Applera Corporation Letter Requesting Reduction of Credit Agreement Commitments with Citibank, N.A.

Contract Categories: Business Finance › Credit Agreements
Summary

Applera Corporation, through its Treasurer, John S. Ostaszewski, formally requests Citibank, N.A., as Administrative Agent for the Lenders, to reduce the total commitments under their existing Credit Agreement from $100 million to $50 million, effective immediately. This letter, dated February 5, 2003, confirms that no Competitive Bid Advances are currently outstanding. The request is made pursuant to the terms of the original Credit Agreement dated April 20, 2000.

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EX-4.4 6 b327147_ex4-4.txt LETTER REGARDING CREDIT AGREEMENT EXHIBIT 4.4 John S. Ostaszewski Applera Corporation Treasurer 301 Merritt 7 Norwalk, CT 06851 February 5, 2003 Hugo Arias Vice President Citibank, N.A. 388 Greenwich St., 23rd Flr NY, NY 10013 Dear Hugo, Pursuant to Section 2.05 of the Credit Agreement dated as of April 20, 2000, and as Administrative Agent for the Lenders, we hereby request that the Commitments of the Lenders be ratably reduced by a total of $50,000,000 effective immediately. This request will reduce the total committed facilities from $100,000,000 to $50,000,000. Please note that there are currently no Competitive Bid Advances outstanding. If you have any questions or concerns regarding this letter of instruction, please do not hesitate to call either Eric Vatne, Director - Corporate Finance and Cash Management at ###-###-####, or me. Sincerely, /s/John S. Ostaszewski JSO/gmg ###-###-#### F ###-###-#### ***@***