EXHIBIT 10.1
FIFTH AMENDED AND RESTATED
REVOLVING CREDIT AGREEMENT
EFFECTIVE AS OF JUNE 2, 2003
AMONG
GROUP 1 AUTOMOTIVE, INC.,
THE SUBSIDIARY BORROWERS LISTED HEREIN,
THE LENDERS LISTED HEREIN,
JPMORGAN CHASE BANK,
AS ADMINISTRATIVE AGENT,
COMERICA BANK,
AS FLOOR PLAN AGENT,
AND
BANK ONE, NA,
AS DOCUMENTATION AGENT
* * * * *
J. P. MORGAN SECURITIES INC.
LEAD ARRANGER AND SOLE BOOKRUNNER
ARTICLE I. CERTAIN DEFINED TERMS, ACCOUNTING TERMS AND CONSTRUCTION......................................
Section 1.1 Certain Defined Terms..........................................................
Section 1.2 Accounting Terms...............................................................
Section 1.3 Interpretation.................................................................
ARTICLE II. THE FLOOR PLAN LOANS.........................................................................
Section 2.1 Floor Plan Loan Commitments....................................................
Section 2.2 Floor Plan Loans...............................................................
Section 2.3 Floor Plan Borrowing Procedure.................................................
Section 2.4 Notice of Types of Floor Plan Loans and Interest Periods.......................
Section 2.5 Payments; Application of Payments..............................................
Section 2.6 Title Documents................................................................
Section 2.7 Power of Attorney..............................................................
Section 2.8 Issuance of Drafting Agreements................................................
Section 2.9 Conditions to Issuance.........................................................
Section 2.10 Notice of Issuance of or Entering into Manufacturers Drafting Letters.........
Section 2.11 Dr