SEC Filings

8-K
AECOM filed this Form 8-K on 03/14/2018
Entire Document
 

 

thereof, (iii) the Company shall not terminate or reduce (A) the Revolving Credit Facility if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Revolving Credit Outstandings would exceed the Revolving Credit Facility, (B) the Financial Letter of Credit Sublimit if, after giving effect thereto, the Outstanding Amount of L/C Obligations with respect to Financial Letters of Credit not fully Cash Collateralized hereunder would exceed the Financial Letter of Credit Sublimit, (C) the Swing Line Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of Swing Line Loans would exceed the Swing Line Sublimit, and (iv) if, after giving effect to any reduction or termination of the Aggregate Revolving Credit Commitments, the Alternative Currency Sublimit, the Financial Letter of Credit Sublimit, the Designated Borrower Sublimit or the Swing Line Sublimit exceeds the amount of the Aggregate Revolving Credit Commitments, such sublimit shall be automatically reduced by the amount of such excess.  The Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction provided in this Section.  The amount of any such reduction shall not be applied to the Alternative Currency Sublimit, the Financial Letter of Credit Sublimit or the Designated Borrower Sublimit unless otherwise specified by the Company.  Any reduction of any Commitments hereunder shall be applied to the applicable Commitment of each applicable Lender according to its Applicable Percentage.  All fees accrued until the effective date of any termination of any applicable Facility or Commitments shall be paid on the effective date of such termination.  To the extent practicable, each partial reduction in the Financial Letter of Credit Sublimit shall be allocated ratably among the L/C Issuers in accordance with their respective Letter of Credit Commitments with respect to Financial Letters of Credit (or as otherwise agreed among the Company and the L/C Issuers).  Notwithstanding the foregoing, if any such notice of complete termination indicates that such termination is to be funded with the proceeds of a New Financing, such notice of complete termination may be revoked or delayed if such New Financing is not consummated on the date specified in such notice.

 

(b)           Mandatory.  The unused (i) Term A US Commitments shall automatically terminate on the date of the advance (or continuation) of any portion of the Term A US Facility pursuant to Section 2.01(a), (ii) Term A AUD Commitments shall automatically terminate on the date of the advance of any portion of the Term A AUD Facility pursuant to Section 2.01(d), (iii) Term A CAD Commitments shall automatically terminate on the date of the advance of any portion of the Term A CAD Facility pursuant to Section 2.01(e) and (iv) Term B Commitments shall automatically terminate on the date of the advance of any portion of the Term B Facility pursuant to Section 2.01(b).

 

2.07        Repayment of Loans.  (a)  Term A US Loans.  The Company shall repay to the Term A US Lenders the aggregate principal amount of all Term A US Loans in quarterly principal installments equal to 1.25% of the aggregate principal amount of the Term A US Loans actually made (or continued) (subject to adjustment for any applicable Incremental Term A US Loan) pursuant to Section 2.01(a) (which principal amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending June 30, 2018); provided, however, that the final principal repayment installment of the Term A US Loans shall be repaid on the Maturity Date for the Term A US Loan Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A US Loans outstanding on such date.

 

(b)           Term A AUD Loans.  The Australian Borrower shall repay to the Term A AUD Lenders the aggregate principal amount of all Term A AUD Loans in quarterly principal installments equal to 1.25% of the aggregate principal amount of the Term A AUD Loans actually made (subject to adjustment for any applicable Incremental Term A AUD Loan) pursuant to Section 2.01(d) (which principal amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending June 30, 2018); provided, however, that the final principal repayment installment of the Term A AUD Loans shall be repaid on the Maturity Date for the Term A AUD Loan Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A AUD Loans outstanding on such date.

 

78