Voluntary Decreases Sample Clauses

Voluntary Decreases. Upon at least three Business Days' prior irrevocable notice to the Note Purchaser and the Trustee in writing, the Issuer may voluntarily prepay all or a portion of the Series 1998-1 Invested Amount in accordance with the procedures set forth herein (each reduction of the Series 1998-1 Invested Amount pursuant to this Section 4A.3(b), a "Voluntary Decrease"); provided, that all voluntary Decreases pursuant to this Section 4A.3(b) shall be allocated such that (1) the Enhancement Amount after giving effect to such Decrease is not less than the Minimum Enhancement Amount. Each such Decrease shall be, in the aggregate for all Series 1998-1 Notes, in a minimum principal amount of $100,000. The Note Purchaser shall promptly advise the Liquidity Agent of any notice given pursuant to this Section 4A.3(b).
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Voluntary Decreases. Upon at least three (3) Business Days’ prior irrevocable notice to the Administrative Agent and the Trustee in writing the Issuer may voluntarily prepay all or a portion of the Series 2010-1 Invested Amount in accordance with the procedures set forth herein (each reduction of the Series 2010-1 Invested Amount pursuant to this Section 4A.3(b), a “Voluntary Decrease”); provided, that all voluntary Decreases pursuant to this Section 4A.3(b) shall be allocated such that the Series 2010-1 Enhancement Amount after giving effect to such Decrease is not less than the Series 2010-1 Minimum Enhancement Amount. Each such Decrease shall be, in the aggregate for all Series 2010-1 Notes, in a minimum principal amount of $1,000,000 and increments of $100,000 in excess thereof (or, if less, in the amount of the then-outstanding Series 2010-1 Invested Amount).
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Voluntary Decreases. Seller (or Collection Agent, on Seller’s behalf) shall provide each Purchaser with written notice no later than 11:00 a.m. (New York City time) on the same Business Day of any proposed voluntary reduction of Aggregate Capital (each, a “Reduction Notice”). Such Reduction Notice shall designate (i) the date upon which any such reduction of Aggregate Capital shall occur, (ii) the amount of Aggregate Capital to be reduced (the “Aggregate Reduction”), (iii) each Purchaser’s Percentage of such Aggregate Reduction, which shall be applied ratably to the Receivable Interests of each Purchaser in accordance with the amount of Capital (if any) owing to such Purchaser. Only one (1) Reduction Notice shall be outstanding at any time.
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Voluntary Decreases. Upon at least five (5) Business Days’ prior irrevocable notice (or such shorter notice period as may be agreed by the Controlling Noteholder) to the Controlling Noteholder and the Trustee in writing the Issuer may voluntarily prepay all or a portion of the Series 2010-2 Invested Amount in accordance with the procedures set forth herein (each reduction of the Series 2010-2 Invested Amount pursuant to this Section 4A.3(b), a “Voluntary Decrease”); provided, that all Voluntary Decreases pursuant to this Section 4A.3(b) shall be allocated such that the Series 2010-2 Enhancement Amount after giving effect to such Decrease is not less than the Series 2010-2 Minimum Enhancement Amount. Each such Decrease shall be, in the aggregate for all Series 2010-2 Notes, in a minimum principal amount of $1,000,000 and increments of $100,000 in excess thereof (or, if less, in the amount of the then-outstanding Series 2010-2 Invested Amount).
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Voluntary Decreases. NFLP may voluntarily prepay all or a portion of the Series 1997-1 Invested Amount of the Series 1997-1 Notes to be paid or deposited into the Series 1997-1 Collection Account and to be allocated in accordance with Section 5.2 hereof and in accordance with the procedures set forth herein (each reduction of the Series 1997-1 Invested Amount pursuant to this Section 4.3(b), a "Voluntary Decrease"); provided that the Series 1997 Vehicles released in connection with any such Voluntary Decrease pursuant to this Section 4.3(b) shall be selected such that no Series 1997-1 Enhancement Deficiency exists after giving effect to such Decrease. Each such Decrease shall be, in the aggregate for all Series 1997-1 Notes, in a minimum principal amount of $100,000.
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Voluntary Decreases. Payment Requirements Section 1.5 Deemed Collections
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Voluntary Decreases. Upon at least three (3) Business Days' prior irrevocable notice to the Note Purchaser in writing, RCFC may voluntarily reduce the Series 1998-1 Invested Amount of the Series 1998-1 Notes in accordance with the procedures set forth in Section 4A.3(b) of the Series 1998-1 Supplement.
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Voluntary Decreases. Upon at least three (3) Business Days' prior irrevocable notice to the Series 1997-1 Note Purchaser in writing, NFLP may voluntarily reduce the Series 1997-1 Invested Amount of the Series 1997-1 Notes in accordance with the procedures set forth in Section 4.3(b) of the Series 1997-1 Supplement.
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Related to Voluntary Decreases

  • Voluntary Deductions A. The Employer agrees to deduct from the wages of any employee who is a member of the Union a PEOPLE deduction as provided for in a written authorization. Such authorization must be executed by the employee and may be revoked by the employee at any time by giving written notice to both the Employer and the Union. The Employer agrees to remit any deductions made pursuant to this provision to the Union together with an electronic report showing: 1. Employee name;

  • Voluntary Contributions Subrecipient must assure that voluntary contributions shall be allowed and may be solicited in accordance with the following requirements [OAA § 315(b)]: 1. The Subrecipient or any subcontractors for any Title III or Title VII-A services shall not use means tests. 2. Any Title III or Title VII-A client that does not contribute toward the cost of the services received shall not be denied services. 3. Methods used to solicit voluntary contributions for Title III and Title VII-A services shall be non-coercive. 4. Each service provider will: a) Provide each recipient with an opportunity to voluntarily contribute to the cost of the service. b) Clearly inform each recipient that there is no obligation to contribute and that the contribution is purely voluntary. c) Protect the privacy and confidentiality of each recipient with respect to the recipient’s contribution or lack of contribution; and d) Establish appropriate procedures to safeguard and account for all contributions. e) Use all collected contributions to expand the services for which the contributions were given and to supplement (not supplant) funds received under this program.

  • Voluntary Adjustments To the extent permitted by applicable law and applicable requirements of the Exchange, the Company is permitted to increase the Conversion Rate of the Notes by any amount for a period of at least 20 Business Days if such increase is irrevocable for such period and the Board of Directors determines that such increase would be in the Company’s best interest; provided that the Company must give at least 15 days’ prior notice of any such increase in the Conversion Rate. To the extent permitted by applicable law and applicable requirements of the Exchange, the Company may also (but is not required to) increase the Conversion Rate to avoid or diminish income tax to holders of Common Stock or rights to purchase shares of Common Stock in connection with a dividend or distribution of shares (or rights to acquire shares) or similar event.

  • Voluntary Demotion An employee requesting a voluntary demotion from a higher-rated position and who is subsequently demoted to the lower-rated position, shall be paid on the increment step appropriate to the employee’s continuous service with the Employer. A voluntary demotion shall not change an employee’s anniversary date.

  • Voluntary Reductions The Borrower shall have the right to terminate or permanently reduce the unused portion of the Revolving Committed Amount at any time or from time to time upon not less than five (5) Business Days’ prior written notice to the Administrative Agent (which shall notify the Lenders thereof as soon as practicable) of each such termination or reduction, which notice shall specify the effective date thereof and the amount of any such reduction which shall be in a minimum amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof and shall be irrevocable and effective upon receipt by the Administrative Agent; provided that no such reduction or termination shall be permitted if after giving effect thereto, and to any prepayments of the Revolving Loans made on the effective date thereof, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations would exceed the Revolving Committed Amount then in effect.