CONFORMED COPY
AMENDMENT NO. 1 TO CREDIT AGREEMENT
AMENDMENT dated as of February 28, 1997 to the
Credit Agreement dated as of February 10, 1997 (the
"Credit Agreement"), among Norfolk Southern Corporation,
the Banks listed on the signature pages hereof, Xxxxxx
Guaranty Trust Company of New York, as Administrative
Agent, and Xxxxxxx Xxxxx Capital Corporation, as
Documentation Agent.
W I T N E S S E T H:
WHEREAS, the Borrower and the Banks desire to
amend the Credit Agreement as set forth below;
NOW, THEREFORE, the parties hereto agree as
follows:
SECTION 1. Definitions, References. Unless
otherwise specifically defined herein, each term used
herein which is defined in the Credit Agreement shall
have the meaning assigned to such term in the Credit
Agreement. Each reference therein to "this Agreement",
"hereof", "hereunder", "herein" and "hereby" and each
similar reference contained in the Credit Agreement shall
from and after the date hereof refer to the Credit
Agreement as amended hereby.
SECTION 2. Amendment of Section 1.01 of the
Agreement. The definition of "Revolving Credit
Termination Date" in Section 1.01 is amended to read in
its entirety as follows:
"Revolving Credit Termination Date" means
August 1, 1998; provided that the Revolving Credit
Termination Date shall be extended to the date which
is the fifth anniversary of the Closing Date if on
or prior to August 1, 1997 the Acquisition Date
shall have occurred (or, if such fifth anniversary
date is not a Euro-Dollar Business Day, the next
succeeding Euro-Dollar Business Day unless such
Euro-Dollar Business Day falls in another calendar
month, in which case the Revolving Credit
Termination Date shall be the next preceding
Euro-Dollar Business Day).
SECTION 3. Amendment of Section 2.12 of the
Agreement. Subsection (b) of Section 2.12 is amended to
read in its entirety as follows:
(b) If the Acquisition Date shall not have
occurred on or prior to August 1, 1997 (i) all Term
Commitments shall terminate on such date and (ii)
the Revolving Credit Commitments, to the extent not
theretofore reduced to the same or a lesser amount
pursuant to Section 2.09, shall be ratably reduced
to an aggregate amount of $1,650,000,000.
SECTION 4. Governing Law. This Amendment
shall be governed by and construed in accordance with the
laws of the State of New York.
SECTION 5. Counterparts; Effectiveness.
This Amendment may be signed in any number of
counterparts, each of which shall be an original, with
the same effect as if the signatures thereto and hereto
were upon the same instrument. This Amendment shall
become effective as of the date hereof when the
Administrative Agent shall have received duly executed
counterparts hereof signed by each of the parties hereto
(or, in the case of any party as to which an executed
counterpart shall not have been received, the
Administrative Agent shall have received telegraphic,
telex or other written confirmation from such party of
execution of a counterpart hereof by such party).
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be duly executed by their respective
authorized officers as of the day and year first above
written.
NORFOLK SOUTHERN CORPORATION
By /s/ Xxxxxxx X. Xxxxx
------------------------------
Title: Vice President and
Treasurer
XXXXXX GUARANTY TRUST COMPANY OF
NEW YORK
By /s/ Xxxxxxx X. Xxxxxxxxxx
------------------------------
Title: Vice President
XXXXXXX XXXXX CAPITAL CORPORATION
By /s/ Xxxxxxxxxxx Xxxxxxx
------------------------------
Title: Vice President
BANK OF MONTREAL
By /s/ Xxxxxxx X. XxXxxxxx
------------------------------
Title: Director
THE BANK OF NEW YORK
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Title: Vice President
BANKERS TRUST COMPANY
By /s/ Xxxx Xxxxxxx
------------------------------
Title: Vice President
CANADIAN IMPERIAL BANK OF COMMERCE
By /s/ Xxxxx X. X Xxxxxxxx
------------------------------
Title: Director
CIBC Wood Gundy
Securities Corp., as Agent
CREDIT LYONNAIS ATLANTA AGENCY
By /s/ Xxxxxx Xxxxxxxxx
------------------------------
Title: Senior Vice President
THE DAI-ICHI KANGYO BANK, LTD.,
NEW YORK BRANCH
By /s/ Xxxxxx X. Xxxxxxxxx
------------------------------
Title: Assistant Vice President
DRESDNER BANK AG, NEW YORK AND
GRAND CAYMAN BRANCHES
By /s/ Xxxxxxx Xxxxx
------------------------------
Title: Assistant Treasurer
By /s/ Xxxxxx X. Xxxxxx
------------------------------
Title: Vice President
THE FIRST NATIONAL BANK OF CHICAGO
By /s/ Xxx X. Xxxxx
------------------------------
Title: Vice President
FIRST UNION NATIONAL BANK OF NORTH
CAROLINA
By /s/ Xxxxx X. Xxxxxxxxxx
------------------------------
Title: Vice President
THE FUJI BANK, LTD.
By /s/ Xxxxxxxx Xxxxxxxxx
------------------------------
Title: Vice President and Manager
THE INDUSTRIAL BANK OF JAPAN,
LIMITED - NEW YORK BRANCH
By /s/ Xxxx X. Xxxxxx
------------------------------
Title: Senior Vice President
LTCB TRUST COMPANY
By /s/ Xxxxxx Xxxxxx
------------------------------
Title: Executive Vice President
THE MITSUBISHI TRUST AND BANKING
CORPORATION
By /s/ Xxxxxxxx Xxxxx xx Xxxx
------------------------------
Title: Senior Vice President
ROYAL BANK OF CANADA
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Title: Manager
THE SANWA BANK, LIMITED
By /s/ Xxxxxxx X. Xxxxxx
------------------------------
Title: Vice President
By /s/ Xxxxxx X. Xxxxxxx
------------------------------
Title: Vice President
SOCIETE GENERALE
By /s/ Xxxxx Xxxxx
------------------------------
Title: Vice President and Manager
THE SUMITOMO BANK, LIMITED
NEW YORK BRANCH
By /s/ Xxxx X. Xxxxxxxxx
------------------------------
Title: Joint General Manager
THE TOKAI BANK, LIMITED, NEW YORK
BRANCH
By /s/ Xxxxx Xxx
------------------------------
Title: Assistant General Manager
TORONTO DOMINION (NEW YORK), INC.
By /s/ Xxxxxx X. Xxxxxx
------------------------------
Title: Vice President
UNION BANK OF SWITZERLAND,
NEW YORK BRANCH
By /s/ Xxxxxx Xxxxxxx
------------------------------
Title: Vice President
By /s/ Xxxxxx Xxxxx
------------------------------
Title: Vice President
WACHOVIA BANK OF NORTH CAROLINA, N.A.
By /s/ W. Xxxxxxx Xxxxxxx, Xx.
------------------------------
Title: Vice President
ABN AMRO BANK N.V., NEW YORK BRANCH
By /s/ Xxxxxxx X. Xxxxx
------------------------------
Title: Group Vice President
By /s/ Xxxxxx X. Xxxxxx
------------------------------
Title: Assistant Vice President
BANCA COMMERCIALE ITALIANA,
NEW YORK BRANCH
By /s/ Xxxxxxx Xxxxxxxxx
------------------------------
Title: Vice President
By /s/ X. Xxxxxxx
------------------------------
Title: Assistant Vice President
THE BANK OF TOKYO-MITSUBISHI, LTD.
By /s/ Xxxxxxx X. Xxxxx, Xx.
------------------------------
Title: Vice President
BANQUE PARIBAS
By /s/ Xxxx X. XxXxxxxxx, III
------------------------------
Title: Vice President
By /s/ Xxxx X. Xxxxxxxx
------------------------------
Title: Group Vice President
COMMERZBANK AG, NEW YORK BRANCH
By /s/ Xxxxxxx Xxxxxxxxxx
------------------------------
Title: Vice President
By /s/ Xxxxxx X. Xxxxxxxx
------------------------------
Title: Assistant Treasurer
COMPAGNIE FINANCIERE DE CIC ET DE
L'UNION EUROPEENNE
By /s/ Xxxx Xxxxxxx
------------------------------
Title: First Vice President
By /s/ Xxxxxx Xxxxxx
------------------------------
Title: Vice President
COOPERATIEVE CENTRALE RAIFFEISEN-
BOERENLEENBANK B.A., RABOBANK NEDERLAND
By /s/ Xxx Xxxxx
------------------------------
Title: Vice President and Manager
By /s/ Xxxxxx X. Xxxxxx
------------------------------
Title: Vice President
CREDIT SUISSE FIRST BOSTON
By /s/ Xxxxxx X. Xxxxx
------------------------------
Title: Associate
By /s/ Xxxxxx Xxxxxxxxxx
------------------------------
Title: Associate
DG BANK DEUTSCHE GENOSSENSCHAFTSBANK
By /s/ Xxx Xxx Xxxxxxx
------------------------------
Title: Assistant Vice President
By /s/ Xxxxx X. Xxxxxxxx
------------------------------
Title: Vice President
FLEET NATIONAL BANK
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Title: Senior Vice President
KEYBANK NATIONAL ASSOCIATION
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Title: Assistant Vice President
THE ASAHI BANK, LTD.
By /s/ Xxxxxx Xxxx
------------------------------
Title: Manager
By /s/ Wit Derby
------------------------------
Title: Vice President
THE ROYAL BANK OF SCOTLAND PLC
By /s/ Xxxxx Xxxxxx
------------------------------
Title: Vice President
THE SAKURA BANK, LIMITED
By /s/ Xxxxxxxxx Xxxxxx
------------------------------
Title: Vice President
THE TOYO TRUST & BANKING COMPANY, LIMITED
By /s/ T. Mikumo
------------------------------
Title: Vice President
WESTDEUTSCHE LANDESBANK
GIROZENTRALE, NEW YORK BRANCH
By /s/ Xxxxxxx X. Xxxxxx
------------------------------
Title: Managing Director
By /s/ Xxxxxxx X. XxXxxxxxx
------------------------------
Title: Managing Director
BAYERISCHE LANDESBANK
By /s/ Xxxxx Xxxxxxxx
------------------------------
Title: Senior Vice President
Manager Lending Division
By /s/ Xxxx X Xxxxxxxx
------------------------------
Title: Second Vice President
DEUTSCHE BANK AG, NEW YORK
AND/OR CAYMAN ISLANDS BRANCH
By /s/ Xxxxxx Xxxxxxxxx
------------------------------
Title: Assistant Vice President
By /s/ Xxxxxx X. Xxxx, Xx.
------------------------------
Title: Vice President
LLOYDS BANK PLC
By /s/ Xxxxxxx X. Xxxxxxxx
------------------------------
Title: Vice President
By /s/ Xxxx X. Xxxxxxxxx
------------------------------
Title: Vice President
THE NIPPON CREDIT BANK, LTD.
By /s/ Xxxxxxxxx Xxxxxxxx
------------------------------
Title: Vice President and Manager
THE YASUDA TRUST & BANKING
CO., LIMITED
By /s/ Xxxxxxxx Xxxxxx
------------------------------
Title: Chief Representative
BAYERISCHE HYPOTHEKEN-UND
WECHSEL-BANK AG, NEW YORK BRANCH
By /s/ Xxxxx Xxxxxx
------------------------------
Title: Vice President
By /s/ Xxx Xxxxxx
------------------------------
Title: Vice President
BAYERISCHE VEREINSBANK AG,
NEW YORK BRANCH
By /s/ Xxxxxxxx Xxxxxxxxxx
------------------------------
Title: Vice President
By /s/ Xxxxxx X. Xxxxx
------------------------------
Title: Vice President
BHF - BANK AKTIENGESELLSCHAFT
By /s/ Xxxx X. Xxxxxx
------------------------------
Title: Vice President
By /s/ Xxxxxx X. Xxxxx
------------------------------
Title: Assistant Vice President
CAISSE NATIONALE DE CREDIT AGRICOLE
By /s/ Xxxxx Xxxxx
------------------------------
Title: First Vice President
Head of Corporate Banking,
Chicago
CREDIT LOCAL DE FRANCE
By /s/ Xxxxx Xxxxxxxx
------------------------------
Title: Deputy General Manager
By /s/ Xxxx Xxxxx
------------------------------
Title: Vice President
THE MITSUI TRUST AND BANKING
COMPANY, LIMITED NEW YORK BRANCH
By /s/ Xxxxxxx X. Xxxxxx
------------------------------
Title: Vice President
SUNTRUST BANK, ATLANTA
By /s/ Xxxx X. Xxxxxxx
------------------------------
Title: Assistant Vice President
By /s/ Xxxxxxxx X. Xxxxx, III
------------------------------
Title: Group Vice President/
Group Manager
BANCA NAZIONALE DEL LAVORO
SPA - NEW YORK BRANCH
By /s/ Xxxxxxxx Xxxxxxxx
------------------------------
Title: First Vice President
By /s/ Xxxxxx X. Medida
------------------------------
Title: Vice President
BANQUE FRANCAISE DU COMMERCE EXTERIEUR
By /s/ G. Xxxxx Xxxxxx
------------------------------
Title: Vice President
By /s/ Xxxxx X. Xxxxxxxxxx
------------------------------
Title: Assistant Treasurer
CREDITANSTALT-BANKVEREIN
By /s/ Xxxxxxxxx X. Xxxxxx
------------------------------
Title: Vice President
By /s/ Xxxxxxx X. Xxxxxxxxxxx
------------------------------
Title: Vice President
CRESTAR BANK
By /s/ Xxxxx X. Xxxx
------------------------------
Title: Vice President
THE SUMITOMO TRUST & BANKING CO.,
LTD., NEW YORK BRANCH
By /s/ Xxxxx X. Xxxxxx
------------------------------
Title: Senior Vice President
Manager, Corporate
Finance Dept.
XXXXX XXXX BANK CO., LTD.
By /s/ Liang Yuh Xxxxx
------------------------------
Title: Senior Vice President
and General Manager
NATIONAL BANK OF KUWAIT SAK
By /s/ Mahannad Kamal
------------------------------
Title: Executive Manager
By /s/ Xxxxxx X. XxXxxxx
------------------------------
Title: Deputy Division Manager
STAR BANK, N.A.
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Title: Vice President
PER PRO XXXXX BROTHERS
XXXXXXXX & CO.
By /s/ Xxxxxxx X. Xxxxxx
------------------------------
Title: Senior Credit Officer
BARCLAYS BANK PLC
By /s/ L. Xxxxx Xxxxxx
------------------------------
Title: Associate Director
COMERICA BANK
By /s/ Xxxxxx X. Xxxxx
------------------------------
Title: Assistant Vice President
GULF INTERNATIONAL BANK B.S.C.
By /s/ Xxxxxx X. Xxxxxxxxxxx
------------------------------
Title: Vice President
By /s/ I.N. Baconi
------------------------------
Title: Senior Vice President
and Branch Manager
XXXXXX GUARANTY TRUST COMPANY
OF NEW YORK, as Administrative Agent
By /s/ Xxxxxxx X. Xxxxxxxxxx
------------------------------
Title: Vice President
XXXXXXX XXXXX CAPITAL
CORPORATION, as Documentation Agent
By /s/ Xxxxxxxxxxx Xxxxxxx
------------------------------
Title: Vice President
