EXHIBIT 8(C)
FIFTH AMENDED AND RESTATED CREDIT AGREEMENT
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THIS FIFTH AMENDED AND RESTATED CREDIT AGREEMENT (this "Restated Credit
Agreement"), dated as of November 26, 2004 among certain borrowers set forth on
the signature pages hereto (each, a "Borrower"), the various financial
institutions parties to this Restated Credit Agreement (collectively, the
"Banks"), PNC Bank, National Association, as syndication agent and JPMorgan
Chase Bank, N.A. (successor by merger to Bank One, NA) as administrative agent.
WHEREAS, the Borrowers, the Banks, the Administrative Agent and various
other agents entered into a Fourth Amended and Restated Credit Agreement dated
as of November 28, 2003, which amended a Third Amended and Restated Credit
Agreement dated as of November 29, 2002, which amended the Second Amended and
Restated Credit Agreement dated as of November 30, 2001, which amended the
Amended and Restated Credit Agreement dated as of December 1, 2000, among
certain Borrowers and certain Banks (as amended and restated, the "Credit
Agreement"; terms defined in the Credit Agreement are, unless otherwise defined
or the context otherwise requires, used herein as defined therein); and
WHEREAS, the parties hereto desire to amend and restate the Credit
Agreement in its entirety as hereinafter set forth;
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration (the receipt and sufficiency of which are hereby
acknowledged), the parties hereto agree as follows:
SECTION 1: AMENDMENT. Effective as of the date hereof, the Credit Agreement
shall be amended in accordance with Sections 1.1 through 1.12 below.
1.1 Definition. The definition of "Administrative Agent" in Section 1.1 of
the Credit Agreement is hereby amended by deleting such definition in its
entirety and inserting in lieu thereof:
"Administrative Agent" means JPMorgan Chase Bank, N.A. (successor by merger
to Bank One, NA) acting as Administrative Agent for the Banks and any successor
thereof.
1.2 References to Bank One, NA. All other references in the Credit
Agreement and the other Loan Documents to "Bank One, NA" or "Bank One" are
hereby amended to read: "JPMorgan Chase Bank, N.A. (successor by merger to Bank
One, NA)".
1.3 Definition. The definition of "Termination Date" in Section 1.1 of the
Credit Agreement is hereby amended by the deletion of the date "November 26,
2004" and the substitution of the date "November 23, 2005."
1.4 Definition. The definition of "Commitment Amount" in Section 1.1 of the
Credit Agreement is hereby amended by the deletion of the figure "1,000,000,000"
in the last sentence thereof and the substitution of the figure "$500,000,000."
1.5 Commitment Fee. Section 2.10(a) of the Credit Agreement is hereby
amended by the deletion of the percentage "0.09%" in the first sentence thereof
and the substitution of the percentage "0.07%".
1.6 Information. Section 5.1 of the Credit Agreement is hereby amended by
inserting the following paragraph at the end thereof:
Information required to be delivered pursuant to clauses (a), (b),(e)
or (g) above shall be deemed to have been delivered on the earliest date on
which the Borrower has either (i) posted such information on the Internet
at xxx.xxxx.xx.xxx/XXX (or any successor or replacement website thereof) or
at another website identified in notice to the Administrative Agent or (ii)
filed such information with the U.S. Securities and Exchange Commission via
XXXXX.
1.7 Notices. Section 8.1 of the Credit Agreement is hereby amended by
inserting the following clause at the beginning thereof: "Except as otherwise
provided in Section 5.1,".
1.8 USA Patriot Act. Article VIII of the Credit Agreement is hereby amended
by the addition of the following at the end:
8.13 USA PATRIOT Act. Each Lender hereby notifies the Borrowers that
pursuant to the requirements of the USA Patriot Act (Title III of Pub. L.
107-56 (signed into law October 26, 2001)) (the "Act"), it is required to
obtain, verify and record information that identifies the Borrower, which
information includes the name and address of the Borrower and other
information that will allow such Lender to identify the Borrower in
accordance with the Act.
1.9 New Borrowers. Each of (i) Xxxxxxx Xxxxx Variable Series Funds, Inc.
("MLVS"), not in its individual capacity, but on behalf of Xxxxxxx Xxxxx Large
Cap Growth V.I. Fund and Xxxxxxx Xxxxx International Value V.I. Fund
(collectively, the "MLVS Borrowers"); (ii) Quantitative Master Series Trust
("QMST"), not in its individual capacity, but on behalf of Master Enhanced Small
Cap Series (the "QMST Borrower"); (iii) Xxxxxxx Xxxxx Municipal Bond Fund, Inc.
("MLMBF") not in its individual capacity, but on behalf of Xxxxxxx Xxxxx
Municipal Bond Fund, Inc.-The Limited Maturity Portfolio (the "MLMBF Borrower");
(iv) Xxxxxxx Xxxxx Principal Protected Trust ("MLPPT"), not in its individual
capacity, but on behalf of Xxxxxxx Xxxxx Basic Value Principal Protected Fund
and Xxxxxxx Xxxxx Fundamental Growth Principal Protected Fund (collectively, the
"MLPPT Borrowers"); (v) Master Real Investment Trust in its individual capacity
(the "MRIT Borrower"); and (vi) Master Inflation Protected Trust in its
individual capacity (the "MIPT Borrower"; and collectively with the MLVS
Borrowers, the QMST Borrower, the MLMBF Borrower, the MLPPT Borrowers and the
MRIT Borrower, the "New Borrowers"), by its execution of this Restated Credit
Agreement hereby, agrees, represents and warrants solely with respect to itself
that, as of the date hereof and after giving effect hereto:
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(a) it (or, with respect to MLVS, QMST, MLMBF and MLPPT, each New Borrower
on whose behalf it acts) shall be a Borrower under the Credit
Agreement;
(b) it (or, with respect to MLVS, QMST, MLMBF and MLPPT, each New Borrower
on whose behalf it acts) shall be bound by the terms and conditions of
the Credit Agreement as a Borrower;
(c) the representations and warranties set forth in Article IV of the
Credit Agreement with respect to it (or, with respect to MLVS, QMST,
MLMBF and MLPPT, each New Borrower on whose behalf it acts) are true
and correct;
(d) it (or, with respect to MLVS, QMST, MLMBF and MLPPT, each New Borrower
on whose behalf it acts) is in compliance in all material respects
with all of the terms and provisions set forth in the Credit Agreement
on its part to be observed or performed; and
(e) no Default or Event of Default with respect to it (or, with respect to
MLVS, QMST, MLMBF and MLPPT, each New Borrower on whose behalf it
acts) has occurred and be continuing.
1.10 Schedule 1. Schedule 1 to the Credit Agreement is hereby amended to
state as set forth as Schedule 1 to this Restated Credit Agreement.
1.11 Schedule 4.9. Schedule 4.9 to the Credit Agreement is hereby amended
to state as set forth as Schedule 4.9 to this Restated Credit Agreement.
1.12 Schedule 5.20. Schedule 5.20 to the Credit Agreement is hereby amended
to state as set forth as Schedule 5.20 to this Restated Credit Agreement.
SECTION 2: CONDITIONS PRECEDENT. This Restated Credit Agreement shall
become effective when each of the conditions precedent set forth in this Section
2 shall have been satisfied.
2.1 Receipt of Amendment. This Restated Credit Agreement shall have been
duly executed by the Borrowers, the Administrative Agent and the Banks.
2.2 Receipt of Other Documents. The Administrative Agent shall have
received from each New Borrower a manually signed certificate from the Secretary
of such New Borrower, in form and substance satisfactory to the Administrative
Agent and dated the date of this Restated Credit Agreement, as to (i) the
incumbency of, and bearing manual specimen signatures of, the Authorized
Signatories of such New Borrower, and (ii) certifying and attaching copies of
(A) such New Borrower's Organization Documents as then in effect, (B) duly
authorized resolutions of such New Borrower's board of directors or trustees
authorizing the transactions contemplated hereby, (C) the Prospectus of such New
Borrower and (D) all amendments to such New Borrower's investment objectives,
policies and restrictions since the date of such Prospectus.
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2.3 Opinion of Counsel. The Administrative Agent shall have received from
each Borrower an opinion of counsel to the Borrowers in form satisfactory to the
Administrative Agent; provided that only limited opinions shall be provided with
respect to Borrowers who are not New Borrowers as previously agreed upon between
the Adviser and the Administrative Agent.
2.4 Compliance with Warranties, No Default, etc. Both before and after
giving effect to the effectiveness of this Restated Credit Agreement, the
following statements by each Borrower and, to the extent such Borrower is a
series of a Trust or a Maryland corporation, such Trust or Maryland corporation,
not in its individual capacity, but on behalf of such Borrower, shall be true
and correct (and each Borrower, and, to the extent such Borrower is a series of
a trust or a Maryland corporation, such Trust or Maryland corporation, not in
its individual capacity, but on behalf of such Borrower, by its execution of
this Restated Credit Agreement, hereby severally represents and warrants to the
Banks with respect to itself that such statements are true and correct as at
such times):
(a) the representations and warranties with respect to such Borrower
set forth in Article IV of the Credit Agreement, as amended and restated
hereby, shall be true and correct with the same effect as if then made
(unless stated to relate solely to an earlier date, in which case such
representations and warranties shall be true and correct as of such earlier
date); and
(b) no Default or Event of Default shall have then occurred and be
continuing with respect to such Borrower.
2.5 Receipt of Allocation Notice. The Administrative Agent shall have
received an Allocation Notice from the Borrowers.
SECTION 3: REPRESENTATIONS AND WARRANTIES. To induce the Banks to enter
into this Restated Credit Agreement, each Borrower and, to the extent such
Borrower is a series of a Trust or a Maryland corporation, such Trust or
Maryland corporation, not in its individual capacity, but on behalf of such
Borrower, severally represents and warrants with respect to itself to each Bank
as follows:
3.1 Due Authorization, Non-Contravention, etc. The execution, delivery and
performance by such Borrower or, to the extent such Borrower is a series of a
Trust or a Maryland corporation, such Trust or Maryland corporation on behalf of
such Borrower, of this Restated Credit Agreement is within such Borrower's, or
to the extent such Borrower is a series of a Trust or a Maryland corporation,
such Trust's or such Maryland corporation's trust or corporate powers, as the
case may be, have been duly authorized by all necessary trust or corporate
action, as applicable, on the part of such Borrower or, to the extent such
Borrower is a series of a Trust or Maryland corporation, such Trust or such
Maryland corporation, and do not:
(a) conflict with such Borrower's, or to the extent such Borrower is a
series of a Trust or a Maryland corporation, such Trust's or Maryland
corporation's, Organization Documents;
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(b) conflict with the most recent Prospectus or the most recent SAI
(if applicable) of, any law applicable to, material agreement binding upon,
or court or administrative order or decree applicable to, such Borrower; or
(c) result in, or require the creation or imposition of, any Lien on
any of such Borrower's assets.
3.2 Government Approval, Regulation, etc. No authorization or approval or
other action by, and no notice to or filing with, any Governmental Authority or
regulatory body or other Person is required for the due execution, delivery or
performance of this Restated Credit Agreement by such Borrower, or to the extent
Borrower is a series of a Trust or a Maryland corporation, such Trust or such
Maryland corporation.
3.3 Validity, etc. This Restated Credit Agreement constitutes the legal,
valid and binding obligation of such Borrower enforceable in accordance with its
terms except as enforceability may be limited by bankruptcy, insolvency,
reorganization, receivership, fraudulent conveyance, fraudulent transfer,
moratorium or other similar laws of general application affecting the
enforcement of creditors' rights or by general principles of equity (regardless
of whether considered in a proceeding in equity or at law).
SECTION 4: MISCELLANEOUS.
4.1 Amendment and Restatement. Upon the effectiveness hereof, the Credit
Agreement shall be restated in its entirety to read as set forth in the Credit
Agreement, as amended hereby, and all rights and obligations of the parties
shall be as set forth in the Restated Credit Agreement as amended and restated
hereby (except that any provision of the Credit Agreement which by its terms
survives termination thereof shall remain in full force and effect).
4.2 Payment of Costs and Expenses. Each Borrower severally agrees to pay on
demand its pro rata share of all reasonable out-of-pocket expenses of the
Administrative Agent (including the reasonable fees and out-of-pocket expenses
of counsel to the Administrative Agent) in connection with the negotiation,
preparation, execution and delivery of this Restated Credit Agreement.
4.3 Severability. Any provision of this Restated Credit Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such provision and
such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions of this Restated
Credit Agreement or affecting the validity or enforceability of such provision
in any other jurisdiction.
4.4 Headings. The various headings of this Restated Credit Agreement are
inserted for convenience only and shall not affect the meaning or interpretation
of this Restated Credit Agreement or any provisions hereof.
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4.5 Execution in Counterparts. This Restated Credit Agreement may be
executed by the parties hereto in several counterparts, each of which shall be
deemed to be an original and all of which shall constitute together but one and
the same agreement.
4.6 Governing Law. THIS RESTATED CREDIT AGREEMENT SHALL BE DEEMED TO BE A
CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK.
4.7 Successors and Assigns. This Restated Credit Agreement shall be binding
upon and shall inure to the benefit of the parties hereto and their respective
successors and assigns.
[Remainder of this page intentionally left blank; signature pages to follow.]
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IN WITNESS WHEREOF, the parties hereto have caused this Restated Credit
Agreement to be executed by their respective officers thereunto duly authorized
as of the day and year first above written.
Maryland Corporations:
XXXXXXX XXXXX XXXXX TERM U.S. GOVERNMENT
FUND, INC.
THE ASSET PROGRAM, INC.,
on behalf of the following series:
*Xxxxxxx Xxxxx Mid Cap Value Opportunities Fund
XXXXXXX XXXXX BALANCED CAPITAL FUND, INC.
XXXXXXX XXXXX XXXX FUND, INC.,
on behalf of each of the following series:
*High Income Portfolio
*Intermediate Term Portfolio
*Core Bond Portfolio
XXXXXXX XXXXX DEVELOPING CAPITAL MARKETS
FUND, INC.
XXXXXXX XXXXX DISCIPLINED EQUITY FUND, INC.
XXXXXXX XXXXX FUNDAMENTAL GROWTH FUND, INC.
XXXXXXX XXXXX GLOBAL ALLOCATION FUND, INC.
XXXXXXX XXXXX GLOBAL GROWTH FUND, INC.
XXXXXXX XXXXX GLOBAL SMALLCAP FUND, INC.
XXXXXXX XXXXX GLOBAL TECHNOLOGY FUND, INC.
XXXXXXX XXXXX UTILITIES AND TELECOMMUNICATIONS
FUND, INC.
XXXXXXX XXXXX GLOBAL VALUE FUND, INC.
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XXXXXXX XXXXX HEALTHCARE FUND, INC.
XXXXXXX XXXXX LATIN AMERICA FUND, INC.
XXXXXXX XXXXX MUNICIPAL BOND FUND, INC.,
on behalf of each of the following series:
*The Insured Portfolio
*The National Portfolio
*The Limited Maturity Portfolio
XXXXXXX XXXXX PACIFIC FUND, INC.
XXXXXXX XXXXX FOCUS VALUE FUND, INC.
XXXXXXX XXXXX SERIES FUND, INC.,
on behalf of each of the following series:
*Xxxxxxx Xxxxx Large Cap Core Strategy Portfolio
*Xxxxxxx Xxxxx Global Allocation Strategy
Portfolio
*Xxxxxxx Xxxxx Fundamental Growth Strategy
Portfolio
*High Yield Portfolio
*Intermediate Government Bond Portfolio
*Xxxxxxx Xxxxx Core Bond Strategy Portfolio
*Xxxxxxx Xxxxx Balanced Capital Strategy
Portfolio
XXXXXXX XXXXX VARIABLE SERIES FUNDS, INC.,
on behalf of each of the following series:
*Xxxxxxx Xxxxx American Balanced V.I. Fund
*Xxxxxxx Xxxxx Basic Value V.I. Fund
*Xxxxxxx Xxxxx Global Growth V.I. Fund
*Xxxxxxx Xxxxx Global Allocation V.I. Fund
*Xxxxxxx Xxxxx Utilities and Telecommunications
V.I. Fund
*Xxxxxxx Xxxxx Government Bond V.I. Fund
*Xxxxxxx Xxxxx Index 500 V.I. Fund
*Xxxxxxx Xxxxx Large Cap Core V.I. Fund
*Xxxxxxx Xxxxx Large Cap Value V.I. Fund
*Xxxxxxx Xxxxx Small Cap Value V.I. Fund
(to be renamed Xxxxxxx Xxxxx Value
Opportunities V.I. Fund)
*Xxxxxxx Xxxxx High Current Income V.I. Fund
*Xxxxxxx Xxxxx Core Bond V.I. Fund
*Xxxxxxx Xxxxx Fundamental Growth V.I. Fund
*Xxxxxxx Xxxxx Large Cap Growth V.I. Fund
*Xxxxxxx Xxxxx International Value V.I. Fund
XXXXXXX XXXXX WORLD INCOME FUND, INC.
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Massachusetts Business Trusts:
XXXXXXX XXXXX CALIFORNIA MUNICIPAL SERIES TRUST, on
behalf of the following series:
*Xxxxxxx Xxxxx California Insured Municipal Bond Fund
XXXXXXX XXXXX EUROFUND
XXXXXXX XXXXX U.S. GOVERNMENT MORTGAGE FUND
XXXXXXX XXXXX NATURAL RESOURCES TRUST
XXXXXXX XXXXX MULTI-STATE MUNICIPAL SERIES TRUST,
on behalf of each of the following series:
*Xxxxxxx Xxxxx Florida Municipal Bond Fund
*Xxxxxxx Xxxxx New Jersey Municipal Bond Fund
*Xxxxxxx Xxxxx New York Municipal Bond Fund
*Xxxxxxx Xxxxx Pennsylvania Municipal Bond Fund
XXXXXXX XXXXX MUNICIPAL SERIES TRUST, on behalf of the
following series:
*Xxxxxxx Xxxxx Municipal Intermediate Term Fund
XXXXXXX XXXXX EQUITY DIVIDEND FUND
MERCURY FUNDS II, on behalf of the following series:
*Xxxxxxx Xxxxx International Value Fund
Delaware Business Trusts:
MASTER LARGE CAP SERIES TRUST, on behalf of each of the
following series:
*Master Large Cap Growth Portfolio
*Master Large Cap Value Portfolio
*Master Large Cap Core Portfolio
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QUANTITATIVE MASTER SERIES TRUST, on behalf of each of
the following series:
*Master Enhanced International Series
*Master International (Cap Weighted) Series
*Master Enhanced S&P 500 Series
*Master Extended Market Index Series
*Master Mid Cap Index Series
*Master Aggregate Bond Index Series
*Master S&P 500 Index Series
*Master Small Cap Index Series
*Master Enhanced Small Cap Series
FUND ASSET MANAGEMENT MASTER TRUST, on behalf of the
following series:
*Low Duration Master Portfolio
GLOBAL FINANCIAL SERVICES MASTER TRUST, on behalf of
the following series:
*Global Financial Services Portfolio
MASTER BASIC VALUE TRUST
MASTER FOCUS TWENTY TRUST
MASTER SENIOR FLOATING RATE TRUST
MASTER VALUE OPPORTUNITIES TRUST
MASTER U.S. HIGH YIELD TRUST
MERCURY MASTER TRUST, on behalf of each of the
following series:
*Xxxxxxx Xxxxx Master International Portfolio
*Xxxxxxx Xxxxx Master Small Cap Growth Portfolio
MASTER REAL INVESTMENT TRUST
MASTER INFLATION PROTECTED TRUST
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XXXXXXX XXXXX PRINCIPAL PROTECTED TRUST, on
behalf of each of the following series:
*Xxxxxxx Xxxxx Basic Value Principal
Protected Fund
*Xxxxxxx Xxxxx Fundamental Growth
Principal Protected Fund
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
JPMORGAN CHASE BANK, N.A. (successor by
merger to Bank One, NA)
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 0000
XXXXX XXXXXX BANK AND TRUST COMPANY
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
PNC BANK, NATIONAL ASSOCIATION,
Individually and as Syndication Agent
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 0000
XXX XXXX XX XXX XXXX
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
XXXXX BROTHERS XXXXXXXX & CO.
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
BNP PARIBAS
By:
---------------------------------------
Name:
Title:
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
ABN AMRO BANK N.V.
By:
---------------------------------------
Name:
Title:
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
MELLON BANK, N.A.
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
HSBC BANK USA, N.A.
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 0000
XXXX XX XXXXXXX, N.A.
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
DANSKE BANK A/S
By:
---------------------------------------
Name:
Title:
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
LLOYDS TSB BANK, PLC
By:
---------------------------------------
Name:
Title:
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
CITIBANK, N.A.
By:
---------------------------------------
Name:
Title:
00
XXXX XXXXX
XXXXX AMENDMENT
SIGNATURE PAGE
NOVEMBER 2004
SVENSKA HANDELSBANKEN AB
By:
---------------------------------------
Name:
Title:
By:
---------------------------------------
Name:
Title:
25
Schedule 1
ADDRESSES FOR NOTICES AND
COMMITMENT AMOUNTS
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JPMorgan Chase Bank, N.A. Commitment Amount: $90,000,000
000 Xxxx Xxxxxx Commitment Percentage: 18%
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxxx Xxxxxx
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
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ABN AMRO Bank N.V. Commitment Amount: $25,000,000
000 Xxxx Xxxxxx Commitment Percentage: 5%
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxxx Xxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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The Bank of New York Commitment Amount: $40,000,000
One Wall Street Commitment Percentage: 8%
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxx X. Xxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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BNP Paribas Commitment Amount: $25,000,000
000 0xx Xxxxxx Commitment Percentage: 5%
00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxx Xxxxxxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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1
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HSBC Bank USA Commitment Amount: $25,000,000
000 0xx Xxxxxx Commitment Percentage: 5%
00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Mr. Xxxx Xxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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Bank of America, N.A. Commitment Amount: $25,000,000
000 Xxxxxxx Xxxxxx Commitment Package: 5%
0xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxxx Xxxxxxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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Xxxxx Brothers Xxxxxxxx & Co. Commitment Amount: $25,000,000
00 Xxxxx Xxxxxx Commitment Percentage: 5%
Xxxxxx, XX 00000
Attention: Mr. Xxxxxxx XxXxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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2
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Mellon Bank, N.A. Commitment Amount: $25,000,000
Penn Plaza Commitment Percentage: 5%
00xx Xxxxx
Xxx Xxxx, XX 00000-0000
Attention: Xx. Xxxxxx Xxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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State Street Bank and Trust Company Commitment Amount: $40,000,000
Mutual Fund Lending Commitment Percentage: 8%
Lafayette Corporate Center
0 Xxxxxx xx Xxxxxxxxx
0xx Xxxxx
Xxxxxx, XX 00000
Attention: Xx. Xxxxxxx Xxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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PNC Bank, National Association Commitment Amount: $65,000,000
00 Xxxx 00xx Xxxxxx, 00xx Xxxxx Commitment Percentage: 13%
Xxx Xxxx, XX 00000
Attention: Xxx Xxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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Danske Bank A/S Commitment Amount: $25,000,000
000 Xxxx Xxxxxx, 00xx Xxxxx Commitment Percentage: 5%
Xxx Xxxx, XX 00000
Attention: Xxxxxx Neofitides
Telephone: 000-000-0000
Facsimile: 000-000-0000
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3
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Lloyds TSB Bank, plc Commitment Amount: $40,000,000
1251 Avenue of the Americas Commitment Percentage: 8%
00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Mr. Xxxxxx Xxxxxxx
Telephone: (000) 000 0000
Facsimile: (000) 000 0000
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Citibank, N.A. Commitment Amount: $25,000,000
000 Xxxxxxxxx Xx., 00xx Xx Commitment Percentage: 5%
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxxxx Xxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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Svenska Handelsbanken AB Commitment Amount: $25,000,000
000 Xxxxx Xxxxxx--0xx Floor Commitment Percentage: 5%
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxx Xx
Telephone: 000-000-0000
Facsimile: 000-000-0000
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Schedule 4.9
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Master Senior Floating Rate Trust
Xxxxxxx Xxxxx Xxxxx Term U.S. Government Fund, Inc.
Xxxxxxx Xxxxx California Municipal Series Trust,
on behalf of the following series:
*Xxxxxxx Xxxxx California Insured Municipal Bond Fund
Xxxxxxx Xxxxx U.S. Government Mortgage Fund
Xxxxxxx Xxxxx Multi-State Municipal Series Trust,
on behalf of each of the following series:
*Xxxxxxx Xxxxx Florida Municipal Bond Fund
*Xxxxxxx Xxxxx New Jersey Municipal Bond Fund
*Xxxxxxx Xxxxx New York Municipal Bond Fund
*Xxxxxxx Xxxxx Pennsylvania Municipal Bond Fund
Xxxxxxx Xxxxx Municipal Bond Fund, Inc.,
on behalf of each of the following series:
*The Insured Portfolio
*The National Portfolio
*The Limited Maturity Portfolio
Xxxxxxx Xxxxx Municipal Series Trust,
on behalf of the following series:
*Xxxxxxx Xxxxx Municipal Intermediate
Term Fund
Xxxxxxx Xxxxx Series Funds, Inc.,
on behalf of the following series:
*Intermediate Government Bond Portfolio
Xxxxxxx Xxxxx Variable Series Funds, Inc.,
on behalf of the following series:
*Xxxxxxx Xxxxx Government Bond V.I. Fund
5
Schedule 5.20
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NAME OF BORROWER NAME OF CUSTODIAN *
---------------- -----------------
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Maryland Corporations:
----------------------
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Xxxxxxx Xxxxx Xxxxx Term U.S. Government Fund, Inc. BONY
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The Asset Program, Inc., BONY
on behalf of the following series:
*Xxxxxxx Xxxxx Mid Cap Value Opportunities Fund
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Xxxxxxx Xxxxx Balanced Capital Fund, Inc. BONY
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Xxxx Fund, Inc., State Street
on behalf of each of the following series:
*High Income Portfolio
*Intermediate Term Portfolio
*Core Bond Portfolio
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Xxxxxxx Xxxxx Developing Capital Markets Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Disciplined Equity Fund, Inc. JPMorgan Chase
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Fundamental Growth Fund, Inc. JPMorgan Chase
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global Allocation Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global Growth Fund, Inc. State Street
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global SmallCap Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global Technology Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Utilities and Telecommunications Fund, JPMorgan Chase
Inc.
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Xxxxxxx Xxxxx Global Value Fund, Inc. Xxxxx Brothers
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Xxxxxxx Xxxxx Healthcare Fund, Inc. JPMorgan Chase
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Xxxxxxx Xxxxx Latin America Fund, Inc. Xxxxx Brothers
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Xxxxxxx Xxxxx Municipal Bond Fund, Inc., BONY
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1
Schedule 5.20
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NAME OF BORROWER NAME OF CUSTODIAN *
---------------- -----------------
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on behalf of each of the following series:
*The Insured Portfolio
*The National Portfolio
*The Limited Maturity Portfolio
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Xxxxxxx Xxxxx Pacific Fund, Inc. Xxxxx Brothers
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Xxxxxxx Xxxxx Focus Value Fund, Inc. JPMorgan Chase
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Xxxxxxx Xxxxx Series Fund, Inc., BONY
on behalf of each of the following series:
*Xxxxxxx Xxxxx Large Cap Core Strategy Portfolio
*Xxxxxxx Xxxxx Global Allocation Strategy Portfolio
*Xxxxxxx Xxxxx Fundamental Growth Strategy Portfolio
*High Yield Portfolio
*Intermediate Government Bond Portfolio
*Xxxxxxx Xxxxx Core Bond Strategy Portfolio
*Xxxxxxx Xxxxx Balanced Capital Strategy Portfolio
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Xxxxxxx Xxxxx Variable Series Funds, Inc., All BONY except as noted.
on behalf of each of the following series:
*Xxxxxxx Xxxxx American Balanced V.I. Fund
*Xxxxxxx Xxxxx Basic Value V.I. Fund
*Xxxxxxx Xxxxx Global Growth V.I. Fund
*Xxxxxxx Xxxxx Global Allocation V.I. Fund
*Xxxxxxx Xxxxx Utilities and Telecommunications
V.I. Fund
*Xxxxxxx Xxxxx Government Bond V.I. Fund
*Xxxxxxx Xxxxx Index 500 V.I. Fund
*Xxxxxxx Xxxxx Large Cap Core V.I. Fund
*Xxxxxxx Xxxxx Large Cap Value V.I. Fund
*Xxxxxxx Xxxxx High Current Income V.I. Fund
*Xxxxxxx Xxxxx Core Bond V.I. Fund
*Xxxxxxx Xxxxx Fundamental Growth V.I. Fund
*Xxxxxxx Xxxxx Small Cap Value V.I. Fund (to be
renamed Xxxxxxx Xxxxx Value Opportunities V.I. Fund)
*Xxxxxxx Xxxxx Large Cap Growth V.I. Fund Xxxxx Brothers
*Xxxxxxx Xxxxx International Value V.I. Fund Xxxxx Brothers
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Xxxxxxx Xxxxx World Income Fund, Inc. State Street
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2
Schedule 5.20
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NAME OF BORROWER NAME OF CUSTODIAN *
---------------- -----------------
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Massachusetts Business Trusts:
------------------------------
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Xxxxxxx Xxxxx California Municipal Series Trust, on BONY
behalf of the following series:
*Xxxxxxx Xxxxx California Insured Municipal Bond Fund
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Xxxxxxx Xxxxx EuroFund Xxxxx Brothers
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Xxxxxxx Xxxxx U.S. Government Mortgage Fund BONY
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Xxxxxxx Xxxxx Natural Resources Trust BONY
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Xxxxxxx Xxxxx Multi-State Municipal Series Trust, on State Street
behalf of each of the following series:
*Xxxxxxx Xxxxx Florida Municipal Bond Fund
*Xxxxxxx Xxxxx New Jersey Municipal Bond Fund
*Xxxxxxx Xxxxx New York Municipal Bond Fund
*Xxxxxxx Xxxxx Pennsylvania Municipal Bond Fund
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Xxxxxxx Xxxxx Municipal Series Trust, on behalf of State Street
the following series:
*Xxxxxxx Xxxxx Municipal Intermediate Term Fund
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Xxxxxxx Xxxxx Equity Dividend Fund State Street
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Mercury Funds II, on behalf of the following series: Xxxxx Brothers
*Xxxxxxx Xxxxx International Value Fund
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Delaware Business Trusts:
-------------------------
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Global Financial Services Master Trust, Xxxxx Brothers
on behalf of the following series:
*Global Financial Services Portfolio
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Quantitative Master Series Trust All Xxxxxxx Xxxxx Global
on behalf of each of the following series: Custody except as noted
*Master Aggregate Bond Index Series
*Master S&P 500 Index Series
*Master Small Cap Index Series
*Master Enhanced International Series JPMorgan Chase
*Master International (Cap Weighted) Series JPMorgan Chase
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3
Schedule 5.20
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--------------------------------------------------------------------------------
NAME OF BORROWER NAME OF CUSTODIAN *
---------------- -----------------
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*Master Enhanced S&P 500 Series JPMorgan Chase
*Master Extended Market Index Series JPMorgan Chase
*Master Mid Cap Index Series JPMorgan Chase
*Master Enhanced Small Cap Series JPMorgan Chase
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Master Basic Value Trust BONY
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Master Focus Twenty Trust BONY
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Master Senior Floating Rate Trust BONY
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Master Value Opportunities Trust BONY
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Master U.S. High Yield Trust State Street
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Mercury Master Trust, Xxxxx Brothers
on behalf of each of the following series:
*Xxxxxxx Xxxxx Master International Portfolio
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* Xxxxxxx Xxxxx Master Small Cap Growth Portfolio
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Master Large Cap Series Trust, on behalf of each of Xxxxx Brothers
the following series:
*Master Large Cap Core Portfolio
*Master Large Cap Growth Portfolio
*Master Large Cap Value Portfolio
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Master Real Estate Investment Trust BONY
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Master Inflation Protected Trust BONY
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Xxxxxxx Xxxxx Principal Protected Trust, on behalf Xxxxx Brothers
of each of the following series:
*Xxxxxxx Xxxxx Basic Value Principal Protected Fund
*Xxxxxxx Xxxxx Fundamental Growth Principal Protected
Fund
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Fund Asset Management Master Trust, on behalf of Xxxxx Brothers
the following series:
*Low Duration Master Portfolio
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*
1. "BONY" = The Bank of New York
4
Schedule 5.20
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2. "Xxxxx Brothers" = Xxxxx Brothers Xxxxxxxx & Co.
3. "JPMorgan Chase" = JPMorgan Chase Bank, N.A.
4. "State Street" = State Street Bank and Trust Company
5
