Common use of Optional Reductions Clause in Contracts

Optional Reductions. The Borrower shall have the right, upon at least three (3) Business Days' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (i) each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower Borrowers shall have the right, upon at least three (3) four Business Days' notice to the Administrative AgentAgent by both Borrowers, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that (i) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding, and provided, further, that each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower shall have the right, upon at least three (3) four Business Days' notice to the Administrative AgentAgent by the Borrower, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that (i) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding, and provided, further, that each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower shall have the rightmay, upon at least three (3) Business Days' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of all Lenders of any Class on a pro rata basis; provided, that, unless otherwise agreed by the Lenders; provided that Administrative Agent in its sole discretion, (i) each any such notice shall be received by the Administrative Agent not later than 12:00 noon five (5) Business Days prior to the date of termination or reduction and (ii) any such partial reduction with respect to a particular Class shall be in the an aggregate amount of $5,000,000 10,000,000 or an integral any whole multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower shall have the right, upon at least three (3) four Business Days' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that (i) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Total Utilization of Commitments and provided, further, that each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower Borrowers shall have the ------------------- right, upon at least three (3) four Business Days' notice to the Administrative AgentAgent by both Borrowers, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that (i) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding, and provided, further, that each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower Borrowers shall have the right, upon at least three (3) four Business Days' notice to the Administrative AgentAgent by both Borrowers, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the sum of (i) the aggregate principal amount of the Advances then outstanding and (ii) the aggregate principal amount of Commercial Paper then outstanding, and provided, further, that each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower shall have the right, upon at least three (3) Business Days' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (i) each partial reduction shall be in the aggregate amount of $5,000,000 or an integral a multiple of 20 21 $1,000,000 in excess thereof, and (ii) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower shall have the right, upon at least three (3) Business Days' notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; provided that (i) each partial reduction shall be in the aggregate amount of $5,000,000 or an integral a multiple of $1,000,000 in excess thereof, and (ii) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization of Commitments.

Optional Reductions. The Borrower Borrowers shall have the right, upon ------------------- at least three (3) four Business Days' notice to the Administrative AgentAgent by both Borrowers, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders; , provided that (i) each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) the aggregate of -------- the Commitments of the Lenders shall not be reduced to an amount which is less than the Total Utilization aggregate principal amount of Commitmentsthe Advances then outstanding, and provided, further, that each partial reduction shall be in the aggregate -------- ------- amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof.