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EXHIBIT 4.5
EXHIBIT H
TO THE CREDIT AGREEMENT
FORM OF CAF ADVANCE NOTE
THIS NOTE MAY NOT BE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE TERMS AND
PROVISIONS OF THE SECOND AMENDED AND RESTATED CREDIT AGREEMENT REFERRED TO
BELOW. TRANSFERS OF THIS NOTE MUST BE RECORDED IN THE REGISTER MAINTAINED BY
THE ADMINISTRATIVE AGENT PURSUANT TO THE TERMS OF SUCH SECOND AMENDED AND
RESTATED CREDIT AGREEMENT.
New York, New York
$_______________ April 25, 1997
FOR VALUE RECEIVED, each of the undersigned, Sybron International
Corporation ("Parent"), a Wisconsin corporation, Xxxx Corporation ("Xxxx"), a
Delaware Corporation, and Nalge Nunc International Corporation ("NNI"), a
Delaware Company (each, a "Revolving Credit Borrower"), severally, hereby
unconditionally promises to pay to the order of
_________________________________ (the "Lender") at the office of The Chase
Manhattan Bank located at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, in lawful
money of the United States of America and in immediately available funds, the
principal amount of (a) ____________________________________________ DOLLARS
($___________), or, if less, (b) the aggregate unpaid principal amount of each
CAF Advance which is made by the Lender to such Revolving Credit Borrower
pursuant to subsection 2.4 of the Credit Agreement, as hereinafter defined. The
principal amount of each CAF Advance evidenced hereby shall be payable on the
CAF Advance Maturity Date therefor set forth on the schedule attached hereto and
made a part hereof or on a continuation of such schedule which shall be attached
hereto and made a part hereof (the "Grid"). Each Revolving Credit Borrower,
severally, further agrees to pay interest in like money at such office on the
unpaid principal amount of each CAF Advance made to such Revolving Credit
Lender, at the rate per annum set forth in respect of such CAF Advance on the
Grid, calculated on the basis of a year of 360 days and actual days elapsed from
the Borrowing Date of such CAF Advance until the due date thereof (whether at
the stated maturity, by acceleration or otherwise) and thereafter at the rates
determined in accordance with subsection 2.6(c) of the Credit Agreement.
Interest on each CAF Advance evidenced hereby shall be payable on the date or
dates set forth in respect of such CAF Advance on the Grid. CAF Advances
evidenced by this Note may not be prepaid.
The holder of this Note is authorized to endorse on the Grid the
Borrowing Date, amount, Interest rate, Interest Payment Dates and CAF Advance
Maturity Date in respect of each CAF Advance made pursuant to subsection 2.4 of
the Credit Agreement and each payment of principal with respect thereto. Each
such endorsement shall constitute prima facie evidence of the accuracy of the
information
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endorsed. The failure to make any such endorsement shall not affect the
obligations of the Borrower in respect of such CAF Advance.
This Note is one of the CAF Advance Notes referred to in the Second
Amended and Restated Credit Agreement dated as of April 25, 1997 (as amended,
supplemented or otherwise modified from time to time, the "Credit Agreement"),
among the Parent, the Subsidiary Borrowers, the Lender, the other banks and
financial institutions from time to time parties thereto, Chase Securities Inc.,
as Arranger, and The Chase Manhattan Bank, as Administrative Agent, and is
subject to the provisions of the Credit Agreement.
Upon the occurrence of any one or more of the Events of Default, all
amounts then remaining unpaid on this Note shall become, or may be declared to
be, immediately due and payable, all as provided in the Credit Agreement.
All parties now and hereafter liable with respect to this Note, whether
maker, principal, surety, guarantor, endorser or otherwise, hereby waive
presentment, demand, protest and all other notices of any kind.
Unless otherwise defined herein, terms defined in the Credit Agreement
and used herein shall have the meanings given to them in the Credit Agreement.
THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
SYBRON INTERNATIONAL CORPORATION
By
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Title:
XXXX CORPORATION
By
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Title:
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NALGE NUNC INTERNATIONAL CORPORATION
By
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Title:
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SCHEDULE OF CAF ADVANCES
_________________, Lender
Sybron International Corporation, Revolving Credit Borrower
Second Amended and Restated Credit Agreement dated as of April 25, 1997
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CAF Advance
Borrowing Amount of CAF Interest Payment CAF Advance
Date of CAF Advance Advance Interest Rate Dates Maturity Date Payment Date Authorization
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SCHEDULE OF CAF ADVANCES
_________________, Lender
Xxxx Corporation, Revolving Credit Borrower
Second Amended and Restated Credit Agreement dated as of April 25, 1997
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CAF Advance
Borrowing Amount of CAF Interest Payment CAF Advance
Date of CAF Advance Advance Interest Rate Dates Maturity Date Payment Date Authorization
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SCHEDULE OF CAF ADVANCES
_________________, Lender
Nalge Nunc International Corporation, Revolving Credit Borrower
Second Amended and Restated Credit Agreement dated as of April 25, 1997
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CAF Advance
Borrowing Amount of CAF Interest Payment CAF Advance
Date of CAF Advance Advance Interest Rate Dates Maturity Date Payment Date Authorization
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