Exhibit 10.126

 

EXECUTION COPY

 

SECOND AMENDMENT

 

SECOND AMENDMENT, dated as of November 18, 2005 (this “Amendment”), to the
CREDIT AGREEMENT, dated as of November 19, 2004 (as amended by the First
Amendment thereto dated as of May 11, 2005, the “Credit Agreement”), among
Countrywide Financial Corporation (“CFC”), Countrywide Home Loans, Inc. (“CHL”),
the Lenders party thereto (the “Lenders”), Lloyds TSB Bank, PLC and Societe
Generale, as Documentation Agents (in such capacity, the “Documentation
Agents”), BNP Paribas, as Syndication Agent (in such capacity, the “Syndication
Agent”), Barclays Bank PLC, as Administrative Agent (in such capacity, the
“Administrative Agent”), and Royal Bank of Canada, as Managing Administrative
Agent (in such capacity, the “Managing Administrative Agent”).

 

RECITALS

 

A.            Pursuant to the Credit Agreement, the Lenders currently party to
the Credit Agreement (the “Existing Lenders”) agreed to extend credit to CFC and
CHL on the terms and subject to the conditions set forth therein.

 

B.            The Lenders signing below have agreed to extend the Commitment
Termination Date on the terms and conditions set forth below.

 

C.            In addition, the Lenders have agreed to amend the Credit Agreement
in certain respects.

 

NOW, THEREFORE, in consideration of the foregoing Recitals and for other good
and valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the parties hereto hereby agree as follows:

 

AGREEMENT

 

1.             DEFINED TERMS.  TERMS DEFINED IN THE CREDIT AGREEMENT AND USED
HEREIN SHALL HAVE THE MEANINGS GIVEN TO THEM IN THE CREDIT AGREEMENT.

 

2.             AMENDMENTS TO SECTION 1.01. (A) SECTION 1.01 OF THE CREDIT
AGREEMENT IS HEREBY AMENDED BY DELETING THEREFROM THE DEFINITIONS OF THE
FOLLOWING DEFINED TERMS IN THEIR ENTIRETY AND SUBSTITUTING IN LIEU THEREOF THE
FOLLOWING DEFINITIONS:

 

“Borrower” means CFC, CHL, or both, as appropriate.

 

“Commitment Termination Date” means November 17, 2006.

 

“Term-Out Maturity Date” means, if so selected by the Borrowers pursuant to
Section 2.09(a), November 16, 2007.

 

(B)  SECTION 1.01 OF THE CREDIT AGREEMENT IS HEREBY AMENDED BY DELETING THE
PRICING GRID IN ITS ENTIRETY IN THE DEFINITION OF “APPLICABLE RATE” AND
SUBSTITUTING IN LIEU THEREOF THE FOLLOWING:

 

--------------------------------------------------------------------------------

 

Index Debt Ratings

 

Federal
Funds Rate
Spread

 

Eurodollar
Spread

 

Facility
Fee Rate

 

Utilization
Fee Rate
>50%

 

>=A1 from Moodys or >=A+ from S&P

 

19.0

 

19.0

 

6.0

 

7.5

 

A2 from Moodys or A from S&P

 

23.0

 

23.0

 

7.0

 

7.5

 

A3 from Moodys or A- from S&P

 

32.0

 

32.0

 

8.0

 

10.0

 

Baa1 from Moodys or BBB+ from S&P

 

38.5

 

38.5

 

9.0

 

12.5

 

Baa2 from Moodys or BBB from S&P

 

50.0

 

50.0

 

12.5

 

12.5

 

<Baa2 from Moodys or BBB from S&P

 

70.0

 

70.0

 

17.5

 

12.5

 

 

3.             AMENDMENT TO SECTION 2.11(B).  SECTION 2.11(B) OF THE CREDIT
AGREEMENT IS HEREBY AMENDED BY DELETING THE WORDS “EQUAL OR EXCEED 33.3%” AND
SUBSTITUTING IN LIEU THEREOF “EXCEED 50%”.

 

4.             AMENDMENTS TO SECTION 3.04.  (A)  SECTION 3.04(A)(I) OF THE
CREDIT AGREEMENT IS HEREBY AMENDED BY (I) DELETING THE REFERENCE TO “DECEMBER
31, 2002 AND DECEMBER 31, 2003” AND SUBSTITUTING IN LIEU THEREOF “DECEMBER 31,
2003 AND DECEMBER 31, 2004”, (II) INSERTING THE WORD “, RESPECTIVELY,” AFTER THE
PHRASE “REPORTED ON” IN THE FOURTH LINE OF SECTION 3.04(A) AND (III) INSERTING
THE PHRASE “AND KPMG LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM” AFTER
THE PHRASE “INDEPENDENT PUBLIC ACCOUNTANTS,” IN THE FIFTH LINE OF SECTION
3.04(A).

 

(B)  SECTION 3.04(A)(II) OF THE CREDIT AGREEMENT IS HEREBY AMENDED BY DELETING
THE REFERENCE TO “MARCH 31, 2004 AND SEPTEMBER 30, 2004” AND SUBSTITUTING IN
LIEU THEREOF “MARCH 31, 2005 AND SEPTEMBER 30, 2005”.

 

(c)  Section 3.04(b)(i) of the Credit Agreement is hereby amended by deleting
the reference to “December 31, 2002 and December 31, 2003” and substituting in
lieu thereof “December 31, 2003 and December 31, 2004”.

 

(d)  Section 3.04(b)(ii) of the Credit Agreement is hereby amended by deleting
the reference to “March 31, 2004 and September 30, 2004” and substituting in
lieu thereof “March 31, 2005 and September 30, 2005”.

 

(e)  Section 3.04(c) of the Credit Agreement is hereby amended by deleting the
reference to “December 31, 2003” and substituting in lieu thereof “December 31,
2004”.

 

5.             AGENTS. EFFECTIVE AS OF THE EFFECTIVE DATE, THE AGENTS UNDER THE
CREDIT DOCUMENTS SHALL BE AS SET FORTH BELOW:

 

2

--------------------------------------------------------------------------------

 

Royal Bank of Canada

 

Managing Administrative Agent

 

 

Joint Lead Arranger

 

 

Joint Bookrunner

 

 

 

Barclays Bank PLC

 

Administrative Agent

 

 

Joint Lead Arranger

 

 

Joint Bookrunner

 

 

 

BNP Paribas

 

Syndication Agent

 

 

 

Lloyds TSB Bank, PLC and Societe Generale

 

Documentation Agents

 

6.             ADDITION OF NEW LENDERS AND TERMINATION OF CERTAIN EXISTING
LENDERS. TO REFLECT THE FACT THAT CERTAIN FINANCIAL INSTITUTIONS WHICH ARE NOT
CURRENTLY LENDERS MAY DESIRE TO BECOME LENDERS UNDER THE CREDIT AGREEMENT AND
THAT CERTAIN EXISTING LENDERS MAY DESIRE TO TERMINATE THEIR PARTICIPATION IN THE
CREDIT AGREEMENT, ANY SUCH FINANCIAL INSTITUTION SIGNING BELOW AS A NEW LENDER
(A “NEW LENDER”) SHALL BECOME A LENDER UNDER THE CREDIT AGREEMENT AS OF THE
EFFECTIVE DATE (AS HEREINAFTER DEFINED) AND ANY EXISTING LENDER NOT EXECUTING
AND DELIVERING THIS AMENDMENT (AN “EXITING LENDER”) SHALL CEASE TO BE A LENDER
UNDER THE CREDIT AGREEMENT AS OF THE EFFECTIVE DATE, NOTWITHSTANDING ANY
PROVISION OR REQUIREMENT IN THE CREDIT AGREEMENT TO THE CONTRARY, ALL ON THE
FOLLOWING TERMS AND CONDITIONS:

 

(A)           EACH NEW LENDER SHALL, FROM AND AFTER THE EFFECTIVE DATE, BE A
LENDER UNDER THE CREDIT AGREEMENT WITH ALL THE RIGHTS AND BENEFITS AND WITH ALL
THE AGREEMENTS AND OBLIGATIONS OF A LENDER THEREUNDER.

 

(B)           EACH EXITING LENDER SHALL, AS OF THE EFFECTIVE DATE, CEASE TO BE A
LENDER UNDER THE CREDIT AGREEMENT, ITS COMMITMENT (AND, IF APPLICABLE, SWINGLINE
COMMITMENT) THEREUNDER SHALL TERMINATE AND IT SHALL CEASE TO HAVE ANY AGREEMENTS
OR OBLIGATIONS THEREUNDER (IT BEING UNDERSTOOD AND AGREED THAT ANY RIGHTS OR
BENEFITS THEREUNDER THAT ARE EXPRESSLY STATED TO SURVIVE TERMINATION OF THE
CREDIT AGREEMENT SHALL CONTINUE TO BE RIGHTS AND BENEFITS OF THE EXITING
LENDERS).

 

(C)           ON AND AFTER THE EFFECTIVE DATE, THE COMMITMENT AND SWINGLINE
COMMITMENT OF EACH NEW LENDER AND EACH EXISTING LENDER THAT IS NOT AN EXITING
LENDER SHALL BE AS SET FORTH ON THE SCHEDULES ATTACHED HERETO AS ANNEX 1 AND
ANNEX 2, RESPECTIVELY, AND SCHEDULE 2.01 AND SCHEDULE 2.05 OF THE CREDIT
AGREEMENT SHALL BE DEEMED AMENDED ACCORDINGLY.

 

7.             REAFFIRMATION OF CREDIT DOCUMENTS. EACH OF CFC AND CHL HEREBY
AFFIRMS AND AGREES THAT: (A) OTHER THAN AS EXPRESSLY SET FORTH HEREIN, THE
EXECUTION AND DELIVERY BY CFC AND CHL OF AND THE PERFORMANCE OF ITS OBLIGATIONS
UNDER THIS AMENDMENT SHALL NOT IN ANY WAY AMEND, IMPAIR, INVALIDATE OR OTHERWISE
AFFECT ANY OF THE OBLIGATIONS OF CFC OR CHL, OR THE RIGHTS

 

3

--------------------------------------------------------------------------------

 

OF THE LENDERS, UNDER THE CREDIT AGREEMENT AND EACH OTHER LOAN DOCUMENT OR ANY
OTHER DOCUMENT OR INSTRUMENT MADE OR GIVEN BY CFC OR CHL IN CONNECTION
THEREWITH, (B) THE TERM “OBLIGATIONS” AS USED IN THE LOAN DOCUMENTS INCLUDES,
WITHOUT LIMITATION, THE OBLIGATIONS OF CFC AND CHL UNDER THE CREDIT AGREEMENT AS
AMENDED HEREBY AND (C) EXCEPT AS EXPRESSLY AMENDED HEREBY, THE LOAN DOCUMENTS
REMAIN IN FULL FORCE AND EFFECT AS WRITTEN.

 

8.             EFFECTIVE DATE. THIS AMENDMENT SHALL BE EFFECTIVE ON AND AS OF
THE DAY AND YEAR FIRST ABOVE WRITTEN (THE “EFFECTIVE DATE”) SUBJECT TO THE
DELIVERY ON OR PRIOR TO SUCH DATE TO THE MANAGING ADMINISTRATIVE AGENT OF THE
DOCUMENTS INDICATED BELOW AND THE SATISFACTION OF THE OTHER CONDITIONS SET FORTH
BELOW:

 

(A)           A COPY OF THIS AMENDMENT, DULY EXECUTED BY CFC, CHL, THE NEW
LENDERS AND THE EXISTING LENDERS THAT ARE NOT EXITING LENDERS.

 

(B)           ANY LOANS OUTSTANDING UNDER THE CREDIT AGREEMENT SHALL HAVE BEEN
PAID OR PREPAID AND ALL ACCRUED INTEREST THEREON AND ACCRUED FEES PAYABLE TO THE
EXISTING LENDERS THEREUNDER SHALL HAVE BEEN PAID (IT BEING UNDERSTOOD THAT ANY
SUCH PAYMENT MAY BE MADE WITH THE PROCEEDS OF A NEW BORROWING UNDER THE CREDIT
AGREEMENT AS AMENDED HEREBY).

 

(C)           SUCH CORPORATE RESOLUTIONS, INCUMBENCY CERTIFICATES AND OTHER
AUTHORIZATIONS FROM CFC AND CHL AS THE MANAGING ADMINISTRATIVE AGENT MAY
REASONABLY REQUEST.

 

(D)           A LEGAL OPINION OF COUNSEL TO CFC AND CHL IN FORM AND SUBSTANCE
REASONABLY SATISFACTORY TO THE MANAGING ADMINISTRATIVE AGENT.

 

(E)           EVIDENCE SATISFACTORY TO THE AGENTS THAT ALL FEES AND EXPENSES
PAYABLE TO THE AGENTS AND THE LENDERS PRIOR TO OR ON THE EFFECTIVE DATE HAVE
BEEN PAID IN FULL.

 

9.             COUNTERPARTS. THIS AMENDMENT MAY BE EXECUTED IN ANY NUMBER OF
COUNTERPARTS, EACH OF WHICH WHEN SO EXECUTED SHALL BE DEEMED TO BE AN ORIGINAL
AND ALL OF WHICH WHEN TAKEN TOGETHER SHALL CONSTITUTE ONE AND THE SAME
AGREEMENT.

 

10.           REPRESENTATIONS AND WARRANTIES. EACH OF CFC AND CHL HEREBY
REPRESENTS AND WARRANTS TO THE LENDERS AND THE MANAGING ADMINISTRATIVE AGENT AS
FOLLOWS:

 

(A)           EACH OF CFC AND CHL HAS THE CORPORATE POWER AND AUTHORITY AND THE
LEGAL RIGHT TO EXECUTE, DELIVER AND PERFORM THIS AMENDMENT AND HAS TAKEN ALL
NECESSARY CORPORATE ACTION TO AUTHORIZE THE EXECUTION, DELIVERY AND PERFORMANCE
OF THIS AMENDMENT. THIS AMENDMENT HAS BEEN DULY EXECUTED AND DELIVERED ON BEHALF
OF CFC AND CHL AND CONSTITUTES THE LEGAL, VALID AND BINDING OBLIGATION OF CFC
AND CHL ENFORCEABLE AGAINST EACH SUCH PERSON IN ACCORDANCE WITH ITS TERMS.

 

(B)           THE REPRESENTATIONS AND WARRANTIES OF THE BORROWER SET FORTH IN
ARTICLE III OF THE CREDIT AGREEMENT AS AMENDED HEREBY ARE TRUE AND CORRECT IN
ALL MATERIAL RESPECTS AS OF THE DATE HEREOF.

 

4

--------------------------------------------------------------------------------

 

11.           GOVERNING LAW.  THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF
THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 

[Signature pages following]

 

5

--------------------------------------------------------------------------------

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
as of the day and year first above written.

 

 

COUNTRYWIDE FINANCIAL CORPORATION,

 

a Delaware corporation

 

 

 

 

 

 

 

By:

/s/ Jennifer S. Sandefur

 

 

Name:

Jennifer S. Sandefur

 

Title:

Senior Managing Director and Treasurer

 

 

 

 

 

 

 

COUNTRYWIDE HOME LOANS, INC.,

 

a New York corporation

 

 

 

 

 

 

 

By:

/s/ Jennifer S. Sandefur

 

 

Name:

Jennifer S. Sandefur

 

Title:

Senior Managing Director and Treasurer

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

 

ROYAL BANK OF CANADA, as Managing

 

Administrative Agent

 

 

 

 

 

 

By:

/s/ David Wheatley

 

 

Name:

David Wheatley

 

Title:

Manager, Agency

 

 

 

 

 

 

 

ROYAL BANK OF CANADA, as a Lender

 

 

 

 

 

 

By:

/s/ Howard Lee

 

 

Name:

Howard Lee

 

Title:

Authorized Signatory

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

 

BARCLAYS BANK PLC, as Administrative Agent

 

and a Lender

 

 

 

 

 

 

 

By:

/s/ Alison A. McGuigan

 

 

Name:

Alison A. McGuigan

 

Title:

Associate Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

BNP PARIBAS, as a Lender

 

 

 

By:

/s/ Pierre-Nicholas Rogers

 

 

Name:

Pierre-Nicholas Rogers

 

Title:

Managing Director

 

 

 

 

 

 

 

By:

/s/ Jamie Dillon

 

 

Name:

Jamie Dillon

 

Title:

Managing Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

Lloyds TSB Bank, plc, as a Lender

 

 

 

By:

/s/ James M. Rudd

 

 

Name:

James M. Rudd

 

Title:

Vice President, Financial Institutions, USA

 

 

 

 

 

 

 

By:

/s/ Melissa Curry

 

 

Name:

Melissa Curry

 

Title:

Assistant Vice President, Financial

 

 

Institutions, USA

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

SOCIETE GENERALE, as a Lender

 

 

 

By:

/s/ Barry Groveman

 

 

Name:

Barry Groveman

 

Title:

Vice President

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

CREDIT SUISSE, CAYMAN ISLANDS BRANCH f/k/a
CREDIT SUISSE FIRST BOSTON, ACTING THROUGH
ITS CAYMAN ISLANDS BRANCH, as a Lender

 

 

 

By:

/s/ Jay Chall

 

 

Name:

Jay Chall

 

Title:

Director

 

 

 

 

 

 

 

By:

/s/ James Neira

 

 

Name:

James Neira

 

Title:

Associate

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

DANSKE BANK A/S, as a Lender

 

 

 

By:

/s/ J.P. Darque

 

 

Name:

J.P. Darque

 

Title:

Assistant General Manager

 

 

 

 

 

 

 

By:

/s/ Peter Hughes

 

 

Name:

Peter Hughes

 

Title:

Assistant General Manager

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

Dresdner Bank AG, New York and Grand Cayman
Branches, as a Lender

 

 

 

By:

/s/ Mark van der Griend

 

 

Name:

Mark van der Griend

 

Title:

Managing Director

 

 

 

 

 

 

 

By:

/s/ Ryan C. Flohre

 

 

Name:

Ryan C. Flohre

 

Title:

Vice President

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

Merrill Lynch Bank USA, as a Lender

 

 

 

By:

/s/ Derek Befus

 

 

Name:

Derek Befus

 

Title:

Vice President

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

The Bank of Nova Scotia, as a Lender

 

 

 

By:

/s/ Todd Meller

 

 

Name:

Todd Meller

 

Title:

Managing Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

Commonwealth Bank of Australia, as a Lender

 

 

 

By:

/s/ Laurie C. Tuzo

 

 

Name:

Laurie C. Tuzo

 

Title:

Head of North America, Global Institutional

 

 

Banking

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

Mizuho Corporate Bank, Ltd., as a Lender

 

 

 

By:

/s/ Robert Gallagher

 

 

Name:

Robert Gallagher

 

Title:

Senior Vice President

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

COOPERATIEVE CENTRALE

RAIFFEISEN-BOERENLEENBANK B.A.,

“Rabobank International,” NEW YORK BRANCH,

a bank organized under the laws of The Netherlands

(“Rabobank International”), as a Lender

 

 

 

By:

/s/ Brett Delfino

 

 

Name:

Brett Delfino

 

Title:

Executive Director

 

 

 

 

 

 

 

By:

/s/ Jeffrey C. Bazoian

 

 

Name:

Jeffrey C. Bazoian

 

Title:

Executive Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

THE TORONTO-DOMINION BANK, as a Lender

 

 

 

By:

/s/ Robyn Zeller

 

 

Name:

Robyn Zeller

 

Title:

Managing Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

WestLB AG, New York Branch, as a Lender

 

 

 

By:

/s/ Samuel Bridges

 

 

Name:

Samuel Bridges

 

Title:

Executive Director

 

 

 

 

 

 

 

By:

/s/ Dee Dee Sklar

 

 

Name:

Dee Dee Sklar

 

Title:

Managing Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

BAYERISCHE LANDESBANK, as a Lender

 

 

 

By:

/s/ James Fox

 

 

Name:

James Fox

 

Title:

Vice President

 

 

 

 

 

 

 

By:

/s/ Donna M. Quilty

 

 

Name:

Donna M. Quilty

 

Title:

Vice President

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

Bayerische Hypo-Und Vereinsbank AG, as a Lender

 

 

 

By:

/s/ Debra Laskowski

 

 

Name:

Debra Laskowski

 

Title:

Managing Director

 

 

 

 

 

 

 

By:

/s/ Craig M. Pinsly

 

 

Name:

Craig M. Pinsly

 

Title:

Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

U.S. Bank N.A., as a Lender

 

 

 

By:

/s/ David W. Johnson

 

 

Name:

David W. Johnson

 

Title:

AVP & Asst. Relationship Manager

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

CALYON NEW YORK BRANCH, as a Lender

 

 

 

By:

/s/ Sebastian Rocco

 

 

Name:

Sebastian Rocco

 

Title:

Managing Director

 

 

 

 

 

 

 

By:

/s/ W. Jay Buckley

 

 

Name:

W. Jay Buckley

 

Title:

Managing Director

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF NOVEMBER 18, 2005, TO THE
CREDIT AGREEMENT, DATED AS OF NOVEMBER 19, 2004 (AS AMENDED BY THE FIRST
AMENDMENT THERETO DATED AS OF MAY 11, 2005), AMONG COUNTRYWIDE HOME LOANS, INC.,
COUNTRYWIDE FINANCIAL CORPORATION, ROYAL BANK OF CANADA, AS MANAGING
ADMINISTRATIVE AGENT, LLOYDS TSB BANK, PLC AND SOCIETE GENERALE, AS
DOCUMENTATION AGENTS, BNP PARIBAS, AS SYNDICATION AGENT, BARCLAYS BANK PLC, AS
ADMINISTRATIVE AGENT AND THE LENDERS PARTY THERETO

 

NAME OF INSTITUTION:

 

 

Bank of Hawaii, as a Lender

 

 

 

By:

/s/ Linda R. Ho

 

 

Name:

Linda R. Ho

 

Title:

Assistant Vice President

 

Signature Page to the Second Amendment to the Countrywide 364-Day Credit
Agreement

Royal Bank of Canada as Managing Administrative Agent

 

--------------------------------------------------------------------------------

 

ANNEX 1

 

Commitment Schedule

 

 

 

Commitment

 

Continuing Lenders

 

 

 

 

 

 

 

Royal Bank of Canada

 

$

200,000,000

 

Barclays Bank plc

 

$

200,000,000

 

BNP Paribas

 

$

200,000,000

 

Credit Suisse First Boston acting through its Cayman Islands Branch

 

$

200,000,000

 

Lloyds TSB Bank plc

 

$

175,000,000

 

Danske Bank A/S

 

$

150,000,000

 

Dresdner Bank AG, New York and Grand Cayman Branches

 

$

150,000,000

 

The Bank of Nova Scotia

 

$

100,000,000

 

Commonwealth Bank of Australia

 

$

100,000,000

 

Mizuho Corporate Bank, Ltd.

 

$

100,000,000

 

Rabobank

 

$

100,000,000

 

Societe Generale

 

$

100,000,000

 

The Toronto-Dominion Bank

 

$

100,000,000

 

WestLB AG, New York Branch

 

$

100,000,000

 

Bayerische Landesbank

 

$

100,000,000

 

Bayerische Hypo-und and Vereinsbank AG, New York Branch

 

$

100,000,000

 

US Bank, National Association

 

$

50,000,000

 

Calyon New York Branch

 

$

25,000,000

 

Bank of Hawaii

 

$

25,000,000

 

 

 

 

 

New Lender

 

 

 

 

 

 

 

Merrill Lynch Bank USA

 

$

300,000,000

 

 

 

 

 

TOTAL

 

$

2,575,000,000

 

 

--------------------------------------------------------------------------------

 

ANNEX 2

 

Swingline Commitment Schedule

 

 

 

Swingline Commitment

 

Continuing Lenders

 

 

 

 

 

 

 

Royal Bank of Canada

 

$

200,000,000

 

Barclays Bank plc

 

$

200,000,000

 

BNP Paribas

 

$

200,000,000

 

Societe Generale

 

$

100,000,000

 

 

 

 

 

New Lender

 

 

 

 

 

 

 

Merrill Lynch Bank USA

 

$

300,000,000

 

 

 

 

 

TOTAL

 

$

1,000,000,000

 

 

--------------------------------------------------------------------------------