Common use of Maximum Borrowing Amounts Clause in Contracts

Maximum Borrowing Amounts. (a) The Fronted Offshore Currency Commitment is set forth on Schedule I. (b) The Borrower or the applicable Borrowing Subsidiary may permanently reduce the Fronted Offshore Currency commitment under this Addendum in whole, or in part, in an aggregate minimum Dollar Equivalent equal to $[1,000,000] (or any larger multiple of $[1,000,000]) upon at least one (1) Business Day's prior written notice to the Offshore Currency Fronting Lender, which notice shall be given not later than 11:00 a.m. (local time) and shall specify the amount of such reductions; provided, however, that the amount of the Fronted Offshore Currency Commitment may not be reduced below the lesser of $[10,000,000] and the aggregate principal amount of the outstanding Fronted Offshore Currency Loans with respect thereto.

Maximum Borrowing Amounts. (a) The Fronted Offshore Currency Commitment of the Fronting Lender is set forth on Schedule I. (b) The Borrower Company or the applicable Borrowing Subsidiary Borrower may permanently reduce the Fronted Offshore Currency commitment Commitment under this Addendum in whole, or in part, in an aggregate minimum Dollar Equivalent equal to $[1,000,000] 1,000,000 (or any larger multiple of $[1,000,000]) upon at least one (1) Business Day's ’s prior written notice to the Offshore Currency Fronting Lender, which notice shall be given not later than 11:00 a.m. (local time) and shall specify the amount of such reductionsreduction; provided, however, provided that the amount of the Fronted Offshore Currency Commitment may not be reduced below the lesser of $[10,000,000] 10,000,000 and the aggregate principal amount of the outstanding Fronted Offshore Currency Loans with respect thereto.