U.S.$65,000,000 CREDIT AGREEMENT DATED AS OF FEBRUARY 23, 2005 AMONG THE BOYDS COLLECTION, LTD., as Borrower, THE LENDERS LISTED HEREIN, as Lenders, BANK OF AMERICA, N.A., as L/C Issuer AND BANK OF AMERICA, N.A., as Administrative Agent. BANC OF...Credit Agreement • February 25th, 2005 • Boyds Collection LTD • Wholesale-miscellaneous nondurable goods • New York
This CREDIT AGREEMENT (as amended, restated, supplemented and otherwise modified from time to time, this “Agreement”) is dated as of February 23, 2005, and is entered into by and among THE BOYDS COLLECTION, LTD., a Maryland corporation (“Borrower”), THE FINANCIAL INSTITUTIONS LISTED ON THE SIGNATURE PAGES HEREOF AS LENDERS (each individually referred to herein as a “Lender” and collectively as “Lenders”), and BANK OF AMERICA, N.A. (“Bank of America”), as the initial L/C Issuer (as defined below) and as administrative agent for Lenders and L/C Issuer (together with its successors and permitted assigns in such capacity, “Administrative Agent”). This Agreement has been acknowledged and agreed to by FLEET NATIONAL BANK, in its capacity as the L/C Issuer with respect to the Existing Letters of Credit (defined below) and the parties hereto agree that Fleet National Bank shall benefit from the provisions hereof as the L/C Issuer with respect to the Existing Letters of Credit.
