Double Split Rating definition
Double Split Rating means the ratings of S&P and Moody's would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart.
Double Split Rating means the Ratings published by S&P and ▇▇▇▇▇’▇ would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart.
Double Split Rating means the ratings of S&P and Mood▇'▇ ▇▇▇ld indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. SCHEDULE 2.1(A) LENDERS Commitment Revolving Lender Percentage Commitment ------ ---------- ---------- NationsBank, N.A. 18.18181818% $ 50,000,000.00 NationsBank Corp▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇-▇-▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇n: Jeb ▇▇▇▇ ▇▇▇: (704) ▇▇▇-▇▇▇▇ ▇▇▇: (704) ▇▇▇-▇▇▇▇ SunTrust Bank, Nashville, N.A. 16.36363636% $ 45,000,000.00 6410 ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇n: Brya▇ ▇. ▇▇▇▇ ▇▇▇: (901) ▇▇▇-▇▇▇▇ ▇▇▇: (901) ▇▇▇-▇▇▇▇ Bank of America Illinois 14.54545455% $ 40,000,000.00 1230 ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇n: Roge▇ ▇▇▇▇ ▇▇▇: (404) ▇▇▇-▇▇▇▇ ▇▇▇: (404) ▇▇▇-▇▇▇▇ The First National Bank of Chicago 14.54545455% $ 40,000,000.00 One First Nati▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ ▇▇▇n: Cath▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇: (312) ▇▇▇-▇▇▇▇ ▇▇▇: (312) ▇▇▇-▇▇▇▇ First Union National Ban 12.72727272% $ 35,000,000.00 150 ▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇n: Larr▇ ▇▇▇▇▇▇▇▇ ▇▇▇: (615) ▇▇▇-▇▇▇▇ ▇▇▇: (615) ▇▇▇-▇▇▇▇ United States National Bank of Oregon 12.72727272% $ 35,000,000.00 555 ▇.▇. ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇n: Step▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇: (503) ▇▇▇-▇▇▇▇ ▇▇▇: (503) ▇▇▇-▇▇▇▇ First Tennessee Bank National Association 5.454545455% $ 15,000,000.00 165 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇n: Joe ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇: (901) ▇▇▇-▇▇▇▇ ▇▇▇: (901) ▇▇▇-▇▇▇▇ 5.454545455% $ 15,000,000.00 Union Planters National Bank 6200 ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇: (901) ▇▇▇-▇▇▇▇ ▇▇▇: (901) ▇▇▇-▇▇▇▇ Total: 100% $275,000,000.00 SCHEDULE 2.1(B)(I) FORM OF NOTICE OF BORROWING NationsBank, N.A., as Agent for the Lenders 101 ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ Independence Center, 15th ▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇-▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ention: Agency Services Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the "Borrower"), refers to the Credit Agreement dated as of December 20, 1996 (as amended, modified, extended or restated from time to time, the "Credit Agreement"), among the Borrower, the Lenders, NationsBank, N.A., as Agent, and SunTrust Bank, Nashville, N.A., as Co-Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to Section 2.1 of the Credit Agreement that it requests a Revolving Loan advance under the Credit Agreement, and in connection therewith sets forth below the t...
Examples of Double Split Rating in a sentence
In the event of a Double Split Rating, the applicable Pricing Level shall be based on the Pricing Level which is one above that corresponding to the lower Rating.
In the event of a Double Split Rating, the applicable Pricing Level shall be based on the Pricing Level which is one level below that corresponding to the higher Rating.
More Definitions of Double Split Rating
Double Split Rating means the ratings of S&P and ▇▇▇▇▇'▇ would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. SCHEDULE 2.1(a) LENDERS/COMMITMENTS AS OF CLOSING DATE LENDER REVOLVING COMMITMENTS -------------------------------------------------------------------------------------------------------------------- REVOLVING COMMITMENT REVOLVING COMMITMENT PERCENTAGE -------------------------------------------------------------------------------------------------------------------- Citibank, N.A. $33,000,000.00 11.000000000% Fleet National Bank $33,000,000.00 11.000000000% JPMorgan Chase Bank $26,250,000.00 8.750000000% SunTrust Bank $26,250,000.00 8.750000000% Wachovia Bank, National Association $26,250,000.00 8.750000000% ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA $21,000,000.00 7.000000000% BNP Paribas $12,750,000.00 4.250000000% KeyBank National Association $12,750,000.00 4.250000000% National City Bank $12,750,000.00 4.250000000% Union Bank of California, N.A. $12,750,000.00 4.250000000% U.S. Bank National Association $12,750,000.00 4.250000000% Credit Lyonnais New York Branch $ 9,000,000.00 3.000000000% Fifth Third Bank $ 9,000,000.00 3.000000000% ▇▇▇▇▇ Fargo, National Association $ 9,000,000.00 3.000000000% The Bank of Tokyo-Mitsubishi, Ltd. $ 7,500,000.00 2.500000000% Comerica Bank $ 7,500,000.00 2.500000000% The Bank of New York $ 6,000,000.00 2.000000000% First Tennessee National Association $ 6,000,000.00 2.000000000% Northern Trust Company $ 6,000,000.00 2.000000000% AmSouth Bank $ 3,000,000.00 1.000000000% Hibernia National Bank $ 3,000,000.00 1.000000000% National Bank of Egypt, New York Branch $ 3,000,000.00 1.000000000% Compass Bank $ 1,500,000.00 .500000000% TOTALS: $ 300,000,000 100.000000000% Fleet National Bank MADE10510A ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attentions: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Vice President Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Citibank, N.A. ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ E-Mail: ▇▇▇▇▇▇.▇.▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ JPMorgan Chase Bank ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ E-Mail: ▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ SunTrust Bank ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇ ▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ E-Mail: ▇▇▇▇▇.▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ Wachovia Bank, National Association ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ...
Double Split Rating means the two lowest Ratings among the applicable Ratings published by S&P, ▇▇▇▇▇’▇ and Fitch would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Lender Percentage Commitment Bank of America, N.A. 12.500000000 % $ 100,000,000.00 JPMorgan Chase Bank, N.A. 12.500000000 % $ 100,000,000.00 ▇▇▇▇▇ Fargo Bank, N.A. 11.250000000 % $ 90,000,000.00 SunTrust Bank 11.250000000 % $ 90,000,000.00 US Bank National Association 10.000000000 % $ 80,000,000.00 Regions Bank 8.750000000 % $ 70,000,000.00 Fifth Third Bank, an Ohio banking corporation 5.000000000 % $ 40,000,000.00 KeyBank National Association 5.000000000 % $ 40,000,000.00 Mizuho Corporate Bank, Ltd. 5.000000000 % $ 40,000,000.00 Union Bank, N.A. 5.000000000 % $ 40,000,000.00 Comerica Bank 2.500000000 % $ 20,000,000.00 Deutsche Bank AG New York Branch 2.500000000 % $ 20,000,000.00 PNC Bank, National Association 2.500000000 % $ 20,000,000.00 The Northern Trust Company 2.500000000 % $ 20,000,000.00 Branch Banking and Trust Company 1.250000000 % $ 10,000,000.00 Compass Bank 1.250000000 % $ 10,000,000.00 Capital One Bank, N.A. 0.625000000 % $ 5,000,000.00 First Tennessee Bank National Association 0.625000000 % $ 5,000,000.00 Total: 100.000000000 % $ 800,000,000.00 Bank of America, N.A. ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, Building B Mail Code: CA4-702-02-25 ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the “Borrower”), refers to the Credit Agreement dated as of July 9, 2009 (as amended, modified, extended or restated from time to time, the “Credit Agreement”), among the Borrower, the Lenders, Bank of America, N.A., as Administrative Agent and JPMorgan Chase Bank, N.A., as Syndication Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to Section 2.1 of the Credit Agreement that it requests a Revolving Loan advance under the Credit Agreement, and in connection therewith sets forth below the terms on which such Loan advance is requested to be made:
Double Split Rating means the ratings of S&P and Moody's would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. SCHEDULE 1.1(b) FORM OF NOTICE OF BORROWING Fleet National Bank, as Administrative Agent for the Lenders ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇-▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: Agency Services Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the "Borrower"), refers to the Credit Agreement dated as of December 23, 2004 (as amended, modified, extended or restated from time to time, the "Credit Agreement"), among the Borrower, the Lenders, Fleet National Bank, as Administrative Agent and Wachovia Bank, National Association, as Syndication Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to the definition of "Funding Date" in Section 1.1 of the Credit Agreement that it requests the Term Loan under the Credit Agreement, and in connection therewith sets forth below the terms on which such Loan advance is requested to be made:
Double Split Rating means the ratings of S&P and M▇▇▇▇'▇ would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. SCHEDULE 2.1(A) LENDERS Commitment Lender Percentage Commitment ------ ---------- ---------- NationsBank, N.A. 20.0000000% $30,000,000 NationsBank C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇-▇▇▇-▇-▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: J▇▇ ▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ SunTrust Bank, Nashville, N.A. 16.6666667% $25,000,000 6▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: B▇▇▇▇ ▇. ▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Fleet Bank 16.6666667% $25,000,000 One Federal Street Mail Stop MA OF 0320 B▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: T▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: KeyBank 16.6666667% $25,000,000 5▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: W▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Norwest Bank 13.3333333% $20,000,000 P.▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: S▇▇▇▇ ▇▇▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: The First National Bank of Chicago 10.0000000% $15,000,000 One First N▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: J▇▇▇ ▇▇▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ First Union National Bank 6.6666667% $10,000,000 1▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: O▇▇▇▇▇▇ ▇▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ SCHEDULE 2.1(B)(I) FORM OF NOTICE OF BORROWING NationsBank, N.A., as Agent for the Lenders 1▇▇ ▇. ▇▇▇▇▇ Street Independence Center, 1▇▇▇ ▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇-▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Agency Services Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the "BORROWER"), refers to the Credit Agreement dated as of November 13, 1998 (as amended, modified, extended or restated from time to time, the "CREDIT AGREEMENT"), among the Borrower, the Lenders, NationsBank, N.A., as Agent, and SunTrust Bank, Nashville, N.A., as Documentation Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to Section 2.1 of the Credit Agreement that it requests a Loan advance under the Credit Agreement, and in connection therewith sets forth below the terms on which such Loan advance is requested to be made:
Double Split Rating means the ratings of S&P and ▇▇▇▇▇'▇ would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. F400392 $ 22,300,000.00 Employer's Insurance of Wausau 9/1/02 Yes F400439 $ 1,250,000.00 Lumberman's Mutual Caualty Co. 6/30/03 Yes F400446 $ 277,778.00 Inland Realty Holding Company, Inc. 5/28/03 Yes THIS ASSIGNMENT AND ACCEPTANCE dated as of _______________, 200_ is entered into between ________________ ("Assignor") and ____________________ ("Assignee"). Reference is made to the Five-Year Credit Agreement dated as of May 23, 2000, as amended and modified from time to time thereafter (the "Credit Agreement") among AutoZone, Inc., the Lenders party thereto, Bank of America, N.A., as Administrative Agent and The Chase Manhattan Bank, as Syndication Agent. Terms defined in the Credit Agreement are used herein with the same meanings.
Double Split Rating means the ratings of S&P and M▇▇▇▇'▇ would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. SCHEDULE 2.1(A) LENDERS Commitment Lender Percentage Commitment ------ ---------- ---------- NationsBank, N.A. 66.6666667% $100,000,000 NationsBank C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇-▇-▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: J▇▇ ▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ SunTrust Bank, Nashville, N.A. 33.3333333% $50,000,000 6▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: B▇▇▇▇ ▇. ▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ SCHEDULE 2.1(B)(I) FORM OF NOTICE OF BORROWING NationsBank, N.A., as Agent for the Lenders 1▇▇ ▇. ▇▇▇▇▇ Street Independence Center, 1▇▇▇ ▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇-▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Agency Services Ladies and Gentlemen: The undersigned, AUTOZONE, INC. (the "BORROWER"), refers to the Credit Agreement dated as of February 23, 1998 (as amended, modified, extended or restated from time to time, the "CREDIT AGREEMENT"), among the Borrower, the Lenders, NationsBank, N.A., as Agent, and SunTrust Bank, Nashville, N.A., as Documentation Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives notice pursuant to Section 2.1 of the Credit Agreement that it requests a Loan advance under the Credit Agreement, and in connection therewith sets forth below the terms on which such Loan advance is requested to be made: