from 10-Q
1 page
<page> Second Amendment to Revolving Credit Agreement Between the Bank of Nova Scotia as Bank and Vytec Corporation as Borrower ""Applicable Margin" Means (A) for Each Calendar Quarter for Which the Consolidated Funded Debt to Cash Flow Ratio Is Less Than 1.00 to 1.00: (I) 0.35% Per Annum for the Purposes of Section 7.01(c) and 7.08; (II) Nil for the Purposes of Section 7.05; and (III) 0.125% Per Annum for the Purposes of Section 7.07; (B) for Each Calendar Quarter for Which the Consolidated Funded Debt to Cash Flow Ratio Is Greater Than or Equal to 1.00 to 1.00 but Less Than 1.50 to 1.00: (I) 0.40% Per Annum for the Purposes of Section 7.01(c) and 7.08; (II) Nil for the Purposes of Section 7.05; and (III) 0.150% Per Annum for the Purposes of Section 7.07; (C) for Each Calendar Quarter for Which the Consolidated Funded Debt to Cash Flow Ratio Is Greater Than or Equal to 1.50 to 1.00 but Less Than 2.00 to 1.00: (I) 0.50% Per Annum for the Purposes of Section 7.01(c) and 7.08; (II) Nil for the Purposes of Section 7.05; and (III) 0.175% Per Annum for the Purposes of Section 7.07; (D) for Each Calendar Quarter for Which the Consolidated Funded Debt to Cash Flow Ratio Is Greater Than or Equal to 2.00 to 1.00 but Less Than 2.50 to 1.00: (I) 0.625% Per Annum for the Purposes of Section 7.01(c) and 7.08; (II) Nil for the Purposes of Section 7.05; and (III) 0.20% Per Annum for the Purposes of Section 7.07; and (E) for Each Calendar Quarter for Which the Consolidated Funded Debt to Cash Flow Ratio Is Greater Than or Equal to 2.50 to 1.00: (I) 0.875% Per Annum for the Purposes of Section 7.01(c); (II) Nil for the Purposes of Section 7.08; and (III) 0.25% Per Annum for the Purposes of Section 7.05 and 7.07.". Dated the 26th Day of March, 1997
