Common use of Voluntary Termination or Reduction of Total Unutilized Revolving Loan Commitment Clause in Contracts

Voluntary Termination or Reduction of Total Unutilized Revolving Loan Commitment. Upon at least three Business Days’ prior notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the U.S. Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate or partially reduce the Total Unutilized Revolving Loan Commitment, provided that (x) any partial reduction pursuant to this Section 4.02 shall be in an amount of at least $1,000,000 or, if greater, in integral multiples of $1,000,000 thereof. Each reduction to the Total Unutilized Revolving Loan Commitment pursuant to this Section 4.02 shall apply (i) to reduce the Revolving Loan Commitments of the various RL Lenders pro rata based on their respective RL Percentages and (ii) to reduce the Total Revolving A Loan Capacity and/or the Total Revolving B Loan Capacity, as specified by the U.S. Borrower, by an amount which, in the aggregate, equals the reduction in the Total Revolving Loan Commitment pursuant to the immediately preceding clause (i). The amount of any reduction to the Revolving Loan Commitment of any Lender pursuant to this Section 4.02 shall reduce the U.S. Revolving Loan Sub-Commitment and the Maximum Canadian Dollar Revolving Loan Sub-Commitments of such Lender on a pro rata basis.

Voluntary Termination or Reduction of Total Unutilized Revolving Loan Commitment. Upon at least three Business Days’ prior notice to the Administrative Agent at the Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the U.S. Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate or partially reduce the Total Unutilized Revolving Loan Commitment, provided that (x) any partial reduction pursuant to this Section 4.02 shall be in an amount of at least $1,000,000 or, if greater, in integral multiples of $1,000,000 thereof. Each reduction to the Total Unutilized Revolving Loan Commitment pursuant to this Section 4.02 shall apply (i) to reduce the Revolving Loan Commitments of the various RL Lenders pro rata based on their respective RL Percentages and (ii) Percentages. Each reduction to reduce the Total Revolving A Loan Capacity and/or the Total Revolving B Loan Capacity, as specified by the U.S. Borrower, by an amount which, in the aggregate, equals the reduction in the Total Unutilized Revolving Loan Commitment pursuant to this Section 4.02 shall apply to reduce the immediately preceding clause (i)Revolving Loan Commitments of the various RL Lenders pro rata based on their respective RL Percentages. The Notwithstanding the foregoing, the amount of any reduction to the Revolving Loan Commitment of any Lender pursuant to this Section 4.02 shall reduce the U.S. Revolving Loan Sub-Commitment Commitment, the Alternative Currency Revolving Loan Sub-Commitments and the Maximum Canadian Dollar Revolving Loan Sub-Commitments of such Lender on a pro rata basis.