SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT
Exhibit 99.5
EXECUTION VERSION
This SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is
effective as of October 26, 2009 by and among GENERAL CABLE INDUSTRIES, INC., a Delaware
corporation (“Borrower”), the Guarantors (such term and each other capitalized term used but not
defined herein having the meaning given to it in Article I of the Credit Agreement
referenced below), the Lenders signatory hereto, and GE BUSINESS FINANCIAL SERVICES INC. (formerly
known as Xxxxxxx Xxxxx Business Financial Services Inc.), as administrative agent (the
“Administrative Agent”) for the Lenders and as collateral agent and security trustee (the
“Collateral Agent”; and together with the Administrative Agent, the “Agents”) for the Secured
Parties.
RECITALS
WHEREAS, Borrower, Guarantors, the Administrative Agent, the Collateral Agent and Lenders
entered into that certain Third Amended and Restated Credit Agreement dated as of October 31, 2007
(as amended, supplemented, restated or otherwise modified from time to time, the “Credit
Agreement”);
WHEREAS, the parties to the Credit Agreement have agreed to amend the Credit Agreement as set
forth herein, upon terms and subject to conditions set forth herein.
NOW THEREFORE, in consideration of the foregoing recitals, mutual agreements contained herein
and for good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Agents, Lenders, Borrower and the other Loan Parties agree as follows:
Section 1. Amendments. The Credit Agreement is hereby amended as follows:
1.1 The defined term “First Amendment Date” is deleted in its entirety from Article I
of the Credit Agreement and the phrase “the First Amendment Date” is replaced each time such phrase
appears in the Credit Agreement with the phrase “June 16, 2006”.
1.2 The defined term “Second Amendment Date” is deleted in its entirety from Article I
of the Credit Agreement and the phrase “the Second Amendment Date” is replaced each time such
phrase appears in the Credit Agreement with the phrase “March 6, 2007”.
1.3 Clause (b) of the defined term “Issuing Bank” is amended and restated to read in
its entirety as follows:
“(b) General Electric Capital Corporation, a Delaware corporation, or a Subsidiary
thereof or, with the consent of the Borrower, which consent shall not be
unreasonably withheld or delayed, a bank or other legally authorized Person selected
by or acceptable to the Administrative Agent in its sole discretion, in such
Person’s capacity as an issuer of Letters of Credit hereunder (including,
without
limitation, with respect to Letters of Credit issued by such Persons prior
to April 28, 2008); it being understood and agreed that the Administrative Agent
shall have no obligation to select any such bank or other Person as an issuer of
Letters of Credit hereunder and that any such bank or other Person, after issuing a
Letter of Credit and becoming an issuer of Letters of Credit hereunder, shall have
no obligation to issue any additional Letters of Credit,”
1.4 The following defined terms are added to Article I of the Credit Agreement in
their proper alphabetical order:
“Commercial Card Program” shall have the meaning assigned to such term in
Section 6.01(p).
“Commercial Card Program Provider” shall have the meaning assigned to such term
in Section 6.01(p).
“Impacted Lender” means any Lender that fails promptly to provide
Administrative Agent, upon Administrative Agent’s request, satisfactory assurance
that such Lender will not become a Non-Funding Lender.
“Lender-Related Distress Event” means, with respect to any Lender or any Person
that directly or indirectly Controls such Lender (each a “Distressed Person”), (a) a
voluntary or involuntary case with respect to such Distressed Person under any
bankruptcy laws of its jurisdiction of formation, (b) a custodian, conservator,
receiver or similar official is appointed for such Distressed Person or any
substantial part of such Distressed Person’s assets, (c) such Distressed Person is
subject to a forced liquidation, merger, sale or other change of majority Control
supported in whole or in part by guaranties or other support (including, without
limitation, the nationalization or assumption of majority ownership or operating
Control) by any Governmental Authority, or (d) such Distressed Person makes a
general assignment for the benefit of creditors or is otherwise adjudicated as, or
determined by any Governmental Authority having regulatory authority over such
Distressed Person or its assets to be, insolvent or bankrupt.
“Non-Funding Lender” means any Lender (a) that has failed to fund any payments
required to be made by it under the Loan Document, including as required by
Section 2.02(c), 2.02(f), 2.14(d), 2.17(d),
2.18(d) or 11.03(d) hereof, within two (2) Business Days after any
such payment is due, (b) that has given verbal or written notice to the Borrower,
Administrative Agent or any Lender or has otherwise publicly announced that such
Lender believes it will fail to fund all payments required to be made by it or fund
all purchases of participations required to be funded by it under this Agreement and
the other Loan Documents, (c) as to which Administrative Agent has a good faith
belief that such Lender has defaulted in fulfilling its obligations (as a lender,
agent or letter of credit issuer) under one or more other syndicated credit
facilities or (d) with respect to which one or more Lender-Related Distress Events
has occurred with respect to such Person or any Person that directly or indirectly
Controls such Lender and
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Administrative Agent has determined that such Lender may become a Non-Funding
Lender.
“2009 Exchange Offer” shall mean the offer to exchange up to $485,000,000 in
aggregate principal amount of Holdings’ 2009 Subordinated Unsecured Convertible
Notes for any and all of Holdings’ outstanding 2007 Senior Unsecured Convertible
Note upon terms and subject to conditions described in the 2009 Exchange Offer
Terms.
“2009 Exchange Offer Terms” shall mean, collectively, the terms for the 2009
Subordinated Unsecured Convertible Notes and the 2009 Exchange Offer set forth in
(i) the section of the draft prospectus related to Holdings’ offer to exchange up to
$485,000,000 in aggregate principal amount of its 2009 Subordinated Unsecured
Convertible Notes for any and all of its outstanding 2007 Senior Unsecured
Convertible Notes entitled “Description of the 2029 Notes” and (ii) that schedule of
other indicative terms for the 2009 Subordinated Unsecured Convertible Notes and the
2009 Exchange Offer, each as attached as Exhibit 2009 EO Terms hereto, as
such terms may be further amended or completed in the Prospectus (as amended from
time to time) with respect to the 2009 Exchange Offer; provided, that, after
giving effect to any and/or all such amendments or completions, the initial annual
interest rate of the 2009 Subordinated Unsecured Convertible Notes shall not exceed
5.75% (excluding any Contingent Interest or Additional Interest), the total
aggregate principal amount of the 2009 Subordinated Unsecured Convertible Notes
shall not exceed $485,000,000 and all other terms of the 2009 Subordinated Unsecured
Convertible Notes shall not be materially less favorable to the Administrative Agent
or any Lender, or materially less favorable to any Loan Party, than the terms as to
such 2009 Subordinated Unsecured Convertible Notes as described in Exhibit 2009
EO Terms.
“2009 Subordinated Unsecured Convertible Note Documents” shall mean the 2009
Subordinated Unsecured Convertible Note Indenture and all other related documents
delivered with respect to the 2009 Subordinated Unsecured Convertible Notes, each in
form and substance reasonably satisfactory to the Administrative Agent.
“2009 Subordinated Unsecured Convertible Note Indenture” shall mean the
indenture pursuant to which the 2009 Subordinated Unsecured Convertible Notes are
issued having substantially the same terms as the terms of the indenture described
in the 2009 Exchange Offer Terms and otherwise in form and substance reasonably
satisfactory to the Administrative Agent.
“2009 Subordinated Unsecured Convertible Notes” shall mean Holdings’
Subordinated Convertible Notes due 2029 described in the 2009 Exchange Offer Terms.
“Second Amendment Effective Date” shall mean October 26, 2009.
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1.5 Section 1.04 of the Credit Agreement is amended by inserting the following new
sentence at the end thereof:
“Notwithstanding any other provision contained herein, all terms of an accounting or
financial nature used herein shall be construed, and all computations of amounts and
ratio referred to in Section 6.08 shall be made, without giving effect to
any election under Statement of Financial Accounting Standards 159 (or any other
Financial Accounting Standard having a similar result or effect) to value any
Indebtedness or other liabilities of any Loan Party or any Subsidiary of any Loan
Party at “fair value.”
1.6 Section 2.05(a) of the Credit Agreement is amended by replacing the phrase “equal
to 0.25% per annum” appearing therein with the phrase “equal to 0.50% per annum”.
1.7 Section 2.05(c)(ii) of the Credit Agreement is amended by replacing the phrase “to
the Issuing Bank a fronting fee (“Fronting Fee”), which shall accrue at the rate of 0.125% per
annum on the average daily amount of the LC Exposure” with the phrase “to the Issuing Bank a
fronting fee (“Fronting Fee”), which shall accrue at the rate charged by such Issuing Bank on the
average daily amount of the LC Exposure”.
1.8 Section 2.14(c) of the Credit Agreement is hereby amended by inserting the
following sentence immediately before the last sentence thereof:
“If a Non-Funding Lender or Impacted Lender receives any such payment as described
in the previous sentence, such Lender shall turn over such payments to
Administrative Agent in an amount that would satisfy the cash collateral
requirements set forth in Section 2.14(e).”
1.9 Section 2.14(e) of the Credit Agreement is hereby amended and restated to read in
its entirety as follows:
“(e) Administrative Agent shall be entitled to set off the funding shortfall against
any Non-Funding Lender’s Pro Rata Percentage of all payments received from the
Borrower and hold, in a non-interest bearing account, all payments received by
Administrative Agent for the benefit of any Non-Funding Lender pursuant to this
Agreement as cash collateral for any unfunded reimbursement obligations of such
Non-Funding Lender until the Obligations are paid in full in cash, all LC Exposure
have been discharged or cash collateralized and all Commitments have been
terminated, and upon such unfunded obligations owing by a Non-Funding Lender
becoming due and payable, Administrative Agent shall be authorized to use such cash
collateral to make such payment on behalf of such Non-Funding Lender. Any amounts
owing by a Non-Funding Lender to Administrative Agent which are not paid when due
shall accrue interest at the interest rate applicable during such period to Loans
that are ABR Loans.”
1.10 Section 2.14 of the Credit Agreement is hereby amended by inserting new
clause (f) therein, which shall read in its entirety as follows:
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“(f) The failure of any Non-Funding Lender to make any Loan, LC Exposure or any
payment required by it hereunder, or to fund any purchase of any participation to be
made or funded by it on the date specified therefor shall not relieve any other
Lender (each such other Revolving Lender, an “Other Lender”) of its obligations to
make such loan or fund the purchase of any such participation on such date, but
neither Administrative Agent nor, other than as expressly set forth herein, any
Other Lender shall be responsible for the failure of any Non-Funding Lender to make
a loan, fund the purchase of a participation or make any other payment required
hereunder. Notwithstanding anything set forth herein to the contrary, a Non-Funding
Lender shall not have any voting or consent rights under or with respect to any Loan
Document or constitute a “Lender” or a “Revolving Lender” (or be, or have its Loans
and Commitments, included in the determination of “Required Lenders”) for any voting
or consent rights under or with respect to any Loan Document. Moreover, for the
purposes of determining Required Lenders, the Loans and Commitments held by
Non-Funding Lenders shall be excluded from the total Loans and Commitments
outstanding.”
1.11 Section 2.17(b) of the Credit Agreement is hereby amended by inserting the
following new sentence at the end thereof:
“If no Revolving Lender is a Non-Funding Lender, the Swingline Lender may at any
time (and shall, no less frequently than once each week) forward a demand to
Administrative Agent (which Administrative Agent shall, upon receipt, forward to
each Revolving Lender) that each Revolving Lender pay to Administrative Agent, for
the account of the Swingline Lender, such Revolving Lender’s Pro Rata Percentage of
the outstanding Swingline Loans. If any Revolving Lender is a Non-Funding Lender,
that Non-Funding Lender’s reimbursement obligations with respect to the Swingline
Loans shall be reallocated to and assumed by the other Revolving Lenders pro rata in
accordance with their Pro Rata Percentages of the Loans (calculated as if the
Non-Funding Lender’s Pro Rata Percentage was reduced to zero and each other
Revolving Lender’s Pro Rata Percentage had been increased proportionately). If any
Revolving Lender is a Non-Funding Lender, upon receipt of the demand described
above, each Revolving Lender that is not a Non-Funding Lender will be obligated to
pay to Administrative Agent for the account of the Swingline Lender its pro rata
share of the outstanding Swingline Loans (increased as described above); provided
that no Revolving Lender shall be required to fund any amount which would result in
its outstanding Revolving Exposure to exceed its Revolving Commitment. Each
Revolving Lender shall pay the amount owing by it to Administrative Agent for the
account of the Swingline Lender on the Business Day following receipt of the notice
or demand therefor.”
1.12 Section 2.18(a) of the Credit Agreement is hereby amended by inserting the
following provisions at the end thereof:
“If (i) any Lender is a Non-Funding Lender or Administrative Agent determines that
any of the Lenders is an Impacted Lender and (ii) the reallocation of that
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Non-Funding Lender’s or Impacted Lender’s LC Exposure would reasonably be expected
to cause the Revolving Exposure of any Lender to exceed its Revolving Commitment,
taking into account the amount of outstanding Loans and expected advances of Loans
as determined by Administrative Agent, then no Letters of Credit may be issued or
renewed unless the Non-Funding Lender or Impacted Lender has been replaced, the LC
Exposure of that Non-Funding Lender or Impacted Lender have been cash
collateralized, or the Revolving Commitments of the other Lenders have been
increased by an amount sufficient to satisfy Administrative Agent that all future LC
Exposure will be covered by all Revolving Lenders who are not Non-Funding Lenders or
Impacted Lenders.”
1.13 Section 2.18(e) of the Credit Agreement is hereby amended by replacing the
sentence:
“Promptly following receipt by the Administrative Agent of any payment from Borrower
pursuant to this paragraph, the Administrative Agent shall, to the extent that
Revolving Lenders have made payments pursuant to this paragraph to reimburse the
Issuing Bank, distribute such payment to such Lenders and the Issuing Bank as their
interests may appear.”
appearing therein, with the following:
“If no Revolving Lender is a Non-Funding Lender, upon receipt of the notice
described above from the Administrative Agent, each Revolving Lender shall pay to
the Administrative Agent for the account of such Issuing Bank its Pro Rata
Percentage of the LC Exposure in respect of such unreimbursed L/C Disbursement in
the same manner as provided in Section 2.02(f) with respect to Loans made by
such Lender, and the Administrative Agent shall promptly pay to the Issuing Bank the
amounts so received by it from the Revolving Lenders. If any Revolving Lender is a
Non-Funding Lender, that Non-Funding Lender’s LC Exposure shall be reallocated to
and assumed by the other Revolving Lenders pro rata in accordance with their Pro
Rata Percentages of the Loans (calculated as if the Non-Funding Lender’s Pro Rata
Percentage was reduced to zero and each other Revolving Lender’s Pro Rata Percentage
had been increased proportionately). If any Revolving Lender is a Non-Funding
Lender, upon receipt of the notice described above from Administrative Agent, each
Revolving Lender that is not a Non-Funding Lender shall pay to Administrative Agent
for the account of such Issuing Bank its pro rata share (increased as described
above) of the LC Exposure that from time to time remain outstanding; provided that
no Revolving Lender shall be required to fund any amount which would result in its
Revolving Exposure to exceed its Revolving Commitment.”
1.14 Article V of the Credit Agreement is amended by inserting new Section
5.17 therein, which shall read in its entirety as follows:
“SECTION 5.17 2009 Subordinated Unsecured Convertible Note Documents.
Promptly on the date of the execution and delivery of the 2009
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Subordinated Unsecured Convertible Note Indenture, Borrower shall deliver to
the Administrative Agent an officer’s certificate, in form and substance reasonably
satisfactory to the Administrative Agent, certifying and representing that attached
thereto is the true, correct and complete copy of the 2009 Subordinated Unsecured
Convertible Note Indenture (together with all annexes, attachments, exhibits and
schedules attached thereto). All Obligations shall constitute “Senior Debt” and
“Designated Senior Debt” under the 2009 Subordinated Unsecured Convertible Note
Indenture, entitled to the benefits of the subordination provisions contained in the
2009 Subordinated Unsecured Convertible Note Indenture.”
1.15 Section 6.01(b) of the Credit Agreement is hereby amended by (i) replacing the
phrase “; and” appearing in clause (vi) thereof with a comma, (ii) replacing the period
appearing in clause (vii) thereof with the phrase “, and” and (iii) inserting new
clause (viii), which shall read in its entirety as follows:
“(viii) the 2009 Subordinated Unsecured Convertible Notes issued pursuant to the
2009 Subordinated Unsecured Convertible Note Indenture to consummate the 2009
Exchange Offer; provided, that the aggregate principal amount of all such
2009 Subordinated Unsecured Convertible Notes shall not exceed $485.0 million.”
1.16 Section 6.01(l) of the Credit Agreement is amended by (x) deleting the word “or”
appearing at the end of clause (v) thereof, (y) replacing the period at the end of clause
(vi) with the phrase “; and” and (z) inserting new clause (vii), which shall read in its
entirety as follows:
“(vii) of Holdings in respect of Indebtedness (including Indebtedness arising under
Hedging Agreements) of any Foreign Subsidiary; provided, however,
that (A) such Contingent Obligations of Holdings with respect to all Foreign
Subsidiaries do not exceed the Dollar Equivalent of $150.0 million in the aggregate
at any time and (B) no such Contingent Obligation may be issued, created, incurred
or assumed by Holdings unless average daily Excess Availability for the 90-day
period preceding the incurrence of such Contingent Obligation exceeds $75.0 million
and is reasonably expected to exceed $75.0 million for at least 90 days following
the date of issuance, creation, incurrence or assumption of such Contingent
Obligation.”
1.17 Section 6.01 of the Credit Agreement is hereby further amended by (i) replacing
the phrase “; and” appearing in clause (o) thereof with a semi-colon, (ii) re-lettering the
existing clause (p) thereof as clause (q) thereof and (ii) inserting new clause
(p), which shall read in its entirety as follows:
“(p) extensions of credit to one or more Loan Parties by one or more financial
institutions or other Persons reasonably acceptable to the Administrative Agent
(each a “Commercial Card Program Provider”) pursuant to commercial card
programs and other commercial card services provided by such Commercial Program
Providers for payments to vendors of such Loan Parties who elect to
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participate in such commercial card programs (the “Commercial Card
Programs”); provided that the maximum aggregate credit limit available
to all Loan Parties for purchases and cash advances under all Commercial Card
Programs does not exceed $10,000,000 at any one time; provided,
further, that additional charges or interest shall be payable under the
terms of any of the Commercial Card Programs only with respect to late payments
thereunder and no such additional charges or interest shall accrue or be payable
thereunder if the Loan Parties pay all amounts owing under each Commercial Card
Program currently, by the original due date required thereunder; provided,
further, that if any such Loan Party maintains one or more deposit or other
accounts with any such Commercial Card Program Provider, such Commercial Card
Provider shall, on or before the establishment of the applicable Commercial Card
Program and the execution and delivery of the relevant agreements and documents,
waive its rights of offset against all such deposit or other accounts pursuant to
documentation reasonably satisfactory to the Administrative Agent; and”
1.18 Section 6.04(d)(ii) of the Credit Agreement is amended and restated to read in
its entirety as follows:
“(ii) Borrower or any Borrowing Base Guarantor may make and/or permit to remain
outstanding intercompany loans and advances to any Foreign Subsidiary (other than
intercompany advances to General Cable Spain on or about the Closing Date that give
rise to the GCC Spain Closing Date Intercompany Debt and intercompany advances to
General Cable Brazil Holdings on or about the Closing Date that give rise to the GCC
Brazil Closing Date Intercompany Debt) in an aggregate amount not to exceed with
respect to all such loans and advances made or permitted to remain outstanding to
all Foreign Subsidiaries, together with the aggregate amount of all outstanding
deposits described in Section 6.02(t) and together with the aggregate
outstanding amount of Investments with respect to all Foreign Subsidiaries described
in and determined in accordance with Section 6.04(g)(iv)(B), the Dollar
Equivalent (determined with respect to the outstanding amount of each such loan or
advance on the basis of an exchange rate as in effect at the time such loan or
advance is made and, with respect to each subsequent payment or repayment of such
loan or advance reducing the outstanding amount thereof, at the time such payment or
repayment is made) of $233.0 million outstanding at any time (and Borrower hereby
represents and warrants to the Lenders that the aggregate amount of all such loans
and advances outstanding on the Second Amendment Effective Date is equal to
$33,016,281, as more fully shown in Schedule 6.04(d)(ii) attached hereto);
provided, however, that no such intercompany loan or advance shall be made
after the Second Amendment Effective Date unless average daily Excess Availability
for the 90-day period preceding the funding of such intercompany loan or advance
would have exceeded $75.0 million (after giving effect to any Revolving Loans funded
in connection therewith as if made on the first day of such period) and is
reasonably expected to exceed $75.0 million for at least 90 days following the
funding of such intercompany loan or advance,”
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1.19 Section 6.04(g)(iv) of the Credit Agreement is amended and restated to read in
its entirety as follows:
“(iv) (A) by Borrower or any Borrowing Base Guarantor in Foreign Subsidiaries that
are outstanding on the Second Amendment Effective Date, and
(B) made after the Second Amendment Effective Date by (x) Borrower or any
Borrowing Base Guarantor in any Foreign Subsidiary and (y) General Cable Overseas
Holdings and GC Global Holdings in any Overseas/GC Global Entity to the extent such
Investment constitutes a General Cable Minority Shareholding Maintenance Investment,
as long as the aggregate outstanding amount of such Investments in all Foreign
Subsidiaries described in the foregoing clauses (x) and (y) does not exceed,
together with the aggregate amount of all outstanding deposits described in
Section 6.02(t), and together with the aggregate outstanding amount of
intercompany loans and advances with respect to all Foreign Subsidiaries described
in and determined in accordance with Section 6.04(d)(ii), the Dollar
Equivalent (determined with respect to the outstanding amount of each such
Investment on the basis of an exchange rate as in effect at the time such Investment
is made and, with respect to each subsequent payment or return of capital on such
Investment reducing the outstanding amount thereof, at the time such payment or
return of capital is made) of $233.0 million in the aggregate at any time;
provided, however, that no such Investment shall be made unless
average daily Excess Availability for the 90-day period preceding the funding of
such Investment would have exceeded $75.0 million (after giving effect to any
Revolving Loans funded in connection therewith as if made on the first day of such
period) and is reasonably expected to exceed $75.0 million for at least 90 days
following the funding of such Investment, and
1.20 Section 6.04(m)(ii)(y) of the Credit Agreement is amended by replacing the phrase
“pursuant to clause (iii) of Section 6.19” appearing therein with the phrase “pursuant to
Section 6.01(c), Section 6.01(d), clauses (i), (ii), (iii)
and (iv) of Section 6.01(l), Section 6.01(p) and clauses (2),
(3), (4) and (5) of Section 6.19(iii)”.
1.21 Section 6.04(m)(iii) of the Credit Agreement is amended and restated to read in
its entirety as follows:
“(iii) Holdings’ paying, so long as all proceeds thereof are in fact promptly used
by Holdings to pay, (x) scheduled installments of interest on (A) the Convertible
Senior Notes, (B) the Qualified Senior Notes, (C) the Fixed Rate Senior Unsecured
Notes and the Floating Rate Senior Unsecured Notes, (D) the 2007 Senior Unsecured
Convertible Notes, and (E) the 2009 Subordinated Unsecured Convertible Notes
(provided that, for the 2009 Subordinated Unsecured Convertible Notes,
scheduled installments of interest permitted hereunder shall include any and all
payments of “Contingent Interest” and “Additional Interest” provided for under the
2009 Subordinated Unsecured Convertible Note Indenture), to the extent such payment
is permitted by the subordination provisions of the 2009 Subordinated Unsecured
Convertible Note Indenture, and
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(y) in connection with the 2009 Exchange Offer, all accrued and unpaid interest in
an amount not to exceed $2.375 million on any 2007 Senior Unsecured Convertible
Notes exchanged for 2009 Subordinated Unsecured Convertible Notes;”
1.22 Section 6.04(m)(vi)(z) is amended by:
(a) replacing the phrase “the 2007 Senior Unsecured Convertible Notes and/or the Convertible
Senior Notes” appearing therein with the following phrase:
“the 2007 Senior Unsecured Convertible Notes, the Convertible Senior Notes and/or
the 2009 Subordinated Unsecured Convertible Notes (including Holdings’ making
payments in connection with conversions of the 2007 Senior Unsecured Convertible
Notes, the 2009 Subordinated Unsecured Convertible Notes and/or the Convertible
Senior Notes as provided for in the 2007 Senior Unsecured Convertible Note
Indenture, the 2009 Subordinated Unsecured Convertible Note Indenture or the
Convertible Senior Note Indenture (as applicable), and as necessary to each of the
holders of the 2007 Senior Unsecured Convertible Note in connection with the 2009
Exchange Offer for the principal amount of any 2009 Subordinated Unsecured
Convertible Notes that would otherwise be issued to each such holder in such
exchange but which cannot be so issued due to the fact that the 2009 Subordinated
Unsecured Convertible Notes will be issued only in minimum denominations of $1,000
and integral multiples thereof)” and
(b) replacing the phrase “the Third Amendment Date” appearing therein with the phrase
“September 21, 2007”.
1.23 Section 6.04(m) of the Credit Agreement is further amended by (x) deleting the
word “and” appearing at the end of clause (v) thereof and (y) inserting new clauses
(vii) and (viii), which shall read in their entirety as follows:
“(vii) Holdings’ paying the Contingent Obligations incurred in reliance on and to
the extent permitted by Section 6.01(l)(vii) that have become due and
payable in accordance with the term thereof as long as average daily Excess
Availability for the 90-day period preceding each such loan or advance would have
exceeded $75.0 million (after giving effect to any Revolving Loans funded in
connection therewith as if made on the first day of such period) and is reasonably
expected to exceed $75.0 million for at least 90 days following such loan or
advance; and
(viii) Holdings’ repurchasing, so long as all proceeds thereof are in fact promptly
used by Holdings to repurchase, at any time during the period beginning on the
Second Amendment Effective Date and ending on the first anniversary of the Second
Amendment Effective Date, all shares of its Convertible Preferred Stock then
outstanding as long as such loans and advances in the aggregate shall not exceed
$5.0 million less any Restricted Payments made pursuant to
Section 6.06(d)(viii);”
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1.24 Section 6.04(m) of the Credit Agreement is further amended by amending the phrase
“each loan and advance referenced in clauses (i), (ii), (iii),
(iv), (v) and (vi) above” appearing in the proviso thereof with the phrase “each loan and advance referenced in
clauses (i), (ii), (iii), (iv), (v), (vi),
(vii) and (viii) above”.
1.25 Section 6.04(n) of the Credit Agreement is amended by inserting the following
phrase immediately after the phrase “Dollar Equivalent” each time such phrase appears therein:
“(determined with respect to the outstanding amount of each such Investment on
the basis of an exchange rate as in effect at the time such Investment is made and,
with respect to each subsequent payment or return of capital on such Investment
reducing the outstanding amount thereof, at the time such payment or return of
capital is made)”
1.26 Section 6.04(o) of the Credit Agreement is further amended and restated to read
in its entirety as follows:
“(o) any Foreign Subsidiary may make Investments in (i) Joint Ventures and/or
(ii) Hedging Agreements and/or any other futures contract or contracts to be liable
for the purchase or sale of currency or other commodities at a future date in the
nature of a futures contract;”
1.27 Section 6.06(d)(ii)(y) of the Credit Agreement is amended by replacing the phrase
“pursuant to clause (iii) of Section 6.19” appearing therein with the phrase “pursuant to
Section 6.01(c), Section 6.01(d), clauses (i), (ii), (iii),
and (iv) of Section 6.01(l), Section 6.01(p) and clauses (2),
(3), (4) and (5) of Section 6.19(iii)”.
1.28 Section 6.06(d)(iii) of the Credit Agreement is further amended and restated to
read in its entirety as follows:
“(iii) Holdings’ paying, so long as all proceeds thereof are in fact promptly
used by Holdings to pay, (x) scheduled installments of interest on (A) the
Convertible Senior Notes, (B) the Qualified Senior Notes, (C) the Fixed Rate Senior
Unsecured Notes and the Floating Rate Senior Unsecured Notes, (D) the 2007 Senior
Unsecured Convertible Notes, and (E) the 2009 Subordinated Unsecured Convertible
Notes (provided that, for the 2009 Subordinated Unsecured Convertible Notes,
scheduled installments of interest permitted hereunder shall include any and all
payments of “Contingent Interest” and “Additional Interest” provided for under the
2009 Subordinated Unsecured Convertible Note Indenture) to the extent such payment
is permitted by the subordination provisions of the 2009 Subordinated Unsecured
Convertible Note Indenture and (y) in connection with the 2009 Exchange Offer, all
accrued and unpaid interest in an amount not to exceed $2.375 million) on any 2007
Senior Unsecured Convertible Notes exchanged for 2009 Subordinated Unsecured
Convertible Notes (and to the extent so permitted, Holdings may make such
payments);”
1.29 Section 6.06(d)(vi)(z) is amended by:
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(a) replacing the phrase “the 2007 Senior Unsecured Convertible Notes and/or the Convertible
Senior Notes” appearing therein with the following phrase:
“the 2007 Senior Unsecured Convertible Notes, the Convertible Senior Notes and/or
the 2009 Subordinated Unsecured Convertible Notes (including Holdings’ making
payments in connection with conversions of the 2007 Senior Unsecured Convertible
Notes, the 2009 Subordinated Unsecured Convertible Notes and/or the Convertible
Senior Notes as provided for in the 2007 Senior Unsecured Convertible Note
Indenture, the 2009 Subordinated Unsecured Convertible Note Indenture or the
Convertible Senior Note Indenture (as applicable), and as necessary to each of the
holders of the 2007 Senior Unsecured Convertible Note in connection with the 2009
Exchange Offer for the principal amount of any 2009 Subordinated Unsecured
Convertible Notes that would otherwise be issued to each such holder in such
exchange but which cannot be so issued due to the fact that the 2009 Subordinated
Unsecured Convertible Notes will be issued only in minimum denominations of $1,000
and integral multiples thereof)” and
(b) replacing the phrase “the Third Amendment Date” appearing therein with the phrase
“September 21, 2007”.
1.30 Section 6.06(d) of the Credit Agreement is further amended by (x) deleting the
word “and” appearing at the end of clause (v) thereof and (y) inserting new clauses
(vii) and (viii), which shall read in their entirety as follows:
“(vii) Holdings’ paying the Contingent Obligations incurred in reliance on and to
the extent permitted by Section 6.01(l)(vii) that have become due and
payable in accordance with the term thereof as long as average daily Excess
Availability for the 90-day period preceding each such Restricted Payment would have
exceeded $75.0 million (after giving effect to any Revolving Loans funded in
connection therewith as if made on the first day of such period) and is reasonably
expected to exceed $75.0 million for at least 90 days following such Restricted
Payment; and
(viii) Holdings’ repurchasing, so long as all proceeds thereof are in fact
promptly used by Holdings to repurchase, at any time during the period beginning on
the Second Amendment Effective Date and ending on the first anniversary of the
Second Amendment Effective Date, all shares of its Convertible Preferred Stock then
outstanding as long as such Restricted Payments in the aggregate shall not exceed,
together with the intercompany loans and advances under
Section 6.04(m)(viii), $5.0 million (and Holdings may make such
repurchase);”
1.31 Section 6.06 of the Credit Agreement is further amended by (x) deleting the word
“and” appearing at the end of clause (k) thereof, (y) replacing the period at the end of
clause (l) thereof with “; and” and (z) inserting new clause (m), which shall read
in its entirety as follows:
“(m) Holdings may make payments with respect to the 2009 Subordinated Unsecured
Convertible Notes that are either (x) required under the 2009 Subordinated Unsecured
Convertible Note Indenture or (y) otherwise expressly
12
permitted under this Agreement, in each case to the extent such payment is permitted by the subordination
provisions of the 2009 Subordinated Unsecured Convertible Note Indenture.”
1.32 Section 6.09(vi) of the Credit Agreement is amended and restated to read in its
entirety as follows:
(vi) (A) except as permitted by Section 6.04(m)(vi)(z) or Section
6.06(d)(vi)(z) hereof, make (or give any notice in respect thereof) any
voluntary or optional payment or prepayment on or redemption or acquisition for
value of any Indebtedness outstanding under the 2007 Senior Unsecured Convertible
Notes or (B) except for any repurchase, redemption or conversion of all or any
portion of the 2007 Senior Unsecured Convertible Notes that Holdings is required to
make pursuant to and in accordance with the 2007 Senior Unsecured Convertible Note
Indenture, make (or give any notice in respect thereof) any payment, prepayment,
redemption or acquisition for value as a result of any asset sale, change of control
or similar event of, any Indebtedness outstanding under the 2007 Senior Unsecured
Convertible Notes;”
1.33 Section 6.09(viii) of the Credit Agreement is amended and restated to read in its
entirety as follows:
(vi) (A) except as permitted by Section 6.04(m)(vi)(z) or Section
6.06(d)(vi)(z) hereof, make (or give any notice in respect thereof) any
voluntary or optional payment or prepayment on or redemption or acquisition for
value of any Indebtedness outstanding under the Convertible Senior Notes or (B)
except for any repurchase, redemption or conversion of all or any portion of the
Convertible Senior Notes that Holdings is required to make pursuant to and in
accordance with Convertible Senior Note Indenture, make (or give any notice in
respect thereof) any payment, prepayment, redemption or acquisition for value as a
result of any asset sale, change of control or similar event of, any Indebtedness
outstanding under the Convertible Senior Notes;”
1.34 Section 6.09 of the Credit Agreement is further amended by (x) deleting the word
“or” appearing at the end of clause (x) thereof, (y) re-lettering the existing clause
(xi) thereof as clause (xiii) thereof and (ii) inserting new clauses (xi) and
(xii), which shall read in their entirety as follows:
“(xi) (A) except as permitted by Section 6.04(m)(vi)(z) or Section
6.06(d)(vi)(z) hereof, make (or give any notice in respect thereof) any
voluntary or optional payment or prepayment on or redemption or acquisition for
value of any Indebtedness outstanding under the 2009 Subordinated Unsecured
Convertible Notes, or (B) except for any repurchase, redemption or conversion of all
or any portion of the 2009 Subordinated Unsecured Convertible Notes that Holdings is
required to make pursuant to and in accordance with the 2009 Subordinated Unsecured
Convertible Note Indenture, make (or give any notice in respect thereof) any
payment, prepayment, redemption or acquisition for value as a result
13
of any asset sale, change of control or similar event of any Indebtedness outstanding under the
2009 Subordinated Unsecured Convertible Notes; (xii) amend or modify, or permit the
amendment or modification of, any provision of any 2009 Subordinated Unsecured
Convertible Notes or any agreement (including any 2009 Subordinated Unsecured
Convertible Note Document) relating thereto other than amendments or modifications which do not in any way materially adversely
affect the interests of the Lenders and which are effected to make technical
corrections to the respective documentation; or”
1.35 Section 6.10(iii) of the Credit Agreement is amended and restated to read in its
entirety as follows:
“(iii) (A) the Convertible Senior Note Documents, (B) the Qualified Senior Note
Documents, (C) the Senior Unsecured Note Documents, (D) the 2007 Senior Unsecured
Convertible Note Documents and (E) the 2009 Subordinated Unsecured Convertible Note
Documents;”
1.36 Section 6.16 of the Credit Agreement is amended and restated to read in its
entirety as follows:
“SECTION 6.16 No Negative Pledges. Directly or indirectly enter into or
assume any agreement (other than (A) this Agreement, (B) the Convertible Senior Note
Documents (B) the Qualified Senior Note Documents, (C) the Senior Unsecured Note
Documents, (D) the 2007 Senior Unsecured Convertible Note Documents and (E) the 2009
Subordinated Unsecured Convertible Note Documents) prohibiting the creation or
assumption of any Lien upon the properties or assets of any Company (other than a
Foreign Subsidiary), whether now owned or hereafter acquired, except for Property
subject to purchase money security interests, operating leases and capital leases.”
1.37 Section 6.19 of the Credit Agreement is amended by replacing the phrase “(and
Indebtedness evidenced by Qualified Senior Notes, the Convertible Senior Notes, the Fixed Rate
Senior Unsecured Notes, the Floating Rate Senior Unsecured Notes and the 2007 Senior Unsecured
Convertible Notes)” appearing therein with the phrase “(and Indebtedness evidenced by Qualified
Senior Notes, the Convertible Senior Notes, the Fixed Rate Senior Unsecured Notes, the Floating
Rate Senior Unsecured Notes, the 2007 Senior Unsecured Convertible Notes and the 2009 Subordinated
Unsecured Convertible Notes)”.
1.38 Article XI of the Credit Agreement is amended by inserting new Section
11.18 therein, which shall read in its entirety as follows:
“SECTION 11.18 Designated Senior Debt under 2009 Subordinated Unsecured
Convertible Note Documents. All Obligations and indebtedness constituting
Obligations are hereby designated as “Designated Senior Debt” for purposes of 2009
Subordinated Unsecured Convertible Note Indenture.
1.39 Schedule 6.04(d)(ii) attached hereto is inserted in the Credit Agreement as
Schedule 6.04(d)(ii) thereto.
14
1.40 Exhibit 2009 EO Terms attached hereto is inserted in the Credit Agreement as
Exhibit 2009 EO Terms thereto.
Section 2. Conditions to Effectiveness.
2.1 This Amendment (other than the insertion of the additional defined terms “Impacted
Lender”, “Lender-Related Distress Event” and “Non-Funding Lender” pursuant to Section 1.3
of this Amendment and other than Sections 1.8, 1.9, 1.10, 1.11,
1.12. and 1.13 of this Amendment) shall be effective upon satisfaction of the
following conditions precedent:
(a) This Amendment shall have been executed and delivered by the Required Lenders and the Loan
Parties;
(b) The representations and warranties contained herein shall be true and correct in all
material respects on and as of the date hereof as if made on the date hereof, except to the extent
that such representations and warranties expressly relate to an earlier date;
(c) No Event of Default or Default shall exist on the date hereof;
(d) Borrower shall have paid to the Administrative Agent for the benefit of each Lender that
consents to this Amendment and delivers (and releases) to the Administrative Agent executed
counterpart to this Amendment on or prior to 5:00 p.m. (New York time) on October 26, 2009, in
immediately available funds, an amendment fee equal to the product of (A) 0.001 multiplied by
(B) the amount of the Commitment held by such Lender on the date of this Amendment (it being
understood and agreed that such amendment fee shall be fully earned and non-refundable when paid);
(e) A certificate of the Secretary or Assistant Secretary of each Loan Party dated as of the
date hereof and certifying that attached thereto is a true and complete copy of resolutions duly
adopted by the Board of Directors of such Loan Party authorizing the execution, delivery and
performance of this Amendment and that such resolutions have not been modified, rescinded or
amended and are in full force and effect; and
(f) The Administrative Agent shall have received such other documents as it may reasonably
require.
2.2 The insertion of the additional defined terms “Impacted Lender”, “Lender-Related Distress
Event” and “Non-Funding Lender” pursuant to Section 1.3 of this Amendment and Sections
1.8, 1.9, 1.10, 1.11, 1.12. and 1.13 of this Amendment
shall be effective upon satisfaction of each of the conditions precedent set forth in Section
2.1 above and upon the execution and delivery of this Amendment by each Lender.
Section 3. Representations and Warranties of Loan Parties.
3.1 The execution, delivery and performance by each Loan Party of this Amendment has been duly
authorized by all necessary corporate action and this Amendment is a legal, valid
15
and binding obligation of such Loan Party enforceable against such Loan Party in accordance with its terms,
except as the enforcement thereof may be subject to (i) the effect of any applicable bankruptcy,
insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally and
(ii) general principles of equity (regardless of whether such enforcement is sought in a proceeding
in equity or at law);
3.2 Each of the representations and warranties contained in the Credit Agreement is true and
correct in all material respects on and as of the date hereof as if made on the date hereof, except
to the extent that such representations and warranties expressly relate to an earlier date; and
3.3 Neither the execution, delivery and performance of this Amendment by each Loan Party nor
the consummation of the transactions contemplated hereby does or shall contravene, result in a
breach of, or violate (i) any provision of such Loan Party’s certificate or articles of
incorporation or bylaws, (ii) any law or regulation, or any order or decree of any court or
government instrumentality, or (iii) any indenture, mortgage, deed of trust, lease, agreement or
other instrument to which such Loan Party or any of its Subsidiaries is a party or by which such
Loan Party or any of its Subsidiaries or any of their property is bound, except in any such case to
the extent such conflict or breach has been waived by a written waiver document, a copy of which
has been delivered to the Agents on or before the date hereof.
Section 4. Reference to and Effect upon the Credit Agreement.
4.1 Except as specifically set forth above, the Credit Agreement and the other Loan Documents
shall remain in full force and effect and are hereby ratified and confirmed.
4.2 The execution, delivery and effectiveness of this Amendment shall not operate as a waiver
of any right, power or remedy of any Agent or any Lender under the Credit Agreement or any other
Loan Document, nor constitute an amendment of any provision of the Credit Agreement or any other
Loan Document, except as specifically set forth herein. Upon the effectiveness of this Amendment,
each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or
words of similar import shall mean and be a reference to the Credit Agreement as amended hereby.
4.3 Each Loan Party acknowledges and agrees that the execution and delivery by Agents and
Required Lenders of this Amendment shall not be deemed (i) to create a course of dealing or
otherwise obligate Agents or Lenders to forbear, waive, consent or execute similar amendments under
the same or similar circumstances in the future, or (ii) to amend, relinquish or impair any right
of Agents or Lenders to receive any indemnity or similar payment from any Person or entity as a
result of any matter arising from or relating to this Amendment.
4.4 Each Loan Party affirms and acknowledges that this Amendment constitutes a Loan Document
under the Credit Agreement and any reference to the Loan Documents under the Credit Agreement
contained in any notice, request, certificate or other document executed concurrently with or after
the execution and delivery of this Amendment shall be deemed to include this Amendment unless the
context shall otherwise specify.
16
Section 5. Costs and Expenses. As provided in Section 11.03 of the Credit
Agreement, Borrower agrees to reimburse Agents for all fees, costs and expenses, including the
fees, costs and expenses of counsel or other advisors for advice, assistance, or other
representation in connection with this Amendment.
Section 6. GOVERNING LAW. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND
GOVERNED BY THE LAW OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THAT WOULD REQUIRE THE APPLICATION OF THE LAWS OF
ANOTHER JURISDICTION.
Section 7. Headings. Section headings in this Amendment are included herein for
convenience of reference only and shall not constitute a part of this Amendment for any other
purposes.
Section 8. Counterparts. This Amendment may be executed in any number of counterparts,
each of which when so executed shall be deemed an original, but all such counterparts shall
constitute one and the same instrument. In the event that any signature is delivered by facsimile
transmission, such signature shall create a valid and binding obligation of the party executing (or
on whose behalf the signature is executed) the same with the same force and effect as if such
facsimile signature page were an original thereof, and such party shall promptly follow its
facsimile signature page by mailing of a hard copy original.
[Signature Pages Follow]
17
IN WITNESS WHEREOF, the parties hereto have executed and delivered this Amendment as of the
date first written above.
BORROWER: | ||||||
GENERAL CABLE INDUSTRIES, INC., as the Borrower | ||||||
By: | /s/ Xxxxxx X. Xxxxxx | |||||
Name: | ||||||
Title: | ||||||
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
AGENTS: | ||||||
GE BUSINESS FINANCIAL SERVICES INC. (formerly known as Xxxxxxx Xxxxx Business Financial Services Inc.), as a Lender, Swingline Lender, Administrative Agent and Collateral Agent |
||||||
By: | /s/ XXXXXX X. XXXXXXX | |||||
Name: | XXXXXX X. XXXXXXX |
|||||
Title: | DULY AUTHORIZED SIGNATORY |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
GENERAL ELECTRIC
CAPITAL CORPORATION, as a Lender |
||||||
By: | /s/ XXXXXX X. XXXXXXX | |||||
Name: | XXXXXX X. XXXXXXX |
|||||
Title: | DULY AUTHORIZED SIGNATORY |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
JPMORGAN CHASE BANK,
N.A., as a Lender |
||||||
By: | /s/ XXXXXXX X. XXXXXX | |||||
Name: | XXXXXXX
X. XXXXXX |
|||||
Title: | ASSISTANT VICE PRESIDENT |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
RZB Finance LLC, as a Lender |
||||||
By: | /s/ XXXXXXXXX XXXXX | |||||
Name: | XXXXXXXXX XXXXX |
|||||
Title: | First Vice President | |||||
By: | /s/ XXXXXXX XXXXXX | |||||
Name: | XXXXXXX XXXXXX |
|||||
Title: | Vice President |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
STANDARD CHARTERED BANK, as a Lender |
||||||
By: | /s/ XXXXX X. XXXXXX | |||||
Name: | XXXXX X. XXXXXX |
|||||
Title: | DIRECTOR | |||||
By: | /s/ XXXXXX X. XXXXXXXXXX | |||||
Name: | XXXXXX X. XXXXXXXXXX |
|||||
Title: | AVP/CREDIT DOCUMENTATION CREDIT RISK CONTROL STANDARD CHARTERED BANK N.Y. |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
WACHOVIA CAPITAL FINANCE CORPORATION (CENTRAL), as a Lender |
||||||
By: | /s/ Xxxxx Xxxxxxxx | |||||
Name: | Xxxxx
Xxxxxxxx |
|||||
Title: | Vice President |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
CALYON NEW YORK
BRANCH, as a Lender |
||||||
By: | /s/ Xxxxxx Xxxxxxx | |||||
Name: | Xxxxxx Xxxxxxx |
|||||
Title: | Director | |||||
By: | /s/ Xxxxx Xxxxxx | |||||
Name: | Xxxxx Xxxxxx |
|||||
Title: | Managing Director |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
UPS CAPITAL CORPORATION, as a Lender |
||||||
By: | /s/ Xxxxxxx Xxxxxx | |||||
Name: | Xxxxxxx Xxxxxx |
|||||
Title: | Senior Client Account Manager |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
PNC Bank, National Association, as a Lender |
||||||
By: | /s/ Xxxxx X. Xxxxxxx | |||||
Name: | Xxxxx X. Xxxxxxx |
|||||
Title: | Vice President |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
Capital One Leverage Finance Corporation, as a Lender |
||||||
By: | /s/ Xxx Xxxxxxxx | |||||
Name: | Xxx Xxxxxxxx |
|||||
Title: | Vice President |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
Bank of America, N.A., as a Lender |
||||||
By: | /s/ Xxxxxx X. Xxxxxxxx | |||||
Name: | Xxxxxx X. Xxxxxxxx |
|||||
Title: | V.P. |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
LENDERS: | ||||||
NATIONAL CITY
BUSINESS CREDIT, INC. as a Lender |
||||||
By: | /s/ XXXXXXX X. XXXXXX | |||||
Name: | XXXXXXX
X. XXXXXX |
|||||
Title: | VICE PRESIDENT |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
GENERAL CABLE COMPANY GENERAL CABLE CORPORATION GK TECHNOLOGIES, INCORPORATED GENERAL CABLE INDUSTRIES, LLC GENERAL CABLE TECHNOLOGIES CORPORATION GENERAL CABLE TEXAS OPERATIONS, L.P. each as a Loan Party, Borrowing Base Guarantor and Guarantor |
||||||
By: | /s/ Xxxxxx X. Xxxxxx | |||||
Title: Executive Vice President and Secretary |
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
MARATHON MANUFACTURING HOLDINGS, INC. GENERAL CABLE MANAGEMENT LLC DIVERSIFIED CONTRACTORS, INC. MLTC COMPANY MARATHON STEEL COMPANY XXXXXX DODGE INTERNATIONAL CORPORATION XXXXXX DODGE ENFIELD CORPORATION PD WIRE & CABLE SALES CORPORATION GENCA CORPORATION GENERAL CABLE CANADA LTD. GC GLOBAL HOLDINGS, INC. GEPCO INTERNATIONAL, INC. ISOTEC, INC., each as a Loan Party and Guarantor |
||||
By: /s/ Xxxxxx X. Xxxxxx | ||||
Name: | Xxxxxx X. Xxxxxx | |||
Title: | Executive Vice President and Secretary | |||
XXXXXX DODGE NATIONAL CABLES
CORPORATION, as a Loan Party and Guarantor |
||||
By: /s/ Xxxxxx X. Xxxxxx | ||||
Name: | Xxxxxx X. Xxxxxx | |||
Title: | Executive Vice President and Secretary | |||
XXXXXX DODGE AFRICA CABLE
CORPORATION, as a Loan Party and Guarantor |
||||
By: /s/ Xxxxxx X. Xxxxxx | ||||
Name: | Xxxxxx X. Xxxxxx | |||
Title: | Executive Vice President and Secretary | |||
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement
GENERAL CABLE OVERSEAS
HOLDINGS, LLC,
as a Loan Party and Guarantor |
||||
By: | GK TECHNOLOGIES, INCORPORATED, its sole member | |||
By: | /s/ Xxxxxx X. Xxxxxx | |||
Name: | Xxxxxx X. Xxxxxx | |||
Title: | Executive Vice President and Secretary | |||
Signature Page to the Second Amendment to
Third Amended and Restated Credit Agreement
Third Amended and Restated Credit Agreement