BLUE SQUARE FUNDING LTD. SERIES 3, as a Lender
1
BLUE SQUARE FUNDING LTD. SERIES 3, as a
Lender
By:
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Name:
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Title:
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S-6
2
THE CHASE MANHATTAN BANK, as a Lender
By:
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Name:
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Title:
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S-7
3
XXXXX XXXXX INSTITUTIONAL SENIOR LOAN FUND,
as a Lender
By:
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Name:
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Title:
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S-8
4
XXXXX XXXXX PRIME FUND, INC., as a Lender
By:
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Name:
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Title:
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S-9
5
XXXXX XXXXX SENIOR INCOME TRUST, as a Lender
By:
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Name:
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Title:
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S-10
6
ELF FUNDING TRUST I, as a Lender
By:
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Name:
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Title:
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S-11
7
EMERALD ORCHARD LIMITED, as a Lender
By:
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Name:
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Title:
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S-12
8
U.S. BANK NATIONAL ASSOCIATION, as a Lender
By:
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Name:
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Title:
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S-13
9
GALAXY CLO 1999-1, LTD., as a Lender
By: SAI INVESTMENT ADVISER, INC.,
its Collateral Manager
By:
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Name:
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Title:
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S-14
10
KZH SOLEIL LLC, as a Lender
By:
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Name:
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Title:
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S-15
11
KZH SOLEIL-2 LLC, as a Lender
By:
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Name:
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Title:
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S-16
12
KZH STERLING LLC, as a Lender
By:
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Name:
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Title:
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S-17
13
MAPLEWOOD (CAYMAN) LIMITED, as a Lender
By:
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Name:
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Title:
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S-18
14
MASSACHUSETTS MUTUAL LIFE INSURANCE CO, as a
Lender
By:
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Name:
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Title:
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S-19
15
MASTER SENIOR FLOATING RATE TRUST, as a Lender
By:
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Name:
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Title:
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S-20
16
XXXXXXX XXXXX PRIME RATE PORTFOLIO, as a Lender
By:
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Name:
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Title:
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S-21
17
XXXXXXX XXXXX SENIOR FLOATING RATE FUND, INC.,
as a Lender
By:
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Name:
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Title:
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S-22
18
NATIONAL CITY BANK OF MICHIGAN/ILLINOIS,
as a Lender
By:
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Name:
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Title:
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S-23
19
OXFORD STRATEGIC INCOME FUND, as a Lender
By:
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Name:
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Title:
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S-24
20
THE PROVIDENT BANK, as a Lender
By:
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Name:
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Title:
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S-25
21
SUNTRUST BANK, as a Lender
By:
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Name:
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Title:
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S-26
22
XXX XXXXXX SENIOR INCOME TRUST, as a Lender
By:
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Name:
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Title:
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S-27
23
XXX XXXXXX SENIOR FLOATING RATE FUND,
as a Lender
By:
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Name:
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Title:
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S-28
24
XXX XXXXXX PRIME RATE INCOME TRUST, as a Lender
By:
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Name:
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Title:
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S-29
25
CONSENT
DATED AS OF MAY 10, 2001
The undersigned, in their respective capacities as (i) Guarantors
under the Guaranty, Indemnity and Subordination Agreement, (ii) Grantors under,
and as defined in, the Pledge and Security Agreements, (iii) Assignors under,
and as defined in, the Trademark Collateral Assignment and the Copyright
Security Agreement, and (iv) Makers and Payees under, and as defined in, the
Subsidiary Notes (as such terms are defined in and under that certain Amended
and Restated Credit Agreement dated as of April 18, 2000 (as amended,
supplemented, replaced or otherwise modified from time to time, the "CREDIT
AGREEMENT") among Liberty Group Operating, Inc., a Delaware corporation (the
"BORROWER"), Liberty Group Publishing, Inc., a Delaware corporation
("HOLDINGS"), the Lenders party thereto, Citicorp USA, Inc., as Administrative
Agent (in such capacity, the "ADMINISTRATIVE AGENT") and Swingline Lender (in
such capacity, the "SWINGLINE LENDER"), Citibank, N.A., as Issuing Bank (the
"ISSUING BANK"), DB Xxxx. Xxxxx LLC, as Syndication Agent (the "SYNDICATION
AGENT"), Xxxxx Fargo Bank, N.A., as Documentation Agent (the "DOCUMENTATION
AGENT"), and Bank of America, N.A., as Co-Agent) (the "CO-AGENT") ), each hereby
consents and agrees to the foregoing Amendment and hereby confirms and agrees
that (a) each of the Guaranty, Indemnity and Subordination Agreement, the Pledge
and Security Agreements, the Trademark Collateral Assignment, the Copyright
Security Agreement, and each of the Subsidiary Notes, and each of the other
Security Documents is, and shall continue to be, in full force and effect and is
hereby ratified and confirmed in all respects, (b) each reference in the
Guaranty, Indemnity and Subordination Agreement, the Pledge and Security
Agreements, the Trademark Collateral Assignment, the Copyright Security
Agreement, the Subsidiary Notes and the other Security Documents to "the Credit
Agreement", "thereunder", "thereof" or words of like import referring to the
Credit Agreement shall mean and be a reference to the Credit Agreement as
modified by the foregoing Amendment, (c) the Guaranty, Indemnity and
Subordination Agreement does, and shall continue to, secure the payment and
performance of all of the Guaranteed Obligations (as defined in the Guaranty,
Indemnity and Subordination Agreement), (d) the Pledge and Security Agreements
and all of the Collateral does, and shall continue to, secure the payment and
performance of all of the Secured Obligations (as such terms are defined in the
Pledge and Security Agreements), (e) the Trademark Collateral Assignment and all
of the Trademark Collateral does, and shall continue to, secure the payment and
performance of all of the Secured Obligations (as such terms are defined in the
Trademark Collateral Assignment), (f) the Copyright Security Agreement and all
of the Copyright Collateral described therein does, and shall continue to,
secure the payment and performance of all of the Secured Obligations (as defined
in the Copyright Security Agreement) and (g) the Subsidiary Notes and all of the
Guarantor Collateral (as defined therein) do, and shall continue to, secure the
payment of all amounts payable thereunder.
(SIGNATURE PAGE FOLLOWS)
26
IN WITNESS WHEREOF, the parties hereto have duly executed this Consent
as of the date first above written.
LIBERTY GROUP ARIZONA HOLDINGS, INC.
LIBERTY GROUP ARKANSAS HOLDINGS, INC.
LIBERTY GROUP CALIFORNIA HOLDINGS, INC.
LIBERTY GROUP IDAHO HOLDINGS, INC.
LIBERTY GROUP ILLINOIS HOLDINGS, INC.
LIBERTY GROUP IOWA HOLDINGS, INC.
LIBERTY GROUP KANSAS HOLDINGS, INC.
LIBERTY GROUP LOUISIANA HOLDINGS, INC.
LIBERTY GROUP MICHIGAN HOLDINGS, INC.
LIBERTY GROUP MINNESOTA HOLDINGS, INC.
LIBERTY GROUP MISSOURI HOLDINGS, INC.
LIBERTY GROUP NEBRASKA HOLDINGS, INC.
LIBERTY GROUP NEVADA HOLDINGS, INC.
LIBERTY GROUP NEW YORK HOLDINGS, INC.
LIBERTY GROUP NORTH DAKOTA HOLDINGS, INC.
LIBERTY GROUP PENNSYLVANIA HOLDINGS, INC.
LIBERTY GROUP MANAGEMENT SERVICES, INC.
LIBERTY GROUP SUBURBAN NEWSPAPERS, INC.
ELKO DAILY FREE PRESS
XXXXX NEWSPAPERS, INC.
MINERAL DAILY NEWS TRIBUNE, INC. ("WEST
VIRGINIA")
NEWS LEADER, INC.
By:
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Name:
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Title:
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[Acting for and on behalf of each of the
entities named above]
