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Exhibit 4.6

DESCRIPTION OF APOLLO INVESTMENT CORPORATION’S REGISTERED SECURITIES

The following description is based on relevant portions of the Maryland General Corporation Law and on our charter and bylaws. This summary is not necessarily complete, and we refer you to the Maryland General Corporation Law and our charter and bylaws for a more detailed description of the provisions summarized below, each of which is incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this Exhibit is a part. 

References herein to “Apollo Investment,” “we,” “us,” “our” and “Company” refer to Apollo Investment Corporation and not to any of its subsidiaries.

Capital Stock

Our authorized capital stock consists of 130,000,000 shares of stock, par value $0.001 per share, all of which is currently designated as common stock. Our common stock is quoted on The Nasdaq Global Select Market under the ticker symbol “AINV.” There are no outstanding options or warrants to purchase our stock, and no stock has been authorized for issuance under any equity compensation plans. Under Maryland law, our stockholders generally are not personally liable for our debts or obligations. 

Under our charter, our board of directors (“Board of Directors”) is authorized to classify and reclassify any unissued shares of stock into other classes or series of stock and to authorize the issuance of shares of stock without obtaining stockholder approval. As permitted by the Maryland General Corporation Law, our charter provides that the Board of Directors, without any action by our stockholders, may amend the charter from time to time to increase or decrease the aggregate number of shares of stock or the number of shares of stock of any class or series that we have authority to issue.

Common Stock

All shares of our common stock have equal rights as to earnings, assets, dividends and voting and, when they are issued, will be duly authorized, validly issued, fully paid and nonassessable. Distributions may be paid to the holders of our common stock if, as and when authorized by our Board of Directors and declared by us out of funds legally available therefor. Shares of our common stock have no preemptive, exchange, conversion or redemption rights and are freely transferable, except where their transfer is restricted by federal and state securities laws or by contract. In the event of a liquidation, dissolution or winding up of Apollo Investment, each share of our common stock would be entitled to share ratably in all of our assets that are legally available for distribution after we pay all debts and other liabilities and subject to any preferential rights of holders of our preferred stock, if any preferred stock is outstanding at such time. Except as may otherwise be specified in our charter, each share of our common stock is entitled to one vote on all matters submitted to a vote of stockholders, including the election of directors. Except as provided with respect to any other class or series of stock, the holders of our common stock will possess exclusive voting power. There is no cumulative voting in the election of directors, which means that, subject to our bylaws, holders of a majority of the outstanding shares of common stock can elect all of our directors, and holders of less than a majority of such shares will be unable to elect any director.

Preferred Stock

Our charter authorizes our Board of Directors to classify and reclassify any unissued shares of stock into other classes or series of stock, including preferred stock. Prior to issuance of shares of each class or series of preferred stock, the Board of Directors is required by Maryland law and by our charter to set the terms, preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends or other distributions, qualifications and terms or conditions of redemption for each class or series. Thus, the Board of Directors could authorize the issuance of shares of preferred stock with terms and conditions which could have the effect of delaying, deferring or preventing a transaction or a change in control that might involve a premium price for holders of our common stock or otherwise be in their best interest. You should note, however, that any issuance of preferred stock must comply with the requirements of the Investment Company Act of 1940, as amended (the “1940 Act”). The 1940 Act requires, among other things, that (1) immediately after issuance and before any dividend or other distribution is made with respect to our common stock and before any purchase of common stock is made, such preferred stock together with all other senior securities must not exceed an amount equal to approximately 67% of our total assets after such issuance and after deducting the amount of such dividend, distribution or purchase price, as the case may be, and (2) the holders of shares of preferred stock, if any are issued, must be entitled as a class to elect two directors at all times and to elect a majority of the directors if dividends on such preferred stock become in arrears by two years or more until the arrears are eliminated. 

Certain matters under the 1940 Act require the separate vote of the holders of any issued and outstanding preferred stock. For example, holders of preferred stock would vote separately from the holders of common stock on a proposal to cease operations as a business development company. We believe that the availability for issuance of preferred stock will provide us with increased flexibility in structuring future financings and acquisitions.

Limitation on Liability of Directors and Officers; Indemnification and Advance of Expenses

Maryland law permits a Maryland corporation to include in its charter a provision limiting the liability of its directors and officers to the corporation and its stockholders for money damages except for liability resulting from (a) actual receipt of an improper benefit or profit in money, property or services or (b) active and deliberate dishonesty that is material to a cause of action resulting in a final judgment adverse to the director. Our charter contains such a provision which eliminates directors’ and officers’ liability to the maximum extent permitted by Maryland law, subject to the requirements of the 1940 Act.

Maryland law requires a corporation (unless its charter provides otherwise, which our charter does not) to indemnify a director or officer who has been successful, on the merits or otherwise, in the defense of any proceeding to which he or she is made, or threatened to be made, a party by reason of his or her service in that capacity. Maryland law permits a corporation to indemnify its present and former directors and officers, among others, against judgments, penalties, fines, settlements and reasonable expenses actually incurred by them in connection with any proceeding to which they may be made, or threatened to be made, a party by reason of their service in those or other capacities unless it is established that (a) the act or omission of the director or officer was material to the matter giving rise to the proceeding and (1) was committed in bad faith or (2) was the result of active and deliberate dishonesty, (b) the director or officer actually received an improper personal benefit in money, property or services or (c) in the case of any criminal proceeding, the director or officer had reasonable cause to believe that the act or omission was unlawful. However, under Maryland law, a Maryland corporation may not indemnify for an adverse judgment in a suit by or in the right of the corporation or for a judgment of liability on the basis that a personal benefit was improperly received, unless in either case a court orders indemnification, and then only for expenses. In addition, Maryland law permits a corporation to advance reasonable expenses to a director or officer upon the corporation’s receipt of (a) a written affirmation by the director or officer of his or her good faith belief that he or she has met the standard of conduct necessary for indemnification by the corporation and (b) a written undertaking by him or her or on his or her behalf to repay the amount paid or reimbursed by the corporation if it is ultimately determined that the standard of conduct was not met.

Our charter authorizes us, to the maximum extent permitted by Maryland law and subject to the requirements of the 1940 Act, to obligate ourselves to indemnify any present or former director or officer or any individual who, while a director or officer and at our request, serves or has served another corporation, real estate investment trust, partnership, joint venture, trust, employee benefit plan or other enterprise as a director, officer, partner or trustee, from and against any claim or liability to which that person may become subject or which that person may incur by reason of his or her status as a present or former director or officer, and to pay or reimburse their reasonable expenses in advance of final disposition of a proceeding. Our bylaws obligate us, to the maximum extent permitted by Maryland law and subject to the requirements of the 1940 Act, to indemnify and advance expenses to any present or former director or officer or any individual who, while a director or officer and at our request, serves or has served another corporation, real estate investment trust, partnership, joint venture, trust, employee benefit plan or other enterprise as a director, officer, partner or trustee and who is made, or threatened to be made, a party to the proceeding by reason of his or her service in that capacity and to pay or reimburse their reasonable expenses in advance of final disposition of a proceeding. Our charter and bylaws also permit us to indemnify and advance expenses to any person who served a predecessor of us in any of the capacities described above and any of our employees or agents or any employees or agents of our predecessor, if any. In accordance with the 1940 Act, we will not indemnify any person for any liability to which such person would be subject by reason of such person’s willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his office.

Provisions of the Maryland General Corporation Law and Our Charter and Bylaws

Provisions of the Maryland General Corporation Law and of our charter and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock. The Maryland General Corporation Law, our charter and our bylaws contain provisions that may discourage, delay or make more difficult a change in control of Apollo Investment or the removal of our directors. In addition to the matters described below, we have adopted other measures pursuant to the Maryland General Corporation Law that may make it difficult for a third party to obtain control of us, including provisions of our charter authorizing our Board of Directors to classify or reclassify shares of our stock in one or more classes or series, to cause the issuance of additional shares of our stock, and to amend our charter, without stockholder approval, to increase or decrease the number of shares of stock that we have authority to issue. These provisions, as well as other provisions of our charter and bylaws, may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of our stockholders.

Classified Board of Directors

Our Board of Directors is divided into three classes of directors serving staggered three-year terms. At each annual meeting of our stockholders, the successors to the class of directors whose terms expire at such meeting will be elected to hold office for a term expiring at the annual meeting of stockholders held in the third year following the year of their election. Each director holds office for the term to which he or she is elected and until his or her successor is duly elected and qualifies. A classified board of directors may render a change in control of us or removal of our incumbent management more difficult. We believe, however, that the longer time required to elect a majority of a classified board of directors will help to ensure the continuity and stability of our management and policies.

Election of Directors

Our charter provides that the affirmative vote of the holders of a majority of the shares of stock outstanding and entitled to vote in the election of directors will be required to elect a director, unless our bylaws provide otherwise. Our bylaws provide that a nominee for director shall be elected as a director only if such nominee receives the affirmative vote of a majority of the total votes cast for and affirmatively withheld as to such nominee at a meeting of stockholders duly called and at which a quorum is present, unless there is a contested election, in which case, directors will be elected by a plurality of the votes cast.

Number of Directors; Vacancies; Removal

Our charter provides that the number of directors will be set only by the Board of Directors in accordance with our bylaws. Our bylaws provide that a majority of our entire Board of Directors may at any time increase or decrease the number of directors. However, unless our bylaws are amended, the number of directors may never be less than four nor more than ten. Pursuant to Section 3-802(b) of the Maryland General Corporation Law, we have elected in our charter to be subject to Section 3-804(c) of the Maryland General Corporation Law regarding the filling of vacancies on the Board of Directors. Accordingly, except as may be provided by the Board of Directors in setting the terms of any class or series of preferred stock, any and all vacancies on the Board of Directors may be filled only by the affirmative vote of a majority of the remaining directors in office, even if the remaining directors do not constitute a quorum, and any director elected to fill a vacancy will serve for the remainder of the full term of the directorship in which the vacancy occurred and until a successor is elected and qualifies, subject to any applicable requirements of the 1940 Act.

Our charter provides that a director may be removed only for cause, as defined in our charter, and then only by the affirmative vote of at least two-thirds of the votes entitled to be cast in the election of directors.

Action by Stockholders

Under the Maryland General Corporation Law, stockholder action can be taken only at an annual or special meeting of stockholders or by unanimous written consent in lieu of a meeting unless the charter provides for a lesser percentage (which our charter does not). These provisions, combined with the requirements of our bylaws regarding the calling of a stockholder-requested special meeting of stockholders discussed below, may have the effect of delaying consideration of a stockholder proposal until the next annual meeting.

Advance Notice Provisions for Stockholder Nominations and Stockholder Proposals

Our bylaws provide that with respect to an annual meeting of stockholders, nominations of persons for election to the Board of Directors and the proposal of business to be considered by stockholders may be made only (1) pursuant to our notice of the meeting, (2) by or at the direction of the Board of Directors or (3) by a stockholder who is entitled to vote at the meeting and who has complied with the advance notice procedures of the bylaws. With respect to special meetings of stockholders, only the business specified in our notice of the meeting may be brought before the meeting. Nominations of persons for election to the Board of Directors at a special meeting may be made (1) by or at the direction of the Board of Directors or (2) provided that, the special meeting has been called for the purpose of electing directors, by a stockholder who is entitled to vote at the meeting and who has complied with the advance notice provisions of the bylaws.

The purpose of requiring stockholders to give us advance notice of nominations and other business is to afford our Board of Directors a meaningful opportunity to consider the qualifications of the proposed nominees and the advisability of any other proposed business and, to the extent deemed necessary or desirable by our Board of Directors, to inform stockholders and make recommendations about such qualifications or business, as well as to provide a more orderly procedure for conducting meetings of stockholders. Although our bylaws do not give our Board of Directors any power to disapprove stockholder nominations for the election of directors or proposals recommending certain action, they may have the effect of precluding a contest for the election of directors or the consideration of stockholder proposals if proper procedures are not followed and of discouraging or deterring a third party from conducting a solicitation of proxies to elect its own slate of directors or to approve its own proposal without regard to whether consideration of such nominees or proposals might be harmful or beneficial to us and our stockholders.

Calling of Special Meetings of Stockholders

Our bylaws provide that special meetings of stockholders may be called by our Board of Directors and certain of our officers. Additionally, our bylaws provide that, subject to the satisfaction of certain procedural and informational requirements by the stockholders requesting the meeting, a special meeting of stockholders will be called by our secretary upon the written request of stockholders entitled to cast not less than a majority of all the votes entitled to be cast at such meeting.

Approval of Extraordinary Corporate Action; Amendment of Charter and Bylaws

Under Maryland law, a Maryland corporation generally cannot dissolve, amend its charter, merge, sell all or substantially all of its assets, engage in a share exchange or engage in similar transactions outside the ordinary course of business, unless approved by the affirmative vote of stockholders entitled to cast at least two-thirds of the votes entitled to be cast on the matter. However, a Maryland corporation may provide in its charter for approval of these matters by a lesser percentage, but not less than a majority of all of the votes entitled to be cast on the matter. Our charter generally provides for approval of charter amendments and extraordinary transactions by the stockholders entitled to cast at least a majority of the votes entitled to be cast on the matter. Our charter also provides that certain charter amendments and any proposal for our conversion, whether by merger or otherwise, from a closed-end company to an open-end company or any proposal for our liquidation or dissolution requires the approval of the stockholders entitled to cast at least 80 percent of the votes entitled to be cast on such matter. However, if such amendment or proposal is approved by at least two-thirds of our continuing directors (in addition to approval by our Board of Directors), such amendment or proposal may be approved by a majority of the votes entitled to be cast on such a matter. The “continuing directors” are defined in our charter as our current directors as well as those directors whose nomination for election by the stockholders or whose election by the directors to fill vacancies is approved by a majority of the continuing directors then on the Board of Directors. The holders of any preferred stock outstanding would have a separate class vote on any conversion to an open-end company.

Our charter and bylaws provide that the Board of Directors will have the exclusive power to adopt, alter or repeal any provision of our bylaws and to make new bylaws.

No Appraisal Rights

Except with respect to appraisal rights arising in connection with the Maryland Control Share Acquisition Act discussed below, as permitted by the Maryland General Corporation Law, our charter provides that stockholders will not be entitled to exercise appraisal rights unless the Board of Directors, upon the affirmative vote of a majority of the entire Board of Directors, shall determine that such rights shall apply.

Control Share Acquisitions

We are subject to Subtitle 7 or Title 3 of the Maryland General Corporation Law, the Maryland Control Share Acquisition Act. Our bylaws currently exempt from the Maryland Control Share Acquisition Act acquisitions of our common stock by any person. If we amend our bylaws to repeal the exemption from the Control Share Acquisition Act, the Control Share Acquisition Act may make it more difficult for a third party to obtain control of us and increase the difficulty of consummating such an offer. The Maryland Control Share Acquisition Act provides that control shares of a Maryland corporation acquired in a control share acquisition have no voting rights except to the extent approved by a vote of two-thirds of the votes entitled to be cast on the matter. Shares owned by the acquirer, by officers or by directors who are employees of the corporation are excluded from shares entitled to vote on the matter. Control shares are voting shares of stock which, if aggregated with all other shares of stock owned by the acquirer or in respect of which the acquirer is able to exercise or direct the exercise of voting power (except solely by virtue of a revocable proxy), would entitle the acquirer to exercise voting power in electing directors within one of the following ranges of voting power:

•one-tenth or more but less than one-third;
•one-third or more but less than a majority; or
•a majority or more of all voting power

The requisite stockholder approval must be obtained each time an acquirer crosses one of the thresholds of voting power set forth above. Control shares do not include shares the acquiring person is then entitled to vote as a result of having previously obtained stockholder approval. A control share acquisition means the acquisition of control shares, subject to certain exceptions.

A person who has made or proposes to make a control share acquisition may compel the Board of Directors of the corporation to call a special meeting of stockholders to be held within 50 days of demand to consider the voting rights of the shares. The right to compel the calling of a special meeting is subject to the satisfaction of certain conditions, including an undertaking to pay the expenses of the meeting. If no request for a meeting is made, the corporation may itself present the question at any stockholders’ meeting.

If voting rights are not approved at the meeting or if the acquiring person does not deliver an acquiring person statement as required by the statute, then the corporation may repurchase for fair value any or all of the control shares, except those for which voting rights have previously been approved. The right of the corporation to repurchase control shares is subject to certain conditions and limitations, including, as provided in our bylaws, compliance with the 1940 Act. Fair value is determined, without regard to the absence of voting rights for the control shares, as of the date of the last control share acquisition by the acquirer or of any meeting of stockholders at which the voting rights of the shares are considered and not approved. If voting rights for control shares are approved at a stockholders’ meeting and the acquirer becomes entitled to vote a majority of the shares entitled to vote, all other stockholders may exercise appraisal rights. The fair value of the shares as determined for purposes of appraisal rights may not be less than the highest price per share paid by the acquirer in the control share acquisition.

The Maryland Control Share Acquisition Act does not apply (a) to shares acquired in a merger, consolidation or share exchange if the corporation is a party to the transaction or (b) to acquisitions approved or exempted by the charter or bylaws of the corporation.

Our bylaws contain a provision exempting from the Maryland Control Share Acquisition Act any and all acquisitions by any person of our shares of stock. There can be no assurance that such provision will not be amended or eliminated at any time in the future. However, we will amend our bylaws to be subject to the Maryland Control Share Acquisition Act only if the Board of Directors determines that it would be in our best interests based on our determination that our being subject to the Maryland Control Share Acquisition Act does not conflict with the 1940 Act.

Business Combinations

We are subject to Subtitle 6 of Title 3 of the Maryland General Corporation Law, the Maryland Business Combination Act, subject to any applicable requirements of the 1940 Act. Pursuant to the Maryland Business Combination Act, “business combinations” between a Maryland corporation and an interested stockholder or an affiliate of an interested stockholder are prohibited for five years after the most recent date on which the interested stockholder becomes an interested stockholder. “Business combinations” include a merger, consolidation, share exchange or, in circumstances specified in the statute, an asset transfer or issuance or reclassification of equity securities. An interested stockholder is defined as:
•any person who beneficially owns 10% or more of the voting power of the corporation's shares; or
•an affiliate or associate of the corporation who, at any time within the two-year period to the date in question, was the beneficial owner of 10% or more of the voting power of the then outstanding voting stock of the corporation. 
A person is not an interested stockholder under this statute if the Board of Directors approved in advance the transaction by which the person otherwise would have become an interested stockholder. However, in approving a transaction, the Board of Directors may provide that its approval is subject to compliance, at or after the time of approval, with any terms and conditions determined by the board of directors.

After the five-year prohibition, any business combination between the corporation and an interested stockholder generally must be recommended by the Board of Directors of the corporation and approved by the affirmative vote of at least:
•80% of the votes entitled to be cast by holders of outstanding shares of voting stock of the corporation: and
•two-thirds of the votes entitled to be cast by holders of voting stock of the corporation other than shares held by the interested stockholder with whom or with whose affiliate the business combination is to be effected or held by an affiliate or associate of the interested stockholder.
These super-majority vote requirements do not apply if the corporation’s common stockholders receive a minimum price, as defined under Maryland law, for their shares in the form of cash or other consideration in the same form as previously paid by the interested stockholder for its shares.

The statute permits various exemptions from its provisions, including business combinations that are exempted by the Board of Directors before the time that the interested stockholder becomes an interested stockholder. Our Board of Directors has adopted a resolution that any business combination between us and any other person is exempted from the provisions of the Business Combination Act, provided that the business combination is first approved by the Board of Directors, including a majority of the directors who are not interested persons as defined in the 1940 Act. This resolution, however, may be altered or repealed in whole or in part at any time. If this resolution is repealed, or the Board of Directors does not otherwise approve a business combination, the statute may discourage others from trying to acquire control of us and increase the difficulty of consummating any offer.

Subtitle 8 of Title 3 of the Maryland General Corporation Law

We are subject to Subtitle 8 of Title 3 of the Maryland General Corporation Law. Subtitle 8 permits Maryland corporations with a class of equity securities registered under the Exchange Act and at least three independent directors to elect to be subject, by provision in its charter or bylaws or a resolution of its board of directors and notwithstanding any contrary provision in the charter or bylaws, to any or all of the following five provisions: a classified board; a two-thirds stockholder vote requirement for removing a director; a requirement that the number of directors be fixed only by vote of the directors; a requirement that a vacancy on the board be filled only by the remaining directors and for the remainder of the full term of the class of directors in which the vacancy occurred; and a requirement that the request of the holders of at least a majority of all votes entitled to be cast shall be necessary to call a special meeting of stockholders. Through provisions in our charter and bylaws, some unrelated to Subtitle 8, we already include provisions classifying our Board of Directors in three classes serving staggered three-year terms; require the affirmative vote of the holders of not less than two-thirds of all of the votes entitled to be cast on the matter for the removal of any director from the board, which removal is allowed only for cause; vest in the board the exclusive power to fix the number of directorships, subject to limitations set forth in our charter and bylaws, and fill vacancies; and require the written request of stockholders entitled to cast not less than a majority of all votes entitled to be cast at such meeting to call a stockholder -initiated special meeting.

Conflict with 1940 Act

Our bylaws provide that, if and to the extent that any provision of the Maryland General Corporation Law, including the Control Share Acquisition Act (if we amend our bylaws to be subject to such act) and the Business Combination Act, or any provision of our charter or bylaws conflicts with any provision of the 1940 Act, the applicable provision of the 1940 Act will control.

Sales of Common Stock Below Net Asset Value

If we seek and receive approval from our stockholders authorizing us, in one or more public or private offerings of our common stock, to sell or otherwise issue shares of our common stock at a price below our then current net asset value (“NAV”) per share, such sale would be subject to the following conditions:
•a majority of our independent directors who have no financial interest in the sale have approved the sale;
•a majority of such directors, who are not interested persons of Apollo Investment, in consultation with the underwriter or underwriters of the offering if it is to be underwritten, have determined in good faith, and as of a time immediately prior to the first solicitation by or on behalf of Apollo Investment of firm commitments to purchase such securities or immediately prior to the sale of such securities, that the price at which such securities are to be sold is not less than a price which closely approximates the market value of those securities, less any underwriting commission or discount; and

•the number of shares sold pursuant to such authority does not exceed 25% of our then outstanding common stock immediately prior to each such sale.
If we seek and receive such approval, there will be no maximum level of discount from NAV at which we may sell shares pursuant to such authority.Exhibit 10.1

  

  

  

  
    

    

    SECOND AMENDMENT TO 2022 REVOLVING CREDIT AGREEMENT

    

    

    This SECOND
        AMENDMENT TO 2022 REVOLVING CREDIT AGREEMENT (this “Amendment”), dated as of May 15, 2020, is entered into by and among (a) THE TJX COMPANIES, INC., a Delaware corporation (the “Borrower”), (b) U.S. BANK NATIONAL ASSOCIATION, as
      administrative agent (the “Administrative Agent”), and (c) each of the Lenders party hereto.

    

    

    WHEREAS, the
      Borrower, the Lenders and the Administrative Agent are parties to that certain 2022 Revolving Credit Agreement, dated as of March 11, 2016 (as amended by the First Amendment to 2022 Revolving Credit Agreement dated as of May 10, 2019 and as otherwise
      modified from time to time (the “Credit Agreement”)), pursuant to which the Lenders, upon the terms and conditions set forth therein, have agreed to make Loans
      (as defined therein) to the Borrower;

    

    

    WHEREAS, the
      Borrower has requested and the Required Lenders and the Administrative Agent are willing to amend the Credit Agreement as more fully provided herein; and

    

    

    NOW, THEREFORE,
      in consideration of the mutual agreements contained herein and in the Credit Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

    

    

    Section 1.     Defined Terms.  Capitalized terms used but not defined herein shall have the same meanings herein as in the Credit Agreement, as amended hereby.

    

    

    Section 2.     Amendments to the Credit Agreement. Subject to the satisfaction of the conditions set forth in Section 5 of this Amendment, the Credit Agreement is hereby amended as follows:

    

    

    (a)     Amendments to Defined Terms. (i)  Section 1.01 of
        the Credit Agreement is hereby amended by amending and restating the following defined terms as set forth below:

     

    “Bail-In Action” means the
      exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.

     

    “Bail-In Legislation”
      means (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country
      from time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) any other law, regulation or rule applicable in the
      United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings).

     

    
      
        

    

    
     “Consolidated Total Assets”
      means, as of the date of any determination thereof, the total assets of the Borrower and its Subsidiaries on a consolidated basis determined in accordance with GAAP, but excluding the amount of Operating Lease “right-of-use assets” under GAAP, in
      each case, as set forth on the balance sheet included in the financial statements most recently delivered pursuant to Section 6.01(a) or 6.01(b).

     

    “Eurodollar Base Rate”
      means, for any Interest Period, the rate per annum equal to LIBOR as administered by ICE Benchmark Administration (or any other Person that takes over the administration of such rate) appearing on the applicable Reuters Screen (or on any successor or
      substitute page on such screen) at approximately 11:00 a.m., London time, two London Banking Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to
      such Interest Period.  If such rate is not available at such time for any reason, then the “Eurodollar Base Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars
      for delivery on the first day of such Interest Period in same day funds in the approximate amount of the Eurodollar Rate Loan being made, continued or converted by the Administrative Agent and with a term equivalent to such Interest Period would be offered by the Administrative Agent’s London branch to major banks in the London interbank eurodollar market at their request at approximately 11:00 a.m.
      (London time) two London Banking Days prior to the commencement of such Interest Period; provided that, if the Eurodollar Base Rate shall be less than 0.75%,
      such rate shall be deemed to be 0.75% for the purposes of this Agreement.

     

    “Leverage Ratio” means,
      with respect to the last day of any fiscal quarter, the ratio of:

     

    (i)     Funded Debt of the Borrower and its Subsidiaries on a consolidated basis on such day,

     

    to

     

    (ii)    EBITDAR of the Borrower and its Subsidiaries on a consolidated basis for the Test Period ending on such day;

     

    provided,
      that (a) solely for the purposes of calculating the Leverage Ratio for the Test Period ending on May 1, 2021, EBITDAR of the Borrower and its Subsidiaries on a consolidated basis for such Test Period shall be multiplied by two; and (b) solely for the
      purposes of calculating the Leverage Ratio for the Test Period ending on July 31, 2021, EBITDAR of the Borrower and its Subsidiaries on a consolidated basis for such Test Period shall be multiplied by 4/3.

     

    “Test Period” means at any
      time, the most recent period of four consecutive fiscal quarters of the Borrower ended on or prior to such time, except that (a) solely for the purposes of calculating EBITDAR for the Test Period ending on May 1, 2021, Test Period shall mean the two
      consecutive fiscal quarter period then ended, and (b) solely for the purposes of calculating EBITDAR for the Test Period ending on July 31, 2021, Test Period shall mean the three consecutive fiscal quarter period then ended.

     

    
      2

      
        

    

    “Write-Down and Conversion Powers”
      means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion
      powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of
      any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or
      instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.

     

     (ii)     Section
        1.01 of the Credit Agreement is hereby amended by adding the following definitions in alphabetical order:

     

    “Affected Financial Institution”
      means (a) any EEA Financial Institution or (b) any UK Financial Institution.

     

    “Benchmark Replacement”
      means the sum of: (a) an alternate benchmark rate that has been selected by the Administrative Agent in consultation with the Borrower  giving due consideration to (i) any selection or recommendation of a replacement rate or the mechanism for
      determining such a rate by the Relevant Governmental Body and (ii) any evolving or then-prevailing market convention for determining a rate of interest as a replacement to LIBOR for U.S. syndicated credit facilities denominated in Dollars that are
      substantially similar to the credit facilities under this Agreement and (b) the Benchmark Replacement Adjustment; provided that, if the Benchmark Replacement as so determined would be less than 0.75%, the Benchmark Replacement will be deemed to be
      0.75% for the purposes of this Agreement.

     

    “Benchmark Replacement Adjustment”
      means, with respect to any replacement under this Agreement of LIBOR with an alternative benchmark rate, for each applicable Interest Period,  the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a
      positive or negative value or zero) that has been selected by the Administrative Agent in consultation with the Borrower  giving due consideration to (a) any selection or recommendation of a spread adjustment, or method for calculating or determining
      such spread adjustment, for the replacement of LIBOR with an alternative benchmark rate by the Relevant Governmental Body and (b) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or
      determining such spread adjustment, for the replacement of LIBOR with an alternative benchmark rate at such time for U.S. syndicated credit facilities denominated in Dollars that are substantially similar to the credit facilities under this
      Agreement.

     

    “Benchmark Replacement Conforming
          Changes” means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,”  the definition of “Interest Period,” timing and frequency of
      determining rates and making payments of interest and other administrative matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration
      thereof by the Administrative Agent in a manner substantially consistent with then-prevailing market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the
      Administrative Agent determines that no market practice for the administration of the Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the
      administration of this Agreement).

     

    
      3

      
        

    

    “Benchmark Replacement Date”
      means the earliest to occur of the following events with respect to LIBOR:

     

    (a)     in the
        case of clauses (ii), (iii) or (iv) of Section 3.03(b), the later of:

     

    (i)     the date
        of the public statement or publication of information referenced therein and

     

    (ii)    the date
        on which the administrator of LIBOR permanently or indefinitely ceases to provide LIBOR;

     

    (b)     in the
        case of clause (i) of Section 3.03(b), the earlier of

     

    (i)     the date
        of the public statement or publication of information referenced therein; and

     

    (ii)    the date
        specified by the Administrative Agent or the Required Lenders, as applicable, by notice to the Borrower, the Administrative Agent (in the case of such determination and notice by the Required Lenders) and the Lenders; or

     

    (c)     in the
        case of clause (v) of Section 3.03(b), the date specified by the Administrative Agent or the Required Lenders, as applicable, by notice to the Borrower, the Administrative Agent (in the case of such determination and notice by the Required Lenders)
        and the Lenders.

     

    “Benchmark Transition Event”
      is defined in Section 3.03(b).

     

    “Benchmark Unavailability Period”
      means, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to LIBOR and solely to the extent that LIBOR has not been replaced hereunder with a Benchmark Replacement, the period (y) beginning at the
      time that such Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced LIBOR for all purposes under this Agreement and the other Loan Documents in accordance with Section 3.03(b) and (z) ending at the time that
      a Benchmark Replacement has replaced LIBOR for all purposes under this Agreement and the other Loan Documents pursuant to Section 3.03(b).

     

    “Cash Equivalents” means
      cash equivalents determined in a manner consistent with the reporting thereof by the Borrower in the Borrower’s Annual Report on Form 10-K for the fiscal year ended February 1, 2020.

     

    “Federal Reserve Bank of New York’s
          Website” means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org, or any successor source.

     

    “LIBOR” means the London
      interbank offered rate.

     

    
      4

      
        

    

    “Liquidity” means, as of
      any date of determination, the sum of (a) the unused Aggregate Commitments hereunder and under and as defined in the 2024 Revolving Credit Agreement, plus (b)
      the aggregate amount of cash and Cash Equivalents of the Borrower and its Subsidiaries at such date that is not designated as restricted on the consolidated balance sheet of the Borrower and its Subsidiaries in accordance with GAAP.

     

    “Relevant Governmental Body”
      means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.

     

    “Resolution Authority”
      means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

     

     “Second Amendment Effective Date”
      means May 15, 2020, the effective date of the Second Amendment to this Agreement.

     

    “UK Financial Institution”
      means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from
      time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

     

    “UK Resolution Authority”
      means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

     

    “Usage Fee” means (a) for
      each day on which the sum of Total Outstandings under this Agreement plus Total Outstandings (as defined in the 2024 Revolving Credit Agreement) under the
      2024 Revolving Credit Agreement exceeds $333,333,333.00, but is less than $666,666,666.00, a fee at a rate of 12.5 basis points per annum, to be paid on the Total Outstandings, and (b) for each day on which the sum of Total Outstandings under this
      Agreement plus Total Outstandings (as defined in the 2024 Revolving Credit Agreement) under the 2024 Revolving Credit Agreement equals or exceeds
      $666,666,666.00, a fee at a rate of 25.0 basis points per annum, to be paid on the Total Outstandings.

    

    

    (iii) Section 1.01 of the Credit Agreement is hereby amended by deleting the defined term “LIBOR Successor Rate”.

    

    

    (b)  Article 1 of the Credit Agreement is hereby amended by inserting the following new Section 1.08:

    

    

    1.08.  LIBOR
        Notification. The interest rate on Eurodollar Rate Loans is determined by reference to the Eurodollar Base Rate which is derived from LIBOR. Section 3.03(b) provides a mechanism for (a) determining an alternative rate of interest if LIBOR is
      no longer available or in the other circumstances set forth in Section 3.03(b) and (b) modifying this Agreement to give effect to such alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility for, and shall
      not have any liability with respect to, the administration, submission or any other matter related to LIBOR or other rates in the definition of Eurodollar Base Rate  or with respect to any alternative or successor rate thereto, or replacement rate
      thereof, including without limitation, whether any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 3.03(b), will have the same value as, or be economically equivalent to, the Eurodollar
      Base Rate.

    

    

    
      5

      
        

    

    (c) Section 2.10 of the Credit Agreement is hereby amended by inserting the following new subsection 2.10(c):

    

    

    (c)  Usage Fee. The
      Borrower agrees to pay to the Administrative Agent for the accounts of the Lenders, pro rata based on the Applicable Percentages, the applicable Usage Fee on the Total Outstandings, for each day on which the sum of Total Outstandings plus Total Outstandings (as defined in the 2024 Revolving Credit Agreement) under the 2024 Revolving Credit Agreement, exceeds $333,333,333. The Usage Fee shall
      accrue commencing on the Second Amendment Effective Date and shall be due and payable in arrears on the last Business Day of each March, June, September and December (and the Maturity Date) for the immediately preceding calendar quarter (or portion
      thereof) (each such calendar quarter or portion thereof for which the Usage Fee is payable hereunder being herein referred to as a “Usage Fee Calculation Period”),

      beginning with the first of such dates to occur after the Closing Date.  The Usage Fee shall be calculated for actual days elapsed on the basis of a 360-day year.

    

    

    (d)  Section 3.03 of the Credit Agreement is hereby amended and restated as set forth below:

    

    

    3.03.  Availability of Types of Borrowings; Adequacy of Interest Rate.

    

    

    (a)     Notwithstanding

        anything to the contrary in this Agreement or any other Loan Document, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Required Lenders notify the Administrative Agent that the Required
        Lenders have determined, that:

    

    

    (i)     deposits of a type and maturity appropriate to match fund Eurodollar Rate Loans are not available to such Lenders in the relevant market, or

    (ii)    the interest rate applicable to Eurodollar Rate Loans for any requested Interest Period is not ascertainable or available (including, without limitation, because the applicable Reuters Screen (or on any successor or substitute page
        on such screen) is unavailable) or does not adequately and fairly reflect the cost of making or maintaining Eurodollar Rate Loans,

    then the Administrative Agent shall suspend the availability of Eurodollar Rate Loans and require any affected
      Eurodollar Rate Loans to be repaid or converted to Base Rate Loans,  subject to the payment of any funding indemnification amounts required by Section 3.04.

    

    

    
      6

      
        

    

    (b)     Notwithstanding

        the foregoing or anything to the contrary in this Agreement or any other Loan Document, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Required Lenders notify the Administrative Agent
        (with a copy to the Borrower) that the Required Lenders have determined, that any one or more of the following (each, a “Benchmark Transition Event”) has occurred:

    (i)      the circumstances set forth in Section 3.03(a)(ii) have arisen (including, without limitation, a public statement or publication of information by the regulatory supervisor for the administrator of LIBOR described in clause (ii) of
        this Section 3.03(b) announcing that LIBOR is no longer representative) and such circumstances are unlikely to be temporary,

    (ii)    ICE Benchmark Administration (or any Person that has taken over the administration of LIBOR for deposits in Dollars that is acceptable to the Administrative Agent) discontinues its administration and publication of LIBOR for deposits
        in Dollars,

    (iii)    a public statement or publication of information by or on behalf of the administrator of LIBOR described in clause (ii) of this Section 3.03(b) announcing that such administrator has ceased or will cease as of a specific date to
        provide LIBOR (permanently or indefinitely); provided that, at the time of such statement, there is no successor administrator that is acceptable to the Administrative Agent that will continue to provide LIBOR after such specified date,

    (iv)    a public statement by the supervisor for the administrator of LIBOR described in clause (ii) of this Section 3.03(b), the U.S. Federal Reserve System, an insolvency official with jurisdiction over such administrator for LIBOR, a
        resolution authority with jurisdiction over such administrator for LIBOR or a court or an entity with similar insolvency or resolution authority over such administrator for LIBOR, which states that such administrator of LIBOR has ceased or will
        cease as of a specific date to provide LIBOR (permanently or indefinitely); provided that, at the time of such statement or publication, there is no successor administrator that is acceptable to the Administrative Agent that will continue to
        provide LIBOR after such specified date; or

    (v)    syndicated credit facilities substantially similar to the credit facilities under this Agreement being executed at such time, or that include language substantially similar to that contained in this Section 3.03(b), are being
        executed or amended, as the case may be, to incorporate or adopt a new benchmark interest rate to replace LIBOR for deposits in Dollars, then the Administrative Agent and the Borrower may amend this Agreement to replace the Eurodollar Base Rate
        with a Benchmark Replacement. Notwithstanding anything to the contrary in Section 10.01, any such amendment with respect to a Benchmark Transition Event (A) pursuant to any of clauses (i) through (iv) of this Section 3.03(b) will become effective
        without any further action or consent of any other party to this Agreement at 5:00 p.m. (New York City time) on the fifth Business Day after the Administrative Agent has posted such proposed amendment to all Lenders and the Borrower so long as the
        Administrative Agent has not received, by such time, written notice of objection to such amendment from Lenders comprising the Required Lenders  or (B) pursuant to clause (v) of this Section 3.03(b), will become effective without any further action
        or consent of any other party to this Agreement on the date that Lenders comprising the Required Lenders have delivered to the Administrative Agent written notice that such Required Lenders accept such amendment.  No replacement of LIBOR with a
        Benchmark Replacement pursuant to this Section 3.03(b) will occur prior to the date set forth in the applicable amendment.

    

    

    
      7

      
        

    

    In connection with the implementation of a Benchmark Replacement, the Administrative Agent will have the right to
      make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective
      without any further action or consent of any other party to this Agreement.

    

    

    The Administrative Agent will promptly notify the Borrower and the Lenders of (1) any occurrence of a Benchmark
      Transition Event (other than pursuant to clause (v) of this Section 3.03(b)), (2) the implementation of any Benchmark Replacement, (3) the effectiveness of any Benchmark Replacement Conforming Changes and (4) the commencement or conclusion of any
      Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative Agent or Lenders pursuant to this Section 3.03(b), including, if applicable, any determination with respect to a tenor, rate or adjustment
      or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without
      consent from any other party hereto, except, in each case, as expressly required pursuant to this Section 3.03(b).

    

    

    Upon notice to the Borrower by the Administrative Agent in accordance with Section 10.02 of the commencement of a
      Benchmark Unavailability Period and until a Benchmark Replacement is determined in accordance with this Section 3.03(b), (A) any request pursuant to Section 2.02 that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a
      Borrowing of a Eurodollar Rate Loan may be revoked by the Borrower and if not revoked shall be ineffective and any such Borrowing shall be continued as or converted to, as the case may be, a Borrowing of a Base Rate Loan, and (B) if any request
      pursuant to Section 2.02 requests a Borrowing of a Eurodollar Rate Loan, such request may be revoked by the Borrower and if not revoked such Borrowing shall be made as a Borrowing of a Base Rate Loan.  During any Benchmark Unavailability Period, the
      component of the Base Rate based upon the Eurodollar Rate will not be used in any determination of the Base Rate.

    

    

    (e)     Section
        6.01 is hereby amended by adding a new clause (k) after clause (j) therein as follows:

    

    

    (k)     For each of the fiscal quarters ending August 1, 2020, October 31, 2020 and January 30, 2021, together with the compliance certificate required pursuant to Section 6.01(c), a report signed by a Responsible Officer as to the Liquidity of the
        Borrower and its Subsidiaries as of the last day of such fiscal quarter.

    

    

    
      8

      
        

    

    (f)  Section 7.02 is hereby amended by restating clause 7.02(i) as set forth below:

    

    

    (i)  other Liens securing Indebtedness or other obligations outstanding at any time not exceeding an amount equal to
      7.5% of Consolidated Total Assets; provided, that during the period from the Second Amendment Effective Date through April 30, 2021, the aggregate amount of
      Indebtedness and other obligations outstanding at any time secured by Liens permitted under this clause (i) shall not exceed $100,000,000;

    

    

    (g)  Section 7.04 of the Credit Agreement is hereby amended by restating such section as set forth below:

    

    

    7.04.  Maximum Leverage Ratio.  The Borrower shall not permit its Leverage Ratio to be greater than 3.25 to 1.00 as of the last day of any Test Period ending
      on or before February 1, 2020, and shall not permit its Leverage Ratio to exceed  (a) 5.00 to 1.00 for the Test Period ending May 1, 2021, (b) 4.50 to 1.00 for the Test Period ending July 31, 2021, (c) 4.00 to 1.00 for the Test Period ending October
      30, 2021, and (d) 3.50 to 1.00 for each Test Period ending thereafter, provided that, the Leverage Ratio shall be calculated on a Pro Forma Basis, so long as
      the Borrower has notified the Administrative Agent in writing of the inclusion or exclusion, as applicable, of the financial results of the Subsidiary, Person, business or assets acquired or disposed of in such acquisition or disposition, as
      applicable, on a Pro Forma Basis and provided any applicable financial information (including pro forma calculations) to the Administrative Agent. For the avoidance of doubt, the Leverage Ratio shall not apply for any Test Period ending on May 2,
      2020, August 1, 2020, October 31, 2020 or January 30, 2021.

     

    (h)  Article 7 of the Credit Agreement is hereby amended by inserting the following new Sections 7.05 and 7.06:

     

    7.05.  Minimum
        EBITDAR.  The Borrower shall not permit EBITDAR for the fiscal quarter ending January 30, 2021 to be less than $650,000,000 for such fiscal quarter, tested as of the last day of such fiscal quarter.

     

    7.06.  Minimum
        Liquidity.  The Borrower shall not permit Liquidity at any time from the Second Amendment Effective Date through April 30, 2021, to be less than $1,500,000,000.

     

    (i)  Section 10.19 of the Credit Agreement is hereby amended and restated as set forth below:

    
      9

      
        

    

    10.19. 
        Acknowledgement and Consent to Bail-In of Affected Financial Institutions.  Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto
      acknowledges that any liability of any Lender that is an Affected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of the applicable Resolution
      Authority and agrees and consents to, and acknowledges and agrees to be bound by:

     

    (a)     the
        application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any Lender that is an Affected Financial Institution; and

     

    (b)     the
        effects of any Bail-In Action on any such liability, including, if applicable:

     

    (i)     a reduction in
        full or in part or cancellation of any such liability;

     

    (ii)   a conversion of
        all, or a portion of, such liability into shares or other instruments of ownership in such Affected Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares
        or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or

     

    (iii)  the variation
        of the terms of such liability in connection with the exercise of the write-down and conversion powers of the applicable Resolution Authority.

     

    Section 3.     Affirmation and Ratification by the Borrower.  The Borrower hereby ratifies and confirms all of its Obligations to the Lenders and the Administrative Agent, including, without limitation, the Loans and L/C Obligations, and the Borrower hereby affirms its absolute
        and unconditional promise to pay to the Lenders and the Administrative Agent the Loans, the L/C Obligations and all other amounts due under the Credit Agreement as amended hereby.  Except as expressly amended hereby, the Credit Agreement, the other
        Loan Documents and all documents, instruments and agreements related thereto, are hereby ratified and confirmed in all respects and shall continue in full force and effect.  The Credit Agreement, together with this Amendment, shall be read and
        construed as a single agreement.  All references in the Loan Documents to the Credit Agreement or any other Loan Document shall hereafter refer to the Credit Agreement or any other Loan Document as amended hereby.

    

    

    Section 4.     Representations and Warranties.  The Borrower hereby represents and warrants to the Lenders and Administrative Agent as follows:

    

    

    (a)     the
        representations and warranties of the Borrower contained in Article V of the Credit Agreement are (i) with respect to representations and warranties that contain a qualification as to materiality, true and correct in all respects (after giving
        effect to any such qualification therein), and (ii) with respect to representations and warranties that do not contain a qualification as to materiality, true and correct in all material respects, in each case as of the date hereof  except to the
        extent any such representation or warranty is stated to relate solely to an earlier date, in which case such representation or warranty shall be (i) with respect to representations and warranties that contain a qualification as to materiality, true
        and correct in all respects (after giving effect to any such qualification therein), and (ii) with respect to representations and warranties that do not contain a qualification as to materiality, true and correct in all material respects, in each
        case on and as of such earlier date, except that for purposes of this clause (a), the representations and warranties contained in Section 5.04 of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to
        Section 6.01(a) of the Credit Agreement;

     

    
      10

      
        

    

    (b)     the
        Borrower has the requisite corporate or other organizational power and authority to execute, deliver and perform this Amendment;

     

    (c)     neither
        the execution and delivery by the Borrower of this Amendment, nor the consummation of the transactions herein contemplated, nor compliance with the provisions thereof will (i) violate, in any material respect, any law, rule, regulation, order,
        writ, judgment, injunction, decree or arbitral award binding on the Borrower, (ii) violate the Borrower’s Organization Documents, (iii) violate the provisions of any material indenture, instrument or agreement to which the Borrower or any of its
        Subsidiaries is a party or is subject, or by which it, or its Property, is bound, or conflict with or constitute a default thereunder;

     

    (d)     this
        Amendment, the Credit Agreement as amended hereby and each other Loan Document to which the Borrower is a party constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except as enforceability may
        be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditor’s rights generally) and is in full force and effect; and

     

    (e)     as of the
        date hereof, no Default or Event of Default has occurred and is continuing.

     

               Section 5.     Conditions to Effectiveness. This

        Amendment shall become effective as of the date first written above (the “Second Amendment Effective Date”) upon the satisfaction of the
        following conditions:

    

    

    (a)     The
        Administrative Agent shall have received executed counterparts of this Amendment, from each of the Borrower and the Required Lenders;

     

    (b)     The
        Administrative Agent shall have received a copy of the certificate of incorporation (or comparable constitutive document) of the Borrower, together with all amendments thereto, certified by the Secretary, Assistant Secretary, or other appropriate
        officer of the Borrower, and a certificate of good standing, certified by the appropriate governmental officer of its jurisdiction of organization, together with  a copy, certified by a Responsible Officer of the Borrower, as applicable, of its
        by-laws (or any comparable constitutive laws, rules or regulations) and of the resolutions of the finance committee of the board of directors of the Borrower authorizing the execution of this Amendment, and an incumbency certificate, executed by a
        Responsible Officer the Borrower, which shall identify by name and title and bear the signature of the officers of the Borrower authorized to sign this Amendment;

     

    (c)     The
        Administrative Agent shall have received a fully executed copy of the Second Amendment to the 2024 Revolving Credit Agreement, which shall be in full force and effect; and

     

    (d)     The
        Administrative Agent shall have received the payment of all fees and expenses required to be paid to Lenders and the Administrative Agent in connection with this Amendment (including, without limitation, fees, charges and disbursements of counsel
        to the Administrative Agent).

     

    
      11

      
        

    

    Section 6.     Miscellaneous Provisions.

    

    

    (a)     THIS
        AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

    

    

    (b)     This
        Amendment shall constitute a Loan Document under the Credit Agreement and all obligations included in this Amendment (including, without limitation, all obligations for the payment of fees and expenses and other amounts) shall constitute
        Obligations under the Credit Agreement.

    

    

    (c)     This
        Amendment may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.  Delivery of an executed
        counterpart of a signature page of this Amendment by telecopy or other electronic imaging means shall be effective as delivery of a manually executed counterpart of this Amendment. The words “execution,” “signed,” “signature,” and words of like
        import in this Amendment shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a
        paper-based record keeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records
        Act, or any other similar state laws based on the Uniform Electronic Transactions Act.

    

    

    (d)     In the
        manner provided, and subject to the limitations, in Section 10.04 of the Credit Agreement, the Borrower hereby agrees to pay to all reasonable out of pocket fees and expenses incurred by the Administrative Agent (including the reasonable fees,
        charges and disbursements of counsel for the Administrative Agent) in connection with the preparation, negotiation, execution and delivery of this Amendment (whether or not the transactions contemplated hereby are consummated).

    

    

    (e)     This
        Amendment shall be binding upon and inure to the benefit of the Borrower, the Administrative Agent and the Lenders and their respective successors and permitted assigns in accordance with the terms of the Credit Agreement.

    

    

    (f)     This
        Amendment constitutes the entire agreement of the parties with respect to the subject matter hereof and supersedes any prior understandings or agreements which may have existed with respect thereto.  Except as expressly provided herein, this
        Amendment shall not, by implication or otherwise, limit, impair, constitute a waiver of or otherwise affect any rights or remedies of the Administrative Agent or any Lender under the Credit Agreement or the other Loan Documents, nor alter, modify,
        amend or in any way affect any of the obligations or covenants contained in the Credit Agreement or any of the other Loan Documents, all of which are ratified and confirmed in all respects and shall continue in full force and effect.  To the extent
        there is any inconsistency between the terms and provisions of any Loan Document and the terms and provisions of this Amendment, the terms and provisions of this Amendment shall govern.

    

    

    
      [Remainder of page intentionally left blank]

      

      

      

      

      

      

      

      
        12

        
          

      

      

      

    

    IN WITNESS WHEREOF,
      the parties hereto have executed this Amendment as of the date first written above.

    

    

    
      	
               

            	
              THE TJX COMPANIES, INC.,

              AS BORROWER

            
	
               

            	
               

            
	
               

            	
               

            
	
               

            	By: /s/ Scott Goldenberg
	
               

            	Name: Scott Goldenberg
	
               

            	
              Title: Senior Executive Vice President, Chief
                    Financial Officer

            

    

     

    

       

    
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

       

    
      
        

    

    

    

    
      
        	
                 

              	U.S. BANK NATIONAL ASSOCIATION, AS

                ADMINISTRATIVE AGENT
	
                 

              	

              
	
                 

              	

              
	
                 

              	By: /s/ Frances W. Josephic
	
                 

              	Name: Frances W. Josephic
	
                 

              	Title: Senior Vice President

      

    

    

    

    
      
        	
                 

              	
                U.S. BANK NATIONAL ASSOCIATION,

                AS A LENDER

              
	
                 

              	

              
	
                 

              	

              
	
                 

              	By: /s/ Frances W. Josephic
	
                 

              	Name: Frances W. Josephic
	
                 

              	Title: Senior Vice President

      

    

    

    

     

       

    

      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

    

    
      
        

    

    

    
      
        	
                 

              	
                HSBC BANK USA,
                    NATIONAL ASSOCIATION,

                AS A LENDER

              
	
                 

              	

              
	
                 

              	

              
	
                 

              	By: /s/ Jaime Mariano 
	
                 

              	Name: Jaime Mariano 
	
                 

              	Title: Senior Vice President #21440 

      

    

     

     

    

       

     

    

       

     
      

        [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

        

      

    

     

    
      
        

    

     
      
        
          	
                   

                	
                  JPMORGAN
                      CHASE BANK, N.A., AS A

                  LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Alicia Schreibstein
	
                   

                	Name: Alicia Schreibstein
	
                   

                	Title: Executive Director

        

      

    

     

    

     

    

    

     

    
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

       

    
      
        

    

     
      
        
          	
                   

                	
                  BANK OF
                      AMERICA, N.A., AS A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Alexandra Korchmar
	
                   

                	Name: Alexandra Korchmar
	
                   

                	Title: Associate

        

      

    

    

       

    

     
    

    

     

     

    

       

     
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

       

      

      
        
          

      

    

     

    
      
        
          	
                   

                	
                  DEUTSCHE
                      BANK AG NEW YORK

                  BRANCH,
                    AS A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Ming K. Chu
	
                   

                	Name: Ming K. Chu
	
                   

                	Title: Director
	 	 
	 	By: /s/ Annie Chung
	 	Name: Annie Chung
	 	Title: Director

        

      

    

     

    

    

     

    

    

       

     
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

    

    

       

     

    
      
        

    

    
      
        
          	
                   

                	
                  WELLS FARGO
                      BANK, NATIONAL

                  ASSOCIATION,
                    AS A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Carl Hinrichs
	
                   

                	Name: Carl Hinrichs
	
                   

                	Title:
                      Director

        

      

       

    

    

       

     

    
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

       

     

    
      
        

    

    
      
        
          	
                   

                	
                  THE BANK OF
                      NEW YORK MELLON, AS A

                  LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Rachael Dolinish
	
                   

                	Name: Rachel Dolinish
	
                   

                	Title: Vice President

        

      

      

       

     

       

     
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

    

    

       

     

    
      
        

    

     
      
        
          	
                   

                	
                  THE BANK OF
                      NOVA SCOTIA, AS A

                  LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Catherine Jones
	
                   

                	Name: Catherine Jones
	
                   

                	Title: Managing Director

        

      

    

    

    

    

     

    
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

       

    
      
        

    

     
      
        
          	
                   

                	
                  KEYBANK
                      NATIONAL ASSOCIATION, AS

                  A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Marianne T. Meil
	
                   

                	Name: Marianne T. Meil
	
                   

                	Title: Sr. Vice President

        

      

    

    

       

     

     
    
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

       

     

    
      
        

    

     
      
        
          	
                   

                	
                  NATIONAL
                      WESTMINSTER BANK PLC,

                  AS A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Jonathan Eady
	
                   

                	Name: Jonathan Eady
	
                   

                	Title:
                      Director

        

      

    

     

    

    

    

    

     

    
      [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

    

     

    

       

    
      
        

    

     

    
      
        
          	
                   

                	
                  TRUIST BANK
                      (SUCCESOR IN MERGER

                  WITH
                      SUNTRUST BANK), AS A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Matthew J. Davis
	
                   

                	Name: Matthew J. Davis
	
                   

                	Title: Senior Vice President

        

      

      

       

      

    

    

    

     
      
        [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

    

    

    

    
      
        

    

     
      
        
          	
                   

                	
                  TD BANK,
                      N.A., AS A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Craig Welch
	
                   

                	Name: Craig Welch
	
                   

                	Title: Senior Vice President

        

      

    

    

       

     

    
      
        [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

      

    

     

    
      
        

    

    
      
        
           

          

          	
                   

                	
                  BARCLAYS
                      BANK PLC, AS A LENDER

                
	
                   

                	

                
	
                   

                	

                
	
                   

                	By: /s/ Ritam Bhalla
	
                   

                	Name: Ritam Bhalla
	
                   

                	Title:
                      Director

        

      

    

     

    

    

       

     
      
        
          [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

        

      

    

    

       

    
      
        

    

     

    
      	
               

            	CITIZENS BANK, N.A., AS A LENDER 
	
               

            	

            
	
               

            	

            
	
               

            	By: /s/ Patrick Keffer
	
               

            	Name: Patrick Keffer
	
               

            	Title: Senior Vice President

      

       

     

     

    
      
        
          [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

        

      

      

       

     

    
      
        

    

    
      
        
          
            	
                     

                  	
                    COMMERZBANK

                        AG, NEW YORK

                    BRANCH,
                      AS A LENDER

                  
	
                     

                  	

                  
	
                     

                  	

                  
	
                     

                  	By: /s/
                        Pedro Bell
	
                     

                  	Name:
                        Pedro Bell
	
                     

                  	Title: Managing Director
	 	

                  
	 	By: /s/ Bianca Notari
	 	Name: Bianca Notari
	 	Title: Vice President

          

        

      

    

    

    

       

     
      
        
          [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

        

      

    

    

    

       

    
      
        

    

     
      	
               

            	
              FIFTH THIRD BANK,
                AS A LENDER

            
	
               

            	

            
	
               

            	

            
	
               

            	By: /s/ Todd S. Robinson
	
               

            	Name: Todd S. Robinson
	
               

            	Title: VP

    

    

       

     

       

     
      
        
          [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

        

      

    

    

       

    
      
        

    

     

    
      	
               

            	
              PNC BANK,
                  NATIONAL ASSOCIATION, AS

              A LENDER

            
	
               

            	

            
	
               

            	

            
	
               

            	By: /s/ Eileen P. Murphy
	
               

            	Name: Eileen P. Murphy
	
               

            	Title: Vice President

    

     

     

     
      
        
          [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

        

      

    

    

       

     

    
      
        

    

    
      
        
          
            
              	
                       

                    	
                      SANTANDER

                          BANK, N.A., AS A LENDER

                    
	
                       

                    	

                    
	
                       

                    	

                    
	
                       

                    	By: /s/ Carolina Gutierrez
	
                       

                    	Name: Carolina Gutierrez
	
                       

                    	Title: Vice President
	 	

                    
	 	By: /s/ Zara Kamal
	 	Name: Zara Kamal
	 	Title: Vice President

            

          

        

      

      

       

     
     

     

    

       

     

     

    
      
        
          [Signature Page to Second Amendment to 2022 Revolving Credit Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00309-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00309-of-00352.parquet"}]]