All Reductions of the Revolving Commitment Sample Clauses

The "All Reductions of the Revolving Commitment" clause defines the procedures and requirements for decreasing the total amount of credit available under a revolving credit facility. Typically, this clause outlines how and when a borrower can request a reduction, any minimum reduction amounts, and the notice period required to inform the lender. By establishing clear rules for reducing the commitment, the clause ensures both parties understand their rights and obligations, thereby preventing disputes and maintaining flexibility in managing credit exposure.