AMENDED AND RESTATED CREDIT AGREEMENT dated as of October 3, 2014 amongCredit Agreement • October 9th, 2014 • PENTAIR PLC • Special industry machinery (no metalworking machinery) • New York
Page ARTICLE I DEFINITIONS AND INTERPRETATION 1 1.1 Defined Terms 1 1.2 Other Interpretive Provisions 22 1.3 Accounting Terms 23 1.4 Exchange Rates 23 1.5 Change of Currency 24 1.6 Times of Day 24 1.7 Letter of Credit Amounts 24 1.8 Rounding 24 1.9 Certain Dutch Law Provisions 24 1.10 Certain Luxembourg Law Provisions 25 1.11 Obligations Several 25 1.12 Reallocations of Loans and Percentages 25 ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS 26 2.1 Commitments 26 2.2 Borrowings, Conversions and Continuations of Committed Loans 26 2.3 Swing Line Loans 27 2.4 Letters of Credit 30 2.5 Prepayments 38 2.6 Reduction of Termination of Commitments 39 2.7 Repayment of Loans 40 2.8 Interest 40 2.9 Fees 41 2.10 Computations of Interest and Fees 41 2.11 Evidence of Debt 41 2.12 Payments 42 2.13 Sharing of Payments by Lender 44 2.14 Addition of Loan Parties; Fronting Arrangements 44 2.15 Termination of Affiliate Borrowers 46 2.16 Optional I
