FairPoint Communications 2002 Annual Report Download - page 289

"SUBSIDIARY GUARANTORS" shall mean each Subsidiary party to the
Subsidiary Guaranty.
"SUBSIDIARY GUARANTY" shall have the meaning provided in Section
4.01(h).
"SYNDICATION AGENT" shall have the meaning provided in the first
paragraph of this Agreement.
"TACONIC" shall mean Taconic Telephone Corp., a New York corporation.
"TAXES" shall have the meaning provided in Section 3.04(a).
"TELCO" shall mean any Subsidiary that is an operating company (except
to the extent same is a Non-Core Asset).
"TERM LOANS" shall mean, collectively, the A Term Loans and the C Term
Loans.
"TEST PERIOD" shall mean each period of four consecutive fiscal
quarters then last ended, in each case taken as one accounting period.
"THL" shall mean THL Equity Advisors IV, LLC.
"THL AFFILIATE" shall mean THL, each investment fund controlled by THL
and certain parties that are related to THL that are investing in the Borrower
as part of the Financing.
"TOTAL A TERM COMMITMENT" shall mean the sum of the A Term Commitments
of each o f the Lenders.
"TOTAL COMMITMENT" shall mean the sum of the Total A Term Commitment
and the Total Revolving Commitment.
"TOTAL REVOLVING COMMITMENT" shall mean the sum of the Revolving
Comniitments of each of the Lenders.
"TRANSACTION" shall mean (i) the Refinancing, (ii) the amendment and
restatement of the Original Credit Agreement in the form of this Agreement as
provided herein, (iii) the incurrence and/or continuation of all Loans hereunder
on the Restatement Effective Date and (iv) the payment of fees and expenses in
connection with the foregoing.
"TYPE" shall mean any type of Loan determined with respect to the
interest option applicable thereto i.e., a Base Rate Loan or Eurodollar Loan.
"UCC" shall mean the Uniform Commercial Code as in effect from time to
time in New York.
"UI" shall mean Utilities, Inc., a Maine corporation.
"UNFUNDED CURRENT LIABILITY" of any Plan shall mean the amount, if
any, by which the actuarial present value of the accumulated plan benefits under
the Plan as of the close of its most recent plan year, determined in accordance
with actuarial assumptions at such time consistent with Statement of Financial
Accounting Standards No. 87, exceeds the market value of the assets allocable
thereto.
"UNPAID DRAWING" shall have the meaning provided in Section 1A.04.
"U.S." shall mean the United States of America.
"WACHOVIA" shall mean Wachovia Bank, N.A. and any successor thereto by
merger, consolidation or otherwise.