Document:

Exhibit 4(l)

February 27, 2015

Securities and Exchange Commission

 100 F. Street, N.E.

Washington, D.C. 20549

	
Subject:

	 	
General Electric Capital Corporation Annual Report on Form 10-K for the fiscal year ended December 31, 2014 – File No. 001-06461

Dear Sirs:

Neither General Electric Capital Corporation (the "Corporation") nor any of its subsidiaries has outstanding any instrument with respect to its long-term debt, other than those filed as an exhibit to the Corporation's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, under which the total amount of securities authorized exceeds 10% of the total assets of the registrant and its subsidiaries on a consolidated basis. In accordance with paragraph (b) (4) (iii) of Item 601 of Regulation S-K (17 CFR §229.601), the Corporation hereby agrees to furnish to the Securities and Exchange Commission, upon request, a copy of each instrument that defines the rights of holders of such long-term debt not filed or incorporated by reference as an exhibit to the Corporation's Annual Report on Form 10-K for the fiscal year ended December 31, 2014.

 

	
Very truly yours,

GENERAL ELECTRIC CAPITAL CORPORATION

 

	
By:

	
/s/ Daniel C. Janki

	 	 
	 	
Daniel C. Janki

 Senior Vice President – Corporate Treasury and Global Funding Operationex10-15.htm

Exhibit 10.15

  

FIRST MODIFICATION TO FOURTH AMENDED AND RESTATED BUSINESS LOAN 

AND SECURITY AGREEMENT AND OTHER LOAN DOCUMENTS 

 

THIS FIRST MODIFICATION TO FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT AND OTHER LOAN DOCUMENTS (this “Modification”), dated as of November 5, 2014, is made by and among (i) CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank (“Citizens Bank”), acting in its capacity as the administrative agent for the Lenders (the “Administrative Agent”); (ii) Citizens Bank, acting in its capacity as a Lender, and the other “Lender” parties to the hereinafter referenced Loan Agreement (collectively, the “Lenders”); and (iii) ICF International, Inc., ICF Consulting Group, Inc., and all other “Borrower” parties to the Loan Agreement from time to time (collectively, the “Borrowers”). Capitalized terms used but not defined herein shall have the meanings attributed to such terms in the Loan Agreement.

 

WITNESSETH THAT:

 

WHEREAS, pursuant to the terms of a certain Fourth Amended and Restated Business Loan and Security Agreement dated as of May 16, 2014 (as the same may be amended, modified or restated from time to time, the “Loan Agreement”), by and among the Borrowers, the Administrative Agent and the Lenders, the Borrowers obtained loans and certain other financial accommodations (collectively, the “Loan”) from the Lenders in the aggregate maximum principal amount of Four Hundred Million and No/100 Dollars ($400,000,000.00); and

 

WHEREAS, the Loan is evidenced by the Notes and secured by, among other things, the collateral described in the Loan Agreement; and

 

WHEREAS, the Borrowers have requested Incremental Revolving Facility Commitments pursuant to Section 1.8 of the Loan Agreement, and after giving effect thereto, the aggregate maximum principal amount of the Loan will increase from Four Hundred Million and No/100 Dollars ($400,000,000.00) to Five Hundred Million and No/100 Dollars ($500,000,000.00); and

 

WHEREAS, the Borrowers have also requested that after giving effect to the Incremental Revolving Facility Commitments, the Uncommitted Incremental Revolving Facility Commitment Amount be reinstated to be One Hundred Million and No/100 Dollars ($100,000,000.00); and

 

WHEREAS, the Borrowers, the Administrative Agent and the Lenders desire to enter into this Modification to memorialize the agreement and understanding of the parties with respect to the foregoing matter, as hereinafter provided.

 

NOW THEREFORE, for Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

 

1.   Recitals. The foregoing recitals are hereby incorporated herein by this reference and made a part hereof, with the same force and effect as if fully set forth herein.

 

2.   Increase to Revolving Facility Commitment Amount. The stated Commitment Amount and the Revolving Facility Commitment Amount are hereby increased from Four Hundred Million and No/100 Dollars ($400,000,000.00) to Five Hundred Million and No/100 Dollars ($500,000,000.00), which increased amount is inclusive of the Incremental Revolving Facility Commitments exercised as of the date hereof.

 

 

 

 

  

3.   Reinstatement of Accordion. Immediately following the effectiveness of the Incremental Revolving Facility Commitments of each Incremental Revolving Facility Lender (and the increase of the Revolving Facility Commitment Amount to Five Hundred Million and No/100 Dollars ($500,000,000.00)), the Uncommitted Incremental Revolving Facility Commitment Amount will be reinstated to be One Hundred Million and No/100 Dollars ($100,000,000.00); provided, however, that the parenthetical relating to the effective time of any Incremental Revolving Facility Commitments requested pursuant to Section 1.8(a)(ii) of the Loan Agreement, is hereby amended to read as follows: “(which shall not be less than ten (10) Business Days nor more than sixty (60) days after the date of such notice).”

 

4.   Schedule Update. As a result of the implementation of the Incremental Revolving Facility Commitments, Schedule 1 to the Loan Agreement is hereby deleted in its entirety and replaced with the Schedule 1 attached to this Modification.

 

5.   Condition Precedent. Prior to or simultaneously with the execution and delivery of this Modification, and as conditions precedent to the effectiveness of this Modification, the Borrowers shall have satisfied all of the conditions to the effectiveness of the Incremental Revolving Facility Commitments set forth in Section 1.8 of the Loan Agreement.

 

6.   Miscellaneous.

 

(a)     Each Borrower hereby represents, warrants, acknowledges and agrees that as of the date hereof (i) there are no set-offs, defenses, deductions or counterclaims against and no defaults under any of the Notes, the Loan Agreement or any other Loan Document; (ii) no act, event or condition has occurred which, with notice or the passage of time, or both, would constitute a default under any of the Notes, the Loan Agreement or any other Loan Document; (iii) all of the representations and warranties of the Borrowers contained in the Loan Agreement and the other Loan Documents are, if qualified by “materiality”, true and correct in all respects, and if not qualified by “materiality”, true and correct in all material respects, on and as of the date hereof with the same effect as though made on and as of the date hereof (except to the extent that such representations and warranties relate to an earlier date); (iv) all schedules attached to the Loan Agreement with respect to any particular representation and warranty of the Borrowers set forth in the Loan Agreement remain true, accurate and complete, as updated in writing to the Administrative Agent as of the date of this Modification; (v) all accrued and unpaid interest and fees payable with respect to the Loan have been paid when due; (vi) there has been no material adverse change in the business, property or condition (financial or otherwise) of the Borrowers since the Restatement Date and (vii) as of the Incremental Revolving Facility Commitment Effective Date, each of the conditions set forth in paragraphs (b), (c) and (d) of Section 1.8 of the Credit Agreement shall have been satisfied.

 

(b)     The Borrowers, and their respective representatives, successors and assigns, hereby jointly and severally, knowingly and voluntarily RELEASE, DISCHARGE, and FOREVER WAIVE and RELINQUISH any and all claims, demands, obligations, liabilities, defenses, affirmative defenses, setoffs, counterclaims, actions, and causes of action of whatsoever kind or nature, whether known or unknown, which they have, may have, or might have or may assert now or in the future against the Administrative Agent and/or the Lenders directly or indirectly, arising out of, based upon, or in any manner connected with any transaction, event, circumstance, action, failure to act, or occurrence of any sort or type, in each case related to, arising from or in connection with the Loan, whether known or unknown, and which occurred, existed, was taken, permitted, or begun prior to the date hereof (including, without limitation, any claim, demand, obligation, liability, defense, counterclaim, action or cause of action relating to or arising from the grant by the Borrowers to the Administrative Agent and/or the Lenders of a security interest in or encumbrance on collateral that is, was or may be subject to, or an agreement by which the Borrowers are bound and which contains, a prohibition on further mortgaging or encumbering the same). The Borrowers hereby acknowledge and agree that the execution of this Modification by the Administrative Agent and the Lenders shall not constitute an acknowledgment of or an admission by the Administrative Agent and/or the Lenders of the existence of any such claims or of liability for any matter or precedent upon which any liability may be asserted.

 

 

2

 

  

(c)     Except as expressly set forth herein, nothing contained in this Modification is intended to or shall otherwise act to nullify, discharge, or release any obligation incurred in connection with the Notes, the Loan Agreement and/or the other Loan Documents or to waive or release any collateral given by any Borrower to secure the Notes, nor shall this Modification be deemed or considered to operate as a novation of the Notes, the Loan Agreement or the other Loan Documents. Except to the extent of any express conflict with this Modification or except as otherwise expressly contemplated by this Modification, all of the terms and conditions of the Notes, the Loan Agreement and the other Loan Documents shall remain in full force and effect, and the same are hereby expressly approved, ratified and confirmed. In the event of any express conflict between the terms and conditions of the Notes, the Loan Agreement or the other Loan Documents and this Modification, this Modification shall be controlling and the terms and conditions of such other documents shall be deemed to be amended to conform with this Modification.

 

(d)     If any term, condition, or any part thereof, of this Modification, the Loan Agreement or of the other Loan Documents shall for any reason be found or held to be invalid or unenforceable by any court or governmental agency of competent jurisdiction, such invalidity or unenforceability shall not affect the remainder of such term, provision or condition nor any other term, provision, or condition of this Modification, the Loan Agreement and the other Loan Documents, and this Modification, the Loan Agreement and the other Loan Documents shall survive and be construed as if such invalid or unenforceable term, provision or condition had not been contained therein.

 

(e)     Each Borrower acknowledges that, at all times prior to and through the date hereof, the Administrative Agent and the Lenders have acted in good faith and have conducted themselves in a commercially reasonable manner in their relationship with such Borrower in connection with this Modification and in connection with the obligations of the Borrowers to the Administrative Agent and the Lenders under the Loan; the Borrowers hereby waiving and releasing any claims to the contrary.

 

(f)     Each Borrower, each Lender and the Administrative Agent hereby acknowledges and agrees that, from and after the date hereof, all references to the “Loan Agreement” set forth in any Loan Document shall mean the Loan Agreement, as modified pursuant to this Modification and any other modification of the Loan Agreement entered into from time to time in accordance with the terms and provisions of the Loan Agreement.

 

(g)     Each Borrower acknowledges (i) that it has participated in the negotiation of this Modification, and no provision of this Modification shall be construed against or interpreted to the disadvantage of any party hereto by any court or other governmental or judicial authority by reason of such party having or being deemed to have structured, dictated or drafted such provision; (ii) that it has had access to an attorney of its choosing in the negotiation of the terms of and in the preparation and execution of this Modification, and it has had the opportunity to review, analyze, and discuss with its counsel this Modification, and the underlying factual matters relevant to this Modification, for a sufficient period of time prior to the execution and delivery hereof; (iii) that all of the terms of this Modification were negotiated at arm's length; (iv) that this Modification was prepared and executed without fraud, duress, undue influence, or coercion of any kind exerted by any of the parties upon the others; and (v) that the execution and delivery of this Modification is the free and voluntary act of such Borrower.

 

(h)     This Modification, and all disputes arising from or relating to this Modification, shall be governed by the laws of the Commonwealth of Virginia (without regard to conflict of laws provisions) and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

 

 

3

 

  

(i)      This Modification may be executed in any number of counterparts, each of which shall be deemed an original and all of which together shall be deemed one and the same instrument. Signature pages may be exchanged by facsimile or electronic mail and each party hereto agrees to be bound by its facsimile or PDF signature.

 

[The Remainder of This Page Intentionally Left Blank]

 

 

4

 

  

IN WITNESS WHEREOF, the undersigned have executed this Modification under seal as of the date first above written.

 

	 	BORROWERS:	 
	 	 	 
	
 
	
ICF INTERNATIONAL, INC., 

a Delaware corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Sudhakar Kesavan
	
 

	
 
	
 
	
Name: Sudhakar Kesavan
	
 

	
 
	
 
	
Title: Chief Executive Officer
	
 

 

 

	
 
	
ICF CONSULTING GROUP, INC., 

a Delaware corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Sudhakar Kesavan
	
 

	
 
	
 
	
Name: Sudhakar Kesavan
	
 

	
 
	
 
	
Title: Chief Executive Officer
	
 

 

 

	
 
	
ADVANCED PERFORMANCE CONSULTING GROUP, INC., 

a Maryland corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Ellen Glover
	
 

	
 
	
 
	
Name: Ellen Glover
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
CALIBER ASSOCIATES, INC., 

a Virginia corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ James Morgan
	
 

	
 
	
 
	
Name: James Morgan
	
 

	
 
	
 
	
Title: Chief Financial Officer
	
 

 

 

[Signature Page to First Modification to Fourth Amended and Restated Business Loan and Security Agreement and Other Loan Documents]

 

 

 

  

	
 
	
CITYTECH, INC., 

an Illinois corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ John Wasson
	
 

	
 
	
 
	
Name: John Wasson
	
 

	
 
	
 
	
Title: President
	
 

  

 

	
 
	
ICF ASSOCIATES, L.L.C., 

a Delaware limited liability company
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ John Wasson
	
 

	
 
	
 
	
Name: John Wasson
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
ICF CONSULTING SERVICES, L.L.C., 

a Delaware limited liability company
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ John Wasson
	
 

	
 
	
 
	
Name: John Wasson
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
ICF EMERGENCY MANAGEMENT SERVICES, LLC, 

a Delaware limited liability company
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ John Wasson
	
 

	
 
	
 
	
Name: John Wasson
	
 

	
 
	
 
	
Title: President
	
 

 

 

[Signature Page to First Modification to Fourth Amended and Restated Business Loan and Security Agreement and Other Loan Documents]

 

 

 

  

	
 
	
ICF INCORPORATED, L.L.C.,

a Delaware limited liability company
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ John Wasson
	
 

	
 
	
 
	
Name: John Wasson
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
ICF JACOB & SUNDSTROM, INC.,

a Maryland corporation 
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ John Wasson
	
 

	
 
	
 
	
Name: John Wasson
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
ICF JONES & STOKES, INC.,

a Delaware corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Sergio Ostria
	
 

	
 
	
 
	
Name: Sergio Ostria
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
ICF MACRO, INC.,

a Delaware corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Ellen Glover
	
 

	
 
	
 
	
Name: Ellen Glover
	
 

	
 
	
 
	
Title: President
	
 

 

 

[Signature Page to First Modification to Fourth Amended and Restated Business Loan and Security Agreement and Other Loan Documents]

 

 

 

  

	
 
	
ICF RESOURCES, L.L.C.,

a Delaware limited liability company 
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Sergio Ostria
	
 

	
 
	
 
	
Name: Sergio Ostria
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
ICF SERVICES COMPANY, L.L.C.,

a Delaware limited liability company 
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ James Morgan
	
 

	
 
	
 
	
Name: James Morgan
	
 

	
 
	
 
	
Title: Chief Financial Officer
	
 

 

 

	
 
	
ICF SH&E, INC.,

a Delaware corporation 
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Sergio Ostria
	
 

	
 
	
 
	
Name: Sergio Ostria
	
 

	
 
	
 
	
Title: President
	
 

 

 

	
 
	
ICF Z-TECH, INC.,

a Maryland corporation
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ John Wasson
	
 

	
 
	
 
	
Name: John Wasson
	
 

	
 
	
 
	
Title: President
	
 

  

 

	
 
	
SYSTEMS APPLICATIONS INTERNATIONAL, L.L.C.,

a Delaware limited liability company 
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Sergio Ostria
	
 

	
 
	
 
	
Name: Sergio Ostria
	
 

	
 
	
 
	
Title: President
	
 

 

 

[Signature Page to First Modification to Fourth Amended and Restated Business Loan and Security Agreement and Other Loan Documents]

 

 

 

   

	 	ADMINISTRATIVE AGENT AND LENDERS:	 
	 	 	 
	
 
	
CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank, as Administrative Agent, Swing Line Lender and Lender, on behalf of itself and the other Lender parties
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
By: 
	
/s/ Tracy Van Riper
	
 

	
 
	
Name:
	
Tracy Van Riper
	
 

	
 
	
Title:
	
Senior Vice President
	
 

 

 

[Continued Signature Page to First Modification to Fourth Amended and Restated Business Loan and Security Agreement and Other Loan Documents]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00241-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00241-of-00352.parquet"}]]