Scheduled Reductions. Commencing on December 31, 2001, the Commitment (as then in effect) shall be automatically and permanently reduced on the dates and by the percentages set forth below: Commitment Percentage Reduction Date Reduction -------------- ---------- December 31, 2001 5.000% March 31, 2002, June 30, 2002, September 30, 2002 and December 31, 2002 2.500% March 31, 2003, June 30, 2003, September 30, 2003, and December 31, 2003 3.750% March 31, 2004, June 30, 2004, September 30, 2004, and December 31, 2004 5.500% March 31, 2005, June 30, 2005, September 30, 2005, and December 31, 2005 7.000% March 31, 2006 20.000%
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Scheduled Reductions. Commencing The Commitment (based upon the Commitment as of June 29, 2000) shall be reduced automatically and permanently on a semi-annual Semi-Annual Percentage of Reduction of Dates of Commitment as of Commitment Reduction June 29, 2000 -------------------- ------------------------- June 30, 2000 and December 31, 20012000 1.50% June 30, the Commitment (as then in effect) shall be automatically 2001 and permanently reduced on the dates and by the percentages set forth below: Commitment Percentage Reduction Date Reduction -------------- ---------- December 31, 2001 5.0005.00% March 31, 2002, June 30, 2002, September 30, 2002 and December 31, 2002 2.5009.00% March 31, 2003, June 30, 2003, September 30, 2003, 2003 and December 31, 2003 3.75010.00% March 31, 2004, June 30, 2004, September 30, 2004, 2004 and December 31, 2004 5.50012.00% March 31, 2005, June 30, 2005, September 30, 2005, and December 31, 2005 7.000% March 31, 2006 20.00025.00%
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