EXHIBIT 10.6
CREDITOR ACCESSION AGREEMENT
THIS AGREEMENT is made on 18 June 2004
BETWEEN:
(1) UGI Bordeaux Holding (the "NEW INVESTOR"); and
(2) Calyon in its capacity as Security Agent under the Intercreditor
Agreement.
RECITALS:
(A) This agreement is supplemental to an intercreditor agreement dated 7 July
2003, (the "INTERCREDITOR AGREEMENT") between, among others, AGZ Holding
and the entities named therein as Senior Lenders, High Yield Issuer and
Investors.
(B) This agreement has been entered into to record the accession of the New
Investor as an Investor under the Intercreditor Agreement.
IT IS AGREED as follows:
1. DEFINITIONS
Words and expressions defined in the Intercreditor Agreement have the same
meanings when used in this agreement.
2. ACCESSION OF NEW CREDITOR
2.1 The New Investor agrees to become, with immediate effect, a party to, and
agrees to be bound by the terms of, the Intercreditor Agreement as if it
had originally been party to the Intercreditor Agreement as an Investor.
2.2 The New Investor confirms that its address details for notices in relation
to clause 18 (Notices) are as follows:
Address: Immeuble Les Renardieres, 0 xxxxx xx Xxxxxxx, 00000
Xxxxxxxxxx
Facsimile: x00 (0)0 00 00 00 13
Attention of: President
2.3 The Security Agent for itself and the other parties to this agreement
other than the New Investor confirms the acceptance of the New Investor as
an Investor for the purposes of the Intercreditor Agreement.
3. LAW
3.1 This agreement (and any dispute, controversy, proceedings or claim of
whatever nature arising out of or in any way relating to this deed) shall
be governed by and construed in accordance with French law.
3.2 For the benefit of each Financial Party, each of the parties hereto
irrevocably submits to the exclusive jurisdiction of the Commercial Court
of Paris (Tribunal de Commerce de Paris) for the purpose of hearing and
determining at first instance any dispute arising out of this agreement.
SIGNATORIES TO THE CREDITOR ACCESSION AGREEMENT
THE NEW INVESTOR
Executed by:
THE SECURITY AGENT
Executed by:
2