Fifth Amendment and Waiver to Amended and Restated Loan Agreement among American Tower, L.P., American Towers, Inc., Verestar, Inc., and Toronto Dominion (Texas), Inc.

Summary

This agreement, dated March 26, 2001, is an amendment to a previous loan agreement between American Tower, L.P., American Towers, Inc., Verestar, Inc., several financial institutions, and Toronto Dominion (Texas), Inc. as administrative agent. The amendment updates definitions, modifies borrowing and repayment terms, and adjusts provisions related to investments and subsidiaries. It also includes a waiver of certain requirements, subject to specified conditions. The changes are effective as of the amendment date and are binding on all parties involved.

EX-10.6 4 dex106.txt 5TH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT Exhibit 10.6 FIFTH AMENDMENT AND WAIVER TO AMENDED AND RESTATED LOAN AGREEMENT THIS FIFTH AMENDMENT AND WAIVER TO AMENDED AND RESTATED LOAN AGREEMENT, dated as of the 26th day of March, 2001 (this "Amendment"), is made by and among --------- AMERICAN TOWER, L.P., a Delaware limited partnership, AMERICAN TOWERS, INC., a Delaware corporation, VERESTAR, INC. (f/k/a ATC TELEPORTS, INC.), a Delaware corporation (collectively, the "Borrowers"), THE FINANCIAL INSTITUTIONS --------- SIGNATORIES HERETO and TORONTO DOMINION (TEXAS), INC., as administrative agent (in such capacity, the "Administrative Agent"). -------------------- W I T N E S S E T H: - - - - - - - - - - WHEREAS, the Borrowers, the Lenders (as defined therein), the Issuing Bank (as defined therein) and the Administrative Agent are all parties to that certain Amended and Restated Loan Agreement dated as of January 6, 2000 (as previously amended and as hereafter amended, modified, restated and supplemented from time to time, the "Loan Agreement"); and -------------- WHEREAS, the Borrowers have requested amendments to certain provisions of the Loan Agreement, and, subject to the terms and conditions set forth herein, the Lenders and the Administrative Agent are willing to amend certain provisions of the Loan Agreement as more specifically set forth herein; NOW, THEREFORE, in consideration of the premises set forth above, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree that all capitalized terms used and not defined herein shall have the meanings ascribed to such terms in the Loan Agreement, and further hereby agree as follows: 1. Amendments. The Loan Agreement is hereby amended as more fully set for ---------- the below: (a) Amendments to Article 1. ----------------------- (i) Section 1.1 of the Loan Agreement, Definitions, is ----------- hereby amended by deleting the definitions of "Available Revolving Loan ------------------------ Commitment" and "Borrowers" in their entirety and by substituting the ---------- --------- following definitions in lieu thereof: "'Available Revolving Loan Commitment'" shall mean, as of any date, ----------------------------------- (a) for all times prior to the Borrowing Base Termination Date, the lesser of (i)(A) the Revolving Loan Commitments in effect on such date minus (B) ----- the sum of (1) the Revolving Loans then outstanding plus (2) the Letter of ---- Credit Obligations then outstanding, and (ii)(A) the Borrowing Base on such --- date minus (B) the sum of (1) all Loans then outstanding plus (2) the ----- ---- Letter of Credit Obligations then outstanding plus (3) any Capitalized ---- Lease Obligations then outstanding, and, (b) for all other times, the difference between (i) the Revolving Loan Commitments in effect on such date minus (ii) the sum of (A) ----- the Revolving Loans then outstanding plus (B) the Letter of Credit ---- Obligations then outstanding." "'Borrowers' shall mean, collectively, AT L.P., AT Inc., Verestar, --------- Inc. (f/k/a ATC Teleports), and Towersites Monitoring, Inc., a Delaware corporation, and shall include Kline Steel and such other Persons as may be approved by the Majority Lenders at such time as any such Person executes and delivers to the Administrative Agent an assignment and assumption agreement in form and substance satisfactory to the Administrative Agent and each other Loan Document as executed by the other Borrowers; and "Borrower" shall mean any one of the foregoing." -------- (ii) Section 1.1 of the Loan Agreement, Definitions, is ----------- hereby further amended by deleting the reference to Section 7.6(d) in the definition of "Loan Purchase Agreement" and replacing it with Section ----------------------- 7.6(b). (iii) Section 1.1 of the Loan Agreement, Definitions, is ----------- hereby further amended by inserting the following new definitions of "ATC --- International", "ATC Mexico", and "Net Investment Amount" in the proper - ------------- ---------- --------------------- alphabetical order: "'ATC International' shall mean ATC International Holdings Corp., a ----------------- Delaware corporation, and any entity that is a successor thereto." "'ATC Mexico' shall mean American Tower Corporation de Mexico, S. de ---------- R.L. de C.V., a Mexico limited liability company, and any entity that is a successor thereto." "'Net Investment Amount' shall mean an amount equal to the excess of --------------------- (a) the aggregate amount (valued, for these purposes, at their original cost) of all such Investments (which, for these purposes shall not include the distribution by AT Inc. of its Investment in ATC Mexico to ATC International) made pursuant to the provisions of Section 7.6(b) hereof from and after March 31, 2001, over (b) the sum of (i) the net cash proceeds received upon sale, transfer or other disposition of any such Investments, or any Investments derived therefrom (after deducting costs and expenses of sale, transfer or other disposition), and (ii) the aggregate amount of such Investments made pursuant to Section 7.6(b)(iii) hereof in Persons whose acquisition, merger or lease/sublease agreement with the Parent, any Borrower or any of the Restricted Subsidiaries shall have been consummated (so long as the assets acquired or leased are owned or leased by any Borrower or any of the Restricted Subsidiaries)." (b) Amendment to Article 2. Section 2.7(b)(vi) of the Loan ---------------------- Agreement Loans in excess of Borrowing Base, is hereby amended by deleting --------------------------------- such section in its entirety and substituting in lieu thereof the following section: "(vi) Loans in Excess of Borrowing Base. If, on any date --------------------------------- prior to the Borrowing Base Termination Date, the Loans then outstanding exceed the difference of - 2 - (A) the Borrowing Base minus (B) any Capitalized Lease Obligations then ----- outstanding on such date, the Loans shall be repaid in an amount equal to, in the aggregate, such excess. The Borrowers may, at their option, apply such reduction to the Revolving Loans, the Term Loan A Loans or Term Loan B Loans." (c) Amendment to Article 7. ---------------------- (i) Section 7.1 of the Loan Agreement, Indebtedness of the ------------------- Borrowers and the Restricted Subsidiaries, is hereby amended by deleting ----------------------------------------- subsection (g) thereof in its entirety and substituting in lieu thereof the following: "(g) Capitalized Lease Obligations;" (ii) Section 7.6 of the Loan Agreement, Investments and --------------- Acquisitions, is hereby amended by deleting subsection (b) thereof in its ------------ entirety and substituting in lieu thereof the following: "(b) so long as no Default then exists or would be caused thereby, establish Unrestricted Subsidiaries and make Investments in (i) such Unrestricted Subsidiaries (in addition to Investments permitted under Section 7.6(e), (f) and (g) hereof), (ii) ATC International and (iii) Persons primarily engaged in domestic and foreign communications tower and tower related businesses in an aggregate amount, directly or indirectly (including notwithstanding anything in this Loan Agreement to the contrary, distributions to the Parent that are contemporaneously contributed as equity or loaned (if such loan is evidenced by a note) to ATC International, which distributions shall not be deemed Restricted Payments for the purposes of this Agreement), provided that, giving effect to such additional Investment, the aggregate Net Investment Amount made pursuant to the provisions of this Section 7.6(b) from and after March 31, 2001 shall not exceed (x) $350,000,000.00 if at the time of such Investment the Leverage Ratio is greater than or equal to 6.00 to 1.00 and (y) $500,000,000.00 at all other times; provided that, in the case of -------- Investments made pursuant to clause (ii) of this Section 7.6(b), the Parent grants to the Lenders a first priority security interest in the Parent's ownership thereof and any notes executed in connection therewith and ATC International executes a Guaranty in favor of the Lenders; and provided further that, in the case of Investments made -------- ------- pursuant to clause (iii) of this Section 7.6(b), the Parent, any Borrower or any of the Restricted Subsidiaries has executed a binding acquisition, merger, lease/sublease or management agreement with such Person;" (iii) Section 7.6 of the Loan Agreement, Investments and --------------- Acquisitions, is hereby further amended by deleting subsection (d) thereof ------------- in its entirety and substituting in lieu thereof the following: "(d) [Reserved]" - 3 - 2. Amendment to Schedule 2, Acknowledgment and Consent. The Borrowers --------------------------------------------------- sent a notice (the "Notice") to the Lenders on February 23, 2001 designating ------ American Tower Corporation de Mexico, S. de R.L. de C.V. ("ATC Mexico") as an ---------- Unrestricted Subsidiary. To clarify the status of the Borrower's Subsidiaries, Schedule 2 to the Loan Agreement, Restricted Subsidiaries and Unrestricted - ---------- Subsidiaries, is hereby amended by deleting such schedule in its entirety and substituting in lieu thereof Schedule 2 attached hereto. The Lenders also ---------- consent to (a) the transfer of the equity interest in ATC Mexico to ATC International Holdings Corp. ("ATC International"), a Delaware corporation, ----------------- which transfer may be done by a distribution to the Parent that is then contemporaneously transferred to ATC International (such distribution shall not be deemed a Restricted Payment for purposes under the Agreement) and (b) that prior to the transfer to ATC International, the equity of ATC Mexico held by AT Inc. will not be pledged to the Lenders; provided, that if such transfer does -------- not occur within 180 days from the date hereof, the Borrowers shall grant to the Lenders a first priority security interest on the equity on ATC Mexico (which may be accomplished directly or indirectly through a domestic unrestricted subsidiary holding company). 3. Waiver. The Borrowers have informed the Administrative Agent that they ------ were not in compliance with Section 7.1(g), Indebtedness of the Borrower and the ------------------------------------ Restricted Subsidiaries, as it related to Capitalized Lease Obligations as of - ----------------------- December 31, 2000. The Lenders hereby waive any Default or Event of Default that may have occurred under Section 7.1(g) solely with respect to the Borrowers' incurring Capitalized Lease Obligations in excess of $100,000,000 as of December 31, 2000 and through the date of this Amendment. 4. No Other Amendment or Waiver. Except for the amendments and waiver set ---------------------------- forth above, the text of the Loan Agreement and all other Loan Documents shall remain unchanged and in full force and effect. No amendment or waiver by the Administrative Agent, the Issuing Bank or the Lenders under the Loan Agreement or any other Loan Document is granted or intended except as expressly set forth herein, and the Administrative Agent, the Issuing Bank and the Lenders expressly reserve the right to require strict compliance in all other respects (whether or not in connection with any Requests for Advance). Except as set forth herein, the amendments and waiver agreed to herein shall not constitute a modification of the Loan Agreement or any of the other Loan Documents, or a course of dealing with the Administrative Agent, the Issuing Bank and the Lenders at variance with the Loan Agreement or any of the other Loan Documents, such as to require further notice by the Administrative Agent, the Issuing Bank, the Lenders or the Majority Lenders to require strict compliance with the terms of the Loan Agreement and the other Loan Documents in the future. 5. Conditions Precedent. The effectiveness of this Amendment is subject -------------------- to the following: (a) Receipt by the Administrative Agent of: (i) duly executed signature pages to this Amendment from the Majority Lenders; - 4 - (ii) a duly executed Guaranty from ATC International Holdings Corp. (iii) a duly executed Guaranty from Towersites Monitoring, Inc. (iv) a duly executed Security Agreement from Towersites Monitoring, Inc. (v) a duly executed Assumption Agreement, in form and substance acceptable to the Administrative Agent, from Towersites Monitoring, Inc. (vi) a legal opinion from Sullivan & Worcester LLP, counsel to the Borrowers, its Subsidiaries and ATC International Holdings Corp. in form and substance addressed to the Administrative Agent and the Lenders and dated the date hereof; (vii) a loan certificate of Towersites Monitoring, Inc., in substantially in the form of Exhibit V attached to the Loan Agreement, with all exhibits thereto; and (viii) UCC-1 financing statements signed by Towersites Monitoring, Inc. to be filed in the appropriate filing offices. (b) The representations and warranties contained in Article 4 of the Loan Agreement and contained in the other Loan Documents remain true and correct as of the date hereof, both before and after giving effect to this Agreement, except to the extent previously fulfilled in accordance with the terms of the Loan Agreement or such other Loan Document, as applicable, or to the extent relating specifically to the earlier date. No Default or Event of Default now exists or will be caused hereby. 6. Counterparts. This Amendment may be executed in any number of ------------ counterparts, each of which shall be deemed to be an original, but all such separate counterparts shall together constitute but one and the same instrument. 7. Governing Law. This Amendment shall be construed in accordance with ------------- and governed by the laws of the State of New York. 8. Severability. Any provision of this Amendment which is prohibited or ------------ unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof in that jurisdiction or affecting the validity or enforceability of such provision in any other jurisdiction. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] - 5 - IN WITNESS WHEREOF, the parties hereto have executed this Amendment or caused it to be executed by their duly authorized officers, all as of the day and year first above written. BORROWERS: AMERICAN TOWER, L.P., a Delaware limited partnership By ATC GP INC., its General Partner By: /s/ Joseph L. Winn ----------------------------------- Name: Joseph L. Winn Title: Chief Financial Officer AMERICAN TOWERS, INC., a Delaware corporation By: /s/ Joseph L. Winn ----------------------------------- Name: Joseph L. Winn Title: Chief Financial Officer VERESTAR, INC., a Delaware corporation By: /s/ Joseph L. Winn ----------------------------------- Name: Joseph L. Winn Title: Chief Financial Officer TOWERSITES MONITORING, INC., a Delaware corporation By: /s/ Joseph L. Winn ----------------------------------- Name: Joseph L. Winn Title: Chief Financial Officer ADMINISTRATIVE AGENT AND LENDERS: TORONTO DOMINION (TEXAS), INC., as Administrative Agent and as a Lender By: /s/ ------------------------------------ Name: Jano Mott Title: Vice President THE BANK OF NEW YORK, as a Lender By: /s/ ------------------------------------ Name: Geoffrey C. Brooks Title: Senior Vice President THE CHASE MANHATTAN BANK, as a Lender By: /s/ ------------------------------------ Name: William E. Rottino Title: Vice President CREDIT SUISSE FIRST BOSTON, as Lender By: /s/ ------------------------------------ Name: David L. Sawyer Title: Vice President By: /s/ ------------------------------------ Name: Lalita Advani Title: Assistant Vice President ALLFIRST BANK, as a Lender By: /s/ ------------------------------------ Name: W. Blake Hampson Title: Vice President ALLSTATE LIFE INSURANCE COMPANY, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ By:_________________________________________ Name:____________________________________ Title:___________________________________ AIMCO CDO SERIES 2000-A, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ By:_________________________________________ Name:____________________________________ Title:___________________________________ AMARA-2 FINANCE, LTD., as a Lender By: INVESCO Senior Secured Management, Inc., as Subadvisor By: /s/ Thomas H.B. Ewald ------------------------------------------------ Name: Thomas H.B. Ewald Title: Authorized Signatory AVALON CAPITAL LTD., as a Lender 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. 2, as a Lender By: INVESCO Senior Secured Management, Inc., as Portfolio Advisor By: /s/ Thomas H.B. Ewald ------------------------------------------------ Name: Thomas H.B. Ewald Title: Authorized Signatory CERES II FINANCE LTD., as a Lender 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, as a Lender By: INVESCO Senior Secured Management, Inc., as Investment Advisor By: /s/ Thomas H.B. Ewald ------------------------------------------------ Name: Thomas H.B. Ewald Title: Authorized Signatory TRITON CDO IV, LIMITED, as a Lender By: INVESCO Senior Secured Management, Inc., as Investment Advisor By: /s/ Thomas H.B. Ewald ------------------------------------------------ Name: Thomas H.B. Ewald Title: Authorized Signatory ARCHIMEDES FUNDING, L.L.C., as a Lender By: ING Capital Advisors LLC, as Collateral Manager By:________________________________________________ Name:___________________________________________ Title:__________________________________________ ARCHIMEDES FUNDING II, LTD., as a Lender By: ING Capital Advisors LLC, as Collateral Manager By:________________________________________________ Name:___________________________________________ Title:__________________________________________ ARCHIMEDES FUNDING III, LTD., as a Lender By: ING Capital Advisors LLC, as Collateral Manager By:________________________________________________ Name:___________________________________________ Title:__________________________________________ ARCHIMEDES FUNDING IV (CAYMAN), LTD., as a Lender By: ING Capital Advisors LLC, as Collateral Manager By:________________________________________________ Name:___________________________________________ Title:__________________________________________ SEQUILS-ING I (HBDGM), LTD., as Assignee By: ING Capital Advisors LLC, as Collateral Manager By:________________________________________________ Name:___________________________________________ Title:__________________________________________ ADDISON CDO, LIMITED, as a Lender By: Pacific Investment Management Company, LLC, as its Investment Advisor By: /s/ Mohan V. Phansalkar ---------------------------------------------------- Name: Mohan V. Phansalkar Title: Executive Vice President ATHENA CDO, LIMITED, as a Lender By: Pacific Investment Management Company, LLC, as its Investment Advisor By: /s/ Mohan V. Phansalkar ---------------------------------------------------- Name: Mohan V. Phansalkar Title: Executive Vice President BEDFORD CDO, LIMITED, as a Lender By: Pacific Investment Management Company, LLC, as its Investment Advisor By: /s/ Mohan V. Phansalkar ---------------------------------------------------- Name: Mohan V. Phansalkar Title: Executive Vice President CAPTIVA III FINANCE LTD., as a Lender As advised by Pacific Investment Management Company, LLC By: /s/ David Dyer ---------------------------------------------------- Name: David Dyer Title: Director CAPTIVA IV FINANCE LTD., as a Lender As advised by Pacific Investment Management Company, LLC By: /s/ David Dyer ---------------------------------------------------- Name: David Dyer Title: Director DELANO COMPANY, as a Lender By: Pacific Investment Management Company, LLC, as its Investment Advisor By: /s/ Mohan V. Phansalkar ---------------------------------------------------- Name: Mohan V. Phansalkar Title: Executive Vice President JISSEKIKUN FUNDING, LTD., as a Lender By: Pacific Investment Management Company, LLC, as its Investment Advisor By: /s/ Mohan V. Phansalkar ---------------------------------------------------- Name: Mohan V. Phansalkar Title: Executive Vice President ROYALTON COMPANY, as a Lender By: Pacific Investment Management Company, LLC, as its Investment Advisor By: /s/ Mohan V. Phansalkar ---------------------------------------------------- Name: Mohan V. Phansalkar Title: Executive Vice President BALANCED HIGH YIELD FUND I LTD., as a Lender By: BHF (USA) Capital Corporation Acting as Attorney-in-Fact By:___________________________________________ Name:______________________________________ Title:_____________________________________ By:___________________________________________ Name:______________________________________ Title:_____________________________________ BALANCED HIGH YIELD FUND II, LTD., as a Lender By: BHF (USA) Capital Corporation Acting as Attorney-in-Fact By:___________________________________________ Name:______________________________________ Title:_____________________________________ By:___________________________________________ Name:______________________________________ Title:_____________________________________ BANK OF AMERICA, N.A., as a Lender By:___________________________________________ Name:______________________________________ Title:_____________________________________ BANK OF MONTREAL, as a Lender By: /s/ Sarah Kim ------------------------------------------ Name: Sarah Kim Title: Director THE BANK OF NOVA SCOTIA, as a Lender By: /s/ P.A. Weissenberger ----------------------------------------- Name: P.A. Weissenberger Title: Authorized Signatory BANK OF SCOTLAND, as a Lender By:______________________________________ Name:_________________________________ Title:________________________________ BANK UNITED, as a Lender By:___________________________________________ Name:______________________________________ Title:_____________________________________ BANKERS TRUST COMPANY, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ BAYERISCHE HYPO- UND VEREINSBANK AG, NEW YORK BRANCH, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ By:____________________________________________ Name:_______________________________________ Title:______________________________________ BEAR STEARNS CORPORATE LENDING INC., as a Lender By: /s/ --------------------------------------------- Name: Victor F. Bulzacchelli Title: Managing Director CARAVELLE INVESTMENT FUND, L.L.C., as a Lender By:Caravelle Advisors L.L.C. By:________________________________________________ Name:___________________________________________ Title:__________________________________________ CENTURION CDO II, LTD., as a Lender By:American Express Asset Management Group, Inc., as Collateral Manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ CARLYLE HIGH YIELD PARTNER II, LTD., as a Lender By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ CARLYLE HIGH YIELD PARTNER III, LTD., as a Lender By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ CITIZENS BANK OF MASSACHUSETTS, as successor to US Trust, as a Lender By: /s/ ------------------------------------------------ Name: Daniel G. Eastman Title: Senior Vice President COBANK, ACB, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ CONTINENTAL CASUALTY COMPANY, as a Lender By: /s/ ------------------------------------------ Name: Richard W. Dubberke Title: Vice President COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., "RABOBANK NEDERLAND", NEW YORK BRANCH, as a Lender By: /s/ ------------------------------------------------ Name: Douglas W. Zylstra Title: Senior Vice President By: /s/ ------------------------------------------------- Name: James S> Cunningham Title: Managing Director, Chief Risk Officer THE CIT GROUP/EQUIPMENT FINANCING, INC., as a Lender By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ DEXIA PUBLIC FINANCE BANK-NEW YORK AGENCY (f/k/a CREDIT LOCAL DE FRANCE - NEW YORK AGENCY), as a Lender By:__________________________________________________ Name:_____________________________________________ Title:____________________________________________ By:__________________________________________________ Name:_____________________________________________ Title:____________________________________________ CREDIT LYONNAIS NEW YORK BRANCH, as a Lender By: /s/ ----------------------------------------- Name: Patrick McCarthy Title: Authorized Signatory CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC., as a Lender As: Attorney-in-Fact and on behalf of First Allmerica Financial Life Insurance Company as Portfolio Manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ CYPRESSTREE INVESTMENT PARTNERS I, LTD., as a Lender By: CypressTree Investment Management Company, Inc., as Portfolio Manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ CYPRESSTREE INVESTMENT PARTNERS II, LTD., as a Lender By: CypressTree Investment Management Company, Inc., as Portfolio Manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ CYPRESSTREE SENIOR FLOATING RATE FUND, as a Lender By: CypressTree Investment Management Company, Inc., as Portfolio Manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ NORTH AMERICAN SENIOR FLOATING RATE FUND, as a Lender By: CypressTree Investment Management Company, Inc., as Portfolio Manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ NIB CAPITAL BANK N.V., as a Lender By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ DRESDNER BANK AG, NEW YORK AND GRAND CAYMAN BRANCHES, as a Lender By: /s/ --------------------------------------------- Name: Patrick A. Keleher Title: First Vice President By: /s/ ---------------------------------------------- Name: Brian Schneider Title: Assistant Vice President EATON VANCE CDO III, LTD., as a Lender By: Eaton Vance Management, as Investment Advisor By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ EATON VANCE INSTITUTIONAL SENIOR LOAN FUND, as a Lender By: Eaton Vance Management, as Investment Advisor By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ EATON VANCE SENIOR INCOME TRUST, as a Lender By: Eaton Vance Management, as Investment Advisor By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ GRAYSON & CO., as a Lender By: Boston Management and Research, as Investment Advisor By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ OXFORD STRATEGIC INCOME FUND, as a Lender By: Eaton Vance Management, as Investment Advisor By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ SENIOR DEBT PORTFOLIO, as a Lender By: Boston Management and Research, as Investment Advisor By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AG, as a Lender By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ By:_________________________________________________ Name:____________________________________________ Title:___________________________________________ FC-CBO II LIMITED, as a Lender By: /s/ ----------------------------------------- Name:____________________________________ Title:___________________________________ FIDELITY ADVISOR SERIES II: FIDELITY ADVISOR HIGH INCOME FUND, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ VARIABLE INSURANCE PRODUCTS FUND II: ASSET MANAGER PORTFOLIO, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ VARIABLE INSURANCE PRODUCTS FUND II: ASSET MANAGER GROWTH PORTFOLIO, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ FIRST DOMINION FUNDING III, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ FIRST UNION NATIONAL BANK, as a Lender By: /s/ ----------------------------------------- Name: Mark L. Cook Title: Senior Vice President FLEET NATIONAL BANK, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ FORTIS CAPITAL CORP., as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ By:_________________________________________ Name:____________________________________ Title:___________________________________ FRANKLIN FLOATING RATE TRUST, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ THE FUJI BANK, LIMITED, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ GALAXY CLO 1999-1, LTD., as a Lender By:SAI Investment Adviser, Inc., its Collateral Agent By:_________________________________________ Name:____________________________________ Title:___________________________________ GENERAL ELECTRIC CAPITAL CORPORATION, as a Lender By: /s/ ----------------------------------------- Name: Brian P. Ward Title: Manager - Operations HOWARD BANK, N.A., as a Lender By: /s/ ----------------------------------------- Name:____________________________________ Title:___________________________________ IBM CREDIT CORPORATION, as a Lender By: /s/ ---------------------------------------------------- Name: Ronald J. Bachner Title: Manager KEMPER FLOATING RATE FUND, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KEY CORPORATE CAPITAL INC., as a Lender By: /s/ ---------------------------------------------------- Name: Jason R. Weaver Title: Senior Vice President KZH CYPRESSTREE-1 LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KZH ING-1 LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KZH ING-2 LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KZH ING-3 LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KZH RIVERSIDE LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KZH SHOSHONE LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KZH SOLEIL-2 LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ KZH STERLING LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ LEHMAN COMMERCIAL PAPER INC., as a Lender By: /s/ ---------------------------------------------------- Name: G. Andrew Keith Title: Authorized Signatory MAGNETITE ASSET INVESTORS III L.L.C., as a Lender By: /s/ ---------------------------------------------------- Name:_______________________________________________ Title:______________________________________________ MERRILL LYNCH GLOBAL INVESTMENT SERIES: INCOME STRATEGIES PORTFOLIO, as a Lender By: Merrill Lynch Investment Managers, L.P., as Investment Advisor By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ MERRILL LYNCH PRIME RATE PORTFOLIO, as a Lender By: Merrill Lynch Investment Managers, L.P., as Investment Advisor By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ MASTER SENIOR FLOATING RATE TRUST, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ MERRILL LYNCH SENIOR FLOATING RATE FUND, INC., as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ SENIOR HIGH INCOME PORTFOLIO, INC., as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ DEBT STRATEGIES FUND, INC., as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ LONGHORN CDO (CAYMAN) LTD., as a Lender By: Merrill Lynch Asset Management, L.P., as Attorney In Fact By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ METROPOLITAN LIFE INSURANCE COMPANY, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ THE MITSUBISHI TRUST AND BANKING CORPORATION, as a Lender By: /s/ ---------------------------------------------------- Name: Toshihiro Hayashi Title: Senior Vice President MONY LIFE INSURANCE COMPANY, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ MORGAN STANLEY DEAN WITTER PRIME INCOME TRUST, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ MOUNTAIN CAPITAL CLO I, LTD., as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ MUIRFIELD TRADING LLC, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ OLYMPIC FUNDING TRUST, SERIES 1999-1, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ PPM SPYGLASS FUNDING TRUST, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ WINGED FOOT FUNDING TRUST, as a Lender By: /s/ ---------------------------------------------------- Name: Ann E. Morris Title: Authorized Agent NATEXIS BANQUES POPULAIRES, as a Lender By: /s/ ---------------------------------------------------- Name: Cynthia E. Sachs Title: VP, Group Manager By: /s/ ---------------------------------------------------- Name: Elizabeth A. Harker Title: Assistant Vice President NATIONAL CITY BANK, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ OCTAGON INVESTMENT PARTNERS II, LLC, as a Lender By: Octagon Credit Investors, LLC, as sub-investment manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ OCTAGON INVESTMENT PARTNERS III, LTD., as a Lender By: Octagon Credit Investors, LLC, as Portfolio Manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ OPPENHEIMER SENIOR FLOATING RATE FUND, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ ING PILGRIM SENIOR INCOME FUND, as a Lender By: ING Pilgrim Investments, Inc., as its investment manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ ML CLO XV PILGRIM AMERICA (CAYMAN) LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ ML CLO XX PILGRIM AMERICA (CAYMAN) LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ PILGRIM CLO 1999-1 LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ PILGRIM PRIME RATE TRUST, as a Lender By: Pilgrim Investments, Inc., as its investment manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ SEQUILS-PILGRIM 1, LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ PNC BANK, NATIONAL ASSOCIATION, as a Lender By:____________________________________________________ Name:_______________________________________________ Title:______________________________________________ ROYAL BANK OF CANADA, as a Lender By: /s/ ---------------------------------------- Name: Charles Romano Title: Senior Manager SANKATY HIGH YIELD PARTNERS II, L.P., as a Lender under the Loan Agreement By: /s/ ---------------------------------------------------- Name: Diane J. Exter Title: Managing Director, Portfolio Manager Sankaty Advisors, Inc. as Collateral Manager for GREAT POINT CLO 1999-1 LTD., as Term Lender and as a Lender under the Loan Agreement By: /s/ ---------------------------------------------------- Name: Diane J. Exter Title: Managing Director, Portfolio Manager SEABOARD CLO 2000 LTD, as a Lender By:_____________________________________________ Name:________________________________________ Title:_______________________________________ SENECA CBO II, L.P., as a Lender By: /s/ --------------------------------------- Name: Charles Dicke Title: Partner SENECA CBO III, LIMITED, as a Lender By: /s/ --------------------------------------- Name: Charles Dicke Title: Partner SEQUILS-CUMBERLAND I, LTD., as a Lender By: Deerfield Capital Management, L.L.C., as its Collateral Manager By:________________________________________________ Name:___________________________________________ Title:__________________________________________ SEQUILS-CUMBERLAND I, LLC., as a Lender By: Deerfield Capital Management, L.L.C., as its Collateral Manager By:________________________________________________ Name:___________________________________________ Title:__________________________________________ SUNTRUST BANK, as a Lender By:_________________________________________ Name:____________________________________ Title:___________________________________ TEXTRON FINANCIAL CORPORATION, as a Lender By: /s/ ----------------------------------------------- Name: Matthew J. Colgan Title: Director TITANIUM CBO I, LTD., as a Lender By: /s/ ------------------------------------------- Name:______________________________________ Title:_____________________________________ UNION BANK OF CALIFORNIA, N.A., as a Lender By: /s/ ------------------------------------------------ Name: Stender F. Sweeney, II Title: Vice President VAN KAMPEN CLO I, LIMITED, as a Lender By: Van Kampen Management, Inc., as Collateral Manager By: /s/ ---------------------------------------------------- Name: Darvin D. Pierce Title: Principal VAN KAMPEN CLO II, LIMITED, as a Lender By: Van Kampen Management, Inc., as Collateral Manager By: /s/ ---------------------------------------------------- Name: Darvin D. Pierce Title: Principal VAN KAMPEN SENIOR INCOME TRUST, as a Lender By: Van Kampen Investment Advisory Corp. By: /s/ ---------------------------------------------------- Name: Darvin D. Pierce Title: Principal WEBSTER BANK, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________