Nautilus 2009 Annual Report Download - page 269
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TABLE OF CONTENTS
-
i
-
Page
RECITALS
1
ARTICLE I
DEFINITIONS
1
Section 1.1
Defined Terms
1
Section 1.2
Accounting Terms
19
Section 1.3
Rules of Construction
19
Section 1.4
Rounding
19
Section 1.5
Times of Day
20
Section 1.6
References to Agreements
20
Section 1.7
Incorporation of Recitals
20
ARTICLE II
CONDITIONS OF LENDING
20
Section 2.1
Conditions Precedent
20
Section 2.2
Conditions to Revolving Loans and Issuance of Letters of Credit
22
ARTICLE III
THE REVOLVING CREDIT FACILITY
23
Section 3.1
The Revolving Credit Facility Commitment
23
Section 3.2
The Note
23
Section 3.3
The Letter of Credit Subfacility
23
Section 3.4
Letter of Credit Fees
24
Section 3.5
Reimbursement Obligation of Borrower
24
Section 3.6
Cash Collateral for Letters of Credit and Credit Exposure Reserve
24
Section 3.7
Permitted Use of Funds
25
Section 3.8
Limitation on Amount Outstanding
25
Section 3.9
The Revolving Credit Facility Commitment Fee
25
Section 3.10
Available Interest Rates on the Revolving Credit Facility
26
Section 3.11
Revolving Loan Interest Payments
26
Section 3.12
The Unused Commitment Fee
26
Section 3.13
Revolving Nature of the Revolving Credit Facility
26
Section 3.14
Maturity Date of the Revolving Credit Facility
26
Section 3.15
No Borrowing During Pendency of an Event of Default
26
ARTICLE IV
TERMS RELATING GENERALLY TO PAYMENTS AND INTEREST RATES
27