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Credit Agreement

 

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Title:

Credit Agreement

Entities:

American Financial Realty Trust; Banc of America Securities LLC; Bank of Ireland; Bank of Montreal; Environmental Remediation Holding Corp.; McGraw-Hill Companies Inc.; UBS Warburg LLC; Wachovia Bank, NA; International Swaps & Derivatives Association, Inc.; Bank of America, NA; Morgan, Lewis & Bockius

Date:

2003

Size:

Preview shows 6KB of 388KB total

Price:

$50

ID:

#334590

 

 

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                                CREDIT AGREEMENT


Dated as of April 30, 2003

among

FIRST STATES INVESTORS BAI, LLC,
as the Borrower,

and

Each of the Subsidiaries of the Borrower
from time to time party hereto,
as Guarantors,

BANK OF AMERICA, N.A.,
as Administrative Agent and L/C Issuer,

BANC OF AMERICA SECURITIES LLC,
as
Sole Lead Arranger and Sole Book Manager,

WACHOVIA BANK, NATIONAL ASSOCIATION,
as Syndication Agent,

BANK OF MONTREAL and
UBS WARBURG LLC,
as Co-Documentation Agents,

and

The Other Lenders Party Hereto

{PAGE}

TABLE OF CONTENTS

{TABLE}
{CAPTION}
Section Page
------- ----
{S} {C}
ARTICLE I DEFINITIONS AND ACCOUNTING TERMS .................................................................. 1
1.01 Defined Terms. ................................................................................... 1
1.02 Other Interpretive Provisions. ................................................................... 19
1.03 Accounting Terms. ................................................................................ 20
1.04 Rounding. ........................................................................................ 20
1.05 References to Agreements and Laws. ............................................................... 20
1.06 Times of Day. .................................................................................... 21
1.07 Letter of Credit Amounts. ........................................................................ 21
ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS ............................................................ 21
2.01 Revolving Loans. ................................................................................. 21
2.02 Borrowings, Conversions and Continuations of Loans. .............................................. 21
2.03 Letters of Credit. ............................................................................... 22
2.04 Prepayments. ..................................................................................... 28
2.05 Termination, Reduction or Increase of Aggregate Revolving Commitments. ........................... 29
2.06 Repayment of Loans. .............................................................................. 29
2.07 Interest. ........................................................................................ 30
2.08 Fees. ............................................................................................ 30
2.09 Computation of Interest and Fees. ................................................................ 31
2.10 Evidence of Debt. ................................................................................ 31
2.11 Payments Generally. .............................................................................. 31
2.12 Sharing of Payments. ............................................................................. 32
ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY .......................................................... 33
3.01 Taxes. ........................................................................................... 33
3.02 Illegality. ...................................................................................... 34
3.03 Inability to Determine Rates. .................................................................... 34
3.04 Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurodollar Rate Loans. .......... 34
3.05 Funding Losses. .................................................................................. 35
3.06 Matters Applicable to all Requests for Compensation. ............................................. 35
3.07 Survival. ........................................................................................ 35
ARTICLE IV GUARANTY ......................................................................................... 36
4.01 The Guaranty. .................................................................................... 36
4.02 Obligations Unconditional. ....................................................................... 36
4.03 Reinstatement. ................................................................................... 37

 

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