Defined Terms 1. Section 1.1
Defined Terms 1. Section 1.02.
Defined Terms 1. SECTION 1.1 Definitions 1 SECTION 1.2 Other Definitional Provisions 2 SECTION 2.1 Guaranty 2 SECTION 2.2 Bankruptcy Limitations on each Guarantor 2 SECTION 2.3 Agreements for Contribution 3 SECTION 2.4 Nature of Guaranty 4 SECTION 2.5 Waivers 5 SECTION 2.6 Modification of Loan Documents, etc 5 SECTION 2.7 Demand by the Administrative Agent 6 SECTION 2.8 Remedies 6 SECTION 2.9 Benefits of Guaranty 6 SECTION 2.10 Termination; Reinstatement 7 SECTION 2.11 Payments 7 SECTION 3.1 Existence 7 SECTION 3.2 Authorization of Agreement; Enforceability 8 SECTION 3.3 No Conflict; Consents 8 SECTION 3.4 Litigation 8 SECTION 3.5 Title to Assets 8 SECTION 3.6 Solvency 8 SECTION 3.7 Compliance with the Credit Agreement 8 SECTION 4.1 Amendments, Waivers and Consents 9 SECTION 4.2 Notices 9 SECTION 4.3 Enforcement Expenses, Indemnification 9 SECTION 4.4 Governing Law 9 SECTION 4.5 Jurisdiction and Venue 9 SECTION 4.6 Binding Arbitration; Waiver of Jury Trial 10 SECTION 4.7 Injunctive Relief, Punitive Damages 11 SECTION 4.8 No Waiver by Course of Conduct, Cumulative Remedies 11 SECTION 4.9 Successors and Assigns 11 SECTION 4.10 Severability 12 SECTION 4.11 Titles and Captions 12 SECTION 4.12 Counterparts 12 SECTION 4.13 Set-Off 12 SECTION 4.14. Integration 12 SECTION 4.15. Acknowledgements 12 SECTION 4.16. Releases 13 SECTION 4.17 Additional Guarantors 13 GUARANTY AGREEMENT, dated as of June 17, 2011 made by certain Subsidiaries (collectively, the “Guarantors”, each, a “Guarantor”) of BLACKBAUD, INC., a Delaware corporation (the “Borrower”), in favor of XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (in such capacity, the “Administrative Agent”) for the ratable benefit of itself and the financial institutions (the “Lenders”) from time to time parties to the Credit Agreement, dated of even date herewith (as amended, restated, supplemented or otherwise modified, the “Credit Agreement”), by and among the Borrower, the Lenders and the Administrative Agent.
Defined Terms 1. Section 1.02. Terms Generally 35 Section 1.03. Effectuation of Transfers 36 Section 1.04. Divisions 36 Section 1.05. Suspension Provisions 36 Section 1.06. Limited Acquisition Determinations 36 Section 2.01. Commitments 37 Section 2.02. Loans and Borrowings 37 Section 2.03. Requests for Borrowings 37 Section 2.04. Funding of Borrowings 38 Section 2.05. Interest Elections 38 Section 2.06. Termination of Commitments 40 Section 2.07. Evidence of Debt 40 Section 2.08. Repayment of Loans 40 Section 2.09. Prepayment of Loans 41 Section 2.10. Fees 42 Section 2.11. Interest 43 Section 2.12. Alternate Rate of Interest 43 Section 2.13. Increased Costs 44 Section 2.14. Break Funding Payments 45
Defined Terms 1. Section 1.1. Interpretation 1 Section 1.2. Definitions 1 Section 1.3. Headings 19 Section 1.4. Intent of the Parties 19 Section 2.1. The EMEA 19 Section 2.2. Canada 27 Section 2.3. Latin America 30 Section 2.4. Far East 30 Section 2.5. Amendment of Prior Agreements and S-P ECLAFE License Agreements 34 Section 2.6. Certain Contract Manufacturing Agreements 37 Section 2.7. Toll Packaging Rights 37 Section 3.1. Worldwide Oversight Committee 39 Section 3.2. Management of the EMEA 40 Section 3.3. Management of Canada 47 Section 3.4. Management of Latin America 47 Section 3.5. Management of the Far East – Co-Marketing Countries 49 Section 3.6. Management of the Far East Board Countries 51
Defined Terms 1. Section 1.01. “Account” 1 Section 1.02. “Affiliate” 2 Section 1.03. “Agreement” 2 Section 1.04. “Authorized Person(s)” 2 Section 1.05. “Bank Account” 2 Section 1.06. “Banking Institution” 2 Section 1.07. “Board” 2 Section 1.08. “Business Day” 2 Section 1.09. “Commission” 2 Section 1.10. “DR” 3 Section 1.11. “Domestic Subcustodian” 3 Section 1.12. “Eligible Securities Depository” 3 Section 1.13. “Foreign Subcustodian” 3 Section 1.14. “Fund” 3 Section 1.15. “Institutional Client” 4 Section 1.16. “Interest Bearing Deposits” 4 Section 1.17. “Investment Company Act” 4 Section 1.18. “Loans” 4 Section 1.19. “Overdraft” 4 Section 1.20. “Overdraft Notice” 4 Section 1.21. “Person” 4 Section 1.22. “Procedural Agreement” 4 Section 1.23. “Proper Instructions” 4 Section 1.24. “Property” 5 Section 1.25. “Securities System” 5 Section 1.26. “Segregated Account” 5 Section 1.27. “Series” 6 Section 1.28. “Shareholder Servicing Agent” 6 Section 1.29. “Shares” 6 Section 1.30. “Subcustodian” 6 Section 1.31. “Terminating Fund” 6 ARTICLE II. APPOINTMENT OF CUSTODIAN 6
Defined Terms 1. SECTION 1.1. Terms Defined in the Uniform Commercial Code. 1
Defined Terms 1. Section 1.02. Classification of Loans and Borrowings 67
Defined Terms 1. Section 1.1 Definitions 1 Section 1.2 Other Definitional Provisions 6 ARTICLE 2. GUARANTEE 6 Section 2.1 Guarantee 6 Section 2.2 Right of Contribution 7 Section 2.3 No Subrogation 7 Section 2.4 Amendments, etc 8 Section 2.5 Guarantee Absolute and Unconditional 8 Section 2.6 Payments 9 ARTICLE 3. GRANT OF SECURITY INTEREST 9 Section 3.1 Grant of Security Interest 9 Section 3.2 Transfer of Pledged Securities 11 ARTICLE 4. REPRESENTATIONS AND WARRANTIES 11 Section 4.1 Title; No Other Liens 11 Section 4.2 Perfected First Priority Liens 11 Section 4.3 Jurisdiction of Organization; Chief Executive Office 11 Section 4.4 Investment Property 12 Section 4.5 Receivables 13 Section 4.6 Commercial Tort Claims 13 Section 4.7 Deposit Accounts, Security Accounts and Commodity Accounts 13 ARTICLE 5. COVENANTS 13 Section 5.1 Delivery of Instruments, Certificated Securities and Chattel Paper 13 Section 5.2 Maintenance of Insurance 14 Section 5.3 Maintenance of Perfected Security Interest; Further Documentation 14 Section 5.4 Changes in Name, etc 14 Section 5.5 Notices 14 Section 5.6 Investment Property 15
Defined Terms 1. Section 1.1 Definitions 1 ARTICLE 2 FORMATION AND TERM 14 Section 2.1 Formation 14 Section 2.2 Name 15 Section 2.3 Term 15 Section 2.4 Registered Agent and Office 15 Section 2.5 Principal Place of Business 15 Section 2.6 Qualification in Other Jurisdictions 15
