OMNIBUS FOURTH AMENDMENT TO ABL CREDIT AGREEMENT AND OTHER CREDIT DOCUMENTSAbl Credit Agreement and Other Credit Documents • May 29th, 2012 • Affinia Group Intermediate Holdings Inc. • Motor vehicle parts & accessories • New York
From the Fourth Amendment Effective Date through and including July 31, 2012, margins shall be determined as if Level II were applicable and shall be no lower than if Level II were applicable (but may increase to Level I, if applicable). Thereafter, the margins shall be subject to increase or decrease upon receipt by the Administrative Agent pursuant to Section 9.02(c) of the Borrowing Base Certificate for the last month of any Fiscal Quarter (i.e., by the 15th day following each of March 31, June 30, September 30 and December 31 of each Fiscal Year, commencing with the Fiscal Quarter ending June 30, 2012), which change shall be effective on the first day of the calendar month following receipt. If, by the first day of a month, the Borrowing Base Certificate due in the preceding month for the Fiscal Quarter then ended has not been delivered, then, at the option of the Administrative Agent or at the request of the Required Lenders, the margins shall be determined as if Level I were appl
