AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT dated as of May 30, 2023 between ENSTAR GROUP LIMITED, as Parent ENSTAR GROUP LIMITED KENMARE HOLDINGS LTD. ENSTAR (US ASIA-PAC) HOLDINGS LIMITED ENSTAR HOLDINGS (US) LLC and CAVELLO BAY REINSURANCE...Revolving Credit Agreement • June 1st, 2023 • Enstar Group LTD • Fire, marine & casualty insurance • New York
Page ARTICLE I DEFINITIONS SECTION 1.01 Defined Terms 1 SECTION 1.02 Terms Generally 32 SECTION 1.03 Accounting Terms; Changes in GAAP 33 SECTION 1.04 Rates 33 SECTION 1.05 Exchange Rates; Currency Equivalents 33 SECTION 1.06 Change of Currency 33 SECTION 1.07 Letter of Credit Amounts 34 SECTION 1.08 Divisions 34 ARTICLE II COMMITMENTS AND CREDIT EXTENSIONS SECTION 2.01 Commitments 34 SECTION 2.02 Loans and Borrowings 35 SECTION 2.03 Borrowing Requests 35 SECTION 2.04 Swingline Loans 36 SECTION 2.05 Reserved 37 SECTION 2.06 Funding of Borrowings 37 SECTION 2.07 Interest Elections 37 SECTION 2.08 Prepayments 38 SECTION 2.09 Termination or Reduction of Commitments 39 SECTION 2.10 Repayment of Loans 39 SECTION 2.11 Interest 40 SECTION 2.12 Fees 40 SECTION 2.13 Evidence of Debt 41 SECTION 2.14 Payments Generally; Several Obligations of Lenders 41 SECTION 2.15 Sharing of Payments 42 SECTION 2.16 Compensation for Losses 43 SECTION 2.17 Increased Costs 43 SECTION 2.18 Taxes 44 SECTION 2.19
