FairPoint Communications 2003 Annual Report Download - page 76

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as same may be terminated pursuant to Sections 2.02, 2.03 and/or 8 or (y) adjusted from time to time as a result of assignments to or
from such Lender pursuant to Sections 1.13 and/or 11.04(b).
6
"Incremental A Term Commitment Agreement" shall mean an Incremental A Term Commitment Agreement substantially in
the form of Exhibit L (appropriately completed).
"Incremental A Term Facility" shall mean the Facility evidenced by the Total Incremental A Term Commitment.
"Incremental A Term Lender" shall have the meaning provided in Section 1.15(b).
"Incremental A Term Loan" shall have the meaning provided in Section 1.01(e).
"Incremental Commitment" shall mean any Incremental A Term Commitment and/or any Incremental Revolving
Commitment, as the context may require.
"Incremental Commitment Agreement" shall mean any Incremental A Term Commitment Agreement and/or any Incremental
Revolving Commitment Agreement, as the context may require.
"Incremental Commitment Date" shall mean any Incremental A Term Borrowing Date or any Incremental Revolving
Commitment Date, as the context may require.
"Incremental Commitment Requirements" shall mean, with respect to any request for an Incremental Commitment made
pursuant to Section 1.14 or Section 1.15 or any provision of an Incremental Commitment on a given Incremental Commitment Date,
the satisfaction of each of the following conditions: no Default or Event of Default then exists or would result from the incurrence of
Loans pursuant to an Incremental Commitment (for purposes of such determination, assuming the relevant Loans in an aggregate
principal amount equal to the full amount of Incremental Commitments then requested or provided had been incurred, and the
proposed Permitted Acquisition (if any) to be financed with the proceeds of such Loans had been consummated, on such date of
request or Incremental Commitment Date, as the case may be).
"Incremental Lender" shall mean any Incremental A Term Lender and/or any Incremental RF Lender, as the context may
require.
"Initial A Term Commitment" shall mean, with respect to each Lender, the amount set forth opposite such Lender's name on
Annex I hereto directly below the column entitled "Initial A Term Commitment", as the same may be (x) reduced or terminated
pursuant to Sections 2.02, 2.03 and/or 8 or (y) adjusted from time to time as a result of assignments to or from such Lender pursuant
to Sections 1.13 and/or 11.04(b).
"Initial A Term Facility" shall mean the Facility evidenced by the Total Initial A Term Commitment.
"Initial A Term Loan" shall have the meaning provided in Section 1.01(a).
"Lender" shall mean each financial institution listed on Annex I, as well as any Person that becomes a "Lender" hereunder
pursuant to Section 1.01(e), 1.13, 1.14, 11.04(b) or 11.17.
"Total Commitment" shall mean the sum of the Total Initial A Term Commitment, the Total Incremental A Term Commitment
and the Total Revolving Commitment.
"Total Incremental A Term Commitment" shall mean the sum of the Incremental A Term Commitments of each of the Lenders.
"Total Initial A Term Commitment" shall mean the sum of the Initial A Term Commitments of each of the Lenders.
21. Section 11.10 of the Credit Agreement is hereby amended by deleting the text "A Term Loan Commitment" appearing in said
Section and inserting the text "Initial A Term Commitment" in lieu thereof.
7
22. Section 11.12 of the Credit Agreement is hereby amended by deleting clause (b) of said Section in its entirety and inserting the
following new clause (b) in lieu thereof:
"(b) Notwithstanding anything to the contrary contained in clause (a) above of this Section 11.12, the Borrower, the Administrative
Agent and each Incremental Lender may, in accordance with the provisions of Sections 1.14 and 1.15, enter into an Incremental
Commitment Agreement, provided that after the execution and delivery by the Borrower, the Administrative Agent and each such
Incremental Lender of such Incremental Commitment Agreement, such Incremental Commitment Agreement may thereafter only be
modified in accordance with the requirements of clause (a) above of this Section 11.12.".