EXHIBIT 10.9

FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT

THIS FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT is dated as of March 28, 2011
(this “Amendment”) by and among AboveNet, Inc., a Delaware corporation
(“AboveNet”), AboveNet Communications, Inc., a Delaware corporation (“ACI”),
AboveNet of Utah, L.L.C., a Delaware limited liability company (“AboveNet
Utah”), AboveNet of VA, L.L.C., a Virginia limited liability company (“AboveNet
Virginia”), AboveNet International, Inc., a Delaware corporation
(“International”; International, AboveNet Virginia, AboveNet Utah, ACI and
AboveNet are collectively referred to herein as the “Borrowers”, and each
individually, as a “Borrower”), the Lenders party hereto (the “Lenders”) and
SUNTRUST BANK, in its capacity as administrative agent for the Lenders (the
“Administrative Agent”), as issuing bank (the “Issuing Bank”) and as swingline
lender (the “Swingline Lender”).

WHEREAS, the Borrowers, the Lenders and the Administrative Agent are parties to
that certain Revolving Credit Agreement dated as of January 28, 2011 (the
“Credit Agreement”);

WHEREAS, the Borrowers have requested an amendment to Section 5.11(b) of the
Credit Agreement in order to extend the time period for delivery of a certain
post-closing item; and

WHEREAS, the Borrowers, the Lenders and the Administrative Agent desire to amend
Section 5.11(b) of the Credit Agreement on the terms and conditions contained
herein.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged by the parties hereto, the parties hereto
hereby agree as follows:

Section 1.  Specific Amendment.

Section 5.11(b) of the Credit Agreement is hereby amended by adding the
following at the end of such subsection (b):

Notwithstanding the foregoing, the Borrowers shall have until April 30, 2011 (or
such later date as the Administrative Agent may agree in its sole discretion) in
which to deliver a certificate of good standing from the Secretary of State of
South Carolina with respect to ACI’s qualification to transact business as a
foreign corporation in such jurisdiction.

Section 2.  Payment of Fees and Expenses.  Each Borrower agrees to pay or
reimburse the Administrative Agent for its reasonable out-of-pocket fees, costs
and expenses incurred in connection with the preparation, negotiation, execution
and delivery of this Amendment and the other documents and agreements executed
and delivered in connection herewith.

Section 3.  Conditions Precedent.  The effectiveness of this Amendment is
subject to the Administrative Agent having received a counterpart of this
Amendment duly executed by each Borrower, the Required Lenders and the
Administrative Agent.

 
 
 

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Section 4.  Representations.  Each Borrower represents and warrants to the
Administrative Agent and the Lenders that:

(a)  Authorization.  Each Borrower has the right and power, and has taken all
necessary action to authorize it, to execute and deliver this Amendment and to
perform its respective obligations hereunder and under the Credit Agreement, as
amended by this Amendment, and the other Loan Documents to which it is a party
in accordance with their respective terms.  This Amendment has been duly
executed and delivered by a duly authorized officer of each Borrower and each of
this Amendment and the Credit Agreement, as amended by this Amendment, is a
legal, valid and binding obligation of each Borrower enforceable against each
Borrower in accordance with its respective terms, except as may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws
affecting the enforcement of creditors’ rights generally and by general
principles of equity.

(b) Compliance with Laws.  The execution, delivery and performance by, and the
enforcement against, the Borrowers of this Amendment and the performance by each
Borrower of this Amendment and Credit Agreement, as amended by this Amendment,
in accordance with their respective terms, (a) do not require any consent or
approval of, registration or filing with, or any action by, any Governmental
Authority or any other Person, except those as have been obtained or made and
are in full force and effect, (b) will not violate any Requirements of Law
applicable to the Borrowers or any of their Subsidiaries or any judgment, order
or ruling of any Governmental Authority, (c) will not result in the creation or
imposition of any Lien on any asset of the Borrowers or any of their
Subsidiaries, except Liens (if any) created under the Loan Documents or (d) will
not result in a material limitation on any licenses, permits or other
Governmental Approvals applicable to the business, operations or properties of
any Borrower.

(c) Reaffirmation.  As of the date of this Amendment and immediately after
giving effect to this Amendment, all representations and warranties of each
Borrower set forth in the Loan Documents are true and correct in all material
respects (except to the extent that any such representation or warranty
expressly relates to a specified earlier date, in which case such representation
or warranty shall be true and correct as of such earlier date).

(d)  No Impairment of Liens.  The execution, delivery, performance and
effectiveness of this Amendment will not: (a) impair the validity, effectiveness
or priority of the Liens granted pursuant to any Loan Document, and such Liens
continue unimpaired with the same priority to secure repayment of all of the
applicable Obligations, whether heretofore or hereafter incurred, or (b) require
that any new filings be made or other action taken to perfect or to maintain the
perfection of such Liens.

(e) No Default.  As of the date hereof and immediately after giving effect to
this Amendment, no Default or Event of Default shall exist.

 
 
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Section 5.  Release.  In consideration of the amendments contained herein, each
Borrower hereby waives and releases each of the Lenders and the Administrative
Agent from any and all claims and defenses, known or unknown as of the date
hereof, with respect to the Credit Agreement and the other Loan Documents and
the transactions contemplated thereby.

Section 6.  Effect; Ratification.

(a)           Except as expressly herein amended, the terms and conditions of
the Credit Agreement and the other Loan Documents remain unchanged and continue
to be in full force and effect.  The amendments contained herein shall be deemed
to have prospective application only, unless otherwise specifically stated
herein.  The Credit Agreement is hereby ratified and confirmed in all
respects.  Each reference to the Credit Agreement in any of the Loan Documents
(including the Credit Agreement) shall be deemed to be a reference to the Credit
Agreement, as amended by this Amendment.

(b)           Nothing contained herein shall be deemed to constitute a waiver of
compliance with any term or condition contained in the Credit Agreement or any
of the other Loan Documents, or constitute a course of conduct or dealing among
the parties.  The Administrative Agent and the Lenders reserve all rights,
privileges and remedies under the Loan Documents.

(c)           Nothing in this Amendment is intended, or shall be construed, to
constitute a novation or an accord and satisfaction of any of the Obligations or
to modify, affect or impair the perfection, priority or continuation of the
security interests in, security titles to or other Liens on any collateral
(including the Collateral) securing the Obligations.

(d)           This Amendment constitutes the entire agreement and understanding
among the parties hereto with respect to the subject matter hereof and
supersedes any and all prior agreements and understandings, oral or written,
relating to the subject matter hereof.

(e)           This Amendment may be executed in any number of counterparts and
by different parties hereto on separate counterparts, each of which when so
executed and delivered shall be deemed to be an original, but all of which when
taken together shall constitute a single instrument.  Delivery of an executed
counterpart of a signature page of this Amendment by facsimile transmission or
by email in Adobe “.pdf” format shall be effective as delivery of a manually
executed counterpart hereof.

Section 7.  Further Assurances.  The Borrower agrees to take all further actions
and execute such other documents and instruments as the Administrative Agent may
from time to time reasonably request to carry out the transactions contemplated
by this Amendment, the Loan Documents and all other agreements executed and
delivered in connection herewith.

Section 8.  Miscellaneous.  THIS AMENDMENT WILL BE DEEMED TO BE A CONTRACT MADE
UNDER AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK (INCLUDING FOR SUCH
PURPOSES SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW BUT
EXCLUDING ALL OTHER CHOICE OF LAW AND CONFLICT OF LAW RULES).  This Amendment
shall be binding upon and shall inure to the benefit of the parties hereto and
their respective permitted successors and assigns.

 
 
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Section 9.  Severability.  In case any provision of or obligation under this
Amendment 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.

Section 10.  Definitions.  All capitalized terms not otherwise defined herein
are used herein with the respective definitions given them in the Credit
Agreement.

[Signature Pages Follow]
 
 
 
 
 
 
 
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IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to
Revolving Credit Agreement to be duly executed by their respective authorized
officers as of the day and year first above written.

BORROWERS:
 
ABOVENET, INC.
       
By:
/s/ Robert Sokota
  Name: Robert Sokota   Title: Senior Vice President, General Counsel and
Secretary

ABOVENET COMMUNICATIONS, INC.
       
By:
/s/ Robert Sokota
  Name: Robert Sokota   Title: Senior Vice President, General Counsel and
Secretary

ABOVENET OF UTAH, L.L.C.
       
By:
/s/ Robert Sokota
  Name: Robert Sokota   Title: Senior Vice President, General Counsel and
Secretary

ABOVENET OF VA, L.L.C.
       
By:
/s/ Robert Sokota
  Name: Robert Sokota   Title: Senior Vice President, General Counsel and
Secretary

ABOVENET INTERNATIONAL, INC.
       
By:
/s/ Robert Sokota
  Name: Robert Sokota   Title: Senior Vice President, General Counsel and
Secretary

 
 

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LENDER:
 
SUNTRUST BANK
as Administrative Agent, as Issuing Bank, as
Swingline Lender and as a Lender
       
By:
/s/ Brian Guffin
  Name: Brian Guffin   Title: Vice President

 
 
 
 
 

 
 
 

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JPMORGAN CHASE BANK, N.A.
as a Lender
       
By:
/s/ Ann B. Kerns
  Name: Ann B. Kerns   Title: Vice President

 
 
 
 
 

 
 
 

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ROYAL BANK OF CANADA
as a Lender
       
By:
/s/ Mark S. Gronich
  Name: Mark S. Gronich   Title: Authorized Signatory

 
 
 
 
 

 
 
 

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RBC BANK (USA)
as a Lender
       
By:
/s/ Andy Fitzpatrick
  Name: Andy Fitzpatrick   Title: Senior Vice President

 
 

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WELLS FARGO BANK, NATIONAL
ASSOCIATION
as a Lender
       
By:
/s/ John J. Mulvey
  Name: John J. Mulvey   Title: Senior Vice President

 
 
 
 
 

 
 
 

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DEUTSCHE BANK TRUST COMPANY
AMERICAS
as a Lender
       
By:
/s/ Anca Trifan
  Name: Anca Trifan   Title: Managing Director

DEUTSCHE BANK TRUST COMPANY
AMERICAS
as a Lender
       
By:
/s/ Dusan Lazarov
  Name: Dusan Lazarov   Title: Director

 
 
 
 
 

 
 
 

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SOVEREIGN BANK
as a Lender
       
By:
/s/ Jorge Schwarz
  Name: Jorge Schwarz   Title: Senior Vice President

 
 
 
 
 

 
 
 

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LAND BANK OF TAIWAN, NEW YORK
BRANCH
as a Lender
       
By:
/s/ Henry Leu
  Name: Henry Leu   Title: SVP & General Manager

 
 
 
 
 

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