SEC Contract Filing

Filing Date: 2018-04-26

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ex102april262018.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<div><a name="sE1043DFFF7C7B4BF01EDFC9FBF6C5549"></a></div><div><div style="line-height:120%;text-align:right;text-indent:606px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Execution Version</font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.2</font></div><div style="line-height:120%;text-align:right;"><hr></div><div style="line-height:120%;padding-bottom:32px;text-align:justify;padding-left:192px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-bottom:32px;text-align:justify;padding-left:192px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SECOND AMENDMENT, dated as of April 25, 2018 (this &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:10pt;">&#8221;), to the CREDIT AGREEMENT, dated as of February 19, 2016, as amended by the Consent, Waiver, and First Amendment, dated as of June 22, 2017 (as further amended, supplemented or otherwise modified prior to the date hereof, the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Existing Credit Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;), among CME MEDIA ENTERPRISES B.V., a </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">besloten vennootschap met beperkte aansprakelijkheid</font><font style="font-family:inherit;font-size:10pt;">&#32;incorporated under the laws of the Netherlands and with its corporate seat in Amsterdam, the Netherlands (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Borrower</font><font style="font-family:inherit;font-size:10pt;">&#8221;), CENTRAL EUROPEAN MEDIA ENTERPRISES LTD., an exempted limited company incorporated under the laws of Bermuda (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">CME Guarantor</font><font style="font-family:inherit;font-size:10pt;">&#8221;), TIME WARNER INC., a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Guarantor</font><font style="font-family:inherit;font-size:10pt;">&#8221;), the several banks and other financial institutions from time to time party thereto (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Lenders</font><font style="font-family:inherit;font-size:10pt;">&#8221;) and BNP PARIBAS, as administrative agent (the &#8220;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Administrative Agent</font><font style="font-family:inherit;font-size:10pt;">&#8221;).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">WHEREAS, the Lenders under the Existing Credit Agreement have previously extended credit to Borrower under the Existing Credit Agreement in the form of outstanding Loans in the original aggregate principal amount of &#8364;468,800,000;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">WHEREAS, CME Guarantor has entered into the CME Guarantee, and Guarantor and the Subsidiary Guarantors have entered into the Time Warner Guarantee, in connection with the Existing Credit Agreement;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">WHEREAS, Borrower has requested that the Lenders (a) extend the maturity of the Loans and (b) effect certain other amendments to the Existing Credit Agreement as set forth herein; </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">WHEREAS, the CME Guarantor, Guarantor and the Subsidiary Guarantors have agreed to continue to guaranty the obligations entered in connection with the Existing Credit Agreement through the extended Maturity Date (as defined below); </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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:</font></div><div style="line-height:120%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:96px;"><font style="padding-bottom:16px;text-align:justify;font-family:inherit;font-size:10pt;padding-right:96px;">SECTION 1. </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Defined Terms.</font><font style="font-family:inherit;font-size:10pt;">&#32;&#32;Capitalized terms used but not otherwise defined herein (including in the preamble and the recitals hereto) have the meanings assigned to them in the Existing Credit Agreement.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SE