Actionable news
All posts from Actionable news
Actionable news in JWN: NORDSTROM Inc,

Entry into a Material Definitive

On March 31, 2016, Nordstrom, Inc. as borrower, Bank of America, N.A. as agent and each of the lenders party thereto entered into the First Amendment to Revolving Credit Agreement (First Amendment) to the Revolving Credit Agreement dated as of April 1, 2015 among the borrower, the agent and each of the lenders party thereto.

Among other things, the First Amendment (i) added lenders subject to a Bail-in Action of a public administrative authority of any European Economic Area ("EEA") member country to the definition of "Defaulting Lender," (ii) acknowledged that the liability of a lender that is an EEA Financial Institution may be subject to write-down by an EEA Resolution Authority, and (iii) added a definition of Material Subsidiary and amended certain representations and...