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

Voluntary Termination or Reduction of Commitment. APLP may, upon prior written notice to AGP, terminate the Commitment or permanently reduce the Commitment by an aggregate minimum amount of $1,000,000 or any multiple of $1,000,000 in excess thereof. At no time shall the amount of outstanding Loans exceed the amount of the Commitment.

Appears in 3 contracts

Sources: Financing Agreement (Amerigas Partners Lp), Financing Agreement (Amerigas Eagle Finance Corp), Financing Agreement (Amerigas Finance Corp)