SEC Contract Filing

Filing Date: 2017-05-24

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>d391898dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMENDMENT NO. 1 TO FIFTH AMENDED AND RESTATED CREDIT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">AMENDMENT NO. 1 TO FIFTH AMENDED AND RESTATED CREDIT AGREEMENT (this &#147;<U>Agreement</U>&#148;), dated as of May&nbsp;23, 2017, relating to
the Fifth Amended and Restated Credit Agreement, dated as of May&nbsp;11, 2017 (as amended, supplemented or otherwise modified prior to the date hereof, the &#147;<U>Existing Credit Agreement</U>&#148;), among RHP HOTEL PROPERTIES, LP, a Delaware
limited partnership, (together with any permitted successors and assigns, the &#147;<U>Borrower</U>&#148;), RYMAN HOSPITALITY PROPERTIES, INC. (the &#147;<U>Parent</U>&#148;), the GUARANTORS from time to time party thereto, the PLEDGORS from time to
time party to the Pledge Agreement (as defined in the Existing Credit Agreement) (the &#147;<U>Pledgors</U>&#148;), the CLOSING DATE TERM LOAN LENDERS from time to time party thereto, the REVOLVING CREDIT LENDERS from time to time party thereto, and
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the &#147;<U>Administrative Agent</U>&#148;). This Agreement, from and after the Amendment No.&nbsp;1 Effective Date (as herein defined), is the &#147;Closing Date Term Loan
Amendment&#148; contemplated by the Existing Credit Agreement and is a &#147;Loan Document&#148; thereunder. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RECITALS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Borrower has requested that (i)&nbsp;the Closing Date Term Loan Facility be increased from $0 to $200,000,000 in accordance with
<U>Section</U><U></U><U>&nbsp;5.03</U> of the Existing Credit Agreement, (ii)&nbsp;the maturity dates for the Revolving Credit Facility be extended, (iii)&nbsp;the Applicable Margin for the increased Closing Date Term Loan Facility be set forth,
(iv)&nbsp;the Applicable Margin with respect to the Revolving Credit Facility be reduced, and (v)&nbsp;certain provisions of the Existing Credit Agreement related thereto be amended; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, pursuant to <U>Section</U><U></U><U>&nbsp;11.01</U> of the Existing Credit Agreement, the Parent, the Borrower, the Loan Parties, all
of the Closing Date Term Loan Lenders and all of the Revolving Credit Lenders (representing the entire Class&nbsp;of Lenders affected by this Agreement as required pursuant to <U>Section</U><U></U><U>&nbsp;11.01</U> of the Existing Credit
Agreement)(the &#147;<U>Affected Lenders</U>&#148;), and the Administrative Agent, agree to amend the Existing Credit Agreement on the terms set forth herein, and the Closing Date Term Loan Lenders are willing to increase the Closing Date Term Loan
Facility available to Borrower on the terms and conditions set forth herein and in the First Amended Credit Agreement (as herein defined); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and
receipt of which are hereby acknowledged, the parties hereto hereby agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">SECTION 1. <U>Defined Terms</U>. Capitalized terms
used but not defined herein shall have the meanings given to them in the Existing Credit Agreement. The rules of interpretation set forth in <U>Section</U><U></U><U>&nbsp;1.02</U> of the Existing Credit Agreement are hereby incorporated by reference
herein, <I>mutatis mutandis</I>. Each reference to &#147;hereof&#148;, &#147;hereunder&#148;, &#147;herein&#148; and &#147;hereby&#148; and each other similar reference and each reference to &#147;this Agreement&#148; and each other similar
reference contained in the Existing Credit Agreement shall, after this Agreement becomes effective, refer to the Existing Credit Agreement as amended hereby. For the avoidance of doubt, from and after the Amendment No.&nbsp;1 Effective Date, any
references to &#147;date hereof&#148; or &#147;date of this agreement&#148; in the Existing Credit Agreement shall continue to refer to May&nbsp;11, 2017. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">SECTION 2. <U>Closing Date Term Loan Facility</U>. Subject to and upon the terms and conditions
set forth herein, on the Amendment No.&nbsp;1 Effective Date, the Closing Date Term Loan Lenders agree to make the Closing Date Term Loans available to Borrower in the amount of each Lender&#146;s Closing Date Term Loan Commitment in accordance with
<U>Section 2.01(b)</U> of the First Amended Credit Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">SECTION 3. <U>Amendments to the Credit Agreement</U>. The Existing Credit
Agreement is, effective as of the Amendment No.&nbsp;1 Effective Date, hereby amended as follows (the Existing Credit Agreement, as so amended, the &#147;<U>First Amended Credit Agreement</U>&#148;): </P>
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