LETTER OF CREDIT AGREEMENT BY AND AMONG PMA CAPITAL CORPORATION, THE BANK(S) PARTY HERETO AND FLEET NATIONAL BANK AS AGENT AND AS ISSUING BANK Dated as of December 4, 2001Assignment and Acceptance Agreement • March 19th, 2002 • Pma Capital Corp • Fire, marine & casualty insurance • Massachusetts
LETTER OF CREDIT AGREEMENT, dated as of December 4, 2001, by and among PMA CAPITAL CORPORATION, a Pennsylvania corporation (the “Applicant”), each Co-Applicant (as defined in Section 1), the bank(s) or other lending institution(s) party hereto (together with their respective successors and assigns, the “Banks”, and each a “Bank”) and FLEET NATIONAL BANK, as agent for itself and the other Banks (in such capacity, together with its successors and assigns in such capacity, the “Agent”), and as issuing bank (in such capacity, together as with its successors and assigns in such capacity, the “Issuing Bank”) for the Letters of Credit (as defined in Section 1).
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • March 19th, 2002 • Pma Capital Corp • Fire, marine & casualty insurance • Massachusetts
This Pledge and Security Agreement, dated as of December 4, 2001, made by and among PMA CAPITAL CORPORATION, a Pennsylvania corporation (the “Applicant”), each subsidiary of the Applicant which is or may become a party hereto (each individually a “Co-Applicant” and collectively the “Co-Applicants” and together with the Applicant, each individually a “Pledgor” and collectively the “Pledgors”), and FLEET NATIONAL BANK, as agent (in such capacity, the “Agent”) for the banks and other financial institutions (collectively, the “Banks”) parties to the Credit Agreement (as defined below).
THIRD AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 19th, 2002 • Pma Capital Corp • Fire, marine & casualty insurance • North Carolina
THIS THIRD AMENDMENT TO CREDIT AGREEMENT, dated as of December 7, 2001 (this “Amendment”), is made in respect of the Credit Agreement dated as of March 14, 1997 (as amended, the “Credit Agreement”), by and between PMA CAPITAL CORPORATION, a Pennsylvania corporation formerly known as Pennsylvania Manufacturers Corporation (the “Borrower”), the banks and financial institutions listed on the signature pages thereof or that become parties thereto after the date thereof (collectively the “Lenders”), THE BANK OF NEW YORK, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), and FIRST UNION NATIONAL BANK (formerly known as First Union National Bank of North Carolina), as documentation agent for the Lenders (in such capacity, the “Documentation Agent”) (each of the Administrative Agent and Documentation Agent, an “Agent” and collectively, the “Agents”). Capitalized terms used but not defined herein shall have the meanings given to such terms in the Credit Agr
FORM OF CONTROL AGREEMENTForm of Control Agreement • March 19th, 2002 • Pma Capital Corp • Fire, marine & casualty insurance • Massachusetts
In connection with the financing arrangement between Pledgors and the Agent, and in order to establish the Agent’s “control” of the Collateral under and pursuant to the Uniform Commercial Code in effect in the Governing Law State, as hereafter defined (the “UCC”), for valuable consideration and intending to be legally bound, it is hereby agreed by and among Pledgors, Securities Intermediary, and the Agent, as follows:
