Common use of Reduction of the Commitment Clause in Contracts

Reduction of the Commitment. The Borrower shall have the right, upon at least three (3) Business Days’ notice to the Lender, to terminate in whole or reduce in part the unused portion of the Commitment, without premium or penalty; provided, that each partial reduction shall be in the minimum aggregate amount of $100,000 and an integral multiple of $100,000 and that such reduction shall not reduce the Commitments to an amount less than the amount of Loans outstanding on the effective date of the reduction. The Commitment shall terminate in whole immediately upon any Prepayment Trigger.

Reduction of the Commitment. The Borrower shall have the right, upon at least three (3) FIVE Business Days’ ' notice to the LenderBank, to terminate in whole or reduce in part the unused portion of the CommitmentCommitment of the Bank, without premium or penalty; provided, provided that each partial reduction shall be in the minimum aggregate amount of $100,000 and an 1,000,000 or a greater integral multiple of $100,000 and that such reduction shall not reduce the Commitments to an amount less than the amount of Loans outstanding on the effective date of the reduction. The Commitment shall terminate in whole immediately upon any Prepayment Triggerthereof.

Reduction of the Commitment. The Borrower shall have the right, upon at least three two (32) Business Days’ ' notice to the LenderBank, to terminate in whole or reduce in part the unused portion of the Commitment, without premium or penalty; provided, provided that each partial reduction shall be in the minimum aggregate amount of $100,000 and 1,000,000 or an integral multiple of $100,000 1,000,000 thereof and that such reduction shall not reduce the Commitments Commitment to an amount less than the amount of Loans outstanding on the effective date of the reduction. The Commitment shall terminate in whole immediately upon any Prepayment Trigger.amount

Reduction of the Commitment. The Borrower shall have the right, upon at least three (3) five Business Days’ notice to the LenderBank, to terminate in whole or reduce in part permanently the unused portion of the Commitment, without premium or penalty; provided, provided that each partial reduction shall be in the minimum aggregate amount of $100,000 and or an integral multiple of $100,000 and that such reduction shall not reduce the Commitments to an amount less than the amount of Loans outstanding on the effective date of the reduction. The Commitment shall terminate in whole immediately upon any Prepayment Triggerthereof.