AMENDED AND RESTATED CREDIT AGREEMENT Dated as of December 17, 2010 among COLE OPERATING PARTNERSHIP II, LP, as the Borrower, BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, JP MORGAN CHASE BANK, N.A., as Syndication...Credit Agreement • March 31st, 2011 • Cole Credit Property Trust II Inc • Operators of nonresidential buildings • New York
Initially, the Applicable Rate shall be determined based upon the Leverage Ratio specified in the certificate delivered pursuant to Section 4.01(a)(viii). Any increase or decrease in the Applicable Rate resulting from a change in the Leverage Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 6.02(a); provided, however, that if a Compliance Certificate is not delivered when due in accordance with such Section, then Pricing Level V shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered (until such time as such delinquent Compliance Certificate is delivered).
