W I T N E S S E T H :
Exhibit 10.12
[EXECUTION COPY]
AMENDMENT NO. 3 TO CREDIT AGREEMENT
AMENDMENT dated as of May 30, 2001 to the $765,000,000 Credit Agreement
dated as of April 13, 1998, as amended as of April 9, 1999 and November 15, 1999
(as so amended, the "CREDIT AGREEMENT") among CAPITA CORPORATION (the
"BORROWER"), CIT FINANCIAL LTD. ("CIT FINANCIAL"), NEWCOURT CREDIT GROUP USA
INC. ("NEWCOURT"), the BANKS party thereto (the "BANKS") and XXXXXX GUARANTY
TRUST COMPANY OF NEW YORK, as Administrative Agent (the "ADMINISTRATIVE AGENT").
W I T N E S S E T H :
WHEREAS, the parties hereto desire to amend the Credit Agreement as more
fully set forth below;
NOW, THEREFORE, the parties hereto agree as follows:
SECTION 1. DEFINED TERMS; REFERENCES. Unless otherwise specifically
defined herein, each term used herein which is defined in the Credit Agreement
has the meaning assigned to such term in the Credit Agreement. Each reference to
"hereof", "hereunder", "herein" and "hereby" and each other similar reference
and each reference to "this Agreement" and each other similar reference
contained in the Credit Agreement shall, after this Amendment becomes effective,
refer to the Credit Agreement as amended hereby.
SECTION 2. AMENDMENTS TO CREDIT AGREEMENT. (a) The following new term is
added to Section 1.01 of the Credit Agreement in appropriate alphabetical order:
"TYCO ACQUISITION" means the proposed acquisition of The CIT Group, Inc.
by Tyco International Ltd. publicly announced on March 13, 2001.
(b) Clause (j) of Section 6.01 of the Credit Agreement is amended to add
the words "or the Tyco Acquisition" immediately after the words "the CIT
Acquisition".
SECTION 3. REPRESENTATIONS OF BORROWER. The Borrower represents and
warrants that (i) the representations and warranties of the Borrower set forth
in Article 4 of the Credit Agreement will be true on and as of the Amendment
Effective Date and (ii) no Default will have occurred and be continuing on such
date.
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. 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.
SECTION 6. EFFECTIVENESS. This Amendment shall become effective as of the
date hereof on the date when (the "AMENDMENT EFFECTIVE DATE") the Administrative
Agent shall have received from each of the Borrower, CIT Financial, Newcourt and
the Required Banks a counterpart hereof signed by such party or facsimile or
other written confirmation (in form satisfactory to the Administrative Agent)
that such party has signed a counterpart hereof.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed as of the date first above written.
CAPITA CORPORATION
By /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X. Xxxxx
Title: Executive Vice President
& Treasurer
CIT FINANCIAL LTD.
By /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X. Xxxxx
Title: Executive Vice President
& Treasurer
NEWCOURT CREDIT GROUP USA INC.
By /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X. Xxxxx
Title: Executive Vice President
& Treasurer
XXXXXX GUARANTY TRUST
COMPANY OF NEW YORK
By______________________________________
Name:
Title:
CANADIAN IMPERIAL BANK OF
COMMERCE
By______________________________________
Name:
Title:
3
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed as of the date first above written.
CAPITA CORPORATION
By______________________________________
Name:
Title:
CIT FINANCIAL LTD.
By______________________________________
Name:
Title:
NEWCOURT CREDIT GROUP USA INC.
By______________________________________
Name:
Title:
XXXXXX GUARANTY TRUST
COMPANY OF NEW YORK
By /s/ Xxxxx X. Dell'Aquila
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed as of the date first above written.
CAPITA CORPORATION
By______________________________________
Name:
Title:
CIT FINANCIAL LTD.
By______________________________________
Name:
Title:
NEWCOURT CREDIT GROUP USA INC.
By______________________________________
Name:
Title:
XXXXXX GUARANTY TRUST
COMPANY OF NEW YORK
By______________________________________
Name:
Title:
CANADIAN IMPERIAL BANK OF
COMMERCE
By /s/
--------------------------------------
Name:
Title: EXECUTIVE DIRECTOR
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DEUTSCHE BANK AG. NEW YORK
BRANCH AND/OR CAYMAN
ISLANDS BRANCHES
By /s/ Xxxxx X. Xxxxxxxxxx
--------------------------------------
Name: Xxxxx X. Xxxxxxxxxx
Title: Director
By /s/ Xxxxxxx Xxxxxxxx
--------------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Managing Director
THE CHASE MANHATTAN BANK
By______________________________________
Name:
Title:
BANK OF AMERICA NT & SA
By______________________________________
Name:
Title:
BARCLAYS BANK PLC
By______________________________________
Name:
Title:
DEUTSCHE BANK AG. NEW YORK
BRANCH AND/OR CAYMAN
ISLANDS BRANCHES
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
THE CHASE MANHATTAN BANK
By /s/ Xxxxx Xxxxxx
--------------------------------------
Name: Xxxxx Xxxxxx
Title: Vice President
BANK OF AMERICA NT & SA
By______________________________________
Name:
Title:
BARCLAYS BANK PLC
By______________________________________
Name:
Title:
DEUTSCHE BANK AG. NEW YORK
BRANCH AND/OR CAYMAN
ISLANDS BRANCHES
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
THE CHASE MANHATTAN BANK
By______________________________________
Name:
Title:
BANK OF AMERICA NT & SA
By /s/
--------------------------------------
Name:
Title: Managing Director
BARCLAYS BANK PLC
By______________________________________
Name:
Title:
DEUTSCHE BANK AG. NEW YORK
BRANCH AND/OR CAYMAN
ISLANDS BRANCHES
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
THE CHASE MANHATTAN BANK
By______________________________________
Name:
Title:
BANK OF AMERICA NT & SA
By______________________________________
Name:
Title:
BARCLAYS BANK PLC
By /s/ Xxxxxx XxXxxxxx
--------------------------------------
Name: Xxxxxx XxXxxxxx
Title: Associate Director
CREDIT LYONNAIS NEW YORK BRANCH
By /s/ Xxxxxxxxx Xxxxx
--------------------------------------
Name: Xxxxxxxxx Xxxxx
Title: Senior Vice President
DRESDNER BANK AG
NEW YORK AND GRAND CAYMAN
BRANCHES
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
FIRST UNION NATIONAL BANK
By______________________________________
Name:
Title:
BANC ONE CAPITAL MARKETS
By______________________________________
Name:
Title:
CREDIT LYONNAIS
By______________________________________
Name:
Title:
DRESDNER BANK AG
NEW YORK AND GRAND CAYMAN
BRANCHES
By /s/ X. Xxxxxx Xxxxxxxxx
--------------------------------------
Name: X. XXXXXX BEAUDOUIN
Title: DIRECTOR
By /s/ Xxxx Van Der Griend
--------------------------------------
Name: XXXX VAN DER GRIEND
Title: DIRECTOR
FIRST UNION NATIONAL BANK
By______________________________________
Name:
Title:
BANC ONE CAPITAL MARKETS
By______________________________________
Name:
Title:
CREDIT LYONNAIS
By______________________________________
Name:
Title:
DRESDNER BANK AG
NEW YORK AND GRAND CAYMAN
BRANCHES
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
FIRST UNION NATIONAL BANK
By /s/ Xxxx X. Xxxxxxx
--------------------------------------
Name: XXXX X. XXXXXXX
Title: SENIOR VICE PRESIDENT
BANC ONE CAPITAL MARKETS
By______________________________________
Name:
Title:
CREDIT LYONNAIS
By______________________________________
Name:
Title:
DRESDNER BANK AG
NEW YORK AND GRAND CAYMAN
BRANCHES
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
FIRST UNION NATIONAL BANK
By______________________________________
Name:
Title:
BANC ONE CAPITAL MARKETS
By /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X. Xxxxx
Title: First Vice President
BANKONE
FLEET BANK, N.A.
By /s/ Xxxxxx X. X. Xxxxxx
--------------------------------------
Name: XXXXXX X. X. XXXXXX
Title: MANAGING DIRECTOR
HSBC BANK USA
By______________________________________
Name:
Title:
NATIONAL AUSTRALIA BANK
LIMITED
By______________________________________
Name:
Title:
ROYAL BANK OF CANADA
By______________________________________
Name:
Title:
THE BANK OF NOVA SCOTIA
By______________________________________
Name:
Title:
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FLEET BANK, N.A.
By______________________________________
Name:
Title:
HSBC BANK USA
By /s/ Xxxxx Xxxxxxxxx
--------------------------------------
Name: Xxxxx Xxxxxxxxx
Title: FVP
NATIONAL AUSTRALIA BANK
LIMITED
By______________________________________
Name:
Title:
ROYAL BANK OF CANADA
By______________________________________
Name:
Title:
THE BANK OF NOVA SCOTIA
By______________________________________
Name:
Title:
6
FLEET BANK, N.A.
By______________________________________
Name:
Title:
HSBC BANK USA
By______________________________________
Name:
Title:
NATIONAL AUSTRALIA BANK
LIMITED
By /s/ Xxxx Xxxxxx
--------------------------------------
Name: Xxxx Xxxxxx
Title: Vice President
ROYAL BANK OF CANADA
By______________________________________
Name:
Title:
THE BANK OF NOVA SCOTIA
By______________________________________
Name:
Title:
6
FLEET BANK, N.A.
By______________________________________
Name:
Title:
HSBC BANK USA
By______________________________________
Name:
Title:
NATIONAL AUSTRALIA BANK
LIMITED
By______________________________________
Name:
Title:
ROYAL BANK OF CANADA
By /s/ Xxxxx Xxxx
--------------------------------------
Name: XXXXX XXXX
Title: MANAGER
THE BANK OF NOVA SCOTIA
By______________________________________
Name:
Title:
6
FLEET BANK, N.A.
By______________________________________
Name:
Title:
HSBC BANK USA
By______________________________________
Name:
Title:
NATIONAL AUSTRALIA BANK
LIMITED
By______________________________________
Name:
Title:
ROYAL BANK OF CANADA
By______________________________________
Name:
Title:
THE BANK OF NOVA SCOTIA
By /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X. Xxxxx
Title: Managing Director
6
TORONTO DOMINION (TEXAS), INC.
By /s/ Xxx X. Xxxxxx
--------------------------------------
Name: Xxx X. Xxxxxx
Title: Vice President
By______________________________________
Name:
Title:
BANCA MONTE DEI PASCHI
DI SIENA S.P.A.
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
COMERICA BANK
By______________________________________
Name:
Title:
CREDIT SUISSE FIRST BOSTON
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
TORONTO DOMINION (TEXAS), INC.
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
BANCA MONTE DEI PASCHI
DI SIENA S.P.A.
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
COMERICA BANK
By /s/ Xxxx X. Xxxxxx
--------------------------------------
Name: Xxxx X. Xxxxxx
Title: Account Officer
CREDIT SUISSE FIRST BOSTON
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
TORONTO DOMINION (TEXAS), INC.
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
BANCA MONTE DEI PASCHI
DI SIENA S.P.A.
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
COMERICA BANK
By______________________________________
Name:
Title:
CREDIT SUISSE FIRST BOSTON
By /s/ Xxx Xxxxx
--------------------------------------
Name: Xxx Xxxxx
Title: Director
By /s/ Xxxxxx X. Xxxxx
--------------------------------------
Name: XXXXXX X. XXXXX
Title: DIRECTOR
CITIBANK, N.A.
By /s/ X. X. Xxxx
--------------------------------------
Name: X. X. XXXX
Title: VICE PRESIDENT
SOCIETE GENERALE
By______________________________________
Name:
Title:
THE BANK OF NEW YORK
By______________________________________
Name:
Title:
BANCO SANTANDER CENTRAL
HISPANOAMERICANO S.A.,
NEW YORK BRANCH
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
BNP PARIBAS
By______________________________________
Name:
Title:
By______________________________________
Name:
Title:
BAYERISCHE LANDESBANK
GIROZENTRALE, CAYMAN
ISLANDS BRANCH
By /s/ Xxxxxxxx Xxxxxxxx
--------------------------------------
Name: Xxxxxxxx Xxxxxxxx
Title: Senior Vice President
By /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X. Xxxxx
Title: Vice President
THE FUJI BANK, LIMITED,
NEW YORK BRANCH
By______________________________________
Name:
Title:
--------------------------------------
Name: XXXXX X. DELL'AQUILA
Title: VICE PRESIDENT
CANADIAN IMPERIAL BANK OF
COMMERCE
By______________________________________
Name:
Title:
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