Common use of Reduction of Aggregate Commitment Clause in Contracts

Reduction of Aggregate Commitment. Pursuant to Section 2.5.2 of the Credit Agreement, the Aggregate Commitment is hereby reduced from $550,000,000 to $200,000,000, allocated to each Lender’s Commitment ratably. The amounts of the reduced Commitments of the Lenders are set forth in Schedule I hereto. The text of Section 2.5.2 is numbered “(i)” and immediately thereafter, a new subsection (ii) is inserted to read as follows:

Appears in 2 contracts

Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc)

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Reduction of Aggregate Commitment. Pursuant to Section 2.5.2 subsection 2.6(a) of the Credit Agreement, the Aggregate Commitment is hereby reduced from $550,000,000 650,000,000 to $200,000,000500,000,000, allocated to each Lender’s Commitment ratablyratably in proportion to its Ratable Share. The amounts of the reduced Commitments of the Lenders are set forth in Schedule I hereto. The text of Section 2.5.2 is numbered “(i)” and immediately thereafter, a new subsection (ii) is inserted to read as follows:.

Appears in 1 contract

Samples: Credit Agreement (M I Homes Inc)

Reduction of Aggregate Commitment. Pursuant to Section 2.5.2 subsection 2.6(a) of the Credit Agreement, the Aggregate Commitment is hereby reduced from $550,000,000 500,000,000 to $200,000,000, 250,000,000 and allocated to each Lender’s Commitment ratablyratably in proportion to its Ratable Share. The amounts of the reduced Commitments of the Lenders are set forth in Schedule I 1 hereto. The text of Section 2.5.2 is numbered “(i)” and immediately thereafter, a new subsection (ii) is inserted to read as follows:.

Appears in 1 contract

Samples: Credit Agreement (M I Homes Inc)

Reduction of Aggregate Commitment. Pursuant to Section 2.5.2 of the Credit Agreement, the Aggregate Commitment is hereby reduced from $550,000,000 1,133,500,000 to $200,000,000750,000,000, allocated to each Lender’s Commitment ratably. The amounts of the reduced Commitments of the Lenders are set forth in Schedule I hereto. The text of Section 2.5.2 is numbered “(i)” and immediately thereafter, a new subsection (ii) is inserted to read as follows:.

Appears in 1 contract

Samples: Credit Agreement (Ryland Group Inc)

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Reduction of Aggregate Commitment. Pursuant to Section 2.5.2 of the Credit Agreement, the Aggregate Commitment is hereby reduced from $550,000,000 750,000,000 to $200,000,000550,000,000, allocated to each Lender’s Commitment ratably. The amounts of the reduced Commitments of the Lenders are set forth in Schedule I hereto. The text of Section 2.5.2 is numbered “(i)” and immediately thereafter, a new subsection (ii) is inserted to read as follows:.

Appears in 1 contract

Samples: Credit Agreement (Ryland Group Inc)

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