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364-Day Credit Agreement

 

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Title:

364-Day Credit Agreement

Entities:

Banco Bilbao Vizcaya Argentaria SA; Chase Manhattan Bank; Citibank, NA; Deere & Co.; J.P. Morgan Securities Inc.; JPMorgan Chase Bank; Royal Bank of Canada; U.S. Bank, NA; Wachovia Bank, NA; Bank of America, NA; Bank of New York

Date:

2005

Size:

Preview shows 82KB of 304KB total

Price:

$99

ID:

#426800

 

 

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EX-4.2 3 a05-4858_1ex4d2.htm EX-4.2

Exhibit 4.2

 

 

DEERE & COMPANY

 

JOHN DEERE CAPITAL CORPORATION

 


 

$625,000,000

 

364-DAY

CREDIT AGREEMENT

 

Dated as of February 15, 2005

 


 

JPMORGAN CHASE BANK, N.A.,

as Administrative Agent

 

CITIBANK, N.A.,

as a Documentation Agent

 

CREDIT SUISSE FIRST BOSTON,

as a Documentation Agent

 

MERRILL LYNCH BANK USA,
as Co-Documentation Agent

 

BANK OF AMERICA, N.A.,

as a Syndication Agent

 

DEUTSCHE BANK AG NEW YORK BRANCH,

as a Syndication Agent

 


 

J.P. MORGAN SECURITIES INC.,

as Lead Arranger and Bookrunner

 

 

209



 

TABLE OF CONTENTS

 

SECTION 1

DEFINITIONS

 

1.1.

Defined Terms

 

1.2.

Other Definitional Provisions

 

 

 

 

SECTION 2

THE COMMITTED RATE LOANS; THE BID LOANS; THE NEGOTIATED RATE LOANS; AMOUNT AND TERMS

 

2.1.

The Committed Rate Loans

 

2.2.

The Bid Loans; the Negotiated Rate Loans

 

2.3.

Loan Accounts

 

2.4.

Fees

 

2.5.

Termination or Reduction of Commitments; Cancellation of Capital Corporation as Borrower

 

2.6.

Optional Prepayments

 

2.7.

Minimum Amount of Certain Loans

 

2.8.

Committed Rate Loan Interest Rate and Payment Dates

 

2.9.

Conversion and Continuation Options

 

2.10.

Computation of Interest and Fees

 

2.11.

Inability to Determine Interest Rate

 

2.12.

Pro Rata Treatment and Payments

 

2.13.

Requirements of Law

 

2.14.

Indemnity

 

2.15.

Non-Receipt of Funds by the Administrative Agent

 

2.16.

Extension of Termination Date

 

2.17.

Foreign Taxes

 

2.18.

Confirmations

 

2.19.

Replacement of Cancelled Banks

 

2.20.

Commitment Increases

 

 

 

 

SECTION 3

REPRESENTATIONS AND WARRANTIES

 

3.1.

Financial Condition

 

3.2.

Corporate Existence

 

3.3.

Corporate Power; Authorization; Enforceable Obligations

 

3.4.

No Legal Bar

 

3.5.

No Material Litigation

 

3.6.

Taxes

 

3.7.

Margin Regulations

 

3.8.

Pari Passu Ranking

 

3.9.

No Defaults

 

3.10.

Use of Proceeds

 

 

 

 

SECTION 4

CONDITIONS PRECEDENT

 

4.1.

Conditions to Initial Loan

 

4.2.

Conditions to All Loans

 

 

210



 

SECTION 5

AFFIRMATIVE COVENANTS

 

5.1.

Financial Statements

 

5.2.

Certificates; Other Information

 

5.3.

Company Indenture Documents

 

5.4.

Capital Corporation Indenture Documents

 

5.5.

Notice of Default

 

5.6.

Ownership of Capital Corporation Stock

 

5.7.

Employee Benefit Plans

 

 

 

 

SECTION 6

NEGATIVE COVENANTS OF THE COMPANY

 

6.1.

Company May Consolidate, etc., Only on Certain Terms

 

6.2.

Limitation on Liens

 

6.3.

Limitations on Sale and Lease-back Transactions

 

6.4.

Equipment Operations Debt

 

 

 

 

SECTION 7

NEGATIVE COVENANTS OF THE CAPITAL CORPORATION

 

7.1.

Fixed Charges Ratio

 

7.2.

Consolidated Senior Debt to Consolidated Capital Base

 

7.3.

Limitation on Liens

 

7.4.

Consolidation; Merger

 

 

 

 

SECTION 8

EVENTS OF DEFAULT

 

 

 

 

SECTION 9

THE AGENTS

 

9.1.

Appointment

 

9.2.

Delegation of Duties

 

9.3.

Exculpatory Provisions

 

9.4.

Reliance by Agents