Common use of Reduction of Financing Commitments Clause in Contracts

Reduction of Financing Commitments. (a) After the Non-Call Period End Date (or any other date after JPMorgan Chase Bank, National Association ceases to act as Administrative Agent), the Company shall be entitled at its option from time to time and upon five (5) Business Days' prior written notice to the Administrative Agent to (i) reduce the Financing Commitments with respect to Advances by prepayment of all or any portion of the principal amount of the Advances and all accrued and unpaid interest thereon and designating to the Administrative Agent that such prepayment is part of a Facility Reduction (in which case the Financing Commitments shall be reduced by the amount of principal so prepaid) and/or (ii) terminate in full or reduce in part any portion of the Financing Commitments that exceeds the sum of the outstanding Advances. (b) On the last day of the Reinvestment Period, all remaining unfunded Financing Commitments will automatically be cancelled. (c) Any reduction of Financing Commitments under this Section 4.07 shall be referred to as a "Facility Reduction".

Reduction of Financing Commitments. (a) After the Non-Call Period End Date (or any other date after JPMorgan Chase Bank, National Association ceases to act as Administrative Agent), the Company shall be entitled at its option from time to time and upon five (5) Business Days' ’ prior written notice to the Administrative Agent to (i) reduce the Financing Commitments with respect to Advances by prepayment of all or any portion of the principal amount of the Advances and all accrued and unpaid interest thereon and designating to the Administrative Agent that such prepayment is part of a Facility Reduction (in which case the Financing Commitments shall be reduced by the amount of principal so prepaid) and/or (ii) terminate in full or reduce in part any portion of the Financing Commitments that exceeds the sum of the outstanding Advances. (b) On the last day of the Reinvestment Period, all remaining unfunded Financing Commitments will automatically be cancelled. (c) Any reduction of Financing Commitments under this Section 4.07 shall be referred to as a "“Facility Reduction"”.

Reduction of Financing Commitments. (a) After the Non-Call Period End Date (or any other date after JPMorgan Chase Bank, National Association ceases to act as Administrative Agent), the Company shall be entitled at its option from time to time and upon five (5) Business Days' ’ prior written notice to the Administrative Agent to (i) reduce the Financing Commitments with respect to Advances by prepayment of all or any portion of the principal amount of the Advances and all accrued and unpaid interest thereon and designating to the Administrative Agent that such prepayment is part of a Facility Reduction (in which case the Financing Commitments shall be reduced by the amount of principal so prepaid) and/or (ii) terminate in full or reduce in part any portion of the Financing Commitments that exceeds the sum of the outstanding Advances. (b) On the last day of the Reinvestment Period, all remaining unfunded Financing Commitments will automatically be cancelled. (c) Any reduction of Financing Facility Commitments under this Section 4.07 shall be referred to as a "“Facility Reduction"”.