Honeywell 2005 Annual Report Download - page 175

Insurance Corporation (or any successor) for insuring US Dollar deposits of Citibank, N.A. in the United States; and
(c) 1/2 of one percent per annum above the Federal Funds Rate.
"Base Rate Advance" means an Advance denominated in US Dollars that bears interest as provided in Section 2.07(a)(i).
"Borrowers" has the meaning specified in the recital or parties to this Agreement.
"Borrowing" means a borrowing consisting of simultaneous Advances of the same Type made by each of the Lenders pursuant to Section 2.01.
"Borrowing Minimum" means, in respect of Advances denominated in US Dollars, US$10,000,000 and, in respect of Advances denominated in
Canadian Dollars, CN$10,000,000.
"Borrowing Multiple" means, in respect of Advances denominated in US Dollars, US$1,000,000 and, in respect of Advances denominated in
Canadian Dollars, CN$1,000,000.
"Business Day" means a day of the year on which banks are not required or authorized by law to close in Toronto, Ontario, Canada and
New York City and, if the applicable Business Day relates to any Eurodollar Rate Advances, on which dealings are carried on in the London interbank
market.
"Canadian Dollars" and the "CN$" sign each means the lawful currency of Canada.
"Canadian Interbank Rate" means the interest rate, expressed as a percentage per annum, which is customarily used by the Agent when
calculating interest due by it or owing to it from or in connection with correction of errors between it and other Canadian chartered banks.
"Canadian Reference Lenders" means Citibank and Royal Bank of Canada; provided that, if any of the foregoing shall cease to be a Lender, the
term "Canadian Reference Lenders" shall no longer include such Lender and shall thereafter include such Lender as the Agent shall designate as a
replacement Canadian Reference Lender, which designation shall be made with the consent of such replacement Canadian Reference Lender and the
Company, which consent shall not be unreasonably withheld or delayed and provided, further, that if any Lenders are banks set forth in Schedule I of
the Bank Act (Canada), at least one of the Canadian Reference Lenders will be such a Schedule I bank.
"Cash Collateral Account" means an interest bearing cash collateral account to be established and maintained by the Agent, over which the
Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.
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