|
|
|
|
Document Preview Loan and Servicing Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Loan and Servicing Agreement |
|||
|
Entities: |
AmSouth Bank; Citibank, NA; Citicorp North America, Inc.; Frontier Airlines, Inc.; McGraw-Hill Companies Inc.; TECO Energy, Inc.; Bank of America, NA |
|||
|
Date: |
2005 |
|||
|
Size: |
Preview shows 28KB of 410KB total |
|||
|
Price: |
$71 |
|||
|
ID: |
#911153 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
LOAN AND SERVICING AGREEMENT
dated as of January 6, 2005
among
TEC RECEIVABLES CORP.,
as Borrower
TAMPA ELECTRIC COMPANY,
as Servicer
THE PERSONS FROM TIME TO TIME
PARTY HERETO AS CONDUIT LENDERS,
THE FINANCIAL INSTITUTIONS FROM TIME TO TIME
PARTY HERETO AS COMMITTED LENDERS,
THE FINANCIAL INSTITUTIONS FROM TIME TO TIME
PARTY HERETO AS MANAGING AGENTS,
and
CITICORP NORTH AMERICA, INC.,
as Program Agent
Exhibit 4.2
TABLE OF CONTENTS
| Page | ||
|
ARTICLE I DEFINITIONS |
1 | |
|
SECTION 1.01. Certain Defined Terms |
1 | |
|
SECTION 1.02. Other Terms and Constructions |
30 | |
|
SECTION 1.03. Computation of Time Periods |
30 | |
|
ARTICLE II AMOUNTS AND TERMS OF THE LOANS |
30 | |
|
SECTION 2.01. The Loans |
30 | |
|
SECTION 2.02. Borrowing Procedures |
31 | |
|
SECTION 2.03. LIBOR Tranches |
33 | |
|
SECTION 2.04. Interest and Fees |
34 | |
|
SECTION 2.05. Optional Prepayments |
34 | |
|
SECTION 2.06. Application of Collections Prior to Termination Date |
35 | |
|
SECTION 2.07. Application of Collections After Termination Date |
36 | |
|
SECTION 2.08. Deemed Collections |
37 | |
|
SECTION 2.09. Payments and Computations, Etc. |
37 | |
|
SECTION 2.10. Tranches |
33 | |
|
SECTION 2.11. Interest Protection |
38 | |
|
SECTION 2.12. Increased Capital |
39 | |
|
SECTION 2.13. Funding Losses |
40 | |
|
SECTION 2.14. Taxes |
40 | |
|
SECTION 2.15. Security Interest |
41 | |
|
SECTION 2.16. Evidence of Debt |
42 | |
|
ARTICLE III CONDITIONS OF EFFECTIVENESS AND LOANS |
42 | |
|
SECTION 3.01. Conditions Precedent to Effectiveness and Initial Borrowing |
42 | |
|
SECTION 3.02. Conditions Precedent to All Borrowings and Releases |
42 | |
|
ARTICLE IV REPRESENTATIONS AND WARRANTIES |
43 | |
|
SECTION 4.01. Representations and Warranties of the Borrower |
43 | |
|
SECTION 4.02. Representations and Warranties of the Servicer |
47 | |
|
ARTICLE V GENERAL COVENANTS |
49 | |
|
SECTION 5.01. Affirmative Covenants of the Borrower |
49 | |
|
SECTION 5.02. Reporting Requirements of the Borrower |
54 | |
|
SECTION 5.03. Negative Covenants of the Borrower |
56 | |
|
SECTION 5.04. Affirmative Covenants of the Servicer |
58 | |
|
SECTION 5.05. Reporting Requirements of the Servicer |
60 | |
|
SECTION 5.06. Negative Covenants of the Servicer |
60 | |
|
ARTICLE VI ADMINISTRATION OF RECEIVABLES |
61 | |
|
SECTION 6.01. Designation of Servicer |
61 | |
i
Exhibit 4.2
|
SECTION 6.02. Duties of the Servicer |
62 | |
|
SECTION 6.03. Rights of the Program Agent |
63 | |
|
SECTION 6.04. Responsibilities of the Borrower |
64 | |
|
SECTION 6.05. Further Action Evidencing Program Agents Interest |
64 | |
|
ARTICLE VII EVENTS OF TERMINATION |
64 | |
|
SECTION 7.01. Events of Termination |
64 | |
|
ARTICLE VIII INDEMNIFICATION |
67 | |
|
SECTION 8.01. Indemnities by the Borrower |
67 | |
|
SECTION 8.02. Indemnities by the Servicer |
70 | |
|
SECTION 8.03. Limited Liability of Indemnified Parties |
70 | |
|
ARTICLE IX THE AGENTS |
71 | |
|
SECTION 9.01. Authorization and Action |
71 | |
|
SECTION 9.02. Agents Reliance, Etc. |
71 | |
|
SECTION 9.03. Agents and Affiliates |
71 | |
|
SECTION 9.04. Lenders Loan Decision |
72 | |
|
SECTION 9.05. Delegation of Duties |
72 | |
|
SECTION 9.06. Indemnification |
72 | |
|
SECTION 9.07. Successor Agents |
72 | |
|
ARTICLE X MISCELLANEOUS |
73 | |
|
SECTION 10.01. Amendments, Etc. |
73 | |
|
SECTION 10.02. Notices, Etc. |
73 | |
|
SECTION 10.03. Assignability |
74 | |
|
SECTION 10.04. Additional Lender Groups |
76 | |
|
SECTION 10.05. Consent to Jurisdiction |
77 | |
|
SECTION 10.06. WAIVER OF JURY TRIAL |
77 | |
|
SECTION 10.07. Right of Setoff |
77 | |
|
SECTION 10.08. Ratable Payments |
77 | |
|
SECTION 10.09. Limitation of Liability |
78 | |
|
SECTION 10.10. Costs, Expenses and Taxes |
78 | |
|
SECTION 10.11. No Proceedings |
79 | |
|
SECTION 10.12. Confidentiality |
79 | |
|
SECTION 10.13. No Waiver; Remedies |
80 | |
|
SECTION 10.14. GOVERNING LAW |
81 | |
|
SECTION 10.15. Execution in Counterparts |
81 | |
|
SECTION 10.16. Integration; Binding Effect; Survival of Termination |
||
|
End of Preview |
Home Intelligence Services Subscriptions News About Us