EXHIBIT 10.19
FIRST AMENDMENT
FIRST AMENDMENT (this "Amendment"), dated as of December 9, 1999,
among BIG FLOWER HOLDINGS, INC., a Delaware corporation ("Holdings"), BIG FLOWER
PRESS HOLDINGS, INC., a Delaware corporation ("BFPH"), BIG FLOWER LIMITED, a
Wholly-Owned Subsidiary of BFPH and a limited company organized under the laws
of England ("BFL"), OLWEN DIRECT MAIL LIMITED, a Wholly-Owned Subsidiary of BFL
and a limited company organized under the laws of England ("Olwen"), BIG FLOWER
DIGITAL SERVICES LIMITED, an indirect Wholly-Owned Subsidiary of BF Digital and
a limited company organized under the laws of England ("BFDSL"), FUSION PREMEDIA
GROUP LIMITED (f/k/a Troypeak Limited), an indirect Wholly-Owned Subsidiary of
BF Digital and a limited company organized under the laws of England ("Fusion"),
PISMO LIMITED, an indirect Wholly-Owned Subsidiary of BF Digital and a limited
company organized under the laws of England ("Pismo"), COLORGRAPHIC DIRECT
RESPONSE LIMITED, a Wholly-Owned Subsidiary of BFL and a limited company
organized under the laws of England ("Colorgraphic"), and THE ADMAGIC GROUP
LIMITED, an indirect Wholly-Owned Subsidiary of BF Digital and a limited company
organized under the laws of England ("Admagic", and together with BFPH, BFL,
Olwen, BFDSL, Fusion, Pismo, Colorgraphic and each other entity that may become
a party to the Credit Agreement referred to below as a U.K. Borrower in
accordance with the provisions of Section 6 of the Credit Agreement, the
"Borrowers", and each, a "Borrower"), the Lenders party to the Credit Agreement
referred to below on the date hereof and immediately before giving effect to
this Amendment (the "Existing Lenders"), CHASE SECURITIES, INC. and DEUTSCHE
BANK SECURITIES INC., as Joint Lead Arrangers and Joint Book Managers (in such
capacities, the "Joint Lead Arrangers"), THE CHASE MANHATTAN BANK, as
Administrative Agent (in such capacity, the "Administrative Agent"), BANKERS
TRUST COMPANY, as Syndication Agent (in such capacity, the Syndication Agent")
and BANK OF AMERICA, N.A., as Documentation Agent (in such capacity, the
"Documentation Agent"), and each of the lenders listed on Schedule A hereto
(each, a "New Lender" and, collectively, the "New Lenders"). All capitalized
terms used herein and not otherwise defined herein shall have the respective
meanings provided such terms in the Credit Agreement referred to below.
W I T N E S S E T H :
WHEREAS, Holdings, the Borrowers, the Joint Lead Arrangers, the
Administrative Agent, the Syndication Agent and the Documentation Agent are
parties to a Credit Agreement, dated as of December 7, 1999 (the "Credit
Agreement"); and
WHEREAS, the parties hereto wish to amend the Credit Agreement as
herein provided;
NOW, THEREFORE, it is agreed:
1. Each Existing Lender hereby sells and assigns to each New Lender
without recourse and without representation or warranty (other than as expressly
provided herein), and each New Lender hereby purchases and assumes from each
Existing Lender, that interest in and to each Existing Lender's rights and
obligations in respect of those Tranches set forth on Schedule B hereto under
the Credit Agreement as
of the date hereof which in the aggregate for each such New Lender represents
such New Lender's PRO RATA share (for each such New Lender, its "PRO RATA
Share") in such Tranches as set forth on such Schedule B (calculated after
giving effect to this Amendment), and such PRO RATA Share represents all of the
outstanding rights and obligations under the Credit Agreement in respect of the
Tranches that are being sold and assigned to each such New Lender pursuant to
this Amendment, including, without limitation, (i) in the case of any assignment
of the outstanding Tranche A Term Loans, all rights and obligations with respect
to such New Lender's PRO RATA Share of such outstanding Tranche A Term Loans,
(ii) in the case of any assignment of all or any portion of outstanding Total
Tranche A Term Loan Commitment, all rights and obligations with respect to such
New Lender's PRO RATA Share of the Total Tranche A Term Loan Commitment, (iii)
in the case of any assignment of the outstanding Tranche B Term Loans, all
rights and obligations with respect to such New Lender's PRO RATA Share of such
outstanding Tranche B Term Loans, (iv) in the case of any assignment of all or
any portion of the Total Dollar Facility Revolving Loan Commitment, all rights
and obligations with respect to such New Lender's PRO RATA Share of the Total
Dollar Facility Revolving Commitment and of any outstanding Dollar Facility
Revolving Loans, Dollar Facility Swingline Loans and Dollar Facility Letters of
Credit and (v) in the case of all or any assignment of all or any portion of all
or the Total Multicurrency Facility Revolving Loan Commitment, all rights and
obligations with respect to such New Lender's Pro RATA Share of the Total
Multicurrency Facility Revolving Loan Commitment and of any outstanding BFPH
Multicurrency Facility Revolving Loans, BFPH Multicurrency Facility Swingline
Loans, U.K. Borrowers Multicurency Facility Revolving Loans, U.K. Borrowers
Multicurrency Facility Swingline Loans and Multicurrency Facility Letters of
Credit. After giving effect to this Amendment, each Lender's outstanding Tranche
A Term Loans, Tranche B Term Loans, Dollar Facility Revolving Loan Commitment
and Multicurrency Facility Revolving Loan Commitment will be as set forth on
Schedule C hereto.
2. In accordance with the requirements of Section 13.04(b) of the
Credit Agreement, on the First Amendment Effective Date (as defined below), (i)
the Credit Agreement shall be amended by deleting Schedule I thereto in its
entirety and by inserting in lieu thereof a new Schedule I in the form of
Schedule C hereto and (ii) each Borrower agrees that it will, upon the request
of any Lender, issue appropriate new Note(s) to such Lender in conformity with
the requirements of Section 1.05 of the Credit Agreement.
3. On and after the First Amendment Effective Date, Schedule II to
the Credit Agreement shall be amended by deleting such Schedule in its entirety
and inserting in lieu thereof a new Schedule II in the form of Schedule D
hereto.
4. Each Existing Lender (i) represents and warrants that it is the
legal and beneficial owner of the interest being assigned by it hereunder and
that such interest is free and clear of any adverse claim; (ii) makes no
representation or warranty and assumes no responsibility with respect to any
statements, warranties or representations made in or in connection with the
Credit Agreement or the other Credit Documents or the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Credit
Agreement or the other Credit Documents or any other instrument
-2-
or document furnished pursuant thereto; and (iii) makes no representation or
warranty and assumes no responsibility with respect to the financial condition
of Holdings or any of its Subsidiaries or the performance or observance by
Holdings or any of its Subsidiaries of any of their respective obligations under
the Credit Agreement or the other Credit Documents to which they are a party or
any other instrument or document furnished pursuant thereto.
5. Each New Lender (i) represents and warrants that it is duly
authorized to enter into and perform the terms of this Amendment; (ii) confirms
that it has received a copy of the Credit Agreement and the other Credit
Documents, together with copies of the financial statements referred to therein
and such other documents and information as it has deemed appropriate to make
its own credit analysis and decision to enter into this Amendment; (iii) agrees
that it will, independently and without reliance upon any Agent or any other
Lender and based on such documents and information as it shall deem appropriate
at the time, continue to make its own credit decisions in taking or not taking
action under the Credit Agreement; (iv) confirms that it is (I) a parent company
and/or an affiliate of the Assignor which is at least 50% owned by the Assignor
or its parent company, (II) in the event the Assignor is a fund that invests in
bank loans, a fund that invests in bank loans and is managed by the same
investment advisor of the Assignor or by an affiliate of such investment advisor
or (III) an Eligible Transferee under Section 13.04(b) of the Credit Agreement;
(v) appoints and authorizes each Agent and the Collateral Agent to take such
action as agents on its behalf and to exercise such powers under the Credit
Agreement and the other Credit Documents as are delegated to such Agent and the
Collateral Agent by the terms thereof, together with such powers as are
reasonably incidental thereto; (vi) agrees that it will perform in accordance
with their terms all of the obligations which by the terms of the Credit
Agreement are required to be performed by it as a Lender; and (vii) to the
extent legally entitled to do so, agrees to promptly submit to BFPH and the
Administrative Agent the appropriate Internal Revenue Service Forms described in
Section 13.04(b) of the Credit Agreement.
6. Each of the Existing Lenders, the New Lenders and the
Administrative Agent hereby agree that (x) all interest on any New Lender's PRO
RATA Share of the outstanding Loans, all RL Commitment Commission (if
applicable) on such New Lender's PRO RATA Share of the Total Dollar Facility
Revolving Loan Commitment and/or the Total Multicurrency Facility Revolving Loan
Commitment, as the case may be, and all TL Commitment Commission (if applicable)
on such New Lender's PRO RATA Share of the Total Tranche A Term Loan Commitment,
in each case accrued prior to the delivery by such New Lender of the amount
referred to in clause (ii) of Section 11 of this Amendment, shall be for the
account of the Existing Lender and (y) all such interest and Commitment
Commission accrued on and after the delivery of the amount referred to in clause
(ii) of such Section 11 shall be for the account of such New Lender.
7. In accordance with Section 13.04(b) of the Credit Agreement, on
and as of the date upon which each New Lender delivers the amount referred to in
clause (ii) of Section 11 of this Amendment, such New Lender shall become a
"Lender" under, and for all purposes of, the Credit Agreement and the other
Credit Documents
-3-
and, notwithstanding anything to the contrary in Section 13.16 of the Credit
Agreement, the Administrative Agent shall record the transfers contemplated
hereby in the Register. The Administrative Agent hereby waives the assignment
fee referred to in Section 13.04(b) of the Credit Agreement in connection with
the assignments effected hereby.
8. 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.
9. 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 Holdings and the Administrative Agent.
10. 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.
11. Subject to Section 12 of this Amendment, this Amendment shall
become effective on the date (the "First Amendment Effective Date") when (i)
Holdings, the Borrowers, the Joint Lead Arrangers, the Administrative Agent, the
Syndication Agent, the Documentation Agent, each Existing Lender and each New
Lender 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 its Notice Office and (ii)
each New Lender shall have delivered to the Administrative Agent for the
accounts of the respective Existing Lenders, an amount equal to such New
Lender's relevant PRO RATA Share of the principal amount of the outstanding
Loans.
12. Notwithstanding Section 11 of this Amendment, if for any reason
any New Lender shall not have (i) signed a counterpart hereof and delivered the
same to the Administrative Agent at its Notice Office and (ii) delivered to the
Administrative Agent an amount equal to such New Lender's relevant PRO RATA
Share of the principal amount of the outstanding Loans, in each case on or prior
to December 9, 1999, then, if the respective Existing Lender agrees, this
Amendment shall become effective notwithstanding such failure, PROVIDED that (x)
Schedule C shall be modified to delete any such New Lender and such New Lender's
relevant PRO RATA Share shall be reallocated to the respective Existing Lender
and (y) the signature pages of this Amendment shall be deemed revised to delete
such New Lender's name therefrom.
13. From and after the First Amendment Effective Date, all references
in the Credit Agreement and each of the Credit Documents to the Credit Agreement
shall be deemed to be references to the Credit Agreement as amended hereby.
* * *
-4-
IN WITNESS WHEREOF, each of the parties hereto has caused a
counterpart of this Amendment to be duly executed and delivered as of the date
first above written.
BIG FLOWER HOLDINGS, INC.,
as a Guarantor
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
BIG FLOWER PRESS HOLDINGS,
INC., as a Borrower and a Guarantor
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
BIG FLOWER LIMITED,
as a Borrower
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
OLWEN DIRECT MAIL LIMITED,
as a Borrower
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
FUSION PREMEDIA GROUP,
as a Borrower
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
PISMO LIMITED,
as a Borrower
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
BIG FLOWER DIGITAL SERVICES
LIMITED, as a Borrower
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
COLORGRAPHIC DIRECT RESPONSE
LIMITED
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
THE ADMAGIC GROUP LIMITED
By /s/ Xxxx Xxxxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
THE CHASE MANHATTAN BANK
Individually and as
Administrative Agent
By /s/ Xxxxx Xxxxxx
--------------------------
Title: Executive V.P./Office of the
Chairman
BANKERS TRUST COMPANY
Individually and as
Syndication Agent
By /s/ Xxxxxxx Xxxxxxx
------------------------------------
Title: Princpal
BANK OF AMERICA, N.A.
as Documentation Agent
By /s/ Xxxxxxxxx X. Xxxxx
------------------------------------
Title: Managing Director
DEUTSCHE BANK SECURITIES INC.
By /s/ Xxxxxxx X. Xxxxxx
------------------------------------
Title: Managing Director
FLOATING RATE PORTFOLIO
BY: INVESCO SENIOR SECURED
MANAGEMENT, INC. AS ATTORNEY
IN FACT
By /s/ Xxxxxxxx X. Xxxxxxxx
------------------------------------
Name: Xxxxxxxx X. Xxxxxxxx
Title: Authorized Signatory
AVALON CAPITAL LTD.
BY: INVESCO SENIOR SECURED
MANAGEMENT, INC.
AS PORTFOLIO ADVISOR
By /s/ Xxxxxxxx X. Xxxxxxxx
------------------------------------
Name: Xxxxxxxx X. Xxxxxxxx
Title: Authorized Signatory
BOEING CAPITAL CORPORATION
By: /s/ Xxxxx X. Xxxxxxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxxxxxx
Title: Senior Documentation Officer
CREDIT AGRICOLE INDOSUEZ
By: /s/ Xxxxx Xxxxx
------------------------------------
Name: Xxxxx Xxxxx
Title: FVP
By: /s/ Xxxx XxXxxxxxx
------------------------------------
Name: Xxxx XxXxxxxxx
Title: VP, SRM
FIRST UNION NATIONAL BANK,
as Managing Agent
By: /s/ Xxxx Xxxxxxxx
------------------------------------
Name: Xxxx Xxxxxxxx
Title: Vice President
FIRST SOURCE FINANCIAL LLP
BY: FIRST SOURCE FINANCIAL, INC., AS
AGENT/MANAGER
By: /s/ Xxxxx X. Xxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President
BANKBOSTON, N.A.
By: /s/ Xxxxx X. Jalelein
------------------------------------
Name: Xxxxx X. Jalelein
Title: Director
BAVARIA TRR CORPORATION
By: /s/ Xxxxx X. Xxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Vice President
FRANKLIN FLOATING RATE TRUST
By: /s/ Xxxxxxxx Xxxxxx
------------------------------------
Name: Xxxxxxxx Xxxxxx
Title: Vice President
XXXXXXX XXXXX SENIOR FLOATING
RATE FUND, INC.
By: /s/ Xxxxxx Xxxxxx
------------------------------------
Name: Xxxxxx Xxxxxx
Title: Authorized Signatory
XXXXXXX XXXXX SENIOR FLOATING
RATE FUND II, INC.
By: /s/ Xxxxxx Xxxxxx
------------------------------------
----------------------------------
Name: Xxxxxx Xxxxxx
Title: Authorized Signatory
METROPOLITAN LIFE INSURANCE
COMPANY
By: /s/ Xxxxx X. Xxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Director
OAK HILL SECURITIES FUND, L.P.
BY: OAK HILL SECURITIES GENPAR,
L.P., ITS GENERAL PARTNER
BY: OAK HILL MGP, INC.,
ITS GENERAL PARTNER
By: /s/ Xxxxx X. Xxxxx
------------------------------------
Name: Xxxxx X. Xxxxx
Title: Vice President
OAK HILL SECURITIES FUND II, L.P.
BY: OAK HILL SECURITIES GENPAR II,
L.P., ITS GENERAL PARTNER
BY: OAK HILL MGP II, INC.,
ITS GENERAL PARTNER
By: /s/ Xxxxx X. Xxxxx
------------------------------------
Name: Xxxxx X. Xxxxx
Title: Vice President
NORTHWOODS CAPITAL, LIMITED
By: Xxxxxx, Xxxxxx & Co., L.P.,
as Collateral Agent
By:/s/ Xxxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Authorized Signatory
AG CAPITAL FUNDING PARTNERS, L.P.
By: Xxxxxx, Xxxxxx & Co., L.P.,
as Investment Adviser
By:/s/ Xxxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Authorized Signatory
MAPLEWOODS (CAYMAN) LIMITED
BY: MASSACHUSETTS MUTUAL LIFE
INSURANCE COMPANY,AS
INVESTMENT MANAGER
By:/s/ Xxxxxx X. Xxxx
----------------------------------------
Name: Xxxxxx X. Xxxx
Title: Second VP and Associate General
Counsel
SIMSBURY CLO, LIMITED
BY: MASSACHUSETTS MUTUAL LIFE
INSURANCE COMPANY, AS
COLLATERAL MANAGER
By:/s/ Xxxxxx X. Xxxx
----------------------------------------
Name: Xxxxxx X. Xxxx
Title: Second VP and Associate General
Counsel
MASSACHUSETTS MUTUAL LIFE
INSURANCE COMPANY
By:/s/ Xxxxxx X. Xxxx
----------------------------------------
Name: Xxxxxx X. Xxxx
Title: Second VP and Associate General
Counsel
MASSMUTUAL HIGH YIELD PARTNERS
II, LLC
By: HYP Management, Inc.
By:/s/ Xxxxxx X. Xxxx
----------------------------------------
Name: Xxxxxx X. Xxxx
Title: Second VP and Associate General
Counsel
NORTH AMERICAN SENIOR FLOATING
RATE FUND
By: CypressTree Investment Management
Company, Inc. as Portfolio Manager
By:/s/ Xxxxxxxx X. Xxxxxxx
-----------------------------------
Name: Xxxxxxxx X. Xxxxxxx
Title: Principal
ORIX USA CORPORATION
By:/s/ Xxxxxxx Xxxxxxxxx
----------------------------------------
Name: Xxxxxxx Xxxxxxxxx
Title: Senior Vice President
PILGRIM PRIME RATE TRUST
By: Pilgrim Investments, Inc.,
as its investment manager
By:/s/ Xxxxxxx X. Xxxxxxx
----------------------------------------
Name: Xxxxxxx X. XxXxxxx, CFA
Title: Assistant Vice President
XXXXXX XXXXXXX XXXX XXXXXX
PRIME INCOME TRUST
By:/s/ Xxxxxx X. Xxxxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxxxx
Title: Vice President
XXX XXXXXX PRIME RATE INCOME
TRUST
By: Xxx Xxxxxx Investment Advisory Corp.
By:/s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Vice President
XXX XXXXXX SENIOR FLOATING RATE
FUND
By: Xxx Xxxxxx Investment Advisory Corp.
By:/s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Vice President
SCHEDULE A
to
FIRST AMENDMENT
NEW LENDERS
[Credit Agricole Indosuez
First Union National Bank
BankBoston, N.A
AG Capital Funding Partners, L.P.
Avalon Capital Ltd.
Boeing Capital Corporation
Bavaria TRR Corporation
First Source Financial LLP
Floating Rate Portfolio
Franklin Floating Rate Trust
Maplewood (Cayman) Limited
Massachusetts Mutual Life Insurance Company
MassMutual High Yield Partners II, LLC
Xxxxxxx Xxxxx Senior Floating Rate Fund, Inc.
Xxxxxxx Xxxxx Senior Floating Rate Fund II, Inc.
Metropolitan Life Insurance Company
Xxxxxx Xxxxxxx Xxxx Xxxxxx Prime Income Trust
North American Senior Floating Rate Fund
Northwoods Capital, Limited
Oak Hill Securities Fund, L.P.
Oak Hill Securities Fund II, L.P.
ORIX USA Corporation
Pilgrim Prime Rate Trust
Simsbury CLO, Limited
Xxx Xxxxxx Prime Rate Income Trust
Xxx Xxxxxx Senior Floating Rate Fund]
SCHEDULE B
to
FIRST AMENDMENT
RELEVANT PRO RATA SHARES
PRINCIPAL OF PRINCIPAL OF MULTICURRENCY
TRANCHE A OUTSTANDING OUTSTANDING DOLLAR FACILITY FACILITY
TERM LOAN TRANCHE A TRANCHE B REVOLVING LOAN REVOLVING LOAN
LENDER COMMITMENTS TERM LOANS TERM LOANS COMMITMENT COMMITMENT
---------------- ---------------- ---------------- ---------------- ---------------- ----------------
The Chase .277500000000 .277500000000 .232916666667 .277500 .277500
Manhattan Bank
Bankers Trust .277500000000 .277500000000 .062916666667 .277500 .277500
Company
Bank of America, .185000000000 .185000000000 .004166666667 .185000 .185000
N.A
Credit Agricole .090000000000 .090000000000 -- .090000 .090000
Indosuez
First Union .070000000000 .070000000000 -- .070000 .070000
National Bank
BankBoston, N.A .090000000000 .090000000000 -- .100000 .100000
AG Capital -- -- .008333333333 -- --
Funding Partners,
L.P.
Avalon Capital -- -- .016666666667 -- --
Ltd.
Boeing Capital -- -- .066666666667 -- --
Corporation
Bavaria TRR -- -- .050000000000 -- --
Corporation
First Source .010000000000 .010000000000 .016666666667 -- --
Financial LLP
Floating Rate -- -- .016666666667 -- --
Portfolio
Franklin Floating -- -- .033333333333 -- --
Rate Trust
Maplewood -- -- .025000000000 -- --
(Cayman) Limited
Massachusetts -- -- .006666666667 -- --
Mutual Life
Insurance
PRINCIPAL OF PRINCIPAL OF MULTICURRENCY
TRANCHE A OUTSTANDING OUTSTANDING DOLLAR FACILITY FACILITY
TERM LOAN TRANCHE A TRANCHE B REVOLVING LOAN REVOLVING LOAN
LENDER COMMITMENTS TERM LOANS TERM LOANS COMMITMENT COMMITMENT
---------------- ---------------- ---------------- ---------------- ---------------- ----------------
Company
MassMutual High -- -- .010000000000 -- --
Yield Partners II,
LLC
Xxxxxxx Xxxxx -- -- .040000000000 -- --
Senior Floating
Rate Fund, Inc.
Xxxxxxx Xxxxx -- -- .010000000000 -- --
Senior Floating
Rate Fund II, Inc.
Metropolitan Life -- -- .066666666667 -- --
Insurance
Company
Xxxxxx Xxxxxxx -- -- .066666666667 -- --
Xxxx Xxxxxx Prime
Income Trust
North American -- -- .003333333333 -- --
Senior Floating
Rate Fund
Northwoods -- -- .008333333333 -- --
Capital, Limited
Oak Hill Securities -- -- .033333333333 -- --
Fund, L.P.
Oak Hill Securities -- -- .016666666667 -- --
Fund II, L.P.
ORIX USA -- -- .033333333333 -- --
Corporation
Pilgrim Prime Rate -- -- .013333333333 -- --
Trust
Simsbury CLO, -- -- .025000000000 -- --
Limited
Xxx Xxxxxx -- -- .080000000000 -- --
Prime Rate Income
Trust
Xxx Xxxxxx -- -- .053333333333 -- --
Senior Floating
Rate Fund
1.0000000000 1.0000000000 1.0000000000 1.0000000000 1.0000000000
SCHEDULE C
to
FIRST AMENDMENT
COMMITMENTS AND LOANS
PRINCIPAL OF PRINCIPAL OF DOLLAR FACILITY MULTICURRENCY
TRANCHE A OUTSTANDING OUTSTANDING REVOLVING FACILITY
TERM LOAN TRANCHE A TRANCHE B LOAN REVOLVING LOAN
LENDER COMMITMENTS TERM LOANS TERM LOANS COMMITMENT COMMITMENT
---------------- ---------------- ---------------- ---------------- ---------------- ----------------
The Chase $ 3,756,160.85 $ 65,618,839.15 $ 69,875,000.00 $ 24,975,000.00 $ 44,400,000.00
Manhattan Bank
Bankers Trust $ 3,756,160.85 $ 65,618,839.15 $ 18,875,000.00 $ 24,975,000.00 $ 44,400,000.00
Company
Bank of America, $ 2,504,107.24 $ 43,745,892.76 $ 1,250,000.00 $ 16,650,000.00 $ 29,600,000.00
N.A
Credit Agricole $ 1,218,214.33 $ 21,281,785.67 -- $ 8,100,000.00 $ 14,400,000.00
Indosuez
First Union $ 947,500.04 $ 16,552,499.96 -- $ 6,300,000.00 $ 11,200,000.00
National Bank
BankBoston, N.A $ 1,218,214.33 $ 21,281,785.67 -- $ 9,000,000.00 $ 16,000,000.00
AG Capital -- -- $ 2,500,000.00
Funding Partners,
L.P.
Avalon Capital Ltd. -- -- $ 5,000,000.00
Boeing Capital -- -- $ 20,000,000.00
Corporation
Bavaria TRR -- -- $ 15,000,000.00
Corporation
First Source $ 135,357.15 $ 2,364,642.85 $ 5,000,000.00
Financial LLP
Floating Rate -- -- $ 5,000,000.00
Portfolio
Franklin Floating -- -- $ 10,000,000.00
Rate Trust
Maplewood -- -- $ 7,500,000.00
(Cayman) Limited
Massachusetts -- -- $ 2,000,000.00
Mutual Life
Insurance Company
MassMutual High -- -- $ 3,000,000.00
YieldPartners II,
LLC
Xxxxxxx Xxxxx -- -- $ 12,000,000.00
Senior Floating
Rate Fund, Inc.
Xxxxxxx Xxxxx -- -- $ 3,000,000.00
Senior Floating
Rate Fund II, Inc.
Metropolitan Life -- -- $ 20,000,000.00
Insurance Company
Xxxxxx Xxxxxxx -- -- $ 20,000,000.00
Xxxx Xxxxxx Prime
Income Trust
North American -- -- $ 1,000,000.00
Senior Floating
Rate Fund
Northwoods -- -- $ 2,500,000.00
Capital, Limited
Oak Hill Securities -- -- $ 10,000,000.00
Fund, L.P.
Oak Hill Securities -- -- $ 5,000,000.00
Fund II, L.P.
ORIX USA -- -- $ 10,000,000.00
Corporation
Pilgrim Prime Rate -- -- $ 4,000,000.00
Trust
Simsbury CLO, -- -- $ 7,500,000.00
Limited
Xxx Xxxxxx Prime -- -- $ 24,000,000.00
Rate Income Trust
Xxx Xxxxxx -- -- $ 16,000,000.00
Senior Floating
Rate Fund
TOTAL: $ 13,535,714.79 $ 236,464,285.21 $ 300,000,000 $ 90,000,000 $ 160,000,000
SCHEDULE D
to
FIRST AMENDMENT
LENDER ADDRESSES
Bank Address
---- --------
The Chase Manhattan Bank 000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Bankers Trust Company 000 Xxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxxx Xxxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Deutsche Bank Securities Inc. 000 Xxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxx Xxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Bank of America, N.A. 0 Xxxx 00xx Xxxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxxxxx Xxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Credit Agricole Indosuez 000 Xxxxxxx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxx Xxxxxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
First Union National Bank 0000 Xxxxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
Attention: Xxxx Xxxxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
BankBoston, N.A. 000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attention: Xxxxx Xxxxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
AG Capital Funding Partners, L.P. 000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Avalon Capital Ltd. 0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000-0000
Attention: Xxxxxxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Boeing Capital Corporation 000 Xxxxxxxx Xxxx., 0xx Xxxxx
Xxxx Xxxxx, XX 00000
Attention: Xxxxx Xxxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Bavaria TRR Corporation 000 Xxxx 00xx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
First Source Financial LLP 0000 Xxxx Xxxx Xxxx
0xx Xxxxx
Xxxxxxx Xxxxxxx, XX 00000
Attention: Xxx Xxxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Floating Rate Portfolio 0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000-0000
Attention: Xxxxxxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Franklin Floating Rate Trust 000 Xxxxxxxx Xxxxxx Xxxxxxxxx, 0xx Xxxxx
Xxx Xxxxx, XX 00000
Attention: Xxxxxxx Xxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Maplewood (Cayman) Limited 0000 Xxxxx Xxxxxx, XX-X000
Xxxxxxxxxxx, XX 00000
Attention: Xxxx Xxx XxXxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Massachusetts Mutual Life Insurance Company 0000 Xxxxx Xxxxxx, XX-X000
Xxxxxxxxxxx, XX 00000
Attention: Xxxx Xxx XxXxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
MassMutual High Yield Partners II, LLC 0000 Xxxxx Xxxxxx, XX-X000
Xxxxxxxxxxx, XX 00000
Attention: Xxxx Xxx XxXxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Xxxxxxx Xxxxx Senior Floating Rate Fund, Inc. 000 Xxxxxxxx Xxxx Xxxx
Xxxxxxxxxx, XX 00000
Attention: Xxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Xxxxxxx Xxxxx Senior Floating Rate Fund II, Inc. 000 Xxxxxxxx Xxxx Xxxx
Xxxxxxxxxx, XX 00000
Attention: Xxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Metropolitan Life Insurance Company 000 Xxxxxxx Xxxxxx
Xxxxxxx Xxxxxxx, XX 00000
Attention: Xxx Xxxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-000-0000
Xxxxxx Xxxxxxx Xxxx Xxxxxx Prime Income Trust 0 Xxxxx Xxxxx Xxxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxx Xxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
North American Senior Floating Rate Fund 000 Xxxx Xxxxxx
Xxxxxx, XX 00000
Attention: Xxxxxxx Xxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Northwoods Capital, Limited 000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Oak Hill Securities Fund, L.P. 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxx Xxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Oak Hill Securities Fund II, L.P. 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxx Xxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
ORIX USA Corporation 0000 Xxxxxx xx xxx Xxxxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000-0000
Attention: Xxxxxxxx Xxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Pilgrim Prime Rate Trust Two Renaissance Square
00 Xxxxx Xxxxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, XX 00000-0000
Attention: Xxxxxxx XxXxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Simsbury CLO, Limited 0000 Xxxxx Xxxxxx, XX-X000
Xxxxxxxxxxx, XX 00000
Attention: Xxxx Xxx XxXxxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Xxx Xxxxxx Prime Rate Income Trust Xxx Xxxxxxxx Xxxxx
0xx Xxxxx
Xxxxxxxx Xxxxxxx, XX 00000-0000
Attention: Xxxxxx Xxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Xxx Xxxxxx Senior Floating Rate Fund One Parkview Plaza
0xx Xxxxx
Xxxxxxxx Xxxxxxx, XX 00000-0000
Attention: Xxxxxx Xxxxx
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
