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Exhibit 10.1
ELEVENTH AMENDMENT TO CREDIT AGREEMENT
THIS ELEVENTH AMENDMENT TO CREDIT AGREEMENT ("this Amendment")
dated as of December 8, 2006, is entered into by ALABAMA
NATIONAL BANCORPORATION , a Delaware corporation (the
"Borrower") and REGIONS BANK , an Alabama banking
corporation as successor by merger to AmSouth Bank, an Alabama
banking corporation (the "Lender").
Recitals
A. The Borrower and the Lender have entered into a Credit
Agreement dated as of December 29, 1995 as amended by a First
Amendment thereto dated as of January 20, 1997, a Second
Amendment thereto dated as of January 19, 1998, a Third
Amendment thereto dated as of May 31, 1999, a Fourth Amendment
thereto dated as of May 31, 2000, a Fifth Amendment thereto
dated as of May 31, 2001, a Sixth Amendment thereto dated as
of May 31, 2002, a Seventh Amendment thereto dated as of
May 31, 2003, an Eighth Amendment thereto dated as of
May 31, 2004, a Ninth Amendment thereto dated as of
May 31, 2005 and a Tenth Amendment dated as of April 3,
2006 (as so amended, the "Agreement").
B. In connection with an increase in the principal amount of the
Note (as defined in the Agreement), the Borrower and the Lender now
desire to further amend the Agreement by making the changes set
forth in this Amendment.
Agreement
NOW, THEREFORE , in consideration of the recitals and the mutual
obligations and covenants contained herein, the Borrower and the
Lender hereby agree as follows:
1. Capitalized terms used in this Amendment and not otherwise
defined herein have the respective meanings attributed thereto in
the Agreement.
2. The defined term "Maximum Credit Amount" set forth in Article
I of the Agreement is hereby further amended to read, in its
entirety, as follows:
3. The reference in Section 2.1 of the Agreement to the
figure "$10,000,000" is hereby amended to read "$20,000,000".
4. Notwithstanding the execution of this Amendment, all of the
indebtedness evidenced by the Note shall remain in full force and
effect, as modified hereby; and nothing contained in this Amendment
shall be construed to
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