Compaq Computer Corporation Notice of Ratable Commitment Reduction under Revolving Credit Agreement with Bank of America
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Compaq Computer Corporation notifies Bank of America that, effective February 5, 2002, the total commitment under their existing Revolving Credit Agreement dated September 22, 1997, will be reduced from $2.0 billion to $1.75 billion. The reduction is to be applied proportionally to all commitments under the facility, and the bank group is to be informed of this change. This notice is issued in accordance with the agreement's terms.
EX-10.2 4 h96143ex10-2.txt LETTER RE NOTICE OF COMMITMENT REDUCTION EXHIBIT 10.2 [COMPAQ COMPUTER CORPORATION LETTERHEAD] DATE: 1/31/02 TO: Matthew Gabel Bank of America FROM: Ben K. Wells Compaq Computer Corporation REF: RATABLE REDUCTION OF COMMITMENT IN MULTIYEAR FACILITY ================================================================================ This notice is delivered pursuant to the terms of section 2.07 of the existing Revolving Credit Agreement date September 22, 1997. Effective Tuesday, February 5, 2002, the existing facility will be reduced from the current $2.0 billion to an aggregate $1.75 billion. Apply the required ratable reduction to all commitments under this facility, and notify the bank group of this change in commitment status. Regards, /s/ BEN K. WELLS - ----------------------------------- Ben K. Wells Vice President, Corporate Treasurer
