Document:

First Amendment to the Tax Credit Warehousing Agreement

 Exhibit 10.3.4 
 Execution Copy 
 AMENDMENT NO. 4

 TO 
 FIFTH AMENDED AND RESTATED REVOLVING LOAN AND LETTER OF CREDIT AGREEMENT

 This Amendment No. 4 (this “Amendment”) is entered into as of July 11, 2006, among: the two entities included
among the Borrower as listed on Exhibit A attached hereto (individually, and collectively, jointly and severally, the “Borrower”); the several entities included among the Guarantors as listed on Exhibit A attached hereto
(each, individually, a “Guarantor,” and collectively, jointly and severally, the “Guarantors”); the several entities included among the Banks as listed on Exhibit A attached hereto (each, individually, a “Bank”
and collectively, but not jointly, the “Banks”); and Bank of America, N.A. (“Bank of America”), as agent for the Banks (in such capacity, the “Agent”). 
 RECITALS 
 Reference is made to the following facts that constitute the background of
this amendment: 
  

	 	A.	The parties hereto have entered into that certain Fifth Amended and Restated Revolving Loan and Letter of Credit Agreement dated as of November 4, 2005 (as amended and/or
restated from time to time, the “Loan Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the same meanings herein as ascribed to them in the Loan Agreement; 

  

	 	B.	The Borrower has requested that the Banks increase the advance sublimit applicable to Direct Investments in Property Partnerships approved by the Agent despite incorporation of
Agency approval rights (the “Agency Sublimit”) from 15% of the Maximum Amount to 25% of the Maximum Amount; 

  

	 	C.	The Borrower has requested that the Banks amend the definition of the term “Agency”; and 

  

	 	D.	The Banks and the Agent are willing to amend the Loan Agreement solely upon the terms and conditions set forth in this Amendment. 

 NOW, THEREFORE, in consideration of the foregoing recitals and of the representations, warranties, covenants and conditions set forth herein and in the
Loan Agreement, and for other valuable consideration the receipt and adequacy of which is hereby acknowledged, the parties agree as follows: 
 Section 1. Amendments. 
 1.1. In accordance with the terms of Section 8.1 of the Loan Agreement,
Section 2.11.8 of the Loan Agreement is hereby amended by replacing the term “15%” with “25%”. Exhibit 3.2 to the Loan Agreement is hereby replaced in its entirety with Exhibit 3.2 as attached hereto as Exhibit B (the
only change to which is the revision of the Agency Sublimit in Section II thereof). 

 1.2. In accordance with the terms of Section 8.1 of the Loan Agreement, the first sentence in
Section 5.15.5 of the Loan Agreement is hereby amended in its entirety by replacing the following sentence in its stead: 
 “In
certain cases where (i) the federal Department of Housing and Urban Development, (ii) the United States Department of Agriculture, (iii) a state housing finance agency or (iv) any other federal, state or local agency whose
oversight and control over the terms of beneficial ownership of such Property Partnership are acceptable to the Agent within its reasonable discretion (an “Agency) has provided financing arrangements or credit support to a Property Partnership,
the Agency requires provisions to be added to the Property Partnership’s Organizational Documents giving the Agency approval rights over the admission of any substitute limited partner or member.” 
 Section 2. Representations and Warranties. The Borrower and Guarantors, jointly and severally, represent and warrant to the Banks as
of the effective date of this Amendment that: (a) no Default or Event of Default is in existence or will result from the execution and delivery of this Amendment or the consummation of any transactions contemplated hereby; (b) each of the
representations and warranties of the Borrower and the Guarantors in the Loan Agreement and the other Credit Documents is true and correct in all material respects on the effective date of this Amendment (except for representations and warranties
limited as to time or with respect to a specific event, which representations and warranties shall continue to be limited to such time or event) and (c) this Amendment and the Loan Agreement (as amended by this Amendment) are legal, valid and
binding agreements of the Borrower and the Guarantors and are enforceable against them in accordance with their terms. 
 Section 3. Ratification. Except as hereby amended or waived, the Loan Agreement, all other Credit Documents and each provision thereof are hereby ratified and confirmed in every respect and shall continue in full force
and effect, and this Amendment shall not be, and shall not be deemed to be, a waiver of any Default or Event of Default or of any covenant, term or provision of the Loan Agreement or the other Credit Documents. In furtherance of the foregoing
ratification, by executing this Amendment in the spaces provided below, each of the Guarantors, on a joint and several basis, hereby absolutely and unconditionally (a) reaffirms its obligations under the Guaranty, and (b) absolutely and
unconditionally consents to (i) the execution and delivery by the Borrower of this Amendment, (ii) the continued implementation and consummation of arrangements and transactions contemplated by the Loan Agreement (including, without
limitation, as amended or waived hereby) and the other Credit Documents, and (iii) the performance and observance by the Borrower and each Guarantor of all of its respective agreements, covenants, duties and obligations under the Loan Agreement
(including, without limitation, as amended or waived hereby) and the other Credit Documents. 
 Section 4. Conditions
Precedent. The agreements set forth in this Amendment are conditional and this Amendment shall not be effective until receipt by the Agent of a fully-executed counterpart original of this Amendment for the Borrower, each Guarantor and the
Majority Banks. 
  

 - 2 - 

 Section 5. Counterparts. This Amendment may be executed and delivered in any number of
counterparts with the same effect as if the signatures on each counterpart were upon the same instrument. 
 Section 6.
Amendment as Credit Document. Each party hereto agrees and acknowledges that this Amendment constitutes a “Credit Document” under and as defined in the Loan Agreement. 
 SECTION 7. GOVERNING LAW. THIS AMENDMENT SHALL BE DEEMED TO CONSTITUTE A CONTRACT MADE UNDER THE LAWS OF THE STATE OF NEW YORK,
INCLUDING ARTICLE 5 OF THE UCC, AND SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW, BUT OTHERWISE WITHOUT REGARD TO ITS CONFLICTS
OF LAW RULES). 
 Section 8. Successors and Assigns. This Amendment shall be binding upon each of the Borrower, the
Guarantors, the Banks, the Agent and their respective successors and assigns, and shall inure to the benefit of each of the Borrower, the Guarantors, the Banks and the Agent. 
 Section 9. Headings. Section headings in this Amendment are included herein for convenience of reference only and shall not constitute
a part of this Amendment for any other purpose. 
 Section 10. Expenses. Each Borrower jointly and severally agrees to
promptly reimburse the Agent and the Banks for all expenses, including, without limitation, reasonable fees and expenses of outside legal counsel, it has heretofore or hereafter incurred or incurs in connection with the preparation, negotiation and
execution of this Amendment and all other instruments, documents and agreements executed and delivered in connection with this Amendment. 
 Section 11. Integration. This Amendment contains the entire understanding of the parties hereto with regard to the subject matter contained herein. This Amendment supersedes all prior or contemporaneous negotiations,
promises, covenants, agreements and representations of every nature whatsoever with respect to the matters referred to in this Amendment, all of which have become merged and finally integrated into this Amendment. Each of the parties hereto
understands that in the event of any subsequent litigation, controversy or dispute concerning any of the terms, conditions or provisions of this Amendment, no party shall be entitled to offer or introduce into evidence any oral promises or oral
agreements between the parties relating to the subject matter of this Amendment not included or referred to herein and not reflected by a writing included or referred to herein. 
 Section 12. No Course of Dealing. The Agent and the Banks have entered into this Amendment on the express understanding with each
Borrower and Guarantor that in entering into this Amendment the Agent and the Banks are not establishing any course of dealing with the Borrower or the Guarantors. The Agent’s and the Banks’ rights to require strict performance with all of
the terms and conditions of the Loan Agreement and the other Credit Documents shall not in any way be impaired by the execution of this Amendment. None of the Agent and the 
  

 - 3 - 

 Banks shall be obligated in any manner to execute any further amendments or waivers and if such waivers or amendments are
requested in the future, assuming the terms and conditions thereof are satisfactory to them, the Agent and the Banks may require the payment of fees in connection therewith. Each of the Borrower and the Guarantors agrees that none of the
ratifications and reaffirmations set forth herein, nor the Agent’s nor any Bank’s solicitation of such ratifications and reaffirmations, constitutes a course of dealing giving rise to any obligation or condition requiring a similar or any
other ratification or reaffirmation from the Borrower or the Guarantors with respect to any subsequent modification, consent or waiver with respect to the Loan Agreement or any other Credit Document. 
 [Remainder of page intentionally left blank; signature pages follow] 
  

 - 4 - 

 IN WITNESS WHEREOF, the parties have caused this Amendment No. 4 to be duly executed by their duly
authorized officers or representatives, all as of the date first above written. 
  

							
	BORROWER:	 	MMA FINANCIAL WAREHOUSING, LLC
			
		 	By:	 	MMA Equity Corporation, its sole member
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Senior Vice President and Treasurer

		 		 		 	(Printed Name and Title)
		
		 	MMA FINANCIAL BOND WAREHOUSING, LLC
			
		 	By:	 	MMA Equity Corporation, its managing member
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Senior Vice President and Treasurer

		 		 		 	(Printed Name and Title)
		
	GUARANTORS:	 	MUNICIPAL MORTGAGE & EQUITY, LLC
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Senior Vice President and Treasurer

		 		 		 	(Printed Name and Title)
		
		 	MMA FINANCIAL HOLDINGS, INC.
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Senior Vice President and Treasurer

		 		 		 	(Printed Name and Title)

 (Signatures continued on next page) 

							
	 GUARANTORS
 (CONT.):
	 	MMA EQUITY CORPORATION
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Anthony Mifsud, SVP and Treasurer

		 		 		 	(Printed Name and Title)
		
		 	MMA FINANCIAL TC CORP.
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Anthony Mifsud, SVP and Treasurer

		 		 		 	(Printed Name and Title)
		
		 	MMA FINANCIAL BFGLP, LLC
			
		 	By:	 	MMA Financial TC Corp., its sole member
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Anthony Mifsud, SVP and Treasurer

		 		 		 	(Printed Name and Title)
		
		 	MMA FINANCIAL BFRP, INC.
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Anthony Mifsud, SVP and Treasurer

		 		 		 	(Printed Name and Title)
		
		 	MMA SPECIAL LIMITED PARTNER, INC.
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Anthony Mifsud, SVP and Treasurer

		 		 		 	(Printed Name and Title)

 (Signatures continued on next page) 

							
		
	 GUARANTORS
 (CONT.):
	 	MMA FINANCIAL BFG INVESTMENTS, LLC
			
		 	By:	 	MMA Financial TC Corp., its managing member
				
		 		 	By:	 	 /s/ Anthony Mifsud

		 		 		 	(Signature)
				
		 		 		 	 Anthony Mifsud, SVP and Treasurer

		 		 		 	(Printed Name and Title)
		
	BANKS:	 	BANK OF AMERICA, N.A., as one of the Banks
				
		 		 	By:	 	 /s/ John F. Simon

		 		 		 	(Signature)
				
		 		 		 	 John F. Simon, SVP

		 		 		 	(Printed Name and Title)
		
		 	CITICORP USA, INC., as one of the Banks
			
		 	By:	 	 /s/ Maria McKeon

		 		 	(Signature)
			
		 		 	 Maria McKeon, Vice PresidentAmendment No. 1 to the Credit Agreement.

 EXHIBIT 10.1 
 $650,000,000 
 AMENDMENT No. 1 
 dated as of July 28, 2006 
 to the CREDIT AGREEMENT 
 dated as of March 4, 2005 
 among 
 UNIVERSAL HEALTH SERVICES, INC. 
 THE ELIGIBLE SUBSIDIARIES REFERRED TO THEREIN 
 THE LENDERS REFERRED TO THEREIN 
 JPMORGAN CHASE BANK, N.A., 
 as
Administrative Agent 
 BANK OF AMERICA, N.A., 
 as Syndication Agent 
 and 
 ABN AMRO BANK N.V., 
 SUNTRUST BANK 
 and 
 WACHOVIA BANK, NATIONAL
ASSOCIATION, 
 as Co-Documentation Agents 

 AMENDMENT NO. 1 TO CREDIT AGREEMENT 
 AMENDMENT dated as of July 28, 2006 to the Credit Agreement dated as of March 4, 2005 (the “Credit Agreement”) among UNIVERSAL
HEALTH SERVICES, INC., the ELIGIBLE SUBSIDIARIES referred to therein, the LENDERS referred to therein, JPMORGAN CHASE BANK, N.A., as Administrative Agent, BANK OF AMERICA, N.A., as Syndication Agent and ABN AMRO BANK N.V., SUNTRUST BANK AND WACHOVIA
BANK, NATIONAL ASSOCIATION, as Co-Documentation Agents. 
 W I T N E S S E T H : 
 WHEREAS, the parties hereto desire to amend the Credit Agreement as set forth herein; 
 WHEREAS, no Loans are outstanding; 
 NOW,
THEREFORE, the parties hereto agree as follows: 
 Section 1. Defined Terms; References. Unless otherwise specifically defined herein,
each term used herein that is defined in the Credit Agreement has the meaning assigned to such term in the Credit Agreement. Each reference to “hereof”, “hereunder”, “herein” and “hereby” and each other
similar reference and each reference to “this Agreement” and each other similar reference contained in the Credit Agreement shall, after this Amendment becomes effective, refer to the Credit Agreement as amended hereby. 
 Section 2. Amendments. 
 (a) The
definition of “Company’s 2003 Form 10-K” in Section 1.01 of the Credit Agreement is replaced with the following: 
 “Company’s 2005 Form 10-K” means the Company’s annual report on Form 10-K for 2005, as filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. 
 (b) The definition of “Company’s 2004 Form 10-Q Reports” in Section 1.01 of the Credit Agreement is deleted. 
 (c) The definition of “Company’s Latest Form 10-Q” in Section 1.01 of the Credit Agreement is amended to read as follows: 

“Company’s Latest Form 10-Q” means the Company’s quarterly report on Form 10-Q for the quarter ended
March 31, 2006, as filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. 

 (d) The definition of “Termination Date” in Section 1.01 of the Credit Agreement is
amended by changing the reference to the date “March 4, 2010” to “July 28, 2011”. 
 (e) Section 2.01(b) of the
Credit Agreement is amended by changing the amount specified in (ii) of the first sentence thereof from $25,000,000 to $30,000,000. 
 (f) Section 2.16(a) of the Credit Agreement is amended by changing the amount specified therein from $75,000,000 to $100,000,000. 
 (g) Section 3.02(b) of the Credit Agreement is amended by changing (x) the amount specified in (ii) from $25,000,000 to $30,000,000 and (y) the amount specified in (iii) from $75,000,000 to $100,000,000. 

(h) Section 4.04(a) of the Credit Agreement is amended by changing the reference to the date “December 31, 2003” to “December 31,
2005” and the reference to “Company’s 2003 Form 10-K” to “Company’s 2005 Form 10-K.” 
 (i)
Section 4.04(b) of the Credit Agreement is deleted and replaced with the following: 
 (b) The unaudited consolidated
balance sheet of the Company and its Consolidated Subsidiaries as of March 31, 2006 and the related unaudited consolidated statements of income, common stockholders’ equity and cash flows for the three months then ended, set forth in the
Company’s Latest Form 10-Q, a copy of which has been delivered to each of the Lenders, fairly present, in conformity with generally accepted accounting principles applied on a basis consistent with the financial statements referred to in
subsection 4.04(a), the consolidated financial position of the Company and its Consolidated Subsidiaries as of such date and their consolidated results of operations and cash flows for such three-month period (subject to normal year-end
adjustments). 
 (j) Section 4.04(c) of the Credit Agreement is amended by changing the reference to “Company’s 2004 Form 10-Q
Reports” to “Company’s Latest Form 10-Q” and the reference to the date “December 31, 2003” to “December 31, 2005”. 
 (k) Section 4.05 of the Credit Agreement is amended by changing the reference to “Company’s 2003 Form 10-K” to “Company’s 2005 Form 10-K” and the reference to “Company’s
2004 Form 10-Q Reports” to “Company’s latest Form 10-Q” 
  

 2 

 (l) Section 5.08 of the Credit Agreement is amended to read as follows: 
 Fixed Charge Coverage. The Fixed Charge Coverage Ratio will not, at the last day of any fiscal quarter, be less than 3.50 to 1.00.

 (m) Section 7.06 of the Credit Agreement is amended to read as follows: 
 Indemnification. Each Lender shall, ratably in accordance with its Commitment, indemnify the Administrative Agent, its affiliates
when acting on behalf of the Administrative Agent, and their respective directors, officers, agents and employees (to the extent not reimbursed by the Borrowers) against any cost, expense (including counsel fees and disbursements), claim, demand,
action, loss, penalty or liability (except such as result from such indemnitiees’ gross negligence or willful misconduct) that such indemnitees may suffer or incur in connection with the Loan Documents or any action taken or omitted by such
indeminitees thereunder. 
 (n) Section 11.03(b) of the Credit Agreement is amended to read as follows: 
 (b) The Company agrees to indemnify each Agent and Lender, their respective affiliates and the respective directors, officers, agents and
employees of the foregoing (each an “Indemnitees”) and hold each Indemnitee harmless from and against any and all liabilities , losses, damages, penalties, costs and expenses of any kind, including, without limitation, the
reasonable fees and disbursements of counsel, which may be incurred by such Indemnitee in connection with any investigative, administrative or judicial proceeding (whether or not such Indemnitee shall be designated a party thereto) brought or
threatened relating to or arising out of their Agreement or any actual or proposed use of proceeds of Loans hereunder; provided that no Indemnitee shall have the right to be indemnified hereunder for such Indemnitee’s own gross
negligence or willful misconduct as determined by a court of competent jurisdiction. 
 Section 3. Changes in Commitments. 

 (a) With effect from and including the Amendment Effective Date (as defined in Section 9(a)), (i) the Commitment of each Lender
shall be the amount set forth opposite the name of such Lender in the Commitment Schedule attached hereto and (ii) the Commitment Schedule attached hereto shall replace the 
  

 3 

 Commitment Schedule attached to the Credit Agreement. On the Amendment Effective Date, any Lender party to the Credit
Agreement which is not listed in the Commitment Schedule attached hereto (each, an “Exiting Lender”) shall cease to be a Lender party to the Credit Agreement, and all accrued fees and other amounts payable under the Credit Agreement
for the account of each Exiting Lender shall be due and payable on such date; provided that the provisions of Sections 8.03 and 11.03 of the Credit Agreement shall continue to inure to the benefit of each Exiting Lender after the Amendment
Effective Date. 
 (b) The respective participations of the Lenders in any Letters of Credit outstanding under the Credit Agreement shall be
redetermined on the basis of their respective Commitments after giving effect hereto as if issued on the Amendment Effective Date. 
 Section
4. Changes in Pricing Schedule. The Pricing Schedule attached to the Credit Agreement (the “Existing Pricing Schedule”) is deleted and replaced by the Pricing Schedule attached to this Amendment (the “New Pricing
Schedule”). The New Pricing Schedule shall apply to interest and fees accruing under the Credit Agreement on and after the date hereof. The Existing Pricing Schedule shall continue to apply to interest and fees accruing under the Credit
Agreement prior to the date hereof. 
 Section 5. Representations of Company. The Company represents and warrants that (i) the
representations and warranties of the Company set forth in Article 4 of the Credit Agreement will be true on and as of the Amendment Effective Date in all material respects, except to the extent any such representation or warranty is stated to
relate solely to an earlier date, in which case such representation or warranty shall be true and correct in all material respects on and as of such earlier date and (ii) no Event of Default will have occurred and be continuing on such date.

 Section 6. Effect of Amendments. Except as expressly set forth herein, the amendments contained herein shall not constitute a
waiver or amendment of any term or condition of the Credit Agreement, and all such terms and conditions shall remain in full force and effect and are hereby ratified and confirmed in all respects. 
 Section 7. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of New York. 
 Section 8. Counterparts. This Amendment may be signed in any number of counterparts, each of which shall be an original, with the same effect as
if the signatures thereto and hereto were upon the same instrument. 
  

 4 

 Section 9. Effectiveness. (a) This Amendment shall become effective as of the date hereof
(the “Amendment Effective Date”), subject to satisfaction of the following conditions: 
 (i) the
Administrative Agent shall have received from each of the parties listed in the signature pages hereof a counterpart hereof signed by such party or facsimile or other written confirmation (in form satisfactory to the Administrative Agent) that such
party has signed a counterpart hereof; 
 (ii) the Administrative Agent shall have received payment of any accrued fees in
connection with the Credit Agreement and of upfront fees for the accounts of the Lenders as heretofore mutually agreed; and 
 (iii) the Administrative Agent shall have received an opinion or opinions of counsel for the Company dated as of the Amendment Effective Date, in form and substance satisfactory to the Administrative Agent, addressing the matters set forth
in Exhibits E-1 and E-2 to the Credit Agreement with reference to this Amendment and the Credit Agreement as amended hereby. 
  

 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the date
first above written. 
  

			
	UNIVERSAL HEALTH SERVICES, INC.
		
	By:	 	 /s/ Cheryl K. Ramagano

	Name:	 	Cheryl K. Ramagano
	Title:	 	Treasurer

			
	 JPMORGAN CHASE BANK, N.A., as Administrative Agent and as Lender

		
	By:	 	 /s/ Dawn Lee Lum

	Name:	 	Dawn Lee Lum
	Title:	 	Vice President

			
	BANK OF AMERICA, N.A.
		
	By:	 	 /s/ Richard C. Hardison

	Name:	 	Richard C. Hardison
	Title:	 	Vice President

			
	ABN AMRO BANK N.V.
		
	By:	 	 /s/ Thomas O’Bryant

	Name:	 	Thomas O’Bryant
	Title:	 	Senior Vice President
	
	ABN AMRO BANK N.V.
		
	By:	 	 /s/ Kathleen Ross

	Name:	 	Kathleen Ross
	Title:	 	Senior Vice President

			
	SUNTRUST BANK
		
	By:	 	 /s/ Gregory M. Ratliff

	Name:	 	Gregory M. Ratliff
	Title:	 	Vice President

			
	 WACHOVIA BANK, NATIONAL ASSOCIATION

		
	By:	 	 /s/ Jeanette A. Griffin

	Name:	 	Jeanette A. Griffin
	Title:	 	Director

			
	BANK OF TOKYO-MITSUBISHI TRUST COMPANY
		
	By:	 	 /s/ Lillian Kim

	Name:	 	Lillian Kim
	Title:	 	Vice President

			
	WILLIAM STREET COMMITMENT CORPORATION
		
	By:	 	 /s/ Mark Walton

	Name:	 	Mark Walton
	Title:	 	Assistant Vice President

			
	CALYON NEW YORK BRANCH
		
	By:	 	 /s/ Thomas Randolph

	Name:	 	Thomas Randolph
	Title:	 	Managing Director
	
	CALYON NEW YORK BRANCH
		
	By:	 	 /s/ Douglas Weir

	Name:	 	Douglas Weir
	Title:	 	Director

			
	PNC BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Jeffrey DeLay

	Name:	 	Jeffrey DeLay
	Title:	 	Vice President

			
	THE BANK OF NEW YORK
		
	By:	 	 /s/ Christopher T. Kordes

	Name:	 	Christopher T. Kordes
	Title:	 	Vice President

			
	NATIONAL CITY BANK
		
	By:	 	 /s/ Erica Dowd

	Name:	 	Erica Dowd
	Title:	 	Assistant Vice President

 COMMITMENT SCHEDULE 
  

				
	 BANK
	  	COMMITMENT
	 JPMorgan Chase Bank, N.A.
	  	$	90,000.000
	 Bank of America, N.A.
	  	$	90,000,000
	 ABN AMRO Bank N.V.
	  	$	75,000,000
	 SunTrust Bank
	  	$	75,000,000
	 Wachovia Bank, National Association
	  	$	75,000,000
	 Bank of Tokyo-Mitsubishi Trust Company
	  	$	55,000,000
	 William Street Commitment Corporation
	  	$	55,000,000
	 Calyon New York Branch
	  	$	40,000,000
	 PNC Bank, National Association
	  	$	40,000,000
	 The Bank of New York
	  	$	25,000,000
	 National City Bank
	  	$	30,000,000
		  	 	 
	 TOTAL
	  	$	650,000,000

 PRICING SCHEDULE 
 The “Euro-Currency Margin”, “LC Fee Rate” and “Facility Fee Rate” for any day are the respective percentages set forth below (in basis points per annum) in the
applicable row under the column corresponding to the Status that exists on such day: 
  

											
	 Status
	  	Level I	  	Level II	  	Level III	  	Level IV	  	Level V
	 Euro-Currency Margin/LC Fee Rate
	  	33.00	  	37.00	  	40.00	  	50.00	  	57.50
	 Facility Fee Rate
	  	7.00	  	8.00	  	10.00	  	12.50	  	17.50

 For purposes of this Schedule, the following terms have the following meanings: 
 “Level I Status” exists at any date if, at such date, the Company’s long-term debt is rated at least A- by S&P or at
least A3 by Moody’s. 
 “Level II Status” exists at any date if, at such date, (i) the Company’s long-term
debt is rated at least BBB+ by S&P or at least Baa1 by Moody’s and (ii) Level I Status does not exist. 
 “Level III Status” exists at any date if, at such date, (i) the Company’s long-term debt is rated at least BBB by S&P or at least Baa2 by Moody’s and (ii) neither Level I Status or Level II
Status exists. 
 “Level IV Status” exists at any date if, at such date, (i) the Company’s long-term debt is rated
at least BBB- by S&P or at least Baa3 by Moody’s and (ii) none of Level I Status, Level II Status or Level III Status exists. 
 “Level V Status” exists at any date if, at such date, no other Status exists. 
 “Moody’s”
means Moody’s Investors Service, Inc. 
 “S&P” means Standard & Poor’s. 
 “Status” refers to the determination of which of Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status
exists at any date. 
 The credit ratings to be utilized for purposes of this Schedule are those assigned to the senior unsecured long-term
debt securities of the Company without third-party credit enhancement and any rating assigned to any other debt security of the Company shall be disregarded. The rating in effect at any date is that in effect at the close of business on such date.

 If there is a difference in rating levels between S&P and Moody’s, then the higher rating shall be used to determine Status;
provided that if the difference is more than one notch, a rating one notch higher than the lower of the two shall be used.

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