Common use of Facility Rating Clause in Contracts

Facility Rating. The Applicable Margins and the Applicable Unused Commitment Rate shall be determined by reference to the Facility Rating or, if no Facility Rating exists, by reference to the Senior Public Debt Rating, in accordance with the following table: Facility or Applicable Applicable Applicable Unused Senior Debt LIBOR Rate Floating Rate Commitment Rate (%) Rating Margin (%) Margin (%) Usage >50% Usage <50% - ------------------------ ------------------ -------------------- ---------------------------------------- BBB-/Baa3 or 1.25 0 0.225 0.25 higher BB+/Ba1 1.50 0 0.275 0.30 BB/Ba2 1.75 0.25 0.30 0.375 BB-/Ba3 2.00 0.50 0.375 0.45 B+/B1 or 2.25 0.75 0.50 0.60 lower or no rating

Facility Rating. The Applicable Margins and the Applicable Unused Commitment Rate shall be determined by reference to the Facility Rating or, if no Facility Rating exists, by reference to the Senior Public Debt Rating, in accordance with the following table: Facility or Applicable Applicable Applicable Unused Senior Debt LIBOR Rate Floating Rate Commitment Rate (%) Applicable Unused Rating Margin (%) Margin (%) Usage >50% Usage <50% - ------------------------ ------------------ -------------------- ---------------------------------------- Commitment Rate (%) ----------- ----------- ------------- ------------------- BBB-/Baa3 or 1.25 .950 0 0.200 higher BB+/Ba1 1.15 0 0.225 0.25 higher BB+/Ba1 1.50 0 0.275 0.30 BB/Ba2 1.75 0.25 0.30 0.375 1.35 0 0.250 BB-/Ba3 2.00 0.50 0.375 0.45 1.55 0.125 0.300 B+/B1 or 2.25 0.75 0.50 0.60 1.75 0.250 0.350 lower or no rating