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Amendment No. 9
To
Fifth Amended And Restated Revolving Loan And Letter Of Credit
Agreement
This Amendment No. 9 (this "Amendment") is entered into as
of December 15, 2006, among: the two entities included among
the Borrower as listed on Exhibit A attached hereto
(individually, and collectively, jointly and severally, the
"Borrower"); the several entities included among the Guarantors as
listed on Exhibit A attached hereto (each,
individually, a "Guarantor," and collectively, jointly and
severally, the "Guarantors"); the several entities included among
the Banks as listed on Exhibit A attached hereto (each,
individually, a "Bank" and collectively, but not jointly, the
"Banks"); and Bank of America, N.A. ("Bank of America"), as agent
for the Banks (in such capacity, the "Agent").
RECITALS
Reference is made to the following facts that constitute the
background of this Amendment:
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A.
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The parties hereto have entered into that certain Fifth Amended
and Restated Revolving Loan and Letter of Credit Agreement dated as
of November 4, 2005 (as amended and/or restated from time to
time, the "Loan Agreement"). Capitalized terms used herein and not
otherwise defined herein shall have the same meanings herein as
ascribed to them in the Loan Agreement;
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B.
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The Borrower and the Guarantors have requested that, for a
period of ninety (90) days from the date hereof through 5:00
p.m. EST on March 14, 2007 (the "Increase Period"), the
Maximum Amount be increased by $25,000,000.00 (the "Increase
Amount") to $165,000,000.00.
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C.
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The Agent and the Banks are willing to amend the Agreement to
accommodate such request solely upon the terms and conditions set
forth in this Amendment.
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NOW, THEREFORE, in consideration of the foregoing recitals and
of the representations, warranties, covenants and conditions set
forth herein and in the Loan Agreement, and for other valuable
consideration the receipt and adequacy of which is hereby
acknowledged, the parties agree as follows:
Section 1 . Increase in Maximum Amount .
Solely during the Increase Period, the definition of "Maximum
Amount" in Section 1.1 of the Loan Agreement is hereby amended
to mean One Hundred Sixty-Five Million and 00/100 Dollars
($165,000,000.00). During the Increase Period, all references to
the term "Maximum Amount" in the Credit Documents shall mean such
term as amended hereby, including, without limitation, as
referenced in the sublimits set forth in Section 2.11 of the
Loan Agreement. The parties hereto acknowledge and agree that the
Commitments of Bank of America, Citicorp and Comerica (the
"Participating Banks") shall increase during the Increase Period
and the Commitments of the other Banks shall not change.
Accordingly, Section IV of Schedule A to the Loan
Agreement, which sets forth the Commitment and Commitment
Percentage of each Bank, is hereby amended by deleting it in its
entirety and substituting Section IV of Schedule A
attached to this Amendment in its stead. Upon expiration of the
Increase Period, Section IV of Schedule A to the
Loan Agreement as it existed immediately prior to the date of this
Amendment shall be in full force and effect.
Section 2 . Representations and Warranties .
The Borrower and Guarantors, jointly and severally, represent and
warrant to the Banks as of the effective date of this Amendment
that, assuming the due execution and delivery of this Amendment:
(a) no Default or Event of Default is in existence, from and
after, or will result from, the execution and delivery of this
Amendment or the consummation of any transactions contemplated
hereby; (b) each of the representations and warranties of the
Borrower and the Guarantors in the Loan Agreement and the other
Credit Documents is true and correct in all material respects on
the effective date of this Amendment (except for representations
and warranties limited as to time or with respect to a specific
event, which representations and warranties shall continue to be
limited to such time or event) and (c) this Amendment and the
Loan Agreement (as amended by this Amendment) are legal, valid and
binding agreements of the Borrower and the Guarantors and are
enforceable against them in accordance with their terms.
Section 3 . Ratification . Except as hereby
amended, the Loan Agreement, all other Credit Documents and each
provision thereof are hereby ratified and confirmed in every
respect and shall continue in full force and effect, and this
Amendment shall not be, and shall not be deemed to be, a waiver of
any Default or Event of Default or of any covenant, term or
provision of the Loan Agreement or the other Credit Documents. In
furtherance of the foregoing ratification, by executing this
Amendment in the spaces provided below, each of the Guarantors, on
a joint and several basis, hereby absolutely and unconditionally
(a) reaffirms its obligations under the Guaranty, and
(b) absolutely and unconditionally consents to (i) the
execution and delivery by the Borrower of this Amendment,
(ii) the continued implementation and consummation of
arrangements and transactions contemplated by the Loan Agreement
(including, without limitation, as amended hereby) and the other
Credit Documents, and (iii) the performance and observance by
the Borrower and each Guarantor of all of its respective
agreements, covenants, duties and obligations under the Loan
Agreement (including, without limitation, as amended hereby) and
the other Credit Documents.
Section 4 . Conditions Precedent . The
agreements set forth in this Amendment are conditional and this
Amendment shall not be effective until (i) receipt by the
Agent of a fully-executed counterpart original of this Amendment
and (ii) receipt by the Participating Banks of fully-executed
original allonges to the Credit Notes in their favor in the form
attached hereto as Exhibit B .
Section 5 . Counterparts . This Amendment may
be executed and delivered in any number of counterparts with the
same effect as if the signatures on each counterpart were upon the
same instrument.
Section 6 . Amendment as Credit Document .
Each party hereto agrees and acknowledges that this Amendment
constitutes a "Credit Document" under and as defined in the Loan
Agreement.
SECTION 7 . GOVERNING LAW . THIS AMENDMENT SHALL
BE DEEMED TO CONSTITUTE A CONTRACT MADE UNDER THE LAWS OF THE STATE
OF NEW YORK, INCLUDING ARTICLE 5 OF THE UCC, AND
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