Exhibit 10.29

 

EXECUTION VERSION

 

FIRST LIEN INDENTURE JOINDER — CASH FLOW INTERCREDITOR AGREEMENT

 

JOINDER, dated as of December 4, 2014, among Bank of America, N.A., in its
capacity as collateral agent (together with its successors and assigns in such
capacity from time to time, and as further defined in the Intercreditor
Agreement, the “Term Agent”) for the Term Creditors, Wilmington Trust, National
Association, in its capacity as collateral agent (together with its successors
and assigns in such capacity from time to time, and as further defined in the
Intercreditor Agreement, the “First Lien Note Agent”) for the First Lien
Noteholder Secured Parties, Wilmington Trust, National Association, in its
capacity as collateral agent (together with its successors and assigns in such
capacity from time to time, and as further defined in the Intercreditor
Agreement, the “Second Lien Note Agent”) for the Second Lien Noteholder Secured
Parties, and Wilmington Trust, National Association, in its capacity as
collateral agent for the Joining First Lien Noteholder Secured Parties (as
defined herein) and any successors or assigns thereof, to the Cash Flow
Intercreditor Agreement dated as of April 12, 2012 (as amended, supplemented,
waived or otherwise modified from time to time, the “Intercreditor Agreement”)
among the Term Agent, the First Lien Note Agent and the Second Lien Note Agent. 
Capitalized terms used herein and not otherwise defined herein shall have the
meaning specified in the Intercreditor Agreement.

 

Reference is made to that certain Indenture, dated as of December 4, 2014 (the
“Joining First Lien Indenture”), among the Company, the Subsidiary Guarantors
(as defined in the Joining First Lien Indenture) party thereto, Wilmington
Trust, National Association, as trustee thereunder (the “Trustee”) and
Wilmington Trust, National Association (the “Joining First Lien Note Agent”), as
collateral agent for the Holders (as defined in the Joining First Lien
Indenture), the Trustee and the other secured parties under the Joining First
Lien Indenture and the Note Security Documents (as defined in the Joining First
Lien Indenture) (such Holders, Trustee and other secured parties, the “Joining
First Lien Noteholder Secured Parties”).

 

The Joining First Lien Note Agent, for itself and on behalf of the Joining First
Lien Noteholder Secured Parties, hereby agrees with the Company and the other
Grantors, the First Lien Note Agent and any other Additional Agent party to the
Intercreditor Agreement as follows:

 

Section 1.  Agreement to be Bound.  The Joining First Lien Note Agent, for
itself and on behalf of the Joining First Lien Noteholder Secured Parties,
hereby agrees to be bound by the terms and provisions of the Intercreditor
Agreement and shall, as of the date hereof, be deemed to be a party to the
Intercreditor Agreement as the First Lien Note Agent.  As of the date hereof,
the Joining First Lien Indenture shall be deemed the First Lien Indenture under
the Intercreditor Agreement, and the obligations thereunder are subject to the
terms and provisions of the Intercreditor Agreement.

 

Section 2.  Notices.  Notices and other communications provided for under the
Intercreditor Agreement to be provided to the Joining First Lien Note Agent
shall be sent to the address set forth on Annex 1 attached hereto (until notice
of a change thereof is delivered as provided in Section 7.5 of the Intercreditor
Agreement).

 

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Section 3.  Miscellaneous.  THIS JOINDER SHALL BE CONSTRUED AND ENFORCED IN
ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK WITHOUT
REFERENCE TO ITS CONFLICT OF LAWS PRINCIPLES TO THE EXTENT THAT THE SAME ARE NOT
MANDATORILY APPLICABLE BY STATUTE AND WOULD PERMIT OR REQUIRE THE APPLICATION OF
LAWS OF ANOTHER JURISDICTION.

 

[Signature pages follow]

 

2

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IN WITNESS WHEREOF, the Term Agent, for and on behalf of itself and the Term
Creditors, the First Lien Note Agent, for and on behalf of itself and the First
Lien Noteholder Secured Parties, the Second Lien Note Agent, for and on behalf
of itself and the Second Lien Noteholder Secured Parties and the Joining First
Lien Note Agent, for and on behalf of itself and the Joining First Lien
Noteholder Secured Parties, have caused this Joinder to be duly executed and
delivered as of the date first above written.

 

 

BANK OF AMERICA, N.A.,

 

as Term Agent

 

 

 

 

 

By:

/s/ Justin Neubauer

 

 

Name: Justin Neubauer

 

 

Title: Director

 

[Signature Page to First Lien Indenture Joinder — Cash Flow Intercreditor
Agreement]

 

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WILMINGTON TRUST, NATIONAL ASSOCIATION,

 

as First Lien Note Agent

 

 

 

 

 

By:

/s/ Lynn M. Steiner

 

 

Name: Lynn M. Steiner

 

 

Title: Vice President

 

 

 

 

 

WILMINGTON TRUST, NATIONAL ASSOCIATION,

 

as Second Lien Note Agent

 

 

 

 

 

By:

/s/ Lynn M. Steiner

 

 

Name: Lynn M. Steiner

 

 

Title: Vice President

 

 

 

 

 

WILMINGTON TRUST, NATIONAL ASSOCIATION,

 

as Joining First Lien Note Agent

 

 

 

 

 

By:

/s/ Lynn M. Steiner

 

 

Name: Lynn M. Steiner

 

 

Title: Vice President

 

[Signature Page to First Lien Indenture Joinder — Cash Flow Intercreditor
Agreement]

 

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ANNEX 1

 

Wilmington Trust, National Association

50 S. 6th Street, Suite 1290

Minneapolis, Minnesota 55402

Attention: HD Supply Account Manager

Facsimile: (612) 217-5651

Telephone: (612) 217-5667

 

Annex 1 - 1

 

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