Scheduled Reduction of Commitments

Scheduled Reduction of Commitments. The Borrower shall reduce the total Commitments (and, if necessary, prepay Loans in accordance with Section 2.7 (Optional Prepayments) so that the total Revolving Exposures do not exceed the total Commitments) on each date set forth below to the aggregate amount set forth opposite such date: Date Total Commitments 03/12/13 $ 70,000,000 06/30/13 $ 65,000,000 12/31/13 $ 60,000,000