [1083, 1094]}, {"key": "termination-or-reduction-of-the-revolving-credit-commitments", "type": "clause", "offset": [1229, 1289]}, {"key": "effective-on-the", "type": "clause", "offset": [1299, 1315]}, {"key": "applicable-revolving-credit-percentage", "type": "definition", "offset": [1376, 1414]}, {"key": "revolving-credit-lender", "type": "definition", "offset": [1423, 1446]}, {"key": "applicable-class", "type": "definition", "offset": [1454, 1470]}, {"key": "pro-rata-basis", "type": "definition", "offset": [1476, 1490]}], "samples": [{"hash": "9UOWP3Ig3Z6", "uri": "/contracts/9UOWP3Ig3Z6#voluntary-commitment-reductions", "label": "Refinancing Amendment (Hologic Inc)", "score": 32.7371673584, "published": true}, {"hash": "jZvnluF5i0Y", "uri": "/contracts/jZvnluF5i0Y#voluntary-commitment-reductions", "label": "Refinancing Amendment (Hologic Inc)", "score": 29.9609851837, "published": true}, {"hash": "RlKQN5GP92", "uri": "/contracts/RlKQN5GP92#voluntary-commitment-reductions", "label": "Credit and Guaranty Agreement (Hologic Inc)", "score": 28.7563304901, "published": true}], "hash": "036c950d3b9f3944500641eef3f8ab61", "id": 8}, {"snippet": "The Borrower may from time to time, upon notice to Administrative Agent not later than 1:00 p.m., three Business Days in advance, terminate in whole or reduce in part the Commitment, as designated by the Borrower; provided, however, that the Borrower shall pay the -------- ------- accrued interest and the applicable accrued Commitment Fee on the amount of such reduction and all amounts due, and any partial reduction shall be in an aggregate amount which is an integral multiple of $5,000,000.", "size": 11, "snippet_links": [{"key": "from-time-to-time", "type": "clause", "offset": [17, 34]}, {"key": "notice-to-administrative-agent", "type": "clause", "offset": [41, 71]}, {"key": "in-advance", "type": "clause", "offset": [118, 128]}, {"key": "the-commitment", "type": "definition", "offset": [167, 181]}, {"key": "as-designated", "type": "definition", "offset": [183, 196]}, {"key": "by-the-borrower", "type": "clause", "offset": [197, 212]}, {"key": "the-borrower-shall", "type": "clause", "offset": [238, 256]}, {"key": "accrued-interest", "type": "clause", "offset": [282, 298]}, {"key": "the-applicable", "type": "clause", "offset": [303, 317]}, {"key": "commitment-fee", "type": "definition", "offset": [326, 340]}, {"key": "all-amounts-due", "type": "clause", "offset": [377, 392]}, {"key": "aggregate-amount", "type": "definition", "offset": [435, 451]}, {"key": "integral-multiple", "type": "definition", "offset": [464, 481]}], "samples": [{"hash": "8eRokgnGbz6", "uri": "/contracts/8eRokgnGbz6#voluntary-commitment-reductions", "label": "Credit Agreement (Qwest Communications International Inc)", "score": 18.0, "published": true}, {"hash": "4niq5DQhRG9", "uri": "/contracts/4niq5DQhRG9#voluntary-commitment-reductions", "label": "Credit Agreement (Qwest Communications International Inc)", "score": 18.0, "published": true}, {"hash": "1eUu4Werp2M", "uri": "/contracts/1eUu4Werp2M#voluntary-commitment-reductions", "label": "Credit Agreement (Pacific Gateway Exchange Inc)", "score": 18.0, "published": true}], "hash": "d734d5f652a2c72e12c121817132d796", "id": 9}, {"snippet": "The Borrower shall have the right, at any time and from time to time after the Restatement Effective Date, upon at least three (3) U.S. Government Securities Business Days\u2019 prior written notice to the Administrative Agent, without premium or penalty, to cancel or reduce permanently all or a portion of the Initial Revolving Loan Commitment on a pro rata basis among the Lenders with an Initial Revolving Loan Commitment; provided, however, that in each case any such partial reduction shall be made in an amount not less than $5,000,000 and in integral multiples of not less than $1,000,000. Each permanent reduction of the Initial Revolving Loan Commitment permitted pursuant to this Section shall be accompanied by a payment of principal sufficient to reduce the aggregate outstanding Initial Revolving Loans, Swingline Loans and Letter of Credit Obligations, as applicable, after such reduction to the Initial Revolving Loan Commitment as so reduced, and if the aggregate amount of all outstanding Letters of Credit exceeds the Initial Revolving Loan Commitment as so reduced, the Borrower shall be required to deposit Cash Collateral in a Cash Collateral account opened by the Administrative Agent in an amount equal to such excess. Such Cash Collateral shall be applied in accordance with Section 8.2(b). Any reduction of the Initial Revolving Loan Commitment to zero shall be accompanied by payment of all outstanding Initial Revolving Loans and Swingline Loans (and furnishing of Cash Collateral satisfactory to the Administrative Agent for all Letter of Credit Obligations) and shall result in the termination of the Initial Revolving Loan Commitment and the Swingline Commitment. If the reduction of the Initial Revolving Loan Commitment requires the repayment of any Term SOFR Advance, such repayment shall be accompanied by any amount required to be paid pursuant to Section 2.9 hereof.", "size": 11, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "the-right", "type": "clause", "offset": [24, 33]}, {"key": "at-any-time", "type": "clause", "offset": [35, 46]}, {"key": "from-time-to-time", "type": "clause", "offset": [51, 68]}, {"key": "restatement-effective-date", "type": "clause", "offset": [79, 105]}, {"key": "government-securities-business-days", "type": "clause", "offset": [136, 171]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [187, 221]}, {"key": "a-portion", "type": "definition", "offset": [290, 299]}, {"key": "initial-revolving-loan-commitment", "type": "definition", "offset": [307, 340]}, {"key": "pro-rata-basis", "type": "definition", "offset": [346, 360]}, {"key": "the-lenders", "type": "clause", "offset": [367, 378]}, {"key": "each-case", "type": "definition", "offset": [449, 458]}, {"key": "integral-multiples", "type": "definition", "offset": [545, 563]}, {"key": "reduction-of", "type": "clause", "offset": [608, 620]}, {"key": "payment-of-principal", "type": "clause", "offset": [720, 740]}, {"key": "aggregate-outstanding", "type": "definition", "offset": [766, 787]}, {"key": "initial-revolving-loans", "type": "definition", "offset": [788, 811]}, {"key": "letter-of-credit-obligations", "type": "definition", "offset": [833, 861]}, {"key": "aggregate-amount", "type": "definition", "offset": [966, 982]}, {"key": "outstanding-letters-of-credit", "type": "definition", "offset": [990, 1019]}, {"key": "deposit-cash", "type": "clause", "offset": [1115, 1127]}, {"key": "cash-collateral-account", "type": "definition", "offset": [1144, 1167]}, {"key": "equal-to", "type": "definition", "offset": [1216, 1224]}, {"key": "collateral-shall", "type": "definition", "offset": [1248, 1264]}, {"key": "in-accordance-with", "type": "definition", "offset": [1276, 1294]}, {"key": "to-zero", "type": "definition", "offset": [1366, 1373]}, {"key": "revolving-loans-and-swingline-loans", "type": "clause", "offset": [1433, 1468]}, {"key": "termination-of-the", "type": "clause", "offset": [1607, 1625]}, {"key": "swingline-commitment", "type": "definition", "offset": [1668, 1688]}, {"key": "repayment-of", "type": "clause", "offset": [1761, 1773]}, {"key": "term-sofr-advance", "type": "definition", "offset": [1778, 1795]}, {"key": "amount-required", "type": "clause", "offset": [1840, 1855]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1867, 1886]}], "samples": [{"hash": "2m14yUEktDb", "uri": "/contracts/2m14yUEktDb#voluntary-commitment-reductions", "label": "Credit Agreement (Gray Media, Inc)", "score": 36.5427780151, "published": true}], "hash": "32482fb867d20ea83aeb0d00abbb364b", "id": 10}], "next_curs": "CmgSYmoVc35sYXdpbnNpZGVyY29udHJhY3RzckQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Iih2b2x1bnRhcnktY29tbWl0bWVudC1yZWR1Y3Rpb25zIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 686, "title": "Voluntary Commitment Reductions", "parents": [["voluntary-prepayments-commitment-reductions", "Voluntary Prepayments Commitment Reductions"], ["loans-and-letters-of-credit", "Loans and Letters of Credit"], ["loans", "Loans"], ["prepayments-commitment-reductions", "Prepayments Commitment Reductions"], ["miscellaneous", "Miscellaneous"]], "children": [["", ""], ["asset-sales", "Asset Sales"], ["insurance-condemnation-proceeds", "Insurance/Condemnation Proceeds"], ["call-protection", "Call Protection"], ["voluntary-commitment-reductions", "Voluntary Commitment Reductions"]], "id": "voluntary-commitment-reductions", "related": [["commitment-reductions", "Commitment Reductions", "Commitment Reductions"], ["commitment-reduction", "Commitment Reduction", "Commitment Reduction"], ["voluntary-prepayments-commitment-reductions", "Voluntary Prepayments Commitment Reductions", "Voluntary Prepayments Commitment Reductions"], ["mandatory-prepayments-and-commitment-reductions", "Mandatory Prepayments and Commitment Reductions", "Mandatory Prepayments and Commitment Reductions"], ["mandatory-prepayments-commitment-reductions", "Mandatory Prepayments Commitment Reductions", "Mandatory Prepayments Commitment Reductions"]], "related_snippets": [], "updated": "2026-03-15T05:55:41+00:00"}, "json": true, "cursor": ""}}