EXHIBIT 10.26 364-DAY LOAN AGREEMENT DATED AS OF NOVEMBER 29, 2002364-Day Loan Agreement • January 14th, 2003 • Jabil Circuit Inc • Printed circuit boards • Illinois
THIRD AMENDED AND RESTATED 364-DAY LOAN AGREEMENT Dated as of April 4, 2003 among MGM MIRAGE, as Borrower MGM GRAND ATLANTIC CITY, INC. and MGM GRAND DETROIT, LLC as Co-Borrowers The Banks, Syndication Agent, Documentation Agents, Co-Documentation...364-Day Loan Agreement • May 14th, 2003 • MGM Mirage • Services-miscellaneous amusement & recreation • Nevada
provided that, during each Pricing Period which begins immediately following the last day of a Fiscal Quarter upon which (a) the Leverage Ratio exceeds 5.00:1.00, but is less than or equal to 5.25:1.00, the interest rate margins set forth above shall be increased by 10.0 basis points above the interest rate margins otherwise applicable during such Pricing Period, and (b) the Leverage Ratio exceeds 5.25:1.00, the interest rate margins set forth above shall be increased by 25.0 basis points above the interest rate margins otherwise applicable during such Pricing Period (without duplication of the 10 basis point increase described in (a)).
