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EXHIBIT 4.2
EXHIBIT A TO
CREDIT AGREEMENT
FORM OF REVOLVING CREDIT NOTE
THIS NOTE MAY NOT BE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE TERMS AND
PROVISIONS OF THE SECOND AMENDED AND RESTATED CREDIT AGREEMENT REFERRED TO
BELOW. TRANSFERS OF THIS NOTE MUST BE RECORDED IN THE REGISTER MAINTAINED BY
THE ADMINISTRATIVE AGENT PURSUANT TO THE TERMS OF SUCH SECOND AMENDED AND
RESTATED CREDIT AGREEMENT.
$___________ New York, New York
April 25, 1997
FOR VALUE RECEIVED, each of the undersigned, Sybron International
Corporation ("Parent"), a Wisconsin corporation, Xxxx Corporation ("Xxxx"), a
Delaware Corporation, and Nalge Nunc International Corporation ("NNI"), a
Delaware Company (each, a "Revolving Credit Borrower"), severally, hereby
unconditionally promises to pay to the order of ________________ (the "Lender")
at the office of The Chase Manhattan Bank, located at 000 Xxxx Xxxxxx, Xxx
Xxxx, Xxx Xxxx 00000, in lawful money of the United States of America and in
immediately available funds, on the Termination Date the lesser of (a) the
principal amount of ________________ DOLLARS ($_______), and (b) the aggregate
unpaid principal amount of all Revolving Credit Loans made by the Lender to
such Revolving Credit Borrower pursuant to subsection 2.1 of the Credit
Agreement, as hereinafter defined. Each Revolving Credit Borrower, severally,
further agrees to pay interest in like money at such office on the unpaid
principal amount of Revolving Credit Loans of such Revolving Credit Borrower
from time to time outstanding at the rates and on the dates specified in
subsection 2.14 of such Credit Agreement.
The holder of this Note is authorized to endorse on the appropriate
schedules annexed hereto and made a part hereof or on a continuation thereof
which shall be attached hereto and made a part hereof the date, Type and amount
of each Revolving Credit Loan made by such holder to each Revolving Credit
Borrower pursuant to the Credit Agreement and the date and amount of each
payment or prepayment of principal thereof, each continuation thereof, each
conversion of all or a portion thereof to another Type and, in the case of
Eurodollar Loans, the length of each Interest Period and the Eurodollar Rate
with respect thereto. Each such endorsement shall constitute prima facie
evidence of the accuracy of the information endorsed.
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The failure to make any such endorsement shall not affect the obligations of
the Revolving Credit Borrower in respect of such Revolving Credit Loan.
This Note (a) is one of the Revolving Credit Notes referred to in the
Second Amended and Restated Credit Agreement dated as of April 25, 1997 (as
amended, supplemented or otherwise modified from time to time, the "Credit
Agreement"), among the Parent, Xxxx, NNI, Ormco Corporation, a Delaware
corporation, Erie Scientific Company, a Delaware corporation, Barnstead
Thermolyne Corporation, a Delaware corporation, the Lender, the other banks and
financial institutions from time to time parties thereto, Chase Securities
Inc., as arranger, and The Chase Manhattan Bank, as administrative agent, (b)
is subject to the provisions of the Credit Agreement and (c) is subject to
optional and mandatory prepayment in whole or in part as provided in the Credit
Agreement. This Note is secured and guaranteed as provided in the Loan
Documents. Reference is hereby made to the Loan Documents for a description of
the assets in which a security interest has been granted, the nature and extent
of the security and the guarantees, the terms and conditions upon which the
security interests and each guarantee were granted and the rights of the holder
of this Note in respect thereof.
Upon the occurrence of any one or more of the Events of Default, all
amounts then remaining unpaid on this Note shall become, or may be declared to
be, immediately due and payable, all as provided in the Credit Agreement.
All parties now and hereafter liable with respect to this Note,
whether maker, principal, surety, guarantor, endorser or otherwise, hereby
waive presentment, demand, protest and all other notices of any kind, except as
otherwise provided in any of the Loan Documents.
Unless otherwise defined herein, terms defined in the Credit Agreement
and used herein shall have the meanings given to them in the Credit Agreement.
THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
SYBRON INTERNATIONAL CORPORATION
By:
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Name:
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Title:
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XXXX CORPORATION
By:
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Name:
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Title:
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NALGE NUNC INTERNATIONAL CORPORATION
By:
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Name:
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Title:
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Schedule A-1
to Revolving Credit Note
PARENT
LOANS, CONVERSIONS AND REPAYMENTS OF ABR LOANS
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Amount Amount of ABR Loans
Converted to Amount of Principal of Converted to Unpaid Principal Notation
Date Amount of ABR Loans ABR Loans ABR Loans Repaid Eurodollar Loans Balance of ABR Loans Made By
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Schedule A-2
to Revolving Credit Note
XXXX
LOANS, CONVERSIONS AND REPAYMENTS OF ABR LOANS
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Amount Amount of ABR Loans
Converted to Amount of Principal of Converted to Unpaid Principal Notation
Date Amount of ABR Loans ABR Loans ABR Loans Repaid Eurodollar Loans Balance of ABR Loans Made By
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Schedule A-3
to Revolving Credit Note
NNI
LOANS, CONVERSIONS AND REPAYMENTS OF ABR LOANS
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Amount Amount of ABR Loans
Converted to Amount of Principal of Converted to Unpaid Principal Notation
Date Amount of ABR Loans ABR Loans ABR Loans Repaid Eurodollar Loans Balance of ABR Loans Made By
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Schedule B-1
to Revolving Credit Note
PARENT
LOANS, CONTINUATIONS, CONVERSIONS AND REPAYMENTS OF EURODOLLAR LOANS
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Amount Interest Period Amount of Amount of Unpaid
Converted to and Eurodollar Principal of Eurodollar Loans Principal
Amount of Eurodollar Rate with Respect Eurodollar Converted to ABR Balance of Notation
Date Eurodollar Loans Loans Thereto Loans Repaid Loans Eurodollar Loans Made By
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Schedule B-2
to Revolving Credit Note
XXXX
LOANS, CONTINUATIONS, CONVERSIONS AND REPAYMENTS OF EURODOLLAR LOANS
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Amount Interest Period Amount of Amount of Unpaid
Converted to and Eurodollar Principal of Eurodollar Loans Principal
Amount of Eurodollar Rate with Respect Eurodollar Converted to ABR Balance of Notation
Date Eurodollar Loans Loans Thereto Loans Repaid Loans Eurodollar Loans Made By
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Schedule B-3
to Revolving Credit Note
NNI
LOANS, CONTINUATIONS, CONVERSIONS AND REPAYMENTS OF EURODOLLAR LOANS
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Amount Interest Period Amount of Amount of Unpaid
Converted to and Eurodollar Principal of Eurodollar Loans Principal
Amount of Eurodollar Rate with Respect Eurodollar Converted to ABR Balance of Notation
Date Eurodollar Loans Loans Thereto Loans Repaid Loans Eurodollar Loans Made By
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