THIRD AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
EXHIBIT 4.21
THIRD AMENDMENT TO SECOND AMENDED AND RESTATED
CREDIT AGREEMENT
To each of the Lenders
signatory hereto
Ladies and Gentlemen:
Reference is hereby made to that certain Second Amended and Restated Credit
Agreement dated as of May 18, 1998 (the Second Amended and Restated Credit
Agreement, as the same has been amended prior to the date hereof, being referred
to herein as the "Credit Agreement"), between the undersigned, Everest
Healthcare Services Corporation, the Lenders party thereto, and Xxxxxx Trust and
Savings Bank, as Agent. All capitalized terms used herein without definition
shall have the same meanings herein as such terms have in the Credit Agreement.
The Company has requested that the Acquisition Financing Termination Date
and the Supplemental Revolving Credit Termination Date be extended to June 15,
1999, and the Lenders are willing to do so under the terms and conditions set
forth in this agreement (herein, the "Amendment").
1. AMENDMENT.
Subject to the satisfaction of the conditions precedent set forth in
Section 2 below, the definitions of "Acquisition Financing Termination Date" and
"Supplemental Revolving Credit Termination Date" appearing in Section 9.1 of the
Credit Agreement shall each be amended and restated in their entirety to read as
follows:
"Acquisition Financing Termination Date" means June 15,
1999, or such earlier date on which the Acquisition
Financing Commitments are terminated in whole pursuant
to Sections 3.8, 8.2 or 8.3 hereof.
"Supplemental Revolving Credit Termination Date" means
June 15, 1999, or such earlier date on which the
Supplemental Revolving Credit Commitments are
terminated in whole pursuant to Section 3.8, 8.2 or 8.3
hereof.
2. CONDITIONS PRECEDENT.
The effectiveness of this Amendment is subject to the satisfaction of all
of the following conditions precedent:
This Third Amendment to Second Amended and Restated Credit Agreement is
dated as of April __, 1999.
EVEREST HEALTHCARE SERVICES
CORPORATION
By /s/ Xxxx X Xxxxxx
---------------------------------
Xxxx X. Xxxxxx
Chief Financial Officer
Accepted and agreed to as of the date and year last above written.
XXXXXX TRUST AND SAVINGS BANK,
individually as a Lender and as Agent
By_________________________________
Name_____________________________
Title____________________________
COMERICA BANK
By_________________________________
Name_____________________________
Title____________________________
FIRSTAR BANK ILLINOIS
By_________________________________
Name_____________________________
Title____________________________
MERCANTILE BANK NATIONAL ASSOCIATION
By_________________________________
Name_____________________________
Title____________________________
This Third Amendment to Second Amended and Restated Credit Agreement is
dated as of April __, 1999.
EVEREST HEALTHCARE SERVICES
CORPORATION
By_________________________________
Xxxx X. Xxxxxx
Chief Financial Officer
Accepted and agreed to as of the date and year last above written.
XXXXXX TRUST AND SAVINGS BANK,
individually as a Lender and as Agent
By /s/ Xxxxxx Xxxxxxx-Xxxxxxxx
---------------------------------
Name Xxxxxx Xxxxxxx-Xxxxxxxx
-----------------------------
Title Vice President
-----------------------------
COMERICA BANK
By_________________________________
Name_____________________________
Title____________________________
FIRSTAR BANK ILLINOIS
By_________________________________
Name_____________________________
Title____________________________
MERCANTILE BANK NATIONAL ASSOCIATION
By_________________________________
Name_____________________________
Title____________________________
This Third Amendment to Second Amended and Restated Credit Agreement is
dated as of April __, 1999.
EVEREST HEALTHCARE SERVICES
CORPORATION
By_________________________________
Xxxx X. Xxxxxx
Chief Financial Officer
Accepted and agreed to as of the date and year last above written.
XXXXXX TRUST AND SAVINGS BANK,
individually as a Lender and as Agent
By_________________________________
Name_____________________________
Title____________________________
COMERICA BANK
By /s/ Xxxxxxx X. Xxxxxx
---------------------------------
Name Xxxxxxx X. Xxxxxx
-----------------------------
Title Vice President
----------------------------
FIRSTAR BANK ILLINOIS
By_________________________________
Name_____________________________
Title____________________________
MERCANTILE BANK NATIONAL ASSOCIATION
By_________________________________
Name_____________________________
Title____________________________
This Third Amendment to Second Amended and Restated Credit Agreement is
dated as of April __, 1999.
EVEREST HEALTHCARE SERVICES
CORPORATION
By_________________________________
Xxxx X. Xxxxxx
Chief Financial Officer
Accepted and agreed to as of the date and year last above written.
XXXXXX TRUST AND SAVINGS BANK,
individually as a Lender and as Agent
By_________________________________
Name_____________________________
Title____________________________
COMERICA BANK
By_________________________________
Name_____________________________
Title____________________________
FIRSTAR BANK ILLINOIS
By /s/ M Xxxxxx
---------------------------------
Name Xxxx Xxxxxx
-----------------------------
Title V P
----------------------------
MERCANTILE BANK NATIONAL ASSOCIATION
By_________________________________
Name_____________________________
Title____________________________
This Third Amendment to Second Amended and Restated Credit Agreement is
dated as of April ___, 1999.
EVEREST HEALTHCARE SERVICES
CORPORATION
By____________________________________
Xxxx X. Xxxxxx
Chief Financial Officer
Accepted and agreed to as of the date and year lase above written.
XXXXXX TRUST AND SAVINGS BANK,
individually as a Lender and as Agent
By____________________________________
Name________________________________
Title_______________________________
COMERICA BANK
By____________________________________
Name________________________________
Title_______________________________
FIRSTAR BANK ILLINOIS
By____________________________________
Name________________________________
Title_______________________________
MERCANTILE BANK NATIONAL ASSOCIATION
By /s/ [SIGNATURE ILLEGIBLE]^^
-----------------------------------
Name [SIGNATURE ILLEGIBLE]^^
-------------------------------
Title Senior Vice President
-------------------------------
BANK OF AMERICA NATIONAL TRUST AND
SAVINGS ASSOCIATION
By /s/ Xxx Xxxxxxxx
------------------------------------
Name Xxx Xxxxxxxx
-------------------------------
Title Vice President
------------------------------
KEY CORPORATE CAPITAL INC.
By____________________________________
Name________________________________
Title_______________________________
M&I XXXXXXXX & XXXXXX BANK
By____________________________________
Name________________________________
Title_______________________________
-5-
BANK OF AMERICA NATIONAL TRUST AND
SAVINGS ASSOCIATION
By___________________________________
Name_______________________________
Title______________________________
KEY CORPORATE CAPITAL INC.
By /s/ Xxxxxx XxXxxx
----------------------------------
Name XXXXXX XXXXXX
------------------------------
Title AVP
-----------------------------
M&I XXXXXXXX & ILSLEY BANK
By____________________________________
Name________________________________
Title_______________________________
BANK OF AMERICA NATIONAL TRUST AND
SAVINGS ASSOCIATION
By____________________________________
Name________________________________
Title_______________________________
KEY CORPORATE CAPITAL INC.
By____________________________________
Name________________________________
Title_______________________________
M&I XXXXXXXX & XXXXXX BANK
By /s/ Xxxxx X. Xxx Xxxxxx
-----------------------------------
Name Xxxxx X. Xxx Xxxxxx
-------------------------------
Title V.P.
------------------------------
ACKNOWLEDGEMENT AND CONSENT
The undersigned, being all of the Restricted Subsidiaries of Everest
Healthcare Services Corporation, have heretofore executed and delivered to the
Agent and the Lenders one or more Guaranties. Each of the undersigned hereby
consents to the Amendment to the Credit Agreement as set forth above and
confirms that its Guaranty and all of its obligations thereunder remain in full
force and effect. Each of the undersigned further agrees that the consent of
the undersigned to any further amendments to the Credit Agreement shall not be
required as a result of this consent having been obtained, except to the extent,
if any, required by the Guaranties referred to above.
The Extracorporeal Alliance, L.L.C. WSKC Dialysis Services, Inc.
Tri-State Perfusion, L.L.C. Ohio Valley Dialysis Center, Inc.
Perfusion Resource Association, L.L.C. Northwest Indiana Dialysis, Inc.
New York Dialysis Management, Inc.
By: Everest Management, Inc., as Manager Mercy Dialysis Center, Inc.
DuPage Dialysis, Ltd.
Lake Avenue Dialysis Center, Inc.
By: /s/ Xxxx X Xxxxxx Home Dialysis of America, Inc.
------------------------------------------
Xxxx X. Xxxxxx, an authorized signatory Amarillo Acute Dialysis Specialists, L.L.C.
Dialysis Specialists of Corpus Christi, L.L.C.
Saint Xxxxxxxx Mercy Dialysis Centers, L.L.C. Home Dialysis of Eastgate, Inc.
Xxxxxxx Dialysis Center, L.L.C. Dialysis Services of Cincinnati, Inc.
Hemo Dialysis of Amarillo, L.L.C. Everest Management, Inc.
Dialysis Specialists of South Texas, L.L.C.
By: Everest Healthcare Services Home Dialysis of Mount Auburn, Inc.
Corporation, as Manager Continental Health Care, Ltd.
Con-Med Supply Company, Inc.
By: /s/ Xxxx X Xxxxxx North Xxxxxxx Dialysis Center, Inc.
------------------------------------------
Xxxx X. Xxxxxx, an authorized signatory Home Dialysis of Dayton, Inc.
Everest New York Holdings, Inc.
Everest One IPA, Inc.
Everest Two IPA, Inc.
Everest Three IPA, Inc.
Acute Extracorporeal Services, L.L.C.
Dialysis Specialties of Topeka, Inc.
Dialysis Specialties of Central Cincinnati, Ltd.
Home Dialysis of Columbus, Inc.
Home Dialysis of Fairfield, Inc.
By: /s/ Xxxx X Xxxxxx
------------------------------------------
Xxxx X. Xxxxxx, an authorized signatory
