Exhibit 10.2
Execution Copy
AMENDMENT
TO
SECOND LIEN CREDIT AND GUARANTY AGREEMENT
          This AMENDMENT, dated as of May 26, 2006 (this “First Amendment”) is
entered into by and among COVANTA ENERGY CORPORATION, a Delaware corporation
(the “Company”), COVANTA HOLDING CORPORATION (formerly known as Danielson
Holding Corporation), a Delaware corporation (“Holdings”), and the parties
signatory hereto.
          WHEREAS, the Company and Holdings have entered into that certain
SECOND LIEN CREDIT AND GUARANTY AGREEMENT, dated as of June 24, 2005 (as it may
be amended, supplemented or otherwise modified, the “Credit Agreement”) entered
into by and among the Company, Holdings, CERTAIN SUBSIDIARIES OF THE COMPANY, as
Guarantors, the Lenders party thereto from time to time, GOLDMAN SACHS CREDIT
PARTNERS L.P. (“GSCP”) and CREDIT SUISSE, CAYMAN ISLANDS BRANCH (“Credit
Suisse”), as Joint Lead Arrangers and Co-Syndication Agents, and CREDIT SUISSE,
as Administrative Agent, Paying Agent and Collateral Agent.
          WHEREAS, the terms used herein, including in the preamble and recitals
hereto, not otherwise defined herein or otherwise amended hereby shall have the
meanings ascribed thereto in the Credit Agreement;
          WHEREAS, the Company has requested that the Credit Agreement be
amended in connection with the amendment and restatement of the First Lien
Credit Agreement (as defined in the Credit Agreement), as more fully set forth
herein;
          NOW, THEREFORE, in consideration of the premises and the agreements,
provisions and covenants herein contained, the Company, Holdings the Requisite
Lenders and the Administrative Agent agree as follows:
ARTICLE ONE: AMENDMENTS
          As of the First Amendment Effective Date (as defined in Article Two
hereof), the Credit Agreement shall be amended as set forth in this Article One.
     1. Section 1.1 of the Credit Agreement (Definitions) is hereby amended by
inserting in such Section the following definitions in their appropriate
alphabetical order:
“Acquisition Holdings Contribution” as defined in Section 2.14(c).
“Holdings Tax Sharing Agreement” means the tax sharing agreement among Holdings,
Company and CPIH dated as of March 10, 2004, as amended by Amendment No. 1
thereto dated as of the Closing Date, as such agreement may be amended,
restated, supplemented or otherwise modified from time to time to the extent
permitted thereunder and under Section 6.14.
“Nonpublic Information” means information which has not been disseminated in a
manner making it available to investors generally, within the meaning of
Regulation D.

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“Platform” as defined in Section 5.1(m).
   2. The definition of “Adjusted Company Operating Cash Flow” in Section 1.1 of
the Credit Agreement is hereby amended by deleting the existing clause (d) in
its entirety and replacing it with the following:
(d) payments (or intercompany loans) made by Company to or on behalf of its
Subsidiaries for Investments incurred in connection with intercompany loans
permitted under Sections 6.1(d), (e) (other than subsections (i)(A), (i)(B) and
(i)(D) thereof) and (t) or Investments incurred pursuant to Section 6.7(g),
Section 6.7(j) (but in the case of Section 6.7(j)(ii), other than to the extent
made with the proceeds of an Acquisition Holdings Contribution) and
Section 6.7(n)(ii),
   3. The definition of “DHC Tax Sharing Agreement” in Section 1.1 of the Credit
Agreement (Definitions) is hereby deleted in its entirety.
   4. The definition of “Excess Cash Flow” in Section 1.1 of the Credit
Agreement (Definitions) is hereby amended by deleting the existing clause
(b)(ii) in its entirety and replacing it with the following:
(ii) any payment (other than voluntary prepayments, prepayments made pursuant to
Section 2.14(e), the repayment of loans under the First Lien Credit Agreement
and/or Loans under this Agreement with the proceeds of loans under the First
Lien Credit Agreement) of principal of Company Total Debt; and
   5. The definition of “Excess Cash Flow” in Section 1.1 of the Credit
Agreement (Definitions) is hereby amended by deleting the existing clause
(b)(iii) in its entirety and replacing it with the following:
(iii) (A) Investments constituting intercompany loans permitted under
Sections 6.1(d), (e) (other than subsections (i)(A), (i)(B) and (i)(D) thereof)
and (t), and (B) Investments incurred pursuant to Section 6.7(g), Section 6.7(j)
(but only to the extent added back pursuant to the definition of Adjusted
Company Operating Cash Flow) and Section 6.7(n)(ii);
   6. The definition of “Permitted Acquisition” in Section 1.1 of the Credit
Agreement (Definitions) is hereby amended by deleting the existing clause
(iii) in its entirety and replacing it with the following:
(iii) to the extent a Guarantor Subsidiary is acquired, Company shall have
taken, or caused to be taken, as of the date such Person becomes a Guarantor
Subsidiary of Company, each of the actions set forth in Sections 5.10 and/or
5.11, as applicable, unless, following a request by Company, such actions are
not required by Administrative Agent;
   7. The definition of “Permitted Acquisition” in Section 1.1 of the Credit
Agreement (Definitions) is hereby amended by deleting the existing clause
(vi) in its entirety and replacing it with the following:

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(vi) any Person or assets or division as acquired in accordance herewith shall
be in the same business or lines of business in which Company and/or its
Subsidiaries are engaged as of the Closing Date or in which Company and/or its
Subsidiaries are expressly permitted hereunder to engage in.
   8. The definition of “Related Agreements” in Section 1.1 of the Credit
Agreement (Definitions) is hereby amended by deleting in existing clause
(vi) the term “DHC Tax Sharing Agreement” and replacing it with “Holdings Tax
Sharing Agreement.”
   9. Section 2.14(c) of the Credit Agreement (Mandatory Prepayments: Issuance
of Equity Securities) is hereby amended by deleting after clause (iv) the word
“and” and replacing it with “,” and adding, immediately after existing clause
(v) thereof, the following:
and (vi) cash equity contributions from Holdings to Company, the proceeds of
which are used by Company or its Subsidiaries to fund Permitted Acquisitions
(such contribution being an “Acquisition Holdings Contribution”))
   10. The following provision shall be added as Section 5.1(m) of the Credit
Agreement (Financial Statements and Other Reports: Certification of Public
Information):
(m) Certification of Public Information. Concurrently with the delivery of any
document or notice required to be delivered pursuant to this Section 5.1 or
otherwise delivered to any Agent, Holdings shall indicate in writing whether
such document or notice contains Nonpublic Information. Any document or notice
required to be delivered pursuant to this Section 5.1 or is otherwise delivered
to any Agent shall be deemed to contain Nonpublic Information unless Holdings
specifies otherwise. Holdings and each Lender acknowledges that certain of the
Lenders may be “public-side” Lenders (Lenders that do not wish to receive
material non-public information with respect to Holdings, its Subsidiaries or
their securities) and, if documents or notices required to be delivered pursuant
to this Section 5.1 or otherwise are being distributed through
IntraLinks/IntraAgency or another relevant website (the “Platform”), any
document or notice which contains Nonpublic Information (or is deemed to contain
Nonpublic Information) shall not be posted on that portion of the Platform
designated for such public side Lenders.
   11. Section 5.12 of the Credit Agreement (Interest Rate Protection) is hereby
amended by deleting the existing section in its entirety and replacing it with
the following:
No later than the earlier of (i) 90 days following the date of the issuance of
the Second Lien Notes and (ii) 270 days following the Closing Date and at all
times thereafter, Company shall maintain, or caused to be maintained, in effect
one or more Interest Rate Agreements for a term of not less than three (3) years
and otherwise in form and substance reasonably satisfactory to Administrative
Agent, which Interest Rate Agreements shall effectively limit the Unadjusted
Eurodollar Rate Component of the interest costs to Company with respect to an
aggregate notional principal amount of not less than 50% of the aggregate
principal amount of the Loans and the Term Loans under and as defined in the
First Lien Credit Agreement (as in effect

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from time to time), to a rate reasonably acceptable to Administrative Agent.
   12. Section 6.1(d) of the Credit Agreement (Indebtedness) is hereby amended
by deleting the existing provision in its entirety and replacing it with the
following:
(d) (i) Indebtedness of Subsidiaries of Company to Company or any Guarantor
Subsidiary, the proceeds of which are used solely to fund one or more Permitted
Acquisitions, and (ii) Indebtedness of Foreign Subsidiaries of Company to
Company in an amount not to exceed (A) $3,000,000 incurred in any Fiscal Year
(with any unused amounts accumulating on a cumulative basis to each subsequent
Fiscal Year) or (B) $15,000,000 in the aggregate at any one time outstanding
which is incurred after the Closing Date (plus the principal amount of any
Indebtedness repaid by a Foreign Subsidiary to Company or any Guarantor
Subsidiary after the Closing Date), provided, that (1) the proceeds of such
Indebtedness incurred in reliance on this clause (ii) are used to finance the
development, construction or capital improvements to renewable energy or
waste-to-energy Projects, and (2) no more than $2,000,000 of such Indebtedness
incurred in any Fiscal Year in reliance on this clause (ii) may be incurred with
respect to Projects located in jurisdictions outside of the United Kingdom or
Europe, and provided, further, with regard to all Indebtedness incurred in
reliance on this subsection (d) (1) no such Indebtedness may be incurred at any
time that Company and its Subsidiaries are not in compliance with Section 6.8,
(2) no such Indebtedness may be incurred to make capital expenditures if after
giving effect to such expenditures Company and its Subsidiaries would not be in
pro forma compliance with Section 6.8(d) and (3) all such intercompany
Indebtedness shall be evidenced by the Intercompany Master Note;
   13. Section 6.1(j)(ii) of the Credit Agreement (Indebtedness) is hereby
amended by deleting the word “Foreign”.
   14. The reference to “including” in the first parenthetical in Section 6.1(m)
of the Credit Agreement shall be replaced with the word “excluding”.
   15. The following provision shall be added as Section 6.1(y) of the Credit
Agreement (Indebtedness) (and the existing subsection (y) contained in
Section 6.1 of the Credit Agreement shall be recaptioned as subsection (z)):
(y) Limited Recourse Debt of any Subsidiary of Company assumed in connection
with a Permitted Acquisition of such Subsidiary existing at the time such
Permitted Acquisition was consummated provided that such Limited Recourse Debt
was not incurred in connection with or in anticipation of such Permitted
Acquisition in an aggregate amount not to exceed at any time $50,000,000; and
   16. Section 6.2 of the Credit Agreement (Liens) is hereby amended by deleting
clause (s) in its entirety and replacing it with the following:

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(s) Liens securing Indebtedness permitted by Section 6.1(m)(i) and
Section 6.1(m)(ii) and Liens secured only by the asset acquired in connection
with the incurrence of such Indebtedness permitted by Section 6.1(y);
   17. Section 6.5(d) of the Credit Agreement (Restricted Junior Payments) is
hereby amended by deleting the term “DHC Tax Sharing Agreement” and replacing it
with “Holdings Tax Sharing Agreement.”
   18. Section 6.7(j) of the Credit Agreement (Investments) is hereby amended by
adding a “(i)” at the beginning thereof and inserting the following clause
(ii) in its entirety at the end thereof:
(ii) equity Investments in Subsidiaries by Company or any Subsidiary to provide
such Subsidiary with equity capitalization necessary or advisable in connection
with the making of Permitted Acquisitions substantially contemporaneously with
such equity Investment;
   19. Section 6.9(e) of the Credit Agreement (Fundamental Changes; Disposition
of Assets; Acquisitions) is hereby amended by deleting the existing provision in
its entirety and replacing it with the following:
(e) (i) Permitted Acquisitions to the extent the consideration does not exceed
$75,000,000 in the aggregate plus the amount of any Acquisition Holdings
Contributions from the Closing Date to the date of determination and
(ii) acquisitions by Company of assets contributed to it by Holdings as equity
capital contributions;
   20. Section 6.12 of the Credit Agreement (Transactions with Shareholders and
Affiliates) is hereby amended by deleting the term “DHC Tax Sharing Agreement”
and replacing it with “Holdings Tax Sharing Agreement.”
   21. Section 10.1 of the Credit Agreement (Notices) is hereby amended by
adding a “(a)” at the beginning thereof and inserting the following as clause
(b) in its entirety:
(b) Electronic Communications. Notices and other communications to the Lenders
hereunder may be delivered or furnished by electronic communication (including e
mail and Internet or intranet websites) pursuant to procedures approved by
Administrative Agent, provided that the foregoing shall not apply to notices to
any Lender pursuant to Section 2 if such Lender, as applicable, has notified
Administrative Agent that it is incapable of receiving notices under such
Section by electronic communication. Administrative Agent or Company may, in its
discretion, agree to accept notices and other communications to it hereunder by
electronic communications pursuant to procedures approved by it, provided that
approval of such procedures may be limited to particular notices or
communications. Unless Administrative Agent otherwise prescribes, (i) notices
and other communications sent to an e-mail address shall be deemed received upon
the sender’s receipt of an acknowledgement from the intended recipient (such as
by the “return receipt requested” function, as available, return e-mail or other
written acknowledgement), provided that if such notice or other communication is
not sent during the normal business hours of the recipient, such notice or
communication shall be deemed to have been sent at the opening of

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business on the next Business Day for the recipient, and (ii) notices or
communications posted to an Internet or intranet website shall be deemed
received upon the deemed receipt by the intended recipient at its e-mail address
as described in the foregoing clause (i) of notification that such notice or
communication is available and identifying the website address therefor.
          22. Each institution executing this Amendment also agrees to the terms
of the limited waiver to the Intercreditor Agreement dated the date hereof, that
allows for the prepayment of the Loans with the proceeds of the Delayed Draw
Term Loans.
ARTICLE TWO: CONDITIONS PRECEDENT TO EFFECTIVENESS
          The provisions set forth in Article One hereof shall be effective as
of the date (the “First Amendment Effective Date”) on which each of the
following conditions shall have been satisfied (or waived in accordance with
Section 10.5 of the Credit Agreement):
     1. The Credit Parties, the Administrative Agent and the Requisite Lenders
shall have indicated their consent by the execution and delivery of the
signature pages to the Administrative Agent.
     2. The Company shall have paid all fees, costs and expenses owing to the
Administrative Agent and its counsel invoiced to the Company on or before the
date hereof and reimbursable by the Company under the terms of the Credit
Agreement.
     3. The Company shall have paid to each Lender executing this First
Amendment on or prior to May 26, 2006, an amendment fee equal to 0.25% of the
aggregate amount of such Lender’s outstanding Loans on the First Amendment
Effective Date.
     4. The Company and requisite lenders under the First Lien Credit Agreement
shall have executed and delivered an amendment and restatement of the existing
First Lien Credit Agreement and a consent to the Intercreditor Agreement, in
each case on terms reasonably satisfactory to the Administrative Agent.
ARTICLE THREE: REPRESENTATIONS AND WARRANTIES
     In order to induce the Agents and Lenders to enter into this First
Amendment, each Credit Party represents and warrants to each Agent and each
Lender, that:
     1. Representations and Warranties. As of the First Amendment Effective
Date, each of the representations and warranties contained in each of the Credit
Documents is true, correct and complete in all material respects to the same
extent as though made on and as of that date, except to the extent such
representations and warranties specifically relate to an earlier date, in which
case such representations and warranties shall have been true, correct and
complete in all material respects on and as of such earlier date.
     2. Corporate Power and Authority. As of the First Amendment Effective Date,
each and every Credit Party has all requisite power to own and operate its
properties, to carry on its business as now conducted and as proposed to be
conducted, to enter into this First Amendment, and to carry out the transactions
contemplated hereby. The execution, delivery and performance of this First
Amendment has been duly authorized by all necessary action on the part of each
Credit Party that is a party to this First Amendment.

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     3. No Conflict; Governmental Consents. The execution, delivery and
performance by each of the Credit Parties to this First Amendment and the
consummation of the transactions contemplated by this First Amendment do not and
will not (a) violate any provision of any law or any governmental rule or
regulation applicable to any of the Credit Parties, any Governmental
Authorization, any of the Organizational Documents of Company or any of its
Subsidiaries, or any order, judgment or decree of any court or other agency of
government binding on any of the Credit Parties, (b) conflict with, result in a
breach of or constitute (with due notice or lapse of time or both) a default
under any Contractual Obligation of any Credit Party, (c) result in or require
the creation or imposition of any Lien upon any of the material properties or
assets of any Credit Party or any of its Subsidiaries (other than any Liens
created under this First Amendment or any of the other Credit Documents in favor
of Collateral Agent on behalf of the Secured Parties) or (d) require any
registration with, consent or approval of, or notice to, or other action to,
with or by, any Governmental Authority or any Person under any Contractual
Obligation; except for such registration, consent or approval obtained by the
First Amendment Effective Date and disclosed in writing to Lenders.
     4. Binding Obligation. This First Amendment has been duly executed and
delivered by each Credit Party and is the legally valid and binding obligation
of such Credit Party, enforceable against such Credit Party in accordance with
its terms, except as may be limited by bankruptcy, insolvency, reorganization,
moratorium or similar laws relating to or limiting creditors’ rights generally
or by equitable principles relating to enforceability.
     5. Absence of Default. No event has occurred and is continuing or will
result from the consummation of the transactions contemplated by this Amendment
that would constitute a Default or an Event of Default.
ARTICLE FOUR: AGREEMENT, ACKNOWLEDGMENT AND CONSENT
     1. Each of the Company and the Guarantors hereby acknowledges that it has
reviewed the terms and provisions of the Credit Agreement and this First
Amendment and consents to the modifications effected pursuant to this First
Amendment. Each of the Company and the Guarantors hereby: (i) confirms that each
Credit Document to which it is a party or otherwise bound and all Collateral
encumbered thereby will continue to guarantee or secure, as the case may be, to
the fullest extent possible in accordance with the Credit Documents, the payment
and performance of all Guaranteed Obligations under the Credit Agreement and
Secured Obligations (as such term is defined in the Pledge and Security
Agreement) under the Pledge and Security Agreement now or hereafter existing
under or in respect of the Credit Agreement, and confirms its grants to the
Collateral Agent of a continuing lien on and security interest in and to all
Collateral as collateral security for the prompt payment and performance in full
when due of the Guaranteed Obligations under the Credit Agreement and the
Secured Obligations (as such term is defined in the Pledge and Security
Agreement) under the Pledge and Security Agreement (whether at stated maturity,
by acceleration or otherwise) and (ii) acknowledges and agrees that any of the
Credit Documents to which it is a party or otherwise bound shall continue in
full force and effect and that all of its obligations thereunder shall be valid
and enforceable (subject to the qualifications set forth in Section 4.6 of the
Credit Agreement) and shall not be impaired or limited by the execution or
effectiveness of this Amendment. Each Credit Party hereby agrees and admits that
it has no defenses to or offsets against any of its obligations to any Agent or
any Lender under the Credit Documents.
     2. Each Guarantor acknowledges and agrees that (i) notwithstanding the
conditions to effectiveness set forth in this First Amendment, such Guarantor is
not required by the terms of the Credit Agreement or any other Credit Document
to consent to the amendments effected pursuant to this First Amendment, and
(ii) nothing in the Credit Agreement, this First Amendment or any other Credit
Document shall be deemed to require the consent of such Guarantor to any future
waivers or amendments to the Credit Agreement.

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ARTICLE FIVE: MISCELLANEOUS
     1. This Amendment shall be binding upon the parties hereto and their
respective successors and assigns and shall inure to the benefit of the parties
hereto and the successors and assigns of Lenders. No Credit Party’s rights or
obligations hereunder or any interest therein may be assigned or delegated by
any Credit Party without the prior written consent of all Lenders.
     2. Except as expressly amended hereby, the Credit Agreement and all other
documents, agreements and instruments relating thereto are and shall remain
unmodified and in full force and effect. On and after the First Amendment
Effective Date, each reference in the Credit Agreement to “this Agreement”,
“hereunder”, “hereof”, “herein” or words of like import, and each reference in
the Notes to the Credit Agreement, shall mean and be a reference to the Credit
Agreement as amended hereby, and this First Amendment and the Credit Agreement
shall be read together and construed as a single instrument.
     3. In case any provision in or obligation hereunder 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.
     4. Except as specifically waived by this Amendment, the Credit Agreement
and the other Credit Documents shall remain in full force and effect and are
hereby ratified and confirmed.
     5. The execution, delivery and performance of this Amendment shall not,
except as expressly provided herein, constitute a waiver of any provision of, or
operate as a waiver of any right, power or remedy of any Agent or Lender under,
the Credit Agreement or any of the other Credit Documents.
     6. Section headings herein are included herein for convenience of reference
only and shall not constitute a part hereof for any other purpose or be given
any substantive effect.
     7. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER
SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK.
     8. This Amendment may be executed in any number of counterparts, each of
which when so executed and delivered shall be deemed an original, but all such
counterparts together shall constitute but one and the same instrument.
     [The remainder of this page is intentionally left blank.]

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            COVANTA ENERGY CORPORATION
      By:   /s/ Timothy J. Simpson        Name:   Timothy J. Simpson       
Title:   Senior Vice President, General Counsel and Secretary     

            COVANTA HOLDING CORPORATION
      By:   /s/ Timothy J. Simpson        Name:   Timothy J. Simpson       
Title:   Senior Vice President, General Counsel and Secretary     

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            CREDIT SUISSE, CAYMAN ISLANDS BRANCH
as Administrative Agent and a Lender,
      By:   /s/ Thomas R. Cantello         Name:   THOMAS R. CANTELLO       
Title:   VICE PRESIDENT     

                  By:   /s/ James Neira         Name:   JAMES NEIRA       
Title:   ASSOCIATE   

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                  GOLDMAN SACHS CREDIT PARTNERS L.P.,         as a Lender    
 
           
 
  By:   /s/ Bruce H. Mendelsohn    
 
           
 
  Name:   BRUCE H. MENDELSOHN    
 
  Title:   AUTHORIZED SIGNATORY    

S-3

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                          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            

 

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                          EATON VANCE                 LIMITED DURATION INCOME
FUND                 BY: EATON VANCE MANAGEMENT            
 
         AS INVESTMENT ADVISOR            
 
        ,                                 as a Lender            
 
                   
 
  By:   /s/ Michael B. Botthof            
 
                   
 
  Name:   Michael B. Botthof            
 
  Title:   Vice President            

 

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                          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            

 

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                          EATON VANCE SHORT DURATION                 DIVERSIFIED
INCOME FUND                 BY: EATON VANCE MANAGEMENT                      AS
INVESTMENT ADVISOR            
 
        ,                                 as a Lender            
 
                   
 
  By:   /s/ Michael B. Botthof            
 
                   
 
  Name:   Michael B. Botthof            
 
  Title:   Vice President            

 

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                          Harch CLO II Limited            
 
        ,                                 as a Lender            
 
                   
 
  By:   /s/ Michael E. Lewitt            
 
                   
 
  Name:   Michael E. Lewitt            
 
  Title:   AUTHORIZED SIGNATORY            

 

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                  LANDMARK CDO LIMITED         By: Aladdin Capital Management
LLC, as Manager    
 
           
 
  By:   /s/ Angela Bozorgmir    
 
           
 
  Name:   Angela Bozorgmir    
 
  Title:   Director    
 
                LANDMARK II CDO LIMITED         By: Aladdin Capital Management
LLC, as Manager    
 
           
 
  By:   /s/ Angela Bozorgmir    
 
           
 
  Name:   Angela Bozorgmir    
 
  Title:   Director    
 
                LANDMARK III CDO LIMITED         By: Aladdin Capital Management
LLC, as Manager    
 
           
 
  By:   /s/ Angela Bozorgmir    
 
           
 
  Name:   Angela Bozorgmir    
 
  Title:   Director    
 
                LANDMARK IV CDO LIMITED         By: Aladdin Capital Management
LLC, as Manager    
 
           
 
  By:   /s/ Angela Bozorgmir    
 
           
 
  Name:   Angela Bozorgmir    
 
  Title:   Director    
 
                LANDMARK V CDO LIMITED         By: Aladdin Capital Management
LLC, as Manager    
 
           
 
  By:   /s/ Angela Bozorgmir    
 
           
 
  Name:   Angela Bozorgmir    
 
  Title:   Director    
 
                GREYROCK CDO LTD.    
 
           
 
  By:   /s/ Angela Bozorgmir    
 
           
 
  Name:   Angela Bozorgmir    
 
  Title:   Director    

 

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

 

                  Grand Central Asset Trust, DHV Series____________,     as a
Lender    
 
           
 
  By:   /s/ Roy Hykal    
 
  Name:  
 
ROY HYKAL    
 
  Title:   Attorney-in-fact    

 

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

 

                            ,           as a lender        
 
                    Diversified Income Strategies Portfolio, Inc.
 
               
 
  By:   /s/ [Illegible]        
 
     
 
       
 
                    Floating Rate Income Strategies Fund, Inc.
 
               
 
  By:   /s/ [Illegible]        
 
     
 
       
 
                    Floating Rate Income Strategies Fund II, Inc.
 
               
 
  By:   /s/ [Illegible]        
 
     
 
       
 
                    SENIOR HIGH INCOME PORTFOLIO, INC.
 
               
 
  By:   /s/ [Illegible]        
 
     
 
       
 
                    DEBT STRATEGIES FUND INC.
 
               
 
  By:   /s/ [Illegible]        
 
     
 
       
 
                    MASTER SENIOR FLOATING RATE TRUST
 
               
 
  By:   /s/ [Illegible]        
 
     
 
       
 
                    Merrill Lynch Global: Invest and Series     Income
Strategies Portfolio
 
  By:   Merrill Lynch Investment Managers, L.P.        
 
      as Investment Advisor        
 
               
 
  By:   /s/ [Illegible]        
 
     
 
       

 

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

 

                      Castle Garden Funding ,            as a Lender        
 
               
 
  By:   /s/ David H. Lerner        
 
  Name:  
 
DAVID H. LERNER        
 
  Title:   AUTHORIZED SIGNATORY        

 

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

 

                      Credit Suisse Asset Management     Syndicated Loan Fund , 
          as a Lender        
 
               
 
  By:   /s/ David H. Lerner        
 
  Name:  
 
DAVID H. LERNER        
 
  Title:   AUTHORIZED SIGNATORY        

 

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

 

                      Atrium III ,            as a Lender        
 
               
 
  By:   /s/ David H. Lerner        
 
  Name:  
 
DAVID H. LERNER        
 
  Title:   AUTHORIZED SIGNATORY        

 

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

 

                      Atrium IV ,            as a Lender        
 
               
 
  By:   /s/ David H. Lerner        
 
  Name:  
 
DAVID H. LERNER        
 
  Title:   AUTHORIZED SIGNATORY        

 

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

 

                      CSAM Funding IV ,            as a Lender        
 
               
 
  By:   /s/ David H. Lerner        
 
  Name:  
 
DAVID H. LERNER        
 
  Title:   AUTHORIZED SIGNATORY        

 

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

 

                      CSAM Funding II ,            as a Lender        
 
               
 
  By:   /s/ David H. Lerner        
 
  Name:  
 
DAVID H. LERNER        
 
  Title:   AUTHORIZED SIGNATORY        

 

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

 

                      CSAM Funding I ,            as a Lender        
 
               
 
  By:   /s/ David H. Lerner        
 
  Name:  
 
DAVID H. LERNER        
 
  Title:   AUTHORIZED SIGNATORY        

 

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

 

                      Grand Central Asset Trust, PFD     Series ,            as
a Lender        
 
               
 
  By:   Roy Hykal        
 
  Name:  
 
ROY HYKAL        
 
  Title:   Attorney-in-fact        

 

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

 

                 
 
                    Canyun Capital CLO 2004-1 Ltd. ,            as a Lender    
   
 
               
 
  By:   /s/ Patrick Dooley        
 
  Name:  
 
Patrick Dooley        
 
  Title:   Authorized signatory        
 
               
 
  By:   Canyun Capital Advisors LLC,        
 
      a Delaware Limited Liability Company,        
 
      its Collateral Manager.        

 

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

 

                  Canpartners Investments IV, LLC ,   
 
            as a Lender    
 
           
 
  By:   /s/ Mitchell R. Julis    
 
           
 
  Name:   Mitchell R. Julis    
 
  Title:   Managing Director    
 
  By:   Canpartners Investments IV, LLC,    
 
      a California limited liability company    

 

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

 

                  Fidelity Central Investment Portfolios LLC; High
Income Central Investment Portfolio 1,
as a Lender    
 
           
 
  By:   /s/ John H. Costello    
 
           
 
  Name:   John H. Costello    
 
  Title:   Assistant Treasurer    

 

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

 

                  Variable Insurance Products Fund; High Income Portfolio,
as a Lender    
 
           
 
  By:   /s/ John H. Costello    
 
           
 
  Name:   John H. Costello    
 
  Title:   Assistant Treasurer    

 

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

 

                  Fidelity Advisor Series II; Fidelity Advisor High Income Fund,
as a Lender    
 
           
 
  By:   /s/ John H. Costello    
 
           
 
  Name:   John H. Costello    
 
  Title:   Assistant Treasurer    

 

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

 

                  Fidelity High Yield Bond Collective Trust, By: Fidelity
Management Trust Company, as Trustee for the Fidelity Group Trust for Employee
Benefit Plans, Fidelity High Yield Collective Trust,
as a Lender    
 
           
 
  By:   /s/ Geoffrey W. Johnson    
 
 
 
   
 
  Name: Geoffrey W. Johnson    
 
  Title: Vice President    

 

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

 

                  General Motors Investment Management Corp, By:
Fidelity Management Trust Company, as Investment
Manager under power of attorney,
as a Lender    
 
           
 
  By:  /s/ Geoffrey W. Johnson    
 
 
 
   
 
  Name: Geoffrey W. Johnson    
 
  Title: Vice President    

 

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

 

                  General Motors Trust Bank, National Association, By:        
Fidelity Management Trust Company, as Investment         Manager under power of
attorney,         as a Lender    
 
           
 
  By:
Name:   /s/ Geoffrey W. Johnson
 
Geoffrey W. Johnson    
 
  Title:   Vice President    

 

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

 

                  Ritchie Energy Trading, Ltd.         By: Ritchie Capital
Management, L.L.C.         its Sub-Investment Advisor,         as a Lender    
 
           
 
  By:
Name:   /s/ John Stocchetti
 
John Stocchetti    
 
  Title:   CFO    

 

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

 

          ,          ,       as a Lender    
 
           
 
  By:        
 
  Name:  
 
   
 
  Title:        

                  OCM High Yield Plus Fund, L.P.    
 
                By: OCM High Yield Plus Fund GP, LLC         Its: General
Partner    
 
                By: Oaktree Capital Management, LLC         Its: Managing Member
   
 
           
 
  By:   /s/ Timothy J. Andrews
 
   Timothy J. Andrews    
 
         Managing Director    
 
           
 
  By:   /s/ Richard Ting
 
   Richard Ting    
 
         Senior Vice President    

 

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

 

                  Halcyon Structured Asset Management CLO I Ltd.,         as a
Lender    
 
                By: Halcyon Structured Asset Management L.P., as        
Collateral Manager under the Collateral Management         Agreement dated
September 23, 2005 between         Halcyon Structured Asset Management L.P. and
        Halcyon Structured Asset Management CLO I Ltd.    
 
                By: Halcyon Structured Asset Management LLC, its         sole
general partner    
 
           
 
  By:
Name:   /s/ James W. Sykes
 
James W. Sykes    
 
  Title:   Managing Principal    

 

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

 

                  Halcyon Structured Opportunities Fund L.P.,
as a Lender    
 
                By: Halcyon Structured Asset Management, L.P., its Investment
Manager    
 
           
 
  By:   /s/ James W. Sykes    
 
           
 
  Name:   James W. Sykes    
 
  Title:   Managing Principal    

 

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

 

                      PIMCO Floating Rate Income Fund         By:   Pacific
Investment Management Company LLC,
as its Investment Advisor, acting through Investors
Fiduciary Trust Company in the Nominee Name of IFTCO
 
               
 
      By:   /s/ Mohan V. Phansalkar    
 
               
 
          Mohan V. Phansalkar    
 
          Managing Director    

 

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

 

                      PIMCO Floating Rate Strategy Fund         By:   Pacific
Investment Management Company LLC,
as its Investment Advisor, acting through Investors
Fiduciary Trust Company in the Nominee Name of IFTCO
 
               
 
      By:   /s/ Mohan V. Phansalkar    
 
               
 
          Mohan V. Phansalkar    
 
          Managing Director    

 

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

 

                  LL PEACHTREE FUNDING LLC,         as a Lender    
 
           
 
  By:   /s/ M. Cristina Higgins    
 
           
 
  Name:   M. Cristina Higgins    
 
  Title:   Authorized Agent    

 

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

 

                  TRS Plainfield LLC                   as a Lender    
 
           
 
  By:   /s/ Deirdre Whorton    
 
           
 
  Name:   Deirdre Whorton    
 
  Title:   Assistant Vice President    

 

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

 

                  GULF STREAM-COMPASS CLO 2003-1 LTD.
By: Gulf Stream Asset Management LLC
As Collateral Manager    
 
        ,       as a Lender    
 
           
 
  By:   /s/ Barry K. Love    
 
           
 
  Name:   Barry K. Love    
 
  Title:   Chief Credit Officer    

 

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

 

                  GULF STREAM-COMPASS CLO 2002-1 LTD.
By: Gulf Stream Asset Management LLC
As Collateral Manager    
 
        ,       as a Lender    
 
           
 
  By:   /s/ Barry K. Love    
 
           
 
  Name:   Barry K. Love    
 
  Title:   Chief Credit Officer    

 

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

 

                  Harch CLO II Limited                   as a Lender    
 
           
 
  By:   /s/ Michael E. Lewitt    
 
           
 
  Name:   Michael E. Lewitt    
 
  Title:   Authorized Signatory    

 

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

 

                  Essex Park CDO Ltd.
By: Blackstone Debt Advisors L.P.
As Collateral Manager    
 
                  ,       as a Lender    
 
           
 
  By:   /s/ Dean Criares    
 
           
 
  Name:   Dean Criares    
 
  Title:   Senior Managing Director    

 

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

 

                  Lafayette Square CDO Ltd.
for itself or as agent for
Lafayette Square CDO Ltd.    
 
                          as a Lender    
 
           
 
  By:   /s/ Dean Criares    
 
           
 
  Name:   Dean Criares    
 
  Title:   Senior Managing Director    

 

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

 

                  Monument Park CDO Ltd.
By: Blackstone Debt Advisors L.P.
As Collateral Manager    
 
                          as a Lender    
 
           
 
  By:   /s/ Dean Criares    
 
           
 
  Name:   Dean Criares    
 
  Title:   Senior Managing Director    

 

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

 

                  Hanover Square CLO Ltd.
By: Blackstone Debt Advisors L.P.
As Collateral Manager    
 
                           ,         as a Lender    
 
           
 
  By:   /s/ Dean Criares    
 
           
 
  Name:   Dean Criares    
 
  Title:   Senior Managing Director    

 

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

 

              Union Square CDO Ltd.     By: Blackstone Debt Advisors L.P.     As
Collateral Manager
 
       
 
                  as a Lender
 
       
 
  By:   /s/ Dean Criares
 
       
 
  Name:   Dean Criares
 
  Title:   Senior Managing Director

 

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

 

              Loan Funding VI LLC,     for itself or as agent for     Corporate
Loan Funding VI LLC
 
                  as a Lender
 
       
 
  By:   /s/ Dean Criares
 
       
 
  Name:   Dean Criares
 
  Title:   Senior Managing Director

 

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

 

              AVENUE CLO III, LIMITED,     as a Lender
 
       
 
  By:   /s/ Richard D’Addario
 
       
 
  Name:   RICHARD D’ADDARIO
 
  Title:   SENIOR PORTFOLIO MANAGER

 

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

 

              AVENUE CLO FUND, LIMITED,     as a Lender
 
       
 
  By:   /s/ Richard D’Addario
 
       
 
  Name:   RICHARD D’ADDARIO
 
  Title:   SENIOR PORTFOLIO MANAGER

 

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

 

              AVENUE CLO II, LIMITED,     as a Lender
 
       
 
  By:   /s/ Richard D’Addario
 
       
 
  Name:   RICHARD D’ADDARIO
 
  Title:   SENIOR PORTFOLIO MANAGER

 

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

 

              SANDELMAN FINANCE 2006-1, LTD,     as a Lender
 
       
 
  By:   /s/ Brad L. Jenkins
 
       
 
  Name:   Brad L. Jenkins
 
  Title:   Collateral Adminstrator

 

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

 

              CEDARVIEW OPPORTUNITIES     MASTER FUND L.P.           as a Lender
 
       
 
  By:   /s/ Burton Weinstein
 
       
 
  Name:   Burton Weinstein
 
  Title:   Managing Partner

 

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

 

              Seneca Capital LP           as a Lender
 
       
 
  By:   /s/ Nikola Duravcevic
 
       
 
  Name:   Nikola Duravcevic
 
  Title:   Portfolio Manager

 

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

 

              Camulos Master Fund LP           as a Lender
 
       
 
  By:   /s/ Richard D. Holahan, Jr.
 
       
 
  Name:   RICHARD D. HOLAHAN, JR.
 
  Title:   Authorized Signatory

 

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

 

              Redwood Master Fund, Ltd.           as a Lender
 
       
 
  By:   /s/ Jonathan Kolatch
 
       
 
  Name:   JONATHAN KOLATCH
 
  Title:   Director

 

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

 

         
 
            WIND RIVER CLO I LTD.     By: McDonnell Investment Management, LLC,
as Manager
 
                  as a Lender
 
       
 
  By:   /s/ Kathleen A. Zarn
 
       
 
  Name:   Kathleen A. Zarn
 
  Title:   Vice President

 

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

 

         
 
            WIND RIVER CLO II – TATE INVESTORS, LTD.     By: McDonnell
Investment Management, LLC, as Manager
 
                  as a Lender
 
       
 
  By:   /s/ Kathleen A. Zarn
 
       
 
  Name:   Kathleen A. Zarn
 
  Title:   Vice President

 

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

 

\

         
 
            MCDONNELL LOAN OPPORTUNITY LTD.     By: McDonnell Investment
Management, LLC,     as Investment Manager
 
                  as a Lender
 
       
 
  By:   /s/ Kathleen A. Zarn
 
       
 
  Name:   Kathleen A. Zarn
 
  Title:   Vice President

 

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

 

              Wells Capital Management for account # 12222133           as a
Lender
 
       
 
  By:   /s/ Philip Susser
 
       
 
  Name:   Philip Susser
 
  Title:   Managing Director

 

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

 

              Wells Capital Management for account # 13702900           as a
Lender
 
       
 
  By:   /s/ Philip Susser
 
       
 
  Name:   Philip Susser
 
  Title:   Managing Director

 

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

 

              Wells Capital Management for account # 13823100           as a
Lender
 
       
 
  By:   /s/ Philip Susser
 
       
 
  Name:   Philip Susser
 
  Title:   Managing Director

 

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

 

                  Wells Capital Management
for account # 14945000 ,                  as a Lender    
 
           
 
  By:   /s/ Philip Susser    
 
  Name:  
 
Philip Susser    
 
  Title:   Managing Director    

 

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

 

                  Wells Capital Management
for account # 16463700 ,                  as a Lender    
 
           
 
  By:   /s/ Philip Susser    
 
  Name:  
 
Philip Susser    
 
  Title:   Managing Director    

 

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

 

                  Wells Capital Management
for account # 15605400     Vulcan Ventures ,                  as a Lender    
 
           
 
  By:   /s/ Philip Susser    
 
  Name:  
 
Philip Susser    
 
  Title:   Managing Director    

 

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

 

                  Wells Capital Management
for account # 16017000 ,                  as a Lender    
 
           
 
  By:   /s/ Philip Susser    
 
  Name:  
 
Philip Susser    
 
  Title:   Managing Director    

 

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

 

                  Stone Tower Credit Funding I Ltd.         By: Stone Tower Debt
Advisors LLC, as its Collateral         Manager,         as a Lender    
 
           
 
  By:   /s/ Michael W Delpercio    
 
  Name:  
 
MICHAEL W DELPERCIO    
 
  Title:   AUTHORIZED SIGNATORY    

 

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

 

                  Granite Ventures I Ltd.         By: Stone Tower Debt Advisors
LLC, as its Collateral         Manager,         as a Lender    
 
           
 
  By:   /s/ Michael W Delpercio    
 
  Name:  
 
MICHAEL W DELPERCIO    
 
  Title:   AUTHORIZED SIGNATORY    

 

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

 

              Granite Ventures II Ltd.     By: Stone Tower Debt Advisors LLC, as
its Collateral     Manager,     as a Lender
 
       
 
  By:   /s/ Michael W Delpercio
 
       
 
  Name:   MICHAEL W DELPERCIO
 
  Title:   AUTHORIZED SIGNATORY

 

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

 

              Stone Tower CDO II Ltd.     By: Stone Tower Debt Advisors LLC, as
its Collateral     Manager,     as a Lender
 
       
 
  By:   /s/ Michael W Delpercio
 
       
 
  Name:   MICHAEL W DELPERCIO
 
  Title:   AUTHORIZED SIGNATORY

 

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

 

              Stone Tower CDO Ltd.     By: Stone Tower Debt Advisors LLC, as its
Collateral     Manager,     as a Lender
 
       
 
  By:   /s/ Michael W Delpercio
 
       
 
  Name:   MICHAEL W DELPERCIO
 
  Title:   AUTHORIZED SIGNATORY

 

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

 

              Stone Tower CLO III Ltd.     By: Stone Tower Debt Advisors LLC, as
its Collateral     Manager,     as a Lender
 
       
 
  By:   /s/ Michael W Delpercio
 
       
 
  Name:   MICHAEL W DELPERCIO
 
  Title:   AUTHORIZED SIGNATORY

 

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

 

              Stone Tower CLO IV Ltd.     By: Stone Tower Debt Advisors LLC, as
its Collateral     Manager,     as a Lender
 
       
 
  By:   /s/ Michael W Delpercio
 
       
 
  Name:   MICHAEL W DELPERCIO
 
  Title:   AUTHORIZED SIGNATORY

 

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

 

              280 FUNDING I
 
       
 
  By:   /s/ George Fan
 
       
 
  Name:   GEORGE FAN
 
  Title:   AUTHORIZED SIGNATORY

 

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

 

            Satellite Senior Income Fund, II, LLC,
as a Lender
      By:   /s/ Matthew N. DesChamps       Name:   Matthew N. DesChamps      
Title:   Chief Financial Officer  

 

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

 

            EATON VANCE FLOATING-RATE INCOME TRUST
BY: EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR,
as a Lender
      By:   /s/ Michael B. Botthof       Name:   Michael B. Botthof      
Title:   Vice President  

 

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

 

            Goldman Sachs Credit Partners, L.P.
as a Lender
      By:   /s/ Buck Ratchford       Name:   Buck Ratchford       Title:  
Authorized Signatory  

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

 

            280 FUNDING I
as a Lender
      By:   /s/ George Fan       Name:   George Fan       Title:   Authorized
Signatory  

 

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

 

            Hanover Square CLO Ltd.
By: Blackstone Debt Advisors L.P.
As Collateral Manager
as a Lender
      By:   /s/ Dean Criares       Name:   Dean Criares       Title:   Senior
Managing Director  

 

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

 

            STERLING FARMS FUNDING, INC.,
as a Lender
      By:   /s/ M. Cristina Higgins       Name:   M. Cristina Higgins      
Title:   Assistant Vice President  

 

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

 

            Wells Capital Management
for account #16896700
as a Lender
      By:   /s/ Philip Susser       Name:   Philip Susser       Title:  
Managing Director  

 

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

 

            Wells Capital Management
for account # 16959700
as a Lender      
 
    By:   /s/ Philip Susser       Name:   Philip Susser       Title:   Managing
Director