MODIFICATION TO FOURTH CONSENT
EXHIBIT 10.1(g)
MODIFICATION TO FOURTH CONSENT
MODIFICATION TO FOURTH CONSENT (this “Consent”), dated as of February 22, 2002, among CONSOLIDATED CONTAINER HOLDINGS LLC, a Delaware limited liability company (“Holdings”), CONSOLIDATED CONTAINER COMPANY LLC, a Delaware limited liability company (the “Borrower”), the Banks party to the Credit Agreement referred to below (the “Banks”), BANKERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”), JPMORGAN CHASE BANK (successor by merger to Xxxxxx Guaranty Trust Company of New York), as Documentation Agent (the “Documentation Agent”), and CREDIT SUISSE FIRST BOSTON (formerly known as Xxxxxxxxx, Lufkin & Xxxxxxxx Securities Corporation), as Syndication Agent (the “Syndication Agent” and, together with the Administrative Agent and the Documentation Agent, the “Agents”). Unless otherwise indicated, 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, Holdings, the Borrower, the Banks and the Agents are parties to a Credit Agreement, dated as of July 1, 1999 (as amended, restated, modified and/or supplemented to but not including the date hereof, the “Credit Agreement”);
WHEREAS, Holdings, the Borrower, the Banks and the Agents are parties to the Third Amendment and Waiver to the Credit Agreement, dated as of November 12, 2001 (the “Third Amendment”);
WHEREAS, Holdings, the Borrower, the Banks and the Agents are parties to the Fourth Consent to the Credit Agreement, dated as of February 8, 2002 (the “Fourth Consent”); and
WHEREAS, Holdings, the Borrower, and the Banks wish to further extend the Waiver Period (as defined in the Third Amendment) granted under the Third Amendment and extended pursuant to the Fourth Consent;
NOW, THEREFORE, it is agreed:
1. The parties hereto hereby agree to further extend the Waiver Period referred to in paragraph 1 of the Fourth Consent by deleting the date “February 22, 2002” appearing in said paragraph and inserting the date “February 28, 2002” in lieu thereof.
2. This Consent 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 Consent 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 shall be lodged with the Borrower and the Administrative Agent.
4. THIS CONSENT 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.
5. This Consent shall become effective on the date (the “Modification Effective Date”) when Holdings, the Borrower and the Required Banks shall have signed a counterpart hereof (whether the same or different counterpart) and shall have delivered (including by way of facsimile transmission) the same to the Administrative Agent at the Notice Office.
6. In order to induce the Banks to enter into this Consent, the Borrower hereby represents and warrants that (i) the representations, warranties and agreements contained in Section 6 of the Credit Agreement are true and correct in all material respects on and as of the Modification Effective Date, both before and after giving effect to this Consent and (ii) there exists no Default or Event of Default on the Modification Effective Date, after giving effect to this Consent.
7. From and after the Modification Effective Date, all references in the Credit Agreement and each of the Credit Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement as amended hereby.
* * *
IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Consent to be duly executed and delivered as of the date first above written.
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CONSOLIDATED CONTAINER HOLDINGS LLC |
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CONSOLIDATED CONTAINER COMPANY LLC |
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By:
Consolidated Container Holdings LLC, |
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BANKERS TRUST COMPANY, |
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Individually and as Administrative Agent |
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JPMORGAN CHASE BANK (successor by merger to Xxxxxx Guaranty Trust Company of New York), |
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Individually and as Documentation Agent |
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CREDIT SUISSE FIRST BOSTON (formally known as Xxxxxxxxx, Lufkin & Xxxxxxxx Securities Corporation), Individually and as Syndication Agent |
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ATHENA CDO, LIMITED |
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BANCO POPULAR DE PUERTO RICO |
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BANK AUSTRIA CREDITANSTALT |
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BANK OF MONTREAL |
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THE BANK OF NEW YORK |
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THE BANK OF NOVA SCOTIA |
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BANK POLSKA KASA OPIEKI, S.A. |
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BEDFORD CDO, LIMITED |
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CAPTIVA III FINANCE, LTD. |
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CAPTIVA IV FINANCE, LTD. |
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DZ BANK AG |
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DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK, FRANKFURT AM MAIN, (successor by merger to DG BANK DEUTSCHE GENOSSENSCHAFTSBANK AG) |
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THE DAI-ICHI KANGYO BANK, LIMITED |
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ERSTE BANK DER OESTERREINCHISCHEN |
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SPARKASSEN |
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FLEET NATIONAL BANK, N.A. |
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FIRSTRUST BANK |
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FIRST UNION NATIONAL BANK |
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GENERAL ELECTRIC CAPITAL |
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CORPORATION |
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GRAYSTON CLO 2001-1 LTD. |
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BAYERESCHE HYPO-UND VEREINSBANK |
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AG, NEW YORK BRANCH |
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THE INDUSTRIAL BANK OF JAPAN, LIMITED |
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THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND |
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KZH CRESCENT LLC |
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KZH CRESCENT-2 LLC |
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KZH CRESCENT-3 LLC |
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KZH PONDVIEW LLC |
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XXXXXXXX CDO, LTD (f/k/a KZH LANGDALE LLC) |
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KZH WATERSIDE LLC |
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THE MITSUBISHI TRUST AND BANKING CORPORATION |
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NATIONAL CITY BANK |
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NATEXIS BANQUE POPULAIRES |
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NORTH AMERICAN SENIOR FLOATING RATE FUND INC. |
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TCW LEVERAGE INCOME TRUST, L.P. |
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By: TCW Advisors (Bermuda), Ltd., |
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as General Partner |
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Name: |
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Title: |
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By: TCW Investment Management Company, |
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as Investment Advisor |
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OAK BROOK BANK |
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SENIOR DEBT PORTFOLIO |
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By: Boston Management
and Research as |
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SEQUILS I, LTD. |
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SEQUILS IV, LTD. |
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Title: |
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XXXXXXXXX ARBITRAGE CDO, LTD. |
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Name: |
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SUMITOMO TRUST & BANKING CO., LTD. |
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TCW LEVERAGED INCOME TRUST L.P. |
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TCW LEVERAGED INCOME TRUST II L.P. |
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TORONTO DOMINION (NEW YORK), INC. |
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XXXXXXX BANK |
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TCW LEVERAGED INCOME TRUST IV, L.P. |
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By: TCW (XXXX XX), L.L.C., |
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as General Partner |
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By: TCW ASSET MANAGEMENT COMPANY |
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as managing member of the General Partner |
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Title: |
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WINDSOR LOAN FUNDING, LTD. |
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Name: |
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Title: |
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ADDISON CDO, LIMITED (ACCT 1279) |
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By: Pacific Investment Management Company |
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LLC, as its Investment Advisor |
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Name: |
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Title: |
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DELANO COMPANY (ACCT 274) |
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By: Pacific Investment Management Company |
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LLC, as its Investment Advisor |
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Name: |
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Title: |
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JISSEKIKUN FUNDING, LTD. (ACCT 1288) |
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By: Pacific Investment Management Company |
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LLC, as its Investment Advisor |
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By |
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Name: |
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Title: |
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CAPTIVA II FINANCE LTD. |
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By |
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Name: |
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Title: |
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APEX (IDM) CDO I, LTD. |
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By |
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Name: |
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Title: |
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ELC (CAYMAN) LTD. 2000-1 |
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By |
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XXXXX CLO LTD. 2000-1 |
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By |
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PROMETHEUS INVESTMENT FUNDING NO. 1 LTD. |
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By: CPF Asset Advisory, L.P. |
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As Investment Manager |
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By |
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Name: |
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Title: |
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Title: |