Coach 2006 Annual Report Download - page 67

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Applicable Pension Legislation. At any time, any pension or retirement benefits legislation (be it national, federal, provincial, territorial or otherwise)
then applicable to the Borrower or any of its Subsidiaries.
Arrangement Fee. See Section 5.1.
Arranger. Banc of America Securities LLC.
Assignment and Acceptance. An assignment and acceptance agreement entered into by a Lender and an assignee (with the consent of any party whose
consent is required by Section 15.1) and accepted by the Administrative Agent, in substantially the form of Exhibit D or any other form approved by the
Administrative Agent.
Auto-Renewal Letter of Credit. See Section 4.1.2.
Balance Sheet Date. June 28, 2006.
Bank of America. Bank of America, N.A., a national banking association, in its individual capacity.
Base Rate. For any day a fluctuating rate per annum equal to the higher of (a) the rate of interest in effect for such day as publicly announced from
time to time by Bank of America as its “prime rate” and (b) the Federal Funds Rate plus one-half of one percent (0.5%). The “prime rate” is a rate set by Bank
of America based upon various factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used as a
reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such rate announced by Bank of
America shall take effect at the opening of business on the day specified in the public announcement of such change.
Base Rate Loans. Revolving Credit Loans bearing interest calculated by reference to the Base Rate.
BBA LIBOR. See definition of “Eurodollar Rate”.
Borrower. As defined in the preamble hereto.
Borrower Materials. See Section 8.3.
Business Day. Any day on which banking institutions in the state of New York or the state where the Administrative Agent’s Office is located, are
open for the transaction of banking business and, in the case of Eurodollar Rate Loans, also a day which is a Eurodollar Business Day.
Capital Expenditures. Amounts paid or Indebtedness incurred by the Borrower or any of its Subsidiaries in connection with (i) additions to property,
plant and equipment and other capital expenditures of the Borrower or any of its Subsidiaries that are (or would be required to be) set forth in a consolidated
statement of cash flows of the Borrower for such period prepared in accordance with GAAP, and (ii) without duplication, obligations with respect to
Capitalized Leases and Synthetic Leases (had the Synthetic Lease been treated for accounting purposes as a Capitalized Lease) incurred by the Borrower or
any of its Subsidiaries during such period.
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