AMENDMENT NO. 1 TO CREDIT AGREEMENT
Exhibit 10.34.1.1
AMENDMENT NO. 1 TO CREDIT AGREEMENT
This AMENDMENT NO. 1 TO CREDIT AGREEMENT (this “Amendment No. 1”) is made as of January 12,
2006 among (a) FelCor Lodging Trust Incorporated and FelCor Lodging Limited Partnership
(collectively, the “Borrowers”), (b) the Lenders party hereto, and (c) JPMorgan Chase Bank, N.A.
(“JPMCB”) as Administrative Agent (in such capacity, the “Administrative Agent”) for the Lenders.
WHEREAS, the Borrowers, the Lenders and the Administrative Agent are parties to a Credit
Agreement, dated as of December 12, 2005 (the “Credit Agreement”), pursuant to which the Lenders
have agreed to make loans to the Borrowers on the terms and conditions set forth therein; and
WHEREAS, the Borrowers have requested that the Lenders amend certain provisions of the Credit
Agreement, and the Lenders party hereto are willing to so amend certain provisions of the Credit
Agreement on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the foregoing premises, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, and fully intending to
be legally bound by this Amendment No. 1, the parties hereto agree as follows:
1. Definitions. Capitalized terms used herein without definition shall have the
meanings assigned to such terms in the Credit Agreement.
2. Amendments to Credit Agreement. As of the Effective Date (as defined in Section 4
hereof) the Credit Agreement is amended by deleting the date “January 15, 2006” set forth in the
last paragraph of Section 4.1 and substituting the date “February 15, 2006” in place thereof:
3. Provisions Of General Application.
3.1. No Other Changes. Except as otherwise expressly provided or contemplated
by this Amendment No. 1, all of the terms, conditions and provisions of the Credit
Agreement remain unaltered and in full force and effect. The Credit Agreement and this
Amendment No. 1 shall be read and construed as one agreement.
3.2. Governing Law. THIS AMENDMENT NO. 1 SHALL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.
3.3. Assignment. This Amendment No. 1 shall be binding upon and inure to
the benefit of each of the parties hereto and their respective permitted successors and
assigns.
3.4. Counterparts. This Amendment No. 1 may be executed in any number of
counterparts, but all such counterparts shall together constitute but one and the same
agreement. In making proof of this Amendment No. 1, it shall not be necessary to produce
or account for more than one counterpart thereof signed by each of the parties hereto.
4. Effectiveness of this Amendment No. 1. This Amendment No. 1 shall become effective
on (the “Effective Date”) the date of execution and delivery to the Administrative Agent by each of
the Lenders, the Borrowers, and the Administrative Agent of this Amendment No. 1.
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IN WITNESS WHEREOF, the undersigned have duly executed and delivered this Amendment No. 1 as
of the date first set forth above.
BORROWERS: | FELCOR LODGING TRUST INCORPORATED
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By: | /s/ Xxxxxx X. Xxxxx | ||||
Name: | Xxxxxx X. Xxxxx | ||||
Title: Senior Vice President | |||||
FELCOR LODGING LIMITED PARTNERSHIP | ||||
By: | FelCor Lodging Trust Incorporated, | |||
its General Partner |
By: | /s/ Xxxxxx X. Xxxxx | |||
Name: Xxxxxx X. Xxxxx | ||||
Title: Senior Vice President |
LENDERS:
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JPMORGAN CHASE BANK, N.A., | |
individually and as Swingline Lender, Issuing | ||
Bank and Administrative Agent, |
By: | /s/ Xxxxxx Xxxxxxxx | |||
Name: | Xxxxxx Xxxxxxxx | |||
Title: | Managing Director | |||
CITICORP NORTH AMERICA, INC. |
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By: | /s/ Xxxxx Xxxxxx | |||
Name: | Xxxxx Xxxxxx | |||
Title: | Vice President | |||
XXXXXXX XXXXX CAPITAL CORPORATION |
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By: | /s/ Xxxx X. Xxxxxxx | |||
Name: | Xxxx X. Xxxxxxx | |||
Title: | Vice President | |||
BANK OF AMERICA, N.A. |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Senior Vice President | |||
DEUTSCHE BANK TRUST COMPANY AMERICAS |
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By: | /s/ Xxxxx Xxxx | |||
Name: | Xxxxx Xxxx | |||
Title: | Vice President | |||
By: | /s/ Xxxxxx Xxxxx | |||
Name: | Xxxxxx Xxxxx | |||
Title: | Vice President |
XXXXXX XXXXXXX SENIOR FUNDING, INC. |
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By: | /s/ Xxxxxx X. Xxxxxx | |||
Name: | Xxxxxx X. Xxxxxx | |||
Title: | Vice President |