Mandatory Commitment Reductions. (a) The Aggregate Commitment shall be automatically and permanently reduced to the following amounts on the following dates: DATE AVAILABILITY REDUCTION AGGREGATE COMMITMENT -------------- ---------------------- -------------------- March 24, 2003 $10,000,000 $20,157,772 March 24, 2004 $10,000,000 $10,157,772 March 24, 2005 $10,157,772 $0"
Appears in 1 contract
Samples: Credit Agreement (American Medical Security Group Inc)
Mandatory Commitment Reductions. (a) The Aggregate Commitment shall be automatically and permanently reduced to by 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 AGGREGATE COMMITMENT -------------- ---------------------- -------------------- March 24AMOUNT ---- ---------------- June 30, 2003 1999 $ 1,000,000 June 30, 2000 $ 2,000,000 June 30, 2001 $ 2,000,000 July 30, 2002 $10,000,000 $20,157,772 March 24, 2004 $10,000,000 $10,157,772 March 24, 2005 $10,157,772 $0"10,000,000
Appears in 1 contract
Samples: Credit Agreement (Fund American Enterprises Holdings Inc)
Mandatory Commitment Reductions. (a) The Aggregate Commitment shall be automatically and permanently reduced to by 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 AGGREGATE COMMITMENT -------------- ---------------------- -------------------- March 24Date Reduction Amount ---- ---------------- June 30, 2003 1999 $10,000,000 3,000,000 June 30, 2000 $20,157,772 March 243,000,000 June 30, 2004 2001 $10,000,000 4,000,000 July 30, 2002 $10,157,772 March 24, 2005 $10,157,772 $0"40,000,000
Appears in 1 contract
Samples: Credit Agreement (Fund American Enterprises Holdings Inc)
Mandatory Commitment Reductions. (a) The Aggregate Commitment shall be automatically and permanently reduced to by 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 AGGREGATE COMMITMENT -------------- ---------------------- Date Reduction Amount ------ -------------------- March 24June 30, 2003 1999 $ 1,000,000 June 30, 2000 $ 2,000,000 June 30, 2001 $ 2,000,000 July 30, 2002 $10,000,000 $20,157,772 March 24, 2004 $10,000,000 $10,157,772 March 24, 2005 $10,157,772 $0"10,000,000
Appears in 1 contract
Samples: Credit Agreement (Fund American Enterprises Holdings Inc)
