EXHIBIT 10.1 (c)
EXECUTION COPY
FIRST AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AGREEMENT
THIS FIRST AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AGREEMENT (this
"AMENDMENT"), dated as of the 14th day of December, 2000 (the "AMENDMENT DATE"),
by and among RURAL CELLULAR CORPORATION, a Minnesota corporation (the
"BORROWER"); the financial institutions signatory hereto (the "LENDERS"); and
TORONTO DOMINION (TEXAS), INC., as administrative agent (the "ADMINISTRATIVE
AGENT") for the Lenders;
W I T N E S S E T H:
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WHEREAS, the Borrower, the Administrative Agent and the Lenders are
parties to that certain Third Amended and Restated Loan Agreement, dated as of
June 29, 2000 (as heretofore and hereafter amended, modified, supplemented and
restated from time to time, the "LOAN AGREEMENT"); and
WHEREAS, the Borrower has requested that the Administrative Agent and
the Lenders amend certain definitions and provisions in the Loan Agreement as
more specifically set forth below; and
WHEREAS, the Administrative Agent and the Lenders have agreed to such
amendments on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the premises set forth above, the
covenants and agreements hereinafter set forth, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree that all capitalized terms used herein shall have the
meanings ascribed to such terms in the Loan Agreement, and further agree as
follows:
1. AMENDMENTS TO LOAN AGREEMENT.
(a) AMENDMENTS TO ARTICLE 1.
(i) Article 1 of the Loan Agreement, DEFINITIONS, is hereby
amended by deleting the definition of "SUBSIDIARY" in its entirety and
substituting in lieu thereof the following:
"'SUBSIDIARY' shall mean, as applied to any Person, (a) any
corporation of which more than fifty percent (50%) of the outstanding
stock (other than directors' qualifying shares) having ordinary voting
power to elect a majority of its board of directors, regardless of the
existence at the time of a right of the holders of any class or
classes of securities of such corporation to exercise such voting
power by reason of the happening of any contingency, or any
partnership or limited liability company of which more than fifty
percent (50%) of the outstanding partnership or membership interests,
is at the time owned directly or indirectly by such Person, or by one
or more Subsidiaries of such Person, or by such Person and one or more
Subsidiaries of such Person, or (b) any other entity which is directly
or indirectly controlled or capable of being controlled by such
Person, or by one or more Subsidiaries of such Person, or by such
Person and one or more Subsidiaries of such Person. Notwithstanding
the foregoing, Subsidiary shall not include Wireless Alliance nor, for
the purposes of determining Borrower's compliance with Sections 7.8,
7.9, 7.10, 7.11 and 7.12 hereof, PCS Subsidiary; PROVIDED, HOWEVER,
that upon written notice to the Administrative Agent, which shall
include projections, in form and substance satisfactory to the
Administrative Agent, reflecting PRO FORMA compliance with such
covenants through the Term Loan C Maturity Date (and the Incremental
Facility Maturity Date, if beyond the Term Loan C Maturity Date) the
Borrower may make an irrevocable election to include the PCS
Subsidiary for the purposes of determining the Borrower's compliance
with the foregoing covenants for the remainder of the term of this
Loan Agreement (commencing in the calendar quarter immediately
following the date such notice is received)."
(ii) Article 1 of the Loan Agreement, DEFINITIONS, is hereby
amended by adding the following definition in its proper alphabetical order:
"'PCS SUBSIDIARY' shall mean any wholly-owned Subsidiary of the
Borrower formed for the sole purposes of acquiring, constructing,
holding and/or operating all or part of the PCS System-related assets
of the Borrower and having no other assets or Licenses."
(b) AMENDMENT TO ARTICLE 2.
(i) AMENDMENT TO SECTION 2.7(b)(v). Section 2.7(b)(v) of the
Loan Agreement, REPAYMENTS, EXCESS CASH FLOW, is hereby amended by deleting the
second sentence of such subsection and substituting in lieu thereof the
following:
"Subject to Section 2.7(b)(xii) hereof, the amount of the Excess
Cash Flow required to be repaid under this Section 2.7(b)(v) shall be
applied first to the Term Loans then outstanding (on a pro rata basis
for all Term Loans) in inverse order of maturity for each Term Loan
and, if applicable, the Incremental Facility Loans (if in the form of
a term loan), second to the Revolving Loans and, if applicable, to the
Incremental Facility Loans (if in the form of a revolver)."
(ii) AMENDMENT TO SECTION 2.7(b)(vi). Section 2.7(b)(vi) of
the Loan Agreement, REPAYMENTS, ASSETS SALES, is hereby amended by deleting the
second sentence of such section in its entirety and substituting in lieu thereof
the following:
"Subject to Section 2.7(b)(xii) hereof, the amount of the Net
Proceeds required to be repaid under this Section 2.7(b)(vi) shall be
applied to the Term Loans then outstanding and, if applicable, the
Incremental Facility Loans then outstanding (if in the form of a term
loan) (on a pro rata basis for all Term Loans and, if applicable, the
Incremental Facility Loans in inverse order of maturity for each Term
Loan and, if applicable, the Incremental Facility Loans), second to
the Revolving Loans and, if applicable, to the Incremental Facility
Loans (if in the form of a revolver)."
(c) AMENDMENTS TO ARTICLE 7.
(i) AMENDMENT TO SECTION 7.1(i). Section 7.1(i) of the Loan
Agreement, INDEBTEDNESS OF THE BORROWER AND ITS SUBSIDIARIES, is hereby amended
by deleting Section 7.1(i) in its entirety and substituting in lieu thereof the
following:
"(i) Indebtedness which does not exceed $5,000,000 in the
aggregate at any one time outstanding; PROVIDED, HOWEVER, that such
Indebtedness is (i) purchase money Indebtedness of the Borrower or any
of its Subsidiaries that is incurred or assumed to finance part or all
of (but not more than) the purchase price of a tangible asset in which
neither the Borrower nor such Subsidiary had at any time prior to such
purchase any interest other than a security interest or an interest as
lessee under an operating lease or (ii) Capitalized Lease Obligations;
PROVIDED, FURTHER, THAT the Borrower may incur Capitalized Lease
Obligations hereunder in connection with a sale-leaseback transaction
of all or part of its towers (which transaction shall be in form and
substance satisfactory to the Administrative Agent) in an amount
which, when added to any other Indebtedness outstanding under this
subsection 7.1(i) at such time, shall not exceed $100,000,000 in the
aggregate."
(ii) AMENDMENT TO SECTION 7.6(c). Section 7.6(c) of the Loan
Agreement, INVESTMENTS AND ACQUISITIONS, is hereby amended by deleting Section
7.6(c) in its entirety and substituting in lieu thereof the following:
"(c) So long as no Default then exists or would be caused
thereby, the Borrower or any of its Subsidiaries may make Investments,
whether by Capital Expenditure or otherwise, in (i) Cellular Systems,
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or the right to construct a Cellular System (including without
limitation, associated construction costs), in an RSA or an MSA or a
BTA (in the case of a PCS System) which is primarily within the same
geographic area as or contiguous to a Cellular System then owned by the
Borrower or any of its Subsidiaries, or (ii) PCS Subsidiary, which
Investments hereunder shall not exceed $50,000,000 in the aggregate and
may be made without the consent of the Lenders; PROVIDED, HOWEVER, that
(i) in the case of any equity investment, any equity interests received
in connection with such Investment are pledged as Collateral for the
Obligations; and (ii) in the case of any loan or extension of
Indebtedness, such loan is evidenced by a promissory note which is
assigned as Collateral for the Obligations;"
(iii) AMENDMENT TO SECTION 7.6(d). Section 7.6(d) of the
Loan Agreement, INVESTMENTS AND ACQUISITIONS, is hereby amended by deleting
Section 7.6(d) in its entirety and substituting in lieu thereof the following:
"(d) So long as no Default then exists or would be caused
thereby, the Borrower or any of its Subsidiaries may make Investments
in Wireless Alliance in an aggregate amount not to exceed $65,000,000
(which amount shall include, without limitation, any Investment in
Wireless Alliance made prior to the Agreement Date, but exclude
Acquisitions made pursuant to Section 7.6(b) hereof and Investments
made pursuant to Section 7.6(e) hereof); PROVIDED, HOWEVER, that (i)
in the case of any equity investment, any equity interests received in
connection with such Investment are pledged as Collateral for the
Obligations and (ii) in the case of any loan or extension of
Indebtedness, such loan is evidenced by a promissory note which is
assigned as Collateral for the Obligations;"
(iv) AMENDMENT TO SECTION 7.8. Section 7.8 of the Loan
Agreement, TOTAL LEVERAGE RATIO, is hereby amended by deleting Section 7.8 in
its entirety and substituting in lieu thereof the following:
"Section 7.8 TOTAL LEVERAGE RATIO. (a) As of the end of any
calendar quarter, and (b) at the time of any Advance hereunder (after
giving effect to such Advance), the Borrower shall not permit its
Total Leverage Ratio to exceed the ratios set forth below during the
periods indicated:
PERIOD TOTAL LEVERAGE RATIO
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January 1, 2001 through 7.90:1.00
March 31, 2001
April 1, 2001 through 7.50:1.00
June 30, 2001
July 1, 2001 through 6.50:1.00
December 31, 2001
January 1, 2002 through 6.25:1.00
March 31, 2002
April 1, 2002 through 6.00:1.00
December 31, 2002
January 1, 2003 and thereafter 5.00:1.00"
(v) AMENDMENT TO SECTION 7.9. Section 7.9 of the Loan
Agreement, SENIOR LEVERAGE RATIO, is hereby amended by deleting Section 7.9 in
its entirety and substituting in lieu thereof the following:
"Section 7.9 SENIOR LEVERAGE RATIO. (a) As of the end of any
calendar quarter, and (b) at the time of any Advance hereunder (after
giving effect to such Advance), the Borrower shall not permit the
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ratio of (i) the principal amount of the Loans outstanding on such
date to (ii) its Annualized Operating Cash Flow (as of the calendar
quarter end being tested, or as of the most recently completed
calendar quarter for which financial statements are required to have
been delivered pursuant to Section 6.1 or 6.2 hereof, as the case may
be) to exceed the ratios set forth below during the periods indicated:
PERIOD SENIOR LEVERAGE RATIO
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January 1, 2001 through 7.25:1.00
March 31, 2001
April 1, 2001 through 6.75:1.00
June 30, 2001
July 1, 2001 through 5.50:1.00
March 31, 2002
April 1, 2002 through 5.00:1.00
December 31, 2002
January 1, 2003 and thereafter 4.50:1.00"
(vi) AMENDMENT TO SECTION 7.11. Section 7.11 of the Loan
Agreement, ANNUALIZED OPERATING CASH FLOW TO INTEREST EXPENSE, is hereby amended
by deleting such Section in its entirety and substituting in lieu thereof the
following:
"Section 7.11 ANNUALIZED OPERATING CASH FLOW TO INTEREST EXPENSE.
(a) As of the end of any calendar quarter, and (b) at the time of any
Advance hereunder (after giving effect to such Advance), the Borrower
shall not permit the ratio of (i) its Annualized Operating Cash Flow
(as of the calendar quarter end being tested, or as of the most
recently completed calendar quarter for which financial statements are
required to have been delivered pursuant to Section 6.1 or 6.2 hereof,
as the case may be) to (ii) its Interest Expense for the twelve (12)
calendar months immediately preceding the calculation date to be less
than the ratios set forth below for the periods indicated:
ANNUALIZED OPERATING CASH
PERIOD FLOW TO INTEREST EXPENSE
------ ------------------------
January 1, 2001 through 1.25:1.00
June 30, 2001
July 1, 2001 through 1.50:1.00
March 31, 2002
April 1, 2002 through 1.75:1.00
June 30, 2002
July 1, 2002 and 2.00:1.00
thereafter"
(d) AMENDMENT TO SECTION 11.5. The first paragraph of Section
11.5(c) of the Loan Agreement, ASSIGNMENT, is hereby amended by deleting such
paragraph in its entirety and substituting in lieu thereof the following :
"(c) Each Lender may at any time enter into assignment agreements
or participations with one or more other banks or other Persons
pursuant to which each Lender may assign or participate its
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interest under this Agreement and the other Loan Documents,
including, its interest in any particular Advance or portion
thereof; PROVIDED, HOWEVER, that (i) all assignments (other than
assignments described in clause (b) hereof) shall be in minimum
principal amounts of the lesser of (X)(1) $5,000,000 for the
Revolving Loan Commitments, the Swing Line Commitment and Term
Loan A Loans, and if applicable, the Incremental Facility
Commitments (if in the form of a revolver and in a single
assignment only) and (2) $1,000,000 for the Term Loan B Loans and
Term Loan C Loans, and if applicable, the Incremental Facility
Loans, (if in the form of a term loan), and (Y) the amount of
such Lender's Commitment or Incremental Facility Commitment (in a
single assignment only), and (ii) all assignments (other than
assignments described in clause (b) hereof) and participations
hereunder shall be subject to the following additional terms and
conditions:"
2. WAIVER TO CREDIT AGREEMENT. The Required Lenders and the
Administrative Agent hereby waive compliance by the Borrower with Section 7.12
of the Loan Agreement, FIXED CHARGE COVERAGE RATIO, for the period from January
1, 2001 through March 31, 2001. This waiver is effective for that period only
and the Borrower shall be required to comply with Section 7.12 at all other
times.
3. AMENDMENT FEE. On the Amendment Date, the Borrower shall pay to the
Administrative Agent on behalf of the Lenders executing this Amendment an
amendment fee in the amount of 0.125% of the sum of (a) the aggregate
outstanding Loans (other than the outstanding Revolving Loans, Incremental
Facility Loans and Swing Line Loans) of the Lenders executing this Amendment and
(b) the Revolving Loan Commitments of the Lenders executing this Amendment (such
sum, the "AMENDMENT FEE"). The Administrative Agent shall distribute pro rata to
each Lender executing this Amendment a portion of the Amendment Fee based on
such Lender's portion of the outstanding Loans (other than the outstanding
Revolving Loans, Incremental Facility Loans and Swing Line Loans) and such
Lender's Revolving Loan Commitment. The Amendment Fee shall be fully earned when
due and non-refundable when paid.
4. AMENDMENT TO LOAN DOCUMENTS. All of the Loan Documents are hereby
amended to the extent necessary to give full force and effect to the amendment
contained in this Amendment.
5. REPRESENTATIONS AND WARRANTIES. The Borrower hereby represents and
warrants to and in favor of the Administrative Agent and the Lenders as follows:
(a) each representation and warranty set forth in Article 4 of
the Loan Agreement is hereby restated and affirmed as true and correct
in all material respects as of the date hereof, except to the extent
previously fulfilled in accordance with the terms of the Loan
Agreement or to the extent relating specifically to the Agreement Date
(or date prior thereto) or otherwise inapplicable;
(b) the Borrower has the corporate power and authority (i) to
enter into this Amendment and (ii) to do all acts and things as are
required or contemplated hereunder to be done, observed and performed
by it;
(c) this Amendment has been duly authorized, validly executed and
delivered by one or more Authorized Signatories of the Borrower, and
this Amendment and the Loan Agreement constitute the legal, valid and
binding obligations of the Borrower, enforceable against the Borrower
in accordance with its respective terms, subject, as to enforcement of
remedies, to the following qualifications: (i) an order of specific
performance and an injunction are discretionary remedies and, in
particular, may not be available where damages are considered an
adequate remedy at law and (ii) enforcement may be limited by
bankruptcy, insolvency, liquidation, reorganization, reconstruction
and other similar laws affecting enforcement of creditors' rights
generally (insofar as any such law relates to the bankruptcy,
insolvency or similar event of the Borrower); and
(d) the execution and delivery of this Amendment and performance
by the Borrower under the Loan Agreement does not and will not require
the consent or approval of any regulatory authority or
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governmental authority or agency having jurisdiction over the Borrower
which has not already been obtained, nor be in contravention of or in
conflict with the Certificate of Incorporation of the Borrower, or any
provision of any statute, judgment, order, indenture, instrument,
agreement, or undertaking, to which the Borrower is party or by which
the Borrower's assets or properties are bound.
6. CONDITIONS PRECEDENT TO EFFECTIVENESS OF AMENDMENT. The
effectiveness of this Amendment is subject to:
(a) receipt by the Administrative Agent of duly executed
counterpart signature pages of the Borrower and the Required Lenders
to this Amendment;
(b) all of the representations and warranties of the Borrower
under Section 5 hereof being true and correct in all material
respects, except to the extent previously fulfilled in accordance with
the terms of the Loan Agreement or to the extent relating specifically
to the Agreement Date (or date prior thereto) or otherwise
inapplicable;
(c) receipt by the Administrative Agent of the Amendment Fee;
(d) consummation of the Saco River Acquisition on substantially
the terms and conditions set forth in the Saco River Agreement; and
(e) receipt of any other documents or instruments that the
Administrative Agent, the Lenders signatory hereto or any of them, may
reasonably request, certified by an officer of the Borrower if so
requested.
7. NO OTHER AMENDMENT OR WAIVER. Except for the amendment set forth
above, the text of the Loan Agreement and all other Loan Documents shall remain
unchanged and in full force and effect. No waiver by the Administrative Agent or
the Lenders under the Loan Agreement or any other Loan Document is granted or
intended except as expressly set forth herein, and the Administrative Agent and
the Lenders expressly reserve the right to require strict compliance in all
other respects (whether or not in connection with any Requests for Advance).
Except as set forth herein, the amendment agreed to herein shall not constitute
a modification of the Loan Agreement or any of the other Loan Documents, or a
course of dealing with the Administrative Agent and the Lenders at variance with
the Loan Agreement or any of the other Loan Documents, such as to require
further notice by the Administrative Agent and the Lenders, or the Required
Lenders to require strict compliance with the terms of the Loan Agreement and
the other Loan Documents in the future.
8. LOAN DOCUMENTS. This document shall be deemed to be a Loan Document
for all purposes under the Loan Agreement and the other Loan Documents.
9. COUNTERPARTS. This Amendment may be executed in any number of
counterparts, each of which shall be deemed to be an original, but all such
separate counterparts shall together constitute but one and the same instrument.
10. GOVERNING LAW. This Amendment shall be construed in accordance
with and governed by the laws of the State of New York.
11. SEVERABILITY. Any provision of this Amendment which is prohibited
or unenforceable shall be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof in that
jurisdiction or affecting the validity or enforceability of such provision in
any other jurisdiction.
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment or
caused it to be executed by their duly authorized officers, all as of the day
and year first above written.
BORROWER: RURAL CELLULAR CORPORATION, a Minnesota corporation
By: // XXXXXX X. XXXXXXX //
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Name: XXXXXX X. XXXXXXX
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Title: EVP & CFO
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1
ADMINISTRATIVE AGENT
AND LENDERS: TORONTO DOMINION (TEXAS), INC.,
as Administrative Agent and as a Lender
By: // XXXX XXXXXXX //
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Name: XXXX XXXXXXX
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Its: VICE PRESIDENT
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2
ABN AMRO BANK N.V., as a Lender
By: // XXXXXX XXXXXX //
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Name: XXXXXX XXXXXX
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Its: GROUP VICE PRESIDENT
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By: // XXXXXXX X. XXXXXXXXX //
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Name: XXXXXXX X. XXXXXXXXX
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Its: ASSISTANT VICE PRESIDENT
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ALLFIRST BANK, as a Lender
By: //XXXXXX X. XXXXXXXXXX III //
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Name: XXXXXX X. XXXXXXXXXX III
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Its: VICE PRESIDENT
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AMARA-I FINANCE, LTD., as a Lender
By: INVESCO Senior Secured Management, Inc., as Subadvisor
By: //XXXXXXXX X. XXXXXXXX //
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Name: XXXXXXXX X. XXXXXXXX
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Its: AUTHORIZED SIGNATORY
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AMARA 2 FINANCE, LTD., as a Lender
By: INVESCO Senior Secured Management, Inc., as Subadvisor
By: // XXXXXXXX X. XXXXXXXX//
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Name: XXXXXXXX X. XXXXXXXX
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Its: AUTHORIZED SIGNATORY
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AVALON CAPITAL LTD., as a Lender
By: INVESCO Senior Secured Management, Inc.,
as Portfolio Manager
By: // XXXXXXXX X. XXXXXXXX //
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Name: XXXXXXXX X. XXXXXXXX
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Its: AUTHORIZED SIGNATORY
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AVALON CAPITAL LTD. 2, as a Lender
By: INVESCO Senior Secured Management, Inc.,
as Portfolio Manager
By: // XXXXXXXX X. XXXXXXXX //
----------------------------------------------------
Name: XXXXXXXX X. XXXXXXXX
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Its: AUTHORIZED SIGNATORY
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ARCHIMEDES FUNDING II, LTD., as a Lender
By: ING Capital Advisors LLC, as Collateral Manager
By: // XXXXXXXX XXXXX //
----------------------------------------------------
Name: XXXXXXXX XXXXX
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Its: VICE PRESIDENT
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3
ARCHIMEDES FUNDING III, LTD., as a Lender
By: ING Capital Advisors LLC, as Collateral Manager
By: // XXXXXXXX XXXXX //
----------------------------------------------------
Name: XXXXXXXX XXXXX
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Its: VICE PRESIDENT
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THE ING CAPITAL SENIOR SECURED HIGH INCOME FUND, L.P.,
as a Lender
By: ING Capital Advisors LLC, as Investment Manager
By: // XXXXXXXX XXXXX //
----------------------------------------------------
Name: XXXXXXXX XXXXX
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Its: VICE PRESIDENT
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SEQUILS-ING I (HBDGM), LTD., as a Lender
By: ING Capital Advisors LLC, as Collateral Manager
By: // XXXXXXXX XXXXX //
----------------------------------------------------
Name: XXXXXXXX XXXXX
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Its: VICE PRESIDENT
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SWISS LIFE US RAINBOW LIMITED, as a Lender
By: ING Capital Advisors LLC, as Investment Manager
By: // XXXXXXXX XXXXX //
----------------------------------------------------
Name: XXXXXXXX XXXXX
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Its: VICE PRESIDENT
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ADDISON CDO, LIMITED, as a Lender
By: Pacific Investment Management Company, LLC,
as its Investment Advisor
By: // XXXXX X. XXXXXXXXXX//
----------------------------------------------------
Name: XXXXX X. XXXXXXXXXX
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Its: SENIOR VICE PRESIDENT
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ATHENA CDO, LIMITED, as a Lender
By: Pacific Investment Management Company, LLC,
as its Investment Advisor
By: //XXXXX X. XXXXXXXXXX//
----------------------------------------------------
Name: XXXXX X. XXXXXXXXXX
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Its: SENIOR VICE PRESIDENT
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CAPTIVA II FINANCE LTD., as a Lender
By: //XXXXX XXXX//
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Name: XXXXX XXXX
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Its: DIRECTOR
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4
CAPTIVA III FINANCE LTD., as a Lender
as advised by Pacific Investment Management Company, LLC
By:
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Name:
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Its:
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CAPTIVA IV FINANCE LTD., as a Lender
as advised by Pacific Investment Management Company, LLC
By:
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Name:
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Its:
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BANK OF AMERICA, N.A., as a Lender and as a Swing Line Lender
By: // XXXXXXX X. XXXX//
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Name: XXXXXXX X. XXXX
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Its: VICE PRESIDENT
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BANK OF MONTREAL, as a Lender
By: //XXXX X. XXXXXXXXXXXXX//
----------------------------------------------------
Name: X. XXXXX
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Its: MANAGING DIRECTOR
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THE BANK OF NOVA SCOTIA, as a Lender
By: //P.A. XXXXXXXXXXXXX//
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Name: P.A. XXXXXXXXXXXXX
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Its: AUTHORIZED SIGNATORY
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BANKERS TRUST COMPANY, as a Lender
By: //XXXXXXX X. XXXXXXX //
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Name: XXXXXXX X. XXXXXXX
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Its: VICE PRESIDENT
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BNP PARIBAS, as a Lender
By: //SERGE DESRAYAUND//
-----------------------------------------------------
Name: XXXXX XXXXXXXXX
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Its: HEAD OF MEDIA TELECOM ASSET MANAGEMENT
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By: //XXXX X. XXXXXXX//
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Name: XXXXX X. XXXXXXX
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Its: DIRECTOR
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CARLYLE HIGH YIELD PARTNERS II, LTD., as a Lender
By:
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Name:
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Its:
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5
CENTURION CDO II, LTD., as a Lender
By: American Express Asset Management Group, Inc.,
as Collateral Manager
By: //XXXXXX X. XXXXXX//
----------------------------------------------------
Name: XXXXXX X. XXXXXX
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Its: MANAGING DIRECTOR
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THE CIT GROUP/EQUIPMENT FINANCING, INC., as a Lender
By: //XXXX X. SIRICIO, II//
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Name: XXXX X. SIRICIO, II
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Its: VICE PRESIDENT
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CITIZENS BANK OF MASSACHUSETTS, as a Lender
By:
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Name:
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Its:
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CITY NATIONAL BANK, as a Lender
By: //XXXXX XXXXX //
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Name: XXXXX XXXXX
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Its: VICE PRESIDENT
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COBANK, ACB, as a Lender
By: //XXXXXX X. XXXXXXXX//
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Name: XXXXXX X. XXXXXXXX
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Its: ASSISTANT CORPORATE SECRETARY
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COLUMBUS LOAN FUNDING LTD., as a Lender
By: Travelers Asset Management International Company LLC
By: //XXXXXXX X. XXXXXXX//
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Name: XXXXXXX X. XXXXXXX
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Its: ASSISTANT INVESTMENT OFFICER
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THE TRAVELERS INSURANCE COMPANY, as a Lender
By: //XXXXXXX X. XXXXXXX//
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Name: XXXXXXX X. XXXXXXX
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Its: ASSISTANT INVESTMENT OFFICER
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TRAVELERS CORPORATE LOAN FUND INC., as a Lender
By: Travelers Asset Management International Company LLC
By: //XXXXXXX X. XXXXXXX//
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Name: XXXXXXX X. XXXXXXX
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Its: ASSISTANT INVESTMENT OFFICER
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6
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.,
"RABOBANK NEDERLAND", NEW YORK BRANCH, as a Lender
By: //XXXXXXX X. XXXXXXX //
-----------------------------------------------------
Name: XXXXXXX X. XXXXXXX
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Its: SENIOR VICE PRESIDENT
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By: // XXX XXXXX //
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Name: XXX XXXXX
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Its: SENIOR CREDIT OFFICER
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CREDIT AGRICOLE INDOSUEZ, as a Lender
By: // XXXX XXXXXXXXX//
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Name: XXXX XXXXXXXXX
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Its: EXECUTIVE VICE PRESIDENT
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By: // XXXX X. XXXXXXX //
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Name: XXXX X. XXXXXXX
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Its: ASSISTANT VICE PRESIDENT
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CYPRESSTREE INVESTMENT PARTNERS I, LTD., as a Lender
By: CypressTree Investment Management Company, Inc.
as Portfolio Manager
By:
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Name:
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Its:
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CYPRESSTREE INVESTMENT PARTNERS II, LTD., as a Lender
By: CypressTree Investment Management Company, Inc.
as Portfolio Manager
By:
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Name:
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Its:
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CYPRESSTREE SENIOR FLOATING RATE FUND, as a Lender
By: CypressTree Investment Management Company, Inc.
as Portfolio Manager
By:
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Name:
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Its:
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NORTH AMERICAN SENIOR FLOATING RATE FUND, as a Lender
By: CypressTree Investment Management Company, Inc.
as Portfolio Manager
7
By:
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Name:
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Its:
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THE DAI-ICHI KANGYO BANK, LTD., as a Lender
By: //XXXXXX XXXXX XXXXX //
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Name: XXXXXX XXXXX XXXXX
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Its: VICE PRESIDENT
-----------------------------------------------
DEBT STRATEGIES FUND, INC., as a Lender
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
DEBT STRATEGIES FUND II, INC., as a Lender
By: //XXXXXX X. XXXXXX //
-----------------------------------------------------
Name: XXXXXX X. XXXXXX
-----------------------------------------------
Its: AUTHORIZED SIGNATORY
----------------------------------------------
DEBT STRATEGIES FUND III, INC., as a Lender
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
MASTER SENIOR FLOATING RATE TRUST, as a Lender
By: //XXXXXX X. XXXXXX //
-----------------------------------------------------
Name: XXXXXX X. XXXXXX
-----------------------------------------------
Its: AUTHORIZED SIGNATORY
------------------------------------------------
XXXXXXX XXXXX GLOBAL INVESTMENT SERIES:
BANK LOAN INCOME PORTFOLIO, as a Lender
By: Xxxxxxx Xxxxx Investment Managers, L.P.,
as Investment Advisor
By: //XXXXXX X. XXXXXX//
-----------------------------------------------------
Name: XXXXXX X. XXXXXX
-----------------------------------------------
Its: AUTHORIZED SIGNATORY
-----------------------------------------------
XXXXXXX XXXXX PRIME RATE PORTFOLIO, as a Lender
By: Xxxxxxx Xxxxx Investment Managers, L.P.,
as Investment Advisor
By: // XXXXXX X. XXXXXX //
-----------------------------------------------------
Name: XXXXXX X. XXXXXX
-----------------------------------------------
Its: AUTHORIZED SIGNATORY
-----------------------------------------------
8
XXXXXXX XXXXX SENIOR FLOATING RATE FUND, INC., as a Lender
By: // XXXXX X. XXXXXX //
-----------------------------------------------------
Name: XXXXXX X. XXXXXX
-----------------------------------------------
Its: AUTHORIZED SIGNATORY
-----------------------------------------------
DEXIA CREDIT LOCAL DE FRANCE - NEW YORK AGENCY, as a Lender
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
XXXXX XXXXX CDO III, LTD., as a Lender
By: // XXXXX X. PAGE //
----------------------------------------------------
Name: XXXXX X. PAGE
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
XXXXX XXXXX INSTITUTIONAL SENIOR LOAN FUND, as a Lender
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: // XXXXX X. PAGE //
----------------------------------------------------
Name: XXXXX X. PAGE
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
XXXXX XXXXX SENIOR INCOME TRUST, as a Lender
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: // XXXXX X. PAGE //
----------------------------------------------------
Name: XXXXX X. PAGE
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
XXXXXXX & CO, as a Lender
By: Boston Management and Research,
as Investment Advisor
By: // XXXXX X. PAGE //
----------------------------------------------------
Name: XXXXX X. PAGE
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
OXFORD STRATEGIC INCOME FUND, as a Lender
By: Xxxxx Xxxxx Management,
as Investment Advisor
By: // XXXXX X. PAGE //
----------------------------------------------------
Name: XXXXX X. PAGE
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
9
SENIOR DEBT PORTFOLIO, as a Lender
By: Boston Management and Research,
as Investment Advisor
By: // //
----------------------------------------------------
Name: XXXXX X. PAGE
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
ELC (CAYMAN) LTD. 2000-1, as a Lender
By: N/A
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
XXXXX CLO LTD. 2000-1, as a Lender
By: // XXXXXXXX XXXXXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXXXXX
-----------------------------------------------
Its: DIRECTOR
-----------------------------------------------
ELF FUNDING TRUST, as a Lender
By: Highland Capital Management, L.P.
as Collateral Manager
By: //XXXX X. XXXXX, CFA //
----------------------------------------------------
Name: XXXX X. XXXXX, CFA
-----------------------------------------------
Its: EXECUTIVE VICE PRESIDENT
-----------------------------------------------
EMERALD ORCHARD LIMITED, as a Lender
By: // XXXXX X. XXXXXX//
----------------------------------------------------
Name: XXXXX X. XXXXXX
-----------------------------------------------
Its: ATTORNEY IN FACT
-----------------------------------------------
HIGHLAND LEGACY LIMITED, as a Lender
By: Highland Capital Management, L.P.
as Collateral Manager
By: // XXXX X. XXXXX, CFA //
----------------------------------------------------
Name: XXXX X. XXXXX, CFA
-----------------------------------------------
Its: EXECUTIVE VICE PRESIDENT
-----------------------------------------------
FIRST UNION NATIONAL BANK, as a Lender
By: // XXXXX X. XXXXX //
-----------------------------------------------------
Name: XXXXX X. XXXXX
-----------------------------------------------
Its: MANAGING DIRECTOR, SENIOR VICE PRESIDENT
-----------------------------------------------
FIRSTAR BANK, N.A., as a Lender
By: // XXXXXXX X. BEST //
-----------------------------------------------------
Name: XXXXXXX X. BEST
-----------------------------------------------
Its: BANKING OFFICER
------------------------------------------------
10
FLEET NATIONAL BANK, as a Lender
By: //XXX X. XXXXXXXX //
-----------------------------------------------------
Name: XXX X. XXXXXXXX
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
FRANKLIN FLOATING RATE TRUST, as a Lender
By: // XXXXXXXX XXXXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXXXX
-----------------------------------------------
Its: VICE PRESIDENT
-----------------------------------------------
GALAXY CLO 1999-1, LTD., as a Lender
By: SAI Investment Adviser, Inc.
its Collateral Manager
By: // XXXXXXXXXX X. XXXX //
-----------------------------------------------------
Name: XXXXXXXXXXX X. XXXX
-----------------------------------------------
Its:
-----------------------------------------------
GENERAL ELECTRIC CAPITAL CORPORATION, as a Lender
By: // XXXXX X. XXXX //
-----------------------------------------------------
Name: XXXXX X. XXXX
-----------------------------------------------
Its: MANAGER-OPERATIONS
-----------------------------------------------
GREAT POINT CLO 1999-1 LTD., as a Lender
By: //XXXXX X. XXXXX//
----------------------------------------------------
Name: XXXXX X. XXXXX
-----------------------------------------------
Its: EXECUTIVE VICE PRESIDENT, PORTFOLIO MANAGER
-----------------------------------------------
SANKATY HIGH YIELD PARTNERS II, L.P., as a Lender
By: // XXXXX X. XXXXX //
----------------------------------------------------
Name: XXXXX X. XXXXX
-----------------------------------------------
Its: EXECUTIVE VICE PRESIDENT, PORTFOLIO MANAGER
-----------------------------------------------
HARCH CLO I, LTD., as a Lender
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
XXXXXX BANK, N.A., as a Lender
By: //XXXXXXX X. XXXXX //
-----------------------------------------------------
Name: XXXXXXX X. XXXXX
-----------------------------------------------
Its: SENIOR VICE PRESIDENT
-----------------------------------------------
11
IBM CREDIT CORPORATION, as a Lender
By: // XXXXXX X. XXXXXX //
-----------------------------------------------------
Name: XXXXXX X. XXXXXX
-----------------------------------------------
Its: MANAGER OF CREDIT
-----------------------------------------------
XXXXXX FLOATING RATE FUND, as a Lender
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
------------------------------------------------
KEY CORPORATE CAPITAL, INC., as a Lender
By: // XXXXX X. XXXXXX //
-----------------------------------------------------
Name: XXXXX X. XXXXXX
-----------------------------------------------
Its: CORPORATE BANKING OFFICER
-----------------------------------------------
KZH CRESCENT LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH CRESCENT-2 LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH HIGHLAND-2 LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
------------------------------------------------
KZH ING-1 LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
12
KZH ING-2 LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH ING-3 LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH LANGDALE LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH PAMCO LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH RIVERSIDE LLC, as a Lender
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
KZH SOLEIL LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH SOLEIL-2 LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
KZH STERLING LLC, as a Lender
By: // XXXXXXXX XXXX //
-----------------------------------------------------
Name: XXXXXXXX XXXX
-----------------------------------------------
Its: AUTHORIZED AGENT
-----------------------------------------------
13
LIBERTY-XXXXX XXX ADVISOR FLOATING RATE ADVANTAGE FUND,
as a Lender
By: Xxxxx Xxx & Farnham Incorporated, As Advisor
By: // XXXXX X. XXXXXXX //
-----------------------------------------------------
Name: XXXXX X. XXXXXXX
-----------------------------------------------
Its: SR. VICE PRESIDENT & PORTFOLIO MANAGER
-----------------------------------------------
XXXXX XXX FLOATING RATE LIMITED LIABILITY COMPANY, as a Lender
By: // XXXXX X. XXXXXXX //
-----------------------------------------------------
Name: XXXXX X. XXXXXXX
-----------------------------------------------
Its: SR. VICE PRESIDENT
-----------------------------------------------
Xxxxx Xxx & Farnham Incorporated, as Advisor
to the Xxxxx Xxx Floating Rate Limited Liability Company
XXXXX XXX & FARNHAM INCORPORATED, as a Lender
as agent for Keyport Life Insurance Company
By: // XXXXX X. XXXXXXX //
-----------------------------------------------------
Name: XXXXX X. XXXXXXX
-----------------------------------------------
Its: SR. VICE PRESIDENT & PORTFOLIO MANAGER
-----------------------------------------------
FLEET NATIONAL BANK
As Trust Administrator for Long Lane Master Trust IV,
as a Lender
By: //XXXXX XXXXXX//
----------------------------------------------------
Name: XXXXX XXXXXX
-----------------------------------------------
Its:
-----------------------------------------------
XXXXXX BANK PLC, as a Lender
By: // XXXXXXX X. XXXXXXXX //
-----------------------------------------------------
Name: XXXXXXX X. XXXXXXXX
-----------------------------------------------
Its: SENIOR VICE PRESIDENT
-----------------------------------------------
By: // XXXXXXX XXXXXX //
-----------------------------------------------------
Name: XXXXXXX XXXXXX
-----------------------------------------------
Its: ASSISTANT VICE PRESIDENT
-----------------------------------------------
METROPOLITAN LIFE INSURANCE COMPANY, as a Lender
By:
-----------------------------------------------------
Name:
-----------------------------------------------
Its:
-----------------------------------------------
ML CLO XV PILGRIM AMERICA (CAYMAN) LTD., as a Lender
By: Pilgrim Investments, Inc.
as its investment manager
By: // XXXX X. XXXX //
-----------------------------------------------------
Name: XXXX X. XXXX
-----------------------------------------------
Its: ASSISTANT VICE PRESIDENT
-----------------------------------------------
14
PILGRIM PRIME RATE TRUST, as a Lender
By: Pilgrim Investments, Inc.
as its investment manager
By: // XXXX X. XXXX//
-----------------------------------------------------
Name: XXXX X. XXXX
-----------------------------------------------
Its: ASSISTANT VICE PRESIDENT
-----------------------------------------------
XXXXXX XXXXXXX XXXX XXXXXX PRIME INCOME TRUST, as a Lender
By: // XXXXXX X. XXXXXXXX//
-----------------------------------------------------
Name: XXXXXX X. XXXXXXXX
-----------------------------------------------
Its: SENIOR VICE PRESIDENT
-----------------------------------------------
15
