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 Xxxxx’x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.1(a) LENDERS Lender Commitment Percentage Revolving Commitment Bank of America, N.A. 8.750000000 % $ 140,000,000.00 JPMorgan Chase Bank, N.A. 8.750000000 % $ 140,000,000/00 Barclays Bank PLC 8.578125000 % $ 137,250,000.00 SunTrust Bank 8.578125000 % $ 137,250,000.00 U.S. Bank, N.A. 8.578125000 % $ 137,250,000.00 Xxxxx Fargo Bank, N.A. 8.578125000 % $ 137,250,000.00 Bank of the West 3.000000000 % $ 48,000,000.00 Branch Banking & Trust Company 3.000000000 % $ 48,000,000.00 Capital One N.A. 3.000000000 % $ 48,000,000.00 Citibank, N.A. 3.000000000 % $ 48,000,000.00 Deutsche Bank AG New York Branch 3.000000000 % $ 48,000,000.00 Fifth Third Bank 3.000000000 % $ 48,000,000.00 KeyBank N.A. 3.000000000 % $ 48,000,000.00 Mizuho Bank, Ltd. 3.000000000 % $ 48,000,000.00 PNC Bank, N.A. 3.000000000 % $ 48,000,000.00 Regions Bank 3.000000000 % $ 48,000,000.00 TD Bank, N.A. 3.000000000 % $ 48,000,000.00 The Bank of Tokyo-Mitsubishi UFJ, Ltd. 3.000000000 % $ 48,000,000.00 Northern Trust Company 2.812500000 % $ 45,000,000.00 Banco Santander, S.A. 1.562500000 % $ 25,000,000.00 Comerica Bank 1.562500000 % $ 25,000,000.00 Compass Bank, dba BBVA Compass 1.562500000 % $ 25,000,000.00 Credit Agricole Corporate and Investment Bank 1.562500000 % $ 25,000,000.00 HSBC Bank USA, N.A. 1.562500000 % $ 25,000,000.00 Huntington National Bank 1.562500000 % $ 25,000,000.00 Total: 100.000000000 % $ 1,600,000,000.00

Double Split Rating means the ratings of S&P and Xxxxx'x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart.

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 Moody's would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.4EXISTING LETTERS OF CREDIT L/C #AmountBeneficiary S chedule 10.3(b) FORM OFASSIGNMENT AND ACCEPTANCETHIS 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 Mxxxx'x 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 Cxxxxxxxx Xxxxxx XX0000-0-0 Xxxxxxxxx, XX 00000 Attn: Jxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 SunTrust Bank, Nashville, N.A. 33.3333333% $50,000,000 6000 Xxxxxx Xxxxxx Xxxxx 000 Xxxxxxx, XX 00000 Attn: Bxxxx X. Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 SCHEDULE 2.1(B)(I) FORM OF NOTICE OF BORROWING NationsBank, N.A., as Agent for the Lenders 100 X. Xxxxx Street Independence Center, 10xx Xxxxx XX0-000-00-00 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 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:

Double Split Rating means the ratings of S&P and Moodx'x xxxld 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 Corpxxxxx Xxxxxx XX0000-0-0 Xxxxxxxxx, XX 00000 Xxxn: Jeb Xxxx Xxx: (704) 000-0000 Xxx: (704) 000-0000 SunTrust Bank, Nashville, N.A. 16.36363636% $ 45,000,000.00 6410 Xxxxxx Xxxxxx Xxxxx 000 Xxxxxxx, XX 00000 Xxxn: Bryax X. Xxxx Xxx: (901) 000-0000 Xxx: (901) 000-0000 Bank of America Illinois 14.54545455% $ 40,000,000.00 1230 Xxxxxxxxx Xxxxxx Xxxxx 0000 Xxxxxxx, XX 00000 Xxxn: Rogex Xxxx Xxx: (404) 000-0000 Xxx: (404) 000-0000 The First National Bank of Chicago 14.54545455% $ 40,000,000.00 One First Natixxxx Xxxxx Xxxx Xxxxx 0000 Xxxxxxx, XX 00000-0000 Xxxn: Cathx Xxxxxxxxx Xxx: (312) 000-0000 Xxx: (312) 000-0000 First Union National Ban 12.72727272% $ 35,000,000.00 150 0xx Xxxxxx 0xx Xxxxx Xxxxxxxxx, XX 00000 Xxxn: Larrx Xxxxxxxx Xxx: (615) 000-0000 Xxx: (615) 000-0000 United States National Bank of Oregon 12.72727272% $ 35,000,000.00 555 X.X. Xxx Xxxxxx Xxxxx 000 Xxxxxxxx, XX 00000 Xxxn: Stepxxx Xxxxxxxx Xxx: (503) 000-0000 Xxx: (503) 000-0000 First Tennessee Bank National Association 5.454545455% $ 15,000,000.00 165 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxxxxxx, XX 00000 Xxxn: Joe Xxxxxxxxxxx Xxx: (901) 000-0000 Xxx: (901) 000-0000 5.454545455% $ 15,000,000.00 Union Planters National Bank 6200 Xxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, XX 00000 Xxx: (901) 000-0000 Xxx: (901) 000-0000 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 X. Xxxxx Xxxxxx Independence Center, 15th Xxxxx XX0-000-00-00 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Xxxention: 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...

Double Split Rating means the ratings of S&P and Xxxxx'x would indicate different Pricing Levels, but the Pricing Levels are two or more Pricing Levels apart. Schedule 2.4 EXISTING LETTERS OF CREDIT L/C # Amount Beneficiary Expiration Date Evergreen Provision 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 Total $ 23,827,778.00 Schedule 10.3(b) FORM OF ASSIGNMENT AND ACCEPTANCE 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 Xxxxx'x 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% Xxxxxxx Xxxxx 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% Xxxxx 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 00 Xxxxx Xxxxxx Xxxxxx, XX 00000 Attentions: Xxxxxx XxxXxxxxxx, Vice President Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Citibank, N.A. 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxx Xxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 E-Mail: Xxxxxx.X.Xxxx@xxxxxxxxx.xxx JPMorgan Chase Bank 000 Xxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxx Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 E-Mail: Xxxxx.Xxxxxxx@XXXxxxxx.xxx SunTrust Bank 0000 Xxxxxx Xxxxxx, Xxxxx 000 Xxxxxxx, XX 00000 Attention: Xxxxx Xxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 E-Mail: xxxxx.xxxx@xxxxxxxx.xxx Wachovia Bank, National Association 0000 Xxxxxxxx Xxxxxx XX 0000 Xxxxxxxxxxxx, XX ...

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