Reduction of Commitments. The Borrowers may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Lenders, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of
The Borrowers may from time to time reduce the Commitments; provided that # each reduction of the Commitments shall be in an amount that is an integral multiple of $5,000,000 and not less than $5,000,000, # the Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11, the Aggregate Revolving Exposure would exceed the lesser of # the aggregate Commitments of the Lenders and # the Borrowing Base, and # the Borrowers shall not reduce the Commitments if such reduction will make the Commitments less than $20,000,000.
The Borrowers may from time to time reduce the Commitments; provided that # each reduction of the Commitments shall be in an amount that is an integral multiple of the U.S. Dollar Amount of $5,000,000 and not less than the U.S. Dollar Amount of $5,000,000, # the Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11, the Aggregate Revolving Exposure would exceed the lesser of # the aggregate Commitments of the Lenders and # the Borrowing Base, and # the Borrowers shall not reduce the Commitments if such reduction will make the Commitments less than $20,000,000.
The Borrowers may from time to time reduce the Revolving Commitments; provided that # each reduction of the Revolving Commitments shall be in an amount that is an integral multiple of $5,000,000 and not less than $10,000,000 and # the Borrowers shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11, the Aggregate Revolving Exposure would exceed the lesser of the Aggregate Revolving Commitment and the Borrowing Base.
The Borrowers may from time to time reduce the Commitments; provided that # each reduction of the Commitments shall be in an amount that is an integral multiple of $100,000 and not less than $5,000,000 and # the Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with [Section 2.10], the Aggregate Revolving Exposure would exceed the aggregate Commitments.
The Borrowers may from time to time reduce the Commitments; provided that # each reduction of the Commitments shall be in an amount that is an integral multiple of the Dollar Amount of $100,000 and not less than the Dollar Amount of $5,000,000 and # the Borrowers shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with [Section 2.10], the Aggregate Revolving Exposure would exceed the aggregate Commitments.
The Borrower may from time to time reduce the Revolving Commitments; provided that # each reduction of the Revolving Commitments shall be in an amount that is an integral multiple of $5,000,000 and not less than $10,000,000 and # the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with [Section 2.11], the Aggregate Revolving Credit Exposure would exceed the aggregate Revolving Commitments.
. The Borrowers may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Lenders, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $1,000,000 in excess of that amount with respect thereto (unless the Aggregate Revolving Loan Commitment is reduced in whole), upon at least three (3) Business Days’ prior written notice to the Administrative Agent (or at least four (4) Business Days if a concurrent prepayment in an Agreed Currency other than Dollars is requested), which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Loan Commitment may not be reduced below the aggregate principal Dollar Amount of the outstanding Revolving Credit Obligations. All accrued unused fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.
The Borrower may from time to time reduce the Revolving Commitments; provided that # each reduction of the Revolving Commitments shall be in an amount that is an integral multiple of $2,500,000 and not less than $5,000,000 and # the Borrower shall not terminate or reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with [Section 2.11], the Aggregate Revolving Exposure would exceed the aggregate Revolving Commitments.
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