SEC Contract Filing

Filing Date: 2019-02-25

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>a19-4669_1ex10d1.htm
<DESCRIPTION>EX-10.1
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 10.1<a name="Exhibit10_1_111956"></a></font></b></p>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXECUTION VERSION</font></b></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:71.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">INCREMENTAL AMENDMENT No.&nbsp;4</font></b>, dated as of February&nbsp;25, 2019 (this &#147;<u>Amendment</u>&#148;) to the Amended and Restated Credit Agreement dated as of July&nbsp;17, 2015, among SUMMIT MATERIALS, LLC, a Delaware limited liability company (the &#147;<u>Borrower</u>&#148;), the Guarantors party thereto, the several banks and other financial institutions or entities from time to time parties to the Credit Agreement (the &#147;<u>Lenders</u>&#148;), BANK OF AMERICA, N.A., as Administrative Agent (the &#147;<u>Administrative Agent</u>&#148;), Collateral Agent, L/C Issuer and Swing Line Lender and the other parties thereto (as amended on January&nbsp;19, 2017, November&nbsp;21, 2017 and May&nbsp;22, 2018 and as further amended, restated, modified and supplemented from time to time, the &#147;<u>Credit Agreement</u>&#148;); capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement.</p>
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<p style="margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, the Borrower has notified the Administrative Agent that it intends to (i)&nbsp;obtain Incremental Revolving Credit Commitments pursuant to Section&nbsp;2.14 of the Credit Agreement in an aggregate principal amount of $345,000,000 (such Incremental Revolving Credit Commitments, the &#147;<u>New Revolving Commitments</u>&#148;), which New Revolving Commitments will be available on the Amendment No.&nbsp;4 Effective Date (as defined below) and (ii)&nbsp;substantially concurrently with the incurrence described in clause (i), repay in full the principal amount of any Revolving Credit Loans (including any outstanding Swing Line Loans, the &#147;<u>Existing Revolving Loans</u>&#148;), and terminate all Revolving Credit Commitments (the &#147;<u>Existing Revolving Commitments</u>&#148;), in each case outstanding under the Credit Agreement immediately prior to the Amendment No.&nbsp;4 Effective Date and pay all accrued interest and fees thereon (the &#147;<u>Refinancing</u>&#148;);</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, subject to the terms and conditions set forth herein, each Person party hereto who has delivered a signature page&nbsp;as a &#147;New Revolving Lender&#148; has agreed to provide a New Revolving Commitment in the amount set forth opposite its name on Schedule 1.01A hereto;</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, Section&nbsp;2.14(f)&nbsp;and Section&nbsp;10.01 of the Credit Agreement permit the Borrower and the Administrative Agent to enter into any Incremental Amendment in accordance with Section&nbsp;2.14 of the Credit Agreement without the consent of any party to the Credit Agreement other than the parties hereto;</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NOW, THEREFORE, in consideration of the premises contained herein and for 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:</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section&nbsp;1.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">New Revolving Commitments</u></b>.</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Subject to the terms and conditions set forth herein, on the Amen