Exhibit 10.1
FOURTH AMENDED AND RESTATED CREDIT
AND GUARANTY AGREEMENT
FOURTH AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT (this “Amended and Restated DIP Credit Agreement”), dated as of March 17, 2006 among UCA LLC, CENTURY CABLE HOLDINGS, LLC, CENTURY-TCI CALIFORNIA, L.P., OLYMPUS CABLE HOLDINGS, LLC, PARNASSOS, L.P., FRONTIERVISION OPERATING PARTNERS, L.P., ACC INVESTMENT HOLDINGS, INC., ARAHOVA COMMUNICATIONS, INC., and ADELPHIA CALIFORNIA CABLEVISION, LLC, as BORROWERS, the GUARANTORS listed on Annex B hereto, each of which (other than the Guarantors listed on Schedule 3.05 hereto) is a debtor and debtor-in-possession in a case pending under chapter 11 of the Bankruptcy Code, each of the FINANCIAL INSTITUTIONS from time to time party hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent, CITIGROUP GLOBAL MARKETS INC., as Syndication Agent, J.P. MORGAN SECURITIES INC. and CITIGROUP GLOBAL MARKETS INC., as Joint Bookrunners and Co-Lead Arrangers, CITICORP NORTH AMERICA, INC., as Collateral Agent, WACHOVIA BANK, N.A., as Co-Syndication Agent, and THE BANK OF NOVA SCOTIA, BANK OF AMERICA, N.A. and GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Documentation Agents.
W I T N E S S E T H :
WHEREAS, certain of the parties hereto have heretofore entered into that certain Third Amended and Restated Credit and Guaranty Agreement, dated as of February 25, 2005 (as amended and in effect immediately prior to the effectiveness of this Amended and Restated DIP Credit Agreement, the “Existing DIP Credit Agreement”); and
WHEREAS, the parties hereto desire to amend and restate the Existing DIP Credit Agreement in its entirety to read as set forth in the Existing DIP Credit Agreement with the amendments specified below.
NOW, THEREFORE, the parties hereto agree as follows:
Section 1. Amendment and Restatement of Existing DIP Credit Agreement. The parties hereto hereby agree that upon their execution and delivery of this Amended and Restated DIP Credit Agreement and subject to the other terms and conditions set forth herein, including the terms and conditions set forth in Section 30 hereof with respect to the effectiveness of this Amended and Restated DIP Credit Agreement, the Existing DIP Credit Agreement shall be amended and restated in its entirety and that from and after the Restatement Effective Date (as defined in Section 30 below), the terms and conditions set forth in the Existing DIP Credit Agreement, after giving effect to the amendments to the terms and conditions thereof that are set forth herein, which terms and conditions are incorporated by reference herein and form a part hereof, shall be
the terms and conditions of this Amended and Restated DIP Credit Agreement and shall be binding upon all parties hereto, subject to the terms hereof.
Section 2. Defined Terms; References. Unless otherwise specifically defined herein, each term used herein which is defined in the Existing DIP Credit Agreement has the meaning assigned to such term in the Existing DIP Credit Agreement. Each reference to “hereof”, “hereunder”, “herein” and “hereby” and each other similar reference and each reference to “this Agreement” and each other similar reference contained in the Existing DIP Credit Agreement shall, after the Restatement Effective Date, refer to this Amended and Restated DIP Credit Agreement.
Section 3. Certain New Definitions. (a) Section 1.01 of the Existing DIP Credit Agreement is hereby amended by adding the following definitions in alphabetical order to said Section 1.01:
“Cost Allocation Triggering Event” shall mean the delivery by the Parent to the Co-Lead Arrangers of a written notice certifying to the Co-Lead Arrangers that the Bankruptcy Court has entered an order approving a new methodology with respect to the allocation of certain costs and expenses, including, without limitation, high speed internet costs and expenses, workers’ compensation costs and expenses and reorganization costs and expenses, among the various Borrower Groups, provided that the Cost Allocation Triggering Event shall only be deemed to have occurred if the new methodology referred to herein is reasonably satisfactory to the Co-Lead Arrangers.
“First Amended and Restated Credit and Guaranty Agreement” shall have the meaning set forth in the Introductory Statement.
“Intercompany Funding Transactions” shall mean all or any portion of the following transactions:
(i) each Borrower listed on Schedule 1.01 hereto (such Borrowers being hereinafter collectively referred to as the “Participating Borrowers” and, each, a “Participating Borrower”) shall after the date of this Agreement, in one or more instances, (x) make a Borrowing in the form of a Loan in accordance with the terms set forth in this Agreement, (y) use available cash on hand of such Participating Borrower and/or the other Loan Parties in the Borrower Group of such Participating Borrower or (z) undertake a combination of clauses (x) and (y), in an amount (with respect to clauses (x), (y) and (z) in the aggregate) up to (1) with respect to loans to the Parent described in clause (ii) below, the amount set forth opposite the name of such Participating Borrower under the heading “Parent Loan Amount”
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in Schedule 1.01 attached hereto (collectively, the “Parent Loan Amounts”) and (2) from and after the occurrence of the Cost Allocation Triggering Event, with respect to loans to the Holding Company Guarantors described in clause (v) below, the amount set forth opposite the name of such Participating Borrower under the heading “HCG Loan Amount” in Schedule 1.01 attached hereto (collectively, the “HCG Loan Amounts”);
(ii) each Participating Borrower shall, in one or more instances as requested by the Parent, use all such Parent Loan Amounts to make a loan to the Parent (each, a “Parent Loan”), it being agreed that (A) from and after the effective date of each Parent Loan through but excluding the date that such Parent Loan is repaid by the Parent in full, such Parent Loan shall bear interest at the rate equal to the weighted average interest rate of the Loans made to such Participating Borrower under the terms of this Agreement with such weighted average interest rate being reset on a monthly basis (or, with respect to any Participating Borrower that does not have Loans outstanding under this Agreement, at a rate equal to the weighted average interest rate, reset on a monthly basis, applicable to the Parent Loans made by all Participating Borrowers that have Loans outstanding under this Agreement) and (B) notwithstanding any terms of this Agreement to the contrary, including without limitation Section 6.10(d) and Section 6.13 hereof, the aggregate principal amount of each Parent Loan, together with all accrued and unpaid interest thereon, shall not be repaid by the Parent until its Specified Payment Date;
(iii) the Parent, upon receipt of the proceeds from each Parent Loan, and in one or more instances, may loan (each, a “Seven A Loan”) up to $30,000,000 in the aggregate (with respect to all such Seven A Loans) to the Joint and Several Borrower, it being agreed that (A) notwithstanding any terms of this Agreement to the contrary, including without limitation Section 2.14 hereof (and any related definitions referenced therein), the receipt of such proceeds by the Joint and Several Borrower shall not constitute a Reduction Event for purposes of this Agreement, including Section 2.14 hereof, and, accordingly, neither the Joint and Several Borrower nor any other Loan Party in the Joint and Several Borrower Group shall be required to apply any such proceeds to repay any Indebtedness outstanding under this Agreement, (B) from and after the effective date of each such Seven A Loan through but excluding the date that such Seven A Loan is repaid by the Joint and Several Borrower in full, such Seven A Loan shall bear interest at the rate equal to the weighted average interest rate, reset on a monthly basis, of all Parent Loans that were made to the
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Parent the proceeds from which were used to make such Seven A Loan and (C) notwithstanding any terms of this Agreement to the contrary, including without limitation Section 6.10(d) and Section 6.13 hereof, the aggregate principal amount of each Seven A Loan, together with all accrued and unpaid interest thereon, shall not be repaid by the Joint and Several Borrower until its Specified Payment Date;
(iv) the Parent may use the proceeds of each Parent Loan (A) to make one or more loans to the Joint and Several Borrower, subject to the terms of clause (iii) immediately above and (B) for other general corporate purposes; and the Joint and Several Borrower may use the proceeds of each Seven A Loan to make capital expenditures for shared services and for other general corporate purposes;
(v) from and after the occurrence of the Cost Allocation Triggering Event, each Participating Borrower shall, in one or more instances, use its HCG Loan Amounts to make a loan to one or more Holding Company Guarantors (each, an “HCG Loan”), it being agreed that (A) from and after the effective date of each HCG Loan through but excluding the date that such HCG Loan is repaid by the applicable Holding Company Guarantor in full, such HCG Loan shall bear interest at the rate equal to the weighted average interest rate, reset on a monthly basis, of the Loans made to such Participating Borrower under the terms of this Agreement (or, with respect to any Participating Borrower that does not have Loans outstanding under this Agreement, at a rate equal to the weighted average interest rate, reset on a monthly basis, applicable to the HCG Loans made by all Participating Borrowers that have Loans outstanding under this Agreement) and (B) notwithstanding any terms of this Agreement to the contrary, including without limitation Section 6.10(d) and Section 6.13 hereof, the aggregate principal amount of each HCG Loan, together with all accrued and unpaid interest thereon, shall not be repaid by the applicable Holding Company Guarantor until its Specified Payment Date; and
(vi) each Holding Company Guarantor shall use the proceeds from each HCG Loan to make payments to Loan Parties in certain Borrower Groups in accordance with the new cost allocation methodology and Bankruptcy Court order referred to in the definition of “Cost Allocation Triggering Event”.
“New DIP Budget” shall mean with respect to the Parent and each Borrower Group, the budget covering the period from January 1, 2006 through December 31, 2006, in form and substance reasonably satisfactory to the Co-Lead Arrangers, that was delivered by the Loan Parties to the
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DIP Lenders in connection with the consummation of the transactions contemplated by this Agreement.
“Prior DIP Budget” shall mean with respect to the Parent and each Borrower Group, the budget covering the period from January 1, 2005 through March 31, 2006, that was delivered by the Loan Parties to the DIP Lenders in connection with the consummation of the transactions contemplated by the Existing Credit and Guaranty Agreement.
“Specified Funding Transaction” shall have the meaning set forth in Amendment No. 13 to the First Amended and Restated Credit and Guaranty Agreement.
“Specified Payment Date” shall mean with respect to any Loan Party, the earlier of (i) the effective date of such Loan Party’s plan of reorganization under chapter 11 of the Bankruptcy Code and (ii) the date on which such Loan Party’s Case is dismissed or converted to a case under chapter 7 of the Bankruptcy Code.
(b) The Existing DIP Credit Agreement is hereby amended by adding the schedule attached hereto as Schedule 1.01 as Schedule 1.01 thereto.
Section 4. Certain Amended and Restated Definitions. (a) Section 1.01 of the Existing DIP Credit Agreement is hereby amended by amending and restating the following definitions in their entirety as follows:
“Agreement” shall mean this Fourth Amended and Restated Credit and Guaranty Agreement, dated as of March 17, 2006, as the same may from time to time be further amended, modified or supplemented.
“Applicable L/C Fee Rate” shall mean a rate per annum equal to 2.00%.
“Applicable Margin” shall mean, on any date, (i) with respect to any Eurodollar Loan, a rate per annum equal to 2.00%, and (ii) with respect to any ABR Loan, a rate per annum equal to 1.00%.
“Borrowing Limit” shall mean, at any time, (i) prior to the occurrence of the Cost Allocation Triggering Event, and with respect to any Borrower, the amount set forth opposite the applicable Borrower’s name under the heading “Initial Borrowing Limits” in Part I of Annex E attached hereto and (ii) from and after the occurrence of the Cost Allocation Triggering Event, and with respect to any Borrower, the amount set forth opposite the applicable Borrower’s name under the heading “Final Borrowing Limits” in Part I of Annex E attached hereto (net of any reductions made to its “Initial Borrowing Limit” pursuant to Section 2.14 following the date hereof and prior to the occurrence of the
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Cost Allocation Triggering Event), in each case as reduced from time to time pursuant to Sections 2.11 and 2.14 or as amended from time to time in accordance with Section 10.10 below pursuant to an amendment entered into by the Loan Parties and the requisite DIP Lenders. The DIP Lenders and the Agents hereby acknowledge and agree that the change in the Borrowing Limits of the applicable Borrower contemplated hereby upon the occurrence of the Cost Triggering Event shall occur automatically once the requirements set forth in the definition of Cost Allocation Triggering Event have been satisfied, and that the change in such Borrowing Limits shall not be deemed an amendment to this Agreement and shall not require the consent or approval of the DIP Lenders or any Agent hereunder, notwithstanding any term contained herein to the contrary, it being understood and agreed that any other change in the Borrowing Limits (other than those expressly contemplated in Part I of Annex E hereto upon the occurrence of the Cost Allocation Triggering Event and those otherwise permitted under the terms of this Agreement) shall require the consent of the requisite DIP Lenders on the terms set forth herein. Notwithstanding anything contained herein to the contrary, in no event, including upon the occurrence of the Cost Allocation Triggering Event, shall (A) the Borrowing Limit of a Borrower hereunder be reduced to an amount below the then Outstanding Exposure of the Borrower Group of such Borrower or (B) the Borrowing Limit of a Borrower hereunder be reduced to an amount that would cause the Letter of Credit Outstandings of such Borrower to exceed such Borrower’s Letter of Credit Sublimit.
“Current SEC Reports” means each periodic or current report filed by the Parent with the United States Securities and Exchange Commission on or after March 28, 2002 and prior to the Closing Date, including, without limitation, the Parent’s Annual Report on Form 10-K for the fiscal year ended December 31, 2004, which was filed by the Parent with the United States Securities and Exchange Commission on October 5, 2005.
“Intellectual Property Schedule” shall have the meaning set forth in Section 3.12.
“Letter of Credit Sublimit” shall mean, at any time, with respect to any Borrower, the lesser of (i) the amount set forth opposite the applicable Borrower’s name in Annex F attached hereto and (ii) such Borrower’s Borrowing Limit at such time.
“Maturity Date” shall mean August 7, 2006; provided, that if the transactions contemplated by each of (a) that certain Asset Purchase Agreement, dated as of April 20, 2005, by and between the Parent and Time Warner NY Cable LLC and (b) that certain Asset Purchase Agreement, dated as of April 20, 2005, by and between the Parent and
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Comcast Corporation, shall not have been consummated on or before August 7, 2006 due solely to the fact that any governmental approvals in respect of antitrust matters have not been obtained (or, if previously obtained, have been revoked) on or prior to such date, upon receipt by the Co-Lead Arrangers of written notice from the Parent that all such transactions have not been (or will not be) consummated on or prior to such date due to the limited reason set forth immediately above, the Maturity Date shall be extended to November 7, 2006; provided, further, that the DIP Lenders and the Agents hereby acknowledge and agree that (a) the change of the Maturity Date contemplated by the foregoing proviso shall occur automatically upon the delivery by the Parent to the Co-Lead Arrangers of such written notice and (b) such change in the Maturity Date shall not be deemed an amendment to this Agreement and shall not require the consent or approval of the DIP Lenders or any Agent hereunder, notwithstanding any term contained herein to the contrary, it being understood and agreed that any other change in the Maturity Date (other than as expressly contemplated by the foregoing proviso) shall require the consent of the requisite DIP Lenders on the terms set forth herein.
(b) Part I of Annex E to the Existing DIP Credit Agreement is hereby replaced in its entirety by Part I of Annex E attached hereto.
(c) Annex F to the Existing DIP Credit Agreement is hereby deleted in its entirety and replaced with Annex F attached hereto.
Section 5. Certain Amended Definitions. (a) Capital Expenditures. The definition of “Capital Expenditures” in Section 1.01 of the Existing DIP Credit Agreement is hereby amended by changing the aggregate amount of Shared Capital Expenditures that may be incurred by any Loan Party in the Joint and Several Borrower Group for the period starting on May 1, 2003 and ending on the Maturity Date, which amount is set forth in clause (ii) of such definition, from “$200,000,000” to “$230,000,000”.
(b) EBITDA. The definition of “EBITDA” set forth in Section 1.01 of the Existing DIP Credit Agreement is hereby amended by (a) deleting the word “and” at the end of clause (H) thereof and replacing it with a comma and (b) inserting the word “and” and the following new clause (J) at the end of clause (I) thereof:
“(J) the aggregate amount of any write-down, write-off or other non-cash charge recorded or loss incurred by any Loan Party in the Joint and Several Borrower Group during such period with respect to the investment of any such Loan Party in Adelphia Connection Ltda, Adelphia Brasil Ltda, Adelphia Comunicacoes S A and/or STV Comunicacoes S A, provided, that the amount of any such write-down, write-off, non-cash charge or loss so recorded or incurred does not exceed $5,000,000 in the aggregate,”.
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(c) EBITDAR. The definition of “EBITDAR” set forth in Section 1.01 of the Existing DIP Credit Agreement is hereby amended by (a) deleting the word “and” at the end of clause (L) thereof and replacing it with a comma and (b) inserting the word “and” and the following new clause (N) at the end of clause (M) thereof:
“(N) with respect to the Joint and Several Borrower Group only, the aggregate amount of any write-down, write-off or other non-cash charge recorded or loss incurred by any Loan Party in such Borrower Group during such period with respect to the investment of any such Loan Party in Adelphia Connection Ltda, Adelphia Brasil Ltda, Adelphia Comunicacoes S A and/or STV Comunicacoes S A, provided that the amount of any such write-down, write-off, non-cash charge or loss so recorded or incurred does not exceed $5,000,000 in the aggregate,”.
(d) Guaranteed Obligations. The definition of “Guaranteed Obligations” set forth in Section 1.01 of the Existing DIP Credit Agreement is hereby amended by deleting clause (iii) thereof in its entirety.
(e) Guarantor. The definition of “Guarantor” set forth in Section 1.01 of the Existing DIP Credit Agreement is hereby amended by deleting the words “each SPV Guarantor” contained therein.
(f) Reduction Event. The definition of “Reduction Event” set forth in Section 1.01 of the Existing DIP Credit Agreement is hereby amended by deleting (i) the proviso contained in the first sentence of such definition and (ii) the second sentence of such definition, in each case, in their entirety.
Section 6. Deletion of Certain Defined Terms; Related Matters. (a) The defined terms “Allocation Order,” “First Delivery Date,” “Holding SPV,” “Incremental Availability Date,” “Initial DIP Lenders,” “Initial Majority DIP Lenders,” “Long-Term Budget,” “Monthly Budget,” “Qualifying SPV,” “Real Property Proceeds Account,” “Rigas Real Property,” “SPV,” “SPV Guarantee” and “SPV Guarantor” set forth in Section 1.01 of the Existing DIP Credit Agreement are each hereby deleted in their entirety.
(b) Exhibit G to the Existing DIP Credit Agreement is hereby deleted in its entirety.
Section 7. Amendment to Section 2.04(d) of the Existing DIP Credit Agreement; Acknowledgment. Section 2.04(d) of the Existing DIP Credit Agreement is hereby amended and restated to read in its entirety as follows:
“No Letter of Credit shall expire later than (x) October 8, 2006 if the Maturity Date is August 7, 2006 or (y) January 7, 2007 if the Maturity Date has been extended to November 7, 2006 pursuant to the definition thereof; provided that if any Letter of Credit issued for the account of such
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Borrower shall be outstanding on the Termination Date applicable to such Borrower, such Borrower shall, at or prior to the Termination Date, (i) cause all Letters of Credit of such Borrower which expire after the Termination Date for such Borrower to be returned to the Fronting Bank undrawn and marked “cancelled” or (ii) if such Borrower is unable or elects not to do so in whole or in part, either (A) provide a “back-to-back” letter(s) of credit to the applicable Fronting Bank in form and substance reasonably satisfactory to such Fronting Bank and the Administrative Agent, issued by a bank reasonably satisfactory to such Fronting Bank and the Administrative Agent, and in an amount equal to at least 110% of the then undrawn stated amount of all Letters of Credit of such Borrower issued by such Fronting Bank that are to remain outstanding following the Termination Date of such Borrower in accordance with the terms hereof and/or (B) deposit cash in an account maintained by or, if necessary opened by, such Borrower with the applicable Fronting Bank in an amount equal to 110% of the then undrawn stated amount of all outstanding Letters of Credit of such Borrower issued by such Fronting Bank that are to remain outstanding following the Termination Date of such Borrower in accordance with the terms hereof, in each case, to serve as collateral security for such Borrower’s Reimbursement Obligations under all such Letters of Credit, it being understood and agreed that such “back-to-back” letter(s) of credit shall be returned undrawn and marked “cancelled” and/or such cash shall be remitted to such Borrower, in each case, upon the expiration, cancellation or other termination or satisfaction of such Reimbursement Obligations and the other Obligations of such Borrower with respect to such Letters of Credit (other than contingent indemnification obligations in respect of which no claims giving rise thereto have been asserted). With respect to each Letter of Credit issued for the account of a Borrower that remains outstanding after the Termination Date applicable to such Borrower, (1) and notwithstanding any terms of this Agreement and the other Loan Documents to the contrary, including, without limitation, Sections 2.04(g), 2.04(h) and 2.04(i), so long as the applicable Borrower is in compliance with the requirement set forth in the proviso to the preceding sentence regarding such Letter of Credit, no DIP Lender other than the applicable Fronting Bank shall have any rights or obligations (including without limitation, any participation right or obligation) with respect to draws made under such Letter of Credit after such Termination Date and (2) and subject to clause (1) above, the other terms and conditions set forth in this Agreement which are applicable to such Letter of Credit shall remain in full force and effect until the expiration, cancellation or other termination or satisfaction of the Reimbursement Obligations and other Obligations of the applicable Borrower with respect to such Letter of Credit (other than contingent indemnification obligations in respect of which no claims giving rise thereto have been asserted).”
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Section 8. Deletion of Section 2.31 of the Existing DIP Credit Agreement. The Existing DIP Credit Agreement is hereby amended by deleting Section 2.31 thereof in its entirety.
Section 9. Amendment to Section 3.04(b) of the Existing DIP Credit Agreement. Section 3.04(b) of the Existing DIP Credit Agreement is hereby amended by (a) deleting the reference to “December 31, 2003” set forth therein and replacing such reference with “December 31, 2004” and (b) replacing the words “the Initial DIP Lenders” contained in clause (x) thereof with the words “the DIP Lenders”.
Section 10. Amendment to Section 3.05(c) of the Existing DIP Credit Agreement. Section 3.05(c) of the Existing DIP Credit Agreement is hereby amended and restated to read in its entirety as follows:
“(c) Except for the entities set forth on Schedule 3.05 (the “Non-Filed Holding Company Guarantors”), each Loan Party is a debtor and a debtor-in-possession in a case pending under chapter 11 of the Bankruptcy Code. Each Non-Filed Holding Company Guarantor (i) only holds assets not used in the business of the Loan Parties and only has liabilities associated with such assets and (ii) to the extent it holds real property assets having a fair market value in excess of $50,000, as determined in good faith by the Parent, has executed a deed of trust, mortgage or other security document reasonably requested by the Collateral Agent that provides to the Collateral Agent, for the ratable benefit of the Agents, the Fronting Banks and the DIP Lenders, a perfected first priority Lien on such assets (subject only to such Liens as shall exist on the date of execution of such document and tax and other Liens arising by operation of law).”
Section 11. Amendment to Section 3.12 of the Existing DIP Credit Agreement. (a) Section 3.12 of the Existing DIP Credit Agreement is hereby amended by (i) replacing the words “the Intellectual Property Schedule” contained in the first sentence thereof with the words “Schedule 3.12 (the “Intellectual Property Schedule”)” and (ii) deleting any and all references therein to “March 31, 2005” and replacing such deleted references with “February 28, 2006”.
(b) The Intellectual Property Schedule to the Existing DIP Credit Agreement is hereby deleted in its entirety and replaced with the Intellectual Property Schedule attached hereto as Schedule 3.12.
Section 12. Amendment to Section 3.13 of the Existing DIP Credit Agreement. (a) Section 3.13 of the Existing DIP Credit Agreement is hereby amended by deleting any and all references therein to “March 31, 2005” and replacing such deleted references with “February 28, 2006”.
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(b) Schedule 3.13 to the Existing DIP Credit Agreement is hereby deleted in its entirety and replaced with Schedule 3.13 attached hereto.
Section 13. Amendments to Section 4.03 of the Existing DIP Credit Agreement. (a) Section 4.03(d) of the Existing DIP Credit Agreement is hereby amended by deleting the last sentence thereof in its entirety and replacing such last sentence with the following sentence:
“An order of the Bankruptcy Court approving the Fourth Amended and Restated Credit and Guaranty Agreement, dated as of March 17, 2006, among the Loan Parties and the lenders and agents party thereto, in substantially the form of Exhibit G (the “Extension Order”) and reasonably acceptable to the Co-Lead Arrangers, shall be in full force and effect, and shall not have been stayed, reversed, modified or amended in any respect without the prior written consent of the Co-Lead Arrangers; and if the Extension Order is the subject of a pending appeal in any respect, neither the occurrence of any Credit Event nor the performance by any Loan Party of any of their respective obligations under any of the Loan Documents shall be the subject of a presently effective stay pending appeal.”.
(b) Section 4.03(i) of the Existing DIP Credit Agreement is hereby amended by deleting the following language contained therein: “(i) substantially consistent with the Monthly Budget of the relevant Borrower applicable to the calendar month in which such Credit Event occurs and (ii)”.
(c) Exhibit H to the Existing DIP Credit Agreement is hereby deleted in its entirety and replaced with Exhibit G attached hereto.
Section 14. Amendment to Section 4.04 of the Existing Dip Credit Agreement. Section 4.04 of the Existing DIP Credit Agreement and any related definitions that are used solely in such Section are hereby deleted in their entirety.
Section 15. Amendments to Section 5.01 of the Existing DIP Credit Agreement. (a) Section 5.01(a) of the Existing DIP Credit Agreement is hereby amended by replacing the parenthetical phrase “(but, in the case of the 2004 fiscal year, (1) with respect to the financial statements required to be delivered pursuant to clause (x) immediately below, no later than October 31, 2005, and (2) with respect to the financial statements required to be delivered pursuant to clause (y) immediately below, no later than November 30, 2005),” with the following parenthetical phrase:
“(but, in the case of the 2005 fiscal year, (1) with respect to the financial statements required to be delivered pursuant to clause (x) immediately below, no later than April 30, 2006, and (2) with respect to
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the financial statements required to be delivered pursuant to clause (y) immediately below, no later than May 31, 2006),”.
(b) Section 5.01(a) of the Existing DIP Credit Agreement is hereby further amended by deleting clause (bb) thereof in its entirety and replacing such deleted clause with the following:
“(bb) the matters described under the sections entitled “Risk Factors” and “Legal Proceedings” in the Parent’s Annual Report on Form 10-K for the fiscal year ended December 31, 2004, which was filed with the SEC on October 6, 2005 (the matters referred to in clauses (aa) and (bb) above are hereinafter referred to as the “Permitted Qualifications”)”.
(c) Section 5.01(c) of the Existing DIP Credit Agreement is hereby amended by deleting clause (D) thereof in its entirety and replacing such deleted clause with the following:
“(D) setting forth in reasonable detail a reconciliation of the financial results of such Borrower Group or the Parent Group, as the case may be, set forth in such financial statements with the projected financial results for relevant period set forth in (1) in the case of any financial statements delivered pursuant to Section 5.01(a) above with respect to the fiscal year of the Parent or the applicable Borrower Group or Borrower Groups ended December 31, 2005, the Prior DIP Budget, and (2) in the case of any financial statements delivered pursuant to Section 5.01(b) above with respect to the Parent or any Borrower Group, the New DIP Budget;”.
(d) Section 5.01(k) of the Existing DIP Credit Agreement is hereby deleted in its entirety and, in replace thereof, the words “Intentionally Omitted” shall be included in said Section 5.01(k).
(e) Section 5.01(l) of the Existing DIP Credit Agreement is hereby amended and restated to read in its entirety as follows:
“(l) from time to time, upon request by the Co-Lead Arrangers, with respect to any Borrower or the Parent, an updated New DIP Budget;”.
(f) Section 5.01(m) of the Existing DIP Credit Agreement is hereby amended and restated to read in its entirety as follows:
“(m) with respect to each calendar month ending after the Closing Date, on or prior to the fifth Business Day following the last Friday of the preceding month, from each Borrower, a statement of projected cash receipts and cash disbursements with respect to such Borrower’s Borrower Group for each week in the period of thirteen continuous weeks
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commencing with the week in which such statement is delivered, in form and substance acceptable to the Co-Lead Arrangers;”.
(g) Section 5.01(p) of the Existing DIP Credit Agreement is hereby deleted in its entirety and, in replace thereof, the words “Intentionally Omitted” shall be included in said Section 5.01(p).
Section 16. Amendment to Section 5.07 of the Existing DIP Credit Agreement. Section 5.07 of the Existing DIP Credit Agreement is hereby amended by deleting the words “(the “Intellectual Property Schedule”)” contained in clause (iii) thereof.
Section 17. Deletion of Section 5.15 of the Existing DIP Credit Agreement. Section 5.15 of the Existing DIP Credit Agreement is hereby deleted in its entirety.
Section 18. Amendments to Section 6.04 of the Existing DIP Credit Agreement. (a) Section 6.04(b) of the Existing DIP Credit Agreement is hereby amended by (i) replacing the words “ending on or after the Covenant Addendum Date” contained in the third line thereof with the words “commencing on or after January 1, 2006” and (ii) deleting the words “with respect to any period commencing on or after May 1, 2003,” and “(after giving effect to Amendment No. 8 hereto)”, in each case contained in the second proviso thereto.
(b) Section 6.04(c) of the Existing DIP Credit Agreement is hereby amended by replacing the words “ending on or after the Covenant Addendum Date” contained in the second and third lines thereof with the words “commencing on or after January 1, 2006”.
(c) Section 6.04(d) of the Existing DIP Credit Agreement is hereby amended by deleting the words “Except for the two-month period ending on June 30, 2003,” contained therein.
(d) Part II of Annex E to the Existing DIP Credit Agreement is hereby replaced in its entirety by Part II of Annex E attached hereto.
Section 19. Amendments to Section 6.05 of the Existing DIP Credit Agreement. (a) Section 6.05(a) of the Existing DIP Credit Agreement is hereby amended by deleting the reference to “May 1, 2003” set forth therein and replacing such reference with “January 1, 2006”.
(b) Section 6.05(b) of the Existing DIP Credit Agreement is hereby amended by deleting the reference to “May 1, 2003” set forth therein and replacing such reference with “January 1, 2006”.
Section 20. Amendments to Section 6.10 of the Existing DIP Credit Agreement. (a) Section 6.10(a) of the Existing DIP Credit Agreement is
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hereby amended by deleting all of the language contained in clause (x) thereof in its entirety and replacing such deleted language with the phrase “Intentionally Omitted.”
(b) The definition of “Permitted Inter-Group Debt” set forth in Section 6.10(b) of the Existing DIP Credit Agreement is hereby amended and restated in its entirety to read as follows:
“Permitted Inter-Group Debt” means (i) any intercompany debt permitted to be incurred by any Loan Party pursuant to clauses (iii) or (iv) above and (ii) any Specified Inter-Group Reimbursement Obligation, provided, however, that any intercompany debt incurred by a Loan Party that arises out of (a) the Specified Funding Transaction or (b) the Intercompany Funding Transactions shall not be deemed Permitted Inter-Group Debt for purposes of this Agreement and the other Loan Documents.
(c) Section 6.10 of the Existing DIP Credit Agreement is hereby amended by adding the following new sub-section (e) at the end thereof:
“(e) Notwithstanding anything to the contrary contained in this Agreement or Amendment No. 13 to the First Amended and Restated Credit and Guaranty Agreement (“Amendment No. 13”), each Participating Borrower Loan (as defined in Amendment No. 13) arising out of the Specified Funding Transaction shall bear interest from and after the date hereof at the rate equal to the weighted average interest rate, reset on a monthly basis, of the Loans made to the applicable Participating Borrower (as defined in Amendment No. 13) under the terms of this Agreement (or, with respect to any Participating Borrower that does not have Loans outstanding under this Agreement, at a rate equal to the weighted average interest rate, reset on a monthly basis, applicable to the Participating Borrower Loans made by all Participating Borrowers that have Loans outstanding under this Agreement).”
Section 21. Amendments to Section 7.01 of the Existing DIP Credit Agreement. (a) Section 7.01(c) of the Existing DIP Credit Agreement is hereby amended by deleting the words “or any covenant contained in any SPV Guarantee” contained therein.
(b) Section 7.01(l) of the Existing DIP Credit Agreement is hereby amended by (i) renaming clause (x) thereof as clause (xi) and (ii) adding the following new clause (x) at the end of clause (ix) thereof:
“, (x) any Pre-Petition Payment by a Forfeited Entity to the extent that such Pre-Petition Payment is made to a vendor or similar supplier with respect to services or products rendered or provided, as applicable, to
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such Forfeited Entity by such vendor or other supplier in the ordinary course of business prior to the Petition Date of such Forfeited Entity”.
Section 22. Amendment to Section 10.10(a) of the Existing DIP Credit Agreement. Section 10.10(a) of the Existing DIP Credit Agreement is hereby amended by (a) deleting clauses (3)(C) and (4) of the proviso thereto and (b) deleting the last sentence thereof in its entirety.
Section 23. Deletion of Section 10.17 of the Existing DIP Credit Agreement; Related Matters. (a) Section 10.17 of the Existing DIP Credit Agreement is hereby deleted in its entirety.
(b) The Loan Parties, the DIP Lenders and the Agents hereby acknowledge and agree that upon the Restatement Effective Date, (i) each Qualifying SPV shall become a Holding Company Guarantor under the terms of this Amended and Restated DIP Credit Agreement, the Amended and Restated Security and Pledge Agreement and the other Loan Documents and shall have all of the rights and be subject to all of the obligations of a Holding Company Guarantor hereunder and thereunder, (ii) any and all guarantee agreements (other than any such agreement set forth in this Amended and Restated DIP Credit Agreement) previously executed and delivered by any Qualifying SPV in favor of the DIP Lenders with respect to the Obligations shall terminate and shall cease to be of any further force or effect and (iii) the Collateral Agent shall pay to the Parent or any other Holding Company Guarantor specified by the Parent all amounts on deposit in any Real Property Proceeds Account on the Restatement Effective Date (and the aggregate amount of all amounts on deposit in any Real Property Proceeds Account on the Restatement Effective Date is set forth in Schedule 23-1 hereto).
Section 24. Release of Amounts from Letter of Credit Accounts. On the Restatement Effective Date, the Collateral Agent hereby agrees to pay to each Borrower whose name is set forth on Schedule 24-1 hereto an aggregate amount in cash equal to the amount set forth opposite such Borrower’s name on said Schedule 24-1 hereto, with such amounts representing, and being limited to, the amount on deposit in the Letter of Credit Account of such Borrower on the Restatement Effective Date. Notwithstanding the foregoing, the Loan Parties hereby acknowledge and agree that, from and after the Restatement Effective Date, the terms and conditions contained in the Existing DIP Credit Agreement with respect to the cash collateralization of issued and outstanding Letters of Credit under certain circumstances, including, without limitation, the circumstances described in Section 2.14 of the Existing DIP Credit Agreement shall remain in full force and effect. Each DIP Lender and each Agent (other than the Collateral Agent) hereby acknowledges and agrees to the terms and conditions set forth in this Section 24.
Section 25. Certain Waivers With Respect to the Intercompany Funding Transactions. (a) Each DIP Lender hereby waives any Default or Event
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of Default arising under Section 2.14, Section 5.08(a), Section 6.03, Section 6.06, Section 6.09, Section 6.10, Section 6.13, Section 7.01(b), Section 7.01(c) or Section 7.01(d) of this Amended and Restated DIP Credit Agreement, whether any such Default or Event of Default relates to a Loan Party in the Seven A Borrower Group, a Holding Company Guarantor or any other Loan Party, solely to the extent that any such Default or Event of Default arises out of the Intercompany Funding Transactions or any portion thereof.
(b) In furtherance of the terms set forth in Section 25(a) above, each DIP Lender hereby acknowledges and agrees that neither the amount of the Parent Loans nor the amount of any Seven A Loan nor the amount of any HCG Loan (as each such term is defined in the definition of “Intercompany Funding Transactions”) shall count against or otherwise reduce the aggregate amount of Investments that the Loan Parties are permitted to make under the terms of Section 6.10(a) of this Amended and Restated Credit and Guaranty Agreement without obtaining the prior written consent of the Required DIP Lenders, provided that each such Parent Loan, Seven A Loan or HCG Loan is incurred in accordance with the terms hereof. Notwithstanding the foregoing, the waivers set forth in this Section 25 shall be conditioned upon and shall not become effective until the Loan Parties shall have received an order of the Bankruptcy Court approving the terms of the Intercompany Funding Transactions, which order shall also approve any proposed modifications to the terms of the Cash Management Protocol and, if required, the Cash Management Order, to permit the consummation of the Intercompany Funding Transactions, it being expressly understood and agreed that, to the extent the Bankruptcy Court does not issue such an order with respect to the Intercompany Funding Transactions, the waivers set forth in this Section 25 shall be null and void and of no further force or effect; provided, however, that if the Bankruptcy Court shall issue an order approving a portion of the Intercompany Funding Transactions, but not all of the transactions contemplated by the Intercompany Funding Transactions, the waivers set forth in this Section 25 shall be effective with respect to (and only with respect to) that portion of the Intercompany Funding Transactions that are so approved by the Bankruptcy Court.
Section 26. Acknowledgement of Existing Waivers. Each DIP Lender hereby acknowledges and agrees that any and all Existing Waivers (as herein defined) shall continue to remain in full force and effect on and after the Restatement Effective Date and shall be binding upon and be enforceable against all of the DIP Lenders hereunder. “Existing Waivers” means all written waivers (whether in respect of compliance with the terms of, Defaults or Events of Defaults under, or other matters pertaining to, the Existing DIP Credit Agreement) granted by the DIP Lenders under the terms of the Existing DIP Credit Agreement prior to the Restatement Effective Date.
Section 27. New DIP Lenders, Extending DIP Lenders and Exiting DIP Lenders. (a) With effect from and including the Restatement Effective Date, (i) each Person listed on the signature pages hereof that is not a
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party to the Existing DIP Credit Agreement (each, a “New DIP Lender”) shall become a DIP Lender on the terms and subject to the conditions set forth in this Amended and Restated DIP Credit Agreement, (ii) each Person who, immediately prior to the Restatement Effective Date, was a DIP Lender under the terms of the Existing DIP Credit Agreement, and whose name is set forth on the signature pages hereof (each, an “Extending DIP Lender”), shall continue to be a DIP Lender on the terms and subject to the conditions set forth in this Amended and Restated DIP Credit Agreement and (iii) each Person who, immediately prior to the Restatement Effective Date, was a DIP Lender under the terms of the Existing DIP Credit Agreement, but whose name is not set forth on the signature pages hereof (each, an “Exiting DIP Lender”; the Exiting DIP Lenders and the Extending DIP Lenders are collectively referred to as the “Old DIP Lenders”), shall, subject to the terms hereof, cease to be a DIP Lender and shall not be a party to, or otherwise have any rights or be subject to any obligations under, this Amended and Restated DIP Credit Agreement.
(b) On the Restatement Effective Date, (i) Annex A to the Existing DIP Credit Agreement shall be replaced in its entirety by Annex A attached hereto, with the Tranche A Commitment of each Extending DIP Lender and each New DIP Lender whose name is set forth on said Annex A attached hereto being the amount set forth opposite the name of such Tranche A DIP Lender thereon, (ii) Annex D to the Existing DIP Credit Agreement shall be replaced in its entirety by Annex D attached hereto, with the Tranche B Commitment of each Extending DIP Lender and each New DIP Lender whose name is set forth on said Annex D attached hereto being the amount set forth opposite the name of such Tranche B DIP Lender thereon, subject in the case of clauses (i) and (ii) immediately above, to the reduction of the Tranche A Commitments of the Tranche A DIP Lenders and/or the reduction of the Tranche B Commitments of the Tranche B DIP Lenders in accordance with and subject to the terms of this Amended and Restated DIP Credit Agreement and (iii) the Tranche A Commitment and the Tranche B Commitment of each Exiting DIP Lender shall be $0. From and after the Restatement Effective Date, each Extending DIP Lender and each New DIP Lender that has a Tranche A Commitment in excess of $0 as set forth on Annex A attached hereto, shall from time to time fund Loans and participate in Letters of Credit (including the funding of Loans and the participations in Letters of Credit contemplated by Sections 27(c) and 27(d) below) on the terms and subject to the conditions set forth in this Amended and Restated DIP Credit Agreement, including that the conditions to borrowing under this Amended and Restated DIP Credit Agreement are met on the date of such Borrowing. On the Restatement Effective Date, each Extending DIP Lender and each New DIP Lender that has a Tranche B Commitment in excess of $0 as set forth on Annex D attached hereto shall make the Tranche B Loans contemplated by Section 2.03 of this Amended and Restated DIP Credit Agreement.
(c) On the Restatement Effective Date, each Borrower shall repay the entire principal amount of, and all accrued and unpaid interest on, the Loans of
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the Old DIP Lenders made to such Borrower which are outstanding under the Existing DIP Credit Agreement immediately prior to the Restatement Effective Date (the “Outstanding Loans”), which amounts, with respect to each Borrower, are set forth on Schedule 27-1 attached hereto. On the Restatement Effective Date, the Borrowers repaying Outstanding Loans as contemplated by the immediately preceding sentence hereof shall deliver a notice or notices pursuant to Section 2.07(b) of the Existing DIP Credit Agreement requesting a Borrowing or Borrowings of ABR Loans or Eurodollar Loans, as the case may be, in an aggregate principal amount up to the aggregate amount of the Outstanding Loans (including all accrued and unpaid interest on, and the other amounts payable under Section 27(e) below in respect of, such Outstanding Loans) of such Borrower being repaid as contemplated hereby, and each such Borrower shall direct that the proceeds from all such Borrowings (together, if applicable, with any available cash that such Borrower determines to use in connection therewith) be used to repay the entire principal amount of such Outstanding Loans and all accrued and unpaid interest on, and the other amounts payable under Section 27(e) below in respect of, such Outstanding Loans. All Tranche A Loans and all Tranche B Loans made to the Borrowers on the Restatement Effective Date as contemplated by the immediately preceding sentence hereof (and, subject to the terms of this Amended and Restated DIP Credit Agreement, all Tranche A Loans made after the Restatement Effective Date) shall, in accordance with Section 2.01(a) of the Existing DIP Credit Agreement and, in the case of the Tranche B Loans, Section 2.03 of this Amended and Restated DIP Credit Agreement, be funded by each Extending DIP Lender and each New DIP Lender that is a Tranche A DIP Lender or a Tranche B DIP Lender, as the case may be, pro rata in accordance with such DIP Lender’s Class Percentage of the relevant Class.
(d) On the Restatement Effective Date, all participations by each Old DIP Lender in Letters of Credit outstanding under the Existing DIP Credit Agreement immediately prior to the Restatement Effective Date (the “Outstanding Letters of Credit”) shall be deemed to be cancelled, it being understood and agreed that the deemed cancellation of the participations of the Old DIP Lenders in such Outstanding Letters of Credit shall not in any way affect the Outstanding Letters of Credit, which shall remain unaltered and in full force and effect from, after and including the Restatement Effective Date on the terms set forth herein and in such Outstanding Letters of Credit; the aggregate face amount of the Outstanding Letters of Credit is set forth on Schedule 27-2. Pursuant to a notice given by certain Borrowers to the Fronting Bank and the Administrative Agent on the Restatement Effective Date, all Outstanding Letters of Credit shall, on the Restatement Effective Date, be deemed to be Tranche A Letters of Credit and all participations in such Outstanding Letters of Credit shall, in accordance with the terms of Section 2.04(g) of the Existing DIP Credit Agreement, be allocated to and assumed by each Extending DIP Lender and each New DIP Lender that is a Tranche A DIP Lender in accordance with their Class Percentages.
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(e) With respect to the prepayment of Outstanding Loans made pursuant to Section 27(c) above, the Borrowers agree to reimburse each applicable Old DIP Lender, including each Exiting DIP Lender, for any funding losses incurred in connection therewith that are required to be paid by the Loan Parties pursuant to the terms of the Existing DIP Credit Agreement.
(f) Subject to the terms and conditions hereof, the transactions contemplated by this Section 27 shall be consummated on the Restatement Effective Date on the terms set forth herein, notwithstanding any term in the Existing DIP Credit Agreement, including without limitation, any term set forth in Article 2 thereof, that would otherwise prohibit or restrict the consummation of such transactions on the terms set forth herein, with all such terms and conditions that would otherwise prohibit or restrict the consummation of the transactions contemplated hereby being waived solely for the purpose of such consummation.
Section 28. Representations of Loan Parties. Subject to the terms of Section 3.15 of the Existing DIP Credit Agreement, each Loan Party represents and warrants that (i) the representations and warranties of the Loan Parties set forth in the Loan Documents (after giving effect to the amendments thereto contemplated hereby) will be true and correct in all material respects on and as of the Restatement Effective Date with the same effect as if made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date (which shall be true and correct in all material respects on and as of such earlier date) and (ii) no Default or Event of Default will have occurred and be continuing on such date.
Section 29. Governing Law. THIS AMENDED AND RESTATED DIP CREDIT AGREEMENT SHALL IN ALL RESPECTS BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED WHOLLY WITHIN SUCH STATE AND THE BANKRUPTCY CODE.
Section 30. Counterparts; Effectiveness. This Amended and Restated DIP Credit Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. This Amended and Restated DIP Credit Agreement shall become effective on the date (the “Restatement Effective Date”, which shall occur contemporaneously with the Closing Date) when:
(a) the Administrative Agent shall have received from each of the Loan Parties and the DIP Lenders (other than any Exiting DIP Lender) a counterpart hereof signed by such party or facsimile or other written confirmation (in form satisfactory to the Administrative Agent) that such party has signed a counterpart hereof (and the DIP Lenders as to which the Administrative Agent shall have received such counterparts or such confirmation shall constitute the Super-Majority DIP Lenders under the Existing DIP Credit Agreement as in effect
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immediately prior to the effectiveness of this Amended and Restated DIP Credit Agreement);
(b) the Administrative Agent shall have received (i) an opinion of Willkie Farr & Gallagher LLP, counsel for the Loan Parties and (ii) an opinion of in-house counsel to the Parent, in each case dated the Restatement Effective Date in form and substance reasonably satisfactory to the Co-Lead Arrangers;
(c) all fees payable pursuant to the terms of that certain fee letter, dated February 21, 2006, among certain of the Loan Parties and certain of the financial institutions party hereto shall have been paid in full;
(d) any Commitment Fee which is accrued and unpaid (whether due to an Exiting DIP Lender or an Extending DIP Lender) as of the Restatement Effective Date under the terms of the Existing DIP Credit Agreement shall have been paid in accordance with Section 2.21 thereof;
(e) any fee payable in respect of any issued and outstanding Letter of Credit (whether due to an Exiting DIP Lender or an Extending DIP Lender) that is accrued and unpaid as of the Restatement Effective Date under the terms of the Existing DIP Credit Agreement shall have been paid in accordance with Section 2.22 thereof; and
(f) the DIP Lenders shall have received a certified copy of the Extension Order, reasonably acceptable to the Co-Lead Arrangers, which (i) shall have been entered with the consent or non-objection of a preponderance of the Pre-Petition Lenders (as determined in the reasonable discretion of the Co-Lead Arrangers after consultation with the Parent) upon an application or motion of the Loan Parties reasonably satisfactory in form and substance to the Co-Lead Arrangers, on such prior notice to such parties (including the Pre-Petition Lenders) as may in each case be reasonably satisfactory to the Co-Lead Arrangers, (ii) shall be in full force and effect and (iii) shall not have been stayed, reversed, modified or amended in any respect.
The Administrative Agent shall promptly notify the Loan Parties and the DIP Lenders, including any Exiting DIP Lender, of the effectiveness of this Amended and Restated DIP Credit Agreement, and such notice shall be conclusive and binding on all parties hereto.
[Signature pages follow.]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the date first above written.
| JPMORGAN CHASE BANK, N.A., AS | ||
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| BY: | /s/ William A. Austin |
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| Name: William A. Austin | |
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| Title: Vice President |
| J.P. MORGAN SECURITIES INC., AS JOINT | ||
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| BY: | /s/ Norma A. Corio |
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| Name: Norma A. Corio | |
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| Title: Managing Director |
| CITICORP NORTH AMERICA, INC., AS | ||
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| BY: | /s/ Michael M. Schadt |
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| Name: Michael M. Schadt | |
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| Title: Director Asset Based Finance |
| CITIGROUP GLOBAL MARKETS, INC., AS | ||
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| BY: | /s/ Michael M. Schadt |
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| Name: Michael M. Schadt | |
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| Title: Authorized Signer |
| WACHOVIA BANK, NA., AS CO- | ||
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| BY: | /s/ Helen F. Wessling |
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| Name: Helen F. Wessling | |
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| Title: Managing Director |
| THE BANK OF NOVA SCOTIA, AS CO- | ||
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| BY: | /s/ Stephen C. Levi |
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| Name: Stephen C. Levi | |
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| Title: Director |
| BANK OF AMERICA, N.A., AS CO- | ||
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| BY: | /s/ John W. Woodiel III |
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| Name: John W. Woodiel III | |
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| Title: Senior Vice President |
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| GENERAL ELECTRIC CAPITAL | ||
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| BY: | /s/ Philip F. Carfora |
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| Name: Philip F. Carfora | |
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| Title: Duly Authorized Signatory |
| CIT LENDING SERVICES CORPORATION | ||
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| BY: | /s/ Michael V. Monahan |
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| Name: Michael V. Monahan | |
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| Title: Vice President |
| DEUTSCHE BANK TRUST COMPANY | ||
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| BY: | /s/ Anca Trifan |
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| Name: Anca Trifan | |
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| Title: Director |
| BY: | /s/ Diane F. Rolfe |
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| Name: Diane F. Rolfe | |
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| Title: Director |
| THE FOOTHILL GROUP, INC. | ||
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| BY: | /s/ Sean Dixon |
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| Name: Sean Dixon | |
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| Title: Vice President |
| CREDIT SUISSE, CAYMAN ISLANDS | ||
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| BY: | /s/ Carol Flaton |
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| Name: Carol Flaton | |
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| Title: Managing Director |
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| BY: | /s/ Megan Kane |
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| Name: Megan Kane | |
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| Title: Director |
| CALYON | ||
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| BY: | /s/ Anne G. Shean |
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| Name: Anne G. Shean | |
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| Title: Director |
| BY: | /s/ John McCloskey |
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| Name: John McCloskey | |
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| Title: Director |
| BANK OF MONTREAL | ||
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| BY: | /s/ Geoffrey R. McConnell |
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| Name: Geoffrey R. McConnell | |
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| Title: Director |
| BAYERISCHE HYPO-UND VEREINS BANK | ||
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| BY: | /s/ Miriam G. Trautman |
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| Name: Miriam G. Trautman | |
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| Title: Associate Director |
| BY: | /s/ Loriann Curnyn |
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| Name: Loriann Curnyn | |
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| Title: Managing Director |
| THE TRAVELERS INSURANCE COMPANY | ||
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| BY: | /s/ James R. Dingler |
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| Name: James R. Dingler | |
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| Title: Vice President |
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| SATELLITE SENIOR INCOME FUND II, LLC BY: SATELLITE ASSET MANAGEMENT, L.P., | ||
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| BY: | /s/ Simon Raykher |
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| Name: Simon Raykher | |
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| Title: General Counsel |
| SENIOR DEBT PORTFOLIO | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
| EATON VANCE INCOME TRUST | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
| EATON VANCE INSTITUTIONAL SENIOR BY: EATON VANCE MANAGEMENT | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
| EATON VANCE CDO III, LTD. BY: EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
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| EATON VANCE CDO VI, LTD. BY: EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
| EATON VANCE CDO VIII, LTD. BY: EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
| GRAYSON & CO. BY: BOSTON MANAGEMENT AND | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
| EATON VANCE | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
| EATON VANCE | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof | |
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| Title: Vice President |
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| TOLLI & CO. | ||
| BY: EATON VANCE MANAGEMENT | ||
| AS INVESTMENT ADVISOR | ||
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof |
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| Title: Vice President |
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| EATON VANCE SENIOR |
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| FLOATING-RATE TRUST |
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| BY: EATON VANCE MANAGEMENT |
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| AS INVESTMENT ADVISOR |
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof |
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| Title: Vice President |
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| EATON VANCE FLOATING-RATE INCOME TRUST |
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| BY: EATON VANCE MANAGEMENT |
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| AS INVESTMENT ADVISOR |
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof |
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| Title: Vice President |
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| EATON VANCE SHORT DURATION |
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| BY: EATON VANCE MANAGEMENT |
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| AS INVESTMENT ADVISOR |
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| BY: | /s/ Michael B. Botthof |
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| Name: Michael B. Botthof |
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| Title: Vice President |
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| BLACK DIAMOND INTERNATIONAL |
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| BY: | /s/ Alan Corkish |
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| Name: Alan Corkish |
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| Title: Director |
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| CANADIAN IMPERIAL BANK OF COMMERCE | ||
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| BY: | /s/ John O’Dowd |
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| Name: John O’Dowd |
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| Title: Authorized Signatory |
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| BY: | /s/ Milena Grgic |
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| Name: Milena Grgic |
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| Title: Authorized Signatory |
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| SPIRET IV LOAN TRUST 2003-B |
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| BY: WILMINGTON TRUST COMPANY NOT |
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| BY: | /s/ Rachel L. Simpson |
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| Name: Rachel L. Simpson |
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| Title: Financial Services Officer |
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| LONG LANE MASTER TRUST IV |
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| BY: | /s/ M. Cristina Higgins |
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| Name: M. Cristina Higgins |
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| Title: Assistant Vice President |
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| FIDELITY CENTRAL INVESTMENT |
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| BY: | /s/ John H. Costello |
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| Name: John H. Costello |
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| Title: Assistant Treasurer |
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| FIDELITY ADVISOR SERIES II: FIDELITY |
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| BY: | /s/ John H. Costello |
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| Name: John H. Costello |
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| Title: Assistant Treasurer |
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| BALLYROCK CLO III LIMITED, | ||
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| BY: | /s/ Lisa Rymut |
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| Name: Lisa Rymut | |
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| Title: Assistant Treasurer |
| SUNAMERICA SENIOR FLOATING RATE | ||
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| BY: | /s/ Steven S. Oh |
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| Name: Steven S. Oh | |
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| Title: Managing Director |
| SUNAMERICA LIFE INSURANCE COMPANY | ||
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| |
| BY: | /s/ Steven S. Oh |
|
|
| Name: Steven S. Oh | |
|
| Title: Managing Director |
| GALAXY CLO 2003-1, LTD. | ||
|
|
| |
|
|
| |
| BY: | /s/ Steven S. Oh |
|
|
| Name: Steven S. Oh | |
|
| Title: Managing Director |
| GALAXY III CLO, LTD. | ||
|
|
| |
|
|
| |
| BY: | /s/ Steven S. Oh |
|
|
| Name: Steven S. Oh | |
|
| Title: Managing Director |
9
| GALAXY IV CLO, LTD. | ||
|
|
| |
| BY: | /s/ Steven S. Oh |
|
|
| Name: Steven S. Oh | |
|
| Title: Managing Director |
| ING PRIME RATE TRUST | ||
|
|
| |
| BY: | /s/ Mohamed Basma |
|
|
| Name: Mohamed Basma | |
|
| Title: Vice President |
| ING SENIOR INCOME FOND | ||
|
|
| |
|
|
| |
| BY: | /s/ Mohamed Basma |
|
|
| Name: Mohamed Basma | |
|
| Title: Vice President |
| AVALON CAPITAL LTD. 3 | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
| CHAMPLAIN CLO, LTD. | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
10
| CHARTER VIEW PORTFOLIO | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
| DIVERSIFIED CREDIT PORTFOLIO LTD. | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
| AIM FLOATING RATE FUND | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
| LOAN FUNDING IX LLC, FOR ITSELF OR AS | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
11
| SAGAMORE CLO LTD. | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
| SARATOGA CLO I, LIMITED | ||
|
|
| |
|
|
| |
| BY: | /s/ Scott Baskind |
|
|
| Name: Scott Baskind | |
|
| Title: Authorized Signatory |
| VELOCITY CLO, LTD. | ||
|
|
| |
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
| CELEBRITY CLO LIMITED | ||
|
|
| |
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
12
| DARIEN LOAN FUNDING COMPANY | ||
|
|
| |
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
| FIRST 2004-I CLO, LTD. | ||
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
| FIRST 2004-II CLO, LTD. | ||
|
|
| |
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
| LOAN FUNDING I LLC, | ||
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
13
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
| TCW SELECT LOAN FUND, LIMITED | ||
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
| TCW SENIOR SECURED LOAN FUND, LP | ||
|
|
| |
| BY: | /s/ G. Wayne Hosang |
|
|
| Name: G. Wayne Hosang | |
|
| Title: Vice President |
| BY: | /s/ Stephen Suo |
|
|
| Name: Stephen Suo | |
|
| Title: Vice President |
| STANWICH LOAN FUNDING LLC | ||
|
|
| |
| BY: | /s/ M. Cristina Higgins |
|
|
| Name: M. Cristina Higgins | |
|
| Title: Assistant Vice President |
14
| TRUMBULL THC2 LOAN FUNDING LLC, FOR | ||
|
| ||
| BY: | /s/ Eugene Caraus |
|
|
| Name: Eugene Caraus | |
|
| Title: Attorney-in-fact | |
|
|
| |
|
|
| |
| STEDMAN CBNA LOAN FUNDING LLC, FOR ITSELF OR AS AGENT FOR STEDMAN CFPI LOAN FUNDING LLC. | ||
|
| ||
| BY: | /s/ Eugene Caraus |
|
|
| Name: Eugene Caraus | |
|
| Title: Attorney-in-fact | |
|
| ||
| BUSHNELL CBNA LOAN FUNDING LLC, FOR | ||
|
| ||
| BY: | /s/ Eugene Caraus |
|
|
| Name: Eugene Caraus | |
|
| Title: Attorney-in-fact | |
|
| ||
|
| ||
| ALLSTATE LIFE INSURANCE COMPANY | ||
|
| ||
| BY: | /s/ Robert B. Bodett |
|
|
| Name: Robert B. Bodett | |
|
| Title: Authorized Signatory | |
|
|
| |
|
|
| |
| BY: | /s/ Breege A. Farrell |
|
|
| Name: Breege A. Farrell | |
|
| Title: Authorized Signatory |
| AIMCO CLO, SERIES 2005-A | ||
|
| ||
| BY: | /s/ Robert B. Bodett |
|
|
| Name: Robert B. Bodett | |
|
| Title: Authorized Signatory |
15
| BY: | /s/ Breege A. Farrell |
|
|
| Name: Breege A. Farrell | |
|
| Title: Authorized Signatory |
| LCM II LIMITED PARTNERSHIP | ||
| BY: LYON CAPITAL MANAGEMENT LLC, AS COLLATERAL MANAGER | ||
|
| ||
| BY: | /s/ Alexander B. Kenna |
|
|
| Name: Alexander B. Kenna | |
|
| Title: Portfolio Manager |
| LCM III, LTD. | ||
| BY: LYON CAPITAL MANAGEMENT LLC, AS | ||
|
| ||
| BY: | /s/ Alexander B. Kenna |
|
|
| Name: Alexander B. Kenna | |
|
| Title: Portfolio Manager |
| LCM IV, LTD. | ||
| BY: LYON CAPITAL MANAGEMENT LLC, AS | ||
|
| ||
| BY: | /s/ Alexander B. Kenna |
|
|
| Name: Alexander B. Kenna | |
|
| Title: Portfolio Manager |
| GULF STREAM-COMPASS CLO 2002-1 LTD | ||
| BY: GULF STREAM ASSET MANAGEMENT | ||
|
| ||
| BY: | /s/ Barry K. Love |
|
|
| Name: Barry K. Love | |
|
| Title: Chief Credit Officer |
16
| GULF STREAM-COMPASS CLO 2003-I LTD | ||
| BY: GULF STREAM ASSET MANAGEMENT LLC AS COLLATERAL MANAGER | ||
|
| ||
| BY: | /s/ Barry K. Love |
|
|
| Name: Barry K. Love | |
|
| Title: Chief Credit Officer |
| GULF STREAM-COMPASS CLO 2005-I LTD | ||
| BY: GULF STREAM ASSET MANAGEMENT | ||
|
| ||
| BY: | /s/ Barry K. Love |
|
|
| Name: Barry K. Love | |
|
| Title: Chief Credit Officer |
| VAN KAMPEN | ||
| SENIOR INCOME TRUST | ||
| BY: VAN KAMPEN ASSET MANAGEMENT | ||
|
| ||
| BY: | /s/ Christina Jamieson |
|
|
| Name: Christina Jamieson | |
|
| Title: Executive Director |
| VAN KAMPEN | ||
| SENIOR LOAN FUND | ||
| BY: VAN KAMPEN ASSET MANAGEMENT | ||
|
| ||
| BY: | /s/ Christina Jamieson |
|
|
| Name: Christina Jamieson | |
|
| Title: Executive Director |
17
| LOAN PARTIES: | |
| ACC CABLE COMMUNICATIONS FL- | |
|
| |
| By: | ACC Cable Holdings VA, Inc., its sole |
|
| |
| ACC CABLE HOLDINGS VA, INC. | |
|
| |
|
| |
| ACC HOLDINGS II, LLC | |
|
| |
| By: | ACC Operations, Inc., its sole member |
|
| |
| ACC INVESTMENT HOLDINGS, INC. | |
|
| |
| ACC OPERATIONS, INC. | |
|
| |
| ACC PROPERTIES HOLDINGS, LLC | |
|
| |
| ACC PROPERTIES (JB), LLC | |
|
| |
| ACC PROPERTIES 1, LLC | |
|
| |
| ACC PROPERTIES 4, LLC | |
|
| |
| ACC PROPERTIES 6, LLC | |
|
| |
| ACC PROPERTIES 103, LLC | |
|
| |
| ACC PROPERTIES 105, LLC | |
|
| |
| ACC PROPERTIES 109, LLC | |
|
| |
| ACC PROPERTIES 121, LLC | |
|
| |
| ACC PROPERTIES 122, LLC | |
|
| |
| ACC PROPERTIES 123, LLC | |
|
| |
| ACC PROPERTIES 124, LLC | |
|
| |
| ACC PROPERTIES 130, LLC | |
|
| |
| ACC PROPERTIES 146, LLC |
| ACC PROPERTIES 148, LLC | |
|
| |
| ACC PROPERTIES 149, LLC | |
|
| |
| ACC PROPERTIES 150, LLC | |
|
| |
| ACC PROPERTIES 151, LLC | |
|
| |
| ACC PROPERTIES 152, LLC | |
|
| |
| ACC PROPERTIES 154, LLC | |
|
| |
| ACC PROPERTIES 156, LLC | |
|
| |
| ACC TELECOMMUNICATIONS | |
|
| |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ACC TELECOMMUNICATIONS LLC | |
|
|
|
| By: | ACC Telecommunications Holdings LLC, its |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ACC TELECOMMUNICATIONS OF | |
|
|
|
| By: | ACC Telecommunications Holdings LLC, its |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ACC-AMN HOLDINGS LLC | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ADELPHIA ACQUISITION |
| ADELPHIA ARIZONA, INC. | |
|
|
|
| ADELPHIA BLAIRSVILLE, LLC | |
|
|
|
| By: | Century Communications Corp., its sole |
|
|
|
| ADELPHIA CABLE PARTNERS, L.P. | |
|
|
|
| By: | Olympus Cable Holdings, LLC, its Managing |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| ADELPHIA CABLEVISION | |
|
|
|
| By: | Chelsea Communications, Inc., its general |
|
|
|
| ADELPHIA CABLEVISION CORP. | |
|
|
|
| ADELPHIA CABLEVISION OF BOCA | |
|
|
|
| By: | Adelphia Cablevision Corp., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF | |
|
|
|
| By: | Clear Cablevision, Inc., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF INLAND | |
|
|
|
| By: | Clear Cablevision, Inc., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF THE | |
|
|
|
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
| ADELPHIA CABLEVISION, LLC | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF NEW | |
|
|
|
| ADELPHIA CABLEVISION OF | |
|
|
|
| By: | Ft. Myers Cablevision, LLC, its sole member |
| By: | Ft. Myers Acquisition Limited Partnership, its |
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| ADELPHIA CABLEVISION OF | |
|
|
|
| By: | Ft. Myers Cablevision, LLC, its sole member |
| By: | Ft. Myers Acquisition Limited Partnership, its |
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| ADELPHIA CABLEVISION OF | |
|
|
|
| By: | Mickelson Media, Inc., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF SAN | |
|
|
|
| By: | Clear Cablevision, Inc., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF SANTA | |
|
|
|
| By: | UCA, LLC, its sole member |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF SEAL | |
|
|
|
| By: | Manchester Cablevision, Inc., its sole member |
| ADELPHIA CABLEVISION OF SIMI | |
|
| |
| By: | UCA, LLC, its sole member |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ADELPHIA CABLEVISION OF WEST | |
|
|
|
| By: | Century New Mexico Cable Television Corp., |
|
|
|
| ADELPHIA CABLEVISION OF WEST | |
|
|
|
| By: | Sentinel Communications of Muncie, Indiana, |
|
|
|
| ADELPHIA CABLEVISION OF WEST | |
|
|
|
| By: | Huntington CATV, Inc., its sole member |
|
|
|
| ADELPHIA CALIFORNIA | |
|
|
|
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| ADELPHIA CENTRAL | |
|
|
|
| By: | National Cable Acquisition Associates, L.P., |
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| ADELPHIA CLEVELAND, LLC | |
|
|
|
| By: | Adelphia of the Midwest, Inc., its sole |
|
|
|
| ADELPHIA COMMUNICATIONS |
| ADELPHIA COMMUNICATIONS OF | |
|
|
|
| By: | Adelphia Cablevision Corp., its sole member |
|
|
|
| ADELPHIA COMMUNICATIONS OF | |
|
|
|
| By: | Adelphia Cablevision Corp., its sole member |
|
|
|
| ADELPHIA COMMUNICATIONS OF | |
|
|
|
| By: | FrontierVision, its sole member |
| By: | FrontierVision Holdings, L.P., its general |
| By: | FrontierVision Partners, L.P., its general |
| By: | Adelphia GP Holdings, L.L.C., its general |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ADELPHIA COMMUNICATIONS | |
|
|
|
| ADELPHIA COMPANY OF WESTERN | |
|
|
|
| ADELPHIA GENERAL HOLDINGS III, | |
|
|
|
| ADELPHIA GS CABLE, LLC | |
|
|
|
| By: | Olympus Cable Holdings, LLC, its sole |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., it sole |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ADELPHIA GP HOLDINGS, LLC | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ADELPHIA HARBOR CENTER | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
| ADELPHIA HOLDINGS 2001, LLC | |
|
|
|
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., it sole |
| By: | ACC Operations, Inc., its managing partner |
|
|
|
| ADELPHIA INTERNATIONAL II, LLC | |
|
|
|
| By: | ACC Operations, Inc., its member |
| By: | Adelphia Communications International, Inc., |
|
|
|
| ADELPHIA INTERNATIONAL III LLC | |
|
|
|
| By: | ACC Operations, Inc., its member |
| By: | Adelphia Communications International, Inc., |
|
|
|
| ADELPHIA OF THE MIDWEST, INC. | |
|
|
|
| ADELPHIA MOBILE PHONES | |
|
| |
| ADELPHIA PINELLAS COUNTY, LLC | |
|
|
|
| By: | Ft. Myers Cablevision, L.L.C., its sole |
| By: | Ft. Myers Acquisition Limited Partnership, its |
| By | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| ADELPHIA PRESTIGE CABLEVISION, | |
|
|
|
| By: | Century Cable Holdings, LLC, its sole |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| ADELPHIA TELECOMMUNICATIONS, | |
|
|
|
| ADELPHIA TELECOMMUNICATIONS | |
|
| |
| ADELPHIA WELLSVILLE, LLC | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
| ADELPHIA WESTERN NEW YORK | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
|
|
|
| ARAHOVA COMMUNICATIONS, INC. | |
|
|
|
| ARAHOVA HOLDINGS, LLC | |
|
|
|
| By: | Olympus Cable Holdings, LLC, its sole |
| By: | Olympus Subsidiary, LLC, its sole |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| BADGER HOLDING CORPORATION | |
|
|
|
| BETTER TV, INC. OF BENNINGTON | |
|
|
|
| BLACKSBURG/SALEM | |
|
|
|
| BRAZAS COMMUNICATIONS, INC. | |
|
|
|
| BUENAVISION | |
|
|
|
| CABLE SENRY CORPORATION | |
|
|
|
| CALIFORNIA AD SALES, LLC | |
|
|
|
| By: | Ft. Myers Cablevision, L.L.C., its sole |
| By: | Ft. Myers Acquisition Limited Partnership, its |
| By | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| CCC-III, INC. | |
|
| |
| CCC-INDIANA, INC. |
| CCH INDIANA, L.P. | |
|
|
|
| By: | CCC-Indiana, its general partner |
|
|
|
| CDA CABLE, INC. | |
|
|
|
| CENTURY ADVERTISING, INC. | |
|
|
|
| CENTURY ALABAMA CORP | |
|
|
|
| CENTURY ALABAMA HOLDING | |
|
|
|
| CENTURY AUSTRALIA | |
|
|
|
| CENTURY BERKSHIRE CABLE CORP. | |
|
|
|
| CENTURY CABLE HOLDINGS, LLC | |
|
|
|
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| CENTURY CABLE HOLDING CORP. | |
|
|
|
| CENTURY CABLE MANAGEMENT | |
|
|
|
| CENTURY CABLE OF SOUTHERN | |
|
|
|
| CENTURY CABLEVISION HOLDINGS, | |
|
|
|
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| CENTURY CAROLINA CORP. | |
|
|
|
| CENTURY COLORADO SPRINGS | |
|
|
|
| CENTURY COLORADO SPRINGS | |
|
|
|
| By: | Paragon Cable Television Inc., a general |
| CENTURY COMMUNICATIONS CORP. | |
|
|
|
| CENTURY CULLMAN CORP. | |
|
|
|
| CENTURY ENTERPRISE CABLE | |
|
|
|
| CENTURY EXCHANGE, LLC | |
|
|
|
| By: | Century Cable Holding Corp., its sole member |
|
|
|
|
|
|
| CENTURY FEDERAL, INC. | |
|
|
|
| CENTURY GRANITE CABLE | |
|
|
|
| CENTURY HUNTINGTON COMPANY | |
|
|
|
| CENTURY INDIANA CORP. | |
|
|
|
| CENTURY ISLAND ASSOCIATES, INC. | |
|
|
|
| CENTURY ISLAND CABLE | |
|
|
|
| CENTURY INVESTMENT HOLDING | |
|
|
|
| CENTURY INVESTORS, INC. | |
|
|
|
| CENTURY KANSAS CABLE | |
|
|
|
| CENTURY LYKENS CABLE CORP. | |
|
|
|
| CENTURY MENDOCINO CABLE | |
|
|
|
| CENTURY MISSISSIPPI CORP. | |
|
|
|
| CENTURY MOUNTAIN CORP. | |
|
|
|
| CENTURY NEW MEXICO CABLE |
| CENTURY NORWICH CORP. | |
|
|
|
| CENTURY OHIO CABLE TELEVISION | |
|
|
|
| CENTURY OREGON CABLE CORP. | |
|
|
|
| CENTURY PACIFIC CABLE TV, INC. | |
|
|
|
| CENTURY PROGRAMMING, INC. | |
|
|
|
| CENTURY REALTY CORP. | |
|
|
|
| CENTURY SHASTA CABLE | |
|
|
|
| CENTURY SOUTHWEST COLORADO | |
|
|
|
|
|
|
| CENTURY-TCI CALIFORNIA | |
|
|
|
| By: | Century Exchange LLC, its general partner |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| CENTURY-TCI CALIFORNIA, L.P. | |
|
|
|
| By: | Century-TCI California Communications, |
| By | Century Exchange LLC, its general partner |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| CENTURY-TCI DISTRIBUTION | |
|
|
|
| By: | Century Exchange LLC, its general partner |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| CENTURY-TCI HOLDINGS, LLC | |
|
|
|
| By: | Century-TCI California Communications, |
| By | Century Exchange LLC, its general partner |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| CENTURY TRINIDAD CABLE |
| CENTURY VIRGINIA CORP. | |
|
|
|
| CENTURY VOICE AND DATA | |
|
|
|
| CENTURY WARRICK CABLE CORP. | |
|
|
|
| CENTURY WASHINGTON CABLE | |
|
|
|
| CENTURY WYOMING CABLE | |
|
|
|
| CHELSEA COMMUNICATIONS, INC. | |
|
|
|
| CHELSEA COMMUNICATIONS, LLC | |
|
|
|
| By: | Olympus Cable Holdings, LLC, its sole |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| CHESTNUT STREET SERVICES, LLC | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
|
|
|
| CLEAR CABLEVISION, INC. | |
|
|
|
| CMA CABLEVISION ASSOCIATES VII, | |
|
|
|
| By: | Tele-Media Company of Tri-States, L.P., its |
| By: | Tri-States, L.L.C., its general partner |
| By: | Century Cable Holdings, LLC, its sole |
| By: | Century Cable Holding Corp., its managing |
| CMA CABLEVISION ASSOCIATES XI, | |
|
|
|
| By: | Tele-Media Company of Tri-States, L.P., its |
| By: | Tri-States, L.L.C., its general partner |
| By: | Century Cable Holdings, LLC, its sole |
| By: | Century Cable Holding Corp., its managing |
|
|
|
| CORAL SECURITY, INC. | |
|
|
|
| COWLITZ CABLEVISION, INC. | |
|
|
|
| CP-MDU I LLC | |
|
|
|
| By: | Adelphia California Cablevision, L.L.C., its |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| CP-MDU II LLC | |
|
|
|
| By: | Adelphia California Cablevision, L.L.C., its |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| E.& E. CABLE SERVICE, INC. | |
|
|
|
| EASTERN VIRGINIA CABLEVISION | |
|
|
|
| By: | Eastern Virginia Cablevision, L.P., its sole |
| By: | TMC Holdings Corporation, its general |
|
|
|
| EASTERN VIRGINIA CABLEVISION, | |
|
|
|
| By: | TMC Holdings Corporation, its general |
| EMPIRE SPORTS NETWORK, L.P. | |
|
|
|
| By: | Parnassos Communications, L.P., its general |
| By: | Adelphia Western New York Holdings, LLC, |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| FAE CABLE MANAGEMENT CORP. | |
|
|
|
| FOP INDIANA, L.P. | |
|
|
|
| By: | FrontierVision Cable New England, Inc., its |
|
|
|
| FRONTIERVISION ACCESS | |
|
|
|
| By: | FrontierVision Operating Partners, L.P., its |
| By: | FrontierVision Holdings, L.P., its general |
| By: | FrontierVision Partners, L.P., its general |
| By: | Adelphia GP Holdings, LLC, its general |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| FRONTIERVISION CABLE NEW | |
|
|
|
| FRONTIERVISION CAPITAL | |
|
|
|
| FRONTIERVISION HOLDINGS | |
|
|
|
| FRONTIERVISION HOLDINGS | |
|
|
|
| FRONTIERVISION HOLDINGS L.L.C. | |
|
|
|
| By: | FrontierVision Partners, L.P., its sole member |
| By: | Adelphia GP Holdings, LLC, its general |
| By: | ACC Operations, Inc., its sole member |
| FRONTIERVISION HOLDINGS L.P. | |
|
|
|
| By: | FrontierVision Partners, L.P., its general |
| By: | Adelphia GP Holdings, LLC, its general |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| FRONTIERVISION OPERATING | |
|
|
|
| By: | FrontierVision Holdings, L.P., its sole |
| By: | FrontierVision Partners, L.P., its general |
| By: | Adelphia GP Holdings, LLC, its general |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| FRONTIERVISION OPERATING | |
|
|
|
| By: | FrontierVision Holdings, L.P., its general |
| By: | FrontierVision Partners, L.P., its general |
| By: | Adelphia GP Holdings, LLC, its general |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| FRONTIERVISION PARTNERS L.P. | |
|
|
|
| By: | Adelphia GP Holdings, LLC, its |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| FT. MYERS ACQUISITION LIMITED | |
|
|
|
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
| FT. MYERS CABLEVISION, LLC | |
|
| |
| By: | Ft. Myers Acquisition Limited Partnership, its |
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| GENESIS CABLE COMMUNICATIONS | |
|
|
|
| By: | ACC Cable Communications FL-VA, LLC, |
| By: | ACC Cable Holdings VA, Inc., its sole |
|
|
|
| GLOBAL ACQUISITION PARTNERS, | |
|
|
|
| By: | Global Cablevision II, LLC, its general |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| GLOBAL CABLEVISION II, LLC | |
|
|
|
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing partner |
|
|
|
| THE GOLF CLUB AT WENDING | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
|
|
|
| GRAFTON CABLE COMPANY | |
|
|
|
| GS CABLE LLC | |
|
|
|
| By: | Adelphia GS Cable, LLC, its sole member |
| By: | Olympus Cable Holdings, LLC, its sole |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
| GS TELECOMMUNICATIONS LLC | |
|
|
|
| By: | GS Cable, LLC, its sole member |
| By: | Adelphia GS Cable, LLC, its sole member |
| By: | Olympus Cable Holdings, LLC, its sole |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| HARRON CABLEVISION OF NEW | |
|
|
|
| HUNTINGTON CATV, INC. | |
|
|
|
| IMPERIAL VALLEY CABLEVISION, | |
|
|
|
| KALAMAZOO COUNTY | |
|
|
|
| KEY BISCAYNE CABLEVISION | |
|
|
|
| By: | Adelphia Cable Partners, LP, a general partner |
| By: | Olympus Cable Holdings, LLC, its managing |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| KOOTENAI CABLE, INC. | |
|
|
|
| LAKE CHAMPLAIN CABLE | |
|
|
|
| LEADERSHIP ACQUISITION LIMITED | |
|
|
|
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| LOUISA CABLEVISION, INC. | |
|
|
|
| MANCHESTER CABLEVISION, INC |
| MARTHA’S VINEYARD | |
|
|
|
| By: | Century Cable Holdings, LLC, its general |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| MERCURY COMMUNICATIONS, INC. | |
|
|
|
| MICKELSON MEDIA, INC. | |
|
|
|
| MICKELSON MEDIA OF FLORIDA, | |
|
|
|
| MONUMENT COLORADO | |
|
|
|
| MOUNTAIN CABLE | |
|
|
|
| MOUNTAIN CABLE COMPANY, L.P. | |
|
|
|
| By: | Pericles Communications Corporation, its |
|
|
|
| MONTGOMERY CABLEVISION, INC. | |
|
|
|
| MT. LEBANON CABLEVISION, INC. | |
|
|
|
| MULTI-CHANNEL T.V. CABLE | |
|
|
|
| NATIONAL CABLE ACQUISITION | |
|
|
|
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| OLYMPUS CABLE HOLDINGS, LLC | |
|
|
|
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
| OLYMPUS CAPITAL CORPORATION | |
|
|
|
| OLYMPUS COMMUNICATIONS | |
|
|
|
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| OLYMPUS COMMUNICATIONS, L.P. | |
|
|
|
| By: | ACC Operations, Inc., its managing general |
|
|
|
| OLYMPUS SUBSIDIARY, LLC | |
|
|
|
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| OWENSBORO-BRUNSWICK, INC. | |
|
|
|
| OWENSBORO INDIANA, L.P. | |
|
|
|
| By: | Century Granite Cable Television Corp., its |
|
|
|
| OWENSBORO ON THE AIR, INC. | |
|
|
|
| PAGE TIME, INC. | |
|
|
|
| PALM BEACH GROUP, INC. | |
|
|
|
| PARAGON CABLE TELEVISION INC. | |
|
|
|
| PARAGON CABLEVISION | |
|
|
|
| PARAGON CABLEVISION | |
|
|
|
| PARNASSOS COMMUNICATIONS, L.P. | |
|
|
|
| By: | Adelphia Western New York Holdings, LLC, |
| By: | ACC Operations, Inc., its sole member |
| PARNASSOS DISTRIBUTION | |
| COMPANY I, LLC | |
|
|
|
| By: | Adelphia Western New York Holdings, LLC, |
| By: | ACC Operations, Inc., |
|
| its sole member and managing member |
|
|
|
| PARNASSOS DISTRIBUTION | |
| COMPANY II, LLC | |
|
|
|
| By: | Montgomery Cablevision, Inc., |
|
| its sole member and managing member |
|
|
|
| PARNASSOS HOLDINGS, LLC | |
|
|
|
| By: | Parnassos Communications, L.P., its sole |
| By: | Adelphia Western New York Holdings, LLC, |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| PARNASSOS, L.P. | |
|
|
|
| By: | Parnassos Communications, L.P., its general |
| By: | Adelphia Western New York Holdings, LLC, |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| PERICLES COMMUNICATIONS | |
| CORPORATION | |
|
| |
| PULLMAN TV CABLE CO., INC. | |
|
| |
| RENTAVISION OF BRUNSWICK, INC. | |
|
| |
| RICHMOND CABLE TELEVISION | |
| CORPORATION | |
|
|
|
| RIGPAL COMMUNICATIONS, INC. | |
|
| |
| ROBINSON/PLUM CABLEVISION | |
|
|
|
| By: | Olympus Subsidiary, LLC, its general partner |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
| SABRES, INC. | |
|
| |
| SCRANTON CABLEVISION, INC. | |
|
| |
| SENTINEL COMMUNICATIONS OF | |
| MUNCIE, INDIANA, INC. | |
|
| |
| SOUTHEAST FLORIDA CABLE, INC. | |
|
| |
| SOUTHWEST COLORADO CABLE, | |
| INC. | |
|
| |
| SOUTHWEST VIRGINIA CABLE, INC. | |
|
| |
| S/T CABLE CORPORATION | |
|
| |
| STAR CABLE INC. | |
|
| |
| STARPOINT, LIMITED PARTNERSHIP | |
|
|
|
| By: | West Boca Acquisition Limited Partnership, |
| By: | Adelphia Cable Partners, L.P., its general |
| By: | Olympus Cable Holdings, LLC, its managing |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
| |
| SVHH CABLE ACQUISITION, L.P. | |
|
|
|
| By: | SVhh Holdings, LLC, its general partner |
| By: | ACC Operations, Inc., its sole member |
|
|
|
| SVHH HOLDINGS, LLC | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
| TELE-MEDIA COMPANY OF | |
| HOPEWELL-PRINCE GEORGE | |
|
|
|
| By: | Eastern Virginia Cablevision Holdings, LLC, |
| By: | Eastern Virginia Cablevision, L.P., its sole |
| By: | TMC Holdings Corporation, its general |
|
|
|
| TELE-MEDIA COMPANY OF TRI- | |
| STATES L.P. | |
|
|
|
| By: | Tri-States, L.L.C., its general partner |
| By: | Century Cable Holdings, LLC, its sole |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| TELE-MEDIA INVESTMENT | |
| PARTNERSHIP, L.P. | |
|
|
|
| By: | National Cable Acquisition Associates, L.P., a |
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| TELESAT ACQUISITION, LLC | |
|
|
|
| By: | Arahova Holdings, LLC, its sole member |
| By: | Olympus Cable Holdings, LLC, its sole |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| TELESTAT ACQUISITION LIMITED | |
| PARTNERSHIP | |
|
|
|
| By: | Olympus Communications, L.P., its general |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| THE MAIN INTERNETWORKS, INC. | |
|
| |
| THE WESTOVER T.V. CABLE CO., | |
| INCORPORATED |
| THREE RIVERS CABLE ASSOCIATES, | |
| L.P. | |
|
|
|
| By: | Chelsea Communications, LLC, a general |
| By: | Olympus Cable Holdings, LLC, its sole |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
| And By: Mt. Lebanon Cablevision, Inc., a general | |
| partner | |
|
|
|
| TIMOTHEOS COMMUNICATIONS, L.P. | |
|
|
|
| By: | Olympus Communications Holdings, L.L.C., |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| TMC HOLDINGS CORPORATION | |
|
| |
| TMC HOLDINGS, LLC | |
|
| |
| TRI-STATES, L.L.C. | |
|
|
|
| By: | Century Cable Holdings, LLC, its sole |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| UCA LLC | |
|
|
|
| By: | ACC Operations, Inc., its sole member |
|
|
|
| U.S. TELE-MEDIA INVESTMENT | |
| COMPANY | |
|
|
|
| UPPER ST. CLAIR CABLEVISION, INC. | |
|
| |
| VALLEY VIDEO, INC. | |
|
| |
| VAN BUREN COUNTY CABLEVISION, | |
| INC. | |
|
|
|
| WARRICK CABLEVISION, INC. |
| WARRICK INDIANA, L.P. | |
|
|
|
| By: | CCC-III, Inc., its general partner |
|
|
|
| WELLSVILLE CABLEVISION, L.L.C. | |
|
|
|
| By: | Century Cable Holdings, LLC, its sole |
| By: | Century Cable Holding Corp., its sole member |
|
|
|
| WEST BOCA ACQUISITION LIMITED | |
| PARTNERSHIP | |
|
|
|
| By: | Adelphia Cable Partners, L.P., its general |
| By: | Olympus Cable Holdings, LLC, its managing |
| By: | Olympus Subsidiary, LLC, its sole member |
| By: | Olympus Communications, L.P., its sole |
| By: | ACC Operations, Inc., its managing general |
|
|
|
| WESTERN NY CABLEVISION, L.P. | |
|
|
|
| By: | Adelphia Western New York Holdings, LLC, |
| By: | ACC Operations, Inc, its sole member |
|
|
|
| WESTVIEW SECURITY, INC. |
| WILDERNESS CABLE COMPANY | ||
|
| ||
| YOUNG’S CABLE TV CORP. | ||
|
| ||
| YUMA CABLEVISION, INC. | ||
|
| ||
|
| ||
| By: | /s/ Vanessa A. Wittman | |
|
| Name: | Vanessa A. Wittman |
|
| Title: | Executive Vice President and |
Annex A
Tranche A Commitment Amounts
Tranche A Lender |
| Amount |
| |
|
|
|
| |
JPMORGAN CHASE BANK, N.A. |
| $ | 75,000,000.00 |
|
CITICORP NORTH AMERICA, INC. |
| 75,000,000.00 |
| |
WACHOVIA BANK, N.A. |
| 75,000,000.00 |
| |
BANK OF AMERICA, N.A. |
| 60,000,000.00 |
| |
CIT LENDING SERVICES CORPORATION |
| 60,000,000.00 |
| |
DEUTSCHE BANK TRUST COMPANY AMERICAS |
| 60,000,000.00 |
| |
GENERAL ELECTRIC CAPITAL CORPORATION |
| 60,000,000.00 |
| |
THE BANK OF NOVA SCOTIA |
| 60,000,000.00 |
| |
THE FOOTHILL GROUP, INC. |
| 60,000,000.00 |
| |
CREDIT SUISSE, CAYMAN ISLANDS BRANCH |
| 55,000,000.00 |
| |
CALYON |
| 50,000,000.00 |
| |
BANK OF MONTREAL |
| 38,000,000.00 |
| |
BAYERISCHE HYPO-und VEREINSBANK AG, NEW YORK BRANCH |
| 27,700,000.00 |
| |
THE TRAVELERS INSURANCE COMPANY |
| 25,000,000.00 |
| |
SATELLITE SENIOR INCOME FUND II, LLC |
| 19,300,000.00 |
| |
TOTAL |
| 800,000,000.00 |
| |
ANNEX B
Century Borrower Group (Several Borrower Group):
Borrower:
Century Cable Holdings, LLC
Guarantors:
Ft. Myers Cablevision, LLC
Ft. Myers Acquisition Limited Partnership
Adelphia Cablevision of Newport Beach, LLC
California Ad Sales, LLC
Tri-States, L.L.C.
CMA Cablevision Associates VII, L.P.
Wellsville Cablevision, L.L.C.
Brazas Communications, Inc.
Eastern Virginia Cablevision, L.P.
Louisa Cablevision, Inc.
Manchester Cablevision, Inc.
Clear Cablevision, Inc.
Adelphia Cablevision of Inland Empire, LLC
Adelphia Cablevision Corp.
Harron Cablevision of New Hampshire, Inc.
Adelphia Communications of California II, LLC
Century Virginia Corp.
Adelphia of the Midwest, Inc.
Badger Holding Corporation
Paragon Cable Television Inc.
Paragon Cablevision Construction Corporation
Century Wyoming Cable Television Corp.
Star Cable Inc.
E. & E. Cable Service, Inc.
Adelphia Cablevision of West Palm Beach III, LLC
Adelphia Cablevision of Orange County II, LLC
Owensboro on the Air, Inc.
Owensboro Indiana, L.P.
Century Island Cable Television Corp.
Southwest Colorado Cable, Inc.
Sentinel Communications of Muncie, Indiana, Inc.
Huntington CATV, Inc.
Century Warrick Cable Corp.
Century Cable Holding Corp.
Adelphia Cablevision of Orange County, LLC
Century Ohio Cable Television Corp.
Tele-Media Company of Tri-States L.P.
CMA Cablevision Associates XI, Limited Partnership
Martha’s Vineyard Cablevision, L.P.
TMC Holdings Corporation
Scranton Cablevision, Inc.
Blacksburg/Salem Cablevision, Inc.
Adelphia Cablevision of Seal Beach, LLC
Adelphia Cablevision of Fontana, LLC
Adelphia Cablevision of San Bernardino, LLC
Adelphia Cablevision of Boca Raton, LLC
Adelphia Communications of California, LLC
Century Mountain Corp.
Adelphia Prestige Cablevision, LLC
Adelphia Cleveland, LLC
S/T Cable Corporation
Paragon Cablevision Management Corporation
Century Trinidad Cable Television Corp.
Grafton Cable Company
The Westover T.V. Cable Co., Incorporated
Century New Mexico Cable Television Corp.
Mickelson Media, Inc.
Century Mendocino Cable Television, Inc.
Century Colorado Springs Partnership
Century Granite Cable Television Corp.
Century Island Associates, Inc.
Century Southwest Colorado Cable Television Corp.
Century Indiana Corp.
Adelphia Cablevision of West Palm Beach IV, LLC
Adelphia Cablevision of West Palm Beach V, LLC
Century Berkshire Cable Corp.
Adelphia Pinellas County, LLC
2
Century-TCI Borrower Group (Several Borrower Group):
Borrower:
Century-TCI California, L.P.
Guarantors:
Century-TCI Holdings, LLC
Century-TCI California Communications, L.P.
Century-TCI Distribution Company, LLC
3
UCA Borrower Group (Several Borrower Group):
Borrower:
UCA LLC
Guarantors:
Southwest Virginia Cable, Inc.
Van Buren County Cablevision, Inc.
Adelphia Cablevision of Santa Ana, LLC
Adelphia Cablevision of Simi Valley, LLC
Tele-Media Company of Hopewell-Prince George
SVHH Cable Acquisition, L.P.
SVHH Holdings, LLC
Olympus Communications, L.P.
National Cable Acquisition Associates, L.P.
Tele-Media Investment Partnership, L.P.
Adelphia Central Pennsylvania, LLC
Eastern Virginia Cablevision Holdings, LLC
4
Parnassos Borrower Group (Several Borrower Group):
Borrower:
Parnassos, L.P.
Guarantors:
Parnassos Holdings, LLC
Parnassos Communications, L.P.
Western NY Cablevision, L.P.
Parnassos Distribution Company I, LLC
Parnassos Distribution Company II, LLC
5
Frontiervision Borrower Group (Several Borrower Group):
Borrower:
FrontierVision Operating Partners, L.P.
Guarantors:
FrontierVision Capital Corporation
FrontierVision Access Partners, LLC
The Main InternetWorks, Inc.
Adelphia Communications of California III, LLC
FrontierVision Cable New England, Inc.
FOP Indiana, L.P.
FrontierVision Holdings, L.P.
FrontierVision Operating Partners, L.L.C.
FrontierVision Holdings Capital Corporation
FrontierVision Holdings Capital II Corporation
6
Olympus Borrower Group (Several Borrower Group):
Borrower:
Olympus Cable Holdings, LLC
Guarantors:
Olympus Communications Holdings, L.L.C.
Arahova Holdings, LLC
Adelphia Cablevision of New York, Inc.
Century Alabama Holding Corp.
Century Enterprise Cable Corp.
Century Alabama Corp.
Century Cullman Corp.
Century Cable Management Corporation
Century Carolina Corp.
Century Huntington Company
Century Mississippi Corp.
Century Norwich Corp.
Century Shasta Cable Television Corp.
CDA Cable, Inc.
Century Washington Cable Television, Inc.
Century Kansas Cable Television Corp.
Century Lykens Cable Corp.
Cowlitz Cablevision, Inc.
Imperial Valley Cablevision, Inc.
Kootenai Cable, Inc.
Mickelson Media of Florida, Inc.
Pullman TV Cable Co., Inc.
Rentavision of Brunswick, Inc.
Telesat Acquisition, LLC
Valley Video, Inc.
Wilderness Cable Company
Yuma Cablevision, Inc.
Warrick Cablevision, Inc.
CCC-III, Inc.
Warrick Indiana, L.P.
Chelsea Communications, LLC
Chelsea Communications, Inc.
GS Telecommunications LLC
Kalamazoo County Cablevision, Inc.
Multi-Channel T.V. Cable Company
Mt. Lebanon Cablevision, Inc.
Rigpal Communications, Inc.
Upper St. Clair Cablevision, Inc.
Pericles Communications Corporation
Mountain Cable Communications Corporation
Young’s Cable TV Corp.
Better TV, Inc. of Bennington
7
Adelphia Cablevision Associates, L.P.
Three Rivers Cable Associates, L.P.
Mountain Cable Company, L.P.
Lake Champlain Cable Television Corporation
Richmond Cable Television Corporation
Adelphia GS Cable, LLC
ACC Cable Holdings VA, Inc.
Adelphia Cable Partners, L.P.
GS Cable LLC
ACC Cable Communications FL-VA, LLC
Timotheos Communications, L.P.
Southeast Florida Cable, Inc.
Key Biscayne Cablevision
West Boca Acquisition Limited Partnership
Starpoint, Limited Partnership
Genesis Cable Communications Subsidiary L.L.C.
Cable Sentry Corporation
Coral Security, Inc.
Westview Security, Inc.
Olympus Capital Corporation
TMC Holdings, LLC
Adelphia Company of Western Connecticut
Olympus Subsidiary, LLC
Adelphia Holdings 2001, LLC
Palm Beach Group, Inc.
8
Seven A (Joint and Several Borrower Group):
Borrower:
ACC Investment Holdings, Inc.
Guarantors:
ACC Telecommunications Holdings LLC
ACC Telecommunications LLC
ACC Telecommunications of Virginia LLC
ACC-AMN Holdings, LLC
Adelphia Acquisition Subsidiary, Inc.
Adelphia Arizona, Inc.
Adelphia Cablevision, LLC
Adelphia Communications International, Inc.
Adelphia International II, LLC
Adelphia International III, LLC
Adelphia Harbor Center Holdings, LLC
Adelphia General Holdings III, Inc.
Adelphia Mobile Phones, Inc.
Adelphia Telecommunications, Inc.
Adelphia Wellsville, LLC
Chestnut Street Services, LLC
The Golf Club at Wending Creek Farms, LLC
Mercury Communications, Inc.
Page Time, Inc.
Sabres, Inc.
US Tele-Media Investment Company
Empire Sports Network, L.P.
9
Seven B (Several Borrower Group):
Borrower:
Arahova Communications, Inc.
Guarantors:
FAE Cable Management Corp.
Adelphia Blairsville, LLC
Century Colorado Springs Corp.
Century Voice and Data Communications, Inc.
Century Australia Communications Corp.
Century Oregon Cable Corp.
Century Investment Holding Corp.
Century Investors, Inc.
Owensboro-Brunswick, Inc.
Century Advertising, Inc.
Century Programming, Inc.
Century Realty Corp.
Century Federal, Inc.
Century Pacific Cable TV, Inc.
Century Cable of Southern California
Century Communications Corp.
Century Exchange, LLC
10
Seven C (Several Borrower Group):
Borrower:
Adelphia California Cablevision, LLC
Guarantors:
Adelphia Cablevision of the Kennebunks, LLC
CP-MDU I LLC
CP-MDU II LLC
Adelphia Telecommunications of Florida, Inc.
Buenavision Telecommunications, Inc.
Century Cablevision Holdings, LLC
CCC-Indiana, Inc.
CCH Indiana, L.P.
Global Cablevision II, LLC
Global Acquisition Partners, L.P.
Monument Colorado Cablevision, Inc.
Leadership Acquisition Limited Partnership
Telesat Acquisition Limited Partnership
Robinson/Plum Cablevision, L.P.
11
Holding Company Guarantors:
Adelphia Communications Corporation
ACC Operations, Inc.
ACC Holdings II, LLC
FrontierVision Holdings, LLC
FrontierVision Partners, L.P.
Adelphia GP Holdings, LLC
Montgomery Cablevision, Inc.
Adelphia Western New York Holdings, LLC
ACC Properties Holdings, LLC
ACC Properties (JB), LLC
ACC Properties 1, LLC
ACC Properties 4, LLC
ACC Properties 6, LLC
ACC Properties 103, LLC
ACC Properties 105, LLC
ACC Properties 109, LLC
ACC Properties 121, LLC
ACC Properties 122, LLC
ACC Properties 123, LLC
ACC Properties 124, LLC
ACC Properties 130, LLC
ACC Properties 146, LLC
ACC Properties 148, LLC
ACC Properties 149, LLC
ACC Properties 150, LLC
ACC Properties 151, LLC
ACC Properties 152, LLC
ACC Properties 154, LLC
ACC Properties 156, LLC
12
Annex D
TRANCHE B Commitments
TRANCHE B LENDER |
| AMOUNTS |
| |
|
|
|
| |
JPMORGAN CHASE BANK, N.A. |
| $ | 183,307,987.11 |
|
THE FOOTHILL GROUP INCORPORATED |
| $ | 10,000,000.00 |
|
WACHOVIA BANK NATIONAL ASSOCIATION |
| $ | 9,930,057.61 |
|
VAN KAMPEN SENIOR INCOME TRUST |
| $ | 2,400,000.00 |
|
VAN KAMPEN SENIOR LOAN FUND |
| $ | 1,600,000.00 |
|
CELERITY CLO LTD FKA LIGHTSPEED CLO LIMITED |
| $ | 2,516,863.00 |
|
DARIEN LOAN FUNDING COMPANY |
| $ | 2,949,410.99 |
|
FIRST 2004-I CLO, LTD. |
| $ | 2,896,078.00 |
|
FIRST 2004-II CLO, LTD. |
| $ | 1,516,863.00 |
|
LOAN FUNDING I LLC |
| $ | 1,896,079.00 |
|
TCW SELECT LOAN FUND, LIMITED |
| $ | 3,949,410.99 |
|
TCW SENIOR SECURED LOAN FUND LP |
| $ | 758,432.02 |
|
VELOCITY CLO, LTD. |
| $ | 1,516,862.98 |
|
SATELLITE SENIOR INCOME FUND II, LLC |
| $ | 8,000,000.00 |
|
THE TRAVELERS INSURANCE COMPANY |
| $ | 7,986,150.81 |
|
LCM II LIMITED PARTNERSHIP |
| $ | 4,000,000.00 |
|
LCM III LTD |
| $ | 4,000,000.00 |
|
LCM IV LTD |
| $ | 4,000,000.00 |
|
AIM FLOATING RATE FUND |
| $ | 1,000,000.00 |
|
AVALON CAPITAL LTD. |
| $ | 2,500,000.00 |
|
CHAMPLAIN CLO, LTD. |
| $ | 2,500,000.00 |
|
CHARTER VIEW PORTFOLIO |
| $ | 5,000,000.00 |
|
DIVERSIFIED CREDIT PORTFOLIO LTD. |
| $ | 1,500,000.00 |
|
LOAN FUNDING IX LLC |
| $ | 2,500,000.00 |
|
SAGAMORE CLO LTD. |
| $ | 1,500,000.00 |
|
SARATOGA CLO I, LIMITED |
| $ | 1,500,000.00 |
|
ING PRIME RATE TRUST |
| $ | 11,000,000.00 |
|
ING SENIOR INCOME FUND |
| $ | 11,000,000.00 |
|
STANWICH LOAN FUNDING LLC |
| $ | 4,000,000.00 |
|
BUSHNELL CBNA LOAN FUNDING LLC |
| $ | 4,000,000.00 |
|
STEDMAN CBNA LOAN FUNDING LLC |
| $ | 3,750,000.00 |
|
TRUMBULL THC2 LOAN FUNDING LLC |
| $ | 3,000,000.00 |
|
GULF STREAM - COMPASS CLO 2005-1, LTD. |
| $ | 3,500,000.00 |
|
GULF STREAM COMPASS CLO 2002-1 |
| $ | 4,000,000.00 |
|
GULF STREAM COMPASS CLO 2003-1, LTD. |
| $ | 2,500,000.00 |
|
GENERAL ELECTRIC CAPITAL CORPORATION |
| $ | 14,948,955.87 |
|
BALLYROCK CLO III, LIMITED |
| $ | 2,200,000.00 |
|
FIDELITY ADV SERIES II:FA FLOATING RT HIGH INC FD |
| $ | 30,350,000.00 |
|
TRANCHE B LENDER |
| AMOUNTS |
| |
|
|
|
| |
FIDELITY CENT INV PORT LLC: F FL RATE CENT INV PORT |
| $ | 2,450,000.00 |
|
EATON VANCE FLOATING RATE INCOME TRUST |
| $ | 3,753,561.78 |
|
EATON VANCE SHORT DURATION DIVERSIFIED INCOME FUND |
| $ | 496,502.89 |
|
EATON VANCE CDO III, LTD. |
| $ | 1,415,033.21 |
|
EATON VANCE CDO VI, LIMITED |
| $ | 1,817,200.55 |
|
EATON VANCE CDO VIII, LTD. |
| $ | 1,817,200.55 |
|
EATON VANCE INSTITUTIONAL SENIOR LOAN FUND |
| $ | 3,917,407.73 |
|
EATON VANCE LIMITED DURATION INCOME FUND |
| $ | 3,664,191.26 |
|
EATON VANCE SENIOR FLOATING RATE TRUST |
| $ | 3,376,219.59 |
|
EATON VANCE SENIOR INCOME TRUST |
| $ | 1,807,270.49 |
|
EATON VANCE VT FLOATING-RATE INCOME FUND |
| $ | 287,971.67 |
|
GRAYSON AND CO |
| $ | 21,319,833.71 |
|
SENIOR DEBT PORTFOLIO |
| $ | 12,278,516.24 |
|
TOLLI AND CO. |
| $ | 1,146,921.66 |
|
CALYON NEW YORK BRANCH |
| $ | 2,979,017.29 |
|
CANADIAN IMPERIAL BANK OF COMMERCE |
| $ | 10,000,000.00 |
|
LONG LANE MASTER TRUST IV |
| $ | 4,000,000.00 |
|
BLACK DIAMOND INTERNATIONAL FUNDING, LTD. |
| $ | 16,000,000.00 |
|
SPIRET IV LOAN TRUST 2003-B |
| $ | 10,000,000 |
|
AIMCO CLO, SERIES 2005-A |
| $ | 2,500,000.00 |
|
ALLSTATE LIFE INSURANCE CO. |
| $ | 9,500,000.00 |
|
GALAXY CLO 2003-1, LTD. |
| $ | 2,000,000.00 |
|
GALAXY III CLO, LTD. |
| $ | 2,000,000.00 |
|
GALAXY IV CLO, LTD. |
| $ | 4,000,000.00 |
|
SUNAMERICA LIFE INSURANCE CO. |
| $ | 10,000,000.00 |
|
SUNAMERICA SENIOR FLOATING RATE FUND INC. |
| $ | 2,000,000.00 |
|
TOTAL |
| $ | 500,000,000.00 |
|
2
ANNEX E – Part I
Borrowing Limits
Borrower |
| Initial Borrowing Limits |
| Final Borrowing Limits |
| ||
|
|
|
|
|
| ||
Century Cable Holdings, LLC |
| $ | 690,000,000 |
| $ | 650,000,000 |
|
Century-TCI California, L.P. |
| 230,000,000 |
| 250,000,000 |
| ||
UCA LLC |
| 100,000,000 |
| 75,000,000 |
| ||
Parnassos, L.P. |
| 10,000,000 |
| 10,000,000 |
| ||
FrontierVision Operating Partners, L.P. |
| 215,000,000 |
| 205,000,000 |
| ||
Olympus Cable Holdings, LLC |
| 25,000,000 |
| 25,000,000 |
| ||
ACC Investment Holdings, Inc. (Seven A) |
| 0 |
| 0 |
| ||
Arahova Communications, Inc. (Seven B) |
| 20,000,000 |
| 75,000,000 |
| ||
Adelphia California Cablevision, LLC (Seven C) |
| 10,000,000 |
| 10,000,000 |
| ||
Total: |
| $ | 1,300,000,000 |
| $ | 1,300,000,000 |
|
ANNEX F
Letter of Credit Sublimits
Borrower Group |
| Letter of Credit Sublimits |
| |
|
|
|
| |
Century Cable Holdings, LLC |
| $ | 135,000,000 |
|
Century-TCI California, L.P. |
| 110,000,000 |
| |
UCA LLC |
| 75,000,000 |
| |
Parnassos, L.P. |
| 10,000,000 |
| |
FrontierVision Operating Partners, L.P. |
| 115,000,000 |
| |
Olympus Cable Holdings, LLC |
| 25,000,000 |
| |
ACC Investment Holdings, Inc. (Seven A) |
| 0 |
| |
Arahova Communications, Inc. (Seven B) |
| 20,000,000 |
| |
Adelphia California Cablevision, LLC (Seven C) |
| 10,000,000 |
| |
Total: |
| $ | 500,000,000 |
|
EXHIBIT G
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
| ) |
| |
In re | ) | Chapter 11 Cases | |
| ) |
| |
Adelphia Communications Corporation, et al., | ) | Case No. 02-41729 (REG) | |
| ) |
| |
| Debtors. | ) | Jointly Administered |
| ) |
| |
ORDER AUTHORIZING AND APPROVING, PURSUANT TO 11 U.S.C.
§§ 105, 361, 362, 363, 364(c)(1), 364(c)(2), 364(c)(3) AND 364(d)(1), (A)
AMENDMENT AND RESTATEMENT OF DIP CREDIT AGREEMENT
TO PROVIDE FOR EXTENSION OF POST-PETITION FINANCING,
(B) RELATED COMMITMENT LETTER AND FEE LETTER, (C)
PAYMENT OF RELATED FEES AND EXPENSES, AND (D)
AMENDMENT OF CASH MANAGEMENT PROTOCOL
Upon the motion, dated February 27, 2006 (the “Motion”), of Adelphia Communications Corporation and its affiliated debtors, each as a debtor and debtor-in-possession (collectively, the “Debtors”), in the above-captioned cases, for an order authorizing and approving, pursuant to 11 U.S.C. §§105, 361, 362, 363, 364(c)(1), 364(c)(2), 364(c)(3) and 364(d)(1), the execution of the Fourth Amended and Restated Credit and Guaranty Agreement (the “Extended DIP Facility”) amending and restating the Third Amended and Restated Credit and Guaranty Agreement, dated as of February 25, 2005 (as amended and/or supplemented to date, the “Existing DIP Facility”) that was given final approval by the Court on February 22, 2005, pursuant to the Order Authorizing and Approving, Pursuant to 11 U.S.C. Sections 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3) and 364(d)(1), (A) Amendment and Restatement of DIP Credit Agreement to Provide for Extension of Post-Petition Financing, (B) Related Commitment Letter, and (C) Payment of Related Fees and Expenses (the “DIP Extension Order”), which Extended DIP Facility provides, inter alia, for an extension of the post-petition
financing for the Debtors and an amendment to the existing Cash Management Protocol; and a hearing (the “Hearing”) on the Motion having been held on March 15, 2006; and pursuant to Bankruptcy Rules 4001(b) and 4001(c)(1), Local Bankruptcy Rule 9013-1(c) and this Court’s Case Management Order #1, dated October 18, 2002, Case Management Order #2, dated March 7, 2003 and Case Management Order #3, dated July 26, 2004, due notice under the circumstances of the Motion and the Hearing having been given by the Debtors, and upon all of the pleadings filed with this Court, and after due deliberation and consideration and sufficient cause appearing therefor;
IT IS DETERMINED, ORDERED AND ADJUDGED, that:
1. This Court has core jurisdiction over these proceedings and the parties and property affected hereby pursuant to 28 U.S.C. §§157(b) and 1334.
2. The Motion is granted.
3. Capitalized terms used but not defined herein have the meanings given to them in the Motion and the Extended DIP Facility, as applicable.
4. The DIP Order, as supplemented hereby, shall continue in full force and effect.
5. The Debtors have a need to obtain an extension of their current financing and are unable to obtain adequate unsecured credit allowable under section 503(b)(1) of the Bankruptcy Code as an administrative expense.
6. The terms of the Extended DIP Facility and the other Extension Documents appear to be fair and reasonable, reflect the Debtors’ exercise of prudent business judgment consistent with their fiduciary duty and are supported by reasonably equivalent value and fair consideration. The Extended DIP Facility and the other Extension Documents have
2
been negotiated in good faith and at arm’s-length between the Debtors and the Agents, and any letters of credit and other Obligations (as defined in the Existing DIP Facility) incurred under the Extended DIP Facility shall be deemed to have been extended by the DIP Lenders in good faith, as that term is used in section 364(e) of the Bankruptcy Code.
7. The Extended DIP Facility and all documents, instruments and agreements related thereto (including, without limitation, the Commitment Letter and Fee Letter executed in connection therewith) are authorized and approved in all respects.
8. The Debtors are authorized to execute the Extended DIP Facility, and the Guarantors may guaranty all Obligations thereunder, and each shall be subject to all of the other terms and conditions provided in the Extended DIP Facility and the DIP Order.
9. The Debtors are hereby authorized to perform and take all actions necessary to make, execute and deliver all instruments and documents and to pay fees that may be reasonably required or necessary for the Debtors’ performance under the Extended DIP Facility, including, without limitation, the payments referred to in the Extended DIP Facility and the Fee Letter, and such other fees, costs and expenses as may be due from time to time including, without limitation, reasonable attorneys’ fees and disbursements. Upon execution and delivery of the Extended DIP Facility and the other Extension Documents, such documents shall constitute a valid and binding obligation of the Debtors, enforceable against each Debtor party thereto in accordance with its terms.
10. All obligations of the Debtors arising in connection with the Extended DIP Facility shall be deemed a part of the Financing under the DIP Order. Without limiting the generality of the foregoing (a) for all obligations and indebtedness arising under the Extended DIP Facility, the Agents and the DIP Lenders are granted each and every right granted to the
3
Agents and the DIP Lenders under the DIP Order in connection with the Documents and the Financing (the relevant provisions of the DIP Order being incorporated herein by reference) and (b) nothing herein adversely affects the rights granted to the Agents and the DIP Lenders under the DIP Order, which rights shall continue in full force and effect. Consistent with and not in any way limiting the foregoing, (a) the definition of “Documents” contained in the DIP Order shall be deemed to include the Extended DIP Facility, and all other agreements, documents, notes and instruments executed or delivered pursuant hereto or thereto or in connection herewith or therewith, (b) the definition of “DIP Obligations” contained in the DIP Order shall be deemed to include all obligations and indebtedness arising under, in respect of or in connection with the Extended DIP Facility (including, without limitation, all “Obligations” as defined in the Existing DIP Facility, as amended and restated in the Extended DIP Facility) and this Order, and (c) all liens, security interests, priorities and other rights, remedies, benefits, privileges and protections provided in the DIP Order with respect to or relating to the Existing DIP Facility and the Financing shall apply with equal force and effect to the Extended DIP Facility and all obligations in connection therewith or related thereto.
11. The Extended DIP Facility and the provisions of this Order shall be binding upon the Agents, the DIP Lenders and the Debtors and their respective successors and assigns (including any chapter 7 or chapter 11 trustee hereinafter appointed or elected for the estate of any of the Debtors) and inure to the benefit of the Agents, the DIP Lenders and the Debtors and their respective successors and assigns.
12. The Cash Management Protocol is hereby amended by deleting the final sentence at the end of Section 3 and replacing it in its entirety with the following new sentence at the end of Section 3 thereof:
4
Notwithstanding anything contained in this Cash Management Protocol to the contrary, including without limitation, in this Section 3, any and all amounts loaned (but in no event in excess of $130 million) to (i) Adelphia (each, an “Adelphia Loan”) by Century Cable Holdings, LLC, FrontierVision Operating Partners, L.P., Olympus Cable Holdings, LLC and UCA LLC (collectively, the “Participating Borrowers”) or (ii) ACC Investment Holdings, Inc. by Adelphia (each, a “7A Loan”), in each case, pursuant to the terms set forth in (x) that certain Order Authorizing and Approving, Pursuant to 11 U.S.C. §§ 105, 361, 362, 363, 364(c)(1), 364(c)(2), 364(c)(3) and 364(d)(1), (A) Amendment and Restatement of DIP Credit Agreement to Provide for Extension of Post-Petition Financing, (B) Related Commitment Letter and Fee Letter, (C) Payment of Related Fees and Expenses, and (D) amendment of Cash Management Protocol, dated as of March ___, 2006, (the “Fourth Extended DIP Order”) or (y) the Existing Stipulation (as defined in the motion filed by the Debtors in connection with the Fourth Extended DIP Order), shall not (1) be calculated in accordance with the terms of the matrix attached to this Cash Management Protocol, (2) bear interest on a monthly basis at the rate equal to the blended rate of interest for the relevant period with respect to amounts outstanding under the DIP Credit Agreement, (3) mature on the last business day of the month in which such loan is made or (4) be repaid on or before the nineteenth (19th) business day of the following month in which such loan is made, it being understood and agreed that each Adelphia Loan and 7A Loan shall (I) bear interest on the terms described in paragraphs 8 and 9 of the motion filed by the Debtors seeking the entry of the Fourth Extended DIP Order, (II) be repaid in full (together with any accrued and unpaid interest thereon) on the earlier of (x) the effective date of Adelphia’s plan of reorganization (in the case of the Adelphia Loan) or the effective date of the plan of reorganization of ACC Investment Holdings, Inc. (in the case of the 7A Loan), as applicable, and (y) the date on which Adelphia’s case under chapter 11 of the Bankruptcy Code (in the case of the Adelphia Loan) or ACC Investment Holdings’ case under chapter 11 of the Bankruptcy Code (in the case of the 7A Loan), as applicable, is dismissed or converted to a case under chapter 7 of the Bankruptcy Code and (III) except as otherwise set forth in this sentence, remain subject to the terms of the Cash Management Protocol, including without limitation, the terms providing that such intercompany obligations shall have the junior superpriority and secured status as set forth in the orders authorizing the Financing; provided, however, that except as expressly set forth herein, nothing contained in this sentence shall amend, modify or otherwise alter the terms of the Cash
5
Management Protocol, including without limitation, the terms of this Section 3, with respect to any and all other intercompany obligations among the Debtors (other than the intercompany obligations contemplated by this sentence), with all such other intercompany obligations remaining subject to the terms hereof, including without limitation, the requirement to make True-Up Payments with respect to all Post-Petition Intercompany Advances (other than those attributable to each Adelphia Loan, 7A Loan or as otherwise permitted by the DIP Credit Agreement) within the time frames prescribed in this Section 3.
13. In accordance with section 364(e) of the Bankruptcy Code, in the event that any or all of the provisions of this Order, the DIP Order, the Cash Management Protocol or any Extension Documents are hereinafter modified, amended, or vacated by a subsequent order of this Court or any other court, no such modification, amendment or vacation shall effect the validity, enforceability or priority of any DIP Lien or claim authorized or created hereby or thereby. Notwithstanding any such modification, amendment or vacation, any claim granted to the Agents and the DIP Lenders hereunder or under any Document arising prior to the effective date of such modification, amendment, or vacation shall be governed in all respects by the original provisions of this Order, the DIP Order and the other Documents, and the Agents and the DIP Lenders, as the case may be, shall be entitled to all of the rights, remedies, privileges, and benefits, including the DIP Liens and priorities granted herein and therein, with respect to any such claim.
14. Under the circumstances, the notice given by the Debtors of the Motion and of the Hearing constitutes due and sufficient notice of the Motion and of the Hearing.
Dated: | New York, New York |
|
| March , 2006 |
|
|
| |
|
| |
|
| |
| HONORABLE ROBERT E. GERBER | |
| UNITED STATES BANKRUPTCY JUDGE |
6
Schedule 1.01 - - Intercompany Funding Transactions
Adelphia Communications Corporation
|
| Participating Borrowers |
| ||||||||||
|
| Century Cable |
| UCA LLC |
| FrontierVision |
| Olympus Cable |
| ||||
$30MM Intercompany Loan to Silo 7A |
| $ | 9,600,000 |
| $ | 4,200,000 |
| $ | 5,700,000 |
| $ | 10,500,000 |
|
|
|
|
|
|
|
|
|
|
| ||||
$320MM Intercompany Loan to Holding Company Guarantors |
| $ | 102,400,000 |
| $ | 44,800,000 |
| $ | 60,800,000 |
| $ | 112,000,000 |
|
Schedule 23-1 - Real Property Proceeds Account
Adelphia Communications Corporation
|
| Balance as of March 17, 2006(1) |
|
Real Property Proceeds Account |
| 3,371,593.95 |
|
(1) Balance excludes interest accrued in respect of amounts on deposit in the Real Property Proceeds Account which has not been credited to such account, which interest will be paid promptly following the date on which such interest is credited thereto.
Schedule 24-1 - Letter of Credit Cash Collateral Accounts
Adelphia Communications Corporation
LC Collateral Cash Accounts |
| Balance as of |
|
Olympus Cable Holdings, LLC |
| 20,498,684.73 |
|
Arahova Communications, Inc. (7B) |
| 1,671,082.08 |
|
(1) Balance excludes interest accrued in respect of amounts on deposit in each Letter of Credit Account referenced above which has not been credited to such account, which interest will be paid promptly following the date on which such interest is credited thereto.
Schedule 27-1 - Borrowings Outstanding and Accrued Interest
Adelphia Communications Corporation
Total Borrowings Outstanding and Accrued Interest as of March 17, 2006
Legal Entity |
| Tranche |
| Date Borrowed |
| Principal |
| Applicable |
| Accrued Interest |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Century Cable Holdings, LLC |
| Tranche B |
| February 27, 2006 |
| $ | 289,499,158.60 |
| 6.875 | % | $ | 995,175.00 |
|
Century Cable Holdings, LLC |
| Tranche A |
| March 9, 2006 |
| 3,000,000.00 |
| 7.000 | % | 4,666.67 |
| ||
Century Cable Holdings, LLC |
| Tranche A |
| February 24, 2006 |
| 1,000,000.00 |
| 6.875 | % | 4,010.42 |
| ||
Century Cable Holdings, LLC |
| Tranche A |
| February 28, 2006 |
| 56,000,000.00 |
| 6.875 | % | 181,805.56 |
| ||
Century Cable Holdings, LLC |
| Tranche A |
| March 6, 2006 |
| 6,240,849.45 |
| 6.938 | % | 13,229.30 |
| ||
Century Cable Holdings, LLC |
| Tranche A |
| March 13, 2006 |
| 16,000,000.00 |
| 7.000 | % | 12,444.44 |
| ||
Century Cable Holdings, LLC |
| Tranche A |
| February 17, 2006 |
| 34,000,000.00 |
| 6.875 | % | 181,805.56 |
| ||
Century Cable Holdings, LLC |
| Tranche A |
| February 21, 2006 |
| 114,593,690.99 |
| 6.875 | % | 525,221.08 |
| ||
Century Borrower Group Total |
|
|
|
|
| 520,333,699.04 |
|
|
| 1,918,358.03 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Century-TCI California, LP |
| Tranche B |
| February 27, 2006 |
| 149,740,944.11 |
| 6.875 | % | 514,745.69 |
| ||
Century-TCI California, LP |
| Tranche A |
| March 13, 2006 |
| 5,000,000.00 |
| 7.000 | % | 3,888.89 |
| ||
Century-TCI California, LP |
| Tranche A |
| March 14, 2006 |
| 3,000,000.00 |
| 7.000 | % | 1,750.00 |
| ||
Century-TCI California, LP |
| Tranche A |
| February 28, 2006 |
| 4,000,000.00 |
| 6.875 | % | 12,986.11 |
| ||
Century-TCI California, LP |
| Tranche A |
| February 17, 2006 |
| 13,000,000.00 |
| 6.875 | % | 69,513.89 |
| ||
Century-TCI California, LP |
| Tranche A |
| March 6, 2006 |
| 17,869,913.48 |
| 6.938 | % | 37,880.49 |
| ||
Century-TCI California, LP |
| Tranche A |
| March 10, 2006 |
| 1,000,000.00 |
| 7.000 | % | 1,361.11 |
| ||
Century-TCI Borrower Group Total |
|
|
|
|
| 193,610,857.59 |
|
|
| 642,126.18 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
UCA LLC |
| Tranche A |
| February 28, 2006 |
| 37,000,000.00 |
| 6.875 | % | 120,121.53 |
| ||
UCA LLC |
| Tranche A |
| February 17, 2006 |
| 12,308,827.02 |
| 6.875 | % | 65,818.03 |
| ||
UCA LLC |
| Tranche A |
| March 6, 2006 |
| 1,828,856.75 |
| 6.938 | % | 3,876.80 |
| ||
UCA Borrower Group Total |
|
|
|
|
| 51,137,683.77 |
|
|
| 189,816.36 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
FrontierVision Operating Partners, LP |
| Tranche B |
| February 27, 2006 |
| 59,896,377.64 |
| 6.875 | % | 205,898.28 |
| ||
FrontierVision Operating Partners, LP |
| Tranche A |
| March 6, 2006 |
| 4,712,750.27 |
| 6.938 | % | 9,990.05 |
| ||
FrontierVision Operating Partners, LP |
| Tranche A |
| March 9, 2006 |
| 3,000,000.00 |
| 7.000 | % | 4,666.67 |
| ||
FrontierVision Operating Partners, LP |
| Tranche A |
| March 14, 2006 |
| 3,000,001.00 |
| 7.000 | % | 1,750.00 |
| ||
FrontierVision Operating Partners, LP |
| Tranche A |
| February 28, 2006 |
| 49,740,134.98 |
| 6.875 | % | 161,482.73 |
| ||
FrontierVision Operating Partners, LP |
| Tranche A |
| February 17, 2006 |
| 28,377,467.03 |
| 6.875 | % | 151,740.62 |
| ||
FrontierVision Borrower Group Total |
|
|
|
|
| 148,726,730.92 |
|
|
| 535,528.35 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Total Borrowings under DIP Outstanding on 3/17/06 |
|
|
|
|
| $ | 913,808,971.32 |
|
|
| $ | 3,285,828.92 |
|
Schedule 27-2 - Outstanding Letters of Credit
Adelphia Communications Corporation
Total Letter of Credit Outstandings as of March 17, 2006
Total Century Borrower Group |
| Tranche A |
| 18,607,463.37 |
| |
Total Century - TCI Borrower Group |
| Tranche A |
| 13,809,594.07 |
| |
Total UCA Borrrower Group |
| Tranche A |
| 6,299,473.56 |
| |
Total Parnassos Borrower Group |
| Tranche A |
| 5,654,436.27 |
| |
Total Frontiervision Borrower Group |
| Tranche A |
| 14,074,941.61 |
| |
Total Olympus Borrower Group |
| Tranche A |
| 20,279,106.02 |
| |
Total 7B Borrower Group |
| Tranche A |
| 1,519,401.89 |
| |
Total 7C Borrower Group |
| Tranche A |
| 3,554,403.73 |
| |
|
|
|
|
|
| |
Total Letter of Credit Outstandings on 3/17/2006 |
|
|
| $ | 83,798,820.52 |
|