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Document Preview Secured Revolving Credit Agreement |
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Title: |
Secured Revolving Credit Agreement |
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Entities: |
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Date: |
2007 |
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Size: |
648KB total |
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Price: |
$88 |
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ID: |
#2822799 |
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Start of Preview |
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EXECUTION VERSION
500,000,000
SECURED REVOLVING CREDIT AGREEMENT
Dated as of September 29, 2006
among
KASLION ACQUISITION B.V.,
NXP B.V.,
NXP FUNDING LLC,
as the Borrowers
The Several Lenders
from Time to Time Parties Hereto
MORGAN STANLEY SENIOR FUNDING, INC.,
as Administrative Agent and Global Collateral Agent
MORGAN STANLEY BANK INTERNATIONAL LIMITED,
DEUTSCHE BANK AG, LONDON BRANCH
and
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED,
as Joint Lead Arrangers and Joint Bookrunners
DEUTSCHE BANK AG, LONDON BRANCH,
as Syndication Agent
and
MERRILL LYNCH CAPITAL CORPORATION,
as Documentation Agent
TABLE OF CONTENTS
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Page | |
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SECTION 1. |
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DEFINITIONS |
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2 | |
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1.1. |
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Defined Terms |
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2 |
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1.2. |
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Other Interpretive Provisions |
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58 |
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1.3. |
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Accounting Terms |
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59 |
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1.4. |
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Rounding |
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59 |
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1.5. |
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References to Agreements, Laws, Etc. |
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59 |
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1.6. |
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Exchange Rates |
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59 |
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1.7. |
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Liability of Co-Borrower |
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59 |
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SECTION 2. |
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AMOUNT AND TERMS OF CREDIT |
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60 | |
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2.1. |
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Commitments |
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60 |
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2.2. |
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Minimum Amount of Each Borrowing; Maximum Number of Borrowings |
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60 |
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2.3. |
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Notice of Borrowing |
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61 |
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2.4. |
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Disbursement of Funds |
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62 |
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2.5. |
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Repayment of Loans; Evidence of Debt |
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62 |
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2.6. |
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Conversions and Continuations |
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63 |
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2.7. |
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Pro Rata Borrowings |
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64 |
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2.8. |
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Interest |
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64 |
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2.9. |
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Interest Periods |
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65 |
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2.10. |
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Increased Costs, Illegality, etc. |
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66 |
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2.11. |
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Compensation |
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68 |
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2.12. |
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Change of Lending Office |
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69 |
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2.13. |
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Notice of Certain Costs |
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69 |
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2.14. |
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Additional Alternative Currencies |
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70 |
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SECTION 3. |
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LETTERS OF CREDIT |
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71 | |
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3.1. |
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Letters of Credit |
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71 |
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3.2. |
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Letter of Credit Requests |
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72 |
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3.3. |
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Letter of Credit Participations |
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72 |
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3.4. |
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Agreement to Repay Letter of Credit Drawings |
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75 |
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3.5. |
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Increased Costs |
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76 |
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3.6. |
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New or Successor Letter of Credit Issuer |
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77 |
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3.7. |
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Issuance By Affiliates |
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78 |
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SECTION 4. |
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FEES; COMMITMENTS |
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78 | |
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4.1. |
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Fees |
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78 |
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4.2. |
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Voluntary Reduction of Commitments |
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79 |
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4.3. |
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Mandatory Termination of Commitments |
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80 |
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Page | |
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SECTION 5. |
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PAYMENTS |
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80 | |
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5.1. |
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Voluntary Prepayments |
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80 |
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5.2. |
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Mandatory Prepayments and Cash Collateral |
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80 |
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5.3. |
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Method and Place of Payment |
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82 |
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5.4. |
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Net Payments |
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82 |
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5.5. |
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Computations of Interest and Fees |
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84 |
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5.6. |
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Limit on Rate of Interest |
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84 |
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5.7. |
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Currency Indemnity |
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85 |
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SECTION 6. |
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CONDITIONS PRECEDENT TO INITIAL BORROWING |
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85 | |
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6.1. |
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Credit Documents |
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85 |
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6.2. |
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Acquisition Agreement |
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86 |
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6.3. |
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Indebtedness |
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86 |
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6.4. |
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Solvency Certificate |
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86 |
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6.5. |
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Legal Opinions |
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87 |
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6.6. |
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Closing Certificates |
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87 |
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6.7. |
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Corporate Proceedings of Each Credit Party |
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87 |
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6.8. |
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Corporate Documents |
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87 |
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6.9. |
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Collateral |
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87 |
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6.10. |
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Fees |
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88 |
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6.11. |
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Bridge Loans and Senior Notes |
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88 |
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6.12. |
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Know Your Customer |
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88 |
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SECTION 7. |
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CONDITIONS PRECEDENT TO ALL CREDIT EVENTS AND CERTAIN FUNDS |
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88 | |
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7.1. |
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No Default; Representations and Warranties |
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88 |
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7.2. |
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Notice of Borrowing; Letter of Credit Request |
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89 |
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7.3. |
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Certain Funds |
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89 |
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SECTION 8. |
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REPRESENTATIONS, WARRANTIES AND AGREEMENTS |
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89 | |
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8.1. |
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