Common use of Scheduled Reductions Clause in Contracts

Scheduled Reductions. (a) The Total Revolving Commitments shall -------------------- reduce on each of the dates set forth by the amount set forth below opposite such date (each Lender's Revolving Commitment shall be reduced ratably in connection with any such reduction in the Total Revolving Commitments in accordance with Section 2.14(a)): DATE REDUCTION AMOUNT September 30, 2001 $ 2,500,000 December 31, 2001 2,500,000 March 31, 2002 2,500,000 June 30, 2002 2,500,000 September 30, 2002 2,500,000 December 31, 2002 2,500,000 March 31, 2003 2,500,000 June 30, 2003 2,500,000 September 30, 2003 2,500,000 December 31, 2003 2,500,000 March 31, 2004 2,500,000 Revolving Termination Date 47,500,000 (b) Notwithstanding the foregoing, in the event the Stone Acquisition is not consummated on or prior to the day which is 90 days following the Closing Date, the Total Revolving Commitments shall reduce automatically on the next succeeding Business Day to the lower of (i) $40,000,000 and (ii) the sum of (x) the aggregate principal amount of Revolving Loans then outstanding and (y) $7,500,000 and, thereafter, the Total Revolving Commitments shall be reduced on each of the dates set forth below by the amount set forth opposite such date below. In the event that clause (ii) above is applicable, the amounts set forth below shall be ratably reduced. Each Lender's Revolving Commitment shall be reduced ratably in connection with each reduction of the Total Revolving Commitments pursuant to this proviso in accordance with Section 2.14(a). Date Reduction Amount September 30, 1999 $1,500,000 December 31, 1999 $1,500,000 March 31, 2000 $1,500,000 June 30, 2000 $1,500,000 September 30, 2000 $1,750,000 December 31, 2000 $1,750,000 March 31, 2001 $1,750,000 June 30, 2001 $1,750,000 September 30, 2001 $2,000,000 December 31, 2001 $2,000,000 March 31, 2002 $2,000,000 June 30, 2002 $2,000,000 September 30, 2002 $2,000,000 December 31, 2002 $2,000,000 March 31, 2003 $2,000,000 June 30, 2003 $2,000,000 September 30, 2003 $2,750,000 December 31, 2003 $2,750,000 March 31, 2004 $2,750,000 Revolving Termination Date $2,750,000 (c) Notwithstanding the foregoing, in the event that the Stone Acquisition is consummated but the Senior Subordinated Note Date does not occur prior to the first anniversary of the Closing Date, the Total Revolving Commitments shall be reduced on each of the dates set forth below by the amount set forth below opposite such date (each Lender's Revolving Commitment shall be reduced ratably in connection with any such reduction in the Total Revolving Commitments in accordance with Section 2.14(a)): Date Reduction Amount September 30, 1999 $2,500,000 December 31, 1999 2,500,000 March 31, 2000 2,500,000 June 30, 2000 2,500,000 September 30, 2000 2,500,000 December 31, 2000 2,500,000 March 31, 2001 2,500,000 June 30, 2001 2,500,000 September 30, 2001 2,500,000 December 31, 2001 2,500,000 March 31, 2002 2,500,000 June 30, 2002 2,500,000 September 30, 2002 2,500,000 December 31, 2002 2,500,000 March 31, 2003 2,500,000 June 30, 2003 2,500,000 September 30, 2003 2,500,000 December 31, 2003 2,500,000 March 31, 2004 2,500,000 Revolving Termination Date 27,500,000

Scheduled Reductions. (a) The Total aggregate amount of the Revolving Commitments shall -------------------- reduce be automatically reduced on each of the dates Revolving Commitment Reduction Date set forth by in column (A) below to the amount (subject to reduction pursuant to paragraph (d) of this Section) set forth in column (B) below opposite such date (each Lender's Revolving Commitment shall be reduced ratably in connection with any such reduction in Reduction Date: (A) (B) Revolving Commitment Revolving Commitment Reduction Date Falling Reduced to the Total Revolving Commitments in accordance with Section 2.14(a)Following on or Nearest to: Amount ($): DATE REDUCTION AMOUNT ---------------- ---------- March 31, 2001 962,500,000 June 30, 2001 925,000,000 September 30, 2001 $ 2,500,000 887,500,000 December 31, 2001 2,500,000 850,000,000 March 31, 2002 2,500,000 812,500,000 June 30, 2002 2,500,000 775,000,000 September 30, 2002 2,500,000 737,500,000 December 31, 2002 2,500,000 700,000,000 March 31, 2003 2,500,000 662,500,000 June 30, 2003 2,500,000 625,000,000 September 30, 2003 2,500,000 587,500,000 December 31, 2003 2,500,000 550,000,000 March 31, 2004 2,500,000 Revolving Termination Date 47,500,000 (b) Notwithstanding the foregoing512,500,000 June 30, in the event the Stone Acquisition is not consummated on or prior to the day which is 90 days following the Closing Date, the Total Revolving Commitments shall reduce automatically on the next succeeding Business Day to the lower of (i) $40,000,000 and (ii) the sum of (x) the aggregate principal amount of Revolving Loans then outstanding and (y) $7,500,000 and, thereafter, the Total Revolving Commitments shall be reduced on each of the dates set forth below by the amount set forth opposite such date below. In the event that clause (ii) above is applicable, the amounts set forth below shall be ratably reduced. Each Lender's Revolving Commitment shall be reduced ratably in connection with each reduction of the Total Revolving Commitments pursuant to this proviso in accordance with Section 2.14(a). Date Reduction Amount 2004 475,000,000 September 30, 1999 $1,500,000 2004 437,500,000 December 31, 1999 $1,500,000 2004 400,000,000 March 31, 2000 $1,500,000 2005 300,000,000 June 30, 2000 $1,500,000 2005 200,000,000 September 3015, 2000 $1,750,000 December 31, 2000 $1,750,000 March 31, 2001 $1,750,000 June 30, 2001 $1,750,000 September 30, 2001 $2,000,000 December 31, 2001 $2,000,000 March 31, 2002 $2,000,000 June 30, 2002 $2,000,000 September 30, 2002 $2,000,000 December 31, 2002 $2,000,000 March 31, 2003 $2,000,000 June 30, 2003 $2,000,000 September 30, 2003 $2,750,000 December 31, 2003 $2,750,000 March 31, 2004 $2,750,000 2005 0 If following any Revolving Termination Commitment Reduction Date $2,750,000 (c) Notwithstanding the foregoing, in total Revolving Exposures shall exceed the event that the Stone Acquisition is consummated but the Senior Subordinated Note Date does not occur prior to the first anniversary of the Closing DateRevolving Commitments, the Total Borrower shall, first, pay Revolving Commitments shall be reduced on each of the dates set forth below by the Loans and, second, provide cover for LC Exposure as specified in Section 2.04(k) in an aggregate amount set forth below opposite equal to such date (each Lender's Revolving Commitment shall be reduced ratably in connection with any such reduction in the Total Revolving Commitments in accordance with Section 2.14(a)): Date Reduction Amount September 30, 1999 $2,500,000 December 31, 1999 2,500,000 March 31, 2000 2,500,000 June 30, 2000 2,500,000 September 30, 2000 2,500,000 December 31, 2000 2,500,000 March 31, 2001 2,500,000 June 30, 2001 2,500,000 September 30, 2001 2,500,000 December 31, 2001 2,500,000 March 31, 2002 2,500,000 June 30, 2002 2,500,000 September 30, 2002 2,500,000 December 31, 2002 2,500,000 March 31, 2003 2,500,000 June 30, 2003 2,500,000 September 30, 2003 2,500,000 December 31, 2003 2,500,000 March 31, 2004 2,500,000 Revolving Termination Date 27,500,000excess.

Scheduled Reductions. (ai) The SCHEDULED REDUCTIONS TO TOTAL TERM COMMITMENT. Subject to the adjustments described in Section 2.04(d)(i) hereof, the Total Revolving Commitments Term Commitment shall -------------------- reduce be automatically reduced on each of Quarterly Date falling on or nearest to the dates set forth date specified in column (x) below (each such Quarterly Date, a "Scheduled Term Reduction Date") by the Dollar amount set forth specified in column (y) below opposite such date (each Lender's Revolving Commitment shall be reduced ratably in connection with any such reduction in the Total Revolving Commitments in accordance with Section 2.14(a)): DATE REDUCTION AMOUNT "Term Reduction Amount"): (x) (y) Quarterly Date Term Falling on or Nearest to Reduction Amount ------------------------ ---------------- June 30, 1997 $7,500,000 September 30, 2001 $ 2,500,000 1997 $7,500,000 December 31, 2001 2,500,000 1997 $7,500,000 March 31, 2002 2,500,000 1998 $9,375,000 June 30, 2002 2,500,000 1998 $9,375,000 September 30, 2002 2,500,000 1998 $9,375,000 December 31, 2002 2,500,000 1998 $9,375,000 March 31, 2003 2,500,000 1999 $12,500,000 June 30, 2003 2,500,000 September 30, 2003 2,500,000 December 31, 2003 2,500,000 March 31, 2004 2,500,000 Revolving Termination Date 47,500,000 (b) Notwithstanding the foregoing, in the event the Stone Acquisition is not consummated on or prior to the day which is 90 days following the Closing Date, the Total Revolving Commitments shall reduce automatically on the next succeeding Business Day to the lower of (i) 1999 $40,000,000 and (ii) the sum of (x) the aggregate principal amount of Revolving Loans then outstanding and (y) $7,500,000 and, thereafter, the Total Revolving Commitments shall be reduced on each of the dates set forth below by the amount set forth opposite such date below. In the event that clause (ii) above is applicable, the amounts set forth below shall be ratably reduced. Each Lender's Revolving Commitment shall be reduced ratably in connection with each reduction of the Total Revolving Commitments pursuant to this proviso in accordance with Section 2.14(a). Date Reduction Amount 12,500,000 September 30, 1999 $1,500,000 12,500,000 December 31, 1999 $1,500,000 12,500,000 March 31, 2000 $1,500,000 12,500,000 June 30, 2000 $1,500,000 12,500,000 September 30, 2000 $1,750,000 12,500,000 December 31, 2000 $1,750,000 12,500,000 March 31, 2001 $1,750,000 12,500,000 June 30, 2001 $1,750,000 12,500,000 September 30, 2001 $2,000,000 12,500,000 December 31, 2001 $2,000,000 12,500,000 March 31, 2002 $2,000,000 6,250,000 June 30, 2002 $2,000,000 6,250,000 September 30, 2002 $2,000,000 6,250,000 December 31, 2002 $2,000,000 6,250,000 March 31, 2003 $2,000,000 7,500,000 June 30, 2003 $2,000,000 September 30, 2003 $2,750,000 December 31, 2003 $2,750,000 March 31, 2004 $2,750,000 Revolving Termination Date $2,750,000 (c) Notwithstanding the foregoing, in the event that the Stone Acquisition is consummated but the Senior Subordinated Note Date does not occur prior to the first anniversary of the Closing Date, the 7,500,000 The Total Revolving Commitments shall be reduced on each of the dates set forth below by the amount set forth below opposite such date (each Lender's Revolving Term Commitment shall be reduced ratably in connection with any such reduction in to zero on the Total Revolving Commitments in accordance with Section 2.14(a)): Date Reduction Amount September 30, 1999 $2,500,000 December 31, 1999 2,500,000 March 31, 2000 2,500,000 June 30, 2000 2,500,000 September 30, 2000 2,500,000 December 31, 2000 2,500,000 March 31, 2001 2,500,000 June 30, 2001 2,500,000 September 30, 2001 2,500,000 December 31, 2001 2,500,000 March 31, 2002 2,500,000 June 30, 2002 2,500,000 September 30, 2002 2,500,000 December 31, 2002 2,500,000 March 31, 2003 2,500,000 June 30, 2003 2,500,000 September 30, 2003 2,500,000 December 31, 2003 2,500,000 March 31, 2004 2,500,000 Revolving Commitment Termination Date 27,500,000Date