Example ContractsClausesTermination or Reduction of Commitments
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. The aggregate Delayed Draw Term Loan Commitments shall be automatically and permanently reduced to zero on the earlier of # the date of the advance of Delayed Draw Term Loans pursuant to [Section 2.01] and # the last day of the Availability Period.

Termination or Reduction of Commitments. (a) Optional. The Borrower may, upon notice to the Administrative Agent, terminate the Revolving Credit Facility, the Letter of Credit Sublimit, the Swing Line Sublimit or the Multicurrency Sublimit, or from time to time permanently reduce the Revolving Credit Facility, the Letter of Credit Sublimit, the Swing Line Sublimit or the Multicurrency Sublimit; provided that # any such notice shall be received by the Administrative Agent not later than three Business Days prior to the date of termination or reduction, # any such partial reduction shall be in an aggregate amount of or any whole multiple of in excess thereof and # the Borrower shall not terminate or reduce # the Revolving Credit Facility if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Credit Outstandings would exceed the Revolving Credit Facility, # the Letter of Credit Sublimit if, after giving effect thereto, the Outstanding Amount of L/C Obligations not fully Cash Collateralized hereunder would exceed the Letter of Credit Sublimit, or # the Swing Line Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of Swing Line Loans would exceed the Letter of Credit Sublimit, or # the Multicurrency Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of Multicurrency Revolving Credit Loans would exceed the Multicurrency Sublimit.

shall have the right, upon not less than five Business Days’ notice to the Agent, to terminate the Commitments or, from time to time, to reduce ratably the amount of the Commitments, provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the then outstanding principal amount of the Loans, when added to the then outstanding L/C Obligations, would exceed the amount of the Commitments then in effect. Any such reduction shall be in an amount of or a whole multiple of in excess thereof, and shall reduce permanently the amount of the Commitments then in effect.

The Borrower may at any time terminate, or from time to time reduce, the Aggregate Commitments; provided that # each reduction of the Aggregate Commitments shall be in an amount that is an integral multiple of and # the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with [Section 2.09], the Total Credit Exposure would exceed the Aggregate Commitments.

Voluntary Termination or Reduction of Commitments. Borrower may, upon written notice to Administrative Agent, terminate the Revolving Credit Commitments or the Term Loan Commitments, or from time to time permanently reduce the Revolving Credit Commitments or Term Loan Commitments; provided that # any such notice shall be received by Administrative Agent not later than three (3)

Effect of Termination or Reduction. Any termination or reduction of the Commitments of any Class shall be permanent. Each reduction of Commitments of any Class shall be made ratably among the Lenders in accordance with their respective Pro Rata Share of Commitments of such Class.

SECTION # Termination and Reduction of Commitments; Increase in Revolving Commitments.

SECTION # Termination and Reduction of Commitments; Termination of Facility.

Section # Termination or Reduction of Aggregate Commitments; Reallocation of Commitments 7660

Section #8Voluntary Termination or Reduction of Commitments; Prepayments.

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