Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ notice to the Lender, to terminate the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided, that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Samples: Credit Agreement (Merisel Inc /De/)
Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ ' notice to the LenderAdministrative Agent, to terminate or reduce the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit CommitmentsCredit; providedPROVIDED, that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Aggregate Outstanding RC Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 1,000,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Termination or Reduction of Revolving Credit Commitments. The Borrower Borrowers shall have the right, upon not less than five Business Days’ ' notice to the LenderAdministrative Agent, to terminate or reduce the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit CommitmentsCredit; provided, that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Aggregate Outstanding RC Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 1,000,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Samples: Credit Agreement (Celadon Group Inc)
Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ Days irrevocable notice to the LenderAgent, to terminate the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided, provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount of the Aggregate Outstanding Revolving Credit Loans then outstanding of all Lenders would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 5,000,000 or a whole multiple of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ ' notice to the LenderAdministrative Agent, to terminate the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided, that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Aggregate Outstanding RC Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ ' notice to the LenderAdministrative Agent, to terminate the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided, provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Aggregate Outstanding RC Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Samples: Pledge Agreement (Denali Inc)
Termination or Reduction of Revolving Credit Commitments. The Borrower Borrowers shall have the right, upon not less than five three Business Days’ notice to the LenderAdministrative Agent, to terminate the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of the Revolving Credit Commitments; providedprovided that, that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Total Revolving Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effectMaximum Facility Availability. Any such reduction shall be in an amount equal to $100,000 1,000,000, or a whole multiple thereof thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.
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Samples: Credit Agreement (KKR Real Estate Finance Trust Inc.)
Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ ' notice to the LenderAdministrative Agent, to terminate the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided, provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Aggregate Outstanding RC Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 1,000,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Samples: Credit Agreement (Unidigital Inc)
Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ ' notice to the LenderAdministrative Agent, to terminate the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided, provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Aggregate Outstanding Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than five Business Days’ ' notice to the LenderAdministrative Agent, to terminate the Revolving Credit Commitments or, from time to time, to or reduce the amount of the Revolving Credit Commitments; provided, that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the aggregate principal amount Aggregate Outstanding RC Extensions of the Revolving Credit Loans then outstanding would exceed the Revolving Credit Commitments then in effect. Any such reduction shall be in an amount equal to $100,000 1,000,000 or a whole multiple thereof and shall reduce permanently the Revolving Credit Commitments then in effect.
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