EXHIBIT 10.23
FIRST AMENDMENT AND CONSENT
FIRST AMENDMENT AND CONSENT (this "AMENDMENT"), dated as of August 26,
1999, among PACKAGING CORPORATION OF AMERICA, a Delaware corporation ("PCA"),
the Lenders from time to time party to the Credit Agreement referred to below,
X.X. XXXXXX SECURITIES INC. and DEUTSCHE BANK SECURITIES INC. (as successor to
BT Alex. Xxxxx Incorporated), as Co-Lead Arrangers (in such capacity, each a
"CO-LEAD ARRANGER" and, collectively, the "CO-LEAD ARRANGERS"), BANKERS TRUST
COMPANY, as Syndication Agent (in such capacity, the "SYNDICATION AGENT"), and
XXXXXX GUARANTY TRUST COMPANY OF NEW YORK, as Administrative Agent (in such
capacity, the "ADMINISTRATIVE AGENT"). All capitalized terms used herein and not
otherwise defined shall have the respective meanings provided such terms in the
Credit Agreement.
W I T N E S S E T H :
- - - - - - - - - - -
WHEREAS, PCA, the Lenders, the Co-Lead Arrangers, the Syndication Agent
and the Administrative Agent are parties to a Credit Agreement, dated as of
April 12, 1999 (as in effect on the date hereof, the "CREDIT AGREEMENT");
WHEREAS, subject to the terms and conditions of this Amendment, parties
hereto wish to amend the Credit Agreement as herein provided;
NOW, THEREFORE, it is agreed:
I. AMENDMENTS TO CREDIT AGREEMENT.
1. Section 4.02(e) of the Credit Agreement is hereby amended by
inserting the following new clause (u) immediately after the text "(other than"
appearing in said Section:
"(u) so long as no Default or Event of Default is in existence on the
date of receipt thereof, the proceeds received by the Borrower from the
Permitted Primary Offering to the extent (and only to the extent) same are
applied within 60 days of the date of receipt thereof to the redemption of then
outstanding Borrower PIK Preferred Stock (and the payment of accrued and unpaid
dividends thereon and all related redemption premiums) in accordance with the
relevant provisions of the Borrower Preferred Stock Documents and this Agreement
and the payment of the reasonable fees and expenses incurred in connection with
the Permitted Primary Offering,".
2. Section 9.03 of the Credit Agreement is hereby amended by (i)
deleting the word "and" appearing at the end of clause (ix) of said Section,
(ii) deleting the period at the end of clause (x) of said Section and inserting
the text "; and" in lieu thereof and (ii) inserting the following new clause
(xi) at the end of said Section:
"(xi) so long as no Default or Event of Default is then in existence
or would exist after giving effect thereto, the Borrower may utilize the
proceeds of the Permitted Primary
Offering to redeem Borrower PIK Preferred Stock and pay all accrued and
unpaid dividends thereon and all redemption premiums in respect thereof."
3. Section 11.01 of the Credit Agreement is hereby amended by
inserting the following definition in said Section in appropriate alphabetical
order:
"PERMITTED PRIMARY OFFERING" shall mean the issuance by PCA on or prior
to December 31, 1999 of shares of Borrower Common Stock pursuant to a fully
underwritten public offering.
II. MISCELLANEOUS PROVISIONS.
1. In order to induce the Lenders to enter into this Amendment, the
Borrower represents and warrants that:
(a) no Default or Event of Default exists as of the First Amendment
Effective Date (as defined below), both immediately before and immediately
after giving effect to this Amendment; and
(b) all of the representations and warranties contained in the Credit
Agreement or the other Credit Documents are true and correct in all material
respects on the First Amendment Effective Date both immediately before and
immediately after giving effect to this Amendment, with the same effect as
though such representations and warranties had been made on and as of the
First Amendment Effective Date (it being understood that any representation
or warranty made as of a specific date shall be true and correct in all
material respects as of such specific date).
2. This Amendment 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 Amendment 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 PCA and the Administrative Agent.
4. THIS AMENDMENT 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 Amendment shall become effective on the date (the "FIRST
AMENDMENT EFFECTIVE DATE") when each of the Borrower, the Administrative Agent
and the Required Lenders shall have signed a counterpart hereof (whether the
same or different
2
counterparts) and shall have delivered (including by way of facsimile
transmission) the same to the Administrative Agent at its Notice Office.
6. From and after the First Amendment Effective Date, all references
in the Credit Agreement and each of the other Credit Documents to the Credit
Agreement shall be deemed to be references to the Credit Agreement as modified
hereby.
* * *
3
IN WITNESS WHEREOF, the parties hereto have caused their duly authorized
officers to execute and deliver this Amendment as of the date first above
written.
PACKAGING CORPORATION OF AMERICA
By: /s/ Xxxxxxx X. Xxxx
---------------------------------
Title: Chief Financial Officer
XXXXXX GUARANTY TRUST COMPANY OF
NEW YORK, INDIVIDUALLY AND AS
ADMINISTRATIVE AGENT
By: /s/ Xxxxxxx Xxxxx
---------------------------------
Title: Vice President
X.X. XXXXXX SECURITIES, INC.,
AS CO-LEAD ARRANGER
By: /s/ Xxxxxxx X. Xxxxxxxxxx
---------------------------------
Title: Vice President
DEUTSCHE BANC XXXX XXXXX INCORPORATED,
AS A CO-LEAD ARRANGER
By: /s/ Xxxxxxx X. Xxxxxxx
----------------------------------
Title: MD
BANKERS TRUST COMPANY,
INDIVIDUALLY AND AS SYNDICATION
AGENT
By: /s/ Xxxxxx X. Xxxxxxx
----------------------------------
Title: Assistant Vice President
XXXXXXX XXXXX CREDIT PARTNERS L.P.,
INDIVIDUALLY AND AS DOCUMENTATION AGENT
By:
----------------------------------
Name:
Title:
ABN AMRO BANK N.V.
By: /s/ Xxxxxxxxx X. Xxxxxxx
----------------------------------
Title: Senior Vice President
By: /s/ Xxxxx Xxxxxxxx
----------------------------------
Title: Vice President
AERIES FINANCE LTD.
By:
----------------------------------
Name:
Title:
AIM STRATEGIC INCOME FUND
By: INVESCO (NY) INC.,
AS INVESTMENT ADVISOR
By:
Name:
Title:
ALLIANCE INVESTMENT OPPORTUNITIES FUND, L.L.C.
By: ALLIANCE INVESTMENT OPPORTUNITIES MANAGEMENT,
L.L.C.,
AS MANAGING MEMBER
By: ALLIANCE CAPITAL MANAGEMENT, L.P.,
AS MANAGING MEMBER
By: ALLIANCE CAPITAL MANAGEMENT CORPORATION,
AS GENERAL PARTNER
By:
--------------------------------------------
Name:
Title:
ALLSTATE INSURANCE COMPANY
By: /s/ Xxxxx X. Xxxxxxx
--------------------------------------------
Title: Authorized Signatory
By: /s/ Xxxxxxxx X. Xxxxxx
--------------------------------------------
Title: Authorized Signatory
ALLSTATE LIFE INSURANCE COMPANY
By: /s/ Xxxxx X. Xxxxxxx
--------------------------------------------
Title: Authorized Signatory
By: /s/ Xxxxxxxx X. Xxxxxx
--------------------------------------------
Title: Authorized Signatory
AMARA-1 FINANCE LTD.
By:
--------------------------------------------
Name:
Title:
AMARA-2 FINANCE LTD.
By:
--------------------------------------------
Name:
Title:
ARCHIMEDES FUNDING II, LTD.
By: ING CAPITAL ADVISORS LLC,
AS COLLATERAL MANAGER
By: /s/ Xxxxxxx X. Xxxxxxxx
--------------------------------------------
Title: Senior Vice President &
Portfolio Manager
ARCHIMEDES FUNDING, L.L.C.
By: ING CAPITAL ADVISORS LLC,
AS COLLATERAL MANAGER
By: /s/ Xxxxxxx X. Xxxxxxxx
--------------------------------------------
Title: Senior Vice President &
Portfolio Manager
ARES LEVERAGED INVESTMENT FUND, L.P.
By: ARES MANAGEMENT, L.P.,
ITS GENERAL PARTNER
By:
--------------------------------------------
Name:
Title:
ARES LEVERAGED INVESTMENT FUND II, L.P.
By: ARES MANAGEMENT II, L.P.,
ITS GENERAL PARTNER
By:
--------------------------------------------
Name:
Title:
ATHENA CDO, LIMITED
By: PACIFIC INVESTMENT MANAGEMENT COMPANY,
AS ITS INVESTMENT ADVISOR
By: /s/ Xxxxx X. Xxxxxxxxxx
--------------------------------------------
Title: Senior Vice President
BANK OF MONTREAL
By:
--------------------------------------------
Name:
Title:
THE BANK OF NOVA SCOTIA
By: /s/ F. C. H. Xxxxx
--------------------------------------------
Title: Senior Manager Loan Operations
BANK POLSKA KASA OPIEKI, S.A.-PEKAO S.A. GROUP
By: /s/ Xxxxx X. Xxxxx
--------------------------------------------
Title: Vice President
BANK UNITED
By: /s/ Xxxx Xxxxx
--------------------------------------------
Title: Director Commercial Syndications
BANKBOSTON, N.A. AS TRUST
ADMINISTRATOR FOR LONGLANE
MASTE TRUST IV
By: /s/ Xxxx X. Xxxxxx
--------------------------------------------
Title: Director
BANQUE WORMS CAPITAL CORPORATION
By:
--------------------------------------------
Name:
Title:
BAYERISCHE HYPO-UND VEREINSBANK AG, NEW YORK BRANCH
By: /s/ Xxxxxx X. Xxxxx
--------------------------------------------
Title: Director
By: /s/ Xxxxx Xxxxxxxx
--------------------------------------------
Title: Associate Director
BEAR XXXXXXX INVESTMENT PRODUCTS INC.
By:
--------------------------------------------
Name:
Title:
BEDFORD CDO, LIMITED
By: PACIFIC INVESTMENT MANAGEMENT COMPANY,
AS ITS INVESTMENT ADVISOR
By: PIMCO Management Inc., a general partner
By: /s/ Xxxxx X. Xxxxxxxxxx
--------------------------------------------
Title: Senior Vice President
XXXXX POINT CBO 1999-1, LTD.
By:
--------------------------------------------
Name:
Title:
CANADIAN IMPERIAL BANK OF COMMERCE
By:
--------------------------------------------
Name:
Title:
CAPTIVA FINANCE LTD.
By:
--------------------------------------------
Name:
Title:
CAPTIVA II FINANCE LTD.
By:
--------------------------------------------
Name:
Title:
CAPTIVA III FINANCE LTD.,
By: AS ADVISED BY PACIFIC INVESTMENT MANAGEMENT COMPANY
By: /s/ Xxxxx Xxxx
--------------------------------------------
Title: Director
CAPTIVA IV FINANCE LTD.,
By: AS ADVISED BY PACIFIC INVESTMENT MANAGEMENT COMPANY
By: /s/ Xxxxx Xxxx
--------------------------------------------
Title: Director
CARAVELLE INVESTMENT FUND, L.L.C.
By:
--------------------------------------------
Name:
Title:
CHASE MANHATTAN BANK
By: /s/ Xxxxxxxx Xxxxxxxx
--------------------------------------------
Title: Vice President
CHRISTIANA BANK OG KREDITKASSE ASA
By: /s/ Xxxx Xxxxxx Xxxxxxxx
--------------------------------------------
Title: Senior Vice President
By: /s/ Xxxxx X. Xxxxx
--------------------------------------------
Title: Senior Vice President
CIBC INC.
By:
--------------------------------------------
Name:
Title:
COMPAGNIE FINANCIERE DE CIC ET DE L'UNION EUROPEENNE
By: /s/ Xxxx Xxxxxxx
--------------------------------------------
Title: First Vice President
By: /s/ Xxxxxx Xxxxxx
--------------------------------------------
Title: Vice President
THE CIT GROUP/EQUIPMENT FINANCING, INC.
By: /s/ Xxxx X. Xxxxx
--------------------------------------------
Title: Assistant Vice President
CO BANK, ACB
By: /s/ Xxxxx X. Xxxxx
--------------------------------------------
Title: Vice President
CREDIT LYONNAIS NEW YORK BRANCH
By:
--------------------------------------------
Name:
Title:
CRESCENT/MACH I PARTNERS, L.P.
By: TCW ASSET MANAGEMENT COMPANY,
ITS INVESTMENT MANAGER
By:
--------------------------------------------
Name:
Title:
CYPRESSTREE INSTITUTIONAL FUND, LLC
By: CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC. ITS
MANAGING MEMBER
By: /s/ Xxxxxxx X. Xxxxx
--------------------------------------------
Title: Managing Director
CYPRESSTREE INVESTMENT FUND, LLC
By: CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC.,
ITS MANAGING MEMBER
By: /s/ Xxxxxxx X. Xxxxx
--------------------------------------------
Title: Managing Director
CYPRESSTREE SENIOR FLOATING RATE FUND
By: CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC., AS
PORTFOLIO MANAGER
By: /s/ Xxxxxxx X. Xxxxx
--------------------------------------------
Title: Managing Director
DEBT STRATEGIES FUND III, INC.
By: /s/ Xxxxxx X. Xxxxxx
--------------------------------------------
Title: Authorized Signatory
DELANO COMPANY
By: PACIFIC INVESTMENT MANAGEMENT COMPANY, AS ITS
INVESTMENT ADVISOR
By: /s/ Xxxxx X. Xxxxxxxxxx
--------------------------------------------
Title: Senior Vice President
DLJ CAPITAL FUNDING INC.
By:
--------------------------------------------
Name:
Title:
DRESDNER BANK AG NEW YORK AND GRAND CAYMAN BRANCHES
By: /s/ Xxxxxxxxxxx X. Xxxxxxx
----------------------------------
Title: Assistant Vice President
By: /s/ Xxxx X. Xxxxxxxx
----------------------------------
Title: Vice President
EA CAYMAN UNIT TRUST-EA/MACKAY
HIGH YIELD CAYMAN UNIT TRUST
By: XXXXXX-XXXXXXX FINANCIAL
CORPORATION ITS INVESTMENT
ADVISOR
By:
----------------------------------
Name:
Title:
XXXXX XXXXX SENIOR INCOME TRUST
By: XXXXX XXXXX MANAGEMENT AS INVESTMENT ADVISOR
By: /s/ Xxxxx X. Page
----------------------------------
Title: Vice President
ELC (CAYMAN) LTD. CDO SERIES 1999-1
By: /s/ Xxxxxx X. Xxxxx
----------------------------------
Title: Managing Director
ERSTE BANK DER OESTERREICHISCHEN
SPARKASSEN AG
By: /s/ Xxxx Xxxxxx
----------------------------------
Title: Vice President
By: /s/ Xxxx X. Xxxxxxx
----------------------------------
Title: First Vice President
FEDERAL STREET PARTNERS
By:
----------------------------------
Name:
Title:
FIRST DOMINION FUNDING I
By:
----------------------------------
Name:
Title:
FIRST DOMINION FUNDING II
By:
----------------------------------
Name:
Title:
THE FIRST NATIONAL BANK OF CHICAGO
By: /s/ Xxxxxx Xxxxxx
----------------------------------
Title: Director
FIRST UNION NATIONAL BANK
By: ../s/ Xxxxxx Xxxxx
----------------------------------
Title: Vice President
FIRSTRUST BANK
By: /s/ X. X. X'Xxxxxx
----------------------------------
Title: Executive Vice President
FLEET NATIONAL BANK
By: /s/ Xxxxxxx X. Xxxxxxxx
----------------------------------
Title: Vice President
FLOATING RATE PORTFOLIO
By: INVESCO SENIOR SECURED MANAGEMENT, INC., AS
ATTORNEY IN FACT
By:
----------------------------------
Name:
Title:
FRANKLIN FLOATING RATE TRUST
By:
----------------------------------
Name:
Title:
FREMONT INVESTMENT & LOAN
By: /s/ Xxxxx Xxxxxxxx
----------------------------------
Title: Vice President
THE FUJI BANK, LIMITED
By: /s/ Xxxxx X. Xxxxxxxx
----------------------------------
Title: Senior Vice President &
Group Head
GALAXY CLO 1999-1, LTD.
By:
----------------------------------
Name:
Title:
GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ Xxxxxxx X. Xxxxx
----------------------------------
Title: Duly Authorized Signature
GREAT POINT CLO 1999-1 LTD.
By:
----------------------------------
Name:
Title:
XXXXXX FINANCIAL, INC.
By: /s/ Xxxxxx X. Xxxxxx
----------------------------------
Title: Vice President
HIGHLAND LEGACY LIMITED
BY: HIGHLAND CAPITAL MANAGEMENT, L.P.
AS COLLATERAL MANAGER
By: /s/ Xxxx Xxxxxxx
Title: Senior Portfolio Manager
THE INDUSTRIAL BANK OF JAPAN, LIMITED
By: /s/ Xxxxxx X. Xxxxx
------------------------------
Title: Joint General Manager
IMPERIAL BANK, A CALIFORNIA BANKING
CORPORATION
By: /s/ Xxx Xxxxxxx
------------------------------
Title: Senior Managing Director
INDOSEUZ CAPITAL FUNDING IIA, LIMITED
By: INDOSUEZ CAPITAL AS PORTFOLIO ADVISOR
By: /s/ Xxxxxxx Xxxxxx
------------------------------
Title: Vice President
INDOSUEZ CAPITAL FUNDING IV, L.P.
By: INDOSUEZ CAPITAL AS PORTFOLIO ADVISOR
By: /s/ Xxxxxxx Xxxxxx
------------------------------
Title: Vice President
THE ING CAPITAL SENIOR SECURED HIGH INCOME FUND, L.P.
By: ING CAPITAL ADVISORS LLC,
AS INVESTMENT ADVISOR
By: /s/ Xxxxxxx X. Xxxxxxxx
------------------------------
Title: Senior Vice President &
Portfolio Manager
X.X. XXXXXXX MARKET VALUE FUND, L.P.
By:
------------------------------
Name:
Title:
XXXXXXX NATIONAL LIFE INSURANCE COMPANY
By: PPM AMERICA, INC., AS ATTORNEY IN FACT, ON
BEHALF OF XXXXXXX NATIONAL LIFE INSURANCE
COMPANY
By: /s/ Xxxxxxx DiRe
------------------------------
Title: Senior Managing Director
XXXXXX FLOATING RATE FUND
By: /s/ Xxxx X. Xxxxxxxxx
------------------------------
Title: S.V.P.
KZH APPALOOSA LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH CNC LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH CRESCENT-2 LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH CYPRESSTREE-1 LLC
By: /s/ Xxxxxxxx Xxxxxx
------------------------------
Title: Authorized Agent
KZH HIGHLAND-2 LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH ING-1 LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH ING-3 LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH IV LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH PONDVIEW LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH SHOSHONE LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH STERLING LLC
By: /s/ Xxxxx Xxxx
------------------------------
Title: Authorized Agent
KZH SOLEIL-2 LLC
By: /s/ Xxxxx Xxxx
-------------------------------------------------------
Title: Authorized Agent
XXXXXX COMMERCIAL PAPER
By:
-------------------------------------------------------
Name:
Title:
LLOYDS TSB BANK PLC
By: /s/ Xxx Xxxxxxx
-------------------------------------------------------
Title: Vice President
THE 1199 HEALTH CARE EMPLOYEES PENSION FUND
By: XXXXXX-XXXXXXX FINANCIAL CORPORATION ITS INVESTMENT
ADVISOR
By:
-------------------------------------------------------
Name:
Title:
MAGNETITE ASSET INVESTORS LLC
By:
-------------------------------------------------------
Name:
Title:
MEDICAL LIABILITY MUTUAL
INSURANCE COMPANY
By:
------------------------------------------------------
Name:
Title:
XXXXXXX XXXXX PRIME RATE PORTFOLIO
By: XXXXXXX XXXXX ASSET MANAGEMENT, L.P.,
AS INVESTMENT ADVISOR
By: /s/ Xxxxxx X. Xxxxxx
-------------------------------------------------------
Title: Authorized Signatory
XXXXXXX XXXXX SENIOR FLOATING RATE FUND II, INC.
By: /s/ Xxxxxx X. Xxxxxx
-------------------------------------------------------
Title: Authorized Signatory
XXXXXXX XXXXX SENIOR FLOATING
RATE FUND, INC.
By: /s/ Xxxxxx X. Xxxxxx
-------------------------------------------------------
Title: Authorized Signatory
MICHIGAN NATIONAL BANK
By: /s/ Xxxx Xxxxxxxx XxXxxxxx
-------------------------------------------------------
Title: Senior Commercial Relationship Manager
THE MITSUBISHI TRUST AND BANKING CORPORATION
By: /s/ Xxxxxxxxx Xxxxxxx
-------------------------------------------------------
Title: Senior Vice President
ML CLO XX PILGRIM AMERICA (CAYMAN) LTD.
By: PILGRIM INVESTMENTS, INC. AS ITS INVESTMENT MANAGER
By:
--------------------------------------------------
Name:
Title:
MONUMENTAL LIFE INSURANCE COMPANY
By: /s/ Xxxx Xxxxxx
-------------------------------------------------------
Title: Vice President
XXXXXX XXXXXXX XXXX XXXXXX PRIME INCOME TRUST
By:
-------------------------------------------------------
Name:
Title:
MOUNTAIN CAPITAL CLO I, LTD.
By:
-------------------------------------------------------
Name:
Title:
NATEXIS BANQUE BFCE
By: /s/ Xxxx X. Xxxxx
-------------------------------------------------------
Title: Assistant Vice President
By: /s/ Xxxxx X. Xxxxxx, Xx.
-------------------------------------------------------
Title: Vice President & Group Manager
XXXXX XXX & FARNHAM CLO I LTD.,
By: XXXXX XXX & XXXXXXX INCORPORATED,
AS PORTFOLIO MANAGER
By: /s/ Xxxxx Xxxx
-------------------------------------------------------
Title: Vice President and Portfolio Manager
NORSE CBO, LTD.
By: XXXXXXXX CAPITAL MANAGEMENT, LLC AS ITS INVESTMENT
ADVISOR
By: XXXXXXXX CAPITAL ADVISORS, LLC ITS MANAGER AND
PURSUANT TO DELEGATED AUTHORITY
By:
-------------------------------------------------------
Name:
Title:
NORTH AMERICAN SENIOR FLOATING RATE FUND
By: CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC., AS
PORTFOLIO MANAGER
By: /s/ Xxxxxxx X. Xxxxx
-------------------------------------------------------
Title: Managing Director
NORTHWOODS CAPITAL, LIMITED
By: XXXXXX, XXXXXX & CO., L.P., AS COLLATERAL MANAGER
By: /s/ Xxxxxxx X. Xxxxxxx
-------------------------------------------------------
Title: Authorized Signatory
OAK HILL SECURITIES FUND, L.P.
By: OAK HILL SECURITIES GENPAR, L.P.,
ITS GENERAL PARTNER
By: OAK HILL SECURITIES MGP, INC.,
ITS GENERAL PARTNER
By: /s/ Xxxxx X. Xxxxx
--------------------------------------------
Title: Vice President
OAK MOUNTAIN LIMITED
By: ALLIANCE CAPITAL MANAGEMENT L.P., AS INVESTMENT
MANAGER
By: ALLIANCE CAPITAL MANAGEMENT CORPORATION, AS GENERAL
PARTNER
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------------------------
Title: Vice President
OCTAGON LOAN TRUST
By: OCTAGON CREDIT INVESTORS, AS MANAGER,
AS A LENDER
By: /s/ Xxxxxxx Nechankin
--------------------------------------------
Title: Portfolio Manager
OLYMPIC FUNDING TRUST, SERIES 1999-1
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Title: Authorized Agent
ORIX USA CORPORATION
By:
--------------------------------------------
Name:
Title:
OSPREY INVESTMENTS PORTFOLIO
By: CITIBANK, N.A., AS MANAGER
By:
--------------------------------------------
Name:
Title:
OXFORD STRATEGIC INCOME FUND
By: XXXXX XXXXX MANAGEMENT, AS INVESTMENT ADVISOR
By: /s/ Xxxxx X. Page
--------------------------------------------
Title: Vice President
PACIFIC LIFE INSURANCE COMPANY
By:
--------------------------------------------
Name:
Title:
By:
--------------------------------------------
Name:
Title:
PACIFIC REDWOOD CBO
By:
--------------------------------------------
Name:
Title:
PARIBAS CAPITAL FUNDING LLC
By:
--------------------------------------------
Name:
Title:
PERSEUS CDO I, LIMITED
By: /s/ Xxxx X. Xxxxxxx
--------------------------------------------
Title: Managing Director
PILGRIM PRIME RATE TRUST
By: PILGRIM INVESTMENTS, INC.,
AS ITS INVESTMENT MANAGER
By:
--------------------------------------------
Name:
Title:
XXXXXX DIVERSIFIED INCOME TRUST
By:
--------------------------------------------
Name:
Title:
XXXXXX DIVERSIFIED INCOME TRUST II
By:
--------------------------------------------
Name:
Title:
XXXXXX FUNDS TRUST-XXXXXX HIGH YIELD TRUST II
By:
--------------------------------------------
Name:
Title:
XXXXXX HIGH YIELD TOTAL RETURN FUND
By:
--------------------------------------------
Name:
Title:
XXXXXX MASTER INCOME TRUST
By:
--------------------------------------------
Name:
Title:
XXXXXX MASTER INTERMEDIATE INCOME TRUST
By:
--------------------------------------------
Name:
Title:
XXXXXX PREMIER INCOME TRUST
By:
--------------------------------------------
Name:
Title:
XXXXXX VARIABLE TRUST-PVT DIVERSIFIED INCOME FUND
By:
--------------------------------------------
Name:
Title:
XXXXXX VARIABLE TRUST-PVT HIGH YIELD FUND
By:
--------------------------------------------
Name:
Title:
ROYALTON COMPANY
By: PACIFIC INVESTMENT MANAGEMENT COMPANY, AS ITS
INVESTMENT ADVISOR
By: PIMCO MANAGEMENT INC.,
A GENERAL PARTNER
By: /s/ Xxxxx X. Xxxxxxxxxx
----------------------------------
Title: Senior Vice President
SAAR HOLDINGS CDO, LIMITED
By: /s/ Xxxx X. Xxxxxxx
----------------------------------
Title: Managing Director
SENIOR DEBT PORTFOLIO
By: BOSTON MANAGEMENT AND RESEARCH, AS INVESTMENT
ADVISOR
By: /s/ Xxxxx X. Page
----------------------------------
Title: Vice President
SEQUILS-PILGRIM I, LTD.
By: PILGRIM INVESTMENTS, INC. AS ITS INVESTMENT MANAGER
By: /s/ Xxxxxxx X. XxXxxxx, CFA
----------------------------------
Title: Assistant Vice President
SEQUILS I, LTD
By: TCW ADVISORS, INC. AS ITS COLLATERAL MANAGER
By:
----------------------------------
Name:
Title:
By:
----------------------------------
Name:
Title:
SOUTHERN PACIFIC BANK
By: /s/ Xxxxxx X. Xxxxxxxxxx
----------------------------------
Title: Senior Vice President
SRF TRADING, INC.
By: /s/ Xxxxx X. Xxxxxx
----------------------------------
Title: Vice President
SRV-HIGHLAND, INC.
By:
----------------------------------
Name:
Title:
STOCKSPLUS LP SUBFUND B (ACCT 400)
By: PACIFIC INVESTMENT MANAGEMENT COMPANY, AS ITS
INVESTMENT ADVISOR, ACTING THROUGH INVESTORS
FIDUCIARY TRUST COMPANY IN THE NOMINEE NAME OF IFTCO
By: PIMCO MANAGEMENT INC.,
A GENERAL PARTNER
By: /s/ Xxxxx X. Xxxxxxxxxx
----------------------------------
Title: Senior Vice President
THE SUMITOMO BANK, LTD
By: /s/ Xxxxxx X. Tata
----------------------------------
Title: Senior Vice President
XXXXXX CBO 1998-1 LTD.
By: XXXXX FARGO BANK, N.A., ITS ATTORNEY-IN-FACT
By: /s/ Xxxxxxxxx X. Xxxxxx
----------------------------------
Title: Vice President
TEACHERS' RETIREMENT SYSTEM OF LOUISIANA
By: XXXXXX-XXXXXXX FINANCIAL CORPORATION ITS INVESTMENT
ADVISOR
By:
----------------------------------
Name:
Title:
MAINSTAY VP SERIES FUND, INC., ON BEHALF OF ITS HIGH YIELD
CORPORATE BOND PORTFOLIO
By: XXXXXX-XXXXXXX FINANCIAL CORPORATION ITS INVESTMENT
ADVISOR
By:
----------------------------------
Name:
Title:
TORONTO DOMINION (NEW YORK), INC.
By: /s/ Xxxxx X. Xxxxxx
----------------------------------
Title: Vice President
TRANSAMERICA BUSINESS CREDIT CORPORATION
By: /s/ Xxxxx Xxxxxxxx
----------------------------------
Title: Senior Vice President
TRAVELERS CORPORATE LOAN FUND, INC.
By: TRAVELERS ASSET MANAGEMENT INTERNATIONAL CORPORATION
By:
----------------------------------
Name:
Title:
THE TRAVELERS INSURANCE COMPANY
By:
----------------------------------
Name:
Title:
TRITON CBO III, LIMITED
By: INVESCO SENIOR SECURED MANAGEMENT, INC., AS
INVESTMENT ADVISOR
By:
----------------------------------
Name:
Title:
UNION BANK OF CALIFORNIA, N.A.
By: /s/ Xxxxx X. Xxxxxxxxxx
----------------------------------
Title: Vice President
XXX XXXXXX PRIME RATE INCOME TRUST
By: /s/ Xxxxxx Xxxxxx
----------------------------------
Title: VP
WACHOVIA BANK, N.A.
By: /s/ Xxxxx X. Xxxxxxx
----------------------------------
Title: Senior Vice President
