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Revolving Credit Agreement

 

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Title:

Revolving Credit Agreement

Entities:

Equity Office Properties Trust

Date:

2000

Size:

Preview shows 8KB of 377KB total

Price:

$99

ID:

#847423

 

 

► Loans ► Credit ► Revolving Credit Agreements
► Real Estate

 

 

Start of Preview


                           REVOLVING CREDIT AGREEMENT


for $1,000,000,000 Revolving Credit Facility
dated as of May 12, 2000

among

EOP OPERATING LIMITED PARTNERSHIP,

THE BANKS LISTED HEREIN,

J.P. MORGAN SECURITIES INC.,
as Lead Arranger, Book Runner and Co-Syndication Agent,

BANK OF AMERICA, N.A.,
as Administrative Agent,

THE CHASE MANHATTAN BANK,
as Documentation Agent,

UBS WARBURG LLC,
as Syndication Agent,

PNC BANK, NATIONAL ASSOCIATION,
FLEET NATIONAL BANK,
DRESDNER BANK AG, NEW YORK AND CAYMAN BRANCHES,
COMMERZBANK AG NEW YORK BRANCH, and
U.S. BANK NATIONAL ASSOCIATION,
as Senior Managing Agents

BANK ONE, NA,
BANKERS TRUST COMPANY,
BAYERISCHE HYPO-UND VEREINSBANK AG (NEW YORK BRANCH),
THE INDUSTRIAL BANK OF JAPAN, LIMITED, and
NATIONAL AUSTRALIA BANK LIMITED,
as Managing Agents

AND

THE BANK OF NOVA SCOTIA, NEW YORK AGENCY,
WACHOVIA BANK, N.A.,
and
UNION BANK OF CALIFORNIA, N.A.,
as Co-Agents.


{PAGE} 2

TABLE OF CONTENTS
{TABLE}
{CAPTION}
{S} {C}
ARTICLE IDEFINITIONS..............................................................................................1
SECTION 1.1. Definitions...........................................................1
-----------
SECTION 1.2. Accounting Terms and Determinations..................................30
-----------------------------------
SECTION 1.3. Types of Borrowings..................................................30
-------------------
ARTICLE IITHE CREDITS............................................................................................30
SECTION 2.1. Commitments to Lend..................................................30
-------------------
SECTION 2.2. Notice of Borrowing..................................................31
-------------------
SECTION 2.3. Swingline Loan Subfacility...........................................31
--------------------------
(a)Swingline Commitment..............................................31
-----------------------
(b)Swingline Borrowings..............................................31
-----------------------
(c)Interest Rate.....................................................33
----------------
SECTION 2.4. Money Market Borrowings..............................................33
-----------------------
(a)The Money Market Option...........................................33
-----------------------
(b)Money Market Quote Request........................................34
--------------------------
(c)Invitation for Money Market Quotes................................34
----------------------------------
(d)Submission and Contents of Money Market
---------------------------------------
Quotes...............................................................34
------
(e)Notice to Borrower................................................36
------------------
(f)Acceptance and Notice by Borrower.................................36
---------------------------------
(g)Allocation by Agent...............................................37
-------------------
SECTION 2.5. Notice to Banks; Funding of Loans....................................37
---------------------------------
SECTION 2.6. Notes................................................................39
-----
SECTION 2.7. Method of Electing Interest Rates....................................39
---------------------------------
SECTION 2.8. Interest Rates.......................................................41
--------------
SECTION 2.9. Fees.................................................................42
----
(a)Facility Fee......................................................42
---------------
(b)Intentionally omitted.............................................42
------------------------
(c)Fees Non-Refundable...............................................42
----------------------
SECTION 2.10. Maturity Date; Extension............................................43
------------------------
SECTION 2.11. Optional Prepayments................................................43
--------------------
SECTION 2.12. General Provisions as to Payments...................................44
---------------------------------
SECTION 2.13. Funding Losses......................................................45
--------------

 

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