Common use of Termination of Revolving Credit Commitments Clause in Contracts

Termination of Revolving Credit Commitments. The Borrower ------------------------------------------- shall have the right to terminate the amount of Revolving Credit Commitments in whole or in part at any time, provided that the Borrower shall give notice of such termination to the Agent as provided in (S)2.12. Any portion of the Revolving Credit Commitments that has been terminated may not be reinstated.

Appears in 1 contract

Samples: Credit Agreement (Act Manufacturing Inc)

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Termination of Revolving Credit Commitments. The Borrower ------------------------------------------- Borrowers shall have the right to terminate the amount of Revolving Credit Commitments in whole or in part at any time, provided that the Borrower Borrowers shall give notice of such termination to the Agent as provided in (S)2.12ss. 2.12. Any portion of the Revolving Credit Commitments that has been terminated may not be reinstated.

Appears in 1 contract

Samples: Credit Agreement (Act Manufacturing Inc)

Termination of Revolving Credit Commitments. The Borrower ------------------------------------------- Borrowers shall have the right to terminate the amount of Revolving Credit Commitments in whole or in part at any time, provided that (a) the Borrower Borrowers shall give notice of such termination to the Agent as provided in Section 2.12 and (S)2.12b) each reduction of the Revolving Credit Commitments shall be in an amount that is at least equal to $1,000,000 or any greater multiple of $1,000,000. Any portion of the Revolving Credit Commitments that has been terminated may not be reinstated.

Appears in 1 contract

Samples: Credit Agreement (Computer Task Group Inc)

Termination of Revolving Credit Commitments. The Borrower ------------------------------------------- Borrowers shall have the right to terminate the amount of Revolving Credit Commitments in whole or in part at any time, provided that (a) the Borrower Borrowers shall give notice of such termination to the Agent as provided in section 2.12 and (S)2.12b) each reduction of the Revolving Credit Commitments shall be in an amount that is at least equal to $1,000,000 or any greater multiple of $1,000,000. Any portion of the Revolving Credit Commitments that has been terminated may not be reinstated.

Appears in 1 contract

Samples: Credit Agreement (Computer Task Group Inc)

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Termination of Revolving Credit Commitments. The Borrower ------------------------------------------- Borrowers shall have the right to terminate the amount of Revolving Credit Commitments in whole or in part at any time, provided that (a) the Borrower Borrowers' Agent shall give notice of such termination to the Agent as provided in Section 2.11 and (S)2.12b) each reduction of the Revolving Credit Commitments shall be in an amount that is at least equal to $1,000,000 or any greater multiple of $1,000,000. Any portion of the Revolving Credit Commitments that has been terminated may not be reinstated.

Appears in 1 contract

Samples: Credit and Security Agreement (Option Care Inc/De)

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