Document:

Exhibit
10.4

 

FIRST AMENDMENT TO
CREDIT AGREEMENT

 

FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”),
dated as of March 11, 2005, among FAIRPOINT COMMUNICATIONS, INC., a Delaware
corporation (the “Borrower”), various Lenders party to the Credit Agreement
referred to below, and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Administrative
Agent (in such capacity, the “Administrative Agent”).  All capitalized terms used herein and not
otherwise defined shall have the respective meanings provided such terms in the
Credit Agreement referred to below.

 

W I T N E S S E T H:

 

WHEREAS, the Borrower, various lenders from time to
time party thereto (the “Lenders”), Bank of America, N.A., as
Syndication Agent, Cobank, ACB and General Electric Capital
Corporation, as Co-Documentation
Agents, and the Administrative Agent are parties to a Credit Agreement, dated
as of February 8, 2005 (the “Credit Agreement”); and

x

WHEREAS, subject to the terms and conditions of this
Amendment, the parties hereto wish to amend or otherwise modify certain
provisions of the Credit Agreement as herein provided;

 

NOW, THEREFORE, IT IS AGREED:

 

I.              Amendment
to Credit Agreement.

 

1.             Section 6.01(a) of the Credit Agreement is hereby
amended by inserting the text “(or, in the case of the fiscal year of the
Borrower ended December 31, 2004, within 90 days after the close of such fiscal
year)” immediately following the text “75 days after the close of each fiscal
year of the Borrower” appearing in said Section.

 

II.            Miscellaneous
Provisions.

 

1.             In order to induce the Lenders to enter into this
Amendment, the Borrower hereby represents and warrants that:

 

(a)           no
Default or Event of Default exists as of the First Amendment Effective Date,
both immediately before and immediately after giving effect thereto; and

 

(b)           all
of the representations and warranties contained in the Credit Agreement and the
other Credit Documents are true and correct in all material respects on the
First Amendment Effective Date both immediately before and immediately after
giving effect thereto, with the same effect as though such representations and
warranties had been made on and as of the First Amendment Effective Date (it
being understood that any representation or warranty made as of a specific date
shall be true and correct in all material respects as of such specific date).

 

 

2.             This Amendment is limited as specified and shall not
constitute a modification, acceptance or waiver of any other provision of the
Credit Agreement or any other Credit Document.

 

3.             This Amendment may be executed in any number of
counterparts and by the different parties hereto on separate counterparts, each
of which counterparts when executed and delivered shall be an original, but all
of which shall together constitute one and the same instrument.  A complete set of counterparts shall be
lodged with the Borrower and the Administrative Agent.

 

4.             THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW
OF THE STATE OF NEW YORK (WITHOUT GIVING REGARD TO ANY CONFLICTS OF LAWS
PROVISIONS THEREOF).

 

5.             This Amendment shall become effective on the date (the “First Amendment Effective Date”) when
each of the Borrower and the Lenders constituting the Required Lenders shall
have signed a counterpart hereof (whether the same or different counter parts)
and shall have delivered (including by way of facsimile transmission) the same
to White & Case LLP, 1155 Avenue of the Americas, New York, NY 10036
Attention:  May Yip (facsimile number:
212-354-8113 / e-mail address: myip@whitecase.com).

 

6.             From and after the First Amendment Effective Date, all
references in the Credit Agreement and each of the other Credit Documents to
the Credit Agreement shall be deemed to be references to the Credit Agreement
as modified hereby.

 

*          *          *

 

2

 

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.

 

 

	
   

  	
  FAIRPOINT COMMUNICATIONS, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Timothy W. Henry

  	
   

  
	
   

  	
   

  	
  Name: Timothy W. Henry 

  	
   

  
	
   

  	
   

  	
  Title: Vice President of Finance and Treasurer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  DEUTSCHE BANK TRUST COMPANY

  AMERICAS, Individually and as Administrative

  Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Anca Trifan

  	
   

  
	
   

  	
   

  	
  Name:
  Anca Trifan

  	
   

  
	
   

  	
   

  	
  Title:
  Director

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Marcus M. Tarkington

  	
   

  
	
   

  	
   

  	
  Name:
  Marcus M. Tarkington

  	
   

  
	
   

  	
   

  	
  Title:
  Director

  	
   

  
	
   

  	
   

  
					

 

	
   

  	
  BANK OF AMERICA, N.A., Individually and

  as Syndication Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James Ford

  	
   

  
	
   

  	
   

  	
  Name:
  James Ford

  	
   

  
	
   

  	
   

  	
  Title:
  Senior Vice President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  COBANK, ACB, Individually
  and as Co-

  Documentation Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Rick Freeman

  	
   

  
	
   

  	
   

  	
  Name:
  Rick Freeman

  	
   

  
	
   

  	
   

  	
  Title:
  Vice President

  	
   

  

 

 

	
   

  	
  GENERAL ELECTRIC CAPITAL

  CORPORATION, Individually and as Co-

  Documentation Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
   illegible

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  

 

 

SIGNATURE
PAGE TO THE FIRST AMENDMENT TO CREDIT AGREEMENT, DATED AS OF MARCH 11, 2005,
AMONG FAIRPOINT COMMUNICATIONS, INC., THE LENDERS FROM TIME TO TIME
PARTY TO THE CREDIT AGREEMENT AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT

 

 

	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Pacifica CDO II, Ltd.

  	
   

  	
  Avenue CLO Fund, Ltd.

  	
   

  
	
   

  	
   

  
				

 

	
  By:

  	
  /s/ An Pham, Jr.

  	
   

  	
  By:

  	
  /s/ Richard D’Addario

  	
   

  
	
   

  	
  Name: An Pham Jr.

  	
   

  	
  Name: Richard D’Addario

  
	
   

  	
  Title: Vice President

  	
   

  	
  Title: Senior Portfolio Manager

  
	
   

  	
   

  

 

	
   

  	
   

  
	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Ares CLO VII, Ltd.

  	
   

  	
  Ares CLO VIII, Ltd.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Ares CLO Management VII, L.P.

  	
  By:

  	
  Ares CLO Management VIII, L.P.

  
	
   

  	
  Investment Manager

  	
   

  	
  Investment Manager

  
	
   

  	
   

  
	
  By:

  	
  Ares CLO GP VII, LLC

  	
  By:

  	
  Ares CLO GP VIII, LLC

  
	
   

  	
  Its General Partner

  	
   

  	
  Its General Partner

  
	
   

  	
   

  
	
  By:

  	
  /s/Jeff Moore

  	
   

  	
  By:

  	
  /s/ Jeff Moore

  	
   

  
	
   

  	
  Name: Jeff Moore

  	
   

  	
  Name: Jeff Moore

  
	
   

  	
  Title: Vice President

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  

 

	
   

  	
   

  
	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Ares CLO IX, Ltd.

  	
   

  	
  Ares Enhanced Loan Investment Strategy, Ltd.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Ares CLO Management IX, L.P.

  	
  By:

  	
  Ares Enhanced Loan Management, L.P.

  
	
   

  	
  Investment Manager

  	
   

  	
  Investment Manager

  
	
   

  	
   

  
	
  By:

  	
  Ares CLO GP IX, LLC

  	
  By:

  	
  Ares Enhanced Loan GP, LLC

  
	
   

  	
  Its General Partner

  	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Jeff Moore

  	
   

  	
  By:

  	
  /s/ Jeff Moore

  	
   

  
	
   

  	
  Name: Jeff Moore

  	
   

  	
  Name: Jeff Moore

  
	
   

  	
  Title: Vice President

  	
   

  	
  Title: Vice President

  

 

 

	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Massachusetts
  Mutual Life Insurance Co.

  	
   

  	
  Babson CLO Ltd. 2004-I

  	
   

  
	
   

  	
  Babson CLO Ltd. 2004-II

  	
   

  
	
  By:

  	
  Babson Capital
  Management LLC

  	
  Babson CLO Ltd. 2005-I

  	
   

  
	
   

  	
  as Investment
  Advisor

  	
  Suffield CLO, Limited

  	
   

  
	
   

  	
  Tryon CLO Ltd. 2000-I

  	
   

  
						

 

	
  By:

  	
  /s/ David P.
  Wells

  	
   

  	
   

  
	
   

  	
  Name: David P.
  Wells, CFA

  	
  By:

  	
  Babson Capital Management LLC

  
	
   

  	
  Title: Managing
  Director

  	
   

  	
  as Collateral Manager

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ David P.
  Wells

  	
   

  
	
   

  	
   

  	
  Name: David P.
  Wells, CFA

  
	
   

  	
   

  	
  Title: Managing
  Director

  

 

	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Braymoor &
  Co.

  	
   

  	
  Bear Stearns Institutional Loan Master Fund

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Bear Stearns
  Assets Management, Inc.

  	
  By:

  	
  Bear Stearns Asset Management, Inc.

  
	
   

  	
  as its
  attorney-in-fact

  	
   

  	
  as its attorney-in-fact

  
	
   

  	
   

  
	
  By:

  	
  /s/ Niall D.
  Rosenzweig

  	
   

  	
  By:

  	
  /s/ Niall D. Rosenzweig

  	
   

  
	
   

  	
  Name: Niall D.
  Rosenzweig

  	
   

  	
  Name: Niall D. Rosenzweig

  
	
   

  	
  Title: Managing
  Director

  	
   

  	
  Title: Managing Director

  
	
   

  	
   

  
							

 

	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Bear Stearns
  Loan Trust

  	
   

  	
  FBS CBNA Loan Funding LLC

  	
   

  
				

 

	
  By:

  	
  Bear Stearns
  Asset Management, Inc.

  	
   

  	
   

  	
   

  
	
   

  	
  as its
  attorney-in-fact

  	
  By:

  	
  /s/ Gregg Bresner

  	
   

  
	
   

  	
   

  	
  Name:

  	
  Gregg Bresner

  
	
  By: 

  	
  /s/ Niall D.
  Rosenzweig

  	
   

  	
   

  	
  Title:

  	
  Member, Briscoe Capital Management,

  	 

	
   

  	
  Name: Niall D.
  Rosenzweig

  	
   

  	
   

  	
   on behalf of FBS CBNA

  	 

	
   

  	
   

  	
   

  	
   

  	
   Loan Funding LLC

  	 

	
   

  	
  Title: Managing
  Director

  	
   

  	
   

  	 

								

 

 

	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Callidus Debt
  Partners CLO Fund II Ltd.

  	
   

  	
  CIT Lending Services Corporation

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Its Collateral
  Manager, Callidus Capital

  	
  By: 

  	
  /s/ Michael V. Monahan

  	
   

  
	
   

  	
  Management, LLC

  	
   

  	
  Name: Michael V. Monahan

  
	
   

  	
   

  	
  Title: Vice President

  
	
  By:

  	
  /s/ Wayne
  Mueller

  	
   

  	
   

  
	
   

  	
  Name: Wayne
  Mueller

  	
   

  
	
   

  	
  Title: Senior
  Managing Director

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Senior Debt
  Portfolio

  	
   

  	
  Eaton Vance Senior Income Trust

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Boston
  Management and Research

  	
  By:

  	
  Eaton Vance Management

  
	
   

  	
  its Investment
  Advisor

  	
   

  	
  as Investment Advisor

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Michael B.
  Botthof

  	
   

  	
  By: 

  	
  /s/ Michael B. Botthof

  	
   

  
	
   

  	
  Name: Michael B.
  Botthof

  	
   

  	
  Name: Michael B. Botthof

  
	
   

  	
  Title: Vice
  President

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Eaton Vance
  Institutional Senior Loan Fund

  	
   

  	
  Eaton Vance CDO III, Ltd.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Eaton Vance
  Management

  	
  By:

  	
  Eaton Vance Management

  
	
   

  	
  as Investment
  Advisor

  	
   

  	
  as Investment Advisor

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Michael B.
  Botthof

  	
   

  	
  By:

  	
   /s/ Michael
  B. Botthof

  	
   

  
	
   

  	
  Name: Michael B.
  Botthof

  	
   

  	
  Name: Michael B. Botthof

  
	
   

  	
  Title: Vice
  President

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Costantinus
  Eaton Vance CDO V, Ltd.

  	
   

  	
  Eaton Vance CDO VI, Ltd.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Eaton Vance
  Management

  	
  By:

  	
  Eaton Vance Management

  
	
   

  	
  as Investment
  Advisor

  	
   

  	
  as Investment Advisor

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Michael B.
  Botthof

  	
   

  	
  By:

  	
  /s/ Michael B. Botthof

  	
   

  
	
   

  	
  Name: Michael B.
  Botthof

  	
   

  	
  Name: Michael B. Botthof

  
	
   

  	
  Title: Vice
  President

  	
   

  	
  Title: Vice President

  
							

 

 

	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Grayson & Co.

  	
   

  	
  Eaton Vance VT Floating-Rate
  Income Fund

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Boston Management and Research

  	
  By:

  	
  Eaton Vance Management

  	
   

  
	
   

  	
  as Investment Advisor

  	
   

  	
  as Investment Advisor

  
	
   

  	
   

  
	
  By:

  	
  /s/ Michael B. Botthof

  	
   

  	
  By:

  	
  /s/ Michael B. Botthof

  	
   

  
	
   

  	
  Name: Michael B. Botthof

  	
   

  	
  Name: Michael B. Botthof

  
	
   

  	
  Title: Vice President

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  	
   

  	
   

  
	
  Eaton Vance Limited Duration Income Fund

  	
   

  	
  Eaton Vance Senior
  Floating-Rate Trust

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Eaton Vance Management

  	
  By:

  	
  Eaton Vance Management

  
	
   

  	
  as Investment Advisor

  	
   

  	
  as Investment Advisor

  
	
   

  	
   

  
	
  By:

  	
   /s/ Michael B. Botthof

  	
   

  	
  By:

  	
   /s/ Michael B. Botthof

  	
   

  
	
   

  	
  Name: Michael B. Botthof

  	
   

  	
  Name: Michael B. Botthof

  
	
   

  	
  Title: Vice President

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Eaton Vance Floating-Rate Income Trust

  	
   

  	
  Eaton Vance Short Duration
  Diversified Income Fund 

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  Eaton Vance Management

  	
   

  
	
   

  	
  as Investment Advisor

  	
  By:

  	
  Eaton Vance Management

  
	
   

  	
   

  	
  as Investment Advisor

  
	
  By:

  	
  /s/ Michael B. Botthof

  	
   

  	
   

  
	
   

  	
  Name: Michael B. Botthof

  	
  By:

  	
  /s/ Michael B. Botthof

  	
   

  
	
   

  	
  Title: Vice President

  	
   

  	
  Name: Michael B. Botthof

  
	
   

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF INSTITUTION:

  	
   

  	
  NAME OF INSTITUTION:

  	
   

  
	
   

  	
   

  
	
  MacQuarie/First Trust Global Infrastructure/Utilities

  	
   

  	
  Four Corners CLO2005-I,
  Ltd.    

  	
   

  
	
  Dividend & Income Fund

  	
   

  	
   

  
	
   

  	
  By: Four Corners Capital
  Management LLC,

  
	
  By: Four Corners Capital Management LLC,

  	
   

  	
  As Sub-Adviser

  
	
   

  	
  As Sub-Adviser

  	
   

  	
   

  
									

 

 

	
   

  	
  By:

  	
  /s/ Steven Columbaro

  	
   

  
	
  By:

  	
  /s/Steven
  Columbaro

  	
   

  	
   

  	
  Name: Steven Columbaro

  
	
   

  	
  Name: Steven
  Columbaro

  	
   

  	
  Title: Vice President

  
	
   

  	
  Title: Vice
  President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Fortress
  Portfolio Trust

  	
   

  	
  State Street Bank and Trust Company as Trustee

  	
   

  
	
   

  	
  for GMAM Group Pension Trust I

  	
   

  	
   

  
	
  By:

  	
  Four Corners
  Capital Management LLC,

  	
   

  	
   

  	
   

  
	
   

  	
  As Sub-Adviser

  	
  By: 

  	
  /s/ Russell Riccardi

  	
   

  
	
   

  	
   

  	
  Name: Russell Riccardi

  
	
  By:

  	
  /s/ Steven
  Columbaro

  	
   

  	
   

  	
  Title: CSO

  
	
   

  	
  Name: Steven
  Columbaro

  	
   

  
	
   

  	
  Title: Vice
  President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  State Street
  Bank and Trust Company as Trustee

  	
   

  	
  Alzette European CLO S.A.

  	
   

  
	
  for General
  Motors Welfare Benefit Trust

  	
   

  	
   

  
	
   

  	
  By:

  	
  INVESCO Senior
  Secured Management,

  
	
   

  	
   

  	
  Inc. As
  Collateral Manager

  
	
  By:

  	
  /s/ Russell
  Riccardi

  	
   

  	
   

  
	
   

  	
  Name: Russell
  Riccardi

  	
  By:

  	
   /s/ Scott
  Baskind

  	
   

  
	
   

  	
  Title: CSO

  	
   

  	
  Name: Scott Baskind

  
	
   

  	
   

  	
  Title: Authorized Signatory

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Avalon Capital
  Ltd.-3

  	
   

  	
  Champlain CLO, Ltd.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  INVESCO Senior
  Secured Management, Inc.

  	
  By:

  	
  INVESCO Senior Secured Management,

  
	
   

  	
  As Asset Manager

  	
   

  	
  Inc. As Collateral Manager

  
	
   

  	
   

  
	
  By:

  	
  /s/ Scott
  Baskind

  	
   

  	
  By:

  	
  /s/ Scott Baskind

  	
   

  
	
   

  	
  Name: Scott
  Baskind

  	
   

  	
  Name: Scott Baskind

  
	
   

  	
  Title:
  Authorized Signatory

  	
   

  	
  Title: Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Charter View
  Portfolio

  	
   

  	
  Diversified Credit Portfolio, Ltd.

  	
   

  
													

 

 

	
  By:

  	
  INVESCO Senior
  Secured Management, Inc.

  	
  By:

  	
  INVESCO Senior Secured Management,

  
	
   

  	
  As Investment
  Advisor

  	
   

  	
  Inc. As Investment Advisor

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Scott
  Baskind

  	
   

  	
  By: 

  	
  /s/ Scott Baskind

  	
   

  
	
   

  	
  Name: Scott
  Baskind

  	
   

  	
  Name: Scott Baskind

  
	
   

  	
  Title:
  Authorized Signatory

  	
   

  	
  Title: Authorized Signatory

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Aim Floating
  Rate Fund

  	
   

  	
  INVESCO European CDO I S.A.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  INVESCO Senior
  Secured Management, Inc.

  	
  By:

  	
  INVESCO Senior Secured Management,

  
	
   

  	
  As Sub-Advisor

  	
   

  	
  Inc.

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Scott
  Baskind

  	
   

  	
  By:

  	
   /s/ Scott
  Baskind

  	
   

  
	
   

  	
  Name: Scott
  Baskind

  	
   

  	
  Name: Scott Baskind

  
	
   

  	
  Title:
  Authorized Signatory

  	
   

  	
  Title: Authorized Signatory

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Loan Funding IX
  LLC, for itself or as agent for

  	
   

  	
  Sequils-Liberty, Ltd.

  	
   

  
	
  Corporate Loan
  Funding IX LLC

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  INVESCO Senior Secured Management,

  
	
  By:

  	
  INVESCO Senior
  Secured Management, Inc.

  	
   

  	
  Inc. As Collateral Manager

  
	
   

  	
  As Portfolio
  Manager

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Scott Baskind

  	
   

  
	
  By: 

  	
  /s/ Scott
  Baskind

  	
   

  	
   

  	
  Name: Scott Baskind

  
	
   

  	
  Name: Scott
  Baskind

  	
   

  	
  Title: Authorized Signatory

  
	
   

  	
  Title:
  Authorized Signatory

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Petrusse
  European CLO S.A.

  	
   

  	
  Sagamore CLO Ltd.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  INVESCO Senior
  Secured Management, Inc.

  	
  By:

  	
  INVESCO Senior Secured Management,

  
	
   

  	
  As Collateral
  Manager

  	
   

  	
  Inc. As Collateral Manager

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Scott
  Baskind

  	
   

  	
  By: 

  	
  /s/ Scott Baskind

  	
   

  
	
   

  	
  Name: Scott
  Baskind

  	
   

  	
  Name: Scott Baskind

  
	
   

  	
  Title:
  Authorized Signatory

  	
   

  	
  Title: Authorized Signatory

  

 

 

	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Saratoga CLO I,
  Ltd.

  	
   

  	
  Metropolitan Life Insurance Co.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  INVESCO Senior
  Secured Management, Inc.

  	
  By: 

  	
  /s/ Jim Dingler

  	
   

  
	
   

  	
  As Asset Manager

  	
   

  	
  Name: Jim Dingler

  
	
   

  	
   

  	
  Title: Director

  
	
  By:

  	
  /s/ Scott
  Baskind

  	
   

  	
   

  
	
   

  	
  Name: Scott
  Baskind

  	
   

  
	
   

  	
  Title:
  Authorized Signatory

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Morgan Stanley
  Senior Funding, Inc.

  	
   

  	
  The Norinchukin Bank, New York Branch,

  	
   

  
	
   

  	
  through State Street Bank and Trust Company

  	
   

  
	
  By: 

  	
  /s/ Eugene F.
  Martin

  	
   

  	
  N.A. as fiduciary custodian

  	
   

  
	
   

  	
  Name: Eugene F.
  Martin

  	
   

  
	
   

  	
  Title: Vice
  President

  	
  By: Eaton Vance Management, Attorney-in-Fact

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Michael B.
  Botthof

  	
   

  
	
   

  	
   

  	
  Name: Michael B.
  Botthof

  
	
   

  	
   

  	
  Title: Vice
  President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Oak Hill Credit Partners
  I, Limited

  	
   

  	
  Oak Hill Credit Partners II, Limited

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Oak Hill CLO
  Management I, LLC

  	
  By:

  	
  Oak Hill CLO Management II, LLC

  
	
   

  	
  As Investment
  Manager

  	
   

  	
  As Investment Manager

  
	
   

  	
   

  
	
  By:

  	
   /s/ Scott D. Krase

  	
   

  	
  By: 

  	
  /s/ Scott Krase

  	
   

  
	
   

  	
  Name: Scott D.
  Krase

  	
   

  	
  Name: Scott Krase

  
	
   

  	
  Title:
  Authorized Person

  	
   

  	
  Title: Authorized Person

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Oak Hill Credit
  Partners III, Limited

  	
   

  	
  Oak Hill Credit Partners IV, Limited

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Oak Hill CLO
  Management III, LLC

  	
  By:

  	
  Oak Hill CLO Management IV, LLC

  
	
   

  	
  As Investment
  Manager

  	
   

  	
  As Investment Manager

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Scott D.
  Krase

  	
   

  	
  By: 

  	
  /s/ Scott Krase

  	
   

  
	
   

  	
  Name: Scott D.
  Krase

  	
   

  	
  Name: Scott Krase

  
	
   

  	
  Title:
  Authorized Person

  	
   

  	
  Title: Authorized Person

  

 

 

	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  SMBC MVI SPC, on
  behalf of and for the account of

  	
   

  	
  PPM Monarch Bay Funding

  	
   

  
	
  Segregated
  Portfolio No. 1

  	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Meredith J, Koslick

  	
   

  
	
  By:

  	
  Oak Hill
  Separate Account Management I, LLC

  	
   

  	
  Name: Meredith J. Koslick

  
	
   

  	
  As Investment
  Manager

  	
   

  	
  Title: Assistant Vice President

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Scott D.
  Krase

  	
   

  	
   

  
	
   

  	
  Name: Scott D.
  Krase

  	
   

  
	
   

  	
  Title:
  Authorized Person

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  PPM Spyglass
  Funding Trust

  	
   

  	
  Foxe Basin CLO 2003, Ltd.

  	
   

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Ann E. Morris

  	
   

  	
  By: 

  	
  Royal Bank of Canada

  
	
   

  	
  Name: Ann E. Morris

  	
   

  	
  as Collateral Manager

  
	
   

  	
  Title: Authorized Agent

  	
   

  
	
   

  	
  By: 

  	
  /s/ Lee M.
  Shaiman

  	
   

  
	
   

  	
   

  	
  Name: Lee M.
  Shaiman

  
	
   

  	
   

  	
  Title:
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Sun Life
  Assurance Company of Canada (US)

  	
   

  	
  Sankaty Advisors, LLC as Collateral Manager

  
	
   

  	
  for Castle Hill II – INGOTS, Ltd., as Term

  
	
  By:

  	
  Fairlead Capital
  Management Inc.

  	
  Lender

  	
   

  
	
   

  	
  as Sub-Advisor

  	
   

  
	
   

  	
  By: 

  	
  /s/ Jeffrey Hawkins

  	
   

  
	
  By:

  	
   /s/ Lee M.
  Shaiman

  	
   

  	
   

  	
  Name: Jeffrey Hawkins

  
	
   

  	
  Name: Lee M. Shaiman

  	
   

  	
  Title: Senior Vice President

  
	
   

  	
  Title: President and Chief Investment Officer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Sankaty
  Advisors, LLC as Collateral Manager for

  	
  Sankaty Advisors, LLC as Collateral Manager

  	
   

  
	
  Castle Hill III
  CLO, Limited, as Term Lender

  	
   

  	
  for Race Point II CLO, Limited, as Term Lender

  	
   

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Jeffrey S.
  Hawkins

  	
   

  	
  By: 

  	
  /s/ Jeffrey S. Hawkins

  	
   

  
	
   

  	
  Name: Jeffrey S.
  Hawkins

  	
   

  	
  Name: Jeffrey S. Hawkins

  
	
   

  	
  Title: Senior
  Vice President

  	
   

  	
  Title: Senior Vice President

  
								

 

 

	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Sankaty
  Advisors, LLC as Collateral Manager for

  	
  Sankaty Advisors, LLC as Collateral Manager

  	
   

  
	
  Castle Hill I –
  INGOTS, Ltd., as Term Lender

  	
   

  	
  for Loan Funding XI LLC, as Term Lender

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Jeffrey S.
  Hawkins

  	
   

  	
  By:

  	
   /s/ Jeffrey
  S. Hawkins

  	
   

  
	
   

  	
  Name: Jeffrey S.
  Hawkins

  	
   

  	
  Name: Jeffrey S. Hawkins

  
	
   

  	
  Title: Senior
  Vice President

  	
   

  	
  Title: Senior Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Sankaty
  Advisors, LLC as Collateral Manager for

  	
  Sankaty Advisors, LLC as Collateral Manager

  
	
  Avery Point CLO,
  Ltd., as Term Lender

  	
   

  	
  for Race Point CLO, Limited, as Term Lender

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Jeffrey S.
  Hawkins

  	
   

  	
  By:

  	
  /s/ Jeffrey S. Hawkins

  	
   

  
	
   

  	
  Name: Jeffrey S.
  Hawkins

  	
   

  	
  Name: Jeffrey S. Hawkins

  
	
   

  	
  Title: Senior
  Vice President

  	
   

  	
  Title: Senior Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  Harbour Town
  Funding LLC

  	
   

  	
  Windsor Loan Funding, Limited

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Meredith
  Koslick

  	
   

  	
  By:

  	
  Stanfield Capital Partners LLC

  
	
   

  	
  Name: Meredith
  Koslick

  	
   

  	
  as its Investment Manager

  
	
   

  	
  Title: Assistant
  Vice President

  	
   

  
	
   

  	
  By:

  	
   /s/ Christopher E. Jansen

  	
   

  
	
   

  	
   

  	
  Name:
  Christopher E. Jansen

  
	
   

  	
   

  	
  Title: Managing
  Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF
  INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  XL Re Ltd.

  	
   

  	
  Stanfield Vantage CLO, Ltd.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  Stanfield
  Capital Partners LLC

  	
  By:

  	
  Stanfield Capital Partners LLC

  
	
   

  	
  as its
  Collateral Manager

  	
   

  	
  As Its Interim Asset Manager

  
	
   

  	
   

  
	
  By:

  	
  /s/ Christopher
  E. Jansen

  	
   

  	
  By:

  	
   /s/
  Christopher E. Jansen

  	
   

  
	
   

  	
  Name:
  Christopher E. Jansen

  	
   

  	
  Name: Christopher E. Jansen

  
	
   

  	
  Title: Managing
  Partner

  	
   

  	
  Title: Managing Partner

  

 

 

	
  NAME OF INSTITUTION:

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  
	
  TRS Callisto LLC

  	
   

  	
  Wachovia Bank National
  Association

  	
   

  
	
   

  	
   

  
	
  By:

  	
   /s/ Alice L. Wagner

  	
   

  	
  By:

  	
  /s/ Franklin M. Wessinger

  	
   

  
	
   

  	
  Name: Alice L. Wagner

  	
   

  	
  Name: Franklin M. Wessinger

  
	
   

  	
  Title: Vice President

  	
   

  	
  Title: Managing Director

  
	
   

  	
   

  
	
   

  	
   

  
	
  NAME OF INSTITUTION:

  	
   

  
	
   

  	
   

  
	
  Waterville Funding LLC

  	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Meredith J. Koslick

  	
   

  	
   

  
	
   

  	
  Name: Meredith J. Koslick

  	
   

  
	
   

  	
  Title: Assistant Vice PresidentExhibit 10.5

 

SWINGLINE NOTE

 

	
  $                      

  	
   

  	
  New York, New York

  
	
   

  	
   

  	
                        ,
  2005

  

 

FOR VALUE RECEIVED,
FAIRPOINT COMMUNICATIONS, INC., a Delaware corporation (the “Borrower”),
hereby promises to pay to the order of (the “Lender”), in lawful money
of the United States of America in immediately available funds, at the Payment
Office (as defined in the Agreement referred to below) initially located at 60
Wall Street, New York, New York 10005, on the Swingline Expiry Date (as defined
in the Agreement) the principal sum of                       
($             )
or, if less, the then unpaid principal amount of all Swingline Loans (as
defined in the Agreement) made by the Lender pursuant to the Agreement.

 

The Borrower promises also
to pay interest on the unpaid principal amount hereof in like money at said
office from the date hereof until paid at the rates and at the times provided
in Section 1.08 of the Agreement.

 

This Note is the Swingline
Note referred to in the Credit Agreement, dated as of February 8, 2005, among
the Borrower, the lenders from time to time party thereto (including the
Lender), Bank of America, N.A., as Syndication Agent, CoBank, ACB and General
Electric Capital Corporation, as Co-Documentation Agents, and Deutsche Bank
Trust Company Americas, as Administrative Agent (as amended, restated, modified
and/or supplemented from time to time, the “Agreement”), and is entitled
to the benefits thereof and of the other Credit Documents (as defined in the
Agreement).  This Note is secured
pursuant to the Pledge Agreement (as defined in the Agreement).  As provided in the Agreement, this Note is
subject to voluntary prepayment and mandatory repayment prior to the Swingline
Expiry Date, in whole or in part.

 

In case an Event of Default
(as defined in the Agreement) shall occur and be continuing, the principal of
and accrued interest on this Note may be declared to be due and payable in the
manner and with the effect provided in the Agreement.

 

The Borrower hereby waives
presentment, demand, protest or notice of any kind in connection with this
Note.

 

THIS
NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY THE LAW OF THE
STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICT OF LAWS.

 

 

	
   

  	
  FAIRPOINT
  COMMUNICATIONS, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00081-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00081-of-00352.parquet"}]]