Exhibit 4.5
Execution Counterpart
AMENDMENT NO. 1 TO
SECOND AMENDED AND RESTATED CREDIT AGREEMENT
AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED CREDIT
AGREEMENT, dated as of December 30, 1998 among: UNITED STATIONERS SUPPLY CO., a
corporation duly organized and validly existing under the laws of the State of
Illinois (together with its successors and assigns, the "COMPANY"); UNITED
STATIONERS INC., a corporation duly organized and validly existing under the
laws of the State of Delaware (together with its successors and assigns, the
"GUARANTOR" and, together with the Company, the "OBLIGORS"); each of the lenders
identified under the caption LENDERS on the signature pages hereto
(individually, a "LENDER" and, collectively, the "LENDERS" ); and THE CHASE
MANHATTAN BANK, as agent for the Lenders (in such capacity, together with its
successors in such capacity, the "ADMINISTRATIVE AGENT").
WHEREAS, the Company, the Guarantor, the Lenders and the
Administrative Agent are parties to a Second Amended and Restated Credit
Agreement dated as of April 3, 1998 (as amended, modified and supplemented and
in effect, the "CREDIT AGREEMENT"), providing, subject to the terms and
conditions thereof, for extensions of credit (by making of loans and issuing
letters of credit) to be made by the Lenders to the Company in an aggregate
principal amount not exceeding $500,000,000; and
WHEREAS, the Company, the Guarantor, the Lenders and the
Administrative Agent wish to amend the Credit Agreement in certain respects;
NOW, THEREFORE, the parties hereto hereby agree as follows:
Section 1. DEFINITIONS. Terms defined in the Credit Agreement
are used herein as defined therein.
Section 2. AMENDMENT. Effective as provided in Section 3
below, the Credit Agreement shall be amended as follows:
2.01. References in the Credit Agreement (including references
to the Credit Agreement as amended hereby) to "this Agreement" (and indirect
references such as "hereunder", "hereby", "herein" and "hereof") shall be deemed
to be references to the Credit Agreement as amended hereby.
2.02. Section 9.07(c) of the Credit Agreement shall be
amended to read in its entirety as follows:
"(c) Indebtedness of any Wholly-Owned Subsidiary of the
Company (i) to the Company in an aggregate unpaid principal amount of not more
than $100,000,000 or (ii) to any other Wholly-Owned Subsidiary of the Company;"
Section 3. EFFECTIVENESS. The amendments to the Credit
Agreement set forth in Section 2 above shall become effective as of the date
hereof upon receipt by the Administrative Agent of one or more counterpart of
this Amendment No. 1 executed by each of the Obligors and the Lenders
constituting the Majority Lenders.
Section 4. MISCELLANEOUS. Except as herein provided, the
Credit Agreement shall remain unchanged and in full force and effect. This
Amendment No. 1 may be executed in any number of counterparts, all of which
taken together shall constitute one and the same amendatory instrument and any
of the parties hereto may execute this Amendment No. 1 by signing any such
counterpart. This Amendment No. 1 shall be governed by, and construed in
accordance with, the law of the State of New York.
2
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment No. 1 to be duly executed and delivered as of the day and year first
above written.
UNITED STATIONERS SUPPLY CO.
By /s/ Xxxxx X. Xxxxxx
--------------------------
Title: Treasurer
UNITED STATIONERS INC.
By /s/ Xxxxx X. Xxxxxx
--------------------------
Title: Treasurer
3
LENDERS
THE CHASE MANHATTAN BANK
By /s/ Xxxxx X. Shurf
-------------------------
Title: Vice President
BANK OF AMERICA NATIONAL TRUST AND
SAVINGS ASSOCIATION
By (Signature Illegible)
--------------------------
Title: Senior Vice President
THE FIRST NATIONAL BANK OF CHICAGO
By (Signature Illegible)
--------------------------
Title: Vice President
PNC BANK, NATIONAL ASSOCIATION
By (Signature Illegible)
--------------------------
Title: Senior Vice President
ARAB BANKING CORPORATION
(B.S.C.)
By /s/ Xxxxx X. XxXxxxxx
--------------------------
Title: Vice President
THE BANK OF NEW YORK
By (Signature Illegible)
--------------------------
Title: Vice President
BANK OF SCOTLAND
By (Signature Illegible)
--------------------------
Title:
4
BANK ONE, MILWAUKEE, NA
By (Signature Illegible)
--------------------------
Title: Vice President
COMERICA BANK
By (Signature Illegible)
--------------------------
Title: Vice President
THE FIRST NATIONAL BANK OF MARYLAND
By (Signature Illegible)
--------------------------
Title: Senior Vice President
HIBERNIA NATIONAL BANK
By /s/ Xxxxxxx X. Xxxxxxxx
--------------------------
Title: Xxxxxxx X. Xxxxxxxx
Vice President
KEY CORPORATE CAPITAL INC.
By (Signature Illegible)
--------------------------
Title: Vice President
THE LONG-TERM CREDIT BANK OF JAPAN,
LTD., CHICAGO BRANCH
By (Signature Illegible)
--------------------------
Title:
MICHIGAN NATIONAL BANK
By (Signature Illegible)
--------------------------
Title: Relationship Manager
5
NATIONAL BANK OF CANADA, a Canadian
Chartered Bank
By /s/ Xxxxxxxx X. Xxxxxxx
----------------------------------
Title: Assistant Vice President
By /s/ Xxxxx X. Xxxxx
----------------------------------
Title: Vice President
TRANSAMERICA BUSINESS CREDIT
CORPORATION
By (Signature Illegible)
----------------------------------
Title:
UNION BANK OF CALIFORNIA, N.A.
By (Signature Illegible)
----------------------------------
Title: Loan officer
WACHOVIA BANK, N.A.
By /s/ Xxxxx X. Xxxxxxx
----------------------------------
Title: Senior Vice President
PARIBAS
By /s/ Xxxxx X. Xxxxx
----------------------------------
Title: Vice President
By /s/ Xxxxx X. Xxxxxx
----------------------------------
Title: Vice President
DAI-ICHI KANGYO BANK, LTD.
By /s/ Xxxxx Xxxxxx
----------------------------------
Title: Sr. Vice President &
Joint General Manager
6
DEUTSCHE FINANCIAL SERVICES
By (Signature Illegible)
----------------------------------
Title: Vice President
THE FUJI BANK, LIMITED
By /s/ Xxxxx X. Xxxxxxxx
----------------------------------
Title: Joint General Manager
THE MITSUBISHI TRUST AND BANKING
CORPORATION CHICAGO BRANCH
By /s/ Nobuo Tominuga
----------------------------------
Title: Chief Manager
NATIONAL CITY BANK
By /s/ Xxxxx Xxxxx
----------------------------------
Title: Vice President
THE NORTHERN TRUST COMPANY
By (Signature Illegible)
----------------------------------
Title: Vice President
7
THE CHASE MANHATTAN BANK,
as Administrative Agent
By /s/ Xxxxx X. Shurf
--------------------------
Title: Vice President
