My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
GENERAL44265
DRMS
>
Back File Migration
>
General Documents
>
GENERAL44265
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/24/2016 8:13:02 PM
Creation date
11/23/2007 12:56:37 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1977376
IBM Index Class Name
General Documents
Doc Name
COVENANT SUPPLEMETN TO ACCOUNTS FINANCING AGREEMENT SECURITY AGREEMENT
Media Type
D
Archive
No
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
18
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
;r <br />Order previously entered; provided, that, the Maximum Credit <br />pursuant to such permanent Financing Order shall not be less than <br />510,000,000, without Congress' urior written consent. <br />5.3 Early Termination Fee. If Congress terminates the <br />Financing Agreements upon the occurrence of an Event of Default or <br />at Borrower's request, in view of the impracticability and extreme <br />difficulty of ascertaining actual damages and by mutual agreement <br />of the parties as to a reasonable calculation of Congress' lost <br />profits as a result thereof, Borrower shall pay to Congress upon <br />the effective date of such termination, an amount equal to: (a) <br />the aggregate servicing fees under Section 3.6 of the Accounts <br />Agreement for each quarter (or portion thereof) in the remaining <br />balance of the then current term of the Accounts Agreement lus <br />(b) the unused line fees under Section 3.5 of the Accounts <br />Agreement (based upon an assumed zero balance of outstanding loans <br />and financial accommodations) for each month (or part thereof) in <br />the remaining balance of the then current term of the Accounts <br />Agreement. Such termination fee shall be presumed to be the <br />amount of damages sustained as a result of such early termination <br />and Borrower agrees that it is reasonable under the circumstances <br />currently existing. The early termination fee provided for in <br />this Section 5.3 shall be deemed included in the Obligations. <br />Order, the terms of the Financing Order shall govern. <br />5.4 Conflicts. To the extent any provisions of the <br />Agreement, this supplement or any other supplement thereto, are in <br />specific and direct conflict with the terms of the Financing <br />5.5 Effectiveness. The Accounts Agreement, this supplement <br />thereto and the other Financing Agreements shall not be effective <br />until the Financing Order and all supplemental orders shall have <br />been entered. <br />Very truly yours, <br />CF6I STEEL CORPORATION, Debtor <br />and Debtor-in-Possession <br />By: <br />ACCEPTED: <br />CONGRESS FINANCIAL CORPORATION <br />' (WESTERN) <br />By: <br />Title: <br />DWM47b/CO1/bc <br />Title: <br />-15- <br />
The URL can be used to link to this page
Your browser does not support the video tag.