Document:

exv10w17

 

Exhibit 10.17

Execution Version

     AMENDMENT NO. 1 dated as of May 10, 2007 (this “Amendment”), amending the
INTERCREDITOR AGREEMENT dated as of August 23, 2006 (the “Intercreditor Agreement”) among
THE CIT GROUP/BUSINESS CREDIT, INC., as Administrative Agent (and together with its successors and
assigns, in such capacity, the “Administrative Agent” or the “First Priority
Agent”), THE BANK OF NEW YORK, as Trustee, Collateral Agent and Second Priority Agent (and
together with its successors and assigns, in such capacities, the “Trustee” or the
“Second Priority Agent”), Broadview Networks Holdings, Inc., a Delaware corporation (the
“Company”), and its Subsidiaries listed on the signature pages hereto (such Subsidiaries,
together with the Company and each of its other Subsidiaries that become parties hereto, the
“Grantors”). Capitalized terms used but not otherwise defined herein shall have the
meanings ascribed to them in the Intercreditor Agreement.

RECITALS

     WHEREAS, the Grantors, the Administrative Agent and the Trustee have entered into the
Intercreditor Agreement in connection with the Credit Agreement and the Indenture;

     WHEREAS, the Company proposes to issue additional Notes in accordance with the provisions of
the Indenture and as permitted by the Indenture and the Credit Agreement;

     WHEREAS, in connection with such issuance, the Grantors have requested an amendment to the
Intercreditor Agreement in order that the provisions of the Intercreditor Agreement shall be
consistent with the provisions of the Indenture and the Credit Agreement in respect of such
additional Notes; and

     WHEREAS, the Administrative Agent and the Trustee are willing, on the terms and subject to the
conditions set forth below, to agree to such amendment of the Intercreditor Agreement (the
Intercreditor Agreement, after giving effect to the amendment contained herein, being referred to
as the “Amended Intercreditor Agreement”);

     NOW, THEREFORE, the undersigned agree as follows:

ARTICLE I.

AMENDMENT TO THE INTERCREDITOR AGREEMENT

     SECTION 1.1. Section 1(a) of the Intercreditor Agreement is amended to change the amount
“$210,000,000” appearing in the definition of the term “Second Priority Claims” in such Section to
the amount “$305,175,000.”

Amendment No1 to the Intercreditor Agreement

 

 

ARTICLE II.

MISCELLANEOUS

     SECTION 2.1. Full Force and Effect; Limited Amendment and Waiver. Except as
expressly modified hereby, all of the representations, warranties, terms, covenants, conditions and
other provisions of the Intercreditor Agreement shall remain unamended and unwaived and shall
continue to be, and shall remain, in full force and effect in accordance with their respective
terms. The amendment set forth herein shall be limited precisely as provided for herein to the
provision expressly amended herein and shall not be deemed to be an amendment to, consent to,
waiver of or modification of any other term or provision of the Intercreditor Agreement or of any
transaction or further or future action which would require the consent of the Administrative Agent
and the Trustee under the Intercreditor Agreement.

     SECTION 2.2. Construction. This Amendment is executed pursuant to the Intercreditor
Agreement and shall be construed, administered and applied in accordance with all of the terms and
provisions of the Amended Intercreditor Agreement.

     SECTION 2.3. Fees and Expenses. The Grantors shall pay all reasonable out-of-pocket
expenses incurred by the Administrative Agent in connection with the preparation, negotiation,
execution and delivery of this Amendment, whether or not this Amendment becomes effective.

     SECTION 2.4. Headings. The various headings of this Amendment are inserted for
convenience only and shall not affect the meaning or interpretation of this Amendment or any
provisions hereof.

     SECTION 2.5. Execution in Counterparts. This Amendment may be executed by the
parties hereto in several counterparts, each of which shall be deemed to be an original and all of
which shall constitute together but one and the same agreement.

     SECTION 2.6. Cross-References. References in this Amendment to any Article or
Section are, unless otherwise specified or otherwise required by the context, to such Article or
Section of this Amendment.

     SECTION 2.7. Successors and Assigns. This Amendment shall be binding upon and inure
to the benefit of the parties hereto and their respective successors and assigns.

     SECTION 2.8. Severability. Any provision of this Amendment held to be invalid,
illegal, ineffective or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such invalidity, illegality, ineffectiveness or unenforceability
without affecting the validity, legality, effectiveness and enforceability of the remaining
provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall
not invalidate such provision in any other jurisdiction.

     SECTION 2.9. GOVERNING LAW. THIS AMENDMENT SHALL BE DEEMED TO BE A CONTRACT MADE
UNDER AND GOVERNED BY THE LAWS OF

 

 

THE STATE OF NEW YORK, INCLUDING, WITHOUT LIMITATION, SECTIONS 5-1401 AND 5-1402 OF THE NEW
YORK GENERAL OBLIGATIONS LAW.

[Signature pages follow.]

 

 

Execution Version

     IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officers to execute
and deliver this Amendment as of the date first above written.

	 	 	 	 	 
	 	FIRST PRIORITY AGENT:

THE CIT GROUP/BUSINESS CREDIT, INC., as First

   Priority Agent

 	 
	 	By:  	/s/ George Louis McKinley
 	 
	 	 	Name:  	George Louis McKinley 	 
	 	 	Title:  	Vice President 	 
	 
	 	Address:

11 West Forty-second Street

New York, New York 10038

Attention: Portfolio Manager

SECOND PRIORITY AGENT:

THE BANK OF NEW YORK, as Trustee, Collateral 

   Agent and Second Priority Agent

 	 
	 	By:  	/s/ Carlos R. Luciano
 	 
	 	 	Name:  	Carlos R. Luciano 	 
	 	 	Title:  	Vice President 	 
	 
	 	Address:

101 Barclay Street, 8W

New York, New York 10286

Facsimile no.: 212 815 5131

Attention: Carlos Luciano

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	GRANTORS:

BROADVIEW NETWORKS HOLDINGS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	CFO and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

BRIDGECOM HOLDINGS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	BRIDGECOM INTERNATIONAL, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

BRIDGECOM SOLUTIONS GROUP, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

 	 
	 	 	 
	 	 	 
	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	BROADVIEW NETWORKS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

BROADVIEW NETWORKS OF MASSACHUSETTS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

 	 
	 	 	 
	 	 	 
	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	BROADVIEW NETWORKS OF VIRGINIA, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

BROADVIEW NP ACQUISITION CORP.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

 	 
	 	 	 
	 	 	 
	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	BV-BC ACQUISITION CORPORATION

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

OPEN SUPPORT SYSTEMS LLC

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

 	 
	 	 	 
	 	 	 
	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	TRUCOM CORPORATION

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

800 Westchester Avenue

5th Floor – Suite N501

Rye Brook, New York 10573

With a copy to:

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Facsimile no.: 212 728 8111

Attention: Cornelius T. Finnegan, III

ATX COMMUNICATIONS, INC. 

 	 
	 	By:  	

/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Chief Financial Officer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CORECOMM-ATX, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	ATX LICENSING, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

ATX TELECOMMUNICATIONS

SERVICES OF VIRGINIA, LLC

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CORECOMM SERVICES, LLC

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	CORECOMM COMMUNICATIONS, LLC

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CORECOMM NEWCO, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	FCC HOLDCO I, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CORECOMM-VOYAGER, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CORECOMM INTERNET GROUP, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	VOYAGER INFORMATION NETWORKS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL ILLINOIS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL INDIANA, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	CCL HISTORICAL MARYLAND, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL MASSACHUSETTS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL MICHIGAN, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	CCL HISTORICAL MISSOURI, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL NEW JERSEY, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL NEW YORK, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	CCL HISTORICAL OHIO, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL PENNSYLVANIA, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL RHODE ISLAND, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	 Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	CCL HISTORICAL VERMONT, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CCL HISTORICAL WEST VIRGINIA, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406

CORTELYOU COMMUNICATIONS CORP.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Secretary and Treasurer 	 
	 
	 	Address:

2100 Renaissance Blvd.

King of Prussia, PA 19406exv10w18

 

Exhibit 10.18

EXECUTION VERSION

          JOINDER AGREEMENT No2, dated as of June 26, 2007 (this “Joinder Agreement”), to the
Intercreditor Agreement dated as of August 23, 2006, as amended on May 10, 2007 and further amended
and restated, amended and supplemented (the “Intercreditor Agreement”) by and among THE CIT
GROUP/BUSINESS CREDIT, INC., as Administrative Agent and Collateral Agent (and together with its
successors and assigns in such capacity, the “Administrative Agent” or the “First
Priority Agent”), THE BANK OF NEW YORK, as Trustee, Collateral Agent and Second Priority Agent
(and together with its successors and assigns in such capacities, the “Trustee” or the
“Second Priority Agent”), BROADVIEW NETWORKS HOLDINGS, INC., a Delaware corporation (the
“Company”), and its Subsidiaries party hereto.

W I T N E S S E T H

     A. Reference is made to the Credit Agreement, dated as of August 23, 2006, among the Company
and several subsidiaries of the Company, the Lenders party thereto and The CIT Group/Business
Credit, Inc. as Administrative Agent and Collateral Agent (as amended, restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”).

     B. On May 31, 2007, the Company acquired the shares of capital stock of Eureka Broadband
Corporation pursuant to a merger agreement among the Company, Eureka Broadband Corporation, its
shareholders and the other parties listed therein. Each of Eureka Broadband Corporation and its
Subsidiaries listed on the signature pages hereto (together the “New Subsidiaries”) has
become (i) a “Guarantor” for purposes of the Credit Agreement and a “Grantor” for purposes of the
Collateral Agreement and (ii) a “Guarantor” for purposes of the Senior Secured Notes Indenture and
a “Grantor” for purposes of the Security Agreement (as that term is defined in such Indenture),
and each of the New Subsidiaries desires to become a party to the Intercreditor Agreement.

     B. Capitalized terms used herein and not otherwise defined herein shall have the meanings
assigned to such terms in the Credit Agreement and the Intercreditor Agreement.

          Accordingly, the First Priority Agent, the Second Priority Agent and the New Subsidiaries
agree as follows:

          SECTION 1. Each New Subsidiary by its signature below joins in the execution of, and becomes a
Grantor under, the Intercreditor Agreement with the same force and effect as if originally named
therein as a Grantor, and each New Subsidiary hereby (a) agrees to all the terms and provisions of
the Intercreditor Agreement applicable to it as a Grantor thereunder and (b) represents and
warrants that any representations and warranties made by it as a Grantor thereunder are true and
correct, in all material respects, on and as of the date hereof. Each reference to a
“Grantor” in the Intercreditor Agreement shall be deemed to include the New Subsidiaries.
The Intercreditor Agreement is hereby incorporated herein by reference.

          SECTION 2. Each New Subsidiary represents and warrants to the First Priority Agent and to the
Second Priority Agent that this Joinder Agreement has been duly authorized, executed and delivered
by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance
with its terms, subject to (i) the effects of bankruptcy, insolvency, moratorium, reorganization,
fraudulent conveyance or other similar laws affecting creditors’ rights generally, (ii) general
principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law)
and (iii) implied covenants of good faith and fair dealing.

 

 

          SECTION 3. This Joinder Agreement may be executed in two or more counterparts (including by
facsimile), each of which shall constitute an original but all of which when taken together shall
constitute but one contract. This Joinder Agreement shall become effective when the First Priority
Agent and the Second Priority Agent shall have received a counterpart hereof that bears the
signatures of the New Subsidiaries.

          SECTION 4. Except as expressly supplemented hereby, the Intercreditor Agreement shall remain
in full force and effect.

          SECTION 5. THIS JOINDER AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER
SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

          SECTION 6. In the event that any one or more of the provisions contained in this Joinder
Agreement should be held invalid, illegal or unenforceable in any respect, the validity, legality
and enforceability of the remaining provisions contained herein and in the Intercreditor Agreement
shall not in any way be affected or impaired thereby.

          SECTION 7. All communications and notices hereunder shall be in writing and given as provided
in the Intercreditor Agreement.

          SECTION 8. The New Subsidiaries agree to reimburse the First Priority Agent and the Second
Priority Agent for their reasonable out-of-pocket expenses in connection with this Joinder
Agreement, including the reasonable fees, disbursements and other charges of counsel for the First
Priority Agent and the Second Priority Agent.

[Remainder of Page Intentionally Left Blank.]

-2-

 

          IN WITNESS WHEREOF, the parties hereto have duly executed this Joinder Agreement No2 as of the
day and year first above written.

	 	 	 	 	 	 	 
	 	 	FIRST PRIORITY AGENT:	 	 
	 
	 	 	 	 	 	 
	 	 	THE CIT GROUP/BUSINESS CREDIT, INC., as First

   Priority Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ George Louis McKinley	 	 
	 

	 	 	 	 

Name: George Louis McKinley
	 	 
	 

	 	 	 	Title: Vice President	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	Address:	 	 
	 

	 	 	 	11 West Forty-second Street	 	 
	 

	 	 	 	New York, New York 10038	 	 
	 

	 	 	 	Attention: Portfolio Manager	 	 
	 
	 	 	 	 	 	 
	 	 	SECOND PRIORITY AGENT:	 	 
	 
	 	 	 	 	 	 
	 	 	THE BANK OF NEW YORK, as Trustee, Collateral

   Agent and Second Priority Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Carlos R. Luciano	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Carlos R. Luciano	 	 
	 

	 	 	 	Title: Vice President	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	Address:	 	 
	 

	 	 	 	101 Barclay Street, 8W	 	 
	 

	 	 	 	New York, New York 10286	 	 
	 

	 	 	 	Facsimile no.:212 815 5131	 	 
	 

	 	 	 	Attention: Carlos Luciano	 	 

 

 

	 	 	 	 	 
	 	NEW GRANTORS: 

EUREKA BROADBAND CORPORATION

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	EUREKA HOLDINGS, LLC

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	EUREKA NETWORKS, LLC

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	EUREKA TELECOM, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	EUREKA TELECOM OF VA, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	INFOHIGHWAY COMMUNICATIONS CORPORATION

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	NEX-I.COM, INC.

 	 
	 	By:  	                                         /s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 

 

 

	 	 	 	 	 
	 	

ARC NETWORKS, INC. 

 	 
	 	By:  	

/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	A.R.C. NETWORKS, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	INFOHIGHWAY OF VIRGINIA, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer 	 
	 
	 	INFO-HIGHWAY INTERNATIONAL, INC.

 	 
	 	By:  	/s/ Corey Rinker
 	 
	 	 	Name:  	Corey Rinker 	 
	 	 	Title:  	Vice President, Assistant Secretary and

Assistant Treasurer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}]]