as Agent and Lead Arranger
as Documentation Agent
Page | ||||||||||||
Section 1. | The Revolving Credit | 1 | ||||||||||
Section 1.1. | The Loan Commitment | 1 | ||||||||||
Section 1.2. | Applicable Interest Rates | 1 | ||||||||||
Section 1.3. | Minimum Borrowing Amount | 3 | ||||||||||
Section 1.4. | Manner of Borrowing and Designating Interest Rates | 4 | ||||||||||
Section 1.5. | Default Rate | 5 | ||||||||||
Section 1.6. | Notes for Loans | 6 | ||||||||||
Section 1.7. | Swing Loans | 7 | ||||||||||
Section 1.8. | Letters of Credit | 8 | ||||||||||
Section 1.9. | Increase of Commitments | 10 | ||||||||||
Section 2. | General Provisions Applicable To Loans; Reduction of Commitments | 13 | ||||||||||
Section 2.1. | Interest Periods | 13 | ||||||||||
Section 2.2. | Maturity of Loans | 13 | ||||||||||
Section 2.3. | Prepayments | 13 | ||||||||||
Section 2.4. | Funding Indemnity for Eurodollar Loans | 14 | ||||||||||
Section 2.5. | Commitment Terminations | 15 | ||||||||||
Section 3. | Fees | 15 | ||||||||||
Section 3.1. | Commitment Fee | 15 | ||||||||||
Section 3.2. | Agent Fees | 15 | ||||||||||
Section 3.3. | Fee Calculations | 15 | ||||||||||
Section 3.4. | Letter of Credit Fees | 16 | ||||||||||
Section 4. | Place and Application of Payments | 16 | ||||||||||
Section 4.1. | Place and Application of Payments | 16 | ||||||||||
Section 5. | Definitions; Interpretation | 16 | ||||||||||
Section 5.1. | Definitions | 16 | ||||||||||
Section 5.2. | Interpretation | 29 | ||||||||||
Section 6. | Representations and Warranties | 29 | ||||||||||
Section 6.1. | Corporate Organization and Authority | 29 | ||||||||||
Section 6.2. | Subsidiaries | 30 | ||||||||||
Section 6.3. | Corporate Authority and Validity of Obligations | 30 | ||||||||||
Section 6.4. | Financial Statements | 30 |
Section 6.5. | No Litigation; No Labor Controversies | 31 | ||||||
Section 6.6. | Taxes | 31 | ||||||
Section 6.7. | Approvals | 31 | ||||||
Section 6.8. | ERISA | 31 | ||||||
Section 6.9. | Government Regulation | 32 | ||||||
Section 6.10. | Margin Stock | 32 | ||||||
Section 6.11. | Licenses and Authorizations; Compliance with Environmental | |||||||
and Health Laws | 32 | |||||||
Section 6.12. | Ownership of Property; Liens | 33 | ||||||
Section 6.13. | No Burdensome Restrictions; Compliance with Agreements | 33 | ||||||
Section 6.14. | Full Disclosure | 33 | ||||||
Section 6.15. | Solvency of Guarantors | 33 | ||||||
Section 6.16. | Not a Tax Shelter Transaction | 33 | ||||||
Section 6.17. | No Default | 33 | ||||||
Section 7. | Conditions Precedent | 33 | ||||||
Section 7.1. | Initial Credit Event | 34 | ||||||
Section 7.2. | All Credit Events | 35 | ||||||
Section 8. | Covenants | | | 35 | | | ||
Section 8.1. | Corporate Existence; Subsidiaries | 36 | ||||||
Section 8.2. | Maintenance | 36 | ||||||
Section 8.3. | Taxes | 36 | ||||||
Section 8.4. | ERISA | 37 | ||||||
Section 8.5. | Insurance | 37 | ||||||
Section 8.6. | Financial Reports and Other Information | 37 | ||||||
Section 8.7. | Bank Inspection Rights | 39 | ||||||
Section 8.8. | Conduct of Business | 39 | ||||||
Section 8.9. | Liens | 39 | ||||||
Section 8.10. | Use of Proceeds; Regulation U | 41 | ||||||
Section 8.11. | Mergers, Consolidations and Sales of Assets | 42 | ||||||
Section 8.12. | Use of Property and Facilities; Environmental and | |||||||
Health and Safety Laws | 43 | |||||||
Section 8.13. | Investments, Acquisitions, Loans, Advances and Guaranties | 43 | ||||||
Section 8.14 | Consolidated Net Worth | 46 | ||||||
Section 8.15. | Total Indebtedness/Capital Ratio | 46 | ||||||
Section 8.16. | Interest Coverage Ratio | 46 | ||||||
Section 8.17. | Financial Services Ratios | 46 | ||||||
Section 8.18. | Indebtedness | 46 | ||||||
Section 8.19. | Compliance with Laws | 47 | ||||||
Section 8.20. | Guarantors | 47 | ||||||
Section 8.21. | Indebtedness Limitations | 47 | ||||||
Section 8.22. | Ownership of E-One, Inc | 48 | ||||||
Section 9. | Events of Default and Remedies | 48 |
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Section 9.1. | Events of Default | 48 | ||||||
Section 9.2. | Non-Bankruptcy Defaults | 50 | ||||||
Section 9.3. | Bankruptcy Defaults | 50 | ||||||
Section 9.4. | Notice of Default | 50 | ||||||
Section 9.5. | Expenses | 51 | ||||||
Section 9.6. | Collateral for Undrawn Letters of Credit | 51 | ||||||
Section 10. | Change in Circumstances | 51 | ||||||
Section 10.1. | Change of Law | 51 | ||||||
Section 10.2. | Unavailability of Deposits or Inability to Ascertain, or | |||||||
Inadequacy of, Adjusted LIBOR | 52 | |||||||
Section 10.3. | Increased Cost and Reduced Return | 52 | ||||||
Section 10.4. | Lending Offices | 54 | ||||||
Section 10.5. | Discretion of Bank as to Manner of Funding | 54 | ||||||
Section 11. | The Agent | 54 | ||||||
Section 11.1. | Appointment and Authorization of Agent | 54 | ||||||
Section 11.2. | Agent and its Affiliates | 54 | ||||||
Section 11.3. | Action by Agent | 55 | ||||||
Section 11.4. | Consultation with Experts | 55 | ||||||
Section 11.5. | Liability of Agent; Credit Decision | 55 | ||||||
Section 11.6. | Indemnity | 56 | ||||||
Section 11.7. | Resignation of Agent and Successor Agent | 56 | ||||||
Section 11.8. | Designation of Additional Agents | 56 | ||||||
Section 11.9. | Hedging Liability | 57 | ||||||
Section 11.10. | L/C Issuer | 57 | ||||||
Section 12. | The Guarantees | 57 | ||||||
Section 12.1. | The Guarantees | 57 | ||||||
Section 12.2. | Guarantee Unconditional | 57 | ||||||
Section 12.3. | Discharge Only Upon Payment in Full; Reinstatement in | |||||||
Certain Circumstances | 58 | |||||||
Section 12.4. | Waivers | 59 | ||||||
Section 12.5. | Limit on Recovery | 59 | ||||||
Section 12.6. | Stay of Acceleration | 59 | ||||||
Section 12.7. | Benefit to Guarantors | 59 | ||||||
Section 12.8. | Guarantor Covenants | 59 | ||||||
Section 13. | Miscellaneous | | | 60 | | | ||
Section 13.1. | Withholding Taxes | 60 | ||||||
Section 13.2. | No Waiver of Rights | 61 | ||||||
Section 13.3. | Non-Business Day | 61 | ||||||
Section 13.4. | Documentary Taxes | 62 | ||||||
Section 13.5. | Survival of Representations | 62 |
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Section 13.6. | Survival of Indemnities | 62 | ||||||
Section 13.7. | Sharing of Set-Off | 62 | ||||||
Section 13.8. | Notices | 63 | ||||||
Section 13.9. | Counterparts | 63 | ||||||
Section 13.10. | Successors and Assigns | 63 | ||||||
Section 13.11. | Participants and Note Assignees | 63 | ||||||
Section 13.12. | Assignment Agreements | 64 | ||||||
Section 13.13. | Amendments | 65 | ||||||
Section 13.14. | Headings | 66 | ||||||
Section 13.15. | Legal Fees, Other Costs and Indemnification | 66 | ||||||
Section 13.16. | Set Off | 66 | ||||||
Section 13.17. | Entire Agreement | 67 | ||||||
Section 13.18. | Governing Law | 67 | ||||||
Section 13.19. | Submission to Jurisdiction; Waiver of Jury Trial | 67 | ||||||
Section 13.20. | Confidentiality | 67 | ||||||
Section 13.21. | USA Patriot Act | 68 | ||||||
Section 13.22. | Amendment and Restatement | 68 | ||||||
Signature | 1 |
Exhibits | ||||
A | - | Form of Note | ||
B | - | Form of Compliance Certificate | ||
C | - | Subsidiary Guaranty Agreement | ||
D | - | Assignment Agreement | ||
E | - | Notice of Payment Request | ||
F | - | Form of Commitment and Acceptance |
Schedule 1.8 | Schedule of Existing Letters of Credit | |
Schedule 6.2 | Schedule of Existing Subsidiaries | |
Schedule6.5 | Litigation and Labor Controversies | |
Schedule 6.11 | Environmental Matters | |
Schedule 8.9 | Existing Liens |
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Adjusted LIBOR = | LIBOR | |||
100%-Reserve Percentage |
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Applicable | ||||||||||||||
Margin For Base | Applicable Margin | |||||||||||||
Rate Loans Under | for Eurodollar Loans | Applicable | ||||||||||||
Revolving Credit | Under Revolving | Margin for | ||||||||||||
Total Indebtedness/Capital | and Reimbursement | Credit and Letter of | Commitment Fee | |||||||||||
Level | Ratio for Such Pricing Date | Obligations Shall Be: | Credit Fee Shall Be: | Shall Be: | ||||||||||
IV | Greater than or equal to 0.55 to 1.0 | 1.00 | % | 2.25 | % | 0.35 | % | |||||||
III | Less than 0.55 to 1.0, but greater than or equal to 0.45 to 1.0 | 0.75 | % | 2.00 | % | 0.30 | % | |||||||
II | Less than 0.45 to 1.0, but greater than or equal to 0.35 to 1.0 | 0.50 | % | 1.75 | % | 0.25 | % | |||||||
I | Less than 0.35 to 1.0 | 0.25 | % | 1.50 | % | 0.20 | % |
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Interest Coverage Ratio Shall Not Be | ||||
Fiscal Quarter Ending Dates | Less Than | |||
Effective Date through 9/30/06 | 2.5 to 1.0 | |||
12/31/06 and thereafter | 3.0 to 1.0 |
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1415 West 22nd Street
Oak Brook, Illinois 60523-9945
Attn: Treasurer
Telecopy: (630) 954-2041
Telephone: (630) 954-2000
cc: General Counsel (at same address)
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“Borrower” Federal Signal Corporation | ||||
By | ||||
Name: | ||||
Title: | ||||
By | ||||
Name: | ||||
Title: | ||||
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
“Guarantors” E-One, Inc. (f/k/a Emergency One, Inc.) Vactor Manufacturing, Inc. Clapp Dico Corporation Elgin Sweeper Company Dayton Progress Corporation P.C.S. Company Federal APD Incorporated. Leach Company, Inc. Manchester Tool Company E-One New York, Inc. Federal Sign and Signal, Inc. Dayton Progress International Corporation Guzzler Manufacturing, Inc. Emergency Vehicle Solutions of Southern California On Time Machining Company Federal Merger Corporation Federal Signal Credit Corporation FS Holding, Inc. Victor Products USA, Incorporated Jamestown Precision Tooling, Inc. Jetstream of Houston, Inc. Jetstream of Houston, LLP Pauluhn Electric Mfg. Co. Inc. Pauluhn Electric Manufacturing, LLP Athey Product, Inc. Federal Sign, Inc. Dayton Punch and Die Company Emergency One, Inc. Saulsbury Fire Rescue, Inc. Texas Fire Rescue, Inc. | ||||
By | ||||
Name: | ||||
Title: |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Address: | Harris N.A., in its individual capacity as a Bank and as Agent | ||||||
111 West Monroe Street | |||||||
Chicago, Illinois 60603 | |||||||
Attn.: Rachel Li | |||||||
By | |||||||
Telecopy: | (312) 461-5225 | Name: | |||||
Telephone: | (312) 461-2735 | Title: | |||||
Commitment: | $ | 27,500,000 | |||||
Swing Line Sublimit | $ | 10,000,000 | |||||
Lending Offices: | |||||||
Base Rate Loans: | |||||||
111 West Monroe Street | |||||||
Chicago, Illinois 60603 | |||||||
Attn.: 10 West | |||||||
Eurodollar Loans: | |||||||
111 West Monroe Street | |||||||
Chicago, Illinois 60603 | |||||||
Attn.: 10 West |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Address and Amount of Commitments: | |||
Address: | Bank of America, N.A. | ||
231 South LaSalle Street | |||
Mail Code IL-231-10-10 | |||
Chicago, Illinois 60604 | |||
Attn.: Timothy Cassidy | By | ||
Telecopy: (312) 828-5140 | Name: | ||
Telephone: (312) 828-3816 | Title: | ||
Commitment: $15,000,000 | |||
Lending Offices: | |||
Base Rate Loans: | |||
231 South LaSalle Street | |||
Chicago, Illinois 60604 | |||
Attn.: Timothy Cassidy | |||
Eurodollar Loans: | |||
231 South LaSalle Street | |||
Chicago, Illinois 60604 | |||
Attn.: Timothy Cassidy |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Address: | The Bank of Tokyo — Mitsubishi UFJ, Ltd., Chicago Branch, f/k/a The Bank of Tokyo — Mitsubishi, Ltd. | ||||||
227 West Monroe Street, Suite 2300 | |||||||
Chicago, Illinois 60606 | |||||||
Attn.: Diane Tkach | |||||||
By | |||||||
Telecopy: | (312) 696-4535 | Name: | |||||
Telephone: | (312) 696-4663 | Title: | |||||
Commitment: | $ | 7,500,000 | |||||
Lending Offices: | |||||||
Base Rate Loans: | |||||||
227 W. Monroe Street | |||||||
Chicago, Illinois 60606 | |||||||
Attn.: Loan Administration | |||||||
Eurodollar Loans: | |||||||
227 W. Monroe Street | |||||||
Chicago, Illinois 60606 | |||||||
Attn.: Loan Administration |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Address and Amount of Commitments: | ||||
Address: | The Northern Trust Company | |||
50 South LaSalle Street | ||||
Chicago, Illinois 60675 | ||||
Attn.: Courtney L. O’Conner | ||||
By | ||||
Telecopy: (312) 444-4906 | Name: | |||
Telephone: (312) 557-5126 | Title: | |||
Commitment: $10,000,000 | ||||
Lending Offices: | ||||
Base Rate Loans: | ||||
50 South LaSalle Street | ||||
Chicago, Illinois 60675 | ||||
Attn.: Sharon Jackson | ||||
Eurodollar Loans: | ||||
50 South LaSalle Street | ||||
Chicago, Illinois 60675 | ||||
Attn.: Sharon Jackson |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Address and Amount of Commitments: | ||||
Address: | Nordea Bank of Finland, PLC | |||
437 Madison Avenue, 21st Floor | ||||
New York, NY 10022 | ||||
Attn.: Henrik M. Steffensen | ||||
By | ||||
Telecopy: (212) 318-9318 | Name: | |||
Telephone: (212) 318-9303 | Title: | |||
Commitment: $15,000,000 | ||||
Lending Offices: | ||||
By | ||||
Name: | ||||
Title: | ||||
Base Rate Loans: | ||||
437 Madison Avenue, 21st Floor | ||||
New York, NY 10022 | ||||
Attn.: Jackie Ng | ||||
Telephone: (212) 318-9578 | ||||
Eurodollar Loans: | ||||
437 Madison Avenue, 21st Floor | ||||
New York, NY 10022 | ||||
Attn.: Jackie Ng | ||||
Telephone: (212) 318-9578 |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Address and Amount of Commitments: | ||||
Address: | LaSalle Bank National Association | |||
135 South LaSalle Street, Ste. 1127 | ||||
Chicago, Illinois 60603 | ||||
Attn.: Karen Orlich | ||||
By | ||||
Telecopy: (312) 904-5483 | Name: | |||
Telephone: (312) 904-2913 | Title: | |||
Commitment: $15,000,000 | ||||
Lending Offices: | ||||
Base Rate Loans: | ||||
135 South LaSalle Street, Ste. 1127 | ||||
Chicago, Illinois 60603 | ||||
Attn.: | ||||
Eurodollar Loans: | ||||
135 South LaSalle Street, Ste. 1127 | ||||
Chicago, Illinois 60603 | ||||
Attn.: |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Address and Amount of Commitments: | ||||
Address: | National City Bank of the Midwest, in its individual capacity as a Bank and as Documentation Agent | |||
1 North Franklin, 36th Floor | ||||
Chicago, Illinois 60606 | ||||
Attn.: John Hinard | ||||
By | ||||
Telecopy: (312) 384-4666 | Name: | |||
Telephone: (312) 384-4624 | Title: | |||
Commitment: $20,000,000 | ||||
Lending Offices: | ||||
Base Rate Loans: | ||||
_____________________ | ||||
_____________________ | ||||
Attn.: ________________ | ||||
Eurodollar Loans: | ||||
_____________________ | ||||
_____________________ | ||||
Attn.: ________________ |
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
SUNTRUST BANK,solely as a Departing Bank | ||||
By | ||||
Name: | ||||
Title: | ||||
BANCA DI ROMA, CHICAGO BRANCH,solely as a Departing Bank | ||||
By | ||||
Name: | ||||
Title: | ||||
By | ||||
Name: | ||||
Title: | ||||
THE BANK OF NEW YORK,solely as a Departing Bank | ||||
By | ||||
Name: | ||||
Title: | ||||
JPMORGAN CHASE BANK, N.A.,solely as a Departing Bank | ||||
By | ||||
Name: | ||||
Title: | ||||
Federal Signal Corporation
Signature Page to Amended and Restated Credit Agreement
Federal Signal Corporation | ||||
By | ||||
Name: | ||||
Title: | ||||
By | ||||
Name: | ||||
Title: |
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U.S. $_________ | February 3, 2006 |
Federal Signal Corporation | ||||
By | ||||
Name: | ||||
Title: | ||||
By | ||||
Name: | ||||
Title: |
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Federal Signal Corporation
Dated as of February 3, 2006
Calculations as of _____________, ____ ___
A. | CONSOLIDATED NET WORTH (SECTION 8.14) | |||||||||
1. | Consolidated Net Worth, as defined (including addbacks of SFAS No. 87 non-cash charges and deducting SFAS No. 87 non-cash gains and non-cash charges related to the sale, revaluation, closure or disposition of assets) | |||||||||
2. | As listed in Section 8.14, Consolidated Net Worth must not be less than | $ | ||||||||
3. | Borrower in compliance? (Circle Yes or No) | Yes/No | ||||||||
B. | TOTAL INDEBTEDNESS/CAPITAL RATIO (SECTION 8.15) | |||||||||
1. | Indebtedness, as defined (including Securitization Transaction Attributed Indebtedness in connection with Qualified Trade Securitization Transactions) | |||||||||
2. | Financial Services Debt, as defined | |||||||||
3. | The difference between Line 1 and Line 2 (“Total Indebtedness”) | |||||||||
4. | Consolidated Net Worth (Line A1) | |||||||||
5. | Financial Services Equity, as defined | |||||||||
6. | The difference between Line 4 and Line 5 | |||||||||
7. | The sum of Line 3 and Line 6 (“Capital”) | |||||||||
8. | The ratio of Total Indebtedness (Line 3) to Capital (Line 7) (“Total Indebtedness/Capital Ratio”) | _________to 1.00 | ||||||||
9. | As listed in Section 8.15, the Total Indebtedness/Capital Ratio should not be more than | .60 to 1.00 | ||||||||
10. | Borrower in compliance? (Circle Yes or No) | Yes/No | ||||||||
C. | INTEREST COVERAGE RATIO (SECTION 8.16) | |||||||||
1. | Consolidated Net Income, as defined | |||||||||
2. | (a) Interest Expense, as defined | |||||||||
(b) Federal, state and local taxes | ||||||||||
(c) Cash Restructuring charges (up to $25,000,000) | ||||||||||
(d) Non-cash charges related to the sale, closure or disposition of assets (up to $100,000,000) | ||||||||||
3. | Interest Income, as defined | |||||||||
4. | Sum of Lines 1 and 2(a), (b), (c) and (d), minus Line 3 (“EBIT”) | |||||||||
5. | Interest Expense, as defined | |||||||||
6. | Interest Expense related to Financial Services Debt | |||||||||
7. | Line 5 minus Line 6 | |||||||||
8. | Ratio of Line 4 to Line 7 (“Interest Coverage Ratio”) | |||||||||
9. | As Listed in Section 8.16, the Interest Coverage Ratio should not be less than: | to 1.0 | ||||||||
10. | Borrower is in compliance? (Circle Yes or No) | Yes/No | ||||||||
D. | FINANCIAL SERVICES RATIOS (SECTION 8.17) | |||||||||
1. | Financial Services Debt — Municipal Leases, as defined | |||||||||
2. | Financial Services Assets — Municipal Leases, as defined | |||||||||
3. | The ratio of Line 1 to Line 2 (“Financial Services — Municipal Leases Ratio”) | |||||||||
4. | As listed in Section 8.17, Financial Services — Municipal Leases Ratio must not be more than | .95 to 1.00 | ||||||||
5. | Borrower in compliance? (Circle Yes or No) | Yes/No | ||||||||
6. | Financial Services Debt — Other than Municipal Leases, as defined | |||||||||
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7. | Financial Services Assets — Other than Municipal Leases, as defined | |||||||||
8. | The ratio of Line 6 to Line 7 (“Financial Services — Other than Municipal Leases Ratio”) | |||||||||
9. | As listed in Section 8.17, Financial Services — Other than Municipal Leases Ratio must not be more than | .91 to 1.00 | ||||||||
10. | Borrower in compliance? (Circle Yes or No) | Yes/No | ||||||||
E. | GUARANTORS (SECTION 8.20) | |||||||||
1. | Percentage of consolidated assets directly owned by Borrower and Guarantors | ____________ | % | |||||||
2. | Required Percentage | 65 | % | |||||||
3. | Borrower in compliance? (Circle Yes or No) | Yes/No | ||||||||
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Banks party to the Amended and
Restated Credit Agreement dated
as of February 3, 2006 among
Federal Signal Corporation, certain
Guarantors, such Banks and such
Agent (the“Credit Agreement”)
Very truly yours, [Name of Guarantor] |
By | |||||
Name: | |||||
Title: | |||||
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[Assignor Bank] | ||||
By: | ||||
Title: | ||||
[Assignee Bank] | ||||
By: | ||||
Title: | ||||
Lending Office (and address for notices): LIBOR Funding Office: | ||||
___day of ___, ___.
By: | ||
Title: | ||
___day of ___, ___.
By: | ||
Title: | ||
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[Address]
Very truly yours, | ||||
, | ||||
as L/C Issuer | ||||
By | ||||
Name | ||||
Title |
FEDERAL SIGNAL CORPORATION | ||||
By | ||||
Title: | ||||
�� | HARRIS N.A., as Agent | |||
By | ||||
Title: | ||||
COMMITMENT $ | ACCEPTING BANK [BANK] | |||
By | ||||
Title: | ||||
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Principal Amount | Type of Loan | Interest Rate | Last day of Interest Period | |||
L/C | Face | |||||
Number | Type | Amount | Beneficiary | |||
HACH113973OS | Standby | $9,026,435.00 | National Union Fire Insurance | |||
HACH19726OS | Standby | $20,935,000.00 | National Union Fire Insurance | |||
HACH19736OS | Standby | $4,355,000.00 | Reliance Insurance Company |
Borrower's | ||||||||
Jurisdiction of | Ultimate % | |||||||
Subsidiary | Guarantor | Incorporation | Ownership | |||||
844410 Alberta, Ltd. | No | Alberta, Canada | 100 | % | ||||
984069 Alberta, Ltd. | No | Alberta, Canada | 100 | % | ||||
3072377 Nova Scotia Limited | No | Nova Scotia, Canada | 100 | % | ||||
Bronto GmbH | No | Germany | 100 | % | ||||
Bronto Skylift Holding OY | No | Finland | 100 | % | ||||
Bronto Kiinteistot KY | No | Finland | 100 | % | ||||
Bronto Skylift AB | No | Sweden | 100 | % | ||||
Bronto Skylift Oy Ab | No | Finland | 100 | % | ||||
Dayton Progress Canada, Ltd. | No | Ontario, Canada | 100 | % | ||||
Dayton Progress S.A. | No | France | 100 | % | ||||
Dayton Progress GmbH | No | Germany | 100 | % | ||||
Dayton Progress Corporation of Japan (Nippon Dayton Progress K.K. is the Japanese name) | No | Japan | 100 | % | ||||
Dayton Progress - Perfuradores, LDA | No | Portugal | 98 | % | ||||
Dayton Progress, Ltd. | No | United Kingdom | 100 | % | ||||
Daviesons Property and Investment Co. Pty. Ltd. | No | S. Africa | 100 | % | ||||
Doep Engineering Works Pty. Ltd. | No | S. Africa | 100 | % | ||||
E-One Canada Corp. (reincorporation of E-One Canada Ltd. to a Nova Scotia entity) | No | Nova Scotia, Canada | 100 | % |
E-One Europe BV | No | Netherlands | 100 | % | ||||
Extec Limited | No | Great Britain | 100 | % | ||||
Federal APD de Mexico, S.A. de C.V. | No | Mexico | 100 | % | ||||
Federal APD DO Brasil Ltda. | No | Brazil | 100 | % | ||||
Federal Signal (Shanghai) | No | Shanghai, China | 100 | % | ||||
Environmental & Sanitary Vehicle Co. Ltd. | ||||||||
Federal Signal Canada Finance Company | No | Nova Scotia, Canada | 100 | % | ||||
Federal Signal International (FSC), Ltd. | No | Jamaica, W.I. | 100 | % | ||||
Federal Signal, Ltd. | No | United Kingdom | 100 | % | ||||
Federal Signal VAMA S.A. | No | Spain | 100 | % | ||||
Federal Signal Canada LP | No | Canada | 100 | % | ||||
Federal Signal Environmental Products China (HK) Limited | No | Hong Kong | 100 | % | ||||
Federal Signal of Europe BV | No | Netherlands | 100 | % | ||||
Federal Signal Tool (Asia Pacific) Limited | No | Hong Kong | 100 | % | ||||
Federal Signal Tool (Donggaun) Co. Limited | No. | China | 100 | % | ||||
Federal Signal UK Holdings Limited | No | United Kingdom | 100 | % | ||||
FS Europe Finance CV | No | Netherlands | 100 | % | ||||
GL Communications International Ltd. | No | United Kingdom | 100 | % | ||||
IEES BV | No | Netherlands | 100 | % |
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NRL Corp. | No | Alberta, Canada | 100 | % | ||||
RAVO Holding BV | No | Netherlands | 100 | % | ||||
RAVO BV | No | Netherlands | 100 | % | ||||
RAVO GmbH | No | Germany | 100 | % | ||||
RAVO Groep B.V. | No | Netherlands | 100 | % | ||||
RAVO Italia SRL | No | Italy | 100 | % | ||||
RAVO International B.V. | No | Netherlands | 100 | % | ||||
RAVO Nederland B.V. | No | Netherlands | 100 | % | ||||
Transtar Limited | No | United Kingdom | 100 | % | ||||
Van Raaij Industriele Ondernemigen B.V. | No | Netherlands | 100 | % | ||||
Victor Industrial Equipment Pty. Ltd. | No | South Africa | 100 | % | ||||
Victor Light Limited | No | United Kingdom | 100 | % | ||||
Victor Products, Ltd. | No | United Kingdom | 100 | % | ||||
Leach North America Ltd. (f/k/a Wittke, Inc.) | No | Alberta, Canada | 100 | % | ||||
Wittke Waste Equipment, Inc. | No | Alberta, Canada | 100 | % |
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Borrower’s | ||||||||
Jurisdiction of | Ultimate % | |||||||
Subsidiary | Guarantor | Incorporation | Ownership | |||||
Athey Product, Inc. | Yes | Delaware | 100 | % | ||||
Clapp Dico Corporation f/k/a Clapp & Haney | Yes | Ohio | 100 | % | ||||
Dayton Progress Corporation | Yes | Ohio | 100 | % | ||||
Dayton Progress International Corporation | Yes | Ohio | 100 | % | ||||
Dayton Punch and Die Company | Yes | Ohio | 100 | % | ||||
Elgin Sweeper Company | Yes | Delaware | 100 | % | ||||
Emergency One, Inc. | Yes | Florida | 100 | % | ||||
E-One, Inc. (f/k/a Emergency One, Inc.) | Yes | Delaware | 100 | % | ||||
E-One New York, Inc. | Yes | New York | 100 | % | ||||
Emergency Vehicle Solutions of Southern California | Yes | California | 100 | % | ||||
Federal APD Incorporated | Yes | Michigan | 100 | % | ||||
Federal Merger Corporation | Yes | Minnesota | 100 | % | ||||
Federal Sign, Inc. | Yes | Delaware | 100 | % | ||||
Federal Sign and Signal, Inc. | Yes | Nevada | 100 | % | ||||
Federal Signal Credit Corporation | Yes | Delaware | 100 | % | ||||
FS Holding, Inc. | Yes | Delaware | 100 | % | ||||
Guzzler Manufacturing, Inc. | Yes | Alabama | 100 | % |
Jamestown Precision Tooling, Inc. f/k/a Jamestown Punch and Tooling, Inc. | Yes | New York | 100 | % | ||||
Jetstream of Houston, Inc. | Yes | Delaware | 100 | % | ||||
Jetstream of Houston, LLP | Yes | Texas | 100 | % | ||||
Leach Company, Inc. | Yes | Wisconsin | 100 | % | ||||
Manchester Tool Company | Yes | Delaware | 100 | % | ||||
On Time Machining Company | Yes | Ohio | 100 | % | ||||
Pauluhn Electric Mfg. Co. Inc. | Yes | New York | 100 | % | ||||
Pauluhn Electric Manufacturing, LLP | Yes | Texas | 100 | % | ||||
P.C.S. Company | Yes | Michigan | 100 | % | ||||
Saulsbury Fire Rescue, Inc. | Yes | New York | 100 | % | ||||
Texas Fire Rescue, Inc. | No | Texas | 100 | % | ||||
Vactor Manufacturing, Inc. | Yes | Illinois | 100 | % | ||||
Victor Products USA, Incorporated | Yes | Delaware | 100 | % |
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