Document:

exv10w14

Exhibit 10.14

CREDIT AND GUARANTY AGREEMENT

dated as of [l], 2011,

among

COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC,

as Borrower,

CVR PARTNERS, LP AND CERTAIN OF ITS SUBSIDIARIES,

as Guarantors,

THE LENDERS PARTY HERETO

and

GOLDMAN SACHS LENDING PARTNERS LLC,

as Administrative Agent and Collateral Agent

__________________________

GOLDMAN SACHS LENDING PARTNERS LLC,

RBS SECURITIES INC.,

and

FIFTH THIRD BANK,

as Joint Lead Arrangers and Joint Lead Bookrunners

[SYNDICATION AGENT],

as Syndication Agent

[DOCUMENTATION AGENT],

as Documentation Agent

__________________________

$150,000,000 Senior Secured Credit Facilities

__________________________

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	SECTION 1. DEFINITIONS AND INTERPRETATION
	 	 	1	 
	1.1. Definitions
	 	 	1	 
	1.2. Accounting Terms; Pro Forma Calculations
	 	 	47	 
	1.3. Interpretation, Etc
	 	 	48	 
	1.4. Classification of Loans and Borrowings
	 	 	48	 
	 
	 	 	 	 
	SECTION 2. LOANS AND LETTERS OF CREDIT
	 	 	49	 
	2.1. Term Loans
	 	 	49	 
	2.2. Revolving Loans
	 	 	49	 
	2.3. Letters of Credit
	 	 	51	 
	2.4. Pro Rata Shares; Availability of Funds
	 	 	55	 
	2.5. Use of Proceeds
	 	 	55	 
	2.6. Evidence of Debt; Register; Notes
	 	 	56	 
	2.7. Interest on Loans and Letter of Credit Disbursements
	 	 	56	 
	2.8. Conversion/Continuation
	 	 	58	 
	2.9. Default Interest
	 	 	59	 
	2.10. Fees
	 	 	59	 
	2.11. Repayment on Maturity Date
	 	 	60	 
	2.12. Voluntary Prepayments/Commitment Reductions
	 	 	60	 
	2.13. Mandatory Prepayments
	 	 	64	 
	2.14. Application of Prepayments
	 	 	65	 
	2.15. General Provisions Regarding Payments
	 	 	65	 
	2.16. Ratable Sharing
	 	 	66	 
	2.17. Making or Maintaining Eurodollar Rate Loans
	 	 	67	 
	2.18. Increased Costs; Capital Adequacy
	 	 	69	 
	2.19. Taxes; Withholding, Etc
	 	 	70	 
	2.20. Obligation to Mitigate
	 	 	74	 
	2.21. Defaulting Lenders
	 	 	74	 
	2.22. Removal or Replacement of a Lender
	 	 	77	 
	2.23. Incremental Facilities
	 	 	78	 
	2.24. Loan Modification Offers
	 	 	80	 
	 
	 	 	 	 
	SECTION 3. CONDITIONS PRECEDENT
	 	 	81	 
	3.1. Closing Date
	 	 	81	 
	3.2. Each Credit Extension
	 	 	84	 
	 
	 	 	 	 
	SECTION 4. REPRESENTATIONS AND WARRANTIES
	 	 	85	 
	4.1. Organization; Requisite Power and Authority; Qualification
	 	 	85	 
	4.2. Equity Interests and Ownership
	 	 	85	 
	4.3. Due Authorization
	 	 	85	 
	4.4. No Conflict
	 	 	85	 

i

 

	 	 	 	 	 
	 	 	Page
	4.5. Governmental Approvals
	 	 	86	 
	4.6. Binding Obligation
	 	 	86	 
	4.7. Historical Financial Statements
	 	 	86	 
	4.8. Projections
	 	 	86	 
	4.9. No Material Adverse Effect
	 	 	86	 
	4.10. Adverse Proceedings
	 	 	86	 
	4.11. Taxes
	 	 	87	 
	4.12. Properties
	 	 	87	 
	4.13. Environmental Matters
	 	 	88	 
	4.14. No Defaults
	 	 	89	 
	4.15. Agreements
	 	 	89	 
	4.16. Governmental Regulation
	 	 	89	 
	4.17. Margin Stock
	 	 	89	 
	4.18. Employee Matters
	 	 	90	 
	4.19. Employee Benefit Plans
	 	 	90	 
	4.20. Solvency
	 	 	90	 
	4.21. Compliance with Laws
	 	 	91	 
	4.22. Disclosure
	 	 	91	 
	4.23. Collateral Matters
	 	 	91	 
	4.24. Insurance
	 	 	92	 
	4.25. PATRIOT Act
	 	 	92	 
	4.26. OFAC
	 	 	92	 
	 
	 	 	 	 
	SECTION 5. AFFIRMATIVE COVENANTS
	 	 	93	 
	5.1. Financial Statements and Other Reports
	 	 	93	 
	5.2. Existence
	 	 	97	 
	5.3. Payment of Taxes and Claims
	 	 	97	 
	5.4. Maintenance of Properties
	 	 	97	 
	5.5. Insurance
	 	 	97	 
	5.6. Books and Records; Inspections
	 	 	100	 
	5.7. Lenders Meetings
	 	 	100	 
	5.8. Compliance with Laws
	 	 	100	 
	5.9. Environmental
	 	 	101	 
	5.10. Additional Subsidiaries
	 	 	103	 
	5.11. Additional Collateral; Deposit and Securities Accounts; Consents to Assignments
	 	 	103	 
	5.12. Further Assurances
	 	 	103	 
	5.13. Cooperation with Syndication Efforts
	 	 	104	 
	 
	 	 	 	 
	SECTION 6. NEGATIVE COVENANTS
	 	 	104	 
	6.1. Indebtedness
	 	 	104	 
	6.2. Liens
	 	 	107	 
	6.3. No Further Negative Pledges
	 	 	109	 
	6.4. Restricted Payments; Certain Payments of Indebtedness
	 	 	109	 
	6.5. Restrictions on Subsidiary Distributions
	 	 	111	 
	6.6. Investments
	 	 	112	 
	6.7. Financial Covenants
	 	 	114	 
	6.8. Fundamental Changes; Disposition of Assets
	 	 	114	 

ii

 

	 	 	 	 	 
	 	 	Page
	6.9. Sales and Leasebacks
	 	 	116	 
	6.10. Transactions with Affiliates
	 	 	116	 
	6.11. Conduct of Business
	 	 	116	 
	6.12. Permitted Activities of Holdings
	 	 	116	 
	6.13. Amendments or Waivers of Organizational Documents
	 	 	117	 
	6.14. Fiscal Year
	 	 	117	 
	6.15. United States Federal Income Tax Classification
	 	 	117	 
	 
	 	 	 	 
	SECTION 7. GUARANTEE
	 	 	117	 
	7.1. Guarantee of the Obligations
	 	 	117	 
	7.2. Contribution by Guarantors
	 	 	117	 
	7.3. Payment by Guarantors
	 	 	118	 
	7.4. Liability of Guarantors Absolute
	 	 	118	 
	7.5. Waivers by Guarantors
	 	 	120	 
	7.6. Guarantors’ Rights of Subrogation, Contribution, Etc
	 	 	121	 
	7.7. Subordination of Other Obligations
	 	 	121	 
	7.8. Continuing Guarantee
	 	 	122	 
	7.9. Authority of the Guarantors or the Borrower
	 	 	122	 
	7.10. Financial Condition of the Borrower
	 	 	122	 
	7.11. Bankruptcy, Etc
	 	 	122	 
	7.12. Discharge of Guarantor Subsidiary upon Disposition
	 	 	123	 
	 
	 	 	 	 
	SECTION 8. EVENTS OF DEFAULT
	 	 	123	 
	8.1. Events of Default
	 	 	123	 
	 
	 	 	 	 
	SECTION 9. AGENTS
	 	 	126	 
	9.1. Appointment of Agents
	 	 	126	 
	9.2. Powers and Duties
	 	 	127	 
	9.3. General Immunity.
	 	 	127	 
	9.4. Agents Entitled to Act in Individual Capacity
	 	 	129	 
	9.5. Lenders’ Representations, Warranties and Acknowledgments
	 	 	129	 
	9.6. Right to Indemnity
	 	 	130	 
	9.7. Successor Administrative Agent and Collateral Agent
	 	 	130	 
	9.8. Collateral Documents and Guarantee
	 	 	131	 
	9.9. Withholding Taxes
	 	 	133	 
	9.10. Intercreditor Agreement
	 	 	133	 
	 
	 	 	 	 
	SECTION 10. MISCELLANEOUS
	 	 	134	 
	10.1. Notices
	 	 	134	 
	10.2. Expenses
	 	 	136	 
	10.3. Indemnity
	 	 	137	 
	10.4. Set-Off
	 	 	138	 
	10.5. Amendments and Waivers
	 	 	138	 
	10.6. Successors and Assigns; Participations
	 	 	142	 
	10.7. Independence of Covenants
	 	 	148	 
	10.8. Survival of Representations, Warranties and Agreements
	 	 	148	 
	10.9. No Waiver; Remedies Cumulative
	 	 	148	 

iii

 

	 	 	 	 	 
	 	 	Page
	10.10. Marshalling; Payments Set Aside
	 	 	149	 
	10.11. Severability
	 	 	149	 
	10.12. Obligations Several; Independent Nature of Lenders’ Rights
	 	 	149	 
	10.13. Headings
	 	 	149	 
	10.14. APPLICABLE LAW
	 	 	149	 
	10.15. CONSENT TO JURISDICTION
	 	 	150	 
	10.16. WAIVER OF JURY TRIAL
	 	 	150	 
	10.17. Confidentiality
	 	 	151	 
	10.18. Usury Savings Clause
	 	 	152	 
	10.19. Counterparts
	 	 	152	 
	10.20. Effectiveness; Entire Agreement
	 	 	152	 
	10.21. PATRIOT Act
	 	 	153	 
	10.22. Electronic Execution of Assignments
	 	 	153	 
	10.23. No Fiduciary Duty
	 	 	153	 
	10.24. Limitation of Recourse on the General Partner
	 	 	153	 

iv

 

SCHEDULES:

	 	 	 

	2.1
	 	Commitments
	2.13
	 	Insurance Event Procedures
	4.2
	 	Equity Interests and Ownership
	4.12
	 	Real Estate
	4.13
	 	Environmental Matters
	4.15(a)
	 	Material Contracts
	4.15(b)
	 	Existing CVR Intercompany Agreements
	4.24
	 	Insurance
	5.5
	 	Insurance Requirements
	6.1
	 	Indebtedness
	6.2
	 	Liens
	6.3
	 	Negative Pledges
	6.4
	 	Existing Cash Distribution Policy
	6.5
	 	Restrictions on Subsidiary Distributions
	6.6
	 	Investments
	6.10
	 	Affiliate Transactions
	10.1
	 	Notices

EXHIBITS:

	 	 	 

	A
	 	Assignment Agreement
	B
	 	Certificate re Non-Bank Status
	C
	 	Closing Date Certificate
	D
	 	Compliance Certificate
	E
	 	Consent to Assignment
	F
	 	Conversion/Continuation Notice
	G
	 	Counterpart Agreement
	H
	 	Funding Notice
	I
	 	Intercompany Note
	J
	 	Intercreditor Agreement
	K
	 	Issuance Notice
	L
	 	Landlord Personal Property Collateral Access Agreement
	M
	 	Pledge and Security Agreement
	N
	 	Promissory Note
	O
	 	Solvency Certificate
	P
	 	Subordination, Non-Disturbance and Attornment Agreement
	Q
	 	Supplemental Collateral Questionnaire

v

 

          CREDIT AND GUARANTY AGREEMENT dated as of [l], 2011, among COFFEYVILLE RESOURCES
NITROGEN FERTILIZERS, LLC, a Delaware limited liability company (the “Borrower”), CVR PARTNERS, LP,
a Delaware limited partnership (“Holdings”), CERTAIN SUBSIDIARIES OF HOLDINGS party hereto, as
Guarantor Subsidiaries, the LENDERS party hereto and GOLDMAN SACHS LENDING PARTNERS LLC (“GSLP”),
as Administrative Agent and Collateral Agent.

RECITALS:

          WHEREAS capitalized terms used in these recitals shall have the meanings set forth for such
terms in Section 1.1;

          WHEREAS the Lenders have agreed to extend credit facilities to the Borrower in an aggregate
principal amount of $150,000,000, consisting of Tranche B Term Loans in an aggregate principal
amount of $125,000,000 and Revolving Commitments in an aggregate initial amount of $25,000,000;

          WHEREAS the Borrower has agreed to secure the Obligations by granting to the Collateral Agent,
for the benefit of the Secured Parties, a Lien on substantially all of its assets; and

          WHEREAS the Guarantors have agreed to Guarantee the Obligations and to secure the Obligations
by granting to the Collateral Agent, for the benefit of the Secured Parties, a Lien on
substantially all of their assets.

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

          SECTION 1. DEFINITIONS AND INTERPRETATION

          1.1. Definitions. The following terms used herein, including in the preamble, recitals,
exhibits and schedules hereto, shall have the following meanings:

          “Accepting Lender” as defined in Section 2.24(a).

          “Acquisition Consideration” means, with respect to any acquisition, the purchase consideration
for such acquisition and all other payments by Holdings or any Subsidiary to the transferor, or any
Affiliates thereof, in exchange for, or as part of, or in connection with, such acquisition,
whether paid in Cash or by exchange of Equity Interests or of other properties and whether payable
at or prior to the consummation of such acquisition or deferred for payment at any future time,
whether or not any such future payment is subject to the occurrence of any contingency, and
including any and all payments representing any assumptions of Indebtedness, “earn-outs” and other
agreements to make any payment the amount of which is, or the terms of payment of which are, in any
respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of
the Persons or assets acquired.

 

 

          “Adjusted Eurodollar Rate” means, for any Interest Rate Determination Date with respect to an
Interest Period for a Eurodollar Rate Loan, the rate per annum obtained by dividing (and rounding
upwards, if necessary, to the next 1/100 of 1%) (a) (i) the rate per annum equal to the rate
determined by the Administrative Agent to be the offered rate that appears on the page of the
Reuters Screen that displays an average British Bankers Association Interest Settlement Rate (such
page currently being LIBOR01 page) for deposits (for delivery on the first day of such Interest
Period) with a term equivalent to such Interest Period in Dollars, determined as of approximately
11:00 a.m. (London, England time) on such Interest Rate Determination Date, or (ii) in the event
the rate referenced in the preceding clause (i) does not appear on such page or if the Reuters
Screen shall cease to be available, the rate per annum equal to the rate determined by the
Administrative Agent to be the offered rate on such other page or other service that displays an
average British Bankers Association Interest Settlement Rate for deposits (for delivery on the
first day of such Interest Period) with a term equivalent to such Interest Period in Dollars,
determined as of approximately 11:00 a.m. (London, England time) on such Interest Rate
Determination Date, or (iii) in the event the rates referenced in the preceding clauses (i) and
(ii) are not available, the rate per annum equal to the offered quotation rate to first class banks
in the London interbank market by JPMorgan Chase Bank, N.A. for deposits (for delivery on the first
day of such Interest Period) in Dollars in same day funds of $5,000,000 with maturities comparable
to such Interest Period as of approximately 11:00 a.m. (London, England time) on such Interest
Rate Determination Date, by (b) an amount equal to (i) one minus (ii) the Applicable Reserve
Requirement.

          “Administrative Agent” means GSLP, in its capacity as administrative agent for the Lenders
hereunder and under the other Credit Documents, and its successors in such capacity as provided in
Section 9.

          “Adverse Proceeding” means any action, suit, proceeding, hearing or investigation, in each
case whether administrative, judicial or otherwise, by or before any Governmental Authority or any
arbitrator, that is pending or, to the knowledge of Holdings or any Subsidiary, threatened against
or affecting Holdings or any Subsidiary or any property of Holdings or any Subsidiary.

          “Affected Lender” as defined in Section 2.17(b).

          “Affected Loans” as defined in Section 2.17(b).

          “Affiliate” means, with respect to any Person, any other Person directly or indirectly
Controlling, Controlled by or under common Control with the Person specified; provided that
for purposes of Section 6.10, the term “Affiliate” also means any Person that is a director or an
executive officer of the Person specified, any Person that directly or indirectly beneficially owns
Equity Interests in the Person specified representing 10% or more of the aggregate ordinary voting
power represented by the issued and outstanding Equity Interests in the Person specified and any
Person that would be an Affiliate of any such beneficial owner pursuant to this definition (but
without giving effect to this proviso). For purposes hereof and the other Credit Documents, none
of Goldman Sachs & Co., any of its Subsidiaries or any of its other Controlled Affiliates (other
than CVR Energy and its Subsidiaries) shall be deemed to be an Affiliate of Holdings or any of its
Subsidiaries.

2

 

          “Affiliated Lender” means any Lender that is a CVR Energy Entity.

          “Affiliated Lender Limitation” means the requirement that the aggregate amount of the Tranche
B Term Loan Exposure and Incremental Term Loan Exposure of all the Affiliated Lenders shall not at
any time exceed $10,000,000.

          “Agent” means each of (a) the Administrative Agent, (b) the Collateral Agent, (c) the
Documentation Agent, (d) the Syndication Agent and (e) any other Person appointed under the Credit
Documents to serve in an agent or similar capacity.

          “Aggregate Amounts Due” as defined in Section 2.16.

          “Aggregate Payments” as defined in Section 7.2.

          “Agreement” means this Credit and Guaranty Agreement dated as of [l], 2011.

          “Applicable Discount” as defined in Section 2.12(c)(iii).

          “Applicable Margin” means, for any day, (a) with respect to any Base Rate Loan or Eurodollar
Rate Loan that is a Revolving Loan or a Tranche B Term Loan, the applicable rate per annum set
forth below under the caption “Applicable Margin for Base Rate Loans” or “Applicable Margin for
Eurodollar Rate Loans”, as the case may be, based upon the Leverage Ratio as of the end of the
Fiscal Quarter for which consolidated financial statements have theretofore been most recently
delivered pursuant to Section 5.1(a) or 5.1(b), provided that, until the date of delivery
of the consolidated financial statements pursuant to Section 5.1(a) as of and for the first Fiscal
Quarter that shall have ended after the Closing Date, the Applicable Margin shall be based on the
rates per annum as if the Leverage Ratio then in effect were 1.99:1.00, and (b) with respect to
Incremental Term Loans of any Series, the rate per annum specified in the Incremental Facility
Agreement establishing Incremental Term Loan Commitments of such Series.

	 	 	 	 	 	 	 	 	 
	 	 	Applicable Margin for	 	Applicable Margin for
	Leverage Ratio	 	Base Rate Loans	 	Eurodollar Rate Loans
	3 3.00:1.00
	 	 	3.25	%	 	 	4.25	%
	 
	 	 	 	 	 	 	 	 
	< 3.00:1.00

3 2.00:1.00
	 	 	3.00	%	 	 	4.00	%
	 
	 	 	 	 	 	 	 	 
	< 2.00:1.00

3 1.00:1.00
	 	 	2.75	%	 	 	3.75	%
	 
	 	 	 	 	 	 	 	 
	< 1.00:1.00
	 	 	2.50	%	 	 	3.50	%

No change in the Applicable Margin shall be effective until three Business Days after the date on
which the Administrative Agent shall have received the applicable financial statements pursuant to
Section 5.1(a) or 5.1(b) and the related Compliance Certificate pursuant to Section 5.1(c)
calculating the Leverage Ratio. Notwithstanding the foregoing, the Applicable Margin shall be
determined as if the Leverage Ratio were in excess of 3.00:1.00 (i) at any time that an Event of
Default has occurred and is continuing or (ii) if Holdings and the Borrower have not delivered to

3

 

the Administrative Agent the applicable information as and when required pursuant to Section
5.1(a), 5.1(b) or 5.1(c), during the period commencing on and including the day of the occurrence
of a Default resulting therefrom until the delivery thereof. In the event that any financial
statements or Compliance Certificate delivered pursuant to Section 5.1 shall prove (at a time when
this Agreement is in effect and any Loans are outstanding) to have been inaccurate, and such
inaccuracy, if corrected, would have resulted in the application of a higher Applicable Margin for
any period than the Applicable Margin applied for such period, then (A) Holdings and the Borrower
shall promptly deliver to the Administrative Agent a corrected Compliance Certificate for such
period and (B) the Borrower shall pay to the Administrative Agent, for distribution to the Lenders
of any Class, as additional interest compensation, an amount equal to the accrued interest that
should have been paid on Loans of such Class during such period but was not paid as a result of
such inaccuracy. Nothing in this paragraph shall limit the right of the Administrative Agent or
any Lender under Section 2.9 or 8.

          “Applicable Reserve Requirement” means, at any time, for any Eurodollar Rate Loan, the maximum
rate, expressed as a decimal, at which reserves (including any basic, marginal, special,
supplemental, emergency or other reserves) are required to be maintained by member banks with
respect thereto against “Eurocurrency liabilities” (as such term is defined in Regulation D) under
regulations issued from time to time by the Board of Governors or other applicable banking
regulator. Without limiting the effect of the foregoing, the Applicable Reserve Requirement shall
reflect any other reserves required to be maintained by such member banks with respect to (a) any
category of liabilities that includes deposits by reference to which the applicable Adjusted
Eurodollar Rate or any other interest rate of a Loan is to be determined or (b) any category of
extensions of credit or other assets that includes Eurodollar Rate Loans. A Eurodollar Rate Loan
shall be deemed to constitute Eurocurrency liabilities and as such shall be deemed subject to
reserve requirements without benefit of credit for proration, exceptions or offsets that may be
available from time to time to the applicable Lender. The rate of interest on Eurodollar Rate
Loans shall be adjusted automatically on and as of the effective date of any change in the
Applicable Reserve Requirement.

          “Approved Electronic Communications” means any notice, demand, communication, information,
document or other material that any Credit Party provides to the Administrative Agent pursuant to
any Credit Document or the transactions contemplated therein that is distributed to the Agents, the
Lenders or any Issuing Bank by means of electronic communications pursuant to Section 10.1(b).

          “Arrangers” means GSLP, RBS Securities Inc. and Fifth Third Bank, each in its capacity as
joint lead arranger and joint bookrunner for the credit facilities provided herein.

          “Asset Sale” means any sale, transfer, lease or other disposition of assets made in reliance
on Section 6.8(a)(ix), other than any such disposition (or series of related dispositions)
resulting in aggregate Net Proceeds not exceeding $4,000,000 during any Fiscal Year (it being
understood that any Insurance Event shall not be deemed to be an Asset Sale for purposes hereof).

4

 

          “Assignment Agreement” means an Assignment and Assumption Agreement substantially in the form
of Exhibit A, with such amendments or modifications thereto as may be approved by the
Administrative Agent.

          “Assignment Effective Date” as defined in Section 10.6(b).

          “Auction” as defined in Section 2.12(c)(i).

          “Auction Amount” as defined in Section 2.12(c)(i).

          “Auction Notice” as defined in Section 2.12(c)(i).

          “Authorized Officer” means, with respect to any Person, any individual holding the position of
chairman of the board (if an officer), chief executive officer, president, vice president (or the
equivalent thereof), chief financial officer or treasurer of such Person; provided that,
when such term is used in reference to a certificate or other document executed by, or a
certification of, an Authorized Officer, the secretary or assistant secretary of such Person shall
have delivered an incumbency certificate to the Administrative Agent as to the authority of such
individual.

          “Bankruptcy Code” means Title 11 of the United States Code entitled “Bankruptcy”.

          “Base Rate” means, for any day, the rate per annum equal to the greatest of (a) the Prime Rate
in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1% and
(c) the sum of (i) the Adjusted Eurodollar Rate that would be applicable to a Eurodollar Rate Loan
with an Interest Period of one month commencing on such day and (ii) the excess of the Applicable
Margin with respect to Eurodollar Rate Loans over the Applicable Margin with respect to Base Rate
Loans. Any change in the Base Rate due to a change in the Prime Rate, the Federal Funds Effective
Rate or the Adjusted Eurodollar Rate shall be effective on the effective day of such change in the
Prime Rate, the Federal Funds Effective Rate or the Adjusted Eurodollar Rate, as the case may be.

          “Base Rate Borrowing” means a Borrowing comprised of Loans that are Base Rate Loans.

          “Base Rate Loan” means a Loan bearing interest at a rate determined by reference to the Base
Rate.

          “Board of Governors” means the Board of Governors of the United States Federal Reserve System,
or any successor thereto.

          “Borrower” as defined in the preamble hereto.

          “Borrowing” means Loans of the same Class and Type made, converted or continued on the same
date and, in the case of Eurodollar Rate Loans, as to which a single Interest Period is in effect.

5

 

          “Business Day” means any day other than a Saturday, Sunday or a day that is a legal holiday
under the laws of the State of New York or on which banking institutions located in such State are
authorized or required by law to remain closed; provided that, with respect to all notices,
determinations, fundings and payments in connection with the Adjusted Eurodollar Rate or any
Eurodollar Rate Loan, such day is also a day for trading by and between banks in Dollar deposits in
the London interbank market.

          “Capital Lease Obligations” of any Person means the obligations of such Person to pay rent or
other amounts under any lease of (or other arrangement conveying the right to use) real or personal
property, or a combination thereof, which obligations are required to be classified and accounted
for as capital leases on a balance sheet of such Person under GAAP, and the amount of such
obligations shall be the capitalized amount thereof determined in conformity with GAAP. For
purposes of Section 6.2, a Capital Lease Obligation shall be deemed to be secured by a Lien on the
property being leased and such property shall be deemed to be owned by the lessee.

          “Cash” means money, currency or a credit balance in any demand or Deposit Account.

          “Cash Collateralize” means, to pledge and deposit with or deliver to the Administrative Agent,
for the benefit of one or more of the Issuing Banks or Revolving Lenders, as collateral for Letters
of Credit or obligations of Revolving Lenders to fund participations in Letters of Credit, Cash or
Deposit Account balances or, if the Administrative Agent and each applicable Issuing Bank shall
agree in their sole discretion, other credit support, in each case pursuant to documentation in
form and substance satisfactory to the Administrative Agent and each applicable Issuing Bank.
“Cash Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds
of such cash collateral and other credit support.

          “Cash Equivalents” means:

          (a) securities issued or directly and unconditionally guaranteed or insured by the United
States of America (or any agency or instrumentality thereof to the extent the obligations thereof
are backed by the full faith and credit of the United States of America), in each case maturing not
more than two years from the date of acquisition thereof;

          (b) time deposits, demand deposits, money market deposits, certificates of deposit and
eurodollar time deposits, in each case maturing within one year from the date of acquisition
thereof, bankers’ acceptances maturing not more than one year from the date of acquisition thereof
and overnight bank deposits, in each case, issued, guaranteed or placed with any commercial bank
organized under the laws of the United States of America, any State thereof or the District of
Columbia that has a combined capital and surplus and undivided profits in excess of $500,000,000;

          (c) repurchase obligations for underlying securities of the types set forth in clauses (a)
and (f) of this definition entered into with any bank meeting the qualifications specified in
clause (b) above;

6

 

          (d) commercial paper rated at least P-1 by Moody’s or at least A-1 by S&P (or, if at any time
neither Moody’s nor S&P shall be rating such obligations, an equivalent rating from another rating
agency), in each case maturing within two years after the date of acquisition thereof;

          (e) marketable short-term money market and similar securities that are rated at least P-2 by
Moody’s or at least A-2 by S&P, or liquidity funds or other similar money market mutual funds that
are rated at least Aaa by Moody’s or AAAm by S&P (or, in each case, if at any time neither Moody’s
nor S&P shall be rating such obligations, an equivalent rating from another rating agency);

          (f) securities issued by any State of the United States of America or the District of
Columbia, or any political subdivision, taxing authority or public instrumentality thereof,
maturing within two years from the date of acquisition thereof and having an investment grade
rating from Moody’s or S&P;

          (g) money market funds (or other investment funds) (i) at least 95% of the assets of which
constitute Cash Equivalents of the type described in clauses (a) through (f) of this definition;
and

          (h) in the case of any Foreign Subsidiary, (i) securities issued or directly and
unconditionally guaranteed by the sovereign nation (or any agency thereof to the extent the
obligations thereof are backed by the full faith and credit of such sovereign nation) in which such
Foreign Subsidiary is organized or is conducting business, in each case maturing not more than one
year from the date of acquisition thereof, and (ii) investments of that are analogous to those set
forth in clauses (b), (c), (d), (e) and (g) above of non-U.S. obligors, are of comparable credit
quality and are customarily used by companies in the jurisdiction in which such Foreign Subsidiary
is organized or is conducting business for cash management purposes.

          “Cash Management Service Provider” means each Secured Party that is a provider of Cash
Management Services the obligations arising in respect of which constitute Specified Cash
Management Obligations.

          “Cash Management Services” means (a) treasury management services (including controlled
disbursements, zero balance arrangements, cash sweeps, automated clearinghouse transactions, return
items, overdrafts, temporary advances, interest and fees and interstate depository network
services) provided to Holdings or any Subsidiary and (b) commercial credit card and purchasing card
services provided to Holdings or any Subsidiary.

          “CERCLA” means the Comprehensive Environmental Response, Compensation, and Liability Act.

          “Certificate re Non-Bank Status” means a certificate substantially in the form of Exhibit B.

          “Change in Tax Law” means the enactment, promulgation, execution or ratification of, or any
change in or amendment to, any law (including the Internal Revenue Code), treaty, regulation or
rule (or in the official application or interpretation of any law, treaty,

7

 

regulation or rule, including a holding, judgment or order by a court of competent
jurisdiction) relating to Tax.

          “Change of Control” means (a) the acquisition of ownership by any Person other than Holdings
of any Equity Interest in the Borrower; (b) at any time following the GP Transfer, the failure by
the Permitted Holders to own, beneficially and of record, Equity Interests in the General Partner
representing more than 50% of each of the aggregate ordinary voting power (or, if the General
Partner shall be a partnership, of the general partner interests) and the aggregate equity value
represented by the issued and outstanding Equity Interests in the General Partner; (c) the failure
by the General Partner to be the sole general partner of and to own, beneficially and of record,
100% of the general partner interests in Holdings; (d) the failure by the Permitted Holders to own,
beneficially and of record, Equity Interests in Holdings representing at least 25% of the aggregate
equity value represented by the issued and outstanding Equity Interests in Holdings; (e) the
majority of the seats (other than vacant seats) on the board of directors (or similar governing
body) of the General Partner cease to be occupied by individuals who either (i) were members of the
board of directors of the General Partner on the date hereof or (ii) were appointed by the
Permitted Holders; (f) the dissolution or liquidation of Holdings or the occurrence of an “Event of
Withdrawal” under and as defined in the Partnership Agreement; or (g) the occurrence of any “change
in control” (or similar event, however denominated) with respect to Holdings or the Borrower under
and as defined in any agreement or instrument evidencing, governing the rights of the holders of or
otherwise relating to any Material Indebtedness of Holdings, the Borrower or any other Subsidiary.

          “Class” when used in reference to (a) any Loan or Borrowing, refers to whether such Loan, or
the Loans comprising such Borrowing, are Revolving Loans, Tranche B Term Loans or Incremental Term
Loans of any Series, (b) any Commitment, refers to whether such Commitment is a Revolving
Commitment, a Tranche B Term Loan Commitment or an Incremental Term Loan Commitment of any Series
and (c) any Lender, refers to whether such Lender has a Loan or Commitment of a particular Class.

          “Closing Date” means the date on which the conditions specified in Section 3.1 have been
satisfied (or waived in accordance with Section 10.5).

          “Closing Date Certificate” means a Closing Date Certificate substantially in the form of
Exhibit C.

          “Coffeyville Facility” means the nitrogen fertilizer manufacturing facility of the Borrower
located in Coffeyville, Kansas.

          “Coffeyville Finance” means Coffeyville Finance, Inc., a Delaware corporation.

          “Coffeyville Resources” means Coffeyville Resources, LLC, a Delaware limited liability
company.

          “Coffeyville Resources Credit Agreement” means the ABL Credit Agreement dated as of February
22, 2011, among Coffeyville Resources and the other borrowers party thereto, the guarantors party
thereto, the lenders party thereto, Deutsche Bank Trust Company Americas, JPMorgan Chase Bank, N.A.
and Wells Fargo Capital Finance, LLC, as co-ABL

8

 

collateral agents thereunder, and Deutsche Bank Trust Company Americas, as administrative
agent and collateral agent thereunder, and certain other parties thereto.

          “Coffeyville Resources Distribution” means the distribution by Holdings to Coffeyville
Resources of (a) all or a portion of the Net Proceeds of the IPO (including an amount equal to
approximately $18,400,000 in satisfaction of an obligation of Holdings to reimburse Coffeyville
Resources for certain capital expenditures made by it with respect to the business of Holdings and
the Subsidiaries prior to October 24, 2007), (b) all or a portion of the proceeds of the Tranche B
Term Loans and (c) an amount equal to the aggregate amount of cash and cash equivalents less the
aggregate amount of the deferred revenues in respect of prepaid sales, in each case under this
clause (c) as would be reflected on the consolidated balance sheet of Holdings and the
Subsidiaries, prepared in conformity with GAAP, as of immediately prior to the consummation of the
IPO and the funding of the Loans.

          “Coffeyville Resources First Lien Senior Secured Notes Indenture” means the Indenture dated as
of April 6, 2010, among Coffeyville Resources, Coffeyville Finance, the guarantors party thereto,
and Wells Fargo Bank, National Association, pursuant to which the 9% First Lien Senior Secured
Notes due 2015 of Coffeyville Resources and Coffeyville Finance were issued.

          “Coffeyville Resources Second Lien Senior Secured Notes Indenture” means the Indenture dated
as of April 6, 2010, among Coffeyville Resources, Coffeyville Finance, the guarantors party
thereto, and Wells Fargo Bank, National Association, pursuant to which the 10 7/8% Second Lien
Senior Secured Notes due 2017 of Coffeyville Resources and Coffeyville Finance were issued.

          “Coffeyville Resources Senior Secured Notes Indentures” means the Coffeyville Resources First
Lien Senior Secured Notes Indenture and the Coffeyville Resources Second Lien Senior Secured Notes
Indenture.

          “Coke Supply Agreement” means the Coke Supply Agreement dated as of October 25, 2007, between
the Refinery Company and the Borrower.

          “Collateral” means, collectively, all of the property (including Equity Interests) on which
Liens are purported to be granted pursuant to the Collateral Documents as security for the
Obligations.

          “Collateral Agent” means GSLP, in its capacity as collateral agent for the Secured Parties
under the Credit Documents, and its successors in such capacity as provided in Section 9.

          “Collateral and Guarantee Requirement” means, at any time, the requirement that:

          (a) the Collateral Agent shall have received from Holdings and each Domestic Subsidiary
(other than the Borrower) either (i) a counterpart of this Agreement duly executed and delivered on
behalf of such Person as a “Guarantor” or (ii) in the case of any Person that

9

 

becomes a Domestic Subsidiary after the Closing Date, a Counterpart Agreement duly executed
and delivered on behalf of such Person;

          (b) the Collateral Agent shall have received from Holdings, the Borrower and each other
Domestic Subsidiary either (i) a counterpart of the Pledge and Security Agreement duly executed and
delivered on behalf of such Person or (ii) in the case of any Person that becomes a Domestic
Subsidiary after the Closing Date, a supplement to the Pledge and Security Agreement, in the form
specified therein, duly executed and delivered on behalf of such Person;

          (c) in the case of any Person that becomes a Domestic Subsidiary after the Closing Date, the
Administrative Agent shall have received documents and opinions of the type referred to in Sections
3.1(b) and 3.1(j) with respect to such Domestic Subsidiary;

          (d) all Equity Interests directly owned by any Credit Party shall have been pledged pursuant
to the Pledge and Security Agreement (subject to the limitation set forth in clause (b) of the
final paragraph of this definition), and the Collateral Agent shall, to the extent required by the
Pledge and Security Agreement, have received certificates or other instruments representing all
such Equity Interests, together with undated stock powers or other instruments of transfer with
respect thereto endorsed in blank;

          (e) all Indebtedness of Holdings, the Borrower and each other Subsidiary that is owing to any
Credit Party shall be evidenced by the Intercompany Note, which shall have been pledged pursuant to
the Pledge and Security Agreement and delivered to the Collateral Agent, together with undated
instruments of transfer with respect thereto endorsed in blank;

          (f) all documents and instruments, including UCC financing statements, required by applicable
law or reasonably requested by the Collateral Agent to be filed, registered or recorded to create
the Liens intended to be created by the Collateral Documents and perfect such Liens to the extent
required by, and with the priority required by, the Collateral Documents, shall have been filed,
registered or recorded or delivered to the Collateral Agent for filing, registration or recording;

          (g) the Collateral Agent shall have received (i) counterparts of a Mortgage with respect to
each Material Real Estate Asset, duly executed and delivered by the record owner of such Material
Real Estate Asset, (ii) in the case of each Material Real Estate Asset that is a Leasehold
Property, (A) a Landlord Consent and Estoppel, duly executed and delivered by the lessor of such
Leasehold Property and by the applicable Credit Party, (B) evidence that such Leasehold Property is
a Recorded Leasehold Interest, (C) a Landlord Personal Property Collateral Access Agreement, duly
executed and delivered by the lessor of such Leasehold Property and by the applicable Credit Party,
and (D) evidence that the applicable Credit Party, as lessee of such Leasehold Property, has
requested that the lessor of such Leasehold Property use commercially reasonable efforts to obtain
an SNDA, (iii) a policy or policies of title insurance issued by a nationally recognized title
insurance company insuring the Lien of each Mortgage as a valid and enforceable Lien on the
Material Real Estate Asset described therein, free of any other Liens other than Permitted Liens,
together with such endorsements, coinsurance and reinsurance as the Collateral Agent may reasonably
request, (iv) if any Material Real Estate Asset is located in an area determined by the Federal
Emergency Management Agency to have

10

 

special flood hazards, evidence of such flood insurance as may be required under applicable
law, including Regulation H of the Board of Governors, and (v) such surveys, abstracts, appraisals,
legal opinions and other documents as the Collateral Agent may reasonably request with respect to
any such Mortgage or Material Real Estate Asset;

          (h) the Collateral Agent shall have received a counterpart, duly executed and delivered by
the applicable Credit Party and the applicable depositary bank or securities intermediary, as the
case may be, of a Control Agreement with respect to each Deposit Account maintained by any Credit
Party with any depositary bank and each securities account maintained by any Credit Party with any
securities intermediary (other than (i) any Deposit Account or securities account the balance of
which consist exclusively of (A) funds representing withheld income taxes and federal, state, local
or foreign employment taxes in such amounts as are required in the reasonable judgment of the
Borrower to be paid to the Internal Revenue Service or any other Governmental Authority with
respect to employees of Holdings and the Subsidiaries, and withheld sales tax with respect to
Holdings and the Subsidiaries, (B) amounts required to be paid to an employee benefit plan pursuant
to DOL Reg. Sec. 2510.3-102 or any foreign plan on behalf of or for the benefit of employees of
Holdings and the Subsidiaries, (C) amounts required to be pledged or otherwise provided as security
for the benefit of any Governmental Authority pursuant to any applicable law, (D) amounts or
deposits subject to Liens permitted by Section 6.2(k) and 6.2(m) and (E) amounts to be used to fund
payroll obligations with respect to employees of Holdings and the Subsidiaries and (ii) all other
Deposit Accounts or securities accounts the daily balance in which does not at any time exceed
$1,000,000 for any such Deposit Account or securities account or $5,000,000 in the aggregate for
all such Deposit Accounts and securities accounts); and

          (i) each Credit Party shall have obtained a Consent to Assignment in respect of the Linde
Supply Agreement and each CVR Intercompany Agreement and all other consents and approvals required
to be obtained by it in connection with the execution and delivery of all Collateral Documents to
which it is a party, the performance of its obligations thereunder and the granting by it of the
Liens thereunder.

          The foregoing definition shall not require the creation of any guarantee or the creation or
perfection of pledges of or security interests in, or the obtaining of title insurance, legal
opinions or other deliverables with respect to, any particular assets of the Credit Parties if, and
for so long as, the Collateral Agent, in consultation with Holdings and the Borrower, determines
that the cost (including tax cost) of creating such guarantee or creating or perfecting such
pledges or security interests in such assets, or obtaining such title insurance, legal opinions or
other deliverables in respect of such assets, shall be excessive in view of the benefits to be
obtained by the Lenders therefrom. The Collateral Agent may grant extensions of time for the
creation and perfection of security interests in or the obtaining of title insurance, legal
opinions or other deliverables with respect to particular assets or the provision of any Guarantee
by any Subsidiary (including extensions beyond the Closing Date or in connection with assets
acquired, or Subsidiaries formed or acquired, after the Closing Date) where it determines that such
action cannot be accomplished without undue effort or expense by the time or times at which it
would otherwise be required to be accomplished by this Agreement or the Collateral Documents.

11

 

          Notwithstanding anything herein to the contrary, no security interest or Lien shall be
required to be granted under the Collateral Documents with respect to (a) any lease, license
(including a license of Intellectual Property), contract or other agreement (other than any CVR
Intercompany Agreement) to which any Credit Party is a party, or any of its rights or interests
thereunder, if and to the extent that the grant of such security interest or Lien (i) would
constitute or result in the abandonment, invalidation or unenforceability of any right, title or
interest of any Credit Party therein, (ii) is prohibited by or in violation of any law, rule or
regulation applicable to such Credit Party or (iii) is prohibited by or in violation of a term,
provision or condition of any such lease, license, contract or other agreement (unless, in each
case, the condition causing such abandonment, invalidation, unenforceability, prohibition or
violation would be rendered ineffective with respect to the creation of such security interest or
Lien pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or
provisions) of any relevant jurisdiction or any other applicable law (including the Bankruptcy
Code) or principles of equity); provided that such security interest and Lien shall be
required with respect thereto immediately at such time as the condition causing such abandonment,
invalidation or unenforceability shall be remedied or the condition causing such prohibition or
violation shall no longer be applicable (including as a result of the effectiveness of a Consent to
Assignment) and, to the extent severable, shall be required immediately with respect to any portion
of such lease, license, contract or agreement that is not subject to the consequences, prohibitions
or violations specified in clause (i), (ii) or (iii) above; provided further that
the exclusions referred to in this clause (a) shall not apply to any proceeds of any such lease,
license, contract or agreement; (b) voting Equity Interests in any Controlled Foreign Corporation
(other than issued and outstanding voting Equity Interests in any first-tier Controlled Foreign
Corporation representing not more than 65% of the voting power of all classes of Equity Interests
in such Controlled Foreign Corporation entitled to vote); provided that immediately upon
the amendment of the Internal Revenue Code to allow the pledge of a greater percentage of the
voting power of Equity Interests in a Controlled Foreign Corporation without adverse tax
consequences to Holdings, the Subsidiaries or any owner of Equity Interests in Holdings, such
security interest and Lien shall be required with respect to such greater percentage of Equity
Interests in each Controlled Foreign Corporation; or (c) any “intent-to-use” application for
registration of a Trademark filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051,
prior to the filing of a “Statement of Use” pursuant to Section 1(d) of the Lanham Act or an
“Amendment to Allege Use” pursuant to Section 1(c) of the Lanham Act with respect thereto, solely
to the extent that, and for so long as, the grant of such security interest or Lien would impair
the validity or enforceability of any registration that issues from such intent-to-use application
under applicable federal law.

          “Collateral Documents” means the Pledge and Security Agreement, the Mortgages, the Landlord
Personal Property Collateral Access Agreements, the Intellectual Property Security Agreements, the
Control Agreements, the Consents to Assignment, and all other instruments, documents and agreements
delivered by or on behalf of any Credit Party pursuant to this Agreement or any of the other Credit
Documents in order to grant to, or perfect in favor of, the Collateral Agent, for the benefit of
the Secured Parties, a Lien on any property of such Credit Party as security for the Obligations.

          “Collateral Questionnaire” means the Collateral Questionnaire delivered pursuant to Section
3.1(g).

12

 

          “Commitment” means a Revolving Commitment or a Term Loan Commitment.

          “Commodity Agreement” means any commodity price protection agreement or other commodity price
hedging arrangement, swap agreement, futures contract, option contract, cap or other similar
agreement or arrangement.

          “Compliance Certificate” means a Compliance Certificate substantially in the form of Exhibit
D.

          “Condemnation Event” means any taking under the power of eminent domain or public improvement
or by condemnation or similar proceeding of, or any disposition under a threat of such taking, of
all or any part of any assets of Holdings or any Subsidiary.

          “Consent to Assignment” means a Consent to Assignment substantially in the form of Exhibit E,
with such amendments or modifications thereto as may be approved by the Collateral Agent.

          “Consolidated Adjusted EBITDA” means, for any period, Consolidated Net Income for such period,
plus

          (a) without duplication and to the extent deducted in determining such Consolidated Net
Income, the sum of:

          (i) total interest expense (including that portion attributable to Capital Lease
Obligations, net costs under Hedge Agreements and amortization of deferred financing fees
and original issue discount and banking fees, charges and commissions (including letter of
credit fees and commitment fees)) of Holdings and the Subsidiaries for such period,

          (ii) provision for taxes based on income and foreign withholding taxes for Holdings and
the Subsidiaries for such period,

          (iii) all depreciation and amortization expense of Holdings and the Subsidiaries in
conformity with GAAP for such period,

          (iv) the amount of all fees and expenses incurred by Holdings and the Subsidiaries in
connection with the Transactions during such period (if incurred prior to the 180th day
following the Closing Date),

          (v) the amount of all other non-cash charges or losses of Holdings and the Subsidiaries
for such period,

          (vi) any expenses or charges incurred by Holdings and the Subsidiaries in connection
with any acquisition (including a Permitted Acquisition), any disposition of assets outside
the ordinary course of business and any issuance of Indebtedness or Equity Interests of
Holdings and the Subsidiaries or any refinancing or recapitalization transaction for such
period,

13

 

          (vii) any unusual or non-recurring charges incurred by Holdings and the Subsidiaries
for such period and the amount of any integration costs or other business optimization
expenses or costs (including any one-time costs incurred in connection with Permitted
Acquisitions and costs related to the closure and/or consolidation of the operating
facilities of Holdings and the Subsidiaries) incurred by Holdings and the Subsidiaries for
such period, provided that the aggregate amount added back pursuant to this clause
(vii) shall not exceed, for any period, an amount equal to 7.5% of the amount of
Consolidated Adjusted EBITDA for such period (excluding, in respect of any period covering
any Fiscal Quarter ended prior to the Closing Date, any portion of such Consolidated
Adjusted EBITDA attributable to Fiscal Quarters ended prior to the Closing Date) determined
prior to giving effect to the adjustment provided for in this clause (vii),

          (viii) Major Scheduled Turnaround Expenses for such fiscal period,

          (ix) any losses for such period recognized by Holdings and the Subsidiaries in
connection with any extinguishment of Indebtedness,

          (x) net loss of any Person accounted for under the equity method of accounting
recognized by Holdings and the Subsidiaries for such period,

          (xi) any extraordinary losses recognized by Holdings and the Subsidiaries for such
period, and

          (xii) any losses recognized by Holdings and the Subsidiaries for such period from sales
of assets (other than inventory sold in the ordinary course of business); minus

          (b) without duplication and to the extent included (or, in the case of clause (i) below, not
otherwise deducted) in determining such Consolidated Net Income, the sum of:

          (i) all cash payments or cash charges made (or incurred) by Holdings or any Subsidiary
for such period on account of any non-cash charges or losses added back to Consolidated
Adjusted EBITDA pursuant to clause (a)(v) above in a previous period (or that would have
been added back had this Agreement been in effect during such previous period),

          (ii) any unusual or non-recurring gains by Holdings and the Subsidiaries during such
period,

          (iii) any gains recognized by Holdings and the Subsidiaries in connection with any
extinguishment of Indebtedness for such period,

          (iv) net income of any Person accounted for under the equity method of accounting
recognized by Holdings and the Subsidiaries for such period, and

          (v) any extraordinary gains recognized by Holdings and the Subsidiaries for such
period,

14

 

          (vi) any gains recognized by Holdings and the Subsidiaries for such period from sales
of assets (other than inventory sold in the ordinary course of business),

          (vii) any non-cash income or gains recognized by Holdings and the Subsidiaries for such
period, and

          (viii) interest income of Holdings and the Subsidiaries for such period, determined on
a consolidated basis in conformity with GAAP.

For the avoidance of doubt, it is understood and agreed that, to the extent any amounts are
excluded from Consolidated Net Income by virtue of the proviso to the definition thereof contained
herein, any additions to Consolidated Net Income in determining Consolidated Adjusted EBITDA as
provided above shall be limited (or denied) in a fashion consistent with the proviso to the
definition of Consolidated Net Income contained herein. Notwithstanding anything to the contrary
contained herein, but subject to the next sentence, Consolidated Adjusted EBITDA shall be deemed to
be $8,715,203, $20,680,810, $16,208,997 and $7,121,602 for the Fiscal Quarters ended on March 31,
2010, June 30, 2010, September 30, 2010 and December 31, 2010, respectively. For purposes of
calculating Consolidated Adjusted EBITDA for any period, if during such period Holdings or any
Subsidiary shall have consummated a Material Acquisition or a Material Disposition, Consolidated
Adjusted EBITDA for such period shall be calculated after giving pro forma effect thereto in
accordance with Section 1.2(b).

          “Consolidated Interest Expense” means, for any period, the excess of (a) the total interest
expense (including that portion attributable to Capital Lease Obligations in conformity with GAAP
and capitalized interest) of Holdings and the Subsidiaries on a consolidated basis with respect to
all outstanding Indebtedness of Holdings and the Subsidiaries for such period, including all
commissions, discounts and other fees and charges owed with respect to letters of credit and net
costs under Hedge Agreements minus (b) interest income of Holdings and the Subsidiaries for
such period, determined on a consolidated basis in conformity with GAAP. Notwithstanding anything
to the contrary contained herein, but subject to the next sentence, Consolidated Interest Expense
shall be deemed to be (i) for the period of four consecutive Fiscal Quarters ended June 30, 2011,
Consolidated Interest Expense for the Fiscal Quarter ended June 30, 2011 multiplied by four, (ii)
for the period of four consecutive Fiscal Quarters ended September 30, 2011, Consolidated Interest
Expense for the Fiscal Quarter ended September 30, 2011 multiplied by four, (iii) for the period of
four consecutive Fiscal Quarters ended December 31, 2011, Consolidated Interest Expense for the
period of two consecutive Fiscal Quarters ended December 31, 2011 multiplied by two and (iv) for
the period of four consecutive Fiscal Quarters ended March 31, 2012, Consolidated Interest Expense
for the period of three consecutive Fiscal Quarters ended March 31, 2012 multiplied by 4/3. For
purposes of calculating Consolidated Interest Expense for any period, if during such period
Holdings or any Subsidiary shall have consummated a Material Acquisition or a Material Disposition,
Consolidated Interest Expense for such period shall be calculated after giving pro forma effect
thereto in accordance with Section 1.2(b).

          “Consolidated Net Income” means, for any period, the net income (or loss) of Holdings and the
Subsidiaries determined on a consolidated basis for such period (taken as a single accounting
period) in conformity with GAAP; provided that the following items shall be

15

 

excluded (except to the extent provided below) in computing Consolidated Net Income (without
duplication): (a) the net income (or loss) of (or any amount of cash dividends or cash
distributions referred to in clause (b) below received by) any Subsidiary in which any Person other
than Holdings or any Subsidiary owns any Equity Interests to the extent of the Equity Interests
held by Persons other than Holdings and the Subsidiaries in such Subsidiary, (b) the net income of
any Person (other than Holdings or any Subsidiary) in which any Person other than Holdings or any
Subsidiary owns any Equity Interests, provided that (i) Consolidated Net Income shall be
increased to the extent of the amount of cash dividends or cash distributions actually paid to
Holdings or, subject to clauses (a) and (d) of this definition, any Subsidiary by any such Person
during such period, and (ii) Consolidated Net Income shall be reduced to the extent of the amount
of cash contributed by Holdings or any Subsidiary to any such Person during such period, (c) except
for determinations expressly required to be made on a pro forma basis, the net income (or loss) of
any Person accrued prior to the date it becomes a Subsidiary or all or substantially all of the
property or assets of such Person are acquired by a Subsidiary and (d) the net income of (or any
amount of cash dividends or cash distributions referred to in clause (b) above received by) any
Subsidiary (other than the Borrower) to the extent that the declaration or payment of cash
dividends or similar cash distributions by such Subsidiary of such net income (or such amounts) is
not at the time permitted by the operation of the terms of its Organizational Documents or any
agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable
to such Subsidiary.

          “Consolidated Total Debt” means, as of any date, an amount equal to (a) the sum of (without
duplication) (i) the aggregate stated balance sheet amount of all Indebtedness (including Capital
Lease Obligations, but excluding Indebtedness under clauses (d), (f) (but only in respect of
undrawn amounts) and (i) of the definition thereof) of Holdings and the Subsidiaries determined on
a consolidated basis in conformity with GAAP (but without giving effect to any election to value
any Indebtedness at “fair value” or any other accounting principle that results in the amount of
any such Indebtedness (other than zero coupon Indebtedness) as reflected on such balance sheet to
be below the stated principal amount of such Indebtedness), (ii) the aggregate amount of all unpaid
drawings under all letters of credit issued for the account of Holdings or any Subsidiary and (iii)
the aggregate amount of all Guarantees by Holdings or any Subsidiary of Indebtedness of another
Person of the type that would otherwise be included in the calculation of Consolidated Total Debt,
less (b) all or a portion (as determined by Holdings and the Borrower), but not in excess of
$20,000,000, of the aggregate amount of Unrestricted Cash and Cash Equivalents of the Credit
Parties as of such date that is subject to a Control Agreement.

          “Contractual Obligation” means, with respect to any Person, any provision of any Equity
Interest or other Security issued by such Person or any indenture, mortgage, deed of trust,
contract, undertaking or other agreement or instrument to which such Person is a party or by which
such Person or any of its properties is bound or to which such Person or any of its properties is
subject.

          “Contributing Guarantor” as defined in Section 7.2.

          “Control” means, with respect to any Person, the possession, directly or indirectly, of the
power to direct or cause the direction of the management and policies of such Person, whether
through the ownership of Securities, by contract or otherwise. The words

16

 

“Controlling”, “Controlled by” and “under common Control with” shall have correlative
meanings.

          “Control Agreement” means, with respect to any Deposit Account or securities account
maintained by any Credit Party, a control agreement in form and substance reasonably satisfactory
to the Collateral Agent, duly executed and delivered by such Credit Party and the depositary bank
or the securities intermediary, as the case may be, with which such account is maintained.

          “Controlled Foreign Corporation” means “controlled foreign corporation” as defined in Section
957(a) of the Internal Revenue Code.

          “Conversion/Continuation Date” means the effective date of a continuation or conversion, as
the case may be, as set forth in the applicable Conversion/Continuation Notice.

          “Conversion/Continuation Notice” means a Conversion/Continuation Notice substantially in the
form of Exhibit F.

          “Counterpart Agreement” means a Counterpart Agreement substantially in the form of Exhibit G.

          “Credit Date” means the date of any Credit Extension.

          “Credit Document” means any of this Agreement, the Incremental Facility Agreements, the Loan
Modification Agreements, the Collateral Documents, the Counterpart Agreements and, except for
purposes of Section 10.5, the Notes, if any, any documents or certificates executed by the Borrower
in favor of any Issuing Bank relating to Letters of Credit, the Collateral Questionnaire and all
other documents, certificates, instruments or agreements executed and delivered by or on behalf of
any Credit Party for the benefit of any Agent, any Issuing Bank or any Lender in connection
herewith on or after the date hereof.

          “Credit Extension” means the making of a Loan or the issuance, amendment (if increasing the
face amount thereof), renewal or extension of a Letter of Credit.

          “Credit Parties” means Holdings, the Borrower and the Guarantor Subsidiaries.

          “Cross Easement Agreement” means the Cross Easement Agreement dated as of October 25, 2007,
between the Borrower and Refinery Company.

          “Currency Agreement” means any foreign exchange contract, currency swap agreement, futures
contract, option contract, synthetic cap or other similar agreement or arrangement.

          “CVR Energy” means CVR Energy, Inc., a Delaware corporation.

          “CVR Energy Debt Instruments” means (a) the Coffeyville Resources Credit Agreement, (b) the
Coffeyville Resources First Lien Senior Secured Notes Indenture and (c) the Coffeyville Resources
Second Lien Senior Secured Notes Indenture.

17

 

          “CVR Energy Debt Release” as defined in Section 3.1(p).

          “CVR Energy Entity” means CVR Energy or any of its Subsidiaries (other than Holdings or any of
its Subsidiaries).

          “CVR Intercompany Agreements” means, collectively, (a) the Existing CVR Intercompany
Agreements and (b) each other Contractual Obligation between Holdings or any Subsidiary, on the one
hand, and any CVR Energy Entity, on the other hand, in each case, together with all schedules,
exhibits and other definitive documentation relating thereto.

          “Debtor Relief Laws” means the Bankruptcy Code of the United States of America, and all other
liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium,
rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the
United States or other applicable jurisdictions from time to time in effect.

          “Default” means a condition or event that, after notice or lapse of time or both, would
constitute an Event of Default.

          “Defaulting Lender” means, subject to Section 2.21(b), any Revolving Lender that (a) has
failed (i) to fund all or any portion of its Revolving Loans within two Business Days of the date
such Revolving Loans were required to be funded hereunder unless such Revolving Lender notifies the
Administrative Agent and the Borrower in writing that such failure is the result of such Revolving
Lender’s determination that one or more conditions precedent to funding has not been satisfied
(each of which conditions precedent, together with any applicable default, shall be specifically
identified in such writing), or (ii) to pay to the Administrative Agent, any Issuing Bank or any
other Revolving Lender any other amount required to be paid by it hereunder (including in respect
of its participation in Letters of Credit) within two Business Days of the date when due unless
such payment is the subject of a good faith dispute, (b) has notified the Borrower, the
Administrative Agent or any Issuing Bank in writing that it does not intend to comply with its
funding obligations hereunder, or has made a public statement to that effect (unless such writing
or public statement relates to such Revolving Lenders’ obligation to fund a Revolving Loan
hereunder and states that such position is based on such Revolving Lender’s determination that a
condition precedent to funding cannot be satisfied (which condition precedent, together with any
applicable default, shall be specifically identified in such writing or public statement)) or (c)
has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding
under any Debtor Relief Law, or (ii) had appointed for it a receiver, custodian, conservator,
trustee, administrator, assignee for the benefit of creditors or similar Person charged with
reorganization or liquidation of its business or assets, including the Federal Deposit Insurance
Corporation or any other state or federal regulatory authority acting in such a capacity;
provided that a Revolving Lender shall not be a Defaulting Lender solely by virtue of the
ownership or acquisition of any Equity Interest in such Revolving Lender or any direct or indirect
parent company thereof by a Governmental Authority so long as such ownership interest does not
result in or provide such Revolving Lender with immunity from the jurisdiction of courts within the
United States or from the enforcement of judgments or writs of attachment on its assets or permit
such Revolving Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm
any contracts or agreements made with such Revolving Lender. Any determination by the
Administrative Agent that a Revolving Lender is a Defaulting

18

 

Lender under clauses (a) through (c) above shall be conclusive and binding absent manifest
error, and such Revolving Lender shall be deemed to be a Defaulting Lender (subject to Section
2.21(b)) upon delivery of written notice of such determination to the Borrower, each Issuing Bank
and each Revolving Lender.

          “Deposit Account” means a demand, time, savings, passbook or like account with a bank, savings
and loan association, credit union or like organization, other than an account evidenced by a
negotiable certificate of deposit.

          “Discount Range” as defined in Section 2.12(c)(i).

          “Disqualified Equity Interest” means, with respect to any Person, any Equity Interest in such
Person that by its terms (or by the terms of any security into which it is convertible or for which
it is exchangeable, either mandatorily or at the option of the holder thereof), or upon the
happening of any event or condition:

     (a) matures or is mandatorily redeemable (other than solely for Equity Interests in
such Person that do not constitute Disqualified Equity Interests and cash in lieu of
fractional shares of such Equity Interests), whether pursuant to a sinking fund obligation
or otherwise;

     (b) is convertible or exchangeable, either mandatorily or at the option of the holder
thereof, for Indebtedness or Equity Interests (other than solely for Equity Interests in
such Person that do not constitute Disqualified Equity Interests and cash in lieu of
fractional shares of such Equity Interests); or

     (c) is redeemable (other than solely for Equity Interests in such Person that do not
constitute Disqualified Equity Interests and cash in lieu of fractional shares of such
Equity Interests) or is required to be repurchased by Holdings or any Subsidiary, in whole
or in part, at the option of the holder thereof;

in each case, on or prior to the date 180 days after the latest Maturity Date (determined as of the
date of issuance thereof or, in the case of any such Equity Interests outstanding on the date
hereof, the date hereof); provided, however, that (i) an Equity Interest in any
Person that would not constitute a Disqualified Equity Interest but for terms thereof giving
holders thereof the right to require such Person to redeem or purchase such Equity Interest upon
the occurrence of an “asset sale” or a “change of control” (or similar event, however denominated)
shall not constitute a Disqualified Equity Interest if any such requirement becomes operative only
after repayment in full of all the Loans and all other Obligations that are accrued and payable,
the cancellation or expiration of all Letters of Credit and the termination or expiration of the
Commitments and (ii) an Equity Interest in any Person that is issued to any employee or to any plan
for the benefit of employees or by any such plan to such employees shall not constitute a
Disqualified Equity Interest solely because it may be required to be repurchased by such Person or
any of its subsidiaries in order to satisfy applicable statutory or regulatory obligations or as a
result of such employee’s termination, death or disability.

          “Documentation Agent” means [      ], in its capacity as documentation agent for the credit
facilities established under this Agreement.

19

 

          “Dollars” and the sign “$” mean the lawful money of the United States of America.

          “Domestic Subsidiary” means any Subsidiary organized under the laws of the United States of
America, any State thereof or the District of Columbia.

          “Eligible Assignee” means (a) any Lender, any Affiliate of any Lender and any Related Fund,
(b) any commercial bank, insurance company, investment or mutual fund or other Person that is an
“accredited investor” (as defined in Regulation D under the Securities Act) and that extends credit
or buys commercial loans in the ordinary course of business and (c) any CVR Energy Entity;
provided that neither a natural person, nor Holdings or any Subsidiary or other Affiliate
thereof (other than any CVR Energy Entity), shall be an Eligible Assignee.

          “Employee Benefit Plan” means any “employee benefit plan”, as defined in Section 3(3) of
ERISA, that is or was sponsored, maintained or contributed to by, or required to be contributed to
by, Holdings, any Subsidiary or any of their respective ERISA Affiliates.

          “Environmental Claim” means any and all administrative, regulatory or judicial actions, suits,
demands, demand letters, directives, orders, requests for information (including notices pursuant
Section 104(e) of CERCLA), claims, liens and/or notices of noncompliance or violation,
investigations and/or proceedings relating in any way to any actual or alleged noncompliance with,
or liability arising under, Environmental Law or to any Environmental Permit (hereafter, “Claims”),
including (a) any and all Claims for enforcement, cleanup, removal, response, remedial or other
actions or damages pursuant to any Environmental Law, (b) any and all Claims seeking damages,
contribution, indemnification, cost recovery, compensation or injunctive relief arising out of or
relating to an alleged injury or threat of injury (including exposure to Hazardous Materials) to
human health or safety or to the environment, and (c) any and all Claims relating to an actual,
proposed, or potential revocation, suspension, cancellation or termination of, or modification to,
any Environmental Permit.

          “Environmental Laws” means any statute, law (including principles of common law), rule,
regulation, ordinance, code, directive, judgment, order, consent decree, or any other requirements
of Governmental Authorities, now or hereafter in effect and in each case as amended, any binding
judicial or administrative interpretation thereof, and any written requirements of any voluntary
agreement or memorandum of understanding with any Governmental Authority, relating to the pollution
or protection of the environment or human health (as it relates to the exposure to Hazardous
Materials), to the presence, Release or threatened Release of, or the manufacture, generation,
handling, use, transportation, treatment, storage, disposal or recycling of, Hazardous Materials,
or the arrangement for any such activities.

          “Environmental Permit” as defined in Section 4.13.

          “Equity Interests” means shares of capital stock, partnership interests, membership interests,
beneficial interests or other ownership interests, whether voting or nonvoting, in, or interests in
the income or profits of (including incentive distribution rights), a Person, and any warrants,
options or other rights entitling the holder thereof to purchase or acquire any of the foregoing.

20

 

          “ERISA” means the Employee Retirement Income Security Act of 1974.

          “ERISA Affiliate” means, with respect to any Person, (a) any corporation that is a member of a
controlled group of corporations within the meaning of Section 414(b) of the Internal Revenue Code
of which such Person is a member, (b) any trade or business (whether or not incorporated) that is a
member of a group of trades or businesses under common control within the meaning of Section 414(c)
of the Internal Revenue Code of which such Person is a member and (c) any member of an affiliated
service group within the meaning of Section 414(m) or 414(o) of the Internal Revenue Code of which
such Person, any corporation described in clause (a) above or any trade or business described in
clause (b) above is a member. Any former ERISA Affiliate of Holdings or any Subsidiary shall
continue to be considered an ERISA Affiliate of Holdings or such Subsidiary within the meaning of
this definition with respect to the period such Person was an ERISA Affiliate of Holdings or such
Subsidiary and with respect to liabilities arising after such period for which Holdings or such
Subsidiary could be liable under the Internal Revenue Code or ERISA.

          “ERISA Event” means (a) a “reportable event” within the meaning of Section 4043 of ERISA and
the regulations issued thereunder with respect to any Pension Plan (excluding those for which the
provision for 30-day notice to the PBGC has been waived by regulation), (b) the failure of
Holdings, any Subsidiary or any of their respective ERISA Affiliates to meet the minimum funding
standard of Section 412 of the Internal Revenue Code with respect to any Pension Plan (whether or
not waived in accordance with Section 412(c) of the Internal Revenue Code) or the failure to make
by its due date a required installment under Section 430(j) of the Internal Revenue Code with
respect to any Pension Plan or the failure of Holdings, any Subsidiary or any of their respective
ERISA Affiliates to make any required contribution to a Multiemployer Plan, (c) the filing pursuant
to Section 412(c) of the Internal Revenue Code or Section 302(c) of ERISA of an application for a
waiver of the minimum funding standard with respect to any Pension Plan, (d) the provision by the
administrator of any Pension Plan pursuant to Section 4041(a)(2) of ERISA of a notice of intent to
terminate such plan in a distress termination described in Section 4041(c) of ERISA, (e) the
withdrawal or partial withdrawal by Holdings, any Subsidiary or any of their respective ERISA
Affiliates from any Pension Plan with two or more contributing sponsors or the termination of any
such Pension Plan, in each case resulting in liability to Holdings, any Subsidiary or any of their
respective Affiliates pursuant to Section 4063 or 4064 of ERISA, (f) the institution by the PBGC of
proceedings to terminate any Pension Plan, or the occurrence of any event or condition that could
reasonably be expected to constitute grounds under ERISA for the termination of, or the appointment
of a trustee to administer, any Pension Plan, (g) the incurrence by Holdings, any Subsidiary or any
of their respective ERISA Affiliates of any liability with respect to the withdrawal or partial
withdrawal from any Pension Plan, (h) the imposition of liability on Holdings, any Subsidiary or
any of their respective ERISA Affiliates pursuant to Section 4062(e) or 4069 of ERISA or by reason
of the application of Section 4212(c) of ERISA, (i) the withdrawal of Holdings, any Subsidiary or
any of their respective ERISA Affiliates in a complete or partial withdrawal (within the meaning of
Sections 4203 and 4205 of ERISA) from any Multiemployer Plan if there is any potential liability
therefor, (j) the receipt by Holdings, any Subsidiary or any of their respective ERISA Affiliates
of notice from any Multiemployer Plan (i) concerning the imposition of withdrawal liability, (ii)
that such Multiemployer Plan is in reorganization or insolvency pursuant to Section 4241 or 4245 of
ERISA, (iii) that such

21

 

Multiemployer Plan is in “endangered” or “critical” status (within the meaning of Section 432
of the Internal Revenue Code or Section 305 of ERISA) or (iv) that such Multiemployer Plan intends
to terminate or has terminated under Section 4041A or 4042 of ERISA, (k) a determination that any
Pension Plan is, or is expected to be, in “at risk” status (as defined in Section 430(i)(4) of the
Internal Revenue Code or Section 303(i)(4) of ERISA, (l) the occurrence of an act or omission that
could give rise to the imposition on Holdings, any Subsidiary or any of their respective ERISA
Affiliates of fines, penalties, taxes or related charges under Chapter 43 of the Internal Revenue
Code or under Section 409, Section 502(c), 502(i) or 502(l), or Section 4071 of ERISA in respect of
any Employee Benefit Plan, (m) the assertion of a claim (other than routine claims for benefits)
against any Employee Benefit Plan other than a Multiemployer Plan or the assets thereof, or against
Holdings, any Subsidiary or any of their respective ERISA Affiliates in connection with any
Employee Benefit Plan, (n) receipt from the Internal Revenue Service of notice of the failure of
any Pension Plan (or any other Employee Benefit Plan intended to be qualified under Section 401(a)
of the Internal Revenue Code) to qualify under Section 401(a) of the Internal Revenue Code, or the
failure of any trust forming part of any Pension Plan to qualify for exemption from taxation under
Section 501(a) of the Internal Revenue Code or (o) the imposition of a Lien pursuant to Section
430(k) of the Internal Revenue Code or ERISA or a violation of Section 436 of the Internal Revenue
Code.

          “Eurodollar Rate Borrowing” means a Borrowing comprised of Loans that are Eurodollar Rate
Loans.

          “Eurodollar Rate Loan” means a Loan bearing interest at a rate determined by reference to the
Adjusted Eurodollar Rate.

          “Event of Default” means any condition or event set forth in Section 8.1.

          “Exchange” means the exchange of the Equity Interests in Holdings held by Coffeyville
Resources and CVR Special GP, LLC, a Delaware limited liability company, for common units
representing limited partner interests in Holdings.

          “Exchange Act” means the Securities Exchange Act of 1934.

          “Existing CVR Intercompany Agreements” means the Contractual Obligations set forth on Schedule
4.15(b).

          “Facility” means any real property (including all buildings, fixtures or other improvements
located thereon) now or hereafter owned, leased or operated by Holdings or any Subsidiary or any of
their respective Affiliates.

          “Failed Auction” as defined in Section 2.12(c)(iii).

          “Fair Share” as defined in Section 7.2.

          “Fair Share Contribution Amount” as defined in Section 7.2.

          “FATCA” means Sections 1471 through 1474 of the Internal Revenue Code, effective as of the
date hereof (or any amended or successor provisions that are substantively

22

 

identical), and any regulations promulgated thereunder and any published administrative
guidance implementing such Sections, provisions and regulations.

          “Federal Funds Effective Rate” means, for any day, the rate per annum (expressed as a decimal
rounded upwards, if necessary, to the next 1/100 of 1%) equal to the weighted average of the rates
on overnight federal funds transactions with members of the Federal Reserve System arranged by
federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the
Business Day next succeeding such day; provided that (a) if such day is not a Business Day,
the Federal Funds Effective Rate for such day shall be such rate on such transactions on the next
preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate
is so published on such next succeeding Business Day, the Federal Funds Effective Rate for such day
shall be the average rate charged to the Administrative Agent on such day on such transactions as
shall be determined by the Administrative Agent.

          “Financial Officer Certification” means, with respect to any consolidated financial statements
of any Person, a certificate of the chief financial officer of such Person stating that such
financial statements fairly present, in all material respects, the consolidated financial position
of such Person and its Subsidiaries as of the dates indicated and the consolidated results of their
operations and their cash flows for the periods indicated in conformity with GAAP applied on a
consistent basis (except as otherwise disclosed in such financial statements), subject to changes
resulting from audit and normal year-end adjustments.

          “Financial Plan” as defined in Section 5.1(h).

          “Financing Transactions” means the execution, delivery and performance by each Credit Party of
the Credit Documents to which it is to be a party, the creation of the Liens provided for in the
Collateral Documents and, in the case of the Borrower, the borrowing of Loans, the use of the
proceeds thereof and the issuance of Letters of Credit hereunder.

          “Fiscal Quarter” means a fiscal quarter of any Fiscal Year.

          “Fiscal Year” means the fiscal year of Holdings and the Subsidiaries ending on December 31 of
each calendar year.

          “Flood Hazard Property” means any Real Estate Asset subject to a Mortgage in favor of the
Collateral Agent, for the benefit of the Secured Parties, and located in an area designated by the
Federal Emergency Management Agency as having special flood or mud slide hazards.

          “Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary.

          “Fronting Exposure” means, at any time there is a Defaulting Lender, with respect to any
Issuing Bank, such Defaulting Lender’s Pro Rata Share of the Letter of Credit Usage with respect to
Letters of Credit issued by such Issuing Bank other than any portion of such Defaulting Lender’s
Pro Rata Share of the Letter of Credit Usage that has been reallocated to other Revolving Lenders
or Cash Collateralized in accordance with the terms hereof.

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          “Funding Guarantor” as defined in Section 7.2.

          “Funding Notice” means a notice substantially in the form of Exhibit H.

          “GAAP” means, at any time, subject to Section 1.2(a), generally accepted accounting principles
in the United States of America as in effect at such time, applied in accordance with the
consistency requirements thereof.

          “General Partner” means CVR GP, LLC, a Delaware limited liability company and the sole general
partner of Holdings.

          “Governmental Act” means any act or omission, whether rightful or wrongful, of any present or
future de jure or de facto government or Governmental Authority.

          “Governmental Authority” means any federal, state, municipal, national, supranational or other
government, governmental department, commission, board, bureau, court, agency or instrumentality or
political subdivision thereof or any entity, officer or examiner exercising executive, legislative,
judicial, regulatory or administrative functions of or pertaining to any government or any court,
in each case whether associated with the United States of America, any State thereof or the
District of Columbia or a foreign entity or government.

          “Governmental Authorization” means any permit, license, registration, approval, exemption or
authorization made to, or issued, promulgated or entered into by or with, any Governmental
Authority.

          “GP Transfer” means the transfer by Coffeyville Acquisition III, a Delaware limited liability
company, of all of the Equity Interests in the General Partner to Coffeyville Resources.

          “Grantor” as defined in the Pledge and Security Agreement.

          “GSLP” as defined in the preamble hereto.

          “Guarantee” of or by any Person (the “guarantor”) means any obligation, contingent or
otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any
Indebtedness or other obligation of any other Person (the “primary obligor”) in any manner, whether
directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a) to
purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or
other obligation or to purchase (or to advance or supply funds for the purchase of) any security
for the payment thereof, (b) to purchase or lease property, securities or services for the purpose
of assuring the owner of such Indebtedness or other obligation of the payment thereof, (c) to
maintain working capital, equity capital or any other financial statement condition or liquidity of
the primary obligor so as to enable the primary obligor to pay such Indebtedness or other
obligation or (d) as an account party in respect of any letter of credit or letter of guaranty
issued to support such Indebtedness or other obligation; provided that the term “Guarantee”
shall not include endorsements for collection or deposit in the ordinary course of business. The
amount, as of any date of determination, of any Guarantee shall be (i) in the case of a Guarantee
of any Indebtedness, the maximum principal amount of such Indebtedness

24

 

(whether or not then outstanding) guaranteed as of such date, (ii) in the case of a
Guarantee of any other obligation that has a principal amount, the principal amount of such other
obligation outstanding and guaranteed as of such date and (iii) in the case of a Guarantee of any
obligation that does not have a principal amount, the maximum monetary exposure as of such date of
the guarantor under such Guarantee (as determined reasonably and in good faith by the chief
financial officer of Holdings).

          “Guarantor” means Holdings and each Guarantor Subsidiary.

          “Guarantor Subsidiary” means each Subsidiary that is a party hereto as a “Guarantor
Subsidiary” and a party to the Pledge and Security Agreement as a “Grantor” thereunder.

          “Hazardous Material” means any chemical, material, waste, pollutant, contaminant, or substance
in any form that is prohibited, limited or regulated by virtue of its hazardous, corrosive,
flammable or toxic characteristics, including any petroleum or petroleum products, byproducts or
distillates, coal ash, ammonium or ammonia nitrate, urea, UAN, radioactive materials, asbestos in
any form that is or could become friable, urea formaldehyde foam insulation, dielectric fluid
containing levels of polychlorinated biphenyls, and radon gas.

          “Hedge Agreement” means an Interest Rate Agreement, a Currency Agreement or a Commodity
Agreement.

          “Hedge Counterparty” means each Secured Party that is a party to a Hedge Agreement the
obligations under which constitute Specified Hedge Obligations.

          “Highest Lawful Rate” means the maximum lawful interest rate, if any, that at any time or from
time to time may be contracted for, charged, or received under the laws applicable to any Lender
that are presently in effect or, to the extent allowed by law, under such applicable laws that may
hereafter be in effect and that allow a higher maximum nonusurious interest rate than applicable
laws now allow.

          “Historical Financial Statements” means the audited consolidated balance sheet and related
consolidated statements of operations, partners’ capital/divisional equity and cash flows of
Holdings and its consolidated Subsidiaries as of and for the year ended December 31, 2010.

          “Holdings” as defined in the preamble hereto.

          “IDR Purchase” means the purchase by Holdings of the incentive distribution rights in Holdings
held by the General Partner and the extinguishment of such rights immediately upon the consummation
of such purchase; provided that the aggregate amount of consideration paid therefor by
Holdings shall not exceed $26,100,000.

          “Increased-Cost Lender” as defined in Section 2.22.

          “Incremental Commitment” means an Incremental Revolving Commitment or an Incremental Term Loan
Commitment.

25

 

          “Incremental Facility Agreement” means an Incremental Facility Agreement, in form and
substance reasonably satisfactory to the Administrative Agent, among Holdings, the Borrower, the
Administrative Agent and one or more Incremental Lenders, establishing Incremental Commitments of
any Class and effecting such other amendments hereto and the other Credit Documents as are
contemplated by Section 2.23.

          “Incremental Lender” means an Incremental Revolving Lender or an Incremental Term Lender.

          “Incremental Revolving Commitment” means, with respect to any Lender, the commitment, if any,
of such Lender, established pursuant to an Incremental Facility Agreement and Section 2.23, to make
Revolving Loans and to acquire participations in Letters of Credit hereunder, expressed as an
amount representing the maximum aggregate permitted amount of such Lender’s Revolving Exposure
under such Incremental Facility Agreement.

          “Incremental Revolving Lender” means a Lender with an Incremental Revolving Commitment.

          “Incremental Term Borrowing” means, with respect to Incremental Term Loans of any Series, a
Borrowing comprised of such Incremental Term Loans.

          “Incremental Term Lender” means a Lender with an Incremental Term Loan Commitment or an
Incremental Term Loan.

          “Incremental Term Loan” means a loan made by an Incremental Term Lender to the Borrower
pursuant to Section 2.23.

          “Incremental Term Loan Commitment” means, with respect to any Lender, the commitment, if any,
of such Lender, established pursuant an Incremental Facility Agreement and Section 2.23, to make
Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum
principal amount of the Incremental Term Loans of such Series to be made by such Lender, subject to
any increase or reduction pursuant to the terms and conditions hereof. The initial amount of each
Lender’s Incremental Term Loan Commitment of any Series, if any, is set forth in the Incremental
Facility Agreement or Assignment Agreement pursuant to which such Lender shall have established or
assumed its Incremental Term Loan Commitment of such Series.

          “Incremental Term Loan Exposure” means, with respect to any Lender, for any Series of
Incremental Term Loans, at any time, (a) prior to the making of the Incremental Term Loans of such
Series hereunder or under any Incremental Facility Agreement, the Incremental Term Loan Commitment
of such Lender to make Incremental Term Loans of such Series at such time and (b) after the making
of the Incremental Term Loans of such Series hereunder or under any Incremental Facility Agreement,
the aggregate principal amount of the Incremental Term Loans of such Series of such Lender at such
time.

          “Incremental Term Loan Maturity Date” means, with respect to Incremental Term Loans of any
Series, the scheduled date on which such Incremental Term Loans shall

26

 

become due and payable in full hereunder, as specified in the applicable Incremental Facility
Agreement.

          “Indebtedness” means, with respect to any Person, without duplication, (a) all obligations of
such Person for borrowed money or with respect to advances of any kind, (b) all obligations of such
Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such
Person under conditional sale or other title retention agreements relating to property acquired by
such Person (excluding trade accounts payable incurred in the ordinary course of business), (d) all
obligations of such Person in respect of the deferred purchase price of property or services
(excluding trade payables and accrued expenses arising in the ordinary course of business and
obligations incurred under ERISA), which obligations are (i) due more than six months from the date
of incurrence thereof or (ii) evidenced by a note or similar written instrument, (e) all Capital
Lease Obligations of such Person, (f) the face amount of any letter of credit or letter of guaranty
issued for the account of such Person or as to which such Person is otherwise liable for
reimbursement of drawings, (g) all obligations, contingent or otherwise, of such Person in respect
of bankers’ acceptances, (h) all Indebtedness of others secured by (or for which the holder of such
Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property
owned or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed
or is non-recourse to the credit of such Person (provided that in the case of non-recourse
Indebtedness, the amount of such Indebtedness shall be limited to the fair value of the assets
securing such Indebtedness), (i) all net obligations of such Person in respect of any exchange
traded or over the counter derivative transaction, including any Hedge Agreement, whether entered
into for hedging or speculative purposes, (j) all Off-Balance Sheet Liabilities of such Person and
(k) all Guarantees by such Person of Indebtedness of others. The Indebtedness of any Person shall
include the Indebtedness of any other Person (including any partnership in which such Person is a
general partner) to the extent such Person is liable therefor as a result of such Person’s
ownership interest in or other relationship with such other Person, except to the extent the terms
of such Indebtedness provide that such Person is not liable therefor.

          “Indemnified Liabilities” means, collectively, any and all liabilities, obligations, losses,
damages (including natural resource damages), penalties, claims, actions, judgments, suits, costs
(including the costs of any investigation, study, sampling, testing, abatement, cleanup,
containment, removal, remediation, monitoring or other response action), expenses and disbursements
of any kind or nature whatsoever (including the reasonable fees, expenses and other charges of
counsel and consultants for the Indemnitees in connection with any investigative, administrative or
judicial proceeding or hearing commenced or threatened by any Person (including by any Credit Party
or any Affiliate thereof), whether or not any such Indemnitee shall be designated as a party or a
potential party thereto, and any fees or expenses incurred by the Indemnitees in enforcing this
indemnity), whether direct, indirect, special or consequential and whether based on any federal,
state or foreign laws, statutes, rules or regulations (including securities and commercial laws,
statutes, rules or regulations and Environmental Laws), on common law or equitable cause or on
contract or otherwise, that may be imposed on, incurred by, or asserted against any such
Indemnitee, in any manner relating to or arising out of (a) this Agreement or the other Credit
Documents or the transactions contemplated hereby or thereby (including the Lenders’ agreement to
make Credit Extensions, the syndication of the credit facilities provided for herein by the
Arrangers or the use or intended use of the

27

 

proceeds thereof, any amendments, waivers or consents with respect to any provision of this
Agreement or any of the other Credit Documents, or any enforcement of any of the Credit Documents
(including any sale of, collection from, or other realization upon any of the Collateral or the
enforcement of the Obligations Guarantee)), (b) any commitment or engagement letter (and any
related fee letter) delivered by any Agent, any Arranger or any Lender to the Borrower or any of
its Affiliates with respect to the transactions contemplated by this Agreement or (c) any
Environmental Claim or any manufacture, use, generation, storage, transportation, handling,
treatment, recycling, disposal, Release, or threatened Release of any Hazardous Materials, in each
case relating to or arising from, directly or indirectly, any Facility or any past or present
activity, operation, land ownership, or practice of Holdings or any Subsidiary.

          “Indemnitee” as defined in Section 10.3.

          “Insurance Event” means any casualty or other insured damage to all or any part of any assets
of Holdings or any Subsidiary.

          “Intellectual Property” as defined in the Pledge and Security Agreement.

          “Intellectual Property Security Agreements” as defined in the Pledge and Security Agreement.

          “Intercompany Note” means a promissory note substantially in the form of Exhibit I.

          “Intercreditor Agreement” means an Intercreditor Agreement substantially in the form of
Exhibit J among the Collateral Agent and each administrative agent, collateral agent, trustee
and/or any similar representative acting on behalf of the holders of Second Lien Indebtedness, with
such amendments or modifications thereto as may be approved by the Collateral Agent.

          “Interest Coverage Ratio” means the ratio, as of the last day of any Fiscal Quarter, of (a)
Consolidated Adjusted EBITDA for the period of four consecutive Fiscal Quarters then ended to (b)
Consolidated Interest Expense for the period of four consecutive Fiscal Quarters then ended.

          “Interest Payment Date” means (a) with respect to any Loan that is a Base Rate Loan, March 31,
June 30, September 30 and December 31 of each year, commencing on the first such date to occur
after the Closing Date, and (b) with respect to any Loan that is a Eurodollar Rate Loan, the last
day of each Interest Period applicable to such Loan and, in the case of any Interest Period of
longer than three months’ duration, each date that is three months, or an integral multiple
thereof, after the commencement of such Interest Period.

          “Interest Period” means, with respect to any Eurodollar Rate Borrowing, the period commencing
on the date of such Borrowing and ending on the numerically corresponding day in the calendar month
that is one, two, three or six months thereafter (or, in the case of any Eurodollar Rate Borrowing
of any Class, such other period thereafter as shall have been consented to by each Lender of such
Class), as selected by the Borrower in the applicable Funding Notice or Conversion/Continuation
Notice; provided that (a) if an Interest Period would

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otherwise end on a day that is not a Business Day, such Interest Period shall be extended to
the next succeeding Business Day unless no succeeding Business Day occurs in such month, in which
case such Interest Period shall end on the immediately preceding Business Day, (b) any Interest
Period that commences on the last Business Day of a calendar month (or on a day for which there is
no numerically corresponding day in the calendar month at the end of such Interest Period) shall,
subject to clause (c) below, end on the last Business Day of the last calendar month of such
Interest Period and (c) notwithstanding anything to the contrary in this Agreement, no Interest
Period for a Eurodollar Rate Borrowing of any Class may extend beyond the Maturity Date for
Borrowings of such Class. For purposes hereof, the date of a Eurodollar Rate Borrowing shall
initially be the date on which such Borrowing is made and thereafter shall be the effective date of
the most recent conversion or continuation of such Borrowing.

          “Interest Rate Agreement” means any interest rate swap agreement, interest rate cap agreement,
interest rate collar agreement, interest rate hedging agreement or other similar agreement or
arrangement.

          “Interest Rate Determination Date” means, with respect to any Interest Period, the date that
is two Business Days prior to the first day of such Interest Period.

          “Internal Revenue Code” means the Internal Revenue Code of 1986, as amended.

          “Internal Revenue Service” means the United States Internal Revenue Service.

          “Investment” means, with respect to a specified Person, any Equity Interests, evidences of
Indebtedness or other Securities (including any option, warrant or other right to acquire any of
the foregoing) of, any capital contribution or loans or advances (other than advances made in the
ordinary course of business that would be recorded as accounts receivable on the balance sheet of
the specified Person prepared in conformity with GAAP) to, any Guarantees of any Indebtedness or
other obligations of, any other Person that are held or made by the specified Person. The amount,
as of any date of determination, of (a) any Investment in the form of a loan or an advance shall be
the principal amount thereof outstanding on such date, without any adjustment for write-downs or
write-offs (including as a result of forgiveness of any portion thereof) with respect to such loan
or advance after the date thereof, (b) any Investment in the form of a Guarantee shall be
determined in accordance with the definition of the term “Guarantee”, (c) any Investment by the
specified Person in the form of a purchase or other acquisition for value of any Equity Interests,
evidences of Indebtedness or other securities of any other Person shall be the fair value (as
determined reasonably and in good faith by the chief financial officer of Holdings) of the
consideration therefor (including any Indebtedness assumed in connection therewith), plus the fair
value (as so determined) of all additions, as of such date of determination, thereto, and minus the
amount, as of such date of determination, of any portion of such Investment repaid to the investor
in cash as a repayment of principal or a return of capital, as the case may be, but without any
other adjustment for increases or decreases in value of, or write-ups, write-downs or write-offs
with respect to, such Investment after the time of such Investment, and (d) any Investment in the
form of a capital contribution shall be the fair value (as determined reasonably and in good faith
by the chief financial officer of Holdings) of the property contributed thereby as of the time
thereof.

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          “IPO” means the initial underwritten public offering of common units representing limited
partner interests in Holdings pursuant to the Registration Statement.

          “Issuance Notice” means an Issuance Notice substantially in the form of Exhibit K, with such
amendments or modifications thereto as may be approved by the Administrative Agent.

          “Issuing Bank” means (a) Fifth Third Bank and (b) any other Revolving Lender that shall have
become an Issuing Bank as provided in Section 2.3(i), other than any such Person that shall have
ceased to be an Issuing Bank as provided in such Section, each in its capacity as an issuer of
Letters of Credit hereunder.

          “Junior Priority Indebtedness” means any Second Lien Indebtedness and any Indebtedness
incurred in reliance on Section 6.1(a)(ix).

          “Landlord Consent and Estoppel” means, with respect to any Leasehold Property, a letter,
certificate or other instrument in writing from the lessor under the related lease, pursuant to
which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold
Property by the applicable Credit Party tenant in favor of the Collateral Agent pursuant to the
Collateral Documents. Each Landlord Consent and Estoppel shall be in form and substance reasonably
satisfactory to the Collateral Agent and shall be sufficient for the Collateral Agent to obtain a
title insurance policy with respect to such Mortgage.

          “Landlord Personal Property Collateral Access Agreement” means a Landlord Waiver and Consent
Agreement substantially in the form of Exhibit L, with such amendments or modifications as may be
approved by Collateral Agent.

          “Leasehold Property” means, as of any time of determination, any leasehold interest then owned
by any Credit Party in any leased real property.

          “Lender” means each Person listed on the signature pages hereto as a Lender, and any other
Person that shall have become a party hereto pursuant to an Assignment Agreement or an Incremental
Facility Agreement, other than any such Person that shall have ceased to be a party hereto pursuant
to an Assignment Agreement.

          “Letter of Credit” means a commercial or standby letter of credit issued or to be issued by
any Issuing Bank pursuant to this Agreement.

          “Letter of Credit Usage” means, at any time, the sum of (a) the maximum aggregate amount that
is, or at any time thereafter pursuant to the terms thereof may become, available for drawing under
all Letters of Credit outstanding at such time and (b) the aggregate amount of all drawings under
Letters of Credit honored by the Issuing Banks and not theretofore reimbursed by the Borrower.

          “Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Total
Debt as of such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive Fiscal
Quarters ended on such date (or, if such date is not the last day of a Fiscal Quarter, most
recently prior to such date). For purposes of determining compliance with

30

 

the covenant set forth in Section 6.7(b) as of the last day of any Fiscal Quarter, the
aggregate amount of Unrestricted Cash and Cash Equivalents of the Credit Parties as of the last day
of such Fiscal Quarter determined for purposes of clause (b) of the definition of the term
“Consolidated Total Debt” shall be reduced by the aggregate amount of the Restricted Payments made
by Holdings in reliance on Section 6.4(a)(ix) or 6.4(a)(x) during the period commencing on the day
immediately succeeding the last day of such Fiscal Quarter and ending on the date on which the
Administrative Agent shall have received the Compliance Certificate pursuant to Section 5.1(c) with
respect to such Fiscal Quarter. For purposes of calculating the Leverage Ratio pursuant to Section
2.23, 6.1(a)(ix) or 6.1(a)(xi), the amount deducted pursuant to clause (b) of the definition of the
term “Consolidated Total Debt” in the calculation of Consolidated Total Debt shall not include any
proceeds of any Indebtedness incurred in reliance thereon and in respect of which such calculation
is being made.

          “Lien” means (a) any lien, mortgage, pledge, assignment, security interest, charge or
encumbrance of any kind (including any agreement to give any of the foregoing, any conditional sale
or other title retention agreement, and any lease or license in the nature thereof) and any option,
trust or other preferential arrangement having the practical effect of any of the foregoing and (b)
in the case of Securities, any purchase option, call or similar right of a third party with respect
to such Securities.

          “Linde Supply Agreement” means the Amended and Restated On-Site Product Supply Agreement
between Linde, Inc. (formerly known as The BOC Group, Inc.), a Delaware corporation, and the
Borrower.

          “Loan” means a Revolving Loan, a Tranche B Term Loan or an Incremental Term Loan of any
Series.

          “Loan Modification Agreement” means a Loan Modification Agreement, in form and substance
reasonably satisfactory to the Administrative Agent, among Holdings, the Borrower, the
Administrative Agent and one or more Accepting Lenders, effecting one or more Permitted Amendments
and such other amendments hereto and to the other Credit Documents as are contemplated by Section
2.24.

          “Loan Modification Offer” as defined in Section 2.24(a).

          “Major Scheduled Turnaround” means any scheduled shutdown for a period of at least seven
consecutive days of the Coffeyville Facility primarily for purposes of conducting maintenance;
provided that such scheduled shutdown is the first or the second such scheduled shutdown in
any period of 24 consecutive months.

          “Major Scheduled Turnaround Expenses” means, for any period, expenses incurred by Holdings or
any Subsidiary during such period to complete any Major Scheduled Turnaround occurring during such
period, but only to the extent such expenses reduce Consolidated Net Income for such period.

          “Margin Stock” as defined in Regulation U of the Board of Governors.

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          “Material Acquisition” means any acquisition, or a series of related acquisitions, whether by
purchase, merger or otherwise, of Equity Interests in, or all or substantially all of the assets
of, or all or substantially all of the assets constituting a business unit, division or line of
business of, any Person, if the Acquisition Consideration therefor exceeds $25,000,000 in the
aggregate.

          “Material Adverse Effect” means a material adverse effect on (a) the business, results of
operations, assets, liabilities or condition (financial or otherwise) of Holdings and the
Subsidiaries taken as a whole, (b) the ability of any Credit Party to fully and timely perform its
obligations under the Credit Documents, (c) the legality, validity, binding effect or
enforceability against any Credit Party of a Credit Document to which it is a party or (d) the
rights, remedies and benefits available to, or conferred upon, any Agent, any Lender or any Secured
Party under any Credit Document.

          “Material Contract” means any Contractual Obligation of Holdings or any Subsidiary (a) that is
related to the purchase of raw materials used in the production of the products of Holdings and the
Subsidiaries, the distribution and transportation of such products, the sale of such products to
customers and the purchase of electricity, water and other utilities for any Facilities in which
such products are produced and (b) with respect to which a breach, nonperformance, cancelation,
expiration or failure to renew could reasonably be expected to have a Material Adverse Effect.

          “Material Disposition” means any sale, transfer or other disposition, or a series of related
sales, transfers or other dispositions, of any assets, if the gross proceeds received therefrom
exceed $25,000,000 in the aggregate.

          “Material Indebtedness” means Indebtedness (other than the Loans and Guarantees under the
Credit Documents), or obligations in respect of one or more Hedge Agreements, of any one or more of
Holdings and the Subsidiaries in an aggregate principal amount of $15,000,000 or more. For
purposes of determining Material Indebtedness, the “principal amount” of the obligations of
Holdings or any Subsidiary in respect of any Hedge Agreement at any time shall be the maximum
aggregate amount (giving effect to any netting agreements) that Holdings or such Subsidiary would
be required to pay if such Hedge Agreement were terminated at such time.

          “Material Real Estate Asset’’ means (a) each fee-owned Real Estate Asset set forth on Schedule
4.12, (b) each other fee-owned Real Estate Asset having a fair market value equal to or in excess
of $5,000,000 as of the date of the acquisition thereof, (c) each Leasehold Property to the extent
such Leasehold Property is material to the business or operations of Holdings and the Subsidiaries,
taken as a whole, and could not readily be replaced with a comparable Leasehold Property on terms
not materially less favorable to the lessee and (d) each other fee-owned Real Estate Asset or
Leasehold Property which the Collateral Agent or the Requisite Lenders have determined to be
material to the business, results of operations, assets, liabilities or condition (financial or
otherwise) of Holdings and the Subsidiaries, taken as a whole.

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          “Maturity Date” means the Revolving Maturity Date, the Tranche B Term Loan Maturity Date or
the Incremental Term Loan Maturity Date with respect to the Incremental Term Loans of any Series,
as the context requires.

          “Moody’s” means Moody’s Investor Service, Inc., or any successor to its ratings agency
business.

          “Mortgage” means a mortgage, deed of trust, assignment of leases and rents or other security
document granting a Lien on any Material Real Estate Asset in favor of the Collateral Agent, for
the benefit of the Secured Parties, as security for the Obligations. Each Mortgage shall be in
form and substance reasonably satisfactory to the Collateral Agent.

          “Multiemployer Plan” means any Employee Benefit Plan that is a “multiemployer plan” as defined
in Section 3(37) of ERISA.

          “NAIC” means The National Association of Insurance Commissioners, or any successor thereto.

          “Net Proceeds” means, with respect to any event, (a) the Cash (which term, for purposes of
this definition, shall include Cash Equivalents) proceeds received in respect of such event,
including any Cash received in respect of any non-cash proceeds, but only as and when received, net
of (b) the sum, without duplication, of (i) all reasonable fees and out-of-pocket expenses
(including any underwriting discounts and commissions) paid in connection with such event by
Holdings or any Subsidiary to Persons that are not Affiliates of Holdings or any Subsidiary and
(ii) in the case of any Asset Sale, (A) the amount of all payments required to be made by Holdings
and the Subsidiaries as a result of such event to repay Indebtedness (other than Loans or any
Second Lien Indebtedness) secured by the assets subject thereto and (B) the amount of all taxes
paid (or reasonably estimated to be payable) by Holdings or any Subsidiary, and the amount of any
reserves established by Holdings or any Subsidiary in conformity with GAAP to fund purchase price
adjustment, indemnification and similar contingent liabilities reasonably estimated to be payable,
in each case during the year that such event occurred or the next succeeding year and that are
directly attributable to the occurrence of such Asset Sale (as determined reasonably and in good
faith by the chief financial officer of Holdings). For purposes of this definition, in the event
any contingent liability reserve established with respect to any event as described in clause
(b)(ii)(B) above shall be reduced, the amount of such reduction shall, except to the extent such
reduction is made as a result of a payment having been made in respect of the contingent
liabilities with respect to which such reserve has been established, be deemed to be receipt, on
the date of such reduction, of Cash proceeds in respect of such event.

          “Non-Consenting Lender” as defined in Section 2.22.

          “Non-Defaulting Lender” means, at any time, each Revolving Lender that is not a Defaulting
Lender at such time.

          “Non-Public Information” means information that has not been disseminated in a manner making
it available to investors generally, within the meaning of Regulation FD.

33

 

          “Non-US Lender” as defined in Section 2.19(c).

          “Note” means a promissory note in the form of Exhibit N.

          “Obligations” means (a) all obligations of every nature of each Credit Party under this
Agreement and the other Credit Documents, whether for principal, interest (including interest that,
but for the filing of a petition in bankruptcy with respect to such Credit Party, would have
accrued on any such obligation, whether or not a claim is allowed against such Credit Party for
such interest in the related bankruptcy proceeding), reimbursement of amounts drawn under Letters
of Credit, fees, expenses, indemnification or otherwise, (b) all Specified Hedge Obligations and
(c) all Specified Cash Management Obligations.

          “Obligations Guarantee” means the Guarantee of the Obligations created under Section 7.

          “Obligee Guarantor” as defined in Section 7.7.

          “Off-Balance Sheet Liabilities” of any Person means (a) any repurchase obligation or liability
of such Person with respect to accounts or notes receivable sold by such Person, (b) any liability
of such Person under any sale and leaseback transactions that does not create a liability on the
balance sheet of such Person, (c) any obligation under a Synthetic Lease or (d) any obligation
arising with respect to any other transaction which is the functional equivalent of or takes the
place of borrowing but which does not constitute a liability on the balance sheet of such Person
(but excluding, for the avoidance of doubt, any operating leases).

          “Organizational Documents” means (a) with respect to any corporation or company, its
certificate or articles of incorporation, organization or association, as amended, and its bylaws,
as amended, (b) with respect to any limited partnership, its certificate or declaration of limited
partnership, as amended, and its partnership agreement, as amended, (c) with respect to any general
partnership, its partnership agreement, as amended, and (d) with respect to any limited liability
company, its certificate of formation or articles of organization, as amended, and its operating
agreement, as amended. In the event any term or condition of this Agreement or any other Credit
Document requires any Organizational Document to be certified by a secretary of state or similar
governmental official, the reference to any such “Organizational Document” shall only be to a
document of a type customarily certified by such governmental official.

          “Other Taxes” means any and all present or future stamp or documentary Taxes or any other
excise or property Taxes, charges or similar levies (and interest, fines, penalties and additions
related thereto) arising from any payment made hereunder or from the execution, delivery or
enforcement of, or otherwise with respect to, this Agreement or any other Credit Document.

          “Participant Register” as defined in Section 10.6(g).

          “Partnership Agreement” means the Second Amended and Restated Agreement of Limited Partnership
of Holdings dated as of [•], 2011.

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          “PATRIOT Act” means the Uniting and Strengthening America by Providing Appropriate Tools
Required to Intercept and Obstruct Terrorism Act (Title III of Pub. L. 107-56).

          “PBGC” means the Pension Benefit Guaranty Corporation, or any successor thereto.

          “Pension Plan” means any Employee Benefit Plan, other than a Multiemployer Plan, that is
subject to Section 412 of the Internal Revenue Code or Section 302 of ERISA.

          “Permitted Acquisition” means any acquisition by the Borrower or any of its Subsidiaries,
whether by purchase, merger or otherwise, of Equity Interests in, or all or substantially all of
the assets of, or all or substantially all of the assets constituting a business unit, division or
line of business of, any other Person; provided that

          (a) immediately prior to and after giving effect thereto, no Default or Event of Default
shall have occurred and be continuing or would result therefrom;

          (b) all transactions in connection therewith shall be consummated, in all material respects,
in accordance with all applicable laws and in conformity with all applicable Governmental
Authorizations, and such acquisition shall not be preceded by, or consummated pursuant to, an
unsolicited tender offer or proxy contest;

          (c) (i) in the case of an acquisition of the Equity Interests in any Person, such Person
(including each Subsidiary of such Person) becomes a wholly owned Subsidiary of the Borrower, and
(ii) in the case of an acquisition of all or substantially all the assets of, or all or
substantially all the assets constituting a business unit, division or line of business of, any
Person, such assets are acquired by the Borrower or a wholly owned Subsidiary of the Borrower;

          (d) all actions required to be taken with respect to such Person, or such assets, as the case
may be, in order to satisfy the requirements set forth in the definition of the term “Collateral
and Guarantee Requirement” shall have been taken (or arrangements for the taking of such actions
satisfactory to the Collateral Agent shall have been made);

          (e) Holdings shall be in compliance with the financial covenants set forth in Section 6.7 on
a pro forma basis (determined in accordance with Section 1.2(b)) after giving effect to such
acquisition as of the last day of the Fiscal Quarter most recently ended on or prior to the date of
the consummation thereof for which financial statements are available (provided that, for
purposes of determining the Leverage Ratio under Section 6.7(b), Consolidated Total Debt shall be
determined on a pro forma basis as of the date of the consummation thereof);

          (f) the business of any such acquired Person, or such acquired assets, as the case may be,
constitute a business permitted under Section 6.11;

          (g) Consolidated Adjusted EBITDA for the period of four consecutive Fiscal Quarters most
recently ended on or prior to the date of the consummation of such acquisition for which financial
statements are available, calculated on a pro forma basis (determined in accordance with Section
1.2(b)) to give effect thereto as if it had been consummated on the first

35

 

day of such period, shall not be less than the historical Consolidated Adjusted EBITDA for
such period;

          (h) after giving effect to such acquisition, the sum of (i) the amount of the excess of the
total Revolving Commitments over the Total Utilization of Revolving Commitments and (ii) the
aggregate amount of Unrestricted Cash and Cash Equivalents of Holdings and the Subsidiaries shall
be at least $20,000,000; and

          (i) if the Acquisition Consideration for such acquisition shall be $10,000,000 or more, the
Administrative Agent shall have received a certificate of the chief financial officer of Holdings
certifying that the foregoing requirements have been met with respect thereto, together with
reasonably detailed calculations in support thereof.

          “Permitted Amendment” means an amendment to this Agreement and the other Credit Documents,
effected in connection with a Loan Modification Offer pursuant to Section 2.24, providing for an
extension of the Maturity Date applicable to the Loans and/or Commitments of the Accepting Lenders
and, in connection therewith, (a) an increase in the Applicable Margin with respect to the Loans
and/or Commitments of the Accepting Lenders and/or (b) an increase in the fees payable to, or the
inclusion of new fees to be payable to, the Accepting Lenders.

          “Permitted Encumbrances” means:

          (a) Liens imposed by law for Taxes that are not yet due or are being contested in compliance
with Section 5.3;

          (b) Liens in respect of assets of Holdings or any Subsidiary imposed by law and arising in
the ordinary course of business, including carriers’, warehousemen’s, mechanics’, materialmen’s,
repairmen’s and other similar Liens (other than any Lien imposed pursuant to Section 430(k) of the
Internal Revenue Code or Section 303(k) of ERISA or a violation of Section 436 of the Internal
Revenue Code), and (i) that do not in the aggregate materially impair the value of such assets or
materially impair the use thereof in the operation of the business of Holdings or such Subsidiary
or (ii) that are being contested in good faith by appropriate proceedings, which proceedings have
the effect of preventing the forfeiture or sale of the assets subject to any such Lien;

          (c) pledges and deposits made (i) in the ordinary course of business in compliance with
workers’ compensation, unemployment insurance and other social security laws and (ii) in respect of
letters of credit, bank guarantees or similar instruments issued for the account of Holdings or any
Subsidiary in the ordinary course of business supporting obligations of the type set forth in
clause (i) above;

          (d) pledges and deposits made (i) to secure the performance of bids, trade contracts, leases,
statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like
nature and (ii) in respect of letters of credit, bank guarantees or similar instruments issued for
the account of Holdings or any Subsidiary supporting obligations of the type set forth in clause
(i) above;

36

 

          (e) judgment liens in respect of judgments that do not constitute an Event of Default under
Section 8.1(h);

          (f) easements, zoning restrictions, rights-of-way and similar encumbrances on real property
imposed by law or arising in the ordinary course of business that do not secure any monetary
obligations and do not materially impair the value of the affected property or interfere in any
material respect with the use of the property or the ordinary conduct of business of Holdings or
any Subsidiary;

          (g) banker’s liens, rights of setoff or similar rights and remedies as to deposit accounts or
other funds maintained with depository institutions; provided that such deposit accounts or
funds are not established or deposited for the purpose of providing collateral for any Indebtedness
and are not subject to restrictions on access by Holdings or any Subsidiary in excess of those
required by applicable banking regulations;

          (h) Liens arising by virtue of UCC financing statement filings (or similar filings under
applicable law) regarding operating leases entered into by Holdings and the Subsidiaries in the
ordinary course of business;

          (i) Liens (i) arising in the ordinary course of business in connection with the purchase or
shipment of goods or assets (or any related assets or proceeds thereof), which Liens are in favor
of the seller or shipper of such goods or assets and only attach to such goods or assets, and (ii)
in favor of customs and revenue authorities arising as a matter of law to secure payment of customs
duties in connection with the importation of goods;

          (j) Liens representing any interest or title of a licensor, lessor or sublicensor or
sublessor, or a licensee, lessee or sublicensee or sublessee, in the property subject to any lease,
license or sublicense or concession agreement permitted by this Agreement;

          (k) Liens that are contractual rights of set-off; and

          (l) Liens arising in connection with any conditional sale, title retention, consignment or
other similar arrangement for the sale of goods entered into by Holdings or any Subsidiary in the
ordinary course of business to the extent such Liens do not attach to any assets other than the
goods subject to such arrangements;

provided that the term “Permitted Encumbrances” shall not include any Lien securing
Indebtedness.

          “Permitted Holder” means CVR Energy and its wholly owned Subsidiaries.

          “Permitted Incremental Amount” means, at any time, $50,000,000 less the sum of (a) the
aggregate amount of Incremental Term Loan Commitments established prior to such time, (b) the
aggregate amount of Incremental Revolving Commitments established prior to such time and (c) the
aggregate principal amount of Second Lien Indebtedness incurred prior to such time in reliance on
Section 6.1(a)(x).

          “Permitted Lien” means any Lien permitted by Section 6.2.

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          “Person” means natural persons, corporations, limited partnerships, general partnerships,
limited liability companies, limited liability partnerships, joint stock companies, joint ventures,
associations, companies, trusts, banks, trust companies, land trusts, business trusts or other
organizations, whether or not legal entities, and Governmental Authorities.

          “Platform” means IntraLinks/IntraAgency, SyndTrak or another similar website or other
information platform.

          “Pledge and Security Agreement” means the Pledge and Security Agreement to be executed by the
Credit Parties substantially in the form of Exhibit M.

          “Prime Rate” means the rate of interest quoted in the print edition of The Wall Street
Journal, Money Rates Section as the Prime Rate (currently defined as the base rate on corporate
loans posted by at least 75% of the nation’s 30 largest banks), as in effect from time to time.
The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate
actually charged to any customer. Any Agent and any Lender may make commercial loans or other
loans at rates of interest at, above or below the Prime Rate.

          “Projections” means the projections of Holdings and the Subsidiaries for the Fiscal Year 2011
through and including the Fiscal Year 2015.

          “Pro Rata Share” means, with respect to any Lender, at any time, (a) when used in reference to
payments, computations and other matters relating to the Tranche B Term Loans or Tranche B Term
Borrowings, the percentage obtained by dividing (i) the Tranche B Term Loan Exposure of such Lender
at such time by (ii) the aggregate Tranche B Term Loan Exposure of all the Lenders at such time,
(b) when used in reference to payments, computations and other matters relating to the Revolving
Commitments, Revolving Loans or Revolving Borrowings, the Letters of Credit or participations
therein or the Letter of Credit Usage, the percentage obtained by dividing (i) the Revolving
Commitment of such Lender at such time by (ii) the aggregate Revolving Commitments of all the
Lenders at such time, provided that if the Revolving Commitments have terminated or
expired, the Pro Rata Share under this clause (c) shall be determined based upon the Revolving
Commitments most recently in effect, giving effect to any assignments, (d) when used in reference
to payments, computations and other matters relating to Incremental Term Loan Commitments,
Incremental Term Loans or Incremental Term Borrowings of any Series, the percentage obtained by
dividing (i) the Incremental Term Loan Exposure of such Lender with respect to such Series at such
time by (ii) the aggregate Incremental Term Loan Exposure of all the Lenders with respect to such
Series at such time, and (e) when used in reference to any other purpose (including Section 9.6),
the percentage obtained by dividing (i) an amount equal to the sum of the Tranche B Term Loan
Exposure, the Revolving Commitments and the Incremental Term Loan Exposure of such Lender at such
time by (ii) an amount equal to the sum of the aggregate Tranche B Term Loan Exposure, the
aggregate Revolving Commitments and the aggregate Incremental Term Loan Exposure of all the Lenders
at such time.

          “Public Lenders” means Lenders that do not wish to receive material Non-Public Information
with respect to Holdings, the Subsidiaries or their Securities.

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          “Qualifying Lender” as defined in Section 2.12(c)(iv).

          “Qualifying Bids” as defined in Section 2.12(c)(iii).

          “Real Estate Asset” means any interest (fee, leasehold or otherwise) owned by any Credit Party
in any real property.

          “Record Document” means, with respect to any Leasehold Property, (a) the lease evidencing such
Leasehold Property or a memorandum thereof, executed and acknowledged by the owner of the affected
real property, as lessor, or (b) if such Leasehold Property was acquired or subleased from the
holder of a Recorded Leasehold Interest, the applicable assignment or sublease document, executed
and acknowledged by such holder, in each case in form sufficient to give constructive notice upon
recordation and otherwise in form reasonably satisfactory to the Collateral Agent.

          “Recorded Leasehold Interest” means a Leasehold Property with respect to which a Record
Document has been recorded in all places necessary or desirable, in the Collateral Agent’s
reasonable judgment, to give constructive notice of such Leasehold Property to third-party
purchasers and encumbrances of the real property that is the subject of such Leasehold Property.

          “Refinancing Indebtedness” means, in respect of any Indebtedness (the “Original
Indebtedness”), any Indebtedness that extends, renews or refinances such Original Indebtedness (or
any Refinancing Indebtedness in respect thereof); provided that (a) the principal amount of
such Refinancing Indebtedness shall not exceed the principal amount of such Original Indebtedness
except by an amount no greater than accrued and unpaid interest with respect to such Original
Indebtedness; (b) the stated final maturity of such Refinancing Indebtedness shall not be earlier,
and the weighted average life to maturity of such Refinancing Indebtedness shall not be shorter,
than that of such Original Indebtedness, and such stated final maturity shall not be subject to any
conditions that could result in such stated final maturity occurring on a date that precedes the
stated final maturity of such Original Indebtedness; (c) such Refinancing Indebtedness shall not be
required to be repaid, prepaid, redeemed, repurchased or defeased, whether on one or more fixed
dates, upon the occurrence of one or more events or at the option of any holder thereof (except, in
each case, upon the occurrence of an event of default or a change in control or as and to the
extent such repayment, prepayment, redemption, repurchase or defeasance would have been required
pursuant to the terms of such Original Indebtedness) prior to the earlier of (i) the maturity of
such Original Indebtedness and (ii) the date 91 days after the latest Maturity Date in effect on
the date of such extension, renewal or refinancing, provided that, notwithstanding the
foregoing, scheduled amortization payments (however denominated) of such Refinancing Indebtedness
shall be permitted so long as the weighted average life to maturity of such Refinancing
Indebtedness shall be longer than the shorter of (x) the weighted average life to maturity of such
Original Indebtedness remaining as of the date of such extension, renewal or refinancing and (y)
the weighted average life to maturity of each Class of the Term Loans remaining as of the date of
such extension, renewal or refinancing; (d) such Refinancing Indebtedness shall not constitute an
obligation (including pursuant to a Guarantee) of any Subsidiary that shall not have been (or, in
the case of after-acquired Subsidiaries, shall not have been required to become) an obligor in
respect of such Original Indebtedness, and shall not

39

 

constitute an obligation of Holdings if Holdings shall not have been an obligor in respect of
such Original Indebtedness, and, in each case, shall constitute an obligation of such Subsidiary or
of Holdings only to the extent of their obligations in respect of such Original Indebtedness; (e)
if such Original Indebtedness shall have been subordinated to the Obligations, such Refinancing
Indebtedness shall also be subordinated to the Obligations on terms not less favorable in any
material respect to the Lenders; and (f) such Refinancing Indebtedness shall not be secured by any
Lien on any asset other than the assets that secured such Original Indebtedness (or would have been
required to secure such Original Indebtedness pursuant to the terms thereof) or, in the event Liens
securing such Original Indebtedness shall have been contractually subordinated to any Lien securing
the Obligations, by any Lien that shall not have been contractually subordinated to at least the
same extent.

          “Refinery Company” means Coffeyville Resources Refining & Marketing, LLC, a Delaware limited
liability company.

          “Register” as defined in Section 2.6(b).

          “Registration Statement” means the registration statement on Form S-1 (No. 333-171270),
including the prospectus forming a part thereof, filed by Holdings with the SEC and declared
effective under the Securities Act.

          “Regulation D” means Regulation D of the Board of Governors.

          “Regulation FD” means Regulation FD as promulgated by the SEC under the Securities Act and
Exchange Act.

          “Reimbursement Date” as defined in Section 2.3(d).

          “Related Fund” means, with respect to any Lender that is an investment fund, any other
investment fund that invests in commercial loans and that is managed or advised by the same
investment advisor as such Lender or by an Affiliate of such investment advisor.

          “Related Parties” means, with respect to any Person, such Person’s Affiliates and the
directors, officers, partners, members, trustees, employees, controlling persons, agents and
advisors of such Person and of such Person’s Affiliates.

          “Related Transactions” means (a) the Exchange, (b) the IPO, (c) the Coffeyville Resources
Distribution, (d) the CVR Energy Debt Release and (e) the IDR Purchase.

          “Release” means, whether in the past, present or future, actively or passively disposing,
discharging, injecting, spilling, disposing, dispensing, pumping, leaking, leaching, dumping,
emitting, escaping, emptying, pouring, seeping, migrating or the like, at, on, through, into or
upon any land or water or air, or otherwise entering into the environment.

          “Replacement Lender” as defined in Section 2.22.

          “Reply Amount” as defined in Section 2.12(c)(ii).

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          “Reply Discount” as defined in Section 2.12(c)(ii).

          “Requisite Lenders” means, at any time, Lenders having or holding Revolving Exposure, unused
Revolving Commitments, Tranche B Term Loan Exposure and Incremental Term Loan Exposure representing
more than 50% of the sum of the Revolving Exposure, unused Revolving Commitments, Tranche B Term
Loan Exposure and Incremental Term Loan Exposure of all the Lenders at such time. For purposes of
this definition, (a) the amount of Revolving Exposure, unused Revolving Commitments, Tranche B Term
Loan Exposure and Incremental Term Loan Exposure shall be determined by excluding the Revolving
Exposure, unused Revolving Commitment, Tranche B Term Loan Exposure and Incremental Term Loan
Exposure of any Defaulting Lender and (b) the amount of Tranche B Term Loan Exposure and
Incremental Term Loan Exposure shall be determined by excluding the Tranche B Term Loan Exposure
and Incremental Term Loan Exposure of any Affiliated Lender.

          “Restricted” means, when used in reference to Cash or Cash Equivalents of any Person, that
such Cash or Cash Equivalents (a) appear (or would be required to appear) as “restricted” on a
consolidated balance sheet of such Person prepared in conformity with GAAP (unless such
classification results from any Lien referred to in the parenthetical set forth in clause (b)
below), (b) are controlled by or subject to any Lien or other preferential arrangement in favor of
any creditor (including any counterparty under a Hedge Agreement) (other than (i) Liens created
under the Credit Documents, (ii) Liens constituting Permitted Encumbrances of the type referred to
in clause (g) of the definition of such term and (iii) Liens permitted under Section 6.2(o)) or (c)
are not otherwise generally available for use by such Person.

          “Restricted Payment” means (a) any dividend or other distribution, direct or indirect (whether
in cash, securities or other property), with respect to any Equity Interests in Holdings or any
Subsidiary, (b) any payment, direct or indirect (whether in cash, securities or other property),
including any sinking fund or similar deposit, on account of any redemption, retirement, purchase,
acquisition, cancelation or termination of, or any other return of capital with respect to, any
Equity Interests in Holdings or any Subsidiary or (c) any management or similar fees payable to the
General Partner. For purposes hereof, any payment of the type referred to in clause (b) above that
is made by the General Partner shall be deemed to be a Restricted Payment made by Holdings or a
Subsidiary to the extent Holdings or such Subsidiary are required, pursuant to any CVR Intercompany
Agreement or otherwise, to reimburse or otherwise compensate the General Partner or any other CVR
Energy Entity for such payment. Except as provided in the immediately preceding sentence, no
payment made by Holdings to the General Partner to reimburse, in accordance with the Partnership
Agreement, the General Partner for expenses incurred or payments made by the General Partner on
behalf of Holdings or other expenses reasonably incurred by the General Partner in connection with
operating the business of Holdings shall be deemed to be a Restricted Payment, provided
that such payment is recognized by Holdings as an expense in the consolidated statement of
operations of Holdings and the Subsidiaries for the period in which made.

          “Return Bid” as defined in Section 2.12(c)(ii).

          “Revolving Borrowing” means a Borrowing comprised of Revolving Loans.

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          “Revolving Commitment” means, with respect to any Lender, the commitment, if any, of such
Lender to make Revolving Loans and to acquire participations in Letters of Credit hereunder,
expressed as an amount representing the maximum aggregate permitted amount of such Lender’s
Revolving Exposure hereunder. The initial amount of each Lender’s Revolving Commitment, if any, is
set forth on Schedule 2.1 or in the Assignment Agreement or Incremental Facility Agreement pursuant
to which such Lender shall have assumed or established its Revolving Commitment, subject to any
increase or reduction pursuant to the terms and conditions hereof. The aggregate amount of the
Revolving Commitments as of the Closing Date is $25,000,000.

          “Revolving Commitment Period” means the period from the Closing Date to but excluding the
Revolving Commitment Termination Date.

          “Revolving Commitment Termination Date” means the earlier to occur of (a) the Revolving
Maturity Date and (b) the date on which all the Revolving Commitments are terminated or permanently
reduced to zero pursuant to Section 2.12(b) or 8.1.

          “Revolving Exposure” means, with respect to any Lender at any time, the sum of (a) the
aggregate outstanding principal amount of the Revolving Loans of such Lender at such time and (b)
such Lender’s Pro Rata Share of the Letter of Credit Usage at such time.

          “Revolving Lender” means a Lender with a Revolving Commitment or Revolving Exposure.

          “Revolving Loan” means a loan made by a Lender to the Borrower pursuant to Section 2.2(a).

          “Revolving Maturity Date” means the date that is the five year anniversary of the Closing
Date.

          “Sale/Leaseback Transaction” means an arrangement relating to property owned by Holdings or
any Subsidiary whereby Holdings or such Subsidiary sells or transfers such property to any Person
and Holdings or any Subsidiary leases such property, or other property that it intends to use for
substantially the same purpose or purposes as the property sold or transferred, from such Person or
its Affiliates.

          “S&P” means Standard & Poor’s Ratings Service, a division of The McGraw-Hill Companies, Inc.,
or any successor to its rating agency business.

          “SEC” means the United States Securities and Exchange Commission, or any successor thereto.

          “Second Lien Indebtedness” means any Indebtedness of the Borrower, and Guarantees thereof by
any Guarantor, provided that (a) the stated final maturity of such Indebtedness shall not
be earlier than 91 days after the latest Maturity Date in effect at the time such Indebtedness is
incurred, and such stated final maturity shall not be subject to any conditions that could result
in such stated final maturity occurring on a date that precedes the date that is 91 days after the
latest Maturity Date in effect at the time such Indebtedness is

42

 

incurred, (b) such Indebtedness shall not be required to be repaid, prepaid, redeemed,
repurchased or defeased, whether on one or more fixed dates, upon the occurrence of one or more
events or at the option of any holder thereof (except, in each case, upon the occurrence of an
event of default, a change in control, an asset disposition or an event of loss) prior to the date
91 days after the latest Maturity Date in effect on the date such Indebtedness is incurred, (c)
such Indebtedness contains terms and conditions (excluding pricing, premiums and optional
prepayment or optional redemption provisions) that are market terms on the date of incurrence
thereof (as determined in good faith by the board of directors (or other governing body) of the
General Partner) or are not materially more restrictive than the covenants and events of default
contained in this Agreement (provided that a certificate of an Authorized Officer of
Holdings delivered to the Administrative Agent at least five Business Days prior to the incurrence
of such Indebtedness, together with a reasonably detailed description of the material terms and
conditions of such Indebtedness or drafts of the documentation relating thereto, stating that
Holdings has determined in good faith that such terms and conditions satisfy the requirement of
this clause (c) shall be conclusive evidence that such terms and conditions satisfy such
requirement unless the Administrative Agent notifies Holdings within such five Business Day period
that it disagrees with such determination (including a reasonable description of the basis upon
which it disagrees)), (d) such Indebtedness shall not constitute an obligation (including pursuant
to a Guarantee) of any Person other than the Credit Parties, (e) such Indebtedness is secured by
the Collateral on a second lien, subordinated basis to the Obligations and is not secured by any
Lien on any asset of Holdings or any Subsidiary other than the Collateral and (f) the
administrative agent, collateral agent, trustee and/or any similar representative (in each case, as
determined by the Administrative Agent) acting on behalf of the holders of such Indebtedness shall
have become party to the Intercreditor Agreement.

          “Secured Parties” as defined in the Pledge and Security Agreement.

          “Securities” means any stock, shares, partnership interests, voting trust certificates,
certificates of interest or participation in any profit-sharing agreement or arrangement, options,
warrants, bonds, debentures, notes or other evidences of indebtedness, secured or unsecured,
convertible, subordinated or otherwise, or in general any instruments commonly known as
“securities” or any certificates of interest, shares or participations in temporary or interim
certificates for the purchase or acquisition of, or any right to subscribe to, purchase or acquire,
any of the foregoing.

          “Securities Act” means the Securities Act of 1933.

          “Series” as defined in Section 2.23(c).

          “Services Agreement” means the Amended and Restated Services Agreement dated as of [•], 2011,
among CVR Energy, the General Partner and Holdings.

          “SNDA” means a Subordination, Non-Disturbance and Attornment Agreement substantially in the
form of Exhibit P, with such amendments or modifications thereto as may be approved by the
Collateral Agent.

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          “Solvency Certificate” means a Solvency Certificate executed by the chief financial officer of
Holdings substantially in the form of Exhibit O.

          “Solvent” means, with respect to the Credit Parties, taken as a whole, that as of the date of
determination, (a) the sum of the Credit Parties’ debt and other liabilities (including contingent
liabilities) does not exceed the present fair saleable value of the Credit Parties’ present assets
as of such date, (b) the Credit Parties’ capital is not unreasonably small in relation to their
respective businesses as conducted on, or proposed to be conducted following, such date, (c) the
Credit Parties have not incurred and do not intend to incur, or believe (nor should they reasonably
believe) that they will incur, debts and liabilities (including contingent liabilities) beyond
their ability to pay such debts and liabilities as they become due (whether at maturity or
otherwise) and (d) the Credit Parties are “solvent” within the meaning given to that term and
similar terms under the Bankruptcy Code and applicable laws relating to fraudulent transfers and
conveyances. For purposes of this definition, the amount of any contingent liability at any time
shall be computed as the amount that, in light of all of the facts and circumstances existing at
such time, represents the amount that can reasonably be expected to become an actual or matured
liability (irrespective of whether such contingent liabilities meet the criteria for accrual under
GAAP).

          “Specified Cash Management Obligations” means all obligations of every nature of Holdings or
any Subsidiary (whether absolute or contingent and however and whenever created, arising, evidenced
or acquired (including all renewals, extensions and modifications thereof and substitutions
therefor)) arising in respect of Cash Management Services that (a) are owed to an Agent, an
Arranger or any Affiliate of any of the foregoing, or to any Person that, at the time such
obligations were incurred, was an Agent, an Arranger or any Affiliate of any of the foregoing, (b)
are owed on the Closing Date to a Person that is a Lender or an Affiliate of a Lender as of the
Closing Date or (c) are owed to a Person that is a Lender or an Affiliate of a Lender at the time
such obligations are incurred; provided, in each case, that in the case of obligations
arising in respect of Cash Management Services that are owed to any provider of Cash Management
Services other than the Administrative Agent or an Affiliate thereof, the Borrower shall have
provided a written notice to the Administrative Agent designating such obligations as Specified
Cash Management Obligations.

          “Specified Class” as defined in Section 2.24(a).

          “Specified Default” means (a) any Event of Default and (b) any Default under Section 8.1(a),
8.1(b), 8.1(c), 8.1(f), 8.1(g) or 8.1(j).

          “Specified Hedge Obligations” means all obligations of every nature of Holdings or any
Subsidiary under each Hedge Agreement that (a) is with a counterparty that is, or was on the
Closing Date, an Agent, an Arranger or any Affiliate of any of the foregoing, whether or not such
counterparty shall have been an Agent, an Arranger or any Affiliate of any of the foregoing at the
time such Hedge Agreement was entered into, (b) is in effect on the Closing Date with a
counterparty that is a Lender or an Affiliate of a Lender as of the Closing Date or (c) is entered
into after the Closing Date with a counterparty that is a Lender or an Affiliate of a Lender at the
time such Hedge Agreement is entered into, whether for interest (including interest that, but for
the filing of a petition in bankruptcy with respect to Holdings or such Subsidiary, as the case may

44

 

be, would have accrued on any such obligation, whether or not a claim is allowed against
Holdings or such Subsidiary for such interest in the related bankruptcy proceeding), payments for
early termination of such Hedge Agreement, fees, expenses, indemnification or otherwise;
provided, in each case, that in the case of any such Hedge Agreement with a counterparty
other than the Administrative Agent or an Affiliate thereof, the Borrower shall have provided a
written notice to the Administrative Agent designating obligations under such Hedge Agreement as
Specified Hedge Obligations.

          “Subsidiary” means, with respect to any Person (the “Parent”) at any date, (a) any Person the
accounts of which would be consolidated with those of the Parent in the Parent’s consolidated
financial statements if such financial statements were prepared in conformity with GAAP as of such
date and (b) any other Person (i) of which Equity Interests representing more than 50% of the
equity value or more than 50% of the ordinary voting power or, in the case of a partnership, more
than 50% of the general partner interests are, as of such date, owned, controlled or held, or (ii)
that is, as of such date, otherwise Controlled, by the Parent or one or more Subsidiaries of the
Parent or by the Parent and one or more Subsidiaries of the Parent. Unless otherwise specified,
all references herein to Subsidiaries shall be deemed to refer to Subsidiaries of Holdings.

          “Supplemental Collateral Questionnaire” means a certificate in the form of Exhibit Q or any
other form approved by the Collateral Agent.

          “Syndication Agent” means [ ], in its capacity as syndication agent for the credit
facilities established under this Agreement.

          “Synthetic Lease” means a lease transaction under which the parties intend that (a) the lease
will be treated as an “operating lease” by the lessee and (b) the lessee will be entitled to
various tax and other benefits ordinarily available to owners (as opposed to lessees) of like
property.

          “Tax” means any present or future tax, levy, impost, duty, assessment, charge, fee, deduction
or withholding (together with interest, penalties and other additions thereto) imposed, levied,
collected, withheld or assessed by any Governmental Authority; provided that “Tax on the
overall net income” of a Person shall be construed as a reference to a tax imposed by the
jurisdiction in which such Person is organized or in which such Person’s applicable principal
office (and/or, in the case of a Lender, its lending office) is located on all or part of the
overall net income, profits or gains (whether worldwide, or only insofar as such income, profits or
gains are considered to arise in or to relate to a particular jurisdiction, or otherwise) of such
Person (and/or, in the case of a Lender, its applicable lending office).

          “Term Borrowing” means a Borrowing comprised of Term Loans of any Class.

          “Term Lender” means a Lender with a Term Loan Commitment or a Term Loan.

          “Term Loan” means a Tranche B Term Loan or an Incremental Term Loan of any Series.

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          “Term Loan Commitment” means a Tranche B Term Loan Commitment or an Incremental Term Loan
Commitment of any Series.

          “Terminated Lender” as defined in Section 2.22.

          “Total Utilization of Revolving Commitments” means, at any time, the sum of (a) the aggregate
principal amount of all Revolving Loans outstanding at such time and (b) the Letter of Credit Usage
at such time.

          “Tranche B Term Borrowing” means a Borrowing comprised of Tranche B Term Loans.

          “Tranche B Term Loan” means a loan made by a Lender to the Borrower pursuant to Section
2.1(a).

          “Tranche B Term Loan Commitment” means, with respect to any Lender, the commitment, if any, of
such Lender to make a Tranche B Term Loan hereunder, expressed as an amount representing the
maximum principal amount of the Tranche B Term Loan to be made by such Lender, subject to any
increase or reduction pursuant to the terms and conditions hereof. The initial amount of each
Lender’s Tranche B Term Loan Commitment, if any, is set forth on Schedule 2.1 or in the Assignment
Agreement pursuant to which such Lender shall have assumed its Tranche B Term Loan Commitment. The
aggregate amount of the Tranche B Term Loan Commitments as of the Closing Date is $125,000,000.

          “Tranche B Term Loan Exposure” means, with respect to any Lender, at any time, (a) prior to
the making of Tranche B Term Loans hereunder, the Tranche B Term Loan Commitment of such Lender at
such time and (b) after the making of Tranche B Term Loans hereunder, the aggregate principal
amount of the Tranche B Term Loans of such Lender outstanding at such time.

          “Tranche B Term Loan Maturity Date” means the date that is the five year anniversary of the
Closing Date.

          “Transactions” means the Financing Transactions and the Related Transactions.

          “Type” when used in reference to any Loan or Borrowing, refers to whether the rate of interest
on such Loan, or on the Loans comprising such Borrowing, is determined by reference to the Adjusted
Eurodollar Rate or the Base Rate.

          “UCC” means the Uniform Commercial Code (or any similar or equivalent legislation) as in
effect from time to time in any applicable jurisdiction.

          “Unrestricted” means, when used in reference to Cash or Cash Equivalents of any Person, that
such Cash is not Restricted.

          “US Lender” as defined in Section 2.19(c).

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          “wholly owned”, when used in reference to a Subsidiary of any Person, means that all the
Equity Interests in such Subsidiary (other than directors’ qualifying shares and other nominal
amounts of Equity Interests that are required to be held by other Persons under applicable law) are
owned, beneficially and of record, by such Person, another wholly owned Subsidiary of such Person
or any combination thereof.

          1.2. Accounting Terms; Pro Forma Calculations. (a) Except as otherwise expressly provided
herein, all accounting terms not otherwise defined herein shall have the meanings assigned to them
in conformity with GAAP. Financial statements and other information required to be delivered by
Holdings and the Borrower pursuant to Sections 5.1(a) and 5.1(b) shall be prepared in conformity
with GAAP as in effect at the time of such preparation (and delivered together with the
reconciliation statements provided for in Section 5.1(d), if applicable). Subject to the
foregoing, calculations in connection with the definitions, covenants and other provisions hereof
shall utilize accounting principles and policies in conformity with those used to prepare the
Historical Financial Statements. For purposes hereof, references to non-cash charges shall be
determined in accordance with the Compliance Certificate. If there shall be a change in GAAP after
the Closing Date then, at the Borrower’s request, the Lenders hereby agree to negotiate in good
faith with Holdings and the Borrower to modify the financial covenants set forth herein in a manner
that addresses such change but preserves for the Lenders the intent and practical effect of the
financial covenants (and the related rights and remedies) set forth herein.

          (b) All pro forma computations required to be made hereunder giving effect to any Material
Acquisition, Material Disposition, Permitted Acquisition or other transaction (i) shall be
calculated after giving pro forma effect thereto (and, in the case of any pro forma computations
made hereunder to determine whether such Material Acquisition, Material Disposition, Permitted
Acquisition or other transaction is permitted to be consummated hereunder, to any other such
transaction consummated since the first day of the period covered by any component of such pro
forma computation and on or prior to the date of such computation) as if such transaction had
occurred on the first day of the period of four consecutive Fiscal Quarters ending with the most
recent Fiscal Quarter for which financial statements shall have been delivered pursuant to Section
5.1(a) or 5.1(b) (or, prior to the delivery of any such financial statements, ending with the last
Fiscal Quarter included in the Historical Financial Statements) and, to the extent applicable, to
the historical earnings and cash flows associated with the assets acquired or disposed of and any
related incurrence or reduction of Indebtedness, all in accordance with Article 11 of Regulation
S-X under the Securities Act and (ii) in the case of any Permitted Acquisition, may reflect pro
forma adjustments (without duplication of any adjustments made in accordance with clause (i) above
or any amounts that are otherwise included or added back in computing Consolidated Adjusted EBITDA
in accordance with the definition of such term) for cost savings and synergies (net of continuing
associated expenses) to the extent such cost savings and synergies are reasonably identifiable,
factually supportable and expected to be realized (or have been realized) within 365 days following
the consummation of such Permitted Acquisition, provided that (A) Holdings shall have delivered to
the Administrative Agent a certificate of the chief financial officer of Holdings, in form and
substance reasonably satisfactory to the Administrative Agent, certifying that such cost savings
and synergies meet the requirements set forth in this clause (ii), together with reasonably
detailed evidence in support thereof, and (B) if any cost savings or synergies included in any pro
forma

47

 

calculations based on the expectation that such cost savings or synergies will be realized
within 365 days following the consummation of such Permitted Acquisition shall at any time cease to
be reasonably expected to be so realized within such period, then on and after such time pro forma
calculations required to be made hereunder shall not reflect such cost savings and synergies. If
any Indebtedness bears a floating rate of interest and is being given pro forma effect, the
interest on such Indebtedness shall be calculated as if the rate in effect on the date of
determination had been the applicable rate for the entire period (taking into account any Hedge
Agreement applicable to such Indebtedness if such Hedge Agreement has a remaining term in excess of
12 months).

          1.3. Interpretation, Etc. Any of the terms defined herein may, unless the context otherwise
requires, be used in the singular or the plural, depending on the reference. References herein to
any Section, Schedule or Exhibit shall be to a Section of, or a Schedule or an Exhibit to, this
Agreement, unless otherwise specifically provided. The words “include”, “includes” and “including”
shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be
construed to have the same meaning and effect as the word “shall”. The words “asset” and
“property” shall be construed to have the same meaning and effect and to refer to any and all real
and personal, tangible and intangible assets and properties, including Cash, Securities, accounts
and contract rights. The word “law” shall be construed as referring to all statutes, rules,
regulations, codes and other laws (including official rulings and interpretations thereunder having
the force of law or with which affected Persons customarily comply), and all judgments, orders,
writs and decrees, of all Governmental Authorities. Unless the context requires otherwise, (a) any
definition of or reference to any agreement, instrument, plan or other document (including this
Agreement) shall be construed as referring to such agreement, instrument or other document as from
time to time amended, supplemented or otherwise modified (subject to any restrictions on such
amendments, restatements, supplements or modifications set forth herein), (b) any definition of or
reference to any statute, rule or regulation shall be construed as referring thereto as from time
to time amended, restated, supplemented or otherwise modified (including by succession of
comparable successor laws), (c) any reference herein to any Person shall be construed to include
such Person’s successors and assigns (subject to any restrictions on assignment set forth herein)
and, in the case of any Governmental Authority, any other Governmental Authority that shall have
succeeded to any or all functions thereof, (d) the words “herein”, “hereof” and “hereunder”, and
words of similar import, shall be construed to refer to this Agreement in its entirety and not to
any particular provision hereof and (e) any reference herein to the knowledge of Holdings or any
Subsidiary or any officer thereof shall also be deemed to include the knowledge of the General
Partner or such officer thereof, as applicable, and any reference to an Authorized Officer or any
other officer of Holdings shall also be deemed to refer to an Authorized Officer or such other
officer of the General Partner.

          1.4. Classification of Loans and Borrowings. For purposes of this Agreement, Loans and
Borrowings may be classified and referred to by Class (e.g., a “Revolving Loan” or
“Revolving Borrowing”) or by Type (e.g., a “Eurodollar Rate Loan” or “Eurodollar Rate
Borrowing”) or by Class and Type (e.g., a “Eurodollar Rate Revolving Loan” or “Eurodollar
Rate Revolving Borrowing”).

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          SECTION 2. LOANS AND LETTERS OF CREDIT

          2.1. Term Loans. (a) Tranche B Term Loan Commitments. Subject to the terms and
conditions hereof, each Lender agrees to make, on the Closing Date, a term loan to the Borrower in
an amount equal to such Lender’s Tranche B Term Loan Commitment. Amounts borrowed pursuant to this
Section 2.1(a) that are repaid or prepaid may not be reborrowed. Each Lender’s Tranche B Term Loan
Commitment shall terminate immediately and without any further action on the Closing Date upon the
making of a Tranche B Term Loan by such Lender.

          (b) Borrowing Mechanics for Term Loans.

     (i) Each Term Loan shall be made as part of a Borrowing consisting of Loans of the
same Class and Type made by each Term Lender proportionately to its applicable Pro Rata
Share. At the commencement of each Interest Period for any Eurodollar Rate Term Borrowing,
such Borrowing shall be in an aggregate minimum amount of $5,000,000 and integral multiples
of $1,000,000 in excess of such amount; provided that a Eurodollar Rate Term
Borrowing that results from a continuation of an outstanding Eurodollar Rate Term Borrowing
may be in an aggregate amount that is equal to such outstanding Borrowing.

     (ii) To request a Term Borrowing, the Borrower shall deliver to the Administrative
Agent a fully completed and executed Funding Notice (A) in the case of a Eurodollar Rate
Borrowing, not later than 1:00 p.m. (New York City time) at least three Business Days in
advance of the proposed Credit Date and (B) in the case of a Base Rate Borrowing, not later
than 1:00 p.m. (New York City time) at least one Business Day in advance of the proposed
Credit Date. Promptly upon receipt by the Administrative Agent of a Funding Notice in
accordance with this paragraph, the Administrative Agent shall notify each Term Lender of
the applicable Class of the details thereof and of the amount of such Lender’s Term Loan to
be made as part of the requested Term Borrowing.

     (iii) Each Lender shall make the principal amount of its Term Loan required to be made
by it hereunder on the proposed Credit Date available to the Administrative Agent not later
than 3:00 p.m. (New York City time) on such Credit Date, by wire transfer of same day funds
in Dollars to the account of the Administrative Agent most recently designated by it for
such purpose by notice to the Lenders. The Administrative Agent will make each such Term
Loan available to the Borrower by promptly remitting the amounts so received, in like funds,
to the account of the Borrower specified by the Borrower in the Funding Notice.

          2.2. Revolving Loans. (a) Revolving Commitments. During the Revolving Commitment
Period, subject to the terms and conditions hereof, each Lender agrees to make revolving loans to
the Borrower in an aggregate principal amount that will not result in (i) such Lender’s Revolving
Exposure exceeding such Lender’s Revolving Commitment then in effect or (ii) the Total Utilization
of Revolving Commitments exceeding the total Revolving Commitments then in effect. Amounts
borrowed pursuant to this Section 2.2(a) that are repaid or prepaid may, subject to the terms and
conditions hereof, be reborrowed during the Revolving

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Commitment Period. Each Lender’s Revolving Commitment shall expire on the Revolving
Commitment Termination Date.

          (b) Borrowing Mechanics for Revolving Loans.

     (i) Each Revolving Loan shall be made as part of a Borrowing consisting of Loans of
the same Type made by each Revolving Lender proportionately to its Pro Rata Share. At the
commencement of each Interest Period for any Eurodollar Rate Revolving Borrowing, such
Borrowing shall be in an aggregate minimum amount of $100,000 and integral multiples of
$100,000 in excess of such amount; provided that a Eurodollar Rate Revolving
Borrowing that results from a continuation of an outstanding Eurodollar Rate Revolving
Borrowing may be in an aggregate amount that is equal to such outstanding Borrowing. At the
time each Base Rate Revolving Borrowing is made, such Borrowing shall be in an aggregate
minimum amount of $100,000 and integral multiples of $100,000 in excess of such amount;
provided that such Borrowing may be in an aggregate amount that is equal to the
entire unused balance of the total Revolving Commitments in effect at such time or that is
required to finance the reimbursement of a drawing under a Letter of Credit as contemplated
by Section 2.3(d).

     (ii) To request a Revolving Borrowing, the Borrower shall deliver to the
Administrative Agent a fully completed and executed Funding Notice (A) in the case of a
Eurodollar Rate Borrowing, not later than 1:00 p.m. (New York City time) at least three
Business Days in advance of the proposed Credit Date and (B) in the case of a Base Rate
Borrowing, not later than 12:00 noon (New York City time) on the proposed Credit Date (which
shall be a Business Day). In lieu of delivering a Funding Notice, the Borrower may give the
Administrative Agent telephonic notice by the required time of any proposed Revolving
Borrowing; provided that such telephonic notice shall be promptly confirmed in
writing by delivery to the Administrative Agent of a fully completed and executed Funding
Notice. In the event of any discrepancy between the telephonic notice and the written
Funding Notice, the written Funding Notice shall govern and control. Promptly upon receipt
by the Administrative Agent of a Funding Notice in accordance with this paragraph, the
Administrative Agent shall notify each Revolving Lender of the details thereof and of the
amount of such Lender’s Revolving Loan to be made as part of the requested Revolving
Borrowing. Except as otherwise provided herein, a Funding Notice for a Eurodollar Rate
Revolving Borrowing shall be irrevocable on and after the related Interest Rate
Determination Date, and the Borrower shall be bound to make a borrowing in accordance
therewith.

     (iii) Each Lender shall make the principal amount of its Revolving Loan required to be
made by it hereunder on any Credit Date available to the Administrative Agent not later than
3:00 p.m. (New York City time) on the applicable Credit Date by wire transfer of same day
funds in Dollars to the account of the Administrative Agent most recently designated by it
for such purpose by notice to the Lenders. The Administrative Agent will make available
each such Revolving Loan available to the Borrower by promptly remitting the amounts so
received, in like funds, to an account of the Borrower specified by the Borrower in the
applicable Funding Notice.

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          2.3. Letters of Credit. (a) General. During the Revolving Commitment Period,
subject to the terms and conditions hereof, each Issuing Bank agrees to issue Letters of Credit for
the account of the Borrower; provided that no Letter of Credit shall be issued (or amended,
renewed or extended) by any Issuing Bank unless (i) such Issuing Bank shall have given to the
Administrative Agent written notice thereof required under Section 2.3(h), (ii) after giving effect
to such issuance (or amendment, renewal or extension), the Total Utilization of Revolving
Commitments shall not exceed the total Revolving Commitments then in effect, (iii) such Letter of
Credit shall be denominated in Dollars and (iv) such Letter of Credit shall have an expiration date
that is no later than the earlier of (A) five days prior to the Revolving Maturity Date and (B) the
date one year after the date of issuance of such Letter of Credit (or, in the case of any renewal
or extension thereof, one year after the date of such renewal or extension). Each Letter of Credit
shall be otherwise in the form acceptable to the applicable Issuing Bank in its reasonable
discretion. Subject to the foregoing, the applicable Issuing Bank may agree that a Letter of
Credit will automatically extend for one or more successive periods not to exceed one year each
(but in any event to a date not later than five days prior to the Revolving Maturity Date) unless
such Issuing Bank elects not to extend for any such additional period; provided that such
Issuing Bank shall not permit any such extension if, reasonably in advance of the time by which
such election must be made, such Issuing Bank has received written notice that an Event of Default
has occurred and is continuing.

          (b) Notice of Issuance, Amendment, Renewal or Extension. To request the issuance of
a Letter of Credit (or the amendment, renewal or extension of an outstanding Letter of Credit), the
Borrower shall deliver to the Administrative Agent and the applicable Issuing Bank an Issuance
Notice reasonably in advance of the requested date of issuance, amendment, renewal or extension.
If requested by the applicable Issuing Bank, the Borrower also shall submit a letter of credit
application on such Issuing Bank’s standard form in connection with any such request;
provided that (i) any provisions of such letter of credit application purporting to grant
Liens in favor of such Issuing Bank to secure obligations in respect of such Letter of Credit shall
be of no force or effect and (ii) in the event of any inconsistency or conflict between the terms
and conditions of such letter of credit application and the terms and conditions of this Agreement,
the terms and conditions of this Agreement shall govern and control. No Issuing Bank shall be
required to issue, amend, renew or extend any requested Letter of Credit unless such issuance,
amendment, renewal or extension is in accordance with such Issuing Bank’s standard operating
procedures.

          (c) Responsibility of each Issuing Bank. In determining whether to honor any drawing
under any Letter of Credit, the sole responsibility of an Issuing Bank shall be to examine the
documents delivered under such Letter of Credit with reasonable care so as to ascertain whether
such documents appear on their face to be in accordance with the terms and conditions of such
Letter of Credit. As between the Borrower and any Issuing Bank, the Borrower assumes all risks of
the acts and omissions of, or misuse of any Letters of Credit by, the beneficiary of any Letter of
Credit. In furtherance and not in limitation of the foregoing, none of the Issuing Banks or any of
their Related Parties shall have any responsibility for (and none of their rights or powers
hereunder shall be affected or impaired by) (i) the form, validity, sufficiency, accuracy,
genuineness or legal effect of any document submitted by any Person in connection with the
application for and issuance of any Letter of Credit, even if it should in fact prove to be in any
or all respects invalid, insufficient, inaccurate, fraudulent or forged, (ii) the

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validity or sufficiency of any instrument transferring or assigning or purporting to transfer
or assign any Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole
or in part, that may prove to be invalid or ineffective for any reason, (iii) failure of the
beneficiary of any Letter of Credit to comply fully with any conditions required in order to draw
upon such Letter of Credit, (iv) errors, omissions, interruptions or delays in transmission or
delivery of any messages, by mail, facsimile or otherwise, whether or not they be in cipher, (v)
errors in interpretation of technical terms, (vi) any loss or delay in the transmission or
otherwise of any document required in order to make a drawing under any Letter of Credit, (vii) the
misapplication by the beneficiary of any Letter of Credit of the proceeds of any drawing under such
Letter of Credit or (viii) any consequences arising from causes beyond the control of the
applicable Issuing Bank, including any Governmental Acts. Without limiting the foregoing, any act
taken or omitted to be taken by an Issuing Bank under or in connection with the Letters of Credit
or any documents or certificates delivered thereunder, if taken or omitted in good faith, shall not
give rise to any liability on the part of such Issuing Bank to the Borrower. Notwithstanding
anything to the contrary contained in this Section 2.3(c), the Borrower shall retain any and all
rights it may have against an Issuing Bank for any liability arising solely out of the gross
negligence or willful misconduct of such Issuing Bank, as determined by a final, non-appealable
judgment of a court of competent jurisdiction.

          (d) Reimbursement by the Borrower. In the event an Issuing Bank shall have honored a
drawing under any Letter of Credit, it shall promptly notify the Borrower and the Administrative
Agent thereof, and the Borrower shall reimburse such Issuing Bank for such drawing by paying to
such Issuing Bank an amount in Dollars in same day funds equal to the amount of such drawing not
later than the first Business Day immediately following the day that the Borrower receives such
notice (the date on which the Borrower is required to reimburse a drawing under any Letter of
Credit is referred to herein as the “Reimbursement Date” in respect of such drawing);
provided that the Borrower may, subject to the conditions to borrowing set forth herein,
request in accordance with Section 2.2(b), that such reimbursement payment be financed with a Base
Rate Revolving Borrowing and, to the extent so financed, the Borrower’s obligation to make such
reimbursement payment shall be discharged and replaced by the resulting Base Rate Revolving
Borrowing.

          (e) Revolving Lenders’ Participations in Letters of Credit. Immediately upon the
issuance of any Letter of Credit, each Revolving Lender shall be deemed to have purchased from the
applicable Issuing Bank, and agrees to fund as set forth herein, a participation in such Letter of
Credit and any drawings honored thereunder in an amount equal to such Revolving Lender’s Pro Rata
Share of the maximum amount that is or at any time may become available to be drawn under such
Letter of Credit. In the event that the Borrower shall fail for any reason to reimburse the
applicable Issuing Bank for any drawing under a Letter of Credit as provided in Section 2.3(d),
such Issuing Bank shall promptly notify the Administrative Agent thereof and of the unreimbursed
amount of such honored drawing and, promptly upon receipt of such notice, the Administrative Agent
shall notify each Revolving Lender of the details of such notice and of such Revolving Lender’s Pro
Rata Share of such unreimbursed amount. Each Revolving Lender shall make available to the
applicable Issuing Bank an amount equal to such Revolving Lender’s Pro Rata Share of such
unreimbursed amount, in Dollars in same day funds, at the office of such Issuing Bank specified in
such notice, not later than 12:00 noon (New York City time) on the first business day (under the
laws of the jurisdiction in which such office of the Issuing Bank is

52

 

located) after the date notified by such Issuing Bank. In the event that any Revolving Lender
fails to make available to the applicable Issuing Bank on such business day the amount of such
Lender’s participation in such Letter of Credit as provided in this Section 2.3(e), such Issuing
Bank shall be entitled to recover such amount on demand from such Lender, together with interest
thereon for three Business Days at the rate customarily used by such Issuing Bank for the
correction of errors among banks and thereafter at the Base Rate. Nothing in this Section 2.3(e)
shall be deemed to prejudice the right of any Revolving Lender to recover from the applicable
Issuing Bank any amounts made available by such Lender to such Issuing Bank pursuant to this
Section 2.3(e) in the event that the honoring of a drawing under a Letter of Credit in respect of
which payment was made by such Revolving Lender constituted gross negligence or willful misconduct
on the part of such Issuing Bank, as determined by a final, non-appealable judgment of a court of
competent jurisdiction. In the event the applicable Issuing Bank shall have been reimbursed by the
Revolving Lenders pursuant to this Section 2.3(e) for all or any portion of any drawing honored by
such Issuing Bank under a Letter of Credit, such Issuing Bank shall distribute to each Revolving
Lender that has paid all amounts payable by it under this Section 2.3(e) with respect to such
honored drawing such Revolving Lender’s Pro Rata Share of all payments subsequently received by
such Issuing Bank by or on behalf of the Borrower in reimbursement of such honored drawing when
such payments are received.

          (f) Obligations Absolute. The obligation of the Borrower to reimburse the applicable
Issuing Bank for drawings honored under the Letters of Credit issued by it and the obligations of
the Revolving Lenders under Section 2.3(e) shall be unconditional and irrevocable and shall be paid
and performed strictly in accordance with the terms hereof under all circumstances, notwithstanding
(i) any lack of validity or enforceability of any Letter of Credit, (ii) the existence of any
claim, set-off, defense or other right that the Borrower or any Lender may have at any time against
any beneficiary or any transferee of any Letter of Credit (or any Persons for whom any such
transferee may be acting), the applicable Issuing Bank, any Lender or any other Person or, in the
case of any Lender, against the Borrower, whether in connection herewith, the transactions
contemplated herein or any unrelated transaction (including any underlying transaction between the
Borrower or any of its Subsidiaries and the beneficiary for which any Letter of Credit was
procured), (iii) any draft or other document presented under any Letter of Credit proving to be
forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or
inaccurate in any respect, (iv) payment by the applicable Issuing Bank under any Letter of Credit
against presentation of a draft or other document that does not substantially comply with the terms
of such Letter of Credit, (v) any adverse change in the business, results of operations, assets,
liabilities or condition (financial or otherwise) of Holdings or any Subsidiary, (vi) any breach
hereof or any other Credit Document by any party thereto, (vii) the fact that a Default or an Event
of Default shall have occurred and be continuing or (viii) any other event or condition whatsoever,
whether or not similar to any of the foregoing; provided, in each case, that honoring of a
drawing by the applicable Issuing Bank under the applicable Letter of Credit shall not have
constituted gross negligence or willful misconduct of such Issuing Bank, as determined by a final,
non-appealable judgment of a court of competent jurisdiction.

          (g) Indemnification. Without duplication of any obligation of the Borrower under
Section 10.2 or 10.3, in addition to amounts payable as provided therein, the Borrower hereby
agrees to protect, indemnify, pay and hold harmless each Issuing Bank from and against

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any and all claims, demands, liabilities, damages, losses, costs, charges and expenses
(including the reasonable fees, expenses and other charges of counsel) that such Issuing Bank may
incur or be subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of
Credit by such Issuing Bank, other than as a result of (A) the gross negligence or willful
misconduct of such Issuing Bank or (B) the wrongful dishonor by such Issuing Bank of a proper
demand for payment made under any Letter of Credit, in each case, as determined by a final,
non-appealable judgment of a court of competent jurisdiction, or (ii) the failure of such Issuing
Bank to honor a drawing under any Letter of Credit as a result of any Governmental Act. For the
avoidance of doubt, this Section 2.3(g) shall not apply to any Taxes.

          (h) Issuing Bank Reports to the Administrative Agent. Unless otherwise agreed by the
Administrative Agent, each Issuing Bank shall, in addition to its notification obligations set
forth elsewhere in this Section 2.3, report in writing to the Administrative Agent (i) periodic
activity (for such period or recurrent periods as shall be requested by the Administrative Agent)
in respect of Letters of Credit issued by such Issuing Bank, including all issuances, extensions,
amendments and renewals, all expirations and cancelations and all disbursements and reimbursements,
(ii) reasonably prior to the time that such Issuing Bank issues, amends, renews or extends any
Letter of Credit, the date of such issuance, amendment, renewal or extension, and the face amount
of the Letters of Credit issued, amended, renewed or extended by such Issuing Bank and outstanding
after giving effect to such issuance, amendment, renewal or extension (and whether the amounts
thereof shall have changed), (iii) on each day on which such Issuing Bank honors any drawing under
any Letter of Credit, the date and amount of the drawing so honored, (iv) on any Reimbursement Date
on which the Borrower fails to reimburse any drawing under a Letter of Credit as required
hereunder, the date of such failure and the amount of such unreimbursed drawing and (v) on any
other Business Day, such other information as the Administrative Agent shall reasonably request as
to the Letters of Credit.

          (i) Termination of any Issuing Bank; Designation of Additional Issuing Banks.

     (i) The Borrower may terminate the appointment of any Issuing Bank as an “Issuing
Bank” hereunder by providing written notice thereof to such Issuing Bank, with a copy to the
Administrative Agent. Any such termination shall become effective upon the earlier of (i)
such Issuing Bank acknowledging receipt of such notice and (ii) the 10th Business Day
following the date of the delivery thereof; provided that no such termination shall
become effective until and unless the Letter of Credit Usage attributable to Letters of
Credit issued by such Issuing Bank shall have been reduced to zero. At the time any such
termination shall become effective, the Borrower shall pay all unpaid fees accrued for the
account of the terminated Issuing Bank pursuant to Section 2.10(b). Notwithstanding the
effectiveness of any such termination, the terminated Issuing Bank shall continue to have
all the rights of an Issuing Bank under this Agreement with respect to Letters of Credit
issued by it prior to such termination, but shall not issue any additional Letters of
Credit.

     (ii) The Borrower may, at any time and from time to time, with the consent of the
Administrative Agent (which consent shall not be unreasonably withheld or delayed),
designate as additional Issuing Banks one or more Revolving Lenders that agree to serve in
such capacity as provided below. The acceptance by a Revolving Lender of an

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appointment as an Issuing Bank hereunder shall be evidenced by an agreement, which
shall be in form and substance reasonably satisfactory to the Administrative Agent, executed
by Holdings, the Borrower, the Administrative Agent and such designated Revolving Lender
and, from and after the effective date of such agreement, (i) such Revolving Lender shall
have all the rights and obligations of an Issuing Bank under this Agreement and (ii)
references herein to the term “Issuing Bank” shall be deemed to include such Revolving
Lender in its capacity as an issuer of Letters of Credit hereunder.

          2.4. Pro Rata Shares; Availability of Funds. (a) Pro Rata Shares. All Loans on the
occasion of any Borrowing shall be made, and all participations in Letters of Credit shall be
purchased, by the Lenders proportionately to their respective Pro Rata Shares, it being understood
that (i) no Lender shall be responsible for any default by any other Lender in such other Lender’s
obligation to make a Loan requested hereunder or purchase a participation required hereby and (ii)
no Term Loan Commitment or any Revolving Commitment of any Lender shall be increased or decreased
as a result of a default by any other Lender in such other Lender’s obligation to make a Loan
requested hereunder or purchase a participation required hereby.

          (b) Availability of Funds. Unless the Administrative Agent shall have been notified
by a Lender prior to the applicable Credit Date that such Lender does not intend to make available
to the Administrative Agent the amount of such Lender’s Loan requested on such Credit Date, the
Administrative Agent may assume that such Lender has made such amount available to the
Administrative Agent on such Credit Date and may, in its sole discretion, but shall not be
obligated to, make available to the Borrower a corresponding amount on such Credit Date. In such
event, if a Lender has not in fact made the amount of such Lender’s Loan requested on such Credit
Date available to the Administrative Agent, then such Lender and the Borrower severally agree to
pay to the Administrative Agent forthwith on demand, such corresponding amount with interest
thereon, for each day from and including the date such amount is made available to the Borrower to
but excluding the date of such payment to the Administrative Agent, (i) in the case of a payment to
be made by such Lender, (A) at any time prior to the third Business Day following the date such
amount is made available to the Borrower, the customary rate set by the Administrative Agent for
the correction of errors among banks and (B) thereafter, at the Base Rate or (ii) in the case of a
payment to be made by the Borrower, at the interest rate applicable hereunder to Base Rate Loans of
the applicable Class. If such Lender pays such amount to the Administrative Agent, then such
amount shall constitute such Lender’s Loan included in the applicable Borrowing.

          2.5. Use of Proceeds. The Borrower shall use the proceeds of the Tranche B Term Loans to
finance the Coffeyville Resources Distribution and for capital expenditures, working capital
requirements and general business purposes of Holdings and the Subsidiaries. The Borrower shall
use the proceeds of the Revolving Loans for capital expenditures, working capital requirements and
general business purposes of Holdings and the Subsidiaries; provided that no portion of the
proceeds of any Revolving Loan may be used to directly finance any Restricted Payment. Letters of
Credit may be requested by the Borrower solely for general business purposes of Holdings and the
Subsidiaries. The Borrower shall use the proceeds of any Incremental Term Loans solely to finance
Permitted Acquisitions or Investments permitted hereunder. The Borrower agrees that no portion of
the proceeds of any Loan will be used in any

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manner that entails a violation (including on the part of any Lender) of any regulation of the
Board of Governors, including Regulations T, U and X, or of the Exchange Act.

          2.6. Evidence of Debt; Register; Notes. (a) Lenders’ Evidence of Debt. Each
Lender shall maintain records evidencing the Obligations of the Borrower owing to such Lender,
including the principal amounts of the Loans made by such Lender and each repayment and prepayment
in respect thereof. Such records maintained by any Lender shall be conclusive and binding on the
Borrower, absent manifest error; provided that the failure to maintain any such records, or
any error therein, shall not in any manner affect the obligation of the Borrower to pay any amounts
due hereunder in accordance with the terms of this Agreement; provided further that
in the event of any inconsistency between the records maintained by any Lender and the records
maintained by the Administrative Agent, the records maintained by the Administrative Agent shall
govern and control.

          (b) Register. The Administrative Agent shall maintain at one of its offices records
of the name and address of, and the Commitments of and the amounts of principal of and interest on
the Loans owing to, each Lender from time to time (the “Register”). The entries in the Register
shall be conclusive and binding on the Borrower and each Lender, absent manifest error;
provided that the failure to maintain the Register, or any error in the recordations
therein, shall not in any manner affect the obligation of any Lender to make a Loan hereunder or
the obligation of the Borrower to pay any amounts due hereunder, in each case in accordance with
the terms of this Agreement. The Register shall be available for inspection by the Borrower or any
Lender (but only with respect to any entry relating to such Lender’s Commitments or Loans) at any
reasonable time and from time to time upon reasonable prior notice. The Borrower hereby designates
the Person serving as the Administrative Agent to serve as the Borrower’s agent solely for purposes
of maintaining the Register as provided in this Section 2.6 and agrees that, to the extent such
Person serves in such capacity, such Person and its Related Parties shall constitute “Indemnitees”.

          (c) Notes. Upon request of any Lender by written notice to the Borrower (with a copy
to the Administrative Agent) at least two Business Days prior to the Closing Date, or promptly
following the request of any Lender at any time thereafter, the Borrower shall prepare, execute and
deliver to such Lender a Note to evidence such Lender’s Loans of any Class.

          2.7. Interest on Loans and Letter of Credit Disbursements. (a) Subject to Section 2.9, each
Loan of any Class shall bear interest on the outstanding principal amount thereof from the date
made through repayment (whether by acceleration or otherwise) thereof as follows:

     (i) if a Base Rate Loan, at the Base Rate plus the Applicable Margin with respect to
Loans of such Class; or

     (ii) if a Eurodollar Rate Loan, at the Adjusted Eurodollar Rate plus the Applicable
Margin with respect to Loans of such Class.

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The applicable Base Rate or Adjusted Eurodollar Rate shall be determined by the Administrative
Agent, and such determination shall be conclusive and binding on the parties hereto, absent
manifest error.

          (b) The basis for determining the rate of interest with respect to any Loan, and the Interest
Period with respect to any Eurodollar Rate Borrowing, shall be selected by the Borrower pursuant to
the applicable Funding Notice or Conversion/Continuation Notice delivered in accordance herewith;
provided that all Loans made on the Closing Date shall be made as Base Rate Loans;
provided further that there shall be no more than five (or such greater number as
may be agreed to by the Administrative Agent) Eurodollar Rate Borrowings outstanding at any time.
In the event the Borrower fails to specify in any Funding Notice the Type of the requested
Borrowing, then the requested Borrowing shall be made as a Base Rate Borrowing. In the event the
Borrower fails to deliver in accordance with Section 2.8 a Conversion/Continuation Notice with
respect to any Eurodollar Rate Borrowing prior to the end of the Interest Period applicable
thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest
Period such Borrowing shall be converted into a Base Rate Borrowing. In the event the Borrower
requests the making of, or the conversion to or continuation of, any Eurodollar Rate Borrowing but
fails to specify in the Funding Notice or the applicable Conversion/Continuation Notice the
Interest Period to be applicable thereto, the Borrower shall be deemed to have specified an
Interest Period of one month. No Borrowing of any Class may be converted into a Borrowing of
another Class.

          (c) Interest on Loans shall accrue on a daily basis and shall be computed (i) in the case of
Base Rate Loans on the basis of a year of 365 days (or 366 days in a leap year) and (ii) in the
case of Eurodollar Rate Loans, on the basis of a year of 360 days, in each case for the actual
number of days elapsed in the period during which it accrues. In computing interest on any Loan,
the date of the making of such Loan or the first day of an Interest Period applicable to such Loan
or, with respect to a Base Rate Loan being converted from a Eurodollar Rate Loan, the date of
conversion of such Eurodollar Rate Loan to such Base Rate Loan, as the case may be, shall be
included, and the date of payment of such Loan or the expiration date of an Interest Period
applicable to such Loan or, with respect to a Base Rate Loan being converted to a Eurodollar Rate
Loan, the date of conversion of such Base Rate Loan to such Eurodollar Rate Loan, as the case may
be, shall be excluded; provided that if a Loan is repaid on the same day on which it is
made, one day’s interest shall accrue on such Loan.

          (d) Except as otherwise set forth herein, accrued interest on each Loan shall be payable in
arrears (i) on each Interest Payment Date applicable to such Loan, (ii) upon any voluntary or
mandatory repayment or prepayment of such Loan (other than any voluntary prepayment of any Base
Rate Revolving Loan), to the extent accrued on the amount being repaid or prepaid, (iii) if such
Loan is a Revolving Loan, upon termination of the Revolving Commitments and (iv) on the Maturity
Date applicable to such Loan.

          (e) The Borrower agrees to pay to each Issuing Bank, with respect to drawings honored under
any Letter of Credit issued by such Issuing Bank, interest on the amount paid by such Issuing Bank
in respect of each such honored drawing from the date such drawing is honored to but excluding the
date such amount is reimbursed by or on behalf of the Borrower at a rate equal to (i) for the
period from the date such drawing is honored to but excluding the

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applicable Reimbursement Date, the rate of interest otherwise payable hereunder with respect
to Base Rate Revolving Loans and (ii) thereafter, the rate determined in accordance with Section
2.9. Interest payable pursuant to this Section 2.7(e) shall be computed on the basis of a year of
365 days (or 366 days in a leap year) for the actual number of days elapsed in the period during
which it accrues, and shall be payable on demand or, if no demand is made, on the date on which the
related drawing under a Letter of Credit is reimbursed in full. In the event the applicable
Issuing Bank shall have been reimbursed by the Revolving Lenders for all or any portion of such
honored drawing, such Issuing Bank shall distribute to each Revolving Lender that has paid all
amounts payable by it under Section 2.3(e) with respect to such honored drawing such Revolving
Lender’s Pro Rata Share of any interest received by such Issuing Bank in respect of that portion of
such honored drawing so reimbursed by the Revolving Lenders for the period from the date on which
such Issuing Bank was so reimbursed by the Revolving Lenders to but excluding the date on which
such portion of such honored drawing is reimbursed by the Borrower.

          2.8. Conversion/Continuation. (a) Subject to Sections 2.7 and 2.17, the Borrower shall have
the option:

     (i) to convert at any time all or any part of any Borrowing from one Type to the other
Type; or

     (ii) to continue, at the end of the Interest Period applicable to any Eurodollar Rate
Borrowing, all or any part of such Borrowing as a Eurodollar Rate Borrowing and to elect an
Interest Period therefor;

provided, in each case, that at the commencement of each Interest Period for any
Eurodollar Rate Borrowing, such Borrowing shall be in an aggregate amount that complies with
Section 2.1(b) or 2.2(b), as applicable.

In the event any Borrowing shall have been converted or continued in accordance with this Section
2.8 in part, such conversion or continuation shall be allocated ratably, in accordance with their
respective Pro Rata Shares, among the Lenders holding the Loans comprising such Borrowing, and the
Loans comprising each part of such Borrowing resulting from such conversion or continuation shall
be considered a separate Borrowing.

          (b) To exercise its option pursuant to this Section 2.8, the Borrower shall deliver a fully
completed and executed Conversion/Continuation Notice to the Administrative Agent no later than
1:00 p.m. (New York City time) at least (i) one Business Day in advance of the proposed
Conversion/Continuation Date, in the case of a conversion to a Base Rate Borrowing, and (ii) three
Business Days in advance of the proposed Conversion/Continuation Date, in the case of a conversion
to, or a continuation of, a Eurodollar Rate Borrowing. In lieu of delivering a
Conversion/Continuation Notice, the Borrower may give the Administrative Agent telephonic notice by
the required time of any proposed conversion/continuation; provided that such telephonic
notice shall be promptly confirmed in writing by delivery of a fully completed and executed
Conversion/Continuation Notice to the Administrative Agent on or before the close of business on
the date that such telephonic notice is given. In the event of any discrepancy between the
telephonic notice and the written Conversion/Continuation Notice, the written
Conversion/Continuation Notice shall govern and control. Except as otherwise provided herein,

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a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate
Borrowing shall be irrevocable on and after the Interest Rate Determination Date with respect to
the Interest Period requested, or deemed requested, for such Borrowing, and the Borrower shall be
bound to effect a conversion or continuation in accordance therewith.

          (c) Notwithstanding anything to the contrary herein, if an Event of Default shall have
occurred and is continuing, then no outstanding Borrowing may be converted to or continued as a
Eurodollar Rate Borrowing.

          2.9. Default Interest. Notwithstanding anything to the contrary herein, if any principal of
or interest on any Loan or any fee or other amount payable by the Borrower or any other Credit
Party hereunder is not paid when due, whether at stated maturity, upon acceleration or otherwise,
such overdue amount shall bear interest, payable on demand, after as well as before judgment, at a
rate per annum equal to (a) in the case of overdue principal of any Loan, 2% per annum in excess of
the interest rate otherwise applicable hereunder to such Loan or (b) in the case of any other
overdue amount, at a rate (computed on the basis of a year of 360 days for the actual number of
days elapsed) that is 2% per annum in excess of the interest rate otherwise payable hereunder for
Base Rate Revolving Loans. Payment or acceptance of the increased rates of interest provided for
in this Section 2.9 is not a permitted alternative to timely payment and shall not constitute a
waiver of any Event of Default or otherwise prejudice or limit any rights or remedies of the
Administrative Agent or any Lender.

          2.10. Fees. (a) The Borrower agrees to pay to each Revolving Lender for each day:

     (i) a commitment fee equal to such Revolving Lender’s Pro Rata Share of (A) the
average of the difference on such day between (1) the total Revolving Commitments and (2)
the aggregate principal amount of all outstanding Revolving Loans and the Letter of Credit
Usage, multiplied by (B) 0.50% per annum; and

     (ii) a letter of credit fee equal to such Revolving Lender’s Pro Rata Share of (A) the
maximum amount available to be drawn under all Letters of Credit outstanding on such day
(regardless of whether any conditions for drawing could then be met and determined as of the
close of business on such day), multiplied by (B) the Applicable Margin for Eurodollar Rate
Revolving Loans on such day.

All fees referred to in this Section 2.10(a) shall be paid to the Administrative Agent by wire
transfer of same day funds in Dollars to the account of the Administrative Agent most recently
designated by it for such purpose by notice to the Borrower and, upon receipt, the Administrative
Agent shall promptly distribute to each Revolving Lender its Pro Rata Share thereof.

          (b) The Borrower agrees to pay directly to each Issuing Bank, for its own account, the
following fees:

     (i) for each day, a fronting fee equal to a rate per annum agreed to between the
Borrower and such Issuing Bank multiplied by the maximum amount available to be drawn under
all Letters of Credit issued by such Issuing Bank outstanding on such day

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(regardless of whether any conditions for drawing could then be met and determined as
of the close of business on any such day); and

     (ii) such documentary and processing charges for any issuance, amendment, transfer or
payment of a Letter of Credit as are in accordance with such Issuing Bank’s standard
schedule for such charges and as in effect at the time of such issuance, amendment, transfer
or payment, as the case may be.

          (c) All fees referred to in Sections 2.10(a) and 2.10(b)(i) shall be calculated on the basis
of a year of 360 days and the actual number of days elapsed and shall be payable quarterly in
arrears on March 31, June 30, September 30 and December 31 of each year (i) in the case of the fees
referred to in Section 2.10(a)(i), during the Revolving Commitment Period and (ii) in the case of
the fees referred to in Section 2.10(a)(ii) or 2.10(b)(i), during the period from and including the
Closing Date to but excluding the later of the Revolving Commitment Termination Date and the date
on which the total Letter of Credit Usage shall have been reduced to zero; provided that
all such fees shall be payable on the Revolving Commitment Termination Date and any such fees
accruing after such date shall be payable on demand.

          (d) The Borrower agrees to pay on the Closing Date to each Lender party hereto as a Lender on
the Closing Date a closing fee in an amount equal to (i) 1.25% of such Lender’s Tranche B Term Loan
Commitment and (ii) 1.25% of such Lender’s Revolving Commitment, in each case as of the Closing
Date, payable to such Lender from the proceeds of the Loans as and when funded on the Closing Date.
Such closing fee will be in all respects fully earned, due and payable on the Closing Date and
non-refundable and non-creditable thereafter.

          (e) The Borrower agrees to pay to the Administrative Agent and the Collateral Agent such
other fees in the amounts and at the times as shall have been separately agreed upon in respect of
the credit facilities provided herein.

          2.11. Repayment on Maturity Date. (a) To the extent not previously paid, all Tranche B Term
Loans shall be due and payable on the Tranche B Term Loan Maturity Date.

          (b) The Borrower shall repay Incremental Term Borrowings with respect to Incremental Term
Loans of any Series on each date and in the aggregate principal amount set forth in the applicable
Incremental Facility Agreement. To the extent not previously paid, all Incremental Term Loans of
any Series shall be due and payable on the Incremental Term Loan Maturity Date with respect to such
Incremental Term Loans.

          (c) The Borrower shall repay the then unpaid principal amount of each Revolving Loan on the
Revolving Maturity Date.

          2.12. Voluntary Prepayments/Commitment Reductions. (a) Voluntary Prepayments.

     (i) At any time and from time to time, the Borrower may, without premium or penalty
but subject to compliance with the conditions set forth in this Section 2.12(a) and Section
2.17(c), prepay any Borrowing on any Business Day in whole or in part; provided

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that each such partial voluntary prepayment of any Borrowing shall be in an aggregate
minimum principal amount of $5,000,000 and integral multiples of $1,000,000 in excess of
such amount.

     (ii) To make a voluntary prepayment pursuant to Section 2.12(a)(i), the Borrower shall
notify the Administrative Agent not later than 12:00 noon (New York City time) (A) at least
one Business Day prior to the date of prepayment, in the case of prepayment of Base Rate
Borrowings, or (B) at least three Business Days prior to the date of prepayment, in the case
of prepayment of Eurodollar Rate Borrowings. Each such notice shall specify the prepayment
date (which shall be a Business Day) and the principal amount of each Borrowing or portion
thereof to be prepaid, and may be given by telephone or in writing (and, if given by
telephone, shall promptly be confirmed in writing). Each such notice shall be irrevocable,
and the principal amount of each Borrowing specified therein shall become due and payable on
the prepayment date specified therein; provided that a notice of prepayment of
Borrowings pursuant to Section 2.12(a)(i) may state that such notice is conditioned upon the
occurrence of one or more events specified therein, in which case such notice may be revoked
by the Borrower (by notice to the Administrative Agent on or prior to the specified date of
prepayment) if such condition is not satisfied. Promptly following receipt of any such
notice, the Administrative Agent shall advise the Lenders of the applicable Class of the
details thereof.

          (b) Voluntary Commitment Reductions.

     (i) At any time and from time to time, the Borrower may, without premium or penalty
but subject to compliance with the conditions set forth in this Section 2.12(b), terminate
in whole or permanently reduce in part the Revolving Commitments in an amount up to the
amount by which the total Revolving Commitments exceed the Total Utilization of Revolving
Commitments at the time of such proposed termination or reduction; provided that
each such partial reduction of the Revolving Commitments shall be in an aggregate minimum
amount of $5,000,000 and integral multiples of $1,000,000 in excess of such amount.

     (ii) To make a voluntary termination or reduction of the Revolving Commitments
pursuant to Section 2.12(b)(i), the Borrower shall notify the Administrative Agent not later
than 12:00 noon (New York City time) at least three Business Days prior to the date of
effectiveness of such termination or reduction. Each such notice shall specify the
termination or reduction date (which shall be a Business Day) and the amount of any partial
reduction, and may be given by telephone or in writing (and, if given by telephone, shall
promptly be confirmed in writing). Each such notice shall be irrevocable, and the
termination or reduction of the Revolving Commitments specified therein shall become
effective on the date specified therein and shall reduce the Revolving Commitment of each
Lender by its Pro Rata Share thereof; provided that a notice of termination or
reduction of the Revolving Commitments under Section 2.12(b)(i) may state that such notice
is conditioned upon the occurrence of one or more events specified therein, in which case
such notice may be revoked by the Borrower (by notice to the Administrative Agent on or
prior to the specified effective date) if such

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condition is not satisfied. Promptly following receipt of any such notice, the
Administrative Agent shall advise the Revolving Lenders of the details thereof.

          (c) Term Loan Prepayment Auctions. Notwithstanding anything to the contrary
contained in this Section 2.12 or any other provision of this Agreement, the Borrower may, without
premium or penalty, prepay outstanding Term Loans on the following basis:

     (i) The Borrower may conduct one or more auctions (each, an “Auction”) to prepay all
or any portion of the Term Loans of any Class at, for each dollar of the principal amount of
such Term Loans discharged and satisfied as a result of such prepayment, a discount thereto
by providing written notice to the Administrative Agent (for distribution to the Term
Lenders of such Class) identifying the Class of the Term Loans that will be the subject of
the Auction (an “Auction Notice”). Each Auction Notice shall be in a form reasonably
acceptable to the Administrative Agent and shall specify (A) the total cash value of the
prepayment amount bid, in a minimum amount of $10,000,000 and with minimum increments of
$1,000,000 (the “Auction Amount”), and (B) the discount to par, which shall be a range (the
“Discount Range”) of percentages of the par principal amount of the Term Loans of such Class
that represents the amount that could be paid in the Auction for each dollar of the
principal amount of the Term Loans of such Class discharged and satisfied as a result of
such prepayment. It is understood that concurrent Auctions may be conducted with respect to
two or more Classes of Term Loans, and the Discount Range applicable to any such Auction may
differ from the Discount Range applicable to any other such Auction.

     (ii) In connection with any Auction, each Term Lender of the applicable Class may, in
its discretion, participate in such Auction and may provide the Administrative Agent with a
notice of participation (the “Return Bid”), which shall be in a form reasonably acceptable
to the Administrative Agent and shall specify (A) a discount to par (the “Reply Discount”),
which must be expressed as a percentage and must be within the Discount Range applicable to
such Auction, that such Term Lender is willing to accept in such Auction and (y) the par
principal amount of such Term Lender’s Term Loans of such Class that such Term Lender is
willing to have prepaid in such Auction, which must be in increments of $1,000,000 or in an
amount equal to such Term Lender’s entire principal amount of such Term Loans (the “Reply
Amount”). A Term Lender may only submit one Return Bid in an Auction.

     (iii) Based on the Reply Discounts and Reply Amounts received by the Administrative
Agent for any Auction, the Administrative Agent, in consultation with the Borrower, will
determine the applicable discount (the “Applicable Discount”) for such Auction, which shall
be the lowest Reply Discount for which the Borrower can complete the Auction at the Auction
Amount; provided that, in the event that the Reply Amounts are insufficient to allow
the Borrower to complete such Auction at the entire Auction Amount therefor (any such
Auction, a “Failed Auction”), the Borrower shall either, in its discretion, (A) withdraw
such Auction or (B) complete such Auction at an Applicable Discount equal to the highest
Reply Discount. On the date therefor specified in the Auction Notice with respect to such
Auction, the Borrower shall prepay Term Loans subject to such Auction of each Term Lender
participating in such Auction that specified

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a Reply Discount that is equal to or greater than the Applicable Discount (“Qualifying
Bids”), such prepayment to be made at the Applicable Discount for each dollar of the par
principal amount of such Term Loans discharged and satisfied as a result of such prepayment
(with the amount so discharged and satisfied as a result of such prepayment being, for the
avoidance of doubt, the full par principal amount of such Term Loans); provided that
if the total cash value of the prepayment amount required to prepay all such Term Loans
would exceed the Auction Amount for such Auction, the Borrower shall so prepay such Term
Loans ratably among such Term Lenders based on the principal amounts of such Qualifying Bids
(subject to rounding requirements specified by the Administrative Agent). Each
participating Term Lender will receive notice of a Qualifying Bid as soon as reasonably
practicable but in no case later than five Business Days from the date the Return Bid was
due.

     (iv) Once any Return Bids have been received by the Administrative Agent, the Borrower
may not withdraw an Auction other than in the case of a Failed Auction. Upon submission by
a Term Lender of a Qualifying Bid in any Auction, such Term Lender (each, a “Qualifying
Lender”) will be obligated to accept a prepayment at the Applicable Discount of the entirety
or its allocable portion of the applicable Reply Amount. To the extent not otherwise
provided in this Section 2.12(c), each Auction shall be consummated pursuant to procedures
(including as to timing and notice) reasonably acceptable to the Administrative Agent. Any
prepayment of Term Loans of any Class pursuant to this Section 2.12(c) shall be allocated
among the Term Borrowings of such Class in a manner that would result in each Qualifying
Lender’s remaining Term Loans of such Class being included in each Term Borrowing of such
Class in accordance with its applicable Pro Rata Share. Prepayments of Term Loans pursuant
to this Section 2.12(c) shall be accompanied by accrued and unpaid interest thereon
(determined on the full par principal amount thereof). Prepayments of Term Loans pursuant
to this Section 2.12(c) shall not be subject to the provisions of Sections 2.15, 2.16 and
2.17(c). In connection with any prepayment of Term Loans pursuant to this Section 2.12(c),
the Administrative Agent is authorized to make appropriate entries in the Register to
reflect discharge and satisfaction of the par principal amount of the Term Loans prepaid
notwithstanding the prepayment thereof at the Applicable Discount.

     (v) Any prepayment of Term Loans pursuant to this Section 2.12(c) shall be subject to
the following conditions: (A) the applicable Auction is open to all Term Lenders of the
applicable Class on a pro rata basis, (B) at the time of delivery of the applicable Auction
Notice and at the time of, and after giving effect to, such prepayment, no Default or Event
of Default shall have occurred and be continuing, (C) at the time of delivery of the
applicable Auction Notice and at the time of such prepayment, Holdings and the Borrower
shall represent and warrant that neither Holdings nor any Subsidiary is in possession of any
information regarding Holdings or any Subsidiary, their assets or ability to perform the
Obligations or any other matter that may be material to a decision by any Lender to
participate in an Auction, in each case that has not previously been disclosed to the
Administrative Agent and the Lenders (with each Qualifying Lender that shall have determined
for itself not to access any information so disclosed to the Lenders acknowledging that (1)
other Lenders may have availed themselves of such information and (2) none of Holdings, any
Subsidiary or the Administrative Agent has any

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responsibility for such Qualifying Lender’s decision to limit the scope of the
information it has obtained in connection with its decision to participate in such Auction)
and (E) the Borrower shall not directly use the proceeds of Revolving Loans to make such
prepayment. In connection with any Auction, the Administrative Agent may request one or
more certificates of any Authorized Officer of Holdings and the Borrower as to the
satisfaction of the conditions set forth in this paragraph.

          2.13. Mandatory Prepayments. (a) Asset Sales; Condemnation Events. No later than
the first Business Day following the date of receipt by Holdings or any Subsidiary of any Net
Proceeds in respect of any Asset Sale or Condemnation Event, the Borrower shall prepay the Term
Borrowings in an aggregate amount equal to such Net Proceeds; provided that, so long as no
Default or Event of Default shall have occurred and be continuing, the Borrower may, prior to the
date of the required prepayment, deliver to the Administrative Agent a certificate of an Authorized
Officer of the Borrower to the effect that the Borrower intends to cause such Net Proceeds (or a
portion thereof specified in such certificate) to be reinvested in long-term productive assets
useful in the business of the Borrower and its Subsidiaries within 365 days after the receipt of
such Net Proceeds (or within 180 days following the end of such 365-day period if a binding
agreement so to reinvest such Net Proceeds is entered into within such 365-day period), and
certifying that, as of the date thereof, no Default or Event of Default has occurred and is
continuing, in which case the Borrower may so reinvest such Net Proceeds within such period;
provided further that any such Net Proceeds that are not so reinvested by the end
of such 365-day period (as such period may be extended as set forth above) shall be applied to
prepay the Term Borrowings promptly upon the expiration of such period. Any amount referred to in
any such certificate shall, pending reinvestment as provided in such certificate or application to
prepay the Term Borrowings, be, at the option of the Borrower, (x) held in a Deposit Account of the
Borrower that is subject to a Control Agreement in favor of the Collateral Agent or (y) applied to
prepay outstanding Revolving Loans (in which case an amount of the Revolving Commitments equal to
the amount of the proceeds so applied shall be restricted and not available for Credit Extensions
to the Borrower other than Borrowings the proceeds of which are promptly reinvested in accordance
with, or applied to prepay Term Borrowings as contemplated by, this paragraph).

          (b) Insurance Events. In the event any Insurance Event shall occur, the terms set
forth on Schedule 2.13 shall apply with respect thereto and the Net Proceeds thereof, and Holdings
and the Subsidiaries shall comply with their obligations set forth on such Schedule.

          (c) Issuance of Debt. On the date of receipt by Holdings or any Subsidiary of any
Net Proceeds from the incurrence of any Indebtedness (other than any Indebtedness permitted to be
incurred pursuant to Section 6.1), the Borrower shall prepay the Term Borrowings in an aggregate
amount equal to 100% of such Net Proceeds.

          (d) Revolving Borrowings. The Borrower shall from time to time prepay the Revolving
Borrowings (and cause the Letter of Credit Usage to be reduced) to the extent necessary so that the
Total Utilization of Revolving Commitments shall not at any time exceed the total Revolving
Commitments then in effect.

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          (e) Prepayment Notice and Certificate. Prior to any mandatory prepayment pursuant to
this Section 2.13, the Borrower (i) shall notify the Administrative Agent of such prepayment and
(ii) shall deliver to the Administrative Agent a certificate of an Authorized Officer of the
Borrower demonstrating the calculation of the amount of the applicable prepayment. Each such
notice shall specify the prepayment date and the principal amount of each Borrowing or portion
thereof to be prepaid (with such specification to be in accordance with Section 2.15), and may be
given by telephone or in writing (and, if given by telephone, shall promptly be confirmed in
writing). Promptly following receipt of any such notice, the Administrative Agent shall advise the
Lenders of the applicable Class of the details thereof. In the event that the Borrower shall
subsequently determine that the actual amount received exceeded the amount set forth in such
certificate, the Borrower shall promptly make an additional prepayment of the Term Borrowings, and
the Borrower shall concurrently therewith deliver to the Administrative Agent a certificate of an
Authorized Officer of the Borrower demonstrating the derivation of such excess.

          2.14. Application of Prepayments. Any prepayment of Term Borrowings pursuant to Section
2.13(a) in the event Term Borrowings of more than one Class shall be outstanding at the time, shall
be allocated between each such Class of Term Borrowings on a pro rata basis (in accordance with the
aggregate principal amount of outstanding Borrowings of each such Class), provided that the
amounts so allocable to Incremental Term Loans of any Series may be applied to other Term
Borrowings as provided in the applicable Incremental Facility Agreement, and (b) in the case of
Term Borrowings of any Class providing for scheduled repayments thereof pursuant to Section 2.11,
shall be applied ratably to reduce the subsequent scheduled repayments thereof required to be made
pursuant to Section 2.11 (in accordance with the principal amounts of such scheduled repayments).

          2.15. General Provisions Regarding Payments. (a) All payments by the Borrower or any other
Credit Party of principal, interest, fees and other amounts required to be made hereunder or under
any other Credit Document shall be made by wire transfer of same day funds in Dollars, without
defense, recoupment, setoff or counterclaim, free of any restriction or condition, to the account
of the Administrative Agent most recently designated by it for such purpose and delivered to the
Administrative Agent not later than 1:00 p.m. (New York City time) on the date due for the account
of the Persons entitled thereto; provided that payments required to be made directly to an
Issuing Bank shall be so made and payments made pursuant to Sections 2.17(c), 2.18, 2.19(f), 10.2
and 10.3 shall be made directly to the Persons entitled thereto.

          (b) All payments in respect of the principal amount of any Loan (other than voluntary
prepayments of Base Rate Revolving Loans) shall be accompanied by payment of accrued interest on
the principal amount being repaid or prepaid, and all such payments (and, in any event, any
payments in respect of any Loan on a date when interest is due and payable with respect to such
Loan) shall be applied to the payment of interest then due and payable before application to
principal.

          (c) The Administrative Agent shall promptly distribute to each Lender at such address as such
Lender shall indicate in writing, such Lender’s applicable Pro Rata Share of all payments and
prepayments of principal and interest due hereunder, and all fees and other amounts due to such
Lender hereunder, to the extent received by the Administrative Agent.

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          (d) Notwithstanding the foregoing provisions hereof, if any Conversion/ Continuation Notice
is withdrawn as to any Affected Lender or if any Affected Lender makes Base Rate Loans in lieu of
its Pro Rata Share of any Eurodollar Rate Loans, the Administrative Agent shall give effect thereto
in apportioning payments received thereafter.

          (e) Subject to the proviso set forth in the definition of “Interest Period”, whenever any
payment to be made hereunder with respect to any Loan shall be stated to be due on a day that is
not a Business Day, such payment shall be made on the immediately following Business Day, and such
extension of time shall be included in the computation of the payment of interest hereunder.

          (f) Any payment hereunder by or on behalf of the Borrower that is not received by the
Administrative Agent in same day funds prior to 12:00 noon (New York City time) on the date due
shall be deemed to have been received, for purposes of computing interest and fees hereunder
(including for purposes of determining the applicability of Section 2.9), on the Business Day next
succeeding the date of receipt (or, if later, the Business Day immediately following the date the
funds received become available funds).

          (g) If an Event of Default shall have occurred and the maturity of the Obligations shall have
been accelerated pursuant to Section 8.1, all payments or proceeds received by the Administrative
Agent or the Collateral Agent in respect of any of the Obligations shall be applied in accordance
with the application arrangements described in Section [8.2] of the Pledge and Security Agreement.

          2.16. Ratable Sharing. The Lenders hereby agree among themselves that if any Lender shall,
whether through the exercise of any right of set-off or banker’s lien, by counterclaim or cross
action or by the enforcement of any right under the Credit Documents or otherwise, or as adequate
protection of a deposit treated as cash collateral under the Bankruptcy Code, receive payment or
reduction of a proportion of the aggregate amount of any principal, interest, amounts payable in
respect of Letters of Credit and fees owing to such Lender hereunder or under the other Credit
Documents (collectively, the “Aggregate Amounts Due” to such Lender) resulting in such Lender
receiving payment of a greater proportion of the Aggregate Amounts Due to such Lender than the
proportion received by any other Lender in respect of the Aggregate Amounts Due to such other
Lender, then the Lender receiving such proportionately greater payment shall (a) notify the
Administrative Agent and each other Lender of the receipt of such payment and (b) apply a portion
of such payment to purchase (for cash at face value) participations in the Aggregate Amounts Due to
the other Lenders so that all such payments of Aggregate Amounts Due shall be shared by all the
Lenders ratably in accordance with the Aggregate Amounts Due to them; provided that, if all
or part of such proportionately greater payment received by such purchasing Lender is thereafter
recovered from such Lender upon the bankruptcy or reorganization of the Borrower or otherwise,
those purchases shall be rescinded and the purchase prices paid for such participations shall be
returned to such purchasing Lender ratably to the extent of such recovery, but without interest.
The Borrower expressly consents to the foregoing arrangement and agrees that any holder of a
participation so purchased may exercise any and all rights of banker’s lien, consolidation, set-off
or counterclaim with respect to any and all monies owing by the Borrower to such holder with
respect thereto as fully as if such holder were owed the amount of the participation held by such
holder. The provisions of this

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Section 2.16 shall not be construed to apply to (i) any payment made by the Borrower pursuant
to and in accordance with the express terms of this Agreement (including the application of funds
arising from the existence of a Defaulting Lender) or (ii) any payment obtained by any Lender as
consideration for the assignment of or sale of a participation in any of its Loans or other
Obligations owing to it.

          2.17. Making or Maintaining Eurodollar Rate Loans. (a) Inability to Determine Applicable
Interest Rate. If, on or prior to any Interest Rate Determination Date with respect to any
Interest Period for any Eurodollar Rate Borrowing, the Administrative Agent shall have determined
(which determination shall be conclusive and binding on the parties hereto, absent manifest error)
that by reason of circumstances affecting the London interbank market adequate and fair means do
not exist for ascertaining the Adjusted Eurodollar Rate for such Interest Period, then the
Administrative Agent shall give prompt notice (which may be telephonic) thereof to the Borrower and
each Lender of such determination, whereupon (i) no Loans may be made as, or converted to,
Eurodollar Rate Loans until such time as the Administrative Agent notifies the Borrower and the
Lenders that the circumstances giving rise to such notice no longer exist, and (ii) any Funding
Notice or Conversion/Continuation Notice given by the Borrower with respect to the Loans in respect
of which such determination was made shall be deemed to have been rescinded by the Borrower.

          (b) Illegality or Impracticability of Eurodollar Rate Loans. In the event that on
any date any Lender shall have determined (which determination shall be conclusive and binding upon
all parties hereto) that the making, maintaining or continuation of its Eurodollar Rate Loans (i)
has become unlawful as a result of compliance by such Lender in good faith with any applicable law
(or would conflict with any treaty, governmental rule, regulation, guideline or order not having
the force of law even though the failure to comply therewith would not be unlawful) or (ii) has
become impracticable as a result of contingencies occurring after the date hereof which materially
and adversely affect the London interbank market or the position of such Lender in that market,
then, and in any such event, such Lender shall be an “Affected Lender” and it shall on that day
give notice (by facsimile or by telephone confirmed in writing) to the Borrower and the
Administrative Agent of such determination (which notice the Administrative Agent shall promptly
transmit to each other Lender). If the Administrative Agent receives (A) a notice from any Lender
pursuant to clause (i) of the preceding sentence or (B) a notice from Lenders constituting the
Requisite Lenders pursuant to clause (ii) of the preceding sentence, then (1) the obligation of
such Lender (or, in the case of a notice referred to in clause (B) above, the Lenders) to make
Loans as, or to convert Loans to, Eurodollar Rate Loans shall be suspended until such notice shall
have been withdrawn by such Lender (or, in the case of a notice referred to in clause (B) above,
Lenders constituting the Requisite Lenders), (2) to the extent any such notice relates to a
Eurodollar Rate Loan or Loans then being requested by the Borrower pursuant to a Funding Notice or
a Conversion/Continuation Notice, such Lender (or, in the case of a notice referred to in clause
(B) above, the Lenders) shall make such Loan or Loans as (or continue such Loan or Loans as or
convert such Loan or Loans to, as the case may be) a Base Rate Loan or Loans, (3) such Lender’s
(or, in the case of a notice referred to in clause (B) above, the Lenders’) obligation to maintain
outstanding Eurodollar Rate Loans (the “Affected Loans”) shall be terminated at the earlier to
occur of the expiration of the Interest Period then in effect with respect to the Affected Loans or
when required by law and (4) the Affected Loans shall automatically convert into Base Rate Loans on
the date of such termination. Notwithstanding

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the foregoing, to the extent a determination by an Affected Lender or the Requisite Lenders as
described above relates to a Eurodollar Rate Loan then being requested by the Borrower pursuant to
a Funding Notice or a Conversion/Continuation Notice, the Borrower shall have the option, subject
to the provisions of Section 2.17(c), to rescind such Funding Notice or Conversion/Continuation
Notice as to all Lenders by giving written notice (or telephonic notice promptly confirmed in
writing) to the Administrative Agent of such rescission on the date on which the Affected Lender or
the Requisite Lenders give notice of its or their determination as described above (which notice of
rescission the Administrative Agent shall promptly transmit to the Lenders).

          (c) Compensation for Breakage or Non-Commencement of Interest Periods. The Borrower
shall compensate each Lender for all losses, costs, expenses and liabilities that such Lender may
sustain in the event (i) a borrowing of any Eurodollar Rate Loan does not occur on a date specified
therefor in any Funding Notice (or any telephonic request for a borrowing) given by the Borrower
(other than as a result of a failure by such Lender to make such Loan in accordance with its
obligations hereunder), (ii) a conversion to or continuation of any Eurodollar Rate Loan does not
occur on a date specified therefor in any Conversion/Continuation Notice (or a telephonic request
for any conversion or continuation) given by the Borrower, (iii) any payment of any principal of
any Eurodollar Rate Loan other than on the last day of an Interest Period applicable thereto
(including as a result of an Event of Default), (iv) the conversion of any Eurodollar Rate Loan
occurs other than on the last day of an Interest Period applicable thereto, (v) the assignment of
any Eurodollar Rate Loan occurs other than on the last day of an Interest Period applicable thereto
as a result of Section 2.23(e) or a request by the Borrower pursuant to Section 2.22 or (vi) a
prepayment of any Eurodollar Rate Loan does not occur on a date specified therefor in any notice of
prepayment given by the Borrower. Such loss, cost, expense or liability to any Lender shall be
deemed to include an amount determined by such Lender to be the excess, if any, of (A) the amount
of interest that would have accrued on the principal amount of such Loan had such event not
occurred, at the Adjusted Eurodollar Rate that would have been applicable to such Loan (but not
including the Applicable Margin applicable thereto), for the period from the date of such event to
the last day of the then current Interest Period therefor (or, in the case of a failure to borrow,
convert or continue, for the period that would have been the Interest Period for such Loan), over
(B) the amount of interest that would accrue on such principal amount for such period at the
interest rate which such Lender would bid were it to bid, at the commencement of such period, for
Dollar deposits of a comparable amount and period from other banks in the London interbank market.
To request compensation under this Section 2.17(c), a Lender shall deliver to the Borrower a
certificate setting forth in reasonable detail the basis and calculation of any amount or amounts
that such Lender is entitled to receive pursuant to this Section 2.17(c), which certificate shall
be conclusive and binding absent manifest error. The Borrower shall pay such Lender the amount
shown as due on any such certificate within 10 days after receipt thereof.

          (d) Booking of Eurodollar Rate Loans. Any Lender may make, carry or transfer
Eurodollar Rate Loans at, to or for the account of any of its branch offices or the office of any
Affiliate of such Lender.

          (e) Assumptions Concerning Funding of Eurodollar Rate Loans. Calculation of all
amounts payable to a Lender under this Section 2.17 and under Section 2.18 shall be made as

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though such Lender had actually funded each of its relevant Eurodollar Rate Loans through the
purchase of a Eurodollar deposit bearing interest at the rate obtained pursuant to clause (i) of
the definition of Adjusted Eurodollar Rate in an amount equal to the amount of such Eurodollar Rate
Loan and having a maturity comparable to the relevant Interest Period and through the transfer of
such Eurodollar deposit from an offshore office of such Lender to a domestic office of such Lender
in the United States of America; provided that each Lender may fund each of its Eurodollar
Rate Loans in any manner it sees fit and the foregoing assumptions shall be utilized only for the
purposes of calculating amounts payable under this Section 2.17 and under Section 2.18.

          2.18. Increased Costs; Capital Adequacy. (a) Compensation for Increased Costs and
Taxes. Subject to the provisions of Section 2.19 (which shall be controlling with respect to
the matters covered thereby), in the event that any law, treaty or governmental rule, regulation or
order, or any change therein or in the interpretation, administration or application thereof
(including the introduction of any new law, treaty or governmental rule, regulation or order), or
any determination of a court or governmental authority, in each case that becomes effective after
the date hereof, or compliance by such Lender with any guideline, request or directive issued or
made after the date hereof by any central bank or other governmental or quasi-governmental
authority (whether or not having the force of law) (provided that for purposes of this
Agreement, the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules,
guidelines or directives in connection therewith shall be deemed to have been adopted and become
effective after the date hereof): (i) subjects any Lender (which term shall include each Issuing
Bank for purposes of this Section 2.18(a)) (or its applicable lending office) to any additional Tax
(other than any Tax indemnifiable under Section 2.19 or any Excluded Tax) with respect to this
Agreement or any of the other Credit Documents or any of its obligations hereunder or thereunder or
any payments to such Lender (or its applicable lending office) of principal, interest, fees or any
other amount payable hereunder; (ii) imposes, modifies or holds applicable any reserve (including
any marginal, emergency, supplemental, special or other reserve), special deposit, compulsory loan,
FDIC insurance or similar requirement against assets held by, or deposits or other liabilities in
or for the account of, or advances or loans by, or other credit extended by, or any other
acquisition of funds by, any office of any Lender (other than any such reserve or other
requirements with respect to Eurodollar Rate Loans that are reflected in the definition of Adjusted
Eurodollar Rate); or (iii) imposes any other condition, cost or expense on or affecting any Lender
(or its applicable lending office) or its obligations hereunder or the London interbank market; and
the result of any of the foregoing is to increase the cost to such Lender of agreeing to make,
making or maintaining Eurodollar Rate Loans hereunder or to reduce any amount received or
receivable by such Lender (or its applicable lending office) with respect thereto; then, in any
such case, the Borrower shall promptly pay to such Lender, upon receipt of the statement referred
to in the next sentence, such additional amount or amounts (in the form of an increased rate of, or
a different method of calculating, interest or otherwise as such Lender, in consultation with the
Borrower, shall determine) as may be necessary to compensate such Lender for any such increased
cost or reduction in amounts received or receivable hereunder. Such Lender shall deliver to the
Borrower (with a copy to the Administrative Agent) a written statement, setting forth in reasonable
detail the basis and calculation of the additional amounts owed to such Lender under this Section
2.18(a), which statement shall be conclusive and binding upon all parties hereto absent manifest
error.

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          (b) Capital Adequacy Adjustment. In the event that any Lender (which term shall
include each Issuing Bank for purposes of this Section 2.18(b)) shall have determined that the
adoption, effectiveness, phase-in or applicability after the date hereof of any law, rule or
regulation (or any provision thereof) regarding capital adequacy, or any change therein or in the
interpretation or administration thereof after the date hereof by any Governmental Authority,
central bank or comparable agency charged with the interpretation or administration thereof, or
compliance by any Lender (or its applicable lending office) with any guideline, request or
directive regarding capital adequacy (whether or not having the force of law) of any such
Governmental Authority, central bank or comparable agency (provided that for purposes of
this Agreement, the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests,
rules, guidelines or directives in connection therewith shall be deemed to have been adopted and
become effective after the date hereof), has or would have the effect of reducing the rate of
return on the capital of such Lender or any corporation controlling such Lender as a consequence
of, or with reference to, such Lender’s Loans or Revolving Commitments or Letters of Credit, or
participations therein or other obligations hereunder with respect to the Loans or the Letters of
Credit to a level below that which such Lender or such controlling corporation could have achieved
but for such adoption, effectiveness, phase-in, applicability, change or compliance (taking into
consideration the policies of such Lender or such controlling corporation with regard to capital
adequacy), then from time to time, within five Business Days after receipt by the Borrower from
such Lender of the statement referred to in the next sentence, the Borrower shall pay to such
Lender such additional amount or amounts as will compensate such Lender or such controlling
corporation on an after-tax basis for such reduction. Such Lender shall deliver to the Borrower
(with a copy to the Administrative Agent) a written statement, setting forth in reasonable detail
the basis and calculation of the additional amounts owed to Lender under this Section 2.18(b),
which statement shall be conclusive and binding upon all parties hereto absent manifest error.

          2.19. Taxes; Withholding, Etc. (a) All sums payable by or on behalf of any Credit Party
hereunder and under the other Credit Documents shall (except to the extent required by law) be paid
free and clear of, and without any deduction or withholding on account of, any Tax imposed, levied,
collected, withheld or assessed by any Governmental Authority.

          (b) If any Credit Party or the Administrative Agent is required by law to make any deduction
or withholding on account of any such Tax described in Section 2.19(a) from any sum paid or payable
by any Credit Party to the Administrative Agent or any Lender (which term shall include each
Issuing Bank for purposes of this Section 2.19) under any of the Credit Documents: (i) the Borrower
shall pay, or cause to be paid, any such Tax before the date on which penalties attach thereto,
such payment to be made (if the liability to pay is imposed on any Credit Party) for its own
account or (if the liability is imposed on the Administrative Agent or such Lender, as the case may
be) on behalf of and in the name of the Administrative Agent or such Lender; (ii) unless otherwise
provided in this Section 2.19, the sum payable by such Credit Party in respect of which the
relevant deduction, withholding or payment is required shall be increased to the extent necessary
to ensure that, after the making of that deduction, withholding or payment, the Administrative
Agent or such Lender, as the case may be, receives on the due date a sum equal to what it would
have received had no such deduction, withholding or payment been required or made; and (iii) within
30 days after the due date of payment of any Tax that it is required by clause (i) above to pay,
the Borrower shall deliver to the Administrative Agent

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evidence reasonably satisfactory to the Administrative Agent of such deduction, withholding or
payment and of the remittance thereof to the relevant taxing or other authority; provided
that, no such additional amount shall be required to be paid to any Lender or the Administrative
Agent, under clause (ii) above with respect to (x) any Tax on the overall net income of any Lender
or the Administrative Agent, (y) any branch profits Tax imposed by the United States of America or
any comparable Tax imposed by any other jurisdiction in which any Lender has a branch, or (z) , in
the case of a Non-U.S. Lender, any withholding Tax, except to the extent that any Change in Tax Law
after the date hereof (or in the case of an assignee, after the Assignment Effective Date, or in
the case of a Lender that changes its applicable lending office (other than pursuant to Section
2.20), after the effective date of such change, or in the case of an Incremental Lender, after the
effective date of the Incremental Facility Agreement) shall result in an increase in the rate of
such deduction, withholding or payment from that in effect at the date hereof, or at such
Assignment Effective Date, the effective date of such change in applicable lending office or the
effective date of such Incremental Facility Agreement, as the case may be, in respect of payments
to such Lender or the Administrative Agent; provided that a Lender that shall have become a Lender
pursuant to an Assignment Agreement shall be entitled to receive all such additional amounts as
such Lender’s assignor would have been entitled to receive with respect to such withholding tax
pursuant to this clause (z) prior to such assignment and a Lender that changes its applicable
lending office shall be entitled to receive all such additional amounts as such Lender would have
been entitled to receive with respect to such withholding tax pursuant to this clause (z) prior to
such change (each of (x), (y) and (z), an “Excluded Tax”).

          (c) Each Lender that is not a United States person (as such term is defined in Section
7701(a)(30) of the Internal Revenue Code) for United States federal income tax purposes (a “Non-US
Lender”) shall, to the extent such Lender is legally able to do so, deliver to the Administrative
Agent for transmission to the Borrower, on or prior to the Closing Date (in the case of each Lender
listed on the signature pages hereof on the Closing Date) or on or prior to the Assignment
Effective Date or the effective date of the change of its applicable lending office or the
effective date of the Incremental Facility Agreement pursuant to which it becomes a Lender (as
applicable), and at such other times as may be necessary in the determination of the Borrower or
the Administrative Agent (each in the reasonable exercise of its discretion), (i) two original
copies of Internal Revenue Service Form W-8BEN (with respect to an income tax treaty), W-8ECI or
W-8EXP (or, in each case, any successor forms), properly completed and duly executed by such
Lender, and such other documentation required under the Internal Revenue Code or reasonably
requested by the Borrower to establish that such Lender is not subject to (or is subject to a
reduced rate of) deduction or withholding of United States federal income tax with respect to any
payments to such Lender of principal, interest, fees or other amounts payable under any of the
Credit Documents, (ii) if such Lender is not a “bank” or other Person described in Section
881(c)(3) of the Internal Revenue Code, a certificate in the form of Exhibit B (“Certificate re
Non-Bank Status”) together with two original copies of Internal Revenue Service Form W-8BEN (with
respect to the portfolio interest exemption) (or any successor form), properly completed and duly
executed by such Lender, and such other documentation required under the Internal Revenue Code or
reasonably requested by the Borrower to establish that such Lender is not subject to deduction or
withholding of United States federal income tax with respect to any payments to such Lender of
principal, interest, fees or other amounts payable under any of the Credit Documents, or (iii) to
the extent a Non-US Lender is not the beneficial owner (for example, where the Non-US Lender is
treated as a

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partnership for United States federal income tax purposes or is a participating Lender
granting a typical participation), two original copies of Internal Revenue Service Form W-8IMY,
accompanied by an Internal Revenue Service Form W-8ECI, W-8BEN (together with a Certificate re
Non-Bank Status, if applicable) or W-9 of each beneficial owner, in each case, certifying that such
beneficial owner is not subject to (or is subject to a reduced rate of) deduction or withholding of
United States federal income tax with respect to any payments to such Non-US Lender of principal,
interest, fees or other amounts payable under any of the Credit Documents; provided that if the
Non-US Lender is a partnership (and not a participating Lender) and one or more beneficial owners
of such Non-US Lender are claiming the portfolio interest exemption, such Non-US Lender may provide
a Certificate re Non-Bank Status on behalf of each such beneficial owner and such other
documentation required under the Internal Revenue Code or reasonably requested by the Borrower to
establish that such Non-US Lender is not subject to deduction or withholding of United States
federal income tax with respect to any payments to such Non-US Lender of amounts payable under any
of the Credit Documents. Each Lender that is a United States person (as such term is defined in
Section 7701(a)(30) of the Internal Revenue Code) for United States federal income tax purposes (a
“US Lender”) shall deliver to the Administrative Agent and the Borrower on or prior to the Closing
Date (or, if later, on or prior to the date on which such Lender becomes a party to this Agreement)
two original copies of Internal Revenue Service Form W-9 (or any successor form), properly
completed and duly executed by such Lender, certifying that such US Lender is entitled to an
exemption from United States backup withholding tax. Each Lender required to deliver any forms,
certificates or other evidence with respect to United States federal income tax withholding matters
pursuant to this Section 2.19(c) hereby agrees, from time to time after the initial delivery by
such Lender of such forms, certificates or other evidence, whenever a lapse in time or change in
circumstances renders such forms, certificates or other evidence obsolete or inaccurate in any
material respect, that such Lender shall promptly deliver to the Administrative Agent for
transmission to the Borrower two new original copies of Internal Revenue Service Form W-8BEN,
W-8ECI, W-8EXP, W-8IMY and/or W-9 (or, in each case, any successor form), or a Certificate re
Non-Bank Status and two original copies of Internal Revenue Service Form W-8BEN and/or W-8IMY (or,
in each case, any successor form), as the case may be, properly completed and duly executed by such
Lender (and each beneficial owner, as applicable), and such other documentation required under the
Internal Revenue Code or reasonably requested by the Borrower to confirm or establish that such
Lender (and each beneficial owner, as applicable) is not subject to deduction or withholding of
United States federal income tax with respect to payments to such Lender under the Credit
Documents, or notify the Administrative Agent and the Borrower of its inability to deliver any such
forms, certificates or other evidence. No Credit Party shall be required to pay any additional
amount under this Section 2.19 to a Lender, to the extent such additional amount is attributable to
such Lender’s failure, inability or ineligibility, at any time on or after the date on which such
Lender becomes a party to this Agreement, to deliver the forms (together with the certificates
and/or other evidence, as applicable), described in the first sentence of this Section 2.19(c) (in
the case of a Non-US Lender) or the second sentence of this Section 2.19(c) (in the case of a
 US
Lender); provided that if such Lender shall have delivered the forms (together with the
certificates and/or other evidence, as applicable) described in the first sentence of this Section
2.19(c) (in the case of a Non-US Lender) or the second sentence of this Section 2.19(c) (in the
case of a US Lender) on the Closing Date or on the Assignment Effective Date or the effective date
of the change of its applicable lending office or the effective date of the Incremental Facility

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Agreement pursuant to which it became a Lender, as applicable, nothing in this last sentence
of this Section 2.19(c) shall relieve any Credit Party of its obligation to pay any additional
amounts pursuant to this Section 2.19 in the event that, as a result of a Change in Tax Law
occurring after such date, such Lender (or its beneficial owners, as applicable) is no longer
properly entitled to deliver forms, certificates or other evidence at a subsequent date
establishing that such Lender is not subject to deduction or withholding as described herein. In
addition, if any Lender is entitled to an exemption from or reduction in withholding tax with
respect to payments under the Credit Documents, then such Lender shall deliver to the Borrower and
the Administrative Agent such properly completed and executed documentation prescribed by
applicable law as will permit such payments to be made without withholding or at a reduced rate of
withholding; provided, however, that no Lender shall be required under this sentence to provide any
documentation that it is not legally entitled to deliver or disclose any information that it deems
confidential, in each case determined in the reasonable discretion of such Lender.

          (d) Notwithstanding anything to the contrary, Borrower shall not be required to pay any
additional amount pursuant to Section 2.19(b) with respect to any United States federal withholding
tax imposed under FATCA.

          (e) Without limiting the provisions of Section 2.19(b), Borrower shall timely pay all Other
Taxes to the relevant Governmental Authorities in accordance with applicable law. Borrower shall
deliver to Administrative Agent official receipts or other evidence of such payment reasonably
satisfactory to Administrative Agent in respect of any Other Taxes payable hereunder promptly after
payment of such Other Taxes.

          (f) (f) The Borrower shall indemnify the Administrative Agent and any Lender for the full
amount of Taxes for which additional amounts are required to be paid pursuant to Section 2.19(b)
arising in connection with payments made under this Agreement or any other Credit Document and
Other Taxes (including any such Taxes (other than any Excluded Taxes) or Other Taxes imposed or
asserted on or attributable to amounts payable under this Section 2.19) paid by the Administrative
Agent or Lender or any of their respective Affiliates, and any reasonable expenses arising
therefrom or with respect thereto, whether or not such Taxes or Other Taxes were correctly or
legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount
of such payment or liability delivered to such Credit Party shall be conclusive absent manifest
error. Such payment shall be due within thirty (30) days of such Credit Party’s receipt of such
certificate.

          (g) If any party determines, in its sole discretion exercised in good faith, that it has
received, or is entitled to, a refund of any Taxes as to which it has been indemnified pursuant to
this Section 2.19 (including additional amounts paid pursuant to this Section 2.19), it shall use
reasonable efforts to apply for such refund (provided that applying for such refund does
not require such party to incur any material unreimbursed cost or expense and is not otherwise
materially disadvantageous to such party) and shall pay to the indemnifying party an amount equal
to such refund (but only to the extent of indemnity payments made under this Section with respect
to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including any Taxes)
of such indemnified party and without interest (other than any interest paid by the relevant
Governmental Authority with respect to such refund). Such indemnifying party, upon the request of
such indemnified party, shall repay to such indemnified party the amount paid to

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such indemnified party pursuant to the previous sentence (plus any penalties, interest or
other charges imposed by the relevant Governmental Authority) in the event such indemnified party
is required to repay such refund to such Governmental Authority. Notwithstanding anything to the
contrary in this Section 2.19(g), in no event will any indemnified party be required to pay any
amount to any indemnifying party pursuant to this Section 2.19(g) if such payment would place such
indemnified party in a less favorable position (on a net after-Tax basis) than such indemnified
party would have been in if the indemnification payments or additional amounts giving rise to such
refund had never been paid. This Section 2.19(g) shall not be construed to require any indemnified
party to make available its Tax returns (or any other information relating to its Taxes which it
deems confidential) to the indemnifying party or any other Person.

          (h) For the avoidance of doubt, this Section 2.19 shall not apply to any Hedge Agreement.

          2.20. Obligation to Mitigate. Each Lender (which term shall include each Issuing Bank for
purposes of this Section 2.20) agrees that, as promptly as practicable after the officer of such
Lender responsible for administering its Loans or Letters of Credit, as the case may be, becomes
aware of the occurrence of an event or the existence of a condition that would cause such Lender to
become an Affected Lender or that would entitle such Lender to receive payments under Section 2.17,
2.18 or 2.19, it will, to the extent not inconsistent with the internal policies of such Lender and
any applicable legal or regulatory restrictions, use reasonable efforts (a) to make, issue, fund or
maintain its Loans, including any Affected Loans, through another office of such Lender or (b) to
take such other measures as such Lender may deem reasonable, if as a result thereof the
circumstances that would cause such Lender to be an Affected Lender would cease to exist or the
additional amounts that would otherwise be required to be paid to such Lender pursuant to Section
2.17, 2.18 or 2.19 would be materially reduced and if, as determined by such Lender in its sole
discretion, the making, issuing, funding or maintaining of its Commitments, Loans or Letters of
Credit through such other office or in accordance with such other measures, as the case may be,
would not otherwise adversely affect its Commitments, Loans or Letters of Credit or the interests
of such Lender; provided that such Lender will not be obligated to utilize such other
office pursuant to this Section 2.20 unless the Borrower agrees to pay all incremental expenses
incurred by such Lender as a result of utilizing such other office as described above. A
certificate as to the amount of any such expenses payable by the Borrower pursuant to this Section
2.20 (setting forth in reasonable detail the basis and calculation of such amount) submitted by
such Lender to the Borrower (with a copy to the Administrative Agent) shall be conclusive absent
manifest error.

          2.21. Defaulting Lenders. (a) Defaulting Lender Adjustments. Notwithstanding
anything to the contrary contained in this Agreement, if any Revolving Lender becomes a Defaulting
Lender, then, until such time as such Revolving Lender is no longer a Defaulting Lender, to the
extent permitted by applicable law:

     (i) Waivers and Amendments. Such Defaulting Lender’s right to approve or
disapprove any amendment, waiver or consent with respect to this Agreement or any other
Credit Document shall be restricted as set forth in the definition of the term Requisite
Lenders.

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     (ii) Defaulting Lender Waterfall. Any payment of principal, interest, fees or
other amounts received by the Administrative Agent for the account of such Defaulting Lender
(whether voluntary or mandatory, at maturity, pursuant to Section 8 or otherwise) or
received by the Administrative Agent from a Defaulting Lender pursuant to Section 10.4 shall
be applied at such time or times as may be determined by the Administrative Agent as
follows: first, to the payment of any amounts owing by such Defaulting Lender to the
Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts
owing by such Defaulting Lender to any Issuing Bank hereunder; third, to Cash Collateralize
the Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender; fourth, as the
Borrower may request (so long as no Default or Event of Default exists), to the funding of
any Revolving Loan in respect of which such Defaulting Lender has failed to fund its portion
thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if
so determined by the Administrative Agent and the Borrower, to be held in a deposit account
and released pro rata in order to (A) satisfy such Defaulting Lender’s potential future
funding obligations with respect to Revolving Loans under this Agreement and (B) Cash
Collateralize the Issuing Banks’ future Fronting Exposure with respect to such Defaulting
Lender with respect to future Letters of Credit issued under this Agreement; sixth, to the
payment of any amounts owing to the Revolving Lenders and the Issuing Banks as a result of
any final, non-appealable judgment of a court of competent jurisdiction obtained by any
Revolving Lender or any Issuing Bank against such Defaulting Lender as a result of such
Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no
Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a
result of any final, non-appealable judgment of a court of competent jurisdiction obtained
by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s
breach of its obligations under this Agreement; and eighth, to such Defaulting Lender or as
otherwise directed by a court of competent jurisdiction; provided that if (1) such
payment is a payment of the principal amount of any Revolving Loans or drawings under
Letters of Credit in respect of which such Defaulting Lender has not fully funded its Pro
Rata Share, and (2) such Revolving Loans were made or the related Letters of Credit were
issued at a time when the conditions set forth in Section 3 were satisfied or waived, such
payment shall be applied solely to pay the Revolving Loans of, and drawings under Letters of
Credit owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the
payment of any Revolving Loans of, or drawings under Letters of Credit owed to, such
Defaulting Lender until such time as all Revolving Loans and funded and unfunded
participations in Letters of Credit are held by the Revolving Lenders in accordance with
their Pro Rata Shares without giving effect to Section 2.21(a)(iv). Any payments,
prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or
held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this
Section 2.21(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and
each Revolving Lender irrevocably consents hereto.

     (iii) Certain Fees. (A) No Defaulting Lender shall be entitled to receive
any commitment fee pursuant to Section 2.10(a)(i) for any period during which such Revolving
Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee
that otherwise would have been required to have been paid to such Defaulting Lender).

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     (B) Each Defaulting Lender shall be entitled to receive a letter of credit fee
pursuant to Section 2.10(a)(ii) for any period during which such Revolving Lender is
a Defaulting Lender only to the extent allocable to its Pro Rata Share of the stated
amount of Letters of Credit for which it has provided Cash Collateral.

     (C) With respect to any commitment fee or letter of credit fee not required to
be paid to any Defaulting Lender pursuant to clause (A) or (B) above, the Borrower
shall (1) pay to each Non-Defaulting Lender that portion of any such fee otherwise
payable to such Defaulting Lender with respect to such Defaulting Lender’s
participation in Letters of Credit that has been reallocated to such Non-Defaulting
Lender pursuant to clause (iv) below, (2) pay to each Issuing Bank the amount of any
such fee otherwise payable to such Defaulting Lender to the extent allocable to such
Issuing Bank’s Fronting Exposure to such Defaulting Lender, and (3) not be required
to pay the remaining amount of any such fee.

     (iv) Reallocation of Participations to Reduce Fronting Exposure. All or any
part of such Defaulting Lender’s participation in Letters of Credit shall be reallocated
among the Non-Defaulting Lenders in accordance with their respective Pro Rata Shares
(calculated without regard to such Defaulting Lender’s Commitment) but only to the extent
that (A) the conditions set forth in Section 3 are satisfied at the time of such
reallocation (and, unless the Borrower shall have otherwise notified the Administrative
Agent at such time, the Borrower shall be deemed to have represented and warranted that such
conditions are satisfied at such time), and (B) such reallocation does not cause the
Revolving Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s
Revolving Commitment. No reallocation hereunder shall constitute a waiver or release of any
claim of any party hereunder against a Defaulting Lender arising from that Revolving Lender
having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a
result of such Non-Defaulting Lender’s increased exposure following such reallocation.

     (v) Cash Collateral. If the reallocation described in clause (iv) above
cannot, or can only partially, be effected, the Borrower shall, without prejudice to any
right or remedy available to it hereunder or under law, Cash Collateralize the Issuing
Banks’ Fronting Exposure.

          (b) Defaulting Lender Cure. If the Borrower, the Administrative Agent and each
Issuing Bank agree in writing that a Revolving Lender is no longer a Defaulting Lender, the
Administrative Agent will so notify the parties hereto, whereupon as of the effective date
specified in such notice and subject to any conditions set forth therein (which may include
arrangements with respect to any Cash Collateral), such Revolving Lender will, to the extent
applicable, purchase at par that portion of outstanding Revolving Loans of the other Revolving
Lenders or take such other actions as the Administrative Agent may determine to be necessary to
cause the Revolving Loans and funded and unfunded participations in Letters of Credit to be held by
the Revolving Lenders in accordance with their Pro Rata Shares (without giving effect to Section
2.21(a)(iv)), whereupon such Revolving Lender will cease to be a Defaulting Lender;
provided that no adjustments will be made retroactively with respect to fees accrued or
payments made by or on behalf of the Borrower while such Revolving Lender was a Defaulting Lender;

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and provided further that except to the extent otherwise expressly agreed by
the affected parties, no change hereunder from Defaulting Lender to Non-Defaulting Lender will
constitute a waiver or release of any claim of any party hereunder arising from a Revolving
Lender’s having been a Defaulting Lender.

          (c) New Letters of Credit. So long as any Revolving Lender is a Defaulting Lender,
no Issuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless
it is satisfied that it will have no Fronting Exposure after giving effect thereto.

          2.22. Removal or Replacement of a Lender. Notwithstanding anything contained herein to the
contrary, in the event that: (a) (i) any Lender (an “Increased-Cost Lender”) shall give notice to
the Borrower that such Lender is an Affected Lender or that such Lender is entitled to receive
payments under Section 2.18 or 2.19, (ii) the circumstances which have caused such Lender to be an
Affected Lender or which entitle such Lender to receive such payments shall remain in effect, and
(iii) such Lender shall fail to withdraw such notice within five Business Days after the Borrower’s
request for such withdrawal; (b) any Lender shall be a Defaulting Lender; or (c) (i) in connection
with any proposed waiver, amendment or other modification of any Credit Document, or any consent to
any departure by any Credit Party therefrom, of the type referred to in Section 10.5(b) the consent
of the Requisite Lenders (or, in circumstances where Section 10.5(d) does not require the consent
of the Requisite Lenders, a majority interest of the Lenders of the affected Class) shall have been
obtained but the consent of one or more of such other Lenders whose consent is required but shall
not have been obtained or (ii) in connection with any Loan Modification Offer, any Lender shall not
be an Accepting Lender (each Lender described in sub-clauses (i) and (ii) of this clause (c), a
“Non-Consenting Lender”); then, with respect to each such Increased-Cost Lender, Defaulting Lender
or Non-Consenting Lender (each, a “Terminated Lender”), the Borrower may, by giving written notice
to the Administrative Agent and any Terminated Lender of its election to do so, elect to cause such
Terminated Lender (and such Terminated Lender hereby irrevocably agrees) to assign its outstanding
Loans and its Commitments, if any, in full (or, in the case of any Non-Consenting Lender, its
outstanding Loans and its Commitments of a particular Class in full) to one or more Eligible
Assignees (each, a “Replacement Lender”) in accordance with the provisions of Section 10.6, and the
Borrower shall pay the fees, if any, payable under such Section in connection with any such
assignment; provided that (A) on the date of such assignment, the Replacement Lender shall
pay to the Terminated Lender an amount equal to the sum of (1) an amount equal to the principal of,
and all accrued and unpaid interest on, all outstanding Loans of the Terminated Lender subject to
such assignment and (2) in the case of an assignment of a Terminated Lender’s rights and
obligations as a Revolving Lender, (x) an amount equal to all unreimbursed drawings under Letters
of Credit participations with respect to which have been funded by such Terminated Lender, together
with all accrued and unpaid interest thereon, and (y) an amount equal to all accrued but unpaid
fees owing to such Terminated Lender pursuant to Section 2.10; (B) on the date of such assignment,
the Borrower shall pay any amounts payable to such Terminated Lender pursuant to Section 2.17(c),
2.18 or 2.19 (or any other Section, assuming that such assignment were a prepayment (other than any
amount referred to in clause (A) above)), and (3) in the event such Terminated Lender is a
Non-Consenting Lender, the Replacement Lender shall consent, at the time of such assignment, to
each matter in respect of which such Terminated Lender was a Non-Consenting Lender. Each Lender
agrees that if the Borrower exercises its option hereunder to cause an assignment by such Lender as
a Terminated

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Lender, such Lender shall, promptly after receipt of written notice of such election, execute
and deliver all documentation necessary to effectuate such assignment in accordance with Section
10.6. In the event that a Lender does not comply with the requirements of the immediately
preceding sentence within one Business Day after receipt of such notice, each Lender hereby
authorizes and directs the Administrative Agent to execute and deliver such documentation as may be
required to give effect to an assignment in accordance with Section 10.6 on behalf of a Terminated
Lender, and any such documentation so executed by the Administrative Agent shall be effective for
purposes of documenting an assignment pursuant to Section 10.6.

          2.23. Incremental Facilities. (a) The Borrower may on one or more occasions, by written
notice to the Administrative Agent, request (i) during the Revolving Commitment Period, the
establishment of Incremental Revolving Commitments and/or (ii) the establishment of Incremental
Term Loan Commitments, provided that the aggregate amount of all the Incremental
Commitments established at any time shall not exceed the Permitted Incremental Amount at such time.
Each such notice shall specify (A) the date on which the Borrower proposes that the Incremental
Revolving Commitments or the Incremental Term Loan Commitments, as applicable, shall be effective,
which shall be a date not less than 10 Business Days (or such shorter period as may be agreed to by
the Administrative Agent) after the date on which such notice is delivered to the Administrative
Agent and (B) the amount of the Incremental Revolving Commitments or Incremental Term Loan
Commitments, as applicable, being requested (it being agreed that (x) any Lender approached to
provide any Incremental Revolving Commitment or Incremental Term Loan Commitment may elect or
decline, in its sole discretion, to provide such Incremental Revolving Commitment or Incremental
Term Loan Commitment and (y) any Person that the Borrower proposes to become an Incremental Lender,
if such Person is not then a Lender, must be an Eligible Assignee and must be reasonably acceptable
to the Administrative Agent and, in the case of any proposed Incremental Revolving Lender, each
Issuing Bank).

          (b) The terms and conditions of any Incremental Revolving Commitment and Loans and other
extensions of credit to be made thereunder shall be identical to those of the Revolving Commitments
and Loans and other extensions of credit made thereunder, and shall be treated as a single Class
with such Revolving Commitments and Loans, it being agreed, however, that in connection with the
effectiveness of any Incremental Revolving Commitment, subject to the consent of the Borrower, this
Agreement may be modified to increase (but not decrease) the Applicable Margin and fees payable for
the account of the Revolving Lenders pursuant Section 2.10, so long as such increase is effective
for the benefit of all the Revolving Lenders hereunder on equal terms. The terms and conditions of
any Incremental Term Loan Commitments and the Incremental Term Loans to be made thereunder shall
be, except as otherwise set forth herein or in the applicable Incremental Facility Agreement,
identical to those of the Tranche B Term Loan Commitments and the Tranche B Term Loans;
provided that (i) the weighted average life to maturity of any Incremental Term Loans shall
be no shorter than the remaining weighted average life to maturity of the Tranche B Terms Loans and
(ii) no Incremental Term Loan Maturity Date shall be earlier than the Tranche B Term Loan Maturity
Date.

          (c) The Incremental Commitments shall be effected pursuant to one or more Incremental
Facility Agreements executed and delivered by Holdings, the Borrower, each

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Incremental Lender providing such Incremental Commitments and the Administrative Agent;
provided that no Incremental Commitments shall become effective unless (i) no Default or
Event of Default shall have occurred and be continuing on the date of effectiveness thereof, both
immediately prior to and immediately after giving effect to such Incremental Commitments and the
making of Loans and other Credit Extensions thereunder to be made on such date, (ii) on the date of
effectiveness thereof, the representations and warranties of each Credit Party set forth in the
Credit Documents shall be true and correct (A) in the case of the representations and warranties
qualified as to materiality, in all respects and (B) otherwise, in all material respects, in each
case on and as of such date, except in the case of any such representation and warranty that
expressly relates to a prior date, in which case such representation and warranty shall be so true
and correct on and as of such prior date, (iii) after giving effect to such Incremental Commitments
and the making of Loans and other Credit Extensions thereunder to be made on the date of
effectiveness thereof Holdings and the Borrower shall be in pro forma compliance with the financial
covenants set forth in Section 6.7 (determined in accordance with Section 1.2(b)) as of the last
day of the Fiscal Quarter most recently ended on or prior to such date for which financial
statements are available (provided that, for purposes of determining the Leverage Ratio
under Section 6.7(b), the Consolidated Total Debt shall be determined on a pro forma basis as of
such date), (iv) the Borrower shall make any payments required to be made pursuant to Section
2.17(c) in connection with such Incremental Commitments and the related transactions under this
Section 2.23 and (v) Holdings and the Borrower shall have delivered to the Administrative Agent
such legal opinions, board resolutions, secretary’s certificates, officer’s certificates and other
documents as shall reasonably be requested by the Administrative Agent in connection with any such
transaction. Each Incremental Facility Agreement may, without the consent of any Lender, effect
such amendments to this Agreement and the other Credit Documents as may be necessary or
appropriate, in the opinion of the Administrative Agent, to give effect to the provisions of this
Section 2.23 (including any increase referred to in Section 2.23(b)). Any Incremental Term Loan
Commitments established pursuant to an Incremental Facility Agreement that have identical terms and
conditions, and any Incremental Term Loans made thereunder, shall be designated as a separate
series (each, a “Series”) of Incremental Term Loan Commitments and Incremental Term Loans for all
purposes of this Agreement.

          (d) Upon the effectiveness of an Incremental Commitment of any Incremental Lender, (i) such
Incremental Lender shall be deemed to be a “Lender” (and a Lender in respect of Commitments and
Loans of the applicable Class) hereunder, and henceforth shall be entitled to all the rights of,
and benefits accruing to, Lenders (or Lenders in respect of Commitments and Loans of the applicable
Class) hereunder and shall be bound by all agreements, acknowledgements and other obligations of
Lenders (or Lenders in respect of Commitments and Loans of the applicable Class) hereunder and
under the other Credit Documents, and (ii) in the case of any Incremental Revolving Commitment, (A)
such Incremental Revolving Commitment shall constitute (or, in the event such Incremental Lender
already has a Revolving Commitment, shall increase) the Revolving Commitment of such Incremental
Lender and (B) the aggregate amount of the Revolving Commitments shall be increased by the amount
of such Incremental Revolving Commitment, in each case, subject to further increase or reduction
from time to time as set forth in the definition of the term “Revolving Commitment”. For the
avoidance of doubt, upon the effectiveness of any Incremental Revolving Commitment, the Revolving
Exposure of

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the Incremental Revolving Lender holding such Commitment, and the Pro Rata Shares of
all the Revolving Lenders, shall automatically be adjusted to give effect thereto.

          (e) On the date of effectiveness of any Incremental Revolving Commitments, each Revolving
Lender shall assign to each Incremental Revolving Lender holding such Incremental Revolving
Commitment, and each such Incremental Revolving Lender shall purchase from each Revolving Lender,
at the principal amount thereof (together with accrued interest), such interests in the Revolving
Loans and participations in Letters of Credit outstanding on such date as shall be necessary in
order that, after giving effect to all such assignments and purchases, such Revolving Loans and
participations in Letters of Credit will be held by all the Revolving Lenders (including such
Incremental Revolving Lenders) ratably in accordance with their Pro Rata Shares after giving effect
to the effectiveness of such Incremental Revolving Commitment.

          (f) On the date of effectiveness of Incremental Term Loan Commitments of any Series, subject
to the terms and conditions set forth herein and in the applicable Incremental Facility Agreement,
each Lender holding an Incremental Term Loan Commitment of such Series shall make a loan to the
Borrower in an amount equal to such Lender’s Incremental Term Loan Commitment of such Series.

          (g) The Administrative Agent shall notify the Lenders promptly upon receipt by the
Administrative Agent of any notice from the Borrower referred to in Section 2.23(a) and of the
effectiveness of any Incremental Commitments, in each case advising the Lenders of the details
thereof and, in the case of effectiveness of any Incremental Revolving Commitments, of the Pro Rata
Shares of the Revolving Lenders after giving effect thereto and of the assignments required to be
made pursuant to Section 2.23(e).

          2.24. Loan Modification Offers. (a) The Borrower may on one or more occasions, by written
notice to the Administrative Agent, make one or more offers (each, a “Loan Modification Offer”) to
all the Lenders of one or more Classes (each Class subject to such a Loan Modification Offer, a
“Specified Class”) to make one or more Permitted Amendments pursuant to procedures reasonably
specified by the Administrative Agent and reasonably acceptable to the Borrower. Such notice shall
set forth (i) the terms and conditions of the requested Permitted Amendment and (ii) the date on
which such Permitted Amendment is requested to become effective (which shall not be less than 10
Business Days nor more than 30 Business Days after the date of such notice, unless otherwise agreed
to by the Administrative Agent). Permitted Amendments shall become effective only with respect to
the Loans and Commitments of the Lenders of the Specified Class that accept the applicable Loan
Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting
Lender, only with respect to such Lender’s Loans and Commitments of such Specified Class as to
which such Lender’s acceptance has been made.

          (b) A Permitted Amendment shall be effected pursuant to a Loan Modification Agreement
executed and delivered by Holdings, the Borrower, each applicable Accepting Lender and the
Administrative Agent; provided that no Permitted Amendment shall become effective unless
Holdings and the Borrower shall have delivered to the Administrative Agent such legal opinions,
board resolutions, secretary’s certificates, officer’s certificates and other

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documents as shall
reasonably be requested by the Administrative Agent in connection therewith. The Administrative
Agent shall promptly notify each Lender as to the effectiveness of each Loan Modification
Agreement. Each Loan Modification Agreement may, without the consent of any Lender other than the applicable Accepting Lenders, effect such amendments to
this Agreement and the other Credit Documents as may be necessary or appropriate, in the opinion of
the Administrative Agent, to give effect to the provisions of this Section 2.24, including any
amendments necessary to treat the applicable Loans and/or Commitments of the Accepting Lenders as a
new “Class” of loans and/or commitments hereunder; provided that, in the case of any Loan
Modification Offer relating to Revolving Commitments or Revolving Loans, except as otherwise agreed
to by each Issuing Bank, (i) the allocation of the participation exposure with respect to any
then-existing or subsequently issued Letter of Credit as between the commitments of such new
“Class” and the remaining Revolving Commitments shall be made on a ratable basis as between the
commitments of such new “Class” and the remaining Revolving Commitments and (ii) the Revolving
Commitment Period and the Revolving Maturity Date, as such terms are used in reference to Letters
of Credit, may not be extended without the prior written consent of each Issuing Bank.

          SECTION 3. CONDITIONS PRECEDENT

          3.1. Closing Date. The obligation of each Lender and of each Issuing Bank to make any Credit
Extension shall not become effective until the date on which each of the following conditions shall
be satisfied (or waived in accordance with Section 10.5):

          (a) Credit Agreement. The Administrative Agent shall have received from each party
hereto either (i) a counterpart of this Agreement signed on behalf of such party or (ii) evidence
satisfactory to the Administrative Agent (which may include a facsimile or electronic image scan
transmissions) that such party has signed a counterpart of this Agreement.

          (b) Organizational Documents; Incumbency. The Administrative Agent shall have
received, in respect of each Credit Party and the General Partner, (i) a certificate of such Person
executed by the secretary or assistant secretary of such Person attaching (A) a copy of each
Organizational Document of such Person, which shall, to the extent applicable, be certified as of
the Closing Date or a recent date prior thereto by the appropriate Governmental Authority, (B)
signature and incumbency certificates of the officers of such Person, (C), in the case of each
Credit Party, resolutions of the Board of Directors or similar governing body of such Credit Party
(including in the case of Holdings, the General Partner) approving and authorizing the execution,
delivery and performance of this Agreement and the other Credit Documents to which it is a party or
by which it or its assets may be bound as of the Closing Date, certified as of the Closing Date by
such secretary or assistant secretary as being in full force and effect without modification or
amendment, and (D) a good standing certificate from the applicable Governmental Authority of such
Person’s jurisdiction of organization, dated the Closing Date or a recent date prior thereto, and
(ii) such other documents and certificates as the Administrative Agent may reasonably request
relating to the organization, existence and good standing of each Credit Party and the General
Partner and the authorization of the Transactions, all in form and substance reasonably
satisfactory to the Administrative Agent.

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          (c) Consummation of the Exchange, the GP Transfer, the IDR Purchase and the IPO.
Each of the Exchange, the GP Transfer, the IDR Purchase and the IPO shall have occurred, or
substantially concurrently with the initial funding of the Loans on the Closing Date shall occur,
in each case on terms and conditions consistent in all respects with the information set
forth in the Registration Statement, and the Administrative Agent shall have received
reasonably satisfactory evidence thereof. Holdings shall have received at least $[ ] in gross
cash proceeds from the IPO. Immediately after giving effect to the Transactions, the aggregate
amount of Cash and Cash Equivalents of Holdings and the Subsidiaries shall be at least $125,000,000
(less the amount of fees payable in connection with the Transactions).

          (d) CVR Intercompany Agreements. The Administrative Agent shall have received a copy
of each CVR Intercompany Agreement in effect on the Closing Date, certified by an Authorized
Officer of Holdings as complete and correct as of the Closing Date, and the terms thereof shall be
reasonably satisfactory to the Administrative Agent.

          (e) Other Indebtedness. The Administrative Agent shall have received evidence
reasonably satisfactory to it that, immediately after giving effect to the Transactions, (i) none
of Holdings, the Borrower or any other Subsidiary shall have outstanding any Indebtedness, other
than (A) Indebtedness incurred under the Credit Documents or (B) Indebtedness set forth on Schedule
6.1 and (ii) all the issued and outstanding Equity Interest in Holdings shall either be in the form
of (A) the general partner interest, owned of record by the General Partner, or (B) the common
units representing limited partner interests.

          (f) Governmental Authorizations and Consents. Each Credit Party shall have obtained
all material Governmental Authorizations and all material consents of other Persons that, in each
case, are necessary in connection with the Transactions, and each of the foregoing shall be in full
force and effect.

          (g) Collateral and Guarantee Requirement. The Collateral and Guarantee Requirement
shall have been satisfied. The Collateral Agent shall have received a Collateral Questionnaire in
form and substance reasonably satisfactory to the Collateral Agent, dated the Closing Date, duly
completed and executed by an Authorized Officer of each of Holdings and the Borrower, together with
all attachments contemplated thereby, including the results of a search of the UCC (or equivalent)
filings made with respect to the Credit Parties in the jurisdictions contemplated by the Collateral
Questionnaire and copies of the financing statements (or similar documents) disclosed by such
search and evidence reasonably satisfactory to the Collateral Agent that the Liens indicated by
such financing statements (or similar documents) are Permitted Liens or have been, or substantially
contemporaneously with the initial funding of Loans on the Closing Date will be, released.

          (h) Financial Statements; Projections. The Administrative Agent shall have received
from Holdings (i) the Historical Financial Statements and (ii) the Projections.

          (i) Evidence of Insurance. The Collateral Agent shall have received a certificate
from the applicable Credit Party’s insurance broker or, if such certificate cannot be obtained
without undue effort, other evidence reasonably satisfactory to the Collateral Agent that the
insurance required to be maintained pursuant to Section 5.5 is in full force and effect, together

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with endorsements naming the Collateral Agent, for the benefit of Secured Parties, as additional
insured and loss payee thereunder to the extent required under Section 5.5.

          (j) Opinions of Counsel. The Administrative Agent shall have received a favorable
written opinion (addressed to the Administrative Agent, the Collateral Agent, the Lenders and each
Issuing Bank and dated the Closing Date) of each of (i) Fried, Frank, Harris, Shriver & Jacobson
LLP, counsel for the Credit Parties and the General Partner, and (ii) local counsel for the Credit
Parties in each jurisdiction in which any Credit Party is organized or where a Material Real Estate
Asset is located, and the laws of which are not covered by the opinion referred to in clause (i)
above, in each case in form and substance reasonably satisfactory to the Administrative Agent (and
each Credit Party hereby instructs such counsel to deliver such opinion to the Administrative
Agent).

          (k) Fees. The Borrower shall have paid to the Arrangers, the Administrative Agent
and the Lenders all fees and other amounts due and payable on or prior to the Closing Date pursuant
to the Credit Documents and any commitment letter, engagement letter or fee letter by or among any
Credit Party and any Agent or Arranger or any Affiliate of any of the foregoing in connection with
the credit facilities provided herein.

          (l) Solvency Certificate. The Administrative Agent shall have received the Solvency
Certificate, dated the Closing Date and signed by the chief financial officer of Holdings.

          (m) Closing Date Certificate. The Administrative Agent shall have received the
Closing Date Certificate, dated the Closing Date and signed by the chief financial officer of each
of Holdings and the Borrower, together with all attachments thereto.

          (n) No Litigation. There shall not exist any action, suit, investigation,
litigation, proceeding, hearing or other legal or regulatory development, pending or threatened in
any court or before any arbitrator or Governmental Authority that, individually or in the
aggregate, materially impairs the consummation of the Transactions.

          (o) Letter of Direction. The Administrative Agent shall have received a duly
executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of
itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans to
be made on such date.

          (p) CVR Energy Debt Instruments. Prior to or substantially contemporaneously with
the initial funding of Loans on the Closing Date, (i) the Guarantees of Holdings and each
Subsidiary and the Liens on the assets of Holdings and each Subsidiary securing the indebtedness or
other obligations evidenced or governed by the CVR Energy Debt Instruments, or otherwise created
pursuant thereto, shall have been or shall be discharged and released and (ii) neither Holdings nor
any Subsidiary, nor any of its operations or activities, shall be subject to or covered by the CVR
Energy Debt Instruments (collectively, the “CVR Energy Debt Release”), and the Administrative Agent
shall have received evidence thereof reasonably satisfactory to it. The Administrative Agent shall
have received a certificate of an Authorized Officer of CVR Energy, in form and substance
reasonably satisfactory to the Administrative Agent, certifying

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that the Transactions will not
violate or result (alone or with notice or lapse of time, or both) in a default under the CVR
Energy Debt Instruments, or give rise to a right thereunder to require any payment, repurchase or
redemption to be made thereunder (other than the requirements under the
Coffeyville Resources Senior Secured Notes Indentures of the issuers thereunder to make an
offer to the holders of the notes issued thereunder upon the occurrence of a “Fertilizer Business
Event” (as defined in the Coffeyville Resources Senior Secured Notes Indentures)), or give rise to
a right of, or result in, any termination, cancelation or acceleration or right of renegotiation of
any obligation thereunder. Coffeyville Resources and Coffeyville Finance shall have made, or
substantially concurrently with the initial funding of the Loans on the Closing Date shall make, a
“Fertilizer Business Event Offer” (as defined in the Coffeyville Resources Senior Secured Notes
Indentures) to the holders of the notes issued under the Coffeyville Resources Senior Secured Notes
Indentures in accordance with the Coffeyville Resources Senior Secured Notes Indentures.

          (q) PATRIOT Act. The Lenders shall have received all documentation and other
information required by bank regulatory authorities under applicable “know-your-customer” and
anti-money laundering rules and regulations, including the PATRIOT Act.

          3.2. Each Credit Extension. The obligation of each Lender and of each Issuing Bank to make
any Credit Extension on any Credit Date, including the Closing Date, is subject to the satisfaction
(or waiver in accordance with Section 10.5) of the following conditions precedent:

          (a) the Administrative Agent and, in the case of any issuance, amendment, renewal or
extension of any Letter of Credit, the applicable Issuing Bank shall have received a fully
completed and executed Funding Notice or Issuance Notice, as the case may be;

          (b) the representations and warranties of the Credit Parties set forth herein and in the
other Credit Documents shall be true and correct in all material respects on and as of such Credit
Date to the same extent as though made on and as of such Credit Date, except to the extent such
representations and warranties specifically relate to an earlier date, in which case such
representations and warranties shall have been true and correct in all material respects on and as
of such earlier date; provided that, in each case, such materiality qualifier shall not be
applicable to any representations and warranties that already are qualified or modified by
materiality in the text thereof;

          (c) at the time of and immediately after giving effect to such Credit Extension, no Default
or Event of Default shall have occurred and be continuing or would result therefrom; and

          (d) in the case of any issuance, amendment, renewal or extension of any Letter of Credit, the
Administrative Agent and the applicable Issuing Bank shall have received all other information
required by the applicable Issuance Notice, and such other documents or information as such Issuing
Bank may reasonably require in connection with the issuance of such Letter of Credit.

On the date of any Credit Extension, Holdings and the Borrower shall be deemed to have represented
and warranted that the conditions specified in this Section 3.2 have been satisfied and that, after
giving effect to such Credit Extension, the Total Utilization of Revolving

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Commitments (or any component thereof) shall not exceed the maximum amount thereof (or the
maximum amount of any such component) specified in Section 2.2(a) or 2.3(a).

          SECTION 4. REPRESENTATIONS AND WARRANTIES

          In order to induce the Lenders and the Issuing Banks to enter into this Agreement and to make
each Credit Extension to be made thereby, each Credit Party represents and warrants to each Lender
and each Issuing Bank, on the Closing Date and on each Credit Date, as follows:

          4.1. Organization; Requisite Power and Authority; Qualification. Holdings and each Subsidiary
(a) is duly organized and validly existing under the laws of its jurisdiction of organization, (b)
has all corporate or other organizational power and authority and all material Governmental
Authorizations required to own and operate its properties and to carry on its business and
operations as now conducted and as proposed to be conducted and (c) is qualified to do business and
in good standing under the laws of its jurisdiction of organization and every other jurisdiction
where its assets are located or where such qualification is necessary to carry out its business and
operations, except, in the case of clauses (a) (other than with respect to the Borrower) and (c),
where the failure to be so organized, existing, qualified or in good standing has not had and could
not reasonably be expected to result in a Material Adverse Effect.

          4.2. Equity Interests and Ownership. The Equity Interests in Holdings and each Subsidiary
have been duly authorized and validly issued and, to the extent such concept is applicable, are
fully paid and non-assessable. Except as set forth on Schedule 4.2, as of the date hereof, there
is no existing option, warrant, call, right, commitment or other agreement to which Holdings or any
Subsidiary is a party requiring, and there are no Equity Interests in Holdings or any Subsidiary
outstanding that upon conversion or exchange would require, the issuance by Holdings or any
Subsidiary of any additional Equity Interests or other Securities convertible into, exchangeable
for or evidencing the right to subscribe for or purchase any Equity Interests in Holdings or any
Subsidiary. Schedule 4.2 sets forth, as of the date hereof, the name and jurisdiction of
organization of, and the percentage of each class of Equity Interests owned by Holdings or any
Subsidiary in, (a) each Subsidiary and (b) each joint venture in which Holdings or any Subsidiary
owns any Equity Interests. Schedule 4.2 sets forth, as of the date hereof (both before and after
giving effect to the Transactions), the percentage of each class of Equity Interests owned by any
Permitted Holder in Holdings.

          4.3. Due Authorization. The Transactions to be entered into by any Credit Party are within
its corporate or other organizational powers and have been duly authorized by all necessary
corporate or other organizational and, if required, stockholder or other equityholder action on the
part of such Credit Party.

          4.4. No Conflict. The Transactions do not and will not (a) violate any applicable law,
including any order of any Governmental Authority, except to the extent any such violation,
individually or in the aggregate, could not reasonably be expected to result in a Material Adverse
Effect, (b) violate the Organizational Documents of Holdings or any Subsidiary, (c) violate or
result (alone or with notice or lapse of time, or both) in a default under any Contractual
Obligation of Holdings or any Subsidiary, or give rise to a right thereunder to require any
payment, repurchase or redemption to be made by Holdings or any Subsidiary (other

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than the Coffeyville Resources Distribution and the IDR Purchase), or give rise to a right of,
or result in, any termination, cancelation or acceleration or right of renegotiation of any
obligation thereunder, except to the extent any of the foregoing, individually or in the aggregate,
could not reasonably be expected to result in a Material Adverse Effect, and (d) except for Liens
created under the Credit Documents, result in the creation or imposition of any Lien on any asset
of Holdings or any Subsidiary.

          4.5. Governmental Approvals. The Transactions do not and will not require any registration
with, consent or approval of, notice to, or other action by any Governmental Authority, except for
(a) such of the foregoing as have been obtained or made and are in full force and effect, (b)
filings and recordings with respect to the Collateral necessary to perfect Liens created under the
Credit Documents, (c) in connection with the IPO, the filing of the Registration Statement with the
SEC and the declaration by the SEC of the effectiveness of the Registration Statement and (d) with
respect to the Related Transactions (other than the IPO), such of the foregoing the absence of
which, individually or in the aggregate, could not reasonably be expected to have a Material
Adverse Effect.

          4.6. Binding Obligation. Each Credit Document has been duly executed and delivered by each
Credit Party that is a party thereto and is the legally valid and binding obligation of such Credit
Party, enforceable against such Credit Party in accordance with its terms, except as enforceability
may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or
limiting creditors’ rights generally or by equitable principles relating to enforceability.

          4.7. Historical Financial Statements. The Historical Financial Statements were prepared in
conformity with GAAP and fairly present, in all material respects, the financial position, on a
consolidated basis, of Holdings as of the respective dates thereof and the results of operations
and cash flows, on a consolidated basis, of Holdings for each of the periods then ended. As of the
Closing Date, neither Holdings nor any Subsidiary has any contingent liability or liability for
Taxes, long-term lease or unusual forward or long-term commitment that is not reflected in the
Historical Financial Statements or the notes thereto and that, in any such case, is material in
relation to the business, results of operations, assets, liabilities or condition (financial or
otherwise) of Holdings and the Subsidiaries, taken as a whole.

          4.8. Projections. The Projections have been prepared in good faith based upon assumptions
that were believed by Holdings to be reasonable at the time made and are believed by Holdings to be
reasonable on the Closing Date, it being understood and agreed that the Projections are not a
guarantee of financial or other performance and actual results may differ therefrom and such
differences may be material.

          4.9. No Material Adverse Effect. Since December 31, 2010, there has been no event or
condition that has had, or could reasonably be expected to have, individually or in the aggregate,
a Material Adverse Effect.

          4.10. Adverse Proceedings. There are no Adverse Proceedings that (a) individually or in the
aggregate could reasonably be expected to result in a Material Adverse

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Effect or (b) in any manner question the validity or enforceability of any of the Credit
Documents or otherwise involve any of the Credit Documents or the Transactions.

          4.11. Taxes. (a) Holdings and each Subsidiary has timely filed or caused to be filed all
material Tax returns and reports required to have been filed and has paid or caused to be paid all
Taxes required to have been paid by it, except where (i)(A) the validity or amount thereof is being
contested in good faith by appropriate proceedings, (B) Holdings or such Subsidiary, as applicable,
has set aside on its books reserves with respect thereto to the extent required by GAAP and (C)
such contest effectively suspends collection of the contested obligation and the enforcement of any
Lien securing such obligation or (ii) the failure to do so could not, individually or in the
aggregate, reasonably be expected to result in a Material Adverse Effect.

          (b) Neither Holdings nor the Borrower has elected to be treated as a corporation for United
States federal income tax purposes. As of the Closing Date, Holdings has always been treated as a
partnership for United States federal income tax purposes.

          4.12. Properties. (a) Holdings and each Subsidiary has (i) good, sufficient, legal and
insurable title to (in the case of fee interests in real property), (ii) valid leasehold interests
in (in the case of leasehold interests in real or personal property), (iii) valid licensed rights
(in the case of licensed interests in Intellectual Property) and (iv) good title to (in the case of
all other personal property) all of their assets reflected in the Historical Financial Statements
or, after the first delivery thereof, in the financial statements most recently delivered pursuant
to Section 5.1(a) or 5.1(b), in each case except for assets disposed of since the date of such
financial statements in the ordinary course of business or as otherwise permitted by this
Agreement. No asset of Holdings or any Subsidiary, or any title thereto, is held in the name of
the General Partner or any Affiliate (other than Holdings or any Subsidiary) or nominee thereof.

          (b) Holdings, the Borrower and each other Subsidiary owns, or is licensed to use, all
Intellectual Property that is necessary for the conduct of its business as currently conducted, and
proposed to be conducted, and without conflict with the rights of any other Person, except to the
extent any such conflict, individually or in the aggregate, could not reasonably be expected to
result in a Material Adverse Effect. No Intellectual Property used by Holdings, the Borrower or
any other Subsidiary in the operation of its business infringes upon the rights of any other
Person, except for any such infringements that, individually or in the aggregate, could not
reasonably be expected to result in a Material Adverse Effect. No claim or litigation regarding
any Intellectual Property owned or used by Holdings, the Borrower or any other Subsidiary is
pending or, to the knowledge of Holdings, the Borrower or any other Subsidiary, threatened against
Holdings, the Borrower or any other Subsidiary that, individually or in the aggregate, could
reasonably be expected to result in a Material Adverse Effect.

          (c) (i) Set forth on Schedule 4.12 is true and complete list, as of the Closing Date, of (i)
all Real Estate Assets (including all easements benefiting any Real Estate Asset or necessary for
the utilization or operation thereof) and (ii) all leases, subleases or assignments of leases,
together with all amendments, modifications, supplements, renewals or extensions thereof, affecting
any Real Estate Asset of any Credit Party, regardless of whether such Credit Party is the landlord
or tenant (whether directly or as an assignee or successor-in-interest) under

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such lease, sublease or assignment. Each lease, sublease or assignment referred to in clause
(ii) above is in full force and effect as of the Closing Date and constitutes a legally valid and
binding obligation of each applicable Credit Party, enforceable against such Credit Party in
accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency,
reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally or
by equitable principles relating to enforceability. Neither Holdings nor any Subsidiary has any
knowledge of any default that has occurred and is continuing on the Closing Date under any such
lease, sublease or assignment.

     (ii) Except for any Permitted Encumbrances, all pipelines, pipeline easements, utility
lines, utility easements and other easements, servitudes and rights-of-way burdening or
benefiting the Real Estate Assets do not materially interfere with or prevent any operations
conducted on the Real Estate Assets by Holdings or any Subsidiary. Except for Permitted
Encumbrances, with respect to any pipeline, utility, access or other easements, servitudes,
and licenses located on or directly serving the Real Estate Assets and owned or used by
Holdings or any Subsidiary in connection with its operations on the Real Estate Assets, to
the knowledge of Holdings and the Borrower, such agreements are in full force and effect
other than agreements that, individually or in the aggregate, are not material to Holdings
and the Subsidiaries, taken as a whole, and no defaults exist thereunder and no events or
conditions exist which, with or without notice or lapse of time or both, would constitute a
default thereunder or result in a termination, except for such failures, defaults,
terminations and other matters that, individually or in the aggregate, could not reasonably
be expected to result in a Material Adverse Effect.

     (iii) Neither Holdings nor any Subsidiary has received any notice, or has any
knowledge, of any pending or contemplated Condemnation Event of any Real Estate Asset.

     (iv) Neither Holdings nor any Subsidiary is obligated under any right of first
refusal, option or other contractual right to sell, assign or otherwise dispose of any
Material Real Estate Asset or any interest therein.

          (d) On the Closing Date, the assets of Holdings and the Subsidiaries (including rights under
the CVR Intercompany Agreements and other agreements) will be sufficient to operate the Coffeyville
Facility and otherwise conduct their business in the ordinary course of business in the manner
consistent with the description thereof in the Registration Statement.

          4.13. Environmental Matters. (a) On the Closing Date, except as set forth on Schedule 4.13 or
as would not reasonably be expected to result in a material liability or obligation of Holdings or
any Subsidiary or in a material impairment of the value of any Facility or the imposition of any
material activity, use or deed restriction on such real property and (b) on each Credit Date,
except as could not reasonably be expected, individually or in the aggregate, to result in a
Material Adverse Effect: (i) Holdings and the Subsidiaries are, and have been since March 2004, in
compliance with all applicable Environmental Laws and have obtained and are, and have been since
March 2004, in compliance with the terms of any Governmental Authorizations required under such
Environmental Laws (“Environmental Permits”); (ii) there are no Environmental Claims pending or, to
the knowledge of Holdings or any Subsidiary,

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threatened, against Holdings or any Subsidiary; (iii) no Lien, other than a Permitted Lien,
has been recorded or, to the knowledge of Holdings or any Subsidiary, threatened under any
Environmental Law with respect to any Facility owned by Holdings or any Subsidiary; (iv) neither
Holdings nor any Subsidiary has assumed or accepted responsibility, either by contract or operation
of law, for any liability of any other Person under any Environmental Law; (v) there are no facts,
circumstances, conditions, events or occurrences with respect to the past or present business,
operations, properties or facilities of Holdings or any Subsidiary, or any of their respective
predecessors, that could reasonably be expected to give rise to any Environmental Claim or any
liability under any Environmental Law; and (vi) neither Holdings nor any Subsidiary is subject to
any order, consent decree or binding agreement arising under Environmental Law, or has received any
letter or request for information under Section 104(e) of CERCLA or any comparable state law.

          4.14. No Defaults. Neither Holdings nor any Subsidiary is in default in the performance,
observance or fulfillment of any of the obligations, covenants or conditions contained in any of
its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse
of time or both, could constitute such a default, except where any of the foregoing, individually
or in the aggregate, has not had and could not reasonably be expected to have a Material Adverse
Effect. No Default or Event of Default has occurred and is continuing.

          4.15. Agreements. (a) Set forth on Schedule 4.15(a) is a true and complete list of all
Material Contracts of Holdings and the Subsidiaries in effect on the Closing Date (other than the
Existing CVR Intercompany Agreements). Except as otherwise set forth on Schedule 4.15(a), as of
the Closing Date, to the knowledge of Holdings and the Subsidiaries, each such Material Contract is
in full force and effect and none of the parties thereto is in default in the performance,
observance or fulfillment of any of the obligations, covenants or conditions contained in any such
Material Contract, and no condition exists that, with the giving of notice or the lapse of time or
both, could constitute such a default.

          (b) Set forth in Schedule 4.15(b) is a true and complete list of each Contractual Obligation
between Holdings or any Subsidiary, on the one hand, and any CVR Energy Entity, on the other hand,
in effect on the Closing Date.

          (c) Neither Holdings nor any Subsidiary is a party to any agreement or instrument that,
individually or in the aggregate, has had or could reasonably be expected to have a Material
Adverse Effect.

          4.16. Governmental Regulation. Neither Holdings nor any Subsidiary is subject to regulation
under the Public Utility Holding Company Act of 2005, the Federal Power Act or under any other
federal or state statute or regulation that may limit its ability to incur Indebtedness or that may
otherwise render all or any portion of the Obligations unenforceable. Neither Holdings nor any
Subsidiary is a “registered investment company” or a company “controlled” by a “registered
investment company” or a “principal underwriter” of a “registered investment company”, as such
terms are defined in the Investment Company Act of 1940.

          4.17. Margin Stock. Neither Holdings nor any Subsidiary owns any Margin Stock.

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          4.18. Employee Matters. Neither Holdings nor any Subsidiary is engaged in any unfair labor
practice that, individually or in the aggregate, has had or could reasonably be expected to have a
Material Adverse Effect. Except as could not reasonably be expected to have a Material Adverse
Effect, there is (a) no unfair labor practice complaint pending against Holdings nor any
Subsidiary, or to the knowledge of Holdings or any Subsidiary, threatened against any of them
before the National Labor Relations Board, (b) no grievance or arbitration proceeding arising out
of or under any collective bargaining agreement that is pending against Holdings or any Subsidiary,
or to the knowledge of Holdings or any Subsidiary, threatened against any of them, (c) no strike or
work stoppage in existence or, to the knowledge of Holdings or any Subsidiary, threatened involving
Holdings or any Subsidiary and (d) to the knowledge of Holdings or any Subsidiary, no union
representation question exists with respect to the employees of Holdings or any Subsidiary and no
union organization activity that is taking place.

          4.19. Employee Benefit Plans. Holdings, each Subsidiary and each of their respective ERISA
Affiliates is in compliance with all applicable provisions and requirements of ERISA and the
Internal Revenue Code and the regulations and published interpretations thereunder with respect to
each Employee Benefit Plan, and has performed all its obligations under each Employee Benefit Plan.
Each Employee Benefit Plan which is intended to qualify under Section 401(a) of the Internal
Revenue Code has received a favorable determination letter from the Internal Revenue Service
indicating that such Employee Benefit Plan is so qualified and nothing has occurred subsequent to
the issuance of such determination letter which would cause such Employee Benefit Plan to lose its
qualified status. No liability to the PBGC (other than required premium payments), the Internal
Revenue Service, any Employee Benefit Plan or any trust established under Title IV of ERISA has
been or is expected to be incurred by Holdings, any Subsidiary or any of their respective ERISA
Affiliates. No ERISA Event has occurred or is reasonably expected to occur. Except to the extent
required under Section 4980B of the Internal Revenue Code or similar state laws, no Employee
Benefit Plan provides health or welfare benefits (through the purchase of insurance or otherwise)
for any retired or former employee of Holdings, any Subsidiary or any of their respective ERISA
Affiliates. The present value of the aggregate benefit liabilities under each Pension Plan
sponsored, maintained or contributed to by Holdings, any Subsidiary or any of their respective
ERISA Affiliates (determined as of the end of the most recent plan year on the basis of the
actuarial assumptions specified for funding purposes in the most recent actuarial valuation for
such Pension Plan), did not exceed the aggregate current value of the assets of such Pension Plan.
As of the most recent valuation date for each Multiemployer Plan for which the actuarial report is
available, the potential liability of Holdings, the Subsidiaries and their respective ERISA
Affiliates for a complete withdrawal from such Multiemployer Plan (within the meaning of Section
4203 of ERISA), when aggregated with such potential liability for a complete withdrawal from all
Multiemployer Plans, based on information available pursuant to Section 4221(e) of ERISA is zero.
Holdings, each Subsidiary and each of their respective ERISA Affiliates has complied with the
requirements of Section 515 of ERISA with respect to each Multiemployer Plan and is not in material
“default” (as defined in Section 4219(c)(5) of ERISA) with respect to payments to a Multiemployer
Plan.

          4.20. Solvency. The Credit Parties, taken as a whole, are on the Closing Date, before and
after the consummation of the Transactions to occur on the Closing Date, and will be on each date
on which this representation and warranty is made, before and after the making of

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any Credit Extension on such date, Solvent, in each case after giving effect to the rights of
subrogation and contribution hereunder..

          4.21. Compliance with Laws. Holdings and each Subsidiary is in compliance with all applicable
laws, including all orders and other restrictions imposed by any Governmental Authority, in respect
of the conduct of its business and the ownership of its properties, except where such failure to
comply, individually or in the aggregate, has not had and could not reasonably be expected to have
a Material Adverse Effect.

          4.22. Disclosure. No Credit Document nor any of the documents, certificates or other written
statements furnished to the Arrangers, any Agent or any Lender by or on behalf of Holdings or any
Subsidiary in connection with the negotiation of this Agreement or any other Credit Document or
otherwise in connection with the transactions contemplated hereby or thereby contains any untrue
statement of a material fact or omits to state a material fact (known to Holdings or any
Subsidiary, in the case of any document not furnished by any of them) necessary in order to make
the statements contained therein, taken as a whole, not misleading in light of the circumstances
under which they were made; provided that, with respect to financial projections, the
Credit Parties represent only that such information was prepared in good faith based upon
assumptions believed by the Credit Parties to be reasonable at the time made and at the time such
information is so furnished and, if furnished prior to the Closing Date, as of the Closing Date (it
being understood that such information is not a guarantee of financial or other performance and
actual results may differ therefrom and that such differences may be material).

          4.23. Collateral Matters. (a) The Pledge and Security Agreement, upon execution and delivery
thereof by the parties thereto, will create in favor of the Collateral Agent, for the benefit of
the Secured Parties, a valid and enforceable security interest in the Collateral (as defined
therein) and (i) when the Collateral (as defined therein) constituting certificated securities (as
defined in the UCC) is delivered to the Collateral Agent, together with instruments of transfer
duly endorsed in blank, the security interest created under the Pledge and Security Agreement will
constitute a fully perfected security interest in all right, title and interest of the pledgors
thereunder in such Collateral, prior and superior in right to any other Person, and (ii) when
financing statements in appropriate form are filed in the applicable filing offices, the security
interest created under the Pledge and Security Agreement will constitute a fully perfected security
interest in all right, title and interest of the Credit Parties in the remaining Collateral (as
defined therein) to the extent perfection can be obtained by filing UCC financing statements, prior
and superior in right to the rights of any other Person, except for rights secured by Permitted
Liens.

          (b) Each Mortgage, upon execution and delivery thereof by the parties thereto, will create in
favor of the Collateral Agent, for the benefit of the Secured Parties, a legal, valid and
enforceable security interest in all the applicable mortgagor’s right, title and interest in and to
the Material Real Estate Assets subject thereto and the proceeds thereof, and when the Mortgages
have been filed in the jurisdictions specified therein, the Mortgages will constitute a fully
perfected security interest in all right, title and interest of the mortgagors in the Material Real
Estate Assets subject thereto and the proceeds thereof, prior and superior in right to any other
Person, but subject to Permitted Encumbrances.

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          (c) Upon the recordation of the Intellectual Property Security Agreements with the United
States Patent and Trademark Office or the United States Copyright Office, as applicable, and the
filing of the financing statements referred to in Section 4.23(a), the security interest created
under the Pledge and Security Agreement will constitute a fully perfected security interest in all
right, title and interest of the Credit Parties in the Intellectual Property (as defined in the
Pledge and Security Agreement) in which a security interest may be perfected by filing in the
United States Patent and Trademark Office or United States Copyright Office, in each case prior and
superior in right to any other Person, but subject to Permitted Liens (it being understood that
subsequent recordings in the United States Patent and Trademark Office or the United States
Copyright Office may be necessary to perfect a security interest in such Intellectual Property
acquired by the Credit Parties after the Closing Date).

          (d) Each Collateral Document, other than any Collateral Document referred to in the preceding
paragraphs of this Section 4.23, upon execution and delivery thereof by the parties thereto and the
making of the filings and taking of the other actions provided for therein, will be effective under
applicable law to create in favor of the Collateral Agent, for the benefit of the Secured Parties,
a valid and enforceable security interest in the Collateral subject thereto, and will constitute a
fully perfected security interest in all right, title and interest of the Credit Parties in the
Collateral subject thereto, prior and superior to the rights of any other Person, except for rights
secured by Permitted Liens.

          4.24. Insurance. Schedule 4.24 sets forth a true and complete description of all insurance
maintained by or on behalf of Holdings and the Subsidiaries as of the date hereof. As of the date
hereof, such insurance is in full force and effect and all premiums thereunder have been duly paid.
Holdings and the Subsidiaries have insurance in such amounts and covering such risks and
liabilities as are required under Section 5.5.

          4.25. PATRIOT Act. To the extent applicable, each Credit Party is in compliance, in all
material respects, with (a) the Trading with the Enemy Act and each of the foreign assets control
regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V) and any other
enabling legislation or executive order relating thereto, and (b) the PATRIOT Act. No part of the
proceeds of the Loans will be used, directly or indirectly, for any payments to any governmental
official or employee, political party, official of a political party, candidate for political
office, or anyone else acting in an official capacity, in order to obtain, retain or direct
business or obtain any improper advantage, in violation of the United States Foreign Corrupt
Practices Act of 1977.

          4.26. OFAC. No Credit Party (a) is a person whose property or interests in property are
blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23, 2001
Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or
Support Terrorism (66 Fed. Reg. 49079 (2001)), (b) engages in any dealings or transactions
prohibited by Section 2 of such executive order, or is otherwise associated with any such person in
any manner violative of Section 2, or (c) is a Person on the list of Specially Designated Nationals
and Blocked Persons or subject to the limitations or prohibitions under any other regulation of
executive order of the U.S. Department of Treasury’s Office of Foreign Assets Control.

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          SECTION 5. AFFIRMATIVE COVENANTS

          Until the Commitments shall have expired or been terminated and the principal of and interest
on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit
shall have expired or been terminated and the Letter of Credit Usage shall have been reduced to
zero, each of the Credit Parties covenants and agrees with the Agents and the Lenders that:

          5.1. Financial Statements and Other Reports. Holdings and the Borrower will deliver to the
Administrative Agent and the Lenders:

          (a) Quarterly Financial Statements. As soon as available, and in any event within 45
days after the end of each of the first three Fiscal Quarters of each Fiscal Year, the consolidated
balance sheet of Holdings and the Subsidiaries as of the end of such Fiscal Quarter and the related
consolidated statements of operations, partners’ capital/divisional equity and cash flows of
Holdings and the Subsidiaries for such Fiscal Quarter and for the period from the beginning of the
then current Fiscal Year to the end of such Fiscal Quarter, setting forth in each case in
comparative form the corresponding figures for the corresponding periods of (or, in the case of the
balance sheet, as of the end of) the previous Fiscal Year, together with a Financial Officer
Certification;

          (b) Annual Financial Statements. As soon as available, and in any event within 90
days after the end of each Fiscal Year, the consolidated balance sheet of Holdings and the
Subsidiaries as of the end of such Fiscal Year and the related consolidated statements of
operations, partners’ capital/divisional equity and cash flows of Holdings and the Subsidiaries for
such Fiscal Year, setting forth in each case in comparative form the corresponding figures for the
previous Fiscal Year, together with (i) a report thereon of KPMG LLP or other independent
registered public accounting firm of recognized national standing (which report shall be
unqualified as to going concern and scope of audit, and shall state that such consolidated
financial statements fairly present, in all material respects, the consolidated financial position
of Holdings and the Subsidiaries as of the dates indicated and the results of their operations and
their cash flows for the periods indicated in conformity with GAAP applied on a basis consistent
with prior years (except as otherwise disclosed in such financial statements) and that the
examination by such accounting firm in connection with such consolidated financial statements has
been made in accordance with generally accepted auditing standards) and (ii) a written statement by
such independent registered public accounting firm stating (A) that the audit examination of such
firm has included a review of the terms of Section 6.7 and the related definitions and (B) whether,
in connection therewith, any condition or event that constitutes a Default or an Event of Default
with respect to any financial matter under Section 6.7 has come to its attention and, if such a
condition or event has come to its attention, specifying the nature and period of existence thereof
(which statements may be limited to the extent required by accounting rules or guidelines);

          (c) Compliance Certificate. Together with each delivery of the consolidated
financial statements of Holdings and the Subsidiaries pursuant to Section 5.1(a) or 5.1(b),
commencing with the delivery of the consolidated financial statements of Holdings and the
Subsidiaries pursuant to Section 5.1(a) as of and for the first Fiscal Quarter that shall have
ended

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after the Closing Date, a completed Compliance Certificate signed by the chief financial
officer of each of Holdings and the Borrower;

          (d) Statements of Reconciliation after Change in Accounting Principles. If, as a
result of any change in GAAP or in the application thereof since the date of the most recent
balance sheet included in the Historical Financial Statements, the consolidated financial
statements of Holdings delivered pursuant to Section 5.1(a) or 5.1(b) will differ in any material
respect from the consolidated financial statements that would have been delivered pursuant to such
Sections had no such change occurred, then, together with the first delivery of such financial
statements after such change, one or more statements of reconciliation specifying in reasonable
detail the effect of such change on such financial statements, including those for the prior
period;

          (e) Notice of Default and Material Adverse Effect. Promptly upon any officer of
Holdings or the Borrower obtaining knowledge of (i) the occurrence of, or the receipt by Holdings
or the Borrower of any notice claiming the occurrence of, any Default or Event of Default or (ii)
any event or condition that has had, or could reasonably be expected to have, individually or in
the aggregate, a Material Adverse Effect, a certificate executed by an Authorized Officer of
Holdings and the Borrower setting forth the details of any event or condition requiring such notice
and any action Holdings and the Borrower have taken, are taking or propose to take with respect
thereto;

          (f) Notice of Adverse Proceeding. Promptly upon any officer of Holdings or the
Borrower obtaining knowledge of any Adverse Proceeding, or any development therein, not previously
disclosed in writing by Holdings or the Borrower to the Administrative Agent and the Lenders that,
in each case, (i) if adversely determined could reasonably be expected to have a Material Adverse
Effect or (ii) in any manner questions the validity or enforceability of any of the Credit
Documents or otherwise involves any of the Credit Documents or the Transactions, a certificate of
an Authorized Officer of Holdings and the Borrower setting forth the details of such Adverse
Proceeding or development;

          (g) ERISA. (i) Promptly upon becoming aware of the occurrence of or forthcoming
occurrence of any ERISA Event, a written notice specifying the nature thereof, what action
Holdings, any Subsidiary or any of their respective ERISA Affiliates has taken, is taking or
proposes to take with respect thereto and, when known, any action taken or threatened by the
Internal Revenue Service, the Department of Labor or the PBGC with respect thereto; and (ii) with
reasonable promptness after request by the Administrative Agent or any Lender, copies of (A) each
Schedule B (Actuarial Information) to the annual report (Form 5500 Series) filed by Holdings, any
Subsidiary or any of their respective ERISA Affiliates with the Internal Revenue Service with
respect to each Pension Plan; (B) all notices received by Holdings, any Subsidiary or any of their
respective ERISA Affiliates from a Multiemployer Plan sponsor concerning an ERISA Event; and (C)
copies of such other documents or governmental reports or filings relating to any Plan as the
Administrative Agent may reasonably request;

          (h) Financial Plan. As soon as practicable and in any event no later than 30 days
after the beginning of each Fiscal Year, a consolidated plan and financial forecast for such Fiscal
Year (a “Financial Plan”), including (i) a forecasted consolidated balance sheet and forecasted

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consolidated statements of operations and cash flows of Holdings and the Subsidiaries for such
Fiscal Year, and an explanation of the assumptions on which such forecasts are based, and (ii)
forecasted consolidated statements of operations and cash flows of Holdings and the Subsidiaries
for each Fiscal Quarter of such Fiscal Year;

          (i) Insurance Report. Within 90 days after the end of each Fiscal Year, a
certificate of an Authorized Officer of each of Holdings and the Borrower and, except where such
report cannot be obtained without undue effort, a report of an independent insurance broker, signed
by an officer of such broker, each setting forth the insurance then maintained by or on behalf of
Holdings and the Subsidiaries (identifying underwriters, carriers, the type of insurance and the
insurance limits) and stating that in their opinion such insurance complies with the terms of
Section 5.5, together with evidence of payment of the premiums then due thereon;

          (j) Notice Regarding Material Contracts (other than CVR Intercompany Agreements). No
later than 10 Business Days after (i) any counterparty to any Material Contract (other than any CVR
Intercompany Agreement) notifies Holdings or any Subsidiary that Holdings or any Subsidiary has
breached or failed to comply with any of its covenants and obligations under any Material Contract,
to the extent such breach or failure to comply could reasonably be expected to result in a Material
Adverse Effect, or (ii) any Material Contract (other than any CVR Energy Agreement) is entered into
by Holdings or any Subsidiary, a written notice thereof and, in the case of clause (i), an
explanation of any actions being taken by Holdings or any Subsidiary with respect thereto and, in
the case of clause (ii), a copy of such Material Contract (to the extent the delivery thereof is
not prohibited under the terms of such Material Contract (other than any such prohibition that
shall have been agreed to by Holdings or such Subsidiary with the intent of avoiding compliance
with this Section 5.1(j));

          (k) Notice Regarding CVR Intercompany Agreements. No later than 10 Business Days
after (i) any CVR Energy Entity notifies Holdings or any Subsidiary of ceasing to provide any
service theretofore provided by it under any CVR Intercompany Agreement, if such cessation could
reasonably be expected to have a Material Adverse Effect, (ii) any CVR Intercompany Agreement
expires (without a renewal thereof) or is terminated (or notice of termination thereof, or of any
agreements set forth therein, has been provided by or to Holdings or any Subsidiary), (iii) any CVR
Energy Entity notifies Holdings or any Subsidiary that Holdings or any Subsidiary has breached or
failed to comply with any of its covenants and obligations under any CVR Intercompany Agreement,
(iv) any officer of Holdings or any Subsidiary obtains knowledge of any CVR Energy Entity having
breached or failed to comply with any of its covenants and obligations under any CVR Intercompany
Agreement, in each case to the extent such breach or failure could reasonably be expected to result
in a Material Adverse Effect, or (v) any CVR Intercompany Agreement is entered into by Holdings or
any Subsidiary, a written notice thereof and, in the case of clauses (i), (ii), (iii) and (iv), an
explanation of any actions being taken by Holdings or any Subsidiary with respect thereto and, in
the case of clause (v), a copy of such CVR Intercompany Agreement;

          (l) Information Regarding Credit Parties. Prompt written notice of any change in (i)
any Credit Party’s legal name, as set forth in its Organizational Documents, (ii) any Credit
Party’s form of organization, (iii) any Credit Party’s jurisdiction of organization, (iv) the
location of the chief executive office of any Credit Party or (v) any Credit Party’s Federal
Taxpayer

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Identification Number or state organizational identification number, with each Credit Party
hereby agreeing not to effect or permit any such change unless all filings have been made under the
UCC or otherwise that are required in order for the Collateral Agent to continue at all times
following such change to have a valid, legal and perfected security interest in all the Collateral
as contemplated in the Collateral Documents;

          (m) Collateral Verification. Within 90 days after the end of each Fiscal Quarter, a
Supplemental Collateral Questionnaire (i) setting forth the information required pursuant to the
Collateral Questionnaire and indicating in a manner reasonably satisfactory to the Collateral Agent
any changes in such information from the most recent Supplemental Collateral Questionnaire
delivered pursuant to this clause (m) (or, prior to the first delivery of any such Supplemental
Collateral Questionnaire, from the Collateral Questionnaire delivered on the Closing Date) or (ii)
certifying that there has been no change in such information from the most recent Supplemental
Collateral Questionnaire delivered pursuant to this clause (m) (or, prior to the first delivery of
any such Supplemental Collateral Questionnaire, from the Collateral Questionnaire delivered on the
Closing Date);

          (n) Filed or Distributed Information. Promptly upon their becoming available, copies
of (i) all financial statements, reports, notices and proxy statements sent or made available
generally by Holdings to its security holders acting in such capacity or by any Subsidiary to its
security holders other than Holdings or another Subsidiary, (ii) all regular and periodic reports
and all registration statements and prospectuses, if any, filed by Holdings or any Subsidiary with
any securities exchange or with the SEC or any other Governmental Authority and (iii) all press
releases and other statements made available generally by Holdings or any Subsidiary to the public
concerning material developments in the business of Holdings or any Subsidiary; and

          (o) Other Information. Promptly after any request therefor, such other information
regarding the business, results of operations, assets, liabilities (including contingent
liabilities) and condition (financial or otherwise) of Holdings or any Subsidiary, or compliance
with the terms of any Credit Document, as any Agent or any Lender may reasonably request.

Holdings, the Borrower and each Lender acknowledge that certain of the Lenders may be Public
Lenders and, if documents or notices required to be delivered pursuant to this Section 5.1 or
otherwise are being distributed through the Platform, any document or notice that Holdings or the
Borrower has indicated contains Non-Public Information shall not be posted on the portion of the
Platform that is designated for Public Lenders. Holdings and the Borrower agree to clearly
designate all information provided to the Administrative Agent by or on behalf of any of them that
is suitable to make available to Public Lenders. If Holdings or the Borrower has not indicated
whether a document or notice delivered pursuant to this Section 5.1 contains Non-Public
Information, the Administrative Agent reserves the right to post such document or notice solely on
the portion of the Platform that is designated for Lenders that wish to receive material Non-Public
Information with respect to Holdings, the Subsidiaries or their Securities.

Information required to be delivered pursuant to Section 5.1(a), 5.1(b) or 5.1(m) shall be deemed
to have been delivered if such information, or one or more annual or quarterly reports containing
such information, shall have been posted by the Administrative Agent on the Platform or shall be
available on the website of the SEC at http://www.sec.gov or on the website of Holdings

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(provided, in each case, that Holdings or the Borrower has notified the Administrative
Agent that such information is available on such website and, if requested by the Administrative
Agent, shall have provided hard copies to the Administrative Agent). Information required to be
delivered pursuant to this Section 5.1 may also be delivered by electronic communications pursuant
to procedures approved by the Administrative Agent. Each Lender shall be solely responsible for
timely accessing posted documents and maintaining its copies of such documents.

          5.2. Existence. Except as otherwise permitted under Section 6.8, Holdings will, and will
cause each Subsidiary to, at all times preserve and keep in full force and effect its existence and
all rights and franchises, licenses and permits material to its business; provided that no
Subsidiary (other than the Borrower) shall be required to preserve its existence if Holdings and
the Borrower shall have determined that the preservation thereof is no longer desirable in the
conduct of the business of the Borrower and that the loss thereof is not disadvantageous in any
material respect to Holdings and the Subsidiaries or to the Lenders.

          5.3. Payment of Taxes and Claims. Holdings will, and will cause each Subsidiary to, pay all
Taxes imposed upon it or any of its properties or in respect of any of its income, businesses or
franchises before any penalty or fine accrues thereon, and all claims (including claims for labor,
services, materials and supplies) for sums that have become due and payable and that by law have
become or may become a Lien on any of its properties, prior to the time when any penalty or fine
shall be incurred with respect thereto; provided that no such Tax or claim need be paid if
it is being contested in good faith by appropriate proceedings, so long as (a) adequate reserve or
other appropriate provision, as shall be required in conformity with GAAP, shall have been made
therefor and (b) in the case of a Tax or claim that has become or may become a Lien on any of the
Collateral, such contest proceedings operate to stay the sale of any portion of the Collateral to
satisfy such Tax or claim.

          5.4. Maintenance of Properties. Holdings will, and will cause each Subsidiary to, maintain or
cause to be maintained in good repair, working order and condition, ordinary wear and tear
excepted, all material properties used or useful in the business of Holdings and the Subsidiaries
and from time to time will make or cause to be made all appropriate repairs, renewals and
replacements thereof. Holdings will not permit any of its assets, or any title thereto, to be held
in the name of the General Partner or any Affiliate (other than Holdings or any Subsidiary) or
nominee thereof.

          5.5. Insurance. (a) Holdings and the Subsidiaries, at their expense and with financially
sound and reputable insurers with a Best’s Key Rating Guide rating of “A-” or better and a Best’s
Insurance Guide and Key Ratings minimum size rating of “VIII” (or other insurers of recognized
responsibility satisfactory to the Collateral Agent), will maintain insurance adequately insuring
their insurable properties at all times, and will maintain such other insurance, to such extent and
against such risks, as is customary for companies in the same or similar businesses operating in
the same or similar locations or as required by law (including as to any Lender), but in any event
containing limits and coverage provisions set forth in Schedule 5.5 and otherwise complying with
this Section.

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          (b) Holdings and the Subsidiaries will cause all such policies in respect of physical loss or
damage, machinery breakdown and business interruption (in the case of any such policy that is a
group policy covering any CVR Energy Entity in addition to Holdings and the Subsidiaries, only
insofar as coverage thereunder relates to properties and operations of Holdings and the
Subsidiaries) (i) to be endorsed or otherwise amended to include a customary lender’s loss payable
endorsement in favor of the Collateral Agent, in form and substance reasonably satisfactory to the
Collateral Agent, which endorsement shall provide that, on and after the Closing Date, all payments
under such policies (in the case of any such group policies, only insofar as such payment relates
to properties and operations of Holdings and the Subsidiaries) made or required to be made by the
insurer shall be paid directly to the Collateral Agent (and (in the case of any such group
policies, only with respect to properties and operations of Holdings and the Subsidiaries) to
contain no other lender’s loss payable endorsement other than any such endorsement in favor of any
agent, trustee or a similar representative acting on behalf of holders of any Second Lien
Indebtedness), (ii) to provide that none of Holdings, any Subsidiary, the Administrative Agent, the
Collateral Agent, any Arranger, any Lender, any Issuing Bank or any other Secured Party shall be a
coinsurer thereunder and (iii) to contain such other provisions as the Collateral Agent may
reasonably require from time to time to protect the interests of the Secured Parties.

          (c) Holdings and the Subsidiaries will cause all such policies, other than policies in
respect of workers’ compensation insurance, to name the Administrative Agent, the Collateral Agent,
the Lenders and the Issuing Banks as additional insured, on forms reasonably satisfactory to the
Collateral Agent.

          (d) Holdings and the Subsidiaries (i) will cause each such policy to provide that it shall
not be canceled or not renewed (A) by reason of nonpayment of premium upon not less than 10 days’
prior written notice thereof by the insurer to the Collateral Agent (giving the Collateral Agent
the right to cure defaults in the payment of premiums) or (B) for any other reason upon not less
than 45 days’ prior written notice thereof by the insurer to the Collateral Agent; and (ii) will
deliver to the Collateral Agent, promptly after any renewal or replacement of any such policy,
certificates of insurance evidencing such renewal or replacement, together with evidence
satisfactory to the Collateral Agent of payment of the premium therefor.

          (e) Holdings and the Subsidiaries will further cause all such policies to contain the
following terms and conditions:

     (i) Each policy shall expressly provide that all provisions thereof, except the
liability limits (which may be applicable to all insured parties as a group) and liability
for premiums (which shall be liabilities solely of Holdings or one or more of its
Affiliates) shall operate in the same manner as if there were a separate policy covering
each such insured party. All policies in respect of physical loss or damage, machinery
breakdown and business interruption shall (A) insofar as such policies relate to properties
or operations of Holdings and the Subsidiaries, name as loss payee thereunder Holdings or a
Subsidiary, subject to any lender’s loss payable endorsement, and (B) include a customary
non-vitiation clause reasonably acceptable to the Collateral Agent, which shall protect the
interest of the Administrative Agent, the Collateral Agent, the Lenders, the Issuing Banks
and the other Secured Parties regardless of any breach or violation by

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Holdings, any Subsidiary or any other Affiliate of Holdings of warranties, declarations
or conditions contained in such policies, any action or inaction of Holdings, any
Subsidiary, any other Affiliate of Holdings or any other Person, or any foreclosure relating
to any assets of Holdings or any Subsidiary or any change in ownership of all or any portion
of the assets of Holdings or any Subsidiary.

     (ii) Each policy shall be primary and not excess to or contributing with any insurance
or self-insurance maintained by the Administrative Agent, the Collateral Agent, the Lenders
or any other Secured Party.

          (f) In the event that any such policy is written on a “claims made” basis and such policy is
not renewed or the retroactive date of such policy is to be changed, Holdings and the Subsidiaries
will obtain for each such policy the broadest basic and supplemental extended reporting period or
“tail” coverage available thereunder (which coverage shall be for a minimum of five years) and will
provide to the Collateral Agent evidence satisfactory to them that such basic and supplemental
extended reporting period or “tail” coverage has been obtained.

          (g) Upon request by the Collateral Agent, Holdings and the Borrower will promptly furnish to
the Collateral Agent, as the case may be, copies of all insurance policies, binders and cover note
or other evidence of insurance required under this Section 5.5. Holdings and the Subsidiaries will
provide to the Collateral Agent such further evidence as to the satisfaction of the requirements
set forth in this Section 5.5, and will execute such further documents and instruments and take
such further actions to cause the requirements of this Section 5.5 to be and remain satisfied at
all times, as the Collateral Agent may reasonably request, all at the expense of the Credit
Parties.

          (h) In the event that Holdings and the Subsidiaries at any time or times shall fail to obtain
or maintain any of the policies of insurance required to be maintained by them under this Section
5.5, or to pay any premium in whole or in part relating thereto, the Collateral Agent may, without
limiting any obligations of Holdings and the Subsidiaries hereunder or waiving any Default or Event
of Default, in its sole discretion, obtain and maintain such policies of insurance and pay such
premium and take any other actions with respect thereto as the Collateral Agent deems advisable.
All sums disbursed by the Collateral Agent in connection with the exercise of its authority under
this Section 5.5, including reasonable fees, charges and other disbursements of counsel, court
costs, expenses and other charges relating thereto, shall be payable, upon demand, by Holdings and
the Borrower and shall constitute Obligations.

          (i) Holdings and the Subsidiaries shall not be required to maintain any insurance policy
otherwise required to be maintained by them under this Section 5.5, or cause any such policy to
contain the terms (including minimum limits) specified in this Section 5.5, if and for so long as
in the judgment of the Collateral Agent such insurance policy, or such specified terms, are not
reasonably available or the cost thereof is excessive in view of the benefits to be obtained by the
Lenders therefrom. The Collateral Agent may grant extensions of time for the obtainment of the
insurance otherwise required to be maintained by Holdings and the Subsidiaries under this Section
5.5 if and for so long as in the judgment of the Collateral Agent such action cannot be
accomplished without undue effort or expense by the time or times at which it would otherwise be
required to be accomplished under this Section 5.5. In connection with any determination

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under this paragraph, the Collateral Agent may consult with an independent insurance
consultant selected by it, all at the expense of the Credit Parties, and each Lender and Issuing
Bank agrees that the Collateral Agent shall not be liable for any action taken or not taken by it
in accordance with the advice of any such consultant.

          (j) No provision of this Section 5.5 or any other provision of this Agreement or any other
Credit Document shall impose on the Administrative Agent or the Collateral Agent any duty or
obligation to ascertain or inquire into, or to verify the existence or adequacy of, the insurance
coverage maintained by or on behalf of Holdings or any Subsidiary, nor shall the Administrative
Agent or the Collateral Agent be responsible for any statement, representation or warranty made by
or on behalf of Holdings, any Subsidiary or any other Affiliate of Holdings to any insurance
company or underwriter.

          (k) Each of Holdings and the Borrower hereby irrevocably makes, constitutes and appoints the
Collateral Agent (and all officers, employees or agents designated by the Collateral Agent) as
Holdings’ or the Borrower’s, as the case may be, true and lawful agent (and attorney-in-fact) for
the purpose, after the occurrence and during the continuance of an Event of Default, of making,
settling and adjusting claims in respect of Collateral under policies of insurance, endorsing the
name of Holdings or the Borrower, as the case may be, on any check, draft, instrument or other item
of payment for the proceeds of such policies and for making all determinations and decisions with
respect thereto.

          5.6. Books and Records; Inspections. Holdings will, and will cause each Subsidiary to, keep
proper books of record and accounts in which full, true and correct entries in conformity in all
material respects with GAAP and applicable law shall be made of all dealings and transactions in
relation to its business and activities. Holdings will, and will cause each Subsidiary to, permit
the Administrative Agent or, or upon the occurrence and during the continuance of an Event of
Default, any Lender (pursuant to a request made through the Administrative Agent) (or their
authorized representatives) to visit and inspect any of the properties of Holdings and any
Subsidiary, to inspect, copy and take extracts from its and their financial and accounting records
and to discuss its and their business, results of operations, assets, liabilities (including
contingent liabilities) and condition (financial or otherwise) with its and their officers and
independent registered public accounting firm, all upon reasonable notice and at such reasonable
times during normal business hours; provided that neither Holdings nor any Subsidiary shall
be required to permit the Administrative Agent to conduct more than one such visit or inspection in
any year (unless an Event of Default has occurred and is continuing).

          5.7. Lenders Meetings. Holdings and the Borrower will, upon the request of the Administrative
Agent or the Requisite Lenders, participate in a meeting or telephonic conference with the
Administrative Agent and Lenders once during each Fiscal Year (in the case of a meeting, to be held
at the Borrower’s corporate offices (or at such other location as may be agreed to by Holdings, the
Borrower and the Administrative Agent)) at such time as may be agreed to by Holdings, the Borrower
and the Administrative Agent.

          5.8. Compliance with Laws. Holdings will, and will cause each Subsidiary to, comply will all
applicable laws (including all Environmental Laws), except where failure to

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comply, individually or in the aggregate, has not had and could not reasonably be expected to
have a Material Adverse Effect.

          5.9. Environmental. (a) Holdings will deliver to the Administrative Agent and the Lenders
promptly after any officer of Holdings or any Subsidiaries obtains knowledge thereof, notice of the
following environmental developments to the extent that such environmental developments, either
individually or when aggregated with all such other environmental developments, could reasonably be
expected to result in a material liability or obligation of Holdings or any Subsidiary or in a
material impairment of the value of any Facility or the imposition of any material activity, use or
deed restriction on such real property:

     (i) any pending or threatened Environmental Claim against Holdings or any Subsidiaries
or any Facility;

     (ii) any Release or threatened Release of Hazardous Materials at, or, from or under,
or any other condition or occurrence on, at or affecting, any Facility that could reasonably
be expected to cause such Facility to be subject to any restrictions on the ownership,
lease, occupancy, use or transferability by Holdings or any Subsidiaries of such Facility
under any Environmental Law; or

     (iii) the taking of any response, removal or remedial action to the extent required by
any Environmental Law or any Governmental Authority as a result of the Release or threatened
Release of any Hazardous Materials on, at, under or from any Facility.

All such notices shall describe in reasonable detail the nature of the claim, investigation,
condition, occurrence or removal or remedial action and Holdings’ or such Subsidiary’s response
thereto.

          (b) Subject to Section 5.9(d), Holdings will deliver to the Administrative Agent and the
Lenders with reasonable promptness, such documents and information as from time to time may be
reasonably requested by Administrative Agent in relation to any matters addressed by this Section
5.9.

          (c) Holdings will (i) comply, and will cause each of the Subsidiaries to comply, with all
Environmental Laws and Environmental Permits applicable to, or required in respect of the conduct
of its business or operations or by, the ownership, lease or use of any Facility, except for such
noncompliances as could not, either individually or in the aggregate, reasonably be expected to
result in a Material Adverse Effect, and will promptly pay or cause to be paid all costs and
expenses incurred in connection with such compliance, and will keep or cause to be kept all such
Facilities free and clear of any Liens imposed pursuant to such Environmental Laws, other than
Permitted Liens and (ii) conduct any investigation, sampling, containment, removal, response or
remedial action or monitoring at any Facility required by Environmental Law or any Governmental
Authority or that is otherwise necessary to maintain the value, use and marketability of such
Facility for industrial purposes or to assess or avoid any material liability under Environmental
Laws.

          (d) Right of Access and Inspection.

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     (i) After the receipt by the Administrative Agent or any Lender of any notice of the
type described in Section 5.9(a), or (ii) if an Event of Default has occurred and is
continuing, then, at the reasonable request of the Administrative Agent, Holdings will
prepare and provide to the Administrative Agent an environmental report with respect to any
matter disclosed pursuant to Section 5.9(a) or, if an Event of Default has occurred and is
continuing, with respect to any Facility (the “Environmental Report”); provided,
however, that any such Environmental Report shall not include the taking of samples
of air, soil, surface water, groundwater, effluent, and building materials, in, on or under
any Facilities unless the Administrative Agent reasonably concludes that such sampling is
commercially reasonable and necessary. Any such sampling shall be conducted by a qualified
environmental consulting firm reasonably acceptable to the Administrative Agent. If an
Event of Default has occurred and is continuing, or if Holdings does not prepare an
Environmental Report or conduct the requested tests and investigations in a reasonably
timely manner, the Administrative Agent may, upon prior notice to Holdings, retain an
environmental consultant, at Holdings’ expense, to prepare an Environmental Report and
conduct such sampling as it reasonably concludes is commercially reasonable and necessary.
Holdings and the Subsidiaries will provide the Administrative Agent and its consultants with
access to the Facilities during normal business hours in order to complete any necessary
inspections or sampling in accordance with this Section 5.9(d). The Administrative Agent
will make commercially reasonable efforts to conduct any such investigations so as to avoid
unreasonably interfering with the operation of the Facility.

     (ii) The exercise of the Administrative Agent’s rights under Section 5.9(d)(i) shall
not constitute a waiver of any default by Holdings or the Subsidiaries and shall not impose
any liability on the Administrative Agent or any of the Lenders. In no event will any site
visit, observation, test or investigation by the Administrative Agent be deemed a
representation that Hazardous Materials are or are not present in, on or under any of the
Facilities, or that there has been or will be compliance with any Environmental Law, and the
Administrative Agent shall not be deemed to have made any representation or warranty to any
party regarding the truth, accuracy or completeness of any report or findings with regard
thereto. Without express written authorization, which shall not be unreasonably withheld,
neither Holdings nor any other party shall be entitled to rely on any site visit
observation, test or investigation by the Administrative Agent. The Administrative Agent
and the Lenders owe no duty of care to protect Holdings or any other party against, or to
inform Holdings or any other party of, any Hazardous Materials or any other adverse
environmental condition affecting any of the Facilities. The Administrative Agent may in
its reasonable discretion disclose to Holdings or, if so required by law, to any third
party, any report or findings made as a result of, or in connection with, any site visit,
observation, testing or investigation by the Administrative Agent. If the Administrative
Agent reasonably believes that it is legally required to disclose any such report or finding
to any third party, then the Administrative Agent shall use its reasonable efforts to give
Holdings prior notice of such disclosure and afford Holdings the opportunity to object or
defend against such disclosure at its own and sole cost; provided, that the failure of the
Administrative Agent to give any such notice or afford Holdings the opportunity to object or
defend against such disclosure shall not result in any liability to the Administrative
Agent. Holdings acknowledges that it or its

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Subsidiaries may be obligated to notify relevant Governmental Authorities regarding the
results of any site visit, observation, testing or investigation by the Administrative Agent
and that such reporting requirements are site and fact-specific, and are to be evaluated by
Holdings without advice or assistance from the Administrative Agent. Nothing contained in
this Section 5.9(d)(ii) shall be construed as releasing the Administrative Agent or the
Lenders from any liability resulting from such site visit, observation, testing or
investigation to the extent incurred as a result of their gross negligence or willful
misconduct (as determined by a court of competent jurisdiction in a final and non-appealable
decision).

          5.10. Additional Subsidiaries. In the event that any Person becomes a Subsidiary of Holdings,
Holdings will, as promptly as practicable, and in any event within 30 days (or such longer period
as the Administrative Agent may agree to in writing), notify the Administrative Agent and cause the
Collateral and Guarantee Requirement to be satisfied with respect to such Subsidiary (if such
Subsidiary is a Domestic Subsidiary) and with respect to any Equity Interests in or Indebtedness of
such Subsidiary owned by any Credit Party.

          5.11. Additional Collateral; Deposit and Securities Accounts; Consents to Assignments. (a)
Holdings will furnish to the Administrative Agent prompt written notice of (a) the acquisition by
any Credit Party of, or any real property of any Credit Party otherwise becoming, a Material Real
Estate Asset after the Closing Date and (b) the acquisition by any Credit Party of any other
material assets after the Closing Date, other than any such assets constituting Collateral under
the Collateral Documents in which the Collateral Agent shall have a valid, legal and perfected
security interest (with the priority contemplated by the applicable Collateral Document) upon the
acquisition thereof.

          (b) Holdings and the Borrower will, in each case as promptly as practicable, notify the
Administrative Agent and the Collateral Agent of the existence of any Deposit Account or securities
account maintained by a Credit Party in respect of which a Control Agreement is required to be in
effect pursuant to clause (h) of the definition of the term “Collateral and Guarantee Requirement”
but is not yet in effect.

          (c) In the event that after the date hereof Holdings or any Subsidiary shall enter into any
new Material Contract, or shall amend, extend, renew or otherwise modify any existing Material
Contract in respect of which a Consent to Assignment has not been theretofore obtained, Holdings
shall, and shall cause such Subsidiary to, use its commercially reasonable efforts to obtain, then,
unless otherwise agreed by the Collateral Agent pursuant to its authority set forth in the
definition of the term “Collateral and Guarantee Requirement”, in connection therewith, a Consent
to Assignment in respect of such Material Contract.

          5.12. Further Assurances. Each Credit Party will execute any and all further documents,
financing statements, agreements and instruments, and take any and all further actions (including
the filing and recording of financing statements, fixture filings, mortgages, deeds of trust and
other documents), that may be required under any applicable law, or that the Administrative Agent
or the Collateral Agent may reasonably request, to cause the Collateral and Guarantee Requirement
to be and remain satisfied at all times or otherwise to effectuate the provisions of the Credit
Documents, all at the expense of the Credit Parties. Holdings and the

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Borrower will provide to the Administrative Agent and the Collateral Agent, from time to time
upon request, evidence reasonably satisfactory to the Administrative Agent or the Collateral Agent,
as applicable, as to the perfection and priority of the Liens created or intended to be created by
the Collateral Documents.

          5.13. Cooperation with Syndication Efforts. In connection with the syndication of the credit
facilities provided for herein, each of Holdings and the Borrower shall comply with their covenants
to assist and cooperate with the syndication thereof as separately agreed by Holdings, the Borrower
and the Arrangers.

          SECTION 6. NEGATIVE COVENANTS

          Until the Commitments shall have expired or been terminated and the principal of and interest
on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit
shall have expired or been terminated and the Letter of Credit Usage shall have been reduced to
zero, each of the Credit Parties covenants and agrees with the Agents and the Lenders that:

          6.1. Indebtedness. (a) Holdings will not, and will not permit any Subsidiary to, create,
incur, assume or permit to exist any Indebtedness, except:

     (i) the Obligations;

     (ii) Indebtedness of any Subsidiary to Holdings, the Borrower or any other Subsidiary;
provided that (A) such Indebtedness shall not have been transferred to any Person
other than Holdings, the Borrower or any other Subsidiary, (B) such Indebtedness shall be
evidenced by the Intercompany Note, and, if owing to a Credit Party, shall be subject to a
Lien pursuant to the Pledge and Security Agreement, (C) such Indebtedness owing by a Credit
Party to a Subsidiary that is not a Credit Party shall be unsecured and subordinated in
right of payment to the payment in full of the Obligations pursuant to the terms of the
Intercompany Note, (D) any payment by any Guarantor under its Obligations Guarantee shall
result in a pro tanto reduction of the amount of any Indebtedness owing by such Guarantor to
any Credit Party for whose benefit such payment is made and (E) such Indebtedness is
permitted as an Investment under Section 6.6;

     (iii) Indebtedness in respect of netting services, overdraft protections and otherwise
arising from treasury, depositary and cash management services or in connection with any
automated clearing-house transfers of funds;

     (iv) Guarantees incurred in compliance with Section 6.6;

     (v) Indebtedness existing on the date hereof and set forth on Schedule 6.1, and
Refinancing Indebtedness in respect thereof;

     (vi) Indebtedness of the Borrower or any other Subsidiary (A) incurred to finance the
acquisition, construction or improvement of any fixed or capital assets, including Capital
Lease Obligations; provided that such Indebtedness is incurred prior to or within
365 days after such acquisition or the completion of such construction or improvement

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and the principal amount of such Indebtedness does not exceed the cost of acquiring,
constructing or improving such fixed or capital assets, or (B) assumed in connection with
the acquisition of any fixed or capital assets, and Refinancing Indebtedness in respect of
any of the foregoing; provided that the aggregate principal amount of Indebtedness
permitted by this clause (vi) shall not exceed $25,000,000 at any time outstanding;

     (vii) Indebtedness of any Person that becomes a Subsidiary (or of any Person not
previously a Subsidiary that is merged or consolidated with or into a Subsidiary in a
transaction permitted hereunder) after the date hereof, or Indebtedness of any Person that
is assumed by any Subsidiary in connection with an acquisition of assets by such Subsidiary
in a Permitted Acquisition; provided that (A) such Indebtedness exists at the time
such Person becomes a Subsidiary (or is so merged or consolidated) or such assets are
acquired and is not created in contemplation of or in connection with such Person becoming a
Subsidiary (or such merger or consolidation) or such assets being acquired, and (B) neither
Holdings nor any Subsidiary (other than such Person or the Subsidiary with which such Person
is merged or consolidated or the Person that so assumes such Person’s Indebtedness) shall
Guarantee or otherwise become liable for the payment of such Indebtedness, and Refinancing
Indebtedness in respect of any of the foregoing; provided that the aggregate
principal amount of Indebtedness permitted by this clause (vii) shall not exceed $15,000,000
at any time outstanding;

     (viii) Indebtedness in respect of letters of credit, bank guarantees and similar
instruments issued for the account of Holdings or any Subsidiary in the ordinary course of
business supporting obligations under (A) workers’ compensation, unemployment insurance and
other social security laws and (B) bids, trade contracts, leases, statutory obligations,
surety and appeal bonds, performance bonds and obligations of a like nature;

     (ix) (A) unsecured Indebtedness of the Borrower, and Guarantees thereof by any
Guarantor, provided that (1) both immediately prior and immediately after giving
effect to the incurrence thereof, no Default or Event of Default shall have occurred and be
continuing, (2) after giving effect to the incurrence of such Indebtedness and the
application of the proceeds thereof, (x) Holdings and the Borrower shall be in compliance
with the financial covenant set forth in Section 6.7(a) and (y) the Leverage Ratio shall be
less than or equal to 2.75:1.00, in each case on a pro forma basis (determined in accordance
with Section 1.2(b)) as of the last day of the Fiscal Quarter most recently ended on or
prior to such date for which financial statements are available (provided that, for
purposes of determining the Leverage Ratio, the Consolidated Total Debt shall be determined
on a pro forma basis as of such date), (3) the stated final maturity of such Indebtedness
shall not be earlier than 91 days after the latest Maturity Date in effect at the time such
Indebtedness is incurred, and such stated final maturity shall not be subject to any
conditions that could result in such stated final maturity occurring on a date that precedes
the date that is 91 days after the latest Maturity Date in effect at the time such
Indebtedness is incurred, (4) such Indebtedness shall not be required to be repaid, prepaid,
redeemed, repurchased or defeased, whether on one or more fixed dates, upon the occurrence
of one or more events or at the option of any holder thereof (except, in each case, upon the
occurrence of an event of default, a change in control, an asset disposition or an event of
loss) prior to the date 91 days after the latest Maturity Date in

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effect on the date such Indebtedness is incurred, (5) such Indebtedness contains terms
and conditions (excluding pricing, premiums and optional prepayment or optional redemption
provisions) that are market terms on the date of incurrence thereof (as determined in good
faith by the board of directors (or other governing body) of the General Partner) or are not
materially more restrictive than the covenants and events of default contained in this
Agreement (provided that a certificate of an Authorized Officer of Holdings
delivered to the Administrative Agent at least five Business Days prior to the incurrence of
such Indebtedness, together with a reasonably detailed description of the material terms and
conditions of such Indebtedness or drafts of the documentation relating thereto, stating
that Holdings has determined in good faith that such terms and conditions satisfy the
requirement of this clause (5) shall be conclusive evidence that such terms and conditions
satisfy such requirement unless the Administrative Agent notifies Holdings within such five
Business Day period that it disagrees with such determination (including a reasonable
description of the basis upon which it disagrees), (6) such Indebtedness shall not
constitute an obligation (including pursuant to a Guarantee) of any Person other than the
Credit Parties, and (7) such Indebtedness is not secured by any Lien on any asset of
Holdings or any Subsidiary; and (B) Refinancing Indebtedness in respect thereof;

     (x) (A) Second Lien Indebtedness, provided that (1) both immediately prior to
and immediately after giving effect to the incurrence thereof, no Default or Event of
Default shall have occurred and be continuing and (2) the principal amount of any Second
Lien Indebtedness incurred in reliance on this clause (x) shall not, at the time of the
incurrence thereof, exceed the Permitted Incremental Amount in effect at such time; and (B)
Refinancing Indebtedness in respect thereof;

     (xi) (A) Second Lien Indebtedness, provided that (1) both immediately prior to
and immediately after giving effect to the incurrence thereof, no Default or Event of
Default shall have occurred and be continuing and (2) after giving effect to the incurrence
of such Indebtedness and the application of the proceeds thereof, (x) Holdings and the
Borrower shall be in compliance with the financial covenant set forth in Section 6.7(a) and
(y) the Leverage Ratio shall be less than or equal to 2.25:1.00, in each case on a pro forma
basis (determined in accordance with Section 1.2(b)) as of the last day of the Fiscal
Quarter most recently ended on or prior to such date for which financial statements are
available (provided that, for purposes of determining the Leverage Ratio, the
Consolidated Total Debt shall be determined on a pro forma basis as of such date); and (B)
Refinancing Indebtedness in respect thereof;

     (xii) Indebtedness in respect of Hedge Agreements permitted under Section 6.6(m);

     (xiii) Indebtedness owed to any Person providing property, casualty, liability or
other insurance to Holdings or any Subsidiary, so long as the amount of such Indebtedness is
not in excess of the amount of the unpaid cost of, and shall be incurred only to defer the
cost of, such insurance for the period in which such Indebtedness is incurred and such
Indebtedness is outstanding only for a period not exceeding 12 months;

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     (xiv) Indebtedness of Holdings or any Subsidiary that may be deemed to exist in
connection with agreements providing for indemnification, purchase price adjustments and
similar obligations in connection with the acquisition or disposition of assets in
accordance with the requirements of this Agreement, so long as any such obligations are
those of the Person making the respective acquisition or sale, and are not Guaranteed by any
other Person except as otherwise permitted hereunder;

     (xv) Indebtedness of the Borrower or any other Subsidiary consisting of take-or-pay
obligations contained in supply arrangements incurred in the ordinary course of business and
on a basis consistent with past practice; and

     (xvi) Indebtedness of Foreign Subsidiaries in an aggregate principal amount not to
exceed $25,000,000 at any time outstanding.

          (b) Neither Holdings nor any Subsidiary will issue or permit to exist any Disqualified Equity
Interests.

          6.2. Liens. Holdings will not, and will not permit any Subsidiary to, directly or indirectly,
create, incur, assume or permit to exist any Lien on or with respect to any asset of Holdings or
any Subsidiary, whether now owned or hereafter acquired or licensed, or on any income, profits or
royalties therefrom, or file or consent to the filing of, or consent to the continuation of, any
financing statement or other similar notice of any Lien with respect to any such property, asset,
income, profits or royalties under the UCC of any State or under any similar recording or notice
statute or under any applicable intellectual property laws, rules or procedures, except:

          (a) Liens created under the Credit Documents;

          (b) Permitted Encumbrances;

          (c) Liens solely on any cash earnest money deposits made by the Borrower or any other
Subsidiary in connection with any letter of intent or purchase agreement permitted hereunder;

          (d) nonexclusive outbound licenses of patents, copyrights, trademarks and other Intellectual
Property rights granted by Holdings or any Subsidiary in the ordinary course of business and not
interfering in any respect with the ordinary conduct of or materially detracting from the value of
the business of Holdings or such Subsidiary;

          (e) in connection with the sale or transfer of any Equity Interests or other assets in a
transaction permitted under Section 6.8, customary rights and restrictions contained in agreements
relating to such sale or transfer pending the completion thereof;

          (f) in the case of (i) any Subsidiary that is not a wholly-owned Subsidiary or (ii) the
Equity Interests in any Person that is not a Subsidiary, any encumbrance or restriction, including
any put and call arrangements, related to Equity Interests of such Subsidiary or such other Equity
Interests set forth in its Organizational Documents or any related joint venture, shareholders or
similar agreement;

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          (g) any Lien on any asset of Holdings, the Borrower or any other Subsidiary existing on the
date hereof and set forth on Schedule 6.2; provided that (A) such Lien shall not apply to
any other asset of Holdings, the Borrower or any other Subsidiary and (B) such Lien shall secure
only those obligations that it secures on the date hereof and any extensions, renewals and
refinancings thereof that do not increase the outstanding principal amount thereof and, in the case
of any such obligations constituting Indebtedness, that are permitted under Section 6.1(a) as
Refinancing Indebtedness in respect thereof;

          (h) Liens on fixed or capital assets acquired, constructed or improved by the Borrower or any
other Subsidiary; provided that (A) such Liens secure only Indebtedness outstanding under
Section 6.1(a)(vi) and obligations relating thereto not constituting Indebtedness and (B) such
Liens shall not apply to any other asset of Holdings, the Borrower or any other Subsidiary (other
than the proceeds and products thereof); provided further that, in the event
purchase money obligations are owed to any Person with respect to financing of more than one
purchase of any fixed or capital assets, such Liens may secure all such purchase money obligations
and may apply to all such fixed or capital assets financed by such Person;

          (i) any Lien existing on any asset prior to the acquisition thereof by the Borrower or any
other Subsidiary or existing on any asset of any Person that becomes a Subsidiary (or of a Person
not previously a Subsidiary that is merged or consolidated with or into a Subsidiary in a
transaction permitted hereunder) after the date hereof prior to the time such Person becomes a
Subsidiary (or is so merged or consolidated); provided that (A) such Lien is not created in
contemplation of or in connection with such acquisition or such Person becoming a Subsidiary (or
such merger or consolidation), (B) such Lien shall not apply to any other asset of Holdings, the
Borrower or any other Subsidiary (other than, in the case of any such merger or consolidation, the
assets of any Subsidiary that is a party thereto) and (C) such Lien shall secure only those
obligations that it secures on the date of such acquisition or the date such Person becomes a
Subsidiary (or is so merged or consolidated), and any extensions, renewals and refinancings thereof
that do not increase the outstanding principal amount thereof and, in the case of any such
obligations constituting Indebtedness, that are permitted under Section 6.1 as Refinancing
Indebtedness in respect thereof;

          (j) Liens securing Indebtedness of Foreign Subsidiaries incurred pursuant to Section
6.1(a)(xvi), provided that such Liens shall not apply to any Collateral (including any Equity
Interests in any Subsidiary that constitute Collateral) or any other assets of Holdings or any
Domestic Subsidiary;

          (k) (i) Liens on Cash or Cash Equivalents securing obligations not constituting Specified
Hedge Obligations under Hedge Agreements permitted under Section 6.6(m) and (ii) Liens in respect
of initial deposits, margin deposits, commodity trading accounts or other brokerage accounts
established or maintained in the ordinary course of business, in an aggregate amount not to exceed
$15,000,000 at any time outstanding;

          (l) Liens granted in the ordinary course of business on the unearned portion of insurance
premiums securing the financing of insurance premiums to the extent such financing is permitted
under Section 6.1(a)(xiii);

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          (m) Liens on securities that are the subject of repurchase agreements constituting Cash
Equivalents under clause (c) of the definition of such term arising under such repurchase
agreements;

          (n) easements, rights of use and licenses created under the Cross Easement Agreement and the
Linde Supply Agreement;

          (o) Liens securing Indebtedness permitted pursuant to Section 6.1(a)(x) or 6.1(a)(xi); and

          (p) other Liens securing Indebtedness or other obligations in an aggregate principal amount
not to exceed $15,000,000 at any time outstanding.

          6.3. No Further Negative Pledges. Holdings will not, and will not permit any Subsidiary to,
directly or indirectly, enter into, incur or permit to exist any agreement or other arrangement
that prohibits, restrict or imposes any condition upon the ability of Holdings or any Subsidiary to
create, incur or permit to exist any Lien upon any of its assets, whether now owned or hereafter
acquired, to secure any Obligations; provided that the foregoing shall not apply to (a)
restrictions and conditions imposed by law or by any Credit Document, (b) restrictions and
conditions existing on the date hereof identified on Schedule 6.3 (but shall apply to any extension
or renewal of, or any amendment or modification expanding the scope of, any such restriction or
condition), (c) in the case of any Subsidiary that is not a wholly owned Subsidiary, restrictions
and conditions imposed by its Organizational Documents or any related joint venture, shareholders’
or similar agreement, provided that such restrictions and conditions apply only to such
Subsidiary and to any Equity Interests in such Subsidiary, (d) restrictions or conditions imposed
by any agreement relating to secured Indebtedness permitted by Section 6.1(a)(vi) or 6.01(a)(vii)
if such restrictions or conditions apply only to the assets securing such Indebtedness, (e)
restrictions or conditions imposed by any agreement relating to Indebtedness permitted by Sections
6.1(a)(ix), 6.1(a)(x), 6.1(xi) and 6.1(a)(xvi), provided that such restrictions or
conditions do not conflict with the obligations of the Credit Parties hereunder and under the other
Credit Documents with respect to the Collateral, including obligations to create Liens to secure
the Obligations, (f) restrictions or conditions imposed by customary provisions in leases,
subleases, licenses and sublicenses and other agreements (other than any CVR Intercompany
Agreement) restricting the assignment thereof, (g) customary restrictions and conditions contained
in agreements relating to the sale or other disposition of any assets permitted under Section 6.8
that are applicable solely pending consummation of such sale or other dispositions,
provided that such restrictions and conditions apply only to such assets and such sale or
other disposition is permitted hereunder, and (h) restrictions or encumbrances in respect of cash
or other deposits imposed by customers under contracts entered into in the ordinary course of
business. Nothing in this Section 6.3 shall be deemed to modify the requirements set forth in the
definition of the term “Collateral and Guarantee Requirement” or the obligations of the Credit
Parties under Sections 5.10 and 5.11 or under the Collateral Documents.

          6.4. Restricted Payments; Certain Payments of Indebtedness. (a) Holdings will not, and will
not permit any Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, any
Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that (i)
Holdings may declare and pay dividends with respect to its

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Equity Interests payable solely in additional Equity Interests permitted hereunder, (ii) any
Subsidiary may declare and pay dividends or make other distributions with respect to its capital
stock, partnership or membership interests or other similar Equity Interests, or make other
Restricted Payments in respect of its Equity Interests, in each case ratably to the holders of such
Equity Interests, provided that dividends paid by the Borrower to Holdings may only be paid
at such times and in such amounts as shall be necessary to permit Holdings (A) to make Restricted
Payments permitted to be made by it under this Section 6.4(a) or (B) to discharge its other
permitted liabilities as and when due, (iii) Holdings may repurchase Equity Interests upon the
exercise of stock options if such Equity Interests represent a portion of the exercise price of
such options, (iv) Holdings may make cash payments in lieu of the issuance of fractional units
representing insignificant interests in Holdings in connection with the exercise of warrants,
options or other securities convertible into or exchangeable for Equity Interests in Holdings, (v)
Holdings may make cash distributions to owners of the common units representing limited partner
interests in Holdings with the Net Proceeds in respect of any substantially concurrent issuance or
sale by Holdings of its Equity Interests (other than (A) the IPO, (B) any issuance or sale of
Equity Interests to any Subsidiary or (C) any issuance or sale of Equity Interests to directors,
officers or employees of Holdings or any Subsidiary under any employee stock option or stock
purchase plan or a similar benefit plan or to a trust established for the benefit of directors,
officers or employees of Holdings or any Subsidiary), (vi) Holdings may redeem, repurchase or
otherwise acquire for value Equity Interests in Holdings held by any former director, officer or
employee of Holdings or any Subsidiary or its assigns, estates or heirs following the death,
disability or termination of employment of such director, officer or employee, provided
that the aggregate amount of all Restricted Payments made in reliance on this clause (vi) shall not
to exceed $5,000,000 in any Fiscal Year, (vii) Holdings may make the Coffeyville Resources
Distribution, (viii) Holdings may make the IDR Repurchase, (ix) so long as (A) no Default or Event
of Default shall have occurred and be continuing or would result therefrom, (B) the common units
representing limited partner interests in Holdings are listed on a national securities exchange (as
defined in the Exchange Act) and (C) after giving effect thereto Holdings and the Borrower shall be
in pro forma compliance with the covenants set forth in Section 6.7 (determined in accordance with
Section 1.2(b)) as of the last day of the Fiscal Quarter most recently ended on or prior to the
date thereof for which financial statements are available (provided that, for purposes of
determining the Leverage Ratio under Section 6.7(b), the Consolidated Total Debt shall be
determined on a pro forma basis as of such date), Holdings may make, after the end of any Fiscal
Quarter, cash distributions on a pro rata basis to owners of the common units representing limited
partner interests in Holdings pursuant to and in accordance with the cash distribution policy
adopted by the board of directors of the General Partner pursuant to the Partnership Agreement and
in effect on the date thereof (provided that such policy shall not be more adverse to the
Lenders than the cash distribution policy in effect on the Closing Date and set forth in Schedule
6.4) and (x) in the case of any cash distribution of the type described in clause (ix) above that,
at the time of declaration thereof, complied with the requirements of such clause, Holdings may,
within 60 days of the declaration thereof and to the extent not previously made, make such cash
distribution, provided that on the date on which such distribution is made, no Specified
Default shall have occurred and be continuing or would result therefrom. In the case of any
Restricted Payment made by Holdings in reliance on Section 6.4(a)(ix) or 6.4(a)(x) with respect to
any Fiscal Quarter, if the Administrative Agent shall have received a Compliance Certificate
pursuant to Section 5.1(c) with respect to such Fiscal Quarter

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on or prior to the date on which such Restricted Payment is made and such Compliance
Certificate shall state that, in calculating Consolidated Total Debt as of the last day of such
Fiscal Quarter any amount shall have been deducted pursuant to clause (b) of the definition of the
term “Consolidated Total Debt” (including after giving effect to the second sentence of the
definition of the term “Leverage Ratio”, if applicable), then such Restricted Payment shall be
permitted under such Section only if, after giving effect to such Restricted Payment (and without
giving effect to the proceeds of any Revolving Loans made after the last day of such Fiscal Quarter
and on or prior to the date of such Restricted Payment), the aggregate amount of Cash and Cash
Equivalents of the Credit Parties that is subject to a Control Agreement shall not be less than
such amount.

          (b) Holdings will not, and will not permit any Subsidiary to, make or agree to pay or make,
directly or indirectly, any payment or other distribution (whether in cash, securities or other
property) of or in respect of principal of or interest on any Junior Priority Indebtedness, or any
payment or other distribution (whether in cash, securities or other property), including any
sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition,
cancelation, defeasance or termination of any Junior Priority Indebtedness, except:

     (i) regularly scheduled interest and principal payments as and when due in respect of
any Junior Priority Indebtedness;

     (ii) refinancings of Junior Priority Indebtedness with the proceeds of other
Indebtedness permitted under Section 6.1;

     (iii) payments of or in respect of Junior Priority Indebtedness made solely with
Equity Interests in Holdings; and

     (iv) other payments or distributions in respect of any Junior Priority Indebtedness;
provided that (A) both immediately prior to and immediately after giving effect to
such payment or distribution, no Default or Event of Default shall have occurred and be
continuing and (B) after giving effect to such payment or distribution, the Leverage Ratio
shall be 1.50:1.00 or less on a pro forma basis (determined in accordance with Section
1.2(b)) as of the last day of the Fiscal Quarter most recently ended on or prior to such
date for which financial statements are available (provided that the Consolidated
Total Debt shall be determined on a pro forma basis as of such date).

          6.5. Restrictions on Subsidiary Distributions. Holdings will not, and will not permit any
Subsidiary to, directly or indirectly, enter into, incur or permit to exist any agreement or other
arrangement that prohibits, restricts or imposes any condition upon the ability of any Subsidiary
(a) to pay dividends or make other distributions on its Equity Interests owned by Holdings or any
other Subsidiary, (b) to repay or prepay any Indebtedness owing by such Subsidiary to Holdings or
any Subsidiary, (c) to make loans or advances to Holdings or any Subsidiary, or to Guarantee
Indebtedness of Holdings or any Subsidiary or (d) to transfer, lease or license any of its assets
to Holdings or any Subsidiary; provided that the foregoing shall not apply to (i)
restrictions and conditions imposed by law or by any Credit Document, (ii) restrictions and
conditions existing on the date hereof identified on Schedule 6.5 (but shall apply to any extension
or renewal of, or any amendment or modification expanding the scope of, any

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such restriction or condition), (iii) in the case of any Subsidiary that is not a wholly owned
Subsidiary, restrictions and conditions imposed by its Organizational Documents or any related
joint venture, shareholders’ or similar agreement, provided that such restrictions and
conditions apply only to such Subsidiary and to any Equity Interests in such Subsidiary, (iv)
customary restrictions and conditions contained in agreements relating to the sale of a Subsidiary,
or a business unit, division, product line, line of business or other assets, that are applicable
solely pending such sale, provided that such restrictions and conditions apply only to the
Subsidiary, or the business unit, division, product line, line of business or other assets, that is
to be sold and such sale is permitted hereunder, (v) restrictions and conditions imposed by
agreements relating to Indebtedness of any Subsidiary in existence at the time such Subsidiary
became a Subsidiary and otherwise permitted by Section 6.1(a)(vii) (but shall apply to any
amendment or modification expanding the scope of, any such restriction or condition),
provided that such restrictions and conditions apply only to such Subsidiary, (vi) in the
case of clause (d), (A) restrictions and conditions contained in agreements evidencing Indebtedness
permitted by Section 6.1(a)(vi), if such restrictions and conditions apply only to the assets the
acquisition, construction or improvement of which was financed thereby and (B) restrictions or
conditions imposed by customary provisions in leases and other agreements (other than any CVR
Intercompany Agreements) restricting the assignment thereof and (vii) restrictions or conditions
imposed by any agreement relating to Indebtedness permitted by Sections 6.1(a)(ix), 6.1(a)(x),
6.1(xi) and 6.1(a)(xvi), provided that such restrictions or conditions do not conflict with
the obligations of the Credit Parties hereunder and under the other Credit Documents with respect
to the Collateral, including obligations to create Liens to secure the Obligations, or under
Section 7.

          6.6. Investments. Holdings will not, and will not permit any Subsidiary to, purchase, hold,
acquire (including pursuant to any merger or consolidation with any Person that was not a wholly
owned Subsidiary prior thereto), make or otherwise permit to exist any Investment in any other
Person, or purchase or otherwise acquire (in one transaction or a series of transactions) all or
substantially all the assets of any other Person or of a business unit, division, product line or
line of business of any other Person, or assets acquired other than in the ordinary course of
business that, following the acquisition thereof, would constitute a substantial portion of the
assets of Holdings and the Subsidiaries, taken as a whole, except:

          (a) Investments in Cash and Cash Equivalents;

          (b) Investments existing on the date hereof, in each case that are set forth on Schedule 6.6
(but not any additions thereto (including any capital contributions) made after the date hereof);

          (c) investments by Holdings, the Borrower or any other Subsidiary in Equity Interests in
their Subsidiaries that are Credit Parties; provided that any such Equity Interests held by
a Credit Party shall be pledged in accordance with the requirements of the definition of the term
“Collateral and Guarantee Requirement”;

          (d) loans or advances made by Holdings, the Borrower or any other Subsidiary to Holdings, the
Borrower or any Guarantor Subsidiary;

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          (e) Guarantees by Holdings, the Borrower or any other Subsidiary of Indebtedness or other
obligations of Holdings, the Borrower or any Guarantor Subsidiary (including any such Guarantees
arising as a result of any such Person being a joint and several co-applicant with respect to any
letter of credit or letter of guaranty); provided that a Subsidiary (other than the
Borrower) that has not Guaranteed the Obligations pursuant hereto shall not Guarantee any
Indebtedness or other obligations of any Credit Party;

          (f) (i) Investments received in satisfaction or partial satisfaction of obligations thereof
from financially troubled account debtors and (ii) deposits, prepayments and other credits to
suppliers made in the ordinary course of business consistent with the past practices of Holdings
and the Subsidiaries;

          (g) Investments made as a result of the receipt of noncash consideration from a sale,
transfer, lease or other disposition of any asset in compliance with Section 6.8;

          (h) Investments in prepaid expenses, negotiable instruments held for collection, and lease,
utility, workers’ compensation, performance and other similar deposits provided to third parties in
the ordinary course of business;

          (i) any customary indemnity, purchase-price adjustment, earn-out or similar obligation, in
each case, benefiting Holdings or any Subsidiary created as a result of any Permitted Acquisition
or other Investment permitted by Section 6.6 or any sale, transfer, lease or other disposition of
assets permitted by Section 6.8;

          (j) Investments consisting of purchases and acquisitions of inventory, supplies, material or
equipment or the licensing or contribution of intellectual property pursuant to joint marketing
arrangements with other Persons and progress payments made in respect of capital expenditures, in
each case in the ordinary course of business;

          (k) Guarantees of the obligations of suppliers, customers, franchisees and licensees of the
Borrower and the Subsidiaries in the ordinary course of business (other than any such Guarantees of
obligations of any CVR Energy Entity);

          (l) Investments by Holdings, the Borrower or any other Subsidiary that result solely from the
receipt by Holdings, the Borrower or such Subsidiary from any of its Subsidiaries of a dividend or
other Restricted Payment in the form of Equity Interests, evidences of Indebtedness or other
Securities (but not any additions thereto made after the date of the receipt thereof);

          (m) Investments in the form of Hedge Agreements, provided that such Hedge Agreements
shall have been entered into by Holdings and the Subsidiaries for purposes of hedging risks
associated with their operations and not for speculative purposes;

          (n) payroll, travel and similar advances to directors and employees of Holdings or any
Subsidiary to cover matters that are expected at the time of such advances to be treated as
expenses of Holdings or such Subsidiary for accounting purposes and that are made in the ordinary
course of business;

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          (o) loans or advances to directors, officers and employees of Holdings or any Subsidiary made
in the ordinary course of business; provided that the aggregate amount of such loans and
advances outstanding at any time shall not exceed $2,000,000;

          (p) Investments in the form of evidences of Indebtedness of officers or employees of Holdings
or any Subsidiary delivered in connection with the acquisition by any such officer or employee of
Equity Interests in Holdings, provided that no cash shall have been advanced by Holdings or
any Subsidiary in connection with any such acquisition;

          (q) the creation of any Subsidiary by Holdings or any Subsidiary, provided that the
sole Investment in such newly created Subsidiary made pursuant to this clause (q) may be in the
form of de minimus assets incidental to the organization and existence of such newly created
Subsidiary;

          (r) (i) Permitted Acquisitions by any Credit Party, provided that, in the case of a
Permitted Acquisition in the form of an acquisition of the Equity Interests in any Person, such
Person (including each Subsidiary of such Person) becomes a wholly owned Domestic Subsidiary of the
Borrower, and (ii) Permitted Acquisitions by any Foreign Subsidiary; and

          (s) other Investments and other acquisitions; provided that, at the time each such
Investment or acquisition is purchased, made or otherwise acquired, (i) no Default or Event of
Default shall have occurred and be continuing or would result therefrom, (ii) Holdings and the
Borrower shall be in compliance with the covenants set forth in Section 6.7 on a pro forma basis in
accordance with Section 1.2(b) and (C) the aggregate amount of all Investments made in reliance on
this clause (s) outstanding at any time, together with the aggregate amount of all Acquisition
Consideration paid in connection with all other acquisitions made in reliance on this clause (s),
shall not exceed $25,000,000 in the aggregate at any time.

          It is understood and agreed that any Investment may meet (and be classified) under more than
one clause of this Section 6.6 and, in such event, the usage of capacity under such clauses shall
be determined without duplication.

          6.7. Financial Covenants. (a) Interest Coverage Ratio. Holdings will not permit the
Interest Coverage Ratio as of the last day of any Fiscal Quarter to be less than 3.00:1.00.

          (b) Leverage Ratio. Holdings will not permit the Leverage Ratio as of the last day
of any Fiscal Quarter, to exceed the correlative ratio indicated:

	 	 	 	 	 
	Fiscal Quarter	 	Leverage Ratio
	Ending after the Closing Date and prior to December 31, 2011
	 	 	3.50:1.00	 
	Ending on or after December 31, 2011
	 	 	3.00:1.00	 

          6.8. Fundamental Changes; Disposition of Assets. (a) Holdings will not, and will not permit
any Subsidiary to, merge or consolidate, or liquidate, wind-up or dissolve

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itself (or suffer any liquidation or dissolution), or sell, transfer, lease or otherwise
dispose of all or any part of its assets (including any Equity Interest), whether now owned or
hereafter acquired, leased or licensed, except:

     (i) any Person may merge into the Borrower in a transaction in which the Borrower is
the surviving entity; provided that any such merger or consolidation involving a
Person that is not a wholly owned Subsidiary immediately prior thereto shall not be
permitted unless it is also permitted under Section 6.6;

     (ii) any Person (other than Holdings or the Borrower) may merge into or consolidate
with any Subsidiary (other than the Borrower) in a transaction in which the surviving entity
is a Subsidiary (and, if any party to such merger or consolidation is a Guarantor
Subsidiary, is a Guarantor Subsidiary); provided that any such merger or
consolidation involving a Person that is not a wholly owned Subsidiary immediately prior
thereto shall not be permitted unless it is also permitted under Section 6.6;

     (iii) any Subsidiary (other than the Borrower) may liquidate or dissolve if the
Borrower determines in good faith that such liquidation or dissolution is not
disadvantageous to the Lenders in any material respect;

     (iv) sales, transfers and other dispositions of inventory, used or surplus equipment,
Cash in the ordinary course of business;

     (v) Investments permitted under Section 6.6;

     (vi) sales, transfers or other dispositions of accounts receivable in connection with
the compromise or collection thereof in the ordinary course of business and not as part of
any accounts receivables financing transaction;

     (vii) dispositions of property to the extent that (A) such property is exchanged for
credit against the purchase price of similar replacement property or (B) the proceeds of
such disposition are promptly applied to the purchase price of such replacement property;

     (viii) grants in the ordinary course of business of licenses, sublicenses, leases or
subleases not materially interfering with the business or operations of Holdings and the
Subsidiaries and not affecting the security interest of the Collateral Agent in the asset or
property subject thereto; and

     (ix) sales, transfers, leases and other dispositions of assets that are not permitted
by any other clause of this Section 6.8; provided that (A) the aggregate fair value
of all assets sold, transferred, leased or otherwise disposed of in reliance on this Section
6.8(a)(ix) shall not exceed $10,000,000 during any Fiscal Year of Holdings, (B) all sales,
transfers, leases and other dispositions made in reliance on this clause (ix) shall be made
for fair value and at least 75% cash consideration and (C) the Net Proceeds thereof shall be
applied as required by Section 2.14.

          (b) Notwithstanding anything to the contrary set forth herein, (i) Holdings will not, and
will not permit any Subsidiary to, sell, transfer or otherwise dispose of any Equity

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Interests in any Subsidiary unless (A) such Equity Interests constitute all the Equity
Interests in such Subsidiary held by Holdings and the Subsidiaries and (B) immediately after giving
effect to such transaction, Holdings and the Subsidiaries shall otherwise be in compliance with
Section 6.7 and (ii) Holdings will not permit any Subsidiary to issue any additional Equity
Interests in such Subsidiary, other than (i) to Holdings or any Subsidiary in compliance with
Section 6.6, (ii) directors’ qualifying shares and (iii) other nominal amounts of Equity Interests
that are required to be held by other Persons under applicable law.

          6.9. Sales and Leasebacks. Holdings will not, and will not permit any Subsidiary to, enter
into any Sale/Leaseback Transaction unless (a) the sale or transfer of the property thereunder is
permitted under Section 6.8, (b) any Capital Lease Obligations arising in connection therewith are
permitted under Section 6.1 and (c) any Liens arising in connection therewith (including Liens
deemed to arise in connection with any such Capital Lease Obligations) are permitted under Section
6.2.

          6.10. Transactions with Affiliates. Holdings will not, and will not permit any Subsidiary to,
directly or indirectly, enter into or permit to exist any transaction (including the purchase,
sale, lease or exchange of any property or the rendering of any service or the amendment,
restatement, supplement or other modification to, or waiver of any rights under, any Existing CVR
Intercompany Agreement, or the entry into any new CVR Intercompany Agreement) with any Affiliate of
Holdings or such Subsidiary on terms that are less favorable to Holdings or such Subsidiary, as the
case may be, than those that would prevail in an arm’s-length transaction with unrelated third
parties; provided that the foregoing restriction shall not apply to (a) transactions
between or among the Credit Parties not involving any other Affiliate, (b) any Restricted Payment
permitted under Section 6.4, (c) issuances by Holdings of Equity Interests and receipt by Holdings
of capital contributions, (d) reasonable and customary fees, indemnities and reimbursements paid to
members of the board of directors (or similar governing body) of Holdings or any Subsidiary, (e)
compensation arrangements for officers and other employees of Holdings and the Subsidiaries entered
into in the ordinary course of business, (f) loans and advances permitted under Section 6.6(n),
6.6(o) or 6.6(p), (g) transactions pursuant to the Existing CVR Intercompany Agreements, as in
effect on the date hereof, provided, in the case of the Services Agreement, that the
allocation of costs thereunder is not less favorable to Holdings and the Subsidiaries than the
allocation thereof in effect during the period covered by the Historical Financial Statements, and
(h) the transactions set forth on Schedule 6.10. Holdings will, and will cause each Subsidiary to,
exercise its rights and remedies under the CVR Intercompany Agreements (including the Existing CVR
Intercompany Agreements), including rights with respect to indemnities, cost reimbursements and
purchase price adjustments, in a manner that it would do in an arms’-length transaction with an
unrelated third party.

          6.11. Conduct of Business. Holdings will not, and will not permit any Subsidiary to, engage
in any business other than the businesses engaged in by Holdings and the Subsidiaries on the date
hereof and similar or related businesses.

          6.12. Permitted Activities of Holdings. Notwithstanding anything herein to the contrary,
Holdings will not (a) engage in any business or activity or own an asset other than (i) holding
100% of the Equity Interests of the Borrower, (ii) performing its obligations and activities
incidental thereto under the Credit Documents, (iii) making Restricted Payments and

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Investments to the extent permitted by the Credit Documents, (iv) establishing and maintaining
bank accounts and (v) performing activities incidental to being a public company; (b) consolidate
with or merge with or into, or convey, transfer, lease or license all or substantially all its
assets to, any Person; (c) cease to be a limited partnership; or (d) fail to hold itself out to the
public as a legal entity separate and distinct from all other Persons.

          6.13. Amendments or Waivers of Organizational Documents. Holdings will not, and will not
permit any Subsidiary to, agree to any amendment, restatement, supplement or other modification to,
or waiver of any of its rights under its Organizational Documents to the extent such amendment,
modification or waiver could reasonably be expected to be adverse in any material respect to the
Lenders.

          6.14. Fiscal Year. Holdings will not, and will not permit any Subsidiary to, change its
Fiscal Year to end on a date other than December 31.

          6.15. United States Federal Income Tax Classification. Neither Holdings nor the Borrower
shall elect to be treated as a corporation for United States federal income tax purposes.

          SECTION 7. GUARANTEE

          7.1. Guarantee of the Obligations. Subject to the provisions of Section 7.2, the Guarantors
jointly and severally hereby irrevocably and unconditionally guarantee to the Administrative Agent,
for the ratable benefit of the Secured Parties, the due and punctual payment in full of all
Obligations when the same shall become due, whether at stated maturity, by required prepayment,
declaration, acceleration, demand or otherwise (including amounts that would become due but for the
operation of the automatic stay under Section 362(a) of the Bankruptcy Code).

          7.2. Contribution by Guarantors. The Guarantors desire to allocate among themselves, in a
fair and equitable manner, their obligations arising under this Section 7. Accordingly, in the
event any payment or distribution is made on any date by a Guarantor (a “Funding Guarantor”) under
this Obligations Guarantee such that its Aggregate Payments exceed its Fair Share as of such date,
such Funding Guarantor shall be entitled to a contribution from each other Guarantor (a
“Contributing Guarantor”) in an amount sufficient to cause each Guarantor’s Aggregate Payments to
equal its Fair Share as of such date. “Fair Share” means, with respect to any Guarantor as of any
date of determination, an amount equal to (a) the ratio of (i) the Fair Share Contribution Amount
with respect to such Guarantor to (ii) the aggregate of the Fair Share Contribution Amounts with
respect to all Guarantors multiplied by (b) the aggregate amount paid or distributed on or before
such date by all Funding Guarantors under their Obligations Guarantee. “Fair Share Contribution
Amount” means, with respect to any Guarantor as of any date of determination, the maximum aggregate
amount of the obligations of such Guarantor under its Obligations Guarantee that would not render
its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance
under Section 548 of the Bankruptcy Code or any comparable applicable provisions of state law;
provided that solely for purposes of calculating the “Fair Share Contribution Amount” with
respect to any Guarantor for purposes of this Section 7.2, any assets or liabilities of such
Guarantor arising by virtue of

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any rights to subrogation, reimbursement or indemnification or any rights to or obligations of
contribution under this Section 7 shall not be considered as assets or liabilities of such
Guarantor. “Aggregate Payments” means, with respect to any Guarantor as of any date of
determination, an amount equal to (i) the aggregate amount of all payments and distributions made
on or before such date by such Guarantor in respect of its Obligations Guarantee (including any
payments and distributions made under this Section 7.2), minus (ii) the aggregate amount of all
payments received on or before such date by such Guarantor from the other Guarantors as
contributions under this Section 7.2. The amounts payable as contributions hereunder shall be
determined as of the date on which the related payment or distribution is made by the applicable
Funding Guarantor. The allocation among Guarantors of their obligations as set forth in this
Section 7.2 shall not be construed in any way to limit the liability of any Guarantor hereunder.

          7.3. Payment by Guarantors. Subject to Section 7.2, the Guarantors hereby jointly and
severally agree, in furtherance of the foregoing and not in limitation of any other right which any
Secured Party may have at law or in equity against any Guarantor by virtue hereof, that upon the
failure of the Borrower to pay any of the Obligations when and as the same shall become due,
whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise
(including amounts that would become due but for the operation of the automatic stay under Section
362(a) of the Bankruptcy Code), the Guarantors will upon demand pay, or cause to be paid, in Cash,
to the Administrative Agent for the ratable benefit of Secured Parties, an amount equal to the sum
of the unpaid principal amount of all Obligations then due as aforesaid.

          7.4. Liability of Guarantors Absolute. Each Guarantor agrees that its obligations under this
Section 7 are irrevocable, absolute, independent and unconditional and shall not be affected by any
circumstance that constitutes a legal or equitable discharge of a guarantor or surety other than
payment in full in Cash of the Obligations. In furtherance of the foregoing and without limiting
the generality thereof, each Guarantor agrees as follows:

          (a) its Obligations Guarantee is a guarantee of payment when due and not of collectability
and is a primary obligation of such Guarantor and not merely a contract of surety;

          (b) the Administrative Agent may enforce its Obligations Guarantee upon the occurrence of an
Event of Default notwithstanding the existence of any dispute between the Borrower and any Secured
Party with respect to the existence of such Event of Default;

          (c) the obligations of each Guarantor hereunder are independent of the obligations of the
Borrower or of any other guarantor (including any other Guarantor) of the obligations of the
Borrower, and a separate action or actions may be brought and prosecuted against such Guarantor
whether or not any action is brought against the Borrower or any of such other guarantors and
whether or not the Borrower is joined in any such action or actions;

          (d) payment by any Guarantor of a portion, but not all, of the Obligations shall in no way
limit, affect, modify or abridge any Guarantor’s liability for any portion of the Obligations that
has not been paid. Without limiting the generality of the foregoing, if the Administrative Agent
is awarded a judgment in any suit brought to enforce any Guarantor’s covenant to pay a portion of
the Obligations, such judgment shall not be deemed to release such

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Guarantor from its covenant to pay the portion of the Obligations that is not the subject of
such suit, and such judgment shall not, except to the extent satisfied by such Guarantor, limit,
affect, modify or abridge any other Guarantor’s liability hereunder in respect of the Obligations;

          (e) any Secured Party may, upon such terms as it deems appropriate, without notice or demand
and without affecting the validity or enforceability of the Guarantees established under this
Section 7 or giving rise to any reduction, limitation, impairment, discharge or termination of any
Guarantor’s liability hereunder, from time to time (i) renew, extend, accelerate, increase the rate
of interest on, or otherwise change the time, place, manner or terms of payment of the Obligations,
(ii) settle, compromise, release or discharge, or accept or refuse any offer of performance with
respect to, or substitutions for, the Obligations or any agreement relating thereto, and/or
subordinate the payment of the same to the payment of any other obligations, (iii) request and
accept other guaranties of the Obligations and take and hold security for the payment hereof or the
Obligations, (iv) release, surrender, exchange, substitute, compromise, settle, rescind, waive,
alter, subordinate or modify, with or without consideration, any security for payment of the
Obligations, any other guaranties of the Obligations, or any other obligation of any Person
(including any other Guarantor) with respect to the Obligations, (v) enforce and apply any security
now or hereafter held by or for the benefit of such Secured Party in respect hereof or the
Obligations and direct the order or manner of sale thereof, or exercise any other right or remedy
that such Secured Party may have against any such security, in each case as such Secured Party in
its discretion may determine consistent herewith or the applicable Hedge Agreement and any
applicable security agreement, including foreclosure on any such security pursuant to one or more
judicial or nonjudicial sales, whether or not every aspect of any such sale is commercially
reasonable, and even though such action operates to impair or extinguish any right of reimbursement
or subrogation or other right or remedy of any Guarantor against any other Credit Party or any
security for the Obligations, and (vi) exercise any other rights available to it under the Credit
Documents or any Hedge Agreements; and

          (f) the Obligations Guarantee and the obligations of the Guarantors thereunder shall be valid
and enforceable and shall not be subject to any reduction, limitation, impairment, discharge or
termination for any reason, including the occurrence of any of the following, whether or not any
Guarantor shall have had notice or knowledge of any of them (in any case other than payment in full
in Cash of the Obligations): (i) any failure or omission to assert or enforce or agreement or
election not to assert or enforce, or the stay or enjoining, by order of court, by operation of law
or otherwise, of the exercise or enforcement of, any claim or demand or any right, power or remedy
(whether arising under the Credit Documents or with respect to any Specified Hedge Obligations or
any Specified Cash Management Obligations, at law, in equity or otherwise) with respect to the
Obligations or any agreement relating thereto, or with respect to any other guarantee of or
security for the payment of the Obligations, (ii) any rescission, waiver, amendment or modification
of, or any consent to departure from, any of the terms or provisions (including provisions relating
to events of default) hereof, any of the other Credit Documents, any of the Specified Hedge
Obligations, any of the Specified Cash Management Obligations or any agreement or instrument
executed pursuant thereto, or of any other guarantee or security for the Obligations, in each case
whether or not in accordance with the terms hereof or such Credit Document, such Specified Hedge
Obligation, such Specified Cash Management Obligation or any agreement relating to such other
guarantee or security, (iii) the Obligations, or any agreement relating thereto, at any time being
found to be illegal,

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invalid or unenforceable in any respect, (iv) the application of payments received from any source
(other than payments received pursuant to the other Credit Documents, any of the Specified Hedge
Obligations or any Specified Cash Management Obligations or from the proceeds of any security for
the Obligations, except to the extent such security also serves as collateral for indebtedness
other than the Obligations) to the payment of indebtedness other than the Obligations, even though
any Secured Party might have elected to apply such payment to any part or all of the Obligations,
(v) any Secured Party’s consent to the change, reorganization or termination of the corporate
structure or existence of the Borrower or any of its Subsidiaries and to any corresponding
restructuring of the Obligations, (vi) any failure to perfect or continue perfection of a security
interest in any collateral that secures any of the Obligations, (vii) any defenses, set-offs or
counterclaims that the Borrower may allege or assert against any Secured Party in respect of the
Obligations, including failure of consideration, breach of warranty, payment, statute of frauds,
statute of limitations, accord and satisfaction and usury, and (viii) any other act or thing or
omission, or delay to do any other act or thing, that may or might in any manner or to any extent
vary the risk of any Guarantor Subsidiary as an obligor in respect of the Obligations.

          7.5. Waivers by Guarantors. Each Guarantor hereby waives, for the benefit of the Secured
Parties: (a) any right to require any Secured Party, as a condition of payment or performance by
such Guarantor in respect of its obligations under this Section 7, (i) to proceed against the
Borrower, any other guarantor (including any other Guarantor) of the Obligations or any other
Person, (ii) to proceed against or exhaust any security held from the Borrower, any such other
guarantor or any other Person, (iii) to proceed against or have resort to any balance of any
Deposit Account or credit on the books of any Secured Party in favor of any Credit Party or any
other Person, or (iv) to pursue any other remedy in the power of any Secured Party whatsoever; (b)
any defense arising by reason of the incapacity, lack of authority or any disability or other
defense of the Borrower or any other Guarantor, including any defense based on or arising out of
the lack of validity or the unenforceability of the Obligations or any agreement or instrument
relating thereto or by reason of the cessation of the liability of the Borrower or any other
Guarantor from any cause other than payment in full in Cash of the Obligations; (c) any defense
based upon any statute or rule of law that provides that the obligation of a surety must be neither
larger in amount nor in other respects more burdensome than that of the principal; (d) any defense
based upon any Secured Party’s errors or omissions in the administration of the Obligations, except
behavior that amounts to gross negligence or willful misconduct; (e) (i) any principles or
provisions of law, statutory or otherwise, that are or might be in conflict with the terms hereof
and any legal or equitable discharge of such Guarantor’s obligations hereunder, (ii) the benefit of
any statute of limitations affecting such Guarantor’s liability hereunder or the enforcement
hereof, (iii) any rights to set-offs, recoupments and counterclaims and (iv) promptness, diligence
and any requirement that any Secured Party protect, secure, perfect or insure any security interest
or lien or any property subject thereto; (f) notices, demands, presentments, protests, notices of
protest, notices of dishonor and notices of any action or inaction, including acceptance hereof,
notices of default under the Credit Documents, the Specified Hedge Obligations, the Specified Cash
Management Obligations or any agreement or instrument related thereto, notices of any renewal,
extension or modification of the Obligations or any agreement related thereto, notices of any
extension of credit to the Borrower or any other Credit Party and notices of any of the matters
referred to in Section 7.4 and any right to consent to any thereof; and (g) any defenses or
benefits that may be derived

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from or afforded by law which limit the liability of or exonerate guarantors or sureties, or
which may conflict with the terms hereof.

          7.6. Guarantors’ Rights of Subrogation, Contribution, Etc. Until the Obligations shall have
been paid in full in Cash, the Revolving Commitments shall have terminated and all Letters of
Credit shall have expired or been cancelled, each Guarantor hereby waives any claim, right or
remedy, direct or indirect, that such Guarantor now has or may hereafter have against the Borrower
or any other Guarantor or any of its assets in connection with its Obligations Guarantee or the
performance by such Guarantor of its obligations thereunder, in each case whether such claim, right
or remedy arises in equity, under contract, by statute, under common law or otherwise and including
(a) any right of subrogation, reimbursement or indemnification that such Guarantor now has or may
hereafter have against the Borrower with respect to the Obligations, (b) any right to enforce, or
to participate in, any claim, right or remedy that any Secured Party now has or may hereafter have
against the Borrower, and (c) any benefit of, and any right to participate in, any collateral or
security now or hereafter held by any Secured Party. In addition, until the Obligations shall have
been paid in full in Cash, the Revolving Commitments shall have terminated and all Letters of
Credit shall have expired or been cancelled, each Guarantor shall withhold exercise of any right of
contribution such Guarantor may have against any other guarantor (including any other Guarantor) of
the Obligations, including any such right of contribution as contemplated by Section 7.2. Each
Guarantor further agrees that, to the extent the waiver or agreement to withhold the exercise of
its rights of subrogation, reimbursement, indemnification and contribution as set forth herein is
found by a court of competent jurisdiction to be void or voidable for any reason, any rights of
subrogation, reimbursement or indemnification such Guarantor may have against the Borrower or
against any collateral or security, and any rights of contribution such Guarantor may have against
any such other guarantor, shall be junior and subordinate to any rights any Secured Party may have
against the Borrower or any other Credit Party, to all right, title and interest any Secured Party
may have in any such collateral or security, and to any right any Secured Party may have against
such other guarantor. If any amount shall be paid to any Guarantor on account of any such
subrogation, reimbursement, indemnification or contribution rights at any time when all Obligations
shall not have been finally and paid in full in Cash, all Revolving Commitments not having
terminated and all Letters of Credit not having expired or been cancelled, such amount shall be
held in trust for the Administrative Agent on behalf of Secured parties and shall forthwith be paid
over to the Administrative Agent for the benefit of Secured Parties to be credited and applied
against the Obligations, whether matured or unmatured, in accordance with the terms hereof.

          7.7. Subordination of Other Obligations. Any Indebtedness of the Borrower or any Guarantor
now or hereafter held by any Guarantor (the “Obligee Guarantor”) is hereby subordinated in right of
payment to the Obligations, and any such Indebtedness collected or received by the Obligee
Guarantor after an Event of Default has occurred and is continuing shall be held in trust for the
Administrative Agent on behalf of Secured Parties and shall forthwith be paid over to the
Administrative Agent for the benefit of Secured Parties to be credited and applied against the
Obligations but without affecting, impairing or limiting in any manner the liability of the Obligee
Guarantor under any other provision hereof.

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          7.8. Continuing Guarantee. The Obligations Guarantee is a continuing guarantee and shall
remain in effect until all of the Obligations shall have been paid in full in Cash, the Revolving
Commitments shall have terminated and all Letters of Credit shall have expired or been cancelled.
Each Guarantor hereby irrevocably waives any right to revoke its Obligations Guarantee as to future
transactions giving rise to any Obligations.

          7.9. Authority of the Guarantors or the Borrower. It is not necessary for any Secured Party
to inquire into the capacity or powers of any Guarantor or the Borrower or the officers, directors
or any agents acting or purporting to act on behalf of any of them.

          7.10. Financial Condition of the Borrower. Any Credit Extension may be made to the Borrower
or continued from time to time, and any Specified Hedge Obligations or Specified Cash Management
Obligations may be incurred from time to time, in each case without notice to or authorization from
any Guarantor regardless of the financial or other condition of the Borrower at the time of any
such grant or continuation or at the time such Specified Hedge Obligations or Specified Cash
Management Obligations are incurred, as the case may be. No Secured Party shall have any
obligation to disclose or discuss with any Guarantor its assessment, or any Guarantor’s assessment,
of the financial condition of the Borrower. Each Guarantor has adequate means to obtain
information from the Borrower on a continuing basis concerning the financial condition of the
Borrower and its ability to perform its obligations under the Credit Documents, the Specified Hedge
Obligations and the Specified Cash Management Obligations, and each Guarantor assumes the
responsibility for being and keeping informed of the financial condition of the Borrower and of all
circumstances bearing upon the risk of nonpayment of the Obligations. Each Guarantor hereby waives
and relinquishes any duty on the part of any Secured Party to disclose any matter, fact or thing
relating to the business, results of operations, assets, liabilities or condition (financial or
otherwise) of the Borrower now known or hereafter known by any Secured Party.

          7.11. Bankruptcy, Etc. (a) So long as any Obligations remain outstanding, no Guarantor
shall, without the prior written consent of the Administrative Agent acting pursuant to the
instructions of the Requisite Lenders, commence or join with any other Person in commencing any
bankruptcy, reorganization or insolvency case or proceeding of or against the Borrower or any other
Guarantor. The obligations of Guarantors hereunder shall not be reduced, limited, impaired,
discharged, deferred, suspended or terminated by any case or proceeding, voluntary or involuntary,
involving the bankruptcy, insolvency, receivership, reorganization, liquidation or arrangement of
the Borrower or any other Guarantor or by any defense that the Borrower or any other Guarantor may
have by reason of the order, decree or decision of any court or administrative body resulting from
any such proceeding.

          (b) Each Guarantor acknowledges and agrees that any interest on any portion of the
Obligations that accrues after the commencement of any case or proceeding referred to in clause (a)
above (or, if interest on any portion of the Obligations ceases to accrue by operation of law by
reason of the commencement of such case or proceeding, such interest as would have accrued on such
portion of the Obligations if such case or proceeding had not been commenced) shall be included in
the Obligations because it is the intention of the Guarantors and the Secured Parties that the
Obligations that are guaranteed by Guarantors pursuant to this Section 7 should be determined
without regard to any rule of law or order which may relieve the Borrower of any

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portion of such Obligations. The Guarantors will permit any trustee in bankruptcy, receiver,
debtor in possession, assignee for the benefit of creditors or similar Person to pay the
Administrative Agent, or allow the claim of the Administrative Agent in respect of, any such
interest accruing after the date on which such case or proceeding is commenced.

          (c) In the event that all or any portion of the Obligations are paid by the Borrower, the
obligations of Guarantors hereunder shall continue and remain in full force and effect or be
reinstated, as the case may be, in the event that all or any part of such payment(s) are rescinded
or recovered directly or indirectly from any Secured Party as a preference, fraudulent transfer or
otherwise, and any such payments which are so rescinded or recovered shall constitute Obligations
for all purposes hereunder.

          7.12. Discharge of Guarantor Subsidiary upon Disposition. If all the Equity Interests in any
Guarantor Subsidiary held by Holdings and the Subsidiaries shall be sold or otherwise disposed of
(including by merger or consolidation) in any transaction permitted by this Agreement, and as a
result of such sale or other disposition such Guarantor Subsidiary shall cease to be a Subsidiary,
such Guarantor Subsidiary shall, upon consummation of such sale or other disposition, automatically
be discharged and released from its obligations under this Section 7, without any further action by
any Secured Party or any other Person, and its obligations to pledge and grant any Collateral owned
by it pursuant to any Collateral Document and the pledge of such Equity Interests to the Collateral
Agent pursuant to the Pledge and Security Agreement shall be automatically released, and the
Administrative Agent and the Collateral Agent shall execute such documents or instruments, and take
such other actions, as may be reasonably requested by Holdings to effect such release. Any
execution and delivery of documents or instruments pursuant to this Section 7.12 shall be without
recourse to or warranty by the Collateral Agent.

          SECTION 8. EVENTS OF DEFAULT

          8.1. Events of Default. If any one or more of the following conditions or events shall occur:

          (a) Failure to Make Payments When Due. Failure by the Borrower to pay (i) when due,
any principal of any Loan, whether at stated maturity, by acceleration, by notice of voluntary
prepayment, by mandatory prepayment or otherwise, (ii) when due, any amount payable to the
applicable Issuing Bank in reimbursement of any drawing under any Letter of Credit or (iii) within
three Business Days after the date due, any interest on any Loan or any fee or any other amount due
hereunder;

          (b) Default in Other Agreements. (i) Holdings or any Subsidiary shall fail, after
giving effect to any applicable grace period, to make any payment that shall have become due and
payable (whether of principal, interest or otherwise and regardless of amount) in respect of any
Material Indebtedness, or (ii) any event or condition shall occur that results in any Material
Indebtedness becoming due prior to its stated maturity or, in the case of any Hedge Agreement,
being terminated, or enables or permits the holder or holders of any Material Indebtedness or any
trustee or agent on its or their behalf, or, in the case of any Hedge Agreement, the applicable
counterparty, with or without the giving of notice (but after the lapse of any applicable grace

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periods), to cause such Material Indebtedness to become due, or to require the prepayment,
repurchase, redemption or defeasance thereof, prior to its stated maturity or, in the case of any
Hedge Agreement, to cause the termination thereof; provided that this clause (b) shall not
apply to (A) secured Indebtedness that becomes due as a result of the voluntary sale or transfer of
the assets securing such Indebtedness or (B) any Indebtedness that becomes due as a result of a
refinancing thereof permitted under Section 6.1;

          (c) Breach of Certain Covenants. Failure of any Credit Party to perform or comply
with any term or condition contained in Section 2.5, 5.1(e), 5.2 (with respect to Holdings and the
Borrower only) or 6;

          (d) Breach of Representations, Etc. Any representation, warranty, certification or
other statement made or deemed made by any Credit Party in any Credit Document or in any statement
or certificate at any time provided by or on behalf of any Credit Party pursuant to or in
connection with any Credit Document shall be inaccurate in any material respect as of the date made
or deemed made;

          (e) Other Defaults under Credit Documents. Any Credit Party shall default in the
performance of or compliance with any term contained herein or in any other Credit Document, other
than any such term referred to in any other clause of this Section 8.1, and such default shall not
have been remedied or waived within 30 days after the earlier of (i) an officer of such Credit
Party becoming aware of such default or (ii) receipt by Holdings or the Borrower of notice from the
Administrative Agent or any Lender of such default;

          (f) Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) A court of competent
jurisdiction shall enter a decree or order for relief in respect of the General Partner, Holdings
or any Subsidiary in an involuntary case under the Bankruptcy Code or under any other applicable
bankruptcy, insolvency or similar law, which decree or order is not stayed; or any other similar
relief shall be granted under any applicable federal or state law, and the petition is not
controverted within 10 days, or is not dismissed within 60 days after the filing thereof; or (ii)
an involuntary case shall be commenced against the General Partner, Holdings or any Subsidiary
under the Bankruptcy Code or under any other applicable bankruptcy, insolvency or similar law; or a
decree or order of a court having jurisdiction in the premises for the appointment of a receiver,
liquidator, sequestrator, trustee, custodian or other officer having similar powers over the
General Partner, Holdings or any Subsidiary, or over all or a substantial part of its property,
shall have been entered; or there shall have occurred the involuntary appointment of an interim
receiver, trustee or other custodian of the General Partner, Holdings or any Subsidiary for all or
a substantial part of its property; or a warrant of attachment, execution or similar process shall
have been issued against any substantial part of the property of the General Partner, Holdings or
any Subsidiary, and any such event described in this clause (ii) shall continue for 60 days without
having been dismissed, bonded or discharged;

          (g) Voluntary Bankruptcy; Appointment of Receiver, Etc. The General Partner,
Holdings or any Subsidiary shall have an order for relief entered with respect to it or shall
commence a voluntary case under the Bankruptcy Code or under any other applicable bankruptcy,
insolvency or similar law, or shall consent to the entry of an order for relief in an involuntary
case, or to the conversion of an involuntary case to a voluntary case, under any such

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law, or shall consent to the appointment of or taking possession by a receiver, trustee or
other custodian for all or a substantial part of its property; or the General Partner, Holdings or
any Subsidiary shall make any assignment for the benefit of creditors; or the General Partner,
Holdings or any Subsidiary shall be unable, or shall fail generally, or shall admit in writing its
inability, to pay its debts as such debts become due; or the board of directors (or similar
governing body) of the General Partner, Holdings or any Subsidiary (or any committee thereof) shall
adopt any resolution or otherwise authorize any action to approve any of the actions referred to in
this Section 8.1(g) or in Section 8.1(f);

          (h) Judgments and Attachments. One or more judgments for the payment of money in an
aggregate amount in excess of $15,000,000 (other than any such judgment covered by insurance (other
than under a self-insurance program) to the extent a claim therefor has been made in writing and
liability therefor has not been denied by the insurer, so long as, in the opinion of the Requisite
Lenders, such insurer is financially sound), shall be rendered against Holdings, any Subsidiary or
any combination thereof and the same shall remain undischarged for a period of 60 days during which
execution shall not be effectively stayed, or any action shall be legally taken by a judgment
creditor to attach or levy upon any assets of Holdings or any Subsidiary to enforce any such
judgment;

          (i) Employee Benefit Plans. There shall occur one or more ERISA Events that
individually or in the aggregate result in, or could reasonably be expected to result in, liability
of Holdings, any Subsidiary or any of their respective ERISA Affiliates in excess of $15,000,000 in
the aggregate;

          (j) Change of Control. A Change of Control shall occur;

          (k) Guarantees, Collateral Documents and other Credit Documents. Any Obligations
Guarantee for any reason shall cease to be, or shall be asserted by any Credit Party not to be, in
full force and effect (other than in accordance with its terms), or shall be declared to be null
and void; any Lien purported to be created under any Collateral Document shall cease to be, or
shall be asserted by any Credit Party not to be, a valid and perfected Lien on any material
Collateral, with the priority required by the applicable Collateral Document, except as a result of
(i) a sale or other disposition of the applicable Collateral in a transaction permitted under the
Credit Documents or (ii) the Collateral Agent’s failure to maintain possession of any stock
certificate, promissory note or other instrument delivered to it under the Collateral Documents or,
with respect to perfection, the failure of the Collateral Agent to take any action within its
control; this Agreement or any Collateral Document shall cease to be in full force and effect
(other than in accordance with its terms), or shall be declared null and void, or any Credit Party
shall contest the validity or enforceability of any Credit Document or deny that it has any further
liability, including with respect to future advances by Lenders, under any Credit Document to which
it is a party;

          (l) CVR Intercompany Agreements. Any CVR Intercompany Agreement expires (without a
renewal thereof) or is terminated, any CVR Energy Entity ceases to provide any service theretofore
provided by it under any CVR Intercompany Agreement or any CVR Energy Entity fails to comply with
its covenants and obligations under any CVR Intercompany Agreement, in each case if the foregoing,
individually or in the aggregate, has resulted or could

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reasonably be expected to result in a Material Adverse Effect, and such condition or event
shall not have been remedied or cured within three days after the occurrence thereof;

          (m) Activities of the General Partner. The General Partner shall (i) create, incur,
assume or permit to exist any Indebtedness or any other obligation or liability whatsoever, other
than (A) nonconsensual obligations imposed by operation of law, including obligations of Holdings
to the extent such obligations become obligations of the General Partner, (B) obligations with
respect to its Equity Interests, (C) obligations to pay for expenses in the ordinary course of
business and (D) any Guarantee of any Indebtedness of any CVR Energy Entity, (ii) create, incur,
assume or permit to exist any Lien upon any assets owned, leased or licensed by it, other than (A)
nonconsensual Liens imposed by operation of law and (B) Liens upon its assets to secure any
Indebtedness of any CVR Energy Entity, or (iii) engage in any business or activity or own an asset
other than (A) holding 100% of the general partner interests in Holdings, (B) acting as the sole
general partner of Holdings and (C) the activities permitted by clauses (i) and (ii) above;

THEN, (i) upon the occurrence of any Event of Default described in Section 8.1(f) or 8.1(g),
automatically, and (ii) upon the occurrence and during the continuance of any other Event of
Default, at the request of (or with the consent of) the Requisite Lenders, upon notice to the
Borrower by the Administrative Agent, (A) the Revolving Commitments and the obligations of each
Issuing Bank to issue Letters of Credit shall immediately terminate, (B) each of the following
shall immediately become due and payable, in each case without presentment, demand, protest or
other requirement of any kind, all of which are hereby expressly waived by each Credit Party: (1)
the unpaid principal amount of and accrued interest on the Loans, (2) an amount equal to the
maximum amount that may at any time be drawn under all Letters of Credit then outstanding
(regardless of whether any beneficiary under any such Letter of Credit shall have presented, or
shall be entitled at such time to present, the drafts or other documents or certificates required
to draw under such Letter of Credit) and (3) all other Obligations (other than the Specified Hedge
Obligations and the Specified Cash Management Obligations); provided that the foregoing
shall not affect in any way the obligations of Lenders under Section 2.3(e); (C) the Administrative
Agent may cause the Collateral Agent to enforce any and all Liens and security interests created
pursuant to the Collateral Documents and (D) the Administrative Agent shall direct the Borrower to
pay (and the Borrower hereby agrees upon receipt of such notice, or upon the occurrence of any
Event of Default specified in Sections 8.1(f) or 8.1(g) to pay) to the Administrative Agent such
additional amounts of cash as shall be reasonably requested by any Issuing Bank, to be held as
security for the Borrower’s reimbursement obligations in respect of Letters of Credit issued by
such Issuing Bank then outstanding.

          SECTION 9. AGENTS

          9.1. Appointment of Agents. GSLP is hereby appointed Administrative Agent and Collateral
Agent hereunder and under the other Credit Documents, and each Lender hereby authorizes GSLP to act
as the Administrative Agent and the Collateral Agent in accordance with the terms hereof and of the
other Credit Documents. Each such Agent hereby agrees to act in its capacity as such upon the
express conditions contained herein and in the other Credit Documents, as applicable. The
provisions of this Section 9, other than Sections 9.7 and 9.8, are solely for the benefit of the
Agents and the Lenders, and no Credit Party shall have any

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rights as a third party beneficiary of any of the provisions thereof. In performing its
functions and duties hereunder, no Agent assumes, and shall not be deemed to have assumed, any
obligation towards or relationship of agency or trust with or for Holdings or any Subsidiary.
Anything herein to the contrary notwithstanding, none of the Arrangers, the Syndication Agent, the
Documentation Agents, or any of the co-agents, bookrunners or managers listed on the cover page
hereof, shall have any duties or obligations under this Agreement or any of the other Credit
Documents, except in its capacity, as applicable, as the Administrative Agent, the Collateral
Agent, a Lender or an Issuing Bank hereunder, but all such Persons shall have the benefit of the
indemnities provided for hereunder.

          9.2. Powers and Duties. Each Lender and Issuing Bank irrevocably authorizes each Agent to
take such actions on such Lender’s behalf and to exercise such powers, rights and remedies
hereunder and under the other Credit Documents as are specifically delegated or granted to such
Agent by the terms hereof and thereof, together with such powers, rights and remedies as are
reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that
are expressly specified herein and in the other Credit Documents. Each Agent may exercise such
powers, rights and remedies and perform such duties by or through its agents or employees. No
Agent shall have, by reason hereof or of any of the other Credit Documents, a fiduciary
relationship in respect of any Lender (regardless of whether or not a Default or Event of Default
has occurred); and nothing herein or in any of the other Credit Documents, expressed or implied, is
intended to or shall be so construed as to impose upon any Agent any obligations in respect hereof
or of any of the other Credit Documents except as expressly set forth herein or therein. Without
limiting the generality of the foregoing, no Agent shall, except as expressly set forth herein and
in the other Credit Documents, have any duty to disclose, and shall not be liable for the failure
to disclose, any information relating to Holdings, the Borrower or any of their Affiliates that is
communicated to or obtained by the Person serving as such Agent or any of its Affiliates in any
capacity.

          9.3. General Immunity.

          (a) No Responsibility for Certain Matters. No Agent shall be responsible to any
Lender or Issuing Bank for the execution, effectiveness, genuineness, validity, enforceability,
collectability or sufficiency hereof or of any other Credit Document or for any representations,
warranties, recitals or statements made herein or therein or made in any written or oral statements
or in any financial or other statements, instruments, reports or certificates or any other
documents furnished or made by any Agent to the Lenders or Issuing Banks or by or on behalf of any
Credit Party to any Agent or any Lender or Issuing Bank in connection with the Credit Documents and
the transactions contemplated thereby or for the financial condition or affairs of any Credit Party
or any other Person liable for the payment of any Obligations, nor shall any Agent be required to
ascertain or inquire as to the performance or observance of any of the terms, conditions,
provisions, covenants or agreements contained in any of the Credit Documents or as to the use of
the proceeds of the Loans or as to the existence or possible existence of any Default or Event of
Default (and shall not be deemed to have knowledge of the existence or possible existence of any
Default or Event of Default unless and until written notice thereof is given to such Agent by
Holdings, the Borrower or any Lender) or to make any disclosures with respect to the foregoing.
Notwithstanding anything contained herein to the contrary, the Administrative

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Agent shall not have any liability arising from confirmations of the amount of outstanding
Loans, the Letter of Credit Usage or the component amounts thereof.

          (b) Exculpatory Provisions. No Agent or any of its Related Parties shall be liable
to the Lenders or the Issuing Banks for any action taken or omitted by such Agent under or in
connection with any of the Credit Documents except to the extent caused by such Agent’s gross
negligence or willful misconduct, as determined by a final, non-appealable judgment of a court of
competent jurisdiction. Each Agent shall be entitled to refrain from the taking of any action
(including the failure to take an action) in connection herewith or with any of the other Credit
Documents or from the exercise of any power, discretion or authority vested in it hereunder or
thereunder unless and until such Agent shall have received instructions in respect thereof from the
Requisite Lenders (or such other Lenders as may be required, or as such Agent shall believe in good
faith to be required, to give such instructions under Section 10.5) and, upon receipt of such
instructions from the Requisite Lenders (or such other Lenders, as the case may be), such Agent
shall be entitled to act or (where so instructed) refrain from acting, or to exercise such power,
discretion or authority, in accordance with such instructions; provided that such Agent
shall not be required to take any action that, in its opinion, could expose such Agent to liability
or be contrary to any Credit Document or applicable law. Without prejudice to the generality of
the foregoing, (i) each Agent shall be entitled to rely, and shall be fully protected in relying,
on any communication (including any telephonic notice), instrument or document believed by it to be
genuine and correct and to have been signed, sent or given by the proper Person (whether or not
such Person in fact meets the requirements set forth in the Credit Documents for being the
signatory, sender or provider thereof), and on opinions and judgments of attorneys (who may be
attorneys for Holdings and the Subsidiaries), accountants, experts and other professional advisors
selected by it; and (ii) no Lender shall have any right of action whatsoever against any Agent as a
result of such Agent acting or (where so instructed) refraining from acting hereunder or any of the
other Credit Documents in accordance with the instructions of the Requisite Lenders (or such other
Lenders as may be required, or as such Agent shall believe in good faith to be required, to give
such instructions under Section 10.5).

          (c) Delegation of Duties. Each of the Administrative Agent and the Collateral Agent
may perform any and all of its duties and exercise any and all of its rights and powers under this
Agreement or under any other Credit Document by or through any one or more sub-agents appointed by
such Agent. Each of the Administrative Agent and the Collateral Agent and any such of its
sub-agents may perform any and all of its duties and exercise any and all of its rights and powers
by or through their respective Affiliates. The exculpatory, indemnification and other provisions
of this Section 9.3 and of Sections 9.6 and 10.3 shall apply to any such sub-agent or Affiliate
(and their respective Related Parties) as if they were named as such Agent, and shall apply to
their respective activities in connection with the syndication of the credit facilities provided
for herein as well as activities as, or on behalf of, an Agent. Notwithstanding anything herein to
the contrary, with respect to each sub-agent appointed by the Administrative Agent or the
Collateral Agent, (i) such sub-agent shall be a third party beneficiary under exculpatory,
indemnification and other provisions of this Section 9.3 and of Sections 9.6 and 10.3 and shall
have all of the rights and benefits of a third party beneficiary, including an independent right of
action to enforce such provisions directly, without the consent or joinder of any other Person,
against any or all of the Credit Parties and the Lenders and (ii) such sub-agent shall only have
obligations to such Agent and not to any Credit Party, Lender or any other Person, and no Credit

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Party, Lender or any other Person shall have any rights, directly or indirectly, as a third
party beneficiary or otherwise, against such sub-agent.

          9.4. Agents Entitled to Act in Individual Capacity. Nothing herein or in any other Credit
Document shall in any way impair or affect any of the rights and powers of, or impose any duties or
obligations upon, any Agent in its individual capacity as a Lender or an Issuing Bank hereunder.
With respect to its participation in the Loans and the Letters of Credit, each Agent shall have the
same rights and powers hereunder as any other Lender and may exercise the same as if it were not
performing the duties and functions delegated to it hereunder, and the term “Lender” shall, unless
the context clearly otherwise indicates, include each Agent in its individual capacity. Each Agent
and its Affiliates may accept deposits from, lend money to, own securities of, and generally engage
in any kind of banking, trust, financial advisory or other business with Holdings or any of its
Affiliates as if it were not performing the duties and functions specified herein, and may accept
fees and other consideration from Holdings and its Affiliates for services in connection herewith
and otherwise without having to account for the same to the Lenders or the Issuing Banks.

          9.5. Lenders’ Representations, Warranties and Acknowledgments.

          (a) Each Lender and Issuing Bank represents and warrants that it has made, and will continue
to make, its own independent investigation of the financial condition and affairs of Holdings and
the Subsidiaries in connection with Credit Extensions or taking or not taking action under or based
upon any Credit Document, in each case without reliance on any Agent, any Arranger or any Related
Party of any of the foregoing. No Agent shall have any duty or responsibility, either initially or
on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or
Issuing Banks or to provide any Lender or Issuing Bank with any credit or other information with
respect thereto, whether coming into its possession before the making of the Credit Extensions or
at any time or times thereafter.

          (b) Each Lender, by delivering its signature page to this Agreement, an Assignment Agreement
or an Incremental Facility Agreement and funding its Tranche B Term Loan and/or Revolving Loans on
the Closing Date or by funding any Incremental Term Loan or any Revolving Loan made under an
Incremental Revolving Commitment, as the case may be, shall be deemed to have acknowledged receipt
of, and consented to and approved, each Credit Document and each other document required to be
approved by any Agent, the Requisite Lenders or other requisite Lenders, as applicable, on the
Closing Date or as of the date of funding of such Incremental Term Loans or such Revolving Loans.

          (c) Each Lender acknowledges that Affiliated Lenders may be Eligible Assignees hereunder and
may purchase (including pursuant to privately negotiated transactions with one or more Lenders that
are not made available for participation to all Lenders or all Lenders of a particular Class) Term
Loans and Term Loan Commitments hereunder from Lenders from time to time, subject to the
restrictions set forth herein, including Sections 10.5 and 10.6. Each Lender agrees that the
Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into
whether any Lender is at any time an Affiliated Lender and, unless the Administrative Agent shall
have received, pursuant to the covenants, if any, of such Lender set forth herein or in the
Assignment Agreement pursuant to which such Lender shall have purchased and assumed any Loan or
Commitment hereunder, prior written notice from any

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Lender that such Lender is an Affiliated Lender, the Administrative Agent may deal with such
Lender (including for purposes of determining the consent, approval, vote or other similar action
of the Lenders or the Lenders of any Class), and shall not incur any liability for so doing, as if
such Lender were not an Affiliated Lender.

          9.6. Right to Indemnity. Each Lender, in proportion to its Pro Rata Share (determined as set
forth below), severally agrees to indemnify each Agent and each Related Party thereof, to the
extent that such Agent or such Related Party shall not have been reimbursed by any Credit Party for
and against any and all liabilities, obligations, losses, damages, penalties, claims, actions,
judgments, suits, costs, expenses (including fees and disbursements of counsel) or disbursements of
any kind or nature whatsoever that may be imposed on, incurred by or asserted against such Agent or
any such Related Party in exercising the powers, rights and remedies, or performing the duties and
functions, of such Agent under the Credit Documents or otherwise in relation to its capacity as an
Agent; provided that no Lender shall be liable for any portion of such liabilities,
obligations, losses, damages, penalties, claims, actions, judgments, suits, costs, expenses or
disbursements resulting from such Agent’s gross negligence or willful misconduct, as determined by
a final, non-appealable judgment of a court of competent jurisdiction. If any indemnity furnished
to any Agent for any purpose shall, in the opinion of such Agent, be insufficient or become
impaired, such Agent may call for additional indemnity and cease, or not commence, to do the acts
indemnified against until such additional indemnity is furnished; provided that in no event
shall this sentence require any Lender to indemnify such Agent against any liability, obligation,
loss, damage, penalty, action, judgment, suit, cost, expense or disbursement in excess of such
Lender’s Pro Rata Share thereof; and provided further that this sentence shall not
be deemed to require any Lender to indemnify such Agent against any liability, obligation, loss,
damage, penalty, claim, action, judgment, suit, cost, expense or disbursement described in the
proviso in the immediately preceding sentence. For purposes of this Section 9.6, “Pro Rata Share”
shall be determined as of the time that the applicable indemnity payment is sought (or, in the
event at such time all the Commitments shall have terminated and all the Loans shall have been
repaid in full, as of the time most recently prior thereto when any Loans or Commitments remained
outstanding).

          9.7. Successor Administrative Agent and Collateral Agent. Subject to the terms of this
Section 9.7, the Administrative Agent (which term shall include the Collateral Agent for purposes
of this Section 9.7) may resign at any time from its capacity as such. In connection with such
resignation, the Administrative Agent shall give notice of its intent to resign to the Lenders, the
Issuing Banks and the Borrower. Upon receipt of any such notice of resignation, the Requisite
Lenders shall have the right, in consultation with the Borrower, to appoint a successor. If no
successor shall have been so appointed by the Requisite Lenders and shall have accepted such
appointment within 30 days after the retiring Administrative Agent gives notice of its intent to
resign, then the retiring Administrative Agent may, on behalf of the Lenders and the Issuing Banks,
appoint a successor Administrative Agent. Upon the acceptance of its appointment as Administrative
Agent hereunder by a successor, such successor shall succeed to and become vested with all the
rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring
Administrative Agent shall be discharged from its duties and obligations hereunder and under the
other Credit Documents. The fees payable by Holdings and the Borrower to a successor
Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed
by Holdings, the Borrower and such successor.

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Notwithstanding the foregoing, in the event no successor Administrative Agent shall have been
so appointed and shall have accepted such appointment within 30 days after the retiring
Administrative Agent gives notice of its intent to resign, the retiring Administrative Agent may
give notice of the effectiveness of its resignation to the Lenders, the Issuing Banks and the
Borrower, whereupon, on the date of effectiveness of such resignation stated in such notice, (a)
the retiring Administrative Agent shall be discharged from its duties and obligations hereunder and
under the other Credit Documents, provided that, solely for purposes of maintaining any
security interest granted to the Administrative Agent under any Collateral Document for the benefit
of the Secured Parties, the retiring Administrative Agent shall continue to be vested with such
security interest as collateral agent for the benefit of the Secured Parties and, in the case of
any Collateral in the possession of the Administrative Agent, shall continue to hold such
Collateral, in each case until such time as a successor Administrative Agent is appointed and
accepts such appointment in accordance with this paragraph (it being understood and agreed that the
retiring Administrative Agent shall have no duty or obligation to take any further action under any
Collateral Document, including any action required to maintain the perfection of any such security
interest), and (b) the Requisite Lenders shall succeed to and become vested with all the rights,
powers, privileges and duties of the retiring Administrative Agent, provided that (i) all
payments required to be made hereunder or under any other Credit Document to the Administrative
Agent for the account of any Person other than the Administrative Agent shall be made directly to
such Person and (ii) all notices and other communications required or contemplated to be given or
made to the Administrative Agent shall also directly be given or made to each Lender and each
Issuing Bank. Following the effectiveness of the Administrative Agent’s resignation from its
capacity as such, the provisions of this Section 9 shall continue in effect for the benefit of such
retiring Administrative Agent, its sub agents and their respective Related Parties in respect of
any actions taken or omitted to be taken by any of them while it was acting as Administrative Agent
and in respect of the matters referred to in the proviso under clause (a) above. Any resignation
of the Administrative Agent shall be deemed to be a resignation of the Collateral Agent, and any
successor Administrative Agent appointed pursuant to this Section shall, upon its acceptance of
such appointment, become the successor Collateral Agent for all purposes of the Credit Documents.

          9.8. Collateral Documents and Guarantee. (a) Agents under Collateral Documents and the
Obligations Guarantee. Each Secured Party hereby further authorizes the Administrative Agent
and the Collateral Agent, on behalf of and for the benefit of the Secured Parties, to be the agent
for and representative of the Secured Parties with respect to the Obligations Guarantee, the
Collateral and the Collateral Documents; provided that neither the Administrative Agent nor
the Collateral Agent shall owe any fiduciary duty, duty of loyalty, duty of care, duty of
disclosure or any other obligation whatsoever to any holder of any Specified Hedge Obligations or
Specified Cash Management Obligations. Without further written consent or authorization from any
Secured Party, the Administrative Agent or the Collateral Agent, as applicable, may execute any
documents or instruments necessary (i) in connection with any sale or other disposition of assets
permitted by this Agreement (or to which the Requisite Lenders (or such other Lenders as may be
required to give such consent under Section 10.5) have otherwise consented), to release any Lien
encumbering any item of Collateral that is the subject of such sale or other disposition and (ii)
to confirm the release and discharge of any Guarantor Subsidiary from its Obligations Guarantee as
contemplated by Section 7.12 or as consented to by the Requisite Lenders (or such other Lenders as
may be required to give such consent under

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Section 10.5). Any execution and delivery of documents or instruments pursuant to this
Section 9.8(a) shall be without recourse to or representation or warranty by the Administrative
Agent or the Collateral Agent.

          (b) Right to Realize on Collateral and Enforce Obligations Guarantee.
Notwithstanding anything contained in any of the Credit Documents to the contrary, the Credit
Parties, the Administrative Agent, the Collateral Agent and each Secured Party hereby agree that
(i) no Secured Party shall have any right individually to realize upon any of the Collateral or to
enforce any Obligations Guarantee, it being understood and agreed that all powers, rights and
remedies hereunder may be exercised solely by the Administrative Agent on behalf of the Secured
Parties in accordance with the terms hereof and that all powers, rights and remedies under the
Collateral Documents may be exercised solely by the Collateral Agent on behalf of the Secured
Parties in accordance with the terms thereof and (ii) in the event of a foreclosure by the
Collateral Agent on any of the Collateral pursuant to a public or private sale or other
disposition, the Collateral Agent or any Lender may be the purchaser or licensor of any or all of
such Collateral at any such sale or other disposition and the Collateral Agent, as agent for and
representative of the Secured Parties (but not any Lender or Lenders in its or their respective
individual capacities unless the Requisite Lenders shall otherwise agree in writing) shall be
entitled, for the purpose of bidding and making settlement or payment of the purchase price for all
or any portion of the Collateral sold at any such public sale, to use and apply any of the
Obligations as a credit on account of the purchase price for any collateral payable by the
Collateral Agent at such sale or other disposition.

          (c) Specified Hedge Obligations and Related Hedge Agreements. No obligations under
any Hedge Agreement that constitute Specified Hedge Obligations will create (or be deemed to
create) in favor of any Secured Party that is a party thereto any rights in connection with the
management or release of any Collateral or of the obligations of any Guarantor under the Credit
Documents except as expressly provided in Section 10.5(c)(iv) of this Agreement and Section [8.2]
of the Pledge and Security Agreement. By accepting the benefits of the Collateral, each Hedge
Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agreed to be
bound by the Credit Documents as a Secured Party, subject to the limitations set forth in this
Section 9.8(c), and shall be deemed to have acknowledged and consented to the provisions of Section
9.10.

          (d) Specified Cash Management Obligations and Related Cash Management Services. No
obligations arising in respect of any Cash Management Services that constitute Specified Cash
Management Obligations will create (or be deemed to create) in favor of any Secured Party that is a
provider thereof any rights in connection with the management or release of any Collateral or of
the obligations of any Guarantor under the Credit Documents except as expressly provided in Section
10.5(c)(iv) of this Agreement and Section [8.2] of the Pledge and Security Agreement. By accepting
the benefits of the Collateral, each Cash Management Service Provider shall be deemed to have
appointed the Collateral Agent as its agent and agreed to be bound by the Credit Documents as a
Secured Party, subject to the limitations set forth in this Section 9.8(d), and shall be deemed to
have acknowledged and consented to the provisions of Section 9.10.

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          (e) Release of Collateral and Obligations Guarantee. Notwithstanding anything to the
contrary contained herein or any other Credit Document, when all Obligations (excluding the
Specified Cash Management Obligations and any contingent obligations as to which no claim has been
made, but including the Specified Hedge Obligations) have been paid in full, all Commitments have
terminated or expired and no Letter of Credit shall be outstanding, upon request of the Borrower,
the Administrative Agent and the Collateral Agent shall (without notice to, or vote or consent of,
any Secured Party) take such actions as shall be required to release its security interest in all
Collateral, and to release all Obligations Guarantee provided for in any Credit Document. In
connection with, and as a condition to, any such release, the Administrative Agent and the
Collateral Agent may request, but shall not be required to request, a certificate of an Authorized
Officer of the Borrower confirming that all Specified Hedge Obligations shall have been, or
substantially concurrently with the effectiveness of such release shall be, paid in full and
discharged, and may rely (and shall incur no liability in relying) upon such certificate. Any such
release of the Obligations Guarantee shall be deemed subject to the provision that such Obligations
Guarantee shall be reinstated if after such release any portion of any payment in respect of the
Obligations guaranteed thereby shall be rescinded or must otherwise be restored or returned upon
the insolvency, bankruptcy, dissolution, liquidation or reorganization of the Borrower or any
Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator of,
or trustee or similar officer for, the Borrower or any Guarantor or any substantial part of its
property, or otherwise, all as though such payment had not been made.

          9.9. Withholding Taxes. To the extent required by any applicable law, the Administrative
Agent may withhold from any payment to any Lender or Issuing Bank an amount equivalent to any
applicable withholding Tax. If the Internal Revenue Service or any other Governmental Authority
asserts a claim that the Administrative Agent did not properly withhold Tax from amounts paid to or
for the account of any Lender or Issuing Bank because the appropriate form was not delivered or was
not properly executed or because such Lender or Issuing Bank failed to notify the Administrative
Agent of a change in circumstance which rendered the exemption from, or reduction of, withholding
Tax ineffective or for any other reason, or if the Administrative Agent reasonably determines that
a payment was made to a Lender or Issuing Bank pursuant to this Agreement without deduction of
applicable withholding Tax from such payment, such Lender or Issuing Bank shall indemnify the
Administrative Agent fully for all amounts paid, directly or indirectly, by the Administrative
Agent as Tax or otherwise, including any penalties or interest and together with all expenses
(including legal expenses, allocated internal costs and out-of-pocket expenses) incurred.

          9.10. Intercreditor Agreement. The Lenders and the Issuing Banks acknowledge that obligations
of the Borrower and the Subsidiaries under the Second Lien Indebtedness will be secured by Liens on
assets of the Borrower and the Subsidiaries that constitute Collateral. At the request of the
Borrower, the Administrative Agent and/or the Collateral Agent shall enter into the Intercreditor
Agreement establishing the relative rights of the Secured Parties and of the secured parties under
the Second Lien Indebtedness with respect to the Collateral. Each Lender and each Issuing Bank
hereby irrevocably (a) consents to the treatment of Liens to be provided for under the
Intercreditor Agreement, (b) authorizes and directs the Administrative Agent and the Collateral
Agent to execute and deliver the Intercreditor Agreement and any documents relating thereto, in
each case on behalf of such Lender or such Issuing Bank and without any further consent,
authorization or other action by such Lender or

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such Issuing Bank, (c) agrees that, upon the execution and delivery thereof, such Lender or
such Issuing Bank will be bound by the provisions of the Intercreditor Agreement as if it were a
signatory thereto and will take no actions contrary to the provisions of the Intercreditor
Agreement and (d) agrees that no Lender or Issuing Bank shall have any right of action whatsoever
against the Administrative Agent or the Collateral Agent as a result of any action taken by the
Administrative Agent or the Collateral Agent pursuant to this Section or in accordance with the
terms of the Intercreditor Agreement. Each Lender and each Issuing Bank hereby further irrevocably
authorizes and directs the Administrative Agent and the Collateral Agent to enter into such
amendments, supplements or other modifications to the Intercreditor Agreement in connection with
any extension, renewal, refinancing or replacement of any Loans or any Second Lien Indebtedness as
are reasonably acceptable to the Administrative Agent to give effect thereto, in each case on
behalf of such Lender or such Issuing Bank and without any further consent, authorization or other
action by such Lender or such Issuing Bank. The Administrative Agent and the Collateral Agent
shall have the benefit of the provisions of this Section 9 with respect to all actions taken by it
pursuant to this Section 9.10 or in accordance with the terms of the Intercreditor Agreement to the
full extent thereof.

          SECTION 10. MISCELLANEOUS

          10.1. Notices. (a) Notices Generally. Any notice or other communication hereunder
given to any Credit Party, the Administrative Agent, the Collateral Agent, any Lender or any
Issuing Bank shall be given to such Person at its address as set forth on Schedule 10.1 or, in the
case of any Lender or Issuing Bank, at such address as shall have been provided by such Lender or
Issuing Bank to the Administrative Agent in writing. Except in the case of notices and other
communications expressly permitted to be given by telephone and as otherwise provided in Section
10.1(b), each notice or other communication hereunder shall be in writing and shall be delivered by
hand or sent by facsimile (except for any notices or other communication given to the
Administrative Agent or the Collateral Agent), courier service or certified or registered United
States mail and shall be deemed to have been given when delivered in person or by courier service
and signed for against receipt thereof, when sent by facsimile as shown on the transmission report
therefor (except that, if not sent during normal business hours for the recipient, shall be deemed
to have been received at the opening of business on the next Business Day for the recipient) or
upon receipt if sent by United States mail; provided that no notice or other communication
given to the Administrative Agent shall be effective until received by it; and provided
further that any such notice or other communication shall, at the request of the
Administrative Agent, be provided to any sub-agent thereof appointed pursuant to Section 9.3(c)
from time to time. Any party hereto may change its address (including fax or telephone number) for
notices and other communications hereunder by notice to each of the Administrative Agent and the
Borrower.

          (b) Electronic Communications.

     (i) Notices and other communications to any Agent, any Lender and any Issuing Bank
hereunder may be delivered or furnished by electronic communication (including e-mail and
Internet or intranet websites, including the Platform) pursuant to procedures approved by
the Administrative Agent; provided that the foregoing shall not apply to notices to
any Lender or any Issuing Bank pursuant to Section 2 if such Lender or such

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Issuing Bank has notified the Administrative Agent that it is incapable of receiving
notices under such Section by electronic communication. The Administrative Agent and the
Borrower may, in its discretion, agree to accept notices and other communications to it
hereunder by electronic communications pursuant to procedures approved by it;
provided that approval of such procedures may be limited to particular notices or
communications or rescinded by such Person by notice to each other such Person. Except as
set forth in the last paragraph of Section 5.1, unless the Administrative Agent otherwise
prescribes, (A) notices and other communications sent to an e-mail address shall be deemed
received upon the sender’s receipt of an acknowledgement from the intended recipient (such
as by the “return receipt requested” function, as available, return e-mail or other written
acknowledgement); provided that if such notice or other communication is not sent
during the normal business hours of the recipient, such notice or communication shall be
deemed to have been sent at the opening of business on the next Business Day for the
recipient; and (B) notices or communications posted to an Internet or intranet website shall
be deemed received upon the deemed receipt by the intended recipient at its e-mail address
as described in the foregoing clause (A) of notification that such notice or communication
is available and identifying the website address therefor.

     (ii) Each Credit Party understands that the distribution of materials through an
electronic medium is not necessarily secure and that there are confidentiality and other
risks associated with such distribution, and agrees and assumes the risks associated with
such electronic distribution, except to the extent caused by the willful misconduct or gross
negligence of the Administrative Agent, as determined by a final, non-appealable judgment of
a court of competent jurisdiction.

     (iii) The Platform and any Approved Electronic Communications are provided “as is” and
“as available”. None of the Agents or any of their Related Parties warrants as to the
accuracy, adequacy or completeness of the Approved Electronic Communications or the
Platform, and each of the Agents and their Related Parties expressly disclaims liability for
errors or omissions in the Platform and the Approved Electronic Communications. No warranty
of any kind, express, implied or statutory, including any warranty of merchantability,
fitness for a particular purpose, non-infringement of third party rights or freedom from
viruses or other code defects, is made by any Agent or any of its Related Parties in
connection with the Platform or the Approved Electronic Communications.

     (iv) Each Credit Party, each Lender and each Issuing Bank agrees that the
Administrative Agent may, but shall not be obligated to, store any Approved Electronic
Communications on the Platform in accordance with the Administrative Agent’s customary
document retention procedures and policies.

     (v) Any notice of Default or Event of Default may be provided by telephone if
confirmed promptly thereafter by delivery of written notice thereof.

          (c) Private Side Information Contacts. Each Public Lender agrees to cause at least
one individual at or on behalf of such Public Lender to at all times have selected the

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“Private Side Information” or similar designation on the content declaration screen of the
Platform in order to enable such Public Lender or its delegate, in accordance with such Public
Lender’s compliance procedures and applicable law, including United States federal and state
securities laws, to make reference to information that is not made available through the “Public
Side Information” portion of the Platform and that may contain Non-Public Information with respect
to Holdings, the Subsidiaries or their Securities for purposes of United States federal or state
securities laws. In the event that any Public Lender has determined for itself to not access any
information disclosed through the Platform or otherwise, such Public Lender acknowledges that (i)
other Lenders may have availed themselves of such information and (ii) neither any Credit Party nor
any Agent has any responsibility for such Public Lender’s decision to limit the scope of the
information it has obtained in connection with this Agreement and the other Credit Documents.

          10.2. Expenses. Whether or not the transactions contemplated hereby shall be consummated, the
Borrower agrees to pay promptly (a) the reasonable out-of-pocket costs and expenses (including the
reasonable fees, expenses and other charges of counsel) incurred by any Agent, the Arrangers or any
of their respective Affiliates in connection with the structuring, arrangement and syndication of
the credit facilities provided for herein and any credit or similar facility refinancing or
replacing, in whole or in part, the credit facilities provided herein, including the preparation,
execution, delivery and administration of this Agreement, the other Credit Documents or any
amendments, modifications or waivers of the provisions hereof or thereof (whether or not the
transactions contemplated hereby or thereby shall be consummated) or any other document or matter
requested by the Borrower (provided that, so long as no Default or Event of Default shall
have occurred and be continuing, the Administrative Agent shall be entitled to reimbursement of
fees, expenses and other charges of only one primary counsel and, if reasonably required by the
Administrative Agent, any local or specialist counsel), (b) the reasonable costs and expenses of
creating, perfecting, recording, maintaining and preserving Liens in favor of the Collateral Agent,
for the benefit of Secured Parties, including filing and recording fees, expenses and taxes, stamp
or documentary taxes, search fees, title insurance premiums and reasonable fees, expenses and other
charges of counsel to the Collateral Agent and of counsel providing any opinions that the
Administrative Agent or the Collateral Agent may reasonably request in respect of the Collateral or
the Liens created pursuant to the Collateral Documents, (c) the reasonable fees, expenses and other
charges of any auditors, accountants, consultants (including independent engineers) or appraisers
employed or retained by the Administrative Agent or the Collateral Agent in connection with its
performance of duties or obligations, or exercise of rights or remedies, under the Credit
Documents, (d) the reasonable costs and expenses in connection with the custody or preservation of
any of the Collateral, and (e) after the occurrence and during the continuance of an Event of
Default, all out-of-pocket costs and expenses, including reasonable fees, expenses and other
charges of counsel and costs of settlement, incurred by any Agent, Arranger, Lender or Issuing Bank
in enforcing any Obligations of or in collecting any payments due from any Credit Party hereunder
or under the other Credit Documents by reason of such Event of Default (including in connection
with the sale, lease or license of, collection from, or other realization upon any of the
Collateral or the enforcement of any Obligations Guarantee) or in connection with any refinancing
or restructuring of the credit arrangements provided hereunder in the nature of a “work-out” or
pursuant to any insolvency or bankruptcy cases or proceedings (provided that, the Agents,
the Arrangers, the Lenders and the Issuing Banks shall be entitled to reimbursement of fees,

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expenses, and other charges of only one primary counsel for each such group and, if reasonably
requested by the Agents, the Arrangers, the Lenders or the Issuing Banks, as the case may be, any
local or specialist counsel for such group (and, solely in the case of any actual or potential
conflict of interest as determined by the affected Person, one additional counsel for such Person).
All amounts due under this Section 10.2 shall be payable promptly after written demand therefor.

          10.3. Indemnity. (a) In addition to the payment of expenses pursuant to Section 10.2,
whether or not the transactions contemplated hereby shall be consummated, each Credit Party agrees
to defend (subject to the applicable Indemnitee’s selection of counsel), indemnify, pay and hold
harmless, each Agent (and each sub-agent thereof), Arranger, Lender and Issuing Bank and each of
their respective Related Parties (each, an “Indemnitee”), from and against any and all Indemnified
Liabilities. THE FOREGOING INDEMNIFICATION SHALL APPLY WHETHER OR NOT SUCH INDEMNIFIED LIABILITIES
ARE IN ANY WAY OR TO ANY EXTENT OWED, IN WHOLE OR IN PART, UNDER ANY CLAIM OR THEORY OF STRICT
LIABILITY, OR ARE CAUSED, IN WHOLE OR IN PART, BY ANY NEGLIGENT ACT OR OMISSION OF ANY KIND BY ANY
INDEMNITEE; provided that no Credit Party shall have any obligation to any Indemnitee
hereunder with respect to any Indemnified Liabilities to the extent such Indemnified Liabilities
(i) arise out of the gross negligence or willful misconduct of such Indemnitee, in each case, as
determined by a final, non-appealable judgment of a court of competent jurisdiction, (ii) arise out
of any investigation, litigation, claim or proceeding that does not involve any act or omission of
Holdings or any of its Affiliates and that is brought by an Indemnitee against any other Indemnitee
(other than any such investigation, litigation, claim or proceeding against any Agent, any Arranger
or any Issuing Bank in its capacity as such) or (iii) arise with respect to Taxes, other than Taxes
that represent losses or damages from any non-Tax claim. To the extent that the undertakings to
defend, indemnify, pay and hold harmless set forth in this Section 10.3 may be unenforceable in
whole or in part because they are violative of any law or public policy, the applicable Credit
Party shall contribute the maximum portion that it is permitted to pay and satisfy under applicable
law to the payment and satisfaction of all Indemnified Liabilities incurred by Indemnitees or any
of them.

          (b) To the extent permitted by applicable law, no Credit Party shall assert, and each Credit
Party hereby waives, any claim against any Agent, Arranger, Lender or Issuing Bank or any Related
Party of any of the foregoing on any theory of liability, for special, indirect, consequential or
punitive damages (as opposed to direct or actual damages) (whether or not the claim therefor is
based on contract, tort or duty imposed by any applicable legal requirement) arising out of, in
connection with, as a result of, or in any way related to, this Agreement or any other Credit
Document or any agreement or instrument contemplated hereby or thereby or referred to herein or
therein, the transactions contemplated hereby or thereby, any Loan or the use of the proceeds
thereof or any act or omission or event occurring in connection therewith, and each Credit Party
hereby waives, releases and agrees not to sue upon any such claim or any such damages, whether or
not accrued and whether or not known or suspected to exist in its favor.

          (c) Each Credit Party agrees that no Agent, Arranger, Lender or Issuing Bank or any Related
Party of any of the foregoing will have any liability to any Credit Party or any Person asserting
claims on behalf of or in right of any Credit Party or any other Person in

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connection with or as a result of this Agreement or any other Credit Document or any agreement
or instrument contemplated hereby or thereby or referred to herein or therein, the transactions
contemplated hereby or thereby, any Loan or the use of the proceeds thereof or any act or omission
or event occurring in connection therewith, in each case, except, subject to Section 10.3(b), in
the case of any Credit Party to the extent that any losses, claims, damages, liabilities or
expenses incurred by such Credit Party or its affiliates, shareholders, partners or other equity
holders have been found by a final, non-appealable judgment of a court of competent jurisdiction to
have resulted from the gross negligence or willful misconduct of such Agent, Arranger, Lender or
Issuing Bank in performing its obligations under this Agreement or any Credit Document or any
agreement or instrument contemplated hereby or thereby or referred to herein or therein.

          10.4. Set-Off. In addition to any rights now or hereafter granted under applicable law and
not by way of limitation of any such rights, upon the occurrence and during the continuance of any
Event of Default each Lender and each Issuing Bank is hereby authorized by each Credit Party at any
time or from time to time, without notice to any Credit Party, any such notice being hereby
expressly waived, to set off and to appropriate and to apply any and all deposits (general or
special, including Indebtedness evidenced by certificates of deposit, whether matured or unmatured,
but not including trust accounts) and any other Indebtedness at any time held or owing by such
Lender or such Issuing Bank to or for the credit or the account of any Credit Party against and on
account of the obligations and liabilities of any Credit Party to such Lender or such Issuing Bank
hereunder and under the other Credit Documents, including all claims of any nature or description
arising out of or connected hereto or thereto, irrespective of whether or not (a) such Lender or
such Issuing Bank shall have made any demand hereunder or (b) the principal of or the interest on
the Loans or any amounts in respect of the Letters of Credit or any other amounts due hereunder
shall have become due and payable pursuant to Section 2 and although such obligations and
liabilities, or any of them, may be contingent or unmatured; provided that in the event
that any Defaulting Lender shall exercise any such right of setoff, (i) all amounts so set off
hereunder shall be paid over immediately to the Administrative Agent for further application in
accordance with the provisions of Section 2.21 and, pending such payment, shall be segregated by
such Defaulting Lender from its other funds and deemed held in trust for the benefit of the
Administrative Agent, the Issuing Banks, and the Revolving Lenders, and (ii) the Defaulting Lender
shall provide promptly to the Administrative Agent a statement describing in reasonable detail the
Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. Each
Lender and Issuing Bank agrees to notify the Administrative Agent promptly after any such setoff
and application; provided that the failure to give such notice shall not affect the
validity of such setoff and application.

          10.5. Amendments and Waivers. (a) Requisite Lenders’ Consent. Except as provided in
Sections 2.23 and 2.24 or in any Collateral Document or the Intercreditor Agreement, none of this
Agreement, any other Credit Document or any provision hereof or thereof may be waived, amended or
modified, and no consent to any departure by any Credit Party therefrom may be made, except,
subject to the additional requirements of Sections 10.5(b) and 10.5(c) and as otherwise provided in
Section 10.5(d), in the case of this Agreement, pursuant to an agreement or agreements in writing
entered into by Holdings, the Borrower and the Requisite Lenders and, in the case of any other
Credit Document, pursuant to an agreement or agreements in writing entered into by the
Administrative Agent or the Collateral Agent, as

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applicable, and the Credit Party or Credit Parties that are parties thereto, in each case with
the consent of the Requisite Lenders; provided that any provision of this Agreement or any
other Credit Document may be amended by an agreement in writing entered into by Holdings, the
Borrower and the Administrative Agent to cure any ambiguity, omission, defect or inconsistency so
long as, in each case, the Lenders shall have received at least five Business Days’ prior written
notice thereof and the Administrative Agent shall not have received, within five Business Days of
the date of such notice to the Lenders, a written notice from the Requisite Lenders stating that
the Requisite Lenders object to such amendment.

          (b) Affected Lenders’ Consent. Without the written consent of each Lender that would
be directly affected thereby, no waiver, amendment or other modification of this Agreement or any
other Credit Document, or any consent to any departure by any Credit Party therefrom, shall be
effective if the effect thereof would be to:

     (i) increase any Commitment or postpone the scheduled expiration date of any
Commitment (it being understood that no waiver, amendment or other modification of any
condition precedent, covenant, Default or Event of Default shall constitute an increase in
any Commitment of any Lender);

     (ii) extend the scheduled final maturity date of any Loan;

     (iii) subject to Section 10.8, extend the scheduled expiration date of any Letter of
Credit beyond the Revolving Commitment Termination Date;

     (iv) waive, reduce or postpone any scheduled amortization payment (but not any
voluntary or mandatory prepayment) of any Loan or any reimbursement obligation in respect of
any Letter of Credit;

     (v) reduce the rate of interest on any Loan (other than any waiver of any increase in
the interest rate applicable to any Loan pursuant to Section 2.9 or any change in the
definition, or in any components thereof, of the term “Leverage Ratio”) or any fee or any
premium payable hereunder, or waive or postpone the time for payment of any such interest or
fees or premiums;

     (vi) reduce the principal amount of any Loan or any reimbursement obligation in
respect of any Letter of Credit;

     (vii) waive, amend or otherwise modify any provision of this Section 10.5(b), Section
10.5(c) or any other provision of this Agreement or any other Credit Document that expressly
provides that the consent of all Lenders (or of all Lenders of any Class) is required to
waive, amend or otherwise modify any rights thereunder or to make any determination or grant
any consent thereunder (including such provision set forth in Section 10.6(a));

     (viii) amend the definition of the term “Requisite Lenders” or the term “Pro Rata
Share”; provided that with the consent of the Requisite Lenders, additional
extensions of credit pursuant hereto may be included in the determination of “Requisite
Lenders” or “Pro Rata Share” on substantially the same basis as the Term Loan Commitments,
the

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Term Loans, the Revolving Commitments and the Revolving Loans are included on the
Closing Date; or

     (ix) release all or substantially all of the Collateral from the Liens of the
Collateral Documents, or all or substantially all of the Guarantors from the Obligations
Guarantee (or limit liability of all or substantially all of the Guarantors in respect of
the Obligations Guarantee), in each case except as expressly provided in the Credit
Documents (it being understood that (A) an amendment or other modification of the type of
obligations secured by the Collateral Documents or Guaranteed hereunder or thereunder shall
not be deemed to be a release of the Collateral from the Liens of the Collateral Documents
or a release or limitation of the Obligations Guarantee (provided that the
Obligations shall continue to be secured by the Collateral Documents and Guaranteed
hereunder or thereunder with the same relative priority as on the Closing Date) and (B) an
amendment or other modification of Section 6.8 shall only require the consent of the
Requisite Lenders);

provided that, for the avoidance of doubt, all Lenders shall be deemed directly
affected thereby with respect to any waiver, amendment or other modification, or any
consent, described in clauses (vii), (viii) and (ix).

          (c) Other Consents. No waiver, amendment or other modification of this Agreement or
any other Credit Document, or any consent to any departure by any Credit Party therefrom, shall:

     (i) amend or otherwise modify Section 2.14 or any other provisions of any Credit
Document in a manner that by its terms adversely affects the rights in respect of payments
due to Lenders holding Loans of any Class differently than those holding Loans of any other
Class, without the consent of Lenders representing a majority in interest of each affected
Class (it being understood that the Requisite Lenders may waive, in whole or in part, any
prepayment of Loans hereunder so long as the application, as between Classes, of any portion
of such prepayment that is still required to be made is not altered);

     (ii) amend, modify, extend or otherwise affect the rights or obligations of any Agent
or any Issuing Bank without the prior written consent of such Agent or such Issuing Bank, as
the case may be;

     (iii) waive, amend or otherwise modify any obligation of Lenders relating to the
purchase of participations in Letters of Credit as provided in Section 2.3(e), without the
written consent of the Administrative Agent and each Issuing Bank; or

     (iv) amend or otherwise modify this Agreement or the Pledge and Security Agreement so
as to alter the ratable treatment of Obligations arising under the Credit Documents, on the
one hand, and the Specified Hedge Obligations and the Specified Cash Management Obligations,
on the other, or amend or otherwise modify the definition of the term “Obligations”,
“Specified Hedge Obligations”, “Specified Cash Management Obligations” or “Secured Parties”
(or any comparable term used in any Collateral

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Document), in each case in a manner adverse to any Secured Party holding Specified
Hedge Obligations or Specified Cash Management Obilgations then outstanding without the
written consent of such Secured Party (it being understood that an amendment or other
modification of the type of obligations secured by the Collateral Documents or Guaranteed
hereunder or thereunder, so long as such amendment or other modification by its express
terms does not alter the Specified Hedge Obligations and the Specified Cash Management
Obligations being so secured or Guaranteed, shall not be deemed to be adverse to any Secured
Party holding Specified Hedge Obligations or Specified Cash Management Obligations).

          (d) Class Amendments. Notwithstanding anything to the contrary in Section 10.5(a),
any waiver, amendment or modification of this Agreement or any other Credit Document, or any
consent to any departure by any Credit Party therefrom, that by its terms affects the rights or
duties under this Agreement of the Lenders of a particular Class (but not the Lenders of any other
Class), may be effected by an agreement or agreements in writing entered into by Holdings, the
Borrower and the requisite number or percentage in interest of the affected Class of Lenders that
would be required to consent thereto under this Section 10.5 if such Class of Lenders were the only
Class of Lenders hereunder at the time.

          (e) Requisite Execution of Amendments, Etc. The Administrative Agent may, but shall
have no obligation to, with the concurrence of any Lender, execute waivers, amendments,
modifications, waivers or consents on behalf of such Lender. Any waiver or consent shall be
effective only in the specific instance and for the specific purpose for which it was given. No
notice to or demand on any Credit Party in any case shall entitle any Credit Party to any other or
further notice or demand in similar or other circumstances. Any amendment, modification, waiver or
consent effected in accordance with this Section 10.5 shall be binding upon each Person that is at
the time thereof a Lender and each Person that subsequently becomes a Lender.

          (f) Limitation on Voting Rights of Affiliated Lenders.

     (i) Notwithstanding anything to the contrary set forth herein, no Affiliated Lender
shall have any right to (and no Affiliated Lender shall) (A) consent to any waiver,
amendment, modification, consent or other such action with respect to any of the terms of
this Agreement or any other Credit Document, (B) require any Agent or any Lender to
undertake any action (or refrain from taking any action) with respect to this Agreement or
any other Credit Document, (C) otherwise vote on any matter relating to this Agreement or
any other Credit Document, (D) attend any meeting (whether in person, by telephone or other
means) with any Agent or any Lender, except any portion thereof attended (at the invitation
of the Administrative Agent) by representatives of the Borrower, or receive any information
or material (in whatever form) prepared by or on behalf of, or otherwise provided by, any
Agent or any Lender, other than any such information or material that has been made
available by the Administrative Agent to the Borrower, (E) have access to the Platform or
(F) make or bring any claim, in its capacity as a Lender, against any Agent or any Lender
with respect to the duties and obligations of such Persons under the Credit Documents,
provided that (1) any waiver, amendment or other modification of this Agreement or
any other Credit Agreement, or any consent to any departure by an Credit

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Party therefrom, of the type referred to in Section 10.5(b) that directly affects any
Affiliated Lender shall require the prior written consent of such Affiliated Lender and (2)
without the prior written consent of such Affiliated Lender, no waiver, amendment or other
modification of this Agreement or any other Credit Agreement, and no consent to any
departure by an Credit Party therefrom, shall (x) deprive any Affiliated Lender, in its
capacity as Lender, of its share of any payments that Lenders of the same Class are entitled
to share on a pro rata basis hereunder or (y) affect any Affiliated Lender, in its capacity
as Lender, in a manner that is materially disproportionate to the effect of such waiver,
amendment, modification or consent on the other Lenders of the same Class.

     (ii) If a proceeding under the Bankruptcy Code or any other federal, state or foreign
bankruptcy, insolvency, receivership or similar law shall be commenced by or against the
Borrower or any Guarantor prior to the time when the Obligations have been paid in full,
then each Affiliated Lender (A) shall promptly give notice to the Administrative Agent of
any solicitation of such Affiliated Lender for a vote, or of such Affiliated Lender’s
receipt of a ballot to vote, in or in connection with such proceeding and (B) irrevocably
authorizes and empowers the Administrative Agent to vote on behalf of such Affiliated Lender
with respect to the Obligations in any manner in the Administrative Agent’s sole discretion,
unless the Administrative Agent instructs such Affiliated Lender to vote, in which case such
Affiliated Lender shall vote with respect to the Obligations as the Administrative Agent
directs; provided that the Administrative Agent shall so vote with respect to the
Obligations as directed by the Requisite Lenders; provided further that no
such vote with respect to the Obligations held by such Affiliated Lender shall treat such
Obligations in a manner less favorable than the proposed treatment of the same class or type
of the Obligations held by Lenders that are not Affiliated Lenders. To give effect to the
foregoing right of the Administrative Agent to vote on behalf of any Affiliated Lender with
respect to the Obligations, each Affiliated Lender hereby constitutes and appoints the

     Administrative Agent and any officer or agent of the Administrative Agent, with full power
of substitution, as such Affiliated Lender’s true and lawful attorney-in-fact with full
power and authority in the place of such Affiliated Lender and in the name of such
Affiliated Lender or in its own name, to take any and all appropriate action and to execute
any and all documents and instruments as, in the opinion of such attorney, may be necessary
or desirable to accomplish the purposes hereof, which appointment as attorney is irrevocable
and coupled with an interest; provided that the Administrative Agent shall not
exercise the foregoing rights in such capacity until the commencement by or against the
Borrower or any Guarantor of a proceeding under the Bankruptcy Code or any other federal,
state or foreign bankruptcy, insolvency, receivership or similar law. Each Affiliated
Lender agrees to execute any and all further documents and instruments, and take all such
further actions, as the Administrative Agent may reasonably request to effectuate the
provisions of this Section 10.5(f)(ii).

          10.6. Successors and Assigns; Participations. (a) Generally. This Agreement shall
be binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns permitted hereby. No Credit Party’s rights or obligations hereunder, nor any interest
therein, may be assigned or delegated by any Credit Party (except, in the case of any Guarantor
Subsidiary, any assignment or delegation by operation of law as a result of any merger or

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consolidation of such Guarantor Subsidiary permitted by Section 6.8) without the prior written
consent of the Administrative Agent and each the Lender, and any attempted assignment or delegation
without such consent shall be null and void. Nothing in this Agreement, expressed or implied,
shall be construed to confer upon any Person (other than the parties hereto, their respective
successors and assigns permitted hereby, the participants referred to in Section 10.6(g) (to the
extent provided in clause (iii) of such Section) and, to the extent expressly contemplated hereby,
Affiliates of any Agent or any Lender and the other Indemnitees) any legal or equitable right,
remedy or claim under or by reason of this Agreement.

          (b) Register. The Borrower, the Administrative Agent, the Collateral Agent, the
Lenders and the Issuing Banks shall deem and treat the Persons recorded as Lenders in the Register
as the holders and owners of the corresponding Commitments and Loans recorded therein for all
purposes hereof. No assignment or transfer of any such Commitment or Loan shall be effective
unless and until recorded in the Register, and following such recording, unless otherwise
determined by the Administrative Agent (such determination to be made in the sole discretion of the
Administrative Agent, which determination may be conditioned on the consent of the assigning Lender
and the assignee), shall be effective notwithstanding any defect in the Assignment Agreement
relating thereto. Each assignment and transfer shall be recorded in the Register following receipt
by the Administrative Agent of the fully executed Assignment Agreement, together with the required
forms and certificates regarding tax matters and any fees payable in connection therewith, in each
case as provided in Section 10.6(d); provided that the Administrative Agent shall not be
required to accept such Assignment Agreement or so record the information contained therein if the
Administrative Agent reasonably believes that such Assignment Agreement lacks any written consent
required by this Section 10.6 or is otherwise not in proper form, it being acknowledged that the
Administrative Agent shall have no duty or obligation (and shall incur no liability) with respect
to obtaining (or confirming the receipt) of any such written consent or with respect to the form of
(or any defect in) such Assignment Agreement, any such duty and obligation being solely with the
assigning Lender and the assignee. Each assigning Lender and the assignee, by its execution and
delivery of an Assignment Agreement, shall be deemed to have represented to the Administrative
Agent that all written consents required by this Section 10.6 with respect thereto (other than the
consent of the Administrative Agent) have been obtained and that such Assignment Agreement is
otherwise duly completed and in proper form. The date of such recordation of an assignment and
transfer is referred to herein as the “Assignment Effective Date” with respect thereto. Any
request, authority or consent of any Person that, at the time of making such request or giving such
authority or consent, is recorded in the Register as a Lender shall be conclusive and binding on
any subsequent holder, assignee or transferee of the corresponding Commitments or Loans.

          (c) Right to Assign. Each Lender shall have the right at any time to sell, assign or
transfer all or a portion of its rights and obligations under this Agreement, including all or a
portion of its Commitment or Loans owing to it or other Obligations to:

     (i) any Eligible Assignee of the type referred to in clause (a) of the definition of
the term “Eligible Assignee” upon (A) the giving of notice to the Borrower and the
Administrative Agent and (B) receipt of prior written consent (such consent not to be
unreasonably withheld or delayed) of the Borrower, provided that the consent of the
Borrower to any assignment (1) shall not be required if an Event of Default pursuant to

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Section 8.1(a), 8.l(f) or 8.1(g) shall have occurred and is continuing and (2) shall be
deemed to have been granted unless the Borrower shall have objected thereto by written
notice to the Administrative Agent within five Business Days after having received notice
thereof; provided further that, in the case of any assignment of a Revolving
Commitment or a Revolving Loan, such Eligible Assignee is a Revolving Lender or an Affiliate
of a Revolving Lender;

     (ii) any Eligible Assignee of the type referred to in clause (b) of the definition of
the term “Eligible Assignee” (or, in the case of any assignment of a Revolving Commitment or
a Revolving Loan, any Eligible Assignee that does not meet the requirements of clause (i)
above), upon (A) the giving of notice to the Borrower, the Administrative Agent and, in the
case of assignments of Revolving Commitments or Revolving Loans, each Issuing Bank and (B)
receipt of prior written consent (each such consent not to be unreasonably withheld or
delayed) of (1) the Borrower, provided that the consent of the Borrower to any
assignment (x) shall not be required if an Event of Default under Section 8.1(a), 8.1(f) or
8.1(g) shall have occurred and is continuing and (y) shall be deemed to have been granted
unless the Borrower shall have objected thereto by written notice to the Administrative
Agent within five Business Days after having received notice thereof, (2) the Administrative
Agent and (3) in the case of assignments of Revolving Commitments or Revolving Loans, each
Issuing Bank;

     provided that:

     (A) in the case of any such assignment or transfer (other than to any Eligible
Assignee meeting the requirements of clause (i) above), the amount of the Commitment or
Loans of the assigning Lender subject thereto shall not be less than (A) $5,000,000 in the
case of assignments of any Revolving Commitment or Revolving Loan or (B) $1,000,000 in the
case of assignments of any Term Loan Commitment or Term Loan (with concurrent assignments to
Eligible Assignees that are Affiliates or Related Funds thereof to be aggregated for
purposes of the foregoing minimum assignment amount requirements) or, in each case, such
lesser amount as shall be agreed to by the Borrower and the Administrative Agent or as shall
constitute the aggregate amount of the Commitments or Loans of the applicable Class of the
assigning Lender;

     (B) each partial assignment or transfer shall be of a uniform, and not varying,
percentage of all rights and obligations of the assigning Lender hereunder; provided
that a Lender may assign or transfer all or a portion of its Commitment or of the Loans
owing to it of any Class without assigning or transferring any portion of its Commitment or
of the Loans owing to it, as the case may be, of any other Class; and

     (C) in connection with any assignment of rights and obligations of any Defaulting
Lender hereunder, no such assignment shall be effective unless and until, in addition to the
other conditions thereto set forth herein, the parties to the assignment shall make such
additional payments to the Administrative Agent in an aggregate amount sufficient, upon
distribution thereof as appropriate (which may be outright payment, purchases by the
assignee of participations or subparticipations, or other compensating actions, including
funding, with the consent of the Borrower and the Administrative

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Agent, the Pro Rata Share of Revolving Loans previously requested but not funded by the
Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably
consent), to (1) pay and satisfy in full all payment liabilities then owed by such
Defaulting Lender to the Administrative Agent, each Issuing Bank and each other Revolving
Lender hereunder (and interest accrued thereon), and (2) acquire (and fund as appropriate)
its Pro Rata Share of all Revolving Loans and participations in Letters of Credit.
Notwithstanding the foregoing, in the event that any assignment of rights and obligations of
any Defaulting Lender hereunder shall become effective under applicable law without
compliance with the provisions of this paragraph, then the assignee of such interest shall
be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance
occurs;

provided further that, notwithstanding the foregoing, (1) no assignment or
transfer of any Revolving Commitment or Revolving Loan may be made to any Affiliated Lender
and (2) no other assignment or transfer may be made to an Affiliated Lender unless the
Affiliated Lender Limitation shall be satisfied after giving effect thereto (it being agreed
that, for purposes of determining whether the requirements set forth in this proviso shall
have been satisfied, the assigning Lender and the Administrative Agent shall be entitled to
rely, and shall not incur any liability for relying, upon the representations and warranties
of such Affiliated Lender set forth in Section 10.6(e) and in the applicable Assignment
Agreement).

          (d) Mechanics. Assignments and transfers of Loans and Commitments by Lenders shall
be effected by the execution and delivery to the Administrative Agent of an Assignment Agreement.
In connection with all assignments, there shall be delivered to the Administrative Agent such
forms, certificates or other evidence, if any, with respect to United States federal income tax
withholding matters as the assignee thereunder may be required to deliver pursuant to Section
2.19(c), together with payment to the Administrative Agent of a registration and processing fee of
$3,500 (except that no such registration and processing fee shall be payable (i) in connection with
an assignment by or to GSLP or any Affiliate thereof or (ii) in the case of an assignee that is
already a Lender or is an Affiliate or Related Fund of a Lender or a Person under common management
with a Lender).

          (e) Representations and Warranties of Assignee. Each Lender, upon execution and
delivery hereof (or of any Incremental Facility Agreement) or upon succeeding to an interest in the
Commitments and Loans, as the case may be, represents and warrants as of the Closing Date (or, in
the case of any Incremental Facility Agreement, as of the date of the effectiveness thereof) or as
of the applicable Assignment Effective Date, as applicable, that (i) it is an Eligible Assignee,
(ii) it has experience and expertise in the making of or investing in commitments or loans such as
the applicable Commitments or Loans, as the case may be (or, in the case of any Affiliated Lender,
it is otherwise able to bear the risk of investing in the applicable Commitments or Loans), (iii)
it will make or invest in, as the case may be, its Commitments or Loans for its own account in the
ordinary course and without a view to distribution of such Commitments or Loans within the meaning
of the Securities Act or the Exchange Act or other United States federal securities laws (it being
understood that, subject to the provisions of this Section 10.6, the disposition of such
Commitments or Loans or any interests therein shall at all times remain within its exclusive
control) and (iv) in the case of any Affiliated Lender, (A) it is not in

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possession of any information regarding any Credit Party, its assets, its ability to perform
its Obligations or any other matter that may be material to a decision by any Lender to enter into
any Assignment Agreement, or participate in any of the transactions contemplated thereby, that has
not previously been (1) disclosed publicly, (2) disclosed to the Administrative Agent and the
Lenders or (3) posted on the portion of the Platform that is designated for Lenders that wish to
receive material Non-Public Information with respect to Holdings, the Subsidiaries or their
Securities, (B) the Affiliated Lender Limitation shall be satisfied as of such Assignment Effective
Date after giving effect to any assignment or transfer thereto and (C) it has established
procedures reasonably designed to ensure that the Affiliated Lender Limitation shall not be
exceeded at any time it is a Lender (and, in the event it becomes aware of any such excess, it
shall promptly notify the Administrative Agent thereof and shall, in coordination with the other
Lenders that are Affiliated Lenders, promptly take such steps (including assignment and transfer of
Commitments and Loans) as shall be required to eliminate such excess).

          (f) Effect of Assignment. Subject to the terms and conditions of this Section 10.6,
as of the Assignment Effective Date with respect to any assignment and transfer of any Commitment
or Loan, (i) the assignee thereunder shall have the rights and obligations of a “Lender” hereunder
to the extent of its interest in such Commitment or Loan as reflected in the Register and shall
thereafter be a party hereto and a “Lender” for all purposes hereof, (ii) the assigning Lender
thereunder shall, to the extent that rights and obligations hereunder have been assigned and
transferred to the assignee, relinquish its rights (other than any rights that survive the
termination hereof under Section 10.8) and be released from its obligations hereunder (and, in the
case of an assignment covering all the remaining rights and obligations of an assigning Lender
hereunder, such Lender shall cease to be a party hereto as a “Lender” (but not, if applicable, as
an Issuing Bank or in any other capacity hereunder) on such Assignment Effective Date,
provided that such assigning Lender shall continue to be entitled to the benefit of all
rights that survive the termination hereof under Section 10.8, and provided
further, that except to the extent otherwise expressly agreed by the affected parties, no
assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party
hereunder arising from such Revolving Lender’s having been a Defaulting Lender, and (iii) if any
such assignment and transfer occurs after the issuance of any Note hereunder, the assigning Lender
shall, upon the effectiveness thereof or as promptly thereafter as practicable, surrender its
applicable Notes to the Administrative Agent for cancellation, and thereupon the Borrower shall
issue and deliver new Notes, if so requested by the assignee and/or assigning Lender, to such
assignee and/or to such assigning Lender, with appropriate insertions, to reflect the new
Commitments and/or outstanding Loans of the assignee and/or the assigning Lender.

          (g) Participations.

     (i) Each Lender shall have the right at any time to sell one or more participations to
any Eligible Assignee (other than any Affiliated Lender) in all or any part of its
Commitments or Loans or in any other Obligation; provided that (i) such Lender’s
obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain
solely responsible to the other parties hereto for the performance of such obligations and
(iii) the Credit Parties, the Administrative Agent, the Collateral Agent, the Issuing Banks
and the other Lenders shall continue to deal solely and directly with such Lender in
connection with such Lender’s rights and obligations under this Agreement. Each Lender

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that sells a participation pursuant to this Section 10.6(g) shall maintain a register
on which it records the name and address of each participant to which it has sold a
participation and the principal amounts (and stated interest) of each such participant’s
interest in the Loans or other rights and obligations of such Lender under this Agreement
(the “Participant Register”); provided that no Lender shall have any obligation to
disclose all or any portion of the Participant Register to any Person (including the
identity of any Participant or any information relating to a Participant’s interest in any
Loans or other rights and obligations under any this Agreement) except to the extent that
such disclosure is necessary to establish that such Loan or other right or obligation is in
registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The
entries in the Participant Register shall be conclusive absent manifest error, and such
Lender shall treat each Person whose name is recorded in the Participant Register as the
owner of such participation for all purposes under this Agreement, notwithstanding any
notice to the contrary.

     (ii) The holder of any such participation, other than an Affiliate of the Lender
granting such participation, shall not be entitled to require such Lender to take or omit to
take any action hereunder, except that any participation agreement may provide that the
participant’s consent must be obtained with respect to the consent of such Lender to any
waiver, amendment, modification or consent that is described in Section 10.5(b) that affects
such Participant or requires the approval of all the Lenders.

     (iii) The Credit Parties agree that each participant shall be entitled to the benefits
of Sections 2.17(c), 2.18 and 2.19 to the same extent as if it were a Lender and had
acquired its interest by assignment pursuant to Section 10.6(c); provided that (A) a
participant shall not be entitled to receive any greater payment under Section 2.18 or 2.19
than the applicable Lender would have been entitled to receive with respect to the
participation sold to such participant, unless the sale of the participation to such
participant is made with the Borrower’s prior written consent, and (B) a participant that
would be a Non-US Lender if it were a Lender shall not be entitled to the benefits of
Section 2.19 unless the Borrower is notified of the participation sold to such participant
and such participant agrees, for the benefit of the Borrower, to comply with and be subject
to Section 2.19 as though it became a Lender pursuant to an Assignment Agreement;
provided further that, except as specifically set forth in clauses (A) and
(B) of this sentence, nothing herein shall require any notice to the Borrower or any other
Person in connection with the sale of any participation. To the extent permitted by law,
each participant also shall be entitled to the benefits of Section 10.4 as though it were a
Lender, provided that such participant agrees to be subject to Section 2.16 as
though it were a Lender.

          (h) Certain Other Assignments and Participations. In addition to any other
assignment or participation permitted pursuant to this Section 10.6, any Lender may assign, pledge
and/or grant a security interest in all or any portion of its Loans or the other Obligations owed
to such Lender, and its Notes, if any, to secure obligations of such Lender, including to any
Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors and
any operating circular issued by any Federal Reserve Bank; provided that no Lender, as
between the Borrower and such Lender, shall be relieved of any of its obligations hereunder as a

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result of any such assignment and pledge; and provided further that in no
event shall the applicable Federal Reserve Bank, pledgee or trustee be considered to be a “Lender”
or be entitled to require the assigning Lender to take or omit to take any action hereunder.

          10.7. Independence of Covenants. All covenants hereunder shall be given independent effect so
that if a particular action or condition is not permitted by any of such covenants, the fact that
it would be permitted by an exception to, or would otherwise be within the limitations of, another
covenant shall not avoid the occurrence of a Default or an Event of Default if such action is taken
or condition exists.

          10.8. Survival of Representations, Warranties and Agreements. All covenants, agreements,
representations and warranties made by the Credit Parties in the Credit Documents and in the
certificates or other documents delivered in connection with or pursuant to this Agreement or any
other Credit Document shall be considered to have been relied upon by the other parties hereto and
shall survive the execution and delivery of the Credit Documents and the making of any Loans and
issuance of any Letters of Credit, regardless of any investigation made by any such other party or
on its behalf and notwithstanding that any Agent, Arranger, Lender or Issuing Bank may have had
notice or knowledge of any Default or Event of Default or incorrect representation or warranty at
the time any Credit Document is executed and delivered or any credit is extended hereunder, and
shall continue in full force and effect as long as the principal of or any accrued interest on any
Loan or any fee or any other amount payable under this Agreement is outstanding and unpaid or any
Letter of Credit is outstanding and so long as the Commitments have not expired or terminated.
Notwithstanding the foregoing or anything else to the contrary set forth in this Agreement or any
other Credit Document, in the event that, in connection with the refinancing or repayment in full
of the credit facilities provided for herein, any Issuing Bank shall have provided to the
Administrative Agent a written consent to the release of the Revolving Lenders from their
obligations hereunder with respect to any Letter of Credit issued by such Issuing Bank (whether as
a result of the obligations of the Borrower (and any other account party) in respect of such Letter
of Credit having been collateralized in full by a deposit of cash with such Issuing Bank, or being
supported by a letter of credit that names such Issuing Bank as the beneficiary thereunder, or
otherwise), then from and after such time such Letter of Credit shall cease to be a “Letter of
Credit” outstanding hereunder for all purposes of this Agreement and the other Credit Documents,
and the Revolving Lenders shall be deemed to have no participations in such Letter of Credit, and
no obligations with respect thereto, under Section 2.3(e). The provisions of Sections 2.17(c),
2.18, 2.19, 9, 10.2, 10.3, 10.4 and 10.24 shall survive and remain in full force and effect
regardless of the consummation of the transactions contemplated hereby, the repayment of the Loans
or the termination of this Agreement or any provision hereof.

          10.9. No Waiver; Remedies Cumulative. No failure or delay on the part of any Agent, Arranger,
Lender or Issuing Bank in the exercise of any power, right or privilege hereunder or under any
other Credit Document shall impair such power, right or privilege or be construed to be a waiver
thereof or of any Default or Event of Default or acquiescence therein, nor shall any single or
partial exercise of any such power, right or privilege, or any abandonment or discontinuance of
steps to enforce such power, right or privilege, preclude any other or further exercise thereof or
the exercise of any other power, right or privilege. The powers, rights, privileges and remedies
of the Agents, the Arrangers, the Lenders and the Issuing Banks

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hereunder and under the other Credit Documents are cumulative and shall be in addition to and
independent of all powers, rights, privileges and remedies they would otherwise have. Without
limiting the generality of the foregoing, the execution and delivery of this Agreement or the
making of any Loan hereunder shall not be construed as a waiver of any Default or Event of Default,
regardless of whether any Agent, Arranger, Lender or Issuing Bank may have had notice or knowledge
of such Default or Event of Default at the time.

          10.10. Marshalling; Payments Set Aside. None of the Agents, the Arrangers, the Lenders or the
Issuing Banks shall be under any obligation to marshal any assets in favor of any Credit Party or
any other Person or against or in payment of any or all of the Obligations. To the extent that any
Credit Party makes a payment or payments to any Agent, Arranger, Lender or Issuing Bank (or to the
Administrative Agent or the Collateral Agent, on behalf of any Agent, Lender or Issuing Bank), or
any Agent, Arranger, Lender or Issuing Bank enforces any security interests or exercises any right
of setoff, and such payment or payments or the proceeds of such enforcement or setoff or any part
thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or
required to be repaid to a trustee, receiver or any other party under any bankruptcy law, any other
state or federal law, common law or any equitable cause, then, to the extent of such recovery, the
obligation or part thereof originally intended to be satisfied, and all Liens, rights and remedies
therefor or related thereto, shall be revived and continued in full force and effect as if such
payment or payments had not been made or such enforcement or setoff had not occurred.

          10.11. Severability. In case any provision in or obligation hereunder or under any other
Credit Document shall be invalid, illegal or unenforceable in any jurisdiction, the validity,
legality and enforceability of the remaining provisions or obligations, or of such provision or
obligation in any other jurisdiction, shall not in any way be affected or impaired thereby.

          10.12. Obligations Several; Independent Nature of Lenders’ Rights. The obligations of the
Lenders hereunder are several and no Lender shall be responsible for the obligations or Commitment
of any other Lender hereunder. Nothing contained herein or in any other Credit Document, and no
action taken by the Lenders pursuant hereto or thereto, shall be deemed to constitute the Lenders
as a partnership, an association, a joint venture or any other kind of entity. The amounts payable
at any time hereunder to each Lender shall be a separate and independent debt, and each Lender
shall be entitled to protect and enforce its rights arising hereunder and it shall not be necessary
for any other Lender to be joined as an additional party in any proceeding for such purpose.

          10.13. Headings. Section headings herein are included herein for convenience of reference
only and shall not constitute a part hereof for any other purpose or be given any substantive
effect.

          10.14. APPLICABLE LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER
(INCLUDING ANY CLAIMS SOUNDING IN CONTRACT LAW OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF
AND ANY DETERMINATIONS WITH RESPECT TO POST-JUDGMENT INTEREST) SHALL BE GOVERNED BY, AND SHALL BE
CONSTRUED

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AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO
CONFLICTS OF LAW PRINCIPLES THEREOF, EXCEPT FOR NEW YORK GENERAL OBLIGATIONS LAW SECTIONS 5-1401
AND 5-1402.

          10.15. CONSENT TO JURISDICTION. SUBJECT TO CLAUSE (E) BELOW, ALL JUDICIAL PROCEEDINGS BROUGHT
AGAINST ANY PARTY HERETO ARISING OUT OF OR RELATING HERETO OR ANY OTHER CREDIT DOCUMENT, OR ANY OF
THE OBLIGATIONS, SHALL BE BROUGHT IN ANY STATE OR FEDERAL COURT OF COMPETENT JURISDICTION IN THE
STATE, COUNTY AND CITY OF NEW YORK. BY EXECUTING AND DELIVERING THIS AGREEMENT, EACH PARTY HERETO,
FOR ITSELF AND IN CONNECTION WITH ITS PROPERTIES, IRREVOCABLY (A) ACCEPTS GENERALLY AND
UNCONDITIONALLY THE EXCLUSIVE JURISDICTION AND VENUE OF SUCH COURTS (OTHER THAN WITH RESPECT TO
ACTIONS BY THE ADMINISTRATIVE AGENT OR THE COLLATERAL AGENT IN RESPECT OF ANY RIGHTS UNDER ANY
COLLATERAL DOCUMENT GOVERNED BY LAWS OTHER THAN THE LAWS OF THE STATE OF NEW YORK OR WITH RESPECT
TO ANY COLLATERAL SUBJECT THERETO); (B) WAIVES ANY DEFENSE OF FORUM NON CONVENIENS; (C) AGREES THAT
SERVICE OF ALL PROCESS IN ANY SUCH PROCEEDING IN ANY SUCH COURT MAY BE MADE BY REGISTERED OR
CERTIFIED MAIL, RETURN RECEIPT REQUESTED, TO THE APPLICABLE CREDIT PARTY AT ITS ADDRESS PROVIDED IN
ACCORDANCE WITH SECTION 10.1; (D) AGREES THAT SERVICE AS PROVIDED IN CLAUSE (C) ABOVE IS SUFFICIENT
TO CONFER PERSONAL JURISDICTION OVER THE APPLICABLE CREDIT PARTY IN ANY SUCH PROCEEDING IN ANY SUCH
COURT, AND OTHERWISE CONSTITUTES EFFECTIVE AND BINDING SERVICE IN EVERY RESPECT; AND (E) AGREES
THAT THE AGENTS, THE ARRANGERS, THE LENDERS AND THE ISSUING BANKS RETAIN THE RIGHT TO SERVE PROCESS
IN ANY OTHER MANNER PERMITTED BY LAW OR TO BRING PROCEEDINGS AGAINST ANY CREDIT PARTY IN THE COURTS
OF ANY OTHER JURISDICTION IN CONNECTION WITH THE EXERCISE OF ANY RIGHTS UNDER ANY CREDIT DOCUMENT
OR THE ENFORCEMENT OF ANY JUDGMENT.

          10.16. WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY AGREES TO WAIVE ITS RIGHTS TO
A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING HEREUNDER OR UNDER ANY OF THE
OTHER CREDIT DOCUMENTS OR ANY DEALINGS BETWEEN THEM RELATING TO THE SUBJECT MATTER OF THIS LOAN
TRANSACTION OR THE LENDER/BORROWER RELATIONSHIP THAT IS BEING ESTABLISHED. THE SCOPE OF THIS
WAIVER IS INTENDED TO BE ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT
AND THAT RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING CONTRACT CLAIMS, TORT CLAIMS,
BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS. EACH PARTY HERETO
ACKNOWLEDGES THAT THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO A BUSINESS RELATIONSHIP, THAT
EACH HAS ALREADY RELIED

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ON THIS WAIVER IN ENTERING INTO THIS AGREEMENT, AND THAT EACH WILL CONTINUE TO RELY ON THIS
WAIVER IN ITS RELATED FUTURE DEALINGS. EACH PARTY HERETO FURTHER WARRANTS AND REPRESENTS THAT IT
HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS
JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. THIS WAIVER IS IRREVOCABLE, MEANING
THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER
SPECIFICALLY REFERRING TO THIS SECTION 10.16 AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS
WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS HERETO OR
ANY OF THE OTHER CREDIT DOCUMENTS OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE LOANS
MADE HEREUNDER. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A
TRIAL BY THE COURT.

          10.17. Confidentiality. Each Agent (which term shall for the purposes of this Section 10.17
include each Arranger), and each Lender (which term shall for the purposes of this Section 10.17
include each Issuing Bank) shall hold all Confidential Information (as defined below) obtained by
such Agent or such Lender in accordance with such Agent’s and such Lender’s customary procedures
for handling confidential information of such nature, it being understood and agreed by Holdings
and the Borrower that, in any event, the Administrative Agent may disclose Confidential Information
to the Lenders and the other Agents and that each Agent and each Lender may disclose Confidential
Information (a) to Affiliates of such Agent or Lender and to its and their respective Related
Parties (and to other Persons authorized by a Lender or Agent to organize, present or disseminate
such information in connection with disclosures otherwise made in accordance with this Section
10.17), (b) to any bona fide or potential assignee, transferee or participant in connection with
the contemplated assignment, transfer or participation of any Loans or other Obligations or any
participations therein or to any direct or indirect contractual counterparties (or the professional
advisors thereto) to any swap or derivative transaction relating to the Credit Parties and their
obligations (provided that such assignees, transferees, participants, counterparties and
advisors are advised of and agree to be bound by either the provisions of this Section 10.17 or
other provisions at least as restrictive as this Section 10.17), (c) to any rating agency when
required by it, provided that, prior to any disclosure, such rating agency shall undertake
in writing to preserve the confidentiality of any Confidential Information relating to the Credit
Parties received by it from any Agent or any Lender, (d) in connection with the exercise of any
remedies hereunder or under any other Credit Document, (e) as necessary for the obtaining of CUSIP
numbers and (f) as required or requested by any Governmental Authority or by the NAIC or any other
regulatory authority (including any self-regulatory organization having jurisdiction or claiming to
have jurisdiction over such Agent or such Lender) or pursuant to legal or judicial process;
provided that unless specifically prohibited by applicable law or court order, such Agent
or such Lender shall make reasonable efforts to notify the Borrower of any request by any
Governmental Authority (other than any such request in connection with any examination of the
financial condition or other routine examination of such Agent or such Lender by such Governmental
Authority) for disclosure of any such Confidential Information prior to disclosure thereof. For
purposes of the foregoing, “Confidential Information” means, with respect to any Agent or any
Lender, any non-public

151

 

information regarding the business, assets, liabilities and operations of Holdings and the
Subsidiaries obtained by such Agent or Lender under the terms of this Agreement and identified as
confidential by Holdings or the Borrower. In addition, each Agent and each Lender may disclose the
existence of this Agreement and the information about this Agreement to market data collectors,
similar services providers to the lending industry, and service providers to the Agents and the
Lenders in connection with the administration and management of this Agreement and the other Credit
Documents.

          10.18. Usury Savings Clause. Notwithstanding any other provision herein, the aggregate
interest rate charged with respect to any of the Obligations, including all charges or fees in
connection therewith deemed in the nature of interest under applicable law shall not exceed the
Highest Lawful Rate. If the rate of interest (determined without regard to the preceding sentence)
under this Agreement at any time exceeds the Highest Lawful Rate, the outstanding amount of the
Loans made hereunder shall bear interest at the Highest Lawful Rate until the total amount of
interest due hereunder equals the amount of interest that would have been due hereunder if the
stated rates of interest set forth in this Agreement had at all times been in effect. In addition,
if when the Loans made hereunder are repaid in full the total interest due hereunder (taking into
account the increase provided for above) is less than the total amount of interest that would have
been due hereunder if the stated rates of interest set forth in this Agreement had at all times
been in effect, then to the extent permitted by law, the Borrower shall pay to the Administrative
Agent an amount equal to the difference between the amount of interest paid and the amount of
interest that would have been paid if the Highest Lawful Rate had at all times been in effect.
Notwithstanding the foregoing, it is the intention of the Lenders and the Borrower to conform
strictly to any applicable usury laws. Accordingly, if any Lender contracts for, charges, or
receives any consideration that constitutes interest in excess of the Highest Lawful Rate, then any
such excess shall be cancelled automatically and, if previously paid, shall at such Lender’s option
be applied to the outstanding amount of the Loans made hereunder or be refunded to the Borrower.

          10.19. Counterparts. This Agreement may be executed in any number of counterparts, each of
which when so executed and delivered shall be deemed an original, but all such counterparts
together shall constitute but one and the same instrument.

          10.20. Effectiveness; Entire Agreement. Subject to Section 3, this Agreement shall become
effective when it shall have been executed by the Administrative Agent and there shall have been
delivered to the Administrative Agent counterparts hereof that, when taken together, bear the
signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature
page of this Agreement by facsimile or other electronic imaging shall be effective as delivery of a
manually executed counterpart of this Agreement. This Agreement and the other Credit Documents
constitute the entire contract among the parties relating to the subject matter hereof and
supersede any and all previous agreements and understandings, oral or written, relating to the
subject matter hereof (but do not supersede any provisions of any commitment letter, engagement
letter or fee letter by or among any Credit Party and any Agent or Arranger or any Affiliate of any
of the foregoing that by the terms of such documents are stated to survive the effectiveness of
this Agreement, all of which provisions shall remain in full force and effect), and the Agents, the
Arrangers and their respective Affiliates shall be released

152

 

from all liability in connection therewith, including any claim for injury or damages, whether
consequential, special, direct, indirect, punitive or otherwise.

          10.21. PATRIOT Act. Each Lender and the Administrative Agent (for itself and not on behalf of
any Lender) hereby notifies each Credit Party that pursuant to the requirements of the PATRIOT Act
it is required to obtain, verify and record information that identifies each Credit Party, which
information includes the name and address of each Credit Party and other information that will
allow such Lender or the Administrative Agent, as applicable, to identify such Credit Party in
accordance with the PATRIOT Act.

          10.22. Electronic Execution of Assignments. The words “execution”, “signed”, “signature” and
words of like import in any Assignment Agreement 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
recordkeeping 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.

          10.23. No Fiduciary Duty. Each Agent, each Lender, each Issuing Bank and their respective
Affiliates (collectively, solely for purposes of this paragraph, the “Lenders”) may have economic
interests that conflict with those of the Credit Parties, their equityholders and/or their
Affiliates. Each Credit Party agrees that nothing in the Credit Documents or otherwise will be
deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty
between any Lender, on the one hand, and such Credit Party, its equityholders or its Affiliates, on
the other. The Credit Parties acknowledge and agree that (a) the transactions contemplated by the
Credit Documents (including the exercise of rights and remedies hereunder and thereunder) are
arm’s-length commercial transactions between the Lenders, on the one hand, and the Credit Parties,
on the other, and (b) in connection therewith and with the process leading thereto, (i) no Lender
has assumed an advisory or fiduciary responsibility in favor of any Credit Party, its equityholders
or its Affiliates with respect to the transactions contemplated hereby (or the exercise of rights
or remedies with respect thereto) or the process leading thereto (irrespective of whether any
Lender has advised, is currently advising or will advise any Credit Party, its equityholders or its
Affiliates on other matters) or any other obligation to any Credit Party except the obligations
expressly set forth in the Credit Documents and (ii) each Lender is acting solely as principal and
not as the agent or fiduciary of any Credit Party, its management, equityholders, creditors or any
other Person. Each Credit Party acknowledges and agrees that it has consulted its own legal and
financial advisors to the extent it deemed appropriate and that it is responsible for making its
own independent judgment with respect to such transactions and the process leading thereto. Each
Credit Party agrees that it will not claim that any Lender has rendered advisory services of any
nature or respect, or owes a fiduciary or similar duty to such Credit Party, in connection with
such transaction or the process leading thereto.

          10.24. Limitation of Recourse on the General Partner. There shall be full recourse to the
Credit Parties and all of their assets and properties for the liabilities of the Credit Parties
under this Agreement and the other Credit Documents, but, subject to the provisions of the
following sentence, in no event shall the General Partner be personally liable or obligated for

153

 

such liabilities and obligations of the Credit Parties under the Credit Documents. Nothing in
the immediately preceding sentence (a) shall limit or be construed to release the General Partner
from liability for its fraudulent actions, willful misconduct or misappropriation of funds, or from
any of its obligations or liabilities under any agreement executed by the General Partner in its
individual capacity in connection with any Credit Document or limit or impair the exercise of
remedies with respect to any Collateral or (b) shall be construed to prevent the Administrative
Agent from commencing any action, suit or proceeding with respect to or serving process on the
General Partner for the purpose of obtaining jurisdiction over any Credit Party.

[Remainder of page intentionally left blank]

154

 

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered by their respective officers thereunto duly authorized as of the date first written
above.

	 	 	 	 	 
	 	COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC,

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	CVR PARTNERS, LP,

By:    CVR GP, LLC, its general partner

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

	 	 	 	 	 
	 	GOLDMAN SACHS LENDING PARTNERS LLC, as the Administrative Agent, Collateral Agent and a Lender,

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

SCHEDULE 2.1

Tranche B Term Loan Commitments

	 	 	 	 	 	 	 	 	 
	 	 	Tranche B	 	Pro
	Lender	 	Term Loan Commitment	 	Rata Share
	 
	 	$	___,___,__.__	 	 	 	_._	%
	 
	 	$	___,___,__.__	 	 	 	_._	%
	 
	 	$	___,___,__.__	 	 	 	_._	%
	Total
	 	$	___,___,__.__	 	 	 	100	%

 

 

Revolving Commitments

	 	 	 	 	 	 	 	 	 
	Lender	 	Revolving Commitment	 	Pro Rata Share
	 
	 	$	___,___,__.__	 	 	 	_._	%
	 
	 	$	___,___,__.__	 	 	 	_._	%
	 
	 	$	___,___,__.__	 	 	 	_._	%
	Total
	 	$	___,___,__.__	 	 	 	100	%

 

 

SCHEDULE 10.1

Notice Addresses

COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC

10 East Cambridge Circle Drive,Suite 250

Kansas City, Kansas 66103

Attention: Edward A. Morgan

Facsimile: (281) 207-3589

E-mail: eamorgan@CVREnergy.com

CVR PARTNERS, LP

10 East Cambridge Circle Drive,Suite 250

Kansas City, Kansas 66103

Attention: Edward A. Morgan

Facsimile: (281) 207-3589

E-mail: eamorgan@CVREnergy.com

in each case, with a copy to:

Fried, Frank, Harris, Shriver & Jacobson LLP

One New York Plaza

New York, NY 10004-1980

Attention: J. Christian Nahr

Facsimile: (212) 859-4000

E-mail: christian.nahr@friedfrank.com

 

 

GOLDMAN SACHS LENDING PARTNERS LLC,

Administrative Agent’s Principal Office and as Lender:

Goldman Sachs Lending Partners LLC

c/o Goldman, Sachs & Co.

30 Hudson Street, 36th Floor

Jersey City, NJ 07302

Attention: SBD Operations

Attention: Andrew Caditz

Email: gsd.link@gs.com and ficc-sbdagency-nydallas@ny.email.gs.com

with a copy to:

Goldman Sachs Lending Partners LLC

200 West Street

New York, New York 10282-2198

Attention: Lauren Dayexv10w20

Exhibit 10.20

TRADEMARK LICENSE AGREEMENT

     This Trademark License Agreement (this “Agreement”) is entered into and made effective as of
the ___ day of _______, 2011, by and between CVR Energy, Inc., a corporation organized and existing
under the laws of Delaware and having a place of business at 10 East Cambridge Circle Drive, Suite
250, Kansas City, Kansas 66103 (hereinafter “CVR Energy”), and CVR Partners, LP, a limited
partnership organized and existing under the laws of Delaware and having a place of business at 10
East Cambridge Circle Drive, Suite 250, Kansas City, Kansas 66103 (hereinafter “CVR Partners”).

     CVR Energy is the owner of the marks listed on Appendix A (hereinafter the “Marks”). CVR
Partners desires to use the Marks on and in connection with its production and sale of fertilizer
and byproducts of the fertilizer production process (the “Business and Goods”).

     In consideration of the foregoing and of the mutual promises hereinafter set forth, the
parties agree as follows:

I. GRANT OF LICENSE

     CVR Energy grants to CVR Partners a non-exclusive and non-transferable license to use the
Marks on and in connection with the Business and Goods, with the right to sublicense subject to the
following terms and conditions. Notwithstanding the foregoing, CVR Partners may assign or
otherwise transfer the foregoing license with the prior written consent of CVR Energy.

II. USE OF MARKS AND QUALITY CONTROL

     CVR Partners agrees to use the Marks only in the form and manner and with appropriate legends
as reasonably prescribed from time to time by CVR Energy, and not to use any other names, logos or
marks in combination with the Marks without prior approval of CVR Energy; provided, such approval
will not be unreasonably withheld, conditioned or delayed.

     CVR Partners agrees that the nature and quality of the Business and Goods will conform to
standards currently applied by CVR Partners.

     CVR Partners will permit reasonable inspection of its operations, and will supply CVR Energy
with specimens of use of the Marks upon request.

III. OWNERSHIP OF MARKS

     CVR Partners acknowledges that CVR Energy owns all right, title and interest in and to the
Marks, agrees that it will do nothing inconsistent with CVR Energy’s ownership of the Marks and
that all use of the Marks by CVR Partners will inure to the benefit of and be on behalf of CVR
Energy. CVR Partners agrees that nothing in this Agreement will give CVR Partners any right, title
or interest in the Marks, other than the right to use the Marks in accordance with this Agreement
and CVR Partners agrees that it will not attack the title of CVR Energy to the Marks or attack the
validity of the license granted hereunder.

 

 

IV. RECORD KEEPING

     CVR Partners agrees to maintain accurate records and archives evidencing its use of the Marks
pursuant to this Agreement, including retaining samples of signage, advertising and other
promotional uses of the Marks for each year during the term of the Agreement.

V. INFRINGEMENT PROCEEDINGS

     CVR Energy will have the sole right and discretion, but not the obligation, to bring
infringement or unfair competition proceedings involving the Marks.

VI. TERM AND TERMINATION

     This Agreement will continue in force and effect for the life of the Marks, unless sooner
terminated as provided for herein.

     The Agreement may be terminated by either party without cause upon giving the other party 60
days’ written notice.

     CVR Energy may terminate this Agreement immediately (i) in the event of any affirmative act of
insolvency by CVR Partners, (ii) upon the appointment of any receiver or trustee to take possession
of the properties of the CVR Partners, or (iii) upon the liquidation, dissolution, winding up or
sequestration by governmental authority of CVR Partners. In addition, CVR Energy may terminate
this Agreement upon breach of any of the provisions hereof by CVR Partners that is not cured or
waived within 30 days following receipt by CVR Partners of notice of breach from CVR Energy.

     Upon termination of this Agreement, CVR Partners agrees to immediately discontinue all use of
the Marks and any term confusingly similar thereto, and to delete the same from its corporate or
business name, to cooperate with CVR Energy or its appointed agent to supply to the appropriate
authorities to cancel recording of this Agreement from all government records, to destroy all
printed materials bearing the Marks, and that all rights in the Marks and the goodwill connected
therewith will remain the property of CVR Energy.

VII. INTERPRETATION OF AGREEMENT

     This Agreement will be interpreted according to the laws of the State of Kansas, United States
of America.

[signature page follows]

2

 

     The parties hereto have caused this Agreement to be executed as of the date first written
above.

	 	 	 	 	 	 	 

	CVR Energy, Inc.	 	CVR Partners, LP
	 	 	 	 	by: CVR GP, LLC, its general partner
	 

	 	 
	 	 	 	 
	By:

	 	 	 	By:	 	 
	 	 	 	 	 	 	 
	Name:

	 	 	 	Name:	 	 
	 	 	 	 	 	 	 
	Title:

	 	 	 	Title:	 	 
	 	 	 	 	 	 	 

3

 

	 	 	 	 	 	 	 
	APPENDIX A	 	 	 	 
	 	 	 	 	 
	 	 
	 	1.	 	 	COFFEYVILLE RESOURCES (word mark)
	 	 
	 	 	 	 	 
	 	 
	 	2.	 	 	COFFEYVILLE RESOURCES (logo)
	 	
	 	 	 	 	 
	 	 
	 	3.	 	 	CVR PARTNERS, LP (logo)
	 	

4

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