Pricing Grid Clause Samples

Pricing Grid. Revolving Loans 1.1

Pricing Grid. Schedule 1.1(A) — Pricing Grid of the Credit Agreement is hereby amended and restated in its entirety as set forth on the schedule titled as Schedule 1.1(A) — Pricing Grid attached hereto.

Pricing Grid. The following table shall apply for determining interest rates for periods prior to the Amendment No. 2 Effective Date: I < 1.50:1.00 3.75 % II ³ 1.50:1.00 and < 2.00:1.00 4.00 % III ³ 2.00:1.00 and < 2.50:1.00 4.25 % IV ³ 2.50:1.00 and < 3.00:1.00 4.50 % V ³ 3.00:1.00 4.75 % The following table shall apply for determining interest rates for periods on and following the Amendment No. 2 Effective Date: I < 1.50:1.00 4.25 % II ³ 1.50:1.00 and < 2.00:1.00 4.50 % III ³ 2.00:1.00 and < 2.50:1.00 4.75 % IV ³ 2.50:1.00 and < 3.00:1.00 5.00 % V ³ 3.00:1.00 5.25 % For purposes of determining the Applicable Rate: (a) From the Amendment No. 2 Effective Date through the date on which the first Compliance Certificate is required to be delivered hereunder after the Amendment No. 2 Effective Date (the “Initial Period”), the Applicable Rate shall be the amount set forth under Level III of this Schedule 1.1(A) set forth above. (b) It is expressly agreed that after the Initial Period, the Applicable Rate shall be determined based upon Schedule 1.1(A) above and change on each date on which a Compliance Certificate is required to be delivered hereunder. (c) If, as a result of any restatement of or other adjustment to the financial statements of the Borrower or for any other reason, the Borrower or the Lenders determine that (i) the Total Net Leverage Ratio as calculated by the Borrower as of any applicable date was inaccurate and (ii) a proper calculation of the Total Net Leverage Ratio would have resulted in higher pricing for such period, the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders, promptly on demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code, automatically and without further action by the Administrative Agent or any Lender), an amount equal to the excess of the amount of interest and

Pricing Grid. If the Level The Facility The Eurodollar The Base Rate The Utilization Status Is Fee Rate is: Margin is: Margin is: Fee Rate is: ________________________________________________________________________________ Level I 0.080% 0.320% 0.000% 0.100% Status ________________________________________________________________________________ Level II 0.090% 0.360% 0.000% 0.100% Status ________________________________________________________________________________ Level III 0.100% 0.450% 0.000% 0.100% Status ________________________________________________________________________________ Level IV 0.125% 0.525% 0.000% 0.100% Status ________________________________________________________________________________ Level V 0.150% 0.650% 0.000% 0.125% Status ________________________________________________________________________________ Level VI 0.200% 0.800% 0.000% 0.125% Status ________________________________________________________________________________ Each change in a rating shall be effective as of the date it is announced by the applicable rating agency. With respect to Nicor Gas, in the event that the Moody's Rating and the S&P Rating fall in consecutive Levels, the rati▇▇ ▇▇▇▇ing in the higher Level (with Level I being the highest Level and Level VI being the lowest Level) shall govern for purposes of determining the applicable pricing pursuant to the above pricing grid. In the event that the Moody's Rating and the S&P Rating fall in non-consecutive Levels, the ▇▇▇▇▇ ▇mmediately below the Level in which the higher rating falls shall govern for purposes of determining the applicable pricing pursuant to the above pricing grid. If at any time Nicor Gas has no Moody's Rating or no S&P Rating, the remaining rating shall apply unle▇▇ ▇▇▇▇r Gas has neither a Moody's Rating nor a S&P Rating, in which case Level VI shall apply. ▇ith respect to Nicor, (1) in no event may the Level from time to time applicable to Nicor be higher (with Level I being the highest Level and Level VI being the lowest Level) than the Level then applicable to Nicor Gas, and (2) if at any time Nicor Gas has no S&P Rating, Level VI shall apply. SCHEDULE 2 INITIAL COMMITMENTS Lender Initial Commitment _______________________________________________________ ABN AMRO Bank N.V. 50,000,000 _______________________________________________________ JP Morgan Chase Bank 50,000,000 _______________________________________________________ The Bank of New York 33,330,000 ______________________________________...

Pricing Grid. ================================================================================================ Applicable Margin for Revolving Loans ==================================== Applicable Revolving Margin for Consolidated Funded Debt Eurodollar ABR Loans Commitment Bankers Ratio Loans Fee Rates Acceptances ================================================================================================ less than or equal to 1.75 to 1 1.00% 0.00% 0.125% 1.00% ------------------------------------------------------------------------------------------------ greater than 1.75 to 1 and 1.25% 0.25% 0.125% 1.25% less than or equal to 2.25 to 1 ------------------------------------------------------------------------------------------------ greater than 2.25 to 1 and 1.50% 0.50% 0.25% 1.50% less than or equal to 2.75 to 1 ------------------------------------------------------------------------------------------------ greater than 2.75 1.75% 0.75% 0.25% 1.75% to 1 and less than or equal to 3.00 ------------------------------------------------------------------------------------------------ greater than 3.00 2.00% 1.00% 0.25% 2.00% ------------------------------------------------------------------------------------------------ If any financial statements referred to in Section 6.1 of the Credit Agreement are not delivered within the time periods specified therein, then, until such financial statements are delivered, the Consolidated Funded Debt Ratio as at the end of the fiscal period that would have been covered thereby shall for the purposes of this definition be deemed to be greater than 3.50 to 1.0. In addition, at all times while an Event of Default shall have occurred and be continuing, the Consolidated Funded Debt Ratio shall for the purposes of this definition be deemed to be greater than 3.50 to 1.0. Each determination of the Consolidated Funded Debt Ratio pursuant to this Pricing Grid shall be made with respect to (or, in the case of Consolidated Funded Debt, as at the end of) the period of four consecutive Fiscal Quarters of the Borrower ending at the end of the period covered by the relevant financial statements except to the extent otherwise provided in the Credit Agreement. ANNEX B

Pricing Grid. Pricing Level Adjusted Total Debt to EBITDAR Ratio Applicable Margin for Eurodollar Loans/Franchisee Loan Fundings Applicable Margin for Base Rate Loans Applicable Commitment Fee Percentage 120 PERCENTAGE OF OWNERSHIP OF SUBSIDIARIES AND RESTRICTIONS THEREON

Pricing Grid. Pricing Level Leverage Ratio Applicable Margin for SOFR Loans Applicable Margin for Base Rate Loans Applicable Margin for Letter of Credit Fees Applicable Percentage for Commitment Fees

Pricing Grid. The applicable initial rates of interest to be charged for each Prime Rate Loan or LIBOR Loan made hereunder shall be initially established as of the date of this Agreement and are listed on the grid set forth below ("Pricing Grid"). The initial pricing shall be subject to adjustment hereafter during the term of this Agreement based on any change in the Company's Leverage Ratio as determined in accordance with Section 6.7 of this Agreement for the most recently completed fiscal quarter of the Company ("Pricing Event"). The Pricing Grid reflects the changed Rate Options which will replace the initial pricing based on a Pricing Event as follows:

Pricing Grid. Total Leverage Ratio