Common use of Definitions and Accounting Terms 1 Clause in Contracts

Definitions and Accounting Terms 1. Section 1.1. Certain Defined Terms 1 Section 1.2. Computation of Time Periods 38 Section 1.3. Accounting Terms; Changes in GAAP 38 Section 1.4. Classes and Types of Advances 39 Section 1.5. Miscellaneous 39 Section 1.6. Foreign Currency 39 Section 2.1. Revolving Commitment 41 Section 2.2. Letters of Credit 44 Section 2.3. Swing Line Advances 50 Section 2.4. Advances 53 Section 2.5. Prepayments 55 Section 2.6. Repayment 56 Section 2.7. Fees 56 Section 2.8. Interest 57 Section 2.9. Illegality 58 Section 2.10. Breakage and Other Costs 59 Section 2.11. Increased Costs 59 Section 2.12. Payments and Computations 61 Section 2.13. Taxes 62 Section 2.14. Replacement of Lenders 66 Section 2.15. Increase in Commitments 67 Section 2.16. Defaulting Lender 68 Section 3.1. Conditions Precedent to Effectiveness 70 Section 3.2. Conditions Precedent to Each Borrowing and to Each Issuance, Extension or Renewal of a Letter of Credit 73 Section 3.3. Determinations Under Sections 3.1 and 3.2 74 Section 4.1. Organization 74 Section 4.2. Authorization 74 Section 4.3. Enforceability 74 Section 4.4. Financial Condition 75 Section 4.5. Ownership and Liens; Real Property 75 Section 4.6. True and Complete Disclosure 75 Section 4.7. Litigation 75 Section 4.8. Compliance with Agreements 76 Section 4.9. Pension Plans 76 Section 4.10. Environmental Condition 76 Section 4.11. Subsidiaries 77 Section 4.12. Investment Company Act 77 Section 4.13. Taxes 77 Section 4.14. Permits, Licenses, etc 77 Section 4.15. Use of Proceeds 78 Section 4.16. Condition of Property; Casualties 78 Section 4.17. Insurance 78 Section 4.18. Security Interest 78 Section 4.19. Pro Forma Compliance with Senior Secured Leverage Ratio 78 Section 4.20. Solvency 78 Section 4.21. Senior Indebtedness 78 Section 4.22. Anti-Corruption Laws and Sanctions 79 Section 5.1. Organization 79 Section 5.2. Reporting 79 Section 5.3. Insurance 82 Section 5.4. Compliance with Laws and Sanctions 83 Section 5.5. Taxes 83 Section 5.6. Anti-Corruption; Sanctions 83 Section 5.7. Security 83 Section 5.8. New Subsidiaries; Designations with Respect to Subsidiaries 84 Section 5.9. Records; Inspection 85 Section 5.10. Maintenance of Property 85 Section 5.11. Field Exams 85 Section 5.12. Post-Closing 86

Definitions and Accounting Terms 1. Section 1.1. Certain 1.1 Defined Terms 1 Section 1.2. 1.2 Computation of Time Periods 38 14 Section 1.3. 1.3 Accounting Terms; Changes in GAAP 38 Terms 15 Section 1.4. Classes and Types of Advances 39 1.4 Certain Terms 15 ARTICLE II AMOUNTS AND TERMS OF THE LOANS 15 Section 1.5. Miscellaneous 39 2.1 The Term Loans 15 Section 1.6. Foreign Currency 39 2.2 Making the Loans 16 Section 2.1. Revolving Commitment 41 2.3 Repayment 16 Section 2.2. Letters of Credit 44 2.4 Prepayments 16 Section 2.3. Swing Line Advances 50 2.5 Interest 17 Section 2.4. Advances 53 Section 2.5. Prepayments 55 Section 2.6. Repayment 56 Section 2.7. Fees 56 Section 2.8. Interest 57 Section 2.9. Illegality 58 Section 2.10. Breakage and Other Costs 59 Section 2.11. Increased Costs 59 Section 2.12. 2.6 Payments and Computations 61 17 Section 2.13. 2.7 Application of Payments 17 Section 2.8 Taxes 62 17 ARTICLE III CONDITIONS OF LENDING 18 Section 2.14. Replacement of Lenders 66 Section 2.15. Increase in Commitments 67 Section 2.16. Defaulting Lender 68 Section 3.1. 3.1 Conditions Precedent to Effectiveness 70 Interim Loans 18 Section 3.2. 3.2 Conditions Precedent to Term Loans Under Final Financing Order 18 Section 3.3 Conditions Precedent to Each Borrowing and to Each Issuance, Extension or Renewal of a Letter of Credit 73 Loan 20 ARTICLE IV REPRESENTATIONS AND WARRANTIES 20 Section 3.3. Determinations Under Sections 3.1 and 3.2 74 Section 4.1. Organization 74 Section 4.2. Authorization 74 Section 4.3. Enforceability 74 Section 4.4. Financial Condition 75 Section 4.5. Ownership and Liens; Real Property 75 Section 4.6. True and Complete Disclosure 75 Section 4.7. Litigation 75 Section 4.8. 4.1 Corporate Existence: Compliance with Agreements 76 Law 20 Section 4.9. Pension Plans 76 4.2 Corporate Power: Authorization: Enforceable Obligations 21 Section 4.10. Environmental Condition 76 4.3 Ownership of Subsidiaries 21 Section 4.11. Subsidiaries 77 4.4 Secured, Super Priority Obligations 22 Section 4.12. Investment Company Act 77 Section 4.13. Taxes 77 Section 4.14. Permits, Licenses, etc 77 Section 4.15. 4.5 Use of Proceeds 78 22 Section 4.16. Condition of Property; Casualties 78 4.6 Intellectual Property 23 Section 4.17. Insurance 78 4.7 Pledged Collateral 23 ARTICLE V AFFIRMATIVE COVENANTS 24 Section 4.18. Security Interest 78 Section 4.19. Pro Forma 5.1 Compliance with Senior Laws., Etc. 24 Section 5.2 Maintenance of Existence 24 Section 5.3 Access 24 Section 5.4 Keeping of Books 25 Section 5.5 Use of Proceeds 25 Section 5.6 Further Assurances 25 Section 5.7 Secured Leverage Ratio 78 Indebtedness 25 ARTICLE VI NEGATIVE COVENANTS 25 Section 4.20. Solvency 78 6.1 Liens, Etc 25 Section 4.21. Senior 6.2 Indebtedness 78 26 Section 4.22. Anti-Corruption Laws and Sanctions 79 6.3 Mergers, Sale of Assets, Etc 26 Section 5.1. Organization 79 6.4 Investments 26 Section 5.2. Reporting 79 6.5 Restricted Payments 27 Section 5.3. Insurance 82 6.6 Transactions With Affiliates 27 Section 5.4. Compliance with Laws and Sanctions 83 6.7 Capital Expenditures 27 Section 5.5. Taxes 83 6.8 Amendment of Charter or Bylaws 27 Section 5.6. Anti-Corruption6.9 Prohibition on No Shop Clauses 27 ARTICLE VII TERMINATION 28 Section 7.1 Termination; Sanctions 83 Acceleration 28 Section 5.7. 7.2 Standstill Period: Exercise of Remedies 28 Section 7.3 Commitment Fee 28 Section 7.4 Other Termination 29 ARTICLE VIII GUARANTY 30 Section 8.1 The Guaranty 30 Section 8.2 Nature of Liability 30 Section 8.3 Independent Obligation 30 Section 8.4 Authorization 31 Section 8.5 Reliance 31 Section 8.6 Subordination 31 Section 8.7 Waiver 32 ARTICLE IX SECURITY 32 Section 9.1 Security 83 32 Section 5.8. New Subsidiaries; Designations 9.2 Perfection of Security Interests 34 Section 9.3 Rights of Lenders: Limitations on Lenders’ Obligations 34 Section 9.4 Covenants of the Grantors with Respect to Collateral 35 Section 9.5 Performance by Administrative Agent of the Grantors’ Obligations 39 Section 9.6 Limitation on Administrative Agent’s Duty in Respect of Collateral 39 Section 9.7 Remedies, Rights Upon Event of Default 39 Section 9.8 The Appointment of Administrative Agent as Attorney-in-Fact 42 Section 9.9 FCC-Related Requirements of Law 43 ARTICLE X MISCELLANEOUS 44 Section 10.1 Amendments, Etc 44 Section 10.2 Notices, Etc 44 Section 10.3 No Waiver: Remedies 46 Section 10.4 Costs: Expenses: Indemnities 46 Section 10.5 Right of Set-off 46 Section 10.6 Binding Effect 47 Section 10.7 Governing Law 47 Section 10.8 Section Titles 47 Section 10.9 Execution in Counterparts 47 Section 10.10 Entire Agreement 47 Section 10.11 Confidentiality 47 Section 10.12 Jurisdiction 48 Section 10.13 Waiver of Jury Trial 48 Section 10.14 Non-Assignment 48 ARTICLE XI ADMINISTRATIVE AGENT 48 Section 11.1 Appointment and Authorization of Administrative Agent 48 Section 11.2 Delegation of Duties 49 Section 11.3 Liability of Administrative Agent 49 Section 11.4 Reliance by Administrative Agent 49 Section 11.5 Notice of Default 50 Section 11.6 Credit Decision; Disclosure of Information by Administrative Agent 50 Section 11.7 Administrative Agent in its Individual Capacity 50 Section 11.8 Administrative Agent May File Proofs of Claim 51 Section 11.9 Collateral and Guaranty Matters 51 Section 11.10 Payments to Lenders 52 Section 11.11 Notices 52 Section 11.12 Sharing of Payments 52 ARTICLE XII REQUIRED CONSENTS; RIGHTS OF PARTICIPANTS 52 Section 12.1 Required Lenders Consents 52 Section 12.2 Unanimous Consent of the Lenders 52 Section 12.3 Right of Lenders to Bring Action for Repayment 53 SCHEDULES Schedule 1 - FCC Licenses Schedule 4.1 - Corporate Existence; Compliance with Law Schedule 4.2 - Corporate Power; Authorization; Enforceable Obligation Schedule 4.3 - Ownership of Subsidiaries 84 Section 5.9Schedule 4.6 - Intellectual Property Schedule 4.7 - Pledged Collateral EXHIBITS Exhibit A-1 - Form of Term Loan Note Exhibit A-2 - Form of Term PIK Interest Note Exhibit B - Form of Approved Budget Exhibit C-1 - Form of Interim Financing Order Exhibit C-2 - Form of Final Financing Order Exhibit D - Form of Notice of Borrowing SECURED SUPER-PRIORITY DEBTOR IN POSSESSION CREDIT AGREEMENT, dated as of February 24, 2003, between GLOBALSTAR, L.P., a Delaware limited partnership, as debtor and debtor in possession under chapter 11 of the Bankruptcy Code (as hereinafter defined) (the “Borrower”), the Subsidiaries (as defined below) of the Borrower listed on the signature pages hereto as Guarantors, as debtors and debtors in possession under chapter 11 of the Bankruptcy Code (the “Guarantors”) and ICO INVESTMENT CORP., BLUE RIVER CAPITAL LLC, IRIDIUM INVESTORS, LLC, LOEB PARTNERS CORP. Records; Inspection 85 Section 5.10. Maintenance of Property 85 Section 5.11. Field Exams 85 Section 5.12. Post-Closing 86and COLUMBIA VENTURES CORPORATION (collectively, the “Lenders”).

Definitions and Accounting Terms 1. Section 1.1. 1.1 Certain Defined Terms 1 Section 1.2. 1.2 Computation of Time Periods 38 35 Section 1.3. 1.3 Accounting Terms; Changes in GAAP 38 35 Section 1.4. 1.4 Classes and Types of Advances 39 36 Section 1.51.5 Other Interpretive Provisions 36 Section 1.6 Exchange Rates; Currency Equivalents 37 Section 1.7 Agreed Currencies 37 Section 1.8 Change of Currency 38 Section 1.9 Several Obligations of Borrowers 38 Section 2.1 Commitments. Miscellaneous 39 38 Section 1.6. Foreign Currency 39 2.2 Evidence of Indebtedness 42 Section 2.1. Revolving Commitment 41 Section 2.2. 2.3 Letters of Credit 44 43 Section 2.3. Swing Line 2.4 Swingline Advances 50 Section 2.4. Advances 2.5 Bankers’ Acceptances 53 Section 2.5. Prepayments 2.6 Borrowings; Procedures and Limitations 55 Section 2.6. 2.7 Prepayments; Defeasance 61 Section 2.8 Repayment 56 64 Section 2.7. 2.9 Fees 56 64 Section 2.8. 2.10 Interest 57 65 Section 2.9. 2.11 Illegality 58 66 Section 2.10. 2.12 Breakage and Other Costs 59 67 Section 2.11. 2.13 Increased Costs 59 67 Section 2.12. 2.14 Payments and Computations 61 69 Section 2.13. 2.15 Taxes 62 72 Section 2.14. 2.16 Replacement of Lenders 66 74 Section 2.15. Increase in Commitments 67 2.17 Settlement 75 Section 2.16. Defaulting Lender 68 2.18 Method of Payment 76 Section 3.1. 2.19 Crediting Payments 77 Section 2.20 Designated Account 77 Section 2.21 Maintenance of Loan Account; Statements of Obligations 77 Section 2.22 Optional Overadvances 77 Section 3.1 Conditions Precedent to Effectiveness 70 78 Section 3.2. 3.2 Conditions Precedent to Each Borrowing and to Each Issuance, Credit Extension or Renewal of a Letter of Credit 73 80 Section 3.3. 3.3 Determinations Under Sections 3.1 and 3.2 74 81 Section 4.1. 4.1 Organization 74 81 Section 4.2. 4.2 Authorization 74 81 Section 4.3. 4.3 Enforceability 74 82 Section 4.4. 4.4 Financial Condition 75 82 Section 4.5. 4.5 Ownership and Liens; Real Property 75 82 Section 4.6. 4.6 True and Complete Disclosure 75 82 Section 4.7. 4.7 Litigation 75 83 Section 4.8. 4.8 Compliance with Agreements 76 83 Section 4.9. 4.9 Pension Plans 76 83 Section 4.10. 4.10 Environmental Condition 76 84 Section 4.11. 4.11 Subsidiaries 77 84 Section 4.12. 4.12 Investment Company Act 77 84 Section 4.13. 4.13 Collateral Issues 84 Section 4.14 Taxes 77 85 Section 4.14. 4.15 Permits, Licenses, etc 77 86 Section 4.15. 4.16 Use of Proceeds 78 86 Section 4.16. 4.17 Condition of Property; Casualties 78 86 Section 4.17. 4.18 Insurance 78 86 Section 4.18. Security Interest 78 4.19 Labor Agreements 86 Section 4.19. Pro Forma Compliance with Senior Secured Leverage Ratio 78 4.20 OFAC 86 Section 4.20. Solvency 78 4.21 Patriot Act 86 Section 4.21. Senior Indebtedness 78 5.1 Organization 87 Section 4.22. Anti-Corruption Laws and Sanctions 79 5.2 Reporting 87 Section 5.1. Organization 79 5.3 Insurance 89 Section 5.2. Reporting 79 Section 5.3. Insurance 82 Section 5.4. 5.4 Compliance with Laws and Sanctions 83 90 Section 5.5. 5.5 Taxes 83 90 Section 5.6. Anti-Corruption; Sanctions 83 5.6 Additional Guarantors 90 Section 5.7. 5.7 Security 83 91 Section 5.8. New Subsidiaries; Designations with Respect to Subsidiaries 84 Section 5.9. 5.8 Records; Inspection 85 91 Section 5.10. 5.9 Maintenance of Property 85 91 Section 5.11. Field Exams 85 5.10 Location of Equipment; Collateral Access Agreements 92 Section 5.12. 5.11 Material Real Properties 92 Section 6.1 Debt 92 Section 6.2 Liens 93 Section 6.3 Investments 94 Section 6.4 Acquisitions 95 Section 6.5 Agreements Restricting Liens; Negative Pledge 95 Section 6.6 Use of Proceeds; Use of Letters of Credit 96 Section 6.7 Corporate Actions 96 Section 6.8 Sale of Assets 96 Section 6.9 Restricted Payments 97 Section 6.10 Affiliate Transactions 97 Section 6.11 Line of Business 98 Section 6.12 Hazardous Materials 98 Section 6.13 Compliance with ERISA 98 Section 6.14 Sale and Leaseback Transactions 98 Section 6.15 Controlled Investments 99 Section 6.16 Limitation on Hedging 99 Section 6.17 Capital Expenditures 99 Section 6.18 Fixed Charge Coverage Ratio 99 Section 6.19 Amendment of Permitted Subordinated Debt Terms 99 Section 6.20 Non-Guarantor Subsidiaries and Minority Investments 100 Section 6.21 Post-Closing 86Requirements 100

Definitions and Accounting Terms 1. Section 1.1. Certain Defined Terms 1 Section 1.2. 1.2 Computation of Time Periods 38 30 Section 1.3. 1.3 Accounting Terms; Changes in GAAP 38 30 Section 1.4. 1.4 Classes and Types of Advances 39 30 Section 1.5. Miscellaneous 39 1.5 Other Interpretive Provisions 30 Section 1.6. Foreign 1.6 Exchange Rates; Currency 39 Equivalents 31 Section 2.1. Revolving Commitment 41 1.7 Agreed Currencies 31 Section 2.2. 1.8 Change of Currency 32 Section 1.9 Several Obligations of Borrowers 32 Section 2.1 Commitments 33 Section 2.2 Evidence of Indebtedness 36 Section 2.3 Letters of Credit 44 37 Section 2.3. Swing Line 2.4 Swingline Advances 50 43 Section 2.4. Advances 53 2.5 Bankers’ Acceptances 46 Section 2.5. Prepayments 55 2.6 Borrowings; Procedures and Limitations 48 Section 2.6. 2.7 Prepayments; Defeasance 54 Section 2.8 Repayment 56 Section 2.7. Fees 56 Section 2.8. Interest 57 Section 2.9. Illegality 2.9 Fees 57 Section 2.10 Interest 58 Section 2.10. 2.11 Illegality 60 Section 2.12 Breakage and Other Costs 59 60 Section 2.11. 2.13 Increased Costs 59 60 Section 2.12. 2.14 Payments and Computations 61 Section 2.13. Taxes 62 Section 2.14. 2.15 Taxes 65 Section 2.16 Replacement of Lenders 66 Section 2.15. Increase in Commitments 67 Section 2.16. Defaulting Lender 68 Section 3.1. 3.1 Conditions Precedent to Effectiveness 70 69 Section 3.2. 3.2 Conditions Precedent to Each Borrowing and to Each Issuance, Credit Extension or Renewal of a Letter of Credit 73 71 Section 3.3. 3.3 Determinations Under Sections 3.1 and 3.2 74 71 Section 4.1. 4.1 Organization 74 72 Section 4.2. 4.2 Authorization 74 72 Section 4.3. 4.3 Enforceability 74 72 Section 4.4. 4.4 Financial Condition 75 72 Section 4.5. 4.5 Ownership and Liens; Real Property 75 73 Section 4.6. 4.6 True and Complete Disclosure 75 73 Section 4.7. 4.7 Litigation 75 73 Section 4.8. 4.8 Compliance with Agreements 76 73 Section 4.9. 4.9 Pension Plans 76 73 Section 4.10. 4.10 Environmental Condition 76 74 Section 4.11. 4.11 Subsidiaries 77 75 Section 4.12. 4.12 Investment Company Act 77 75 Section 4.13. 4.13 Public Utility Holding Company Act 75 Section 4.14 Taxes 77 75 Section 4.14. 4.15 Permits, Licenses, etc 77 75 Section 4.15. 4.16 Use of Proceeds 78 75 Section 4.16. 4.17 Condition of Property; Casualties 78 75 Section 4.17. 4.18 Insurance 76 Section 4.19 Labor Agreements 76 Section 5.1 Organization 76 Section 5.2 Reporting 76 Section 5.3 Insurance 78 Section 4.18. Security Interest 78 Section 4.19. Pro Forma 5.4 Compliance with Laws 79 Section 5.5 Taxes 79 Section 5.6 Additional Guarantors 80 Section 5.7 Security 80 Section 5.8 Records; Inspection 80 Section 5.9 Maintenance of Property 80 Section 5.10 Landlord Agreements 81 Section 5.11 Material Real Properties 81 Section 6.1 Debt 81 Section 6.2 Liens 82 Section 6.3 Investments 83 Section 6.4 Acquisitions 84 Section 6.5 Agreements Restricting Liens; Negative Pledge 84 Section 6.6 Use of Proceeds; Use of Letters of Credit 84 Section 6.7 Corporate Actions 84 Section 6.8 Sale of Assets 85 Section 6.9 Restricted Payments 85 Section 6.10 Affiliate Transactions 86 Section 6.11 Line of Business 86 Section 6.12 Hazardous Materials 86 Section 6.13 Compliance with ERISA 86 Section 6.14 Sale and Leaseback Transactions 87 Section 6.15 Operating Leases 87 Section 6.16 Limitation on Hedging 87 Section 6.17 Capital Expenditures 87 Section 6.18 Leverage Ratio 88 Section 6.19 Senior Secured Leverage Ratio 78 88 Section 4.20. Solvency 78 6.20 Consolidated Interest Coverage Ratio 88 Section 4.21. Senior Indebtedness 78 6.21 Landlord Agreements 88 Section 4.22. Anti6.22 Amendment of Permitted Subordinated Debt Terms 88 Section 6.23 Non-Corruption Laws Guarantor Subsidiaries and Sanctions 79 Minority Investments 88 Section 5.1. Organization 79 7.1 Events of Default 89 Section 5.2. Reporting 79 7.2 Optional Acceleration of Maturity 90 Section 5.3. Insurance 82 7.3 Automatic Acceleration of Maturity 91 Section 5.4. Compliance with Laws and Sanctions 83 7.4 Set-off 91 Section 5.5. Taxes 83 7.5 Remedies Cumulative, No Waiver 92 Section 5.6. Anti-Corruption; Sanctions 83 7.6 Application of Payments 92 Section 5.7. Security 83 Section 5.8. New Subsidiaries; Designations with Respect to Subsidiaries 84 Section 5.9. Records; Inspection 85 Section 5.10. Maintenance of Property 85 Section 5.11. Field Exams 85 Section 5.12. Post-Closing 867.7 Currency Conversion After Maturity 94

Definitions and Accounting Terms 1. Section 1.1. 1.1 Certain Defined Terms 1 Section 1.2. 1.2 Computation of Time Periods 38 27 Section 1.3. 1.3 Accounting Terms; Changes in GAAP 38 27 Section 1.4. 1.4 Classes and Types of Advances 39 27 Section 1.51.5 Other Interpretive Provisions 27 Section 1.6 Exchange Rates; Currency Equivalents 28 Section 1.7 Agreed Currencies 28 Section 1.8 Change of Currency 29 Section 1.9 Several Obligations of Borrowers 29 ARTICLE II CREDIT FACILITIES 30 Section 2.1 Commitments. Miscellaneous 39 30 Section 1.6. Foreign Currency 39 2.2 Evidence of Indebtedness 32 Section 2.1. Revolving Commitment 41 Section 2.2. 2.3 Letters of Credit 44 33 Section 2.3. Swing Line 2.4 Swingline Advances 50 39 Section 2.4. Advances 2.5 Bankers' Acceptances 41 Section 2.6 Borrowings; Procedures and Limitations 43 Section 2.7 Prepayments; Defeasance 49 Section 2.8 Repayment 51 Section 2.9 Fees 51 Section 2.10 Interest 52 Section 2.11 Illegality 53 Section 2.5. Prepayments 55 2.12 Breakage Costs 54 Section 2.6. Repayment 56 Section 2.7. Fees 56 Section 2.8. Interest 57 Section 2.9. Illegality 58 Section 2.10. Breakage and Other Costs 59 Section 2.11. 2.13 Increased Costs 59 54 Section 2.12. 2.14 Payments and Computations 61 56 Section 2.13. 2.15 Taxes 62 59 Section 2.14. 2.16 Replacement of Lenders 66 61 ARTICLE III CONDITIONS PRECEDENT 63 Section 2.15. Increase in Commitments 67 Section 2.16. Defaulting Lender 68 Section 3.1. 3.1 Conditions Precedent to Effectiveness 70 63 Section 3.2. 3.2 Conditions Precedent to Each Borrowing and to Each Issuance, Credit Extension or Renewal of a Letter of Credit 73 65 Section 3.3. 3.3 Determinations Under Sections 3.1 and 3.2 74 65 ARTICLE IV REPRESENTATIONS AND WARRANTIES 66 Section 4.1. 4.1 Organization 74 66 Section 4.2. 4.2 Authorization 74 66 Section 4.3. 4.3 Enforceability 74 66 Section 4.4. 4.4 Financial Condition 75 66 Section 4.5. 4.5 Ownership and Liens; Real Property 75 67 Section 4.6. 4.6 True and Complete Disclosure 75 67 Section 4.7. 4.7 Litigation 75 67 Section 4.8. 4.8 Compliance with Agreements 76 67 Section 4.9. 4.9 Pension Plans 76 67 Section 4.10. 4.10 Environmental Condition 76 68 Section 4.11. 4.11 Subsidiaries 77 69 Section 4.12. 4.12 Investment Company Act 77 69 Section 4.13. 4.13 Reserved 69 Section 4.14 Taxes 77 69 Section 4.14. 4.15 Permits, Licenses, etc 77 69 Section 4.15. 4.16 Use of Proceeds 78 69 Section 4.16. 4.17 Condition of Property; Casualties 78 69 Section 4.174.18 Insurance 69 Section 4.19 Labor Agreements 70 ARTICLE V AFFIRMATIVE COVENANTS 70 Section 5.1 Organization 70 Section 5.2 Reporting. 70 Section 5.3 Insurance 78 72 Section 4.18. Security Interest 78 Section 4.19. Pro Forma Compliance with Senior Secured Leverage Ratio 78 Section 4.20. Solvency 78 Section 4.21. Senior Indebtedness 78 Section 4.22. Anti-Corruption Laws and Sanctions 79 Section 5.1. Organization 79 Section 5.2. Reporting 79 Section 5.3. Insurance 82 Section 5.4. 5.4 Compliance with Laws and Sanctions 83 73 Section 5.5. 5.5 Taxes 83 73 Section 5.6. Anti-Corruption; Sanctions 83 5.6 Additional Guarantors 73 Section 5.7. 5.7 Security 83 74 Section 5.8. New Subsidiaries; Designations with Respect to Subsidiaries 84 Section 5.9. 5.8 Records; Inspection 85 74 Section 5.10. 5.9 Maintenance of Property 85 74 Section 5.115.10 Landlord Agreements 75 Section 5.11 Material Real Properties 75 ARTICLE VI NEGATIVE COVENANTS 75 Section 6.1 Debt 75 Section 6.2 Liens 76 Section 6.3 Investments 77 Section 6.4 Acquisitions 78 Section 6.5 Agreements Restricting Liens; Negative Pledge 78 Section 6.6 Use of Proceeds; Use of Letters of Credit 78 Section 6.7 Corporate Actions 78 Section 6.8 Sale of Assets 79 Section 6.9 Restricted Payments 79 Section 6.10 Affiliate Transactions 80 Section 6.11 Line of Business 80 Section 6.12 Hazardous Materials 80 Section 6.13 Compliance with ERISA 80 Section 6.14 Sale and Leaseback Transactions 81 Section 6.15 Reserved. Field Exams 85 81 Section 5.12. Post6.16 Limitation on Hedging 81 Section 6.17 Capital Expenditures 81 Section 6.18 Leverage Ratio 81 Section 6.19 Consolidated Interest Coverage Ratio 81 Section 6.20 Landlord Agreements 81 Section 6.21 Amendment of Permitted Subordinated Debt Terms 82 Section 6.22 Non-Closing 86Guarantor Subsidiaries and Minority Investments 82