Document:

Exhibit 10.1

 

 

CREDIT AGREEMENT

 

dated as of September 21, 2007,

 

among

 

SPX CORPORATION,

 

The Foreign Subsidiary Borrowers Party Hereto,

 

The Lenders Party Hereto,

 

BANK OF AMERICA, N.A.,

as Administrative Agent,

 

DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH,

as Foreign Trade Facility Agent,

 

JPMORGAN CHASE BANK, N.A,

as Syndication Agent

 

and

 

CITIBANK, N.A.

and

THE BANK OF NOVA SCOTIA,

as Co-Documentation Agents

 

 

BANC OF AMERICA SECURITIES LLC,

and

DEUTSCHE
BANK AG DEUTSCHLANDGESCHÄFT BRANCH,

as Joint Lead Arrangers

 

BANC OF AMERICA SECURITIES LLC,

DEUTSCHE
BANK AG DEUTSCHLANDGESCHÄFT BRANCH,

and

J.P. MORGAN SECURITIES INC.,

as Joint Book Managers

 

 

i

 

TABLE OF CONTENTS

 

	
  ARTICLE I DEFINITIONS

  	
  1

  
	
  Section 1.1.

  	
  Defined Terms

  	
  1

  
	
  Section 1.2.

  	
  Classification of Loans and Borrowings

  	
  30

  
	
  Section 1.3.

  	
  Terms Generally

  	
  30

  
	
  Section 1.4.

  	
  Accounting Terms; GAAP

  	
  31

  
	
  Section 1.5.

  	
  Exchange Rates

  	
  31

  
	
  Section 1.6.

  	
  Currency Conversion

  	
  31

  
	
  Section 1.7.

  	
  Times of Day

  	
  32

  
	
  Section 1.8.

  	
  Face Amount

  	
  32

  
	
  ARTICLE II THE
  CREDITS

  	
  32

  
	
  Section 2.1.

  	
  Commitments; Incremental Facilities

  	
  32

  
	
  Section 2.2.

  	
  Loans and Borrowings

  	
  33

  
	
  Section 2.3.

  	
  Requests for Borrowings

  	
  34

  
	
  Section 2.4.

  	
  Swingline Loans

  	
  35

  
	
  Section 2.5.

  	
  Letters of Credit

  	
  36

  
	
  Section 2.6.

  	
  Foreign Credit Instruments

  	
  41

  
	
  Section 2.7.

  	
  Funding of Borrowings

  	
  59

  
	
  Section 2.8.

  	
  Interest Elections

  	
  59

  
	
  Section 2.9.

  	
  Termination and Reduction of Commitments

  	
  61

  
	
  Section 2.10.

  	
  Evidence of Debt

  	
  61

  
	
  Section 2.11.

  	
  Repayment of Loans

  	
  62

  
	
  Section 2.12.

  	
  Prepayment of Loans

  	
  63

  
	
  Section 2.13.

  	
  Certain Payment Application Matters

  	
  64

  
	
  Section 2.14.

  	
  Fees

  	
  65

  
	
  Section 2.15.

  	
  Interest

  	
  66

  
	
  Section 2.16.

  	
  Alternate Rate of Interest

  	
  67

  
	
  Section 2.17.

  	
  Increased Costs

  	
  68

  
	
  Section 2.18.

  	
  Break Funding Payments

  	
  69

  
	
  Section 2.19.

  	
  Taxes

  	
  69

  
	
  Section 2.20.

  	
  Payments Generally; Pro Rata Treatment; Sharing of
  Set-offs

  	
  72

  
	
  Section 2.21.

  	
  Mitigation Obligations; Replacement of Lenders

  	
  73

  
	
  Section 2.22.

  	
  Change in Law

  	
  74

  
	
  Section 2.23.

  	
  Foreign Subsidiary Borrowers

  	
  75

  
	
  ARTICLE III REPRESENTATIONS
  AND WARRANTIES

  	
  76

  
	
  Section 3.1.

  	
  Organization; Powers

  	
  76

  
	
  Section 3.2.

  	
  Authorization; Enforceability

  	
  76

  
	
  Section 3.3.

  	
  Governmental Approvals; No Conflicts

  	
  76

  
	
  Section 3.4.

  	
  Financial Condition; No Material Adverse Change

  	
  77

  
	
  Section 3.5.

  	
  Properties

  	
  77

  
	
  Section 3.6.

  	
  Litigation and Environmental Matters

  	
  77

  
	
  Section 3.7.

  	
  Compliance with Laws and Agreements

  	
  78

  
	
  Section 3.8.

  	
  Investment Company Status

  	
  78

  
	
  Section 3.9.

  	
  Taxes

  	
  78

  
	
  Section 3.10.

  	
  ERISA

  	
  78

  

 

ii

 

	
  Section 3.11.

  	
  Disclosure

  	
  78

  
	
  Section 3.12.

  	
  Subsidiaries

  	
  79

  
	
  Section 3.13.

  	
  Labor Matters

  	
  79

  
	
  Section 3.14.

  	
  Solvency

  	
  79

  
	
  Section 3.15.

  	
  Senior Indebtedness

  	
  79

  
	
  Section 3.16.

  	
  Security Documents

  	
  79

  
	
  ARTICLE IV CONDITIONS

  	
  80

  
	
  Section 4.1.

  	
  Effective Date

  	
  80

  
	
  Section 4.2.

  	
  Each Credit Event

  	
  81

  
	
  ARTICLE V AFFIRMATIVE
  COVENANTS

  	
  82

  
	
  Section 5.1.

  	
  Financial Statements and Other Information

  	
  82

  
	
  Section 5.2.

  	
  Notices of Material Events

  	
  84

  
	
  Section 5.3.

  	
  Information Regarding Collateral

  	
  84

  
	
  Section 5.4.

  	
  Existence; Conduct of Business

  	
  85

  
	
  Section 5.5.

  	
  Payment of Obligations

  	
  85

  
	
  Section 5.6.

  	
  Maintenance of Properties

  	
  85

  
	
  Section 5.7.

  	
  Insurance

  	
  85

  
	
  Section 5.8.

  	
  Books and Records; Inspection and Audit Rights

  	
  85

  
	
  Section 5.9.

  	
  Compliance with Laws and Contractual Obligations

  	
  86

  
	
  Section 5.10.

  	
  Use of Proceeds and Letters of Credit and Foreign
  Credit Instruments

  	
  86

  
	
  Section 5.11.

  	
  Additional Collateral

  	
  86

  
	
  Section 5.12.

  	
  Further Assurances

  	
  88

  
	
  Section 5.13.

  	
  Post-Closing Obligations

  	
  88

  
	
  ARTICLE VI
  NEGATIVE COVENANTS

  	
  88

  
	
  Section 6.1.

  	
  Financial Condition Covenants

  	
  88

  
	
  Section 6.2.

  	
  Indebtedness

  	
  89

  
	
  Section 6.3.

  	
  Liens

  	
  91

  
	
  Section 6.4.

  	
  Fundamental Changes

  	
  93

  
	
  Section 6.5.

  	
  Investments, Loans, Advances, Guarantees and
  Acquisitions

  	
  94

  
	
  Section 6.6.

  	
  Disposition of Assets

  	
  96

  
	
  Section 6.7.

  	
  Sale and Leaseback Transactions

  	
  97

  
	
  Section 6.8.

  	
  Restricted Payments

  	
  97

  
	
  Section 6.9.

  	
  Payments of Certain Indebtedness; Certain Derivative
  Transactions.

  	
  98

  
	
  Section 6.10.

  	
  Transactions with Affiliates

  	
  99

  
	
  Section 6.11.

  	
  Restrictive Agreements

  	
  99

  
	
  Section 6.12.

  	
  Amendment of Material Documents, etc

  	
  100

  
	
  ARTICLE VII
  EVENTS OF DEFAULT

  	
  101

  
	
  ARTICLE VIII THE
  AGENTS

  	
  103

  
	
  Section 8.1.

  	
  Appointment and Authority

  	
  103

  
	
  Section 8.2.

  	
  Rights as a Lender

  	
  104

  
	
  Section 8.3.

  	
  Exculpatory Provisions

  	
  104

  
	
  Section 8.4.

  	
  Reliance by the Agents

  	
  105

  
	
  Section 8.5.

  	
  Delegation of Duties

  	
  105

  
	
  Section 8.6.

  	
  Resignation of Agents

  	
  106

  
	
  Section 8.7.

  	
  Non-Reliance on Agents and Other Lenders

  	
  107

  
	
  Section 8.8.

  	
  No Other Duties; Etc

  	
  107

  

 

iii

 

	
  Section 8.9.

  	
  Administrative Agent May File Proofs of Claim

  	
  108

  
	
  Section 8.10.

  	
  Collateral and Guaranty Matters

  	
  108

  
	
  ARTICLE IX
  MISCELLANEOUS

  	
  109

  
	
  Section 9.1.

  	
  Notices

  	
  109

  
	
  Section 9.2.

  	
  Waivers; Amendments

  	
  110

  
	
  Section 9.3.

  	
  Expenses; Indemnity; Damage Waiver

  	
  113

  
	
  Section 9.4.

  	
  Successors and Assigns; Participations and
  Assignments

  	
  114

  
	
  Section 9.5.

  	
  Survival

  	
  119

  
	
  Section 9.6.

  	
  Counterparts; Integration

  	
  119

  
	
  Section 9.7.

  	
  Severability

  	
  119

  
	
  Section 9.8.

  	
  Right of Setoff

  	
  119

  
	
  Section 9.9.

  	
  Governing Law; Jurisdiction; Consent to Service of
  Process

  	
  120

  
	
  Section 9.10.

  	
  Headings

  	
  120

  
	
  Section 9.11.

  	
  Confidentiality

  	
  120

  
	
  Section 9.12.

  	
  WAIVER OF JURY TRIAL

  	
  121

  
	
  Section 9.13.

  	
  Release of Collateral.

  	
  121

  
	
  Section 9.14.

  	
  Judgment Currency

  	
  122

  
	
  Section 9.15.

  	
  USA Patriot Act Notice

  	
  123

  
	
  Section 9.16.

  	
  No Advisory or Fiduciary Responsibility

  	
  123

  
	
  Section 9.17.

  	
  Waiver of Notice of Termination

  	
  123

  

 

iv

 

SCHEDULES:

 

	
  1.1A

  	
   

  	
  Commitments

  
	
  1.1B

  	
   

  	
  Material Subsidiaries

  
	
  1.1C

  	
   

  	
  Foreign Credit Instrument Requirements

  
	
  1.1D

  	
   

  	
  Additional Currencies

  
	
  2.5

  	
   

  	
  Existing Letters of Credit

  
	
  2.6(a)

  	
   

  	
  Existing Foreign Credit Instruments

  
	
  2.6(g)

  	
   

  	
  Obligations of Foreign Issuing Lenders

  
	
  2.6(k)

  	
   

  	
  Procedures for Release of Foreign Credit Instruments

  
	
  2.6(m)

  	
   

  	
  Form of Agreement for Joint Signature Foreign
  Credit Instruments

  
	
  2.6(r)

  	
   

  	
  Reports

  
	
  2.23

  	
   

  	
  Foreign Subsidiary Borrowers

  
	
  3.4

  	
   

  	
  Disclosed Matters

  
	
  3.12

  	
   

  	
  Subsidiaries

  
	
  3.16

  	
   

  	
  UCC Filing Jurisdictions

  
	
  6.2

  	
   

  	
  Existing Indebtedness

  
	
  6.3

  	
   

  	
  Existing Liens

  
	
  6.5

  	
   

  	
  Existing Investments

  
	
  6.11

  	
   

  	
  Existing Restrictions

  

 

EXHIBITS:

 

	
  A

  	
   

  	
  Form of Guarantee and Collateral Agreement

  
	
  B

  	
   

  	
  Form of Closing Certificate

  
	
  C

  	
   

  	
  Form of Assignment and Assumption

  
	
  D

  	
   

  	
  Form of Exemption Certificate

  
	
  E

  	
   

  	
  Form of Borrowing Subsidiary Agreement

  
	
  F

  	
   

  	
  Form of Borrowing Subsidiary Termination

  
	
  G

  	
   

  	
  Form of Incremental Facility Activation Notice

  
	
  H

  	
   

  	
  Form of New Lender Supplement

  
	
  I

  	
   

  	
  Form of Utilization Request

  
	
  J

  	
   

  	
  Form of Domestic Revolving Note

  
	
  K

  	
   

  	
  Form of Global Revolving Note

  
	
  L

  	
   

  	
  Form of Swingline Note

  
	
  M

  	
   

  	
  Form of Term Note

  
	
  N

  	
   

  	
  Form of Compliance Certificate

  
	
  O

  	
   

  	
  Form of Foreign Issuing Lender Joinder
  Agreement

  

 

v

 

CREDIT AGREEMENT

 

CREDIT
AGREEMENT, dated as of September 21, 2007, among SPX CORPORATION, a
Delaware corporation (the “Parent Borrower”), the Foreign Subsidiary
Borrowers (as hereinafter defined) party hereto, the Lenders party hereto,
DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH, as Foreign Trade Facility Agent,
and BANK OF AMERICA, N.A., as Administrative Agent.

 

The
parties hereto hereby agree as follows:

 

ARTICLE
I

 

DEFINITIONS

 

Section 1.1.            Defined Terms.

 

As
used in this Agreement, the following terms have the meanings specified below:

 

“ABR”:  when used in reference to any Loan or
Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing,
are bearing interest at a rate determined by reference to the Alternate Base
Rate.

 

“Act”:  as defined in Section 9.15.

 

“Additional
Commitment Lender”:  as defined in Section 2.6(b)(iii).

 

“Additional
Foreign Issuing Lender”:  as defined
in Section 2.6(b)(iv).

 

“Adjusted
LIBO Rate”:  with respect to any
Eurocurrency Borrowing for any Interest Period, an interest rate per annum
(rounded upwards, if necessary, to the next 1/100 of 1%) equal to (a) the
LIBO Rate for such Interest Period multiplied by (b) the LIBO Reserve
Percentage.

 

“Administrative
Agent”:  Bank of America, in its
capacity as administrative agent for the Lenders hereunder; it being understood
that matters concerning Foreign Credit Instruments will be administered by
Deutsche Bank (the “Foreign Trade Facility Agent”) and therefore all
notices concerning such Foreign Credit Instruments will be required to be given
at the Foreign Trade Administrative Office.

 

“Administrative
Agent’s Office”:  with respect to any
currency, the Administrative Agent’s address as set forth in Section 9.1(b) with
respect to such currency or such other address with respect to such currency as
the Administrative Agent may from time to time notify to the Parent Borrower
and the Lenders.

 

“Administrative
Questionnaire”:  an Administrative
Questionnaire in a form supplied by the Administrative Agent.

 

“Advance
Payment Guarantee”:  a customary
standby letter of credit or bank guarantee or surety issued by a Foreign
Issuing Lender in favor of customers of the Parent Borrower or any of its
Subsidiaries for the purpose of securing the obligation to refund advance payments
made by such customers in the case contractual obligations vis-à-vis
such customers are not fulfilled.

 

“Affiliate”:  as to any Person, any other Person that,
directly or indirectly, is in control of, is controlled by, or is under common
control with, such Person.  For purposes
of this definition, “control” of

 

 

a
Person means the power, directly or indirectly, either to (a) vote 10% or
more of the securities having ordinary voting power for the election of
directors (or persons performing similar functions) of such Person or (b) direct
or cause the direction of the management and policies of such Person, whether
by contract or otherwise.

 

“Agent
Parties”:  as defined in Section 9.1.

 

“Agents”:  the Administrative Agent and the Foreign
Trade Facility Agent, and “Agent” means any one of them.

 

“Agreement”:  this Credit Agreement.

 

“Alternate
Base Rate”:  for any day a
fluctuating rate per annum equal to the higher of (a) the Federal Funds
Effective Rate plus 0.50% and (b) the rate of interest in effect for
such day as publicly announced from time to time by Bank of America as its “prime
rate.”  The “prime rate” is a rate set by
Bank of America based upon various factors including Bank of America’s costs
and desired return, general economic conditions and other factors, and is used
as a reference point for pricing some loans, which may be priced at, above, or
below such announced rate.  Any change in
the “prime rate” announced by Bank of America shall take effect at the opening
of business on the day specified in the public announcement of such change.

 

“Alternative
Currency”:  each of Euro, Sterling,
each of the currencies of the countries specified on Schedule 1.1D and
any currency that is freely available, freely transferable and freely
convertible into Dollars and in which dealings in deposits are carried on in
the London interbank market; provided that such currency is reasonably
acceptable to the Administrative Agent and the applicable Issuing Lender.

 

“Alternative
Currency LC Exposure”:  at any time,
the sum of (a) the Dollar Equivalent of the aggregate outstanding amount
of obligations under all Alternative Currency Letters of Credit at such time
plus (b) the Dollar Equivalent of the aggregate principal amount of all LC
Disbursements in respect of Alternative Currency Letters of Credit that have
not yet been reimbursed at such time.

 

“Alternative
Currency Letter of Credit”:  a Letter
of Credit denominated in an Alternative Currency.

 

“Applicable
Percentage”:  with respect to any
Lender, (a) with respect to such Lender’s Domestic Revolving Commitment at
any time, the percentage of the total Domestic Revolving Commitments
represented by such Lender’s Domestic Revolving Commitment, (b) with
respect to such Lender’s Global Revolving Commitment at any time, the
percentage of the total Global Revolving Commitments represented by such Lender’s
Global Revolving Commitment and (c) with respect to such Lender’s Foreign
Credit Commitment at any time, the percentage of the total Foreign Credit
Commitments represented by such Lender’s Foreign Credit Commitment.  If (x) the Domestic Revolving
Commitments have terminated or expired, the Applicable Percentages shall be
determined based upon the Domestic Revolving Commitments most recently in
effect, giving effect to any assignments, (y) the Global Revolving
Commitments have terminated or expired, the Applicable Percentages shall be
determined based upon the Global Revolving Commitments most recently in effect,
giving effect to any assignments or (z) the Foreign Credit Commitments
have terminated or expired, the Applicable Percentages shall be determined
based upon the Foreign Credit Commitments most recently in effect, giving
effect to any assignments.

 

“Applicable
Rate”:  (a) with respect to any
Loans (other than Incremental Term Loans), Domestic Revolving Commitment Fees,
Global Revolving Commitment Fees, Letter of Credit Fees, Foreign Credit

 

2

 

Instrument
Fees and Foreign Credit Commitment Fees for any day, the applicable rate per
annum set forth below in the applicable grid, based upon the Consolidated
Leverage Ratio as of the most recent Determination Date:

 

	
  Pricing

  Tier

  	
   

  	
  Consolidated

  Leverage

  Ratio

  	
   

  	
  Domestic

  Revolving

  Commitment

  Fee

  	
   

  	
  Global

  Revolving

  Commitment

  Fee

  	
   

  	
  Letter of

  Credit

  Fee

  	
   

  	
  Foreign

  Credit

  Commitment

  Fee

  	
   

  	
  Foreign

  Credit

  Instrument

  Fee

  	
   

  	
  LIBO Rate

  Loans

  	
   

  	
  ABR Loans

  	
   

  
	
  1

  	
   

  	
  <
  1.0 to 1.0

  	
   

  	
  0.175

  	
  %

  	
  0.175

  	
  %

  	
  0.875

  	
  %

  	
  0.175

  	
  %

  	
  0.65625

  	
  %

  	
  0.875

  	
  %

  	
  0.00

  	
  %

  
	
  2

  	
   

  	
  > 1.0 to 1.0 but < 1.5 to 1.0

  	
   

  	
  0.20

  	
  %

  	
  0.20

  	
  %

  	
  1.00

  	
  %

  	
  0.20

  	
  %

  	
  0.75

  	
  %

  	
  1.00

  	
  %

  	
  0.00

  	
  %

  
	
  3

  	
   

  	
  > 1.5 to 1.0 but < 2.0 to 1.0

  	
   

  	
  0.25

  	
  %

  	
  0.25

  	
  %

  	
  1.25

  	
  %

  	
  0.25

  	
  %

  	
  0.9375

  	
  %

  	
  1.25

  	
  %

  	
  0.25

  	
  %

  
	
  4

  	
   

  	
  > 2.0 to 1.0 but < 3.0 to 1.0

  	
   

  	
  0.30

  	
  %

  	
  0.30

  	
  %

  	
  1.50

  	
  %

  	
  0.30

  	
  %

  	
  1.125

  	
  %

  	
  1.50

  	
  %

  	
  0.50

  	
  %

  
	
  5

  	
   

  	
  > 3.0 to 1.0

  	
   

  	
  0.35

  	
  %

  	
  0.35

  	
  %

  	
  1.75

  	
  %

  	
  0.35

  	
  %

  	
  1.3125

  	
  %

  	
  1.75

  	
  %

  	
  0.75

  	
  %

  

 

and
(b) for Incremental Term Loans, such per annum rates as shall be agreed to
by the Parent Borrower and the applicable Incremental Term Lenders as shown in
the applicable Incremental Facility Activation Notice; provided that, at
the time of the making of any Incremental Term Loans, the Applicable Rate for
the other Term Loans shall automatically be increased if and to the extent
required by Section 2.1(b).

 

For
purposes of the foregoing, (a) the Consolidated Leverage Ratio shall be
determined as of the end of each fiscal quarter of the Parent Borrower’s fiscal
year based upon the Parent Borrower’s consolidated financial statements
delivered pursuant to Section 5.1(a) or (b), and (b) each
change in the Applicable Rate resulting from a change in the Consolidated
Leverage Ratio shall be effective during the period commencing on and including
the date of delivery to the Administrative Agent of such consolidated financial
statements indicating such change and ending on the date immediately preceding
the effective date of the next such change; provided that (i) Pricing
Tier 5 shall apply at any time that an Event of Default has occurred and is
continuing or (ii) at the option of the Administrative Agent or at the
request of the Required Lenders, if a Compliance Certificate is not delivered
when due in accordance with Section 5.1(a) or (b),
Pricing Tier 5 shall apply as of the first Business Day after the date on which
such Compliance Certificate was required to have been delivered and shall
continue to apply until the first Business Day immediately following the date a
Compliance Certificate is delivered in accordance with Section 5.1(a) or
(b), whereupon the Applicable Rate shall be adjusted based upon the
calculation of the Consolidated Leverage Ratio contained in such Compliance
Certificate.  The Applicable Rate in
effect from the Effective Date through the first Business Day immediately
following the date a Compliance Certificate is required to be delivered
pursuant to Section 5.1(b) for the fiscal quarter ending September 30,
2007 shall be determined based upon Pricing Tier 2.  Notwithstanding anything to the contrary
contained in this definition, the determination of the Applicable Rate for any
period shall be subject to the provisions of Section 2.15(f).

 

“Applicable
Time”:  with respect to any
borrowings and payments in any Qualified Global Currency, the local time in the
place of settlement for such Alternative Currency as may be determined by the
Administrative Agent to be necessary for timely settlement on the relevant date
in accordance with normal banking procedures in the place of payment.

 

3

 

“Approved
Fund”:  any Fund that is administered
or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an
entity or an Affiliate of an entity that administers or manages a Lender.

 

“Asset
Swap”:  the exchange by the Parent
Borrower or a Subsidiary of any portion of its assets for other assets which,
or Capital Stock of a Person all or substantially all of the assets of which,
are of a type used in the business of the Parent Borrower or in a related
business, or a combination of any such assets or Capital Stock of such a Person
and cash or Permitted Investments; provided that in the case of any such
exchange involving the exchange of assets having an aggregate fair market value
in excess of $100,000,000, either (a) the board of directors of the Parent
Borrower or (b) the chief financial officer of the Parent Borrower shall
have determined in good faith that the aggregate fair market value of the
assets and other consideration received in connection therewith shall at least
equal the aggregate fair market value of the assets so exchanged.

 

“Assignee
Group”:  two or more Eligible
Assignees that are Affiliates of one another or two or more Approved Funds
managed by the same investment advisor.

 

“Assignment
and Assumption”: an assignment and assumption entered into by a Lender and
an Eligible Assignee (with the consent of any party whose consent is required
by Section 9.4(b)), and accepted by the Administrative Agent, in
substantially the form of Exhibit C or any other form approved by
the Administrative Agent.

 

“Attributable
Debt”:  in respect of a
Sale/Leaseback Transaction, as at the time of determination, the present value
(discounted at the interest rate assumed in making calculations in accordance
with FAS 13) of the total obligations of the Parent Borrower or the relevant
Subsidiary, as lessee, for rental payments during the remaining term of the
lease included in such Sale/Leaseback Transaction (including any period for
which such lease has been extended).

 

“Bank of America”:  Bank of America, N.A. and its successors.

 

“BAS”: 
Banc of America Securities LLC, in its capacity as joint lead arranger
and joint book manager.

 

“Board”:  the Board of Governors of the Federal Reserve
System of the United States of America.

 

“Borrower Materials”: as defined in Section 5.1.

 

“Borrowers”:  the collective reference to the Parent
Borrower and the Foreign Subsidiary Borrowers.

 

“Borrowing”:  (a) Loans of the same Class and
Type, made, converted or continued on the same date and, in the case of
Eurocurrency Loans, as to which a single Interest Period is in effect, or (b) a
Swingline Loan.

 

“Borrowing
Request”:  a request by the relevant
Borrower for a Borrowing in accordance with Section 2.3.

 

“Borrowing
Subsidiary Agreement”:  a Borrowing
Subsidiary Agreement, substantially in the form of Exhibit E.

 

4

 

“Borrowing
Subsidiary Termination”:  a Borrowing
Subsidiary Termination, substantially in the form of Exhibit F.

 

“Business
Day”:  any day that is not a
Saturday, Sunday or other day on which commercial banks in New York City or
(except in the case of Dollar-denominated Loans) London are authorized or
required by law to remain closed; provided that (a) with respect to
any borrowings, disbursements and payments in respect of and calculations,
interest rates and Interest Periods pertaining to Eurocurrency Loans, such day
is also a day on which banks are open for general business in the principal
financial center of the country of the relevant currency, (b) with respect
to notices and determinations in connection with, and payments of principal and
interest on, Loans denominated in Euros, such day is also a day on which the
Trans-European Automated Real-Time Gross Settlement Express Transfer System
(TARGET) (or, if such clearing system ceases to be operative, such other
clearing system (if any) determined by the Administrative Agent to be a suitable
replacement) is open for settlement of payment in Euros, (c) with respect
to the issuance of any Foreign Credit Instrument by a Foreign Issuing Lender,
such day is also a day on which banks are open for general business at the
Foreign Trade Administrative Office and the Lending Office of such Foreign
Issuing Lender, (d) with respect to any Utilization Reduction Notice given
by a Foreign Issuing Lender, such day is also a day on which banks are open for
general business at the Lending Office of such Foreign Issuing Lender, (e) with
respect to any calculation of the Dollar Equivalent pursuant to Section 2.6(n),
the distribution of reports pursuant to Section 2.6(r) and the
determination of a Rebasing Date, such day is also a day on which banks are
open for general business at the Foreign Trade Administrative Office and (f) in
all other cases with respect to the Foreign Trade Facility, such day is also a
day on which banks are open for general business in Düsseldorf.

 

“Calculation
Date”:  two Business Days prior to
the last Business Day of each calendar quarter; provided that each date
that is on or about the date of any borrowing request or rollover request with
respect to any Qualified Global Currency Loan or of any issuance or maturity
extension of a Letter of Credit denominated in an Alternative Currency shall
also be a “Calculation Date” with respect to the relevant Qualified Global
Currency or Alternative Currency, as the case may be.

 

“Capital
Lease Obligations”:  with respect to
any Person, the obligations of such Person to pay rent or other amounts under
any lease of (or other arrangement conveying the right to use) real or personal
property, or a combination thereof, which obligations are required to be
classified and accounted for as capital leases on a balance sheet of such
Person under GAAP, and the amount of such obligations shall be the capitalized
amount thereof determined in accordance with GAAP.

 

“Capital
Stock”:  shares of capital stock,
partnership interests, membership interests in a limited liability company,
beneficial interests in a trust or other equity ownership interests in a
Person.

 

“Cash
Cover”:  as defined in Section 2.6(o)(iv).

 

“Change
in Law”:  (a) the adoption of
any law, rule or regulation after the date of this Agreement, (b) any
change in any law, rule or regulation or in the interpretation or
application thereof by any Governmental Authority after the date of this
Agreement or (c) compliance by any Lender, Issuing Lender or Foreign
Issuing Lender (or, for purposes of Section 2.17(b), by any lending
office of such Lender, Issuing Lender or Foreign Issuing Lender or by such
Person’s holding company, if any) with any request, guideline or directive
(whether or not having the force of law) of any Governmental Authority made or
issued after the date of this Agreement.

 

“Change
of Control”:  (a) the
acquisition of ownership, directly or indirectly, beneficially, by any “person”
or “group” (within the meaning of the Securities Exchange Act of 1934 and the rules of
the Securities and Exchange Commission thereunder as in effect on the date
hereof) of Capital Stock

 

5

 

representing
more than 35% of either the aggregate ordinary voting power or the aggregate
equity value represented by the issued and outstanding Capital Stock of the
Parent Borrower; (b) occupation of a majority of the seats (other than
vacant seats) on the board of directors of the Parent Borrower by Persons who
were neither (i) nominated by the board of directors of the Parent
Borrower nor (ii) appointed by directors so nominated; or (c) the
occurrence of a “Change of Control” (or any comparable concept) as defined in
any Subordinated Debt Documents or any Other Permitted Debt Documents.

 

“Chinese
Loan Facility”:  a working capital
facility provided to certain Chinese Subsidiaries of the Parent Borrower by one
or more lenders.

 

“Class”:  when used in reference to any Loan or
Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing,
are Domestic Revolving Loans, Global Revolving Loans, Initial Term Loans,
Incremental Term Loans or Swingline Loans and, when used in reference to any
Commitment, refers to whether such Commitment is a Domestic Revolving
Commitment, a Global Revolving Commitment, a Foreign Credit Instrument Issuing
Commitment, Foreign Credit Commitment or a Term Loan Commitment.

 

“Code”:  the Internal Revenue Code of 1986, as amended
from time to time.

 

“Collateral”:  all property of the Loan Parties, now owned
or hereafter acquired, upon which a Lien is purported to be created by any
Security Document.

 

“Collateral
Date”:  each date on which, pursuant
to Section 5.1, the Parent Borrower delivers annual financial
statements in respect of its fiscal year or quarterly financial statements in
respect of the second quarter of its fiscal year.

 

“Commercial
Lifetime”:  with respect to any
Foreign Credit Instrument that does not provide for a specific expiration date,
the period from the date of issuance thereof until the expected maturity of
such Foreign Credit Instrument as indicated by the relevant Borrower in its
reasonable discretion in the relevant Utilization Request determined on the
basis of the lifetime of the underlying obligations.

 

“Commitment”:  a Domestic Revolving Commitment, a Global
Revolving Commitment, a Term Loan Commitment, a Foreign Credit Instrument
Issuing Commitment, a Foreign Credit Commitment or any combination thereof (as
the context requires).

 

“Compliance Certificate”:  as defined in Section 5.1(c).

 

“Consideration”:  in connection with any acquisition or
Investment, the consideration paid by the Parent Borrower or any of its
Subsidiaries in connection therewith (including consideration in the form of
issuance of Capital Stock of the Parent Borrower or any Subsidiary and assumption
of Indebtedness but excluding, for the purposes of any calculation made
pursuant to Section 6.5, consideration in the form of issuance of
Capital Stock of the Parent Borrower).

 

“Consolidated
EBITDA”:  for any period,
Consolidated Net Income for such period plus, without duplication and to
the extent reflected as a charge in the statement of such Consolidated Net
Income for such period, the sum of (a) income tax expense, (b) interest
expense, amortization or write-off of debt discount and debt issuance costs and
commissions, discounts and other premiums, fees and charges associated with
Indebtedness or any Qualified Receivables Transaction, whether in connection
with the Incurrence, prepayment, redemption, termination or wind-down thereof
or otherwise associated with Indebtedness or any Qualified Receivables
Transaction (including the Loans, Foreign Credit Instruments, letters of
credit, bankers’ acceptances and net costs under Hedging Agreements), (c) depreciation
and

 

6

 

amortization
expense, (d) amortization or write-off of intangibles (including goodwill)
and organization costs, (e) any extraordinary or non-recurring non-cash
expenses or non-cash losses; provided that in the event that the Parent
Borrower or any Subsidiary makes any cash payment in respect of any such
extraordinary or non-recurring non-cash expense, such cash payment shall be
deducted from Consolidated EBITDA in the period in which such cash payment is
made, (f) losses on Dispositions of assets outside of the ordinary course
of business, (g) extraordinary or non-recurring cash charges resulting
from restructuring, severance, plant-closings, integration and other
non-recurring events; provided that the amounts referred to in this
clause (g) reported in any fiscal period ending after the Effective Date
shall not, in the aggregate during the term of this Agreement, exceed
$60,000,000 on an after-tax basis, and (h) non-cash compensation expenses,
or other non-cash expenses or charges, arising from the sale of stock, the
granting of stock options, the granting of stock appreciation rights and
similar arrangements (including any repricing, amendment, modification,
substitution or change of any such stock, stock option, stock appreciation
rights or similar arrangements), and minus, to the extent included in
the statement of such Consolidated Net Income for such period, (a) any
extraordinary or non-recurring non-cash income or non-cash gains and (b) gains
on Dispositions of assets outside of the ordinary course of business, all as
determined on a consolidated basis; provided that in determining
Consolidated EBITDA for such period, the cumulative effect of any change in
accounting principles (effected either through cumulative effect adjustment or
a retroactive application) shall be excluded. 
For the purposes of calculating Consolidated EBITDA for any period of
four consecutive fiscal quarters (each, a “Reference Period”) pursuant
to any determination of the Consolidated Leverage Ratio or the Consolidated
Interest Coverage Ratio, if during such Reference Period (or, in the case of pro
forma calculations, during the period from the last day of such
Reference Period to and including the date as of which such calculation is
made) the Parent Borrower or any Subsidiary shall have made a Material
Disposition or Material Acquisition, Consolidated EBITDA for such Reference
Period shall be calculated after giving pro  forma effect thereto
as if such Material Disposition or Material Acquisition occurred on the first
day of such Reference Period (with the Reference Period for the purposes of pro
forma calculations being the most recent period of four consecutive
fiscal quarters for which the relevant financial information is available),
without giving effect (unless permitted for pro  forma financial
statements prepared in accordance with Regulation S-X) to cost savings.  As used in this definition, “Material
Acquisition” means any acquisition of property or series of related
acquisitions of property that (a) constitutes all or substantially all of
the assets of a business, unit or division of a Person or constitutes all or
substantially all of the common stock (or equivalent) of a Person and (b) involves
Consideration in excess of $25,000,000; and “Material Disposition” means any
Disposition of property or series of related Dispositions of property that (a) involves
all or substantially all of the assets of a business, unit or division of a
Person or constitutes all or substantially all of the common stock (or equivalent)
of a Subsidiary and (b) yields gross proceeds to the Parent Borrower or
any of its Subsidiaries in excess of $25,000,000.

 

“Consolidated
Interest Coverage Ratio”:  for any
period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated
Interest Expense for such period.

 

“Consolidated
Interest Expense”:  for any period,
the sum of (a) total cash interest expense (including that attributable to
Capital Lease Obligations) of the Parent Borrower and its Subsidiaries for such
period with respect to all outstanding Indebtedness of the Parent Borrower and
its Subsidiaries (including all commissions, discounts and other fees and
charges owed with respect to Foreign Credit Instruments, letters of credit and
bankers’ acceptance financing and net cash costs or net cash income under
Hedging Agreements in respect of such Indebtedness to the extent such net cash
costs or net cash income, as the case may be, are allocable to such period in
accordance with GAAP), (b) total dividend payments made by the Parent
Borrower or any of its Subsidiaries to any Person (other than the Parent
Borrower or any Wholly Owned Subsidiary Guarantor) during such period in
respect of preferred Capital Stock and (c) to the extent not otherwise
included in “interest expense” (or any like caption) on a consolidated income
statement of the Parent Borrower and its Subsidiaries for such period, any
other

 

7

 

discounts,
fees and expenses comparable to or in the nature of interest under any
Qualified Receivables Transaction; provided that, notwithstanding the
foregoing, in no event shall any of the following constitute “Consolidated
Interest Expense”:  (i) premiums or
fees paid by the Parent Borrower or its Subsidiaries in connection with the
prepayment or redemption of Indebtedness or (ii) any net cash costs or any
net cash income, as the case may be, of the Parent Borrower or its Subsidiaries
in connection with termination or wind-down of any Hedging Agreement.

 

“Consolidated
Leverage Ratio”:  as at the last day
of any period, the ratio of (a) Consolidated Total Debt on such day to (b) Consolidated
EBITDA for such period.

 

“Consolidated
Net Income”:  for any period, the
consolidated net income (or loss) of the Parent Borrower and its Subsidiaries,
determined on a consolidated basis in accordance with GAAP; provided
that there shall be excluded (a) the income (or deficit) of any Person
accrued prior to the date it becomes a Subsidiary of the Parent Borrower or is
merged into or consolidated with the Parent Borrower or any of its Subsidiaries
and (b) the income (or deficit) of any Person (other than a Subsidiary of
the Parent Borrower) in which the Parent Borrower or any of its Subsidiaries
has an ownership interest, except to the extent that any such income is
actually received by the Parent Borrower or such Subsidiary in the form of
dividends or similar distributions; provided  further that, solely
for purposes of calculating Consolidated Net Income pursuant to clause
(e)(i)(B)(II) of Section 6.8, there shall be excluded (i) (A) any
gain or loss realized upon the sale or other disposition of any property, plant
or equipment of the Parent Borrower or its consolidated Subsidiaries (including
pursuant to any Sale/Leaseback Transaction) which is not sold or otherwise
Disposed of in the ordinary course of business, (B) any gain or loss
recorded in connection with the designation of a discontinued operation
(exclusive of its operating income or loss) and (C) any gain or loss
realized upon the sale or other disposition of any Capital Stock of any Person,
(ii) any extraordinary gain or loss, (iii) the cumulative effect of a
change in accounting principles (effected either through cumulative effect
adjustment or a retroactive application), (iv) any restructuring or
special charges appearing on the face of the statement of operations of the
Parent Borrower, (v) any non-cash compensation charges, or other non-cash
expenses or charges, arising from the grant of or issuance or repricing of
stock, stock options or other equity-based awards or any amendment,
modification, substitution or change of any such stock, stock options or other
equity-based awards and (vi) any increase in the cost of sales or other
write-offs or other increased costs resulting from purchase accounting in
relation to any acquisitions net of taxes.

 

“Consolidated
Total Debt”:  at any date, the sum of
(a) the aggregate principal amount of all Indebtedness of the Parent
Borrower and its Subsidiaries at such date (excluding the face amount of undrawn
letters of credit, whether or not issued under this Agreement, and other
Foreign Credit Instruments), determined on a consolidated basis in accordance
with GAAP, calculated net of the amount of cash and cash equivalents, in excess
of $50,000,000, that would (in conformity with GAAP) be set forth on a
consolidated balance sheet of the Parent Borrower and its Subsidiaries for such
date, provided that, for purposes of Section 6.8(e), “Consolidated
Total Debt” shall be calculated without netting such cash and cash equivalents,
plus (b) without duplication of amounts included in clause (a) above,
an amount equal to the aggregate amount of Receivables Transaction Attributed
Indebtedness associated with any Qualified Receivables Transaction which is
outstanding at such date.

 

“Contractual
Obligation”:  as to any Person, any
provision of any security issued by such Person or of any agreement, instrument
or other undertaking to which such Person is a party or by which it or any of
its property is bound.

 

“Control”:  the possession, directly or indirectly, of
the power to direct or cause the direction of the management or policies of a
Person, whether through the ability to exercise voting power, by contract or
otherwise.  “Controlling” and “Controlled”
have meanings correlative thereto.

 

8

 

“Counter-Guarantee”:  (a) a customary standby letter of
credit, bank guarantee or surety (each in compliance with the Mandatory
Requirements) issued by a Foreign Issuing Lender as credit support for an
Indirect Foreign Credit Instrument issued by an Indirect Foreign Issuing Lender
or (b) a customary standby letter of credit, bank guarantee or surety
(each in compliance with the Mandatory Requirements)  issued by a Foreign Issuing Lender as credit
support for a standby letter of credit, bank guarantee or surety issued by
another financial institution.

 

“Daily
Report”:  as defined in Section 2.6(r).

 

“DB
Direct Internet Agreement”:  the db
direct internet agreement, dated November 15, 2005, between the Parent
Borrower and the Foreign Trade Facility Agent regarding the use of the
db-direct internet communication facility, as such agreement may be amended,
modified or otherwise supplemented from time to time.

 

“Default”:  any event or condition which upon notice,
lapse of time or both would, unless cured or waived, become an Event of Default
(including, in any event, a “Default” under and as defined in the Senior Note
Indenture, any Subordinated Debt Documents or any Other Permitted Debt
Documents).

 

“Determination
Date”:  each date that is two
Business Days after any Calculation Date.

 

“Deutsche Bank”:  Deutsche Bank AG Deutschlandgeschäft Branch
and its successors.

 

“Deutsche
Bank Fee Letter”:  the letter
agreement, dated as of August 28, 2007 among the Parent Borrower, Deutsche
Bank and Deutsche Bank AG New York Branch, as amended.

 

“Disclosed
Matters”:  the matters disclosed in Schedule
3.4.

 

“Dispensable
Requirements”:  the requirements
under Part B of Schedule 1.1C.

 

“Disposition”:
 with respect to any property, any sale,
lease, sale and leaseback, assignment, conveyance, transfer or other
disposition thereof.  “Dispose”
and “Disposed of” have meanings correlative thereto.

 

“Dollar
Equivalent”:  on any date of
determination, (a) for the purposes of determining compliance with Article VI
or the existence of an Event of Default under Article VII (other
than for the purpose of determining amounts outstanding hereunder, in which
case clause (b) below shall govern), with respect to any amount
denominated in a currency other than Dollars, the equivalent in Dollars of such
amount, determined in good faith by the Parent Borrower in a manner consistent
with the way such amount is or would be reflected on the Parent Borrower’s
audited consolidated financial statements for the fiscal year in which such
determination is made, (b) with respect to any amount hereunder
denominated in an Alternative Currency or a Qualified Global Currency, the
amount of Dollars that may be purchased with such amount of such currency at
the Exchange Rate (determined as of the most recent Calculation Date by the
Administrative Agent) with respect to such currency, (c) with respect to
the amount of any Foreign Credit Disbursement denominated in a Permitted
Currency or in another currency permitted under Section 2.6(g)(vii),
the amount of Dollars that are required to purchase such amount of such
currency at the Exchange Rate (determined by the applicable Foreign Issuing
Lender) with respect to such currency, and (d) with respect to any
calculation hereunder by the Foreign Trade Facility Agent of the amount of
Dollars equivalent to any amount denominated in another currency, the amount of
Dollars calculated by the Foreign Trade Facility Agent in accordance with the
applicable exchange rate provided in Section 2.6(n).

 

9

 

“Dollars”
or “$” refers to lawful money of the United States of America.

 

“Domestic
Revolving Availability Period”:  the
period from and including the Effective Date to but excluding the earlier of
the Domestic Revolving Maturity Date and the date of termination of the
Domestic Revolving Commitments.

 

“Domestic
Revolving Commitment”:  with respect
to each Lender, the commitment, if any, of such Lender to make Domestic
Revolving Loans and to acquire participations in Letters of Credit and
Swingline Loans hereunder, as such commitment may be changed from time to time
pursuant to this Agreement.  The amount
of each Lender’s Domestic Revolving Commitment as of the Effective Date is set
forth on Schedule 1.1A, or in the Assignment and Assumption pursuant to which
such Lender shall have assumed its Domestic Revolving Commitment, as
applicable.  The aggregate amount of the
Domestic Revolving Commitments is FOUR HUNDRED MILLION DOLLARS ($400,000,000)
as of the Effective Date.

 

“Domestic
Revolving Commitment Fee”:  as
defined in Section 2.14(a).

 

“Domestic
Revolving Exposure”:  with respect to
any Lender at any time, the sum of the outstanding principal amount of such
Lender’s Domestic Revolving Loans, LC Exposure and Swingline Exposure at such
time.

 

“Domestic
Revolving Facility”:  as defined in
the definition of Facility.

 

“Domestic
Revolving Lender”:  a Lender with a
Domestic Revolving Commitment or with Domestic Revolving Exposure.

 

“Domestic
Revolving Loan”:  a Loan made
pursuant to Section 2.1(a)(ii).

 

“Domestic
Revolving Maturity Date”:  September 21,
2012.

 

“Domestic
Revolving Note”: as defined in Section 2.10(d).

 

“Domestic
Subsidiary”:  any Subsidiary other
than a Foreign Subsidiary.

 

“Effective
Date”:  the date on which the
conditions precedent set forth in Section 4.1 shall be satisfied,
which date is September 21, 2007.

 

“Eligible Assignee”:   any Person that meets the requirements to be
an assignee under Section 9.4(b)(iv) and (v) (subject
to such consents, if any, as may be required under Section 9.4(b)).

 

“Emerson
JV”:  EGS LLC.

 

“EMU”:  Economic and Monetary Union as contemplated
in the Treaty.

 

“Environmental
Laws”:  all laws, rules, regulations,
codes, ordinances, orders, decrees, judgments, injunctions, notices or binding
agreements issued, promulgated or entered into by any Governmental Authority,
relating in any way to the environment, preservation or reclamation of natural
resources, the management, release or threatened release of any Hazardous
Material or to health and safety matters.

 

10

 

“Environmental
Liability”:  any liability,
contingent or otherwise (including any liability for damages, costs of
environmental remediation, fines, penalties or indemnities), of the Parent
Borrower or any Subsidiary directly or indirectly resulting from or based upon (a) violation
of any Environmental Law, (b) the generation, use, handling,
transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure
to any Hazardous Materials, (d) the release or threatened release of any
Hazardous Materials into the environment or (e) any contract, agreement or
other consensual arrangement pursuant to which liability is assumed or imposed
with respect to any of the foregoing.

 

“ERISA”:  the Employee Retirement Income Security Act
of 1974, as amended from time to time.

 

“ERISA
Affiliate”:  any trade or business
(whether or not incorporated) that, together with the Parent Borrower, is
treated as a single employer under Section 414(b) or (c) of the
Code or, solely for purposes of Section 302 of ERISA and Section 412
of the Code, is treated as a single employer under Section 414 of the
Code.

 

“ERISA
Event”:  (a) any “reportable
event”, as defined in Section 4043 of ERISA or the regulations issued
thereunder with respect to a Plan (other than an event for which the 30-day
notice period is waived); (b) the existence with respect to any Plan of an
“accumulated funding deficiency” (as defined in Section 412 of the Code or
Section 302 of ERISA), whether or not waived; (c) the filing pursuant
to Section 412(d) of the Code or Section 303(d) of ERISA of
an application for a waiver of the minimum funding standard with respect to any
Plan; (d) the incurrence by the Parent Borrower or any of its ERISA
Affiliates of any liability under Title IV of ERISA with respect to the
termination of any Plan; (e) the receipt by the Parent Borrower or any
ERISA Affiliate from the PBGC or a plan administrator of any notice relating to
an intention to terminate any Plan or Plans or to appoint a trustee to
administer any Plan; (f) the incurrence by the Parent Borrower or any of
its ERISA Affiliates of any liability with respect to the withdrawal or partial
withdrawal from any Plan or Multiemployer Plan; or (g) the receipt by the
Parent Borrower or any ERISA Affiliate of any notice, or the receipt by any
Multiemployer Plan from the Parent Borrower or any ERISA Affiliate of any
notice, concerning the imposition of Withdrawal Liability or a determination
that a Multiemployer Plan is, or is expected to be, insolvent or in
reorganization, within the meaning of Title IV of ERISA.

 

“Euro”:  the single currency of Participating Member
States introduced in accordance with the provisions of Article 109(1)4 of
the Treaty.

 

“Eurocurrency”:  when used in reference to any Loan or
Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing,
are bearing interest at a rate determined by reference to the Adjusted LIBO
Rate.

 

“Event
of Default”:  as defined in Article VII.

 

“Excess
Amount”:  as defined in Section 2.6(o)(i).

 

“Exchange
Rate”:  on any day, (a) with
respect to any Alternative Currency or Qualified Global Currency, the rate at
which such Alternative Currency or Qualified Global Currency may be exchanged
into Dollars, as set forth at approximately 11:00 a.m., London time, on such
day on the applicable Reuters World Spot Page, as determined by the
Administrative Agent or (b) with respect to any Permitted Currency or
other currency for a Foreign Credit Instrument permitted under Section 2.6(g)(vii),
the rate at which such Permitted Currency or other currency may be exchanged
into Dollars, as set forth at approximately 11:00 a.m. Düsseldorf, Germany
time, on such day on the applicable Reuters World Spot Page, as determined by
the applicable Foreign Issuing Lender. 
In the event that any such rate does not

 

11

 

appear
on any Reuters World Spot Page, the Exchange Rate shall be determined by
reference to such other publicly available service for displaying exchange
rates reasonably selected by the Administrative Agent or the applicable Foreign
Issuing Lender, in consultation with the Parent Borrower for such purpose or,
at the discretion of the Administrative Agent or the applicable Foreign Issuing
Lender, in consultation with the Parent Borrower, such Exchange Rate shall
instead be the arithmetic average of the spot rates of exchange of the
Administrative Agent or the applicable Foreign Issuing Lender, in the market
where its foreign currency exchange operations in respect of such Alternative
Currency, Qualified Global Currency or Permitted Currency or other currency are
then being conducted, at or about 11:00 a.m., local time, on such day for
the purchase of the applicable Alternative Currency, Qualified Global Currency
or Permitted Currency or other currency for delivery two Business Days later; provided
that, if at the time of any such determination, for any reason, no such spot
rate is being quoted, the Administrative Agent or the applicable Foreign
Issuing Lender may use any other reasonable method it deems appropriate to
determine such rate, and such determination shall be presumed correct absent
manifest error.

 

“Excluded
Taxes”:  with respect to the
Administrative Agent, any Lender or any other recipient of any payment to be
made by or on account of any obligation of any Borrower hereunder, (a) income
or franchise taxes imposed on (or measured by) its net income by the United
States of America, or by the jurisdiction under the laws of which such
recipient is organized or in which its principal office is located or, in the
case of any Lender, in which its applicable lending office is located, (b) any
branch profits taxes imposed by the United States of America or any similar tax
imposed by any other jurisdiction in which any Borrower is located, (c) in
the case of any Borrowing by the Parent Borrower or any Foreign Subsidiary
Borrower (other than SPX Process Equipment Pty. Ltd., DBT Technologies
(Proprietary) Limited and any Foreign Subsidiary Borrower that becomes a
Borrower hereunder after the Effective Date), with respect to any Lender (other
than an assignee pursuant to a request by a Borrower under Section 2.21(b)),
any withholding tax imposed by the jurisdiction in which such Borrower is
located that is (i) imposed on amounts payable to such Lender at the time
such Lender becomes a party to this Agreement or (ii) attributable to such
Lender’s failure to comply with Section 2.19(e) or 2.19(i),
except to the extent that such Lender (or its assignor, if any) was entitled,
at the time of designation of a new lending office (or assignment), to receive
additional amounts from any Borrower with respect to such withholding tax
pursuant to Section 2.19(a) and (d) withholding taxes
imposed other than (i) any withholding taxes with respect to SPX Process
Equipment Pty. Ltd. and DBT Technologies (Proprietary) Limited excluded from
clause (c) above, (ii) as a result of an addition of a Foreign
Subsidiary Borrower after the Effective Date or (iii) as a result of a
Change in Law (it being understood that for this purpose the term Change in Law
shall not include final Treasury regulations under Section 1441 of the
Code becoming effective).

 

“Existing Credit Agreement”: 
the Credit Agreement dated as of November 18, 2005, as amended
through the date hereof, among the Parent Borrower, the Foreign Subsidiary
Borrowers party thereto, the lenders party thereto and JPMorgan Chase Bank,
N.A., as administrative agent.

 

“Existing
Foreign Credit Instruments”:  any
outstanding standby letter of credit, bank guarantee, surety or other foreign
credit instrument which is issued by a Foreign Issuing Lender and listed on Schedule
2.6(a).

 

“Existing
Letters of Credit”:  as defined in Section 2.5(a).

 

“Extended
Foreign Trade Maturity Date”:  as
defined in Section 2.6(b)(i).

 

“Extension
Acceptance Notice”:  as defined in Section 2.6(b)(i).

 

12

 

“Extension
Date”:  as defined in Section 2.6(b)(i).

 

“Extension
Notice”:  as defined in Section 2.6(b)(i).

 

“Face
Amount”:  with respect to any Foreign
Credit Instrument or Letter of Credit, the principal face amount of such
Foreign Credit Instrument or Letter of Credit in Dollars or, as the case may
be, any other currency in which such Foreign Credit Instrument or Letter of
Credit has been issued, such amount representing the maximum liability of the
applicable Foreign Issuing Lender under such Foreign Credit Instrument or the
applicable Issuing Lender under such Letter of Credit which may only be
increased by fees and interest payable with respect to the secured obligation
if, and to the extent, so provided for under the terms of such Foreign Credit
Instrument or such Letter of Credit.

 

“Facility”:  each of (a) the Term Loan Commitments
and the Initial Term Loans made hereunder (the “Term Loan Facility”), (b) the
Domestic Revolving Commitments and the Domestic Revolving Loans made hereunder
(the “Domestic Revolving Facility”), (c) the Global Revolving
Commitments and the Global Revolving Loans made hereunder (the “Global
Revolving Facility”), (d) the Foreign Credit Instrument Issuing
Commitments, the Foreign Credit Commitments, the Foreign Credit Instruments
issued hereunder and the Existing Foreign Credit Instruments governed hereby
(the “Foreign Trade Facility”) and (e) the Incremental Term Loans
(the “Incremental Term Loan Facility”).

 

“Federal
Funds Effective Rate”:  for any day,
the rate per annum equal to the weighted average of the rates on overnight
federal funds transactions with members of the Federal Reserve System arranged
by federal funds brokers on such day, as published by the Federal Reserve Bank
of New York on the Business Day next succeeding such day; provided that (a) if
such day is not a Business Day, the Federal Funds Rate for such day shall be
such rate on such transactions on the next preceding Business Day as so
published on the next succeeding Business Day, and (b) if no such rate is
so published on such next succeeding Business Day, the Federal Funds Rate for
such day shall be the average rate (rounded upward, if necessary, to a whole
multiple of 1/100 of 1%) charged to Bank of America on such day on such
transactions as reasonably determined by the Administrative Agent.

 

“Fee
Letter”:  the letter agreement, dated
as of August 7, 2007  among the
Parent Borrower, Bank of America and BAS.

 

“Financial
Officer”:  the chief financial
officer, principal accounting officer, treasurer or controller of the Parent
Borrower.

 

“Foreign
Credit Commitment”:  with respect to
each Lender, the obligation of such Lender to purchase participations in each
Foreign Credit Instrument hereunder, as such obligation may be changed from
time to time pursuant to this Agreement. 
The amount of each Lender’s Foreign Credit Commitment as of the
Effective Date is set forth on Schedule 1.1A, or in the Assignment and
Assumption pursuant to which such Lender shall have assumed its Foreign Credit
Commitment, as applicable.  The aggregate
amount of the Foreign Credit Commitments is NINE HUNDRED FIFTY MILLION DOLLARS
($950,000,000) as of the Effective Date.

 

“Foreign
Credit Commitment Fee”:  as defined
in Section 2.6(p)(i).

 

“Foreign
Credit Disbursement”:  as defined in Section 2.6(h)(i).

 

“Foreign
Credit Fronting Fee”:  as defined in Section 2.6(p)(iii).

 

“Foreign
Credit Handling Fee”:  as defined in Section 2.6(p)(iv).

 

13

 

“Foreign
Credit Instrument”:  a Warranty
Guarantee, a Performance Guarantee, an Advance Payment Guarantee, a Tender
Guarantee, a General Purpose Guarantee, a Counter-Guarantee or an Existing
Foreign Credit Instrument.

 

“Foreign
Credit Instrument Fee”:  as defined
in Section 2.6(p)(ii).

 

“Foreign
Credit Instrument Issuing Commitment”: 
with respect to each Foreign Issuing Lender, the commitment of such
Foreign Issuing Lender to issue Foreign Credit Instruments, as such commitment
may be changed from time to time pursuant to this Agreement.  The amount of each Foreign Issuing Lender’s
Foreign Credit Instrument Issuing Commitment as of the Effective Date is set
forth on Schedule 1.1A.  The aggregate
principal amount of the Foreign Credit Instrument Issuing Commitments as of the
Effective Date is NINE HUNDRED FIFTY MILLION DOLLARS ($950,000,000).

 

“Foreign
Credit Instrument Requirements”:  the
Dispensable Requirements and the Mandatory Requirements.

 

“Foreign
Credit Instrument Termination Date”: 
as defined in Section 2.6(k)(i).

 

“Foreign
Credit Reimbursement Obligation”: 
the obligation of each relevant Borrower to reimburse the relevant
Foreign Issuing Lender pursuant to Section 2.6(h) for Foreign
Credit Disbursements.

 

“Foreign
Issuing Lender”:  (a) a Lender
with a Foreign Credit Instrument Issuing Commitment or with Foreign Trade
Exposure, (b) a Person that has had its Foreign Credit Instrument Issuing
Commitment terminated at the election of the Parent Borrower pursuant to the
terms of Section 2.6(b)(i) but that has issued prior to such
termination Foreign Credit Instruments and/or Joint Signature Foreign Credit
Instruments pursuant to Section 2.6 that continue to remain
outstanding following such termination (for which it has not received a Counter
Guarantee at the election of the Parent Borrower in its sole discretion as
credit support for such Foreign Credit Instruments and/or Joint Signature
Foreign Credit Instruments) and (c) with respect to those Existing Foreign
Credit Instruments set forth in Part B of Schedule 2.6(a), the
Lender designated as the issuer of any such Existing Foreign Credit Instrument
on such Schedule 2.6(a).

 

“Foreign
Issuing Lender Joinder Agreement”:  a
joinder agreement, substantially in the form of Exhibit O, executed
and delivered in accordance with the provisions of Section 2.6(t).

 

“Foreign
Subsidiary”:  any Subsidiary (a) that
is organized under the laws of a jurisdiction other than the United States of
America or any State thereof or the District of Columbia or (b) that is a
Foreign Subsidiary Holdco.

 

“Foreign
Subsidiary Borrower”:  (a) with
respect to the Global Revolving Facility, any Foreign Subsidiary of the Parent
Borrower designated as a Foreign Subsidiary Borrower by the Parent Borrower
pursuant to Section 2.23(a) that has not ceased to be a
Foreign Subsidiary Borrower pursuant to such Section and (b) with
respect to the Foreign Trade Facility, any Foreign Subsidiary of the Parent
Borrower designated as a Foreign Subsidiary Borrower by the Parent Borrower
pursuant to Section 2.23(b) that has not ceased to be a
Foreign Subsidiary Borrower pursuant to such Section.  Part A of Schedule 2.23 sets
forth a list of the Foreign Subsidiary Borrowers under the Global Revolving
Facility as of the Effective Date, and Part B of Schedule 2.23 sets
forth a list of the Foreign Subsidiary Borrowers under the Foreign Trade
Facility as of the Effective Date.

 

14

 

“Foreign
Subsidiary Holdco”:  any Domestic
Subsidiary that has no material assets other than the Capital Stock of one or
more Foreign Subsidiaries, and other assets relating to an ownership interest
in any such Capital Stock.

 

“Foreign
Subsidiary Opinion”:  with respect to
any Foreign Subsidiary Borrower, a legal opinion of counsel to such Foreign
Subsidiary Borrower addressed to the Administrative Agent (and, with respect to
any Foreign Subsidiary Borrower under the Foreign Trade Facility, the Foreign
Trade Facility Agent) and the Lenders in form and substance reasonably
satisfactory to the Administrative Agent (and, with respect to any Foreign
Subsidiary Borrower under the Foreign Trade Facility, the Foreign Trade
Facility Agent).

 

“Foreign
Trade Administrative Office”:  the
office of the Foreign Trade Facility Agent located at Trade Center, Königsalle
45 – 47, 40212 Düsseldorf, Germany, or such other office as may be designated
by the Foreign Trade Facility Agent by written notice to the Parent Borrower,
the Administrative Agent and the Lenders.

 

“Foreign
Trade Exposure”:  with respect to any
Foreign Issuing Lender at any time, the sum of (a) the Dollar Equivalent
of the aggregate outstanding amount of such Foreign Issuing Lender’s
obligations in respect of all Foreign Credit Instruments issued by it at such
time plus (b) the Dollar Equivalent of the aggregate principal
amount of all Foreign Credit Disbursements made by such Foreign Issuing Lender
that have not yet been reimbursed by or on behalf of the relevant Borrower at
such time.

 

“Foreign
Trade Facility”:  as defined in the
definition of Facility.

 

“Foreign
Trade Facility Agent”:  as defined in
the definition of Administrative Agent.

 

“Foreign
Trade Maturity Date”:  September 21,
2012, as such date may be extended pursuant to Section 2.6(b).

 

“Fund”: 
any Person (other than a natural person) that is (or will be) engaged in
making, purchasing, holding or otherwise investing in commercial loans and
similar extensions of credit in the ordinary course of its activities.

 

“GAAP”:  generally accepted accounting principles in
the United States of America.

 

“General
Purpose Guarantee”:  a customary
standby letter of credit or bank guarantee or surety issued by a Foreign
Issuing Lender for the purpose of supporting any obligations of the Parent
Borrower or any of its Subsidiaries, other than (a) Advance Payment
Guarantees, (b) Warranty Guarantees, (c) Performance Guarantees, (d) Tender
Guarantees and (e) any other customary standby letter of credit, bank
guarantee or surety issued to secure obligations which are recognized as
Indebtedness, save customs guarantees, guarantees for rental payments
and for the benefit of tax authorities and guarantees used as collateral in
connection with court proceedings.

 

“Global
Revolving Availability Period”:  the
period from and including the Effective Date to but excluding the earlier of
the Global Revolving Maturity Date and the date of termination of the Global
Revolving Commitments.

 

“Global
Revolving Commitment”:  with respect
to each Lender, the commitment, if any, of such Lender to make Global Revolving
Loans hereunder, as such commitment may be changed from time to time pursuant
to this Agreement.  The amount of each
Lender’s Global Revolving Commitment as of the Effective Date is set forth on
Schedule 1.1A, or in the Assignment and Assumption pursuant to which

 

15

 

such
Lender shall have assumed its Global Revolving Commitment, as applicable.  The aggregate amount of the Global Revolving
Commitments is TWO HUNDRED MILLION DOLLARS ($200,000,000) as of the Effective
Date.

 

“Global
Revolving Commitment Fee”:  as
defined in Section 2.14(a).

 

“Global
Revolving Exposure”:  with respect to
any Lender at any time, the sum of (a) the aggregate outstanding principal
amount of such Lender’s Global Revolving Loans at such time that are
denominated in Dollars plus (b) the Dollar Equivalent at such time
of the aggregate outstanding principal amount of such Lender’s Global Revolving
Loans at such time that are denominated in Qualified Global Currencies.

 

“Global
Revolving Facility”:  as defined in
the definition of Facility.

 

“Global
Revolving Lender”:  a Lender with a
Global Revolving Commitment or with Global Revolving Exposure.

 

“Global
Revolving Loan”:  a Loan made
pursuant to Section 2.1(a)(iii).

 

“Global
Revolving Maturity Date”:  September 21,
2012.

 

“Global
Revolving Note”: as defined in Section 2.10(d).

 

“Governmental
Authority”:  any nation or
government, any state or other political subdivision thereof, any agency,
authority, instrumentality, regulatory body, court, central bank or other
entity exercising executive, legislative, judicial, taxing, regulatory or
administrative functions of or pertaining to government (including any European
central bank or other similar agency, authority or regulatory body), any
securities exchange and any self-regulatory organization (including the
National Association of Insurance Commissioners).

 

“Guarantee:  with respect to any Person (the “guarantor”),
any obligation, contingent or otherwise, of the guarantor guaranteeing or
having the economic effect of guaranteeing any Indebtedness or other obligation
of any other Person (the “primary obligor”) in any manner, whether
directly or indirectly, and including any obligation of the guarantor, direct
or indirect, (a) to purchase or pay (or advance or supply funds for the
purchase or payment of) such Indebtedness or other obligation or to purchase
(or to advance or supply funds for the purchase of) any security for the payment
thereof, (b) to purchase or lease property, securities or services for the
purpose of assuring the owner of such Indebtedness or other obligation of the
payment thereof, (c) to maintain working capital, equity capital or any
other financial statement condition or liquidity of the primary obligor so as
to enable the primary obligor to pay such Indebtedness or other obligation or (d) as
an account party in respect of any letter of credit or letter of guaranty
issued to support such Indebtedness or obligation; provided, that the
term Guarantee shall not include endorsements for collection or deposit in the
ordinary course of business, supplier, purchaser or customer arrangements in
the ordinary course of business, Standard Receivables Undertakings or “comfort”
letters delivered to auditors in connection with statutory audits.

 

“Guarantee
and Collateral Agreement”:  the
Guarantee and Collateral Agreement to be executed and delivered by the Parent
Borrower and the Subsidiary Guarantors in favor of the Administrative Agent, in
substantially the form of Exhibit A, as the same may be amended,
supplemented or otherwise modified from time to time.

 

16

 

“Hazardous
Materials”:  all explosive or
radioactive substances or wastes and all hazardous or toxic substances, wastes
or other pollutants, including petroleum or petroleum distillates, asbestos or
asbestos containing materials, polychlorinated biphenyls, radon gas, infectious
or medical wastes and all other substances or wastes of any nature regulated as
“hazardous” or “toxic” pursuant to any Environmental Law.

 

“Hedging
Agreement”:  any interest rate
agreement, foreign currency exchange agreement, commodity price protection
agreement or other interest or currency exchange rate or commodity price swap
or hedging arrangement or option.

 

“Incremental
Facility Activation Notice”:  a
notice substantially in the form of Exhibit G.

 

“Incremental
Term Lenders”:  each Lender with an
outstanding Incremental Term Loan.

 

“Incremental
Term Loan Facility”:  as defined in
the definition of Facility.

 

“Incremental
Term Loan Maturity Date”:  with
respect to the Incremental Term Loans to be made pursuant to any Incremental
Facility Activation Notice, the maturity date specified in such Incremental
Facility Activation Notice, which date shall be a date no earlier than the
final maturity of the other Term Loans entered into prior to the delivery of
such Incremental Facility Activation Notice.

 

“Incremental
Term Loans”:  as defined in Section 2.1(b).

 

“Incur”:  as defined in Section 6.2.  “Incurrence” and “Incurred” shall have
correlative meanings.

 

“Indebtedness”:  with respect to any Person, without
duplication, (a) all obligations of such Person for borrowed money, (b) all
obligations of such Person evidenced by bonds, debentures, notes or similar
instruments, (c) all obligations of such Person under conditional sale or
other title retention agreements relating to property acquired by such Person
(other than current trade payables Incurred in the ordinary course of business
and payable in accordance with customary practices), (d) all obligations
of such Person in respect of the deferred purchase price of property or
services (other than (i) current trade payables or liabilities for
deferred payment for services to employees and former employees, in each case
Incurred in the ordinary course of business and payable in accordance with
customary practices and (ii) unsecured Payables Programs in respect of
current trade payables Incurred in the ordinary course of business, so long as
the aggregate amount at any time outstanding that is owed in respect of such
Payables Programs does not exceed an amount equal to the current trade payables
so financed plus interest (or equivalent), yield, indemnities, fees and
expenses in connection therewith), (e) all Indebtedness of others secured
by (or for which the holder of such Indebtedness has an existing right,
contingent or otherwise, to be secured by) any Lien on property owned or
acquired by such Person, whether or not the Indebtedness secured thereby has
been assumed, (f) all Guarantees by such Person of Indebtedness of others,
(g) all Capital Lease Obligations of such Person, (h) all
obligations, contingent or otherwise, of such Person as an account party in
respect of letters of credit and letters of guaranty, (i) all obligations,
contingent or otherwise, of such Person in respect of bankers’ acceptances, (j) all
preferred and/or redeemable Capital Stock of any Subsidiary of such Person
that, by its terms (or by the terms of any security into which it is
convertible or for which it is exchangeable at the option of the holder
thereof), or upon the happening of any event, matures or is mandatorily
redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable
at the option of the holder thereof, in whole or in part, on or prior to the
date that is six months after the latest maturity date for Loans hereunder, (k) Receivables
Transaction Attributed Indebtedness and (l) solely for the purposes of Section 6.2,
all obligations of such Person in respect of Hedging Agreements.  The Indebtedness of any Person (i) shall
include the Indebtedness of any other entity (including any partnership in
which such Person is a general partner) to the extent such Person is

 

17

 

liable
therefor as a result of such Person’s ownership interest in or other
relationship with such entity, except to the extent the terms of such
Indebtedness provide that such Person is not liable therefor and (ii) shall
exclude customer deposits in the ordinary course of business.

 

“Indemnified
Taxes”:  Taxes other than Excluded
Taxes.

 

“Indemnitees”:  as defined in Section 9.3(b).

 

“Indirect
Foreign Credit Instrument”:  as
defined in Section 2.6(g)(iv).

 

“Indirect
Foreign Issuing Lender”:  as defined
in Section 2.6(g)(iv).

 

“Information”:  as defined in Section 9.11.

 

“Information
Memorandum”:  the Confidential
Information Memorandum, dated August 14, 2007, relating to the Parent
Borrower and the Facilities.

 

“Initial
Term Loan”:  a Loan made pursuant to Section 2.1(a)(i).

 

“Initial
Term Loan Lender”:  a Lender with a
Term Loan Commitment or with an outstanding Initial Term Loan.

 

“Interest
Election Request”:  a request by the
relevant Borrower to convert or continue Borrowing of Domestic Revolving Loans
or Global Revolving Loans or Term Loan Borrowing in accordance with Section 2.8.

 

“Interest
Payment Date”:  (a) with respect
to any ABR Loan (including a Swingline Loan), the last Business Day of each
March, June, September and December and the Domestic Revolving
Maturity Date, the Global Revolving Maturity Date or the Term Loan Maturity
Date, as applicable; and (b) with respect to any Eurocurrency Loan, the
last day of each Interest Period applicable to such Loan and the Domestic
Revolving Maturity Date, the Global Revolving Maturity Date or the Term Loan
Maturity Date, as applicable; provided, however, that if any
Interest Period for a Eurocurrency Loan exceeds three months, the respective
dates that fall every three months after the beginning of such Interest Period
shall also be Interest Payment Dates.

 

“Interest
Period”:  with respect to any LIBO
Rate Loan, the period commencing on the date such LIBO Rate Loan is disbursed
or converted to or continued as a LIBO Rate Loan and ending on the date one,
two, three or six months thereafter, as selected by the Parent Borrower in its
Borrowing Request, or nine or twelve months thereafter, as requested by the
Parent Borrower and consented to by all of the Lenders, provided that:

 

(a)           any Interest
Period that would otherwise end on a day that is not a Business Day shall be
extended to the next succeeding Business Day unless such Business Day falls in
another calendar month, in which case such Interest Period shall end on the
next preceding Business Day;

 

(b)           any Interest
Period that begins on the last Business Day of a calendar month (or on a day
for which there is no numerically corresponding day in the calendar month at
the end of such Interest Period) shall end on the last Business Day of the
calendar month at the end of such Interest Period.  For purposes hereof, the date of a Borrowing
initially shall be the date on which such Borrowing is made and thereafter
shall be the effective date of the most recent conversion or continuation of
such Borrowing;

 

18

 

(c)           no Interest
Period with respect to any Global Revolving Loan shall extend beyond the Global
Revolving Maturity Date;

 

(d)           no Interest
Period with respect to any Domestic Revolving Loan shall extend beyond the
Domestic Revolving Maturity Date;

 

(e)           no Interest
Period with respect to the Initial Term Loan shall extend beyond the Term Loan
Maturity Date; and

 

(f)            no Interest
Period with respect to the Incremental Term Loan shall extend beyond the
Incremental Term Loan Maturity Date.

 

“Investments”:  as defined in Section 6.5.

 

“Issuing
Lender”:  as the context may require,
(a) Bank of America, with respect to Letters of Credit issued by it, (b) any
other Domestic Revolving Lender that becomes an Issuing Lender pursuant to Section 2.5(1),
with respect to Letters of Credit issued by it, and (c) any Domestic
Revolving Lender that has issued an Existing Letter of Credit, with respect to
such Existing Letter of Credit and, in each case its successors in such
capacity as provided in Section 2.5(i).  Any Issuing Lender may, in its discretion,
arrange for one or more Letters of Credit to be issued by Affiliates of such
Issuing Lender, in which case the term “Issuing Lender” shall include any such
Affiliate with respect to Letters of Credit issued by such Affiliate.

 

“Joint
Foreign Issuing Lenders”:  as defined
in Section 2.6(m)(i).

 

“Joint
Foreign Trade Facility Agent”:  as
defined in Section 2.6(m)(ii).

 

“Joint
Signature Foreign Credit Instrument”: 
a Foreign Credit Instrument issued by two or more Foreign Issuing
Lenders acting as several debtors in accordance with Section 2.6(m).

 

“Judgment
Currency”:  as defined in Section 9.14(a).

 

“Judgment
Currency Conversion Rate”:  as
defined in Section 9.14(a).

 

“Latest
Notification Day”:  as defined in Section 2.6(g)(i).

 

“LC
Disbursement”:  a payment made by the
applicable Issuing Lender pursuant to a Letter of Credit.

 

“LC
Exposure”:  at any time, the sum of (a) the
aggregate outstanding amount of all Letters of Credit that are denominated in
Dollars at such time plus (b) the aggregate principal amount of all
LC Disbursements that are denominated in Dollars that have not yet been
reimbursed by or on behalf of the relevant Borrower at such time plus (c) the
Alternative Currency LC Exposure at such time. 
The LC Exposure of any Domestic Revolving Lender at any time shall be
its Applicable Percentage of the total LC Exposure at such time.

 

“Lenders”:  the Persons listed on Schedule 1.1A
and any other Person that shall have become a party hereto pursuant to an
Assignment and Assumption, other than any such Person that ceases to be a party
hereto pursuant to an Assignment and Assumption.  Unless the context otherwise requires, the
term “Lenders” includes each Domestic Revolving Lender, each Global Revolving
Lender, each Incremental

 

19

 

Term
Lender, the Swingline Lender, each Issuing Lender, each Lender with a Foreign
Credit Commitment and each Foreign Issuing Lender.

 

“Lending
Office”:  with respect to any Foreign
Issuing Lender, the office designated by such Foreign Issuing Lender by written
notice to the Foreign Trade Facility Agent, the Administrative Agent and the
relevant Borrower.

 

“Letter
of Credit”:  any standby letter of
credit (other than a Foreign Credit Instrument) issued pursuant to this
Agreement, including the Existing Letters of Credit.

 

“LIBO
Rate”:  for any Interest Period with
respect to a LIBO Rate Loan, the rate per annum equal to the British Bankers
Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other
commercially available source providing quotations of BBA LIBOR as designated
by the Administrative Agent from time to time) at approximately 11:00 a.m.,
London time, two Business Days prior to the commencement of such Interest
Period, for deposits in the relevant currency (for delivery on the first day of
such Interest Period) with a term equivalent to such Interest Period.  If such rate is not available at such time
for any reason, then the “LIBO Rate” for such Interest Period shall be the rate
per annum reasonably determined by the Administrative Agent to be the rate at
which deposits in the relevant currency for delivery on the first day of such
Interest Period in same day funds in the approximate amount of the LIBO Rate
Loan being made, continued or converted by Bank of America and with a term
equivalent to such Interest Period would be offered by Bank of America’s London
Branch (or other Bank of America branch or Affiliate) to major banks in the
London or other offshore interbank market for such currency at their request at
approximately 11:00 a.m. (London time) two Business Days prior to the
commencement of such Interest Period.

 

“LIBO
Reserve Percentage”: for any day during any Interest Period, the reserve percentage
(expressed as a decimal, carried out to five decimal places) in effect on such
day, whether or not applicable to any Lender, under regulations issued from
time to time by the Board for determining the maximum reserve requirement
(including any emergency, supplemental or other marginal reserve requirement)
with respect to Eurocurrency funding (currently referred to as “Eurocurrency
liabilities”).  The LIBO Rate for each
outstanding Eurocurrency Loan shall be adjusted automatically as of the
effective date of any change in the LIBO Reserve Percentage.

 

“Lien”:  with respect to any asset, (a) any
mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or
security interest in, on or of such asset, (b) the interest of a vendor or
a lessor under any conditional sale agreement, capital lease or title retention
agreement (or any financing lease having substantially the same economic effect
as any of the foregoing) relating to such asset and (c) in the case of
securities, any purchase option, call or similar right of a third party with
respect to such securities.

 

“Loan”:  any loan made by any Lender pursuant to this
Agreement.

 

“Loan
Documents”:  this Agreement, the
Security Documents, each Note, each Borrowing Subsidiary Agreement, each
Borrowing Subsidiary Termination, the Fee Letter and the Deutsche Bank Fee
Letter.

 

“Loan
Parties”:  the Borrowers and the
Subsidiary Guarantors.

 

“Mandatory
Requirements”:  the requirements
under Part A of Schedule 1.1C.

 

“Material
Adverse Effect”:  a material adverse
effect on (a) the business, property, operations or condition (financial
or otherwise) of the Parent Borrower and its Subsidiaries taken as a whole, (b) the

 

20

 

ability
of the Loan Parties, taken as a whole, to perform any of their obligations
under any Loan Document or (c) the rights of or benefits available to the
Lenders under any Loan Document.

 

“Material
Indebtedness”:  Indebtedness (other
than the Loans, Letters of Credit and Foreign Credit Instruments), or
obligations in respect of one or more Hedging Agreements, of any one or more of
the Parent Borrower and its Subsidiaries in an aggregate principal amount
exceeding $75,000,000.  For purposes of
determining Material Indebtedness, the “principal amount” of the obligations of
the Parent Borrower or any Subsidiary in respect of any Hedging Agreement at
any time shall be the maximum aggregate amount (giving effect to any netting
agreements) that the Parent Borrower or such Subsidiary would be required to
pay if such Hedging Agreement were terminated at such time.

 

“Material
Subsidiary”:  (a) any Subsidiary
listed on Schedule 1.1B as a Material Subsidiary and (b) any other
Subsidiary of the Parent Borrower created or acquired after the Effective Date
that, together with its Subsidiaries, has aggregate assets (excluding assets
that would be eliminated upon consolidation in accordance with GAAP), at the
time of determination, in excess of $50,000,000.

 

“Moody’s”:  Moody’s Investors Service, Inc.

 

“Multiemployer
Plan”:  a multiemployer plan as
defined in Section 4001(a)(3) of ERISA.

 

“Net
Proceeds”:  with respect to any event
(a) the cash proceeds received in respect of such event including (i) any
cash received in respect of any non-cash proceeds, but only as and when
received, (ii) in the case of a casualty, insurance proceeds, and (iii) in
the case of a casualty or a condemnation or similar event, condemnation awards
and similar payments, net of (b) the sum of (i) all reasonable fees
and out-of-pocket expenses paid by the Parent Borrower and the Subsidiaries to
third parties (other than Affiliates) in connection with such event, (ii) in
the case of a Disposition of an asset (including pursuant to a condemnation or
similar proceeding), the amount of all payments required to be made by the
Parent Borrower and the Subsidiaries as a result of such event to repay
Indebtedness (other than Loans) or to pay any other Contractual Obligation
secured by such asset or otherwise subject to mandatory prepayment or repayment
as a result of such event, and (iii) the amount of all taxes paid (or
reasonably estimated to be payable) by the Parent Borrower and the Subsidiaries
(including all taxes paid in connection with the repatriation of the Net
Proceeds of a Disposition), and the amount of any reserves established by the
Parent Borrower and the Subsidiaries to fund contingent liabilities reasonably
estimated to be payable, in each case that are directly attributable to such
event (as determined reasonably and in good faith by the chief financial
officer of the Parent Borrower).

 

“New
Lender Supplement”:  a supplement
substantially in the form of Exhibit H.

 

“Non-U.S.
Lender”:  as defined in Section 2.19(e).

 

“Note”
or “Notes”:   the Domestic
Revolving Notes, the Global Revolving Notes, the Swingline Note and/or the Term
Notes, individually or collectively, as appropriate.

 

“Notice
Date”:  as defined in Section 2.6(b)(i).

 

“Obligation
Currency”:  as defined in Section 9.14(a).

 

“Obligations”:  the collective reference to the unpaid
principal of and interest (and premium, if any) on the Loans, Reimbursement
Obligations and Foreign Credit Reimbursement Obligations and all other
obligations and liabilities of the Borrowers (including interest accruing at
the then applicable rate provided herein after the maturity of the Loans,
Reimbursement Obligations and Foreign Credit

 

21

 

Reimbursement
Obligations and interest accruing at the then applicable rate provided herein
after the filing of any petition in bankruptcy, or the commencement of any
insolvency, reorganization or like proceeding, relating to any Borrower,
whether or not a claim for post-filing or post-petition interest is allowed in
such proceeding) to any Agent or any Lender (or, in the case of any Hedging
Agreement or Specified Cash Management Agreement, any Lender or any Affiliate
of any Lender), whether direct or indirect, absolute or contingent, due or to
become due, or now existing or hereafter Incurred, which may arise under, out
of, or in connection with, this Agreement, the other Loan Documents, any
Hedging Agreement or Specified Cash Management Agreement with any Lender or any
Affiliate of any Lender or any other document made, delivered or given in
connection with any of the foregoing, in each case whether on account of
principal, interest, premium, reimbursement obligations, fees, indemnities,
costs, expenses or otherwise (including all fees and disbursements of counsel
to any Agent or to any Lender that are required to be paid by any Borrower
pursuant to the terms of any of the foregoing agreements).

 

“Other
Permitted Debt”:  any unsecured
Indebtedness Incurred by the Parent Borrower as permitted by Section 6.2(1).

 

“Other
Permitted Debt Documents”:  all
indentures, instruments, agreements and other documents evidencing or governing
Other Permitted Debt or providing for any Guarantee or other right in respect
thereof.

 

“Other
Taxes”:  any and all present or
future stamp or documentary taxes or any other excise charges or similar levies
arising from the execution, delivery or enforcement of any Loan Document.

 

“Parent
Borrower”:  as defined in the
preamble.

 

“Participant”:  as defined in Section 9.4(e).

 

“Participating
Member State”:  each state so
described in any EMU legislation.

 

“Payables
Programs”:  payables programs
established to enable the Parent Borrower or any Subsidiary to purchase goods
and services from vendors.

 

“PBGC”:  the Pension Benefit Guaranty Corporation
referred to and defined in ERISA and any successor entity performing similar
functions.

 

“Performance
Guarantee”:  a customary standby
letter of credit or bank guarantee or surety issued by a Foreign Issuing Lender
in favor of customers of the Parent Borrower or any of its Subsidiaries for the
purpose of supporting the fulfillment of such parties’ performance obligations
under any construction, service or similar agreement.

 

“Permitted
Acquisition”:  any acquisition by the
Parent Borrower or any Subsidiary of all or substantially all of the Capital
Stock of, or all or substantially all of the assets of, or of a business, unit
or division of, any Person (including any related Investment in any Subsidiary
in order to provide all or any portion of the Consideration for such
acquisition); provided that (a) the Parent Borrower shall be in
compliance, on a pro  forma basis after giving effect to such
acquisition, with the covenants contained in Section 6.1, in each
case recomputed as at the last day of the most recently ended fiscal quarter of
the Parent Borrower for which the relevant information is available as if such
acquisition had occurred on the first day of each relevant period for testing
such compliance (as demonstrated, in the case of any acquisition for which the
aggregate Consideration is greater than or equal to $100,000,000, in a
certificate of a Financial Officer delivered to the Administrative Agent prior
to the consummation of such acquisition), (b) no Default or Event of
Default shall have occurred and be continuing, or would occur

 

22

 

after
giving effect to such acquisition, (c) substantially all of the property
so acquired (including substantially all of the property of any Person whose
Capital Stock is directly or indirectly acquired) is useful in the business of
the general type conducted by the Parent Borrower and its Subsidiaries on the
Effective Date or businesses reasonably related thereto, (d) the Capital
Stock so acquired (other than any Capital Stock that is not required by Section 5.11
to become Collateral) shall constitute and become Collateral, (e) if the
Ratings Event shall have occurred, substantially all of the property other than
Capital Stock so acquired (including substantially all of the property of any
Person whose Capital Stock is directly or indirectly acquired when such Person
becomes a direct or indirect Wholly Owned Subsidiary of the Parent Borrower in
accordance with clause (f), below, but excluding any assets to the extent such
assets are not required by Section 5.11 to become Collateral) shall
constitute and become Collateral, (f) any Person whose Capital Stock is
directly or indirectly acquired shall be, after giving effect to such
acquisition, (i) with respect to any such Person that is a Domestic
Subsidiary, within six (6) months of such acquisition, a direct or
indirect Wholly Owned Subsidiary of the Parent Borrower, and (ii) with
respect to any such Person that is a Foreign Subsidiary, within eighteen (18)
months of such acquisition at least 80% of the Capital Stock of such Foreign
Subsidiary shall be owned directly or indirectly by the Parent Borrower, and (g) any
such acquisition shall have been approved by the board of directors or
comparable governing body of the relevant Person (unless such relevant Person
is a majority owned Subsidiary prior to such acquisition).

 

“Permitted
Currencies”:  Dollars, Sterling and
Euros.

 

“Permitted
Encumbrances”:  (a) Liens imposed
by law for taxes that are not yet due or are being contested in compliance with
Section 5.5; (b) carriers’, warehousemen’s, mechanics’,
materialmen’s, repairmen’s and other like Liens imposed by law, arising in the
ordinary course of business and securing obligations that are not overdue by
more than 90 days or are being contested in compliance with Section 5.5;
(c) pledges and deposits made in the ordinary course of business in
compliance with workers’ compensation, unemployment insurance and other social
security laws or regulations; (d) deposits to secure the performance of
bids, trade contracts, leases, statutory obligations, surety, indemnity,
release and appeal bonds, performance or warranty bonds and other obligations
of a like nature, and guarantees  or
reimbursement or related obligations thereof, in each case in the ordinary
course of business; (e) deposits securing liabilities to insurance
carriers under insurance or self-insurance arrangements; (f) judgment
(including pre-judgment attachment) Liens not giving rise to an Event of
Default; (g) banker’s Liens, rights of set-off or similar rights and
remedies as to deposit accounts or other funds maintained with a depositary
institution; provided that (i) such deposit account is not a
dedicated cash collateral account and is not subject to restrictions against
access by the Parent Borrower or any Subsidiary in excess of those set forth by
regulations promulgated by the Board or other applicable Governmental Authority
and (ii) such deposit account is not intended by the Parent Borrower or
any Subsidiary to provide collateral to the depositary institution; (h) Liens
arising from UCC financing statement filings regarding operating leases or
consignments entered into by the Parent Borrower and any Subsidiary in the
ordinary course of business; (i) customary restrictions imposed on the
transfer of copyrighted or patented materials or other intellectual property
and customary provisions in agreements that restrict the assignment of such
agreements or any rights thereunder; (j) easements, leases, subleases,
ground leases, zoning restrictions, building codes, rights-of-way, minor
defects or irregularities in title and similar encumbrances on real property
imposed by law or arising in the ordinary course of business that do not secure
any monetary obligations and do not materially detract from the value of the
affected property or interfere with the ordinary conduct of business of the
Parent Borrower or any Subsidiary; and (k) customary unperfected Liens Incurred
in the ordinary course of business that secure current trade payables Incurred
in the ordinary course of business and payable in accordance with customary
practices; provided that such Liens encumber only the assets related to
such current trade payables. 
Notwithstanding the foregoing, the term “Permitted Encumbrances” shall
not include any Lien securing Indebtedness.

 

23

 

“Permitted
Investments”:  (a) direct
obligations of, or obligations the principal of and interest on which are
unconditionally guaranteed by, the United States of America (or by any agency
or instrumentality thereof to the extent such obligations are backed by the
full faith and credit of the United States of America), in each case maturing
within one year from the date of acquisition thereof; (b) investments in
commercial paper maturing within one year from the date of acquisition thereof
and having, at such date of acquisition, credit ratings from S&P or from
Moody’s of at least “A-2” or “P-2”, respectively; (c) investments in
certificates of deposit, banker’s acceptances, overnight bank deposits,
eurodollar time deposits and time deposits maturing within one year from the
date of acquisition thereof issued or guaranteed by or placed with, and money
market deposit accounts issued or offered by, any domestic office of any
commercial bank organized under the laws of the United States of America or any
State thereof which has a combined capital and surplus and undivided profits of
not less than $500,000,000 or, in the case of Foreign Subsidiaries, any local
office of any commercial bank organized under the laws of the relevant local
jurisdiction or any OECD country or any political subdivision thereof which has
a combined capital and surplus and undivided profits of not less than
$500,000,000 and cash pooling arrangements among Foreign Subsidiaries
(sometimes intermediated by a commercial bank); (d) marketable general
obligations issued by any State of the United States of America or any political
subdivision of any such State or any public instrumentality thereof maturing
within one year from the date of acquisition and, at the time of acquisition,
having a credit rating of “A” or better from either S&P or Moody’s; (e) repurchase
agreements with a term of not more than 30 days for securities described in
clause (a), (c) or (d) above and entered into with a financial
institution satisfying the criteria described in clause (c) above; (f) interests
in any investment company or money market fund which invests substantially all
of its assets in instruments of the type specified in clauses (a) through (e) above;
and (g) in the case of Foreign Subsidiaries (other than any Foreign
Subsidiary Holdco), substantially similar Investments to those set forth in
clauses (a) through (f) above denominated in foreign currencies; provided
that references to the United States of America (or any agency, instrumentality
or State thereof) shall be deemed to mean foreign countries having a sovereign
rating of “A” or better from either S&P or Moody’s.

 

“Permitted
Maturity”:  with respect to any
Foreign Credit Instrument, a maximum tenor of 60 months following the
respective issuance date; provided that (a) not more than 33 1/3%
of the total Foreign Credit Instrument Issuing Commitments may be used for
Foreign Credit Instruments with a tenor of 48 months or more and (b) no
Foreign Credit Instrument may have a maximum tenor that is more than 24 months
after the then effective Foreign Trade Maturity Date.  For purposes of this definition, “tenor”
shall mean the period remaining from time to time until the maturity of the
relevant Foreign Credit Instrument determined on the basis of the expiration
date specified in the relevant Foreign Credit Instrument in accordance with Section 2.6(c)(iv),
or, in the absence of such specific expiration date, the remaining Commercial
Lifetime.

 

“Person”:  any natural person, corporation, limited
liability company, trust, joint venture, association, company, partnership,
Governmental Authority or other entity.

 

“Plan”:  any employee pension benefit plan (other than
a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412
of the Code or Section 302 of ERISA, and in respect of which the Parent
Borrower or any ERISA Affiliate is (or, if such plan were terminated, would
under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of
ERISA.

 

“Platform”:
as defined in Section 5.1.

 

24

 

“Prepayment
Event”:

 

(a)           any Disposition
of property or series of related Dispositions of property (excluding any such
Disposition permitted by paragraph (a), (b), (c) or (e) of Section 6.6)
that yields aggregate gross proceeds to the Parent Borrower or any of the
Subsidiary Guarantors (valued at the initial principal amount thereof in the
case of non-cash proceeds consisting of notes or other debt securities and
valued at fair market value in the case of other non-cash proceeds) in excess
of $10,000,000; or

 

(b)           any casualty or
other insured damage to, or any taking under power of eminent domain or by
condemnation or similar proceeding of, any property of the Parent Borrower or
any Subsidiary Guarantor that yields Net Proceeds in excess of $10,000,000; or

 

(c)           the Incurrence
by the Parent Borrower or any Subsidiary of any Indebtedness, other than
Indebtedness permitted by Section 6.2.

 

“Public Lender”:  as defined in Section 5.1.

 

“Qualified
Foreign Global Currency”:  any
Qualified Global Currency other than Dollars borrowed in the United States of
America.

 

“Qualified
Global Currency”:  (a) Sterling,
Euros, Dollars and each of the currencies of the countries specified on Schedule
1.1D and (b) any other eurocurrency designated by the Parent Borrower
with the consent of the Administrative Agent and each Global Revolving Lender.

 

“Qualified
Global Currency Borrowing”:  any
Borrowing comprised of Qualified Global Currency Loans.

 

“Qualified
Global Currency Loan”:  any Loan
denominated in a Qualified Global Currency.

 

“Qualified
Receivables Transaction”:  any
transaction or series of transactions that may be entered into by the Parent
Borrower or any Subsidiary pursuant to which the Parent Borrower or any
Subsidiary may sell, convey or otherwise transfer to a Receivables Entity or any
other Person, or may grant a security interest in, any Receivables (whether now
existing or arising in the future) of the Parent Borrower or any Subsidiary,
and any assets related thereto including all collateral securing such
Receivables, all contracts and all guarantees or other obligations in respect
of such Receivables, the proceeds of such Receivables and other assets which
are customarily transferred, or in respect of which security interests are
customarily granted, in connection with sales, factoring or securitizations
involving Receivables.

 

“Ratings
Event”:  as defined in Section 5.11(b).

 

“Rebasing Date”:  as
defined in Section 2.6(o)(i).

 

“Receivable”:  a right to receive payment arising from a
sale or lease of goods or the performance of services by a Person pursuant to
an arrangement with another Person pursuant to which such other Person is
obligated to pay for goods or services under terms that permit the purchase of
such goods and services on credit and shall include, in any event, any items of
property that would be classified as an “account”, “chattel paper”, a “payment
intangible” or an “instrument” under the UCC as in effect in the State of New
York and any “supporting obligations” (as so defined) of such items.

 

25

 

“Receivables
Entity”:  either (a) any
Subsidiary or (b) another Person to which the Parent Borrower or any
Subsidiary transfers Receivables and related assets, in either case which
engages in no activities other than in connection with the financing of
Receivables:

 

(i)            no portion of
the Indebtedness or any other obligations (contingent or otherwise) of which:

 

(A)          is guaranteed by the Parent Borrower or any
Subsidiary (excluding guarantees of obligations (other than the principal of,
and interest on, Indebtedness) pursuant to Standard Receivables Undertakings);

 

(B)           is recourse to or obligates the Parent Borrower or
any Subsidiary in any way other than pursuant to Standard Receivables
Undertakings; or

 

(C)           subjects any property or asset of the Parent
Borrower or any Subsidiary, directly or indirectly, contingently or otherwise,
to the satisfaction thereof, other than pursuant to Standard Receivables
Undertakings;

 

(ii)           with which
neither the Parent Borrower nor any Subsidiary has any material contract,
agreement, arrangement or understanding (except in connection with a purchase
money note or Qualified Receivables Transaction permitted by Section 6.6(c))
other than (A) on terms, taken as a whole, no less favorable to the Parent
Borrower or such Subsidiary than those that might be obtained at the time from
Persons that are not Affiliates of the Parent Borrower or (B) for the
payment of fees in the ordinary course of business in connection with servicing
Receivables; and

 

(iii)          to which
neither the Parent Borrower nor any Subsidiary has any obligation to maintain
or preserve such entity’s financial condition or cause such entity to achieve
certain levels of operating results.

 

“Receivables
Transaction Attributed Indebtedness”: 
(a) in the case of any Receivables securitization (including any
Qualified Receivables Transaction, but excluding any sale or factoring of
Receivables), the amount of obligations outstanding under the legal documents
entered into as part of such Receivables securitization on any date of
determination that would be characterized as principal if such Receivables
securitization were structured as a secured lending transaction rather than as
a purchase and (b) in the case of any sale or factoring of Receivables,
the cash purchase price paid by the buyer in connection with its purchase of
Receivables (including any bills of exchange) less the amount of
collections received in respect of such Receivables and paid to such buyer,
excluding any amounts applied to purchase fees or discount or in the nature of
interest, in each case as determined in good faith and in a consistent and
commercially reasonable manner by the Parent Borrower (provided that if
such method of calculation is not applicable to such sale or factoring of
Receivables, the amount of Receivables Transaction Attributed Indebtedness
associated therewith shall be determined in a manner mutually acceptable to the
Parent Borrower and the Administrative Agent).

 

“Reference
Period”:  as defined in the
definition of Consolidated EBITDA.

 

“Refinanced
Term Loans”:  as defined in Section 9.2(c)(i).

 

“Register”:  as defined in Section 9.4(c).

 

26

 

“Reimbursement
Obligation”:  the obligation of each
relevant Borrower to reimburse the applicable Issuing Lender pursuant to Section 2.5
for amounts drawn under Letters of Credit.

 

“Related
Parties”:  with respect to any
specified Person, such Person’s Affiliates and the respective directors,
officers, employees, agents, trustees and advisors of such Person and such
Person’s Affiliates.

 

“Release
Date”:  as defined in Section 9.13(a).

 

“Replacement
Term Loans”:  as defined in Section 9.2(c)(i).

 

“Required
Lenders”:  at any time, Lenders
holding in the aggregate more than 50% of the sum (without duplication) of
unfunded Revolving Commitments, unfunded Foreign Credit Commitments,
outstanding Loans, participations in outstanding Letters of Credit,
participations in outstanding Foreign Credit Instruments, participations in
Reimbursement Obligations and participations in Foreign Credit Reimbursement
Obligations.

 

“Requirement
of Law”:  as to any Person, the
certificate of incorporation and by-laws or other organizational or governing
documents of such Person, and any law, treaty, rule or regulation or
determination of an arbitrator or a court or other Governmental Authority, in
each case applicable to or binding upon such Person or any of its property or
to which such Person or any of its property is subject.

 

“Reset
Date”:  as defined in Section 1.5(a).

 

“Restricted
Payment”:  any dividend or other
distribution (whether in cash, securities or other property) with respect to
any Capital Stock of the Parent Borrower or any Subsidiary, or any payment
(whether in cash, securities or other property), including any sinking fund or
similar deposit, on account of the purchase, redemption, retirement,
acquisition, cancellation or termination of any Capital Stock of the Parent
Borrower or any Subsidiary or any option, warrant or other right to acquire any
such Capital Stock of the Parent Borrower or any Subsidiary.

 

“Revolving
Commitments”:  the aggregate of the
Domestic Revolving Commitments and the Global Revolving Commitments.

 

“S&P”:  Standard & Poor’s.

 

“Sale/Leaseback
Transaction”:  as defined in Section 6.7.

 

“Security
Documents”:  the Guarantee and
Collateral Agreement and any other security documents granting a Lien on any
property of any Person to secure the obligations of any Loan Party under any
Loan Document.

 

“Senior
Note Indenture”:  the Indenture
entered into by the Parent Borrower in connection with the issuance of the
Senior Notes, together with all supplemental indentures, instruments and other
agreements entered into by the Parent Borrower in connection therewith so long
as the foregoing do not increase the aggregate principal amount of Senior Notes
outstanding thereunder.

 

“Senior
Notes”:  the collective reference to (a) the
7.5% senior notes due 2013 of the Parent Borrower having an aggregate initial
principal amount of $500,000,000 issued on or about December 27, 2002 and (b) the
6.25% senior notes due 2011 of the Parent Borrower having an aggregate initial
principal

 

27

 

amount
of $300,000,000 issued on or about June 15, 2003; provided that the
aggregate outstanding principal amount of Senior Notes shall not exceed
$50,000,000.

 

“Specified
Cash Management Agreement”:  (a) any
agreement providing for treasury, depositary or cash management services,
including in connection with any automated clearing house transfers of funds or
any similar transactions between the Parent Borrower or any Subsidiary
Guarantor and any Lender or Affiliate thereof, existing on the Effective Date
and (b) any agreement providing for treasury, depositary or cash
management services, including in connection with any automated clearing house
transfers of funds or any similar transactions between the Parent Borrower or
any Subsidiary Guarantor and any Lender or Affiliate thereof, which has been
designated by the Parent Borrower, by notice to the Administrative Agent not
later than 90 days after the execution and delivery of such agreement by the
Parent Borrower or such Subsidiary Guarantor, as a “Specified Cash Management
Agreement”.

 

“Specified
Indebtedness”:  (a) any
Indebtedness Incurred as permitted by Section 6.2(f), (g), (h) or
(k), and (b) any secured Indebtedness Incurred as permitted by Section 6.2(j) or
(p).

 

“Standard
Receivables Undertakings”: 
representations, warranties, covenants and indemnities entered into by
the Parent Borrower or any Subsidiary which are reasonably customary in sale,
factoring or securitization of Receivables transactions.

 

“Sterling”
and “£” mean the lawful currency of the United Kingdom.

 

“Subordinated
Debt”:  any Indebtedness Incurred by
the Parent Borrower as permitted by Section 6.2(b).

 

“Subordinated
Debt Documents”:  all indentures,
instruments, agreements and other documents evidencing or governing the
Subordinated Debt or providing for any Guarantee or other right in respect
thereof.

 

“Subsidiary”:  with respect to any Person (the “parent”)
at any date, any corporation, limited liability company, partnership,
association or other entity the accounts of which would be consolidated with
those of the parent in the parent’s consolidated financial statements if such
financial statements were prepared in accordance with GAAP as of such date, as
well as any other corporation, limited liability company, partnership,
association or other entity (a) of which securities or other ownership
interests representing more than 50% of the equity or more than 50% of the
ordinary voting power or, in the case of a partnership, more than 50% of the
general partnership interests are, as of such date, owned, controlled or held,
or (b) that is, as of such date, otherwise Controlled, by the parent or
one or more Subsidiaries of the parent or by the parent and one or more
Subsidiaries of the parent.  Unless
otherwise qualified, all references to a “Subsidiary” or to “Subsidiaries” in
this Agreement shall refer to a Subsidiary or Subsidiaries of the Parent
Borrower.

 

“Subsidiary
Guarantor”:  any Subsidiary that has
guaranteed the Obligations pursuant to the Guarantee and Collateral
Agreement.  For the avoidance of doubt,
no Foreign Subsidiary, Subsidiary of a Foreign Subsidiary, or Receivables
Entity shall be, or shall be required to become, a Subsidiary Guarantor.

 

“Swingline
Exposure”:  at any time, the
aggregate principal amount of all Swingline Loans outstanding at such
time.  The Swingline Exposure of any
Lender at any time shall be its Applicable Percentage of the total Swingline
Exposure at such time.

 

28

 

“Swingline
Lender”:  Bank of America, N.A., in
its capacity as lender of Swingline Loans hereunder.

 

“Swingline
Loan”:  a Loan made pursuant to Section 2.4.

 

“Swingline
Note”: as defined in Section 2.10(d).

 

“Taxes”:  any and all present or future taxes, levies,
imposts, duties, deductions, charges or withholdings imposed by any
Governmental Authority, including any interest, additions to tax or penalties
applicable thereto.

 

“Tender
Guarantee”:  a customary standby
letter of credit or bank guarantee or surety issued by a Foreign Issuing Lender
in favor of (actual or prospective) counterparties of the Parent Borrower or
any of its Subsidiaries for the purpose of securing the obligations assumed
under any tender, for construction work or other services.

 

“Term
Loan Commitment”:  with respect to
each Lender, its obligation to make its portion of the Initial Term Loan to the
Parent Borrower in the principal amount not to exceed the amount set forth
under the heading “Term Loan Commitment” opposite such Lender’s name on Schedule
1.1A hereto.  The aggregate principal
amount of the Lenders’ Term Loan Commitments is $750,000,000 as of the
Effective Date.

 

“Term
Loan Facility”:  as defined in the
definition of Facility.

 

“Term
Loan Maturity Date”:  September 21,
2012.

 

“Term
Loans”:  Initial Term Loans and
Incremental Term Loans.

 

“Term
Note”: as defined in Section 2.10(d).

 

“Total
Consolidated Assets”:  as at any date
of determination, the total assets of the Parent Borrower and its consolidated
Subsidiaries, determined in accordance with GAAP, as of the last day of the
fiscal quarter ended immediately prior to the date of such determination for
which financial statements have been (or are required pursuant to Section 5.1(a) or
(b) to have been) delivered to the Administrative Agent pursuant to
Section 5.1(a) or (b).

 

“Total
Domestic Exposure”:  at any time, the
sum of the total Domestic Revolving Exposures.

 

“Total
Foreign Trade Exposure”:  at any
time, the sum of the total Foreign Trade Exposures.

 

“Total
Global Exposure”:  at any time, the
sum of the total Global Revolving Exposures.

 

“Transactions”:  the execution, delivery and performance by
each Loan Party of the Loan Documents to which it is to be a party, the
borrowing of Loans, the use of the proceeds thereof and the issuance of Letters
of Credit and Foreign Credit Instruments hereunder.

 

“Treaty”:  the Treaty establishing the European Economic
Community, being the Treaty of Rome of March 25, 1957 as amended by the
Single European Act 1986 and the Maastricht Treaty (which was signed on February 7,
1992 and came into force on November 1, 1993) and as may from time to time
be further amended, supplemented or otherwise modified.

 

29

 

“Type”:  when used in reference to any Loan or
Borrowing, refers to the rate by reference to which interest on such Loan, or
on the Loans comprising such Borrowing, is determined and the currency in which
such Loan, or the Loans comprising such Borrowing, are denominated.  For purposes hereof, “rate” shall include the
Adjusted LIBO Rate and the Alternate Base Rate, and “currency” shall include
Dollars and any Qualified Global Currency permitted hereunder.

 

“UCC”:  for any jurisdiction, the Uniform Commercial
Code applicable in such jurisdiction.

 

“Utilization
Date”:  as defined in Section 2.6(g)(i).

 

“Utilization
Reduction Notice”:  as defined in Section 2.6(k)(i).

 

“Utilization
Request”:  as defined in Section 2.6(c).

 

“Warranty
Guarantee”:  a customary standby
letter of credit or bank guarantee or surety issued by a Foreign Issuing Lender
in favor of customers of the Parent Borrower or any of its Subsidiaries for the
purpose of securing any warranty obligations of the Parent Borrower or such
Subsidiary.

 

“Wholly
Owned Subsidiary”:  as to any Person,
any other Person all of the Capital Stock of which (other than directors’,
foreign nationals’ and analogous qualifying shares required by law) is owned by
such Person directly and/or through other Wholly Owned Subsidiaries.

 

“Wholly
Owned Subsidiary Guarantor”:  any
Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Parent Borrower.

 

“Withdrawal
Liability”:  liability to a
Multiemployer Plan as a result of a complete or partial withdrawal from such
Multiemployer Plan, as such terms are defined in Part I of Subtitle E of
Title IV of ERISA.

 

Section 1.2.            Classification of Loans and
Borrowings.

 

For
purposes of this Agreement, Loans may be classified and referred to by Class (e.g.,
a “Revolving Loan”) or by Type (e.g., a “Eurocurrency Loan”) or
by Class and Type (e.g., a “Eurocurrency Revolving Loan”).  Borrowings also may be classified and
referred to by Class (e.g., a “Revolving Borrowing”) or by Type
(e.g., a “Eurocurrency Borrowing”) or by Class and Type (e.g., a “Eurocurrency
Revolving Borrowing”).

 

Section 1.3.            Terms Generally.

 

The
definitions of terms herein shall apply equally to the singular and plural
forms of the terms defined.  Whenever the
context may require, any pronoun shall include the corresponding masculine,
feminine and neuter forms.  The words “include”,
“includes” and “including” shall be deemed to be followed by the phrase “without
limitation”.  The word “will” shall be
construed to have the same meaning and effect as the word “shall”.  Unless the context requires otherwise (a) any
definition of or reference to any agreement, instrument or other document
herein shall be construed as referring to such agreement, instrument or other
document as from time to time amended, supplemented or otherwise modified
(subject to any restrictions on such amendments, supplements or modifications
set forth herein), (b) any reference herein to any Person shall be
construed to include such Person’s successors and assigns, (c) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to
refer to this Agreement in its entirety and not to any particular provision
hereof, (d) all references herein to Articles, Sections, Exhibits and
Schedules shall be construed to refer to Articles and Sections of, and

 

30

 

Exhibits
and Schedules to, this Agreement, (e) the words “asset” and “property”
shall be construed to have the same meaning and effect and to refer to any and
all tangible and intangible assets and properties, including cash, securities,
accounts and contract rights and (f) where applicable, any amount (including
minimum borrowing, prepayment or repayment amounts) expressed in Dollars shall,
when referring to any currency other than Dollars, be deemed to mean an amount
of such currency having a Dollar Equivalent approximately equal to such amount.

 

Section 1.4.            Accounting Terms; GAAP.

 

Except
as otherwise expressly provided herein, all terms of an accounting or financial
nature shall be construed in accordance with GAAP, as in effect from time to
time; provided that if at any time after June 30, 2007 there shall occur
any change in respect of GAAP from that used in the preparation of audited
financial statements referred to in Section 5.1 in a manner that
would have a material effect on any matter under Article VI, the
Parent Borrower and the Administrative Agent will, within five Business Days of
notice from the Administrative Agent or the Parent Borrower, as the case may
be, to that effect, commence, and continue in good faith, negotiations with a
view towards making appropriate amendments to the provisions hereof acceptable
to the Required Lenders, to reflect as nearly as possible the effect of Article VI
as in effect on the date hereof; provided  further that, until
such notice shall have been withdrawn or the relevant provisions amended in
accordance herewith, Article VI shall be interpreted on the basis
of GAAP as in effect and applied immediately before such change shall have
become effective.

 

Section 1.5.            Exchange Rates.

 

(a)           Not later than 1:00 p.m.,
New York City time, on each Calculation Date, the Administrative Agent shall (i) determine
the Exchange Rate as of such Calculation Date to be used for calculating the
Dollar Equivalent amounts of each currency in which a Global Revolving Loan,
Alternative Currency Letter of Credit or unreimbursed LC Disbursement is
denominated and (ii) give notice thereof to the Parent Borrower.  The Exchange Rates so determined shall become
effective on the first Business Day immediately following the relevant
Calculation Date (a “Reset Date”), shall remain effective until the next
succeeding Reset Date and shall for all purposes of this Agreement (other than
for the purpose of converting into Dollars, under Sections 2.5(d), (e),
(h), (j) and (k) and 2.14(b), the
obligations of the Borrowers and the Domestic Revolving Lenders in respect of
LC Disbursements that have not been reimbursed when due) be the Exchange Rates
employed in converting any amounts between the applicable currencies.

 

(b)           Not later than 5:00 p.m.,
New York City time, on each Reset Date, the Administrative Agent shall (i) determine
the Global Revolving Exposure or the Alternative Currency LC Exposure, as the
case may be, on such date (after giving effect to any Global Revolving Loans to
be made or any Alternative Currency Letters of Credit to be issued, renewed, extended
or terminated in connection with such determination) and (ii) notify the
Parent Borrower and, if applicable, each Issuing Lender of the results of such
determination.

 

Section 1.6.            Currency Conversion.

 

(a)           If more than one currency or
currency unit are at the same time recognized by the central bank of any
country as the lawful currency of that country, then (i) any reference in
the Loan Documents to, and any obligations arising under the Loan Documents in,
the currency of that country shall be translated into or paid in the currency
or currency unit of that country designated by the Administrative Agent and (ii) any
translation from one currency or currency unit to another shall be at the
official rate of exchange recognized by the central bank for conversion of that
currency or currency unit into the other,

 

31

 

rounded
up or down by the Administrative Agent or the Foreign Trade Facility Agent, as
applicable, as it deems appropriate.

 

(b)           If a change in any currency
of a country occurs, this Agreement shall be amended (and each party hereto
agrees to enter into any supplemental agreement necessary to effect any such
amendment) to the extent that the Administrative Agent specifies to be
necessary to reflect the change in currency and to put the Lenders in the same
position, so far as possible, that they would have been in if no change in
currency had occurred.

 

Section 1.7.            Times of Day.

 

Unless
otherwise specified, all references herein to times of day shall be references
to New York City time (daylight or standard, as applicable).

 

Section 1.8.            Face Amount.

 

Unless
otherwise specified herein, the Face Amount of a Letter of Credit, Foreign
Credit Instrument or Joint Signature Foreign Credit Instrument at any time
shall be deemed to be the stated amount of such Letter of Credit, Foreign
Credit Instrument or Joint Signature Foreign Credit Instrument in effect at
such time; provided, however, that with respect to any Letter of
Credit, Foreign Credit Instrument or Joint Signature Foreign Credit Instrument
that, by its terms or the terms of any form of letter of credit application or
other agreement submitted by a Borrower to, or entered into by a Borrower with,
the applicable Issuing Lender or Foreign Issuing Lender, as applicable,
relating to such Letter of Credit, Foreign Credit Instrument or Joint Signature
Foreign Credit Instrument, provides for one or more automatic increases in the
stated amount thereof, the amount of such Letter of Credit, Foreign Credit
Instrument or Joint Signature Foreign Credit Instrument shall be deemed to be
the maximum stated amount of such Letter of Credit, Foreign Credit Instrument
or Joint Signature Foreign Credit Instrument after giving effect to all such
increases, whether or not such maximum stated amount is in effect at such time.

 

ARTICLE
II

 

THE
CREDITS

 

Section 2.1.            Commitments; Incremental
Facilities.

 

(a)           Subject to the terms and conditions set forth
herein, each relevant Lender agrees (i) to severally make Initial Term
Loans in Dollars to the Parent Borrower on the Effective Date in an aggregate
principal amount not exceeding the Term Loan Commitment of such Lender, (ii) to
severally make Domestic Revolving Loans in Dollars to the Parent Borrower from
time to time during the Domestic Revolving Availability Period in an aggregate
principal amount that will not result in such Lender’s Domestic Revolving
Exposure exceeding such Lender’s Domestic Revolving Commitment and (iii) to
severally make Global Revolving Loans in Dollars or one or more Qualified
Global Currencies (as specified in the Borrowing Requests with respect thereto)
to any Borrower from time to time during the Global Revolving Availability
Period in an aggregate principal amount that will not result in such Lender’s
Global Revolving Exposure exceeding such Lender’s Global Revolving
Commitment.  Within the foregoing limits
and subject to the terms and conditions set forth herein, the Parent Borrower
may borrow, prepay and reborrow Domestic Revolving Loans, and any Borrower may
borrow, prepay and reborrow Global Revolving Loans.  Amounts repaid in respect of Term Loans may
not be reborrowed.

 

32

 

(b)           So long as no Default or
Event of Default (including, on a pro forma basis, pursuant to Section 6.1)
shall be in existence or would be caused thereby, the Parent Borrower and any one
or more Lenders may from time to time agree that such Lenders (or any other
additional bank, financial institution or other entity which becomes a Lender
pursuant to this Section 2.1(b)) shall add an additional term loan
facility (the loans thereunder, the “Incremental Term Loans”) and/or
increase the Commitments in respect of any of the Facilities by executing and
delivering to the Administrative Agent and, in the case of any increase in the
Foreign Credit Commitments, the Foreign Trade Facility Agent an Incremental
Facility Activation Notice specifying (i) the amount of such Incremental
Term Loans and/or Commitment increase, and (ii) in the case of any
Incremental Term Loans, (A) the applicable Incremental Term Loan Maturity
Date, (B) the amortization schedule for such Incremental Term Loans, which
shall comply with Section 2.11(b) and (C) the Applicable
Rate for such Incremental Term Loans; provided that the aggregate
principal amount of borrowings of Incremental Term Loans and Commitment
increases shall not exceed $400,000,000. 
If the Applicable Rate for such Incremental Term Loans (which, for such
purposes only, shall be deemed to include all upfront or similar fees or
original issue discount payable to all Lenders providing such Incremental
Loans, with such fees or discount being equated to the interest rates in a
manner reasonably determined by the Administrative Agent in consultation with
the Parent Borrower based on an assumed four-year life to maturity) exceeds the
Applicable Rate for the other Term Loans by more than 0.50%, the Applicable
Rate relating to such other Term Loans shall be adjusted to be equal to the
Applicable Rate for such Incremental Term Loans (which, for such purposes only,
shall be deemed to include all upfront or similar fees or original issue
discount payable to all Lenders providing such Incremental Loans, calculated in
the manner provided above) minus 0.50%. 
Except for pricing, amortization and maturity, the terms of the
Incremental Term Loans will be the same as the terms of the Initial Term
Loans.  In the case of any increase in
the Commitments under any Facility (other than any Incremental Term Loan
Facility), the terms applicable to such increased Commitments and the Loans
thereunder shall be the same as the terms applicable to the Facility being so
increased.  In the case of any increase
of the Domestic Revolving Facility or the Global Revolving Facility, any new
Lender added in connection with such increase must be reasonably acceptable to
the Administrative Agent.  In the case of
any increase of the Foreign Trade Facility, any new Lender added in connection
with such increase must be reasonably acceptable to the Administrative Agent
and the Foreign Trade Facility Agent.  No
Lender shall have any obligation to participate in any Incremental Term Loan or
other increase described in this paragraph unless it agrees to do so in its
sole discretion.  Any additional bank,
financial institution or other entity which, with the consent of the Borrower
and the Administrative Agent, and, if applicable, the Foreign Trade Facility
Agent (which consent shall not be unreasonably withheld), elects to become a “Lender”
under this Agreement in connection with the making of any Incremental Term Loan
or the making of any additional Commitment shall execute a New Lender
Supplement, whereupon such bank, financial institution or other entity shall
become a Lender for all purposes and to the same extent as if originally a
party hereto and shall be bound by and entitled to the benefits of this Agreement.

 

Section 2.2.            Loans and Borrowings.

 

(a)           Each Loan (other than a
Swingline Loan) shall be made as part of a Borrowing consisting of Loans of the
same Class and Type made by the Lenders ratably in accordance with their
respective Commitments of the applicable Class. 
The failure of any Lender to make any Loan required to be made by it
shall not relieve any other Lender of its obligations hereunder.

 

(b)           Subject to Section 2.16,
(i) each Revolving Borrowing denominated in Dollars and each Term Loan Borrowing
shall be comprised entirely of ABR Loans or Eurocurrency Loans as the relevant
Borrower may request in accordance herewith and (ii) each Qualified Global
Currency Borrowing shall be comprised entirely of Eurocurrency Loans.  Each Swingline Loan shall be an ABR
Loan.  Each Lender at its option may make
any Eurocurrency Loan by causing any domestic or foreign branch or Affiliate of

 

33

 

such
Lender to make such Loan; provided that any exercise of such option
shall not affect the obligation of the relevant Borrower to repay such Loan in
accordance with the terms of this Agreement.

 

(c)           At the commencement of each
Interest Period for any Eurocurrency Borrowing, such Borrowing shall be in an
aggregate amount that is an integral multiple of $1,000,000 and not less than
$10,000,000.  At the time that each ABR
Revolving Borrowing is made, such Borrowing shall be in an aggregate amount
that is an integral multiple of $1,000,000 and not less than $5,000,000; provided
that (i) a Borrowing of ABR Domestic Revolving Loans may be in an
aggregate amount that is equal to the entire unused balance of the total
Domestic Revolving Commitments or that is required to finance the reimbursement
of an LC Disbursement as contemplated by Section 2.5(e) and (ii) a
Borrowing of ABR Global Revolving Loans may be in an aggregate amount that is
equal to the entire unused balance of the total Global Revolving
Commitments.  Each Swingline Loan shall
be in an amount that is an integral multiple of $500,000 and not less than
$500,000.  No more than 10 Eurocurrency
Borrowings may be outstanding at any one time under each Facility.

 

(d)           Notwithstanding any other
provision of this Agreement, a Borrower shall not be entitled to request, or to
elect to convert or continue, any Borrowing if the Interest Period requested
with respect thereto would end after the Domestic Revolving Maturity Date,  Global Revolving Maturity Date, Term Loan
Maturity Date or Incremental Term Loan Maturity Date, as applicable.

 

Section 2.3.            Requests for Borrowings.

 

To
request a Borrowing of Domestic Revolving Loans or Global Revolving Loans or a
Term Loan Borrowing, the relevant Borrower shall notify the Administrative
Agent of such request by telephone (a) in the case of a Eurocurrency
Borrowing denominated in Dollars, not later than 11:00 a.m., New York City
time three Business Days before the date of the proposed Borrowing, (b) in
the case of a Eurocurrency Borrowing denominated in a Qualified Global
Currency, not later than 11:00 a.m., New York City time four Business Days
before the date of the proposed Borrowing or (c) in the case of an ABR
Borrowing, not later than 11:00 a.m., New York City time, one Business Day
before the date of the proposed Borrowing; provided that any such notice
of a Borrowing of ABR Domestic Revolving Loans to finance the reimbursement of
an LC Disbursement as contemplated by Section 2.5(e) may be
given not later than 10:00 a.m., New York City time, on the date of the
proposed Borrowing.  Each such telephonic
Borrowing Request shall be irrevocable and shall be confirmed promptly by
delivery to the Administrative Agent of a written Borrowing Request in a form
approved by the Administrative Agent and (x) signed by the Parent Borrower
and, in the case of Borrowings by a Foreign Subsidiary Borrower, such Foreign
Subsidiary Borrower or (y) in the case of Borrowings by a Foreign
Subsidiary Borrower, signed by the Parent Borrower or such Foreign Subsidiary
Borrower, as specified by the Parent Borrower by prior written notice to the
Administrative Agent.  Each such
telephonic and written Borrowing Request shall specify the following
information in compliance with Section 2.2:  (i) the Borrower requesting such
Borrowing (and be signed on behalf of such Borrower); (ii) the Class and
Type of the requested Borrowing; (iii) the aggregate amount of such
Borrowing; (iv) the date of such Borrowing, which shall be a Business Day;
(v) in the case of a Eurocurrency Borrowing, the initial Interest Period
to be applicable thereto; (vi) the location and number of the relevant
Borrower’s account to which funds are to be disbursed, which shall comply with
the requirements of Section 2.7; and (vii) the currency of
such Borrowing (which shall be in Dollars in the case of Term Loans, Domestic
Revolving Loans and Swingline Loans, and otherwise shall be in Dollars or a
Qualified Global Currency).  If no
election as to the currency of a Borrowing of Global Revolving Loans is
specified in any such notice, then the requested Borrowing shall be denominated
in Dollars.  If no election as to the
Type of Borrowing is specified, then the requested Borrowing shall be an ABR
Borrowing if denominated in Dollars or a Eurocurrency Borrowing if denominated
in a Qualified Global Currency.  If no
Interest Period is specified with respect to any requested Eurocurrency
Borrowing, then the relevant Borrower shall be deemed to have selected

 

34

 

an
Interest Period of one month’s duration. 
Promptly following receipt of a Borrowing Request in accordance with
this Section, the Administrative Agent shall advise each relevant Lender of the
details thereof and of the amount of such Lender’s Loan to be made as part of
the requested Borrowing.

 

Section 2.4.            Swingline Loans.

 

(a)           Subject to the terms and
conditions set forth herein, the Swingline Lender agrees to make Swingline
Loans to the Parent Borrower from time to time during the Domestic Revolving
Availability Period, in an aggregate principal amount at any time outstanding
that will not result in (i) the aggregate principal amount of outstanding
Swingline Loans exceeding $40,000,000 or (ii) the sum of the total
Domestic Revolving Exposures exceeding the total Domestic Revolving
Commitments; provided that the Swingline Lender shall not be required to
make a Swingline Loan to refinance an outstanding Swingline Loan.  Within the foregoing limits and subject to
the terms and conditions set forth herein, the Parent Borrower may borrow,
prepay and reborrow Swingline Loans.

 

(b)           To request a Swingline Loan,
notwithstanding anything herein to the contrary, the Parent Borrower shall
notify the Administrative Agent of such request by telephone (confirmed by
telecopy promptly thereafter), not later than 12:00 noon, New York City time,
on the day of a proposed Swingline Loan. 
Each such notice shall be irrevocable and shall specify the requested
date (which shall be a Business Day) and amount of the requested Swingline
Loan.  The Administrative Agent will
promptly advise the Swingline Lender of any such notice received from the
Parent Borrower.  The Swingline Lender
shall make each Swingline Loan available to the Parent Borrower by wiring the
amount to the account designated by the Parent Borrower in the request for such
Swingline Loan (or, in the case of a Swingline Loan made to finance the
reimbursement of an LC Disbursement as provided in Section 2.5(e),
by remittance to the applicable Issuing Lender) by 3:00 p.m., New York
City time, on the requested date of such Swingline Loan.

 

(c)           The Swingline Lender may by
written notice given to the Administrative Agent not later than 12:00 noon, New
York City time, on any Business Day require the Domestic Revolving Lenders to
acquire participations on such Business Day in all or a portion of the
Swingline Loans outstanding.  Such notice
shall specify the aggregate amount of Swingline Loans in which Domestic
Revolving Lenders will participate. 
Promptly upon receipt of such notice, the Administrative Agent will give
notice thereof to each Domestic Revolving Lender, specifying in such notice
such Lender’s Applicable Percentage of such Swingline Loans.  Each Domestic Revolving Lender hereby
absolutely and unconditionally agrees, upon receipt of notice as provided
above, to pay to the Administrative Agent, for the account of the Swingline
Lender, such Lender’s Applicable Percentage of such Swingline Loans.  Each Domestic Revolving Lender acknowledges
and agrees that its obligation to acquire participations in Swingline Loans
pursuant to this paragraph is absolute and unconditional and shall not be
affected by any circumstance whatsoever, including the occurrence and
continuance of a Default or Event of Default or reduction or termination of the
Commitments, and that each such payment shall be made without any offset,
abatement, withholding or reduction whatsoever. 
Each Domestic Revolving Lender shall comply with its obligation under
this paragraph by wire transfer of immediately available funds, in the same
manner as provided in Section 2.7 with respect to Loans made by
such Lender (and Section 2.7 shall apply, mutatis
mutandis, to the payment obligations of the Domestic Revolving
Lenders), and the Administrative Agent shall promptly pay to the Swingline
Lender the amounts so received by it from the Domestic Revolving Lenders.  The Administrative Agent shall notify the
Parent Borrower of any participations in any Swingline Loan acquired pursuant
to this paragraph, and thereafter payments in respect of such Swingline Loan
shall be made to the Administrative Agent and not to the Swingline Lender.  Any amounts received by the Swingline Lender
from the Parent Borrower (or other party on behalf of the Parent Borrower) in
respect of a Swingline Loan after receipt by the Swingline Lender of the proceeds
of a sale of participations therein shall be promptly remitted to the
Administrative Agent; any such amounts received by the

 

35

 

Administrative
Agent shall be promptly remitted by the Administrative Agent to the Domestic
Revolving Lenders that shall have made their payments pursuant to this
paragraph and to the Swingline Lender, as their interests may appear.  The purchase of participations in a Swingline
Loan pursuant to this paragraph shall not relieve the Parent Borrower of its
obligation to repay such Swingline Loan.

 

Section 2.5.            Letters of Credit.

 

(a)           General.  Subject to the terms and conditions set forth
herein, any Borrower may request the issuance of Letters of Credit for its own
account, in a form reasonably acceptable to the Administrative Agent and the
applicable Issuing Lender, at any time and from time to time during the
Domestic Revolving Availability Period. 
Notwithstanding the foregoing, the account party for each Letter of
Credit shall be the Parent Borrower or the relevant Foreign Subsidiary
Borrower, as specified by the Administrative Agent and the applicable Issuing
Lender in consultation with the Parent Borrower.  In the event of any inconsistency between the
terms and conditions of this Agreement and the terms and conditions of any form
of letter of credit application or other agreement submitted by a Borrower to,
or entered into by a Borrower with, the applicable Issuing Lender relating to
any Letter of Credit, the terms and conditions of this Agreement shall
control.  The letters of credit described
on Schedule 2.5 (the “Existing Letters of Credit”) shall be
deemed to be “Letters of Credit” for all purposes of this Agreement and the
other Loan Documents.

 

(b)           Notice of Issuance, Amendment,
Renewal, Extension; Certain Conditions.  To request the issuance of a Letter of Credit
(or the amendment, renewal or extension of an outstanding Letter of Credit),
the relevant Borrower shall deliver to the applicable Issuing Lender and the
Administrative Agent (reasonably in advance of the requested date of issuance,
amendment, renewal or extension) a notice specifying the name of the relevant
Borrower and requesting the issuance of a Letter of Credit, or identifying the
Letter of Credit to be amended, renewed or extended, and specifying the date of
issuance, amendment, renewal or extension (which shall be a Business Day), the
date on which such Letter of Credit is to expire (which shall comply with
paragraph (c) of this Section), the amount of such Letter of Credit, the
currency in which such Letter of Credit is to be denominated (which shall be
Dollars or, subject to Section 2.22, an Alternative Currency), the
name and address of the beneficiary thereof and such other information as shall
be necessary to prepare, amend, renew or extend such Letter of Credit.  If requested by the applicable Issuing
Lender, the relevant Borrower also shall submit a letter of credit application
on such Issuing Lender’s standard form in connection with any request for a
Letter of Credit.  Following receipt of
such notice and prior to the issuance of the requested Letter of Credit, the
Administrative Agent shall calculate the Dollar Equivalent of such Letter of
Credit and shall notify the Parent Borrower, the relevant Borrower and the
applicable Issuing Lender of the amount of the Total Domestic Exposure after
giving effect to (i) the issuance of such Letter of Credit, (ii) the
issuance or expiration of any other Letter of Credit that is to be issued or
will expire prior to the requested date of issuance of such Letter of Credit
and (iii) the borrowing or repayment of any Domestic Revolving Loans or
Swingline Loans that (based upon notices delivered to the Administrative Agent
by the Parent Borrower) are to be borrowed or repaid prior to the requested
date of issuance of such Letter of Credit. 
A Letter of Credit shall be issued, amended, renewed or extended only if
(and upon issuance, amendment, renewal or extension of each Letter of Credit
the Parent Borrower and the relevant Borrower shall be deemed to represent and
warrant that), after giving effect to such issuance, amendment, renewal or
extension (A) the aggregate outstanding principal amount of all Domestic
Revolving Loans plus the amount of all LC Exposure shall not exceed
$400,000,000 and (B) the Total Domestic Exposure shall not exceed the
total Domestic Revolving Commitments.

 

(c)           Expiration Date.  Each Letter of Credit shall expire at or
prior to the close of business on the earlier of (i) the date one year
after the date of the issuance of such Letter of Credit (or, in the case of any
renewal or extension thereof, one year after such renewal or extension) and (ii) the
date that is five

 

36

 

Business
Days prior to the Domestic Revolving Maturity Date; provided that
notwithstanding the foregoing, Letters of Credit having an aggregate face
amount not in excess of $150,000,000 may provide for an expiration date that is
more than one year after the date of issuance, renewal or extension, so long as
such expiration date does not extend beyond the date referred to in clause (ii) above.

 

(d)           Participations.  By the issuance of a Letter of Credit (or an
amendment to a Letter of Credit increasing the amount thereof) and without any
further action on the part of the applicable Issuing Lender or the Lenders, the
applicable Issuing Lender hereby grants to each Domestic Revolving Lender, and
each Domestic Revolving Lender hereby acquires from such Issuing Lender, a
participation in such Letter of Credit equal to such Lender’s Applicable
Percentage of the aggregate amount available to be drawn under such Letter of
Credit.  In consideration and in
furtherance of the foregoing, each Domestic Revolving Lender hereby absolutely
and unconditionally agrees to pay to the Administrative Agent in Dollars, for
the account of such Issuing Lender, such Lender’s Applicable Percentage of (i) each
LC Disbursement made by such Issuing Lender in Dollars and (ii) the Dollar
Equivalent, using the Exchange Rates on the date such payment is required, of
each LC Disbursement made by such Issuing Lender in an Alternative Currency
and, in each case, not reimbursed by the relevant Borrower on the date due as
provided in paragraph (e) of this Section, or of any reimbursement payment
required to be refunded to such Borrower for any reason (or, if such
reimbursement payment was refunded in an Alternative Currency, the Dollar
Equivalent thereof using the Exchange Rates on the date of such refund).  Each Domestic Revolving Lender acknowledges
and agrees that its obligation to acquire participations pursuant to this
paragraph in respect of Letters of Credit is absolute and unconditional and
shall not be affected by any circumstance whatsoever, including any amendment,
renewal or extension of any Letter of Credit or the occurrence and continuance
of a Default or Event of Default or reduction or termination of the Domestic
Revolving Commitments, and that each such payment shall be made without any
offset, abatement, withholding or reduction whatsoever.

 

(e)           Reimbursement.  If the applicable Issuing Lender shall make
any LC Disbursement in respect of a Letter of Credit, the relevant Borrower
shall reimburse such LC Disbursement by paying to the Administrative Agent an
amount equal to such LC Disbursement plus any interim interest incurred
pursuant to paragraph (h) of this Section for (x) LC
Disbursements made in Dollars, in Dollars, or (y) LC Disbursements made in
an Alternative Currency, in an amount equal to the Dollar Equivalent,
calculated using the applicable Exchange Rate on the date such LC Disbursement
is made, of such LC Disbursement, in each case, not later than 12:00 noon, New
York City time or the relevant local time, as applicable, on the date that such
LC Disbursement is made, if such Borrower shall have received notice of such LC
Disbursement prior to 10:00 a.m., New York City time or the relevant local
time, as applicable, on such date, or, if such notice has not been received by
such Borrower prior to such time on such date, then not later than 12:00 noon,
New York City time or the relevant local time, as applicable, on the Business
Day immediately following the day that such Borrower receives such notice; provided
that, in the case of any LC Disbursement made in Dollars, the relevant Borrower
may, subject to the conditions to borrowing set forth herein, request in
accordance with Section 2.3 or 2.4 that such payment be
financed in Dollars with a Borrowing of ABR Domestic Revolving Loans or
Swingline Loan in an equivalent amount and, to the extent so financed, such
Borrower’s obligation to make such payment shall be discharged and replaced by
the resulting Borrowing of ABR Domestic Revolving Loans or Swingline Loan.  If the relevant Borrower fails to make such
payment when due, then (i) if such payment relates to an Alternative
Currency Letter of Credit, automatically and with no further action required,
such Borrower’s obligation to reimburse the applicable LC Disbursement shall be
permanently converted into an obligation to reimburse the Dollar Equivalent,
calculated using the Exchange Rates on the date when such payment was due, of
such LC Disbursement and (ii) the Administrative Agent shall promptly
notify the applicable Issuing Lender and each other Domestic Revolving Lender
of the applicable LC Disbursement, the Dollar Equivalent thereof (if such LC
Disbursement relates to an Alternative Currency Letter of Credit), the payment
then due from such Borrower in respect thereof and such Lender’s Applicable
Percentage

 

37

 

thereof.  Promptly following receipt of such notice,
each Domestic Revolving Lender shall pay to the Administrative Agent in Dollars
its Applicable Percentage of the payment then due from the relevant Borrower
(determined as provided in clause (i) above, if such payment relates to an
Alternative Currency Letter of Credit), in the same manner as provided in Section 2.7
with respect to Loans made by such Lender (and Section 2.7 shall
apply, mutatis mutandis, to the payment
obligations of the Domestic Revolving Lenders), and the Administrative Agent
shall promptly pay to the applicable Issuing Lender in Dollars the amounts so
received by it from the Domestic Revolving Lenders.  Promptly following receipt by the
Administrative Agent of any payment from any Borrower pursuant to this
paragraph, the Administrative Agent shall distribute such payment to the
applicable Issuing Lender or, to the extent that Domestic Revolving Lenders
have made payments pursuant to this paragraph to reimburse such Issuing Lender,
then to such Lenders and such Issuing Lender as their interests may
appear.  Any payment made by a Domestic
Revolving Lender pursuant to this paragraph to reimburse any Issuing Lender for
any LC Disbursement (other than the funding of ABR Domestic Revolving Loans or
a Swingline Loan as contemplated above) shall not constitute a Loan and shall
not relieve any Borrower of its obligation to reimburse such LC Disbursement.

 

(f)            Obligations Absolute.  A Borrower’s obligation to reimburse LC
Disbursements as provided in paragraph (e) of this Section shall be
absolute, unconditional and irrevocable, and shall be performed strictly in
accordance with the terms of this Agreement under any and all circumstances
whatsoever and irrespective of (i) any lack of validity or enforceability
of any Letter of Credit, any application for the issuance of a Letter of Credit
or this Agreement, or any term or provision therein, (ii) any draft or
other document presented under a Letter of Credit proving to be forged,
fraudulent or invalid in any respect or any statement therein being untrue or
inaccurate in any respect, (iii) payment by the applicable Issuing Lender
under a Letter of Credit against presentation of a draft or other document that
does not comply with the terms of such Letter of Credit, or (iv) any other
event or circumstance whatsoever, whether or not similar to any of the
foregoing, that might, but for the provisions of this Section, constitute a
legal or equitable discharge of, or provide a right of setoff against, such
Borrower’s obligations hereunder. 
Neither the Administrative Agent, the Lenders nor any Issuing Lender,
nor any of their Related Parties, shall have any liability or responsibility by
reason of or in connection with the issuance or transfer of any Letter of
Credit or any payment or failure to make any payment thereunder (irrespective
of any of the circumstances referred to in the preceding sentence), or any
error, omission, interruption, loss or delay in transmission or delivery of any
draft, notice or other communication under or relating to any Letter of Credit
(including any document required to make a drawing thereunder), any error in
interpretation of technical terms or any consequence arising from causes beyond
the control of the applicable Issuing Lender; provided that neither of
the foregoing sentences shall be construed to excuse such Issuing Lender from
liability to a Borrower to the extent of any direct damages (as opposed to
consequential damages, claims in respect of which are hereby waived by each
Borrower to the extent permitted by applicable law) suffered by such Borrower
that are caused by such Issuing Lender’s gross negligence, willful misconduct
or failure to exercise care when determining whether drafts and other documents
presented under a Letter of Credit comply with the terms thereof.  The parties hereto expressly agree that, in
the absence of gross negligence or willful misconduct on the part of an Issuing
Lender (as finally determined by a court of competent jurisdiction), such
Issuing Lender shall be deemed to have exercised care in each such
determination.  In furtherance of the
foregoing and without limiting the generality thereof, the parties agree that,
with respect to documents presented which appear on their face to be in
substantial compliance with the terms of a Letter of Credit, an Issuing Lender
may, in its sole discretion, either accept and make payment upon such documents
without responsibility for further investigation, regardless of any notice or
information to the contrary, or refuse to accept and make payment upon such
documents if such documents are not in strict compliance with the terms of such
Letter of Credit.

 

38

 

(g)           Disbursement Procedures.  The applicable Issuing Lender shall, promptly
following its receipt thereof, examine all documents purporting to represent a
demand for payment under a Letter of Credit. 
Such Issuing Lender shall promptly notify the Administrative Agent and
the relevant Borrower by telephone (confirmed by telecopy promptly thereafter)
of such demand for payment and whether such Issuing Lender has made or will
make an LC Disbursement thereunder; provided that any failure to give or
delay in giving such notice shall not relieve the relevant Borrower of its
obligation to reimburse such Issuing Lender and the Domestic Revolving Lenders
with respect to any such LC Disbursement.

 

(h)           Interim Interest.  If an Issuing Lender shall make any LC
Disbursement, then, unless the relevant Borrower shall reimburse such LC
Disbursement in full on the date such LC Disbursement is made, the unpaid
amount thereof shall bear interest, for each day from and including the date
such LC Disbursement is made to but excluding the date that such Borrower
reimburses such LC Disbursement, at the rate per annum then applicable to ABR
Domestic Revolving Loans; provided that, if such Borrower fails to
reimburse such LC Disbursement (including any interim interest incurred in
connection with such LC Disbursement pursuant to this paragraph) when due
pursuant to paragraph (e) of this Section, then Section 2.15(c) shall
apply; provided  further that, in the case of an LC Disbursement
made under an Alternative Currency Letter of Credit, the amount of interest due
with respect thereto shall (i) in the case of any LC Disbursement that is
reimbursed on or before the Business Day immediately succeeding such LC
Disbursement, (A) be payable in an amount equal to the Dollar Equivalent,
calculated using the applicable Exchange Rate on the date such LC Disbursement
is made, of such LC Disbursement and (B) if not reimbursed on the date of
such LC Disbursement, bear interest at a rate equal to the rate reasonably
determined by the applicable Issuing Lender to be the cost to such Issuing
Lender of funding such LC Disbursement plus the Applicable Rate applicable to
Eurocurrency Revolving Loans at such time and (ii) in the case of any LC
Disbursement that is reimbursed after the Business Day immediately succeeding
such LC Disbursement (A) be payable in Dollars, (B) accrue on the
Dollar Equivalent, calculated using the Exchange Rates on the date such LC
Disbursement was made, of such LC Disbursement and (C) bear interest at
the rate per annum then applicable to ABR Revolving Loans, subject to Section 2.15(c).  Interest accrued pursuant to this paragraph
shall be for the account of the applicable Issuing Lender, except that interest
accrued on and after the date of payment by any Domestic Revolving Lender pursuant
to paragraph (e) of this Section to reimburse such Issuing Lender
shall be for the account of such Lender to the extent of such payment.

 

(i)            Replacement of any Issuing
Lender.  Any Issuing Lender may be
replaced at any time by written agreement among the Parent Borrower, the
Administrative Agent, the replaced Issuing Lender and the successor Issuing
Lender.  The Administrative Agent shall
notify the Lenders of any such replacement of such Issuing Lender.  At the time any such replacement shall become
effective, the Parent Borrower shall pay all unpaid fees accrued for the
account of the replaced Issuing Lender pursuant to Section 2.14(b).  From and after the effective date of any such
replacement, (i) the successor Issuing Lender shall have all the rights
and obligations of such Issuing Lender under this Agreement with respect to
Letters of Credit to be issued thereafter and (ii) references herein to
the term “Issuing Lender” shall be deemed to refer to such successor or to any
previous Issuing Lender, or to such successor and all previous Issuing Lenders,
as the context shall require.  After the
replacement of an Issuing Lender hereunder, the replaced Issuing Lender shall
remain a party hereto and shall continue to have all the rights and obligations
of an Issuing Lender under this Agreement with respect to Letters of Credit
issued by it prior to such replacement, but shall not be required to issue
additional Letters of Credit.

 

(j)            Cash
Collateralization.  If any
Event of Default shall occur and be continuing, on the Business Day that a
Borrower receives notice from the Administrative Agent or the Required Lenders
(or, if the maturity of the Loans has been accelerated, Domestic Revolving
Lenders with LC Exposure representing at least 51% of the total LC Exposure)
demanding the deposit of cash collateral pursuant to this paragraph, such
Borrower shall deposit in an account with the Administrative Agent, in the name
of the

 

39

 

Administrative
Agent and for the benefit of the Domestic Revolving Lenders, an amount in
Dollars and in cash equal to the LC Exposure as of such date plus any accrued
and unpaid interest thereon; provided that (i) the portions of such
amount attributable to undrawn Alternative Currency Letters of Credit or LC
Disbursements in an Alternative Currency that the Borrowers are not late in
reimbursing shall be deposited in the applicable Alternative Currencies in the
actual amounts of such undrawn Letters of Credit and LC Disbursements and (ii) the
obligation to deposit such cash collateral shall become effective immediately,
and such deposit shall become immediately due and payable, without demand or
other notice of any kind, upon the occurrence of any Event of Default with
respect to any Borrower described in paragraph (h) or (i) of Article VII.  For the purposes of this paragraph, the
Alternative Currency LC Exposure shall be calculated using the Exchange Rates
on the date notice demanding cash collateralization is delivered to a Borrower.  Each Borrower also shall deposit cash
collateral pursuant to this paragraph as and to the extent required by Section 2.12(c).  Each such deposit pursuant to this paragraph
or pursuant to Section 2.12(c) shall be held by the
Administrative Agent as collateral for the payment and performance of the
obligations of each Borrower under this Agreement.  The Administrative Agent shall have exclusive
dominion and control, including the exclusive right of withdrawal, over such account.  Other than any interest earned on the
investment of such deposits, which investments shall be made at the option and
sole discretion of the Administrative Agent and at the relevant Borrower’s risk
and expense, such deposits shall not bear interest.  Interest or profits, if any, on such investments
shall accumulate in such account.  Moneys
in such account shall be applied by the Administrative Agent to reimburse the
applicable Issuing Lender for LC Disbursements for which it has not been
reimbursed and, to the extent not so applied, shall be held for the
satisfaction of the reimbursement obligations of the relevant Borrower for the
LC Exposure at such time or, if the maturity of the Loans has been accelerated
(but subject to the consent of Domestic Revolving Lenders with LC Exposure representing
at least 51% of the total LC Exposure), be applied to satisfy other obligations
of such Borrower under this Agreement. 
If a Borrower is required to provide an amount of cash collateral
hereunder as a result of the occurrence of an Event of Default, such amount (to
the extent not applied as aforesaid) shall be returned to such Borrower within
three Business Days after all Events of Default have been cured or waived.  If a Borrower is required to provide an amount
of cash collateral hereunder pursuant to Section 2.12(c), such
amount (to the extent not applied as aforesaid) shall be returned to such
Borrower as and to the extent that, after giving effect to such return, such
Borrower would remain in compliance with Section 2.12(c), and no
Event of Default shall have occurred and be continuing.  Furthermore, if any Letter of Credit is
outstanding on the date that the Parent Borrower terminates the Domestic
Revolving Commitments pursuant to Section 2.9(b), the Parent
Borrower shall, on the date of such termination, either (A) cause any such
Letter of Credit to be surrendered for cancellation to the applicable Issuing
Lender or (B) provide cash collateral pursuant to the terms of this
paragraph (or other credit support reasonably satisfactory) to the Administrative
Agent for the benefit of such Issuing Lender in an amount equal to at least
103% of the Face Amount of such Letter of Credit pursuant to documentation in
form and substance reasonably satisfactory to the Administrative Agent.  The Parent Borrower hereby grants to the
Administrative Agent a security interest in all such cash collateral and all
proceeds thereof.  Such cash collateral
shall be maintained in a blocked interest-bearing deposit account at Bank of America.  Upon notice to the Administrative Agent of
the termination, reduction or expiration (without a pending drawing) of any
such Letter of Credit, the Administrative Agent shall release the relevant cash
collateral within three Business Days of the relevant date of termination,
reduction or expiration, and the Administrative Agent shall use such cash
collateral to promptly reimburse any Issuing Lender honoring any drawing under
any such Letter of Credit.

 

(k)           Conversion.  In the event that the Loans become
immediately due and payable on any date pursuant to Article VII,
all amounts (i) that a Borrower is at the time or thereafter becomes
required to reimburse or otherwise pay to the Administrative Agent in respect
of LC Disbursements made under any Alternative Currency Letter of Credit (other
than amounts in respect of which such Borrower has deposited cash collateral
pursuant to Section 2.5(j), if such cash collateral was deposited
in the applicable

 

40

 

Alternative
Currency to the extent so deposited or applied), (ii) that the Domestic
Revolving Lenders are at the time or thereafter become required to pay to the
Administrative Agent and the Administrative Agent is at the time or thereafter
becomes required to distribute to the applicable Issuing Lender pursuant to
paragraph (e) of this Section in respect of unreimbursed LC
Disbursements made under any Alternative Currency Letter of Credit and (iii) of
each Domestic Revolving Lender’s participation in any Alternative Currency
Letter of Credit under which an LC Disbursement has been made shall,
automatically and with no further action required, be converted into the Dollar
Equivalent, calculated using the Exchange Rates on such date (or in the case of
any LC Disbursement made after such date, on the date such LC Disbursement is
made), of such amounts.  On and after
such conversion, all amounts accruing and owed to the Administrative Agent, the
applicable Issuing Lender or any Lender in respect of the Obligations described
in this paragraph shall accrue and be payable in Dollars at the rates otherwise
applicable hereunder.

 

(l)            Additional Issuing Lenders.  The Parent Borrower may, at any time and from
time to time with the consent of the Administrative Agent (which consent shall
not be unreasonably withheld) and such Domestic Revolving Lender, designate one
or more additional Domestic Revolving Lenders to act as an Issuing Lender under
the terms of this Agreement; provided that the total number of Domestic
Revolving Lenders so designated at any time plus the total number of Issuing
Lenders pursuant to clause (c) of the definition of the term “Issuing
Lenders” at such time shall not exceed five. 
Any Domestic Revolving Lender designated as Issuing Lender pursuant to
this paragraph (1) shall be deemed to be an “Issuing Lender” for the
purposes of this Agreement (in addition to being a Domestic Revolving Lender)
with respect to Letters of Credit issued by such Domestic Revolving Lender.

 

(m)          Reporting.  Each Issuing Lender will report in writing to
the Administrative Agent (i) on the first Business Day of each week, the
aggregate face amount of Letters of Credit issued by it and outstanding as of
the last Business Day of the preceding week, (ii) on or prior to each
Business Day on which such Issuing Lender expects to issue, amend, renew or
extend any Letter of Credit, the date of such issuance or amendment, and the
aggregate face amount of Letters of Credit to be issued, amended, renewed or
extended by it and outstanding after giving effect to such issuance, amendment,
renewal or extension (and such Issuing Lender shall advise the Administrative
Agent on such Business Day whether such issuance, amendment, renewal or
extension occurred and whether the amount thereof changed), (iii) on each
Business Day on which such Issuing Lender makes any LC Disbursement, the date
of such LC Disbursement and the amount of such LC Disbursement and (iv) on
any Business Day on which any Borrower fails to reimburse an LC Disbursement
required to be reimbursed to such Issuing Lender on such day, the date of such
failure, the relevant Borrower and amount of such LC Disbursement.

 

Section 2.6.            Foreign Credit Instruments.

 

(a)           Foreign Credit Instrument
Issuing Commitments.  Subject to
the terms and conditions set forth herein, each Foreign Issuing Lender
severally agrees to issue Foreign Credit Instruments and Joint Signature
Foreign Credit Instruments in an aggregate principal amount the Dollar
Equivalent of which does not exceed the Foreign Credit Instrument Issuing
Commitment of such Foreign Issuing Lender at any time and from time to time
from the Effective Date until the Foreign Trade Maturity Date; provided
that after giving effect to any issuance of any Foreign Credit Instrument or
Joint Signature Foreign Credit Instrument, the Dollar Equivalent of the
aggregate outstanding amount of the Foreign Credit Reimbursement Obligations,
the Foreign Credit Instruments and Joint Signature Foreign Credit Instruments
shall not exceed the lesser of (i) the aggregate principal amount of the
Foreign Credit Instrument Issuing Commitments at such time and (ii) the
aggregate principal amount of the Foreign Credit Commitments at such time.  Each Existing Foreign Credit Instrument
issued by a Foreign Issuing Lender shall be deemed for all purposes of this
Agreement to constitute a Foreign Credit Instrument issued by such Foreign
Issuing Lender pursuant hereto and the Foreign Credit Instrument Issuing

 

41

 

Commitment
of such Lender shall be deemed utilized in an amount equal to the Dollar
Equivalent of all Existing Foreign Credit Instruments issued by it and
determined as of the Effective Date, subject to subsequent determinations of
such Dollar Equivalent pursuant to Section 2.6(n).  Each Foreign Issuing Lender at its option
(after consultation with the Parent Borrower) may issue any Foreign Credit
Instrument and/or Joint Signature Foreign Credit Instrument by causing any
domestic or foreign branch or Affiliate of such Foreign Issuing Lender to issue
such Foreign Credit Instrument and/or Joint Signature Foreign Credit Instrument
if in the judgment of such Lender such designation (i) would eliminate or
reduce amounts payable pursuant to Section 2.17 or 2.19, as
the case may be and (ii) would not subject such Lender to any unreimbursed
cost or expense and would not otherwise be disadvantageous to such Lender;
provided that any exercise of such option shall not affect the obligations of
the relevant Borrower or such Foreign Issuing Lender under this Section 2.6.  Each Foreign Issuing Lender hereby confirms
that the Existing Foreign Credit Instruments issued by it conform to the
Mandatory Requirements.

 

(b)           Extension Option.

 

(i)            The Parent
Borrower may, not more than twice during the term of this Agreement, by written
notice to the Administrative Agent and the Foreign Trade Facility Agent (such
notice being an “Extension Notice”) delivered no later than 90 and not
more than 180 days prior to the second anniversary of the Effective Date (or,
in the case of the second such notice, no later than 90 and not more than 180
days prior to the date that is two years after such second anniversary) (the
date of such notice, the “Notice Date”), request the Lenders with a
Foreign Credit Commitment and the Foreign Issuing Lenders to extend the then
applicable Foreign Trade Maturity Date for an additional two years (the “Extended
Foreign Trade Maturity Date”).  The
Foreign Trade Facility Agent shall promptly transmit any Extension Notice to
each Lender with a Foreign Credit Commitment and each Foreign Issuing
Lender.  Each Foreign Issuing Lender and
each Lender with a Foreign Credit Commitment shall notify the Foreign Trade
Facility Agent whether it wishes to extend the then applicable Foreign Trade
Maturity Date at least 60 days prior to such anniversary of the Effective Date,
and any such notice given by a Foreign Issuing Lender or a Lender with a
Foreign Credit Commitment to the Foreign Trade Facility Agent, once given,
shall be irrevocable as to such Lender. 
The Foreign Trade Facility Agent shall promptly notify the
Administrative Agent and the Parent Borrower of the notice of each Foreign
Issuing Lender and each Lender with a Foreign Credit Commitment that it wishes
to extend (each, an “Extension Acceptance Notice”).  Any Foreign Issuing Lender and any Lender
with a Foreign Credit Commitment which does not expressly notify the Foreign
Trade Facility Agent on or before the date that is 60 days prior to the then
applicable anniversary of the Effective Date that it wishes to so extend the
then applicable Foreign Trade Maturity Date shall be deemed to have rejected
the Parent Borrower’s request for extension of such Foreign Trade Maturity
Date.  If all the Lenders with a Foreign
Credit Commitment and all the Foreign Issuing Lenders have elected (in their
sole and absolute discretion) to so extend the then applicable Foreign Trade
Maturity Date, the Foreign Trade Facility Agent shall notify the Administrative
Agent and the Parent Borrower of such election by the Lenders with a Foreign
Credit Commitment and the Foreign Issuing Lenders no later than five Business
Days after the date when Extension Acceptance Notices are due, and effective on
the date of such notice by the Foreign Trade Facility Agent to the
Administrative Agent and the Parent Borrower (the “Extension Date”), the
Foreign Trade Maturity Date shall be automatically and immediately so extended
to the Extended Foreign Trade Maturity Date. 
No extension will be permitted hereunder without the consent of all the
Lenders with a Foreign Credit Commitment and all the Foreign Issuing Lenders
(after giving effect to the replacement of any non-extending Lender or
non-extending Foreign Issuing Lender pursuant to paragraph (iii) or (iv) below,
as applicable) unless, at the election of the Parent Borrower, in writing to
the Administrative Agent and the Foreign Trade Facility Agent, the Parent
Borrower removes from the Foreign Trade Facility each Lender with a Foreign
Credit Commitment and each Foreign

 

42

 

Issuing
Lender that has not so consented to the Extended Foreign Trade Maturity Date,
in which case the Foreign Credit Commitments and Foreign Credit Instrument
Issuing Commitments of each such removed Lenders and Foreign Issuing Lenders,
as applicable, will be automatically terminated, and the aggregate Foreign
Credit Commitments and Foreign Credit Instrument Issuing Commitments hereunder
shall be reduced by the amounts of the Foreign Credit Commitments and Foreign
Credit Instrument Issuing Commitments of such removed Lenders and removed
Foreign Issuing Lenders, as applicable; provided, that, (x) after giving
effect to any such removal by the Parent Borrower and resulting termination of
the Foreign Credit Commitment or Foreign Credit Instrument Issuing Commitment
of any such removed Lender or Foreign Issuing Lender, (A) the total
Foreign Trade Exposures of all the Foreign Issuing Lenders (including those
non-extending Foreign Issuing Lenders that have not, at the election of the
Parent Borrower in its sole discretion, received a Counter Guarantee to support
the outstanding Foreign Credit Instruments and/or Joint Signature Foreign
Credit Instruments issued by such non-extending Foreign Issuing Lender) does
not exceed the total Foreign Credit Commitments of all the extending Lenders
with Foreign Credit Commitments, (B) each outstanding Foreign Credit
Instrument and/or Joint Signature Foreign Credit Instrument issued by a Foreign
Issuing Lender removed in accordance with this Section shall continue to
be considered an issued Foreign Credit Instrument and/or Joint Signature
Foreign Credit Commitment hereunder and part of the Foreign Trade Exposure
hereunder unless the Parent Borrower elects in its sole discretion to have a
Counter Guarantee issued hereunder in favor of such removed Foreign Issuing
Lender to support such Foreign Credit Instruments and/or Joint Signature
Foreign Credit Commitments, in which case such Foreign Credit Instruments and/or
Joint Signature Foreign Credit Instruments shall no longer be considered to be
Foreign Credit Instruments or Joint Signature Foreign Credit Instruments issued
pursuant to this Agreement except that for purposes of Section 2.6(p)(iii),
(iv) and (v) and Section 2.6(h) such
Foreign Credit Instruments and/or Joint Signature Foreign Credit Instruments
shall continue to be considered as issued pursuant to this Agreement and the
Borrowers’ obligations under such Sections with respect to fees, costs,
expenses, reimbursement and indemnification obligations shall continue to apply
with respect to such Foreign Credit Instruments and Joint Signature Foreign
Credit Instruments and (C) the Borrowers, the Administrative Agent and the
Foreign Trade Facility Agent shall have entered into such agreements, if any,
as any of them shall have reasonably requested to reflect such extension of the
Foreign Trade Facility with reduced Foreign Credit Commitments and Foreign
Credit Instrument Issuing Commitments, as the case may be, reflecting the
removal of such Lenders with Foreign Credit Commitments and Foreign Issuing
Lenders, as the case may be (and any participations purchased under this
Agreement shall be automatically appropriately adjusted in amount to reflect
the such changed Commitments) and (y) any such removed Lender or removed
Foreign Issuing Lender, as applicable, shall have received payment of all
amounts owing to such removed Lender or Foreign Issuing Lender with respect to
its Foreign Credit Commitment and/or Foreign Credit Instrument Issuing
Commitment, as applicable, including the repayment of an amount equal to the
outstanding funded participations of all Foreign Credit Disbursements made by
such removed Lender or funded Foreign Credit Disbursements made by such removed
Foreign Issuing Lender, as applicable, any accrued interest thereon, accrued
fees and all other amounts payable to it hereunder and under the other Loan
Documents in connection with such respective Commitments.  Upon the delivery of an Extension Notice and
upon the extension of the Foreign Trade Maturity Date pursuant to this Section 2.6(b)(i),
the Parent Borrower shall be deemed to have represented and warranted on and as
of the Notice Date and the Extension Date, as the case may be, that no Default
or Event of Default has occurred and is continuing.  Notwithstanding anything contained in this
Agreement to the contrary, no Lender with a Foreign Credit Commitment or
Foreign Issuing Lender shall have any obligation to extend the Foreign Trade
Maturity Date, and each Lender with a Foreign Credit Commitment and each
Foreign Issuing Lender may (with respect to its respective Foreign Credit
Commitment and/or Foreign Credit

 

43

 

Instrument
Issuing Commitment) at its option, unconditionally and without cause, decline
to extend the Foreign Trade Maturity Date.

 

(ii)           If the Foreign
Trade Maturity Date shall have been extended in accordance with Section 2.6(b)(i),
all references herein to the “Foreign Trade Maturity Date” shall refer to the
Extended Foreign Trade Maturity Date.

 

(iii)          The Parent
Borrower shall have the right on or before the applicable Foreign Trade
Maturity Date to replace each non-extending Lender with a Foreign Credit
Commitment with one or more Persons (A) reasonably satisfactory to the
Parent Borrower, the Administrative Agent and the Foreign Trade Facility Agent
and (B) satisfactory to the Foreign Issuing Lenders in their sole
discretion (the “Additional Commitment Lender”), as provided in Section 2.21(b),
each of which such Additional Commitment Lenders shall have entered into an
Assignment and Assumption pursuant to which such Additional Commitment Lender
shall, effective as of the applicable Foreign Trade Maturity Date, undertake a
Foreign Credit Commitment (and if any such Additional Commitment Lender is
already a Lender, its new Commitment shall be in addition to any other
Commitment of such Lender on such date).

 

(iv)          The Parent
Borrower shall have the right on or before the applicable Foreign Trade
Maturity Date to replace each non-extending Foreign Issuing Lender with one or
more Persons reasonably satisfactory to the Parent Borrower, the Administrative
Agent and the Foreign Trade Facility Agent (the “Additional Foreign Issuing
Lender”), as provided in Section 2.21(b), each of which such
Additional Foreign Issuing Lenders shall have entered into an Assignment and
Assumption pursuant to which such Additional Foreign Issuing Lender shall,
effective as of the applicable Foreign Trade Maturity Date, undertake a Foreign
Credit Instrument Issuing Commitment (and if any such Additional Foreign
Issuing Lender is already a Foreign Issuing Lender, its new Commitment shall be
in addition to any other Commitment of such Foreign Issuing Lender on such
date).

 

(c)           Procedure for Issuance and
Reversals.  Each
Borrower may, at any time and from time to time during the period from the
Effective Date until the Foreign Trade Maturity Date, request the issuance of
Foreign Credit Instruments or an extension or other amendment of any
outstanding Foreign Credit Instrument by sending to the Foreign Trade Facility
Agent a duly completed request for issuance (each, a “Utilization Request”)
by electronic transfer using the db direct internet in accordance with the
terms of the DB Direct Internet Agreement. 
If for technical reasons it should not be possible to make a request for
issuance through db direct internet, such request may be made (to be
pre-advised by the relevant Borrower) via fax or by letter, in substantially
the form of Exhibit I, in each case to a fax number or address
agreed with the Foreign Trade Facility Agent for this purpose, receipt of such
fax or letter to be promptly confirmed by the Foreign Trade Facility Agent to
the relevant Borrower for this purpose; provided that in such case
explicit reference has to be made to this Agreement and the Foreign Trade
Facility Agent shall in such case not be held responsible for a delayed
processing of such Utilization Request unless such delayed processing is caused
by gross negligence or willful misconduct on the part of the Foreign Trade
Facility Agent following the confirmation of the receipt of the relevant fax or
letter.  As the Foreign Trade Facility
Agent will not, in the event a Utilization Request is submitted by telefax, be
in a position to verify whether such Utilization Request has been duly
authorized and sent by the relevant Borrower, each Borrower hereby agrees that
the Foreign Trade Facility Agent shall be entitled to execute all Utilization
Requests received by telefax if on their face such telefax letters seem to be
duly authorized and executed by persons acting on behalf of such Borrower who
have been identified as authorized signatories in annex 1.3.1 to the DB Direct
Internet Agreement or in the officer’s certificate furnished pursuant to Section 4.1(h).  Neither the Foreign Trade Facility Agent nor
any of the Lenders shall be held liable for the execution of any forged
Utilization Request received by telefax except where the forgery is

 

44

 

evident
on the face of the forged Utilization Request furnished to such Person or the
Foreign Trade Facility Agent or the respective Foreign Issuing Lender acted
with gross negligence or willful misconduct with respect to such Utilization
Request.  No Utilization Request will be
regarded as having been duly completed unless:

 

(i)            the requested
undertaking would constitute a Warranty Guarantee, a Performance Guarantee, an
Advance Payment Guarantee, a Tender Guarantee, a Counter-Guarantee or a General
Purpose Guarantee;

 

(ii)           the terms and
conditions for the requested Foreign Credit Instrument are in accordance with
the Mandatory Requirements;

 

(iii)          the requested
Foreign Credit Instrument is denominated in a Permitted Currency or any other
currency agreed by the applicable Foreign Issuing Lender and the Foreign Trade
Facility Agent;

 

(iv)          the specific
expiry date of the requested Foreign Credit Instrument, which must not be
stated by reference to any events in the underlying contract and which is not
subject to any interpretation, or, if the requested Foreign Credit Instrument
does not provide for such determination of a specific expiry date, the
Commercial Lifetime, shall fall within the Permitted Maturity;

 

(v)           the obligor of
the obligations to be supported by the requested Foreign Credit Instrument is
named;

 

(vi)          upon issuance
of the requested Foreign Credit Instrument (for this purpose such Foreign
Credit Instrument is deemed to be issued at the time of receipt of the Utilization
Request therefor by the Foreign Trade Facility Agent), the thresholds for the
different types of Foreign Credit Instruments set forth under Section 2.6(d) would
not be exceeded;

 

(vii)         a Foreign
Issuing Lender is determined pursuant to the terms hereof; and

 

(viii)        the Utilization
Request is in compliance with Section 2.6(d).

 

Only
one Foreign Credit Instrument may be requested in each Utilization
Request.  A Utilization Request may only
be revoked by the relevant Borrower (x) until the Foreign Trade Facility
Agent has forwarded the Utilization Request to the relevant Foreign Issuing
Lender in accordance with Section 2.6(g), by giving notice to the
Foreign Trade Facility Agent or (y) thereafter, by giving notice to the
relevant Foreign Issuing Lender which has to be received by such Foreign
Issuing Lender at a time when such Foreign Issuing Lender will, with reasonable
efforts, still be in a position to stop the delivery of the relevant Foreign
Credit Instrument to the relevant beneficiary or any other Person as instructed
by such Borrower.  In such case, the
relevant Foreign Issuing Lender shall promptly inform the Foreign Trade
Facility Agent and the relevant Borrower that the requested Foreign Credit
Instrument has not been issued.  No
Foreign Issuing Lender shall be required to issue a Foreign Credit Instrument
in any jurisdiction that would impose withholding taxes on any payments in
respect of such Foreign Credit Instrument.

 

(d)           Limitations on Use.  The Borrowers may only request the issuance of
Foreign Credit Instruments if:

 

45

 

(i)            the Dollar
Equivalent of the requested Foreign Credit Instrument, when aggregated with the
Dollar Equivalent of all other outstanding Foreign Credit Instruments and unreimbursed
Foreign Credit Disbursements as of the time of receipt of the relevant
Utilization Request, does not exceed the total Foreign Credit Instrument
Issuing Commitments or the total Foreign Credit Commitments;

 

(ii)           if the
requested Foreign Credit Instrument constitutes a Warranty Guarantee, the
Dollar Equivalent of such Foreign Credit Instrument, when aggregated with the
Dollar Equivalent of all other outstanding Warranty Guarantees and unreimbursed
Foreign Credit Disbursements in respect of Warranty Guarantees as of the time
of receipt of the relevant Utilization Request, does not exceed 30% of the
total Foreign Credit Commitments;

 

(iii)          if the
requested Foreign Credit Instrument constitutes a Performance Guarantee, the
Dollar Equivalent of such Foreign Credit Instrument, when aggregated with the
Dollar Equivalent of all other outstanding Performance Guarantees and
unreimbursed Foreign Credit Disbursements in respect of Performance Guarantees
as of the time of receipt of the relevant Utilization Request, does not exceed
60% of the total Foreign Credit Commitments;

 

(iv)          if the
requested Foreign Credit Instrument constitutes an Advance Payment Guarantee,
the Dollar Equivalent of such Foreign Credit Instrument, when aggregated with
the Dollar Equivalent of all other outstanding Advance Payment Guarantees and
unreimbursed Foreign Credit Disbursements in respect of Advance Payment
Guarantees as of the time of receipt of the relevant Utilization Request, does
not exceed 45% of the total Foreign Credit Commitments;

 

(v)           if the
requested Foreign Credit Instrument constitutes a Tender Guarantee, the Dollar
Equivalent of such Foreign Credit Instrument, when aggregated with the Dollar
Equivalent of all other outstanding Tender Guarantees and unreimbursed Foreign
Credit Disbursements in respect of Tender Guarantees as of the time of receipt
of the relevant Utilization Request, does not exceed 10% of the total Foreign
Credit Commitments; and

 

(vi)          if the
requested Foreign Credit Instrument constitutes a General Purpose Guarantee,
the Dollar Equivalent of such Foreign Credit Instrument, when aggregated with
the Dollar Equivalent of all other outstanding General Purpose Guarantees and
unreimbursed Foreign Credit Disbursements in respect of General Purpose
Guarantees as of the time of receipt of the relevant Utilization Request, does
not exceed 10% of the total Foreign Credit Commitments.

 

If
the Foreign Trade Facility Agent is of the opinion that a requested Foreign
Credit Instrument is not of the type as specified in the Utilization Request by
a Borrower or if the type of Foreign Credit Instrument is not clearly specified
in the relevant Utilization Request, the Foreign Trade Facility Agent shall
reasonably determine the type of the requested Foreign Credit Instrument based
on the purpose (or, if such Foreign Credit Instrument is intended to serve more
than one purpose, the primary purpose) assumed by the Foreign Trade Facility
Agent on the basis of the wording of the relevant requested Foreign Credit
Instrument and the facts and circumstances known to it at the time of the
receipt of such Utilization  Request, and
the Foreign Trade Facility Agent shall inform such Borrower accordingly of such
determination.  If the Foreign Trade
Facility Agent and the relevant Borrower mutually determine at a later stage
that a Foreign Credit Instrument shall fall into another category, such
re-qualification shall be taken into account for the purpose of this Section 2.6(d).  No Borrower shall make a Utilization Request
for Foreign Credit Instruments to serve as security for obligations of any
Person other than a Borrower or a Subsidiary.

 

46

 

(e)           Deviations from Foreign
Credit Instrument Requirements.  No Foreign Credit Instrument shall be issued
by any Foreign Issuing Lender if the Mandatory Requirements are not
fulfilled.  No Foreign Issuing Lender
shall be obliged to issue a Foreign Credit Instrument (i) which does not
fulfill the Dispensable Requirements, (ii) which shall be issued in a currency
other than a Permitted Currency, or (iii) if the issuance of the relevant
Foreign Credit Instrument is not permitted pursuant to its internal rules and
guidelines.  In order to avoid a
rejection of any issuance of a Foreign Credit Instrument requested by a
Borrower due to non-compliance of its terms with the Dispensable Requirements,
each Borrower hereby undertakes that, with respect to any Foreign Credit
Instrument to be issued where the Borrower considers it reasonably likely that
it will not be in a position to negotiate with the relevant future beneficiary
terms for the relevant Foreign Credit Instrument which will meet the
Dispensable Requirements, such Borrower will as soon as possible approach the
Foreign Trade Facility Agent and designate a Foreign Issuing Lender to issue
such Foreign Credit Instrument pursuant to the terms of Section 2.6(f).  Each Borrower shall seek advice from the
Foreign Issuing Lender designated by such Borrower as the relevant Foreign
Issuing Lender with respect to all Foreign Credit Instrument related issues
during its negotiations of the underlying contract with the potential
beneficiary of such Foreign Credit Instrument. 
In cases where, in spite of such Borrower’s commercially reasonable
efforts, fulfillment of the Dispensable Requirements appears unachievable, the
relevant Foreign Issuing Lender and such Borrower shall try to reach an
agreement on an indemnity in favor of such Foreign Issuing Lender which allows
such Foreign Issuing Lender to issue the relevant Foreign Credit Instrument in
its contractual relationship with such Borrower; provided that the right
of the relevant Foreign Issuing Lender to reject the issuance of the requested
Foreign Credit Instrument shall remain unaffected.

 

(f)            Receipt of Utilization Request.

 

(i)            Following the
receipt of a Utilization Request, the Foreign Trade Facility Agent shall
determine whether in its opinion the Utilization Request is duly
completed.  If the Foreign Trade Facility
Agent is of the opinion that the Utilization Request is not duly completed, it
shall promptly inform the relevant Borrower and shall liaise with such Borrower
with a view to agree on a modification of such Utilization Request.  If no such agreement can be reached, the
Foreign Trade Facility Agent shall reject the Utilization Request.  If the Foreign Trade Facility Agent is of the
opinion (as the case may be, following a modification of such Utilization
Request) that the Utilization Request is duly completed, it shall forward such
Utilization Request to the determined Foreign Issuing Lender(s).

 

(ii)           If the Foreign
Trade Facility Agent determines that, due to the amount of the requested
Foreign Credit Instrument, the requested Foreign Credit Instrument cannot be
issued by a single Foreign Issuing Lender, it shall promptly inform the
relevant Borrower and such Borrower shall then either withdraw the relevant
Utilization Request or instruct the Foreign Trade Facility Agent that the
relevant Foreign Credit Instrument shall be split into two or, if necessary due
to the amount of the Foreign Credit Instrument, more Foreign Credit Instruments
issued by several Foreign Issuing Lenders.

 

(iii)          In no event
shall the aggregate amount (without duplication) of the sum of the Dollar
Equivalent of all Foreign Credit Instruments and Joint Signature Foreign Credit
Instruments issued by all Foreign Issuing Lenders plus the Dollar Equivalent of
all unreimbursed Foreign Credit Disbursements of all such Foreign Issuing
Lenders exceed the aggregate amount of the Foreign Credit Instrument Issuing
Commitments or the Foreign Credit Commitments.

 

47

 

(g)           Issuance of Foreign Credit
Instruments.

 

(i)            The Foreign
Trade Facility Agent shall promptly forward each Utilization Request to the relevant
Foreign Issuing Lender no later than 3:00 p.m., Düsseldorf time, on the
Business Day following the day it has received such Utilization Request (or, if
such day is not a Business Day, on the Business Day following the first
Business Day after the day the Foreign Trade Facility Agent has received the
Utilization Request) (the “Latest Notification Day”).  The Foreign Trade Facility Agent shall
determine in its notice to the relevant Foreign Issuing Lender the day on which
the requested Foreign Credit Instrument shall be issued (such day being the “Utilization
Date”) which shall be the second Business Day of such Foreign Issuing
Lender immediately following its receipt of the Utilization Request.  Such Foreign Issuing Lender(s) shall
issue the respective Foreign Credit Instrument(s) on the Utilization Date
unless such Foreign Issuing Lender informs the Foreign Trade Facility Agent and
the relevant Borrower on or prior to 5:00 p.m., Düsseldorf time, on the
Utilization Date that (and specifying the reasons) (x) it will not be able
to issue the relevant Foreign Credit Instrument on the Utilization Date (in
which case the Foreign Issuing Lender shall inform the Foreign Trade Facility
Agent and such Borrower when it will be able to issue the relevant Foreign Credit
Instrument) or (y) it will not be able to issue the Foreign Credit
Instrument at all (1) due to its internal rules and guidelines, (2) due
to any applicable law or regulation with which it has to comply, (3) due
to the currency (other than any Permitted Currency) in which the Foreign Credit
Instrument shall be issued, (4) because it is of the opinion that the
Mandatory Requirements are not fulfilled, or (5) because it is of the
opinion that the Dispensable Requirements are not fulfilled.

 

(ii)           If a Foreign
Credit Instrument shall be issued on the same day the Utilization Request is
delivered to the Foreign Trade Facility Agent (or if such day is not a Business
Day, the following Business Day), the relevant Borrower shall inform the
Foreign Trade Facility Agent in advance that the requested Foreign Credit
Instrument shall be issued on the same day (or if such day is not a Business
Day, the following Business Day).  The
Foreign Trade Facility Agent shall promptly inform the relevant Foreign Issuing
Lender accordingly which shall be obliged to use commercially reasonable
efforts to issue the Foreign Credit Instrument on the same day as it receives
the Utilization Request.

 

(iii)          (A) In the
cases referred to in clause (x) or clause (y)(3) of Section 2.6(g)(i) above,
the Foreign Trade Facility Agent shall obtain, and follow, instructions from
the relevant Borrower, (B) in the cases referred to in clause (y)(1), (2),
(4) and (5) of Section 2.6(g)(i) above, the relevant
Borrower shall agree with the relevant Foreign Issuing Lender any amendments
necessary to the respective Foreign Credit Instrument to enable the relevant
Foreign Issuing Lender to issue the relevant Foreign Credit Instrument and, in
the case of sub-paragraph (y)(5), Section 2.6(e) shall apply mutatis mutandis, (C) if, in the cases referred to
under (A) or (B) above, no agreement can be reached between the
relevant Foreign Issuing Lender and the relevant Borrower, such Foreign Issuing
Lender shall reject the request to issue the requested Foreign Credit
Instrument and the relevant Borrower shall promptly advise the Foreign Trade
Facility Agent and shall designate another Foreign Issuing Lender and the time
for issuance of the Foreign Credit Instrument shall be postponed to the extent
necessary for practical reasons.  Such
Foreign Issuing Lender shall promptly inform the Foreign Trade Facility Agent
about all changes agreed with such Borrower with respect to a Utilization
Request in accordance with this clause (iii).

 

(iv)          The relevant
Foreign Issuing Lender may either issue the Foreign Credit Instrument directly
or, if requested by and agreed with the relevant Borrower, arrange that the
Foreign Credit Instrument (an “Indirect Foreign Credit Instrument”) be
issued by a second bank (including one of its affiliates) or financial
institution (the “Indirect Foreign Issuing Lender”) against its
corresponding Counter-Guarantee in the form satisfactory to the Indirect
Foreign

 

48

 

Issuing
Lender.  In case of an Indirect Foreign
Credit Instrument, such Foreign Issuing Lender is entitled to receive, for
payment to the Indirect Foreign Issuing Lender, separate fees and expenses in
respect of such Indirect Foreign Credit Instrument in addition to the fees and
expenses pursuant to Section 2.6(p).  In line with international practices, the
validity of a Counter-Guarantee in favor of the Indirect Foreign Issuing Lender
will exceed the validity of the Indirect Foreign Credit Instrument by at least
ten calendar days.

 

(v)           If a
Utilization Request is made to request an amendment (including an extension) of
any outstanding Foreign Credit Instrument, the Foreign Trade Facility Agent
shall forward the Utilization Request to the relevant Foreign Issuing Lender if
the requirements of Section 2.6(d) are fulfilled.  Clauses (i) through (iii) of this Section 2.6(g) shall
apply mutatis mutandis.

 

(vi)          Each Foreign
Issuing Lender shall comply at all times with the obligations set forth on Schedule
2.6(g).

 

(vii)         If the relevant
Foreign Issuing Lender has not rejected the request to issue a Foreign Credit
Instrument, the requested currency of which is not a Permitted Currency, the
relevant Borrower assumes all risks related thereto and shall reimburse all
costs reasonably incurred in connection with the procurement of such currency
for honoring such Foreign Credit Instrument in such specific currency.

 

(h)           Borrower Liabilities.

 

(i)            If a Foreign
Issuing Lender receives a request for payment under any Foreign Credit
Instrument (including from an Indirect Foreign Issuing Lender under a
Counter-Guarantee) issued by it, it shall promptly (and before any payment is
made in respect thereof) inform the relevant Borrower, the Foreign Trade
Facility Agent and the Administrative Agent accordingly.  A Borrower’s obligation to reimburse any
payment made by a Foreign Issuing Lender under a Foreign Credit Instrument
(each, a “Foreign Credit Disbursement”) shall be absolute, unconditional
and irrevocable, and shall be performed strictly in accordance with the terms
of this Agreement under any and all circumstances whatsoever and irrespective
of (i) any lack of validity or enforceability of any Foreign Credit
Instrument, any request for the issuance thereof or this Agreement, or any term
or provision therein, or (if any) underlying agreement (ii) any draft or
other document presented under a Foreign Credit Instrument proving to be
forged, fraudulent or invalid in any respect or any statement therein being
untrue or inaccurate in any respect, (iii) payment by the applicable
Foreign Issuing Lender under a Foreign Credit Instrument against presentation
of a draft or other document that does not comply with the terms of such
Foreign Credit Instrument, or (iv) any other event or circumstance
whatsoever, whether or not similar to any of the foregoing, that might, but for
the provisions of this Section, constitute a legal or equitable discharge of,
or provide a right of setoff against, such Borrower’s obligations
hereunder.  Neither the Foreign Trade
Facility Agent, the Lenders nor any Foreign Issuing Lender, nor any of their
Related Parties, shall have any liability or responsibility by reason of or in
connection with the issuance or transfer of any Foreign Credit Instrument or
any payment or failure to make any payment thereunder (irrespective of any of
the circumstances referred to in the preceding sentence), or any error,
omission, interruption, loss or delay in transmission or delivery of any draft,
notice or other communication under or relating to any Foreign Credit
Instrument (including any document required to make a drawing thereunder), any
error in interpretation of technical terms, any error in the finding of true
facts or law or any consequence arising from causes beyond the control of the
applicable Foreign Issuing Lender; provided that neither of the
foregoing sentences shall be construed to excuse such Foreign Issuing Lender
from liability to the

 

49

 

applicable
Borrower to the extent of any direct damages (as opposed to consequential
damages, claims in respect of which are hereby waived by each Borrower to the
extent permitted by applicable law) suffered by such Borrower that are caused
by such Foreign Issuing Lender’s gross negligence, willful misconduct or failure
to exercise care when determining whether drafts and other documents presented
under a Foreign Credit Instrument comply with the terms thereof, or if the
obligation to honor a request for payment under a Foreign Credit Instrument
depends upon non-documentary conditions, whether questions of facts or law at
issue in the underlying transaction justify the payment by the Foreign Issuing
Lender.  In furtherance of the foregoing
and without limiting the generality thereof, the parties agree that, (i) with
respect to documents presented which appear on their face to be in substantial
compliance with the terms of a Foreign Credit Instrument, a Foreign Issuing
Lender may, in its sole discretion, either accept and make payment upon such
documents without responsibility for further investigation, regardless of any
notice or information to the contrary, or refuse to accept and make payment
upon such documents if such documents are not in strict compliance with the
terms of such Foreign Credit Instrument; or (ii) if the obligation to
honor a request for payment under a Foreign Credit Instrument depends upon
non-documentary conditions, a Foreign Issuing Lender may, in its sole
discretion, either accept and make payment upon such facts presented in
connection with the request for payment, without responsibility for further
investigation, regardless of any notice or information to the contrary; provided,
however, that the applicable Borrower does not promptly provide
irrefutable evidence that facts presented in connection with the request for
payment are not true, or refuse to accept and make payment upon such
facts.  Without limiting any rights that
the applicable Foreign Issuing Lender may have under applicable law, (i) the
applicable Borrower’s aggregate remedies against the applicable Foreign Issuing
Lender for wrongfully honoring a presentation or wrongfully retaining honored
documents shall in no event exceed the aggregate amount paid by such Borrower
to such Foreign Issuing Lender with respect to the honored presentation, plus
interest at the rate equal to the Adjusted LIBO Rate for Interest Periods of
one month, (ii) may accept as a draft any written or electronic demand or
request for payment under a Foreign Credit Instrument, even if non-negotiable
or not in the form of a draft, and may disregard any requirement that such
draft, demand or request bear any or adequate reference to the Foreign Credit
Instrument, and (iii) may purchase or discount an accepted draft or
deferred payment obligation incurred under a Foreign Credit Instrument without
affecting the amount or timing of the reimbursement due from the applicable
Borrower.

 

(ii)           The relevant
Borrower shall, upon demand from the relevant Foreign Issuing Lender, reimburse
such Foreign Issuing Lender for, and irrevocably and unconditionally indemnify
such Foreign Issuing Lender against any sum paid or payable in accordance with
clause (i) above under a Foreign Credit Instrument issued by such Foreign
Issuing Lender at the request of such Borrower and against all other
liabilities, reasonable costs (including any costs incurred in funding any
amount paid by such Foreign Issuing Lender under or in connection with such
Foreign Credit Instrument), claims, losses and expenses which such Foreign
Issuing Lender may at any time (whether before, on or after the Foreign Trade
Maturity Date) reasonably incur or sustain in connection with or arising out of
any such Foreign Credit Instrument.  Each
such reimbursement shall be made in Dollars in the amount of the Dollar
Equivalent of the currency in which the applicable Foreign Credit Disbursement
was made.  If a Foreign Issuing Lender
shall make any Foreign Credit Disbursement, then, unless the relevant Borrower
shall reimburse such Foreign Credit Disbursement in full on the date such
Foreign Credit Disbursement is made, the unpaid amount thereof shall bear
interest, for each day from and including the date such Foreign Credit
Disbursement is made to but excluding the date that such Borrower reimburses
such Foreign Credit Disbursement, at the rate per annum then applicable to ABR
Domestic Revolving Loans; provided that if such Borrower fails to reimburse
such Foreign Credit Disbursement upon demand (including any interim interest
incurred in connection with such Foreign Credit

 

50

 

Disbursement
pursuant to this sentence), then Section 2.15(c)(ii) shall
apply in respect of the overdue amounts.

 

(i)            Participations.  (i) By the issuance of a Foreign Credit
Instrument or Joint Signature Foreign Credit Instrument (or an amendment to a
Foreign Credit Instrument or Joint Signature Foreign Credit Instrument
increasing the amount thereof) and without any further action on the part of
the applicable Foreign Issuing Lender or the Lenders with Foreign Credit
Commitments, the applicable Foreign Issuing Lender hereby grants to each Lender
with a Foreign Credit Commitment, and each Lender with a Foreign Credit
Commitment hereby acquires from such Foreign Issuing Lender, a participation in
such Foreign Credit Instrument or Joint Signature Foreign Credit Instrument
equal to such Lender’s Applicable Percentage of the aggregate amount available
to be drawn under such Foreign Credit Instrument or Joint Signature Foreign
Credit Instrument.  In consideration and
in furtherance of the foregoing, each Lender with a Foreign Credit Commitment
hereby absolutely and unconditionally agrees to pay to the Foreign Trade
Facility Agent in Dollars, for the account of such Foreign Issuing Lender, such
Lender’s Applicable Percentage of (i) each Foreign Credit Disbursement
made by such Foreign Issuing Lender in Dollars and (ii) the Dollar
Equivalent of each Foreign Credit Disbursement made by such Foreign Issuing
Lender in a Permitted Currency or in another currency permitted under Section 2.6(g)(vii) and,
in each case, not reimbursed or indemnified by the relevant Borrower on the
date due as provided in paragraph (h) of this Section, or of any such
reimbursement or indemnity payment required to be refunded to such Borrower for
any reason.  Each Lender with a Foreign
Credit Commitment acknowledges and agrees that its obligation to acquire
participations pursuant to this paragraph in respect of Foreign Credit
Instruments and Joint Signature Foreign Credit Instruments is absolute and
unconditional and shall not be affected by any circumstance whatsoever,
including any amendment, renewal or extension of any Foreign Credit Instrument
and continuance of a Default or Event of Default or reduction or termination of
the Foreign Credit Commitments, and that each such payment shall be made
without any offset, abatement, withholding or reduction whatsoever.

 

(j)            Reimbursement.  If the applicable Foreign Issuing Lender
shall make any payment in respect of a Foreign Credit Instrument or Joint Signature
Foreign Credit Instrument in accordance with Section 2.6(h), and if
the relevant Borrower fails to reimburse or to indemnify such Foreign Issuing
Lender for such payment in accordance with Section 2.6(h), the
Foreign Trade Facility Agent shall promptly notify the applicable Foreign
Issuing Lender and each other Lender with a Foreign Credit Commitment of the
applicable unreimbursed amount, the Dollar Equivalent thereof, the payment then
due from such Borrower in respect thereof and such Lender’s Applicable
Percentage thereof.  Promptly following
receipt of such notice, each Lender with a Foreign Credit Commitment shall pay
to the Foreign Trade Facility Agent in Dollars its Applicable Percentage of the
payment then due from the relevant Borrower, and the Foreign Trade Facility
Agent shall promptly pay to the applicable Foreign Issuing Lender in Dollars
the amounts so received by it from each such Lender.  Each Lender with a Foreign Credit Commitment
at its option (after consultation with the Parent Borrower) may perform any
reimbursement obligation pursuant to this Section 2.6(j) by
causing any domestic or foreign branch or Affiliate of such Lender to perform
such reimbursement obligation if in the judgment of such Lender such
designation (i) would eliminate or reduce amounts payable pursuant to Section 2.17
or 2.19, as the case may be and (ii) would not subject such Lender
to any unreimbursed cost or expense and would not otherwise be disadvantageous
to such Lender; provided that any exercise of such option shall not affect the
obligations of the relevant Borrower or such Lender under this Section 2.6.  Promptly following receipt by the Foreign
Trade Facility Agent of any payment from any Borrower pursuant to Section 2.6(h),
the Foreign Trade Facility Agent shall distribute such payment to the Lenders
that have made payments pursuant to this paragraph to reimburse such Foreign
Issuing Lender as their interests may appear. 
Any payment made by a Lender pursuant to this paragraph to reimburse any
Foreign Issuing Lender for any payment or indemnity made by the applicable
Foreign Issuing Lender pursuant to Section 2.6(h)

 

51

 

shall
not relieve any Borrower of its obligation to make any reimbursement or
indemnity pursuant to Section 2.6(h).

 

(k)                                  Reversal of
Foreign Credit Instruments.

 

(i) Each Foreign Issuing Lender will
notify the Foreign Trade Facility Agent on each Business Day about any
expiration or reduction of the Face Amount of any Foreign Credit Instrument or
Counter-Guarantee issued by it which became effective the preceding Business
Day (the “Foreign Credit Instrument Termination Date”) (a “Utilization
Reduction Notice”).  With respect to:

 

(A)                              a Foreign
Credit Instrument (other than a Counter-Guarantee or an Indirect Foreign Credit
Instrument) which under its terms expires without any doubt if no demand has
been received by such Foreign Issuing Lender on or before a specified expiry
date, such Foreign Issuing Lender will, on the next Business Day following the
expiry date, give a Utilization Reduction Notice, unless the terms of such
Foreign Credit Instrument provide that it shall be governed in accordance with
the laws of any country other than a country which has been a member state of
the European Union as of December 2002 (in which case clause (B) below
shall apply mutatis mutandis);

 

(B)                                a Foreign
Credit Instrument (other than a Counter Guarantee or an Indirect Foreign Credit
Instrument) which, under its terms either does not provide for a specific
expiry date or does not otherwise expire without any doubt if no demand for
payment has been received by such Foreign Issuing Lender on or before a
definite expiry date or in the case of a release of a Foreign Credit Instrument
before the expiry date specified therein, such Foreign Issuing Lender will give
a Utilization Reduction Notice (1) as and when the original of the Foreign
Credit Instrument including all amendments, if any, is being received by it
from the beneficiary or the relevant Borrower, or (2) after having
received any explicit notice of release from the beneficiary in form and
substance substantially in accordance with the form provided in Schedule
2.6(k);

 

(C)                                a
Counter-Guarantee, such Foreign Issuing Lender will give a Utilization
Reduction Notice only upon being unconditionally discharged in writing from any
respective liability by the Indirect Foreign Issuing Lender, or upon such
Foreign Issuing Lender having paid the amount available under the
Counter-Guarantee to the Indirect Foreign Issuing Lender; provided that
if the Foreign Issuing Lender has been prevented from effecting such payment
without delay, the Utilization Reduction Notice is subject to any assertion of
damages on account of delay by the Indirect Foreign Issuing Lender;

 

(D)                               a Foreign
Credit Instrument (other than a Counter-Guarantee) issued in connection with
legal proceedings in Germany, such Foreign Issuing Lender will give a
Utilization Reduction Notice only upon receipt of the original of the Foreign
Credit Instrument for discharge from the beneficiary or upon the beneficiary’s
consent to the discharge or upon establishment of the expiry of the Foreign
Credit Instrument by an executory order according to §109(2) of the German
Code of Civil Procedure;

 

(E)                                 a Foreign
Credit Instrument (including a Counter-Guarantee where the related Indirect
Foreign Credit Instrument is), expressly subject to the Uniform Rules for
Demand Guarantees of the International Chamber of Commerce in Paris, such
Foreign Issuing Lender will give a Utilization Reduction Notice if under said rules a
reversal of a letter of credit or guarantee would have to be made;

 

52

 

(F)                                 reductions of a
Foreign Credit Instrument or an Indirect Foreign Credit
Instrument/Counter-Guarantee, such Foreign Issuing Lender will give a
Utilization Reduction Notice only if (1) the terms and conditions of any
reduction clause of the terms of the Foreign Credit Instrument are, without any
doubt, complied with or if the beneficiary or, in the case of an Indirect
Foreign Credit Instrument, the Indirect Foreign Issuing Lender has certified in
writing and unconditionally the reduction of the Foreign Credit Instrument or
Counter-Guarantee respectively or (2) the Foreign Issuing Lender has
effected partial payment pursuant to a demand; and

 

(G)                                any Foreign
Credit Instrument in relation to which such Foreign Issuing Lender has effected
full payment pursuant to a demand so that the beneficiary would not be entitled
to claim any further payment, such Foreign Issuing Lender will give a
Utilization Reduction Notice.

 

(ii)                                  If a claim
under a Foreign Credit Instrument is lodged with the relevant Foreign Issuing Lender
after such Foreign Issuing Lender has given a Utilization Reduction Notice with
respect to such Foreign Credit Instrument:

 

(A)                              such Foreign
Issuing Lender shall effect payment only if such payment is expressly
authorized by the relevant Borrower or ordered by a court decision, enforceable
in the country where it was rendered; and

 

(B)                                the relevant
Borrower shall (1) indemnify such Foreign Issuing Lender in accordance
with Section 2.6(h) and (2) pay to such Foreign Issuing Lender
an amount (without duplication) equal to the Foreign Credit Commitment Fee such
Foreign Issuing Lender would have received if the relevant Foreign Credit
Instrument or Joint Signature Foreign Credit Instrument had been outstanding
from the date the relevant Utilization Reduction Notice was given until the
date payment is made by such Borrower to the Foreign Issuing Lender in
accordance with Section 2.6(h).

 

(iii)                               From and
including the day the Utilization Reduction Notice is made, the Foreign Trade
Facility Agent and the relevant Foreign Issuing Lender shall treat each Foreign
Credit Instrument subject to such Utilization Reduction Notice for any
calculations under this Agreement, as non-existing or, as the case may be, as
reduced as specified in the Utilization Reduction Notice; provided  that, for the purpose of calculating the fees
in respect of the Foreign Trade Facility pursuant to Section 2.6(p),
such Foreign Credit Instrument shall in any case be treated as non-existing,
or, as the case may be, as reduced from the day following the Foreign Credit
Instrument Termination Date.

 

(l)                                     Permitted
Maturity.  Each
Foreign Credit Instrument shall have an expiry date that complies with the
definition of Permitted Maturity, unless any such Foreign Credit Instrument
does not provide for a specific expiry date, in which case the Commercial
Lifetime of such Foreign Credit Instrument shall fall within the Permitted
Maturity.

 

(m)                               Joint Signature
Foreign Credit Instruments.

 

(i)                                     If a
Utilization Request has been made for a Foreign Credit Instrument to be issued
as a Joint Signature Foreign Credit Instrument, then the relevant Borrower will
approach the relevant beneficiary to ascertain whether such beneficiary is
prepared to accept a Joint Signature Foreign Credit Instrument.  In case of the beneficiary’s acceptance, the
Foreign Trade

 

53

 

Facility
Agent will, in close coordination with such Borrower, select the relevant
Foreign Issuing Lenders (the “Joint Foreign Issuing Lenders”) prepared
to issue the Joint Signature Foreign Credit Instrument and acceptable to the
beneficiary.

 

(ii)                                  The Joint
Foreign Issuing Lenders so selected will then appoint one of the Joint Foreign
Issuing Lenders to act as their agent (the “Joint Foreign Trade Facility Agent”)
in connection with the Joint Signature Foreign Credit Instrument acting on
terms to be agreed between the Joint Foreign Issuing Lenders and the Joint
Foreign Trade Facility Agent pursuant to an agreement substantially in the form
of Schedule 2.6(m).  The Joint
Foreign Trade Facility Agent shall be responsible for coordinating the Joint
Foreign Issuing Lenders and shall represent the Joint Foreign Issuing Lenders vis-à-vis the beneficiary, and the Joint Foreign Trade
Facility Agent shall be responsible for processing the Joint Signature Foreign
Credit Instrument.  In such capacity, the
Joint Foreign Trade Facility Agent shall give to the Foreign Trade Facility
Agent the notices otherwise to be given by each Foreign Issuing Lender
hereunder, in particular under Sections 2.6(i), 2.6(o) and 2.6(p)(i).

 

(iii)                               Any liability
of the Joint Foreign Issuing Lenders under a Joint Signature Foreign Credit
Instrument, and the rights resulting from honoring a demand made thereunder,
shall be several.  Each Joint Foreign
Issuing Lender shall be responsible for the proportionate amount demanded by
the beneficiary under a Joint Signature Foreign Credit Instrument in the
proportion the amount of the Joint Signature Foreign Credit Instrument
allocated to it bears to the total Dollar Equivalent of such Joint Signature
Foreign Credit Instrument.  The Foreign
Trade Facility Agent shall, with respect to the determination of the
utilization of the individual Foreign Credit Instrument Issuing Commitment of
each Joint Foreign Issuing Lender and with respect to the calculation of any
Excess Amount, treat each Joint Foreign Issuing Lender in the Joint Signature
Foreign Credit Instrument as if each Joint Foreign Issuing Lender had issued a
Foreign Credit Instrument in the amount equal to the amount of its
proportionate amount in the Joint Signature Foreign Credit Instrument.

 

(n)                                 Determination
of Dollar Equivalent.  On each
Business Day on which any Foreign Credit Instrument is outstanding under this
Agreement, or there is any other Foreign Trade Exposure, the Foreign Trade
Facility Agent shall determine the amount of the Dollar Equivalent of all
outstanding Foreign Credit Instruments and unreimbursed Foreign Credit
Disbursements (in each case adjusted to reflect any repayment, prepayment or
reversal of any relevant Foreign Credit Instrument) on the basis of the foreign
exchange rates for the previous Business Day which shall be determined as
follows:

 

(i)                                     if the
conversion rate of the respective currency into Dollars is published on the internet
page

“www.db-markets.com” (on the sub-page “Markets”, sub-page “FX Rates”,
sub-page “FX Historic Rates”, link “DB Fixings (Frankfurt)” or on any
other internet page replacing such internet page, the calculation shall be
based on the rates displayed on such internet page; and

 

(ii)                                  if the
conversion rate of the respective currency into Dollars is not published on the
internet page “www.db-markets.com” (on the sub-page “Markets”, sub-page “FX
Rates”, sub-page “FX Historic Rates”, link “DB Fixings (Frankfurt)”  or on any other internet page replacing
such internet page, the calculation shall be based on the previous month’s
foreign exchange rates published on the same internet page on the sub-page “FX
Historic Rates”, further sub-page “End-of-Month prices”.

 

If
the relevant exchange rate cannot be determined in accordance with clauses (i) or
(ii) above, the Foreign Trade Facility Agent shall determine the
appropriate exchange rate in its reasonable discretion.

 

54

 

(o)                                 Cash Cover.

 

(i)                                     If, pursuant to
a Daily Report issued on the last Business Day of any calendar month (each a “Rebasing
Date”), (A) the aggregate Dollar Equivalent of the Foreign Trade
Exposure of the Foreign Issuing Lenders exceeds the aggregate amount of the
Foreign Credit Instrument Issuing Commitments of the Foreign Issuing Lenders or
the aggregate amount of the Foreign Credit Commitments of the Lenders or (B) the
aggregate Dollar Equivalent of the Foreign Credit Instruments and Joint Signature
Foreign Credit Instruments outstanding plus the aggregate Dollar Equivalent of
the outstanding unreimbursed Foreign Credit Disbursements  exceeds the amount of the Foreign Credit
Commitments of the Lenders, in either case, by more than $500,000 (any such
exceeding amount being the “Excess Amount”), the Foreign Trade Facility
Agent shall request in writing from the Parent Borrower, within a period of
five Business Days following receipt of the respective Daily Report, Cash Cover
with respect to such Excess Amount, and the Parent Borrower shall, within a
period of four Business Days following receipt of the demand from the Foreign
Trade Facility Agent, provide for Cash Cover in accordance with clause (iv) below.

 

(ii)                                  Clause (i) above
shall be applicable mutatis mutandis if,
in respect of any Rebasing Date subsequent to a Rebasing Date in respect of
which Cash Cover had been provided, the Excess Amount has increased by an
amount equal to $500,000 of the aggregate Foreign Credit Instrument Issuing
Commitments or Foreign Credit Commitments due to fluctuation of currency
exchange rates.

 

(iii)                               If in respect
of any Rebasing Date subsequent to a Rebasing Date in respect of which Cash
Cover had been provided pursuant to clause (i) above to the Foreign Trade
Facility Agent, the Excess Amount (as shown in the relevant Daily Report) has
been reduced to zero (either through fluctuation of currency exchange rates or
through the reduction or expiration of any Foreign Credit Instruments), the
Foreign Trade Facility Agent shall release the whole or relevant part of the
Cash Cover within three Business Days of the relevant Rebasing Date.

 

(iv)                              If a Borrower
is obliged to provide for Cash Cover under this Agreement, such Borrower shall
pay the relevant amount for which it shall provide Cash Cover in Dollars or in
the Dollar Equivalent of the currency of the respective Foreign Credit
Instrument for which Cash Cover has to be provided to an account of the Foreign
Trade Facility Agent, in the name of the Parent Borrower, to be maintained for
the benefit of the Foreign Issuing Lenders and Lenders with a Foreign Credit
Commitment (such deposited amount, the “Cash Cover”).  Such account shall be an interest bearing
account (subject to Section 2.6(b)(v), with the amount of interest to
be determined by the Foreign Trade Facility Agent in accordance with its
standard business practice) in the name of the Parent Borrower and such account
shall be pledged to the Administrative Agent on the basis of a pledge agreement
in form and substance reasonably satisfactory to the Administrative Agent and
the Parent Borrower.

 

(v)                                 If the term on
any Foreign Credit Instrument or Joint Signature Foreign Credit Instrument
extends beyond the Foreign Trade Maturity Date or other termination of this
Agreement, the applicable Borrower shall, on the earlier of the Foreign Trade
Maturity Date or the date of such other termination of this Agreement, either (A) cause
such Foreign Credit Instrument or Joint Signature Foreign Credit Instrument to
be surrendered for cancellation to the applicable Foreign Issuing Lender or (B) provide
Cash Cover (or other credit support reasonably satisfactory) to the Foreign
Trade Facility Agent in an amount equal to at least 103% of the Dollar
Equivalent of the Face Amount of such Foreign Credit Instrument or Joint
Signature Foreign Credit Instrument. 
Upon notice to the Foreign Trade Facility Agent of the termination,

 

55

 

reduction or expiration (without any pending drawing) of such Foreign
Credit Instrument or Joint Signature Foreign Credit Instrument issued by such
Foreign Issuing Lender, the Foreign Trade Facility Agent shall release the
whole or relevant part of the Cash Cover within three Business Days of the
relevant date of termination, reduction or expiration, and the Foreign Trade
Facility Agent shall use Cash Cover to promptly reimburse any Foreign Issuing
Lender honoring any Foreign Credit Instrument.

 

(p)                                 Fees;
Termination.

 

(i)                                     Foreign Credit
Commitment Fee.  The Parent
Borrower agrees to pay (or to cause a Foreign Subsidiary Borrower to pay) to
the Foreign Trade Facility Agent, for the account of each Lender with a Foreign
Credit Commitment, a commitment  fee (the
“Foreign Credit Commitment Fee”) which shall accrue at the Applicable
Rate on the average daily unused amount of each Foreign Credit Commitment of
such Lender during the period from and including the Effective Date to but
excluding the date on which the Foreign Credit Commitments terminate.  Accrued Foreign Credit Commitment Fees shall
be paid quarterly in arrears on the last Business Day of March, June, September and
December of each year and on the date on which the Foreign Credit
Commitments terminate, commencing on the first such date to occur after the
date hereof.  Foreign Credit Commitment
Fees shall be computed on the basis of a year of 365 days (or 366 days in a
leap year) and shall be payable for the actual number of days elapsed
(including the first day but excluding the last day).

 

(ii)                                  Foreign Credit
Instrument Fee.  The Parent
Borrower agrees to pay (or to cause a Foreign Subsidiary Borrower to pay) to
the Foreign Trade Facility Agent, for the account of each Lender with a Foreign
Credit Commitment, a participation fee (the “Foreign Credit Instrument Fee”)
with respect to its participation in Foreign Credit Instruments and Joint
Signature Foreign Credit Instrument which shall accrue at the Applicable Rate
on the average daily Face Amount of each such Foreign Credit Instrument and
Joint Signature Foreign Credit Instrument outstanding (i.e. unexpired and not
terminated) during the period from and including the Effective Date to but
excluding the later of the date on which such Lender’s Foreign Credit
Commitment terminates and the date on which such Lender ceases to have any
participation risk with respect to Foreign Credit Instruments and Joint
Signature Foreign Credit Instruments issued hereunder.  Accrued Foreign Credit Instrument Fees shall
be paid quarterly in arrears on the last Business Day of March, June, September and
December of each year and on the date on which the Foreign Credit
Commitments terminate, commencing on the first such date to occur after the
date hereof.  Foreign Credit Instrument
Fees shall be computed on the basis of a year of 365 days (or 366 days in a
leap year) and shall be payable for the actual number of days elapsed
(including the first day but excluding the last day).

 

(iii)                               Foreign Credit
Fronting Fee.  With
respect to each issuance of a Foreign Credit Instrument requested by a
Borrower, such Borrower shall pay, in arrears for each calendar quarter in
accordance with clause (vi) below, a fronting fee in the amount of 0.125%
per annum on the Dollar Equivalent of such Foreign Credit Instrument (the “Foreign
Credit Fronting Fee”).  With respect
to any such calculation, clause (i) above shall apply mutatis  mutandis.

 

(iv)                              Foreign Credit
Handling Fee.  Each
Borrower shall, with respect to the issuance or amendment of any Foreign Credit
Instrument by a Foreign Issuing Lender, pay to such Foreign Issuing Lender,
quarterly in arrears in accordance with clause (vi) below, a handling fee
of $150 with respect to each Foreign Credit Instrument so issued, and $100 with
respect to each Foreign Credit Instrument so amended, by such Foreign Issuing
Lender during the previous calendar quarter (the “Foreign Credit Handling
Fee”).

 

56

 

(v)                                 Other Fees and
Expenses.  Each
Borrower shall, within three Business Days following written demand from a
Foreign Issuing Lender that has issued a Foreign Credit Instrument for such
Borrower, reimburse such Foreign Issuing Lender for all reasonable costs
(including internal costs) and expenses (including legal fees) incurred by such
Lender and evidenced to such Borrower in connection with the handling of any
claims made against such Lender under any Foreign Credit Instrument issued by
it.

 

(vi)                              Payment of
Foreign Credit Fees.  Each
Foreign Issuing Lender shall notify the Foreign Trade Facility Agent in writing
about the amount of all Foreign Credit Handling Fees payable by any Borrower
with respect to each previous calendar quarter not later than on the fifth
Business Day of each calendar quarter. 
In the case of each Foreign Issuing Lender, the notification needs to include
only the sum of all such fees payable to such Lender and the respective amounts
owing from each Borrower.  The Foreign
Trade Facility Agent shall calculate the Foreign Credit Commitment Fee, the
Foreign Credit Instrument Fee and the Foreign Credit Fronting Fee payable by
the Borrowers with respect to the previous calendar quarter.  The Foreign Trade Facility Agent shall, not
later than the seventh Business Day of each calendar quarter, inform the Parent
Borrower in writing about the amount of the Foreign Credit Commitment Fee,
Foreign Credit Instrument Fee and the Foreign Credit Fronting Fee payable with
respect to the previous quarter and the aggregate amount of the Foreign Credit
Handling Fee, as notified to it by the Foreign Issuing Lenders pursuant to the
first sentence of this clause (vii), and the Parent Borrower shall pay (or
shall cause the relevant Borrower to pay) such amounts to the Foreign Trade
Facility Agent for distribution to the Foreign Issuing Lenders and the
applicable Lenders not later than the fifth Business Day following the receipt
by the Parent Borrower of the notification from the Foreign Trade Facility
Agent.

 

(vii)                           Termination.  (A) With respect to each Foreign Credit
Instrument issued and which is or under which claims are still outstanding on
the earlier of (I) the Foreign Trade Maturity Date or (II) the date
of termination or cancellation of the Foreign Credit Instrument Issuing
Commitments and Foreign Credit Commitments or (B) if an Event of Default
has occurred and is continuing, upon the request of the Required Lenders to the
Administrative Agent, the Parent Borrower or other relevant Borrower, will on
such applicable date provide Cash Cover to (or other credit support reasonably
satisfactory to) the Foreign Trade Facility Agent in an amount equal to at
least 103% of the Face Amount of all such Foreign Credit Instruments.  Section 2.6(o)(v) shall
apply mutatis  mutandis.

 

(q)                                 Cancellation.

 

(i)                                     The Parent
Borrower may, by giving to the Administrative Agent, with a copy to the Foreign
Trade Facility Agent, not less than 15 days’ prior written notice, cancel the
whole or any part (being a minimum of $10,000,000) of the then unused Foreign
Credit Instrument Issuing Commitments and/or the Foreign Credit Commitments
without premium or penalty (it being understood and agreed that any
cancellation or termination of the Foreign Credit Instrument Issuing
Commitments and/or Foreign Credit Commitments pursuant to this Section 2.6(q) shall
be done on a pro rata basis); provided
that a notice of termination of the unused Foreign Credit Instrument Issuing
Commitments and/or the Foreign Credit Commitments delivered by the Parent
Borrower may state that such notice is conditioned upon the effectiveness or
closing of other credit facilities, debt financings or Dispositions, in which
case such notice may be revoked or the date specified therein extended by the
Parent Borrower (by notice to the Administrative Agent and the Foreign Trade
Facility Agent on or prior to the specified effective date) if such condition
is not satisfied.

 

57

 

(ii)                                  If any Foreign
Issuing Lender claims a payment or indemnification from any Borrower under Section 2.17,
the Parent Borrower may, within 30 days thereafter and by not less than 15 days’
prior written notice to the Administrative Agent, with a copy to the Foreign
Trade Facility Agent, cancel such Foreign Issuing Lender’s unused Foreign
Credit Instrument Issuing Commitment whereupon such Foreign Issuing Lender
shall cease to be obliged to issue further Foreign Credit Instruments and its
unused Foreign Credit Instrument Issuing Commitment shall be reduced to
zero.  The remaining amount of such
Foreign Issuing Lender’s Commitment shall be cancelled automatically in whole, or,
as the case may be, in part with the receipt by the Foreign Trade Facility
Agent of the Utilization Reduction Notice(s) with respect to the Foreign
Credit Instruments issued by such Foreign Issuing Lender and still outstanding.

 

(iii)                               Any notice of
cancellation given by the Parent Borrower pursuant to clause (i) or (ii) above
shall be irrevocable and shall specify the date upon which such cancellation is
to be made and the amount of such cancellation; provided, however,
that any such notice of cancellation delivered by the Parent Borrower may state
that such notice is conditioned upon the effectiveness or closing of other
credit facilities, debt financings or Dispositions, in which case such notice
may be revoked or the date specified therein extended by the Parent Borrower
(by notice to the Administrative Agent and the Foreign Trade Facility Agent on
or prior to the specified effective date) if such condition is not satisfied.

 

(iv)                              Cancelled
Foreign Credit Instrument Issuing Commitments cannot be reinstated and
cancelled Foreign Credit Commitments cannot be reinstated.

 

(r)                                    Reports.  The Foreign Trade Facility Agent shall send
to the Foreign Issuing Lenders, Lenders with Foreign Credit Commitments, the
Parent Borrower and the Administrative Agent, via e-mail to the addresses and
persons notified for this purpose by such Persons to the Foreign Trade Facility
Agent, (i) on each Business Day, a report (the “Daily Report”) (A) stating
the Dollar Equivalent for all outstanding Foreign Credit Instruments as determined
for such Business Day, (B) listing, for each Foreign Issuing Lender, as of
such Business Day, the Dollar Equivalent of the outstanding Foreign Credit
Instruments issued by such Foreign Issuing Lender and the percentage of each
such Foreign Issuing Lender’s utilized Foreign Credit Instrument Issuing
Commitment, and (C) containing the further information about the
utilization of the Foreign Trade Facility as specified on Schedule 2.6(r),
(ii) on each Business Day, a daily activity report of the previous
Business Day, in a form as substantially set out in Schedule 2.6(r) and
(iii) not later than the fifth Business Day of each calendar month, a
report stating all overdue Foreign Credit Instruments and all Foreign Credit
Instruments falling due within such month and the following calendar
month.  The Parent Borrower and each
Foreign Issuing Lender shall inform the Foreign Trade Facility Agent by 5:00 p.m.,
Düsseldorf time, on the fifth Business Day following receipt of any such report
if it does not agree with any information contained in such report.

 

(s)                                  Unreimbursed
Foreign Credit Disbursements.  Each Foreign Issuing Lender shall promptly
notify the Foreign Trade Facility Agent and the Administrative Agent of any
Foreign Credit Disbursement of such Foreign Issuing Lender that has not been
reimbursed by or on behalf of the relevant Borrower and shall include in such
notice (i) the date of the Foreign Credit Disbursement, (ii) the name
of the relevant Borrower and (iii) the amount (including the currency) of
such Foreign Credit Disbursement and the Dollar Equivalent thereof as
calculated by such Foreign Issuing Lender in accordance with this Agreement.

 

(t)                                    Additional
Foreign Issuing Lenders.  Upon
notice to the Administrative Agent and the Foreign Trade Facility Agent (which
shall promptly notify the Lenders with Foreign Credit Commitments), the Parent
Borrower may, designate additional Foreign Issuing Lenders to provide

 

58

 

additional Foreign Credit Instrument Issuing Commitments hereunder
and/or designate existing Foreign Issuing Lenders to provide an increase to its
existing Foreign Credit Instrument Issuing Commitment hereunder.  No Person shall have any obligation hereunder
to become a Foreign Issuing Lender or to provide any such additional or
increased Foreign Credit Instrument Issuing Commitment.  The Foreign Issuing Lender or other Person
that in its sole discretion agrees to provide any such increased or additional
Foreign Credit Instrument Issuing Commitment shall enter into a Foreign Issuing
Lender Joinder Agreement with completions reasonably acceptable to the
Administrative Agent, the Foreign Trade Facility Agent and the Parent
Borrower.  No such designation shall be
made to (i) the Parent Borrower or the Parent Borrower’s Affiliates or
Subsidiaries or (ii) a natural person. 
Upon consummation of any such Foreign Issuing Lender Joinder Agreement,
Schedule 1.1A shall be deemed revised to reflect the applicable Foreign Credit
Instrument Issuing Commitment added pursuant to such Foreign Issuing Lender
Joinder Agreement.

 

Section 2.7.                                   Funding of
Borrowings.

 

(a)                                  Each Lender
shall make each Loan (other than any Incremental Term Loan) to be made by it
hereunder on the proposed date thereof by wire transfer to the Administrative
Agent in same day funds at the Administrative Agent’s Office for the applicable
currency most recently designated by it for such purpose by notice to the
Lenders, in immediately available funds, not later than 12:00 noon, New York
City time, in the case of any Loan denominated in Dollars and not later than
the Applicable Time specified by the Administrative Agent in the case of any
Loan denominated in a Qualified Global Currency; provided that Swingline
Loans shall be made as provided in Section 2.4.  The Administrative Agent will make such Loans
available to the relevant Borrower by wiring the amounts so received, in like
funds, to an account designated by such Borrower in the applicable Borrowing
Request; provided that ABR Domestic Revolving Loans made to finance the
reimbursement of an LC Disbursement as provided in Section 2.5(e) shall
be remitted by the Administrative Agent to the applicable Issuing Lender.  Any funding of Incremental Term Loans shall
be made pursuant to such procedures as shall be agreed to by the Parent
Borrower, the relevant Incremental Term Lenders and the Administrative Agent.

 

(b)                                 Unless the
Administrative Agent shall have received notice from a Lender prior to the
proposed date of any Borrowing that such Lender will not make available to the
Administrative Agent such Lender’s share of such Borrowing, the Administrative
Agent may assume that such Lender has made such share available on such date in
accordance with paragraph (a) of this Section and may, in reliance
upon such assumption, make available to the applicable Borrower a corresponding
amount in the required currency.  In such
event, if a Lender has not in fact made its share of the applicable Borrowing
available to the Administrative Agent, then the applicable Lender and such
Borrower severally agree to pay to the Administrative Agent forthwith on demand
such corresponding amount with interest thereon in such currency, for each day
from and including the date such amount is made available to such Borrower to
but excluding the date of payment to the Administrative Agent, at (i) in
the case of such Lender, the greater of the Federal Funds Effective Rate and a
rate determined by the Administrative Agent to represent its cost of overnight
or short-term funds in the relevant currency (which determination shall be
conclusive absent manifest error) or (ii) in the case of a Borrower, the
interest rate applicable to such Borrowing. 
If such Lender pays such amount to the Administrative Agent, then such
amount shall constitute such Lender’s Loan included in such Borrowing.

 

Section 2.8.                                   Interest
Elections.

 

(a)                                  Each Revolving
Borrowing and Term Loan Borrowing initially shall be of the Type specified in
the applicable Borrowing Request and, in the case of a Eurocurrency Borrowing,
shall have an initial Interest Period as specified in such Borrowing
Request.  Thereafter, a Borrower may
elect to convert such Borrowing to a different Type or to continue such
Borrowing and, in the case of a

 

59

 

Eurocurrency
Borrowing, may elect Interest Periods therefor, all as provided in this
Section.  A Borrower may elect different
options with respect to different portions of the affected Borrowing, in which
case each such portion shall be allocated ratably among the Lenders holding the
Loans comprising such Borrowing, and the Loans comprising each such portion
shall be considered a separate Borrowing. 
Notwithstanding the foregoing, a Borrower may not (i) elect to
convert the currency in which any Loans are denominated, (ii) elect to
convert Qualified Global Currency Loans from Eurocurrency Loans to ABR Loans, (iii) elect
an Interest Period for Eurocurrency Loans that does not comply with Section 2.2(d),
(iv) elect to convert any ABR Loans to Eurocurrency Loans that would
result in the number of Eurocurrency Borrowings exceeding the maximum number of
Eurocurrency Borrowings permitted under Section 2.2(c), (v) elect
an Interest Period for Eurocurrency Loans unless the aggregate outstanding principal
amount of Eurocurrency Loans (including any Eurocurrency Loans made to such
Borrower in the same currency on the date that such Interest Period is to
begin) to which such Interest Period will apply complies with the requirements
as to minimum principal amount set forth in Section 2.2(c) or (vi) elect
to convert or continue any Swingline Borrowings.

 

(b)                                 To make an
election pursuant to this Section, a Borrower shall notify the Administrative
Agent of such election by telephone by the time that a Borrowing Request would
be required under Section 2.3 if such Borrower were requesting a
Borrowing of Domestic Revolving Loans or Global Revolving Loans of the Type
resulting from such election to be made on the effective date of such
election.  Each such telephonic Interest
Election Request shall be irrevocable and shall be confirmed promptly by
delivery to the Administrative Agent of a written Interest Election Request in
a form approved by the Administrative Agent and signed by the relevant
Borrower.

 

(c)                                  Each telephonic
and written Interest Election Request shall specify the following information
in compliance with Section 2.2 and paragraph (a) of this
Section:  (i) the Borrowing to which
such Interest Election Request applies; (ii) the effective date of the election
made pursuant to such Interest Election Request, which shall be a Business Day;
(iii) whether the resulting Borrowing is to be an ABR Borrowing or a
Eurocurrency Borrowing; and (iv) if the resulting Borrowing is a
Eurocurrency Borrowing, the Interest Period to be applicable thereto after
giving effect to such election.  If any
such Interest Election Request requests a Eurocurrency Borrowing but does not
specify an Interest Period, then the relevant Borrower shall be deemed to have
selected an Interest Period of one month’s duration.

 

(d)                                 Promptly
following receipt of an Interest Election Request, the Administrative Agent
shall advise each relevant Lender of the details thereof and of such Lender’s
portion of each resulting Borrowing.

 

(e)                                  If the relevant
Borrower fails to deliver a timely Interest Election Request with respect to a
Eurocurrency Borrowing denominated in Dollars prior to the end of the Interest
Period applicable thereto, then, unless such Borrowing is repaid as provided
herein, at the end of such Interest Period such Borrowing shall be converted to
an ABR Borrowing.  If the relevant
Borrower fails to deliver a timely Interest Election Request with respect to a
Eurocurrency Borrowing denominated in a Qualified Foreign Global Currency prior
to the end of the Interest Period applicable thereto, then, unless such
Borrowing is repaid as provided herein, at the end of such Interest Period such
Borrowing shall automatically continue as a Eurocurrency Loan having an
Interest Period of one month. 
Notwithstanding any contrary provision hereof, if an Event of Default
has occurred and is continuing and the Administrative Agent, at the request of
the Required Lenders, so notifies the Parent Borrower, then, so long as an
Event of Default is continuing (i) no outstanding Borrowing denominated in
Dollars may be converted to or continued as a Eurocurrency Borrowing, (ii) unless
repaid, each Eurocurrency Borrowing denominated in Dollars shall be converted
to an ABR Borrowing at the end of the Interest Period applicable thereto and (iii) no
Borrowing denominated in a Qualified Global Currency having an Interest Period
in excess of one month may be made or continued.

 

60

 

Section 2.9.                                   Termination and
Reduction of Commitments.

 

(a)                                  (i) The
Term Loan Commitments shall terminate on the Effective Date after the funding
of the Initial Term Loans on the Effective Date, (ii) the Domestic
Revolving Commitments shall terminate on the Domestic Revolving Maturity Date, (iii) the
Global Revolving Commitments shall terminate on the Global Revolving Maturity
Date and (iv) the Foreign Credit Instrument Issuing Commitments and the
Foreign Credit Commitments shall terminate on the Foreign Trade Maturity Date.

 

(b)                                 The Parent
Borrower may at any time terminate, or from time to time reduce, the
Commitments of any Class; provided that (i) each reduction of the
Commitments (other than Foreign Credit Instrument Issuing Commitments) of any Class shall
be in an amount that is an integral multiple of $1,000,000 and not less than
$10,000,000, (ii) the Parent Borrower shall not terminate or reduce (A) the
Domestic Revolving Commitments if, after giving effect to any concurrent
prepayment of the Domestic Revolving Loans in accordance with Section 2.12,
the Domestic Revolving Exposure would exceed the total Domestic Revolving
Commitments, (B) the Global Revolving Commitments if, after giving effect
to any concurrent prepayment of the Global Revolving Loans in accordance with Section 2.12,
the Global Revolving Exposure would exceed the total Global Revolving
Commitments, or (C) the Foreign Credit Instrument Issuing Commitments or
the Foreign Credit Commitments if the Total Foreign Trade Exposure would exceed
(1) the total Foreign Credit Instrument Issuing Commitments or (2) the
total Foreign Credit Commitments and (iii) each reduction of Foreign
Credit Instrument Issuing Commitments and the Foreign Credit Commitments shall
be made in accordance with Section 2.6(q).

 

(c)                                  The Parent
Borrower shall notify the Administrative Agent of any election to terminate or
reduce the Commitments under paragraph (b) of this Section, at least three
Business Days prior to the effective date of such termination or reduction,
specifying such election and the effective date thereof.  Promptly following receipt of any notice, the
Administrative Agent shall advise the Lenders of the contents thereof.  Each notice delivered by the Parent Borrower pursuant
to this Section shall be irrevocable; provided that a notice of
termination of the Commitments delivered by the Parent Borrower may state that
such notice is conditioned upon the effectiveness or closing of other credit
facilities, debt financings or Dispositions, in which case such notice may be
revoked or the date specified therein extended by the Parent Borrower (by
notice to the Administrative Agent on or prior to the specified effective date)
if such condition is not satisfied.  Any
termination or reduction of the Commitments shall be permanent.  Each reduction of the Commitments of any Class shall
be made ratably among the Lenders in accordance with their respective
Commitments of such Class.

 

Section 2.10.                             Evidence of
Debt.

 

(a)                                  Each Lender
shall maintain in accordance with its usual practice an account or accounts evidencing
the indebtedness of each Borrower to such Lender resulting from each Loan made,
and each Foreign Credit Instrument issued, by such Lender, including the
amounts of principal and interest payable and paid to such Lender from time to
time hereunder.

 

(b)                                 The
Administrative Agent, on behalf of the Borrowers, shall maintain the Register
pursuant to Section 9.4(c) and a subaccount for each Lender in
which it shall record (i) the amount of each Loan made hereunder (whether
or not evidenced by a promissory note), the Class and Type thereof and the
Interest Period applicable thereto, (ii) the amount of any principal
and/or interest due and payable or to become due and payable from each Borrower
to each Lender hereunder and (iii) the amount of any sum received by the
Administrative Agent hereunder for the account of the Lenders and each Lender’s
share thereof.  The Foreign Trade
Facility Agent shall maintain records in which it shall record all relevant
details about each Foreign Credit Instrument issued hereunder and, upon the
request of the

 

61

 

Administrative
Agent, the Foreign Trade Facility Agent shall make such records (or copies
thereof) available to the Administrative Agent.

 

(c)           The entries made in the
accounts maintained pursuant to paragraph (a) or (b) of this Section shall
be prima facie evidence of the existence
and amounts of the obligations recorded therein; provided that the
failure of any Lender or any Agent to maintain such accounts or any error
therein shall not in any manner affect the obligation of any Borrower to repay
the Loans in accordance with the terms of this Agreement.

 

(d)           Upon the request of any
Lender made through the Administrative Agent, the Parent Borrower shall execute
and deliver to such Lender (through the Administrative Agent) a promissory
note, which shall evidence such Lender’s Loans in addition to such accounts or
records.  Each such promissory note shall
(i) in the case of Domestic Revolving Loans, be in the form of Exhibit J
(a “Domestic Revolving Note”), (ii) in the case of Global Revolving
Loans, be in the form of Exhibit K (a “Global Revolving Note”),
(iii) in the case of Swingline Loans, be in the form of Exhibit L
(a “Swingline Note”), and (iv) in the case of Term Loans, be in the
form of Exhibit M (a “Term Note”).  Each Lender may attach schedules to its Note
and endorse thereon the date, Type (if applicable), amount, currency and
maturity of its Loans and payments with respect thereto.

 

Section 2.11.          Repayment of Loans.

 

(a)           The Parent Borrower shall
repay the outstanding principal amount of the Initial Term Loan on the dates
and in the amounts set forth in the table below (as such installments may
hereafter be adjusted as a result of prepayments made pursuant to Section 2.12,
unless accelerated sooner pursuant to Article VII):

 

	
  Payment Dates

  	
   

  	
  Principal Amortization

  Payment

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  March 31, 2008

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  June 30, 2008

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  September 30, 2008

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  December 31, 2008

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  March 31, 2009

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  June 30, 2009

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  September 30, 2009

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  December 31, 2009

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  March 31, 2010

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  June 30, 2010

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  September 30, 2010

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  December 31, 2010

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  March 31, 2011

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  June 30, 2011

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  September 30, 2011

  	
   

  	
  $

  	
  18,750,000

  	
   

  
	
  December 31, 2011

  	
   

  	
  $

  	
  112,500,000

  	
   

  
	
  March 31, 2012

  	
   

  	
  $

  	
  112,500,000

  	
   

  
	
  June 30, 2012

  	
   

  	
  $

  	
  112,500,000

  	
   

  
	
  Term Loan Maturity Date

  	
   

  	
  Outstanding Principal

  Balance of Term Loan

  	
   

  

 

62

 

(b)           The Parent Borrower shall
repay Incremental Term Loans in consecutive installments (which shall be no
more frequent than quarterly) as specified in the Incremental Facility
Activation Notice pursuant to which such Incremental Term Loans were made; provided
that the weighted average life of each Incremental Term Loan shall be no
shorter than the remaining weighted average life of the other previously
existing Term Loans.

 

(c)           The Parent Borrower shall
repay (i) the then unpaid principal amount of the Domestic Revolving Loans
on the Domestic Revolving Maturity Date and (ii) the then unpaid principal
amount of each Swingline Loan on the earlier of the Domestic Revolving Maturity
Date and the first date after such Swingline Loan is made that is the 15th or
last Business Day of a calendar month and is at least two Business Days after
such Swingline Loan is made; provided that on each date that a Borrowing
of Domestic Revolving Loans is made, the Parent Borrower shall repay all
Swingline Loans then outstanding.

 

(d)           Each Borrower shall repay
the then unpaid principal amount of the Global Revolving Loans on the Global
Revolving Maturity Date.

 

Section 2.12.          Prepayment of Loans.

 

(a)           Each Borrower shall have the
right at any time and from time to time to prepay any Borrowing in whole or in
part, subject to the requirements of this Section.

 

(b)           If on any date any Net
Proceeds are received by or on behalf of the Parent Borrower or any Subsidiary
in respect of any Prepayment Event, the Parent Borrower shall, within ten
Business Days after such Net Proceeds are received, apply an amount equal to
the aggregate amount of such Net Proceeds, first, to prepay Term Loans
and, second, (after the Term Loans have been paid in full) to the
Domestic Revolving Loans and the Global Revolving Loans on a pro rata basis (without a corresponding permanent reduction
in the aggregate Domestic Revolving Commitments or the aggregate Global
Revolving Commitments); provided that, in the case of any event
described in clause (a) or (b) of the definition of the term Prepayment
Event, if the Parent Borrower shall deliver to the Administrative Agent a
certificate of a Financial Officer to the effect that the Parent Borrower and
the Subsidiaries intend to apply the Net Proceeds from such event (“Reinvestment
Net Proceeds”), within 360 days after receipt of such Net Proceeds, to make
Permitted Acquisitions or Investments permitted by Section 6.5 or
acquire real property, equipment or other assets to be used in the business of
the Parent Borrower and the Subsidiaries, and certifying that no Default or
Event of Default has occurred and is continuing, then no prepayment or
Commitment reduction shall be required pursuant to this paragraph in respect of
such event except to the extent of any Net Proceeds therefrom that have not
been so applied by the end of such 360-day period, at which time a prepayment
shall be required in an amount equal to the Net Proceeds that have not been so
applied.  Notwithstanding the foregoing,
from and after the date during any fiscal year of the Parent Borrower on which
the aggregate gross proceeds (inclusive of amounts of the type described in the
first parenthetical of Section 6.6(d)) from Dispositions pursuant
to Section 6.6(d) received during such fiscal year exceed 15%
of Total Consolidated Assets, the Net Proceeds from each subsequent Prepayment
Event occurring during such fiscal year resulting from Dispositions pursuant to
Section 6.6(d) (and a ratable amount of Net Proceeds from any
Prepayment Event that first causes the aforementioned 15% threshold to be
exceeded, which ratable amount shall be determined by reference to a fraction,
the numerator of which shall be the portion of the gross proceeds from such
Prepayment Event representing the excess above such 15% threshold and the
denominator of which shall be the aggregate gross proceeds from such Prepayment
Event) may not be treated as Reinvestment Net Proceeds.

 

63

 

(c)           If on any
Determination Date relating to the Global Revolving Facility, the Total Global
Exposure exceeds the total Global Revolving Commitments by more than $500,000,
the Parent Borrower shall, without notice or demand, within three Business Days
after such Determination Date, prepay (or cause the relevant Foreign Subsidiary
Borrower to prepay) the Borrowings of Global Revolving Loans (or, if no such
Borrowings are outstanding, deposit cash collateral in an account with the
Administrative Agent pursuant to Section 2.5(j)) in an aggregate
amount such that, after giving effect thereto, the Total Global Exposure does
not exceed the total Global Revolving Commitments.  If on any Determination Date relating to the
Domestic Revolving Facility, the Total Domestic Exposure exceeds the total
Domestic Revolving Commitments, the Parent Borrower shall, without notice or
demand, within three Business Days after such Determination Date, prepay (or
cause the relevant Foreign Subsidiary Borrower to prepay) the Borrowings of
Domestic Revolving Loans or Swingline Borrowings (or, if no such Borrowings are
outstanding, deposit cash collateral in an account with the Administrative
Agent pursuant to Section 2.5(j)) in an aggregate amount such that,
after giving effect thereto, the Total Domestic Exposure does not exceed the
total Domestic Revolving Commitments.

 

(d)           A Borrower shall notify the
Administrative Agent by telephone (confirmed by telecopy promptly thereafter)
of any prepayment hereunder (i) in the case of prepayment of a
Eurocurrency Borrowing, not later than 11:00 a.m., New York City time (or
11:00 a.m., London time, as applicable), three Business Days before the
date of prepayment, (ii) in the case of prepayment of an ABR Borrowing,
not later than 11:00 a.m., New York City time, one Business Day before the
date of prepayment or (iii) in the case of prepayment of a Swingline Loan,
not later than 12:00 noon, New York City time, on the date of prepayment.  Each such notice shall be irrevocable and
shall specify the prepayment date, the principal amount of each Borrowing or
portion thereof to be prepaid and, in the case of a mandatory prepayment, a
reasonably detailed calculation of the amount of such prepayment; provided
that, if a notice of optional prepayment is given in connection with a
conditional notice of termination of the Domestic Revolving Commitments or the
Global Revolving Commitments as contemplated by Section 2.9, then
such notice of prepayment may be revoked (or the date specified therein
extended) if such notice of termination is revoked (or the date specified
therein extended) in accordance with Section 2.9.  Promptly following receipt of any such notice
(other than a notice relating solely to Swingline Loans), the Administrative
Agent shall advise the Lenders of the contents thereof.  Each partial prepayment of any Borrowing
shall be in an amount that would be permitted in the case of an advance of a
Borrowing of the same Type as provided in Section 2.2, except as
necessary to apply fully the required amount of a mandatory prepayment.

 

Section 2.13.          Certain Payment Application
Matters.

 

(a)           Each repayment or prepayment
of a Borrowing shall be applied ratably to the Loans included in the repaid
Borrowing.  It is understood that, in the
case of Global Revolving Loans, the relevant Borrower may select the particular
currency of Loans to be prepaid, and such prepayment shall then be applied
ratably to such Loans.  Repayments and
prepayments of Borrowings shall be accompanied by accrued interest on the
amount repaid.

 

(b)           Any mandatory prepayment of
Term Loans shall be allocated pro rata among
the Initial Term Loans and any Incremental Term Loans based on the aggregate
principal amount of outstanding Borrowings of each such Class.  Any optional prepayment of Term Loans shall
be allocated as directed by the Parent Borrower to the Initial Term Loans and/or
the Incremental Term Loans.  Amounts
prepaid on account of the Term Loans may not be reborrowed.

 

(c)           Each mandatory prepayment of
the Term Loans shall be applied to the installments, first to any
remaining scheduled installments due prior to the second anniversary of the
date of such prepayment (applied pro rata to
such remaining installments) and, second, to the remaining scheduled

 

64

 

installments
due on or after the second anniversary of the date of such prepayment (applied pro rata to such remaining installments).  Any optional prepayment of the Term Loans
shall be applied to the installments of the Term Loans as directed by the
Parent Borrower.

 

Section 2.14.          Fees.

 

(a)           The Parent Borrower agrees
to pay to the Administrative Agent for the account of each relevant Lender (i) a
commitment fee (the “Domestic Revolving Commitment Fee”), which shall
accrue at the Applicable Rate on the average daily unused amount of the
Domestic Revolving Commitment of such Lender during the period from and
including the Effective Date to but excluding the Domestic Revolving Maturity
Date and (ii) a commitment fee (the “Global Revolving Commitment Fee”),
which shall accrue at the Applicable Rate on the average daily unused amount of
the Global Revolving Commitment of such Lender during the period from and
including the Effective Date to but excluding the Global Revolving Maturity
Date.  Accrued commitment fees shall be
payable in arrears on the last Business Day of March, June, September and December of
each year and on the Domestic Revolving Maturity Date and the Global Revolving
Maturity Date, as applicable, commencing on the first such date to occur after
the date hereof.  Domestic Revolving
Commitment Fees and Global Revolving Commitment Fees shall be computed on the
basis of a year of 360 days and shall be payable for the actual number of days
elapsed (including the first day but excluding the last day).  For purposes of computing commitment fees (x) in
respect of the Domestic Revolving Commitments, the Domestic Revolving
Commitment of a Lender shall be deemed to be used to the extent of the
outstanding Domestic Revolving Loans and LC Exposure of such Lender (and the
Swingline Exposure of such Lender shall be disregarded for such purpose) and (y) in
respect of the Global Revolving Commitments, the Global Revolving Commitments
of a Lender shall be deemed to be used to the extent of the outstanding Global
Revolving Loans of such Lender.  For the
avoidance of doubt, the Foreign Credit Commitment Fee is set forth in Section 2.6(p)(i).

 

(b)           Each Borrower agrees to pay:

 

(i)            to the
Administrative Agent for the account of each Domestic Revolving Lender a
participation fee with respect to its participations in Letters of Credit, which
shall accrue at the same Applicable Rate as interest on Eurocurrency Revolving
Loans on the average daily amount of such Lender’s LC Exposure (excluding any
portion thereof attributable to unreimbursed LC Disbursements) during the
period from and including the Effective Date to but excluding the later of the
date on which such Lender’s Domestic Revolving Commitment terminates and the
date on which such Lender ceases to have any LC Exposure;

 

(ii)           to the
applicable Issuing Lender a fronting fee, which shall accrue at the rate of
0.125% per annum on the average daily amount of the LC Exposure (excluding any
portion thereof attributable to unreimbursed LC Disbursements) during the
period from and including the Effective Date to but excluding the later of the
date of termination of the Domestic Revolving Commitments and the date on which
there ceases to be any LC Exposure, as well as such Issuing Lender’s standard
fees with respect to the issuance, amendment, renewal or extension of any
Letter of Credit or processing of drawings thereunder; and

 

(iii)          to the
applicable Foreign Issuing Lender and the other Lenders, the fees set forth in Section 2.6(p).

 

Participation
fees and fronting fees pursuant to clauses (i) and (ii) above accrued
through and including the last day of March, June, September and December of
each year shall be payable on the third Business Day following such last day,
commencing on the first such date to occur after the Effective Date;

 

65

 

provided that all such
fees shall be payable on the date on which the Domestic Revolving Commitments
terminate and any such fees accruing after the date on which the Domestic
Revolving Commitments terminate shall be payable on demand.  Except as otherwise provided in Section 2.6(p),
any other fees payable to the applicable Issuing Lender or Foreign Issuing
Lender pursuant to this paragraph shall be payable within 10 days after
demand.  All participation fees and
fronting fees shall be computed on the basis of a year of 360 days and shall be
payable for the actual number of days elapsed (including the first day but
excluding the last day).  For the
purposes of calculating the average daily amount of the LC Exposure for any period
under this Section 2.14(b), the average daily amount of the
Alternative Currency LC Exposure for such period shall be calculated by
multiplying (x) the average daily balance of each Alternative Currency
Letter of Credit (expressed in the currency in which such Alternative Currency
Letter of Credit is denominated) by (y) the Exchange Rate for each such
Alternative Currency in effect on the last Business Day of such period or by
such other reasonable method that the Administrative Agent deems appropriate.

 

(c)           The Parent Borrower agrees
to pay to the Administrative Agent and BAS, for their own respective accounts,
fees payable in the amounts and at the times specified in the Fee Letter.

 

(d)           The Parent Borrower agrees
to pay to the Administrative Agent, for its own account, fees payable in the
amounts and at the times specified in the Fee Letter.

 

(e)           The Parent Borrower agrees
to pay to the Foreign Trade Facility Agent, for its own account, fees payable
in the amounts and at the times specified in the Deutsche Bank Fee Letter.

 

(f)            All fees payable hereunder
shall be paid on the dates due, in immediately available funds, to the
Administrative Agent (or to the applicable Issuing Lender, Foreign Issuing
Lender or the Foreign Trade Facility Agent, in the case of fees payable to it)
for distribution, in the case of commitment fees and participation fees, to the
Lenders entitled thereto.  Except as
otherwise provided in Section 2.6(p), fees paid shall not be
refundable under any circumstances.

 

Section 2.15.          Interest.

 

(a)           ABR Loans shall bear interest
at the Alternate Base Rate plus the Applicable Rate.

 

(b)           Eurocurrency Loans shall
bear interest at the Adjusted LIBO Rate for the applicable Interest Period plus
the Applicable Rate.

 

(c)           Notwithstanding the
foregoing, if any principal of or interest (or premium, if any) on any Loan or
any fee or other amount payable by any Borrower hereunder is not paid when due,
whether at stated maturity, upon acceleration or otherwise, such overdue amount
shall bear interest, after as well as before judgment, at a rate per annum
equal to (i) in the case of overdue principal of any Loan, 2% plus the
rate otherwise applicable to such Loan as provided in the preceding paragraphs
of this Section or (ii) in the case of any other amount, 2% plus the
rate applicable to ABR Revolving Loans as provided in paragraph (a) of
this Section (or, in the case of amounts denominated in a Qualified
Foreign Global Currency due under the Global Revolving Facility, the rate that
would apply to Loans in such currency pursuant to clause (i) above), in
each case, with respect to clauses (i) and (ii) above, from the date
of such non-payment until such amount is paid in full (as well after as before
judgment).

 

(d)           Accrued interest on each
Loan shall be payable in arrears on each Interest Payment Date for such Loan
and, in the case of Revolving Loans, upon termination of the Domestic Revolving
Commitments or the Global Revolving Commitments; provided that (i) interest
accrued pursuant to paragraph (c) of this Section shall be payable on
demand, (ii) in the event of any repayment or

 

66

 

prepayment
of any Loan (other than a prepayment of an ABR Revolving Loan prior to the end
of the Domestic Revolving Availability Period or Global Revolving Availability
Period, as applicable), accrued interest (and premium, if any) on the principal
amount repaid or prepaid shall be payable on the date of such repayment or
prepayment and (iii) in the event of any conversion of any Eurocurrency
Loan prior to the end of the current Interest Period therefor, accrued interest
on such Loan shall be payable on the effective date of such conversion.

 

(e)           All interest hereunder shall
be computed on the basis of a year of 360 days, except that interest computed
by reference to the Alternate Base Rate at times when the Alternate Base Rate
is based on Bank of America’s “prime rate”, and interest in respect of
Sterling-denominated Loans, shall be computed on the basis of a year of 365
days (or 366 days in a leap year), and in each case shall be payable for the
actual number of days elapsed (including the first day but excluding the last
day).  The applicable Alternate Base Rate
or Adjusted LIBO Rate shall be determined by the Administrative Agent, and such
determination shall be conclusive absent manifest error.

 

(f)            If,
as a result of any restatement of or other adjustment to the financial
statements of the Parent Borrower or for any other reason, the Parent Borrower
or the Administrative Agent at the direction of the Required Lenders determine
that (i) the Consolidated Leverage Ratio as calculated by the Parent
Borrower as of any applicable date was inaccurate and (ii) a proper
calculation of the Consolidated Leverage Ratio would have resulted in higher
pricing for such period, the Parent Borrower shall immediately and
retroactively be obligated to pay to the Administrative Agent for the account
of the applicable Lenders, promptly on demand by the Administrative Agent (or,
after the occurrence of an actual or deemed entry of an order for relief with
respect to the Parent Borrower under the Bankruptcy Code of the United States,
automatically and without further action by any Person), an amount equal to the
excess of the amount of interest and fees that should have been paid for such period
over the amount of interest and fees actually paid for such period.  This paragraph shall not limit the rights of
the Administrative Agent, any Lender or the Issuing Lenders, as the case may
be, under Section 2.5(c), 2.14(b) or 2.15(c) or
under Article VII.  The
Parent Borrower’s obligations under this paragraph shall survive the
termination of the Commitments of all of the Lenders and the repayment of all
other Obligations hereunder.

 

Section 2.16.          Alternate Rate of Interest.

 

If
prior to the commencement of any Interest Period for a Eurocurrency Borrowing:

 

(a)           the
Administrative Agent determines (which determination shall be conclusive absent
manifest error) that adequate and reasonable means do not exist for
ascertaining the Adjusted LIBO Rate for such Interest Period;

 

(b)           the
Administrative Agent is advised by the Required Lenders that the Adjusted LIBO
Rate for such Interest Period will not adequately and fairly reflect the cost
to such Lenders (or Lender) of making or maintaining their Loans (or its Loan)
included in such Borrowing for such Interest Period; or

 

(c)           the
Administrative Agent determines (which determination shall be conclusive absent
manifest error) that deposits in the principal amounts of the Loans comprising
such Borrowing and in the currency in which such Loans are to be denominated
are not generally available in the relevant market;

 

then
the Administrative Agent shall give notice thereof to the Parent Borrower and
the relevant Lenders by telephone or telecopy as promptly as practicable
thereafter and, until the Administrative Agent notifies

 

67

 

the
Parent Borrower and the relevant Lenders that the circumstances giving rise to
such notice no longer exist, then, in the case of the relevant Facility, any
request by a Borrower for a Eurocurrency Borrowing of the affected Type or in
the affected currency, or a conversion to or continuation of a Eurocurrency
Borrowing of the affected Type or in the affected currency, pursuant to Section 2.3
or 2.8, shall be deemed rescinded; provided that if the
circumstances giving rise to such notice affect only one Type of Borrowings,
then the other Type of Borrowings shall be permitted.

 

Section 2.17.          Increased Costs.

 

(a)           If any Change in Law shall:

 

(i)            impose, modify
or deem applicable any reserve, special deposit or similar requirement against
assets of, deposits with or for the account of, or credit extended by, any
Lender (except any such reserve requirement reflected in the Adjusted LIBO
Rate); or

 

(ii)           impose on any
Lender, Issuing Lender or Foreign Issuing Lender or the London (or other
relevant) interbank market any other condition affecting this Agreement or
Eurocurrency Loans made by such Lender or any Letter of Credit, Foreign Credit
Instrument or participation therein;

 

and
the result of any of the foregoing shall be to increase the net cost to such
Lender of making or maintaining any Eurocurrency Loan (or of maintaining its
obligation to make any such Loan) or to increase the cost to such Lender,
Issuing Lender or Foreign Issuing Lender of participating in, issuing or
maintaining any Letter of Credit or Foreign Credit Instrument or to reduce the
amount of any sum received or receivable by such Lender, Issuing Lender or
Foreign Issuing Lender hereunder (whether of principal, interest, premium or
otherwise), then each relevant Borrower will pay to such Lender, Issuing Lender
or Foreign Issuing Lender such additional amount or amounts as will compensate
such Lender, Issuing Lender or Foreign Issuing Lender, as the case may be, for
such additional costs incurred or reduction suffered.

 

(b)           If any Lender, Issuing
Lender or Foreign Issuing Lender determines that any Change in Law regarding
capital requirements has or would have the effect of reducing the rate of
return on such Person’s capital or on the capital of such Person’s holding
company, if any, as a consequence of this Agreement or the Loans made by, or
participations in Letters of Credit or Foreign Credit Instruments held by, such
Lender, or the Letters of Credit issued by such Issuing Lender, or the Foreign
Credit Instruments issued by such Foreign Issuing Lender, to a level below that
which such Lender, Issuing Lender or Foreign Issuing Lender or such Lender’s,
Issuing Lender’s or Foreign Issuing Lender’s holding company could have
achieved but for such Change in Law (taking into consideration such Person’s
policies and the policies of such Person’s holding company with respect to
capital adequacy), then from time to time the relevant Borrower will pay to
such Lender, Issuing Lender or Foreign Issuing Lender, as the case may be, such
additional amount or amounts as will compensate such Person or such Person’s
holding company for any such reduction suffered.

 

(c)           A certificate of a Lender,
Issuing Lender or Foreign Issuing Lender setting forth in reasonable detail the
basis for and computation of the amount or amounts necessary to compensate such
Person or its holding company, as the case may be, as specified in paragraph (a) or
(b) of this Section shall be delivered to the relevant Borrower and
shall be conclusive absent manifest error. 
Such Borrower shall pay such Lender, Issuing Lender or Foreign Issuing
Lender the amount shown as due on any such certificate within 10 days after
receipt thereof.  All amounts payable by
any Borrower pursuant to paragraph (a) or (b) of this Section shall
be deemed to constitute interest expense in respect of the Loans.

 

68

 

(d)           Failure or delay on the part
of any Lender, Issuing Lender or Foreign Issuing Lender to demand compensation
pursuant to this Section shall not constitute a waiver of such Person’s
right to demand such compensation; provided that no Borrower shall be
required to compensate a Lender, Issuing Lender or Foreign Issuing Lender
pursuant to this Section for any increased costs or reductions incurred
more than 270 days prior to the date that such Person notifies such Borrower of
the Change in Law giving rise to such increased costs or reductions and of such
Person’s intention to claim compensation therefor;

 

provided that, if the
Change in Law giving rise to such increased costs or reductions is retroactive,
then the 270-day period referred to above shall be extended to include the
period of retroactive effect thereof.

 

Section 2.18.          Break Funding Payments.

 

In
the event of (a) the payment of any principal of any Eurocurrency Loan
other than on the last day of an Interest Period applicable thereto (including
as a result of an Event of Default), (b) the conversion of any
Eurocurrency Loan other than on the last day of the Interest Period applicable
thereto, (c) the failure to borrow, convert, continue or prepay any
Domestic Revolving Loan, Global Revolving Loan or Term Loan on the date
specified in any notice delivered pursuant hereto (regardless of whether such
notice may be revoked under Section 2.12(d) and is revoked in
accordance therewith), or (d) the assignment of any Eurocurrency Loan
other than on the last day of the Interest Period applicable thereto as a
result of a request by the Parent Borrower pursuant to Section 2.21,
then, in any such event, the relevant Borrower shall compensate each Lender for
the loss, cost and expense attributable to such event.  In the case of a Eurocurrency Loan, such loss,
cost or expense to any Lender shall be deemed to include an amount determined
by such Lender to be the excess, if any, of (i) the amount of interest
which would have accrued on the principal amount of such Loan had such event
not occurred, at the Adjusted LIBO Rate that would have been applicable to such
Loan, for the period from the date of such event to the last day of the then
current Interest Period therefor (or, in the case of a failure to borrow,
convert or continue, for the period that would have been the Interest Period
for such Loan), over (ii) the amount of interest which would accrue on
such principal amount for such period at the interest rate which such Lender
would bid were it to bid, at the commencement of such period, for deposits in
the relevant currency of a comparable amount and period from other banks in the
relevant market.  A certificate of any
Lender setting forth in reasonable detail the basis for and computation of any
amount or amounts that such Lender is entitled to receive pursuant to this Section shall
be delivered to the relevant Borrower and shall be conclusive absent manifest
error, and shall be so delivered as promptly as reasonably practicable after
such Lender obtains actual knowledge of such amount.  Such Borrower shall pay such Lender the
amount shown as due on any such certificate within 10 days after receipt
thereof.

 

Section 2.19.          Taxes.

 

(a)           Any and all payments by or
on account of any obligation of any Borrower hereunder or under any other Loan
Document shall be made free and clear of and without deduction for any
Indemnified Taxes; provided that if a Borrower shall be required to
deduct any Indemnified Taxes from such payments, then (i) the sum payable
shall be increased as necessary so that after making all required deductions
(including deductions applicable to additional sums payable under this Section)
the Administrative Agent or the relevant Lender receives an amount equal to the
sum it would have received had no such deductions been made, (ii) such
Borrower shall make such deductions and (iii) such Borrower shall pay the
full amount deducted to the relevant Governmental Authority in accordance with
applicable law.

 

(b)           In addition, each Borrower
shall pay any Other Taxes to the relevant Governmental Authority in accordance
with applicable law and indemnify the Lender from and against any Other Taxes
and any penalties, interest and reasonable expenses arising therefrom or with
respect thereto.

 

69

 

(c)           Each Borrower shall
indemnify the Administrative Agent and each Lender, within 10 days after
written demand therefor, for the full amount of any Indemnified Taxes paid by
the Administrative Agent or such Lender on or with respect to any payment by or
on account of any obligation of a Borrower hereunder or under any other Loan
Document (including Indemnified Taxes imposed or asserted on or attributable to
amounts payable under this Section) and any penalties, interest and reasonable
expenses arising therefrom or with respect thereto, whether or not such
Indemnified Taxes were correctly or legally imposed or asserted by the relevant
Governmental Authority.  A certificate
setting forth in reasonable detail the basis for and computation of the amount
of such payment or liability delivered to a Borrower by a Lender, or by the
Administrative Agent on its own behalf or on behalf of a Lender, shall be
conclusive absent manifest error, and shall be so delivered as promptly as
reasonably practicable after such Lender or the Administrative Agent, as the
case may be, obtains actual knowledge of such amount.

 

(d)           As soon as practicable after
any payment of Indemnified Taxes or Other Taxes by a Borrower to a Governmental
Authority, such Borrower shall deliver to the Administrative Agent the original
or a certified copy of a receipt issued by such Governmental Authority
evidencing such payment, a copy of the return reporting such payment or other
evidence of such payment reasonably satisfactory to the Administrative Agent.

 

(e)           Each Lender that is not a
United States person within the meaning of Section 7701(a)(30) of the Code
(a “Non-U.S. Lender”) shall deliver to the Parent Borrower and the
Administrative Agent, on or before the date on which it becomes a party to this
Agreement either:

 

(A)          two duly completed and signed original copies of
either Internal Revenue Service Form W-8BEN or Internal Revenue Service Form W-8ECI
(relating to such Non-U.S. Lender and entitling it to a complete exemption from
or reduction of withholding of United States federal income taxes on all
amounts to be received by such Non-U.S. Lender pursuant to this Agreement and
the other credit documents), or successor and related applicable forms, as the
case may be (including, where applicable any such forms required to be provided
to certify to such exemption on behalf of such Non-U.S. Lender’s beneficial
owners).

 

(B)           in the case of a Non-U.S. Lender that is not a “Bank”
within the meaning of Section 881(c)(3)(A) of the Code and that does
not comply with the requirements of clause (A) hereof, (x) a
statement in the form of Exhibit D (and any similar statements
required to certify to the exemption of its beneficial owners) or such other
form of statement as shall be reasonably requested by the Parent Borrower from
time to time to the effect that such Non-U.S. Lender (and, where applicable,
its beneficial owners) is eligible for a complete exemption from withholding of
United States federal income taxes under Code Section 871(h) or
881(c), and (y) two duly completed and signed original copies of Internal
Revenue Service Form W-8BEN or successor and related applicable forms
(including, where applicable, copies of such forms with respect to such entity’s
beneficial owners).

 

Further, each Non-U.S. Lender agrees (i) to
deliver to the Parent Borrower and the Administrative Agent, and if applicable,
the assigning Lender two further duly completed and signed original copies of
such Forms W-8BEN or W-8ECI, as the case may be (and, where applicable, any
such forms on behalf of its beneficial owners) or successor and related
applicable forms, on or before the date that any such form expires or becomes
obsolete and promptly after the occurrence of any event requiring a change

 

70

 

from
the most recent form(s) previously delivered by it to the Parent Borrower
in accordance with applicable U.S. laws and regulations, (ii) in the case
of a Non-U.S. Lender that delivers a statement in the form of Exhibit D
(or such other form of statement as shall have been requested by the Parent
Borrower), to deliver to the Parent Borrower and the Administrative Agent, and
if applicable, the assigning Lender, such statement (and where applicable, any
such statements from its beneficial owners) on the two year anniversary of the
date on which such Non-U.S. Lender became a party to this Agreement and to
deliver promptly to the Parent Borrower and the Administrative Agent, such
additional statements and forms as shall be reasonably requested by the Parent
Borrower from time to time, and (iii) to notify promptly the Parent
Borrower and the Administrative Agent if it (or, as applicable, its beneficial
owners) is no longer able to deliver, or if it is required to withdraw or
cancel, any form of statement previously delivered by it pursuant to this Section 2.19(e).  Notwithstanding anything herein to the
contrary, no Non-U.S. Lender shall be required to provide any forms,
certification or documentation which it is not legally entitled or able to
deliver.

 

(f)            Each Lender
which is not a Non-U.S. Lender shall deliver to Parent Borrower and the
Administrative Agent (and if applicable the assigning or participating Lender)
two copies of a statement which shall contain the address of such Lender’s
office or place of business in the United States, which shall be signed by an
authorized officer of such Lender, together with two duly completed copies of
Internal Revenue Service Form W-9 (or applicable successor form) unless it
establishes to the satisfaction of the Parent Borrower that it is otherwise
eligible for an exemption from backup withholding tax or other applicable
withholding tax.  Each such Lender shall
deliver to the Parent Borrower and Administrative Agent two further duly completed
and signed forms and statements (or successor form) at or before the time any
such form or statement becomes obsolete.

 

(g)           Each Non-U.S.
Lender agrees to indemnify and hold harmless each Borrower from and against any
Taxes imposed by or on behalf of the United States or any taxing jurisdiction
thereof, penalties, additions to tax, fines, interest or other liabilities,
costs or losses (including, without limitation, reasonable attorney’s fees and
expenses) incurred or payable by such Borrower as a result of the failure of
such Borrower to comply with its obligations to deduct or withhold any Taxes
imposed by or on behalf of the United States or any taxing jurisdiction thereof
(including penalties, additions to tax, fines or interest on such Taxes) from
any payments made pursuant to this Agreement to such Non-U.S. Lender or the
Administrative Agent which failure resulted from (i) such Borrower’s
reliance on Exhibit F pursuant to Section 2.19(e) or (ii) such
Lender being a “conduit entity” within the meaning of Treasury Reg. Section 1.881-3
or any successor provision thereto; and, provided additionally, that, without
limitation, no amounts shall be due and owing to such Lender pursuant to Section 2.19
if either provisions (i) or (ii) are applicable.

 

(h)           If the
Administrative Agent or any Lender determines, in its sole discretion, that it
has received a refund in respect of Indemnified Taxes or Other Taxes paid by a
Borrower, it shall promptly pay such refund, together with any other amounts
paid by such Borrower in connection with such refunded Indemnified Taxes or
Other Taxes, to such Borrower, net of all out-of-pocket expenses incurred in
obtaining such refund; provided, however, that each Borrower
agrees to promptly return such refund to the Administrative Agent or the
applicable Lender as the case may be, if it receives notice from the
Administrative Agent or applicable Lender that such Administrative Agent or
Lender is required to repay such refund. 
This paragraph shall not be construed to require the Administrative
Agent or any Lender to make available its tax returns (or any other information
that it deems confidential) to the Borrower or any Person.

 

71

 

(i)            If the
Administrative Agent or any Lender is entitled to an exemption from or
reduction in the rate of the imposition, deduction or withholding of any
Indemnified Tax or Other Tax under the laws of the jurisdiction in which a
Foreign Subsidiary Borrower is organized or engaged in business, or any treaty
to which such jurisdiction is a party, with respect to payments under this
Agreement or any other Loan Document, then the Administrative Agent or such
Lender (as the case may be) shall deliver to such Foreign Subsidiary Borrower
or the relevant Governmental Authority, in the manner and at the time or times
prescribed by applicable law or as reasonably requested by the Foreign
Subsidiary Borrower, such properly completed and executed documentation prescribed
by applicable law or reasonably requested by such Foreign Subsidiary Borrower
as will permit such payments to be made without the imposition, deduction or
withholding of such Indemnified Tax or Other Tax or at a reduced  rate; provided that the Administrative
Agent or such Lender is legally entitled to complete, execute and deliver such
documentation and in its reasonable judgment such completion, execution or
submission would not materially prejudice its commercial or legal position or
require disclosure of information it considers confidential or proprietary.

 

Section 2.20.          Payments Generally; Pro Rata
Treatment; Sharing of Set-offs.

 

(a)           Each Borrower shall make
each payment required to be made by it hereunder or under any other Loan
Document (whether of principal, interest, premium, fees or reimbursement of LC
Disbursements or Foreign Credit Disbursements, or of amounts payable under Section 2.17,
2.18 or 2.19, or otherwise) prior to the time expressly required
hereunder or under such other Loan Document for such payment (or, if no such
time is expressly required, prior to 12:00 noon, local time), on the date when
due, in immediately available funds, without set-off or counterclaim.  Any amounts received after such time on any
date may, in the discretion of the Administrative Agent, be deemed to have been
received on the next succeeding Business Day for purposes of calculating
interest thereon.  All such payments
shall be made to the Administrative Agent at the Administrative Agent’s Office,
except as otherwise expressly provided herein. 
The Administrative Agent shall distribute any such payments received by
it for the account of any other Person to the appropriate recipient promptly
following receipt thereof.  If any
payment under any Loan Document shall be due on a day that is not a Business
Day, the date for payment thereof shall be extended to the next Business Day,
and, in the case of any payment accruing interest, interest thereon shall be
payable for the period ending on such Business Day.  Except as otherwise specified in this
Agreement, each such payment (other than (i) principal of and interest on
Qualified Global Currency Loans and LC Disbursements denominated in an
Alternative Currency, which shall be made in the applicable Qualified Global Currency
or, except as otherwise specified in Section 2.5(e), Alternative
Currency, as the case may be and (ii) payments in respect of the Foreign
Credit Instruments and Foreign Credit Disbursements thereunder, which shall be
made in the currency applicable to such Foreign Credit Instrument) shall be
made in Dollars.

 

(b)           If at any time insufficient
funds are received by and available to the Administrative Agent to pay fully
all amounts of principal, unreimbursed LC Disbursements and Foreign Credit
Disbursements, interest, premium and fees then due hereunder, such funds shall
be applied (i) first, towards payment of interest and fees then due
hereunder, ratably among the parties entitled thereto in accordance with the
amounts of interest and fees then due to such parties, and (ii) second,
towards payment of principal and unreimbursed LC Disbursements and Foreign
Credit Disbursements then due hereunder, and any premium then due hereunder,
ratably among the parties entitled thereto in accordance with the amounts of
principal and unreimbursed LC Disbursements and Foreign Credit Disbursements,
and any premium, then due to such parties.

 

72

 

(c)           If any Lender shall, by
exercising any right of set-off or counterclaim or otherwise, obtain payment in
respect of any principal of or interest (or premium, if any) on any of its
Domestic Revolving Loans, Global Revolving Loans, Term Loans, participations in
LC Disbursements, participations in Swingline Loans or participations in
Foreign Credit Disbursements resulting in such Lender receiving payment of a
greater proportion of the aggregate amount of its Domestic Revolving Loans,
Global Revolving Loans, Term Loans, participations in LC Disbursements,
participations in Swingline Loans and participations in Foreign Credit
Disbursements and accrued interest (and premium, if any) thereon than the
proportion received by any other Lender, then the Lender receiving such greater
proportion shall purchase (for cash at face value) participations in the
Domestic Revolving Loans, the Global Revolving Loans, the Term Loans,
participations in LC Disbursements, participations in Swingline Loans and
participations in Foreign Credit Disbursements of other Lenders to the extent
necessary so that the benefit of all such payments shall be shared by the
Lenders ratably in accordance with the aggregate amount of principal of and
accrued interest (and premium, if any) on their respective Domestic Revolving
Loans, Global Revolving Loans, Term Loans, participations in LC Disbursements,
participations in Swingline Loans and participations in Foreign Credit
Disbursements; provided that (i) if any such participations are
purchased and all or any portion of the payment giving rise thereto is
recovered, such participations shall be rescinded and the purchase price
restored to the extent of such recovery, without interest, and (ii) the
provisions of this paragraph shall not be construed to apply to any payment
made by a Borrower pursuant to and in accordance with the express terms of this
Agreement or any payment obtained by a Lender as consideration for the
assignment of or sale of a participation in any of its Loans or participations
in LC Disbursements or participations in Foreign Credit Disbursements to any assignee
or participant, other than to the Parent Borrower or any Subsidiary or
Affiliate thereof (as to which the provisions of this paragraph shall
apply).  Each Borrower consents to the
foregoing and agrees, to the extent it may effectively do so under applicable
law, that any Lender acquiring a participation pursuant to the foregoing
arrangements may exercise against such Borrower rights of set-off and
counterclaim with respect to such participation as fully as if such Lender were
a direct creditor of such Borrower in the amount of such participation.

 

(d)           Unless the Administrative
Agent shall have received notice from a Borrower prior to the date on which any
payment is due to the Administrative Agent for the account of the Lenders (or
any of them) hereunder that such Borrower will not make such payment, the
Administrative Agent may assume that such Borrower has made such payment on
such date in accordance herewith and may, in reliance upon such assumption,
distribute to the relevant Lenders the amount due.  In such event, if such Borrower has not in
fact made such payment, then each relevant Lender severally agrees to repay to
the Administrative Agent forthwith on demand the amount so distributed to such
Lender with interest thereon, for each day from and including the date such
amount is distributed to it to but excluding the date of payment to the
Administrative Agent, at the greater of the Federal Funds Effective Rate and a
rate determined by the Administrative Agent to represent its cost of overnight
or short-term funds in the relevant currency (which determination shall be
conclusive absent manifest error).

 

(e)           If any Lender shall fail to
make any payment required to be made by it to the Administrative Agent, the
Swingline Lender or any Issuing Lender, then the Administrative Agent may, in
its discretion (notwithstanding any contrary provision hereof), apply any
amounts thereafter received by the Administrative Agent for the account of such
Lender to satisfy such Lender’s obligations under such Sections until all such
unsatisfied obligations are fully paid.

 

Section 2.21.          Mitigation Obligations;
Replacement of Lenders.

 

(a)           If any Lender requests
compensation under Section 2.17, or if any Borrower is required to
pay any additional amount to any Lender or any Governmental Authority for the
account of any Lender pursuant to Section 2.19, then such Lender
shall use reasonable efforts to designate a different lending

 

73

 

office
for funding or booking its Loans hereunder or to assign its rights and
obligations hereunder to another of its offices, branches or affiliates, if, in
the judgment of such Lender, such designation or assignment (i) would
eliminate or reduce amounts payable pursuant to Section 2.17 or 2.19,
as the case may be, in the future and (ii) would not subject such Lender
to any unreimbursed cost or expense and would not otherwise be disadvantageous
to such Lender.  Each Borrower hereby
agrees to pay all reasonable costs and expenses incurred by any Lender in
connection with any such designation or assignment.

 

(b)           If (i) any Lender
(other than a Foreign Issuing Lender) requests compensation under Section 2.17,
(ii) any Borrower is required to pay any additional amount to any Lender
or any Governmental Authority for the account of any Lender pursuant to Section 2.19,
(iii) any Lender defaults in its obligation to fund Loans hereunder or (iv) any
Lender becomes a “Non-Consenting Lender” (as defined below), then the Parent
Borrower may, at its sole expense and effort, upon notice to such Lender (other
than a Foreign Issuing Lender) and the Administrative Agent, require such
Lender (other than a Foreign Issuing Lender) to assign and delegate, without
recourse (in accordance with and subject to the restrictions contained in Section 9.4),
all its interests, rights and obligations under this Agreement to an assignee
that shall assume such obligations (which assignee may be another Lender, if a
Lender accepts such assignment); provided that (A) the Parent Borrower
shall have received the prior written consent of the Administrative Agent,
which consent shall not unreasonably be withheld, and the Foreign Trade
Facility Agent in the case of an assignment of a Foreign Credit Commitment, (B) such
Lender shall have received payment of an amount equal to the outstanding
principal of its Loans, participations in Foreign Credit Disbursements,
participations in LC Disbursements and participations Swingline Loans, accrued
interest (and premium, if any) thereon, accrued fees and all other amounts
payable to it hereunder, from the assignee (to the extent of such outstanding
principal and accrued interest and fees) or such Borrower (in the case of all
other amounts) and (C) in the event of a replacement of a Non-Consenting
Lender, in order for the Parent Borrower to be entitled to replace such a
Lender, such replacement must take place no later than 120 days after the date
the Non-Consenting Lender shall have notified the Parent Borrower and the
Administrative Agent of its failure to agree to any requested consent, waiver
or amendment.  A Lender shall not be
required to make any such assignment and delegation if, prior thereto, as a
result of a waiver by such Lender or otherwise, the circumstances entitling a
Borrower to require such assignment and delegation cease to apply.  In the event that (x) the Parent
Borrower or the Administrative Agent has requested the Lenders to consent to a
departure or waiver of any provisions of the Loan Documents or to agree to any
amendment thereto, (y) the consent, waiver or amendment in question
requires the agreement of all Lenders in accordance with the terms of Section 2.6(b) or
Section 9.2 and (z) the Required Lenders have agreed to such
consent, waiver or amendment, then any Lender who does not agree to such
consent, waiver or amendment shall be deemed a “Non-Consenting Lender”.

 

Section 2.22.          Change in Law.

 

Notwithstanding
any other provision of this Agreement, if, after the date hereof, (a) any
Change in Law shall make it unlawful for any Issuing Lender to issue Letters of
Credit denominated in an Alternative Currency, or any Global Revolving Lender
to make Global Revolving Loans denominated in a Qualified Global Currency, or
any Foreign Issuing Lender to issue any Foreign Credit Instruments, or (b) there
shall have occurred any change in national or international financial,
political or economic conditions (including the imposition of or any change in
exchange controls) or currency exchange rates that would make it impracticable
for any Issuing Lender to issue Letters of Credit denominated in such
Alternative Currency for the account of a Borrower, or any Global Revolving
Lender to make Global Revolving Loans denominated in a Qualified Global
Currency, or any Foreign Issuing Lender to issue any Foreign Credit
Instruments, then by prompt written notice thereof to the Parent Borrower and
to the Administrative Agent (which notice shall be withdrawn whenever such
circumstances no longer exist), (i) such Issuing Lender may declare that
Letters of Credit will not thereafter be issued by it in the affected

 

74

 

Alternative
Currency or Alternative Currencies, whereupon the affected Alternative Currency
or Alternative Currencies shall be deemed (for the duration of such
declaration) not to constitute an Alternative Currency for purposes of the
issuance of Letters of Credit by such Issuing Lender, (ii) such Global
Revolving Lender may declare that Global Revolving Loans will not thereafter be
made by it in the affected Qualified Global Currency or Qualified Global
Currencies, whereupon the affected Qualified Global Currency or Qualified
Global Currencies shall be deemed (for the duration of such declaration) not to
constitute an a Qualified Global Currency for purposes of the making of Global
Revolving Loans by such Global Revolving Lender, and (iii) such Foreign
Issuing Lender may declare that such affected Foreign Credit Instruments will
not thereafter be issued by it and the commitment of such Foreign Issuing
Lender to issue such affected Foreign Credit Instruments shall forthwith be
cancelled (for the duration of such declaration).

 

Section 2.23.          Foreign Subsidiary Borrowers.

 

(a)           Subject to the consent of
the Administrative Agent and the Global Revolving Lenders (such consent not to
be unreasonably withheld, delayed or conditioned), the Parent Borrower may
designate any Foreign Subsidiary of the Parent Borrower as a Foreign Subsidiary
Borrower under the Global Revolving Facility by delivery to the Administrative
Agent of a Borrowing Subsidiary Agreement executed by such Subsidiary, the
Parent Borrower and the Administrative Agent and upon such delivery such
Subsidiary shall for all purposes of this Agreement be a Foreign Subsidiary
Borrower under the Global Revolving Facility and a party to this Agreement
until the Parent Borrower shall have executed and delivered to the
Administrative Agent a Borrowing Subsidiary Termination with respect to such
Subsidiary, whereupon such Subsidiary shall cease to be a Foreign Subsidiary
Borrower under the Global Revolving Facility. 
Notwithstanding the preceding sentence, no such Borrowing Subsidiary
Termination will become effective as to any Foreign Subsidiary Borrower under
the Global Revolving Facility at a time when any Obligations of such Foreign
Subsidiary Borrower shall be outstanding thereunder or any Letters of Credit
issued for the account of Such Foreign Subsidiary Borrower shall be outstanding
(which shall not have been cash collateralized in a manner consistent with the
terms of Section 2.5(j)); provided that such Borrowing
Subsidiary Termination shall be effective to terminate such Foreign Subsidiary
Borrower’s right to make further borrowings under the Global Revolving
Facility.  The Global Revolving Lenders agree
that each Foreign Subsidiary Borrower identified in Part A of Schedule
2.23 is an acceptable Foreign Subsidiary Borrower under the Global
Revolving Facility.

 

(b)           Subject to the consent of
the Foreign Trade Facility Agent, the Administrative Agent, the Foreign Issuing
Lenders and all of the Lenders with a Foreign Credit Commitment (such consent
not to be unreasonably withheld, delayed or conditioned), the Parent Borrower
may designate any Foreign Subsidiary of the Parent Borrower as a Foreign
Subsidiary Borrower under the Foreign Trade Facility by delivery to the Foreign
Trade Facility Agent and the Administrative Agent of a Borrowing Subsidiary
Agreement executed by such Subsidiary, the Parent Borrower, the Foreign Trade
Facility Agent and the Administrative Agent and upon such delivery such
Subsidiary shall for all purposes of this Agreement be a Foreign Subsidiary
Borrower under the Foreign Trade Facility and a party to this Agreement until
the Parent Borrower shall have executed and delivered to the Foreign Trade
Facility Agent and the Administrative Agent a Borrowing Subsidiary Termination
with respect to such Subsidiary, whereupon such Subsidiary shall cease to be a
Foreign Subsidiary Borrower under the Foreign Trade Facility.  Notwithstanding the preceding sentence, no
such Borrowing Subsidiary Termination will become effective as to any Foreign
Subsidiary Borrower under the Foreign Trade Facility at a time when any
Obligations of such Foreign Subsidiary Borrower shall be outstanding thereunder
or any Foreign Credit Instruments issued for the account of such Foreign
Subsidiary Borrower shall be outstanding (which shall not have been cash
collateralized or otherwise supported in a manner consistent with the terms of Section 2.6(o)(iv)),
provided that such Borrowing Subsidiary Termination shall be effective
to terminate such

 

75

 

Foreign
Subsidiary Borrower’s right to request further Foreign Credit Instruments or
other extensions of credit under the Foreign Trade Facility.

 

(c)           For the avoidance of doubt,
no Foreign Subsidiary Borrower shall be liable for the Obligations of any other
Loan Party.

 

(d)           The Administrative Agent
shall promptly notify the Global Revolving Lenders of any Foreign Subsidiary
Borrower added pursuant to Section 2.23(a), and the Foreign Trade
Facility Agent shall promptly notify each Foreign Issuing Lender and Lenders
with Foreign Credit Commitments of any Foreign Subsidiary Borrower added
pursuant to Section 2.23(b).

 

ARTICLE
III

 

REPRESENTATIONS
AND WARRANTIES

 

The Parent Borrower represents and warrants to the
Administrative Agent and the Lenders that:

 

Section 3.1.            Organization; Powers.

 

Each
of the Parent Borrower and its Subsidiaries (a) is duly organized, validly
existing and in good standing under the laws of the jurisdiction of its
organization, except, in the case of Subsidiaries, where the failure to do so,
in the aggregate, could not reasonably be expected to have a Material Adverse
Effect, (b) has all requisite power and authority to carry on its business
as now conducted in all material respects and (c) except where the failure
to do so, in the aggregate, could not reasonably be expected to have a Material
Adverse Effect, is qualified to do business in, and is in good standing in,
every jurisdiction where such qualification is required.

 

Section 3.2.            Authorization;
Enforceability.

 

The
Transactions to be entered into by each Loan Party are within such Loan Party’s
corporate powers and have been duly authorized by all necessary corporate and,
if required, stockholder action.  This
Agreement has been duly executed and delivered by each Borrower and
constitutes, and each other Loan Document to which any Loan Party is to be a
party, when executed and delivered by such Loan Party, will constitute, a
legal, valid and binding obligation of such Borrower or such Loan Party (as the
case may be), enforceable against such Borrower or such other Loan Party, as
the case may be, in accordance with its terms, subject to applicable bankruptcy,
insolvency, reorganization, moratorium or other laws affecting creditors’
rights generally and subject to general principles of equity, regardless of
whether considered in a proceeding in equity or at law.

 

Section 3.3.            Governmental Approvals; No
Conflicts.

 

The
Transactions (a) do not require any material consent or approval of,
registration or filing with, or any other action by, any Governmental
Authority, except such as have been obtained or made and are in full force and
effect and except filings necessary to perfect Liens created under the Loan
Documents, (b) will not violate any applicable law or regulation in any
material respect or the charter, by-laws or other organizational documents of
the Parent Borrower or any of its Subsidiaries or any order of any Governmental
Authority, (c) will not violate or result in a default under any material
indenture, agreement or other instrument binding upon the Parent Borrower or
any of its Subsidiaries or its assets, or give rise to a right thereunder to
require any payment to be made by the Parent Borrower or any of its

 

76

 

Subsidiaries,
and (d) will not result in the creation or imposition of any Lien on any
asset of the Parent Borrower or any of its Subsidiaries, except Liens created
under the Loan Documents.

 

Section 3.4.            Financial Condition; No
Material Adverse Change.

 

(a)           The Parent Borrower has
heretofore furnished to the Lenders its consolidated balance sheet and
statements of income, stockholders equity and cash flows (i) as of and for
the fiscal year ended December 31, 2006, reported on by Deloitte &
Touche LLP, independent public accountants, and (ii) as of and for the
fiscal quarters and the portion of the fiscal year ended March 31, 2007
and June 30, 2007, certified by its chief financial officer.  Such financial statements present fairly, in
all material respects, the financial position and results of operations and
cash flows of the Parent Borrower and its consolidated Subsidiaries as of such
dates and for such periods in accordance with GAAP, subject to year-end audit
adjustments and the absence of footnotes in the case of the statements referred
to in clause (ii) above.

 

(b)           Except as disclosed in the
financial statements referred to above or the notes thereto or in the
Information Memorandum and except for the Disclosed Matters, based on the facts
and circumstances in existence on the Effective Date and taking into
consideration the likelihood of any realization with respect to contingent
liabilities, after giving effect to the Transactions, none of the Parent
Borrower or its Subsidiaries has, as of the Effective Date, any material
contingent liabilities, unusual long-term commitments or unrealized losses.

 

(c)           Since December 31,
2006, there has been no development or event that has had or could reasonably
be expected to have a Material Adverse Effect.

 

Section 3.5.            Properties.

 

(a)           Each of the Parent Borrower
and its Subsidiaries has good title to, or valid leasehold interests in, all
its real and personal property material to its business, except as, in the
aggregate, could not reasonably be expected to have a Material Adverse Effect.

 

(b)           Except as, in the aggregate,
could not reasonably be expected to have a Material Adverse Effect, each of the
Parent Borrower and its Subsidiaries owns, or is licensed to use, all
trademarks, tradenames, copyrights, patents and other intellectual property
material to its business, and the use thereof by the Parent Borrower and its
Subsidiaries does not infringe upon the rights of any other Person.

 

Section 3.6.            Litigation and Environmental
Matters.

 

(a)           There are no actions, suits
or proceedings by or before any arbitrator or Governmental Authority pending
against or, to the knowledge of the Parent Borrower, threatened against or
affecting the Parent Borrower or any of its Subsidiaries (i) as to which
there is a reasonable possibility of an adverse determination and that, if
adversely determined, could reasonably be expected, in the aggregate, to have a
Material Adverse Effect or (ii) that involve any of the Loan Documents or
the Transactions.

 

(b)           Except as, in the aggregate,
could not reasonably be expected to have a Material Adverse Effect, neither the
Parent Borrower nor any of its Subsidiaries (i) has failed to comply with
any Environmental Law or to obtain, maintain or comply with any permit, license
or other approval required under any Environmental Law, (ii) has become
subject to any Environmental Liability, (iii) has received notice of any
claim with respect to any Environmental Liability or (iv) knows of any
basis for any Environmental Liability.

 

77

 

Section 3.7.            Compliance with Laws and
Agreements.

 

Each
of the Parent Borrower and its Subsidiaries is in compliance with all laws,
regulations and orders of any Governmental Authority applicable to it or its
property and all indentures, agreements and other instruments binding upon it
or its property, except where the failure to do so, in the aggregate, could not
reasonably be expected to have a Material Adverse Effect.  No Default or Event of Default has occurred
and is continuing.

 

Section 3.8.            Investment Company Status.

 

Neither
the Parent Borrower nor any of its Subsidiaries is an “investment company” as
defined in, or subject to regulation under, the Investment Company Act of 1940.

 

Section 3.9.            Taxes.

 

Each
of the Parent Borrower and its Subsidiaries has timely filed or caused to be
filed all Tax returns and reports required to have been filed and has paid or
caused to be paid all Taxes required to have been paid by it, except (a) Taxes
that are being contested in good faith by appropriate proceedings and for which
the Parent Borrower or such Subsidiary, as applicable, has set aside on its
books adequate reserves or (b) to the extent that the failure to do so
could not reasonably be expected to have a Material Adverse Effect.

 

Section 3.10.          ERISA.

 

No
ERISA Event has occurred or is reasonably expected to occur that, when taken
together with all other such ERISA Events for which liability is reasonably
expected to occur, could reasonably be expected to have a Material Adverse
Effect.  Except to the extent such excess
could not reasonably be expected to have a Material Adverse Effect, the present
value of all accumulated benefit obligations under each Plan (based on the
assumptions used for purposes of Statement of Financial Accounting Standards No. 87)
did not, as of the date of the most recent financial statements reflecting such
amounts, exceed the fair market value of the assets of such Plan, and the
present value of all accumulated benefit obligations of all underfunded Plans
(based on the assumptions used for purposes of Statement of Financial
Accounting Standards No. 87) did not, as of the date of the most recent
financial statements reflecting such amounts, exceed the fair market value of
the assets of all such underfunded Plans.

 

Section 3.11.          Disclosure.

 

As
of the Effective Date, the Parent Borrower has disclosed to the Lenders all
agreements, instruments and corporate or other restrictions to which the Parent
Borrower or any of its Subsidiaries is subject, and all other matters known to
any of them, that, in the aggregate, could reasonably be expected to have a
Material Adverse Effect.  Neither the
Information Memorandum nor any of the other reports, financial statements,
certificates or other information, taken as a whole, furnished by or on behalf
of any Loan Party to any Agent or any Lender in connection with the negotiation
of this Agreement or any other Loan Document or delivered hereunder or
thereunder (as modified or supplemented by other information so furnished)
contains any material misstatement of fact or omits to state any material fact
necessary to make the statements therein, in the light of the circumstances
under which they were made, not misleading; provided that, with respect
to projected financial information, the Parent Borrower represents only that
such information was prepared in good faith based upon assumptions believed to
be reasonable at the time.

 

78

 

Section 3.12.          Subsidiaries.

 

Schedule
3.12 sets forth the name of, and the direct and indirect ownership interest
of the Parent Borrower in, each Subsidiary of the Parent Borrower and
identifies each Subsidiary that is a Subsidiary Guarantor, in each case as of
the Effective Date after giving effect to the Transactions.

 

Section 3.13.          Labor Matters.

 

Except
as, in the aggregate, could not reasonably be expected to have a Material
Adverse Effect:  (a) there are no
strikes, lockouts, slowdowns or other labor disputes against the Parent
Borrower or any Subsidiary pending or, to the knowledge of the Parent Borrower,
threatened; (b) the hours worked by and payments made to employees of the
Parent Borrower and the Subsidiaries have not been in violation of the Fair
Labor Standards Act or any other applicable Federal, state, local or foreign
law dealing with such matters; and (c) all payments due from the Parent
Borrower or any Subsidiary, or for which any claim may be made against the
Parent Borrower or any Subsidiary, on account of wages and employee health and
welfare insurance and other benefits, have been paid or accrued as a liability
on the books of the Parent Borrower or such Subsidiary.  The consummation of the Transactions will not
give rise to any right of termination or right of renegotiation on the part of
any union under any collective bargaining agreement to which the Parent
Borrower or any Subsidiary is bound.

 

Section 3.14.          Solvency.

 

Immediately
after the consummation of the Transactions to occur on the Effective Date and
immediately following the making of each Loan made on the Effective Date and
after giving effect to the application of the proceeds of such Loans, (a) the
fair value of the assets of the Parent Borrower and its Subsidiaries, taken as
a whole, at a fair valuation, will exceed their debts and liabilities,
subordinated, contingent or otherwise; (b) the present fair saleable value
of the property of the Parent Borrower and its Subsidiaries, taken as a whole,
will be greater than the amount that will be required to pay the probable
liability of their debts and other liabilities, subordinated, contingent or
otherwise, as such debts and other liabilities become absolute and matured; (c) the
Parent Borrower and its Subsidiaries, taken as a whole, will be able to pay
their debts and liabilities, subordinated, contingent or otherwise, as such
debts and liabilities become absolute and matured; and (d) the Parent
Borrower and its Subsidiaries, taken as a
whole, will not have unreasonably small capital with which to conduct the
business in which they are engaged as such business is now conducted and is
proposed to be conducted following the Effective Date.

 

Section 3.15.          Senior Indebtedness.

 

At all times after the issuance of any
Subordinated Debt, (a) the Obligations will constitute “Senior
Indebtedness” (or any comparable concept) under and as defined in the
Subordinated Debt Documents and (b) in the event that any Subsidiary
Guarantees the Subordinated Debt, the obligations of such Subsidiary Guarantor
under the Guarantee and Collateral Agreement will constitute “Guarantor Senior
Indebtedness” (or any comparable concept) of such Subsidiary Guarantor under
and as defined in the Subordinated Debt Documents.

 

Section 3.16.          Security Documents.

 

The Guarantee and Collateral Agreement, and, after the
occurrence of the Ratings Event, each other Security Document, is effective to
create in favor of the Administrative Agent a legal, valid and enforceable
security interest in the Collateral to the extent described therein and
available under the UCC.  As of the
Effective Date, Schedule 3.16 lists all of the filing jurisdictions in
which UCC-1 Financing Statements are required to be filed pursuant to the
Guarantee and Collateral Agreement.  Upon
filing of

 

79

 

such UCC-1 Financing Statements, the Guarantee and
Collateral Agreement creates a fully perfected Lien on, and security interest
in, all right, title and interest of the Loan Parties in such Collateral to the
extent available under the UCC, as security for the Obligations (as defined in
the Guarantee and Collateral Agreement), in each case, subject to Permitted
Encumbrances or as otherwise permitted by Section 6.3, prior and
superior in right to any other Person.

 

ARTICLE
IV

 

CONDITIONS

 

Section 4.1.            Effective Date.

 

The obligations of the Lenders to make Loans
hereunder, of the Issuing Lenders to issue Letters of Credit hereunder and of
the Foreign Issuing Lenders to issue Foreign Credit Instruments hereunder shall
not become effective until the date on which each of the following conditions
is satisfied:

 

(a)           Credit
Agreement; Guarantee and Collateral Agreement.  The Administrative Agent shall have received (i) this
Agreement executed and delivered by the Administrative Agent, the Foreign Trade
Facility Agent, the Parent Borrower and the Lenders, (ii) the Guarantee
and Collateral Agreement, executed and delivered by the Parent Borrower and
each Subsidiary Guarantor and (iii) an Acknowledgement and Consent,
substantially in the form attached to the Guarantee and Collateral Agreement,
executed and delivered by each Issuer (as defined therein) that is not a party
to the Guarantee and Collateral Agreement and that is organized under the laws
of Germany or any state or territory thereof.

 

(b)           Existing
Credit Agreement.  The Administrative Agent shall have received
satisfactory evidence that (i) the Existing Credit Agreement shall have
been terminated and all amounts thereunder shall have been paid in full and (ii) satisfactory
arrangements shall have been made for the termination of all Liens granted in
connection therewith.

 

(c)           Financial
Statements.  The Lenders shall have received (i) audited
consolidated financial statements of the Parent Borrower for the 2005 and 2006
fiscal years and (ii) unaudited interim consolidated financial statements
of the Parent Borrower for each fiscal quarter ended after the date of the
latest applicable financial statements delivered pursuant to clause (i) of
this paragraph as to which such financial statements are available, and such
financial statements shall not, in the reasonable judgment of the Lenders,
reflect any material adverse change in the consolidated financial condition of
the Parent Borrower, as reflected in the financial statements or projections
contained in the Confidential Information Memorandum.

 

(d)           Projections.  The Lenders shall have
received satisfactory projections (including written assumptions) for the Parent
Borrower and its Subsidiaries.

 

(e)           Pledged
Stock.  The
Administrative Agent shall have received the certificates representing the
shares of Capital Stock pledged pursuant to the Guarantee and Collateral
Agreement, together with an undated stock power for each such certificate
executed in blank by a duly authorized officer of the pledgor thereof.

 

(f)            Filings,
Registrations and Recordings.  Each document (including any UCC financing
statement) required by the Security Documents or under law or reasonably
requested by the Administrative Agent to be filed, registered or recorded in
order to create in favor of the

 

80

 

Administrative Agent, for the benefit of the Lenders,
a perfected Lien on the Collateral described therein, prior and superior in
right to any other Person (other than with respect to Liens expressly permitted
by Section 6.3), shall be in proper form for filing, registration
or recordation.

 

(g)           Legal
Opinions.  The Administrative Agent shall have received
legal opinions (addressed to the Agents and the Lenders and dated the Effective
Date) (i) from Fried, Frank, Harris, Shriver & Jacobson LLP,
counsel for the Parent Borrower, and (ii) from Kevin Lilly, General
Counsel of the Parent Borrower.  The
Parent Borrower hereby requests each such counsel to deliver such opinions.

 

(h)           Closing
Certificates.  The Administrative Agent shall have received,
with a counterpart for each Lender, a certificate of each Loan Party, dated the
Effective Date, substantially in the form of Exhibit B, with
appropriate insertions and attachments.

 

(i)            Fees.  The Administrative Agent, the
Foreign Trade Facility Agent and the Lenders shall have received all fees and
other amounts due and payable on or prior to the Effective Date, including, to
the extent invoiced, reimbursement or payment of all out-of-pocket expenses
(including fees, charges and disbursements of counsel) required to be
reimbursed or paid by any Loan Party hereunder or under any other Loan
Document.

 

(j)            Consents.  All consents and approvals, if
any, required to be obtained from any Governmental Authority or other Person in
connection with the Transactions shall have been obtained, and all applicable
waiting periods and appeal periods shall have expired, in each case without the
imposition of any burdensome conditions, except to the extent that the failure
to obtain any such consent could not reasonably be expected to have a Material
Adverse Effect.

 

Without
limiting the generality of the provisions of the last paragraph of Section 9.5,
for purposes of determining compliance with the conditions specified in this Section 4.1,
each Lender that has signed this Agreement shall be deemed to have consented
to, approved or accepted or to be satisfied with, each document or other matter
required thereunder to be consented to or approved by or acceptable or
satisfactory to a Lender unless the Administrative Agent shall have received
notice from such Lender prior to the proposed Effective Date specifying its
objection thereto.

 

Section 4.2.            Each Credit Event.

 

The obligation of each Lender to make a Loan on
the occasion of any Borrowing, and of the Issuing Lenders and Foreign Issuing
Lenders to issue, amend, renew or extend any Letter of Credit or any Foreign
Credit Instrument, is subject to receipt of the request therefor in accordance
herewith and to the satisfaction of the following conditions:

 

(a)           The
representations and warranties of each Loan Party set forth in the Loan
Documents shall be true and correct in all material respects on and as of the
date of such Borrowing or the date of issuance, amendment, renewal or extension
of such Letter of Credit or Foreign Credit Instrument, as applicable.

 

(b)           At
the time of and immediately after giving effect to such Borrowing or the
issuance, amendment, renewal or extension of such Letter of Credit or Foreign
Credit Instrument, as applicable, no Default or Event of Default shall have
occurred and be continuing.

 

(c)           Subject
to Section 5.13, in the case of any initial extension of credit
made under the Global Revolving Facility or the Foreign Trade Facility to a
Foreign Subsidiary Borrower, the

 

81

 

Administrative Agent shall have received a Foreign
Subsidiary Opinion and such other documents and information with respect to
such Foreign Subsidiary Borrower as the Administrative Agent may reasonably
request.

 

Each Borrowing and each issuance, amendment, renewal
or extension of a Letter of Credit or a Foreign Credit Instrument shall be
deemed to constitute a representation and warranty by the Parent Borrower and
the relevant Borrower on the date thereof as to the matters specified in
paragraphs (a) and (b) of this Section.

 

ARTICLE V

 

AFFIRMATIVE COVENANTS

 

Until
the Commitments have expired or been terminated and the principal of and
interest (and premium, if any) on each Loan and all fees payable hereunder
shall have been paid in full and all Letters of Credit and Foreign Credit
Instruments shall have expired (without any pending drawing) or terminated (or
been fully cash collateralized or otherwise supported in a manner consistent
with the terms of Section 2.5(j) or Section 2.6(o)(iv),
as applicable) and all LC Disbursements and Foreign Credit Disbursements shall
have been reimbursed, the Parent Borrower covenants and agrees with the
Administrative Agent and the Lenders that:

 

Section 5.1.            Financial Statements and
Other Information.

 

The Parent Borrower will furnish to the Administrative
Agent, for distribution to the Lenders, and to the Foreign Trade Facility
Agent:

 

(a)           within
90 days after the end of each fiscal year of the Parent Borrower, its audited
consolidated balance sheet and related statements of operations, stockholders’
equity and cash flows as of the end of and for such year, setting forth in each
case in comparative form the figures for the previous fiscal year, all reported
on by Deloitte & Touche LLP or other independent public accountants of
recognized national standing (without a “going concern” or like qualification
or exception and without any qualification or exception as to the scope of such
audit) to the effect that such consolidated financial statements present fairly
in all material respects the financial condition and results of operations of
the Parent Borrower and its consolidated Subsidiaries on a consolidated basis
in accordance with GAAP consistently applied (except as disclosed therein); provided
that delivery within the time period specified above of copies of the Annual
Report on Form 10-K of the Parent Borrower filed with the Securities and
Exchange Commission shall be deemed to satisfy the requirements of this Section 5.1(a);

 

(b)           within
45 days after the end of each of the first three fiscal quarters of each fiscal
year of the Parent Borrower, its consolidated balance sheet and related
statements of operations for such fiscal quarter and the then elapsed portion
of the fiscal year, and cash flows for the then elapsed portion of the fiscal
year, setting forth in each case in comparative form the figures for the
corresponding period or periods of (or, in the case of the balance sheet, as of
the end of) the previous fiscal year, all certified by one of its Financial
Officers as presenting fairly in all material respects the financial condition
and results of operations of the Parent Borrower and its consolidated
Subsidiaries on a consolidated basis in accordance with GAAP consistently
applied (except as disclosed therein), subject to normal year-end audit
adjustments and the absence of footnotes; provided that delivery within
the time period specified above of copies of the Quarterly Report on Form 10-Q
of the Parent Borrower filed with the Securities and Exchange Commission shall
be deemed to satisfy the requirements of this Section 5.1(b);

 

82

 

(c)           concurrently
with any delivery of financial statements under clause (a) or (b) above,
a certificate (a “Compliance Certificate”) of a Financial Officer of the Parent Borrower,
substantially in the form of Exhibit M, (i) certifying as to
whether a Default has occurred and, if a Default has occurred, specifying the
details thereof and any action taken or proposed to be taken with respect
thereto, (ii) setting forth reasonably detailed calculations demonstrating
compliance with Section 6.1, (iii) stating whether any change
in GAAP or in the application thereof has occurred since the date of the Parent
Borrower’s audited financial statements referred to in Section 3.4
and, if any such change has occurred, specifying the effect of such change on
the financial statements accompanying such certificate and (iv) with
respect to any Permitted Acquisition for which the aggregate Consideration is
greater than or equal to $100,000,000 and for which a certificate has not been
previously delivered to the Administrative Agent as required by the definition
of Permitted Acquisition, certifying as to the matters specified in
clause (a) of the proviso in such definition;

 

(d)           concurrently
with any delivery of financial statements under clause (a) above, a
certificate of the accounting firm that reported on such financial statements
stating whether they obtained knowledge during the course of their examination
of such financial statements of any Default or Event of Default (which
certificate may be limited to the extent required by accounting rules or
guidelines);

 

(e)           not
later than 60 days after the commencement of each fiscal year of the Parent
Borrower, a consolidated budget for such fiscal year (including a projected
consolidated balance sheet and related statements of projected operations and
cash flow as of the end of and for such fiscal year and setting forth the
assumptions used for purposes of preparing such budget) and, promptly when
available, any significant revisions of such budget;

 

(f)            [reserved];

 

(g)           promptly
after the same become publicly available, copies of all periodic and other
reports, proxy statements and other materials filed by the Parent Borrower or
any Subsidiary with the Securities and Exchange Commission, or any Governmental
Authority succeeding to any or all of the functions of said Commission, or with
any national securities exchange, or distributed by the Parent Borrower to its
shareholders generally, as the case may be; and

 

(h)           promptly
following any request therefor, such other information regarding the
operations, business affairs, financial condition and identity of the Parent
Borrower or any Subsidiary, or compliance with the terms of any Loan Document,
as any Agent or any Lender may reasonably request, including any request made
by a Lender as contemplated by Section 9.15.

 

The Parent Borrower hereby acknowledges that (a) the
Administrative Agent and/or BAS will make available on a confidential basis to
the Foreign Trade Facility Agent, the Lenders, the Issuing Lenders and the
Foreign Issuing Lenders materials and/or information provided by or on behalf
of the Parent Borrower hereunder (collectively, the “Borrower Materials”)
by posting the Parent Borrower Materials on IntraLinks or another similar
electronic system (the “Platform”) and (b) certain of the Lenders
(each, a “Public Lender”) may have personnel who do not wish to receive
material non-public information with respect to the Parent Borrower or its
Affiliates, or the respective securities of any of the foregoing, and who may
be engaged in investment and other market-related activities with respect to
such Person’s securities.  The Parent
Borrower hereby agrees that (w) all Borrower Materials that are to be made
available to Public Lenders shall be clearly and conspicuously marked “PUBLIC”
which, at a

 

83

 

minimum,
shall mean that the word “PUBLIC” shall appear prominently on the first page thereof;
(x) by marking Borrower Materials “PUBLIC,” the Parent Borrower shall be
deemed to have authorized the Administrative Agent and BAS to treat such
Borrower Materials as not containing any material non-public information with
respect to the Parent Borrower or its securities for purposes of United States
federal and state securities laws (provided, however, that to the
extent such Borrower Materials constitute Information, they shall be treated as
set forth in Section 9.11); (y) all Borrower Materials marked “PUBLIC”
are permitted to be made available through a portion of the Platform designated
as “Public Investor;” and (z) the Administrative Agent and BAS shall be
entitled to (and agree to) treat any Borrower Materials that are not marked “PUBLIC”
as being suitable only for posting on a portion of the Platform not marked as “Public
Investor.”  Notwithstanding the
foregoing, the Parent Borrower shall be under no obligation to mark any
Borrower Materials “PUBLIC”.

 

Section 5.2.            Notices of Material Events.

 

The Parent Borrower will furnish to the Administrative
Agent, for distribution to the Lenders, and to the Foreign Trade Facility Agent
prompt written notice, upon any Financial Officer having knowledge of the
following:

 

(a)           the
occurrence of any Default or Event of Default;

 

(b)           the
filing or commencement of any action, suit or proceeding by or before any
arbitrator or Governmental Authority against or affecting the Parent Borrower
or any Affiliate thereof that could reasonably be expected to have a Material
Adverse Effect;

 

(c)           the
occurrence of any ERISA Event that, alone or together with any other ERISA
Events that have occurred, could reasonably be expected to result in liability
of the Parent Borrower and its Subsidiaries in an aggregate amount exceeding
$50,000,000;

 

(d)           after
the occurrence of the Ratings Event, any casualty or other insured damage to
any material portion of any Collateral or the commencement of any action or
proceeding for the taking of any material portion of the Collateral or interest
therein under power of eminent domain or by condemnation or similar proceeding
that could reasonably be expected to reduce the value of the Collateral by an
aggregate amount in excess of $50,000,000; and

 

(e)           any
development that has resulted in, or could reasonably be expected to have, a
Material Adverse Effect.

 

Each notice delivered under this Section shall be
accompanied by a statement of a Financial Officer or other executive officer of
the Parent Borrower setting forth the details of the event or development
requiring such notice and any action taken or proposed to be taken with respect
thereto.

 

Section 5.3.            Information Regarding
Collateral.

 

(a)           The
Parent Borrower will furnish to the Administrative Agent prompt written notice
of any change (i) in any Loan Party’s corporate name, (ii) in the
jurisdiction of organization of any Loan Party, (iii) in any Loan Party’s
identity or corporate structure or (iv) in any Loan Party’s Federal
Taxpayer Identification Number.  Unless
the Parent Borrower shall have provided to the Administrative Agent at least 15
days’ prior written notice of any such change, the Parent Borrower agrees not
to effect or permit any change referred to in the preceding sentence until such
time as all filings have been made under the UCC or otherwise that are required
in order for the Administrative Agent to continue at all times

 

84

 

following such change to have a valid, legal and
perfected security interest in all the Collateral to the same extent as before
such change.

 

(b)           On
each Collateral Date, the Parent Borrower shall deliver to the Administrative
Agent a certificate of a Financial Officer of the Parent Borrower setting forth
(i) the information required by Section 5.11 and (ii) a
summary of any change referred to in the first sentence of paragraph (a) above
that has occurred since the immediately preceding Collateral Date (or, in the
case of the first Collateral Date, since the Effective Date).

 

Section 5.4.            Existence; Conduct of
Business.

 

The Parent Borrower will, and will cause each of its
Subsidiaries to, do or cause to be done all things necessary to preserve, renew
and keep in full force and effect its legal existence and the rights, licenses,
permits, privileges, franchises, patents, copyrights, trademarks and trade
names material to the conduct of its business, except to the extent that the
failure to do so could not reasonably be expected to have a Material Adverse
Effect; provided that the foregoing shall not prohibit any merger,
consolidation, liquidation or dissolution permitted under Section 6.4.

 

Section 5.5.            Payment of Obligations.

 

The Parent Borrower will, and will cause each of its
Subsidiaries to, pay its material Indebtedness and other obligations, including
material Tax liabilities, before the same shall become delinquent or in
default, except where (a) the validity or amount thereof is being
contested in good faith by appropriate proceedings, (b) the Parent
Borrower or such Subsidiary has set aside on its books adequate reserves with
respect thereto in accordance with GAAP, (c) such contest effectively
suspends collection of the contested obligation and the enforcement of any Lien
securing such obligation and (d) the failure to make payment pending such
contest could not reasonably be expected to have a Material Adverse Effect.

 

Section 5.6.            Maintenance of Properties.

 

The Parent Borrower will, and will cause each of its
Subsidiaries to, keep and maintain all property material to the conduct of its
business in good condition, ordinary obsolescence, wear and tear excepted and
except where the failure to do so, in the aggregate, could not reasonably be
expected to have a Material Adverse Effect.

 

Section 5.7.            Insurance.

 

The Parent Borrower will, and will cause each of its
Subsidiaries to, maintain, with financially sound and reputable insurance
companies (a) insurance in such amounts (with no greater risk retention)
and against such risks as are customarily maintained by companies of established
repute engaged in the same or similar businesses operating in the same or
similar locations and (b) all insurance required to be maintained pursuant
to the Security Documents.  The Parent
Borrower will furnish to the Lenders, upon request of the Administrative Agent,
information in reasonable detail as to the insurance so maintained.

 

Section 5.8.            Books and Records;
Inspection and Audit Rights.

 

The Parent Borrower will, and will cause each of its
Subsidiaries to, keep proper books of record and account in which full, true
and correct entries are made of all dealings and transactions in relation to
its business and activities.  The Parent
Borrower will, and will cause each of its Subsidiaries to, permit any representatives
designated by any Agent or any Lender, upon reasonable prior notice, to visit
and inspect its properties, to examine and make extracts from its books and
records, and to discuss its affairs,

 

85

 

finances and condition with its officers and
independent accountants, all at such reasonable times and as often as
reasonably requested.

 

Section 5.9.            Compliance with Laws and
Contractual Obligations.

 

The Parent Borrower will, and will cause each of its
Subsidiaries to, comply with all laws, rules, regulations and orders of any
Governmental Authority (including Environmental Laws) and all Contractual
Obligations applicable to it or its property, except where the failure to do
so, in the aggregate, could not reasonably be expected to have a Material Adverse
Effect.

 

Section 5.10.          Use of Proceeds and Letters
of Credit and Foreign Credit Instruments.

 

The
proceeds of the Term Loans, the Domestic Revolving Loans and the Global
Revolving Loans will be used (a) to refinance indebtedness under the
Existing Credit Agreement and (b) for working capital, capital
expenditures and other lawful corporate purposes of the Parent Borrower and its
Subsidiaries, including Permitted Acquisitions, Investments and Restricted
Payments permitted hereby.  The Letters of Credit will be used to issue
financial and performance letters of credit requested by any Borrower on behalf
of itself or any of its Subsidiaries. 
The Foreign Credit Instruments will be used only for the operational business
of the Parent Borrower and its Subsidiaries; provided that no Foreign
Credit Instrument may be issued for the benefit of financial creditors.  No part of the proceeds of any Loan will be
used, whether directly or indirectly, for any purpose that entails a violation
of any of the Regulations of the Board, including Regulations U and X.

 

Section 5.11.          Additional Collateral.

 

(a)           On
each Collateral Date, the Parent Borrower will notify the Administrative Agent
of the identity of any Wholly Owned Subsidiary that is not already a Subsidiary
Guarantor and promptly after such Collateral Date will (i) in the case of
each such Subsidiary that is a Material Subsidiary, cause such Subsidiary
(unless it is a Foreign Subsidiary (or a Subsidiary thereof) or a Receivables
Entity) to become a “Subsidiary Guarantor” and a “Grantor” under the Guarantee
and Collateral Agreement and, after the occurrence of the Ratings Event, each
other relevant Security Document, (ii) cause the Capital Stock of such
Wholly Owned Subsidiary to be pledged pursuant to the Guarantee and Collateral
Agreement (except that, (A) if such Subsidiary is a Foreign Subsidiary (or
a Subsidiary thereof), no Capital Stock of such Subsidiary shall be pledged
unless such Subsidiary is a Material Subsidiary that is directly owned by the
Parent Borrower or a Domestic Subsidiary, and then the amount of voting stock
of such Subsidiary to be pledged pursuant to the Guarantee and Collateral
Agreement shall be limited to 65% of the outstanding shares of voting stock of
such Subsidiary, (B) if such Subsidiary is a Receivables Entity, no shares
of Capital Stock of such Subsidiary shall be pledged if the documentation
relating to the Receivables sale, factoring or securitization to which such
Receivables Entity is a party expressly prohibits such pledge and (C) if
the pledge of the Capital Stock of any such Wholly Owned Subsidiary would
result in a violation of any laws, regulations or orders of any Governmental
Authority, no shares of the Capital Stock of such Subsidiary shall be pledged)
and (iii) except in the case of a Foreign Subsidiary (or a Subsidiary
thereof) or a Receivables Entity, take all steps required pursuant to this Section 5.11,
Section 5.12 and the relevant Security Documents to create and
perfect Liens in the relevant property of such Subsidiary; provided that
the Parent Borrower and its Subsidiaries shall not be required to comply with
the requirements of this Section 5.11(a) if the Administrative
Agent, in its sole discretion, determines that the cost of such compliance is
excessive in relation to the value of the collateral security to be afforded
thereby.

 

(b)          Promptly,
and in any event within 30 days (or such longer period as is reasonably
acceptable to the Administrative Agent), following the first date on which the
corporate family rating of the Parent Borrower from Moody’s is “Ba2” or less
and the corporate credit rating of the Parent Borrower

 

86

 

from S&P is “BB” or less (such date, the “Ratings
Event”), the Parent Borrower shall (i) execute and deliver, and cause
each Subsidiary Guarantor to execute and deliver, to the Administrative Agent
security documents, in form and substance reasonably satisfactory to the
Administrative Agent, pursuant to which the Parent Borrower and each Subsidiary
Guarantor shall grant to the Administrative Agent, for the benefit of the
Lenders, a security interest in all property of such Person (including any
parcel of owned domestic real property having a fair market value in excess of
$10,000,000 but excluding (A) all other real property, (B) Capital
Stock not required to be pledged pursuant to Section 5.11(a), (C) assets
that cannot be pledged as collateral because the pledge thereof would result in
a default, breach or other violation of then existing Contractual Obligations
or laws, regulations or orders of any Governmental Authority and (D) those
assets that are, in the reasonable judgment of the Administrative Agent,
customarily excluded from security documents) that is not already subject to a
perfected first priority Lien (except as permitted by Section 6.3)
in favor of the Administrative Agent and (ii) take, and cause the relevant
Subsidiaries to take, such actions as shall be necessary or reasonably
requested by the Administrative Agent to grant and perfect such Liens,
including actions described in Section 5.12, all at the expense of
the Loan Parties; provided that the Parent Borrower and its Subsidiaries
shall not be required to comply with the requirements of this Section 5.11(b) if
the Administrative Agent, in its sole discretion, determines that the cost of
such compliance is excessive in relation to the value of the collateral
security to be afforded thereby.

 

(c)           If,
as of any Collateral Date following the Ratings Event, any property of the
Parent Borrower, any Subsidiary Guarantor that is a “Grantor” under any
Security Document or any Subsidiary that is required to become a “Grantor”
pursuant to Section 5.11(a) is not already subject to a
perfected first priority Lien (except to the same extent as not required
pursuant to Section 5.11(b) or as permitted by Section 6.3)
in favor of the Administrative Agent, the Parent Borrower will notify the
Administrative Agent thereof, and, promptly after such Collateral Date, will
cause such assets to become subject to a Lien under the relevant Security
Documents and will take, and cause the relevant Subsidiary to take, such
actions as shall be necessary or reasonably requested by the Administrative
Agent to grant and perfect such Liens, including actions described in Section 5.12,
all at the expense of the Loan Parties; provided that the Parent
Borrower and its Subsidiaries shall not be required to comply with the
requirements of this Section 5.11(c) if the Administrative
Agent, in its sole discretion, determines that the cost of such compliance is
excessive in relation to the value of the collateral security to be afforded
thereby.

 

(d)          Notwithstanding
anything to the contrary in this Section 5.11 or any other Loan
Document, prior to the occurrence of the Ratings Event, no property other than
Capital Stock (subject to the exceptions specified in Section 5.11(a))
shall be required to become Collateral.

 

(e)           Promptly,
and in any event within 30 days (or such longer period as is reasonably
acceptable to the Administrative Agent), following the first date after the
Release Date on which the corporate family rating of the Parent Borrower from
Moody’s is “Ba2” or less and the corporate credit rating of the Parent Borrower
from S&P is “BB” or less, the Parent Borrower shall (i) execute and
deliver, and cause each Subsidiary Guarantor to execute and deliver, to the
Administrative Agent security documents, in form and substance reasonably
satisfactory to the Administrative Agent, pursuant to which the Parent Borrower
and each Subsidiary Guarantor shall grant to the Administrative Agent, for the
benefit of the Lenders, a security interest in all property (and types of
property) of such Person that constituted Collateral under the Guarantee and
Collateral Agreement as in effect immediately prior to the Release Date (and,
for the avoidance of doubt, shall not include Capital Stock not required to be
pledged pursuant to Section 5.11(a)) and (ii) take, and cause
the relevant Subsidiaries to take, such actions as shall be necessary or
reasonably requested by the Administrative Agent to grant and perfect such
Liens, including actions described in Section 5.12, all at the
expense of the Loan Parties.

 

87

 

(f)           Notwithstanding
anything to the contrary in this Section 5.11 or any other Loan
Document, the Administrative Agent and the Lenders shall not have Liens on (and
shall, at the request and expense of the Parent Borrower, timely release any
purported Liens on): (i) the assets transferred to a Receivables Entity
and assets of such Receivables Entity, (ii) the Receivables and related
assets (of the type specified in the definition of “Qualified Receivables
Transaction”) transferred, or in respect of which security interests are
granted, pursuant to a Qualified Receivables Transaction, (iii) if the
documentation relating to the Receivables sale, factoring or securitization to
which such Receivables Entity is a party expressly prohibits such a Lien, the
Capital Stock or debt (whether or not represented by promissory notes) of or
issued by a Receivables Entity to the Parent Borrower or any of its
Subsidiaries, in each case in connection with a Qualified Receivables
Transaction permitted by Section 6.6(c) and (iv) Capital
Stock not required to be pledged pursuant to Section 5.11(a), (b) or
(c).

 

Section 5.12.          Further Assurances.

 

The Parent Borrower will, and will cause each of the
Subsidiaries to, execute any and all further documents, financing statements,
agreements and instruments, and take all such further actions (including the
filing and recording of financing statements, fixture filings, mortgages, deeds
of trust and other documents), which may be required under any applicable law,
or which the Administrative Agent may reasonably request, to effectuate the
transactions contemplated by the Loan Documents or to grant, preserve, protect
or perfect the Liens created or intended to be created by the Security
Documents or the validity or priority of any such Lien, all at the expense of
the Loan Parties.  The Parent Borrower
also agrees to provide to the Administrative Agent, from time to time upon
request, evidence reasonably satisfactory to the Administrative Agent as to the
perfection and priority of the Liens created or intended to be created by the
Security Documents.

 

Section 5.13.          Post-Closing Obligations.

 

Within
60 days of the Effective Date (or such later date as determined by the Agents),
the Parent Borrower will, for each
Foreign Subsidiary Borrower listed on Schedule 2.23 as of the Effective
Date, deliver or cause to be delivered to each Agent a Foreign Subsidiary Opinion with respect to
each such Foreign Subsidiary Borrower in form and substance reasonably
satisfactory to each Agent.

 

ARTICLE VI

 

NEGATIVE COVENANTS

 

Until the Commitments have expired or
terminated and the principal of and interest (and premium, if any) on each Loan
and all fees payable hereunder have been paid in full and all Letters of Credit
and Foreign Credit Instruments have expired (without any pending drawing) or
terminated (or been fully cash collateralized or otherwise supported in a
manner consistent with the terms of Section 2.5(j) or Section 2.6(o)(iv),
as applicable) and all LC Disbursements and Foreign Credit Disbursements shall
have been reimbursed, the Parent Borrower covenants and agrees with the Lenders
that:

 

Section 6.1.            Financial Condition
Covenants.

 

(a)  Consolidated Leverage Ratio.  The Parent Borrower will not permit the
Consolidated Leverage Ratio as at the last day of any period of four
consecutive fiscal quarters of the Parent Borrower to exceed 3.25 to 1.00.

 

88

 

(b)           Consolidated
Interest Coverage Ratio.  The Parent Borrower will not permit the
Consolidated Interest Coverage Ratio for any period of four consecutive fiscal
quarters of the Parent Borrower to be less than 3.50 to 1.00.

 

Section 6.2.            Indebtedness.

 

The Parent Borrower will not, and will not permit any
Subsidiary to, create, incur, assume (collectively, “Incur”) or permit
to exist (except as provided below) any Indebtedness, except:

 

(a)           Indebtedness
created under the Loan Documents;

 

(b)           subordinated
debt of the Parent Borrower (including any subordinated debt which extends,
renews, replaces or is in exchange for existing subordinated debt of the Parent
Borrower), so long as (i) such Indebtedness has no scheduled principal
payments prior to the date that is six months after the latest maturity date
then in effect for Loans hereunder, (ii) the covenants and defaults, taken
as a whole, contained in the Subordinated Debt Documents are not materially
more restrictive than those contained in this Agreement, as agreed to by the
Administrative Agent acting reasonably, and (iii) the Subordinated Debt
Documents contain subordination terms that are no less favorable in any
material respect to the Lenders than those applicable to offerings of “high-yield”
subordinated debt by similar issuers of similar debt at or about the same time,
as agreed to by the Administrative Agent acting reasonably;

 

(c)           Indebtedness
existing on the Effective Date and set forth in Schedule 6.2 and
extensions, renewals and replacements of any such Indebtedness that do not
increase the outstanding principal amount thereof;

 

(d)           Indebtedness
of the Parent Borrower to any Subsidiary and of any Subsidiary to the Parent
Borrower or any other Subsidiary; provided that Indebtedness pursuant to
this paragraph (d) of any Subsidiary that is not a Wholly Owned
Subsidiary Guarantor shall be subject to Section 6.5;

 

(e)           Indebtedness
relating to reimbursement and related obligations in connection with surety,
indemnity, performance, warranty, release and appeal bonds or instruments, bank
guarantees, letters of credit, and guarantees of any of the foregoing in each
case supporting obligations not constituting Indebtedness for borrowed money
and obtained in the ordinary course of business;

 

(f)            Guarantees
by the Parent Borrower of Indebtedness of any Subsidiary and by any Subsidiary
of Indebtedness of the Parent Borrower or any other Subsidiary; provided
that (i) Guarantees pursuant to this paragraph (f) of
Indebtedness of any Subsidiary that is not a Wholly Owned Subsidiary Guarantor
shall be subject to Section 6.5, (ii) a Subsidiary shall not
Guarantee the Indebtedness of any Loan Party unless such Subsidiary has also
Guaranteed the Obligations pursuant to the Guarantee and Collateral Agreement
and (iii) Guarantees pursuant to this paragraph (f) of Subordinated
Debt shall be subordinated to the Guarantee of the Obligations pursuant to the
Guarantee and Collateral Agreement on terms no less favorable to the Lenders
than the subordination provisions of the Subordinated Debt;

 

(g)           (i)            Indebtedness of the Parent Borrower or any Subsidiary Incurred to
finance the acquisition, construction or improvement of any fixed or capital
assets, including Capital Lease Obligations and any Indebtedness assumed in
connection with the acquisition of any such assets or secured by a Lien on any
such assets prior to the acquisition thereof, and

 

89

 

extensions, renewals and replacements of any such
Indebtedness that do not increase the outstanding principal amount thereof; provided
that such Indebtedness (other than any such extension, renewal or replacement)
is Incurred prior to or within 90 days after such acquisition or the completion
of such construction or improvement and (ii) Attributable Debt in
connection with Sale/Leaseback Transactions involving fixed or capital assets,
in the case of either clause (i) or (ii) if at the time of
Incurrence thereof, after giving effect thereto, the aggregate principal amount
of all Specified Indebtedness shall not exceed an amount equal to 15% of the
Total Consolidated Assets;

 

(h)           Indebtedness
of any Person that becomes a Subsidiary after the Effective Date and
extensions, renewals and replacements of any such Indebtedness that do not
increase the outstanding principal amount thereof; provided that (i) such
Indebtedness (other than any such extension, renewal or replacement) exists at
the time such Person becomes a Subsidiary and is not created in contemplation
of or in connection with such Person becoming a Subsidiary and (ii) at the
time of Incurrence thereof, after giving effect thereto, the aggregate
principal amount of all Specified Indebtedness shall not exceed an amount equal
to 15% of the Total Consolidated Assets;

 

(i)            Indebtedness
to finance the general working capital needs of the Parent Borrower and its
Subsidiaries, Incurred after the Domestic Revolving Maturity Date and the Global
Revolving Maturity Date, in an aggregate principal amount not to exceed the
amount of the total Revolving Commitments as in effect immediately prior to
such date; provided that (i) the Revolving Commitments shall have
been or shall concurrently be terminated, the Domestic Revolving Loans, Global
Revolving Loans and Swingline Loans shall have been or shall concurrently be
repaid in full, all LC Disbursements shall have been repaid in full and all
Letters of Credit shall have been or shall concurrently be cancelled or
replaced or cash collateralized or other arrangements reasonably satisfactory
to the Administrative Agent and the applicable Issuing Lenders shall have been
made and (ii) the terms and conditions of such replacement working capital
facility (including any arrangements for sharing of collateral) shall be
reasonably satisfactory to the Required Lenders (determined after giving effect
to the termination of the Revolving Commitments);

 

(j)            Indebtedness
relating to reimbursement and related obligations in connection with letters of
credit, bank guarantees or surety instruments obtained in the ordinary course
of business, and guarantees of the foregoing, in an aggregate face amount not
exceeding $150,000,000 at any time outstanding (which may be secured); provided
that, in the case of any such Indebtedness that is secured, at the time of
Incurrence thereof, after giving effect thereto, the aggregate principal amount
of all Specified Indebtedness shall not exceed an amount equal to 15% of the
Total Consolidated Assets;

 

(k)           Indebtedness
of Foreign Subsidiaries and any other Subsidiary that is not a Loan Party; provided
that, at the time of Incurrence thereof, after giving effect thereto, the
aggregate principal amount of all Specified Indebtedness shall not exceed an
amount equal to 15% of the Total Consolidated Assets (with the amount of
Indebtedness under overdraft lines or cash management facilities being
determined net of cash held for the benefit of the relevant Subsidiary by the
institution creating such overdraft or cash management facility);

 

(l)            unsecured
Indebtedness of the Parent Borrower (and any unsecured Guarantees of such
Indebtedness by Subsidiary Guarantors to the extent permitted by Section 6.2(f))
and any extensions, renewals and replacements of any such Indebtedness that are
Incurred by the Parent Borrower, that are unsecured and that do not increase
the outstanding principal amount of such

 

90

 

Indebtedness (and any unsecured Guarantees of such
Indebtedness by Subsidiary Guarantors to the extent permitted by Section 6.2(f));
provided that, with respect to all Indebtedness permitted by this
paragraph (1) (including any extension, renewal or replacement
thereof), (i) such Indebtedness has no scheduled principal payments prior
to the latest maturity date then in effect for Loans hereunder, (ii) the
covenants and defaults, taken as a whole, contained in the documentation for
such Indebtedness are not materially more restrictive than those contained in
this Agreement, as agreed to by the Administrative Agent acting reasonably, (iii) no
Default or Event of Default shall have occurred and be continuing, or would
occur after giving effect to the Incurrence of such Indebtedness, and (iv) the
Parent Borrower shall be in compliance, on a pro  forma basis
after giving effect to the Incurrence of such Indebtedness, with the covenants
contained in Section 6.1, in each case recomputed as at the last
day of the most recently ended fiscal quarter of the Parent Borrower for which
the relevant information is available as if such Incurrence had occurred on the
first day of each relevant period for testing such compliance (as demonstrated
in a certificate of a Financial Officer delivered to the Administrative Agent
not more than two Business Days prior to such Incurrence);

 

(m)          Receivables
Transaction Attributed Indebtedness and all yield, interest, fees, indemnities
and other amounts related thereto; provided that the related Qualified
Receivables Transaction shall be subject to Section 6.6(c);

 

(n)           Hedging
Agreements, so long as such agreements are not entered into for speculative
purposes;

 

(o)           Indebtedness,
and any extensions, renewals and replacements of any such Indebtedness,
incurred in connection with the Chinese Loan Facility in an aggregate principal
amount not exceeding $50,000,000 at any time outstanding;

 

(p)           other
Indebtedness of any Loan Party in an aggregate principal amount not exceeding
$200,000,000 at any time outstanding; provided that, in the case of any
such Indebtedness that is secured, at the time of Incurrence thereof, after
giving effect thereto, the aggregate principal amount of all Specified
Indebtedness shall not exceed an amount equal to 15% of the Total Consolidated
Assets; and

 

(q)           Indebtedness
relating to reimbursement and related obligations in connection with letters of
credit, bank guarantees or other credit instruments issued for the account of
SPX Corporation (China) Co., Ltd. or any other Chinese Subsidiary pursuant to a
facility or facilities (a “Chinese Credit Instrument Facility”) provided
by one or more financial institutions; provided, that the aggregate face amount
of outstanding letters of credit, bank guarantees or other credit instruments
under Chinese Credit Instrument Facility or Facilities, together with the
aggregate face amount of outstanding Foreign Credit Instruments and Joint
Signature Foreign Credit Instruments issued pursuant to Section 2.6
(but without duplication of outstanding Foreign Credit Instruments and Joint
Signature Foreign Credit Instruments issued to support such Chinese Credit
Instrument Facility or Facilities) shall not exceed $950,000,000.

 

Section 6.3.            Liens.

 

The Parent Borrower will not, and will not permit any
Subsidiary to, Incur or permit to exist any Lien on any property or asset now
owned or hereafter acquired by it, or assign or sell any income or revenues
(including Receivables) or rights in respect of any thereof, except:

 

(a)           Liens
created under the Loan Documents;

 

91

 

(b)           Permitted
Encumbrances;

 

(c)           any
Lien on any property or asset of the Parent Borrower or any Subsidiary existing
on the Effective Date and set forth in Schedule 6.3; provided
that (i) such Lien shall not apply to any other property or asset of the
Parent Borrower or any Subsidiary (other than improvements, accessions,
proceeds, dividends or distributions in respect thereof and assets fixed or
appurtenant thereto) and (ii) such Lien shall secure only those
obligations which it secures on the Effective Date and extensions, renewals and
replacements thereof that do not increase the outstanding principal amount
thereof;

 

(d)           any
Lien existing on any property prior to the acquisition thereof by the Parent
Borrower or any Subsidiary or existing on any property of any Person that
becomes a Subsidiary after the date hereof prior to the time such Person
becomes a Subsidiary; provided that (i) such Lien is not created in
contemplation of or in connection with such acquisition or such Person becoming
a Subsidiary, as the case may be, (ii) such Lien shall not apply to any
other property of the Parent Borrower or any Subsidiary (other than
improvements, accessions, proceeds, dividends or distributions in respect
thereof and assets fixed or appurtenant thereto) and (iii) such Lien shall
secure only those obligations which it secures on the date of such acquisition
or the date such Person becomes a Subsidiary, as the case may be, and
extensions, renewals and replacements thereof that do not increase the
outstanding principal amount thereof;

 

(e)           Liens
on fixed or capital assets acquired, constructed or improved by the Parent
Borrower or any Subsidiary; provided that (i) such Liens secure
Indebtedness permitted by Section 6.2(g), (ii) such Liens and
the Indebtedness secured thereby (other than extensions, renewals and
replacements) are Incurred prior to or within 90 days after such acquisition or
the completion of such construction or improvement, (iii) the Indebtedness
secured thereby does not exceed 100% of the cost of acquiring, constructing or
improving such fixed or capital assets and (iv) such Liens shall not apply
to any other property or assets of the Parent Borrower or any Subsidiary (other
than improvements, accessions, proceeds, dividends or distributions in respect
thereof and assets fixed or appurtenant thereto);

 

(f)            Liens
on the property or assets of a Person that becomes a Subsidiary after the
Effective Date securing Indebtedness permitted by Section 6.2(h);  provided that (i) such Liens
existed at the time such Person became a Subsidiary and were not created in
contemplation t thereof, (ii) any such Lien is not expanded to cover any
property or assets of such Person after the time such Person becomes a
Subsidiary and (iii) any such Lien shall secure only those obligations
which it secures on the Effective Date and extensions, renewals and
replacements thereof that do not increase the outstanding principal amount
thereof;

 

(g)           Liens
securing Indebtedness permitted by Section 6.2(i); provided
that, if any such Liens are on property that is not Collateral, then,
contemporaneously with the Incurrence of such Liens, effective provision is
made to secure the Obligations equally and ratably with the Indebtedness
secured by such Liens for so long as such Indebtedness is so secured;

 

(h)           Liens
securing Indebtedness permitted by Section 6.2(j).

 

(i)            Liens
on property of any Foreign Subsidiary or any other Subsidiary that is not a
Loan Party securing Indebtedness of such Subsidiary permitted by Section 6.2(k);

 

92

 

(j)            Liens
on assets transferred to a Receivables Entity or other Person in connection
with a Qualified Receivables Transaction or on assets of a Receivables Entity,
in each case Incurred in connection with a Qualified Receivables Transaction
securing Indebtedness permitted by Section 6.2(m);

 

(k)           Liens
securing Indebtedness expressly permitted to be secured by Section 6.2(p);
provided that the aggregate book value (determined as of the date such
Loan is incurred) of the assets subject thereto does not exceed (as to the
Parent Borrower and all Subsidiaries) $200,000,000 at any one time; and

 

(l)            Liens
securing obligations or liabilities (other than Indebtedness) in an amount not
to exceed $50,000,000.

 

It is understood that Liens pursuant to Sections
6.3(d), (e), (f),  (g),
(h), (i),
(j) and (k) may be Incurred only to the extent the
corresponding Indebtedness is expressly permitted to be Incurred pursuant to Section 6.2.

 

Section 6.4.            Fundamental Changes.

 

The Parent Borrower will not, and will not permit any
Subsidiary to, merge into or consolidate with any other Person, or permit any
other Person to merge into or consolidate with it, or liquidate or dissolve,
except that, if at the time thereof and immediately after giving effect thereto
no Default or Event of Default shall have occurred and be continuing;

 

(a)           any
Person may merge into the Parent Borrower in a transaction in which the Parent
Borrower is the surviving corporation;

 

(b)           any
Person may merge or consolidate with any Wholly Owned Subsidiary Guarantor so
long as the surviving entity is or becomes a Wholly Owned Subsidiary Guarantor;

 

(c)           any
Subsidiary may Dispose of its assets to the Parent Borrower or any Wholly Owned
Subsidiary Guarantor pursuant to a transaction of liquidation or dissolution;

 

(d)           the
Parent Borrower or any Subsidiary may Dispose of any Subsidiary pursuant to a
merger of such Subsidiary in a Disposition permitted by Section 6.6;

 

(e)           any
Foreign Subsidiary or other Subsidiary that is not a Subsidiary Guarantor (x) may
merge or consolidate with any other Person so long as the surviving entity is a
Subsidiary; provided that in the case of a merger or consolidation
involving a Foreign Subsidiary Borrower, the surviving entity is a Borrower) or
(y) Dispose of its assets to any other Subsidiary pursuant to a
transaction of liquidation or dissolution; and

 

(f)            the
Parent Borrower may merge or consolidate into any other Person so long as (i) the
surviving entity assumes all the Obligations of the Parent Borrower hereunder
and under the other Loan Documents pursuant to a written agreement satisfactory
to the Administrative Agent, (ii) the surviving entity is organized under
the laws of a jurisdiction within the United States of America, (iii) no Default
or Event of Default shall have occurred and be continuing, or would occur after
giving effect to such merger, (iv) the Parent Borrower shall be in
compliance, on a pro  forma basis after giving effect to such
merger or consolidation, as applicable, with the covenants contained in Section 6.1,
in each case recomputed as at the last day of the most recently ended fiscal
quarter of the Parent Borrower for which the relevant information is

 

93

 

available as if such merger or consolidation had
occurred on the first day of each relevant period for testing such compliance
(as demonstrated in a certificate of a Financial Officer delivered to the
Administrative Agent at least ten Business Days prior to such merger or
consolidation) and (v) all filings have been made under the UCC or
otherwise that are required in order for the Administrative Agent to continue
at all times following such merger or consolidation to have a valid, legal and
perfected security interest in all the Collateral to the same extent as prior
to such merger or consolidation.

 

It is understood that no transaction pursuant to this Section 6.4
shall be permitted unless any Investment or Disposition made in connection
therewith is also expressly permitted by Section 6.5 or Section 6.6,
as applicable.

 

Section 6.5.            Investments, Loans,
Advances, Guarantees and Acquisitions.

 

The Parent Borrower will not, and will not permit any
of its Subsidiaries to, purchase, hold or acquire (including pursuant to any
merger with any Person that was not a Wholly Owned Subsidiary prior to such
merger) any Capital Stock of or evidences of Indebtedness or other securities
(including any option, warrant or other right to acquire any of the foregoing)
of, make or permit to exist any loans or advances to, Guarantee any obligations
of, or make or permit to exist any investment or any other interest in, any
other Person, or purchase or otherwise acquire (in one transaction or a series
of transactions) any assets of any other Person constituting a business unit
(collectively, “Investments”), except:

 

(a)           Permitted
Investments;

 

(b)           Investments
existing on the Effective Date and set forth on Schedule 6.5;

 

(c)           intercompany
Investments made by the Parent Borrower and its Subsidiaries in any Subsidiary
(other than any Receivables Entity) that, prior to such Investment, is a
Subsidiary; provided that, after giving effect to any such Investment
made on a particular date, the aggregate amount of outstanding Investments made
pursuant to this proviso to this subsection (c) by Loan Parties after the
Effective Date in or with respect to Subsidiaries (other than any Receivables
Entity) that are not Wholly Owned Subsidiary Guarantors shall not exceed an
amount equal to 15% of the Total Consolidated Assets (it being understood that
the amount of any intercompany Investment made pursuant to this paragraph (c) in
exchange for the forgiveness of any Indebtedness owing to the Person in which
such Investment is made shall be determined net of the amount of such
Indebtedness forgiven);

 

(d)           loans
and advances to employees of the Parent Borrower or any Subsidiary in the
ordinary course of business (including for travel, entertainment and relocation
expenses) in an aggregate amount for the Parent Borrower and its Subsidiaries
not to exceed $20,000,000 at any one time outstanding;

 

(e)           Guarantees
constituting Indebtedness permitted by Section 6.2; provided
that (i) a Subsidiary shall not Guarantee the Senior Notes, any
Subordinated Debt or any Other Permitted Debt unless (A) such Subsidiary
also has Guaranteed the Obligations pursuant to the Guarantee and Collateral
Agreement, (B) in the case of any Guarantee of Subordinated Debt, such
Guarantee of the Subordinated Debt is subordinated to such Guarantee of the
Obligations on terms no less favorable to the Lenders than the subordination
provisions of the Subordinated Debt and (C) such Guarantee provides for
the release and termination thereof, without action by any party, upon
Disposition of the relevant Subsidiary, (ii) the aggregate principal
amount of Indebtedness of Subsidiaries that are not Wholly Owned Subsidiary
Guarantors that is Guaranteed by any Loan

 

94

 

Party shall be subject to the limitation set forth in
paragraph (c) above and (iii) a Subsidiary shall not Guarantee
the Indebtedness of any Loan Party unless such Subsidiary has also Guaranteed
the Obligations pursuant to the Guarantee and Collateral Agreement;

 

(f)            Permitted
Acquisitions (including any related Investment in any Subsidiary in order to
provide all or any portion of (but not more than) the Consideration for such
Permitted Acquisition);

 

(g)           Guarantees
by the Parent Borrower and any of its Subsidiaries of any Contractual
Obligations (not constituting Indebtedness) of the Parent Borrower or any
Subsidiary;

 

(h)           intercompany
Investments in any Wholly Owned Subsidiary created by the Parent Borrower or
any of its Subsidiaries in connection with any corporate restructuring; provided
that (i) such newly-created Subsidiary is, or contemporaneously with the
consummation of such restructuring becomes, a Wholly Owned Subsidiary
Guarantor, (ii) all property transferred to such newly-created Subsidiary
that constituted Collateral shall continue to constitute Collateral as to which
the Administrative Agent has a first priority perfected security interest,
subject to Permitted Encumbrances, and (iii) contemporaneously with the
consummation of such restructuring (A) the Capital Stock (and, after the
occurrence of the Ratings Event, the assets) of such newly-created Subsidiary
are pledged under the relevant Security Documents (except to the extent that
any of the foregoing would not otherwise be required pursuant to Section 5.11
to be so pledged on the next succeeding Collateral Date) and (B) the
Parent Borrower takes, and causes the relevant Subsidiary to take, such actions
as shall be necessary or reasonably requested by the Administrative Agent to
grant and perfect such Liens, including actions described in Section 5.12,
all at the expense of the Loan Parties;

 

(i)            Investments
in the Emerson JV as at the Effective Date and additional Investments in the
Emerson JV in an aggregate amount from the Effective Date through and including
the date of such Investment not to exceed $75,000,000;

 

(j)            Investments
financed with Capital Stock of the Parent Borrower (or the net proceeds of the
issuance of Capital Stock of the Parent Borrower); provided that (i) the
Parent Borrower shall be in compliance, on a pro  forma basis
after giving effect to such Investment, with the covenants contained in Section 6.1,
in each case recomputed as at the last day of the most recently ended fiscal
quarter of the Parent Borrower for which the relevant information is available
as if such Investment had occurred on the first day of each relevant period for
testing such compliance (as demonstrated, in the case of any Investment for
which the aggregate cost is greater than or equal to $100,000,000, in a
certificate of a Financial Officer delivered to the Administrative Agent prior
to the consummation of such Investment) and (ii) no Default or Event of
Default shall occur after giving effect to such Investment;

 

(k)           Investments
comprised of capital contributions (whether in the form of cash, a note or
other assets) to a Receivables Entity or otherwise resulting from transfers of
assets permitted by Section 6.6(c);

 

(l)            Investments
comprised of non-cash consideration received by the Parent Borrower or any
Subsidiary in connection with any Disposition permitted by Section 6.6(d) or
(e); provided that such non-cash consideration received in
connection with any Disposition permitted by Section 6.6(d) or
(e) either (i) constitutes not more than 25% of the aggregate
consideration received in connection with such Disposition or (ii) is
comprised of securities, notes

 

95

 

or other obligations that are converted, sold
or exchanged within 90 days of receipt thereof by the Parent Borrower or such
Subsidiary into cash;

 

(m)          (i) Guarantees
by the Parent Borrower and any of its Subsidiaries of the Chinese Loan Facility
permitted by Section 6.2(o) and (ii) Guarantees in the
form of Foreign Credit Instruments or Joint Signature Foreign Credit
Instruments caused to be issued by the Parent Borrower or any Foreign
Subsidiary Borrower pursuant to Section 2.6 to support the
Indebtedness of SPX Corporation (China) Co., Ltd. or any other Chinese
Subsidiary permitted by Section 6.2(q); and

 

(n)            other Investments, so long as, after giving effect to any such
Investment, the aggregate amount of Investments made pursuant to this paragraph
(n) at any one time outstanding shall not exceed $500,000,000.

 

The outstanding amount of any Investment shall be
equal to the sum of (x) the original cost of such Investment, plus (y) the
cost of all additions thereto, minus (z) any cash proceeds from the
disposition of or other cash distributions on such Investment, without any
adjustments for increases or decreases in value or write-ups, write-downs or
write-offs with respect to such Investment; provided that the amount of
any Investment shall not be less than zero.

 

Section 6.6.            Disposition of Assets.

 

The Parent Borrower will not, and will not permit any
of its Subsidiaries to, Dispose of any asset, including any Capital Stock owned
by it (other than Capital Stock of the Parent Borrower held in treasury by the
Parent Borrower), nor will the Parent Borrower permit any of it Subsidiaries to
issue any additional Capital Stock of such Subsidiary, except:

 

(a)           (i) sales
of inventory, obsolete or worn out equipment and Permitted Investments and (ii) leases
or licenses of real or personal property, in each case in the ordinary course
of business;

 

(b)           Dispositions
to the Parent Borrower or a Subsidiary; provided that any such
Dispositions by a Loan Party to a Subsidiary that is not a Loan Party shall be
made in compliance with Section 6.5;

 

(c)           sales
of Receivables and related assets or an interest therein of the type specified
in the definition of “Qualified Receivables Transaction” pursuant to a
Qualified Receivables Transaction; provided that (i) each such
transaction shall be a Qualified Receivables Transaction, as agreed by the
Administrative Agent acting reasonably, and (ii) the aggregate amount of Receivables
Transaction Attributed Indebtedness at any time outstanding in respect of all
such Qualified Receivables Transactions shall not exceed $300,000,000;

 

(d)           Dispositions
of assets that are not permitted by any other paragraph of this Section; provided
that (i) the aggregate gross proceeds (including any non-cash proceeds,
determined on the basis of face amount in the case of notes or similar
consideration and on the basis of fair market value in the case of other
non-cash proceeds) of all assets Disposed of in reliance upon this
paragraph (d) shall not exceed, 15% of the Total Consolidated Assets
in any fiscal year of the Parent Borrower and (ii) all Dispositions
permitted by this paragraph (d) shall be made for fair value and for
at least 75% cash consideration; and

 

96

 

(e)           Dispositions
by the Parent Borrower of all or any portion of its interest in the Emerson JV.

 

For purposes of paragraph (d) of this Section 6.6,

 

(i)            the
following will be deemed to be cash:

 

(A)          the assumption by the transferee of Indebtedness (other than
subordinated Indebtedness or preferred stock) of the Parent Borrower or of any
Subsidiary (in which case, the Parent or such Subsidiary will, without further
action, be deemed to have applied such deemed cash to Indebtedness in
accordance with clause (b)(ii) of the definition of “Net Proceeds”; provided
that the amount of assumed Indebtedness that is deemed to be cash shall not
exceed $200,000,000 in the aggregate from and after the Effective Date;

 

(B)           securities, notes or other obligations received by the Parent Borrower
or any Subsidiary from the transferee that are converted, sold or exchanged
within 90 days of receipt thereof by the Parent Borrower or such Subsidiary
into cash (to the extent of the cash received in such conversion, sale or
exchange); and

 

(C)           in the case of any particular Disposition, promissory notes received by
the Parent Borrower or any Subsidiary from the transferee having an aggregate
principal amount not to exceed $10,000,000; and

 

(ii)           in the case of a Disposition consisting of an Asset Swap, the Parent
Borrower or such Subsidiary shall only be required to receive cash in an amount
equal to at least 75% of the proceeds of such Disposition which are not part of
the Asset Swap, provided that at the time of such Asset Swap, after
giving effect thereto, the aggregate fair value (as determined at the time of
such related Asset Swap and not subject to later revaluation) of the assets of
the Parent Borrower and its Subsidiaries that are the subject of all such Asset
Swaps from and after the Effective Date shall not exceed an amount equal to 15%
of the Total Consolidated Assets.

 

Section 6.7.            Sale and Leaseback
Transactions.

 

The Parent Borrower will not, and will not permit any
Subsidiary to, enter into any arrangement (each, a “Sale/Leaseback
Transaction”) providing for the leasing to the Parent Borrower or any
Subsidiary of real or personal property that has been or is to be (a) sold
or transferred by the Parent Borrower or any Subsidiary or (b) constructed
or acquired by a third party in anticipation of a program of leasing to the
Parent Borrower or any Subsidiary, in each case unless the Attributable Debt
resulting therefrom is permitted by Section 6.2(d) or Section 6.2(g).

 

Section 6.8.            Restricted Payments.

 

The Parent Borrower will not, and will not permit any
Subsidiary to, declare or make, or agree to pay or make, directly or
indirectly, any Restricted Payment, or Incur any obligation (contingent or
otherwise) to do so, except:

 

97

 

(a)           the
Parent Borrower may (i) declare and pay dividends with respect to its
Capital Stock payable solely in shares of its Capital Stock or (ii) make
other distributions or payments payable solely in shares of its Capital Stock;

 

(b)           any
Wholly Owned Subsidiary may declare and pay Restricted Payments to its
immediate parent;

 

(c)           any
non-Wholly Owned Subsidiary may declare and pay Restricted Payments ratably
with respect to its Capital Stock;

 

(d)           the
Parent Borrower may make Restricted Payments, not exceeding $10,000,000 during
any fiscal year, pursuant to and in accordance with stock option plans or other
benefit plans or contracts for management or employees of the Parent Borrower
and its Subsidiaries;

 

(e)           the
Parent Borrower may repurchase its Capital Stock and may declare and pay cash
dividends to the holders of its Capital Stock; provided that if the
Consolidated Leverage Ratio, on a pro  forma basis immediately
after giving effect to such repurchase or dividend declaration (with the
reference period for Consolidated EBITDA being the most recent period of four
consecutive fiscal quarters for which the relevant financial information has
been delivered pursuant to Section 5.1(a) or (b) and
with Consolidated Total Debt being calculated without netting cash and cash
equivalents), as applicable, is

 

(i)            greater than or equal to 2.50 to 1.00, the aggregate amount of such
repurchases and dividend declarations pursuant to this Section 6.8(e)(i) shall
not exceed (A) $100,000,000 in any fiscal year plus (B) an
additional amount for all such repurchases and dividend declarations made after
the Effective Date that is equal to the sum of (I) $300,000,000 and (II) a
positive amount equal to 50% of cumulative Consolidated Net Income during the
period from July 1, 2007 to the end of the most recent fiscal quarter for
which financial information is available preceding the date of such repurchase
or dividend declaration (or, in case such Consolidated Net Income is a deficit,
minus 100% of such deficit), and

 

(ii)           less than 2.50 to 1.00, the aggregate amount of such repurchases and
dividend declarations pursuant to this Section 6.8(e)(ii) shall
be unlimited; and

 

provided  further that any such cash dividends shall be paid within 60
days after the date of declaration thereof; and

 

(f)            the
Parent Borrower or any Subsidiary may make Restricted Payments to the extent
required by the terms of its joint venture or similar agreements relating to
non-Wholly Owned Subsidiaries; provided that no such Restricted Payment
shall be permitted by this clause (f) unless any Investment made in
connection therewith is also expressly permitted by Section 6.5.

 

Section 6.9.            Payments of Certain
Indebtedness; Certain Derivative Transactions.

 

The Parent Borrower will not, nor will it permit any
Subsidiary to:

 

(a)           make
or agree or offer to pay or make, directly or indirectly, any payment or other
distribution (whether in cash, securities or other property) of or in respect
of principal of or interest on any Subordinated Debt, or any payment or other
distribution (whether in cash,

 

98

 

securities or other property), including any sinking
fund or similar deposit, on account of the purchase, redemption, retirement,
acquisition, cancellation or termination of any Subordinated Debt, except (i) extensions,
renewals, replacements or exchanges of any Subordinated Debt permitted by Section 6.2(b),
(ii) the payment of regularly scheduled interest and principal payments as
and when due in respect of any Subordinated Debt and (iii) any purchase or
other acquisition of any Subordinated Debt (A) made in consideration for
(or with the proceeds of) the issuance of common stock of the Parent Borrower
or (B) if the Consolidated Leverage Ratio for the most recent period of
four consecutive fiscal quarters for which financial statements have been
delivered pursuant to Section 5.1(a) or (b) is
less than 2.50 to 1.00, other than, in each of clauses (ii) and (iii), any
such payments, purchases or other acquisitions of the Subordinated Debt
prohibited by the subordination provisions thereof; or

 

(b)           enter
into any derivative transaction or similar transaction obligating the Parent
Borrower or any of its Subsidiaries to make payments to any other Person as a
result of a change in market value of any Subordinated Debt.

 

Section 6.10.          Transactions with Affiliates.

 

The Parent Borrower will not, and will not permit any
Subsidiary to, sell, lease or otherwise transfer any property or assets to, or
purchase, lease or otherwise acquire any property or assets from, or otherwise
engage in any other transactions with, any of its Affiliates, except:

 

(a)           transactions
that are at prices and on terms and conditions, taken as a whole, not less
favorable to the Parent Borrower or such Subsidiary than could be obtained on
an arm’s-length basis from unrelated third parties;

 

(b)           transactions
between or among the Parent Borrower and the Subsidiaries (other than a
Receivables Entity) not involving any other Affiliate;

 

(c)           any
Restricted Payment permitted by Section 6.8;

 

(d)           any
Qualified Receivables Transaction expressly permitted by Section 6.6(c);
and

 

(e)           any
other transaction expressly permitted by Section 6.5.

 

Section 6.11.          Restrictive Agreements.

 

The Parent Borrower will not, and will not
permit any Foreign Subsidiary Borrower or any Wholly Owned Subsidiary Guarantor
to enter into, Incur or permit to exist any agreement or other arrangement that
prohibits, restricts or imposes any condition upon (a) the ability of the
Parent Borrower or any Subsidiary to create, Incur or permit to exist any Lien
upon any of its property, (b) the ability of any Subsidiary to pay
dividends or other distributions with respect to any shares of its capital
stock or to make or repay loans or advances to the Parent Borrower or any other
Subsidiary or to Guarantee Indebtedness of the Parent Borrower or any other
Subsidiary or (c) the ability of any Subsidiary to transfer any of its
assets to the Parent Borrower or any other Subsidiary; provided that:

 

(i)            the
foregoing shall not apply to restrictions and conditions imposed by law,
Permitted Encumbrances, any Loan Document, the Senior Note Indenture, any
Subordinated Debt Document or any Other Permitted Debt Document; provided
that such restrictions and conditions shall not restrict any Loan Party from
complying with the requirements of Section 5.11(b) (without
giving effect to clause (i)(C) thereof);

 

99

 

(ii)           the
foregoing shall not apply to restrictions and conditions existing on the
Effective Date identified on Schedule 6.11 (but shall apply to any
amendment or modification expanding the scope of any such restriction or
condition);

 

(iii)          the
foregoing shall not apply to restrictions and conditions contained in
agreements relating to the sale of a Subsidiary or assets pending such sale; provided
such restrictions and conditions apply only to the Subsidiary that is (or the
assets that are) to be sold and such sale is permitted hereunder;

 

(iv)          the
foregoing shall not apply to restrictions or conditions imposed by any
agreement relating to a Qualified Receivables Transaction permitted by this
Agreement if such restrictions or conditions apply only to the relevant
Receivables Entity;

 

(v)           clauses (a) and
(c) above shall not apply to restrictions and conditions contained in
documentation relating to a Subsidiary acquired in a Permitted Acquisition; provided
that such restriction or condition (x) existed at the time such Person
became a Subsidiary, (y) was not created in contemplation of or in
connection with such Person becoming a Subsidiary and (z) applies only to
such Subsidiary;

 

(vi)          the
foregoing shall not apply to restrictions or conditions imposed by any agreement
relating to (A) secured Indebtedness permitted by this Agreement if such
restrictions or conditions apply only to the property or assets securing such
Indebtedness or (B) Indebtedness of a Foreign Subsidiary that is not a
Loan Party permitted by this Agreement if such restrictions or conditions apply
only to such Foreign Subsidiary and its Subsidiaries that are not Loan Parties;

 

(vii)         clauses (a) and
(c) above shall not apply to customary provisions in leases and other
contracts restricting the assignment thereof; and

 

(viii)        the
foregoing shall not apply to customary provisions in purchase money obligations
for property acquired in the ordinary course of business, Capital Leases
Obligations, industrial revenue bonds or operating leases that impose
encumbrances or restrictions on the property so acquired or covered thereby,
restrictions on cash or other deposits or net worth required by customers under
contracts entered into in the ordinary course of business and joint venture
agreements or other similar arrangements if such provisions apply only to the
Person (and the equity interests in such Person) that is the subject thereof.

 

Section 6.12.          Amendment of Material
Documents, etc.

 

The Parent Borrower will not, and will not permit any
Subsidiary to, (a) amend, modify, supplement or waive in any respect that
is material and adverse to the Lenders any of its rights under any Subordinated
Debt Document (it being understood, however, that any amendment to provide
Guarantees in respect of any Subordinated Debt, which Guarantees are permitted
by this Agreement, would not constitute such an amendment) or (b) designate
any Indebtedness (other than obligations of the Loan Parties pursuant to the
Loan Documents) as “Designated Senior Indebtedness” (or any comparable concept)
that controls payment blockages for the purposes of any Subordinated Debt
Documents.

 

100

 

ARTICLE VII

 

EVENTS OF DEFAULT

 

If any of the following events (“Events of Default”)
shall occur:

 

(a)           any
Borrower shall fail to pay any principal of any Loan or any reimbursement
obligation in respect of any LC Disbursement or Foreign Credit Disbursement
when and as the same shall become due and payable, whether at the due date
thereof or at a date fixed for prepayment thereof or otherwise;

 

(b)           any
Borrower shall fail to pay any interest (or premium, if any) on any Loan or any
fee or any other amount (other than an amount referred to in paragraph (a) of
this Article) payable under this Agreement or any other Loan Document, when and
as the same shall become due and payable, and such failure shall continue
unremedied for a period of five days;

 

(c)           any
representation or warranty made or deemed made by or on behalf of the Parent
Borrower or any Subsidiary in or in connection with any Loan Document or any
amendment or modification thereof or waiver thereunder, or in any report,
certificate, financial statement or other document furnished pursuant to or in
connection with any Loan Document or any amendment or modification thereof or
waiver thereunder, shall prove to have been materially incorrect when made or
deemed made;

 

(d)           the
Parent Borrower shall fail to observe or perform any covenant, condition or
agreement contained in Section 5.2, 5.4 (with respect to the
existence of any Borrower) or 5.10 or in Article VI;

 

(e)           any
Loan Party shall fail to observe or perform any covenant, condition or
agreement contained in any Loan Document (other than those specified in
paragraph (a), (b) or (d) of this Article), and such failure
shall continue unremedied for a period of 30 days after notice thereof to the
Parent Borrower from the Administrative Agent or the Required Lenders;

 

(f)            the
Parent Borrower or any Subsidiary shall fail to make any payment (whether of
principal or interest and regardless of amount) in respect of any Material
Indebtedness, after the passage of any cure period provided in such
Indebtedness;

 

(g)           (i) any
event or condition occurs that results in any Material Indebtedness becoming
due prior to its scheduled maturity or that enables or permits (with the giving
of notice, if required) the holder or holders of any Material Indebtedness or
any trustee or agent on its or their behalf to cause any Material Indebtedness
to become due, or to require the prepayment, repurchase, redemption or
defeasance thereof, prior to its scheduled maturity (including, in any event,
an “Event of Default” under and as defined in the Senior Note Indenture, any
Subordinated Debt Documents or any Other Permitted Debt Documents) but
excluding, in any event, after the Term Loans have been paid in full, any
mandatory repurchases of the Senior Notes (and any other Indebtedness that
ranks  pari passu in
right of payment to the Obligations) made in accordance with the Senior Note
Indenture or any Other Permitted Debt Document with “Excess Proceeds” from any “Asset
Disposition” pursuant to a required “Asset Disposition Offer” (as each such
term was defined in the Senior Note Indenture when the Senior Notes were
initially issued) (or any comparable concept in any Other Permitted Debt
Document), or (ii) any event or condition occurs that results in (A) an
automatic termination, wind-down or comparable event with respect to any Qualified Receivables Transaction or (B) permits a notice of termination,
a notice of wind-down, a

 

101

 

notice of acceleration or any comparable notice to be
given under any such Qualified Receivables Transaction prior to the scheduled
termination, wind-down, maturity or comparable event; provided that an
event or condition described in clause (ii) of this paragraph (g) shall
not at any time constitute an Event of Default unless, at such time, one or
more events or conditions of the type described in clauses (i) and (ii) of
this paragraph (g) shall have occurred and be continuing with respect
to Indebtedness, obligations in respect of Hedging Agreements and/or Qualified
Receivables Transactions in an aggregate outstanding amount exceeding
$75,000,000;

 

(h)                                 an involuntary proceeding shall be commenced or an involuntary petition
shall be filed seeking (i) liquidation, reorganization or other relief in
respect of the Parent Borrower or any Subsidiary or its debts, or of a
substantial part of its assets, under any Federal, state or foreign bankruptcy,
insolvency, receivership or similar law now or hereafter in effect or (ii) the
appointment of a receiver, trustee, custodian, sequestrator, conservator or
similar official for the Parent Borrower or any Subsidiary or for a substantial
part of its assets, and, in any such case, such proceeding or petition shall
continue undismissed for 60 days or an order or decree approving or ordering
any of the foregoing shall be entered;

 

(i)                                     the Parent Borrower or any Subsidiary shall (i) voluntarily
commence any proceeding or file any petition seeking liquidation,
reorganization or other relief under any Federal, state or foreign bankruptcy,
insolvency, receivership or similar law now or hereafter in effect, (ii) consent
to the institution of, or fail to contest in a timely and appropriate manner,
any proceeding or petition described in paragraph (h) of this
Article, (iii) apply for or consent to the appointment of a receiver,
trustee, custodian, sequestrator, conservator or similar official for the
Parent Borrower or any Subsidiary or for a substantial part of its assets, (iv) file
an answer admitting the material allegations of a petition filed against it in
any such proceeding, (v) make a general assignment for the benefit of
creditors or (vi) take any action for the purpose of effecting any of the
foregoing;

 

(j)                                     the Parent Borrower or any Subsidiary shall become unable, admit in
writing its inability or fail generally to pay its debts as they become due;

 

(k)                                  one or more judgments for the payment of money in an aggregate amount
in excess of $50,000,000 shall be rendered against the Parent Borrower, any
Subsidiary or any combination thereof and the same shall remain undischarged
for a period of 60 consecutive days during which execution shall not be
effectively stayed, or any action shall be legally taken by a judgment creditor
to attach or levy upon any assets of the Parent Borrower or any Subsidiary to
enforce any such judgment;

 

(l)                                     an ERISA Event shall have occurred that, in the opinion of the Required
Lenders, when taken together with all other ERISA Events that have occurred, could
reasonably be expected to have a Material Adverse Effect;

 

(m)                               the guarantee contained in Section 2 of the Guarantee and
Collateral Agreement shall cease, for any reason, to be in full force and
effect or any Loan Party or any Affiliate of any Loan Party shall so assert;

 

(n)                                 any Lien purported to be created under any Security Document shall
cease to be, or shall be asserted by any Loan Party or any Affiliate of any
Loan Party not to be, a valid and perfected Lien on any Collateral (other than
immaterial Collateral), with the priority required by the applicable Security
Document;

 

102

 

(o)                                 the Subordinated Debt or any Guarantees thereof shall cease, for any
reason, to be validly subordinated to the Obligations or the obligations of the
Subsidiary Guarantors under the Guarantee and Collateral Agreement, as the case
may be, as provided in the Subordinated Debt Documents, or any Loan Party, any
Affiliate of any Loan Party, the trustee in respect of the Subordinated Debt or
the holders of at least 25% in aggregate principal amount of the Subordinated
Debt shall so assert; or

 

(p)                                 a Change of Control shall occur;

 

then, and in every such event (other than an event
with respect to any Borrower described in paragraph (h) or (i) of
this Article), and at any time thereafter during the continuance of such event,
the Administrative Agent may, and at the request of the Required Lenders shall,
by notice to the Parent Borrower, take either or both of the following actions,
at the same or different times: (i) terminate the Commitments, and
thereupon the Commitments shall terminate immediately, and (ii) declare
the Loans then outstanding to be due and payable in whole (or in part, in which
case any principal not so declared to be due and payable may thereafter be
declared to be due and payable), and thereupon the principal of the Loans so
declared to be due and payable, together with accrued interest (and premium, if
any) thereon and all fees and other obligations of the Borrowers accrued
hereunder, shall become due and payable immediately, without presentment,
demand, protest or other notice of any kind, all of which are hereby waived by
each Borrower; and in case of any event with respect to any Borrower described
in paragraph (h) or (i) of this Article, the Commitments shall
automatically terminate and the principal of the Loans then outstanding,
together with accrued interest (and premium, if any) thereon and all fees and
other obligations of the Borrowers accrued hereunder, shall automatically
become due and payable, without presentment, demand, protest or other notice of
any kind, all of which are hereby waived by each Borrower.

 

ARTICLE VIII

 

THE AGENTS

 

Section 8.1.                                   Appointment and
Authority.

 

(a)                                  Each of the
Lenders and the Issuing Lenders hereby irrevocably appoints Bank of America to
act on its behalf as the Administrative Agent hereunder and under the other
Loan Documents and authorizes the Administrative Agent to take such actions on
its behalf and to exercise such powers as are delegated to the Administrative
Agent by the terms hereof or thereof, together with such actions and powers as
are reasonably incidental thereto.

 

(b)                                 Each of the
Lenders and the Foreign Issuing Lenders hereby irrevocably appoints Deutsche
Bank to act on its behalf as the Foreign Trade Facility Agent hereunder and
under the other Loan Documents and authorizes the Foreign Trade Facility Agent
to take such actions on its behalf and to exercise such powers as are delegated
to Foreign Trade Facility Agent by the terms hereof or thereof, together with
such actions and powers as are reasonably incidental thereto.

 

(c)                                  The provisions
of this Article are solely for the benefit of the Agents, the Lenders and
the Issuing Lenders, and neither the Parent Borrower nor any other Loan Party
shall have rights as a third party beneficiary of any of such provisions.

 

103

 

Section 8.2.                                   Rights as a
Lender.

 

(a)                                  The Person
serving as the Administrative Agent hereunder shall have the same rights and
powers in its capacity as a Lender as any other Lender and may exercise the
same as though it were not the Administrative Agent and the term “Lender” or “Lenders”
shall, unless otherwise expressly indicated or unless the context otherwise
requires, include the Person serving as the Administrative Agent hereunder in
its individual capacity.  Such Person and
its Affiliates may accept deposits from, lend money to, act as the financial advisor
or in any other advisory capacity for and generally engage in any kind of
business with the Parent Borrower or any Subsidiary or other Affiliate thereof
as if such Person were not the Administrative Agent hereunder and without any
duty to account therefor to the Lenders.

 

(b)                                 The Person serving
as the Foreign Trade Facility Agent hereunder shall have the same rights and
powers in its capacity as a Lender as any other Lender and may exercise the
same as though it were not the Foreign Trade Facility Agent and the term “Lender”
or “Lenders” shall, unless otherwise expressly indicated or unless the context
otherwise requires, include the Person serving as the Foreign Trade Facility
Agent hereunder in its individual capacity. 
Such Person and its Affiliates may accept deposits from, lend money to,
act as the financial advisor or in any other advisory capacity for and
generally engage in any kind of business with the Parent Borrower or any
Subsidiary or other Affiliate thereof as if such Person were not the Foreign
Trade Facility Agent hereunder and without any duty to account therefor to the
Lenders.

 

Section 8.3.                                   Exculpatory
Provisions.

 

Neither
the Administrative Agent nor the Foreign Trade Facility Agent shall have any
duties or obligations except those expressly set forth herein and in the other
Loan Documents.  Without limiting the
generality of the foregoing, neither the Administrative Agent nor the Foreign
Trade Facility Agent:

 

(a)                                  shall be
subject to any fiduciary or other implied duties, regardless of whether a
Default has occurred and is continuing;

 

(b)                                 shall have any
duty to take any discretionary action or exercise any discretionary powers,
except discretionary rights and powers expressly contemplated hereby or by the
other Loan Documents that the Administrative Agent or the Foreign Trade
Facility Agent, as applicable, is required to exercise as directed in writing
by the Required Lenders (or such other number or percentage of the Lenders as
shall be expressly provided for herein or in the other Loan Documents); provided
that neither the Administrative Agent nor the Foreign Trade Facility Agent
shall be required to take any action that, in its opinion or the opinion of its
counsel, may expose the applicable Agent to liability or that is contrary to
any Loan Document or applicable law; and

 

(c)                                  shall, except
as expressly set forth herein and in the other Loan Documents, have any duty to
disclose, and shall not be liable for the failure to disclose, any information
relating to the Parent Borrower or any of its Affiliates that is communicated
to or obtained by the Person serving as the applicable Agent or any of its
Affiliates in any capacity.

 

Neither
the Administrative Agent nor the Foreign Trade Facility Agent shall be liable
for any action taken or not taken by it (i) with the consent or at the
request of the Required Lenders (or such other number or percentage of the
Lenders as shall be necessary, or as such Agent shall believe in good faith
shall be necessary, under the circumstances as provided in Section 9.2)
or (ii) in the absence of its own gross negligence or willful
misconduct.  The Agents shall be deemed
not to have knowledge of any Default unless and until written notice thereof is
given to the Agents by the Parent Borrower or a Lender.

 

104

 

The
Agents shall not be responsible for or have any duty to ascertain or inquire
into (i) any statement, warranty or representation made in or in
connection with this Agreement or any other Loan Document, (ii) the
contents of any certificate, report or other document delivered hereunder or
thereunder or in connection herewith or therewith, (iii) the performance
or observance of any of the covenants, agreements or other terms or conditions
set forth herein or therein or the occurrence of any Default, (iv) the
validity, enforceability, effectiveness or genuineness of this Agreement, any
other Loan Document or any other agreement, instrument or document or (v) the
satisfaction of any condition set forth in Article IV or elsewhere
herein, other than to confirm receipt of items expressly required to be
delivered to the applicable Agent.

 

Section 8.4.                                   Reliance by the
Agents.

 

(a)                                  The
Administrative Agent shall be entitled to rely upon, and shall not incur any
liability for relying upon, any notice, request, certificate, consent,
statement, instrument, document or other writing (including any electronic
message, Internet or intranet website posting or other distribution) believed
by it to be genuine and to have been signed, sent or otherwise authenticated by
the proper Person.  The Administrative
Agent also may rely upon any statement made to it orally or by telephone and
believed by it to have been made by the proper Person, and shall not incur any
liability for relying thereon.  In
determining compliance with any condition hereunder to the making of a Loan, or
the issuance, amendment, renewal or extension of a Letter of Credit, that by
its terms must be fulfilled to the satisfaction of a Lender or any Issuing
Lender, the Administrative Agent may presume that such condition is
satisfactory to such Lender or any Issuing Lender unless the Administrative
Agent shall have received notice to the contrary from such Lender or such
Issuing Lender prior to the making of such Loan or the issuance of such Letter
of Credit.  The Administrative Agent may
consult with legal counsel (who may be counsel for the Loan Parties),
independent accountants and other experts selected by it, and shall not be
liable for any action taken or not taken by it in accordance with the advice of
any such counsel, accountants or experts.

 

(b)                                 The Foreign
Trade Facility Agent shall be entitled to rely upon, and shall not incur any
liability for relying upon, any notice, request, certificate, consent,
statement, instrument, document or other writing (including any electronic
message, Internet or intranet website posting or other distribution) believed
by it to be genuine and to have been signed, sent or otherwise authenticated by
the proper Person.  The Foreign Trade
Facility Agent also may rely upon any statement made to it orally or by
telephone and believed by it to have been made by the proper Person, and shall
not incur any liability for relying thereon. 
In determining compliance with any condition hereunder to the issuance,
amendment, renewal or extension of any Foreign Credit Instrument, that by its
terms must be fulfilled to the satisfaction of a Lender or any Foreign Issuing
Lender, the Foreign Trade Facility Agent may presume that such condition is
satisfactory to such Lender or any Foreign Issuing Lender unless the Foreign
Trade Facility Agent shall have received notice to the contrary from such
Lender or such Foreign Issuing Lender prior to the issuance of such Foreign
Credit Instrument.  The Foreign Trade
Facility Agent may consult with legal counsel (who may be counsel for the Loan
Parties), independent accountants and other experts selected by it, and shall
not be liable for any action taken or not taken by it in accordance with the
advice of any such counsel, accountants or experts.

 

Section 8.5.                                   Delegation of
Duties.

 

(a)                                  The
Administrative Agent may perform any and all of its duties and exercise its
rights and powers hereunder or under any other Loan Document by or through any
one or more sub-agents appointed by the Administrative Agent.  The Administrative Agent and any such
sub-agent may perform any and all of its duties and exercise its rights and
powers by or through their respective Related Parties.

 

105

 

The
exculpatory provisions of this Article shall apply to any such sub-agent
and to the Related Parties of the Administrative Agent and any such sub-agent,
and shall apply to their respective activities in connection with the
syndication of the credit facilities provided for herein as well as activities
as Administrative Agent.

 

(b)                                 The Foreign
Trade Facility Agent may perform any and all of its duties and exercise its
rights and powers hereunder or under any other Loan Document by or through any
one or more sub-agents appointed by the Foreign Trade Facility Agent.  The Foreign Trade Facility Agent and any such
sub-agent may perform any and all of its duties and exercise its rights and
powers by or through their respective Related Parties.  The exculpatory provisions of this Article shall
apply to any such sub-agent and to the Related Parties of the Foreign Trade
Facility Agent and any such sub-agent, and shall apply to their respective
activities in connection with the syndication of the credit facilities provided
for herein as well as activities as Foreign Trade Facility Agent.

 

Section 8.6.                                   Resignation of
Agents.

 

(a)                                  Resignation of
Administrative Agent.  (i) The
Administrative Agent may at any time give notice of its resignation to the
Foreign Trade Facility Agent, the Lenders, the Issuing Lenders and the Parent
Borrower.  Upon receipt of any such
notice of resignation, the Required Lenders shall have the right, subject to
the consent of the Parent Borrower (such consent not to be unreasonably withheld),
to appoint a successor, which shall be a bank with an office in the United
States, or an Affiliate of any such bank with an office in the United
States.  If no such successor shall have
been so appointed by the Required Lenders and shall have accepted such
appointment within 30 days after the retiring Administrative Agent gives
notice of its resignation, then the retiring Administrative Agent may on behalf
of the Lenders and the Issuing Lenders, appoint a successor Administrative
Agent meeting the qualifications set forth above; provided that if the
Administrative Agent shall notify the Parent Borrower and the Lenders that no
qualifying Person has accepted such appointment, then such resignation shall
nonetheless become effective in accordance with such notice and (1) the
retiring Administrative Agent shall be discharged from its duties and
obligations hereunder and under the other Loan Documents and (2) all
payments, communications and determinations provided to be made by, to or
through the Administrative Agent shall instead be made by or to each Lender and
the Issuing Lenders directly, until such time as the Required Lenders appoint a
successor Administrative Agent as provided for above in this Section.  Upon the acceptance of a successor’s
appointment as Administrative Agent hereunder, such successor shall succeed to
and become vested with all of the rights, powers, privileges and duties of the
retiring (or retired) Administrative Agent, and the retiring Administrative
Agent shall be discharged from all of its duties and obligations hereunder or
under the other Loan Documents (if not already discharged therefrom as provided
above in this Section).  The fees payable
by the Parent Borrower to a successor Administrative Agent shall be the same as
those payable to its predecessor unless otherwise agreed between the Parent
Borrower and such successor.  After the
retiring Administrative Agent’s resignation hereunder and under the other Loan
Documents, the provisions of this Article and Section 9.3
shall continue in effect for the benefit of such retiring Administrative Agent,
its sub-agents and their respective Related Parties in respect of any actions
taken or omitted to be taken by any of them while the retiring Administrative
Agent was acting as Administrative Agent.

 

(ii)                                  Any resignation
by Bank of America as Administrative Agent pursuant to this Section shall
also constitute its resignation as Issuing Lender and Swingline Lender.  Upon the acceptance of a successor’s
appointment as Administrative Agent hereunder, (A) such successor shall
succeed to and become vested with all of the rights, powers, privileges and
duties of the retiring Issuing Lender and Swingline Lender, (B) the
retiring Issuing Lender and Swingline Lender shall be discharged from all of
their respective duties and obligations hereunder or under the other Loan
Documents, and (C) the successor Issuing Lender shall issue letters of
credit in substitution for the Letters of Credit, if any,

 

106

 

outstanding
at the time of such succession or make other arrangements satisfactory to the
retiring Issuing Lender to effectively assume the obligations of the retiring
Issuing Lender with respect to such Letters of Credit.

 

(b)                                 Resignation of
Foreign Trade Facility Agent.  The Foreign Trade Facility Agent may at any
time give notice of its resignation to the Administrative Agent, the Foreign
Issuing Lenders, the Lenders with Foreign Credit Commitments and the Parent
Borrower.  Upon receipt of any such notice
of resignation, the Foreign Issuing Lenders and the Lenders with Foreign Credit
Commitments shall have the right, subject to the consent of the Parent Borrower
(such consent not to be unreasonably withheld), to appoint a successor.  If no such successor shall have been so
appointed by the Foreign Issuing Lenders and the Lenders with Foreign Credit
Commitments and shall have accepted such appointment within 30 days after
the retiring Foreign Trade Facility Agent gives notice of its resignation, then
the retiring Foreign Trade Facility Agent may on behalf of the Foreign Issuing
Lenders and the Lenders with Foreign Credit Commitments, appoint a successor
Foreign Trade Facility Agent meeting the qualifications set forth above; provided
that if the Foreign Trade Facility Agent shall notify the Parent Borrower and
the Lenders that no qualifying Person has accepted such appointment, then such
resignation shall nonetheless become effective in accordance with such notice
and (1) the retiring Foreign Trade Facility Agent shall be discharged from
its duties and obligations hereunder and under the other Loan Documents and (2) all
payments, communications and determinations provided to be made by, to or
through the Foreign Trade Facility Agent shall instead be made by or to each
Foreign Issuing Lender and each Lender with a Foreign Credit Commitment and the
Issuing Lenders directly, until such time as the Foreign Issuing Lenders and
the Lenders with Foreign Credit Commitments appoint a successor Foreign Trade
Facility Agent as provided for above in this Section.  Upon the acceptance of a successor’s
appointment as Foreign Trade Facility Agent hereunder, such successor shall
succeed to and become vested with all of the rights, powers, privileges and
duties of the retiring (or retired) Foreign Trade Facility Agent, and the
retiring Foreign Trade Facility Agent shall be discharged from all of its
duties and obligations hereunder or under the other Loan Documents (if not
already discharged therefrom as provided above in this Section).  The fees payable by the Parent Borrower to a
successor Foreign Trade Facility Agent shall be the same as those payable to
its predecessor unless otherwise agreed between the Parent Borrower and such
successor.  After the retiring Foreign
Trade Facility Agent’s resignation hereunder and under the other Loan
Documents, the provisions of this Article and Section 9.3
shall continue in effect for the benefit of such retiring Foreign Trade
Facility Agent, its sub-agents and their respective Related Parties in respect
of any actions taken or omitted to be taken by any of them while the retiring
Foreign Trade Facility Agent was acting as Foreign Trade Facility Agent.

 

Section 8.7.                                   Non-Reliance on
Agents and Other Lenders.

 

Each
Lender, each Foreign Issuing Lender and each Issuing Lender acknowledges that
it has, independently and without reliance upon any Agent or any other Lender
or any of their Related Parties and based on such documents and information as
it has deemed appropriate, made its own credit analysis and decision to enter
into this Agreement.  Each Lender, each
Foreign Issuing Lender and each Issuing Lender also acknowledges that it will,
independently and without reliance upon any Agent or any other Lender or any of
their respective affiliates and based on such documents and information as it
shall from time to time deem appropriate, continue to make its own decisions in
taking or not taking action under or based upon this Agreement, any other Loan
Document or any related agreement or any document furnished hereunder or
thereunder.

 

Section 8.8.                                   No Other
Duties; Etc.

 

Anything
herein to the contrary notwithstanding, none of the bookrunners, arrangers,
syndication agents, documentation agents or co-agents shall have any powers,
duties or responsibilities under this

 

107

 

Agreement
or any of the other Loan Documents, except in its capacity, as applicable, as
the Administrative Agent, the Foreign Trade Facility Agent, a Lender, an
Issuing Lender or a Foreign Issuing Lender hereunder.

 

Section 8.9.                                   Administrative
Agent May File Proofs of Claim.

 

In
case of the pendency of any proceeding under the Bankruptcy Code of the United States or any other judicial
proceeding relative to any Loan Party, the Administrative Agent (irrespective
of whether the principal of any Loan, Foreign Trade Exposure or LC Exposure
shall then be due and payable as herein expressed or by declaration or
otherwise and irrespective of whether the Administrative Agent shall have made
any demand on the Parent Borrower) shall be entitled and empowered, by
intervention in such proceeding or otherwise:

 

(a)                                  to file and
prove a claim for the whole amount of the principal and interest owing and
unpaid in respect of the Loans, Foreign Trade Exposure, LC Exposure and all
other Obligations (other than obligations under Hedging Agreements or Specified
Cash Management Agreements to which the Administrative Agent is not a party)
that are owing and unpaid and to file such other documents as may be necessary
or advisable in order to have the claims of the Lenders, the Foreign Issuing
Lenders, the Issuing Lenders and the Agents (including any claim for the
reasonable compensation, expenses, disbursements and advances of the Lenders,
the Foreign Issuing Lenders, the Issuing Lenders and the Agents and their
respective agents and counsel and all other amounts due the Lenders, the
Issuing Lenders and the Administrative Agent under Sections 2.4(i) and
(j), 2.10 and 9.3) allowed in such judicial proceeding;
and

 

(b)                                 to collect and
receive any monies or other property payable or deliverable on any such claims
and to distribute the same;

 

and
any custodian, receiver, assignee, trustee, liquidator, sequestrator or other
similar official in any such judicial proceeding is hereby authorized by each
Lender, each Agent, each Foreign Issuing Lender and each Issuing Lender to make
such payments to the Administrative Agent and, in the event that the
Administrative Agent shall consent to the making of such payments directly to
the Lenders, the Foreign Issuing Lenders and the Issuing Lenders, to pay to the
Administrative Agent any amount due for the reasonable compensation, expenses,
disbursements and advances of the Administrative Agent and its agents and
counsel, and any other amounts due the Administrative Agent under Sections
2.10 and 9.3.

 

Nothing
contained herein shall be deemed to authorize the Administrative Agent to
authorize or consent to or accept or adopt on behalf of the Foreign Trade
Facility Agent, any Lender, any Issuing Lender or any Foreign Issuing Lender
any plan of reorganization, arrangement, adjustment or composition affecting
the Obligations or the rights of any Lender or to authorize the Administrative
Agent to vote in respect of the claim of any Lender in any such proceeding.

 

Section 8.10.                             Collateral and
Guaranty Matters.

 

The Lenders, the Issuing Lenders, the Foreign
Issuing Lenders and the Foreign Trade Facility Agent irrevocably authorize the
Administrative Agent, at its option and in its discretion,

 

(a)                                  to release any
Lien on any Collateral granted to or held by the Administrative Agent under any
Loan Document (i) upon termination of the Domestic Revolving Commitments,
the Global Revolving Commitments, the Foreign Credit Commitments and the
Foreign Credit Instrument Issuing Commitments and payment in full of all
Obligations (other than contingent indemnification obligations) and the
expiration (without any pending drawing) or termination (or

 

108

 

cash collateralization or provision of other credit
support as contemplated by this Agreement) of all Letters of Credit, Foreign
Credit Instruments and Joint Signature Foreign Credit Instruments, (ii) that
is transferred or to be transferred as part of or in connection with any
Disposition permitted hereunder or under any other Loan Document or any
Involuntary Disposition, or (iii) as approved in accordance with Section 9.2;

 

(b)                                 to subordinate
any Lien on any property granted to or held by the Administrative Agent under
any Loan Document to the holder of any Lien on such property that is permitted
by Section 6.3(d), (e), (f), (j), (k) and
(l); and

 

(c)                                  to release any
Guarantor from its obligations under the Guarantee and Collateral Agreement if
such Person ceases to be a Subsidiary as a result of a transaction permitted
hereunder.

 

Upon request by the Administrative Agent at any
time, the Required Lenders will confirm in writing the Administrative Agent’s
authority to release or subordinate its interest in particular types or items
of property, or to release any Guarantor from its obligations under the
Guarantee and Collateral Agreement, pursuant to this Section 8.10.

 

ARTICLE IX

 

MISCELLANEOUS

 

Section 9.1.                                   Notices.

 

Except in the case of notices and other communications
expressly permitted to be given by telephone, all notices and other
communications provided for herein shall be in writing and shall be delivered
by hand or overnight courier service, mailed by certified or registered mail or
sent by telecopy, as follows:

 

(a)                                  if to the Parent Borrower, to it at 13515 Ballantyne Corporate Place,
Charlotte, North Carolina 28277, attention of Treasurer and Chief Financial
Officer (Telecopy No. 704-752-7487), and if to any Foreign Subsidiary
Borrower, to it at its address (or telecopy number) specified in the relevant
Borrowing Subsidiary Agreement with a copy to the Parent Borrower at its
address (or telecopy number) specified above;

 

(b)                                 if to the Administrative Agent, to Bank of America, N.A., Mail Code:
NC1-001-04-39, One Independence Center, 101 N. Tryon Street, Charlotte, North
Carolina 28255-0001, attention of Charlotte A. Conn (Telecopy No. 214-290-9653,
E-mail charlotte.a.conn@bankofamerica.com);

 

(c)                                  if to the Foreign Trade Facility Agent, to Deutsche Bank AG, Trade
Advisory, Königsallee 45-47, 40212 Düsseldorf, Germany, attention of Roland
Stephan or Irmgard Kleinsteinberg (Telecopy No. 49-211-883-9386;
E-mail: spx-ftf.agent@db.com); and

 

(d)                                 if to any other Lender, to it at its address (or telecopy number) set
forth in its Administrative Questionnaire.

 

Any party hereto may change its address or telecopy
number for notices and other communications hereunder by notice to the other
parties hereto.  All notices and other
communications given to any party

 

109

 

hereto in accordance with the provisions of this
Agreement shall be deemed to have been given on the date of receipt.  Notices and other communications to the
Lenders hereunder may be delivered or furnished by electronic communications
pursuant to procedures approved by the Administrative Agent; provided
that the foregoing shall not apply to notices pursuant to Section 2
unless otherwise agreed by the Administrative Agent and the applicable
Lender.  The Administrative Agent or any
Loan Party may, in its discretion, agree to accept notices and other
communications to it hereunder by electronic communications pursuant to
procedures approved by it; provided that approval of such procedures may
be limited to particular notices or communications.

 

THE
PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.”  THE AGENT PARTIES (AS DEFINED BELOW) DO NOT
WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY
OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS
FROM THE BORROWER MATERIALS.  NO WARRANTY
OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD
PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT
PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM.  In no event shall the Administrative Agent or
any of its Related Parties (collectively, the “Agent Parties”) have any
liability to the Parent Borrower, any Lender, the Issuing Lender or any other
Person for losses, claims, damages, liabilities or expenses of any kind
(whether in tort, contract or otherwise) arising out of the Parent Borrower’s
or the Administrative Agent’s transmission of Borrower Materials through the
Internet, except to the extent that such losses, claims, damages, liabilities
or expenses are determined by a court of competent jurisdiction by a final and
nonappealable judgment to have resulted from the gross negligence or willful
misconduct of such Agent Party; provided, however, that in no
event shall any Agent Party have any such liability to the Parent Borrower, any
Lender, the Issuing Lender or any other Person for indirect, special,
incidental, consequential or punitive damages (as opposed to direct or actual
damages).

 

Section 9.2.                                   Waivers;
Amendments.

 

(a)                                  No failure or delay by any Agent or any Lender in exercising any right
or power hereunder or under any other Loan Document shall operate as a waiver
thereof, nor shall any single or partial exercise of any such right or power,
or any abandonment or discontinuance of steps to enforce such a right or power,
preclude any other or further exercise thereof or the exercise of any other
right or power.  The rights and remedies
of the Agents and the Lenders hereunder and under the other Loan Documents are
cumulative and are not exclusive of any rights or remedies that they would
otherwise have.  No waiver of any
provision of any Loan Document or consent to any departure by any Loan Party
therefrom shall in any event be effective unless the same shall be permitted by
paragraph (b) of this Section, and then such waiver or consent shall
be effective only in the specific instance and for the purpose for which
given.  Without limiting the generality
of the foregoing, the making of a Loan or issuance of a Letter of Credit or a
Foreign Credit Instrument shall not be construed as a waiver of any Default or
Event of Default, regardless of whether any Agent or any Lender may have had
notice or knowledge of such Default at the time.

 

(b)                                 Neither this Agreement nor any other Loan Document nor any provision
hereof or thereof may be waived, amended or modified except, in the case of
this Agreement, pursuant to an agreement or agreements in writing entered into
by the Required Lenders and each Loan Party party to the relevant Loan
Document, or, with the written consent of the Required Lenders, the
Administrative Agent and each Loan Party party to the relevant Loan Document; provided
that no such agreement shall:

 

110

 

(i)                                     increase the Commitment of any Lender without the written consent of
such Lender;

 

(ii)                                  reduce the principal amount of or subordinate the principal of any
Loan, LC Disbursement or Foreign Credit Disbursement, or reduce the rate of
interest thereon, or reduce any premium or fees payable hereunder, without the
written consent of each Lender directly affected thereby;

 

(iii)                               extend the final scheduled date of maturity of any Loan, or postpone
the scheduled date of payment of the principal amount of any Loan, LC
Disbursement or Foreign Credit Disbursement, or any interest (or premium, if
any) thereon, or any fees payable hereunder, or reduce the amount of, waive,
excuse or subordinate any such payment, or postpone the scheduled date of
expiration of any Commitment, without the written consent of each Lender
directly affected thereby;

 

(iv)                              require any Lender to make Loans having an Interest Period of one year
or longer, without the written consent of such Lender;

 

(v)                                 amend, modify or waive any provision of this Agreement in any manner
that would change the application of mandatory prepayments hereunder
disproportionately as among the Facilities without the written consent of the
Required Lenders in respect of each Facility adversely affected thereby;

 

(vi)                              amend, modify or waive the first sentence of Section 2.13(a) without
the written consent of each Lender directly affected thereby;

 

(vii)                           change any of the provisions of this Section or the definition of “Required
Lenders” or “Required Lenders” or any other provision of any Loan Document
specifying the number or percentage of Lenders (or Lenders of any Class)
required to waive, amend or modify any rights thereunder or make any
determination or grant any consent thereunder, without the written consent of
each Lender (or each Lender of such Class, as the case may be);

 

(viii)                        release or subordinate the Guarantee from the Parent Borrower or all or
substantially all of the Guarantees from the Subsidiary Guarantors under the
Guarantee and Collateral Agreement (except as expressly provided in the Loan
Documents), without the written consent of each Lender;

 

(ix)                                release or subordinate all or substantially all of the Liens of the
Security Documents on the Collateral (except as expressly provided in the Loan
Documents), without the written consent of each Lender; or

 

(x)                                   amend, modify
or waive the rights or duties of any Agent under this Agreement or any other
Loan Document in its capacity as Agent unless also signed by such Agent; or
amend, modify or waive the rights or duties of any Issuing Lender or Foreign
Issuing Lender under this Agreement or any other Loan Document in its capacity
as Issuing Lender or Foreign Issuing Lender, as applicable, unless also signed
by such Issuing Lender or Foreign Issuing Lender, as applicable.

 

(c)                                  In addition, notwithstanding the foregoing:

 

111

 

(i)                                     this Agreement may be amended with the written consent of the
Administrative Agent, the Parent Borrower and the Lenders providing the
relevant Replacement Term Loans (as defined below) to permit the refinancing of
all outstanding Initial Term Loans or all outstanding Incremental Term Loans (“Refinanced
Term Loans”) with a replacement “A” or `B” term loan tranche, as
applicable, hereunder (“Replacement Term Loans”); provided that (A) the
aggregate principal amount of such Replacement Term Loans shall not exceed the
aggregate principal amount of such Refinanced Term Loans, (B) the
Applicable Rate for such Replacement Term Loans shall not be higher than the
Applicable Rate for such Refinanced Term Loans, (C) the weighted average
life to maturity of such Replacement Term Loans shall not be shorter than the
weighted average life to maturity of such Refinanced Term Loans at the time of
such refinancing and (D) all other terms applicable to such Replacement
Term Loans shall be substantially identical to, or less favorable to the
Lenders providing such Replacement Term Loans than, those applicable to such
Refinanced Term Loans, except to the extent necessary to provide for covenants
and other terms applicable to any period after the latest final maturity of the
Term Loans in effect immediately prior to such refinancing;

 

(ii)                                  this Agreement may be amended to provide for the increases in the
Commitments and/or Incremental Term Loans contemplated by Section 2.1(b),
and matters related thereto, upon (A) execution and delivery by the Parent
Borrower, the Administrative Agent and each Lender increasing its Commitment
and/or providing Incremental Term Loans of an Incremental Facility Activation
Notice and (B) such other documents with respect thereto as the
Administrative Agent shall reasonably request;

 

(iii)                               (A) this Agreement may be amended to remove any Subsidiary as a
Foreign Subsidiary Borrower under the Global Revolving Facility upon (I) written
notice by the Parent Borrower and such Subsidiary to the Administrative Agent
to such effect and (II) repayment in full of all outstanding Obligations
of such Foreign Subsidiary Borrower under the Global Revolving Facility and (B) a
Foreign Subsidiary may become a Foreign Subsidiary Borrower under the Global
Revolving Facility in accordance with the terms of Section 2.23(a) with
the consent of the Administrative Agent and the Global Revolving Lenders;

 

(iv)                              (A) this Agreement may be amended to remove any Subsidiary as a
Foreign Subsidiary Borrower under the Foreign Trade Facility upon (I) written
notice by the Parent Borrower and such Subsidiary to the Foreign Trade Facility
Agent and the Administrative Agent to such effect, (y) repayment in full
of all outstanding Obligations of such Foreign Subsidiary Borrower under the
Foreign Trade Facility and (II) the expiration or termination (or full
cash collateralization or provision of other credit support in a manner
consistent with the terms of Section 2.6(o)(iv)) of all Foreign
Credit Instruments issued for the account of such Foreign Subsidiary Borrower
and (B) a Foreign Subsidiary may become a Foreign Subsidiary Borrower
under the Foreign Trade Facility in accordance with Section 2.23(b) with
the consent of the Foreign Trade Facility Agent and the Administrative Agent;

 

(v)                                 this Agreement may be amended (A) to
change any of the mechanics applicable to Foreign Credit Instruments set forth
in Section 2.6, with the written consent of the Administrative
Agent, the Foreign Trade Facility Agent, the Foreign Issuing Lenders, the
Parent Borrower and a majority of the Lenders with Foreign Credit Commitments,
and (B) to change any of the mechanics applicable to Foreign Credit
Instruments set forth in Section 2.6 solely to the extent necessary
to permit a Foreign Credit Instrument to be issued in a particular country in
accordance with applicable local Requirements of Law, with the written consent
of the Administrative Agent, the Foreign Trade Facility Agent, each Foreign
Issuing Lender directly affected thereby, a majority of the Lenders with
Foreign Credit Commitments and the Parent

 

112

 

Borrower; provided
that (x) no amendment pursuant to this clause (v) shall have the
effect of making any change described in the proviso to Section 9.2(b) and
(y) no amendment pursuant to clause (B) above shall have the effect
of making any change to Section 2.6 in respect of Foreign Credit
Instruments (and any related Foreign Trade Exposure) issued or to be issued
outside of such country; and

 

(vi)                              each of the Fee Letter and the Deutsche Bank Fee Letter may
be amended, or rights or privileges thereunder waived, in a writing executed
only by the parties thereto.

 

Section 9.3.                                   Expenses;
Indemnity; Damage Waiver.

 

(a)                                  The Parent Borrower shall pay (i) all reasonable out-of-pocket
expenses incurred by the Agents and their Affiliates, including the reasonable
fees, charges and disbursements of counsel for the Agents, in connection with
the syndication of the credit facilities provided for herein, the preparation and
administration of the Loan Documents or any amendments, modifications or
waivers of the provisions thereof (whether or not the transactions contemplated
hereby or thereby shall be consummated), including the reasonable fees and
disbursements of counsel to the Agents, with statements with respect to the
foregoing to be submitted to the Parent Borrower prior to the Effective Date
(in the case of amounts to be paid on the Effective Date) and from time to time
thereafter on a quarterly basis or such other periodic basis as the Agents
shall deem appropriate, (ii) all reasonable out-of-pocket expenses
incurred by any Issuing Lender or Foreign Issuing Lender in connection with the
issuance, amendment, renewal or extension of any Letter of Credit or Foreign
Credit Instrument or any demand for payment thereunder and (iii) all
out-of-pocket expenses incurred by any Agent or any Lender, including the fees,
charges and disbursements of any counsel for any Agent or any Lender, in
connection with the enforcement or protection of its rights in connection with
the Loan Documents, including its rights under this Section, or in connection
with the Loans made or Letters of Credit or Foreign Credit Instruments issued
hereunder, including all such out-of-pocket expenses incurred during any
workout, restructuring or negotiations in respect of such Loans, Letters of
Credit or Foreign Credit Instruments.

 

(b)                                 The Parent Borrower shall indemnify each Agent and each Lender, and
each Related Party of any of the foregoing Persons (each such Person being
called an “Indemnitee”) against, and hold each Indemnitee harmless from,
any and all liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, expenses or disbursements of any kind or nature
whatsoever (“Losses”), including the fees, charges and disbursements of
any counsel for any Indemnitee, incurred by or asserted against any Indemnitee
arising out of, in connection with, or as a result of (i) the execution,
delivery, enforcement, performance and administration of any Loan Document or
any other agreement, letter or instrument delivered in connection with the
transactions contemplated hereby, the performance by the parties to the Loan
Documents of their respective obligations thereunder or the consummation of the
Transactions or any other transactions contemplated hereby, (ii) any Loan,
Letter of Credit or Foreign Credit Instrument or the use of the proceeds
therefrom (including any refusal by an Issuing Lender or Foreign Issuing Lender
to honor a demand for payment under a Letter of Credit or Foreign Credit
Instrument if the documents presented in connection with such demand do not
strictly comply with the terms of such Letter of Credit or Foreign Credit
Instrument, as applicable), (iii) any actual or alleged presence or
release of Hazardous Materials on or from any property currently or formerly
owned or operated by the Parent Borrower or any of its Subsidiaries, or any
Environmental Liability related in any way to the Parent Borrower or any of its
Subsidiaries, or (iv) any actual or prospective claim, litigation,
investigation or proceeding relating to any of the foregoing, whether based on
contract, tort or any other theory and regardless of whether any Indemnitee is
a party thereto; provided that such indemnity shall not, as to any
Indemnitee, be available to the extent that such Losses are determined by a
court of competent jurisdiction by final and nonappealable judgment to have
resulted from the gross negligence, bad faith or willful misconduct of such Indemnitee.

 

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(c)                                  To the extent that the Parent Borrower fails to pay any amount required
to be paid by it to any Agent, any Issuing Lender, any Foreign Issuing Lender
or the Swingline Lender under paragraph (a) or (b) of this
Section, each Lender severally agrees to pay to the applicable Agent, such
Issuing Lender, Foreign Issuing Lender or the Swingline Lender, as the case may
be, such Lender’s pro rata share (determined as of
the time that the applicable unreimbursed expense or indemnity payment is
sought) of such unpaid amount; provided that the unreimbursed expense or
indemnified loss, claim, damage, liability or related expense, as the case may
be, was incurred by or asserted against such Agent, such Issuing Lender, such
Foreign Issuing Lender or the Swingline Lender in its capacity as such.  For purposes hereof, a Lender’s “pro rata share” shall be determined based upon its share of
the sum of the total Revolving Exposures, outstanding Term Loans and unused
Commitments at the time; provided that (i) in the case of amounts
owing to any Issuing Lender or the Swingline Lender, in each case in its
capacity as such, a Lender’s “pro rata share”
shall be determined based solely upon its share of the sum of Domestic
Revolving Exposures, unused Domestic Revolving Commitments, Global Revolving
Exposures and unused Global Revolving Commitments at the time and (ii) in
the case of amounts owing to any Foreign Issuing Lender, in its capacity as
such, a Lender’s “pro rata share” shall be
determined based solely upon its share of the sum of the unused Foreign Credit
Commitments at the time.

 

(d)                                 To the extent permitted by applicable law, no Borrower shall assert,
and each Borrower hereby waives, any claim against any Indemnitee, on any
theory of liability, for special, indirect, consequential or punitive damages
(as opposed to direct or actual damages) arising out of, in connection with, or
as a result of, this Agreement or any agreement or instrument contemplated
hereby, the Transactions, any Loan, Letter of Credit or Foreign Credit
Instrument or the use of the proceeds thereof.

 

(e)                                  All amounts due under this Section shall be payable not later than
15 days after written demand therefor. 
Statements payable by the Parent Borrower pursuant to this Section shall
be sent to Attention of Treasurer and Chief Financial Officer (Telephone No. 704-752-4400)
(Telecopy No. 704-752-7487), at the address of the Parent Borrower set
forth in Section 9.1, or to such other Person or address as may be
hereafter designated by the Parent Borrower in a written notice to the
Administrative Agent.

 

Section 9.4.                                   Successors and
Assigns; Participations and Assignments.

 

(a)                                  Successors and
Assigns Generally.  The
provisions of this Agreement and the other Loan Documents shall be binding upon
and inure to the benefit of the parties hereto and thereto and their respective
successors and assigns permitted hereby, except that the Parent Borrower may
not assign or otherwise transfer any of its rights or obligations hereunder or
thereunder without the prior written consent of each Agent and each Lender and
no Lender may assign or otherwise transfer any of its rights or obligations
hereunder except (i) to an assignee in accordance with the provisions of
subsection (b) of this Section, (ii) by way of participation in
accordance with the provisions of subsection (d) of this Section or (iii) by
way of pledge or assignment of a security interest subject to the restrictions
of subsection (f) of this Section (and any other attempted assignment
or transfer by any party hereto shall be null and void).  Nothing in this Agreement, expressed or
implied, shall be construed to confer upon any Person (other than the parties
hereto, their respective successors and assigns permitted hereby, Participants
to the extent provided in subsection (d) of this Section and, to the
extent expressly contemplated hereby, the Related Parties of each of the
Agents, the Issuing Lenders and the Lenders) any legal or equitable right,
remedy or claim under or by reason of this Agreement.

 

(b)                                 Assignments by
Lenders.  Any Lender may at any time
assign to one or more assignees all or a portion of its rights and obligations
under this Agreement and the other Loan Documents (including all or a portion
of its Commitment and the Loans (including for purposes of this subsection (b),

 

114

 

participations in Letters of Credit, Foreign Credit Instruments and
Swingline Loans) at the time owing to it); provided that any such
assignment shall be subject to the following conditions:

 

(i)                                     Minimum Amounts.

 

(A)                              in the case of
an assignment of the entire remaining amount of the assigning Lender’s
Commitment and the Loans at the time owing to it or in the case of an assignment
to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount
need be assigned; and

 

(B)                                in any case not
described in subsection (b)(i)(A) of this Section, the aggregate amount of
the Commitment (which for this purpose includes Loans outstanding thereunder)
or, if the Commitment is not then in effect, the principal outstanding balance
of the Loans of the assigning Lender subject to each such assignment,
determined as of the date the Assignment and Assumption with respect to such assignment
is delivered to the Administrative Agent or, if “Trade Date” is specified in
the Assignment and Assumption, as of the Trade Date, shall not be less than (1) $5,000,000  in the case of an assignment of Revolving Loans, (2) $5,000,000
in the case of an assignment of Term Loans and Incremental Term Loans and (3) $5,000,000
in the case of an assignment in respect of the Foreign Trade Facility unless
each of the Administrative Agent and, so long as no Event of Default has
occurred and is continuing, the Parent Borrower otherwise consents (each such
consent not to be unreasonably withheld or delayed); provided, however,
that concurrent assignments to members of an Assignee Group and concurrent
assignments from members of an Assignee Group to a single Eligible Assignee (or
to an Eligible Assignee and members of its Assignee Group) will be treated as a
single assignment for purposes of determining whether such minimum amount has
been met;

 

(ii)                                  Required
Consents.  No consent
shall be required for any assignment except to the extent required by
subsection (b)(i)(B) of this Section and, in addition:

 

(A)                              the consent of
the Parent Borrower (such consent not to be unreasonably withheld or delayed)
shall be required unless (1) an Event of Default has occurred and is continuing
at the time of such assignment or (2) such assignment is to a Lender, an
Affiliate of a Lender or an Approved Fund;

 

(B)                                the consent of
the Administrative Agent (such consent not to be unreasonably withheld or
delayed) shall be required for assignments in respect of any Domestic Revolving
Commitment or Global Revolving Commitment if such assignment is to a Person
that is not a Lender with a Commitment in respect of the Commitment subject to
such assignment, an Affiliate of such Lender or an Approved Fund with respect
to such Lender;

 

(C)                                the consent of
the Issuing Lenders (such consent not to be unreasonably withheld or delayed)
shall be required for any assignment (other than any assignment to the
Administrative Agent) after the Effective Date that increases the obligation of
the assignee to participate in exposure under one or more Letters of Credit
(whether or not then outstanding) if such assignment is to a Person that is not
a Lender with a Commitment in respect of the Commitment subject to such
assignment, an Affiliate of such Lender or an Approved Fund with respect to
such Lender;

 

115

 

(D)                               the consent of
the Foreign Issuing Lenders (other than those Foreign Issuing Lenders who are
Foreign Issuing Lenders only with respect to those Existing Foreign Credit
Instruments set forth in Part B of Schedule 2.6(a)) in their sole
discretion shall be required for any assignment (other than any assignment to
the Foreign Trade Facility Agent) after the Effective Date that increases the
obligation of the assignee to participate in exposure under one or more Foreign
Credit Instruments or Joint Signature Foreign Credit Instruments (whether or
not then outstanding);

 

(E)                                 the consent of
the Swingline Lender (such consent not to unreasonably withheld or delayed)
shall be required for any assignment in respect of the Domestic Revolving
Commitment if such assignment is to a Person that is not a Lender with a
Domestic Revolving Commitment, an Affiliate of such Lender or an Approved Fund
with respect to such Lender; and

 

(F)                                 the consent of
the Foreign Trade Facility Agent (such consent not to be unreasonably withheld
or delayed) shall be required for all assignments in respect of any Foreign
Credit Instrument Issuing Commitments or Foreign Credit Commitment.

 

(iii)                               Assignment and
Assumption.  The parties
to each assignment shall execute and deliver to the Administrative Agent an
Assignment and Assumption, together with a processing and recordation fee in
the amount of $3,500; provided, however, that the Administrative
Agent may, in its sole discretion, elect to waive such processing and
recordation fee in the case of any assignment. 
The assignee, if it is not a Lender, shall deliver to the Administrative
Agent an Administrative Questionnaire.

 

(iv)                              No Assignment
to Borrower.  No such
assignment shall be made to the Parent Borrower or any of the Parent Borrower’s
Affiliates or Subsidiaries.

 

(v)                                 No Assignment
to Natural Persons.  No such
assignment shall be made to a natural person.

 

Subject to acceptance and recording thereof by the Administrative Agent
pursuant to subsection (c) of this Section, from and after the effective
date specified in each Assignment and Assumption, the assignee thereunder shall
be a party to this Agreement and, to the extent of the interest assigned by
such Assignment and Assumption, have the rights and obligations of a Lender
under this Agreement, and the assigning Lender thereunder shall, to the extent
of the interest assigned by such Assignment and Assumption, be released from
its obligations under this Agreement (and, in the case of an Assignment and
Assumption covering all of the assigning Lender’s rights and obligations under
this Agreement, such Lender shall cease to be a party hereto) but shall
continue to be entitled to the benefits of Sections 2.17, 2.18, 2.19
and 9.3 with respect to facts and circumstances occurring prior to the
effective date of such assignment.  Upon
request, the Parent Borrower (at its expense) shall execute and deliver a Note
to the assignee Lender.  Any assignment
or transfer by a Lender of rights or obligations under this Agreement that does
not comply with this subsection shall be treated for purposes of this Agreement
as a sale by such Lender of a participation in such rights and obligations in
accordance with subsection (d) of this Section.

 

(c)                                  Register.  The Administrative Agent, acting solely for
this purpose as an agent of the Parent Borrower, shall maintain at the
Administrative Agent’s Office a copy of each Assignment and Assumption
delivered to it and a register for the recordation of the names and addresses
of the Lenders, and the Commitments of, and principal amounts of the Loans,
Foreign Trade Exposure and LC Exposure owing to, each Lender pursuant to the terms
hereof from time to time (the “Register”).  The entries in the Register shall be
conclusive, and the Parent Borrower, the Administrative Agent and the Lenders
may

 

116

 

treat each Person whose name is recorded in the Register pursuant to
the terms hereof as a Lender hereunder for all purposes of this Agreement,
notwithstanding notice to the contrary. 
The Register shall be available for inspection by the Parent Borrower
and any Lender, at any reasonable time and from time to time upon reasonable
prior notice.

 

(d)                                 Notes.  If after giving effect to any Assignment and
Assumption, the relevant assignor no longer has any Commitments with respect to
the Commitments being assigned, such assignor shall, upon the request of the Parent
Borrower, return each
Note (if any) with respect to each such Commitment to the Parent Borrower
marked “cancelled”.

 

(e)                                  Participations.  Any Lender may at any time, without the
consent of, or notice to, any Borrower or any Agent, sell participations to any
Person (other than a natural person or the Parent Borrower or any of the Parent
Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or
a portion of such Lender’s rights and/or obligations under this Agreement
(including all or a portion of its Commitment and/or the Loans (including such
Lender’s participations in Foreign Trade Exposure, LC Exposure and/or Swingline
Loans) owing to it); provided that (i) such Lender’s obligations
under this Agreement shall remain unchanged, (ii) such Lender shall remain
solely responsible to the other parties hereto for the performance of such
obligations and (iii) the Parent Borrower, the Administrative Agent, the
Foreign Trade Facility Agent, the other Lenders and the Issuing Lender shall
continue to deal solely and directly with such Lender in connection with such
Lender’s rights and obligations under this Agreement.  Any agreement or instrument pursuant to which
a Lender sells such a participation shall provide that such Lender shall retain
the sole right to enforce this Agreement and to approve any amendment,
modification or waiver of any provision of this Agreement; provided that
such agreement or instrument may provide that such Lender will not, without the
consent of the Participant, agree to any amendment, waiver or other
modification described in Section 9.2(c) that affects such
Participant.  Subject to subsection (e) of
this Section, the Parent Borrower agrees that each Participant shall be
entitled to the benefits of Sections 2.17, 2.18 and 2.19
to the same extent as if it were a Lender and had acquired its interest by
assignment pursuant to subsection (b) of this Section; provided
that, in the case of Section 2.19, such Participant shall have
complied with the requirements of said section. 
To the extent permitted by law, each Participant also shall be entitled
to the benefits of Section 9.8  as though it
were a Lender, provided such Participant agrees to be subject to Section 2.20(c) as
though it were a Lender.

 

(f)                                    Limitation on
Participant Rights.  A
Participant shall not be entitled to receive any greater payment under Section 2.17
or 2.19  than the applicable Lender would
have been entitled to receive with respect to the participation sold to such
Participant, unless the sale of the participation to such Participant is made
with the Parent Borrower’s prior written consent.  A Participant shall not be entitled to the
benefits of Section 2.19 unless the Parent Borrower is notified of
the participation sold to such Participant and such Participant agrees, for the
benefit of the Parent Borrower, to comply with Section 2.19(e) as
though it were a Lender.

 

(g)                                 Certain Pledges.  Any Lender may at any time pledge or assign a
security interest in all or any portion of its rights under this Agreement
(including under its Notes, if any) to secure obligations of such Lender,
including any pledge or assignment to secure obligations to a Federal Reserve
Bank; provided that no such pledge or assignment shall release such
Lender from any of its obligations hereunder or substitute any such pledgee or
assignee for such Lender as a party hereto.

 

(h)                                 Electronic
Execution of Assignments.  The
words “execution,” “signed,” “signature,” and words of like import in any
Assignment and Assumption shall be deemed to include electronic signatures or
the keeping of records in electronic form, each of which shall be of the same
legal effect, validity or enforceability as a manually executed signature or
the use of a paper-based recordkeeping system, as the case may be, to the
extent and as provided for in any applicable law, including the Federal
Electronic

 

117

 

Signatures
in Global and National Commerce Act, the New York State Electronic Signatures
and Records Act, or any other similar state laws based on the Uniform
Electronic Transactions Act

 

(i)                                     Resignation as
Issuing Lender or Swingline Lender after Assignment.  Notwithstanding anything to the contrary
contained herein, if at any time Bank of America assigns all of its Commitment
and Loans pursuant to subsection (b) above, Bank of America may, (i) upon
thirty days’ notice to the Parent Borrower and the Lenders, resign as Issuing
Lender and/or (ii) upon thirty days’ notice to the Parent Borrower, resign
as Swingline Lender.  In the event of any
such resignation as Issuing Lender or Swingline Lender, the Parent Borrower
shall be entitled to appoint from among the Lenders a successor Issuing Lender
or Swingline Lender hereunder; provided, however, that no failure
by the Parent Borrower to appoint any such successor shall affect the
resignation of Bank of America as Issuing Lender or Swingline Lender, as the
case may be.  If Bank of America resigns
as Issuing Lender, it shall retain all the rights, powers, privileges and
duties of the Issuing Lender hereunder with respect to all Letters of Credit
outstanding as of the effective date of its resignation as Issuing Lender and
all LC Exposure with respect thereto (including the right to require the
Lenders to make ABR Loans or fund risk participations in unreimbursed amounts
pursuant to Section 2.5(d)). 
If Bank of America resigns as Swingline Lender, it shall retain all the
rights of the Swingline Lender provided for hereunder with respect to Swingline
Loans made by it and outstanding as of the effective date of such resignation,
including the right to require the Lenders to make Alternate Base Rate Loans or
fund risk participations in outstanding Swingline Loans pursuant to Section 2.4(c).  Upon the appointment of a successor Issuing
Lender and/or Swingline Lender, (1) such successor shall succeed to and
become vested with all of the rights, powers, privileges and duties of the
retiring Issuing Lender or Swingline Lender, as the case may be, and (2) the
successor Issuing Lender shall issue letters of credit in substitution for the
Letters of Credit, if any, outstanding at the time of such succession or make
other arrangements satisfactory to Bank of America to effectively assume the
obligations of Bank of America with respect to such Letters of Credit.

 

(j)                                     Assignments by
Foreign Issuing Lenders.  Any
Foreign Issuing Lender may at any time assign to one or more assignees all or a
portion of its Foreign Credit Instrument Issuing Commitment to issue future
Foreign Credit Instruments (and related rights and obligations with respect to
such Foreign Credit Instrument Issuing Commitment); provided that any
such assignment shall be subject to the consent of the Parent Borrower (such
consent not to be unreasonably withheld or delayed) unless an Event of Default
has occurred and is continuing at the time of such assignment and to the
consent of the Foreign Trade Facility Agent (such consent not to be
unreasonably withheld or delayed).  The
parties to each assignment shall execute and deliver to the Administrative
Agent and the Foreign Trade Facility Agent an assignment agreement, together
with a processing and recordation fee in the aggregate amount of $3,500 payable
to the Administrative Agent; provided, however, that the
Administrative Agent may, in its sole discretion, elect to waive such
processing and recordation fee in the case of any such assignment.  The assignee, if it is not already a Foreign
Issuing Lender, shall deliver to the Administrative Agent and the Foreign Trade
Facility Agent an Administrative Questionnaire. 
No such assignment by a Foreign Issuing Lender shall be made to (i) the
Parent Borrower or any of the Parent Borrower’s Affiliates or Subsidiaries or (ii) a
natural person.  Upon consummation of any
such assignment, Schedule 1.1A shall be deemed revised to reflect the Foreign
Credit Instrument Issuing Commitments after giving effect to such
assignment.  From and after the effective
date specified in each such assignment, the assignee Foreign Issuing Lender
thereunder shall be a party to this Agreement and, to the extent of the Foreign
Credit Instrument Issuing Commitment assigned by such assignment, have the
rights and obligations of a Foreign Issuing Lender under this Agreement, and
the assigning Foreign Issuing Lender thereunder shall, to the extent of the
Foreign Credit Instrument Issuing Commitment assigned by such assignment, be
released from its obligations under this Agreement but shall continue to be
entitled to the benefits of Sections 2.17, 2.18, 2.19 and 9.3
with respect to facts and circumstances occurring prior to the effective date
of such assignment and shall continue to have the rights and obligations of a
Foreign Issuing Lender with respect to any Foreign Credit Instruments issued by
it prior to the time of such assignment.

 

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Section 9.5.                                   Survival.

 

All covenants, agreements, representations and
warranties made by the Loan Parties in the Loan Documents and in the
certificates or other instruments delivered in connection with or pursuant to
this Agreement or any other Loan Document shall be considered to have been
relied upon by the other parties hereto and shall survive the execution and
delivery of the Loan Documents and the making of any Loans and issuance of any
Letters of Credit and Foreign Credit Instruments, regardless of any
investigation made by any such other party or on its behalf and notwithstanding
that any Agent or any Lender may have had notice or knowledge of any Default or
incorrect representation or warranty at the time any credit is extended
hereunder, and shall continue in full force and effect as long as the principal
of or any accrued interest (or premium, if any) on any Loan or any fee or any
other amount payable under this Agreement is outstanding and unpaid or any
Letter of Credit or Foreign Credit Instrument is outstanding and so long as the
Commitments have not expired or terminated. 
The provisions of Sections 2.17, 2.18, 2.19 and 9.3
and Article VIII shall survive and remain in full force and effect
regardless of the consummation of the transactions contemplated hereby, the
repayment of the Loans, the expiration or termination of the Letters of Credit,
the Foreign Credit Instruments or the Commitments or the termination of this
Agreement or any provision hereof.

 

Section 9.6.                                   Counterparts;
Integration.

 

This Agreement may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract.  This Agreement, the
other Loan Document and any separate letter agreements with respect to fees
payable to any Agent constitute the entire contract among the parties relating
to the subject matter hereof and supersede any and all previous agreements and
understandings, oral or written, relating to the subject matter hereof.  This Agreement shall be binding upon and
inure to the benefit of the parties hereto (including the Lenders) and their
respective successors and assigns. 
Delivery of an executed counterpart of a signature page of this
Agreement by telecopy shall be effective as delivery of a manually executed
counterpart of this Agreement.

 

Section 9.7.                                   Severability.

 

Any provision of this Agreement held to be invalid,
illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such invalidity, illegality or unenforceability
without affecting the validity, legality and enforceability of the remaining
provisions hereof; and the invalidity of a particular provision in a particular
jurisdiction shall not invalidate such provision in any other jurisdiction.

 

Section 9.8.                                   Right of Setoff.

 

If an Event of Default shall have occurred and
be continuing, each Lender and each of its Affiliates is hereby authorized at
any time and from time to time, after obtaining the prior written consent of
the Administrative Agent, to the fullest extent permitted by law, to set off
and apply any and all deposits (general or special, time or demand, provisional
or final) at any time held and other obligations at any time owing by such
Lender or Affiliate to or for the credit or the account of a Borrower against
any of and all the obligations of a Borrower now or hereafter existing under this
Agreement held by such Lender, irrespective of whether or not such Lender shall
have made any demand under this Agreement and although such obligations may be
unmatured.  The rights of each Lender
under this Section are in addition to other rights and remedies (including
other rights of setoff) which such Lender may have.

 

119

 

Section 9.9.                                   Governing Law;
Jurisdiction; Consent to Service of Process.

 

(a)                                  This Agreement shall be construed in accordance with and governed by
the law of the State of New York (including Sections 5-1401 and 5-1402 of the
New York General Obligations Law).

 

(b)                                 Each party to this Agreement hereby irrevocably and unconditionally
submits, for itself and its property, to the nonexclusive jurisdiction of the
Supreme Court of the State of New York sitting in New York County and of the
United States District Court of the Southern District of New York, and any
appellate court from any thereof, in any action or proceeding arising out of or
relating to any Loan Document, or for recognition or enforcement of any
judgment, and each of the parties hereto hereby irrevocably and unconditionally
agrees that all claims in respect of any such action or proceeding may be heard
and determined in such New York State or, to the extent permitted by law, in
such Federal court.  Each of the parties
hereto agrees that a final judgment in any such action or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on the judgment
or in any other manner provided by law. 
Nothing in this Agreement or any other Loan Document shall affect any
right that any Agent or any Lender may otherwise have to bring any action or
proceeding relating to this Agreement or any other Loan Document against any
Borrower or its properties in the courts of any jurisdiction.

 

(c)                                  Each party to this Agreement hereby irrevocably and unconditionally
waives, to the fullest extent it may legally and effectively do so, (i) any
objection which it may now or hereafter have to the laying of venue of any
suit, action or proceeding arising out of or relating to this Agreement or any
other Loan Document in any court referred to in paragraph (b) of this
Section, (ii) the defense of an inconvenient forum to the maintenance of
such action or proceeding in any such court and (iii) any right it may
have to claim or recover in any legal action or proceeding referred to in this Section any
special, exemplary, punitive or consequential damages (as opposed to direct or
actual damages).

 

(d)                                 Each party to this Agreement irrevocably consents to service of process
in the manner provided for notices in Section 9.1.  In addition, each Foreign Subsidiary Borrower
agrees that service of process may be effected by mailing a copy thereof by registered
or certified mail (or any substantially similar form of mail), postage prepaid,
to the Parent Borrower at its address for notices in Section 9.1.  Nothing in this Agreement or any other Loan
Document will affect the right of any party to this Agreement to serve process
in any other manner permitted by law.

 

Section 9.10.                             Headings.

 

Article and Section headings and the Table
of Contents used herein are for convenience of reference only, are not part of
this Agreement and shall not affect the construction of, or be taken into
consideration in interpreting, this Agreement.

 

Section 9.11.                             Confidentiality.

 

Each of the Agents and the Lenders agrees to maintain
the confidentiality of the Information (as defined below), except that
Information may be disclosed (a) to its Related Parties, including
accountants, legal counsel and other advisors (it being understood that the
Persons to whom such disclosure is made will be informed of the confidential
nature of such Information and instructed to keep such Information
confidential), (b) to the extent requested by any Governmental Authority
or rating agency, (c) to the extent required by applicable laws or
regulations or by any subpoena or similar legal process, (d) to any other
party to this Agreement, (e) in connection with the exercise of any
remedies hereunder or any suit, action or proceeding relating to this Agreement
or any other Loan Document or the enforcement of rights hereunder or
thereunder, (f) subject to an agreement containing provisions substantially
the same as those of this Section, to any assignee of or Participant in, or any
prospective assignee of or Participant in, any of

 

120

 

its rights or obligations under this Agreement, (g) subject
to an agreement containing provisions substantially the same as those of this
Section, to any direct or indirect contractual counterparty in Hedging
Agreements or other swap agreements relating to this Agreement or such
counterparty’s professional advisor, (h) with the consent of the Parent
Borrower, and (i) to the extent such Information (i) becomes publicly
available other than as a result of a breach of this Section or (ii) becomes
available to any Agent or any Lender on a nonconfidential basis from a source
other than a Borrower.  For the purposes
of this Section, “Information” means all information received from any Borrower
relating to a Borrower or its business, other than any such information that is
available to any Agent or any Lender on a nonconfidential basis prior to
disclosure by such Borrower; provided that such information is clearly
identified at the time of delivery as confidential.  Any Person required to maintain the
confidentiality of Information as provided in this Section shall be
considered to have complied with its obligation to do so if such Person has
exercised the same degree of care to maintain the confidentiality of such
Information as such Person would accord to its own confidential information.

 

Section 9.12.                             WAIVER OF JURY
TRIAL.

 

EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN
ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
AGREEMENT, ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY
(WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY).  EACH PARTY HERETO (A) CERTIFIES THAT NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK
TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER
PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

 

Section 9.13.                             Release of
Collateral.

 

(a)                                  On the first date (the “Release Date”) on which the corporate
family rating of the Parent Borrower from Moody’s is “Baa3” or better and the
corporate credit rating of the Parent Borrower from S&P is “BBB-” or
better, so long as no Event of Default exists on such date, all Collateral
shall be released from the Liens created by the Guarantee and Collateral
Agreement and any other Security Document, all without delivery of any
instrument or performance of any act by any party, and all rights to the
Collateral shall revert to the Loan Parties. 
At the request and sole expense of any Loan Party following any such
release, the Administrative Agent shall deliver to such Loan Party any
Collateral held by the Administrative Agent under any Security Document, and
execute and deliver to such Loan Party such documents as such Loan Party shall
reasonably request to evidence such release.

 

(b)                                 If any of the Collateral shall be Disposed of by any Loan Party in a
transaction permitted by this Agreement, then the Administrative Agent, at the
request and sole expense of such Loan Party, shall execute and deliver to such
Loan Party all releases or other documents reasonably necessary or desirable
for the release of the Liens created by the Guarantee and Collateral Agreement
and any other Security Document on such Collateral.  At the request and sole expense of the Parent
Borrower, a Subsidiary Guarantor shall be released from its obligations under
the Guarantee and Collateral Agreement and any other Security Document in the
event that such Subsidiary Guarantor ceases to be a Wholly Owned Subsidiary
pursuant to a transaction expressly permitted by this Agreement and if, as a
result of such transaction, the Parent Borrower and its Subsidiaries own less
than 75% of the outstanding voting Capital Stock of such Subsidiary
Guarantor.  In addition, at the request
and sole expense of the Parent Borrower, not more than twice during the term of
this Agreement, a Subsidiary Guarantor and the

 

121

 

Subsidiaries of such Subsidiary Guarantor shall be
released from their respective obligations under the Guarantee and Collateral
Agreement and any other Security Document in the event that a portion of the
Capital Stock of such Subsidiary Guarantor is Disposed of in a transaction
expressly permitted by Section 6.6(d) (but which does not
satisfy the requirements of the preceding sentence); provided that the
aggregate Consolidated EBITDA for the most recently completed period of four
consecutive fiscal quarters for which financial statements have been delivered
pursuant to Section 5.1 (in each case determined at the time of
such transaction) that is attributable to the Subsidiaries released from their
obligations hereunder pursuant to this sentence shall not exceed
$40,000,000.  Notwithstanding the
foregoing, in no event shall any Subsidiary be released from its obligations
under the Guarantee and Collateral Agreement or any other Security Document, in
the event that such Subsidiary is a guarantor of any other Indebtedness of any
Loan Party.

 

(c)                                  At such time as the Loans, the Reimbursement Obligations, the Foreign
Credit Reimbursement Obligations and the other Obligations shall have been paid
in full, the Commitments have been terminated and no Letters of Credit or
Foreign Credit Instruments shall be outstanding (or shall have been fully cash
collateralized or otherwise supported in a manner consistent with the terms of Section 2.5(j) or
Section 2.6(o)(iv), as applicable), the Collateral shall be
released from the Liens created by the Guarantee and Collateral Agreement and
any other Security Document, and each Security Document and all obligations
(other than those expressly stated to survive such termination) of the
Administrative Agent and each Loan Party thereunder shall terminate, all
without delivery of any instrument or performance of any act by any party, and
all rights to the Collateral shall revert to the Loan Parties.  At the request and sole expense of any Loan
Party following any such termination, the Administrative Agent shall deliver to
such Loan Party any Collateral held by the Administrative Agent under any
Security Document, and execute and deliver to such Loan Party such documents as
such Loan Party shall reasonably request to evidence such termination.

 

Section 9.14.                             Judgment
Currency.

 

(a)                                  The Borrowers’ obligations hereunder and under the other Loan Documents
to make payments in a specified currency (the “Obligation Currency”)
shall not be discharged or satisfied by any tender or recovery pursuant to any
judgment expressed in or converted into any currency other than the Obligation
Currency, except to the extent that such tender or recovery results in the
effective receipt by the applicable Agent or a Lender of the full amount of the
Obligation Currency expressed to be payable to such Agent or such Lender under
this Agreement or the other Loan Documents. 
If, for the purpose of obtaining or enforcing judgment against any Loan
Party in any court or in any jurisdiction, it becomes necessary to convert into
or from any currency other than the Obligation Currency (such other currency
being hereinafter referred to as the “Judgment Currency”) an amount due
in the Obligation Currency, the conversion shall be made, at the rate of exchange
(as quoted by the Administrative Agent or if the Administrative Agent does not
quote a rate of exchange on such currency, by a known dealer in such currency
designated by the Administrative Agent) determined, in each case, as of the
Business Day immediately preceding the date on which the judgment is given
(such Business Day being hereinafter referred to as the “Judgment Currency
Conversion Date”).

 

(b)                                 If there is a change in the rate of exchange prevailing between the
Judgment Currency Conversion Date and the date of actual payment of the amount
due, the Borrowers covenant and agree to pay, or cause to be paid, such
additional amounts, if any (but in any event not a lesser amount), as may be
necessary to ensure that the amount paid in the Judgment Currency, when
converted at the rate of exchange prevailing on the date of payment, will
produce the amount of the Obligation Currency which could have been purchased
with the amount of Judgment Currency stipulated in the judgment or judicial
award at the rate of exchange prevailing on the Judgment Currency Conversion
Date.

 

122

 

(c)                                  For purposes of determining any rate of exchange or currency equivalent
for this Section, such amounts shall include any premium and costs payable in
connection with the purchase of the Obligation Currency.

 

Section 9.15.                             USA Patriot Act
Notice.

 

Each Lender hereby notifies each Borrower that,
pursuant to the requirements of the USA Patriot Act (Title III of Pub. L.
107-56 (signed into law October 26, 2001)) (the “Act”) and other
applicable foreign Requirements of Law, it is required to obtain, verify and
record information that identifies each Borrower, which information includes
the name and address of each Borrower and other information that will allow
such Lender to identify each Borrower in accordance with the Act or such other
Requirements of Law, as applicable.

 

Section 9.16.                             No Advisory or
Fiduciary Responsibility.

 

In connection with all
aspects of each transaction contemplated hereby (including in connection with
any amendment, waiver or other modification hereof or of any other Loan
Document), the Parent Borrower acknowledges and agrees, and acknowledges its Subsidiaries’ understanding, that: (a)(i) the
arranging and other services regarding this Agreement provided by the
Administrative Agent, the Foreign Trade Facility Agent and BAS, are arm’s-length
commercial transactions between the Parent Borrower and its Subsidiaries, on the one hand, and the Administrative Agent,
the Foreign Trade Facility Agent and BAS, on the other hand, (ii) the
Parent Borrower has consulted its own legal, accounting, regulatory and tax
advisors to the extent it has deemed appropriate, and (iii) the Parent
Borrower is capable of evaluating, and understands and accepts, the terms,
risks and conditions of the transactions contemplated hereby and by the other
Loan Documents; (b)(i) the Administrative Agent, the Foreign Trade
Facility Agent and BAS each is and has been acting solely as a principal and, except
as expressly agreed in writing by the relevant parties, has not been, is not
and will not be acting as an advisor, agent or fiduciary, for the Parent
Borrower or any of Subsidiaries or any other Person and (ii) neither the
Administrative Agent, the Foreign Trade Facility Agent nor BAS has any
obligation to the Parent Borrower or any of its Subsidiaries with respect to
the transactions contemplated hereby except those obligations expressly set
forth herein and in the other Loan Documents; and (c) the Administrative
Agent, the Foreign Trade Facility Agent and BAS and their respective Affiliates
may be engaged in a broad range of transactions that involve interests that
differ from those of the Parent Borrower and its Subsidiaries, and neither the
Administrative Agent, the Foreign Trade Facility Agent nor BAS has any
obligation to disclose any of such interests to the Parent Borrower or its
Subsidiaries.  To the fullest extent
permitted by law, the Parent Borrower hereby waives and releases, any claims that
it may have against the Administrative Agent, the Foreign Trade Facility Agent
or BAS with respect to any breach or alleged breach of agency or fiduciary duty
in connection with any aspect of any transaction contemplated hereby.

 

Section 9.17.                             Waiver of
Notice of Termination.

 

Each
party hereto that is also a party (in any capacity) to the Existing Credit
Agreement hereby waives (in each of its capacities under the Existing Credit
Agreement) compliance with the 15-day notice requirement contained in Section 2.6(p) of
the Existing Credit Agreement, such waiver to be deemed to be effective when
all of the conditions set forth in Section 4.1 are satisfied or
waived.

 

[SIGNATURE PAGES FOLLOW]

 

123

 

IN WITNESS WHEREOF, the
parties hereto have caused this Agreement to be duly executed as of the date
first written above.

 

	
  BORROWER:

  	
  SPX
  CORPORATION,

  
	
   

  	
  A
  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kevin Lilly

  
	
   

  	
  Name:

  	
  Kevin Lilly

  
	
   

  	
  Title:

  	
  Senior Vice President,
  Secretary & General Counsel

  
	
   

  	
   

  
	
  ADMINISTRATIVE

  	
   

  
	
  AGENT:

  	
  BANK
  OF AMERICA, N.A.,

  
	
   

  	
  As
  Administrative Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ W. Thomas Barnett

  
	
   

  	
  Name:

  	
  W. Thomas Barnett

  
	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  
	
  FOREIGN TRADE

  	
   

  
	
  FACILITY AGENT:

  	
  DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT
  BRANCH,

  
	
   

  	
  as Foreign Trade Facility Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Christiane Roth

  
	
   

  	
  Name:

  	
  Christiane
  Roth

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Jürgen Maiwald

  
	
   

  	
  Name:

  	
  Jürgen
  Maiwald

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
  LENDERS:

  	
  BANK OF AMERICA, N.A.,

  
	
   

  	
  as a Lender, Swingline Lender and Issuing Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  W. Thomas Barnett

  
	
   

  	
  Name:

  	
  W.
  Thomas Barnett

  
	
   

  	
  Title:

  	
  Senior
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  JPMORGAN CHASE BANK, N.A.,

  
	
   

  	
  as a Lender

  
	
   

  
	
   

  	
  By:

  	
  /s/
  Randolph Cates

  
	
   

  	
  Name:

  	
  Randolph
  Cates

  
	
   

  	
  Title:

  	
  Executive
  Director

  

 

124

 

	
   

  	
  DEUTSCHE BANK AG NEW YORK
  BRANCH,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Paul O’Leary

  
	
   

  	
  Name:

  	
  Paul
  O’Leary

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Marcus M. Tarkington

  
	
   

  	
  Name:

  	
  Marcus
  M. Tarkington

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  DEUTSCHE BANK AG
  DEUTSCHLANDGESCHÄFT BRANCH,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Christiane Roth

  
	
   

  	
  Name:

  	
  Christiane
  Roth

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Jürgen Maiwald

  
	
   

  	
  Name:

  	
  Jürgen
  Maiwald

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  JPMORGAN CHASE BANK, N.A.,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Randolph Cates

  
	
   

  	
  Name:

  	
  Randolph
  Cates

  
	
   

  	
  Title:

  	
  Executive
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  CITIBANK NA

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Jeffrey A. Neikirth

  
	
   

  	
  Name:

  	
  Jeffrey
  A. Neikirth

  
	
   

  	
   

  	
   

  
	
   

  	
  SCOTIABANK INC.

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/J.F.
  Todd

  
	
   

  	
  Name:

  	
  J.F.
  Todd

  
	
   

  	
  Title:

  	
  Managing
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  THE BANK OF NOVA SCOTIA

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Todd Meller

  
	
   

  	
  Name:

  	
  Todd
  Meller

  
	
   

  	
  Title:

  	
  Managing
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  DRESDNER BANK AG NEW YORK BRANCH and

  
	
   

  	
  GRAND CAYMAN BANK

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Enrique Bustamante

  
	
   

  	
  Name:

  	
  Enrique
  Bustamante

  
	
   

  	
  Title:

  	
  Managing
  Director

  

 

125

 

	
   

  	
  By:

  	
  /s/
  Joseph Mormak

  
	
   

  	
  Name:

  	
  Joseph
  Mormak

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.

  
	
   

  	
  NEW YORK BRANCH

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Joanne Nasuti

  
	
   

  	
  Name:

  	
  Joanne
  Nasuti

  
	
   

  	
  Title:

  	
  Authorized
  Signatory

  
	
   

  	
   

  	
   

  
	
   

  	
  CALYON NEW YORK BRANCH

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Rod Hurst

  
	
   

  	
  Name:

  	
  Rod
  Hurst

  
	
   

  	
  Title:

  	
  Managing
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Michael Madnick

  
	
   

  	
  Name:

  	
  Michael
  Madnick

  
	
   

  	
  Title:

  	
  Managing
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  COMMERZBANK AG,

  
	
   

  	
  NEW YORK AND GRAND CAYMAN BRANCHES

  
	
   

  	
  as a Lender for Revolving Credit Facility and Term Loan

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Edward C.A. Forsberg, Jr.

  
	
   

  	
  Name:

  	
  Edward
  C.A. Forsberg, Jr.

  
	
   

  	
  Title:

  	
  SVP and Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Nivedita Persaud

  
	
   

  	
  Name:

  	
  Nivedita
  Persaud

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  COMMERZBANK AG,
  GROSSKUNDENCENTER REGION MITTE

  
	
   

  	
  as a Lender for Foreign Credit Instrument Facility

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  R. Müller

  
	
   

  	
  Name:

  	
  R.
  Müller

  
	
   

  	
  Title:

  	
  Senior
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Manfred Peter

  
	
   

  	
  Name:

  	
  Manfred
  Peter

  
	
   

  	
  Title:

  	
  Vice
  President

  

 

126

 

	
   

  	
  MIZUHO CORPORATE BANK, LTD.

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Hidekatsu Take

  
	
   

  	
  Name:

  	
  Hidekatsu
  Take

  
	
   

  	
  Title:

  	
  Deputy
  General Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  SUMITOMO MITSUI BANKING CORPORATION

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Yoshihiro Hyakutome

  
	
   

  	
  Name:

  	
  Yoshihiro
  Hyakutome

  
	
   

  	
  Title:

  	
  General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  SUNTRUST

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Frank Baker

  
	
   

  	
  Name:

  	
  Frank
  Baker

  
	
   

  	
  Title:

  	
  Manager
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  DNB NOR BANK ASA — NEW YORK BRANCH

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Philip F. Kurpiewski

  
	
   

  	
  Name:

  	
  Philip
  F. Kurpiewski

  
	
   

  	
  Title:

  	
  Senior
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Thomas Tangen

  
	
   

  	
  Name:

  	
  Thomas
  Tangen

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  THE GOVERNOR AND COMPANY OF

  
	
   

  	
  THE BANK OF IRELAND

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Barry Heraty

  
	
   

  	
  Name:

  	
  Barry
  Heraty

  
	
   

  	
  Title:

  	
  Authorised
  Signatory

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Paul Kelly

  
	
   

  	
  Name:

  	
  Paul
  Kelly

  
	
   

  	
  Title:

  	
  Authorised
  Signatory

  

 

127

 

	
   

  	
  COMERICA BANK

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Richard C. Hampson

  
	
   

  	
  Name:

  	
  Richard
  C. Hampson

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  HSBC BANK USA,

  
	
   

  	
  NATIONAL ASSOCIATION

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Jeffrey M. Henry

  
	
   

  	
  Name:

  	
  Jeffrey
  M. Henry

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  LANDESBANK BADEN-WUERTTEMBERG

  
	
   

  	
  NEW YORK AND/OR CAYMAN ISLANDS BRANCH

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Karen Richard

  
	
   

  	
  Name:

  	
  Karen
  Richard

  
	
   

  	
  Title:

  	
  Vice
  President and Head of Corporate Desk

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Annette Hirschle

  
	
   

  	
  Name:

  	
  Annette
  Hirschle

  
	
   

  	
  Title:

  	
  Senior
  Risk Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  UBS LOAN FINANCE LLC

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  David Julie

  
	
   

  	
  Name:

  	
  David
  Julie

  
	
   

  	
  Title:

  	
  Associate
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Mary E. Evans

  
	
   

  	
  Name:

  	
  Mary
  E. Evans

  
	
   

  	
  Title:

  	
  Associate
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  UBS LIMITED

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  A. Sudlow

  
	
   

  	
  Name:

  	
  A.
  Sudlow

  
	
   

  	
  Title:

  	
  Executive
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Graham Vance

  
	
   

  	
  Name:

  	
  Graham
  Vance

  
	
   

  	
  Title:

  	
  Managing
  Director

  

 

128

 

	
   

  	
  U S BANKNATIONAL ASSOCIATION

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  John Chapman

  
	
   

  	
  Name:

  	
  John
  Chapman

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  WESTLB AG NEW YORK BRANCH

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Peter Badura

  
	
   

  	
  Name:

  	
  Peter
  Badura

  
	
   

  	
  Title:

  	
  Managing
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Salvatore Battinelli

  
	
   

  	
  Name:

  	
  Salvatore
  Battinelli

  
	
   

  	
  Title:

  	
  Managing
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  ZURICH VERSICHERUNG AG
  (DEUTSCHLAND)

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Gerlinde Nagel

  
	
   

  	
  Name:

  	
  Gerlinde
  Nagel

  
	
   

  	
  Title:

  	
  Surety
  Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Charles Villette

  
	
   

  	
  Name:

  	
  Charles
  Villette

  
	
   

  	
  Title:

  	
  Underwriter

  
	
   

  	
   

  	
   

  
	
   

  	
  DBS BANK LTD., LOS ANGELES AGENCY

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Andrew Ko

  
	
   

  	
  Name:

  	
  Andrew
  Ko

  
	
   

  	
  Title:

  	
  General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  NORTH FORK BANK

  
	
   

  	
  A DIVISION OF CAPITAL ONE, N.A.

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Enrico Panno

  
	
   

  	
  Name:

  	
  Enrico Panno

  
	
   

  	
  Title:

  	
  Vice President

  

 

129

 

	
   

  	
  TD BANKNORTH, N.A.

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ George Bacigalupo

  
	
   

  	
  Name:

  	
  George Bacigalupo

  
	
   

  	
  Title:

  	
  EVP

  
	
   

  	
   

  	
   

  
	
   

  	
  NORDEA BANK FINLAND PLC

  
	
   

  	
  NEW YORK and GRAND CAYMAN
  BRANCHES

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Henrik M.
  Steffensen

  
	
   

  	
  Name:

  	
  Henrik M. Steffensen

  
	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Gerald E. Chelius, Jr.

  
	
   

  	
  Name:

  	
  Gerald E. Chelius, Jr.

  
	
   

  	
  Title:

  	
  SVP Credit

  
	
   

  	
   

  	
   

  
	
   

  	
  INTESASANPAOLO S.P.A.

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Carlo Persico

  
	
   

  	
  Name:

  	
  Carlo Persico

  
	
   

  	
  Title:

  	
  C.E.O. of Americas

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robert Wurster

  
	
   

  	
  Name:

  	
  Robert Wurster

  
	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  BANK OF CHINA, NEW YORK BRANCH

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Xiaojing Li

  
	
   

  	
  Name:

  	
  Xiaojing Li

  
	
   

  	
  Title:

  	
  General Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  THE BANK OF NEW YORK

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Carl S. Tabacjar, Jr.

  
	
   

  	
  Name:

  	
  Carl S. Tabacjar, Jr.

  
	
   

  	
  Title:

  	
  Vice President

  

 

130

 

	
   

  	
  PNC BANK, NATIONAL ASSOCIATION

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David B. Gookin

  
	
   

  	
  Name:

  	
  David B. Gookin

  
	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  MEGA INTERNATIONAL COMMERCIAL
  BANK

  
	
   

  	
  NEW YORK BRANCH as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Tsang-Pei Hsu

  
	
   

  	
  Name:

  	
  Tsang-Pei Hsu

  
	
   

  	
  Title:

  	
  Vice President &
  Deputy General Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  TAIWAN BUSINESS BANK

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Ben Chou

  
	
   

  	
  Name:

  	
  Ben Chou

  
	
   

  	
  Title:

  	
  V.P. & General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  BANK OF TAIWAN

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Eunice Shiou-Jsu
  Yeh

  
	
   

  	
  Name:

  	
  Eunice Shiou-Jsu Yeh

  
	
   

  	
  Title:

  	
  SVP & General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  TAIWAN COOPERATIVE BANK

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Po-Chang Ho

  
	
   

  	
  Name:

  	
  Po-Chang Ho

  
	
   

  	
  Title:

  	
  VP & General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  CHANG HWA COMMERCIAL BANK,
  LTD.,

  
	
   

  	
  NEW YORK BRANCH

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Jim C.Y. Chen

  
	
   

  	
  Name:

  	
  Jim C.Y. Chen

  
	
   

  	
  Title:

  	
  VP & General
  Manager

  

 

131

 

	
   

  	
  NATIONAL BANK OF EGYPT,

  
	
   

  	
  NEW YORK BRANCH

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ William Cleary

  
	
   

  	
  Name:

  	
  William Cleary

  
	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  FIRST COMMERCIAL BANK,

  
	
   

  	
  NEW YORK AGENCY

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Milton Shine

  
	
   

  	
  Name:

  	
  Milton Shine

  
	
   

  	
  Title:

  	
  VP & General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  BANK OF HAWAII

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R.
  Ho

  
	
   

  	
  Name:

  	
  Linda R. Ho

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  E. SUN COMMERCIAL BANK, LTD.

  
	
   

  	
  LOS ANGELES BRANCH

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Benjamin Lin

  
	
   

  	
  Name:

  	
  Benjamin Lin

  
	
   

  	
  Title:

  	
  EVP & General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  TAIPEI FUBON COMMERCIAL BANK
  CO., LTD.

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robin S. Wu

  
	
   

  	
  Name:

  	
  Robin S. Wu

  
	
   

  	
  Title:

  	
  AVP & General
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  BANK OF COMMUNICATIONS CO.,
  LTD.

  
	
   

  	
  NEW YORK BRANCH

  
	
   

  	
  as Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Shelley He

  
	
   

  	
  Name:

  	
  Shelley He

  
	
   

  	
  Title:

  	
  Deputy General Manager

  

 

132

 

Schedule 1.1A

 

Commitments

 

	
  Lender

  	
   

  	
  Domestic

  Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Global Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Term Loan

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  
	
  Bank of America, N.A.

  	
   

  	
  $

  	
  6,950,617.28

  	
   

  	
  1.737654321

  	
  %

  	
  $

  	
  38,032,474.50

  	
   

  	
  19.016237252

  	
  %

  	
  $

  	
  56,228,864.73

  	
   

  	
  7.497181965

  	
  %

  
	
  Deutsche Bank AG New
  York Branch

  	
   

  	
  $

  	
  27,826,086.96

  	
   

  	
  6.956521739

  	
  %

  	
  $

  	
  13,913,043.48

  	
   

  	
  6.956521739

  	
  %

  	
  $

  	
  52,173,913.04

  	
   

  	
  6.956521739

  	
  %

  
	
  Deutsche Bank AG
  Deutschlandgeschaft Branch

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  JP Morgan Chase Bank, N.A.

  	
   

  	
  $

  	
  17,787,976.38

  	
   

  	
  4.446994096

  	
  %

  	
  $

  	
  22,907,675.79

  	
   

  	
  11.453837896

  	
  %

  	
  $

  	
  50,869,565.22

  	
   

  	
  6.782608696

  	
  %

  
	
  Citibank NA

  	
   

  	
  $

  	
  15,918,411.16

  	
   

  	
  3.979602791

  	
  %

  	
  $

  	
  21,972,893.18

  	
   

  	
  10.986446592

  	
  %

  	
  $

  	
  47,364,130.43

  	
   

  	
  6.315217391

  	
  %

  
	
  Scotiabanc, Inc.

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  47,364,130.43

  	
   

  	
  6.315217391

  	
  %

  
	
  The Bank of Nova Scotia

  	
   

  	
  $

  	
  25,260,869.57

  	
   

  	
  6.315217391

  	
  %

  	
  $

  	
  12,630,434.78

  	
   

  	
  6.315217391

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Dresdner Bank AG New York Branch and Grand Cayman
  Branch

  	
   

  	
  $

  	
  20,869,565.22

  	
   

  	
  5.217391304

  	
  %

  	
  $

  	
  10,434,782.61

  	
   

  	
  5.217391304

  	
  %

  	
  $

  	
  39,130,434.78

  	
   

  	
  5.217391304

  	
  %

  
	
  The Bank of Tokyo- Mitsubishi UFJ, Ltd. New York
  Branch

  	
   

  	
  $

  	
  18,478,260.87

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  9,239,130.43

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  34,646,739.13

  	
   

  	
  4.619565217

  	
  %

  
	
  Calyon New York Branch

  	
   

  	
  $

  	
  18,478,260.87

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  9,239,130.43

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  34,646,739.13

  	
   

  	
  4.619565217

  	
  %

  
	
  CommerzBank AG New York and Grand Cayman Branches

  	
   

  	
  $

  	
  18,478,260.87

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  9,239,130.43

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  34,646,739.13

  	
   

  	
  4.619565217

  	
  %

  
	
  CommerzBank AG,
  Grosskundencenter Region Mitte

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Mizuho Corporate Bank, Ltd.

  	
   

  	
  $

  	
  17,608,695.65

  	
   

  	
  4.402173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  22,010,869.57

  	
   

  	
  2.934782609

  	
  %

  

 

 

 

	
  Lender

  	
   

  	
  Domestic

  Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Global Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Term Loan

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  
	
  Sumitomo Mitsui Banking Corporation

  	
   

  	
  $

  	
  17,608,695.65

  	
   

  	
  4.402173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  22,010,869.57

  	
   

  	
  2.934782609

  	
  %

  
	
  SunTrust Robinson Humphrey, Inc.

  	
   

  	
  $

  	
  11,739,130.43

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  5,869,565.22

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  22,010,869.57

  	
   

  	
  2.934782609

  	
  %

  
	
  DNB Norbank ASa New York Branch

  	
   

  	
  $

  	
  11,739,130.43

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  5,869,565.22

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  22,010,869.57

  	
   

  	
  2.934782609

  	
  %

  
	
  The Governor and Company of the Bank of Ireland

  	
   

  	
  $

  	
  11,739,130.43

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  5,869,565.22

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  22,010,869.57

  	
   

  	
  2.934782609

  	
  %

  
	
  Comerica Bank

  	
   

  	
  $

  	
  8,695,652.17

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  4,347,826.09

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  16,304,347.83

  	
   

  	
  2.173913043

  	
  %

  
	
  HSBC Bank USA, National Association

  	
   

  	
  $

  	
  8,695,652.17

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  4,347,826.09

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  16,304,347.83

  	
   

  	
  2.173913043

  	
  %

  
	
  Landesbank Baden Wurttemberg

  	
   

  	
  $

  	
  8,695,652.17

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  4,347,826.09

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  16,304,347.83

  	
   

  	
  2.173913043

  	
  %

  
	
  UBS Loan Finance LLC

  	
   

  	
  $

  	
  8,695,652.17

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  4,347,826.09

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  16,304,347.83

  	
   

  	
  2.173913043

  	
  %

  
	
  UBS Limited

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  US Bank National Association

  	
   

  	
  $

  	
  8,695,652.17

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  4,347,826.09

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  16,304,347.83

  	
   

  	
  2.173913043

  	
  %

  
	
  WestLB AG New York Branch

  	
   

  	
  $

  	
  8,695,652.17

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  4,347,826.09

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  16,304,347.83

  	
   

  	
  2.173913043

  	
  %

  
	
  Zurich Verisicherung AG

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  DBS Bank Ltd

  	
   

  	
  $

  	
  13,043,478.26

  	
   

  	
  3.260869565

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  16,304,347.83

  	
   

  	
  2.173913043

  	
  %

  
	
  North Fork Bank, a Division of Capital One, N.A.

  	
   

  	
  $

  	
  17,777,777.78

  	
   

  	
  4.444444444

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  22,222,222.22

  	
   

  	
  2.962962963

  	
  %

  
	
  TD BankNorth, NA

  	
   

  	
  $

  	
  6,956,521.74

  	
   

  	
  1.739130435

  	
  %

  	
  $

  	
  3,478,260.87

  	
   

  	
  1.739130435

  	
  %

  	
  $

  	
  13,043,478.26

  	
   

  	
  1.739130435

  	
  %

  

 

 

 

	
  Lender

  	
   

  	
  Domestic

  Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Global Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Term Loan

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  
	
  Nordea Bank Finland Plc., New York and Grand
  Cayman Braches

  	
   

  	
  $

  	
  6,086,956.52

  	
   

  	
  1.521739130

  	
  %

  	
  $

  	
  3,043,478.26

  	
   

  	
  1.521739130

  	
  %

  	
  $

  	
  11,413,043.48

  	
   

  	
  1.521739130

  	
  %

  
	
  IntesaSanpaolo S.p.A.

  	
   

  	
  $

  	
  4,347,826.09

  	
   

  	
  1.086956522

  	
  %

  	
  $

  	
  2,173,913.04

  	
   

  	
  1.086956522

  	
  %

  	
  $

  	
  8,152,173.91

  	
   

  	
  1.086956522

  	
  %

  
	
  Bank of China, New York Branch

  	
   

  	
  $

  	
  6,521,739.13

  	
   

  	
  1.630434783

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  8,152,173.91

  	
   

  	
  1.086956522

  	
  %

  
	
  The Bank of New York

  	
   

  	
  $

  	
  8,888,888.89

  	
   

  	
  2.222222222

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  11,111,111.11

  	
   

  	
  1.481481481

  	
  %

  
	
  PNC Bank, National Association

  	
   

  	
  $

  	
  5,217,391.30

  	
   

  	
  1.304347826

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  6,521,739.13

  	
   

  	
  0.869565217

  	
  %

  
	
  Mega International Commercial Bank

  	
   

  	
  $

  	
  5,217,391.30

  	
   

  	
  1.304347826

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  6,521,739.13

  	
   

  	
  0.869565217

  	
  %

  
	
  Taiwan Business Bank

  	
   

  	
  $

  	
  3,913,043.48

  	
   

  	
  0.978260870

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  4,891,304.35

  	
   

  	
  0.652173913

  	
  %

  
	
  Bank of Taiwan

  	
   

  	
  $

  	
  3,913,043.48

  	
   

  	
  0.978260870

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  4,891,304.35

  	
   

  	
  0.652173913

  	
  %

  
	
  Taiwan Cooperative Bank

  	
   

  	
  $

  	
  3,913,043.48

  	
   

  	
  0.978260870

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  4,891,304.35

  	
   

  	
  0.652173913

  	
  %

  
	
  Chang Hwa Commercial Bank Ltd., New York Branch

  	
   

  	
  $

  	
  2,608,695.65

  	
   

  	
  0.652173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  3,260,869.57

  	
   

  	
  0.434782609

  	
  %

  
	
  National Bank of Egypt, New York Branch

  	
   

  	
  $

  	
  4,444,444.44

  	
   

  	
  1.111111111

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  5,555,555.56

  	
   

  	
  0.740740741

  	
  %

  
	
  First Commercial Bank New York Agency

  	
   

  	
  $

  	
  2,608,695.65

  	
   

  	
  0.652173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  3,260,869.57

  	
   

  	
  0.434782609

  	
  %

  
	
  Bank of Hawaii

  	
   

  	
  $

  	
  4,444,444.44

  	
   

  	
  1.111111111

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  5,555,555.56

  	
   

  	
  0.740740741

  	
  %

  

 

 

 

	
  Lender

  	
   

  	
  Domestic

  Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Global Revolving

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  	
  Term Loan

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  
	
  E Sun Commercial
  Bank, Ltd. Los Angeles Branch

  	
   

  	
  $

  	
  2,608,695.65

  	
   

  	
  0.652173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  3,260,869.57

  	
   

  	
  0.434782609

  	
  %

  
	
  Taipei Fubon Commercial Bank Co., Ltd.

  	
   

  	
  $

  	
  2,608,695.65

  	
   

  	
  0.652173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  3,260,869.57

  	
   

  	
  0.434782609

  	
  %

  
	
  Bank of Communications Co., Ltd. New York Branch

  	
   

  	
  $

  	
  2,222,222.22

  	
   

  	
  0.555555556

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  2,777,777.78

  	
   

  	
  0.370370370

  	
  %

  
	
  Total

  	
   

  	
  $

  	
  400,000,000.00

  	
   

  	
  100.000000000

  	
  %

  	
  $

  	
  200,000,000.00

  	
   

  	
  100.000000000

  	
  %

  	
  $

  	
  750,000,000.00

  	
   

  	
  100.000000000

  	
  %

  

 

 

 

	
  Lender

  	
   

  	
  Foreign
  Credit

  Commitments

  	
   

  	
  Applicable

  Percentage

  	
   

  	
  Foreign
  Credit

  Instrument

  Issuing

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  
	
  Bank
  of America, N.A.

  	
   

  	
  $

  	
  81,038,043.48

  	
   

  	
  8.530320366

  	
  %

  	
  $

  	
  475,000,000.00

  	
   

  	
  50.000000000

  	
  %

  
	
  Deutsche Bank AG New York Branch

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Deutsche Bank AG Deutschlandgeschaft Branch

  	
   

  	
  $

  	
  66,086,956.52

  	
   

  	
  6.956521739

  	
  %

  	
  $

  	
  475,000,000.00

  	
   

  	
  50.000000000

  	
  %

  
	
  JP
  Morgan Chase Bank, N.A.

  	
   

  	
  $

  	
  64,434,782.61

  	
   

  	
  6.782608696

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Citibank
  NA

  	
   

  	
  $

  	
  59,994,565.22

  	
   

  	
  6.315217391

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Scotiabanc, Inc.

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  The
  Bank of Nova Scotia

  	
   

  	
  $

  	
  59,994,565.22

  	
   

  	
  6.315217391

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Dresdner
  Bank AG New York Branch and Grand Cayman Branch

  	
   

  	
  $

  	
  49,565,217.39

  	
   

  	
  5.217391304

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  The
  Bank of Tokyo- Mitsubishi UFJ, Ltd. New York Branch

  	
   

  	
  $

  	
  43,885,869.57

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Calyon
  New York Branch

  	
   

  	
  $

  	
  43,885,869.57

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  CommerzBank
  AG New York and Grand Cayman Branches

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  CommerzBank AG, Grosskundencenter Region Mitte

  	
   

  	
  $

  	
  43,885,869.57

  	
   

  	
  4.619565217

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Mizuho
  Corporate Bank, Ltd.

  	
   

  	
  $

  	
  27,880,434.78

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Sumitomo
  Mitsui Banking Corporation

  	
   

  	
  $

  	
  27,880,434.78

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  SunTrust
  Robinson Humphrey, Inc.

  	
   

  	
  $

  	
  27,880,434.78

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  DNB
  Norbank ASa New York Branch

  	
   

  	
  $

  	
  27,880,434.78

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  The
  Governor and Company of the Bank of Ireland

  	
   

  	
  $

  	
  27,880,434.78

  	
   

  	
  2.934782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Comerica
  Bank

  	
   

  	
  $

  	
  20,652,173.91

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  HSBC
  Bank USA, National Association

  	
   

  	
  $

  	
  20,652,173.91

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Landesbank
  Baden Wurttemberg

  	
   

  	
  $

  	
  20,652,173.91

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  UBS
  Loan Finance LLC

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  UBS
  Limited

  	
   

  	
  $

  	
  20,652,173.91

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  

 

 

	
  Lender

  	
   

  	
  Foreign
  Credit

  Commitments

  	
   

  	
  Applicable

  Percentage

  	
   

  	
  Foreign
  Credit

  Instrument

  Issuing

  Commitments

  	
   

  	
  Applicable

  Percentages

  	
   

  
	
  US
  Bank National Association

  	
   

  	
  $

  	
  20,652,173.91

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  WestLB
  AG New York Branch

  	
   

  	
  $

  	
  20,652,173.91

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Zurich
  Versicherung AG

  	
   

  	
  $

  	
  50,000,000.00

  	
   

  	
  5.263157895

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  DBS
  Bank Ltd

  	
   

  	
  $

  	
  20,652,173.91

  	
   

  	
  2.173913043

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  North
  Fork Bank, a Division of Capital One, N.A.

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  TD
  BankNorth, NA

  	
   

  	
  $

  	
  16,521,739.13

  	
   

  	
  1.739130435

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Nordea
  Bank Finland Plc., New York and Grand Cayman Braches

  	
   

  	
  $

  	
  14,456,521.74

  	
   

  	
  1.521739130

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  IntesaSanpaolo
  S.p.A.

  	
   

  	
  $

  	
  10,326,086.96

  	
   

  	
  1.086956522

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Bank
  of China, New York Branch

  	
   

  	
  $

  	
  10,326,086.96

  	
   

  	
  1.086956522

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  The
  Bank of New York

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  PNC
  Bank, National Association

  	
   

  	
  $

  	
  8,260,869.57

  	
   

  	
  0.869565217

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Mega
  International Commercial Bank

  	
   

  	
  $

  	
  8,260,869.57

  	
   

  	
  0.869565217

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Taiwan
  Business Bank

  	
   

  	
  $

  	
  6,195,652.17

  	
   

  	
  0.652173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Bank
  of Taiwan

  	
   

  	
  $

  	
  6,195,652.17

  	
   

  	
  0.652173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Taiwan
  Cooperative Bank

  	
   

  	
  $

  	
  6,195,652.17

  	
   

  	
  0.652173913

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Chang
  Hwa Commercial Bank Ltd., New York Branch

  	
   

  	
  $

  	
  4,130,434.78

  	
   

  	
  0.434782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  National
  Bank of Egypt, New York Branch

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  First
  Commercial Bank New York Agency

  	
   

  	
  $

  	
  4,130,434.78

  	
   

  	
  0.434782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Bank
  of Hawaii

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  E Sun
  Commercial Bank, Ltd. Los Angeles Branch

  	
   

  	
  $

  	
  4,130,434.78

  	
   

  	
  0.434782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Taipei
  Fubon Commercial Bank Co., Ltd.

  	
   

  	
  $

  	
  4,130,434.78

  	
   

  	
  0.434782609

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Bank
  of Communications Co., Ltd. New York Branch

  	
   

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  	
  $

  	
  0.00

  	
   

  	
  0.000000000

  	
  %

  
	
  Total

  	
   

  	
  $

  	
  950,000,000.00

  	
   

  	
  100.000000000

  	
  %

  	
  $

  	
  950,000,000.00

  	
   

  	
  100.000000000

  	
  %

  

 

 

 

Schedule 1.1B

 

Material Subsidiaries

 

	
  Material Subsidiary

  	
   

  	
  Jurisdiction of Organization

  
	
  Balcke-Dürr GmbH

  	
   

  	
  Germany

  
	
  BRAN + LUEBBE GmbH

  	
   

  	
  Germany

  
	
  British Electronic Controls Limited (The)

  	
   

  	
  United Kingdom

  
	
  Flair Corporation

  	
   

  	
  Delaware

  
	
  General Signal (China) Co., Ltd.

  	
   

  	
  China

  
	
  General Signal Healthcare Management, Inc.

  	
   

  	
  Delaware

  
	
  General Signal UK Limited

  	
   

  	
  United Kingdom

  
	
  Johnson Pump AB

  	
   

  	
  Sweden

  
	
  Johnson Pump Industry AB

  	
   

  	
  Sweden

  
	
  Kodiak Partners II Corp.

  	
   

  	
  Delaware

  
	
  LDS Limited

  	
   

  	
  United Kingdom

  
	
  LDS Test and Measurement Limited

  	
   

  	
  United Kingdom

  
	
  Marley Company LLC (The)

  	
   

  	
  Delaware

  
	
  Marley Cooling Tower (Holdings) Limited

  	
   

  	
  United Kingdom

  
	
  Marley Engineered Products LLC

  	
   

  	
  Delaware

  
	
  Marley-Wylain Company (The)

  	
   

  	
  Delaware

  
	
  NEMA AirFin GmbH

  	
   

  	
  Germany

  
	
  Radiodetection Limited [UK]

  	
   

  	
  United Kingdom

  
	
  SPX Air Filtration Limited

  	
   

  	
  United Kingdom

  
	
  SPX Air Treatment Holdings PLC

  	
   

  	
  United Kingdom

  
	
  SPX Canada

  	
   

  	
  Canada

  
	
  SPX Canada Holdings I ULC

  	
   

  	
  Canada

  
	
  SPX Canada Limited Partnership

  	
   

  	
  Canada

  
	
  SPX Canada Partner II Co.

  	
   

  	
  Canada

  
	
  SPX Cooling Technologies Belgium S.A.

  	
   

  	
  Belgium

  
	
  SPX Cooling Technologies GmbH

  	
   

  	
  Germany

  
	
  SPX Cooling Technologies (Zhangjiakou) Co. Ltd.

  	
   

  	
  China

  
	
  SPX Europe GmbH

  	
   

  	
  Germany

  
	
  SPX Europe Holdings GmbH

  	
   

  	
  Germany

  
	
  SPX International e.G.

  	
   

  	
  Germany

  
	
  SPX International Holding GmbH

  	
   

  	
  Germany

  

 

 

	
  Material Subsidiary

  	
   

  	
  Jurisdiction of Organization

  
	
  SPX Process Equipment Limited

  	
   

  	
  United Kingdom

  
	
  SPX Sweden AB

  	
   

  	
  Sweden

  
	
  SPX (Tianjin) Cooling Technologies Co. Ltd.

  	
   

  	
  China

  
	
  SPX U.L.M. GmbH

  	
   

  	
  Germany

  
	
  Sre Electronics Limited

  	
   

  	
  United Kingdom

  
	
  U.D.I. Mauritius Limited

  	
   

  	
  Mauritius

  
	
  UD-RD Holding Company Limited

  	
   

  	
  United Kingdom

  
	
  United Dominion Industries Corporation

  	
   

  	
  Canada

  
	
  Valley Forge Technical Information Services, Inc.

  	
   

  	
  Michigan

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  Wisconsin

  

 

 

Schedule 1.1C

 

Foreign Credit Instrument Requirements

 

Part A.  Mandatory Requirements

 

	
  Permitted
  Types of Instruments:

  	
   

  	
   

  The
  Foreign Credit Instrument must qualify as a surety, a surety payable on first
  demand, a guarantee or stand-by letter of credit in favor of third parties,
  or, in case any Foreign Credit Instrument will be issued under foreign law,
  the foreign law equivalent of the said classification.

  
	
   

  	
   

  	
   

  
	
  Standby
  Letters of Credit:

  	
   

  	
  Standby
  Letters of Credit shall be issued subject to one of the following sets of rules,
  which shall apply thereto: 
  (a) the Uniform Customs and Practice for Documentary Credits,
  1993 Revision, International Chamber of Commerce Publication No. 500,
  (b) the Uniform Customs and Practice for Documentary Credits, 2007
  Revision, International Chamber of Commerce Publication No. 600, and
  (c) International Standby Practices 1998, International Chamber of
  Commerce Publication No. 590. 
  Such chosen rules shall also apply to the rights and obligations
  of the applicable Foreign Issuing Lender under this Agreement with respect to
  such Standby Letter of Credit, unless they are inconsistent with the terms of
  this Agreement, in which case the terms of this Agreement shall control.

  
	
   

  	
   

  	
   

  
	
  Reference
  to Underlying Transaction:

  	
   

  	
   

  The
  terms of a Foreign Credit Instrument must contain a narrative reference to
  what has been reported to the Foreign Issuing Lender about the underlying
  transaction but must not contain any confirmation with regard to facts of the
  underlying contract.

  
	
   

  	
   

  	
   

  
	
  Purpose
  clause:

  	
   

  	
  The
  terms of a Foreign Credit Instrument must contain a clearly worded purpose
  clause describing those of the relevant Borrower’s obligations that are
  covered by such Foreign Credit Instrument.

  
	
   

  	
   

  	
   

  
	
  Payment
  obligation:

  	
   

  	
  The
  payment obligation of a Foreign Issuing Lender must be worded as an
  irrevocable obligation to pay a specific maximum amount of money and not for
  specific performance of the underlying contract.

  
	
   

  	
   

  	
   

  
	
  No
  conflict or inconsistency with applicable law and/or rules:

  	
   

  	
   

   

  Any
  terms of a Foreign Credit Instrument must not conflict with, or be
  inconsistent with, applicable laws, regulations, rules, directions and
  rulings as well as all relevant decisions and rulings of any competent courts
  and any other competent authorities.

  
	
   

  	
   

  	
   

  
	
  Excluded
  rules:

  	
   

  	
  In
  no event shall the ICC Uniform Rules for Contract Guarantees,
  Publication No. 325, be applicable.

  
	
   

  	
   

  	
   

  
	
  Expiry:

  	
   

  	
  Each
  Foreign Credit Instrument must contain a provision stating when the
  obligation of the relevant Foreign Issuing Lender shall terminate (e.g.

  

 

 

	
   

  	
   

  	
  specific
  expiration date, return of deed or release letter) or, if the required
  Foreign Credit Instrument does not provide for such a specific termination or
  expiry date, the Commercial Lifetime of such Foreign Credit Instrument shall
  fall within the Permitted Maturity.

  
	
   

  	
   

  	
   

  
	
  Part B.  Dispensable Requirements

  
	
   

  	
   

  	
   

  
	
  Maturity/Demand:

  	
   

  	
  The
  payment obligation of a Foreign Issuing Lender shall be determinable by
  reliance on the terms of the relevant Foreign Credit Instrument issued by it
  and, as the case may be, any other document simultaneously to be presented
  together with a demand.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Such
  payment obligation shall be conditional upon presentation of a demand for
  payment with or, as the case may be, without simultaneous presentation of
  other documents.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  The
  terms of such Foreign Credit Instrument shall provide that receipt of a
  formally valid demand for payment has to be made to such Foreign Issuing
  Lender by the expiry date at the latest and confirm that thereafter no
  further demand shall be honored.

  
	
   

  	
   

  	
   

  
	
  Transfers:

  	
   

  	
  Transfer
  of rights and claims under any Foreign Credit Instrument shall expressly be
  subject to the prior written consent of the relevant Foreign Issuing Lender.

  
	
   

  	
   

  	
   

  
	
  Governing
  Law:

  	
   

  	
  The
  terms of each Foreign Credit Instrument shall provide for a choice of law
  clause.

  
	
   

  	
   

  	
   

  
	
  Miscellaneous:

  	
   

  	
  The
  terms of the Foreign Credit Instrument shall not provide for:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ·

  	
  a
  combination of more than three purposes;

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ·

  	
  a
  Foreign Issuing Lender’s payment obligation to be dependent upon such Foreign
  Issuing Lender verifying the occurrence of events that are beyond such
  Foreign Issuing Lender’s control;

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ·

  	
  any
  other terms and conditions that expose the Foreign Issuing Lender to risk
  unusual to Foreign Credit Instrument undertakings;

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ·

  	
  an
  arbitration clause in respect of the payment obligation of the Foreign
  Issuing Lender.

  

 

2

 

Schedule 1.1D

 

ADDITIONAL CURRENCIES

 

	
  Country

  	
   

  	
  Currency

  
	
  Australia

  	
   

  	
  Australian Dollar (AUD)

  
	
  Canada

  	
   

  	
  Canadian Dollar (CAD)

  
	
  Denmark

  	
   

  	
  Danish Krona (DKK)

  
	
  Japan

  	
   

  	
  Yen (JPY)

  
	
  New Zealand

  	
   

  	
  New Zealand Dollar (NZD)

  
	
  Sweden

  	
   

  	
  Swedish Krona (SEK)

  
	
  Switzerland

  	
   

  	
  Swiss Franc (CHF)

  

 

 

SCHEDULE
2.5

JP
MORGAN CHASE BANK AS ISSUING LENDER

 

	
  LC#

  	
   

  	
  Amount

  	
   

  	
  Currency

  	
   

  	
  Beneficiary

  	
   

  	
  Expiration
  Date

  
	
  SB204047

  	
   

  	
  13,977.50

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  October 15,
  2007

  
	
  SB206245

  	
   

  	
  17,159.20

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  March 31,
  2008

  
	
  SB206260

  	
   

  	
  15,054.40

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  March 31,
  2008

  
	
  SB206319

  	
   

  	
  15,054.40

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  March 31,
  2008

  
	
  SB206322

  	
   

  	
  15,054.40

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  March 31,
  2008

  
	
  SB206376

  	
   

  	
  8,500.00

  	
   

  	
  USD

  	
   

  	
  Advanced Controls Pte Ltd

  	
   

  	
  July 11,
  2007

  
	
  SB209126

  	
   

  	
  4,080.00

  	
   

  	
  USD

  	
   

  	
  Sonatrach

  	
   

  	
  November 30,
  2007

  
	
  SB209150

  	
   

  	
  719,922.60

  	
   

  	
  USD

  	
   

  	
  PNC Bank, National
  Association

  	
   

  	
  September 20,
  2007

  
	
  SB210152

  	
   

  	
  233,194.00

  	
   

  	
  USD

  	
   

  	
  BBC World Service - JPMC UK

  	
   

  	
  February 1,
  2008

  
	
  SB213313

  	
   

  	
  2,623.50

  	
   

  	
  USD

  	
   

  	
  China Green Enterprise
  Limited

  	
   

  	
  March 18,
  2008

  
	
  SB214384

  	
   

  	
  3,000,000.00

  	
   

  	
  USD

  	
   

  	
  Bernard Burns

  	
   

  	
  June 6,
  2008

  
	
  SB214484

  	
   

  	
  7,425.00

  	
   

  	
  USD

  	
   

  	
  Antensan CES International
  GmbH

  	
   

  	
  November 30,
  2007

  
	
  SB216363

  	
   

  	
  62,200.00

  	
   

  	
  USD

  	
   

  	
  Mitsui Babcock Energy India

  	
   

  	
  February 15,
  2008

  
	
  SB219360

  	
   

  	
  100,362.50

  	
   

  	
  USD

  	
   

  	
  GS 505 Park LLC

  	
   

  	
  November 15,
  2007

  
	
  SB219646

  	
   

  	
  10,000,000.00

  	
   

  	
  USD

  	
   

  	
  The Travelers

  	
   

  	
  November 26,
  2007

  
	
  SB219820

  	
   

  	
  18,500.00

  	
   

  	
  USD

  	
   

  	
  Daewoo
  Shipbuilding & Marine

  	
   

  	
  May 31,
  2008

  
	
  SB220250

  	
   

  	
  1,526,760.00

  	
   

  	
  USD

  	
   

  	
  Australia & New
  Zealand Banking Group

  	
   

  	
  December 31,
  2007

  
	
  SB220378

  	
   

  	
  62,200.00

  	
   

  	
  USD

  	
   

  	
  Mitsui Babcock Energy Ltd.

  	
   

  	
  September 30,
  2007

  
	
  SB221182

  	
   

  	
  65,924.00

  	
   

  	
  USD

  	
   

  	
  Daewoo
  Shipbuilding & Marine

  	
   

  	
  October 31,
  2007

  
	
  SB221572

  	
   

  	
  39,609,129.00

  	
   

  	
  USD

  	
   

  	
  Pacific Employers Ins. Co.

  	
   

  	
  January 10,
  2008

  
	
  SB223500

  	
   

  	
  58,500.00

  	
   

  	
  USD

  	
   

  	
  County of Dane

  	
   

  	
  April 1,
  2008

  
	
  SB224334

  	
   

  	
  2,774,675.00

  	
   

  	
  USD

  	
   

  	
  ABN Amro Bank

  	
   

  	
  May 31,
  2008

  
	
  SB225033

  	
   

  	
  200,000.00

  	
   

  	
  USD

  	
   

  	
  Hartford Fire Insurance
  Company

  	
   

  	
  April 30,
  2008

  
	
  SB225164

  	
   

  	
  6,731.20

  	
   

  	
  USD

  	
   

  	
  Babcock & Wilcox

  	
   

  	
  August 1,
  2007

  
	
  SB225909

  	
   

  	
  16,634.00

  	
   

  	
  USD

  	
   

  	
  Fundacao Cultural Piratini
  Radio

  	
   

  	
  October 10,
  2007

  
	
  SB226640

  	
   

  	
  9,682.00

  	
   

  	
  USD

  	
   

  	
  Foster Wheel

  	
   

  	
  September 25,
  2007

  
	
  SB227739

  	
   

  	
  154,848.00

  	
   

  	
  USD

  	
   

  	
  Barclays Bank of Botswana
  Ltd

  	
   

  	
  March 16,
  2008

  
	
  SB228487

  	
   

  	
  1,785,921.00

  	
   

  	
  USD

  	
   

  	
  Continental Ins Co/National
  Fire Ins

  	
   

  	
  August 1,
  2007

  
	
  SB228801

  	
   

  	
  115,190.00

  	
   

  	
  USD

  	
   

  	
  Frederick County, Maryland

  	
   

  	
  September 30,
  2007

  
	
  SB229154

  	
   

  	
  86,002.70

  	
   

  	
  USD

  	
   

  	
  Hyundai Heavy Industries Co

  	
   

  	
  September 30,
  2007

  
	
  SB230082

  	
   

  	
  48,931.97

  	
   

  	
  USD

  	
   

  	
  Societe
  en Commandite Edifice le Soleil

  	
   

  	
  April 30,
  2008

  
	
  SB230805

  	
   

  	
  15,450.00

  	
   

  	
  USD

  	
   

  	
  Comision Nacional de
  Telecomunicacione

  	
   

  	
  August 22,
  2007

  
	
  SB231123

  	
   

  	
  500,000.00

  	
   

  	
  USD

  	
   

  	
  National Union Fire
  Insurance Co.

  	
   

  	
  May 11,
  2008

  
	
  SB231336

  	
   

  	
  37,933.70

  	
   

  	
  USD

  	
   

  	
  Companhia
  Vale Do Rio Doce

  	
   

  	
  September 30,
  2008

  
	
  SB231593

  	
   

  	
  80,000.00

  	
   

  	
  USD

  	
   

  	
  Brown County Landfill

  	
   

  	
  December 13,
  2007

  
	
  SB232221

  	
   

  	
  25,000.00

  	
   

  	
  USD

  	
   

  	
  Michigan Mutual Insurance
  Company

  	
   

  	
  December 1,
  2007

  
	
  SB232634

  	
   

  	
  100,000.00

  	
   

  	
  USD

  	
   

  	
  Hartford Fire Insurance
  Company

  	
   

  	
  May 11,
  2008

  
	
  SB232882

  	
   

  	
  82,145.00

  	
   

  	
  USD

  	
   

  	
  Doosan Heavy Industries

  	
   

  	
  September 30,
  2007

  
	
  SB233609

  	
   

  	
  6,665.10

  	
   

  	
  USD

  	
   

  	
  Foster Wheel North America
  Corp

  	
   

  	
  August 1,
  2008

  
	
  SB235073

  	
   

  	
  76,706.00

  	
   

  	
  USD

  	
   

  	
  Bank of Nova Scotia

  	
   

  	
  August 30,
  2007

  
	
  SB239836

  	
   

  	
  547,999.13

  	
   

  	
  USD

  	
   

  	
  Botas,
  Boru Hatlan ile Petrol Tasima

  	
   

  	
  March 31,
  2008

  
	
  SB239996

  	
   

  	
  145,254.40

  	
   

  	
  USD

  	
   

  	
  Hyundai Heavy Industries Co

  	
   

  	
  March 31,
  2008

  
	
  SB241121

  	
   

  	
  139,351.80

  	
   

  	
  USD

  	
   

  	
  Spectrum Management
  Authority

  	
   

  	
  October 15,
  2007

  
	
  SB241291

  	
   

  	
  16,703.48

  	
   

  	
  USD

  	
   

  	
  Mitsui Babcock Energy Ltd.

  	
   

  	
  September 30,
  2007

  
	
  SB242456

  	
   

  	
  51,888.00

  	
   

  	
  USD

  	
   

  	
  SNC Lavalin International

  	
   

  	
  September 27,
  2007

  
	
  SB243527

  	
   

  	
  45,074.45

  	
   

  	
  USD

  	
   

  	
  Marinha Do Brasil

  	
   

  	
  November 30,
  2007

  
	
  SB245300

  	
   

  	
  310,205.08

  	
   

  	
  USD

  	
   

  	
  State Bank of Hyderabad,
  India

  	
   

  	
  August 31,
  2007

  
	
  SB245303

  	
   

  	
  318,801.42

  	
   

  	
  USD

  	
   

  	
  State Bank of Hyderabad,
  India

  	
   

  	
  January 31,
  2008

  
	
  SB245444

  	
   

  	
  13,120.00

  	
   

  	
  USD

  	
   

  	
  NEM BV

  	
   

  	
  November 30,
  2008

  
	
  SB245714

  	
   

  	
  47,628.30

  	
   

  	
  USD

  	
   

  	
  Hanjin Heavy
  Industries & Construction

  	
   

  	
  March 31,
  2008

  
	
  SB246713

  	
   

  	
  48,175.84

  	
   

  	
  USD

  	
   

  	
  Minister of Finance, Oshawa
  Ontario

  	
   

  	
  October 2,
  2007

  
	
  SB247736

  	
   

  	
  67,162.45

  	
   

  	
  USD

  	
   

  	
  Detecon
  Al Saudia Co Ltd

  	
   

  	
  September 22,
  2007

  
	
  SB249842

  	
   

  	
  2,793.00

  	
   

  	
  USD

  	
   

  	
  Govt of India, Minister of
  Defense

  	
   

  	
  March 31,
  2008

  
	
  SB249962

  	
   

  	
  304,296.40

  	
   

  	
  USD

  	
   

  	
  The National Refinery
  Limited

  	
   

  	
  September 30,
  2008

  
	
  SB250813

  	
   

  	
  80,000.00

  	
   

  	
  USD

  	
   

  	
  Brownwood Regional Landfill

  	
   

  	
  November 30,
  2007

  
	
  SB256008

  	
   

  	
  1,934.56

  	
   

  	
  USD

  	
   

  	
  Hatch Ltd

  	
   

  	
  December 16,
  2007

  

 

 

	
  SB256534

  	
   

  	
  22,839.59

  	
   

  	
  USD

  	
   

  	
  Bechtel Overseas Corp

  	
   

  	
  April 30,
  2008

  
	
  SB261350

  	
   

  	
  11,056.40

  	
   

  	
  USD

  	
   

  	
  China Green Enterprise
  Limited

  	
   

  	
  May 22,
  2008

  
	
  SB261379

  	
   

  	
  23,936.00

  	
   

  	
  USD

  	
   

  	
  China Green Enterprise
  Limited

  	
   

  	
  May 22,
  2009

  
	
  SB261648

  	
   

  	
  89,360.25

  	
   

  	
  USD

  	
   

  	
  Bahwan Trading Co

  	
   

  	
  December 31,
  2008

  
	
  SB262496

  	
   

  	
  1,900.00

  	
   

  	
  USD

  	
   

  	
  China Petrochemical Int’l
  Co Ltd

  	
   

  	
  April 30,
  2008

  
	
  SB262497

  	
   

  	
  13,758.00

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  June 30,
  2008

  
	
  SB263168

  	
   

  	
  8,348.00

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  June 30,
  2008

  
	
  SB266067

  	
   

  	
  15,559.10

  	
   

  	
  USD

  	
   

  	
  Tech Union Development Intl
  Ltd

  	
   

  	
  September 5,
  2008

  
	
  SB267056

  	
   

  	
  9,500.00

  	
   

  	
  USD

  	
   

  	
  Hyundai Heavy Industries Co

  	
   

  	
  April 15,
  2009

  
	
  SB267700

  	
   

  	
  8,008.00

  	
   

  	
  USD

  	
   

  	
  CMPC Celulosa

  	
   

  	
  June 30,
  2007

  
	
  SB267853

  	
   

  	
  7,039.00

  	
   

  	
  USD

  	
   

  	
  Technip USA Corp

  	
   

  	
  December 31,
  2008

  
	
  SB267856

  	
   

  	
  11,899.00

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  July 30,
  2008

  
	
  SB268348

  	
   

  	
  76,846.80

  	
   

  	
  USD

  	
   

  	
  Petrofac International Ltd

  	
   

  	
  May 13,
  2008

  
	
  SB269091

  	
   

  	
  52,486.00

  	
   

  	
  USD

  	
   

  	
  Technip Italy SPA

  	
   

  	
  December 31,
  2008

  
	
  SB273035

  	
   

  	
  6,803.00

  	
   

  	
  USD

  	
   

  	
  Alstom Power Inc

  	
   

  	
  September 30,
  2008

  
	
  SB273239

  	
   

  	
  6,786.00

  	
   

  	
  USD

  	
   

  	
  Alstom Power Inc

  	
   

  	
  September 30,
  2008

  
	
  SB273243

  	
   

  	
  12,166.00

  	
   

  	
  USD

  	
   

  	
  Alstom Power Inc

  	
   

  	
  September 30,
  2008

  
	
  SB275142

  	
   

  	
  19,601.00

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  August 11,
  2008

  
	
  SB275335

  	
   

  	
  11,652.00

  	
   

  	
  USD

  	
   

  	
  Babcock & Wilcox

  	
   

  	
  June 30,
  2009

  
	
  SB278334

  	
   

  	
  40,666.23

  	
   

  	
  USD

  	
   

  	
  Kruger Energie
  Bromptonville Inc

  	
   

  	
  December 6,
  2007

  
	
  SB281058

  	
   

  	
  37,933.70

  	
   

  	
  USD

  	
   

  	
  Companhia
  Vale Do Rio Doce

  	
   

  	
  September 30,
  2008

  
	
  SB282642

  	
   

  	
  15,882.00

  	
   

  	
  USD

  	
   

  	
  Burns & McDonnell
  Engineering Co

  	
   

  	
  September 12,
  2007

  
	
  SB283029

  	
   

  	
  509,586.00

  	
   

  	
  USD

  	
   

  	
  Government of Israel

  	
   

  	
  November 15,
  2007

  
	
  SB283110

  	
   

  	
  28,300.00

  	
   

  	
  USD

  	
   

  	
  Daewoo
  Engineering & Construction Co Ltd

  	
   

  	
  July 31,
  2007

  
	
  SB283111

  	
   

  	
  79,102.80

  	
   

  	
  USD

  	
   

  	
  Petrofac International Ltd

  	
   

  	
  May 13,
  2008

  
	
  SB283616

  	
   

  	
  4,750.00

  	
   

  	
  USD

  	
   

  	
  Air Liqjuide (Wuxi)
  Industrial Gas Co Ltd

  	
   

  	
  March 15,
  2008

  
	
  SB283617

  	
   

  	
  15,419.00

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  November 7,
  2008

  
	
  SB283644

  	
   

  	
  28,300.00

  	
   

  	
  USD

  	
   

  	
  Daewoo
  Engineering & Construction Co Ltd

  	
   

  	
  December 31,
  2009

  
	
  SB283663

  	
   

  	
  5,998.00

  	
   

  	
  USD

  	
   

  	
  Air Liqjuide (Wuxi)
  Industrial Gas Co Ltd

  	
   

  	
  February 18,
  2008

  
	
  SB285829

  	
   

  	
  17,159.20

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  May 16,
  2011

  
	
  SB285830

  	
   

  	
  15,054.40

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  November 16,
  2011

  
	
  SB288149

  	
   

  	
  115,000.00

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  December 30,
  2009

  
	
  SB288150

  	
   

  	
  19,095.00

  	
   

  	
  USD

  	
   

  	
  Alstom Power Inc

  	
   

  	
  June 30,
  2010

  
	
  SB288151

  	
   

  	
  952,800.00

  	
   

  	
  USD

  	
   

  	
  Alunorte
  Alumina Do Norte Do Brasil SA

  	
   

  	
  August 30,
  2007

  
	
  SB288746

  	
   

  	
  249,612.12

  	
   

  	
  USD

  	
   

  	
  Minera Spence S.A.

  	
   

  	
  October 6,
  2008

  
	
  SB289414

  	
   

  	
  7,200.00

  	
   

  	
  USD

  	
   

  	
  Shenyang Brilliance Jinbei
  Automobile Co Ltd

  	
   

  	
  August 4,
  2007

  
	
  SB291491

  	
   

  	
  150,000.00

  	
   

  	
  USD

  	
   

  	
  Nepal Bank Limited

  	
   

  	
  November 26,
  2007

  
	
  SB291494

  	
   

  	
  1,950.00

  	
   

  	
  USD

  	
   

  	
  China Petrochemical Int’l
  Co Ltd

  	
   

  	
  June 8,
  2008

  
	
  SB293862

  	
   

  	
  97,910.00

  	
   

  	
  USD

  	
   

  	
  Shaw Stone &
  Webster Inc

  	
   

  	
  January 23,
  2009

  
	
  SB294423

  	
   

  	
  14,800,000.00

  	
   

  	
  USD

  	
   

  	
  California Dept of Toxic
  Substances Control

  	
   

  	
  December 31,
  2007

  
	
  SB294713

  	
   

  	
  1,429,200.00

  	
   

  	
  USD

  	
   

  	
  Alunorte
  Alumina Do Norte Do Brasil SA

  	
   

  	
  July 31,
  2007

  
	
  SB297012

  	
   

  	
  53,000.00

  	
   

  	
  USD

  	
   

  	
  Babcock & Wilcox

  	
   

  	
  July 28,
  2007

  
	
  SB298670

  	
   

  	
  558,403.00

  	
   

  	
  USD

  	
   

  	
  Sunoco Inc

  	
   

  	
  December 4,
  2007

  
	
  SB299233

  	
   

  	
  25,870.00

  	
   

  	
  USD

  	
   

  	
  Center Point Energy

  	
   

  	
  November 29,
  2008

  
	
  SB299236

  	
   

  	
  485,000.00

  	
   

  	
  USD

  	
   

  	
  Alunorte
  Alumina Do Norte Do Brasil SA

  	
   

  	
  September 30,
  2009

  
	
  SB299951

  	
   

  	
  25,941.15

  	
   

  	
  USD

  	
   

  	
  LG Constructors Inc

  	
   

  	
  June 30,
  2009

  
	
  SB300607

  	
   

  	
  5,175.00

  	
   

  	
  USD

  	
   

  	
  Air Liquide (Wuxi)
  Industrial Gas

  	
   

  	
  June 20,
  2008

  
	
  SB301000

  	
   

  	
  204,002.30

  	
   

  	
  USD

  	
   

  	
  Gemma Power Systems
  California Inc

  	
   

  	
  December 31,
  2007

  
	
  SB302077

  	
   

  	
  15,750.00

  	
   

  	
  USD

  	
   

  	
  Detecon
  Al Saudia Co Ltd

  	
   

  	
  December 31,
  2008

  
	
  SB304618

  	
   

  	
  17,500.00

  	
   

  	
  USD

  	
   

  	
  NEM BV

  	
   

  	
  May 31,
  2010

  
	
  SB305159

  	
   

  	
  17,500.00

  	
   

  	
  USD

  	
   

  	
  NEM BV

  	
   

  	
  January 31,
  2008

  
	
  SB305384

  	
   

  	
  14,463.00

  	
   

  	
  USD

  	
   

  	
  Technip USA Corp

  	
   

  	
  December 31,
  2009

  
	
  SB305385

  	
   

  	
  15,984.00

  	
   

  	
  USD

  	
   

  	
  Technip USA Corp

  	
   

  	
  December 31,
  2009

  
	
  SB306570

  	
   

  	
  278,266.05

  	
   

  	
  USD

  	
   

  	
  Pluspetrol International
  Inc

  	
   

  	
  July 24,
  2007

  
	
  SB306575

  	
   

  	
  233,500.00

  	
   

  	
  USD

  	
   

  	
  Yapi Ve Kredi Bankasi

  	
   

  	
  June 30,
  2008

  
	
  SB306577

  	
   

  	
  243,000.00

  	
   

  	
  USD

  	
   

  	
  Gurmat Elektrick Uretim AS

  	
   

  	
  November 30,
  2009

  
	
  SB306833

  	
   

  	
  60,188.57

  	
   

  	
  USD

  	
   

  	
  LG Constructors Inc

  	
   

  	
  June 30,
  2009

  
	
  SB307500

  	
   

  	
  64,500.00

  	
   

  	
  USD

  	
   

  	
  China Nuclear Power
  Engineering Co Ltd

  	
   

  	
  September 16,
  2009

  
	
  SB308153

  	
   

  	
  1,801.00

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  February 1,
  2009

  

 

 

	
  SB309202

  	
   

  	
  166,627.00

  	
   

  	
  USD

  	
   

  	
  NESMA Advanced Technology
  Co Ltd

  	
   

  	
  May 29,
  2008

  
	
  SB309203

  	
   

  	
  115,484.00

  	
   

  	
  USD

  	
   

  	
  Minera Spence S.A.

  	
   

  	
  October 6,
  2008

  
	
  SB309625

  	
   

  	
  38,126.86

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  March 31,
  2009

  
	
  SB309995

  	
   

  	
  199,000.20

  	
   

  	
  USD

  	
   

  	
  Hyundai Heavy Industries Co

  	
   

  	
  October 31,
  2007

  
	
  SB309997

  	
   

  	
  99,500.00

  	
   

  	
  USD

  	
   

  	
  Hyundai Heavy Industries Co

  	
   

  	
  May 18,
  2009

  
	
  SB310011

  	
   

  	
  12,037.50

  	
   

  	
  USD

  	
   

  	
  Rabigh Refining and
  Petrochemical Co

  	
   

  	
  June 30,
  2007

  
	
  SB310016

  	
   

  	
  12,037.50

  	
   

  	
  USD

  	
   

  	
  Rabigh Refining and
  Petrochemical Co

  	
   

  	
  December 31,
  2008

  
	
  SB310455

  	
   

  	
  41,663.10

  	
   

  	
  USD

  	
   

  	
  The Ministry of
  Communications & Info

  	
   

  	
  August 15,
  2007

  
	
  SB310456

  	
   

  	
  41,663.10

  	
   

  	
  USD

  	
   

  	
  The Ministry of Communications &
  Info

  	
   

  	
  August 21,
  2008

  
	
  SB310561

  	
   

  	
  53,114.00

  	
   

  	
  USD

  	
   

  	
  Technip USA Corp

  	
   

  	
  December 31,
  2010

  
	
  SB311773

  	
   

  	
  10,000.00

  	
   

  	
  USD

  	
   

  	
  Banque
  De L’Habitat - Agence Nat’l des Freq

  	
   

  	
  July 28,
  2007

  
	
  SB312844

  	
   

  	
  356,850.00

  	
   

  	
  USD

  	
   

  	
  Fuji Electric Corp of
  America

  	
   

  	
  August 31,
  2007

  
	
  SB312845

  	
   

  	
  356,850.00

  	
   

  	
  USD

  	
   

  	
  Fuji Electric Corp of
  America

  	
   

  	
  September 1,
  2010

  
	
  SB313116

  	
   

  	
  12,000.00

  	
   

  	
  USD

  	
   

  	
  Zambia National
  Broadcasting Corp

  	
   

  	
  July 9,
  2007

  
	
  SB313384

  	
   

  	
  70,000.00

  	
   

  	
  USD

  	
   

  	
  The Communications
  Authority

  	
   

  	
  November 6,
  2007

  
	
  SB313549

  	
   

  	
  173,122.95

  	
   

  	
  USD

  	
   

  	
  JPMC UK - BBC World Service

  	
   

  	
  April 30,
  2010

  
	
  SB313834

  	
   

  	
  10,000.00

  	
   

  	
  USD

  	
   

  	
  Banque
  De L’Habitat - Agence Nat’l des Freq

  	
   

  	
  August 30,
  2007

  
	
  SB315264

  	
   

  	
  8,980.00

  	
   

  	
  USD

  	
   

  	
  Amco Enterprises Inc

  	
   

  	
  September 28,
  2007

  
	
  SB316282

  	
   

  	
  212,150.00

  	
   

  	
  USD

  	
   

  	
  Arkansas River Power Authority

  	
   

  	
  April 17,
  2008

  
	
  SB317328

  	
   

  	
  49,476.00

  	
   

  	
  USD

  	
   

  	
  JPMC China - Ling Dong
  Nuclear Power

  	
   

  	
  July 15,
  2013

  
	
  SB317361

  	
   

  	
  49,067.00

  	
   

  	
  USD

  	
   

  	
  JPMC China - Ling Dong
  Nuclear Power

  	
   

  	
  March 15,
  2014

  
	
  SB317403

  	
   

  	
  17,950.70

  	
   

  	
  USD

  	
   

  	
  Temple University

  	
   

  	
  September 22,
  2007

  
	
  SB321168

  	
   

  	
  169,629.30

  	
   

  	
  USD

  	
   

  	
  Saudi Arabian Saipem Ltd

  	
   

  	
  August 15,
  2009

  
	
  SB322041

  	
   

  	
  10,000.00

  	
   

  	
  USD

  	
   

  	
  Nuclear Power Qinshan Joint
  Venture Co Ltd

  	
   

  	
  July 7,
  2007

  
	
  SB322044

  	
   

  	
  8,000.00

  	
   

  	
  USD

  	
   

  	
  Nuclear Power Qinshan Joint
  Venture Co Ltd

  	
   

  	
  July 7,
  2007

  
	
  SB322046

  	
   

  	
  8,000.00

  	
   

  	
  USD

  	
   

  	
  Nuclear Power Qinshan Joint
  Venture Co Ltd

  	
   

  	
  July 7,
  2007

  
	
  SB325645

  	
   

  	
  10,000.00

  	
   

  	
  USD

  	
   

  	
  Nuclear Power Qinshan Joint
  Venture Co Ltd

  	
   

  	
  July 7,
  2007

  
	
  SB325647

  	
   

  	
  324,263.00

  	
   

  	
  USD

  	
   

  	
  Nuclear Power Qinshan Joint
  Venture Co Ltd

  	
   

  	
  July 7,
  2007

  
	
  SB326620

  	
   

  	
  32,000.00

  	
   

  	
  USD

  	
   

  	
  SC Public Svc Authority -
  Santee Cooper

  	
   

  	
  August 27,
  2007

  
	
  SB327238

  	
   

  	
  3,957.40

  	
   

  	
  USD

  	
   

  	
  Chemical &
  Industrial Engineering Inc

  	
   

  	
  May 30,
  2008

  
	
  SB328290

  	
   

  	
  24,000.00

  	
   

  	
  USD

  	
   

  	
  JGC and S&B Joint
  Venture

  	
   

  	
  October 6,
  2007

  
	
  SB330208

  	
   

  	
  1,137,730.00

  	
   

  	
  USD

  	
   

  	
  LG Constructors Inc

  	
   

  	
  June 30,
  2009

  
	
  SB330213

  	
   

  	
  116,630.00

  	
   

  	
  USD

  	
   

  	
  Bateman Chile SA

  	
   

  	
  December 29,
  2008

  
	
  SB331782

  	
   

  	
  128,000.00

  	
   

  	
  USD

  	
   

  	
  Zambia National
  Broadcasting Corp

  	
   

  	
  November 14,
  2007

  
	
  SB331783

  	
   

  	
  51,200.00

  	
   

  	
  USD

  	
   

  	
  Zambia National
  Broadcasting Corp

  	
   

  	
  March 14,
  2009

  
	
  SB331898

  	
   

  	
  15,932.40

  	
   

  	
  USD

  	
   

  	
  Nebraska City Power
  Partners

  	
   

  	
  November 1,
  2009

  
	
  SB332652

  	
   

  	
  44,317.66

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  June 30,
  2008

  
	
  SB336658

  	
   

  	
  500,000.00

  	
   

  	
  USD

  	
   

  	
  Basic Bank Ltd - Bangladesh
  Telecomm

  	
   

  	
  September 30,
  2009

  
	
  SB336661

  	
   

  	
  500,000.00

  	
   

  	
  USD

  	
   

  	
  Basic Bank Ltd - Bangladesh
  Telecomm

  	
   

  	
  September 30,
  2009

  
	
  SB337333

  	
   

  	
  5,473.14

  	
   

  	
  USD

  	
   

  	
  Cerrey SA de CV

  	
   

  	
  June 12,
  2010

  
	
  SB338523

  	
   

  	
  11,378.00

  	
   

  	
  USD

  	
   

  	
  Additional Director,
  Central Power Research

  	
   

  	
  July 27,
  2007

  
	
  SB338864

  	
   

  	
  9,796.20

  	
   

  	
  USD

  	
   

  	
  Foster Wheeler North
  America Corp

  	
   

  	
  December 31,
  2010

  
	
  SB340175

  	
   

  	
  11,378.00

  	
   

  	
  USD

  	
   

  	
  Add’l Director - Central
  Power Research

  	
   

  	
  July 20,
  2007

  
	
  SB340430

  	
   

  	
  227,404.67

  	
   

  	
  USD

  	
   

  	
  Minnesota Pollution Control
  Agency

  	
   

  	
  December 31,
  2007

  
	
  SB340432

  	
   

  	
  15,325.00

  	
   

  	
  USD

  	
   

  	
  Sulzer Pompes France

  	
   

  	
  May 31,
  2010

  
	
  SB340866

  	
   

  	
  128,578.05

  	
   

  	
  USD

  	
   

  	
  BBC World Service - JPMC UK

  	
   

  	
  April 17,
  2008

  
	
  SB346470

  	
   

  	
  48,300.90

  	
   

  	
  USD

  	
   

  	
  Alcan

  	
   

  	
  March 31,
  2008

  
	
  SB347365

  	
   

  	
  1,132,500.00

  	
   

  	
  USD

  	
   

  	
  South Carolina Public
  Service Authority

  	
   

  	
  August 31,
  2007

  
	
  SB348799

  	
   

  	
  37,189.60

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  August 31,
  2007

  
	
  SB348800

  	
   

  	
  38,575.73

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  December 31,
  2007

  
	
  SB348801

  	
   

  	
  88,562.87

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  June 30,
  2008

  
	
  SB348802

  	
   

  	
  131,421.18

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  June 30,
  2008

  
	
  SB348803

  	
   

  	
  95,587.26

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  March 31,
  2008

  
	
  SB348804

  	
   

  	
  94,811.69

  	
   

  	
  USD

  	
   

  	
  Delta-T Corporation

  	
   

  	
  March 31,
  2008

  
	
  SB348805

  	
   

  	
  27,050.12

  	
   

  	
  USD

  	
   

  	
  Black and Veatch

  	
   

  	
  June 12,
  2008

  
	
  SB348806

  	
   

  	
  3,740.00

  	
   

  	
  USD

  	
   

  	
  Babcock & Wilcox

  	
   

  	
  December 31,
  2008

  
	
  SB348814

  	
   

  	
  1,364.00

  	
   

  	
  USD

  	
   

  	
  Babcock & Wilcox

  	
   

  	
  December 31,
  2008

  
	
  SB391004

  	
   

  	
  345,000.00

  	
   

  	
  USD

  	
   

  	
  Ohio Bureau of Workers’
  Compensation

  	
   

  	
  December 31,
  2007

  
	
  SB391427

  	
   

  	
  8,000,000.00

  	
   

  	
  USD

  	
   

  	
  Travelers Indemnity Company

  	
   

  	
  January 14,
  2008

  

 

 

	
  SB392889

  	
   

  	
  11,725,000.00

  	
   

  	
  USD

  	
   

  	
  United States Fidelity and
  Guarantee Co.

  	
   

  	
  January 1,
  2008

  
	
  SB393504

  	
   

  	
  463,615.00

  	
   

  	
  USD

  	
   

  	
  Reliance National Indemnity
  Co.

  	
   

  	
  January 29,
  2008

  
	
  SB613220

  	
   

  	
  19,083.40

  	
   

  	
  USD

  	
   

  	
  Technip Italy SPA

  	
   

  	
  March 31,
  2008

  
	
  SB617063

  	
   

  	
  48,855.99

  	
   

  	
  USD

  	
   

  	
  Marinha Do Brasil

  	
   

  	
  March 22,
  2008

  
	
  SB617685

  	
   

  	
  562,500.00

  	
   

  	
  USD

  	
   

  	
  Gama Endustri Tesisleri
  Imalat

  	
   

  	
  October 31,
  2007

  
	
  SB619909

  	
   

  	
  14,520.84

  	
   

  	
  USD

  	
   

  	
  Premabergo Italiana

  	
   

  	
  October 31,
  2007

  
	
  SB641545

  	
   

  	
  57,634.10

  	
   

  	
  USD

  	
   

  	
  Gama Endustri Tesisleri
  Imalat

  	
   

  	
  October 31,
  2007

  
	
  SB642235

  	
   

  	
  16,975.00

  	
   

  	
  USD

  	
   

  	
  Tate & Lyle
  Sucralose Inc

  	
   

  	
  January 22,
  2008

  
	
  SB643403

  	
   

  	
  75,310.80

  	
   

  	
  USD

  	
   

  	
  Petrofac International Ltd

  	
   

  	
  December 10,
  2007

  
	
  SB643404

  	
   

  	
  21,360.00

  	
   

  	
  USD

  	
   

  	
  ABV Rock Group KB

  	
   

  	
  January 31,
  2008

  
	
  SB643991

  	
   

  	
  35,988.00

  	
   

  	
  USD

  	
   

  	
  HPD LLC

  	
   

  	
  November 10,
  2007

  
	
  SB647514

  	
   

  	
  13,977.50

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  October 15,
  2007

  
	
  SB647516

  	
   

  	
  13,977.50

  	
   

  	
  USD

  	
   

  	
  Dongfang Boiler Group Co
  Ltd

  	
   

  	
  October 15,
  2007

  
	
  SB648089

  	
   

  	
  42,416.00

  	
   

  	
  USD

  	
   

  	
  ICA
  Fluour Daniel S de RL de CV

  	
   

  	
  December 31,
  2007

  
	
  SB648090

  	
   

  	
  49,666.00

  	
   

  	
  USD

  	
   

  	
  Tech Union Development Intl
  Ltd

  	
   

  	
  October 4,
  2007

  
	
  SB648143

  	
   

  	
  17,694.15

  	
   

  	
  USD

  	
   

  	
  The Shaw Group Inc

  	
   

  	
  November 1,
  2007

  
	
  SB649080

  	
   

  	
  17,159.20

  	
   

  	
  USD

  	
   

  	
  The Babcock &
  Wilcox Company

  	
   

  	
  August 22,
  2008

  
	
  TRT5276746

  	
   

  	
  73,500.00

  	
   

  	
  USD

  	
   

  	
  ZHONGSHAN
  FOODSTUFFS & AQUATIC

  	
   

  	
  September 30,
  2007

  
	
  TRT5277020

  	
   

  	
  815,090.00

  	
   

  	
  USD

  	
   

  	
  YEI LI ELECTRICAL WORKS CO

  	
   

  	
  June 30,
  2008

  
	
  TRT5278024

  	
   

  	
  1,021,958.75

  	
   

  	
  USD

  	
   

  	
  HUSAN INDUSTRIAL COMPANY
  LTD

  	
   

  	
  June 1,
  2008

  
	
  TRT64495791

  	
   

  	
  77,250.00

  	
   

  	
  USD

  	
   

  	
  Dongguan Goldkey Import and
  Export

  	
   

  	
  July 30,
  2007

  
	
  TRT64499108

  	
   

  	
  300,000.00

  	
   

  	
  USD

  	
   

  	
  ZHONGSHAN
  FOODSTUFFS & AQUATIC

  	
   

  	
  August 30,
  2008

  

 

 

SCHEDULE
2.6A

FOREIGN TRADE FACILITY BANK GUARANTEES

 

	
  Issuing Bank

  	
   

  	
  Amount

  	
   

  	
  Currency

  	
   

  	
  Beneficiary

  	
   

  	
  Borrowing
  Subsidiary

  
	
  Bank of America N.A.

  	
   

  	
  21,881,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanghai Electric Power
  Generation Group, Shanghai, China

  	
   

  	
  SPX Corporation

  
	
  Bank of America N.A.

  	
   

  	
  19,440,000.00

  	
   

  	
  CNY

  	
   

  	
  Shandong Electric Power
  Engineering Consulting Institute

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  22,380,000.00

  	
   

  	
  CNY

  	
   

  	
  Northwest Electric Power
  Engineering Contracting Corporation, Shannxi Province, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  14,994,604.00

  	
   

  	
  CNY

  	
   

  	
  China National Water
  Resources and Electric Power Materials and Equipment Shanghai Co., Ltd,
  Shanghai

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  21,835,000.00

  	
   

  	
  CNY

  	
   

  	
  Ningxia Datang
  International (Daba) Power Generation Co., Ltd. Ningxia Province, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  1,500,000.00

  	
   

  	
  CNY

  	
   

  	
  Henan Province
  International Trade Tendering Co., Ltd., Henan

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  2,350,000.00

  	
   

  	
  CNY

  	
   

  	
  Luoyang Xin’an Power Group
  Co., Ltd., Henan Province, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  10,630,000.00

  	
   

  	
  CNY

  	
   

  	
  Luoyang Xin’an Power Group
  Co., Henan Province, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  300,000.00

  	
   

  	
  CNY

  	
   

  	
  Jiangsu Suyuan
  Environmental Engineering Co. Ltd., Nanjing, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  250,000.00

  	
   

  	
  CNY

  	
   

  	
  INSIGMA M&E Engineering
  Co., Ltd., Zhe Jiang Province

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  254,276.50

  	
   

  	
  SGD

  	
   

  	
  M+W Zander (S) PTE.
  Ltd., Singapur

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  1,210.00

  	
   

  	
  USD

  	
   

  	
  Bayer Polymers (Shanghai)
  Company, Shanghai, China

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  218,000.00

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources and Electric Power Materials and Equipment Shanghai Co., Ltd.,
  Shanghai

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  330,000.00

  	
   

  	
  USD

  	
   

  	
  Norscan - Tech Limited, c/o
  Trustnet (Cook Island) Limited, Central - Hongkong

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  21,000.00

  	
   

  	
  USD

  	
   

  	
  E and C Engineering
  Corporation, Taipei

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  40,300.00

  	
   

  	
  USD

  	
   

  	
  FORMOSA Heavy Industries
  Corp., Taipei, Taiwan

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  65,000.00

  	
   

  	
  USD

  	
   

  	
  Norscan-Tech Limited,
  Hongkong

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  32,500.00

  	
   

  	
  USD

  	
   

  	
  Norscan-Tech Limited,
  Hongkong

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  14,680.80

  	
   

  	
  USD

  	
   

  	
  Norscan-Tech Limited,
  Central Hong Kong

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  14,800.00

  	
   

  	
  USD

  	
   

  	
  Norscan-Tech Limited, Hong
  Kong

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  7,400.00

  	
   

  	
  USD

  	
   

  	
  Norscan-Tech Limited,
  Hongkong

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of America N.A.

  	
   

  	
  80,000.00

  	
   

  	
  USD

  	
   

  	
  Wuhan Kaidi Electric Power
  Environmental Co., Ltd., Wuhan, P.R. China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of America N.A.

  	
   

  	
  99,000.00

  	
   

  	
  USD

  	
   

  	
  CTCI Corporation, Taipei

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  2,600,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi International
  Bidding Co. Ltd., P.R. China

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  32,925,200.00

  	
   

  	
  CNY

  	
   

  	
  Shaanxi Deyuan Fugu Energy
  Source Co. Ltd., Building A-11, Yudaohuacheng, No. 8 Fengchangyi Road,
  Xian, CN-710016, P.R. China

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  1,332,500.00

  	
   

  	
  CNY

  	
   

  	
  ShanDong SanRong
  Environmental Protection Co. Ltd.,JiNan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  1,332,500.00

  	
   

  	
  CNY

  	
   

  	
  ShanDong SanRong Environmental
  Protection Co. Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  829,297.00

  	
   

  	
  CNY

  	
   

  	
  Hunan Jiaqing Environment
  Protection Equipment Co. Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  4,690,000.00

  	
   

  	
  CNY

  	
   

  	
  Huaneng Power International
  Inc., Beijing CN-100031

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  7,133,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi Luan Roanghai
  Electric Power generating Co. Ltd.

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of China Ltd.

  	
   

  	
  500,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi Pingshuo Meiganshi
  Power Generation Co. Ltd., CN-0360020 Shuozhou, Shjanxi, P.R. China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of China Ltd.

  	
   

  	
  2,500,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi Zhaoguang Electric
  Power Generation Co., Ltd., Shanxi Province, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of China Ltd.

  	
   

  	
  800,000.00

  	
   

  	
  CNY

  	
   

  	
  China CNTC International
  Tendering Corporation, Kun Ming

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of China Ltd.

  	
   

  	
  760,000.00

  	
   

  	
  CNY

  	
   

  	
  China National Machinery
  IMP & EXP., Beijing, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Bank of China Ltd.

  	
   

  	
  27,500.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.
  Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  17,480.00

  	
   

  	
  EUR

  	
   

  	
  China National Machinery
  and Equipment Import and Export Wuxi Co., Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  26,000.00

  	
   

  	
  EUR

  	
   

  	
  Wuhan Dafang Electronic and
  Machinery Co. Ltd. (WDF)

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  75,000.00

  	
   

  	
  EUR

  	
   

  	
  Wuhan Dafang Electronic and
  Machinery Co. Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  62,500.00

  	
   

  	
  EUR

  	
   

  	
  Wuhan Dafang Electronic and
  Machinery Co. Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Bank of China Ltd.

  	
   

  	
  33,548.59

  	
   

  	
  USD

  	
   

  	
  Good Equipment (Hongkong)
  Ltd., Beijing

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  32,000.00

  	
   

  	
  AED

  	
   

  	
  Emirates Industrial Gas.
  Co., Dubai

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  104,800.00

  	
   

  	
  AED

  	
   

  	
  Guardian Zoujaj
  International Float Glass Co. LLC
  (Guaradian Rak), Ras al Khaimah

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  155,000.00

  	
   

  	
  EUR

  	
   

  	
  EDF-Agence Achats Thermique
  Les Collines de L.Arche

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  32,700.00

  	
   

  	
  EUR

  	
   

  	
  CENTOCOR BIOLOGICS
  (IRELAND) LTD., County Cork

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  21,800.00

  	
   

  	
  EUR

  	
   

  	
  Centocor Biologics
  (Ireland) Ltd, County Cork

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  27,500.00

  	
   

  	
  EUR

  	
   

  	
  Bioenergieverbund
  Amstetten GmbH, A-9413 St. Gertraud

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  28,000.00

  	
   

  	
  EUR

  	
   

  	
  Urbas
  Maschinenfabrik Ges.m.b.h., A-9100 Völkermarkt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  7,620.00

  	
   

  	
  EUR

  	
   

  	
  Von Roll Umwelttechnik AG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  10,450.00

  	
   

  	
  EUR

  	
   

  	
  R&Z
  Energie GmbH, St. Gertraud, Österreich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  113,540.00

  	
   

  	
  EUR

  	
   

  	
  L’Oreal Manufactoring UK
  Ltd., Mid Glamorgan, UK

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  125,852.50

  	
   

  	
  EUR

  	
   

  	
  L’Oreal Inc., USA

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  112,940.00

  	
   

  	
  EUR

  	
   

  	
  L’Oreal Saipo Industriale
  SPA

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  280,000.00

  	
   

  	
  EUR

  	
   

  	
  Nuklearna Elektrarna Krsko
  d.o.o., Slovenien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  2,203,543.95

  	
   

  	
  EUR

  	
   

  	
  Mitsubishi Heavy Industries
  Ltd., Yokohama, Japan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  1,772,375.40

  	
   

  	
  EUR

  	
   

  	
  Mitsubishi Corporation (UK)
  Ltd., London

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  97,750.00

  	
   

  	
  EUR

  	
   

  	
  M+W
  Zander Israel Ltd.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  11,257.20

  	
   

  	
  EUR

  	
   

  	
  Samsung Engineering Co.
  Ltd, Seoul, S. Korea

  	
   

  	
  Bran + Luebbe GmbH

  

 

 

	
  Calyon

  	
   

  	
  130,912.96

  	
   

  	
  EUR

  	
   

  	
  Siemens Aktiengesellschaft,
  Erlangen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  98,184.72

  	
   

  	
  EUR

  	
   

  	
  Siemens Aktiengesellschaft,
  Erlangen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  56,924.60

  	
   

  	
  EUR

  	
   

  	
  Electrabel NV, B-1630
  Linkebeek

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  11,317.50

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Energia Oy,
  FIN-78201 Varkaus

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Calyon

  	
   

  	
  27,500.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.
  Ltd., Zigong City, Sichuan, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  33,075.00

  	
   

  	
  EUR

  	
   

  	
  L’Oreal Manufacturing UK
  Ltd., Mid Glamorgan CF 72 8 XW

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  1,931,400.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi Europe GmbH, Duesseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  32,895.00

  	
   

  	
  EUR

  	
   

  	
  L’Oreal Saipo Industriale
  S.P.A., Settimo Torinese/Torino

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  23,600.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Electric
  Corporation, 610036 Sichuan, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  27,500.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.
  Ltd., Zigong, Sichuan Province, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  27,500.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.
  Ltd., Zigong City, Sichuan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  27,500.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.
  Ltd., Zigong City, Sichuan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  8,930.00

  	
   

  	
  EUR

  	
   

  	
  GS Engineering &
  Construction, GS Yeokjeon Bldg., 537 Namdaemun-ro 5 Ga, Joong-Gu, Seoul,
  100-722, South Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  3,630.00

  	
   

  	
  EUR

  	
   

  	
  GS Engineering &
  Construction, GS Yeokjeon Bldg., 537, Namdaemun-ro GA, Joong-Gu, Seoul,
  100-722, South Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  50,634.00

  	
   

  	
  EUR

  	
   

  	
  Siemens Aktiengesellschaft,
  Erlangen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  36,768.75

  	
   

  	
  EUR

  	
   

  	
  L’Oreal
  USA Products Inc., Solon

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  15,851.90

  	
   

  	
  EUR

  	
   

  	
  Electrabel NV, Brüssel,
  Belgium

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  186,638.50

  	
   

  	
  EUR

  	
   

  	
  INA -
  INDUSTRIJA NAFTE D.D., Zagreb

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  9,000.00

  	
   

  	
  EUR

  	
   

  	
  Zaklady
  Azotowe, W TarnowieMoscicach Spolka Akcyjna, Tarnow

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  20,300.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  6,500.00

  	
   

  	
  EUR

  	
   

  	
  Samsung Engineering co.
  Ltd., Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  172,550.00

  	
   

  	
  EUR

  	
   

  	
  Siemens Aktiengesellschaft,
  Erlangen

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  69,020.00

  	
   

  	
  EUR

  	
   

  	
  Siemens Aktiengesellschaft,
  Erlangen

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  86,238.00

  	
   

  	
  EUR

  	
   

  	
  HITAVEITA SUDURNESJA HF,
  Island

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Calyon

  	
   

  	
  12,420.00

  	
   

  	
  EUR

  	
   

  	
  Urbas
  Maschinenfabrik Ges.m.b.H., Völkermarkt, Österreich

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  43,470.00

  	
   

  	
  EUR

  	
   

  	
  Bioenergiezentrum
  GmbH, St. Gertraud, Österreich

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  22,080.00

  	
   

  	
  EUR

  	
   

  	
  Biomasse
  Heizkraftwerk Leiben GmbH, St. Gertraud

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  1,413,720.00

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Power Generation AG, Mannheim

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  63,300.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Centrales,
  Belfort Cedex

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  5,900.00

  	
   

  	
  EUR

  	
   

  	
  URBAS
  Maschinenfabrik Ges. m.b.H., Völkermarkt

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  46,536.60

  	
   

  	
  EUR

  	
   

  	
  Grundfos Management A/S,
  Bjerringbro, Denmark

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  29,250.00

  	
   

  	
  EUR

  	
   

  	
  NEM
  bv, AD Leiden, Niederlande

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  1,108.90

  	
   

  	
  EUR

  	
   

  	
  Mondial Contractors,
  Montplaisir, Tunesien

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  38,500.00

  	
   

  	
  EUR

  	
   

  	
  Shell Eastern Petroleum
  (Pte) Ltd., Singapore

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Calyon

  	
   

  	
  172,550.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Erlangen

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  69,020.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Erlangen

  	
   

  	
  Nema Airfin GmbH

  
	
  Calyon

  	
   

  	
  9,050.45

  	
   

  	
  GBP

  	
   

  	
  Indian Oil Corporation
  Limited, Noida, India

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Calyon

  	
   

  	
  58,050.00

  	
   

  	
  GBP

  	
   

  	
  ARAMCO OVERSEAS CO.B.V.

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Calyon

  	
   

  	
  19,350.00

  	
   

  	
  GBP

  	
   

  	
  ARAMCO OVERSEAS CO.B.V.

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Calyon

  	
   

  	
  60,000.00

  	
   

  	
  GBP

  	
   

  	
  HM Customs and Excise,
  Southend-on-Sea, Essex

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Calyon

  	
   

  	
  100,000.00

  	
   

  	
  GBP

  	
   

  	
  HM Customs and Excise,
  Essex

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  26,574.50

  	
   

  	
  GBP

  	
   

  	
  Origin energy Resources
  (KUPE) Ltd., Wellington

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  88,500.75

  	
   

  	
  GBP

  	
   

  	
  Consorzio o/seas
  Bechtel/Technip It Khursaniyah Gas Plant Project, Rom

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  3,866.10

  	
   

  	
  GBP

  	
   

  	
  Al Ahed Trading &
  Contracting Co. Ltd., Doha

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Calyon

  	
   

  	
  2,105.26

  	
   

  	
  GBP

  	
   

  	
  Sinclair Stainless
  Fabrications Ltd., Norwich

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Calyon

  	
   

  	
  88,500.75

  	
   

  	
  GBP

  	
   

  	
  Aramco Overseas Co. BV, AE
  Leiden, The Netherlands

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  265,502.26

  	
   

  	
  GBP

  	
   

  	
  Aramco
  Overseas Co. B.V., Ae Leiden, Niederlande

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  123,440.70

  	
   

  	
  GBP

  	
   

  	
  M W
  Kellogg Ltd., Greenford, Großbritannien

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  63,931.90

  	
   

  	
  GBP

  	
   

  	
  Bharat Heavy Electricals
  Ltd., Chennai, India

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  7,957.24

  	
   

  	
  GBP

  	
   

  	
  Bharat Heavy Electricals
  Ltd., Chennai, India

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  15,731.00

  	
   

  	
  GBP

  	
   

  	
  ARAMCO
  OVERSEAS CO B.V., AE Leiden, Niederlande

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  31,461.80

  	
   

  	
  GBP

  	
   

  	
  ARAMCO
  OVERSEAS CO B.V., Leiden, Niederlande

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  222,363.90

  	
   

  	
  GBP

  	
   

  	
  JGC Corporation, Yokohama,
  Japan

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  11,720.00

  	
   

  	
  GBP

  	
   

  	
  SK Engineering &
  Construction Co., Seoul

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Calyon

  	
   

  	
  90,000.00

  	
   

  	
  GBP

  	
   

  	
  Petroconst SA, Constanza

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  46,700.00

  	
   

  	
  SGD

  	
   

  	
  Keppel Fels Limited,
  Singapur

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Calyon

  	
   

  	
  46,700.00

  	
   

  	
  SGD

  	
   

  	
  Keppels Fels Limited,
  Singapore

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Calyon

  	
   

  	
  119,500.00

  	
   

  	
  USD

  	
   

  	
  Mitsubishi Heavy
  Industries, Ltd., Japan

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  1,244,667.90

  	
   

  	
  USD

  	
   

  	
  Eastern Petrochemical
  Company, Saudi Arabien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  1,244,667.90

  	
   

  	
  USD

  	
   

  	
  Eastern Petrochemical
  Company, Saudi Arabien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  81,000.00

  	
   

  	
  USD

  	
   

  	
  Saudi Basic Industries
  Corporation, Riyadh

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Calyon

  	
   

  	
  204,492.75

  	
   

  	
  USD

  	
   

  	
  Yanbu National
  Petrochemical Company (YANSAB), Riyadh 11422, Kingdom of Saudi Arabia

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  408,985.50

  	
   

  	
  USD

  	
   

  	
  Yanbu National
  Petrochemical Company (YANSAB), P.O. Box 5101, Riyadh 11422, Kingdom of
  Saudi Arabia

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  283,500.00

  	
   

  	
  USD

  	
   

  	
  Yanbu National
  Petrochemical Company, Saudi Arabia

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Calyon

  	
   

  	
  204,492.75

  	
   

  	
  USD

  	
   

  	
  Yanbu National
  Petrochemical Company (YANSAB), Riyadh

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  31,300.00

  	
   

  	
  USD

  	
   

  	
  Peremba Construction Sudan
  BHD, Shan Alam, Malaysia

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  5,850.00

  	
   

  	
  USD

  	
   

  	
  Yanbu National
  Petrochemical Co., Riyadh, Saudi Arabia

  	
   

  	
  General Signal UK Ltd.

  

 

 

	
  Calyon

  	
   

  	
  182,638.00

  	
   

  	
  USD

  	
   

  	
  Yanbu National
  Petrochemical Company, Saudi Arabien

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  157,781.14

  	
   

  	
  USD

  	
   

  	
  Veco Engineering, Abu Dhabi

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  552,233.98

  	
   

  	
  USD

  	
   

  	
  Veco Engineering, Abu
  Dhabi, V.A.E.

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  16,114.50

  	
   

  	
  USD

  	
   

  	
  Reliance Industries Ltd.,
  Mumbai, India

  	
   

  	
  General Signal UK Ltd.

  
	
  Calyon

  	
   

  	
  11,800.00

  	
   

  	
  USD

  	
   

  	
  Guoxing Tendering
  Corporation Ltd., Haidian District

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Calyon

  	
   

  	
  59,000.00

  	
   

  	
  USD

  	
   

  	
  Tokyo Engineering Korea
  Limited, Seoul

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Calyon

  	
   

  	
  744,442.50

  	
   

  	
  USD

  	
   

  	
  Saudi Kayan Petrochemical
  Company, Surrey

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Calyon

  	
   

  	
  1,488,885.00

  	
   

  	
  USD

  	
   

  	
  Saudi Kayan Petrochemical
  Company, Surrey

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Citibank N.A.

  	
   

  	
  22,039,500.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi Zhangshan Power
  Generation Co., Ltd., Beijing, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Citibank N.A.

  	
   

  	
  25,748,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi Zhaoguang Electric
  Power Co., Ltd., Huozhou City, Shanxi Province, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Citibank N.A.

  	
   

  	
  12,090,000.00

  	
   

  	
  CNY

  	
   

  	
  Datang Environmental
  Technologies and Engineering Co., ltd., Beijing

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Citibank N.A.

  	
   

  	
  13,226,000.00

  	
   

  	
  CNY

  	
   

  	
  Taiyuan Iron &
  Steel Co., Ltd, Taoyuan, China

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Citibank N.A.

  	
   

  	
  24,721,900.00

  	
   

  	
  CNY

  	
   

  	
  Inner Mongolia CHD Tuyou
  Power Generation Co., Ltd., Goumen County Tumoteyou Qi Baotou City

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Citibank N.A.

  	
   

  	
  13,053,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanghai Electric Group Co.
  Ltd., Shanghai

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Citibank N.A.

  	
   

  	
  25,748,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanghai Electric Group
  Co., Ltd., Shanghai

  	
   

  	
  SPX Corporation (China) Co.
  Ltd.

  
	
  Commerzbank AG

  	
   

  	
  16,999,934.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi Electric Engineering

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  580,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Biblis

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  126,959.57

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Duesseldorf AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  31,972.08

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  24,360.00

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  14,020.00

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Duesseldorf AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  184,661.56

  	
   

  	
  EUR

  	
   

  	
  RWE Power
  Aktiengesellschaft

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  83,300.70

  	
   

  	
  EUR

  	
   

  	
  EUROPEAN COMMISSION

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  457,000.00

  	
   

  	
  EUR

  	
   

  	
  Electrabel S.A. -
  Production

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  30,160.00

  	
   

  	
  EUR

  	
   

  	
  MAB Anlagenbau Austria

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  15,000.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Electric
  Corporation

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  49,000.00

  	
   

  	
  EUR

  	
   

  	
  Korea Cottrell Co. Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  112,754.00

  	
   

  	
  EUR

  	
   

  	
  S.A. Cofinimmo

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  31,069.41

  	
   

  	
  EUR

  	
   

  	
  StoraEnso Langerbrugge NV

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  143,000.16

  	
   

  	
  EUR

  	
   

  	
  GEA Energietechnik GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  4,872.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM Power Boiler GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  5,687.10

  	
   

  	
  EUR

  	
   

  	
  Baugesellschaft Walter

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  8,190.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  11,600.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM Power Boiler GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  12,760.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM Power Boiler GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  14,288.00

  	
   

  	
  EUR

  	
   

  	
  Südzucker

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  94,839.43

  	
   

  	
  EUR

  	
   

  	
  Infra Leuna

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  99,640.56

  	
   

  	
  EUR

  	
   

  	
  MAN
  B&W Diesel AG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  107,943.94

  	
   

  	
  EUR

  	
   

  	
  VAW Aluminium

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  139,200.00

  	
   

  	
  EUR

  	
   

  	
  Basell Polyolefine GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  168,200.00

  	
   

  	
  EUR

  	
   

  	
  Basell Polyolefine GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  171,680.00

  	
   

  	
  EUR

  	
   

  	
  Braunschweigische

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  179,800.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Turbinen GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  179,800.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Turbinen GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  237,091.16

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  307,400.00

  	
   

  	
  EUR

  	
   

  	
  Kraftwerk Mehrum GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  10,141.99

  	
   

  	
  EUR

  	
   

  	
  Thyssen Umformtechnik +

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  22,345.69

  	
   

  	
  EUR

  	
   

  	
  Amministrazine finanziaria

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  5,400.00

  	
   

  	
  EUR

  	
   

  	
  Hamon Research-Cottrell
  Italia

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  16,000.00

  	
   

  	
  EUR

  	
   

  	
  Polimeri Europa SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  16,000.00

  	
   

  	
  EUR

  	
   

  	
  POLIMERI Europa SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  109,948.21

  	
   

  	
  EUR

  	
   

  	
  ARBED Building Concepts
  S.A.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  271,100.00

  	
   

  	
  EUR

  	
   

  	
  Bechtel ENKA Holland VoF

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  379,290.00

  	
   

  	
  EUR

  	
   

  	
  Caliqua AG Basel

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  379,290.00

  	
   

  	
  EUR

  	
   

  	
  Caliqua AG Basel

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  734,800.00

  	
   

  	
  EUR

  	
   

  	
  Duro
  Felguera S.A. Energia

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  609,915.94

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  1,387,650.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  1,196,250.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  1,359,810.00

  	
   

  	
  EUR

  	
   

  	
  RWE POWER AG, ESSEN

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  56,500.00

  	
   

  	
  EUR

  	
   

  	
  Abener
  Energia, S.A., Sevilla

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  9,520.88

  	
   

  	
  EUR

  	
   

  	
  Bühler AG, CH-9240 Uzwil

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  20,248.90

  	
   

  	
  EUR

  	
   

  	
  Voestalpine Stahl GmbH,
  Linz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  486,454.00

  	
   

  	
  EUR

  	
   

  	
  Hitaveita Sudurnesja hf,
  Iceland

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  20,000.00

  	
   

  	
  EUR

  	
   

  	
  Hauptzollamt Düsseldorf

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Commerzbank AG

  	
   

  	
  352,050.00

  	
   

  	
  EUR

  	
   

  	
  Standardkessel GmbH, 47138
  Duisburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  840.00

  	
   

  	
  EUR

  	
   

  	
  Daewoo Engineering Company,
  Songnam-City

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  1,130.40

  	
   

  	
  EUR

  	
   

  	
  TOYO Engineering Corp.,
  Seoul, South Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  36,738.75

  	
   

  	
  EUR

  	
   

  	
  L’Oreal Mexico, San
  Bernadino

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  169,277.50

  	
   

  	
  EUR

  	
   

  	
  IHKW
  Industrieheizkraftwerk Andernach GmbH, Freiburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  

 

 

	
  Commerzbank AG

  	
   

  	
  489,447.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, 03185 Peitz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  83,300.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Berlin AG & Co. KG, Berlin

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  272,588.78

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  2,319,999.15

  	
   

  	
  EUR

  	
   

  	
  ALSTOM Power Centrales,
  Levallois Perret Cedex, Frankreich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  994,285.35

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Centrales,
  Levallois Perret Cedex, Frankreich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  28,000.00

  	
   

  	
  EUR

  	
   

  	
  SRS Ecotherm GmbH,
  Salzbergen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  423,193.75

  	
   

  	
  EUR

  	
   

  	
  IHKW
  Industrieheizkraftwerk Andernach GmbH, Freiburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  260,610.00

  	
   

  	
  EUR

  	
   

  	
  Papierfabrik Albbruck GmbH,
  Albbruck

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  11,652.00

  	
   

  	
  EUR

  	
   

  	
  Daelim Industrial Co. Ltd.,
  Seoul, Südkorea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  11,652.00

  	
   

  	
  EUR

  	
   

  	
  Daelim Industrial Co. Ltd.,
  Seoul, Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  11,652.00

  	
   

  	
  EUR

  	
   

  	
  Daelim Industrial Co. Ltd.,
  Seoul, Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  7,430.00

  	
   

  	
  EUR

  	
   

  	
  SK Engineering &
  Construction, Seoul, Südkorea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  7,430.00

  	
   

  	
  EUR

  	
   

  	
  SK Engineering &
  Construction, Seoul, Südkorea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  1,086.10

  	
   

  	
  EUR

  	
   

  	
  Egyptian Co. For
  Fertilizers, Giza, Egypt

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  103,530.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  57,800.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.,
  Ltd., Sichuan, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  57,800.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.,
  Ltd., Sichuang Province, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  57,800.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.,
  Ltd. Sichuan Province, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  90,815.00

  	
   

  	
  EUR

  	
   

  	
  GEP UK Ltd., London,
  Grossbritannien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  33,320.00

  	
   

  	
  EUR

  	
   

  	
  SRS Ecotherm GmbH,
  Salzbergen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  19,658.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Bad Soden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  2,382,028.00

  	
   

  	
  EUR

  	
   

  	
  ThyssenKrupp Steel AG,
  Duisburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  117,582.92

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  Nema Airfin GmbH

  
	
  Commerzbank AG

  	
   

  	
  174,890.18

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Düsseldorf AG,
  Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  24,161.40

  	
   

  	
  EUR

  	
   

  	
  MAN Ferrostaal AG, Essen

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Commerzbank AG

  	
   

  	
  73,400.00

  	
   

  	
  EUR

  	
   

  	
  OMV Gas GmbH, Wien

  	
   

  	
  Nema Airfin GmbH

  
	
  Commerzbank AG

  	
   

  	
  71,400.00

  	
   

  	
  EUR

  	
   

  	
  Bernd
  Meinken, Haltern am See

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  Commerzbank AG

  	
   

  	
  68,481.65

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Peitz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  48,600.00

  	
   

  	
  EUR

  	
   

  	
  Caliqua AG, Basel

  	
   

  	
  Nema Airfin GmbH

  
	
  Commerzbank AG

  	
   

  	
  26,418.00

  	
   

  	
  EUR

  	
   

  	
  Ruhr Oel GmbH,
  Gelsenkirchen

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Commerzbank AG

  	
   

  	
  230,000.00

  	
   

  	
  EUR

  	
   

  	
  Von
  Roll Umwelttechnik AG, Zürich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  230,000.00

  	
   

  	
  EUR

  	
   

  	
  Von
  Roll Umwelttechnik AG, Zürich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  1,309,000.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Cottbus

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Commerzbank AG

  	
   

  	
  17,500.00

  	
   

  	
  GBP

  	
   

  	
  Technimont SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  27,700.00

  	
   

  	
  GBP

  	
   

  	
  Mitsubishi Corporation

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  71,145.20

  	
   

  	
  GBP

  	
   

  	
  PCC (UK) Limited

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  9,559.50

  	
   

  	
  GBP

  	
   

  	
  Smith & Nephew
  Medical Ltd., Hull, Grossbritannien

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Commerzbank AG

  	
   

  	
  37,513.00

  	
   

  	
  GBP

  	
   

  	
  ENPPI, Cairo

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Commerzbank AG

  	
   

  	
  101,600.00

  	
   

  	
  SGD

  	
   

  	
  M+W
  Zander - Samsung JV, Singapore

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  302,500.00

  	
   

  	
  USD

  	
   

  	
  EDF International S.A.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  1,570,000.00

  	
   

  	
  USD

  	
   

  	
  Abener Energia Ingenieria y

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  161,165.00

  	
   

  	
  USD

  	
   

  	
  Cooling Tower WA Pty. Ltd.,
  WA 6100 Victoria Park

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Commerzbank AG

  	
   

  	
  780,000.00

  	
   

  	
  USD

  	
   

  	
  JGC Corporation, Yokohama

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Commerzbank AG

  	
   

  	
  600,000.00

  	
   

  	
  USD

  	
   

  	
  JGC Corporation, Yokohama

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  22,600.00

  	
   

  	
  AED

  	
   

  	
  Jebel Ali Free Zone
  Authority

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  670,000.00

  	
   

  	
  AED

  	
   

  	
  Trans Gulf
  Electro-Mechanical

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  250,000.00

  	
   

  	
  CHF

  	
   

  	
  BHF-Bank
  Aktiengesellschaft, Frankfurt am Main

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,901,619.50

  	
   

  	
  CNY

  	
   

  	
  Shanxi Jinneng Group Datong
  Thermal

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  26,592,000.00

  	
   

  	
  CNY

  	
   

  	
  Shanxi Datang International

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,728,800.00

  	
   

  	
  CNY

  	
   

  	
  China National Water
  Resources &

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  56,391,268.50

  	
   

  	
  CNY

  	
   

  	
  BHF-Bank
  Aktiengesellschaft, Frankfurt am Main

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  29,566,497.10

  	
   

  	
  CNY

  	
   

  	
  China National Water
  Resources & Electric Power Materials & Equipment Co., Ltd,
  (CWEME), Bejing, China

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,380.00

  	
   

  	
  EUR

  	
   

  	
  Linde-KCA-Dresden GmbH,

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  766.94

  	
   

  	
  EUR

  	
   

  	
  zuständiges Hauptzollamt

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  19,956.00

  	
   

  	
  EUR

  	
   

  	
  Du Pont Performance
  Coatings

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  857.24

  	
   

  	
  EUR

  	
   

  	
  XSTRATA ZINK GMBH,

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  525,503.10

  	
   

  	
  EUR

  	
   

  	
  Nopa, Nordisk
  Parfumerievarefabrik

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  18,268.80

  	
   

  	
  EUR

  	
   

  	
  Lukoil Neftochim Bourgas AD

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,974.40

  	
   

  	
  EUR

  	
   

  	
  El Nasil Co. for
  Intermediate

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,670.00

  	
   

  	
  EUR

  	
   

  	
  Tecnicas Reunidas, S.A.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  53,805.83

  	
   

  	
  EUR

  	
   

  	
  Shanghai BASF Polyurethane

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,036.20

  	
   

  	
  EUR

  	
   

  	
  Huntsman Polyurethanes
  Shanghai

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  555.00

  	
   

  	
  EUR

  	
   

  	
  Shanghai Lianheng
  Isocyanate

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  29,231.77

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  20,404.64

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,144.39

  	
   

  	
  EUR

  	
   

  	
  XSTRATA ZINK GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  5,520.00

  	
   

  	
  EUR

  	
   

  	
  Linde-KCA-Dresden GmbH,

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  81,295.41

  	
   

  	
  EUR

  	
   

  	
  Polski Konzern Naftowy SA

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  18,444.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,978.46

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,978.46

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,978.69

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Bran + Luebbe GmbH

  

 

 

	
  Deutsche Bank AG

  	
   

  	
  9,224.70

  	
   

  	
  EUR

  	
   

  	
  Du Pont Performance Coatings

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  8,351.10

  	
   

  	
  EUR

  	
   

  	
  M+W Zander Hungaria KFT,

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,652.00

  	
   

  	
  EUR

  	
   

  	
  Du Pont Performance Coatings

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,074.90

  	
   

  	
  EUR

  	
   

  	
  Du Pont Performance Coatings

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  43,359.67

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  26,640.70

  	
   

  	
  EUR

  	
   

  	
  Kvaerner Process (Netherlands) BV

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,360.34

  	
   

  	
  EUR

  	
   

  	
  Stadt Wegberg

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  57,038.94

  	
   

  	
  EUR

  	
   

  	
  Linde KCA, Dresden GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  4,578.87

  	
   

  	
  EUR

  	
   

  	
  Total Raffinerie Mitteldeutschland

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,771.32

  	
   

  	
  EUR

  	
   

  	
  Xstrata Zink GmbH, Nordenham

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  17,000.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,719.05

  	
   

  	
  EUR

  	
   

  	
  Sidi Kerir Petrochemicals Co.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  50,000.00

  	
   

  	
  EUR

  	
   

  	
  Ferrostaal AG

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  105,203.60

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  14,500.00

  	
   

  	
  EUR

  	
   

  	
  Babcock Industrierohr-

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  14,500.00

  	
   

  	
  EUR

  	
   

  	
  Stahlwerke Bremen GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  32,552.50

  	
   

  	
  EUR

  	
   

  	
  Wingas GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  32,552.50

  	
   

  	
  EUR

  	
   

  	
  Wingas GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  199,500.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG Power Generation

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,040,500.00

  	
   

  	
  EUR

  	
   

  	
  Mitsubishi Corporation

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  275,000.00

  	
   

  	
  EUR

  	
   

  	
  Von Roll Umwelttechnik AG

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  304,957.97

  	
   

  	
  EUR

  	
   

  	
  E.ON Ruhrgas AG

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  31,540.00

  	
   

  	
  EUR

  	
   

  	
  Wingas GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  84,100.00

  	
   

  	
  EUR

  	
   

  	
  EnBW Kraftwerke AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  136,940.90

  	
   

  	
  EUR

  	
   

  	
  EnBW Kraftwerke AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  40,017.91

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  25,636.00

  	
   

  	
  EUR

  	
   

  	
  DOMO Caproleuna GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  25,125.00

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Energie GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  8,636.20

  	
   

  	
  EUR

  	
   

  	
  Shell Deutschland Oil GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,750.00

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  94,500.00

  	
   

  	
  EUR

  	
   

  	
  Holzindustrie Hunsrück

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  36,550.00

  	
   

  	
  EUR

  	
   

  	
  Bandar Imam Petrochemical Co.

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  437,076.40

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  12,493.20

  	
   

  	
  EUR

  	
   

  	
  Spilling Energie Systeme GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  165,000.00

  	
   

  	
  EUR

  	
   

  	
  Xstrata Zink GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,240.00

  	
   

  	
  EUR

  	
   

  	
  Lurgi Lentjes Service GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  22,330.00

  	
   

  	
  EUR

  	
   

  	
  IAG Industrie-Anlagen Bau

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  18,750.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  24,143.01

  	
   

  	
  EUR

  	
   

  	
  Shell Deutschland Oil GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  210,000.00

  	
   

  	
  EUR

  	
   

  	
  Ansaldo Energia S.p.A.

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,340.00

  	
   

  	
  EUR

  	
   

  	
  Kraftanlagen München GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,500.00

  	
   

  	
  EUR

  	
   

  	
  CASCO INDUSTRIES SAS

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  307,500.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  11,800.68

  	
   

  	
  EUR

  	
   

  	
  Polysius AG

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  9,400.00

  	
   

  	
  EUR

  	
   

  	
  VOEST-ALPINE Industrieanlagenbau

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  12,760.00

  	
   

  	
  EUR

  	
   

  	
  KANZLER VERFAHRENSTECHNIK

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  114,696.40

  	
   

  	
  EUR

  	
   

  	
  CNIM

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  32,753.13

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,375,548.88

  	
   

  	
  EUR

  	
   

  	
  PCK Raffinerie GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  130,000.00

  	
   

  	
  EUR

  	
   

  	
  Electrabel S.A.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  299,280.00

  	
   

  	
  EUR

  	
   

  	
  GE Bayer Silicones
  GmbH & Co. KG, Leverkusen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  980,667.00

  	
   

  	
  EUR

  	
   

  	
  Orkuveita Rey Javikur Baerjarhalsi, Reykjavik

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  24,000.00

  	
   

  	
  EUR

  	
   

  	
  Lenzing AG, Östereich

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  32,182.00

  	
   

  	
  EUR

  	
   

  	
  Akzo Nobel Functional Chemicals B.V., Amersfoort

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,547,417.72

  	
   

  	
  EUR

  	
   

  	
  RWE Rheinbraun AG, Köln

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  27,500.00

  	
   

  	
  EUR

  	
   

  	
  Hangzhou Boiler Group Co. Ltd., Hangzhou

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  406,000.00

  	
   

  	
  EUR

  	
   

  	
  Infracor GmbH, Marl

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,181,946.20

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,928,488.97

  	
   

  	
  EUR

  	
   

  	
  BHF-Bank AG, Frankfurt/Main

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  113,215.00

  	
   

  	
  EUR

  	
   

  	
  Kosmepol Sp. Zo.o.,
  Kanie/Poland

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,500.00

  	
   

  	
  EUR

  	
   

  	
  Samsung Engineering Co. Ltd., Seoul, Südkorea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,714.48

  	
   

  	
  EUR

  	
   

  	
  Xstrata Zink GmbH, Nordenham

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  123,977.50

  	
   

  	
  EUR

  	
   

  	
  Procosa produtos de Belza
  Ltda., Brasilien

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  299,932.50

  	
   

  	
  EUR

  	
   

  	
  VA Tech Hydro GmbH & Co., Wien, Austria

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  60,000.00

  	
   

  	
  EUR

  	
   

  	
  Tecnicas Reunidas, S.A.,
  Madrid

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  75,000.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM Switzerland, Baden, Schweiz

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  22,712.80

  	
   

  	
  EUR

  	
   

  	
  Mark-E Aktiengesellschaft, Hagen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  110,000.00

  	
   

  	
  EUR

  	
   

  	
  Biomasse-Heizkraftwerk Ilmenau
  GmbH (BHI GmbH)

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  27,000.00

  	
   

  	
  EUR

  	
   

  	
  HOLMEN PAPER MADRID, S.L.

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  12,448.70

  	
   

  	
  EUR

  	
   

  	
  Elektrabel NV, Brussel

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  9,128.70

  	
   

  	
  EUR

  	
   

  	
  Elektrabel NV, Brussel

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  30,242.40

  	
   

  	
  EUR

  	
   

  	
  Voest-Alpine
  Industrieanlagenbau GmbH & Co, Linz

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  179,127.20

  	
   

  	
  EUR

  	
   

  	
  SASOL Solvents Germany GmbH

  	
   

  	
  Bran + Luebbe GmbH

  

 

 

	
  Deutsche Bank AG

  	
   

  	
  11,500.00

  	
   

  	
  EUR

  	
   

  	
  Korea Cottrell Co., Ltd.,
  Seoul

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  556,612.50

  	
   

  	
  EUR

  	
   

  	
  Vattenfall Europe Waste to
  Energy GmbH, Hamburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  8,251.60

  	
   

  	
  EUR

  	
   

  	
  Putkimaa Oy, Oulu, Finnland

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  103,240.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  258,912.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, 45128 Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  672,800.00

  	
   

  	
  EUR

  	
   

  	
  SRS EcoTherm GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  54,664.50

  	
   

  	
  EUR

  	
   

  	
  Statoil A/S Kalundborg
  Refinery

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  38,419.20

  	
   

  	
  EUR

  	
   

  	
  L’Oreal
  Produktion Deutschland GmbH & Co. KG, Karlsruhe

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  20,996.00

  	
   

  	
  EUR

  	
   

  	
  Linde
  AG, Dr. Carl-von-Linde-Str. 6-14, 82049
  Hoellriegelskreuth

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  99,990.00

  	
   

  	
  EUR

  	
   

  	
  Electrabel
  NV, Regentlaan 8, 1000 Brussel, Belgium

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  40,300.00

  	
   

  	
  EUR

  	
   

  	
  Electrabel
  N.V., Regentlaan 8, 1000 Brussel, Belgien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  24,109.40

  	
   

  	
  EUR

  	
   

  	
  Van Kleef Holding Beschop
  B.V., Waardsedijk 59, 3425 TC Snelrewaard, Netherlands

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  13,800.00

  	
   

  	
  EUR

  	
   

  	
  HPD Process Engineering,
  S.A., Avda. Neguri, 9-1, 48992 Getxo (Vizcaya) - Spain

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,825.00

  	
   

  	
  EUR

  	
   

  	
  Sté Industrielle LESAFFRE,
  137 Rue Gabriel Péri, BP 3029, F-59700 MARCQ EN Baroeul, France

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  17,040.00

  	
   

  	
  EUR

  	
   

  	
  Air
  Liquide Austria GmbH, Sendnergasse 30, 2320 Schwechat

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  75,750.00

  	
   

  	
  EUR

  	
   

  	
  CENTRAAL BTW-KANTOOR VOOR

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,472.00

  	
   

  	
  EUR

  	
   

  	
  IAG
  Industrie-Anlagen-BAU Georgsmarienhütte GmbH, Georgsmarienhütte

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,200,984.00

  	
   

  	
  EUR

  	
   

  	
  ThyssenKrupp Steel AG,
  Duisburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,500.00

  	
   

  	
  EUR

  	
   

  	
  DOMO CAPROLEUNA GmbH, Leuna

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  32,977.50

  	
   

  	
  EUR

  	
   

  	
  Kosmepol Sp z.o.o., PL
  05-805 Kanie

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,580.26

  	
   

  	
  EUR

  	
   

  	
  Linde-KCA-Dresden
  GmbH, Dresden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,300.00

  	
   

  	
  EUR

  	
   

  	
  Samsung Heavy Industries
  Co. Ltd, Gyungnam, Südkorea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  13,210.00

  	
   

  	
  EUR

  	
   

  	
  Atlas Copco Compresseurs
  S.A.S., Cergy Pontoise Cedex

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  13,210.00

  	
   

  	
  EUR

  	
   

  	
  Atlas Copco Compresseurs
  S.A.S, Cergy Pontoise Cedex

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  174,183.28

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  16,472.02

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Bad Soden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  8,363.40

  	
   

  	
  EUR

  	
   

  	
  AE &
  E Inova, Zweigniederlassung Köln

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  12,545.10

  	
   

  	
  EUR

  	
   

  	
  AE &
  E Inova, Zweigniederlassung Köln

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  14,940.68

  	
   

  	
  EUR

  	
   

  	
  AE &
  E Inova, Zweigniederlassung Köln

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  9,960.46

  	
   

  	
  EUR

  	
   

  	
  AE &
  E Inova, Zweigniederlassung Köln

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  14,950.00

  	
   

  	
  EUR

  	
   

  	
  C.T.
  Andasol Uno Ute, C/Cardenal Marcelo Spinola 10, 28016 Madrid

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  55,293.95

  	
   

  	
  EUR

  	
   

  	
  Megal-GmbH
  Mittel-Europäische Gasleitungsgesellschaft, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  294,290.00

  	
   

  	
  EUR

  	
   

  	
  Prokon
  Nord Energiesystem GmbH, Leer

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,391.80

  	
   

  	
  EUR

  	
   

  	
  S.A.
  Industria Celulosa Aragonesa (S.A.I.C.A.), Zaragoza

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,615.00

  	
   

  	
  EUR

  	
   

  	
  S.A.
  Industrias Celulosa Aragonesa (S.A.I.C.A.), Zaragoza

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,450.00

  	
   

  	
  EUR

  	
   

  	
  LG Chemical Ltd., Seosang-City,
  South Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  4,054.00

  	
   

  	
  EUR

  	
   

  	
  Hidroambiente, S.A.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,931,175.00

  	
   

  	
  EUR

  	
   

  	
  MC Power Project
  Management, S.L., Madrid, Spanien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  21,485.52

  	
   

  	
  EUR

  	
   

  	
  Linde AG, Höllriegelskreuth

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  5,300.00

  	
   

  	
  EUR

  	
   

  	
  GS E&C Corporation,
  Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  5,300.00

  	
   

  	
  EUR

  	
   

  	
  GS
  E&C Corp., Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  5,300.00

  	
   

  	
  EUR

  	
   

  	
  GS E&C Corporation,
  Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  4,000.00

  	
   

  	
  EUR

  	
   

  	
  Daelim Industrial Co. Ltd.,
  Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  11,000.00

  	
   

  	
  EUR

  	
   

  	
  GS Engineering and
  Construction Corp., Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  252,860.00

  	
   

  	
  EUR

  	
   

  	
  Caliqua AG Brasil, Basel

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  31,320.00

  	
   

  	
  EUR

  	
   

  	
  Saint-Gobain
  Isover G+H AG, Ludwigshafen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,380.00

  	
   

  	
  EUR

  	
   

  	
  Jünger
  + Gräter GmbH, Feuerfestbau, Schwetzingen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  8,671.58

  	
   

  	
  EUR

  	
   

  	
  Infraleuna
  Infrastruktur und Service GmbH, Leuna

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  158,120.99

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  225,960.00

  	
   

  	
  EUR

  	
   

  	
  Von
  Roll Umwelttechnik AG, Zürich

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  40,000.00

  	
   

  	
  EUR

  	
   

  	
  Tate &
  Lyle Spain S.A., Zaragoza

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,728.00

  	
   

  	
  EUR

  	
   

  	
  Saint-Gobain Isover G+H AG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,500.00

  	
   

  	
  EUR

  	
   

  	
  Ottilie Overkämping,
  Mönchengladbach

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  14,110.00

  	
   

  	
  EUR

  	
   

  	
  Papelera
  Guipuzcoana de Zicunaga, S.A.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,037.00

  	
   

  	
  EUR

  	
   

  	
  Otto Luft- und Klimatechnik

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  6,530.00

  	
   

  	
  EUR

  	
   

  	
  Imtech
  Deutschland GmbH & Co. KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,363.25

  	
   

  	
  EUR

  	
   

  	
  Imtech
  Deutschland GmbH & Co. KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,376.94

  	
   

  	
  EUR

  	
   

  	
  Imtech
  Deuschland GmbH & Co. KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  6,555.20

  	
   

  	
  EUR

  	
   

  	
  Imtech
  Deutchland GmbH & Co. KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,379.20

  	
   

  	
  EUR

  	
   

  	
  Dräger Medical ANSY GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  732.04

  	
   

  	
  EUR

  	
   

  	
  Imtech
  Deutschland GmbH & Co. KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  929.25

  	
   

  	
  EUR

  	
   

  	
  Zimmer & Hälbig
  GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  3,066.35

  	
   

  	
  EUR

  	
   

  	
  W+S Wärme &
  Sanitär

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,147.68

  	
   

  	
  EUR

  	
   

  	
  Imtech
  Deutschland GmbH & Co. KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,893.00

  	
   

  	
  EUR

  	
   

  	
  Wunner GmbH & Co.
  KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  34,384.76

  	
   

  	
  EUR

  	
   

  	
  Dräger Medical ANSY GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,588.00

  	
   

  	
  EUR

  	
   

  	
  Caliqua-Bormann
  GmbH & Co. KG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  802.28

  	
   

  	
  EUR

  	
   

  	
  Phoenix AG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  

 

 

	
  Deutsche Bank AG

  	
   

  	
  2,378.00

  	
   

  	
  EUR

  	
   

  	
  Monsum GmbH Frankfurt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,490.31

  	
   

  	
  EUR

  	
   

  	
  LUWA GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,365.99

  	
   

  	
  EUR

  	
   

  	
  Monsum GmbH Frankfurt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,878.42

  	
   

  	
  EUR

  	
   

  	
  LTA Lufttechnische Anlagen
  GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,143.10

  	
   

  	
  EUR

  	
   

  	
  Phoenix AG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  999.60

  	
   

  	
  EUR

  	
   

  	
  Hans Schinabeck

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,110.57

  	
   

  	
  EUR

  	
   

  	
  Phoenix AG

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  3,000.00

  	
   

  	
  EUR

  	
   

  	
  Pleitz GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,671.52

  	
   

  	
  EUR

  	
   

  	
  Otto Luft- und Klimatechnik

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  5,613.05

  	
   

  	
  EUR

  	
   

  	
  Pleitz GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,712.00

  	
   

  	
  EUR

  	
   

  	
  Monsum GmbH Frankfurt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  5,303.95

  	
   

  	
  EUR

  	
   

  	
  Monsum GmbH Frankfurt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,832.69

  	
   

  	
  EUR

  	
   

  	
  Ga-tec
  Gebäude- u. Anlagentechnik

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  5,365.57

  	
   

  	
  EUR

  	
   

  	
  HKT GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,105.00

  	
   

  	
  EUR

  	
   

  	
  LTA Lufttechnische Anlagen
  GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,480.00

  	
   

  	
  EUR

  	
   

  	
  Firma Klima Schröder

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,636.91

  	
   

  	
  EUR

  	
   

  	
  HSE-Haustechnik GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  6,285.28

  	
   

  	
  EUR

  	
   

  	
  LST Luft-, Sanitär-
  Klimatechnik

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,630.24

  	
   

  	
  EUR

  	
   

  	
  LUKA

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,247.10

  	
   

  	
  EUR

  	
   

  	
  Karl Lausser GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  798.76

  	
   

  	
  EUR

  	
   

  	
  Ga-tec
  Gebäude- u. Anlagentechnik

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,167.06

  	
   

  	
  EUR

  	
   

  	
  Karl Lausser GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  8,117.57

  	
   

  	
  EUR

  	
   

  	
  Dräger Medical ANSY GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,457.34

  	
   

  	
  EUR

  	
   

  	
  HSK Gebäudetechnik GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,997.08

  	
   

  	
  EUR

  	
   

  	
  KTK Zentralheizungsbau GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  880.53

  	
   

  	
  EUR

  	
   

  	
  Berger & Co.
  Heizungs-, Klima

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,628.40

  	
   

  	
  EUR

  	
   

  	
  INTEC Versorgungstechnik
  GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  540.41

  	
   

  	
  EUR

  	
   

  	
  Suchfort Anlagenbau GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  5,045.06

  	
   

  	
  EUR

  	
   

  	
  INTEC Versorgungstechnik
  GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,559.76

  	
   

  	
  EUR

  	
   

  	
  Ga-tec
  Gebäude- u. Anlagentechnik

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,006.77

  	
   

  	
  EUR

  	
   

  	
  KTK Zentralheizungsbau GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,785.00

  	
   

  	
  EUR

  	
   

  	
  Ing. Carl Friedmann
  GmbH & Co.

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  3,600.00

  	
   

  	
  EUR

  	
   

  	
  Kliniken
  Uelzen und Bad Bevensen

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  28,000.00

  	
   

  	
  EUR

  	
   

  	
  Kab Takuma GmbH, Berlin

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,985.31

  	
   

  	
  EUR

  	
   

  	
  Zimmer & Hälbig
  GmbH, Bielefeld

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,930.00

  	
   

  	
  EUR

  	
   

  	
  Solvay Infra GmbH, Bernburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  14,950.00

  	
   

  	
  EUR

  	
   

  	
  CT
  Andasol DOS UTE, Madrid, Spanien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  49,500.00

  	
   

  	
  EUR

  	
   

  	
  C.T.ANDASOL
  DOS UTE, Madrid, Spanien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  96,675.00

  	
   

  	
  EUR

  	
   

  	
  CT
  Andasol Dos Ute, Madrid, Spanien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,165.00

  	
   

  	
  EUR

  	
   

  	
  SK Engineering + Construction,
  Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,308.86

  	
   

  	
  EUR

  	
   

  	
  Suchfort
  Anlagenbau Gm bH & Co., 37079 Göttingen

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  822.80

  	
   

  	
  EUR

  	
   

  	
  M+W
  Zander Gebäudetechnik GmbH, 04356 Leipzig

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,718.65

  	
   

  	
  EUR

  	
   

  	
  Zimmer + Hälbig GmbH, 33659
  Bielefeld

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  508.50

  	
   

  	
  EUR

  	
   

  	
  Phoenix AG, 60386 Frankfurt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  251,450.00

  	
   

  	
  EUR

  	
   

  	
  Mitsubishi Heavy Industries
  Ltd., Yokohama 220-8401, Japan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,257,906.00

  	
   

  	
  EUR

  	
   

  	
  ThyssenKrupp Steel AG,
  47166 Duisburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  157,500.00

  	
   

  	
  EUR

  	
   

  	
  AREVA NP GmbH, Erlangen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,309.78

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,449.93

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,526.53

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,493.63

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,060.99

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,992.63

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  7,525.81

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  5,489.67

  	
   

  	
  EUR

  	
   

  	
  Axima GmbH, Stuttgart

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  43,434.97

  	
   

  	
  EUR

  	
   

  	
  Städtische Krankenhäuser
  Krefeld, Krefeld

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  8,523.34

  	
   

  	
  EUR

  	
   

  	
  Schenk &
  Plomer GmbH, Altheim/Essenbach

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,385.52

  	
   

  	
  EUR

  	
   

  	
  Schenk &
  Plomer GmbH, Altheim/Essenbach

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  568.59

  	
   

  	
  EUR

  	
   

  	
  Christoffers
  GmbH & Co. KG, Delmenhorst

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,423.99

  	
   

  	
  EUR

  	
   

  	
  Klimabau
  Gesellschaft f. Lufttechnische Anlagen mbH, Frankfurt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  572.81

  	
   

  	
  EUR

  	
   

  	
  Stangl GmbH, Halle

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,495.19

  	
   

  	
  EUR

  	
   

  	
  Stangl GmbH, Halle

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  14,589.24

  	
   

  	
  EUR

  	
   

  	
  Stangl GmbH, Halle

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  3,208.30

  	
   

  	
  EUR

  	
   

  	
  M+W
  Zander Gebäudetechnik GmbH, Hamburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  4,016.85

  	
   

  	
  EUR

  	
   

  	
  HiServ
  Gebäudedienstleistungen GmbH, Düsseldorf

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  9,896.54

  	
   

  	
  EUR

  	
   

  	
  HiServ
  Gebäudedienstleistungen GmbH, Düsseldorf

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,637.71

  	
   

  	
  EUR

  	
   

  	
  HiServ
  Gebäudedienstleistungen GmbH, Hannover

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  3,040.45

  	
   

  	
  EUR

  	
   

  	
  M+W
  Zander Gebäudetechnik GmbH, Hamburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  3,628.42

  	
   

  	
  EUR

  	
   

  	
  M+W
  Zander Gebäudetechnik GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,992.43

  	
   

  	
  EUR

  	
   

  	
  M+W Zander Gebäudetechnik
  GmbH, Rostock

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  762.34

  	
   

  	
  EUR

  	
   

  	
  M+W
  Zander Energie+Anlagen GmbH, Kulmbach

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  10,218.05

  	
   

  	
  EUR

  	
   

  	
  AE &
  E Inova GmbH, Köln

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  13,463.32

  	
   

  	
  EUR

  	
   

  	
  Vestolit GmbH &
  Co. KG, Marl

  	
   

  	
  Bran + Luebbe GmbH

  

 

 

	
  Deutsche Bank AG

  	
   

  	
  11,060.71

  	
   

  	
  EUR

  	
   

  	
  Krankenhaus
  Forchheim der Vereinigten Pfündnerstiftungen, Forchheim

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,663.35

  	
   

  	
  EUR

  	
   

  	
  L+K
  Luft-Klima-Anlagenbau GmbH & Co. KG, Münster

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,088.79

  	
   

  	
  EUR

  	
   

  	
  L+K
  Luft-Klima-Anlagenbau GmbH & Co. KG, Münster

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  780.36

  	
   

  	
  EUR

  	
   

  	
  Stulz GmbH, Hamburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  2,916.99

  	
   

  	
  EUR

  	
   

  	
  ABB Gebäudetechnik AG,
  Hamburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  5,549.44

  	
   

  	
  EUR

  	
   

  	
  ABB Gebäudetechnik AG,
  Hamburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  599.72

  	
   

  	
  EUR

  	
   

  	
  ABB Gebäudetechnik AG,
  Hamburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  731.84

  	
   

  	
  EUR

  	
   

  	
  J. Wolfferts GmbH, Berlin

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  3,758.53

  	
   

  	
  EUR

  	
   

  	
  J. Wolfferts GmbH, Berlin

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  591.15

  	
   

  	
  EUR

  	
   

  	
  J.
  Wolfferts GmbH, Köln-Porz-Eil

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  638.14

  	
   

  	
  EUR

  	
   

  	
  Max
  Schuster Wärme-Kälte-Klima GmbH & Co. KG, Neusäß

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,282.29

  	
   

  	
  EUR

  	
   

  	
  GTB
  Grundstücksgesellschaft mbH, Bad Neustadt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,638.81

  	
   

  	
  EUR

  	
   

  	
  GTB
  Grundstücksgesellschaft mbH, Bad Neustadt

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  357,376.04

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  67,235.00

  	
   

  	
  EUR

  	
   

  	
  Babcock
  Borsig Service GmbH, Oberhausen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  734,514.65

  	
   

  	
  EUR

  	
   

  	
  Orkuveita Reykjavikur

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  39,188.50

  	
   

  	
  EUR

  	
   

  	
  Chemoprojekt, A.S., Prag

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  21,306.47

  	
   

  	
  EUR

  	
   

  	
  Sasol Solvents Germany GmbH,
  Moers

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  31,744.44

  	
   

  	
  EUR

  	
   

  	
  Solvay Infra GmbH, Bernburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  461,529.60

  	
   

  	
  EUR

  	
   

  	
  RWE DEA AG

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  54,621.00

  	
   

  	
  EUR

  	
   

  	
  Bayer Crop Science GmbH

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  131,250.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  522,707.50

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  5,877.00

  	
   

  	
  EUR

  	
   

  	
  Ga-Tec
  Gebäude- u. Anlagentechnik GmbH, München

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,623.83

  	
   

  	
  EUR

  	
   

  	
  HiServ
  Gebäudedienstleistungen GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  7,664.12

  	
   

  	
  EUR

  	
   

  	
  Hager + Elsaesser GmbH,
  Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  240,000.00

  	
   

  	
  EUR

  	
   

  	
  KAB Takuma GmbH, Berlin

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,365.00

  	
   

  	
  EUR

  	
   

  	
  Hangzhou Steam Turbine Co.
  Ltd., Hangzhou, China

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  8,032.50

  	
   

  	
  EUR

  	
   

  	
  Jacobs Projects GmbH, Köln

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  12,136.70

  	
   

  	
  EUR

  	
   

  	
  Alstom Switzerland Ltd.,
  Baden

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  600.00

  	
   

  	
  EUR

  	
   

  	
  Käuffer & Co.
  GmbH, Mainz

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  15,082.00

  	
   

  	
  EUR

  	
   

  	
  ISKRA
  Avtoelektrika d.d., Sempeter

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  31,421.95

  	
   

  	
  EUR

  	
   

  	
  BASF Aktiengesellschaft,
  Ludwigshafen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  879,000.00

  	
   

  	
  EUR

  	
   

  	
  Lakdhanavi Ltd., Colombo

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  153,000.00

  	
   

  	
  EUR

  	
   

  	
  Iberdrola
  Ingenieria y construccion, Erandio

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  100,000.00

  	
   

  	
  EUR

  	
   

  	
  AB Radgjoef EFH, Reykjavik

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,469,029.30

  	
   

  	
  EUR

  	
   

  	
  ORKUVEITA REYKFAVIKUR,
  Reykjavik, Island

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  4,899.60

  	
   

  	
  EUR

  	
   

  	
  S.A. SNC-Lavalin Europe
  N.V., Bruxelles

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  19,813.50

  	
   

  	
  EUR

  	
   

  	
  Bayer Materialscience AG,
  Leverkusen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  39,270.00

  	
   

  	
  EUR

  	
   

  	
  Raffinerie-KW-Betriebs
  GmbH, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  26,775.00

  	
   

  	
  EUR

  	
   

  	
  Gontermann-Peipers GmbH,
  Siegen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,445.20

  	
   

  	
  EUR

  	
   

  	
  August Storck KG, Halle

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,596.00

  	
   

  	
  EUR

  	
   

  	
  August Storck KG,
  Halle

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,716.80

  	
   

  	
  EUR

  	
   

  	
  August Storck KG,
  Halle

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  4,466.00

  	
   

  	
  EUR

  	
   

  	
  August Storck KG,
  Halle

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  10,440.00

  	
   

  	
  EUR

  	
   

  	
  SMS Demag AG, Hilden

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  499,133.60

  	
   

  	
  EUR

  	
   

  	
  Papierfabrik Palm
  GmbH & Co. KG, Aalen-Neukochen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  54,870.90

  	
   

  	
  EUR

  	
   

  	
  ThyssenKrupp Steel AG,
  Duisburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  89,547.50

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kernkraft GmbH, Stadland

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,475.00

  	
   

  	
  EUR

  	
   

  	
  Porr Deutschland GmbH,
  Berlin

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  6,225.49

  	
   

  	
  EUR

  	
   

  	
  AXIMA GmbH, Dresden

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,979.49

  	
   

  	
  EUR

  	
   

  	
  J. Wolfferts GmbH, Berlin

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  25,564.59

  	
   

  	
  EUR

  	
   

  	
  Noske-Kaeser GmbH, Hamburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  5,744.27

  	
   

  	
  EUR

  	
   

  	
  Airtec GmbH & Co.
  KG, Gronau

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  23,312.00

  	
   

  	
  EUR

  	
   

  	
  ADK Modulraum GmbH,
  Neresheim

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  28,452.00

  	
   

  	
  EUR

  	
   

  	
  Helmut Schuetz, Neuss

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  290,000.00

  	
   

  	
  EUR

  	
   

  	
  SRS Eco Therm GmbH,
  Salzbergen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  99,000.00

  	
   

  	
  EUR

  	
   

  	
  Mollier d.o.o. Celje,
  Celje, Slowenien

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  85,809.00

  	
   

  	
  EUR

  	
   

  	
  Dräger Medical Ansy GmbH

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  1,200.00

  	
   

  	
  EUR

  	
   

  	
  JP Elektroprivreda BIH d.d.
  Sarajevo, Kakanj

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  11,084.23

  	
   

  	
  EUR

  	
   

  	
  Zimmer & Hälbig
  GmbH, Bielefeld

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  189,210.00

  	
   

  	
  EUR

  	
   

  	
  SRS Ecotherm GmbH,
  Salzbergen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  22,251.68

  	
   

  	
  EUR

  	
   

  	
  Hrvatska elektrorivreda
  d.d., Zagreb

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  12,115.84

  	
   

  	
  EUR

  	
   

  	
  Hrvatska elektroprivreda
  d.d, Zagreb

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  12,152.60

  	
   

  	
  EUR

  	
   

  	
  Heiztechnik Mühlhausen
  GmbH, Mülheim

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  

 

 

	
  Deutsche Bank AG

  	
   

  	
  157,100.00

  	
   

  	
  EUR

  	
   

  	
  Klaus-Peter
  Bergmann GmbH, Schwelm

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  51,396.20

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Switzerland Ltd., Baden, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  1,309,000.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall Europe Generation
  AG and Co. KG, Cottbus

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  291,444.71

  	
   

  	
  EUR

  	
   

  	
  Kraftanlagen München GmbH,
  München

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  17,350.20

  	
   

  	
  EUR

  	
   

  	
  Shell
  Deutschland Oil GmbH, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  18,207.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Görlitz

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  110,670.00

  	
   

  	
  EUR

  	
   

  	
  KME Germany GmbH, Osnabrück

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  61,247.60

  	
   

  	
  EUR

  	
   

  	
  Tecnica
  Reunidas, S.A., Madrid

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  10,250.00

  	
   

  	
  EUR

  	
   

  	
  Linde AG, Höllriegelskreuth

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  290,000.00

  	
   

  	
  EUR

  	
   

  	
  Fri-Jado
  Polska sp.Z.o.o., Inwald, Polen

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  13,030.50

  	
   

  	
  EUR

  	
   

  	
  AE &
  E Inova GmbH, Köln

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  6,840.00

  	
   

  	
  EUR

  	
   

  	
  Bühler AG, Uzwil, Schweiz

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  19,900.00

  	
   

  	
  EUR

  	
   

  	
  Bühler AG, Uzwil, Schweiz

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  167,254.50

  	
   

  	
  EUR

  	
   

  	
  Bayerische
  Motoren Werke AG, München

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  61,007.73

  	
   

  	
  EUR

  	
   

  	
  Bayerische
  Motoren Werke AG, München

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  522,000.00

  	
   

  	
  EUR

  	
   

  	
  GS Engineering and
  Construction Corp., Seoul, Korea

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  9,974.76

  	
   

  	
  EUR

  	
   

  	
  Siemens Elin
  Buildings & Infrastructure GmbH & Co., Wien, Österreich

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  8,025.00

  	
   

  	
  EUR

  	
   

  	
  Qatar Fertilizer Company
  (S.Q.A.), Qatar, Saudi Arabien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  198,000.00

  	
   

  	
  EUR

  	
   

  	
  Bechtel Overseas
  Corporation, Chonburi, Thailand

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  10,341.00

  	
   

  	
  EUR

  	
   

  	
  MCE
  Anlagenbau Austria GmbH & Co., Wien, Österreich

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  29,899.00

  	
   

  	
  EUR

  	
   

  	
  DAEWOO E+C Co. Ltd., Seoul

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  29,899.00

  	
   

  	
  EUR

  	
   

  	
  DAEWOO E&C Co. Ltd., Seoul

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  117,810.00

  	
   

  	
  EUR

  	
   

  	
  Raffinerie
  KW Betriebs GmbH, 45117 Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,578.05

  	
   

  	
  EUR

  	
   

  	
  Zimmer + Hälbig GmbH, 33659
  Bielefeld

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  11,826.00

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Switzerland Ltd., Baden, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  5,776.80

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Switzerland Ltd., Baden, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  16,131.00

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Switzerland Ltd., Badebn, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  36,501.30

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Switzerland Ltd., Baden, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  7,074.70

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Switzerland Ltd., Baden, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  37,689.00

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Switzerland Ltd., Baden, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  36,004.15

  	
   

  	
  EUR

  	
   

  	
  Alstom
  (Switzerland) Ltd., Baden, Schweiz

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  77,780.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Centrales,
  Belfort Cedex, Frankreich

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  26,500.00

  	
   

  	
  EUR

  	
   

  	
  Arcelor Laminados Zaragoza
  S.A., 50015 Zaragoza

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,547.21

  	
   

  	
  EUR

  	
   

  	
  IVG Management GmbH + Co.
  Officereportfolio IV-KG

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  513,143.26

  	
   

  	
  EUR

  	
   

  	
  OMV
  Refining & Marketing GmbH, Wien, Österreich

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  74,639.00

  	
   

  	
  EUR

  	
   

  	
  Qatar Shell GTL Limited,
  St. George, Bermuda

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  78,554.87

  	
   

  	
  EUR

  	
   

  	
  BASF Aktiengesellschaft,
  Ludwigshafen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  248,710.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  461,529.60

  	
   

  	
  EUR

  	
   

  	
  RWE Dea AG, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  134,000.00

  	
   

  	
  EUR

  	
   

  	
  BASF Nederland B.V., PK De
  Meern, The Netherlands

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  127,800.00

  	
   

  	
  EUR

  	
   

  	
  Disko Leasing GmbH,
  Düsseldorf

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  727.90

  	
   

  	
  EUR

  	
   

  	
  China Petroleum &
  Construction (Group) Corporation, Beijing

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  13,250.40

  	
   

  	
  EUR

  	
   

  	
  GHI
  Hornos Industriales, S.L., Galdakano

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  5,290.74

  	
   

  	
  EUR

  	
   

  	
  Solvay Infra GmbH, Bernburg

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  379.50

  	
   

  	
  EUR

  	
   

  	
  Prosernat, 92042 Paris La
  Defense

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  117,582.92

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  89,697.00

  	
   

  	
  EUR

  	
   

  	
  DAEWOO E&C Co., Ltd.,
  Seoul

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  14,949.50

  	
   

  	
  EUR

  	
   

  	
  DAEWOO E&C Co., Ltd.,
  Seoul

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  268,932.03

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  38,984.40

  	
   

  	
  EUR

  	
   

  	
  SWM Service GmbH, Ratingen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  8,363.40

  	
   

  	
  EUR

  	
   

  	
  AE &
  E Inova GmbH, Köln

  	
   

  	
  Nema Airfin GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  867,500.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,548,487.50

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  43,200.00

  	
   

  	
  EUR

  	
   

  	
  TECNICAS
  REUNIDAS, S.A., Madrid

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,100.00

  	
   

  	
  EUR

  	
   

  	
  Derives Resiniques et
  Terpeniques, Dax Cedex

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  35,402.50

  	
   

  	
  EUR

  	
   

  	
  Solnhofer
  Portland Zementwerke GmbH & Co. KG, Solnhofen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  197,232.98

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  272,588.78

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  197,232.98

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  7,220.00

  	
   

  	
  EUR

  	
   

  	
  UNIHA Wassertechnologie
  GmbH, Linz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  300,328.80

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  31,250.00

  	
   

  	
  EUR

  	
   

  	
  Danieli, Dabueka &
  C Officine, Buttrio

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  83,771.47

  	
   

  	
  EUR

  	
   

  	
  Petrofac E&C
  International Ltd., Sharjah

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  83,771.45

  	
   

  	
  EUR

  	
   

  	
  Petrofac E&C
  International Ltd., Sharjah

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,555.37

  	
   

  	
  EUR

  	
   

  	
  ADK Modulraum GmbH,
  Neresheim

  	
   

  	
  Atex Filter GmbH &
  Co. oHG

  
	
  Deutsche Bank AG

  	
   

  	
  45,000.00

  	
   

  	
  EUR

  	
   

  	
  Mr. G.Y.Hong, BL
  Process Co. Ltd., Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  99,750.00

  	
   

  	
  GBP

  	
   

  	
  BHF-Bank
  Aktiengesellschaft, Frankfurt am Main

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  280,318.50

  	
   

  	
  GBP

  	
   

  	
  Scottish Power Generation
  Ltd., Glasgow

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  26,091.06

  	
   

  	
  GBP

  	
   

  	
  Eastern Bechtel Co. Ltd.

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  2,905.00

  	
   

  	
  GBP

  	
   

  	
  Lars Enviro Private
  Limited, Nagpur

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  50,000.00

  	
   

  	
  GBP

  	
   

  	
  TPC Partnership-Procurement
  Administration Centre, Singapore

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  55,637.00

  	
   

  	
  GBP

  	
   

  	
  Bechtel
  France S.A.S., Paris, Frankreich

  	
   

  	
  SPX Process Equipment
  Limited

  

 

 

	
  Deutsche Bank AG

  	
   

  	
  45,369.00

  	
   

  	
  GBP

  	
   

  	
  Bechtel
  France S.A.S., Paris, Frankreich

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  9,510.00

  	
   

  	
  GBP

  	
   

  	
  FWP Joint Venture,
  Singapore

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  7,620.00

  	
   

  	
  GBP

  	
   

  	
  Snamprogetti Limited,
  Hants, England

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  45,369.00

  	
   

  	
  GBP

  	
   

  	
  Bechtel
  France S.A.S., Paris, Frankreich

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  55,637.00

  	
   

  	
  GBP

  	
   

  	
  Bechtel
  France S.A.S, Paris, Frankreich

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  27,722.00

  	
   

  	
  GBP

  	
   

  	
  Halliburton
  Brown & Root Ltd., on behalf of Halliburton West Africa Ltd., Surrey

  	
   

  	
  SPX Process Equipment Limited

  
	
  Deutsche Bank AG

  	
   

  	
  19,525.00

  	
   

  	
  GBP

  	
   

  	
  Brown + Root Ltd., c/o
  Rockwater Ltd., Aberdeen

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  85,044.00

  	
   

  	
  GBP

  	
   

  	
  Kvaerner Oil & Gas
  a.s., Croydon, Grossbritannien

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  87,040.00

  	
   

  	
  GBP

  	
   

  	
  Kvaerner Oil and Gas Ltd.,
  Croydon

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  1,387.00

  	
   

  	
  GBP

  	
   

  	
  Petronas Ammonia, Kuala
  Lumpur

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  326,952.00

  	
   

  	
  GBP

  	
   

  	
  Tecnicas
  Reunidas SA, Madrid, Spanien

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  108,984.00

  	
   

  	
  GBP

  	
   

  	
  Tecnicas
  Reunidas SA, Madrid, Spanien

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  12,747.45

  	
   

  	
  GBP

  	
   

  	
  Jubail Chemical Industries
  Co. Saudi Arabien

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  59,900.00

  	
   

  	
  GBP

  	
   

  	
  Sicon Oil & Gas
  Srl, Mailand, Italien

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  6,375.22

  	
   

  	
  GBP

  	
   

  	
  Hindustan Petroleum
  Corporation Ltd., Mumbai, Indien

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  3,666.98

  	
   

  	
  GBP

  	
   

  	
  EMDAD LLC, Abu Dhabi,
  V.A.E.

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  21,160.00

  	
   

  	
  GBP

  	
   

  	
  Tecnicas
  Reunidas S.A., Spanien

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  3,246.50

  	
   

  	
  GBP

  	
   

  	
  Guinard Pumps, Annecy
  Cedex, Frankreich

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  21,736.50

  	
   

  	
  GBP

  	
   

  	
  Okano Trading Company
  Limited, Tokyo, Japan

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  4,540.00

  	
   

  	
  GBP

  	
   

  	
  CTCI Corporation, Taiwan,
  R.O.C.

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  5,225.60

  	
   

  	
  GBP

  	
   

  	
  Bechtel France SAS, Paris

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  5,318.00

  	
   

  	
  GBP

  	
   

  	
  Bechtel France SAS, Paris

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  186,034.70

  	
   

  	
  GBP

  	
   

  	
  Azerbaijan Interntl
  Operating Co., Azerbaijan

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  38,130.00

  	
   

  	
  GBP

  	
   

  	
  MEOS Establishment, Dubai

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  13,060,000.00

  	
   

  	
  INR

  	
   

  	
  BHF-Bank
  Aktiengesellschaft, Frankfurt am Main

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  88,000.00

  	
   

  	
  INR

  	
   

  	
  Indian Oil Corporation
  Limited, Bihar, Indien

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  12,000,000.00

  	
   

  	
  NOK

  	
   

  	
  Tollregion Oslo og Akershus
  (Norwegian Customs and Excise Authority), Oslo

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  52,635.00

  	
   

  	
  SGD

  	
   

  	
  German Centre for Industry
  and Trade PT. Ltd., Spore 609916

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  21,900.00

  	
   

  	
  USD

  	
   

  	
  GS Engineering &
  Construction Corp.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  21,900.00

  	
   

  	
  USD

  	
   

  	
  GS Engineering &
  Construction Corp.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,177,500.00

  	
   

  	
  USD

  	
   

  	
  Abener Energia Ingenieria y

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  381,547.00

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources &

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  768,600.00

  	
   

  	
  USD

  	
   

  	
  Yanbu National
  Petrochemical Company

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  1,244,667.90

  	
   

  	
  USD

  	
   

  	
  Eastern Petrochemical
  Company

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  3,461,063.60

  	
   

  	
  USD

  	
   

  	
  BHF-Bank
  Aktiengesellschaft, Frankfurt am Main

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  260,000.00

  	
   

  	
  USD

  	
   

  	
  JGC Corporation, Nishi-Ku
  Yokohama

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  200,000.00

  	
   

  	
  USD

  	
   

  	
  JGC Corporation, Yokohama

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  352,649.80

  	
   

  	
  USD

  	
   

  	
  Eastern Bechtel Co. Ltd.,
  London

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  280,818.00

  	
   

  	
  USD

  	
   

  	
  Eastern Bechtel Company Ltd.,
  Houston

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  280,818.00

  	
   

  	
  USD

  	
   

  	
  Eastern Bechtel Co. Ltd.,
  Houston, USA

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  235,300.00

  	
   

  	
  USD

  	
   

  	
  Daewoo E & C Co.
  Ltd., Seoul 100-714

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  232,400.00

  	
   

  	
  USD

  	
   

  	
  Samsung Engineering Co.,
  Ltd., Seoul

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  235,300.00

  	
   

  	
  USD

  	
   

  	
  Daewoo E&C Co LTD.,
  Seoul

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  74,900.00

  	
   

  	
  USD

  	
   

  	
  Petrofac International
  Ltd., Sharjah, UAE

  	
   

  	
  General Signal UK Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  161,885.50

  	
   

  	
  USD

  	
   

  	
  BIS
  Enerji Elektrik Üretim A.S., Bursa, Türkei

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  475,853.30

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources & Electric Power Materials & Equipment Co., Ltd.,
  Bejing, China

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  28,359.00

  	
   

  	
  USD

  	
   

  	
  Iranian Offshore
  Engineering + Construction Company (IOEC), Teheran

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  1,542,000.00

  	
   

  	
  USD

  	
   

  	
  Navoi Mining and Metallurgy
  Combinate, Navoi

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Deutsche Bank AG

  	
   

  	
  1,210,500.00

  	
   

  	
  USD

  	
   

  	
  Taiwan Cogeneration
  Corporation, Taiwan

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  36,000.00

  	
   

  	
  USD

  	
   

  	
  Huyndai Heavy Industries
  Co. Ltd., Ulsan, Korea

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  36,000.00

  	
   

  	
  USD

  	
   

  	
  Hyundai Heavy Industries
  Co. Ltd., Ulsan, Korea

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  9,680.00

  	
   

  	
  USD

  	
   

  	
  SK Engineering &
  Construction, Seoul, Korea

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  9,680.00

  	
   

  	
  USD

  	
   

  	
  SK Engineering &
  Construction, Seoul, Korea

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  842,454.00

  	
   

  	
  USD

  	
   

  	
  Eastern Bechtel Company
  Ltd., Houston, USA

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Deutsche Bank AG

  	
   

  	
  22,425.00

  	
   

  	
  USD

  	
   

  	
  Environmental Engineering
  Corp., Tokyo

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  14,710.00

  	
   

  	
  USD

  	
   

  	
  Vedanta Aluminium Ltd.,
  Mumbai

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  119,000.00

  	
   

  	
  USD

  	
   

  	
  Toyo Engineering Korea Ltd,
  Seoul

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  119,000.00

  	
   

  	
  USD

  	
   

  	
  Toyo Engineering Korea
  Ltd., Seoul

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  29,420.00

  	
   

  	
  USD

  	
   

  	
  Vedanta Alumina Ltd.,
  Mumbai

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  14,710.00

  	
   

  	
  USD

  	
   

  	
  Vedanta Alumina Ltd.,
  Mumbai

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  75,001.90

  	
   

  	
  USD

  	
   

  	
  Hindalco Industries ltd,
  Kolkata

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Deutsche Bank AG

  	
   

  	
  239,352.20

  	
   

  	
  USD

  	
   

  	
  DAEWOO E&C Co. Ltd.,
  Seoul

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Dresdner Bank AG

  	
   

  	
  250,000.00

  	
   

  	
  CHF

  	
   

  	
  Eidgenossenschaftl.
  Steuerverwaltung

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  5,000.00

  	
   

  	
  CHF

  	
   

  	
  Eidgenossenschaftl.
  Steuerverwaltung

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  449,820.67

  	
   

  	
  CNY

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  453,724.00

  	
   

  	
  CNY

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  512,225.00

  	
   

  	
  CNY

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  512,225.00

  	
   

  	
  CNY

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  

 

 

	
  Dresdner Bank AG

  	
   

  	
  449,820.67

  	
   

  	
  CNY

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  453,724.00

  	
   

  	
  CNY

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  449,820.67

  	
   

  	
  CNY

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  512,225.00

  	
   

  	
  CNY

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  512,225.00

  	
   

  	
  CNY

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  3,644,000.00

  	
   

  	
  CNY

  	
   

  	
  Bejing Boqui Electric Power
  Sience

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  340,800.00

  	
   

  	
  CNY

  	
   

  	
  Tsinghua Tongfang
  Environment Co. L

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  21,623,576.00

  	
   

  	
  CNY

  	
   

  	
  China National Water
  Resources + El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  6,070,000.00

  	
   

  	
  CNY

  	
   

  	
  Beijing National NC
  Electric Power

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  8,990,000.00

  	
   

  	
  CNY

  	
   

  	
  Certer Southern China
  Electric Powe

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  22,523,576.00

  	
   

  	
  CNY

  	
   

  	
  China National Water
  Resources & El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  32,089,725.40

  	
   

  	
  CNY

  	
   

  	
  Guodian Hebei Longshan
  Power Co. Lt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  30,322,740.00

  	
   

  	
  CNY

  	
   

  	
  China National Water
  Resources & El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  27,858,700.00

  	
   

  	
  CNY

  	
   

  	
  China National Water
  Resources & El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,930,000.00

  	
   

  	
  CNY

  	
   

  	
  Beijing Bit Weiye
  Technology Co. Ltd, Beijing

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  803,000.00

  	
   

  	
  CNY

  	
   

  	
  Shandong San Rong
  Environmental Protection Engineering Co. Ltd., Jinan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  803,000.00

  	
   

  	
  CNY

  	
   

  	
  Shandong San Rong
  Environmental Protection Engineering Co. Ltd., Jinan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,024,450.00

  	
   

  	
  CNY

  	
   

  	
  Zhejiang Tianhong Material
  Trading Co. Ltd., Zhejiang

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  22,297,338.60

  	
   

  	
  CNY

  	
   

  	
  China National Resources
  and Electric Power Materials and Equipment Co., Ltd., Beijing, P.R. China

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,392,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  108,990.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  61,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  53,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  51,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  20,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  718,620.00

  	
   

  	
  EUR

  	
   

  	
  Babcock Hitachi Europe GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  354,960.00

  	
   

  	
  EUR

  	
   

  	
  Babcock Hitachi Europe GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  248,820.00

  	
   

  	
  EUR

  	
   

  	
  Babcock Hitachi Europe GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  65,598.00

  	
   

  	
  EUR

  	
   

  	
  Chr. Hansen GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  3,200.00

  	
   

  	
  EUR

  	
   

  	
  Puralube GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,456.02

  	
   

  	
  EUR

  	
   

  	
  M. Wallrabenstein GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  199,500.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG Power Generation

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  15,764.40

  	
   

  	
  EUR

  	
   

  	
  Fernwärmeverbund
  Niederrhein Duisbu

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  5,543.64

  	
   

  	
  EUR

  	
   

  	
  Polysius AG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,414.77

  	
   

  	
  EUR

  	
   

  	
  Linde - KAC - Dresden GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  114,077.88

  	
   

  	
  EUR

  	
   

  	
  Linde - KAC - Dresden GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,542.00

  	
   

  	
  EUR

  	
   

  	
  Linde - KAC - Dresden GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  31,320.00

  	
   

  	
  EUR

  	
   

  	
  Total Raffinerie
  Mitteldeutsche Gmb

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  46,137.91

  	
   

  	
  EUR

  	
   

  	
  Mitsui & Co.
  Deutschland GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  23,617.36

  	
   

  	
  EUR

  	
   

  	
  PCK Raffinerie GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  15,000.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcock Environment
  GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  174,000.00

  	
   

  	
  EUR

  	
   

  	
  Voith Siemens Hydro
  Kraftwerkstechn

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,220,320.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,554,400.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  375,000.00

  	
   

  	
  EUR

  	
   

  	
  Framatome ANP GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,125,000.00

  	
   

  	
  EUR

  	
   

  	
  Framatome ANP GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  500,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  369,075.58

  	
   

  	
  EUR

  	
   

  	
  Immobiliengesellschaft
  Carlos GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  8,054.13

  	
   

  	
  EUR

  	
   

  	
  Shanghai Lianheng
  Isocyanate Compa

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  27,724.00

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  16,965.00

  	
   

  	
  EUR

  	
   

  	
  SWM
  Services Energie und Wasser Gmb

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  118,341.27

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  60,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  32,702.49

  	
   

  	
  EUR

  	
   

  	
  E.ON Kraftwerke GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  37,700.00

  	
   

  	
  EUR

  	
   

  	
  Mibrag

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  14,036.00

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  110,693.75

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  19,952.00

  	
   

  	
  EUR

  	
   

  	
  Shell Deutschland Oil GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  53,360.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  105,270.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  129,920.00

  	
   

  	
  EUR

  	
   

  	
  Babcock-Hitachi Europe GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  63,643.15

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  27,596.40

  	
   

  	
  EUR

  	
   

  	
  Mibrag

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,714.48

  	
   

  	
  EUR

  	
   

  	
  Xstrata Zink GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  17,168.00

  	
   

  	
  EUR

  	
   

  	
  R+A Industrieanlagen GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,734.49

  	
   

  	
  EUR

  	
   

  	
  Xstrata Zink GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,714.19

  	
   

  	
  EUR

  	
   

  	
  Xstrata Zink GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  6,528.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  15,395.52

  	
   

  	
  EUR

  	
   

  	
  Krupp-Uhde GmbH

  	
   

  	
  Bran + Luebbe GmbH

  

 

 

	
  Dresdner Bank AG

  	
   

  	
  15,395.52

  	
   

  	
  EUR

  	
   

  	
  Krupp-Uhde GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,335.38

  	
   

  	
  EUR

  	
   

  	
  Lurgi Umwelt GmbH

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  8,990.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  7,308.00

  	
   

  	
  EUR

  	
   

  	
  Blohm + Voss
  Industrietechnik GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  296,800.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  62,360.48

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & C

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  48,600.00

  	
   

  	
  EUR

  	
   

  	
  EKO Stahl GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  14,569.02

  	
   

  	
  EUR

  	
   

  	
  Reining
  Heisskühlung GmbH & Co. KG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  7,337.00

  	
   

  	
  EUR

  	
   

  	
  Nacap GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  171,809.60

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Conversion
  GmbH

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  5,000.00

  	
   

  	
  EUR

  	
   

  	
  LG Engineering &
  Construction Corp.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  12,500.00

  	
   

  	
  EUR

  	
   

  	
  Voith Paper GmbH &
  Co KG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,551.50

  	
   

  	
  EUR

  	
   

  	
  M + W
  Zander Gebäudetechnik GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  13,384.00

  	
   

  	
  EUR

  	
   

  	
  Voith Siemens Hydro
  Kraftwerkstechn

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  6,692.30

  	
   

  	
  EUR

  	
   

  	
  Voith Siemens Hydro
  Kraftwerkstechn

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,544.25

  	
   

  	
  EUR

  	
   

  	
  Blohm + Voss
  Industrietechnik GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  259,947.30

  	
   

  	
  EUR

  	
   

  	
  Südzucker Bioethanol GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  32,000.00

  	
   

  	
  EUR

  	
   

  	
  voestalpinestahl - Donawitz
  GmbH &

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,269,000.00

  	
   

  	
  EUR

  	
   

  	
  EniPower S.P.A.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,032,500.00

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Italiana SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  50,920.00

  	
   

  	
  EUR

  	
   

  	
  Servizi SRL

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  837,101.00

  	
   

  	
  EUR

  	
   

  	
  ENEL Spa

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  272,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  S.A. (Division de Energia)

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  23,170.60

  	
   

  	
  EUR

  	
   

  	
  OMV Aktiengesellschaft

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  68,750.00

  	
   

  	
  EUR

  	
   

  	
  Vilnius Energija UAB

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  770.00

  	
   

  	
  EUR

  	
   

  	
  Industrialexport S.A.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  29,000.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Electric
  Corporation

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  17,000.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Electric
  Corporation

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  23,600.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Electric
  Corporation

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  23,600.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Electric
  Corporation

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  22,900.00

  	
   

  	
  EUR

  	
   

  	
  SK Engineering &
  Construction Co.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  3,600.00

  	
   

  	
  EUR

  	
   

  	
  SK Engineering &
  Construction Co.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,350.00

  	
   

  	
  EUR

  	
   

  	
  SK Engineering &
  Construction Co.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,000.00

  	
   

  	
  EUR

  	
   

  	
  LG Engineering &
  Construction Corp.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  31,557.00

  	
   

  	
  EUR

  	
   

  	
  NCIC National Service
  Projects Orga

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  27,600.00

  	
   

  	
  EUR

  	
   

  	
  NCIC National Service
  Projects Orga

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  3,150.00

  	
   

  	
  EUR

  	
   

  	
  Shell Netherland Chemie
  B.V.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,032,500.00

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Italiana SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,211,600.00

  	
   

  	
  EUR

  	
   

  	
  Tarragona Power S.L. (TP)

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  148,750.00

  	
   

  	
  EUR

  	
   

  	
  Hitaveita Sudurnesia hf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,499.25

  	
   

  	
  EUR

  	
   

  	
  OMV Refining &
  Marketing GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  10,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  24,500.00

  	
   

  	
  EUR

  	
   

  	
  AGRANA Zucker GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  15,500.00

  	
   

  	
  EUR

  	
   

  	
  VOEST-ALPINE
  Industrieanlagenbau Gm

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  18,880.00

  	
   

  	
  EUR

  	
   

  	
  AXIMA Gebäudetechnik GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  3,400.00

  	
   

  	
  EUR

  	
   

  	
  PHP Mercus SP. Z.O.O.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  5,245.00

  	
   

  	
  EUR

  	
   

  	
  AMK Krakow S.A.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  125,000.00

  	
   

  	
  EUR

  	
   

  	
  Yara AB

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,102.95

  	
   

  	
  EUR

  	
   

  	
  Suez Oil Processing Co.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  42,000.00

  	
   

  	
  EUR

  	
   

  	
  Pilkington PLC Invoice
  Processing D

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  133,923.20

  	
   

  	
  EUR

  	
   

  	
  Jiangsu Jinyang
  Engery & Environmen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  3,033.40

  	
   

  	
  EUR

  	
   

  	
  Siegele
  + Eppele GmbH + Co. KG

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,064,235.90

  	
   

  	
  EUR

  	
   

  	
  Siemens A/S, Oslo

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,104,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Offenbach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,172,250.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,542.00

  	
   

  	
  EUR

  	
   

  	
  Linde-KCA-Dresden
  GmbH, Dresden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,414.78

  	
   

  	
  EUR

  	
   

  	
  Linde-KCA-Dresden
  GmbH, Dresden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  96,048.00

  	
   

  	
  EUR

  	
   

  	
  Deutsche BP
  Aktiengesellschaft, Lingen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  35,496.00

  	
   

  	
  EUR

  	
   

  	
  Mibrag Industriekraftwerke
  GmbH and Co. KG, Theissen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  52,200.00

  	
   

  	
  EUR

  	
   

  	
  BKS
  Bio-Kraftwerk Schkölen GmbH, Schkölen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  10,000.00

  	
   

  	
  EUR

  	
   

  	
  UCD GmbH, Hülsstr. 6, 44625
  Herne

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  615,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, 91058 Erlangen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  51,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  20,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  29,000.00

  	
   

  	
  EUR

  	
   

  	
  e-Glass AG, Osterweddingen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  115,370.76

  	
   

  	
  EUR

  	
   

  	
  Lenzing AG, Österreich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  38,715.00

  	
   

  	
  EUR

  	
   

  	
  Lenzing AG, Österreich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  24,640.80

  	
   

  	
  EUR

  	
   

  	
  Lenzing AG, Österreich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  64,032.00

  	
   

  	
  EUR

  	
   

  	
  Deutsche
  BP Aktiengesellschaft Erdöl-Raffinerie Emsland, Lingen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  284,200.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  10,490.66

  	
   

  	
  EUR

  	
   

  	
  Linde-KCA-Dresden
  GmbH, 01265 Dresden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  29,580.00

  	
   

  	
  EUR

  	
   

  	
  Südzucker
  AG Mannheim Ochsenfurt, 97199 Ochsenfurt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  6,090.00

  	
   

  	
  EUR

  	
   

  	
  Südzucker
  AG Mannheim/Ochsenfurt, 97199 Ochsenfurt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  

 

 

	
  Dresdner Bank AG

  	
   

  	
  71,920.00

  	
   

  	
  EUR

  	
   

  	
  Südzucker
  AG Mannheim/Ochsenfurt, 97199 Ochsenfurt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  48,546.00

  	
   

  	
  EUR

  	
   

  	
  Outokumpu Technology GmbH,
  61440 Oberursel

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  8,410.00

  	
   

  	
  EUR

  	
   

  	
  Moherlin GmbH, Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  494,085.00

  	
   

  	
  EUR

  	
   

  	
  E.ON Benelux BV, NL-3009 AP
  Rotterdam

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  5,278.00

  	
   

  	
  EUR

  	
   

  	
  Moehrlin GmbH, 70499
  Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  726.73

  	
   

  	
  EUR

  	
   

  	
  Mobilconm Austria AG and
  Co. KG, A-1020 Wien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  33,755.44

  	
   

  	
  EUR

  	
   

  	
  Projektgesellschaft
  Biomasse Kraftwerk Grossraeschen GmbH and Co. Betriebs KG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  5,109.20

  	
   

  	
  EUR

  	
   

  	
  Rashriya
  Chemicals&Fertilizers Ltd.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  202,300.00

  	
   

  	
  EUR

  	
   

  	
  Fisi Babcock Environment
  GmbH, 51643 Gummersbach

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  27,878.28

  	
   

  	
  EUR

  	
   

  	
  Ludwig Pöttinger

  	
   

  	
  LDS Test and Measurement
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,166.62

  	
   

  	
  EUR

  	
   

  	
  Schoder Grundstücks GBR

  	
   

  	
  LDS Test and Measurement
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,879.24

  	
   

  	
  EUR

  	
   

  	
  Grundstücksverwaltungsgesellschaft
  Erlensee GBR

  	
   

  	
  LDS Test and Measurement
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  30,900.36

  	
   

  	
  EUR

  	
   

  	
  Deli
  Buero Center ZRT., Ungarn

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  404,600.00

  	
   

  	
  EUR

  	
   

  	
  FISIA BABCOCK ENVIRONMENT
  GmbH, Gummersbach

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  37,468.00

  	
   

  	
  EUR

  	
   

  	
  Mibrag
  Industriekraftwerke GmbH + Co. KG, 40002 Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  46,020.00

  	
   

  	
  EUR

  	
   

  	
  SIRTE OIL Company, c/o
  Mediterranean Oil Service GmbH, Düsseldorf

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  17,931.00

  	
   

  	
  EUR

  	
   

  	
  Wesco
  Bau- und Grundstücksgesellschaft mbh & Co. KG

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,550.00

  	
   

  	
  EUR

  	
   

  	
  Helmut Oster

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  850,968.00

  	
   

  	
  EUR

  	
   

  	
  Von
  Roll Umwelttechnik AG, Zürich

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  124,419.28

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  122,679.30

  	
   

  	
  EUR

  	
   

  	
  European Commission, DG
  Energy and Transport, B-1049 Brussels

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  44,080.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, 30457 Hannover

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  503,533.03

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, 45138 Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,340.00

  	
   

  	
  EUR

  	
   

  	
  GEA Process Eng. (India)
  Ltd., 391350 Gujarat

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  95,891.40

  	
   

  	
  EUR

  	
   

  	
  Deutsche
  Bank AG, Filiale Bremen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  63,150.00

  	
   

  	
  EUR

  	
   

  	
  Thermodyn, France

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  28,000.00

  	
   

  	
  EUR

  	
   

  	
  KAB TAKUMA GmbH, Berlin

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  348,000.00

  	
   

  	
  EUR

  	
   

  	
  Standardkessel GmbH,
  Duisburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  14,501.16

  	
   

  	
  EUR

  	
   

  	
  Shell Deutschland Oil GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  75,052.00

  	
   

  	
  EUR

  	
   

  	
  Shell
  Deutschland Oil GmbH, Hamburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,385,000.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, Hannover

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  30,000.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, Hannover

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  4,393,447.22

  	
   

  	
  EUR

  	
   

  	
  Linde AG, Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  231,884.00

  	
   

  	
  EUR

  	
   

  	
  Metz Anlagentechnik GmbH,
  Berlin

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  150,562.50

  	
   

  	
  EUR

  	
   

  	
  Prokon
  Nord Energiesysteme GmbH, Leer

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  96,675.00

  	
   

  	
  EUR

  	
   

  	
  C.T.
  Andasol Uno Ute, Madrid

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  925,100.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  580,000.00

  	
   

  	
  EUR

  	
   

  	
  Standardkessel GmbH,
  Duisburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  315,000.00

  	
   

  	
  EUR

  	
   

  	
  NV Huisvuilcentrale N-H,
  Alkmaar

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  200,679.30

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Isar Verwaltungs GmbH, Essenbach

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  344,952.00

  	
   

  	
  EUR

  	
   

  	
  Hitaveita Sudurnesia HF,
  Reykjanesbaer, Iceland

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  586,800.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  704,160.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  185,000.00

  	
   

  	
  EUR

  	
   

  	
  Energetus Instalacoes Lda,
  Lisboa

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  173,000.00

  	
   

  	
  EUR

  	
   

  	
  Energetus Instalacoes Lda,
  Lisboa

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  48,750.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Werne

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  88,381.80

  	
   

  	
  EUR

  	
   

  	
  E.ON Benelux Holding B.V.,
  Rotterdam

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  593,920.00

  	
   

  	
  EUR

  	
   

  	
  Steag
  Saar Energie AG, Saarbrücken

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  135,513.02

  	
   

  	
  EUR

  	
   

  	
  European Comission
  Directorate General for Energy and Transport, Brussels

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  24,128.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk Krümmel GmbH,
  Krümmel

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  51,000.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH & Co. oHG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  8,300.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH & CO. KG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  7,750.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH + Co. oHG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  6,625.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH + Co. oHG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  556,920.00

  	
   

  	
  EUR

  	
   

  	
  FISIA BABCOCK ENVIRONMENT
  GmbH, Gummersbach

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  36,956.20

  	
   

  	
  EUR

  	
   

  	
  Essent Energie Productie

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  268,350.00

  	
   

  	
  EUR

  	
   

  	
  Von Roll, Zürich, Schweiz

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  187,350.00

  	
   

  	
  EUR

  	
   

  	
  Von Roll, Zürich, Schweiz

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  17,250.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH & Co. OHG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  30,000.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH & Co. OHG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  153,750.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Benelux Holding B.V., Rotterdam, Niederlande

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  49,532.00

  	
   

  	
  EUR

  	
   

  	
  swb
  Erzeugung GmbH & Co. KG, Bremen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  64,148.00

  	
   

  	
  EUR

  	
   

  	
  SWB
  Erzeugung GmbH & Co. KG, Bremen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  487,900.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, 46049 Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  487,900.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, 46049 Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  31,286.12

  	
   

  	
  EUR

  	
   

  	
  E.ON Benelux Holding BV,
  NL-3009 AP Rotterdam

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  173,986.01

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, 91058 Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  36,810.09

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, 91058 Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,250.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH Co. oHG, 21683 Stade

  	
   

  	
  Balcke-Dürr GmbH

  

 

 

	
  Dresdner Bank AG

  	
   

  	
  86,929.50

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, Hannover

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  175,500.00

  	
   

  	
  EUR

  	
   

  	
  Scottishpower Generation
  Limited, Schottland

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  18,750.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH & Co. OHG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  90,856.50

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Cottbus

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  181,713.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, Hannover

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  7,100.00

  	
   

  	
  EUR

  	
   

  	
  China National Machinery
  and Equipment Import and Export Co. Ltd., Wuxi

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  533,120.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power
  Aktiengesellschaft, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,423,537.50

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  360,000.00

  	
   

  	
  EUR

  	
   

  	
  E.ON Benelux Holding B.V.,
  Rotterdam

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  20,170.50

  	
   

  	
  EUR

  	
   

  	
  ThyssenKrupp
  Xervon Energy GmbH, Duisburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  16,750.00

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Energia GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  76,250.00

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Energia GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  310,590.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Berlin AG & Co. KG, Berlin

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  64,500.00

  	
   

  	
  EUR

  	
   

  	
  Lenzing AG, Lenzing

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  266,074.02

  	
   

  	
  EUR

  	
   

  	
  Austrian Energy and
  Environment AG and Co. KG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  367,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  AG Power Generation, Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  367,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  AG, Power Generation, Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  70,500.00

  	
   

  	
  EUR

  	
   

  	
  De Smet Engineers &
  Contractors S.A., La Hulpe

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  720,000.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Benelux Holding B.V., Rotterdam, Niederlande

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  63,189.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, Hannover

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  73,452.96

  	
   

  	
  EUR

  	
   

  	
  Electrabel
  Nederland n.v., Zwolle, Niederlande

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  22,100.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Electric
  Corporation, Sichuan, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,404,200.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power Aktiengesellschaft,
  Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  174,930.00

  	
   

  	
  EUR

  	
   

  	
  OMV Deutschland GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  24,050.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.,
  Ltd., Sichuan, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  103,775.00

  	
   

  	
  EUR

  	
   

  	
  Thermodyn, Le Creusot,
  Frankreich

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  71,400.00

  	
   

  	
  EUR

  	
   

  	
  CNIM-DSB Agence La
  Courneuve

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  929,985.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  8,740.00

  	
   

  	
  EUR

  	
   

  	
  China National Machinery
  and Equipment Import and Export Wuxi Co., Ltd., China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  15,000.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  15,000.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  353,204.20

  	
   

  	
  EUR

  	
   

  	
  Siemens Aktiengesellschaft,
  Erlangen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  437,167.07

  	
   

  	
  EUR

  	
   

  	
  Kraftanlagen München GmbH,
  München

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  589,350.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  44,030.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  187,545.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Benelux bv, Rotterdam, Niederlande

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,665,600.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Cottbus

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,332,800.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Cottbus

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  22,500.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH & Co. KG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  54,000.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Stade GmbH & Co. KG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,898,050.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  128,000.00

  	
   

  	
  EUR

  	
   

  	
  Standardkessel GmbH, 47138
  Duisburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  128,000.00

  	
   

  	
  EUR

  	
   

  	
  Standardkessel GmbH, 47138
  Duisburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  729,838.00

  	
   

  	
  EUR

  	
   

  	
  Ansaldo
  Energia SpA, I-16152 Genova

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  398,888.00

  	
   

  	
  EUR

  	
   

  	
  STEAG
  Saar Energie AG, Saarbrücken

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  28,900.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.
  Ltd., Sichuan Province China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  28,900.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.,
  Ltd., Sichuan Province, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  34,962.20

  	
   

  	
  EUR

  	
   

  	
  swb
  Erzeugung GmbH & Co. KG, Bremen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  823,200.00

  	
   

  	
  EUR

  	
   

  	
  Forsmarks Kraftgrupp
  Aktiebolag, Sweden

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  511,975.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  511,975.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi Europe GmbH,
  Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  202,300.00

  	
   

  	
  EUR

  	
   

  	
  FISIA BABCOCK ENVIRONMENT
  GmbH, Gummersbach

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  28,900.00

  	
   

  	
  EUR

  	
   

  	
  Dongfang Boiler Group Co.
  Ltd., Sichuan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  15,750.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk Stade GmbH
  and Co. OHG, Stade

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,394,977.50

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  742,560.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Krümmel GmbH & Co. OHG, Geesthacht

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  53,440.93

  	
   

  	
  EUR

  	
   

  	
  Wuhan Dafang Electronic and
  Machinery Co., Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  31,120.22

  	
   

  	
  EUR

  	
   

  	
  Wuhan Dafang Electronic and
  Machinery Co., Ltd., Wuhan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  742,560.00

  	
   

  	
  EUR

  	
   

  	
  FISIA BABCOCK ENVIRONMENT
  GmbH, Gummersbach

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,290.00

  	
   

  	
  GBP

  	
   

  	
  Mazagon Dock Limited

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,700.00

  	
   

  	
  GBP

  	
   

  	
  Mazagon Dock Limited

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  497,000.00

  	
   

  	
  PLN

  	
   

  	
  Elektrociplowina
  Warszawskie S.A.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  4,146,414.00

  	
   

  	
  PLN

  	
   

  	
  Vattenfall Heat Poland S.A.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  750,000.00

  	
   

  	
  PLN

  	
   

  	
  Zaklady
  Azotowe ‘Pulawy’ S.A., Polen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  70,000.00

  	
   

  	
  PLN

  	
   

  	
  Vattenfall Heat Poland S.A.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  251,832.40

  	
   

  	
  PLN

  	
   

  	
  Zaklad
  Elektroenergetyczny H. Cz. Elsen Sp. Z o.o., Czestochowa

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  251,832.40

  	
   

  	
  PLN

  	
   

  	
  Zaklad
  Elektroenergetyczny H. Cz. Elsen Sp. Z o.o., Czestochowa

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  110,000.00

  	
   

  	
  PLN

  	
   

  	
  Elektrocieplownia
  Bedzin SA, Bedzin, Polen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  35,560.56

  	
   

  	
  PLN

  	
   

  	
  Elsen
  Sp.z.o.o., Czestochowa, Polen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  109,850.00

  	
   

  	
  PLN

  	
   

  	
  Electrownia Polaniec
  Spolka, Zawada

  	
   

  	
  Balcke-Dürr GmbH

  

 

 

	
  Dresdner Bank AG

  	
   

  	
  5,320.00

  	
   

  	
  SGD

  	
   

  	
  LG International
  (Singapore) Pte. Ltd.

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  134,393.33

  	
   

  	
  USD

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  134,395.00

  	
   

  	
  USD

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  137,690.00

  	
   

  	
  USD

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  137,690.00

  	
   

  	
  USD

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  134,393.33

  	
   

  	
  USD

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  134,395.00

  	
   

  	
  USD

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  134,393.33

  	
   

  	
  USD

  	
   

  	
  Guodian
  Zhenjiang Beilun Power Gene

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  137,690.00

  	
   

  	
  USD

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  137,690.00

  	
   

  	
  USD

  	
   

  	
  Zhejiang Tiandi
  Environmental Prote

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  320,000.00

  	
   

  	
  USD

  	
   

  	
  Guoxin Tendering Company
  Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  184,000.00

  	
   

  	
  USD

  	
   

  	
  Shandong Machinery I/E
  Gruop Corp.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,458,459.50

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources + El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,458,459.50

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources & El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  738,398.00

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources & El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  830,000.00

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources & El

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  11,000.00

  	
   

  	
  USD

  	
   

  	
  Hyundai Petrochemical Co.
  Ltd.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  33,500.00

  	
   

  	
  USD

  	
   

  	
  Hyundai Petrochemical Co.
  Ltd.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  2,000.00

  	
   

  	
  USD

  	
   

  	
  LG Engineering &
  Construction Corp.

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  40,000.00

  	
   

  	
  USD

  	
   

  	
  Shandong Sanrong
  Environmental Protection Engineering Co., Ltd, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  45,000.00

  	
   

  	
  USD

  	
   

  	
  Shandong Sanrong
  Environmental Protection Engineering Co. Ltd., China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  45,000.00

  	
   

  	
  USD

  	
   

  	
  Shandong Sanrong
  Environmental Protection Engineering Co. Ltd., China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  100,800.00

  	
   

  	
  USD

  	
   

  	
  Guoxin Tendering Corp.Ltd.,
  Beijing, China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  33,000.00

  	
   

  	
  USD

  	
   

  	
  ShanDong SanRong
  Environmental Protection Co., Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  33,000.00

  	
   

  	
  USD

  	
   

  	
  ShanDong SanRong
  Environmental Protection Co., Ltd.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  275,380.00

  	
   

  	
  USD

  	
   

  	
  Zhejiang Tianhong Material
  Trading Co. Ltd., Zhejiang

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  408,985.50

  	
   

  	
  USD

  	
   

  	
  Yanbu national
  petrochemical company (yansab), p.o. box 5101, riyadh 11422, kingdom of saudi
  arabia

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  1,005,428.00

  	
   

  	
  USD

  	
   

  	
  China National Water
  Resources and Electric Power Materials and Equipment Co., Ltd., Beijing,
  China

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  68,670.00

  	
   

  	
  USD

  	
   

  	
  Tsinghua Tongfang
  Environment Co. Ltd., Haidan

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  98,130.00

  	
   

  	
  USD

  	
   

  	
  Tsinghua Tongfang
  Environment Co., Ltd., Beijing

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  99,000.00

  	
   

  	
  USD

  	
   

  	
  De Smet Engineer &
  Contractors s.a., La Hulpe, Belgium

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Dresdner Bank AG

  	
   

  	
  26,000.00

  	
   

  	
  USD

  	
   

  	
  GS Engineering &
  Construction Corp., Seoul

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  26,000.00

  	
   

  	
  USD

  	
   

  	
  GS Engineering &
  Construction Corp., Seoul, Korea

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  262,765.30

  	
   

  	
  USD

  	
   

  	
  Vedanta Alumina Ltd.

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  262,765.30

  	
   

  	
  USD

  	
   

  	
  Vedanta Alumina Ltd.

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  14,082.45

  	
   

  	
  USD

  	
   

  	
  China Petrochemical
  International Company Ltd.

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  6,999.90

  	
   

  	
  USD

  	
   

  	
  JGC Corporation

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  15,300.00

  	
   

  	
  USD

  	
   

  	
  Nikki Shoji Co. Ltd.

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  8,680.00

  	
   

  	
  USD

  	
   

  	
  Beijing SP Longyuan
  Environmental Protection Engineering Co. Ltd.

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Dresdner Bank AG

  	
   

  	
  5,100.00

  	
   

  	
  USD

  	
   

  	
  Korea Cottrell Co. Ltd.

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  112,159.40

  	
   

  	
  CHF

  	
   

  	
  CERN, CH-1211 Geneve 23

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  13,000.00

  	
   

  	
  EUR

  	
   

  	
  Rosen Rosignano Energia SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  44,935.00

  	
   

  	
  EUR

  	
   

  	
  Enel Green Power SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  54,298.00

  	
   

  	
  EUR

  	
   

  	
  Technip Italy SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  777,000.00

  	
   

  	
  EUR

  	
   

  	
  VA TECH HYDRO

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  76,810.00

  	
   

  	
  EUR

  	
   

  	
  Borealis Polyethylene Oy

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  238,185.00

  	
   

  	
  EUR

  	
   

  	
  Union Banka D.D. Sarajevo

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  21,950.00

  	
   

  	
  EUR

  	
   

  	
  Outokumpu Technology GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  6,000.00

  	
   

  	
  EUR

  	
   

  	
  Enel Green Power SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  8,263.31

  	
   

  	
  EUR

  	
   

  	
  ENICHEM

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  13,000.00

  	
   

  	
  EUR

  	
   

  	
  Polimeri Europa SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  15,493.71

  	
   

  	
  EUR

  	
   

  	
  ENICHEM

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  16,000.00

  	
   

  	
  EUR

  	
   

  	
  Polimeria Europa SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  30,000.00

  	
   

  	
  EUR

  	
   

  	
  ENICHEM

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  231,000.00

  	
   

  	
  EUR

  	
   

  	
  Air Liquide Progetti Italia
  SRL

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  2,750.00

  	
   

  	
  EUR

  	
   

  	
  Alfa SRL

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  19,500.00

  	
   

  	
  EUR

  	
   

  	
  Proda SRL

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  10,000.00

  	
   

  	
  EUR

  	
   

  	
  Ismaele e Demetrio Magnani

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  6,972.17

  	
   

  	
  EUR

  	
   

  	
  Soc.
  Immobiliare Tirrena S.p.A.

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  4,075,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  Power Generation Anlagentechnik GmbH, A-1140 Wien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  41,194.30

  	
   

  	
  EUR

  	
   

  	
  Nobaria Sugar and Refining
  Company, Giza

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  29,400.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  274,400.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  30,500.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze
  (FI), Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  25,330.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze
  (FI), Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  39,200.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze
  (FI), Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  54,000.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze

  	
   

  	
  Balcke-Dürr GmbH

  

 

 

	
  Intesa Sanpaolo SPA

  	
   

  	
  40,500.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  24,200.00

  	
   

  	
  EUR

  	
   

  	
  Consorzio Laziale Rifiuti,
  Roma

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  184,000.00

  	
   

  	
  EUR

  	
   

  	
  Technip Italy SPA, Rom

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  3,587.50

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone Spa, Firenze

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  25,112.50

  	
   

  	
  EUR

  	
   

  	
  NUOVO PIGNONE SPA, Firenze,
  Italy

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  37,000.00

  	
   

  	
  EUR

  	
   

  	
  Enel Produzione SPA, Milano

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  44,000.00

  	
   

  	
  EUR

  	
   

  	
  E.
  Giovi SRL, Roma, Italien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  265,388.70

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Via F.
  Matteucci 2, 50127 Firenze (FI), Italy

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  178,169.80

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Via F.
  Matteucci 2, 50127 Firenze (FI), Italy

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  89,084.90

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Via F.
  Matteucci 2, 50127 Firenze (FI), Italy

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  267,254.70

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Via F.
  Matteucci 2, 50127 Firenze (FI) Italy

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  18,000.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SpA, 50127
  Firenze (FI), Italy

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  49,737.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SpA, 50127
  Firenze

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  33,500.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SpA, 50127
  Firenze

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  41,660.00

  	
   

  	
  EUR

  	
   

  	
  Voest-Alpine
  Industrieanlangenbau GmbH, A-4031 Linz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  12,000.00

  	
   

  	
  EUR

  	
   

  	
  Pilkington
  Italia SPA, San Salvo

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  17,500.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  29,550.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze
  (FI), Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  54,538.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  16,923.60

  	
   

  	
  EUR

  	
   

  	
  SET SPA, Milano

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  28,556.80

  	
   

  	
  EUR

  	
   

  	
  Dakalia
  Sugar Co., Cairo, Egypt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  7,000.00

  	
   

  	
  EUR

  	
   

  	
  Enel Produzione S.p.A., Rom

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  39,200.00

  	
   

  	
  EUR

  	
   

  	
  Nuove Pignone SPA, Firenze
  (FI)

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  731,500.00

  	
   

  	
  EUR

  	
   

  	
  Cabot Italiana SPA, Ravenna

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  265,388.70

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SpA, Firenze

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  340,000.00

  	
   

  	
  EUR

  	
   

  	
  Enel
  Produzione SpA, Via Carducci

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  192,000.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo
  Pignone SPA, Arona, Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  42,800.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italy

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  5,800.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  6,800.00

  	
   

  	
  EUR

  	
   

  	
  Danieli Morgardshammar,
  S.A., Las Arenas

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  218,221.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SpA, 50127
  Firenze (FI)

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  75,834.00

  	
   

  	
  EUR

  	
   

  	
  Total Petrochemical France,
  Priest Cedex

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  6,000.00

  	
   

  	
  EUR

  	
   

  	
  ENEL Produzione SPA

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  96,300.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  123,064.40

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone S.p.A., Arona

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  22,280.00

  	
   

  	
  EUR

  	
   

  	
  Snamprogetti S.P.A., Italy

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  11,140.00

  	
   

  	
  EUR

  	
   

  	
  Snamprogetti S.P.A., Donato
  Milanese, Italien

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  11,000.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  14,298.50

  	
   

  	
  EUR

  	
   

  	
  Compagnie Thermique du Gol,
  Parigi, Italien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  39,500.00

  	
   

  	
  EUR

  	
   

  	
  SAMIR Refinery Route
  Cotiere, Mohammedia, Morocco

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  58,470.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  37,600.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  551,250.00

  	
   

  	
  EUR

  	
   

  	
  Nuovo Pignone SPA, Firenze,
  Italien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  87,369.88

  	
   

  	
  EUR

  	
   

  	
  Snamprogetti S.p.A., Donato
  Milanese, Italien

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  23,715.00

  	
   

  	
  EUR

  	
   

  	
  Snamprogetti SPA, San
  Donato Milanese

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  55,700.00

  	
   

  	
  EUR

  	
   

  	
  Snamprogetti S.P.A., Donato
  Milanese

  	
   

  	
  SPX U.L.M. GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  340,000.00

  	
   

  	
  EUR

  	
   

  	
  Ansaldo Energia, Genova

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  17,400.00

  	
   

  	
  EUR

  	
   

  	
  NUOVO PIGNONE SPA, FIRENZE

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  96,300.00

  	
   

  	
  EUR

  	
   

  	
  NUOVO PIGNONE SPA, Firenze

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  160,482.00

  	
   

  	
  GBP

  	
   

  	
  Snamprogetti SPA, Milanese,
  Italy

  	
   

  	
  General Signal UK Ltd.

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  568,000.00

  	
   

  	
  GBP

  	
   

  	
  Snamprogetti S.P.A.,
  Italien

  	
   

  	
  General Signal UK Ltd.

  
	
  Intesa Sanpaolo SPA

  	
   

  	
  26,390.00

  	
   

  	
  USD

  	
   

  	
  Toledo
  Electrical & Mechanical Work, Abu Dhabi

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  JP Morgan Chase Bank N.A.

  	
   

  	
  47,500.00

  	
   

  	
  AED

  	
   

  	
  Sensaire Services LLC,
  Dubai, VAE

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  JP Morgan Chase Bank N.A.

  	
   

  	
  6,540,000.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM
  (Switzerland) ltd., Baden, Schweiz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  JP Morgan Chase Bank N.A.

  	
   

  	
  778,865.10

  	
   

  	
  USD

  	
   

  	
  YANBU National
  Petrochemical Company (YANSAB)

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  JP Morgan Chase Bank N.A.

  	
   

  	
  51,445.50

  	
   

  	
  USD

  	
   

  	
  Eastern Petrochemical Co
  (Sharq), Keynes, England

  	
   

  	
  General Signal UK Ltd.

  
	
  JP Morgan Chase Bank N.A.

  	
   

  	
  41,050.60

  	
   

  	
  USD

  	
   

  	
  Eastern Petrochemical Co.
  (Sharq), Keynes, England

  	
   

  	
  General Signal UK Ltd.

  
	
  JP Morgan Chase Bank N.A.

  	
   

  	
  1,588,800.00

  	
   

  	
  USD

  	
   

  	
  Doosan Heavy Industries and
  Construction, Ltd., Kyungnam

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  48,250.00

  	
   

  	
  AED

  	
   

  	
  GECO Mechanical and Electrical
  Ltd., Dubai

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  KBC Bank N.V.

  	
   

  	
  242,440.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  32,779.28

  	
   

  	
  EUR

  	
   

  	
  B&B
  Bioenergie GmbH, Pfaffenhofen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  17,016.62

  	
   

  	
  EUR

  	
   

  	
  R+A
  Industrieanlagenbau GmbH, Vechta

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  127,500.00

  	
   

  	
  EUR

  	
   

  	
  L’Oreal
  USA Inc., Florence KY 41042, USA

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  9,000.00

  	
   

  	
  EUR

  	
   

  	
  FISIA BABCOCK ENVIRONMENT
  GMBH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  148,480.00

  	
   

  	
  EUR

  	
   

  	
  Steag
  Saar Energie AG, Saarbrücken

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  23,548.00

  	
   

  	
  EUR

  	
   

  	
  Babcock-Hitachi
  Europe GmbH, Oberhausen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  69,368.00

  	
   

  	
  EUR

  	
   

  	
  Deutsche
  BP Aktiengesellschaft Erdöl-Raffinerie Emsland, Lingen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  32,944.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Ruhrgas AG, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  6,670.00

  	
   

  	
  EUR

  	
   

  	
  M+W
  Zander Gebäudetechnik GmbH, Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  16,500.00

  	
   

  	
  EUR

  	
   

  	
  MARTIN GmbH, München

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  98,550.00

  	
   

  	
  EUR

  	
   

  	
  YARA Norge AS, Glomfjord,
  Norway

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  32,016.00

  	
   

  	
  EUR

  	
   

  	
  Deutsche
  BP Aktiengesellschaft, Erdöl-Raffinerie-Emsland, Postfach 2360, 49803 Lingen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  

 

 

	
  KBC Bank N.V.

  	
   

  	
  20,289.33

  	
   

  	
  EUR

  	
   

  	
  OMV
  Deutschland GmbH, Haiminger Str. 1, 84489 Burghausen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  13,760.60

  	
   

  	
  EUR

  	
   

  	
  Leobersdorfer
  Maschinenfabrik AG, A-2544 Leobersdorf

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  435.00

  	
   

  	
  EUR

  	
   

  	
  Amreya Petroleum Refining
  Co., Alexandria

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  81,400.00

  	
   

  	
  EUR

  	
   

  	
  SNC-LAVALIN GULF
  CONTRACTORS, Abu Dhabi

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  55,640.00

  	
   

  	
  EUR

  	
   

  	
  WUHAN DAFANG ELECTRONIC AND
  MACHINERY CO., LTD., Hubei, P.R.China

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  68,474.60

  	
   

  	
  EUR

  	
   

  	
  SNC-Lavalin Gulf
  Contractors, Abu Dhabi

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  37,263.00

  	
   

  	
  EUR

  	
   

  	
  L’Oreal
  USA Inc., Florence, USA

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  36,206.25

  	
   

  	
  EUR

  	
   

  	
  Procosa
  Produtos de Belza Ltda., Sao Paulo, Brasilien

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  3,211.42

  	
   

  	
  EUR

  	
   

  	
  Chemoprojekt a.s., Prag

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  799,900.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi Europe GmbH,
  Düsseldorf

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  62,699.50

  	
   

  	
  EUR

  	
   

  	
  UHDE GmbH, Bad Soden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  367,862.50

  	
   

  	
  EUR

  	
   

  	
  Prokon
  Nord Energiesysteme GmbH, Leer

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  17,000.00

  	
   

  	
  EUR

  	
   

  	
  ERCROS
  INDUSTRIAL, S.A., Barcelona

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  22,000.00

  	
   

  	
  EUR

  	
   

  	
  Iberdrola
  Ingenieria y construccion, Riga

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  10,471.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Switzerland Ltd.,
  Baden

  	
   

  	
  General Signal UK Ltd.

  
	
  KBC Bank N.V.

  	
   

  	
  41,055.00

  	
   

  	
  EUR

  	
   

  	
  Vinnolit GmbH &
  Co. KG, Ismaning

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  39,032.00

  	
   

  	
  EUR

  	
   

  	
  Urenco Deutschland GmbH,
  Gronau

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  522,767.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, Hannover

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  47,856.57

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kernkraft GmbH, Grafenrheinfeld

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  50,000.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Bad Soden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  70,805.00

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Power Generation AG, Mannheim

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  1,300.00

  	
   

  	
  EUR

  	
   

  	
  Daelim Industrial Co. Ltd.,
  Seoul, Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  5,960.00

  	
   

  	
  EUR

  	
   

  	
  Hyundai Enginee. &
  Constr. Co. Ltd., seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  5,960.00

  	
   

  	
  EUR

  	
   

  	
  Hyundai Enginee. &
  Constr. Co. Ltd., Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  19,000.00

  	
   

  	
  EUR

  	
   

  	
  YARA Sluiskil B.V.,
  Sluiskil, Niederlande

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  41,055.84

  	
   

  	
  EUR

  	
   

  	
  Audi AG, Ingolstadt

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  80,325.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GbmH, Hannover

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  47,200.00

  	
   

  	
  EUR

  	
   

  	
  SNC-Lavalin Gulf
  Contractors L.L.C., Abu Dhabi, V.A.E.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  46,410.00

  	
   

  	
  EUR

  	
   

  	
  MAN Ferrostahl AG, Essen

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  381,990.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi Europe GmbH,
  Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  9,400.00

  	
   

  	
  EUR

  	
   

  	
  Samsung Engineering Co.
  Ltd., Seoul, Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  9,400.00

  	
   

  	
  EUR

  	
   

  	
  Samsung Engineering Co.
  Ltd., Seoul, Korea

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  23,842.13

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  41,132.00

  	
   

  	
  EUR

  	
   

  	
  KG für
  Vermögensverwaltung Garching GmbH & Co.

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  225,000.00

  	
   

  	
  EUR

  	
   

  	
  Prayon S.A., Engis, Belgien

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  54,870.90

  	
   

  	
  EUR

  	
   

  	
  ThyssenKrupp Steel AG,
  Duisburg

  	
   

  	
  Nema Airfin GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  75,317.90

  	
   

  	
  EUR

  	
   

  	
  S &
  W Müller Verwaltungs GbR, Ingolstadt

  	
   

  	
  SPX
  U.L.M. GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  58,131.50

  	
   

  	
  EUR

  	
   

  	
  Siemens AG, Erlangen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  38,500.00

  	
   

  	
  EUR

  	
   

  	
  Shell Eastern Petroleum
  (Pte) Ltd., Singapore

  	
   

  	
  SPX U.L.M. GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  1,375,000.00

  	
   

  	
  EUR

  	
   

  	
  Lankdhanavi Ltd., Colombo

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  58,500.00

  	
   

  	
  EUR

  	
   

  	
  Scottish Power Generation
  Ltd., Glasgow

  	
   

  	
  Balcke-Dürr GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  700,000.00

  	
   

  	
  EUR

  	
   

  	
  Reservierung
  für Johnson Pumps/Belgien

  	
   

  	
  Johnson Pump (Brussels)
  N.V.

  
	
  KBC Bank N.V.

  	
   

  	
  1,991.20

  	
   

  	
  GBP

  	
   

  	
  Western Desert Operating
  Petroleum, Alexandria, Egypt

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  KBC Bank N.V.

  	
   

  	
  6,930.00

  	
   

  	
  SGD

  	
   

  	
  Praj Industries Limited,
  Pune, India

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  KBC Bank N.V.

  	
   

  	
  46,700.00

  	
   

  	
  SGD

  	
   

  	
  Keppel Fels Limited,
  Singapore

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  
	
  KBC Bank N.V.

  	
   

  	
  68,348.00

  	
   

  	
  USD

  	
   

  	
  SNC-Lavalin Gulf
  Contractors, Abu Dhabi, V.A.E.

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  19,500.00

  	
   

  	
  USD

  	
   

  	
  GE Engineering &
  Construction, GS Yeokjeon Bldg., Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  KBC Bank N.V.

  	
   

  	
  20,000.00

  	
   

  	
  USD

  	
   

  	
  Arab Potash Company Ltd.,
  Amman

  	
   

  	
  SPX Process Equipment
  Limited

  
	
  Zürich Versicherung AG

  	
   

  	
  1,126,767.70

  	
   

  	
  EUR

  	
   

  	
  Linde AG, 82049 Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  15,428.00

  	
   

  	
  EUR

  	
   

  	
  Entis-Systemtechnik GmbH,
  Rennerod

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  6,496.00

  	
   

  	
  EUR

  	
   

  	
  Blohm
  + Voss Industrietechnik GmbH, Hamburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  30,530.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  13,914.20

  	
   

  	
  EUR

  	
   

  	
  Shell
  Deutschland Oil GmbH, Wesseling

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  46,052.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  950,000.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Lippe-Ems GmbH, Lingen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  652,408.45

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk
  Grundremmingen GmbH, Grundremmingen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  9,628.00

  	
   

  	
  EUR

  	
   

  	
  Rotamill
  Anlagen- und Ventilatorenbau GmbH, Siegen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  34,854.97

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kraftwerke GmbH, Hannover

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  94,670.00

  	
   

  	
  EUR

  	
   

  	
  BAMAG GmbH and Co. KG

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  148,944.00

  	
   

  	
  EUR

  	
   

  	
  Gemeinschaftskernkraftwerk
  Grohnde GmbH

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  258,475.95

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  79,460.00

  	
   

  	
  EUR

  	
   

  	
  Shell and DEA Oil GmbH, Rheinland
  Raffinerie Werk Wesseling

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,780.00

  	
   

  	
  EUR

  	
   

  	
  Babcock
  Borsig Service GmbH, Oberhausen

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  28,000.00

  	
   

  	
  EUR

  	
   

  	
  UBRAS
  MASCHINENFABRIK Ges.m.b.H., Völkermarkt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  19,562.47

  	
   

  	
  EUR

  	
   

  	
  Reining
  Heisskühlung GmbH & Co. KG, Mülheim an der Ruhr

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  32,720.12

  	
   

  	
  EUR

  	
   

  	
  Wingas GmbH, Kassel

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  35,603.30

  	
   

  	
  EUR

  	
   

  	
  Wingas GmbH, Kassel

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  7,968.39

  	
   

  	
  EUR

  	
   

  	
  Metz Anlagentechnik GmbH

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  13,384.60

  	
   

  	
  EUR

  	
   

  	
  Voith
  Siemens Hydro Kraftwerkstechnik GmbH & Co. KG

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  22,026.08

  	
   

  	
  EUR

  	
   

  	
  Oschatz GmbH, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  

 

 

	
  Zürich Versicherung AG

  	
   

  	
  13,384.60

  	
   

  	
  EUR

  	
   

  	
  Voith
  Siemens Hydro Kraftwerkstechnik GmbH + Co. KG, Heidenheim

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  13,384.60

  	
   

  	
  EUR

  	
   

  	
  Voith
  Siemens Hydro Kraftwerkstechnik GmbH & Co. KG, Hildesheim

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  8,600.00

  	
   

  	
  EUR

  	
   

  	
  FISIA Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  414,260.00

  	
   

  	
  EUR

  	
   

  	
  Nordostschweizerische
  Kraftwerke AG, Baden

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  1,734.20

  	
   

  	
  EUR

  	
   

  	
  Xstrata Zink GmbH,
  Nordenham

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  26,908.52

  	
   

  	
  EUR

  	
   

  	
  Kraftanlagen München GmbH,
  München

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  110,427.50

  	
   

  	
  EUR

  	
   

  	
  Prokon
  Nord Energiesysteme GmbH, Leer

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  18,177.20

  	
   

  	
  EUR

  	
   

  	
  R + A
  Industrieanlagenbau GmbH, Vechta

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  8,874.00

  	
   

  	
  EUR

  	
   

  	
  OSCHATZ GmbH, Essen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  7,980.00

  	
   

  	
  EUR

  	
   

  	
  Röhm
  GmbH & Co. KG, 64293 Darmstadt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  6,264.00

  	
   

  	
  EUR

  	
   

  	
  Deutsches
  Elektronen-Synchrotron Desy, 22607 Hamburg

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  454,105.20

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Peitz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  36,540.00

  	
   

  	
  EUR

  	
   

  	
  Röhm
  GmbH & Co. KG, Darmstadt

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  2,360.00

  	
   

  	
  EUR

  	
   

  	
  Samsung Engineering Co.
  Ltd., Seoul

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  87,452.40

  	
   

  	
  EUR

  	
   

  	
  ExxonMobil
  Production Deutschland GmbH, Hannover

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,084.00

  	
   

  	
  EUR

  	
   

  	
  SE Tylose GmbH + Co. KG,
  Rheingaustr. 190 - 196, 65203 Wiesbaden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,780.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Bad Soden

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  5,742.00

  	
   

  	
  EUR

  	
   

  	
  Blohm+Voss
  Industrietechnik GmbH, Hamburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  11,774.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM Power Boiler GmbH,
  Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  17,661.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM Power Boiler GmbH,
  Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  35,322.00

  	
   

  	
  EUR

  	
   

  	
  Babcock-Hitachi
  Europe GmbH, Oberhausen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  52,200.00

  	
   

  	
  EUR

  	
   

  	
  BKS
  Bio-Kraftwerk Schkölen GmbH, Schkölen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  18,664.40

  	
   

  	
  EUR

  	
   

  	
  OMYA
  GmbH, Werk Burgberg, Giengen/Brenz

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  10,231.00

  	
   

  	
  EUR

  	
   

  	
  BBP Energy GmbH, Oberhausen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  12,702.00

  	
   

  	
  EUR

  	
   

  	
  Fernwärmeverbund
  Niederrhein Duisburg / Dinslaken GmbH & Co. KG, Dinslaken

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  18,560.00

  	
   

  	
  EUR

  	
   

  	
  Martin
  GmbH für Umwelt- und Energietechnik, München

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  665,600.00

  	
   

  	
  EUR

  	
   

  	
  ALSTOM (Switzerland) Ltd.,
  Baden

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  5,626.00

  	
   

  	
  EUR

  	
   

  	
  MAN
  TURBO AG, Hermann-Blohm-Str. 5, 20457 Hamburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  115,301.44

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kernkraft GmbH, Kernkraftwerk Grafenrheinfeld, Postfach 7, 97506
  Grafenrheinfeld

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  8,600.00

  	
   

  	
  EUR

  	
   

  	
  FISIA Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  12,400.00

  	
   

  	
  EUR

  	
   

  	
  CIMRIA SKET GmbH, 39120
  Magdeburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  848,540.00

  	
   

  	
  EUR

  	
   

  	
  Uhde GmbH, Dortmund

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  1,035,650.00

  	
   

  	
  EUR

  	
   

  	
  Nordostschweizerische
  Kraftwerke AG, Parkstr. 23, 5401 Baden, Schweiz

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  69,600.00

  	
   

  	
  EUR

  	
   

  	
  Steag Aktiengesellschaft,
  Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  24,940.00

  	
   

  	
  EUR

  	
   

  	
  Stadt Nürnberg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  121,800.00

  	
   

  	
  EUR

  	
   

  	
  Henkel KGAA, Düsseldorf

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  25,000.00

  	
   

  	
  EUR

  	
   

  	
  Steag AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  921,850.00

  	
   

  	
  EUR

  	
   

  	
  Ruhr Oel GmbH,
  Gelsenkirchen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  437,146.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Trier

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  32,219.00

  	
   

  	
  EUR

  	
   

  	
  Raffinerie-KW-Betriebs
  GmbH, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  10,208.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcok Environment
  GmbH, 51643 Gummersbach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  15,370.00

  	
   

  	
  EUR

  	
   

  	
  STAHLWERKE BREMEN GmbH,
  Bremen

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  5,950.00

  	
   

  	
  EUR

  	
   

  	
  MAN Turbo AG, Hamburg

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  76,768.80

  	
   

  	
  EUR

  	
   

  	
  Sasol Germany GmbH, 47443
  Moers

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  779,520.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  448,000.00

  	
   

  	
  EUR

  	
   

  	
  RWE Power AG, Essen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  17,661.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Boiler GmbH,
  Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  11,774.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Boiler GmbH,
  Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  660,620.00

  	
   

  	
  EUR

  	
   

  	
  Kraftwerk Mehrum GmbH,
  Hohenhameln

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  16,389.14

  	
   

  	
  EUR

  	
   

  	
  Bau- und
  Liegenschaftsbetrieb NRW, Dortmund

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  16,389.14

  	
   

  	
  EUR

  	
   

  	
  Bau-
  und Liegenschaftsbetrieb NRW, Dortmund

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  15,000.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcok Environment
  GmbH, 51643 Gummersbach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  124,094.49

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Düsseldorf AG,
  Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  12,818.00

  	
   

  	
  EUR

  	
   

  	
  M + W
  Zander Gebäudetechnik GmbH, Bochum

  	
   

  	
  SPX Cooling Technologies GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  66,085.37

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Peitz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  921,850.00

  	
   

  	
  EUR

  	
   

  	
  Ruhr Oel GmbH,
  Gelsenkirchen

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  53,940.00

  	
   

  	
  EUR

  	
   

  	
  Sasol Solvents Germany
  GmbH, Moers

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  25,578.00

  	
   

  	
  EUR

  	
   

  	
  Wulff Deutschland GmbH,
  Husum

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  3,770.00

  	
   

  	
  EUR

  	
   

  	
  Hager
  + Elsaesser GmbH, Ruppmannstr. 22, 70565 Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  1,990.00

  	
   

  	
  EUR

  	
   

  	
  Hager + Elsaesser GmbH,
  Stuttgart

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  5,200.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  196,040.00

  	
   

  	
  EUR

  	
   

  	
  Shell
  Deutschland Oil GmbH, Hamburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  153,318.07

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG & Co. KG, Peitz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  43,344.50

  	
   

  	
  EUR

  	
   

  	
  Henkel KGAA

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  43,000.00

  	
   

  	
  EUR

  	
   

  	
  Linde AG, Pullach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  55,000.00

  	
   

  	
  EUR

  	
   

  	
  voestalpine Stahl GmbH,
  Linz

  	
   

  	
  SPX Cooling Technologies
  GmbH

  

 

 

	
  Zürich Versicherung AG

  	
   

  	
  154,048.36

  	
   

  	
  EUR

  	
   

  	
  BayernOil
  Raffineriegesellschaft mbH, Ingolstadt

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  184,787.13

  	
   

  	
  EUR

  	
   

  	
  BayernOil
  Raffineriegesellschaft mbH, Ingolstadt

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,000.00

  	
   

  	
  EUR

  	
   

  	
  Jacobs
  Netherland B.V., Leiden

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  7,500.00

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Energia Oy,
  Varkaus

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  66,160.83

  	
   

  	
  EUR

  	
   

  	
  Linde AG, Pullach

  	
   

  	
  Bran + Luebbe GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  38,377.50

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Kernkraft GmbH, Stadland

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  654,500.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG und Co. KG, 03050 Cottbus

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  178,500.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Generation AG und Co. KG, 03050 Cottbus

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  49,875.00

  	
   

  	
  EUR

  	
   

  	
  Vattenfall
  Europe Hamburg AG, Hamburg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,681.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcok Environment ,
  Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  42,000.00

  	
   

  	
  EUR

  	
   

  	
  Fisi Babcock Environment
  GmbH, 51643 Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  149,477.29

  	
   

  	
  EUR

  	
   

  	
  Stadtwerke Düsseldorf AG,
  Düsseldorf

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,681.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,681.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  13,927.17

  	
   

  	
  EUR

  	
   

  	
  Choren
  Fuel Freiberg GmbH + Co. KG

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  25,216.10

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcock Environment
  GmbH

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  2,700,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  Power Generation Anlagentechnik GmbH, Wien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  2,615,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  Power Generation Anlagentechnik GmbH, Wien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  600,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  Power Generation Anlagentechnik GmbH, Wien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  600,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  Power Generation Anlagentechnik GmbH, Wien

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  4,075,000.00

  	
   

  	
  EUR

  	
   

  	
  Siemens
  Power Generation Anlagentechnik GmbH, Wien, Österreich

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  33,750.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  360,000.00

  	
   

  	
  EUR

  	
   

  	
  KAB Takuma GmbH, Berlin

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  353,430.00

  	
   

  	
  EUR

  	
   

  	
  Alstom
  Power Generation AG, Mannheim

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  308,096.71

  	
   

  	
  EUR

  	
   

  	
  BayernOil
  Raffineriegesellschaft mbH, Ingolstadt

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  256,747.26

  	
   

  	
  EUR

  	
   

  	
  BayernOil Raffineriegesellschaft
  mbH, Ingolstadt

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  8,000.00

  	
   

  	
  EUR

  	
   

  	
  Fisis Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  43,000.00

  	
   

  	
  EUR

  	
   

  	
  Linde AG, Pullach

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  20,527.50

  	
   

  	
  EUR

  	
   

  	
  MAN Turbo AG, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  9,812.00

  	
   

  	
  EUR

  	
   

  	
  Martin
  GmbH für Umwelt- und Energietechnik, München

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  790,041.00

  	
   

  	
  EUR

  	
   

  	
  Wingas GmbH, Kassel

  	
   

  	
  SPX Cooling Technologies
  GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  6,711.60

  	
   

  	
  EUR

  	
   

  	
  MAN Turbo AG, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  307,978.55

  	
   

  	
  EUR

  	
   

  	
  BayernOil
  Raffineriegesellschaft mbH, Ingolstadt

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  369,574.25

  	
   

  	
  EUR

  	
   

  	
  BayernOil
  Raffineriegesellschaft mbH, Ingolstadt

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  27,965.00

  	
   

  	
  EUR

  	
   

  	
  Stadt Nürnberg, Nürnberg

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  79,000.00

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  28,560.00

  	
   

  	
  EUR

  	
   

  	
  MAN TURBO AG, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  26,061.00

  	
   

  	
  EUR

  	
   

  	
  MAN Turbo AG, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  50,432.20

  	
   

  	
  EUR

  	
   

  	
  Fisia Babcock Environment
  GmbH, Gummersbach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  15,470.00

  	
   

  	
  EUR

  	
   

  	
  MAN TURBO AG, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  19,397.00

  	
   

  	
  EUR

  	
   

  	
  MAN TURBO AG, Hamburg

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  26,625.00

  	
   

  	
  EUR

  	
   

  	
  Industrie
  du bois vielsalm & cie S.A., Vielsalm, Belgien

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  159,750.00

  	
   

  	
  EUR

  	
   

  	
  Industrie
  du bois Vielsalm & Cie S.A., Vielsalm, Belgien

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  1,355,410.00

  	
   

  	
  EUR

  	
   

  	
  Kraftwerk
  Mehrum GmbH, 31249 Hohenhameln/Mehrum,

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  80,067.17

  	
   

  	
  EUR

  	
   

  	
  Energieversorgung Offenbach
  AG, 63004 Offenbach

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  100,674.00

  	
   

  	
  EUR

  	
   

  	
  EPC Engineering Consulting
  GmbH, Rudolstadt

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  49,500.00

  	
   

  	
  EUR

  	
   

  	
  Foster Wheeler Energia OY,
  Varkaus, Finnland

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  23,734.55

  	
   

  	
  EUR

  	
   

  	
  CHOREN
  FUEL Freiberg GmbH & Co. KG, Freiberg

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  742,560.00

  	
   

  	
  EUR

  	
   

  	
  Kernkraftwerk Kümmel GmbH,
  Geesthacht

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  34,439.79

  	
   

  	
  EUR

  	
   

  	
  Wingas GmbH, Kassel

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  21,500.00

  	
   

  	
  EUR

  	
   

  	
  Linde AG, Pullach

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  11,067.00

  	
   

  	
  EUR

  	
   

  	
  Alstom Power Boiler GmbH,
  Stuttgart

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  199,920.00

  	
   

  	
  EUR

  	
   

  	
  E.ON
  Anlagenservice GmbH, Gelsenkirchen

  	
   

  	
  Balcke-Dürr GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  35,105.00

  	
   

  	
  EUR

  	
   

  	
  Hitachi
  Power Europe GmbH, Oberhausen

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  213,000.00

  	
   

  	
  EUR

  	
   

  	
  Industrie
  du bois Vielsalm & Cie S.A., Vielsalm

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  315,231.00

  	
   

  	
  EUR

  	
   

  	
  Ruhr Oel GmbH,
  Gelsenkirchen

  	
   

  	
  Nema Airfin GmbH

  
	
  Zürich Versicherung AG

  	
   

  	
  60,679.40

  	
   

  	
  USD

  	
   

  	
  JGC Corporation, Yokohama

  	
   

  	
  SPX Process Equipment Pte.
  Ltd.

  

 

 

Schedule 2.6(g)

 

	
   

  	
   

  	
  Obligations
  of Foreign Issuing Lenders

  
	
   

  	
   

  	
   

  
	
  Booking:

  	
   

  	
  Upon
  the execution of the instructions to issue a Foreign Credit Instrument, the
  relevant Foreign Issuing Lender shall debit the amount of the Foreign Credit
  Instrument to the internal Foreign Credit Instrument account of the relevant
  Borrower maintained by it. Execution in this context refers to handing over
  or sending the Foreign Credit Instrument to the beneficiary, the relevant
  Borrower or any third party nominated by such Borrower or instructing the
  Indirect Foreign Issuing Lender to issue a Foreign Credit Instrument.

  
	
   

  	
   

  	
   

  
	
  Examination
  of

  	
   

  	
   

  
	
  Documents:

  	
   

  	
  Demands,
  statements and other documents which are to be presented under any Foreign
  Credit Instrument shall be examined by the relevant Foreign Issuing Lender
  with reasonable care to ascertain whether they appear on their face to
  conform to the terms of such Foreign Credit Instrument and (a) in the
  case of Foreign Credit Instruments subject to UCP 500, do not appear to be
  inconsistent with one another, and (b) in the case of Foreign Credit
  Instruments subject to UCP 600, the data in each document does not appear to
  conflict with data in that document, any other stipulated document or the
  Foreign Credit Instrument. Such Foreign Issuing Lender is entitled to treat
  documents transmitted by teletransmission (e.g. SWIFT-Messages) as originals.

  
	
  Notice
  to the

  	
   

  	
   

  
	
  Borrower:

  	
   

  	
  Each
  Foreign Issuing Lender will inform the Foreign Trade Facility Agent and the
  relevant Borrower promptly of any debiting, reduction and reversal of a
  Foreign Credit Instrument issued by it as well as of the receipt of any
  documents (in particular payment demands) from a beneficiary or an Indirect
  Foreign Credit Instrument and are of relevance to such Borrower. Such Foreign
  Issuing Lender will make available the originals of such documents, upon
  request, to such Borrower to the extent that such Foreign Issuing Lender does
  not require them for the preservation of its rights or is not bound to keep
  them itself.

  
	
   

  	
   

  	
   

  
	
  Reversal
  in the

  	
   

  	
   

  
	
  Internal
  Foreign Credit

  	
   

  	
   

  
	
  Instrument
  Account:

  	
   

  	
  Each
  Foreign Issuing Lender shall reduce the amount of each Foreign Credit
  Instrument in its internal Foreign Credit Instrument account of the relevant
  Borrower maintained by it in accordance with Section 2.6(k).

  
	
   

  	
   

  	
   

  
	
  Foreign
  Credit Instruments

  	
   

  	
   

  
	
  under
  Paris Rules:

  	
   

  	
  In
  case a Foreign Issuing Lender is instructed, and prepared to execute the
  instructions, that either a Foreign Credit Instrument (other than a
  Counter-Guarantee) or a Counter-Guarantee together with a corresponding
  Indirect Foreign Credit Instrument be expressly subject to the Uniform
  Rules for Demand Guarantees of the International Chamber of Commerce in
  Paris, (Publication No. 458) then the latter apply with respect to reversals
  of such Foreign Credit Instrument. Unless otherwise stipulated in such
  Foreign Credit Instrument, such Foreign Issuing Lender may then in case of an
  ‘extend or pay’ demand effect payment

  

 

 

	
   

  	
   

  	
  then
  calendar days after giving notice thereof to the relevant Borrower, unless
  such Borrower has instructed such Foreign Issuing Lender beforehand to extend
  such Foreign Credit Instrument and such Foreign Issuing Lender has accepted
  such instructions.

   

  

 

2

 

Schedule 2.6(k)

 

Procedures for Release of Foreign Credit Instruments

 

[Date]

 

Letter of Release

 

Re:  your                                   No.                                         ,
for                                   

Dated:
                                      

in
favor of:                                

by
order of:                               

hereinafter
the “Foreign Credit Instrument”

 

To:  [Foreign Issuing Lender]

 

Ladies
and Gentlemen:

 

We
hereby confirm that we have not assigned, transferred, encumbered or otherwise
disposed of any of our rights or claims in connection with the captioned
Foreign Credit Instrument or the underlying obligations secured by such Foreign
Credit Instrument, and we are not aware that any third parties have claimed any
rights with respect to such Foreign Credit Instrument or the underlying
obligations.

 

We
hereby irrevocably and unconditionally release and discharge you with legally
binding and immediate effect from any and all obligations and liabilities in
connection with the captioned Foreign Credit Instrument.

 

	
   

  	
   

  	
   

  
	
  place
  and date

  	
   

  	
  stamp
  and legally binding

  
	
   

  	
   

  	
  signatures
  [of Beneficiary]

  

 

We
hereby confirm that the signatures give on this document correspond to those
deposited with us. The signatories are empowered to represent the company and
to issue the above letter of release.

 

	
   

  	
   

  	
   

  
	
  place
  and date

  	
  stamp
  and legally binding

  
	
   

  	
  signatures
  [of Beneficiary’s bank]

  

 

 

Schedule 2.6(m)

 

Form of Agreement for Joint Signature Foreign Credit Instruments

 

Agreement,
dated as of                           ,
20    , among [Foreign Issuing Lender], [Foreign Issuing
Lender] and [Foreign Issuing Lender] (collectively, the “Joint Issuing
Lenders”).

 

W  I  T  N  E  S  S
E  T  H :

 

WHEREAS, the Joint Issuing Lenders are party to the
Credit Agreement, dated as of September [    ], 2007
(the “Credit Agreement”), among SPX Corporation, a Delaware corporation
(the “Parent Borrower”),                               
(the “Requesting Borrower”), the other Foreign Subsidiary Borrowers
party thereto (together with the Requesting Borrower and the Parent Borrower,
the “Borrowers”), the Lenders (including the Joint Issuing Lenders)
party thereto, Bank of America, N.A., as Administrative Agent, and the other
agents party thereto;

 

WHEREAS,
pursuant to Section 2.6 of the Credit Agreement, the Requesting Borrower
has requested the issuance of a Joint Signature Foreign Credit Instrument in
the form of a [type of Foreign Credit Instrument] to [name of beneficiary] (the
“Beneficiary”) in the amount of                             
(the “Joint Instrument”); and

 

WHEREAS,
the Joint Issuing Lenders have appointed [name of relevant Joint Issuing
Lender] to as act their Joint Foreign Trade Facility Agent (the “Joint Agent”)
in accordance with Section 2.6(m)(ii) of the Credit Agreement;

 

NOW,
THEREFORE, the parties hereto hereby agree as follows:

 

1.             Defined Terms: Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein
shall have the meanings given to them in the Credit Agreement.

 

2.             Cooperation. Each party
hereto shall use its commercially reasonable efforts to provide for an orderly
administration of requests to issue or amend, or otherwise in respect of, the
Joint Instrument.

 

3.             Obligations of
the Joint Agent. In addition to the requirements set forth in Section 2.6(m) of
the Credit Agreement, the Joint Agent hereby agrees to:

 

(a)           coordinate the instruction process in respect of the
Joint Instrument by (i) representing the Joint Issuing Lenders in any
related discussions with the Foreign Trade Facility Agent and/or the Requesting
Borrower aimed at achieving final instruction and (ii) cooperating and
consulting with the Joint Issuing Lenders accordingly;

 

(b)           coordinate the issuance and amendment processes in
respect of the Joint Instrument by (i) representing the Joint Issuing
Lenders in any related discussions with the Beneficiary, (ii) cooperating
and consulting with the Joint Issuing Lenders accordingly and, to the extent
necessary, with the Requesting Borrower in order to obtain such Requesting
Borrower’s consent, (iii) drafting and negotiating the terms of the Joint
Instrument in accordance with Annex I hereto and (iv) delivering the Joint
Instrument to the Beneficiary;

 

(c)           if the Beneficiary demands payment under the Joint
Instrument, coordinate among the Joint Issuing Lenders by (i) receiving
from the Beneficiary, and promptly delivering to the Joint Issuing Lenders,
such payment demand, (ii) informing the Requesting Borrower of such
payment demand and, to

 

 

the
extent required by the Joint Instrument, obtaining such Requesting Borrower’s
consent, (iii) cooperating and consulting with the Joint Issuing Lenders
with respect to decisions relating to the Joint Instrument, (iv) representing
the Joint Issuing Lenders in any related correspondence, discussions, honoring
or dishonoring with respect to the Joint Instrument and (v) collecting the
relevant proportional amounts from the Joint Issuing Lenders in the event any
payment demand is honored;

 

(d)           coordinate the reduction, cancellation, expiry and
release processes by (i) representing the Joint Issuing Lenders in any
related discussions with the Beneficiary, (ii) cooperating and consulting
with the Joint Issuing Lenders and the Requesting Borrower accordingly; and

 

(e)           receive, distribute and send any and all
correspondence related to its aforesaid duties.

 

4.             Authorization
of Joint Agent by Joint Issuing Lenders. Each Joint Issuing Lender
hereby authorizes the Joint Agent to represent it in connection with all
matters described under Section 3 above vis-à-vis
the Beneficiary, the Requesting Borrower, the Administrative Agent, the Foreign
Trade Facility Agent and the other Joint Issuing Lenders.

 

5.             Responsibility
and Liability. (a) Each Joint Issuing Lender is severally
responsible for promptly notifying the Requesting Borrower, pursuant to Section 2.6(h)(i) of
the Credit Agreement, of any request for payment made in respect of the Joint
Instrument. Each Joint Issuing Lender has made its own and independent
assessment with respect to any risk related to the Joint Instrument and its
respective obligations thereunder.

 

(b)           The Joint Agent shall be liable to each Joint
Issuing Lender and vice  versa only to the extent of its gross negligence or willful
misconduct.

 

(c)           Each Joint Issuing Lender agrees to promptly provide
all information received by it related to the Joint Instrument, including any
demand for payment thereunder, to the Joint Agent for distribution to the other
Joint Issuing Lenders, the Requesting Borrower and the Foreign Trade Facility
Agent.

 

6.             Miscellaneous. (a) Neither
this Agreement, nor any provision hereof, may be waived, amended or modified
except pursuant to an agreement or agreements in writing entered into by each
Joint Issuing Lender and the Joint Agent.

 

(b)           Sections 9.9 and 9.12 of the Credit Agreement shall
be applicable mutatis  mutandis.

 

(c)           This Agreement may be executed in any
number of counterparts, each of which shall constitute an original. 

 

2

 

IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed by their respective authorized officers as of the day and year first
above written.

 

	
   

  	
  [NAME
  OF FOREIGN ISSUING LENDER], as

  
	
   

  	
  Joint
  Issuing Lender and Joint Agent

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  [NAME
  OF FOREIGN ISSUING LENDER], as

  
	
   

  	
  Joint
  Issuing Lender

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  [NAME
  OF FOREIGN ISSUING LENDER], as

  
	
   

  	
  Joint
  Issuing Lender

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

 

Annex I

to Schedule 2.6(m)

 

Joint Instrument Requirements

 

Each
Joint Instrument shall:

 

1.             provide that
any demand for payment shall be made by the Beneficiary to the Joint Agent, and
any payment thereunder shall be made by each Joint Issuing Lender based on its pro
rata share in the Joint Instrument.

 

2.             set forth the
respective pro  rata share of each Joint Issuing Lender in the
Joint Instrument; and

 

3.             provide
that each Joint Issuing Lender shall be severally liable to the Beneficiary
only for its pro  rata share in the Joint Instrument.

 

 

 

 

 

 

	
  Daily
  Reports

  	
  Schedule 2.6(r)

  

 

1.

 

	
   

  	
   

  	
  Utilization

  	
   

  	
  Facility

  	
   

  	
  Available

  
	
  Total Foreign Trade Facility
  incl. “open issues” incl. “blocked amounts” 

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Categories  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  I – Warranty Guarantees  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  II – Performance Guarantees  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  III – Advance Payment Guarantees  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  IV – Tender Guarantees  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  V – General Purpose Guarantees

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Foreign Credit Instruments of  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Category I with a remaining lifetime >48 months
  *  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Category II with a remaining lifetime >48
  months *  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Category III with a remaining lifetime >48
  months *  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Category IV with a remaining lifetime >48
  months *  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Category V with a remaining lifetime >48 months
  *  

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

* amounts also included in utilization of respective Category

 

	
  Foreign Credit Instruments issued per Borrower

  	
   

  	
  Utilization

  	
   

  	
  open issues

  and blocked

  	
   

  	
   

  
	
  details:

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Borrower
  1

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Borrower
  2

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

	
  Foreign Credit Instruments per Foreign Issuing Lender

  	
   

  	
  Utilization

  	
   

  	
  fronting limit*

  	
   

  	
  Available

  
	
  details:

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Foreign
  Issuing Lender 1

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Foreign
  Issuing Lender 2

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

*
Foreign Credit Instrument Issuing Commitment

 

 

2.             Inventory **

 

	
  Reference
  

  Number of 

  Foreign Trade 

  Facility Agent

  	
   

  	
  Foreign 

  Issuing 

  Lender

  	
   

  	
  Blocked 

  amount

  	
   

  	
  Currency

  	
   

  	
  Amount of

  Currency

  	
   

  	
  Amount in 

  USD

  	
   

  	
  Type of

  Foreign 

  Credit 

  Instrument

  	
   

  	
  Country of

  Beneficiary

  	
   

  	
  Issuance 

  Date

  	
   

  	
  Fixed 

  Expiry 

  Date

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

	
  Commercial

  Lifetime

  	
   

  	
  Beneficiary

  	
   

  	
  Borrowers’ Ref.

  	
   

  	
  Borrower

  	
   

  	
  Ref.-No. of Foreign 

  Issuing Lender

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

**Captions
that are not applicable for a Foreign Credit Instrument will be left blank.

 

3.
activity report, substantially in the format below showing all issuances,
amendments (if applicable) and cancellations

 

	
  Reference 

  Number of 

  Foreign Trade 

  Facility Agent

  	
   

  	
  Foreign 

  Issuing 

  Lender

  	
   

  	
  Blocked 

  amount

  	
   

  	
  Currency

  	
   

  	
  Amount of 

  Currency

  	
   

  	
  Amount in USD

  	
   

  	
  Type of 

  Foreign Credit 

  Instrument

  	
   

  	
  Country of 

  Beneficiary

  	
   

  	
  Issuance 

  Date

  	
   

  	
  Fixed 

  Expiry 

  Date

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

	
  Commercial 

  Lifetime

  	
   

  	
  Beneficiary

  	
   

  	
  Borrowers’ Ref.

  	
   

  	
  Borrower

  	
   

  	
  Ref.-No. of Foreign Issuing Lender

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

2

 

Schedule 2.23

 

Foreign
Subsidiary Borrowers

 

(a) Under Global Revolving Facility

 

	
  Foreign Subsidiary Borrower

  	
   

  	
  Jurisdiction of Organization

  
	
  SPX Sweden AB

  	
   

  	
  Sweden

  

 

 

(b) Under
Foreign Trade Facility

 

	
  Foreign Subsidiary Borrower

  	
   

  	
  Jurisdiction of Organization

  
	
  SPX Process Equipment
  Pty. Ltd.*

  	
   

  	
  Australia

  
	
  Johnson Pump (Brussels)
  N.V./S.A.

  	
   

  	
  Belgium

  
	
  SPX Cooling
  Technologies GmbH

  	
   

  	
  Germany

  
	
  Balcke-Dürr GmbH

  	
   

  	
  Germany

  
	
  NEMA AirFin GmbH

  	
   

  	
  Germany

  
	
  SPX U.L.M. GmbH

  	
   

  	
  Germany

  
	
  Bran + Luebbe GmbH

  	
   

  	
  Germany

  
	
  Atex-Filter GmbH &
  Co. OHG

  	
   

  	
  Germany

  
	
  LDS Test and
  Measurement GmbH

  	
   

  	
  Germany

  
	
  SPX Europe GmbH

  	
   

  	
  Germany

  
	
  SPX Cooling
  Technologies Singapore Pte. Ltd.

  	
   

  	
  Singapore

  
	
  SPX Process Equipment
  Pte. Ltd.

  	
   

  	
  Singapore

  
	
  DBT Technologies
  (Proprietary) Limited*

  	
   

  	
  South Africa

  
	
  General Signal UK
  Limited

  	
   

  	
  United Kingdom

  
	
  SPX Process Equipment
  Limited

  	
   

  	
  United Kingdom

  

 

*Each of the Foreign
Subsidiary Borrowers with an asterisk next to its name has not yet submitted a
Borrowing Subsidiary Agreement to the Administrative Agent.  It is agreed that each such Subsidiary shall
still be considered a Foreign Subsidiary Borrower under the Loan Documents as
of the Effective Date but that such Foreign Subsidiary Borrower shall not be
permitted to request a Foreign Credit Instrument or Joint Signature Foreign
Credit Instrument unless and until within 45 days after the Effective Date a
duly executed Borrowing Subsidiary Agreement and related documentation has been
executed and delivered by such Foreign Subsidiary Borrower to the
Administrative Agent and the Foreign Trade Facility Agent in accordance with
the terms of Section 2.23.

 

 

Schedule 3.4

 

Disclosed
Matters

 

None.

 

 

Schedule 3.12 - Subsidiaries

 

	
  Subsidiary

  	
   

  	
  Parent Borrower’s 

  Direct and Indirect 

  Ownership Interest 

  (%)

  	
   

  	
  Jurisdiction of 

  Organization

  	
   

  	
  Subsidiary 

  Guarantor

  
	
  997958 Ontario Inc.

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  Administraciones Directas
  Interactivas Especializadas, S.C.

  	
   

  	
  100

  	
   

  	
  Mexico

  	
   

  	
  No

  
	
  AIA Commercial, S.A.

  	
   

  	
  67

  	
   

  	
  Spain

  	
   

  	
  No

  
	
  Airflow Construction Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  AMCA/Monroe Holdings Corp.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  Advanced Test Products GmbH (f/k/a AMPROBE Europe
  GmbH)

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Anglo-American Direct Tea Trading Company Limited
  (The)

  	
   

  	
  100*

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Atex Filter GmbH & Co. OHG

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Atex Filter Verwaltungsgesellschaft mbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  NESW 11 Limited (f/k/a Attack Engineering Limited)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Automotive Diagnostics U.K. Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Balcke-Dürr Austria GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Balcke-Dürr GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Balcke-Dürr Holding GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Balcke-Duerr Italiana,
  S.r.l.

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  Balcke-Dürr Management GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Balcke-Dürr Rothemühle Polska
  Sp. Z o.o.

  	
   

  	
  100

  	
   

  	
  Poland

  	
   

  	
  No

  

 

 

	
  BDT Limited

  	
   

  	
  91

  	
   

  	
  India

  	
   

  	
  No

  
	
  Best Power Technology Limited

  	
   

  	
  99.99

  	
   

  	
  Taiwan

  	
   

  	
  No

  
	
  Bicotest Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Blackwall Warehousing Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Bran+Luebbe

  	
   

  	
  100

  	
   

  	
  Norway

  	
   

  	
  No

  
	
  BRAN + LUEBBE Electronics GmbH & Co. KG

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  BRAN + LUEBBE Electronics
  Verwaltungs-GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  BRAN + LUEBBE GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  BRAN + LUEBBE Grundbesitz Gbr

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Bran+Luebbe KK

  	
   

  	
  100

  	
   

  	
  Japan

  	
   

  	
  No

  
	
  Bran Luebbe Ltda.

  	
   

  	
  99.8

  	
   

  	
  Brazil

  	
   

  	
  No

  
	
  Bran+Luebbe Pty. Ltd.

  	
   

  	
  99.99

  	
   

  	
  Australia

  	
   

  	
  No

  
	
  British Electronic Controls Limited (The)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Vokes-Air SAS (f/k/a Climavent SAS)

  	
   

  	
  100

  	
   

  	
  France

  	
   

  	
  No

  
	
  Consolidated Tea and Lands Company (India) Limited
  (The)

  	
   

  	
  100*

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Consolidated Tea and Lands Company Limited (The)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Corroless International Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Cox Fluidpower Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Coxmac Holdings Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Cox’s Machinery Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  DBT Technologies (Pty) Ltd

  	
   

  	
  74.9

  	
   

  	
  South Africa

  	
   

  	
  No

  
	
  Deca S.r.L.

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  SPX Dehydration & Process Filtration B.V.
  (f/k/a Deltech B.V.)

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  Deltech Engineering Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Dezurik International Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Dezurik of Australia Proprietary Limited

  	
   

  	
  100*

  	
   

  	
  Australia

  	
   

  	
  No

  

 

 

	
  D.F. Bevan (Holdings) plc

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Dillroad Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Dollinger Ireland Limited

  	
   

  	
  100

  	
   

  	
  Ireland

  	
   

  	
  No

  
	
  Dollinger World Limited

  	
   

  	
  100

  	
   

  	
  Ireland

  	
   

  	
  No

  
	
  Domestic Subsidiary Corporation

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  Electrolocation Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Engineering Analysis Associates, Inc.

  	
   

  	
  100

  	
   

  	
  Michigan

  	
   

  	
  Yes

  
	
  Eurogard BV

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  Fairbanks Morse Pump Corporation

  	
   

  	
  100

  	
   

  	
  Kansas

  	
   

  	
  No

  
	
  FCD (Canada) Inc.

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  Filter Supply and Manufacturing Company Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Flair Corporation

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Flair Filtration Private Limited

  	
   

  	
  100

  	
   

  	
  India

  	
   

  	
  No

  
	
  Fluid Technologies, Inc.

  	
   

  	
  100

  	
   

  	
  Oklahoma

  	
   

  	
  No

  
	
  G.C. Evans (Holdings) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  General Signal (China) Co., Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  General Signal Enterprises

  	
   

  	
  100

  	
   

  	
  Ireland

  	
   

  	
  No

  
	
  General Signal Environmental Risk Management Company

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  General Signal Europe Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  General Signal Healthcare Management, Inc.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  General Signal India Private Limited

  	
   

  	
  100

  	
   

  	
  India

  	
   

  	
  No

  
	
  General Signal Ireland B.V.

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  General Signal (S.E.G.) Asia Limited

  	
   

  	
  99.8

  	
   

  	
  Hong Kong

  	
   

  	
  No

  
	
  General Signal UK Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  General Signal Verwaltungsgesellschaft
  mbH i.L.

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Granyte Surface Coatings (Southern) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Guangzhou Marley Balcke Cooling Technologies Co.,
  Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  

 

 

	
  SPX (Guangzhou) Cooling Technologies Co., Ltd.
  (f/k/a Guangzhou Marley Cooling Tower Co. Ltd.)

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  H. Sharp & Son Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Hangzhou Kayex Zheda Electromechanical Co., Ltd.

  	
   

  	
  53.3

  	
   

  	
  China

  	
   

  	
  No

  
	
  Hankison de México, S. de
  R.L. de C.V.

  	
   

  	
  100

  	
   

  	
  Mexico

  	
   

  	
  No

  
	
  Hankison (UK) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Heat, Insulation & Ventilation Co., Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  High Ridge Ireland Ltd.

  	
   

  	
  100

  	
   

  	
  Ireland

  	
   

  	
  No

  
	
  Hole Holdings Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  IBS Filtran
  Kunstoff-/Metallerzeugnisse GmbH

  	
   

  	
  60

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Industri-Filter AS

  	
   

  	
  100

  	
   

  	
  Denmark

  	
   

  	
  No

  
	
  NESW 14 Limited (f/k/a Interfilta Limited)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Jack Hydraulics Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  JATEK, Limited

  	
   

  	
  100

  	
   

  	
  Japan

  	
   

  	
  No

  
	
  NESW 10 Limited (f/k/a Javelin Water Engineering
  Limited)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Jeffes Engineering Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Johnson Pompes s.a.r.l.

  	
   

  	
  100

  	
   

  	
  France

  	
   

  	
  No

  
	
  Johnson Pump AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  Johnson Pumpen AG

  	
   

  	
  100

  	
   

  	
  Switzerland

  	
   

  	
  No

  
	
  Johnson Pump AS

  	
   

  	
  100

  	
   

  	
  Norway

  	
   

  	
  No

  
	
  Johnson Pump Brussels N.V./S.A.

  	
   

  	
  100

  	
   

  	
  Brussels

  	
   

  	
  No

  
	
  Johnson Pumpen GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Johnson Pumper A/S

  	
   

  	
  100

  	
   

  	
  Denmark

  	
   

  	
  No

  
	
  Johnson Pump B.V.

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  Johnson Pump España SL

  	
   

  	
  100

  	
   

  	
  Spain

  	
   

  	
  No

  
	
  Johnson Pump (India) Ltd.

  	
   

  	
  100

  	
   

  	
  India

  	
   

  	
  No

  
	
  Johnson Pump Industrial AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  

 

 

	
  Johnson Pump Industry AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  Johnson Pump Italiana S.r.l.

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  Johnson Pump N.V./S.A.

  	
   

  	
  100

  	
   

  	
  Belgium

  	
   

  	
  No

  
	
  Johnson Pump Oy

  	
   

  	
  100

  	
   

  	
  Finland

  	
   

  	
  No

  
	
  Johnson Pump (Australia) Pty. Ltd.

  	
   

  	
  100

  	
   

  	
  Australia

  	
   

  	
  No

  
	
  Johnson Pump Svenska AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  Johnson Pump Water B.V.

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  Johnson Pumps of America, Inc.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  Joseph Mason Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Joseph Shakespeare & Co. Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  J.P. Pumps Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Jurubatech Technologia Automotiva Ltda.

  	
   

  	
  100*

  	
   

  	
  Brazil

  	
   

  	
  No

  
	
  Kayex China Holdings, Inc.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Kennedy Industrial Textiles Limited

  	
   

  	
  100*

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Kennedy Wagstaff Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Kent-Moore Brasil Indústria
  e Comércio Ltda.

  	
   

  	
  100*

  	
   

  	
  Brazil

  	
   

  	
  No

  
	
  Kent-Moore UK Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Kodiak Partners Corp.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  Kodiak Partners II Corp.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  LDS Test and Measurement Inc.

  	
   

  	
  100

  	
   

  	
  Connecticut

  	
   

  	
  No

  
	
  LDS Test and Measurement LLC

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  LDS Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  LDS Test and Measurement GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  LDS Test and Measurement Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  LDS Test and Measurement Sarl

  	
   

  	
  100

  	
   

  	
  France

  	
   

  	
  No

  
	
  Leeds & Northrup (France) S.A.R.L.

  	
   

  	
  100*

  	
   

  	
  France

  	
   

  	
  No

  
	
  Leeds & Northrup GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Leeds & Northrup Italy, Srl

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  Leeds & Northrup
  Mexicana, S.A.

  	
   

  	
  100*

  	
   

  	
  Mexico

  	
   

  	
  No

  
	
  Leeds & Northrup S.A.

  	
   

  	
  100

  	
   

  	
  Spain

  	
   

  	
  No

  

 

 

	
  Lightnin (Europe) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Lightnin Mixers Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Process Equipment Pty Ltd. (f/k/a Lightnin
  Mixers Pty. Ltd.)

  	
   

  	
  100

  	
   

  	
  Australia

  	
   

  	
  No

  
	
  Löwener OTC Tool GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Mactek Pty Limited

  	
   

  	
  100

  	
   

  	
  Australia

  	
   

  	
  No

  
	
  Marley Canadian Inc.

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  Marley Company LLC (The)

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Marley Cooling Tower Company (Europe) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Marley Cooling Tower Company (France) SNC

  	
   

  	
  100

  	
   

  	
  France

  	
   

  	
  No

  
	
  Marley Cooling Tower Company (U.K.) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Marley Cooling Tower (Holdings) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Marley Engineered Products LLC

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Marley Mexicana S.A. de C.V.

  	
   

  	
  100

  	
   

  	
  Mexico

  	
   

  	
  No

  
	
  Marley Services S.C.

  	
   

  	
  100

  	
   

  	
  Mexico

  	
   

  	
  No

  
	
  Marley Water-Line Sdn. Bhd.

  	
   

  	
  51

  	
   

  	
  Malaysia

  	
   

  	
  No

  
	
  Marley-Wylain Company (The)

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Mason Coatings plc

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  McLeod Russel Clean Air Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Vokes Limited (f/k/a McLeod Russel International
  Limited)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  McLeod Russel Investments plc

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  McLeod Russel Scandinavia AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  McLeod Russel Service Apres
  Vente SARL

  	
   

  	
  100

  	
   

  	
  France

  	
   

  	
  No

  
	
  MCT Services LLC

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Methworth Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  M.R. Services Limited

  	
   

  	
  100*

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  MRH Filter Beteiligungsgesellschaft mbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  NEMA AirFin GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  

 

 

	
  NESW 1 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  NESW 2 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  NESW 3 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  NESW 4 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  NESW 5 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  NESW 7 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  NESW 8 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  NESW 9 Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Pearpoint Holdings Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Pearpoint, Inc.

  	
   

  	
  100

  	
   

  	
  California

  	
   

  	
  No

  
	
  Pearpoint Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Pearpoint Overseas Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Platjohan AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  Premium Coatings Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  P.S.D., Inc.

  	
   

  	
  100

  	
   

  	
  Ohio

  	
   

  	
  Yes

  
	
  Radiodetection Australia Pty Limited

  	
   

  	
  100

  	
   

  	
  Australia

  	
   

  	
  No

  
	
  Radiodetection B.V.

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  Radiodetection (Canada) Ltd.

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  Radiodetection (China) Limited

  	
   

  	
  100*

  	
   

  	
  Hong Kong

  	
   

  	
  No

  
	
  Radiodetection GmbH
  Ortungstechnik i.L.

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Radiodetection Holdings Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Radiodetection JV Sdn Bhd

  	
   

  	
  100

  	
   

  	
  Malaysia

  	
   

  	
  No

  
	
  Radiodetection Limited [Japan]

  	
   

  	
  100

  	
   

  	
  Japan

  	
   

  	
  No

  
	
  Radiodetection Limited [UK]

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Radiodetection Sarl

  	
   

  	
  100

  	
   

  	
  France

  	
   

  	
  No

  
	
  Radiodetection Sp z.o.o.

  	
   

  	
  100

  	
   

  	
  Poland

  	
   

  	
  No

  
	
  Radiodetection Srl [Italy]

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  Radiodetection Srl [Romania]

  	
   

  	
  100

  	
   

  	
  Romania

  	
   

  	
  No

  
	
  Reclean AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  Ritch Engineering PTY Ltd

  	
   

  	
  100

  	
   

  	
  Australia

  	
   

  	
  No

  

 

 

	
  Scandfilter AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  NESW 13 Limited (f/k/a Seasonmaster Air Conditioning
  Limited)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Seldon & Co (Guildford) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Seldon (Refrigeration) Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Span International Limited

  	
   

  	
  100

  	
   

  	
  Bahamas

  	
   

  	
  No

  
	
  Spore Holdings Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Valley Forge (UK) Limited (f/k/a Spore Limited)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Air Filtration Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Dehydration & Process Filtration Canada
  Inc. (f/k/a SPX Air Treatment Canada Inc.)

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  SPX Air Treatment Holdings PLC

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Air Treatment Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Air Treatment (Shanghai) Co. Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX At Netherlands B.V.

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  SPX Australia Pty., Ltd.

  	
   

  	
  100

  	
   

  	
  Australia

  	
   

  	
  No

  
	
  SPX Canada

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  SPX Canada Holdings I ULC

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  SPX Canada Holdings III ULC

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  SPX Canada Limited Partnership

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  SPX Canada Partner I Co.

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  SPX Canada Partner II Co.

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  
	
  SPX Cooling Technologies Australia Pty Limited

  	
   

  	
  100

  	
   

  	
  Australia

  	
   

  	
  No

  
	
  SPX Cooling Technologies (Beijing) Co. Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Cooling Technologies Belgium S.A.

  	
   

  	
  100

  	
   

  	
  Belgium

  	
   

  	
  No

  
	
  SPX Cooling Technologies France SA

  	
   

  	
  99.88

  	
   

  	
  France

  	
   

  	
  No

  
	
  SPX Cooling Technologies GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  SPX Cooling Technologies Ibérica, S.L.

  	
   

  	
  100

  	
   

  	
  Spain

  	
   

  	
  No

  
	
  SPX Cooling Technologies Italia S.p.A.

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  SPX Cooling Technologies Malaysia Sdn Bhd

  	
   

  	
  100

  	
   

  	
  Malaysia

  	
   

  	
  No

  

 

 

	
  SPX Cooling Technologies, Inc.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  SPX Cooling Technologies Singapore Pte. Ltd.

  	
   

  	
  100

  	
   

  	
  Singapore

  	
   

  	
  No

  
	
  SPX Cooling Technologies UK Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Cooling Technologies (Zhangjiakou) Co. Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Corporation (China) Co., Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Corporation (Shanghai) Co., Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX CTS Italia S.r.l.

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  SPX de México, S.A. de C.V.

  	
   

  	
  100

  	
   

  	
  Mexico

  	
   

  	
  No

  
	
  SPX Europe GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  SPX Europe Holdings GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  SPX Filtran (Beijing) Automotive Engineered Products
  Co.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Filtran (Beijing) Filtration System Company Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Finance SARL

  	
   

  	
  100

  	
   

  	
  Luxembourg

  	
   

  	
  No

  
	
  SPX France S.R.L.

  	
   

  	
  100*

  	
   

  	
  France

  	
   

  	
  No

  
	
  SPX Holding Inc.

  	
   

  	
  100

  	
   

  	
  Connecticut

  	
   

  	
  No

  
	
  SPX Dehydration & Process Filtration GmbH
  (f/k/a SPX Hankinson International GmbH)

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  SPX Iberica S.A.

  	
   

  	
  100

  	
   

  	
  Spain

  	
   

  	
  No

  
	
  SPX International e.G.

  	
   

  	
  99.5

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  SPX International Holding GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  SPX International Management LLC

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  SPX International (Thailand) Limited

  	
   

  	
  100

  	
   

  	
  Thailand

  	
   

  	
  No

  
	
  SPX Italia S.r.l.

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  SPX Minnesota Properties, Inc.

  	
   

  	
  100

  	
   

  	
  Michigan

  	
   

  	
  No

  
	
  SPX Netherlands B.V.

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  SPX Process Equipment Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Process Equipment
  México, S.A. de C.V.

  	
   

  	
  100

  	
   

  	
  Mexico

  	
   

  	
  No

  

 

 

	
  SPX Process Equipment Pte. Ltd.

  	
   

  	
  100

  	
   

  	
  Singapore

  	
   

  	
  No

  
	
  SPX Receivables Company Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX Receivables, LLC

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  SPX Receivables II, LLC

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No**

  
	
  SPX Risk Management Co.

  	
   

  	
  84.98

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  SPX (Schweiz) A.G.

  	
   

  	
  100

  	
   

  	
  Switzerland

  	
   

  	
  No

  
	
  SPX (Shanghai) Consulting Co., Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Singapore Pte. Ltd.

  	
   

  	
  100

  	
   

  	
  Singapore

  	
   

  	
  No

  
	
  SPX Specialty Engineered Products (Shanghai) Co.
  Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Sweden AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  SPX (Tianjin) Cooling Technologies Co. Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX Transportation & Industrial Solutions
  (Suzhou) Co., Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  SPX U.L.M. GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  SPX United Kingdom Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  SPX US Finance LLC

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  No

  
	
  SPX Valves & Controls (Shanghai) Co., Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  Sre Electronics Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  TCI International, Inc.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Telespec Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Tigerholm Products AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  Tip Top Industrial Limited

  	
   

  	
  100

  	
   

  	
  Hong Kong

  	
   

  	
  No

  
	
  Tiros Sdn. Bhd.

  	
   

  	
  100

  	
   

  	
  Malaysia

  	
   

  	
  No

  
	
  Tomal AB

  	
   

  	
  100

  	
   

  	
  Sweden

  	
   

  	
  No

  
	
  U.D.I. Finance Limited

  	
   

  	
  100

  	
   

  	
  Ireland

  	
   

  	
  No

  
	
  U.D.I. Mauritius Limited

  	
   

  	
  100

  	
   

  	
  Mauritius

  	
   

  	
  No

  
	
  UD-RD Holding Company Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  United Dominion Industries Corporation

  	
   

  	
  100

  	
   

  	
  Canada

  	
   

  	
  No

  

 

 

	
  Valley Forge Technical Information Services GmbH

  	
   

  	
  100

  	
   

  	
  Germany

  	
   

  	
  No

  
	
  Valley Forge Technical Information
  Services, Inc.

  	
   

  	
  100

  	
   

  	
  Michigan

  	
   

  	
  Yes

  
	
  Vibration Sales & Service Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  VL Churchill Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Vokes Air AG

  	
   

  	
  100

  	
   

  	
  Switzerland

  	
   

  	
  No

  
	
  Vokes Air BV

  	
   

  	
  100

  	
   

  	
  Netherlands

  	
   

  	
  No

  
	
  NESW 12 Limited (f/k/a Vokes Air Filters Limited)

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Vokes Air GmbH

  	
   

  	
  100

  	
   

  	
  Austria

  	
   

  	
  No

  
	
  Vokes-Air Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Vokes-Air Srl

  	
   

  	
  100

  	
   

  	
  Italy

  	
   

  	
  No

  
	
  Vokes Filtration (Pty) Ltd (South Africa)

  	
   

  	
  100

  	
   

  	
  South Africa

  	
   

  	
  No

  
	
  Vokes Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Warren P S Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  100

  	
   

  	
  Wisconsin

  	
   

  	
  Yes

  
	
  WCB Mexico, S.A. de C.V.

  	
   

  	
  100

  	
   

  	
  Mexico

  	
   

  	
  No

  
	
  Weil-McLain (Shandong) Cast-Iron-Boiler Co., Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  Wheway Corporate Services Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Wheway Hampshire Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Wheway plc

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Wheway Secretarial Services Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Wilson Filters Limited

  	
   

  	
  90.008

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  W.P.H Cotton Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  W.P.H Papua New Guinea Plantations Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  W.T.H Investments Limited

  	
   

  	
  100

  	
   

  	
  United Kingdom

  	
   

  	
  No

  
	
  Wuxi Balcke Durr Technologies Company, Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  
	
  XCel Erectors, Inc.

  	
   

  	
  100

  	
   

  	
  Delaware

  	
   

  	
  Yes

  
	
  Yantai Tip Top Industrial Co. Ltd.

  	
   

  	
  100

  	
   

  	
  China

  	
   

  	
  No

  

 

 

	
  SPX Technologies (Pty) Ltd. (f/k/a Ziton (Pty)
  Limited)

  	
   

  	
  100

  	
   

  	
  South Africa

  	
   

  	
  No

  

 

* A de minimus amount of the outstanding shares of this company are
held by a third party.

** This company is used from time to time for Qualifed Receivables
Transactions, while not a party to such facilities at the Effective Date.

 

 

Schedule 3.16

 

UCC
Filing Jurisdictions

 

	
  Company Name

  	
   

  	
  Jurisdiction of Organization

  
	
  Engineering Analysis
  Associates, Inc.

  	
   

  	
  Michigan

  
	
  Flair Corporation

  	
   

  	
  Delaware

  
	
  General Signal
  Healthcare Management, Inc.

  	
   

  	
  Delaware

  
	
  Kayex China Holdings, Inc.

  	
   

  	
  Delaware

  
	
  Kodiak Partners II
  Corp.

  	
   

  	
  Delaware

  
	
  LDS Test and
  Measurement LLC

  	
   

  	
  Delaware

  
	
  Marley Engineered
  Products LLC

  	
   

  	
  Delaware

  
	
  MCT Services LLC

  	
   

  	
  Delaware

  
	
  P.S.D., Inc.

  	
   

  	
  Ohio

  
	
  SPX Cooling
  Technologies, Inc. (formerly Marley Cooling Technologies, Inc.)

  	
   

  	
  Delaware

  
	
  SPX Corporation

  	
   

  	
  Delaware

  
	
  TCI
  International, Inc.

  	
   

  	
  Delaware

  
	
  The Marley Company LLC

  	
   

  	
  Delaware

  
	
  The Marley—Wylain
  Company

  	
   

  	
  Delaware

  
	
  Valley Forge Technical
  Information Services, Inc. (formerly A.R. Brasch Marketing Inc.)

  	
   

  	
  Michigan

  
	
  Waukesha Electric
  Systems, Inc.

  	
   

  	
  Wisconsin

  
	
  XCel
  Erectors, Inc.

  	
   

  	
  Delaware

  

 

 

Schedule 6.2

 

Existing Indebtedness

 

1.                                       General:

 

(a)                                  Business Purchasing Card
Agreement between SPX Corporation and GE Capital Financial Corporation, entered
into on December 22, 2004, covering a principal amount up to US$
50,000,000.

 

(b)                                 A GBP 40,000,000 Guarantee
made by SPX Corporation in favor of National Westminster Bank (Royal Bank of
Scotland) in respect of credit banking facilities.

 

(c)                                  A CAD 20,000,000 Guarantee
made by SPX Corporation in favor of The Bank of Nova Scotia in respect of the
indebtedness and liabilities of SPX Canada (GP), a partnership of SPX Canada
Partner I Co. and SPX Canada Partner II Co.

 

(d)                                 A SPX Corporation parent
company guarantee in the amount of ZAR 55,000,000 to Standard Bank of South
Africa in support of bank guarantees issued on behalf of various subsidiaries.

 

(e)                                  A Continuing Guaranty made
by SPX Corporation in favor of Bank of America, N.A. in respect of the
indebtedness and liabilities of various SPX subsidiaries in an aggregate amount not to
exceed the equivalent of US$ 25,000,000.

 

(f)                                    SPX Cooling Technologies
Australia Pty Limited is a party to a certain standby letter of credit
amounting to approximately AUD 1,800,000 issued by JPMorgan Chase Bank,
guaranteed by SPX Corporation, securing bank guarantees issued by Australia and
New Zealand Bank.

 

(g)                                 Johnson Pump Orebro AB is a
party to a credit facility with Nordea Bank AB for up to SEK 70,000,000.

 

(h)                                 Johnson Pump India Limited
is a party to a credit facility with ICICI Bank Limited for up to Rs.
71,750,000 for (i) cash credit up to Rs. 35,000,000, (ii) bank
guarantees up to Rs. 28,000,000, (iii) CMS up to Rs. 2,500,000, and (iv) derivatives
up to Rs. 1,000,000.

 

(i)                                     Johnson Pump Water B.V. is a
party to a credit facility with ABN AMRO Bank N.V. for up to EUR 4,200,000 for (i) overdrafts
up to EUR 2,500,000, and (ii) contigent liabilities up to EUR 1,700,000.

 

(j)                                     Aktiebolaget Custos (SPX
Sweden AB) is a party to a credit facility with Ostgota Enskilda Bank (Danske
Bank A/S) for up to SEK 115,000,000.

 

 

(k)                                  A SPX Corporation parent
company guarantee in the amount of US$ 8,000,000 to Bancomer SA Institution de
Banca in support of lease obligations issued on behalf of SPX Material Handling
de Mexico.

 

(l)                                     A SPX Corporation parent
company guarantee in the amount of US$ 15,493,706.97 to San Paolo IMI
Spa in support of a credit facility issued on behalf of UDI Italy SRL
(Balcke-Duerr Italiana SRL).

 

(m)                               A SPX Corporation parent
company guarantee in the amount of EUR 6,088,360 to Fortis Bank in support of a
bank guarantees issued on behalf of Marley Cooling Tower.

 

2.                                       Various Land,
Building and Equipment Leases

 

$3,975,200
remaining amount with Fastighets AB Klädeshandlaren and AB Sweden.

 

$946,700
remaining amount with General Electric Capital Corporation and the Marley
Wylain Company.

 

$337,100
remaining amounts with Pee Dee Regional Development Corp. and the Marley
Company LLC.

 

$144,600
remaining amounts with Winthrop Resources Corp. and Marley Engineered Products
LLC.

 

$173,800
remaining amount with IKB Leasing GmbH and Cartool technische Entwicklungen
GmbH.

 

Approximately $500,000 remaining amount for various
capital lease obligations across multiple SPX divisions and subsidiaries.

 

3.                                       Various Surety
Bonds

 

Reimbursement and related obligations with respect
to surety bonds issued by multiple casualty and insurance companies for SPX
Corporation in the amount of $225,540,576.34.

 

4.                                       Mortgage

 

Mortgage
on 11th Street property in Rockford securing payment of $1,843,371 as of August 31,
2007 by SPX Corporation by June 1, 2008. 
The mortgage is held by Guardian Life Insurance Co.

 

2

 

5.                                       LDS Test and
Measurement Limited

 

LDS
Test and Measurement Limited is a party to a credit facility with Barclays Bank
Plc for (i) overdrafts up to $870,000 (BP 500,000) and (ii) bond,
guarantees, letters of credit, and foreign cheque negotiations up to $1,100,000
(GBP 627,000).

 

3

 

Schedule 6.3

 

Existing Liens

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Banc
  of America Leasing & Capital, LLC

  	
   

  	
  Original:
  October 18, 2001 (11438485)

  Amendment:
  July 17, 2002

  (21956352)

  Amendment:
  July 17, 2002

  (restated
  collateral description) (21956501)

  Continuation:
  July 13, 2006 (62417483)

  Amendment:
  July 13, 2006

  (change
  of name/address) (62417798)

  	
   

  	
  Certain
  goods generally described as manufacturing equipment, and more particularly
  described in a Schedule A to Lease Schedule No. 35431-00001, between
  Fleet Capital Corporation and SPX Corporation, in which the Debtor now or
  hereafter has rights, and all parts, accessories, accessions and attachments
  thereto, and all replacements, substitutions and exchanges (including
  trade-ins) for such goods, together with proceeds of all of the foregoing,
  including proceeds in the form of goods, accounts, chattel paper, documents,
  instruments, general intangibles, investment property, deposit accounts,
  letter of credit rights and supporting obligations.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Banc
  of America Leasing & Capital, LLC

  	
   

  	
  Original:
  January 8, 2002 (20288864)

  Continuation:
  October 10, 2006 (63501509)

  Amendment:
  October 10, 2006 (change of name/address) (63501632)

  	
   

  	
  Certain
  goods generally described as manufacturing equipment and more particularly
  described in a Schedule A to Lease Schedule No. 35431-00004, between
  Fleet Capital Corporation and SPX Corporation, in which the Debtor now or
  hereafter has rights, and all parts, accessories, accessions and attachments
  thereto, and all replacements, substitutions and exchanges (including
  trade-ins) for such goods; all accounts, chattel paper, and general
  intangibles which may now or hereafter exist arising from or related to SPX
  Corporation’s lease or rental of such goods to third parties, or otherwise
  resulting from the possession, use or operation of such goods by third
  parties, including instruments, investment property, deposit accounts, letter
  of credit rights, and supporting obligations arising thereunder or in
  connection therewith; together with proceeds of all of the foregoing. 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Banc
  of America Leasing & Capital, LLC

  	
   

  	
  Original:
  July 3, 2002 (21881741)

  Amendment:
  October 1, 2002

  (collateral
  change) (22532905)

  Continuation:
  March 28, 2007 (2007 1153682)

  Amendment:
  March 28, 2007

  (change
  of address) (2007 1154524)

  	
   

  	
  Certain
  goods generally described as CNC Vehicle Turning Center, and more
  particularly described as 1 Model V60P New Olympia Vertical Turning Center,
  complete with all standard features and accessories (Serial # 0E-02-460), in
  which the Debtor now or hereafter has rights, and all parts, accessories,
  accessions, and attachments thereto, and all replacements, substitutions and
  exchanges (including trade-ins) for such goods; all accounts, chattel paper,
  and general intangibles which may now or hereafter exist arising from or
  related to Debtor’s lease or rental of such goods to third parties, or
  otherwise resulting from the possession, use or operation of such goods by
  third parties, including instruments, investment property, deposit accounts,
  letter of credit rights, and supporting obligations arising thereunder or in
  connection therewith; together with the 

  

 

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  proceeds of
  all of the foregoing, including proceeds in the form of goods, accounts,
  chattel paper, documents, instruments, general intangibles, investment
  property, deposit accounts, letter of credit rights, and supporting
  obligations.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Raymond
  Leasing Corporation

  	
   

  	
  Original:
  July 26, 2002 (21997349)

  	
   

  	
  1 Raymond 4
  Directional S/N 24446 1-Exide Battery S/N RAF 137983 1-Exide Charger S/N
  AF66142

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation 

  	
   

  	
  Ameritech
  Credit Corporation

  	
   

  	
  Original:
  August 30, 2002 (22237679)

  Continuation:
  March 28, 2007 (2007 1151405)

  	
   

  	
  All
  telecommunications and data equipment including but not limited to
  telephones, modems, private branch exchanges, switchboards, key service
  units, call distributors, call accounting systems, voice mail systems,
  software, cable and wiring and other customer premises equipment including
  all additions, upgrades and accessions thereto and all other Equipment and
  other items and rights, leased, licensed, or otherwise provided to Lessee
  under Lease No. 001-0015503-019, between Lessor and Lessee and all
  supplementary schedules, exhibits and attachments thereto, including without
  limitation the following: Moscow Emerald call accounting software and
  hardware expansion, Meridian Mail Upgrade, Option 61 upgrades, Carrier
  Remote. 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Cupertino
  National Bank c/o Greater Bay Capital

  	
   

  	
  Original:
  October 10, 2002 (22558405)

  	
   

  	
  1-TCM
  Forklift, Model FCG15, S/N A12R01095; 1-TCM Forklift, Model FCG15, S/N
  A12R01096; 1-TCM Forklift, Model FCG15 S/N A12R01097; 1-TCM Forklift, Model
  FCG15F9, S/N A12R01098; 1-TCM Forklift Model FCG15F9, S/N A12R01099

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Cupertino
  National Bank c/o Greater Bay Capital

  	
   

  	
  Original:
  October 10, 2002 (22558413)

  	
   

  	
  1-TCM
  Forklift, Model FCG25F9, S/N A12W03049; 1-TCM Forklift Model FCG25F9, S/N
  A12W03050; 1-TCM Forklift, Model FCG36N7T, S/N A28U00244.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Cupertino
  National Bank c/o Greater Bay Capital

  	
   

  	
  Original:
  October 31, 2002 (22755803)

  	
   

  	
  4-TCM Forklifts FCG25 s/n A12W3005, A12W3040,
  A12W3042, A12W3043

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Toyota
  Motor Credit Corporation

  	
   

  	
  Original:
  October 30, 2002 (22860868)

  	
   

  	
  1
  New Toyota 6HBW20 S/N 17938

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Ameritech
  Credit Corporation

  	
   

  	
  Original:
  January 13, 2003 (30091788)

  	
   

  	
  All
  telecommunications and data equipment including but not limited to
  telephones, modems, private branch exchanges, switchboards, key service
  units, call distributors, call accounting systems, voice mail systems,
  software, cable and wiring and other customer premises equipment including
  all additions, upgrades, and accessions thereto and all other Equipment and
  other items and rights, leased, licensed, or otherwise provided to Lessee
  under Schedule No. 001-0015503-019, between Lessor and Lessee and all
  supplementary schedules, exhibits and attachments thereto, including without
  limitation the following: Carrier Remote, Meridian Mail Expands, Meridian
  Mail Upgrade, Option 61 Upgrade, Meridian 1 Opt. 61 Upgrade, Network Voice
  Proc., Software, adds, and all related peripherals. 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  IBM
  Credit Corporation

  	
   

  	
  December 27,
  2002 (30128861)

  	
   

  	
  IBM
  Equipment Type 2105 3584 7040

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  De Lage Landen Financial Services

  	
   

  	
  Original:
  January 8, 2003 (30229974)

  Amendment:
  April 11, 2003 

  	
   

  	
  All
  equipment of any make or manufacture, together with all accessories and
  attachments financed by or leased to Lessee by Lessor under Master Lease
  Agreement number 

  

 

2

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  (restated
  collateral description) (30958515)

  	
   

  	
  293.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Ameritech
  Credit Corporation

  	
   

  	
  Original:
  April 14, 2003 (30966815)

  	
   

  	
  All
  telecommunications and data equipment including but not limited to
  telephones, modems, private branch exchanges, switchboards, key service
  units, call distributors, call accounting systems, voice mail systems,
  software, cable and wiring and other customer premises equipment including
  all additions, upgrades and accessions thereto and all other Equipment and
  other items and rights, leased, licensed, or otherwise provided to Lessee
  under Lease No. 001-2151100-001, between Lessor and Lessee and all
  supplementary schedules, exhibits and attachments thereto, including without
  limitation the following: Carrier Remote, Meridian Mail Expansion, Meridian
  Mail Upgrade, Option 61 Upgrade, Software/Hardware Update, Meridian 1,
  Network Voice Processor, ADDS Meridian 1 Option 61. 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  NMHG
  Financial Services, Inc.

  	
   

  	
  April 21,
  2003 (31024184)

  	
   

  	
  All
  of the equipment now or hereafter leased by Lessor to Lessee; and all
  accessions, additions, replacements and substitutions thereto and therefore
  and all proceeds, including insurance proceeds, thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Toyota
  Motor Credit Corporation

  	
   

  	
  April 9,
  2003 (31043606)

  	
   

  	
  1/Used
  Clark HWD30 S/N 1094-9361 1/New Exide Battery Cart E-BT-24-24FM #030703-1. 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Calyon
  New York Branch, as Agent

  	
   

  	
  Original:
  April 25, 2003 (31078123)

  Amendment:
  January 25, 2005 (collateral change) (50274317)

  Amendment:
  February 28, 2005 (change of address) (31078123)

  Amendment:
  June 16, 2005

  (collateral
  change) (51862144)

  	
   

  	
  All
  right, title and interest of SPX Corporation, to and under all Receivables
  originated by it existing as of the close of business on the Business Day
  immediately prior to the date hereof [i.e., June 16, 2005] and all
  Receivables thereafter arising through and including the Facility Termination
  Date, together with the Related Security with respect to such Receivables and
  all Collections with respect thereto other than EST Receivables and AutoZone
  Receivables (as such terms are defined in the Receivables Purchase
  Agreement).

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Toyota
  Motor Credit Corporation

  	
   

  	
  June 9,
  2003 (31805947)

  	
   

  	
  1/New
  Toyota 68PU15 S/N 71061 1/New Exide Battery 12-E125-15 S/N RBD-178060 1/New
  Exide Charger WG3-12-1050 S/N AK72644

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  LaSalle
  National Leasing Corporation

  	
   

  	
  July 28,
  2003 (31941619)

  	
   

  	
  The
  manufacturing equipment leased pursuant to that Equipment Schedule No. 1
  dated as of June 27, 2003, between LaSalle National Leasing Corporation
  and Fenn Manufacturing Company, a division of United Dominion Industries,
  executed pursuant to that certain Master Lease Agreement dated as of June 26,
  2003, between LaSalle National Leasing Corporation, as lessor, and SPX
  Corporation, as lessee, together with all accessions, substitutions and
  replacements therefor, and proceeds (including insurance proceeds) thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  GE
  Capital

  	
   

  	
  August 22.
  2003 (32189465)

  	
   

  	
  2
  Canon IR2200 copier systems, 1 Canon IR3300 copier system, Canon IR8500
  copier system, Canon IR 5020 copier system, Canon IR3200 copier system, Canon
  IR3300I copier system, 2 Canon IR2000 copier systems, 3 Canon IR2010F copier
  systems, 1 Canon IR1060 copier system, 3 Canon IR2050P fax machines.

  

 

3

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Toyota
  Motor Credit Corporation

  	
   

  	
  October 10,
  2003 (32649989)

  	
   

  	
  2/New
  Toyota 7FBEU15 s/n 10770, 107502/New Exide Batteries 18-E85-17 s/n
  RBI-194727, RBI 1947262/New Exide Chargers WG3-18-680B s/n BG83377, BG83310.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  American
  Packaging Capital

  	
   

  	
  October 16,
  2003 (32705062)

  	
   

  	
  One
  Lantech Q-1000 Stretch Wrapper with options

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  De Lage Landen Financial Services

  	
   

  	
  October 16,
  2003 (32710377)

  	
   

  	
  1
  Crown SP3000 1A228898 2 Crown SP3000 1A228899.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Citicapital
  Technology Finance, Inc.

  	
   

  	
  December 1,
  2003 (3313669)

  	
   

  	
  Altigen
  telephone Model: AltiTouch 390

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  December 30,
  2003 (33416172)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of September 5, 2003 between K-Lift and Debtor (b) Floor
  Scrubber; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  December 30,
  2003 (33416214)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of April 11, 2003 between K-Lift and Debtor (b) Motoman
  Robot; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  December 30,
  2003 (33416255)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of May 12, 2003 between The Robot Company and Debtor (b) Fanuc
  S-10 Robot; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  December 30,
  2003 (33416289)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of July 3, 2003 between ABB Inc and Debtor (b) ABB
  Robots; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporaiton

  	
   

  	
  December 30,
  2003 (33416339)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of May 16, 2003 between Yamazen USA Inc and Debtor (b) Machining
  Center; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  December 30,
  2003 (33416347)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of May 16, 2003 between Mazak Corporation and Debtor (b) Mazak
  Cariaxis 630-5M and Demo Integrex 300 IISY; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  December 30,
  2003 (33416438)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of May 16, 2003 between Brown & Sharp
  Aftermarket Services and Debtor (b) 775 CMM; and (c) all proceeds
  thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  December 30,
  2003 (33416453)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of May 16, 2003 between RimRock Corp and Debtor (b) Motoman
  Robot; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  CitiCapital
  Technology Finance

  	
   

  	
  Original:
  January 5, 2004 (40012973)

  	
   

  	
  Equipment
  description: Mexico Altisys, model: Altisys

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  CitiCapital
  Technology Finance

  	
   

  	
  Original:
  January 7, 2004 (40034480)

  	
   

  	
  Equipment
  description: Mexico Altisys, model: Altisys

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Contech
  Division, Ervin Leasing Company

  	
   

  	
  January 27,
  2004 (40439002)

  	
   

  	
  Equipment; Toshiba 7550 Copier, Toshiba 3550
  Copier Serial: FB712821, PG732495

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Greater
  Bay Bank N.A.

  	
   

  	
  February 20,
  2004 (40466161)

  	
   

  	
  Certain
  equipment more fully described in Exhibit A to the financing statement,
  and all equipment parts, accessories, substitutions, additions, accessions
  and replacements thereto and thereof, now or hereafter installed in, affixed
  to, or used in conjunction therewith 

  

 

4

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  and
  the proceeds thereof, together with all installment payments, insurance
  proceeds, other proceeds and payments due and to become due arising from or relating
  to said equipment.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  March 2,
  2004 (40591935)

  	
   

  	
  The
  Branson IRAM 300 Laser Welding System s/n: 03R27002 equipment leased pursuant
  to the certain Equipment schedule No. Filtran-1 Dated as of March 2,
  2004, executed pursuant to that certain Master Lease Agreement dated as of June 27,
  2003.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  April 8,
  2004 (40993172)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of June 11, 2003 between Radyne Corporation and Debtor (b) Radyne
  Induction Annealing System; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  April 8,
  2004 (40993321)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under that certain Purchase
  Order dated as of September 3, 2003 between Fanuc Robotics America Inc,
  Midwest Technology Inc, and ABB Inc and Debtor (b) Robotic Die Spray
  System, ABB Robot and Robotic Deburring,; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  April 8,
  2004 (40993826)

  	
   

  	
  The
  Wilson Air Compressor s/n: S160486 equipment leased pursuant to the certain
  Interim Rental Agreement dated March 17, 2004 executed pursuant to that
  certain Master Lease Agreement dated as of June 27, 2003.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  April 8,
  2004 (40993875)

  	
   

  	
  The
  Siemens telephone system equipment leased pursuant to the certain Equipment
  schedule No. Vance-1 Dated as of March 31, 2004, executed pursuant
  to that certain Master Lease Agreement dated as of June 27, 2003.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SFX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  April 8,
  2004 (40994006)

  	
   

  	
  (a) All
  right, title, and interest of debtor in, to and under various Purchase Order
  dated as of October 28, 2003, October 31, 2003, November 3
  2007, between Mazak and Debtor (b) Mazak CNC machines; and (c) all
  proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SFX
  Corporation

  	
   

  	
  Lasalle
  National Leasing Corporation

  	
   

  	
  April 8,
  2004 (40994055)

  	
   

  	
  Used
  Mazak CNC Machines 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SFX
  Corporation

  	
   

  	
  FPC
  Funding II LLC

  	
   

  	
  April 12,
  2004 (41016312)

  	
   

  	
  100
  IBM NV M42 8/2.4 40GB 256MB XP100 IBM 256MB PC2100 DDR DIMM100 CDW Installing
  Custome PC Image 11+

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Dell
  Financial Services

  	
   

  	
  May 4,
  2004 (41239856)

  	
   

  	
  All
  computer equipment and peripherals referenced in that certain promissory note
  30456720-0704 dated April 14 2004 (the Note).

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Key
  Equipment Finance, a division of Key Corporate Capital Inc.

  	
   

  	
  June 1,
  2004 (41497348)

   

  	
   

  	
  [Financing
  statement was filed solely for notice and precautionary purposes and its
  filing shall not be deemed evidence of any intention of the parties to create
  a security interest under the UCC or to enter into any transaction other than
  a true lease transaction.]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  Key
  Equipment Finance a division of Key Corporate Capital Inc.

  	
   

  	
  June 1,
  2004 (41497363)

   

  	
   

  	
  [Financing
  statement was filed solely for notice and precautionary purposes and its
  filing shall not be deemed evidence of any intention of the parties to create
  a security interest under the UCC or to enter into any transaction other than
  a true lease transaction.]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX
  Corporation

  	
   

  	
  IOS
  Capital

  	
   

  	
  June 21,
  2004 (41817792)

  	
   

  	
  Equipment
  leased under Product Schedule No/Agreement 3614810 

  

 

5

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Greater Bay Bank NA

  	
   

  	
  August 26, 2004 (42462028)

  	
   

  	
  1-Tennat Scrubber, Model 7400 S/N 7400-7102

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation/ Edwards Systems Technology

  	
   

  	
  General Electric Capital Corporation

  	
   

  	
  Original: September 8, 2004 (42515429)

  Amendment: April 11, 2007

  (delete name) (2007 1361921)

  	
   

  	
  All accounts receivable for which Honeywell, Inc is the Account
  Debtor and which have been purchased from the debtor pursuant to the Purchase
  Agreement, dated as of 1/28/04 between the debtor and the Secured party.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Dell Financial Services, LP

  	
   

  	
  September 24, 2004 (42692251)

  	
   

  	
  All computer equipment and peripherals purchased by Debtor from Dell
  marketing LP pursuant to that certain Purchase order No. 709460 dated February 12,
  2004.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Ameritech Credit Corporation

  	
   

  	
  September 27, 2004 (42704106)

  	
   

  	
  Nortel Option 11C, Call Pilot 4 Voice Channels, CP2.0 CPE Base
  System, 8 Adv CC Analog & Digital Sets, IPE Server, Digital Line
  Cards, m3902 &m3904 tel sets, all with related peripherals, install
  and shipping. 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  IOS Capital

  	
   

  	
  September 23, 2004 (42747568)

  	
   

  	
  Equipment leased under Product Schedule No. 402 3907 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  October 4, 2004 (42770024)

  	
   

  	
  Interim financing: (a) All right, title, and interest of debtor
  in, to and under various Purchase Order 427595 dated as of December 22,
  2003 between Tri-State Compressed Air and Debtor (b) Kaeser DSD200 Air
  Compressor; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  October 4, 2004 (42770107)

  	
   

  	
  (a) All right, title, and interest of debtor in, to and under
  various Purchase Order 531422 dated as of December 15, 2003 between ABB
  Inc and Debtor (b) ABB Robot IRB 4400L; and (c) all proceeds
  thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  October 4, 2004 (42770149)

  	
   

  	
  (a) All right, title, and interest of debtor in, to and under
  various Purchase Order 8107337 dated as of October 21, 2003 between
  Fanuc Robotics America and Debtor (b) GM Input Housing; and (c) all
  proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  October 4, 2004 (42770214)

  	
   

  	
  (a) All right, title, and interest of debtor in, to and under
  various Purchase Order 625045, 623221, 623750, 624319, 623772, 623280 dated
  as of March 8, 2004,  October 17,
  2003, November 25, 2003, January 16, 2004, December 1, 2003
  and October 21, 2003, respectively, between ABB Inc, QSI Automation,
  Industrial Tool Inc, ABB Inc, ABB Inc, and ABB, respectively, and Debtor (b) Various
  load and unload equipment; and (c) all proceeds thereof

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  October 4, 2004 (42770651)

  	
   

  	
  Brown & Sharp Model 775 CAD s/n:10037018 leased pursuant to
  that Schedule No. FENN-1 dated as of August 31, 2004 executed
  pursuant to that certain Master Lease Agreement dated as of June 27,
  2003.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Greatamerica Leasing Corporation

  	
   

  	
  October 29, 2004 (43057017)

  	
   

  	
  Various Konica Copiers, Printers, Fax Machines and All Products,
  Proceeds and Attachments.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Citibank N.A.

  	
   

  	
  November 12, 2004 (43201482)

  	
   

  	
  Accounts receivable from the Stanley Works Co. purchased by Citibank
  N.A. per the terms of the Supplier Agreement between SPX Corporation and
  Citibank N.A.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  US Bancorp

  	
   

  	
  November 30, 2004 (43350883)

  	
   

  	
  Konica 7255 Copier FS-110M Finisher

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Citicorp Vendor Finance

  	
   

  	
  December 1, 2004 (43371251)

  	
   

  	
  2 Konica 7145 Digital Copier Systems with Finishers and LCT bases

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  January 21, 2005 (50260688)

  	
   

  	
  The Global Vertical Coordinate Measuring Machine s/n:09046413 leased
  pursuant to that Schedule No.

  

 

6

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  FENN-2 dated as of November 22, 2004 executed pursuant to that
  certain Master Lease Agreement dated as of June 27.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  January 21, 2005 (50260720)

  	
   

  	
  The manufacturing equipment leased pursuant to that Schedule No. Contech-4
  dated as of December 23, 2004 executed pursuant to that certain Master
  Lease Agreement dated as of June 27, 2003.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Lasalle National Leasing Corporation

  	
   

  	
  January 21, 2005 (50260803)

  	
   

  	
  The Mazak Model Variaxis 630-5M-5 CNC vertical machining center
  s/n:164502, 158837 leased pursuant to that Schedule No. FENN-3 dated as
  of December 23, 2004 executed pursuant to that certain Master Lease
  Agreement dated as of June 27, 2003.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Baytree Leasing Corporation

  	
   

  	
  January 26, 2005 (50310004)

  	
   

  	
  Tramp Oil Terminator. OTC-2.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Toyota Motor Credit Corporation

  	
   

  	
  February 8, 2005 (50436387)

  	
   

  	
  1/New Toyota 7FBEU18 s/n 129891/New Exide Battery 18-E85-17 s/n
  RCK275046.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  F-D-C Corporation

  	
   

  	
  February 15, 2005 (50512997)

  	
   

  	
  Kip Digital Printer. Manufacturer: KIP Model Number: 2053 STF Printer
  Serial Number: 6602050775 Scanner Serial Number 7751X01016 Stacker.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Dell Financial Services LP

  	
   

  	
  February 22, 2005 (50569542)

  	
   

  	
  All computer equipment and peripherals purchased by Debtor from Dell
  marketing LP pursuant to that certain Purchase order No. 568675 dated January 25,
  2005.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  De Lage Landen Financial
  Services, Inc.

  	
   

  	
  March 22, 2005 (50900366)

  	
   

  	
  Minolt DI7210 31004050;
  Minolt DI7210 31004046; Minolt DI5510 31008030; Minolt DI5510 31008053;
  Minolt DI5510 31007503; Minolt C350 31112217; Minolt DI3510 31736403; Minolt
  DI3010 31718465; Minolt DI3010 31727091

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Dell Financial Services LP

  	
   

  	
  April 19, 2005 (51202812)

  	
   

  	
  All computer equipment and peripherals purchased by Debtor from Dell
  marketing LP pursuant to that certain Purchase order No. 577240 dated April 7,
  2005.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  JP Morgan Chase Bank

  	
   

  	
  May 5, 2005 (51391581)

  	
   

  	
  All account receivable which arise out of the sale of goods and
  services by the debtor (referred to as “Supplier”) to AutoZone, Inc, and all
  proceeds and other rights with respect to such accounts receivables.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Greater Bay Bank

  	
   

  	
  August 11, 2005 (52499003)

  	
   

  	
  4 TMC Forklifts FCG253HLSN# A47M00460SN# A47M00460SN# A47M00512SN#
  A47M00543SN# A47M00632

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  NMHG Financial Services

  	
   

  	
  September 1, 2005 (52723873)

  	
   

  	
  All of the equipment now or hereafter leased by Lessor to Lessee; and
  all accessions, additions, replacements, and substitutions thereto and
  therefor; and all proceeds including insurance proceeds thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation/ Marley Engineered Products

  	
   

  	
  MC Machinery Systems, Inc.

  	
   

  	
  October 4, 2005 (53069482)

  	
   

  	
  One (1) Toyokoki Brand Press Brake System Model APB-3613W Serial
  #1441 with all standard features and optional accessories attached thereto
  (PB499).

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Dell Financial Services, LP

  	
   

  	
  October 26, 2005 (53337343)

  	
   

  	
  All computer equipment and peripherals purchased by Debtor from Dell
  marketing LP pursuant to that certain Purchase order No. 587762 dated July 28,
  2005 and purchase order No. 589606 dated August 18, 2005.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Dell Financial Services, LP

  	
   

  	
  December 2, 2005 (53721397)

  	
   

  	
  All computer equipment and peripherals purchased by Debtor from Dell
  marketing LP pursuant to that certain Purchase order No. 501106 dated November 17,
  2005.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  The Guardian Life Insurance Company of 

  	
   

  	
  Original: January 24, 2006 (60379420)

  	
   

  	
  Ficture filing relating to a 164,700 sq. ft. warehouse property
  located at 5885 111th Street, Rockford, IL 61109

  

 

7

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  America

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Dell Financial Services LP

  	
   

  	
  February 2, 2006 (60394080)

  	
   

  	
  All computer equipment and peripherals purchased by Debtor from Dell
  marketing LP pursuant to that certain Purchase order No. 599364 dated November 3,
  2005 and 503111 dated December 6, 2005 and 503331 dated December 8,
  2005.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Greater Bay Bank N.A.

  	
   

  	
  February 21, 2006 (60604389)

  	
   

  	
  2-TCM Forklifts, Model FCG25, S/N A47M00773 & A47M008611-TCM
  Forklift, Model FCG36, S/N A28X00176

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Dell Financial Services LP

  	
   

  	
  May 5, 2006 (61533025)

  	
   

  	
  All computer equipment and peripherals purchased by Debtor from Dell
  marketing LP pursuant to that certain Purchase order No. 518544 dated April 11,
  2006 and 519877 dated April 21, 2006 and 711731 dated April 7,
  2006.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  IOS Capital

  	
   

  	
  June 20, 2006 (62098895)

  	
   

  	
  Equipment leased pursuant to Product Schedule No. 5757274.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  IOS Capital

  	
   

  	
  June 20, 2006 (62098903)

  	
   

  	
  Equipment leased pursuant to Product Schedule No./Agreement No. 5757274B.
  

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Toyota Motor Credit Corporation

  	
   

  	
  Original: June 23, 2006 (62195980)

  Amendment: August 14, 2006 (change of address) (62927267)

  	
   

  	
  1 – 2003 used Toyota Forklift Truck Model 7FBEU15 S/N 11285 Complete
  with Cascade Side Shifter, 42” forks, 171” 3-stage mast and C&D battery
  model 18C85-17 S/N 1H15502

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Toyota Motor Credit Corporation

  	
   

  	
  Original: July 10, 2006 (62395101)

  Amendment: August 14, 2006 (change of address) (62928034)

  	
   

  	
  1 – 2002 used Toyota forklift truck model 5FBE18 s/n 35613 complete
  with cascade side shifter, 42” forks, 189” 3-stage mast and C&D Battery
  model 18v85-17 s/n 3V42231

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  F-D-C Corporation

  	
   

  	
  July 19, 2006 (62489383)

  	
   

  	
  Kip Digital printer, related supplies and any replacements or
  accessories to that equipment thereof. Manufacturer: KIP Model Number” 3002
  STF Printer Serial Number: 10501221 Scanner Serial Number: Stacker

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Greater Bay Bank N.A.

  	
   

  	
  August 24, 2006 (62955623)

  	
   

  	
  1- Genie Boom Truck Z30/20
  s/n Z30N004179

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Miller Tool & Die

  	
   

  	
  Original: December 18, 2006 (64422648)

  	
   

  	
  Tube die with horizontal mandrel for punching holes in stainless
  steel tubes.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Winthrop Resources Corporation

  	
   

  	
  February 1, 2007 (2007 0448208)

  	
   

  	
  Equipment contained on or subject to Lease Agreement Number SP121506
  or Master Lease Schedule Number A.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Makino, Inc.

  	
   

  	
  April 20, 2007 (2007 1484244)

  	
   

  	
  One (1) Makino A51 Horizontal Machining center serial # 1143 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Corporation

  	
   

  	
  Engel Canada Inc.

  	
   

  	
  July 13, 2007 (2007 2642105)

  	
   

  	
  One Engel Injection Molding Machine serial 154958.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  P.S.D., Inc.

  	
   

  	
  US Bancorp

  	
   

  	
  Original: March 8, 2005 (OH00087033789)

  	
   

  	
  1 Minolta DI5510 Copier System.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  Banc of America Leasing & Capital, LLC

  	
   

  	
  Original: January 8, 2002 (020000822820)

  Continuation: October 10, 2006 (060014907021)

  Amendment: October 11, 2006 (change of name/address)
  (060014953527)

  	
   

  	
  2 Superior Crane
  75 Ton Crane, 75/15ton, 80’SPAN, s/n 13088-1, 13088-2; 2 Superior Crane 15
  Ton Crane, 80’ SPAN, s/n 13089-1, 13089-2; 1 Superior Crane 10 Ton Crane,
  80’SPAN, s/n 13090, 1 Drexel Fork lift truck 6000, sc66, s/n 917495-182; 1
  Proxair Welder, s/n Kh374184; 1 Dewco Manual Air Power Tool; 1 Kalamazoo Cut
  off Saw, s/n 801014; 1 Cochrant Compressor Co. Air Dryer., s/n
  8106-513597/4-026152; 1 Jones Radial Arm Saw, 20’, s/n 10810614; 1 Packaging 

  

 

8

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Corp. Hand
  Strapping Machines; 1 Mettler Scale, Crane Mounted; 2 Rental Service Corp Mec
  Man Lifts, s/n 20501183, 20501186; 1 Banner Tool & Engineering Ultra
  Sonic Cleaner; 1 Process Equipment Ultra Sonic Cleaner; 1 Rack; 1 Crane
  Lifting Beam; 2 Tulbill Pumps; 1 Professional Control Corp. Electric
  Controls; 1 Air Float Pallet; 1 Praxair Welders in Storage; 1 Tyco
  Electronics Crimp Dies; 1 Topper Industrial Fabricated Steel Structures, such
  as Dollies etc.; 1 Badger Meter Co. Controls; 1 Invensys Systems Vacuum
  Transucers; 1 Boggis Johnson PLC Cabinet; 2 Yale Equipment Co. Lift-A-Lots; 1
  Elwell Parker Lift Truck 20,000# s/n 21570; 1 Faultless Nutting Large Wheeled
  Cart; 1 Jenson Equipment Co Pipe Working Machines; 1 Standard Electric Switch
  Gear; 1 Chicago Power Heat Exchanger Tube & Shell; 1 Systems
  Engineering Heating, Vacuum & Condensing unit for vapor Phase
  Operation; 1 Valves, Switches, tank & filter for Vapor Phase System;
  1 Pyrex Sight Glass for Vapor Phase system; 1 Professional Control 16 Slot
  Racks for PLC Control; 1 Grant engineering 3” Kraissel Strainer Glass W/20
  Mesh Basket; 2 Steel Tanks, 9’x27’x18” 
  for Dehydrating Core & Core Assembly; 1 Electric Motor
  Controller, Including SCR drives & Pressure Transmitter; 1 Paint
  Booth, Including Grates, Hose, Reels & H1 pots; 1 ASEA Brown Boveri
  Breakers for Capicitor Banks; 1 Allied Electronics & Other
  Electronic Parts for test Floor, Including Meters, Camra Balls  breakers Reactor; 1 Gilbert Capicitor
  Banks; 1 Kayto Engineering Motor Generator Set for Testing; 1 Measurements
  International Loss Measurements System; 1 Mid Atlantic & Remtron
  Lead winches & Frames; 1 Milwaukee High Lift Skyjack Personnell
  lift; 1 National Instruments Testing Controls Switches, Meter, Pro Scope,
  Probes, Disconnects; 1 Phenix Technologies Passoni Impulse Generator
  w/Impulse CTs; 1 Safety Fence For Test Floor; 1 Test Transformer w/ hushing
  Terminals, & Small Additional Transformer s/n 31333 &
  110849; 1 Aurora Pumps, Valves, Controls; 1 Marley Cooling Tower; 1
  Engineering Fabrics Pillow Tanks; 1 Wisconsin Lifting Equipment Spiders Stud &
  Legs; 1 Dewco Hydraulic Curlers & Pulse Tools; 1 Coil Conveyors
  etc.; 1 Grizzly Band Saw; 1 Test Floor Hose Reels; 1 UP-N-Atom Test Floor
  Rigging Rocks; 1 Nissan Fork Lift Trucks, 2,000#; 1 Yale Fork Lift Truck s/n
  A875B148204; 1 Yale Fork Lift Truck s/n A275B148554; 1 Yale Fork Lift Truck,
  Walk Behind s/n B189N029364; 1 Tooling including Crimp Dies & Heads
  Threaded Rods, Nut Runners, Crimper Handle, Bird Cages, Etc; 1 Up-N-Atom
  Scaffolding System; 1 SPX 60 ton Rigging Jacks; 1 Standard Electric Buss Duct
  Switch; 1 Small Simple Jacks; 1 International Pod Specialist tank; 1 Lift
  Caddy & Chains (4 legs) & Slips; 5 Expandable Mandrefts,
  s/n AR00013, AR00014, AR00056, AR00057, AR00058; 1 

  

 

9

 

	
  Debtor

  	
   

  	
  Secured Creditor

  	
   

  	
  Date Filed and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Portable Oil
  Processor , s/n AR0023; 1 Spacer Punching Line, s/n AR0017; 1 Spacer Spool
  Detectors Hydraulic Motor  Hydraulic Cylinder,
  s/nAR01009; 1 TH5104 Infrared Camera; 1 Maintenance Lathe including but not
  limited to: 6’3 Jaw Chuck, 8”3 Jaw Chuck, Build in Cootam System foot brake;
  4 AR1007 Sub Arc Welders; 1 KT-850 Kinney Vacuum Pump; 1 Maxi Vision work
  Center; 1 Cover Welding Can; 3 Miller Electric SS Mig Welders; 1 Lead
  Crimping Equipment, s/n AR00025.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  Meridian Leasing Corporation

  	
   

  	
  Original: October 18, 2002 (020018558229)

  	
   

  	
  2 9476-940 Copier/Plotter/Scanner; 2 15-5-060312 internal Ethernet
  card; 1 Ioport-int internal I/O port; 2 cable 25 25’ cable; 1 94790 repro
  desk/scan station; 1 94410 scan tray; 1 foldjet folder (S/N 712086120420).

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  Calyon, New York Branch, as Agent

  	
   

  	
  Original: May 6, 2003 (030007526525)

  Amendment: January 26, 2005 (050001330613)

  Amendment: March 1, 2005 (change of name/address) (050003031613)

  Amendment: June 17, 2005 (collateral change) (050009108523)

  	
   

  	
  All right, title and interest of Waukesha, to and under all
  receivables originated by it existing as of the close of business on the
  business day immediately prior to June 17, 2005 and all receivables
  thereafter arising through and including the facility termination date,
  together with the related security with respect to such receivables and all
  collections with respect thereto.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  IOS Capital

  	
   

  	
  Original: February 23, 2005 ()050002729626

  	
   

  	
  Equipment leased pursuant to Product Schedule No./Agreement 4626381

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  McGrath RentCorp

  	
   

  	
  Original: April 7, 2005 (050005075219)

  	
   

  	
  HIP/880PL – A New 80 KV DC Hipot asset #990392

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  IOS Capital

  	
   

  	
  Original: June 30, 2005 (050009779032)

  	
   

  	
  Equipment leased pursuant to Product Schedule No./Agreement 4626381A

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  IOS Capital

  	
   

  	
  Original: January 20, 2006 (060001080716)

  	
   

  	
  Equipment leased pursuant to Product Schedule No./Agreement 4626381B

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  James Imaging Systems, Inc.

  	
   

  	
  Original: April 3, 2006 (060004938125)

  	
   

  	
  Various Toshiba copiers, printers, fax machines and all products,
  proceeds, and attachments.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  IOS Capital

  	
   

  	
  Original: June 14, 2006 (060009142521)

  	
   

  	
  Equipment leased pursuant to Product Schedule No./Agreement No. 4626381C

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  IOS Capital

  	
   

  	
  Original: July 21, 2006 (060011165317)

  	
   

  	
  Equipment leased pursuant to Product Schedule No./Agreement No. 4626381D

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  General Electric Capital Corp.

  	
   

  	
  October 2, 2006 (060014551218)

  	
   

  	
  All equipment leased to or financed for the Debtor by Secured Party
  under that certain Equipment Lease Agreement No. 4433520-001.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  Wisconsin Lift Truck Corp

  	
   

  	
  October 21, 2006 (060015431317)

  	
   

  	
  Two new prime mover model CSX40 counterbalanced walkie stacker s/n:
  csx4036271001 and csx4036271002.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Waukesha Electric Systems, Inc.

  	
   

  	
  IOS Capital

  	
   

  	
  April 25, 2007 (070005852828)

  	
   

  	
  Equipment leased pursuant to Product Schedule No./Agreement No. 2052922

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Pearpoint, Inc.

  	
   

  	
  Barclays Bank PLC

  	
   

  	
  September 23, 2002 (0226760375)

  	
   

  	
  All of Debtor’s accounts and accounts receivable, and other rights of
  Debtor to payment of money no matter how evidenced, in each case whether
  presently existing or hereafter arising, now owned or hereafter acquired, all
  paper, instruments and other writings evidencing any such right and all
  payments received and goods repossessed or returned in connection therewith.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fairbanks Morse 

  	
   

  	
  De Lage Landen 

  	
   

  	
  Original: June 8, 2004 

  	
   

  	
  1  MAHA N30 786494 2 MAHA N30
  786236 including 

  

 

10

 

	
  Debtor

  	
   

  	
  Secured
  Creditor

  	
   

  	
  Date Filed
  and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Pump Corporation

  	
   

  	
  Financial Services, Inc.

  	
   

  	
  (92653964)

  	
   

  	
  all components, additions, upgrades, attachments, accessions,
  substitutions, replacement and proceeds of the foregoing.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fairbanks Morse Pump Corporation

  	
   

  	
  De Lage Landen Financial
  Services, Inc.

  	
   

  	
  Original: August 20,
  2004 (92829713)

  	
   

  	
  1 Nissan TNX30 TN01-720503 2 Nissan TNX30 TN01-720450 3 Nissan TNX30
  TN01-720430 including all components, additions, upgrades, attachments,
  accessions, substitutions, replacement and proceeds of the foregoing.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Receivables, LLC

  	
   

  	
  Calyon New York Branch

  	
   

  	
  Original: April 25, 2003 (31078115)

  Amendment: October 7, 2004 (42829291)

  Amendment: January 25, 2005 (50274150)

  Amendment: February 28, 2005 (50635970)

  Amendment: June 16, 2005 (51862136)

  	
   

  	
  All right, title and interest of the Debtor in, to and under: (a) 
  the Purchase and Contribution Agreement, including, without limitation, (i) all
  rights of the Debtor to receive monies due or to become due under or pursuant
  to the Purchase and Contribution Agreement, (ii) all security interests
  and property subject thereto from time to time purporting to secure payment
  or monies due or to become due under or pursuant to the Purchase and Contribution
  Agreement, (iii) all rights of the Debtor to receive proceeds of any
  insurance, indemnity or warranty with respect to the Purchase and
  Contribution Agreement, (iv) claims of the Debtor for damages arising
  out of or for breach of or default under the Purchase and Contribution
  Agreement, and (v) all rights of the Debtor to compel performance and
  otherwise exercise all remedies thereunder; (b) all Receivables, the
  Related Security with respect thereto and the Collections and all other
  assets, including, without limitation, accounts, chattel paper, instruments,
  and general intangibles owned by the Debtor and not otherwise purchased or
  scheduled to be purchased under the Receivables Purchase Agreement other than
  any EST Receivables or AutoZone Receivables; (c) the Lock-Box Accounts
  and all amounts on deposit therein and all certificates and instruments, if
  any, from time to time evidencing any of the foregoing; and (d) to the
  extent not included in the foregoing, all proceeds of any and all of the
  foregoing.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Receivables, LLC

  	
   

  	
  GE Capital Commercial
  Services, Inc.

  	
   

  	
  September 29, 2004 (42737072)

  	
   

  	
  All Purchased Receivables, all Related Security, and all Collections
  thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Receivables, LLC

  	
   

  	
  GE Capital Commercial
  Services, Inc.

  	
   

  	
  September 29, 2004 (42734046)

  	
   

  	
  All Purchased Receivables, all Related Security, and all Collections
  thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Receivables, LLC

  	
   

  	
  Edwards Systems Technology, Inc.

  	
   

  	
  January 25, 2005 (50273970)

  	
   

  	
  All right, title, and interest of Debtor, to and under all EST
  Receivables (as defined in the Receivables Purchase Agreement) originated by
  it existing as of Receivable Cut-off Effective Date (as defined in the
  Receivables Purchase Agreement), together with the Related Security with
  respect to such EST Receivables and all Collections with respect thereto.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Receivables, LLC

  	
   

  	
  SPX Corporation

  	
   

  	
  June 16, 2005 (51860445)

  	
   

  	
  All right, title, and interest of Debtor, to and under all AutoZone
  Receivables originated by it existing as of June 16, 2005, together with
  the Related Security with respect to such AutoZone Receivables and all
  Collections with respect thereto.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Receivables II, LLC

  	
   

  	
  GE Capital Commercial
  Services, Inc.

  	
   

  	
  December 30, 2003 (33424978)

  	
   

  	
  (i) All of the Debtor’s accounts and other rights to payment
  (the “Purchased Accounts”) sold and assigned 

  

 

11

 

	
  Debtor

  	
   

  	
  Secured
  Creditor

  	
   

  	
  Date Filed
  and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  from time to time by the Debtor to the Secured Party pursuant to the
  Receivables Purchase Agreement, dated as of December 30, 2003, among the
  Debtor, the Secured Party, and the other signatories thereto, and any Bill of
  Sale and Assignment executed and delivered pursuant thereto, (ii) all
  related instruments, chattel paper, documents, insurance proceeds, and
  general intangibles (including payment intangibles and all rights to
  payment); (iii) all proceeds thereof, including all property acquired
  with such proceeds; (iv) all of Debtor’s rights to any of Debtor’s goods
  which are related to Purchased Accounts, including returned or repossessed
  goods the sale of which gave rise to a Purchased Account; (v) all of
  Debtor’s right, title, security, guaranties, supporting obligations and
  letter of credit rights with respect to each Purchased Account, including all
  right to reclamation; and (vi) all sums to the credit of Debtor with
  Secured Party.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Receivables II, LLC

  	
   

  	
  Edwards Systems Technology, Inc.

  	
   

  	
  January 25, 2005 (50273970)

  	
   

  	
  All right, title, and interest of Debtor, to and under all EST
  Receivables (as defined in the Receivables Purchase Agreement) originated by
  it existing as of Receivable Cut-off Effective Date (as defined in the
  Receivables Purchase Agreement), together with the Related Security with respect
  to such EST Receivables and all Collections with respect thereto.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Flair Corporation

  	
   

  	
  Greater Bay Bank N.A.

  	
   

  	
  November 1, 2004 (43071638)

  	
   

  	
  1) SP3020-30 Crown: sn 1A152254, and all equipment parts,
  accessories, substitutions, additions, accessions and replacements thereto
  and thereof, now or hereafter installed in, affixed to, or used in
  conjunction therewith and the proceeds thereof, together with all installment
  payments, insurance proceeds, other proceeds and payments due and to become
  due arising from or relating to said equipment. 

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  LDS Test and Measurement LLC

  	
   

  	
  GE Capital Commercial
  Services, Inc.

  	
   

  	
  Original: March 26, 2004 (40855041)

  Assignment: March 26, 2004 (40855116)

  Termination: March 23, 2005 (50911942)

  	
   

  	
  (i) All of the Debtor’s accounts and other rights to payment
  (the “Purchased Accounts”) sold and assigned from time to time by the Debtor
  to the Secured Party pursuant to the Receivables Purchase Agreement, dated as
  of December 30, 2003, among the Debtor, the Secured Party, and the other
  signatories thereto, and any Bill of Sale and Assignment executed and
  delivered pursuant thereto, (ii) all related instruments, chattel paper,
  documents, insurance proceeds, and general intangibles (including payment
  intangibles and all rights to payment); (iii) all proceeds thereof,
  including all property acquired with such proceeds; (iv) all of Debtor’s
  rights to any of Debtor’s goods which are related to the Purchased Accounts,
  including returned or repossessed goods the sale of which gave rise to a
  Purchased Account; (v) all of Debtor’s right, title, security,
  guaranties, supporting obligations, and letter of credit rights with respect
  to each Purchased Account, including all right to reclamation; and (vi) all
  sums standing to the credit of Debtor with Secured Party.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley 

  	
   

  	
  Winthrop Resources 

  	
   

  	
  Original: March 12, 2002 

   

  	
   

  	
  [Filing is only intended to make the true lease a matter of 

  

 

12

 

	
  Debtor

  	
   

  	
  Secured
  Creditor

  	
   

  	
  Date Filed
  and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Company

  	
   

  	
  Corporation

  	
   

  	
  (20848469)

  Continuation: January 31, 2007 (70396167)

  	
   

  	
  public record.]

  (a) Any and all of the assets and property, including but not
  limited to any and all of the hardware, equipment, furniture, fixtures, intangibles,
  licenses, and/or software contained on this filing (b) any and all of
  the assets and property, including but not limited to any and all of the
  hardware, equipment, furniture, fixtures, intangibles, licenses and/or
  software now or hereafter the subject of any lease agreement or lease
  schedule by and between the parties and (c) all accessories,
  attachments, additions, substitutions, and/or replacements of the foregoing
  listed in (a) and (b) above whether or not contained on this filing
  or any lease agreement or lease schedule by and between the parties.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley Company

  	
   

  	
  Winthrop Resources Corporation

  	
   

  	
  April 10, 2003 (31052227)

  	
   

  	
  Equipment referenced in Schedule A to Lease Agreement Number
  MA030889, Lease Schedule Number 008, consisting of IBM hardware and software.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley Company

  	
   

  	
  Toyota Motor Credit Corporation

  	
   

  	
  October 24, 2003 (32825126)

  	
   

  	
  (2) Two new Exide m/n 18-E85D-23

  S/n RBF184169, RBF184172

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley Company

  	
   

  	
  Winthrop Resources Corporation

  	
   

  	
  November 3, 2003 (32945577)

  	
   

  	
  1 9406-820: Upgrade for AS/400 (s/n 2WCFM) includes the following
  feature:

  Addition: f 2435: Model 820 Processor

  Removal: f 2395: Model 820 Processor

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley Company LLC

  	
   

  	
  Toyota Motor Credit Corporation

  	
   

  	
  January 28, 2004 (40443228)

  	
   

  	
  (1) One battery m/n 18E085D27 s/n RBHI92945

  (1) One battery m/n 18 85D-17 s/n RBK-200256

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley Company

  	
   

  	
  Winthrop Resources Corporation

  	
   

  	
  July 19, 2004 (42050641)

  	
   

  	
  Equipment referenced in Schedule A to Lease Agreement Number
  MA030889, Lease Schedule Number 010R, consisting of IBM hardware and
  software.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley Company

  	
   

  	
  Winthrop Resources Corporation

  	
   

  	
  October 13, 2005 (53238277)

  	
   

  	
  Equipment referenced in Schedule A to Lease Agreement Number
  MA030889, Lease Schedule Number 011, consisting of IBM hardware and software.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Marley Engineered Products LLC

  	
   

  	
  GE Capital Commercial
  Services, Inc.

  	
   

  	
  Original : December 30, 2003 (33424259)

  Assignment : December 30, 2003 (33424374)

  	
   

  	
  (i) All of the Debtor’s accounts and other rights to payment (the
  “Purchased Accounts”) sold and assigned from time to time by the Debtor to
  the Secured Party pursuant to the Receivables Purchase Agreement, dated as of
  December 30, 2003, among the Debtor, the Secured Party, and the other
  signatories thereto, and any Bill of Sale and Assignment executed and
  delivered pursuant thereto, (ii) all related instruments, chattel paper,
  documents, insurance proceeds, and general intangibles (including payment
  intangibles and all rights to payment); (iii) all proceeds thereof, including
  all property acquired with such proceeds; (iv) all of Debtor’s rights to
  any of Debtor’s goods which are related to the Purchased Accounts, including
  returned or repossessed goods the sale of which gave rise to a Purchased
  Account; (v) all of Debtor’s right, title, security, guaranties,
  supporting obligations, and letter of credit rights with respect to each
  Purchased Account, including all right to reclamation; and (vi) all sums
  standing to the credit of Debtor with Secured Party.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Marley Engineered Products LLC

  	
   

  	
  MC Machinery Systems, Inc.

  	
   

  	
  October 4, 2005 (53069482)

  	
   

  	
  SPX Corporation/Marley Engineered Products LLC acknowledges that
  title to the Machine, One (1) 

  

 

13

 

	
  Debtor

  	
   

  	
  Secured
  Creditor

  	
   

  	
  Date Filed
  and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  TOYOKOKI Brand Press Brake System Model APB-3613W serial #1441 with
  all standard features and optional accessories attached thereto (PB499), and
  all optional accessories attached thereto will remain with MC Machinery
  during the loaner period.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley-Wylain Company

  	
   

  	
  Marlin Leasing Corp.

  	
   

  	
  March 22, 2005 (50888504)

  	
   

  	
  (7) GESTETNER GDSC338 with PS540 Paper Bank. Fax Option 2238,
  s/n K0341200571. 615, 630, 587, 647, 641, 2039, (9) GESTETNER DSM635SP
  with RAC-25 Cabinet, Fax Option, s/n K2855000938, 930, 915, 893, 888, 937,
  912, 889, 922, (1) GESTETNER G6002 with SR850 Finisher, s/n J4235000509,
  (1) SR990 Finisher

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  The Marley-Wylain Company

  	
   

  	
  United Rentals (North America), Inc.

  	
   

  	
  April 23, 2007 (71516938)

  	
   

  	
  Eq#967698 Sullair Electric Compressor model LS-25S-250H s/n
  200704180074

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Cooling Technologies, Inc. 

  	
   

  	
  Calyon New York Branch

  	
   

  	
  Original: April 25, 2003 (31078149)

  Amendment: July 2, 2004 (41853102)

  Amendment: January 25, 2005 (50274200)

  Amendment: February 28, 2005 (50635988)

  Amendment: June 16, 2005 (51862169)

  Amendment: November 22, 2005 (53626935)

  	
   

  	
  All right, title, and interest of Debtor to and under all Receivables
  originated by it existing as of the close of business on the Business day
  immediately prior to June 16, 2005, and all Receivables thereafter
  arising through and including the Facility Termination Date, together with
  the Related Security with respect to such Receivables and all Collections
  with respect thereto.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Cooling Technologies, Inc.

  	
   

  	
  Shintech Louisiana, LLC

  	
   

  	
  April 17, 2006 (61265834)

  	
   

  	
  All of Debtor’s right, title, and interest in and to the materials
  purchased by or on behalf of Debtor in connection with the performance of
  Debtor’s work under that certain purchase order contract no. PQVCM-115024
  covering cooling towers, dated January 12, 2006, by and between Debtor,
  as Fabricator, and Secured Party, including all additions, substitutions and
  replacements for and proceeds of the above, including all income and benefits
  resulting from any of the above, and all products and proceeds thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Cooling Technologies, Inc.

  	
   

  	
  Shintech Louisiana, LLC

  	
   

  	
  April 17, 2006 (61265818)

  	
   

  	
  All of Debtor’s right, title, and interest in and to the materials purchased
  by or on behalf of Debtor in connection with the performance of Debtor’s work
  under that certain purchase order contract no. PQVCM-115023 covering cooling
  towers, dated January 12, 2006, by and between Debtor, as Fabricator,
  and Secured Party, including all additions, substitutions and replacements
  for and proceeds of the above, including all income and benefits resulting
  from any of the above, and all products and proceeds thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SPX Cooling Technologies, Inc.

  	
   

  	
  Shintech Louisiana, LLC

  	
   

  	
  April 17, 2006 (61265826)

  	
   

  	
  All of Debtor’s right, title, and interest in and to the materials
  purchased by or on behalf of Debtor in connection with the performance of
  Debtor’s work under that certain purchase order contract no. PQVCM-115025
  covering cooling towers, dated January 12, 2006, by and between Debtor,
  as Fabricator, and Secured Party, including all additions, substitutions and
  replacements for and proceeds of the above, including all income and 

  

 

14

 

	
  Debtor

  	
   

  	
  Secured
  Creditor

  	
   

  	
  Date Filed
  and Filing

  Number

  	
   

  	
  Collateral

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  benefits resulting from any of the above, and all products and
  proceeds thereof.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Marley Cooling Technologies, Inc. (former name of SPX Cooling
  Technologies, Inc.)

  	
   

  	
  Thompson Tractor Co., Inc.

  	
   

  	
  April 16, 2003  (30984388)

  	
   

  	
  Two (2) New Kubota M4900SD tractor with LA1002 loader arms and
  forks, s/n 53068 & 52715; Two (2) Used Caterpillar TH83
  Telehandler, s/n 3RN4054 & 3RN4075; 
  One (1) Club Car Pioneer 1200 Utility Carts WH 153, s/n 302532;
  One (1) Club Car Pioneer 1200 Utility Carts WH 156, s/n 302536; One (1) Club
  Car Pioneer 1200 Utility Carts WH 155, s/n 302533.  Proceeds of the Collateral are also
  covered.

  

 

15

 

Schedule 6.5

 

Existing
Investments

 

	
  Person in Which Parent Borrower 

  has a Direct or Indirect Investment

  	
   

  	
  Percent 

  Ownership

  	
   

  	
  Holder of 

  Investment

  
	
  Arrendador Korco, S.A. de
  C.V.

  	
   

  	
  49%

  	
   

  	
  AMCA/Brookfield International Sales Corporation

  
	
  Beijing Marley XingYe Cooling Tower Co., Ltd

  	
   

  	
  51%

  	
   

  	
  Guangzhou Marley Cooling Tower Co.

  
	
  Dezurik Japan Co. Ltd.

  	
   

  	
  48%

  	
   

  	
  SPX Corporation

  
	
  EGS Electrical Group, LLC

  	
   

  	
  44.5%

  	
   

  	
  SPX Corporation: 40.24%, SPX Holding Inc.:
  4.26%

  
	
  Fairbanks Morse India Limited

  	
   

  	
  35%

  	
   

  	
  Fairbanks Morse Pump Corporation

  
	
  Hangzhou Kayex Zheda Electromechanical Co.,
  Ltd.

  	
   

  	
  53%

  	
   

  	
  Kayex China Holdings, Inc.

  
	
  L&N Products Pty Limited

  	
   

  	
  50%

  	
   

  	
  SPX Corporation

  
	
  Menk USA LLC

  	
   

  	
  33%

  	
   

  	
  Waukesha Electric Systems, Inc.

  
	
  Prepared Response, Inc.

  	
   

  	
  22%

  	
   

  	
  SPX Corporation

  
	
  Rathi Brothers Pvt. Ltd.

  	
   

  	
  1%

  	
   

  	
  TBD — (Bran Luebbe U.K.)

  
	
  Rathi Lightnin Mixers Pvt. Ltd.

  	
   

  	
  50%

  	
   

  	
  SPX Process Equipment Ltd (U.K.)

  
	
  SPX Pension Trust Company Limited

  	
   

  	
  50%

  	
   

  	
  SPX United Kingdom Limited

  
	
  TAPS, LLC

  	
   

  	
  25%

  	
   

  	
  SPX Corporation

  

 

Investments by the Parent Borrower and/or Wholly Owned Subsidiary
Guarantors in Subsidiaries (that are not Wholly Owned Subsidiary Guarantors) in
the aggregate amounts outstanding (and in the case of Investments consisting of
Guarantees, in the maximum amounts) as of the Effective Date; it being acknowledged
that a change in the form of Investment (e.g., debt (or guarantee) to equity,
equity to debt (or guarantee) or equity to equity) or the applicable investee
(e.g., Subsidiary in existence as of the Effective Date or subsequently formed
or acquired) without increase in amount shall not be deemed an additional
Investment under Section 6.5.

 

 

Schedule 6.11

 

Existing
Restrictions

 

I.                                         Restrictions
incurred by Johnson Pump (India) Limited pursuant to credit capital facilities
dated May 5, 2006 with ICICI Bank.

 

II.                                     Restrictions
incurred by SPX Technologies (Proprietary) Limited pursuant to Banking
Facilities dated March 31, 2006 with The Standard Bank of South Africa
Limited.

 

Exhibit A

 

GUARANTEE AND COLLATERAL AGREEMENT

 

made by

 

SPX CORPORATION

 

and certain of its Subsidiaries

 

in favor of

 

BANK OF AMERICA, N.A.,

as Administrative Agent

 

Dated as of September 21, 2007

 

 

Table of Contents

 

	
   

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  
	
  SECTION 1.

  	
  DEFINED TERMS

  	
  1

  
	
  1.1

  	
  Definitions

  	
  1

  
	
  1.2

  	
  Other Definitional Provisions

  	
  3

  
	
  SECTION 2.

  	
  GUARANTEE

  	
  4

  
	
  2.1

  	
  Guarantee

  	
  4

  
	
  2.2

  	
  Right of Contribution

  	
  5

  
	
  2.3

  	
  No Subrogation

  	
  5

  
	
  2.4

  	
  Amendments, etc. with respect to the Borrower Obligations

  	
  5

  
	
  2.5

  	
  Guarantee Absolute and Unconditional

  	
  6

  
	
  2.6

  	
  Reinstatement

  	
  6

  
	
  2.7

  	
  Payments

  	
  6

  
	
  SECTION 3.

  	
  GRANT
  OF SECURITY INTEREST

  	
  7

  
	
  SECTION 4.

  	
  REPRESENTATIONS
  AND WARRANTIES

  	
  7

  
	
  4.1

  	
  Title; No Other Liens

  	
  7

  
	
  4.2

  	
  Perfected First Priority Liens

  	
  7

  
	
  4.3

  	
  Jurisdiction of Organization

  	
  7

  
	
  4.4

  	
  Pledged Stock

  	
  7

  
	
  SECTION 5.

  	
  COVENANTS

  	
  8

  
	
  5.1

  	
  Delivery of Certificated Securities

  	
  8

  
	
  5.2

  	
  Payment of Obligations

  	
  8

  
	
  5.3

  	
  Maintenance of Perfected Security Interest; Further Documentation

  	
  8

  
	
  5.4

  	
  Changes in Name, etc

  	
  9

  
	
  5.5

  	
  Notices

  	
  9

  
	
  5.6

  	
  Pledged Stock

  	
  9

  
	
  SECTION
  6.

  	
  REMEDIAL
  PROVISIONS

  	
  10

  
	
  6.1

  	
  Pledged Stock

  	
  10

  
	
  6.2

  	
  Proceeds to be Turned Over To Administrative Agent

  	
  11

  
	
  6.3

  	
  Application of Proceeds

  	
  11

  
	
  6.4

  	
  Code and Other Remedies

  	
  12

  
	
  6.5

  	
  Sales, Etc

  	
  13

  
	
  6.6

  	
  Waiver; Deficiency

  	
  13

  
	
  SECTION
  7.

  	
  THE
  ADMINISTRATIVE AGENT

  	
  13

  
	
  7.1

  	
  Administrative Agent’s Appointment as Attorney-in-Fact, etc

  	
  13

  
	
  7.2

  	
  Duty of Administrative Agent

  	
  15

  
	
  7.3

  	
  Execution of Financing Statements

  	
  15

  
	
  7.4

  	
  Authority of Administrative Agent

  	
  15

  
	
  SECTION
  8.

  	
  MISCELLANEOUS

  	
  15

  
	
  8.1

  	
  Amendments in Writing

  	
  15

  
	
  8.2

  	
  Notices

  	
  15

  
	
  8.3

  	
  No Waiver by Course of Conduct; Cumulative Remedies

  	
  16

  
	
  8.4

  	
  Enforcement Expenses; Indemnification

  	
  16

  
	
  8.5

  	
  Successors and Assigns

  	
  16

  
	
  8.6

  	
  Set-Off

  	
  16

  

 

 

i

 

	
  8.7

  	
  Counterparts

  	
  17

  
	
  8.8

  	
  Severability

  	
  17

  
	
  8.9

  	
  Section Headings

  	
  17

  
	
  8.10

  	
  Integration

  	
  17

  
	
  8.11

  	
  GOVERNING LAW

  	
  17

  
	
  8.12

  	
  Submission To Jurisdiction; Waivers

  	
  17

  
	
  8.13

  	
  Acknowledgements

  	
  18

  
	
  8.14

  	
  Additional Guarantors and Grantors

  	
  18

  
	
  8.15

  	
  Waiver of Jury Trial

  	
  18

  
	
  8.16

  	
  Judgment Currency

  	
  18

  

 

SCHEDULES:

 

1                                          Guarantor Notice Addresses

2                                          Pledged Stock

3                                          Perfection of Liens

4                                          Jurisdiction of Organization; Organizational
Identification Number; Chief Executive Office

 

ANNEXES:

 

1                  Form of Acknowledgement and Consent

2                  Form of Assumption Agreement

 

 

ii

 

 

GUARANTEE AND COLLATERAL AGREEMENT

 

GUARANTEE
AND COLLATERAL AGREEMENT, dated as of September 21, 2007, made by each of the
signatories hereto (together with any other entity that may become a party
hereto as provided herein, the “Grantors”), in favor of BANK OF AMERICA,
N.A., as administrative agent (in such capacity, the “Administrative Agent”)
for the banks and other financial institutions (the “Lenders”) from time
to time parties to the Credit Agreement, dated as of September 21, 2007 (as
amended, supplemented or otherwise modified from time to time, the “Credit
Agreement”), among SPX CORPORATION (the “Parent Borrower”), the
Foreign Subsidiary Borrowers from time to time parties thereto (together with
the Parent Borrower, the “Borrowers”), the Lenders, the Administrative
Agent and DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH, as the Foreign Trade
Facility Agent.

 

W  I  T
N  E  S  S  E  T  H

 

WHEREAS,
pursuant to the Credit Agreement, the Lenders have severally agreed to make
extensions of credit to the Borrowers upon the terms and subject to the
conditions set forth therein;

 

WHEREAS,
the Borrowers are members of an affiliated group of companies that includes
each other Grantor;

 

WHEREAS,
the proceeds of the extensions of credit under the Credit Agreement will be used
in part to enable the Borrowers to make valuable transfers to one or more of
the other Grantors in connection with the operation of their respective
businesses;

 

WHEREAS,
each Grantor will derive substantial direct and indirect benefit from the
making of the extensions of credit under the Credit Agreement; and

 

WHEREAS,
it is a condition precedent to the obligation of the Lenders to make their
respective extensions of credit to the Borrowers under the Credit Agreement
that the Grantors shall have executed and delivered this Agreement to the
Administrative Agent for the ratable benefit of the Secured Parties (as defined
below);

 

NOW,
THEREFORE, in consideration of the premises and to induce the Administrative
Agent and the Lenders to enter into the Credit Agreement and to induce the
Lenders to make their respective extensions of credit to the Borrowers
thereunder, each Grantor hereby agrees with the Administrative Agent, for the
ratable benefit of the Secured Parties, as follows:

 

SECTION
1.   DEFINED TERMS

 

1.1          Definitions. (a) Unless otherwise defined herein,
terms defined in the Credit Agreement and used herein shall have the meanings
given to them in the Credit Agreement.

 

(b)          The
following terms shall have the following meanings:

 

“Agreement”: this Guarantee and Collateral
Agreement, as the same may be amended, supplemented or otherwise modified from
time to time.

 

“Borrower Obligations”: the collective
reference to the unpaid principal of and interest on the Loans, Reimbursement
Obligations and Foreign Credit Reimbursement Obligations and 

 

1

 

all other obligations and liabilities of the Borrowers (including,
without limitation, interest accruing at the then applicable rate provided in
the Credit Agreement after the maturity of the Loans, Reimbursement Obligations
and Foreign Credit Reimbursement Obligations and interest accruing at the then
applicable rate provided in the Credit Agreement after the filing of any
petition in bankruptcy, or the commencement of any insolvency, reorganization
or like proceeding, relating to any Borrower, whether or not a claim for post-filing
or post-petition interest is allowed in such proceeding) to the Administrative
Agent or any other Secured Party, whether direct or indirect, absolute or
contingent, due or to become due, or now existing or hereafter Incurred, which
may arise under, out of, or in connection with, the Credit Agreement, this
Agreement, the other Loan Documents, any Letter of Credit, any Foreign Credit
Instrument (including, without limitation, any such instrument listed on
Part B of Schedule 2.6(a) to the Credit Agreement), any Lender Hedge
Agreement, any Specified Cash Management Agreement or any other document made,
delivered or given in connection with any of the foregoing, in each case
whether on account of principal, interest, reimbursement obligations, fees,
indemnities, costs, expenses or otherwise (including, without limitation, all
fees and disbursements of counsel to the Administrative Agent or to the other
Secured Parties that are required to be paid by any Borrower pursuant to the
terms of any of the foregoing agreements).

 

“Certificated Security”: as defined in
Section 8-102(a)(4) of the New York UCC.

 

“Collateral”: as defined in Section 3.

 

“Collateral Account”: any collateral account
established by the Administrative Agent as provided in Section 6.2.

 

“Financial Asset”: as defined in
Section 8-102(a)(9) of the New York UCC.

 

“Foreign Subsidiary Voting Stock”: the voting
Capital Stock of any Foreign Subsidiary.

 

“Guarantor Obligations”: with respect to any
Guarantor, all obligations and liabilities of such Guarantor which may arise
under or in connection with this Agreement (including, without limitation, Section 2)
or any other Loan Document to which such Guarantor is a party, in each case
whether on account of guarantee obligations, reimbursement obligations, fees,
indemnities, costs, expenses or otherwise (including, without limitation, all
fees and disbursements of counsel to the Administrative Agent or to the other
Secured Parties that are required to be paid by such Guarantor pursuant to the
terms of this Agreement).

 

“Guarantors”: the collective reference to
each Grantor and any other Person that becomes a party hereto as a guarantor in
accordance with the Credit Agreement.

 

“Issuers”: the collective reference to each
issuer of any Pledged Stock.

 

“Lender Hedge Agreement”: any Hedging
Agreement entered into by the Parent Borrower or any Guarantor and any Lender
or Affiliate thereof.

 

“New York UCC”: the Uniform Commercial Code
as from time to time in effect in the State of New York.

 

“Obligations”: (i) in the case of each
Borrower, its Borrower Obligations and its Guarantor Obligations, and (ii) in
the case of each Guarantor, its Guarantor Obligations.

 

2

 

“Pledged Stock”: the shares of Capital Stock
listed on Schedule 2, together with any other shares, stock
certificates, options or rights of any nature whatsoever in respect of the
Capital Stock of any Person that may be issued or granted to, or directly held
by, any Grantor while this Agreement is in effect; provided that (i) in
no event shall the Capital Stock of a Foreign Subsidiary be Collateral or be
required to be pledged or a security interest granted hereunder unless such
Subsidiary is a Material Subsidiary that is directly owned by the Parent
Borrower or a Domestic Subsidiary, (ii) in no event shall more than 65% of the
total outstanding Foreign Subsidiary Voting Stock of any Foreign Subsidiary be
Collateral or be required to be pledged or a security interest granted
hereunder, (iii) in no event shall the Capital Stock of any non-Wholly Owned
Subsidiary be Collateral or be required to be pledged or a security interest
granted hereunder by any Grantor to the extent, and only to the extent, the
grant by such Grantor of a security interest pursuant to this Agreement in its
right, title and interest in such Capital Stock is prohibited by the
organizational or governing documents of such non-Wholly Owned Subsidiary, (iv)
in no event shall the Capital Stock of any Receivables Entity be Collateral or
be required to be pledged or a security interest granted hereunder by any
Grantor to the extent, and only to the extent, the grant by such Grantor of a security
interest pursuant to this Agreement in its right, title and interest in such
Capital Stock is prohibited by the documentation relating to the Receivables
sale, factoring or securitization to which such Receivables Entity is a party
and (v) in no event shall the Capital Stock of any Foreign Subsidiary be
Collateral or be required to be pledged or a security interest granted
hereunder if such pledge or grant of a security interest would result in a
violation of any laws, regulations or orders of any Governmental Authority be
required to be pledged or a security interest granted hereunder.

 

“Proceeds”: all “proceeds” as such term is
defined in Section 9-102(a)(64) of the New York UCC and, in any event,
shall include, without limitation, all dividends or other income from the
Pledged Stock, collections thereon or distributions or payments with respect
thereto.

 

“Secured Parties”: the collective reference
to the Administrative Agent, the Foreign Trade Facility Agent, the Lenders,
and, in the case of any Lender Hedge Agreement or Specified Cash Management
Agreement, any counterparty thereto that, at the time such Lender Hedge
Agreement or Specified Cash Management Agreement, as applicable, was entered
into, was a Lender or an Affiliate of a Lender.

 

“Security”: as defined in Section 8-102(a)(15)
of the New York UCC.

 

“Securities Act”: the Securities Act of 1933,
as amended.

 

1.2          Other
Definitional Provisions. (a)   The words “hereof,” “herein”,
“hereto” and “hereunder” and words of similar import when used in this
Agreement shall refer to this Agreement as a whole and not to any particular
provision of this Agreement, and Section and Schedule references are
to this Agreement unless otherwise specified.

 

(b)          The
meanings given to terms defined herein shall be equally applicable to both the
singular and plural forms of such terms.

 

(c)          Where
the context requires, terms relating to the Collateral or any part thereof,
when used in relation to a Grantor, shall refer to such Grantor’s Collateral or
the relevant part thereof.

 

3

 

SECTION
2.   GUARANTEE

 

2.1          Guarantee.

 

(a)          Each
of the Guarantors hereby, jointly and severally, unconditionally and
irrevocably, guarantees to the Administrative Agent and the Secured Parties and
their respective successors and permitted assigns, the prompt and complete
payment and performance by each Borrower when due (whether at the stated
maturity, by acceleration or otherwise) of its Borrower Obligations (other than
in respect of Excluded Taxes); provided, however, that the Parent
Borrower’s guarantee obligations under this Section 2 shall be
limited to the guarantee of the prompt and complete payment and performance by
each Foreign Subsidiary Borrower when due (whether at the stated maturity, by
acceleration or otherwise) of its respective Borrower Obligations (other than
in respect of Excluded Taxes).

 

(b)          Anything
herein or in any other Loan Document to the contrary notwithstanding, the
maximum liability of each Guarantor hereunder and under the other Loan
Documents shall in no event exceed the amount which can be guaranteed by such
Guarantor under applicable federal and state laws relating to the insolvency of
debtors (after giving effect to the right of contribution established in Section 2.2).

 

(c)          Each
Guarantor agrees that the Borrower Obligations may at any time and from time to
time exceed the amount of the liability of such Guarantor hereunder without
impairing the guarantee contained in this Section 2 or affecting
the rights and remedies of the Administrative Agent or any other Secured Party
hereunder.

 

(d)          The
guarantee contained in this Section 2 shall remain in full force
and effect until all the Borrower Obligations and the obligations of each
Guarantor under the guarantee contained in this Section 2 shall have been
satisfied by payment in full in cash, no Letter of Credit or Foreign Credit
Instrument shall be outstanding (unless fully cash collateralized or otherwise
supported in a manner consistent with the terms of Section 2.5(j) or
2.6(o)(iii), as applicable, of the Credit Agreement) and the Commitments shall
be terminated, notwithstanding that from time to time during the term of the
Credit Agreement the Borrowers may be free from any Borrower Obligations.

 

(e)          The
obligations of each Guarantor here under are those of a primary obligor, and
not merely as a surety, and are expressly and wholly independent of (i) the
Guarantor Obligations of each other Guarantor and (ii) the Borrower’s
Obligations. No payment made by any of the Guarantors or any other Person or
received or collected by the Administrative Agent or any other Secured Party
from any of the Guarantors or any other Person by virtue of any action or
proceeding or any set-off or appropriation or application at any time or from
time to time in reduction of the payment of such Guarantor’s Obligation shall
be deemed to modify, release or otherwise affect the liability of any other
Guarantor hereunder, which shall, notwithstanding any such payment by such
other Guarantor, remain liable for the Borrower Obligations up to the maximum
liability of such Guarantor hereunder until the Borrower Obligations are paid
in full in cash, no Letter of Credit or Foreign Credit Instrument shall be
outstanding and the Commitments are terminated. No partial payment of the
Borrower Obligations made by the Borrower or received or collected by the
Administrative Agent or any other Secured Party from the Borrower by virtue of
any action or proceeding or any set-off or appropriation or application at any
time or from time to time shall be deemed to modify, release or otherwise
affect the liability of any Guarantor hereunder, which shall, notwithstanding
any such partial payment by the Borrower, remain liable for the Borrower
Obligations up to the maximum liability of such Guarantor 

 

4

 

hereunder until the Borrower Obligations are paid in full in cash, no
Letter of Credit or Foreign Credit Instrument shall be outstanding and the
Commitments are terminated.

 

2.2          Right
of Contribution. Each Subsidiary Guarantor hereby agrees that to the extent that a
Subsidiary Guarantor shall have paid more than its proportionate share of any
payment made hereunder, such Subsidiary Guarantor shall be entitled to seek and
receive contribution from and against any other Subsidiary Guarantor hereunder
which has not paid its proportionate share of such payment. Each Subsidiary
Guarantor’s right of contribution shall be subject to the terms and conditions
of Section 2.3. The provisions of this Section 2.2
shall in no respect limit the obligations and liabilities of any Subsidiary
Guarantor to the Administrative Agent and the other Secured Parties, and each
Subsidiary Guarantor shall remain liable to the Administrative Agent and the other
Secured Parties for the full amount guaranteed by such Subsidiary Guarantor
hereunder.

 

2.3          No
Subrogation.
Notwithstanding any payment made by any Guarantor hereunder or any set-off or
application of funds of any Guarantor by the Administrative Agent or any other
Secured Party, no Guarantor shall be entitled to be subrogated to any of the
rights of the Administrative Agent or any other Secured Party against any
Borrower or any other Guarantor or any collateral security or guarantee or
right of offset held by the Administrative Agent or any other Secured Party for
the payment of the Borrower Obligations, nor shall any Guarantor seek or be
entitled to seek any contribution or reimbursement from any Borrower or any
other Guarantor in respect of payments made by such Guarantor hereunder, until
all amounts owing to the Administrative Agent and the other Secured Parties by
each Borrower on account of its respective Borrower Obligations are paid in
full in cash, no Letter of Credit or Foreign Credit Instrument shall be
outstanding (unless fully cash collateralized or otherwise supported in a
manner consistent with the terms of Section 2.5(j) or 2.6(o)(iii), as
applicable, of the Credit Agreement) and the Commitments are terminated. If any
amount shall be paid to any Guarantor on account of such subrogation rights at
any time when all of the Borrower Obligations shall not have been paid in full
in cash, such amount shall be held by such Guarantor in trust for the
Administrative Agent and the other Secured Parties, segregated from other funds
of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be
turned over to the Administrative Agent in the exact form received by such
Guarantor (duly indorsed by such Guarantor to the Administrative Agent, if required),
to be applied against the Borrower Obligations, whether matured or unmatured,
in such order as the Administrative Agent may determine.

 

2.4          Amendments,
etc. with respect to the Borrower Obligations. Each Guarantor shall remain obligated
hereunder notwithstanding that, without any reservation of rights against any
Guarantor and without notice to or further assent by any Guarantor, any demand
for payment of any of the Borrower Obligations made by the Administrative Agent
or any other Secured Party may be rescinded by the Administrative Agent or such
Secured Party and any of the Borrower Obligations continued, and the Borrower
Obligations, or the liability of any other Person upon or for any part thereof,
or any collateral security or guarantee therefor or right of offset with
respect thereto, may, from time to time, in whole or in part, be renewed,
extended, amended, modified, accelerated, compromised, waived, surrendered or
released by the Administrative Agent or any other Secured Party, and the Credit
Agreement and the other Loan Documents and any other documents executed and
delivered in connection therewith may be amended, modified, supplemented or
terminated, in whole or in part, as the Administrative Agent (or the
Administrative Agent, the Required Lenders or all Lenders, as the case may be)
may deem advisable from time to time, and any collateral security, guarantee or
right of offset at any time held by the Administrative Agent or any other
Secured Party for the payment of the Borrower Obligations may be sold,
exchanged, waived, surrendered or released. Neither the Administrative Agent
nor any other Secured Party shall have any obligation to protect, secure,
perfect or insure any Lien at any time held by it as security for the Borrower
Obligations or for the guarantee contained in this Section 2 or any
property subject thereto.

 

5

 

2.5          Guarantee
Absolute and Unconditional. Each Guarantor waives any and all notice of the creation, renewal,
extension or accrual of any of the Borrower Obligations and notice of or proof
of reliance by the Administrative Agent or any other Secured Party upon the
guarantee contained in this Section 2 or acceptance of the
guarantee contained in this Section 2; the Borrower Obligations,
and any of them, shall conclusively be deemed to have been created, contracted
or incurred, or renewed, extended, amended or waived, in reliance upon the
guarantee contained in this Section 2; and all dealings between any
of the Borrowers and any of the Guarantors, on the one hand, and the
Administrative Agent and the other Secured Parties, on the other hand, likewise
shall be conclusively presumed to have been had or consummated in reliance upon
the guarantee contained in this Section 2. Each Guarantor waives
diligence, presentment, protest, demand for payment and notice of default or
nonpayment to or upon any of the Borrowers or any of the Guarantors with
respect to the Borrower Obligations, except for such demands for payment and/or
notices as are expressly specified in the Credit Agreement. Each Guarantor
understands and agrees that the guarantee contained in this Section 2
shall be construed as a continuing, absolute and unconditional guarantee of
payment without regard to (a) the validity or enforceability of the Credit
Agreement or any other Loan Document, any of the Borrower Obligations or any
other collateral security therefor or guarantee or right of offset with respect
thereto at any time or from time to time held by the Administrative Agent or
any other Secured Party, (b) any defense, set-off or counterclaim (other than a
defense of payment or performance) which may at any time be available to or be
asserted by any Borrower or any other Person against the Administrative Agent
or any other Secured Party, or (c) any other circumstance whatsoever (with or
without notice to or knowledge of any Borrower or such Guarantor) which
constitutes, or might be construed to constitute, an equitable or legal
discharge of any Borrower for the Borrower Obligations, or of such Guarantor
under the guarantee contained in this Section 2, in bankruptcy or
in any other instance. When making any demand hereunder or otherwise pursuing
its rights and remedies hereunder against any Guarantor, the Administrative
Agent or any other Secured Party may, but shall be under no obligation to, make
a similar demand on or otherwise pursue such rights and remedies as it may have
against any Borrower, any other Guarantor or any other Person or against any
collateral security or guarantee for the Borrower Obligations or any right of
offset with respect thereto, and any failure by the Administrative Agent or any
other Secured Party to make any such demand, to pursue such other rights or
remedies or to collect any payments from any Borrower, any other Guarantor or
any other Person or to realize upon any such collateral security or guarantee
or to exercise any such right of offset, or any release of any Borrower, any
other Guarantor or any other Person or any such collateral security, guarantee
or right of offset, shall not relieve any Guarantor of any obligation or
liability hereunder, and shall not impair or affect the rights and remedies,
whether express, implied or available as a matter of law, of the Administrative
Agent or any other Secured Party against any Guarantor. For the purposes hereof
“demand” shall include the commencement and continuance of any legal
proceedings.

 

2.6          Reinstatement. The guarantee contained in this Section 2
shall continue to be effective, or be reinstated, as the case may be, if at any
time payment, or any part thereof, of any of the Borrower Obligations is
rescinded or must otherwise be restored or returned by the Administrative Agent
or any other Secured Party upon the insolvency, bankruptcy, dissolution,
liquidation or reorganization of any Borrower or any Guarantor, or upon or as a
result of the appointment of a receiver, intervenor or conservator of, or
trustee or similar officer for, any Borrower or any Guarantor or any
substantial part of its property, or otherwise, all as though such payments had
not been made.

 

2.7          Payments. Each Guarantor hereby guarantees that
payments hereunder will be paid to the Administrative Agent without set-off or
counterclaim in Dollars at the office of the Administrative Agent located at
Bank of America, N.A., Mail Code: NC1-001-04-39, One Independence Center, 101
N. Tryon Street, Charlotte, North Carolina 28255-0001, attention of Sally A.
Bixby (Telecopy No. 704-719-8876, E-mail: sally.a.bixby@bankofamerica.com).

 

6

 

SECTION
3.   GRANT OF SECURITY INTEREST

 

Each
Grantor hereby assigns and transfers to the Administrative Agent, and hereby
grants to the Administrative Agent, for the ratable benefit of the Secured
Parties, a security interest in, all Pledged Stock and to the extent not
otherwise included, all Proceeds of the Pledged Stock now owned or at any time
hereafter acquired by such Grantor or in which such Grantor now has or at any
time in the future may acquire any right, title or interest (collectively, the “Collateral”),
as collateral security for the prompt and complete payment and performance when
due (whether at the stated maturity, by acceleration or otherwise) of such
Grantor’s Obligations.

 

SECTION
4.   REPRESENTATIONS AND WARRANTIES

 

To
induce the Administrative Agent, the Foreign Trade Facility Agent and the
Lenders to enter into the Credit Agreement and to induce the Lenders to make
their respective extensions of credit to the Borrowers thereunder, each Grantor
hereby represents and warrants to the Administrative Agent and each other
Secured Party that:

 

4.1          Title;
No Other Liens. Except for the security interest granted to the Administrative Agent
for the ratable benefit of the Secured Parties pursuant to this Agreement and
the other Liens permitted to exist on the Collateral by the Credit Agreement,
such Grantor owns each item of the Collateral free and clear of any and all
Liens or claims of others. No effective financing statement or other public
notice with respect to all or any part of the Collateral is on file or of
record in any public office, except such as have been filed in favor of the
Administrative Agent, for the ratable benefit of the Secured Parties, pursuant
to this Agreement or as are permitted by the Credit Agreement.

 

4.2          Perfected
First Priority Liens. The security interests granted pursuant to this Agreement (a) upon
completion of the filings and other actions specified on Schedule 3
(which, in the case of all filings and other documents referred to on said
Schedule, have been delivered to the Administrative Agent in completed and duly
executed form) will constitute valid perfected security interests in all of the
Collateral in favor of the Administrative Agent, for the ratable benefit of the
Secured Parties, as collateral security for such Grantor’s Obligations,
enforceable in accordance with the terms hereof against all creditors of such
Grantor and any Persons purporting to purchase any Collateral from such Grantor
and (b) are prior to all other Liens on the Collateral in existence on the date
hereof except for Liens permitted by the Credit Agreement which have priority
over the Liens on the Collateral by operation of law.

 

4.3          Jurisdiction
of Organization. On the date hereof, such Grantor’s jurisdiction of organization and
organizational identification number (if any) from such jurisdiction are
specified on Schedule 4.

 

4.4          Pledged
Stock.

 

(a)          The
shares of Pledged Stock pledged by such Grantor hereunder constitute all the
issued and outstanding shares of all classes of the Capital Stock of each
Issuer owned by such Grantor or, in the case of Foreign Subsidiary Voting
Stock, if less, 65% of the outstanding Foreign Subsidiary Voting Stock of each
relevant Issuer.

 

7

 

(b)          All
the shares of the Pledged Stock have been duly and validly issued and are fully
paid and nonassessable.

 

(c)          Such  Grantor is the record and beneficial owner
of, and has good and marketable title to, the Pledged Stock pledged by it
hereunder.

 

(d)          Except as previously disclosed in
writing to the Administrative Agent, none of the Pledged Stock consisting of
partnership or limited liability company interests (i) is dealt in or traded on
a securities exchange or in a securities market, (ii) by its terms expressly
provides that it is a security governed by Article 8 of the UCC, (iii) is an
investment company security, (iv) is held in a securities account or (v)
constitutes a Security or a Financial Asset.

 

SECTION
5.   COVENANTS

 

Each
Grantor covenants and agrees with the Administrative Agent on behalf of the
Secured Parties that, from and after the date of this Agreement until the
Obligations shall have been paid in full in cash, no Letter of Credit or
Foreign Credit Instrument shall be outstanding (unless fully cash
collateralized or otherwise supported in a manner consistent with the terms of
Section 2.5(j) or 2.6(o)(iii), as applicable, of the Credit Agreement) and
the Commitments shall have terminated:

 

5.1          Delivery
of Certificated Securities. If any amount payable in excess of $5,000,000 under or in connection
with any of the Collateral shall be or become evidenced by any Certificated
Security, such Certificated Security shall be immediately delivered to the
Administrative Agent, duly indorsed in a manner satisfactory to the
Administrative Agent, to be held as Collateral pursuant to this Agreement.

 

5.2          Payment
of Obligations. Such Grantor will pay and discharge or otherwise satisfy at or before
maturity or before they become delinquent, as the case may be, all taxes,
assessments and governmental charges or levies imposed upon or that could
become a Lien upon the Collateral or in respect of income or profits therefrom,
as well as all claims of any kind (including, without limitation, claims for
labor, materials and supplies) against or that could become a Lien upon the
Collateral, except that no such charge need be paid if the amount or validity
thereof is currently being contested in good faith by appropriate proceedings,
reserves in conformity with GAAP with respect thereto have been provided on the
books of such Grantor and such proceedings could not reasonably be expected to
result in a Material Adverse Effect.

 

5.3          Maintenance
of Perfected Security Interest; Further Documentation.

 

(a)          Such
Grantor shall maintain the security interest created by this Agreement as a
perfected security interest having at least the priority described in Section 4.2
and shall defend such security interest against the claims and demands of all
Persons whomsoever.

 

(b)          Such
Grantor will furnish to the Administrative Agent and the other Secured Parties
from time to time statements and schedules further identifying and describing
any Collateral owned by such Grantor and such other reports in connection therewith
as the Administrative Agent may reasonably request, all in reasonable detail.

 

(c)          At
any time and from time to time, upon the written request of the Administrative
Agent, and at the sole expense of such Grantor, such Grantor will promptly and
duly execute and deliver, and have recorded, such further instruments and
documents and take such further actions as the Administrative Agent may
reasonably request for the purpose of obtaining or preserving 

 

8

 

the full benefits of this Agreement and of the rights and powers herein
granted, including, without limitation, (i) filing any financing or
continuation statements under the Uniform Commercial Code (or other similar
laws) in effect in any jurisdiction with respect to the security interests
created hereby and (ii) taking any actions necessary to enable the
Administrative Agent to obtain “control” (within the meaning of the applicable
Uniform Commercial Code) of the Pledged Stock.

 

5.4          Changes
in Name, etc.
Such Grantor will not, except upon 15 days’ prior written notice to the
Administrative Agent and delivery to the Administrative Agent of all additional
executed financing statements and other documents reasonably requested by the
Administrative Agent to maintain the validity, perfection and priority of the
security interests provided for herein, (a) change its jurisdiction of
organization from that referred to in Section 4.3 or (ii) change
its name.

 

5.5          Notices. Such Grantor will advise the Administrative
Agent promptly, in reasonable detail, of the occurrence of any event which
could reasonably be expected to have a material adverse effect on the validity,
enforceability, perfection or priority of the security interests created
hereby.

 

5.6          Pledged
Stock.

 

(a)          If
such Grantor shall become entitled to receive or shall receive any stock
certificate (including, without limitation, any certificate representing a
stock dividend or a distribution in connection with any reclassification,
increase or reduction of capital or any certificate issued in connection with
any reorganization), option or rights in respect of the Capital Stock of any
Issuer, whether in addition to, in substitution of, as a conversion of, or in
exchange for, any shares of the Pledged Stock, or otherwise in respect thereof,
such Grantor shall accept the same as the agent of the Administrative Agent and
the other Secured Parties, hold the same in trust for the Administrative Agent
and the other Secured Parties and promptly (but not later than the next
Collateral Date) deliver the same to the Administrative Agent in the exact form
received, duly indorsed by such Grantor to the Administrative Agent, if
required, together with an undated stock power covering such certificate duly
executed in blank by such Grantor and with, if the Administrative Agent so
requests, signature guaranteed, to be held by the Administrative Agent, subject
to the terms hereof, as additional collateral security for the Obligations. If
an Event of Default shall have occurred and be continuing, upon request of the
Administrative Agent, any sums paid upon or in respect of the Pledged Stock
upon the liquidation or dissolution of any Issuer and any distribution of
capital made on or in respect of the Pledged Stock or distributed upon or with
respect to the Pledged Stock pursuant to the recapitalization or
reclassification of the capital of any Issuer or pursuant to the reorganization
thereof, shall be paid over or delivered to the Administrative Agent to be held
by it hereunder as additional collateral security for the Obligations. If any
sums of money or property so paid or distributed in respect of the Pledged
Stock shall be received by such Grantor, such Grantor shall, until such money
or property is paid or delivered to the Administrative Agent if required by the
immediately proceeding sentence, hold such money or property in trust for the
Administrative Agent and the other Secured Parties, segregated from other funds
of such Grantor, as additional collateral security for the Obligations.

 

(b)          Without
the prior written consent of the Administrative Agent, such Grantor will not
(i) vote to enable, or take any other action to permit, any Issuer to issue any
stock or other equity securities of any nature or to issue any other securities
convertible into or granting the right to purchase or exchange for any stock or
other equity securities of any nature of any Issuer (except pursuant to a
transaction expressly permitted by the Credit Agreement), (ii) sell, assign,
transfer, exchange, or otherwise dispose of, or grant any option with respect
to, the Pledged Stock or Proceeds thereof (except pursuant to a transaction
expressly permitted by the Credit

 

9

Agreement), (iii) create, incur or permit to exist any Lien or option
in favor of, or any claim of any Person with respect to, any of the Pledged
Stock or Proceeds thereof, or any interest therein, except for the security
interests created by this Agreement (except pursuant to a transaction expressly
permitted by the Credit Agreement) or (iv) enter into any agreement or
undertaking restricting the right or ability of such Grantor or the
Administrative Agent to sell, assign or transfer any of the Pledged Stock or
Proceeds thereof (other than in anticipation of a Disposition of Pledged Stock
in a transaction expressly permitted by the Credit Agreement).

 

(c)          In
the case of each Grantor which is an Issuer, such Issuer agrees that (i) it
will be bound by the terms of this Agreement relating to the Pledged Stock
issued by it and will comply with such terms insofar as such terms are
applicable to it, (ii) it will notify the Administrative Agent promptly (but
not later than the next Collateral Date) in writing of the occurrence of any of
the events described in Section 5.6(a) with respect to the Pledged
Stock issued by it and (iii) the terms of Sections 6.1(c) and 6.5
shall apply to it, mutatis mutandis, with
respect to all actions that may be required of it pursuant to Section 6.1(c)
or 6.5 with respect to the Pledged Stock issued by it.

 

SECTION
6.   REMEDIAL PROVISIONS

 

6.1          Pledged
Stock. (a)
Unless an Event of Default shall have occurred and be continuing and the
Administrative Agent shall have given notice to the relevant Grantor of the
Administrative Agent’s intent to exercise its corresponding rights pursuant to Section 6.1(b),
each Grantor shall be permitted to receive and use (free of the Lien under this
Agreement) all cash dividends paid in respect of the Pledged Stock, to the
extent not prohibited by the Credit Agreement, and to exercise all voting and
corporate or other organizational rights with respect to the Pledged Stock; provided, however, that no vote
shall be cast or corporate or other organizational right exercised or other
action taken in violation of any provision of the Credit Agreement, this
Agreement or any other Loan Document.

 

(b)          If
an Event of Default shall occur and be continuing and the Administrative Agent
shall give notice of its intent to exercise such rights to the relevant Grantor
or Grantors, (i) the Administrative Agent shall have the right to receive any
and all cash dividends, payments or other Proceeds paid in respect of the
Pledged Stock and make application thereof to the Obligations in such order as
the Administrative Agent may determine, and (ii) any or all of the Pledged
Stock shall be registered in the name of the Administrative Agent or its
nominee, and the Administrative Agent or its nominee may thereafter exercise
(x) all voting, corporate and other rights pertaining to such Pledged Stock at
any meeting of shareholders of the relevant Issuer or Issuers or otherwise and
(y) any and all rights of conversion, exchange and subscription and any other
rights, privileges or options pertaining to such Pledged Stock as if it were
the absolute owner thereof (including, without limitation, the right to
exchange at its discretion any and all of the Pledged Stock upon the merger,
consolidation, reorganization, recapitalization or other fundamental change in
the corporate or other organizational structure of any Issuer, or upon the
exercise by any Grantor or the Administrative Agent of any right, privilege or
option pertaining to such Pledged Stock, and in connection therewith, the right
to deposit and deliver any and all of the Pledged Stock with any committee,
depositary, transfer agent, registrar or other designated agency upon such
terms and conditions as the Administrative Agent may determine), all without
liability except to account for property actually received by it, but the
Administrative Agent shall have no duty to any Grantor to exercise any such
right, privilege or option and shall not be responsible for any failure to do
so or delay in so doing.

 

10

 

(c)          Each Grantor hereby authorizes and instructs each Issuer of any Pledged
Stock pledged by such Grantor hereunder to (i) comply with any instruction
received by it from the Administrative Agent in writing that (x) states that an
Event of Default has occurred and is continuing and (y) is otherwise in
accordance with the terms of this Agreement, without any other or further
instructions from such Grantor, and each Grantor agrees that each Issuer shall
be fully protected in so complying, and (ii) to the extent required hereby, pay
any dividends or other payments with respect to the Pledged Stock directly to
the Administrative Agent.

 

6.2          Proceeds to be Turned Over To Administrative Agent. In addition to the rights of the
Administrative Agent on behalf of the Secured Parties specified in Section 6.1
with respect to dividends and payments in respect of Pledged Stock, if an Event
of Default shall occur and be continuing, at the request of the Administrative
Agent, all Proceeds received by any Grantor consisting of cash, checks and
other near-cash items shall be held by such Grantor in trust for the
Administrative Agent and the other Secured Parties, segregated from other funds
of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned
over to the Administrative Agent in the exact form received by such Grantor
(duly indorsed by such Grantor to the Administrative Agent, if required). All
Proceeds received by the Administrative Agent hereunder shall be held by the
Administrative Agent in a Collateral Account maintained under its sole dominion
and control. All Proceeds while held by the Administrative Agent in a
Collateral Account (or by such Grantor in trust for the Administrative Agent
and the other Secured Parties) shall continue to be held as collateral security
for all the Obligations and shall not constitute payment thereof until applied
as provided in Section 6.3.

 

6.3          Application of Proceeds. At such intervals as may be agreed upon by
the Parent Borrower and the Administrative Agent, or, if an Event of Default
shall have occurred and be continuing, at any time at the Administrative Agent’s
election, the Administrative Agent may apply all or any part of Proceeds
constituting Collateral, whether or not held in any Collateral Account, and any
proceeds of the guarantee set forth in Section 2, in payment of the
Obligations in the following order:

 

First, to pay incurred and unpaid fees and expenses of the Administrative
Agent and the Foreign Trade Facility Agent under the Loan Documents;

 

Second, to pay incurred and unpaid fees and expenses of the Secured Parties
under the Loan Documents;

 

Third, to the Administrative Agent, for application by it towards payment of
amounts then due and owing and remaining unpaid in respect of the Obligations, pro
rata among the Secured Parties according to the amounts of the
Obligations then due and owing and remaining unpaid to the Secured Parties;

 

Fourth, to (i) the payment of that portion of the Obligations constituting
unpaid principal of the Loans, LC Disbursements, Foreign Credit Disbursements
and any other amounts then due and owing and remaining unpaid in respect of the
Obligations and (ii) cash collateralize all outstanding Letters of Credit and
Foreign Credit Instruments (unless already fully cash collateralized or
otherwise supported in a manner consistent with the terms of Section 2.5(j)
or 2.6(o)(iii), as applicable, of the Credit Agreement), pro  rata
among the Secured Parties according to the amounts of the Obligations then held
by the Secured Parties; provided that (a) if any LC Disbursement or Foreign
Credit Disbursement shall occur under any Letter of Credit or Foreign Credit
Instrument for which cash collateral has been provided in accordance herewith,
then such cash collateral shall be applied to the extent thereof to reimburse
such LC Disbursement or Foreign Credit Disbursement, as applicable, (b) if any
Letter of Credit or Foreign Credit Instrument for which cash collateral has
been provided in accordance herewith shall expire

 

11

 

without
any pending drawing or terminate, then the cash collateral provided for such
Letter of Credit or Foreign Credit Instrument, as applicable, shall be
reallocated in accordance with the provisions of this Section in the order of
priority determined under paragraphs First, Second, Third, Fourth and Fifth, as
applicable, and (iii) if any Letter of Credit or Foreign Credit Instrument for
which cash collateral has been provided in accordance herewith shall be amended
to reduce the Face Amount thereof or if the Face Amount thereof shall otherwise
be reduced in accordance with the terms and conditions of such Letter of Credit
or Foreign Credit Instrument, and in either such event the remaining amount of
cash collateral held for such Letter of Credit or Foreign Credit Instrument
exceeds the amount of cash collateral required to be maintained in respect of
such Letter of Credit or Foreign Credit Instrument in accordance with the
Credit Agreement, then the excess amount of cash collateral held in accordance
herewith for such Letter of Credit or Foreign Credit Instrument, as applicable,
shall be reallocated in accordance with the provisions of this Section in the
order of priority determined under paragraphs First, Second, Third, Fourth and
Fifth, as applicable; and

 

Fifth, any balance of such Proceeds remaining after the Obligations shall
have been paid in full in cash, no Letters of Credit or Foreign Credit
Instruments shall be outstanding (unless fully cash collateralized or otherwise
supported in a manner consistent with the terms of Section 2.5(j) or
2.6(o)(iii), as applicable, of the Credit Agreement) and the Commitments shall
have terminated shall be paid over to the applicable Grantor or to whomsoever
may be lawfully entitled to receive the same.

 

6.4          Code and Other Remedies. If an Event of Default shall occur and be
continuing, the Administrative Agent, on behalf of the Secured Parties, may
exercise, in addition to all other rights and remedies granted to them in this
Agreement and in any other instrument or agreement securing, evidencing or
relating to the Obligations, all rights and remedies of a secured party under
the New York UCC or any other applicable law. Without limiting the generality
of the foregoing, the Administrative Agent, without demand of performance or
other demand, presentment, protest, advertisement or notice of any kind (except
any notice required by law referred to below) to or upon any Grantor or any
other Person (all and each of which demands, defenses, advertisements and
notices are hereby waived to the maximum extent permitted under applicable
law), may in such circumstances forthwith collect, receive, appropriate and
realize upon the Collateral, or any part thereof, and/or may forthwith sell,
lease, assign, give option or options to purchase, or otherwise dispose of and
deliver the Collateral or any part thereof (or contract to do any of the
foregoing), in one or more parcels at public or private sale or sales, at any
exchange, broker’s board or office of the Administrative Agent or any other
Secured Party or elsewhere upon such terms and conditions as it may deem
advisable and at such prices as it may deem best, for cash or on credit or for
future delivery without assumption of any credit risk. The Administrative Agent
or any other Secured Party shall have the right upon any such public sale or
sales, and, to the extent permitted by law, upon any such private sale or
sales, to purchase the whole or any part of the Collateral so sold, free of any
right or equity of redemption in any Grantor, which right or equity is hereby
waived and released. Each Grantor further agrees, at the Administrative Agent’s
request, to assemble the Collateral and make it available to the Administrative
Agent at places which the Administrative Agent shall reasonably select, whether
at such Grantor’s premises or elsewhere. The Administrative Agent shall apply
the net proceeds of any action taken by it pursuant to this Section 6.4,
after deducting all reasonable costs and expenses of every kind incurred in
connection therewith or incidental to the care or safekeeping of any of the
Collateral or in any way relating to the Collateral or the rights of the
Administrative Agent and the other Secured Parties hereunder, including,
without limitation, reasonable attorneys’ fees and disbursements, to the
payment in whole or in part of the Obligations, in the order specified in Section 6.3,
and only after such application and after the payment by the Administrative
Agent of any other amount required by any provision of law, including, without
limitation, Section 9-615(a)(3) of the New York UCC, need the
Administrative Agent account for the surplus, if any, to any Grantor. To the
extent permitted by

 

12

 

applicable
law, each Grantor waives all claims, damages and demands it may acquire against
the Administrative Agent or any other Secured Party arising out of the exercise
by them of any rights hereunder in accordance with the terms hereof and
applicable law. If any notice of a proposed sale or other disposition of
Collateral shall be required by law, such notice shall be deemed reasonable and
proper if given at least 10 days before such sale or other disposition.

 

6.5         Sales, Etc.. (a)
Each Grantor recognizes that the Administrative Agent may be unable to effect a
public sale of any or all the Pledged Stock, by reason of certain prohibitions
contained in the Securities Act and applicable state securities laws or
otherwise, and may be compelled to resort to one or more private sales thereof
to a restricted group of purchasers which will be obliged to agree, among other
things, to acquire such securities for their own account for investment and not
with a view to the distribution or resale thereof. Each Grantor acknowledges
and agrees that any such private sale may result in prices and other terms less
favorable than if such sale were a public sale and, notwithstanding such
circumstances, agrees that any such private sale shall be deemed to have been
made in a commercially reasonable manner. The Administrative Agent shall be
under no obligation to delay a sale of any of the Pledged Stock for the period
of time necessary to permit the Issuer thereof to register such securities for
public sale under the Securities Act, or under applicable state securities
laws, even if such Issuer would agree to do so.

 

(b)          Each
Grantor agrees to use its best efforts to do or cause to be done all such other
acts as may be necessary to make such sale or sales of all or any portion of
the Pledged Stock pursuant to this Section 6.5 valid and binding
and in compliance with any and all other applicable Requirements of Law. Each
Grantor further agrees that a breach of any of the covenants contained in this Section 6.5
will cause irreparable injury to the Administrative Agent and the other Secured
Parties, that the Administrative Agent and the other Secured Parties have no
adequate remedy at law in respect of such breach and, as a consequence, that
each and every covenant contained in this Section 6.5 shall be
specifically enforceable against such Grantor, and such Grantor hereby waives
and agrees not to assert any defenses against an action for specific
performance of such covenants except for a defense that no Event of Default has
occurred under the Credit Agreement.

 

6.6          Waiver; Deficiency. Each Grantor shall remain liable for any
deficiency if the proceeds of any sale or other disposition of the Collateral
are insufficient to pay its Obligations and the fees and disbursements of any
attorneys employed by the Administrative Agent or any other Secured Party to
collect such deficiency.

 

SECTION
7.   THE ADMINISTRATIVE
AGENT

 

7.1          Administrative Agent’s Appointment as Attorney-in-Fact,
etc. (a)
Each Grantor hereby irrevocably constitutes and appoints the Administrative
Agent and any officer or agent thereof, with full power of substitution, as its
true and lawful attorney-in-fact with full irrevocable power and authority in
the place and stead of such Grantor and in the name of such Grantor or in its
own name, for the purpose of carrying out the terms of this Agreement, to take
any and all appropriate action and to execute any and all documents and
instruments which may be necessary or desirable to accomplish the purposes of
this Agreement, and, without limiting the generality of the foregoing, each
Grantor hereby gives the Administrative Agent the power and right, on behalf of
such Grantor, without notice to or assent by such Grantor, to do any or all of
the following:

 

13

 

(i)            in the name of such Grantor or its own name,
or otherwise, take possession of and indorse and collect any checks, drafts,
notes, acceptances or other instruments for the payment of moneys due with
respect to any Collateral and file any claim or take any other action or
proceeding in any court of law or equity or otherwise deemed appropriate by the
Administrative Agent for the purpose of collecting any and all such moneys due
with respect to any Collateral whenever payable;

 

(ii)           pay or discharge taxes and Liens levied or placed on or threatened
against the Collateral;

 

(iii)          execute, in connection with any sale provided for in Section 6.4
or 6.5, any indorsements, assignments or other instruments of conveyance
or transfer with respect to the Collateral; and

 

(iv)          (1) direct any party liable for any payment
under any of the Collateral to make payment of any and all moneys due or to
become due thereunder directly to the Administrative Agent or as the
Administrative Agent shall direct; (2) ask or demand for, collect, and receive
payment of and receipt for, any and all moneys, claims and other amounts due or
to become due at any time in respect of or arising out of any Collateral; (3)
sign and indorse any notices and other documents in connection with any of the
Collateral; (4) commence and prosecute any suits, actions or proceedings at law
or in equity in any court of competent jurisdiction to collect the Collateral
or any portion thereof and to enforce any other right in respect of any
Collateral; (5) defend any suit, action or proceeding brought against such
Grantor with respect to any Collateral; (6) settle, compromise or adjust any
such suit, action or proceeding and, in connection therewith, give such
discharges or releases as the Administrative Agent may deem appropriate; and
(7) generally, sell, transfer, pledge and make any agreement with respect to or
otherwise deal with any of the Collateral as fully and completely as though the
Administrative Agent were the absolute owner thereof for all purposes, and do,
at the Administrative Agent’s option and such Grantor’s expense, at any time,
or from time to time, all acts and things which the Administrative Agent deems
necessary to protect, preserve or realize upon the Collateral and the
Administrative Agent’s and the other Secured Parties’ security interests
therein and to effect the intent of this Agreement, all as fully and
effectively as such Grantor might do.

 

Anything in this Section 7.1(a) to the
contrary notwithstanding, the Administrative Agent agrees that it will not
exercise any rights under the power of attorney provided for in this Section 7.1(a)
unless an Event of Default shall have occurred and be continuing.

 

(b)          If any Grantor fails to perform or comply with any of its agreements
contained herein, the Administrative Agent, at its option, but without any
obligation so to do, may perform or comply, or otherwise cause performance or
compliance, with such agreement.

 

(c)          The expenses of the Administrative Agent incurred in connection with
actions undertaken as provided in this Section 7.1, together with
interest thereon at a rate per annum equal to the highest rate per annum at
which interest would then be payable on any category of past due ABR Loans
under the Credit Agreement, from the date of payment by the Administrative
Agent to the date reimbursed by the relevant Grantor, shall be payable by such
Grantor to the Administrative Agent on demand.

 

14

 

(d)          Each Grantor hereby ratifies all that said attorneys shall lawfully do
or cause to be done by virtue hereof in accordance with the terms hereof. All
powers, authorizations and agencies contained in this Agreement are coupled
with an interest and are irrevocable until this Agreement is terminated and the
security interests created hereby are released.

 

7.2          Duty of Administrative Agent. The Administrative Agent’s sole duty with
respect to the custody, safekeeping and physical preservation of the Collateral
in its possession, under Section 9-207 of the New York UCC or otherwise,
shall be to deal with it in the same manner as the Administrative Agent deals
with similar property for its own account. Neither the Administrative Agent,
any other Secured Party nor any of their respective officers, directors,
employees or agents shall be liable for failure to demand, collect or realize
upon any of the Collateral or for any delay in doing so or shall be under any
obligation to sell or otherwise dispose of any Collateral upon the request of any
Grantor or any other Person or to take any other action whatsoever with regard
to the Collateral or any part thereof. The powers conferred on the
Administrative Agent and the other Secured Parties hereunder are solely to
protect the Administrative Agent’s and the other Secured Parties’ interests in
the Collateral and shall not impose any duty upon the Administrative Agent or
any other Secured Party to exercise any such powers. The Administrative Agent
and the other Secured Parties shall be accountable only for amounts that they
actually receive as a result of the exercise of such powers, and neither they
nor any of their officers, directors, employees or agents shall be responsible
to any Grantor for any act or failure to act hereunder, except for their own
gross negligence or willful misconduct.

 

7.3          Execution of Financing Statements. Pursuant to any applicable law, each
Grantor authorizes the Administrative Agent to file or record financing
statements and other filing or recording documents or instruments with respect
to the Collateral without the signature of such Grantor in such form and in
such offices as the Administrative Agent determines appropriate to perfect the
security interests of the Administrative Agent under this Agreement. Each
Grantor ratifies and authorizes the filing by the Administrative Agent of any
financing statement with respect to the Collateral made prior to the date
hereof.

 

7.4          Authority of Administrative Agent. Each Grantor acknowledges that the rights
and responsibilities of the Administrative Agent under this Agreement with
respect to any action taken by the Administrative Agent or the exercise or non-exercise
by the Administrative Agent of any option, voting right, request, judgment or
other right or remedy provided for herein or resulting or arising out of this
Agreement shall, as between the Administrative Agent and the other Secured
Parties, be governed by the Credit Agreement and by such other agreements with
respect thereto as may exist from time to time among them, but, as between the
Administrative Agent and the Grantors, the Administrative Agent shall be
conclusively presumed to be acting as agent for the Secured Parties with full
and valid authority so to act or refrain from acting, and no Grantor shall be
under any obligation, or entitlement, to make any inquiry respecting such
authority.

 

SECTION
8.         MISCELLANEOUS

 

8.1          Amendments in Writing. None of the terms or provisions of this
Agreement may be waived, amended, supplemented or otherwise modified except in
accordance with Section 9.2(b) of the Credit Agreement.

 

8.2          Notices. All notices, requests and demands to or upon the Administrative Agent
or any Guarantor hereunder shall be effected in the manner provided for in
Section 9.1 of the Credit Agreement; provided that any such notice,
request or demand to or upon any Guarantor shall be addressed to such Guarantor
at its notice address set forth on Schedule 1.

 

15

 

8.3          No Waiver by Course of Conduct; Cumulative Remedies. Neither the Administrative Agent nor any
other Secured Party shall by any act (except by a written instrument pursuant
to Section 8.1), delay, indulgence, omission or otherwise be deemed
to have waived any right or remedy hereunder or to have acquiesced in any
Default or Event of Default. No failure to exercise, nor any delay in
exercising, on the part of the Administrative Agent or any other Secured Party,
any right, power or privilege hereunder shall operate as a waiver thereof. No
single or partial exercise of any right, power or privilege hereunder shall
preclude any other or further exercise thereof or the exercise of any other
right, power or privilege. A waiver by the Administrative Agent or any other
Secured Party of any right or remedy hereunder on any one occasion shall not be
construed as a bar to any right or remedy which the Administrative Agent or
such Secured Party would otherwise have on any future occasion. The rights and
remedies herein provided are cumulative, may be exercised singly or concurrently
and are not exclusive of any other rights or remedies provided by law.

 

8.4          Enforcement Expenses; Indemnification. (a)
Each Guarantor agrees to pay or reimburse the Administrative Agent and each
other Secured Party for all its costs and expenses incurred in collecting
against such Guarantor under the guarantee contained in Section 2
or otherwise enforcing or preserving any rights under this Agreement and the
other Loan Documents to which such Guarantor is a party, including, without
limitation, the reasonable fees and disbursements of counsel (including the
allocated fees and expenses of in-house counsel) to the Administrative Agent
and the Secured Parties to the extent any Borrower would be required to do so
pursuant to Section 9.3 of the Credit Agreement.

 

(b)          Each Guarantor agrees to pay, and to save the Administrative Agent and
the other Secured Parties harmless from, any and all liabilities with respect
to, or resulting from any delay in paying, any and all stamp, excise, sales or
other taxes (other than Excluded Taxes) which may be payable or determined to
be payable with respect to any of the Collateral or in connection with any of
the transactions contemplated by this Agreement.

 

(c)          Each Guarantor agrees to pay, and to save the Administrative Agent and
the other Secured Parties harmless from, any and all liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements of any kind or nature whatsoever with respect to the execution,
delivery, enforcement, performance and administration of this Agreement to the
extent any Borrower would be required to do so pursuant to Section 9.3 of
the Credit Agreement.

 

(d)          The agreements in this Section 8.4 shall survive repayment
of the Obligations and all other amounts payable under the Credit Agreement and
the other Loan Documents.

 

8.5          Successors and Assigns. This Agreement shall be binding upon the
successors and assigns of each Guarantor and shall inure to the benefit of the
Administrative Agent and the other Secured Parties and their successors and
permitted assigns; provided that no
Guarantor may assign, transfer or delegate any of its rights or obligations
under this Agreement without the prior written consent of the Administrative
Agent.

 

8.6          Set-Off. If an Event of Default shall have occurred and be continuing, each
Guarantor hereby irrevocably authorizes the Administrative Agent and after
obtaining the prior written consent of the Administrative Agent, each other
Secured Party upon any amount becoming due and payable by any Borrower under
the Credit Agreement (whether at the stated maturity, by acceleration or
otherwise), without notice to such Guarantor or any other Guarantor, any such
notice being expressly waived by each Guarantor, to set-off and appropriate and
apply any and all deposits (general or special, time or demand, provisional or
final), in any currency, and any other credits, indebtedness or claims, in any
currency, in

 

16

 

each
case whether direct or indirect, absolute or contingent, matured or unmatured,
at any time held or owing by the Administrative Agent or such Secured Party to
or for the credit or the account of such Guarantor, or any part thereof in such
amounts as the Administrative Agent or such Secured Party may elect, against
and on account of the obligations and liabilities of such Guarantor to the
Administrative Agent or such Secured Party hereunder, in any currency, whether
arising hereunder, under the Credit Agreement, any other Loan Document or
otherwise, as the Administrative Agent or such Secured Party may elect, whether
or not the Administrative Agent or any other Secured Party has made any demand
for payment and although such obligations, liabilities and claims may be
contingent or unmatured. The Administrative Agent and each other Secured Party
shall notify such Guarantor promptly of any such set-off and the application
made by the Administrative Agent or such Secured Party of the proceeds thereof,
provided that the failure to give such notice shall not affect the
validity of such set-off and application. The rights of the Administrative
Agent and each other Secured Party under this Section 8.6 are in
addition to other rights and remedies (including, without limitation, other rights
of set-off) which the Administrative Agent or such Secured Party may have.

 

8.7          Counterparts. This Agreement may be executed by one or
more of the parties to this Agreement on any number of separate counterparts
(including by telecopy), and all of said counterparts taken together shall be
deemed to constitute one and the same instrument.

 

8.8          Severability. Any provision of this Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

 

8.9          Section Headings. The Section headings used in this
Agreement are for convenience of reference only and are not to affect the
construction hereof or be taken into consideration in the interpretation
hereof.

 

8.10       Integration. This Agreement and the other Loan Documents
represent the agreement of the Guarantors, the Administrative Agent and the
other Secured Parties with respect to the subject matter hereof and thereof,
and there are no promises, undertakings, representations or warranties by the
Administrative Agent or any other Secured Party relative to subject matter
hereof and thereof not expressly set forth or referred to herein or in the
other Loan Documents.

 

8.11       GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK
(INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATION LAW).

 

8.12       Submission To Jurisdiction; Waivers. Each Guarantor hereby irrevocably and
unconditionally:

 

(a)          submits for itself and its property in any legal action or proceeding
relating to this Agreement and the other Loan Documents to which it is a party,
or for recognition and enforcement of any judgment in respect thereof, to the
non-exclusive general jurisdiction of the Courts of the State of New York
sitting in New York County, the United States District Court for the Southern
District of New York, and appellate courts from any thereof;

 

(b)          consents that any such action or proceeding may be brought in such
courts and waives any objection that it may now or hereafter have to the venue
of any such action or

 

17

 

proceeding
in any such court or that such action or proceeding was brought in an
inconvenient court and agrees not to plead or claim the same;

 

(c)          agrees that service of process in any such action or proceeding may be
effected by mailing a copy thereof by registered or certified mail (or any
substantially similar form of mail), postage prepaid, to such Guarantor at its
address referred to in Section 8.2 or at such other address of
which the Administrative Agent shall have been notified pursuant thereto;

 

(d)          agrees that nothing herein shall affect the right to effect service of
process in any other manner permitted by law or shall limit the right to sue in
any other jurisdiction; and

 

(e)          waives, to the maximum extent not prohibited by law, any right it may
have to claim or recover in any legal action or proceeding referred to in this
Section any special, exemplary, punitive or consequential damages.

 

8.13       Acknowledgements. Each Guarantor hereby acknowledges that:

 

(a)          it has been advised by counsel in the negotiation, execution and
delivery of this Agreement and the other Loan Documents to which it is a party;

 

(b)          neither the Administrative Agent nor any other Secured Party has any
fiduciary relationship with or duty to any Guarantor arising out of or in
connection with this Agreement or any of the other Loan Documents, and the
relationship between the Guarantors, on the one hand, and the Administrative
Agent and the other Secured Parties, on the other hand, in connection herewith
or therewith is solely that of debtor and creditor; and

 

(c)          no joint venture is created hereby or by the other Loan Documents or
otherwise exists by virtue of the transactions contemplated hereby among the
Secured Parties or among the Guarantors and the Secured Parties.

 

8.14       Additional Guarantors and Grantors. Each Subsidiary of the Parent Borrower that
is required to become a party to this Agreement pursuant to Section 5.11
of the Credit Agreement shall become a Guarantor and, to the extent required by
Section 5.11 of the Credit Agreement, a Grantor for all purposes of this
Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement
in the form of Annex 2 hereto.

 

8.15       Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY AND
UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING
TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

 

8.16        Judgment
Currency.

 

(a)           The
Guarantors’ obligations hereunder and under the other Loan Documents to make
payments in a specified currency (the “Obligation Currency”) shall not
be discharged or satisfied by any tender or recovery pursuant to any judgment
expressed in or converted into any currency other than the Obligation Currency,
except to the extent that such tender or recovery results in the effective
receipt by the applicable Agent or a Lender of the full amount of the
Obligation Currency expressed to be payable to the applicable Agent or such
Lender under this Agreement or the other Loan Documents. If, for the purpose of
obtaining or enforcing judgment against any Guarantor in any court or in any
jurisdiction, it becomes necessary to convert into or from any currency other
than the Obligation Currency (such other

 

18

 

currency
being hereinafter referred to as the “Judgment Currency”) an amount due
in the Obligation Currency, the conversion shall be made, at the rate of
exchange (as quoted by the Administrative Agent or if the Administrative Agent
does not quote a rate of exchange on such currency, by a known dealer in such
currency designated by the Administrative Agent) determined, in each case, as of
the Business Day immediately preceding the date on which the judgment is given
(such Business Day being hereinafter referred to as the “Judgment Currency
Conversion Date”).

 

(b)           If
there is a change in the rate of exchange prevailing between the Judgment
Currency Conversion Date and the date of actual payment of the amount due, the
Guarantors covenant and agree to pay, or cause to be paid, such additional
amounts, if any (but in any event not a lesser amount), as may be necessary to
ensure that the amount paid in the Judgment Currency, when converted at the
rate of exchange prevailing on the date of payment, will produce the amount of
the Obligation Currency which could have been purchased with the amount of
Judgment Currency stipulated in the judgment or judicial award at the rate of
exchange prevailing on the Judgment Currency Conversion Date.

 

(c)           For
purposes of determining any rate of exchange or currency equivalent for this
Section, such amounts shall include any premium and costs payable in connection
with the purchase of the Obligation Currency.

 

[SIGNATURE PAGES FOLLOW]

 

19

 

IN
WITNESS WHEREOF, the parties hereto have caused
this Guarantee and Collateral Agreement to be duly executed as of the date first
above written.

 

	
  GRANTORS:

  	
   

  	
  SPX
  CORPORATION,

  
	
   

  	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ENGINEERING
  ANALYSIS ASSOCIATES, INC.

  
	
   

  	
   

  	
  a
  Michigan corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAYEX
  CHINA HOLDINGS, INC.

  
	
   

  	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LDS
  TEST AND MEASUREMENT LLC

  
	
   

  	
   

  	
  a
  Delaware limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MARLEY
  ENGINEERED PRODUCTS LLC

  
	
   

  	
   

  	
  a
  Delaware limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MCT
  SERVICES LLC

  
	
   

  	
   

  	
  a
  Delaware limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  P.S.D.,
  INC.,

  
	
   

  	
   

  	
  a
  Ohio corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

 

	
   

  	
   

  	
  SPX
  COOLING TECHNOLOGIES, INC.

  
	
   

  	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TCI
  INTERNATIONAL, INC.

  
	
   

  	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  THE
  MARLEY-WYLAIN COMPANY

  
	
   

  	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  VALLEY
  FORGE TECHNICAL INFORMATION SERVICES, INC.

  
	
   

  	
   

  	
  a
  Michigan corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WAUKESHA
  ELECTRIC SYSTEMS, INC.

  
	
   

  	
   

  	
  a
  Wisconsin corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  XCEL
  ERECTORS, INC.

  
	
   

  	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

 

Annex 1 to

 

Guarantee and Collateral Agreement

 

ACKNOWLEDGEMENT AND CONSENT***

 

1.             The undersigned hereby acknowledges receipt
of a copy of the Guarantee and Collateral Agreement dated as of September 21,
2007 (the “Agreement”), made by the Guarantors and Grantors parties
thereto for the benefit of Bank of America, N.A., as Administrative Agent, on
behalf of the Secured Parties. Capitalized terms are used herein as defined in
the Agreement.

 

2.             The undersigned is an Issuer of Pledged Stock.
The undersigned is not a Guarantor and is not a Grantor.

 

3.             The undersigned agrees for the benefit of the
Administrative Agent and the Secured Parties as follows:

 

(a)           The undersigned consents to the terms of Sections 5.6, 6.1, 6.5,
8.2 and 8.11 of the Agreement, insofar as such terms apply to the Pledged Stock
issued by the undersigned, and will comply with such terms insofar as such
terms are applicable to the Pledged Stock issued by the undersigned.

 

(b)           The undersigned will notify the Administrative Agent promptly (but not
later than the next Collateral Date) in writing of the occurrence of any of the
events described in Section 5.6(a) of the Agreement with respect to the
Pledged Stock issued by the undersigned.

 

(c)           The terms of Sections 6.1(c) and 6.5 of the Agreement shall apply
to it, mutatis  mutandis, with respect to all actions that may be
required of it pursuant to Section 6.1(c) or 6.5 of the Agreement with
respect to the Pledged Stock issued by the undersigned.

 

4.             Any obligations of the undersigned under this
Acknowledgement and Consent are limited to the extent prohibited by applicable
Requirements of Law.

 

	
   

  	
  [NAME
  OF ISSUER]

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
					

 

***          This
consent is necessary only with respect to any Issuer which is not also a
Guarantor or Grantor. This consent may be modified or eliminated with respect
to any Issuer that is not controlled by a Guarantor or Grantor.

 

 

	
   

  	
  Address for Notices:

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Fax:

  

 

 

Annex 2 to

 

Guarantee and Collateral Agreement

 

ASSUMPTION
AGREEMENT, dated as of                                ,
made by                                  ,
a                        [corporation]
(the “Additional Grantor”),

 

in
favor of Bank of America, N.A., as administrative agent (in such capacity, the “Administrative
Agent”) for the banks and other financial institutions (the “Lenders”)
parties to the Credit Agreement referred to below. All capitalized terms not
defined herein shall have the meaning ascribed to them in such Credit
Agreement.

 

W
I  T  N  E  S  S  E  T  H:

 

WHEREAS,
SPX CORPORATION (the “Parent Borrower”), the Foreign Subsidiary
Borrowers from time to time parties thereto (together with the Parent Borrower,
the “Borrowers”), the Lenders, the Administrative Agent and Deutsche
Bank AG Deutschlandgeschäft Branch, as foreign trade facility agent (in such
capacity, the “Foreign Trade Facility Agent”) have entered into a Credit
Agreement, dated as of September 21, 2007 (as amended, supplemented or
otherwise modified from time to time, the “Credit Agreement”);

 

WHEREAS,
in connection with the Credit Agreement, the Borrowers and certain of their
Subsidiaries (other than the Additional Grantor) have entered into the
Guarantee and Collateral Agreement, dated as of September 21, 2007 (as amended,
supplemented or otherwise modified from time to time, the “Guarantee and
Collateral Agreement”) in favor of the Administrative Agent for the benefit
of the Secured Parties (as defined in the Guarantee and Collateral Agreement);

 

WHEREAS,
the Credit Agreement requires the Additional Grantor to become a party to the
Guarantee and Collateral Agreement; and

 

WHEREAS,
the Additional Grantor has agreed to execute and deliver this Assumption
Agreement in order to become a party to the Guarantee and Collateral Agreement;

 

NOW,
THEREFORE, IT IS AGREED:

 

1.             Guarantee and Collateral Agreement.  By executing and delivering this
Assumption Agreement, the Additional Grantor, as provided in Section 8.14
of the Guarantee and Collateral Agreement, hereby becomes a party to the
Guarantee and Collateral Agreement as a Grantor thereunder with the same force
and effect as if originally named therein as a Grantor and, without limiting
the generality of the foregoing, hereby expressly assumes all obligations and
liabilities of a Grantor thereunder. The information set forth in Annex 2-A
hereto is hereby added to the information set forth in the Schedules to
the Guarantee and Collateral Agreement. The Additional Grantor hereby
represents and warrants that each of the representations and warranties
contained in Section 4 of the Guarantee and Collateral Agreement is true
and correct in all material respects on and as the date hereof (after giving
effect to this Assumption Agreement) as if made on and as of such date.

 

 

2.             Governing Law.  THIS
ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401
AND 5-1402 OF THE NEW YORK GENERAL OBLIGATION LAW).

 

IN
WITNESS WHEREOF, the undersigned has caused this Assumption Agreement to be
duly executed and delivered as of the date first above written.

 

	
   

  	
  [ADDITIONAL
  GRANTOR]

  
	
   

  
	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  
	
   

  	
   

  	
  Title:

  
						

 

 

Accepted
and agreed to as of the date first above written.

 

BANK
OF AMERICA, N.A.,

as
Administrative Agent

 

	
  By:

  	
   

  	
   

  
	
  Name:

  
	
  Title:

  

 

 

Annex 2-A to

 

Assumption Agreement

 

Supplement to Schedule 1

 

Supplement to Schedule 2

 

Supplement to Schedule 3

 

Supplement to Schedule 4

 

 

EXHIBIT B

 

[FORM OF]

CLOSING CERTIFICATE

 

I,
the undersigned, do hereby certify that I am the duly elected and qualified
[President/Executive Vice President/Chief Financial Officer] of [Name of Loan
Party], a [corporation] organized and existing under the laws of [the State of]                                 
(the “Company”) and do hereby certify on behalf of the Company that:

 

1.             This Certificate is furnished
pursuant to the Credit Agreement, dated as of September 20, 2007, among SPX
Corporation, a Delaware corporation (the “Parent Borrower”), the Foreign
Subsidiary Borrowers party thereto, the Lenders party thereto, Bank of America,
N.A., as Administrative Agent and Deutsche Bank AG Deutschlandgeschäft Branch,
as Foreign Trade Facility Agent (such Credit Agreement, as in effect on the
date of this Certificate, being herein called the “Credit Agreement”). Unless
otherwise defined herein, capitalized terms used in this Certificate shall have
the meanings set forth in the Credit Agreement.

 

2.             The following named individuals are
elected or appointed officers of the Company, each holds the office of the
Company set forth opposite his name and each such officer is duly authorized to
execute and deliver on behalf of the Company each of the Loan Documents to which
it is a party and any certificate or other document to be delivered by the
Company pursuant to the Loan Documents to which it is a party. The signature
written opposite the name and title of each such officer is his/her genuine
signature.

 

	
  Name(1)

  	
   

  	
  Office

  	
   

  	
  Signature

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  

 

3.             Attached hereto as Exhibit A
is a true, complete and certified copy of the Certificate of [Incorporation]
[Formation] of the Company as in effect on the date hereof and as filed in the
Office of the Secretary of State of [the State of]                        ,
together with all amendments thereto adopted through the date hereof.

 

4.             Attached hereto as Exhibit B
is a true and correct copy of the [By-Laws] [limited liability company
agreement], together with all amendments thereto, of the Company which [were]
[was] duly adopted and [are] [is] in full force and effect on the date hereof.

 

5.             Attached hereto as Exhibit C
is a true and correct copy of resolutions approving the execution, delivery and
performance of the Credit Agreement and the other Loan Documents relating thereto,
which were duly adopted on                     ,
        [by unanimous written
consent of the 

 

(1)                                Include name, office and signature of each
officer who will sign any Loan Document, including the officer who will sign
the certification at the end of this Certificate or related documentation.

 

 

[Board
of Directors] [Managers] of the Company] [by a meeting of the [Board of
Directors] [Managers] of the Company at which a quorum was present and acting
throughout], and said resolutions have not been rescinded, amended or modified.
Except as attached hereto as Exhibit C, no resolutions have been
adopted by the [Board of Directors] [Managers] of the Company which deal with
the execution, delivery or performance of any of the Loan Documents to which
the Company is party.

 

6.             On the date hereof, all of the
conditions set forth in Sections 4.2(a) and (b) of the Credit Agreement
have been satisfied.

 

7.             On the date hereof, the
representations and warranties [of each Loan Party] [of the Company](1) set
forth in the Credit Agreement and in the other Loan Documents are true and
correct with the same effect as though such representations and warranties had
been made on the date hereof.

 

8.             On the date hereof, no Default or
Event of Default has occurred and is continuing or would result from any
Borrowing to occur on the date hereof or the application of the proceeds
thereof, or the issuance of any Letter of Credit or Foreign Credit Instrument
to occur on the date hereof, as applicable.

 

9.             There is no proceeding for the
dissolution or liquidation of the Company or threatening its existence.

 

IN
WITNESS WHEREOF, I have hereunto set my hand this        day
of September, 2007.

 

 

	
   

  	
  [NAME
  OF LOAN PARTY]

  
	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

I,
the undersigned, [Secretary/Assistant Secretary] of the Company, do hereby
certify that:

 

10.           [Name of Person making above
certifications] is the duly elected and qualified [President/Executive Vice
President/Chief Financial Officer] of the Company and the signature above is
his genuine signature.

 

11.           The certifications made by [name of
Person making above certifications] in Items 2, 3, 4, 5, 6, 7, 8 and 9 above
are true and correct.

 

IN
WITNESS WHEREOF, I have hereunto set my hand this        day
of September, 2007.

 

	
   

  	
  [NAME
  OF LOAN PARTY]

  
	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

(1)                                The Parent Borrower brings down the
representations and warranties for each Loan Party, and each other Loan Party
brings down the representations and warranties made by it.

 

 

EXHIBIT C

 

[FORM OF]

ASSIGNMENT AND ASSUMPTION

 

This
Assignment and Assumption (this “Assignment and Assumption”) is dated as
of the Effective Date set forth below and is entered into by and between
[the][each] Assignor identified in item 1 below ([the][each, an] “Assignor”)
and [the][each] Assignee identified in item 2 below ([the][each, an] “Assignee”).
[It is understood and agreed that the rights and obligations of [the
Assignors][the Assignees] hereunder are several and not joint.] Capitalized
terms used but not defined herein shall have the meanings given to them in the
Credit Agreement identified below (the “Credit Agreement”), receipt of a
copy of which is hereby acknowledged by the Assignee. The Standard Terms and
Conditions set forth in Annex 1 attached hereto are hereby agreed to and
incorporated herein by reference and made a part of this Assignment and
Assumption as if set forth herein in full.

 

For
an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns
to [the Assignee][the respective Assignees], and [the][each] Assignee hereby
irrevocably purchases and assumes from [the Assignor][the respective
Assignors], subject to and in accordance with the Standard Terms and Conditions
and the Credit Agreement, as of the Effective Date inserted by the
Administrative Agent as contemplated below (i) all of [the Assignor’s][the
respective Assignors’] rights and obligations in [its capacity as a
Lender][their respective capacities as Lenders] under the Credit Agreement and
any other documents or instruments delivered pursuant thereto to the extent
related to the amount and percentage interest identified below of all of such
outstanding rights and obligations of [the Assignor][the respective Assignors]
under the respective facilities identified below (including, without
limitation, the Letters of Credit and the Swingline Loans included in such
facilities) and (ii) to the extent permitted to be assigned under applicable
law, all claims, suits, causes of action and any other right of [the Assignor
(in its capacity as a Lender)][the respective Assignors (in their respective
capacities as Lenders)] against any Person, whether known or unknown, arising
under or in connection with the Credit Agreement, any other documents or
instruments delivered pursuant thereto or the loan transactions governed
thereby or in any way based on or related to any of the foregoing, including,
but not limited to, contract claims, tort claims, malpractice claims, statutory
claims and all other claims at law or in equity related to the rights and
obligations sold and assigned pursuant to clause (i) above (the rights and
obligations sold and assigned by [the][any] Assignor to [the][any] Assignee
pursuant to clauses (i) and (ii) above being referred to herein collectively as
[the][an] “Assigned Interest”). Each such sale and assignment is without
recourse to [the][any] Assignor and, except as expressly provided in this
Assignment and Assumption, without representation or warranty by [the][any]
Assignor.

 

	
   

  	
  1.

  	
  Assignor[s]:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  2.

  	
  Assignee[s]:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  [for
  each Assignee, indicate [Affiliate][Approved Fund] of [identify
  Lender]]

  
	
   

  	
   

  	
   

  
	
   

  	
  3.

  	
  Parent
  Borrower: 

  	
   

  	
  SPX
  Corporation

  
							

 

 

 

4.                                       Administrative Agent: Bank of America, N.A., as the
administrative agent under the Credit Agreement

 

5.                                       Credit Agreement:       Credit
Agreement, dated as of September 20, 2007 by and among SPX Corporation, a
Delaware corporation (as the “Parent Borrower”), the Foreign Subsidiary
Borrowers from time to time party thereto (the “Foreign Subsidiary Borrowers”
and together with the Parent Borrower, the “Borrowers”) the Lenders from
time to time party thereto, Bank of America, N.A., as Administrative Agent and
Deutsche Bank AG Deutschlandgeschäft Branch, as Foreign Trade Facility Agent

 

6.                                       Assigned Interest:

 

	
  Assignor[s](1)

  	
   

  	
  Assignee[s](2)

  	
   

  	
  Facility

  Assigned(3)

  	
   

  	
  Aggregate

  Amount of 

  Commitment/Loans 

  for all Lenders(4)

  	
   

  	
  Amount of

  Commitmen

  t/Loans

  Assigned

  	
   

  	
  Percentage

  Assigned of

  Commitment/

  Loans(5)

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  _______________

  	
   

  	
  $

  	
  _____________

  	
   

  	
  $

  	
  _____________

  	
   

  	
  _______________

  	
  %

  
	
   

  	
   

  	
   

  	
   

  	
  _______________

  	
   

  	
  $

  	
  _____________

  	
   

  	
  $

  	
  _____________

  	
   

  	
  _______________

  	
  %

  
	
   

  	
   

  	
   

  	
   

  	
  _______________

  	
   

  	
  $

  	
  _____________

  	
   

  	
  $

  	
  _____________

  	
   

  	
  _______________

  	
  %

  

 

[7.            Trade
Date:                             ](6)

 

Effective
Date:                         ,
20    [TO BE INSERTED BY ADMINISTRATIVE AGENT AND
WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER
THEREFOR.]

 

The
terms set forth in this Assignment and Assumption are hereby agreed to:

 

	
   

  	
  ASSIGNOR

  
	
   

  	
  [NAME
  OF ASSIGNOR]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
  ASSIGNEE

  
	
   

  	
  [NAME
  OF ASSIGNEE]

  
					

 

(1)           List each Assignor, as appropriate.

(2)           List each Assignee, as appropriate.

(3)           Fill in the appropriate terminology
for the types of facilities under the Credit Agreement that are being assigned
under this Assignment (e.g. “Revolving Commitment”, “Term Loan Commitment”,
etc.).

(4)           Amounts in this column and in the
column immediately to the right to be adjusted by the counterparties to take into
account any payments or prepayments made between the Trade Date and the
Effective Date.

(5)           Set forth, to at least 9 decimals, as
a percentage of the Commitment/Loans of all Lenders thereunder.

(6)           To be completed if the Assignor and
the Assignee intend that the minimum assignment amount is to be determined as
of the Trade Date.

 

 

	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  
					

 

	
  [Consented
  to and](1) Accepted:

  	
   

  
	
   

  	
   

  
	
  BANK
  OF AMERICA, N.A., as

  	
   

  
	
  Administrative Agent

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  
	
   

  	
   

  
	
  [Consented
  to:](2)

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  

 

(1)           To be added only if the consent of
the Administrative Agent is required by the terms of the Credit Agreement.

(2)           To be added only if the consent of
the Parent Borrower and/or other parties (e.g. Swingline Lender, Issuing
Lender, etc.) is required by the terms of the Credit Agreement.

 

 

ANNEX 1
TO ASSIGNMENT AND ASSUMPTION

 

STANDARD TERMS AND CONDITIONS FOR

 

ASSIGNMENT AND ASSUMPTION

 

1.                                       Representations and Warranties.

 

1.1.                              Assignor. [The][Each] Assignor (a) represents and warrants that (i) it is the
legal and beneficial owner of [the][[the relevant] Assigned Interest, (ii)
[the][such] Assigned Interest is free and clear of any lien, encumbrance or
other adverse claim and (iii) it has full power and authority, and has taken
all action necessary, to execute and deliver this Assignment and Assumption and
to consummate the transactions contemplated hereby; and (b) assumes no
responsibility with respect to (i) any statements, warranties or
representations made in or in connection with the Credit Agreement or any other
Loan Document, (ii) the execution, legality, validity, enforceability,
genuineness, sufficiency or value of the Loan Documents or any collateral
thereunder, (iii) the financial condition of the Parent Borrower, any of its
Subsidiaries or Affiliates or any other Person obligated in respect of any Loan
Document or (iv) the performance or observance by the Parent Borrower, any of
its Subsidiaries or Affiliates or any other Person of any of their respective
obligations under any Loan Document.

 

1.2.                              Assignee. [The][Each] Assignee (a) represents and warrants that (i) it has full
power and authority, and has taken all action necessary, to execute and deliver
this Assignment and Assumption and to consummate the transactions contemplated
hereby and to become a Lender under the Credit Agreement, (ii) it meets all the
requirements to be an assignee under Section 9.4(b)(iv) and (v)
of the Credit Agreement (subject to such consents, if any, as may be required
under Section 9.4(b)(ii) of the Credit Agreement), (iii) from and after
the Effective Date, it shall be bound by the provisions of the Credit Agreement
as a Lender thereunder and, to the extent of [the][the relevant] Assigned
Interest, shall have the obligations of a Lender thereunder, (iv) it is
sophisticated with respect to decisions to acquire assets of the type
represented by [the][such] Assigned Interest and either it, or the Person
exercising discretion in making its decision to acquire [the][such] Assigned
Interest, is experienced in acquiring assets of such type, (v) it has received a
copy of the Credit Agreement, and has received or has been accorded the
opportunity to receive copies of the most recent financial statements delivered
pursuant to Section 5.1 thereof, as applicable, and such other documents and
information as it deems appropriate to make its own credit analysis and
decision to enter into this Assignment and Assumption and to purchase
[the][such] Assigned Interest, (vi) it has, independently and without reliance
upon the Administrative Agent or any other Lender and based on such documents
and information as it has deemed appropriate, made its own credit analysis and
decision to enter into this Assignment and Assumption and to purchase
[the][such] Assigned Interest, and (vii) if it is a Foreign Lender, attached
hereto is any documentation required to be delivered by it pursuant to the
terms of the Credit Agreement, duly completed and executed by [the][such]
Assignee; and (b) agrees that (i) it will, independently and without reliance
upon the Administrative Agent, [the][any] Assignor or any other Lender, and
based on such documents and information as it shall deem appropriate at the
time, continue to make its own credit decisions in taking or not taking action
under the Loan Documents, and (ii) it will perform in accordance with their
terms all of the obligations which by the terms of the Loan Documents are
required to be performed by it as a Lender.

 

2.                                       Payments. From and after the Effective Date, the Administrative Agent shall make
all payments in respect of [the][each] Assigned Interest (including
payments of principal, interest, fees and other amounts) to [the][the relevant]
Assignor for amounts which have accrued to but excluding the Effective Date and
to [the][the relevant] Assignee for amounts which have accrued from and after
the Effective Date.

 

 

3.                                       General Provisions. This Assignment and Assumption shall be
binding upon, and inure to the benefit of, the parties hereto and their
respective successors and assigns. This Assignment and Assumption may be
executed in any number of counterparts, which together shall constitute one
instrument. Delivery of an executed counterpart of a signature page of this
Assignment and Assumption by telecopy shall be effective as delivery of a
manually executed counterpart of this Assignment and Assumption. This
Assignment and Assumption shall be governed by, and construed in accordance
with, the law of the State of New York.

 

 

EXHIBIT D

 

[FORM OF]

CERTIFICATE RE NON-BANK STATUS

 

Reference
is made to that certain Credit Agreement dated as of September 20, 2007 (as the
same may be amended, supplemented or otherwise modified from time to time, the “Credit
Agreement”), by and among SPX Corporation, a Delaware corporation (the “Parent
Borrower”), the Foreign Subsidiary Borrowers party thereto, the financial
institutions listed therein as Lenders, Bank of America, N.A., as
Administrative Agent, Deutsche Bank AG Deutschlandgeschäft Branch, as Foreign
Trade Facility Agent and the other agents party thereto. Capitalized terms used
herein that are not defined herein shall have the meanings ascribed to them in
the Credit Agreement. [Name of Non-U.S. Person] (the “Lender”) is
providing this certificate pursuant to subsection 2.19(e)(B) of the Credit
Agreement. The Lender hereby represents and warrants that:

 

(i)                                   The Lender is the sole record and beneficial
owner of the Note(s) in respect of which it is providing this certificate and
it shall remain the sole beneficial owner of the Notes at all times during
which it is the record holder of such Note.

 

(ii)                                The Lender is not a “bank” for purposes of
Section 881(c)(3)(A) of the Internal Revenue Code of 1986, as amended (the
“Code”). In this regard, the Lender represents and warrants that:

 

(a)                                  the Lender is not subject to regulatory or
other legal requirements as a bank in any jurisdiction; and

 

(b)                                 the Lender has not been treated as a bank for
purposes of any tax, securities law or other filing or submission made to any
governmental authority, any application made to a rating agency or
qualification for any exemption from tax, securities law or other legal
requirements.

 

(iii)                               The Lender meets all of the requirements
under Code Section 871(h) or 881(c) to be eligible for a complete
exemption from withholding of Taxes on interest payments made to it under the Credit
Agreement (i.e., no Borrower will be required to withhold any amounts under U.S.
tax law with respect to such interest payments), including without limitation
that it is not a 10-percent shareholder (within the meaning of
Section 871(h)(3)(B) or the Code) of the Parent Borrower and is not a
controlled foreign corporation related to the Parent Borrower (within the
meaning of Section 864(d)(4) of the Code).

 

(iv)                              The Lender shall promptly notify the Parent
Borrower and the Administrative Agent if any of the representations and
warranties made herein are no longer true and correct.

 

IN
WITNESS WHEREOF, the undersigned has duly executed this certificate as of the    
day of                                       ,
     .

 

	
   

  	
  [NAME
  OF LENDER]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

 

EXHIBIT E

 

[FORM OF]

BORROWING SUBSIDIARY AGREEMENT(1)

 

BORROWING
SUBSIDIARY AGREEMENT, dated as of                                                  
20      (this “Agreement”), among [NAME OF
FOREIGN SUBSIDIARY BORROWER], a                                                      
(the “Subsidiary”), SPX CORPORATION, a Delaware corporation (the “Parent
Borrower”), [DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH, as foreign trade
facility agent (in such capacity, the “Foreign Trade Facility Agent”),]
and BANK OF AMERICA, N.A., as administrative agent (in such capacity, the “Administrative
Agent”) for the several banks and other financial institutions or entities
(the “Lenders”) from time to time parties to the Credit Agreement, dated
as of September 20, 2007 (as amended, restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among the Parent
Borrower, the Foreign Subsidiary Borrowers (as defined in the Credit Agreement)
from time to time parties thereto, the Lenders, the Administrative Agent and
the Foreign Trade Facility Agent.

 

The
parties hereto hereby agree as follows:

 

1.                                     Capitalized terms used herein but not
otherwise defined herein shall have the meanings assigned to such terms in the
Credit Agreement.

 

2.                                     Pursuant to Section 2.23[(a)][(b)] of
the Credit Agreement, the Parent Borrower hereby designates the Subsidiary as a
Foreign Subsidiary Borrower in respect of the [Global Revolving
Facility][Foreign Trade Facility] under the Credit Agreement.

 

3.                                     The Parent Borrower and the Subsidiary,
jointly and severally, represent and warrant that the representations and
warranties contained in the Credit Agreement are true and correct on and as of
the date hereof to the extent such representations and warranties relate to the
Subsidiary and this Agreement.

 

4.                                     The Parent Borrower agrees that the guarantee
of the Parent Borrower contained in the Guarantee and Collateral Agreement will
apply to the obligations of the Subsidiary as a Foreign Subsidiary Borrower.

 

5.                                     For the avoidance of doubt, each party hereto
acknowledges and agrees that (a) the Subsidiary shall not be liable for the
Obligations of any other Loan Party and (b) the Obligations of the Subsidiary
in respect of extensions of credit under the Credit Agreement shall not be
secured by any assets of such Subsidiary.

 

6.                                     Upon execution of this Agreement by the
Parent Borrower, the Subsidiary[, the Foreign Trade Facility Agent], the
Administrative Agent and the Global Revolving Lenders, (a) the Subsidiary shall
be a party to the Credit Agreement and shall be a Foreign Subsidiary Borrower
and a Borrower, in each case under the [Global Revolving Facility] [Foreign
Trade Facility], for all purposes thereof, and (b) the Subsidiary hereby agrees
to be bound by all provisions of the Credit Agreement.

 

(1) The
following agreement may be subject to adjustments that are customary for
similar agreements entered into in the Foreign Subsidiary Borrower’s
jurisdiction of organization or formation, provided that such
adjustments are, in the reasonable opinion of counsel to such Borrower,
required for the validity or enforceability of such agreement and are
reasonably satisfactory to the Administrative Agent

 

 

7.                                     In the event of any inconsistency between the
terms and conditions of the Credit Agreement and the terms and conditions of
this Agreement, any form of [Letter of Credit] [Foreign Credit Instrument]
application or other agreement submitted by a Borrower to, or entered into by a
Borrower with, the applicable [Foreign] Issuing Lender relating to any [Letter
of Credit] [Foreign Credit Instrument], the terms and conditions of the Credit
Agreement shall control.

 

8.                                     This Agreement shall be governed by, and
construed and interpreted in accordance with, the laws of the State of New
York.

 

9.                                     This Agreement may be executed in any number
of counterparts (including by facsimile transmission), each of which shall be
an original, and all of which, when taken together, shall constitute one
agreement.

 

IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed by their authorized officers as of the date first appearing above.

	
   

  	
   

  	
   

  
	
   

  	
   

  	
  [SUBSIDIARY]

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SPX
  CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  [DEUTSCHE BANK AG

  DEUTSCHLANDGESCHÄFT BRANCH],

  
	
   

  	
   

  	
  as
  Foreign Trade Facility Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:]

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  BANKOF
  AMERICA, N.A.,

  
	
   

  	
   

  	
  as
  Administrative Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
  Address
  for notices to Subsidiary:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  

 

 

EXHIBIT F

 

[FORM OF]

BORROWING SUBSIDIARY TERMINATION

 

BANK
OF AMERICA, N.A.,

as Administrative Agent

	
   

  	
   

  
	
   

  	
   

  

 

[DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH,

as
Foreign Trade Facility Agent

	
   

  	
   

  
	
   

  	
  ]

  

 

[Date]

 

Ladies
and Gentlemen:

 

Reference
is hereby made to the Credit Agreement, dated as of September 20, 2007 (as
amended, restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”), among SPX Corporation, a Delaware corporation (the “Parent
Borrower”), the Foreign Subsidiary Borrowers from time to time parties
thereto, the Lenders from time to time parties thereto, Bank of America, N.A.,
as Administrative Agent and Deutsche Bank AG Deutschlandgeschäft Branch, as
Foreign Trade Facility Agent. Unless otherwise defined herein, capitalized
terms used herein shall have the meanings set forth in the Credit Agreement.

 

[The
Parent Borrower hereby terminates the status and rights of                                     
(the “Terminated Subsidiary Borrower”) as a Foreign Subsidiary Borrower
under the Global Revolving Facility. [The Parent Borrower represents and
warrants that no Letters of Credit issued for the account of the Terminated
Subsidiary Borrower are outstanding as of the date hereof (other than Letters
of Credit that have been cash collateralized in a manner consistent with the
terms of Section 2.5(j) of the Credit Agreement), that no Loans made to
the Terminated Subsidiary Borrower are outstanding as of the date hereof and
that all Obligations payable by the Terminated Subsidiary Borrower in respect of
interest and/or fees under the Global Revolving Facility (and, to the extent
notified by the Administrative Agent or any Lender, any other amounts payable
by the Terminated Subsidiary Borrower under the Global Revolving Facility) and
all LC Disbursements pursuant to the Credit Agreement have been paid in full on
or prior to the date hereof.] [The Parent Borrower acknowledges that the
Terminated Subsidiary Borrower shall continue to be a Foreign Subsidiary
Borrower under the Global Revolving Facility until such time as all Letters of
Credit issued for the account of the Terminated Subsidiary Borrower shall have
expired or terminated (or been cash collateralized in a manner consistent with
the terms of Section 2.5(j) of the Credit Agreement), all Loans made to
the Terminated Subsidiary Borrower shall have been prepaid and all amounts
payable by the Terminated Subsidiary Borrower in respect of interest and/or
fees under the Global Revolving Facility (and, to the extent notified by the
Administrative Agent or any Lender, any other amounts payable by the Terminated
Subsidiary Borrower under the Global Revolving Facility) and all LC
Disbursements pursuant to the Credit Agreement shall have been paid in full,
provided that the Terminated Subsidiary Borrower shall not have the right to
make further borrowings as a Foreign Subsidiary Borrower under the Global
Revolving Facility or request further Letters of Credit.]]

 

[The
Parent Borrower hereby terminates the status and rights of                                    
(the “Terminated Subsidiary Borrower”) as a Foreign Subsidiary Borrower
under the Foreign Trade Facility.

 

 

[The
Parent Borrower represents and warrants that no Foreign Credit Instruments
issued for the account of the Terminated Subsidiary Borrower are outstanding as
of the date hereof (other than Foreign Credit Instruments that have been cash
collateralized or otherwise supported in a manner consistent with the terms of
Section 2.6(o)(iv) of the Credit Agreement) and that all Obligations
payable by the Terminated Subsidiary Borrower in respect of Foreign Credit
Disbursements and/or fees under the Foreign Trade Facility (and, to the extent
notified by the Foreign Trade Facility Agent, the Administrative Agent or any
Lender, any other amounts payable by the Terminated Subsidiary Borrower under
the Foreign Trade Facility) pursuant to the Credit Agreement have been paid in
full on or prior to the date hereof.] [The Parent Borrower acknowledges that
the Terminated Subsidiary Borrower shall continue to be a Foreign Subsidiary
Borrower under the Foreign Trade Facility until such time as all Foreign Credit
Instruments issued for the account of the Terminated Subsidiary Borrower shall
have expired or terminated (or been cash collateralized or otherwise supported
in a manner consistent with the terms of Section 2.6(o)(iv) of the Credit
Agreement) and all Obligations payable by the Terminated Subsidiary Borrower in
respect of Foreign Credit Disbursements and/or fees under the Foreign Trade
Facility (and, to the extent notified by Foreign Trade Facility Agent, the
Administrative Agent or any Lender, any other amounts payable by the Terminated
Subsidiary Borrower under the Foreign Trade Facility) pursuant to the Credit
Agreement shall have been paid in full, provided that the Terminated Subsidiary
Borrower shall not have the right to request further Foreign Credit Instruments
or other extensions of credit as a Foreign Subsidiary Borrower under the
Foreign Trade Facility.]]

 

This
Borrowing Subsidiary Termination shall be governed by, and construed and
interpreted in accordance with, the laws of the State of New York. This
Borrowing Subsidiary Termination may be executed in any number of counterparts,
each of which shall be an original, and all of which, when taken together, shall
constitute one agreement. Delivery of an executed signature page of this
Borrowing Subsidiary Termination by facsimile transmission shall be effective
as delivery of a manually executed counterpart hereof.

 

	
   

  	
  Very
  truly yours,

  
	
   

  
	
   

  	
  SPX
  CORPORATION

  
	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  
	
   

  
	
  Acknowledged
  and Agreed:

  
	
   

  
	
  [TERMINATED
  SUBSIDIARY BORROWER]

  
	
   

  
	
  By:

  	
   

  	
   

  
	
   

  	
  Title:

  
						

 

 

EXHIBIT G

 

[FORM OF]

INCREMENTAL FACILITY ACTIVATION NOTICE

 

To:                              BANK OF AMERICA, N.A.,

as
Administrative Agent under the Credit Agreement referred to below

 

Reference
is hereby made to the Credit Agreement, dated as of September 20, 2007 (as
amended, restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”), among SPX Corporation, a Delaware corporation (the “Parent
Borrower”), the Foreign Subsidiary Borrowers from time to time parties
thereto, the Lenders from time to time parties thereto, Bank of America, N.A.,
as Administrative Agent (in such capacity, the “Administrative Agent”)
and Deutsche Bank AG Deutschlandgeschäft Branch, as Foreign Trade Facility
Agent. Terms defined in the Credit Agreement shall have their defined meanings
when used herein.

 

This
notice is an Incremental Facility Activation Notice referred to in the Credit
Agreement, and the Parent Borrower and each of the Lenders party hereto hereby
notify you that:

 

1.                                       Each Lender party hereto agrees to [increase
the amount of its [Domestic Revolving][Global Revolving][Foreign Credit]
Commitment by $                          ,
such that its aggregate [Domestic Revolving][Global Revolving][Foreign Credit]
Commitment is $                           ]
[make an Incremental Term Loan in the amount set forth opposite such Lender’s
name below under the caption “Incremental Term Loan Amount.”]

 

2.                                       The closing date for [such increase] [the
Incremental Term Loan Facility] is                                    ,
20      .

 

3.                                       [The Incremental Term Loan Maturity Date is                 ,
20     .]

 

4.                                       [The proposed original issue discount, if
any, for the Incremental Term Loan Facility is      %.]

 

[Each
of the Lenders party hereto and the Parent Borrower hereby agrees that (a) the
amortization schedule relating to this Incremental Term Loan is set forth in Annex A
attached hereto and (b) the Applicable Rate for this Incremental Term Loan
shall be               .]

 

The
undersigned [Chief Financial Officer][Vice President – Finance] of the Parent
Borrower certifies as follows:

 

1.                                         I am the duly elected, qualified and acting
[Chief Financial Officer][Vice President — Finance] of the Parent Borrower.

 

2.                                         I have reviewed and am familiar with the
contents of this Incremental Facility Activation Notice.

 

3.                                         I have reviewed the terms of the Credit
Agreement and the Loan Documents and have made or caused to be made under my
supervision, a review in reasonable detail of the transactions and condition of
the Parent Borrower during the accounting period ended                                   ,
20      [insert most recent period
for which financial statements 

 

 

have been delivered]. Such review did not disclose the existence during or at the end of
the accounting period covered by the Parent Borrower’s most recent financial
statements delivered pursuant to Section 5.1(a) or (b) of the Credit
Agreement, and I have no knowledge of the existence, as of the date of this
Incremental Facility Activation Notice, of any Default or Event of Default,
both on the date hereof and after giving pro forma effect to any Loans made
pursuant to this Incremental Facility Activation Notice and the application of
the proceeds therefrom.

 

4.                                         Attached hereto as Attachment 1 are
the computations showing that after giving pro forma effect to the making of
any such [increase][Incremental Term Loans], the Parent Borrower shall be in
compliance with the financial covenants contained in Section 6.1 of the
Credit Agreement as of the last day of the most recent period of four
consecutive fiscal quarters of the Parent Borrower for which financial
statements have been delivered pursuant to Section 5.1 (calculated as if
such [increase in Commitments and any Loans thereunder had been made]
[Incremental Term Loans had been incurred] on the first day of such period).

 

IN
WITNESS WHEREOF, the undersigned have executed this Incremental Facility
Activation Notice this                      
day of                         ,
20      .

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:
  [Chief Financial Officer] [Vice President-Finance]

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SPX
  CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
  [Amount
  of Commitment Increase]

  	
   

  	
  [NAME
  OF LENDER]

  
	
  [Incremental
  Term Loan Amount]

  	
   

  	
   

  
	
  $

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
  CONSENTED
  TO:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  BANK
  OF AMERICA, N.A.,

  	
   

  	
   

  
	
  as
  Administrative Agent

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  [DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH,

  
	
  as
  Foreign Trade Facility Agent

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  
												

 

 

[Annex A to

Increased Facility Activation Notice

 

AMORTIZATION SCHEDULE]

 

 

Attachment 1 to 

Increased Facility Activation Notice

 

[Set forth Compliance Calculations]

 

 

EXHIBIT H

 

[FORM OF]

NEW LENDER SUPPLEMENT

 

NEW
LENDER SUPPLEMENT (this “New Lender Supplement”), dated                      ,
200  , to the Credit Agreement, dated as of September 20, 2007
(as amended, restated, supplemented or otherwise modified from time to time,
the “Credit Agreement”), among SPX Corporation, a Delaware corporation (the “Parent
Borrower”), the Foreign Subsidiary Borrowers from time to time parties
thereto, the Lenders from time to time parties thereto, Bank of America, N.A.,
as administrative agent (in such capacity, the “Administrative Agent”)
and Deutsche Bank AG Deutschlandgeschäft Branch, as foreign trade facility
agent (in such capacity, the “Foreign Trade Facility Agent”).

 

WITNESSETH:

 

WHEREAS,
the Credit Agreement provides in Section 2.1(b) thereof that any bank,
financial institution or other entity may become a party to the Credit
Agreement with the consent of the Parent Borrower and the Administrative Agent
[and the Foreign Trade Facility Agent](1) (which consent shall not be
unreasonably withheld) by executing and delivering to the Parent Borrower and
the Administrative Agent a supplement to the Credit Agreement in substantially
the form of this New Lender Supplement; and

 

WHEREAS,
the undersigned now desires to become a party to the Credit Agreement;

 

NOW,
THEREFORE, the undersigned hereby agrees as follows:

 

1.            The
undersigned agrees to be bound by the provisions of the Credit Agreement, and
agrees that it shall, on the date this New Lender Supplement is accepted by the
Parent Borrower and the Administrative Agent, become a Lender for all purposes
of the Credit Agreement to the same extent as if originally a party thereto,
with [a                                  
Commitment of $                              ]
[Incremental Term Loans of $                  ]

 

2.            The
undersigned (a) represents and warrants that it is legally authorized to enter
into this New Lender Supplement; (b) confirms that it has received a copy of
the Credit Agreement, together with copies of the financial statements referred
to in Section 3.4 thereof and such other documents and information as it
has deemed appropriate to make its own credit analysis and decision to enter
into this New Lender Supplement; (c) agrees that it has made and will,
independently and without reliance upon the Administrative Agent or any other
Lender and based on such documents and information as it shall deem appropriate
at the time, continue to make its own credit decisions in taking or not taking
action under the Credit Agreement or any instrument or document furnished
pursuant hereto or thereto; (d) appoints and authorizes the Administrative
Agent to take such action as agent on its behalf and to exercise such powers
and discretion under the Credit Agreement or any instrument or document
furnished pursuant hereto or thereto as are delegated to the Administrative Agent
by the terms thereof, together with such powers as are incidental thereto; and
(e) agrees that it will be bound by the provisions of the Credit Agreement and
will perform in accordance with its terms all the obligations which by the
terms of the Credit Agreement are required to be performed by it as a Lender
including, without

 

(1) The consent
of the Foreign Trade Facility Agent is required to add any new Lender under the
Foreign Trade Facility.

 

 

limitation, if it is organized under the laws of a jurisdiction outside
the United States, its obligation pursuant to Section 2.19(e) of the
Credit Agreement.

 

3.            The address of the undersigned for
notices for the purposes of the Credit Agreement is as follows:

 

4.            Terms defined in the Credit
Agreement shall have their defined meanings when used herein.

 

IN
WITNESS WHEREOF, the undersigned has caused this New Lender Supplement to be
executed and delivered by a duly authorized officer on the date first above
written.

 

	
   

  	
  [INSERT
  NAME OF LENDER]

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
  Accepted
  this             
  day of

  	
   

  
	
                                    , 20    .

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  SPX
  CORPORATION

  	
   

  
	
   

  	
   

  
	
  By

  	
   

  	
   

  	
   

  
	
  Name:

  	
   

  
	
  Title:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Accepted
  this               
  day of

  	
   

  
	
                                       20    .

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  BANK
  OF AMERICA, N.A.,

  	
   

  
	
  as
  Administrative Agent

  	
   

  
	
   

  	
   

  
	
  By

  	
   

  	
   

  	
   

  
	
  Name:

  	
   

  
	
  Title:

  	
   

  
	
   

  	
   

  
	
  [DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH,

  	
   

  
	
  as
  Foreign Trade Facility Agent

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By

  	
   

  	
   

  	
   

  
	
  Name:

  	
   

  
	
  Title:

  	
   

  
								

 

 

EXHIBIT I

 

[FORM OF]

UTILIZATION REQUEST

 

From:      [Name of
Borrower]

 

To:          Deutsche Bank AG
Deutschlandgeschäft Branch

Trade
Advisory

Königsallee
45-47

40212
Düsseldorf, Germany

Attn:
Roland Stephan or Irmgard Kleinsteinberg

 

[Date]

 

Ladies
and Gentlemen:

 

We
refer to the Credit Agreement, dated as of September 20, 2007 (as amended,
supplemented or otherwise modified to the date hereof, the “Credit Agreement”),
among SPX Corporation, the Foreign Subsidiary Borrowers party thereto, the
Lenders party thereto, Bank of America, N.A., as Administrative Agent and
Deutsche Bank AG Deutschlandgeschäft Branch, as Foreign Trade Facility Agent. Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein
shall have the meanings given to them in the Credit Agreement.

 

We
hereby give you notice that, pursuant to the Credit Agreement and upon the
terms and subject to the conditions contained therein, we request the
[issuance][amendment] of a Foreign Credit Instrument as specified below [and in
substantially the form attached]:

 

	
   

  	
  (i)

  	
  Our
  reference:

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (ii)

  	
  Type
  of Foreign Credit Instrument:(1)

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (iii)

  	
  Beneficiary:*

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (iv)

  	
  Obligor:

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (v)

  	
  Face
  Amount: *

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (vi)

  	
  Currency:
  *

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (vii)

  	
  Expiry
  date: *

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (viii)

  	
  Commercial
  Lifetime:*/**

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (ix)

  	
  Reference
  to underlying transaction:

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (x)

  	
  Foreign
  Credit Instrument deed to be delivered to:

  	
   

  	
  [

  	
   

  	
  ]

  

 

(1) Not in case of an amendment.

**In case of any Foreign
Credit Instrument that comprises more than one type of Foreign Credit
Instrument the commercial lifetime for the different types to be included.

 

 

	
   

  	
  (xi)

  	
  Foreign
  Issuing Lender:

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  [In
  the case of an amendment:]

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (xii)

  	
  Foreign
  Issuing Lender:

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (xiii)

  	
  Reference
  No. of Foreign Issuing Lender:

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (xiv)

  	
  Reference
  No. of Foreign Trade Facility Agent:

  	
   

  	
  [

  	
   

  	
  ]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (xv)

  	
  Amendment
  details:

  	
   

  	
  [

  	
   

  	
  ]

  

 

We
confirm that, on and as of the date hereof, before and after giving effect to
the issuance, amendment, renewal or extension, as applicable, of the Foreign
Credit Instrument requested hereby, (a) the representations and warranties of
each Loan Party set forth in the Loan Documents are true and correct in all
material respects and (b) no Default or Event of Default has occurred and is
continuing.

 

	
   

  	
  [SPX
  CORPORATION][NAME OF FOREIGN 

  SUBSIDIARY BORROWER]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

 

EXHIBIT J

 

[FORM OF]

DOMESTIC REVOLVING NOTE

 

	
   

  	
   

  

 

FOR
VALUE RECEIVED, the undersigned (the “Parent Borrower”), hereby promise
to pay to                                         
or registered assigns (the “Lender”), in accordance with the provisions
of the Credit Agreement (as hereinafter defined), the principal amount of each
Domestic Revolving Loan from time to time made by the Lender to the Parent
Borrower under that certain Credit Agreement dated as of September 20, 2007 (as
amended, modified, supplemented or extended from time to time, the “Credit
Agreement”) among Parent Borrower, the Foreign Subsidiary Borrowers party
thereto, the Lenders from time to time party thereto, Bank of America, N.A., as
Administrative Agent and Deutsche Bank AG Deutschlandgeschäft Branch, as
Foreign Trade Facility Agent. Capitalized terms used but not otherwise defined
herein have the meanings provided in the Credit Agreement.

 

The
Parent Borrower promises to pay interest on the unpaid principal amount of each
Domestic Revolving Loan from the date of such Domestic Revolving Loan until
such principal amount is paid in full, at such interest rates and at such times
as provided in the Credit Agreement. All payments of principal and interest
shall be made to the Administrative Agent for the account of the Lender in
Dollars in immediately available funds at the Administrative Agent’s Office. If
any amount is not paid in full when due hereunder, such unpaid amount shall
bear interest, to be paid upon demand, from the due date thereof until the date
of actual payment (and before as well as after judgment) computed at the per
annum rate set forth in the Credit Agreement.

 

This
Domestic Revolving Note is one of the Domestic Revolving Notes referred to in
the Credit Agreement, is entitled to the benefits thereof and may be prepaid in
whole or in part subject to the terms and conditions provided therein. Upon the
occurrence and continuation of one or more of the Events of Default specified
in the Credit Agreement, all amounts then remaining unpaid on this Domestic
Revolving Note shall become, or may be declared to be, immediately due and
payable all as provided in the Credit Agreement. Domestic Revolving Loans made
by the Lender shall be evidenced by one or more loan accounts or records
maintained by the Lender in the ordinary course of business. The Lender may
also attach schedules to this Domestic Revolving Note and endorse thereon the
date, amount and maturity of its Domestic Revolving Loans and payments with
respect thereto.

 

The
Parent Borrower, for itself, its successors and assigns, hereby waives
diligence, presentment, protest and demand and notice of protest, demand,
dishonor and nonpayment of this Domestic Revolving Note.

 

 

THIS
DOMESTIC REVOLVING NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK.

 

	
   

  	
  SPX
  CORPORATION,

  
	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

 

EXHIBIT K

 

[FORM OF]

GLOBAL REVOLVING NOTE

 

	
   

  	
   

  

 

FOR
VALUE RECEIVED, the undersigned (the “Borrowers”), hereby promise to pay
to                                        
or registered assigns (the “Lender”), in accordance with the provisions
of the Credit Agreement (as hereinafter defined), the principal amount of each
Global Revolving Loan from time to time made by the Lender to the Borrowers
under that certain Credit Agreement dated as of September 20, 2007 (as amended,
modified, supplemented or extended from time to time, the “Credit Agreement”)
among SPX Corporation, a Delaware corporation (the “Parent Borrower”),
the Foreign Subsidiary Borrowers party thereto (together with the Parent
Borrower, the “Borrowers”), the Lenders from time to time party thereto,
Bank of America, N.A., as Administrative Agent and Deutsche Bank AG
Deutschlandgeschäft Branch, as Foreign Trade Facility Agent. Capitalized terms
used but not otherwise defined herein have the meanings provided in the Credit
Agreement.

 

Each
Borrower promises to pay interest on the unpaid principal amount of each Global
Revolving Loan from the date of such Global Revolving Loan until such principal
amount is paid in full, at such interest rates and at such times as provided in
the Credit Agreement. All payments of principal and interest shall be made to
the Administrative Agent for the account of the Lender in Dollars in
immediately available funds at the Administrative Agent’s Office. If any amount
is not paid in full when due hereunder, such unpaid amount shall bear interest,
to be paid upon demand, from the due date thereof until the date of actual
payment (and before as well as after judgment) computed at the per annum rate
set forth in the Credit Agreement.

 

This
Global Revolving Note is one of the Global Revolving Notes referred to in the
Credit Agreement, is entitled to the benefits thereof and may be prepaid in
whole or in part subject to the terms and conditions provided therein. Upon the
occurrence and continuation of one or more of the Events of Default specified
in the Credit Agreement, all amounts then remaining unpaid on this Global
Revolving Note shall become, or may be declared to be, immediately due and
payable all as provided in the Credit Agreement. Global Revolving Loans made by
the Lender shall be evidenced by one or more loan accounts or records
maintained by the Lender in the ordinary course of business. The Lender may
also attach schedules to this Global Revolving Note and endorse thereon the
date, amount and maturity of its Global Revolving Loans and payments with
respect thereto.

 

Each
Borrower, for itself, its successors and assigns, hereby waives diligence,
presentment, protest and demand and notice of protest, demand, dishonor and
nonpayment of this Global Revolving Note.

 

 

THIS
GLOBAL REVOLVING NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK.

 

	
   

  	
  SPX
  CORPORATION,

  
	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  [Foreign Subsidiary
  Borrower(s)]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

 

EXHIBIT L

 

[FORM OF]

SWINGLINE NOTE

 

	
   

  	
   

  

 

FOR
VALUE RECEIVED, the undersigned (the “Parent Borrower”), hereby promises
to pay to                         
or registered assigns (the “Swingline Lender”), in accordance with the
provisions of the Credit Agreement (as hereinafter defined), the principal
amount of each Swingline Loan from time to time made by the Swingline Lender to
the Parent Borrower under that certain Credit Agreement dated as of September
20, 2007 (as amended, modified, supplemented or extended from time to time, the
“Credit Agreement”) among the Parent Borrower, the Foreign Subsidiary
Borrowers party thereto, the Lenders from time to time party thereto, Bank of
America, N.A., as Administrative Agent and Deutsche Bank AG Deutschlandgeschäft
Branch, as Foreign Trade Facility Agent. Capitalized terms used but not
otherwise defined herein have the meanings provided in the Credit Agreement.

 

The
Parent Borrower promises to pay interest on the unpaid principal amount of each
Swingline Loan from the date of such Swingline Loan until such principal amount
is paid in full, at such interest rates and at such times as provided in the
Credit Agreement. All payments of principal and interest shall be made to the
Administrative Agent for the account of the Swingline Lender in Dollars in
immediately available funds at the Administrative Agent’s Office. If any amount
is not paid in full when due hereunder, such unpaid amount shall bear interest,
to be paid upon demand, from the due date thereof until the date of actual
payment (and before as well as after judgment) computed at the per annum rate
set forth in the Credit Agreement.

 

This
Swingline Note is the Swingline Note referred to in the Credit Agreement, is
entitled to the benefits thereof and may be prepaid in whole or in part subject
to the terms and conditions provided therein. Upon the occurrence and
continuation of one or more of the Events of Default specified in the Credit
Agreement, all amounts then remaining unpaid on this Swingline Note shall
become, or may be declared to be, immediately due and payable all as provided
in the Credit Agreement. Swingline Loans made by the Swingline Lender shall be
evidenced by one or more loan accounts or records maintained by the Lender in
the ordinary course of business. The Swingline Lender may also attach schedules
to this Swingline Note and endorse thereon the date, amount and maturity of its
Swingline Loans and payments with respect thereto.

 

The
Parent Borrower, for itself, its successors and assigns, hereby waives
diligence, presentment, protest and demand and notice of protest, demand,
dishonor and nonpayment of this Swingline Note.

 

 

THIS
SWINGLINE NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS
OF THE STATE OF NEW YORK.

 

	
   

  	
  SPX
  CORPORATION,

  
	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

 

EXHIBIT M

 

[FORM OF]

TERM NOTE

 

	
   

  	
   

  

 

FOR
VALUE RECEIVED, the undersigned (the “Parent Borrower”), hereby promise
to pay to                              
or registered assigns (the “Lender”), in accordance with the provisions
of the Credit Agreement (as hereinafter defined), the principal amount of the
Term Loan made by the Lender to the Parent Borrower under that certain Credit
Agreement dated as of September 20, 2007 (as amended, modified, supplemented or
extended from time to time, the “Credit Agreement”) among the Parent
Borrower, the Foreign Subsidiary Borrowers party thereto, the Lenders from time
to time party thereto, Bank of America, N.A., as Administrative Agent and
Deutsche Bank AG Deutschlandgeschäft Branch, as Foreign Trade Facility Agent. Capitalized
terms used but not otherwise defined herein have the meanings provided in the
Credit Agreement.

 

The
Parent Borrower promises to pay interest on the unpaid principal amount of the
Term Loan from the date of the Term Loan until such principal amount is paid in
full, at such interest rates and at such times as provided in the Credit
Agreement. All payments of principal and interest shall be made to the
Administrative Agent for the account of the Lender in Dollars in immediately
available funds at the Administrative Agent’s Office. If any amount is not paid
in full when due hereunder, such unpaid amount shall bear interest, to be paid
upon demand, from the due date thereof until the date of actual payment (and
before as well as after judgment) computed at the per annum rate set forth in
the Credit Agreement.

 

This
Term Note is one of the Term Notes referred to in the Credit Agreement, is
entitled to the benefits thereof and may be prepaid in whole or in part subject
to the terms and conditions provided therein. Upon the occurrence and
continuation of one or more of the Events of Default specified in the Credit
Agreement, all amounts then remaining unpaid on this Term Note shall become, or
may be declared to be, immediately due and payable all as provided in the
Credit Agreement. The Term Loan made by the Lender shall be evidenced by one or
more loan accounts or records maintained by the Lender in the ordinary course
of business. The Lender may also attach schedules to this Term Note and endorse
thereon the date, amount and maturity of the Term Loan and payments with
respect thereto.

 

The
Parent Borrower, for itself, its successors and assigns, hereby waives
diligence, presentment, protest and demand and notice of protest, demand,
dishonor and nonpayment of this Term Note.

 

 

THIS
TERM NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK.

 

	
   

  	
  SPX
  CORPORATION,

  
	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

 

EXHIBIT N

 

[FORM OF]

COMPLIANCE CERTIFICATE

 

Financial
Statement Date:                       ,
20    

 

To:          Bank of America, N.A., as Administrative Agent

 

Re:                               Credit Agreement dated as of September 20, 2007 (as amended, modified,
supplemented or extended from time to time, the “Credit Agreement”)
among SPX Corporation, a Delaware corporation (the “Parent Borrower”),
the Foreign Subsidiary Borrowers party thereto (together with the Parent
Borrower, the “Borrowers”), the Lenders from time to time party thereto,
Bank of America, N.A., as Administrative Agent and Deutsche Bank AG
Deutschlandgeschäft Branch, as Foreign Trade Facility Agent. Capitalized terms
used but not otherwise defined herein have the meanings provided in the Credit
Agreement.

 

Ladies
and Gentlemen:

 

The
undersigned Financial Officer hereby certifies as of the date hereof that
[he/she] is the                            
of the Parent Borrower, and that, in [his/her] capacity as such, [he/she] is
authorized to execute and deliver this Compliance Certificate to the
Administrative Agent on the behalf of the Parent Borrower, and that:

 

[Use
following paragraph 1 for fiscal year-end financial statements:]

 

[1.            Attached hereto as Schedule 1 are
the year-end audited financial statements required by Section 5.1(a) of
the Credit Agreement for the fiscal year of the Parent Borrower ended as of the
above date, together with the report and opinion of an independent certified
public accountant required by such section.]

 

[Use
following paragraph 1 for fiscal quarter-end financial statements:]

 

[1.            Attached hereto as Schedule 1 are
the unaudited financial statements required by Section 5.1(b) of
the Credit Agreement for the fiscal quarter of the Parent Borrower ended as of
the above date. Such financial statements fairly present in all material
respects the financial condition, results of operations and cash flows of the
Parent Borrower and its Subsidiaries in accordance with GAAP as at such date
and for such period, subject only to normal year-end audit adjustments and the
absence of footnotes.]

 

2.             The undersigned has reviewed and is familiar
with the terms of the Credit Agreement and has made, or has caused to be made,
a detailed review of the transactions and condition (financial or otherwise) of
the Parent Borrower during the accounting period covered by the attached
financial statements.

 

3.             A review of the activities of the Parent
Borrower during such fiscal period has been made under the supervision of the
undersigned with a view to determining whether during such fiscal period the
Parent Borrower performed and observed all its Obligations under the Loan
Documents, and

 

[select
one:]

 

 

[to
the best knowledge of the undersigned during such fiscal period, the Parent
Borrower performed and observed each covenant and condition of the Loan
Documents applicable to it, and no Default has occurred and is continuing.]

 

[or:]

 

[the
following covenants or conditions have not been performed or observed and the
following is a list of each such Default and its nature and status:]

 

4.             The representations and warranties of the
Loan Parties contained in the Credit Agreement or any other Loan Document, are
true and correct in all material respects on and as of the date hereof, except
to the extent that such representations and warranties specifically refer to an
earlier date, in which case they are true and correct in all material respects
as of such earlier date, and except that for purposes of this Compliance
Certificate, the representations and warranties contained in subsections
(a) and (b) of Section 3.4 of the Credit Agreement shall
be deemed to refer to the most recent statements furnished pursuant to
clauses (a) and (b), respectively, of Section 5.1 of the
Credit Agreement, including the statements in connection with which this
Compliance Certificate is delivered.

 

5.             The financial covenant analyses and
calculation of Consolidated Leverage Ratio and Consolidated Interest Coverage
Ratio set forth on Schedule 2 attached hereto are true and accurate
on and as of the date of this Compliance Certificate.

 

IN
WITNESS WHEREOF, the undersigned has executed this Compliance Certificate as of
                 ,
20     .

 

	
   

  	
  SPX
  CORPORATION,

  
	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  

 

 

EXHIBIT O

 

[FORM OF]

FOREIGN ISSUING LENDER JOINDER AGREEMENT

 

THIS FOREIGN ISSUING LENDER JOINDER
AGREEMENT (this “Agreement”) dated as of                 
      , 20    
is among SPX CORPORATION, a Delaware
corporation (the “Parent Borrower”), the Foreign Subsidiary
Borrowers identified on the signature pages hereto (the “Foreign Subsidiary
Borrowers”), the Subsidiary Guarantors identified on the signature pages
hereto (the “Subsidiary Guarantors”), [                             ]
(the “New Foreign Issuing Lender”), BANK OF AMERICA, N.A., as
Administrative Agent (in such capacity, the “Administrative Agent”) for
the banks and other financial institutions (the “Lenders”) party to the
Credit Agreement (as hereafter defined) and DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT BRANCH, as the Foreign Trade
Facility Agent (in such capacity, the “Foreign Trade Facility Agent”).

 

WITNESSETH

 

WHEREAS the Parent Borrower, the Foreign Subsidiary
Borrowers, the Lenders, the Foreign Trade Facility Agent and the Administrative
Agent are parties to that certain Credit
Agreement, dated as of September 20, 2007 (as amended, supplemented or
otherwise modified from time to time, the “Credit Agreement”);

 

WHEREAS,
pursuant to Section 2.6(t) of the Credit Agreement, the Parent Borrower
has the right to designate
additional Foreign Issuing Lenders to provide additional Foreign Credit
Instrument Issuing Commitments hereunder (an “Additional Foreign Credit
Instrument Issuing Commitment”) and/or designate existing Foreign Issuing
Lenders to provide an increase to its existing Foreign Credit Instrument
Issuing Commitment (an “Increased Foreign Credit Instrument Issuing Commitment”); and

 

WHEREAS,
the New Foreign Issuing Lender has agreed to provide a [$                  ]
Foreign Credit Instrument Issuing Commitment under the Credit Agreement which
is an [Additional Foreign Credit Instrument Issuing Commitment]  [Increased Foreign Credit Instrument Issuing
Commitment] on the terms set forth herein.

 

NOW,
THEREFORE, IN CONSIDERATION of the premises and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties
hereto agree as follows:

 

1.             Defined Terms.
Capitalized terms used herein but not defined herein shall have the meanings
assigned to such terms in the Credit Agreement.

 

2.             Commitment. The
New Foreign Issuing Lender hereby agrees that from and after the date hereof
the New Foreign Issuing Lender shall have a Foreign Credit Instrument Issuing
Commitment of [$                    ]
under the Credit Agreement. [The Parent Borrower, the Foreign Subsidiary
Borrowers and the New Foreign Issuing Lender hereby acknowledge, agree and
confirm that the New Foreign Issuing Lender shall from and after the date
hereof be deemed to be a party to the Credit Agreement and a “Foreign Issuing
Lender” for all purposes of the Credit Agreement and the other Loan Documents,
and shall have all of the rights and obligations of a Foreign Issuing Lender
under the Credit Agreement and the other Loan Documents as if the New Foreign
Issuing Lender had executed the Credit Agreement] [If such New Foreign Issuing
Lender is already a party to the Credit Agreement, the Parent Borrower, the
Foreign Subsidiary Borrowers and the New Foreign Issuing Lender hereby
acknowledge, agree and

 

 

confirm that the New
Foreign Issuing Lender shall continue to have all of the rights and obligations
of a Foreign Issuing Lender under the Credit Agreement and the other Loan
Documents].

 

3.             Conditions
Precedent. This Agreement shall be effective as of the date hereof upon
satisfaction of each of the following conditions precedent:

 

(a)           receipt by the Administrative Agent of this
Agreement executed by the Parent Borrower, the Foreign Subsidiary Borrowers,
the Subsidiary Guarantors, the New Foreign Issuing Lender, the Foreign Trade Facility
Agent and the Administrative Agent; and

 

(b)           receipt by the Administrative Agent of a certificate dated as of the
date of the [Additional Foreign Credit Instrument Issuing
Commitment]  [Increased Foreign Credit
Instrument Issuing Commitment] from a Responsible
Officer of the Parent Borrower, certifying that, before and after giving effect
to the [Additional Foreign Credit Instrument Issuing Commitment]  [Increased Foreign Credit Instrument Issuing
Commitment], (A) the representations
and warranties contained in Article III of the Credit Agreement and in
the other Loan Documents are true and correct in all material respects on and
as of the date of the [Additional Foreign Credit Instrument Issuing
Commitment]  [Increased Foreign Credit
Instrument Issuing Commitment], except
to the extent that such representations and warranties specifically refer to an
earlier date, in which case they are true and correct in all material respects
as of such earlier date and (B) no Default or Event of Default shall have occurred
and be continuing.

 

4.             Notices. The
applicable address, facsimile number and electronic mail address of the New
Foreign Issuing Lender for purposes of Section 9.1 of the Credit
Agreement are as set forth in the administrative questionnaire delivered by the
New Foreign Issuing Lender to the Administrative Agent, the Foreign Trade
Facility Agent and the Parent Borrower on or before the date hereof or to such
other address, facsimile number and electronic mail address as shall be
designated by the New Foreign Issuing Lender in a notice to the Administrative
Agent, the Foreign Trade Facility Agent and the Parent Borrower.

 

5.             Reaffirmation of
Guarantee. Each Subsidiary Guarantor (a)
acknowledges and consents to all of the terms and conditions of this Agreement
and (b) agrees that this Agreement and
all documents executed in connection herewith do not operate to reduce or
discharge such Subsidiary Guarantor’s obligations under the Loan Documents.

 

6.             Schedule 1.1A.
The parties hereto agree that Schedule 1.1A to the Credit Agreement is hereby
deemed to be amended to reflect the [Additional Foreign Credit Instrument
Issuing Commitment]  [Increased Foreign
Credit Instrument Issuing Commitment] of the New Foreign Issuing Lender.

 

7.             Acknowledgment by
Agents. Each of the Administrative Agent and the Foreign Trade Facility
Agent hereby acknowledge and agree that the New Foreign Issuing Lender is
reasonably acceptable to the Administrative Agent and the Foreign Trade
Facility Agent.

 

8.             Governing Law.
This Agreement shall be deemed to be a
contract made under, and for all purposes shall be construed in accordance with
the laws of the State of New York (including Sections 5-1401 and 5-1402 of the
New York General Obligations Law).

 

9.             Counterparts. This
Agreement may be executed in multiple counterparts, each of which shall
constitute an original but all of which when taken together shall constitute
one contract.

 

[Signature Pages Follow]

 

 

IN
WITNESS WHEREOF, the Parent Borrower, the Foreign Subsidiary Borrowers, the
Subsidiary Guarantors, the New Foreign Issuing Lender, the Foreign Trade
Facility Agent and the Administrative Agent have caused this Agreement to be
executed by their officers thereunto duly authorized as of the date hereof.

 

	
   

  	
  SPX
  CORPORATION,

  
	
   

  	
  a
  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  [FOREIGN
  SUBSIDIARY BORROWER(S)]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  [SUBSIDIARY
  GUARANTOR(S)]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  [NEW
  FOREIGN ISSUING LENDER]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  BANK
  OF AMERICA, N.A.,

  
	
   

  	
  as
  Administrative Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  DEUTSCHE BANK AG DEUTSCHLANDGESCHÄFT

  BRANCH, as Foreign Trade Facility Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:exhibit-10w1_063010.htm

 

 

EXHIBIT 10.1

 

 

SECOND AMENDMENT TO SOHAIB ABBASI EMPLOYMENT AGREEMENT

 

This amendment (the “Amendment”), is made by and between Sohaib Abbasi (the “Executive”) and Informatica Corporation (the “Company” and together with the Executive hereinafter collectively referred to as the “Parties”).

 

WHEREAS, the Parties entered into an Employment Agreement effective July 19, 2004, as amended December 31, 2008 (collectively, the “Agreement”).

 

WHEREAS, the Parties wish to amend the Agreement, in accordance with sections 16 and 17 of the Agreement, to reflect, among other things, certain changes to Executive’s target bonus, separation benefits and the elimination of the Section 280G tax gross-up provision.

 

NOW, THEREFORE, for good and valuable consideration, the Parties agree as follows:

 

	
1.

	
Section 3(b) shall be deleted in its entirety and replaced with:

 

“(b)           Annual Bonus.  Executive’s annual target bonus will be 100% of Base Salary (“Target Bonus”).  Executive’s annual bonus will be determined based upon achievement of performance goals established by the Committee.  Executive will have the opportunity to discuss the nature of such performance goals with the Committee prior to such performance goals being established.  The actual bonus paid may be an amount up to 200% of Base Salary for overachievement of Executive’s performance goals, or some other amount as determined by the Committee, and similarly may be reduced to $0 for underachievement.  Bonuses, if any, will accrue and become payable in accordance with the Committee’s standard practices for paying executive incentive compensation; provided, however, Executive’s actual bonus will be paid no later than two and one-half (2 1/2) months following the end of the performance year.”

 

 

	
2.

	
Section 6(a) shall be deleted in its entirety and replaced with:

 

“(a)           Termination Without Cause or Resignation for Good Reason.  If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason, then, subject to Section 7 and 8, Executive will receive: (i) continued payment of Base Salary for the period of twelve (12) months following the date of the termination (the “Continuance Period”) (such that the amount paid in each month shall be the same but if the separation agreement and release of claims are not complete within the first sixty (60) days that the initial payment shall include any other payments that would have been made prior to the completion of the separation agreement and release of claims), (ii) a lump-sum payment equal to one hundred percent (100%) of Executive’s then current Target Bonus, paid at the time fiscal year bonuses are paid to other executives, but in no event later than two and one-half (2-1/2) months following the end of the performance year in which the Executive’s

 

 

  

  

  

 

employment is terminated, (iii) reimbursement for any applicable premiums Executive pays to continue coverage for Executive and Executive’s eligible dependents under the Company’s Benefit Plans for the Continuance Period, or, if earlier, until Executive is eligible for similar benefits from another employer (provided Executive validly elects to continue coverage under applicable law), and (iv) immediate vesting of all unvested equity awards that would have vested had Executive otherwise remained an employee for the 12 month period commencing on his termination date.  Notwithstanding any contrary provision of the preceding sentence, if a termination described in the preceding sentence occurs within the period beginning three months prior to a Change of Control and ending 12 months following a Change of Control, then in applying the preceding sentence: (A) in clause (i), eighteen (18) months will be substituted for twelve (12) months, (B) in clause (ii), one hundred fifty percent (150%) will be substituted for one hundred percent (100%), and (C) in clause (iv), immediate vesting will be provided with respect to all unvested equity awards.  Executive’s vested equity awards will remain exercisable in accordance with the terms of the applicable Company equity compensation plan and the corresponding award agreements and thereafter will expire to the extent not exercised.  If Executive’s employment is terminated prior to a Change of Control and Executive is entitled to receive severance under this Section 6(a), Executive’s unvested equity awards will remain outstanding for three months (subject to the maximum term stated in the applicable award agreement).”

 

 

3.           Section 6(a)(i) shall be deleted in its entirety and replaced with:

 

“(i)           Limitation on Payments.  In the event that the severance and other benefits provided for in this Agreement or otherwise payable to Executive (collectively, "Benefits") (i) constitute “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this Section 6(a)(i), would be subject to the excise tax imposed by Section 4999 of the Code, then Executive’s Benefits will be either:

 

(A)           delivered in full, or

 

(B)           delivered as to such lesser extent which would result in no portion of such severance benefits being subject to the excise tax under Section 4999 of the Code,

whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Section 4999 of the Code, results in the receipt by Executive on an after-tax basis, of the greatest amount of Benefits, notwithstanding that all or some portion of such Benefits may be taxable under Section 4999 of the Code.  If a reduction in the Benefits constituting “parachute payments” is necessary so that no portion of such Benefits is subject to the excise tax under Section 4999 of the Code, the reduction shall occur in the following order: (1) reduction of cash payments for which the full amount is treated as a parachute payment; (2) cancellation of accelerated vesting (or, if necessary, payment) of cash awards for which the full amount in not treated as a parachute payment; (3) cancellation of accelerated vesting of equity awards; and (4) reduction of continued employee benefits.  In selecting the equity awards (if any) for which vesting will be reduced under clause (3) of the preceding sentence, awards shall be selected in a manner that maximizes the after-tax aggregate amount of Benefits provided to Executive, provided

 

 

  

- 2 -

  

that if (and only if) necessary in order to avoid the imposition of an additional tax under Section 409A of the Code, awards instead shall be selected in the reverse order of the date of grant.  For the avoidance of doubt, for purposes of measuring an equity compensation award's value to Executive when performing the foregoing comparison between (A) and (B), such award's value shall equal the then aggregate fair market value of the vested shares underlying the award less any aggregate exercise price less applicable taxes.  Also, if two or more equity awards are granted on the same date, each award will be reduced on a pro-rata basis.  In no event shall the Executive have any discretion with respect to the ordering of payment reductions.

 

 

Unless the Company and Executive otherwise agree in writing, the accounting firm engaged by the Company for general audit purposes as of the day prior to the effective date of the Change of Control shall perform the foregoing calculations.  If the accounting firm so engaged by the Company is also serving as accountant or auditor for the individual, entity or group which will control the Company upon the occurrence of a Change of Control, the Company shall appoint a nationally recognized accounting firm other than the accounting firm engaged by the Company for general audit purposes to make the determinations required hereunder.  The Company shall bear all expenses with respect to the determinations by such accounting firm required to be made hereunder.

 

The accounting firm engaged to make the determinations hereunder shall provide its calculations, together with detailed supporting documentation, to the Company and Executive within thirty calendar days after the date on which such accounting firm has been engaged to make such determinations or such other time as requested by the Company or Executive.  If the accounting firm determines that no Excise Tax is payable with respect to a Payment, it shall furnish the Company and Executive with an opinion reasonably acceptable to Executive that no Excise Tax will be imposed with respect to such Payment.  Any good faith determinations of the accounting firm made hereunder shall be final, binding, and conclusive upon the Company and Executive.  Notwithstanding the preceding, as expressly permitted by Q/A #32 of the Code section 280G final regulations, with respect to performing any present value calculations that are required in connection with this Section 6(a)(i), the Parties affirmatively elect to utilize the Applicable Federal Rates that are in effect as of the Effective Date of the Second Amendment to this Agreement (the "April 2010 AFRs") and the accounting firm shall therefore use such April 2010 AFRs in its determinations and calculations.”

 

 

4.         Full Force and Effect. To the extent not expressly amended hereby, the Agreement shall remain in full force and effect.

 

 

5.         Entire Agreement. This Amendment and the Agreement constitute the full and entire understanding and agreement between the Parties with regard to the subjects hereof and thereof.  This Amendment may be amended at    any time only by mutual written agreement of the Parties and may not be amended adversely to Executive's interest except by mutual written agreement of the Parties.

 

 

  

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6.           Counterparts. This Amendment may be executed in counterparts, all of which together shall constitute one instrument, and each of which may be executed by less than all of the Parties to this Amendment.

 

 

7.           Governing Law. This Amendment will be governed by the laws of the State of California (with the exception of its conflict of laws provisions).

 

 

8.           This Amendment will become effective on the date that it is signed by both Parties as shown below (the “Effective Date”).

 

 

(Signature page follows)

 

 

  

- 4 -

  

 

 

IN WITNESS WHEREOF, each of the Parties has executed this Amendment, in the case of the Company by its duly authorized officer, as of this 28th day of April of the year 2010.

 

 

	 	INFORMATICA CORPORATION	 
	 	 	 
	 	/s/ Earl E. Fry	 
	 	By: 	Earl E. Fry 	 
	 	Title 	CFO	 
	 	 	 	 

 

      

ACCEPTED AND AGREED TO this

28 day of April 2010.

 

 

	 	 
	/s/ Sohaib Abbasi	 
	Sohaib Abbasi	 
	 	 
	 	 

 

 

 

(Signature page to Second Amendment to Sohaib Abbasi Employment Agreement)

 

  

- 5 -

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