Honeywell 2003 Annual Report Download - page 203

upon the occurrence of any contingency), (b) the interest in the capital or
profits of such limited liability company, partnership or joint venture or
(c) the beneficial interest in such trust or estate is at the time directly
or indirectly owned or controlled by such Person, by such Person and one or
more of its other Subsidiaries or by one or more of such Person's other
Subsidiaries.
"Telerate Page" means, as applicable, page 3740 or 3750 (or any
successor pages, respectively) of Moneyline Telerate Service.
"Termination Date" means the earlier of (a) November 26, 2008 and (b)
the date of termination in whole of the Commitments pursuant to Section
2.06(a) or Section 6.01 or, if all Lenders elect to terminate their
Commitments as provided therein, Section 2.06(d).
"Threatened" means, with respect to any action, suit, investigation,
litigation or proceeding, a written communication to the Company or a
Designated Subsidiary, as the case may be, expressing an intention to
immediately bring such action, suit, investigation, litigation or
proceeding.
"Unissued Letter of Credit Commitment" means, with respect to any
Issuing Bank, the obligation of such Issuing Bank to issue Letters of
Credit to any Borrower in an amount (converting all non-Dollar amounts into
the then Dollar Equivalent thereof) equal to the excess of (a) the amount
of its Letter of Credit Commitment over (b) the aggregate Available Amount
of all Letters of Credit issued by such Issuing Bank.
"Unused Commitment" means, with respect to each Lender at any time,
(a) the amount of such Lender's Revolving Credit Commitment at such time
minus (b) the sum of (i) the aggregate principal amount of all Revolving
Credit Advances (based in respect of any Advances denominated in a Major
Currency on the Equivalent in Dollars at such time) made by such Lender (in
its capacity as a Lender) and outstanding at such time, plus (ii) such
Lender's Ratable Share of (A) the aggregate principal amount of the
Competitive Bid Advances (based in respect of any Advances denominated in a
Foreign Currency on the Equivalent in Dollars at such time) and (B) the
aggregate Available Amount of all the Letters of Credit outstanding at such
time (based in respect of any Letters of Credit denominated in a Major
Currency on the Equivalent in Dollars at such time).
"Voting Stock" means capital stock issued by a corporation, or
equivalent interests in any other Person, the holders of which are
ordinarily, in the absence of contingencies, entitled to vote for the
election of directors (or persons performing similar functions) of such
Person, even if the right so to vote has been suspended by the happening of
such a contingency.
"Withdrawal Liability" has the meaning specified in Part I of Subtitle
E of Title IV of ERISA.
SECTION 1.02. Computation of Time Periods. In this Agreement in the
computation of periods of time from a
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