Common use of Reductions in Aggregate Revolving Loan Commitment Clause in Contracts

Reductions in Aggregate Revolving Loan Commitment. The Borrower may permanently reduce the Aggregate Revolving Loan Commitment to $0. The Borrower may permanently reduce the Aggregate Revolving Loan Commitment from the amount of $1,750,000,000 (or from such higher amount if the Aggregate Revolving Loan Commitment has been increased pursuant to Section 2.20) by $100,000,000 in integral multiples of $10,000,000. No other optional reduction of the Aggregate Revolving Loan Commitment by the Borrower is permitted hereunder. Any such permitted reduction may only occur upon at least three (3) Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Revolving Loan Commitment may not be reduced below the Aggregate Outstanding Credit Exposure. All accrued Commitment Fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Credit Extensions hereunder and on the final date upon which all Loans are repaid.

Reductions in Aggregate Revolving Loan Commitment. The Borrower may permanently reduce the Aggregate Revolving Loan Commitment to $0. The , and the Borrower may permanently reduce the Aggregate Revolving Loan Commitment from the amount of $1,750,000,000 1,850,000,000 (or from such higher amount if the Aggregate Revolving Loan Commitment has been increased pursuant to Section 2.20) by $100,000,000 in integral multiples of $10,000,00050,000,000. No other optional reduction of the Aggregate Revolving Loan Commitment by the Borrower is permitted hereunder. Any such permitted reduction may only occur upon at least three (3) Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Revolving Loan Commitment may not be reduced below the Aggregate Outstanding Credit Exposure. All accrued Commitment Fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Credit Extensions hereunder and on the final date upon which all Loans are repaid.