Document:

EX-10.1

 Exhibit 10.1 
 Execution Version 
 FIRST AMENDMENT TO CREDIT AGREEMENT 

FIRST AMENDMENT, dated as of September 28, 2012 (this “Amendment “), to the Credit Agreement, dated as of
April 27, 2012, among Carmike Cinemas, Inc., a Delaware corporation (the “Borrower”), Macquarie US Trading LLC., as administrative agent (in such capacity, the “Administrative Agent”) and syndication agent and
the several Lenders from time to time party thereto (as may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). 

W I T N E S S E T H: 
 WHEREAS, the Borrower, the Lenders and the Administrative Agent are parties to the Credit Agreement; 
 WHEREAS, the Borrower has requested amendments to the Credit Agreement to accommodate the acquisition by the Borrower of the Rave Companies (as defined below); and 

WHEREAS, the Lenders and the Administrative Agent are willing to agree to such amendments to the Credit Agreement, subject to the terms
and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the
Borrower, the Required Lenders and the Administrative Agent hereby agree as follows: 
 SECTION 1. Defined Terms. Unless
otherwise defined herein, capitalized terms which are defined in the Credit Agreement are used herein as therein defined. 

SECTION 2. Amendments to Section 1.1 (Defined Terms). 

a. Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in proper alphabetical
order: 
 “First Amendment”: First Amendment to Credit Agreement dated as of September 28,
2012, among the Borrower, the Administrative Agent, and certain Lenders then constituting the Required Lenders. 

“Rave Companies”: Rave Review Holdings, LLC, a Delaware limited liability company, and its wholly owned
Subsidiaries acquired by the Borrower pursuant to the Rave Purchase Agreement. 
 “Rave Financing
Obligations”: all Financing Obligations of the Rave Companies outstanding as of the date that the Borrower acquires the Rave Companies pursuant to the Rave Purchase Agreement. 

“Rave Lease Obligations”: all Rave Financing Obligations and any Capital Lease Obligations of the Rave
Companies outstanding as of the date that the Borrower acquires the Rave Companies pursuant to the Rave Purchase Agreement. 
 “Rave Purchase Agreement”: the Membership Interest Purchase Agreement dated as of September 28, 2012, among the Borrower, Rave Reviews Cinemas, L.L.C., and Rave Review Holdings, LLC.

 SECTION 3. Amendments to Section 7.2 (Indebtedness). Section 7.2 of the
Credit Agreement is hereby amended by amending and restating clause (b) in its entirety as follows: 
 (b) Indebtedness of
any Loan Party pursuant to the Senior Secured Notes, and the Rave Lease Obligations, in each case together with any Permitted Refinancing Indebtedness in respect thereof; 
 SECTION 4. Amendments to Section 7.3 (Liens). Section 7.3 of the Credit Agreement is hereby amended by amending and restating clause (i) in its entirety as follows: 

(i) any interest or title of a lessor under (A) any lease entered into by the Borrower or any other Subsidiary in the ordinary course
of its business and covering only the assets so leased and (B) any lease evidencing any Rave Lease Obligations; 
 SECTION
5. Amendments to Section 7.16 (Financing Obligations). Section 7.16 of the Credit Agreement is hereby amended by amending and restating it in its entirety as follows: 

7.16. Financing Obligations. Permit the aggregate amount of Financing Obligations (other than the Rave Lease
Obligations) of the Borrower and its Subsidiaries incurred or created after the date hereof to exceed, at any one time the greater of (a) the aggregate amount of Financing Obligations permitted under the Senior Secured Notes Indenture and
(b) $25,000,000. 
 SECTION 6. Representations and Warranties. In order to induce the Lenders to enter into this
Amendment and to amend the Credit Agreement in the manner provided herein, each Loan Party party hereto represents and warrants to the Lenders and the Administrative Agent that the following statements are true and correct in all respects:

 a. Corporate Power and Authority. Each Loan Party has the power and authority, and the legal right, to
make, deliver and enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the “Amended Agreement”) and the other Loan
Documents. 
 b. Authorization of Agreements. Each Loan Party has taken all necessary organizational
action to authorize the execution, delivery and performance of this Amendment, the Amended Agreement and the other Loan Documents. 
 c. Governmental Consents. No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the
execution and delivery by each Loan Party of this Amendment and the performance by the Borrower of the Amended Agreement and the other Loan Documents or with the execution, delivery, performance, validity or enforceability of this Amendment or the
Amended Agreement or any of the Loan Documents, except consents, authorizations, filings and notices described in Schedule 1, which consents, authorizations, filings and notices have been obtained or made and are in full force and effect except
as otherwise noted on such Schedule 1. 

  
 2 

 d. Binding Obligation. This Amendment has been duly executed and
delivered on behalf of each Loan Party party hereto. This Amendment constitutes a legal, valid and binding obligation of each Loan Party party thereto, enforceable against each such Loan Party in accordance with its terms, except as enforceability
may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity
or at law). 
 e. No Legal Bar. The execution, delivery and performance of this Amendment, the Amended
Agreement and the other Loan Documents will not violate any Requirement of Law or any Contractual Obligation of any Group Member and will not result in, or require, the creation or imposition of any Lien on any of their respective properties or
revenues pursuant to any Requirement of Law or any such Contractual Obligation (other than the Liens created by the Security Documents). No Requirement of Law or Contractual Obligation applicable to the Borrower or any of its Subsidiaries could
reasonably be expected to have a Material Adverse Effect. 
 f. Incorporation of Representations and
Warranties from Credit Agreement. The representations and warranties set forth in Section 4 of the Credit Agreement, and in each of the other Loan Documents, are true and complete in all material respects on the date hereof as if made on
and as of the date hereof (except if any such representation or warranty is expressly stated to have been made as of a specific date, such representation or warranty shall be true and correct as of such specific date, and except as to changes
otherwise expressly permitted by the terms of the Loan Documents), and as if each reference in said Section 4 to “this Agreement” included reference to this Amendment and the Amended Agreement. 

g. Absence of Default. No Default or Event of Default has occurred and is continuing or will result from the
consummation of the transactions contemplated by this Amendment that would constitute an Event of Default or a Default. 

SECTION 7. Conditions Precedent. The amendments set forth in Sections 2 through 5 hereof shall become effective (the
“Amendment Effective Date”) upon satisfaction of the following conditions: 
 a.
Execution. The Administrative Agent shall have received counterparts of this Amendment executed and delivered by the Administrative Agent, the Borrower, the Loan Parties and the Lenders party to the Credit Agreement constituting the
“Required Lenders” thereunder. 
 b. Fees and Expenses. On or before the Amendment Effective
Date the Administrative Agent shall have received all fees and expenses required to be paid on or before the Amendment Effective Date, including, without limitation, the reasonable fees and disbursements of legal counsel. 

c. Necessary Consents. Each Loan Party shall have obtained all material consents necessary or advisable in
connection with the transactions contemplated by this Amendment. 
 d. Rave Companies Acquisition. The
Borrower shall have consummated the purchase of the Rave Companies pursuant to the Rave Purchase Agreement, as certified by a Responsible Officer of the Borrower. 

  
 3 

 e. Other Documents. The Administrative Agent and Lenders shall have
received such other documents, information or agreements regarding the Loan Parties as the Administrative Agent or Collateral Trustee may reasonably request. 
 SECTION 8. Acknowledgement and Consent. Each Guarantor hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement and this Amendment and consents to the amendment of
the Credit Agreement effected pursuant to this Amendment. Each Guarantor hereby confirms that each Loan Document to which it is a party or otherwise bound and all Collateral encumbered thereby will continue to guarantee or secure, as the case may
be, to the fullest extent possible in accordance with the Loan Documents the payment and performance of all “Obligations” under each of the Loan Documents to which is a party (in each case as such terms are defined in the applicable Loan
Document). 
 Each Guarantor acknowledges and agrees that any of the Loan Documents to which it is a party or otherwise bound
shall continue in full force and effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of this Amendment. Each Guarantor represents and warrants that
all representations and warranties contained in the Amended Agreement and the Loan Documents to which it is a party or otherwise bound are true and correct in all material respects on and as of the Amendment Effective Date to the same extent as
though made on and as of that date, except to the extent such representations and warranties specifically relate to an earlier date, in which case they were true and correct in all material respects on and as of such earlier date, and except as to
changes otherwise expressly permitted by the terms of the Loan Documents. 
 Each Guarantor acknowledges and agrees that
(i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Guarantor is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected
pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Guarantor to any future amendments to the Credit Agreement 

SECTION 9. GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED
BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 10.
Miscellaneous. 
 a. Reference to and Effect on the Credit Agreement and the other Loan Documents.

 i. Except as provided herein, the Credit Agreement and the other Loan Documents shall remain unchanged and in
full force and effect and are hereby ratified and confirmed. On and after the Amendment Effective Date, each reference in the Credit Agreement to “this Amendment”, “hereunder”, “hereof”, “herein” or words of
like import referring to the Credit Agreement, and each reference in the other Loan Documents to the “Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement shall mean and
be a reference to the Credit Agreement as amended by this Amendment. 

  
 4 

 ii. The execution, delivery and performance of this Amendment shall not
constitute a waiver of any provision of, or operate as a waiver of any right, power or remedy of any Agent or Lender under, the Credit Agreement or any of the other Loan Documents. 

b. Headings. Section and Subsection headings in this Amendment are included herein for convenience of reference
only and shall not constitute a part of this Amendment for any other purpose or be given any substantive effect. 

c. Counterparts. This Amendment may be executed by the parties hereto on any number of separate counterparts, and
all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment by e-mail, facsimile or other form of electronic transmission shall be effective as delivery
of a manually executed counterpart hereof. 
 [signature pages follow] 

  
 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered by their proper and duly authorized officers as of the day and year first above written. 
  

			
	CARMIKE CINEMAS, INC.
		
	 By:
	 	/s/ Jeffery A. Cole
		 	Name: Jeffrey A. Cole
		 	Title: Assistant Vice President/Controller
	
	 EASTWYNN THEATRES, INC.

		
	 By:
	 	/s/ Jeffery A. Cole
		 	Name: Jeffrey A. Cole
		 	Title: Assistant Vice President/Controller
	
	 GEORGE G. KERASOTES CORPORATION

		
	 By:
	 	/s/ Jeffery A. Cole
		 	Name: Jeffrey A. Cole
		 	Title: Assistant Vice President/Controller
	
	 GKC INDIANA THEATRES, INC.

		
	 By:
	 	/s/ Jeffery A. Cole
		 	Name: Jeffrey A. Cole
		 	Title: Assistant Vice President/Controller
	
	 GKC MICHIGAN THEATRES, INC.

		
	 By:
	 	/s/ Jeffery A. Cole
		 	Name: Jeffrey A. Cole
		 	Title: Assistant Vice President/Controller

  
 [Signature
Page to Carmike First Amendment] 

 
			
	GKC THEATRES, INC.
		
	 By:
	 	/s/ Jeffery A. Cole
		 	Name: Jeffrey A. Cole
		 	Title: Assistant Vice President/Controller
	
	 MILITARY SERVICES, INC.

		
	 By:
	 	/s/ Jeffery A. Cole
		 	Name: Jeffrey A. Cole
		 	Title: Assistant Vice President/Controller

  
 [Signature
Page to Carmike First Amendment] 

 
			
	MACQUARIE US TRADING, LLC, as Administrative
Agent
		
	 By:
	 	/s/ Mike McLaughlin
		 	Name: Mike McLaughlin
		 	Title: President
		
	 By:
	 	/s/ Ryan Seaholm
		 	Name: Ryan Seaholm
		 	Title: Assistant Secretary

  
 [Signature
Page to Carmike First Amendment] 

 
			
	 MIHI LLC,

as a Lender

		
	 By:
	 	/s/ Stephen Mehos
		 	Name: Stephen Mehos
		 	Title: Authorized Signatory
		
	 By:
	 	/s/ Andrew Underwood
		 	Name: Andrew Underwood
		 	Title: Authorized Signatory

  
 [Signature
Page to Carmike First Amendment] 

 Schedule 1 
 Landlord consents and other agreements and documents and other actions as may be required pursuant to Section 6.10 of the Credit Agreement in respect of the Rave Companies and their respective
properties.Supplemental Indenture relating to the 3.75% Convertible Senior Notes

 Exhibit 4.1 
 SUPPLEMENTAL INDENTURE 
 SUPPLEMENTAL INDENTURE (this “Supplemental
Indenture”), dated as of October 1, 2012, among RYMAN HOSPITALITY PROPERTIES, INC., a Delaware corporation (the “Successor Company”), the subsidiaries listed on the signature pages hereto (each a “Subsidiary
Guarantor”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized under the laws of the United States of America, as trustee (the “Trustee”). 

W I T N E S S E T H 
 WHEREAS, Gaylord Entertainment Company (the “Predecessor Company”), the Subsidiary Guarantors and the Trustee have heretofore entered into that certain Indenture dated as of
September 29, 2009, as heretofore amended (the “Original Indenture”), governing the Predecessor Company’s 3.75% Convertible Senior Notes due 2014 (the “Notes”); and 

WHEREAS, on the date of this Supplemental Indenture, the Predecessor Company has merged with and into the Successor Company, with the
Successor Company as the surviving entity (the “Merger”); and 
 WHEREAS, pursuant to Section 5.01(a) of
the Original Indenture, the Successor Company desires to enter into this Supplemental Indenture expressly assuming all of the Predecessor Company’s obligations under the Notes and the Original Indenture; and 

WHEREAS, this Supplemental Indenture is permitted under Section 9.01(b) of the Indenture, without the consent of the holders of the
Notes. 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which
is hereby acknowledged, the Successor Company, the Subsidiary Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows: 

1. CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Original
Indenture. 
 2. ASSUMPTION OF NOTES AND ORIGINAL INDENTURE. From and after the effective time of the Merger, the
Successor Company hereby expressly assumes all of the Predecessor Company’s obligations under the Notes and the Original Indenture. (The Original Indenture, as amended and supplemented by this Supplemental Indenture, is hereinafter referred to
as the “Indenture.”) 
 3. CONFIRMATION OF NOTE GUARANTEES. Each Subsidiary Guarantor, by its execution
of this Supplemental Indenture, hereby confirms that its Note Guarantee shall apply to the obligations of the Successor Company in accordance with the Notes and the Indenture. 

 4. CONVERSION INTO SHARES OF COMMON STOCK OF SUCCESSOR COMPANY. From and after the
effective time of the Merger, the Notes will, without the consent of any Noteholder, become convertible based on the type and amount of consideration that a holder of a number of shares of Common Stock equal to the principal amount of Notes, divided
by the Conversion Price, shall have received in the Merger. For the avoidance of doubt, from and after the date hereof, the Notes will be convertible into the same number of shares of the Common Stock, $0.01 par value, of the Successor Company
(“Successor Common Stock”), subject to adjustment as provided in the Indenture, on the same basis as the Notes were convertible into shares of Common Stock of the Predecessor Company prior to the effective date of the Merger, and
“Common Stock” shall be deemed to refer to Successor Common Stock. 
 5. NO OTHER CHANGES. Except as amended
and supplemented by this Supplemental Indenture, the Original Indenture shall continue in full force and effect. 
 6. NEW
YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS
OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 
 7. COUNTERPARTS. The parties may sign any number of copies of this
Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
 8.
EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof. 

9. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of
this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Issuers. 
 (signature page follows) 

  
 2 

 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written. 
  

			
	 SUCCESSOR COMPANY:

	
	 RYMAN HOSPITALITY PROPERTIES, INC.

		
	 By:
	 	 /s/ Mark Fioravanti

	 Name:
	 	 Mark Fioravanti

	 Title:
	 	 Chief Financial Officer

	
	 SUBSIDIARY GUARANTORS:

	
	 CCK HOLDINGS, LLC

	 COUNTRY MUSIC TELEVISION INTERNATIONAL, INC.

	 GAYLORD CREATIVE GROUP, INC.

	 GAYLORD DESTIN RESORTS, LLC

	 GAYLORD HOTELS, INC.

	 GAYLORD INVESTMENTS, INC.

	 GAYLORD NATIONAL, LLC

	 GAYLORD PROGRAM SERVICES, INC.

	 GRAND OLE OPRY, LLC

	 GRAND OLE OPRY TOURS, INC.

	 OLH HOLDINGS, LLC

	 OPRYLAND ATTRACTIONS, LLC

	 OPRYLAND HOSPITALITY, LLC

	 OPRYLAND HOTEL NASHVILLE, LLC

	 OPRYLAND HOTEL-TEXAS, LLC

	 OPRYLAND PRODUCTIONS, INC.

	 OPRYLAND THEATRICALS, INC.

	 WILDHORSE SALOON ENTERTAINMENT VENTURES, INC.

		
	 By:
	 	 /s/ Mark Fioravanti

	 Name:
	 	 Mark Fioravanti

	 Title:
	 	 Vice President

 
			
	OLH, G.P.
	
	By its General Partners:
	
	Gaylord Hotels, Inc., a general partner
		
	By:	 	 /s/ Mark Fioravanti

	Name:	 	 Mark Fioravanti

	Title:	 	 Vice President

	
	OLH Holdings, LLC, a general partner
		
	By:	 	 /s/ Mark Fioravanti

	Name:	 	 Mark Fioravanti

	Title:	 	 Vice President

	
	 OPRYLAND HOTEL-FLORIDA LIMITED

PARTNERSHIP

	
	By: Opryland Hospitality, LLC, its general partner
		
	By:	 	 /s/ Mark Fioravanti

	Name:	 	 Mark Fioravanti

	 Title:
	 	 Chief Financial Officer, Vice President and Treasurer

	
	 OPRYLAND HOTEL-TEXAS LIMITED PARTNERSHIP

	
	By: Opryland Hospitality, LLC, its general partner
		
	By:	 	 /s/ Mark Fioravanti

	Name:	 	 Mark Fioravanti

	Title:	 	 Chief Financial Officer, Vice President and Treasurer

 
			
	 TRUSTEE:

	
	 U.S. BANK NATIONAL ASSOCIATION,

as Trustee

		
	 By:
	 	 /s/ Raymond S. Haverstock

	 Name:
	 	 Raymond S. Haverstock

	 Title:
	 	 Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00208-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00208-of-00352.parquet"}]]