SEC Contract Filing

Filing Date: 2018-05-17

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>amendmentno1.htm
<DESCRIPTION>EXHIBIT 10.1 AMENDMENT NO. 1
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<DIV><FONT size="1" style="font-size:1pt;color:white"> AMENDMENT NO. 1 TO CREDIT AGREEMENT This AMENDMENT NO. 1 TO CREDIT AGREEMENT is dated as of May 16, 2018 (this &#8220;Amendment&#8221; ), by and among Jones Lang LaSalle Finance B.V., a private company with limited liability (a besloten vennootschap met beperkte aansprakelijkheid ) organized under the laws of The Netherlands (the &#8220;Borrower&#8221; ), the Guarantors party hereto, the lenders party hereto, and Bank of Montreal, as Administrative Agent. PRELIMINARY STATEMENTS A. The Borrower, the Guarantors, the Lenders party thereto and the Administrative Agent have heretofore entered into that certain Second Amended and Restated Multicurrency Credit Agreement, dated as of June 21, 2016 (the &#8220;Credit Agreement&#8221; ); and B. The parties hereto wish to enter into certain amendments, supplements or other modifications to the Credit Agreement provided herein, subject to the terms and conditions set forth below. NOW , THEREFORE , 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, the parties hereto, intending to be legally bound hereby, agree as follows: ARTICLE I DEFINITIONS Section 1.1 Use of Defined Terms . Unless otherwise defined or the context otherwise requires, terms for which meanings are provided in the Credit Agreement as amended hereby (as so amended, the &#8220;Amended Credit Agreement&#8221; ) shall have such meanings when used in this Amendment. ARTICLE II AMENDMENTS Section 2.1 The Credit Agreement is, effective as of the Amendment No. 1 Effective Date (as defined herein), hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the pages of the Amended Credit Agreement attached as Annex I hereto, except that any Schedule or Exhibit to the Credit Agreement not amended pursuant to the terms of this Amendment or otherwise included as part of said Annex I shall remain in effect without any amendment or other modification thereto. Amendment No. 1 4836-0610-3907 v.7.docx 1627413 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> ARTICLE III CONDITIONS PRECEDENT Section 3.1 Effectiveness . This Amendment shall become effective on the date (the &#8220;Amendment No. 1 Effective Date&#8221; ) on which each of the following conditions precedent are satisfied or duly waived: (a) The Administrative Agent shall have received this Amendment duly executed by the Borrower, each Guarantor, each Continuing Lender (as defined herein) and each New Lender (as defined herein); (b) The Administrative Agent shall have received for each Lender in form and substance satisfactory to the Administrative Agent the favorable written opinion of (i) Mark J. Ohringer, Esquire, Global General Counsel to the Borrower and Guarantors, (ii) Loyens &amp; Loeff N.V., Dutch counsel to the Borrower, (iii) Baker &amp; McKenzie, English counsel to Jones Lang LaSalle Limited, (iv) Hogan Lovells International LLP, German counsel to Jones Lang LaSalle SE , and (v) the opinion of Skadden, Arps, Slate, Meagher &amp; Flom LLP, special Illinois counsel to the Borrower and Guarantors ; (c) The Administrative Agent shall have received for each Lender copies of the deed of incorporation of the Borrower, the articles of association of the Borrower in force on the Amendment No. 1 Effective Date and an up-to-date extract of the trade register of the chamber of commerce relating to the Borrower, each certified by a managing director of the Borrower to be correct and complete; (d) The Administrative Agent shall have received copies of the Certificate of Incorporation and bylaws (or equivalent) of each Guarantor, certified in each instance by its secretary or an assistant secretary (or its equivalent); (e) The Administrative Agent shall have received copies, certified by the secretary, or assistant secretary or authorized signatory (or its equivalent) of the Borrower&#8217;s and each Guarantor&#8217;s board of directors&#8217; resolutions (or its equivalent) authorizing the execution of this Amendment and the other Credit Documents in connection therewith to which it is a party; (f) The Administrative Agent shall have received certificates, executed by the secretary or assistant secretary of each Guarantor, which shall identify by name and title and bear the signature of the partners or officers authorized to sign this Amendment and the other Credit Documents in connection therewith to which it is a party; (g) The Administrative Agent shall have received copies of the certificates of good standing (to the extent relevant) for each Guarantor (dated no earlier than 30 days prior to the date hereof) from the office of the secretary of the state of its incorporation or organization; - 2 - </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> (h) The Administrative A