Common use of Reduction and Termination of the Commitments Clause in Contracts

Reduction and Termination of the Commitments. The Borrower may, upon at least five Business Days’ prior notice to the Administrative Agent, terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Lenders; provided, however, that each partial reduction shall be in the aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and, in the case of any reduction of the Revolving Credit Commitments, the requirements of Section 2.9(e) shall have been satisfied. The Borrower acknowledges and agrees that the Revolving Credit Commitments shall terminate in their entirety concurrently with the termination in their entirety of the Revolving Credit Commitments under and as defined in the U.S. Facility.

Reduction and Termination of the Commitments. The Borrower may, upon at least five Business Days’ prior notice to the Administrative Agent, terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Lenders; provided, however, that each partial reduction shall be in the aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and, in the case of any reduction of the Revolving Credit Commitments, the requirements of Section 2.9(e) shall have been satisfied. The Borrower acknowledges and agrees that may not terminate the Revolving Credit Commitments shall terminate in their entirety pursuant to this Section 2.5 unless, concurrently with the termination in their entirety of such termination, the Revolving Credit Commitments under and as defined in the U.S. FacilityCanadian Facility are terminated.