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Document Preview Credit Agreement |
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Title: |
Credit Agreement |
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Entities: |
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Date: |
2007 |
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Size: |
Preview shows 58KB of 307KB total |
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Price: |
$68 |
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ID: |
#2790795 |
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Start of Preview |
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ARTICLE I. |
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Definitions |
1 | |
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Section 1.01 |
Defined Terms |
1 |
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Section 1.02 |
Classification of Loans and Borrowings |
16 |
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Section 1.03 |
Terms Generally |
16 |
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Section 1.04 |
Accounting Terms; GAAP |
17 |
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ARTICLE II. |
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The Credits |
17 | |
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Section 2.01 |
Commitments |
17 |
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Section 2.02 |
Loans and Borrowings |
18 |
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Section 2.03 |
Requests for Revolving Borrowings |
18 |
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Section 2.04 |
Increase in Commitments |
19 |
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Section 2.05 |
Swingline Loans |
20 |
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Section 2.06 |
Letters of Credit |
21 |
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Section 2.07 |
Funding of Borrowings |
25 |
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Section 2.08 |
Interest Elections |
26 |
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Section 2.09 |
Termination and Reduction of Commitments |
27 |
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Section 2.10 |
Repayment of Loans; Evidence of Debt |
27 |
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Section 2.11 |
Prepayment of Loans |
28 |
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Section 2.12 |
Fees |
29 |
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Section 2.13 |
Interest |
30 |
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Section 2.14 |
Alternate Rate of Interest |
31 |
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Section 2.15 |
Increased Costs |
31 |
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Section 2.16 |
Break Funding Payments |
32 |
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Section 2.17 |
Taxes |
33 |
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Section 2.18 |
Payments Generally; Pro Rata Treatment; Sharing of Set-offs |
34 |
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Section 2.19 |
Mitigation Obligations; Replacement of Lenders |
35 |
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Section 2.20 |
Extension of Maturity Date |
36 |
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ARTICLE III. |
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Representations and Warranties |
36 | |
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Section 3.01 |
Organization; Powers |
37 |
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Section 3.02 |
Authorization; Enforceability |
37 |
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Section 3.03 |
Governmental Approvals; No Conflicts |
37 |
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Section 3.04 |
Financial Condition; No Material Adverse Change |
37 |
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Section 3.05 |
Properties. |
37 |
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Section 3.06 |
No Material Litigation |
38 |
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Section 3.07 |
Compliance with Laws and Agreements |
38 |
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Section 3.08 |
Investment and Holding Company Status |
38 |
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Section 3.09 |
Taxes |
38 |
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Section 3.10 |
ERISA |
38 |
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Section 3.11 |
Federal Regulations |
39 |
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Section 3.12 |
Environmental Matters |
39 |
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Section 3.13 |
Insurance |
39 |
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Section 3.14 |
Condition of Properties |
40 |
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Section 3.15 |
REIT Status |
40 |
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Section 3.16 |
Disclosure |
40 |
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ARTICLE IV. |
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Conditions |
40 | |
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Section 4.01 |
Effective Date |
40 |
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Section 4.02 |
Each Credit Event |
42 |
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ARTICLE V. |
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Affirmative Covenants |
42 | |
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Section 5.01 |
Financial Statements and Other Information |
42 |
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Section 5.02 |
Notices of Material Events |
44 |
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Section 5.03 |
Existence; Conduct of Business; REIT Status |
44 |
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Section 5.04 |
Payment of Obligations |
44 |
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Section 5.05 |
Maintenance of Properties; Insurance |
45 |
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Section 5.06 |
Books and Records; Inspection Rights |
45 |
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Section 5.07 |
Compliance with Laws |
45 |
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Section 5.08 |
Environmental Laws |
45 |
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Section 5.09 |
Use of Proceeds and Letters of Credit |
46 |
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ARTICLE VI. |
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Negative Covenants |
46 | |
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Section 6.01 |
Financial Covenants |
46 |
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Section 6.02 |
Indebtedness |
47 |
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Section 6.03 |
Liens |
47 |
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Section 6.04 |
Limitation on Certain Fundamental Changes |
48 |
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Section 6.05 |
Limitation on Restricted Payments |
49 |
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Section 6.06 |
Limitation on Investments, Loans and Advances |
49 |
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Section 6.07 |
Limitation on Transactions with Affiliates |
49 |
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Section 6.08 |
Limitation on Changes in Fiscal Year |
49 |
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Section 6.09 |
Limitation on Lines of Business; Creation of Subsidiaries; |
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Negative Pledges |
50 | |
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Section 6.10 |
Swap Agreements |
50 |
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Section 6.11 |
Secured Recourse Indebtedness |
50 |
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ARTICLE VII. |
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Events of Default |
50 | |
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ARTICLE VIII. |
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The Administrative Agent |
53 | |
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ARTICLE IX. |
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Miscellaneous |
55 | |
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Section 9.01 |
Notices |
55 |
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Section 9.02 |
Waivers; Amendments |
56 |
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Section 9.03 |
Expenses; Indemnity; Damage Waiver |
57 |
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Section 9.04 |
Successors and Assigns |
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End of Preview |
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