REVOLVING CREDIT AGREEMENT dated as of October 30, 2013 among LG&E AND KU ENERGY LLC, THE LENDERS FROM TIME TO TIME PARTY HERETO and PNC BANK, NATIONAL ASSOCIATION, as the Administrative Agent and the Issuing Lender PNC CAPITAL MARKETS LLC, as Sole...Revolving Credit Agreement • February 24th, 2014 • PPL Electric Utilities Corp • Electric services • New York
TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 Section 1.01 Definitions 1 ARTICLE II THE CREDITS 13 Section 2.01 Commitments to Lend 13 Section 2.02 Reserved 13 Section 2.03 Notice of Borrowings 13 Section 2.04 Notice to Lenders; Funding of Revolving Loans 14 Section 2.05 Noteless Agreement; Evidence of Indebtedness 15 Section 2.06 Interest Rates 15 Section 2.07 Fees 17 Section 2.08 Adjustments of Commitments 17 Section 2.09 Maturity of Loans; Mandatory Prepayments 19 Section 2.10 Optional Prepayments and Repayments 20 Section 2.11 General Provisions as to Payments 20 Section 2.12 Funding Losses 21 Section 2.13 Computation of Interest and Fees 21 Section 2.14 Basis for Determining Interest Rate Inadequate, Unfair or Unavailable 21 Section 2.15 Illegality 22 Section 2.16 Increased Cost and Reduced Return 22 Section 2.17 Taxes 23 Section 2.18 Base Rate Loans Substituted for Affected Euro-Dollar Loans 26 Section 2.19 Increases in Commitments 26 Section 2.20 Defaulting Lenders 27 ARTICLE I
FIRST AMENDMENT TO THE UNCOMMITTED LINE OF CREDIT LETTER AGREEMENTCredit Letter Agreement • February 24th, 2014 • PPL Electric Utilities Corp • Electric services • New York
This First Amendment to the Uncommitted Line of Credit Letter Agreement (this “Amendment”) is entered into on August 30, 2013, by and between, PPL ENERGY SUPPLY, LLC, a Delaware limited liability company (“Borrower”), and BANCO BILBAO VIZCAYA ARGENTARIA, S.A., acting through its New York Branch (the “Bank”). Capitalized terms not defined herein shall have the meaning assigned in the Agreement (as defined below).
AMENDED AND RESTATED COLLATERAL AGENCY AGREEMENT Dated as of February 12, 2013 among PPL IRONWOOD, LLC, THE BANK OF NEW YORK MELLON, as Trustee, THE BANK OF NEW YORK MELLON, as Collateral Agent, and THE BANK OF NEW YORK MELLON, as Depositary BankCollateral Agency Agreement • February 24th, 2014 • PPL Electric Utilities Corp • Electric services • New York
AMENDED AND RESTATED LETTER OF CREDIT ISSUANCE AND REIMBURSEMENT AGREEMENT between PPL ENERGY SUPPLY, LLC and CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK AGENCY dated as of August 30, 2013And Reimbursement Agreement • February 24th, 2014 • PPL Electric Utilities Corp • Electric services • New York
The Company has requested CIBC to issue one or more standby letters of credit in an Aggregate Stated Amount not to exceed the Maximum Stated Amount, for the account of the Company to support the Company’s obligation to post collateral in support of its energy hedging activities. CIBC may (but shall not be obligated to) issue from time to time letters of credit for such purpose, and the Company and CIBC agree that the issuance of such letters of credit, and the obligations of the Company to CIBC with respect thereto, shall be governed by the terms and conditions of this Agreement.
AMENDMENT TO AMENDED AND RESTATED OPERATING AGREEMENT OF LG&E AND KU ENERGY LLC November 25, 2013Operating Agreement • February 24th, 2014 • PPL Electric Utilities Corp • Electric services
The Board of Directors and sole Member of LG&E and KU Energy LLC approved resolutions dated as of November 25, 2013, to amend Article 8.12 of the Amended and Restated Operating Agreement to be and read in its entirety as set forth above
