Common use of Reduction of the Commitments Clause in Contracts

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' notice to the Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Banks, PROVIDED that each partial reduction shall be in the aggregate amount of $1,000,000 or an integral multiple thereafter of $500,000.

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' ’ notice to the Agent, Funds Administrator to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Banks, PROVIDED provided, that each partial reduction shall be in the aggregate amount of $1,000,000 or an integral multiple thereafter of $500,0001,000,000 in excess thereof.

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' notice to the Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the BanksLenders; provided that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount that is less than the aggregate principal amount then outstanding hereunder; and provided, PROVIDED further, that each partial reduction shall be in the an aggregate amount equal to $5,000,000 and an integral multiple of $1,000,000 or an integral multiple thereafter of $500,000in excess thereof.

Reduction of the Commitments. (a) The Borrower shall have the rightmay, upon at least three (3) Business Days' notice to the AgentAdministrative Agent (which shall promptly distribute copies thereof to the Lenders), to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Banks, PROVIDED Commitments; provided that each any such partial reduction shall be in the aggregate amount of $1,000,000 10,000,000 or an integral multiple thereafter of $500,0001,000,000 in excess thereof.

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' notice to the Agent, Funds Administrator to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Banks, PROVIDED provided, that each partial reduction shall be in the aggregate amount of $1,000,000 or an integral multiple thereafter of $500,0001,000,000 in excess thereof.

Reduction of the Commitments. The Borrower shall have the right, upon at least three five Business Days' notice to the Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Banks, PROVIDED that each partial reduction shall be in the aggregate amount of $1,000,000 3,000,000 or an integral multiple thereafter of $500,000thereof.

Reduction of the Commitments. The Borrower shall have the right, upon at least three Business Days' notice to the Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the BanksLenders, PROVIDED provided that each partial reduction shall be in the aggregate amount of $1,000,000 2,500,000 or an integral multiple thereafter of $500,0001,000,000 in excess thereof.