SEC Contract Filing

Filing Date: 2015-02-18

Document Content:
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<TYPE>EX-10.40
<SEQUENCE>3
<FILENAME>d817237dex1040.htm
<DESCRIPTION>EX-10.40
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<TITLE>EX-10.40</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.40 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>EXECUTION COPY </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AMENDMENT
NO. 2 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Dated as of November&nbsp;18, 2014 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">to </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CREDIT AGREEMENT </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Dated as of October&nbsp;12, 2011 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">THIS AMENDMENT NO. 2 (this &#147;<U>Amendment</U>&#148;) is made as of November&nbsp;18, 2014 by and among C. R. Bard, Inc., a New Jersey
corporation (the &#147;<U>Borrower</U>&#148;), the financial institutions listed on the signature pages hereof and JPMorgan Chase Bank, N.A., as Administrative Agent (the &#147;<U>Administrative Agent</U>&#146;), under that certain Credit Agreement
dated as of October&nbsp;12, 2011 by and among the Borrower, the Lenders from time to time party thereto and the Administrative Agent (as amended, restated, supplemented or otherwise modified from time to time, the &#147;<U>Credit
Agreement</U>&#148;). Capitalized terms used herein and not otherwise defined herein shall have the respective meanings given to them in the Credit Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Borrower has requested that the Lenders and the Administrative Agent agree to make certain amendments to the Credit Agreement;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Borrower, the Lenders party hereto and the Administrative Agent have so agreed on the terms and conditions set forth herein;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the premises set forth above, the terms and conditions contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Borrower, the Lenders party hereto and the Administrative Agent hereby agree to enter into this Amendment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. <U>Amendments to the Credit Agreement</U>. Effective as of the Amendment No.&nbsp;2 Effective Date (as defined below), the parties hereto
agree that the Credit Agreement shall be amended as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) The definition of &#147;<U>Commitment Termination Date</U>&#148;
appearing in <U>Section&nbsp;1.01</U> of the Credit Agreement is amended to delete the reference to &#147;September 26, 2018&#148; appearing therein and to replace such reference with &#147;November 18, 2019&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The definition of &#147;<U>FATCA</U>&#148; appearing in <U>Section&nbsp;1.01</U> of the Credit Agreement is amended by adding the
following at the end thereof: &#147; including any intergovernmental agreement to implement such Sections of the Code entered into between any relevant authorities on behalf of the United States and such jurisdiction&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) The definition of &#147;<U>Issuing Bank</U>&#148; appearing in Section&nbsp;1.01 of the Credit Agreement is amended to delete the
reference to &#147;(a) JPMCB and (b)&nbsp;each other Lender selected&#148; appearing therein and to replace such reference with &#147;(a)&nbsp;JPMCB, (b)&nbsp;Bank of America, N.A. and (c)&nbsp;each other Lender selected&#148;. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) The definition of &#147;<U>LIBO Rate</U>&#148; appearing in <U>Section&nbsp;1.01</U> of the
Credit Agreement is amended to delete the reference to &#147;the British Bankers Association&#148; appearing therein and to replace such reference with &#147;ICE Benchmark Administration&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Section&nbsp;1.01</U> of the Credit Agreement is amended to add the following definitions thereto in proper alphabetical order: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Amendment No.&nbsp;2 Effective Date</U>&#148; means November&nbsp;18, 2014. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Applicable L/C Sublimit</U>&#148; means (i)&nbsp;with respect to JPMCB in its capacity as an Issuing Bank under this
Agreement, $50,000,000, (ii)&nbsp;with respect to Bank of America, N.A. in its capacity as an Issuing Bank under this Agreement, $50,000,000 and (iii)&nbsp;with respect to any other Person that becomes an Issuing Bank