FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • October 2nd, 2019 • Rayonier Advanced Materials Inc. • Plastic material, synth resin/rubber, cellulos (no glass) • New York
For the avoidance of doubt, (a) Swing Line Loans shall bear interest as Base Rate Loans, and (b) changes in the Applicable Margin resulting from a change in the Total Net Leverage Ratio, as calculated in a Compliance Certificate delivered pursuant to Section 6.04(cd), for any calendarfiscal quarter shall become effective as to all applicable Loans and Letter of Credit Fees on the first day of the next calendarfiscal quarter following delivery of such Compliance Certificate; provided, however, that if a Compliance Certificate is not delivered when due in accordance with such Section 6.04(cd), then Pricing Level I (as set forth in the applicable table above) shall apply from the first day of the next calendarfiscal quarter following the date on which such Compliance Certificate was due through the date on which such Compliance Certificate is delivered, after which the pricing level corresponding to the Total Net Leverage Ratio set forth in such Compliance Certificate shall apply; provide
