Exhibit 10.53
FIRST AMENDMENT
FIRST AMENDMENT, dated as of April 12, 2005 (this Amendment), among Herbalife International, Inc., a Nevada corporation (the Borrower), the Guarantors identified as such on the signature pages hereto (collectively, the Guarantors), the Lenders identified as such on the signature pages hereto (the Lenders) and Morgan Stanley Senior Funding, Inc., as administrative agent (in such capacity, the Administrative Agent), to that certain Credit Agreement, dated as of December 21, 2004 (the Credit Agreement), among the Borrower, the Guarantors identified as such on the signature pages thereto, the Lenders party thereto from time to time, Morgan Stanley & Co. Incorporated, as Collateral Agent, the joint lead arrangers, bookrunners and other agents identified therein and the Administrative Agent.
W I T N E S S E T H :
WHEREAS, the Borrower has requested that the Lenders and the Administrative Agent amend the definition of Applicable Margin in the Credit Agreement and make certain other changes to the Credit Agreement.
NOW, THEREFORE, the parties hereto hereby agree as follows:
1. Defined Terms. Capitalized terms used herein and not otherwise defined are used herein as defined in the Credit Agreement.
2. Amendment.
(a) The definition of Applicable Margin is replaced in its entirety with the following:
Applicable Margin means (i) for the first two full quarters after the Closing Date (A)(I) 2.00% in the case of Revolving Loans maintained as Eurodollar Loans and (II) 1.00% in the case of Revolving Loans maintained as ABR Loans and (B)(I) 1.75% in the case of Term Loans maintained as Eurodollar Loans and (II) 0.75% in the case of Term Loans maintained as ABR Loans and (ii) for the period after the first two full quarters after the Closing Date, the Applicable Margin shall be determined by reference to the Debt Rating and the Applicable Percentage set forth below; provided, in the event of a split rating, the higher of such Debt Ratings shall be used to determine the Applicable Margin, except that, if there is a two-tier difference in the Debt Ratings, the Debt Rating one notch higher than the lower of the two Debt Ratings shall be used to determine the Applicable Margin.
Senior Credit |
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Applicable Percentage |
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Eurodollar |
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ABR |
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³Ba3/BB |
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1.75 |
% |
0.75 |
% |
<Ba3/BB |
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2.00 |
% |
1.00 |
% |
Senior Credit |
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Applicable Percentage |
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Eurodollar |
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ABR |
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³Ba1/BB+ |
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1.75 |
% |
0.75 |
% |
<Ba1/BB+ |
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2.00 |
% |
1.00 |
% |
(b) The following definition shall be added to Section 1.01 of the Credit Agreement in the appropriate alphabetical position:
First Amendment Effective Date means April 12, 2005.
(c) The following shall be inserted before the final period at the end of Section 2.10(a) of the Credit Agreement:
; provided, further, that the amount payable in connection with any optional prepayment of the Term Loans made on or before the first anniversary of the First Amendment Effective Date shall be equal to 101% of the principal amount of the Term Loans being prepaid if such prepayment is made with proceeds from a partial or complete bank refinancing of the Term Loans.
(d) Each of Section 2.10(c), Section 2.10(d), Section 2.10(e) and Section 2.10(f) of the Credit Agreement is hereby amended by replacing Sections 2.10(h) and (i) with Sections 2.10(i) and (j).
3. Effectiveness of Amendment. This Amendment shall become effective as of the date hereof (the Effective Date) when (a) the Required Lenders, including all Term Lenders, have executed and delivered a counterpart of this Amendment and the Borrower and the Guarantors have delivered duly executed counterparts of this Amendment to the Administrative Agent and (b) the Administrative Agent has received payment from the Borrower for any and all fees, costs and expenses (including those of legal counsel) relating to the Credit Agreement and this Amendment.
4. Representations and Warranties. As of the Effective Date, before and after giving effect to this Amendment, each of the Borrower and the other Loan Parties hereby represents and warrants to the Administrative Agent and each Lender that:
(a) no Default or Event of Default has occurred or is continuing; and
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(b) the representations and warranties of the Borrower and the other Loan Parties contained in the Credit Agreement and the other Loan Documents are true and correct in all material respects as if made as of the Effective Date, except to the extent such representations and warranties expressly relate to a different date.
5. Status of Loan Documents.
(a) This Amendment is limited solely for the purposes and to the extent expressly set forth herein, and, except as expressly consented to and amended hereby, the terms, provisions and conditions of the Loan Documents shall continue in full force and effect and are hereby ratified and confirmed in all respects; and
(b) No consent, amendment or waiver of any terms or provisions of the Credit Agreement made hereunder shall relieve the Borrower or any other Loan Party from complying with any other term or provision of the Credit Agreement or the other Loan Documents.
6. Miscellaneous.
(a) No Waiver, Cumulative Remedies. No failure or delay or course of dealing on the part of the Lenders in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege hereunder. The rights, powers and remedies herein expressly provided are cumulative and not exclusive of any rights, powers or remedies which the Lenders would otherwise have. No notice to or demand on the Borrower or any other Loan Party in any case shall entitle the Company to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the Lenders to any other or further action in any circumstances without notice or demand.
(b) Ratification and Reaffirmation; Confirmation; Acknowledgment. Each Guarantor (i) ratifies and reaffirms the Loan Documents to which such Guarantor is a party, (ii) confirms such Guarantors agreement to the terms of this Amendment and (iii) acknowledges that such Guarantor has no offsets or defenses to such Guarantors obligations under the Loan Documents to which such Guarantor is a party and no claims or counterclaims against the Lenders.
(c) Expenses. The Borrower agrees to pay and reimburse the Administrative Agent for all of its costs and expenses (including, without limitation, fees and disbursements of legal counsel) incurred up to and on the Effective Date or in connection with the Credit Agreement or this Amendment.
(d) Headings Descriptive. The headings of the several Sections and subsections of this Amendment are inserted for convenience only and shall not in any way affect the meaning or construction of any provision.
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(e) Severability. In case any provision in or obligation under this Amendment shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby.
(f) Counterparts. This Amendment may be executed and delivered in any number of counterparts and by the different parties hereto on separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. The delivery of a counterpart may be made by facsimile or electronic transmission.
(g) Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
[Signature pages follow]
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IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be duly executed and delivered by their respective proper and duly authorized officers as of the day and year first above written.
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HERBALIFE INTERNATIONAL, INC., |
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a Nevada corporation, as Borrower |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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WH CAPITAL CORPORATION, |
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a Nevada corporation, as a Guarantor |
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By: |
/s/ GREGORY L. PROBERT |
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Name: |
Gregory L. Probert |
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Title: |
President |
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HERBALIFE INTERNATIONAL OF AMERICA, INC., |
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a Nevada corporation, as a Guarantor |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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HERBALIFE INTERNATIONAL OF EUROPE, INC., |
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a California corporation, as a Guarantor |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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HERBALIFE INTERNATIONAL COMMUNICATIONS, INC., |
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a California corporation, as a Guarantor |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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[Herbalife First Amendment]
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HERBALIFE INTERNATIONAL DISTRIBUTION, INC., |
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a California corporation, as a Guarantor |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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HERBALIFE TAIWAN, INC., |
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a California corporation, as a Guarantor |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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HERBALIFE INTERNATIONAL (THAILAND), LTD., |
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a California corporation, as a Guarantor |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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HERBALIFE INTERNATIONAL DO BRASIL LTDA., |
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a corporation dually organized in Brazil and Delaware, |
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as a Guarantor |
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By: |
/s/ ENEIDA BINI |
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Name: |
Eneida Bini |
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Title: |
Managing Officer |
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HERBALIFE LTD., |
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a Cayman Islands
exempted company with limited liability, |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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WH INTERMEDIATE HOLDINGS LTD., |
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a Cayman Islands
exempted company with limited liability, |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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HBL LTD., |
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a Cayman Islands
exempted company with limited liability, |
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By: |
/s/ RICHARD P. GOUDIS |
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Name: |
Richard P. Goudis |
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Title: |
Chief Financial Officer |
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WH LUXEMBOURG HOLDINGS S.à.R.L., |
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a Luxembourg corporation, as a Guarantor |
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By: |
/s/ BRIAN KANE |
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Name: |
Brian Kane |
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Title: |
Manager |
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HLF LUXEMBOURG HOLDINGS S.à R.L., |
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a Luxembourg corporation, as a Guarantor |
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By: |
/s/ BRIAN KANE |
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Name: |
Brian Kane |
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Title: |
Manager |
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WH LUXEMBOURG INTERMEDIATE HOLDINGS S.à.R.L., |
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a Luxembourg corporation, as a Guarantor |
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By: |
/s/ BRIAN KANE |
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Name: |
Brian Kane |
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Title: |
Manager |
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HERBALIFE INTERNATIONAL OF ISRAEL (1990) LTD., |
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an Israeli corporation, as a Guarantor |
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By: |
/s/ GREGORY L. PROBERT |
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Name: |
Gregory L. Probert |
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Title: |
President |
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HERBALIFE INTERNATIONAL FINLAND OY, |
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a Finnish corporation, as a Guarantor |
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By: |
/s/ CHRISTOPHE THOMANN |
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Name: |
Christophe Thomann |
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Title: |
Managing Director |
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MORGAN STANLEY SENIOR FUNDING, INC., |
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as Administrative Agent |
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By: |
/s/ EUGENE F. MARTIN |
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Name: |
Eugene F. Martin |
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Title: |
Vice President |
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ACKNOWLEDGMENT AND CONSENT
By signing below, the each of the undersigned (x) ratifies and reaffirms the Loan Documents to which it is a party, (y) confirms its agreement to the terms of this First Amendment and (z) acknowledges that it has no offsets or defenses to its obligations under the Loan Documents to which it is a party and no claims or counterclaims against the Lenders.
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HERABLIFE OF JAPAN, K.K. |
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By: |
/s/ WILLIAM RAHN |
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Name: |
William Rahn |
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Title: |
Representative Director |
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HERBALIFE INTERNATIONAL DE MEXICO, S.A. DE C.V. |
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By: |
/s/ SERGIO MEDINA |
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Name: |
Sergio Medina |
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Title: |
Authorized Signatory |
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HERABLIFE PRODUCTS DE MEXICO, S.A. DE C.V. |
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By: |
/s/ SERGIO MEDINA |
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Name: |
Sergio Medina |
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Title: |
Authorized Signatory |
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HERBALIFE (U.K.) LIMITED |
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By: |
/s/ RICHARD HOBBY |
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Name: |
Richard Hobby |
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Title: |
Managing Director |
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HERBALIFE EUROPE LIMITED |
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By: |
/s/ GREGORY L. PROBERT |
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Name: |
Gregory L. Probert |
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Title: |
Managing Director |
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SIGNATURE PAGE TO THE FIRST AMENDMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE, TO THE CREDIT AGREEMENT, DATED AS OF DECEMBER 21, 2004, AMONG HERBALIFE INTERNATIONAL, INC., THE GUARANTORS IDENTIFIED AS SUCH ON THE SIGNATURE PAGES THERETO, THE LENDERS FROM TIME TO TIME PARTY THERETO, AND MORGAN STANLEY SENIOR FUNDING, INC., AS ADMINISTRATIVE AGENT |
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NAME OF INSTITUTION: |
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FORTRESS PORTFOLIO TRUST |
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BY: FOUR CORNERS CAPITAL MANAGEMENT LLC |
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AS INVESTMENT MANAGER |
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AS A LENDER |
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By: |
/S/ VIJAY SRINIVASAN |
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Name: Vijay Srinivasan |
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Title: Authorized Signatory |
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NAME OF INSTITUTION: |
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BLACKROCK SENIOR INCOME SERIES |
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AS A LENDER |
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By: |
/S/ THOMAS COLWELL |
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Name: Thomas Colwell |
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Title: Authorized Signatory |
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NAME OF INSTITUTION: |
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MAGNETITE IV CLO, LTD |
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, |
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AS A LENDER |
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By: |
/S/ THOMAS COLWELL |
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Name: Thomas Colwell |
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Title: Authorized Signatory |
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NAME OF INSTITUTION: |
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MAGNETITE V CLO, LTD |
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, |
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AS A LENDER |
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By: |
/S/ THOMAS COLWELL |
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Name: Thomas Colwell |
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Title: Authorized Signatory |
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NAME OF INSTITUTION: |
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MARINER CDO 2002, LTD. |
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BY: ANTARES ASSET MGT. INC., AS COLLATERAL MGR. |
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, |
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AS A LENDER |
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By: |
/S/ DAVID MAHON |
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Name: David Mahon |
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Title: Vice President |
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NAME OF INSTITUTION: |
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MONUMENT PARK CDO LTD. |
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BY: BLACKSTONE DEBT ADVISORS L.P. |
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, |
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AS A LENDER |
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By: |
/S/ DEAN T. CRIARES |
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Name: Dean T. Criares |
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Title: Managing Director |
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NAME OF INSTITUTION: |
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MORGAN STANLEY SENIOR FUNDING INC. |
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AS A LENDER |
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By: |
/S/ EUGENE F. MARTIN |
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Name: Eugene F. Martin |
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Title: Vice President |
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NAME OF INSTITUTION: |
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NAVIGATOR CDO 2003, LTD |
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BY: ANTARES ASSET MGT. INC., AS COLLATERAL MGR |
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, |
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AS A LENDER |
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By: |
/S/ DAVID MAHON |
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Name: David Mahon |
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Title: Vice President |
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NAME OF INSTITUTION: |
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NAVIGATOR CDO 2004, LTD |
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BY: ANTARES ASSET MGMT. INC., AS AGENT |
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, |
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AS A LENDER |
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By: |
/S/ DAVID MAHON |
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Name: David Mahon |
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Title: Vice President |
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NAME OF INSTITUTION: |
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OPPENHEIMER SENIOR FLOATING RATE FUND |
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AS A LENDER |
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By: |
/S/ LISA CHAFFEE |
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Name: Lisa Chaffee |
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Title: AVP |
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NAME OF INSTITUTION: |
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PIONEER FLOATING RATE TRUST |
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BY: HIGHLAND CAPITAL MGMT., LP |
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AS SUB-ADVISOR |
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, |
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AS A LENDER |
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By: |
/S/ R. JOSEPH DOUGHERTY |
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Name: R. Joseph Dougherty |
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Title: Senior Vice President, Secretary |
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NAME OF INSTITUTION: |
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PREMIUM LOAN TRUST I, LTD. |
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, |
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AS A LENDER |
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By: |
/S/ GUIA TRUTTER |
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Name: Giuia Trutter |
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Title: Managing Director |
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NAME OF INSTITUTION: |
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COOPERATIVE CENTRALE RAIFFEISEN- |
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BOERENLEENBANK B.A. |
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RABOBANK INTERNATIONAL:, NEW YORK BRANCH |
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, |
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AS A LENDER |
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By: |
/S/ PAMELA BEAL |
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Name: Pamela Beal |
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Title: Vice President |
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By: |
/S/ REBECCA O. MORROW |
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Name: Rebecca O. Morrow |
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Title: Executive Director |
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NAME OF INSTITUTION: |
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SANKATY ADVISORS, LLC AS COLLATERAL |
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MANAGER FOR RACE POINT CLO, LTD |
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AS TERM LENDER |
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, |
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AS A LENDER |
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By: |
/S/ DIANE J. EXTER |
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Name: Diane J. Exter |
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Title: Managing Director, Portfolio Manager |
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NAME OF INSTITUTION: |
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SANKATY ADVISORS, LLC AS COLLATERAL |
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MANAGER FOR RACE POINT II CLO, |
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LIMITED, AS TERM LENDER |
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, |
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AS A LENDER |
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By: |
/S/ DIANE J. EXTER |
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Name: Diane J. Exter |
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Title: Managing Director, Portfolio Manager |
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NAME OF INSTITUTION: |
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SANKATY HIGH YIELD ASSET PARTNERS, II L.P. |
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, |
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AS A LENDER |
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By: |
/S/ DIANE J. EXTER |
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Name: Diane J. Exter |
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Title: Managing Director, Portfolio Manager |
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NAME OF INSTITUTION: |
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SCOTIABANK (IRELAND) LIMITED |
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, |
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AS A LENDER |
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By: |
/S/ JOHN R.M. CAMPBELL |
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Name: John R.M. Campbell |
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Title: Authorized Signatory |
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NAME OF INSTITUTION: |
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SENIOR DEBT PORTFOLIO |
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BY: BOSTON MGT AND RESEARCH |
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AS INVESTMENT ADVISOR |
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, |
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AS A LENDER |
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By: |
/S/ MICHAEL B. BOTTHOF |
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Name: Michael B. Botthof |
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Title: Vice President |
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NAME OF INSTITUTION: |
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SENIOR LOAN PORTFOLIO |
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, |
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AS A LENDER |
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By: |
/S/ THOMAS COLWELL |
|
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Name: Thomas Colwell |
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Title: Authorized Signatory |
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NAME OF INSTITUTION: |
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SOUTHFORK CLO, LTD. |
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BY: HIGHLAND CAPITAL MANAGEMENT, L.P. |
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AS COLLATERAL MANAGER |
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, |
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AS A LENDER |
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By: |
/S/ DAVID LANCELOT |
|
|
Name: David Lancelot |
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Title: Treasurer |
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NAME OF INSTITUTION: |
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STANFIELD QUATTRO CLO, LTD. |
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BY: STANFIELD CAPITAL PARTNERS LLC |
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AS ITS COLLATERAL MANAGER |
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, |
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AS A LENDER |
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By: |
/S/ CHRISTOPHER E. JANSEN |
|
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Name: Christopher E. Jansen |
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Title: Managing Partner |
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NAME OF INSTITUTION: |
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STANFIELD VANTAGE CLO, LTD. |
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BY: STANFIELD CAPITAL PARTNERS, LLC |
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AS ITS ASSET MANAGER |
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, |
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AS A LENDER |
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By: |
/S/ CHRISTOPHER E. JANSEN |
|
|
Name: Christopher E. Jansen |
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Title: Managing Partner |
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NAME OF INSTITUTION: |
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|
TOLLI & CO. |
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|
BY: EATON VANCE MANAGEMENT |
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AS INVESTMENT ADVISOR |
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|
, |
|
|
AS A LENDER |
|
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|
|
|
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|
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|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
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|
NAME OF INSTITUTION: |
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|
UNION BANK OF CALIFORNIA, N.A. |
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, |
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AS A LENDER |
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|
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|
By: |
/S/ DAVID J. STASSEL |
|
|
Name: David J. Stassel |
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|
|
Title: VP |
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NAME OF INSTITUTION: |
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|
UNION SQUARE CDO LTD. |
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|
BY: BLACKSTONE DEBT ADVISORS L.P. |
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|
AS COLLATERAL MANAGER |
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|
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|
, |
|
|
AS A LENDER |
|
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|
By: |
/S/ DEAN T CRIARES |
|
|
Name: Dean T. Criares |
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|
|
Title: Managing Director |
|
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|
NAME OF INSTITUTION: |
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|
|
VENTURE CDO 2002, LIMITED |
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|
|
BY ITS INVESTMENT ADVISOR, MJX ASSET MANAGEMENT LLC |
||
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|
, |
|
|
AS A LENDER |
|
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|
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|
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|
|
By: |
/S/ HANS CHRISTENSEN |
|
|
Name: Hans Christensen |
|
|
|
Title: Chief Investment Officer |
|
|
NAME OF INSTITUTION: |
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|
|
VENTURE II CDO 2002 LIMITED |
|
|
|
BY ITS INVESTMENT ADVISOR, MJX ASSET MGT LLC |
||
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|
, |
|
|
AS A LENDER |
|
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|
|
|
|
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|
|
By: |
/S/ HANS CHRISTENSEN |
|
|
Name: Hans Christensen |
|
|
|
Title: Chief Investment Officer |
|
|
|
|
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|
|
NAME OF INSTITUTION: |
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|
|
|
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|
|
VENTURE III CDO LIMITED |
|
|
|
BY ITS INVESTMENT ADVISOR, MJX ASSET MGT LLC |
||
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ HANS CHRISTENSEN |
|
|
Name: Hans Christensen |
|
|
|
Title: Chief Investment Officer |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
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|
|
|
|
|
|
VENTURE IV CDO LTD |
|
|
|
BY ITS INVESTMENT ADVISOR, MJX ASSET MGT LLC |
||
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ HANS CHRISTENSEN |
|
|
Name: Hams Christensen |
|
|
|
Title: Chief Investment Officer |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
VISTA LEVERAGED INCOME FUND |
|
|
|
BY ITS INVESTMENT ADVISOR, MJX ASSET MGT LLC |
||
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ HANS CHRISTENSEN |
|
|
Name: Hans Christensen |
|
|
|
Title: Chief Investment Officer |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
WHITNEY PRIVATE DEBT FUND, LP |
|
|
|
|
|
|
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|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ KEVIN J. COREY |
|
|
Name: Kevin J. Corey |
|
|
|
Title: Authorized Signatory |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
BLACKROCK GLOBAL FLOATING RATE INCOME TRUST |
||
|
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|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ THOMAS COLWELL |
|
|
Name: Thomas Colwell |
|
|
|
Title: Authorized Signatory |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GALAXY IV CLO, LTD |
|
|
|
BY: AIG GLOBAL INVESTMENT CORP. |
|
|
|
ITS INVESTMENT ADVISOR |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JULIE BOTHAMLEY |
|
|
Name: Julie Bothamley |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GALAXY CLO 1999-1 LTD. |
|
|
|
BY: AIG GLOBAL INVESTMENT CORP. |
|
|
|
AS COLLATERAL MANAGER |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JULIE BOTHAMLEY |
|
|
Name: Julie Bothamley |
|
|
|
Title: Vice President |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GENERAL ELECTRIC CAPITAL CORPORATION |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MARIE G. MOLLO |
|
|
Name: Marie G. Mollo |
|
|
|
Title: Duly Authorized Signatory |
|
|
|
|
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|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GOLDENTREE LOAN OPPORTUNITIES I LTD |
|
|
|
BY: GOLDENTREE ASSET MGT LP |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ THOMAS M. OSHEA |
|
|
Name: Thomas M. OShea |
|
|
|
Title: Portfolio Manager |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GOLDENTREE LOAN OPPORTUNITIES II LTD. |
|
|
|
BY: GOLDENTREE ASSET MGT LP |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ THOMAS M. OSHEA |
|
|
Name: Thomas M. OShea |
|
|
|
Title: Portfolio Manager |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GOLDMAN SACHS CREDIT PARTNERS LP |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ PEDRO RAMIREZ |
|
|
Name: Pedro Ramirez |
|
|
|
Title: Authorized Signatory |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GRAYSON & CO. |
|
|
|
BY: BOSTON MANAGEMENT AND RESEARCH |
|
|
|
AS INVESTMENT ADVISOR |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
GREEN LANE CLO LTD. |
|
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|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ KAITLIN TRINH |
|
|
Name: Kaitlin Trinh |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
HANOVER SQUARE CLO LTD. |
|
|
|
BY: BLACKSTONE DEBT ADVISORS L.P. |
|
|
|
AS COLLATERAL MANAGER |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ DEAN T. CRIARES |
|
|
Name: Dean T. Criares |
|
|
|
Title: Managing Director |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
HARBOUR TOWN FUNDING LLC |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MEREDITH J. KOSLICK |
|
|
Name: Meredith J. Koslick |
|
|
|
Title: Assistant Vice President |
|
|
NAME OF INSTITUTION: |
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|
|
|
|
|
|
HARCH CLO II LIMITED |
|
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|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL E. LEWITT |
|
|
Name: Michael E. Lewitt |
|
|
|
Title: Authorized Signatory |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
HEWETTS ISLAND CDO, LTD. |
|
|
|
BY: CYPRESSTREE INVESTMENT MGT. CO. INC. |
|
|
|
AS PORTFOLIO MANAGER |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ PRESTON I. CARNES, JR. |
|
|
Name: Preston I. Carnes, Jr. |
|
|
|
Title: Managing Director |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
HEWETTS ISLAND CLO II, LTD. |
|
|
|
BY: CYPRESSTREE INVESTMENT MGT. CO. INC. |
|
|
|
AS PORTFOLIO MANAGER |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ PRESTON I. CARNES, JR. |
|
|
Name: Preston I. Carnes, Jr. |
|
|
|
Title: Managing Director |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
HIGHLAND LEGACY LIMITED |
|
|
|
BY: HIGHLAND CAPITAL MGT. LP |
|
|
|
AS COLLATERAL MANAGER |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ DAVID LANCELOT |
|
|
Name: David Lancelot |
|
|
|
Title: Treasurer |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
IKB CAPITAL CORPORATION |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ DAVID SNYDER |
|
|
Name: David Snyder |
|
|
|
Title: President |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
INVESTORS BANK & TRUST CO. AS SUB-CUSTODIAN
AGENT OF |
||
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ PRESTON I. CARNES JR. |
|
|
Name: Preston I. Carnes Jr. |
|
|
|
Title: Managing Director |
|
|
|
|
|
|
|
By: |
/S/ JOHN FRABOTTA |
|
|
Name: John Frabotta |
|
|
|
Title: Managing Director |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
KATONAH III, LTD. |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ RALPH DELLA ROCCA |
|
|
Name: Ralph Della Rocca |
|
|
|
Title: Authorized Officer |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
KATONAH IV LTD. |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ RALPH DELLA ROCCA |
|
|
Name: Ralph Della Rocca |
|
|
|
Title: Authorized Officer |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
KATONAH VI, LTD. |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
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By: |
/S/ RALPH DELLA ROCCA |
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Name: Ralph Della Rocca |
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Title: Authorized Officer |
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NAME OF INSTITUTION: |
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KC CLO I LIMITED |
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, |
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AS A LENDER |
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By: |
/S/ IRINA BORLSOVA |
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Name: Irina Borlsova |
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Title: Assistant Vice President |
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By: |
/S/ MARIO DE LELLIS |
|
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Name: Mario De Lellis |
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Title: Assistant Vice President |
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NAME OF INSTITUTION: |
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KZH SOLEIL LLC |
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, |
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AS A LENDER |
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By: |
/S/ HI HUA |
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Name: Hi Hua |
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Title: Authorized Agent |
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NAME OF INSTITUTION: |
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KZH SOLEIL 2 LLC |
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, |
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AS A LENDER |
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By: |
/S/ HI HUA |
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Name: Hi Hua |
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Title: Authorized Agent |
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NAME OF INSTITUTION: |
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LANDMARK CDO II LTD |
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ALADDIN CAPITAL MGT LLC |
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, |
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AS A LENDER |
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By: |
/S/ WILLIAM S. LUTKINS |
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Name: William S. Lutkins |
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Title: Director |
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NAME OF INSTITUTION: |
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LANDMARK CDO III LTD. |
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ALADDIN CAPITAL MGT LLC |
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, |
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AS A LENDER |
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By: |
/S/ WILLIAM S. LUTKINS |
|
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Name: William S. Lutkins |
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Title: Director |
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NAME OF INSTITUTION: |
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LFC2 LOAN FUNDING LLC, FOR ITSELF OR AS AGENT FOR
LFC2 |
||
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, |
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AS A LENDER |
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By: |
/S/ DOMINIC BREA |
|
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Name: Dominic Brea |
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Title: As Attorney-in-Fact |
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NAME OF INSTITUTION: |
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LOAN FUNDING VI LLC FOR ITSELF OR AS AGENT FOR |
||
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, |
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AS A LENDER |
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By: |
/S/ DEAN T. CRIARES |
|
|
Name: Dean T. Criares |
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|
Title: Managing Director |
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NAME OF INSTITUTION: |
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|
SANKATY ADVISORS, LLC AS COLLATERAL |
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|
MANAGER FOR LOAN FUNDING XI LLC AS TERM LENDER |
||
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, |
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AS A LENDER |
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|
By: |
/S/ DIANE J. EXTER |
|
|
Name: Diane J. Exter |
|
|
|
Title: Managing Director, Portfolio Manager |
|
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|
NAME OF INSTITUTION: |
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|
MADISON PARK FUNDING I, LTD. |
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, |
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AS A LENDER |
|
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By: |
/S/ DAVID H. LERNER |
|
|
Name: David H. Lerner |
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|
|
Title: Authorized Signatory |
|
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|
NAME OF INSTITUTION: |
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|
|
LANDMARK CDO LTD |
|
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|
ALADDIN CAPITAL MGT LLC |
|
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|
|
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|
, |
|
|
AS A LENDER |
|
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|
|
|
|
|
|
|
|
|
By: |
/S/ WILLIAM S. LUTKINS |
|
|
Name: William S. Lutkins |
|
|
|
Title: Director |
|
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NAME OF INSTITUTION: |
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|
FOUR CORNERS CLO 2005-1, LTD. |
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|
BY: FOUR CORNERS CAPTIAL MGT. LLC |
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AS COLLATERAL MANAGER |
|
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|
, |
|
|
AS A LENDER |
|
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|
|
By: |
/S/ VIJAY SRINIVASAN |
|
|
Name: Vijay Srinivasan |
|
|
|
Title: Authorized Signatory |
|
|
NAME OF INSTITUTION: |
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|
|
ANATARES CAPITAL CORP |
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, |
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|
AS A LENDER |
|
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|
|
By: |
/S/ DAVID MAHON |
|
|
Name: David Mahon |
|
|
|
Title: Director |
|
|
|
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|
|
NAME OF INSTITUTION: |
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|
|
JP MORGAN CHSE BANK, N.A. AS TRUSTEE OF THE ANTARES |
||
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, |
|
|
AS A LENDER |
|
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|
|
By: |
/S/ LESLIE HUNDLEY |
|
|
Name: Leslie Hundley |
|
|
|
Title: AVP |
|
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|
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|
|
NAME OF INSTITUTION: |
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|
|
|
|
|
BABSON CLO LTD. 2003-I |
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|
|
BY: BABSON CAPITAL MGT LLC AS COLLATERAL MGR |
||
|
|
, |
|
|
AS A LENDER |
|
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|
|
|
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|
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|
|
By: |
/S/ DAVID P. WELLS, CFA |
|
|
Name: David P. Wells, CFA |
|
|
|
Title: Managing Director |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
LOAN FUNDING VIII LLC |
|
|
|
BY: BABSON CAPITAL MGT LLC AS COLLATERAL MANAGER |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
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|
|
By: |
/S/ DAVID P. WELLS, CFA |
|
|
Name: David P. Wells, CFA |
|
|
|
Title: Managing Director |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
TRON CLO LTD. 2000-I |
|
|
|
BY: BABSON CAPITAL MANAGEMENT LLC AS COLLATERAL |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ DAVID P. WELLS, CFA |
|
|
Name: David P. Wells, CFA |
|
|
|
Title: Managing Director |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
BANK OF AMERICA, N.A. |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ KEVIN J. TRIEBER |
|
|
Name: Kevin J. Trieber |
|
|
|
Title: Senior Vice President |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
BANK OF MONTREAL |
|
|
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|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ G. WALKER |
|
|
Name: G. Walker |
|
|
|
Title: Authorized Signatory |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
BLACKROCK SENIOR INCOME SERIES II |
|
|
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ THOMAS COLWELL |
|
|
Name: Thomas Colwell |
|
|
|
Title: Authorized Signatory |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
BUSHNELL CBNA LOAN FUNDING LLC FOR ITSELF OR AS |
||
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JANET HAACK |
|
|
Name: Janet Haack |
|
|
|
Title: As Attorney-in-Fact |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
SANKATY ADVISORS, LLC AS COLLATERAL |
|
|
|
MANAGER FOR CASTLE HILL I INGOTS LTD., AS TERM |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ DIANE J. EXTER |
|
|
Name: Diane J. Exter |
|
|
|
Title: Managing Director, Portfolio Manager |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
SANKATY ADVISORS, LLC AS COLLATERAL |
|
|
|
MANAGER FOR CASTLE HILL II INGOTS LTD, AS TERM |
||
|
|
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ DIANE J. EXTER |
|
|
Name: Diane J. Exter |
|
|
|
Title: Managing Director, Portfolio Director |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
SANKATY ADVISORS, LLC AS COLLATERAL |
|
|
|
MANAGER FOR CASTLE HILL III CLO, LIMITED AS TERM |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ DIANE J. EXTER |
|
|
Name: Diane J. Exter |
|
|
|
Title: Managing Director, Portfolio Director |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
CENTURION CDO 8, LTD |
|
|
|
BY: AMERICAN EXPRESS ASSET MGT GROUP INC., AS |
||
|
|
|
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ VINCENT P. PHAN |
|
|
Name: Vincent P. Phan |
|
|
|
Title: Director Operations |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
COSTANTINUS EATON VANCE CDO V, LTD |
|
|
|
BY: EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
CYPRESSTREE CLAIF FUNDING LLC |
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MEREDITH J. KOSLICK |
|
|
Name: Meredith J. Koslick |
|
|
|
Title: Assistant Vice President |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
DENALI CAPITAL LLC MANAGING MEMBER OF DC FUNDING |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JOHN P. THACKER |
|
|
Name: John P. Thacker |
|
|
|
Title: Chief Credit Officer |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
DENALI CAPITAL LLC, MANAGING MEMBER OF DC FUNDING |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JOHN P. THACKER |
|
|
Name: John P. Thacker |
|
|
|
Title: Chief Credit Officer |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
DENALI CAPITAL LLC, MANAGING MEMBER OF DC FUNDING |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JOHN P. THACKER |
|
|
Name: John P. Thacker |
|
|
|
Title: Chief Credit Officer |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
DENALI CAPITAL LLC, MANAGING MEMBER OF DC FUNDING |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JOHN P. THACKER |
|
|
Name: John P. Thacker |
|
|
|
Title: Chief Credit Officer |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EAGLE LOAN TRUST |
|
|
|
BY: STANFIELD CAPITAL PARTNERS, LLC |
|
|
|
AS ITS COLLATERAL MANAGER |
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ CHRISTOPHER E. JANSEN |
|
|
Name: Christopher E. Jansen |
|
|
|
Title: Managing Partner |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE INSTITUTIONAL SENIOR LOAN FUND BY: |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE CDO III, LTD. |
|
|
|
BY: EATON VANCE MANAGEMENT |
|
|
|
AS INVESTMENT ADVISOR |
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE CDO VI LTD. BY: EATON VANCE MANAGEMENT |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE LIMITED DURATION INCOME FUND BY: EATON |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE SENIOR |
|
|
|
FLOATING-RATE TRUST |
|
|
|
BY: EATON VANCE MANAGEMENT |
|
|
|
AS INVESTMENT ADVISOR |
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE SENIOR INCOME TRUST |
|
|
|
BY: EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE FLOATING RATE INCOME TRUST BY EATON |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
|
|
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
EATON VANCE SHORT DURATION DIVERSIFIED INCOME FUND |
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ MICHAEL B. BOTTHOF |
|
|
Name: Michael B. Botthof |
|
|
|
Title: Vice President |
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
FIDELITY ADVISOR SERIES II FIDELITY |
|
|
|
ADVISOR FLOATING RATE HIGH INCOME FUND |
|
|
|
|
, |
|
|
AS A LENDER |
|
|
|
|
|
|
|
|
|
|
|
By: |
/S/ JOHN H. COSTELLO |
|
|
Name: John H. Costello |
|
|
|
Title: Assistant Treasurer |
|
|
|
|
|
|
|
NAME OF INSTITUTION: |
|
|
|
|
|
|
|
FIDELITY CENTRAL INVESTMENT PORTFOLIOS LLC: FIDELITY
|
||
|
|
, |
|
|
AS A LENDER |
|
|
|
|
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By: |
/S/ JOHN H. COSTELLO |
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Name: John H. Costello |
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Title: Assistant Treasurer |
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