Common use of Reduction of Commitment Clause in Contracts

Reduction of Commitment. The Borrower shall have the right, upon at least five (5) Business Days' notice to the Bank, to terminate in whole or reduce in part the unused portion of the Commitment, provided that each partial reduction shall be in the amount of not less than One Million and 00/100 Dollars ($1,000,000.00). The Commitment, once reduced or terminated, may not be reinstated.

Reduction of Commitment. The Borrower shall have the right, right at any time and from time to time upon at least five three (53) Business Days' Days prior written notice to the Bank, Bank to reduce by $100,000 or an integral multiple thereof or terminate in whole or reduce in part the unused portion of entirely the Commitment, provided that each partial reduction whereupon the Commitment shall be reduced in accordance with the amount specified in such notice or, as the case may be, terminated. Upon the effective date of any such reduction or termination, the Borrower shall pay to the Bank the full amount of any commitment fee then accrued on the amount of not less than One Million and 00/100 Dollars ($1,000,000.00). The Commitment, once reduced or terminated, may not be reinstatedthe reduction.

Reduction of Commitment. The Borrower shall have the right, upon Upon at least five three (53) Business Days' notice written notice, the Borrower may irrevocably elect to have the Bank, to terminate unused Commitment terminated in whole or reduce reduced in part the unused portion of the Commitmentprovided, provided however, that each any such partial reduction shall be in the a minimum amount of not less than One Million and 00/100 Dollars Hundred Thousand ($1,000,000.00)100,000.00) Dollars, or whole multiples thereof. The Commitment, once reduced terminated or terminatedreduced, may shall not be reinstatedreinstated without the express written approval of the Bank.

Reduction of Commitment. The Borrower Borrowers shall have the right, ----------------------- upon at least five three (53) Business Days' written notice to the Bank, to terminate in whole or reduce in part the unused portion of the Commitment, provided that each partial reduction shall be in the amount of not less than One Million and 00/100 Hundred Thousand Dollars ($1,000,000.00100,000.00). The Commitment, once reduced or terminated, may not be reinstated, unless Bank written approval.

Reduction of Commitment. The Borrower shall have the right, at any time and from time to time, without penalty or charge, upon at least five 5 Business Days prior written notice voluntarily to reduce or terminate permanently and irrevocably, in aggregate principal amounts in an integral multiple of $1,000,000 but not less than $5,000,000 (5) Business Days' notice unless all of the unused Commitment is being terminated), all or a portion of the unused Commitment. Borrower shall pay to the Bank, Administrative Agent on the date of such termination all unpaid commitment fees which have accrued to terminate such date in whole or reduce in part respect of the unused terminated portion of the Commitment, provided that each partial reduction shall be in the amount of not less than One Million and 00/100 Dollars ($1,000,000.00). The Commitment, once reduced or terminated, may not be reinstated.

Reduction of Commitment. The Borrower shall have may permanently reduce the rightCommitment in whole, or in part, in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount (unless the Commitment is reduced in whole), upon at least five three (53) Business Days' written notice to the BankLender, to terminate in whole or reduce in part the unused portion of the Commitment, provided that each partial reduction which notice shall be in specify the amount of not less than One Million and 00/100 Dollars ($1,000,000.00). The Commitmentany such reduction; provided, once reduced or terminatedhowever, that the amount of the Commitment may not be reinstated.reduced below the aggregate principal amount of the outstanding