Document:

exv10w1

 

EXECUTION VERSION

XO COMMUNICATIONS, LLC

WAIVER

WITH RESPECT TO

AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT

     This Waiver (“Waiver”), dated as of April 28, 2006, with respect to the Amended and
Restated Credit and Guaranty Agreement, dated January 16, 2003 (as amended, supplemented or
otherwise modified, through the date hereof, and as it may be further amended, supplemented or
otherwise modified, the “Credit Agreement”), by and among XO Communications, LLC, a
Delaware limited liability company (the “Company,” as successor by merger to XO
Communications, Inc., a Delaware corporation), certain affiliates and subsidiaries of the Company,
as Guarantors, the Lenders party thereto from time to time and Mizuho Corporate Bank, Ltd., as
administrative agent (the “Administrative Agent”).

RECITALS

     A. Capitalized terms used herein without definition shall have the same meanings herein as set
forth in the Credit Agreement.

     B. Pursuant to Section 10.5 of the Credit Agreement, the Requisite Lenders have the right to
waive any provision of the Credit Documents or consent to any departure of any Credit Party
therefrom or may take any action contemplated in the Credit Documents and such waiver shall be
effective upon the written concurrence of the Requisite Lenders.

     C. The Lenders executing this Waiver constitute the Requisite Lenders pursuant to Section 1.1
of the Credit Agreement.

     D. The Company anticipates that it will not be in compliance with Section 6.6(b) of the Credit
Agreement for the fiscal quarter ended June 30, 2007.

     E. The Requisite Lenders desire to waive compliance by the Company with the requirements of
Section 6.6(b) of the Credit Agreement on the terms and for the periods set forth herein.

     NOW, THEREFORE, in consideration of the promises and the mutual covenants and agreement herein
contained, the parties hereto hereby agree as follows:

WAIVER

     1. Effective as of the date of this Waiver, the Requisite Lenders hereby waive compliance by
the Company and the Guarantors with the requirements of Section 6.6(b) of the Credit Agreement for
the fiscal quarter ended June 30, 2007.

     2. Except as expressly provided herein, (a) the execution, delivery and performance of this
Waiver shall not constitute a waiver of any provision of, or operate as a

 

 

waiver of any right, power or remedy of the Administrative Agent or any Lender under the Credit Agreement or any other
Credit Document and (b) the Credit Agreement and the other Credit Documents shall remain in full
force and effect and are hereby ratified and confirmed.

     3. This Waiver and the rights and obligations of the parties hereunder shall be governed by,
and shall be construed and enforced in accordance with, the internal laws of the State of New York,
without regard to conflicts of laws principles.

     4. This Waiver may be executed in any number of counterparts and by different parties hereto
in separate counterparts, each of which when so executed and delivered shall be deemed an original,
but all such counterparts together shall constitute but one and the same instrument; signature
pages may be detached from multiple separate counterparts and attached to a single counterpart so
that all signature pages are physically attached to the same document.

[remainder of page intentionally left blank]

-2-

 

     IN WITNESS WHEREOF, the Requisite Lender has caused this Waiver to be duly executed and
delivered by its respective officers thereunto duly authorized as of the date first written above.

	 	 	 	 	 
	 	LENDER:

ARNOS CORP.

 	 
	 	By:  	 /s/
Edward Mattner	 
	 	 	Name:  	 Edward Mattner	 
	 	 	Title:  	 Vice President	 
	 

	 	 	 	 	 
	 	Agreed and Acknowledged:

XO COMMUNICATIONS, LLC

 	 
	 	By:  	 /s/ Carl J. Grivner	 
	 	 	Name:  	 Carl J. Grivner	 
	 	 	Title:  	 Chief Executive Officer	 
	 

 

	 	 	 
	 

	 	GUARANTORS:
	 

	 	XO HOLDINGS, INC.
	 

	 	LMDS HOLDINGS, INC.
	 

	 	COAST TO COAST TELECOMMUNICATIONS, INC.
	 

	 	LHP EQUIPMENT, INC.
	 

	 	TELECOMMUNICATIONS OF NEVADA, LLC
	 

	 	V&K HOLDINGS, INC.
	 

	 	XO ASIA LIMITED
	 

	 	XO COMMUNICATIONS SERVICES, INC.
	 

	 	XO DATA SERVICES, LLC
	 

	 	XO GLOBAL COMMUNICATIONS, INC.
	 

	 	XO INTERACTIVE, INC.
	 

	 	XO INTERCITY HOLDINGS NO. 1, LLC
	 

	 	XO INTERCITY HOLDINGS NO. 2, LLC
	 

	 	XO INTERNATIONAL HOLDINGS, INC.
	 

	 	XO INTERNATIONAL, INC.
	 

	 	XO LONG DISTANCE SERVICES (VIRGINIA), LLC
	 

	 	XO MANAGEMENT SERVICES, INC.
	 

	 	XO MANAGEMENT SERVICES, NEVADA, INC.
	 

	 	XO MINDSHARE, LLC
	 

	 	XO NEVADA MERGER SUB, INC.
	 

	 	XO SERVICES, INC.
	 

	 	XO VIRGINIA, LLC

	 	 	 	 	 
	 	 	 
	 	By:  	
 /s/ Gregory Freiberg	 
	 	 	Name:  	 Gregory Freiberg	 
	 	 	Title:  	 Chief Financial Officerexv10w2

 

EXECUTION VERSION

AMENDMENT NO. 1 TO

REGISTRATION RIGHTS AGREEMENT

     THIS AMENDMENT NO. 1 TO REGISTRATION RIGHTS AGREEMENT (this “Amendment”)
is made and enacted as of April 28, 2006 by XO Holdings, Inc., a Delaware corporation (the
“Company”).

R E C I T A L S:

     WHEREAS, on August 5, 2004, XO Communications, Inc., a Delaware corporation (the
“Predecessor Issuer”), entered into a Registration Rights Agreement (the “Registration
Rights Agreement”) with the purchasers of its 6% Class A Convertible Preferred Stock, providing
for the registration of Registrable Securities (as defined in the Registration Rights Agreement)
pursuant to the Securities Act of 1933, as amended;

     WHEREAS, on February 28, 2006, the Predecessor Issuer consummated a corporate restructuring
pursuant to which the Predecessor Issuer merged (the “Restructuring Merger”) with and into
its then indirect wholly owned subsidiary, XO Communications, LLC, with such subsidiary as the
entity surviving such merger as a direct wholly owned subsidiary of the Company;

     WHEREAS, pursuant to the Restructuring Merger, among other things, all of the capital stock
and other securities of the Predecessor Issuer, including the Registrable Securities, were
converted into the right to receive corresponding capital stock and other securities of the Company
on a one-for-one basis, and the Company assumed the rights and obligations of the Predecessor
Issuer under the Registration Rights Agreement; and

     WHEREAS, the Company desires to amend the Registration Rights Agreement as provided herein
pursuant to Section 4 thereof;

     NOW, THEREFORE, in consideration of the foregoing premises and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Company, intending
to be legally bound, hereby agrees to amend the Registration Rights Agreement as follows:

SECTION 1.

DEFINED TERMS

     1.1. Definitions. Capitalized terms not otherwise defined in this Amendment shall
have the respective meanings ascribed to such terms in the Registration Rights Agreement.

 

 

SECTION 2.

AMENDMENTS TO REGISTRATION RIGHTS AGREEMENT

     2.1. Recitals. The first recital of the Registration Rights Agreement is hereby
amended by deleting the reference to “6% Series A Convertible Preferred Stock” therefrom and
inserting in lieu thereof “6% Class A Convertible Preferred Stock”.

     2.2. Section 1. Section 1 of the Registration Rights Agreement is hereby amended by
deleting the definition of “Permitted Holder” therefrom in its entirety and inserting in lieu
thereof the following:

     “Permitted Holder” means and includes: (i) a Purchaser or any Affiliate (as
defined in the Stock Purchase Agreement) of a Purchaser; (ii) any Person to whom a
Purchaser or its transferee transfers its Convertible Preferred Stock and/or Common
Stock, in whole or in part, together with the assignment of such Purchaser’s or
transferee’s (as applicable) rights under this Agreement under Section 6 hereof;
(iii) any member of the Icahn Family; (iv) any conservatorship, custodianship, or
decedent’s estate of any member of the Icahn Family; (v) any trust established for
the benefit of, among others, any Person described in clause (iii) or (iv) of this
definition; (vi) any corporation, limited liability company, partnership, or other
entity, the controlling equity interests in which are held by or for the benefit of
any one or more Persons described in clause (iii), (iv), or (v) of this definition;
and (vii) any foundation or charitable organization established by a member of the
Icahn Family, and having at least one director, trustee, or member who is a member
of the Icahn Family.”

     2.3. Section 6. Section 6 of the Registration Rights Agreement is hereby amended by
deleting the last sentence thereof in its entirety and inserting in lieu thereof the following:

     “The Purchasers may, at their election, at any time or from time to time,
assign their rights under this Agreement, in whole or in part, to any Affiliate or
any purchaser or other transferee of shares of Convertible Preferred Stock and/or
Common Stock held by them.”

SECTION 3.

MISCELLANEOUS

     3.1. Full Force and Effect. Except as expressly modified by this Amendment, all of
the terms, covenants, agreements, conditions and other provisions of the Registration Rights
Agreement shall remain in full force and effect in accordance with their respective terms. As used
in the Registration Rights Agreement, the terms “this Agreement,” herein, hereinafter, hereunder,
hereto and words of similar import shall mean and refer to, from and after the date hereof, unless
the context otherwise requires, the Registration Rights Agreement as amended by this Amendment.

-2-

 

     3.2. Governing Law. This Amendment shall be governed by and construed and enforced in
accordance with the laws of the State of New York, without regard to its conflict of laws rules or
principles.

[remainder of page intentionally left blank]

-3-

 

     IN WITNESS WHEREOF, the undersigned has caused this Amendment No. 1 to Registration
Rights Agreement to be duly executed as of the date first written above.

	 	 	 	 	 
	 	XO HOLDINGS, INC.

 	 
	 	By:  	 /s/
Carl J. Grivner	 
	 	 	Name:  	Carl J. Grivner 	 
	 	 	Title:  	President and Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]