CREDIT AGREEMENT Dated as of March 8, 2024 among NIKE, INC., as the Company, BANK OF AMERICA, N.A., as Administrative Agent, CITIBANK, N.A., and JPMORGAN CHASE BANK, N.A. as Co-Syndication Agents, DEUTSCHE BANK SECURITIES INC., GOLDMAN SACHS BANK USA,...Credit Agreement • March 11th, 2024 • NIKE, Inc. • Rubber & plastics footwear • New York
Page Article I DEFINITIONS AND OTHER INTERPRETIVE PROVISIONS 1 1.1 Defined Terms 1 1.2 Other Interpretive Provisions 22 1.3 References to Agreements and Laws 22 1.4 Interest Rates 22 1.5 Exchange Rates; Currency Equivalents 23 1.6 Additional Alternative Currencies. 23 Article II THE FACILITY 24 2.1 The Facility 24 2.2 Advances 24 2.3 [Reserved] 26 2.4 Fees 26 2.5 General Facility Terms 27 2.6 Extension of Termination Date 32 2.7 Increase in Commitments 33 2.8 Defaulting Banks 34 2.9 Designated Borrowers 36 2.1 Term Out Option 37 2.11 Removal of Borrowers 37 Article III TAXES, CHANGE IN CIRCUMSTANCES 37 3.1 Taxes 37 3.2 Yield Protection 41 3.3 Inability to Determine Rates 42 3.4 Funding Indemnification 44 3.5 [Reserved] 44 3.6 Bank Statements; Survival of Indemnity 44 3.7 Removal of Banks 45 Article IV CONDITIONS PRECEDENT 45 4.1 Closing 45 4.2 Each Advance 47 Article V REPRESENTATIONS AND WARRANTIES 48 5.1 Corporate Existence 48 5.2 Authorization and Validity 48 5.3 No Conflict; Govern
