EXHIBIT 10.1
Execution Version
AMENDED AND RESTATED CREDIT AGREEMENT
Dated as of September 30, 2013
Among
DRESSER-RAND GROUP INC.,
as Domestic Borrower,
GRUPO GUASCOR, S.L.,
as Spanish Borrower,
THE LENDERS PARTY HERETO,
JPMORGAN CHASE BANK, N.A.,
as Administrative Agent,
J.P. MORGAN EUROPE LIMITED,
as European Administrative Agent
and
BANK OF AMERICA, N.A.,
COMMERZBANK AG, NEW YORK AND GRAND CAYMAN BRANCH,
DNB BANK ASA, NEW YORK BRANCH,
SOVEREIGN BANK
and
WELLS FARGO BANK, N.A.,
as Co-Syndication Agents
J.P. MORGAN SECURITIES LLC,
as Sole Lead Arranger and Sole Book Manager
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS.............................................................................................................................................................................1
Section 1.01Defined Terms...............................................................................................................................................................1
Section 1.02Terms Generally...........................................................................................................................................................1
ARTICLE II
THE CREDITS.............................................................................................................................................................................1
Section 2.01Commitments and Loans.............................................................................................................................................1
Section 2.02Loans and Borrowings.................................................................................................................................................1
Section 2.03Requests for Borrowings.............................................................................................................................................1
Section 2.04Swingline Loans...........................................................................................................................................................1
Section 2.05Letters of Credit...........................................................................................................................................................1
Section 2.06Funding of Borrowings...............................................................................................................................................1
Section 2.07Interest Elections...........................................................................................................................................................1
Section 2.08Termination and Reduction of Commitments...........................................................................................................1
Section 2.09Increase of Commitments...........................................................................................................................................1
Section 2.10Repayment of Loans; Evidence of Debt.................................................................................................................1
Section 2.11Repayment of Revolving Facility Loans, Euro Revolving Facility Loans and Term Facility Loans.............1
Section 2.12Prepayment of Loans...................................................................................................................................................1
Section 2.13Fees.................................................................................................................................................................................1
Section 2.14Interest...........................................................................................................................................................................1
Section 2.15Alternate Rate of Interest...........................................................................................................................................1
Section 2.16Increased Costs...........................................................................................................................................................1
Section 2.17Break Funding Payments...........................................................................................................................................1
Section 2.18Taxes...............................................................................................................................................................................1
Section 2.19Payments Generally; Pro Rata Treatment; Sharing of Set-offs...........................................................................1
Section 2.20Mitigation Obligations; Replacement of Lenders...................................................................................................1
Section 2.21Additional Reserve Costs...........................................................................................................................................1
Section 2.22Illegality...........................................................................................................................................................................1
Section 2.23Additional Borrowers.................................................................................................................................................1
Section 2.24Defaulting Lenders.......................................................................................................................................................1
ARTICLE III
REPRESENTATIONS AND WARRANTIES...................................................................................................................1
Section 3.01Organization; Powers...................................................................................................................................................1
Section 3.02Authorization.................................................................................................................................................................1
Section 3.03Enforceability.................................................................................................................................................................1
Section 3.04Governmental Approvals.............................................................................................................................................1
Section 3.05Financial Statements.....................................................................................................................................................1
Section 3.06No Material Adverse Effect.......................................................................................................................................1
Section 3.07Title to Properties; Possession Under Leases.........................................................................................................1
Section 3.08Litigation; Compliance with Laws.............................................................................................................................1
Section 3.09Federal Reserve Regulations.....................................................................................................................................1
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Section 3.10Investment Company Act...........................................................................................................................................1
Section 3.11Use of Proceeds...........................................................................................................................................................1
Section 3.12Tax Returns...................................................................................................................................................................1
Section 3.13No Material Misstatements.........................................................................................................................................1
Section 3.14Employee Benefit Plans...............................................................................................................................................1
Section 3.15Environmental Matters.................................................................................................................................................1
Section 3.16Mortgages.....................................................................................................................................................................1
Section 3.17Location of Real Property...........................................................................................................................................1
Section 3.18Solvency.........................................................................................................................................................................1
Section 3.19Labor Matters...............................................................................................................................................................1
Section 3.20Insurance.......................................................................................................................................................................1
Section 3.21Anti-Terrorism and US Sanctions Laws.................................................................................................................1
ARTICLE IV
CONDITIONS OF LENDING.............................................................................................................................................1
Section 4.01All Credit Events...........................................................................................................................................................1
Section 4.02First Credit Event.........................................................................................................................................................1
Section 4.03Conditions Precedent to the Initial Borrowing of Each Additional Borrower...................................................1
ARTICLE V
AFFIRMATIVE COVENANTS.............................................................................................................................................1
Section 5.01Existence; Businesses and Properties.......................................................................................................................1
Section 5.02Insurance.......................................................................................................................................................................1
Section 5.03Taxes...............................................................................................................................................................................1
Section 5.04Financial Statements, Reports, etc...........................................................................................................................1
Section 5.05Litigation and Other Notices.....................................................................................................................................1
Section 5.06Compliance with Laws...............................................................................................................................................1
Section 5.07Maintaining Records; Access to Properties and Inspections...............................................................................1
Section 5.08Use of Proceeds...........................................................................................................................................................1
Section 5.09Compliance with Environmental Laws.....................................................................................................................1
Section 5.10Further Assurances.......................................................................................................................................................1
Section 5.11Fiscal Year.....................................................................................................................................................................1
Section 5.12Proceeds of Certain Dispositions.............................................................................................................................1
ARTICLE VI
NEGATIVE COVENANTS...................................................................................................................................................1
Section 6.01Indebtedness.................................................................................................................................................................1
Section 6.02Liens...............................................................................................................................................................................1
Section 6.03Sale and Lease-Back Transactions...........................................................................................................................1
Section 6.04Investments, Loans and Advances...........................................................................................................................1
Section 6.05Mergers, Consolidations, Sales of Assets and Acquisitions.................................................................................1
Section 6.06Dividends and Distributions.......................................................................................................................................1
Section 6.07Transactions with Affiliates.........................................................................................................................................1
Section 6.08Business of the Domestic Borrower and the Subsidiaries...................................................................................1
Section 6.09Limitation on Prepayment or Modifications of Senior Subordinated Indebtedness.......................................1
Section 6.10[Reserved].....................................................................................................................................................................1
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Section 6.11Interest Coverage Ratio...............................................................................................................................................1
Section 6.12Leverage Ratio.............................................................................................................................................................1
Section 6.13Swap Agreements.........................................................................................................................................................1
Section 6.14Designated Senior Debt...............................................................................................................................................1
ARTICLE VII
EVENTS OF DEFAULT.......................................................................................................................................................1
Section 7.01Events of Default...........................................................................................................................................................1
Section 7.02Exclusion of Immaterial Subsidiaries.........................................................................................................................1
ARTICLE VIII
THE AGENTS.........................................................................................................................................................................1
Section 8.01Appointment.................................................................................................................................................................1
Section 8.02Nature of Duties...........................................................................................................................................................1
Section 8.03Resignation by the Agents...........................................................................................................................................1
Section 8.04Each Agent in Its Individual Capacity.......................................................................................................................1
Section 8.05Indemnification.............................................................................................................................................................1
Section 8.06Lack of Reliance on Agents.......................................................................................................................................1
Section 8.07European Administrative Agent.................................................................................................................................1
Section 8.08Appointment of Supplemental Collateral Agents...................................................................................................1
ARTICLE IX
MISCELLANEOUS.................................................................................................................................................................1
Section 9.01Notices...........................................................................................................................................................................1
Section 9.02Survival of Agreement.................................................................................................................................................1
Section 9.03Binding Effect.................................................................................................................................................................1
Section 9.04Successors and Assigns...............................................................................................................................................1
Section 9.05Expenses; Indemnity.....................................................................................................................................................1
Section 9.06Right of Set-off.............................................................................................................................................................1
Section 9.07Applicable Law.............................................................................................................................................................1
Section 9.08Waivers; Amendment...................................................................................................................................................1
Section 9.09Interest Rate Limitation...............................................................................................................................................1
Section 9.10Entire Agreement...........................................................................................................................................................1
Section 9.11WAIVER OF JURY TRIAL.....................................................................................................................................1
Section 9.12Severability.....................................................................................................................................................................1
Section 9.13Counterparts.................................................................................................................................................................1
Section 9.14Headings.........................................................................................................................................................................1
Section 9.15Jurisdiction; Consent to Service of Process...........................................................................................................1
Section 9.16Confidentiality...............................................................................................................................................................1
Section 9.17Direct Website Communications...............................................................................................................................1
Section 9.18Release of Liens and Guarantees...............................................................................................................................1
Section 9.19U.S. Patriot Act.............................................................................................................................................................1
Section 9.20Judgment.........................................................................................................................................................................1
Section 9.21Substitution of Currency.............................................................................................................................................1
Section 9.22Termination or Release...............................................................................................................................................1
Section 9.23Pledge and Guarantee Restrictions...........................................................................................................................1
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Section 9.24Matters Pertaining to Foreign Borrowers and Any Additional Foreign Borrower Organized Under the Laws of France or Spain1
Section 9.25Amendment and Restatement; Reaffirmation.........................................................................................................1
Section 9.26No Advisory or Fiduciary Responsibility.................................................................................................................1
Exhibits, Annexes and Schedules
Exhibit AForm of Assignment and Acceptance
Exhibit BForm of Administrative Questionnaire
Exhibit C-1Form of Borrowing Request
Exhibit C-2Form of Swingline Borrowing Request
Exhibit DForm of Mortgage
Exhibit EForm of Domestic Collateral Agreement
Exhibit FReserve Costs for Mandatory Costs Rate
Exhibit GForm of Solvency Certificate of Dresser-Rand Group Inc.
Exhibit HForm of Credit Agreement Supplement
Exhibit IForm of Term Facility Note
Exhibit JForm of Revolving Facility Note
Exhibit KForm of Euro Revolving Facility Note
Schedule 1.01(a)Certain Subsidiaries
Schedule 2.01Commitments
Schedule 2.05 Existing Letters of Credit
Schedule 3.01Organization and Good Standing
Schedule 3.04Governmental Approvals
Schedule 3.07(e)Condemnation Proceedings
Schedule 3.07(g)Subsidiaries
Schedule 3.07(h)Subscriptions
Schedule 3.08(a)Litigation
Schedule 3.08(b)Violations
Schedule 3.12Taxes
Schedule 3.15(g)Environmental Matters
Schedule 3.17(a)Owned Real Property
Schedule 3.17(b)Leased Real Property
Schedule 3.19Labor Matters
Schedule 3.20Insurance
Schedule 6.01Indebtedness
Schedule 6.02(a)Liens
Schedule 6.04Investments
Schedule 6.07Transactions with Affiliates
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AMENDED AND RESTATED CREDIT AGREEMENT dated as of September 30, 2013 (this “Agreement”), is among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), GRUPO GUASCOR, S.L., a sociedad limitada organized under the laws of Spain (the “Spanish Borrower”), any Additional Foreign Borrower (as hereinafter defined) that becomes a Borrower (as hereinafter defined) pursuant to the terms thereof, the LENDERS party hereto from time to time, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, together with any successor administrative agent appointed pursuant to the provisions of Article VIII, the “Administrative Agent”) and as collateral agent (in such capacity, together with any successor collateral agent appointed pursuant to the provisions of Article VIII, the “Collateral Agent”) for the Lenders, J.P. MORGAN EUROPE LIMITED, as European administrative agent (in such capacity, the “European Administrative Agent”) and BANK OF AMERICA, N.A., COMMERZBANK AG, NEW YORK AND GRAND CAYMAN BRANCH, DNB BANK ASA, NEW YORK BRANCH, SOVEREIGN BANK and WELLS FARGO BANK, N.A., each as co-syndication agent (in such capacity, the “Co-Syndication Agents”).
W I T N E S S E T H:
WHEREAS, the Borrowers, the lenders party thereto (the “Existing Lenders”), the Administrative Agent, the Collateral Agent, the European Administrative Agent and the Co-Syndication Agents are parties to that certain Credit Agreement, dated as of March 15, 2011, as amended by that certain First Amendment to Credit Agreement dated as of May 11, 2011, that certain Second Amendment to Credit Agreement dated as of June 21, 2012 and that certain Third Amendment to Credit Agreement dated as of September 27, 2012 (the “Existing Credit Agreement”), pursuant to which the Existing Lenders provide certain loans to and extensions of credit on behalf of the Borrowers; and
WHEREAS, the Borrowers have requested that the Existing Credit Agreement be amended, restated and extended on the terms and conditions set forth herein.
NOW, THEREFORE, the Lenders are willing to amend, restate and extend the Existing Credit Agreement and to extend credit to the Borrowers on the terms and subject to the conditions set forth herein. Accordingly, the parties hereto agree as follows:
Section 1.01 Defined Terms. As used in this Agreement, the following terms shall have the meanings specified below: |
“2021 Senior Subordinated Note Documents” shall mean the 2021 Senior Subordinated Notes and the 2021 Senior Subordinated Note Indenture.
“2021 Senior Subordinated Note Indenture” shall mean the 6.5% Senior Subordinated Notes Indenture Due 2021, dated as of March 22, 2011, under which the 2021 Senior Subordinated Notes were issued, among the Domestic Borrower and Wilmington Trust Company, as trustee, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.
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“2021 Senior Subordinated Notes” shall mean the Domestic Borrower’s 6.5% Senior Subordinated Notes due 2021 issued pursuant to the 2021 Senior Subordinated Note Indenture and any notes issued by the Domestic Borrower in exchange for, and as contemplated by, the 2021 Senior Subordinated Notes and the related registration rights agreement with substantially identical terms as the 2021 Senior Subordinated Notes.
“ABR Borrowing” shall mean a Borrowing comprised of ABR Loans.
“ABR Loan” shall mean any Revolving Facility Loan, Swingline Loan or Term Facility Loan bearing interest at a rate determined by reference to the Alternate Base Rate.
“ABR Borrowing” shall mean a Borrowing comprised of ABR Loans.
“Additional Foreign Borrower” shall mean any direct or indirect wholly-owned Foreign Subsidiary of the Domestic Borrower that shall become a party to this Agreement pursuant to Section 2.23.
“Adjusted LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to the product of (a) the LIBO Rate in effect for such Interest Period and (b) Statutory Reserves applicable to such Eurocurrency Borrowing, if any.
“Administrative Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
“Administrative Agent Fees” shall have the meaning assigned to such term in Section 2.13(c).
“Administrative Questionnaire” shall mean an Administrative Questionnaire in the form of Exhibit B.
“Affiliate” shall mean, when used with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.
“Agent Parties” shall have the meaning assigned to such term in Section 9.17(c).
“Agents” shall mean the Administrative Agent and the Collateral Agent.
“Agreed Security Principles” shall mean any grant of a Lien or provision of a guarantee by any Person that could:
(a)result in any breach of corporate benefit, financial assistance, capital preservation, fraudulent preference, thin capitalization rules, retention of title claims and similar laws or regulations (or analogous restrictions) of the jurisdiction of organization of such Person;
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(b)result in any risk to the officers of such Person of contravention of their fiduciary duties and/or of civil or criminal liability;
(c)result in costs (tax, administrative or otherwise) that are materially disproportionate to the benefit obtained by the beneficiaries of such Lien and/or guarantee;
(d)result in a breach of a material agreement binding on such Person that may not be amended or otherwise modified using commercially reasonable efforts to avoid such breach; or
(e)result in a Lien being granted over assets, the acquisition of which was financed from a subsidy or payments, the terms of which prohibit any assets acquired with such subsidy or payment being used as Collateral.
“Agreement” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
“Alternate Base Rate” shall mean, for any day, a rate per annum equal to the greatest of (a) the Base Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus ½ of 1.0% and (c) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1.0%. Any change in the Alternate Base Rate due to a change in the Base Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Base Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate, respectively.
“Alternate LC Currency” shall mean (a) Brazilian Real, (b) Canadian Dollars, (c) Chinese Yuan, (d) Colombian Pesos, (e) Indian Rupees, (f) Japanese Yen, (g) Mexican Pesos, (h) Norwegian Krone, (i) Swedish Krona and (j) Trinidad and Tobago Dollars.
“Applicable Margin” shall mean for any day with respect to any Eurocurrency Loan and any ABR Loan, the applicable margin per annum set forth below under the caption “Eurocurrency Spread,” and “ABR Spread,” as applicable, based upon the Leverage Ratio as of the last date of the most recent fiscal quarter of the Domestic Borrower.
Leverage Ratio: | ABR Spread | Eurocurrency Spread |
Category 1 | 1.50% | 2.50% |
Category 2 | 1.25% | 2.25% |
Category 3 | 1.00% | 2.00% |
Category 4 | 0.75% | 1.75% |
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For purposes of the foregoing, (1) the Leverage Ratio shall be determined as of the end of each fiscal quarter of the Domestic Borrower’s fiscal year based upon the consolidated financial information of the Domestic Borrower and its Subsidiaries delivered pursuant to Section 5.04(a) or (b) and (2) each change in the Applicable Margin resulting from a change in the Leverage Ratio shall be effective on the first Business Day after the date of delivery to the Administrative Agent of such consolidated financial information indicating such change and ending on the date immediately preceding the effective date of the next such change; provided that the Leverage Ratio shall be deemed to be in Category 1 at the option of the Administrative Agent or the Required Lenders, at any time during which the Domestic Borrower fails to deliver the consolidated financial information when required to be delivered pursuant to Section 5.04(a) or (b), during the period from the expiration of the time for delivery thereof until such consolidated financial information is delivered.
“Approved Fund” shall have the meaning assigned to such term in Section 9.04(b).
“Asset Acquisition” shall mean any Permitted Business Acquisition, the aggregate consideration for which exceeds $5.0 million.
“Asset Disposition” shall mean any sale, transfer or other disposition by the Domestic Borrower or any Subsidiary to any Person other than the Domestic Borrower or any Subsidiary to the extent otherwise permitted hereunder of any asset or group of related assets (other than inventory or other assets sold, transferred or otherwise disposed of in the ordinary course of business) in one or a series of related transactions, the Net Proceeds from which exceed $5.0 million.
“Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender and an assignee, and accepted by the Administrative Agent and the Borrowers (if required by such assignment and acceptance), in the form of Exhibit A or such other form as shall be approved by the Administrative Agent.
“Base Rate” shall mean the rate of interest per annum publicly announced from time to time by the Administrative Agent as its prime rate in effect at its principal office in New York, New York; each change in the Base Rate shall be effective from and including the date such change is publicly announced as being effective. Such rate is set by the Administrative Agent as a general reference rate of interest, taking into account such factors as the Administrative Agent may deem appropriate; it being understood that many of the Administrative Agent’s commercial or other loans are priced in relation to such rate, that it is not necessarily the lowest or best rate actually charged to any customer and that the Administrative Agent may make various commercial or other loans at rates of interest having no relationship to such rate.
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“Board” shall mean the Board of Governors of the Federal Reserve System of the United States of America.
“Borrowers” shall mean, collectively, the Domestic Borrower and the Foreign Borrowers.
“Borrowing” shall mean a group of Loans of a single Type under a single Facility and made on a single date and, in the case of Eurocurrency Loans, as to which a single Interest Period is in effect.
“Borrowing Minimum” shall mean (a) in the case of an ABR Borrowing, $1.0 million (or the Equivalent determined on the date of delivery of the applicable Borrowing Request or notice of repayment in the applicable Foreign Currency of $1.0 million), (b) in the case of a Eurocurrency Borrowing, $5.0 million (or the Equivalent determined on the date of delivery of the applicable Borrowing Request or notice of repayment in the applicable Foreign Currency of $5.0 million), and (c) and (d) in the case of a Swingline Borrowing, $500,000 (or the Equivalent determined on the date of delivery of the applicable Swingline Borrowing Request in the applicable Foreign Currency of $500,000).
“Borrowing Multiple” shall mean (a) in the case of a Borrowing other than a Swingline Borrowing, $1.0 million (or the Equivalent determined on the date of delivery of the applicable Borrowing Request or notice of repayment in the applicable Foreign Currency of $1.0 million) and (b) in the case of a Swingline Borrowing, $500,000 (or the Equivalent determined on the date of delivery of the applicable Swingline Borrowing Request or notice of repayment in the applicable Foreign Currency of $500,000).
“Borrowing Request” shall mean a request by a Borrower in accordance with the terms of Section 2.03 and substantially in the form of Exhibit C-1.
“Business” shall mean the business of, among other things, the design, manufacture, sale, maintenance and repair of gas and steam compression equipment (including centrifugal and reciprocating compressors and steam and gas turbines), all as conducted by the Borrowers and their Subsidiaries on the Closing Date.
“Business Day” shall mean any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to remain closed; provided that when used in connection with a Eurocurrency Loan, the term “Business Day” shall also exclude any day on which banks are not open for dealings in deposits in the applicable currency in the London interbank market and in case of a Loan denominated in Euros, the term Business Day shall also exclude any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System is not open.
“Calculation Period” shall mean, as of any date of determination, the period of four consecutive fiscal quarters ending on such date or, if such date is not the last day of a fiscal quarter, ending on the last day of the fiscal quarter of the Domestic Borrower most recently ended prior to such date.
“Capital Expenditures” shall mean, for any Person in respect of any period, the aggregate of all expenditures incurred by such Person during such period that, in accordance with GAAP,
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are or should be included in “additions to property, plant or equipment” or similar items reflected in the statement of cash flows of such Person.
“Capital Lease Obligations” of any Person shall mean the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP and, for purposes hereof, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP.
“Cash Interest Expense” shall mean, with respect to the Domestic Borrower and its Subsidiaries on a consolidated basis for any period, Interest Expense for such period, less the sum of (a) pay-in-kind Interest Expense or other non-cash Interest Expense (including as a result of the effects of purchase accounting), (b) to the extent included in Interest Expense, the amortization of any financing fees paid by, or on behalf of, the Domestic Borrower or any Subsidiary, including such fees paid in connection with the Transactions, (c) the amortization of debt discounts, if any, or fees in respect of Swap Agreements and (d) cash interest income of the Domestic Borrower and its Subsidiaries for such period; provided that Cash Interest Expense shall exclude any one-time financing fees paid in connection with the Transactions or any amendment of this Agreement or upon entering into a Permitted Receivables Financing.
A “Change in Control” shall be deemed to occur if (a) at any time, a “Change in Control” shall occur under the 2021 Senior Subordinated Note Indenture or under any Permitted Senior Debt Securities or Permitted Subordinated Debt Securities or (b) at any time, any Person or group (within the meaning of Rule 13d-5 of the Exchange Act as in effect on the Closing Date), shall acquire ownership, of record or beneficially (within the meaning of Rule 13d-5 of the Exchange Act as in effect on the Closing Date), directly or indirectly, in the aggregate Equity Interests representing 35% or more of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests of the Domestic Borrower.
“Change in Law” shall mean (a) the adoption of any law, rule or regulation after the Closing Date, (b) any change in law, rule or regulation or in the interpretation, implementation, or application thereof by any Governmental Authority after the Closing Date or (c) compliance by any Lender or Issuing Bank (or, for purposes of Section 2.16(b), by any lending office of such Lender or by such Lender’s or Issuing Bank’s holding company, if any) with any written request, guideline or directive (whether or not having the force of law but if not having the force of law, then being one with which the relevant party would customarily comply) of any Governmental Authority made or issued after the Closing Date; provided that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives concerning capital adequacy promulgated by the Bank for International Settlements, the Basel Committee on Banking Regulations and Supervisory Practices (or any successor similar authority) or the United States financial regulatory authorities, in each case pursuant to Basel III shall be deemed to be a “Change in “Law”, regardless of the date enacted, adopted, implemented, or issued.
“Charges” shall have the meaning assigned to such term in Section 9.09.
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“Closing” shall mean the effectiveness of this Agreement.
“Closing Date” shall mean September 30, 2013.
“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time.
“Collateral” shall mean all the “Collateral” as defined in any Security Document and shall also include the Mortgaged Properties.
“Collateral Agent” shall have the meaning given such term in the introductory paragraph of this Agreement.
“Collateral Agreements” shall mean the Domestic Collateral Agreement and the Foreign Collateral Agreements (if any).
“Collateral and Guarantee Requirement” shall mean the requirement that:
(a)on the Closing Date, the Collateral Agent shall have received from the Domestic Borrower and each Domestic Subsidiary Loan Party a counterpart of the Domestic Collateral Agreement duly executed and delivered on behalf of such Person, and executed in blank stock transfer forms;
(b)[Reserved];
(c)on the Closing Date, the Collateral Agent shall have received or shall otherwise have received a pledge over all the issued and outstanding Equity Interests of (i) each Subsidiary Loan Party directly owned on the Closing Date by any Loan Party and (ii) any other Material Subsidiary directly owned on the Closing Date by any Loan Party, except, in each case, to the extent that a pledge of such Equity Interests is not permitted under Section 9.23; and the Collateral Agent shall have received all certificates or other instruments (if any) representing such Equity Interests, together with stock powers or other instruments of transfer with respect thereto endorsed in blank;
(d)in the case of any Person that becomes a Subsidiary Loan Party after the Closing Date, the Collateral Agent shall have received (i) in the case of a Domestic Subsidiary Loan Party, a supplement to the Domestic Collateral Agreement, in the form specified therein, duly executed and delivered on behalf of such Domestic Subsidiary Loan Party and (ii) in the case of any other Foreign Subsidiary Loan Party, a Foreign Guarantee and a Foreign Collateral Agreement, duly executed and delivered on behalf of such Foreign Subsidiary Loan Party; provided, in each case, that any Foreign Subsidiary Loan Party shall only guarantee or support Obligations or pledge assets to the extent permitted under Section 9.23; provided further, in each case, that if any Subsidiary Loan Party owns Equity Interests of a Material Subsidiary which is a Foreign Subsidiary, such Equity Interests may be pledged in lieu of the foregoing pursuant to a foreign pledge agreement, duly executed and delivered on behalf of such Subsidiary Loan Party;
(e)after the Closing Date and within the time period set forth in Section 5.10(c), all the outstanding Equity Interests directly owned by a Loan Party of any Person
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that becomes (i) a Subsidiary Loan Party or (ii) a Material Subsidiary after the Closing Date, shall have been pledged pursuant to the applicable Collateral Agreement, as applicable to the extent permitted under Section 9.23, and the Collateral Agent shall have received all certificates or other instruments (if any) representing such Equity Interests, together with stock powers or other instruments of transfer with respect thereto endorsed in blank or shall have otherwise received a pledge over such Equity Interests;
(f)[Reserved];
(g)all documents and instruments, including UCC financing statements, required by law or reasonably requested by the Collateral Agent to be filed, registered or recorded to create the Liens intended to be created by the Security Documents (in each case, including any supplements thereto) and perfect such Liens to the extent required by, and with the priority required by, the Security Documents, shall have been filed, registered or recorded or delivered to the Collateral Agent for filing, registration or the recording concurrently with, or promptly following, the execution and delivery of each such Security Document;
(h)each Loan Party shall have obtained all consents and approvals required to be obtained by it in connection with the execution and delivery of all Security Documents (or supplements thereto) to which it is a party and the granting by it of the Liens thereunder and the performance of its obligations thereunder;
(i)on the Closing Date, the Collateral Agent shall have received from the applicable Loan Parties amendments to the Mortgages delivered under the Existing Credit Agreement, each of which shall be in form and substance reasonably satisfactory to Collateral Agent;
(j)the Collateral Agent shall receive from the applicable Loan Parties documents and instruments relating to Material Real Property located outside the United States that constitutes Collateral that are customarily provided under the applicable law of the jurisdiction in which such Material Real Property is located to create a valid and perfected Lien on such Material Real Property under the applicable law of the jurisdiction in which such Material Real Property is located; provided that such Material Real Property shall only be pledged to the extent permitted under Section 9.23, and provided further that the Administrative Agent may, in its good faith discretion, consent to a waiver of the pledge of such Material Real Property. With respect to Material Real Property located outside the United States that constitutes Collateral, such documents and instruments shall be provided within 90 days after the Closing Date and with respect to each after-acquired Material Real Property located outside the United States that constitutes Collateral, such documents and instruments shall be provided within 90 days after the acquisition of such Material Real Property.
(k)With respect to each of the items identified in this definition of “Collateral and Guarantee Requirement” that are required to be delivered on a date after the Closing Date, the Administrative Agent, in each case, may extend such date in its sole discretion.
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(l)Notwithstanding the foregoing, the Collateral and Guarantee Requirements do not apply to the Spanish Borrower or any of its Subsidiaries or any direct or indirect parent company of the Spanish Borrower organized under the laws of Spain.
“Commitment Fee” shall have the meaning assigned to such term in Section 2.13(a).
“Commitments” shall mean (a) with respect to any Lender, such Lender’s Revolving Facility Commitment and Euro Revolving Facility Commitment and (b) with respect to any Swingline Lender, its Swingline Commitment. Within each Facility, all Commitments and loans shall be held ratably; provided, that any lender may elect to have any portion of its Commitments or Loans attributable to any Foreign Borrower held through an Affiliate.
“Communications” shall have the meaning assigned to such term in Section 9.17.
“Consolidated Debt” at any date shall mean (without duplication) all Indebtedness consisting of Capital Lease Obligations, Indebtedness for borrowed money (other than letters of credit to the extent undrawn) and Indebtedness in respect of the deferred purchase price of property or services of the Domestic Borrower and its Subsidiaries determined on a consolidated basis on such date plus any Receivables Net Investment.
“Consolidated Net Income” shall mean, with respect to any Person for any period, the aggregate of the Net Income of such Person and its subsidiaries for such period, on a consolidated basis; provided, however, that
(a)any net after-tax extraordinary, unusual or nonrecurring gains or losses (less all fees and expenses related thereto) or income or expenses or charges (including, without limitation any severance, relocation and other restructuring expenses and fees, expenses or charges related to any offering of Equity Interests of such Person, any Investment, acquisition or Indebtedness permitted to be incurred hereunder (in each case, whether or not successful), including all fees, expenses and charges related to the Transactions), in each case, shall be excluded; provided, that with respect to each nonrecurring item, the Domestic Borrower shall have delivered to the Administrative Agent an officers’ certificate specifying and quantifying such item and stating that such item is a nonrecurring item,
(b)any net after-tax income or loss from discontinued operations and any net after-tax gain or loss on disposal of discontinued operations shall be excluded,
(c)any net after-tax gain or loss (less all fees and expenses or charges relating thereto) attributable to business dispositions or asset dispositions other than in the ordinary course of business (as determined in good faith by the Board of Directors of the Domestic Borrower) shall be excluded,
(d)any net after-tax income or loss (less all fees and expenses or charges relating thereto) attributable to the early extinguishment of indebtedness (including obligations under Swap Agreements) shall be excluded,
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(e)(i) the Net Income for such period of any Person that is not a subsidiary of such Person, or that is accounted for by the equity method of accounting, shall be included only to the extent of the amount of dividends or distributions or other payments paid in cash (or to the extent converted into cash) to the referent Person or a subsidiary thereof in respect of such period and (ii) the Net Income for such period shall include any dividend, distribution or other payment in respect of equity paid in cash by such Person in excess of the amounts included in clause (i),
(f)the Net Income for such period of any subsidiary (that is not a Loan Party) of such Person shall be excluded to the extent that the declaration or payment of dividends or similar distributions by such subsidiary of its Net Income is not at the date of determination permitted without any prior governmental approval (which has not been obtained) or, directly or indirectly, by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule, or governmental regulation applicable to that subsidiary or its stockholders or members, unless such restriction with respect to the payment of dividends or in similar distributions has been legally waived (provided that the net loss of any such subsidiary shall be included to the extent funds are disbursed by such Person or any other subsidiary of such Person in respect of such loss and that Consolidated Net Income of such Person shall be increased by the amount of dividends or distributions or other payments that are actually paid in cash (or to the extent converted into cash) by such subsidiary to the Domestic Borrower or another Subsidiary in respect of such period to the extent not already included therein),
(g)Consolidated Net Income for such period shall not include the cumulative effect of a change in accounting principles during such period,
(h)any non-cash charges from the application of the purchase method of accounting in connection with any future acquisition, to the extent such charges are deducted in computing such Consolidated Net Income shall be excluded,
(i)accruals and reserves that are established within twelve months after the Closing Date and that are so required to be established in accordance with GAAP shall be excluded,
(j)any non-cash impairment charges resulting from the application of Statements of Financial Accounting Standards No. 142 and No. 144 and the amortization of intangibles pursuant to Statement of Financial Accounting Standards No. 141 shall be excluded, and
(k)any long-term incentive plan accruals and any non-cash compensation expense realized from grants of stock appreciation or similar rights, stock options or other rights to officers, directors and employees of such Person or any of its subsidiaries shall be excluded.
“Consolidated Total Assets” shall mean, as of any date, the total assets of the Domestic Borrower and the consolidated Subsidiaries, determined in accordance with GAAP, in each case as set forth on the consolidated balance sheet of the Domestic Borrower as of such date.
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“Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise, and “Controlling” and “Controlled” shall have meanings correlative thereto.
“Co-Syndication Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
“Credit Agreement Supplement” has the meaning specified in Section 2.23.
“Default” shall mean any event or condition that upon notice, lapse of time or both would constitute an Event of Default.
“Defaulting Lender” shall mean any Lender with respect to which a Lender Default is in effect.
“Dollars” or “$” shall mean lawful money of the United States of America.
“Domestic Borrower” shall have the meaning assigned to such term in the introductory paragraph to this Agreement.
“Domestic Collateral Agreement” shall mean the Amended and Restated Guarantee and Collateral Agreement, dated as of the date hereof, substantially in the form of Exhibit E as amended, supplemented or otherwise modified from time to time, among the Domestic Borrower, each Domestic Subsidiary Loan Party and the Collateral Agent.
“Domestic Loan Parties” shall mean the Domestic Borrower and each Domestic Subsidiary Loan Party.
“Domestic Subsidiary” shall mean each Subsidiary that is not a Foreign Subsidiary.
“Domestic Subsidiary Loan Party” shall mean each Wholly Owned Subsidiary of the Domestic Borrower that (a) is (i) a Domestic Subsidiary and (ii) a Material Subsidiary, and (b) is not (i) a Special Purpose Receivables Subsidiary, (ii) listed on Schedule 1.01(a), or (iii) a Subsidiary whose guarantee of the Obligations is prohibited under Section 9.23.
“EBITDA” shall mean, with respect to the Domestic Borrower and its Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Domestic Borrower and its Subsidiaries for such period plus (a) the sum of (in each case without duplication and to the extent the respective amounts described in subclauses (i) through (viii) of this clause (a) reduced such Consolidated Net Income for the respective period for which EBITDA is being determined):
(i)provision for Taxes based on income, profits or capital of the Domestic Borrower and its Subsidiaries for such period to the extent that such provision for taxes was deducted in calculating Consolidated Net Income,
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(ii)Interest Expense of the Domestic Borrower and its Subsidiaries for such period (net of interest income of the Domestic Borrower and its Subsidiaries for such period),
(iii)depreciation, amortization (including amortization of intangibles, deferred financing fees and any amortization expense included in pension, OPEB or other employee benefit expenses) and other non-cash expenses (including, without limitation write-downs and impairment of property, plant, equipment and intangibles and other long-lived assets and the impact of purchase accounting on the Domestic Borrower and its Subsidiaries for such period),
(iv)the amount of any restructuring charges (which, for the avoidance of doubt, shall include retention, severance, systems establishment cost or excess pension, other post-employment benefits, curtailment or other excess charges); provided that with respect to each such restructuring charge, the Domestic Borrower shall have delivered to the Administrative Agent an officers’ certificate specifying and quantifying such expense or charge and stating that such expense or charge is a restructuring charge,
(v)equity earnings losses in Affiliates unless funds have been disbursed to such Affiliates by the Domestic Borrower or any Subsidiary of the Domestic Borrower,
(vi)other non-operating expenses,
(vii)the minority interest expense consisting of subsidiary income attributable to minority equity interests of third parties in any non-Wholly Owned Subsidiary in such period or any prior period, except to the extent of dividends declared or paid on Equity Interests held by third parties, and
(viii)accretion of asset retirement obligations in accordance with SFAS No. 143, Accounting for Asset Retirement Obligations, and any similar accounting in prior periods;
minus (b) the sum of (in each case without duplication and to the extent the respective amounts described in subclause (i) of this clause (b) increased such Consolidated Net Income for the respective period for which EBITDA is being determined):
(i)non-cash items increasing Consolidated Net Income of the Domestic Borrower and its Subsidiaries for such period (but excluding any such items which represent the reversal in such period of any accrual of, or cash reserve for, anticipated cash charges in any prior period where such accrual or reserve is no longer required).
“EMU” shall mean the Economic and Monetary Union as contemplated by the Treaty on European Union.
“Environment” shall mean ambient and indoor air, surface water and groundwater (including potable water, navigable water and wetlands), the land surface or subsurface strata or sediment, natural resources such as flora and fauna, the workplace or as otherwise defined in any Environmental Law.
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“Environmental Claim” shall mean any and all actions, suits, demands, demand letters, claims, liens, notices of non-compliance or violation, notices of liability or potential liability, investigations, proceedings, consent orders or consent agreements relating in any way to any Environmental Law or any Hazardous Material.
“Environmental Law” shall mean, collectively, all federal, state, local or foreign laws, including common law, ordinances, regulations, rules, codes, orders, judgments or other requirements or rules of law that relate to (a) the prevention, abatement or elimination of pollution, or the protection of the Environment, natural resources or human health, or natural resource damages, and (b) the use, generation, handling, treatment, storage, disposal, Release, transportation or regulation of or exposure to Hazardous Materials, including the Comprehensive Environmental Response Compensation and Liability Act, 42 U.S.C. §§ 9601 et seq., the Endangered Species Act, 16 U.S.C. §§ 1531 et seq., the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act, 42 U.S.C. §§ 6901 et seq., the Clean Air Act, 42 U.S.C. §§ 7401 et seq., the Clean Water Act, 33 U.S.C. §§ 1251 et seq., the Toxic Substances Control Act, 15 U.S.C. §§ 2601 et seq., the Emergency Planning and Community Right to Know Act, 42 U.S.C. §§ 11001 et seq., each as amended, and their foreign, state or local counterparts or equivalents.
“Equity Interests” of any Person shall mean any and all shares, interests, rights to purchase, warrants, options, participation or other equivalents of or interests in (however designated) equity of such Person, including any preferred stock, any limited or general partnership interest and any limited liability company membership interest.
“Equivalent” in Dollars of any Foreign Currency or Alternate LC Currency on any date shall mean the equivalent in Dollars of such Foreign Currency or Alternate LC Currency determined by using the quoted spot rate at which the European Administrative Agent’s principal office in London offers to exchange Dollars for such Foreign Currency or Alternate LC Currency in London prior to 4:00 p.m. (London time) (unless otherwise indicated by the terms of this Agreement) on such date as is required pursuant to the terms of this Agreement, and the “Equivalent” in any Foreign Currency of Dollars shall mean the equivalent in such Foreign Currency of Dollars determined by using the quoted spot rate at which the European Administrative Agent’s principal office in London offers to exchange such Foreign Currency for Dollars in London prior to 4:00 p.m. (London time) (unless otherwise indicated by the terms of this Agreement) on such date as is required pursuant to the terms of this Agreement.
“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as the same may be amended from time to time.
“ERISA Affiliate” shall mean any trade or business (whether or not incorporated) that, together with any Borrower or any Subsidiary, is treated as a single employer under Section 414 of the Code.
“ERISA Event” shall mean (a) any Reportable Event; (b) the failure of any Plan to satisfy the minimum funding standard applicable to that Plan for a plan year under Section 430 of the Code or Section 301 of ERISA; (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding standard with respect to
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any Plan, the failure to make by its due date a required installment under Section 412(m) of the Code with respect to any Plan or the failure to make any required contribution to a Multiemployer Plan; (d) the incurrence by any Borrower, Subsidiary or ERISA Affiliate of any liability under Title IV of ERISA; (e) the receipt by any Borrower, Subsidiary or ERISA Affiliate from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan or to appoint a trustee to administer any Plan under Section 4042 of ERISA, or the occurrence of any event or condition which could be reasonably be expected to constitute grounds under ERISA for the termination of, or the appointment of a trustee to administer, any Plan; (f) the incurrence by any Borrower, Subsidiary or ERISA Affiliate of any liability with respect to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan; (g) the receipt by any Borrower, Subsidiary or ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from any Borrower, Subsidiary or ERISA Affiliate of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the meaning of Title IV of ERISA; (h) the occurrence of a nonexempt prohibited transaction (within the meaning of Section 4975 of the Code or Section 406 of ERISA) which could reasonably be expected to result in liability to any Borrower, Subsidiary or ERISA Affiliate; (i) the incurrence by any Borrower, Subsidiary or ERISA Affiliate of a tax under Section 4980B of the Code; or (j) the incurrence by any Borrower, Subsidiary or ERISA Affiliate of any liability under Section 502 of ERISA.
“EURIBO Rate” shall mean, in relation to any Loan in Euro:
(a)the applicable Screen Rate; or
(b)(if no Screen Rate is available for the Interest Period of that Loan) the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Administrative Agent by leading banks in the European interbank market,
as of 11:00 am London time on the Quotation Day for the offering of deposits in Euro for a period comparable to the Interest Period of the relevant Loan.
“Euro Administrative Agent Fees” shall have the meaning assigned to such term in Section 2.13(e).
“Euro Revolving Facility” shall mean the Euro Revolving Facility Commitments and the extensions of credit made hereunder by the Euro Revolving Facility Lenders.
“Euro Revolving Facility Availability Period” shall mean the period from the Closing Date to but excluding the earlier of the Maturity Date and in the case of each of the Euro Revolving Facility Loans and Euro Revolving Facility Borrowings, the date of termination of the Euro Revolving Facility Commitments.
“Euro Revolving Facility Available Unused Commitment” shall mean, with respect to a Euro Revolving Facility Lender, at any time of determination, an amount equal to the amount by which (a) the Euro Revolving Facility Commitment of such Euro Revolving Facility Lender at such time exceeds (b) the Euro Revolving Facility Credit Exposure of such Euro Revolving Facility Lender at such time.
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“Euro Revolving Facility Borrowing” shall mean a Borrowing comprised of Euro Revolving Facility Loans.
“Euro Revolving Facility Commitment” shall mean, with respect to each Euro Revolving Facility Lender, the commitment of such Euro Revolving Facility Lender to make Euro Revolving Facility Loans pursuant to Section 2.01(d) or a New Lender Supplement, expressed as a Euro amount representing the maximum aggregate permitted amount of such Euro Revolving Facility Lender’s Euro Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04. The initial Euro amount of each Euro Revolving Facility Lender’s Euro Revolving Facility Commitment is set forth on Schedule 2.01 (as amended by any New Lender Supplement), or in the Assignment and Acceptance pursuant to which such Euro Revolving Facility Lender shall have assumed its Euro Revolving Facility Commitment, as applicable. The aggregate amount of the Euro Revolving Facility Commitments on the Closing Date is €50.0 million.
“Euro Revolving Facility Credit Exposure” shall mean, at any time, the sum of the aggregate principal amount of the Euro Revolving Facility Loans outstanding at such time. The Euro Revolving Facility Credit Exposure of any Euro Revolving Facility Lender at any time shall be the sum of the aggregate principal amount of such Euro Revolving Facility Lender’s Euro Revolving Facility Loans outstanding at such time.
“Euro Revolving Facility Lender” shall mean a Lender with a Euro Revolving Facility Commitment or with outstanding Euro Revolving Facility Loans.
“Euro Revolving Facility Loan” shall mean a Loan made by a Euro Revolving Facility Lender pursuant to Section 2.01(d). Each Euro Revolving Facility Loan shall be a Eurocurrency Loan.
“Eurocurrency Borrowing” shall mean a Borrowing comprised of Eurocurrency Loans.
“Eurocurrency Loan” shall mean any Loan denominated in Dollars or a Foreign Currency bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.
“European Administrative Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
“Euros” shall mean the single currency unit of the member states of the European Community that adopt or have adopted that currency unit as its lawful currency in accordance with legislation of the European Community relating to Economic and Monetary Union.
“Event of Default” shall have the meaning assigned to such term in Section 7.01.
“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.
“Excluded Taxes” shall mean, with respect to any Agent, any Lender, any Issuing Bank or any other recipient of any payment to be made by or on account of any obligation of any Loan
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Party hereunder, (a) income or franchise taxes imposed on (or measured by) its net income or net profits by the United States of America or by the jurisdiction under the laws of which such recipient is organized or in which its principal office (or other fixed place of business) is located or, in the case of any Lender, in which its applicable lending office is located, (b) any branch profits tax or any similar tax that is imposed by any jurisdiction described in clause (a) above, (c) other than in the case of an assignee pursuant to a request by such Loan Party under Section 2.20(b), any withholding tax imposed by the United States or by the jurisdiction under the laws of which such Loan Party is organized or in which its principal office (or other fixed place of business) is located that is in effect and would apply to amounts payable hereunder to such Lender or other recipient at the time such Lender or other recipient becomes a party to any Loan Document (or designates a new lending office), except to the extent that such Lender or other recipient (or its assignor, if any) was entitled, at the time of designation of a new lending office (or assignment), to receive additional amounts from a Loan Party with respect to such withholding tax pursuant to Section 2.18(a) or Section 2.18(c), (d) any withholding taxes attributable to such Lender’s or such other recipient’s failure (other than as a result of a Change in Law) to comply with Section 2.18(e) and (e) any United States withholding tax that is imposed by FATCA; provided, however, that the term “Excluded Taxes” shall not include any taxes that are imposed or otherwise due as a result of any action undertaken by one or more of such Agent, Lender or Issuing Bank to collect funds due hereunder or under any other Loan Document or enforce or exercise its rights or pursue any remedy provided hereunder or under any other Loan Document.
“Existing Credit Agreement” shall have the meaning assigned to such term in the recitals.
“Existing Lenders” shall have the meaning assigned to such term in the recitals.
“Facility” shall mean the respective facility and commitments utilized in making Loans and credit extensions hereunder, it being understood that as of the Closing Date there are three Facilities: (1) the Revolving Facility, (2) the Euro Revolving Facility and (3) the Term Facility.
“FATCA” shall mean Sections 1471 through 1474 of the Code (and any successor sections thereto) and any regulations or official interpretations thereof.
“Federal Funds Effective Rate” shall mean, for any day, the weighted average (rounded upward, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day which is a Business Day, the average (rounded upward, if necessary, to the next 1/100 of 1%) of the quotations for the day of such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it.
“Fee Letter” shall mean that certain Fee Letter dated as of the date hereof by and among the Domestic Borrower, the Administrative Agent and the Lead Arranger.
“Fees” shall mean the Commitment Fees, the L/C Participation Fees, the Issuing Bank Fees, the Administrative Agent Fees and the Euro Administrative Agent Fees.
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"Financial L/C" shall mean a financial or documentary Letter of Credit.
“Financial Officer” of any Person shall mean the Chief Financial Officer, principal accounting officer, Treasurer, Assistant Treasurer or Controller of such Person.
“Foreign Borrower” shall mean, collectively, the Spanish Borrower and each Additional Foreign Borrower.
“Foreign Collateral Agreement” shall mean with respect to any Person, such collateral agreements and other agreements necessary under applicable foreign law to grant to the Collateral Agent a security interest in such assets of such Person of the type identified in the Domestic Collateral Agreement; provided that no security interest shall be granted on all or any portion of such assets if the Domestic Borrower demonstrates to the Collateral Agent and the Collateral Agent determines (in its reasonable discretion) that the cost of granting such security interest exceeds the value of the security offered thereby.
“Foreign Currency” shall mean Euros and Sterling.
“Foreign Financed Development Project” shall mean development projects undertaken after the Closing Date by Foreign Subsidiaries or joint ventures of Foreign Subsidiaries and financed by one or more development banks, export credit agencies or their Affiliates.
“Foreign Guarantee” shall mean, collectively, one or more guarantee agreements, as amended, supplemented or otherwise modified from time to time, each in a form reasonably satisfactory to the Collateral Agent, among the applicable Foreign Subsidiary Loan Party and the Collateral Agent.
“Foreign Lender” shall mean any Lender that is organized under the laws of a jurisdiction other than the United States of America. For purposes of this definition, the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction.
“Foreign Loan Parties” shall mean each Foreign Borrower and each Foreign Subsidiary Loan Party.
“Foreign Plan” shall mean any pension scheme or foreign employee benefit plan or program with respect to which any Borrower, Subsidiary or ERISA Affiliate (i) is making or has an obligation to make contributions or (ii) has or could incur liability.
“Foreign Subsidiary” shall mean any Subsidiary that is incorporated or organized under the laws of any jurisdiction other than the United States of America, any State thereof or the District of Columbia and any Subsidiary of a Foreign Subsidiary.
“Foreign Subsidiary Loan Party” shall mean, collectively, with respect to each Additional Foreign Borrower, each Wholly Owned Subsidiary of such Additional Foreign Borrower that (a) is (i) a Foreign Subsidiary, (ii) a Material Subsidiary and (iii) organized under the same jurisdiction as such Additional Foreign Borrower and (b) is not (i) a Special Purpose Receivables
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Subsidiary, (ii) listed on Schedule 1.01(a), or (iii) a Subsidiary whose guarantee of the Obligations of such Additional Foreign Borrower is prohibited under Section 9.23..
“GAAP” shall mean generally accepted accounting principles in effect from time to time in the United States, applied on a consistent basis, subject to the provisions of Section 1.02.
“Governmental Authority” shall mean any federal, state, local or foreign court or governmental agency, authority, instrumentality or regulatory or legislative body, including, without limitation, any agency of the European Union or similar monetary or multinational authority.
“Guarantee” of or by any Person (the “guarantor”) shall mean (a) any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness (whether arising by virtue of partnership arrangements, by agreement to keep well, to purchase assets, goods, securities or services, to take or pay or otherwise) or to purchase (or to advance or supply funds for the purchase of) any security for the payment of such Indebtedness, (ii) to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness of the payment thereof, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness, (iv) entered into for the purpose of assuring in any other manner the holders of such Indebtedness of the payment thereof or to protect such holders against loss in respect thereof (in whole or in part) or (v) as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness, or (b) any Lien on any assets of the guarantor securing any Indebtedness (or any existing right, contingent or otherwise, of the holder of Indebtedness to be secured by such a Lien) of any other Person, whether or not such Indebtedness is assumed by the guarantor; provided, however, that the term “Guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business, or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in connection with any acquisition or disposition of assets permitted under this Agreement.
“Hazardous Materials” shall mean all pollutants, contaminants, wastes, chemicals, materials, substances and constituents, including, without limitation, explosive or radioactive substances or petroleum or petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls or radon gas, of any nature, in each case subject to regulation or which can give rise to liability under any Environmental Law.
“Improvements” shall have the meaning assigned to such term in the Mortgages.
“Indebtedness” of any Person shall mean, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person under conditional sale or other title retention agreements relating to property or assets purchased by such Person, (d) all obligations of such Person issued or assumed as the deferred purchase price of property or
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services (other than trade liabilities and intercompany liabilities incurred in the ordinary course of business and maturing within 365 days after the incurrence thereof), (e) all Guarantees by such Person of Indebtedness of others, (f) all Capital Lease Obligations of such Person, (g) all payments that such Person would have to make in the event of an early termination, on the date Indebtedness of such Person is being determined in respect of outstanding Swap Agreements (such payments in respect of any Swap Agreement with a counterparty being calculated net of amounts owing to such Person by such counterparty in respect of other Swap Agreements), (h) the principal component of all obligations, contingent or otherwise, of such Person as an account party in respect of letters of credit (other than any letters of credit, bank guarantees or similar instrument in respect of which a back-to-back letter of credit has been issued under or permitted by this Credit Agreement) and (i) the principal component of all obligations of such Person in respect of bankers’ acceptances. The Indebtedness of any Person shall include the Indebtedness of any partnership in which such Person is a general partner, other than to the extent that the instrument or agreement evidencing such Indebtedness expressly limits the liability of such Person in respect thereof. To the extent not otherwise included, Indebtedness shall include the amount of any Permitted Receivables Financing.
“Indemnified Taxes” shall mean all Taxes other than Excluded Taxes.
“Indemnitee” shall have the meaning assigned to such term in Section 9.05(b).
“Interest Coverage Ratio” shall mean the ratio of (a) EBITDA to (b) Cash Interest Expense for the period of four consecutive fiscal quarters of the Domestic Borrower most recently ended as of such date, all determined on a consolidated basis in accordance with GAAP; provided that to the extent any Asset Disposition or any Asset Acquisition (or any similar transaction or transactions for which a waiver or a consent of the Required Lenders pursuant to Section 6.05 has been obtained) or incurrence or repayment of Indebtedness (excluding normal fluctuations in revolving Indebtedness incurred for working capital purposes) has occurred during the relevant Test Period, the Interest Coverage Ratio shall be determined for the respective Test Period on a pro forma Basis for such occurrences.
“Interest Expense” shall mean, with respect to any Person for any period, the sum of (a) gross interest expense of such Person for such period on a consolidated basis, including (i) the amortization of debt discounts, (ii) the amortization of all fees (including fees with respect to Swap Agreements) payable in connection with the incurrence of Indebtedness to the extent included in interest expense, (iii) the portion of any payments or accruals with respect to Capital Lease Obligations allocable to interest expense and (iv) commissions, discounts, yield and other fees and charges incurred in connection with any Permitted Receivables Financing which are payable to any Person other than the Borrowers or a Subsidiary Loan Party, and (b) capitalized interest of such Person. For purposes of the foregoing, gross interest expense shall be determined after giving effect to any net payments made or received and costs incurred by the Domestic Borrower and its Subsidiaries with respect to Swap Agreements.
“Interest Payment Date” shall mean (a) with respect to any Eurocurrency Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurocurrency Borrowing with an Interest Period of more than three months’ duration, each day that would have been an Interest Payment Date had successive Interest Periods of three
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months’ duration been applicable to such Borrowing and, in addition, the date of any refinancing or conversion of such Borrowing with or to a Borrowing of a different Type, (b) with respect to any ABR Loan, the last day of each calendar quarter and (c) with respect to any Swingline Loan, the day that such Swingline Loan is required to be repaid pursuant to Section 2.11.
“Interest Period” shall mean, as to any Eurocurrency Borrowing, the period commencing on the date of such Borrowing or on the last day of the immediately preceding Interest Period applicable to such Borrowing, as applicable, and ending on the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) in the calendar month that is 1, 2, 3 or 6 months thereafter (or 12 months, if at the time of the relevant Borrowing, all Lenders make interest periods of such length available), as the applicable Borrower may elect, or the date any Eurocurrency Borrowing is converted to an ABR Borrowing in accordance with Section 2.07 or repaid or prepaid in accordance with Section 2.10, 2.11 or 2.12; provided, unless the Administrative Agent shall otherwise agree, that prior to the earlier of the 31st day after the Closing Date and the date on which the Administrative Agent has notified the Borrowers that the primary syndication of the Facilities has been completed, the Borrowers shall only be permitted to request Interest Periods of seven days (it being understood that notwithstanding anything else in this Agreement to the contrary, if on the last day of any such seven day Interest Period the primary syndication of the Facilities shall not have been completed, a new seven day Interest Period will begin on such day with respect to each such Borrowing and no notice by any Borrower shall be required with respect thereto); provided further, however, that if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day. Interest shall accrue from and including the first day of an Interest Period to but excluding the last day of such Interest Period.
“Issuing Bank” shall mean JPMorgan, Wells Fargo Bank, N.A. and each other Issuing Bank designated pursuant to Section 2.05(k), in each case in its capacity as an issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.05(i). An Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.
“Issuing Bank Fees” shall have the meaning assigned to such term in Section 2.13(b).
“JPMorgan” shall mean JPMorgan Chase Bank, N.A. and its successors and assigns.
“L/C Commitment” shall be equal to the Revolving Facility Commitment.
“L/C Disbursement” shall mean a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit, including, for the avoidance of doubt, a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit upon or following the reinstatement of such Letter of Credit.
“L/C Exposure” shall mean, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time plus (b) the aggregate amount of all L/C
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Disbursements that have not yet been reimbursed by or on behalf of the Domestic Borrower at such time. The L/C Exposure of any Lender at any time shall be its Revolving Facility Percentage of the total L/C Exposure at such time.
“L/C Participation Fee” shall have the meaning assigned such term in Section 2.13(b).
“Lead Arranger” shall mean J.P. Morgan Securities LLC.
“Lender” shall mean each financial institution listed on Schedule 2.01, as well as any Person that becomes a “Lender” hereunder pursuant to Section 9.04.
“Lender Default” shall mean (i) the refusal (which has not been retracted) of a Lender to make available its portion of any Borrowing, to acquire participations in a Swingline Loan pursuant to Section 2.04 or to fund its portion of any unreimbursed payment under Section 2.05(e), unless the subject of a good faith dispute, (ii) a Lender having notified in writing any Borrower and/or the Administrative Agent that it does not intend to comply with its obligations under Section 2.05 or 2.06 or (iii) a Lender having become the subject of a bankruptcy or insolvency proceeding, or having had a receiver, conservator, trustee or custodian appointed for it, or having a parent company that has become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for it or, in the good faith determination of the Administrative Agent, having taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any such proceeding or appointment; provided that a Lender Default shall not be deemed to be in effect solely as the result of the acquisition or maintenance of an ownership interest in a Lender or any Person controlling such Lender or the exercise of control over such Lender or any Person controlling such Lender by a Governmental Authority or an instrumentality thereof.
“Letter of Credit” shall mean any letter of credit issued pursuant to Section 2.05, including any Letter of Credit issued and outstanding under the Existing Credit Agreement immediately prior to the Closing Date as set forth on Schedule 2.05.
“Leverage Ratio” shall mean, on any date, the ratio of (a) Consolidated Debt as of such date to (b) EBITDA for the period of four consecutive fiscal quarters of the Domestic Borrower most recently ended as of such date, all determined on a consolidated basis in accordance with GAAP; provided that to the extent any Asset Disposition or any Asset Acquisition (or any similar transaction or transactions that require a waiver or a consent of the Required Lenders pursuant to Section 6.04 or Section 6.05) or incurrence or repayment of Indebtedness (excluding normal fluctuations in revolving Indebtedness incurred for working capital purposes) has occurred during the relevant Test Period, EBITDA shall be determined for the respective Test Period on a Pro Forma Basis for such occurrences.
“LIBO Rate” shall mean (i) in relation to any Eurocurrency Borrowing denominated in Dollars or any Foreign Currency (other than Euro):
(a)the applicable Screen Rate; or
(b)(if no Screen Rate is available for the currency or Interest Period of that Eurocurrency Borrowing) the arithmetic mean of the rates (rounded upwards to four
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decimal places) as supplied to the Administrative Agent to leading banks in the London interbank market,
as of 11:00 am London time on the Quotation Day for the offering of deposits in the currency of that Eurocurrency Borrowing and for a period comparable to the Interest Period for that Eurocurrency Borrowing and (ii) with respect to any Eurocurrency Borrowing denominated in Euros, the EURIBO Rate.
“Lien” shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien, hypothecation, pledge, encumbrance, charge or security interest in or on such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset and (c) in the case of securities (other than securities representing an interest in a joint venture that is not a Subsidiary), any purchase option, call or similar right of a third party with respect to such securities.
“Loan Documents” shall mean this Agreement, the Letters of Credit, the Security Documents, each Credit Agreement Supplement entered into by an Additional Foreign Borrower and any promissory note issued under Section 2.10(g) and any other instrument or agreement now or hereafter executed and delivered in connection herewith or therewith.
“Loan Parties” shall mean each Domestic Loan Party and each Foreign Loan Party.
“Loans” shall mean the Revolving Facility Loans, the Euro Revolving Facility Loans, the Swingline Loans and the Term Facility Loans.
“Local Time” shall mean (i) in the case of Loans and Letters of Credit denominated in Dollars, New York City time and (ii) in the case of Loans and Letters of Credit denominated in Euros or any other Foreign Currency, London time.
“Majority Lenders” of any Facility shall mean, at any time, Lenders under such Facility having Loans and unused Commitments representing more than 50% of the sum of all Loans outstanding under such Facility and unused Commitments under such Facility at such time, in each case calculated on the Equivalent in Dollars at such time. The Loans and Commitment of any Defaulting Lender shall be disregarded in determining Majority Lenders at any time.
“Margin Stock” shall have the meaning assigned to such term in Regulation U.
“Material Adverse Effect” shall mean the existence of events, conditions and/or contingencies that have had or are reasonably likely to have (a) a materially adverse effect on the business, operations, properties, assets or financial condition of the Domestic Borrower and its Subsidiaries, taken as a whole, or (b) a material impairment of the validity or enforceability of, or a material impairment of the material rights, remedies or benefits available to the Lenders, any Issuing Bank, the Administrative Agent or the Collateral Agent under, any Loan Document.
“Material Indebtedness” shall mean Indebtedness (other than Loans and Letters of Credit) of any one or more of the Domestic Borrower or any Subsidiary in an aggregate principal amount exceeding $50.0 million.
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“Material Real Property” shall mean any Real Property owned by a Loan Party on the Closing Date having a fair market value exceeding $10.0 million and any after-acquired Real Property owned by a Loan Party having a gross purchase price exceeding $10.0 million at the time of acquisition.
“Material Subsidiary” shall mean each Subsidiary of the Domestic Borrower now existing or hereafter acquired or formed by the Domestic Borrower which, on a consolidated basis for such Subsidiary and its Subsidiaries, (a) for the applicable Calculation Period accounted for more than 1.5% of the consolidated revenues of the Domestic Borrower and its Subsidiaries or (b) as of the last day of such Calculation Period, was the owner of more than 1.5% of the Consolidated Total Assets of the Domestic Borrower and its Subsidiaries; provided that at no time shall the total assets of all Subsidiaries that are not Material Subsidiaries exceed, for the applicable Calculation Period, 5.0% of the Consolidated Total Assets of the Domestic Borrower and its Subsidiaries.
“Maturity Date” shall mean September 30, 2018.
“Maximum Rate” shall have the meaning assigned to such term in Section 9.09.
“Moody’s” shall mean Moody’s Investors Service, Inc.
“Mortgaged Properties” shall mean all Material Real Property which shall be subject to a Mortgage that is delivered pursuant to the terms of this Agreement.
“Mortgages” shall mean the mortgages, deeds of trust, assignments of leases and rents and other security documents delivered on or prior to the Closing Date pursuant to Section 4.02(e) of this Agreement or Section 4.02(e) of the Existing Credit Agreement or after the Closing Date pursuant to Section 5.10, as amended, supplemented or otherwise modified from time to time, with respect to Mortgaged Properties, each substantially in the form of Exhibit D, with such changes thereto as shall be acceptable to the Collateral Agent, including all such changes as may be required to account for local law matters.
“Multiemployer Plan” shall mean a multiemployer plan as defined in Section 4001(a)(3) of ERISA with respect to which any Borrower, Subsidiary or ERISA Affiliate (a) is making or has an obligation to make contributions, (b) has within any of the preceding six plan years made or had an obligation to make contributions or (c) otherwise has or could incur liability.
“Net Income” shall mean, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of preferred stock dividends.
“Net Proceeds” shall mean 100% of the cash proceeds actually received by the Domestic Borrower or any Wholly-Owned Subsidiary (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise and including casualty insurance settlements and condemnation awards, but only as and when received) from any loss, damage, destruction or condemnation of, or any sale, transfer or other disposition (including any sale and leaseback of assets) to any Person of any asset or assets of the Domestic Borrower or any Subsidiary (other
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than those pursuant to Section 6.05(a), (b), (c), (e), (f), (g), (i), (j), (k) or (l)), net of (i) attorneys’ fees, accountants’ fees, investment banking fees, sales commissions, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, required debt payments and required payments of other obligations relating to the applicable asset (other than pursuant hereto or pursuant to the 2021 Senior Subordinated Notes or any Permitted Senior Debt Securities or Permitted Subordinated Debt Securities) and any cash reserve for adjustment in respect of the sale price of such asset established in accordance with GAAP, including without limitation, pension and post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction, other customary expenses and brokerage, consultant and other customary fees actually incurred in connection therewith and (ii) Taxes paid or payable as a result thereof.
For purposes of calculating the amount of Net Proceeds, fees, commissions and other costs and expenses payable to any Borrower or any Affiliate of any of them shall be disregarded.
“Non-Consenting Lender” shall have the meaning assigned to such term in Section 2.20(c).
“Obligations” shall mean all amounts owing to any of the Agents, any Lender or any of their affiliates pursuant to the terms of this Agreement or any other Loan Document.
“Other Taxes” shall mean any and all present or future stamp or documentary taxes or any other excise or property, intangible or mortgage recording taxes, charges or similar levies arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, the Loan Documents, and any and all interest and penalties related thereto.
“Participant” shall have the meaning assigned to such term in Section 9.04(c).
“PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA.
“Perfection Certificate” shall mean a certificate in the form of Annex I to the Domestic Collateral Agreement or any other form approved by the Collateral Agent.
"Performance L/C" shall mean a Letter of Credit supporting the performance of obligations by the Domestic Borrower or one of its Subsidiaries.
“Permitted Business Acquisition” shall mean any acquisition of all or substantially all the assets of, or all the Equity Interests (other than directors’ qualifying shares) in, a Person or division or line of business of a Person (or any subsequent investment made in a Person, division or line of business previously acquired in a Permitted Business Acquisition) if (a) such acquisition was not preceded by, or effected pursuant to, an unsolicited or hostile offer and (b) immediately after giving effect thereto: (i) no Event of Default shall have occurred and be continuing or would result therefrom; (ii) all transactions related thereto shall be consummated in accordance with applicable laws; and (iii) (A) the Domestic Borrower and its Subsidiaries shall be in compliance, on a Pro Forma Basis after giving effect to such acquisition or formation, with the covenants contained in Sections 6.11 and 6.12 recomputed as at the last day of the most
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recently ended fiscal quarter of the Domestic Borrower and its Subsidiaries, and the Domestic Borrower shall have delivered to the Administrative Agent a certificate of a Responsible Officer of the Domestic Borrower to such effect, together with all relevant financial information for such Subsidiary or assets, and (B) any acquired or newly formed Subsidiary shall not be liable for any Indebtedness (except for Indebtedness permitted by Section 6.01).
“Permitted Encumbrances” shall mean (i) with respect to each Real Property, those Liens and other encumbrances permitted by paragraphs (b), (d), (h), (m) and (o) of Section 6.02 and (ii) with respect to each Real Property acquired after the Closing Date, those Liens and other encumbrances permitted by paragraphs (b), (d), (e), (h), (k), (m) and (o) of Section 6.02, provided, however, that in the case of those Liens and other encumbrances permitted by clause (o) of Section 6.02 and as described in clauses (i) and (ii) of this definition, in the event any Loan Party shall constitute the lessor under any such lease or sublease, no Lien created or permitted to be incurred thereby shall be permitted hereunder except to the extent such Lien would otherwise constitute a Permitted Encumbrance.
“Permitted Investments” shall mean:
(a)direct obligations of the United States of America or any agency thereof or obligations guaranteed by the United States of America or any agency thereof, in each case with maturities not exceeding two years;
(b)time deposit accounts, certificates of deposit and money market deposits maturing within 180 days of the date of acquisition thereof issued by a bank or trust company that is organized under the laws of the United States of America, or any state thereof having capital, surplus and undivided profits in excess of $500.0 million and whose long-term debt, or whose parent holding company’s long-term debt, is rated A (or such similar equivalent rating or higher) by at least one nationally recognized statistical rating organization (as defined in Rule 436 under the Securities Act);
(c)repurchase obligations with a term of not more than 180 days for underlying securities of the types described in clause (a) above entered into with a bank meeting the qualifications described in clause (b) above;
(d)commercial paper, maturing not more than one year after the date of acquisition, issued by a corporation (other than an Affiliate of any Borrower) organized and in existence under the laws of the United States of America or any foreign country recognized by the United States of America with a rating at the time as of which any investment therein is made of P-1 (or higher) according to Moody’s, or A-1 (or higher) according to S&P;
(e)securities with maturities of two years or less from the date of acquisition issued or fully guaranteed by any State, commonwealth or territory of the United States of America, or by any political subdivision or taxing authority thereof, and rated at least A by S&P or A-2 by Moody’s;
(f)shares of mutual funds whose investment guidelines restrict 95% of such funds’ investments to those satisfying the provisions of clauses (a) through (e) above;
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(g)money market funds that (i) comply with the criteria set forth in Rule 2a-7 under the Investment Company Act of 1940, (ii) are rated AAA by S&P and Aaa by Moody’s and (iii) have portfolio assets of at least $500.0 million; and
(h)time deposit accounts, certificates of deposit and money market deposits in an aggregate face amount not in excess of 1/2 of 1% of the total assets of the Domestic Borrower and the Subsidiaries, on a consolidated basis, as of the end of the Domestic Borrower’s most recently completed fiscal year.
“Permitted Receivables Documents” shall mean all documents and agreements evidencing, relating to or otherwise governing a Permitted Receivables Financing.
“Permitted Receivables Financing” shall mean one or more transactions pursuant to which (i) Receivables Assets or interests therein are sold to or financed by one or more Special Purpose Receivables Subsidiaries, and (ii) such Special Purpose Receivables Subsidiaries finance their acquisition of such Receivables Assets or interests therein, or the financing thereof, by selling or borrowing against such Receivables Assets; provided that (A) recourse to the Domestic Borrower or any Subsidiary (other than the Special Purpose Receivables Subsidiaries) and any obligations or agreements of the Domestic Borrower or any Subsidiary (other than the Special Purpose Receivables Subsidiaries) in connection with such transactions shall be limited to the extent customary for similar transactions in the applicable jurisdictions (including, to the extent applicable, in a manner consistent with the delivery of a “true sale”/”absolute transfer” opinion with respect to any transfer by the Domestic Borrower or any Subsidiary (other than a Special Purpose Receivables Subsidiary), (B) the aggregate Receivables Net Investment since the Closing Date shall not exceed $75.0 million at any time, (C) the Board of Directors of the Domestic Borrower shall have determined in good faith that each such Permitted Receivables Financing (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair and reasonable to the Domestic Borrower and the applicable Special Purpose Receivables Subsidiary, (D) all sales of Receivables Assets or interests therein to any Special Purpose Receivables Subsidiary are made at fair market value (as determined in good faith by the Domestic Borrower), and (E) the financing terms, covenants, termination events and other provisions thereof will be market terms (as determined in good faith by the Domestic Borrower) and may include representations, warranties, covenants, indemnities and guarantees of performance which the Domestic Borrower has determined in good faith to be customary in a receivables financing including, without limitation, those relating to the servicing of the assets of a Special Purpose Receivables Subsidiary, it being understood and agreed that any obligation of a seller of receivables to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or by other event relating to the seller, shall be deemed customary.
“Permitted Refinancing Indebtedness” shall mean any Indebtedness issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund (collectively, to “Refinance”), the Indebtedness being Refinanced (or previous refinancings thereof constituting Permitted Refinancing Indebtedness); provided that (a) the principal amount (or accreted value, if applicable) of such Permitted Refinancing Indebtedness does not exceed the
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principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced (plus unpaid accrued interest and premium thereon), (b) the average life to maturity of such Permitted Refinancing Indebtedness is greater than or equal to that of the Indebtedness being Refinanced, (c) if the Indebtedness being Refinanced is subordinated in right of payment to the Obligations under this Agreement, such Permitted Refinancing Indebtedness shall be subordinated in right of payment to such Obligations on terms at least as favorable to the Lenders as those contained in the documentation governing the Indebtedness being Refinanced, (d) no Permitted Refinancing Indebtedness shall have different obligors, or greater guarantees or security, than the Indebtedness being Refinanced and (e) if the Indebtedness being Refinanced is secured by any collateral (whether equally and ratably with, or junior to, the Secured Parties or otherwise), such Permitted Refinancing Indebtedness may be secured by such collateral (including in respect of Indebtedness of Foreign Subsidiaries otherwise permitted under this Agreement only, any collateral pursuant to after-acquired property clauses to the extent any such collateral secured the Indebtedness being Refinanced) on terms no less favorable to the Secured Parties than those contained in the documentation governing the Indebtedness being Refinanced.
“Permitted Senior Debt Securities” shall mean unsecured senior notes issued by the Domestic Borrower with the following terms: (i) the covenants (other than the Lien covenant and the Subsidiary debt covenant), events of default, Subsidiary guarantees and other terms (other than interest rate and redemption premiums), taken as a whole, are not more restrictive to the Domestic Borrower and its Subsidiaries than those in the 2021 Senior Subordinated Notes, (ii) the Lien covenant and the Subsidiary debt covenant are on market terms for similar issuers at the time of issuance and (iii) no Subsidiary of a Domestic Subsidiary (other than a Domestic Subsidiary Loan Party) is an obligor under such notes that is not an obligor under the 2021 Senior Subordinated Notes.
“Permitted Subordinated Debt Securities” shall mean unsecured subordinated notes issued by the Domestic Borrower with the following terms: (i) such notes do not provide for any scheduled repayment, mandatory redemption or sinking fund obligation prior to the date on which the final maturity of the 2021 Senior Subordinated Notes occurs (as in effect on the Closing Date), (ii) the covenants, events of default, Subsidiary guarantees and other terms (other than interest rate and redemption premiums), taken as a whole, are not more restrictive to the Domestic Borrower and its Subsidiaries than those in the 2021 Senior Subordinated Notes and (iii) no Subsidiary of a Domestic Subsidiary (other than a Domestic Subsidiary Loan Party) is an obligor under such notes that is not an obligor under the 2021 Senior Subordinated Notes.
“Person” shall mean any natural person, corporation, business trust, joint venture, association, company, partnership, limited liability company or government, individual or family trusts, or any agency or political subdivision thereof.
“Plan” shall mean any employee pension benefit plan (other than a Multiemployer Plan or Foreign Plan) subject to the provisions of Title IV of ERISA or Sections 412 or 430 of the Code or Section 302 of ERISA which is maintained or contributed to by any Borrower, Subsidiary or ERISA Affiliate or with respect to which any Borrower, Subsidiary or ERISA Affiliate has or could incur liability (including under Section 4069 of ERISA).
“Platform” shall have the meaning assigned to such term in Section 9.17(b).
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“Pledged Collateral” shall have the meaning assigned to such term in the applicable Collateral Agreement.
“primary obligor” shall have the meaning given such term in the definition of the term “Guarantee.”
“Prior Liens” shall mean Liens which, pursuant to the provisions of any Security Document, are or may be superior to the Lien of such Security Document.
“Pro Forma Basis” shall mean, as to any Person, for any events as described in clauses (a) and (b) below that occur subsequent to the commencement of a period for which the financial effect of such events is being calculated, and giving effect to the events for which such calculation is being made, such calculation as will give pro forma effect to such events as if such events occurred on the first day of the four consecutive fiscal quarter period ended on or before the occurrence of such event (the “Reference Period”):
(a)in making any determination of EBITDA, pro forma effect shall be given to any Asset Disposition and to any Asset Acquisition (or any similar transaction or transactions that require a waiver or consent of the Required Lenders pursuant to Section 6.04 or 6.05), in each case that occurred during the Reference Period (or, in the case of determinations made pursuant to the definition of the term “Asset Acquisition,” occurring during the Reference Period or thereafter and through and including the date upon which the respective Asset Acquisition is consummated); and
(b)in making any determination on a Pro Forma Basis, (i) all Indebtedness (including Indebtedness incurred or assumed and for which the financial effect is being calculated, whether incurred under this Agreement or otherwise, but excluding normal fluctuations in revolving Indebtedness incurred for working capital purposes and amounts outstanding under any Permitted Receivables Financing, in each case, not to finance any acquisition) incurred or permanently repaid during the Reference Period (or, in the case of determinations made pursuant to the definition of the term “Asset Acquisition,” occurring during the Reference Period or thereafter and through and including the date upon which the respective Asset Acquisition is consummated) shall be deemed to have been incurred or repaid at the beginning of such period and (ii) Interest Expense of such Person attributable to interest on any Indebtedness, for which pro forma effect is being given as provided in preceding clause (i), bearing floating interest rates shall be computed on a pro forma basis as if the rates that would have been in effect during the period for which pro forma effect is being given had been actually in effect during such periods.
Pro forma calculations made pursuant to the definition of the term “Pro Forma Basis” shall be determined in good faith by a Responsible Officer of the Domestic Borrower and, for any fiscal period ending on or prior to the first anniversary of an Asset Acquisition or Asset Disposition (or any similar transaction or transactions that require a waiver or consent of the Required Lenders pursuant to Section 6.04 or 6.05), may include adjustments to reflect operating expense reductions and other operating improvements or synergies reasonably expected to result from such Asset Acquisition, Asset Disposition or other similar transaction, to the extent that the Domestic Borrower delivers to the Administrative Agent (i) a certificate of a Financial Officer of
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the Domestic Borrower setting forth such operating expense reductions and other operating improvements or synergies and (ii) information and calculations supporting in reasonable detail such estimated operating expense reductions and other operating improvements or synergies.
“Projections” shall mean the projections of the Domestic Borrower and its Subsidiaries and any forward-looking statements (including statements with respect to booked business) of such entities furnished to the Lenders or the Administrative Agent by or on behalf of the Borrowers or any of their Subsidiaries prior to the Closing Date.
“Quotation Day” shall mean, in relation to any period for which an interest rate is to be determined:
(a)(if the currency is Sterling) the first day of that period;
(b)(if the currency is Euro) two TARGET Days before the first day of that period; or
(c)(for any other currency) two Business Days before the first day of that period, unless market practice differs in the Relevant Interbank Market for a currency, in which case the Quotation Day for that currency will be determined by the Administrative Agent in accordance with market practice in the Relevant Interbank Market (and if quotations would normally be given by leading banks in the Relevant Interbank Market on more than one day, the Quotation Day will be the last of these days).
“Real Property” shall mean, collectively, all right, title and interest of any Borrower or any other Subsidiary in and to any and all parcels of real property owned or operated by any Borrower or any other Subsidiary together with all Improvements and appurtenant fixtures, equipment, personal property, easements and other property and rights incidental to the ownership, lease or operation thereof.
“Receivables Assets” shall mean accounts receivable (including any bills of exchange) and related assets and property from time to time originated, acquired or otherwise owned by the Domestic Borrower or any Subsidiary.
“Receivables Net Investment” shall mean the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents; provided, however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made.
“Reference Period” shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.”
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“Refinance” shall have the meaning assigned to such term in the definition of the term “Permitted Refinancing Indebtedness,” and “Refinanced” shall have a meaning correlative thereto.
“Register” shall have the meaning assigned to such term in Section 9.04(b).
“Regulation U” shall mean Regulation U of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.
“Regulation X” shall mean Regulation X of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.
“Related Parties” shall mean, with respect to any specified Person, such Person’s Affiliates and the respective directors, officers, employees, agents and advisors of such Person and such Person’s Affiliates.
“Release” shall mean any placing, spilling, leaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping, disposing or depositing in, into or onto the Environment.
“Relevant Interbank Market” shall mean, in relation to the LIBO Rate, the principal London offices of the Administrative Agent and, in relation to the EURIBO Rate, the principal office in New York City of the Administrative Agent or such other banks as may be appointed by the Administrative Agent with the consent of the Borrowers.
“Remaining Present Value” shall mean, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into.
“Reportable Event” shall mean any reportable event as defined in Section 4043(c) of ERISA or the regulations issued thereunder, other than those events as to which the 30-day notice period referred to in Section 4043(c) of ERISA has been waived, with respect to a Plan.
“Required Lenders” shall mean, at any time, Lenders having (a) Loans (other than Swingline Loans) outstanding (calculated in respect of Loans denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time), (b) Revolving L/C Exposures, (c) Swingline Exposures, and (d) Revolving Facility Available Unused Commitments and Euro Revolving Facility Available Unused Commitments (calculated on the Equivalent thereof in Dollars at such time), that taken together, represent more than 50% of the sum of (w) all Loans (other than Swingline Loans) outstanding (calculated in respect of Loans denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time), (x) Revolving L/C Exposures, (y) Swingline Exposures, and (z) the total Revolving Facility Available Unused Commitments and Euro Revolving Facility Available Unused Commitments (calculated on the Equivalent thereof in Dollars at such time) at such time. The Loans, Revolving L/C Exposures, Swingline Exposures and Revolving Facility Available Unused Commitment and Euro Revolving Facility Available Unused Commitments of any Defaulting Lender shall be disregarded in determining Required Lenders at any time.
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“Responsible Officer” of any Person shall mean any executive officer or Financial Officer of such Person and any other officer or similar official thereof responsible for the administration of the obligations of such Person in respect of this Agreement.
“Revolving Facility” shall mean the Revolving Facility Commitments and the extensions of credit made hereunder by the Revolving Facility Lenders.
“Revolving Facility Availability Period” shall mean the period from the Closing Date to but excluding the earlier of the Maturity Date and in the case of each of the Revolving Facility Loans, Revolving Facility Borrowings, and Letters of Credit, the date of termination of the Revolving Facility Commitments.
“Revolving Facility Available Unused Commitment” shall mean, with respect to a Revolving Facility Lender, at any time of determination, an amount equal to the amount by which (a) the Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the Revolving Facility Credit Exposure of such Revolving Facility Lender at such time (calculated in respect of any portion of such Revolving Facility Lender’s Revolving Facility Credit Exposure that is denominated in a Foreign Currency on the Equivalent thereof in Dollars determined at such time).
“Revolving Facility Borrowing” shall mean a Borrowing comprised of Revolving Facility Loans.
“Revolving Facility Commitment” shall mean, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(a) or a New Lender Supplement, expressed as a Dollar amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04. The initial Dollar amount of each Revolving Facility Lender’s Revolving Facility Commitment is set forth on Schedule 2.01(as amended by any New Lender Supplement), or in the Assignment and Acceptance pursuant to which such Revolving Facility Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate Dollar amount of the Revolving Facility Commitments on the date hereof is $1,100,000,000.
“Revolving Facility Credit Exposure” shall mean, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time (calculated in respect of Loans denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time), (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time (calculated in respect of Revolving L/C Exposure denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time). The Revolving Facility Credit Exposure of any Revolving Facility Lender at any time shall be the sum of (a) the aggregate principal amount of such Revolving Facility Lender’s Revolving Facility Loans outstanding at such time (calculated in respect of Loans denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time) and (b) such Revolving Facility Lender’s Revolving Facility Percentage of the Swingline Exposure and Revolving L/C Exposure at such time (calculated in respect of
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Revolving L/C Exposure denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time).
“Revolving Facility Lender” shall mean a Lender with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.
“Revolving Facility Loan” shall mean a Loan made by a Revolving Facility Lender pursuant to Section 2.01(a). Each Revolving Facility Revolving Loan shall be a Eurocurrency Loan or an ABR Revolving Loan.
“Revolving Facility Percentage” shall mean, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.
“Revolving L/C Exposure” shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit outstanding at such time (calculated in respect of Letters of Credit denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time) and (b) the aggregate principal amount of all L/C Disbursements that have not yet been reimbursed at such time (calculated in respect of L/C Disbursements denominated in a Foreign Currency on the Equivalent thereof in Dollars at such time). The Revolving L/C Exposure of any Revolving Facility Lender at any time shall mean its Revolving Facility Percentage of the aggregate Revolving L/C Exposure at such time.
“S&P” shall mean Standard & Poor’s Ratings Group, Inc.
“Sale and Lease-Back Transaction” shall have the meaning assigned to such term in Section 6.03.
“Sanctions” shall mean the economic sanctions laws, regulations, embargoes or restrictive measures with the force of law administered, enacted or enforced by the Sanctions Authorities.
“Sanctions Authorities” shall mean (i) the United States government, (ii) the United Nations, (iii) the European Union, (iv) the United Kingdom or (v) the respective governmental institutions and agencies of any of the foregoing, including, without limitation, OFAC, the United States Department of State, and Her Majesty's Treasury.
“Screen Rate” shall mean:
(a)in relation to the LIBO Rate, the British Bankers’ Association Interest Settlement Rate for the relevant currency and period; and
(b)in relation to the EURIBO Rate, the percentage rate per annum determined by the Banking Federation of the European Union for the relevant period,
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displayed on the appropriate page of the Reuters LIBO screen. If the agreed page is replaced or service ceases to be available, the Administrative Agent may specify another page or service displaying the appropriate rate after consultation with the Foreign Borrowers and the Lenders.
“SEC” shall mean the Securities and Exchange Commission or any successor thereto.
“Secured Parties” shall mean the “Secured Parties” as defined in the Collateral Agreements.
“Securities Act” shall mean the Securities Act of 1933, as amended.
“Security Documents” shall mean the Mortgages, the Collateral Agreements and each of the security agreements and other instruments and documents executed and delivered pursuant to any of the foregoing or pursuant to Section 5.10.
“Spanish Borrower” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
“Special Purpose Receivables Subsidiary” shall mean a direct or indirect Subsidiary of the Domestic Borrower established in connection with a Permitted Receivables Financing for the acquisition of Receivables Assets or interests therein, and which is organized in a manner intended to reduce the likelihood that it would be substantively consolidated with the Domestic Borrower or any of the Subsidiaries (other than Special Purpose Receivables Subsidiaries) in the event the Domestic Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law).
“Statutory Reserves” shall mean, with respect to any currency, any reserve, liquid asset or similar requirements established by any Governmental Authority of the United States of America or of the jurisdiction of such currency or any jurisdiction in which Loans in such currency are made to which banks in such jurisdiction are subject for any category of deposits or liabilities customarily used to fund loans in such currency or by reference to which interest rates applicable to Loans in such currency are determined.
“Sterling” shall mean the lawful currency of the United Kingdom of Great Britain and Northern Ireland.
“Subordinated Intercompany Debt” shall have the meaning assigned to such term in Section 6.01(e).
“subsidiary” shall mean, with respect to any Person (herein referred to as the “parent”), any corporation, partnership, association or other business entity of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or more than 50% of the general partnership interests are, at the time any determination is being made, directly or indirectly, owned, Controlled or held by such Person.
“Subsidiary” shall mean a subsidiary; provided that unless the context otherwise requires, “Subsidiary” shall mean a subsidiary of the Domestic Borrower.
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“Subsidiary Loan Party” shall mean a Domestic Subsidiary Loan Party or a Foreign Subsidiary Loan Party.
“Swap Agreement” shall mean any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions, provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Domestic Borrower or any of its Subsidiaries shall be a Swap Agreement.
“Swingline Borrowing” shall mean a Borrowing comprised of Swingline Loans.
“Swingline Borrowing Request” shall mean a request by any Borrower substantially in the form of Exhibit C-2.
“Swingline Commitment” shall mean, with respect to each Swingline Lender, the commitment of such Swingline Lender to make Swingline Loans pursuant to Section 2.04. The aggregate amount of the Swingline Commitments on the Closing Date is $30.0 million.
“Swingline Exposure” shall mean at any time the aggregate principal amount of all outstanding Swingline Borrowings at such time. The Swingline Exposure of any Revolving Facility Lender at any time shall mean its Revolving Facility Percentage of the aggregate Swingline Exposure at such time.
“Swingline Lender” shall mean JPMorgan Chase Bank, N.A., in its capacity as a lender of Swingline Loans, and/or any other Revolving Facility Lender designated as such by the Domestic Borrower after the Closing Date that is reasonably satisfactory to the Domestic Borrower and the Administrative Agent and executes a counterpart to this Agreement as a Swingline Lender.
“Swingline Loans” shall mean the swingline loans made to any Borrower pursuant to Section 2.04.
“Taxes” shall mean any and all present or future taxes, levies, imposts, duties (including stamp duties), deductions, charges (including ad valorem charges) or withholdings imposed by any Governmental Authority and any and all interest and penalties related thereto.
“Term Facility” shall mean, collectively, the Tranche A Term Facility and the Tranche B Term Facility.
“Term Facility Lender” shall mean a Lender with outstanding Term Facility Loans.
“Term Facility Loans” shall mean, collectively, the Tranche A Term Facility Loans and the Tranche B Term Facility Loans.
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“Test Period” shall mean, on any date of determination, the period of four consecutive fiscal quarters of the Domestic Borrower then most recently ended (taken as one accounting period).
“Title Company” shall mean Title Associates Inc., as agent for Stewart Title Insurance Company, or such other nationally recognized title company as shall be selected by the Administrative Agent.
“Tranche A Term Facility” shall mean, collectively, the Loans made by the Tranche A Term Facility Lenders.
“Tranche A Term Facility Credit Exposure” shall mean, at any time, the sum of the aggregate principal amount of the Tranche A Term Facility Loans outstanding at such time. The Tranche A Term Facility Credit Exposure of any Tranche A Term Facility Lender at any time shall be the principal amount of such Tranche A Term Facility Lender’s Tranche A Term Facility Loan outstanding at such time.
“Tranche A Term Facility Lender” shall mean a Lender with outstanding Loans under the Tranche A Term Facility.
“Tranche A Term Facility Loans” shall mean the Loans outstanding under the Tranche A Term Facility.
“Tranche B Term Facility” shall mean, collectively, the Loans made by the Tranche B Term Facility Lenders.
“Tranche B Term Facility Credit Exposure” shall mean, at any time, the sum of the aggregate principal amount of the Tranche B Term Facility Loans outstanding at such time. The Tranche B Term Facility Credit Exposure of any Tranche B Term Facility Lender at any time shall be the principal amount of such Tranche B Term Facility Lender’s Tranche B Term Facility Loan outstanding at such time.
“Tranche B Term Facility Lender” shall mean a Lender with outstanding Loans under the Tranche B Term Facility.
“Tranche B Term Facility Loans” shall mean the Loans outstanding under the Tranche B Term Facility.
“Transactions” shall mean, collectively, the transactions to occur on or prior to the Closing Date pursuant to the Loan Documents, including (a) the execution and delivery of the Loan Documents and any borrowings hereunder, (b) the amendment, restatement, extension and refinancing of the Existing Credit Agreement and (c) the payment of all fees and expenses owing in connection with the foregoing.
“Treasury Management Agreement” shall mean any agreement governing the provision of treasury or cash management services, including deposit accounts, funds transfer, automated clearinghouse, auto-borrow, zero balance accounts, returned check concentration, controlled
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disbursement, lockbox, account reconciliation and reporting and trade finance services provided by a Treasury Management Counterparty for the benefit of the Borrower or a Subsidiary.
“Treasury Management Counterparty” shall mean each Lender or Affiliate of a Lender that enters into a Treasury Management Agreement; provided that if such Person at any time ceases to be a Lender or an Affiliate of a Lender, as the case may be, such Person shall no longer be a Treasury Management Counterparty.
“Type,” when used in respect of any Loan or Borrowing, shall refer to the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term “Rate” shall include the Adjusted LIBO Rate and the Alternate Base Rate.
“UCC” shall mean (i) the Uniform Commercial Code as in effect in the applicable state of jurisdiction and (ii) certificate of title or other similar statutes relating to “rolling stock” or barges as in effect in the applicable jurisdiction.
“U.S. Bankruptcy Code” shall mean Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.
“U.S. Patriot Act” shall have the meaning assigned to such term in Section 3.08(a).
“Wholly Owned Subsidiary” of any Person shall mean a subsidiary of such Person, all of the Equity Interests of which (other than directors’ qualifying shares or nominee or other similar shares required pursuant to applicable law) are owned by such Person or another Wholly Owned Subsidiary of such Person.
“Withdrawal Liability” shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA.
(b) as of the Closing Date, the Tranche A Term Facility Lenders have previously extended Tranche A Term Facility Loans, and the Tranche A Term Facility Credit Exposure is set forth on Schedule 2.01. |
(c) as of the Closing Date, the Tranche B Term Facility Lenders have previously extended Tranche B Term Facility Loans, and the Tranche B Term Facility Credit Exposure is set forth on Schedule 2.01. |
(i)whether the requested Borrowing is to be a Revolving Facility Borrowing or a Euro Revolving Facility Borrowing;
(ii)the aggregate amount of the requested Borrowing (expressed in Dollars);
(iii)the date of such Borrowing, which shall be a Business Day;
(iv)in the case of a Borrowing denominated in Dollars, whether such Borrowing is to be an ABR Borrowing or a Eurocurrency Borrowing;
(i) in the case of a Eurocurrency Borrowing, the currency and the initial Interest Period to be applicable thereto; and |
(i) the location and number of the Borrower’s account to which funds are to be disbursed, which shall be an account maintained with the Administrative Agent or the European Administrative Agent. |
If no election as to the Type of Revolving Facility Borrowing is specified, then the requested Revolving Facility Borrowing shall be an ABR Borrowing. If no Interest Period is specified with respect to any requested Eurocurrency Borrowing, then the Borrower requesting such Eurocurrency Borrowing shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing.
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(ii) Notwithstanding the foregoing, any Borrower may request the issuance of a Letter of Credit that expires at or prior to the close of business on the date that is five (5) Business Days prior to the Maturity Date. |
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(c) Each written Interest Election Request shall specify the following information in compliance with Section 2.02: |
(i) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clauses (iii) and (iv) below shall be specified for each resulting Borrowing); |
(ii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day; |
(iii) in the case of a Borrowing denominated in Dollars, whether the resulting Borrowing is to be an ABR Borrowing or a Eurocurrency Borrowing; and |
(iv) if the resulting Borrowing is a Eurocurrency Borrowing, the Interest Period to be applicable thereto after giving effect to such election. |
If any such Interest Election Request made by any Borrower requests a Eurocurrency Borrowing but does not specify an Interest Period, then such Borrower shall be deemed to have selected an Interest Period of one month’s duration.
(a) Unless previously terminated, the Revolving Facility Commitments and the Euro Revolving Facility Commitments shall terminate on the Maturity Date. |
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|
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Leverage Ratio | Commitment Fee (in basis points) |
|
|
Category 1 Equal to or greater than 3.00 to 1.00 | 50.0 |
Category 2 Less than 3.00 to 1.00 but equal to or greater than 2.25 to 1.00 | 50.0 |
Category 3 Less than 2.25 to 1.00 but equal to or greater than 1.50 to 1.00 | 37.5 |
Category 4 Less than 1.50 to 1.00 | 37.5 |
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All Commitment Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. For the purpose of calculating any Lender’s Commitment Fee, the outstanding Swingline Loans during the period for which such Lender’s Commitment Fee is calculated shall be deemed to be zero. The Commitment Fee due to each Lender shall begin to accrue on the Closing Date and shall cease to accrue on the date on which the last of the Commitments of such Lender shall be terminated as provided herein.
Leverage Ratio | Performance L/C Fee Rate (in basis points) | Financial L/C Fee Rate (in basis points) |
|
|
|
Category 1 Equal to or greater than 3.00 to 1.00 | 140.0 | 250.0 |
Category 2 Less than 3.00 to 1.00 but equal to or greater than 2.25 to 1.00 | 125.0 | 225.0 |
Category 3 Less than 2.25 to 1.00 but equal to or greater than 1.50 to 1.00 | 110.0 | 200.0 |
Category 4 Less than 1.50 to 1.00 | 95.0 | 175.0 |
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Each Borrower from time to time agrees to pay to each Issuing Bank, for its own account, (i) 15 Business Days after the last day of March, June, September and December of each year and three Business Days after the date on which the Revolving Facility Commitments of all the Lenders shall be terminated as provided herein, a fronting fee in respect of each Letter of Credit issued by such Issuing Bank at the request of such Borrower for the period from and including the date of issuance of such Letter of Credit to and including the termination of such Letter of Credit (computed at a rate equal to 1/8 of 1% per annum of the daily average stated amount of such Letter of Credit), plus (ii) in connection with the issuance, amendment or transfer of any such Letter of Credit or any L/C Disbursement thereunder, such Issuing Bank’s customary documentary and processing charges (collectively, “Issuing Bank Fees”). All L/C Participation Fees and Issuing Bank Fees that are payable on a per annum basis shall be computed on the basis of the actual number of days elapsed in a year of 360 days.
Leverage Ratio | Euro Commitment Fee (in basis points) |
|
|
Category 1 Equal to or greater than 3.00 to 1.00 | 50.0 |
Category 2 Less than 3.00 to 1.00 but equal to or greater than 2.25 to 1.00 | 50.0 |
Category 3 Less than 2.25 to 1.00 but equal to or greater than 1.50 to 1.00 | 37.5 |
Category 4 Less than 1.50 to 1.00 | 37.5 |
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(a) Each Borrower shall pay interest on the unpaid principal amount of each ABR Loan made to such Borrower at the Alternate Base Rate plus the Applicable Margin. |
Section 2.015 Alternate Rate of Interest. If prior to the commencement of any Interest Period for a Eurocurrency Borrowing denominated in any currency: |
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then the Administrative Agent shall give notice thereof to the Borrowers and the Lenders by telephone or telecopy as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrowers and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurocurrency Borrowing shall be ineffective and such Borrowing, if denominated in Dollars, shall be converted to, and if denominated in Euros, shall be exchanged into the Equivalent thereof in Dollars and converted to, an ABR Borrowing, in each case on the last day of the Interest Period applicable thereto, and (ii) if any Borrowing Request requests a Eurocurrency Borrowing, such Borrowing shall be made as an ABR Borrowing or shall be made as a Borrowing bearing interest at such rate as the Required Lenders or the Majority Lenders under the relevant Facility shall agree adequately reflects the costs to the Lenders under such Facility of making the Loans comprising such Borrowing.
(i) impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate or those for which payment has been requested pursuant to Section 2.21) or Issuing Bank; or |
(ii) impose on any Lender or Issuing Bank or the London interbank market any other condition affecting this Agreement or Eurocurrency Loans made by such Lender or any Letter of Credit or participation therein (except those for which payment has been requested pursuant to Section 2.21); |
and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurocurrency Loan (or of maintaining its obligation to make any such Loan) to any Borrower or to increase the cost to such Lender or Issuing Bank of participating in, issuing or maintaining any Letter of Credit or to reduce the amount of any sum received or receivable by such Lender or Issuing Bank hereunder (whether of principal, interest or otherwise), then such Borrower will pay to such Lender or Issuing Bank, as applicable, such additional amount or amounts as will compensate such Lender or Issuing Bank, as applicable, for such additional costs incurred or reduction suffered.
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(b) In addition, each Loan Party shall pay any Other Taxes payable on account of any obligation of such Loan Party to the relevant Governmental Authority in accordance with applicable law. |
(a) fees shall cease to accrue on the unfunded portion of the Commitment of such Defaulting Lender pursuant to Section 2.13(a); |
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(ii) if the reallocation described in clause (i) above cannot, or can only partially, be effected, the applicable Borrower shall within one (1) Business Day following notice by the Administrative Agent cash collateralize such Defaulting Lender’s L/C Exposure (after giving effect to any partial reallocation pursuant to clause (i) above) in accordance with the procedures set forth in Section 2.05(j) for so long as such L/C Exposure is outstanding; |
(iii) if the applicable Borrower cash collateralizes any portion of such Defaulting Lender’s LC Exposure pursuant to this Section 2.24(c), the Borrower shall not be required to pay any fees to such Defaulting Lender pursuant to Section 2.13(b) with respect to such Defaulting Lender’s L/C Exposure during the period such Defaulting Lender’s L/C Exposure is cash collateralized; |
(iv) if the L/C Exposure of the non-Defaulting Lenders is reallocated pursuant to this Section 2.24(c), then the fees payable to the Lenders pursuant to Section 2.13(a) and Section 2.13(a) shall be adjusted in accordance with such non-Defaulting Lenders’ Revolving Facility Percentages; or |
(v) if any Defaulting Lender’s L/C Exposure is neither cash collateralized nor reallocated pursuant to this Section 2.24(c), then, without prejudice to any rights or remedies of the Issuing Bank or any Lender hereunder, all Commitment Fees that otherwise would have been payable to such Defaulting Lender (solely with respect to the portion of such Defaulting Lender’s Commitment that was utilized by such L/C Exposure) under Section 2.13(a) and letter of credit fees payable under Section 2.13(b) with respect to such Defaulting Lender’s L/C Exposure shall be payable to the Issuing Bank until such L/C Exposure is cash collateralized and/or reallocated. |
(ii) if the reallocation described in clause (i) above cannot, or can only partially, be effected, then the Domestic Borrower shall within one (1) Business Day following notice by the Administrative Agent cash collateralize such Defaulting Lender’s Swingline Exposure (after giving effect to any partial reallocation pursuant to clause (i) above) in accordance with the procedures set forth in Section 7.01 for so long as such Swingline Exposure is outstanding; or |
(iii) if the Swingline Exposure of the non-Defaulting Lenders is reallocated pursuant to this Section 2.24(d), then the fees payable to the Lenders pursuant to 66
Section 2.13(a) and Section 2.13(b) shall be adjusted in accordance with such non-Defaulting Lenders’ Revolving Facility Percentages (calculated without regard to such Defaulting Lender’s Commitment). |
In the event that the Administrative Agent, the Borrower, the Swingline Lender and the Issuing Bank each agrees that a Defaulting Lender has adequately remedied all matters that caused such Defaulting Lender to be a Defaulting Lender, then the L/C Exposure of the non-Defaulting Lenders shall be readjusted to reflect the inclusion of such Defaulting Lender’s Commitment and on such date such Defaulting Lender shall purchase at par such of the Revolving Facility Loans of the other Lenders as the Administrative Agent shall determine may be necessary in order for such Defaulting Lender to hold such Revolving Facility Loans in accordance with its Revolving Facility Percentage.
Each of the Borrowers represents and warrants to each of the Lenders with respect to itself and each of its respective Subsidiaries that:
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(b) Schedule 3.17(b) lists completely and correctly as of the Closing Date each Real Property leased by the Borrowers and the Subsidiary Loan Parties, the address or location thereof. |
The obligations of (a) the Lenders (including the Swingline Lenders) to make Loans and (b) any Issuing Bank to issue Letters of Credit or increase the stated amounts of Letters of Credit hereunder (each, a “Credit Event”) are subject to the satisfaction of the following conditions:
Section 4.01 All Credit Events. On the date of each Borrowing and on the date of each issuance, amendment, extension or renewal of a Letter of Credit: |
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Each Borrowing and each issuance, amendment, extension or renewal of a Letter of Credit (other than an amendment, extension or renewal of a Letter of Credit without any increase in the stated amount of such Letter of Credit) made by any Borrower shall be deemed to constitute a representation and warranty by such Borrower on the date of such Borrowing, issuance, amendment, extension or renewal as applicable, as to the matters specified in paragraphs (b) and (c) of this Section 4.01.
(d) The Administrative Agent shall have received, in the case of each Loan Party, each of the items referred to in clauses (i), (ii), (iii) and (iv) below: |
(ii) a certificate of the Secretary or Assistant Secretary or similar officer of each Loan Party, in each case dated the Closing Date and certifying: |
(A) | that attached thereto is a true and complete copy of the by-laws (or partnership agreement, memorandum and articles of association, limited liability company agreement or other equivalent governing documents) of such Loan Party as in effect on the Closing Date and at all times since a date prior to the date of the resolutions described in clause (B) below, |
(C) | that the certificate or articles of incorporation, partnership agreement or limited liability agreement of such Loan Party has not been amended since the date of the last amendment thereto disclosed pursuant to clause (i) above, |
(D) | as to the incumbency and specimen signature of each officer executing any Loan Document or any other document delivered in connection herewith on behalf of such Loan Party, and |
(E) | as to the absence of any pending proceeding for the dissolution or liquidation of such Loan Party or, to the knowledge of such Person, threatening the existence of such Loan Party; |
(iv) such other documents as the Administrative Agent may reasonably request (including without limitation, tax identification numbers and addresses). |
(e) The Collateral and Guarantee Requirement with respect to items to be completed as of the Closing Date shall have been satisfied. |
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(i) There has not been any Material Adverse Effect, after giving effect to the Transactions, taken as a whole, since December 31, 2012. |
(l) The Administrative Agent shall have received a certificate signed by a Responsible Officer of the Domestic Borrower as to the matters set forth in clauses (g), (i), and (j) of this Section 4.02. |
The Administrative Agent shall notify the Borrower and the Lenders of the Closing Date, and such notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 12.02) at or prior to 2:00 p.m., New York City time, on October 1, 2013 (and, in the event such conditions are not so satisfied or waived, the Commitments shall terminate at such time).
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(a) The Administrative Agent (or its counsel) shall have received a counterpart of the Credit Agreement Supplement signed on behalf of such Borrower, in substantially the form of Exhibit H hereto. |
Each of the Borrowers covenants and agrees with each Lender that so long as this Agreement shall remain in effect and until the commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document shall have been paid in full and all Letters of Credit have been canceled or have expired and all amounts drawn thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in writing, each the Borrowers will, and will cause each of their Subsidiaries to:
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(f) In connection with the covenants set forth in this Section 5.02, it is understood and agreed that: |
(i) none of the Agents, the Lenders, the Issuing Bank and their respective agents or employees shall be liable for any loss or damage insured by the insurance policies required to be maintained under this Section 5.02, it being understood that (A) each Borrower and the other Loan Parties shall look solely to their insurance companies or any parties other than the aforesaid parties for the recovery of such loss or damage and (B) such insurance companies shall have no rights of subrogation against the Agents, the Lenders, any Issuing Bank or their agents or employees. If, however, the insurance policies do not provide waiver of subrogation rights against such parties, as required above, then each of the Borrowers hereby agree, to the extent permitted by law, to waive, and to cause each of their Subsidiaries to waive, its right of recovery, if any, against the Agents, the Lenders, any Issuing Bank and their agents and employees; and |
(ii) the designation of any form, type or amount of insurance coverage by the Administrative Agent, the Collateral Agent under this Section 5.02 shall in no event be deemed a representation, warranty or advice by the Administrative Agent, the Collateral Agent or the Lenders that such insurance is adequate for the purposes of the business of the Borrowers and their Subsidiaries or the protection of their properties. |
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Section 5.04 Financial Statements, Reports, etc. Furnish to the Administrative Agent (which will promptly furnish such information to the Lenders): |
Section 5.05 Litigation and Other Notices. Furnish to the Administrative Agent written notice of the following promptly after any Responsible Officer of any Borrower obtains actual knowledge thereof: |
(a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto; |
(d) the occurrence of any ERISA Event, that, together with all other ERISA Events that have occurred could reasonably be expected to have a Material Adverse Effect. |
(a) Comply with all laws, rules, regulations and orders of any Governmental Authority applicable to it or its property (owned or leased), except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect; provided that this Section 5.06(a) shall not apply to Environmental Laws, which are the subject of Section 5.09, or to laws related to Taxes, which are the subject of Section 5.03. |
(b) Maintain in effect and enforce policies and procedures designed to ensure compliance in all material respects by the Borrower, its Subsidiaries and their respective directors, officers, employees and agents with (i) the Foreign Corrupt Practices Act of 1977, as amended, (15 U.S.C. §§ 78dd-1, et seq.) and (ii) any Sanctions, except (x) in the case of Foreign Subsidiaries, to the extent such laws or regulations do not apply or (y) as authorized by a Sanctions Authority in writing. |
Section 5.08 Use of Proceeds. Use the proceeds of the Loans and the issuance of Letters of Credit solely for the purposes described in Section 3.11. |
Section 5.011 Fiscal Year. In the case of the Domestic Borrower and the Subsidiaries, cause their fiscal year to end on December 31. |
Each of the Borrowers covenants and agrees with each Lender that, so long as this Agreement shall remain in effect and until the Commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document have been paid in full and all Letters of Credit have been canceled or have expired and all amounts drawn thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in writing, none of the Borrowers will, or will cause or permit any of their Subsidiaries to:
(c) Indebtedness of the Domestic Borrower and the Subsidiaries pursuant to Swap Agreements permitted by Section 6.13; |
(j) Capital Lease Obligations incurred by the Domestic Borrower or any Subsidiary in respect of any Sale and Lease-Back Transaction that is permitted under Section 6.03; |
(k) other Indebtedness, in an aggregate principal amount at any time outstanding pursuant to this paragraph (k) not in excess of $100.0 million; |
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(p) Indebtedness in respect of letters of credit or bank guarantees (other than Letters of Credit issued pursuant to Section 2.05) having an aggregate face amount not in excess of $400.0 million; |
(q) Indebtedness supported by a Letter of Credit, in a principal amount not in excess of the stated amount of such Letter of Credit; |
(t) all premium (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on obligations described in paragraphs (a) through (s) above; |
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(b) any Lien created under the Loan Documents or permitted in respect of any Mortgaged Property by the terms of the applicable Mortgage; |
(d) Liens for Taxes, assessments or other governmental charges or levies not yet delinquent or that are being contested in compliance with Section 5.03; |
(o) any interest or title of, or Liens created by, a lessor under any leases or subleases entered into by the Domestic Borrower or any Subsidiary, as tenant, in the ordinary course of business; |
(q) Liens arising solely by virtue of any statutory or common law provision relating to banker’s liens, rights of set-off or similar rights; |
(t) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods; |
(w) Liens solely on any cash earnest money deposits made by the Domestic Borrower or any of the Subsidiaries in connection with any letter of intent or purchase agreement permitted hereunder; |
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(aa) Liens on inventory in favor of customers up to the amount of such customer's progress payments that are netted in determining the net inventory balance in accordance with GAAP. |
Notwithstanding the foregoing, no Liens shall be permitted to exist, directly or indirectly, on (1) Pledged Collateral, other than Liens in favor of the Collateral Agent and Liens permitted by Section 6.02(d), (e), (q) or (z), or (2) Mortgaged Property, in each case, other than Liens in favor of the Collateral Agent, Prior Liens and Permitted Encumbrances.
(c) Investments arising out of the receipt by the Domestic Borrower or any Subsidiary of non-cash consideration for the sale of assets permitted under Section 6.05; |
(g) Investments existing on the Closing Date and set forth on Part I of Schedule 6.04 and Investments set forth on Part II of Schedule 6.04; |
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(r) Investments in joint ventures after the Closing Date not to exceed $350 million, other than those investments disclosed in writing on Schedule 6.04. |
(a) the sale of inventory, supplies, materials and equipment and the purchase and sale of contract rights or licenses or leases of intellectual property, in each case in the ordinary course of business by the Domestic Borrower or any Subsidiary, the sale of any other asset in the ordinary course of business by the Domestic Borrower or any Subsidiary, the sale of surplus, obsolete or worn out equipment or other property in the ordinary course of business by the Domestic Borrower or any Subsidiary; the sale of Permitted Investments in the ordinary course of business; the Spanish Borrower may merge or consolidate into, or transfer all of its assets to, a direct or indirect parent company of the Spanish Borrower incorporated under the laws of Spain, provided that such entity assumes all of the obligations of 95
the Spanish Borrower under the Loan Documents pursuant to documentation reasonably satisfactory to the European Administrative Agent, and upon such assumption, such entity shall be the “Spanish Borrower” for all purposes under the Loan Documents. |
(e) Investments permitted by Section 6.04, Liens permitted by Section 6.02 and dividends permitted by Section 6.06; |
(f) the purchase and sale or other transfer (including by capital contribution) of Receivables Assets pursuant to Permitted Receivables Financings; |
(g) the sale of defaulted receivables in the ordinary course of business and not as part of an accounts receivables financing transaction; |
(j) licensing and cross-licensing arrangements involving any technology or other intellectual property of any Borrower or any Subsidiary in the ordinary course of business; |
Notwithstanding anything to the contrary contained in Section 6.05 above, the Domestic Borrower shall at all times own, directly or indirectly, at least 85% of the Equity Interests of each other Borrower, in each case, free and clear of any Liens other than the Liens created by the Security Documents, no sale, transfer or other disposition of assets shall be permitted by this Section 6.05 (other than sales, transfers, leases or other dispositions to Loan Parties pursuant to paragraph (c) hereof and purchases, sales or transfers pursuant to paragraph (f) hereof) unless such disposition is for fair market value, no sale, transfer or other disposition of assets shall be permitted by paragraph (a), (d), (f) or (k) of this Section 6.05 unless such disposition is for at least 75% cash consideration and (vii) no sale, transfer or other disposition of assets in excess of $10.0 million shall be permitted by paragraph (h) of this Section 6.05 unless such disposition is for at least 75% cash consideration; provided that for purposes of clauses (ii) and (iii), the amount of any secured Indebtedness or other Indebtedness of a Subsidiary that is not a Loan Party (as shown on the Domestic Borrower’s or such Subsidiary’s most recent balance sheet or in the notes thereto) of the Domestic Borrower or any Subsidiary of the Domestic Borrower that is assumed by the transferee of any such assets shall be deemed cash.
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(c) non-cash repurchases of Equity Interests deemed to occur upon exercise of stock options if such Equity Interests represent a portion of the exercise price of such options; |
(g) the Domestic Borrower may repurchase, redeem or otherwise acquire or retire for value any Equity Interests of the Domestic Borrower up to $130.0 million in respect of a share repurchase program. |
(b) The foregoing paragraph (a) shall not prohibit, to the extent otherwise permitted under this Agreement, |
(i) any issuance of securities, or other payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment arrangements, stock options, stock ownership plans and the granting and performance of registration rights approved by the Board of Directors of the Domestic Borrower, |
(ii) transactions among the Borrowers and the Loan Parties and transactions among the non-Loan Parties otherwise permitted by this Agreement, |
(iii) any indemnification agreement or any similar arrangement entered into with directors, officers, consultants and employees of the Domestic Borrower and the Subsidiaries in the ordinary course of business and the payment of fees and indemnities to directors, officers, consultants and employees of the Domestic Borrower and the Subsidiaries in the ordinary course of business, |
(iv) transactions pursuant to permitted agreements in existence on the Closing Date and set forth on Schedule 6.07 or any amendment thereto to the extent such amendment is not adverse to the Lenders in any material respect, |
(v) any employment agreement or employee benefit plan entered into by the Domestic Borrower or any of the Subsidiaries in the ordinary course of business or consistent with past practice and payments pursuant thereto, |
(vi) transactions otherwise permitted under Section 6.04 and Section 6.06, |
(vii) any contribution by the Domestic Borrower to, or purchase by the Domestic Borrower of, the equity capital of any Borrower; provided that any Equity Interests of any Borrower purchased by the Domestic Borrower shall be pledged to the Collateral Agent on behalf of the Lenders pursuant to the applicable Collateral Agreement, |
(viii) [Reserved], |
(ix) transactions with any Affiliate for the purchase or sale of goods, products, parts and services entered into in the ordinary course of business in a manner consistent with past practice, |
(x) any transaction in respect of which the Domestic Borrower delivers to the Administrative Agent (for delivery to the Lenders) a letter addressed to the Board of Directors of the Domestic Borrower from an accounting, appraisal or 99
investment banking firm, in each case of nationally recognized standing that is (A) in the good faith determination of the Domestic Borrower qualified to render such letter and (B) reasonably satisfactory to the Administrative Agent, which letter states that such transaction is on terms that are no less favorable to the Domestic Borrower or such Subsidiary, as applicable, than would be obtained in a comparable arm’s-length transaction with a Person that is not an Affiliate, |
(xi) transactions pursuant to any Permitted Receivables Financing, |
(xii) [Reserved], |
(xiii) so long as not otherwise prohibited under this Agreement, guarantees of performance by the Domestic Borrower or any Subsidiary of any other Subsidiary or the Domestic Borrower that are not a Loan Party in the ordinary course of business, except for guarantees of Indebtedness in respect of borrowed money; and |
(xiv) if such transaction is with a Person in its capacity as a holder (A) of Indebtedness of the Domestic Borrower or any Subsidiary where such Person is treated no more favorably than the other holders of Indebtedness of the Domestic Borrower or any Subsidiary or (B) of Equity Interests of the Domestic Borrower or any Subsidiary where such Person is treated no more favorably than the other holders of Equity Interests of the Domestic Borrower or any Subsidiary. |
(i) Amend or modify, or permit the amendment or modification of, any provision of any 2021 Senior Subordinated Note or any Permitted Senior Debt 100
Securities or Permitted Subordinated Debt Securities, any Permitted Receivables Document or any agreement (including any 2021 Senior Subordinated Notes Document or any document relating to any Permitted Senior Debt Securities or Permitted Subordinated Debt Securities) relating thereto, other than (A) in respect of the 2021 Second Supplemental Indenture and (B) amendments or modifications that are not in any manner materially adverse to Lenders and that do not affect the subordination provisions thereof (if any) in a manner adverse to the Lenders. |
(A) | restrictions imposed by applicable law; |
(B) | restrictions contained in any Permitted Receivables Document with respect to any Special Purpose Receivables Subsidiary; |
(C) | contractual encumbrances or restrictions in effect on the Closing Date under (1) any 2021 Senior Subordinated Note Document or (2) any agreements related to any permitted renewal, extension or refinancing of any Indebtedness existing on the Closing Date that does not expand the scope of any such encumbrance or restriction; |
(D) | restrictions imposed by any Permitted Senior Debt Securities that are substantially similar to restrictions set forth in the Credit Agreement; |
(E) | any restriction on a Subsidiary imposed pursuant to an agreement entered into for the sale or disposition of all or substantially all the Equity Interests or assets of a Subsidiary pending the closing of such sale or disposition; |
(F) | customary provisions in joint venture agreements and other similar agreements applicable to joint ventures entered into in the ordinary course of business; |
(G) | any restrictions imposed by any agreement relating to secured Indebtedness permitted by this Agreement to the extent that such restrictions apply only to the property or assets securing such Indebtedness; |
(H) | customary provisions contained in leases or licenses of intellectual property and other similar agreements entered into in the ordinary course of business; |
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(I) | customary provisions restricting subletting or assignment of any lease governing a leasehold interest; |
(J) | customary provisions restricting assignment of any agreement entered into in the ordinary course of business; |
(K) | customary restrictions and conditions contained in any agreement relating to the sale of any asset permitted under Section 6.05 pending the consummation of such sale; or |
(L) | any agreement in effect at the time such Subsidiary becomes a Subsidiary, so long as such agreement was not entered into in contemplation of such Person becoming a Subsidiary. |
Section 6.011 Interest Coverage Ratio. Permit the Interest Coverage Ratio on the last day of any fiscal quarter ending after the Closing Date, to be less than 3:00 to 1:00. |
Section 6.012 Leverage Ratio. Permit the Leverage Ratio on the last day of any fiscal quarter ending after the Closing Date, to be in excess of 4.00 to 1.00. |
Section 7.01 Events of Default. In case of the happening of any of the following events (“Events of Default”): |
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then, and in every such event (other than an event with respect to any Borrower described in paragraph (h), (i) or (l) above), and at any time thereafter during the continuance of such event, the Administrative Agent, at the request of the Required Lenders, shall, by notice to the Borrowers, take any or all of the following actions, at the same or different times: (i) terminate forthwith the Commitments, (ii) declare the Loans then outstanding to be forthwith due and payable in whole or in part, whereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrowers accrued hereunder and under any other Loan Document, shall become forthwith due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Borrowers, anything contained herein or in any other Loan Document to the contrary notwithstanding and (iii) demand cash collateral pursuant to Section 2.05(j); and in any event with respect to the Borrowers described in paragraph (h), (i) or (l) above, the Commitments shall automatically terminate, the principal of the Loans then outstanding, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrowers accrued hereunder and under any other Loan Document, shall automatically become due and payable and the Administrative Agent shall be deemed to have made a demand for cash collateral to the full extent permitted under Section 2.05(j), without presentment, demand, protest or any other notice of any kind, all of which are hereby
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expressly waived by the Borrowers, anything contained herein or in any other Loan Document to the contrary notwithstanding.
(i) if to the Domestic Borrower, to it at Dresser-Rand Group Inc., 1200 W. Sam Houston Parkway N., Houston, TX 77043, Attention: Robert Saltarelli (telecopy: 713.935.3880) (e-mail: rsaltarelli@dresser-rand.com); |
(ii) if to the Spanish Borrower, to it at Grupo Guascor, S.L. c/o Dresser-Rand Group Inc., 1200 W. Sam Houston Parkway N., Houston, TX 77043, Attention: Robert Saltarelli (telecopy: 713.935.3880) (e-mail: rsaltarelli@dresser-rand.com); |
(iii) if to the Administrative Agent, to JPMorgan Chase Bank, N.A., 10 South Dearborn, 7th Floor, Chicago, IL, 60603, Attention: Sherese Cork (telecopy: 888.303.9732) (e-mail: jpm.agency.servicing.1@jpmchase.com); |
(iv) if to the European Administrative Agent, to J.P. Morgan Europe Limited, 25 Bank Street, Canary Wharf, London E14 5JP, Attention: Manager (telecopy: 44.207.777.2360) (email: loan_and_agency_london@jpmorgan.com); and |
(v) if to an Issuing Bank, to it at the address or telecopy number set forth separately in writing. |
(d) Any party hereto may change its address or telecopy number for notices and other communications hereunder by notice to the other parties hereto. |
(A) | the Borrowers; provided, that no consent of any Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other assignee (provided that any liability of the Borrowers to an assignee that is an Approved Fund or Affiliate of the assigning Lender under Section 2.16, 2.18 or 2.21 shall be limited to the amount, if any, that would have been payable hereunder by the Borrowers in the absence of such assignment); |
(B) | the Administrative Agent and the Swingline Lenders; provided that no consent of the Administrative Agent or the Swingline Lenders, as applicable, shall be required for an assignment of a Revolving Facility Commitment to an assignee that is a Lender immediately prior to giving effect to such assignment; and |
(C) | any such assignment shall be made ratably among the Revolving Facility, the Euro Revolving Facility and the Term Facility. |
(A) | except in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, an assignment of the entire remaining amount of the assigning Lender’s Commitment or contemporaneous assignments to related Approved Funds that equal at least $5.0 million in the aggregate, the amount of the commitment of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent) shall not be less than $5.0 million, unless each of the Borrowers and the Administrative Agent otherwise consent; provided that no such consent of the Borrowers shall be required if an Event of Default has occurred and is continuing; |
(B) | each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement; |
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(C) | the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance, together with a processing and recordation fee of $3,500.00; provided that no such recordation fee shall be due in connection with an assignment to an existing Lender or Affiliate of a Lender or an Approved Fund of such Lender or an assignment by the Administrative Agent and provided further that only one such fee shall be payable in connection with contemporaneous assignments to related Approved Funds; |
(D) | the assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire; and |
(E) | no such assignment shall be made to the Domestic Borrower or any of its Subsidiaries. |
For purposes of this Section 9.04(b), the term “Approved Fund” shall have the following meaning:
“Approved Fund” shall mean any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course and that is administered or managed by a Lender, an Affiliate of a Lender or an entity or an Affiliate of an entity that administers or manages a Lender.
(vii) Subject to acceptance and recording thereof pursuant to paragraph (b)(iv) of this Section, from and after the effective date specified in each Assignment and Acceptance the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Acceptance, have the rights and obligations of a Lender under this Agreement, and the assigning Lender hereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.16, 2.17, 2.18 and 9.05). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 9.04 shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with paragraph (c) of this Section. |
(ix) Upon its receipt of a duly completed Assignment and Acceptance executed by an assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) of this Section and any written consent to such assignment required by paragraph (b) of this Section, the Administrative Agent shall accept such Assignment and Acceptance and record the information contained therein in the Register. No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph. |
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provided further that no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent or an Issuing Bank hereunder without the prior written consent of the Administrative Agent or such Issuing Bank acting as such at the effective date of such agreement, as applicable. Each Lender shall be bound by any waiver, amendment or modification authorized by this Section 9.08 and any consent by any Lender pursuant to this Section 9.08 shall bind any assignee of such Lender.
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(i) Each Loan Party hereby agrees that it will use all reasonable efforts to provide to the Administrative Agent all information, documents and other materials that it is obligated to furnish to the Administrative Agent pursuant to this Agreement and any other Loan Document, including, without limitation, all notices, requests, financial statements, financial and other reports, certificates and other information materials, but excluding any such communication that (A) relates to a request for a new, or a conversion of an existing, borrowing or other extension of credit (including any election of an interest rate or interest period relating thereto), (B) relates to the payment of any principal or other amount due under this Agreement prior to the scheduled date therefor, (C) provides notice of any Default or Event of Default under this Agreement or (D) is required to be delivered to satisfy any condition precedent to the effectiveness of this Agreement and/or any borrowing or other extension of credit hereunder (all such non-excluded communications collectively, the “Communications”), by transmitting the Communications in an electronic/soft medium in a format reasonably acceptable to the Administrative Agent to Intralinks. Nothing in this Section 9.17 shall prejudice the right of the Agents, the Co-Syndication Agents, the Joint Lead Arrangers or any Lender or any Loan Party to give any notice or other communication pursuant to this Agreement or any other Loan Document in any other manner specified in this Agreement or any other Loan Document. |
(ii) The Administrative Agent agrees that receipt of the Communications by the Administrative Agent at its e mail address set forth above shall constitute effective delivery of the Communications to the Administrative Agent for purposes of the Loan Documents. Each Lender agrees that notice to it (as provided in the next sentence) specifying that the Communications have been posted to the Platform (as defined below) shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Documents. Each Lender agrees (A) to notify the Administrative Agent in writing (including by electronic communication) from time to time of such Lender’s e mail address to which the foregoing notice may be sent by electronic transmission and (B) that the foregoing notice may be sent to such e mail address. |
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(a) In the event that any Loan Party conveys, sells, leases, assigns, transfers or otherwise disposes of all or any portion of any of the Equity Interests or assets of any Subsidiary Loan Party (other than the Equity Interests of a Borrower) to a Person that is not (and is not required to become) a Loan Party in a transaction not prohibited by Section 6.05, the Administrative Agent and the Collateral Agent shall promptly (and the Lenders hereby authorize the Administrative Agent and the Collateral Agent to) take such action and execute any such documents as may be reasonably requested by the Borrowers and at the Borrowers’ expense to release any Liens created by any Loan Document in respect of such Equity Interests, and, in the case of a disposition of the Equity Interests of any Subsidiary Loan Party that is not a Borrower in a transaction permitted by Section 6.05 and as a result of which such Subsidiary Loan Party would cease to be a Subsidiary, terminate such Subsidiary Loan Party’s obligations under its Guarantee. In addition, the Administrative Agent and the Collateral Agent agree to take such actions as are reasonably requested by the Borrowers and at the Borrowers’ expense to terminate the Liens and security interests created by the Loan Documents when all the Obligations are paid in full and all Letters of Credit and Commitments are terminated. Any representation, warranty or covenant contained in any Loan Document relating to any such Equity Interests, asset or Subsidiary of the Domestic Borrower shall no longer be deemed to be made once such Equity Interests or asset is so conveyed, sold, leased, assigned, transferred or disposed of. |
(b) The Lenders hereby authorize the Administrative Agent and the Collateral Agent to take such action and execute any such documents as may be reasonably requested by the Borrowers and at the Borrowers’ expense to effectuate the release of the French Loan Parties (as defined in the Existing Credit Agreement) from their obligations under the Existing Credit Agreement, including (i) the release of any Liens created by any French Collateral Documents 123
and (ii) the termination of any any French Subsidiary Loan Party’s obligation under its Guarantee. |
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(i) no Foreign Subsidiary or any Domestic Subsidiary substantially all of whose assets consist of the Equity Interests in “controlled foreign corporations” under Section 957 of the Code shall guarantee or support any Obligation of any Domestic Loan Party; |
(ii) no security or similar interest shall be granted in the assets of any Foreign Subsidiary or any Domestic Subsidiary substantially all of whose assets consist of the Equity Interests in “controlled foreign corporations under Section 957 of the Code (including indirectly by way of an offset or otherwise) which security or similar interests guarantees or supports any Obligation of any Domestic Loan Party; |
(b) no Subsidiary shall guarantee or support any Obligation of any Loan Party if such guarantee or support would contravene the Agreed Security Principles; |
(i) no security or similar interest shall be granted in the assets of any Foreign Subsidiary (including indirectly by way of an offset or otherwise) which security or similar interest guarantees or supports any Obligation of any Foreign Loan Party unless such Foreign Subsidiary directly owns or is owned directly by such Foreign Loan Party and is organized under the same jurisdiction as such Foreign Loan Party. |
The parties hereto agree that any pledge, guaranty or security or similar interest made or granted in contravention of this Section 9.23 shall be void ab initio.
Section 9.024 Matters Pertaining to Foreign Borrowers and Any Additional Foreign Borrower Organized Under the Laws of France or Spain. |
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(e) The Spanish Borrower and any Additional Foreign Borrower organized under the laws of Spain (if any) undertake that the notarial document(s) shall: |
(f) For the purpose of Art. 571 et seq. of the Civil Procedural Act, the Loan Parties hereby agree that: |
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[Signature Pages Follow]
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first written above.
DRESSER RAND GROUP INC.,
as the Domestic Borrower
By: /s/ Robert J. Saltarelli
Name: Robert J. Saltarelli
Title: Vice President and Treasurer
GRUPO GUASCOR, S.L.
as the Spanish Borrower
By: /s/ Robert J. Saltarelli
Name: Robert J. Saltarelli
Title: Director and Authorized Signatory
[Signature Page to Dresser-Rand Credit Agreement]
JPMorgan Chase Bank, N.A.,
as Administrative Agent and as Lender
By: /s/ Preeti Yeung
Name: Preeti Yeung
Title: Authorized Officer
[Signature Page to Dresser-Rand Credit Agreement]
J.P. Morgan Europe Limited,
as European Administrative Agent
By: /s/ Altan Kayaalp
Name: Altan Kayaalp
Title: Executive Director
[Signature Page to Dresser-Rand Credit Agreement]
Bank of America, N.A.,
as Co-Syndication Agent and as Lender
By: /s/ David A. Batson
Name: David A. Batson
Title: Senior Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Commerzbank AG, New York and Grand Cayman Branch,
as Co-Syndication Agent and as Lender
By: /s/ Matthew Havens
Name: Matthew Havens
Title: Vice President
By: /s/ Diane Pockaj
Name: Diane Pockaj
Title: Managing Director
[Signature Page to Dresser-Rand Credit Agreement]
DNB Bank ASA, New York Branch,
as Co-Syndication Agent
By: /s/ Colleen Durkin
Name: Colleen Durkin
Title: Senior Vice President
By: /s/ Florianne Robin
Name: Florianne Robin
Title: Vice President
DNB Capital LLC,
as a Revolving Facility & Term Facility Lender
By: /s/ Colleen Durkin
Name: Colleen Durkin
Title: Senior Vice President
By: /s/ Florianne Robin
Name: Florianne Robin
Title: Vice President
DNB Bank ASA, Grand Cayman Branch,
as a Euro Revolving Facility Lender
By: /s/ Colleen Durkin
Name: Colleen Durkin
Title: Senior Vice President
By: /s/ Florianne Robin
Name: Florianne Robin
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Sovereign Bank, N.A.
as Co-Syndication Agent and as Lender
By: /s/ Arlene Pedovitch
Name: Arlene Pedovitch
Title: Senior Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Wells Fargo Bank, N.A.,
as Co-Syndication Agent and as Lender
By: /s/ Robert Corder
Name: Robert Corder
Title: Director
[Signature Page to Dresser-Rand Credit Agreement]
The Bank of Tokyo-Mitsubishi UFJ, Ltd.,
as Revolving Facility Lender, Delayed Draw Lender, and Term Facility Lender
By: /s/ Maria Ferradas
Name: Maria Ferradas
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
The Bank of Tokyo-Mitsubishi UFJ, Ltd.,
as Euro Revolving Facility Lender
By: /s/ Ignacio Asin
Name: Ignacio Asin
Title: Head of Corporate Finance - Madrid
[Signature Page to Dresser-Rand Credit Agreement]
Compass Bank,
as a Lender
By: /s/ Susana Campuzano
Name: Susana Campuzano
Title: Senior Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Citibank, N.A.,
as a Lender
By: /s/ Susan K. Manuelle
Name: Susan K. Manuelle
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
HSBC Bank USA, N.A.,
as a Lender
By: /s/ Jay Fort
Name: Jay Fort
Title: Senior Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Sumitomo Mitsui Banking Corporation,
as a Lender
By: /s/ James D. Weinstein
Name: James D. Weinstein
Title: Managing Director
[Signature Page to Dresser-Rand Credit Agreement]
Barclays Bank PLC,
as a Lender
By: /s/ Tom Burton
Name: Tom Burton
Title: Vice President, Debt Finance
[Signature Page to Dresser-Rand Credit Agreement]
U.S. Bank National Association,
as a Lender
By: /s/ John M. Eyerman
Name: John M. Eyerman
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Branch Banking and Trust Co.,
as a Lender
By: /s/ Elizabeth Willis
Name: Elizabeth Willis
Title: Assistant Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Comerica Bank,
as a Lender
By: /s/ L.J. Perenyi
Name: L.J. Perenyi
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Morgan Stanley Bank International Limited,
as a Lender
By: /s/ Nauman Ansari
Name: Nauman Ansari
Title: Executive Director
[Signature Page to Dresser-Rand Credit Agreement]
Morgan Stanley Bank, N.A.,
as a Lender
By: /s/ Kelly Chin
Name: Kelly Chin
Title: Authorized Signatory
[Signature Page to Dresser-Rand Credit Agreement]
The Northern Trust Company,
as a Lender
By: /s/ Keith L. Burson
Name: Keith L. Burson
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
Banco Bilbao Vizcaya Argentaria, S.A.,
as a Lender
By: /s/ Emilio Lopez Fernandez
Name: Emilio Lopez Fernandez
Title: Vice President
By: /s/ Paola Pellegrini
Name: Paola Pellegrini
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
The Bank of Nova Scotia,
as a Lender
By: /s/ J. Frazell
Name: J. Frazell
Title: Director
[Signature Page to Dresser-Rand Credit Agreement]
Capital One, National Association
as a Lender
By: /s/ Juan Trejo
Name: Juan Trejo
Title: Vice President
[Signature Page to Dresser-Rand Credit Agreement]
UniCredit Bank AG, New York Branch,
as a Lender
By: /s/ Thomas Dusch
Name: Thomas Dusch
Title: Managing Director
By: /s/ Umberto Serrano
Name: Umberto Serrano
Title:Director
[Signature Page to Dresser-Rand Credit Agreement]
BNP PARIBAS,
as a Lender
By: /s/ Sriram Chandrasekaran
Name: Sriram Chandrasekaran
Title: Vice President
By: /s/ Julien Pecoud-Bouvet
Name: Julien Pecoud-Bouvet
Title: Associate
[Signature Page to Dresser-Rand Credit Agreement]
Standard Chartered Bank
as a Lender
By: /s/ Johanna Minaya
Name: Johanna Minaya
Title: Associate Director, Capital Markets
By: /s/ Robert K. Reddington
Name: Robert K. Reddington
Title: Credit Documentation Manager,
Credit Documentation Unit, WB Legal-Americas
[Signature Page to Dresser-Rand Credit Agreement]
Schedule 1.01(a)
Certain Subsidiaries
Dresser-Rand Holding (Delaware) LLC
Schedule 2.01
Revolving Facility Commitments, Euro Revolving Facility Commitments and Term Facility Credit Exposure
Revolving Facility Commitments
Name of Lender | Applicable Percentage | Maximum Credit Amount |
JPMorgan Chase Bank, N.A. | 7.0454545% | $ 77,500,000.00 |
DNB Capital LLC | 6.7272727% | $ 74,000,000.00 |
Sumitomo Mitsui Banking Corporation | 6.7272727% | $ 74,000,000.00 |
Wells Fargo Bank, N.A. | 6.5454545% | $ 72,000,000.00 |
Bank of America, N.A. | 6.4090909% | $ 70,500,000.00 |
Commerzbank AG, New York and Grand Cayman Branch | 6.4090909% | $ 70,500,000.00 |
Sovereign Bank | 6.0000000% | $ 66,000,000.00 |
Citibank, N.A. | 5.7272727% | $ 63,000,000.00 |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. | 5.6363636% | $ 62,000,000.00 |
U.S. Bank National Association | 5.2727273% | $ 58,000,000.00 |
HSBC Bank USA, N.A. | 5.0000000% | $ 55,000,000.00 |
The Bank of Nova Scotia | 5.0000000% | $ 55,000,000.00 |
Compass Bank | 4.3636364% | $ 48,000,000.00 |
Morgan Stanley Bank International Limited and Morgan Stanley Bank, N.A. | 3.8181818% | $ 42,000,000.00 |
CapitalOne, N.A. | 3.8181818% | $ 42,000,000.00 |
Standard Chartered Bank | 3.4545455% | $ 38,000,000.00 |
Barclays Bank PLC | 3.1818182% | $ 35,000,000.00 |
The Northern Trust Company | 2.0909091% | $ 23,000,000.00 |
Branch Banking and Trust Co. | 1.8181818% | $ 20,000,000.00 |
BNP Paribas | 1.8181818% | $ 20,000,000.00 |
UniCredit Bank AG, New York Branch | 1.8181818% | $ 20,000,000.00 |
Comerica Bank | 1.3181818% | $ 14,500,000.00 |
|
|
|
TOTAL | 100.00% | $ 1,100,000,000.00 |
Euro Revolving Facility Commitments
Name of Lender | Applicable Percentage | Maximum Credit Amount |
J.P. Morgan Securities Limited | 13.90% | € 6,950,000.00 |
DNB Bank ASA, Grand Cayman Branch | 13.90% | € 6,950,000.00 |
Wells Fargo Bank, N.A. | 13.90% | € 6,950,000.00 |
Bank of America, N.A. | 13.90% | € 6,950,000.00 |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. | 13.90% | € 6,950,000.00 |
Banco Bilbao Vizcaya Argentaria, S.A. | 8.00% | € 4,000,000.00 |
U.S. Bank National Association | 8.00% | € 4,000,000.00 |
Barclays Bank PLC | 8.00% | € 4,000,000.00 |
HSBC Bank USA, N.A. | 6.50% | € 3,250,000.00 |
|
|
|
TOTAL | 100.00% | € 50,000,000.00 |
Tranche A Term Facility
Name of Lender | Original Credit Amount under the Existing Credit Agreement | Tranche A Term Facility Credit Exposure (as of the Closing Date) |
JPMorgan Chase Bank, N.A. | $ 14,400,000.00 | $ 13,320,000.00 |
Bank of America, N.A. | $ 13,600,000.00 | $ 12,580.000.00 |
Commerzbank AG, New York and Grand Cayman Branch | $ 13,600,000.00 | $ 12,580.000.00 |
DNB Capital LLC | $ 13,600,000.00 | $ 12,580.000.00 |
Sovereign Bank | $ 13,600,000.00 | $ 11,100,000.00 |
Wells Fargo Bank, N.A. | $ 13,600,000.00 | $ 12,580.000.00 |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. | $ 10,400,000.00 | $ 9,620,000.00 |
Compass Bank | $ 10,400,000.00 | $ 9,620,000.00 |
Citibank, N.A. | $ 10,400,000.00 | $ 9,620,000.00 |
HSBC Bank USA, N.A. | $ 10,400,000.00 | $ 9,620,000.00 |
Sumitomo Mitsui Banking Corporation | $ 10,400,000.00 | $ 9,620,000.00 |
Barclays Bank plc | $ 6,400,000.00 | $ 5,920,000.00 |
U.S. Bank National Association | $ 6,400,000.00 | $ 7,400,000.00 |
Branch Banking and Trust Co. | $ 3,200,000.00 | $ 2,960,000.00 |
Comerica Bank | $ 3,200,000.00 | $ 2,960,000.00 |
Morgan Stanley Bank, N.A. | $ 3,200,000.00 | $ 2,960,000.00 |
The Northern Trust Company | $ 3,200,000.00 | $ 2,960,000.00 |
|
|
|
TOTAL | $ 160,000,000.00 | $ 148,000,000.00 |
Tranche B Term Facility
Name of Lender | Original Credit Amount under the Existing Credit Agreement | Tranche B Term Facility Credit Exposure (as of the Closing Date) |
JPMorgan Chase Bank, N.A. | $ 21,600,000.00 | $ 14,264,721.00 |
Bank of America, N.A. | $ 20,400,000.00 | $ 13,472,236.50 |
Commerzbank AG, New York and Grand Cayman Branch | $ 20,400,000.00 | $ 13,472,236.50 |
DNB Capital LLC | $ 20,400,000.00 | $ 13,472,236.50 |
Sovereign Bank | $ 20,400,000.00 | $ 11,887,267.50 |
Wells Fargo Bank, N.A. | $ 20,400,000.00 | $ 13,472,236.50 |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. | $ 15,600,000.00 | $ 10,302,298.50 |
Compass Bank | $ 15,600,000.00 | $ 10,302,298.50 |
Citibank, N.A. | $ 15,600,000.00 | $ 10,302,298.50 |
HSBC Bank USA, N.A. | $ 15,600,000.00 | $ 10,302,298.50 |
Sumitomo Mitsui Banking Corporation | $ 15,600,000.00 | $ 10,302,298.50 |
Barclays Bank plc | $ 9,600,000.00 | $ 6,339,876.00 |
U.S. Bank National Association | $ 9,600,000.00 | $ 7,924,845.00 |
Branch Banking and Trust Co. | $ 4,800,000.00 | $ 3,169,938.00 |
Comerica Bank | $ 4,800,000.00 | $ 3,169,938.00 |
Morgan Stanley Bank, N.A. | $ 4,800,000.00 | $ 3,169,938.00 |
The Northern Trust Company | $ 4,800,000.00 | $ 3,169,938.00 |
|
|
|
TOTAL | $ 240,000,000.00 | $ 158,496,900.00 |
Schedule 2.05
Existing Letters of Credit
[See Attached]
Schedule 3.01
Organization and Good Standing
None.
Schedule 3.04
Governmental Approvals
None.
Schedule 3.07(e)
Condemnation Proceedings
None.
Schedule 3.07(g)
Subsidiaries
Name | Jurisdiction | Equity Holder(s) | % |
Dresser-Rand Machinery Repair Belgie N.V. | Belgium | Dresser-Rand Company Dresser-Rand B.V. | 99% 1% |
Dresser-Rand do Brazil Ltda. | Brazil | Dresser-Rand Holding (Delaware) LLC Dresser-Rand Asia Pacific Sdn. Bhd. | 51% 48% |
Dresser-Rand Comercio e Industria Ltda. | Brazil | Dresser-Rand Power, LLC Dresser-Rand AS | 99% 1% |
Dresser-Rand Canada, Inc. | Canada | D-R Holdings (France) S.A.S. | 100% |
D-R International Sales Inc. | Delaware | Dresser-Rand Holding (Delaware) LLC | 100% |
Dresser-Rand Engineered Equipment (Shanghai), Ltd. | China | Dresser-Rand Holding (Delaware) LLC | 100% |
Dresser-Rand Colombia Ltda. | Colombia | Dresser-Rand B.V. | 100% |
Dresser-Rand Czech, spol. s.r.o. | Czech Republic | Dresser-Rand Services B.V. | 100% |
D-R Holdings (France) S.A.S. | France | D-R Luxembourg Holding 1 S.A.R.L. | 100% |
Dresser-Rand S.A. | France | D-R Holdings (France) S.A.S. Other Dresser-Rand Companies | 99% 1% |
D-R Holdings (Germany) GmbH | Germany | D-R Holdings (France) S.A.S. | 100% |
Dresser-Rand GmbH | Germany | D-R Holdings (Germany) GmbH | 100% |
D-R Nadrowski Holding GmbH | Germany | D-R Holdings (Germany) GmbH | 100% |
Dresser-Rand India Private Ltd. | India | Dresser-Rand Company | 100% |
PT Dresser-Rand Services Indonesia | Indonesia | Dresser-Rand Services B.V. D-R Asia Pacific Sdn. Bhd. | 90% 10% |
Dresser-Rand Italia S.r.l. | Italy | Dresser-Rand Company | 100% |
Dresser-Rand Japan, Ltd. | Japan | Dresser-Rand Holding (Delaware) LLC | 100% |
Dresser-Rand Korea, Ltd. | Korea | D-R Asia Pacific Sdn. Bhd | 100% |
D-R Luxembourg Holding 1 S.A.R.L. | Luxembourg | Dresser-Rand Group Inc. | 100% |
D-R Luxembourg Holding 2 S.A.R.L. | Luxembourg | D-R Luxembourg Holding 1 S.A.R.L. | 100% |
Dresser-Rand Asia Pacific Sdn. Bhd. | Malaysia | Dresser-Rand Holding (Delaware) LLC | 100% |
Dresser-Rand Services S. de R.L. de C.V. | Mexico | Dresser-Rand Company | 99% |
Dresser-Rand de Mexico S.A. de C.V. | Mexico | Dresser-Rand Company | 99% |
Dresser-Rand B.V. | Netherlands | D-R Luxembourg Holding 1 S.A.R.L. | 100% |
Dresser-Rand International B.V. | Netherlands | Dresser-Rand Company | 100% |
Dresser-Rand Services B.V. | Netherlands | Dresser-Rand Company | 100% |
D-R Holdings Norway AS | Norway | Dresser-Rand B.V. | 100% |
Dresser-Rand AS | Norway | Dresser-Rand B.V. | 100% |
Limited Liability Company Dresser-Rand | Russia | Dresser- Rand S.A. | 100% |
Dresser-Rand Arabia | Saudi Arabia | Dresser-Rand B.V. | 50.1% |
Dresser-Rand Southern Africa (Pty) Ltd. | South Africa | Dresser-Rand Company Ltd. | 100% |
Dresser-Rand Property (Pty) Ltd. | South Africa | Dresser-Rand Southern Africa (Pty) Ltd. | 100% |
Dresser-Rand Service Centre (Pty) Ltd. | South Africa | Dresser-Rand Southern Africa (Pty) Ltd. | 100% |
Dresser-Rand Holdings Spain SLU | Spain | Dresser-Rand B.V. | 100% |
Dresser-Rand Iberica SRL | Spain | D-R Luxembourg Holding 1 SARL | 100% |
Grupo- Guascor, S.L. | Spain | Dresser-Rand Holdings Spain SLU | 100% |
Dresser-Rand Sales Company S.A. | Switzerland | Dresser-Rand Holding (Delaware) LLC | 98% |
Dresser-Rand Services S.a.r.l. | Switzerland | Dresser-Rand Sales Company S.A. | 100% |
Dresser-Rand (Thailand) Limited | Thailand | Dresser-Rand Holding (Delaware) LLC | 100% |
Dresser-Rand Trinidad & Tobago Limited | Trinidad & Tobago | Dresser-Rand Holding (Delaware) LLC | 100% |
D-R Holdings (U.K.) Ltd. | U.K. | D-R Holdings (France) S.A.S. | 100% |
Dresser-Rand (U.K.) Limited | U.K. | D-R Holdings (U.K.) Ltd. | 99% |
Dresser-Rand Company Ltd. | U.K. | D-R Holdings (U.K.) Ltd. | 100% |
D-R Dormant Ltd. | U.K. | D-R Holdings (U.K.) Ltd. | 100% |
Dresser-Rand Company | U.S. (New York) | Dresser-Rand Group Inc. Dresser-Rand LLC | 49% 51% |
Dresser-Rand Global Services, Inc. | U.S. (Delaware) | Dresser-Rand Company | 100% |
Dresser-Rand LLC | U.S. (Delaware) | Dresser-Rand Group Inc. | 100% |
Dresser-Rand Power LLC | U.S. (Delaware) | Dresser-Rand Group Inc. | 100% |
D-R Steam LLC | U.S. (Delaware) | Dresser-Rand Group Inc. | 100% |
DR Acquisition LLC | U.S. (Texas) | Dresser-Rand Company | 100% |
Dresser-Rand Holding (Delaware) LLC | U.S. (Delaware) | Dresser-Rand Group Inc. | 100% |
Dresser-Rand Services, LLC | U.S. (Delaware) | Dresser-Rand Group Inc. | 100% |
Dresser-Rand International Inc. | U.S. (Delaware) | Dresser-Rand Group Inc. | 100% |
Dresser-Rand Overseas Sales Company Limited | U.S. (Delaware) | Dresser-Rand Holding (Delaware) LLC | 100% |
Synchrony, Inc. | U.S. (Virginia) | Dresser-Rand Company | 100% |
Dresser-Rand de Venezuela, S.A. | Venezuela | Dresser-Rand Holding (Delaware) LLC | 100% |
[Subsidiaries of Grupo Guascor, S.L. set forth below] | |||
Axastse Solar, S.L. | Spain (Basque Country) | Guascor Solar Corporation, S.A. | 100% |
B2B Energía, S.A. | Spain (Basque Country) | Sistemas y nuevas energías, S,A, Guay Internet, S.A. Guascor Proyectos, S.A. | 70% 15% 15% |
Denesa Italia Srl | Italy | Guascor Explotaciones Energéticas, S.A. Guascor Ingeniería | 99.14 %
0.86% |
Desimpacte de Purins Alcarrás, S.A. | Spain | Guascor Explotaciones Energéticas, S.A. | 100% |
Desimpacte de Purins Corco, S.A. | Spain | Guascor Explotaciones Energéticas, S.A. | 95% |
Desimpacte de Purins Voltrega, S.A. | Spain | Guascor Explotaciones Energéticas, S.A. | 100% |
Desimpacto de Purines Altorricón S.A. | Spain | Guascos Explotaciones Energéticas, S.A. | 70% |
Desimpacto de Purines Eresma S.A. | Spain | Guascos Explotaciones Energéticas, S.A. | 100% |
Desimpacto de Purines Turégano, S.A. | Spain | Guascos Explotaciones Energéticas, S.A. | 100% |
Empresa de Reciclajes de Residuos Ambientales, S.A. | Spain | Guascor Explotaciones Energéticas; 5% Leia Centro de Desarrollo Tecnológico; 10% Giroaz; 18% Jesús Amezketa Morras. | 67% |
Energía Natural de Mora, S.L. | Spain | Grupo Guascor, S.L. | 80% |
Engines Rental, S.A. | Uruguay | Guascor Power, S.A.U. | 100% |
Engines Rental, S.L. | Spain | Guascor Power, S.A. Grupo Guascor, S.L. | 99% 1% |
Enviroil Castilla-León, S.A. | Spain | Grupo Guascor, S.L Enviroil Vasca, S.A. | 99.90%
0.10% |
Enviroil Italia, SRL in Liquidazione | Italy | Guascor Explotaciones Energéticas, S.A. | 99.00 % |
Enviroil Vasca, S.A. | Spain (Basque Country) | Guascor Explotaciones Energéticas, S.A. | 100% |
Galicia Reciclado de Neumáticos, S.A. | Spain | Guascor Explotaciones Energéticas, S.A. | 100% |
Gate Fotovoltaica 1, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 2, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 3, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 4, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 5, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 6, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 7, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 8, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 9, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 10, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Fotovoltaica 11, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Solar 32, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Gate Solar Gestión, S.L. | Spain (Basque Country) | Gate Solar, S.L. | 100% |
Glabrate, S.L.U. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Grupo Guascor, S.L. | Spain (Basque Country) | Dresser-Rand Holding Spain, S.L.U. | 100% |
Guascor Argentina, S.A. | Argentina | Guascor Power, S.A. | 100% |
Guascor Bionergía, S.L. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Guascor Borja AIE | Spain | Micro Energía 21, S.A. | 70% |
Guascor do Brasil Ltda. | Brazil | Grupo Guascor, S.L. | 81.37% |
Guascor Empreendimentos Energéticos, Ltda. | Brazil | Grupo Guascor, S.L. | 90% |
Guascor Explotaciones Energéticas, S.A. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Guascor INC | USA | Guascor Power, S.A. | 100% |
Guascor Ingenieria S.A. | Spain (Basque Country) | Grupo Guascor, S.L. Guascor Explotaciones Energéticas, S.A. | 99%
1% |
Guascor Isolux AIE | Spain (Basque Country) | Guascor Power, S.A. | 60% |
Guascor Italia S.p.A | Italy | Guascor Explotaciones Energeticas S.A. | 94,59% |
Guascor Maroc, S.A. | Morroco | Guascor Power, S.A. Guascor Holding Groupe | 46.67%
53.32% |
Guascor Power I+D, S.A. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Guascor Power, S.A. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Guascor Promotora Solar, S.A. | Spain (Basque Country) | Guascor Solar Corporation, S.A. | 100% |
Guascor Proyectos, S.A. | Spain | Guascor Explotaciones Energéticas, S.A.; Guascor Ingeniería, S.A. | 99.90% 0.10% |
Guascor Servicios, S.A. | Spain | Guascor Power, S.A. Guascor Explotaciones Energéticas, S.A. | 0.01% 99.99% |
Guascor Serviços Ltda. | Brazil | Guascor Empreendimentos Energéticos, Ltda. | 60% |
Guascor Solar Corporation, S.A. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Guascor Solar do Brasil, Ltda. | Brazil | Guascor Emprendimientos Energéticos Guascor Solar Corporation | 81.26% 0.87% |
Guascor Solar Operacion y Mantenimiento, S.L. | Spain (Basque Country) | Guascor Solar Corporation, S.A. | 100% |
Guascor Solar S.A. | Spain (Basque Country) | Guascor Solar Corporation, S.A. | 100% |
Guascor Venezuela | Venezuela | Guascor Power, S.A.U. Guascor Power Investigación y Desarrollo | 95%
5% |
Guascor Wind Development (I. Ortosa 7) | Spain (Basque Country) | Guascor Wind, S.L. | 100% |
Guascor Wind do Brasil, Ltda. | Brazil | Guascor Wind, S.L. | 90% |
Guascor Wind Power, S.L. (I. Ortosa 8) | Spain (Basque Country) | Guascor Wind,S.L. | 100% |
Guascor Wind, S.L. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Huerta Solar 2007, S.L. | Spain (Basque Country) | Guascor Promotora Solar, S.A. | 100% |
Inversiones Analcima 1, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 2, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 4, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 5, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 6, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 7, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 13, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 14, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 15, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 16, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 17, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 18, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 19, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 20, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 21, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 22, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 23, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 24, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Analcima 25, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Inversiones Ortosa 15, S.L. | Spain (Basque Country) | Axastse Solar, S.L. | 100% |
Jaguarí Energética, S.A. | Brazil | Guascor Servicios Ltda. | 89.49% |
Microenergia Vasca, S.A. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Microenergía 21, S.A. | Spain (Basque Country) | Guascor Power, S.A.U. | 100% |
Minuano Participações Eólicas Ltda. | Brazil | Guascor Wind do Brasil Energía Eólica, Ltda. | 75% |
Montilla AIE | Spain |
|
|
Officine Solari Aquila | Italy | Guascor Italia, SpA. Guascor Solar, S.A. Inversiones Analcima 7, S.L. | 5% 30% 60% |
Officine Solari Kaggio | Italy | Guascor Italia, SpA. Guascor Solar, S.A. Inversiones Analcima 6, S.L. | 5% 5% 90% |
Opción Fotovoltaica 1 | Spain (Basque Country) | Guascor Solar, S.A. | 100% |
Sistemas y Nuevas Energías, S.A. | Spain (Basque Country) | Grupo Guascor, S.L. | 100% |
Sociedad Energetica del Caribe | Dominican Republic | Guascor Servicios, S.A. | 100% |
Tussoenergía I, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía II, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía III, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía IV, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía V, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía VI, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía VII, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía VIII, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía IX, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía X, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XI, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XII, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XIII, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XIV, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XV, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XVI, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XVII, S.L. | Spain | Tusso Energía, S.L. | 100% |
Tussoenergía XVIII, S.L. | Spain | Tusso Energía, S.L. | 100% |
Nova Scotia Limited (1) | Canada | Anaia Global | 100% |
Nova Scotia Limited (2) | Canada | Anaia Global | 100% |
Schedule 3.07(h)
Subscriptions
Stock incentive plans, stock option plans and subscription agreements as disclosed on the annual report of Dresser-Rand Group Inc. on form 10-K, for the fiscal year ended December 31, 2012.
Schedule 3.08(a)
Litigation
None.
Schedule 3.08(b)
Violations
None.
Schedule 3.12
Taxes
(a) Not filed at 08/31/13 - any required extensions have been filed: |
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D-R Holdings (Germany) GmbH – 2012 |
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D-R (Germany) GmbH - 2012 |
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(b) No exceptions. |
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(c ) Audits with possible material adverse effect |
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(c)(i) 1. Dresser-Rand S.A. (France) Italy VAT (high probability of success) | ||||||||||
(c)(ii) 2. Dresser-Rand S.A. (France) Italy VAT
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(c)(iii) Audits |
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Jurisdiction | Company | Period and Type |
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France | Dresser-Rand S.A. (France) | 2009-2010; Income |
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Any material tax amounts due from examination of tax years prior to |
Schedule 3.15(g)
Environmental Matters
Dresser-Rand Underground Storage Tanks | ||
Location | # of Tanks | Address |
LeHavre, France | 4 | 31 Boulevard Winston Churchill, Cedex 7013, Le Havre 76080 France |
Gela, Italy | 5 tanks and | Catasto Fabbricati at Foglio 217 parcel 277 |
| 1 concrete vault |
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Somozas, Spain | 1 steel basin | Parque empresarial Somozas s/n AS Somozas. 15565 La Coruña Spain |
Minano, Spain | 2 | Parque Tecnológico de Álava, C/ Leonardo Da Vinci 12, 01510 Miñano (Alava) Spain |
Zumaia, Spain | 2+1 | Barrio Oikia, 44. 20759 Zumaia (Gipuzkoa) Spain |
Schedule 3.17(a)
Owned Real Property
State | Company | Address |
Illinois | Dresser-Rand Company | 1101 Frontenac Road |
Iowa | Dresser-Rand Company | 3800 West Avenue & 1106 Washington Street |
Kansas | Dresser-Rand Company | 10325 Westgate |
Louisiana | Dresser-Rand Company | 2444 Dumont Drive |
Louisiana | Dresser-Rand Company | 2454 Dumont Drive |
Louisiana | Dresser-Rand Company | 1550 Hwy. 84 East |
Missouri | Dresser-Rand Company | 520 Kelly Lane |
New York | Dresser-Rand Company | North 5th Street & Paul Clark Drive |
New York | Dresser-Rand Company | 100 Chemung Street |
New York | Dresser-Rand Company | 100 Chemung Street Warehouse |
New York | Dresser-Rand Company | 37 Coats Street |
Oklahoma | Dresser-Rand Company | 14963 South 49th West Avenue |
Oklahoma | Dresser-Rand Company | 1354 South Sheridan |
Pennsylvania | Dresser-Rand Company | 203 Precision Road |
Texas | Dresser-Rand Company | 20120 East Hardy Road |
Texas | Dresser-Rand Company | 1415 Lumpkin Road |
Texas | Dresser-Rand Company | 1200, 1202, 1210 & 1220 West Sam Houston Parkway N. |
Texas | Dresser-Rand Company | 8815 West Count Road |
Washington | Dresser-Rand Company | 225 South Lucille Street |
Schedule 3.17(b)
Leased Real Property
State | Company | Address |
Alaska | Dresser-Rand Company | 46645 B Kenai Spur Highway |
California | Dresser-Rand Company | 1675 Brandywine Avenue E and F |
California | Dresser-Rand Company | 5159 Commercial Circle D&E |
California | Dresser-Rand Company | 2615 Stanwell Drive |
California | Dresser-Rand Company | 18502 Dominguez Hills Drive |
Colorado | Dresser-Rand Company | 4700 McMurry Drive |
Florida | Dresser-Rand Company | 482 Stewart Street |
Louisiana | Dresser-Rand Company | 1288 Baker North Baker St. |
Louisiana | Dresser-Rand Company | 908 Industry Road |
Louisiana | Dresser-Rand Company | 143 Mallard St F |
Massachusetts | Dresser-Rand Company | 32 Papile Lane Unit 4 |
Massachusetts | Dresser-Rand Company | 299 Lincoln Street |
Montana | Dresser-Rand Company | 454 Moore Lane Unit 1 (Unit A) |
New York | Dresser-Rand Company | 621 Columbia Street |
New York | Dresser-Rand Company | 218 North 2nd St Apt A |
Ohio | Dresser-Rand Company | 8655 Seward Road - Kiesland Business Park |
Pennsylvania | Dresser-Rand Company | 95 Highland Avenue 205 |
Texas | Dresser-Rand Company | 1251 Lumpkin Road |
Texas | Dresser-Rand Group Inc. | 10205 Westheimer 1100 (10th & 11th Floors) |
Utah | Dresser-Rand Company | 25 North Center Street |
Virginia | Dresser-Rand Company | 1101 Cavalier Blvd. |
Virginia | Dresser-Rand Company | 4655 Technology Drive |
Wisconsin | Dresser-Rand Company | 5700 Grand Market Drive |
Schedule 3.19
Labor Matters
That certain dispute with local 313 of the IUE-CWA as more fully described in the 10-Q filing of Dresser-Rand Group Inc. filed on July 25, 2013.
Schedule 3.20
Insurance
Policy | Carrier |
Fiduciary and EPL | Federal Insurance Company |
Primary D&O | Federal Insurance Company |
Excess D&O | Allied World National Assurance Co. |
Excess D&O | Zurich American Ins. Co. |
Excess D&O | Navigators Insurance Company |
Excess D&O | Illinois National Insurance Company |
Excess D&O | AXIS Insurance Company |
Excess D&O | Berkley Insurance Company |
Excess D&O | Travelers Casualty & Surety Company of America |
Excess D&O | Continental Casualty Company |
Excess D&O IDL | Continental Casualty Company |
Excess D&O | Federal Insurance Company |
Crime | Zurich American Ins. Co. |
Professional Liability | Ace American Insurance Co. |
Kidnap and Ransom | Federal Insurance Co. |
Non-Owned Aviation | Catlin Insurance Co. |
Cargo | Starr Indemnity and Liability Company |
U.S. General Liability | National Union & Fires Insurance Co. |
U.S. Auto Liability (AOS) | National Union & Fires Insurance Co. |
U.S. Auto Liability (MA) | New Hampshire Insurance Co. |
U.S. Auto Liability (VA) | National Union & Fires Insurance Co. |
U.S. Workers' Compensation(AOS) | New Hampshire Insurance Co |
U.S. Workers' Compensation (FL) | Illinois National Insurance |
U.S. Workers' Compensation (CA) | National Union Fire Ins. Co. |
U.S. Workers' Compensation (MA, ND,NY,OH,WA,WY) | Illinois National Insurance |
$50M Umbrella | National Union Fire Insurance Co. of Pitt., PA |
$10M Gov't Umbrella | National Union Fire Insurance Co. of Pitt., PA |
$25M xs $50M | North American Specialty Insurance Co. |
$25M xs $75M | Westchester Fire Insurance Co. |
$75M xs $100M | Great American / Alterra / Liberty |
$50M xs $175M | Starr Indemnity / Arch |
$50M xs $250M | XL Bermuda |
$25M xs $275M | Chubb Atlantic Indemnity Ltd. |
Foreign Al / GL | Insurance Company of the State of PA |
Foreign WC | Insurance Company of the State of PA |
Property | Lexington Insurance Company |
Property | Lexington Insurance Company |
Property | Lexington Insurance Company |
Property | XL Insurance America, Inc. |
Property | American Guarantee & Liability Ins. Co. (Zurich) |
Property | Princeton Excess & Surplus Lines |
Property | General Security Indemnity Company of Arizona |
Property | Landmark Insurance Co. |
Schedule 6.01
Indebtedness
Lender | Borrower | Loan Amount (in USD) |
Wells Fargo London Overdraft Facility (NOK AND EUR) | Dresser-Rand Group Inc. and | 11,535,496.77 |
Intercompany Indebtedness
Lender | Borrower | Loan Amount (in USD) |
Grupo Guascor, S.L. (Spain) | Grupo Guascor, S.L. (Spain) | 2,433,044 |
Dresser-Rand Japan, Ltd. | Dresser-Rand International B. V. | 2,830,067 |
Dresser-Rand (U.K.) Limited | Dresser-Rand International B. V. | 42,224,124 |
Dresser-Rand Italia S.r.l. | Dresser-Rand International B. V. | 10,844,693 |
Dresser-Rand B.V. | Dresser-Rand Services B. V. | 187,383 |
Dresser-Rand B.V. | Dresser-Rand International B. V. | 7,954,286 |
Dresser-Rand B.V. | D-R Holdings (France) S.A.S. | 44,708,545 |
Grupo Guascor, S.L. (Spain) | Grupo Guascor, S.L. (Spain) | 28,195,828 |
Grupo Guascor, S.L. (Spain) | Grupo Guascor, S.L. (Spain) | 16,758,267 |
Grupo Guascor, S.L. (Spain) | Grupo Guascor, S.L. (Spain) | 632,130 |
Dresser-Rand S.A. | Dresser-Rand B.V. | 44,950,622 |
Dresser-Rand S.A. | Dresser-Rand International B. V. | 30,952,934 |
Dresser-Rand S.A. | D-R Holdings (Germany) GmbH | 8,186,011 |
Dresser-Rand S.A. | D-R Holdings Norway AS | 22,242,382 |
Dresser-Rand S.A. | D-R Holdings (U.K.) Ltd. | 35,358,644 |
Dresser-Rand Canada Inc. | Dresser-Rand Canada Inc. | 19,497,365 |
Dresser-Rand Canada Inc. | Dresser-Rand International B. V. | 27,099,308 |
Dresser-Rand AS | Dresser-Rand International B. V. | 91,789,902 |
Dresser-Rand Holding (Delaware) LLC | Dresser-Rand do Brazil Ltda. | 37,523,298 |
Dresser-Rand Asia Pacific Sdn. Bhd. | Dresser-Rand International B. V. | 44,232,192 |
Dresser-Rand GmbH | Dresser-Rand International B. V. | 12,726,271 |
Dresser-Rand de Venezuela, S.A. | Grupo Guascor, S.L. (Spain) | 839,817 |
Dresser-Rand Sales Company S.A. | Dresser-Rand International B. V. | 6,445,342 |
Dresser-Rand Services S.a.r.l. | Dresser-Rand International B. V. | 425,166 |
Dresser-Rand International B. V. | Dresser-Rand Arabia | 16,992,845 |
Dresser-Rand International B. V. | Dresser-Rand CIS or Russia LLC | 1,431,773 |
Dresser-Rand International B. V. | Dresser-Rand Iberica SRL | 100,559 |
Dresser-Rand International B. V. | Grupo Guascor, S.L. (Spain) | 111,992,517 |
Dresser-Rand International B. V. | Dresser-Rand Materials Center | 5,408,653 |
Dresser-Rand International B. V. | Dresser-Rand Company Ltd. (U.K.) | 37,482,456 |
Dresser-Rand International B. V. | Dresser-Rand Field Operations Middle East LLC | 8,531,008 |
Dresser-Rand International B. V. | D-R Holdings (Germany) GmbH | 4,251,939 |
Dresser-Rand International B. V. | D-R Holdings Norway AS | 33,194,161 |
Dresser-Rand International B. V. | Dresser-Rand Group Inc. | 200,941 |
Dresser-Rand International B. V. | D-R Holdings (U.K.) Ltd. | 33,965,434 |
Dresser-Rand International B. V. | Dresser-Rand Holdings Spain SLU | 363,635,958 |
Dresser-Rand International B. V. | D-R Holdings (France) S.A.S. | 11,849,647 |
Dresser-Rand Nadrowski Holding GmbH | Dresser-Rand International B. V. | 17,026,917 |
D-R International Sales, Inc. | Dresser-Rand International B. V. | 22,888,174 |
Dresser-Rand Southern Africa (Pty) Ltd. | Dreseer-Rand Property (Pty) Ltd. | 670,422 |
Dresser-Rand Southern Africa (Pty) Ltd. | Dresser-Rand Service Centre (Pty) Ltd. | 2,717,131 |
Dresser-Rand Group Inc. | D-R Steam LLC | 7,756,382 |
Dresser-Rand Group Inc. | Dresser-Rand International B. V. | 195,803,563 |
Dresser-Rand Group Inc. | Dresser-Rand Global Services, Inc (Mexico Branch) | 15,624 |
D-R Luxembourg Holding 2 S.A.R.L. | Dresser-Rand International B. V. | 1,399,207 |
D-R Luxembourg Holding 2 S.A.R.L. | D-R Holdings (Germany) GmbH | 59,287,045 |
D-R Luxembourg Holding 2 S.A.R.L. | D-R Holdings (U.K.) Ltd. | 11,822,069 |
D-R Luxembourg Holding 2 S.A.R.L. | D-R Holdings (France) S.A.S. | 165,784,708 |
D-R Luxembourg Holding 2 S.A.R.L. | Dresser-Rand B.V. | 8,012,835 |
D-R Luxembourg Holding 2 S.A.R.L. | Dresser-Rand International B. V. | 37,344,997 |
D-R Luxembourg Holding 2 S.A.R.L. | D-R Holdings (Germany) GmbH | 981,110 |
Dresser-Rand Holdings Spain SLU | Grupo Guascor, S.L. (Spain) | 41,401,432 |
Bank Guarantees / Letters of Credit
[See attached.]
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LCNo | Support | ProductType | LCCoverType | IssuingEntity | LCIssueDate | LCExpiryDate | Currency | Amount | USDAmount | BeneficiaryName | Rate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1065143lha | BI-LATERAL | BG | Performance | Societe Generale | 12/26/2011 | 9/30/2013 | USD | 5,573,666.25 | 5,573,666.25 | rolls royce power engineering plc | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001158w | BI-LATERAL | BG | Performance | WELLS FARGO | 11/8/2012 | 11/10/2013 | INR | 462,092.00 | 7,033.04 | OIL AND NATURAL GAS CORPORATION LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001158w | BI-LATERAL | BG | Performance | WELLS FARGO | 11/8/2012 | 11/10/2013 | INR | 4,250,000.00 | 64,685.00 | OIL AND NATURAL GAS CORPORATION LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001117w | BI-LATERAL | BG | Performance | WELLS FARGO | 10/24/2012 | 11/20/2015 | GBP | 11,560.20 | 17,922.36 | JORDAN INDIA FERTILIZER COMPANY LLC | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001117w | BI-LATERAL | BG | Performance | WELLS FARGO | 10/24/2012 | 11/20/2015 | GBP | - | - | JORDAN INDIA FERTILIZER COMPANY LLC | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001094W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 10/10/2012 | 4/13/2013 | eur | 946,589.78 | 1,251,628.34 | TECNICAS REUNIDAS | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001094W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 10/10/2012 | 8/30/2013 | eur | - | - | TECNICAS REUNIDAS | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001094W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 10/10/2012 | 1/31/2014 | eur | - | - | TECNICAS REUNIDAS | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001076W | BI-LATERAL | SBLC | WARRANTY | WELLS FARGO | 10/3/2012 | 12/31/2015 | USD | 279,318.50 | 279,318.50 | SOLARE TURBINES INC | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
is0002059 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 8/3/2011 | 12/30/2013 | eur | 1,025.00 | 1,355.31 | initec plantas industriales s.a.u. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00041-02-1049073 | BI-LATERAL | BG | Performance | Societe Generale | 5/7/2010 | 4/30/2013 | eur | 60,000.00 | 79,335.00 | SCI Jeraly | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1054636LHA | BI-LATERAL | BG | Performance | Societe Generale | 12/28/2010 | 8/31/2014 | eur | 31,761.50 | 41,996.64 | Unipetrol S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1054645LHA | BI-LATERAL | BG | Performance | Societe Generale | 12/28/2010 | 8/31/2014 | eur | 189,150.00 | 250,103.59 | Unipetrol RPA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1058455 | BI-LATERAL | BG | Performance | Societe Generale | 4/24/2013 | 12/13/2014 | eur | 800,455.04 | 1,041,392.01 | technip italy, | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1069782 | BI-LATERAL | BG | Performance | Societe Generale | 2/27/2013 | 7/31/2013 | eur | 152,405.60 | 198,279.69 | flowserve bv, | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1070208 | BI-LATERAL | BG | Performance | Societe Generale | 7/17/2013 | 7/17/2014 | eur | 53,877.62 | 70,094.78 | groupemt bekine sonatrach, | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1076328 | BI-LATERAL | BG | Performance | Societe Generale | 4/24/2013 | 4/30/2014 | eur | 3,830,287.50 | 4,983,204.04 | ojsc nevinnomyssky azot | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1076373 | BI-LATERAL | BG | CUSTOMS | Societe Generale | 4/18/2013 | 12/31/2013 | eur | 50,000.00 | 65,050.00 | les doanes du havre, customs bond, | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1076818 | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 5/15/2013 | 9/30/2013 | eur | 29,128.43 | 37,896.09 | jsc kuibyshevazot inn, | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1077693 | BI-LATERAL | BG | Performance | Societe Generale | 6/20/2013 | 5/31/2014 | eur | 168,400.00 | 219,088.40 | ojsc nak azot, | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1078031 | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 6/2/2013 | 9/15/2013 | eur | 7,554.00 | 9,827.75 | ojsc nak azot, | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
09.6522.H.009 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 8/7/2009 | 1/31/2013 | eur | 286,850.00 | 379,287.41 | Storenergy | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
09.6522.H.010 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 8/7/2009 | 1/31/2013 | USD | 125,950.00 | 125,950.00 | Storenergy | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
0LCL001338 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 4/1/2010 | 6/30/2012 | eur | 65,335.80 | 86,390.26 | HELLENIC PETR | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
0LCL002154 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 9/21/2010 | 4/30/2014 | eur | 10,395.15 | 13,744.99 | Prematecnica S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
0LCL1045 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 5/7/2010 | 5/15/2013 | eur | 12,450.00 | 16,462.01 | Boldrocchi S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
0LCL1120 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 5/21/2010 | 7/1/2013 | eur | 316,684.80 | 418,736.48 | Bentini Spa | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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0LCL1172 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 5/27/2010 | 7/1/2013 | eur | 6,814.20 | 9,010.08 | Bentini S.p.A | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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0LCL1529 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 7/2/2010 | 7/10/2012 | eur | 389,049.48 | 514,420.67 | Hellenic Petroleum S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
0LCL1529 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 7/2/2010 | 7/10/2012 | eur | 3,096.20 | 4,093.95 | HELLENIC PETROLEUM S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
0LCL1530 | BI-LATERAL | BG | ADVANCE PAYMENT | Credit Lyonnais | 7/2/2010 | 9/30/2012 | eur | 43,063.22 | 56,940.34 | Hellenic Petroleum S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
0LCL2841 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 12/1/2010 | 11/30/2013 | eur | 10,443.75 | 13,809.25 | Sulzer Pumps (UK) Ltd | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/077 | BI-LATERAL | BG | ADVANCE PAYMENT | dnb |
| 7/31/2013 | eur | 21,321.00 | 27,738.62 | Sofinter SPA, Italy | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7000706W | BI-LATERAL | SBLC | Performance | WELLS FARGO | 4/19/2012 | 7/31/2012 | GBP | 291,743.10 | 452,303.92 | BARCLAYS COMMERCIAL BANK | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7000706W | BI-LATERAL | SBLC | Performance | WELLS FARGO | 4/19/2012 | 7/31/2012 | GBP | (197,170.10) | (305,682.66) | BARCLAYS COMMERCIAL BANK | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7000706W | BI-LATERAL | SBLC | Performance | WELLS FARGO | 4/19/2012 | 12/31/2012 | GBP | - | - | BARCLAYS COMMERCIAL BANK | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7000649W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 3/26/2012 | 5/15/2014 | INR | 20,062,500.00 | 305,351.25 | BHARAT PETROLEUM CORPORATION LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000579w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 3/5/2012 | 3/31/2015 | USD | 243,459.65 | 243,459.65 | clyde union pumps ltd | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000558w | BI-LATERAL | BG | Performance | WELLS FARGO | 2/12/2012 | 3/15/2015 | eur | 6,000.00 | 7,933.50 | worthington s.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000495w | BI-LATERAL | BG | Performance | WELLS FARGO | 1/27/2012 | 11/29/2013 | INR | 1,662,470.00 | 25,302.79 | ESSAR PROJECTS (INDIA) LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000495w | BI-LATERAL | BG | Performance | WELLS FARGO | 1/27/2012 | 1/31/2015 | INR | - | - | ESSAR PROJECTS (INDIA) LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000487w | BI-LATERAL | BG | Performance | WELLS FARGO | 1/26/2012 | 4/18/2015 | INR | 2,465,000.00 | 37,517.30 | GAIL (INDIA) LTD. | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000463w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 1/18/2012 | 3/7/2014 | USD | 65,500.00 | 65,500.00 | ute bajasur | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000463w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 1/18/2012 | 3/8/2014 | USD | - | - | UTE BAJASUR | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000463w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 1/18/2012 | 3/10/2014 | USD | - | - | UTE BAJASUR | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS950194 | BI-LATERAL | BG | Performance | WELLS FARGO | 3/8/2011 | 10/10/2014 | INR | 5,235,000.00 | 79,676.70 | BRAHMAPUTRA CRACKER AND POLYMER LTD. | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS950124 | BI-LATERAL | BG | Performance | WELLS FARGO | 1/26/2011 | 2/7/2013 | USD | 10,499.10 | 10,499.10 | Egyptian Sugar and Intergrated Industries Co | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS950124 | BI-LATERAL | BG | Performance | WELLS FARGO | 1/26/2011 | 8/7/2013 | USD | - | - | EGYPTIAN SUGAR AND INTERGRATED INDUSTRIES CO | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS950124 | BI-LATERAL | BG | Performance | WELLS FARGO | 1/26/2011 | 2/7/2014 | USD | - | - | EGYPTIAN SUGAR AND INTERGRATED INDUSTRIES CO | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS674337 | BI-LATERAL | BG | Performance | WELLS FARGO | 1/13/2011 | 5/30/2014 | INR | 127,600.00 | 1,942.07 | TECHNIP KT INDIA LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS674337 | BI-LATERAL | BG | Performance | WELLS FARGO | 1/13/2011 | 5/30/2014 | INR | 9,900,000.00 | 150,678.00 | TECHNIP KT INDIA LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS674337 | BI-LATERAL | BG | Performance | WELLS FARGO | 1/13/2011 | 5/30/2014 | INR | 1,090,000.00 | 16,589.80 | Technip KT India Limited | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS674337 | BI-LATERAL | BG | Performance | WELLS FARGO | 1/13/2011 | 9/10/2014 | INR | - | - | TECHNIP KT INDIA LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS673684 | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 12/31/2010 | 9/6/2013 | INR | 2,947,000.00 | 44,853.34 | BCPL | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS673684 | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 12/31/2010 | 10/29/2013 | INR | - | - | BCPL | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS672817 | BI-LATERAL | BG | Performance | WELLS FARGO | 12/16/2010 | 3/28/2014 | INR | 111,238.00 | 1,693.04 | LARSEN AND TOUBRO LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS672817 | BI-LATERAL | BG | Performance | WELLS FARGO | 12/16/2010 | 3/28/2014 | INR | 11,400,000.00 | 173,508.00 | LARSEN and Toubro Limited | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NTS672721 | BI-LATERAL | BG | Performance | WELLS FARGO | 12/16/2010 | 2/28/2014 | eur | 12,995.90 | 17,183.83 | Worthington S.R.L | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS671080 | BI-LATERAL | BG | CUSTOMS | WELLS FARGO | 11/17/2010 | 9/30/2014 | GBP | 40,000.00 | 62,014.00 | HM Revenue And Customs | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
61625543 | BI-LATERAL | SBLC | Performance | Citibank | 10/29/2004 | 10/31/2009 | USD | 2,795,162.09 | 2,795,162.09 | Ingersoll-Rand Company | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS671080 | BI-LATERAL | BG | CUSTOMS | WELLS FARGO | 11/17/2010 | 9/30/2014 | GBP | (30,000.00) | (46,510.50) | HM REVENUE AND CUSTOMS | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS670997 | BI-LATERAL | BG | Performance | WELLS FARGO | 11/16/2010 | 10/25/2013 | USD | 281,635.00 | 281,635.00 | ALEXANDRIA NATIONAL REFINING AND PETROCHEMICALS COMPANY | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
61671122 | BI-LATERAL | BG | Performance | Citibank | 12/5/2007 | 2/15/2011 | INR | 5,840,000.00 | 88,884.80 | Larsen & Toubro Ltd | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS669586 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/25/2010 | 4/10/2014 | eur | 9,440.00 | 12,482.04 | Worthington SRL | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS669323 | BI-LATERAL | SBLC | WARRANTY | WELLS FARGO | 10/20/2010 | 11/12/2013 | USD | 62,791.25 | 62,791.25 | Roots Port Northwest | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668903 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/13/2010 | 12/30/2013 | eur | 196,247.15 | 259,487.79 | Initec Plantas Industriales S,A.U | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668900 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/13/2010 | 9/30/2013 | USD | 184,849.00 | 184,849.00 | Initex Plantas Industriales S.A. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668895 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/13/2010 | 12/30/2013 | eur | 189,182.15 | 250,146.10 | Initec Plantas Industriales S.A.U | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63652834 | BI-LATERAL | BG | Performance | Citibank | 11/25/2009 | 11/19/2014 | eur | 155,000.00 | 204,948.75 | BURMEISTER AND WAIN SCANDINAVIAN CONTRACTOR A/S | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63652939 | BI-LATERAL | BG | Performance | Citibank | 12/8/2009 | 3/12/2013 | INR | 1,532,232.00 | 23,320.57 | OIL AND NATURAL GAS CORPORATION LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653137 | BI-LATERAL | BG | WARRANTY | Citibank | 12/24/2009 | 11/29/2013 | eur | 13,680.00 | 18,088.38 | WORTHINGTON S.R.L | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653150 | BI-LATERAL | BG | WARRANTY | Citibank | 12/24/2009 | 8/31/2012 | USD | 1,887.00 | 1,887.00 | PTT PUBLIC COMPANY LIMITED | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653150 | BI-LATERAL | BG | WARRANTY | Citibank | 12/24/2009 | 8/31/2012 | USD | - | - | PTT PUBLIC COMPANY LIMITED | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653150 | BI-LATERAL | BG | WARRANTY | Citibank | 12/24/2009 | 8/31/2012 | USD | - | - | PTT PUBLIC COMPANY LIMITED | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653150 | BI-LATERAL | BG | WARRANTY | Citibank | 12/24/2009 | 8/31/2011 | USD | 2,376.00 | 2,376.00 | PTT PUBLIC COMPANY LIMITED | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653150 | BI-LATERAL | BG | WARRANTY | Citibank | 12/24/2009 | 8/31/2011 | USD | - | - | PTT PUBLIC COMPANY LIMITED | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653150 | BI-LATERAL | BG | WARRANTY | Citibank | 12/24/2009 | 8/31/2011 | USD | - | - | PTT PUBLIC COMPANY LIMITED | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653434 | BI-LATERAL | BG | FINANCIAL | Citibank | 1/29/2010 | 1/31/2011 | BRL | 566,121.97 | 237,312.67 | STATE COURT OF SAO PAULO | 0.41919 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653435 | BI-LATERAL | BG | FINANCIAL | Citibank | 1/29/2010 | 1/31/2011 | BRL | 477,560.37 | 200,188.53 | STATE COURT OF SAO PAULO | 0.41919 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653539 | BI-LATERAL | BG | Performance | Citibank | 2/11/2010 | 6/27/2014 | INR | 10,080,000.00 | 153,417.60 | LARSEN AND TOUBRO LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668584 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/7/2010 | 11/30/2013 | eur | 477,273.50 | 631,074.89 | Tecnicas Reunidas S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668584 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/7/2010 | 12/24/2013 | eur | - | - | TECNICAS REUNIDAS S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668580 | BI-LATERAL | BG | Performance | WELLS FARGO | 10/7/2010 | 3/28/2013 | USD | 266,198.00 | 266,198.00 | ABB SPA | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668580 | BI-LATERAL | BG | Performance | WELLS FARGO | 10/7/2010 | 3/30/2015 | USD | - | - | ABB SPA | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS668556 | BI-LATERAL | BG | Performance | WELLS FARGO | 10/7/2010 | 12/8/2014 | USD | 89,734.80 | 89,734.80 | Conoco Phillips Indonesia Inc. Ltd. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NTS668556 | BI-LATERAL | BG | Performance | WELLS FARGO | 10/7/2010 | 12/8/2014 | USD | 7,935.72 | 7,935.72 | CONOCO PHILLIPS INDONESIA INC. LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653894 | BI-LATERAL | BG | ADVANCE PAYMENT | Citibank | 3/18/2010 | 4/18/2012 | INR | 4,420,000.00 | 67,272.40 | INDIAN FARMERS FERTILIZER CO-OP | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63653936 | BI-LATERAL | BG | Performance | Citibank | 3/24/2010 | 1/14/2011 | INR | 769,358.00 | 11,709.63 | OIL AND NATURAL GAS CORPORATION LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654235 | BI-LATERAL | BG | Performance | Citibank | 4/27/2010 | 3/14/2014 | eur | 12,995.90 | 17,183.83 | WORTHINGTON S.R.L | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654295 | BI-LATERAL | BG | WARRANTY | Citibank | 5/3/2010 | 3/14/2014 | eur | 6,938.35 | 9,174.23 | FLOWSERVE (AUSTRIA) GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654330 | BI-LATERAL | BG | Performance | Citibank | 5/6/2010 | 2/20/2012 | INR | 400,634.00 | 6,097.65 | OIL AND NATURAL GAS CORPORATION LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654648 | BI-LATERAL | BG | Performance | Citibank | 6/10/2010 | 11/15/2013 | eur | 5,350.00 | 7,074.04 | Worthington S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654670 | BI-LATERAL | BG | Performance | Citibank | 6/16/2010 | 11/14/2013 | INR | 1,738,000.00 | 26,452.36 | OIL AND NATURAL GAS CORPORATION LTD., | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654698 | BI-LATERAL | BG | WARRANTY | Citibank | 6/15/2010 | 1/4/2012 | eur | 16,202.83 | 21,424.19 | AZZAWIYA OIL REFINING COMPANY INC. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654787 | BI-LATERAL | BG | Performance | Citibank | 6/25/2010 | 4/30/2013 | INR | 15,880,000.00 | 241,693.60 | INDIAN OIL CORPORATION LTD. | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654787 | BI-LATERAL | BG | Performance | Citibank | 6/25/2010 | 2/28/2013 | INR | - | - | INDIAN OIL CORPORATION LTD. | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63654854 | BI-LATERAL | BG | Performance | Citibank | 6/30/2010 | 12/2/2013 | INR | 21,799,304.00 | 331,785.41 | NATIONAL FERTLIZER LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655135 | BI-LATERAL | BG | WARRANTY | Citibank | 8/3/2010 | 10/15/2013 | USD | 5,628.00 | 5,628.00 | KSB AKTIENGESELLSCHAFT | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655136 | BI-LATERAL | BG | WARRANTY | Citibank | 8/3/2010 | 10/15/2013 | USD | 5,628.00 | 5,628.00 | KSB AKTIENGESELLSCHAFT | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655226 | BI-LATERAL | BG | Performance | Citibank | 8/10/2010 | 4/30/2014 | USD | - | - | INDIAN OIL CORPORATION LTD | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655226 | BI-LATERAL | BG | Performance | Citibank | 8/10/2010 | 7/29/2013 | USD | 1,655,000.00 | 1,655,000.00 | INDIAN OIL CORPORATION LTD | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655250 | BI-LATERAL | SBLC | Performance | Citibank | 8/17/2010 | 9/30/2016 | USD | 862,500.00 | 862,500.00 | KOREA HYDRO AND NUCLEAR POWER | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655260 | BI-LATERAL | SBLC | Performance | Citibank | 8/17/2010 | 9/29/2017 | USD | 862,500.00 | 862,500.00 | KOREA HYDRO AND NUCLEAR POWER CO., | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655304 | BI-LATERAL | SBLC | WARRANTY | Citibank | 8/19/2010 | 8/1/2016 | USD | 10,576.82 | 10,576.82 | Simpson Tacoma Kraft Company, LLC | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655307 | BI-LATERAL | BG | Performance | Citibank | 8/20/2010 | 1/30/2015 | NOK | 10,000,000.00 | 1,635,100.00 | STATOIL PETROLEUM AS | 0.16351 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655414 | BI-LATERAL | BG | WARRANTY | Citibank | 8/27/2010 | 4/16/2014 | eur | - | - | TECNICAS REUNIDAS SA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655414 | BI-LATERAL | BG | WARRANTY | Citibank | 8/27/2010 | 8/30/2013 | eur | 220,884.30 | 292,064.27 | TECNICAS REUNIDAS SA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655419 | BI-LATERAL | SBLC | ADVANCE PAYMENT | Citibank | 8/30/2010 | 5/20/2014 | USD | 412,085.00 | 412,085.00 | DASS TRADING C.V. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655460 | BI-LATERAL | SBLC | Performance | Citibank | 9/8/2010 | 12/10/2015 | USD | 2,661,000.00 | 2,661,000.00 | HYUNDAI HEAVY INDUSTRIES | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655460 | BI-LATERAL | SBLC | Performance | Citibank | 9/8/2010 | 12/10/2015 | USD | 179,933.60 | 179,933.60 | HYUNDAI HEAVY INDUSTRIES | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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63655544 | BI-LATERAL | SBLC | CUSTOMS | Citibank | 9/14/2010 | 10/31/2011 | GBP | 20,000.00 | 31,007.00 | HM CUSTOMS AND EXCISE | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63655761 | BI-LATERAL | SBLC | Performance | Citibank | 10/8/2010 | 9/13/2013 | GBP | 391,892.34 | 607,570.29 | CHARVILLE-CONSULTORES E SERVICOS LDA | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63661605 | BI-LATERAL | BG | ADVANCE PAYMENT | Citibank | 4/30/2008 | 12/25/2011 | INR | 150,000.00 | 2,283.00 | Larsen And Toubro | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63664697 | BI-LATERAL | BG | Performance | Citibank | 4/7/2009 | 10/30/2013 | USD | - | - | CTCI CORPORATION | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63664697 | BI-LATERAL | BG | Performance | Citibank | 4/7/2009 | 7/10/2013 | USD | 1,105,000.00 | 1,105,000.00 | CTCI CORPORATION | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63664698 | BI-LATERAL | BG | Performance | Citibank | 4/7/2009 | 10/30/2013 | eur | - | - | CTCI CORPORATION | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63664698 | BI-LATERAL | BG | Performance | Citibank | 4/7/2009 | 7/10/2013 | eur | 162,313.20 | 214,618.63 | CTCI CORPORATION | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
L5LS523803 | BI-LATERAL | SBLC | WARRANTY | JPMORGAN CHASE | 2/12/2010 | 10/30/2013 | USD | 5,442,041.65 | 5,442,041.65 | Roll Royce PLC | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9LCL002926 | BI-LATERAL | BG | Performance | Credit Lyonnais | 12/1/2009 | 3/28/2010 | eur | 60,036.48 | 79,383.24 | SONATRACH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1.0041E+14 | BI-LATERAL | BG |
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150stb13300174 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 8/9/2013 | 10/21/2014 | CNY | 4,613,800.00 | 753,848.78 | SHENHUA LOGISTICS GROUP CORPORATION LIMITED | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7177 | BI-LATERAL | BG | Performance | SOVEREIGN/BANCO SANTANDER |
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| USD | 37,296.60 | 37,296.60 |
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7300 | BI-LATERAL | BG | Performance | SOVEREIGN/BANCO SANTANDER |
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| eur | 318,400.00 | 414,238.40 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00041-02-1049938 | BI-LATERAL | BG | FINANCIAL | Societe Generale | 6/4/2010 | 12/20/2019 | eur | 233,521.50 | 308,773.80 | pilotage des prestations d pole services clients | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00041-02-1076729 | BI-LATERAL | BG | WAGE PAYMENT | Societe Generale | 5/3/2013 | 9/1/2014 | eur | 28,263.25 | 37,371.08 | STORENGY | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300030 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/7/2012 | 12/31/2013 | eur | (126,126.00) | (166,770.10) | BANCO POPULAR ESPANOL, S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300030 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/7/2012 | 12/31/2013 | eur | - | - | BANCO POPULAR ESPANOL, S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300030 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/7/2012 | 12/31/2013 | eur | - | - | BANCO POPULAR ESPANOL, S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300030 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/7/2012 | 12/31/2013 | eur | 752,362.75 | 994,811.65 | BANCO POPULAR ESPANOL, S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300030 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/7/2012 | 12/31/2013 | eur | - | - | BANCO POPULAR ESPANOL, S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300030 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/7/2012 | 12/31/2013 | eur | - | - | BANCO POPULAR ESPANOL, S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300708 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2015 | eur | 371,005.71 | 490,562.30 | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1300708 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2015 | eur | - | - | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301020 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2014 | eur | - | - | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301020 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2014 | eur | - | - | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301020 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2014 | eur | (172,412.00) | (227,971.77) | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301020 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2014 | eur | - | - | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301020 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2014 | eur | 745,295.35 | 985,466.78 | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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00935-02-1301020 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2014 | eur | - | - | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301048 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2015 | eur | 80,785.29 | 106,818.35 | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301048 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 3/15/2015 | eur | - | - | kutxabank, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301084 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 2/15/2014 | eur | 196,414.05 | 259,708.48 | banco santander, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1301084 | BI-LATERAL | BG | FINANCIAL | DNB NOR | 12/18/2012 | 2/15/2014 | eur | - | - | banco santander, s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1318511 | BI-LATERAL | BG | Performance | DNB NOR | 2/6/2012 | 4/10/2017 | USD | 6,919,275.60 | 6,919,275.60 | CHINA PETROLEUM MATERIALS CORPORATION | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1318566 | BI-LATERAL | BG | Performance | DNB NOR | 2/6/2013 | 4/10/2017 | CNY | 9,587,139.30 | 1,566,442.69 | CHINA PETROLEUM MATERIALS CORPORATION | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1337064 | BI-LATERAL | BG | Performance | DNB NOR | 3/25/2013 | 4/1/2018 | NOK | 8,281,140.10 | 1,354,049.22 | DAEWOO SHIPBUILDING & MARINE ENGINEERING CO LTD | 0.16351 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1337206 | BI-LATERAL | BG | Performance | DNB NOR | 3/25/2013 | 4/1/2018 | USD | 721,571.45 | 721,571.45 | DAEWOO SHIPBUILDING & MARINE ENGINEERING CO. LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1337224 | BI-LATERAL | BG | Performance | DNB NOR | 3/25/2013 | 4/1/2018 | eur | 486,363.85 | 643,094.60 | DAEWOO SHIPBUILDING & MARINE ENGINEERING CO. LTD. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1337251 | BI-LATERAL | BG | Performance | DNB NOR | 3/25/2013 | 4/1/2018 | eur | 846,431.20 | 1,119,193.65 | DAEWOO SHIPBUILDING & MARINE ENGINEERING CO LTD. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
00935-02-1337288 | BI-LATERAL | BG | Performance | DNB NOR | 3/25/2013 | 4/1/2018 | NOK | 486,778.00 | 79,593.07 | DAEWOO SHIPBUILDING & MARINE ENGINEERING CO. LTD. | 0.16351 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
UIC107793 | BI-LATERAL | COMMLC | IMPORT | WELLS FARGO | 8/6/2013 | 10/7/2013 | USD | 258,754.00 | 258,754.00 | SCHNEIDER ELECTRIC IT FRANCE | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1058455lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 5/10/2011 | 12/31/2014 | USD | (1,207.29) | (1,207.29) | TECHNIP ITALY SPA | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1058455lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 5/10/2011 | 12/31/2014 | USD | 189,150.00 | 189,150.00 | technip italy spa | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1061094lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 7/28/2011 | 2/28/2013 | eur | 57,089.10 | 75,486.06 | mariex investments ltd | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1061432lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 8/1/2011 | 12/31/2014 | USD | 338,034.46 | 338,034.46 | TECHNIP ITALY | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1061432lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 8/1/2011 | 12/31/2014 | USD | 862,648.10 | 862,648.10 | technip italy | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1062360lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 9/28/2011 | 3/31/2015 | USD | 198,294.60 | 198,294.60 | daewoo and co ltd | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1062422lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 9/28/2011 | 3/31/2015 | eur | 583,750.00 | 771,863.44 | daewoo and co | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1064705lha | BI-LATERAL | BG | FINANCIAL | Societe Generale | 7/17/2012 | 7/16/2013 | eur | 1,020,142.00 | 1,348,882.76 | ageniza delle entrate | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1064705lha | BI-LATERAL | BG | FINANCIAL | Societe Generale | 7/17/2012 | 7/16/2013 | eur | 276,447.83 | 365,533.14 | AGENIZA DELLE ENTRATE | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1067258lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 3/20/2012 | 11/30/2013 | eur | 150,000.00 | 198,337.50 | oao kuibyshev azot | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1069336lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 6/11/2012 | 6/11/2016 | eur | 180,000.00 | 238,005.00 | jsc acron | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1070832lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 8/28/2012 | 3/14/2013 | eur | 40,000.00 | 52,890.00 | open joint stock company "azot" | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1072616lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 11/13/2012 | 3/30/2013 | USD | 609,622.40 | 609,622.40 | flowserve bv | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1072803 | BI-LATERAL | BG | FINANCIAL | Societe Generale | 12/10/2012 | 12/10/2013 | eur | 1,980,170.93 | 2,618,281.01 | agenzia delle entrate | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1072803 | BI-LATERAL | BG | FINANCIAL | Societe Generale | 12/10/2012 | 12/10/2013 | eur | 82,309.78 | 108,834.11 | AGENZIA DELLE ENTRATE | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1072867lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 11/27/2012 | 6/25/2013 | USD | 151,391.10 | 151,391.10 | hyosung goodsprings inc | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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04102-1073063lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 12/10/2012 | 1/30/2014 | eur | 204,532.00 | 270,442.44 | ojsc phosagro cherepovets | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1073358lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 1/24/2013 | 5/30/2014 | eur | 2,553,525.00 | 3,376,398.43 | ojsc "nevinnomyssky azot" | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1074017lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 1/18/2013 | 12/31/2013 | eur | 42,312.00 | 55,947.04 | perenco rio del rey | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1074455LHA | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 2/21/2013 | 6/25/2013 | USD | 92,741.40 | 92,741.40 | HYOSUNG GOODSPRINGS INC | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1074954lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 3/1/2013 | 8/11/2015 | eur | 7,900.95 | 10,447.03 | ojsc 'nevinnomyssky azot' | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1075418 | BI-LATERAL | BG | WARRANTY | Societe Generale | 3/21/2013 | 8/18/2015 | eur | 21,866.00 | 28,912.32 | OJSC NAK AZOT | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1075427LHA | BI-LATERAL | BANK CHECK | ADVANCE PAYMENT | Societe Generale | 3/19/2013 | 9/30/2013 | eur | 155,658.39 | 205,819.31 | ZAKLADY CHEMICZNE POLICE | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1075793lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 3/28/2013 | 9/30/2013 | eur | 186,887.51 | 247,112.01 | zaklady chemiczne police | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1076408lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 4/29/2013 | 4/30/2014 | eur | 400,000.00 | 528,900.00 | ojsc nevinnomyssky azot | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1076667LHA | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 5/3/2013 | 1/31/2015 | eur | 1,848,150.00 | 2,443,716.34 | JSC ACRON | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1076845lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 5/14/2013 | 1/31/2014 | eur | 125,910.04 | 166,484.55 | zaklady azotowe pulawy s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1077283lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 5/31/2013 | 6/30/2014 | eur | 4,841.85 | 6,402.14 | ojsc phosagro cherepovets | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1077309lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 5/31/2013 | 6/30/2014 | eur | 4,164.80 | 5,506.91 | ojsc phosagro cherepovets | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1077602lha | BI-LATERAL | BG | WARRANTY | Societe Generale | 6/18/2013 | 12/31/2014 | eur | 211,062.50 | 279,077.39 | ab achema | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1078996lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 7/26/2013 | 1/30/2014 | eur | 30,500.00 | 40,328.63 | tps thermal & process srl | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1079067lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 7/29/2013 | 3/31/2014 | eur | 244,541.11 | 323,344.48 | jsc lukoil-chernomorye | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04102-1079469lha | BI-LATERAL | BG | ADVANCE PAYMENT | Societe Generale | 8/19/2013 | 1/15/2014 | eur | 77,376.48 | 102,311.05 | valorsul plataforma ribeirinha da cp | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
130207SB0171 | BI-LATERAL | BG | WARRANTY | SOVEREIGN/BANCO SANTANDER | 2/8/2013 | 11/25/2013 | eur | 240,000.00 | 317,340.00 | ABB S.P.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1330008600 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 4/9/2013 | 6/28/2015 | USD | 1,243,600.00 | 1,243,600.00 |
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135922B060 | BI-LATERAL | BG | Performance | Credit Lyonnais | 2/15/2013 | 5/19/2014 | eur | 442,100.00 | 584,566.73 | SYLENE S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1401303246 | BI-LATERAL | BG | Performance | COMMERZBANK | 6/20/2013 | 2/28/2016 | USD | 225,620.00 | 225,620.00 | technip france | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1471304963 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 4/7/2013 | 12/30/2014 | USD | 960,000.00 | 960,000.00 | CHINA HUANQIU CONTRACTING AND ENGINEERING CORPORATION | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1471304975 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 4/10/2013 | 5/28/2015 | USD | 55,600.00 | 55,600.00 | PANJIN LIAOHE CHEMICALS GROUP IMPORT AND EXPORT CO LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1471304975 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 4/10/2013 | 5/28/2015 | USD | 1,188,000.00 | 1,188,000.00 | PANJIN LIAOHE CHEMICALS GROUP IMPORT AND EXPORT CO LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1471305015 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 4/27/2013 | 5/30/2014 | USD | 489,650.00 | 489,650.00 | XINJIANG BLUE RIDGE TUNHE ENERGY CO., LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1471305032 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 5/7/2013 | 4/30/2015 | CNY | 892,700.00 | 145,858.25 | GUANGAN KOYO CHEMICAL INDUSTRY CO.,LTD | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1471305033 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 5/7/2013 | 4/30/2014 | CNY | 110,544.00 | 18,061.78 | GUANGAN KOYO CHEMICAL INDUSTRY CO.,LTD | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1471305034 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 5/8/2013 | 3/31/2015 | CNY | 467,500.00 | 76,384.83 | SHENHUA NINGXIA COAL INDUSTRY GROUP CO., LTD | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300050 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 3/6/2013 | 12/15/2013 | USD | 7,524,776.16 | 7,524,776.16 | china petroleum materials corporation | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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150stb13300051 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 3/6/2013 | 2/28/2014 | CNY | 8,939,286.84 | 1,460,590.08 | china petroleum materials corporation | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300059 | BI-LATERAL | SBLC | WARRANTY | COMMERZBANK | 3/13/2013 | 9/28/2014 | USD | 191,285.55 | 191,285.55 | black and veatch corporation | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300060 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 3/15/2013 | 4/16/2015 | eur | 92,000.00 | 121,647.00 | dongying lufang metals material co ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300077 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 4/1/2013 | 6/9/2015 | USD | 614,159.70 | 614,159.70 | china huanqiu contracting & engineering corp. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300078 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 4/1/2013 | 6/28/2015 | USD | 795,077.80 | 795,077.80 | china huanqiu contracting & engineering corp. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150STB13300080 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 4/3/2013 | 2/6/2014 | eur | 91,113.90 | 120,475.35 | NUOVO PIGNONE, S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150STB13300089 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 4/24/2013 | 11/12/2023 | eur | 190,470.00 | 251,848.96 | HERA S.P.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300092 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 4/26/2013 | 10/3/2013 | CNY | 399,995.00 | 65,355.18 | CHINA PETROCHEMICAL INTERNATIONAL (TIANJIN) CO. LTD. | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300105 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 5/31/2013 | 11/22/2013 | USD | 84,000.00 | 84,000.00 | samsung total petrochemicals co. ltd. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300106 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 6/4/2013 | 2/2/2015 | eur | 80,000.00 | 105,780.00 | shandong gold group co. ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb1330011 | BI-LATERAL | BG | BID | COMMERZBANK | 8/19/2013 | 12/20/2013 | USD | 11,000.00 | 11,000.00 | pakistan petroleum limited | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300113 | BI-LATERAL | BG | Performance | COMMERZBANK | 6/14/2013 | 5/1/2015 | USD | 494,300.00 | 494,300.00 | daelim industrial co. ltd. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300114 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 6/14/2013 | 12/1/2014 | USD | 988,600.00 | 988,600.00 | daelim industrial co ltd. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300122 | BI-LATERAL | BG | Performance | COMMERZBANK | 6/18/2013 | 12/16/2013 | USD | 3,083.81 | 3,083.81 | citic seram energy limited | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300126 | BI-LATERAL | SBLC | WARRANTY | COMMERZBANK | 6/19/2013 | 2/29/2016 | USD | 140,370.48 | 140,370.48 | basf corporation | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300127 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 6/20/2013 | 1/26/2014 | eur | - | - | officine solari kaggio s.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300127 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 6/20/2013 | 1/26/2014 | eur | 250,000.00 | 330,562.50 | officine solari kaggio s.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300128 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 6/21/2013 | 12/5/2013 | USD | 223,811.88 | 223,811.88 | ep petroecuador | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300142 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 7/9/2013 | 12/29/2014 | eur | 87,000.00 | 115,035.75 | yunnan metallurgical group imp. & exp. & logistics co ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300164 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 8/1/2013 | 10/30/2013 | CNY | 1,599,980.00 | 261,420.73 | china petrochemical international (tianjin) co. ltd. | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300172 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 8/9/2013 | 5/26/2014 | eur | 396,000.00 | 523,611.00 | Yunnan Metallurgical Group Imp. & Exp. & Logistics Co., Ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
150stb13300175 | BI-LATERAL | BG | WARRANTY | COMMERZBANK | 8/9/2013 | 9/21/2016 | CNY | 2,306,900.00 | 376,924.39 | SHENHUA LOGISTICS GROUP CORPORATION LIMITED | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1701360205 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 8/14/2013 | 9/30/2013 | eur | 631,059.85 | 834,418.89 | tecnicas reunidas | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1701360206 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 8/14/2013 | 9/30/2013 | eur | 1,893,179.55 | 2,503,256.66 | tecnicas reunidas | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1701360207 | BI-LATERAL | BG | ADVANCE PAYMENT | COMMERZBANK | 8/14/2013 | 9/30/2013 | eur | 631,059.85 | 834,418.89 | tecnicas reunidas | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1lcl1853 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 8/26/2011 | 3/1/2013 | USD | 83,633.75 | 83,633.75 | international development company | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
224912/13 | BI-LATERAL | BG | ADVANCE PAYMENT | BNP PARIBAS | 4/2/2013 | 12/31/2013 | eur | 18,842,025.00 | 24,913,867.56 | TURKMENGAZ STATE CONCERN | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl007 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 10/9/2012 | 4/30/2015 | eur | 5,037.50 | 6,660.83 | worthington s.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2LCL0278 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 2/10/2012 | 2/28/2014 | eur | 11,700.00 | 15,470.33 | FRANCO TOSI MECANICA SPA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl0519 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 3/16/2012 | 4/30/2015 | eur | 15,000.00 | 19,833.75 | pensotti fcl s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl0521 | BI-LATERAL | BG | ADVANCE PAYMENT | Credit Lyonnais | 3/15/2012 | 10/12/2012 | eur | 221,534.77 | 292,924.35 | suez oil company | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl0614 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 3/22/2012 | 9/30/2013 | eur | 30,613.75 | 40,479.03 | international development company | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl0641 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 3/26/2012 | 10/30/2015 | eur | 6,250.00 | 8,264.06 | sofinter s.p.a. div. macchi | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl1194 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 6/18/2012 | 10/30/2015 | eur | 11,842.50 | 15,658.75 | sofinter s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl1590 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 8/1/2012 | 1/31/2016 | eur | 15,250.00 | 20,164.31 | hv turbo italia s.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl2072 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 10/15/2012 | 11/11/2014 | eur | 5,052.00 | 6,680.01 | flowserve bv | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl2300 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 11/19/2012 | 11/30/2014 | eur | 5,588.60 | 7,389.53 | worthington s.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2lcl2301 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 11/19/2012 | 3/30/2016 | eur | 11,000.00 | 14,544.75 | sofinter s.p.a. division macchi | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001753w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 8/27/2013 | 4/15/2016 | USD | 164,799.92 | 164,799.92 | ptt public company limited | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001749w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 8/26/2013 | 1/31/2016 | INR | 18,314,000.00 | 278,739.08 | NORTH EASTERN ELECTRIC POWER CORPORATION LTD. | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001748w | BI-LATERAL | BG | Performance | WELLS FARGO | 8/26/2013 | 1/31/2015 | INR | 3,895,000.00 | 59,281.90 | NORTH EASTERN ELECTRIC POWER CORPORATION LTD. | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001743W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 8/23/2013 | 4/30/2016 | INR | 2,366,645.00 | 36,020.34 | INDIAN FARMERS FERTILISERS COOPERATIVE LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001740W | BI-LATERAL | BG | BID | WELLS FARGO | 8/19/2013 | 2/28/2014 | USD | 80,000.00 | 80,000.00 | CNCCC INTERNATIONAL TENDERING CO LTD | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001739W | BI-LATERAL | BG | BID | WELLS FARGO | 8/19/2013 | 1/27/2014 | USD | 750,000.00 | 750,000.00 | CHINA SHENHUA INTERNATIONAL ENGINEERING LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001739W | BI-LATERAL | BG | BID | WELLS FARGO | 8/19/2013 | 3/10/2014 | USD | - | - | CHINA SHENHUA INTERNATIONAL ENGINEERING LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001738W | BI-LATERAL | BG | BID | WELLS FARGO | 8/19/2013 | 2/24/2014 | USD | 44,000.00 | 44,000.00 | CHINA PETROCHEMICAL INTERNATIONAL CO., LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001738W | BI-LATERAL | BG | BID | WELLS FARGO | 8/19/2013 | 4/5/2014 | USD | - | - | CHINA PETROCHEMICAL INTERNATIONAL CO., LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001738W | BI-LATERAL | BG | BID | WELLS FARGO | 8/19/2013 | 4/14/2014 | USD | - | - | CHINA PETROCHEMICAL INTERNATIONAL CO., LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001728W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 8/14/2013 | 9/30/2016 | INR | 369,000.00 | 5,616.18 | GUJARAT GAS COMPANY LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001721W | BI-LATERAL | SBLC | BID | WELLS FARGO | 8/7/2013 | 12/30/2013 | eur | 120,000.00 | 158,670.00 | CHINA NATIONAL JINYU GOLD MATERIALS AND EQUIPMENT CORP. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001708W | BI-LATERAL | BG | BID | WELLS FARGO | 7/24/2013 | 11/15/2014 | USD | 363,400.00 | 363,400.00 | BHARAT PETROLEUM CORPORATION LTD | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001680W | BI-LATERAL | SBLC | WARRANTY | WELLS FARGO | 7/9/2013 | 9/30/2015 | INR | 3,389,700.00 | 51,591.23 | RELIANCE INDUSTRIES LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001672W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 7/5/2013 | 6/5/2014 | INR | 4,362,727.60 | 66,400.71 | INDIAN FARMERS FERTILIZER COOPERATIVE LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001658W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 6/28/2013 | 9/30/2013 | GBP | 198,354.60 | 307,519.05 | NISHAT CHUNIAN POWER LIMITED | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001658W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 6/28/2013 | 10/10/2013 | GBP | - | - | NISHAT CHUNIAN POWER LIMITED | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001658W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 6/28/2013 | 11/25/2013 | GBP | - | - | NISHAT CHUNIAN POWER LIMITED | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001657W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 6/28/2013 | 9/30/2013 | GBP | 132,236.40 | 205,012.70 | NISHAT CHUNIAN POWER LIMITED | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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SC7001657W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 6/28/2013 | 10/10/2013 | GBP | - | - | NISHAT CHUNIAN POWER LIMITED | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001657W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 6/28/2013 | 11/25/2013 | GBP | - | - | NISHAT CHUNIAN POWER LIMITED | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001582w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/28/2013 | 7/5/2016 | USD | 109,454.80 | 109,454.80 | flowserve bv | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001481w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 4/5/2013 | 6/9/2016 | INR | 3,451,700.00 | 52,534.87 | oil and natural gas corporation | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001361W | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 2/8/2013 | 6/11/2013 | eur | 496,190.80 | 645,544.23 | NISHAT POWER LTD | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3lcl000047 | BI-LATERAL | BG | BID | Credit Lyonnais | 1/7/2013 | 9/5/2013 | eur | 10,000.00 | 13,222.50 | sonatrach | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3LCL0013 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 1/25/2013 | 3/26/2015 | eur | 16,260.00 | 21,499.79 | SONATRACH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3LCL0082 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 1/11/2013 | 1/30/2015 | eur | 6,500.00 | 8,594.63 | WORTHINGTON S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3LCL0385 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 2/19/2013 | 3/30/2015 | eur | 2,675.00 | 3,537.02 | FLOWSERVE WORTHINGTON S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3LCL0385 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 2/19/2013 | 3/30/2015 | eur | 130.75 | 172.88 | FLOWSERVE WORTHINGTON S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3LCL0396 | BI-LATERAL | BG | WARRANTY | Credit Lyonnais | 2/25/2013 | 12/30/2013 | eur | 50,000.00 | 66,112.50 | OJSC 'SIBUR HOLDING' | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3lcl0416 | BI-LATERAL | BG | ADVANCE PAYMENT | Credit Lyonnais | 2/26/2013 | 3/29/2013 | eur | 108,870.00 | 143,953.36 | repsol petroleo ypf | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3lcl1103 | BI-LATERAL | BG | ADVANCE PAYMENT | Credit Lyonnais | 6/4/2013 | 9/30/2013 | eur | 62,645.23 | 82,832.66 | dow chemical iberica s.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3lcl1104 | BI-LATERAL | BG | ADVANCE PAYMENT | Credit Lyonnais | 6/4/2013 | 9/30/2013 | eur | 61,212.86 | 80,938.70 | dow chemical iberica s.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3lcl1105 | BI-LATERAL | BG | ADVANCE PAYMENT | Credit Lyonnais | 6/4/2013 | 9/30/2013 | eur | 75,159.63 | 99,379.82 | dow chemical iberica s.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3lcl1106 | BI-LATERAL | BG | ADVANCE PAYMENT | Credit Lyonnais | 6/4/2013 | 9/30/2013 | eur | 32,419.97 | 42,867.31 | dow chemical iberica s.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001085w | BI-LATERAL | SBLC | WARRANTY | WELLS FARGO | 10/9/2012 | 9/30/2015 | USD | 249,999.95 | 249,999.95 | MODEC OFFSHORE PRODUCTION SYSTEMS (SINGAPORE) PTE LTD. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001073w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/5/2012 | 8/30/2016 | eur | 369,460.00 | 488,518.49 | saipem s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001072w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/5/2012 | 8/30/2016 | eur | - | - | saipem s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001072w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/5/2012 | 8/30/2016 | eur | 66,902.00 | 88,461.17 | saipem s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001072w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/5/2012 | 8/30/2016 | eur | - | - | SAIPEM S.P.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7001072w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 10/5/2012 | 8/30/2016 | eur | 391,738.00 | 517,975.57 | SAIPEM S.P.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001056W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 9/25/2012 | 10/15/2014 | USD | 120,750.00 | 120,750.00 | LARSEN AND TOUBRO ELECTROMECH LLC | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7001022W | BI-LATERAL | BG | Performance | WELLS FARGO | 9/14/2012 | 4/30/2013 | INR | 2,863,620.00 | 43,584.30 | GSPC GAS COMPANY LIMITED | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7000813W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/30/2012 | 7/29/2015 | GBP | 486,540.00 | 754,307.29 | JORDAN INDIA FERTILIZER COMPANY LLC | 1.55035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000758w | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 5/10/2012 | 4/13/2013 | eur | 631,059.85 | 834,418.89 | tecnicas reunidas | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000758w | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 5/10/2012 | 8/30/2013 | eur | �� - | - | TECNICAS REUNIDAS | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000758w | BI-LATERAL | BG | ADVANCE PAYMENT | WELLS FARGO | 5/10/2012 | 1/31/2014 | eur | - | - | TECNICAS REUNIDAS | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000749w | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/9/2012 | 6/30/2014 | eur | 3,450.00 | 4,561.76 | worthington s.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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SC7000748W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/9/2012 | 12/30/2014 | eur | 1,025.00 | 1,355.31 | WORTHINGTON S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/11/164 | BI-LATERAL | BG | WARRANTY | DNB NOR | 8/26/2011 | 1/31/2015 | eur | 72,671.21 | 96,089.51 | UHDE Gmbh | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/11/222 | BI-LATERAL | BG | WARRANTY | DNB NOR | 11/17/2011 | 5/30/2014 | eur | 50,127.00 | 66,280.43 | waterleau group n.v. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/11/252 | BI-LATERAL | BG | WARRANTY | DNB NOR | 12/20/2011 | 6/30/2014 | eur | - | - | DAYE NONFERROUS METALS CO LTD. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/11/252 | BI-LATERAL | BG | WARRANTY | DNB NOR | 12/20/2011 | 6/30/2014 | eur | (150,020.00) | (198,363.95) | DAYE NONFERROUS METALS CO LTD. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/11/252 | BI-LATERAL | BG | WARRANTY | DNB NOR | 12/20/2011 | 6/30/2013 | eur | - | - | DAYE NONFERROUS METALS CO LTD. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/11/252 | BI-LATERAL | BG | WARRANTY | DNB NOR | 12/20/2011 | 6/30/2013 | eur | 190,020.00 | 251,253.95 | daye nonferrous metals co ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/11/252 | BI-LATERAL | BG | WARRANTY | DNB NOR | 12/20/2011 | 6/30/2013 | eur | - | - | DAYE NONFERROUS METALS CO LTD. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/12/091 | BI-LATERAL | BG | WARRANTY | DNB NOR | 5/24/2012 | 12/30/2013 | eur | 100,000.00 | 132,225.00 | jiyuan jinli smelts co ltd | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/12/115 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 7/11/2012 | 3/30/2013 | eur | 411,000.00 | 543,444.75 | yunnan metallurgical group imp and exp and logistic s co ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/12/116 | BI-LATERAL | BG | WARRANTY | DNB NOR | 7/11/2012 | 5/30/2014 | eur | 287,700.00 | 380,411.33 | yunnan metallurgical group imp. And exp. And ligistics co. ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/12/125 | BI-LATERAL | BG | WARRANTY | DNB NOR | 7/17/2012 | 2/20/2016 | eur | 6,203.70 | 8,202.84 | tm.p. s.p.a. termomeccanica pompe | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/12/136 | BI-LATERAL | BG | WARRANTY | DNB NOR | 8/1/2012 | 3/8/2014 | USD | 36,000.00 | 36,000.00 | atlas copco energas gmbh | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/12/140 | BI-LATERAL | BG | WARRANTY | DNB NOR | 8/13/2012 | 2/19/2014 | eur | 89,625.00 | 118,506.66 | china bluestar intenrational chemical co. ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/023 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 2/6/2013 | 9/30/2013 | eur | 220,000.00 | 290,895.00 | BOREALIS AGROLINZ MELAMINE GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/043 | BI-LATERAL | BG | WARRANTY | DNB NOR | 3/1/2013 | 7/5/2016 | eur | 10,000.00 | 13,222.50 | macchi div of sofinter s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/044 | BI-LATERAL | BG | WARRANTY | DNB NOR | 3/1/2013 | 8/12/2016 | eur | 12,500.00 | 16,528.13 | macchi div of sofinter s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/047 | BI-LATERAL | BG | Performance | DNB NOR | 3/5/2013 | 11/30/2013 | eur | 480,000.00 | 634,680.00 | ABB S.P.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/077 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 4/15/2013 | 10/1/2013 | eur | 216,004.00 | 285,611.29 | kuwait petroleum europoort b.v. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/081 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 4/19/2013 | 10/30/2013 | eur | 159,200.00 | 210,502.20 | sofinter spa | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/093 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 5/16/2013 | 10/21/2013 | eur | 186.08 | 246.04 | HITACHI EUROPE GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/093 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 5/16/2013 | 10/21/2013 | eur | 28,644.00 | 37,874.53 | HITACHI EUROPE GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/112 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/20/2013 | 11/30/2013 | eur | 22,125.00 | 29,254.78 | oshatz gmby | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/112 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/20/2013 | 11/30/2013 | eur | 109.38 | 144.63 | OSHATZ GMBY | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/115 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/24/2013 | 11/15/2013 | eur | 47,200.00 | 62,410.20 | sofinter spa macchi division | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/116 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/24/2013 | 11/15/2013 | eur | 94,400.00 | 124,820.40 | SOFINTER SPA MACCHI DIVISION | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/121 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/26/2013 | 12/15/2013 | eur | 158,400.00 | 209,444.40 | SOFINTER SPA MACCHI DIVISION | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/122 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/26/2013 | 12/15/2013 | eur | 79,200.00 | 104,722.20 | SOFINTER SPA MACCHI DIVISION | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/124 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/27/2013 | 8/31/2013 | eur | 47,494.00 | 62,798.94 | SAIPEM S.P.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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50072/13/193 | BI-LATERAL | BG | WARRANTY | DNB NOR | 8/7/2013 | 11/30/2016 | eur | 3,553.50 | 4,698.62 | macchi division of sofinter spa | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7000748W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/9/2012 | 12/30/2014 | eur | 7,000.00 | 9,255.75 | WORTHINGTON S.R.L. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SC7000725W | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 4/25/2012 | 7/22/2015 | INR | 2,710,000.00 | 41,246.20 | GAIL (INDIA) LTD. | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000310w | BI-LATERAL | SBLC | WARRANTY | WELLS FARGO | 11/28/2011 | 9/30/2013 | USD | 441,695.50 | 441,695.50 | sinopec usa | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sc7000251w | BI-LATERAL | BG | Performance | WELLS FARGO | 10/21/2011 | 3/16/2015 | INR | 20,030,000.00 | 304,856.60 | larsen & toubro limited | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/12/181 | BI-LATERAL | BG | WARRANTY | DNB NOR | 9/28/2012 | 10/31/2015 | eur | 49,500.00 | 65,451.38 | i.t.t. s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/12/182 | BI-LATERAL | BG | WARRANTY | DNB NOR | 9/28/2012 | 6/30/2015 | eur | 72,000.00 | 95,202.00 | i.t.t. s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/12/245A | BI-LATERAL | BG | WARRANTY | dnb |
| 1/11/2015 | eur | 13,143.69 | 17,099.94 | Oschatz GmbH | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/125/181 | BI-LATERAL | BG | WARRANTY | dnb |
| 10/31/2015 | eur | 49,500.00 | 64,399.50 | ITT SPA, Milano | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/001 | BI-LATERAL | BG | WARRANTY | DNB NOR | 1/2/2013 | 1/18/2016 | eur | 77,950.00 | 103,069.39 | finder pompe s.p.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/006 | BI-LATERAL | BG | WARRANTY | DNB NOR | 1/15/2013 | 4/11/2015 | eur | 7,199.50 | 9,519.54 | KSB AKTIENGESELLSCHAFT | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/010 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 1/15/2013 | 11/27/2013 | eur | 58,231.46 | 76,996.55 | KSB AKTIENGESELLSCHAFT | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/028 | BI-LATERAL | BG | WARRANTY | DNB NOR | 2/14/2013 | 8/30/2016 | eur | 36,000.00 | 47,601.00 | AALBORG ENGINEERING A/S | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/029 | BI-LATERAL | BG | WARRANTY | DNB NOR | 2/14/2013 | 8/30/2016 | eur | 18,869.00 | 24,949.54 | AALBORG ENGINEERING A/S | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/123 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/26/2013 | 11/30/2013 | eur | 75,554.50 | 99,901.94 | ELEKTRO PLUS S. Z.O.O. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/124 | BI-LATERAL | BG | Performance | DNB NOR |
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| eur | 110,075.00 | 143,207.58 | Thyssenkrup Uhde | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/125 | BI-LATERAL | BG | Performance | DNB NOR | 6/27/2013 | 6/14/2014 | eur | 114,835.00 | 151,840.58 | THYSSENKRUPP UHDE GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/125 | BI-LATERAL | BG | Performance | DNB NOR | 6/27/2013 | 6/14/2014 | eur | - | - | THYSSENKRUPP UHDE GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/126 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/27/2013 | 9/30/2013 | eur | - | - | EISENBAU ESSEN GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/126 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 6/27/2013 | 7/30/2013 | eur | 55,223.00 | 73,018.61 | EISENBAU ESSEN GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/127 | BI-LATERAL | BG | Performance | DNB NOR | 6/28/2013 | 6/14/2014 | eur | 110,075.00 | 145,546.67 | THYSSENKRUPP UHDE GMBH | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/127 | BI-LATERAL | BG | Performance | DNB NOR | 6/28/2013 | 6/14/2014 | eur | - | - | thyssenkrupp uhde gmbh | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50356/13/145 | BI-LATERAL | BG | WARRANTY | DNB NOR | 7/4/2013 | 7/27/2016 | eur | 15,602.39 | 20,630.26 | atlas copco energas gmbh | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/12/160 | BI-LATERAL | BG | WARRANTY | DNB NOR | 9/6/2012 | 3/17/2014 | eur | 106,900.00 | 141,348.53 | northern copper industry co ltd | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/12/175 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 9/25/2012 | 9/20/2013 | eur | 480,000.00 | 634,680.00 | shandong gold group co ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/12/221 | BI-LATERAL | BG | WARRANTY | DNB NOR | 11/20/2012 | 6/1/2014 | eur | 168,000.00 | 222,138.00 | sunny industrial and technologies limited | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/12/222 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR |
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| eur | 522,000.00 | 679,122.00 | Yunnan Metallurgical Group, China | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/12/241 | BI-LATERAL | BG | WARRANTY | DNB NOR | 12/6/2012 | 7/27/2014 | eur | 35,750.00 | 47,270.44 | quzhou huayou cobalt new materials co. ltd. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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50357/12/244 | BI-LATERAL | BG | WARRANTY | DNB NOR | 12/19/2012 | 8/30/2014 | eur | 71,610.00 | 94,686.32 | jiangxi copper company ltd | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/13/008 | BI-LATERAL | BG | Performance | DNB NOR | 1/24/2013 | 6/30/2015 | eur | 85,404.00 | 112,925.44 | SILEKOL SPOLKA SP.Z.O.O | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/13/015 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 1/23/2013 | 9/20/2013 | eur | 320,000.00 | 423,120.00 | shandong gold group co ltd | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/13/046 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR |
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| eur | 348,000.00 | 452,748.00 | Yunnan Metallurgical Group, China | 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50357/13/199 | BI-LATERAL | BG | WARRANTY | DNB NOR | 8/16/2013 | 9/14/2015 | eur | 124,266.18 | 164,310.96 | aurubis ag | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nts950243 | BI-LATERAL | BG | Performance | WELLS FARGO | 4/21/2011 | 12/2/2013 | INR | 3,362,200.00 | 51,172.68 | ongc | 0.01522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS950201 | BI-LATERAL | BG | Performance | WELLS FARGO | 3/16/2011 | 9/1/2013 | eur | 5,414.10 | 7,158.79 | SAIPEM SPA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5427-30 | BI-LATERAL | SBLC | CUSTOMS | COMERICA BANK | 7/7/2011 | 6/16/2014 | TTD | 10,000.00 | 1,574.80 | passport & immigration division | 0.15748 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS681422 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/16/2011 | 9/4/2014 | eur | 1,618,754.70 | 2,140,398.40 | LUKOIL NEFTOCHIM BURGAS AD | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS681422 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/16/2011 | 8/30/2016 | eur | - | - | LUKOIL NEFTOCHIM BURGAS AD | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NTS681422 | BI-LATERAL | BG | WARRANTY | WELLS FARGO | 5/16/2011 | 8/30/2016 | eur | - | - | LUKOIL NEFTOCHIM BURGAS AD | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5908-30 | BI-LATERAL | SBLC | Performance | COMERICA BANK | 12/7/2012 | 8/28/2013 | USD | 1,060,364.70 | 1,060,364.70 | refineria de cartagena s.a.a | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5936-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 1/24/2013 | 2/28/2014 | USD | - | - | CHINA PETROLEUM MATERIALS CORPORATION | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5936-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 1/24/2013 | 1/31/2014 | USD | 11,789,862.15 | 11,789,862.15 | CHINA PETROLEUM MATERIALS CORPORATION | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5937-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 1/24/2013 | 4/15/2014 | CNY | - | - | CHINA PETROLEUM MATERIALS CORPORATION | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5937-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 1/24/2013 | 1/31/2014 | CNY | 14,807,211.54 | 2,419,350.29 | CHINA PETROLEUM MATERIALS CORPORATION | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5992-30 | BI-LATERAL | BG | Performance | COMERICA BANK | 5/3/2013 | 5/15/2014 | CNY | 4,160,500.00 | 679,784.10 | CHINA HUANQIU CONTRACTING AND ENGINEERING CORPORATION | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5993-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 5/3/2013 | 5/15/2014 | CNY | 8,321,000.00 | 1,359,568.19 | CHINA HUANQIU CONTRACTING AND ENGINEERING CORPORATION | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5997-30 | BI-LATERAL | BG | Performance | COMERICA BANK | 5/16/2013 | 5/15/2014 | USD | 990,000.00 | 990,000.00 | china huanqiu contracting and engineering corporation | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5998-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 5/16/2013 | 5/15/2014 | USD | 4,950,000.00 | 4,950,000.00 | china huanqiu contracting and engineering corporation | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60034/13/083 | BI-LATERAL | BG | WARRANTY | DNB NOR | 4/24/2013 | 9/30/2017 | USD | 938,984.10 | 938,984.10 | technip far east sdn bkd | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60333/12/148 | BI-LATERAL | SBLC | WARRANTY | DNB NOR | 8/29/2012 | 12/10/2014 | USD | 911,250.00 | 911,250.00 | bis enerji elektrik uretim, a.s. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60334/13/067 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 4/5/2013 | 1/20/2014 | USD | 479,060.80 | 479,060.80 | FLOWSERVE BV | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60334/13/067 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 4/5/2013 | 1/20/2014 | USD | 239,530.40 | 239,530.40 | FLOWSERVE BV | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60334/13/067 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 4/5/2013 | 1/20/2014 | USD | 958,121.60 | 958,121.60 | FLOWSERVE BV | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60334/13/087 | BI-LATERAL | BG | Performance | DNB NOR | 4/30/2013 | 5/31/2015 | USD | 632,295.00 | 632,295.00 | the government of bermuda | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60334/13/087 | BI-LATERAL | BG | Performance | DNB NOR | 4/30/2013 | 5/31/2015 | USD | - | - | the government of bermuda | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
60334/13/204 | BI-LATERAL | BG | ADVANCE PAYMENT | DNB NOR | 8/27/2013 | 5/29/2014 | USD | 895,260.00 | 895,260.00 | daelim industrial company ltd | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
6071-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 8/16/2013 | 10/19/2014 | USD | 1,546,800.00 | 1,546,800.00 | shenhua logistics group corporation limited | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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6072-30 | BI-LATERAL | BG | ADVANCE PAYMENT | COMERICA BANK | 8/16/2013 | 9/20/2014 | USD | 2,320,000.00 | 2,320,000.00 | shenhua logistics group corporation limited | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
63668991 | BI-LATERAL | BG | Performance | Citibank | 8/21/2013 | 11/14/2014 | USD | 612,296.60 | 612,296.60 | armada c7 pte ltd | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
660390-30 | BI-LATERAL | COMMLC | IMPORT | COMERICA BANK | 12/20/2012 | 9/21/2013 | USD | 680,000.00 | 680,000.00 | brush transformers gulf llc | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
660390-30 | BI-LATERAL | COMMLC | IMPORT | COMERICA BANK | 12/20/2012 | 9/21/2013 | USD | (595,000.00) | (595,000.00) | BRUSH TRANSFORMERS GULF LLC | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
70576/12/213 | BI-LATERAL | BG | Performance | DNB NOR | 11/1/2012 | 8/31/2016 | NOK | - | - | AGILITY PROJECTS AS | 0.16351 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
70576/12/213 | BI-LATERAL | BG | Performance | DNB NOR | 11/1/2012 | 12/31/2015 | NOK | 2,673,124.25 | 437,082.55 | agility projects as | 0.16351 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7131 | BI-LATERAL | BG | ADVANCE PAYMENT | SOVEREIGN/BANCO SANTANDER | 12/14/2012 | 1/20/2014 | eur | 280,069.00 | 370,321.24 | zeeland refinery n.v. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7179 | BI-LATERAL | BG | Performance | SOVEREIGN/BANCO SANTANDER | 1/25/2013 | 2/25/2015 | USD | 11,161,839.00 | 11,161,839.00 | CHINA PETROLEUM MATERIALS CORPORATION | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7180 | BI-LATERAL | BG | Performance | SOVEREIGN/BANCO SANTANDER | 1/25/2013 | 5/25/2017 | CNY | - | - | CHINA PETROLEUM MATERIALS CORPORATION | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7180 | BI-LATERAL | BG | Performance | SOVEREIGN/BANCO SANTANDER | 1/25/2013 | 2/25/2015 | CNY | 14,913,129.60 | 2,436,656.25 | CHINA PETROLEUM MATERIALS CORPORATION | 0.16339 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
IS0001519 | BI-LATERAL | BG | Performance | WELLS FARGO | 7/8/2011 | 11/30/2013 | USD | 517,412.50 | 517,412.50 | Gse&c | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7272 | BI-LATERAL | BG | ADVANCE PAYMENT | SOVEREIGN/BANCO SANTANDER | 5/9/2013 | 11/30/2013 | USD | 160,527.00 | 160,527.00 | hyosung goodsprings co. ltd. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
igt/0001/0025/13 | BI-LATERAL | BG | Performance | SOVEREIGN/BANCO SANTANDER | 8/5/2013 | 4/14/2014 | USD | 457,755.00 | 457,755.00 | single buoy moorings inc. | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
7352 | BI-LATERAL | SBLC | Performance | SOVEREIGN/BANCO SANTANDER | 8/2/2013 | 5/8/2014 | USD | 640,000.00 | 640,000.00 | orascom e & c usa inc | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
igt/0001/0023/13 | BI-LATERAL | BG | ADVANCE PAYMENT | SOVEREIGN/BANCO SANTANDER | 6/21/2013 | 10/30/2013 | eur | 318,400.00 | 421,004.40 | sofinter spa, macchi division | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Warranty Bond PORTOENERGY (LC de JP MORGAN) | BI-LATERAL | BG |
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002 AXASTSE BCOGUI | BI-LATERAL | BG | Performance | BBVA | 7/11/2006 | 1/15/2007 | eur | 50,000.00 | 66,112.50 | Aval Angel Diaz de la Serna Arrendamiento "Tierras Tiesas" Almonte (Huelva) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
003 Inbiogas CRAsturias COGERSA | BI-LATERAL | BG | Performance | ATRADIUS | 1/1/2012 | 12/31/2012 | eur | 20,750.00 | 27,436.69 | 003 Inbiogas CRAsturias COGERSA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba89 | BI-LATERAL | BG | Performance | BSCH | 12/22/2000 | 12/31/2020 | eur | 38,894.05 | 51,427.66 | FIT-020100-2000-248 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba89 | BI-LATERAL | BG | Performance | BSCH | 12/22/2000 | 12/31/2020 | eur | - | - | FIT-020100-2000-248 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba88 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-120000-2004-6 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba88 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 26,928.42 | 35,606.10 | FIT-120000-2004-6 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba87 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-120000-2004-6 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba87 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 26,928.43 | 35,606.12 | FIT-120000-2004-6 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba86 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-120000-2004-6 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba86 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 26,928.43 | �� 35,606.12 | FIT-120000-2004-6 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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tba76 | BI-LATERAL | BG | Performance | Banco Pastor | 10/10/2000 | 12/31/2020 | eur | 39,065.79 | 51,654.74 | Avales (Almacenamiento Residuos G.Vasco) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba76 | BI-LATERAL | BG | Performance | Banco Pastor | 10/10/2000 | 12/31/2020 | eur | - | - | Avales (Almacenamiento Residuos G.Vasco) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba75 | BI-LATERAL | BG | Performance | Caixanova | 7/23/2002 | 12/31/2020 | eur | - | - | 0045 3000102518 Consello As Somozas | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba75 | BI-LATERAL | BG | Performance | Caixanova | 7/23/2002 | 12/31/2020 | eur | 7,000.00 | 9,255.75 | 0045 3000102518 Consello As Somozas | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba74 | BI-LATERAL | BG | Performance | Caixanova | 11/16/2002 | 12/31/2020 | eur | - | - | 0800 3000000860 PROFIT Automoción 2002 exp.FIT-110200-2002-9 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba74 | BI-LATERAL | BG | Performance | Caixanova | 11/16/2002 | 12/31/2020 | eur | 8,428.58 | 11,144.69 | 0800 3000000860 PROFIT Automoción 2002 exp.FIT-110200-2002-9 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba68 | BI-LATERAL | BG | Performance | Caixanova | 10/3/2001 | 12/31/2020 | eur | - | - | 0045-3000102392 Consell. Medioambiente | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba68 | BI-LATERAL | BG | Performance | Caixanova | 10/3/2001 | 12/31/2020 | eur | 508,991.74 | 673,014.33 | 0045-3000102392 Consell. Medioambiente | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba52 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | 48,080.97 | 63,575.06 | 0045 300010200-6 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba52 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | - | - | 0045 300010200-6 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba51 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | - | - | 0045 300010199-5 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba51 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | 48,080.97 | 63,575.06 | 0045 300010199-5 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba50 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | - | - | 0045 300010198-8 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba50 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | 48,080.97 | 63,575.06 | 0045 300010198-8 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba49 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | - | - | 0045 300010197-1 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba49 | BI-LATERAL | BG | Performance | Caixanova | 12/20/2000 | 12/31/2020 | eur | 48,080.97 | 63,575.06 | 0045 300010197-1 Reindustrializacion 2000 exp.2000/0052 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba43 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101135 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba43 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 49,173.72 | 65,019.95 | 0045 3000101135 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba42 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101128 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba42 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 49,173.72 | 65,019.95 | 0045 3000101128 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba41 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101111 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba41 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 49,173.72 | 65,019.95 | 0045 3000101111 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba40 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 49,173.72 | 65,019.95 | 0045 3000101104 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba40 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101104 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba39 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101096 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba39 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 49,173.72 | 65,019.95 | 0045 3000101096 Innov.Tec.Ind.Mediambiental 1999 exp.IMA42/1999 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba37 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101065 Reindustrializacion 1999 exp.990089 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba37 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 71,700.74 | 94,806.31 | 0045 3000101065 Reindustrializacion 1999 exp.990089 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba36 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 71,700.74 | 94,806.31 | 0045 3000101058 Reindustrializacion 1999 exp.990089 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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tba36 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101058 Reindustrializacion 1999 exp.990089 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba35 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | - | - | 0045 3000101041 Reindustrializacion 1999 exp.990089 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba35 | BI-LATERAL | BG | Performance | Caixanova | 12/7/1999 | 12/31/2020 | eur | 71,700.74 | 94,806.31 | 0045 3000101041 Reindustrializacion 1999 exp.990089 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba30 | BI-LATERAL | BG | Performance | BSCH | 6/24/2003 | 12/31/2020 | eur | 39,380.00 | 52,070.21 | PROFIT | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba29 | BI-LATERAL | BG | Performance | BSCH | 6/24/2003 | 12/31/2020 | eur | 39,380.00 | 52,070.21 | PROFIT | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba28 | BI-LATERAL | BG | Performance | BSCH | 6/24/2003 | 12/31/2020 | eur | 39,380.00 | 52,070.21 | PROFIT | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba27 | BI-LATERAL | BG | Performance | BSCH | 6/24/2003 | 12/31/2020 | eur | 39,380.00 | 52,070.21 | PROFIT | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba19 | BI-LATERAL | BG | Performance | Banco Exterior | 12/3/1997 | 12/31/2020 | eur | 3,005.06 | 3,973.44 | Generalitat de Valencia | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba157 | BI-LATERAL | BG | Performance | DEUTSCHE BANK | 9/13/2011 | 8/31/2012 | eur | 747,887.00 | 988,893.59 | Aval Performance Gitalia Of.Solari Camporeale (CURBICI) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba157 | BI-LATERAL | BG | Performance | DEUTSCHE BANK | 9/13/2011 | 8/31/2012 | eur | - | - | Aval Performance Gitalia Of.Solari Camporeale (CURBICI) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba156 | BI-LATERAL | BG | Performance | DEUTSCHE BANK | 9/13/2011 | 8/31/2012 | eur | - | - | Aval Performance Gitalia Of.Solari Barone (LEO) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba156 | BI-LATERAL | BG | Performance | DEUTSCHE BANK | 9/13/2011 | 8/31/2012 | eur | 509,365.00 | 673,507.87 | Aval Performance Gitalia Of.Solari Barone (LEO) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10000906359 | BI-LATERAL | BG | WARRANTY | BANCO DE SABADELL, S.A. | 1/28/2013 | 9/30/2013 | eur | 13,850.00 | 18,313.16 | endesa energia s.a.u. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10000909251 | BI-LATERAL | BG | ADVANCE PAYMENT | SABADELL | 3/8/2013 | 5/30/2013 | eur | 56,301.90 | 74,445.19 | MANUEL PIRES GUERREIRO LDA (MPG SHIYARD) | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10000910520 | BI-LATERAL | BG | ADVANCE PAYMENT | SABADELL | 3/25/2013 | 9/15/2013 | eur | 61,020.00 | 80,683.70 | ITAJAI BIOGAS E ENERGIA S.A. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10000911161 | BI-LATERAL | BG | ADVANCE PAYMENT | SABADELL | 4/9/2013 | 6/25/2013 | eur | 25,902.00 | 34,248.92 | ute e.d.a.r. avila | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10000912902 | BI-LATERAL | BG | ADVANCE PAYMENT | SABADELL | 4/29/2013 | 9/15/2013 | eur | 101,700.00 | 134,472.83 | itajai biogas e energia s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10000914906 | BI-LATERAL | BG | ADVANCE PAYMENT | SABADELL | 5/24/2013 | 7/30/2013 | eur | 406,800.00 | 537,891.30 | itajai biogas e energia s.a. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10000915985 | BI-LATERAL | BG | ADVANCE PAYMENT | SABADELL | 6/7/2013 | 8/20/2013 | eur | 250,200.00 | 330,826.95 | e85 company limited | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
100009404927 | BI-LATERAL | BG | WARRANTY | BANCO DE SABADELL, S.A. | 1/7/2013 | 9/30/2013 | eur | 13,590.00 | 17,969.38 | endesa energia s.a.u. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba155 | BI-LATERAL | BG | Performance | BANKIA | 7/22/2011 | 7/30/2013 | eur | - | - | Warranty Bond PIANO CORALLO x cta. de GItalia | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
100410030064500 | BI-LATERAL | BG | WARRANTY | BANCO ITAU BBA S/A | 3/24/2010 | 9/24/2012 | BRL | 1,330,354.42 | 557,671.27 | UNIÃO FEDERAL PROCURADORIA GERAL DA FAZENDA NACIONAL | 0.41919 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
100410030064500 | BI-LATERAL | BG | WARRANTY | BANCO ITAU BBA S/A | 3/24/2010 | 9/24/2012 | BRL | 29,066.74 | 12,184.49 | UNIÃO FEDERAL PROCURADORIA GERAL DA FAZENDA NACIONAL | 0.41919 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
100410030064600 | BI-LATERAL | BG | WARRANTY | BANCO ITAU BBA S/A | 3/24/2010 | 9/24/2012 | BRL | 390,000.77 | 163,484.42 | UNIÃO FEDERAL PROCURADORIA GERAL DA FAZENDA NACIONAL | 0.41919 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
100410030064600 | BI-LATERAL | BG | WARRANTY | BANCO ITAU BBA S/A | 3/24/2010 | 9/24/2012 | BRL | 8,521.07 | 3,571.95 | UNIÃO FEDERAL PROCURADORIA GERAL DA FAZENDA NACIONAL | 0.41919 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba155 | BI-LATERAL | BG | Performance | BANKIA | 7/22/2011 | 7/30/2013 | eur | 1,593,900.00 | 2,107,534.28 | Warranty Bond PIANO CORALLO x cta. de GItalia | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba148 | BI-LATERAL | BG | Performance | SABADELL | 3/1/2008 | 12/31/2020 | eur | - | - | Solred 10000474627 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba148 | BI-LATERAL | BG | Performance | SABADELL | 3/1/2008 | 12/31/2020 | eur | 20,000.00 | 26,445.00 | Solred 10000474627 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba146 | BI-LATERAL | BG | Performance | BSCH | 6/5/2000 | 12/31/2020 | eur | - | - | Ayto. Fuentepelayo | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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tba146 | BI-LATERAL | BG | Performance | BSCH | 6/5/2000 | 12/31/2020 | eur | 12,621.25 | 16,688.45 | Ayto. Fuentepelayo | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba142 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba142 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 61,834.29 | 81,760.39 | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba141 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 61,834.29 | 81,760.39 | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba141 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba140 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 61,834.29 | 81,760.39 | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba140 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba139 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba139 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 61,834.29 | 81,760.39 | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba138 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | - | - | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba138 | BI-LATERAL | BG | Performance | Caja Vital | 9/29/2004 | 12/31/2020 | eur | 61,834.29 | 81,760.39 | FIT-020500-2004-19 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba137 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 43,103.00 | 56,992.94 | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba137 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba136 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba136 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 43,103.00 | 56,992.94 | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba135 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba135 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 43,103.00 | 56,992.94 | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba134 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba134 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 43,103.00 | 56,992.94 | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba133 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 43,103.00 | 56,992.94 | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba133 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-14 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba132 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba132 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 24,407.14 | 32,272.34 | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba131 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba131 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 24,407.14 | 32,272.34 | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba130 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba130 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 24,407.14 | 32,272.34 | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba129 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 24,407.14 | 32,272.34 | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba129 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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tba128 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba128 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 24,407.14 | 32,272.34 | FIT-110200-2003-1 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba127 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba127 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 20,714.29 | 27,389.47 | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba126 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba126 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 20,714.29 | 27,389.47 | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba125 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba125 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 20,714.29 | 27,389.47 | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba124 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba124 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 20,714.29 | 27,389.47 | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba123 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba123 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 20,714.29 | 27,389.47 | FIT-020200-2003-23 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba122 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba122 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 33,616.07 | 44,448.85 | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba121 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 33,616.07 | 44,448.85 | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba121 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba120 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba120 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 33,616.07 | 44,448.85 | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba119 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 33,616.07 | 44,448.85 | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba119 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba118 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 33,616.07 | 44,448.85 | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba118 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-21 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba117 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 27,218.57 | 35,989.75 | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba117 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
23.21630879 | BI-LATERAL | BG | Performance | KUTXA | 5/25/2012 | 8/31/2013 | eur | 23,572.50 | 31,168.74 | ute sureste g.c. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
23.21630879 | BI-LATERAL | BG | Performance | KUTXA | 5/25/2012 | 8/31/2013 | eur | - | - | ute sureste g.c. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba116 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba116 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 27,218.57 | 35,989.75 | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba115 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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tba115 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 27,218.57 | 35,989.75 | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba114 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba114 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 27,218.57 | 35,989.75 | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba113 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | 27,218.57 | 35,989.75 | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tba113 | BI-LATERAL | BG | Performance | Caja Vital | 8/4/2003 | 12/31/2020 | eur | - | - | FIT-120100-2003-22 | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Solred 10000560372 | BI-LATERAL | BG |
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| eur | 30,000.00 | 39,030.00 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
460011459780 | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 12/1/2012 | 12/31/2013 | eur | 5,425.50 | 7,173.87 | TBA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
460011473457 | BI-LATERAL | BG | Performance | UNICREDIT SPA | 12/21/2012 | 6/30/2014 | eur | 35,600.00 | 47,072.10 | cosat s.c.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
460011473457 | BI-LATERAL | BG | Performance | UNICREDIT SPA | 12/21/2012 | 6/30/2014 | eur | - | - | cosat s.c.r.l. | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
460011473460 | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 12/21/2012 | 5/31/2015 | eur | 17,800.00 | 23,536.05 | cosat | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
460011473460 | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 12/21/2012 | 5/31/2015 | eur | - | - | cosat | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Santander - Debt replacement (Zero Loans) | BI-LATERAL | BG |
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| eur | 247,337.13 | 321,785.61 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Santander - Debt replacement (Zero Loans) | BI-LATERAL | BG |
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| eur | 149,059.07 | 193,925.85 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Santander - Debt replacement (Zero Loans) | BI-LATERAL | BG |
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| eur | 80,785.29 | 105,101.66 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Santander - Debt replacement (Zero Loans) | BI-LATERAL | BG |
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| eur | 78,274.05 | 101,834.54 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PROFIT | BI-LATERAL | BG |
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| eur | 42,042.00 | 54,696.64 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Popular - Debt replacement (Zero Loans) | BI-LATERAL | BG |
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| eur | 243,481.25 | 316,769.11 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
6252340100138941 | BI-LATERAL | BG | ADVANCE PAYMENT | BBVA | 2/10/2012 | 8/24/2012 | eur | - | - | ecrn | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
6252340100138941 | BI-LATERAL | BG | ADVANCE PAYMENT | BBVA | 2/10/2012 | 8/24/2012 | eur | 22,000.00 | 29,089.50 | ecrn | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
MªConcepción Jiménez Arrendamiento "Olivar" Montilla (Córdoba) | BI-LATERAL | BG |
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| eur | 74,200.00 | 96,534.20 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mª de los Angeles Quintela Arrendamiento "La Niña" Montilla (Córdoba) | BI-LATERAL | BG |
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| eur | 100,000.00 | 130,100.00 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kutxabank - Zero Loans guarantee replacement | BI-LATERAL | BG |
|
|
|
| eur | 247,337.13 | 321,785.61 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kutxabank - Zero Loans guarantee replacement | BI-LATERAL | BG |
|
|
|
| eur | 80,785.29 | 105,101.66 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kutxabank - releasing funds GI+D C.Vital | BI-LATERAL | BG |
|
|
|
| eur | 149,059.07 | 193,925.85 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ITAJAI BIOGAS E ENERGIA SA / BRASIL | BI-LATERAL | BG |
|
|
|
| eur | 162,720.00 | 211,698.72 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ITAJAI BIOGAS E ENERGIA SA / BRASIL | BI-LATERAL | BG |
|
|
|
| eur | 20,340.00 | 26,462.34 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ISOLUX INGENIERIA S.A. | BI-LATERAL | BG |
|
|
|
| eur | 47,197.80 | 61,404.34 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I.R.C.SRL2 | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 5/23/2012 | 9/30/2016 | eur | 17,000.00 | 22,478.25 | TBA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I.R.C.SRL | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 5/23/2012 | 9/30/2016 | eur | 34,000.00 | 44,956.50 | TBA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-140100-2001-131 | BI-LATERAL | BG |
|
|
|
| eur | 15,454.60 | 20,106.43 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-120104-2002-7 | BI-LATERAL | BG |
|
|
|
| eur | 43,071.43 | 56,035.93 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-120104-2002-7 | BI-LATERAL | BG |
|
|
|
| eur | 43,071.43 | 56,035.93 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-120104-2001-8 | BI-LATERAL | BG |
|
|
|
| eur | 34,343.55 | 44,680.96 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-120104-2001-8 | BI-LATERAL | BG |
|
|
|
| eur | 1,242.09 | 1,615.96 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-120104-2001-10 | BI-LATERAL | BG |
|
|
|
| eur | 25,757.66 | 33,510.72 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-020100-2001-161 anualidad 2002 | BI-LATERAL | BG |
|
|
|
| eur | 12,878.84 | 16,755.37 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FIT-020100-2001-161 | BI-LATERAL | BG |
|
|
|
| eur | 12,878.84 | 16,755.37 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
896bgc1101744 | BI-LATERAL | BG | WARRANTY | DEUTSCHE BANK | 12/6/2011 | 12/6/2014 | eur | 6,660.00 | 8,806.19 | enel distribuzione | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
896bgc1101744 | BI-LATERAL | BG | WARRANTY | DEUTSCHE BANK | 12/6/2011 | 12/6/2014 | eur | - | - | enel distribuzione | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
896bgc1101745 | BI-LATERAL | BG | WARRANTY | DEUTSCHE BANK | 12/6/2011 | 12/6/2014 | eur | - | - | enel distribuzione | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
896bgc1101745 | BI-LATERAL | BG | WARRANTY | DEUTSCHE BANK | 12/6/2011 | 12/6/2014 | eur | 3,772.00 | 4,987.53 | enel distribuzione | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
EURO POWER TECHNOLOGY | BI-LATERAL | BG |
|
|
|
| eur | 9,975.00 | 12,977.48 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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CO.SAT.S.C.R.L.3 | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 5/23/2012 | 9/30/2016 | eur | 17,800.00 | 23,536.05 | TBA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CO.SAT.S.C.R.L.2 | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 5/23/2012 | 9/30/2016 | eur | 35,600.00 | 47,072.10 | TBA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CO.SAT.S.C.R.L. | BI-LATERAL | BG | WARRANTY | UNICREDIT SPA | 5/23/2012 | 9/30/2016 | eur | 40,000.00 | 52,890.00 | TBA | 1.32225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Aval Performance por cta. De Of.Sol.Kaggio ENEL | BI-LATERAL | BG |
|
|
|
| eur | 6,660.00 | 8,664.66 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Aval Performance por cta. De Of.Sol.Kaggio ENEL | BI-LATERAL | BG |
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| eur | 3,772.00 | 4,907.37 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Alquiler Oficina MAPFRE | BI-LATERAL | BG |
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|
|
| eur | 42,552.00 | 55,360.15 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Agencia Tributaria IS 2001-2002 Liquidacion Recurrida en via economico-administrativa | BI-LATERAL | BG |
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|
| eur | 971,764.93 | 1,264,266.17 |
| 1.301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50072/13/076 | BI-LATERAL | BG |
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50357/12/222 | BI-LATERAL | BG |
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| - |
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50357/13/046 | BI-LATERAL | BG |
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| - |
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Schedule 6.02(a)
Liens
None.
Schedule 6.04
Investments
Part I
Subsidiaries
Equity Interests of Subsidiaries listed on Schedule 3.07(g)
Minority Interests
Name | Jurisdiction/ Structure | Authorized Equity | Equity Holders | Equity Held |
Service Center | Uzbekistan/ Corporation | 100 shares | Dresser-Rand B.V.
Uzneftegazmas | 49 shares (49%)
51 shares (51%) |
Dresser-Rand & Enserv Services Sdn. Bhd. | Malaysia/ Corporation | 4,000 shares | Dresser-Rand Holding (Delaware) LLC Enserv Sdn. Bhd. | 1,960 shares (49%)
2,040 shares (51%) |
Dresser Rand Field Operations Middle East LLC | Abu Dhabi/LLC | Membership Interests | International Development Co. Dresser-Rand Holding (Delaware) LLC | Membership Interest - 51%
Membership Interest - 49% |
Echogen Power Systems, LLC | Ohio/LLC | Membership Interests | Dresser-Rand Company | Membership Interest – 35.5% |
Ramgen Power Systems, LLC | Washington/LLC | Membership Interests | Dresser-Rand Company | Membership Interest – 41.5% |
Bethel Holdco, LLC | Texas/LLC | Membership Interests | Dresser-Rand Company | Membership Interest – 11.1% |
Intercompany Investments
Investments as detailed in the Schedule of Intercompany Loans.
Part II
Other Intercompany Investments
Guarantees of the obligations of Subsidiaries (other than Domestic Loan Parties) including, without limitation, any Letters of Credit issued to support such obligations and any extensions, renewals or replacements thereof.
Schedule 6.07
Transactions with Affiliates
Partnership Agreements
1. | Agreement between Dresser-Rand Holding (Delaware) LLC. and Enserv Services Sdn. Bhd., as regards Dresser-Rand & Enserv Services Sdn. Bhd., Malaysia registered September 1, 1994. |
2. | Agreement between Dresser-Rand B.V. and Uzneftegazmash as regards Uzbekistan Service Center joint venture entered into August 7, 2000. |
[FORM OF]
ASSIGNMENT AND ACCEPTANCE
This Assignment and Acceptance (the “Assignment and Acceptance”) is dated as of the Effective Date set forth below and is entered into by and between [Insert name of Assignor] (the “Assignor”) and [Insert names of Assignees] (the “Assignees”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by [the] [each] Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Acceptance as if set forth herein in full.
For an agreed consideration, the Assignor hereby irrevocably sells and assigns to [the] [each] Assignee, and [the] [each] Assignee hereby irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the respective facilities identified below (including any Letters of Credit and Swingline Loans included in such facilities) and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Acceptance, without representation or warranty by the Assignor.
Assignor:
Assignee[s]:
[and is an Affiliate/Approved Fund of [Identify Lender]]
Domestic Borrower:Dresser-Rand Group Inc.
Foreign Borrower: Grupo Guascor, S.L.
Administrative Agent: JPMorgan Chase Bank, N.A., as Administrative Agent under the Credit Agreement
Credit Agreement: The Amended and Restated Credit Agreement dated as of September 30, 2013, among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto.
Assigned Interest:
Facility Assigned | Aggregate Amount of Commitment/ Loans for all Lenders | Amount of Commitment/Loans Assigned | Percentage Assigned of Commitment/ Loans* |
[___] |
|
| % |
|
|
|
|
Effective Date: _____________, __, 201_. [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]
The terms set forth in this Assignment and Acceptance are hereby agreed to:
ASSIGNOR [NAME OF ASSIGNOR]
By:
Name:
Title:
ASSIGNEE [NAME OF ASSIGNEE]
By:
Name:
Title:
Consented to and accepted:
JPMORGAN CHASE BANK, N.A.,
AS ADMINISTRATIVE AGENT
By:___________________________________
Name:
Title:
[Consented to:]
[Swingline Lenders]
By:___________________________________
Name:
Title:
[Consented to:]
DRESSER-RAND GROUP INC.
By:___________________________________
Name:
Title:
[Consented to:]
[Foreign Borrower]
By:___________________________________
Name:
Title:
ANNEX 1
STANDARD TERMS AND CONDITIONS FOR
ASSIGNMENT AND ACCEPTANCE
1.Representations and Warranties.
1.1Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of the Borrowers, any of the other Subsidiaries or Affiliates or any other person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrowers, any of the other Subsidiaries or Affiliates or any other person of any of their respective obligations under any Loan Document. Assignee. [The] [Each] Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the Credit Agreement that are required to be satisfied by it in order to acquire the Assigned Interest and become a Lender, (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to Section 5.04 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, (v) if it is a Foreign Lender, attached to this Assignment and Acceptance is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by [the] [each] Assignee and (vi) if it has a Revolving Facility Commitment, it has the capacity to make Revolving Facility Loans in Dollars; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other Lender and, based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to [the] [each] Assignee for amounts which have accrued from and after the Effective Date. General Provisions. This Assignment and Acceptance shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. This
EXHIBIT C-1
[FORM OF]
BORROWING REQUEST
JPMorgan Chase Bank, N.A.,
as Administrative Agent
for the Lenders referred to below
10 South Dearborn, 7th Floor,
Chicago, IL, 60603
Attention: Sherese Cork
Telecopy: (888) 303.9732
[Date]
Ladies and Gentlemen:
Reference is made to the Amended and Restated Credit Agreement dated as of September 30, 2013 (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto. Terms defined in the Credit Agreement are used herein with the same meanings. This notice constitutes a Borrowing Request and the Borrower hereby requests Borrowings under the Credit Agreement, and in that connection the Borrower specifies the following information with respect to such Borrowings requested hereby:
(A)Facility of Borrowing (Revolving Facility or Euro Revolving Facility): ____________
(B)Aggregate Amount of Borrowing (expressed in Dollars or Euros): ____________
(C)Date of Borrowing (which shall be a Business Day): ____________
(D)If Dollar-Denominated, Type of Borrowing (ABR or Eurocurrency): ____________
(E)If Eurocurrency Borrowing, the requested currency: ___________
(F)Interest Period (if a Eurocurrency Borrowing): ____________
(G)Location and number of Borrower's account or any other account agreed upon by the Administrative Agent and the Borrower to which proceeds of Borrowing are to be disbursed: ____________
The Borrower named below hereby represents and warrants that the conditions specified in paragraphs (b) and (c) of Section 4.01 of the Credit Agreement are satisfied.
Very truly yours,
[NAME OF BORROWER]
as Borrower
By:
Name:
Title:
EXHIBIT C-2
[FORM OF]
SWINGLINE BORROWING REQUEST
JPMorgan Chase Bank, N.A.,
as Administrative Agent
for the Lenders referred to below
10 South Dearborn, 7th Floor,
Chicago, IL, 60603
Attention: Sherese Cork
Telecopy: (888) 303.9732
[Date]
Ladies and Gentlemen:
Reference is made to the Amended and Restated Credit Agreement dated as of Septmber 30, 2013 (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto. Terms defined in the Credit Agreement are used herein with the same meanings. This notice constitutes a Swingline Borrowing Request and the Borrower hereby requests Borrowings under the Credit Agreement, and in that connection the Borrower specifies the following information with respect to such Borrowings requested hereby:
Type of Borrowing (ABR or Eurocurrency): _____________________
Aggregate Amount of Borrowing (expressed in Dollars): _________________
Date of Borrowing (which shall be a Business Day): _________________
If Eurocurrency Borrowing, the requested currency: _____________
Term of Borrowing: _______________
Location and number of Borrower's account or any other account agreed upon by the Administrative Agent and the Borrower to which proceeds of Borrowing are to be disbursed: ______________________
The Borrower named below hereby represents and warrants that the conditions specified in paragraphs (b) and (c) of Section 4.01 of the Credit Agreement are satisfied.
Very truly yours,
[NAME OF BORROWER], as Borrower
By:
Name:
Title:
EXHIBIT D
FORM OF MORTGAGE
[Provided under separate cover]
This Instrument was prepared by,
and when recorded should be returned to:
Vinson & Elkins L.L.P.
1001 Fannin Street, Suite 2500
Houston, Texas 77002
Attn: Bradley J. Parkman
AMENDMENT TO AND RATIFICATION OF [CORRECTED] MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND LEASES AND FIXTURE FILING
This Amendment to and Ratification of [Corrected] Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (this “Amendment”) is entered into effective as of the [__] day of September, 2013, between Dresser-Rand Company, a New York general partnership (“Mortgagor”), and JPMorgan Chase Bank, N.A., as Administrative Agent (in such capacity and its successors and assigns in such capacity, “Mortgagee”), for the benefit of Mortgagee in such capacity and for the ratable benefit of the Secured Parties. Capitalized terms used herein but not defined shall have the meaning assigned to them in the Credit Agreement (hereinafter defined).
W I T N E S S E T H:
WHEREAS, Dresser-Rand Group Inc., a Delaware corporation (“Borrower”), Mortgagee and certain financial institutions as lenders thereunder (“Lenders”) previously entered into that certain Credit Agreement, dated as of March 15, 2011 (as amended prior to the date hereof, the “Existing Credit Agreement”), pursuant to which the Lenders have made Loans to and extended credit on behalf of Borrower; and
WHEREAS, as security for the obligations and indebtedness of Borrower under the Credit Agreement, Mortgagor executed and delivered to Mortgagee that certain [Corrected] Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing described in Schedule 1 hereto (the “Existing Mortgage”) covering the Mortgaged Property (as used herein, “Mortgaged Property” shall have the meaning given to such term in the Existing Mortgage); and
WHEREAS, contemporaneously with the execution and delivery hereof, the Existing Credit Agreement will be amended and restated pursuant to an Amended and Restated Credit Agreement dated as of the date hereof by and among Borrower, Mortgagee, and the Lenders party thereto (the “New Credit Agreement”), pursuant to which, among other things, the Revolving Facility Commitments will be increased; and
WHEREAS, in furtherance of the foregoing, Mortgagor and Mortgagee desire to execute this Amendment to (a) evidence and reflect the amendment of the Existing Credit Agreement pursuant to the New Credit Agreement (the Existing Credit Agreement, as amended and restated
by the New Credit Agreement and as may be further amended, supplemented, amended and restated, extended or otherwise modified from time to time, the “Credit Agreement”), (b) ratify Mortgagor’s obligations under the Existing Mortgage and (c) secure the Obligations under and as defined in the Existing Mortgage.
NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
Section 1.01 | Continuing Security Interest. Mortgagor hereby acknowledges and agrees that the liens, security interests and assignments securing the payment and performance of the Indebtedness under, and as defined in, the Existing Credit Agreement shall not be released, but shall be carried forward, renewed and extended to secure the Indebtedness under and as defined in the Credit Agreement, it being understood and agreed that the New Credit Agreement, this Amendment, and such other documents or instruments executed in connection with the amendments to the Existing Credit Agreement effect an extension and amendment of the Indebtedness and liabilities of Mortgagor under such instruments. |
Section 1.02 | Renewal of Liens. All of the respective liens, privileges, priorities and equities existing and to exist under and in accordance with the terms of the Existing Mortgage are hereby renewed, extended, carried forward and conveyed as security for the Secured Obligations; and, with respect to the Existing Mortgage, Mortgagor does hereby MORTGAGE, GRANT, BARGAIN, ASSIGN, SELL, CONVEY, and CONFIRM to the Trustee, for the use and benefit of the Mortgagee and the other Secured Parties, all the Mortgaged Property, TO HAVE AND TO HOLD unto the Trustee forever to secure the Secured Obligations (as defined in the Existing Mortgage). |
Section 2.01Amendment to Existing Mortgage.
(a)The first paragraph of the cover of the Existing Mortgage is hereby amended and restated in its entirety to read as follows:
THE MAXIMUM PRINCIPAL INDEBTEDNESS WHICH IS SECURED BY OR WHICH BY ANY CONTINGENCY MAY BE SECURED BY THIS MORTGAGE IS $[__________].
(b)The second paragraph of the Existing Mortgage is hereby amended and restated in its entirety to read as follows:
ANY PROVISION HEREIN TO THE CONTRARY NOTWITHSTANDING, THE MAXIMUM PRINCIPAL INDEBTEDNESS
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WHICH IS SECURED BY OR WHICH BY ANY CONTINGENCY MAY BE SECURED BY THIS MORTGAGE IS $[__________] (THE “SECURED AMOUNT”).
(c)The definition of “Secured Parties” set forth in Section 1.1(g) of the Existing Mortgage is hereby amended and restated in its entirety to read as follows:
“Secured Parties” means (a) the Lenders, (b) the Administrative Agent, (c) the Collateral Agent, (d) each Issuing Bank, (e) each counterparty to any Swap Agreement entered into with a Loan Party the obligations under which constitute Guaranteed Obligations, (f) each Treasury Management Counterparty, (g) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (h) the successors and permitted assigns of each of the foregoing.
Section 3.01 | No Waiver. Nothing contained in this Amendment shall be construed as a waiver by Mortgagee of any covenant or provision of the Existing Mortgage, the other Loan Documents, or of any other contract or instrument between Mortgagor and Mortgagee, and the failure of Mortgagee at any time or times hereafter to require strict performance by the Mortgagor of any provision thereof shall not waive, affect or diminish any right of Mortgagee to thereafter demand strict compliance therewith. Mortgagee hereby reserves all rights granted under the Existing Mortgage, the other Loan Documents, this Amendment and any other contract or instrument between the Mortgagor and Mortgagee. |
Section 3.02 | Ratification. Except as amended hereby, the Existing Mortgage shall remain unchanged and in full force and effect, and Mortgagor hereby RATIFIES, CONFIRMS and ADOPTS the Existing Mortgage and all of its terms and provisions, as amended hereby. The Existing Mortgage, as amended hereby, shall inure to the benefit of Mortgagee and its permitted successors and assigns and shall be binding upon Mortgagor and its respective successors and assigns. |
Section 3.03 | Counterparts. This Amendment is being executed in multiple counterparts, each of which shall for all purposes be deemed to be an original and all of which are identical. |
Section 3.04 | Headings. The headings, captions, and arrangements used in this Amendment are for convenience only and shall not affect the interpretation of this Amendment. |
Section 3.05 | ENTIRE AGREEMENT. THE EXISTING MORTGAGE, THIS AMENDMENT AND ALL OTHER INSTRUMENTS, DOCUMENTS AND AGREEMENTS EXECUTED AND DELIVERED IN CONNECTION WITH THIS AMENDMENT REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES. |
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[Signature Pages to Follow]
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IN WITNESS WHEREOF, Mortgagor has on the date set forth in the acknowledgement hereto, effective as of the date first above written, caused this instrument to be duly EXECUTED AND DELIVERED by authority duly given.
MORTGAGOR:
DRESSER-RAND COMPANY,
a New York general partnership
By:_____________________________________________
Name:_____________________________________________
Title:_____________________________________________
State of ________ _____________
County of __________________
On the ____ day of ________ in the year ____ before me, the undersigned personally appeared __________________________, personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her their signature(s) on the instrument, the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument.
_____________________________
Signature and Office of individual
taking acknowledgment
IN WITNESS WHEREOF, Mortgagee has on the date set forth in the acknowledgement hereto, effective as of the date first above written, caused this instrument to be duly EXECUTED AND DELIVERED by authority duly given.
MORTGAGEE:
JPMORGAN CHASE BANK, N.A.
By:_____________________________________________
Name:_____________________________________________
Title:_____________________________________________
State of ________ _____________
County of __________________
On the ____ day of ________ in the year ____ before me, the undersigned personally appeared __________________________, personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her their signature(s) on the instrument, the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument.
_____________________________
Signature and Office of individual
taking acknowledgment
SCHEDULE I
Existing Mortgage
1.Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing dated as of November 9, 2011, by Dresser-Rand Company, as Mortgagor, to JPMorgan Chase Bank, N.A., as Agent, for the benefit of the secured parties, filed as follows:
JURISDICTION | FILING INFORMATION | FILE DATE |
Allegany County, NY | 2012-52715 | 1/20/12 |
Cattaraugus County, NY | 171232-001 | 1/20/12 |
Steuben County, NY | Bk: 3474 Pg: 215 | 1/19/12 |
[2.Corrected Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing dated as of November 9, 2011, by Dresser-Rand Company, as Mortgagor, to JPMorgan Chase Bank, N.A., as Agent, for the benefit of the secured parties, filed as follows:]
JURISDICTION | FILING INFORMATION | FILE DATE |
Cattaraugus County, NY | 175343-001 | 4/09/12 |
EXHIBIT E-1
FORM OF DOMESTIC GUARANTEE AND COLLATERAL AGREEMENT
[Provided under separate cover]
Execution Version
[FORM OF]
AMENDED AND RESTATED
DOMESTIC GUARANTEE AND COLLATERAL AGREEMENT
dated and effective as of
September 30, 2013,
among
DRESSER-RAND GROUP INC.,
as Domestic Borrower,
each Domestic Subsidiary Loan Party
identified herein,
and
JPMORGAN CHASE BANK, N.A.,
as Collateral Agent
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS
SECTION 1.01. Credit Agreement...............................................................................................................................................................1
SECTION 1.02. Other Defined Terms.........................................................................................................................................................1
ARTICLE II
GUARANTEE
SECTION 2.01. Guarantee.............................................................................................................................................................................1
SECTION 2.02. Guarantee of Payment.......................................................................................................................................................1
SECTION 2.03. No Limitations, etc.............................................................................................................................................................1
SECTION 2.04. Information...........................................................................................................................................................................1
SECTION 2.05. Maximum Liability...............................................................................................................................................................1
SECTION 2.06. Payments Free and Clear of Taxes, Etc.........................................................................................................................1
ARTICLE III
PLEDGE OF SECURITIES
SECTION 3.01. Pledge...................................................................................................................................................................................1
SECTION 3.02. Delivery of the Pledged Collateral...................................................................................................................................1
SECTION 3.03. Representations, Warranties and Covenants.................................................................................................................1
SECTION 3.04. Certification of Limited Liability Company and Limited Partnership Interests.......................................................1
ARTICLE IV
SECURITY INTERESTS IN PERSONAL PROPERTY
SECTION 4.01. Security Interest...................................................................................................................................................................1
SECTION 4.02. Representations and Warranties.......................................................................................................................................1
SECTION 4.03. Covenants.............................................................................................................................................................................1
SECTION 4.04. Other Actions.......................................................................................................................................................................1
SECTION 4.05. Covenants Regarding Patent, Trademark and Copyright Collateral.........................................................................1
ARTICLE V
REMEDIES
SECTION 5.01. Remedies Upon Default.....................................................................................................................................................1
SECTION 5.02. Application of Proceeds...................................................................................................................................................1
SECTION 5.03. Grant of License To Use Intellectual Property.............................................................................................................1
SECTION 5.04. Securities Act, etc...............................................................................................................................................................1
SECTION 5.05. Registration, etc...................................................................................................................................................................1
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ARTICLE VI
INDEMNITY, SUBROGATION AND SUBORDINATION
SECTION 6.01. Indemnity and Subrogation...............................................................................................................................................1
SECTION 6.02. Contribution and Subrogation...........................................................................................................................................1
SECTION 6.03. Subordination.......................................................................................................................................................................1
ARTICLE VII
MISCELLANEOUS
SECTION 7.01. Notices.................................................................................................................................................................................1
SECTION 7.02. Security Interest Absolute.................................................................................................................................................1
SECTION 7.03. Binding Effect; Several Agreement.................................................................................................................................1
SECTION 7.04. Successors and Assigns.....................................................................................................................................................1
SECTION 7.05. Collateral Agent’s Fees and Expenses; Indemnification.............................................................................................1
SECTION 7.06. Collateral Agent Appointed Attorney-in-Fact...............................................................................................................1
SECTION 7.07. GOVERNING LAW.........................................................................................................................................................1
SECTION 7.08. Waivers; Amendment.........................................................................................................................................................1
SECTION 7.09. WAIVER OF JURY TRIAL...........................................................................................................................................1
SECTION 7.10. Severability...........................................................................................................................................................................1
SECTION 7.11. Counterparts.........................................................................................................................................................................1
SECTION 7.12. Headings...............................................................................................................................................................................1
SECTION 7.13. Jurisdiction; Consent to Service of Process...................................................................................................................1
SECTION 7.14. Termination or Release.......................................................................................................................................................1
SECTION 7.15. Additional Subsidiaries.......................................................................................................................................................1
SECTION 7.16. Right of Set-off...................................................................................................................................................................1
SECTION 7.17. Credit Agreement...............................................................................................................................................................1
Schedules
Schedule IDomestic Subsidiary Loan parties
Schedule IIPledged Stock; Pledged Debt Securities
Schedule IIIIntellectual Property
Schedule IVLimited Liability Company Interests
Schedule VCommercial Tort Claims
Schedule VIPartnership Interests
Exhibits
Exhibit IForm of Supplement to the Domestic Guarantee and Collateral Agreement
Exhibit IIForm of Perfection Certificate
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AMENDED AND RESTATED DOMESTIC GUARANTEE AND COLLATERAL AGREEMENT dated and effective as of September 30, 2013 (this “Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), each Domestic Subsidiary Loan Party listed on the signature page and any other entity that becomes a party pursuant to Section 7.15 (each, a “Domestic Subsidiary Loan Party”) and JPMORGAN CHASE BANK, N.A. (“JPMorgan”), as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties (as defined below).
Reference is made to the Amended and Restated Credit Agreement dated as of September 30, 2013 (as amended, restated, supplemented, waived or otherwise modified from time to time, the “Credit Agreement”), among the Domestic Borrower, the Foreign Borrowers party thereto from time to time, the lenders party thereto from time to time (the “Lenders”), JPMorgan, as Administrative Agent and as Collateral Agent for the Lenders, and the other agents party thereto.
The Lenders have agreed to extend credit to the Domestic Borrower subject to the terms and conditions set forth in the Credit Agreement. The obligations of the Lenders to extend such credit are conditioned upon, among other things, the execution and delivery of this Agreement. The Domestic Subsidiary Loan Parties are Affiliates of the Domestic Borrower, will derive substantial benefits from the extension of credit to the Domestic Borrower pursuant to the Credit Agreement and are willing to execute and deliver this Agreement in order to induce the Lenders to extend such credit. Accordingly, the parties hereto agree as follows:
(a) The rules of construction specified in Section 1.02 of the Credit Agreement also apply to this Agreement. |
Section 1.02 Other Defined Terms. As used in this Agreement, the following terms have the meanings specified below: |
“Account Debtor” means any person who is or who may become obligated to any Guarantor under, with respect to or on account of an Account.
“Article 9 Collateral” has the meaning assigned to such term in Section 4.01.
“Collateral” means Article 9 Collateral and Pledged Collateral.
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“Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.
“Control Agreement” means a securities account control agreement or commodity account control agreement, as applicable, in form and substance reasonably satisfactory to the Collateral Agent.
“Copyrights” means all of the following now owned or hereafter acquired by any Guarantor: (a) all copyright rights in any work subject to the copyright laws of the United States or any other country, whether as author, assignee, transferee or otherwise; and (b) all registrations and applications for registration of any such Copyright in the United States or any other country, including registrations, supplemental registrations and pending applications for registration in the United States Copyright Office, including those listed on Schedule III.
“Credit Agreement” has the meaning assigned to such term in the preliminary statement of this Agreement.
“Domestic Subsidiary Loan Party” has the meaning assigned to such term in the preliminary statement of this Agreement.
“Excluded Swap Obligation” means, with respect to any Guarantor, any Swap Obligation if, and to the extent that, all or a portion of the Guarantee of such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the Guarantee of such Guarantor or the grant of such security interest becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such Guarantee or security interest is or becomes illegal.
“Federal Securities Laws” has the meaning assigned to such term in Section 5.04.
“General Intangibles” means all “General Intangibles” as defined in the New York UCC, including all chosen in action and causes of action and all other intangible personal property of any Guarantor of every kind and nature (other than Accounts) now owned or hereafter acquired by any Guarantor, including corporate or other business records, indemnification claims, contract rights (including rights under leases, whether entered into as lessor or lessee, Swap Agreements and other agreements), Intellectual Property, goodwill, registrations, franchises, tax refund claims and any letter of credit, guarantee, claim, security interest or other security held by or granted to any Guarantor to secure payment by an Account Debtor of any of the Accounts.
“Guaranteed Obligations” means (a) the Loan Document Obligations, (b) the due and punctual payment and performance of all obligations (other than Excluded Swap Obligations) of each Loan Party under each Swap Agreement (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether
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allowed or allowable in such proceeding) that (i) is in effect on the Closing Date with a counterparty that is a Lender or an Affiliate of a Lender as of the Closing Date or (ii) is entered into after the Closing Date with any counterparty that is a Lender or an Affiliate of a Lender at the time such Swap Agreement is entered into and (c) the due and punctual payment and performance of all obligations of each Loan Party under each Treasury Management Agreement or any other cash management or depository agreement provided by the Administrative Agent, the Collateral Agent, any Lender or any other Treasury Management Counterparty.
“Guarantors” means the Domestic Borrower and each Domestic Subsidiary Loan Party.
“Intellectual Property” means all intellectual and similar property of every kind and nature now owned or hereafter acquired by any Guarantor, including inventions, designs, Patents, Copyrights, Trademarks, IP Agreements, trade secrets, domain names, confidential or proprietary technical and business information, know-how, show-how or other data or information and all related documentation.
“IP Agreements” means all agreements granting to or receiving from a third party any rights to Intellectual Property to which any Guarantor, now or hereafter, is a party.
“Loan Document Obligations” means the "Obligations" as such term is defined in the Credit Agreement.
“Material Pledged Debt Securities” has the meaning assigned to such term in Section 3.01.
“New York UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York.
“Patents” means all of the following now owned or hereafter acquired by any Guarantor: (a) all letters patent of the United States or the equivalent thereof in any other country, and all applications for letters patent of the United States or the equivalent thereof in any other country, including those listed on Schedule III, and (b) all reissues, continuations, divisions, continuations-in-part or extensions thereof, and the inventions disclosed or claimed therein, including the right to make, use and/or sell the inventions disclosed or claimed therein.
“Perfection Certificate” means a certificate substantially in the form of Exhibit II, completed and supplemented with the schedules and attachments contemplated thereby, and duly executed by a Financial Officer of the Domestic Borrower.
“Pledged Collateral” has the meaning assigned to such term in Section 3.01.
“Pledged Debt Securities” has the meaning assigned to such term in Section 3.01.
“Pledged Securities” means any promissory notes, stock certificates or other certificated securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.
“Pledged Stock” has the meaning assigned to such term in Section 3.01.
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“Pledgor” shall mean each Guarantor.
“Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Guarantor that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.
“Secured Parties” means (a) the Lenders, (b) the Administrative Agent, (c) the Collateral Agent, (d) each Issuing Bank, (e) each counterparty to any Swap Agreement entered into with a Loan Party the obligations under which constitute Guaranteed Obligations, (f) each Treasury Management Counterparty, (g) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (h) the successors and permitted assigns of each of the foregoing.
“Security Interest” has the meaning assigned to such term in Section 4.01.
“Swap Obligation” means, with respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.
“Trademarks” means all of the following now owned or hereafter acquired by any Guarantor: (a) all trademarks, service marks, corporate names, company names, business names, trade dress, logos, other source or business identifiers, designs and general intangibles of like nature, now existing or hereafter adopted or acquired, all registrations thereof (if any), and all registration and recording applications filed in connection therewith in the United States Patent and Trademark Office or any similar offices in any State of the United States or any other country or any political subdivision thereof, and all renewals thereof, including those listed on Schedule III (provided that no security interest shall be granted in United States intent-to-use trademark applications to the extent that, and solely during the period in which, the grant of a security interest therein would impair the validity or enforceability of such intent-to-use trademark applications under applicable federal law) and (b) all goodwill associated therewith or symbolized thereby.
(i) the failure of the Administrative Agent, the Collateral Agent or any other Secured Party to assert any claim or demand or to exercise or enforce any right or remedy under the provisions of any Loan Document or otherwise; |
(ii) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of, any Loan Document or any other agreement, including with respect to any other Guarantor under this Agreement; |
(iii) the failure to perfect any security interest in, or the exchange, substitution, release or any impairment of, any Collateral or any other collateral securing the Guaranteed Obligations; |
(iv) any default, failure or delay, willful or otherwise, in the performance of the Guaranteed Obligations; |
(v) any other act or omission that may or might in any manner or to any extent vary the risk of any Guarantor or otherwise operate as a discharge of any Guarantor as a matter of law or equity (other than the indefeasible payment in full in cash of all the Guaranteed Obligations); |
(vi) any law or regulation of any jurisdiction or any other event affecting any term of a Guaranteed Obligation; |
(vii) any illegality, lack of validity or enforceability of any Guaranteed Obligation; |
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(viii) any change in the corporate existence, structure or ownership of any Borrower, or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any Borrower or its assets or any resulting release or discharge of any Guaranteed Obligation; |
(ix) the existence of any claim, set-off or other rights that the Guarantor may have at any time against any Borrower, the Collateral Agent, or any other corporation or person, whether in connection herewith or any unrelated transactions, provided that Guarantor hereby promises to and will forthwith pay, or cause to be paid, to the Collateral Agent for distribution to the applicable Secured Parties in cash the amount of such unpaid Guaranteed Obligation. Upon payment by any Guarantor of any sums to the Collateral Agent as provided above, all rights of such Guarantor against any Borrower, or other Loan Party or any other Guarantor arising as a result thereof by way of right of subrogation, contribution, reimbursement, indemnity or otherwise shall in all respects be subject to Article VI. |
Section 2.07 Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Guarantor to honor all of its obligations under this Agreement in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 2.07 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 2.07, or otherwise under this Agreement, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 2.07 shall remain in full force and effect until this Agreement has been terminated in accordance with its terms. Each Qualified ECP Guarantor intends that this Section 2.07 constitute, and this Section 2.07 shall be deemed to constitute, a “keepwell, support, 8
or other agreement” for the benefit of each other Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. |
TO HAVE AND TO HOLD the Pledged Collateral, together with all right, title, interest, powers, privileges and preferences pertaining or incidental thereto, unto the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, forever; subject, however, to the terms, covenants and conditions hereinafter set forth.
(a) Each Pledgor will cause any Material Pledged Debt Securities owed to such Pledgor by any person to be evidenced by a duly executed promissory note that is pledged and delivered to the Collateral Agent for the ratable benefit of the Secured Parties, pursuant to the terms hereof. To the extent any such promissory note is a demand note, each Pledgor party thereto agrees, if requested by the Collateral Agent, to immediately demand payment thereunder upon an Event of Default specified under Sections 7.01(b), (c), (f), (h) or (i) of the Credit Agreement. |
(b) Upon delivery to the Collateral Agent, (i) any Pledged Securities required to be delivered pursuant to the foregoing paragraphs (a) and (b) of this Section 3.02 shall be accompanied by stock powers or note powers, as applicable, duly executed in blank or other instruments of transfer reasonably satisfactory to the Collateral Agent and by such other instruments and documents as the Collateral Agent may reasonably request and (ii) all other property composing part of the Pledged Collateral delivered pursuant to the terms of this Agreement shall be accompanied to the extent necessary to perfect the security interest in or allow realization on the Pledged Collateral by proper instruments of assignment duly executed by the applicable Pledgor and such other instruments or documents (including issuer acknowledgments in respect of uncertificated securities) as the Collateral Agent may reasonably request. Each delivery of Pledged Securities shall be accompanied by a schedule describing the securities, which schedule shall be attached hereto as Schedule II and made a part hereof; provided that failure to attach any such schedule hereto shall not affect the validity of such pledge of such Pledged Securities. Each schedule so delivered shall supplement any prior schedules so delivered. |
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(a) Schedule II correctly sets forth as of the Closing Date the (x) name and jurisdiction of each issuer of, and the ownership interest (including percentage owned and number of shares or units) of each Pledgor in, the Pledged Stock and (y) amount and obligor under the Material Pledged Debt Securities; |
(b) the Pledged Stock and Pledged Debt Securities (solely with respect to Pledged Debt Securities issued by a person that is not a Subsidiary of the Domestic Borrower or an Affiliate of any such Subsidiary, to each Pledgor’s knowledge) have been duly and validly authorized and issued by the issuers thereof and (i) in the case of Pledged Stock, are fully paid and nonassessable and (ii) in the case of Pledged Debt Securities (solely with respect to Pledged Debt Securities issued by a person that is not a Subsidiary of the Domestic Borrower or an Affiliate of any such Subsidiary, to each Pledgor’s knowledge) are legal, valid and binding obligations of the issuers thereof; |
(c) except for the security interests granted hereunder, each Pledgor is and, subject to any transfers made in compliance with the Credit Agreement, will continue to be the direct owner, beneficially and of record, of the Pledged Securities indicated on Schedule II as owned by such Pledgor, holds the same free and clear of all Liens, other than Liens permitted under Section 6.02 of the Credit Agreement, will make no assignment, pledge, hypothecation or transfer of, or create or permit to exist any security interest in or other Lien on, the Pledged Collateral, other than pursuant to a transaction permitted by the Credit Agreement and other than Liens permitted under Section 6.02 of the Credit Agreement and subject to the rights of such Pledgor under the Loan Documents to dispose of Pledged Collateral, will defend its title or interest hereto or therein against any and all Liens (other than Liens permitted under Section 6.02 of the Credit Agreement), however arising, of all persons; |
(d) except for restrictions and limitations imposed by the Loan Documents, securities laws generally, the laws of any applicable foreign jurisdiction (with respect to Pledged Collateral pledged after the Closing Date) or otherwise permitted to exist pursuant to the terms of the Credit Agreement, (i) the Pledged Collateral is and will continue to be freely transferable and assignable and (ii) none of the Pledged Collateral is or will be subject to any option, right of first refusal, shareholders agreement, charter or by-law provisions or contractual restriction of any nature that might prohibit, impair, delay or otherwise affect the pledge of such Pledged Collateral hereunder, the sale or disposition thereof pursuant hereto or the exercise by the Collateral Agent of rights and remedies hereunder; |
(e) each Pledgor has the power and authority to pledge the Pledged Collateral pledged by it hereunder in the manner hereby done or contemplated; |
(f) except for consents or approvals required by laws of any applicable foreign jurisdiction (with respect to Pledged Collateral pledged after the Closing Date), no consent or approval of any Governmental Authority, any securities exchange or any other person was or is necessary to the validity of the pledge effected hereby (other than such as have been obtained and are in full force and effect); |
(g) by virtue of the execution and delivery by the Pledgors of this Agreement, when any Pledged Securities are delivered to the Collateral Agent, for the ratable benefit of the 11
Secured Parties, in accordance with this Agreement, the Collateral Agent will obtain, for the ratable benefit of the Secured Parties, a legal, valid and perfected first priority lien upon and security interest in such Pledged Securities as security for the payment and performance of the Guaranteed Obligations under the New York UCC, except, in the case of Pledged Securities delivered after the Closing Date, as provided by the laws of any applicable foreign jurisdiction and subject to Liens permitted by the Credit Agreement; and |
(h) the pledge effected hereby is effective to vest in the Collateral Agent, for the ratable benefit of the Secured Parties, the rights of the Pledgors in the Pledged Collateral as set forth herein, except as provided by the laws of any applicable foreign jurisdiction (with respect to Pledged Collateral pledged after the Closing Date). |
(a) Upon the occurrence and during the continuance of an Event of Default and after notice by the Collateral Agent to the relevant Pledgors of the Collateral Agent’s intention to exercise its rights hereunder, except as provided by the laws of any applicable foreign jurisdiction, all rights of any Pledgor to dividends, interest, principal or other distributions that such Pledgor is authorized to receive pursuant to paragraph (a)(iii) of this Section 3.04 shall cease, and all such rights shall thereupon become vested, for the ratable benefit of the Secured Parties, in the Collateral Agent which shall have the sole and exclusive right and authority to receive and retain such dividends, interest, principal or other distributions. All dividends, interest, principal or other distributions received by any Pledgor contrary to the provisions of this Section 3.04 shall not be commingled by such Pledgor with any of its other funds or property but shall be held separate and apart therefrom, shall be held in trust for the benefit of the Collateral Agent, for the ratable benefit of the Secured Parties, and shall be forthwith delivered to the Collateral Agent, for the ratable benefit of the Secured Parties, in the same form as so received (endorsed in a manner reasonably satisfactory to the Collateral Agent). Any and all money and other property paid over to or received by the Collateral Agent pursuant 12
to the provisions of this paragraph (b) shall be retained by the Collateral Agent in an account to be established by the Collateral Agent upon receipt of such money or other property and shall be applied in accordance with the provisions of Section 5.02. After all Events of Default have been cured or waived and the Domestic Borrower has delivered to the Collateral Agent a certificate to that effect, the Collateral Agent shall promptly repay to each Pledgor (without interest) all dividends, interest, principal or other distributions that such Pledgor would otherwise be permitted to retain pursuant to the terms of paragraph (a)(iii) of this Section 3.04 and that remain in such account. |
(b) Upon the occurrence and during the continuance of an Event of Default and after notice by the Collateral Agent to the relevant Pledgors of the Collateral Agent’s intention to exercise its rights hereunder, except as provided by the laws of any applicable foreign jurisdiction, all rights of any Pledgor to exercise the voting and/or consensual rights and powers it is entitled to exercise pursuant to paragraph (a)(i) of this Section 3.04, and the obligations of the Collateral Agent under paragraph (a)(ii) of this Section 3.04, shall cease, and all such rights shall thereupon become vested in the Collateral Agent, for the ratable benefit of the Secured Parties, which shall have the sole and exclusive right and authority to exercise such voting and consensual rights and powers; provided that, unless otherwise directed by the Required Lenders, the Collateral Agent shall have the right from time to time following and during the continuance of an Event of Default to permit the Pledgors to exercise such rights. |
After all Events of Default have been cured or waived and the Domestic Borrower has delivered to the Collateral Agent a certificate to that effect, each Pledgor shall have the right to exercise the voting and/or consensual rights and powers that such Pledgor would otherwise be entitled to exercise pursuant to the terms of paragraph (a)(i) above.
(i) all Accounts; |
(ii) all Chattel Paper; |
(iii) all cash and Deposit Accounts; |
(iv) all Documents; |
(v) all Equipment; |
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(vi) all Fixtures; |
(vii) all General Intangibles; |
(viii) all Instruments; |
(ix) all Inventory; |
(x) all Investment Property; |
(xi) all Letter-of-Credit Rights; |
(xii) all Commercial Tort Claims; |
(xiii) all books and records pertaining to the Article 9 Collateral; and |
(xiv) to the extent not otherwise included, all proceeds, supporting obligations and products of any and all of the foregoing and all collateral given by any person with respect to any of the foregoing. |
Notwithstanding anything to the contrary in this Agreement, this Agreement shall not constitute a grant of a security interest (other than the grant of security interest in the Pledged Stock pursuant to Section 3.01) in, and “Article 9 Collateral” shall not include, (a) any Equity Interests of any Person (except for Equity Interests of any Material Subsidiary listed on Schedule VI hereto as such schedule may be updated from time to time, that can be perfected upon the filing of a financing statement), (b) any Material Pledged Debt Securities or any debt securities that may be pledged pursuant to any foreign pledge agreement under the terms of the Credit Agreement, (c) any assets of any Subsidiary to the extent that, as of the Closing Date, and for so long as, a pledge of such assets would violate a contractual obligation binding on such assets or such Subsidiary, (d) any assets of any Subsidiary acquired after the Closing Date in accordance with the Credit Agreement if, and to the extent that, and for so long as (1) pledging such assets would violate applicable law or a contractual obligation binding on such assets or such Subsidiary and (2) such law or obligation existed at the time of the acquisition thereof or (e) any United States intent-to-use trademark applications to the extent that, and solely during the period in which, the grant of a security interest therein would impair the validity or enforceability of such intent-to-use trademark applications under applicable federal law; provided, that, upon the reasonable request of the Collateral Agent, Domestic Borrower shall, and shall cause any applicable Subsidiary to, use commercially reasonable efforts to have waived or eliminated any contractual obligation of the types described in clauses (c) and (d) above, other than those set forth in a joint venture agreement to which any Subsidiary is a party ..
(c) Each Guarantor hereby irrevocably authorizes the Collateral Agent at any time and from time to time to file in any relevant jurisdiction any initial financing statements (including fixture filings), continuation statements, or other filings and recordings, with respect to the Article 9 Collateral and any other collateral pledged hereunder or any part thereof and amendments thereto that contain the information required by Article 9 of the Uniform Commercial Code of each applicable jurisdiction for the filing of any financing statement or amendment, or such other information as may be required under applicable law including (i) 14
whether such Guarantor is an organization, the type of organization and any organizational identification number issued to such Guarantor, (ii) in the case of Fixtures, a sufficient description of the real property to which such Article 9 Collateral relates and (iii) a description of collateral that describes such property in any other manner as the Collateral Agent may reasonably determine is necessary or advisable to ensure the perfection of the security interest in the Article 9 Collateral or other collateral granted under this Agreement, including describing such property as “all assets” or “all property”. Each Guarantor agrees to provide such information to the Collateral Agent promptly upon request. |
The Collateral Agent is further authorized to file with the United States Patent and Trademark Office or United States Copyright Office (or any successor office or any similar office in any other country) such documents as may be necessary or advisable for the purpose of perfecting, confirming, continuing, enforcing or protecting the Security Interest granted by each Guarantor, without the signature of any Guarantor, and naming any Guarantor or the Guarantors as debtors and the Collateral Agent as secured party.
(d) The Security Interest is granted as security only and shall not subject the Collateral Agent or any other Secured Party to, or in any way alter or modify, any obligation or liability of any Guarantor with respect to or arising out of the Article 9 Collateral. |
Section 4.02 Representations and Warranties. The Guarantors jointly and severally represent and warrant to the Collateral Agent and the Secured Parties that: |
(a) Each Guarantor has good and valid rights in and title to the Article 9 Collateral with respect to which it has purported to grant a Security Interest hereunder and has full power and authority to grant to the Collateral Agent the Security Interest in such Article 9 Collateral pursuant hereto and to execute, deliver and perform its obligations in accordance with the terms of this Agreement, without the consent or approval of any other person other than any consent or approval that has been obtained and is in full force and effect |
(b) The Perfection Certificate has been duly prepared, completed and executed and the information set forth therein, including the exact legal name of each Guarantor, is correct and complete, in all material respects, as of the Closing Date. Uniform Commercial Code financing statements (including fixture filings, as applicable) or other appropriate filings, recordings or registrations containing a description of the Article 9 Collateral have been prepared by the Collateral Agent based upon the information provided to the Collateral Agent in the Perfection Certificate for filing in each governmental, municipal or other office specified in the Perfection Certificate (or specified by notice from the Domestic Borrower to the Collateral Agent after the Closing Date in the case of filings, recordings or registrations required by Section 5.10 of the Credit Agreement), and constitute all the filings, recordings and registrations (other than filings required to be made in the United States Patent and Trademark Office and the United States Copyright Office in order to perfect the Security Interest in Article 9 Collateral consisting of United States Patents, United States registered Trademarks and United States registered Copyrights) that are necessary to publish notice of and protect the validity of and to establish a legal, valid and perfected security interest in favor of the Collateral Agent (for the ratable benefit of the Secured Parties) in respect of all Article 9 Collateral in which the Security Interest may be perfected by filing, recording or registration in the United States (or any political 15
subdivision thereof) and its territories and possessions, and no further or subsequent filing, refiling, recording, rerecording, registration or reregistration is necessary in any such jurisdiction, except as provided under applicable law with respect to the filing of continuation statements or amendments. Each Guarantor represents and warrants that a fully executed agreement in the form hereof (or a short form hereof which form shall be reasonably acceptable to the Collateral Agent) containing a description of all Article 9 Collateral consisting of Intellectual Property with respect to United States Patents (and Patents for which United States registration applications are pending), United States registered Trademarks (and Trademarks for which United States registration applications are pending) and United States registered Copyrights (and Copyrights for which United States registration applications are pending) has been delivered to the Collateral Agent for recording with the United States Patent and Trademark Office and the United States Copyright Office pursuant to 35 U.S.C. § 261, 15 U.S.C. § 1060 or 17 U.S.C. § 205 and the regulations thereunder, as applicable, and reasonably requested by the Collateral Agent, to protect the validity of and to establish a legal, valid and perfected security interest in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, in respect of all Article 9 Collateral consisting of such Intellectual Property in which a security interest may be perfected by recording with the United States Patent and Trademark Office and the United States Copyright Office, and no further or subsequent filing, refiling, recording, rerecording, registration or reregistration is necessary (other than such actions as are necessary to perfect the Security Interest with respect to any Article 9 Collateral consisting of Patents, Trademarks and Copyrights (or registration or application for registration thereof) acquired or developed after the date hereof). |
(c) The Security Interest constitutes (i) a legal and valid security interest in all the Article 9 Collateral securing the payment and performance of the Guaranteed Obligations under the New York UCC, (ii) subject to the filings described in Section 4.02(b), a perfected security interest in all Article 9 Collateral in which a security interest may be perfected by filing, recording or registering a financing statement or analogous document in the United States (or any political subdivision thereof) and its territories and possessions pursuant to the Uniform Commercial Code or other applicable law in such jurisdictions and (iii) a security interest that shall be perfected in all Article 9 Collateral in which a security interest may be perfected upon the receipt and recording of this Agreement with the United States Patent and Trademark Office and the United States Copyright Office, as applicable. The Security Interest is not subject to any prior ranking or pari passu ranking Lien and shall be prior to any other Lien on any of the Article 9 Collateral, other than Liens expressly permitted pursuant to Section 6.02 of the Credit Agreement or arising by operation of law. |
(d) The Article 9 Collateral is owned by the Guarantors free and clear of any Lien, other than Liens expressly permitted pursuant to Section 6.02 of the Credit Agreement or arising by operation of law. None of the Guarantors has filed or consented to the filing of (i) any financing statement or analogous document under the Uniform Commercial Code or any other applicable laws covering any Article 9 Collateral, (ii) any assignment in which any Guarantor assigns any Article 9 Collateral or any security agreement or similar instrument covering any Article 9 Collateral with the United States Patent and Trademark Office or the United States Copyright Office or (iii) any assignment in which any Guarantor assigns any Article 9 Collateral or any security agreement or similar instrument covering any Article 9 Collateral with any foreign governmental, municipal or other office, which financing statement or analogous 16
document, assignment, security agreement or similar instrument is still in effect, except, in each case, for Liens expressly permitted pursuant to Section 6.02 of the Credit Agreement. |
(e) None of the Guarantors holds any Commercial Tort Claim individually in excess of $10,000,000 as of the Closing Date except as indicated on Schedule V hereto, as such schedule may be updated or supplemented from time to time. |
(f) All Accounts have been originated by the Guarantors and all Inventory has been acquired by the Guarantors in the ordinary course of business. |
(g) As to itself and its Intellectual Property, except to the extent not reasonably expected to have a Material Adverse Effect: |
(i) The operation of such Guarantor’s business as currently conducted and the use of the Intellectual Property in connection therewith do not infringe, misappropriate or otherwise violate the intellectual property rights of any third party. |
(ii) Such Guarantor owns or has the right to use the Intellectual Property. |
(iii) The Intellectual Property set forth on Schedule III hereto includes all of the patents, patent applications, domain names, trademark registrations and applications and copyright registrations and applications owned by such Guarantor. |
(iv) The Intellectual Property is subsisting and has not been adjudged invalid or unenforceable in whole or part. |
Subject to the rights of such Guarantor under the Loan Documents to dispose of Collateral, each Guarantor shall, at its own expense, take any and all actions necessary to defend title to the Article 9 Collateral against all persons and to defend the Security Interest of the Collateral Agent, for the ratable benefit of the Secured Parties, in the Article 9 Collateral and the priority thereof against any Lien not expressly permitted pursuant to Section 6.02 of the Credit Agreement.
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(a) Each Guarantor agrees, at its own expense, to execute, acknowledge, deliver and cause to be duly filed all such further instruments and documents and take all such actions as the Collateral Agent may from time to time reasonably request to preserve, protect and perfect the Security Interest and the rights and remedies created hereby, including the payment of any fees and taxes required in connection with the execution and delivery of this Agreement, the granting of the Security Interest and the filing of any financing statements (including fixture filings) or other documents in connection herewith or therewith. If any amount payable under or in connection with any of the Article 9 Collateral that is in excess of $10,000,000 shall be or become evidenced by any promissory note or other instrument, such note or instrument shall be promptly pledged and delivered to the Collateral Agent, for the ratable benefit of the Secured Parties, duly endorsed in a manner reasonably satisfactory to the Collateral Agent. |
Without limiting the generality of the foregoing, each Guarantor hereby authorizes the Collateral Agent, with prompt notice thereof to the Guarantors, to supplement this Agreement by supplementing Schedule III or adding additional schedules hereto to specifically identify any asset or item that may constitute Copyrights, Patents, Trademarks or EP Agreements; provided that any Guarantor shall have the right, exercisable within 30 days after it has been notified by the Collateral Agent of the specific identification of such Article 9 Collateral, to advise the Collateral Agent in writing of any inaccuracy of the representations and warranties made by such Guarantor hereunder with respect to such Article 9 Collateral. Each Guarantor agrees that it will use its commercially reasonable efforts to take such action as shall be necessary in order that all representations and warranties hereunder shall be true and correct with respect to such Article 9 Collateral within 30 days after the date it has been notified by the Collateral Agent of the specific identification of such Article 9 Collateral.
(b) After the occurrence of an Event of Default and during the continuance thereof, the Collateral Agent shall have the right to verify under reasonable procedures the validity, amount, quality, quantity, value, condition and status of, or any other matter relating to, the Article 9 Collateral, including, in the case of Accounts or Article 9 Collateral in the possession of any third person, by contacting Account Debtors or the third person possessing such Article 9 Collateral for the purpose of making such a verification. The Collateral Agent shall have the right to share any information it gains from such inspection or verification with any Secured Party. |
(c) At its option, the Collateral Agent may discharge past due taxes, assessments, charges, fees, Liens, security interests or other encumbrances at any time levied or placed on the Article 9 Collateral and not permitted pursuant to Section 6.02 of the Credit Agreement, and may pay for the maintenance and preservation of the Article 9 Collateral to the extent any Guarantor fails to do so as required by the Credit Agreement or this Agreement, and each Guarantor jointly and severally agrees to reimburse the Collateral Agent on demand for any reasonable payment made or any reasonable expense incurred by the Collateral Agent pursuant to the foregoing authorization; provided, however, that nothing in this Section 4.03(d) shall be interpreted as excusing any Guarantor from the performance of, or imposing any obligation on the Collateral Agent or any Secured Party to cure or perform, any covenants or other promises of any Guarantor with respect to taxes, assessments, charges, fees, Liens, security interests or other encumbrances and maintenance as set forth herein or in the other Loan Documents. |
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(d) Each Guarantor (rather than the Collateral Agent or any Secured Party) shall remain liable for the observance and performance of all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Article 9 Collateral and each Guarantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance. |
(e) None of the Guarantors shall make or permit to be made an assignment, pledge or hypothecation of the Article 9 Collateral or shall grant any other Lien in respect of the Article 9 Collateral, except as expressly permitted by the Credit Agreement. None of the Guarantors shall make or permit to be made any transfer of the Article 9 Collateral and each Guarantor shall remain at all times in possession of the Article 9 Collateral owned by it, except as permitted by the Credit Agreement. |
(f) None of the Guarantors will, without the Collateral Agent’s prior written consent, grant any extension of the time of payment of any Accounts included in the Article 9 Collateral, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partly, any person liable for the payment thereof or allow any credit or discount whatsoever thereon, other than extensions, credits, discounts, compromises or settlements granted or made in the ordinary course of business and consistent with prudent business practices or as otherwise permitted by the Credit Agreement. |
(g) Each Guarantor irrevocably makes, constitutes and appoints the Collateral Agent (and all officers, employees or agents designated by the Collateral Agent) as such Guarantor’s true and lawful agent (and attorney-in-fact) for the purpose, during the continuance of an Event of Default, of making, settling and adjusting claims in respect of Article 9 Collateral under policies of insurance covering the Article 9 Collateral, endorsing the name of such Guarantor on any check, draft, instrument or other item of payment for the proceeds of such policies of insurance and for making all determinations and decisions with respect thereto. In the event that any Guarantor at any time or times shall fail to obtain or maintain any of the policies of insurance required by the Credit Agreement or to pay any premium in whole or part relating thereto, the Collateral Agent may, without waiving or releasing any obligation or liability of the Guarantors hereunder or any Event of Default, in its sole discretion, obtain and maintain such policies of insurance and pay such premium and take any other actions with respect thereto as the Collateral Agent reasonably deems advisable. All sums disbursed by the Collateral Agent in connection with this Section 4.03(h), including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto, shall be payable, upon demand, by the Guarantors to the Collateral Agent and shall be additional Guaranteed Obligations secured hereby. |
(a) Instruments and Tangible Chattel Paper. If any Guarantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper evidencing an amount in excess 19
of $10,000,000, such Guarantor shall forthwith endorse, assign and deliver the same to the Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Collateral Agent may from time to time reasonably request. |
(b) Cash Accounts. No Guarantor shall grant control of any deposit account to any Person other than the Collateral Agent and the bank with which the deposit account is maintained. |
(c) Investment Property. Except to the extent otherwise provided in Article III, if any Guarantor shall at any time hold or acquire any certificated security, such Guarantor shall forthwith endorse, assign and deliver the same to the Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Collateral Agent may from time to time reasonably specify. If any security now or hereafter acquired by any Guarantor that is part of the Article 9 Collateral is uncertificated and is issued to such Guarantor or its nominee directly by the issuer thereof, upon the Collateral Agent’s reasonable request and following the occurrence of an Event of Default, such Guarantor shall promptly notify the Collateral Agent of such uncertificated securities and pursuant to an agreement in form and substance reasonably satisfactory to the Collateral Agent, either (i) cause the issuer to agree to comply with instructions from the Collateral Agent as to such security, without further consent of any Guarantor or such nominee, or (ii) cause the issuer to register the Collateral Agent as the registered owner of such security. If any security or other Investment Property that is part of the Article 9 Collateral, whether certificated or uncertificated, representing an Equity Interest in a third party and having a fair market value in excess of $10,000,000 now or hereafter acquired by any Guarantor is held by such Guarantor or its nominee through a securities intermediary or commodity intermediary, such Guarantor shall promptly notify the Collateral Agent thereof and, at the Collateral Agent’s request and option, pursuant to a Control Agreement either (A) cause such securities intermediary or commodity intermediary, as applicable, to agree, in the case of a securities intermediary, to comply with entitlement orders or other instructions from the Collateral Agent to such securities intermediary as to such securities or other Investment Property or, in the case of a commodity intermediary, to apply any value distributed on account of any commodity contract as directed by the Collateral Agent to such commodity intermediary, in each case without further consent of any Guarantor or such nominee, or (B) in the case of Financial Assets or other Investment Property held through a securities intermediary, arrange for the Collateral Agent to become the entitlement holder with respect to such Investment Property, for the ratable benefit of the Secured Parties, with such Guarantor being permitted, only with the consent of the Collateral Agent, to exercise rights to withdraw or otherwise deal with such Investment Property. The Collateral Agent agrees with each of the Guarantors that the Collateral Agent shall not give any such entitlement orders or instructions or directions to any such issuer, securities intermediary or commodity intermediary, and shall not withhold its consent to the exercise of any withdrawal or dealing rights by any Guarantor, unless an Event of Default has occurred and is continuing or, after giving effect to any such withdrawal or dealing rights, would occur. The provisions of this paragraph (c) shall not apply to any Financial Assets credited to a securities account for which the Collateral Agent is the securities intermediary. |
(d) Tort Claims. If any Guarantor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $10,000,000, such 20
Guarantor shall promptly notify the Collateral Agent thereof in a writing signed by such Guarantor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent. |
(a) Each Guarantor will, and will use its commercially reasonable efforts to cause its licensees or its sublicensees to, for each material Trademark necessary to the normal conduct of such Guarantor’s business, (i) maintain such Trademark in full force free from any adjudication of abandonment or invalidity for non-use, (ii) maintain the quality of products and services offered under such Trademark consistent with the quality of such products and services as of the date hereof, (iii) display such Trademark with notice of federal or foreign registration or claim of trademark or service mark as required under applicable law and (iv) not knowingly use or knowingly permit its licensees’ use of such Trademark in violation of any third-party rights. |
(b) Each Guarantor will, and will use its commercially reasonable efforts to cause its licensees or its sublicensees to, for each work covered by a material Copyright necessary to the normal conduct of such Guarantor’s business that it publishes, displays and distributes, use copyright notice as required under applicable copyright laws. |
(c) Each Guarantor shall notify the Collateral Agent promptly if it knows that any Patent, Trademark or Copyright material to the normal conduct of such Guarantor’s business may imminently become abandoned, lost or dedicated to the public other than by expiration, or of any materially adverse determination or development, excluding office actions and similar determinations in the United States Patent and Trademark Office, United States Copyright Office, any court or any similar office of any country, regarding such Guarantor’s ownership of any such material Patent, Trademark or Copyright or its right to register or to maintain the same. |
(d) Each Guarantor, either itself or through any agent, employee, licensee or designee, shall (i) inform the Collateral Agent on a semi-annual basis of each application by itself, or through any agent, employee, licensee or designee, for any Patent with the United States Patent and Trademark Office and each registration of any Trademark or Copyright with the United States Patent and Trademark Office, the United States Copyright Office or any comparable office or agency in any other country filed during the preceding six-month period, and (ii) upon the reasonable request of the Collateral Agent, execute and deliver any and all agreements, instruments, documents and papers as the Collateral Agent may reasonably request to evidence the Collateral Agent’s security interest in such Patent, Trademark or Copyright. |
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(e) Each Guarantor shall exercise its reasonable business judgment consistent with the practice in any proceeding before the United States Patent and Trademark Office, the United States Copyright Office or any comparable office or agency in any other country with respect to maintaining and pursuing each material application relating to any Patent, Trademark and/or Copyright (and obtaining the relevant grant or registration) material to the normal conduct of such Guarantor’s business and to maintain (i) each issued Patent and (ii) the registrations of each Trademark and each Copyright in each case that is material to the normal conduct of such Guarantor’s business, including, when applicable and necessary in such Guarantor’s reasonable business judgment, timely filings of applications for renewal, affidavits of use, affidavits of incontestability and payment of maintenance fees, and, if any Guarantor believes necessary in its reasonable business judgment, to initiate opposition, interference and cancellation proceedings against third parties. |
(f) In the event that any Guarantor knows or has reason to know that any Article 9 Collateral consisting of a Patent, Trademark or Copyright material to the normal conduct of its business has been or is about to be materially infringed, misappropriated or diluted by a third party, such Guarantor shall promptly notify the Collateral Agent and shall, if such Guarantor deems it necessary in its reasonable business judgment, promptly contact such third party, and if necessary in its reasonable business judgment, sue and recover damages, and take such other actions as are reasonably appropriate under the circumstances. |
(g) Upon and during the continuance of an Event of Default, each Guarantor shall use commercially reasonable efforts to obtain all requisite consents or approvals from the licensor under each IP Agreement to effect the assignment of all such Guarantor’s right, title and interest thereunder to (in the Collateral Agent’s sole discretion) the designee of the Collateral Agent or the Collateral Agent. |
The Collateral Agent shall give the applicable Pledgors 10 Business Days’ written notice (which each Pledgor agrees is reasonable notice within the meaning of Section 9-611 of the New York UCC or its equivalent in other jurisdictions) of the Collateral Agent’s intention to make any sale of Collateral. Such notice, in the case of a public sale, shall state the time and place for such sale and, in the case of a sale at a broker’s board or on a securities exchange, shall state the board or exchange at which such sale is to be made and the day on which the Collateral, or portion thereof, will first be offered for sale at such board or exchange. Any such public sale shall be held at such time or times within ordinary business hours and at such place or places as the Collateral Agent may fix and state in the notice (if any) of such sale. At any such sale, the Collateral, or the portion thereof, to be sold may be sold in one lot as an entirety or in separate parcels, as the Collateral Agent may (in its sole and absolute discretion) determine. The Collateral Agent shall not be obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given. The Collateral Agent may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, be made at the time and place to which the same was so adjourned. In the case of any sale of all or any part of the Collateral made on credit or for future delivery, the Collateral so sold may be retained by the Collateral Agent until the sale price is paid by the purchaser or purchasers thereof, but the Collateral Agent shall not incur any liability in the event that any such purchaser or purchasers shall fail to take up and pay for the Collateral so sold and, in the case of any such failure, such Collateral may be sold again upon notice given in accordance with provisions above. At any public (or, to the extent permitted by law, private) sale made pursuant to this Section 5.01, any Secured Party may bid for or purchase for cash, free (to the extent permitted by law) from any right of redemption, stay, valuation or appraisal on the part of any Pledgor (all such rights being also hereby waived and released to the extent permitted by law), the Collateral or any part thereof offered for sale and such Secured Party may, upon compliance with the terms of sale, hold, retain and dispose of such property in accordance with Section 5.02 hereof without further accountability to any Pledgor therefor. For purposes hereof, a written agreement to purchase the Collateral or any portion thereof shall be treated as a sale thereof; the Collateral Agent shall be free to carry out such sale pursuant to such agreement and no Pledgor shall be entitled to the return of the Collateral or any portion thereof
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subject thereto, notwithstanding the fact that after the Collateral Agent shall have entered into such an agreement all Events of Default shall have been remedied and the Guaranteed Obligations paid in full. As an alternative to exercising the power of sale herein conferred upon it, the Collateral Agent may proceed by a suit or suits at law or in equity to foreclose upon the Collateral and to sell the Collateral or any portion thereof pursuant to a judgment or decree of a court or courts having competent jurisdiction or pursuant to a proceeding by a court-appointed receiver. Any sale pursuant to the provisions of this Section 5.01 shall be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the New York UCC or its equivalent in other jurisdictions.
FIRST, to the payment of all costs and expenses incurred by the Administrative Agent and the Collateral Agent in connection with such collection or sale or otherwise in connection with this Agreement, any other Loan Document or any of the Guaranteed Obligations, including all court costs and the fees and expenses of its agents and legal counsel, the repayment of all advances made by the Administrative Agent and the Collateral Agent hereunder or under any other Loan Document on behalf of any Pledgor and any other costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Loan Document;
SECOND, to the payment in full of the Guaranteed Obligations (the amounts so applied to be distributed among the Secured Parties pro rata in accordance with the respective amounts of the Guaranteed Obligations owed to them on the date of any such distribution); and
THIRD, to the Pledgors, their successors or assigns, or as a court of competent jurisdiction may otherwise direct.
The Collateral Agent shall have absolute discretion as to the time of application of any such proceeds, moneys or balances in accordance with this Agreement. Upon any sale of Collateral by the Collateral Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the purchase money by the Collateral Agent or of the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to the Collateral Agent or such officer or be answerable in any way for the misapplication thereof.
(a) Each Guarantor hereby agrees that all Indebtedness and other monetary obligations owed by it to any other Guarantor or any Subsidiary shall be fully subordinated to the indefeasible payment in full in cash of the Guaranteed Obligations. |
(a) The Parties hereto agree that the Collateral Agent shall be entitled to indemnification as provided in Section 9.05 of the Credit Agreement. |
(b) Any such amounts payable as provided hereunder shall be additional Guaranteed Obligations secured hereby and by the other Security Documents. The provisions of this Section 7.05 shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Loan Document, the consummation of the transactions contemplated hereby, the repayment of any of the Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Collateral Agent or any other Secured Party. All amounts due under this Section 7.05 shall be payable on written demand therefor. |
Section 7.07 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. |
(a) Neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by the Collateral Agent and the Loan Party or Loan Parties with respect to which such waiver, 29
amendment or modification is to apply, subject to any consent required in accordance with Section 9.08 of the Credit Agreement. |
(a) Each party to this Agreement hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or any other Loan Document in any New York State or federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. |
(a) A Domestic Subsidiary Loan Party shall automatically be released from its obligations hereunder and the security interests in the Collateral of such Domestic Subsidiary Loan Party shall be automatically released upon the consummation of any transaction permitted by the Credit Agreement as a result of which such Domestic Subsidiary Loan Party ceases to be a Subsidiary of the Domestic Borrower pursuant to the terms of the Credit Agreement. |
(b) Upon any sale or other transfer by any Pledgor of any Collateral that is permitted under the Credit Agreement to any person that is not a Pledgor, or upon the effectiveness of any written consent to the release of the security interest granted hereby in any Collateral pursuant to Section 9.08 of the Credit Agreement, the security interest in such Collateral shall be automatically released. |
(c) If any security interest granted hereby in any Collateral violates Section 9.23 of the Credit Agreement, the security interest in such Collateral shall be automatically released. |
(d) In connection with any termination or release pursuant to paragraph (a), (b), (c) or (d) of this Section 7.14, the Collateral Agent shall execute and deliver to any Pledgor, at such Pledgor’s expense all documents that such Pledgor shall reasonably request to evidence such termination or release and shall assist such Pledgor in making any filing in connection therewith. Any execution and delivery of documents pursuant to this Section 7.14 shall be without recourse to or warranty by the Collateral Agent. |
Section 7.017 Credit Agreement. If any conflict or inconsistency exists between this Agreement and the Credit Agreement, the Credit Agreement shall govern. |
[Signature Page Follows]
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first above written.
DRESSER-RAND GROUP INC., as Domestic Borrower, Guarantor and Pledgor (in each capacity)
By:
Name:
Title:
DRESSER-RAND COMPANY, as a Guarantor and Domestic Subsidiary Loan Party (in each capacity)
By:
Name:
Title:
DRESSER-RAND LLC, as a Guarantor and Domestic Subsidiary Loan Party (in each capacity)
1
By:
Name:
Title:
D-R STEAM LLC, as a Guarantor and Domestic Subsidiary Loan Party (in each capacity)
By:
Name:
Title:
DRESSER-RAND POWER LLC, as a Guarantor and Domestic Subsidiary Loan Party (in each capacity)
By:
Name:
Title:
DRESSER-RAND GLOBAL SERVICES, INC., as a Guarantor and Domestic Subsidiary Loan Party (in each capacity)
By:
Name:
Title:
DR ACQUISITION LLC, as a Guarantor and Domestic Subsidiary Loan Party (in each capacity)
By:
Name:
Title:
2
JPMORGAN CHASE BANK, N.A., as Collateral Agent
By:
Name:
Title:
3
EXHIBIT F
RESERVE COSTS FOR MANDATORY COSTS RATE
1.Definitions
In this Exhibit F:
“Act” means the Bank of England Act of 1998.
The terms “eligible liabilities” and “special deposits” have the meanings ascribed to them by the Bank of England, on the day of the application of the formula.
“Fees Regulations” means the then‑current rules on periodic fees in the Supervision Manual of the FSA Handbook.
“FSA” means the Financial Services Authority.
“tariff base” has the meaning ascribed to it for the purposes of, and shall be calculated in accordance with, the Fees Regulations.
Any reference to a provision of any statute, directive, order or regulation herein is a reference to that provision as amended or re‑enacted from time to time. Capitalized terms used but not defined in this Exhibit F shall have the meanings ascribed to them in the Amended and Restated Credit Agreement dated as of September 30, 2013 (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto.
2.Calculation of the Mandatory Costs Rate
The Mandatory Costs Rate is an addition to the interest rate on each Eurocurrency Loan or any other sum on which interest is to be calculated to compensate the Lenders for the cost attributable to Eurocurrency Loan or such sum resulting from the imposition from time to time under or pursuant to the Act and/or by the Bank of England and/or the FSA (or other United Kingdom governmental authorities or agencies) of a requirement to place non‑interest bearing or special deposits (whether interest bearing or not) with the Bank of England and/or pay fees to the FSA calculated by reference to the liabilities used to fund the relevant Eurocurrency Loan or such sum.
The “Mandatory Costs Rate” will be the rate determined by the applicable Lender] to be equal to the rate (rounded upward, if necessary, to the next higher 1/100 of 1%) resulting from the application of the following formula:
1
in relation to a sterling Loan:
AB + C(B-D) + E x 0.01
100-(A+C)
in relation to a Loan in any currency other than sterling:
E x 0.01
300
where on the day of application of the formula:
Ais the percentage of that Lender’s eligible liabilities (in excess of any stated minimum) that the Bank of England requires it to hold in a non‑interest‑bearing deposit account in accordance with its cash ratio requirements;
Bis the rate of interest (exclusive of the Applicable Margin and Mandatory Costs Rate) payable on that day on the related Eurocurrency Loan or unpaid sum pursuant to this Agreement;
Cis the level of interest‑bearing special deposits, expressed as a percentage of eligible liabilities, which that Lender is required to maintain by the Bank of England (or other United Kingdom governmental authorities or agencies);
Dis the percentage rate per annum payable by the Bank of England on special deposits; and
Eis the rate of charge payable by JPMorgan Chase Bank, N.A. to the FSA pursuant to the Fees Regulations and expressed in pounds per £1 million of the tariff base of JPMorgan Chase Bank, N.A.;
(A, B, C and D are to be expressed in the formula as numbers and not as percentages. A negative result obtained from subtracting D from L shall be counted as zero. )
The Mandatory Costs Rate attributable to a Eurocurrency Loan or other sum for any period shall be calculated at or about 11:00 A.M. (London time) on the first day of such period for the duration of such period.
The determination of Mandatory Costs Rate by the Applicable Agent in relation to any period shall, in the absence of manifest error, be conclusive and binding on all parties hereto.
The Administrative Agent shall have no liability to any party to the Credit Agreement for any calculation under this Exhibit F (or any resulting under‑ or over‑compensation of any Lender)
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3.Change of Requirements
The Administrative Agent may from time to time, after consultation with the Borrower and the Lenders, determine and notify to all parties any amendments which are required to be made to this Exhibit in order to comply with any change in law, regulation or any requirements from time to time imposed by the Bank of England, the FSA or the European Central bank (or, in any case, any other authority which replaces all or any of its functions) and any such determination shall, in the absence of manifest error, be conclusive and binding on all parties.
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EXHIBIT G
[FORM OF]
SOLVENCY CERTIFICATE OF DRESSER-RAND GROUP INC.
SOLVENCY CERTIFICATE
September 30, 2013
This Solvency Certificate (this “Certificate”) is being delivered pursuant to Section 4.02(h) of that certain Amended and Restated Credit Agreement, dated as of the date hereof (the “Credit Agreement”), among Dresser-Rand Group Inc., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto (together with the Domestic Borrower, the “Borrowers”), the Lenders party thereto from time to time (the “Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent for the Lenders. Capitalized terms used in this Certificate that are not otherwise defined in this Certificate shall have the meanings set forth in the Credit Agreement.
Robert J. Saltarelli, Vice President and Treasurer and a Responsible Officer of the Domestic Borrower, hereby certifies to the Lenders and the Agents, on behalf of each of the Borrowers, that as of the date of this Certificate:
1.Immediately after giving effect to the Transactions and immediately following the making of each Loan and after giving effect to the application of the proceeds of each Loan on the date hereof, (a) the fair value of the assets of each Borrower and its Subsidiaries on a consolidated basis at a fair valuation will exceed the debts and liabilities, direct, subordinated, contingent or otherwise, of each Borrower and its Subsidiaries on a consolidated basis; (b) the present fair saleable value of the property of each Borrower and its Subsidiaries on a consolidated basis will be greater than the amount that will be required to pay the probable liability of each Borrower and its Subsidiaries on a consolidated basis on their debts and other liabilities, direct, subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured; (c) each Borrower and its Subsidiaries on a consolidated basis are able to pay their debts and liabilities, direct, subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured; and (d) each Borrower and its Subsidiaries on a consolidated basis do not have unreasonably small capital with which to conduct the business in which they are engaged, as such businesses are now conducted and are proposed to be conducted following the Closing Date.
2.None of the Borrowers believes that it or any of its Subsidiaries will incur debts beyond its ability to pay such debts as they mature, taking into account the timing and amounts of cash to be received by it or any Subsidiary, and the timing and amounts of cash to be payable on or in respect of its Indebtedness or the Indebtedness of any such Subsidiary.
[Signature page follows.]
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IN WITNESS WHEREOF, I have hereunto set my hand as of the date first written above.
DRESSER-RAND GROUP INC.,
as Domestic Borrower
By:_________________________________
Name:Robert J. Saltarelli
Title:Vice President and Treasurer
2
EXHIBIT H
[FORM OF]
CREDIT AGREEMENT SUPPLEMENT
[DATE]
To each of the Lenders and Issuing Banks
under the Credit Agreement referred to below
Ladies and Gentlemen:
Reference is made to the Amended and Restated Credit Agreement dated as of September 30, 2013 (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto. Terms defined in the Credit Agreement are used herein with the same meaning.
[NAME AND JURISDICTION OF INCORPORATION OF ADDITIONAL BORROWER] (the “Additional Borrower”), in consideration of the agreement of each Lender to extend credit to it from time to time under, and on the terms and conditions set forth in, the Credit Agreement does hereby assume each of the obligations imposed upon an Additional Borrower under the Credit Agreement and agrees to be bound by all of the terms and conditions of the Credit Agreement.
The Additional Borrower hereby agrees as follows:
1.The Additional Borrower hereby agrees, as of the date first above written, to be bound as a Foreign Borrower by all of the terms and conditions of the Credit Agreement to the same extent as each of the other Foreign Borrowers as if it had been a party thereto as a Foreign Borrower. The Additional Borrower further agrees, as of the date first above written, that each reference in the Credit Agreement to a “Foreign Borrower” or a “Loan Party” shall, as and where the context requires also mean and be a reference to the Additional Borrower, and each reference in any other Loan Document to a “Foreign Borrower” or a “Loan Party” shall also mean, as and where the context requires and be a reference to the Additional Borrower.
2.The Additional Borrower hereby represents and warrants to the Administrative Agent and each of the Lenders that the representations and warranties contained in each Loan Document are correct on and as of the date hereof as though made on and as of such date other than any such representations and warranties that, by their terms, refer to a date other than the date hereof, in which case as of such specific date.
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3Pursuant to the terms of the Credit Agreement, the Administrative Agent hereby indicates its approval.
4.(a)This supplement to the Credit Agreement (this “Credit Agreement Supplement”) shall be governed by, and construed and enforced in accordance with, the laws of the State of New York.
(b)The Additional Borrower hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Credit Agreement Supplement or the other Loan Documents, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. The Additional Borrower further irrevocably consents to the service of process in any action or proceeding in such courts by the mailing thereof by any parties thereto by registered or certified mail, postage prepaid, to the Additional Borrower at the address specified for the Loan Parties in Section 9.01(a) of the Credit Agreement. The Additional Borrower hereby further agrees that service of process in any such action or proceeding brought in any such New York state court or in any such federal court may be made upon the Domestic Borrower at its address specified in Section 9.01(a) of the Credit Agreement, and the Additional Borrower hereby irrevocably appoints the Domestic Borrower as its authorized agent (the “Process Agent”) to accept such service of process, and hereby irrevocably agrees that the failure of the Domestic Borrower to give any notice of such service to the Additional Borrower shall not impair or affect the validity of such service or of any judgment rendered in any action or proceeding based thereon. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Credit Agreement Supplement shall affect any right that any Lender or any Issuing Bank may otherwise have to bring any action or proceeding relating to this Credit Agreement Supplement or the other Loan Documents against any Borrower or any Loan Party or their properties in the courts of any jurisdiction.
(c)The Additional Borrower hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Credit Agreement Supplement or the other Loan Documents in any New York State or federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.
5.EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS CREDIT AGREEMENT SUPPLEMENT OR ANY OF THE OTHER LOAN DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS
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REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS CREDIT AGREEMENT SUPPLEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS PARAGRAPH.
Very truly yours,
[NAME OF ADDITIONAL BORROWER]
By
Name:
Title:
Address:
Accepted and Agreed with respect to its appointment as Process Agent, as set forth in paragraph 4(b):
[NAME OF DOMESTIC BORROWER]
By
Name:
Title:
Accepted and Agreed:
JPMORGAN CHASE BANK, N.A.,
as Administrative Agent
By
Name:
Title:
3
CONSENT
Dated as of _______________, 20__
The undersigned, _________________________, a _______________ corporation, as Guarantor under the Amended and Restated Domestic Guarantee and Collateral Agreement dated September 30, 2013 (the “Domestic Guarantee and Collateral Agreement”) in favor of the Collateral Agent and the Secured Parties under the Credit Agreement referred to in the foregoing Credit Agreement Supplement, hereby consents to such Credit Agreement Supplement and hereby confirms and agrees that (a) notwithstanding the effectiveness of such Credit Agreement Supplement, the Domestic Guarantee and Collateral Agreement is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of such Credit Agreement Supplement, each reference in the Domestic Guarantee and Collateral Agreement to the “Credit Agreement”, “thereunder”, “thereof” or words of like import shall mean and be a reference to the Credit Agreement, as supplemented by such Credit Agreement Supplement, and (b) the Domestic Guarantee and Collateral Agreement to which such Guarantor is a party and all of the Collateral described therein do, and shall continue to, secure the payment of all of the Obligations (in each case, as defined therein).
[NAME OF GUARANTORS]
By
Name:
Title:
4
EXHIBIT I
FORM OF TERM FACILITY NOTE
$_______________Dated: [ ]
FOR VALUE RECEIVED, the undersigned, DRESSER-RAND GROUP, INC., a Delaware corporation (the “Domestic Borrower”), HEREBY PROMISES TO PAY to the order of [NAME OF LENDER] (the “Lender”) or its registered assigns for the account of its applicable lending office the aggregate principal amount of the Term Facility Loans (as defined below) owing to the Lender by the Domestic Borrower pursuant to the Amended and Restated Credit Agreement dated as of September 30, 2013 (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto.
The Domestic Borrower promises to pay to the Lender or its registered assigns interest on the unpaid principal amount of each Term Facility Loan owing to the Lender from the date of such Term Facility Loan until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement.
Both principal and interest are payable in lawful money of the United States of America (except for Term Facility Loans denominated in any Foreign Currency, the principal and interest on which shall be paid in such Foreign Currency) to JPMorgan Chase Bank, N.A., as Administrative Agent, at 10 South Dearborn, 7th Floor, Chicago, IL, 60603 in immediately available funds. Each Term Facility Loan owing to the Lender by the Domestic Borrower and the maturity thereof, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto, which is part of this promissory note (the “Promissory Note”); provided, however, that the failure of the Lender to make any such recordation or endorsement shall not affect the Obligations of the Domestic Borrower under this Promissory Note.
This Promissory Note is one of the promissory notes referred to in, and is entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, (i) provides for the making of loans (the “Term Facility Loans”) by the Lender to or for the benefit of the Domestic Borrower from time to time in an aggregate amount not to exceed at any time outstanding the U.S. dollar amount first above mentioned, the indebtedness of the Domestic Borrower resulting from each such Term Facility Loan being evidenced by this Promissory Note, and (ii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. The obligations of the Domestic Borrower
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under this Promissory Note and the other Loan Documents, and the obligations of the other Loan Parties under the Loan Documents, are secured by the Collateral as provided in the Loan Documents.
The Domestic Borrower hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Promissory Note or the other Loan Documents, or for recognition or enforcement of any judgment, and hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. The Domestic Borrower further irrevocably consents to the service of process in any action or proceeding in such courts by the mailing thereof by any parties thereto by registered or certified mail, postage prepaid, to Domestic Borrower at the address specified for the Loan Parties in Section 9.01(a) of the Credit Agreement. The Domestic Borrower agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Promissory Note shall affect any right that the Lender may otherwise have to bring any action or proceeding relating to this Promissory Note or the other Loan Documents against any Borrower or any Loan Party or their properties in the courts of any jurisdiction.
The Domestic Borrower hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Promissory Note or the other Loan Documents in any New York State or federal court. The Domestic Borrower hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.
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This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New York.
DRESSER-RAND GROUP, INC.
By______________________________
Title:
3
LOANS AND PAYMENTS OF PRINCIPAL
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4
EXHIBIT J
FORM OF REVOLVING FACILITY NOTE
$_______________Dated: [ ]
FOR VALUE RECEIVED, the undersigned, [DRESSER-RAND GROUP, INC., a Delaware corporation (the “Domestic Borrower”)], HEREBY PROMISES TO PAY to the order of [NAME OF LENDER] (the “Lender”) or its registered assigns for the account of its applicable lending office the aggregate principal amount of the Revolving Facility Loans (as defined below) owing to the Lender by the Domestic Borrower pursuant to the Amended and Restated Credit Agreement dated as of September 30, 2013 (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto.
The Domestic Borrower promises to pay to the Lender or its registered assigns interest on the unpaid principal amount of each Revolving Facility Loan owing to the Lender from the date of such Revolving Facility Loan until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement.
Both principal and interest are payable in lawful money of the United States of America (except for Revolving Facility Loans denominated in any Foreign Currency, the principal and interest on which shall be paid in such Foreign Currency) to JPMorgan Chase Bank, N.A., as Administrative Agent, at 10 South Dearborn, 7th Floor, Chicago, IL, 60603 in immediately available funds. Each Revolving Facility Loan owing to the Lender by the Domestic Borrower and the maturity thereof, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto, which is part of this promissory note (the “Promissory Note”); provided, however, that the failure of the Lender to make any such recordation or endorsement shall not affect the Obligations of the Domestic Borrower under this Promissory Note.
This Promissory Note is one of the promissory notes referred to in, and is entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, (i) provides for the making of loans (the “Revolving Facility Loans”) by the Lender to or for the benefit of the Domestic Borrower from time to time in an aggregate amount not to exceed at any time outstanding the U.S. dollar amount first above mentioned, the indebtedness of the Domestic Borrower resulting from each such Revolving Facility Loan being evidenced by this Promissory Note, and (ii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. The obligations of the
1
Domestic Borrower under this Promissory Note and the other Loan Documents, and the obligations of the other Loan Parties under the Loan Documents, are secured by the Collateral as provided in the Loan Documents.
The Domestic Borrower hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Promissory Note or the other Loan Documents, or for recognition or enforcement of any judgment, and hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. The Domestic Borrower further irrevocably consents to the service of process in any action or proceeding in such courts by the mailing thereof by any parties thereto by registered or certified mail, postage prepaid, to Domestic Borrower at the address specified for the Loan Parties in Section 9.01(a) of the Credit Agreement. The Domestic Borrower agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Promissory Note shall affect any right that the Lender may otherwise have to bring any action or proceeding relating to this Promissory Note or the other Loan Documents against any Borrower or any Loan Party or their properties in the courts of any jurisdiction.
The Domestic Borrower hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Promissory Note or the other Loan Documents in any New York State or federal court. The Domestic Borrower hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.
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This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New York.
[DRESSER-RAND GROUP, INC.
By______________________________
Title:]
3
LOANS AND PAYMENTS OF PRINCIPAL
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4
EXHIBIT K
FORM OF EURO REVOLVING FACILITY NOTE
€_______________Dated: [ ]
FOR VALUE RECEIVED, the undersigned, GRUPO GUASCOR, S.L., a sociedad limitada organized under the laws of Spain (the “Spanish Borrower”), HEREBY PROMISES TO PAY to the order of [NAME OF LENDER] (the “Lender”) or its registered assigns for the account of its applicable lending office the aggregate principal amount of the Euro Revolving Facility Loans (as defined below) owing to the Lender by the Spanish Borrower pursuant to the Amended and Restated Credit Agreement dated as of September 30, 2013 (as may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DRESSER-RAND GROUP INC., a Delaware corporation (the “Domestic Borrower”), the Foreign Borrowers party thereto from time to time (together with the Domestic Borrower, the “Borrowers”), the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral Agent”) for the Lenders, and the other agents party thereto. Each capitalized term used herein but not otherwise defined herein has the meaning given such term in the Credit Agreement.
The Spanish Borrower promises to pay to the Lender or its registered assigns interest on the unpaid principal amount of each Euro Revolving Facility Loan owing to the Lender from the date of such Euro Revolving Facility Loan until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement.
Both principal and interest are payable in Euros to JPMorgan Chase Bank, N.A., as Administrative Agent, at 10 South Dearborn, 7th Floor, Chicago, IL, 60603 in immediately available funds. Each Euro Revolving Facility Loan owing to the Lender by the Spanish Borrower and the maturity thereof, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto, which is part of this promissory note (the “Promissory Note”); provided, however, that the failure of the Lender to make any such recordation or endorsement shall not affect the Obligations of the Spanish Borrower under this Promissory Note.
This Promissory Note is one of the promissory notes referred to in, and is entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, (i) provides for the making of loans (the “Euro Revolving Facility Loans”) by the Lender to or for the benefit of the Spanish Borrower from time to time in an aggregate amount not to exceed at any time outstanding the Euro amount first above mentioned, the indebtedness of the Spanish Borrower resulting from each such Euro Revolving Facility Loan being evidenced by this Promissory Note, and (ii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. The obligations of the Spanish Borrower under this Promissory Note and the other Loan Documents, and the obligations of the other Loan Parties under the Loan Documents, are secured by the Collateral as provided in the Loan Documents.
The Spanish Borrower hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Promissory Note or the other Loan Documents, or for recognition or enforcement of any judgment, and hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. The Spanish Borrower further irrevocably consents to the service of process in any action or proceeding in such courts by the mailing thereof by any parties thereto by registered or certified mail, postage prepaid, to Spanish Borrower at the address specified for the Loan Parties in Section 9.01(a) of the Credit Agreement. The Spanish Borrower hereby further agrees that service of process in any such action or proceeding brought in any such New York state court or in any such federal court may be made upon the Domestic Borrower at its address specified in Section 9.01(a) of the Credit Agreement, and the Spanish Borrower hereby irrevocably appoints the Domestic Borrower as its authorized agent to accept such service of process, and hereby irrevocably agrees that the failure of the Domestic Borrower to give any notice of such service to the Spanish Borrower shall not impair or affect the validity of such service or of any judgment rendered in any action or proceeding based thereon. The Spanish Borrower agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Promissory Note shall affect any right that the Lender may otherwise have to bring any action or proceeding relating to this Promissory Note or the other Loan Documents against any Borrower or any Loan Party or their properties in the courts of any jurisdiction.
The Spanish Borrower hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Promissory Note or the other Loan Documents in any New York State or federal court. The Spanish Borrower hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.
[Signature page follows]
This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New York.
GRUPO GUASCOR, S.L.
By:______________________________
Name:
Title:
LOANS AND PAYMENTS OF PRINCIPAL
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ARTICLE III. |
ARTICLE II. |
ARTICLE I. |