Common use of Voluntary Reduction or Termination of the Revolving Commitment Clause in Contracts

Voluntary Reduction or Termination of the Revolving Commitment. Borrower may from time to time on at least five Business Days’ prior written notice (which notice may be revocable and conditional), received by Administrative Agent (which shall promptly advise each Lender thereof) permanently reduce the Revolving Commitments to an amount not less than the Revolving Outstandings (after giving effect to any concurrent repayments of Loans and terminations or cash collateralizations or other backstop of any Letter of Credit). Any such reduction shall be in an amount not less than $250,000 or a higher integral multiple of $50,000. Concurrently with any reduction of the Revolving Commitments to zero, Borrower shall pay all interest on the Revolving Loans, all non-use fees and all letter of credit fees and shall Cash Collateralize in full or otherwise backstop in a manner satisfactory to Administrative Agent all obligations arising with respect to the outstanding Letters of Credit, if any.

Voluntary Reduction or Termination of the Revolving Commitment. Borrower may from time to time on at least five (5) Business Days’ prior written notice (which notice may be revocable and conditional), received by Administrative Agent (which shall promptly advise each Lender thereof) permanently reduce the Revolving Commitments to an amount not less than the Revolving Outstandings (after giving effect to any concurrent repayments repayment of Loans and terminations or cash collateralizations or other backstop of any Letter of Creditthe Revolving Outstandings concurrently with such reduction). Any such reduction shall be in an amount not less than $250,000 500,000 or a higher integral multiple of $50,000100,000. Concurrently with any reduction of the Revolving Commitments to zero, Borrower shall pay all interest on the Revolving Loans, all non-use fees and all letter of credit fees and shall Cash Collateralize in full or otherwise backstop in a manner satisfactory to Administrative Agent all obligations arising with respect to the outstanding Letters of Credit, if any.

Voluntary Reduction or Termination of the Revolving Commitment. Borrower The Borrowers may from time to time on at least five (5) Business Days’ prior written notice (which notice may be revocable and conditional), received by the Administrative Agent (which shall promptly advise each Lender thereof) permanently reduce the aggregate Revolving Commitments of all Lenders to an amount not less than the Revolving Outstandings (after giving effect to any concurrent repayments of Loans and terminations or cash collateralizations or other backstop of any Letter of Credit)Outstandings. Any such reduction shall be in an amount not less than $250,000 or a higher integral multiple of $50,00025,000. Concurrently with any reduction of the aggregate Revolving Commitments of all Lenders to zero, Borrower the Borrowers shall pay all interest on the Revolving Loans, all non-use fees fees, and all letter of credit fees fees, and shall Cash Collateralize in full or otherwise backstop in a manner satisfactory to Administrative Agent all obligations arising with respect to the outstanding Letters of Credit, if any.