CREDIT AGREEMENT dated as of May 10, 2011 among DEVRY INC. and CERTAIN SUBSIDIARIES OF DEVRY INC. IDENTIFIED HEREIN as the Borrowers, BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, The Other Lenders Party Hereto...Credit Agreement • May 12th, 2011 • Devry Inc • Services-educational services • New York
This CREDIT AGREEMENT (this "Agreement") is entered into as of May 10, 2011, among DeVry Inc., a Delaware corporation ("DeVry"), certain Subsidiaries of DeVry party hereto pursuant to Section 2.17 (each a "Designated Borrower" and together with DeVry, each a "Borrower" and collectively the "Borrowers"), each lender from time to time party hereto (collectively, the "Lenders" and individually, a "Lender"), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.
Dated as of May [10], 2011 Re: Credit Agreement dated May [10], 2011, as amended, among DeVry Inc., the Designated Borrowers party thereto, Bank of America, N.A. as Administrative Agent, Swing Line Lender and L/C Issuer, and the other Lenders party...u.s. Subsidiary Guaranty • May 12th, 2011 • Devry Inc • Services-educational services • New York
This U.S. Subsidiary Guaranty dated as of May [10], 2011 (as amended, restated, supplemented, extended or otherwise modified from time to time, this “Guaranty”) is entered into on a joint and several basis by each of the undersigned (which parties are hereinafter referred to individually as a “Guarantor” and collectively as the “Guarantors”).
PLEDGE AGREEMENT Dated as of May 10, 2011 By and Among DEVRY INC. AND GLOBAL EDUCATION INTERNATIONAL, INC. AND CERTAIN OF THEIR SUBSIDIARIES as the Grantors And BANK OF AMERICA, N.A., as Administrative AgentPledge Agreement • May 12th, 2011 • Devry Inc • Services-educational services • New York
THIS PLEDGE AGREEMENT (as the same may be amended or modified from time to time, this “Agreement”) is dated as of May 10, 2011, by and among DeVry Inc., a Delaware corporation (“DeVry”), the Designated Borrowers party hereto or who may become a party hereto (together with DeVry, the “Obligors”) by executing and delivering a Pledge Agreement Joinder (a “Joinder”) as hereinafter defined, certain subsidiaries of the Obligors party hereto or who may become a party hereto by executing and delivering a Joinder (such subsidiaries, the Obligors and any other Person which grants any Collateral to the Administrative Agent hereunder or any other security document securing the Secured Obligations, are collectively referred to as the “Grantors”), and Bank of America, N.A., in its capacity as Administrative Agent hereunder.
FORM OF REVOLVING LOAN NOTICECredit Agreement • May 12th, 2011 • Devry Inc • Services-educational services • New York
FOR VALUE RECEIVED, the undersigned (the “Designated Borrower”), hereby promises to pay to _____________________ or registered assigns (the “Lender”), in accordance with the provisions of the Credit Agreement (as hereinafter defined), the principal amount of each Loan from time to time made by the Lender to the Borrower under that certain Credit Agreement dated as of May 10, 2011 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined), among DeVry Inc., a Delaware corporation (“DeVry”), the Designated Borrowers from time to time party thereto (and together with DeVry, the “Borrowers”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.
OFFSHORE SUBSIDIARY GUARANTY OFFSHORE SUBSIDIARIES OF GLOBAL EDUCATION INTERNATIONAL, INC. Dated as of May 10, 2011 Re: Credit Agreement dated May 10, 2011, as amended, among DeVry Inc., the Designated Borrowers party thereto, Bank of America, N.A. as...Guaranty Agreement • May 12th, 2011 • Devry Inc • Services-educational services • New York
