Reductions of Commitments. The Borrower shall have the right at any time and from time to time, without penalty or bonus, upon delivery of a Repayment/Cancellation Notice to the Administrative Agent on the Required Notice, to terminate the whole or reduce in part on a permanent basis the unused portion of the Commitments (pro rata among the Lenders on the basis of their respective Commitments); provided that each partial reduction shall be in an aggregate minimum amount of C$10 million and multiples in excess thereof of C$5 million.
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Sources: Fourth Amending Agreement (Telus Corp), Third Amending Agreement (Telus Corp)
Reductions of Commitments. The Borrower shall have the right at any time and from time to time, without penalty or bonus, upon delivery of a Repayment/Cancellation Notice at least three Business Days' prior notice to the Administrative Agent on in the Required Noticeform of schedule 6 annexed hereto, to terminate the whole or reduce in part on a permanent basis the unused portion of the Commitments of the Lenders in respect of the a Credit Facility (pro rata among the Lenders on the basis of their respective Commitments); ) provided that each partial reduction shall be in an aggregate minimum amount of C$10 $5 million and multiples in excess thereof of C$5 $1 million.
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