Document:

Exhibit 10.5

 

Wild Well Control, Inc.

2202 Oil Center Court

Houston, Texas 77073

 

January 31, 2010

 

Dynamic Offshore Resources, LLC

1301 McKinney Street

Houston, Texas 77010

Attn.:   G.M. McCarroll

 

Re:          Decommissioning Obligations

 

Dear Mr. McCarroll:

 

This letter agreement (this “Agreement”) is intended to set forth our understanding with respect to liabilities and obligations arising under the Leases and the APA with respect to the plugging, abandonment, removal, restoration and decommissioning obligations (including, without limitation, “Final Decommissioning”, as defined in the APA) with respect to those wells, platforms, facilities and pipelines in existence as of the Effective Time and constituting part of the Assets (the “Excluded Decommissioning Liabilities”), as same are referenced in Section 1 of the Purchase and Sale Agreement dated January 31, 2010 (the “Purchase Agreement”), among Superior Energy Services, Inc., Wild Well Control, Inc. (“WWCI”) and Dynamic Offshore Resources, LLC (“DOR”).  Initially capitalized terms used in this letter agreement but not otherwise defined shall have the meanings ascribed to them in the Purchase Agreement.

 

Pursuant to the Purchase Agreement, DOR, in consideration for WWCI’s retention of the Excluded Decommissioning Liabilities, is obligated to pay to WWCI $49,000,000 constituting the DOR Well Abandonment Payment, as set forth in Section 4 of the Purchase Agreement.  WWCI’s retention of the Excluded Decommissioning Liabilities is conditioned upon and subject to the payment by DOR of the DOR Well Abandonment Payment in accordance with the provisions of Section 4 of the Purchase Agreement and this Agreement.

 

From time to time WWCI may notify DOR that it intends to plug and abandon a well constituting part of the Assets.  In connection therewith, WWCI shall obtain, with DOR’s reasonable cooperation as designated operator of the Assets, all certificates, permits and licenses required to perform such work, and obtain all consents and approvals required by applicable law or under third-party contracts.

 

WWCI shall be solely responsible for selecting when to plug and abandon a well and the means, methods, techniques, sequences, procedures and safety programs in connection with such work, provided that such work shall not unreasonably interfere with production from operating

 

 

wells constituting part of the Assets and DOR’ s obligations pursuant to the Joint Operating Agreement dated effective January 1, 2010, between the parties.

 

Promptly upon WWCI’s delivery to DOR of notice that it has:

 

(a)                                  temporarily plugged and abandoned a well constituting part of the Assets in accordance with all appropriate governmental authority (with the only condition that prevents the well from being deemed permanently abandoned being the removal of the conductor), DOR shall pay to WWCI $1,470,000; and

 

(b)                                 permanently plugged and abandoned a well constituting part of the Assets in accordance with all appropriate governmental authority, DOR shall pay to WWCI $294,000; provided, that if WWCI delivers a notice of permanent plugging and abandonment for a well without having previously delivered a notice of temporary plugging and abandonment with respect to the same well, DOR shall pay to WWCI $1,764,000.

 

Notwithstanding the foregoing payment provisions, DOR shall have no obligation to pay to WWCI any amounts hereunder or under Section 4 of the Purchase Agreement in excess of the aggregate of $49,000,000, which amount constitutes the DOR Well Abandonment Payment.

 

Each party agrees to indemnify and hold harmless the other party and members of its group (as specified on Exhibit A) pursuant to the terms and conditions set forth on Exhibit A.

 

Please indicate your agreement with the foregoing by signing where indicated below and returning to the attention of William B. Masters at (504) 365-9665.

 

	
 
    	
 
    	
Sincerely,
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Wild Well Control, Inc.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By: 
    	
/s/ Patrick J. Campbell
    
	
 
    	
 
    	
Name: Patrick J. Campbell
    
	
 
    	
 
    	
Title: Chief Executive Officer
    
	
 
    	
 
    	
 
    
	
Accepted and Agreed:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Dynamic Offshore Resources, LLC
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By: 
    	
/s/ G. M. McCarroll
    	
 
    	
 
    
	
Name: G. M. McCarroll
    	
 
    	
 
    
	
Title: President
    	
 
    	
 
    
	
Dated: January 31, 2010
    	
 
    	
 
    
					

 

2

 

EXHIBIT A

 

Indemnities

 

1.             WWCI Group Property.  WWCI shall be liable in any case of loss or damage to WWCI Group’s equipment, machinery, tools and all other property items belonging to any member of WWCI Group (but excluding DOR’s interest in any such property jointly owned with WWCI), whether owned, chartered, borrowed or rented by WWCI Group, regardless of whether caused or brought about by WWCI Group’s or DOR Group’s negligence (including sole, joint, concurrent, active or passive negligence, BUT NOT INCLUDING GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF DOR GROUP) or any other theory of legal liability, including without limitation, strict liability, the unseaworthiness of any vessel, or the unairworthiness of any aircraft, and WWCI shall release, defend, protect, indemnify and hold harmless DOR Group from and against any loss, cost, claim, demand, obligation to indemnify another, suit, judgment, award or damage (including reasonable attorney’s fees and expenses) on account of such loss or damage.  “WWCI Group” shall mean individually and collectively, WWCI and its parent(s), subsidiaries, affiliates, contractors and subcontractors and its and all of their officers, directors, employees, agents, assigns, representatives, consultants, contractors, and subcontractors, and the subrogees of said parties.

 

2.             WWCI Group Personnel.  WWCI shall be liable in any case of illness, injury or death suffered by WWCI Group’s employees regardless of whether caused or brought about by WWCI Group’s or DOR Group’s negligence (including sole, joint, concurrent, active or passive negligence, BUT NOT INCLUDING GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF DOR GROUP) or any other theory of legal liability, including without limitation, strict liability, the unseaworthiness of any vessel, or the unairworthiness of any aircraft, and WWCI shall release, defend, protect, indemnify and hold harmless DOR Group from and against any loss, cost, claim, demand, obligation to indemnify another, suit, judgment, award or damage (including reasonable attorney’s fees and expenses) on account of any such illness, injury, or death.

 

3.             DOR Group Property.  DOR shall be liable in any case of loss or damage to DOR Group’s equipment, machinery, tools and all other property items belonging to any member of DOR Group (but excluding WWCI’s interest in any such property jointly owned with DOR), whether owned, chartered, borrowed or rented by DOR, regardless of whether caused or brought about by DOR Group’s or WWCI Group’s negligence (including sole, joint, concurrent, active or passive negligence, BUT NOT INCLUDING GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF WWCI GROUP) or any other theory of legal liability, including without limitation, strict liability, the unseaworthiness of any vessel, or the unairworthiness of any aircraft, and DOR shall release, defend, protect, indemnify and hold harmless WWCI Group from and against any loss, cost, claim, demand, obligation to indemnify another, suit, judgment, award or damage (including reasonable attorney’s fees and expenses) on account of such loss or damage. “DOR Group” shall mean individually and collectively, DOR and its parent(s), subsidiaries, affiliates, and subcontractors and its and all of their officers, directors, employees, agents, assigns, representatives, consultants, contractors and subcontractors, and the subrogees of said parties.

 

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4.             DOR Group Personnel.  DOR shall be liable in any case of illness, injury or death suffered by DOR Group’s employees regardless of whether caused or brought about by DOR Group’s or WWCI Group’s negligence (including sole, joint, concurrent, active or passive negligence, BUT NOT INCLUDING GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF WWCI GROUP) or any other theory of legal liability, including without limitation, strict liability, the unseaworthiness of any vessel, or the unairworthiness of any aircraft, and DOR shall release, defend, protect, indemnify and hold harmless WWCI Group from and against any loss, cost, claim, obligation to indemnify another, suit, judgment, award or damage (including reasonable attorney’s fees and expenses) on account of any such illness, injury or death.

 

4Exhibit 10.53

 

FIRST AMENDMENT TO FIRST LIEN CREDIT AGREEMENT

 

THIS FIRST AMENDMENT TO FIRST LIEN CREDIT AGREEMENT (this “Amendment”) is entered into as of October 18, 2011 by and among GUNDLE/SLT ENVIRONMENTAL, INC., a Delaware corporation (the “Borrower”), the other Persons party hereto that are designated as a “Credit Party” on the signature pages hereof, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (in its individual capacity, “GE”), as Agent and as a Lender, and the other LENDERS signatory hereto.

 

W I T N E S S E T H:

 

WHEREAS, Borrower, the other Credit Parties, GE, as Agent and as a Lender, and the other Lenders from time to time party thereto are parties to that certain First Lien Credit Agreement dated as of May 27, 2011 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”); and

 

WHEREAS, the Credit Parties have requested that the Agent and Lenders amend certain provisions of the Credit Agreement, and, subject to the satisfaction of the conditions set forth herein, the Agent and the Lenders signatory hereto are willing to do so, on the terms set forth herein.

 

NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained herein, the parties agree as follows:

 

1.                                       Defined Terms.  Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Credit Agreement.

 

2.                                       Amendments to Credit Agreement.  Upon satisfaction of the conditions set forth in Section 3 hereof, the Credit Agreement is hereby amended as follows:

 

a.               Section 11.1 of the Credit Agreement is hereby amended by deleting the definition of “Aggregate Revolving Loan Commitment” set forth therein in its entirety and substituting the following therefor:

 

“Aggregate Revolving Loan Commitment” means the combined Revolving Loan Commitments of the Lenders, which shall, as of the First Amendment Effective Date, be in the amount of $35,000,000, as such amount may be reduced or increased from time to time pursuant to this Agreement.

 

b.              Section 11.1 of the Credit Agreement is hereby amended by adding the following definitions thereto in applicable alphabetical order:

 

“First Amendment Effective Date” means October 18, 2011.

 

c.               Schedule 1.1(b) of the Credit Agreement is hereby amended by deleting such 

 

 

schedule in its entirety and substituting the revised Schedule 1.1(b) attached hereto as Exhibit A therefor.

 

d.              Section 1.12(a)(i) of the Credit Agreement is hereby amended by deleting the reference to “$20,000,000” appearing therein and substituting therefor “$10,000,000.”

 

e.               Each Revolving Lender hereby agrees that any outstanding Revolving Loans and participation interests in Letter of Credit Obligations shall be re-allocated among such Lenders on the First Amendment Effective Date in accordance with such Revolving Loan Commitments (as defined in the Credit Agreement, as amended hereby) and each such Lender shall in coordination with the Agent assign and/or purchase, as necessary, any such interests at the principal amount thereof in order to accurately reflect such new Revolving Loan Commitments as of the First Amendment Effective Date as shall be necessary in order that, after giving effect to all such assignments and purchases, such outstanding Revolving Loans and participation interests in Letter of Credit Obligations will be held by Revolving Lenders ratably in accordance with their Revolving Credit Commitments after giving effect to this Amendment.  Borrower and Agent hereby consent to all such assignments and the Agent hereby waives any assignment fee that may be payable under the Credit Agreement in connection with such assignments.

 

3.                                       Conditions.  The effectiveness of this Amendment is subject to the satisfaction of the following conditions precedent:

 

a.                                       the execution and delivery of this Amendment by each Credit Party, Agent, the Revolving Lenders listed on Schedule 1.1(b) (as amended hereby) and the Required Lenders;

 

b.                                      the payment by Borrower (i) to each of the Lenders that has executed this Amendment on the date hereof of a fully-earned, non-refundable amendment fee equal to 0.25% of the sum of such Lender’s Revolving Loan Commitment and Term Loan and (ii) to each of the Revolving Lenders providing additional Revolving Loan Commitments pursuant hereto such fees as may have been agreed in writing by Borrower and each such Revolver Lender;

 

c.                                       the delivery by the Credit Parties to Agent of authorizing resolutions duly executed and effective by the board of directors, shareholders, managers and/or members, as applicable, of such Credit Party authorizing the execution and delivery of this Amendment and the incurrence of the additional indebtedness, liabilities and obligations of such Credit Party hereunder, which such authorizing resolutions shall have been certified to and in favor of Agent by Responsible Officer of such Credit Party as true, correct and complete copies thereof;

 

d.                                      the truth and accuracy of the representations and warranties contained in Section 4 hereof;

 

e.                                       The Agent shall have received (i) a solvency certificate, dated the First Amendment Effective Date, signed by the chief financial officer of Borrower and in form and substance as delivered on the Closing Date and (ii) a certificate, dated the First Amendment 

 

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Effective Date and signed by a Responsible Officer of the Borrower, certifying that after giving effect to this Amendment and the funding of Revolving Loans on the First Amendment Effective Date (y) no Default or Event of Default exists and (z) all representations and warranties of each Credit Party set forth in this Amendment and each of the other Loan Documents are true and correct in all material respects (without duplication of any materially qualifier contained therein); and

 

f.                                         no Default or Event of Default shall have occurred and be continuing or arise as a direct result of the effectiveness of this Amendment.

 

4.                                       Representations and Warranties.   Each Credit Party hereby represents and warrants to Agent and each Lender as follows:

 

a.                                       the representations and warranties made by such Credit Party contained in the Loan Documents are true and correct in all material respects (without duplication of any materiality qualifier contained therein) as of the date hereof, except to the extent such representation or warranty expressly relates to an earlier date (in which event such representations and warranties were true and correct in all material respects (without duplication of any materiality qualifier contained therein) as of such earlier date;

 

b.                                      such Credit Party is a corporation or limited liability company, duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or formation, as applicable;

 

c.                                       such Credit Party  has the power and authority to execute, deliver and perform its obligations under this Amendment and the Credit Agreement, as amended hereby;

 

d.                                      the execution, delivery and performance by such Credit Party of this Amendment and the Credit Agreement, as amended hereby, and the incurrence of the additional indebtedness, liabilities and other obligations of such Credit Party hereunder have been duly authorized by all necessary action;

 

e.                                       this Amendment and the Credit Agreement, as amended hereby, constitutes the legal, valid and binding obligation of such Credit Party, enforceable against such Person in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditor’s rights generally or by equitable principles relating to enforceability;

 

f.                                         the execution, delivery and performance by each of the Credit Parties of this Amendment have been duly authorized by all necessary action, and do not and will not: (a) contravene the terms of any of that Person’s Organization Documents; (b) conflict with or result in any breach or contravention of, or result in the creation of any Lien (other than the obligation to create Liens on the Collateral pursuant to the Second Lien Indebtedness Documents) under, any document evidencing any material Contractual Obligation to which such Person is a party or any material order, injunction, writ or decree of any Governmental Authority to which such Person or its Property is subject; or (c) violate any material Requirement of Law in any material 

 

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respect.; and

 

g.                                      no Default or Event of Default exists or shall arise as a direct result of the effectiveness of this Amendment.

 

5.                                       No Modification.  Except as expressly set forth herein, nothing contained herein shall be deemed to constitute a waiver of compliance with any term or condition contained in the Credit Agreement or any of the other Loan Documents or constitute a course of conduct or dealing among the parties.  Except as expressly stated herein, the Agent and Lenders reserve all rights, privileges and remedies under the Loan Documents.  Except as amended or consented to hereby, the Credit Agreement and other Loan Documents remain unmodified and in full force and effect.  All references in the Loan Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement as amended and waived hereby.

 

6.                                       Counterparts.  This Amendment may be executed in any number of counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.  Signature pages may be detached from multiple separate counterparts and attached to a single counterpart.  Delivery of an executed signature page of this Amendment by facsimile transmission or Electronic Transmission shall be as effective as delivery of a manually executed counterpart hereof.

 

7.                                       Successors and Assigns.  The provisions of this Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided that none of the Credit Parties may assign or transfer any of its rights or obligations under this Amendment without the prior written consent of the Agent.

 

8.                                       Further Assurance.  Borrower hereby agrees from time to time, as and when requested by the Agent or Lender, to execute and deliver or cause to be executed and delivered, all such documents, instruments and agreements and to take or cause to be taken such further or other action as the Agent or Lender may reasonably deem necessary or desirable in order to carry out the intent and purposes of this Amendment, the Credit Agreement and the Loan Documents.

 

9.                                       Governing Law and Jurisdiction.

 

(a)                                  Governing Law.  The laws of the State of New York  shall govern all matters arising out of, in connection with or relating to this Amendment, including, without limitation, its validity, interpretation, construction, performance and enforcement (including, without limitation, any claims sounding in contract or tort law arising out of the subject matter hereof and any determinations with respect to post-judgment interest) (without regard to conflicts of law principles (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law)).

 

(b)                                 Submission to Jurisdiction.  Any legal action or proceeding with respect to this Amendment shall be brought exclusively in the courts of the State of New York located in the 

 

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City of New York, Borough of Manhattan, or of the United States of America sitting in the Southern District of New York and, by execution and delivery of this Amendment, each Credit Party hereby accepts for itself and in respect of its property, generally and unconditionally, the jurisdiction of the aforesaid courts.  The parties hereto hereby irrevocably waive any objection, including any objection to the laying of venue or based on the grounds of forum non conveniens, that any of them may now or hereafter have to the bringing of any such action or proceeding in such jurisdictions.

 

(c)                                  Service of Process.  Each Credit Party hereby irrevocably waives personal service of any and all legal process, summons, notices and other documents and other service of process of any kind and consents to such service in any suit, action or proceeding brought in the United States of America with respect to or otherwise arising out of or in connection with this Agreement by any means permitted by applicable Requirements of Law, including by the mailing thereof (by registered or certified mail, postage prepaid) to the address of such Person specified in the Credit Agreement (and shall be effective when such mailing shall be effective, as provided therein).  Each Credit Party agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.

 

(d)                                 Non-Exclusive Jurisdiction.  Nothing contained in this Section 10 shall affect the right of Agent to serve process in any other manner permitted by applicable Requirements of Law or commence legal proceedings or otherwise proceed against any Credit Party in any other jurisdiction.

 

(e)                                  Waiver of Jury Trial.  THE PARTIES HERETO, TO THE EXTENT PERMITTED BY LAW, WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING ARISING OUT OF, IN CONNECTION WITH OR RELATING TO, THIS AMENDMENT, THE OTHER LOAN DOCUMENTS AND ANY OTHER TRANSACTION CONTEMPLATED HEREBY AND THEREBY. THIS WAIVER APPLIES TO ANY ACTION, SUIT OR PROCEEDING WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE.

 

10.                                 Severability.  The illegality or unenforceability of any provision of this Amendment or any instrument or agreement required hereunder shall not in any way affect or impair the legality or enforceability of the remaining provisions of this Amendment or any instrument or agreement required hereunder.

 

11.                                 Reaffirmation. Each of the Credit Parties as debtor, grantor, pledgor, guarantor, assignor, or in other any other similar capacity in which such Credit Party grants liens or security interests in its property or otherwise acts as accommodation party or guarantor, as the case may be, hereby (i) ratifies and reaffirms all of its payment and performance obligations, contingent or otherwise, under each of the Loan Documents to which it is a party (after giving effect hereto) and (ii) to the extent such Credit Party granted liens on or security interests in any of its property pursuant to any such Loan Document as security for or otherwise guaranteed the Borrower’s Obligations under or with respect to the Loan Documents, ratifies and reaffirms such guarantee 

 

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and grant of security interests and liens and confirms and agrees that such security interests and liens hereafter secure all of the Obligations as amended hereby.  Each of the Credit Parties hereby consents to this Amendment and acknowledges that each of the Loan Documents remains in full force and effect and is hereby ratified and reaffirmed.  The execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Agent or Lenders, constitute a waiver of any provision of any of the Loan Documents or serve to effect a novation of the Obligations.

 

[Remainder of Page Intentionally Left Blank; Signature Pages Follow]

 

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IN WITNESS WHEREOF, each of the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
BORROWER:
    
	
 
    	
 
    
	
 
    	
GUNDLE/SLT ENVIRONMENTAL, INC.
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   William F. Lacey
    
	
 
    	
Name:
    	
William   F. Lacey
    
	
 
    	
Title:
    	
Chief   Financial Officer
    
	
 
    	
 
    	
 
    
	
 
    	
CREDIT PARTIES:
    
	
 
    	
 
    	
 
    
	
 
    	
GSE   HOLDING, INC.
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   William F. Lacey
    
	
 
    	
Name:
    	
William   F. Lacey
    
	
 
    	
Title:
    	
Chief   Financial Officer
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
GSE   LINING TECHNOLOGY, LLC
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   William F. Lacey
    
	
 
    	
Name:
    	
William   F. Lacey
    
	
 
    	
Title:
    	
Chief   Financial Officer
    

 

 

IN WITNESS WHEREOF, the each of the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
AGENT AND LENDERS:
    
	
 
    	
 
    	
 
    
	
 
    	
GENERAL ELECTRIC CAPITAL CORPORATION, as Agent   and as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Richard B. Davidson
    
	
 
    	
Name:
    	
Richard   B. Davidson, Vice President
    
	
 
    	
Title:
    	
Duly   Authorized Signatory
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
GE CAPITAL FINANCIAL INC., as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Woodrow Broaders Jr.
    
	
 
    	
Name:
    	
Woodrow   Broaders Jr.
    
	
 
    	
Title:
    	
Duly   Authorized Signatory
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
JEFFERIES FINANCE LLC, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   E. Joseph Hess
    
	
 
    	
Name:
    	
E.   Joseph Hess
    
	
 
    	
Title:
    	
Managing   Director
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
JEFFERIES LEVERAGED CREDIT PRODUCTS, LLC, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Paul J. Loomis
    
	
 
    	
Name:
    	
Paul   J. Loomis
    
	
 
    	
Title:
    	
Senior   Vice President
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
JFIN FUNDING LLC, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   E. Joseph Hess
    
	
 
    	
Name:
    	
E.   Joseph Hess
    
	
 
    	
Title:
    	
Managing   Director
    

 

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Fifteenth   Investment Sponsor Limited, as a Lender
    
	
 
    	
By:   General Electric Capital Corporation, as Servicer
    
	
 
    	
 
    	
 
    
	
 
    	
/s/   Richard B. Davidson
    
	
 
    	
Name:
    	
Richard   B. Davidson
    
	
 
    	
Title:
    	
Duly   Authorized Signatory
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Nationwide   Mutual Insurance Company, as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Ronald R. Serpico
    
	
 
    	
Name:
    	
Ronald   R. Serpico
    
	
 
    	
Title:
    	
Authorized   Signatory
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
ING   Capital LLC, as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Andrew C. Sepe
    
	
 
    	
Name:
    	
Andrew   C. Sepe
    
	
 
    	
Title:
    	
Director
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
GSC   Capital Corp. Loan Funding 2005-1
    
	
 
    	
By:
    	
GSC   Acquisition Holdings, L.L.C.,
    
	
 
    	
 
    	
as   its Collateral Manager
    
	
 
    	
By:
    	
GSC   MANAGER, LLC, in its capacity as Manager
    
	
 
    	
By:
    	
BLACK   DIAMOND CAPITAL MANAGEMENT, L.L.C., in its capacity as Member, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Stephen H. Deckoff
    
	
 
    	
Name:
    	
Stephen   H. Deckoff
    
	
 
    	
Title:
    	
Mananging   Principal
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
GSC   Partners CDO Fund VII, Limited
    
	
 
    	
By:
    	
GSC   Acquisition Holdings, L.L.C.,
    
	
 
    	
 
    	
as   its Collateral Manager
    
	
 
    	
By:
    	
GSC   MANAGER, LLC, in its capacity as Manager
    
	
 
    	
By:
    	
BLACK   DIAMOND CAPITAL MANAGEMENT, L.L.C., in its capacity as Member, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Stephen H. Deckoff
    
	
 
    	
Name:
    	
Stephen   H. Deckoff
    
	
 
    	
Title:
    	
Mananging   Principal
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
GSC Group   CDO Fund VIII, Limited
    
	
 
    	
By:
    	
GSC   Acquisition Holdings, L.L.C.,
    
	
 
    	
 
    	
as   its Collateral Manager
    
	
 
    	
By:
    	
GSC   MANAGER, LLC, in its capacity as Manager
    
	
 
    	
By:
    	
BLACK   DIAMOND CAPITAL MANAGEMENT, L.L.C., in its capacity as Member, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Stephen H. Deckoff
    
	
 
    	
Name:
    	
Stephen   H. Deckoff
    
	
 
    	
Title:
    	
Mananging   Principal
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Black   Diamond CLO 2006-1 (CAYMAN) LTD.
    
	
 
    	
By:   Black Diamond CLO 2006-1 Adviser, L.L.C.,
    
	
 
    	
As   Its Collateral Manager, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Stephen H. Deckoff
    
	
 
    	
Name:
    	
Stephen   H. Deckoff
    
	
 
    	
Title:
    	
Mananging   Principal
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Black   Diamond CLO 2005-2 LTD.
    
	
 
    	
By:   Black Diamond CLO 2005-2 Adviser, L.L.C.,
    
	
 
    	
As   Its Collateral Manager, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Stephen H. Deckoff
    
	
 
    	
Name:
    	
Stephen   H. Deckoff
    
	
 
    	
Title:
    	
Mananging   Principal
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Black   Diamond CLO 2005-1 LTD.
    
	
 
    	
By:   Black Diamond CLO 2005-1 Adviser, L.L.C.,
    
	
 
    	
As   Its Collateral Manager, as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Stephen H. Deckoff
    
	
 
    	
Name:
    	
Stephen   H. Deckoff
    
	
 
    	
Title:
    	
Mananging   Principal
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Garrison   Funding 2010-1 LLC, as a Lender
    
	
 
    	
By:   Garrison Investment Group LP, its collateral manager
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Julian Weldon
    
	
 
    	
Name:
    	
Julian Weldon
    
	
 
    	
Title:
    	
SECRETARY
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
TELOS   CLO 2006-1, Ltd., as a Lender
    
	
 
    	
Managed   by Tricadia Loan Management LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Ro Toyoshima
    
	
 
    	
Name:
    	
Ro   Toyoshima
    
	
 
    	
Title:
    	
Mananging   Director
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Fifth   Street Finance Corp., as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Ivelin M. Dimitrov
    
	
 
    	
Name:
    	
Ivelin   M. Dimitrov
    
	
 
    	
Title:
    	
Chief   Investment Officer
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
TELOS   CLO 2007-2, Ltd., as a Lender 
    
	
 
    	
Managed   by Tricadia Loan Management LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Ro Toyoshima
    
	
 
    	
Name:
    	
Ro   Toyoshima
    
	
 
    	
Title:
    	
Managing   Director
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
Main   Street Capital Corporation, as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Rodger Stout
    
	
 
    	
Name:
    	
Rodger   Stout
    
	
 
    	
Title:
    	
Senior   Vice President
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
PENNANTPARK   FLOATING RATE CAPITAL LTD., as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Arthur Penn
    
	
 
    	
Name:
    	
Arthur   Penn
    
	
 
    	
Title:
    	
CEO
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
LUMX   VISIUM CREDIT FUND LIMITED, as a Lender
    
	
 
    	
 
    
	
 
    	
By:   Visium Asset Management, LP
    
	
 
    	
Its:  Trading Adviser
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Mark Gottlieb
    
	
 
    	
Name:
    	
Mark   Gottlieb
    
	
 
    	
Title:
    	
Authorized   Signatory
    

 

 

IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date set forth above.

 

	
 
    	
VISIUM   CREDIT MASTER FUND, LTD., as a Lender
    
	
 
    	
 
    
	
 
    	
By:   Visium Asset Management, LP
    
	
 
    	
Its:  Investment Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Mark Gottlieb
    
	
 
    	
Name:
    	
Mark   Gottlieb
    
	
 
    	
Title:
    	
Authorized   Signatory
    

 

 

EXHIBIT A

 

Revised Schedule 1.1(b)

 

Revolving Loan Commitments

 

	
Lender
    	
 
    	
Commitment
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
GE Capital Financial Inc.
    	
 
    	
$
    	
9,760,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
General Electric Capital Corporation
    	
 
    	
$
    	
6,400,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
Fifteenth Investment Sponsor Limited
    	
 
    	
$
    	
3,840,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
Jefferies Finance LLC
    	
 
    	
$
    	
10,000,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
Jefferies Leveraged Credit Products, LLC
    	
 
    	
$
    	
5,000,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
Total:
    	
 
    	
$
    	
35,000,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00196-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00196-of-00352.parquet"}]]