FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENTCredit and Guaranty Agreement • March 26th, 2009 • Education Management LLC • Services-educational services • New York
THIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT (this “Amendment”) is dated as of March 23, 2009 and is entered into by and among EDUCATION MANAGEMENT LLC, a Delaware limited liability company (“Company”), EDUCATION MANAGEMENT HOLDINGS LLC, a Delaware limited liability company (“Holdings”), GOLDMAN SACHS LENDING PARTNERS LLC (“GSLP”), J.P. MORGAN SECURITIES INC. (“JPMorgan”) and BNP PARIBAS SECURITIES CORP. (“BNPP SC”), as auction managers (in such capacity, “Auction Managers”), BNP PARIBAS (“BNP”), as Administrative Agent and Issuing Bank and, for purposes of Section V hereof, the GUARANTORS listed on the signature papers hereto, and the LENDERS listed on the signature papers hereto, and is made with reference to that certain AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT dated as of February 13, 2007 (as amended through the date hereof, the “Credit Agreement”) by and among Company, Holdings, the Guarantors, the Designated Subsidiary Borrowers party ther
