Document:

Exhibit 10.1

 Exhibit 10.1 

EXECUTION COPY 
 AMENDMENT
NO. 5 
 TO 
 AMENDED AND RESTATED
RECEIVABLES PURCHASE AGREEMENT 
 Dated as of November 20, 2013 

THIS AMENDMENT NO. 5 (this “Amendment”) is entered into as of November 20, 2013 by and among Consumers
Receivables Funding II, LLC, a Delaware limited liability company (the “Seller”), Consumers Energy Company, a Michigan corporation (“Consumers”), as initial servicer (the “Servicer”), the entities
party hereto from time to time as Conduits (together with any of their respective successors and assigns hereunder, the “Conduits”), the entities party hereto from time to time as Financial Institutions (together with any of their
respective successors and assigns hereunder, the “Financial Institutions”), the entities party hereto from time to time as Managing Agents (together with any of their respective successors and assigns hereunder, the
“Managing Agents”) and The Bank of Nova Scotia, (“BNS”), as assignee of JPMorgan Chase Bank, N.A., as administrative agent for the Purchasers (together with its successors and assigns hereunder, the
“Administrative Agent”). 
 PRELIMINARY STATEMENT 

The Seller, the Servicer, the Conduits, the Financial Institutions, the Managing Agents and the Administrative Agent are
parties to that certain Amended and Restated Receivables Purchase Agreement dated as of November 23, 2010 (as amended prior to the date hereof and as further amended, restated, supplemented or otherwise modified from time to time prior to the
date hereof, the “RPA”). Terms used herein and not otherwise defined herein shall have the meanings assigned in the RPA. 

The parties to the RPA enter into this Amendment to provide for certain modifications to the terms and provisions of the RPA
as more particularly set forth hereinbelow. 
 NOW THEREFORE, in consideration of the premises herein contained, and for
other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto hereby agree as follows: 

1.        Amendments to the RPA. Subject to the satisfaction of the conditions
precedent set forth in Section 2 below, the RPA is hereby amended as follows: 
 1.1.
Section 10.3 of the RPA is hereby amended to restate clause (a) in its entirety as follows: 

(a) If any Regulatory Change (i) subjects any Purchaser or any Funding Source to any charge or
withholding on or with respect to any Funding Agreement or this Agreement or a Purchaser’s or Funding Source’s obligations under a Funding Agreement or this Agreement, or on or with respect to the

 
Receivables, or changes the basis of taxation of payments to any Purchaser or any Funding Source of any amounts payable under any Funding Agreement or this Agreement (except for changes in the
rate of tax on the overall net income of a Purchaser or Funding Source or taxes excluded by Section 10.1) or (ii) imposes, modifies or deems applicable any reserve, assessment, fee, tax, insurance charge, special deposit or similar
requirement against assets of, deposits with or for the account of, or liabilities of a Funding Source or a Purchaser, or credit extended by a Funding Source or a Purchaser pursuant to a Funding Agreement or this Agreement or (iii) imposes any
other condition the result of which is to increase the cost to a Funding Source or a Purchaser of performing its obligations under a Funding Agreement or this Agreement, or to reduce the rate of return on a Funding Source’s or Purchaser’s
capital or assets as a consequence of its obligations under a Funding Agreement or this Agreement, or to reduce the amount of any sum received or receivable by a Funding Source or a Purchaser under a Funding Agreement or this Agreement, or to
require any payment calculated by reference to the amount of interests or loans held or interest received by it, then, within 30 days after demand by the Administrative Agent, Seller shall pay to the Program Agent, for the benefit of the relevant
Funding Source or Purchaser, such amounts charged to such Funding Source or Purchaser or such amounts to otherwise compensate such Funding Source or such Purchaser for such increased cost or such reduction. The term “Regulatory Change”
shall mean (i) the adoption after the date hereof of any applicable law, rule or regulation (including any applicable law, rule or regulation regarding capital adequacy or liquidity coverage) or any change therein after the date hereof,
(ii) any change after the date hereof in the interpretation or administration thereof by any Governmental Authority, Accounting Authority, central bank or comparable agency charged with the interpretation or administration thereof, or
compliance with any request or directive (whether or not having the force of law) of any such authority, central bank or comparable agency, or (iii) compliance with any request or directive (whether or not having the force of law) of any such
authority, central bank or comparable agency; provided that for purposes of this definition, compliance with, (x) the United States bank regulatory rule titled Risk-Based Capital Guidelines; Capital Adequacy Guidelines; Capital Maintenance:
Regulatory Capital; Impact of Modification to Generally Accepted Accounting Principles; Consolidation of Asset-Backed Commercial Paper Programs; and Other Related Issues, adopted on December 15, 2009, (y) the Dodd-Frank Wall Street Reform
and Consumer Protection Act and all requests, rules, guidelines or directives thereunder, issued in connection therewith or in implementation thereof, and (z) all requests, rules, guidelines and directives, including without limitation, Basel
III, promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, shall in each case be deemed to be a
“Regulatory Change”, regardless of the date enacted, adopted, issued or implemented. Seller acknowledges that any Purchaser or Conduit Funding Source may institute measures in anticipation of a Regulatory Change, and may

  
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commence allocating charges to or seeking compensation from Seller under this Section 10.3, in advance of the effective date of such Regulatory Change and Seller agrees to pay such
charges or compensation to the Program Agent, for the benefit of such Purchaser or Funding Source, following demand therefor without regard to whether such effective date has occurred. Seller further acknowledges that any charge or compensation
demanded hereunder may take the form of a monthly charge to be assessed by such Purchaser. 
 1.2.
Exhibit I to the RPA is hereby amended to delete the definitions therein of “Applicable Maximum Purchaser Interest”, “Applicable Stress Factor”, “Liquidity Termination Date”, “Net Receivables Balance”,
and “SPP Arrearage Amount” and replace them with the following: 
 “Applicable Maximum
Purchaser Interest” means 100%. 
 “Applicable Stress Factor” means 2.25. 

“Liquidity Termination Date” means November 20, 2015. 

“Net Receivables Balance” means, at any time, the aggregate Outstanding Balance of all
Eligible Receivables at such time, minus the sum (without duplication) of (i) the greater of (a) $3,000,000 and (b) the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates
exceeds the Concentration Limit for such Obligor, (ii) the Excess Unbilled Receivables Amount at such time, (iii) the aggregate Outstanding Balance of Unapplied Cash and Credits at such time, (iv) the Customer Deposits at such time,
(v) the Unbilled Receivables Offset Amount at such time, (vi) the Excess Government Receivables Amount at such time, (vii) the Excess Non-Energy Receivables Amount at such time and (viii) the Excess SPP Arrearage Amount. 

“SPP Arrearage Amount” means, at any time, 9% of the aggregate Outstanding Balance of all
Eligible Receivables at such time. 
 1.3. Exhibit I to the RPA is hereby further amended to add the
following definition in the appropriate alphabetical order: 
 “Excess SPP Arrearage
Amount” means at any time, an amount equal to the positive difference, if any, between (i) the SPP Arrearage Amount as of such time and (ii) 2.5% of the aggregate Outstanding Balance of all Eligible Receivables at such time. 

2.        Conditions Precedent. This Amendment shall become
effective and be deemed effective, as of the date first above written, upon the latest to occur of receipt by the Administrative Agent of one copy of each of this Amendment. 

  
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 3.        Covenants,
Representations and Warranties of the Seller and the Servicer. 

3.1.        Upon the effectiveness of this Amendment, each of the
Seller and the Servicer hereby reaffirms all covenants, representations and warranties made by it in the RPA, as amended, and agrees that all such covenants, representations and warranties shall be deemed to have been re-made as of the effective
date of this Amendment. 
 3.2.        Each of the Seller and the
Servicer hereby represents and warrants as to itself (i) that this Amendment constitutes the legal, valid and binding obligation of such party enforceable against such party in accordance with its terms, except as enforceability may be limited
by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and general principles of equity which may limit the availability of equitable remedies and (ii) upon the
effectiveness of this Amendment, that no event shall have occurred and be continuing which constitutes an Amortization Event or a Potential Amortization Event. 

4.        Fees, Costs, Expenses and Taxes. Without limiting the rights of the
Administrative Agent, the Managing Agents and the Purchasers set forth in the RPA and the other Transaction Documents, the Seller agrees to pay on demand all reasonable fees and out-of-pocket expenses of counsel for the Administrative Agent, the
Managing Agents and the Purchasers incurred in connection with the preparation, execution and delivery of this Amendment and the other instruments and documents to be delivered in connection herewith and with respect to advising the Administrative
Agent and the Purchasers as to their rights and responsibilities hereunder and thereunder. 

5.        Ratification. The RPA, as amended hereby, is hereby ratified,
approved and confirmed in all respects. 
 6.        Reference to Agreement.
From and after the effective date hereof, each reference in the RPA to “this Agreement”, “hereof”, or “hereunder” or words of like import, and all references to the RPA in any and all agreements, instruments, documents,
notes, certificates and other writings of every kind and nature shall be deemed to mean the RPA as amended by this Amendment. 

7.        CHOICE OF LAW. THIS AMENDMENT SHALL BE GOVERNED AND CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF NEW YORK, BUT OTHERWISE WITHOUT REGARD TO THE LAW OF CONFLICTS) OF THE STATE OF NEW YORK, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE
TO NATIONAL BANKS. 
 8.        Execution of Counterparts. This
Amendment may be executed in any number of counterparts and by different parties hereto 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. 

  
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 9.        Headings. Section
headings in this Amendment are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purpose. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered as of the date first written above. 
  

							
	 CONSUMERS RECEIVABLES FUNDING II,

LLC, as Seller

		
	By: /s/ DV
Rao                                      	 	
		 	Name:	 	Venkat Dhenuvakonda Rao	 	
		 	Title:	 	President, Chief Executive Officer,	 	
		 		 	Chief Financial Officer and Treasurer
	
	CONSUMERS ENERGY COMPANY, as Servicer
		
	By: /s/ DV
Rao                                      	 	
		 	Name:	 	Venkat Dhenuvakonda Rao	 	
		 	Title:	 	Vice President and Treasurer	 	

 Signature Page to 

Amendment No. 5 to Amended and Restated Receivables Purchase Agreement 

 
							
	BNS PURCHASER GROUP:
	
	 LIBERTY STREET FUNDING LLC,
 as a
Conduit

	
	By: /s/ Jill
Russo                                  
		 	Name: Jill A. Russo
		 	Title: Vice President
	
	 THE BANK OF NOVA SCOTIA, as a Financial

Institution, as a Managing Agent and as
 Administrative
Agent

	
	By: /s/ Thane Rattew                            
		 	Name: THANE RATTEW
		 	Title: MANAGING DIRECTOR

 Signature Page to 

Amendment No. 5 to Amended and Restated Receivables Purchase AgreementEX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
 FIFTH
SUPPLEMENTAL INDENTURE 
 This Fifth Supplemental Indenture, dated as of November 22, 2013 (this “Fifth Supplemental
Indenture”), among SeaWorld Parks & Entertainment, Inc. (f/k/a SW Acquisition Co., Inc.), a Delaware corporation (the “Company”), the Guarantors (as defined in the Indenture referred to herein) and Wilmington
Trust, National Association (as successor by merger to Wilmington Trust FSB), as trustee under the Indenture referred to below (the “Trustee”). 

W I T N E S S E T H 

WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture, dated as of December 1, 2009 (the “Base
Indenture”), providing for the issuance of Senior Notes due 2016 (the “Notes”), a First Supplemental Indenture thereto, dated as of August 30, 2011, a Second Supplemental Indenture thereto, dated as of March 30,
2012, a Third Supplemental Indenture thereto, dated as of December 17, 2012, and a Fourth Supplemental Indenture thereto, dated as of April 12, 2013 (together with the Base Indenture, the “Indenture”); 

WHEREAS, the Company and the Holders desire to amend certain terms of the Indenture on the terms contemplated hereby (the
“Amendments”) in order to conform certain provisions of the Indenture to the corresponding provisions of the Company’s existing senior secured credit facilities; 

WHEREAS, Section 9.02 of the Indenture provides that the Issuer and the Trustee may amend or supplement the Indenture, the Notes and the
Guarantees with the consent of the Required Holders; 
 WHEREAS, the Required Holders of the Notes have provided their written consent to
this Fifth Supplemental Indenture; and 
 WHEREAS, the execution of this Fifth Supplemental Indenture by the parties hereto is in all
respects authorized by the provisions of the Indenture, and the Company has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel with respect to such execution. 

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the Company, the Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows: 

1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. 

 2. Amendment of Indenture. The Indenture shall be amended as follows: 

(a) Section 4.07(b) is amended by amending clause (9) thereof to read in full as follows: 

“(9) after any Qualified Public Offering, (i) any Restricted Payment by the Issuer or any other direct or indirect
parent of the Issuer to a parent company (including Holdings) to pay listing fees and other costs and expenses attributable to being a publicly traded company which are reasonable and customary, and (ii) Restricted Payments not to exceed the
greater of (A) 6% per annum of the net proceeds received by (or contributed to) the Issuer and its Restricted Subsidiaries from such Qualified Public Offering and (B) an aggregate amount per annum not to exceed (w) $90.0 million,
so long as, after giving pro forma effect to the payment of any such Restricted Payment, the Consolidated Total Leverage Ratio shall be no greater than 5.00 to 1.00 and greater than 4.50 to 1.00, (x) $120.0 million, so long as, after giving pro
forma effect to the payment of any such Restricted Payment, the Consolidated Total Leverage Ratio shall be no greater than 4.50 to 1.00 and greater than 4.00 to 1.00, (y) the greater of (a) $120.0 million and (b) 7.5% of Market
Capitalization, so long as, after giving pro forma effect to the payment of any such Restricted Payment, the Consolidated Total Leverage Ratio shall be no greater than 4.00 to 1.00 and greater than 3.50 to 1.00 and (z) an unlimited amount, so
long as, after giving pro forma effect to the payment of any such Restricted Payment, the Consolidated Total Leverage Ratio shall be no greater than 3.50 to 1.00.”. 

3. NEW YORK LAW TO GOVERN. THIS SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK. 
 4. Effect on Indenture. This Fifth Supplemental Indenture shall form a part of the Indenture for all purposes, and every
Holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. Except as expressly set forth herein, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall
remain in full force and effect, including with respect to this Fifth Supplemental Indenture. This Fifth Supplemental Indenture shall not be deemed to be a waiver of, or consent to, or a modification or amendment of, any other term or condition of
the Indenture or the Notes or to prejudice any other right or rights which the Holders of the Notes may now have or may have in the future under or in connection with the Indenture or any of the instruments or agreements referred to therein, as the
same may be amended from time to time. 
 5. Confirmation of Guarantee. Without limiting the generality of the preceding paragraph,
each of the Guarantors listed on the signature pages hereto hereby, jointly and severally, unconditionally confirms that its previously made Guarantee shall apply to the Issuer’s obligations under the Indenture as amended hereby and the Notes.

 6. Separability Clause. In case any provision in this Fifth Supplemental Indenture shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 7.
Counterparts. The parties may sign any number of copies of this Fifth Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. This Fifth Supplemental Indenture may be executed by
any party hereto by 

  
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original or facsimile signature, or electronic format (including pdf) signature, and any facsimile or electronic signature shall also be deemed valid, binding and enforceable as an original
signature. 
 8. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction
hereof. 
 9. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or
sufficiency of this Fifth Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guarantors and the Company. 

[Signature pages follow] 

  
 3 

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

			
	SEAWORLD PARKS & ENTERTAINMENT, INC.
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Vice President, Performance Management and Controller

	
	SEAWORLD ENTERTAINMENT, INC.
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Chief Accounting Officer

	
	SEAWORLD PARKS & ENTERTAINMENT LLC
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Vice President, Performance Management and Controller

	
	SEAWORLD PARKS & ENTERTAINMENT INTERNATIONAL, INC.
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Vice President, Performance Management and Controller

	
	LANGHORNE FOOD SERVICES LLC
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Vice President, Performance Management and Controller

 
			
	SEA WORLD LLC
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Vice President, Performance Management and Controller

	
	SEA WORLD OF FLORIDA LLC
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Vice President, Performance Management and Controller

	
	SEA WORLD OF TEXAS LLC
		
	By:	 	 /s/ Marc G. Swanson

	Name:	 	 Marc G. Swanson

	Title:	 	 Vice President, Performance Management and Controller

	
	SEA WORLD OF TEXAS HOLDINGS, LLC
		
	By:	 	 /s/ Daniel J. Decker

	Name:	 	 Daniel J. Decker

	Title:	 	 Park President/Manager

	
	SEA WORLD OF TEXAS MANAGEMENT, LLC
		
	By:	 	 /s/ Daniel J. Decker

	Name:	 	 Daniel J. Decker

	Title:	 	 Park President/Manager

			
	SEA WORLD OF TEXAS BEVERAGE, LLC
		
	By:	 	 /s/ Daniel J. Decker

	Name:	 	 Daniel J. Decker

	Title:	 	 Park President/Manager

 WILMINGTON TRUST, NATIONAL ASSOCIATION (as successor by merger to Wilmington Trust FSB), as Trustee 

 

			
	By:	 	 /s/ Jane Schweiger

	Name:	 	Jane Schweiger
	Title:	 	Vice President

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