SEC Contract Filing

Filing Date: 2023-01-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm234295d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0">EXECUTION VERSION</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This <FONT STYLE="text-transform: uppercase">TWELFTH
</FONT>AMENDMENT TO CREDIT AGREEMENT, dated as of January&nbsp;25, 2023 (this&nbsp;&ldquo;<B><I>Amendment</I></B>&rdquo;), is entered
into by and among AMC Entertainment Holdings, Inc., a Delaware corporation (the&nbsp;&ldquo;<B><I>Borrower</I></B>&rdquo;), the other
Loan Parties party hereto, certain Lenders (as defined below) party hereto and Wilmington Savings Fund Society, FSB, as administrative
agent (in such capacity, the &ldquo;<B><I>Administrative Agent</I></B>&rdquo;) and Collateral Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the Borrower
has entered into that certain Credit Agreement dated as of April&nbsp;30, 2013 (as amended, restated, amended and restated, supplemented
or otherwise modified prior to the date hereof, the&nbsp;&ldquo;<B><I>Existing Credit Agreement</I></B>&rdquo;, and as amended by this
Amendment and as further amended, restated, supplemented, amended and restated or otherwise modified from time to time, the &ldquo;<B><I>Credit
Agreement</I></B>&rdquo;) with each lender from time to time party thereto (collectively, the &ldquo;<B><I>Lenders</I></B>&rdquo; and
each, individually, a &ldquo;<B><I>Lender</I></B>&rdquo;), the Issuing Banks (as defined therein) from time to time party thereto, the
Administrative Agent, the Collateral Agent (as defined therein), and the other parties from time to time party thereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the Borrower
has requested and the Lenders constituting the Required Revolving Lenders and Required Specified Revolving Lenders have agreed to make,
certain changes to the Existing Credit Agreement on and subject to the terms and conditions set forth herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>NOW</B>, <B>THEREFORE</B>,
in consideration of the premises and covenants contained herein and for other good and valuable consideration provided herein or substantially
concurrently herewith, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound
hereby, agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Section
1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></FONT><B><U>Defined
Terms</U>.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Capitalized terms used but
not defined herein shall have the respective meanings assigned to such terms in the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Section
2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></FONT><B><U>Amendments</U>.
</B>Effective as of the Amendment No.&nbsp;12 Effective Date (as defined below), the parties hereto hereby agree that the definition
of &ldquo;Covenant Suspension Period&rdquo; in the Existing Credit Agreement is hereby amended and restated as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-align: justify; text-indent: 0.5in"><I>&ldquo;<B>Covenant
Suspension Period</B>&rdquo; means the period from and after the Amendment No.&nbsp;7 Effective Date to and including the earlier of
(a)&nbsp;March&nbsp;31, 2024 and (b)&nbsp;the day the Borrower has delivered a Financial Covenant Election to the Administrative Agent;
<B>provided</B> that, to the extent the Borrower has delivered a Financial Covenant Election, the&nbsp;&ldquo;Covenant Suspension Period&rdquo;
with respect to <B><U>clause&nbsp;(c)(ii)</U></B> of the definition of &ldquo;Covenant Suspension Conditions&rdquo; and, to the extent
compliance with respect to <B><U>clauses&nbsp;(b)</U></B> and <B><U>(d)(i) </U></B>of the definition of &ldquo;Covenant Suspension Conditions&rdquo;
is weekly at the time of delivery of such Financial Covenant Election, <B><U>clauses&nbsp;(b)</U></B>, <B><U>(d)(i)</U></B> and <B><U>(d)(ii)
</U></B>of the definition of &ldquo;Covenant Suspension Conditions&rdquo; shall continue in effect until the Borrower demonstrates compliance
with <B><U>Section&nbsp;6.10(a)(i)</U></B> on