U.S. $150,000,000 CREDIT AGREEMENT Dated as of June 26, 2007 Among OLIN CORPORATION as Borrower and THE BANKS NAMED HEREIN as Banks and CITIBANK, N.A. as Administrative Agent and BANK OF AMERICA, N.A. as Syndication Agent and WACHOVIA BANK, NATIONAL...Credit Agreement • June 29th, 2007 • Olin Corp • Rolling drawing & extruding of nonferrous metals • New York
Provided, that the Applicable Margin for Eurodollar Rate Advances at each Performance Level shall be increased by 0.125 % if any Advances are outstanding after (a) the Borrower has consummated a receivables securitization program or (b) the commitments under the Existing Credit Agreement have been increased to an aggregate of $160,000,000 or more.
