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Loan Agreement FINAL FORM _____________________________________________________________________________________ LOAN AGREEMENT By and Among THE BORROWER IDENTIFIED ON THE SIGNATURE PAGES HEREOF as Borrower, THE BANK OF NEW YORK MELLON as Administrative Agent and Collateral Agent, and THE UNITED STATES DEPARTMENT OF THE TREASURY as Lender Dated as of the date set forth on Schedule A _____________________________________________________________________________________ 095331-0005-11656-Active.11663739 TABLE OF CONTENTS Page SECTION 1. DEFINITIONS AND ACCOUNTING MATTERS........................................................... 1 1.01 Certain Defined Terms ................................................................................................... 1 1.02 Interpretation, Etc......................................................................................................... 18 1.03 Accounting Terms and Determinations......................................................................... 19 SECTION 2. LOANS, NOTE AND PAYMENTS ............................................................................... 19 2.01 Loans ........................................................................................................................... 19 2.02 The Note...................................................................................................................... 19 2.03 Procedure for Borrowing.............................................................................................. 20 2.04 Limitation on Types of Loans; Illegality....................................................................... 20 2.05 Repayment of the Loans; Interest ................................................................................. 21 2.06 Prepayments................................................................................................................. 21 2.07 Application of Payments and Reinvestment .................................................................. 22 SECTION 3. PAYMENTS; COMPUTATIONS .................................................................................. 25 3.01 Payments...................................................................................................................... 25 3.02 Computations ............................................................................................................... 25 SECTION 4. CONDITIONS PRECEDENT ........................................................................................ 25 4.01 Effective Date Conditions............................................................................................. 25 4.02 Conditions to Initial and Subsequent Loans .................................................................. 28 SECTION 5. REPRESENTATIONS AND WARRANTIES ................................................................ 29 5.01 Existence...................................................................................................................... 29 5.02 Financial Condition...................................................................................................... 29 5.03 Litigation ..................................................................................................................... 29 5.04 No Breach.................................................................................................................... 30 5.05 Action, Binding Obligations ......................................................................................... 30 5.06 Approvals .................................................................................................................... 30 5.07 Taxes ........................................................................................................................... 30 5.08 Investment Company Act ............................................................................................. 30 5.09 No Default ................................................................................................................... 31 5.10 True and Complete Disclosure...................................................................................... 31 5.11 Activities...................................................................................................................... 31 5.12 ERISA ......................................................................................................................... 31 5.13 Subsidiaries; Equity Interests........................................................................................ 31 5.14 Capitalization............................................................................................................... 31 5.15 Ownership of Property; Liens....................................................................................... 32 5.16 USA PATRIOT Act ..................................................................................................... 32 5.17 Embargoed Person ....................................................................................................... 32 5.18 Borrowing for Own Benefit; Margin Rules ................................................................... 33 5.19 Indebtedness ................................................................................................................ 33 5.20 Investment Guidelines.................................................................................................. 33 5.21 Compliance Rules. ....................................................................................................... 33 SECTION 6. AFFIRMATIVE COVENANTS..................................................................................... 33 6.01 Financial Statements .................................................................................................... 33 095331-0005-11656-Active.11663739 6.02 Notices of Material Events ........................................................................................... 37 6.03 Existence; Conduct of Business.................................................................................... 38 6.04 Payment of and Compliance with Obligations .............................................................. 38 6.05 Maintenance of Properties ............................................................................................ 39 6.06 Books and Records; Inspection..................................................................................... 39 6.07 Compliance with Laws ................................................................................................. 40 6.08 Certain Obligations Respecting Subsidiaries; Further Assurances ................................. 40 6.09 Use of Proceeds............................................................................................................ 41 6.10 Investment Guidelines.................................................................................................. 41 6.11 OFAC .......................................................................................................................... 41 6.12 Financing Subsidiaries ................................................................................................. 41 6.13 Information; Reports .................................................................................................... 41 6.14 USA PATRIOT Act ..................................................................................................... 41 6.15 Compliance Rules. ....................................................................................................... 42 SECTION 7. NEGATIVE COVENANTS ........................................................................................... 42 7.01 Indebtedness ................................................................................................................ 42 7.02 Liens............................................................................................................................ 42 7.03 Fundamental Changes .................................................................................................. 42 7.04 Investments.................................................................................................................. 42 7.05 Restricted Payments ..................................................................................................... 42 7.06 Certain Restrictions on Subsidiaries.............................................................................. 42 7.07 Transactions with Affiliates.......................................................................................... 43 7.08 Lines of Business ......................................................................................................... 43 7.09 No Further Negative Pledge ......................................................................................... 43 7.10 Modifications of Certain Agreements ........................................................................... 43 7.11 Hedge Agreements ....................................................................................................... 43 7.12 Subsidiary Capitalization.............................................................................................. 43 7.13 Accounts...................................................................................................................... 43 7.14 Payments...................................................................................................................... 44
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