Exhibit 10.2
AMENDMENT NO. 1 TO THE
REVOLVING CREDIT AGREEMENT
Dated as of March 12, 2007
AMENDMENT NO. 1 TO THE REVOLVING CREDIT AGREEMENT (this
"Amendment"), among Building Materials Corporation of America, BMCA Acquisition
Inc. and BMCA Acquisition Sub Inc. (the "Borrowers"), the banks, financial
institutions and other institutional lenders parties as lenders to the Credit
Agreement referred to below (collectively, the "Existing Lenders"), the banks,
financial institutions and other institutional lenders which will become parties
to such Credit Agreement and are parties to this Amendment (the "Additional
Lenders") and Deutsche Bank AG New York Branch, as administrative agent (the
"Administrative Agent") for the Lenders.
PRELIMINARY STATEMENTS:
(1) The Borrowers, the Existing Lenders and the Administrative
Agent have entered into a Revolving Credit Agreement dated as of February 22,
2007 (the "Credit Agreement"). Capitalized terms not otherwise defined in this
Amendment have the same meanings as specified in the Credit Agreement.
(2) The Borrowers, the Existing Lenders and the Administrative
Agent have agreed to amend the Credit Agreement as hereinafter set forth and the
Additional Lenders have agreed to become Lenders under the Credit Agreement.
SECTION 1. Amendments to Credit Agreement. The Credit
Agreement is, effective as of the date hereof and subject to the satisfaction of
the conditions precedent set forth in Section 2, hereby amended as follows:
(a) Clause (b) of Preliminary Statement (1) is amended in its
entirety to read as follows:
"(b) entering into a $325,000,000 Bridge Loan Agreement with
Deutsche Bank AG Cayman Islands Branch, as collateral agent
and as administrative agent, and the other financial
institutions party thereto (such Bridge Loan Agreement, as
amended, restated, supplemented or otherwise modified,
replaced or refinanced, including an amendment and restatement
thereof by the Junior Lien Term Loan Agreement, entered into
on or about March 14, 2007, with Deutsche Bank AG New York
Branch, as collateral agent and as administrative agent, the
`Bridge Loan Facility')."
(b) The definition of "Commitment" in Section 1.01 is amended
in full to read as follows:
"`Commitment' means a Revolving Credit Commitment or a Swing
Line Commitment, as the context may require."
(c) The definition of "Letter of Credit Commitment" in Section
1.01 is deleted.
(d) The definition of "Obligations" in Section 1.01 is amended
by deleting the word "and" before "(c)" and replacing it with "," and adding at
the end of such definition the following: "and (d) the obligation of any Loan
Party in respect of any Secured Hedge Agreement."
(e) The term "Option Shares" in Section 1.01 is amended by
replacing such term with the term "Option Stock".
(f) The definition of "Secured Obligations" in Section 1.01 is
amended by deleting the word "Debt" therein and replacing it with the word
"Obligations".
(g) The definition of "Termination Date" in Section 1.01 is
amended by deleting the words ", the Letter of Credit Commitment".
(h) Section 2.06(b)(i) is amended by adding before the word
"shall" therein the following: "or from any Extraordinary Receipts in respect of
the Collateral".
(i) Section 2.06(b)(ii) is amended by adding after the words
"Term Loan Facility" the words "or the Bridge Loan Facility".
(j) The first paragraph of Section 2.11(f) is amended by
adding after the word "Documents" in the fourth line thereof the following: "(or
to cash collateralize any Letter of Credit to the extent required at such time
pursuant to the terms hereof)".
(k) Section 2.11(f)(viii) is amended in its entirety to read
as follows:
"(viii) eighth, to the payment of the principal amount of all
of the outstanding Advances that is due and payable to the
Administrative Agent and the Lender Parties on such date and the cash
collateralization of each Letter of Credit outstanding on such date to
the extent required to be collateralized at such time pursuant to the
terms hereof at 100% of the Available Amount thereof, ratably based
upon the respective aggregate amounts of all such principal owing to
the Administrative Agent and the Lender Parties on such date and the
Available Amount of all outstanding Letters of Credit on such date;"
(l) Section 5.02(f)(v) is amended by deleting the words
"Schedule 4.01(s)" therein and replacing them with the words "Schedule 4.01(r)".
(m) Section 5.02(f)(vii)(C) is amended by deleting the word
"contingent" in such Section.
(n) Section 5.02(j)(vi) is amended by adding at the end
thereof the following: ", provided, however, that repayment of Debt to G-1
Holdings or BMCA Holdings Corporation is subject to the provisions of clause
(vii)(A) below.".
2
(o) Section 6.01 is amended by deleting the word "BMCA" the
first time it appears in the last proviso in such Section and replacing it with
the following: "any Borrower".
(p) Section 7.05(a) is amended by adding at the end of the
first parenthetical therein the following: "and without limiting the Borrowers'
obligation to do so to the extent required pursuant to Section 8.04".
(q) Section 8.01(a) is amended by adding the words "the
Intercreditor Agreement" after the word "Guaranty" in the second parenthetical
in such Section.
(r) Section 8.01(a)(ii) is amended by adding at the beginning
of such Section the following: "amend the definitions of `Required Lenders',
`Super Majority Lenders' or `Pro Rata Share', amend the second sentence in
Section 2.11(a) or".
(s) Section 8.01(a)(iv) is amended by adding after the word
"transactions" therein the following: "or modify the priority of the rights of
any Lender Party or any Agent in the Collateral as provided in the Intercreditor
Agreement".
(t) Section 8.01(a)(viii) is amended by adding after the word
"hereunder" therein the following: "or modify the definition of `Termination
Date' to extend the period in which the Commitments of the Lenders are available
hereunder".
(u) Section 8.01(b) is amended by adding after the word "may"
in the seventh line thereof the following: ", with the Borrowers responsible for
the payment of any assignment fee,".
(v) Section 8.07(g) is amended by deleting the words "the
undrawn portion of its Letter of Credit Commitment" and replacing them with the
words "this Agreement".
(w) Section 8.10 is amended to add at the end thereof the
following: "and to any SPC, any trustee thereof and its legal and financial
advisors, and then only on a confidential basis".
(x) Schedule I to the Credit Agreement is replaced in its
entirety by Annex A attached hereto.
(y) Schedule 4.01(r) is replaced in its entirety by Annex B
attached hereto.
(z) The Credit Agreement is amended to add the Additional
Lenders as Lenders thereunder.
SECTION 2. Conditions of Effectiveness. This Amendment shall
become effective as of the date first above written when, and only when, the
Administrative Agent shall have received counterparts of this Amendment executed
by the Borrowers, the Existing Lenders and the Additional Lenders or, as to any
of the Existing Lenders or Additional Lenders, advice satisfactory to the
Administrative Agent that it has executed this Amendment and the consent
attached hereto executed by each Guarantor.
3
SECTION 3. Additional Lenders, Prepayment and Borrowing. The
Revolving Credit Commitment of each Lender, after giving effect to this
Amendment, is as set forth on Annex A hereto. Solely to facilitate the
Additional Lenders becoming parties to the Credit Agreement and the reallocation
of outstanding Advances and participations in Letters of Credit among the
Lenders to reflect their Pro Rata Share of the Commitments, on the date this
Amendment becomes effective or as soon thereafter as determined by the
Administrative Agent and the Borrowers and notified to the Lenders, and
notwithstanding anything to the contrary in the Credit Agreement, including
without limitation Section 3.02 thereof, the Borrowers will obtain Revolving
Credit Advances from the Lenders ratably according to their respective Revolving
Credit Commitments and in an aggregate amount equal to the aggregate outstanding
amount of Revolving Credit Advances, and the Administrative Agent, on behalf of
the Borrowers, shall apply the proceeds of such Revolving Credit Advances made
by the Lenders to prepay the aggregate amount of Revolving Credit Advances of
each Existing Lender outstanding prior thereto.
SECTION 4. Representations and Warranties of the Borrowers.
Each Borrower represents and warrants that this Amendment has been duly executed
and delivered by such Borrower, and this Amendment and the Credit Agreement, as
amended hereby, are legal, valid and binding obligations of such Borrower,
enforceable against such Borrower in accordance with their respective terms,
except as enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of
creditors' rights generally and by general equitable principles.
SECTION 5. Reference to and Effect on the Credit Agreement and
the Loan Documents. (a) On and after the effectiveness of this Amendment, each
reference in the Credit Agreement to "this Agreement", "hereunder", "hereof" or
words of like import referring to the Credit Agreement, and each reference in
the Notes and each of the other Loan Documents to "the Credit Agreement",
"thereunder", "thereof" or words of like import referring to the Credit
Agreement, shall mean and be a reference to the Credit Agreement, as amended by
this Amendment.
(b) The Credit Agreement, as amended by this Amendment, and
each of the other Loan Documents are and shall continue to be in full force and
effect and are hereby in all respects ratified and confirmed.
(c) The execution, delivery and effectiveness of this
Amendment shall not, except as expressly provided herein, operate as a waiver of
any right, power or remedy of any Lender or the Agent under the Credit
Agreement, nor constitute a waiver of any provision of the Credit Agreement.
SECTION 6. Costs, Expenses. The Borrowers agree, jointly and
severally, to pay on demand all costs and expenses of the Administrative Agent
in connection with the preparation, execution, delivery and administration,
modification and amendment of this Amendment and the other instruments and
documents to be delivered hereunder (including, without limitation, the
reasonable and documented fees and expenses of counsel for the Administrative
Agent) in accordance with the terms of Section 8.04 of the Credit Agreement.
4
SECTION 7. Execution in Counterparts. This Amendment may be
executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute but one and the same
agreement. Delivery of an executed counterpart of a signature page to this
Amendment or the consent attached hereto by telecopier or electronic mail shall
be effective as delivery of a manually executed counterpart of this Amendment or
such consent.
SECTION 8. Governing Law. This Amendment shall be governed by,
and construed in accordance with, the laws of the State of New York.
5
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be executed by their respective officers thereunto duly authorized,
as of the date first above written.
BUILDING MATERIALS CORPORATION OF AMERICA
BMCA ACQUISITION INC.
BMCA ACQUISITION SUB INC.
By /s/ John M. Maitner
-------------------------------------------
Name: John M. Maitner
Title: Vice President & Treasurer
Signature Page to Amendment No. 1
Revolving Credit Agreement
DEUTSCHE BANK AG NEW YORK BRANCH,
as Administrative Agent and as Lender
By /s/ Marguerite Sutton
-------------------------------------------
Name: Marguerite Sutton
Title: Director
By /s/ Paul O'Leary
-------------------------------------------
Name: Paul O'Leary
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
JPMORGAN CHASE BANK, N.A.,
as Lender
By /s/ John M. Hariaczyi
-------------------------------------------
Name: John M. Hariaczyi
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
THE CIT GROUP/BUSINESS CREDIT, INC.,
as Lender
By /s/ Evelyn Kusold
-------------------------------------------
Name: Evelyn Kusold
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
CITICORP USA, INC.,
as Lender
By /s/ Jeffrey Nitz
-------------------------------------------
Name: Jeffrey Nitz
Title: Director
Signature Page to Amendment No. 1
Revolving Credit Agreement
GENERAL ELECTRIC CAPITAL CORPORATION,
as Lender
By /s/ Mark Dowling
-------------------------------------------
Name: Mark Dowling
Title: Duly Authorized Signatory
Signature Page to Amendment No. 1
Revolving Credit Agreement
IXIS FINANCIAL PRODUCTS INC.,
as Lender
By /s/ Neal A. Sobal
-------------------------------------------
Name: Neal A. Sobal
Title: Managing Director
By /s/ Christopher Hayden
-------------------------------------------
Name: Christopher Hayden
Title: Managing Director
Signature Page to Amendment No. 1
Revolving Credit Agreement
WACHOVIA BANK, NATIONAL ASSOCIATION.,
as Lender
By /s/ Alex Lurye
-------------------------------------------
Name: Alex Lurye
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
BANK OF AMERICA, N.A.,
as Additional Lender
By /s/ Robert Scalzitti
-------------------------------------------
Name: Robert Scalzitti
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
NATIONAL CITY BUSINESS CREDIT, INC.,
as Additional Lender
By /s/ Jason Hanes
-------------------------------------------
Name: Jason Hanes
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
UPS CAPITAL CORPORATION,
as Additional Lender
By /s/ John P. Halloway
-------------------------------------------
Name: John P. Halloway
Title: Director of Portfolio Management
Signature Page to Amendment No. 1
Revolving Credit Agreement
WELLS FARGO FOOTHILL, LLC,
as Additional Lender
By /s/ Juan Barrera
-------------------------------------------
Name: Juan Barrera
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
ALLIED IRISH BANKS, p.l.c.,
as Additional Lender
By /s/ Martin Chin
-------------------------------------------
Name: Martin Chin
Title: Senior Vice President
By /s/ Eanna P. Mulkere
-------------------------------------------
Name: Eanna P. Mulkere
Title: Assistant Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
BAYERISCHE LANDESBANK
- NEW YORK BRANCH, as Additional Lender
By /s/ Edward J. Cripps
-------------------------------------------
Name: Edward J. Cripps
Title: Vice President
By /s/ Georgina Fiordalisi
-------------------------------------------
Name: Georgina Fiordalisi
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
BURDALE FINANCIAL LIMITED,
as Additional Lender
By /s/ N.B. Hegg
-------------------------------------------
Name: N.B. Hegg
Title: Director
By /s/ S.T. Wait
-------------------------------------------
Name: S.T. Wait
Title: Director
Signature Page to Amendment No. 1
Revolving Credit Agreement
GMAC COMMERCIAL FINANCE LLC,
as Additional Lender
By /s/ Robert J. Bradow
-------------------------------------------
Name: Robert J. Bradow
Title: Director
Signature Page to Amendment No. 1
Revolving Credit Agreement
MERRILL LYNCH CAPITAL, A DIVISION OF
MERRILL LYNCH BUSINESS FINANCIAL SERVICES INC.,
as Additional Lender
By /s/ Richard Holston
-------------------------------------------
Name: Richard Holston
Title: Vice President
Signature Page to Amendment No. 1
Revolving Credit Agreement
UBS LOAN FINANCE LLC,
as Additional Lender
By /s/ Richard L. Tavrow
-------------------------------------------
Name: Richard L. Tavrow
Title: Director,
Banking Products Services, US
By /s/ Irja R. Olsa
-------------------------------------------
Name: Irja R. Olsa
Title: Associate Director,
Banking Products Services, US
Signature Page to Amendment No. 1
Revolving Credit Agreement
CONSENT
Dated as of March 12, 2007
Each of the undersigned, as a Guarantor under the Guaranty
dated February 22, 2007 (the "Guaranty") and as a Grantor under the Security
Agreement dated February 22, 2007 (the "Security Agreement"), in each case in
favor of the Administrative Agent and for its benefit and the benefit of the
Secured Parties (as defined in the Credit Agreement referred to in the foregoing
Amendment), hereby consents to such Amendment and hereby confirms and agrees
that (a) notwithstanding the effectiveness of such Amendment, the Guaranty, the
Security Agreement and the other Collateral Documents (as defined in such Credit
Agreement) to which it is a party are, and shall continue to be, in full force
and effect and are hereby ratified and confirmed in all respects, except that,
on and after the effectiveness of such Amendment, each reference in the
Guaranty, the Security Agreement and such other Collateral Documents to the
"Credit Agreement", "thereunder", "thereof" or words of like import shall mean
and be a reference to the Credit Agreement, as amended by such Amendment, and
(b) the Collateral Documents to which such Guarantor is a party and all of the
Collateral described therein do, and shall continue to, secure the payment of
all of the Secured Obligations (in each case, as defined therein).
BUILDING MATERIALS CORPORATION OF AMERICA
BMCA ACQUISITION INC.
BMCA ACQUISITION SUB INC
BMCA FRESNO LLC
BMCA FRESNO II LLC
BMCA GAINESVILLE LLC
BMCA INSULATION PRODUCTS INC.
BMCA QUAKERTOWN INC.
BUILDING MATERIALS INVESTMENT CORPORATION
BUILDING MATERIALS MANUFACTURING CORPORATION
DUCTWORK MANUFACTURING CORPORATION
GAF LEATHERBACK CORP.
GAF MATERIALS CORPORATION (CANADA)
GAF PREMIUM PRODUCTS INC.
GAF REAL PROPERTIES, INC.
GAFTECH CORPORATION
HBP ACQUISITION LLC
LL BUILDING PRODUCTS INC.
PEQUANNOCK VALLEY CLAIM SERVICE COMPANY, INC.
SOUTH PONCA REALTY CORP.
WIND GAP REAL PROPERTY ACQUISITION CORP.
By /s/ John M. Maitner
--------------------------------------------
Name: John M. Maitner
Title: Vice President & Treasurer
Consent to Amendment No. 1
Revolving Credit Agreement
ANNEX A
SCHEDULE I
COMMITMENTS AND APPLICABLE LENDING OFFICES
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Deutsche Bank AG New $45,000,000.00 $25,000,000.00 Credit Contact: Credit Contact:
York Branch Marguerite Sutton Marguerite Sutton
Director Director
Deutsche Bank Deutsche Bank
60 Wall Street, MS NYC60-0208 60 Wall Street, MS NYC60-0208
New York, NY 10005 New York, NY 10005
Phone: (212) 250-6150 Phone: (212) 250-6150
Fax: (212) 797-4655 Fax: (212) 797-4655
E-Mail: marguerite.sutton@db.com E-Mail: marguerite.sutton@db.com
Operations Contact (including borrowing Operations Contact (including
notices): borrowing notices):
Sandra Friedman Sandra Friedman
Deutsche Bank AG New York Branch Deutsche Bank AG New York Branch
100 Plaza One 100 Plaza One
Jersey City, NJ 07311-3901 Jersey City, NJ 07311-3901
Phone: (201) 593-2445 Phone: (201) 593-2445
Fax: : (201) 593-2309 Fax: : (201) 593-2309
E-mail: sandra.friedman@db.com E-mail: sandra.friedman@db.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
JPMorgan Chase Bank, $45,000,000.00 JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A.
N.A. 120 S. LaSalle Street 120 S. LaSalle Street
Chicago, IL 60603-3403 Chicago, IL 60603-3403
Credit Contact: Credit Contact:
John Hariaczyi John Hariaczyi
Vice President Vice President
One Chase Square One Chase Square
Tower 25 Tower 25
Rochester, NY 14643 Rochester, NY 14643
Phone: (585) 258-6903 Phone: (585) 258-6903
Fax: (585) 258-7440 Fax: (585) 258-7440
E-mail: john.hariaczyi@jpmorgan.com E-mail: john.hariaczyi@jpmorgan.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
1
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Operations Contact: Operations Contact:
Keely Hicks Keely Hicks
Part/Synd Specialist Part/Synd Specialist
120 S. LaSalle, 8th Floor 120 S. LaSalle, 8th Floor
Chicago, IL 60690 Chicago, IL 60690
Phone: (312) 661-1678 Phone: (312) 661-1678
Fax: (312) 661-1686 Fax: (312) 661-1686
E-mail: keely.hicks@jpmorgan.com E-mail: keely.hicks@jpmorgan.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
The CIT Group/Business $45,000,000.00 The CIT Group/Business Credit, Inc. The CIT Group/Business Credit, Inc.
Credit, Inc. 11 West 42nd Street, 13th Floor 11 West 42nd Street, 13th Floor
New York, NY 10036 New York, NY 10036
Credit Contact: Credit Contact:
Attn: Evelyn Kusold Attn: Evelyn Kusold
Phone: (212) 461-7726 Phone: (212) 461-7726
Fax: (212) 461-7762 Fax: (212) 461-7762
E-mail: evelyn.kusold@cit.com E-mail: evelyn.kusold@cit.com
Operations Contact: Operations Contact:
Attn: Judy Crews Attn: Judy Crews
Phone: 434-773-2006 Phone: (434) 773-2006
Fax: 800-394-9508 Fax: (800) 394-9508
E-mail: judy.crews@cit.com E-mail: judy.crews@cit.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Citicorp USA, Inc. $45,000,000.00 Citicorp USA, Inc. Citicorp USA, Inc.
2 Penns Way, 1st Floor 2 Penns Way, 1st Floor
New Castle, DE 19720 New Castle, DE 19720
Credit Contact: Credit Contact:
Jeffrey Nitz Jeffrey Nitz
Phone: (212) 816-7845 Phone: (212) 816-7845
Fax: (212) 816-2613 Fax: (212) 816-2613
E-mail: jeffrey.nitz@citigroup.com E-mail: jeffrey.nitz@citigroup.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
2
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Operations Contact: Operations Contact:
Carmen Otero Carmen Otero
Phone: (302) 894-6111 Phone: (302) 894-6111
Fax: (212) 994-0849 Fax: (212) 994-0849
E-mail: carmen.otero@citigroup.com E-mail: carmen.otero@citigroup.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
General Electric $45,000,000.00 Credit Contact: Credit Contact:
Capital Corporation Mark Dowling Mark Dowling
Vice President Vice President
Risk Risk
GE Commercial Financial Services GE Commercial Financial Services
401 Merritt 7 401 Merritt 7
Norwalk, CT 06851 Norwalk, CT 06851
Phone: 203-229-1486 Phone: 203-229-1486
Fax: 203-229-5643 Fax: 203-229-5643
E-mail: Mark.Dowling@ge.com E-mail: Mark.Dowling@ge.com
Operations Contact: Operations Contact:
GE Corporate Financial Services GE Corporate Financial Services
201 Merritt 7 201 Merritt 7
Norwalk, CT 06851 Norwalk, CT 06851
Attn: Carol M. Rose Attn: Carol M. Rose
Phone: (203) 229-5705 Phone: (203) 229-5705
Fax: (203) 229-5787 Fax: (203) 229-5787
E-mail: Carol.Rose@GE.com E-mail: Carol.Rose@GE.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
IXIS Financial $5,000,000.00 IXIS Financial Products Inc. IXIS Financial Products Inc.
Products Inc. 9 W. 57th Street 9 W. 57th Street
New York, NY 10019 New York, NY 10019
Credit Contact Credit Contact
Matt Burke Matt Burke
Vice President Vice President
9 W. 57th Street, 36th Floor 9 W. 57th Street, 36th Floor
New York, NY 10019 New York, NY 10019
Phone: (212) 891-1845 Phone: (212) 891-1845
Fax: (212) 891-1806 Fax: (212) 891-1806
E-mail: m.burke@ixiscm.com E-mail: m.burke@ixiscm.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
3
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Operations Contact: Operations Contact:
Rachael Van Wyckhouse Rachael Van Wyckhouse
Operations Manager Operations Manager
Plaza V - 31st Floor Plaza V - 31st Floor
Harborside Financial Center Harborside Financial Center
Jersey City, NJ 07311 Jersey City, NJ 07311
Phone: (201) 761-6516 Phone: (201) 761-6516
Fax: (201) 761-6986 Fax: (201) 761-6986
E-mail: r.vanwyckhouse@ixiscm.com E-mail: r.vanwyckhouse@ixiscm.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Wachovia Bank, $45,000,000.00 Wachovia Bank, N.A. Wachovia Bank, N.A.
National Association 1133 Avenue of the Americas 1133 Avenue of the Americas
New York, NY 10036 New York, NY 10036
Credit Contact: Credit Contact:
Alex Lurye Alex Lurye
Vice President Vice President
Phone: (212) 545-4387 Phone: (212) 545-4387
Fax: (212) 545-4283 Fax: (212) 545-4283
E-mail: alex.lurye@wachovia.com E-mail: alex.lurye@wachovia.com
Operations Contact: Operations Contact:
Adam Becker Adam Becker
Collateral Analyst Collateral Analyst
Phone: (212) 545-4372 Phone: (212) 545-4372
Fax: (866) 502-2873 Fax: (866) 502-2873
E-mail: adam.becker@wachovia.com E-mail: adam.becker@wachovia.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Bank of America, N.A. $32,500,000.00 Bank of America, N.A. Bank of America, N.A.
Credit Contact: Credit Contact:
Robert Scalzitti Robert Scalzitti
Vice President, Senior Client Manager Vice President,
Senior Client Manager
335 Madison Avenue, 6th Floor 335 Madison Avenue, 6th Floor
New York, NY 10017 New York, NY 10017
Phone: (212) 503-7837 Phone: (212) 503-7837
Fax: (212) 503-7330 Fax: (212) 503-7330
E-mail: E-mail:
robert.m.scalzitti@bankofamerica.com robert.m.scalzitti@bankofamerica.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
4
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Operations Contact:
Laura Tracy Operations Contact:
Senior Operations Analyst Laura Tracy
20975 Swenson Drive, Suite 200 Senior Operations Analyst
Waukesha, WI 53186 20975 Swenson Drive, Suite 200
Phone: (262) 798-4852 Waukesha, WI 53186
Fax: (312) 453-6280 Phone: (262) 798-4852
E-Mail: laura.tracy@bankofamerica.com Fax: (312) 453-6280
E-Mail:
laura.tracy@bankofamerica.com
Back-Up Operations Contact:
Terese Tokarski Back-Up Operations Contact:
Operations Analyst Terese Tokarski
Phone: (262) 798-4821 Operations Analyst
Fax: (312) 453-6581 Phone: (262) 798-4821
E-Mail: Fax: (312) 453-6581
terese.tokarski@bankofamerica.com E-Mail:
terese.tokarski@bankofamerica.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
National City $35,000,000.00 National City Business Credit, Inc. National City Business Credit, Inc.
Business Credit, Inc. 1965 E. 6th Street, Suite 400 1965 E. 6th Street, Suite 400
Locator #3049 Locator #3049
Cleveland, OH 44114 Cleveland, OH 44114
Credit Contact: Credit Contact:
Jason Hanes, Vice President Jason Hanes, Vice President
Phone: (216) 222-9508 Phone: (216) 222-9508
Fax: (216) 222-3655 Fax: (216) 222-3655
E-mail: jason.hanes@nationalcity.com E-mail:
jason.hanes@nationalcity.com
Operations Contact: Operations Contact:
David McFarland, Sr. Associate David McFarland, Sr. Associate
Phone: (216) 222-5326 Phone: (216) 222-5326
Fax: (216) 222-9555 Fax: (216) 222-9555
E-mail: ncbcoperations@nationalcity.com E-mail:
ncbcoperations@nationalcity.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
5
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Operations Contact Backup: Operations Contact Backup:
Diana Nowak, VP Diana Nowak, VP
Phone: (216) 222-9173 Phone: (216) 222-9173
Fax: (216) 222-9555 Fax: (216) 222-9555
E-mail: ncbcoperations@nationalcity.com E-mail:
ncbcoperations@nationalcity.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
UPS Capital $25,000,000.00 UPS Capital Corporation UPS Capital Corporation
Corporation 35 Glenlake Parkway 35 Glenlake Parkway
Atlanta, GA 30345 Atlanta, GA 30345
Credit Contact: Credit Contact:
Courtney Alexander Courtney Alexander
Senior Portfolio Manager Senior Portfolio Manager
Phone: (404) 828-4856 Phone: (404) 828-4856
Fax: (404) 828-3775 Fax: (404) 828-3775
E-mail: courtneyalexander@ups.com E-mail: courtneyalexander@ups.com
Operations Contact: Operations Contact:
Stephanie Richardson Stephanie Richardson
Collateral Analyst Collateral Analyst
Phone: (404) 828-8571 Phone: (404) 828-8571
Fax: (404) 828-3775 Fax: (404) 828-3775
E-mail: sdrichardson@ups.com E-mail: sdrichardson@ups.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Wells Fargo $45,000,000.00 Wells Fargo Foothill, LLC Wells Fargo Foothill, LLC
Foothill, LLC 2450 Colorado Avenue 2450 Colorado Avenue
Suite 3000 West Suite 3000 West
Santa Monica, CA 90404 Santa Monica, CA 90404
Credit Contact: Credit Contact:
Jeff Royston Jeff Royston
Vice President Vice President
Phone: (310) 453-7259 Phone: (310) 453-7259
Fax: (310) 453-7446 Fax: (310) 453-7446
E-Mail: jroyston@wffoothill.com E-Mail: jroyston@wffoothill.com
Operations Contact: Operations Contact:
Dave Warga Dave Warga
Account Analyst Account Analyst
Phone: (310) 453-7215 Phone: (310) 453-7215
Fax: (310) 453-7446 Fax: (310) 453-7446
E-Mail: dwarga@wffoothill.com E-Mail: dwarga@wffoothill.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
6
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Allied Irish Banks, $30,000,000.00 Allied Irish Banks, p.l.c. Allied Irish Banks, p.l.c.
p.l.c. Bankcentre, Bankcentre,
Ballsbridge Ballsbridge
Dublin 4 Dublin 4
Ireland Ireland
Credit Contact: Credit Contact:
Martin Chin Martin Chin
Allied Irish Banks, p.l.c. Allied Irish Banks, p.l.c.
601 S. Figueroa Street 601 S. Figueroa Street
Suite 4650 Suite 4650
Los Angeles, CA 90017 Los Angeles, CA 90017
Phone: (213) 593-4765 Phone: (213) 593-4765
Fax: (213) 593-4766 Fax: (213) 593-4766
E-Mail: martin.chin@aibla.com E-Mail: martin.chin@aibla.com
Backup Credit Contact: Backup Credit Contact:
Eanna Mulkere Eanna Mulkere
Allied Irish Banks, p.l.c. Allied Irish Banks, p.l.c.
601 S. Figueroa Street 601 S. Figueroa Street
Suite 4650 Suite 4650
Los Angeles, CA 90017 Los Angeles, CA 90017
Phone: (213) 593-4766 Phone: (213) 593-4766
Fax: (213) 593-4766 Fax: (213) 593-4766
E-Mail: eanna.p.mulkere@aib.ie E-Mail: eanna.p.mulkere@aib.ie
Operations Contact: Operations Contact:
Bernice Ruane Bernice Ruane
Allied Irish Bank - Corporate Operations Allied Irish Bank -
Corporate Operations
2nd Floor, Iona House, Shelbourne Road 2nd Floor, Iona House,
Shelbourne Road
Ballsbridge Ballsbridge
Dublin 4, Ireland Dublin 4, Ireland
Phone: +353 1 641 6632 Phone: +353 1 641 6632
Fax: +353 1 641 6668 Fax: +353 1 641 6668
E-Mail: aib.capmkts.ny@aib.ie E-Mail: aib.capmkts.ny@aib.ie
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
7
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Backup Operations Contact: Backup Operations Contact:
Eimear O'Meara Eimear O'Meara
Allied Irish Bank - Corporate Operations Allied Irish Bank -
Corporate Operations
2nd Floor, Iona House, Shelbourne Road 2nd Floor, Iona House,
Shelbourne Road
Ballsbridge Ballsbridge
Dublin 4, Ireland Dublin 4, Ireland
Phone: +353 1 641 6636 Phone: +353 1 641 6636
Fax: +353 1 641 6668 Fax: +353 1 641 6668
E-Mail: aib.capmkts.ny@aib.ie E-Mail: aib.capmkts.ny@aib.ie
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Bayerische $20,000,000.00 Bayerische Landesbank - New York Branch Bayerische Landesbank -
Landesbank - New York Branch
New York Branch 560 Lexington Avenue 560 Lexington Avenue
New York, NY 10022 New York, NY 10022
Credit Contact: Credit Contact:
Stuart Schulman Stuart Schulman
Senior Vice President Senior Vice President
Phone: (212) 230-9132 Phone: (212) 230-9132
Fax: (212) 230-9070 Fax: (212) 230-9070
E-mail: sschulman@bayernlbny.com E-mail: sschulman@bayernlbny.com
Secondary Credit Contact: Secondary Credit Contact:
Georgina Fiordallisi Georgina Fiordallisi
Vice President Vice President
Phone: (212) 230-9178 Phone: (212) 230-9178
Fax: (212) 230-9070 Fax: (212) 230-9070
E-mail: gfiordalisi@bayernlbny.com E-mail: gfiordalisi@bayernlbny.com
Operations Contact: Operations Contact:
Carol Dussie Carol Dussie
Second Vice President Second Vice President
Phone: (212) 310-9846 Phone: (212) 310-9846
Fax: (212) 310-9930 Fax: (212) 310-9930
E-mail: cdussie@bayernlbny.com E-mail: cdussie@bayernlbny.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
8
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Burdale Financial $35,000,000.00 Credit Contact: Credit Contact:
Limited David Grende David Grende
Director Director
300 First Stamford Place 300 First Stamford Place
Stamford, CT 06830 Stamford, CT 06830
Phone: (203) 391-5964 Phone: (203) 391-5964
Fax: (203) 391-5901 Fax: (203) 391-5901
E-mail: dgrende@burdale.com E-mail: dgrende@burdale.com
Operations Contact: Operations Contact:
Dariusz Szypula Dariusz Szypula
Collateral Analyst Collateral Analyst
53 Queen Anne Street 53 Queen Anne Street
London, W1G 9HP London, W1G 9HP
Phone: +44 207 935 1115. Phone: +44 207 935 1115.
Fax: 44 (0)20 7935 5445 Fax: 44 (0)20 7935 5445
E-mail: dszypula @burdale.co.uk E-mail: dszypula @burdale.co.uk
Tania Saldanha Tania Saldanha
Collateral Analyst Collateral Analyst
53 Queen Anne Street 53 Queen Anne Street
London, W1G 9HP London, W1G 9HP
Phone: +44 207 935 1115. Phone: +44 207 935 1115.
Fax: 44 (0)20 7935 5445 Fax: 44 (0)20 7935 5445
E-mail: tsaldanha@burdale.co.uk E-mail: tsaldanha@burdale.co.uk
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
GMAC Commercial $32,500,000.00 Credit Contact: Credit Contact:
Finance LLC Robert Bradow Robert Bradow
GMAC Commercial Finance LLC GMAC Commercial Finance LLC
1290 Avenue of the Americas, 3rd Floor 1290 Avenue of the Americas,
3rd Floor
New York, NY 10104 New York, NY 10104
Phone: (212) 884-7190 Phone: (212) 884-7190
Fax: (212) 884-7692 Fax: (212) 884-7692
E-mail: rbradow@gmaccf.com E-mail: rbradow@gmaccf.com
Secondary Credit Contact: Secondary Credit Contact:
Thomas Maiale Thomas Maiale
Team Leader Team Leader
GMAC Commercial Finance LLC GMAC Commercial Finance LLC
1290 Avenue of the Americas, 3rd Floor 1290 Avenue of the Americas,
3rd Floor
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
9
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
New York, NY 10104 New York, NY 10104
Phone: (212) 884-7097 Phone: (212) 884-7097
Fax: (212) 884-7692 Fax: (212) 884-7692
E-mail: tmaiale@gmaccf.com E-mail: tmaiale@gmaccf.com
Operations Contact: Operations Contact:
Claudette Robotham Claudette Robotham
Assistant Vice President Assistant Vice President
GMAC Commercial Finance LLC GMAC Commercial Finance LLC
3000 Town Center, Suite 280 3000 Town Center, Suite 280
Southfield, MI 48075 Southfield, MI 48075
Phone: (248) 263-6227 Phone: (248) 263-6227
Fax: (248) 356-8978 Fax: (248) 356-8978
E-mail: crobotham@gmaccf.com E-mail: crobotham@gmaccf.com
Secondary Operations Contact Secondary Operations Contact
Julie VanHouten Julie VanHouten
GMAC Commercial Finance LLC GMAC Commercial Finance LLC
3000 Town Center, Suite 280 3000 Town Center, Suite 280
Southfield, MI 48075 Southfield, MI 48075
Phone: (248) 263-6236 Phone: (248) 263-6236
Fax: (248) 356-8978 Fax: (248) 356-8978
E-mail: jvanhouten@gmaccf.com E-mail: jvanhouten@gmaccf.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
Merrill Lynch $35,000,000.00 Credit Contact: Credit Contact:
Capital, a division Richard Holston Richard Holston
of Merrill Lynch Vice President Vice President
Business Financial 225 Liberty Street, 5th Floor 225 Liberty Street, 5th Floor
Services Inc. New York, NY 10281 New York, NY 10281
Phone: (212) 236-1272 Phone: (212) 236-1272
Fax: (212) 236-0048 Fax: (212) 236-0048
E-Mail: richard_holston@ml.com E-Mail: richard_holston@ml.com
Operations Contact: Operations Contact:
Cassandra Davis-Reed Cassandra Davis-Reed
Portfolio Analyst Portfolio Analyst
222 N. La Salle Street, 16th Street 222 N. La Salle Street, 16th Street
Chicago, IL 60601 Chicago, IL 60601
Phone: (312) 750-6219 Phone: (312) 750-6219
Fax: (312) 499-3336 Fax: (312) 499-3336
E-Mail: cassandra_davis@ml.com E-Mail: cassandra_davis@ml.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
10
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
REVOLVING
NAME OF CREDIT SWING LINE
LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
UBS Loan Finance LLC $35,000,000.00 Credit Contact: Credit Contact:
Thomas Getty Thomas Getty
Director Director
677 Washington Blvd, 6th Floor 677 Washington Blvd, 6th Floor
Stamford, CT 06901 Stamford, CT 06901
Phone: (203) 719-1674 Phone: (203) 719-1674
Fax: (203) 719-5259 Fax: (203) 719-5259
E-mail: thomas.getty@ubs.com E-mail: thomas.getty@ubs.com
Operations Contact: Operations Contact:
Elizabeth C. White Elizabeth C. White
ABL Loan Administrator ABL Loan Administrator
677 Washington Blvd, 6th Floor 677 Washington Blvd, 6th Floor
Stamford, CT 06901 Stamford, CT 06901
Phone: (203) 719-3618 Phone: (203) 719-3618
Fax: (203 719-3888 Fax: (203 719-3888
Email: elizabeth.c.white@ubs.com Email: elizabeth.c.white@ubs.com
- ---------------------- --------------- --------------- ----------------------------------------- -----------------------------------
TOTAL $600,000,000 $25,000,000
11
ANNEX B
SCHEDULE 4.01(r)
INVESTMENTS
City of Michigan, Indiana Economic Development Taxable Revenue Bonds, Series
1999 - $1,932,749.
Three (3) shares of Ridgemark Golf and Country Club - $45,000.
City of Fontana Industrial Development Revenue Bond Series 1985 - $6,325,000.
Loan made by BMCA to BMCA Holdings Corporation on July 1, 2003 in a principal
amount of $37,840,000.
Loan made by BMCA to BMCA Holdings Corporation on December 29, 2003 in a
principal amount of $15,000,000.