FIFTH AMENDMENT TO CREDIT AND GUARANTY AGREEMENT
Exhibit 10.3
FIFTH AMENDMENT TO CREDIT AND GUARANTY AGREEMENT
THIS FIFTH AMENDMENT TO CREDIT AND GUARANTY AGREEMENT (this “Amendment”), dated as of June 29, 2022, is made by and among ATHENEX, INC., a Delaware corporation (as applicable, the “Borrower”), the Lenders party hereto and OAKTREE FUND ADMINISTRATION, LLC, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”).
WHEREAS, the parties hereto are party to that certain Credit and Guaranty Agreement, dated as of June 19, 2020 (as amended by that certain First Amendment and Limited Waiver to Credit and Guaranty Agreement, dated as of June 3, 2021, that certain Second Amendment to Credit and Guaranty Agreement, dated December 14, 2021, that certain Third Amendment to Credit and Guaranty Agreement and First Amendment to Warrants, dated as of January 19, 2022, that certain Fourth Amendment to Credit and Guaranty Agreement, Second Amendment to the Warrants and Partial Release of Collateral, dated as of June 21, 2022, and as further amended, restated or modified from time to time, the “Credit Agreement”) by and among the Borrower, the Guarantors party thereto from time to time, the Lenders party thereto from time to time, and the Administrative Agent; and
WHEREAS, the Borrower has requested that the Lenders and the Administrative Agent agree to make certain amendments to the Credit Agreement, subject to the terms and conditions contained herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows.
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The Borrower represents and warrants as of the date hereof and on the Fifth Amendment Effective Date that:
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[Balance of Page Intentionally Left Blank; Signature Pages Follow]
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IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment, as of the date first above written.
BORROWER: ATHENEX, INC.,
a Delaware corporation
By: /s/ Xxxxxxx Y.N. Xxx
Name: Xx. Xxxxxxx Y.N. Xxx
Title: Chairman and Chief Executive Officer
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ADMINISTRATIVE AGENT: |
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OAKTREE FUND ADMINISTRATION, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Managing Member |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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LENDERS AND WARRANT HOLDERS: |
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OAKTREE-TCDRS STRATEGIC CREDIT, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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EXELON STRATEGIC CREDIT HOLDINGS, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE-NGP STRATEGIC CREDIT, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE-MINN STRATEGIC CREDIT LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE-XXXXXXX MULTI-STRATEGY LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE-TBMR STRATEGIC CREDIT FUND C, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE-TBMR STRATEGIC CREDIT FUND F, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE-TBMR STRATEGIC CREDIT FUND G, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE-TSE 16 STRATEGIC CREDIT, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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INPRS STRATEGIC CREDIT HOLDINGS, LLC |
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By: |
Oaktree Capital Management, L.P. |
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Its: |
Manager |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE HUNTINGTON-GCF INVESTMENT FUND, L.P. |
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By: |
Oaktree Huntington-GCF Investment Fund GP, L.P. |
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Its: |
General Partner |
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By: |
Oaktree Huntingon-GCF Investment Fund GP, LLC |
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Its: |
General Partner |
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By: |
Oaktree Fund GP I, L.P. |
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Its: |
Managing Member |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Authorized Signatory |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Authorized Signatory |
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OAKTREE STRATEGIC INCOME II, INC. |
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By: |
Oaktree Fund Advisors, LLC |
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Its: |
Investment Advisor |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE SPECIALTY LENDING CORPORATION |
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By: |
Oaktree Fund Advisors, LLC |
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Its: |
Investment Adviser |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE STRATEGIC INCOME CORPORATION |
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By: |
Oaktree Fund Advisors, LLC |
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Its: |
Investment Adviser |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Vice President |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Vice President |
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OAKTREE GILEAD INVESTMENT FUND, L.P. |
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By: |
Oaktree Gilead Investment Fund GP, L.P. |
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Its: |
General Partner |
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By: |
Oaktree Fund GP, LLC |
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Its: |
General Partner |
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By: |
Oaktree Fund GP I, L.P. |
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Its: |
Managing Member |
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By: |
/s/ Xxxxxxx Xxxxxxxx |
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Name: |
Xxxxxxx Xxxxxxxx |
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Title: |
Authorized Signatory |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Authorized Signatory |
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SAGARD HEALTHCARE ROYALTY PARTNERS, LP, acting through its general partner, SAGARD HEALTHCARE ROYALTY PARTNERS GP LLC |
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By: |
/s/ Xxxx Xxxxx |
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Name: Xxxx Xxxxx |
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By: |
/s/ Xxxxx Sneah |
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Name: Xxxxx Sneah Title: Manager |
OPB SHRP CO-INVEST CREDIT LIMITED |
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By: |
/s/ Xxxxxxxx Hartviksen |
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Name: Xxxxxxxx Hartviksen |
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SIMCOE SHRP CO-INVEST CREDIT LTD. |
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By: |
/s/ Xxxxxxxx Hartviksen |
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Name: Xxxxxxxx Hartviksen |
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