REGISTRATION RIGHTS AGREEMENT Dated as of September 30, 2004 Among US LEC CORP. and THE GUARANTORS NAMED HEREIN as Issuers, and DEUTSCHE BANK SECURITIES INC., and LIBERTAS PARTNERS, LLC as Initial Purchasers Second Priority Senior Secured Floating...Registration Rights Agreement • October 6th, 2004 • Us Lec Corp • Telephone communications (no radiotelephone) • New York
This Agreement is entered into in connection with the Purchase Agreement by and among the Company, the Guarantors and the Initial Purchasers, dated as of September 23, 2004 (the “Purchase Agreement”), which provides for, among other things, the sale by the Company to the Initial Purchasers of $150,000,000 aggregate principal amount of the Company’s Second Priority Senior Secured Floating Rate Notes due 2009 (the “Notes”) guaranteed by the Guarantors (the “Guarantees”). The Notes and the Guarantees are collectively referenced to herein as the “Securities”. In order to induce the Initial Purchasers to enter into the Purchase Agreement, the Issuers have agreed to provide the registration rights set forth in this Agreement for the benefit of the Initial Purchasers and any subsequent holder or holders of the Securities. The execution and delivery of this Agreement is a condition to the Initial Purchasers’ obligation to purchase the Securities under the Purchase Agreement.
SECURITY AGREEMENT by US LEC CORP., and THE GUARANTORS PARTY HERETO and US BANK NATIONAL ASSOCIATION, as TrusteeSecurity Agreement • October 6th, 2004 • Us Lec Corp • Telephone communications (no radiotelephone)
SECURITY AGREEMENT, dated as of September 30, 2004 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, the “Agreement”), made by US LEC CORP., a Delaware corporation (the “Company”) and THE GUARANTORS LISTED ON THE SIGNATURE PAGES HERETO (the “Original Guarantors”) OR FROM TIME TO TIME PARTY HERETO BY EXECUTION OF A JOINDER AGREEMENT (the “Additional Guarantors,” and together with the Original Guarantors, the “Guarantors”), as pledgors, assignors and debtors (the Company, together with the Guarantors, in such capacities and together with any successors in such capacities, the “Pledgors,” and each, a “Pledgor”), in favor of U.S. BANK NATIONAL ASSOCIATION, a national banking organization, in its capacity as trustee (the “Trustee”) pursuant to the Indenture, dated as of the date hereof by and among the Company, the guarantors party thereto and the Trustee, acting for and on behalf of the holders (the “Noteholder
Trademark Security AgreementTrademark Security Agreement • October 6th, 2004 • Us Lec Corp • Telephone communications (no radiotelephone)
Trademark Security Agreement, dated as of September 30, 2004, by US LEC CORP., a Delaware corporation (the “Pledgor”), in favor of U.S. BANK NATIONAL ASSOCIATION, a national banking organization, in its capacity as trustee pursuant to the Indenture (in such capacity, the “Trustee”).
US LEC CORP. Second Priority Senior Secured Floating Rate Notes due 2009 PURCHASE AGREEMENTPurchase Agreement • October 6th, 2004 • Us Lec Corp • Telephone communications (no radiotelephone) • New York
