Common use of Mandatory Commitment Reductions Clause in Contracts

Mandatory Commitment Reductions. (a) The Aggregate Commitment ------------------------------- shall be automatically and permanently reduced by the following amounts (or such lesser amount as a result of reductions pursuant to Section 2.7(c)) on the -------------- following dates: Date Reduction Amount ---- ---------------- December 31, 1998 $3,000,000 December 31, 1999 $3,000,000 December 31, 2000 $4,000,000 November 26, 2001 $40,000,000

Mandatory Commitment Reductions. (a) The Aggregate Commitment ------------------------------- shall be automatically and permanently reduced by to the following amounts (or such lesser amount as a result of reductions pursuant to Section 2.7(c)) on the -------------- following dates: Date Availability Reduction Amount ---- ---------------- December 31Aggregate Commitment ---------------------- ---------------------- -------------------- March 24, 1998 2003 $3,000,000 December 3110,000,000 $20,157,772 March 24, 1999 2004 $3,000,000 December 3110,000,000 $10,157,772 March 24, 2000 2005 $4,000,000 November 26, 2001 10,157,772 $40,000,0000"

Mandatory Commitment Reductions. (a) The Aggregate Commitment ------------------------------- shall be automatically and permanently reduced by the following amounts (or such lesser amount as a result of reductions pursuant to Section 2.7(c)) on the -------------- following dates: Date Reduction Amount ---- ------------- ---------------- December 31, 1998 $3,000,000 December 31June 30, 1999 $3,000,000 December 31June 30, 2000 $4,000,000 November 263,000,000 June 30, 2001 $4,000,000 July 30, 2002 $40,000,000