AMENDMENT NO. 16 TO CREDIT AGREEMENTCredit Agreement • April 5th, 2019 • Babcock & Wilcox Enterprises, Inc. • Heating equipment, except electric & warm air furnaces • New York
This CREDIT AGREEMENT is entered into as of May 11, 2015, among BABCOCK & WILCOX ENTERPRISES, INC., a Delaware corporation, as the borrower hereunder (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 an L/C Issuer.
Babcock & Wilcox Enterprises, Inc. Barberton, Ohio 44203Babcock & Wilcox Enterprises, Inc. • April 5th, 2019 • Heating equipment, except electric & warm air furnaces • Delaware
As part of Amendment No. 16 (the “Amendment”) to the Credit Agreement, dated as of May 11, 2015 (as amended and supplemented, the “Credit Agreement”), among Babcock & Wilcox Enterprises, Inc. (the “Company”), as the borrower, Bank of America, N.A., as administrative agent, and the other lenders party thereto, B. Riley FBR, Inc. (“B. Riley”) has agreed to extend $150,000,000 of Tranche A-3 Term Loans (as defined in the Amendment), on the terms and subject to the conditions set forth in the Amendment. In connection with the entry into the Amendment and the extension of the Tranche A-3 Term Loans, B. Riley, Vintage Capital Management LLC (“Vintage”) and the Company (each a “Party” and, together, the “Parties”) hereby agree as follows:
