date:Aug 07, 2012
n annual rate of the applicable US Libor rate, plus 5.5 per cent. The minimum US Libor Rate at any time is 1.25 per cent. The facility contains an accordion provision that, subject to satisfaction of certain conditions, allows Clearwater to expand the facility by up to $50 million, without further approvals from existing lenders other than the lender(s) providing such additional commitments.