SEC Contract Filing

Filing Date: 2020-08-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>3
<FILENAME>wtrh-ex107_83.htm
<DESCRIPTION>EX-10.7
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wtrh-ex107_83.htm
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:3pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.7</p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;margin-left:15.38%;text-indent:15.38%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:3pt;text-align:center;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">AMENDMENT NO. 3</p>
<p style="margin-bottom:3pt;text-align:center;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">to</p>
<p style="text-align:center;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">CREDIT AND GUARANTY AGREEMENT</p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:3.85%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This AMENDMENT NO. 3 TO CREDIT AND GUARANTY AGREEMENT (this &#8220;<font style="text-decoration:underline;">Amendment</font>&#8221;) is made as of July 15, 2020, by and among WAITR INC., a Delaware corporation (&#8220;<font style="text-decoration:underline;">Borrower</font>&#8221;), WAITR INTERMEDIATE HOLDINGS, LLC, a Delaware limited liability company (&#8220;<font style="text-decoration:underline;">Holdings</font>&#8221;), LUXOR CAPITAL, LLC, as a Lender (as hereinafter defined) and LUXOR CAPITAL GROUP, LP, as administrative agent (in such capacity, the &#8220;<font style="text-decoration:underline;">Administrative Agent</font>&#8221;) and collateral agent (in such capacity, the &#8220;<font style="text-decoration:underline;">Collateral Agent</font>&#8221;) for the Lenders. </p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:3.85%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS<font style="font-weight:normal;">, Borrower, Holdings, Administrative Agent, and the lenders from time to time party thereto (the &#8220;</font><font style="text-decoration:underline;font-weight:normal;">Lenders</font><font style="font-weight:normal;">&#8221;) are parties to that certain Credit and Guaranty Agreement dated as of November 15, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the date hereof (including as amended pursuant to (i) that certain Amendment No. 1 to Credit and Guaranty Agreement dated as of January 17, 2019 and (ii) that certain Amendment No. 2 to Credit and Guaranty Agreement dated as of May 21, 2019), the &#8220;</font><font style="text-decoration:underline;font-weight:normal;">Existing Credit Agreement</font><font style="font-weight:normal;">&#8221;; and the Existing Credit Agreement, as amended by this Amendment being referred to herein as the &#8220;</font><font style="text-decoration:underline;font-weight:normal;">Amended Credit Agreement</font><font style="font-weight:normal;">&#8221;).</font></p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:3.85%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS<font style="font-weight:normal;">, Borrower has requested that Lenders amend the Existing Credit Agreement so as to effectuate the amendments contemplated by Section 2 hereof.</font></p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:3.85%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS<font style="font-weight:normal;">, Borrower, Holdings, Administrative Agent, and Lenders have agreed to such amendments upon and subject to the terms and conditions set forth herein.</font></p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:3.85%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">NOW, THEREFORE<font style="font-weight:normal;">, in consideration of the premises set forth above, the terms and conditions contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrower, Holdings, Administrative Agent, and Lenders hereby agree as follows:</font></p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#000000;text-transform:uppercase;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;font-variant: normal;">Section 1.<font style="margin-left:0pt;"></font><font style="text-decoration:underline;font-size:11pt;text-transform:none;color:#000000;">Defined Terms</font><font style="font-size:11pt;text-transform:none;color:#000000;">. Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned to such terms in the Amended Credit Agreement.</font></p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#000000;text-transform:uppercase;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;font-variant: normal;">Section 2.<font style="margin-left:0pt;"></font><font style="text-decoration:underline;