AMENDMENT NO. 2
EXECUTION
COPY
AMENDMENT
XX. 0
XXXXXXXXX
XX. 0 dated as of August 8, 2008 to the Credit Agreement referred to below
(“Amendment No.
2”), between BRUNSWICK CORPORATION, the Lenders party to such Credit
Agreement executing this Amendment No. 2 on the signature pages hereto and
JPMORGAN CHASE BANK, N.A, in its capacity as Administrative Agent under such
Credit Agreement.
Brunswick
Corporation, certain of its Subsidiaries, the Lenders party thereto and JPMorgan
Chase Bank, N.A., as Administrative Agent, are parties to a Credit Agreement
dated as of April 29, 2005 (as modified and supplemented by Amendment No. 1
thereto dated as of April 20, 2006, the letter agreement dated April 4, 2007 and
as further modified and supplemented and in effect from time to time, the “Credit
Agreement”).
The
Borrower (on behalf of itself and the Subsidiary Obligors) and the Lenders party
hereto wish now to amend the Credit Agreement in certain respects, and
accordingly, the parties hereto hereby agree as follows:
Section
1. Definitions. Except
as otherwise defined in this Amendment No. 2, terms defined in the Credit
Agreement are used herein as defined therein.
Section
2. Amendments. Subject
to the satisfaction of the conditions precedent specified in Section 4
hereof but effective as of the date hereof, the Credit Agreement shall be
amended as follows:
2.01. References
Generally. References in the Credit Agreement (including
references to the Credit Agreement as amended hereby) to “this Agreement” (and
indirect references such as “hereunder”, “hereby”, “herein” and “hereof”) shall
be deemed to be references to the Credit Agreement as amended
hereby.
2.02. Definitions.
A. The
following definitions in Section 1.01 of the Credit Agreement shall be
deleted in their entirety: “Additional Margin”
and “Commitment
Utilization Day”.
B. Section 1.01
of the Credit Agreement shall be amended by amending the following definitions
(to the extent already included in said Section 1.01) and adding the
following definitions in the appropriate alphabetical location (to the extent
not already included in said Section 1.01):
“2007 10-K” has the
meaning set forth in Section 3.06(a).
“Amendment No. 2”
means Amendment No. 2 to this Agreement dated as of August 8, 2008.
“Amendment No. 2 Effective
Date” has the meaning set forth in Amendment No. 2.
“Applicable Rate”
means, for any day, with respect to any Syndicated Eurocurrency Loan, or with
respect to the facility fees or participation fees in respect of Letters of
Credit payable hereunder, as the case may be, the applicable rate per annum set
forth below under the caption “Eurocurrency Spread”, “Facility Fee Rate” or
“Letter of Credit Rate”, respectively, based upon the ratings by Xxxxx’x and
S&P, respectively, applicable on such date to the Index Debt:
Index
Debt Ratings
(S&P/Xxxxx’x)
|
Eurocurrency
Spread
|
Facility
Fee
Rate
|
Letter
of
Credit
Rate
|
|
Category
1
|
≥
A / A2
|
0.67% | 0.08% | 0.67% |
Category
2
|
≥
A- / A3
|
0.90% | 0.10% | 0.90% |
Category
3
|
≥
BBB+ / Baa1
|
1.125% | 0.125% | 1.125% |
Category
4
|
≥
BBB / Baa2
|
1.35% | 0.15% | 1.35% |
Category
5
|
≥
BBB- / Baa3
|
1.55% | 0.20% | 1.55% |
Category
6
|
≥
BB+ / Ba1
|
1.95% | 0.30% | 1.95% |
Category
7
|
<
BB+ / Ba1
|
2.35% | 0.40% |
2.35%
|
For
purposes of the foregoing, (i) if the ratings established or deemed to have
been established by Xxxxx’x and S&P for the Index Debt shall fall within
different Categories that are one Category apart, the Applicable Rate shall be
determined by reference to the Category of the higher of the two ratings;
(ii) if the ratings established or deemed to have been established by
Xxxxx’x and S&P for the Index Debt shall fall within different Categories
that are more than one Category apart, the Applicable Rate shall be determined
by reference to the Category next below that of the higher of the two ratings;
(iii) if only one of Xxxxx’x and S&P shall have in effect a rating for
the Index Debt, the Applicable Rate shall be determined by reference to the
Category of such rating; (iv) if neither Xxxxx’x nor S&P shall have in
effect a rating for the Index Debt (other than by reason of the circumstances
referred to in the last sentence of this definition), then the applicable rating
shall be determined by reference to Category 7; and (v) if the ratings
established or deemed to have been established by Xxxxx’x and S&P for the
Index Debt shall be changed (other than as a result of a change in the rating
system of Xxxxx’x or S&P), such change shall be effective as of the date on
which it is first announced by the applicable rating agency, irrespective of
when notice of such change shall have been furnished by the Company to the
Administrative Agent and the Lenders pursuant to Section 5.01 or
otherwise. Each change in the Applicable Rate shall apply during the
period commencing on the effective date of such change and ending on the date
immediately preceding the effective date of the next such change. If
the rating system of Xxxxx’x or S&P shall change, or if either such rating
agency shall cease to be in the business of rating corporate debt obligations,
the Company and the Lenders shall negotiate in good faith to amend this
definition to reflect such changed rating system or the unavailability of
ratings from such rating agency and, pending the effectiveness of any such
amendment, the Applicable Rate shall be determined by reference to the rating
most recently in effect prior to such change or cessation.
2
"Cash Equivalents"
means:
|
||
(a)
|
direct
obligations of, or obligations the principal of and interest on which are
unconditionally guaranteed by,
|
|
the
United States of America (or by any agency thereof to the extent such
obligations are backed by the full faith and credit of the
United
States of America), in each case maturing within 24 months from the date
of acquisition thereof;
|
||
(b)
|
investments
in commercial paper maturing within 270 days from the date of acquisition
thereof and having,
|
|
at
such date of acquisition, the highest credit rating obtainable from
S&P or from Xxxxx’x;
|
||
(c)
|
investments
in certificates of deposit, banker’s acceptances, time deposits and
eurodollar time deposits maturing within
|
|
13
months from the date of acquisition thereof issued or guaranteed by or
placed with, and money market deposit accounts issued or offered
by,
any
domestic office of any commercial bank which has consolidated assets as
determined in accordance with GAAP of not less than
$10,000,000,000;
|
||
(d)
|
fully
collateralized repurchase agreements with a term of not more than 30 days
for securities described in clause (a)
|
|
above
and entered into with a financial institution satisfying the criteria
described in clause (c) above; and
|
||
(e)
|
money
market funds that (i) comply with the criteria set forth in
Securities and Exchange Commission Rule 2a-7
|
|
under
the Investment Company Act of 1940, (ii) except with respect to the
BlackRock Liquidity Funds TempCash Institutional Fund (TMCXX),
are
rated AA- or higher by S&P and Aa3 or higher by Xxxxx’x and
(iii) have portfolio assets of at least
$1,000,000,000.
|
“Commitment” means,
with respect to each Lender, the commitment of such Lender to make Syndicated
Loans and to acquire participations in Letters of Credit and Swingline Loans
hereunder, expressed as an amount representing the maximum aggregate amount of
such Lender’s Credit Exposure hereunder, as such commitment may be
(a) reduced from time to time pursuant to Section 2.09(b), (b)
increased from time to time pursuant to Section 2.09(e) or Section 2.13, and
(c) reduced or increased from time to time pursuant to assignments by or to
such Lender pursuant to Section 10.04 (and the “Commitment” of any Lender shall
be deemed to include its Dollar Sub-Commitment and its Multicurrency
Sub-Commitment, if any). The amount of each Lender’s Commitment as of
the Amendment No. 2 Effective Date is set forth on Schedule 1 to Amendment No.
2. The aggregate amount of the Total Commitment (including the Total
Dollar Sub-Commitment and the Total Multicurrency Sub-Commitment) is
$500,000,000 as of the Amendment No. 2 Effective Date.
“Consolidated EBITDA”
means, for any period, the sum, for the Company and its Subsidiaries (determined
on a consolidated basis without duplication in accordance with GAAP), of the
following: (a) Consolidated Net Income for such period plus (b) without
duplication and to the extent deducted in determining such Consolidated Net
Income, the sum of (i) Consolidated Interest Expense for such period,
(ii) income tax expense for such period, (iii) all amounts
attributable to depreciation and amortization for such period, (iv) the amount
of any restructuring charges to the extent deducted in determining
Consolidated Net Income in an aggregate amount not exceeding $70,000,000 through
December 31, 2009 and (v) all non-cash charges to the extent deducted in
determining Consolidated Net Income, and minus
(c) without duplication and to the extent included in determining such
Consolidated Net Income, any non-cash gains for such period. For the
purposes of calculating Consolidated EBITDA for any period of four consecutive
fiscal quarters (each, a “Reference Period”)
pursuant to any determination of the Leverage Ratio, if during such Reference
Period the Company or any Subsidiary shall have made a Material Acquisition,
Consolidated EBITDA for such Reference Period shall be calculated after giving
pro forma effect thereto
as if such Material Acquisition occurred on the first day of such Reference
Period. As used in this definition, “Material Acquisition” means any
acquisition of property or series of related acquisitions of property that (I)
constitutes assets comprising all or substantially all of an operating unit of a
business or constitutes all or substantially all of the Equity Interests of a
Person and (II) involves the payment of consideration by the Company and its
Subsidiaries in excess of $50,000,000.
3
“Dollar Lender” means
(a) on the Amendment No. 2 Effective Date, the Lenders having Dollar
Sub-Commitments on Schedule 1 to Amendment No. 2 under the heading “Dollar
Lenders” and (b) thereafter, the Lenders from time to time holding Loans made
pursuant to Dollar Sub-Commitments or holding Dollar Sub-Commitments, after
giving effect to any assignments thereof permitted by Section
10.04(b).
“Dollar
Sub-Commitment” means, as to each Dollar Lender, the obligation of such
Dollar Lender to make Syndicated Loans and to acquire participations in Letters
of Credit hereunder, expressed as an amount representing the maximum aggregate
amount of such Lender’s Dollar Credit Exposure hereunder, as such commitment may
be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or
increased from time to time pursuant to assignments by or to such Lender
pursuant to Section 10.04. The amount of each Lender’s Dollar Sub-Commitment as
of the Amendment No. 2 Effective Date is set forth on Schedule 1 to Amendment
No. 2. The aggregate amount of the Total Dollar Sub-Commitment is
$384,615,384.62 as of the Amendment No. 2 Effective Date.
“Lenders” means (a) on
the Amendment No. 2 Effective Date, the Persons listed on Schedule 1 to
Amendment No. 2 and (b) thereafter, any other Person that shall have become a
party hereto pursuant to an Assignment and Assumption or as an Assuming Lender
pursuant to Section 2.09(e) or as an Additional Commitment Lender pursuant to
Section 2.13, other than any such Person that ceases to be a party hereto
pursuant to an Assignment and Assumption. Unless the context
otherwise requires, the term “Lenders” includes the Swingline
Lender.
“Leverage Ratio”
means, as of the last day of any period of four consecutive fiscal quarters of
the Company, the ratio of (a) Consolidated Total Indebtedness as of such
date to (b) Consolidated EBITDA for such period.
“Multicurrency Lender”
means (a) on the Amendment No. 2 Effective Date, the Lenders having
Multicurrency Sub-Commitments on Schedule 1 to Amendment No. 2 under the heading
“Multicurrency Lenders” and (b) thereafter, the Lenders from time to time
holding Loans made pursuant to Multicurrency Sub-Commitments or holding
Multicurrency Sub-Commitments, after giving effect to any assignments thereof
permitted by Section 10.04(b). Unless the context otherwise requires,
the term “Multicurrency Lender” includes the Approving Relevant
Lenders.
“Multicurrency
Sub-Commitment” means, as to each Multicurrency Lender, the obligation of
such Multicurrency Lender to make Syndicated Loans and to acquire participations
in Letters of Credit hereunder, in each case, denominated in Dollars or in an
Agreed Foreign Currency, expressed as a Dollar amount representing the Dollar
Equivalent of the maximum aggregate amount of such Lender’s Syndicated
Multicurrency Credit Exposure hereunder, as such commitment may be (a) reduced
from time to time pursuant to Section 2.09 and (b) reduced or increased from
time to time pursuant to assignments by or to such Lender pursuant to Section
10.04. The amount of each Lender’s Multicurrency Sub-Commitment as of
the Amendment No. 2 Effective Date is set forth on Schedule 1 to Amendment No.
2. The aggregate amount of the Total Multicurrency Sub-Commitment is
$115,384,615.38 as of the Amendment No. 2 Effective Date.
4
2.03. The
second recital of the Credit Agreement shall be amended by replacing the
reference therein to “$650,000,000” with the words “, from and after the
Amendment No. 2 Effective Date, $500,000,000”.
2.04. Sections
2.01, 2.08(a) and 2.11(b)(ii)(B) of the Credit Agreement shall each be amended
by replacing the references therein to “$150,000,000” with the words “the Total
Multicurrency Sub-Commitment”.
2.05. Section
2.14(a) of the Credit Agreement shall be amended in its entirety to read as
follows:
“(a) Syndicated
ABR Loans. The Loans constituting each Syndicated
ABR Borrowing to the Company or any Domestic Subsidiary Borrower shall bear
interest at a rate per annum equal to the Alternate Base Rate.”
2.06. Section
2.14(c) of the Credit Agreement shall be amended in its entirety to read as
follows:
“(c) Syndicated Eurocurrency
Loans. The Loans constituting each Syndicated Eurocurrency
Borrowing shall bear interest at a rate per annum equal to the Adjusted
Eurocurrency Rate for the Interest Period for such Borrowing plus the Applicable
Rate.”
2.07. Section 3.04
of the Credit Agreement shall be amended by replacing each reference therein to
the date “December 31, 2005” with “December 31, 2007”.
2.08. Section 3.06
of the Credit Agreement shall be amended by replacing each reference therein to
(a) the date “December 31, 2005” with “December 31, 2007” and (b) the phrase
“2005 10-K” with “2007 10-K”.
2.09. Section 5.01(c)
of the Credit Agreement shall be amended by replacing the reference therein to
“Section 6.05” with the words “and Sections 6.05, 6.06 and 6.07”.
2.10. Section 5.01(d)
of the Credit Agreement shall be amended by replacing the reference therein to
“Section 6.05” with the words “Sections 6.05, 6.06 or 6.07”.
2.11. Section 6.05
of the Credit Agreement shall be amended in its entirety to read as
follows:
5
“Section
6.05. Leverage
Ratio
The
Company will not permit the Leverage Ratio as at the last day of any period of
four consecutive fiscal quarters of the Company ending on or nearest to the date
set forth below, to exceed the ratio set forth below opposite such
date:
Fiscal
Quarter
Ending on or nearest to
|
Total
Leverage
Ratio
|
September
30, 2008
|
3.00
to 1
|
December
31, 2008
|
3.00
to 1
|
March
31, 2009
|
3.25
to 1
|
June
30, 2009
|
3.25
to 1
|
September
30, 2009 and thereafter
|
3.00
to 1"
|
2.12. The
Credit Agreement shall be amended by inserting at the end of Article VI new
Sections 6.06, 6.07 and 6.08 to read as follows:
“Section
6.06. Minimum Consolidated Cash. The
Company will, and will cause its Subsidiaries to, maintain a
consolidated balance of cash and Cash Equivalents of at least: (a) as at the
last day of each fiscal quarter of the Company ending after the Amendment No. 2
Effective Date and on or prior to December 31, 2009, $250,000,000 on an
aggregate basis and (b) as at the last day of each fiscal quarter of the Company
ending thereafter, $200,000,000 on an aggregate basis.
Section
6.07. Minimum EBITDA. The
Company will not permit Consolidated EBITDA as at the last day of each
fiscal quarter of the Company ending after the Amendment No. 2 Effective Date
for the period of four consecutive fiscal quarters of the Company then ending to
be less than $200,000,000.
Section
6.08. Non-Applicability of Certain
Covenants after December 31, 2009. Notwithstanding anything
herein to the contrary, the Company shall not be required to comply with the
provisions of Sections 6.06 and 6.07 at any time after December 31, 2009, with
respect to the last day of any fiscal quarter ended after such date, when the
Company shall have in effect ratings for the Index Debt as of such date of
(a) at least BBB- from S&P and (b) at least Baa3 from
Xxxxx’x."
6
Section
3. Representations and
Warranties. The Company represents and warrants to the Lenders
and the Administrative Agent that (a) the representations and warranties
set forth in Article III of the Credit Agreement (as hereby amended), and in
each of the other Loan Documents, are true and complete on the date hereof as if
made on and as of the date hereof (or, if any such representation or warranty is
expressly stated to have been made as of a specific date, such representation or
warranty shall be true and correct as of such specific date), and as if each
reference in said Article III to “this Agreement” included reference to this
Amendment No. 2 and the Credit Agreement as amended hereby and (b) no
Default has occurred and is continuing.
Section
4. Conditions
Precedent. The amendments set forth in Section 2 hereof
shall become effective as of the date on which the following conditions
precedent shall be satisfied (the “Amendment No. 2 Effective
Date”):
(a) Execution. The
Administrative Agent shall have received counterparts of this Amendment
No. 2 executed by the Borrower and the Lenders constituting the Required
Lenders.
(b) Fees. The
Administrative Agent shall have received (i) for the account of each Lender that
shall have executed and delivered this Amendment No. 2 prior to 12:00 noon,
New York City time, on August 7, 2008, an amendment fee in an amount equal to
0.20% of the sum of such Lender’s Commitment on such date (after giving effect
to this Amendment No. 2) and (ii) for account of the relevant person all other
fees and expenses required to be paid by the Company in connection with
Amendment No. 2.
(c) Commitment
Reduction. After giving effect to the reduction of
the Commitments pursuant to this Amendment No. 2, (i) the sum of the Credit
Exposures plus
the aggregate principal amount of outstanding Competitive Loans shall not exceed
the Total Commitment as so reduced, (ii) the sum of the Dollar Credit Exposure
plus the
aggregate principal amount of outstanding Competitive Loans denominated in
Dollars shall not exceed the Total Dollar Sub-Commitment as so reduced, (iii)
the sum of the Multicurrency Credit Exposures plus the Dollar
Equivalent of the aggregate principal amount of outstanding Competitive Loans
denominated in an Agreed Foreign Currency shall not exceed the Total
Multicurrency Sub-Commitment as so reduced, (iv) the aggregate amount of
the Sub-Commitments shall not exceed the Commitments as so reduced and (v) with
respect to any Lender, such Lender’s Dollar Credit Exposure and/or Multicurrency
Credit Exposure , as applicable, shall not exceed such Lender’s Dollar
Sub-Commitment and/or Multicurrency Sub-Commitment, as applicable.
(d) Other
Items. The Administrative Agent shall have received such other
approvals and documents relating to this Amendment No. 2 and the
transactions contemplated hereby as any Lender may, through the Administrative
Agent, reasonably request.
Section
5. Miscellaneous. Except
as herein provided, the Credit Agreement shall remain unchanged and in full
force and effect. This Amendment No. 2 may be executed in any
number of counterparts, all of which taken together shall constitute one and the
same amendatory instrument and any of the parties hereto may execute this
Amendment No. 2 by signing any such counterpart. This Amendment
No. 2 shall be governed by, and construed in accordance with, the law of
the State of New York.
7
|
COMPANY
|
BRUNSWICK CORPORATION | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXXX X. XXXXXXX | |
Name: Xxxxxxx X. Xxxxxxx | |||
Title: Vice President and Treasurer | |||
8
JPMORGAN CHASE BANK, N.A. | |||
Date: August 8, 2008
|
By:
|
/s/ XXXX XXXX | |
Name: Xxxx Xxxx | |||
Title: Vice President | |||
THE ROYAL BANK OF SCOTLAND PLC | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXXX XXXXXXX | |
Name: Xxxxxxx XxXxxxx | |||
Title: Senior Vice President | |||
BANK OF AMERICA, N.A. | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXXX X. XXXXXXX | |
Name: Xxxxxxx X. Xxxxxxx | |||
Title: Vice President | |||
SUNTRUST BANK | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXXX XXXX | |
Name: Xxxxxxx Xxxx | |||
Title: Vice President | |||
XXXXX FARGO BANK, N.A. | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXX XXXXXXX | |
Name: Xxxxxx Xxxxxxx | |||
Title: Senior Vice President | |||
9
CITIBANK, N.A. | |||
Date: August 8, 2008
|
By:
|
/s/ XXXX XXXXX | |
Name: Xxxx Xxxxx | |||
Title: Vice President | |||
XXXXXX, X.X. | |||
Date: August 8, 2008
|
By:
|
/s/ XXXX XXXXXX | |
Name: Xxxx Xxxxxx | |||
Title: Vice President | |||
LLOYDS TSB BANK PLC | |||
Date: August 8, 2008
|
By:
|
/s/ MARIO DEL DUCA | |
Name: Mario Del Duca | |||
Title: Associate Director | |||
|
By:
|
/s/ XXXXX XXXXXXX | |
Name: Xxxxx Xxxxxxx | |||
Title: Associate Director | |||
NATIONAL AUSTRALIA BANK LIMITED | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXXXX XXXX | |
Name: Xxxxxxxx Xxxx | |||
Title: Director | |||
BANK OF NEW YORK MELLON | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXX X. XXXXXXX | |
Name: Xxxxxx X. Xxxxxxx | |||
Title: Vice President | |||
10
U.S. BANK NATIONAL ASSOCIATION | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXX X. XXXXXXX | |
Name: Xxxxx X. XxXxxxx | |||
Title: Senior Vice President | |||
DEUTSCHE BANK AG NEW YORK BRANCH | |||
Date: August 8, 2008
|
By:
|
/s/ XXXX X. XXX | |
Name: Xxxx X. Xxx | |||
Title: Vice President | |||
|
By:
|
/s/ XXXXX XXXXXXXXX | |
Name: Xxxxx Xxxxxxxxx | |||
Title: Vice President | |||
FIFTH THIRD BANK (CHICAGO), A | |||
MICHIGAN BANKING CORPORATION | |||
Date: August 8, 2008
|
By:
|
/s/ XXX XXXXXXXXXXX | |
Name: Xxx Puszczwicz | |||
Title: Vice President | |||
KBC BANK, NV | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXXX XXXXXXX | |
Name: Xxxxxxx Xxxxxxx | |||
Title: Assistant Vice President | |||
|
By:
|
/s/ XXXXXX X. XXXXXXX | |
Name: Xxxxxx X. Xxxxxxx | |||
Title: First Vice President | |||
11
KEYBANK NATIONAL ASSOCIATION | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXX X. XXXXXX | |
Name: Xxxxx X. Xxxxxx | |||
Title: Vice President | |||
XXXXXXX XXXXX BANK USA | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXX XXXXXXX | |
Name: Xxxxx Xxxxxxx | |||
Title: Vice President | |||
PNC BANK, NATIONAL ASSOCIATION | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXX X. XXX | |
Name: Xxxxx X. Xxx | |||
Title: Assistant Vice President | |||
SUMITOMO MITSUI BANKING CORPORATION | |||
Date: August 8, 2008
|
By:
|
/s/ XXXXXXXXX XXXXXXXXX | |
Name: Xxxxxxxxx Xxxxxxxxx | |||
Title: General Manager | |||
12
SCHEDULE
1
Commitments
Name of
Lender
|
Dollar Sub-Commitment
|
Multicurrency Sub-Commitment
|
Total
Commitment
|
|||
Bank
of America, N.A.
|
$
|
40,384,615.38
|
$
|
15,384,615.37 |
$
|
55,769,230.75 |
Bank
of New York Mellon
|
$
|
25,000,000.00 |
$
|
0.00 |
$
|
25,000,000.00 |
Citibank,
N.A.
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
Deutsche
Bank AG, New York Branch
|
$
|
11,538,461.54 |
$
|
5,769,230.77 |
$
|
17,307,692.31 |
Fifth
Third Bank
|
$
|
11,538,461.54
|
$
|
5,769,230.77 |
$
|
17,307,692.31 |
Xxxxxx
Trust and Savings Bank
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
JPMorgan
Chase Bank, N.A.
|
$
|
33,653,846.15 |
$
|
14,423,076.92 |
$
|
48,076,923.07 |
KBC
Bank, NV
|
$
|
17,307,692.31 |
$
|
0.00 |
$
|
17,307,692.31 |
KeyBank
National Association
|
$
|
17,307,692.31 |
$
|
0.00 |
$
|
17,307,692.31 |
Lloyds
TSB Bank plc
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
Xxxxxxx
Xxxxx Bank USA
|
$
|
11,538,461.54 |
$
|
5,769,230.77 |
$
|
17,307,692.31 |
National
Australia Bank Limited
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
PNC
Bank, N.A.
|
$
|
11,538,461.54 |
$
|
5,769,230.77 |
$
|
17,307,692.31 |
Sumitomo
Mitsui Banking Corporation
|
$
|
17,307,692.31 |
$
|
0.00 |
$
|
17,307,692.31 |
SunTrust
Bank
|
$
|
28,846,153.85 |
$
|
9,615,384.62 |
$
|
38,461,538.47 |
The
Royal Bank of Scotland plc
|
$
|
33,653,846.15 |
$
|
14,423,076.92 |
$
|
48,076,923.07 |
U.S.
Bank National Association
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
Xxxxx
Fargo Bank, N.A.
|
$
|
28,846,153.85 |
$
|
9,615,384.62 |
$
|
38,461,538.47 |
TOTAL
|
$
|
384,615,384.62 |
$
|
115,384,615.38 |
$
|
500,000,000.00 |
13