Notice of Commitment Reduction under Amended and Restated Credit Agreement for Compaq Computer Corporation
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Summary
Bank of America, acting as agent for participant banks, notifies all parties to the $3 billion Amended and Restated Credit Agreement with Compaq Computer Corporation that the aggregate lending commitment will be reduced by $750 million, resulting in a new total commitment of $2.25 billion. This reduction will take effect on August 27, 2001, three business days after the notice. The notice is issued in accordance with Section 2.07 of the credit agreement, and the new pro rata shares for each bank are provided.
EX-10.2 4 h91517ex10-2.txt LETTER REGARDING NOTICE TO CREDIT AGREEMENT EXHIBIT 10.2 [BANK OF AMERICA LOGO] Agency Administrative Services 5596 August 22, 2001 TO: ALL PARTICIPANT BANKS REF: COMPAQ COMPUTER CORPORATION $3,000,000,000.00 AMENDED AND RESTATED CREDIT AGREEMENT NOTICE OF COMMITMENT REDUCTION Pursuant to Section 2.07 of the above-referenced credit agreement, Bank of America, as Agent has received a request for a Ratable Reduction of Commitments in an aggregate amount of $750,000,000.00. The new Aggregate Commitment will be $2,250,000,000.00. The EFFECTIVE DATE of this Ratable Reduction will be MONDAY, AUGUST 27, 2001, which is 3 Business Days after receipt of the notice. *THE BANK PRO RATA SHARES ARE LISTED ON THE ATTACHED PAGE. Should you have any questions, please contact the undersigned. Best Regards, Bank of America N.A., as Agent Brian Graybill Credit Services Representative ###-###-####
