and
CERTAIN SUBSIDIARIES
as Borrowers,
as Administrative Agent, Swing Line Lender
and
L/C Issuer,
and
BANK OF CHINA, LOS ANGELES BRANCH,
as Co-Syndication Agents,
and
U.S. BANK, NATIONAL ASSOCIATION,
as Co-Documentation Agents
as
Sole Lead Arranger and Sole Book Manager
Section | Page | |||||||
ARTICLE I. | ||||||||
DEFINITIONS AND ACCOUNTING TERMS | ||||||||
1.01 | Defined Terms | 1 | ||||||
1.02 | Other Interpretive Provisions | 21 | ||||||
1.03 | Accounting Terms | 22 | ||||||
1.04 | Rounding | 23 | ||||||
1.05 | Times of Day | 23 | ||||||
1.06 | Letter of Credit Amounts | 23 | ||||||
ARTICLE II. | ||||||||
THE COMMITMENTS AND CREDIT EXTENSIONS | ||||||||
2.01 | Revolving Loans | 23 | ||||||
2.02 | Borrowings, Conversions and Continuations of Revolving Loans | 23 | ||||||
2.03 | Letters of Credit | 25 | ||||||
2.04 | Swing Line Loans | 33 | ||||||
2.05 | Prepayments | 36 | ||||||
2.06 | Termination or Reduction of Commitments | 37 | ||||||
2.07 | Repayment of Loans | 37 | ||||||
2.08 | Interest | 37 | ||||||
2.09 | Fees | 38 | ||||||
2.10 | Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate | 39 | ||||||
2.11 | Evidence of Debt | 39 | ||||||
2.12 | Payments Generally; Administrative Agent’s Clawback | 40 | ||||||
2.13 | Sharing of Payments by Lenders | 42 | ||||||
2.14 | Designated Borrowers | 42 | ||||||
2.15 | Cash Collateral and Other Credit Support | 43 | ||||||
2.16 | Defaulting Lenders | 45 | ||||||
ARTICLE III. | ||||||||
TAXES, YIELD PROTECTION AND ILLEGALITY | ||||||||
3.01 | Taxes | 46 | ||||||
3.02 | Illegality | 50 |
i
Section | Page | |||||||
3.03 | Inability to Determine Rates | 51 | ||||||
3.04 | Increased Costs; Reserves on Eurodollar Rate Loans | 51 | ||||||
3.05 | Compensation for Losses | 53 | ||||||
3.06 | Mitigation Obligations; Replacement of Lenders | 53 | ||||||
3.07 | Survival | 54 | ||||||
ARTICLE IV. | ||||||||
CONDITIONS PRECEDENT TO CREDIT EXTENSIONS | ||||||||
4.01 | Conditions of Initial Credit Extension | 54 | ||||||
4.02 | Conditions to all Credit Extensions | 55 | ||||||
ARTICLE V. | ||||||||
REPRESENTATIONS AND WARRANTIES | ||||||||
5.01 | Existence, Qualification and Power | 56 | ||||||
5.02 | Authorization; No Contravention | 56 | ||||||
5.03 | Governmental Authorization; Other Consents | 57 | ||||||
5.04 | Binding Effect | 57 | ||||||
5.05 | Financial Statements; No Material Adverse Effect | 57 | ||||||
5.06 | Litigation | 58 | ||||||
5.07 | No Default | 58 | ||||||
5.08 | Ownership of Property; Liens | 58 | ||||||
5.09 | Environmental Compliance | 58 | ||||||
5.10 | Insurance | 58 | ||||||
5.11 | Taxes | 58 | ||||||
5.12 | ERISA Compliance | 59 | ||||||
5.13 | Subsidiaries; Equity Interests | 59 | ||||||
5.14 | Margin Regulations; Investment Company Act | 59 | ||||||
5.15 | Disclosure | 60 | ||||||
5.16 | Compliance with Laws | 60 | ||||||
5.17 | Intellectual Property; Licenses, Etc | 60 | ||||||
ARTICLE VI. | ||||||||
AFFIRMATIVE COVENANTS | ||||||||
6.01 | Financial Statements | 61 | ||||||
6.02 | Certificates; Other Information | 62 | ||||||
6.03 | Notices | 64 |
ii
Section | Page | |||||||
6.04 | Payment of Obligations | 64 | ||||||
6.05 | Preservation of Existence, Etc | 65 | ||||||
6.06 | Maintenance of Properties | 65 | ||||||
6.07 | Maintenance of Insurance | 65 | ||||||
6.08 | Compliance with Laws | 65 | ||||||
6.09 | Books and Records | 65 | ||||||
6.10 | Inspection Rights | 65 | ||||||
6.11 | Use of Proceeds | 66 | ||||||
6.12 | Material Licenses, Permits and Franchises | 66 | ||||||
ARTICLE VII. | ||||||||
NEGATIVE COVENANTS | ||||||||
7.01 | Liens | 66 | ||||||
7.02 | Investments | 69 | ||||||
7.03 | Indebtedness | 70 | ||||||
7.04 | Fundamental Changes | 72 | ||||||
7.05 | Dispositions | 72 | ||||||
7.06 | Restricted Payments | 73 | ||||||
7.07 | Change in Business | 74 | ||||||
7.08 | Transactions with Affiliates | 74 | ||||||
7.09 | Burdensome Agreements | 74 | ||||||
7.10 | Financial Covenants | 75 | ||||||
ARTICLE VIII. | ||||||||
EVENTS OF DEFAULT AND REMEDIES | ||||||||
8.01 | Events of Default | 75 | ||||||
8.02 | Remedies Upon Event of Default | 77 | ||||||
8.03 | Application of Funds | 77 | ||||||
ARTICLE IX. | ||||||||
ADMINISTRATIVE AGENT | ||||||||
9.01 | Appointment and Authority | 79 | ||||||
9.02 | Rights as a Lender | 79 | ||||||
9.03 | Exculpatory Provisions | 79 | ||||||
9.04 | Reliance by Administrative Agent | 80 | ||||||
9.05 | Delegation of Duties | 80 |
iii
Section | Page | |||||||
9.06 | Resignation of Administrative Agent | 80 | ||||||
9.07 | Non-Reliance on Administrative Agent and Other Lenders | 82 | ||||||
9.08 | No Other Duties, Etc | 82 | ||||||
9.09 | Administrative Agent May File Proofs of Claim | 82 | ||||||
9.10 | Guaranteed Cash Management Agreements and Guaranteed Hedge Agreements | 83 | ||||||
ARTICLE X. | ||||||||
MISCELLANEOUS | ||||||||
10.01 | Amendments, Etc | 83 | ||||||
10.02 | Notices; Effectiveness; Electronic Communication | 84 | ||||||
10.03 | No Waiver; Cumulative Remedies; Enforcement | 86 | ||||||
10.04 | Expenses; Indemnity; Damage Waiver | 87 | ||||||
10.05 | Payments Set Aside | 89 | ||||||
10.06 | Successors and Assigns | 89 | ||||||
10.07 | Treatment of Certain Information; Confidentiality | 94 | ||||||
10.08 | Right of Setoff | 94 | ||||||
10.09 | Interest Rate Limitation | 95 | ||||||
10.10 | Counterparts; Integration; Effectiveness | 95 | ||||||
10.11 | Survival of Representations and Warranties | 96 | ||||||
10.12 | Severability | 96 | ||||||
10.13 | Replacement of Lenders | 96 | ||||||
10.14 | Governing Law; Jurisdiction; Etc | 97 | ||||||
10.15 | Waiver of Jury Trial | 98 | ||||||
10.16 | No Advisory or Fiduciary Responsibility | 98 | ||||||
10.17 | Electronic Execution of Assignments and Certain Other Documents | 99 | ||||||
10.18 | USA PATRIOT Act Notice | 99 | ||||||
SIGNATURES | S-1 |
iv
2.01 | Commitments and Applicable Percentages | |
5.13 | Subsidiaries; Other Equity Investments; Borrowers | |
7.01 | Existing Liens | |
7.02 | Existing Investments | |
7.03 | Existing Indebtedness | |
7.05 | Permitted Dispositions for Remediation Plans | |
7.09 | Existing Burdensome Agreements | |
10.02 | Administrative Agent’s Office; Certain Addresses for Notices |
Form of | ||
A | Revolving Loan Notice | |
B | Swing Line Loan Notice | |
C | Note | |
D | Compliance Certificate | |
E-1 | Assignment and Assumption | |
E-2 | Administrative Questionnaire | |
F | Guaranty | |
G | Designated Borrower Request and Assumption Agreement | |
H | Designated Borrower Notice | |
I | Opinion of Gibson, Dunn & Crutcher, LLP |
v
DEFINITIONS AND ACCOUNTING TERMS
1
Applicable Rate | ||||||||||||||||
Total | Eurodollar Rate Loans | |||||||||||||||
Capitalization | and | Base Rate | ||||||||||||||
Pricing Level | Ratio | Letter of Credit Fees | Loans | Commitment Fee | ||||||||||||
1 | ≤ 40 | % | 1.50 | % | 0.50 | % | 0.250 | % | ||||||||
2 | > 40% but ≤ 50% | 1.75 | % | 0.75 | % | 0.250 | % | |||||||||
3 | > 50% but ≤ 60% | 2.00 | % | 1.00 | % | 0.300 | % | |||||||||
4 | > 60 | % | 2.25 | % | 1.25 | % | 0.350 | % |
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
THE COMMITMENTS AND CREDIT EXTENSIONS
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
TAXES, YIELD PROTECTION AND ILLEGALITY
46
47
48
49
50
51
52
53
CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
54
55
REPRESENTATIONS AND WARRANTIES
56
57
58
59
60
AFFIRMATIVE COVENANTS
61
62
63
64
65
NEGATIVE COVENANTS
66
67
68
69
70
71
72
73
74
EVENTS OF DEFAULT AND REMEDIES
75
76
77
78
ADMINISTRATIVE AGENT
79
80
81
82
MISCELLANEOUS
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
CALIFORNIA WATER SERVICE GROUP | ||||
By: | /s/ Martin A. Kropelnicki | |||
Name: | Martin A. Kropelnicki | |||
Title: | Vice President, Chief Financial Officer and Treasurer | |||
Credit Agreement
Signature Page
BANK OF AMERICA, N.A.,as Administrative Agent | ||||
By: | /s/ Dora A. Brown | |||
Name: | Dora A. Brown | |||
Title: | Vice President | |||
Credit Agreement
Signature Page
AND APPLICABLE PERCENTAGES
Applicable | ||||||||
Lender | Commitment | Percentage | ||||||
Bank of America, N.A. | $ | 11,166,666.67 | 22.333333333 | % | ||||
CoBank, ACB | $ | 7,083,333.33 | 14.166666667 | % | ||||
Bank of China, Los Angeles Branch | $ | 5,916,666.67 | 11.833333333 | % | ||||
U.S. Bank, National Association | $ | 3,833,333.33 | 7.666666667 | % | ||||
Compass Bank | $ | 3,333,333.33 | 6.666666667 | % | ||||
Land Bank of Taiwan, Los Angeles Branch | $ | 3,333,333.33 | 6.666666667 | % | ||||
Bank of Communications Co., Ltd., New York Branch | $ | 2,083,333.33 | 4.166666667 | % | ||||
Bank of Taiwan, Los Angeles Branch | $ | 2,083,333.33 | 4.166666667 | % | ||||
Taiwan Business Bank | $ | 2,083,333.33 | 4.166666667 | % | ||||
First Hawaiian Bank | $ | 2,000,000.00 | 4.000000000 | % | ||||
Hua Nan Commercial Bank Ltd., Los Angeles Branch | $ | 1,250,000.00 | 2.500000000 | % | ||||
Malayan Banking Berhad, New York Branch | $ | 1,250,000.00 | 2.500000000 | % | ||||
Mega International Commercial Bank Co., Ltd., New York Branch | $ | 1,133,333.33 | 2.266666667 | % | ||||
Mega International Commercial Bank Co., Ltd., Los Angeles Branch | $ | 950,000.00 | 1.900000000 | % | ||||
The Bank of East Asia, Limited, Los Angeles Branch | $ | 833,333.34 | 1.666666666 | % | ||||
Chang Hwa Commercial Bank, Ltd., Los Angeles Branch | $ | 833,333.34 | 1.666666666 | % | ||||
The Northern Trust Company | $ | 833,333.34 | 1.666666666 | % | ||||
Total | $ | 50,000,000.00 | 100.000000000 | % |
OTHER EQUITY INVESTMENTS;
BORROWERS
Tax ID: 94-0362795
1720 North First Street
San Jose, CA 95112
Tax ID: 77-0448995
1720 North First Street
San Jose, CA 95112
Tax ID: 90-0105509
1720 North First Street
San Jose, CA 95112
Tax ID: 91-0858872
1720 North First Street
San Jose, CA 95112
Tax ID: 80-0147082
1720 North First Street
San Jose, CA 95112
Tax ID: 26-2794132
1720 North First Street
San Jose, CA 95112
Tax ID: 03-0425802
1720 North First Street
San Jose, CA 95112
Tax ID: 91-0980213
1720 North First Street
San Jose, CA 95112
Tax ID: 82-0295890
150 Waikoloa Beach Drive
Waikoloa, HI 96738
Tax ID: 99-0193253
150 Waikoloa Beach Drive
Waikoloa, HI 96738
Tax ID: 82-0295889
150 Waikoloa Beach Drive
Waikoloa, HI 96738
Tax ID: 94-3342771
1720 North First Street
San Jose, CA 95112
California Water Service Co | ||||||||||||
DWR Loan-Lakeland | 2026 | 3.34 | % | 361,721 | ||||||||
DWR Loan-Kernville | 2017 | 3.70 | % | 305,524 | ||||||||
DWR Loan-Arden | 2011 | 7.40 | % | 76,090 | ||||||||
DWR Loan-Bodfish | 2023 | 7.40 | % | 81,717 | ||||||||
DWR Loan-Squirrel Mt | 2033 | 3.00 | % | 635,627 | ||||||||
DWR Loan-Rancho de Par | 2012 | 7.44 | % | 26,052 | ||||||||
DWR Loan-Armstrong | 2017 | 7.40 | % | 30,810 | ||||||||
DWR Loan-Lucerne #1 | 2021 | 7.40 | % | 496,435 | ||||||||
DWR Loan-Coast Spring | 2027 | 2.60 | % | 462,530 | ||||||||
Capital Leases | 539,946 | |||||||||||
New Mexico Water Service Co | ||||||||||||
Note with Bank of America | 2014 | 5.65 | % | 2,342,223 | ||||||||
Washington Water Service Co | ||||||||||||
DWR Loans Washington State | 2019-2025 | 1.5%-4.35 | % | 415,332 | ||||||||
GMAC Contracts | 2010 | 0.00 | % | 91,395 | ||||||||
GMAC Contracts | 2009 | 1.95 | % | 9,837 | ||||||||
GMAC Contracts | 2010 | 4.90 | % | 8,007 | ||||||||
FORD Contracts | 2009 | 0.00 | % | 22,349 | ||||||||
FORD Contracts | 2012 | 5.90 | % | 43,336 | ||||||||
Water System Purchase | 2013 | 7.50 | % | 33,440 | ||||||||
Water System Purchase | 2013 | 7.00 | % | 21,901 | ||||||||
Water System Purchase | 2011 | 10% | R | 610 | ||||||||
Water System Purchase | 2015 | 10% | R | 29,204 | ||||||||
Water System Purchase | 2010 | 14.00 | % | 24,371 | ||||||||
Water System Purchase | 2012 | 14.00 | % | 81,231 | ||||||||
Water System Purchase | 2012 | 6.00 | % | 5,185 | ||||||||
Water System Purchase | 2014 | 6.00 | % | 26,317 | ||||||||
Hawaii Water Service Co | ||||||||||||
Capital Leases | 187,534 |
CERTAIN ADDRESSES FOR NOTICES
California Water Service Group
1720 North First Street
San Jose, California 95112-4598
Attention: Martin Kropelnicki
Chief Financial Officer
Telephone: 408.367.8200
Telecopier: 408.367.8430
Electronic Mail: mkropelnick@calwater.com
Website Address: www.calwater.com
U.S. Taxpayer Identification Numbers:
California Water Service Group 77-0448994
Bank of America, N.A.
2001 Clayton Road, Floor 2
Mail Code: CA4-702-02-25
Concord, California 94520
Attention: Yamila Faamausili
Telephone: 925.675.8075
Telecopier: 888.969.9252
Electronic Mail:yamila.faamausili@bankofamerica.com
Ref: California Water Service Group
Attn: Credit Services
ABA# 026009593
Bank of America, N.A.
Agency Management
800 Fifth Avenue, Floor 17
Mail Code: WA1-501-17-32
Seattle, Washington 98104
Attention: Dora A. Brown
Telephone: 206.358.0101
Telecopier: 415.343.0556
Electronic Mail:dora.a.brown@bankofamerica.com
Trade Operations
1000 W. Temple Street
Mail Code: CA9-705-07-05
Los Angeles, California 90012
Attention: Bolivar Carrillo
Telephone: 213.481.7842
Telecopier: 213.457.8841
Electronic Mail: bolivar.carrillo@bankofamerica.com
2001 Clayton Road, Floor 2
Mail Code: CA4-702-02-25
Concord, California 94520
Attention: Yamila Faamausili
Telephone: 925.675.8075
Telecopier: 888.969.9252
1. | On (a Business Day). | ||
2. | In the amount of . | ||
3. | Comprised of . |
4. | For Eurocurrency Rate Loans: with an Interest Period of months. | ||
5. | On behalf of [insert name of applicable Designated Borrower].1 |
CALIFORNIA WATER SERVICE GROUP | ||||
By: | ||||
Name: | ||||
Title: | ||||
1 | This section is not applicable unless a Subsidiary has been designated as a Designated Subsidiary in accordance withSection 2.14 of the Agreement. |
Form of Revolving Loan Notice
To: | Bank of America, N.A., as Swing Line Lender Bank of America, N.A., as Administrative Agent |
1. | On (a Business Day). | ||
2. | In the amount of $ . |
CALIFORNIA WATER SERVICE GROUP | ||||
By: | ||||
Name: | ||||
Title: | ||||
Form of Swing Line Loan Notice
2 | Include this sentence only for Notes signed by Designated Borrowers. |
Form of Note
CALIFORNIA WATER SERVICE GROUP OR [APPLICABLE DESIGNATED BORROWER] | ||||
By: | ||||
Name: | ||||
Title: | ||||
Form of Note
Amount of | ||||||||||||
Principal | Outstanding | |||||||||||
Type of | Amount of | End of | or Interest | Principal | ||||||||
Loan | Loan | Interest | Paid This | Balance | Notation | |||||||
Date | Made | Made | Period | Date | This Date | Made By | ||||||
Form of Note
3 | This Certificate should be from the chief executive officer, chief financial officer, treasurer or controller of the Company. |
Form of Compliance Certificate
CALIFORNIA WATER SERVICE GROUP | ||||
By: | ||||
Name: | ||||
Title: | ||||
Form of Compliance Certificate
to the Compliance Certificate
($ in 000’s)
I. | Section 7.10(a) — Total Capitalization Ratio. | |||||||
A. Consolidated Funded Indebtedness at Statement Date: | $ | |||||||
B. Consolidated Net Worth at Statement Date: | $ | |||||||
C. Total Capitalization Ratio (Line I.A ÷ [Line I.A + Line I.B]) | $ | |||||||
Maximum Permitted: | 66.7 | % | ||||||
II. | Section 7.10(b) — Consolidated Interest Coverage Ratio. | |||||||
A. Consolidated EBITDA for four consecutive fiscal quarters ending on above date (“Subject Period”): | ||||||||
1. Consolidated Net Income for Subject Period: | $ | |||||||
2. Consolidated Interest Charges for Subject Period: | $ | |||||||
3. Provision for income taxes for Subject Period: | $ | |||||||
4. Depreciation expenses for Subject Period: | $ | |||||||
5. Amortization expenses for Subject Period: | $ | |||||||
6. Other expenses or charges reducing Consolidated Net Income for Subject Period, which do not represent a cash item in Subject Period or any future period: | $ | |||||||
7. Permitted transaction, fees, costs and expenses incurred during Subject Period: | $ | |||||||
8. Reductions in Consolidated Net Income for Subject Period in accordance with FAS 141R as a result of an earn-out or other similar purchase price adjustment in connection with a Permitted Acquisition: | $ | |||||||
9. Income tax credits for Subject Period: | $ | |||||||
10. Non-cash gains and non-cash items increasing Consolidated Net Income for Subject Period: | $ |
Form of Compliance Certificate
11. Cash payments for Subject Period in respect of earn-outs or other similar purchase price adjustments: | $ | |||||||
12. Consolidated EBITDA (Lines II.A.1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 - 9 - 10 - 11): | $ | |||||||
B. Consolidated Interest Charges for Subject Period: | $ | |||||||
C. Consolidated Interest Coverage Ratio (Line II.A.12 ÷ Line II.B): | ________ to 1.00 | |||||||
Minimum required: | 3.00 to 1.00 |
Form of Compliance Certificate
4 | For bracketed language here and elsewhere in this form relating to the Assignor(s), if the assignment is from a single Assignor, choose the first bracketed language. If the assignment is from multiple Assignors, choose the second bracketed language. | |
5 | For bracketed language here and elsewhere in this form relating to the Assignee(s), if the assignment is to a single Assignee, choose the first bracketed language. If the assignment is to multiple Assignees, choose the second bracketed language. | |
6 | Select as appropriate. | |
7 | Include bracketed language if there are either multiple Assignors or multiple Assignees. |
E-1-1
Form of Assignment and Assumption
1. | Assignor[s]: | |||
2. | Assignee[s]: | |||
[for each Assignee, indicate [Affiliate][Approved Fund] of [identify Lender] |
3. | Borrowers: California Water Service Group and certain of its Subsidiaries | |
4. | Administrative Agent: Bank of America, N.A., as the administrative agent under the Credit Agreement | |
5. | Credit Agreement: Credit Agreement dated as of October 27, 2009 among California Water Service Group and certain Subsidiaries, as Borrowers, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer | |
6. | Assigned Interest[s]: |
Aggregate Amount of | Amount of | Percentage | ||||||||
Commitment/Loans | Commitment/ | Assigned of | ||||||||
for all | Loans | Commitment/ | CUSIP | |||||||
Assignor[s]8 | Assignee[s]9 | Lenders10 | Assigned* | Loans11 | Number | |||||
$____________ | $____________ | ___% | ||||||||
$____________ | $____________ | ___% | ||||||||
$____________ | $____________ | ___% |
[7. | Trade Date: __________________]12 |
8 | List each Assignor, as appropriate. | |
9 | List each Assignee, as appropriate. | |
10 | Amounts in this column and in the column immediately to the right to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. | |
11 | Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. | |
12 | To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. |
E-1-2
Form of Assignment and Assumption
ASSIGNOR [NAME OF ASSIGNOR] | ||||
By: | ||||
Title: | ||||
ASSIGNEE [NAME OF ASSIGNEE] | ||||
By: | ||||
Title: | ||||
[Consented to and]13 Accepted: BANK OF AMERICA, N.A., as Administrative Agent | ||||
By: | ||||
Title: | ||||
[Consented to:]14 CALIFORNIA WATER SERVICE GROUP | ||||
By: | ||||
Title: | ||||
13 | To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement. | |
14 | To be added only if the consent of the Company and/or other parties (e.g. Swing Line Lender, L/C Issuer) is required by the terms of the Credit Agreement. |
E-1-3
Form of Assignment and Assumption
among California Water Service Group and certain Subsidiaries, as Borrowers,
Bank of America, N.A., as Administrative Agent,
and the Lenders party thereto from time to time
ASSIGNMENT AND ASSUMPTION
E-1-4
Form of Assignment and Assumption
E-1-5
Form of Assignment and Assumption
E-2-1
Form of Administrative Questionnaire
FAX ALONG WITH COMMITMENT LETTER TO: | ||
FAX # | ||
I. Borrower Name: | California Water Service Group | |||||||
$__________________ | Type of Credit Facility | |||||||
III. Type of Lender: | ||
(Bank, Asset Manager, Broker/Dealer, CLO/CDO, Finance Company, Hedge Fund, Insurance, Mutual Fund, Pension Fund, Other Regulated Investment Fund, Special Purpose Vehicle, Other — please specify) |
IV. Domestic Address: | V. Eurodollar Address: | |
Primary | Secondary | |||||
Credit Contact | Operations Contact | Operations Contact | ||||
Name: | ||||||
Title: | ||||||
Address: | ||||||
Telephone: | ||||||
Facsimile: | ||||||
E Mail Address: | ||||||
E-2-1
Form of Administrative Questionnaire
Letter of Credit | Draft Documentation | |||||
Contact | Contact | Legal Counsel | ||||
Name: | ||||||
Title: | ||||||
Address: | ||||||
Telephone: | ||||||
Facsimile: | ||||||
E Mail Address: | ||||||
Pay to: | |||
(Bank Name) | |||
(ABA #) | |||
(Account #) | |||
(Attention) |
Pay to: | ||||
(Bank Name) | ||||
(ABA#) | (City/State) | |||
(Account #) | (Account Name) | |||
(Attention) |
E-2-2
Form of Administrative Questionnaire
E-2-3
Form of Administrative Questionnaire
* | Additional guidance and instructions as to where to submit this documentation can be found at this link: |
Pay to: | Bank of America, N.A. ABA # 026009593 New York, NY Acct. # Attn: Corporate Credit Services Ref: California Water Service Group |
E-2-4
Form of Administrative Questionnaire
F-1
Form of Guaranty
F-2
Form of Guaranty
F-3
F-4
F-5
F-6
F-7
18. | Guaranteed Cash Management Agreements and Guaranteed Hedging Agreements. |
F-8
F-9
F-10
F-11
COMPANY: CALIFORNIA WATER SERVICE GROUP | ||||
By: | ||||
Name: | Martin A. Kropelnicki | |||
Title: | Vice President, Chief Financial Officer and Treasurer | |||
F-12
ADMINISTRATIVE AGENT: BANK OF AMERICA, N.A., as Administrative Agent | ||||
By: | ||||
Name: | Dora A. Brown | |||
Title: | Vice President | |||
F-13
REQUEST AND ASSUMPTION AGREEMENT
Form of Designated Borrower Request and Assumption Agreement
[DESIGNATED BORROWER] | ||||
By: | ||||
Title: | ||||
CALIFORNIA WATER SERVICE GROUP | ||||
By: | ||||
Title: | ||||
G-2
BANK OF AMERICA, N.A., as Administrative Agent | ||||
By: | ||||
Title: | ||||
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Opinion of Gibson, Dunn & Crutcher, LLP