Common use of Prepayments of Certain Indebtedness; Modifications of Certain Indebtedness Clause in Contracts

Prepayments of Certain Indebtedness; Modifications of Certain Indebtedness. Payments of Interest on Convertible Notes and Indebtedness 70 Section 7.10. Negative Pledge 70 Section 7.11. Amendments to Organization Documents 70 Section 7.12. Sale Leasebacks 71 Section 7.13. [Reserved] 71 Section 7.14. Accounting Changes 71 Section 7.15. OFAC 71 Article VIII Events of Default and Remedies 71 Section 8.01. Events of Default 71 Section 8.02. Remedies Upon Event of Default 74 Section 8.03. Application of Funds 75 Article IX Administrative Agent and Other Agents 75 Section 9.01. Appointment and Authorization of Agents 75 Section 9.02. Delegation of Duties 77 Section 9.03. Liability of Agents 77 Section 9.04. Reliance by Agents 77 Section 9.05. Notice of Default 78 Section 9.06. Credit Decision; Disclosure of Information by Agents 78 Section 9.07. Indemnification of Agents 79 Section 9.08. Agents in their Individual Capacities 79 Section 9.09. Successor Agents 80 Section 9.10. Administrative Agent May File Proofs of Claim 80 Section 9.11. Release of Collateral and Guaranty 81 Article X Miscellaneous 82 Section 10.01. Amendments, Etc. 82 Section 10.02. Notices and Other Communications 84 Section 10.03. No Waiver; Cumulative Remedies 85 Section 10.04. Costs and Expenses 85 Section 10.05. Indemnification by Borrower 86 Section 10.06. Payments Set Aside 87 Section 10.07. Successors and Assigns 87 Section 10.08. Confidentiality 91 Section 10.09. Setoff 92 Section 10.11. Integration 92 Section 10.12. Survival of Representations and Warranties 92 Section 10.13. Severability 93 Section 10.14. Governing Law 93 Section 10.15. Waiver of Right To Trial By Jury 93 Section 10.16. Binding Effect 93 Section 10.17. Lender Action 94

Prepayments of Certain Indebtedness; Modifications of Certain Indebtedness. Payments of Interest on Convertible Notes and Indebtedness 70 68 Section 7.10. Negative Pledge 70 68 Section 7.11. Amendments to Organization Documents 70 69 Section 7.12. Sale Leasebacks 71 69 Section 7.13. [Reserved] 71 69 Section 7.14. Accounting Changes 71 69 Section 7.15. OFAC 71 69 Article VIII Events of Default and Remedies 71 70 Section 8.01. Events of Default 71 70 Section 8.02. Remedies Upon Event of Default 74 72 Section 8.03. Application of Funds 75 73 Article IX Administrative Agent and Other Agents 75 74 Section 9.01. Appointment and Authorization of Agents 75 74 Section 9.02. Delegation of Duties 77 75 Section 9.03. Liability of Agents 77 75 Section 9.04. Reliance by Agents 77 76 Section 9.05. Notice of Default 78 76 Section 9.06. Credit Decision; Disclosure of Information by Agents 78 77 Section 9.07. Indemnification of Agents 79 77 Section 9.08. Agents in their Individual Capacities 79 78 Section 9.09. Successor Agents 80 78 Section 9.10. Administrative Agent May File Proofs of Claim 80 79 Section 9.11. Release of Collateral and Guaranty 81 80 Article X Miscellaneous 82 81 Section 10.01. Amendments, Etc. 82 81 Section 10.02. Notices and Other Communications 84 82 Section 10.03. No Waiver; Cumulative Remedies 85 84 Section 10.04. Costs and Expenses 85 84 Section 10.05. Indemnification by Borrower 86 85 Section 10.06. Payments Set Aside 87 86 Section 10.07. Successors and Assigns 87 86 Section 10.08. Confidentiality 91 90 Section 10.09. Setoff 92 90 Section 10.11. Integration 92 91 Section 10.12. Survival of Representations and Warranties 92 91 Section 10.13. Severability 93 91 Section 10.14. Governing Law 93 92 Section 10.15. Waiver of Right To Trial By Jury 93 92 Section 10.16. Binding Effect 93 92 Section 10.17. Lender Action 9492 Section 10.18. PATRIOT Act 93 Section 10.19. No Advisory or Fiduciary Responsibility 93 Section 10.20. No Novation 93 Schedule 1 — Guarantors Schedule 2.01(a) — Commitments Schedule 5.02 — Authorizations; No Contravention Schedule 5.03 — Governmental Authorization; Other Consents Schedule 5.07(b) — Real Property Schedule 5.08 — Collateral Filings and Perfection Matters Schedule 5.10 — Taxes Schedule 5.14 — Subsidiaries and Other Equity Investments Schedule 5.17 — Intellectual Property Schedule 5.19 — Material Agreements Schedule 7.01(b) — Existing Liens Schedule 7.02(e) — Existing Investments Schedule 7.03(b) — Surviving Indebtedness Schedule 7.12 — Existing Sale Leasebacks Schedule 10.02 — Administrative Agent’s Office, Certain Addresses for Notices Exhibits Exhibit A — Form of Prepayment Notice Exhibit B — Form of Note Exhibit C — [Reserved] Exhibit D — Form of Assignment and Assumption Exhibit E — Form of Guaranty Exhibit F — Form of Security Agreement Exhibit G — Form of Securities Pledge Agreement Exhibit H — Form of Intellectual Property Security Agreement Exhibit I — Form of Solvency Certificate This Amended and Restated Senior Secured Credit Agreement (this “Agreement”) is entered into as of June 5, 2020 among CL Media Holdings LLC, a Delaware limited liability company (“Borrower”), each financial institution from time to time party hereto as lender (each, a “Lender” and collectively, the “Lenders”), and Centre Lane Partners Master Credit Fund II, L.P., as administrative agent for the Lenders (in such capacity, and together with its successors and assigns, the “Administrative Agent”) and as collateral agent for the Lenders (in such capacity, and together with its successors and assigns, the “Collateral Agent”).

Prepayments of Certain Indebtedness; Modifications of Certain Indebtedness. Payments of Interest on Convertible Notes and Indebtedness 70 76 Section 7.10. Negative Pledge 70 76 Section 7.11. Amendments to Organization Documents 70 77 Section 7.12. Sale Leasebacks 71 77 Section 7.13. [Reserved] 71 77 Section 7.14. Accounting Changes 71 77 Section 7.15. OFAC 71 Article 77 ARTICLE VIII Events of Default and Remedies 71 EVENTS OF DEFAULT AND REMEDIES 77 Section 8.01. Events of Default 71 77 Section 8.02. Remedies Upon Event of Default 74 80 Section 8.03. Application of Funds 75 Article 81 ARTICLE IX Administrative Agent and Other Agents 75 ADMINISTRATIVE AGENT AND OTHER AGENTS 82 Section 9.01. Appointment and Authorization of Agents 75 82 Section 9.02. Delegation of Duties 77 83 Section 9.03. Liability of Agents 77 83 Section 9.04. Reliance by Agents 77 84 Section 9.05. Notice of Default 78 84 Section 9.06. Credit Decision; Disclosure of Information by Agents 78 85 Section 9.07. Indemnification of Agents 79 85 Section 9.08. Agents in their Individual Capacities 79 86 Section 9.09. Successor Agents 80 86 Section 9.10. Administrative Agent May File Proofs of Claim 80 87 Section 9.11. Release of Collateral and Guaranty 81 Article 87 ARTICLE X Miscellaneous 82 MISCELLANEOUS 88 Section 10.01. Amendments, Etc. 82 88 Section 10.02. Notices and Other Communications 84 90 Section 10.03. No Waiver; Cumulative Remedies 85 91 Section 10.04. Costs and Expenses 85 92 Section 10.05. Indemnification by Borrower 86 92 Section 10.06. Payments Set Aside 87 94 Section 10.07. Successors and Assigns 87 94 Section 10.08. Confidentiality 91 97 Section 10.09. Setoff 92 98 Section 10.11. Integration 92 98 Section 10.12. Survival of Representations and Warranties 92 99 Section 10.13. Severability 93 99 Section 10.14. Governing Law 93 GOVERNING LAW 99 Section 10.15. Waiver of Right To Trial By Jury 93 WAIVER OF RIGHT TO TRIAL BY JURY 99 Section 10.16. Binding Effect 93 100 Section 10.17. Lender Action 94100 Section 10.18. PATRIOT Act 100 Section 10.19. No Advisory or Fiduciary Responsibility 100 Section 10.20. No Novation 100 Schedule 1 — Guarantors Schedule 2.01(a) — Commitments Schedule 5.02 — Authorizations; No Contravention Schedule 5.03 — Governmental Authorization; Other Consents Schedule 5.07(b) — Real Property Schedule 5.08 — Collateral Filings and Perfection Matters Schedule 5.10 — Taxes Schedule 5.14 — Subsidiaries and Other Equity Investments Schedule 5.17 — Intellectual Property Schedule 5.19 — Material Agreements Schedule 7.01(b) — Existing Liens Schedule 7.02(e) — Existing Investments Schedule 7.03(b) — Surviving Indebtedness Schedule 7.12 — Existing Sale Leasebacks Schedule 10.02 — Administrative Agent’s Office, Certain Addresses for Notices Exhibits Exhibit A — Form of Prepayment Notice Exhibit B — Form of Note Exhibit C — [Reserved] Exhibit D — Form of Assignment and Assumption Exhibit E — Form of Guaranty Exhibit F — Form of Security Agreement Exhibit G — Form of Securities Pledge Agreement Exhibit H — Form of Intellectual Property Security Agreement Exhibit I — Form of Solvency Certificate This Amended and Restated Senior Secured Credit Agreement (this “Agreement”) is entered into as of June 5, 2020 among CL Media Holdings LLC, a Delaware limited liability company (“Borrower”), each financial institution from time to time party hereto as lender (each, a “Lender” and collectively, the “Lenders”), and Centre Lane Partners Master Credit Fund II, L.P., as administrative agent for the Lenders (in such capacity, and together with its successors and assigns, the “Administrative Agent”) and as collateral agent for the Lenders (in such capacity, and together with its successors and assigns, the “Collateral Agent”).

Prepayments of Certain Indebtedness; Modifications of Certain Indebtedness. Payments of Interest on Convertible Notes and Indebtedness 70 76 Section 7.10. Negative Pledge 70 77 Section 7.11. Amendments to Organization Documents 70 77 Section 7.12. Sale Leasebacks 71 77 Section 7.13. [Reserved] 71 77 Section 7.14. Accounting Changes 71 77 Section 7.15. OFAC 71 Article 78 ARTICLE VIII Events of Default and Remedies 71 EVENTS OF DEFAULT AND REMEDIES 78 Section 8.01. Events of Default 71 78 Section 8.02. Remedies Upon Event of Default 74 81 Section 8.03. Application of Funds 75 Article 81 ARTICLE IX Administrative Agent and Other Agents 75 ADMINISTRATIVE AGENT AND OTHER AGENTS 82 Section 9.01. Appointment and Authorization of Agents 75 82 Section 9.02. Delegation of Duties 77 83 Section 9.03. Liability of Agents 77 84 Section 9.04. Reliance by Agents 77 84 Section 9.05. Notice of Default 78 84 Section 9.06. Credit Decision; Disclosure of Information by Agents 78 85 Section 9.07. Indemnification of Agents 79 85 Section 9.08. Agents in their Individual Capacities 79 86 Section 9.09. Successor Agents 80 86 Section 9.10. Administrative Agent May File Proofs of Claim 80 87 Section 9.11. Release of Collateral and Guaranty 81 Article 88 ARTICLE X Miscellaneous 82 MISCELLANEOUS 89 Section 10.01. Amendments, Etc. 82 89 Section 10.02. Notices and Other Communications 84 90 Section 10.03. No Waiver; Cumulative Remedies 85 92 Section 10.04. Costs and Expenses 85 92 Section 10.05. Indemnification by Borrower 86 93 Section 10.06. Payments Set Aside 87 94 Section 10.07. Successors and Assigns 87 94 Section 10.08. Confidentiality 91 98 Section 10.09. Setoff 92 98 Section 10.11. Integration 92 99 Section 10.12. Survival of Representations and Warranties 92 99 Section 10.13. Severability 93 99 Section 10.14. Governing Law 93 GOVERNING LAW 99 Section 10.15. Waiver of Right To Trial By Jury 93 WAIVER OF RIGHT TO TRIAL BY JURY 100 Section 10.16. Binding Effect 93 100 Section 10.17. Lender Action 94100 Section 10.18. PATRIOT Act 100 Section 10.19. No Advisory or Fiduciary Responsibility 101 Section 10.20. No Novation 101 Schedule 1 — Guarantors Schedule 2.01(a) — Commitments Schedule 5.02 — Authorizations; No Contravention Schedule 5.03 — Governmental Authorization; Other Consents Schedule 5.07(b) — Real Property Schedule 5.08 — Collateral Filings and Perfection Matters Schedule 5.10 — Taxes Schedule 5.14 — Subsidiaries and Other Equity Investments Schedule 5.17 — Intellectual Property Schedule 5.19 — Material Agreements Schedule 7.01(b) — Existing Liens Schedule 7.02(e) — Existing Investments Schedule 7.03(b) — Surviving Indebtedness Schedule 7.12 — Existing Sale Leasebacks Schedule 10.02 — Administrative Agent’s Office, Certain Addresses for Notices Exhibit A — Form of Prepayment Notice Exhibit B — Form of Note Exhibit C — [Reserved] Exhibit D — Form of Assignment and Assumption Exhibit E — Form of Guaranty Exhibit F — Form of Security Agreement Exhibit G — Form of Securities Pledge Agreement Exhibit H — Form of Intellectual Property Security Agreement Exhibit I — Form of Solvency Certificate This Amended and Restated Senior Secured Credit Agreement (this “Agreement”) is entered into as of June 5, 2020 among CL Media Holdings LLC, a Delaware limited liability company (“Borrower”), each financial institution from time to time party hereto as lender (each, a “Lender” and collectively, the “Lenders”), and Centre Lane Partners Master Credit Fund II, L.P., as administrative agent for the Lenders (in such capacity, and together with its successors and assigns, the “Administrative Agent”) and as collateral agent for the Lenders (in such capacity, and together with its successors and assigns, the “Collateral Agent”).

Prepayments of Certain Indebtedness; Modifications of Certain Indebtedness. Payments of Interest on Convertible Notes and Indebtedness 70 74 Section 7.10. Negative Pledge 70 75 Section 7.11. Amendments to Organization Documents 70 75 Section 7.12. Sale Leasebacks 71 75 Section 7.13. [Reserved] 71 75 Section 7.14. Accounting Changes 71 75 Section 7.15. OFAC 71 75 Article VIII Events of Default and Remedies 71 76 Section 8.01. Events of Default 71 76 Section 8.02. Remedies Upon Event of Default 74 78 Section 8.03. Application of Funds 75 79 Article IX Administrative Agent and Other Agents 75 80 Section 9.01. Appointment and Authorization of Agents 75 80 Section 9.02. Delegation of Duties 77 81 Section 9.03. Liability of Agents 77 81 Section 9.04. Reliance by Agents 77 82 Section 9.05. Notice of Default 78 82 Section 9.06. Credit Decision; Disclosure of Information by Agents 78 83 Section 9.07. Indemnification of Agents 79 83 Section 9.08. Agents in their Individual Capacities 79 84 Section 9.09. Successor Agents 80 84 Section 9.10. Administrative Agent May File Proofs of Claim 80 85 Section 9.11. Release of Collateral and Guaranty 81 85 Article X Miscellaneous 82 86 Section 10.01. Amendments, Etc. 82 86 Section 10.02. Notices and Other Communications 84 88 Section 10.03. No Waiver; Cumulative Remedies 85 90 Section 10.04. Costs and Expenses 85 90 Section 10.05. Indemnification by Borrower 86 91 Section 10.06. Payments Set Aside 87 92 Section 10.07. Successors and Assigns 87 92 Section 10.08. Confidentiality 91 96 Section 10.09. Setoff 92 96 Section 10.11. Integration 92 97 Section 10.12. Survival of Representations and Warranties 92 97 Section 10.13. Severability 93 97 Section 10.14. Governing Law 93 97 Section 10.15. Waiver of Right To Trial By Jury 93 98 Section 10.16. Binding Effect 93 98 Section 10.17. Lender Action 9498 Section 10.18. PATRIOT Act 98 Section 10.19. No Advisory or Fiduciary Responsibility 98 Section 10.20. No Novation 99 Schedule 1 — Guarantors Schedule 2.01(a) — Commitments Schedule 5.02 — Authorizations; No Contravention Schedule 5.03 — Governmental Authorization; Other Consents Schedule 5.07(b) — Real Property Schedule 5.08 — Collateral Filings and Perfection Matters Schedule 5.10 — Taxes Schedule 5.14 — Subsidiaries and Other Equity Investments Schedule 5.17 — Intellectual Property Schedule 5.19 — Material Agreements Schedule 7.01(b) — Existing Liens Schedule 7.02(e) — Existing Investments Schedule 7.03(b) — Surviving Indebtedness Schedule 7.12 — Existing Sale Leasebacks Schedule 10.02 — Administrative Agent’s Office, Certain Addresses for Notices Exhibits Exhibit A — Form of Prepayment Notice Exhibit B — Form of Note Exhibit C — [Reserved] Exhibit D — Form of Assignment and Assumption Exhibit E — Form of Guaranty Exhibit F — Form of Security Agreement Exhibit G — Form of Securities Pledge Agreement Exhibit H — Form of Intellectual Property Security Agreement Exhibit I — Form of Solvency Certificate This Amended and Restated Senior Secured Credit Agreement (this “Agreement”) is entered into as of June 5, 2020 among CL Media Holdings LLC, a Delaware limited liability company (“Borrower”), each financial institution from time to time party hereto as lender (each, a “Lender” and collectively, the “Lenders”), and Centre Lane Partners Master Credit Fund II, L.P., as administrative agent for the Lenders (in such capacity, and together with its successors and assigns, the “Administrative Agent”) and as collateral agent for the Lenders (in such capacity, and together with its successors and assigns, the “Collateral Agent”).