Schedules and Exhibits
Exhibit 10.1
Schedules and Exhibits
Exhibit 2.1 |
| Revolving Note | |
Exhibit 2.2(b) |
| Borrowing Notice | |
Exhibit 2.3(c) |
| Continuation/Conversion Notice | |
Exhibit 2.8 |
| Intentionally Left Blank | |
Exhibit 6.2(b) |
| Certificate Accompanying Financial Statements | |
Exhibit 10.5 |
| Assignment and Acceptance Agreement | |
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Schedule 1.1(a) |
| Existing Liens | |
Schedule 3.1 |
| Lenders Schedule | |
Schedule 4.1 |
| Security Documents | |
Schedule 5 |
| Disclosure Schedule | |
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| Section 5.6 | Material Adverse Effect |
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| Section 5.7 | Material Restrictions |
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| Section 5.9 | Litigation |
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| Section 5.10 | Labor Disputes and Acts of God |
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| Section 5.11 | ERISA Disclosures |
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| Section 5.12 | Environmental and Other Laws |
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| Section 5.13 | Names and Places of Business |
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| Section 5.14 | Subsidiaries |
Schedule 7.1 |
| Existing Indebtedness |
1
EXHIBIT 2.1
AMENDED AND RESTATED REVOLVING NOTE
Houston, Texas |
| February , 2007 |
FOR VALUE RECEIVED, the undersigned, Comfort Systems USA, Inc., a Delaware corporation (herein called Borrower), hereby promises to pay to the order of (herein called Lender), the principal sum equal to its Revolving Loan Commitment as set forth in the Credit Agreement (as hereinafter defined), or, if greater or less, the aggregate unpaid principal amount of the Revolving Loans made by Lender to Borrower pursuant to the terms of the Credit Agreement (as hereinafter defined), together with interest on the unpaid principal balance thereof as set forth in the Credit Agreement, both principal and interest payable as herein provided in lawful money of the United States of America at the offices of Agent under the Credit Agreement, or at such other place within Houston, Harris County, Texas, as from time to time may be designated by the holder of this Note.
This Note (a) is issued and delivered under that certain Amended and Restated Credit Agreement of even date herewith among Borrower, Wachovia Bank, N.A., as Lead Arranger and Administrative Agent, and the lenders (including Lender) referred to therein (herein, as from time to time supplemented, amended or restated, called the Credit Agreement), and is a Note as defined therein, (b) is subject to the terms and provisions of the Credit Agreement, which contains provisions for payments and prepayments hereunder and acceleration of the maturity hereof upon the happening of certain stated events, and (c) is secured by and entitled to the benefits of certain Security Documents (as identified and defined in the Credit Agreement). Payments on this Note shall be made and applied as provided in the Credit Agreement. Reference is hereby made to the Credit Agreement for a description of certain rights, limitations of rights, obligations and duties of the parties hereto and for the meanings assigned to terms used and not defined herein and to the Security Documents for a description of the nature and extent of the security thereby provided and the rights of the parties thereto.
Notwithstanding the foregoing paragraph and all other provisions of this Note, in no event shall the interest payable hereon, whether before or after maturity, exceed the maximum amount of interest which, under applicable Law, may be contracted for, charged, or received on this Note, and this Note is expressly made subject to the provisions of the Credit Agreement which more fully set out the limitations on how interest accrues hereon. In the event applicable Law provides for an interest ceiling under Chapter 303 of the Texas Finance Code (the Texas Finance Code) as amended, for that day, the ceiling shall be the weekly ceiling as defined in the Texas Finance Code and shall be used in this Note for calculating the Highest Lawful Rate and for all other purposes. The term applicable law as used in this Note shall mean the laws of the State of Texas or the laws of the United States, whichever laws allow the greater interest, as such laws now exist or may be changed or amended or come into effect in the future.
If this Note is placed in the hands of an attorney for collection after default, or if all or any part of the indebtedness represented hereby is proved, established or collected in any court or in any bankruptcy, receivership, debtor relief, probate or other court proceedings, Borrower and
2
all endorsers, sureties and guarantors of this Note jointly and severally agree to pay reasonable attorneys fees and collection costs to the holder hereof in addition to the principal and interest payable hereunder.
Borrower and all endorsers, sureties and guarantors of this Note hereby severally waive demand, presentment, notice of demand and of dishonor and nonpayment of this Note, protest, notice of protest, notice of intention to accelerate the maturity of this Note, declaration or notice of acceleration of the maturity of this Note, diligence in collecting, the bringing of any suit against any party and any notice of or defense on account of any extensions, renewals, partial payments or changes in any manner of or in this Note or in any of its terms, provisions and covenants, or any releases or substitutions of any security, or any delay, indulgence or other act of any trustee or any holder hereof, whether before or after maturity.
This Note and the rights and duties of the parties hereto shall be governed by the Laws of the State of Texas (without regard to principles of conflicts of law), except to the extent the same are governed by applicable federal Law.
This indebtedness evidenced by this Note is given in partial renewal, extension and restatement of (but not in extinguishment or novation of) the Prior Indebtedness, as defined and described in the Credit Agreement.
| COMFORT SYSTEMS USA, INC. | |
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| By: |
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| Name: |
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| Title: |
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3
EXHIBIT 2.2(b)
BORROWING NOTICE
Reference is made to that certain Amended and Restated Credit Agreement dated as of February , 2007 (as from time to time amended, the Agreement), by and among Comfort Systems USA, Inc. (Borrower), Wachovia Bank, N.A., as Lead Arranger and Administrative Agent, and certain financial institutions (Lenders). Terms which are defined in the Agreement are used herein with the meanings given them in the Agreement. Borrower hereby requests a Borrowing of new Revolving Loans to be advanced pursuant to Section 2.2(a) of the Agreement as follows:
Aggregate amount of Borrowing: |
| $____________________ |
Type of Loans in Borrowing: |
| _____________________ |
Date on which Revolving Loans are to be advanced: |
| _____________________ |
Length of Interest Period for |
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Eurodollar Loans (1, 2, 3, or 6 months): |
| months |
If combined with existing Revolving Loans see attached Continuation/Conversion Notice. |
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To induce Lenders to make such Revolving Loans, Borrower hereby represents, warrants, acknowledges, and agrees to and with Agent and each Lender that:
(a) The officer of Borrower signing this instrument is the duly elected, qualified and acting officer of Borrower as indicated below such officers signature hereto having all necessary authority to act for Borrower in making the request herein contained.
(b) The representations and warranties of Borrower set forth in the Agreement and the other Loan Documents are true and correct in all material respects (without duplication of materiality qualifiers contained therein) on and as of the date hereof (except to the extent that the facts on which such representations and warranties are based have been changed by the extension of credit under the Agreement), with the same effect as though such representations and warranties had been made on and as of the date hereof, except for any such representation or warranty that expressly applies to a specified earlier date, in which case such representation or warranty shall have been true in all material respects on and as of such earlier date.
(c) There does not exist on the date hereof any condition or event which constitutes a Default which has not been waived in writing as provided in Section 10.1(a) of the Agreement; nor will any such Default exist upon Borrowers receipt and application of the Loans requested hereby. Borrower will use the Loans hereby requested in compliance with Section 2.4 of the Agreement.
(d) Except to the extent waived in writing as provided in Section 10.1(a) of the Agreement, each Restricted Person has performed and complied with all agreements and conditions in the Agreement required to be performed or complied with by such Restricted
1
Person on or prior to the date hereof, and each of the conditions precedent to Advances contained in the Agreement remains satisfied.
(e) Intentionally Left Blank.
(f) The Loan Documents have not been modified, amended or supplemented by any unwritten representations or promises, by any course of dealing, or by any other means not provided for in Section 10.1(a) of the Agreement. The Agreement and the other Loan Documents are hereby ratified, approved, and confirmed in all respects.
The officer of Borrower signing this instrument hereby certifies that, to the best of his knowledge after due inquiry, the above representations, warranties, acknowledgments, and agreements of Borrower are true, correct and complete.
IN WITNESS WHEREOF, this instrument is executed as of , 20 .
| COMFORT SYSTEMS USA, INC. | |
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| By: |
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| Name: |
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| Title: |
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2
EXHIBIT 2.3(c)
CONTINUATION/CONVERSION NOTICE
Reference is made to that certain Amended and Restated Credit Agreement dated as of February , 2007 (as from time to time amended, the Agreement), by and among Comfort Systems USA, Inc. (Borrower), Wachovia Bank, N.A., as Lead Arranger and Administrative Agent, and the lenders referred to therein (Lenders). Terms which are defined in the Agreement are used herein with the meanings given them in the Agreement.
Borrower hereby requests a Conversion or Continuation of existing Loans into a new Borrowing pursuant to Section 2.3 of the Agreement as follows:
Existing Borrowing(s) to be continued or converted:
$ of Eurodollar Loans with Interest Period ending
$ of Base Rate Loans
If being combined with new Loans, $ of new Loans to be advanced on
Aggregate amount of Borrowing: $
Type of Loans in new Borrowing:
Date of Continuation or Conversion:
Length of Interest Period for Eurodollar Loans (1, 2, 3, or 6 months): months
IN WITNESS WHEREOF this instrument is executed as of .
| COMFORT SYSTEMS USA, INC. | |
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| By: |
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| Name: |
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| Title: |
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1
EXHIBIT 2.8
INTENTIONALLY LEFT BLANK
1
EXHIBIT 6.2(b)
CERTIFICATE ACCOMPANYING
FINANCIAL STATEMENTS
Reference is made to that certain Amended and Restated Credit Agreement dated as of February , 2007 (as from time to time amended, the Agreement), by and among Comfort Systems USA, Inc. (Borrower), Wachovia Bank, N.A., as Lead Arranger and Administrative Agent, and certain financial institutions (Lenders), which Agreement is in full force and effect on the date hereof. Terms which are defined in the Agreement are used herein with the meanings given them in the Agreement.
This Certificate is furnished pursuant to Section 6.2(b) of the Agreement. Together herewith Borrower is furnishing to Agent and each Lender s the [audited/unaudited] financial statements of Borrower (the Financial Statements) as at (the Reporting Date). Borrower hereby represents, warrants, and acknowledges to Agent and each Lender that:
(a) the officer of Borrower signing this instrument is the duly elected, qualified and acting of Borrower and as such is Borrowers chief financial officer;
(b) the Financial Statements are fair and complete in all material respects and satisfy the requirements of the Agreement;
(c) attached hereto is a schedule of calculations showing Borrowers compliance as of the Reporting Date with the requirements of Section 7.11 of the Agreement *[and Borrowers non-compliance as of such date with the requirements of Section of the Agreement];
(d) on the Reporting Date Borrower was, and on the date hereof Borrower is, in full compliance with the disclosure requirements of Section 6.2 of the Agreement, and no Default otherwise existed on the Reporting Date or otherwise exists on the date of this instrument *[except for Default(s) under Section(s) of the Agreement, which *[is/are] more fully described on a schedule attached hereto].
The officer of Borrower signing this instrument hereby certifies that he has reviewed the Loan Documents and the Financial Statements and has otherwise undertaken such inquiry as is in his opinion necessary to enable him to express an informed opinion with respect to the above.
IN WITNESS WHEREOF, this instrument is executed as of , 20 .
| Comfort Systems USA, Inc. | |
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| By: |
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1
EXHIBIT 10.5
ASSIGNMENT AND ACCEPTANCE
Reference is made to the Amended and Restated Credit Agreement dated as of February , 2007 (the Credit Agreement) among Comfort Systems USA, Inc., a Delaware corporation (the Borrower), the Lenders (as defined in the Credit Agreement) and Wachovia Bank, N.A., as Lead Arranger and Administrative Agent for the Lenders (the Agent). Terms defined in the Credit Agreement are used herein with the same meaning.
The Assignor and the Assignee referred to on Schedule 1 agree as follows:
1. The Assignor hereby sells and assigns to the Assignee, without recourse and without representation or warranty except as expressly set forth herein, and the Assignee hereby purchases and assumes from the Assignor, an interest in and to the Assignors rights and obligations under the Credit Agreement and the other Loan Documents as of the date hereof equal to the percentage interest specified on Schedule 1 of all outstanding rights and obligations under the Credit Agreement and the other Loan Documents. After giving effect to such sale and assignment, the Assignees Commitment and the amount of the Loans owing to the Assignee will be as set forth on Schedule 1.
2. The Assignor (i) represents and warrants that it is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free and clear of any adverse claim; (ii) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with the Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any other instrument or document furnished pursuant thereto; (iii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Restricted Person or the performance or observance by any Restricted Person of any of its obligations under the Loan Documents or any other instrument or document furnished pursuant thereto; and (iv) attaches the Note held by the Assignor and requests that Agent exchange such Note for new Notes payable to the order of the Assignee in an amount equal to the Commitment assumed by the Assignee pursuant hereto and to the Assignor in an amount equal to the Commitment retained by the Assignor, if any, as specified on Schedule 1.
3. The Assignee (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements referred to in Section 6.2 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance; (ii) agrees that it will, independently and without reliance upon Agent, the Assignor or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) confirms that it is an Eligible Assignee; (iv) appoints and authorizes Agent to take such action as Agent on its behalf and to exercise such powers and discretion under the Credit Agreement as are delegated to Agent by the terms thereof, together with such powers and discretion as are reasonably incidental thereto; (v) agrees that it will perform in accordance with their terms all of the obligations that by the terms
1
of the Credit Agreement are required to be performed by it as a Lender; and (vi) attaches any required U.S. Internal Revenue Service forms.
4. Following the execution of this Assignment and Acceptance, it will be delivered to Agent for acceptance and recording by Agent and (unless an Event of Default shall have occurred and be continuing) acceptance by Borrower. The effective date for this Assignment and Acceptance (the Effective Date) shall be the date of acceptance hereof by Agent and, unless an Event of Default shall have occurred and be continuing, Borrower, unless otherwise specified on Schedule 1.
5. Upon such acceptance and recording by Agent, as of the Effective Date, (i) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Lender thereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance, relinquish its rights and be released from its obligations under the Credit Agreement. Upon such acceptance and recording by Agent, from and after the Effective Date, Agent shall make all payments under the Credit Agreement and the Notes in respect of the interest assigned hereby (including, without limitation, all payments of principal, interest and commitment fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Credit Agreement and the Notes for periods prior to the Effective Date directly between themselves.
6. This Assignment and Acceptance shall be governed by, and construed in accordance with, the Laws of the State of Texas.
7. This Assignment and Acceptance may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of Schedule 1 to this Assignment and Acceptance by telecopier shall be effective as delivery of a manually executed counterpart of this Assignment and Acceptance.
IN WITNESS WHEREOF, the Assignor and the Assignee have caused Schedule 1 to this Assignment and Acceptance to be executed by their officers thereunto duly authorized as of the date specified thereon.
2
SCHEDULE 1
to
ASSIGNMENT AND ACCEPTANCE
Percentage interest assigned: |
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Assignees Revolving Loan Commitment: | $ |
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Aggregate outstanding principal amount of Revolving Loans assigned: | $ |
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Principal amount of Revolving Note payable to Assignee: | $ |
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Principal amount of Revolving Note payable to Assignor: | $ |
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Effective Date (if other than date of acceptance by Agent): |
| * , 20 |
| [NAME OF ASSIGNOR], as Assignor | ||||
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| By: |
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| Title: |
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| Dated: |
| , 20 |
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| [NAME OF ASSIGNEE], as Assignee | ||||
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| By: |
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| Title: |
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| Domestic Lending Office: | ||||
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| Eurodollar Lending Office: | ||||
* This date should be no earlier than five Business Days after the delivery of this Assignment and Acceptance to Agent.
Accepted [and Approved] **
this day of , 20
3
Wachovia Bank, N.A. |
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By: |
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Title: |
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[Approved this day |
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of , 20 |
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[NAME OF BORROWER] |
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By: |
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Title: |
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** Required if the Assignee is an Eligible Transferee solely by reason of subsection (b) of the definition of Eligible Transferee.
4
SCHEDULE 1.1(A)
EXISTING LIENS
Debtor |
| Jurisdiction |
| Filing Number |
| Filing |
| Secured Party |
Accurate Air Systems, L.P. |
| Texas |
| 95-00073962 |
| 04/14/95 |
| HT Financial Corp. dba Vical Financial |
Accurate Air Systems, L.P. |
| Texas |
| 00-756074 |
| 01/20/00 |
| HT Financial Corp dba Vical Financial |
Accurate Air Systems, L.P. |
| Texas |
| 05-00016690 |
| 01/14/05 |
| HT Financial Corp dba Vical Financial |
Accurate Air Systems, L.P. |
| Texas |
| 04-0051134644 |
| 12/16/03 |
| US Bancorp |
Atlas Comfort Systems USA, L.P. (f/k/a Atlas Air Conditioning, L.P.) |
| Texas |
| 30002699594 |
| 9/25/02 |
| Inter-tel Leasing, Inc. |
Atlas Comfort Systems USA, L.P. |
| Texas |
| 05-0034118375 |
| 11/03/05 |
| Inter-tel Leasing, Inc. |
Atlas Comfort Systems USA, L.P. |
| Texas |
| 06-0035384544 |
| 10/25/06 |
| US Bancorp |
Atlas Comfort Systems USA, L.P. |
| Texas |
| 06-0038714039 |
| 11/27/06 |
| US Bancorp |
Atlas Comfort Systems USA, L.P. |
| Texas |
| 06-0041092860 |
| 12/19/06 |
| Inter-Tel Leasing, Inc. |
Batchelors Mechanical Contractors, Inc. |
| Alabama |
| 04-0972077 |
| 12/17/04 |
| Beard Equipment Company |
Batchelors Mechanical Contractors, Inc. |
| Alabama |
| 05-0060985 |
| 01/24/05 |
| Beard Equipment Company |
California Comfort Systems USA, Inc. |
| California |
| 04 ###-###-#### |
| 11/24/04 |
| Employment Development Department |
Comfort Systems USA, Inc. |
| Delaware |
| 10923560 |
| 8/13/01 |
| Pullman Bank and Trust Company |
Comfort Systems USA, Inc. |
| Delaware |
| 20326656 |
| 01/14/02 |
| Pacific Rim Capital, Inc. |
Comfort Systems USA, Inc. |
| Delaware |
| 20654099 |
| 02/22/02 |
| Pullman Bank and Trust Company |
Comfort Systems USA, Inc. |
| Delaware |
| 62628436 |
| 07/31/06 |
| Pullman Bank and Trust Company |
Comfort Systems USA, Inc. |
| Delaware |
| 30438237 |
| 1/27/03 |
| Ford Motor Credit Co. |
Comfort Systems USA, Inc. |
| Delaware |
| 40458184 |
| 2/19/04 |
| Citicorp Leasing, Inc. |
Comfort Systems USA, Inc. |
| Florida |
| 200202820287 |
| 12/11/02 |
| Liberty North America Corporation |
Comfort Systems USA, Inc. |
| Indiana |
| 200200006843530 |
| 6/29/02 |
| Ford Motor Credit Co. |
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Debtor |
| Jurisdiction |
| Filing Number |
| Filing |
| Secured Party |
Comfort Systems USA, Inc. |
| Texas |
| 20036050096 |
| 7/3/02 |
| Ford Motor Credit Co. |
Comfort Systems USA (Bristol), Inc. |
| Delaware |
| 11204911 |
| 09/21/01 |
| The Cit Group/Equipment |
Comfort Systems USA (Bristol), Inc. |
| Delaware |
| 32720319 |
| 10/07/03 |
| Greene County Bank |
Comfort Systems USA (Bristol), Inc. |
| Texas |
| 20030770988 |
| 5/20/02 |
| Farmers State Bank |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 10923560 |
| 08/13/01 |
| Pullman Bank and Trust Company |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 20326656 |
| 01/14/02 |
| Pacific Rim Capital, Inc. |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 20654099 |
| 02/22/02 |
| Pullman Bank and Trust Company |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 62628436 |
| 07/31/06 |
| Pullman Bank and Trust Company |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 22295701 |
| 09/09/02 |
| US Bancorp |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 30438237 |
| 01/27/03 |
| Ford Motor Credit Co |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 40458184 |
| 02/19/04 |
| Citicorp Leasing, Inc. |
Comfort Systems USA (Hartford), Inc. |
| Delaware |
| 52376490 |
| 08/02/05 |
| The City Group/Equipment Financing, Inc. |
Comfort Systems USA (Southeast), Inc. |
| Delaware |
| 62475481 |
| 07/18/06 |
| Thompson Tractor Co., Inc. |
Comfort Systems USA (Pasadena), L.P. (f/k/a United Environmental Services, L.P.) |
| Texas |
| 30008112429 |
| 11/14/02 |
| IOS Capital, LLC |
Comfort Systems USA (Western Michigan), Inc. |
| Michigan |
| D937345 |
| 07/23/02 |
| New Equipment Leasing Inc. |
Comfort Systems USA (Western Michigan), Inc. |
| Michigan |
| 2003056075-1 |
| 3/25/03 |
| New Equipment Leasing Inc. |
Helm Corporation |
| Colorado |
| 20012028540 |
| 04/12/01 |
| Citicorp Vendor Finance Inc. |
Helm Corporation |
| Colorado |
| 2006F033790 |
| 04/07/06 |
| Citicorp Vendor Finance Inc. |
North American Mechanical, Inc. |
| Delaware |
| 53961126 |
| 12/21/05 |
| Rhyme Business Products |
Quality Air Heating and Cooling, Inc. |
| Michigan |
| D960195 |
| 09/30/02 |
| Ervin Leasing Company |
Salmon & Alder, LLC |
| Utah |
| 01-707637 |
| 02/27/01 |
| The City Group/Equipment Financing Inc. |
S.I. Goldman Company, Inc. |
| Delaware |
| 31620932 |
| 05/23/03 |
| Canon Financial Services, Inc. |
S.I. Goldman Company, Inc. |
| Delaware |
| 31841157 |
| 06/13/03 |
| Canon Financial Services, Inc. |
2
Debtor |
| Jurisdiction |
| Filing Number |
| Filing |
| Secured Party |
S.I. Goldman Company, Inc. |
| Delaware |
| 50011917 |
| 01/03/05 |
| Safeco Credit Co. Inc. |
S.M. Lawrence Co., Inc. |
| Tennessee |
| 101031279 |
| 05/23/01 |
| Nikon Inc. Instrument Group |
Tri-City Mechanical, Inc. |
| Arizona |
| 200513584560 |
| 04/01/05 |
| Marlin Leasing Corp |
Western Building Services, Inc. |
| Colorado |
| 2004F123574 |
| 11/09/04 |
| Dell Financial Services, L.P. |
3
SCHEDULE 3.1
LENDERS SCHEDULE
Domestic Lending Office |
| Eurodollar |
| Percentage |
| Revolving Loan |
| |
Wachovia Bank, N.A. 2800 Post Oak Blvd., Suite 3400 Houston, Texas 77056 Telephone: (713) 402-3614 |
| Same |
| 25 | % | $ | 25,000,000 |
|
Capital One, N.A. 5718 Westheimer, Suite 600 Houston, Texas 77057 Telephone: (713) 435-5024 Fax: (713) 706-5499 |
| Same |
| 25 | % | $ | 25,000,000 |
|
Bank of Texas, N.A. 5 Houston Center 1401 McKinney, Suite 1650 Houston, Texas 77010 Telephone: (713) 289-5855 Fax: (713) 289-5825 |
| Same |
| 25 | % | $ | 25,000,000 |
|
Bank of Scotland 565 Fifth Avenue New York, NY 10017 Telephone: (212) 450-0837 Fax: (212 ###-###-#### |
| Same |
| 25 | % | $ | 25,000,000 |
|
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SCHEDULE 4.1
SECURITY DOCUMENTS
1. Amended and Restated Security Agreement by and among Borrower and its subsidiaries and Wachovia Bank, N.A., as Lead Arranger and Administrative Agent.
2. Amended and Restated Pledge Agreement by and among Borrower and its subsidiaries and Wachovia Bank, N.A., as Lead Arranger and Administrative Agent.
3. Assignment of Notes and Liens dated as of February 20, 2007 (the Assignment of Prior Credit Documents) among Capital One, N.A., formerly known as Hibernia National Bank, as agent and lender, Bank of Texas, Bank of Scotland, First Bank & Trust and RZB Finance LLC, as lenders, and Wachovia Bank, N.A., as administrative agent and lender, Bank of Texas, N.A., Bank of Scotland and Capital One, N.A., as lenders, and Borrower.
4. Intercreditor Agreement dated as of October 23, 2003 among Federal Insurance Company, an Indiana corporation, Arch Insurance Company, a Missouri corporation, and Bank of Texas, N.A., as amended by the First Amendment to Intercreditor Agreement dated as of March 1, 2005, as amended by the Second Amendment to Intercreditor Agreement dated as of June 30, 2005, as assigned to the Prior Agent pursuant to the Assignment of Notes and Liens dated June 30, 2005 among Bank of Texas, N.A., the Prior Agent and the Borrower, as amended by the Third Amendment to Intercreditor Agreement dated as of September 29, 2006, as amended by the Fourth Amendment to Intercreditor Agreement dated as of February 20, 2007, and as assigned to Wachovia Bank, N.A., as Lead Arranger and Administrative Agent, pursuant to the Assignment of Prior Credit Documents.
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SECTION 5.6 to SCHEDULE 5
Material Adverse Effect
NONE
1
SECTION 5.7 to SCHEDULE 5
Material Restrictions
NONE
1
SECTION 5.9 to SCHEDULE 5
Litigation
NONE
1
SECTION 5.10 to SCHEDULE 5
Labor Disputes and Acts of God
NONE
1
SECTION 5.11 to SCHEDULE 5
ERISA Plans and Liabilities
ERISA Plans
Comfort Systems USA, Inc. 401(k)
Comfort Systems USA Section 125 Plan
Comfort Systems USA Health Plan
Comfort Systems USA Basic and Voluntary Life Insurance Plan
Comfort Systems USA Basic and Voluntary Accidental Death and Dismemberment Plan
Comfort Systems USA Long Term Disability Income Benefit Plan
Comfort Systems USA Short Term Disability Income Benefit Plan
Woodcock & Armani Mechanical Contractors Health Plan
ABJ Fire Protection Health Plan
Eastern Heating & Cooling Health Plan
MJ Mechanical Health Plan
1
SECTION 5.12 to SCHEDULE 5
Environmental and Other Laws
NONE
1
SECTION 5.13 to SCHEDULE 5
Names and Places of Business
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| PRIOR |
| PRIOR NAMES |
ENTITY NAME |
| ADDRESS TYPE |
| ADDRESS |
| ADDRESSES |
| & TRADE NAMES |
ACI Mechanical, Inc. |
| Principal Place of Business |
| 3116 S. Duff Avenue, Ames, Iowa 50010 |
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| CS35 Acquisition |
ARC Comfort Systems USA, Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd., Suite 500, Houston, TX 77056 |
| 1110 East Douglas Ave. Visailia, CA 93292 |
| American Refrigeration Contractors; MDC Service Corporation |
Accurate Air Systems, L.P. |
| Principal Place of Business |
| 9745 Bent Oak Drive, Houston, Texas 77040 |
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Accu-Temp GP, Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd Suite 500, Houston, Texas 77056 |
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Accu-Temp LP, Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd Suite 500, Houston, Texas 77056 |
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AirTemp, Inc. |
| Principal Place of Business |
| 11 Wallace Avenue, South Portland, Maine 04106 |
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Atlas-Accurate Holdings, L.L.C. |
| Principal Place of Business |
| 777 Post Oak Blvd. Suite 500, Houston, Texas 77056 |
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Atlas Comfort Systems USA, L.P. |
| Principal Place of Business |
| 4133 Southerland, Houston, Texas 77092 |
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| Atlas Air Conditioning Company, L.P. |
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| Satellite |
| 10693 Wakeman Drive, Manassas, Virginia 20110 |
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| Satellite |
| 1225 E. Crosby Road, Suite B-14, Carrollton, Texas 75006 |
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| Satellite |
| 17745 Ashley Drive, Suite B, Panama City Beach, Florida 32413 |
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| Satellite |
| 340 East Shelbourne Avenue, Las Vegas, Nevada 89123 |
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| Atlas Comfort Systems Nevada |
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| Satellite |
| 620 Magnolia avenue, Suite E, Ontario, California 91762 |
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Batchelors Mechanical Contractors, Inc. |
| Principal Place of Business |
| 3110 Old Shell Road, Mobile, Alabama 36607 |
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BCM Controls Corporation |
| Principal Place of Business |
| 19 Wheeling Avenue, Woburn, Massachusetts 01801 |
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| PRIOR |
| PRIOR NAMES |
ENTITY NAME |
| ADDRESS TYPE |
| ADDRESS |
| ADDRESSES |
| & TRADE NAMES |
California Comfort Systems USA, Inc. |
| Principal Place of Business |
| 9750 Distribution Avenue, San Diego, California 92121 |
| 650 Alpine Way Escondido, CA 92029 4660 Viewridge Ave. San Diego, CA 92123 |
| Golden State Mechanical, Inc. |
Climate Control, Inc. |
| Principal Place of Business |
| 1057 Bill Tuck Highway, So Boston, Virginia 24592 |
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| CS43 Acquistion Corp. |
Comfort Systems USA (Arkansas), Inc. |
| Principal Place of Business |
| 4806 Rixey Road, North Little Rock, Arkansas 72117 |
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| CS16 Acquisition Corp. |
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| Satellite |
| 1915 North Shiloh, Fayetteville, Arkansas 72704 |
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Comfort Systems USA (Atlanta), Inc. |
| Principal Place of Business |
| 2275 Northwest Parkway Rd., Suite 105, Bldg.3, Marietta, Georgia 30067 |
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| H & M Mechanical, Inc. |
Comfort Systems USA (Baltimore), Inc. |
| Principal Place of Business |
| 2105 Emmorton Park Road, Suite 104, Edgewood, Maryland 21040 |
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| CS49 Acquisition Corp. |
Comfort Systems USA (Bristol), Inc. |
| Principal Place of Business |
| 294 Blevins Blvd., Bristol, Virginia ###-###-#### |
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| Fred Hayes Heating & Air Conditioning Fred Hayes Mechanical Contractors |
Comfort Systems USA (Carolinas), Inc. |
| Principal Place of Business |
| 6600-A North Park Blvd., Charlotte, North Carolina 28216 |
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Comfort Systems USA (Florida), Inc. |
| Principal Place of Business |
| 799 Bennett Drive, Longwood, Florida 32750 |
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| The Drake Corporation |
Comfort Systems USA (Hartford), Inc. |
| Principal Place of Business |
| 50 Baker Hollow Road Ste. A, Windsor, Connecticut 06095 |
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| Comfort Systems USA Energy Services The Harvey Robbin Company |
Comfort Systems USA (Intermountain), Inc. |
| Principal Place of Business |
| 2035 S. Milestone Drive, Salt Lake City, Utah 84104 |
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| Air Pro Heating & Air Conditioning CSI/Bonneville |
Comfort Systems USA National Accounts LLC |
| Principal Place of Business |
| 2655 Fortune Circle West, Suite E-F, Indianapolis, Indiana 46241 |
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| Accu-Temp, LLC |
Comfort Systems USA (Ohio), Inc. |
| Principal Place of Business |
| 30300 Bruce Industrial Parkway, Solon, Ohio 44139 |
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| Comfort Systems USA (Cleveland), Inc. Tech Heating and Air Conditioning, Inc. |
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| PRIOR |
| PRIOR NAMES |
ENTITY NAME |
| ADDRESS TYPE |
| ADDRESS |
| ADDRESSES |
| & TRADE NAMES |
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| Satellite |
| 2874 E. Kemper Road, Sharonville, Ohio 45241 |
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| Satellite |
| 3080 South Tech Blvd, Miamisburg, Ohio 45342 |
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| Satellite |
| 670 K Lakeview Plaza Blvd., Worthington, Oh 43085 |
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Comfort Systems USA (Pasadena), L.P. |
| Principal Place of Business |
| 777 Post Oak Blvd., Suite 500, Houston, TX 77056 |
| 4107 New West Drive Pasadena, TX 77507 85 IH10 North, Ste 110 Beaumont, TX 77707 |
| United Environmental Services, L.P. |
Comfort Systems USA (Southeast), Inc. |
| Principal Place of Business |
| 435 Corday Street, Pensacola, Florida 32503 |
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| Gulfside Mechanical, Inc. Neel Mechanical Contractors, Inc. CS22 Acquisition Corp. |
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| Satellite |
| 250 Commercial Drive, Thomasville, Georgia 31757 |
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| Satellite |
| 255 Southgate Road, Dothan, Alabama 36301 |
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| Satellite |
| 4251 Alden Drive, Mobile, Alabama 36693 |
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| Satellite |
| 4518 Val North Drive, Valdosta, Georgia 31602 |
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Comfort Systems USA (Syracuse), Inc. |
| Principal Place of Business |
| 6500 New Venture Gear Drive, East Syracuse, New York 13057 |
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| Armani Plumbing & Mechanical ABJ Fire Protection Company Woodcock & Associates Woodcock & Armani |
Comfort Systems USA (Texas), L.P. |
| Principal Place of Business |
| 777 Post Oak Blvd. Suite 500, Houston, Texas 77056 |
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Comfort Systems USA G.P., Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd. Suite 500, Houston, Texas 77056 |
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Comfort Systems USA (Twin Cities), Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd, Suite 500, Houston, TX 77056 |
| 2611 Hamiline Avenue North, Suite 150 Roseville, MN 55113 |
| EDS Energy Development Services |
Comfort Systems USA (Western Michigan), Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd. Suite 500, Houston, Texas 77056 |
| 421 North Lafayette St. Greenville, MI 48838 |
| River City Mechanical, Inc. Troost Service Co. H & H Plumbing. Heating & Hardware |
CS53 Acquisition Corp. |
| Principal Place of Business |
| 777 Post Oak Blvd. Suite 500, Houston, Texas 77056 |
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Design Mechanical, Incorporated |
| Principal Place of Business |
| 168 CTC Blvd. Suite D, Louisville, Colorado 80027 |
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| Colorado Plumbing Services DMI Acquisition Corp. |
Design Mechanical, Inc. |
| Satellite |
| P.O. Box 3070, 210 Marmot Lane, Suite B5 & B8, Eagle, Colorado ###-###-#### |
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Eastern Heating & Cooling, Inc. |
| Principal Place of Business |
| 880 Broadway, Albany, New York ###-###-#### |
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| PRIOR |
| PRIOR NAMES |
ENTITY NAME |
| ADDRESS TYPE |
| ADDRESS |
| ADDRESSES |
| & TRADE NAMES |
Eastern Refrigeration Co., Inc. |
| Principal Place of Business |
| 880 Broadway, Albany, New York ###-###-#### |
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Granite State Holdings Company, Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd, Suite 500, Houston, Texas 77056 |
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Granite State Plumbing & Heating LLC |
| Principal Place of Business |
| 10 N. Riverdale Road, Weare, New Hampshire 03281 |
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| Satellite |
| 26 Waterford Place, Gilford, New Hampshire 03249 |
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H&M Mechanical, Inc. |
| Principal Place of Business |
| 135 Belcher Drive, Pelham, Alabama 35124 P.O. Box 36397 Birmingham, AL 35236 |
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| Comfort Systems USA (Atlanta), Inc. CS31 Acquisition Corp Helm Corporation H&M Plumbing Company, Inc. H&M Mechanical Contractors, Inc. |
Helm Corporation |
| Principal Place of Business |
| 168 CTC Blvd. Suite D, Louisville, Colorado 80027 |
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Hess Mechanical Corporation |
| Principal Place of Business |
| 9600 Fallard Court, Upper Marlboro, Maryland 20772-6703 |
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| CS12 Acquisition Corp. |
Hudson River Heating and Cooling, Inc. |
| Principal Place of Business |
| 10 Airline Drive Suite 205, Albany, New York 12205 |
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H-VAC Supply, L.L.C. |
| Principal Place of Business |
| P.O. Box 4956, Suite 1134, Caguas, Puerto Rico 00726-4956 |
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HydroKool, L.L.C. |
| Principal Place of Business |
| 6875 W. Galveston, Chandler, Arizona 85226 |
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J&J Mechanical, Inc. |
| Principal Place of Business |
| 3405 Robards Court, Louisville, Kentucky 40218 |
| 4006 South Brook Street Louisville, KY 40218 |
| CS54 Acquisition Corp. |
James Air Conditioning Enterprise Inc. |
| Principal Place of Business |
| P.O. Box 4956 Ste 1134, Caguas, Puerto Rico 00726-4956 Caguas, PR 00726-4956 Carr #1KM -23 HM.O B.O. , Rio Guaynbabo, PR 00970 |
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Martin Heating, Inc. |
| Principal Place of Business |
| 2035 S. Milestone Drive, Salt Lake City, Utah 84104 |
| 1655 W. High School Rd. Jackson Hole, WY 83001 |
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Mechanical Technical Services, L.P. |
| Principal Place of Business |
| 9601 Dessau Road, Bldg 3, Suite 303, Austin, Texas 78754 |
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| MTECH |
4
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| PRIOR |
| PRIOR NAMES |
ENTITY NAME |
| ADDRESS TYPE |
| ADDRESS |
| ADDRESSES |
| & TRADE NAMES |
MJ Mechanical Services, Inc. |
| Principal Place of Business |
| 2040 Military Road, Tonawanda, New York 14150 |
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| JM State Refrigeration MJ Acquistion Corp. Vastola Heating & Air Conditioning |
MJ Mechanical Services, Inc. |
| Satellite |
| 300 Fire Tower Drive, Tonawanda, New York 14150 |
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North American Mechanical, Inc. |
| Principal Place of Business |
| 6135 North American Lane, De Forest, Wisconsin 53532 |
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| CS13 Acquisition Corp. |
Quality Air Heating and Cooling, Inc. |
| Principal Place of Business |
| 3395 Kraft Avenue, SE, Grand Rapids, Michigan 49512 |
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| Control Logic Precision Services, Inc. |
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| Satellite |
| 2306 Winters Drive, Portage, Michigan 49002 |
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Quality Professional Employer Organization LLC |
| Principal Place of Business |
| 3395 Kraft Avenue, SE, Grand Rapids, Michigan 49512 |
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S.I. Goldman Company, Inc. |
| Principal Place of Business |
| 799 Bennett Drive, Longwood, Florida 32750 |
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| CS14 Acqustion Corp. Central Construction Mechanical Service Group |
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| Satellite |
| 320 Melody Lane, Casselberry, Florida 32707 |
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S.M. Lawrence Co., Inc. |
| Principal Place of Business |
| 245 Preston Street, Jackson, Tennessee 38301 |
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| CEL, Inc. Casey Electric |
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| Satellite |
| 667 Chaney Drive, Collierville, Tennessee 38017 |
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SA Associates, Inc. |
| Principal Place of Business |
| 777 Post Oak Blvd., Suite 500, Houston, TX 77056 |
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| Salmon & Alder Associates |
Salmon & Alder, LLC |
| Principal Place of Business |
| 777 Post Oak Blvd., Suite 500, Houston, TX 77056 |
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Seasonair, Inc. |
| Principal Place of Business |
| 16001-A Industrial Drive, Gaithersburg, Maryland 20877 |
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Sheren Plumbing & Heating, Inc. |
| Principal Place of Business |
| 3801 Rennie School Road, Traverse City, Michigan 49684 |
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| CS9 Acquisition Corp. |
Temp-Right Service, Inc. |
| Principal Place of Business |
| 101 North Catlin, Missoula, Montana 59801 |
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| Carson Brothers TRS Acquistion Corp.l C.B. Inc. |
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| Satellite |
| Carson Brothers, 1639 MT Highway 35, Kalispell, Montana 59901 |
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The Capital Refrigeration Company |
| Principal Place of Business |
| 619 E. Jefferson Street, Montgomery, Alabama 36104 |
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| CS37 Acquisition Corp. |
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| Satellite |
| 480 North Dean Road-Unit G-3, Auburn, Alabama 36830 |
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Tri-City Mechanical, Inc. |
| Principal Place of Business |
| 6875 W. Galveston, Chandler, Arizona 85226 |
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| PRIOR |
| PRIOR NAMES |
ENTITY NAME |
| ADDRESS TYPE |
| ADDRESS |
| ADDRESSES |
| & TRADE NAMES |
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| Satellite |
| 3250 S. Dodge Blvd #7, Tucson, Arizona 85713 |
| 3450 S. Broadmont Blvd., Suite 100 Tucson, AZ 85713 |
| Daves Refrigeration & Heating Corp. Tri-City Acquisition Corp. |
Western Building Services, Inc. |
| Principal Place of Business |
| 800 E. 64th Avenue Ste 17, Denver, Colorado 80229 |
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| Colorado Plumbing Service B.E.S.T. HVAC Western Energy Services, Inc. |
6
SECTION 5.14 to SCHEDULE 5
Subsidiaries
COMFORT SYSTEMS USA, INC. - SUBSIDIARIES
ENTITY NAME |
| DOMESTIC JURISDICTION |
| FORMATION DATE |
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ACI Mechanical, Inc. |
| Delaware |
| 06/26/1998 |
ARC Comfort Systems USA, Inc. |
| Delaware |
| 03/17/1998 |
Accurate Air Systems, L.P. |
| Texas |
| 07/23/1981 |
Accu-Temp GP, Inc. |
| Delaware |
| 05/21/1998 |
Accu-Temp LP, Inc. |
| Delaware |
| 05/20/1998 |
AirTemp, Inc. |
| Delaware |
| 10/15/1998 |
Atlas-Accurate Holdings, L.L.C. |
| Delaware |
| 12/28/1998 |
Atlas Comfort Systems USA, L.P. |
| Texas |
| 06/28/1983 |
Batchelors Mechanical Contractors, Inc. |
| Alabama |
| 03/16/1981 |
BCM Controls Corporation |
| Massachusetts |
| 10/03/1984 |
California Comfort Systems USA, Inc. |
| California |
| 05/18/1983 |
Climate Control, Inc. |
| Delaware |
| 09/17/1998 |
Comfort Systems USA (Arkansas), Inc. |
| Delaware |
| 03/17/1998 |
Comfort Systems USA (Atlanta), Inc. |
| Georgia |
| 01/25/2005 |
Comfort Systems USA (Baltimore), Inc. |
| Delaware |
| 10/15/1998 |
Comfort Systems USA (Bristol), Inc. |
| Delaware |
| 08/25/1997 |
Comfort Systems USA (Carolinas), Inc. |
| Delaware |
| 06/09/2006 |
Comfort Systems USA (Florida), Inc. |
| Florida |
| 10/04/1976 |
Comfort Systems USA (Hartford), Inc. |
| Delaware |
| 08/25/1997 |
Comfort Systems USA (Intermountain), Inc. |
| Utah |
| 05/06/1969 |
Comfort Systems USA National Accounts LLC |
| Indiana |
| 07/28/1998 |
Comfort Systems USA (Ohio), Inc. |
| Ohio |
| 10/10/1979 |
Comfort Systems USA (Pasadena), L.P. |
| Texas |
| 12/29/1999 |
Comfort Systems USA (Southeast), Inc. |
| Delaware |
| 03/24/1998 |
Comfort Systems USA (Syracuse), Inc. |
| New York |
| 03/08/1965 |
Comfort Systems USA (Texas), L.P. |
| Texas |
| 08/14/1998 |
Comfort Systems USA G.P., Inc. |
| Delaware |
| 08/12/1998 |
Comfort Systems USA (Twin Cities), Inc. |
| Minnesota |
| 08/01/2001 |
Comfort Systems USA (Western Michigan), Inc. |
| Michigan |
| 07/21/1989 |
CS53 Acquisition Corp. |
| Delaware |
| 01/26/1999 |
Design Mechanical, Incorporated |
| Delaware |
| 10/30/1997 |
Eastern Heating & Cooling, Inc. |
| New York |
| 12/19/1988 |
Eastern Refrigeration Co., Inc. |
| New York |
| 01/30/1990 |
Granite State Holdings Company, Inc. |
| Delaware |
| 11/02/2005 |
Granite State Plumbing & Heating LLC |
| Delaware |
| 07/31/2001 |
H&M Mechanical, Inc. |
| Delaware |
| 06/25/1998 |
Helm Corporation |
| Colorado |
| 10/26/1972 |
Hess Mechanical Corporation |
| Delaware |
| 03/17/1998 |
Hudson River Heating and Cooling, Inc. |
| Delaware |
| 08/19/2005 |
H-VAC Supply, L.L.C. |
| Puerto Rico |
| 10/18/06 |
1
COMFORT SYSTEMS USA, INC. - SUBSIDIARIES
ENTITY NAME |
| DOMESTIC JURISDICTION |
| FORMATION DATE |
Hydro-Kool, L.L.C. |
| Delaware |
| 03/16/2006 |
J&J Mechanical, Inc. |
| Kentucky |
| 02/10/1981 |
James Air Conditioning Enterprise Inc. |
| Puerto Rico |
| 07/02/1991 |
Martin Heating, Inc. |
| Wyoming |
| 03/15/2000 |
Mechanical Technical Services, L.P. |
| Texas |
| 08/31/1999 |
MJ Mechanical Services, Inc. |
| Delaware |
| 12/12/1997 |
North American Mechanical, Inc. |
| Delaware |
| 03/17/1998 |
Quality Air Heating and Cooling, Inc. |
| Michigan |
| 09/10/1980 |
Quality Professional Employer Organization LLC |
| Delaware |
| 12/01/2004 |
S.I. Goldman Company, Inc. |
| Delaware |
| 03/17/1998 |
S.M. Lawrence Co., Inc. |
| Tennessee |
| 03/08/1973 |
SA Associates, Inc. |
| Utah |
| 03/27/1984 |
Salmon & Alder, LLC |
| Utah |
| 07/08/1996 |
Seasonair, Inc. |
| Maryland |
| 10/28/1966 |
Sheren Plumbing & Heating, Inc. |
| Delaware |
| 01/26/1999 |
Temp-Right Service, Inc. |
| Delaware |
| 09/25/1997 |
The Capital Refrigeration Company |
| Delaware |
| 08/06/1998 |
Tri-City Mechanical, Inc. |
| Arizona |
| 12/23/1977 |
Western Building Services, Inc. |
| Colorado |
| 06/12/1980 |
2
SCHEDULE 7.1
Existing Indebtedness
NONE
1