SEC Contract Filing

Filing Date: 2022-12-23

Document Content:
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<DIV><FONT size="1" style="font-size:1pt;color:white">Execution Version 165778087_5 DEAL CUSIP: 24001QAH4 FACILITY CUSIP: 24001QAJ0 $250,000,000 REVOLVING CREDIT FACILITY SECOND AMENDED AND RESTATED CREDIT AGREEMENT by and among THE DAYTON POWER AND LIGHT COMPANY (d/b/a AES Ohio) THE LENDERS PARTY HERETO PNC BANK, NATIONAL ASSOCIATION, as Administrative Agent PNC CAPITAL MARKETS LLC, Joint Bookrunner and Joint Lead Arranger and U.S. BANK, NATIONAL ASSOCIATION, as Syndication Agent, Joint Bookrunner and Joint Lead Arranger Dated as of December 22, 2022 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">TABLE OF CONTENTS Page -i- 165778087 1. CERTAIN DEFINITIONS ................................................................................................ 1 1.1 Certain Definitions ................................................................................................. 1 1.2 Construction ......................................................................................................... 29 1.3 Accounting Principles .......................................................................................... 29 1.4 Benchmark Replacement Notification ................................................................. 30 2. REVOLVING CREDIT AND SWING LOAN FACILITIES......................................... 30 2.1 Revolving Credit Commitments .......................................................................... 30 2.2 Nature of Lenders&#8217; Obligations with Respect to Revolving Credit Loans .......... 30 2.3 [Reserved] ............................................................................................................ 30 2.4 [Reserved] ............................................................................................................ 31 2.5 Commitment Fees ................................................................................................ 31 2.6 Revolving Credit Loan Requests; Loan Conversions and Renewals; Swing Loan Requests ...................................................................................................... 31 2.7 Making Revolving Credit Loans and Swing Loans; Presumptions by the Administrative Agent; Repayment of Revolving Credit Loans; Borrowings to Repay Swing Loans ......................................................................................... 32 2.8 Evidence of Debt.................................................................................................. 33 2.9 Use of Proceeds.................................................................................................... 34 2.10 Defaulting Lenders............................................................................................... 34 2.11 Reduction of Revolving Credit Commitments .................................................... 35 2.12 Letter of Credit Subfacility .................................................................................. 36 2.13 Increase in Revolving Credit Commitments ........................................................ 42 2.14 Extension of Expiration Date ............................................................................... 44 3. [RESERVED] .................................................................................................................. 46 4. INTEREST RATES ......................................................................................................... 46 4.1 Interest Rate Options............................................................................................ 46 4.2 Conforming Changes Relating to the Term SOFR Rate and Daily SOFR .......... 47 4.3 Interest After Default ........................................................................................... 47 4.4 Rate Unascertainable; Increased Costs; Illegality; Benchmark Replacement Setting ............................................................................................ 48 4.5 Selection of Interest Rate Options ....................................................................... 54 5. PAYMENTS .................................................................................................................... 54 5.1 Payments .............................................................................................................. 54 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">TABLE OF CONTENTS (continued) Page -ii- 165778087 5.2 Pro Rata Treatment of Lenders ............................................................................ 54 5.3 Sharing of Payments by Lenders ......................................................................... 55 5.4 Presumptions by Administrative Agent ............................................................... 55 5.5 Interest Payment Dates ........................................................................................ 56 5.6 Voluntary Prepayments ........................................................................................ 56 5.7 Mandatory Prepayments ..............................