CREDIT AGREEMENT
among
MEDIA GENERAL, INC.,
as the Borrower
THE SEVERAL LENDERS
FROM TIME TO TIME PARTIES HERETO
FIRST UNION NATIONAL BANK OF NORTH CAROLINA,
as the Documentation Agent
THE TORONTO-DOMINION BANK,
as the Syndication Agent
and
NATIONSBANK OF TEXAS, N.A.,
as the Administrative Agent,
Dated as of December 4, 1996
TABLE OF CONTENTS
Page
SECTION 1. DEFINITIONS......................................................1
1.1 Defined Terms.................................................1
1.2 Other Definitional Provisions................................23
SECTION 2. AMOUNT AND TERMS OF COMMITMENTS AND LOANS.......................23
2.1 Committed Loans..............................................23
2.2 Notes for Committed Loans....................................24
2.3 Procedure for Borrowing of Committed Loans...................24
2.4 Swing Line Commitments.......................................25
2.5 Repayment of Loans...........................................27
2.6 Competitive Loans............................................27
SECTION 3. LETTERS OF CREDIT...............................................30
3.1 Letter of Credit Commitment..................................30
3.2 Procedure for Issuance of Letters of Credit..................31
3.3 Fees, Commissions and Other Charges..........................31
3.4 L/C Participations...........................................32
3.5 Reimbursement Obligation of the Borrower.....................33
3.6 Obligations Absolute.........................................33
3.7 Letter of Credit Payments....................................34
3.8 Application..................................................34
SECTION 4. GENERAL PROVI