FIVE-YEAR CREDIT AGREEMENT dated as of April 30, 2007 among BROWN-FORMAN CORPORATION BROWN-FORMAN BEVERAGES, EUROPE, LTD The Other Borrowing Subsidiaries Parties Hereto The Lenders Party Hereto BANK OF AMERICA, N.A., as Syndication Agent CITICORP...Five-Year Credit Agreement • September 8th, 2011 • Brown Forman Corp • Beverages • New York
Page ARTICLE I Definitions SECTION 1.01. Defined Terms 1 SECTION 1.02. Classification of Loans and Borrowings 19 SECTION 1.03. Terms Generally 20 SECTION 1.04. Accounting Terms; GAAP 20 SECTION 1.05. Currency Translation 20 ARTICLE II The Credits SECTION 2.01. Commitments 21 SECTION 2.02. Loans and Borrowings 21 SECTION 2.03. Requests for Revolving Borrowings 22 SECTION 2.04. Competitive Bid Procedure 23 SECTION 2.05. Letters of Credit 26 SECTION 2.06. Funding of Borrowings 32 SECTION 2.07. Interest Elections 32 SECTION 2.08. Termination, Reduction and Increase of Commitments 34 SECTION 2.09. Extension of Maturity Date 35 SECTION 2.10. Repayment of Loans; Evidence of Debt 36 SECTION 2.11. Prepayment of Loans 37 SECTION 2.12. Fees 38 SECTION 2.13. Interest 39 SECTION 2.14. Alternate Rate of Interest 40 SECTION 2.15. Increased Costs 41 SECTION 2.16. Break Funding Payments 43 SECTION 2.17. Taxes 43 SECTION 2.18. Payments Generally; Pro Rata Treatment; Sharing of Set-offs 44 SECTION 2.19.
