|
|
|
|
Document Preview Credit Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Credit Agreement |
|||
|
Entities: |
Amedisys, Inc.; AmSouth Bank; JPMorgan Chase Bank; Medical Resources, Inc.; Wachovia Bank, NA; Wachovia Capital Markets, LLC; Bank of New York |
|||
|
Date: |
2005 |
|||
|
Size: |
Preview shows 42KB of 370KB total |
|||
|
Price: |
$99 |
|||
|
ID: |
#1059627 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
EXECUTION VERSION
$75,000,000
CREDIT AGREEMENT
among
AMEDISYS, INC.,
as Borrower,
THE MATERIAL DOMESTIC SUBSIDIARIES
OF THE BORROWER
FROM TIME TO TIME PARTIES HERETO,
as Guarantors,
THE LENDERS FROM TIME TO TIME PARTIES HERETO,
WACHOVIA BANK, NATIONAL ASSOCIATION,
as Administrative Agent
and
GENERAL ELECTRIC CAPITAL CORPORATION,
as Syndication Agent
Dated as of July 11, 2005
WACHOVIA CAPITAL MARKETS, LLC,
as Co-Lead Arranger and Sole Book Runner
and
GECC CAPITAL MARKETS GROUP, INC.,
as Co-Lead Arranger
TABLE OF CONTENTS
| Page | ||||
|
ARTICLE I DEFINITIONS |
1 | |||
|
Section 1.1 |
Defined Terms |
1 | ||
|
Section 1.2 |
Other Definitional Provisions |
29 | ||
|
Section 1.3 |
Accounting Terms |
29 | ||
|
Section 1.4 |
Time References |
30 | ||
|
ARTICLE II THE LOANS; AMOUNT AND TERMS |
30 | |||
|
Section 2.1 |
Revolving Loans |
30 | ||
|
Section 2.2 |
Term Loan |
32 | ||
|
Section 2.3 |
Letter of Credit Subfacility |
34 | ||
|
Section 2.4 |
Swingline Loan Subfacility |
37 | ||
|
Section 2.5 |
Incremental Facility |
39 | ||
|
Section 2.6 |
Fees |
40 | ||
|
Section 2.7 |
Commitment Reductions |
41 | ||
|
Section 2.8 |
Prepayments |
42 | ||
|
Section 2.9 |
Lending Offices |
44 | ||
|
Section 2.10 |
Default Rate |
44 | ||
|
Section 2.11 |
Conversion Options |
45 | ||
|
Section 2.12 |
Computation of Interest and Fees |
45 | ||
|
Section 2.13 |
Pro Rata Treatment and Payments |
47 | ||
|
Section 2.14 |
Non-Receipt of Funds by the Administrative Agent |
49 | ||
|
Section 2.15 |
Inability to Determine Interest Rate |
50 | ||
|
Section 2.16 |
Illegality |
50 | ||
|
Section 2.17 |
Requirements of Law |
51 | ||
|
Section 2.18 |
Indemnity |
52 | ||
|
Section 2.19 |
Taxes |
52 | ||
|
Section 2.20 |
Indemnification; Nature of Issuing Lenders Duties |
55 | ||
|
ARTICLE III REPRESENTATIONS AND WARRANTIES |
56 | |||
|
Section 3.1 |
Financial Condition |
56 | ||
|
Section 3.2 |
No Change |
57 | ||
|
Section 3.3 |
Corporate Existence; Compliance with Law |
57 | ||
|
Section 3.4 |
Corporate Power; Authorization; Enforceable Obligations |
57 | ||
|
Section 3.5 |
No Legal Bar; No Default |
58 | ||
|
Section 3.6 |
No Material Litigation |
58 | ||
|
Section 3.7 |
Investment Company Act; PUHCA; Etc. |
58 | ||
|
Section 3.8 |
Margin Regulations |
59 | ||
|
Section 3.9 |
ERISA |
59 | ||
|
Section 3.10 |
Environmental Matters |
59 | ||
|
Section 3.11 |
Use of Proceeds |
60 | ||
|
Section 3.12 |
Subsidiaries; Joint Ventures; Partnerships |
60 | ||
|
Section 3.13 |
Ownership |
61 | ||
|
Section 3.14 |
Indebtedness |
61 | ||
|
Section 3.15 |
Taxes |
61 | ||
|
Section 3.16 |
Intellectual Property |
61 | ||
i
|
Section 3.17 |
Solvency |
62 | ||
|
Section 3.18 |
Investments |
62 | ||
|
Section 3.19 |
Location of Collateral |
62 | ||
|
Section 3.20 |
Brokers Fees |
62 | ||
|
Section 3.21 |
Labor Matters |
63 | ||
|
Section 3.22 |
Security Documents |
63 | ||
|
Section 3.23 |
Accuracy and Completeness of Information and Representations and Warranties |
63 | ||
|
Section 3.24 |
Insurance |
63 | ||
|
Section 3.25 |
Classification as Senior Indebtedness |
64 | ||
|
Section 3.26 |
Regulation H |
64 | ||
|
Section 3.27 |
Foreign Assets Control Regulations, Etc. |
64 | ||
|
Section 3.28 |
Deposit and Disbursement Accounts |
64 | ||
|
Section 3.29 |
Customer and Trade Relations |
64 | ||
|
Section 3.30 |
Government and Material Contracts |
64 | ||
|
Section 3.31 |
Fraud and Abuse |
65 | ||
|
Section 3.32 |
Licensing and Accreditation |
65 | ||
|
Section 3.33 |
Other Regulatory Protection |
65 | ||
|
Section 3.34 |
Reimbursement from Third Party Payors |
65 | ||
|
Section 3.35 |
Other Agreements |
66 | ||
|
Section 3.36 |
Compliance with Healthcare Laws |
66 | ||
|
ARTICLE IV CONDITIONS PRECEDENT |
67 | |||
|
Section 4.1 |
Conditions to Closing Date and Initial Extensions of Credit |
67 | ||
|
Section 4.2 |
Conditions to All Extensions of Credit |
73 | ||
|
ARTICLE V AFFIRMATIVE COVENANTS |
74 | |||
|
Section 5.1 |
Financial Statements |
74 | ||
|
Section 5.2 |
Certificates; Other Information |
75 | ||
|
Section 5.3 |
Payment of Obligations |
76 | ||
|
Section 5.4 |
Conduct of Business and Maintenance of Existence |
77 | ||
|
Section 5.5 |
Maintenance of Property; Insurance |
77 | ||
|
Section 5.6 |
Inspection of Property; Books and Records; Discussions |
77 | ||
|
Section 5.7 |
Notices |
78 | ||
|
Section 5.8 |
Environmental Laws |
79 | ||
|
Section 5.9 |
Financial Covenants |
|||
|
End of Preview |
Home Intelligence Services Subscriptions News About Us