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Title: |
Credit Agreement |
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Entities: |
AmSouth Bank; Barclays Bank plc; Citicorp North America, Inc.; Comerica Bank; Deutsche Bank Securities Inc.; Deutsche Bank Trust Company Americas; J.P. Morgan Securities Inc.; JPMorgan Chase Bank; Lennar Corp.; Sumitomo Mitsui Banking Corp.; U.S. Bank, NA; U.S. Home & Garden, Inc.; Wachovia Bank, NA; Bank of America, NA |
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Date: |
2005 |
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Size: |
Preview shows 57KB of 313KB total |
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Price: |
$81 |
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ID: |
#584789 |
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Start of Preview |
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ARTICLE I CERTAIN DEFINED TERMS |
1 | |
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SECTION 1.01. Certain Defined Terms |
1 | |
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SECTION 1.02. Computation of Time Periods |
23 | |
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SECTION 1.03. Accounting Terms |
23 | |
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ARTICLE II THE CREDITS |
24 | |
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SECTION 2.01. Commitment |
24 | |
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SECTION 2.02. Types of Advances |
25 | |
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SECTION 2.03. Principal Payments |
25 | |
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SECTION 2.04. Commitment Fees; Reductions of Commitments |
25 | |
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SECTION 2.05. Method of Borrowing |
26 | |
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SECTION 2.06. Method of Selecting Types and Interest Periods for Revolving Advances |
26 | |
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SECTION 2.07. Method of Selecting Types and Interest Periods for Conversion and Continuation of Revolving Advances |
27 | |
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SECTION 2.08. Minimum Amount of Each Revolving Advance |
27 | |
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SECTION 2.09. Competitive Bid Procedure |
27 | |
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SECTION 2.10. Swing Line Loans |
30 | |
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SECTION 2.11. Rate after Maturity |
31 | |
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SECTION 2.12. Method of Payment |
31 | |
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SECTION 2.13. Notes; Telephonic Notices |
32 | |
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SECTION 2.14. Interest Payment Dates; Interest and Fee Basis |
32 | |
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SECTION 2.15. Notification of Advances, Interest Rates, Prepayments and Commitment Reductions |
33 | |
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SECTION 2.16. Lending Installations |
33 | |
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SECTION 2.17. Increase in Aggregate Commitment |
33 | |
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SECTION 2.18. Facility Letters of Credit |
35 | |
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SECTION 2.19. Non-Receipt of Funds by the Administrative Agent |
41 | |
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SECTION 2.20. Withholding Tax Exemption |
42 | |
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SECTION 2.21. Unconditional Obligation to Make Payment |
42 | |
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SECTION 2.22. Compensating Balances |
43 | |
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SECTION 2.23. Extension of Termination Date |
43 | |
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SECTION 2.24. Replacement of Certain Lenders |
43 | |
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ARTICLE III CHANGE IN CIRCUMSTANCES |
44 | |
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SECTION 3.01. Yield-Protection |
44 | |
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SECTION 3.02. Changes in Capital Adequacy Regulation |
45 | |
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SECTION 3.03. Availability of Types of Advances |
45 | |
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SECTION 3.04. Funding Indemnification |
46 | |
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SECTION 3.05. Lender Statements Survival of Indemnity |
46 | |
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ARTICLE IV REPRESENTATIONS AND WARRANTIES |
46 | |
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SECTION 4.01. Organization, Powers, etc. |
46 | |
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SECTION 4.02. Authorization and Validity of this Agreement, etc. |
47 | |
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SECTION 4.03. Financial Statements |
47 | |
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SECTION 4.04. No Material Adverse Effect |
48 | |
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SECTION 4.05. Title to Properties |
48 | |
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SECTION 4.06. Litigation |
48 | |
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SECTION 4.07. Payment of Taxes |
48 | |
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SECTION 4.08. Agreements |
49 | |
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SECTION 4.09. Foreign Direct Investment Regulations |
49 | |
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SECTION 4.10. Federal Reserve Regulations |
49 | |
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SECTION 4.11. Consents, etc. |
49 | |
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SECTION 4.12. Compliance with Applicable Laws |
50 | |
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SECTION 4.13. Relationship of the Loan Parties |
50 | |
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SECTION 4.14. Subsidiaries; Joint Ventures |
50 | |
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SECTION 4.15. ERISA |
51 | |
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SECTION 4.16. Investment Company Act |
51 | |
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SECTION 4.17. Public Utility Holding Company Act |
51 | |
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SECTION 4.18. Subordinated Debt |
51 | |
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SECTION 4.19. Post-Retirement Benefits |
51 | |
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SECTION 4.20. Insurance |
51 | |
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SECTION 4.21. Environmental Representations |
52 | |
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SECTION 4.22. Minimum Adjusted Consolidated Tangible Net Worth |
52 | |
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SECTION 4.23. No Misrepresentation |
52 | |
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ARTICLE V CONDITIONS PRECEDENT |
52 | |
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SECTION 5.01. Conditions of Effectiveness |
52 | |
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SECTION 5.02. Conditions Precedent to All Advances and Facility Letters of Credit |
54 | |
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ARTICLE VI AFFIRMATIVE COVENANTS |
55 | |
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SECTION 6.01. Existence, Properties, etc. |
55 | |
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SECTION 6.02. Notice |
55 | |
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SECTION 6.03. Payments of Debts, Taxes, etc. |
55 | |
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SECTION 6.04. Accounts and Reports |
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End of Preview |
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