Common use of Reduction of Commitment Clause in Contracts

Reduction of Commitment. Any Borrower may permanently reduce the Commitment, in whole or in part ratably among the Lenders in integral multiples of $2,000,000, upon at least five Business Day’s written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Commitment may not be reduced below the aggregate principal amount of the outstanding Advances.

Reduction of Commitment. Any Borrower may permanently reduce the Commitment, in whole whole, or in part ratably among the Lenders in integral multiples of $2,000,0001,000,000, upon at least five Business Day’s Days’ written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Commitment may not be reduced below the aggregate principal amount of the outstanding Advances.

Reduction of Commitment. Any The Borrower may permanently reduce shall have the Commitment, in whole or in part ratably among the Lenders in integral multiples of $2,000,000, right at any time and from time to time upon at least five (5) Business Day’s Days’ written notice to the Administrative Agent, which notice shall specify Agent to reduce by $5,000,000 or an integral multiple of $1,000,000 in excess thereof or terminate entirely the amount of any such reduction, provided, however, that the amount unborrowed portion of the Commitment may not be reduced below Total Commitment, whereupon the aggregate principal amount Commitments of the outstanding Advances.the

Reduction of Commitment. Any The Borrower may permanently reduce shall have the Commitment, in whole or in part ratably among the Lenders in integral multiples of $2,000,000right, upon at least five ----------------------- not less than three (3) Business Day’s Days' prior written notice to the Administrative AgentAgent (which the Agent shall promptly transmit to the Lenders), which notice shall specify the amount of any such reduction, provided, however, that the amount to reduce all or part of the Commitment may not Maximum Available Credit Amount, such reduction to be reduced below the aggregate principal amount permanent and irrevocable upon delivery of said notice. Any partial reduction of the outstanding AdvancesMaximum Available Credit Amount shall be in a minimum amount equal to $500,000 or any whole multiple thereof and shall reduce each Lender's Credit Commitment proportionately in accordance with its Pro Rata Share.

Reduction of Commitment. Any The Borrower may permanently reduce shall have the Commitment, in whole or in part ratably among the Lenders in integral multiples of $2,000,000right, upon at least five not less than three (3) Business Day’s Days' prior written notice to the Administrative AgentAgent (which the Agent shall promptly transmit to the Lenders), which notice shall specify the amount of any such reduction, provided, however, that the amount to reduce all or part of the Commitment may not Maximum Available Revolving Credit Amount, such reduction to be reduced below the aggregate principal amount permanent and irrevocable upon delivery of said notice. Any partial reduction of the outstanding AdvancesMaximum Available Revolving Credit Amount shall be in a minimum amount equal to $500,000 or any whole multiple thereof and shall reduce each Lender's Credit Commitment proportionately in accordance with its Pro Rata Share.

Reduction of Commitment. Any The Borrower may permanently shall have the right without premium or penalty to reduce the Commitment, Facility Commitment Amount in whole or in part ratably among the Lenders in integral multiples increments of $2,000,000, upon at least five Five Million Euros (€5,000,000), by giving the Agent at least three (3) Business Day’s written Days’ notice to such effect, specifying the Administrative Agentamount of such reduction, which notice and reduction shall specify the amount of any such reduction, provided, however, that the amount of the Commitment may not be reduced below the aggregate principal amount of the outstanding Advancesirrevocable once given and made.

Reduction of Commitment. Any The Borrower may permanently reduce shall have the Commitment, in whole or in part ratably among the Lenders in integral multiples of $2,000,000, right at any time upon at least five (5) Business Day’s Days' prior written notice to the Administrative AgentAgent to reduce by an integral multiple of $100,000 or terminate entirely the unborrowed portion of the Commitment, which notice whereupon the Commitment shall specify be permanently reduced by the amount of any specified in such reductionnotice or, providedas the case may be, however, that the amount terminated. No reduction of the Commitment may not be reduced below the aggregate principal amount of the outstanding Advancesreinstated.

Reduction of Commitment. Any The Borrower may permanently reduce shall have the Commitment, in whole or in part ratably among the Lenders in integral multiples of $2,000,000, right at any time and from time to time upon at least five Business Day’s Days' prior written notice to the Administrative AgentAgent to reduce by $5,000,000 or an integral multiple of $100,000 in excess thereof or to terminate entirely the unborrowed portion of the Commitments, which notice whereupon the Commitments of the Banks shall specify be reduced pro rata in accordance with their respective Commitment Percentages of the amount of any such reduction, provided, however, that the amount of the Commitment may not be reduced below the aggregate principal amount of the outstanding Advances.specified in such