EXECUTION VERSION
FIRST AMENDMENT, dated as of July 26, 2005, (this "AMENDMENT"), to the
Credit Agreement dated as of January 27, 2005, (as further amended, supplemented
or otherwise modified from time to time, the "CREDIT AGREEMENT"), among DLI
HOLDING II CORP., a Delaware corporation ("HOLDINGS"), DEL LABORATORIES, INC., a
Delaware corporation (the "BORROWER"), the several banks and other financial
institutions or entities from time to time parties to the Credit Agreement (the
"LENDERS"), X.X. XXXXXX SECURITIES, INC. and BEAR, XXXXXXX & CO. INC. as Lead
Arrangers, BEAR XXXXXXX CORPORATE LENDING INC., as Syndication Agent, DEUTSCHE
BANK SECURITIES INC., as Documentation Agent and as co-agent (together with the
Lead Arrangers, the "ARRANGERS") and JPMORGAN CHASE BANK, N.A., as
administrative agent (in such capacity, the "ADMINISTRATIVE AGENT").
R E C I T A L S:
- - - - - - - -
A. The Borrower has requested that the Lenders agree to amend and waive
certain provisions of the Credit Agreement as herein set forth.
B. The Lenders whose signatures appear below, constituting the
Required Lenders, hereby consent to such amendment and waiver on the
terms and
conditions contained herein.
NOW THEREFORE, the parties hereto hereby agree as follows:
1. DEFINED TERMS. Unless otherwise defined herein, capitalized terms
which are defined in the Credit Agreement are used herein as therein defined.
2. AMENDMENTS AND WAIVER. The parties hereto hereby agree that the
Credit Agreement shall be, and hereby is, amended as follows:
(a) The definition of "Applicable Margin" is amended in its
entirety by restating said definition as follows:
"APPLICABLE MARGIN": for each Type and class of Loan the rate
per annum set forth below opposite the description of such
Loan:
Eurodollar Term Loans 2.25%
Eurodollar Revolving Loans 2.50%
Base Rate Term Loans 1.25%
Base Rate Revolving Loans and 1.50%
Swingline Loans
PROVIDED, that on and after the first Adjustment Date
occurring after the completion of the first full fiscal
quarter of the Borrower after the Closing Date, the Applicable
Margin will be determined pursuant to the Pricing Grids;
PROVIDED FURTHER, that during the period from July 26, 2005,
to the first Adjustment Date occurring after the completion of
the first full fiscal quarter of the Borrower after the
Closing Date, the Applicable Margin for each Type and class of
Loan will be the rate per annum set forth below opposite the
description of such loan:
Eurodollar Term Loans 2.75%
Eurodollar Revolving Loans 3.00%
Base Rate Term Loans 1.75%
Base Rate Revolving Loans and 2.00%
Swingline Loans
(b) The definition of "Consolidated EBITDA" contained in Section
1.1 of the Credit Agreement is amended by inserting after
clause (o) the following new clauses (p) and (q):
, (p) fees and expense reimbursements incurred to Synergetics
Installations Worldwide, Inc. in fiscal years 2005 and 2006
and (q) in fiscal years 2005 and 2006, costs associated with
implementing the Synergetics Plan not to exceed $5,000,000 in
the aggregate;
(c) Section 1.1 of the Credit Agreement is amended by adding the
following new definition in the appropriate alphabetical
order:
"FIRST AMENDMENT": the First Amendment to the Credit Agreement
dated as of July 26, 2005.
(d) The definition of "Pricing Grids" is amended in its entirety
by restating said definition as follows:
"PRICING GRIDS": the pricing grids and related provisions as
amended in their entirety by Annex A attached to the First
Amendment.
(e) Section 1.1 of the Credit Agreement is amended by adding the
following new definition in the appropriate alphabetical
order:
"SYNERGETICS PLAN": the restructuring plan adopted by the
Borrower in consultation with Synergetics Installations
Worldwide, Inc. (including any reasonable modifications or
replacements thereof approved by the board of directors of
Holdings or the Borrower).
(f) Section 7.1 of the Credit Agreement is amended by adding the
following new clause (c) immediately after clause (b):
(c) as soon as available, but in any event not later than 30
days after the end of each month (other than a month that ends
a fiscal quarter) commencing July 2005, monthly financial
statements that are in form substantially similar to the
quarterly financial forecasts delivered in connection with the
First Amendment and that are otherwise reasonably satisfactory
to the Administrative Agent in form.
2
(g) The table in Section 8.1(a) of the Credit Agreement is amended
by inserting "6.5" in place of the amount set forth opposite
"June 30, 2005" and the amount set forth opposite "September
30, 2005".
(h) The Lenders hereby waive (i) any Event of Default which may
exist solely as a result of the Borrower's failure to comply
with the requirements of Section 8.1(a) of the Credit
Agreement for the quarter ended June 30, 2005, as such Section
was in effect immediately prior to, but not after, giving
effect to this Amendment (it being understood that this waiver
shall not constitute a waiver of any such provision of the
Credit Agreement as in effect after giving effect to this
Amendment) and (ii) any Default or Event of Default resulting
from or relating in any respect to (A) any request for or
extension of credit under the Credit Agreement during the
pendency of any such Event of Default, (B) any failure to
comply with any obligation that became required to be
performed or observed under any of such provision by reason of
the occurrence of any such Event of Default, and (C) any
misstatement as to the absence of any such Event of Default.
The waiver set forth in clause (ii) above, and the request
therefor, shall not in any event constitute an admission on
the part of any Loan Party that any Default or Event of
Default of the types set forth in such clause (ii) has
occurred.
(i) Section 8.10(e) of the Credit Agreement is hereby amended by
restating said Section in its entirety as follows:
(e) the Borrower and its Subsidiaries may pay fees to the
Sponsor and perform their other obligations pursuant to the
terms of the Management Agreements so long as no Default under
Section 9(a) or (f) has occurred and is continuing; PROVIDED,
HOWEVER, that no such fees shall be paid to the Sponsor from
the effective date of the First Amendment through December 31,
2005 (it being understood that such fees shall continue to
accrue during such period).
(j) Effective July 26, 2005, Annex A attached to the Credit
Agreement is amended in its entirety as it is restated in
Annex A attached hereto.
3. EFFECTIVENESS. This Amendment shall become effective on the date on
which the Administrative Agent has received (a) this Amendment, executed and
delivered by the Administrative Agent, Holdings, the Borrower and the Required
Lenders and (b) an amendment fee, for the account of each Lender executing this
Amendment by 5:00 p.m. (New York time) on July 26, 2005, in an amount equal to
0.10% of such Lender's Aggregate Exposure as of such date, and (c) all expense
reimbursements and other amounts due to the Administrative Agent in connection
with this Amendment.
4. REPRESENTATION AND WARRANTIES. Each of Holdings and the Borrower
hereby represents and warrants that, after giving effect to the provisions of
this Amendment, (a) each of the representations and warranties made by any Loan
Party in or pursuant to the Loan Documents are true and correct in all material
respects on and as of the date hereof as if made on and as of such date, except
to the extent that such representations and warranties refer to an earlier date,
in which case they are true and correct in all material respects as of such
earlier date, and (b) no Default or Event of Default has occurred and is
continuing (other than any Event of Default that is waived pursuant to Section 2
of this Amendment).
3
5. CONTINUING EFFECT OF THE CREDIT AGREEMENT. This Amendment shall not
constitute an amendment of any other provision of the Credit Agreement not
expressly referred to herein and shall not be construed as a waiver or consent
to any Default, Event of Default or future action on the part of any Loan Party
that would require the consent of the Lenders or the Administrative Agent.
Except as expressly amended hereby, the provisions of the Credit Agreement are
and shall remain in full force and effect.
6. COUNTERPARTS. This Amendment may be executed by the parties hereto
in any number of separate counterparts (including facsimiled counterparts), each
of which shall be deemed to be an original, and all of which taken together
shall be deemed to constitute one and the same instrument.
7. EXPENSES. The Borrower agrees to pay or reimburse the Administrative
Agent for all of its reasonable out-of-pocket costs and expenses incurred in
connection with the preparation, negotiation and execution of this Amendment,
including, without limitation, the reasonable fees and disbursements of counsel
to the Administrative Agent.
8. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED
AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]
4
Annex A
PRICING GRIDS
The Applicable Margins and Commitment Fee Rate shall be adjusted on a quarterly
basis after the completion of the first full fiscal quarter of the Borrower
following the Closing Date, based on the Consolidated Leverage Ratio determined
as of the last day of the most recent fiscal quarter for which financial
statements have been delivered, with each such adjustment to become effective on
the date (the "ADJUSTMENT DATE") that is three Business Days after the date on
which the relevant financial statements are delivered to the Lenders pursuant to
Section 7.1 and to remain in effect until the next adjustment is effected.
The Applicable Margins and Commitment Fee Rate effective on each Adjustment Date
shall be determined in accordance with the pricing grids set forth below:
REVOLVING LOANS, SWINGLINE LOANS (BASE RATE ONLY) AND COMMITMENT FEE RATE
APPLICABLE APPLICABLE
MARGIN MARGIN
FOR FOR COMMITMENT
PRICING EURODOLLAR BASE RATE FEE
LEVEL CONSOLIDATED LEVERAGE RATIO LOANS LOANS RATE
----- --------------------------- ----- ----- ----
I greater than or equal to 5.00 to 1.00 3.00% 2.00% 0.50%
II < 5.00 to 1.00 but greater than or equal to 4.50 to 1.00 2.75% 1.75% 0.50%
III < 4.50 to 1.00 but greater than or equal to 4.00 to 1.00 2.50% 1.50% 0.50%
IV < 4.00 to 1.00 2.25% 1.25% 0.375%
TERM LOANS
CONSOLIDATED APPLICABLE MARGIN APPLICABLE MARGIN
LEVERAGE RATIO FOR EURODOLLAR LOANS FOR BASE RATE LOANS
-------------- -------------------- -------------------
Pricing LEVEL
I greater than or equal to 3.50 to 1.00 2.75% 1.75%
II < 3.50 to 1.00 2.50% 1.50%
All rates in each pricing grid are per annum rates.
If any financial statements referred to above are not delivered within the time
periods specified in Section 7.1, then until the date that is three Business
Days after the date on which such financial statements are delivered the highest
rate set forth in each column of each pricing grid shall apply. At all times
after maturity or acceleration of the maturity of the Loans or the delivery of
notice to the Borrower by any Agent or Lender that an Event of Default has
occurred and is continuing or occurrence of any Event of Default specified in
Section 9(f) (until such time, if any, as such Event of Default may be cured or
waived), the highest rate set forth in each column of each pricing grid shall
apply.
5
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be duly executed and delivered by their proper and duly authorized
officers as of the day and year first above written.
DLI HOLDING II CORP.
By: /S/ XXXXXX X. XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx Xxxxxxx
Title: Vice President & Secretary
DEL LABORATORIES, INC.
By: /S/ XXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxxxx
Title: Executive Vice President & CFO
XX XXXXXX XXXXX BANK, N.A., as
Administrative Agent and as Lender
By: /S/ XXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Managing Director
Signature page to the
First Amendment, dated as of
July 26, 2005, to
the DEL LABORATORIES, INC
Credit Agreement
DEUTSCHE BANK TRUST COMPANY AMERICAS
By: /S/ XXXXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx Xxxxxxx
Title: Director
DEUTSCHE BANK TRUST COMPANY AMERICAS
By: /S/ XXXXXXXXXX XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxxx Xxxxxx
Title: Director
HEWLETT'S ISLAND CLO II, LTD.
By: Cypress Tree Investment Management Company, Inc.,
As Portfolio Manager
By: /S/ XXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxxxx
Title: Chief Investment Officer
AMMC CDO II, LIMITED
By: American Money Management Corp.,
As Collateral Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Senior Vice President
AMMC CLO IV, LIMITED
By: American Money Management Corp.,
As Collateral Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Senior Vice President
HARCH CLO II LIMITED
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name : Xxxxxxx X. Xxxxxx
Title: Authorized Signatory
HSBC BANK USA, NATIONAL ASSOCIATION
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXX X. XXXXXXX
--------------------------------------------------------------------------------
Name : Xxxx X. Xxxxxxx
Title: First Vice President
--------------------------------------------------------------------------------
Citadel Hill 2000 Ltd.
By: /S/ XXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx Xxxxxxx
Title: Authorized Signatory
Flagship CLO 2001-1
By Flagship Capital Management, Inc.
By: /S/ XXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Director
Flagship CLO II
By Flagship Capital Management, Inc.
By: /S/ XXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Director
Flagship CLO III
By Flagship Capital Management, Inc.
By: /S/ XXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Director
Flagship CLO IV
By Flagship Capital Management, Inc.
By: /S/ XXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Director
Aurum CLO 2002-1 Ltd.,
By Columbia Management Advisors, Inc.
As Investment Manager
By: /S/ XXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Vice President
The Sumitomo Trust and Banking Co., Ltd., New York Branch
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXXXX X. XXXXX
-----------------------------------------
Name: Xxxxxxxxx X. Xxxxx
Title: Vice President
SUMMIT LAKE CLO, LTD.
By: /S/ XXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxx X. Xxxxxx
Title: S.V.P.
VICTORIA FALLS CLO, LTD.
By: /S/ XXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxx X. Xxxxxx
Title: S.V.P.
By: Callidus Debt Partners CLO Fund II, Ltd.
By: Its Collateral Manager,
Callidus Capital Management, LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX X. XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Principal
By: Callidus Debt Partners CLO Fund III, Ltd.
By: Its Collateral Manager,
Callidus Capital Management, LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX X. XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Principal
Denali Capital LLC, managing member of
DC Funding Partners LLC,
Portfolio manager for
DENALI CAPITAL CLO V, LTD.,
or an affiliate
By: /S/ XXXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx X. Xxxxx
Title: Managing Director
Denali Capital LLC, managing member of
DC Funding Partners LLC,
Portfolio manager for
DENALI CAPITAL CLO IV, LTD.,
or an affiliate
By: /S/ XXXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx X. Xxxxx
Title: Managing Director
Denali Capital LLC, managing member of
DC Funding Partners LLC,
Portfolio manager for
DENALI CAPITAL CLO III, LTD.,
or an affiliate
By: /S/ XXXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx X. Xxxxx
Title: Managing Director
CIT LENDING SERVICES CORPORATION
By: /S/ XXXX X. XXXXXX, XX
--------------------------------------------------------------------------------
Name: Xxxx X. Xxxxxx, XX
Title: Vice President
ISRAEL DISCOUNT BANK OF NEW YORK
By: /S/ XXXX XXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxx
Title: Vice President
By: /S/ XXXXXX XXXXXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx Xxxxxxxxxxx
Title: Senior Vice President
Fidelity Central Investment Portfolios LLC:
Fidelity Floating Rate Central Investment Portfolio
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXX X. XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx X. Xxxxxxxx
Title: Assistant Treasurer
GULF STREAM-COMPASS CLO 2005-1 LTD.
By: Gulf Stream Asset Management, LLC
As Collateral Manager
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX X. LOVE
--------------------------------------------------------------------------------
Name: Xxxxx X. Love
Title: Chief Credit Officer
BEAR XXXXXXX CORPORATE LENDING INC.
By: /S/ XXXXXX XXXXXXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx Xxxxxxxxxxxx
Title: Vice President
--------------------------------------------------------------------------------
Xxxxxx Xxxxxxx Prime Income Trust
By: /S/ XXXXX XXX
--------------------------------------------------------------------------------
Name: Xxxxx Xxx
Title: Vice President
Fidelity Advisor Series II:
Fidelity Advisor Floating Rate High Income Fund
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXX X. XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx X. Xxxxxxxx
Title: Assistant Treasurer
Prospero CLO & B.V.
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXX XXXXXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxxxx Xxxxxxx
Title: Executive Director
CYPRESSTREE CLAIF FUNDING LLC
-----------------------------------------
[Name of Lender]
By: /S/ M. XXXXXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx Xxxxxxx
Title: Assistant Vice President
L.A. FUNDING LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ M. XXXXXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx Xxxxxxx
Title: Assistant Vice President
PPM MONARCH BAY FUNDING LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ M. XXXXXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx Xxxxxxx
Title: Assistant Vice President
PPM SHADOW CREEK FUNDING LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ M. XXXXXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx Xxxxxxx
Title: Assistant Vice President
PPM SPYGLASS FUNDING TRUST
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxx X. Xxxxxx
Title: Authorized Agent
SunAmerica Life Insurance Company
By: AIG Global Investment Corp., Inc.
Its Investment Advisor
By: /S/ W. XXXXXXX XXXXXX
--------------------------------------------------------------------------------
Name: W. Xxxxxxx Xxxxxx
Title: Vice President
Galaxy III CLO, Ltd.
By: AIG Global Investment Corp., Inc.
Its Investment Advisor
By: /S/ W. XXXXXXX XXXXXX
--------------------------------------------------------------------------------
Name: W. Xxxxxxx Xxxxxx
Title: Vice President
Galaxy CLO 2003-1, Ltd.
By: AIG Global Investment Corp., Inc.
Its Investment Advisor
By: /S/ W. XXXXXXX XXXXXX
--------------------------------------------------------------------------------
Name: W. Xxxxxxx Xxxxxx
Title: Vice President
FBS CBNA Loan Funding LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx Xxxxxxx
Title: Member, Xxxxxxx Capital Mgmt.
on behalf of FBS CBNA Loan Funding LLC
IXIS XXXXXX XXXXXX SENIOR LOAN FUND
--------------------------------------------------------------------------------
[Name of Lender]
By: See Attached Page
--------------------------------------------------------------------------------
Name:
Title:
IXIS XXXXXX XXXXXX SENIOR LOAN FUND
--------------------------------------------------------------------------------
By Xxxxxx, Xxxxxx and Company, L.P.
its manager
By Xxxxxx, Xxxxxx and Company, Inc.
its general partner
By: /S/ XXXXX X. XXXXX
Name: Xxxxx X. Xxxxx
Title: Vice President
LOAN FUNDING I LLC,
a wholly owned subsidiary of
Citibank, N.A.
By: TCW Advisors, Inc.,
as portfolio manager of
Loan Funding I LLC
By: /S/ XXXXX XXXXXX
--------------------------------------------------------------------------------
Name: G. Xxxxx Xxxxxx
Title: Vice President
By: /S/ XXXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx X. Xxxxxx
Title: Managing Director
Jefferson-Pilot Life Insurance Company
By: TCW Advisors, Inc.,
as its Investment Advisor
By: /S/ XXXXX XXXXXX
--------------------------------------------------------------------------------
Name: G. Xxxxx Xxxxxx
Title: Vice President
By: /S/ XXXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx X. Xxxxxx
Title: Managing Director
PARK AVENUE LOAN TRUST
By: TCW Advisors, Inc.,
as Agent
By: /S/ XXXXX XXXXXX
--------------------------------------------------------------------------------
Name: G. Xxxxx Xxxxxx
Title: Vice President
By: /S/ XXXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx X. Xxxxxx
Title: Managing Director
TCW Senior Secured Loan Fund
By: TCW Advisors, Inc.,
as its Investment Advisor
By: /S/ XXXXX XXXXXX
--------------------------------------------------------------------------------
Name: G. Xxxxx Xxxxxx
Title: Vice President
By: /S/ XXXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx X. Xxxxxx
Title: Managing Director
North Fork Business Capital Corporation
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXX XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx Xxxxxx
Title: Vice President
XXX XXXXXX
SENIOR LOAN FUND
By: Xxx Xxxxxx Asset Management
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxx Xxxxxxxx
Title: Executive Director
Kitty Hawk Trust
By: Xxxxxx Xxxxxxx Investment Management, Inc.
as Investment Manager
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxx Xxxxxxxx
Title: Executive Director
XXX XXXXXX
SENIOR INCOME TRUST
By: Xxx Xxxxxx Asset Management
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXXXX XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxx Xxxxxxxx
Title: Executive Director
JUPITER LOAN FUNDING LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ M. XXXXXXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxx Xxxxxxx
Title: Assistant Vice President
WINGED FOOT FUNDING TRUST
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxx X. Xxxxxx
Title: Authorized Agent
ING PRIME RATE TRUST
By: ING Investment Management Co.
as its Investment manager
By: /S/ XXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President
ING SENIOR INCOME FUND
By: ING Investment Management Co.
as its Investment manager
By: /S/ XXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President
Friedberg Xxxxxxxx
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXX XXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxx
Title: Senior Partner
ACA Management, LLC
as advisor to ACA CLO 2005, Limited
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Managing Director
BABSON CLO LTD. 2003-I
BABSON CLO LTD. 2004-II
BABSON CLO LTD. 2005-I
SUFFIELD CLO, LIMITED
By: Babson Capital Management LLC
as Collateral Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx, CFA
Title: Managing Director
MAPLEWOOD (CAYMAN) LIMITED
By: Babson Capital Management LLC
as Investment Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx, CFA
Title: Managing Director
MASSACHUSETTS MUTAL LIFE
INSURANCE COMPANY
By: Babson Capital Management LLC
as Investment Adviser
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx, CFA
Title: Managing Director
47th Street Funding II Inc.
By: /S/ XXXXX X. XXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxxxxx
Title: Managing Director
OAK HILL CREDIT PARTNERS I, LIMITED
By: Oak Hill CLO Management I, LLC
As Investment Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Authorized Person
OAK HILL CREDIT PARTNERS II, LIMITED
By: Oak Hill CLO Management II, LLC
As Investment Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Authorized Person
OAK HILL CREDIT PARTNERS III, LIMITED
By: Oak Hill CLO Management III, LLC
As Investment Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Authorized Person
OAK HILL CREDIT PARTNERS IV, LIMITED
By: Oak Hill CLO Management IV, LLC
As Investment Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Authorized Person
SMBC MVI SPC,
on behalf of and for the account of Segregated Portfolio No. 1
By: Oak Hill Separate Account Management I, LLC
As Investment Manager
By: /S/ XXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Authorized Person
BLACK DIAMOND CLO 2005-1 LTD.
By: Black Diamond Capital Management, L.L.C.,
as its Collateral Manager
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX X. ZENNL, JR.
--------------------------------------------------------------------------------
Name: Xxxxx X. Zennl, Jr.
President & Managing Partner
Black Diamond Capital Management, L.L.C.
GSC PARTNERS CDO FUND V, LIMITED
By: GSCP (NJ), L.P., as Collateral Manager
By: /S/ XXXXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxx X. Xxxxxx
Title: Authorized Signatory
GSC PARTNERS CDO FUND IV, LIMITED
By: GSCP (NJ), L.P., as Collateral Manager
By: /S/ XXXXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxx X. Xxxxxx
Title: Authorized Signatory
MFS Floating Rate High Income Fund
By: XXXXXX & Dodge LLP, its Agent
By: /S/ XXXX X. XXXXXXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxxxxxxxx
Title: Authorized Signatory
Xxxxxxxxx Vantage CLO, Ltd.
By: Xxxxxxxxx Capital Partners, LLC
as its Asset Manager
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Managing Partner
Landmark V CDO Ltd.
Aladdin Capital Mgmt. LLC
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXXXX X. XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Authorized Signatory
/S/ XXXXXX X. XXXXXXX
--------------------------------------------------------------------------------
By: General Electric Capital Corporation
Name: Xxxxxx X. Xxxxxxx
Title: Duly Authorized Signatory
--------------------------------------------------------------------------------
GMAC Commercial Finance, LLC
By: /S/ XXXXXXXXXXX X. XXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxxxxxx X. Xxxxx
Title: Vice President
--------------------------------------------------------------------------------
CLT, L.P.
By: GSO Capital Partners LP as Collateral Manager
By: /S/ XXXXXXX XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxxx Xxxxxx
Title: Authorized Signatory
Hanover Square CLO Ltd.
By: Blackstone Debt Advisors L.P.
As Collateral Manager
--------------------------------------------------------------------------------
By: /S/ XXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxxx
Title: Managing Director
Union Square CDO Ltd.
By: Blackstone Debt Advisors L.P.
As Collateral Manager
--------------------------------------------------------------------------------
By: /S/ XXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxxx
Title: Managing Director
Monument Park CDO Ltd.
By: Blackstone Debt Advisors L.P.
As Collateral Manager
--------------------------------------------------------------------------------
By: /S/ XXXX XXXXXXX
--------------------------------------------------------------------------------
Name: Xxxx Xxxxxxx
Title: Managing Director
Loan Funding VI LLC,
for itself as agent for
Corporate Loan Funding VI LLC
--------------------------------------------------------------------------------
By: /S/ XXXX XXXXXXX
-------------------------------
Name: Xxxx Xxxxxxx
Title: Managing Director
Madison Park Funding I, Ltd.
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Authorized Signatory
Whitehorse II, Ltd.
By: Whitehorse Capital Partners, L.P.
As Collateral Manager
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX X. XXXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx X. Xxxxxxxxx, CFA
Title: Portfolio Manager
XXXXXXX XXXXX BANK, FSB
By: /S/ XXXXXX X. XXXXXX
--------------------------------------------------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Senior Vice President
Senior Credit Administration Officer
Mainstay Floating Late Fund,
A Series of Eclipse Funds, Inc.
--------------------------------------------------------------------------------
[Name of Lender]
By: New York Life Investment Management LLC
By: /S/ X.X. XXXX
--------------------------------------------------------------------------------
Name: X. X. Xxxx
Title: Managing Director
Millcreek CBNA
--------------------------------------------------------------------------------
[Name of Lender]
By: /S/ XXXXX XXXXXXXXX
--------------------------------------------------------------------------------
Name: Xxxxx Xxxxxxxxx
Title: Attorney-In-Fact
