Common use of Commitment Reductions, Generally Clause in Contracts

Commitment Reductions, Generally. To the extent outstanding Revolving Advances exceed the Commitment after any reduction thereof, the Borrower shall repay, on the date of such reduction, any such excess amount and all accrued interest thereon, the applicable Commitment Fee on the amount of such reduction and all amounts due. Once reduced or terminated, the Commitment may not be increased or reinstated. No reduction of the Commitment, either voluntary or mandatory under Sections 2.11(b), 2.11(c), 2.11(d) or 2.11(e) hereof, shall relieve or alter the mandatory reduction and termination of the Commitment pursuant to Section 2.11(a) hereof.