NOVELIS INC.,
as Borrower,
as Holdings,
THE OTHER LOAN PARTIES PARTY HERETO,
as Administrative Agent,
MERRILL LYNCH, PIERCE, FENNER AND SMITH INCORPORATED,
CITIGROUP GLOBAL MARKETS INC.
UBS SECURITIES LLC,
as Joint Lead Arrangers and Joint Bookrunners
- 3 -
- 4 -
- 5 -
- 6 -
- 7 -
NOVELIS INC., as the Borrower | |||||||
By: | /s/ Randal P. Miller | ||||||
Name: | Randal P. Miller | ||||||
Title: | Authorized Signatory | ||||||
AV METALS INC., as Holdings | |||||||
By: | /s/ Anil Malik | ||||||
Name: | Anil Malik | ||||||
NOVELIS CORPORATION, as U.S. Guarantor | |||||||
By: | /s/ Randal P. Miller | ||||||
Name: | Randal P. Miller | ||||||
Title: | Authorized Signatory | ||||||
NOVELIS PAE CORPORATION, as U.S. Guarantor | |||||||
By: | /s/ Randal P. Miller | ||||||
Name: | Randal P. Miller | ||||||
Title: | Authorized Signatory | ||||||
NOVELIS BRAND LLC, as U.S. Guarantor | |||||||
By: | /s/ Marion G. Barnes | ||||||
Name: | Marion G. Barnes | ||||||
Title: | Authorized Signatory | ||||||
NOVELIS SOUTH AMERICA HOLDINGS LLC, as U.S. Guarantor | |||||||
By: | /s/ Randal P. Miller | ||||||
Name: | Randal P. Miller | ||||||
Title: | Authorized Signatory | ||||||
ALUMINUM UPSTREAM HOLDINGS LLC, as U.S. Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS ACQUISITIONS LLC, as U.S. Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS NORTH AMERICA HOLDINGS INC., as U.S. Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS UK LTD, as U.K. Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS SERVICES LIMITED, as U.K. Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS AG, as Swiss Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS CAST HOUSE TECHNOLOGY LTD., as Canadian Guarantor | ||||||
By: | /s/ Marion G. Barnes | |||||
Name: | Marion G. Barnes | |||||
Title: | Authorized Signatory | |||||
4260848 CANADA INC., as Canadian Guarantor | ||||||
By: | /s/ Marion G. Barnes | |||||
Name: | Marion G. Barnes | |||||
Title: | Authorized Signatory | |||||
4260856 | CANADA INC., as Canadian Guarantor | |||||
By: | /s/ Marion G. Barnes | |||||
Name: | Marion G. Barnes | |||||
Title: | Authorized Signatory | |||||
NOVELIS NO. 1 LIMITED PARTNERSHIP, as Canadian Guarantor, | ||||||
By: | 4260848 CANADA INC. | |||||
Its: | General Partner | |||||
By: | /s/ Marion G. Barnes | |||||
Name: | Marion G. Barnes | |||||
Title: | Authorized Signatory | |||||
NOVELIS EUROPE HOLDINGS LIMITED, as U.K. Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS SWITZERLAND SA, as Swiss Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS TECHNOLOGY AG, as Swiss Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS DEUTSCHLAND GMBH, as German Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS MADEIRA UNIPESSOAL, LDA, as Madeira Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS PAE S.A.S., as French Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS LUXEMBOURG S.A., as Luxembourg Guarantor | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS DO BRASIL LTDA., as Brazilian Guarantor | ||||||
By: | /s/ Alexandre Di Sesso | |||||
Name: | Alexandre Di Sesso | |||||
Title: | Finance Director | |||||
Signed and Delivered as a Deed for and on behalf of | ||||||
NOVELIS ALUMINIUM HOLDING COMPANY, | ||||||
by its duly authorised attorney, | ||||||
as Irish Guarantor, | ||||||
in the presence of: | ||||||
Name: | /s/ Leslie J. Parrette, Jr. | |||||
Title: | Authorized Signatory | |||||
Name: | /s/ Thomas W. LaBarge | |||||
Title: | Authorized Signatory | |||||
NOVELIS ITALIA S.P.A., as Third Party Security Provider | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
NOVELIS FOIL FRANCE S.A.S., as Third Party Security Provider | ||||||
By: | /s/ Randal P. Miller | |||||
Name: | Randal P. Miller | |||||
Title: | Authorized Signatory | |||||
BANK OF AMERICA, N.A., as Administrative Agent | ||||||
By: | /s/ Christopher Kelly Nall | |||||
Name: | Christopher Kelly Nall | |||||
Title: | Managing Director | |||||
By: | ||||||
Name: | ||||||
Title: | ||||||
NOVELIS INC.,
as Borrower,
as Holdings,
THE OTHER GUARANTORS PARTY HERETO,
as Administrative Agent and Collateral Agent,
as Syndication Agent,
THE ROYAL BANK OF SCOTLAND PLC
UBS SECURITIES LLC,
as Co-Documentation Agents,
MERRILL LYNCH, PIERCE, FENNER AND SMITH INCORPORATED
J.P. MORGAN SECURITIES LLC,
as Joint Lead Arrangers
MERRILL LYNCH, PIERCE, FENNER AND SMITH INCORPORATED,
J.P. MORGAN SECURITIES LLC,
CITIGROUP GLOBAL MARKETS INC.,
RBS SECURITIES INC.
UBS SECURITIES LLC,
as Joint Bookrunners
Page
ARTICLE I DEFINITIONS | 1 | |||
Section 1.01 Defined Terms | 1 | |||
Section 1.02 Classification of Loans and Borrowings | 78 | |||
Section 1.03 Terms Generally; Currency Translation | 78 | |||
Section 1.04 Accounting Terms; GAAP | 79 | |||
Section 1.05 Resolution of Drafting Ambiguities | 80 | |||
Section 1.06 Pro Forma Calculations | 80 | |||
ARTICLE II THE CREDITS | 80 | |||
Section 2.01 Commitments | 80 | |||
Section 2.02 Loans | 80 | |||
Section 2.03 Borrowing Procedure | 82 | |||
Section 2.04 Repayment of Loans; Evidence of Debt | 83 | |||
Section 2.05 Fees | 83 | |||
Section 2.06 Interest on Loans | 84 | |||
Section 2.07 Termination of Commitments | 85 | |||
Section 2.08 Interest Elections | 85 | |||
Section 2.09 Amortization of Term Loan Borrowings | 86 | |||
Section 2.10 Optional and Mandatory Prepayments of Loans | 87 | |||
Section 2.11 Alternate Rate of Interest | 92 | |||
Section 2.12 Yield Protection; Change in Law Generally | 92 | |||
Section 2.13 Breakage Payments | 95 | |||
Section 2.14 Payments Generally; Pro Rata Treatment; Sharing of Setoffs | 95 | |||
Section 2.15 Taxes | 98 | |||
Section 2.16 Mitigation Obligations; Replacement of Lenders | 101 | |||
Section 2.17 [INTENTIONALLY OMITTED] | 103 | |||
Section 2.18 [INTENTIONALLY OMITTED] | 103 | |||
Section 2.19 Interest Act (Canada); Criminal Rate of Interest; Nominal Rate of Interest | 103 | |||
Section 2.20 [INTENTIONALLY OMITTED] | 104 | |||
Section 2.21 [INTENTIONALLY OMITTED] | 104 | |||
Section 2.22 [INTENTIONALLY OMITTED] | 104 | |||
Section 2.23 Incremental Term Loan Commitments | 104 | |||
Section 2.24 Refinancing Amendments | 107 | |||
ARTICLE III REPRESENTATIONS AND WARRANTIES | 108 | |||
Section 3.01 Organization; Powers | 108 | |||
Section 3.02 Authorization; Enforceability | 109 |
i
Section 3.03 No Conflicts | 109 | |||
Section 3.04 Financial Statements; Projections | 109 | |||
Section 3.05 Properties | 110 | |||
Section 3.06 Intellectual Property | 111 | |||
Section 3.07 Equity Interests and Subsidiaries | 112 | |||
Section 3.08 Litigation; Compliance with Laws | 113 | |||
Section 3.09 Agreements | 113 | |||
Section 3.10 Federal Reserve Regulations | 113 | |||
Section 3.11 Investment Company Act | 113 | |||
Section 3.12 Use of Proceeds | 113 | |||
Section 3.13 Taxes | 114 | |||
Section 3.14 No Material Misstatements | 114 | |||
Section 3.15 Labor Matters | 114 | |||
Section 3.16 Solvency | 115 | |||
Section 3.17 Employee Benefit Plans | 115 | |||
Section 3.18 Environmental Matters | 116 | |||
Section 3.19 Insurance | 118 | |||
Section 3.20 Security Documents | 118 | |||
Section 3.21 Material Indebtedness Documents | 122 | |||
Section 3.22 Anti-Terrorism Law | 122 | |||
Section 3.23 Location of Material Inventory and Equipment | 123 | |||
Section 3.24 Senior Notes; Material Indebtedness | 123 | |||
Section 3.25 Centre of Main Interests and Establishments | 123 | |||
Section 3.26 Holding and Dormant Companies | 124 | |||
Section 3.27 Excluded Collateral Subsidiaries | 124 | |||
ARTICLE IV CONDITIONS TO CREDIT EXTENSIONS | 124 | |||
Section 4.01 Conditions to Initial Credit Extension | 124 | |||
Section 4.02 Conditions to Credit Extensions | 134 | |||
ARTICLE V AFFIRMATIVE COVENANTS | 135 | |||
Section 5.01 Financial Statements, Reports, etc. | 135 | |||
Section 5.02 Litigation and Other Notices | 138 | |||
Section 5.03 Existence; Businesses and Properties | 139 | |||
Section 5.04 Insurance | 140 | |||
Section 5.05 Taxes | 141 | |||
Section 5.06 Employee Benefits | 141 | |||
Section 5.07 Maintaining Records; Access to Properties and Inspections; Annual Meetings | 142 | |||
Section 5.08 Use of Proceeds | 143 | |||
Section 5.09 Compliance with Environmental Laws; Environmental Reports | 143 | |||
Section 5.10 [INTENTIONALLY OMITTED] | 143 | |||
Section 5.11 Additional Collateral; Additional Guarantors | 143 | |||
Section 5.12 Security Interests; Further Assurances | 146 | |||
Section 5.13 Information Regarding Collateral | 147 |
ii
Section 5.14 Affirmative Covenants with Respect to Leases | 148 | |||
Section 5.15 Post-Closing Covenants | 148 | |||
Section 5.16 Designation of Subsidiaries | 148 | |||
ARTICLE VI NEGATIVE COVENANTS | 149 | |||
Section 6.01 Indebtedness | 149 | |||
Section 6.02 Liens | 154 | |||
Section 6.03 Sale and Leaseback Transactions | 159 | |||
Section 6.04 Investments, Loan and Advances | 159 | |||
Section 6.05 Mergers, Amalgamations and Consolidations | 163 | |||
Section 6.06 Asset Sales | 164 | |||
Section 6.07 Cash Pooling Arrangements | 167 | |||
Section 6.08 Dividends | 167 | |||
Section 6.09 Transactions with Affiliates | 169 | |||
Section 6.10 Total Net Leverage Ratio | 170 | |||
Section 6.11 Prepayments of Other Indebtedness; Modifications of Organizational Documents and Other Documents, etc. | 171 | |||
Section 6.12 Limitation on Certain Restrictions on Restricted Subsidiaries | 173 | |||
Section 6.13 Issuance of Disqualified Capital Stock | 174 | |||
Section 6.14 Forward Share Sale Agreement and Support Agreement | 174 | |||
Section 6.15 Business | 174 | |||
Section 6.16 Limitation on Accounting Changes | 175 | |||
Section 6.17 Fiscal Year | 175 | |||
Section 6.18 Margin Rules | 175 | |||
Section 6.19 No Further Negative Pledge | 175 | |||
Section 6.20 Anti-Terrorism Law; Anti-Money Laundering | 176 | |||
Section 6.21 Embargoed Persons | 176 | |||
ARTICLE VII GUARANTEE | 176 | |||
Section 7.01 The Guarantee | 176 | |||
Section 7.02 Obligations Unconditional | 177 | |||
Section 7.03 Reinstatement | 179 | |||
Section 7.04 Subrogation; Subordination | 179 | |||
Section 7.05 Remedies | 179 | |||
Section 7.06 Instrument for the Payment of Money | 180 | |||
Section 7.07 Continuing Guarantee | 180 | |||
Section 7.08 General Limitation on Guarantee Obligations | 180 | |||
Section 7.09 Release of Guarantors | 180 | |||
Section 7.10 Certain Tax Matters | 181 | |||
Section 7.11 German Guarantor | 181 | |||
Section 7.12 Swiss Guarantors | 184 | |||
Section 7.13 Irish Guarantor | 185 | |||
Section 7.14 Brazilian Guarantor | 185 | |||
Section 7.15 French Guarantor | 185 | |||
Section 7.16 Luxembourg Guarantor | 186 |
iii
ARTICLE VIII EVENTS OF DEFAULT | 186 | |||
Section 8.01 Events of Default | 186 | |||
Section 8.02 Rescission | 190 | |||
Section 8.03 Application of Proceeds | 190 | |||
Section 8.04 Borrower’s Right to Cure | 192 | |||
ARTICLE IX [INTENTIONALLY OMITTED] | 193 | |||
ARTICLE X THE ADMINISTRATIVE AGENT AND THE COLLATERAL AGENT | 193 | |||
Section 10.01 Appointment and Authority | 193 | |||
Section 10.02 Rights as a Lender | 193 | |||
Section 10.03 Exculpatory Provisions | 193 | |||
Section 10.04 Reliance by the Administrative Agent | 194 | |||
Section 10.05 Delegation of Duties | 195 | |||
Section 10.06 Resignation of Agent | 195 | |||
Section 10.07 Non-Reliance on Agent and Other Lenders | 195 | |||
Section 10.08 No Other Duties, etc | 196 | |||
Section 10.09 Administrative Agent May File Proofs of Claim | 196 | |||
Section 10.10 Concerning the Collateral and the Related Loan Documents | 196 | |||
Section 10.11 Release | 197 | |||
Section 10.12 Acknowledgment of Security Trust Deed | 197 | |||
Section 10.13 Secured Hedging Agreements | 197 | |||
ARTICLE XI MISCELLANEOUS | 197 | |||
Section 11.01 Notices | 197 | |||
Section 11.02 Waivers; Cumulative Remedies; Amendment | 202 | |||
Section 11.03 Expenses; Indemnity; Damage Waiver | 208 | |||
Section 11.04 Successors and Assigns | 211 | |||
Section 11.05 Survival of Agreement | 215 | |||
Section 11.06 Counterparts; Integration; Effectiveness | 215 | |||
Section 11.07 Severability | 216 | |||
Section 11.08 Right of Setoff | 216 | |||
SECTION 11.09 GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS | 216 | |||
SECTION 11.10 WAIVER OF JURY TRIAL | 217 | |||
Section 11.11 Headings | 218 | |||
Section 11.12 Treatment of Certain Information; Confidentiality | 218 | |||
Section 11.13 USA PATRIOT Act Notice | 219 | |||
Section 11.14 Interest Rate Limitation | 219 | |||
Section 11.15 Lender Addendum | 219 | |||
Section 11.16 Obligations Absolute | 219 | |||
Section 11.17 Intercreditor Agreement | 220 | |||
Section 11.18 Judgment Currency | 220 |
iv
Section 11.19 Enforcement | 221 | |||
Section 11.20 No Advisory or Fiduciary Responsibility | 221 | |||
Section 11.21 Abstract Acknowledgment of Indebtedness and Joint Creditorship | 222 | |||
Section 11.22 Special Appointment of Collateral Agent for German Security | 223 | |||
Section 11.23 Special Appointment of Collateral Agent in Relation to South Korea | 224 | |||
Section 11.24 Special Appointment of Collateral Agent in Relation to France | 225 | |||
Section 11.25 Swiss Tax Ruling | 225 | |||
Section 11.26 Designation of Collateral Agent under Civil Code of Quebec | 226 | |||
Section 11.27 Maximum Liability | 226 | |||
Section 11.28 NO ORAL AGREEMENT | 226 | |||
Section 11.29 Collateral Matters | 226 | |||
Section 11.30 Electronic Execution of Assignments and Certain other Documents | 227 | |||
Section 11.31 Payments Set Aside | 227 |
v
Annex I | Amortization Table | |
SCHEDULES | ||
Schedule 1.01(a) | Refinancing Indebtedness to Be Repaid | |
Schedule 1.01(b) | Subsidiary Guarantors | |
Schedule 1.01(c) | Excluded Collateral Subsidiaries | |
Schedule 1.01(d) | Existing Secured Hedge Providers | |
Schedule 1.01(e) | Administrative Agent’s Office | |
Schedule 1.01(f) | Closing Date Unrestricted Subsidiaries | |
Schedule 3.06(c) | Violations or Proceedings | |
Schedule 3.17 | Pension Matters | |
Schedule 3.19 | Insurance | |
Schedule 3.21 | Material Documents | |
Schedule 3.24 | Location of Material Inventory | |
Schedule 4.01(g) | Local and Foreign Counsel | |
Schedule 4.01(o)(iii) | Title Insurance Amounts | |
Schedule 5.11(b) | Certain Subsidiaries | |
Schedule 5.15 | Post-Closing Covenants | |
Schedule 6.01(b) | Existing Indebtedness | |
Schedule 6.02(c) | Existing Liens | |
Schedule 6.04(b) | Existing Investments |
Exhibit A | Form of Administrative Questionnaire | |
Exhibit B | Form of Assignment and Assumption | |
Exhibit C | Form of Borrowing Request | |
Exhibit D | Form of Compliance Certificate | |
Exhibit E | Form of Interest Election Request | |
Exhibit F | Form of Joinder Agreement | |
Exhibit G | Form of Landlord Access Agreement | |
Exhibit H | [INTENTIONALLY OMITTED] | |
Exhibit I | Form of Lender Addendum | |
Exhibit J | Form of Mortgage | |
Exhibit K | Form of Term Loan Note | |
Exhibit L-1 | Form of Perfection Certificate | |
Exhibit L-2 | Form of Perfection Certificate Supplement | |
Exhibit M-1 | Form of U.S. Security Agreement | |
Exhibit M-2 | Form of Canadian Security Agreement | |
Exhibit M-3 | Form of U.K. Security Agreement | |
Exhibit M-4 | Form of Swiss Security Agreement | |
Exhibit M-5 | Form of German Security Agreement | |
Exhibit M-6 | Form of Irish Security Agreement | |
Exhibit M-7 | Form of Brazilian Security Agreement |
vi
Exhibit M-8 | Form of Luxembourg Security Agreement | |
Exhibit M-9 | Form of Madeira Security Agreement | |
Exhibit M-10 | Form of French Security Agreement | |
Exhibit N | Form of Opinion of Company Counsel | |
Exhibit O | Form of Solvency Certificate | |
Exhibit P | Form of Intercompany Note | |
Exhibit Q | Form of Secured Hedge Provider Joinder |
vii
2
3
Total Net | ||||||||||||
Pricing | Leverage | Eurodollar | ||||||||||
Level | Ratio | Rate | Base Rate | |||||||||
1 | Greater than 3.5 to 1.00 | 3.00 | % | 2.00 | % | |||||||
2 | Equal to or less than 3.5 to 1.00 | 2.75 | % | 1.75 | % |
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
Eurodollar Rate = | Eurodollar Base Rate | |||
1.00 – Eurodollar Reserve Percentage |
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
Total Net | ||||
Test Period | Leverage Ratio | |||
March 30, 2011 through March 31, 2012 | 4.75 to 1.0 | |||
April 1, 2012 through March 31, 2013 | 4.50 to 1.0 | |||
April 1, 2013 through March 31, 2014 | 4.375 to 1.0 | |||
April 1, 2014 through March 31, 2015 | 4.25 to 1.0 | |||
April 1, 2015 and thereafter | 4.0 to 1.0 |
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
Two Alliance Center
3560 Lennox Road, Suite 2000
Atlanta, GA 30326
Attention: Randal P. Miller
Telecopier No.: 404-760-0124
Email: randy.miller@novelis.com
Two Alliance Center
3560 Lennox Road, Suite 2000
Atlanta, GA 30326
Attention: Leslie J. Parrette, Jr.
Telecopier No.: 404-760-0137
Email: les.parrette@novelis.com
One New York Plaza
New York, New York 10004
Attention: F. William Reindel
Telecopier No.: 212-859-4000
Email: f.william.reindel@friedfrank.com
237 Park Avenue
New York, New York 10017
Attention: Jonathan B. Wiener
Telecopier No.: 212-682-0200
Email: jwiener@torys.com
198
1455 Market Street
San Francisco, CA 94103
Attention: Bridgett Manduk
Telecopier No.: 415-503-5011
Email: bridgett.manduk@baml.com
300 South Grand Avenue
Los Angeles, CA 90071
Attention: David C. Reamer
Telecopier No.: (213) 687-5600
Phone No.: (213) 687-5000
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
NOVELIS INC., as the Borrower | ||||
By: | ||||
Name: | ||||
Title | ||||
AV METALS INC., as Holdings | ||||
By: | ||||
Name: | ||||
NOVELIS CORPORATION, as U.S. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS PAE CORPORATION, as U.S. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS BRAND LLC, as U.S. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS SOUTH AMERICA HOLDINGS LLC, as U.S. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
S-1
ALUMINUM UPSTREAM HOLDINGS LLC, as U.S. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS ACQUISITIONS LLC, as U.S. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS NORTH AMERICA HOLDINGS INC., as U.S. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
S-2
NOVELIS UK LTD, as U.K. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS SERVICES LIMITED, as U.K. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS AG, as Swiss Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS CAST HOUSE TECHNOLOGY LTD., as Canadian Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
4260848 CANADA INC., as Canadian Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
4260856 CANADA INC., as Canadian Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
S-3
NOVELIS NO. 1 LIMITED PARTNERSHIP, as Canadian Guarantor, By: 4260848 CANADA INC. Its: General Partner | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS EUROPE HOLDINGS LIMITED, as U.K. Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS SWITZERLAND SA, as Swiss Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS TECHNOLOGY AG, as Swiss Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS DEUTSCHLAND GMBH, as German Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
S-4
NOVELIS MADEIRA UNIPESSOAL, LDA, as Madeira Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS PAE S.A.S., as French Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
NOVELIS LUXEMBOURG S.A., as Luxembourg Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
S-5
NOVELIS DO BRASIL LTDA., as Brazilian Guarantor | ||||
By: | ||||
Name: | ||||
Title | ||||
S-6
Signed and Delivered as a Deed for and on behalf of NOVELIS ALUMINIUM HOLDING COMPANY, by its duly authorised attorney, as Irish Guarantor, in the presence of: | ||||
Name: | ||||
Title: | ||||
Name: | ||||
Title: | ||||
S-7
BANK OF AMERICA, N.A., as Administrative Agent | ||||
By: | ||||
Name: | ||||
Title: | ||||
By: | ||||
Name: | ||||
Title: | ||||
S-8
Date | Term Loan Amount | |||
March 31, 2011 | $ | 3,750,000 | ||
June 30, 2011 | $ | 3,750,000 | ||
September 30, 2011 | $ | 3,750,000 | ||
December 31, 2011 | $ | 3,750,000 | ||
March 31, 2012 | $ | 3,750,000 | ||
June 30, 2012 | $ | 3,750,000 | ||
September 30, 2012 | $ | 3,750,000 | ||
December 31, 2012 | $ | 3,750,000 | ||
March 31, 2013 | $ | 3,750,000 | ||
June 30, 2013 | $ | 3,750,000 | ||
September 30, 2013 | $ | 3,750,000 | ||
December 31, 2013 | $ | 3,750,000 | ||
March 31, 2014 | $ | 3,750,000 | ||
June 30, 2014 | $ | 3,750,000 | ||
September 30, 2014 | $ | 3,750,000 | ||
December 31, 2014 | $ | 3,750,000 | ||
March 31, 2015 | $ | 3,750,000 | ||
June 30, 2015 | $ | 3,750,000 | ||
September 30, 2015 | $ | 3,750,000 | ||
December 31, 2015 | $ | 3,750,000 | ||
March 31, 2016 | $ | 3,750,000 | ||
June 30, 2016 | $ | 3,750,000 | ||
September 30, 2016 | $ | 3,750,000 | ||
December 31, 2016 | $ | 3,750,000 | ||
Original Maturity Date | Remaining outstanding principal |
To: | Bank of America, N.A., as Administrative Agent 1455 Market Street San Francisco, California 94103 Attention: Bridgett Manduk |
Re: | Novelis Inc. Amendment No. 1 to Credit Agreement |
, | ||||||
(Name of Institution) | ||||||
By: | ||||||
Title: |
[If a second signature is necessary: | ||||||
By: | ||||||
Title:] |