Exhibit 4.11
AMENDMENT NO. 3 TO CREDIT AGREEMENT
This Amendment No. 3 to Credit Agreement (this "Agreement") dated as of
March 19, 2004 is made by and among BLOCK COMMUNICATIONS, INC., an Ohio
corporation ("Block" or the "Borrower"), BANK OF AMERICA, N.A., in its capacity
as administrative agent (in such capacity, the "Administrative Agent"), each of
the Lenders (as defined in the Credit Agreement, defined below) signatory
hereto, and each of the Guarantors (as defined in the Credit Agreement)
signatory hereto.
W I T N E S S E T H:
WHEREAS, the Borrower, the Administrative Agent and each of the Lenders
have entered into that certain Credit Agreement dated as of May 15, 2002, as
amended by that certain Amendment No. 1 to Credit Agreement dated as of
September 12, 2002, and as further amended by that certain Amendment No. 2 to
Credit Agreement dated as of September 30, 2003 (as so amended, as hereby
amended, and as from time to time hereafter further amended, modified,
supplemented, restated, or amended and restated, the "Credit Agreement";
capitalized terms as used in this Agreement not otherwise defined herein shall
have the respective meanings given thereto in the Credit Agreement), pursuant to
which the Lenders have made available to the Borrower a revolving credit
facility (including a letter of credit facility and a swing line facility) and
two term loan facilities; and
WHEREAS, each of the Guarantors has entered into a Guaranty pursuant to
which it has guaranteed certain or all of the obligations of the Borrower under
the Credit Agreement and the other Loan Documents; and
WHEREAS, the Borrower has advised the Administrative Agent and the
Lenders that it desires to amend certain provisions of the Credit Agreement as
set forth below, and the Administrative Agent and the Lenders have agreed so to
amend the Credit Agreement on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the premises and further valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto agree as follows:
1. Amendments to Credit Agreement. Subject to the terms and conditions
set forth herein, the Credit Agreement is hereby amended as follows:
(a) The definition of "Fixed Charge Coverage Ratio" in Section
1.01 of the Credit Agreement is hereby deleted in its entirety.
(b) The definition of "Swing Line Loan Notice" in Section 1.01
of the Credit Agreement is hereby deleted in its entirety and replaced
with the following:
"Swing Line Loan Notice" means a notice of a Swing
Line Borrowing pursuant to Section 2.05(b), which, if in
writing, shall be substantially in the form
of Exhibit B or in such other form as is acceptable to the
applicable Swing Line Lender and the Administrative Agent.
(c) The following new definition is hereby added to Section
1.01 of the Credit Agreement in its proper alphabetical order:
"Consolidated Coverage Ratio" means with respect to
the Borrower and its Subsidiaries for any Four-Quarter Period
ending on the date of computation thereof, the ratio of (i)
Consolidated EBITDA for such period to (ii) Consolidated Debt
Service for such period.
(d) The following new definition is hereby added to Section
1.01 of the Credit Agreement in its proper alphabetical order:
"Consolidated Debt Service" means with respect to the
Borrower and its Subsidiaries for any period ending on the
date of computation thereof, the sum of (a) Consolidated
Interest Charges for the Four-Quarter Period ending on the
date of computation thereof, plus (b) payments of principal on
Indebtedness of the Borrower and its Subsidiaries scheduled to
be made during the period of four fiscal quarters of the
Borrower following the date of computation thereof, including
for purposes of this part (b) amounts under the Revolving
Credit Facility outstanding on the date of computation in
excess of the amount of Aggregate Revolving Credit Commitments
scheduled to be in effect at the end of that period after
giving effect to all scheduled reductions of the Aggregate
Revolving Credit Commitments during such period, but excluding
from this part (b) payments of principal on the Subordinated
Indebtedness.
(e) Section 7.03(e) is hereby amended by deleting the
reference to "$5,000,000" contained therein and inserting "$10,000,000"
in lieu thereof.
(f) Section 7.12(a) is hereby amended by deleting the table
contained therein in its entirety and replaced such table with the
following:
----------------------------------------------------------------------------
Four-Quarter Period ending Maximum Total Leverage Ratio
----------------------------------------------------------------------------
March 31, 2002,
June 30, 2002, and 5.75 to 1.00
September 30, 2002
----------------------------------------------------------------------------
December 31, 2002,
March 31, 2003,
June 30, 2003,
September 30, 2003, 5.50 to 1.00
December 31, 2003,
----------------------------------------------------------------------------
2
----------------------------------------------------------------------------
Four-Quarter Period ending Maximum Total Leverage Ratio
----------------------------------------------------------------------------
March 31, 2004,
June 30, 2004,
September 30, 2004 and
December 31, 2004
----------------------------------------------------------------------------
March 31, 2005 and 5.25 to 1.00
June 30, 2005
----------------------------------------------------------------------------
September 30, 2005 and 5.00 to 1.00
December 31, 2005
----------------------------------------------------------------------------
March 31, 2006 and 4.75 to 1.00
June 30, 2006
----------------------------------------------------------------------------
September 30, 2006 and 4.50 to 1.00
December 31, 2006
----------------------------------------------------------------------------
March 31, 2007 and 4.00 to 1.00
June 30, 2007
----------------------------------------------------------------------------
September 30, 2007 and thereafter 3.50 to 1.00
----------------------------------------------------------------------------
(g) Section 7.12(b) is hereby amended by deleting the table
contained therein in its entirety and replaced such table with the
following:
----------------------------------------------------------------------------
Four-Quarter Period ending Maximum Senior Leverage Ratio
----------------------------------------------------------------------------
March 31, 2002,
June 30, 2002, and 3.00 to 1.00
September 30, 2002
----------------------------------------------------------------------------
December 31, 2002,
March 31, 2003,
June 30, 2003, 2.75 to 1.00
September 30, 2003, and
December 31, 2003,
----------------------------------------------------------------------------
3
----------------------------------------------------------------------------
Four-Quarter Period ending Maximum Senior Leverage Ratio
----------------------------------------------------------------------------
March 31, 2004,
June 30, 2004,
September 30, 2004, 2.50 to 1.00
December 31, 2004,
March 31, 2005 and
June 30, 2005
----------------------------------------------------------------------------
September 30, 2005,
December 31, 2005, 2.25 to 1.00
March 31, 2006 and
June 30, 2006
----------------------------------------------------------------------------
September 30, 2006 and thereafter 2.00 to 1.00
----------------------------------------------------------------------------
(h) Section 7.12(c) is hereby amended by deleting the table
contained therein in its entirety and replaced such table with the
following:
-----------------------------------------------------------------------------
Four-Quarter Period ending Minimum Interest Coverage Ratio
-----------------------------------------------------------------------------
March 31, 2002,
June 30, 2002, and 2.00 to 1.00
September 30, 2002
-----------------------------------------------------------------------------
December 31, 2002,
March 31, 2003,
June 30, 2003,
September 30, 2003,
December 31, 2003,
March 31, 2004, 2.25 to 1.00
June 30, 2004,
September 30, 2004,
December 31, 2004,
March 31, 2005,
June 30, 2005, and
September 30, 2005
-----------------------------------------------------------------------------
4
-----------------------------------------------------------------------------
Four-Quarter Period ending Minimum Interest Coverage Ratio
-----------------------------------------------------------------------------
December 31, 2005,
March 31, 2006, 2.50 to 1.00
June 30, 2006,
September 30, 2006 and
December 31, 2006
-----------------------------------------------------------------------------
March 31, 2007 and thereafter 3.00 to 1.00
-----------------------------------------------------------------------------
(i) Section 7.12(d) is hereby amended by deleting such section
in its entirety and replacing the same with the following:
(d) CONSOLIDATED COVERAGE RATIO. Permit the
Consolidated Coverage Ratio as of the end of any Four-Quarter
Period of the Borrower to be less than the ratio set forth
below opposite such Four-Quarter Period:
-------------------------------------------------------------------------------
Four-Quarter Period ending Minimum Consolidated Coverage Ratio
-------------------------------------------------------------------------------
March 31, 2004,
June 30, 2004,
September 30, 2004
December 31, 2004,
March 31, 2005
June 30, 2005,
September 30, 2005,
December 31, 2005, 2.25 to 1.00
March 31, 2006,
June 30, 2006,
September 30, 2006,
December 31, 2006,
March 31, 2007,
June 30, 2007, and
September 30, 2007
-------------------------------------------------------------------------------
December 31, 2007 and thereafter 1.00 to 1.00
-------------------------------------------------------------------------------
5
(j) Section 7.14 is hereby amended by deleting such section in
its entirety and replacing it with the following:
7.14 CAPITAL EXPENDITURES. Make or become legally obligated to
make Capital Expenditures, which exceed in the aggregate in any fiscal
year of the Borrower described below, the amount set forth opposite
each such period:
---------------------------------------------------------------------
Fiscal Year Ending Maximum Capital Expenditures
---------------------------------------------------------------------
December 31, 2002 $38,000,000
---------------------------------------------------------------------
December 31, 2003 $85,000,000
---------------------------------------------------------------------
December 31, 2004 $65,000,000
---------------------------------------------------------------------
December 31, 2005 $45,000,000
---------------------------------------------------------------------
December 31, 2006 $45,000,000
---------------------------------------------------------------------
December 31, 2007 $40,000,000
---------------------------------------------------------------------
December 31, 2008 $40,000,000
---------------------------------------------------------------------
December 31, 2009 $35,000,000
---------------------------------------------------------------------
; provided, however, that 50% of the amount not expended during any
fiscal year (but excluding in that calculation any amount carried
forward from a prior fiscal year) may be carried forward to be expended
during the immediately following fiscal year.
2. Conditions Precedent. The effectiveness of this Agreement and the
amendments to the Credit Agreement herein provided are subject to the
satisfaction of the following conditions precedent:
(a) The Administrative Agent shall have received each of the
following documents or instruments in form and substance reasonably
acceptable to the Administrative Agent:
(i) thirteen (13) original counterparts of this
Agreement, duly executed by the Borrower, the Administrative
Agent, each Guarantor and the necessary Lenders, together with
all schedules and exhibits thereto duly completed; and
(ii) such other documents, instruments, opinions,
certifications, undertakings, further assurances and other
matters as the Administrative Agent shall reasonably require;
and
(b) all fees and expenses payable to the Administrative Agent
and the Lenders (including the fees and expenses of counsel to the
Administrative Agent) accrued to date shall have been paid in full.
6
3. Consent of the Guarantors. Each of the Guarantors has joined in the
execution of this Agreement for the purposes of consenting hereto and for the
further purpose of confirming its guaranty of the Obligations of the Borrower
pursuant to the Guaranty to which such Guarantor is party. Each Guarantor hereby
consents, acknowledges and agrees to the amendments of the Credit Agreement set
forth herein and hereby confirms and ratifies in all respects the Guaranty and
the other Loan Documents to which such Guarantor is a party and the
enforceability of such Guaranty and other Loan Documents against such Guarantor
in accordance with its terms.
4. Representations and Warranties. In order to induce the
Administrative Agent and the Lenders to enter into this Agreement, the Borrower
and the Guarantors, as applicable, represent and warrant to the Administrative
Agent and the Lenders as follows:
(a) The representations and warranties made by the Borrower in
Article V of the Credit Agreement (after giving effect to this
Agreement) and in each of the other Loan Documents to which it is a
party are true and correct in all material respects on and as of the
date hereof, except to the extent that such representations and
warranties expressly relate to an earlier date;
(b) There has been no material adverse change in the
condition, financial or otherwise, of the Borrower and its
Subsidiaries, taken as a whole, since December 31, 2002; and
(c) The Persons appearing as Guarantors on the signature pages
to this Agreement constitute all Persons who are required to be
Guarantors pursuant to the terms of the Credit Agreement and the other
Loan Documents, including without limitation all Persons who became
Subsidiaries or were otherwise required to become Guarantors after the
Closing Date, and each of such Persons has become and remains a party
to a Guaranty as a Guarantor;
(d) This Agreement has been duly authorized, executed and
delivered by the Borrower and Guarantors party hereto and constitutes a
legal, valid and binding obligation of such parties, except as may be
limited by general principles of equity or by the effect of any
applicable bankruptcy, insolvency, reorganization, moratorium or
similar law affecting creditors' rights generally; and
(e) After giving effect to this Agreement, no Default or Event
of Default has occurred and is continuing.
5. Entire Agreement. This Agreement, together with all the Loan
Documents (collectively, the "Relevant Documents"), sets forth the entire
understanding and agreement of the parties hereto in relation to the subject
matter hereof and supersedes any prior negotiations and agreements among the
parties relative to such subject matter. No promise, condition, representation
or warranty, express or implied, not herein set forth shall bind any party
hereto, and not one of them has relied on any such promise, condition,
representation or warranty. Each
7
of the parties hereto acknowledges that, except as otherwise expressly stated in
the Relevant Documents, no representations, warranties or commitments, express
or implied, have been made by any party to the other. None of the terms or
conditions of this Agreement may be changed, modified, waived or canceled orally
or otherwise, except as permitted pursuant to Section 10.01 of the Credit
Agreement.
6. Full Force and Effect of Agreement. Except as hereby specifically
amended, modified or supplemented, the Credit Agreement and all other Loan
Documents are hereby confirmed and ratified in all respects by each party hereto
and shall be and remain in full force and effect according to their respective
terms.
7. Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original as against any party
whose signature appears thereon, and all of which shall together constitute one
and the same instrument.
8. Governing Law. This Agreement shall in all respects be governed by,
and construed in accordance with, the laws of the state of New York.
9. Enforceability. Should any one or more of the provisions of this
Agreement be determined to be illegal or unenforceable as to one or more of the
parties hereto, all other provisions nevertheless shall remain effective and
binding on the parties hereto.
10. References. All references in any of the Loan Documents to the
"Credit Agreement" shall mean the Credit Agreement, as amended hereby.
11. Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of the Borrower, the Administrative Agent and each of the
Guarantors and Lenders, and their respective successors, assigns and legal
representatives; provided, however, that neither the Borrower nor any Guarantor,
without the prior consent of the Required Lenders, may assign any rights,
powers, duties or obligations hereunder.
12. Expenses. The Borrower agrees to pay to the Administrative Agent
all reasonable out-of-pocket expenses incurred or arising in connection with the
negotiation and preparation of this Agreement.
[SIGNATURE PAGES FOLLOW.]
8
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2
to Credit Agreement to be made, executed and delivered by their duly authorized
officers as of the day and year first above written.
BORROWER:
BLOCK COMMUNICATIONS, INC.
By: /s/ Xxxx X. Xxxxx
--------------------------
Name: Xxxx X. Blair__
--------------------------
Title: Executive V.P.-Finance
--------------------------
GUARANTORS:
BUCKEYE CABLEVISION, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
ERIE COUNTY CABLEVISION, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
BUCKEYE TELESYSTEMS, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
CORPORATE PROTECTION SERVICES, INC.
By: /s/ Xxxx X. Xxxxxx
---------------------------
Name: Xxxx X. Xxxxxx
---------------------------
Title: Asst. Secretary
---------------------------
Block Communications Amendment No. 3
Signature Page 1
COMMUNITY COMMUNICATION SERVICES, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
PG PUBLISHING COMPANY
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
MONROE CABLEVISION, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
LIMA COMMUNICATIONS CORPORATION
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
WLFI-TV, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
Block Communications Amendment No. 3
Signature Page 2
INDEPENDENCE TELEVISION COMPANY
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
TOLEDO AREA TELECOMMUNICATIONS SERVICES, INC.
By: /s/ Xxxx X. Xxxxxx
-------------------------
Name: Xxxx X. Xxxxxx
-------------------------
Title: Asst. Secretary
-------------------------
METRO FIBER & CABLE CONSTRUCTION COMPANY
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
IDAHO INDEPENDENT TELEVISION, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
CARS HOLDING, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
Block Communications Amendment No. 3
Signature Page 3
ACCESS TOLEDO, LTD.
By: BLOCK COMMUNICATIONS, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------
Name: Xxxx X. Xxxxxx
--------------------------
Title: Asst. Secretary
--------------------------
Block Communications Amendment No. 3
Signature Page 4
ADMINISTRATIVE AGENT:
BANK OF AMERICA, N.A., as Administrative Agent
By: /s/ Xxxxxxx X. Xxxx
--------------------------
Name: Xxxxxxx X. Xxxx
--------------------------
Title: Principal
--------------------------
Block Communications Amendment No. 3
Signature Page 5
LENDERS:
--------
BANK OF AMERICA, N.A.
By: /s/ Xxxxxxx X. Xxxx
--------------------------
Name: Xxxxxxx X. Xxxx
--------------------------
Title: Principal
--------------------------
Block Communications Amendment No. 3
Signature Page 6
NATIONAL CITY BANK
By: /s/ Xxxxxxxxx Xxxxxxxx
--------------------------
Name: Xxxxxxxxx Xxxxxxxx
--------------------------
Title: Senior Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 7
FLEET NATIONAL BANK
By: /s/ Xxxxxxx Xxxxxxxxx
--------------------------
Name: Xxxxxxx Xxxxxxxxx
--------------------------
Title: Director
--------------------------
Block Communications Amendment No. 3
Signature Page 8
BANK OF MONTREAL
By: /s/ Xxxxxxx Xxxxxxxxx
--------------------------
Name: Xxxxxxx Xxxxxxxxx
--------------------------
Title: Managing Director
--------------------------
Block Communications Amendment No. 3
Signature Page 9
COMERICA BANK
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Assistant Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 00
XXX XXXX XX XXX XXXX
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 11
FIFTH THIRD BANK
By: /s/ Xxxxxxx X. Xxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxx
--------------------------
Title: Executive Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 12
STANDARD FEDERAL BANK N.A.
By: /s/ Xxxxx X. Xxxxxxxx
--------------------------
Name: Xxxxx X. Xxxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 13
GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ Xxxxx X. Xxxxxxxxx
-------------------------------
Name: Xxxxx X. Xxxxxxxxx
-------------------------------
Title: As Duly Authorized Signatory
-------------------------------
Block Communications Amendment No. 3
Signature Page 14
ATRIUM CDO
By: /s/ Xxxxx X. Xxxxxx
---------------------------
Name: Xxxxx X. Xxxxxx
---------------------------
Title: Authorized Signatory
---------------------------
Block Communications Amendment No. 3
Signature Page 15
BIG SKY SENIOR LOAN FUND, LTD.
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 16
BRYN MAWR CLO, LTD.
By: Deerfield Capital Management LLC,
as its Collateral Manager
By: /s/ Xxxx X. Xxxxxxxxx
--------------------------
Name: Xxxx X. Xxxxxxxxx
--------------------------
Title: Sr. Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 17
CITIGROUP INVESTMENTS CORPORATE
By: /s/ Xxxxx X. Xxxxxx
--------------------------
Name: Xxxxx X. Xxxxxx
--------------------------
Title: Portfolio Manager
--------------------------
Block Communications Amendment No. 3
Signature Page 18
COSTANTINUS XXXXX XXXXX CDO V, LTD.
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
---------------------------
Name: Xxxxxxx X. Xxxxxxx
---------------------------
Title: Vice President
---------------------------
Block Communications Amendment No. 3
Signature Page 19
XXXXX XXXXX CDO III, LTD.
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 20
XXXXX XXXXX CDO IV, LTD.
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 21
XXXXX XXXXX INSTITUTIONAL SENIOR LOAN FUND
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 22
XXXXX XXXXX SENIOR INCOME TRUST
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 23
GALLATIN FUNDING I LTD.
By: Bear Xxxxxxx Asset Management, Inc.,
as its Collateral Manager
By: /s/ Xxxxx Xxxxxxxxxx
--------------------------
Name: Xxxxx Xxxxxxxxxx
--------------------------
Title: Associate Director
--------------------------
Block Communications Amendment Xx. 0
Xxxxxxxxx Xxxx 00
XXXXXXX & XX.
Xx: Boston Management and Research,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 25
ING PRIME RATE TRUST
By: ING Investments, LLC.,
as its Investment Manager
By: /s/ Xxxxxxx Xxxxx
--------------------------
Name: Xxxxxxx Xxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 26
LANDMARK II CDO LIMITED
By: Aladdin Asset Management LLC,
as Manager
By: /s/ Xxx Xxxxxxxx
--------------------------
Name: Xxx Xxxxxxxx
--------------------------
Title: Authorized Signatory
--------------------------
Block Communications Amendment No. 3
Signature Page 27
OCTAGON INVESTMENT PARTNERS III, LTD.
By: Octagon Credit Investors, LLC,
as Portfolio Manager
By: /s/ Xxxxxx X. Xxxxxx
--------------------------
Name: Xxxxxx X. Xxxxxx
--------------------------
Title: Portfolio Manager
--------------------------
Block Communications Amendment No. 3
Signature Page 28
OCTAGON INVESTMENT PARTNERS V, LTD.
By: Octagon Credit Investors, LLC,
as Portfolio Manager
By: /s/ Xxxxxx X. Xxxxxx
--------------------------
Name: Xxxxxx X. Xxxxxx
--------------------------
Title: Portfolio Manager
--------------------------
Block Communications Amendment No. 3
Signature Page 29
OCTAGON INVESTMENT PARTNERS VI, LLC
By: Octagon Credit Investors, LLC,
as Portfolio Manager
By: /s/ Xxxxxx X. Xxxxxx
--------------------------
Name: Xxxxxx X. Xxxxxx
--------------------------
Title: Portfolio Manager
--------------------------
Block Communications Amendment No. 3
Signature Page 30
OLYMPIC FUNDING TRUST, SERIES 1999-1
By: /s/ Xxx X. Xxxxxx
-------------------------
Name: Xxx X. Xxxxxx
-------------------------
Title: Authorized Agent
-------------------------
Block Communications Amendment No. 3
Signature Page 31
OXFORD STRATEGIC INCOME FUND
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 32
ROSEMONT CLO, LTD.
By: Deerfield Capital Management LLC,
as its Collateral Manager
By: /s/ Xxxx X. Xxxxxxxxx
--------------------------
Name: Xxxx X. Xxxxxxxxx
--------------------------
Title: Sr. Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 33
SENIOR DEBT PORTFOLIO
By: Boston Management and Research,
as Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxxx X. Xxxxxxx
--------------------------
Title: Vice President
--------------------------
Block Communications Amendment No. 3
Signature Page 34
