Common use of Change in Commitment Clause in Contracts

Change in Commitment. At any time and from time to time, Borrowers may request that Lender consent to an increase of the Committed Amount, which consent may be given or withheld by Lender in its sole discretion; provided that in no event shall the Committed Amount exceed the Maximum Aggregate Advance Amount. At any time and from time to time, Borrowers may, but not more than twice during the term of this Agreement, upon at least three (3) Business Days’ prior written notice to Lender, terminate in whole or reduce ratably in part the unused portions of the Committed Amount; provided that the Committed Amount shall in no event be reduced below the Aggregate Advance Amount outstanding at the time of such reduction. Borrowers may request that Lender increase the Commitment Amount following any such decrease, which request may be granted or denied by Lender in its sole discretion.