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 calculated pursuant to the percentages of the aggregate Revolving Loan Commitments as in effect on October 1, 2001, as set forth below: Date Scheduled Reduction of Revolving ---- Loan Commitments -------------------------------- March 31, 2004 3.00% June 30, 2004 3.00% September 30, 2004 3.00% December 31, 2004 3.00%

Appears in 2 contracts

Sources: Credit Agreement (Northland Cable Properties Six LTD Partnership), Credit Agreement (Northland Cable Properties Six LTD Partnership)