Common use of Reduction or Termination of the Commitments Clause in Contracts

Reduction or Termination of the Commitments. (a) The Borrower may, upon at least three Business Days' notice to the Administrative Agent, permanently terminate in whole or reduce in part the unused portions of any Commitments with respect to Facility A or Facility B and any tranche of either such facility of Loans; provided that, each such partial reduction: (i) shall be in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof (or, if less, the aggregate remaining unused amounts of all Applicable Lenders' Commitments in respect of such facility and tranche within such facility), and (ii) shall be made ratably among the Applicable Lenders in accordance with their respective Commitments in respect of such facility and tranche within such facility. (b) The Facility A Maximum Commitments or the Facility B Maximum Commitments, as applicable, shall be automatically and permanently reduced as of any date on which Advances are prepaid pursuant to Section 3.02 (except to the extent in Section 3.02(d)(iii) and Section 3.02(d)(iv)) or Section 3.03, by the aggregate principal amount of the Advances so prepaid. Each such reduction shall be made ratably among the Lenders in accordance with their respective Commitments.

Reduction or Termination of the Commitments. (a) The Borrower may, upon at least three Business Days' notice to the Administrative Agent, permanently terminate in whole or reduce in part the unused portions of any Commitments with respect to Facility A or Facility B and any tranche of either such facility of the Loans; provided that, each such partial reduction:: -------- ---- (i) shall be in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof (or, if less, the aggregate remaining unused amounts of all Applicable Lenders' Commitments in respect of such facility and tranche within such facilitythe Credit Facility), and (ii) shall be made ratably among the Applicable Lenders in accordance with their respective Commitments in respect of such facility and tranche within such facilitythe Credit Facility. (b) The Facility A Maximum Commitments or the Facility B Maximum Commitments, as applicable, shall be automatically and permanently reduced as of any date on which Advances are prepaid pursuant to Section (S) 3.02 -------- (except to the extent provided in Section 3.02(d)(iii(S) and Section 3.02(d)(iv3.02(d)) or Section (S) 3.03, by the ----------- -------- aggregate principal amount of the Advances so prepaid. Each such reduction shall be made ratably among the Lenders in accordance with their respective Commitments.