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Term Loan Agreement

 

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Title:

Term Loan Agreement

Entities:

ABN AMRO Bank N.V.; Bank of Nova Scotia; Barclays Bank plc; CEMEX S.A. de C.V.; Citibank, NA; Citigroup Global Markets Inc.; J.P. Morgan Securities Inc.; JPMorgan Chase Bank; McGraw-Hill Companies Inc.; Royal Bank of Scotland plc; Wachovia Bank, NA; Bank of America, NA; Bank of New York; Cleary, Gottlieb, Steen & Hamilton; Mayer, Brown, Rowe & Maw

Date:

2004

Size:

Preview shows 6KB of 433KB total

Price:

$99

ID:

#419446

 

 

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                              U.S. $1,150,000,000


TERM LOAN AGREEMENT

among

NEW SUNWARD HOLDING B.V.,
as Borrower,

CEMEX, S.A. DE C.V.,
CEMEX MEXICO, S.A. DE C.V., and
EMPRESAS TOLTECA DE MEXICO, S.A. DE C.V.,
as Guarantors

The Several Lenders from Time to Time Party Hereto,

CITIBANK, N.A.,
as Administrative Agent,

ABN AMRO BANK N.V., BNP PARIBAS, CITIGROUP GLOBAL MARKETS INC., CREDIT
AGRICOLE INDOSUEZ/CREDIT LYONNAIS, J.P. MORGAN SECURITIES INC.,
and SANTANDER CENTRAL HISPANO,
as Mandated Lead Arrangers,

ING BANK N.V., MIZUHO CORPORATE BANK, LTD., and
THE ROYAL BANK OF SCOTLAND PLC.,
as Arrangers,

BANK OF AMERICA, N.A., THE BANK OF TOKYO-MITSUBISHI, LTD.,
BBVA BANCOMER S.A., and SCOTIABANK,
as Co-Arrangers,

CREDIT AGRICOLE INDOSUEZ/CREDIT LYONNAIS,
as Syndication Agent,

and

CITIGROUP GLOBAL MARKETS INC., and
J.P. MORGAN SECURITIES INC.,
as Joint Bookrunners

Dated as of October 15, 2003


===============================================================================


{PAGE}

{TABLE}
{CAPTION}

TABLE OF CONTENTS

Page


{S} {C}
SECTION 1. DEFINITIONS

1.1. Defined Terms..................................................................1
1.2. Other Definitional Provisions.................................................17

SECTION 2. AMOUNT AND TERMS OF COMMITMENTS

2.1. Commitments...................................................................18
2.2. Procedure for Borrowing.......................................................19
2.3. Fees..........................................................................19
2.4. Optional Prepayments..........................................................20
2.5. Extension of Maturity Dates...................................................20
2.7. Interest Rates and Payment Dates..............................................21
2.8. Computation of Interest and Fees..............................................22
2.9. Inability to Determine Interest Rate..........................................22
2.10. Pro Rata Treatment and Payments...............................................23
2.11. Requirements of Law...........................................................24
2.12. Taxes.........................................................................25
2.13. Indemnity.....................................................................26
2.14. Change of Lending Office......................................................27
2.15. Replacement of Lenders........................................................27

SECTION 3. REPRESENTATIONS AND WARRANTIES

3.1. Financial Condition...........................................................28
3.2. No Change.....................................................................28
3.3. Existence; Compliance with Law................................................28
3.4. Power; Authorization; Enforceable Obligations.................................28
3.5. Governmental Approvals........................................................29
3.6. Compliance with Law and Other Instruments.....................................29
3.7. Litigation....................................................................29
3.8. No Default....................................................................29
3.9. Ownership of Property; Liens..................................................29
3.10. Intellectual Property.........................................................29
3.11. Taxes.........................................................................30
3.12. Federal Reserve Regulations...................................................30
3.13. Labor Matters.................................................................30
3.14. Investment Company Act; Other Regulations.....................................31
3.15. Use of Proceeds...............................................................31
3.16. Subsidiaries; Capital Stock...................................................31
3.17. Environmental Matters.........................................................31

 

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