Common use of Reduction of the Commitments Clause in Contracts

Reduction of the Commitments. (a) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date. (b) The Borrower shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate, in whole or reduce ratably in part, the unused portions of the Commitments of the Lenders; provided that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; and provided further that each partial reduction shall be in an aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof. (c) Once reduced or terminated, the Commitments may not be reinstated.

Reduction of the Commitments. (a) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date. (b) The Borrower shall have the right, upon at least three (3) Business Days’ notice to the Administrative Agent, to terminate, terminate in whole or reduce ratably in part, part the unused portions portion of the Commitments of the Lendersaggregate Commitments, without premium or penalty; provided that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; and provided further provided, that each partial reduction shall be in an the minimum aggregate amount of $10,000,000 or 100,000 and an integral multiple of $1,000,000 in excess thereof100,000 and that such reduction shall not reduce the aggregate Commitments to an amount less than the amount of Loans outstanding on the effective date of the reduction. The Agent will promptly notify the Lenders of any such notice of termination or reduction of the aggregate Commitments. Any such reduction shall be applied to the Commitment of each Lender according to its Applicable Percentage. (c) Once reduced or terminated, the Commitments may not be reinstated.

Reduction of the Commitments. (a) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date. (b) The Borrower shall have the right, upon at least three Business Days’ ' notice to the Administrative Agent, to terminate, terminate in whole all of the Commitments or reduce ratably in part, part the unused portions of the respective Commitments of the Lenders; provided , PROVIDED that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; , and provided further PROVIDED FURTHER that each partial reduction (other than a reduction pursuant to Section 2.11) shall be in an the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof. (c) Once reduced or terminated, the Commitments may not be reinstated.

Reduction of the Commitments. (a) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date. (b) The Borrower shall have the right, upon at least three Business Days’ ' notice to the Administrative Agent, to terminate, terminate in whole or reduce ratably in part, part the unused portions of the respective Commitments of the Lenders; provided that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the B Advances then outstanding; and provided further provided, further, that each partial reduction shall be in an aggregate amount equal to the product of (A) $10,000,000 1,000,000 and (B) the number of Lenders on the effective date of such reduction, or an integral multiple of $1,000,000 in excess thereof. (cb) Once reduced or terminatedOn the Termination Date, the Commitments may not of the Lenders shall be reinstatedreduced to zero.

Reduction of the Commitments. (a) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date. (b) The Borrower shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate, terminate in whole or reduce ratably in part, part the unused portions of the Commitments of the Lenders; provided that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount which is less than the aggregate principal amount of the Advances then outstanding; and provided further that each partial reduction shall be in an aggregate amount of $10,000,000 5,000,000 or an integral multiple of $1,000,000 in excess thereof. (c) Once reduced or terminated, the Commitments may not be reinstated.