SEC Contract Filing

Filing Date: 2024-03-26

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d716071dex101.htm
<DESCRIPTION>EX-10.1
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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:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMENDMENT NO. 1 TO CREDIT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This<B> AMENDMENT NO. 1 TO CREDIT AGREEMENT</B> (this &#147;<B>Agreement</B>&#148;) is made as of March&nbsp;25, 2024, among <B>USS HOLDINGS, INC.</B>, a
Delaware corporation, as Parent (&#147;<B>Parent</B>&#148;), <B>U.S. SILICA COMPANY</B>, a Delaware corporation, as Company (&#147;<B>Company</B>&#148;), the Subsidiary Guarantors listed on the signature pages hereto (collectively, the
&#147;<B>Subsidiary Guarantors</B>&#148;) and <B>BNP PARIBAS</B>, as Administrative Agent for itself and on behalf of all Lenders consenting to this Agreement (collectively, the &#147;<B>Consenting Lenders</B>&#148;) (in such capacity,
&#147;<B>Administrative Agent</B>&#148;). Capitalized terms used in this Agreement but not defined herein shall have the meanings given to such terms in the Amended Credit Agreement (as defined below). </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>:<B> </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">(A)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Parent, Company, Subsidiary Guarantors, the financial institutions listed therein as Lenders, and
Administrative Agent are party to a Fourth Amended and Restated Credit Agreement dated as of March&nbsp;23, 2023 (as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time, the &#147;<B>Credit
Agreement</B>&#148;). </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">(B)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Company has informed Administrative Agent that it wishes to amend certain provisions of the Credit Agreement as
set forth in Section&nbsp;1 herein. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>NOW, THEREFORE</B>, in consideration of the premises and the agreements, provisions and
covenants herein contained, the parties hereto, as applicable, agree as follows:<B> </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>1</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Administrative Agent (for itself and on behalf of all Consenting Lenders) and the Loan Parties hereto hereby
agree that the Credit Agreement (excluding the Exhibits and Schedules thereto) is hereby amended to incorporate the blacklined changes (including all deletions and additions of text) shown on the marked copy thereof attached hereto as Annex A.
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>2</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The parties hereto hereby consent to this Agreement, carried out in accordance with the provisions of
Section&nbsp;9.6 of the Credit Agreement. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>3</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Each Loan Party hereby certifies that (a)&nbsp;the representations and warranties contained in the Credit
Agreement and in the other Loan Documents are true, correct and complete in all material respects on and as of the date hereof to the same extent as though made on and as of the date hereof, except to the extent such representations and warranties
specifically relate to an earlier date, in which case such representations and warranties were true, correct and complete in all material respects on and as of such earlier date; <I>provided that</I>, if a representation and warranty is qualified as
to materiality, the materiality qualifier set forth above shall be disregarded with respect to such representation and warranty for purposes of this certification, and (b)&nbsp;as of the date hereof,