CERTAIN DEFINITIONS AND OTHER INTERPRETIVE. PROVISIONS 1 1.1 Definitions 1 1.2 Other Interpretive Provisions 1 1.3 Accounting Terms 2 1.4 Times of Day 2 ARTICLE II. LETTERS OF CREDIT 2 2.1 Commitment 2 2.2 International Borrowing Base 3 2.3 Letters of Credit 4 2.4 Letter of Credit Requests 5 2.5 Agreement to Repay Letter of Credit Drawings 5 2.6 Conflict Between Applications and Agreement 7 2.7 Increased Costs; Increased Capital 7 2.8 Default Rate 8 2.9 Facility Subject to Ex-Im Bank Rules 8 2.10 Currency Equivalents 9 ARTICLE III. CASH COLLATERAL, PREPAYMENTS AND OTHER PAYMENTS 9 3.1 Deposit of Cash Collateral and Required Prepayments 9 3.2 [RESERVED] 9 3.3 Place of Payment or Prepayment 9 3.4 Prepayment Premium or Penalty 10 3.5 Taxes 10 3.6 Reduction or Termination of the Commitment 10 ARTICLE IV. FEES 10 4.1 Facility Fee 10 4.2 Letter of Credit Fees 10 4.3 Fees Not Interest; Nonpayment 11 ARTICLE V. PERMITTED PURPOSES OF LETTERS OF CREDIT 11 ARTICLE VI. REPRESENTATIONS AND WARRANTIES 11 6.1 Organization and Qualification 11 6.2 Financial Statements; Positive Tangible Net Worth 11 6.3 Litigation; Contingent Liabilities 12 6.4 Default 12 6.5 Title to Assets; Ownership 12 6.6 Authorization, Validity, Etc. 13 6.7 Intentionally Omitted 13 6.8 Taxes 13 6.9 Conflicting or Adverse Agreements or Restrictions 13 6.10 Information 13 6.11 No Consent 14 6.12 Environmental Matters 14 6.13 Debt 14 6.14 Compliance with Laws 14 6.15 Suspension and Debarment, Etc. 15 ARTICLE VII. CONDITIONS 15 7.1 Representations True and No Defaults 15 7.2 Terms of Sale 15 7.3 Governmental Approvals 15 7.4 Letter of Credit Documents 16 7.5 Required Initial Documents and Certificates 16 7.6 Ex-Im Bank Acknowledgment, Etc. 18 7.7 Post-Closing Lien Search 18 ARTICLE VIII. AFFIRMATIVE COVENANTS 18 8.1 Financial Statements and Information 18 8.2 Books and Records 19 8.3 Insurance 19
