REVOLVING CREDIT AGREEMENT dated as of DECEMBER 31, 2010 among PPL ELECTRIC UTILITIES CORPORATION, THE LENDERS FROM TIME TO TIME PARTY HERETO and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Issuing Lender and Swingline LenderRevolving Credit Agreement • January 6th, 2011 • PPL Corp • Electric services • New York
Page ARTICLE I DEFINITIONS 1 Section 1.01. Definitions 1 ARTICLE II THE CREDITS 18 Section 2.01. Commitments to Lend 18 Section 2.02. Swingline Loans 18 Section 2.03. Notice of Borrowings 20 Section 2.04. Notice to Lenders; Funding of Revolving Loans and Swingline Loans 20 Section 2.05. Noteless Agreement; Evidence of Indebtedness 21 Section 2.06. Interest Rates 22 Section 2.07. Fees 24 Section 2.08. Adjustments of Commitments 24 Section 2.09. Maturity of Loans; Mandatory Prepayments 27 Section 2.10. Optional Prepayments and Repayments 27 Section 2.11. General Provisions as to Payments 28 Section 2.12. Funding Losses 28 Section 2.13. Computation of Interest and Fees 29 Section 2.14. Basis for Determining Interest Rate Inadequate, Unfair or Unavailable 29 Section 2.15. Illegality 29 Section 2.16. Increased Cost and Reduced Return 30 Section 2.17. Taxes 31 Section 2.18. Base Rate Loans Substituted for Affected Euro-Dollar Loans 34 Section 2.19. Increases to the Commitment. 34 Section 2.2
