Common use of Commitment Reductions, Generally Clause in Contracts

Commitment Reductions, Generally. The Administrative Agent shall promptly notify the Appropriate Lenders of any such reduction or termination of the Letter of Credit Sublimit or Aggregate Revolving Commitment under this Section 2.04. Upon any reduction of the Aggregate Revolving Commitment, the Revolving Commitment of each Revolving Lender shall be reduced by such Lender’s Revolving Commitment Percentage of such reduction amount. Once reduced in accordance with this Section 2.04, the Aggregate Revolving Commitment may not be increased. All fees in respect of the Revolving Facility accrued until the effective date of any termination of the Revolving Facility shall be paid on the effective date of such termination.