SEC Contract Filing

Filing Date: 2021-12-06

Document Content:
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<TYPE>EX-10.4
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<DESCRIPTION>EX-10.4
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<DIV><FONT size="1" style="font-size:1pt;color:white">Exhibit 10.4 EXECUTION VERSION $400,000,000 AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT dated as of December 6, 2021 among KENTUCKY UTILITIES COMPANY, as the Borrower, THE LENDERS FROM TIME TO TIME PARTY HERETO and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Issuing Lender and Swingline Lender WELLS FARGO SECURITIES, LLC, JPMORGAN CHASE BANK, N.A., BOFA SECURITIES, INC., BARCLAYS BANK PLC and MIZUHO BANK, LTD., as Joint Lead Arrangers and Joint Bookrunners JPMORGAN CHASE BANK, N.A. as Syndication Agent BANK OF AMERICA, N.A., BARCLAYS BANK PLC and MIZUHO BANK, LTD., as Documentation Agents </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">TABLE OF CONTENTS Page i ARTICLE I DEFINITIONS ............................................................................................................... 1 Section 1.01 Definitions ...................................................................................................... 1 Section 1.02 Divisions....................................................................................................... 23 Section 1.03 Rates ............................................................................................................. 23 ARTICLE II THE CREDITS ............................................................................................................. 24 Section 2.01 Commitments to Lend .................................................................................. 24 Section 2.02 Swingline Loans ........................................................................................... 24 Section 2.03 Notice of Borrowings ................................................................................... 26 Section 2.04 Notice to Lenders; Funding of Revolving Loans and Swingline Loans ............................................................................................................ 26 Section 2.05 Noteless Agreement; Evidence of Indebtedness .......................................... 27 Section 2.06 Interest Rates ................................................................................................ 27 Section 2.07 Fees .............................................................................................................. 29 Section 2.08 Adjustments of Commitments ...................................................................... 30 Section 2.09 Maturity of Loans; Mandatory Prepayments ................................................ 33 Section 2.10 Optional Prepayments and Repayments ....................................................... 34 Section 2.11 General Provisions as to Payments .............................................................. 34 Section 2.12 Funding Losses ............................................................................................. 34 Section 2.13 Computation of Interest and Fees ................................................................. 35 Section 2.14 Basis for Determining Interest Rate Inadequate, Unfair or Unavailable................................................................................................... 35 Section 2.15 Illegality ....................................................................................................... 37 Section 2.16 Increased Cost and Reduced Return ............................................................. 38 Section 2.17 Taxes ............................................................................................................ 39 Section 2.18 Base Rate Loans Substituted for Affected Euro-Dollar Loans .................... 41 Section 2.19 Increases in Commitments ........................................................................... 42 Section 2.20 Defaulting Lenders ....................................................................................... 43 ARTICLE III LETTERS OF CREDIT ................................................................................................ 44 Section 3.01 Issuing Lenders ............................................................................................ 44 Section 3.02 Letters of Credit ........................................................................................... 44 Section 3.03 Method of Issuance of Letters of Credit ....................................................... 45 Section 3.04 Conditions to Issuance of Letters of Credit .................................................. 45 Section 3.05 Purchase and Sale of Letter of Credit Participations .................................... 46 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">TABLE OF CONTENTS (continued) Page ii Section 3.06 Drawings under Letters of Credit ................................................................. 46 Section 3.07 Reimbursement Obligations ......................................................................... 46 Section 3.08 Duties of Issuing Lenders to Lenders; Reliance ........................................... 46 Section 3.09 Obligations of Lenders to Reimburse Issuing Lender for Unpaid Dr