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Credit Agreement

 

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Title:

Credit Agreement

Entities:

John Wiley & Sons, Inc.; UBS Warburg LLC; Bank of New York; Weil, Gotshal & Manges LLP

Date:

2001

Size:

Preview shows 5KB of 191KB total

Price:

$55

ID:

#472992

 

 

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                                CREDIT AGREEMENT



dated as of


September 21, 2001


among


John Wiley & Sons, Inc.,


The Lenders From Time to Time Parties Hereto


and


UBS AG, Stamford Branch,
as Administrative Agent

------------------------------------

UBS Warburg LLC,
as Arranger



{PAGE}
TABLE OF CONTENTS

{TABLE}
{CAPTION}
Page
----
{S} {C}
ARTICLE 1

DEFINITIONS

SECTION 1.01. Definitions..................................................................1
SECTION 1.02. Accounting Terms and Determinations.........................................16
SECTION 1.03. Classes and Types of Loans and Borrowings...................................16

ARTICLE 2

CREDITS

SECTION 2.01. Commitments to Lend.........................................................17
SECTION 2.02. Method of Borrowing.........................................................17
SECTION 2.03. Evidence of Loans...........................................................18
SECTION 2.04. Maturity of Loans...........................................................19
SECTION 2.05. Interest Rates..............................................................19
SECTION 2.06. Fees........................................................................21
SECTION 2.07. Optional Termination or Reduction of Commitments............................21
SECTION 2.08. Method of Electing Interest Rates...........................................21
SECTION 2.09. Scheduled Termination of Commitments........................................23
SECTION 2.10. [Reserved]..................................................................23
SECTION 2.11. Optional Prepayments........................................................23
SECTION 2.12. General Provisions as to Payments...........................................23
SECTION 2.13. Funding Losses..............................................................24
SECTION 2.14. Computation of Interest and Fees............................................24

ARTICLE 3

CONDITIONS

SECTION 3.01. Effectiveness...............................................................24
SECTION 3.02. Borrowings..................................................................26

ARTICLE 4

REPRESENTATIONS AND WARRANTIES

SECTION 4.01. Corporate Existence and Power...............................................26
SECTION 4.03. Binding Effect..............................................................27
SECTION 4.04. Financial Information.......................................................27


i
{PAGE}
SECTION 4.05. Litigation..................................................................27
SECTION 4.06. Compliance with ERISA.......................................................28
SECTION 4.07. Taxes.......................................................................28
SECTION 4.08. Subsidiaries................................................................28
SECTION 4.09. Not an Investment Company...................................................28
SECTION 4.10. Status of Loans.............................................................28
SECTION 4.11. Environmental Matters.......................................................28
SECTION 4.12. Liens.......................................................................29

 

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