Exhibit 10(k)
LOAN AGREEMENT
Dated as of May 3, 2001
among
Oxford Receivables Company, as Borrower ,
OXFORD INDUSTRIES, INC ., as initial Servicer,
THREE PILLARS FUNDING CORPORATION, as Lender,
and
SUNTRUST EQUITABLE SECURITIES CORPORATION, as Administrator
TABLE OF CONTENTS
Page
ARTICLE I. DEFINITIONS *
Section 1.1 Defined Terms *
Section 1.2 Other Definitional Provisions. *
Section 1.3 Other Terms *
Section 1.4 Computation of Time Periods *
ARTICLE II. THE LENDER'S COMMITMENT, BORROWING
PROCEDURES AND LENDER NOTE *
Section 2.1 Lender's Commitment *
Section 2.2 Borrowing Procedures *
Section 2.3 Funding *
Section 2.4 Representation and Warranty *
Section 2.5 Extension of Lender's Commitment *
Section 2.6 Voluntary Termination of Lender's Commitment; Reduction of Facility
Limit *
Section 2.7 Note *
Section 2.8 Collection Account *
ARTICLE III. INTEREST, FEES, ETC. *
Section 3.1 Interest Rates *
Section 3.2 Interest Payment Dates *
Section 3.2 Interest Payment Dates *
Section 3.3 Interest Allocations *
Section 3.4 Fees *
Section 3.5 Computation of Interest and Fees *
ARTICLE IV. REPAYMENTS AND PREPAYMENTS; DISTRIBUTION OF
COLLECTIONS *
Section 4.1 Repayments and Prepayments *
Section 4.2 Application of Collections. *
Section 4.3 Application of Certain Payments *
Section 4.4 Due Date Extension *
Section 4.5 Making of Payments *
ARTICLE V. SECURITY INTEREST *
Section 5.1 Grant of Security. *
Section 5.2 Administrator Appointed Attorney-in-Fact *
Section 5.3 Administrator May Perform *
Section 5.4 Release of Collateral *
ARTICLE VI. INCREASED COSTS, ETC. *
Section 6.1 Increased Costs *
Section 6.2 Funding Losses *
Section 6.3 Withholding Taxes. *
ARTICLE VII. CONDITIONS TO BORROWING *
Section 7.1 Initial Loan *
7.1.1 Resolutions *
7.1.2 Consents, etc *
7.1.3 Incumbency and Signatures *
7.1.4 Good Standing Certificates *
7.1.5 Financing Statements *
7.1.6 Search Reports *
7.1.7 Fee Letter; Payment of