exhibit10g-2






SEVENTH AMENDMENT TO REVOLVING CREDIT AGREEMENT  THIS SEVENTH AMENDMENT TO REVOLVING CREDIT AGREEMENT, dated as  of March 9, 2021 (this “Amendment”), to the Existing Credit Agreement (as defined below) is  made by PPL CAPITAL FUNDING, INC., a Delaware corporation (the “Borrower”), PPL  CORPORATION, a Pennsylvania corporation (the “Guarantor”), and each Lender (such  capitalized term and other capitalized terms used in this preamble and the recitals below to have  the meanings set forth in, or are defined by reference in, Article I below).  W I T N E S S E T H:  WHEREAS, the Borrower, the Guarantor, the Lenders, and The Bank of Nova Scotia, as  the Administrative Agent, are all parties to the Revolving Credit Agreement, dated as of March  26, 2014 (as amended or otherwise modified prior to the date hereof, the “Existing Credit  Agreement”, and as amended by this Amendment and as the same may be further amended,  supplemented, amended and restated or otherwise modified from time to time, the “Credit  Agreement”); and  WHEREAS, the Borrower has requested that the Lenders amend the Existing Credit  Agreement in order to extend the maturity date therein and the Lenders are willing to modify the  Existing Credit Agreement on the terms and subject to the conditions hereinafter set forth;  NOW, THEREFORE, the parties hereto hereby covenant and agree as follows:  ARTICLE I  DEFINITIONS  SECTION 1.1.  Certain Definitions.  The following terms when used in this  Amendment shall have the following meanings (such meanings to be equally applicable to the  singular and plural forms thereof):  “Amendment” is defined in the preamble.  “Borrower” is defined in the preamble.  “Credit Agreement” is defined in the first recital.   “Existing Credit Agreement” is defined in the first recital.  “Guarantor” is defined in the preamble.  SECTION 1.2.  Other Definitions.  Terms for which meanings are provided in the  Existing Revolving Credit Agreement are, unless otherwise defined herein or the context  otherwise requires, used in this Amendment with such meanings.  AmericasActive:15440024.5  Exhibit 10(g)-2  Execution Version  





 






2    ARTICLE II  AMENDMENTS TO THE EXISTING CREDIT AGREEMENT    Effective as of the date hereof, but subject to the satisfaction of the conditions in Article  III,   (a) Section 1.01 of the Existing Credit Agreement is hereby amended by  amending and restating the following definition in its entirety as follows:  ““Termination Date” means the earliest to occur of (i) March 9, 2022 and (ii) such  earlier date upon which all Commitments shall have been terminated in their entirety in  accordance with this Agreement.”  (b) Sections 5.04(a), 5.04(c), 5.05 and 5.13 of the Existing Credit Agreement  are hereby amended by replacing references to “December 31, 2019” with “December 31,  2020”.   ARTICLE III  CONDITIONS TO EFFECTIVENESS  This Amendment and the amendments contained herein shall become effective as of the  date hereof when each of the conditions set forth in this Article III shall have been fulfilled to the  satisfaction of the Administrative Agent.  SECTION 3.1.  Counterparts.  The Administrative Agent shall have received  counterparts hereof executed on behalf of the Borrower, the Guarantor and the each of the  Lenders.  SECTION 3.2.  Costs and Expenses, etc.  The Administrative Agent shall have received  for the account of each Lender, all fees, costs and expenses due and payable pursuant to Section  9.03 of the Credit Agreement, if then invoiced.  SECTION 3.3.  Resolutions, etc.  The Administrative Agent shall have received from  the Borrower and the Guarantor (i) a copy of a good standing certificate for such Loan Party,  dated a date reasonably close to the date hereof and (ii) a certificate, dated as of the date hereof,  of a Secretary or an Assistant Secretary of each Loan Party certifying (a) that attached thereto is  a true, correct and complete copy of (x) the articles or certificate of incorporation of such Loan  Party certified by the Secretary of State (or equivalent body) of the jurisdiction of incorporation  of such Loan Party and (y) the bylaws of such Loan Party, and (b) that attached thereto is a true,  correct and complete copy of resolutions adopted by the board of directors of such Loan Party  authorizing the execution, delivery and performance of this Amendment and each other  document delivered in connection herewith and that such resolutions have not been amended  and are in full force.  SECTION 3.4.  Opinion of Counsel.  The Administrative Agent shall have received an  opinion, dated the date hereof and addressed to the Administrative Agent and all Lenders, from  counsel to the Borrower, in form and substance satisfactory to the Administrative Agent.  





 






3    SECTION 3.5.  Satisfactory Legal Form.  The Administrative Agent and its counsel shall  have received all information, and such counterpart originals or such certified or other copies of  such materials, as the Administrative Agent or its counsel may reasonably request, and all legal  matters incident to the effectiveness of this Amendment shall be satisfactory to the  Administrative Agent and its counsel.  All documents executed or submitted pursuant hereto or  in connection herewith shall be reasonably satisfactory in form and substance to the  Administrative Agent and its counsel.  ARTICLE IV  MISCELLANEOUS  SECTION 4.1.  Cross-References.  References in this Amendment to any Article or  Section are, unless otherwise specified, to such Article or Section of this Amendment.  SECTION 4.2.  Loan Document Pursuant to Existing Credit Agreement.  This  Amendment is a Loan Document executed pursuant to the Existing Credit Agreement and shall  (unless otherwise expressly indicated therein) be construed, administered and applied in  accordance with all of the terms and provisions of the Existing Credit Agreement, as amended  hereby, including Article IX thereof.  SECTION 4.3.  Successors and Assigns.  This Amendment shall be binding upon and  inure to the benefit of the parties hereto and their respective successors and assigns.  SECTION 4.4.  Counterparts.  This Amendment may be executed by the parties hereto  in several counterparts, each of which when executed and delivered shall be an original and all  of which shall constitute together but one and the same agreement.  Delivery of an executed  counterpart of a signature page to this Amendment by facsimile or in electronic (i.e., “pdf” or  “tif”) format shall be effective as delivery of a manually executed counterpart of this   Amendment. The words “execution,” “signed,” “signature,” and words of similar import in this  Amendment or any notice, certificate, document, agreement or instrument in respect thereof  shall be deemed to include electronic or digital signatures or the keeping of records in  electronic form, each of which shall be of the same effect, validity and enforceability as  manually executed signatures or a paper-based recordkeeping system, as the case may be, to the  extent and as provided for under applicable law, including the Electronic Signatures in Global  and National Commerce Act of 2000, the Electronic Signatures and Records Act of 1999, or  any other similar state Laws based on the Uniform Electronic Transactions Act.  SECTION 4.5.  Governing Law.  THIS AMENDMENT WILL BE DEEMED TO BE A  CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE  STATE OF NEW YORK (INCLUDING FOR SUCH PURPOSE SECTIONS 5-1401 AND  5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK).  SECTION 4.6.  Full Force and Effect; Limited Amendment.  Except as expressly  amended hereby, all of the representations, warranties, terms, covenants, conditions and other  provisions of the Existing Credit Agreement and the Loan Documents shall remain unchanged  and shall continue to be, and shall remain, in full force and effect in accordance with their  respective terms.  The amendments set forth herein shall be limited precisely as provided for  





 






4    herein to the provisions expressly amended herein and shall not be deemed to be an amendment  to, waiver of, consent to or modification of any other term or provision of the Existing Credit  Agreement or any other Loan Document or of any transaction or further or future action on the  part of any Obligor which would require the consent of the Lenders under the Existing Credit  Agreement or any of the Loan Documents.  SECTION 4.7.  Representations and Warranties.  In order to induce the Lenders to  execute and deliver this Amendment, the Borrower and Guarantor each hereby represents and  warrants to the Lenders, on the date this Amendment becomes effective pursuant to Article III,  that both before and after giving effect to this Amendment, all representations and warranties  set forth in Article V of the Credit Agreement are true and correct as of such date, except to the  extent that any such statement expressly relates to an earlier date (in which case such statement  was true and correct on and as of such earlier date).    [Signature page follows] 





 






Seventh Amendment to Revolving Credit Agreement  





 






Seventh Amendment to Revolving Credit Agreement THE BANK OF NOVA SCOTIA, as the  Administrative Agent and as a Lender By:__________________________  Name: David Dewar   Title: Director