Voluntary Reduction of Commitments. (on behalf of itself and the Subsidiary Borrower) may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole), upon at least three (3) Business Days prior written notice to the Administrative Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the total Revolving Loan Commitments of any Class may not be reduced below the Dollar Amount of the Revolving Credit Obligations of such Class. All accrued commitment fees in respect of such Class shall be payable on the effective date of any termination of the obligations of any Revolving Loan Lenders of such Class to make Revolving Loans of such Class hereunder.
Voluntary Reduction of Commitments. Aggregate Revolving Loan Commitment. The Company (on behalf of itself and the Subsidiary Borrower) may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole), upon at least three (3) Business DaysDays’ prior written notice to the Administrative Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the total Revolving Loan Commitments of any Class may not be reduced below the Dollar Amount of the Revolving Credit Obligations of such Class. All accrued commitment fees in respect of such Class shall be payable on the effective date of any termination of the obligations of any Revolving Loan Lenders of such Class to make Revolving Loans of such Class hereunder.
Voluntary Reduction of Commitments. (on behalf of itself andTermination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the Subsidiary Borrower) may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in partCommitments ratably among (and within) each Class; provided that # each reduction of the Revolving Loan Lenders of such Class,Commitments shall be in an aggregate minimumamount that is $5,000,000 (or, if less, the entire remaining amount of $5,000,000 with respect thereto and integral multiplesthe Commitments of $2,500,any Class) or a larger multiple of $1,000,000 in excess of that amount with respect thereto (unlessthereof (or the Revolving Loan Commitments of a Class are reduced in whole), upon at least three (3) Business Days prior written notice to the Administrative Agent, which notice shall specify the amount of any such reduction; provided, however, that theentire amount of the totalCommitments of such Class) and # the Borrower shall not terminate or reduce the Revolving Loan Commitments if, immediately after giving effect to any concurrent prepayment of the Loans of any Class may not be reduced belowin accordance with [Section 2.10], the Dollar Amount of thetotal Revolving Credit ObligationsExposures of such Class would exceed the total Commitments of such Class. All accrued commitment feesAny such reduction of the Commitments below the aggregate principal amount of the Swingline Loans permitted under [Section 2.04(a)(i)] and the aggregate amount of Letters of Credit permitted under [Section 2.05(c)(i)] shall result in respecta dollar-for-dollar reduction of such Class shall be payable on the effective date of any termination of the obligations of any Revolving Loan Lenders of such Class to make Revolving Loans of such Class hereunder. amounts as applicable.
Voluntary Reduction of Commitments. (on behalf of itselfReduction. The Borrower shall have the right at any time and the Subsidiary Borrower) may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole),from time to time, upon at least three (3)# Business DaysDays prior irrevocable written notice to the Administrative Agent, which notice shall specifyto permanently reduce, without premium or penalty, # the amount ofentire Revolving Credit Commitment at any such reduction; provided, however, that the amount of the total Revolving Loan Commitments of any Class may not be reduced below the Dollar Amounttime or # portions of the Revolving Credit ObligationsCommitment, from time to time, in an aggregate principal amount not less than $3,000,000 or any whole multiple of such Class. All accrued commitment fees$1,000,000 in respectexcess thereof. Any reduction of such Classthe Revolving Credit Commitment shall be payable onapplied to the Revolving Credit Commitment of each Revolving Credit Lender according to its Revolving Credit Commitment Percentage. All Commitment Fees accrued until the effective date of any termination of the obligationsRevolving Credit Commitment shall be paid on the effective date of such termination. Notwithstanding the foregoing, any notice to reduce the Revolving Credit Commitment delivered in connection with any refinancing of all of the Credit Facility with the proceeds of such refinancing or of any Revolving Loan Lendersincurrence of Indebtedness or the occurrence of some other identifiable event or condition, may be, if expressly so stated to be, contingent upon the consummation of such Class to make Revolving Loansrefinancing or incurrence or occurrence of such Class hereunder. identifiable event or condition and may be revoked by the Borrower in the event such contingency is not met (provided that the failure of such contingency shall not relieve the Borrower from its obligations in respect thereof under [Section 5.9]).
Section # . Voluntary Termination or Reduction of Commitments. (on behalf of itself andThe Company may, upon not less than five Business Days’ prior notice to the Subsidiary Borrower) mayAdministrative Agent, terminate the Aggregate Revolving Commitment or permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, inby an aggregate minimum amount of $5,$25,000,000 with respect thereto and integral multiplesor any multiple of $2,500,$5,000,000 in excess thereof; provided that # no such reduction or termination shall be permitted if, after giving effect thereto and to any prepayments of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole), upon at least three (3) Business Days prior written notice toLoans made on the Administrative Agent, which notice shall specifyeffective date thereof, the amount of any such reduction; provided, however, thatthen Total Outstanding Amount would exceed the amount of the totalAggregate Revolving Loan CommitmentsCommitment then in effect and # if, after giving effect to any reduction of the Aggregate Revolving Commitment, the Alternative Currency Sublimit exceeds the amount of the Aggregate Revolving Commitment, such Alternative Currency Sublimit shall be automatically reduced by the amount of such excess. Any reduction of the Aggregate Revolving Commitment shall be applied to each Bank’s Revolving Commitment in accordance with such Bank’s Commitment Percentage. All accrued facility fees to, but not including the effective date of any Class may not be reduced below the Dollar Amountreduction or termination of the Revolving Credit Obligations of such Class. All accrued commitment fees in respect of such ClassCommitments, shall be payablepaid on the effective date of any termination of the obligations of any Revolving Loan Lenders of such Class to make Revolving Loans of such Class hereunder. reduction or termination.
Voluntary Reduction of Commitments. (on behalf of itselfReduction. The Borrower shall have the right at any time and the Subsidiary Borrower) may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole),from time to time, upon at least three (3)five (5) Business DaysDays prior irrevocable written notice from the Borrower to the Administrative Agent, which notice shall specifyto permanently reduce, without premium or penalty, # the amount ofentire Revolving Credit Commitment at any such reduction; provided, however, that the amount of the total Revolving Loan Commitments of any Class may not be reduced below the Dollar Amounttime or # portions of the Revolving Credit ObligationsCommitment, from time to time, in an aggregate principal amount not less than $3,000,000 or any whole multiple of such Class. All accrued commitment fees$1,000,000 in respectexcess thereof. Any reduction of such Classthe Revolving Credit Commitment shall be payable onapplied to the Revolving Credit Commitment of each Revolving Credit Lender according to its Revolving Credit Commitment Percentage. All Commitment Fees accrued until the effective date of any termination of the obligationsRevolving Credit Commitment shall be paid on the effective date of such termination. Notwithstanding the foregoing, any notice to reduce the Revolving Credit Commitment delivered in connection with any refinancing of all of the Credit Facility with the proceeds of such refinancing or of any Revolving Loan Lendersincurrence of Indebtedness or the occurrence of some other identifiable event or condition, may be, if expressly so stated to be, contingent upon the consummation of such Class to make Revolving Loansrefinancing or incurrence or occurrence of such Class hereunder. identifiable event or condition and may be revoked by the Borrower in the event such contingency is not met (provided that the failure of such contingency shall not relieve the Borrower from its obligations in respect thereof under [Section 5.9]).
Voluntary ReductionTermination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments of Commitments. (on behalfany Class; provided that # each reduction of itself and the Subsidiary Borrower) may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reducedshall be in whole), upon at least three (3) Business Days prior written notice toan amount that is $5,000,000 (or, if less, the Administrative Agent, which notice shall specify the amount of any such reduction; provided, however, that theentire remaining amount of the total Revolving Loan Commitments of any Class) or a larger multiple of $5,000,000 in excess thereof and # the Borrower shall not terminate or reduce the Commitments of either Class may not be reduced below the Dollar Amountif, after giving effect to any concurrent prepayment of the Revolving Credit Obligations of such Class. All accrued commitment fees in respect of such Class shall be payable on the effective date of any termination of the obligations of any Revolving Loan Lenders of such Class to make RevolvingSyndicated Loans of such Class hereunder. in accordance with Section 2.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Voluntary Reduction of Commitments. (on behalf of itself and the Subsidiary Borrower)Each Borrower may permanently reduceat any time terminate, or from time to time reduce, the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole), upon at least three (3) Business Days prior written notice to the Administrative Agent, which notice shall specify the amount of any such reduction; provided, however,Class; provided that the amount# each reduction of the total Revolving Loan Commitments of any Class mayshall be in an amount that is an integral multiple of $500,000 and not be reduced belowless than $1,000,000 and # each Borrower shall not terminate or reduce the Dollar AmountRevolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Credit Obligations of such Class. All accrued commitment feesLoans or Swingline Loans in respect of such Class shall be payable onaccordance with [Section 2.11], the effective date of any termination ofaggregate Revolving Exposures would exceed the obligations of anyaggregate Revolving Loan Lenders of such Class to make Revolving Loans of such Class hereunder. Commitments.
Voluntary Reduction or Termination of Aggregate Revolving Commitments. (on behalf of itself and the Subsidiary Borrower)The Company may permanently reduce the Aggregate Revolving Loan Commitment in whole,whole (thereby terminating all Revolving Commitments of the Lenders), or from time to time in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole),$10,000,000, upon at least three (3) Business Days prior written notice to the Administrative Agent, which notice shall specify the amount of any such reduction; provided, however,reduction and may be conditioned upon the consummation of replacement financing; provided that the amount of the totalAggregate Revolving Loan Commitments of any ClassCommitment may not be reduced below the Dollar Amount of theAggregate Outstanding Revolving Credit Obligations of such Class. All accrued commitment fees in respect of such Class shall be payable on the effective date of any termination of the obligations of any Revolving Loan Lenders of such Class to make Revolving Loans of such Class hereunder. Exposure.
Voluntary Reduction of Commitments. (on behalf of itself and the Subsidiary Borrower) may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Revolving Loan Lenders of such Class, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of $2,500,000 in excess of that amount with respect thereto (unless the Revolving Loan Commitments of a Class are reduced in whole), uponUpon at least three (3) Business DaysDays’ prior written notice (or telephonic notice promptly confirmed in writing) to the Administrative Agent, whichAgent (which notice shall specifybe irrevocable), the Borrower may reduce the Aggregate Revolving Commitments in part or terminate the Aggregate Revolving Commitments in whole; provided that # any partial reduction shall apply to reduce proportionately and permanently the Revolving Commitment of each Lender, # any partial reduction pursuant to this Section shall be in an amount of at least $5,000,000 and any larger multiple of $1,000,000, and # no such reduction; provided, however, thatreduction shall be permitted which would reduce the Aggregate Revolving Commitment Amount to an amount less than the aggregate outstanding Revolving Credit Exposure of all Lenders. Any such reduction in the Aggregate Revolving Commitment Amount below the principal amount of the total Revolving Loan Commitments of any Class may not be reduced belowSwingline Commitment and the Dollar Amount ofLC Commitment shall result in a dollar-for-dollar reduction in the Revolving Credit Obligations of such Class. All accrued commitment fees in respect of such Class shall be payable onSwingline Commitment and the effective date of any termination of the obligations of any Revolving Loan Lenders of such Class to make Revolving Loans of such Class hereunder. LC Commitment.
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