Commitment Increase Supplement
Exhibit 10.67
SUPPLEMENT, dated December 27, 2007, to Revolving Credit Agreement, dated as of March 29, 2007
(as the same may be amended, modified, supplemented, restated or replaced from time to time, the
“Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as
therein defined), among International Transmission Company, a Michigan limited liability company
(“ITC”), Michigan Electric Transmission Company, LLC, a Michigan corporation (“METC” and together
with ITC, the “Borrowers”), the Lenders, and JPMorgan Chase Bank, N.A., as the Administrative
Agent.
WITNESSETH:
WHEREAS, the Credit Agreement provides in Section 4.3(d) thereof that any Lender with (when
applicable) the consent of the Borrowers may increase the amount of its Commitment by executing and
delivering to the Borrowers and the Administrative Agent a supplement to the Credit Agreement in
substantially the form of this Supplement; and
WHEREAS, the undersigned now desires to increase the amount of its Commitment under the Credit
Agreement;
NOW THEREFORE, the undersigned hereby agrees as follows:
1. The undersigned agrees, subject to the terms and conditions of the Credit Agreement,
that on the effective date of this Supplement, it shall have its Commitment increased by
$4,750,000.00, thereby making the amount of its Commitment $30,636,792.45.
2. Terms defined in the Credit Agreement shall have their defined meanings when used
herein.
[Remainder of page intentionally left blank]
IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and
delivered by a duly authorized officer on the date first above written.
| JPMORGAN CHASE BANK, N.A. |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
Accepted this 27th day of December, 2007.
| INTERNATIONAL TRANSMISSION COMPANY |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
| MICHIGAN ELECTRIC TRANSMISSION COMPANY, LLC |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance
& Chief Financial Officer |
|||
Accepted this 27th day of December, 2007
| JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
SUPPLEMENT, dated December 27, 2007, to Revolving Credit Agreement, dated as of March 29, 2007
(as the same may be amended, modified, supplemented, restated or replaced from time to time, the
“Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as
therein defined), among International Transmission Company, a Michigan limited liability company
(“ITC”), Michigan Electric Transmission Company, LLC, a Michigan corporation (“METC” and together
with ITC, the “Borrowers”), the Lenders, and JPMorgan Chase Bank, N.A., as the Administrative
Agent.
WITNESSETH:
WHEREAS, the Credit Agreement provides in Section 4.3(d) thereof that any Lender with (when
applicable) the consent of the Borrowers may increase the amount of its Commitment by executing and
delivering to the Borrowers and the Administrative Agent a supplement to the Credit Agreement in
substantially the form of this Supplement; and
WHEREAS, the undersigned now desires to increase the amount of its Commitment under the Credit
Agreement;
NOW THEREFORE, the undersigned hereby agrees as follows:
1. The undersigned agrees, subject to the terms and conditions of the Credit Agreement,
that on the effective date of this Supplement, it shall have its Commitment increased by
$4,000,000.00, thereby making the amount of its Commitment $26,188,679.25.
2. Terms defined in the Credit Agreement shall have their defined meanings when used
herein.
[Remainder of page intentionally left blank]
IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by
a duly authorized officer on the date first above written.
| COMERICA BANK |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
Accepted this 27th day of December, 2007.
| INTERNATIONAL TRANSMISSION COMPANY |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
| MICHIGAN ELECTRIC TRANSMISSION COMPANY, LLC |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance
& Chief Financial Officer |
|||
Accepted this 27th day of December, 2007.
| JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
SUPPLEMENT, dated December 27, 2007, to Revolving Credit Agreement, dated as of March 29, 2007
(as the same may be amended, modified, supplemented, restated or replaced from time to time, the
“Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as
therein defined), among International Transmission Company, a Michigan limited liability company
(“ITC”), Michigan Electric Transmission Company, LLC, a Michigan corporation (“METC” and together
with ITC, the “Borrowers”), the Lenders, and JPMorgan Chase Bank, N.A., as the Administrative
Agent.
WITNESSETH:
WHEREAS, the Credit Agreement provides in Section 4.3(d) thereof that any Lender with (when
applicable) the consent of the Borrowers may increase the amount of its Commitment by executing and
delivering to the Borrowers and the Administrative Agent a supplement to the Credit Agreement in
substantially the form of this Supplement; and
WHEREAS, the undersigned now desires to increase the amount of its Commitment under the Credit
Agreement;
NOW THEREFORE, the undersigned hereby agrees as follows:
1. The undersigned agrees, subject to the terms and conditions of the Credit Agreement,
that on the effective date of this Supplement, it shall have its Commitment increased by
$4,000,000.00, thereby making the amount of its Commitment $26,188,679.25.
2. Terms defined in the Credit Agreement shall have their defined meanings when used
herein.
[Remainder of page intentionally left blank]
IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by
a duly authorized officer on the date first above written.
| CREDIT SUISSE, CAYMAN ISLANDS BRANCH |
|||||
| By: | /s/ Xxxxx Xxxx | /s/ XXXXXXXXXX XXXXX | |||
| Name: | Xxxxx Xxxx | XXXXXXXXXX XXXXX | |||
| Title: | Vice President | ASSOCIATE | |||
Accepted this 27th day of December, 2007.
| INTERNATIONAL TRANSMISSION COMPANY |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
| MICHIGAN ELECTRIC TRANSMISSION COMPANY, LLC |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance
& Chief Financial Officer |
|||
Accepted this
27th day of December, 2007.
| JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
SUPPLEMENT, dated December 27, 2007, to Revolving Credit Agreement, dated as of March 29, 2007
(as the same may be amended, modified, supplemented, restated or replaced from time to time, the
“Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as
therein defined), among International Transmission Company, a Michigan limited liability company
(“ITC”), Michigan Electric Transmission Company, LLC, a Michigan corporation (“METC” and together
with ITC, the “Borrowers”), the Lenders, and JPMorgan Chase Bank, N.A., as the Administrative
Agent.
WITNESSETH:
WHEREAS, the Credit Agreement provides in Section 4.3(d) thereof that any Lender with (when
applicable) the consent of the Borrowers may increase the amount of its Commitment by executing and
delivering to the Borrowers and the Administrative Agent a supplement to the Credit Agreement in
substantially the form of this Supplement; and
WHEREAS, the undersigned now desires to increase the amount of its Commitment under the Credit
Agreement;
NOW THEREFORE, the undersigned hereby agrees as follows:
1. The undersigned agrees, subject to the terms and conditions of the Credit Agreement,
that on the effective date of this Supplement, it shall have its Commitment increased by
$4,000,000.00, thereby making the amount of its Commitment $26,188,679.25.
2. Terms defined in the Credit Agreement shall have their defined meanings when used
herein.
[Remainder of page intentionally left blank]
IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by
a duly authorized officer on the date first above written.
| XXXXXX BROTHERS BANK, FSB |
||||
| By: | /s/ Xxxxxx X Xxxxxx | |||
| Name: | Xxxxxx X Xxxxxx | |||
| Title: | Authorized Signatory | |||
Accepted this 27th day of December, 2007.
| INTERNATIONAL TRANSMISSION COMPANY |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
| MICHIGAN ELECTRIC TRANSMISSION COMPANY, LLC |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
Accepted this
27th day of December, 2007.
| JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
SUPPLEMENT, dated December 27, 2007, to Revolving Credit Agreement, dated as of March 29, 2007
(as the same may be amended, modified, supplemented, restated or replaced from time to time, the
“Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as
therein defined), among International Transmission Company, a Michigan limited liability company
(“ITC”), Michigan Electric Transmission Company, LLC, a Michigan corporation (“METC” and together
with ITC, the “Borrowers”), the Lenders, and JPMorgan Chase Bank, N.A., as the Administrative
Agent.
WITNESSETH:
WHEREAS, the Credit Agreement provides in Section 4.3(d) thereof that any Lender with (when
applicable) the consent of the Borrowers may increase the amount of its Commitment by executing and
delivering to the Borrowers and the Administrative Agent a supplement to the Credit Agreement in
substantially the form of this Supplement; and
WHEREAS, the undersigned now desires to increase the amount of its Commitment under the Credit
Agreement;
NOW THEREFORE, the undersigned hereby agrees as follows:
1. The undersigned agrees, subject to the terms and conditions of the Credit Agreement,
that on the effective date of this Supplement, it shall have its Commitment increased by
$2,750,000.00, thereby making the amount of its Commitment $18,599,056.60.
2. Terms defined in the Credit Agreement shall have their defined meanings when used
herein.
[Remainder of page intentionally left blank]
IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by
a duly authorized officer on the date first above written.
| BANK OF AMERICA, N.A. |
||||
| By: | /s/ Xxxxx Xxxxxxxxx | |||
| Name: | Xxxxx Xxxxxxxxx | |||
| Title: | Senior Vice President | |||
Accepted this 27th day of December, 2007.
| INTERNATIONAL TRANSMISSION COMPANY |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
| MICHIGAN ELECTRIC TRANSMISSION COMPANY, LLC |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
Accepted this
27th day of December, 2007.
| JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
SUPPLEMENT, dated December 27, 2007, to Revolving Credit Agreement, dated as of March 29, 2007
(as the same may be amended, modified, supplemented, restated or replaced from time to time, the
“Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as
therein defined), among International Transmission Company, a Michigan limited liability company
(“ITC”), Michigan Electric Transmission Company, LLC, a Michigan corporation (“METC” and together
with ITC, the “Borrowers”), the Lenders, and JPMorgan Chase Bank, N.A., as the Administrative
Agent.
WITNESSETH:
WHEREAS, the Credit Agreement provides in Section 4.3(d) thereof that any Lender with (when
applicable) the consent of the Borrowers may increase the amount of its Commitment by executing and
delivering to the Borrowers and the Administrative Agent a supplement to the Credit Agreement in
substantially the form of this Supplement; and
WHEREAS, the undersigned now desires to increase the amount of its Commitment under the Credit
Agreement;
NOW THEREFORE, the undersigned hereby agrees as follows:
1. The undersigned agrees, subject to the terms and conditions of the Credit Agreement,
that on the effective date of this Supplement, it shall have its Commitment increased by
$2,750,000.00, thereby making the amount of its Commitment $18,599,056.60.
2. Terms defined in the Credit Agreement shall have their defined meanings when used
herein.
[Remainder of page intentionally left blank]
IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by
a duly authorized officer on the date first above written.
| THE BANK OF NEW YORK |
||||
| By: | /s/ Xxxx X. Xxxx | |||
| Name: | Xxxx X. Xxxx | |||
| Title: | Vice President | |||
Accepted this 27th day of December, 2007.
| INTERNATIONAL TRANSMISSION COMPANY |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
| MICHIGAN ELECTRIC TRANSMISSION COMPANY, LLC |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
Accepted this 27th day of December, 2007.
| JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
SUPPLEMENT, dated December 27, 2007, to Revolving Credit Agreement, dated as of March 29, 2007
(as the same may be amended, modified, supplemented, restated or replaced from time to time, the
“Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as
therein defined), among International Transmission Company, a Michigan limited liability company
(“ITC”), Michigan Electric Transmission Company, LLC, a Michigan corporation (“METC” and together
with ITC, the “Borrowers”), the Lenders, and JPMorgan Chase Bank, N.A., as the Administrative
Agent.
WITNESSETH:
WHEREAS, the Credit Agreement provides in Section 4.3(d) thereof that any Lender with (when
applicable) the consent of the Borrowers may increase the amount of its Commitment by executing and
delivering to the Borrowers and the Administrative Agent a supplement to the Credit Agreement in
substantially the form of this Supplement; and
WHEREAS, the undersigned now desires to increase the amount of its Commitment under the Credit
Agreement;
NOW THEREFORE, the undersigned hereby agrees as follows:
1. The undersigned agrees, subject to the terms and conditions of the Credit Agreement,
that on the effective date of this Supplement, it shall have its Commitment increased by
$2,750,000.00, thereby making the amount of its Commitment $18,599,056.60.
2. Terms defined in the Credit Agreement shall have their defined meanings when used
herein.
[Remainder of page intentionally left blank]
IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by
a duly authorized officer on the date first above written.
| XXXXXX XXXXXXX BANK |
||||
| By: | /s/ Xxxxxx Xxxxxx | |||
| Name: | Xxxxxx Xxxxxx | |||
| Title: | Authorized Signatory | |||
Accepted this 27th day of December, 2007.
| INTERNATIONAL TRANSMISSION COMPANY |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
| MICHIGAN ELECTRIC TRANSMISSION COMPANY, LLC |
||||
| By: | /s/ Xxxxxx X. Xxxxxx | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President-Finance & Chief Financial Officer |
|||
Accepted this 27th day of December, 2007
| JPMORGAN CHASE BANK, N.A., as Administrative Agent |
||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Vice President | |||
