Fill and Sign the Industrial Revenue Bondstexas Economic Development Form

10.04 Industrial Revenue/Development Bond Workform INDUSTRIAL REVENUE/DEVELOPMENT BOND WORKFORM REVIEWER: ______________________ DATE OF REVIEW: ______________________ LOCATION OF REVIEW (DATAROOM, ATTORNEY OFFICES, ETC.): DOCUMENTS COPIED? (YES/NO): ____________ IF NO, CONTACT PERSON FOR ARRANGING COPIES (Include Area Code and Telephone Number): ______________________ 1. AMOUNT, DATE, PURPOSE OF INDEBTEDNESS:(a) Lender(s): (b) Description of Governmental Authority Involved and Contact Persons: (c) Original Principal Amount: $ ______________________ (d) Amount outstanding as of recent date:$ ________________________________________ Date: _____________________________________ Source: ___________________________________ (e) Date of Original Loan Document and each Amendment or Waiver: (f) Purpose of Credit or Use of Proceeds: 2. RATING ISSUES (a) How Is This Debt Currently Rated (e.g., Investment Grade, Below Investment Grade, Moody's, Standard and Poor's, etc.?: (b) Describe History of Credit Rating: 3. MATERLAL TERMS OF INDEBTEDNESS (a) Stated Interest Rate or Methodology for Calculating: (1) Timing and Character of Any Adjustments to the Interest Rate: (b) Repayment Terms: (1) Principal: (2) Interest: (3) Describe Any Unique Attributes of Repayment Schedule: (c) Other Material Repayment Terms: 4. DESCRIBE PRIORITY OF INDEBTEDNESS (e.g., describe relationship to all known or assumed indebtedness whether senior, pari passu or subordinated).Senior To: Pari Passu With: Subordinated To: 5. IS THE INDEBTEDNESS SECURED? YES ___ NO ___. IF YES, DESCRIBE TYPE, NATURE AND EXTENT OF SECURITY. 6. DESCRIBE ALL MATERIAL RESTRICTIVE COVENANTS (attach copies of same where appropriate or desirable) (a) Restrictions on Direct or Indirect Incurrence or Assumption of Indebtedness? Yes ____ No ____. If "Yes," describe: (b) Restrictions on Mergers, Acquisitions, Divestitures, Change of Control, etc.? Yes ____ No ____. If "Yes," describe: (c) Restrictions on Dividends and Distributions? Yes ____ No ____. If "Yes," describe: (d) Restrictions on Transactions with Affiliates? Yes ____ No ____. If "Yes," describe: (e) Restrictions on Issuance or Redemption of Capital Stock? Yes ____ No ____. If "Yes," describe: (f) Restrictions on Fundamental Changes in Nature of Business? Yes ____ No ____. If "Yes," describe: (g) Provisions Regarding Maintenance of Properties and Corporate Existence? Yes ____ No ____. If "Yes," describe: (h) Provisions Regarding Maintenance of Net Worth or Other Financial Measurements? Yes ____ No ____. If "Yes," describe: (i) Provisions Regarding Application of Proceeds of Transaction? Yes ____ No ____. If "Yes," describe: (j) Summarize Affirmative Covenant Obligations and Confirm Compliance: (k) Other Material Covenants? Yes ____ No ____. If "Yes," describe: 7. DESCRIBE PROVISIONS REGARDING OPTIONAL PREPAYMENT OR DEFEASANCE (at Debtor's Option). 8. IS THERE ANY PENALTY OR PREMIUM FOR PREPAYMENT OF DEFEASANCE? YES ___ NO ___. IF YES, DESCRIBE: 9. DESCRIBE PROVISIONS REGARDING MANDATORY PREPAYMENT OR REDEMPTION (at Creditor's option). 10. DESCRIBE BRIEFLY ALL EVENTS OF DEFAULT AND CONSEQUENCES THEREOF (Including Acceleration). 11. DESCRIBE BRIEFLY ALL CROSS-DEFAULT PROVISIONS. 12. DESCRIBE NOTIFICATION AND REPORTING OBLIGATIONS : 13. IS PRIOR WRITTEN CONSENT OF ANY PARTY REQUIRED UNDER THE IRB DOCUMENTATION FOR THE FOLLOWING? IF NOT, IS WRITTEN NOTICE TO ANY PARTY, EITHER BEFORE OR AFTER THE EVENT, REQUIRED FOR THE FOLLOWING: CHECK (i), (ii) OR (iii) BELOW. CITE RELEVANT PROVISION. SPECIFY PARTY.(a) The sale of the stock by the owner of such stock to an unrelated third party: (i) Consent (ii) Notice Only - Before After (iii) No Restriction (b) The transfer of the stock by the owner of such stock to a wholly owned subsidiary of such owner: (i) Consent (ii) Notice Only - Before After (iii) No Restriction (c) The transfer of the stock of an issuer (or transfer of assets or change of control) to a wholly owned subsidiary of such owner and the sale of the stock of such subsidiary by the owner of such stock to an unrelated third party: (i) Consent (ii) Notice Only - Before After (iii) No Restriction (d) The merger of an obligor into another corporation with the other corporation being the surviving entity: (i) Consent (ii) Notice Only - Before After (iii) No Restriction (e) The merger of another corporation into the obligor with the obligor being the surviving entity: (i) Consent (ii) Notice Only - Before After (iii) No Restriction (f) The assignment of the lease or other bond-related agreements, rights or obligations by the tenant to a third party: (i) Consent (ii) Notice Only - Before After (iii) No Restriction (g) The mortgaging or pledge of the Lease by the obligor to a lender: (i) Consent (ii) Notice Only - Before After (iii) No Restriction