EXHIBIT 4.12
Amendment No. 3 dated as of September 22, 1998
to the Revolving Credit Facility dated as of April 4, 1997
Reference is made to that certain One Hundred and Sixty Million
Dollars ($160,000,000) Revolving Credit Facility, dated as of April 4, 1997,
amended as of June IO, 1997, and as of November 6, 1997 (as amended the
"Revolving Credit Facility"), among Trigen Energy Corporation (the "Borrower"),
Societe Generale (the "Issuing Bank and Agent") and the Banks listed on the
signature pages thereof. Capitalized terms used herein but not otherwise
defined herein shall have the meanings ascribed to them in the Revolving Credit
Facility.
The undersigned agree as follows,:
1. The first sentence of Article 1, Section 1.01 of the
Revolving Credit Facility is hereby amended to read as follows:
"The Revolving Credit Facility available to the Borrower pursuant to
this Agreement is One Hundred Sixty Million Seven Hundred Fifty Thousand
Dollars ($160,750,000)."
2. Annex A to the Revolving Credit Facility is hereby amended and is
restated in its entirety by Annex A hereto.
3. Article 1, Section 1.01(c) is hereby amended to read as follows:
"(c) Extension of Facility Period. The initial Facility Period shall
be four years, but may be extended by a total of two one-year extensions with
the prior written consent of the Banks, the Agent and the Issuing Bank.
Seventeen months before the end of a Facility Period, the Borrower may request
that the Banks extend the Facility Period by one year. Such a request shall be
in writing (and shall be irrevocable) and shall be delivered to Agent with such
other documentation as the Agent may request. Each Bank, the Agent and the
Issuing Bank each in its sole discretion may, but shall not be required to,
grant such a one-year extension to the Facility Period. The Agent will notify
the Borrower in writing fifteen mouths before the end of the Facility Period as
to whether the one-year extension will be granted and to advise the Borrower of
the new Termination Date and any other conditions to such extension, provided
that in the absence of such a notice by the Agent, the extension request will
be deemed denied."
4. Article 1, Section 1.08 (e) is hereby amended to read as follows:
"(e) Utilization Fee. If on any day the sum of the outstanding
aggregate principal amount of:
(i) the Loans, Unreimbursed Letters of Credit Obligations and the
aggregate of all of Credit Amounts, and
(ii) the Loans, Unreimbursed Letters of Credit Obligations, and the aggregate
of all Letter of Credit Amounts as definer under the 364-Day Revolving Credit
Facility, exceeds $160,000,000, the Borrower shall pay to the Agent for the
account of each Bank, a Utilization Fee. The Utilization Fee shall be paid
quarterly in arrears on the last day of each calendar quarter and on the
Repayment Date."
5. The definition of "Termination Date" in Article 10, Section 10.01
is restated in its entirety as follows:
"Termination Date" means: (a) the fourth anniversary of the Agreement
Date; or (b) if the Facility Period has been extended pursuant to Section 1.01
(c) either the fifth or sixth anniversary of the Agreement Date, as contained
in a notice from the Agent to the Borrower."
6. The definition of "Utilization Fee" in Article 1O, Section 10.01
is amended and restated in its entirety as follows:
"Utilization Fee" means the fee of .125% per annum of the
aggregate daily amount of the Loans, Letter of Credit Amounts and Unreimbursed
Letter of Credit Obligations as described in Section 1.08 (e)."
7. Whenever and wherever in the Revolving Credit Facility the amount
of the Facility is expressed to be One Hundred Twenty Five Million Dollars
($125,000,000), it shall henceforth be deemed to read as One Hundred Sixty
Million Seven Hundred Fifty Thousand Dollars ($160,750,000).
8. On the date hereof, the Borrower is executing and delivering Notes
in favor of the Banks which express the principal amount of the Facility as One
Hundred Sixty Million Seven Hundred Fifty Thousand Dollars ($160,750,000). In
exchange, the issuing Bank and Agent shall cancel and return any Notes which
express the principal amount of the Facility as being One Hundred Twenty Five
Million Dollars (S125,000,000).
9. Except as expressly amended herein (which Amendment shall be
effective only in the specific instances and for the specific purposes provided
herein) whenever the term "Revolving Credit Facility" or the term "Agreement"
is used in the Agreement, and in the other Loan Documents or the term "Other
Credit Facility" is used in the 364-Day Revolving Credit Facility, it shall be
deemed to refer to and mean the Revolving Credit Facility, as amended by this
Amendment and Amendments Nos. 1 and 2, and that the same may be subsequently
amended or modified from time to time.
10. This Amendment No. 3 may be executed in any number of
counted, each of which shall be deemed to be an original with the same effect
as if the signature thereto and hereto were upon the same instrument.
11. This Amendment No. 3 and the rights and obligations of the
parties hereunder shall be construed in accordance with and governed by the
laws of the State of New York (without giving effect to its choice of law
principles other than Section 5-1401 of the General Obligations Law).
12 This Amendment No. 3 shall be effective on the date first above
written.
IN WITNESS WHEREOF the undersigned have executed this Amendment No. 3
as of this 22nd day of September, 1998.
TRIGEN ENERGY CORPORATION,
Company
By: /s/ Stephen T. Ward
Name: Stephen T. Ward
Title: Treasurer
SOCIETE GENERALE, NEW YORK BRANCH Issuing Bank and Agent
By: /s/ Betty Burg
Name: Betty Burg
Title: Director
COMPAGNIE FINANCIERE DE CIC ET DE L'UNION EUROPEENNE, Bank
By: /s/ Albert Cola/G. Longuet Name: Albert Cola/G.
Longuet
Title:Vice President/Vice President
UNITED MISSOURI BANK, N.A., Bank
By: /s/ David A. Proffitt
Name: David A. Proffitt
Title: Senior Vice President
CREDIT LOCAL DE FRANCE,
Bank
By:/s/James R.Miller/Timothy Ononin Name:James R.
Miller/Timothy Ononin
Title:Gen'l Mgr./Asst.VicePresident
MELLON BANK N.A,
Bank
By: /s/ Peyton R. Latimer
Name: Peyton R. Latimer
Title: Senior Vice President
THE DAI-ICHI KANGYO BANK, LTD, Bank
By: /s/ Andreas Panteli
Name: Andreas Panteli
Title: Senior Vice President
NATEXIS BANQUE,
Bank
By:/s/Pieter J. vanTulder/John Rigo Name: Pieter J.
vanTulder/John Rigo
Title: Vice Pres. And Mgr./AVP
CREDIT COMMERCIAL DE FRANCE,
Bank
By: /s/ J.J.Salomon/Janine M. Ayoub Name:
J.J.Salomon/Janine M. Ayoub
Title: Senior VP/Asst. Treasurer
ANNEX A
Banks, Lending Offices Percentage
and Notice Addresses Commitments Interest
- -------------------- ----------- ----------
SOCIETY GENERALE, NEW YORK BRANCH $33,437,500 20.801%
Domestic Lending Office:
SOCIETE GENERALE, NEW YORK BRANCH
1221 Avenue of the Americas
New York, New York 10020
Eurodollar Lending Office:
SOCIETE GENERALE, NEW YORK BRANCH
1221 Avenue of the Americas
New York, New York 10020
Information Address:
SOCIETE GENERALE, NEW YORK BRANCH
1221 Avenue of the Americas
New York, New York 10020
Fax No.: (212) 278-7463 Tel No.: (212) 278-6926
Attention: Betty Burg
Director, European Corporate Group
Notice:
Attention: Mary Fawzi
Corporate Banking Officer
Fax No.: (212) 278-7463
Tel No.: (212) 278-6931
Notice concerning Letters of Credit:
Attention: Specialized Letters of Credit Services
Fax No.: (212) 278-7428
Tel No.: (212) 278-6921 Annex A
Wire Transfer Instructions:
Societe Generale-New York
ABA No. 026~004226
Account No. 09031308
Reference: Trigen Energy Corporation
Annex A
Banks, Lending Offices Percentage
and Notice Addresses Commitments Interest
- ---------------------- ----------- -----------
COMPAGNIE FINANCIERE DE CIC $27,781,250 17.282%
ET DE L'UNION EUROPEENNE
Domestic Lending Office:
COMPAGNIE FINANCIERE DE CIC ET DE L'UNION EUROPEENNE
520 Madison Avenue
New York, New York 10022
Fax No.: 212-715-4535
Tel No.: 212-715-4425
Attention: Albert M. Calo
Eurodollar Lending Office:
COMPAGNIE FINANCIERE DE CIC ET DE L'UNION EUROPEENNE
520 Madison Avenue
New York, New York 10022
Fax No.: 212-715-4535
Tel No.: 212-715-4425
Attention: Albert M. Calo
Information Address:
COMPAGNIE FINANCIERE DE CIC ET DE L'UNION EUROPEENNE
520 Madison Avenue
New York, New York 10022
Fax No.: 212-715-4535
Tel No.: 212-715-4425
Attention: Albert M. Calo
Annex A
Banks, Lending Offices Percentage
and Notice Addresses Commitments Interest
- ---------------------- ----------- ----------
UNITED MISSOURI BANK, N.A. $7,812,500 4.860%
Domestic Lending Office:
UNITED MISSOURI BANK, N.A.
1010 Grand Boulevard
Kansas City, MO 60141
Fax No.: 816-860-7143
Tel No.: 816-860-7935
Attention: David A. Proffitt
Eurodollar Lending Office:
UNITED MISSOURI BANK, N.A.
1010 Grand Boulevard
Kansas City, MO 60141
Fax 240: 816-860-7143
Tel No.: 816-860-7935
Attention: David A. Proffitt
Information Address:
UNITED MISSOURI BANK, N.A.
1010 Grand Boulevard
Kansas City, MO 00141
Fax No.: 816-860-7143
Tel No.: 816-860-7935
Attention: David A. Proffitt
Annex A
Banks, Lending Offices Percentage
and Notice Addresses Commitments Interest
- ---------------------- ----------- ---------
CREDIT LOCAL DE FRANCE $18,750,000 11.664%
Domestic Lending Office:
CREDIT LOCAL DE FRANCE
450 Park Avenue
3rd Floor
New York, New York 10022
Fax No.: 212-753-7522
Tel No.: 212-753-2613 // 212-753-2763
Attention: Ms. Aida Slabotzky
Eurodollar Lending Office:
CREDIT LOCAL DE FRANCE
450 Park Avenue
3rd Floor
New York, New York 10022
Fax No.: 212-753-7522
Tel No.: 212-753-2613 // 212-7S3-2763
Attention: Ms. Aida Slabotzky
Information Address:
CREDIT LOCAL DE FRANCE
450 Park Avenue
3rd Floor
New York, New York 10022
Fax No.: 212-753-5522
Tel No.: 212-753-2763 // 212-753-3546
Attention: Ms. Mary Popover
Annex A
Banks, Lending Offices Percentage
And Notice Addresses Commitments Interest
- ---------------------- ----------- ----------
MELLON BANK, N.A. $10,156,250 6.318%
Domestic Lending Once:
MELLON BANK, N.A.
65 East 55th Street
New York, New York 10022
Fax No.: 412-236-2027
Tel No.: 412-234-3699
Attention: Ms. Pinkey Holiday
Eurodo11ar Deciding Office:
MELLON BANK, N.A.
65 East 55th Street
New York, New York 10022
Fax No.: 412-236-2027
Tel No.: 412-234-3699
Attention: Ms. Pinkey Holiday
Information Address:
MELLON BANIC, N.A.
65 East 55th Strew
New York, New York 10022
Fax No.: 212-702-5269
Tel No.: 212-702-5258
Attention: Ms. Arlene Pedovitch
Annex A
Banks, Lendlug Offices Percentage
and Notice Addresses Commitments interest
- ---------------------- ----------- -----------
THE DAI-ICHI KANGYO BANK, LTD. $7,812,500 4.860%
Domestic Lending Office:
THE DAI-ICHI KANGYO BANK, LTD.
One World Trade Center
48th Floor
New York, New York 10048
Fax No.: 212-488-8955
Tel No.: 21Z-432-8436
Attention: Mr. Paul Colatrella
Eurodollar Lending Office
THE DAI-ICHI KANGYO BANK, BANK
One World Trade Center
48th Floor
New York, New York 10048
Fax No.: 212-488-8955
Tel No.: 212-432-8436
Attention: Mr. Paul Colatrella
Information Address:
THE DAI-ICHI KANGYO BANK, LTD.
One World Trade Center
48th Floor
New York, New York 10048
Fax No.: 212-488-8955
Tel No.: 212-432-8436
Attention: Mr. Paul Colatrella
Annex A
Banks, Lending Offices Percentage
and Notice Addresses Commitments Interest
- ---------------------- ----------- ----------
NATEXIS BANQUE $24,750,000 15.397%
Domestic Lending Office:
NATEXIS BANQUE
645 Fifth Avenue
New York, New York 10022
Fax No.: 212-872-5045
Tel No,.: 212-872-5119
Attention: Mr. John Rigo
Eurodollar Lending Office:
NATEXIS BANQUE:
645 Fifth Avenue
New York, lvew York 10022
Fax No.: 212-872-5045
Tel NO.: 212-872-5119
Attention: Mr. John Rigo
Information Address:
NATEXIS BANQUE
645 Fifth Avenue
New York, New York 10022
Fax No.: 212-872-5045
Tel No.: 212-872-5119
Attention: Mr. John Rigo
Annex A Banks,
Lending Offices Percentage
and Notice Addresses Commitments Interest
- ---------------------- ----------- ----------
CREDIT COMMERCIAL DE FRANCE $30,250,000 18.818%
Domestic Lending Office:
CREDIT COMMERCIAL DE FRANCE
590 Madison Avenue
25th Floor
New York, New York 10022
Fax No.: 212-832-7469
Tel No.: 212-848-0554
Attention: Ms. Janine Ayoub
Eurodollar Lending Office:
CREDIT COMMERCIAL DE FRANCE
590 Madison Avenue
25th Floor
New York, New York 10022
Fax No.: 212-832-7469
Tel No.: 212-848-0554
Attention: Ms. Janine Ayoub
Information Address:
CREDIT COMMERCIAL DE FRANCE
590 Madison Avenue
25th Floor
New York, New York 10022
Fax No.: 212-832-7469
Tel No.: 212-848-0554
Attention: Ms. Janine Ayoub