Common use of Notes and Loans Clause in Contracts

Notes and Loans. The Obligors are the borrowers under a Fourth Amended and Restated Revolving Credit and Term Loan Agreement dated as of August 5, 2011, with Manufacturers and Traders Trust Company as Administrative Agent, and the lenders and other agents party thereto providing for an unsecured revolving credit facility, with an initial term of five years, with the Obligors having two one-year extension options, in an aggregate principal amount outstanding not to exceed $175,000,000 (with a $75,000,000 expansion option) and a seven-year term loan facility in the aggregate principal amount of $125,000,000 and a delayed draw seven-year term loan facility in the aggregate amount of $100,000,000 (the "Bank Credit Agreement"). Sovran Holdings, Inc., The L▇▇▇▇ Group LLC and Uncle Bob's Management LLC each is a guarantor of all of the indebtedness under the Bank Credit Agreement. The Obligors are the co-obligors on $80,000,000 principal amount of 6.26% Senior Guaranteed Notes, Series A, due September 4, 2013, and $20,000,000 principal amount of Floating Rate Senior Guaranteed Notes, Series B, due September 4, 2013, issued pursuant to the Note Purchase Agreement dated as of September 4, 2003, among Sovran, SALP, and the several Purchasers identified therein, as amended prior to the date hereof (the "2003 NPA"). Sovran Holdings, Inc., The L▇▇▇▇ Group LLC and Uncle Bob's Management LLC guaranty all of the indebtedness under the 2003 NPA. The Obligors are the co-obligors on $150,000,000 principal amount of 6.38% Senior Guaranteed Notes, Series C, due April 26, 2016, issued pursuant to the Note Purchase Agreement dated as of April 26, 2006, among Sovran, SALP, and the several Purchasers identified therein, as amended prior to the date hereof (the "2006 NPA"). Sovran Holdings, Inc., The L▇▇▇▇ Group LLC and Uncle Bob's Management LLC guaranty all of the indebtedness under the 2006 NPA.

Notes and Loans. The Obligors are the borrowers under a Fourth Fifth Amended and Restated Revolving Credit and Term Loan Agreement dated as of August 5June 4, 20112013, with Manufacturers and Traders Trust Company as Administrative Agent, and the lenders and other agents party thereto providing for an unsecured revolving credit facility, with an initial term of five years, with the Obligors having two one-year extension options, in an aggregate principal amount outstanding not to exceed $175,000,000 (with a $75,000,000 expansion option) and with a sublimit for letters of credit of $15,000,000, a seven-year term loan facility in the aggregate principal amount of $125,000,000 225,000,000 and a delayed draw seven-year term loan facility in the aggregate amount of $100,000,000 (the "“Bank Credit Agreement"”). Sovran Holdings, Inc., The L▇▇▇▇ Group LLC and Uncle Bob's Management LLC each is a guarantor of all All of the indebtedness under the Bank Credit Agreement. The Obligors are the co-obligors on $80,000,000 principal amount of 6.26% Senior Guaranteed Notes, Series A, due September 4, 2013, and $20,000,000 principal amount of Floating Rate Senior Guaranteed Notes, Series B, due September 4, 2013, issued pursuant to the Note Purchase Agreement dated as of September 4, 2003, among Sovran, SALP, and the several Purchasers identified therein, as amended prior to the date hereof (the "2003 NPA"). is guarantied by Sovran Holdings, Inc., The L▇▇▇▇▇ Group LLC, Uncle Bob’s Management, LLC and Uncle Bob's Management LLC guaranty all each of the indebtedness under following entities (collectively, the 2003 NPA“Designated Subsidiaries”): Sovran ▇▇▇▇▇ Road, LLC, Sovran ▇▇▇▇▇▇▇, LLC, Sovran Little Road, LLC, Sovran Granbury, LLC, Sovran ▇▇▇▇▇▇▇▇▇▇▇, LLC, Sovran Manchester, LLC, Sovran DeGaulle, LLC, Sovran Grapevine, LLC, Sovran Washington, LLC, Sovran Meramac, LLC, Sovran Seminole, LLC, ▇▇▇▇▇ Sovran I L.L.C., ▇▇▇▇▇ Sovran II L.L.C., Sovran Cameron, LLC and Sovran Congress, LLC. The Obligors are the co-obligors on $150,000,000 principal amount of 6.38% Senior Guaranteed Notes, Series C, due April 26, 2016, issued pursuant to the Note Purchase Agreement dated as of April 26, 2006, among Sovran, SALP, and the several Purchasers identified therein, as amended prior to the date hereof (the "“2006 NPA"”). All of the indebtedness under the 2006 NPA is guarantied by Sovran Holdings, Inc., The L▇▇▇▇▇ Group LLC, Uncle Bob’s Management, LLC and Uncle Bob's Management LLC guaranty all each of the Designated Subsidiaries. The Obligors are the co-obligors on $100,000,000 principal amount of 5.54% Senior Guaranteed Notes, Series D, due August 5, 2021, issued pursuant to the Note Purchase Agreement dated as of August 5, 2011, among Sovran, SALP, and the several Purchasers identified therein, as amended prior to the date hereof (the “2011 NPA”). All of the indebtedness under the 2006 NPA2011 NPA is guarantied by Sovran Holdings, Inc., The ▇▇▇▇▇ Group LLC, Uncle Bob’s Management, LLC and each of the Designated Subsidiaries.