|
|
|
|
Document Preview Revolving Credit Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Revolving Credit Agreement |
|||
|
Entities: |
||||
|
Date: |
2003 |
|||
|
Size: |
Preview shows 49KB of 173KB total |
|||
|
Price: |
$57 |
|||
|
ID: |
#325752 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
REVOLVING CREDIT AGREEMENT
among
SERACARE LIFE SCIENCES, INC.
And
BROWN BROTHERS HARRIMAN & CO.
as Lender
Dated as of October 8, 2003
|
SECTION 1 |
DEFINITIONS | 1 | ||
|
1.1 |
Defined Terms | 1 | ||
|
1.2 |
Other Definitional Provisions | 12 | ||
|
SECTION 2. |
AMOUNT AND TERMS OF LOANS AND LETTERS OF CREDIT; COMMITMENT AMOUNTS | 13 | ||
|
2.1 |
Loans and Letters of Credit; Revolving Loan Commitments | 13 | ||
|
2.2 |
Issuance of Letters of Credit | 14 | ||
|
2.3 |
Optional Prepayments; Optional Commitment Reductions | 16 | ||
|
2.4 |
Mandatory Prepayments | 16 | ||
|
2.5 |
Conversion and Continuation Options | 17 | ||
|
2.6 |
Minimum Amounts of Tranches; Minimum Borrowings | 17 | ||
|
2.7 |
Interest Rates and Payment Dates | 17 | ||
|
2.8 |
Computation of Interest and Fees | 17 | ||
|
2.9 |
Inability to Determine Interest Rate | 18 | ||
|
2.10 |
Payments | 18 | ||
|
2.11 |
Illegality | 18 | ||
|
2.12 |
Increased Costs | 18 | ||
|
2.13 |
Taxes | 19 | ||
|
2.14 |
Indemnity | 20 | ||
|
2.15 |
Mitigation of Costs | 20 | ||
|
2.16 |
Upfront Fee; Unused Commitment Fee | 20 | ||
|
2.17 |
Pre-Closing Audit and Closing Costs | 20 | ||
|
SECTION 3. |
SECURITY INTEREST | 20 | ||
|
SECTION 4. |
REPRESENTATIONS AND WARRANTIES | 21 | ||
|
4.1 |
Financial Condition | 21 | ||
|
4.2 |
Corporate Existence; Compliance with Law | 22 | ||
|
4.3 |
Corporate Power; Authorization; Consents; Enforceable Obligations | 22 | ||
|
4.4 |
No Legal Bar | 22 | ||
|
4.5 |
No Material Litigation | 23 | ||
|
4.6 |
Ownership of Property; Liens; Condition of Properties | 23 | ||
|
4.7 |
Environmental Matters | 23 | ||
|
4.8 |
Intellectual Property | 23 | ||
|
4.9 |
Taxes | 24 | ||
|
4.10 |
Federal Regulations | 24 | ||
|
4.11 |
ERISA Compliance | 24 | ||
|
4.12 |
Investment Company Act; Public Utility Holding Company Act | 25 | ||
|
4.13 |
Subsidiaries | 25 | ||
|
4.14 |
Purpose of Loans and Letters of Credit | 25 | ||
|
4.15 |
Accuracy and Completeness of Information | 25 | ||
|
4.16 |
Real Property Assets | 25 | ||
|
4.17 |
Permits, Etc. | 25 | ||
|
4.18 |
Nature of Business | 25 | ||
|
4.19 |
Capital Structure and Equity Ownership | 25 | ||
|
4.20 |
Insolvency | 26 | ||
|
4.21 |
Labor Matters | 26 | ||
|
4.22 |
Condemnation | 26 | ||
|
SECTION 5. |
CONDITIONS PRECEDENT | 26 | ||
|
5.1 |
Conditions to Closing Date | 26 | ||
|
5.2 |
Conditions to Each Loan or Letter of Credit | 27 | ||
|
SECTION 6. |
AFFIRMATIVE COVENANTS | 28 | ||
|
6.1 |
Financial Statements | 28 | ||
|
6.2 |
Certificates; Other Information | 29 | ||
|
6.3 |
Payment of Obligations | 30 | ||
|
6.4 |
Conduct of Business and Maintenance of Existence | 30 | ||
|
6.5 |
Maintenance of Property; Insurance | 30 | ||
|
6.6 |
Inspection of Property; Books and Records; Discussions | 31 | ||
|
6.7 |
Use of Proceeds | 31 | ||
|
6.8 |
Interest Rate Protection | 31 | ||
|
6.9 |
Acquisition of Real Property | 32 | ||
|
6.10 |
Lease and License Compliance | 32 | ||
|
6.11 |
Environmental Laws | 32 | ||
|
6.12 |
Covenants Regarding Additional Subsidiaries | 32 | ||
|
6.13 |
Landlord Consents; Warehouse Letters | 33 | ||
|
6.14 |
Insurance Policies | 33 | ||
|
6.15 |
Foreign Qualification Certificate | 33 | ||
|
SECTION 7. |
NEGATIVE COVENANTS | 33 | ||
|
7.1 |
Financial Condition Covenants | 33 | ||
|
7.2 |
Limitation on Indebtedness | 34 | ||
|
7.3 |
Limitation on Liens | 34 | ||
|
7.4 |
Limitation on Fundamental Changes | 36 | ||
|
7.5 |
Limitation on Sale of Assets | 36 | ||
|
7.6 |
Limitation on Restricted Payments | 36 | ||
|
7.7 |
Limitation on Acquisitions, Investments, Loans and Advances | 37 | ||
|
7.8 |
Management Fees | 37 | ||
|
7.9 |
Transactions with Affiliates | 37 | ||
|
End of Preview |
Home Intelligence Services Subscriptions News About Us