FIRST AMENDMENT TO THE UNCOMMITTED LINE OF CREDIT LETTER AGREEMENTUncommitted Line of Credit Letter Agreement • February 24th, 2014 • PPL Electric Utilities Corp • Electric services • New York
This First Amendment to the Uncommitted Line of Credit Letter Agreement (this “Amendment”) is entered into on August 30, 2013, by and between, PPL ENERGY SUPPLY, LLC, a Delaware limited liability company (“Borrower”), and BANCO BILBAO VIZCAYA ARGENTARIA, S.A., acting through its New York Branch (the “Bank”). Capitalized terms not defined herein shall have the meaning assigned in the Agreement (as defined below).
UNCOMMITTED LINE OF CREDIT LETTER AGREEMENT dated as of July 1, 2012Uncommitted Line of Credit Letter Agreement • August 8th, 2012 • LG&E & KU Energy LLC • Electric & other services combined
Definitions: Capitalized terms shall have the meaning specified herein including Exhibit A hereto. Borrower: PPL Energy Supply, LLC, a Delaware limited liability company (the “Borrower”). Bank: Banco Bilbao Vizcaya Argentaria, S.A. (the “Bank”). For purposes of this Agreement, the Bank is acting through its New York branch (the “Branch”). Type and Amount of Facility: Uncommitted revolving letter of credit facility in an aggregate principal amount not to exceed $100,000,000 (the "Facility Amount") at any one time outstanding. Under the line of credit, the Borrower may obtain letters of credit (each a "Letter of Credit"). No Letter of Credit shall be issued if, after giving effect thereto (i) the aggregate unpaid principal amount of all unreimbursed drawings under Letters of Credit plus (ii) the aggregate amount then available for drawing under all Letters of Credit would exceed the Facility Amount. Availability Period: On or prior to the date that is 30 days prior to the Final Maturity
