Waiver and Third Amendment 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 October 13, 2000, is between American Tower, L.P., American Towers, Inc., Verestar, Inc., several financial institutions, and Toronto Dominion (Texas), Inc. as administrative agent. It amends certain terms of a prior loan agreement, grants a waiver for specific past defaults related to transponder lease agreements, and updates definitions and financial covenants. The amendment is effective once signed by the majority of lenders, and all other terms of the original loan agreement remain unchanged.

EX-10.3 4 0004.txt THIRD AMENDED LOAN AGREEMENT EXHIBIT 10.3 EXECUTION COPY WAIVER AND THIRD AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT THIS WAIVER AND THIRD AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT, dated as of the 13th day of October, 2000 (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. Waiver. As a result of certain accounting treatments, the Borrower and ------ its Subsidiaries have entered into certain transponder lease agreements in violation of Section 7.1(g) of the Loan Agreement. The Borrower has requested that the Majority Lenders waive any Default or Event of Default that may have occurred as a result of its entering into the transponder lease agreements. Upon the execution hereof by the Majority Lenders, the Majority Lenders hereby waive any Default or Event of Default under Section 7.1(g) of the Loan Agreement that may have existed on or prior to the effective date of this Amendment solely as a result of the Borrower's transponder lease agreements. 2. Amendments. The Loan Agreement is hereby amended as more fully set for ---------- the below: (a) Amendment to Article 1. Section 1.1 of the Loan Agreement, ---------------------- Definitions, is hereby amended by deleting the definitions of "Available --------- Revolving Loan Commitment" and "Available Term Loan A Commitment" in their - ------------------------- -------------------------------- entireties 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 (together ----- with all Term Loan A Loans to be advanced on such date) plus (2) the ---- Letter of Credit Obligations then outstanding plus (3) any Capitalized ---- Lease Obligations then outstanding in excess of $50,000,000.00, 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." "Available Term Loan A Commitment" shall mean, as of any date (and -------------------------------- subject to Section 2.1(b) hereof), (a) for all times prior to the Borrowing Base Termination Date, the lesser of (i)(A) the Term Loan A Commitments in effect on such date minus (B) the Term Loan A Loans then outstanding, and ----- --- (ii)(A) the Borrowing Base on such date minus (B) the sum of (1) all Loans ----- then outstanding (together with all Revolving Loans to be advanced on such date) plus (2) the Letter of Credit Obligations then outstanding plus (3) ---- ---- any Capitalized Lease Obligations then outstanding in excess of $50,000,000.00, and (b) for all other times, the difference between (i) the Term A Loan Commitment in effect on such date and (ii) the Term A Loans then outstanding." (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 (A) the Borrowing Base minus (B) any Capitalized Lease ----- Obligations then outstanding in excess of $50,000,000.00 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 6. Section 6.3 of the Loan Agreement, ---------------------- Performance Certificates, is hereby amended by deleting subsection (c) thereof in its entirety and by substituting the following subsection in lieu thereof: -2- "(c) containing a list of all Acquisitions, Investments, Restricted Payments, dispositions of assets and any outstanding Capitalized Lease Obligations from the Agreement Date through the date of such certificate together with the total amount for each of the foregoing categories;" (d) Amendment to Article 7. 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 by substituting the following subsection in lieu thereof: "(g) Capitalized Lease Obligations not to exceed in the aggregate at any one time outstanding $100,000,000.00;" 3. No Other Amendment. 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. 4. Condition Precedent. The effectiveness of this Amendment is ------------------- subject to receipt by the Administrative Agent of executed signature pages to this Amendment from the Majority Lenders. 5. 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. 6. Governing Law. This Amendment shall be construed in accordance ------------- with and governed by the laws of the State of New York. 7. 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 THIS PAGE INTENTIONALLY LEFT BLANK] -3- 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 ------------------------------------------ ADMINISTRATIVE AGENT AND LENDERS: TORONTO DOMINION (TEXAS), INC., as Administrative Agent, for itself, the Issuing Bank and the Lenders, as Issuing Bank and as a Lender By: /s/ Jano Mott ---------------------------------------- Name: Jano Mott ---------------------------------- Title: Vice President ---------------------------------- THE BANK OF NEW YORK, as a Lender By: /s/ Geoffrey C. Brooks ------------------------------------------- Name: Geoffrey C. Brooks ------------------------------------- Title: Senior Vice President ------------------------------------ THE CHASE MANHATTAN BANK, as a Lender By: /s/ William E. Rottino ------------------------------------------- Name: William E. Rottino ------------------------------------- Title: Vice President ------------------------------------ CREDIT SUISSE FIRST BOSTON, as Lender By: /s/ David L. Sawyer ------------------------------------------- Name: David L. Sawyer ------------------------------------- Title: Vice President ------------------------------------- By: /s/ Kristin Lepri ------------------------------------------- Name: Kristin Lepri ------------------------------------- Title: Associate ------------------------------------- ALLFIRST BANK, as a Lender By: /s/ W. Blake Hampson ----------------------------------------- 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 ---------------------------------------- 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:___________________________________ THE ING CAPITAL SENIOR SECURED HIGH INCOME FUND, L.P., as Assignee By: ING Capital Advisors LLC, as Investment Advisor By:__________________________________________ Name: ___________________________________ Title:___________________________________ SEQUILS-ING I (HBDGM), LTD., as Assignee By: ING Capital Advisors LLC, as Collateral Manager By:__________________________________________ Name: ___________________________________ Title:___________________________________ ATHENA CDO, LIMITED, as a Lender By: Pacific Investment Management Company, as its Investment Advisor By:__________________________________________ Name: ___________________________________ Title:___________________________________ BEDFORD CDO, LIMITED, as a Lender By: Pacific Investment Management Company, as its Investment Advisor By:__________________________________________ Name: ___________________________________ Title:___________________________________ CAPTIVA III FINANCE LTD., as a Lender As advised by Pacific Investment Management Company By:__________________________________________ Name: ___________________________________ Title:___________________________________ CAPTIVA IV FINANCE LTD., as a Lender As advised by Pacific Investment Management Company By:__________________________________________ Name: ___________________________________ Title:___________________________________ CATALINA CDO LTD., as a Lender By: Pacific Investment Management Company, as its Investment Advisor By:__________________________________________ Name: ___________________________________ Title:___________________________________ DELANO COMPANY, as a Lender By: Pacific Investment Management Company, as its Investment Advisor By:__________________________________________ Name: ___________________________________ Title:___________________________________ ENHANCED BOND INDEX FUND SA31 (ACCT 138), as a Lender By: Pacific Investment Management Company, as its Investment Advisor, acting through The Chase Manhattan Bank in the Nominee Name of Atwell & Co. By:__________________________________________ Name: ___________________________________ Title:___________________________________ ROYALTON COMPANY, as a Lender By: Pacific Investment Management Company, as its Investment Advisor By:__________________________________________ Name: ___________________________________ Title:___________________________________ TRIGON HEALTHCARE INC. (ACCT 674), as a Lender By: Pacific Investment Management Company, as its Investment Advisor, acting through The Bank of New York in the Nominee Name of Hare & Co. By:__________________________________________ Name: ___________________________________ Title:___________________________________ BALANCED HIGH YIELD FUND I LTD., as a Lender By: BHF (USA) Capital Corporation Acting as Attorney-in-Fact By: /s/ Heidimarie E. Skor CFA ------------------------------------------------ Name: Heidimarie E. Skor CFA ----------------------------------------- Title: Managing Director, Asset Management ----------------------------------------- By: /s/ Dana L. McDougall ------------------------------------------------ Name: Dana L. McDougall ----------------------------------------- Title: Vice President ----------------------------------------- BALANCED HIGH YIELD FUND II, LTD., as a Lender By: BHF (USA) Capital Corporation Acting as Attorney-in-Fact By: /s/ Heidimarie E. Skor CFA ------------------------------------------------ Name: Heidimarie E. Skor CFA ----------------------------------------- Title: Managing Director, Asset Management ----------------------------------------- By: /s/ Dana L. McDougall ------------------------------------------------ Name: Dana L. McDougall ----------------------------------------- Title: Vice President ----------------------------------------- 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: /s/ Joseph Fratus -------------------------------------------- Name: Joseph Fratus ------------------------------------- Title: Vice President ------------------------------------- BANK UNITED, as a Lender By:__________________________________________ Name: ___________________________________ Title:___________________________________ BANKERS TRUST COMPANY, as a Lender By: /s/ Pam Divino --------------------------------------------- Name: Pam Divino --------------------------------------- Title: Vice President --------------------------------------- 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:__________________________________________ Name: ___________________________________ Title:___________________________________ CARAVELLE INVESTMENT FUND, L.L.C., as a Lender By: Caravelle Advisors L.L.C. By:__________________________________________ Name: ___________________________________ Title:___________________________________ CARLYLE HIGH YIELD PARTNER II, LTD., as a Lender By:__________________________________________ Name: ___________________________________ Title:___________________________________ CITIZENS BANK OF MASSACHUSETTS, as successor to US Trust, as a Lender By: /s/ Daniel G. Eastman --------------------------------------------- Name: Daniel G. Eastman -------------------------------------- Title: Senior Vice President -------------------------------------- CITY NATIONAL BANK, as a Lender By: /s/ Patrick M. Drum ----------------------------------------------- Name: Patrick M. Drum ---------------------------------------- Title: Vice President ---------------------------------------- COBANK, ACB, as a Lender By: /s/ Anita Youngblut ------------------------------------------ Name: Anita Youngblut ----------------------------------- Title: Vice President ----------------------------------- COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., "RABOBANK NEDERLAND", NEW YORK BRANCH By: /s/ Douglas W. Zylstra ----------------------------------------------- Name: Douglas W. Zylstra ---------------------------------------- Title: Senior Vice President ---------------------------------------- By: /s/ Edward Reyser ----------------------------------------------- Name: Edward Reyser ---------------------------------------- Title: Executive Director ----------------------------------------- THE CIT GROUP/EQUIPMENT FINANCING, INC., as a Lender By:__________________________________________ Name: ___________________________________ Title:___________________________________ CITICORP USA, 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/ Patrick McCarthy ------------------------------------------ Name: Patrick McCarthy ----------------------------------- Title: Authorized Signature ----------------------------------- CYPRESSTREE INSTITUTIONAL FUND, LLC, as a Lender By: CypressTree Investment Management Company, Inc. Its Managing Member By:__________________________________________ Name: ___________________________________ Title:___________________________________ CYPRESSTREE INVESTMENT FUND, LLC, as a Lender By: CypressTree Investment Management Company, Inc., its Managing Member 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: /s/ Henk L. Huizing ------------------------------------------ Name: Henk L. Huizing ----------------------------------- Title: SVP ----------------------------------- By: /s/ Hans Rijnberg ------------------------------------------ Name: Hans Rijnberg ----------------------------------- Title: Vice President ----------------------------------- DRESDNER BANK AG, NEW YORK AND GRAND CAYMAN BRANCHES, as a Lender By: /s/ Patrick A. Keleher ---------------------------------------------- Name: Patrick A. Keleher --------------------------------------- Title: Vice President --------------------------------------- By: /s/ Michael S. Greenberg ---------------------------------------------- Name: Michael S. Greenberg ---------------------------------------- Title: Assistant Vice President --------------------------------------- EATON VANCE CDO III, LTD., as a Lender 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, as a Lender By: Eaton Vance Management, as Investment Advisor By: /s/ Scott H. Page ----------------------------------------------- Name: Scott H. Page ----------------------------------------- Title: Vice President ----------------------------------------- EATON VANCE SENIOR INCOME TRUST, as a Lender By: Eaton Vance Management, as Investment Advisor By: /s/ Scott H. Page -------------------------------------------- Name: Scott H. Page ------------------------------------- Title: Vice President ------------------------------------- OXFORD STRATEGIC INCOME FUND, as a Lender By: Eaton Vance Management, as Investment Advisor By: /s/ Scott H. Page --------------------------------------------- Name: Scott H. Page -------------------------------------- Title: Vice President -------------------------------------- SENIOR DEBT PORTFOLIO, as a Lender By: Boston Management and Research, as Investment Advisor By: /s/ Scott H. Page --------------------------------------------- Name: Scott H. Page -------------------------------------- Title: Vice President -------------------------------------- ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AG, as a Lender By: /s/ John Fay ---------------------------------------------- Name: John Fay --------------------------------------- Title: Assistant Vice President --------------------------------------- Erste Bank New York Branch By: /s/ Rima Terradista ---------------------------------------------- Name: Rima Terradists --------------------------------------- Title: Vice President --------------------------------------- FC-CBO II LIMITED, as a Lender By:__________________________________________ 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/ Bruce W. Loftin ------------------------------------------ Name: Bruce W. Loftin ----------------------------------- Title: Senior Vice President ----------------------------------- FLEET NATIONAL BANK, as a Lender By: /s/ Ellery (Tim) Willard ----------------------------------------- Name: Ellery (Tim) Willard ----------------------------------- Title: Vice President ----------------------------------- 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/ Brian P. Ward ------------------------------------------ Name: Brian P. Ward ------------------------------------- Title: Manager - Operations ------------------------------------ HOWARD BANK, N.A., as a Lender By: /s/ Michael W. Quinn ------------------------------------------- Name: Michael W. Quinn ----------------------------------------- Title: Sr. Vice President ---------------------------------------- IBM CREDIT CORPORATION, as a Lender By:___________________________________________ Name:______________________________________ Title:_____________________________________ KEMPER FLOATING RATE FUND, as a Lender By:___________________________________________ Name:______________________________________ Title:_____________________________________ KEY CORPORATE CAPITAL INC., as a Lender By: /s/ Amy Ciano ------------------------------------------- Name: Amy Ciano -------------------------------------- Title: Vice President ------------------------------------- KZH CYPRESSTREE-1 LLC, as a Lender By:___________________________________________ Name:______________________________________ Title:_____________________________________ KZH ING-1 LLC, as a Lender By: /s/ Susan Lee ------------------------------------------- Name: Susan Lee -------------------------------------- Title: Authorized Agent ------------------------------------- KZH ING-2 LLC, as a Lender By: /s/ Susan Lee ------------------------------------------- Name: Susan Lee -------------------------------------- Title: Authorized Agent ------------------------------------- KZH ING-3 LLC, as a Lender By: /s/ Susan Lee ------------------------------------------- Name: Susan Lee -------------------------------------- Title: Authorized Agent ------------------------------------- KZH LANGDALE LLC, as a Lender By: /s/ Susan Lee ------------------------------------------- Name: Susan Lee ------------------------------------- Title: Authorized Agent ----------------------------------- KZH RIVERSIDE LLC, as a Lender By:___________________________________________ Name:______________________________________ Title:_____________________________________ KZH SHOSHONE LLC, as a Lender By: /s/ Susan Lee ------------------------------------------- Name: Susan Lee -------------------------------------- Title: Authorized Agent ------------------------------------- KZH SOLEIL-2 LLC, as a Lender By:___________________________________________ Name:______________________________________ Title:_____________________________________ LEHMAN COMMERCIAL PAPER INC., as a Lender By: /s/ G. Andrew Keith ------------------------------------------- Name: G. Andrew Keith -------------------------------------- Title: Authorized Signatory ------------------------------------- LIBERTY-STEIN ROE ADVISOR FLOATING RATE ADVANTAGE FUND, as a Lender By: Stein Roe & Farnham Incorporated, As Advisor By: /s/ Brian W. Good ------------------------------------------------- Name: Brian W. Good -------------------------------------------- Title: Sr. Vice President & Portfolio Manager ------------------------------------------- MERRILL LYNCH GLOBAL INVESTMENT SERIES: INCOME STRATEGIES PORTFOLIO, as a Lender By: Merrill Lynch Investment Managers, L.P., as Investment Advisor By: /s/ Joseph Matteo --------------------------------------------- Name: Joseph Matteo ---------------------------------------- Title: Authorized Signatory ---------------------------------------- MERRILL LYNCH PRIME RATE PORTFOLIO, as a Lender By: Merrill Lynch Investment Managers, L.P., as Investment Advisor By: /s/ Joseph Matteo ----------------------------------------------- Name: Joseph Matteo ------------------------------------------ Title: Authorized Signatory ---------------------------------------- MASTER SENIOR FLOATING RATE TRUST, as a Lender By: /s/ Joseph Matteo ----------------------------------------------- Name: Joseph Matteo ------------------------------------------ Title: Authorized Signatory ----------------------------------------- MERRILL LYNCH SENIOR FLOATING RATE FUND, INC., as a Lender By: /s/ Joseph Matteo ------------------------------------------------ Name: Joseph Matteo ------------------------------------------ Title: Authorized Signatory ----------------------------------------- SENIOR HIGH INCOME PORTFOLIO, INC., as a Lender By: /s/ Joseph Matteo -------------------------------------------------- Name: Joseph Matteo --------------------------------------------- Title: Authorized Signatory -------------------------------------------- DEBT STRATEGIES FUND, INC., as a Lender By: /s/ Joseph Matteo -------------------------------------------------- Name: Joseph Matteo --------------------------------------------- Title: Authorized Signatory -------------------------------------------- DEBT STRATEGIES FUND II, INC., as a Lender By: /s/ Joseph Matteo -------------------------------------------------- Name: Joseph Matteo --------------------------------------------- Title: Authorized Signatory -------------------------------------------- DEBT STRATEGIES FUND III, INC., as a Lender By: /s/ Joseph Matteo -------------------------------------------------- Name: Joseph Matteo --------------------------------------------- Title: Authorized Signatory -------------------------------------------- LONGHORN CDO (CAYMAN) LTD., as a Lender By: Merrill Lynch Asset Management, L.P., as Attorney In Fact By: /s/ Joseph Matteo -------------------------------------------------- Name: Joseph Matteo --------------------------------------------- Title: Authorized Signatory --------------------------------------------- METROPOLITAN LIFE INSURANCE COMPANY, as a Lender By: /s/ James R. Dingler -------------------------------------------------- Name: James R. Dingler --------------------------------------------- Title: Director -------------------------------------------- THE MITSUBISHI TRUST AND BANKING CORPORATION, as a Lender By: /s/ Toshihiro Hayashi -------------------------------------------- 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: /s/ Sheila Finnerty ------------------------------------------ Name: Sheila Finnerty ------------------------------------- Title: Sr. Vice President ------------------------------------ MOUNTAIN CAPITAL CLO I, LTD., as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ MUIRFIELD TRADING LLC, as a Lender By: /s/ Ann E. Morris ----------------------------------------------- Name: Ann E. Morris ------------------------------------------ Title: Asst. Vice President ----------------------------------------- OLYMPIC FUNDING TRUST, SERIES 1999-1, as a Lender By: /s/ Ann E. Morris ----------------------------------------------- Name: Ann E. Morris ------------------------------------------ Title: Authorized Agent ----------------------------------------- PPM SPYGLASS FUNDING TRUST, as a Lender By:_______________________________________________ Name:__________________________________________ Title:_________________________________________ WINGED FOOT FUNDING TRUST, as a Lender By: /s/ Ann E. Morris ----------------------------------------------- Name: Ann E. Morris ------------------------------------------ Title: Authorized Agent ----------------------------------------- NATEXIS BANQUES POPULAIRES, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ 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:_____________________________________________ ML CLO XV PILGRIM AMERICA (CAYMAN) LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By: /s/ Jeffrey A. Bakalar ---------------------------------------------------- Name: Jeffrey A. Bakalar ----------------------------------------------- Title: Senior Vice President ---------------------------------------------- ML CLO XX PILGRIM AMERICA (CAYMAN) LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By: /s/ Jeffrey A. Bakalar ---------------------------------------------------- Name: Jeffrey A. Bakalar ----------------------------------------------- Title: Senior Vice President ---------------------------------------------- PILGRIM CLO 1999-1 LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By: /s/ Jeffrey A. Bakalar ---------------------------------------------------- Name: Jeffrey A. Bakalar ----------------------------------------------- Title: Senior Vice President ---------------------------------------------- PILGRIM PRIME RATE TRUST, as a Lender By: Pilgrim Investments, Inc., as its investment manager By: /s/ Jeffrey A. Bakalar ---------------------------------------------------- Name: Jeffrey A. Bakalar ----------------------------------------------- Title: Senior Vice President ---------------------------------------------- SEQUILS-PILGRIM 1, LTD., as a Lender By: Pilgrim Investments, Inc., as its investment manager By: /s/ Jeffrey A. Bakalar ---------------------------------------------------- Name: Jeffrey A. Bakalar ----------------------------------------------- Title: Senior Vice President ---------------------------------------------- PNC BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ Keith R. White ---------------------------------------------------- Name: Keith R. White ------------------------------------------------ Title: Vice President ---------------------------------------------- PUTNAM HIGH YIELD TRUST, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ ROYAL BANK OF CANADA, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ SANKATY HIGH YIELD PARTNERS II, L.P., as a Lender By: /s/ Diane J. Exter --------------------------------------------------- Name: Diane J. Exter ---------------------------------------------- Title: Executive Vice President --------------------------------------------- Portfolio Manager Sankaty Advisors, Inc. as Collateral Manager for GREAT POINT CLO 1999-1 LTD., as Term Lender By: /s/ Diane J. Exter --------------------------------------------------- Name: Diane J. Exter ---------------------------------------------- Title: Executive Vice President --------------------------------------------- Portfolio Manager SUNTRUST BANK, as a Lender By:____________________________________________ Name:_______________________________________ Title:______________________________________ TEXTRON FINANCIAL CORPORATION, as a Lender By: /s/ Stuart Schulman ---------------------------------------------------- Name: Stuart Schulman ----------------------------------------------- Title: Managing Director ---------------------------------------------- UNION BANK OF CALIFORNIA, N.A., as a Lender By: /s/ Stender E. Sweeney II --------------------------------------------------- Name: Stender E. Sweeney II ---------------------------------------------- Title: Vice President --------------------------------------------- VAN KAMPEN SENIOR INCOME TRUST, as a Lender By: Van Kampen Investment Advisory Corp. By: /s/ Darvin D. Pierce --------------------------------------------------- Name: Darvin D. Pierce ---------------------------------------------- Title: Vice President --------------------------------------------- WEBSTER BANK, as a Lender By: /s/ Paul T. Savino -------------------------------------------------- Name: Paul T. Savino --------------------------------------------- Title: Vice President --------------------------------------------