AMENDED AND RESTATED CREDIT AGREEMENT made as of August 9, 2021 among PRETIUM RESOURCES INC. as Borrower and THE LENDERS FROM TIME TO TIME PARTIES HERETO as Lenders and THE BANK OF NOVA SCOTIA as Administrative Agent and THE BANK OF NOVA SCOTIA, ING...Credit Agreement • September 14th, 2021 • Pretium Resources Inc. • Metal mining • British Columbia
As of the Closing Date, the initial Applicable Margin shall be based upon the Net Leverage Ratio (Applicable Margin) calculated on a pro forma basis as set out in the Compliance Certificate of the Borrower delivered to the Administrative Agent pursuant to Section 4.1(10). Thereafter, the Applicable Margin shall change (to the extent necessary, if any) on each date on which the financial statements and Compliance Certificate of the Borrower are delivered to the Administrative Agent pursuant to Section 5.1(1) to reflect any change in the Net Leverage Ratio (Applicable Margin) effective as of the date of such financial statements, based upon the financial statements for the immediately preceding Rolling Period, or if such day is not a Business Day, then the first Business Day thereafter; provided that, with respect to any Bankers’ Acceptance outstanding on the effective date of any such change in Applicable Margin, any change in the Applicable Margin with respect thereto shall become appl
