EXHIBIT 4(k)
Amendment No. 3, dated as of December 12, 2001, to the Credit Agreement,
dated as of December 4, 1998
Exhbit 4(k)
AMENDMENT NO. 3
AMENDMENT NO. 3, dated as of December 12, 2001 (this "THIRD
AMENDMENT"), to the Credit Agreement, dated as of December 4, 1998 (as amended
by the Waiver, dated as of January 19, 1999, the Amendment No. 1 and Consent,
dated as of October 13, 1999, Waiver No. 2, dated as of February 14, 2000,
Amendment No. 2, dated as of June 9, 2000, the Amended and Restated Credit
Agreement, dated as of December 5, 2000, and Waiver No. 3, dated as of October
19, 2001, and as otherwise amended, supplemented or otherwise modified from time
to time, the "CREDIT AGREEMENT"), among THE SCOTTS COMPANY, an Ohio corporation
(the "BORROWER"), certain subsidiaries of the Borrower who are also borrowers
from time to time under the Credit Agreement (the "SUBSIDIARY BORROWERS"), the
several banks and other financial institutions from time to time parties to the
Credit Agreement (the "LENDERS"), JPMORGAN CHASE BANK (formerly The Chase
Manhattan Bank), as agent for the Lenders (in such capacity, the "ADMINISTRATIVE
Agent"), SALOMON SMITH BARNEY, INC., as syndication agent (the "SYNDICATION
AGENT"), CREDIT LYONNAIS NEW YORK BRANCH and BANK ONE, MICHIGAN, as successor to
NBD BANK, as co-documentation agents (the "CO-DOCUMENTATION AGENTS"), and J.P.
MORGAN SECURITIES INC., as successor to CHASE SECURITIES INC., as lead arranger
(the "LEAD ARRANGER") and book manager (the "BOOK MANAGER").
W I T N E S S E T H :
- - - - - - - - - -
WHEREAS, the Borrower wishes to amend the Credit Agreement as
described herein and requests the waiver under the Credit Agreement described
herein; and
WHEREAS, the Lenders and the Administrative Agent are willing
to amend and waive the Credit Agreement as provided for herein, but only on the
terms and conditions contained herein;
NOW, THEREFORE, in consideration of the premises and of the
mutual agreements herein contained, the parties hereto agree as follows:
I. AMENDMENTS AND WAIVER
1. DEFINED TERMS. Unless otherwise defined herein, capitalized
terms used herein shall have the meanings given to them in the Credit Agreement.
2. AMENDMENT TO SECTION 1.1 (DEFINED TERMS). (a) Section 1.1
of the Credit Agreement is hereby amended by deleting therefrom the definition
of "EBITDA" in its entirety and substituting, in lieu thereof, the following:
""EBITDA" shall mean without duplication, for any fiscal
period, the sum of the amounts for such fiscal period of (i) Consolidated Net
Income, (ii) provision for taxes based on income, (iii) depreciation expense,
2
2
(iv) Consolidated Interest Expense, (v) amortization expense, (vi) other
non-recurring, non-cash items reducing Consolidated Net Income (reduced by any
non-recurring, non-cash items increasing Consolidated Net Income), all as
determined on a consolidated basis for the Borrower and its Subsidiaries in
conformity with GAAP and (vii) in respect of the periods of four consecutive
quarterly periods ending September 30, 2001, December 31, 2001, March 31, 2002
and June 30, 2002, $47,814,000, $47,814,000, $47,814,000 and $41,119,000
respectively, to reflect cash restructuring charges; PROVIDED, HOWEVER, that the
amounts set forth in clause (vii) above shall not be included in EBITDA for
purposes of determining the Leverage Ratio pursuant to the Pricing Grid."
(b) Section 1.1 of the Credit Agreement is hereby further
amended by deleting in the definition of "Subordinated Debt" the phrase "clause
(iii)" and inserting, in lieu thereof, the phrase "clause (ii)".
3. AMENDMENT TO SECTION 2.4 (REVOLVING CREDIT COMMITMENTS).
Sections 2.4(i) and (ii) are hereby amended by deleting them in their entirety
and substituting, in lieu thereof, the following new Sections 2.4(i) and (ii):
"(i) the sum of the Dollar Equivalent of the then outstanding
Revolving Credit Loans in Optional Currencies other than Sterling and the then
outstanding L/C Obligations in Optional Currencies other than Sterling would
exceed the Optional Currency Equivalent of $200,000,000 (such Optional Currency
Equivalent, the "MAXIMUM NON-STERLING OPTIONAL CURRENCY AMOUNT"); or
(ii) the sum of the Dollar Equivalent of the then outstanding
Revolving Credit Loans in Optional Currencies including Sterling and outstanding
L/C Obligations in Optional Currencies including Sterling would exceed the
Optional Currency Equivalent of $360,000,000 (such Optional Currency Equivalent,
the "MAXIMUM OPTIONAL CURRENCY AMOUNT")".
4. AMENDMENT TO SECTION 2.12 (MANDATORY PREPAYMENTS). (a)
Section 2.12(b) is hereby amended by deleting the figure "25%" and inserting, in
lieu thereof, the figure "0%".
(b) Section 2.12(c) of the Credit Agreement is hereby amended
by deleting it in its entirety and substituting, in lieu thereof, the following
new Section 2.12(c):
"Unless the Required Prepayment Lenders shall otherwise agree,
if any Indebtedness shall be incurred by the Borrower or any of its Subsidiaries
(excluding any Indebtedness incurred in accordance with subsection 7.6), the
Borrower shall apply an amount equal to 100% of the Net Cash Proceeds thereof or
the equivalent thereof on the date of such incurrence toward the prepayment of
the Term Loans and the reduction of the Revolving Credit Commitments as set
forth in subsection 2.12(f).
5. AMENDMENT TO SECTION 6.9 (INTEREST COVERAGE). Section 6.9
of the Credit Agreement is hereby amended by deleting the portions of the table
therein corresponding to the dates set forth below and inserting, in lieu
thereof, the following:
3
Date Ratio
---- -----
December 31, 2001 2.40 to 1
March 31, 2002 2.40 to 1
June 30, 2002 2.60 to 1
September 30, 2002 2.75 to 1
December 31, 2002 2.75 to 1
March 31, 2003 3.00 to 1
6. AMENDMENT TO SECTION 6.10 (MAINTENANCE OF LEVERAGE RATIO).
Section 6.10 of the Credit Agreement is hereby amended by deleting the portions
of the table therein corresponding to the dates set forth below and inserting,
in lieu thereof, the following:
Date Ratio
---- -----
December 31, 2001 4.60 to 1
March 31, 2002 4.80 to 1
June 30, 2002 4.50 to 1
September 30, 2002 4.25 to 1
December 31, 2002 4.25 to 1
March 31, 2003 4.00 to 1
7. AMENDMENT TO SECTION 6.11 (MAINTENANCE OF CONSOLIDATED NET
WORTH). Section 6.11 of the Credit Agreement is hereby deleted in its entirety.
8. AMENDMENT TO SECTION 7.6 (LIMITATION ON INDEBTEDNESS).
Section 7.6(e) of the Credit Agreement is hereby amended by deleting such
Section in its entirety and substituting, in lieu thereof, the following:
"(e) (i) unsecured Indebtedness of the Borrower in respect of
the Senior Subordinated Notes in an aggregate principal amount not to exceed
$330,000,000 and (ii) unsecured Indebtedness of the Borrower under subordinated
notes in an aggregate principal amount of up to $225,000,000 pursuant to one or
more subordinated note indentures having subordination provisions as favorable
to the Lenders as those in the Senior Subordinated Note Indenture and having no
scheduled principal payments or prepayments prior to September 30, 2007,
provided that any such Indebtedness in excess of $70,000,000 may only be
incurred after June 30, 2003 and only when the Leverage Ratio for the most
recent quarter ended on or immediately prior to the date of issuance thereof is
equal to or less than 3:50 to 1;"
9. AMENDMENT TO SECTION 7.9 (LIMITATION ON SALE OF ASSETS).
(a) Section 7.9(a) of the Credit Agreement is hereby amended by deleting such
Section in its entirety and substituting, in lieu thereof, the following:
4
"(a) assets, PROVIDED that the aggregate fair market value of
all such assets in all such transactions after December 12, 2001, shall not
exceed $100,000,000."
(b) Section 7.9 is further amended by inserting at the end
thereof, the following:
"For the avoidance of doubt, any Disposition of assets may
utilize the then-unused permitted basket amounts specified in clauses (a) and
(b) above in any order that the Borrower may elect."
10. AMENDMENT TO ANNEX A TO CREDIT AGREEMENT (PRICING GRID).
Annex A to the Credit Agreement is hereby amended by inserting at the end
thereof the following:
"For the avoidance of doubt, each determination of the
Leverage Ratio pursuant to this Pricing Grid shall be made without giving effect
to the amounts set forth in clause (vii) of the definition of EBITDA.".
II. GENERAL PROVISIONS
1. REPRESENTATIONS AND WARRANTIES. On and as of the date
hereof, and after giving effect to this Third Amendment, each of the Borrower
and each applicable Subsidiary Borrower hereby confirms, reaffirms and restates
the representations and warranties set forth in Section 4 of the Credit
Agreement MUTATIS MUTANDIS, and to the extent that such representations and
warranties expressly relate to a specific earlier date in which case each of the
Borrower and each applicable Subsidiary Borrower hereby confirms, reaffirms and
restates such representations and warranties as of such earlier date.
2. CONDITIONS TO EFFECTIVENESS. This Third Amendment shall
become effective as of the date (i) the Administrative Agent has received
counterparts of this Third Amendment, duly executed and delivered by the
Borrower, each Subsidiary Borrower, the Administrative Agent and the Required
Prepayment Lenders, (ii) this Third Amendment has been acknowledged and
consented to by each Loan Party party to the Guarantee and Collateral Agreement
and (iii) an amendment fee has been paid to the Administrative Agent, for the
account of each Lender that has executed and delivered to the Administrative
Agent a copy of this Third Amendment by not later than 5:00 p.m. (New York time)
on December 11, 2001, in an amount equal to 0.10% of the Aggregate Exposure of
such Lender.
3. CONTINUING EFFECT; NO OTHER AMENDMENTS. Except as expressly
amended or waived hereby, all of the terms and provisions of the Credit
Agreement are and shall remain in full force and effect. The amendments provided
for herein are limited to the specific subsections of the Credit Agreement
specified herein and shall not constitute an amendment of, or an indication of
any Lender's willingness to amend or waive, any other provisions of the Credit
Agreement or the same subsections for any other date or time period (whether or
not other provisions or compliance with such subsections for another date or
time period are affected by the circumstances addressed in this Third
Amendment).
5
4. EXPENSES. The Borrower agrees to pay and reimburse the
Administrative Agent for all its reasonable costs and expenses incurred in
connection with the preparation and delivery of this Third Amendment, including,
without limitation the reasonable fees and disbursements of counsel to the
Administrative Agent.
5. GOVERNING LAW. THIS THIRD AMENDMENT SHALL BE GOVERNED BY,
AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW
YORK.
6. COUNTERPARTS. This Third Amendment may be executed by the
parties hereto in any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument.
IN WITNESS WHEREOF, the parties hereto have caused this Third
Amendment to be duly executed and delivered by their proper and duly authorized
officers as of the day and year first above written.
THE SCOTTS COMPANY
By: /s/ Rebecca J. Bruening
--------------------------------------------
Name: Rebecca J. Bruening
Title: Vice President and Treasurer
JPMORGAN CHASE BANK (formerly The Chase
Manhattan Bank), as Administrative Agent and
as a Lender
By: /s/ Randolph E. Cates
--------------------------------------------
Name: Randolph E. Cates
Title: Vice President
CREDIT LYONNAIS NEW YORK BRANCH, as
Co-Documentation Agent and as a Lender
By: /s/ Guido Van Hauwermeiren
--------------------------------------------
Name: Guido Van Hauwermeiren
Title: Senior Vice President Midwest Regional
Manager
BANK ONE, MICHIGAN, as successor to
NBD BANK, as Co-Documentation Agent and as a
Lender
By: /s/ Paul A. Harris
---------------------------------------------
Name: Paul A. Harris
Title: Director
ABN AMRO BANK N.V.
By: /s/ Thomas Comfort
-----------------------------------------
Name: Thomas Comfort
Title: Senior Vice President
By: /s/ Wendy E. Pace
----------------------------------------
Name: Wendy E. Pace
Title: Assistant Vice President
BANK OF MONTREAL
By: /s/ Christopher Fisher
--------------------------------------------
Name: Christopher Fisher
Title: Vice President
ADDISON CDO, LIMITED (ACCT 1279)
By: Pacific Investment Management Company LLC, as
its Investment Advisor
By: /s/ Mohan V. Phansalkar
--------------------------------------------
Name: Mohan V. Phansalkar
Title: Executive Vice President
AERIES-II FINANCE LTD.
By:
--------------------------------------------
Name:
Title:
AIMCO CDO SERIES 2000-A
By: /s/ Jerry D. Zinkula
--------------------------------------------
Name: Jerry D. Zinkula
Title: Authorized Signatory
By: /s/ David Walsh
--------------------------------------------
Name: David Walsh
Title: Authorized Signatory
ALLSTATE LIFE INSURANCE CO.
By: /s/ Jerry D. Zinkula
--------------------------------------------
Name: Jerry D. Zinkula
Title: Authorized Signatory
By: /s/ David Walsh
--------------------------------------------
Name: David Walsh
Title: Authorized Signatory
AMMC CDO I, LIMITED
By: American Money Management Corp., as
Collateral Manager
By: /s/ David P. Meyer
--------------------------------------------
Name: David P. Meyer
Title: Vice President
APEX (IPM) CDO I, LTD.
By: /s/ Roshan White
--------------------------------------------
Name: Roshan White
Title: Vice President
ARCHIMEDES FUNDING IV, LTD.
By: ING Capital Advisors LLC, as Collateral
Manager
By:
--------------------------------------------
Name:
Title:
ARES III CLO LTD.
By:
--------------------------------------------
Name:
Title:
ARES IV CLO LTD.
By:
--------------------------------------------
Name:
Title:
ARES LEVERAGED INVESTMENT FUND II, L.P.
By:
---------------------------------------------
Name:
Title:
AVALON CAPITAL LTD.
By: INVESCO Senior Secured Management, Inc. as
Portfolio Advisor
By: /s/ Thomas H. B. Ewald
---------------------------------------------
Name: Thomas H. B. Ewald
Title: Authorized Signatory
AVALON CAPITAL LTD. II
By: INVESCO Senior Secured Management, Inc. as
Portfolio Advisor
By: /s/ Thomas H. B. Ewald
---------------------------------------------
Name: Thomas H. B. Ewald
Title: Authorized Signatory
PB CAPITAL CORPORATION
By: /s/ Thomas Dearth
---------------------------------------------
Name: Thomas Dearth
Title: Associate
By: /s/ Jeffrey Frost
---------------------------------------------
Name: Jeffrey Frost
Title: Managing Director Portfolio Management
BANK AUSTRIA CREDITANSTALT
CORPORATE FINANCE, INC.
By:
---------------------------------------------
Name:
Title:
By:
---------------------------------------------
Name:
Title:
BANK OF AMERICA, N.A.
By: /s/ Gretchen Spoo
---------------------------------------------
Name: Gretchen Spoo
Title: Principal
BANK OF HAWAII
By:
---------------------------------------------
Name:
Title:
THE BANK OF NEW YORK
By: /s/ Randolph E. J. Medrano
---------------------------------------------
Name: Randolph E. J. Medrano
Title: Vice President
THE BANK OF NOVA SCOTIA
By:
---------------------------------------------
Name:
Title:
BANK OF TOKYO-MITSUBISHI TRUST
COMPANY
By: /s/ Catherine Moeser
---------------------------------------------
Name: Catherine Moeser
Title: Vice President
BALANCED HIGH YIELD FUND II, LTD.
By:
---------------------------------------------
Name:
Title:
BAVARIA TRR CORPORATION
By: /s/ Lori Rezza
---------------------------------------------
Name: Lori Rezza
Title: Vice President
BNP PARIBAS
By: /s/ Kristin R. Petinaux
---------------------------------------------
Name: Kristin R. Petinaux
Title: Associate
By: /s/ Richard L. Sted
---------------------------------------------
Name: Richard L. Sted
Title: Central Region Manager
BW CAPITAL MARKETS, INC.
By: /s/ Philip G. Waldrop
---------------------
Name: Philip G. Waldrop
Title: Vice President
By: /s/ Thomas A. Lowe
---------------------------------------------
Name: Thomas A. Lowe
Title: Vice President
CAPTIVA IV FINANCE LTD. (ACCT. 1275), as advised
by Pacific Investment Management Company LLC
By: /s/ David Dyer
---------------------------------------------
Name: David Dyer
Title: Director
CENTURION CDO II, LTD.
By: American Express Asset Management Group Inc.
as Collateral Manager
By: /s/ Michael M. Leyland
---------------------------------------------
Name: Michael M. Leyland
Title: Managing Director
CERES II FINANCE, LTD.
By: INVESCO Senior Secured Management, Inc. as
Sub-Managing Agent (Financial)
By: /s/ Thomas H. B. Ewald
---------------------------------------------
Name: Thomas H. B. Ewald
Title: Authorized Signatory
CHARTER VIEW PORTFOLIO
By: INVESCO Senior Secured Management, Inc. as
Investment Advisor
By: /s/ Thomas H. B. Ewald
---------------------------------------------
Name: Thomas H. B. Ewald
Title: Authorized Signatory
CITICORP USA, INC.
By: /s/ Allen Fisher
---------------------------------------------
Name: Allen Fisher
Title: Vice President
COLUMBUS LOAN FUNDING, LTD.
By: Travelers Asset Management International
Company, LLC
By: /s/ Allen Cantrell
---------------------------------------------
Name: Allen Cantrell
Title: Investment Officer
COMERICA BANK, Detroit
By:
---------------------------------------------
Name:
Title:
CREDIT AGRICOLE INDOSUEZ, Chicago
By:
---------------------------------------------
Name:
Title:
By:
---------------------------------------------
Name:
Title:
CREDIT SUISSE FIRST BOSTON
By:
---------------------------------------------
Name:
Title:
CYPRESSTREE FOCUSED INVESTMENT FUND, LLC
By:CypressTree Investment Management Company,
Inc., its Managing Member
By:
---------------------------------------------
Name:
Title:
CYPRESSTREE INVESTMENT PARTNERS I, LTD.
By:CypressTree Investment Management Company,
Inc., as Portfolio Manager
By: /s/ Jonathan D. Sharkey
----------------------------------------
Name: Jonathan D. Sharkey
Title: Principal
CYPRESSTREE INVESTMENT PARTNERS II
By:CypressTree Investment Management Company,
Inc., as Portfolio Manager
By: /s/ Jonathan D. Sharkey
---------------------------------------------
Name: Jonathan D. Sharkey
Title: Principal
CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC.
As: Attorney-in-Fact and on behalf of First
Allmerica Financial Life Insurance Company as
Portfolio Manager
By: /s/ Jonathan D. Sharkey
---------------------------------------------
Name: Jonathan D. Sharkey
Title: Principal
DELANO COMPANY (ACCT 274)
By:Pacific Investment Management Company LLC, as
its Investment Advisor
By: /s/ Mohan V. Phansalkar
---------------------------------------------
Name: Mohan V. Phansalkar
Title: Executive Vice President
DRESDNER BANK AG
By:
---------------------------------------------
Name:
Title:
By:
---------------------------------------------
Name:
Title:
EATON VANCE CDO II, LTD.
By: Eaton Vance Management as Investment Advisor
By: /s/ Scott H. Page
---------------------------------------------
Name: Scott H. Page
Title: Vice President
EATON VANCE CDO III, LTD.
By: Eaton Vance Management as Investment Advisor
By: /s/ Scott H. Page
---------------------------------------------
Name: Scott H. Page
Title: Vice President
EATON VANCE INSTITUTIONAL SENIOR LOAN FUND
By: Eaton Vance Management as Investment
Advisor
By: /s/ Scott H. Page
---------------------------------------------
Name: Scott H. Page
Title: Vice President
EATON VANCE SENIOR INCOME TRUST
By: Eaton Vance Management as Investment Advisor
By: /s/ Scott H. Page
---------------------------------------------
Name: Scott H. Page
Title: Vice President
ELC (CAYMAN) LTD. 1999-III
By: /s/ Roshan White
---------------------------------------------
Name: Roshan White
Title: Vice President
ELC (CAYMAN) LTD. 2000-I
By: /s/ Roshan White
---------------------------------------------
Name: Roshan White
Title: Vice President
ERSTE BANK NEW YORK
By: /s/ Paul Judicke
---------------------------------------------
Name: Paul Judicke
Title: Vice President
By: /s/ John Runnion
---------------------------------------------
Name: John Runnion
Title: Managing Director
FIDELITY II: ADVANCED FLOATING RATE
HIGH INCOME FUND
By:
---------------------------------------------
Name:
Title:
FIFTH THIRD BANK OF COLUMBUS
By: /s/ John K. Beanslee
---------------------------------------------
Name: John K. Beanslee
Title: Vice President
FIRST ALLMERICA FINANCIAL LIFE
INSURANCE COMPANY
By:
---------------------------------------------
Name:
Title:
FIRST UNION NATIONAL BANK
By: /s/ Roger Pelz
---------------------------------------------
Name: Roger Pelz
Title: Senior Vice President
FIRSTAR BANK, N.A.
By: /s/ Robert H. Friend
---------------------------------------------
Name: Robert H. Friend
Title: Vice President
FLAGSHIP CAPITAL
By:
---------------------------------------------
Name:
Title:
FLEET NATIONAL BANK
By: /s/ Mario F. Teixeira
---------------------------------------------
Name: Mario F. Teixeira
Title: Vice President
FORTIS PROJECT FINANCE LIMITED
By:
---------------------------------------------
Name:
Title:
By:
---------------------------------------------
Name:
Title:
FRANKLIN CLO I, LIMITED
By:
---------------------------------------------
Name:
Title:
FRANKLIN FLOATING RATE MASTER SERIES
By:
---------------------------------------------
Name:
Title:
FREMONT INVESTMENT & LOAN
By:
---------------------------------------------
Name:
Title:
THE FUJI BANK, LIMITED
By:
---------------------------------------------
Name:
Title:
GENERAL ELECTRIC CAPITAL
CORPORATION
By: /s/ Robert M. Kadlick
---------------------------------------------
Name: Robert M. Kadlick
Title: Duly Authorized Signatory
GRAYSON & CO.
By: Boston Management and Research as
Investment Advisor
By: /s/ Scott H. Page
---------------------------------------------
Name: Scott H. Page
Title: Vice President
HARBOUR TOWN FUNDING TRUST
By: /s/ Diana L. Mushill
---------------------------------------------
Name: Diana L. Mushill
Title: Authorized Agent
HARRIS TRUST AND SAVINGS BANK
By: /s/ Christopher Fisher
---------------------------------------------
Name: Christopher Fisher
Title: Vice President
HELLER FINANCIAL INC.
By: /s/ Donald R. Campbell
---------------------------------------------
Name: Donald R. Campbell
Title: Vice President
THE HUNTINGTON NATIONAL BANK
By:
---------------------------------------------
Name:
Title:
IKB DEUTSCHE INDUSTRIEBANK FG
LUXEMBOURG BRANCH
By: /s/Anja Keuchel
---------------------------------------------
Name: Anja Keuchel
Title: Manager
By: /s/ Manfred Ziwey
---------------------------------------------
Name: Manfred Ziwey
Title: Director
IKB DEUTSCHE INDUSTRIEBANK AG LONDON BRANCH
By: /s/Anja Keuchel
---------------------------------------------
Name: Anja Keuchel
Title: Manager
By: /s/ Manfred Ziwey
---------------------------------------------
Name: Manfred Ziwey
Title: Director
IKB CAPITAL CORPORATION NEW YORK
By: /s/ David Snyder
---------------------------------------------
Name: David Snyder
Title: President
INDOSUEZ CAPITAL FUNDING VI, LTD.
By: Indosuez Capital Luxembourg as Portfolio
Advisor
By: /s/ Jack C. Henry
---------------------------------------------
Name: Jack C. Henry
Title: Principal
JISSEKIKUN FUNDING, LTD. (ACCT 1288)
By: Pacific Investment Management Company LLC, as
its Investment Advisor
By: /s/ Mohan V. Phansalkar
---------------------------------------------
Name: Mohan V. Phansalkar
Title: Executive Vice President
KZH CNC LLC
By: /s/ Joyce Fraser-Bryant
---------------------------------------------
Name: Joyce Fraser-Bryant
Title: Authorized Agent
KZH CRESCENT 3 LLC
By:
---------------------------------------------
Name:
Title:
KZH CYPRESSTREE-1 LLC
By: /s/ Joyce Fraser-Bryant
---------------------------------------------
Name: Joyce Fraser-Bryant
Title: Authorized Agent
KZH HIGHLAND-2 LLC
By:
---------------------------------------------
Name:
Title:
KZH LANGDALE LLC
By:
---------------------------------------------
Name:
Title:
KZH RIVERSIDE LLC
By: /s/ Joyce Fraser-Bryant
---------------------------------------------
Name: Joyce Fraser-Bryant
Title: Authorized Agent
KZH SOLEIL-2 LLC
By:
---------------------------------------------
Name:
Title:
KZH STERLING LLC
By: /s/ Joyce Fraser-Bryant
---------------------------------------------
Name: Joyce Fraser-Bryant
Title: Authorized Agent
KZH WATERSIDE LLC
By: /s/ Joyce Fraser-Bryant
---------------------------------------------
Name: Joyce Fraser-Bryant
Title: Authorized Agent
KEY BANK NATIONAL ASSOCIATION
By:
---------------------------------------------
Name:
Title:
LANDESBANK RHEINLAND-PFALTZ
GIROZENTRALE
By: /s/ Stefan Gilsdorf
---------------------------------------------
Name: Stefan Gilsdorf
Title: SVP
By: /s/ Anne-Marie Theobald
---------------------------------------------
Name: Anne-Marie Theobald
Title: Manager
LIBERTY-STEIN ROE ADVANCED FLOATING RATE
ADVANTAGE FUND
By: Stein Roe & Farnham Incorporated, as Advisor
By: /s/ James R. Fellows
---------------------------------------------
Name: James R. Fellows
Title: Sr. Vice President & Portfolio Manager
ML CLO XII PILGRIM AMERICA (CAYMAN)
By:ING Pilgrim Investments, as its Investment
Manager
By: /s/ Brian Horton
---------------------------------------------
Name: Brian Horton
Title: Vice President
ML CLO XX PILGRIM AMERICA (CAYMAN)
By: ING Pilgrim Investments, as its Investment
Manager
By: /s/ Brian Horton
---------------------------------------------
Name: Brian Horton
Title: Vice President
MADISON AVENUE CDO I LTD.
By: Metropolitan Life Insurance Company as
Collateral Manager
By:
---------------------------------------------
Name:
Title:
MAPLEWOOD (CAYMAN) LIMITED
By: David L. Babson & Company Inc. under
delegated authority from Massachusetts Mutual
Life Insurance Company as Investment Manager
By: /s/ Mary S. Law
---------------------------------------------
Name: Mary S. Law
Title: Managing Director
MASSACHUSETTS MUTUAL LIFE
INSURANCE COMPANY
By: David L. Babson & Company Inc. as
Investment Advisor
By: /s/ Mary S. Law
---------------------------------------------
Name: Mary S. Law
Title: Managing Director
METROPOLITAN LIFE INSURANCE COMPANY
By:
---------------------------------------------
Name:
Title:
MORGAN STANLEY DEAN WITTER PRIME INCOME TRUST
By:
---------------------------------------------
Name:
Title:
MOUNTAIN CAPITAL CLO I, LTD.
By:
---------------------------------------------
Name:
Title:
NBD BANK
By:
---------------------------------------------
Name:
Title:
NATEXIS BANQUE POPULAIRES
By: /s/ Frank H. Madden, Jr.
---------------------------------------------
Name: Frank H. Madden, Jr.
Title: Vice President & Group Manager
By: /s/ Christian Giordano
---------------------------------------------
Name: Christian Giordano
Title: Vice President
NATIONAL CITY BANK
By: /s/ Anthony F. Salvatore
---------------------------------------------
Name: Anthony F. Salvatore
Title: SVP
NEMEAN CLO, LTD.
By:
---------------------------------------------
Name:
Title:
NORTH AMERICAN SENIOR FLOATING RATE
FUND
By: Stanfield Capital Partners LLC as its
Collateral Manager
By: /s/ Christopher A. Bondy
---------------------------------------------
Name: Christopher A. Bondy
Title: Partner
NUVEEN SENIOR INCOME FUND
By: Nuveen Senior Loan Asset Management Inc.
By:
---------------------------------------------
Name:
Title:
OASIS COLLATERALIZED HIGH INCOME
PORTFOLIO-1 LTD.
By: INVESCO Senior Secured Management, Inc. As
Subadvisor
By: /s/ Thomas H. B. Ewald
---------------------------------------------
Name: Thomas H. B. Ewald
Title: Authorized Signatory
OCTAGON INVESTMENT PARTNERS III, LTD.
By: Octagon Credit Investors, LLC as Portfolio
Manager
By: /s/ Andrew Gordon
---------------------------------------------
Name: Andrew Gordon
Title: Portfolio Manager
OCTAGON INVESTMENT PARTNERS IV, LTD.
By: Octagon Credit Investors, LLC as Collateral
Manager
By: /s/ Andrew Gordon
---------------------------------------------
Name: Andrew Gordon
Title: Portfolio Manager
OLYMPIC FUNDING TRUST, SERIES 1999-1
By: /s/ Diana L. Mushill
---------------------------------------------
Name: Diana L. Mushill
Title: Authorized Agent
OSPREY INVESTMENTS PORTFOLIO
By:
---------------------------------------------
Name:
Title:
OXFORD STRATEGIC INCOME FUND
By: Eaton Vance Management as Investment Advisor
By: /s/ Scott H. Page
---------------------------------------------
Name: Scott H. Page
Title: Vice President
PILGRIM SENIOR INCOME FUND
By: ING Pilgrim Investments, as its Investment
Manager
By: /s/ Brian Horton
---------------------------------------------
Name: Brian Horton
Title: Vice President
PINEHURST TRADING, INC.
By: /s/ Diana L. Mushill
---------------------------------------------
Name: Diana L. Mushill
Title: Assistant Vice President
PPM SPYGLASS FUNDING TRUST
By: /s/ Diana L. Mushill
---------------------------------------------
Name: Diana L. Mushill
Title: Authorized Agent
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
By: /s/ B. Ross Smead
---------------------------------------------
Name: B. Ross Smead
Title: Vice President
RABOBANK INTERNATIONAL, NEW YORK BRANCH
By:
---------------------------------------------
Name:
Title:
By:
---------------------------------------------
Name:
Title:
RIVIERA FUNDING LLC
By: /s/ Diana L. Mushill
---------------------------------------------
Name: Diana L. Mushill
Title: Asst. Vice President
SANKATY HIGH YIELD ASSET PARTNERS, L.P.
By: /s/ Diane J. Exter
---------------------------------------------
Name: Diane J. Exter
Title: Managing Director Portfolio Manager
SANKATY HIGH YIELD ASSET PARTNERS II,
L.P.
By: /s/ Diane J. Exter
---------------------------------------------
Name: Diane J. Exter
Title: Managing Director Portfolio Manager
SANKATY ADVISORS, LLC as Collateral Manager for
Great Point CLO 1999-1 Ltd., as Term Lender
By: /s/ Diane J. Exter
---------------------------------------------
Name: Diane J. Exter
Title: Managing Director Portfolio
Manager
SCUDDER FLOATING RATE FUND
By:
---------------------------------------------
Name:
Title:
SEABOARD CLO 2000, LTD.
By: ORIX Capital Markets, LLC Collateral Manager
By: /s/ Sheppard H. C. Davis, Jr.
---------------------------------------------
Name: Sheppard H. C. Davis, Jr.
Title: Managing Director
SENIOR DEBT PORTFOLIO
By: Boston Management and Research,
as Investment Advisor
By: /s/ Scott H. Page
---------------------------------------------
Name: Scott H, Page
Title: Vice President
SEQUILS IV, LTD.
By:
---------------------------------------------
Name:
Title:
SEQUILS-CENTURION V, LTD.
By: American Express Asset Management Group Inc.
as Collateral Manager
By: /s/ Michael M. Leyland
---------------------------------------------
Name: Michael M. Leyland
Title: Managing Director
SEQUILS-CUMBERLAND I, LTD.
By: /s/ Dale Burrow
---------------------------------------------
Name: Dale Burrow
Title: Senior Vice President
SEQUILS-MAGNUM, LTD. (#1280)
By: Pacific Investment Management Company LLC,
as its Investment Advisor
By: /s/ Mohan V. Phansalkar
---------------------------------------------
Name: Mohan V. Phansalkar
Title: Executive Vice President
SIERRA CLO I LTD.
By: /s/ John M. Casparian
---------------------------------------------
Name: John M. Casparian
Title: Chief Operating Officer Centre Pacific
LLC, Manager
SPS HIGH YIELD LOAN TRADING
By:
---------------------------------------------
Name:
Title:
SRF 2000 LLC
By:
---------------------------------------------
Name:
Title:
STANFIELD ARBITRAGE CDO, LTD.
By: Stanfield Capital Partners LLC as its
Collateral Manager
By: /s/ Christopher A. Bondy
---------------------------------------------
Name: Christopher A. Bondy
Title: Partner
STEIN ROE FLOATING RATE LLC
By:
---------------------------------------------
Name:
Title:
SUFFIELD CLO, LIMITED
By: David L. Babson & Company Inc. as Collateral
Manager
By: /s/ Mary S. Law
---------------------------------------------
Name: Mary S. Law
Title: Managing Director
SUNTRUST BANK
By:
---------------------------------------------
Name:
Title:
SWAPS CSLT
By:
---------------------------------------------
Name:
Title:
THOROUGHBRED LIMITED PARTNERSHIP I
By:
---------------------------------------------
Name:
Title:
TORONTO DOMINION (NEW YORK), INC.
By: /s/ Gwen Zirkle
---------------------------------------------
Name: Gwen Zirkle
Title: Vice President
THE TRAVELERS INSURANCE COMPANY
By: /s/ Allen Cantrell
---------------------------------------------
Name: Allen Cantrell
Title: Investment Officer
TRYON CLO LTD. 2000-1
By: /s/ Roshan White
---------------------------------------------
Name: Roshan White
Title: Vice President
TYLER TRADING, INC.
By: /s/ Don C. Day
---------------------------------------------
Name: Don C. Day
Title: Vice President
UBS AG
By:
---------------------------------------------
Name:
Title:
VAN KAMPEN CLO II, LIMITED
By: Van Kampen Investment Advisory Corp, as
Collateral Manager
By: /s/ Darvin D. Pierce
---------------------------------------------
Name: Darvin D. Pierce
Title: Executive Director
VAN KAMPEN PRIME RATE INCOME TRUST
By: Van Kampen Investment Advisory Corp
By: /s/ Darvin D. Pierce
---------------------------------------------
Name: Darvin D. Pierce
Title: Executive Director
VAN KAMPEN SENIOR FLOATING RATE FUND
By: Van Kampen Investment Advisory Corp
By: /s/ Darvin D. Pierce
---------------------------------------------
Name: Darvin D. Pierce
Title: Executive Director
VAN KAMPEN SENIOR INCOME TRUST
By: Van Kampen Investment Advisory Corp
By: /s/ Darvin D. Pierce
---------------------------------------------
Name: Darvin D. Pierce
Title: Executive Director
VARIABLE INSURANCE PRODUCTS FUND II: ASSET
MANAGEMENT GROWTH PORTFOLIO
By:
---------------------------------------------
Name:
Title:
WINDSOR LOAN FUNDING, LIMITED
By:
---------------------------------------------
Name:
Title:
WINGED FOOT FUNDING TRUST
By: /s/ Diana L. Mushill
---------------------------------------------
Name: Diana L. Mushill
Title: Authorized Agent