SEC Contract Filing

Filing Date: 2016-09-30

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>mik-20160928ex1016188d4.htm
<DESCRIPTION>EX-10.1
<TEXT>
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 Exhibit 101
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 <font style="display:inline;font-weight:bold;font-size:11pt;">Exhibit 10.1</font>
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 <font style="display:inline;font-size:11pt;">&nbsp;</font>
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 <font style="display:inline;font-weight:bold;font-size:11pt;text-decoration:underline;">SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT</font>
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 <font style="display:inline;font-size:11pt;">&nbsp;</font>
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 <font style="display:inline;font-size:11pt;">SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT, dated as of September 28, 2016 (this &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Second Amendment</font><font style="display:inline;font-size:11pt;">&#x201D;), among MICHAELS STORES, INC., a Delaware corporation (the &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Borrower</font><font style="display:inline;font-size:11pt;">&#x201D;), MICHAELS FUNDING, INC., a Delaware corporation (&#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Holdings</font><font style="display:inline;font-size:11pt;">&#x201D;), various Subsidiaries of the Borrower, DEUTSCHE BANK AG NEW YORK BRANCH, as Administrative Agent (in such capacity, the &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Administrative Agent</font><font style="display:inline;font-size:11pt;">&#x201D;) and Collateral Agent (in such capacity, the &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Collateral Agent</font><font style="display:inline;font-size:11pt;">&#x201D;) under the Credit Agreement referred to below, the 2016 Converting Replacement Term B-1 Loan Lenders, the 2016 New Replacement Term B-1 Loan Lenders, the 2016 Converting Replacement Term B-2 Loan Lenders, the 2016 New Replacement Term B-2 Loan Lenders, certain Lenders party hereto constituting the New Required Lenders and DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES LLC, &nbsp;WELLS FARGO SECURITIES, LLC, GOLDMAN SACHS BANK USA and SUNTRUST ROBINSON HUMPHREY, INC., as joint lead arrangers and joint book running managers (with capitalized terms used, but not defined, in this paragraph and the recitals below to be defined as provided in </font><font style="display:inline;font-size:11pt;text-decoration:underline;">Section 1</font><font style="display:inline;font-size:11pt;"> below).</font>
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 <font style="display:inline;font-size:11pt;text-decoration:underline;">R</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">E</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">C</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">I</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">T</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">A</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">L</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">S</font>
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 <font style="display:inline;font-size:11pt;">WHEREAS, the Borrower, the Administrative Agent, the Collateral Agent, the lenders from time to time party thereto (the &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Lenders</font><font style="display:inline;font-size:11pt;">&#x201D;) and various other parties have previously entered into that certain Amended and Restated Credit Agreement, dated as of January 28, 2013 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Credit Agreement</font><font style="display:inline;font-size:11pt;">&#x201D;); </font>
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