Common use of Voluntary Reductions Clause in Contracts

Voluntary Reductions. The Borrower shall have the right, upon at least three Business Days' prior written notice to the Agent, to reduce permanently the Aggregate Commitment Amount, in whole at any time, or in part from time to time, to an amount not less than the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof), provided, however, that each partial reduction of the Aggregate Commitment Amount shall be an amount equal to $2,000,000 or such amount plus a whole multiple of $500,000 in excess thereof.

Voluntary Reductions. The Borrower shall have may permanently reduce any Aggregate Commitment in whole, or in part ratably among the rightapplicable Lenders in integral multiples of $500,000, upon at least three Business Days' prior written notice to the Agent, to reduce permanently which notice shall specify the Aggregate Commitment Amount, in whole at amount of any time, or in part from time to time, to an amount not less than the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof)such reduction, provided, however, that each partial reduction the amount of the Aggregate Commitment Amount shall under a Facility may not be an reduced below the aggregate principal amount equal to $2,000,000 or of the outstanding Advances under such amount plus a whole multiple of $500,000 in excess thereofFacility.

Voluntary Reductions. The Borrower shall have may permanently reduce any Aggregate Commitment in whole, or in part ratably among the rightapplicable Lenders in integral multiples of $250,000, upon at least three two Business Days' prior written notice to the Agent, to reduce permanently which notice shall specify the amount of any such reduction and the Aggregate Commitment Amount, in whole at any time, or in part from time to time, which it is to an amount not less than the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof)be applied, provided, however, that each partial reduction the amount of the Aggregate Commitment Amount shall under a Facility may not be an reduced below the aggregate principal amount equal to $2,000,000 or of the outstanding Advances under such amount plus a whole multiple of $500,000 in excess thereofFacility.

Voluntary Reductions. The Borrower shall have the right, upon at least three Business Days' prior written notice to the Agent, at any time to reduce permanently terminate the Aggregate Commitment Amount, in whole at any time, Commitments or in part from time to time, time to perma- nently reduce the Aggregate Commitments to an amount not less than the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof), provided, however, that each partial any such reduction of the Aggregate Commitment Amount shall be an in the amount equal to of $2,000,000 1,000,000 or such amount plus a whole multiple of $500,000 100,000 in excess thereof.

Voluntary Reductions. The Borrower shall have the right, upon at -------------------- least three Business Days' prior written notice to the Agent, at any time to reduce permanently terminate the Aggregate Commitment Amount, in whole at any time, Commitments or in part from time to time, time to an amount not less than permanently reduce the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof)Aggregate Commitments, provided, however, that each partial any such reduction of the Aggregate Commitment Amount shall be an in the amount equal to of $2,000,000 5,000,000 or such amount plus a whole multiple of $500,000 1,000,000 in excess thereof.

Voluntary Reductions. The Borrower shall have the right, upon at least three Business Days' prior written notice to the Agent, at any time to reduce permanently terminate the Aggregate Commitment Amount, in whole at any time, Commitments or in part from time to time, time to permanently reduce the Aggregate Commitments to an amount not less than the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof), provided, however, that each partial any such reduction of the Aggregate Commitment Amount shall be an in the amount equal to of $2,000,000 1,000,000 or such amount plus a whole multiple of $500,000 100,000 in excess thereof.

Voluntary Reductions. The Borrower shall have the right, upon -------------------- at least three Business Days' prior written notice to the Administrative Agent, to reduce permanently the Aggregate Commitment Amount, in whole at any time, or in part from time to time, to an amount not less than the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof), provided, however, that each partial reduction of the Aggregate Commitment Amount shall be in an amount equal to $2,000,000 3,000,000 (or, if less, the then remaining Aggregate Commitment Amount) or such amount plus a whole an integral multiple of $500,000 1,000,000 in excess thereof.

Voluntary Reductions. The Borrower shall have the right, upon at least three Business Days' prior written notice to the Agent, at any time to reduce permanently terminate the Aggregate Commitment Amount, in whole at any time, Commitments or in part from time to time, time to an amount not less than permanently reduce the sum of the aggregate principal balance of the Revolving Credit Loans then outstanding (after giving effect to any contemporaneous prepayment thereof)Aggregate Commitments, provided, however, that each partial any such reduction shall be in the amount of $3,000,000 (or such lesser available amount of the Aggregate Commitment Amount shall be an amount equal to Facility) or $2,000,000 or such amount 3,000,000 plus a whole multiple of $500,000 1,000,000 in excess thereof.