First Amendment to Credit Agreement between Danaher Corporation and Morgan Stanley Senior Funding, Inc.
Danaher Corporation has notified Morgan Stanley Senior Funding, Inc., as Administrative Agent, of its decision to permanently reduce the total loan commitments under their existing Credit Agreement to $500,000,000. This reduction will be allocated among the lenders based on their respective shares and will take effect on May 8, 2008. The amendment is formalized by Danaher Corporation and does not alter other terms of the original agreement.
Exhibit 10.1
NOTICE REGARDING REDUCTION OF COMMITMENTS
| To: | Morgan Stanley Senior Funding, Inc., as Administrative Agent |
Loan Documentation and Operations
1 Pierrepont Plaza, 7th Floor
Brooklyn NY, 11201
Attn: Michael Gavin
Date: May 1, 2008
Ladies and Gentlemen:
Reference is made to that certain Credit Agreement, dated as of November 13, 2007 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the "Agreement;" the terms defined therein being used herein as therein defined), among Danaher Corporation, a Delaware corporation (the "Company"), the Designated Borrowers from time to time party thereto, the Lenders from time to time party thereto, and Morgan Stanley Senior Funding, Inc., as Administrative Agent.
The Company hereby requests that the Aggregate Commitments be permanently reduced to an aggregate amount of $500,000,000, such reduction of Aggregate Commitments being applied to the Commitment of each Lender according to its Pro Rata Share. Such reduction of Aggregate Commitments shall take effect as of May 8, 2008.
| DANAHER CORPORATION | ||
| By: | /s/ Frank T. McFaden | |
| Name: | Frank T. McFaden | |
| Title: | VP-Treasurer | |
