Common use of Reduction and Termination of the Commitments Clause in Contracts

Reduction and Termination of the Commitments. Upon at least three Business Days’ prior notice to (i) the Administrative Agent, the Company may terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Revolving Credit Lenders or, prior to the Closing Date, the unused portions the Term Loan Commitments of the Term Loan Lenders and (ii) the Mexican Facility Agent (with a copy to the Administrative Agent), the Mexican Borrowers may terminate in whole or reduce in part ratably the unused portions of the respective Peso Commitments of the Mexican Lenders; provided, however, that each partial reduction shall be in an aggregate amount of not less than $1,000,000 or an integral multiple of $1,000,000 in excess thereof. Any unused Term Loan Commitment shall terminate on the Closing Date. In addition, all outstanding Revolving Credit Commitments shall terminate on the Revolving Credit Termination Date.