FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • June 14th, 2006 • Longview Fibre Co • Paperboard containers & boxes • New York
Any increase or decrease in the Applicable Rate resulting from a change in the Funded Indebtedness to Capitalization Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 6.02(b); 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 Compliance Certificate is actually delivered. Notwithstanding the foregoing, with respect to each of the foregoing fees and interest rates the Applicable Rate in effect from the First Amendment Effective Date through the first Business Day after the date on which the Borrowers deliver the required financial statements and Compliance Certificate for the fiscal quarter ending September 30, 2006 shall be no lower than the Applicable Rate determined based
