Document:

Amendment No. 12 to Credit Agreement

 Exhibit 10.3 
 AMENDMENT NO. 12 TO CREDIT AGREEMENT 
 This AMENDMENT NO. 12 TO CREDIT AGREEMENT
(“Amendment”) is entered into as of October 31, 2008, by and among SAVVIS Communications Corporation, a Missouri corporation (“Borrower”), SAVVIS, Inc. (f/k/a SAVVIS Communications Corporation), a Delaware
corporation (“Holdings”), Wells Fargo Foothill, Inc., as a Lender and as Agent for all Lenders (“Agent”) and the other Lenders party to the Credit Agreement (as hereinafter defined). 
 W I T N E S S E T H: 
 WHEREAS, Borrower, Holdings, Agent and Lenders are parties to that certain Credit Agreement, dated as of June 10, 2005 (as amended, modified and supplemented from time to time, the “Credit
Agreement”; capitalized terms not otherwise defined herein have the definitions provided therefore in the Credit Agreement); 
 WHEREAS, Borrower has informed Agent and Lenders that, on the date hereof, the UK Foreign Subsidiary and Holdings desire to enter into those certain (a) Asset Security Agreement among UK Foreign Subsidiary, Holdings and National
Westminster Bank, Plc (“NatWest”), (b) Deed of Guarantee, Priority and Acknowledgment among UK Foreign Subsidiary, Holdings, Borrower, NatWest and Lombard, and (c) Deed of Subordination and Postponement among NatWest,
Borrower and UK Foreign Subsidiary in the forms attached hereto as Exhibit A (the “UK Hedging Transaction”); 
 WHEREAS, Borrower has informed Agent and Lenders that it desires to amend the Credit Agreement in certain respects to among other things permit the UK Hedging Transaction, and Agent and Lenders have agreed to amend the Credit Agreement as
set forth herein; 
 NOW THEREFORE, in consideration of the mutual conditions and agreements set forth in the Credit Agreement and this
Amendment, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 1. Amendment. Subject to the satisfaction of the conditions set forth in Section 2 below, the Credit Agreement is amended as follows: 
 (a) Clause (b) of Section 2.1 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 (b) Anything to the contrary in this Section 2.1 notwithstanding, Agent shall have the right to establish reserves in such amounts, and with
respect to such matters, as Agent in its Permitted Discretion shall deem necessary or appropriate, against the Maximum Revolver Amount and/or Borrowing Base (provided however the reserves described in the following clauses (C), (D) and
(E) may only be applied against the Borrowing Base and not against the Maximum Revolver Amount), including reserves (i) with respect to (A) sums that Holdings, Borrower or any of their respective Subsidiaries is required to pay by any
Section of this 

 
Agreement or any other Loan Document (such as taxes, assessments, insurance premiums, or, in the case of leased assets, rents or other amounts payable under
such leases) and has failed to pay when due, (B) amounts owing by Holdings, Borrower or any of their respective Subsidiaries to any Person to the extent secured by a Lien (other than a Permitted Lien) on, or trust over, any of the Collateral,
which Lien or trust, in the Permitted Discretion of Agent likely would have a priority superior to the Agent’s Liens (such as Liens or trusts in favor of landlords, warehousemen, carriers, mechanics, materialmen, laborers, or suppliers, or
Liens or trusts for ad valorem, excise, sales, or other taxes where given priority under applicable law) in and to such item of the Collateral, (C) the results of Recurring Revenue appraisals (using a methodology consistent with the
methodology used by the Agent with respect to credit facilities agented by Agent that appraise Recurring Revenue) to the extent the net orderly liquidation value of such appraisals does not exceed the sum of the Maximum Revolver Amount, (D) any
change in the manner in which Borrower recognizes revenue or any change by Borrower in its billing practices and (E) any potential offsets or disputes with customers or other matters which Agent, in its Permitted Discretion, determines could
reasonably be expected to impair collections by Borrower of Recurring Revenues, (ii) after the occurrence and during the continuance of an Event of Default, with respect to such other matters, as Agent in its Permitted Discretion shall deem
necessary or appropriate, and (iii) with respect to the outstanding balance of the Subordinated B Debt (as defined in the UK Intercompany Subordination Agreements) owed by UK Foreign Subsidiary to Holdings and its Domestic Subsidiaries. The
amount of any reserve established by Agent shall bear a reasonable relationship to the events which is the basis for such reserve. 
 (b) A
new Section 5.18 is hereby added to the Credit Agreement as follows: 
 5.18 Treatment of Intercompany Loans re UK Foreign
Subsidiary. With respect to any and all payments by UK Foreign Subsidiary to Borrower in respect of intercompany loans or intercompany receivables, make and record such payments as payments in respect of intercompany loans or intercompany
receivables other than Subordinated B Debt (as defined in the UK Intercompany Subordination Agreements), whether or not such payments are so identified. 
 (c) Clause (e) of Section 6.1 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 (e) UK Indebtedness (including the UK Guaranty) and Indebtedness with respect to the UK Deed of Guarantee in the form of hedging obligations solely for interest rate hedging of the UK Indebtedness, 
 (d) Clause (n) of Section 6.1 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 (n) unsecured Indebtedness of the Subsidiaries of Holdings (other than UK Foreign Subsidiary) up to $25,000,000 in the aggregate for all such 

  

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Subsidiaries incurred solely for the purpose of foreign data center expansion including, but not limited to, the acquisition or build-out of required
leasehold improvements. 
 (e) Clause (b) of Section 7.2 of the Credit Agreement is hereby amended by inserting the phrase
“5.18” immediately following the reference to “5.11” therein. 
 (f) The following new defined terms are
hereby added to Schedule 1.1 of the Credit Agreement in their appropriate alphabetical order: 
 “Twelfth Amendment Effective
Date” means October 31, 2008. 
 “UK Deed of Guarantee” means that certain Deed of Guarantee, Priority and
Acknowledgement dated as of the Twelfth Amendment Effective Date by and among Lombard North Central Plc, National Westminster Bank, Plc, UK Foreign Subsidiary, Holdings and Borrower as in effect on the Twelfth Amendment Effective Date. 

“UK Intercompany Subordination Agreements” means (i) that certain Deed of Subordination and Postponement among NatWest, Borrower
and UK Foreign Subsidiary and (ii) that certain Deed of Subordination and Postponement dated June 27, 2008 by and among Lombard North Central Plc, UK Foreign Subsidiary and Borrower, in each case as in effect on the Twelfth Amendment
Effective Date. 
 (g) The following defined terms are hereby amended and restated in their entirety as follows: 
 “Intercreditor Agreement” means that certain Amended and Restated Intercreditor Agreement dated as of the Twelfth Amendment Effective
Date by and among Lombard North Central Plc, National Westminster Bank, Plc, the Agent, Holdings, Borrower and UK Foreign Subsidiary as in effect on the Twelfth Amendment Effective Date. 
 “UK Indebtedness” means the Indebtedness in a principal amount not to exceed £35,000,000 at any time outstanding of UK Foreign
Subsidiary pursuant to the UK Loan Agreement. 
 “UK Loan Agreement” means that certain Facility Agreement dated as of the
Ninth Amendment Effective Date by and among UK Foreign Subsidiary, Holdings and Lombard North Central Plc as in effect on the Ninth Amendment Effective Date. 
 “UK Guaranty” means the unsecured guarantee obligations of Holdings set forth in Section 7 of the UK Loan Agreement and Section 3 of the UK Deed of Guarantee. 
 (h) The definition of “Permitted Liens” set forth in Schedule 1.1 to the Credit Agreement is hereby amended by amending and restating clause
(n) therein as follows: 
  

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 (n) Liens securing the UK Indebtedness and the obligations owing under Hedge Agreements for interest rate
hedging of the UK Indebtedness so long as any such Lien attaches only to the Security Assets (as such term is defined in the UK Loan Agreement) and subject is to the Intercreditor Agreement. 
 2. Conditions to Effectiveness. The effectiveness of this Amendment is subject to the following conditions precedent (unless specifically waived
in writing by Agent), each to be in form and substance satisfactory to Agent: 
 (a) Agent shall have received a fully executed copy of this
Amendment, together with the Consent and Reaffirmation attached hereto; 
 (b) Borrower shall have delivered to Agent executed documentation
evidencing the UK Hedging Transaction, including, without limitation, the UK Deed of Guarantee; 
 (c) Borrower shall have delivered to Agent
a fully executed copy of an amendment to the Deed of Subordination and Postponement dated June 27, 2008 by and among Lombard North Central Plc, UK Foreign Subsidiary and Borrower; 
 (d) Borrower shall have delivered to Agent such other documents, agreements and instruments as may be requested or required by Agent in connection with
this Amendment, each in form and content acceptable to Agent; 
 (e) All proceedings taken in connection with the transactions contemplated
by this Amendment and all documents, instruments and other legal matters incident thereto shall be reasonably satisfactory to Agent and its legal counsel; and 
 (f) No Default or Event of Default shall have occurred and be continuing. 
 3. Miscellaneous.

 (a) Warranties and Absence of Defaults. In order to induce Agent to enter into this Amendment, each of Borrower and Holdings hereby
warrants to Agent, as of the date hereof, that the representations and warranties of Borrower and Holdings contained in the Credit Agreement are true and correct as of the date hereof as if made on the date hereof (other than those which, by their
terms, specifically are made as of certain dates prior to the date hereof). 
 (b) Expenses. Each of Borrower and Holdings, jointly
and severally, agree to pay on demand all costs and expenses of Agent in connection with the preparation, negotiation, execution, delivery and administration of this Amendment and all other instruments or documents provided for herein or delivered
or to be delivered hereunder or in connection herewith. All obligations provided herein shall survive any termination of the Credit Agreement as amended hereby. 
 (c) Governing Law. This Amendment shall be a contract made under and governed by the internal laws of the State of New York. 
  

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 (d) Counterparts. This Amendment may be executed in any number of counterparts, and by the parties
hereto on the same or separate counterparts, and each such counterpart, when executed and delivered, shall be deemed to be an original, but all such counterparts shall together constitute but one and the same Amendment. 
 4. Release. 
 (a) In consideration of
the agreements of Agent and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each of Borrower and Holdings, on behalf of itself and its successors, assigns, and
other legal representatives, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges Agent and Lenders, and their successors and assigns, and their present and former shareholders, affiliates, subsidiaries,
divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, each Lender and all such other Persons being hereinafter referred to collectively as the “Releasees” and individually as a
“Releasee”), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims,
defenses, rights of set-off, demands and liabilities whatsoever (individually, a “Claim” and collectively, “Claims”) of every name and nature, either known or suspected, both at law and in equity, which Borrower or
Holdings or any of their successors, assigns, or other legal representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever
which arises at any time on or prior to the day and date of this Amendment, including, without limitation, for or on account of, or in relation to, or in any way in connection with any of the Credit Agreement, or any of the other Loan Documents or
transactions thereunder or related thereto. 
 (b) Each of Borrower and Holdings understands, acknowledges and agrees that the release set
forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release.

 [Signature Page Follows] 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed under seal and
delivered by their respective duly authorized officers on the date first written above. 
  

	
	 SAVVIS COMMUNICATIONS CORPORATION,
 a
Missouri corporation, as Borrower

	
	By: /s/ Jeffrey H. VonDeylen
	Title: Chief Financial Officer
	
	 SAVVIS, INC.,
 a Delaware corporation, as Holdings

	
	By: /s/ Jeffrey H. VonDeylen
	Title: Chief Financial Officer

	
	 WELLS FARGO FOOTHILL, INC.,
 a California
corporation, as Agent and as a Lender

	
	By: /s/ Nichol Shuart
	Title: Vice President

			
	OHSF FINANCING, LTD., as a Lender
		
	By 	 	/s/ Scott D. Krase
	Title 	 	Authorized Signatory
	
	OHSF II FINANCING, LTD., as a Lender 
		
	By 	 	/s/ Scott D. Krase
	Title 	 	Authorized Signatory
	
	OAK HILL CREDIT OPPORTUNITIES FINANCING, LTD., as a Lender 
		
	By 	 	/s/ Scott D. Krase
	Title 	 	Authorized Signatory
	
	OAK HILL CREDIT ALPHA FINANCE I, LLC, as a Lender 
		
	        By:
	 	Oak Hill Credit Alpha Fund, L.P., its Member
		
	        By:
	 	Oak Hill Credit Alpha Gen Par, L.P., its General Partner
		
	        By:
	 	Oak Hill Credit Alpha MGP, LLC, its General Partner
		
	       By 	 	/s/ Scott D. Krase
	       Title 	 	Authorized Signatory
	
	OAK HILL CREDIT ALPHA FINANCE I (OFFSHORE), LTD., as a Lender 
		
	By 	 	/s/ Scott D. Krase
	Title 	 	Authorized Signatory

			
	 FIRST BANK BUSINESS CAPITAL, INC. f/k/a FB
 COMMERCIAL FINANCE, INC., as a Lender

		
	By 	 	/s/ Greg Nuitt
	Title 	 	Vice President

 CONSENT AND REAFFIRMATION 
 Each of the undersigned hereby (i) acknowledges receipt of a copy of the foregoing Amendment No. 12 to Credit Agreement (the
“Amendment”); (ii) consents to Borrower’s execution and delivery of the Amendment; (iii) agrees to be bound by the Amendment; and (iv) reaffirms that the Loan Documents to which it is a party (and its obligations
thereunder) shall continue to remain in full force and effect. Although each of the undersigned has been informed of the matters set forth herein and have acknowledged and agreed to same, each of the undersigned understands that Agent and Lenders
have no obligation to inform any of the undersigned of such matters in the future or to seek any of the undersigned’s acknowledgment or agreement to future amendments, waivers or consents, and nothing herein shall create such a duty.

 IN WITNESS WHEREOF, each of the undersigned has executed this Consent and Reaffirmation on and as of the date of the Amendment.

  

	
	 SAVVIS, INC., a Delaware corporation
  
 By: /s/ Jeffrey H. VonDeylen
 Title: Chief Financial
Officer

	
	 SAVVIS COMMUNICATIONS INTERNATIONAL, INC., a Delaware corporation
  
 By: /s/ Jeffrey H. VonDeylen
 Title: Chief Financial Officer

	
	 SAVVIS FEDERAL SYSTEMS, INC., a Delaware corporation 
  

By: /s/ Jeffrey H. VonDeylen
 Title: Chief Financial
OfficerDeed of Guarantee, Priority & Acknowledgement

 Exhibit 10.4 
 DATED 31 OCTOBER 2008 
 LOMBARD NORTH CENTRAL PLC 
 as Lender 
 SAVVIS UK Limited

 as Borrower 
 SAVVIS,
INC. 
 as Guarantor 
 SAVVIS COMMUNICATIONS CORPORATION 
 as Subordinated Lender 
 NATIONAL WESTMINSTER BANK PLC 
 as Hedge Counterparty 
 DEED OF GUARANTEE, PRIORITY AND ACKNOWLEDGEMENT 
 *berwin leighton paisner 
 Berwin Leighton Paisner LLP 
 Adelaide House London Bridge London EC4R 9HA 
 tel +44 (0)20 7760 1000 fax +44 (0)20 7760 1111 

 Contents 
  

					
	Clause	  	Name	  	Page
			
	 1
	  	Definitions	  	1
	 2
	  	Acknowledgements concerning Facility Agreement	  	2
	 3
	  	Guarantee	  	3
	 4
	  	Priority and Consent Arrangements between Lender And Natwest	  	5
	 5
	  	Miscellaneous	  	7
		
	 Execution Page
	  	8

 DATED 
 PARTIES

  

	(1)	LOMBARD NORTH CENTRAL PLC, a company incorporated under the laws of England and Wales with registered number 00337004 and having its registered office at 3 Princess Way,
Redhill, Surrey RH1 1NP (the “Lender”) 

  

	(2)	SAVVIS UK Limited, a company incorporated under the laws of England and Wales with registered number 03816299, and having its registered office at Eskdale Road, Winnersh
Triangle, Wokingham, Berkshire RG41 5TS (the “Borrower”) 

  

	(3)	SAVVIS, INC., a Delaware corporation (“SAVVIS, Inc”) 

  

	(4)	SAVVIS COMMUNICATIONS CORPORATION, a Missouri corporation (“SAVVIS Communications”) 

  

	(5)	NATIONAL WESTMINSTER BANK PLC, a company incorporated in England and Wales with registered number 009 29027 whose registered office is at 135 Bishopsgate, London EC2M 3UR
(“Natwest”) 

 BACKGROUND 
  

	(A)	The Lender and the Borrower entered into a term loan facility dated 27 June 2008 (the “Facility Agreement”) pursuant to which the Borrower was granted the
right, from time to time, to require the Lender to enter into interest rate swap arrangements in order to enable the Borrower to make fixed-rate interest payments in respect of the amount advanced under the Facility Agreement.

  

	 (B)
	 By a letter dated 5th September 2008 (the “Swap Letter”) the Lender, the Borrower and Natwest agreed that, notwithstanding the terms of the Facility Agreement, the Borrower and Natwest would enter into an interest rate swap arrangement for
the rate, period and profile set out therein. 

  

	(C)	In consideration of Natwest agreeing to enter into the ISDA Swap Agreement with the Borrower, and as security for the obligations of the Borrower thereunder: (i) the Borrower
and SAVVIS, Inc have agreed to execute a security document in favour of Natwest, substantially in the form of the Lombard Asset Security Agreement (as defined below); (ii) SAVVIS Communications has agreed with Natwest to postpone repayment of
certain of its intercompany loans to the Borrower on terms substantially in the form set out in Deed of Subordination and Postponement (as defined below); and (iii) SAVVIS, Inc has agreed to provide a guarantee to Natwest substantially in the
terms of the guarantee set out in the Facility Agreement. 

  

	(D)	The Lender and Natwest have agreed that, as between them, the priority of their claims in and to the security granted to each of them by the Borrower and SAVVIS, Inc. shall be as
set out in this Deed. 

 OPERATIVE PROVISIONS 
  

	1	DEFINITIONS 

 “Deed of Subordination and
Postponement” means an agreement dated 27 June 2008 and made between the Lender, the Borrower and SAVVIS 

  

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Communications pursuant to which SAVVIS Communications agreed to subordinate certain inter-company loans made by it to the Borrower. 
 “Group” has the meaning given to it in the Facility Agreement. 
 “Intercreditor Agreement” means an agreement dated 27 June 2008, as amended on or about the date hereof between (1) Lender;
(2) NatWest; (3) Wells Fargo Foothill Inc. (as agent) for all Senior Lenders and all Bank Product Providers (each as defined therein); and acknowledged by (1) SAVVIS Communications Corporation; (2) Guarantor; (3) SAVVIS
Communications International, Inc.; (4) SAVVIS Federal Systems Inc.; and (5) SAVVIS UK to regulate, inter alia, their relevant security interests (as amended by an agreement between all of the parties thereto, together with Natwest, on or
about the date of this Deed). 
 “ISDA Swap Agreement” means the 1992 ISDA Master Agreement dated as of 4 September 2008
and entered into between Natwest and the Borrower together with all Transactions (as defined therein) entered into between Natwest and the Borrower from time to time and whether before or after the date of this Deed. 
 “Lombard Asset Security Agreement” means an asset security agreement dated 27 June 2008 and entered into between the Lender, the
Borrower and SAVVIS, Inc. in connection with the Facility Agreement. 
 “Natwest Asset Security Agreement” means an asset
security agreement dated on or about the date of this Deed and entered into between Natwest, the Borrower and SAVVIS, Inc. in connection with the ISDA Swap Agreement. 
 “NatWest Deed of Subordination and Postponement” means an agreement dated on or about the date hereof and made between NatWest, the Borrower and SAVVIS Communications pursuant to which SAVVIS
Communications agreed to subordinate certain inter-company loans made by it to the Borrower. 
 “RBS Party” means either of
Lombard or Natwest (as appropriate) and “RBS Parties” shall mean both of them. 
 “Receiver” has the
meaning given to it in the Lombard Asset Security Agreement; 
 “Securities” means the Lombard Asset Security Agreement and
the Natwest Asset Security Agreement, the Deed of Subordination and Postponement and the Natwest Deed of Subordination and Postponement, and “Security” shall mean any of them. 
  

	2	ACKNOWLEDGEMENTS CONCERNING FACILITY AGREEMENT 

  

	2.1	The Lender and the Borrower agree that the entry by the Borrower and Natwest into the ISDA Swap Agreement is in substitution for the right of the Borrower to make an election under
clauses 9.4.2, 9.4.4, 9.4.5, 10.2 and 11.2 of the Facility Agreement for a period of three years from October 1, 2008. 

  

	2.2	For the avoidance of doubt, the Lender and the Borrower confirm that the rate of interest to be applied under Clause 9.1.2.2 of the Facility Agreement is fixed for a period of three
years during the Commercial Loan Period and the Power Loan Period at three-month LIBOR commencing on October 1, 2008. 

  

	2.3	The terms of this Deed and the Swap Letter are without prejudice to the Borrower’s obligations under Clause 12 of the Facility Agreement. 

  

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	2.4	The Borrower and Lender agree and confirm that the security constituted by the Natwest Asset Security Agreement shall be deemed to be a “Permitted Security Interest” under
the terms of the Facility Agreement. 

  

	2.5	The parties hereto agree that, save for any hedging arrangements entered into in connection with the indebtedness of the Borrower to the Lender under the Facility Agreement, no
other hedging arrangements between the Lender and the Borrower or Natwest and the Borrower shall be secured by the Natwest Security Agreement or the Lombard Asset Security Agreement. 

  

	3	GUARANTEE 

  

	3.1	Guarantee and indemnity 

 SAVVIS, Inc. irrevocably
and unconditionally: 
  

	3.1.1	 guarantees to Natwest the punctual performance by the Borrower of all the Borrower’s obligations under the ISDA Swap 

	     	 Agreement; 

  

	3.1.2	 undertakes with Natwest that, whenever the Borrower does not pay any amount when due under or in connection with the 

	     	 ISDA Swap Agreement, SAVVIS, Inc. shall immediately on demand pay that amount as if it were the principal obligor; and 

  

	3.1.3	 indemnifies Natwest immediately on demand against any cost, loss or liability suffered by Natwest, if any obligation guaranteed 

	     	 by it is or becomes unenforceable, invalid or illegal. The amount of the cost, loss or liability shall be equal to the amount which 

	    	 Natwest would otherwise have been entitled to recover. 

  

	3.2	Continuing guarantee 

 This guarantee is a
continuing guarantee and will extend to the ultimate balance of sums payable by the Borrower under the ISDA Swap Agreement, regardless of any intermediate payment or discharge in whole or in part. 
  

	3.3	Reinstatement 

 If any payment by or any discharge
given by Natwest (whether in respect of the obligations of the Borrower or any security for those obligations or otherwise) is avoided or reduced as a result of insolvency or any similar event: 
  

	3.3.1	 the liability of the Borrower shall continue as if the payment, discharge, avoidance or reduction had not occurred; and 

  

	3.3.2	 Natwest shall be entitled to recover the value or amount of that security or payment from the Borrower, as if the payment, 

	    	 discharge, avoidance or reduction had not occurred. 

  

	3.4	Waiver of defences 

 The obligations of SAVVIS,
Inc. under this Clause 3 will not be affected by any act, omission, matter or thing which, but for this Clause 3, would reduce, release or prejudice any of its obligations under this Clause 3 (without limitation and whether or not known to it or
Natwest) including: 
  

	3.4.1	 any time, waiver or consent granted to, or composition with, the Borrower or other person; 

  

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	3.4.2 the	release of any other person under the terms of any composition or arrangement with any creditor of any member of the 

	    	 Group; 

  

	3.4.3 the	taking, variation, compromise, exchange, renewal or release of, or refusal or neglect to perfect, take up or enforce, any 

	    	 rights against, or security over assets of, the Borrower or other person, or any non-presentation or non-observance of any 

	    	 formality or other requirement in respect of any instrument or any failure to realise the full value of any security; 

  

	3.4.4 any	incapacity or lack of power, authority or legal personality of or dissolution or change in the members or status of the 

	    	 Borrower or any other person; 

  

	3.4.5 any	amendment, novation, supplement, extension, restatement (however fundamental and whether or not more onerous) or 

	    	 replacement of the ISDA Swap Agreement or any other document or security including without limitation any change in the 

	    	 purpose of, any extension of or any increase in any facility or the addition of any new facility under the ISDA Swap Agreement 

	    	 or other document or security; 

  

	3.4.6 any	unenforceability, illegality or invalidity of any obligation of any person under the ISDA Swap Agreement or any other 

	    	 document or security; or 

  

	3.4.7 any	insolvency or similar proceedings. 

  

	3.5	Immediate recourse 

 SAVVIS, Inc. waives any right it may have of first requiring Natwest (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming
from SAVVIS, Inc. under this Clause 3. Subject to the terms of the Intercreditor Agreement, this waiver applies irrespective of any law or any provision of the ISDA Swap Agreement or the Natwest Security Agreement1 Document to the contrary. 
  

	3.6	Appropriations 

 Until all amounts which may be or
become payable by the Borrower under or in connection with the ISDA Swap Agreement have been irrevocably paid in full, Natwest (or any trustee or agent on its behalf) may: 
  

	3.6.1 refrain	from applying or enforcing any other moneys, security or rights held or received by Natwest (or any trustee or agent on 

	    	 its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against 

	    	 those amounts or otherwise) and SAVVIS, Inc. shall not be entitled to the benefit of the same; and 

  

	3.6.2 hold	in an interest-bearing suspense account any moneys received from SAVVIS, Inc. or on account of SAVVIS, Inc.’s liability 

	    	 under this Clause 3. 

  

	3.7	Deferral of SAVVIS, INC.’s rights 

  

	3.7.1 Until	all amounts which may be or become payable by the Borrower under or in connection with the ISDA Swap Agreement 

	    	  have been irrevocably paid in full and unless Natwest otherwise directs, SAVVIS, Inc. will not exercise any rights which it 

  

 4 

	 	 
may have by reason of performance by it of its obligations under the ISDA Swap Agreement: 

  

	 	(a)	to be indemnified by the Borrower; 

  

	 	(b)	to claim any contribution from any other guarantor of the Borrower’s obligations under the ISDA Swap Agreement; and/or 

  

	 	(c)	to take the benefit (in whole or in part and whether by way of subrogation or otherwise) of any rights of Natwest under the ISDA Swap Agreement or of any other guarantee or security
taken pursuant to, or in connection with, the ISDA Swap Agreement by Natwest. 

  

	3.7.2 If	SAVVIS, Inc. receives any benefit, payment or distribution in relation to such rights it shall hold that benefit, payment or 

	    	 distribution to the extent necessary to enable all amounts which may be or become payable to Natwest by the Borrower under or 

	    	 in connection with the ISDA Swap Agreement to be repaid in full on trust for Natwest and shall promptly pay or transfer the 

	    	 same to Natwest for application in accordance with Clause 4. 

  

	3.7.3 	Until all amounts which may be or become payable by the Borrower under or in connection with the ISDA Swap Agreement 

	    	 have been irrevocably paid in full or unless Natwest otherwise directs, SAVVIS, Inc. will not: 

  

	 	(a)	claim any amount which may be due to it from the Borrower in respect of a payment under this Clause 3; 

  

	 	(b)	take or enforce any security for any such amount or in any other way seek to have recourse in respect of any such amount against any of the Borrower’s assets;

  

	 	(c)	set-off such amount against any sum due from SAVVIS, Inc. to the Borrower; or 

  

	 	(d)	prove for such an amount against the Borrower or its assets upon the occurrence of any of the events set out in Clauses 30.10, 30.11 or 30.12 of the Facility Agreement.

  

	3.8	Additional security 

 This guarantee is in addition
to and is not in any way prejudiced by any other guarantee or security now or subsequently held by Natwest. 
  

	4	PRIORITY AND CONSENT ARRANGEMENTS BETWEEN LENDER AND NATWEST 

  

	4.1	In respect of all receipts, recoveries, and realisations arsing from the enforcement of the Securities or any part of them Lombard and Natwest shall rank pari passu and such
payments shall be applied in the following order: 

  

	 	(a)	first, to the payment of any Receiver’s remuneration and all outgoings, costs, charges, expenses, liabilities and payments ranking by statute for payment in priority to
the amount secured by the Securities; 

  

	 	(b)	 second, to each RBS Party a proportion of such remaining money or funds as the total outstanding obligations secured by the Securities held by such RBS Party
bears to the total amount of outstanding obligations secured by 

  

 5 

	 	 
the Securities until all such secured obligations of such RBS Party has been paid in full; and 

  

	 	(c)	third, to the payment to the Borrower, or to whomsoever may be lawfully entitled to receive the same or as a court of competent jurisdiction may direct, of any surplus then
remaining.  

  

	4.2	Once all and any obligations or liabilities due to an RBS Party in respect of which a Security has been granted have been fully and irrevocably and absolutely discharged, then the
other RBS Party shall have priority in all respects. 

  

	4.3	If either RBS Party shall receive any amount to which, pursuant to this Deed, it is not entitled (the “Receiving RBS Party”), then it shall pay that amount promptly to the
other RBS Party for application to the payment of the outstanding obligations of such RBS Party remaining unpaid and each RBS Party shall hold such sums in trust to give effect to the provisions of this Deed. The Borrower, SAVVIS, Inc. and SAVVIS
Communications each acknowledge that receipt by the Receiving RBS Party of an amount which it then pays to the other RBS Party pursuant to this Clause 4.4, shall not be treated by the Receiving RBS Party as an amount received by the Receiving RBS
Party for the purposes of reducing the amount owed to it. 

  

	4.4	The Securities shall be continuing securities for repayment to the RBS Parties of the money and liabilities thereby secured and the priority arrangements herein contained shall not
be affected by any fluctuations in the amount from time to time due owing or incurred by the Borrower, SAVVIS, Inc. or SAVVIS Communications to ether of the RBS Parties or by the existence at any time of a credit or nil balance on any relevant
account of the Borrower, SAVVIS, Inc. or SAVVIS Communications with either of the RBS Parties. 

  

	4.5	The RBS Parties shall consult and co-operate with each other to the intent (without any requirement) that: 

  

	4.5.1 the	Securities shall so far as practicable be enforced by the same method and at the same time; 

  

	4.5.2	 in the case of an appointment of a Receiver or Receivers by either RBS Party under its Security, the same person(s) shall (unless 

	    	 there is a conflict of interest) be appointed Receiver(s) by the other RBS Party (if that other RBS Party shall also make such an 

	    	 appointment). 

  

	4.6	If either RBS Party shall appoint a Receiver under its Security or make an application for the appointment of an administrator, or shall otherwise enforce or exercise its Security
it shall promptly give written notice thereof to the other RBS Party. 

  

	4.7	If either Party shall have any books or records of SAVVIS UK Limited, SAVVIS, Inc. or SAVVIS Communications in its possession, it will provide such access to those books or records
as may reasonably be required by any Receiver appointed by the other RBS Party. 

  

 6 

	4.8	If the Borrower, the Guarantor or SAVVIS Communications is or are required to obtain the consent of either of the RBS Parties under the Facility Agreement, the Securities or any
document entered into in connection therewith (other than the ISDA Swap Agreement), the RBS Parties agree that the consent of the Lender to such act or thing shall be deemed to be consent of both of the RBS Parties and none of the Borrower, the
Guarantor nor SAVVIS Communications need make any further enquiry of Natwest in connection with such act or thing. 

  

	4.9	The Lender agrees with Natwest that, prior to giving its consent as set out in Clause 4.8 above, it will where it reasonably believes that the giving of such consent may have any
adverse impact upon the security granted to Natwest under the Securities or as set out in this Deed, consult with Natwest and comply with all reasonable instructions given by Natwest in connection therewith and the Lender will, in any event, notify
Natwest of any consent given by the Lender under Clause 4.8. 

  

	5	Miscellaneous 

  

	5.1	Clauses 35 to 44 (inclusive) of the Facility Agreement shall be deemed to incorporated in this Deed as if set out in full herein, save that all references to :

  

	5.1.1 the	address, fax number and telex number (and the department or officer, if any, for whose attention the communication is to be 

	    	 made) of Natwest for any communication or document to be made or delivered under or in connection with the Finance 

	    	 Documents is 280 Bishopsgate, London EC2M 3RD, Fax No: 020 7085 5050, Attn: Swaps Administration or any substitute 

	    	 address, fax number, telex number or department or officer as the party may notify to the other party by not less than five 

	    	 business days’ notice; 

  

	5.1.2 the	term “Lender” shall be deemed to be references to both Natwest and the Lender (or either of them, as the context may 

	    	 require); 

  

	5.1.3 the	term “Finance Documents” shall be deemed to include a reference to this Deed, the Natwest Intercompany Subordination 

	    	 Agreement and the ISDA Swap Agreement; and 

  

	5.1.4 	the “Agreement” shall be deemed to refer to this Deed. 

 IN
WITNESS WHEREOF the parties have executed this DEED on the date set out above. 
  

 7 

 EXECUTION PAGE 
  

									
	Executed as a Deed and Delivered by	 		  	)	  		  	
	LOMBARD NORTH CENTRAL PLC	 		  	)	  		  	
	 acting by
	 	Director    	  	)	  		  	
	 and by
	 	Director/Secretary    	  	)	  		  	
		 		  	)	  		  	
	 	 	 	  	 	  	 /s/ Authorized Signatory
 Director
	  	 
					
	 	 	 	  	 	  	  
 Director/Secretary
	  	 
					
	Executed as a Deed and Delivered by	 		  	)	  		  	
	NATIONAL WESTMINSTER BANK PLC	 		  	)	  		  	
	 acting by
	 		  	)	  		  	
		 		  	)	  		  	
		 		  	)	  	 /s/ Geraint Rogers
	  	
	 	 	 	  	 	  	Authorised Signatory	  	 
					
	Executed as a Deed and Delivered by	 		  	)	  		  	
	SAVVIS UK LIMITED	 		  	)	  		  	
	 acting by
	 	Director    	  	)	  		  	
	 and by
	 	Director/Secretary    	  	)	  		  	
		 		  	)	  	/s/ Jeffrey H. VonDeylen	  	
		 		  		  	Director	  	
					
	 	 	 	  	 	  	 /s/ Gene DeFelice
 Director/Secretary
	  	 
				
	Executed as a Deed	  		  		  	
	by SAVVIS, INC.	  		  		  	
	a company incorporated in the State of Delaware	  		  		  	
	 acting by
                                         
            and
	  		  		  	
	                                         
being persons who in
	  		  	/s/ Jeffrey H. VonDeylen	  	
	 accordance with the laws that territory are acting
	  		  	Authorised Signatory	  	
	 under the authority of the company
	  		  		  	
					
		 		  		  	 /s/ Meredith M. Graham
 Authorised
Signatory
	  	

  

 8 

					
	 Executed as a Deed
 by SAVVIS
COMMUNICATIONS
 CORPORATION
 a company incorporated in
the State of Missouri
 acting by
                                         
         and
                                        
being persons who in
 accordance with the laws that territory are acting
 under the authority of the company
	  	 	  	  
 /s/ Jeffrey H. VonDeylen
 Authorised Signatory

	 	  	 	  	  
 /s/ Meredith M. Graham
 Authorised Signatory

  

 9 

 Deed of Priority and Amendment 
  
  
  
  
  

					
		 		 	 *berwin leighton paisner
  
 Berwin Leighton Paisner LLP
 Adelaide House London Bridge London EC4R
9HA
 tel +44 (0)20 7760 1000 fax +44 (0)20 7760 1111

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