Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 127

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 127
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%, 3.75% or 4.00%, which margin is determined based on the company’s most recently
reported First Lien Net Leverage Ratio. SOFR loans are subject to a floor of 0%. Interest on SOFR loans is payable (a) based on the selected interest period if such interest period is less than three months or (b) quarterly if the selected
interest period is three months or longer. Base rate loans bear interest at a rate equal to 2.50%, 2.75% or 3.00%, which margin is determined based on the company’s most recently reported First Lien Net Leverage Ratio, plus the base rate.
Interest on base rate loans is payable quarterly. In addition, a commitment fee is payable quarterly for the unused portion of the Revolving Credit Facility, which accrues at an annual rate of 0.375% or 0.50%, which rate is determined based on the
company’s most recently reported First Lien Net Leverage Ratio. As of December 31, 2023, the rate for the unused portion of the Revolving Credit Facility was 0.375%.

On August 5, 2021, Legence Holdings secured an incremental commitment amount under the Revolving Credit Facility of $25.0 million,
thereby increasing the aggregate commitment amount from $65.0 million to $90.0 million.

On October 28, 2021, Legence
Holdings secured a $370.0 million incremental term loan, and a $71.7 million delayed draw term loan, and the proceeds were used to fund acquisition-related payments.

86

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

On February 27, 2023, Legence Holdings amended the Credit Agreement to transition from
the usage of LIBOR to SOFR, which included the addition of a 0.10% credit spread adjustment for borrowings of term loans or delayed draw term loans that are SOFR loans.

On July 31, 2023, Legence Holdings secured a $155.0 million incremental term loan, and the proceeds were used to fund
acquisition-related payments.

On January 19, 2024, Legence Holdings secured a $125.0 million incremental term loan, and the
proceeds were used to fund acquisition-related payments.

On June 18, 2024, Legence Holdings secured a $125.0