Coach 2011 Annual Report Download - page 84
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Table Of Contents
Page
ARTICLE I Definitions 1
SECTION 1.01. DEFINED TERMS 1
SECTION 1.02. CLASSIFICATION OF LOANS AND BORROWINGS 23
SECTION 1.03. TERMS GENERALLY 23
SECTION 1.04. ACCOUNTING TERMS; GAAP; EXCHANGE RATES 23
ARTICLE II The Credits 24
SECTION 2.01. COMMITMENTS 24
SECTION 2.02. LOANS AND BORROWINGS 24
SECTION 2.03. REQUESTS FOR REVOLVING BORROWINGS 25
SECTION 2.04. DETERMINATION OF DOLLAR AMOUNTS 26
SECTION 2.05. SWINGLINE LOANS 26
SECTION 2.06. LETTERS OF CREDIT 27
SECTION 2.07. FUNDING OF BORROWINGS 32
SECTION 2.08. INTEREST ELECTIONS 32
SECTION 2.09. TERMINATION AND REDUCTION OF COMMITMENTS 34
SECTION 2.10. REPAYMENT OF LOANS; EVIDENCE OF DEBT 34
SECTION 2.11. PREPAYMENT OF LOANS 35
SECTION 2.12. FEES 36
SECTION 2.13. INTEREST 37
SECTION 2.14. ALTERNATE RATE OF INTEREST 37
SECTION 2.15. INCREASED COSTS 38
SECTION 2.16. BREAK FUNDING PAYMENTS 39
SECTION 2.17. TAXES 40
SECTION 2.18. PAYMENTS GENERALLY; PRO RATA TREATMENT; SHARING OF SET-OFFS 43
SECTION 2.19. MITIGATION OBLIGATIONS; REPLACEMENT OF LENDERS 45
SECTION 2.20. EXPANSION OPTION 46
SECTION 2.21. [INTENTIONALLY OMITTED] 47
SECTION 2.22. JUDGMENT CURRENCY 47
SECTION 2.23. DESIGNATION OF FOREIGN SUBSIDIARY BORROWERS 47
SECTION 2.24. DEFAULTING LENDERS 48
SECTION 2.25. EXTENSION OF MATURITY DATE 49
ARTICLE III Representations and Warranties 51
SECTION 3.01. ORGANIZATION; POWERS; SUBSIDIARIES 51
SECTION 3.02. AUTHORIZATION; ENFORCEABILITY 51
SECTION 3.03. GOVERNMENTAL APPROVALS; NO CONFLICTS 51
SECTION 3.04. FINANCIAL CONDITION; NO MATERIAL ADVERSE CHANGE 52
SECTION 3.05. PROPERTIES 52
SECTION 3.06. LITIGATION 52
SECTION 3.07. INVESTMENT COMPANY STATUS 52
SECTION 3.08. TAXES 52
SECTION 3.09. ERISA 52
SECTION 3.10. DISCLOSURE 53
SECTION 3.11. FEDERAL RESERVE REGULATIONS 53
SECTION 3.12. NO DEFAULT 53