Common use of Scheduled Reductions of Revolving Loan Commitments Clause in Contracts

Scheduled Reductions of Revolving Loan Commitments. The Revolving Loan Commitments shall be permanently reduced on the dates and in the amounts set forth below: Quarter Ending Scheduled Reduction of Revolving Loan Commitments June 30, 2013 $ 5,106,597.22 September 30, 2013 $ 5,106,597.22 December 31, 2013 $ 5,106,597.22 March 31, 2014 $ 5,106,597.22 June 30, 2014 $ 5,106,597.22 September 30, 2014 $ 5,106,597.22 December 31, 2014 $ 5,106,597.22 March 31, 2015 $ 5,106,597.22 June 30, 2015 $ 24,147,222.24 ; provided that the scheduled reductions of the Revolving Loan Commitments set forth above shall be reduced in connection with any voluntary or mandatory reductions of the Revolving Loan Commitments in accordance with subsection 2.4B(iv); and provided, further, that the Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans shall be paid in full no later than the Revolving Loan Commitment Termination Date, and the final installment payable by Borrower in respect of the Revolving Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Borrower under this Agreement with respect to the Revolving Loans.

Scheduled Reductions of Revolving Loan Commitments. The Revolving Loan Commitments shall be permanently reduced on the dates and in the amounts set forth below: Quarter Ending Scheduled Reduction of Revolving Loan Commitments June 30, 2013 $ 5,106,597.22 September 30, 2013 $ 5,106,597.22 December 31, 2013 $ 5,106,597.22 March 31, 2014 $ 5,106,597.22 June 30, 2014 $ 5,106,597.22 September 30, 2014 $ 5,106,597.22 December 31, 2014 $ 5,106,597.22 March 31, 2015 $ 5,106,597.22 June 30, 2015 $ 24,147,222.24 61,279,166.67 ; provided that the scheduled reductions of the Revolving Loan Commitments set forth above shall be reduced in connection with any voluntary or mandatory reductions of the Revolving Loan Commitments in accordance with subsection 2.4B(iv); and provided, further, that the Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans shall be paid in full no later than the Revolving Loan Commitment Termination Date, and the final installment payable by Borrower in respect of the Revolving Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Borrower under this Agreement with respect to the Revolving Loans.

Scheduled Reductions of Revolving Loan Commitments. The Revolving Loan Commitments shall be permanently reduced on the dates and in the amounts set forth below: Quarter Ending Scheduled Reduction of Revolving Loan Commitments June 30, 2011 $ 5,968,750 September 30, 2011 $ 5,968,750 December 31, 2011 $ 5,968,750 March 31, 2012 $ 5,968,750 June 30, 2012 $ 5,968,750 September 30, 2012 $ 5,968,750 December 31, 2012 $ 5,968,750 March 31, 2013 $ 5,106,597.22 September 5,968,750 June 30, 2013 $ 5,106,597.22 December 31, 2013 $ 5,106,597.22 March 31, 2014 $ 5,106,597.22 June 30, 2014 $ 5,106,597.22 September 30, 2014 $ 5,106,597.22 December 31, 2014 $ 5,106,597.22 March 31, 2015 $ 5,106,597.22 June 30, 2015 $ 24,147,222.24 71,625,000 ; provided that the scheduled reductions of the Revolving Loan Commitments set forth above shall be reduced in connection with any voluntary or mandatory reductions of the Revolving Loan Commitments in accordance with subsection 2.4B(iv); and provided, further, that the Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans shall be paid in full no later than the Revolving Loan Commitment Termination Date, and the final installment payable by Borrower in respect of the Revolving Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Borrower under this Agreement with respect to the Revolving Loans.”

Scheduled Reductions of Revolving Loan Commitments. The Revolving Loan Commitments shall be permanently reduced on the dates and in the amounts set forth below: Quarter Ending Scheduled Reduction of Revolving Loan Commitments June 30, 2013 2009 $ 5,106,597.22 3,750,000.00 September 30, 2013 2009 $ 5,106,597.22 3,750,000.00 December 31, 2013 2009 $ 5,106,597.22 3,750,000.00 March 31, 2014 2010 $ 5,106,597.22 3,750,000.00 June 30, 2014 2010 $ 5,106,597.22 3,750,000.00 September 30, 2014 2010 $ 5,106,597.22 3,750,000.00 December 31, 2014 2010 $ 5,106,597.22 3,750,000.00 March 31, 2015 2011 $ 5,106,597.22 3,750,000.00 June 30, 2015 2011 $ 24,147,222.24 45,000,000.00 ; provided that the scheduled reductions of the Revolving Loan Commitments set forth above shall be reduced in connection with any voluntary or mandatory reductions of the Revolving Loan Commitments in accordance with subsection 2.4B(iv); and provided, further, that the Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans shall be paid in full no later than the Revolving Loan Commitment Termination Date, and the final installment payable by Borrower in respect of the Revolving Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Borrower under this Agreement with respect to the Revolving Loans.

Scheduled Reductions of Revolving Loan Commitments. The Revolving Loan Commitments shall be permanently reduced on the dates and in the amounts set forth below: Quarter Ending Scheduled Reduction of Revolving Loan Commitments SCHEDULED REDUCTION OF REVOLVING DATE LOAN COMMITMENTS ---- ------------------- March 31, 2010 $583,333 June 30, 2013 $ 5,106,597.22 2010 $583,333 September 30, 2013 $ 5,106,597.22 2010 $583,333 December 31, 2013 $ 5,106,597.22 2010 $583,333 March 31, 2014 $ 5,106,597.22 2011 $583,333 June 30, 2014 $ 5,106,597.22 2011 $583,333 September 30, 2014 $ 5,106,597.22 2011 $583,333 December 31, 2014 $ 5,106,597.22 2011 $583,333 March 31, 2015 $ 5,106,597.22 2012 $777,778 June 30, 2015 $ 24,147,222.24 2012 $777,778 September 30, 2012 $777,778 ; provided that the scheduled reductions of the Revolving Loan Commitments set forth above shall be reduced in connection with any voluntary or mandatory reductions of the Revolving Loan Commitments in accordance with subsection 2.4B(iv); and provided, further, that the Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans shall be paid in full no later than the Revolving Loan Commitment Termination Final Maturity Date, and the final installment payable by Borrower in respect of the Revolving Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Borrower under this Agreement with respect to the Revolving Loans.