McKesson 2005 Annual Report Download - page 296

“Related Security” means, with respect to any Receivable:
(i) all of Seller’s interest in the inventory and goods (including returned or repossessed inventory or goods), if any, the sale of which
by Originator gave rise to such Receivable, and all insurance contracts with respect thereto,
(ii) all other security interests or liens and property subject thereto from time to time, if any, purporting to secure payment of such
Receivable, whether pursuant to the Contract related to such Receivable or otherwise, together with all financing statements and security
agreements describing any collateral securing such Receivable,
(iii) all guaranties, insurance and other agreements or arrangements of whatever character from time to time supporting or securing
payment of such Receivable whether pursuant to the Contract related to such Receivable or otherwise,
(iv) all service contracts and other contracts and agreements associated with such Receivable,
(v) all Records related to such Receivable,
(vi) all of Seller’s right, title and interest in, to and under the Receivables Sale Agreements in respect of such Receivable, and
(vii) all proceeds of any of the foregoing.
“Required Capital Amount” means, as of any date of determination, an amount equal to the Net Receivables Balance multiplied by
3%.
“Required Committed Purchasers” means, at any time, Committed Purchasers with Commitments in excess of 66-2/3% of the
Purchase Limit.
“Required Notice Period” means the number of days required notice set forth below applicable to the Aggregate Reduction indicated
below:
provided, that the Required Notice Period shall be one Business Day if the Seller is curing a default of the type described in Section 8.1(e) or a
breach of the negative covenant set forth in Section 7.2(e).
“Revolving Credit Agreement” means that certain Credit Agreement, dated as of September 30, 2002 among McKesson, Bank of
America, N.A., as administrative agent, JPMorgan Chase Bank, as syndication agent, Wachovia, as documentation agent, Bank One, as
documentation agent, the other “Lenders” party thereto and Banc of America Securities LLC, as
I-21
Aggregate Reduction Required Notice Period
<$100,000,000 two Business Days
$100,000,000 to $250,000,000 five Business Days
>$250,000,000 ten Business Days