SEC Contract Filing

Filing Date: 2021-09-10

Document Content:
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>4
<FILENAME>c315-20210910ex10542f7ce.htm
<DESCRIPTION>EX-10.5
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge 9.11.0.85--><!--Created on: 9/10/2021 02:22:09 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title>Amendment No. 3 (00026407).DOCX</title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.19;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;min-height:24pt;"><div style="height:0pt;position:relative;width:100%;"><div style="background-color:rgb(255,255,255);height:24pt;left:83.49%;max-width:16.51%;position:absolute;top:-21.75pt;width:78pt;z-index:251658240;"><div style="height:24pt;left:0pt;padding-bottom:0pt;position:relative;top:0pt;width:78pt;"><div style="height:calc(100% - 7.18pt);left:0pt;position:relative;text-indent:0pt;top:0pt;padding:3.59pt 7.19pt 3.59pt 7.19pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.19;width:100%;margin:0pt;">Exhibit 10.5</p></div></div></div></div><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;line-height:1.19;text-align:center;margin:0pt 0pt 24pt 0pt;"><b style="font-weight:bold;text-decoration:underline;">AMENDMENT NO. 3 TO<br>INTERCREDITOR AND COLLATERAL AGENCY AGREEMENT</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">This Amendment No. 3 to Intercreditor and Collateral Agency Agreement (this &#8220;<b style="font-weight:bold;">Amendment&#8221;</b>), dated as of this 10th day of September, 2021, is by and among CIBC Bank USA, formerly known as The PrivateBank and Trust Company (<b style="font-weight:bold;">&#8220;CIBC&#8221;</b>), The Prudential Insurance Company of America (<b style="font-weight:bold;">&#8220;Prudential&#8221;</b>), Pruco Life Insurance Company (<b style="font-weight:bold;">&#8220;Pruco&#8221;</b>), Prudential Retirement Guaranteed Cost Business Trust (<b style="font-weight:bold;">&#8220;Prudential Guaranteed&#8221;</b>), PAR U Hartford Life Insurance Comfort Trust (&#8220;<b style="font-weight:bold;">PAR</b>&#8221;), Prudential Annuities Life Assurance Corporation (&#8220;<b style="font-weight:bold;">PALA</b>&#8221;) and The Prudential Life Insurance Company, Ltd. (&#8220;<b style="font-weight:bold;">PLIC</b>&#8221;), CIBC, in its capacity as Bank Agent, and CIBC, in its capacity as Collateral Agent. &#160;</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;line-height:1.19;text-align:center;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;text-decoration:underline;">WITNESSETH:</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">WHEREAS, the parties to this Amendment are party to the Intercreditor and Collateral Agency Agreement dated as of May 14, 2015 (the &#8220;<b style="font-weight:bold;">Intercreditor Agreement</b>&#8221;), as the same shall be amended by this Amendment and amended or otherwise modified from time to time; </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">WHEREAS, the Borrowers and CIBC are entering into the Amendment No. 9 to Credit Agreement, dated as of the date hereof (<b style="font-weight:bold;">&#8220;Bank Amendment&#8221;</b>); </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">WHEREAS, the Borrowers, Prudential, Pruco, Prudential Guaranteed, PAR, PALA and PLIC are entering into the Amendment No. 5 to Note Purchase Agreement, dated as of the date hereof (the &#8220;<b style="font-weight:bold;">Note Amendment</b>&#8221;); </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">WHEREAS, as a condition to the execution and delivery of each of the Bank Amendment and the Note Amendment, the parties thereto require the execution and delivery of this Amendment by the parties hereto.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">NOW, THEREFORE, for the above reasons, in consideration of the mutual covenants herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.19;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:69.9pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:bold;line-height:1.19;text-align:justify;">SECTION 1.</b></font><b style="font-size:12pt;font-weight:bold;text-decoration:underline;text-decoration-color:#000000;">Definitions</b><font style="font-size:12pt;">. &#160;</font><font style="font-size:12pt;">Capitalized </font><font style="font-size:12pt;">terms</font><font style="font-size:12pt;"> used but not defined in this Amendment have the meanings assigned thereto in the Intercreditor Agreement, as amended by t