SEC Contract Filing

Filing Date: 2022-02-18

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<DESCRIPTION>EX-10.A8
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<DIV><FONT size="1" style="font-size:1pt;color:white">Execution Version FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT THIS FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT, dated as of March 9, 2021 (this &#8220;Amendment&#8221;), to the Existing Credit Agreement (as defined below) is made by PPL CAPITAL FUNDING, INC., a Delaware corporation (the &#8220;Borrower&#8221;), PPL CORPORATION, a Pennsylvania corporation (the &#8220;Guarantor&#8221;), and The Bank of Nova Scotia, as the Lender (such capitalized term and other capitalized terms used in this preamble and the recitals below to have the meanings set forth in, or are defined by reference in, Article I below). W I T N E S S E T H: WHEREAS, the Borrower, the Guarantor, and The Bank of Nova Scotia, as the Lender, are all parties to the Revolving Credit Agreement, dated as of March 12, 2020 (as amended or otherwise modified prior to the date hereof, the &#8220;Existing Credit Agreement&#8221;, and as amended by this Amendment and as the same may be further amended, supplemented, amended and restated or otherwise modified from time to time, the &#8220;Credit Agreement&#8221;); and WHEREAS, the Borrower has requested that the Lender amend the Existing Credit Agreement in order to extend the maturity date therein and the Lender is willing to modify the Existing Credit Agreement on the terms and subject to the conditions hereinafter set forth; NOW, THEREFORE, the parties hereto hereby covenant and agree as follows: ARTICLE I DEFINITIONS SECTION 1.1. Certain Definitions. The following terms when used in this Amendment shall have the following meanings (such meanings to be equally applicable to the singular and plural forms thereof): &#8220;Amendment&#8221; is defined in the preamble. &#8220;Borrower&#8221; is defined in the preamble. &#8220;Credit Agreement&#8221; is defined in the first recital. &#8220;Existing Credit Agreement&#8221; is defined in the first recital. &#8220;Guarantor&#8221; is defined in the preamble. SECTION 1.2. Other Definitions. Terms for which meanings are provided in the Existing Revolving Credit Agreement are, unless otherwise defined herein or the context otherwise requires, used in this Amendment with such meanings. AmericasActive:15440029.5 Exhibit 10(a)-8 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">2 ARTICLE II AMENDMENTS TO THE EXISTING CREDIT AGREEMENT Effective as of the date hereof, but subject to the satisfaction of the conditions in Article III, (a) Section 1.01 of the Existing Credit Agreement is hereby amended by amending and restating the following definition in its entirety as follows: &#8220;&#8220;Termination Date&#8221; means March 9, 2022.&#8221; (b) Sections 5.04(a), 5.04(c), 5.05 and 5.13 of the Existing Credit Agreement are hereby amended by replacing references to &#8220;December 31, 2019&#8221; with &#8220;December 31, 2020&#8221;. ARTICLE III CONDITIONS TO EFFECTIVENESS This Amendment and the amendments contained herein shall become effective as of the date hereof when each of the conditions set forth in this Article III shall have been fulfilled to the satisfaction of the Administrative Agent. SECTION 3.1. Counterparts. The Lender shall have executed this Amendment and shall have received counterparts hereof executed on behalf of the Borrower and the Guarantor. SECTION 3.2. Costs and Expenses, etc. The Lender shall have received for its account all fees, costs and expenses due and payable pursuant to Section 8.03 of the Credit Agreement, if then invoiced. SECTION 3.3. Resolutions, etc. The Lender shall have received from the Borrower and the Guarantor (i) a copy of a good standing certificate for such Loan Party, dated a date reasonably close to the date hereof and (ii) a certificate, dated as of the date hereof, of a Secretary or an Assistant Secretary of each Loan Party certifying (a) that attached thereto is a true, correct and complete copy of (x) the articles or certificate of incorporation of such Loan Party certified by the Secretary of State (or equivalent body) of the jurisdiction of incorporation of such Loan Party and (y) the bylaws of such Loan Party, and (b) that attached thereto is a true, correct and complete copy of resolutions adopted by the board of directors of such Loan Party authorizing the execution, delivery and performance of this Amendment and each other document delivered in connection herewith and that such resolutions have not been amended and are in full force. SECTION 3.4. Opinion of Counsel. The Lender shall have received an opinion, dated the date hereof and addressed to the Lender, from counsel to the Borrower, in form and substance satisfactory to the Lender. SECTION 3.5. Satisfactory Legal Form. The Lender and its counsel shall have received all information, and such counterpart originals or such certified or other copies of such materials, </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">3 as the Lender or its counsel may reasonably request, and all legal matters incident to the effectiveness of this Amendment shall be satisfactory to the Lender and its counsel. All documents executed or submitted pursuan