<PAGE>   1
                                                                     EXHIBIT 4.9

                               SECOND AMENDMENT TO
                         THE FIFTH AMENDED AND RESTATED
                    REVOLVING CREDIT AND TERM LOAN AGREEMENT

         This Second Amendment (the "Amendment"), dated as of August 10, 2001,
is among NATIONSRENT, INC., a Delaware corporation (the "Parent"), and its
Subsidiaries (collectively with the Parent, the "Borrowers"), the lending
institutions listed on the signature pages hereto (collectively, the "Lenders"),
FLEET NATIONAL BANK, as administrative agent for the Lenders (the
"Administrative Agent"), BANKERS TRUST COMPANY, as syndication agent for the
Lenders (the "Syndication Agent"), and THE BANK OF NOVA SCOTIA, as documentation
agent for the Lenders (the "Documentation Agent"). Capitalized terms used herein
unless otherwise defined herein shall have the respective meanings set forth in
the Credit Agreement (as hereinafter defined).

         WHEREAS, the Borrowers, the Lenders, the Administrative Agent, the
Syndication Agent and the Documentation Agent are parties to that certain Fifth
Amended and Restated Revolving Credit and Term Loan Agreement, dated as of
August 2, 2000 (as amended by that certain First Amendment to Fifth Amended and
Restated Revolving Credit and Term Loan Agreement, dated as of March 14, 2001,
and as the same may be further amended restated, modified, or supplemented and
in effect from time to time, the "Credit Agreement"); and

         WHEREAS, the Borrowers have requested that the Lenders agree, and the
Lenders have agreed, on the terms and subject to the conditions set forth
herein, to make certain changes to the Credit Agreement;

         NOW, THEREFORE, in consideration of the premises contained herein, and
for other good and valuable consideration, the receipt and sufficiency of which
are acknowledged, the parties hereto agree as follows:

         1. AMENDMENT TO SECTION 2.1. Section 2.1 of the Credit Agreement is
hereby amended by deleting the proviso beginning with the text ""; PROVIDED
FURTHER that, until delivery" appearing in the first sentence thereof in its
entirety and replacing it with the following new proviso:

         "; PROVIDED FURTHER that, until delivery of financial statements for
         the fiscal quarter ending March 31, 2002 showing compliance with all
         financial covenants contained in Section 9 hereof as amended, the
         outstanding amount of Revolving Credit Loans (after giving effect to
         all amounts requested), Swing Line Loans, unpaid Reimbursement
         Obligations and the Maximum Drawing Amount shall not exceed a maximum
         aggregate amount outstanding of (a) $346,000,000 at any time on or
         after the First Amendment Effective Date through March 31, 2001, (b)
         $378,000,000 at any time on or after April 1, 2001 through June 30,
         2001, (c) $404,000,000 at any time on or after July 1, 2001 through
         August 10, 2001, (d) $390,000,000 at any time on or after August 11,
         2001 through August 31, 2001, (e) $375,000,000 at any time on or after
         September 1, 2001 through September 29, 2001, (f) $365,000,000 at any
         time on or after September 30, 2001 through December 30, 2001, and (g)
         $364,000,000 at any time on or after December 31, 2001 through the date
         the Administrative Agent receives financial statements for the fiscal
         quarter ending

<PAGE>   2
                                       2


         March 31, 2002 showing compliance with all financial covenants
         contained in Section 9 hereof (such borrowing limits collectively
         referred to as the "Revolver Caps"); PROVIDED FURTHER that the
         Commitment Fee shall be payable on the Total Commitment, regardless of
         any Revolver Cap."

         2. AMENDMENT TO SECTION 2.4. Section 2.4 of the Credit Agreement is
hereby amended by deleting the second sentence of Section 2.4 in its entirety
and replacing it with the following new sentence:

                  "The Borrowers jointly and severally promise to pay interest
         on each Revolving Credit Loan and Swing Line Loan (i) until and
         including the date the Administrative Agent receives financial
         statements for the fiscal quarter ending March 31, 2002 showing
         compliance with all financial covenants contained in Section 9 hereof,
         (A) monthly in arrears on the first Business Day of each calendar month
         for the immediately preceding calendar month, commencing September 1,
         2001, on Base Rate Loans, and (B) the last Business Day of the
         applicable Interest Period, and if such Interest Period is longer than
         one (1) month, on each Business Day that is one (1) month from the
         prior payment date, on Eurodollar Loans; (ii) following the date the
         Administrative Agent receives financial statements for the fiscal
         quarter ending March 31, 2002 showing compliance with all financial
         covenants contained in Section 9 hereof (the "Reversion Date"), (A)
         quarterly in arrears on the first Business Day of each calendar quarter
         for the immediately preceding calendar quarter, commencing on the first
         Business Day of the calendar quarter following the Reversion Date, on
         Base Rate Loans, and (B) the last Business Day of the applicable
         Interest Period, and if such Interest Period is longer than three (3)
         months, also on the Business Day which is three (3) months and, if
         applicable, six (6) months and nine (9) months, after the commencement
         of such Interest Period, on Eurodollar Loans; and (iii) on the
         Revolving Credit Maturity Date for all Revolving Credit Loans and Swing
         Line Loans."

         3. AMENDMENT TO SECTION 4.6.1. Section 4.6.1 of the Credit Agreement is
hereby amended by deleting the second sentence of thereof in its entirety and
replacing it with the following new sentence:

                  "The Borrowers jointly and severally promise to pay interest
         on the Term Loan (x) until and including the date the Administrative
         Agent receives financial statements for the fiscal quarter ending March
         31, 2002 showing compliance with all financial covenants contained in
         Section 9 hereof, (i) monthly in arrears on the first Business Day of
         each calendar month for the immediately preceding calendar month,
         commencing September 1, 2001, on Base Rate Loans, and (ii) on the last
         Business Day of the applicable Interest Period, and if such Interest
         Period is longer than one (1) month, on each Business Day that is one
         (1) month from the prior payment date, on Eurodollar Loans; (y)
         following the date the Administrative Agent receives financial
         statements for the fiscal quarter ending March 31, 2002 showing
         compliance with all financial covenants contained in Section 9 hereof
         (the "Reversion Date"), (i) quarterly in arrears on the first Business
         Day of each calendar quarter for the immediately preceding calendar
         quarter, commencing on the first Business Day of the calendar quarter
         following the Reversion Date, on Base Rate Loans, and (ii) on the last
         Business Day of the applicable Interest Period, and if such Interest
         Period is longer than three (3) months, also on the Business Day which
         is three (3) months
<PAGE>   3
                                       3


         and, if applicable, six (6) months and nine (9) months, after the
         commencement of such Interest Period, on Eurodollar Loans; and (z) in
         any event, on the Term Loan Maturity Date."

         4. AMENDMENT TO SECTION 4A(a). Section 4A(a) of the Credit Agreement is
hereby amended by deleting the date "December 31, 2001" therein and replacing it
with the date "December 1, 2001."

         5. AMENDMENT TO SECTION 9.3. Section 9.3 of the Credit Agreement is
hereby amended by deleting the table therein in its entirety and restating it as
follows:


        FISCAL QUARTERS ENDING                   MINIMUM RATIO
        ----------------------                   -------------

               3/31/01                               1.35:1
          6/30/01 - 9/30/01                          1.25:1
               12/31/01                              1.40:1
          3/31/02 - 12/31/02                         2.00:1
        3/31/03 and thereafter                       2.25:1


         6. AMENDMENT TO SECTION 9.5. Section 9.5 of the Credit Agreement is
hereby amended by deleting Section 9.5 in its entirety and restating it as
follows:

                  "SECTION 9.5 CONSOLIDATED NET WORTH. At any time on or after
         the First Amendment Effective Date, the Borrowers will not permit
         Consolidated Net Worth at any time to be less than $395,000,000 PLUS
         the sum of (a) 50% of positive Consolidated Net Income for each fiscal
         quarter, beginning with the fiscal quarter ended September 30, 2001,
         and (b) 100% of the Net Cash Proceeds of any sale on or after the First
         Amendment Effective Date, of (i) equity securities issued by the
         Borrowers or (ii) warrants or subscription rights for equity securities
         issued by the Borrowers."

         7. AMENDMENT FEE. Upon the receipt by the Administrative Agent of
counterparts of this Amendment executed by the Majority Lenders and the
Borrowers, each Lender which executed and delivered its signature pages to
Bingham Dana, counsel to the Agents, by 5:00 p.m. Boston time on August 10, 2001
by facsimile (to be followed by originals), shall receive from the Parent an
amendment fee payable to such Lender for its own account equal to 0.125% of such
Lender's Commitment and/or outstanding principal balance of its Term Loan, as
applicable.

         8. CONDITIONS TO EFFECTIVENESS. This Amendment shall become effective
upon (a) the receipt by the Administrative Agent of counterparts of this
Amendment executed by the Majority Lenders and the Borrowers; and (b) the
payment of all fees due to each Lender hereunder.

         9. REPRESENTATIONS AND WARRANTIES. Each Borrower hereby represents and
warrants to the Lenders as follows:

                  9.1 The representations and warranties of such Borrower
         contained in the Credit Agreement, as amended hereby, the other Loan
         Documents, or in any document or instrument delivered pursuant to or in
         connection with the Credit
<PAGE>   4
                                       4


         Agreement were true when made and, as amended hereby, continue to be
         true on the date hereof (except to the extent of changes resulting from
         transactions contemplated or permitted by the Credit Agreement, the
         other Loan Documents and this Amendment and changes occurring in the
         ordinary course of business which singly or in the aggregate are not
         materially adverse, or to the extent that such representations and
         warranties related solely and expressly to an earlier date) and no
         Default or Event of Default shall have occurred and be continuing;

                  9.2 The execution, delivery, and performance by each Borrower
         of this Amendment and the consummation of the transactions contemplated
         hereby: (i) are within the corporate powers of such Borrower; (ii) have
         been duly authorized by all necessary corporate proceedings on the part
         of such Borrower; (iii) do not require any approval, consent of, or
         filing with, any governmental agency or authority, or any other person,
         association or entity, which bears on the validity of this Amendment
         and which is required by law or the regulation or rule of any agency or
         authority, or other person, association or entity; (iv) do not conflict
         with or result in any breach or contravention of any provision of law,
         statute, rule, or regulation to which any Borrower is subject or any
         judgment, order, writ, injunction, license, or permit applicable to
         such Borrower; (v) do not conflict with any provision of the corporate
         charter or bylaws of such Borrower; and (vi) do not conflict with any
         provision of any agreement or other instrument binding upon such
         Borrower in a manner which is reasonably likely to have a material
         adverse effect on the Borrowers taken as a whole; and

                  9.3 This Amendment, the Credit Agreement as amended hereby,
         and the other Loan Documents constitute the legal, valid, and binding
         obligations of each Borrower, enforceable against each Borrower in
         accordance with their respective terms, provided that: (i) enforcement
         may be limited by applicable bankruptcy, insolvency, reorganization,
         moratorium, or similar laws of general application affecting the rights
         and remedies of creditors, and (ii) enforcement may be subject to
         general principles of equity, and the availability of the remedies of
         specific performance and injunctive relief may be subject to the
         discretion of the court before which any proceeding for such remedies
         may be brought.

         10. RATIFICATION. Each of the Borrowers hereby adopts again, ratifies
and confirms in all respects, as its own act and deed, each of the Credit
Agreement, as amended hereby, and the other Loan Documents to which such
Borrower is a party; each of the Borrower hereby adopts again, ratifies and
confirms in all respects, as its own act and deed, the grant of a security
interest under the Security Documents in all of the existing and after-acquired
or arising goods, accounts, chattel paper, investment property, documents,
instruments, general intangibles and other personal property assets in which any
of the Borrower has ownership or other rights, together with any and all Uniform
Commercial Code financing statements and other instruments or documents
previously executed in connection therewith to create, evidence, perfect or
preserve the priority of such security interest in favor of the Administrative
Agent for the benefit of the Lenders and the Administrative Agent. To the extent
that it has not already done so, each Borrower hereby waives all suretyship
defenses of whatsoever nature, whether arising out of the Administrative Agent's
or any Lender's dealings with any other Borrower in respect of the Credit
Agreement, any other Loan Document or otherwise.
<PAGE>   5
                                       5


         11. RELEASE. In order to induce the Agents and the Lenders to enter
into this Amendment, each of the Borrowers acknowledges and agrees that: (a)
none of the Borrowers has any claim or cause of action against the Agents or any
Lender (or any of its respective directors, officers, employees or agents); (b)
none of the Borrowers has any offset right, counterclaim or defense of any kind
against any of their respective obligations, indebtedness or liabilities to the
Agents or any Lender; and (c) each of the Agents and the Lenders has heretofore
properly performed and satisfied in a timely manner all of its obligations to
the Borrowers. The Borrowers wish to eliminate any possibility that any past
conditions, acts, omissions, events, circumstances or matters would impair or
otherwise adversely affect any of the Agents' and the Lenders' rights,
interests, contracts, collateral security or remedies. Therefore, each of the
Borrowers unconditionally releases, waives and forever discharges (x) any and
all liabilities, obligations, duties, promises or indebtedness of any kind of
any Agent or any Lender to any of the Borrowers, except the obligations to be
performed by any Agent or any Lender on or after the date hereof as expressly
stated in this Amendment, the Credit Agreement and the other Loan Documents, and
(y) all claims, offsets, causes of action, suits or defenses of any kind
whatsoever (if any), whether arising at law or in equity, whether known or
unknown, which the Borrowers might otherwise have against any Agent, any Lender
or any of its directors, officers, employees or agents, in either case (x) or
(y), on account of any past or presently existing condition, act, omission,
event, contract, liability, obligation, indebtedness, claim, cause of action,
defense, circumstance or matter of any kind.

         12. EXECUTION IN COUNTERPARTS; DELIVERY BY FACSIMILE. This Amendment
may be executed in any number of counterparts, each of which shall be an
original but all of which together shall constitute one and the same instrument.
This Amendment, to the extent signed and delivered by means of a facsimile
machine, shall be treated in all manner and respects as an original agreement or
instrument and shall be considered to have the same binding legal effect as if
it were the original signed version thereof delivered in person. At the request
of any party hereto or to any such agreement or instrument, each other party
hereto or thereto shall re-execute original forms thereof and deliver them to
all other parties. No party hereto or to any such agreement or instrument shall
raise the use of a facsimile machine to deliver a signature or the fact that any
signature or agreement or instrument was transmitted or communicated through the
use of a facsimile machine as a defense to the formation of a contract and each
party forever waives such defense.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>   6
                                       6


         IN WITNESS WHEREOF, the parties hereto have duly executed and delivered
this Amendment as of the date set forth above.

THE BORROWERS:

NATIONSRENT, INC.
NRGP, INC.
NATIONSRENT USA, INC.
NATIONSRENT WEST, INC.
NATIONSRENT TRANSPORTATION SERVICES, INC.
NR DELAWARE, INC.
LOGAN EQUIPMENT CORP.
NR DEALER, INC.
NR FRANCHISE COMPANY
BDK EQUIPMENT COMPANY, INC.

By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------





NATIONSRENT OF INDIANA, LP

By:      NRGP, Inc., its general partner



By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------





NATIONSRENT OF TEXAS, LP

By:      NRGP, Inc., its general partner



By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------





<PAGE>   7
                                       7


THE LENDERS:

FLEET NATIONAL BANK,
individually and as Administrative Agent

By:
         --------------------------------------------
         Timothy M. Laurion, Managing Director


BANKERS TRUST COMPANY, individually and as Syndication Agent

By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



BANK AUSTRIA CREDITANSTALT CORPORATE FINANCE, INC.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



WASHINGTON MUTUAL BANK, FA (f/k/a Bank United)



By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



BAY VIEW FINANCIAL CORPORATION


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


<PAGE>   8
                                       8


CITICORP DEL-LEASE, INC.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



CREDIT LYONNAIS NEW YORK BRANCH


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



DIME COMMERCIAL CORP.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ERSTE BANK


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



THE FIFTH THIRD BANK, CENTRAL OHIO


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


<PAGE>   9
                                       9


FIRST BANK TEXAS, N.A.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



GENERAL ELECTRIC CAPITAL CORPORATION


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



HAMILTON BANK, N.A.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



HUNTINGTON NATIONAL BANK


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


<PAGE>   10
                                       10








LASALLE BANK NATIONAL ASSOCIATION


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



BANK ONE, N.A.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



THE BANK OF NOVA SCOTIA


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



SUNTRUST BANK


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



UNION BANK OF CALIFORNIA, N.A.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   11
                                       11


UNION PLANTERS BANK


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



CITIZENS BANK OF MASSACHUSETTS AS SUCCESSOR TO USTRUST


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


<PAGE>   12
                                       12


FIRST SOURCE FINANCIAL LLP


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



FIRST UNION NATIONAL BANK


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



FIRST DOMINION FUNDING I


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



FRANKLIN FLOATING RATE TRUST


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   13
                                       13


ARCHIMEDES FUNDING, L.L.C.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ARCHIMEDES FUNDING II, LTD


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ARCHIMEDES FUNDING III, L.L.C.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



MERRILL LYNCH SENIOR FLOATING RATE FUND II, INC.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



MERRILL LYNCH SENIOR FLOATING RATE FUND, INC.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   14
                                       14


MORGAN STANLEY DEAN WITTER PRIME INCOME TRUST


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



PARIBAS CAPITAL FUNDING LLC


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



THE PRUDENTIAL INSURANCE COMPANY OF AMERICA


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ALLSTATE LIFE INSURANCE CO.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   15
                                       15


GREAT POINT CLO 1999-1 LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ARES LEVERAGED INVESTMENT FUND, L.P.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ARES LEVERAGED INVESTMENT FUND II, L.P.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ARES III CLO LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



BANK OF AMERICA, N.A.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   16
                                       16



INDOSUEZ CAPITAL FUNDING IIA LIMITED


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



INDOSUEZ CAPITAL FUNDING III LIMITED


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



INDOSUEZ CAPITAL FUNDING IV LP


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



TORONTO DOMINION (NEW YORK) INC.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



BRANT POINT CBO 1999-1, LTD.

By:  Sankaty Advisors, Inc., As Collateral Manager


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   17
                                       17


FIRSTRUST BANK


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



SEQUILS - ING I (HBDGM), LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



STEIN ROE & FARNHAM CLO1 LTD.,
BY STEIN ROE & FARNHAM INCORPORATED, AS
PORTFOLIO MANAGER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



BNY FACTORING LLC


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



SIMSBURY CLO, LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   18
                                       18


FIRST DOMINION FUNDING III


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



SRF TRADING, INC.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


SWISS LIFE US RAINBOW


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


LONGHORN CDO (CAYMAN) LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   19
                                       19


VAN KAMPEN PRIME RATE INCOME TRUST
BY: VAN KAMPEN INVESTMENT ADVISORY CORP.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

VAN KAMPEN SENIOR INCOME TRUST
BY: VAN KAMPEN INVESTMENT ADVISORY CORP.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

VAN KAMPEN CLO I, LIMITED
BY: VAN KAMPEN MANAGEMENT INC.
AS COLLATERAL MANAGER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

VAN KAMPEN CLO II, LIMITED
BY: VAN KAMPEN MANAGEMENT INC.
AS COLLATERAL MANAGER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

FRANKLIN FLOATING RATE MASTER SERIES


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   20
                                       20


FRANKLIN CLO I, LIMITED


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


SEQUILS I, LTD
BY: TCW ADVISORS, INC. AS ITS COLLATERAL MANAGER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

SEQUILS IV, LTD
BY: TCW ADVISORS, INC. AS ITS COLLATERAL MANAGER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


CAPTIVA II FINANCE LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   21
                                       21

BNP PARIBAS


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


NATIONAL CITY


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


RZB FINANCE LLC


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


KZH CYPRESSTREE-1, LLC


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

CYPRESSTREE INVESTMENT FUND, LLC
BY: CYPRESS INVESTMENT MANAGEMENT COMPANY, INC.
ITS MANAGING MEMBER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   22
                                       22



CYPRESSTREE INSTITUTIONAL FUND, LLC
BY: CYPRESS INVESTMENT MANAGEMENT COMPANY, INC.
ITS MANAGING MEMBER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


NORTH AMERICA SENIOR FLOATING RATE FUND
BY:  CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC.,
AS PORTFOLIO MANAGER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



AMICO CDO SERIES 2000-A


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

NUVEEN SENIOR INCOME FUND


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


FLAGSHIP CLO 2000-1


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   23
                                       23


NEMEAN CLO LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

INDOSUEZ CAPITAL FUNDING VI LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


MORGAN GUARANTY TRUST COMPANY


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


SENIOR DEBT PORTFOLIO


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


BANK MONTREAL


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------


MERRILL LYNCH SENIOR FLOATING RATE FUND INC.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------

<PAGE>   24
                                       24


CYPRESSTREE INVESTMENT PARTNERS I, LTD.
BY: CYPRESSTREE INVESTMENT MANAGEMENT COMPANY, INC.
AS PORTFOLIO MANAGER


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------



ARES IV CLO LTD.


By:
         --------------------------------------------
Name:
         --------------------------------------------
Title:
         --------------------------------------------