EIGHTH AMENDMENT TO CREDIT AGREEMENT
EXHIBIT 4.1
EIGHTH AMENDMENT TO CREDIT AGREEMENT
EIGHTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of August 10, 2005, among
AMERISTAR CASINOS, INC., a Nevada corporation (the “Borrower”), the various lenders party
to the Credit Agreement referred to below (the “Lenders”) and DEUTSCHE BANK TRUST COMPANY
AMERICAS (f/k/a Bankers Trust Company), as Administrative Agent (all capitalized terms used herein
and not otherwise defined herein shall have the respective meanings provided such terms in the
Credit Agreement as defined below).
W I T N E S S E T H:
WHEREAS, the Borrower, the Lenders, the Administrative Agent and the other agents party
thereto are party to a Credit Agreement, dated as of December 20, 2000, as subsequently amended,
modified or supplemented by the First Amendment thereto dated as of January 30, 2001, the Second
Amendment thereto dated as of May 31, 2002, the Third Amendment thereto dated as of November 22,
2002, the Fourth Amendment thereto dated as of December 19, 2003, the Fifth Amendment thereto dated
as of February 27, 2004, the Sixth Amendment thereto dated as of October 25, 2004 and the Seventh
Amendment thereto dated as of December 21, 2004 (the “Credit Agreement”);
WHEREAS, the Borrower has requested that the Lenders agree to certain amendments to the Credit
Agreement; and
WHEREAS, the Borrower and the Lenders wish to amend the Credit Agreement as provided herein;
NOW, THEREFORE, it is agreed:
1. Section 9.03(iii) of the Credit Agreement is hereby amended by (i) deleting the text
“$25,000,000” appearing in sub-clause (x)(I) of said Section and inserting the text “$32,500,000”
in lieu thereof.
2. The Borrower hereby represents and warrants that (i) no Default or Event of Default exists
as of the Eighth Amendment Effective Date (as defined below) both before and after giving effect to
this Amendment and (ii) on the Eighth Amendment Effective Date, both before and after giving effect
to this Amendment, all representations and warranties (other than those representations made as of
a specified date) contained in the Credit Agreement and in the other Credit Documents are true and
correct in all material respects.
3. This Amendment shall become effective on the date (the “Eighth Amendment Effective
Date”) when the Required Lenders and the Borrower shall have signed a counterpart hereof
(whether the same or different counterparts) and shall have delivered (including by way of
facsimile transmission) the same to the Administrative Agent at White & Case LLP, 0000 Xxxxxx xx
xxx Xxxxxxxx, Xxx Xxxx, XX 00000, Attention: May Xxx-Xxxxxxx (facsimile number 212-354-8113).
4. 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.
5. 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 the Borrower and the Administrative Agent.
6. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.
* * *
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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.
AMERISTAR CASINOS, INC. |
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By: | /s/ Xxxxx X. Xxxxx | |||
Title: Senior Vice President & General Counsel | ||||
AMERISTAR CASINO VICKSBURG, INC., AMERISTAR CASINO COUNCIL BLUFFS, INC., CACTUS PETE’S, INC., A.C. FOOD SERVICES, INC., AMERISTAR CASINO ST. LOUIS, INC., AMERISTAR CASINO KANSAS CITY, INC., AMERISTAR CASINO ST. XXXXXXX, INC., AMERISTAR CASINO LAS VEGAS, INC. RICHMOND STREET DEVELOPMENT, INC. AMERISTAR CASINO BLACK HAWK, INC. |
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By: | /s/ Xxxxx X. Xxxxx | |||
Title: Vice President | ||||
DEUTSCHE BANK TRUST COMPANY AMERICAS (f/k/a Bankers Trust Company), Individually and as
Administrative Agent |
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By: | /s/ Xxxx Xxx Xxxxx | |||
Title: Managing Director | ||||
By: | /s/ Xxxx Xxxxx | |||
Title: Vice President | ||||
SIGNATURE PAGE TO THE EIGHTH AMENDMENT DATED AS OF
AUGUST 10, 2005, TO THE CREDIT AGREEMENT DATED AS OF
DECEMBER 20, 2000, AS SUBSEQUENTLY AMENDED, AMONG
AMERISTAR CASINOS, INC., A NEVADA CORPORATION, THE
VARIOUS LENDERS PARTY TO THE CREDIT AGREEMENT
REFERRED TO ABOVE, XXXXX FARGO BANK, N.A., AS
CO-ARRANGER AND SYNDICATION AGENT, BEAR XXXXXXX
CORPORATE LENDING INC., AS DOCUMENTATION AGENT,
DEUTSCHE BANK SECURITIES INC., AS LEAD ARRANGER AND
SOLE BOOK MANAGER AND DEUTSCHE BANK TRUST COMPANY
AMERICAS (F.K.A BANKERS TRUST COMPANY), AS
ADMINISTRATIVE AGENT
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LANDMARK CDO |
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By: | /s/ Xxxxx Xxxxxx | |||
Title: Authorized Signatory | ||||
LANDMARK IV |
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By: | /s/ Xxxxx Xxxxxx | |||
Title: Authorized Signatory | ||||
BANK OF SCOTLAND |
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By: | /s/ Xxxxx Xxxx | |||
Title: Assistant Vice President | ||||
BEAR XXXXXXX CORPORATE LENDING |
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By: | /s/ Xxxxxx Xxxxxxxxxxxx | |||
Title: Vice President | ||||
BLACK DIAMOND INTERNATIONAL FUNDING, LTD. |
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By: | /s/ Xxxx Xxxxxxx | |||
Title: Director | ||||
BLACK DIAMOND CLO 2005-1 LTD |
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By: | Black Diamond Capital Management, L.L.C., as its Collateral Manager |
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By: | /s/ Xxxx Xxxxxxx | |||
Title: Director |
BLACKROCK SENIOR INCOME SERIES BLACKROCK SENIOR INCOME SERIES II SENIOR LOAN PORTFOLIO MAGNETITE ASSET INVESTORS LLC MAGNETITE ASSET INVESTORS III LLC MAGNETITE IV CLO, LIMITED SENIOR LOAN FUND |
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By: | /s/ Xxx Xxxxxxx | |||
Title: Authorized Signatory | ||||
CARLYLE HIGH YIELD PARTNERS, L.P. |
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By: | /s/ Xxxx Xxxxx | |||
Title: Managing Director | ||||
CARLYLE HIGH YIELD PARTNERS II, LTD. |
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By: | /s/ Xxxx Xxxxx | |||
Title: Managing Director | ||||
CARLYLE HIGH YIELD PARTNERS III, LTD. |
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By: | /s/ Xxxx Xxxxx | |||
Title: Managing Director | ||||
CARLYLE HIGH YIELD PARTNERS IV, LTD. |
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By: | /s/ Xxxx Xxxxx | |||
Title: Managing Director | ||||
CARLYLE HIGH YIELD PARTNERS VI, LTD. |
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By: | /s/ Xxxx Xxxxx | |||
Title: Managing Director | ||||
CARLYLE LOAN INVESTMENT, LTD. |
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By: | /s/ Xxxx Xxxxx | |||
Title: Managing Director | ||||
SIERRA CLO |
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By: | /s/ Xxxx X. Xxxxxxxxx | |||
Title: | Chief Operating Officer Centre Pacific, Manager |
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SENIOR DEBT PORTFOLIO | ||||||||
By: | Boston Management and Research as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
XXXXX XXXXX SENIOR INCOME TRUST | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
XXXXX XXXXX INSTITUTIONAL SENIOR LOAN FUND | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
XXXXX XXXXX CDO III, LTD. | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
COSTANTINUS XXXXX XXXXX CDO V, LTD. | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
XXXXX XXXXX CDO VI, LTD. | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President |
XXXXXXX & CO | ||||||||
By: | Boston Management and Research as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
THE NORINCHUKIN BANK, NEW YORK BRANCH,
through State Street Bank and Trust Company N.A.
as Fiduciary Custodian |
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By: | Xxxxx Xxxxx Management, Attorney-in-fact |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
BIG SKY III SENIOR LOAN TRUST | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
XXXXX XXXXX VT FLOATING-RATE INCOME FUND | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
XXXXX XXXXX LIMITED DURATION INCOME FUND | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
TOLLI & CO. | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President |
XXXXX XXXXX SENIOR FLOATING-RATE TRUST | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President | ||||||||
XXXXX XXXXX FLOATING-RATE INCOME TRUST | ||||||||
By: | Xxxxx Xxxxx Management as Investment Advisor |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Vice President |
FRANKLIN CLO III, LIMITED |
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By: | /s/ Xxxxx Xxxxxx | |||
Title: Vice President | ||||
FRANKLIN CLO II, LIMITED |
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By: | /s/ Xxxxx Xxxxxx | |||
Title: Vice President | ||||
FRANKLIN FLOATING RATE DAILY ACCESS FUND |
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By: | /s/ Xxxxxxx Xxx | |||
Title: Vice President | ||||
GENERAL ELECTRIC CAPITAL CORPORATION |
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By: | /s/ Xxxxxx Xxxxxx | |||
Title: Duly Authorized Signatory | ||||
HIBERNIA NATIONAL BANK |
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By: | /s/ Xxxxx X. Xxxxxx | |||
Title: Senior Vice President | ||||
ML CLO XX PILGRIM AMERICA (CAYMAN) LTD. | ||||||||
By: | ING Investments LLC as its Investments Manager |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Senior Vice President | ||||||||
ING SENIOR INCOME FUND | ||||||||
By: | ING Investment Management, Co. as its Investments Manager |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Senior Vice President | ||||||||
ING PRIME RATE TRUST | ||||||||
By: | ING Investment Management, Co. as its Investments Manager |
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By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Title: Senior Vice President | ||||||||
ARCHIMEDES FUNDING III, LTD. | ||||||||
By: | ING Capital Advisors LLC, as Collateral Manager |
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By: | /s/ Xxxxxx X. Xxxxxxxxxx | |||||||
Title: Director | ||||||||
ARCHIMEDES FUNDING IV (CAYMAN), LTD. | ||||||||
By: | ING Capital Advisors LLC, as Collateral Manager |
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By: | /s/ Xxxxxx X. Xxxxxxxxxx | |||||||
Title: Director | ||||||||
ENDURANCE CLO I, LTD. | ||||||||
By: | ING Capital Advisors LLC, as Collateral Manager |
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By: | /s/ Xxxxxx X. Xxxxxxxxxx | |||||||
Title: Director | ||||||||
NEMEAN CLO, LTD. | ||||||||
By: | ING Capital Advisors LLC, as Collateral Manager |
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By: | /s/ Xxxxxx X. Xxxxxxxxxx | |||||||
Title: Director | ||||||||
SEQUILS-ING I (HBDGM), LTD. | ||||||||
By: | ING Capital Advisors LLC, as Collateral Manager |
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By: | /s/ Xxxxxx X. Xxxxxxxxxx | |||||||
Title: Director |
LCM I LIMITED PARTNERSHIP | ||||||||
By: | Lyon Capital Management LLC, as Collateral Manager |
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By: | /s/ Xxxxxxxxx X. Xxxxx | |||||||
Title: Portfolio Manager | ||||||||
LCM II LIMITED PARTNERSHIP | ||||||||
By: | Lyon Capital Management LLC, as Collateral Manager |
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By: | /s/ Xxxxxxxxx X. Xxxxx | |||||||
Title: Portfolio Manager | ||||||||
LCM III LTD. | ||||||||
By: | Lyon Capital Management LLC, as Collateral Manager |
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By: | /s/ Xxxxxxxxx X. Xxxxx | |||||||
Title: Portfolio Manager | ||||||||
LONGHORN CDO (CAYMAN) LTD. | ||||||||
By: | Xxxxxxx Xxxxx Investment Managers, L.P. as its Investments Manager |
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By: | /s/ Xxxxxx Xxxxx | |||||||
Title: Authorized Signatory | ||||||||
MASTER SENIOR FLOATING RATE TRUST | ||||||||
By: | /s/ Xxxxxx Xxxxx | |||||||
Title: Authorized Signatory | ||||||||
NATIONAL CITY BANK OF INDIANA | ||||||||
By: | /s/ Xxxx Xxxxxx | |||||||
Title: Vice President | ||||||||
CENTURION CDO II, LTD. | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxxx X. Xxxx | |||||||
Title: Director – Operations |
SEQUILS-CENTURION V, LTD. | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxxx X. Xxxx | |||||||
Title: Director – Operations | ||||||||
CENTURION CDO VI, LTD. | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxxx X. Xxxx | |||||||
Title: Director – Operations | ||||||||
CENTURION CDO VII, LTD. | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxxx X. Xxxx | |||||||
Title: Director – Operations | ||||||||
CENTURION CDO 8, LTD. | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxxx X. Xxxx | |||||||
Title: Director – Operations | ||||||||
CENTURION CDO 9, LTD. | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxxx X. Xxxx | |||||||
Title: Director – Operations | ||||||||
CENTURION CDO III, LTD. | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxxx X. Xxxx | |||||||
Title: Director – Operations | ||||||||
IDS LIFE INSURANCE COMPANY | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxx X. Xxxxxxx | |||||||
Title: Senior Managing Director |
AMERIPRISE CERTIFICATE COMPANY | ||||||||
By: | RiverSource Investments, LLC as Collateral Manager |
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By: | /s/ Xxxxxx X. Xxxxxxx | |||||||
Title: Senior Managing Director |
TORONTO DOMINION (NEW YORK) LLC |
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By: | /s/ Xxxxxx Xxxxxx | |||
Title: Authorized Signatory | ||||
WB LOAN FUNDING 1, LLC |
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By: | /s/ Xxxxx X. Xxxxx | |||
Title: Associate | ||||
XXXXX FARGO BANK, N.A. |
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By: | /s/ Xxxxx Xxxxxx | |||
Title: Vice President | ||||