1
EXHIBIT 10-CQ
U.S. $50,000,000
AMENDED AND RESTATED CREDIT AGREEMENT
Dated as of October 11, 2000
among
COLUMBIA ENERGY GROUP,
as Borrower,
and
THE LENDERS NAMED HEREIN,
as Lenders,
and
XXXXXXX XXXXX XXXXXX INC.,
as Arranger and Book Manager,
and
CITIBANK, N.A.,
as Administrative and Syndication Agent,
and
THE CHASE MANHATTAN BANK AND
FIRST UNION NATIONAL BANK,
as Documentation Agents,
and
BANK ONE, N.A., THE BANK OF
NOVA SCOTIA, PNC BANK, NATIONAL ASSOCIATION
as Managing Agents
and
CREDIT AGRICOLE INDOSUEZ AND DEUTSCHE BANK AG NEW YORK BRANCH
as Co-Agents
2
AMENDED AND RESTATED
CREDIT AGREEMENT
Dated as of October 11, 2000
This AMENDED AND RESTATED CREDIT AGREEMENT (this "Amendment and
Restatement") among COLUMBIA ENERGY GROUP, a Delaware corporation (the
"Borrower"), the banks, financial institutions and other institutional lenders
parties to the Credit Agreement referred to below (collectively, the "Lenders"),
XXXXXXX XXXXX XXXXXX INC., as arranger and book manager ("Arranger"), and
CITIBANK, N.A. ("Citibank"), as administrative and syndication agent (the
"Agent") for the Lenders, evidences the agreement of the parties as follows:
PRELIMINARY STATEMENTS:
(1) The Borrower, the Lenders and the Agent have entered into a
Five-Year $900,000,000 Credit Agreement dated as of March 11, 1998 (the "Credit
Agreement"). Capitalized terms not otherwise defined in this Amendment and
Restatement have the same meanings as specified in the Credit Agreement.
(2) The Borrower and the Lenders have agreed to amend the Credit
Agreement as hereinafter set forth and to restate the Credit Agreement in its
entirety to read as set forth in the Credit Agreement with the amendments
specified below.
Amendments to Credit Agreement. The Credit Agreement, effective as of the date
hereof and, subject to the satisfaction of the conditions precedent set forth in
Section 3.02, is hereby amended as follows:
Section 1.01 is hereby amended by amending in full the proviso clause appearing
at the end of the definition of "Tangible Net Worth" to read "provided, however,
that notwithstanding the foregoing exclusions, (A) regulatory assets recorded on
the Consolidated balance sheet of the Borrower and its Subsidiaries, and (B) any
acquisition goodwill which may appear on the Consolidated balance sheet of the
Borrower and its Subsidiaries resulting from the NiSource Merger shall not be
excluded for purposes of determining Tangible Net Worth."
Section 1.01 is hereby amended by amending in full certain existing definitions
therein as set forth below and adding new definitions thereto to read as
follows:
"364-Day Credit Agreement" means the Third Amended and
Restated 364-Day Credit Agreement dated as of October 11, 2000 among
the Borrower, the Agent and the lenders named therein.
"Arranger" means Xxxxxxx Xxxxx Barney Inc., as arranger and
book manager of the syndicate of Initial Lenders hereunder.
"Information Memorandum" means the information memorandum
dated September 2000 used by the Arranger in connection with the
syndication of the Revolving Credit Commitments.
"Letter of Credit Facility" means $50,000,000, as such amount
may be reduced pursuant to Section 2.05.
"NiSource Merger" means a series of mergers, as a result of
which the Borrower will become a wholly-owned subsidiary of
NiSource, Inc., an Indiana corporation ("NiSource"), as contemplated
under the terms of the NiSource Merger Agreement.
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"NiSource Merger Agreement" means a Merger Agreement dated as
of February 27, 2000 (as amended, amended and restated or otherwise
modified to the date hereof) between the Borrower and NiSource.
"Termination Date" means the earlier of October 9, 2002 and
the date of termination in whole of the Revolving Credit Commitments
pursuant to Section 2.05 or 6.01.
The chart contained in the definition of "Applicable Margin " in Section 1.01 is
amended in full to read as set forth on Exhibit A hereto.
Section 2.01(b) is amended by deleting the dollar amounts "$127,500,000,"
"$100,000" and "$10,000" in the seventh, twelfth and thirteenth lines thereof,
respectively, and substituting the dollar amount "$0" therefor.
Section 2.01(c) is amended by (i) deleting the dollar amount "$300,000,000" in
the fifth line thereof and substituting the dollar amount "$50,000,000"
therefor, and (ii) deleting the dollar amount "$100,000,000" in the ninth line
thereof and substituting the dollar amount "$50,000,000" therefor.
Section 2.09 is amended by adding a new Section 2.09(g) to read as follows:
"(g) Utilization Fee. With respect to every day on which the
sum of all outstanding Advances is greater than 25% of the aggregate
amount of the Revolving Credit Commitments, the Borrower agrees to
pay to the Agent for the account of each Lender a utilization fee
based on the daily aggregate amount of such Lender's Revolving
Credit Commitment, calculated on a daily basis and payable quarterly
in arrears at a rate per annum equal at all times to the percentage
set forth in the applicable column of Exhibit A hereto."
Section 3.01(a) is amended by deleting the reference to "December 31, 1996" and
substituting "December 31, 1999" therefor.
Section 4.01(e) is amended by (i) deleting the reference to "December 31, 1996"
in each place in which it appears and substituting "December 31, 1999" therefor,
(ii) deleting the reference to "September 30, 1997" in each place in which it
appears and substituting "June 30, 2000" therefor, and (iii) deleting the word
"nine" appearing in the six and eighth lines thereof and substituting "six"
therefor.
Section 5.02(b) is amended by adding the following proviso clause after the
phrase "the Revolving Credit Commitments)" in the fifth line thereof to read
"provided that the foregoing provisions of this Section 5.02(b) shall not be
applicable to the NiSource Merger, and further".
Section 6.01(h) is amended by adding the following proviso clause after the word
"Borrower" in the last line thereof to read "; provided, however, that the
foregoing provisions of this Section 6.01(h) shall not be applicable to the
NiSource Merger".
The Revolving Credit Commitments are amended in full to read as set forth on
Schedule I hereto.
Notwithstanding any other provision of the Credit Agreement no Revolving Credit
Advances may be made under Section 2.01(a).
Conditions of Effectiveness.
This Amendment and Restatement shall become effective as of the date
first above written when, and only when, the Agent shall have received
counterparts of this Amendment and Restatement executed by the Borrower and all
of the Lenders or, as to any of the Lenders, advice satisfactory to the Agent
that such Lender has executed this Amendment and Restatement, and when the Agent
shall have additionally received all of the following documents, each such
document (unless otherwise specified) dated the date of receipt thereof
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by the Agent (unless otherwise specified) and (except for the Revolving Credit
Notes) in sufficient copies for each Lender, in form and substance satisfactory
to the Agent (unless otherwise specified):
The new Revolving Credit Notes issued in connection with this Amendment and
Restatement to the order of each of the Lenders that has a Commitment in a
different amount from that with respect to the Credit Agreement.
Certified copies of (i) the resolutions of the Board of Directors of the
Borrower approving (or authorizing the transactions encompassed by) this
Amendment and Restatement and (ii) all documents evidencing other necessary
corporate action and governmental approvals, if any, with respect to this
Amendment and Restatement.
A certificate of the Secretary or an Assistant Secretary of the Borrower
certifying the names and true signatures of the officers of the Borrower
authorized to sign this Amendment and Restatement and the other documents to be
delivered hereunder.
A favorable opinion of LeBoeuf, Lamb, Xxxxxx & XxxXxx, L.L.P., counsel for the
Borrower, in substantially the form of Exhibit B hereto.
A favorable opinion of Shearman & Sterling, counsel for the Agent, in form and
substance satisfactory to the Agent.
A certificate signed by a duly authorized officer of the Borrower stating that:
The representations and warranties contained in Section 4.01 of the Credit
Agreement and in Section 3 hereof are correct on and as of the date of such
certificate as though made on and as of such date; and
No event has occurred and is continuing that constitutes a Default.
Representations and Warranties of the Borrower. The Borrower represents and
warrants as follows:
The execution, delivery and performance by the Borrower of this Amendment and
Restatement are within the Borrower's corporate powers, have been duly
authorized by all necessary corporate action and do not contravene (i) the
Borrower's charter or by-laws or (ii) any law or any contractual restriction
binding on or affecting the Borrower, except where such contravention would not
be reasonably likely to have a Material Adverse Effect.
No authorization or approval or other action by, and no notice to or filing
with, any governmental authority or regulatory body or any other third party is
required for the due execution, delivery or performance by the Borrower of this
Amendment and Restatement, except where the Borrower's failure to receive, take
or make such authorization, approval, action, notice or filing would not have a
Material Adverse Effect.
This Amendment and Restatement has been duly executed and delivered by the
Borrower. This Amendment and Restatement is a legal, valid and binding
obligation of the Borrower, enforceable against the Borrower in accordance with
its terms, subject to applicable bankruptcy, reorganization, insolvency,
moratorium or similar laws affecting creditors' rights generally and general
principles of equity.
Reference to and Effect on the Credit Agreement. On and after the effectiveness
of this Amendment and Restatement, each reference in the Credit Agreement to
"this Agreement", "hereunder", "hereof" or words of like import referring to the
Credit Agreement, shall mean and be a reference to the Credit Agreement, as
amended and restated by this Amendment and Restatement; provided, however, that
the word "hereafter" appearing in the definition of "Material Subsidiaries" in
Section 1.01 shall refer to the period after March 11, 1998.
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The Credit Agreement, as specifically amended and restated by this Amendment and
Restatement, is and shall continue to be in full force and effect and is hereby
in all respects ratified and confirmed.
The execution, delivery and effectiveness of this Amendment and Restatement
shall not, except as expressly provided herein, operate as a waiver of any
right, power or remedy of any Lender or the Agent under the Credit Agreement,
nor constitute a waiver of any provision of the Credit Agreement.
Costs, Expenses, Etc. The Borrower agrees to pay on demand all costs and
expenses of the Agent in connection with the preparation, execution, delivery
and administration, modification and amendment of this Amendment and Restatement
and the other instruments and documents to be delivered hereunder (including,
without limitation, the reasonable fees and expenses of counsel for the Agent)
in accordance with the terms of Section 8.04 of the Credit Agreement. The Agent
agrees to request as promptly as practicable from (a) Lenders whose Revolving
Credit Notes are being replaced pursuant to this Amendment and Restatement as of
the date hereof, and (b) Lenders who shall have ceased to be parties to the
Credit Agreement as of the date hereof, the return of their old Revolving Credit
Notes. The Agent agrees to release any new Revolving Credit Note payable to a
Lender only upon the return of the old Revolving Credit Note payable to such
Lender.
Execution in Counterparts. This Amendment and Restatement may be executed in any
number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed shall be deemed to be an original and all of
which taken together shall constitute but one and the same agreement. Delivery
of an executed counterpart of a signature page to this Amendment and Restatement
by telecopier shall be effective as delivery of an original executed counterpart
of this Amendment and Restatement.
Governing Law. This Amendment and Restatement shall be governed by, and
construed in accordance with, the laws of the State of New York.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment
and Restatement to be executed by their respective officers thereunto duly
authorized, as of the date first above written.
COLUMBIA ENERGY GROUP
By /s/ Xxxxxxx X. X'Xxxxxxx
------------------------------
Name: Xxxxxxx X. X'Xxxxxxx
Title: Senior Vice President and Chief
Financial Officer
XXXXXXX XXXXX XXXXXX INC.,
as Arranger and Book Manager
By /s/ Xxxxxx X. Veterin
---------------------------
Name: Xxxxxx X. Veterin
Title: Managing Director
CITIBANK, N.A.,
as Administrative and Syndication Agent
By /s/ Xxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxx X. Xxxxxxx
Title: Attorney in Fact
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Lenders
CITIBANK, N.A.
By /s/ Xxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxx X. Xxxxxxx
Title: Attorney in Fact
Amount of Commitment
$5,000,000.00
THE CHASE MANHATTAN BANK
By /s/ Xxxxxx Xxxx
------------------------------
Name: Xxxxxx Xxxx
Title: Vice President
Amount of Commitment
$5,000,000.00
FIRST UNION NATIONAL BANK
By /s/ Xxxxxxx X. Xxxxxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxxxxx
Title: Vice President
Amount of Commitment
$5,000,000.00
THE BANK OF NOVA SCOTIA
By /s/ P. C. B. Xxxxx
------------------------------
Name: P. C. B. Xxxxx
Title: Senior Manager Loan Operations
Amount of Commitment
$3,800,000.00
BANK ONE, NA
By /s/ Xxxxxx X. Xxxxxx
------------------------------
Name: Xxxxxx X. Xxxxxx
Title: First Vice President
Amount of Commitment
$3,800,000.00
7
PNC BANK, NATIONAL ASSOCIATION
By /s/ Xxxxx X. Xxxx
------------------------------
Name: Xxxxx X. Xxxx
Title: Director
Amount of Commitment
$3,800,000.00
CREDIT AGRICOLE INDOSUEZ
By /s/ Xxxxx X. Xxxxxxx
------------------------------
Name: Xxxxx X. Xxxxxxx
Title: First Vice President
By /s/ Xxxxxxx Xxxxxx
------------------------------
Name: Xxxxxxx Xxxxxx
Title: Vice President Credit Analysis
Amount of Commitment
$2,800,000.00
DEUTSCHE BANK AG NEW YORK
AND/OR CAYMAN ISLANDS BRANCHES
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Vice President
By /s/ Xxxxxxxxx Xxxxxxx
------------------------------
Name: Xxxxxxxxx Xxxxxxx
Title: Vice President
Amount of Commitment
$2,800,000.00
ALL FIRST BANK
By /s/ Xxxxxx Xxxxxxxx
------------------------------
Name: Xxxxxx Xxxxxxxx
Title: Vice President
Amount of Commitment
$2,500,000.00
8
ARAB BANK, PLC
By /s/ Xxxxx Xxxxxx
------------------------------
Name: Xxxxx Xxxxxx
Title: Vice President
Amount of Commitment
$2,500,000.00
BANCA MONTE DEI PASCHI DI SIENA, S.p.A.
By /s/ Giulio Natalicchi
------------------------------
Name: Giulio Natalicchi
Title: Senior Vice President and General
Manager
By /s/ Xxxxx Xxxxx
------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
Amount of Commitment
$2,500,000.00
BANK OF MONTREAL
By /s/ Xxx X. Xxxxxxx
----------------------------
Name: Xxx X. Xxxxxxx
Title: Director
Amount of Commitment
$2,500,000.00
NATIONAL CITY BANK
By /s/ Xxxxxxx X. Xxxxxxx
----------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Senior Vice President
Amount of Commitment
$2,500,000.00
SUNTRUST BANK
By /s/ Xxxxx X. Xxxxxxx
--------------------------
Name: Xxxxx X. Xxxxxxx
Title: Director Corporate and Investment
Banking
Amount of Commitment
$2,500,000.00
9
BANK OF TOKYO-MITSUBISHI
TRUST COMPANY
By /s/ Xxxxxxxx X. Xxxxxxxx
------------------------------
Name: Xxxxxxxx X. Xxxxxxxx
Title: Vice President
Amount of Commitment
$2,000,000.00
UNION BANK OF CALIFORNIA
By /s/ Xxxxx X. Xxxxxxxx
------------------------------
Name: Xxxxx X. Xxxxxxxx
Title: Vice President
Amount of Commitment
$1,000,000.00
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SCHEDULE I
----------------------------------------------------------------------------------------------
NAME OF INITIAL DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE AMOUNT OF
LENDER COMMITMENT
----------------------------------------------------------------------------------------------
Citibank, N.A. 2 Xxxxx Center, 20th Floor 2 Xxxxx Center, 20th $5,000,000
0000 Xxxxx Xxxxxx Xxxxx
Xxxxxxx, XX 00000 0000 Xxxxx Xxxxxx
Xxxxx Xxxxxxx Xxxxxxx, XX 00000
Tel: 000-000-0000 Xxxxx Xxxxxxx
Fax: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000
----------------------------------------------------------------------------------------------
The Chase Manhattan 000 Xxxx Xxxxxx-00xx Xxxxx 000 Xxxx Xxxxxx-00xx $5,000,000
Bank Xxx Xxxx, XX 00000-0000 Xxxxx
Xxxxx Xxxx Xxx Xxxx, XX 00000-0000
Tel: 000-000-0000 Xxxxx Xxxx
Fax: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000
----------------------------------------------------------------------------------------------
First Union National One First Union Center One First Union Center $5,000,000
Bank 000 Xxxxx Xxxxxxx Xxxxxx 000 Xxxxx Xxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000-0000 Xxxxxxxxx, XX 00000
Chanue Xxxxxxx Chanue Xxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
The Bank of Nova 000 Xxxxxxxxx Xxxxxx XX 000 Xxxxxxxxx Xxxxxx XX $3,800,000
Scotia Xxxxx 0000 Xxxxx 0000
Xxxxxxx, XX 00000 Xxxxxxx, XX 00000
Xxxxxxx Xxxxxxxxxx Xxxxxxx Xxxxxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Bank One, NA 1 Bank Xxx Xxxxx 0 Xxxx Xxx Xxxxx $3,800,000
Mail Stop IL1 Suite 0363 Mail Stop IL1 Suite 0363
Xxxxxxx Xxxxx Xxxxxxx Xxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
11
----------------------------------------------------------------------------------------------
PNC Bank, National 0 XXX Xxxxx, 0xx Xxxxx 1 PNC Plaza, 3rd Floor $3,800,000
Association 000 Xxxxx Xxxxxx 000 Xxxxx Xxxxxx
Xxxxxxxxxx, XX 00000-0000 Xxxxxxxxxx, XX 00000-0000
Xxxxx Xxxx Xxxxx Xxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Credit Agricole 000 Xxxxxx Xxxxxx, 000 Xxxxxx Xxxxxx, $2,800,000
Indosuez Xxxxx 0000 Xxxxx 0000
Xxxxxxx, XX 00000 Xxxxxxx, XX 00000
Xxxxx Xxxxxxx Xxxxx Xxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Deutsche Xxxx XX 00 Xxxx 00xx Xxxxxx 00 Xxxx 00xx Xxxxxx $2,800,000
New York and/or Xxx Xxxx, XX 00000 Xxx Xxxx, XX 00000
Cayman Islands Xxxx Xxxxxxxx Xxxx Xxxxxxxx
Branches Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Allfirst Bank 00 X Xxxxxxx Xx. 00 X Xxxxxxx Xx. $2,500,000
Xxxxxxxxx, XX 00000 Xxxxxxxxx, XX 00000
Xxxxxx Xxxxxxxx Xxxxxx Xxxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Arab Bank, PLC 000 Xxxxxxx Xxx., 000 Xxxxxxx Xxx., $2,500,000
0xx Xxxxx 0xx Xxxxx
Xxx Xxxx, XX 00000 Xxx Xxxx, XX 00000
Xxxx X. Xxxxxxxx Xxxx X. Xxxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------
NAME OF INITIAL DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE AMOUNT OF
LENDER COMMITMENT
----------------------------------------------------------------------------------------------
Banca Monte dei 00 Xxxx 00xx Xxxxxx 00 Xxxx 00xx Xxxxxx $2,500,000
Paschi di Xxxxx Xxx Xxxx, XX 00000-0000 Xxx Xxxx, XX 00000-0000
S.p.A. Xxxxx Xxxxxx Xxxxx Xxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
12
----------------------------------------------------------------------------------------------
Bank of Montreal US Corporate Banking US Corporate Banking $2,500,000
000 Xxxx Xxxxxx 000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000 Xxx Xxxx, XX 00000
Xxxxxxx X. Xxxxxxxx Xxxxxxx X. Xxxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
National City Bank 000 Xxxx Xxxxx Xxxxxx 000 Xxxx Xxxxx Xxxxxx $2,500,000
Xxxxxxxx, XX 00000-0000 Xxxxxxxx, XX 00000-0000
Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
SunTrust Bank 0000 Xxx Xxxx Xxx, 0000 Xxx Xxxx Ave, $2,500,000
NW 5th Fl. NW 5th Fl.
Washington, D.C. 20005-2106 Xxxxxxxxxx, X.X. 00000-0000
Xxxxx Xxxxxxx Xxxxx Xxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Bank of 0000 Xxxxxx of the Americas 1251 Avenue of the Americas $2,000,000
Tokyo-Mitsubishi Xxx Xxxx, XX 00000-0000 Xxx Xxxx, XX 00000-0000
Trust Company Xxxxxxx Xxxxxx Xxxxxxx Xxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Union Bank of 000 X. Xxxxxxxx Xx., 000 X. Xxxxxxxx Xx., $1,000,000
Xxxxxxxxxx Xxxxx 0000 Xxxxx 0000
Xxx Xxxxxxx, XX 00000 Xxx Xxxxxxx, XX 00000
Xxxxx Xxxxxxxx, VP Xxxxx Xxxxxxxx, VP
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Bank of America, N.A. MD2-600-06-13 MD2-600-06-13 $0
0000 Xxxxxxxxx Xxxxx, 0000 Xxxxxxxxx Xxxxx,
0xx Xxxxx 0xx Xxxxx
Xxxxxxxx, XX 00000-0000 Xxxxxxxx, XX 00000-0000
Xxxxxxxx Xxxxxxxx Xxxxxxxx Xxxxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
13
----------------------------------------------------------------------------------------------
Canadian Imperial 0000 Xxxxx Xxxxxx 0000 Xxxxx Xxxxxx $0
Bank of Commerce Suite 3000 Suite 3000
Houston, TX 77002 Xxxxxxx, XX 00000
Xxxxx X. Xxxxx Xxxxx X. Xxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Commerzbank AG, 2 World Financial Center 2 World Financial Center $0
Xxx Xxxx Xxxxxx Xxx Xxxx, XX 00000-0000 Xxx Xxxx, XX 00000-0000
Xxxxxxx Xxxxxx Xxxxxxx Xxxxxx
Tel: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000 Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Xxxxxx Guaranty 00 Xxxx Xx. Xxxxxx Bahamas Office $0
Trust Company of Xxx Xxx Xxxx, XX 00000 c/o X.X. Xxxxxx
York Xxx Xxxxx Services, Inc.
Fax: 000-000-0000 Euro-Loan Servicing Xxxx
000 Xxxxxxx Xxxxxxxxxx
Xxxx
Xxxxxx, XX 00000
Telex: 177425 MBDEL UT
Fax: 000-000-0000
----------------------------------------------------------------------------------------------
Societe Generale 0000 Xxxxxx of the Americas 1221 Avenue of the $0
Xxx Xxxx, XX 00000 Americas
Xxxxxx Xxxxx Xxx Xxxx, XX 00000
Tel: 000-000-0000 Xxxxxx Xxxxx
Fax: 000-000-0000 Tel: 000-000-0000
Fax: 000-000-0000
----------------------------------------------------------------------------------------------
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EXHIBIT A
----------------------------------------------------------------------------------------------------------------------------
Public Debt Rating Applicable Applicable Applicable Applicable Applicable Margin
S&P/Xxxxx'x Margin for Margin for Margin Margin for for Utilization
Base Rate Eurodollar Rate for CD Rate Facility Fee
Advances Advances Advances Fee (25%)
----------------------------------------------------------------------------------------------------------------------------
Level 1 0 .110% .255% .090% .25%
AA-/AA3 or higher
----------------------------------------------------------------------------------------------------------------------------
Level 2 0 .400% .540% .100% .25%
A+/A/A-/A1/A2/A3
----------------------------------------------------------------------------------------------------------------------------
Level 3 0 .510% .650% .115% .25%
BBB+/Baa1
----------------------------------------------------------------------------------------------------------------------------
Level 4 0 .610% .750% .140% .25%
BBB/Baa2
----------------------------------------------------------------------------------------------------------------------------
Level 5 0 1.010% .850% .240% .25%
BBB-/Baa3 or lower
----------------------------------------------------------------------------------------------------------------------------
