ATLANTA AGENCY. By: -------------------------------- Title: CREDIT LYONNAIS ATLANTA AGENCY By: -------------------------------- Title: CREDIT SUISSE FIRST BOSTON By: -------------------------------- Title: By: -------------------------------- Title: DRESDNER BANK AG, NEW YORK AND GRAND CAYMAN BRANCHES By: -------------------------------- Title: By: -------------------------------- Title: FIRST UNION NATIONAL BANK OF FLORIDA By: -------------------------------- Title: MARINE MIDLAND BANK By: -------------------------------- Title: XXXXXX GUARANTY TRUST COMPANY OF NEW YORK By: -------------------------------- Title: UNION BANK OF SWITZERLAND - NEW YORK By: -------------------------------- Title: By: -------------------------------- Title:
ATLANTA AGENCY. By: ----------------------------------------------- Name: --------------------------------------------- Title: -------------------------------------------- SUNTRUST BANK, ATLANTA By: ----------------------------------------------- Name: --------------------------------------------- Title: -------------------------------------------- [signatures continued] Westpoint Stevxxx Xxx. Credit Agreement 114 XXX XXXX XX XXX XXXX By: ----------------------------------------------- Name: --------------------------------------------- Title: -------------------------------------------- SCOTIABANC INC. By: /s/ Willxxx X. Xxxxxxx ----------------------------------------------- Name: Willxxx X. Xxxxxxx --------------------------------------------- Title: Senior Relationship Manager --------------------------------------------
ATLANTA AGENCY. By: --------------------------- --------------, ----------- (Print Name) (Print Title) By: --------------------------- --------------, ----------- (Print Name) (Print Title) XXXXX FARGO BANK (TEXAS), N.A. By: --------------------------- Xxx Xxxxxx, Assistant Vice President SUNTRUST BANK, ATLANTA By: --------------------------- --------------, ----------- (Print Name) (Print Title) By: --------------------------- --------------, ----------- (Print Name) (Print Title)
ATLANTA AGENCY. By: /s/ Subash R. Viswanathan ------------------------------- Name: Subash R. Viswanathan ------------------------------- Title: Senior Vice President ------------------------------- By: /s/ David A. Bennett ------------------------------- Name: David A. Bennett ------------------------------- Title: Assistant Vice President ------------------------------- DEUTSCHE BANK AG NEW YORK BRANCH By: /s/ Richard Henshall ------------------------------- Name: Richard Henshall ------------------------------- Title: Director ------------------------------- By: /s/ Joel Makowsky ------------------------------- Name: Joel Makowsky ------------------------------- Title: Director ------------------------------- LEHMAN BROTHERS BANK, FSB By: /s/ Xxxx T. Taylor ------------------------------- Name: Gary T. Taylor ------------------------------- Title: Vice President ------------------------------- WILLIAM STREET COMMITMENT CORPORATION (Xxxxxrse only to assets of William Street Commitment Corporation) Xx: /s/ Jennifer M. Hill ------------------------------- Name: Jennifer M. Hill ------------------------------- Title: Vice President and CFO ------------------------------- KBC BANK N.V. By: /s/ Robert Snauffer ------------------------------- Name: Robert Snauffer ------------------------------- Title: First Vice President ------------------------------- By: /s/ Eric Raskin ------------------------------- Name: Eric Raskin ------------------------------- Title: Vice President ------------------------------- ROYAL BANK OF CANADA By: /s/ Lorne Gartner ------------------------------- Name: Lorne Gartner ------------------------------- Title: Authorized Signatory ------------------------------- SUNTRUST BANK, ATLANTA By: /s/ Joseph M. McCreery ------------------------------- Name: Joseph M. McCreery ------------------------------- Title: Vice President ------------------------------- CREDIT LYONNAIS NEW YORK BRANCH By: /s/ Olivier Audemand ------------------------------- Name: Olivier Audemand ------------------------------- Title: Senior Vice President ------------------------------- THE ROYAL BANK OF SCOTLAND plc By: /s/ Patricia J. Dundee ------------------------------- Name: Patricia J. Dundee ------------------------------- Title: Senior Vice President ------------------------------- BMO NESBITT BURNS FINANCING, INC. By: /x/ Xaxxx X. Carmody ------------------------------- Name: Cahal B. Carmody ------------------------------- Title: Vice President --------------------------...
ATLANTA AGENCY. By_______________________________ Name_____________________________ Title____________________________ By_______________________________ Name_____________________________ Title____________________________ Signature page to Revolving Credit Agreement PNC BANK, NATIONAL ASSOCIATION By_______________________________ Name_____________________________ Title____________________________ Signature page to Revolving Credit Agreement FIRST TENNESSEE BANK, N.A. By_______________________________ Name_____________________________ Title____________________________ Signature page to Revolving Credit Agreement NATIONAL BANK OF COMMERCE By_______________________________ Name_____________________________ Title____________________________ Signature page to Revolving Credit Agreement MELLON BANK, N.A. By___________________________ Name_________________________ Title________________________ SCHEDULE 1 LIST OF LENDERS COMMITMENTS: PERCENTAGE: ---------------- ------------ ----------- AmSouth Bank $37,000,000 18.5% Hibernia National Bank 28,000,000 14.0% Columbus Bank & Trust Company 15,000,000 7.5% First Tennessee Bank, N.A. 20,000,000 10.0% Commerzbank 24,000,000 12.0% Aktiengesellschaft, Atlanta Agency PNC Bank, National Association 28,000,000 14.0% National Bank of Commerce 20,000,000 10.0% Mellon Bank, N.A. 28,000,000 14.0% ------------- ------ TOTAL $200,000,000 100.0% SCHEDULE 2 [LIST OF INITIAL PROPERTIES] AVAILABILITY PROPERTY ADVANCE RATE AS OF 3/20/98 -------- ---------------- -----------------
ATLANTA AGENCY. By: ------------------------------- Name: ----------------------------- Title: ---------------------------- By: ------------------------------- Name: ----------------------------- Title: ---------------------------- Commitment: $21,000,000 CONTINUING BANK: CREDIT LYONNAIS NEW YORK BRANCH By: ------------------------------- Name: ----------------------------- Title: ---------------------------- Commitment: $20,000,000 RETIRING BANK: THE FUJI BANK, LIMITED By: ------------------------------- Name: ----------------------------- Title: ---------------------------- RETIRING BANK: ISTITUTO BANCARIO SAN PAOLO DI TORINO ISTITUTO MOBILIARE ALIAXX XXX By: ------------------------------- Name: ----------------------------- Title: ---------------------------- By: ------------------------------- Name: ----------------------------- Title: ----------------------------
ATLANTA AGENCY. By: ------------------------------- Title: ---------------------------- By: ------------------------------- Title: ---------------------------- CREDIT LYONNAIS NEW YORK BRANCH By: ------------------------------- Title: ---------------------------- CREDIT SUISSE FIRST BOSTON By: ------------------------------- Title: ---------------------------- By: ------------------------------- Title: ---------------------------- THE DAI-ICHI KANGYO BANK, LIMITED By: ------------------------------- Title: ---------------------------- FIRST UNION NATIONAL BANK By: ------------------------------- Title: ---------------------------- FLEET NATIONAL BANK By: ------------------------------- Title: ---------------------------- THE FUJI BANK, LIMITED - HOUSTON AGENCY By: ------------------------------- Title: ---------------------------- THE INDUSTRIAL BANK OF JAPAN, LIMITED, NEW YORK BRANCH By: ------------------------------- Title: ---------------------------- THE LONG-TERM CREDIT BANK OF JAPAN, LTD. By: ------------------------------- Title: ---------------------------- MELLON BANK, N.A. By: ------------------------------- Title: ---------------------------- MORGXX XXXRANTY TRUST COMPANY OF NEW YORK By: ------------------------------- Title: ---------------------------- NATIONSBANK OF TEXAS, N.A. By: ------------------------------- Title: ---------------------------- THE NORTHERN TRUST COMPANY By: ------------------------------- Title: ---------------------------- ROYAL BANK OF CANADA By: ------------------------------- Title: ---------------------------- THE SAKURA BANK, LIMITED By: ------------------------------- Title: ---------------------------- SOCIETE GENERALE, SOUTHWEST AGENCY By: ------------------------------- Title: ---------------------------- THE SUMITOMO BANK, LIMITED By: ------------------------------- Title: ---------------------------- THE TOKAI BANK, LTD. By: ------------------------------- Title: ---------------------------- TORONTO DOMINION (TEXAS), INC. By: ------------------------------- Title: ---------------------------- UNION BANK OF SWITZERLAND, NEW YORK BRANCH By: ------------------------------- Title: ---------------------------- By: ------------------------------- Title: ---------------------------- WACHOVIA BANK OF GEORGIA, N.A. By: ------------------------------- Title: ---------------------------- WESTDEUTSCHE LANDESBANK GIROZENTRALE, NEW YORK BRANCH By: ------------------------------- Title: ---------------------------- By: -------------------...
ATLANTA AGENCY. S/ STEVXX XXXXXXX By: -------------------------------- Name: Stevxx Xxxxxxx Title: Vice President S/ LARRX XXXXX By: ------------------------------ Name: Larrx Xxxxx Title: Group Vice President $ 127,500,000.00 BANK OF AMERICA NT&SA S/ MICHXXXX XXXXXXXX By: ------------------------------- Name: Michxxxx Xxxxxxxx Title: Vice President $ 30,000,000.00 BANK BRUSSELS LAMBXXX, NEW YORK BRANCH S/ JOHN XXXXXX By: -------------------------------- Name: John Xxxxxx Title: Vice President
ATLANTA AGENCY. By: ----------------------------------- By: Xxxxx X. Xxxxxx Title: SVP & Manager By: ----------------------------------- By: Xxxxx X. Xxxxxxxx Title: VP CREDIT LYONNAIS ATLANTA AGENCY By: ----------------------------------- Title: MARINE MIDLAND BANK By: ----------------------------------- Title: NORTHERN TRUST COMPANY (CHICAGO) By: ----------------------------------- Title: WACHOVIA BANK (ATLANTA) By: ----------------------------------- Title: SCHEDULE I ---------- Commitments --------------------------------------------- BANK COMMITMENT ---- ---------- The Chase Manhattan Bank $51,529,411.76 First Union National Bank of Florida $51,529,411.76 Bank of America National Trust & Savings Association $51,529,411.76 NationsBank, N.A. $51,529,411.76 ABN AMRO Bank N.V., New York Branch $35,294,117.65 The Bank of New York $35,294,117.65 The Bank of Nova Scotia $35,294,117.65 Barclays Bank PLC $35,294,117.65 Citibank, N.A. $35,294,117.65 Credit Suisse First Boston $35,294,117.65 Dresdner Bank AG, New York and Grand Cayman Branches $35,294,117.65 Xxxxxx Guaranty Trust Company of New York $35,294,117.65 Xxxxxxxxxxx XX, Xxxxxxx Agency $25,411,764.71 Credit Lyonnais Atlanta Agency $25,411,764.71 Marine Midland Bank $25,411,764.71 Northern Trust Company (Chicago) $17,647,058.82 Wachovia Bank (Atlanta) $17,647,058.82 TOTAL $600,000,000 ============ EXHIBIT 12 X. X. XXXXX & CO. AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS (a) (in millions, except ratios) (Unaudited) Six Months Ended Years Ended December 31,(c) June 30, ----------------------------------------------------- ---------------------- 1997(d) 1996(e) 1995(f) 1994(g) 1993(h) 1998 1997(c)(d) -------- -------- -------- -------- -------- --------- ----------- Net income/(loss) from continuing operations....... $ 88.2 $112.9 $(324.8) $(185.4) $(106.7) $ 37.3 $ 91.7 Add/(deduct): Provision for/(benefit from) income taxes...... 55.2 70.4 (192.4) (120.9) (55.5) 23.9 57.0 Income taxes of 50%-owned companies............ -- -- -- -- .1 -- -- Equity in unremitted (earnings)/losses of less than 50%-owned companies............. (7.0) (.4) .8 (.6) (.5) (4.6) -- Interest expense and related financing costs, including amortization of capitalized interest 87.6 160.8 179.8 138.5 122.7 25.3 40.3 Estimated amount of rental expense deemed to represent the interest factor 6.9 8.4 8.5 10.1 11.3 2.8 2.7 ---------- ---------- ---------- --------- --------- ---...
ATLANTA AGENCY. By: ----------------------------------- By: Xxxxx X.
