Standard Contracts
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • December 20th, 2006 • Endeavor Acquisition Corp. • Blank checks • Delaware
Contract Type FiledDecember 20th, 2006 Company Industry JurisdictionTHIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of the day of , 200 , by and among: Endeavor Acquisition Corp., a Delaware corporation (the “Company”), and the undersigned parties listed under the caption “Investors” on the signature page hereto (each, an “Investor” and collectively, the “Investors”).
FIRST AMENDMENT TO RIGHTS AGREEMENTRights Agreement • January 16th, 2015 • American Apparel, Inc • Blank checks • Delaware
Contract Type FiledJanuary 16th, 2015 Company Industry JurisdictionRIGHTS AGREEMENT, dated as of December 21, 2014 (the “Agreement”), between AMERICAN APPAREL, INC., a Delaware corporation (the “Company”), and CONTINENTAL STOCK TRANSFER & TRUST COMPANY, a New York corporation (the “Rights Agent”).
AMERICAN APPAREL, INC. $10,000,000 AGGREGATE SALES PRICE OF COMMON STOCK SALES AGREEMENTSales Agreement • May 11th, 2015 • American Apparel, Inc • Blank checks • New York
Contract Type FiledMay 11th, 2015 Company Industry Jurisdiction
UNDERWRITING AGREEMENT between ENDEAVOR ACQUISITION CORP. and LADENBURG THALMANN & CO. INC. Dated: , 2005Underwriting Agreement • November 29th, 2005 • Endeavor Acquisition Corp. • Blank checks • New York
Contract Type FiledNovember 29th, 2005 Company Industry JurisdictionThe undersigned, Endeavor Acquisition Corp., a Delaware corporation (“Company”), hereby confirms its agreement with Ladenburg Thalmann & Co. Inc. (being referred to herein variously as “you,” “Ladenburg” or the “Representative”) and with the other underwriters named on Schedule I hereto for which Ladenburg is acting as Representative (the Representative and the other Underwriters being collectively called the “Underwriters” or, individually, an “Underwriter”) as follows:
ContractWarrant Agreement • July 13th, 2011 • American Apparel, Inc • Blank checks • New York
Contract Type FiledJuly 13th, 2011 Company Industry JurisdictionTHIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS OR THE ISSUER SHALL HAVE RECEIVED AN OPINION OF COUNSEL OR OTHER EVIDENCE OF ASSURANCE REASONABLY SATISFACTORY TO THE ISSUER THAT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS NOT REQUIRED.
WARRANT AGREEMENTWarrant Agreement • November 29th, 2005 • Endeavor Acquisition Corp. • Blank checks • New York
Contract Type FiledNovember 29th, 2005 Company Industry JurisdictionAgreement made as of , 2005 between Endeavor Acquisition Corp., a Delaware corporation, with offices at 180 Madison Avenue, Suite 2305, New York, New York 10016 (“Company”), and Continental Stock Transfer & Trust Company, a New York corporation, with offices at 17 Battery Place, New York, New York 10004 (“Warrant Agent”).
61,000,000 Shares AMERICAN APPAREL, INC. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • March 31st, 2014 • American Apparel, Inc • Blank checks • New York
Contract Type FiledMarch 31st, 2014 Company Industry JurisdictionAmerican Apparel, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the underwriters named in Schedule I hereto (the “Underwriters” or each, an “Underwriter”) for whom Roth Capital Partners, LLC is acting as representative (the “Representative”) an aggregate of 61,000,000 authorized but unissued shares (the “Underwritten Shares”) of Common Stock, par value $0.0001 per share (the “Common Stock”), of the Company. The Company has granted the Underwriters the option to purchase an aggregate of up to 9,150,000 additional shares of Common Stock (the “Additional Shares”) as may be necessary to cover over-allotments made in connection with the offering. The Underwritten Shares and Additional Shares are collectively referred to as the “Shares.”
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • April 9th, 2013 • American Apparel, Inc • Blank checks • New York
Contract Type FiledApril 9th, 2013 Company Industry JurisdictionThis Registration Rights Agreement (the “Agreement”), dated as of April 4, 2013, by and among American Apparel, Inc., a Delaware corporation (the “Company”), the Guarantors party hereto (the “Guarantors”) and Cowen and Company, LLC and Sea Port Group Securities, LLC, as representatives (collectively, the “Representatives”) of the initial purchasers listed on Schedule I hereto (the “Initial Purchasers”).
INDENTURE, dated as of April 4, 2013 among AMERICAN APPAREL, INC. as Company, THE GUARANTORS PARTY HERETO, as Guarantors and U.S. BANK NATIONAL ASSOCIATION, as Trustee and as Collateral Agent 13.0% Senior Secured Notes due 2020Indenture • April 9th, 2013 • American Apparel, Inc • Blank checks • New York
Contract Type FiledApril 9th, 2013 Company Industry JurisdictionINDENTURE, dated as of April 4, 2013, among American Apparel, Inc., a Delaware corporation (the “Company”), the Guarantors (as herein defined) party hereto and U.S. Bank National Association, as Trustee (in such capacity, the “Trustee”) and as Collateral Agent (in such capacity, the “Collateral Agent”).
INVESTMENT MANAGEMENT TRUST AGREEMENTInvestment Management Trust Agreement • November 29th, 2005 • Endeavor Acquisition Corp. • Blank checks • New York
Contract Type FiledNovember 29th, 2005 Company Industry JurisdictionThis Agreement is made as of , 2005 by and between Endeavor Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (“Trustee”).
CREDIT AGREEMENT dated as of July 2, 2007 AMERICAN APPAREL, INC. As Lead Borrower For THE BORROWERS PARTY HERETO THE BORROWERS PARTY HERETO THE FACILITY GUARANTORS PARTY HERETO LASALLE BUSINESS CREDIT, LLC, AS AGENT FOR LASALLE BANK MIDWEST NATIONAL...Credit Agreement • December 18th, 2007 • Endeavor Acquisition Corp. • Blank checks • Massachusetts
Contract Type FiledDecember 18th, 2007 Company Industry Jurisdictionin consideration of the mutual covenants herein contained and benefits to be derived herefrom, the parties hereto agree as follows:
SELECTED DEALERS AGREEMENTSelected Dealers Agreement • November 29th, 2005 • Endeavor Acquisition Corp. • Blank checks • New York
Contract Type FiledNovember 29th, 2005 Company Industry Jurisdiction
CREDIT AGREEMENT Dated as of April 4, 2013 among AMERICAN APPAREL (USA), LLC, as a Borrower and as Borrower Representative, AMERICAN APPAREL RETAIL, INC., AMERICAN APPAREL DYEING & FINISHING, INC., KCL KNITTING, LLC, as the other Borrowers Party...Credit Agreement • April 9th, 2013 • American Apparel, Inc • Blank checks • New York
Contract Type FiledApril 9th, 2013 Company Industry JurisdictionTHIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK (EXCLUDING THE LAWS APPLICABLE TO CONFLICTS OR CHOICE OF LAW (OTHER THAN THE NEW YORK GENERAL OBLIGATIONS LAW §5-1401)).
EMPLOYMENT AGREEMENTEmployment Agreement • March 25th, 2015 • American Apparel, Inc • Blank checks • California
Contract Type FiledMarch 25th, 2015 Company Industry JurisdictionEMPLOYMENT AGREEMENT (the “Agreement”), effective as of December 16, 2014, by and between American Apparel, Inc., a Delaware corporation (the “Company”), and Paula Schneider (herein referred to as the “Executive”).
WARRANT CLARIFICATION AGREEMENTWarrant Clarification Agreement • November 14th, 2006 • Endeavor Acquisition Corp. • Blank checks • New York
Contract Type FiledNovember 14th, 2006 Company Industry JurisdictionThis Warrant Clarification Agreement (this “Agreement”), dated November 13, 2006, is to the Warrant Agreement, dated as of December 15, 2005 (the “Warrant Agreement”), by and between Endeavor Acquisition Corporation, a Delaware corporation (“Company”), and Continental Stock Transfer & Trust Company, a New York corporation (“Warrant Agent”).
SEVENTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • June 21st, 2012 • American Apparel, Inc • Blank checks • New York
Contract Type FiledJune 21st, 2012 Company Industry JurisdictionSEVENTH AMENDMENT, dated as of March 13, 2012 (this “Amendment”), under and to the Credit Agreement dated as of March 13, 2009 (as heretofore amended, supplemented or otherwise modified, the “Credit Agreement”), among American Apparel, Inc., a corporation organized under the laws of the State of Delaware (the “Borrower”), the Facility Guarantors from time to time party thereto, Wilmington Trust, National Association (successor by merger to Wilmington Trust FSB), in its capacity as Administrative Agent thereunder and in its capacity as Collateral Agent thereunder, and the Lenders from time to time party thereto.
LEASE AGREEMENTLease Agreement • November 14th, 2012 • American Apparel, Inc • Blank checks
Contract Type FiledNovember 14th, 2012 Company Industry
STOCK ESCROW AGREEMENTStock Escrow Agreement • November 29th, 2005 • Endeavor Acquisition Corp. • Blank checks • New York
Contract Type FiledNovember 29th, 2005 Company Industry JurisdictionSTOCK ESCROW AGREEMENT, dated as of , 2005 (“Agreement”), by and among ENDEAVOR ACQUISITION CORP., a Delaware corporation (“Company”), JONATHAN J. LEDECKY, TOWER TRUST, JAY H. NUSSBAUM, KERRY KENNEDY, ROBERT B. HERSOV, EDWARD J. MATHIAS and RICHARD Y. ROBERTS (collectively “Initial Stockholders”) and CONTINENTAL STOCK TRANSFER & TRUST COMPANY, a New York corporation (“Escrow Agent”).
EXECUTION VERSION EMPLOYMENT AGREEMENTEmployment Agreement • April 29th, 2010 • American Apparel, Inc • Blank checks • California
Contract Type FiledApril 29th, 2010 Company Industry JurisdictionThis Employment Agreement (the “Agreement”) is made between Endeavor Acquisition Corp. (the “Company”), a Delaware corporation, AAI Acquisition LLC, a wholly owned subsidiary of the Company (“Merger Sub”), and Dov Charney (“Executive”) and is entered into concurrently with the closing of the merger and related business combination transactions (collectively, the “Acquisition”) prescribed by the Agreement and Plan of Reorganization (“Reorganization Agreement”) entered into as of December 18, 2006, and thereafter amended and restated as of November 7, 2007, by and among the Company, Merger Sub, American Apparel, Inc., a California corporation (“AAI”), the various Canadian companies defined in the Reorganization Agreement as CI, American Apparel, LLC, a California limited liability company (“AALLC” and, collectively with AAI and CI, the “Target Companies”), and all of the stockholders or members of the Target Companies, which include the Executive. Capitalized terms not otherwise defined
AMENDMENT NO. 6, CONSENT AND WAIVER TO CREDIT AGREEMENT OF AMERICAN APPAREL (USA), LLCCredit Agreement • May 16th, 2008 • American Apparel, Inc • Blank checks • New York
Contract Type FiledMay 16th, 2008 Company Industry JurisdictionThis AMENDMENT NO. 6, CONSENT AND WAIVER (this “Amendment”), dated as of May 15, 2008, is among American Apparel (USA), LLC (f/k/a AAI Acquisition LLC (successor by merger to American Apparel, Inc.)), a California limited liability company (the “Borrower”), the Facility Guarantors thereto (the “Guarantors”) and SOF Investments, L.P.—Private IV, as lender (the “Lender”), parties to the Credit Agreement dated as of January 18, 2007 (as amended by that certain Amendment No. 1 and Waiver to Credit Agreement of American Apparel, Inc. dated as of July 2, 2007, that certain Amendment No. 2 and Waiver to Credit Agreement of American Apparel, Inc. dated as of November 9, 2007, that certain Amendment No. 3 and Waiver to Credit Agreement of American Apparel, Inc. dated as of November 28, 2007, that certain Amendment No. 4 and Waiver to Credit Agreement of American Apparel, Inc. dated as of December 12, 2007 and that certain Amendment No. 5 and Waiver to Credit Agreement of American Apparel (USA),
EXECUTED VERSIONEngagement Agreement • November 10th, 2014 • American Apparel, Inc • Blank checks
Contract Type FiledNovember 10th, 2014 Company IndustryDated as of September 28, 2014 (the “Effective Date”), this letter agreement (this “Agreement”) hereby amends and restates that certain engagement letter agreement, dated September 2, 2014, among Alvarez & Marsal North America, LLC (“A&M”) and American Apparel, Inc., and its assigns and successors (the “Company”), including the scope of the services to be performed and the basis of compensation for those services. Upon execution of this letter by each of the parties below, this letter will constitute an agreement between the Company and A&M.
CREDIT AGREEMENTCredit Agreement • March 25th, 2015 • American Apparel, Inc • Blank checks • New York
Contract Type FiledMarch 25th, 2015 Company Industry Jurisdictionin consideration of the mutual covenants herein contained and benefits to be derived herefrom, the parties hereto agree as follows:
THIRD AMENDMENT TO CREDIT AGREEMENT LASALLE RETAIL FINANCE Date: December 12, 2007Credit Agreement • April 29th, 2010 • American Apparel, Inc • Blank checks
Contract Type FiledApril 29th, 2010 Company IndustryTHIS THIRD AMENDMENT TO CREDIT AGREEMENT (this “Third Amendment”) is made to the Credit Agreement (the “Credit Agreement”) dated as of July 2, 2007 by and among:
AMENDMENT NO. 8 AND WAIVER TO CREDIT AGREEMENT OF AMERICAN APPAREL (USA), LLCCredit Agreement • April 29th, 2010 • American Apparel, Inc • Blank checks • New York
Contract Type FiledApril 29th, 2010 Company Industry JurisdictionAMENDMENT NO. 8 AND WAIVER (this “Amendment”) dated as of November 7, 2008, to the Credit Agreement dated as of January 18, 2007 (as amended by that certain Amendment No. 1 and Waiver to Credit Agreement of American Apparel, Inc. dated as of July 2, 2007, that certain Amendment No. 2 and Waiver to Credit Agreement of American Apparel, Inc. dated as of November 9, 2007, that certain Amendment No. 3 and Waiver to Credit Agreement of American Apparel, Inc. dated as of November 28, 2007, that certain Amendment No. 4 and Waiver to Credit Agreement of American Apparel, Inc., dated as of December 12, 2007, that certain Amendment No. 5 and Waiver to Credit Agreement of American Apparel (USA), LLC dated as of February 29, 2008, that certain Amendment No. 6, Consent and Waiver to Credit Agreement of American Apparel (USA), LLC dated as of May 15, 2008, and that certain Amendment No. 7 to Credit Agreement of American Apparel (USA), LLC dated as of June 20, 2008, and as further amended, supplement
American Apparel, Inc.Lock-Up Agreement • March 16th, 2009 • American Apparel, Inc • Blank checks • New York
Contract Type FiledMarch 16th, 2009 Company Industry JurisdictionThis letter agreement is being delivered by the Company to the Investor pursuant to Section 1.2(b)(1)(G) of the Investment Agreement. Capitalized terms used but not defined herein have the respective meanings set forth in the Investment Agreement.
FIFTH AMENDMENT TO CREDIT AGREEMENT BANK OF AMERICA, N.A. Date: December 19, 2008 THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Fifth Amendment”) is made to the Credit Agreement (as amended, the “Credit Agreement”) dated as of July 2, 2007 by and among:Credit Agreement • April 29th, 2010 • American Apparel, Inc • Blank checks • New York
Contract Type FiledApril 29th, 2010 Company Industry Jurisdiction
AMENDMENT NO. 6 TO CREDIT AGREEMENT AND WAIVERCredit Agreement • March 25th, 2015 • American Apparel, Inc • Blank checks • New York
Contract Type FiledMarch 25th, 2015 Company Industry JurisdictionTHIS AMENDMENT NO. 6 TO CREDIT AGREEMENT AND WAIVER dated as of March 25, 2015 (this “Amendment”), is among AMERICAN APPAREL (USA), LLC, a California limited liability company (“AA USA”), AMERICAN APPAREL RETAIL, INC., a California corporation (“AA Retail”), AMERICAN APPAREL DYEING & FINISHING, INC., a California corporation (“AA Dyeing & Finishing”), KCL KNITTING, LLC, a California limited liability company (“KCL” and, together with AA USA, AA Retail and AA Dyeing & Finishing, collectively, the “Borrowers” and each, individually, a “Borrower”), AMERICAN APPAREL, INC., a Delaware corporation (“Holdings”), FRESH AIR FREIGHT, INC., a California corporation (“Fresh Air” and, together with Holdings, collectively, the “Guarantors” and each, individually, a “Guarantor”), CAPITAL ONE BUSINESS CREDIT CORP. (f/k/a Capital One Leverage Finance Corp.), as administrative agent (in such capacity, the “Administrative Agent”), and each of the Lenders party hereto.
EMPLOYMENT AGREEMENTEmployment Agreement • December 20th, 2006 • Endeavor Acquisition Corp. • Blank checks • California
Contract Type FiledDecember 20th, 2006 Company Industry JurisdictionThis Employment Agreement (the “Agreement”) is made between Endeavor Acquisition Corp. (“Company”), a Delaware corporation, AAI Acquisition Corp., a wholly owned subsidiary of the Company (“Merger Sub”), and Dov Charney (the “Executive”) and is being entered into concurrently with the closing of the merger and related business combination transactions (collectively, the “Acquisition”) prescribed by the Agreement and Plan of Reorganization (“Reorganization Agreement”) entered into as of December 18, 2006, by and among the Company, Merger Sub, American Apparel, Inc., a California corporation (“AAI”), the various Canadian companies defined in the Reorganization Agreement as CI, American Apparel, LLC, a California limited liability company (“AALLC” and, collectively with AAI and CI, the “Target Companies”), and all of the stockholders or members of the Target Companies, which include the Executive. Capitalized terms not otherwise defined herein shall have the meanings assigned to them in t
AMENDMENT NO. 4 AND WAIVER TO CREDIT AGREEMENT OF AMERICAN APPAREL, INC.Credit Agreement • March 28th, 2008 • American Apparel, Inc • Blank checks • New York
Contract Type FiledMarch 28th, 2008 Company Industry JurisdictionAMENDMENT NO. 4 AND WAIVER (this “Amendment”), dated as of December 12, 2007, to the Credit Agreement dated as of January 18, 2007 (as amended by that certain Amendment No. 1 and Waiver to Credit Agreement of American Apparel, Inc. dated as of July 2, 2007, that certain Amendment No. 2 and Waiver to Credit Agreement of American Apparel, Inc. dated as of November 9, 2007 and that certain Amendment No. 3 and Waiver to Credit Agreement of American Apparel, Inc. dated as of November 28, 2007, the “Credit Agreement”), among American Apparel, Inc., a California corporation (the “Borrower”), the Facility Guarantors thereto (the “Guarantors”) and SOF Investments, L.P. - Private IV, as lender (the “Lender”). Capitalized terms used herein but not defined herein are used as defined in the Credit Agreement.
FIFTH AMENDMENT TO CREDIT AGREEMENT BANK OF AMERICA, N.A.Credit Agreement • December 19th, 2008 • American Apparel, Inc • Blank checks
Contract Type FiledDecember 19th, 2008 Company IndustryTHIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Fifth Amendment”) is made to the Credit Agreement (as amended, the “Credit Agreement”) dated as of July 2, 2007 by and among:
AMENDMENT NO. 3 AND WAIVER TO CREDIT AGREEMENT OF AMERICAN APPAREL, INC.Credit Agreement • December 18th, 2007 • Endeavor Acquisition Corp. • Blank checks • New York
Contract Type FiledDecember 18th, 2007 Company Industry JurisdictionAMENDMENT NO. 3 AND WAIVER (this “Amendment”), dated as of November [ ], 2007, to the Credit Agreement dated as of January 18, 2007 (as amended by that certain Amendment No. 1 and Waiver to Credit Agreement of American Apparel, Inc. dated as of July 2, 2007 and that certain Amendment No. 2 and Waiver to Credit Agreement of American Apparel, Inc. dated as of November 9, 2007, the “Credit Agreement”), among American Apparel, Inc., a California corporation (the “Borrower”), the Facility Guarantors thereto (the “Guarantors”) and SOF Investments, L.P. - Private IV, as lender (the “Lender”). Capitalized terms used herein but not defined herein are used as defined in the Credit Agreement.
SECOND AMENDMENTCredit Agreement • April 1st, 2010 • American Apparel, Inc • Blank checks • New York
Contract Type FiledApril 1st, 2010 Company Industry JurisdictionSECOND AMENDMENT, dated as of March 31, 2010 (this “Amendment”), to the Credit Agreement dated as of March 13, 2009 (as modified by that certain Resignation, Waiver, Consent and Appointment Agreement dated as of March 31, 2009, the Waiver, dated as of September 30, 2009, and the First Amendment, dated as of December 30, 2009, the “Credit Agreement”) among American Apparel, Inc., a corporation organized under the laws of the State of Delaware (the “Borrower”), the Facility Guarantors from time to time party thereto, Wilmington Trust FSB, in its capacity as Administrative Agent and in its capacity as Collateral Agent thereunder, and the Lenders from time to time party thereto.
RESTRUCTURING SUPPORT AGREEMENTRestructuring Support Agreement • October 8th, 2015 • American Apparel, Inc • Blank checks • New York
Contract Type FiledOctober 8th, 2015 Company Industry JurisdictionWHEREAS, on October 5, 2015, (the “Petition Date”), the Borrowers and the other Credit Parties commenced voluntary cases (the “Chapter 11 Cases”) under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), and the Borrowers and the other Credit Parties have continued to operate their businesses and manage their properties as debtors-in-possession pursuant to sections 1107 and 1108 of the Bankruptcy Code.
AMENDMENT NO. 1 TO CREDIT AGREEMENTCredit Agreement • April 1st, 2014 • American Apparel, Inc • Blank checks • New York
Contract Type FiledApril 1st, 2014 Company Industry JurisdictionTHIS AMENDMENT NO. 1 TO CREDIT AGREEMENT dated as of May 22, 2013 (this “Amendment”), is among AMERICAN APPAREL (USA), LLC, a California limited liability company (“AA USA”), AMERICAN APPAREL RETAIL, INC., a California corporation (“AA Retail”), AMERICAN APPAREL DYEING & FINISHING, INC., a California corporation (“AA Dyeing & Finishing”), KCL KNITTING, LLC, a California limited liability company (“KCL” and, together with AA USA, AA Retail and AA Dyeing & Finishing, collectively, the “Borrowers” and each, individually, a “Borrower”), AMERICAN APPAREL, INC., a Delaware corporation (“Holdings”), FRESH AIR FREIGHT, INC., a California corporation (“Fresh Air” and, together with Holdings, collectively, the “Guarantors” and each, individually, a “Guarantor”), CAPITAL ONE LEVERAGE FINANCE CORP., as administrative agent (in such capacity, the “Administrative Agent”), and each of the Lenders party hereto.
AMENDMENT NO. 2 TO CREDIT AGREEMENTCredit Agreement • November 10th, 2014 • American Apparel, Inc • Blank checks • New York
Contract Type FiledNovember 10th, 2014 Company Industry JurisdictionAMENDMENT NO. 2, dated as of September 8, 2014 (this “Amendment”), among American Apparel, Inc., a Delaware corporation (the “Borrower”), the Facility Guarantors party hereto, and Standard General Master Fund L.P., as Lender under, and as defined in, the Credit Agreement (as hereinafter defined), comprising 100% of the existing Lenders (the “Consenting Lender”);