Preview
Full Doc
 | 2001 |
Credit Agreement
Credit Agreement (328K)
Doc #114516: Click preview link for longer preview.
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC.,
as Lead Arranger and Book Manager
THE BANK OF NEW YORK,
as Syndication Agent
DRESDNER BANK AG, NEW YORK
AND GRAND CAYMAN BRANCHES
as Documentation Agent
-vii-
{PAGE} 2
CREDIT AGREEMENT, dated as of July 30, 1999, among UNIVERSAL
AMERICAN FINANCIAL CORP., a New York corporation (the "Borrower"), the lending
institutions listed from time to time on Annex I hereto (each a "Bank" and,
collectively, the "Banks"), and THE CHASE MANHATTAN BANK, as Administrative
Agent (the "Administrative Agent"). Unless otherwise defined herein, all
capitalized terms used herein and defined in Section 9 are used herein as so
defined.
W I T N E S S E T H :
WHEREAS, subject to and upon the terms and conditions set forth
herein, the Banks are willing to make available to the Borrower the credit
facilities provided for herein.
NOW, THEREFORE, IT IS AGREED:
SECTION 1. Amount and Terms of Credit.
1.01 Commitments. Subject to and upon the terms and conditions
herein set forth, each Bank severally agrees to make a loan or loans (each a
"Loan" and, collectively, the "Loans") to the Borrower, which Loans shall be
drawn, to the extent such Bank has a commitment under such Facility, under the
Term Loan Facility and the Revolving Loan Facility, respectively, as set forth
below:
(a) Each Loan under the Term Loan Facility (each, a "Term Loan" and,
collectively, the "Term Loans"):
(i) shall be incurred by the Borrower on the Initial Borrowing Date;
(ii) shall be denominated in U.S. Dollars;
(iii) may, except as hereinafter provided, at the option of the
Borrower, be incurred and maintained as, and/or converted into, Base Rate
Loans or Eurodollar Loans, provided that all Term Loans incurred as part
of the same Borrowing shall, unless otherwise specifically provided
herein, consist of Term Loans of the same Type;
(iv) shall not exceed for any Bank at the time of incurrence thereof
that aggregate principal amount which equals the Term Loan Commitment, if
any, of such Bank at such time; and
(v) once repaid, may not be reborrowed.
(b) Each Loan under the Revolving Loan Facility (each, a "Revolving
114516
|
UAF
As referenced in this Credit Agreement:
UNIVERSAL AMERICAN FINANCIAL CORP –
{DOCUMENT}
{TYPE}EX-99.C
{SEQUENCE}2
{PAGE} 1
EXHIBIT C
================================================================================
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP .,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES
_____________
UNIVERSAL
AMERICAN FINANCIAL CORP – BANK AG, NEW YORK
AND GRAND CAYMAN BRANCHES
as Documentation Agent
-vii-
{PAGE} 2
CREDIT AGREEMENT, dated as of July 30, 1999, among UNIVERSAL
AMERICAN FINANCIAL CORP ., a New York corporation (the "Borrower"), the lending
institutions listed from time to time on Annex I hereto (each a "Bank" and,
_____________
Universal American
Financial Corp – a) such remainder referred to in clause (ii) above shall include, without
limitation, $4,000,000 of Series D Preferred Stock sold to Universal American
Financial Corp oration, L.P prior to the consummation of the Transaction and (b)
in addition to the amounts referred to in clauses (i) and (
_____________
UNIVERSAL AMERICAN FINANCIAL CORP – counterpart of this Agreement to be duly executed and delivered as of
the date first above written.
Address:
Six International Drive, Suite 190 UNIVERSAL AMERICAN FINANCIAL CORP .
Rye Brook, New York 10573-1068
Tel: (914) 934-8700
Fax: (914) 934-0700
Attention: Richard A. Barasch By /s/ Richard A.
_____________
dt 231219
;
Fannie Mae
As referenced in this Credit Agreement:
Federal National Mortgage Association – Rating of AAA,
obligations issued or guaranteed by the Federal Home Loan Mortgage Corporation,
the Federal National Mortgage Association , the Government National Mortgage
Association, the Student Loan Marketing Association and the Federal Home
_____________
dt 80336
;
 BNY
As referenced in this Credit Agreement:
BANK OF NEW YORK, – 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC.,
as Lead Arranger and Book Manager
THE BANK OF NEW YORK,
as Syndication Agent
DRESDNER BANK AG, NEW YORK
AND GRAND CAYMAN BRANCHES
as Documentation
Bank of New York, – is not a Business Day, for
the next preceding Business Day) by the Federal Reserve Bank of New York, or, if
such rate is not so published for any day which is a
BANK OF NEW YORK, – BANK,
Individually and as Administrative
Agent
By /s/ Helen L. Newcomb
--------------------------------------
Title: Vice President
THE BANK OF NEW YORK,
Individually and as Syndication
Agent
By /s/ Benjamin L. Balkind
--------------------------------------
Title: Vice President
DRESDNER
Bank of New York – Commitment
---- -------------------- -------------------------
{S} {C} {C}
The Chase Manhattan Bank $ 21,875,000 3,125,000
The Bank of New York 17,500,000 2,500,000
Dresdner Bank AG, New York and Grand 17,
Bank of New York – 10081
Tel: (212) (212) 552-7942
Fax: (212) (212) 552-7490
Attention: Eleanor Fiore
The Bank of New York One Wall Street
New York, New York 10286
Tel: (212) 635-6407
Fax: (212)
dt 41439
;
|
Chase Manhattan
As referenced in this Credit Agreement:
CHASE MANHATTAN BANK, – DOCUMENT}
{TYPE}EX-99.C
{SEQUENCE}2
{PAGE} 1
EXHIBIT C
================================================================================
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC.,
as Lead Arranger and Book Manager
THE
_____________
CHASE MANHATTAN BANK, – the "Borrower"), the lending
institutions listed from time to time on Annex I hereto (each a "Bank" and,
collectively, the "Banks"), and THE CHASE MANHATTAN BANK, as Administrative
Agent (the "Administrative Agent"). Unless otherwise defined herein, all
capitalized terms used herein and defined in Section 9 are used
_____________
Chase Manhattan Bank. – or (e) a majority of the Board of Directors of the
Borrower shall cease to consist of Continuing Directors.
"Chase" shall mean The Chase Manhattan Bank.
"Code" shall mean the Internal Revenue Code of 1986, as
amended from time to time, and the regulations promulgated and rulings issued
_____________
CHASE MANHATTAN BANK, – 1068
Tel: (914) 934-8700
Fax: (914) 934-0700
Attention: Richard A. Barasch By /s/ Richard A. Barasch
--------------------------------------
Title: Chairman and CEO
THE CHASE MANHATTAN BANK,
Individually and as Administrative
Agent
By /s/ Helen L. Newcomb
--------------------------------------
Title: Vice President
THE BANK OF NEW YORK,
Individually and as Syndication
_____________
Chase Manhattan Bank – Officer
{PAGE} 85
ANNEX I
LIST OF BANKS AND COMMITMENTS
{TABLE}
{CAPTION}
Bank Term Loan Commitment Revolving Loan Commitment
---- -------------------- -------------------------
{S} {C} {C}
The Chase Manhattan Bank $ 21,875,000 3,125,000
The Bank of New York 17,500,000 2,500,000
Dresdner Bank AG, New York
_____________
dt 101540
;
Chase Securities
As referenced in this Credit Agreement:
CHASE SECURITIES INC – AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC .,
as Lead Arranger and Book Manager
THE BANK OF NEW YORK,
as Syndication Agent
DRESDNER BANK AG, NEW YORK
AND GRAND CAYMAN
_____________
dt 212493
;
More... |
Preview
Full Doc
| 2004 |
Credit Agreement [Amended and Restated]
Credit Agreement [Amended and Restated] (403K)
Doc #292368: Click preview link for longer preview.
{DOCUMENT}
{TYPE}EX-10
{SEQUENCE}2
{FILENAME}jd5-28_credit.txt
{TEXT}
Exhibit 10
Published CUSIP Number: _________
AMENDED AND RESTATED CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
BANK OF AMERICA, N.A.,
as the Administrative Agent,
the Collateral Agent and the L/C Issuer
Dated as of May 28, 2004
$120,000,000
ING CAPITAL LLC, as Syndication Agent
SUNTRUST BANK, as Documentation Agent
BANC OF AMERICA SECURITIES LLC,
as Sole Lead Arranger and Book Manager
{PAGE}
TABLE OF CONTENTS
{TABLE}
{S} {C} {C}
Page
SECTION 1. Amount and Terms of Credit......................................................................1
1.01 Commitments..........................................................................................1
1.02 Minimum Amount of Each Borrowing; Maximum Number of Borrowings.......................................2
1.03 Notice of Borrowing..................................................................................2
1.04 Disbursement of Funds................................................................................3
1.05 Notes................................................................................................4
1.06 Conversions..........................................................................................4
1.07 Letters of Credit....................................................................................4
1.08 Pro Rata Borrowings.................................................................................11
1.09 Interest............................................................................................11
1.10 Interest Periods....................................................................................12
1.11 Increased Costs, Illegality, etc....................................................................13
1.12 Compensation........................................................................................15
1.13 Change of Lending Office............................................................................15
1.14 Replacement of Banks................................................................................16
SECTION 2. Fees; Commitments..............................................................................16
2.01 Fees................................................................................................16
2.02 Mandatory Reductions of Commitments.................................................................16
SECTION 3. Payments.......................................................................................17
3.01 Termination or Reduction of the Total Revolving Loan Commitment.....................................17
3.02 Voluntary Prepayments...............................................................................17
3.03 Mandatory Repayments and Prepayments................................................................17
3.04 Method and Place of Payment.........................................................................20
3.05 Net Payments........................................................................................21
SECTION 4. Conditions Precedent...........................................................................23
4.01 Effectiveness; Notes................................................................................24
4.02 No Default; Representations and Warranties..........................................................24
4.03 Officer's Certificate...............................................................................24
4.04 Opinions of Counsel.................................................................................24
4.05 Corporate Proceedings...............................................................................24
4.06 No Material Adverse Effect..........................................................................24
4.07 Litigation..........................................................................................24
4.08 Subsidiary Guaranty.................................................................................25
4.09 Pledge Agreement....................................................................................25
4.10 Security Agreement..................................................................................25
4.11 Lien Searches.......................................................................................26
4.12 Consummation of the Transaction.....................................................................26
4.13 Acquisition Documents...............................................................................26
4.14 Financial Statements; Projections...................................................................26
4.15 Approvals, etc......................................................................................27
4.16 Indebtedness........................................................................................27
4.17 Payment of Fees.....................................................................................27
4.18 Notice of Borrowing.................................................................................27
4.19 Insurance Policies..................................................................................27
4.20 Capital Structure...................................................................................27
4.21 Ratings.............................................................................................27
SECTION 5. Representations, Warranties and Agreements.....................................................28
5.01 Corporate Status....................................................................................28
i
{PAGE}
5.02 Corporate Power and Authority.......................................................................28
5.03 No Contravention of Laws, Agreements or Organizational Documents....................................28
5.04 Litigation and Contingent Liabilities...............................................................29
5.05 Use of Proceeds; Margin Regulations.................................................................29
5.06 Approvals...........................................................................................29
5.07 Investment Company Act..............................................................................29
5.08 Public Utility Holding Company Act..................................................................29
5.09 True and Complete Disclosure; Projections and Assumptions...........................................30
5.10 Consummation of Transaction.........................................................................30
5.11 Financial Condition; Financial Statements...........................................................30
5.12 Security Interests..................................................................................31
5.13 Tax Returns and Payments............................................................................31
5.14 Compliance with ERISA...............................................................................31
5.15 Subsidiaries........................................................................................32
5.16 Intellectual Property, etc..........................................................................33
5.17 Pollution and Other Regulations.....................................................................33
5.18 Labor Relations; Collective Bargaining Agreements...................................................33
5.19 Representations and Warranties in Transaction Documents.............................................34
5.20 Indebtedness........................................................................................34
5.21 Compliance with Statutes, etc.......................................................................34
5.22 Insurance Licenses..................................................................................34
SECTION 6. Affirmative Covenants..........................................................................34
6.01 Information Covenants...............................................................................34
6.02 Books, Records and Inspections......................................................................37
6.03 Insurance...........................................................................................37
6.04 Payment of Taxes....................................................................................38
6.05 Corporate Franchises................................................................................38
6.06 Compliance with Statutes, etc.......................................................................38
6.07 ERISA...............................................................................................38
6.08 Performance of Obligations..........................................................................39
6.09 Good Repair.........................................................................................39
6.10 End of Fiscal Years; Fiscal Quarters................................................................39
292368
|
UAF
As referenced in this Credit Agreement [Amended and Restated]:
UNIVERSAL AMERICAN FINANCIAL CORP – DOCUMENT}
{TYPE}EX-10
{SEQUENCE}2
{FILENAME}jd5-28_credit.txt
{TEXT}
Exhibit 10
Published CUSIP Number: _________
AMENDED AND RESTATED CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP .,
VARIOUS LENDING INSTITUTIONS,
and
BANK OF AMERICA, N.A.,
as the Administrative Agent,
the Collateral Agent and the L/C Issuer
Dated
_____________
UNIVERSAL AMERICAN FINANCIAL CORP – Certificate
Exhibit J - Form of Assignment and Assumption Agreement
iv
{PAGE}
AMENDED AND RESTATED CREDIT AGREEMENT, dated as of May 28, 2004,
among UNIVERSAL AMERICAN FINANCIAL CORP ., a New York corporation (the
"Borrower"), the lending institutions listed from time to time on Schedule 1
hereto (each a "Bank" and,
_____________
Universal American Financial Corp – follow.]
90
{PAGE}
Signature Page to that certain Amended and Restated Credit Agreement dated as of
the date first set forth above, among Universal American Financial Corp ., as the
Borrower, Bank of America, N.A., as the Administrative Agent, the Collateral
Agent and the L/C Issuer, and certain
_____________
UNIVERSAL AMERICAN FINANCIAL CORP – Borrower, Bank of America, N.A., as the Administrative Agent, the Collateral
Agent and the L/C Issuer, and certain Banks party thereto.
UNIVERSAL AMERICAN FINANCIAL CORP ., as
Borrower
By: /s/ Robert Waegelein
-------------------------------------
Robert Waegelein, Executive Vice
President and Chief Financial Officer
Address:
Six International Drive, Suite 190
Rye
_____________
Universal American Financial Corp – CREDIT AGREEMENT
{PAGE}
Signature Page to that certain Amended and Restated Credit Agreement dated as of
the date first set forth above, among Universal American Financial Corp ., as the
Borrower, Bank of America, N.A., as the Administrative Agent, the Collateral
Agent and the L/C Issuer, and certain
_____________
dt 231222
;
Heritage Health
As referenced in this Credit Agreement [Amended and Restated]:
Heritage Health Systems, Inc – thereof and any entity exercising
executive, legislative, judicial, regulatory or administrative functions of or
pertaining to government.
63
{PAGE}
"Heritage Health" shall mean Heritage Health Systems, Inc ., a
Delaware corporation.
"Heritage Physician Networks" shall mean Heritage Physician Networks,
a Texas non-profit corporation.
"HHS-HPN Network" shall mean HHS-
_____________
dt 263970
;
Raymond James
As referenced in this Credit Agreement [Amended and Restated]:
RAYMOND JAMES BANK, – Borrower, Bank of America, N.A., as the Administrative Agent, the Collateral
Agent and the L/C Issuer, and certain Banks party thereto.
RAYMOND JAMES BANK, FSB, as a Bank
By: /s/ William C. Beiler
---------------------------------
Name: William C. Beiler
Title: Executive Vice President
SIGNATURE PAGE TO AMENDED AND
_____________
dt 248478
;
|
Fannie Mae
As referenced in this Credit Agreement [Amended and Restated]:
Federal
National Mortgage Association – in each case having an S&P Equivalent Rating of AAA, obligations issued
or guaranteed by the Federal Home Loan Mortgage Corporation, the Federal
National Mortgage Association , the Government National Mortgage Association, the
Student Loan Marketing Association and the Federal Home Loan Bank.
"Wholly-Owned Subsidiary" of any Person
_____________
dt 252229
;
BofA Securities
As referenced in this Credit Agreement [Amended and Restated]:
BANC OF AMERICA SECURITIES LLC – L/C Issuer
Dated as of May 28, 2004
$120,000,000
ING CAPITAL LLC, as Syndication Agent
SUNTRUST BANK, as Documentation Agent
BANC OF AMERICA SECURITIES LLC ,
as Sole Lead Arranger and Book Manager
{PAGE}
TABLE OF CONTENTS
{TABLE}
{S} {C} {C}
Page
SECTION 1. Amount and Terms of
_____________
Banc of America Securities LLC – Affiliate of a Bank or (c) an entity or an Affiliate of an entity
that administers or manages a Bank.
"Arranger" shall mean Banc of America Securities LLC and its
successors and assigns in its capacity as "Sole Lead Arranger and Book Manager."
"Asset Sale" shall mean any sale, transfer
_____________
dt 252038
;
More... |
Preview
Full Doc
| 2003 |
Credit Agreement
Credit Agreement (409K)
Doc #292390: Click preview link for longer preview.
{DOCUMENT}
{TYPE}EX-10
{SEQUENCE}3
{FILENAME}mv4-1_ex10k.txt
{DESCRIPTION}10K
{TEXT}
Exhibit 10(k)
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
BANK OF AMERICA, N.A.,
as the Administrative Agent,
the Collateral Agent and the L/C Issuer
Dated as of March 31, 2003
$80,000,000
THE CIT GROUP/EQUIPMENT FINANCING, INC., as Syndication Agent
ING CAPITAL LLC, as Documentation Agent
BANC OF AMERICA SECURITIES LLC,
as Sole Lead Arranger and Book Manager
{PAGE}
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
{S} {C}
SECTION 1. Amount and Terms of Credit........................................................1
1.01 Commitments............................................................................1
1.02 Minimum Amount of Each Borrowing; Maximum Number of Borrowings.........................2
1.03 Notice of Borrowing....................................................................2
1.04 Disbursement of Funds..................................................................2
1.05 Notes..................................................................................3
1.06 Conversions............................................................................3
1.07 Letters of Credit......................................................................4
1.08 Pro Rata Borrowings...................................................................10
1.09 Interest..............................................................................11
1.10 Interest Periods......................................................................11
1.11 Increased Costs, Illegality, etc......................................................12
1.12 Compensation..........................................................................14
1.13 Change of Lending Office..............................................................15
1.14 Replacement of Banks..................................................................15
SECTION 2. Fees; Commitments................................................................15
2.01 Fees..................................................................................15
2.02 Mandatory Reductions of Commitments...................................................16
SECTION 3. Payments.........................................................................16
3.01 Termination or Reduction of the Total Revolving Loan Commitment.......................16
3.02 Voluntary Prepayments.................................................................16
3.03 Mandatory Repayments and Prepayments..................................................17
3.04 Method and Place of Payment...........................................................19
3.05 Net Payments..........................................................................19
SECTION 4. Conditions Precedent.............................................................22
4.01 Effectiveness; Notes..................................................................22
4.02 No Default; Representations and Warranties............................................22
4.03 Officer's Certificate.................................................................23
4.04 Opinions of Counsel...................................................................23
4.05 Corporate Proceedings.................................................................23
4.06 No Material Adverse Effect............................................................23
4.07 Litigation............................................................................23
4.08 Subsidiary Guaranty...................................................................23
4.09 Pledge Agreement......................................................................24
4.10 Security Agreement....................................................................24
4.11 Surplus Note..........................................................................24
4.12 Lien Searches.........................................................................25
4.13 Consummation of the Transaction.......................................................25
4.14 Acquisition Documents.................................................................25
4.15 Tax Sharing Agreements................................................................25
4.16 Financial Statements; Projections.....................................................25
4.17 Approvals, etc........................................................................26
4.18 Indebtedness..........................................................................26
4.19 Payment of Fees.......................................................................26
4.20 Notice of Borrowing...................................................................26
4.21 Insurance Policies....................................................................26
4.22 Capital Structure.....................................................................27
i
{PAGE}
SECTION 5. Representations, Warranties and Agreements.......................................27
5.01 Corporate Status......................................................................27
5.02 Corporate Power and Authority.........................................................27
5.03 No Contravention of Laws, Agreements or Organizational Documents......................27
5.04 Litigation and Contingent Liabilities.................................................28
5.05 Use of Proceeds; Margin Regulations...................................................28
5.06 Approvals.............................................................................28
5.07 Investment Company Act................................................................28
5.08 Public Utility Holding Company Act....................................................29
5.09 True and Complete Disclosure; Projections and Assumptions.............................29
5.10 Consummation of Transaction...........................................................29
5.11 Financial Condition; Financial Statements.............................................29
5.12 Security Interests....................................................................30
5.13 Tax Returns and Payments..............................................................30
5.14 Compliance with ERISA.................................................................31
5.15 Subsidiaries..........................................................................31
5.16 Intellectual Property, etc............................................................32
5.17 Pollution and Other Regulations.......................................................32
5.18 Labor Relations; Collective Bargaining Agreements.....................................32
5.19 Representations and Warranties in Transaction Documents...............................33
5.20 Indebtedness..........................................................................33
5.21 Compliance with Statutes, etc.........................................................33
5.22 Insurance Licenses....................................................................33
SECTION 6. Affirmative Covenants............................................................33
6.01 Information Covenants.................................................................33
6.02 Books, Records and Inspections........................................................36
6.03 Insurance.............................................................................37
6.04 Payment of Taxes......................................................................37
6.05 Corporate Franchises..................................................................37
6.06 Compliance with Statutes, etc.........................................................37
6.07 ERISA.................................................................................37
6.08 Performance of Obligations............................................................38
6.09 Good Repair...........................................................................38
6.10 End of Fiscal Years; Fiscal Quarters..................................................38
6.11 Maintenance of Licenses and Permits...................................................38
6.12 Register..............................................................................38
292390
|
UAF
As referenced in this Credit Agreement:
UNIVERSAL AMERICAN FINANCIAL CORP – {DOCUMENT}
{TYPE}EX-10
{SEQUENCE}3
{FILENAME}mv4-1_ex10k.txt
{DESCRIPTION}10K
{TEXT}
Exhibit 10(k)
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP .,
VARIOUS LENDING INSTITUTIONS,
and
BANK OF AMERICA, N.A.,
as the Administrative Agent,
the Collateral Agent and the L/C Issuer
Dated
_____________
UNIVERSAL
AMERICAN FINANCIAL CORP – Form of Compliance Certificate
Exhibit J - Form of Assignment and Assumption Agreement
iv
{PAGE}
CREDIT AGREEMENT, dated as of March 31, 2003, among UNIVERSAL
AMERICAN FINANCIAL CORP ., a New York corporation (the "Borrower"), the lending
institutions listed from time to time on Schedule 1 hereto (each a "Bank" and,
_____________
Universal American Financial Corp – blank.
Signature pages follow.]
87
{PAGE}
Signature Page to that certain Credit Agreement dated as of the date first set
forth above, among Universal American Financial Corp ., as the Borrower, Bank of
America, N.A., as the Administrative Agent, the Collateral Agent and the L/C
Issuer, and certain
_____________
UNIVERSAL AMERICAN FINANCIAL CORP – A., as the Administrative Agent, the Collateral Agent and the L/C
Issuer, and certain Banks party thereto.
SIGNATURE PAGE TO CREDIT AGREEMENT
UNIVERSAL AMERICAN FINANCIAL CORP ., as Borrower
By: /s/ Robert Waegelein
-------------------------------------------
Robert Waegelein, Executive Vice President
and Chief Financial Officer
Address:
Six International Drive, Suite 190
Rye
_____________
Universal American Financial Corp – SIGNATURE PAGE TO CREDIT AGREEMENT
{PAGE}
Signature Page to that certain Credit Agreement dated as of the date first set
forth above, among Universal American Financial Corp ., as the Borrower, Bank of
America, N.A., as the Administrative Agent, the Collateral Agent and the L/C
Issuer, and certain
_____________
dt 231243
;
Ceres Group
As referenced in this Credit Agreement:
Ceres Group, – Agreement" shall mean the Purchase Agreement dated as of
December 20, 2002, by and among the Borrower, PennLife, Continental General
Insurance Company and Ceres Group, Inc.
"Acquisition Documents" shall mean the Acquisition Agreement and all
other agreements and documents relating to the Acquisition including the Annexes
and
_____________
dt 231269
;
Raymond James
As referenced in this Credit Agreement:
RAYMOND JAMES BANK, – Borrower, Bank of
America, N.A., as the Administrative Agent, the Collateral Agent and the L/C
Issuer, and certain Banks party thereto.
RAYMOND JAMES BANK, FSB, as a Bank
By: /s/ William C. Beiler
---------------------------------------
Name: William C. Beiler
Title: Executive Vice President
SIGNATURE PAGE TO CREDIT AGREEMENT
{/
_____________
dt 248479
;
|
Fannie Mae
As referenced in this Credit Agreement:
Federal
National Mortgage Association – in each case having an S&P Equivalent Rating of AAA, obligations issued
or guaranteed by the Federal Home Loan Mortgage Corporation, the Federal
National Mortgage Association , the Government National Mortgage Association, the
Student Loan Marketing Association and the Federal Home Loan Bank.
71
{PAGE}
"Wholly-Owned Subsidiary" of
_____________
dt 252231
;
BofA Securities
As referenced in this Credit Agreement:
BANC OF AMERICA SECURITIES LLC – as of March 31, 2003
$80,000,000
THE CIT GROUP/EQUIPMENT FINANCING, INC., as Syndication Agent
ING CAPITAL LLC, as Documentation Agent
BANC OF AMERICA SECURITIES LLC ,
as Sole Lead Arranger and Book Manager
{PAGE}
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
{S} {C}
SECTION 1. Amount and Terms of
_____________
Banc of America Securities LLC – a Bank or (c) an entity or an Affiliate of an entity
that administers or manages a Bank.
54
{PAGE}
"Arranger" shall mean Banc of America Securities LLC and its
successors and assigns in its capacity as "Sole Lead Arranger and Book Manager."
"Asset Sale" shall mean any sale, transfer
_____________
dt 252041
;
More... |
Preview
Full Doc
| 2001 |
Credit Agreement
Credit Agreement (328K)
Doc #292402: Click preview link for longer preview.
{DOCUMENT}
{TYPE}EX-99.C
{SEQUENCE}2
{FILENAME}y46661ex99-c.txt
{DESCRIPTION}CREDIT AGREEMENT
{TEXT}
{PAGE} 1
EXHIBIT C
================================================================================
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC.,
as Lead Arranger and Book Manager
THE BANK OF NEW YORK,
as Syndication Agent
DRESDNER BANK AG, NEW YORK
AND GRAND CAYMAN BRANCHES
as Documentation Agent
-vii-
{PAGE} 2
CREDIT AGREEMENT, dated as of July 30, 1999, among UNIVERSAL
AMERICAN FINANCIAL CORP., a New York corporation (the "Borrower"), the lending
institutions listed from time to time on Annex I hereto (each a "Bank" and,
collectively, the "Banks"), and THE CHASE MANHATTAN BANK, as Administrative
Agent (the "Administrative Agent"). Unless otherwise defined herein, all
capitalized terms used herein and defined in Section 9 are used herein as so
defined.
W I T N E S S E T H :
WHEREAS, subject to and upon the terms and conditions set forth
herein, the Banks are willing to make available to the Borrower the credit
facilities provided for herein.
NOW, THEREFORE, IT IS AGREED:
SECTION 1. Amount and Terms of Credit.
1.01 Commitments. Subject to and upon the terms and conditions
herein set forth, each Bank severally agrees to make a loan or loans (each a
"Loan" and, collectively, the "Loans") to the Borrower, which Loans shall be
drawn, to the extent such Bank has a commitment under such Facility, under the
Term Loan Facility and the Revolving Loan Facility, respectively, as set forth
below:
(a) Each Loan under the Term Loan Facility (each, a "Term Loan" and,
collectively, the "Term Loans"):
(i) shall be incurred by the Borrower on the Initial Borrowing Date;
(ii) shall be denominated in U.S. Dollars;
(iii) may, except as hereinafter provided, at the option of the
Borrower, be incurred and maintained as, and/or converted into, Base Rate
Loans or Eurodollar Loans, provided that all Term Loans incurred as part
of the same Borrowing shall, unless otherwise specifically provided
herein, consist of Term Loans of the same Type;
(iv) shall not exceed for any Bank at the time of incurrence thereof
that aggregate principal amount which equals the Term Loan Commitment, if
any, of such Bank at such time; and
(v) once repaid, may not be reborrowed.
(b) Each Loan under the Revolving Loan Facility (each, a "Revolving
Loan" and, collectively, the "Revolving Loans"):
(i) may be incurred by the Borrower at any time and from time to
time after the Initial Borrowing Date and prior to the Revolving Loan
Maturity Date, it being understood that Revolving Loans may not be
incurred on the Initial Borrowing Date;
{PAGE} 3
2
(ii) shall be denominated in U.S. Dollars;
(iii) may, except as hereinafter provided, at the option of the
Borrower, be incurred and maintained as, and/or converted into, Base Rate
Loans or Eurodollar Loans, provided that all Revolving Loans incurred as
part of the same Borrowing shall, unless otherwise specifically provided
herein, consist of Revolving Loans of the same Type;
(iv) may be repaid and reborrowed in accordance with the provisions
hereof; and
(v) shall not exceed for any Bank at any time outstanding that
aggregate principal amount which, when added to the aggregate outstanding
principal amount of all other Revolving Loans made by such Bank at such
time, equals the Revolving Loan Commitment, if any, of such Bank at such
time.
1.02 Minimum Amount of Each Borrowing; Maximum Number of Borrowings.
The aggregate principal amount of each Borrowing hereunder shall not be less
than $1,000,000 and, if in excess thereof, shall be in an integral multiple of
$500,000; provided, however, that a Borrowing of Revolving Loans constituting
Base Rate Loans may be equal to the Total Unutilized Revolving Loan Commitment.
More than one Borrowing may be incurred on any day; provided that at no time
shall there be outstanding more than two Borrowings of Term Loans that are
Eurodollar Loans and five Borrowings of Revolving Loans that are Eurodollar
Loans.
1.03 Notice of Borrowing. (a) Whenever the Borrower desires to incur
Loans under any Facility, it shall give the Administrative Agent at its Notice
292402
|
UAF
As referenced in this Credit Agreement:
UNIVERSAL AMERICAN FINANCIAL CORP – {DOCUMENT}
{TYPE}EX-99.C
{SEQUENCE}2
{FILENAME}y46661ex99-c.txt
{DESCRIPTION}CREDIT AGREEMENT
{TEXT}
{PAGE} 1
EXHIBIT C
================================================================================
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP .,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES
_____________
UNIVERSAL
AMERICAN FINANCIAL CORP – BANK AG, NEW YORK
AND GRAND CAYMAN BRANCHES
as Documentation Agent
-vii-
{PAGE} 2
CREDIT AGREEMENT, dated as of July 30, 1999, among UNIVERSAL
AMERICAN FINANCIAL CORP ., a New York corporation (the "Borrower"), the lending
institutions listed from time to time on Annex I hereto (each a "Bank" and,
_____________
Universal American
Financial Corp – a) such remainder referred to in clause (ii) above shall include, without
limitation, $4,000,000 of Series D Preferred Stock sold to Universal American
Financial Corp oration, L.P prior to the consummation of the Transaction and (b)
in addition to the amounts referred to in clauses (i) and (
_____________
UNIVERSAL AMERICAN FINANCIAL CORP – counterpart of this Agreement to be duly executed and delivered as of
the date first above written.
Address:
Six International Drive, Suite 190 UNIVERSAL AMERICAN FINANCIAL CORP .
Rye Brook, New York 10573-1068
Tel: (914) 934-8700
Fax: (914) 934-0700
Attention: Richard A. Barasch By /s/ Richard A.
_____________
dt 231253
;
Fannie Mae
As referenced in this Credit Agreement:
Federal National Mortgage Association – in each case having an S&P Equivalent Rating of AAA,
obligations issued or guaranteed by the Federal Home Loan Mortgage Corporation,
the Federal National Mortgage Association , the Government National Mortgage
Association, the Student Loan Marketing Association and the Federal Home Loan
Bank.
"Wholly-Owned Subsidiary" of any Person
_____________
dt 252232
;
BNY
As referenced in this Credit Agreement:
BANK OF NEW YORK, – BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC.,
as Lead Arranger and Book Manager
THE BANK OF NEW YORK,
as Syndication Agent
DRESDNER BANK AG, NEW YORK
AND GRAND CAYMAN BRANCHES
as Documentation Agent
-vii-
{PAGE} 2
CREDIT AGREEMENT, dated as
_____________
Bank of New York, – published for such day (or, if such day is not a Business Day, for
the next preceding Business Day) by the Federal Reserve Bank of New York, or, if
such rate is not so published for any day which is a Business Day, the average
of the quotations for
_____________
BANK OF NEW YORK, – Barasch
--------------------------------------
Title: Chairman and CEO
THE CHASE MANHATTAN BANK,
Individually and as Administrative
Agent
By /s/ Helen L. Newcomb
--------------------------------------
Title: Vice President
THE BANK OF NEW YORK,
Individually and as Syndication
Agent
By /s/ Benjamin L. Balkind
--------------------------------------
Title: Vice President
DRESDNER BANK AG, NEW YORK AND
GRAND CAYMAN BRANCHES
_____________
Bank of New York – TABLE}
{CAPTION}
Bank Term Loan Commitment Revolving Loan Commitment
---- -------------------- -------------------------
{S} {C} {C}
The Chase Manhattan Bank $ 21,875,000 3,125,000
The Bank of New York 17,500,000 2,500,000
Dresdner Bank AG, New York and Grand 17,500,000 2,500,000
Cayman Branches
Fleet
_____________
Bank of New York – One Chase Manhattan Plaza
New York, New York 10081
Tel: (212) (212) 552-7942
Fax: (212) (212) 552-7490
Attention: Eleanor Fiore
The Bank of New York One Wall Street
New York, New York 10286
Tel: (212) 635-6407
Fax: (212) 809-9520
Attention: Benjamin L. Balkind
Dresdner Bank
_____________
dt 236287
;
|
Chase Manhattan
As referenced in this Credit Agreement:
CHASE MANHATTAN BANK, – y46661ex99-c.txt
{DESCRIPTION}CREDIT AGREEMENT
{TEXT}
{PAGE} 1
EXHIBIT C
================================================================================
CREDIT AGREEMENT
among
UNIVERSAL AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC.,
as Lead Arranger and Book Manager
THE
_____________
CHASE MANHATTAN BANK, – the "Borrower"), the lending
institutions listed from time to time on Annex I hereto (each a "Bank" and,
collectively, the "Banks"), and THE CHASE MANHATTAN BANK, as Administrative
Agent (the "Administrative Agent"). Unless otherwise defined herein, all
capitalized terms used herein and defined in Section 9 are used
_____________
Chase Manhattan Bank. – or (e) a majority of the Board of Directors of the
Borrower shall cease to consist of Continuing Directors.
"Chase" shall mean The Chase Manhattan Bank.
"Code" shall mean the Internal Revenue Code of 1986, as
amended from time to time, and the regulations promulgated and rulings issued
_____________
CHASE MANHATTAN BANK, – 1068
Tel: (914) 934-8700
Fax: (914) 934-0700
Attention: Richard A. Barasch By /s/ Richard A. Barasch
--------------------------------------
Title: Chairman and CEO
THE CHASE MANHATTAN BANK,
Individually and as Administrative
Agent
By /s/ Helen L. Newcomb
--------------------------------------
Title: Vice President
THE BANK OF NEW YORK,
Individually and as Syndication
_____________
Chase Manhattan Bank – Officer
{PAGE} 85
ANNEX I
LIST OF BANKS AND COMMITMENTS
{TABLE}
{CAPTION}
Bank Term Loan Commitment Revolving Loan Commitment
---- -------------------- -------------------------
{S} {C} {C}
The Chase Manhattan Bank $ 21,875,000 3,125,000
The Bank of New York 17,500,000 2,500,000
Dresdner Bank AG, New York
_____________
dt 245561
;
Chase Securities
As referenced in this Credit Agreement:
CHASE SECURITIES INC – AMERICAN FINANCIAL CORP.,
VARIOUS LENDING INSTITUTIONS,
and
THE CHASE MANHATTAN BANK,
as Administrative Agent
-----------------------------
Dated as of July 30, 1999
-----------------------------
$80,000,000
================================================================================
CHASE SECURITIES INC .,
as Lead Arranger and Book Manager
THE BANK OF NEW YORK,
as Syndication Agent
DRESDNER BANK AG, NEW YORK
AND GRAND CAYMAN
_____________
dt 243469
;
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