Common use of Ratable Termination or Reduction Clause in Contracts

Ratable Termination or Reduction. The Borrower shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or the Unissued Letter of Credit Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof.

Ratable Termination or Reduction. The Borrower Borrowers shall have the right, upon at least three five Business Days’ notice to the Administrative Agent, to terminate in whole or permanently reduce ratably in part the Unused Revolving Credit Commitments or the Unissued Letter of Credit Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof.

Ratable Termination or Reduction. The Borrower Borrowers shall have the right, upon at least three five Business Days’ notice to the Administrative Agent, to terminate in whole or permanently reduce ratably in part the Unused Revolving Credit Commitments or the Unissued Letter of Credit Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $10,000,000 5,000,000 or an integral multiple of $1,000,000 in excess thereof.

Ratable Termination or Reduction. The Borrower shall have the right, upon at least three five Business Days’ notice to the Administrative Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or the Unissued Letter of Revolving Credit Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $10,000,000 5,000,000 or an integral multiple of $1,000,000 in excess thereof.

Ratable Termination or Reduction. The Borrower shall have the right, at any time or from time to time, upon at least three Business Days’ ' notice to the Administrative Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments or unused portions of the Unissued Letter of Credit respective Commitments of the Lenders, provided that each partial reduction shall be in the aggregate minimum amount of $10,000,000 25,000,000 or an integral multiple of $1,000,000 in excess thereof. The aggregate amount of the Commitments, once reduced as provided in this Section 2.04(b) or in Section 2.11, may not be reinstated.