Reduction or Cancellation of Commitments. Lessee may, at any time prior to the Commitment Termination Date, upon five (5) Business Days written notice to Lessor, permanently reduce the Total Commitment by the amount of Five Million Dollars ($5,000,000) or an integral multiple of One Million Dollars ($1,000,000) in excess thereof or cancel the Total Commitment in its entirety.
Appears in 3 contracts
Sources: Participation Agreement (Novellus Systems Inc), Participation Agreement (Kla Tencor Corp), Participation Agreement (Novellus Systems Inc)