Reduction of Commitment Prepayment of Loans and Mandatory Amortization Amounts. 65 Section 2.06 Fees; Prepayment Premium and Exit Fee 69 Section 2.07 Taxes 69 Section 2.08 Tax Treatment 72 Section 2.09 Increased Costs and Reduced Return 73 Section 2.10 Changes in Law; Impracticability or Illegality 74 Section 2.11 LIBOR Option 74 Section 2.12 Funding Losses 77 ARTICLE III BORROWING BASE AND ELIGIBILITY ADVANCES 77 Section 3.01 Effective Date Borrowing Base Certificate 77 Section 3.02 Borrowing Base Certificates 78 Section 3.03 Over Advances 78 Section 3.04 Reserves 79 Section 3.05 Field Examination and Appraisals 79 ARTICLE IV PAYMENTS AND OTHER COMPENSATION 80 Section 4.01 Payments; Computations and Statements 80 Section 4.02 Sharing of Payments, Defaulting Lenders, Etc. 81 Section 4.03 Apportionment of Payments 82 ARTICLE V CONDITIONS TO LOANS 83 Section 5.01 Conditions Precedent to Effectiveness 83 Section 5.02 UK Conditions Precedent to Effectiveness 87 Section 5.03 Conditions Precedent to All Term Loans 88 ARTICLE VI REPRESENTATIONS AND WARRANTIES 90 Section 6.01 Representations and Warranties 90 ARTICLE VII COVENANTS OF THE LOAN PARTIES 100 Section 7.01 Affirmative Covenants 100 - i - KL2 3287103.6 Section 7.02 Negative Covenants 114 Section 7.03 Financial Covenants 124 ARTICLE VIII CASH MANAGEMENT AND OTHER COLLATERAL MATTERS 125 Section 8.01 Cash Management Arrangements 125 ARTICLE IX EVENTS OF DEFAULT 125 Section 9.01 Events of Default 125 ARTICLE X AGENTS 130 Section 10.01 Appointment 130 Section 10.02 Nature of Duties; Delegation 131 Section 10.03 Rights, Exculpation, Etc. 132 Section 10.04 Reliance 134 Section 10.05 Indemnification 134 Section 10.06 Agents Individually 135 Section 10.07 Successor Agent 135 Section 10.08 Collateral Matters 136 Section 10.09 Agency for Perfection 138 Section 10.10 No Reliance on any Agent’s Customer Identification Program 138 Section 10.11 No Third Party Beneficiaries 138 Section 10.12 No Fiduciary Relationship 138 Section 10.13 Collateral Custodian 139 Section 10.14 Collateral Agent May File Proofs of Claim 139 Section 10.15 Withholding Taxes 140 Section 10.16 Parallel Debt 140 ARTICLE XI GUARANTY 141 Section 11.01 Guaranty 141 Section 11.02 Guaranty Absolute 142 Section 11.03 Waiver 143 Section 11.04 Continuing Guaranty; Assignments 143 Section 11.05 Subrogation 143 Section 11.06 Contribution 144 ARTICLE XII MISCELLANEOUS 145 Section 12.01 Notices, Etc. 145 Section ...
Reduction of Commitment Prepayment of Loans and Mandatory Amortization Amounts
