TERM LOAN AGREEMENT among PNM RESOURCES, INC., as the Borrower, THE LENDERS IDENTIFIED HEREIN, AND LEHMAN COMMERCIAL PAPER INC., as Administrative Agent DATED AS OF APRIL 18, 2006 LEHMAN BROTHERS INC., as Sole Lead Arranger and Sole Book ManagerTerm Loan Agreement • August 9th, 2006 • PNM Resources Inc • Electric services • New York
THIS TERM LOAN AGREEMENT (this “Credit Agreement”) is entered into as of April 18, 2006 among PNM RESOURCES, INC., a New Mexico corporation (the “Borrower”), the Lenders party hereto, LEHMAN COMMERCIAL PAPER INC., as administrative agent (in such capacity, the “Administrative Agent”), and LEHMAN BROTHERS INC., as sole lead arranger and sole book-manager (in such capacity, the “Arranger”).
