Common use of Termination or Reduction of Revolving Credit Commitments Clause in Contracts

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate any of the Commitments or, from time to time, to reduce the aggregate amount of any of the Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three two Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The U.S. Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, either (a) the Total Revolving Extensions of Credit would exceed the Total Aggregate Available Revolving Credit CommitmentsCommitments would not be greater than or equal to zero or (b) the Available Revolving Credit Commitments of any Lender would not be greater than or equal to zero. Any such reduction shall be in an amount equal to $1,000,000, 10,000,000 or a whole multiple thereof, of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,0005,000,000, or a whole multiple of $1,000,000 in excess thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The U.S. Borrower shall have the right, upon not less than three five Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Available Revolving Credit CommitmentsCommitment or Available Multicurrency Commitment of any Lender would not be greater than or equal to zero. Any such reduction shall be in an amount equal to $1,000,000, 2,500,000 or a whole multiple thereof, of $500,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, if after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Outstanding Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' ’ notice to the Administrative AgentAgent (which shall promptly notify each Lender thereof), to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Available Revolving Credit CommitmentsCommitment of any Lender would not be greater than or equal to zero. Any such permitted reduction shall be in an amount equal to $1,000,000, 2,500,000 or a whole multiple thereof, of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three five Business Days' Days irrevocable notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; , provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Aggregate Outstanding Revolving Extensions Credit of all Revolving Credit Lenders would exceed the Total Revolving Credit CommitmentsCommitments then in effect. Any such reduction shall be in an amount equal to $1,000,000, 5,000,000 or a whole multiple thereof, of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three five Business Days' Days irrevocable notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; , provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Aggregate Outstanding Revolving Extensions Credit of Credit all Lenders would exceed the Total Revolving Credit CommitmentsCommitments then in effect. Any such reduction shall be in an amount equal to $1,000,000, 5,000,000 or a whole multiple thereof, of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' ’ notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit Exposure would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000500,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower Company shall have the right, upon not less than three five Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided PROVIDED that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Available Revolving Credit CommitmentsCommitment of any Lender would not be greater than or equal to zero. Any such reduction shall be in an amount equal to $1,000,000, 1,000,000 or a whole multiple thereof, of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative AgentAgent (which shall promptly notify each Lender thereof), to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Available Revolving Credit CommitmentsCommitment of any Lender would not be greater than or equal to zero. Any such reduction shall be in an amount equal to $1,000,000, 2,500,000 or a whole multiple thereof, of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower Borrowers shall have the right, upon not less than three Business Days' ’ notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that that, no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit CommitmentsMaximum Facility Availability. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three five Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Aggregate Outstanding RC Extensions of Credit would exceed the Total Revolving Credit CommitmentsCommitments then in effect. Any such reduction shall be in an amount equal to $1,000,000, 1,000,000 or a whole multiple thereof, thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three five Business Days' ’ notice to the Administrative AgentLender, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided provided, that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total aggregate principal amount of the Revolving Extensions of Credit Loans then outstanding would exceed the Total Revolving Credit CommitmentsCommitments then in effect. Any such reduction shall be in an amount equal to $1,000,000, 100,000 or a whole multiple thereof, thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three five Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided provided, that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Aggregate Outstanding RC Extensions of Credit would exceed the Total Revolving Credit CommitmentsCommitments then in effect. Any such reduction shall be in an amount equal to $1,000,000, 100,000 or a whole multiple thereof, thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower Company shall have the right, upon not less than three five Business Days' notice to the Administrative AgentAgent (which shall promptly notify each Lender thereof), to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Available Revolving Credit CommitmentsCommitment of any Lender would not be greater than or equal to zero. Any such reduction shall be in an amount equal to $1,000,000, 1,000,000 or a whole multiple thereof, of $1,000,000 in excess thereof and shall reduce permanently the Revolving Credit Commitments then in effect.

Termination or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate any of the Revolving Credit Commitments or, from time to time, to reduce the aggregate amount of any of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000500,000, or a whole multiple of $100,000 in excess thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.