Exhibit 10.12(j)

 

 

FOURTH AMENDMENT TO CERTAIN OPERATIVE AGREEMENTS

 

 

Dated as of June 11, 2002

 

 

among

 

 

SABRE INC.,

as the Construction Agent and as the Lessee,

 

 

WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION

(formerly known as First Security Bank, National Association),

not individually, except as expressly stated herein,

but solely as the Owner Trustee under the TSG Trust 1999-1,

 

 

THE VARIOUS BANKS AND OTHER LENDING INSTITUTIONS WHICH ARE PARTIES
HERETO FROM TIME TO TIME,
as the Holders,

 

 

THE VARIOUS BANKS AND OTHER LENDING INSTITUTIONS WHICH ARE PARTIES
HERETO FROM TIME TO TIME,
as the Lenders,

 

 

and

 

 

BANK OF AMERICA, N.A.,

as the Agent for the Lenders

and respecting the Security Documents,

as the Agent for the Lenders and the Holders,

to the extent of their interests

 

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BANC OF AMERICA SECURITIES LLC,

as Lead Arranger and Sole Book Manager

 

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FOURTH AMENDMENT TO CERTAIN OPERATIVE AGREEMENTS

 

THIS FOURTH AMENDMENT TO CERTAIN OPERATIVE AGREEMENTS dated as of June 11, 2002
(this “Amendment”) is by and among SABRE INC., a Delaware corporation (the
“Lessee” or the “Construction Agent”); WELLS FARGO BANK NORTHWEST, NATIONAL
ASSOCIATION (formerly known as First Security Bank, National Association), a
national banking association, not individually (in its individual capacity, the
“Trust Company”), except as expressly stated in the Participation Agreement
(hereinafter defined), but solely as the Owner Trustee under the TSG Trust
1999-1 (the “Owner Trustee”, the “Borrower” or the “Lessor”); the various banks
and other lending institutions which are parties to the Participation Agreement
from time to time as holders of certificates issued with respect to the TSG
Trust 1999-1 (subject to the definition of Holders in Appendix A to the
Participation Agreement, individually, a “Holder” and collectively, the
“Holders”); the various banks and other lending institutions which are parties
to the Participation Agreement from time to time as lenders (subject to the
definition of Lenders in Appendix A to the Participation Agreement,
individually, a “Lender” and collectively, the “Lenders”); and BANK OF AMERICA,
N.A., a national banking association, as the agent for the Lenders and
respecting the Security Documents, as the agent for the Lenders and the Holders,
to the extent of their interests (in such capacity, the “Agent”).

 

Capitalized terms used but not otherwise defined in this Amendment shall have
the meanings set forth in Appendix A to the Participation Agreement dated as of
September 14, 1999, by and among the Lessee, the Construction Agent, the Owner
Trustee, the Holders which were parties thereto, the Lenders which were parties
thereto and the Agent (as amended by that certain First Amendment and
Restatement of Operative Agreements dated as of December 15, 1999, as further
amended by that certain Second Amendment to Certain Operative Agreements dated
as of October 4, 2000 and as further amended by that certain Third Amendment to
Certain Operative Agreements dated as of March 11, 2002, each of which was by
and among the Lessee, the Construction Agent, the Owner Trustee, the Holders
which were parties thereto, the Lenders which were parties thereto and the Agent
and as hereinafter amended, modified, extended, supplemented, restated and/or
replaced from time to time, the “Participation Agreement”).

 

R E C I T A L S

 

WHEREAS, the parties to this Amendment are parties to the Participation
Agreement and certain of the parties to this Amendment are parties to the other
Operative Agreements relating to a $310 million lease facility (the “Facility”)
that has been established in favor of the Lessee;

 

WHEREAS, the parties to this Amendment have agreed to modify the Participation
Agreement on the terms and conditions set forth herein;

 

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A G R E E M E N T

 

NOW, THEREFORE, IN CONSIDERATION of the premises and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto agree as follows:

 

1.                                       The definition of “Construction Period
Termination Date” in Appendix A to the Participation Agreement is hereby amended
by deleting the reference therein to “June 12, 2002” and replacing such
reference with “June 14, 2002”.

 

2.                                       Upon execution and delivery of this
Amendment by all parties to this Amendment referenced on the signature pages
hereto, this Amendment shall be effective as of June 11, 2002.

 

3.                                       Within ten (10) days of any receipt
from the Agent of any requested documentation, the Lessee shall promptly cause
to be executed, acknowledged or delivered all such further conveyances and
documents as the Agent may reasonably request in order to carry out and
effectuate the intent and purposes of this Amendment, the other Operative
Agreements and the transactions contemplated hereby and thereby (including,
without limitation, the preparation, execution and filing of Mortgage
Instruments and other filings or registrations which the Agent hereto may from
time to time request to be filed or effected).

 

4.                                       The parties hereto agree that,
notwithstanding any heading or title to this Amendment, all of the terms and
provisions of the Operative Agreements (including Schedules and Exhibits
thereto) shall remain in full force and effect except as modified by this
Amendment.  All references in any Operative Agreement to the Operative
Agreements shall henceforth include references to the Operative Agreements, as
modified and amended by this Amendment, and as may, from time to time, be
further amended or modified in accordance with the terms thereof.

 

5.                                       The Borrower and the Lessee, as
applicable, affirm the liens and security interests created and granted in the
Security Documents and in any other Operative Agreement and agree that this
Amendment shall in no manner adversely affect or impair such liens and security
interests.

 

6.                                       The Lessee agrees to pay (or to cause
to be paid) all reasonable costs and expenses of the Agent in connection with
the preparation, execution and delivery of this Amendment, including, without
limitation, the reasonable fees and expenses of Moore & Van Allen, PLLC.

 

7.                                       This Amendment may be executed in any
number of counterparts, each of which when so executed and delivered shall be
deemed an original, and it shall not be necessary in making proof of this
Amendment to produce or account for more than one such counterpart.

 

8.                                       THIS AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED,
INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS.

 

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[Remainder of Page Intentionally Left Blank]

 

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed by their respective officers thereunto duly authorized as of the day
and year first above written.

 

 

CONSTRUCTION AGENT AND LESSEE:

SABRE INC., as the Construction Agent and as the Lessee

 

 

 

 

 

By:

/s/ Jeffery M. Jackson

 

 

Name:

Jeffery M. Jackson

 

 

Title:

EVP & CFO

 

 

 

 

 

 

[signatures pages continue]

 

 

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OWNER TRUSTEE AND LESSOR:

WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION (formerly known as First
Security Bank, National Association), not individually, except as expressly
stated herein, but solely as the Owner Trustee under the TSG Trust 1999-1

 

 

 

 

 

By:

/s/ Val T. Orton

 

 

Name:

Val T. Orton

 

 

Title:

Vice President

 

 

 

 

 

 

 

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AGENT AND LENDERS:

BANK OF AMERICA, N.A., as a Lender and as the Agent

 

 

 

 

 

By:

/s/ B. Kenneth Burton, Jr.

 

 

Name:

B. Kenneth Burton, Jr.

 

 

Title:

Vice President

 

 

 

 

 

 

 

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CITIBANK, N.A., as a Lender

 

 

 

 

 

By:

/s/ Gaylord C. Holmes

 

 

Name:

Gaylord C. Holmes

 

 

Title:

Director

 

 

 

 

 

 

 

7

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FIRST UNION NATIONAL BANK, as a Lender

 

 

 

 

 

By:

/s/ Laura B. Smith

 

 

Name:

Laura B. Smith

 

 

Title:

Vice President

 

 

 

 

 

 

 

8

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BANCA COMMERCIALE ITALIANA - LOS ANGELES FOREIGN BRANCH, as a Lender

 

 

 

 

 

By:

/s/ Jack Dickerhof

 

 

Name:

Jack Dickerhof

 

 

Title:

VP

 

 

 

 

 

 

 

 

By:

/s/ Frank Maffei

 

 

Name:

Frank Maffei

 

 

Title:

VP

 

 

 

 

 

 

 

9

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JPMORGAN CHASE BANK (formerly known as Morgan Guaranty Trust Company of New
York), as a Lender

 

 

 

 

 

By:

/s/ Mae Reeves

 

 

Name:

Mae Reeves

 

 

Title:

Vice President

 

 

 

 

 

 

 

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SUNTRUST BANK, ATLANTA, as a Lender

 

 

 

 

 

By:

/s/ W. John Wendler

 

 

Name:

W. John Wendler

 

 

Title:

Director

 

 

 

 

 

 

 

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THE BANK OF NEW YORK, as a Lender

 

 

 

 

 

By:

/s/ David Sunderwirth

 

 

Name:

David Sunderwirth

 

 

Title:

Vice President

 

 

 

 

 

 

 

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WELLS FARGO BANK (TEXAS), N.A., as a Lender

 

 

 

 

 

By:

/s/ Brent Bertino

 

 

Name:

Brent Bertino

 

 

Title:

Vice President

 

 

 

 

 

 

 

13

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KBC BANK N.V., as a Lender

 

 

 

 

 

By:

/s/ Robert Snauffer

 

 

Name:

Robert Snauffer

 

 

Title:

First Vice President

 

 

 

 

 

 

 

 

By:

/s/ Eric Raskin

 

 

Name:

Eric Raskin

 

 

Title:

Vice President

 

 

 

 

 

 

 

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HOLDERS:

BANK OF AMERICA, N.A., as a Holder

 

 

 

 

 

By:

/s/ B. Kenneth Burton, Jr.

 

 

Name:

B. Kenneth Burton, Jr.

 

 

Title:

Vice President

 

 

 

 

 

 

 

15

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CITICORP DEL-LEASE INC., as a Holder

 

 

 

 

 

By:

/s/ Edward S. Mundy

 

 

Name:

Edward S. Mundy

 

 

Title:

Vice President

 

 

 

 

 

 

 

16

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WACHOVIA BANK NATIONAL ASS'N.
as successor in interst to
FIRST UNION NATIONAL BANK, as a Holder

 

 

 

 

 

By:

/s/ Laura B. Smith

 

 

Name:

Laura B. Smith

 

 

Title:

Vice President

 

 

 

 

 

 

 

17

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IntesaiBai, Los Angeles Foreign Branch,
as successor to BANCA COMMERCIALE ITALIANA - LOS ANGELES FOREIGN BRANCH, as a
Holder

 

 

 

 

 

By:

/s/ Jack Dickerhof

 

 

Name:

Jack Dickerhof

 

 

Title:

VP

 

 

 

 

 

 

 

 

By:

/s/ Frank Maffei

 

 

Name:

Frank Maffei

 

 

Title:

VP

 

 

 

 

 

 

 

18

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JPMORGAN CHASE BANK (formerly known as Morgan Guaranty Trust Company of New
York), as a Holder

 

 

 

 

 

By:

/s/ Mae Reeves

 

 

Name:

Mae Reeves

 

 

Title:

Vice President

 

 

 

 

 

 

 

19

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SUNTRUST BANK, ATLANTA, as a Holder

 

 

 

 

 

By:

/s/ W. John Wendler

 

 

Name:

W. John Wendler

 

 

Title:

Director

 

 

 

 

 

 

 

20

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THE BANK OF NEW YORK, as a Holder

 

 

 

 

 

By:

/s/ David Sunderwirth

 

 

Name:

David Sunderwirth

 

 

Title:

Vice President

 

 

 

 

 

 

 

21

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WELLS FARGO BANK (TEXAS), N.A., as a Holder

 

 

 

 

 

By:

/s/ Brent Bertino

 

 

Name:

Brent Bertino

 

 

Title:

Vice President

 

 

 

 

 

 

[signatures pages end]

 

 

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