TERM CREDIT AGREEMENT dated as of June 20, 2007, among SIRIUS SATELLITE RADIO INC., The Lenders Party Hereto and MORGAN STANLEY SENIOR FUNDING, INC., as Administrative Agent and Collateral AgentTerm Credit Agreement • June 26th, 2007 • Sirius Satellite Radio Inc • Radio broadcasting stations • New York
The Borrower has requested the Lenders (such term and each other capitalized term used and not otherwise defined herein having the meaning assigned to it in Article I) to extend credit in the form of Loans to the Borrower in US Dollars in an aggregate principal amount of $250,000,000. The proceeds of the Loans are to be used for general corporate purposes of the Borrower and the Subsidiaries.
