CREDIT AGREEMENT dated as of June 30, 2011 among DYNAMICS RESEARCH CORPORATION, the Borrower, BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, and THE OTHER LENDERS PARTY HERETO SUNTRUST BANK and PNC BANK, NATIONAL...Credit Agreement • July 7th, 2011 • Dynamics Research Corp • Services-computer integrated systems design • New York
This CREDIT AGREEMENT (“Agreement”) is entered into as of June 30, 2011 among DYNAMICS RESEARCH CORPORATION, a Massachusetts corporation (the “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and, individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.
ContractSenior Subordinated Loan Agreement • July 7th, 2011 • Dynamics Research Corp • Services-computer integrated systems design • New York
This agreement and the rights and obligations evidenced hereby are subordinate in the manner and to the extent set forth in that certain Subordination and Intercreditor Agreement (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms thereof, the “Subordination Agreement”) dated as of June 30, 2011 among Ares Mezzanine Partners, L.P., the other Subordinated Creditors party thereto from time to time, Dynamics Research Corporation, a Massachusetts corporation (“Borrower”), certain subsidiaries of the Borrower party thereto and Bank of America, N.A., as administrative agent (“Administrative Agent”), to the indebtedness (including interest) owed by the Borrower pursuant to that certain Credit Agreement dated as of June 30, 2011 by and among the Borrower, the Administrative Agent and the lenders from time to time party thereto (the “Credit Agreement”), as such Credit Agreement and the other loan documents thereunder (subject to t
COLLATERAL AGREEMENTCollateral Agreement • July 7th, 2011 • Dynamics Research Corp • Services-computer integrated systems design • New York
THIS COLLATERAL AGREEMENT (as amended, restated, extended, supplemented or otherwise modified from time to time, this “Agreement”) is entered into as of June 30, 2011 among DYNAMICS RESEARCH CORPORATION, a Massachusetts corporation (the “Borrower”), CERTAIN SUBSIDIARIES OF THE BORROWER IDENTIFIED AS “GRANTORS” ON THE SIGNATURE PAGES HERETO and EACH ADDITIONAL GRANTOR that may become a Grantor hereunder after the date hereof (such Subsidiaries, such Additional Grantors and the Borrower, individually, a “Grantor”, and collectively, the “Grantors”) and BANK OF AMERICA, N.A., in its capacity as administrative agent (in such capacity, the “Administrative Agent”) for the Secured Parties (as defined in the Credit Agreement identified below).
