Double Split Rating means the ratings of S&P and Moody's would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart.
Double Split Rating means the ratings of S&P and Moody's would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.4EXISTING LETTERS OF CREDIT L/C #AmountBeneficiary Schedule 10.3(b) FORM OFASSIGNMENT AND ACCEPTANCETHIS ASSIGNMENT AND ACCEPTANCE dated as of , 200_ is entered into between("Assignor") and ("Assignee").Reference is made to the Five-Year Credit Agreement dated as of May 23, 2000, as amended and modified from time to time thereafter (the "Credit Agreement") among AutoZone, Inc., the Lenders party thereto, Bank of America, N.A., as Administrative Agent and The Chase Manhattan Bank, as Syndication Agent. Terms defined in the Credit Agreement are used herein with the same meanings.
Double Split Rating means the ratings of S&P and Xxxxx'x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart.
Examples of Double Split Rating in a sentence
In the event of a Double Split Rating, the applicable Pricing Level shall be based on the Pricing Level which is one level below that corresponding to the higher Rating.
More Definitions of Double Split Rating
Double Split Rating means the Ratings published by S&P and Xxxxx’x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.1(a) LENDERS Lender Commitment Percentage Revolving Commitment Bank of America, N.A. 8.750000000 % $ 140,000,000.00 JPMorgan Chase Bank, N.A. 8.750000000 % $ 140,000,000/00 Barclays Bank PLC 8.578125000 % $ 137,250,000.00 SunTrust Bank 8.578125000 % $ 137,250,000.00 U.S. Bank, N.A. 8.578125000 % $ 137,250,000.00 Xxxxx Fargo Bank, N.A. 8.578125000 % $ 137,250,000.00 Bank of the West 3.000000000 % $ 48,000,000.00 Branch Banking & Trust Company 3.000000000 % $ 48,000,000.00 Capital One N.A. 3.000000000 % $ 48,000,000.00 Citibank, N.A. 3.000000000 % $ 48,000,000.00 Deutsche Bank AG New York Branch 3.000000000 % $ 48,000,000.00 Fifth Third Bank 3.000000000 % $ 48,000,000.00 KeyBank N.A. 3.000000000 % $ 48,000,000.00 Mizuho Bank, Ltd. 3.000000000 % $ 48,000,000.00 PNC Bank, N.A. 3.000000000 % $ 48,000,000.00 Regions Bank 3.000000000 % $ 48,000,000.00 TD Bank, N.A. 3.000000000 % $ 48,000,000.00 The Bank of Tokyo-Mitsubishi UFJ, Ltd. 3.000000000 % $ 48,000,000.00 Northern Trust Company 2.812500000 % $ 45,000,000.00 Banco Santander, S.A. 1.562500000 % $ 25,000,000.00 Comerica Bank 1.562500000 % $ 25,000,000.00 Compass Bank, dba BBVA Compass 1.562500000 % $ 25,000,000.00 Credit Agricole Corporate and Investment Bank 1.562500000 % $ 25,000,000.00 HSBC Bank USA, N.A. 1.562500000 % $ 25,000,000.00 Huntington National Bank 1.562500000 % $ 25,000,000.00 Total: 100.000000000 % $ 1,600,000,000.00
Double Split Rating means the Ratings published by S&P and Xxxxx’x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.1(a) LENDERS Lender Commitment Percentage Revolving Commitment Xxxxx Fargo Bank, National Association 20.000000000 % $ 80,000,000.00 U.S. Bank National Association 20.000000000 % $ 80,000,000.00 Bank of America, N.A. 15.000000000 % $ 60,000,000.00 Barclays Bank PLC 15.000000000 % $ 60,000,000.00 JPMorgan Chase Bank, N.A. 15.000000000 % $ 60,000,000.00 SunTrust Bank 15.000000000 % $ 60,000,000.00 Total: 100.000000000 % $ 400,000,000.00
Double Split Rating means the ratings of S&P and Moody's would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.1(a) LENDERS Lender Bank of America, N.A.Bank of America Corporate Center 100 N. Tryon Street, 16th Floor Charlotte, NC 28255Attn: Timothy H. Spanos Tel: (704) 386-4507Fax: (704) 388-8268 The Chase Manhattan Bank 220 Park Avenue, 48th Floor New York, NY 10017Attn: Barry Bergman Tel: (212) 270-0203Fax: (212) 270-5646 CommitmentPercentage Commitment 11.53846153% $75,000,000 11.53846153% $75,000,00010.96153861%$71,250,000 10.96153861% $71,250,000 1.92307692% $12,500,000 9.61538462% $62,500,000 9.61538462% $62,500,000 1.92307692% $12,500,000 1.53846154% $10,000,000 3.84615385% $25,000,000Fleet National Bank 100 Federal Street MHDE 10009EBoston, MA 02110 Attn: Thomas J. Bullard Tel: (617) 434-3824Fax: (617) 434-6685 Bank One, NA
Double Split Rating means the ratings of S&P and Mxxxx'x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. SCHEDULE 2.1(A) LENDERS Commitment Lender Percentage Commitment ------ ---------- ---------- NationsBank, N.A. 66.6666667% $100,000,000 NationsBank Cxxxxxxxx Xxxxxx XX0000-0-0 Xxxxxxxxx, XX 00000 Attn: Jxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 SunTrust Bank, Nashville, N.A. 33.3333333% $50,000,000 6000 Xxxxxx Xxxxxx Xxxxx 000 Xxxxxxx, XX 00000 Attn: Bxxxx X. Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 SCHEDULE 2.1(B)(I) FORM OF NOTICE OF BORROWING NationsBank, N.A., as Agent for the Lenders 100 X. Xxxxx Street Independence Center, 10xx Xxxxx XX0-000-00-00 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Attention: Agency Services Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the "BORROWER"), refers to the Credit Agreement dated as of February 23, 1998 (as amended, modified, extended or restated from time to time, the "CREDIT AGREEMENT"), among the Borrower, the Lenders, NationsBank, N.A., as Agent, and SunTrust Bank, Nashville, N.A., as Documentation Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to Section 2.1 of the Credit Agreement that it requests a Loan advance under the Credit Agreement, and in connection therewith sets forth below the terms on which such Loan advance is requested to be made:
Double Split Rating means the two lowest Ratings among the applicable Ratings published by S&P, Xxxxx’x and Fitch would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.1(a) LENDERS Commitment Revolving Lender Percentage Commitment Bank of America, N.A. 12.500000000 % $ 100,000,000.00 JPMorgan Chase Bank, N.A. 12.500000000 % $ 100,000,000.00 Xxxxx Fargo Bank, N.A. 11.250000000 % $ 90,000,000.00 SunTrust Bank 11.250000000 % $ 90,000,000.00 US Bank National Association 10.000000000 % $ 80,000,000.00 Regions Bank 8.750000000 % $ 70,000,000.00 Fifth Third Bank, an Ohio banking corporation 5.000000000 % $ 40,000,000.00 KeyBank National Association 5.000000000 % $ 40,000,000.00 Mizuho Corporate Bank, Ltd. 5.000000000 % $ 40,000,000.00 Union Bank, N.A. 5.000000000 % $ 40,000,000.00 Comerica Bank 2.500000000 % $ 20,000,000.00 Deutsche Bank AG New York Branch 2.500000000 % $ 20,000,000.00 PNC Bank, National Association 2.500000000 % $ 20,000,000.00 The Northern Trust Company 2.500000000 % $ 20,000,000.00 Branch Banking and Trust Company 1.250000000 % $ 10,000,000.00 Compass Bank 1.250000000 % $ 10,000,000.00 Capital One Bank, N.A. 0.625000000 % $ 5,000,000.00 First Tennessee Bank National Association 0.625000000 % $ 5,000,000.00 Total: 100.000000000 % $ 800,000,000.00 Schedule 2.1(b)(i) FORM OF NOTICE OF BORROWING Bank of America, N.A. 0000 Xxxxxxx Xxxx, Building B Mail Code: CA4-702-02-25 Xxxxxxx, XX 00000-0000 Attention: Xxxxxx Xxxxxxxx Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the “Borrower”), refers to the Credit Agreement dated as of July 9, 2009 (as amended, modified, extended or restated from time to time, the “Credit Agreement”), among the Borrower, the Lenders, Bank of America, N.A., as Administrative Agent and JPMorgan Chase Bank, N.A., as Syndication Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to Section 2.1 of the Credit Agreement that it requests a Revolving Loan advance under the Credit Agreement, and in connection therewith sets forth below the terms on which such Loan advance is requested to be made:
Double Split Rating means the ratings of S&P and Mxxxx'x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. SCHEDULE 2.1(A) LENDERS Commitment Lender Percentage Commitment ------ ---------- ---------- NationsBank, N.A. 20.0000000% $30,000,000 NationsBank Cxxxxxxxx Xxxxxx XX0-000-0-0 Xxxxxxxxx, XX 00000 Attn: Jxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 SunTrust Bank, Nashville, N.A. 16.6666667% $25,000,000 6000 Xxxxxx Xxxxxx Xxxxx 000 Xxxxxxx, XX 00000 Attn: Bxxxx X. Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Fleet Bank 16.6666667% $25,000,000 One Federal Street Mail Stop MA OF 0320 Bxxxxx, XX 00000-0000 Attn: Txxxxx X. Xxxxxxx Tel: (000) 000-0000 Fax: KeyBank 16.6666667% $25,000,000 500 Xxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Wxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Norwest Bank 13.3333333% $20,000,000 P.X. Xxx 0000 Xxxxxx, XX 00000-0000 Attn: Sxxxx Xxxxxx Tel: (000) 000-0000 Fax: The First National Bank of Chicago 10.0000000% $15,000,000 One First Nxxxxxxx Xxxxx Xxxx Xxxxx 0000 Xxxxxxx, XX 00000-0000 Attn: Jxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 First Union National Bank 6.6666667% $10,000,000 100 0xx Xxxxxx 0xx Xxxxx Xxxxxxxxx, XX 00000 Attn: Oxxxxxx Xxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 SCHEDULE 2.1(B)(I) FORM OF NOTICE OF BORROWING NationsBank, N.A., as Agent for the Lenders 100 X. Xxxxx Street Independence Center, 10xx Xxxxx XX0-000-00-00 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Attention: Agency Services Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the "BORROWER"), refers to the Credit Agreement dated as of November 13, 1998 (as amended, modified, extended or restated from time to time, the "CREDIT AGREEMENT"), among the Borrower, the Lenders, NationsBank, N.A., as Agent, and SunTrust Bank, Nashville, N.A., as Documentation Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to Section 2.1 of the Credit Agreement that it requests a Loan advance under the Credit Agreement, and in connection therewith sets forth below the terms on which such Loan advance is requested to be made:
Double Split Rating means the ratings of S&P and Xxxxx'x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.4 EXISTING LETTERS OF CREDIT L/C # Amount Beneficiary Expiration Date Evergreen Provision F400392 $ 22,300,000.00 Employer's Insurance of Wausau 9/1/02 Yes F400439 $ 1,250,000.00 Lumberman's Mutual Caualty Co. 6/30/03 Yes F400446 $ 277,778.00 Inland Realty Holding Company, Inc. 5/28/03 Yes Total $ 23,827,778.00 Schedule 10.3(b) FORM OF ASSIGNMENT AND ACCEPTANCE THIS ASSIGNMENT AND ACCEPTANCE dated as of _______________, 200_ is entered into between ________________ ("Assignor") and ____________________ ("Assignee"). Reference is made to the Five-Year Credit Agreement dated as of May 23, 2000, as amended and modified from time to time thereafter (the "Credit Agreement") among AutoZone, Inc., the Lenders party thereto, Bank of America, N.A., as Administrative Agent and The Chase Manhattan Bank, as Syndication Agent. Terms defined in the Credit Agreement are used herein with the same meanings.