Dan,
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From the first level's operator's console, you'd be closing the operator's virtual printer.? To close the VM hosting the second level machine from the operator's console, you'd have to "send" the command to it:
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CP SEND LEVEL2VM #CP CLOSE PRT
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I still have a some VM/SP Rel 5 manuals, so I checked, and there doesn't appear to be a Class D version of the CLOSE command, where you could specify userid and device.
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Gosh, am I rusty.....
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Jim