EXHIBIT 10.9
THIRD AMENDMENT TO CREDIT AGREEMENT
THIRD AMENDMENT TO CREDIT AGREEMENT (this "THIRD AMENDMENT"), dated as
of October 4, 2001, by and among XXXXXXXX N.V., a public limited liability
company (NAAMLOZE VENNOOTSCHAP) organized under the laws of The Netherlands,
with official seat in Maastricht, The Netherlands (the "PARENT"), Xxxxxxxx US
Inc., a Delaware corporation (the "BORROWER"), the various Lenders party to the
Credit Agreement referred to below, DEUTSCHE BANK SECURITIES INC., as lead
arranger and sole book manager (in such capacities, the "LEAD ARRANGER"),
PARIBAS, as syndication agent (in such capacity, the "SYNDICATION AGENT"), ABN
AMRO BANK N.V., as documentation agent (in such capacity, the "DOCUMENTATION
AGENT"), and BANKERS TRUST COMPANY, as administrative agent (in such capacity,
the "ADMINISTRATIVE AGENT" and, together with the Lead Arranger, the Syndication
Agent and the Documentation Agent, collectively, the "AGENTS"). All capitalized
terms used herein and not otherwise defined shall have the respective meanings
provided such terms in the Credit Agreement referred to below.
W I T N E S S E T H:
WHEREAS, the Parent, the Borrower, the Lenders and the Agents are
parties to a Credit Agreement, dated as of October 26, 1999 (as amended,
modified or supplemented to, but not including, the date hereof, the "EXISTING
CREDIT AGREEMENT" and, as amended, modified or supplemented from time to time,
including on the date hereof, the "CREDIT AGREEMENT");
WHEREAS, the parties hereto wish to amend, modify and supplement the
Existing Credit Agreement as herein provided;
NOW, THEREFORE, it is agreed:
I. AMENDMENTS, MODIFICATIONS AND CONSENTS TO THE CREDIT AGREEMENT.
1. On and after the Third Amendment Effective Date, Section
9.05(xii) of the Credit Agreement is hereby amended by (i) inserting the text
"(A)" immediately preceding the text "the Parent" appearing at the beginning of
said section and (ii) inserting the text "and (B) Wholly-Owned Subsidiaries may
make cash equity investments (including, for this purpose, preferred equity
investments) in Non-Guarantor Subsidiaries (x) to the extent all proceeds of
such equity investment are immediately thereafter used by such Non-Guarantor
Subsidiary to repay in cash outstanding Intercompany Loans in a like amount
previously made by a Qualified Obligor (and otherwise permitted hereunder) to
such Non-Guarantor Subsidiary and (y) so long as any Equity Interest issued as
consideration for such equity investment is promptly pledged to the Collateral
Agent for the benefit of the Secured Creditors to the extent required by Section
8.15 of the Credit Agreement or any Pledge Agreement" immediately prior to the
semicolon appearing at the end of said section.
2. On and after the Third Amendment Effective Date, Section 9.12(a)
of the Credit Agreement is hereby amended by inserting the text "to convert
Xxxxxxxx France S.A.
from a SOCIETE ANONYME to a SOCIETE EN NOM COLLECTIF or" immediately following
the word "or" appearing at end of the proviso in subclause (v) thereof.
3. Notwithstanding anything to the contrary contained in the Credit
Documents, the Lenders hereby consent to the release by the Collateral Agent of
the shares of Xxxxxxxx France S.A., pledged pursuant to the Pledge Agreement,
dated as of October 28, 1999, between the Collateral Agent and Xxxxxxxx
International B.V. to permit the conversion of Xxxxxxxx France S.A. from a
SOCIETE ANONYME to a SOCIETE EN NOM COLLECTIF, so long as the Borrower promptly
thereafter causes the equity interests in the newly formed SOCIETE EN NOM
COLLECTIF to be pledged to the Collateral Agent for the benefit of the Secured
Creditors pursuant to a pledge agreement and related documentation satisfactory
to the Collateral Agent.
4. Notwithstanding anything to the contrary contained in the Credit
Documents, the Lenders hereby consent to the release by the Collateral Agent of
the shares of Nimsa S.A. ("NIMSA"), pledged pursuant to the Pledge Agreement,
dated as of March 16, 2000, between the Collateral Agent and Xxxxxxxx
International B.V., and the transfer of the equity interests of Nimsa from
Xxxxxxxx International B.V. to Xxxxxxxx France ("XXXXXXXX FRANCE"), it being
understood and agreed that Xxxxxxxx France (or a Non-Guarantor Subsidiary which
acquires the equity interests of Nimsa in accordance with the terms of the
Credit Documents) will not be required to pledge the equity interests of Nimsa
to the Collateral Agent for the benefit of the Secured Creditors until such time
as Xxxxxxxx France (or such other Non-Guarantor Subsidiary) is required to
become party to a pledge agreement pursuant to the terms of the Credit
Documents.
5. Notwithstanding anything to the contrary contained in the Credit
Documents, the Lenders hereby consent to the transfer of the equity interests of
Corporate Express Nederland B.V. ("CE NL") from Corporate Express Benelux B.V.
("CE BV") to Burhmann Nederland B.V. ("BN BV"), it being understood and agreed
that BN BV will not be required to take any further action to perfect or
otherwise create a security interest in the equity interests of CE NL so long as
BN NV consummates, on or before April 30, 2002 (or such later date as shall be
agreed upon by Xxxxxxxx and the European Commission), a transaction for the sale
of all of the equity and/or assets of CE NL in compliance with the divestiture
agreement previously reached by Xxxxxxxx with the European Commission in
connection with the Samas OS Business Acquisition.
II. MISCELLANEOUS.
1. In order to induce the Lenders to enter into this Third
Amendment, each of the Parent and the Borrower hereby represents and warrants to
each of the Lenders that (i) all representations and warranties contained in the
Credit Agreement and in the other Credit Documents are true and correct in all
material respects on and as of the Third Amendment Effective Date and after
giving effect to this Third Amendment (unless such representations and
warranties relate to a specific earlier date, in which case such representations
and warranties shall be true and correct as of such earlier date) and (ii) there
exists no Default or Event of Default on the Third Amendment Effective Date
after giving effect to this Third Amendment.
-2-
2. This Third Amendment is limited as specified and shall not
constitute a modification, acceptance or waiver of any other provision of the
Credit Agreement or any other Credit Document.
3. This Third Amendment may be executed in any number of
counterparts and by the different parties hereto on separate counterparts, each
of which counterparts when executed and delivered shall be an original, but all
of which shall together constitute one and the same instrument. A complete set
of counterparts executed by all the parties hereto shall be lodged with the
Borrower and the Administrative Agent.
4. THIS THIRD AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW
OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICT OF LAWS.
5. This Third Amendment shall become effective on the date (the
"THIRD AMENDMENT EFFECTIVE DATE") when each of the Parent, the Borrower and the
Required Lenders shall have signed a counterpart hereof (whether the same or
different counterparts) and shall have delivered (including, without limitation,
by usage of facsimile transmission) same to the Administrative Agent at its
office located at 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx. This Third Amendment
and the agreements contained herein shall be binding on the successors and
assigns of the parties hereto.
6. From and after the Third Amendment Effective Date, all references
in the Credit Agreement and each of the other Credit Documents to the Credit
Agreement shall be deemed to be references to the Credit Agreement as amended,
modified or supplemented hereby.
* * *
-3-
IN WITNESS WHEREOF, the parties hereto have caused their duly
authorized officers to execute and deliver this Third Amendment as of the date
first above written.
XXXXXXXX N.V.
By: /s/ FHJ Koffrie
--------------------------------
Name: FHJ Koffrie
Title:
By: /s/ Xxxxx Van Den Kooij
--------------------------------
Name: Xxxxx Van Den Kooij
Title:
XXXXXXXX US INC.
By: /s/ FHJ Koffrie
--------------------------------
Name: FHJ Koffrie
Title:
By: /s/ Xxxxx Van Den Kooij
-------------------------------
Name: Xxxxx Van Den Kooij
Title:
BANKERS TRUST COMPANY,
Individually and as Administrative Agent
By: /s/ Xxxxx X. XxXxxxx
--------------------------------------
Name: Xxxxx X. XxXxxxx
Title: Director
DEUTSCHE BANK SECURITIES INC.,
as Lead Arranger and Sole Book Manager
By: /s/ Xxxx X. Xxxxxx
--------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
BNP PARIBAS (successor in interest to Paribas),
Individually and as Syndication Agent
By: /s/ Xxxxx Xxxxx
--------------------------------------
Name: Xxxxx Xxxxx
Title: Director
By: /s/ Xxxx Xxxxxx
--------------------------------------
Name: Xxxx Xxxxxx
Title: Director
ABN AMRO BANK N.V.,
Individually and as Documentation Agent
By: /s/ F.L.D. Nivaro
----------------------------------------
Name: F.L.D. Nivaro
Title: SENIOR VICE PRESIDENT
By: /s/ X.X. Xxx
----------------------------------------
Name: X.X. Xxx
Title: Account Manager
LANDMARK CDO LIMITED
By: /s/ Xxxxxx Xxxxxxxxxxxxx
----------------------------------------
Name: Xxxxxx Xxxxxxxxxxxxx
Title: Vice President
XXXX XXXX B.V.
By: /s/ Xxxxx Xxxx
----------------------------------------
Name: Xxxxx Xxxx
Title: CDO DIRECTOR
AIB CAPITAL MARKETS
By: /s/ Xxxxx Xxxxxx
----------------------------------------
Name: XXXXX XXXXXX
Title: DIRECTOR AIB ACQUISITION FINANCE
CENTURION CDO I, LTD.
By: American Express Asset Management
Group Inc. As Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
CENTURION CDO II, LTD.
By: American Express Asset Management
Group Inc. As Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
CENTURION CDO III, LTD.
By: American Express Asset Management
Group Inc. As Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
SEQUILS-CENTURION V, LTD.
By: American Express Asset Management
Group Inc. As Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
ARES III CLO Ltd.
By: ARES CLO Management, LLC
Its: Investment Manager
By: /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X Xxxxx
Title: Vice President
ARES IV CLO LTD.
By: Ares CLO Management IV, L.P.
Investment Manager
By: Ares CLO XX XX, LLC
Its: Managing Member
By: /s/ Xxxxx X. Xxxxx
--------------------------------------
Name: Xxxxx X. Xxxxx
Title: Vice President
AXA Investment Managers for and on
behalf of CONCERTO I B.V.
By: /s/ X. Xxxxx
----------------------------------------
Name: X. Xxxxx
Title:
By: /s/ X. Xxxxx
----------------------------------------
Name: X. Xxxxx
Title:
PINEHURST TRADING, INC.
By: /s/ Xxx X. Xxxxxx
----------------------------------------
Name: Xxx X. Xxxxxx
Title: Assistant Vice President
GLENEAGLES TRADING LLC
By: /s/ Xxx X. Xxxxxx
----------------------------------------
Name: Xxx X. Xxxxxx
Title: Assistant Vice President
SRV - HIGHLAND, INC.
By: /s/ Xxx X. Xxxxxx
----------------------------------------
Name: Xxx X. Xxxxxx
Title: Assistant Vice President
PPM SPYGLASS FUNDING TRUST
By: /s/ Xxx X. Xxxxxx
----------------------------------------
Name: Xxx X. Xxxxxx
Title: Authorized Agent
MUIRFIELD TRADING LLC
By: /s/ Xxx X. Xxxxxx
----------------------------------------
Name: Xxx X. Xxxxxx
Title: Assistant Vice President
OLYMPIC FUNDING TRUST SERIES 1999-1
By: /s/ Xxx X. Xxxxxx
----------------------------------------
Name: Xxx X. Xxxxxx
Title: Authorized Agent
THE BANK OF NEW YORK
By: /s/ Xxxxxx Xxxxxx
----------------------------------------
Name: Xxxxxx Xxxxxx
Title: Vice President
BANCO COMERCIAL PORTUGUES SA
(London Branch)
By: /s/ Xxxxxx Male
----------------------------------------
Name: Xxxxxx Male
Title: Senior Manager
By: /s/ Xxxx Xxxxxxx
----------------------------------------
Name: Xxxx Xxxxxxx
Title: Deputy General Manager
BANK POLSKA KASA OPIEKI SA,
NEW YORK BRANCH
By: /s/ Xxxxx X. Xxxxx
----------------------------------------
Name: Xxxxx X. Xxxxx
Title: Vice President
BARCLAYS BANK PLC
By: /s/ X. Xxxxxxx
----------------------------------------
Name: XX. X. XXXXXXX
Title: ASSOCIATE DIRECTOR.
BAY VIEW FINANCIAL CORPORATION
By: /s/ Xxxx X. Spring
----------------------------------------
Name: Xxxx X. Spring
Title: Senior Vice President
BLUE EAGLE CDO I S.A.
By: /s/ Xxxxx Xxxxxx-Xxxxx
----------------------------------------
Name: Xxxxx Xxxxxx-Xxxxx
Title: Director
CITIBANK INTERNATIONAL PLC.,
NETHERLANDS BRANCH
By: /s/ Xxxxxx Xxxxx
----------------------------------------
Name: Xxxxxx Xxxxx
Title: Resident Vice-President
CITIBANK, N.A.
By: /s/ Xxxxx Xxxxxxx
----------------------------------------
Name: Xxxxx Xxxxxxx
Title: Managing Director
COMERICA BANK
By: /s/ Xxxxxx X. Xxxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxxx
Title: Vice President
COOPERATIEVE CENTRALE RAIFFEISEN
BOERENLEENBANK B.A.
By: /s/ H.E. xxx Xxxxxx
----------------------------------------
Name: H.E. xxx Xxxxxx
By: /s/ C. de Vries
----------------------------------------
Name: C. de Vries
Title:
"Signature page of Creditanstalt AG to the Third Amendment To The Credit
Agreement, dated as of October 4, 2001, by and among (a) XXXXXXXX N.V., (b)
Xxxxxxxx US Inc., (c) the various Lenders party to the Credit Agreement dated as
of October 26, 1999, and (d) others".
CREDITANSTALT AG
By: /s/ Xxxxxx Xxxxxx
----------------------------------------
Name: Xxxxxx Xxxxxx
Title: GENERAL MANAGER
By: /s/ Xxxxxx Xxxxxxx
----------------------------------------
Name: Xxxxxx Xxxxxxx
Title: SENIOR MANAGER
CREDIT INDUSTRIEL ET COMMERCIAL
By: /s/ Yann de SAINT POL
----------------------------------------
Name: Yann de SAINT POL
Title: Fonde de pouvoirs
By: /s/ Xxxxx XXXXX d'AUBIGNE
----------------------------------------
Name: Xxxxx XXXXX d'AUBIGNE
Title: Sous-Directeur
CYPRESSTREE INVESTMENT PARTNERS I, LTD
By: CypressTree Investment Management
Company, Inc. as Portfolio Manager
By: /s/ Xxxxxxxx X. Xxxxxxx
----------------------------------------
Name: Xxxxxxxx X. Xxxxxxx
Title: Principal
CYPRESSTREE INVESTMENT PARTNERS II, LTD
By: CypressTree Investment Management
Company, Inc. as Portfolio Manager
By: /s/ Xxxxxxxx X. Xxxxxxx
----------------------------------------
Name: Xxxxxxxx X. Xxxxxxx
Title: Principal
CYPRESSTREE INVESTMENT
MANAGEMENT COMPANY, INC.
As: Attorney-in-Fact and on behalf of First
Allmerica Life Insurance Company as Portfolio
Manager
By: /s/ Xxxxxxxx X. Xxxxxxx
----------------------------------------
Name: XXXXXXXX X. XXXXXXX
Title: PRINCIPAL
DANSKE BANK A/S
By: /s/ Xxxxxx Xxxxxxx
----------------------------------------
Name: Xxxxxx Xxxxxxx
Title: ASSISTANT GENERAL MANAGER
By: /s/ Xxxxxx Xxx
----------------------------------------
Name: XXXXXX XXX
Title: MANAGER
EUROCREDIT CDO I B.V.
By: /s/ Xxxx Halbard
----------------------------------------
Name: Xxxx Halbard
By:
----------------------------------------
Name:
Title:
EUROCREDIT CDO II B.V.
By: /s/ Xxxx Halbard
----------------------------------------
Name: Xxxx Halbard
PROMUS I B.V.
By: /s/ Xxxx Halbard
----------------------------------------
Name: Xxxx Halbard
FRANKLIN CLO I, LTD.
By: /s/ Xxxxxxxx Xxxxxx
-----------------------------------------
Name: Xxxxxxxx Xxxxxx
Title: Vice President
FRANKLIN FLOATING RATE TRUST
By: /s/ Xxxxxxxx Xxxxxx
-----------------------------------------
Name: Xxxxxxxx Xxxxxx
Title: Vice President
FORTIS CAPITAL CORP.
By: /s/ Xxxx X. Preveth
-----------------------------------------
Name: Xxxx X. Preveth
Title: Executive Vice President
By: /s/ Xxxx X. Xxxxxxx
-----------------------------------------
Name: Xxxx X. Xxxxxxx
Title: Executive Vice President
GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ W. Xxxxxx XxXxxxxxx
-----------------------------------------
Name: W. XXXXXX XxXXXXXXX
Title: DULY AUTHORIZED SIGNATORY
HARBOURMASTER LOAN CORPORATION B.V.
By: /s/ TMF Management B.V.
-----------------------------------------
Name: TMF Management B.V.
EMERALD ORCHARD LIMITED
By: /s/ Xxxxx X. Xxxxxx
-----------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Attorney in Fact
HIGHLAND LOAN FUNDING V LTD.
By: Highland Capital Management, L.P. as
Collateral Manager
By: /s/ Xxxx X. Xxxxx, CFA
-----------------------------------------
Name: Xxxx X. Xxxxx, CFA
Title: Executive Vice President
Highland Capital Management, L.P.
HIGHLAND LEGACY LIMITED
By: Highland Capital Management, L.P. as
Collateral Manager
By: /s/ Xxxx X. Xxxxx
-----------------------------------------
Name: Xxxx X. Xxxxx, CFA
Title: Executive Vice President
Highland Capital Management, L.P.
ELF FUNDING TRUST I
By: Highland Capital Management, L.P. as
Collateral Manager
By: /s/ Xxxx X. Okad
-----------------------------------------
Name: Xxxx X. Xxxxx, CFA
Title: Executive Vice President
Highland Capital Management, L.P.
ING BANK N.V.
By: /s/ M.G.L. Bunker
-----------------------------------------
Name: M.G.L. Bunker
Title: Relationship manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: Xxxxxx Xxxxxx
Title: Relationship manager
IKB DEUTSCHE INDUSTRIEBANK AG,
LUXEMBOURG BRANCH
By: /s/ Xxx Xxxxxxxxx
-----------------------------------------
Name: Xxx Xxxxxxxxx
Title: Assistant Director
By: /s/ Xxxx Xxxxxxx
-----------------------------------------
Name: Xxxx Xxxxxxx
Title: Manager
KBC BANK NV
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: Xxxxxx Xxxxxx
Title: Director Corporates
By: /s/ X.X.X. Xxxxxxx
-----------------------------------------
Name: X.X.X. Xxxxxxx
Title: Senior Account Manager
Corporate Clients
KZH CYPRESSTREE-1 LLC
By: /s/ Xxxxx Xxx
---------------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
KZH ING-1 LLC
By: /s/ Xxxxx Xxx
-----------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
KZH ING-2 LLC
By: /s/ Xxxxx Xxx
-----------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
KZH ING-3 LLC
By: /s/ Xxxxx Xxx
-----------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
KZH PONDVIEW LLC
By: /s/ Xxxxx Xxx
-----------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
KZH STERLING LLC
By: /s/ Xxxxx Xxx
-----------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
KZH WATERSIDE LLC
By: /s/ Xxxxx Xxx
-----------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
KZH HIGHLAND-2 LLC
By: /s/ Xxxxx Xxx
-----------------------------------------
Name: Xxxxx Xxx
Title: Authorized Agent
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
By: Xxxxx X. Xxxxxx and Company,
Incorporated, under delegated authority
from Massachusetts Mutual Life Insurance
Company, as Investment Manager
By: /s/ Xxxx Xxx XxXxxxxx
-----------------------------------------
Name: Xxxx Xxx XxXxxxxx
Title: Managing Director
MAPLEWOOD (CAYMAN) LIMITED
By: Xxxxx X. Xxxxxx and Company,
Incorporated, under delegated authority
from Massachusetts Mutual Life Insurance
Company, as Investment Manager
By: /s/ Xxxx Xxx XxXxxxxx
-----------------------------------------
Name: Xxxx Xxx XxXxxxxx
Title: Managing Director
SIMSBURY CLO, LIMITED
By: Xxxxx X. Xxxxxx and Company,
Incorporated, under delegated authority
from Massachusetts Mutual Life Insurance
Company, as Collateral Manager
By: /s/ Xxxx Xxx XxXxxxxx
-----------------------------------------
Name: Xxxx Xxx XxXxxxxx
Title: Managing Director
SUFFIELD CLO LTD.
By: Xxxxx X. Xxxxxx & Co., Inc.
AS COLLATERAL MANAGER
By: /s/ Xxxx Xxx XxXxxxxx
-----------------------------------------
Name: Xxxx Xxx XxXxxxxx
Title: MANAGING DIRECTOR
NATIONAL CITY BANK
By: /s/ Xxxx Xxxxxx
-----------------------------------------
Name: Xxxx Xxxxxx
Title: Assistant Vice President
NATEXIS BANQUES POPULARIES
By: /s/ Xxxxxx X. van Tulder
-----------------------------------------
Name: Xxxxxx X. van Tulder
Title: Vice President and Manager
Multinational Group
By: /s/ Xxxxxxxxx Xxxxxxxxx
-----------------------------------------
Name: Xxxxxxxxx Xxxxxxxxx
Title: V.P.
NIB CAPITAL BANK N.V.
By: /s/ Xxx Xxxxxxxx
-----------------------------------------
Name: Xxx Xxxxxxxx
Title: DIRECTOR, ACQUISITION FINANCE
By: /s/ Xxxx Xxxxxxx
-----------------------------------------
Name: Xxxx Xxxxxxx
Title: SENIOR MANAGER
ORIX FINANCIAL SERVICES, INC. f/k/a
ORIX BUSINESS CREDIT, INC.
By: /s/ Xxxxxxx X. Xxx
-----------------------------------------
Name: Xxxxxxx X. Xxx
Title: Senior Vice President, OBCG
PILGRIM CLO 1999-1 LTD.
By: Pilgrim Investments, Inc., as Investment
Manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: XXXXXX XXXXXX, CFA
Title: VICE PRESIDENT
PILGRIM SENIOR INCOME FUND
By: Pilgrim Investments, Inc., as its
investment manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: XXXXXX XXXXXX, CFA
Title: VICE PRESIDENT
PILGRIM PRIME RATE TRUST
By: Pilgrim Investments, Inc., as Investment
Manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: XXXXXX XXXXXX, CFA
Title: VICE PRESIDENT
PILGRIM AMERICA HIGH INCOME INVESTMENTS LTD.
By: Pilgrim Investments, Inc., as Investment
Manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: XXXXXX XXXXXX, CFA
Title: VICE PRESIDENT
ML CLO XII PILGRIM AMERICA (CAYMAN) LTD.
By: Pilgrim Investments, Inc., as Investment
Manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: XXXXXX XXXXXX, CFA
Title: VICE PRESIDENT
ML CLO XV PILGRIM AMERICA (CAYMAN) LTD.
By: Pilgrim Investments, Inc., as Investment
Manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: XXXXXX XXXXXX, CFA
Title: VICE PRESIDENT
ML CLO XX PILGRIM AMERICA (CAYMAN) LTD.
By: Pilgrim Investments, Inc., as Investment
Manager
By: /s/ Xxxxxx Xxxxxx
-----------------------------------------
Name: XXXXXX XXXXXX, CFA
Title: VICE PRESIDENT
PRINCIPAL LIFE INSURANCE COMPANY
By: Principal Capital Management, LLC,
a Delaware limited liability company,
its authorized signatory
By: /s/ Xxxx Xxxxx
-----------------------------------------
-----------------------------------------
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
Its: XXXXX X. XXXXXXX, Counsel
----------------------------------------
PROSPECT INTERNATIONAL DEBT
STRATEGY FUND
By: /s/ Xxxxxxx X. Xxxxxxxxx
-----------------------------------------
Name: Xxxxxxx X. Xxxxxxxxx
PROVIDENT CBO, I LIMITED
By: Provident Investment Management, LLC
as Collateral Manager
By: /s/ Xxx X. Xxxxxx
-----------------------------------------
Name: XXX X. XXXXXX
Title: Vice President
THE PRUDENTIAL ASSURANCE COMPANY LIMITED
By: /s/ Xxxxxx Xxxxxxx
-----------------------------------------
Name: XXXXXX XXXXXXX
Title: DIRECTOR OF LEVERAGED LOANS
By: /s/ Xxxx Xxxxxx
-----------------------------------------
Name: Xxxx Xxxxxx
Title: Director
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
By: /s/ B. Xxxx Xxxxx
-----------------------------------------
Name: B. Xxxx Xxxxx
Title: Vice President
SANKATY HIGH YIELD ASSET PARTNERS, L.P.
By: /s/ Xxxxx X. Xxxxx
-----------------------------------------
Name: Xxxxx X. Xxxxx
---------------------------------------
Title: Managing Director, Portfolio Manager
--------------------------------------
SANKATY HIGH YIELD PARTNERS II, L.P.
By: /s/ Xxxxx X. Xxxxx
-----------------------------------------
Name: Xxxxx X. Xxxxx
---------------------------------------
Title: Managing Director, Portfolio Manager
--------------------------------------
SANKATY HIGH YIELD PARTNERS III, LP
By: /s/ Xxxxx X. Xxxxx
-----------------------------------------
Name: XXXXX X. XXXXX
Title: MANAGING DIRECTOR
PORTFOLIO MANAGER
Sankaty Advisors, Inc., as Collateral Manager
for
XXXXX POINT CBO 1999-1, LTD., as Term Lender
By: /s/ Xxxxx X. Xxxxx
-----------------------------------------
Name: Xxxxx X. Xxxxx
---------------------------------------
Title: Managing Director, Portfolio Manager
--------------------------------------
Sankaty Advisors, LLC as Collateral Manager
for
XXXXX POINT II CBO 2000-1, LTD., as Term
Lender
By: /s/ Xxxxx X. Xxxxx
-----------------------------------------
Name: Xxxxx X. Xxxxx
---------------------------------------
Title: Managing Director, Portfolio Manager
--------------------------------------
Sankaty Advisors, Inc. as Collateral Manager
for Great Point CLO 1999-1 LTD., as Term
Lender
By: /s/ Xxxxx X. Xxxxx
-----------------------------------------
Name: Xxxxx X. Xxxxx
---------------------------------------
Title: Managing Director, Portfolio Manager
--------------------------------------
SCOTIABANK EUROPE PLC
By: /s/ X.X. Xxxxxx
-----------------------------------------
Name: X.X. Xxxxxx
Title: DIRECTOR
XXXXXXXXX ARBITRAGE CDO, LTD.
By: Xxxxxxxxx Capital Partners LLC, as
Collateral Manager
By: /s/ Xxxxxxxxxxx X. Xxxxxx
-----------------------------------------
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Managing Partner
XXXXXXXXX CLO, LTD.
By: Xxxxxxxxx Capital Partners LLC, as
Collateral Manager
By: /s/ Xxxxxxxxxxx X. Xxxxxx
-----------------------------------------
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Managing Partner
XXXXXXXXX RMF/TRANSATLANTIC CDO, LTD.
By: Xxxxxxxxx Capital Partners LLC, as
Collateral Manager
By: /s/ Xxxxxxxxxxx X. Xxxxxx
-----------------------------------------
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Managing Partner
North American Senior Floating Rate Fund Inc.
By: Xxxxxxxxx Capital Partners LLC
As Subadvisor
By: /s/ Xxxxxxxxxxx X. Xxxxxx
-----------------------------------------
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Managing Partner
WINDSOR LOAN FUNDING, LIMITED
By: Xxxxxxxxx Capital Partners LLC, as its
Investment Manager
By: /s/ Xxxxxxxxxxx X. Xxxxxx
-----------------------------------------
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Managing Partner
TEXTRON FINANCIAL CORPORATION
By: /s/ Xxxxxx X. Xxxxxxxx
-----------------------------------------
Name: Xxxxxx X. Xxxxxxxx
Title: Managing Director
TORONTO DOMINION BANK EUROPE LIMITED
By: /s/ Trevor Bill
-----------------------------------------
Name: TREVOR BILL
Title: MANAGING DIRECTOR
U.S. BANK NATIONAL ASSOCIATION
By: /s/ Xxxxxx Xxxxxxx
-----------------------------------------
Name: Xxxxxx Xxxxxxx
Title: VP
GUARANTORS XXXXXXXX GROUP OCTOBER 2001
Acknowledged and Agreed to:
Brabantse Poort B.V.
Xxxxxxxx Europcenter NV
Bouwmaatschappij Het Wapen van Amsterdam N.V.
Xxxxxxxx Financieringen B.V. (f/k/a KNP BT Financieringen B.V.)
Xxxxxxxx Fined B.V. (f/k/a Finbelco B.V.)
Xxxxxxxx II B.V. (f/k/a KNP XX XX B.V.)
Xxxxxxxx International B.V.
Xxxxxxxx Nederland B.V.
Xxxxxxxx Nederland Holding B.V. (f/k/a Scadisbel B.V.)
Xxxxxxxx Office Products Austria B.V.
Xxxxxxxx Stafdiensten B.V.
Xxxxxxxx-Xxxxxx B.V.
Corporate Express Benelux B.V. (f/k/a BT Office Products Nederland B.V.)
Corporate Express Beverwijk B.V. (f/k/a Xxxxx van Os)
Corporate Express Document Automatisering B.V.
Corporate Express Europe B.V. (f/k/a BT Office Products Europe B.V.)
Corporate Express Holding B.V.
Corporate Express Nederland B.V. (f/k/a Xxxxxxx Centrum voor Kantoorefficiency
BV)
Deutschmann & Roelants B.V.
Xxxxxxx Kantoor Centrum B.V.
DocVision B.V.
Jonkers International B.V.
KNP Nederland (Holding) B.V.
KNP Nederland B.V.
Papiergroothandel v/h Riem & Xxxxx B.V.
Papiermaatschappij Amsterdam-West B.V.
Proost en Xxxxxx B.V.
Rhosili Amsterdam X.X.
Xxxx en Xxxxx Beheer B.V.
Store Office Paper B.V.
Tetterode-Nederland B.V.
Tricom Paper International B.V.
Velpa Enveloppen B.V.
VRG Insurances B.V.
By: /s/ H. Van Den Kooij
-------------------------------
Name: H. Van Den Kooij
Title: Director of Legal Affairs
On behalf of each of the above
Subsidiary Guarantors
Acknowledged and Agreed to:
Xxxxxxxx Beteiligungen Deutschland GmbH
Xxxxxxxx Holding GmbH & Co. KG
Xxxxxxxx Holding Verwaltungs GmbH
Corporate Express Deutschland GmbH (f/k/a Xxxxxxxx Office Products Deutschland
GmbH)
Corporate Express Deutschland GmbH & Co. Vertriebs KG (f/k/a Xxxxxxxx
Office Products GbmH & Co. Vertriebs KG)
Corporate Express GmbH (f/k/a Buroeinrichtungshaus Xxxx GmbH)
Corporate Express GmbH (f/k/a Xxxxxx Buromatic GmbH)
Corporate Express Verwaltungs GmbH (f/k/a Xxxxxxxx Office Products Verwaltungs
GbmH)
Deutsche Papier Grundstucks GmbH & Co. KG
Deutsche Papier Holding GmbH
Deutsche Papier Vertriebs GmbHGmbH & Co. KG
FSMA Verwaltungs-und Beteiligungs GmbH
Xxxxxx Frohlen Papiergrosshandlung - Xxxxx Xxxxxxxxx Import Export GmbH
By: /s/ H. Van Den Kooij
-------------------------------
Name: H. Van Den Kooij
Title:
On Behalf of each of the above
Subsidiary Guarantors
Acknowledged and Agreed to:
Xxxxxxxx Europcenter N.V.
By: /s/ H. Van Den Kooij
-----------------------------------
Name: H. Van Den Kooij
Title:
On Behalf of the above
Subsidiary Guarantor
Acknowledged and Agreed to:
Adhesive and Display Products Ltd.
Xxxxxxxx UK Ltd.
Xxxxxxxx Paper UK Ltd.
Contract Paper Ltd.
Copygraphic Plc.
Corporate Express (Holdings) Ltd.
Corporate Express Ltd.
Corporate Express UK Ltd.
Xxxxxx Xxxxx Paper Ltd.
Pinnacle Film & Board Sales Ltd.
Ramchester Furnishings International Ltd.
Xxxxxx Xxxxx Group Plc. (f/k/a Xxxxxx Xxxxx Paper Company Ltd.)
Xxxxxx Xxxxx UK Plc (f/k/a Xxxxxx Xxxxx Group Plc.)
Savory Paper Ltd.
The Xxxxxx Xxxxx Paper Group Ltd.
The M6 Paper Group Ltd.
Trade Paper Ltd.
X. Xxxxxx & Company Ltd.
By: /s/ H. Van Den Kooij
-------------------------------
Name: H. Van Den Kooij
Title:
On Behalf of each of the above
Subsidiary Guarantors
Acknowledged and Agreed to:
ASAP Software Express, Inc.
BTOP USA Corp.
BTOPI Holding (U.S.)
Xxxxxxxx Swaps, Inc.
Corporate Express Delivery Systems - Expedited, Inc.
Corporate Express Document & Print Management Inc.
Corporate Express of Texas, Inc.
Corporate Express Office Products, Inc.
Corporate Express Philadelphia Real Estate, Inc.
Corporate Express Promotional Marketing, Inc.
Corporate Express Real Estate, Inc.
Corporate Express, Inc.
Distribution Resources Co.
Xxxxx Paper Company
License Technologies Group, Inc.
By: /s/ H. Van Den Kooij
-------------------------------
Name: H. Van Den Kooij
Title:
On Behalf of each of the above
Subsidiary Guarantors
