SEC Contract Filing

Filing Date: 2024-09-12

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex101-thirdamendmenttocr.htm
<DESCRIPTION>EX-10.1
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<DIV><FONT size="1" style="font-size:1pt;color:white">Execution Version THIRD AMENDMENT TO CREDIT AGREEMENT This THIRD AMENDMENT TO CREDIT AGREEMENT, dated as of September 10, 2024 (this &#8220;Amendment&#8221;), shall, on, and subject to the occurrence of, the Revolver Extension and Amendment Date (as defined below), amend that certain Credit Agreement, dated as of October 19, 2020 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the Revolver Extension and Amendment Date, the &#8220;Credit Agreement&#8221;), among Maravai Intermediate Holdings, LLC, a Delaware limited liability company (&#8220;Parent Borrower&#8221;), Cygnus Technologies, LLC, a Delaware limited liability company (&#8220;Cygnus&#8221;), Trilink Biotechnologies, LLC, a Delaware limited liability company (&#8220;TriLink&#8221;; and together with the Parent Borrower and Cygnus, the &#8220;Borrowers&#8221; and each, a &#8220;Borrower&#8221;), Maravai Topco Holdings, LLC, a Delaware limited liability company (&#8220;Holdings&#8221;), each lender from time to time party thereto (collectively, the &#8220;Lenders&#8221; and individually, a &#8220;Lender&#8221;), each L/C Issuer party thereto and Morgan Stanley Senior Funding, Inc., in its capacity as administrative agent (in such capacity, the &#8220;Administrative Agent&#8221;) and collateral agent, and the other parties from time to time party thereto. Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement or the Amended Credit Agreement (as defined below), as applicable. WHEREAS, pursuant to Section 10.01 of the Credit Agreement, the Borrowers have requested and each Revolving Credit Lender party hereto has agreed to extend the Maturity Date of its Revolving Credit Commitments (the &#8220;Revolving Credit Facility Extension&#8221; and the Revolving Credit Commitments and the Revolving Credit Loans of each such Revolving Credit Lender, the &#8220;Extended RCF Commitments&#8221; and the &#8220;Extended RCF Loans,&#8221; respectively); WHEREAS, the Borrower requests the amendment of the Credit Agreement as set forth herein and the Administrative Agent and each Revolving Credit Lender party hereto is willing to amend the Credit Agreement as set forth herein upon the terms and subject to the conditions set forth herein; WHEREAS, pursuant to Section 10.01 of the Credit Agreement, the Borrowers, the Administrative Agent and the Revolving Credit Lenders party hereto constituting the Required Revolving Lenders wish to make additional amendments to the Credit Agreement as set forth on Exhibit A hereto; WHEREAS, Morgan Stanley Senior Funding, Inc., Antares Capital LP, BofA Securities, Inc., Goldman Sachs Bank USA, Jefferies Finance LLC and UBS Securities LLC will act as joint lead arrangers and joint bookrunners (the &#8220;Third Amendment Arrangers&#8221;) in connection with the Revolving Credit Facility Extension; WHEREAS, each Lender party to this Amendment authorizes and directs the Administrative Agent to enter into this Amendment; NOW, THEREFORE, in consideration of the premises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">-2- Section 1. Amendments. Subject to the satisfaction (or waiver) of the conditions set forth in Section 4 below, on the Revolver Extension and Amendment Date the Credit Agreement shall be amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the pages of the Credit Agreement attached as Exhibit A hereto (the &#8220;Amended Credit Agreement&#8221;) (such amendments to the Credit Agreement, the &#8220;Credit Agreement Amendments&#8221;). Section 2. Revolving Credit Facility Extension. (a) Subject to the terms and conditions of this Amendment (including, for the avoidance of doubt, the conditions set forth in Section 4 below) and the Credit Agreement, with effect from and including the Revolver Extension and Amendment Date, each Revolving Credit Lender party hereto has agreed to the Revolving Credit Facility Extension and elected to become a holder of an Extended RCF Commitment, which shall have all of the rights and obligations of a &#8220;Lender&#8221; and a &#8220;Revolving Credit Lender&#8221; under the Credit Agreement and the other Loan Documents. (b) On the Revolver Extension and Amendment Date, (i) the Borrowers shall (x) terminate the Revolving Credit Commitment of AXA and (y) repay all outstanding Revolving Credit Loans held by AXA and other Obligations of the Borrowers owing to AXA relating to such Revolving Credit Loans and any participations held by AXA as of the Revolver Extension and Amendment Date and (ii) each Revolving Credit Lender party hereto agrees to have its entire Revolving Credit Commitment in the aggregate principal amount outstanding immediately prior to the Revolver Extension and Amendment Date (the &#8220;Existing RCF