Common use of Reduction and Termination of Commitments Clause in Contracts

Reduction and Termination of Commitments. Paragraph (a) of Section 2.4 of the Credit Agreement is hereby amended by inserting the following new sentence in paragraph (a) of Section 2.4 immediately after the existing first sentence thereof: The Revolving Commitment of each Revolving Lender in effect from time to time shall be in the maximum amount shown opposite the name of such Lender in Schedule 2.1 (as amended by the 2007 Amendment).

Appears in 1 contract

Sources: Amendment Agreement (Nextera Enterprises Inc)

Reduction and Termination of Commitments. Paragraph (a) of Section 2.4 of the Credit Agreement is hereby amended by inserting amending and restating in its entirety as follows the following new second sentence in of paragraph (a) of Section 2.4 immediately after the existing first sentence thereof2.4: The Revolving Commitment of each Revolving Lender in effect from time to time shall be in the maximum amount shown opposite the name of such Revolving Lender in Schedule 2.1 (as amended by the November 2007 Amendment).

Appears in 1 contract

Sources: Amendment Agreement (Nextera Enterprises Inc)