Exhibit 10.1
NEWELL RUBBERMAID INC.
CREDIT AGREEMENT
Dated as of September 19, 2008
$400,000,000
BANK OF AMERICA, N.A.
as Administrative Agent
and
JP MORGAN CHASE BANK, N.A.,
as Syndication Agent
BANC OF AMERICA SECURITIES LLC
and
J.P. MORGAN SECURITIES INC.,
as Joint Lead Arrangers and Joint Bookrunners
TABLE OF CONTENTS
Page
SECTION 1 DEFINITIONS AND ACCOUNTING MATTERS
1
1.01 Certain Defined Terms
1
1.02 Accounting Terms and Determinations
14
1.03 Types of Loans
14
1.04 Terms Generally
14
SECTION 2 TERM LOAN
15
2.01 Term Loan
15
2.02 Borrowing of the Term Loan
15
2.03 Fees
16
2.04 Several Obligations; Remedies Independent
16
2.05 Evidence of Debt
16
2.06 Prepayments; Conversions and Continuations
16
SECTION 3 PAYMENTS OF PRINCIPAL AND INTEREST
18
3.01 Repayment of Loans
18
3.02 Interest
18
SECTION 4 PAYMENTS; PRO RATA TREATMENT; COMPUTATIONS; ETC.
19
4.01 Payments
19
4.02 Pro Rata Treatment
20
4.03 Computations
20
4.04 Non-Receipt of Funds by the Administrative Agent
21
4.05 Set-off; Sharing of Payments
21
SECTION 5 YIELD PROTECTION AND ILLEGALITY
22
5.01 Additional Costs
22
5.02 Limitation on Types of Loans
23
5.03 Illegality
24
TABLE OF CONTENTS
i
Page
SECTION 1 DEFINITIONS AND ACCOUNTING MATTERS
1
1.01 Certain Defined Terms
1
1.02 Accounting Terms and Determinations
14
1.03 Types of Loans
14
1.04 Terms Generally
14
SECTION 2 TERM LOAN
15
2.01 Term Loan
15
2.02 Borrowing of the Term Loan
15
2.03 Fees
16
2.04 Several Obligations; Remedies Independent
16
2.05 Evidence of Debt
16
2.06 Prepayments; Conversions and Continuations
16
SECTION 3 PAYMENT