EX-99.1 2 exh_991.htm EXHIBIT 99.1 exh_991.htm
Exhibit 99.1
 
THIRD AMENDMENT TO AGREEMENT
 
Reference is made to the Sixth Amended and Restated Credit Agreement dated as of March 1, 2012 by and among, amongst others, FirstService Corporation, as Canadian Borrower (the Canadian Borrower), FirstService (USA), Inc. (together with the Canadian Borrower, the Borrowers) and FirstService Delaware, LP, as U.S. Borrowers, the Wholly-Owned Subsidiaries named on the execution pages thereof, as Unlimited Guarantors, the banks named on the execution pages thereof, as Lenders (the Lenders), TD Securities, as Lead Arranger and Bookrunner, The Toronto-Dominion Bank, as Collateral Agent (the Collateral Agent) and Canadian Administration Agent and Toronto Dominion (Texas) LLC, as U.S. Administration Agent (collectively with the Collateral Agent, the Agents), as amended by the First Amendment to Agreement dated as of January 16, 2013, and by the Second Amendment to Agreement dated as of May 22, 2014 and as the same may be further amended, supplemented, revised, restated or replaced from time to time, (the Agreement).
 
THIS THIRD AMENDMENT TO AGREEMENT (the Amendment) is executed as of the 2nd day of April, 2015 (the Amendment Date), by the Borrowers, the Guarantors (as defined in the Agreement), the Lenders and the Agents;
 
WHEREAS the Borrowers have requested the Canadian Administration Agent to increase the Revolving Facilities, in an aggregate principal amount of U.S.$575,000,000;
 
AND WHEREAS the Lenders have agreed to such increase of the Revolving Facilities, subject to the provisions and delivery of this Third Amendment;
 
AND WHEREAS the Borrowers have requested the Collateral Agent, and the Collateral Agent has agreed, subject to the consent of the Lenders, to amend certain provisions of the Agreement, but only to the extent and subject to the limitations set forth herein;
 
NOW THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties hereby agree as follows:
 
Capitalized terms referred to and not defined herein shall have the meanings ascribed thereto in the Agreement.
 
1  
Amendment
 
Effective as of the Amendment Date,
 
 
(a)
Section 1.1 of the Agreement is hereby amended as follows:
 
 
(i)
By deleting the definition of “Canadian Revolving Facility Commitment” in its entirety and replacing it with the following:
 
““Canadian Revolving Facility Commitment” means the Commitments of the Canadian Lenders to make Advances to the Canadian Borrower up to the Cdn.$ Equivalent Amount of U.S.$465,000,000; provided that the aggregate outstanding Borrowings under the Canadian Facilities shall not exceed the Total Canadian Commitments at any time.”;
 
 
(ii)
By deleting the definition of “Total Canadian Commitments” in its entirety and replacing it with the following:
 
““Total Canadian Commitments” means the Equivalent Amount of U.S.$465,000,000 and includes the Canadian Revolving Facility Commitment, and the Canadian Swingline Commitment and the HSBC Sponsor Commitment which may be increased or decreased as the result of a reallocation made in accordance with Section 6.6.”; and
 
 
1

 
 
(iii)  
By deleting the definition of “Total Commitments” in its entirety and replacing it with the following:
 
““Total Commitments” means the aggregate for all Facilities from time to time of the Lenders’ Commitments from time to time to a maximum aggregate amount of U.S.$575,000,000.”.
 
 
(b)  
Schedule “L” to the Agreement is hereby amended by deleting same in its entirety and substituting, therefor, Schedule “L” annexed as Exhibit “A” to this Amendment.
 
2  
Libor Loans and Bankers’ Acceptances
 
It is acknowledged and agreed that:
 
 
(a)  
Subject to Section 2(b) of this Amendment, no adjustments will be made to Advances by way of Libor Loans or Bankers' Acceptances that are outstanding as of the date of this Amendment to reflect the revised Commitments of the Lenders that result from this Amendment; and
 
 
(b)  
If and to the extent that any Advance by way of a Libor Loan or a Bankers' Acceptance that is outstanding as of the date of this Amendment is subsequently rolled over as a new Advance by way of a Libor Loan or a Bankers' Acceptance or converted to another form of Advance, each applicable Lender shall fund such new Libor Loan or Bankers' Acceptances or other form of Advance, as applicable, based on such Lender’s revised Commitment percentage that results from this Amendment.
 
3  
Reaffirmation of Obligations
 
Each of the Borrowers and each of the Guarantors:
 
 
(a)  
reaffirms its obligations under the Agreement; and
 
 
(b)  
confirms that its obligations remain in full force and effect with respect to the Agreement,
 
in each case as of the Amendment Date.
 
4  
Reaffirmation of Representations and Warranties
 
Each of the Borrowers and each of the Guarantors hereby represent and warrant that as of the date of the execution of this Amendment:
 
 
(a)  
there exists no Default or Event of Default under the Agreement; and
 
 
(b)  
its representations and warranties contained in Article VIII of the Agreement are true and correct as of such dates, except to the extent any such representation or warranty is stated to relate solely to an earlier date, in which case such representation or warranty shall be true and correct on and as of such earlier date.
 
5  
No Other Amendment
 
Except to the limited extent set forth herein:
 
 
(a)  
no additional amendment of any other term, condition, covenant, agreement or any other aspect of the Agreement is intended or implied; and
 
 
2

 
 
(b)  
except for the specific period of time and circumstances covered by this agreement, no other aspect of the covenants referred to herein is amended, including without limitation for any other period or circumstance, and no such amendment is intended or implied.
 
This Amendment is therefore limited exclusively to the specific purposes and time period for which it is given.
 
6  
Conditions to Effectiveness
 
This Amendment shall become effective upon:
 
 
(a)  
delivery to the Collateral Agent of a fully executed copy of this Amendment, dated the Amendment Date, as executed by the Borrowers, the Guarantors the Administrative Agents and the Lenders;
 
 
(b)  
the Collateral Agent having received consent from the Lenders and any other consents necessary in connection with this Amendment;
 
 
(c)  
the Collateral Agent having received such other certificates, documentation and opinions as the Collateral Agent may request, acting reasonably; and
 
 
(d)  
the Collateral Agent being satisfied that all representations and warranties contained in Article VIII of the Agreement shall remain true and accurate following the Amendment.
 
7  
Guarantors’ Acknowledgement
 
The Guarantors (a) consent to and approve the execution and delivery of this Amendment by the parties hereto, (b) agree that this Amendment does not and shall not limit or diminish in any manner the obligations of the Guarantors under the guarantees pursuant to the Agreement (the Guarantees) and under the Agreement as amended hereunder, and that such obligations would not be limited or diminished in any manner even if the Guarantors had not executed this Amendment, (c) agree that this Amendment shall not be construed as requiring the consent of the Guarantors in any other circumstance, (d) reaffirm their obligations, representations and warranties under the Guarantees and under the Agreement, and (e) agree that the Guarantees and the Agreement remain in full force and effect and are hereby ratified, continued and confirmed.
 
8  
Security
 
By signing this Amendment, the Borrowers and Guarantors confirm that all security delivered to or for the benefit of the Collateral Agent on behalf of the Lenders pursuant to the Agreement remains in full force and secures all indebtedness, liabilities and obligations of the Borrowers and Guarantors under the Agreement.
 
9  
No Novation
 
This Amendment will not discharge or constitute novation of any debt, obligation, covenant or agreement contained in the Agreement or any of the documents or security delivered pursuant thereto but same shall remain in full force and effect save to the extent same are amended by the provisions of this Amendment.
 
10  
Expenses
 
All reasonable expenses of the Collateral Agent in connection with this Amendment and the related documentation, including all reasonable legal fees and disbursements incurred by the Collateral Agent, shall be for the account of the Borrowers.
 
11  
Benefit of Agreement
 
This Amendment enures to the benefit of and binds the parties and their respective successors and permitted assigns.
 
 
3

 
12  
Further Assurances
 
Each party shall from time to time promptly execute and deliver all further documents and take all further action necessary to give effect to the provisions and intent of this Amendment.
 
13  
Counterparts
 
This Amendment may be executed in one or more counterparts, including by way of facsimile, or electronically, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.
 
14  
Governing Law
 
This Amendment shall be interpreted and the rights and liabilities of the parties hereto shall be determined in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein.
 
[Signature pages commence on the following page.]
 
 
 
 
4

 
[NTD:  Foglers and NRFC to confirm current list of Guarantors.]
 
IN WITNESS WHEREOF, the parties hereto have caused this Third Amendment to Agreement to be executed as of the date first above written.
 
FIRSTSERVICE CORPORATION, as Canadian Borrower
 
FIRSTSERVICE (USA), INC., as a U.S. Borrower
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Senior Vice President and Chief Financial Officer
    Title:
Secretary
 
               
       
I have the authority to bind the Corporation
               
               
BRANDPOINT SERVICES, INC., as an Unlimited Guarantor
 
FIRSTSERVICE RESIDENTIAL BC LTD., as an Unlimited Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Authorized Signor
    Title:
Authorized Signor
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation
               
               
FIRSTSERVICE RESIDENTIAL ALBERTA LTD., as an Unlimited Guarantor
 
FIRSTSERVICE RESIDENTIAL MANAGEMENT CANADA INC., as an Unlimited Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Authorized Signor
    Title:
Director & Assistant Secretary
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation
 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
 

FFI PREMIUMS, INC., as Guarantor
 
FIRSTSERVICE CAM HOLDINGS, INC., as Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Authorized Signor
    Title:
Secretary
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation
               
               
FIRSTSERVICE FINANCIAL, INC., as Guarantor
 
SERVICE AMERICA ENTERPRISE, INC., as Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Authorized Signor
    Title:
Authorized Signor
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation
               
               
FS PROPERTY SERVICES (U.S.) LLC, as Guarantor
 
FS INSURANCE BROKERS, INC., as Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Treasurer
    Title:
Authorized Signor
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation
       
 
FS INSURANCE BROKERS OF NEW YORK, LLC, as Guarantor
     
               
Per:
/s/ John B. Friedrichsen
       
  Name:
John B. Friedrichsen
         
  Title:
Authorized Signor
         
               
I have the authority to bind the Corporation
   
 

Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
 
CERTA PRO PAINTERS LTD., as an Unlimited Guarantor
 
TELELINK SERVICES INC., as an Unlimited Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Authorized Signor
    Title:
Authorized Signor
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation
               
               
FS BRANDS CANADA, INC., as an Unlimited Guarantor
 
FFI (BC) GENERAL PARTNERSHIP, as an Unlimited Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
Director
    Title:
Authorized Signor
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation
               
               
2437273 ONTARIO INC., as an Unlimited Guarantor
 
PAUL DAVIS RESTORATION INC., as an Unlimited Guarantor
 
               
Per:
/s/ John B. Friedrichsen
 
Per:
/s/ John B. Friedrichsen
 
  Name:
John B. Friedrichsen
    Name:
John B. Friedrichsen
 
  Title:
President
    Title:
Authorized Signor
 
               
I have the authority to bind the Corporation
I have the authority to bind the Corporation


 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
 
 
/s/ Neil Chander  

FIRSTSERVICE INTERNATIONAL HOLDINGS S.à.r.l.
Société à responsabilité limitée
17 Boulevard Prince Henri
L-1724 Luxembourg
Grand Duchy of Luxembourg
Share Capital: USD 40,000
RCS Number: B 170.656
Represented by:
Name: Neil Chander
Title: Manager
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
 
 
 
THE TORONTO-DOMINION BANK, as Collateral Agent
 
               
     
Per:
/s/ Feroz Haq
 
          Name:
Feroz Haq
 
          Title:
Director, Loans Syndications - Agency
               
 
 
 
 
 
 

 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
 
   
THE TORONTO-DOMINION BANK, as Canadian Administration Agent
 
               
     
Per:
/s/ Feroz Haq
 
          Name:
Feroz Haq
 
          Title:
Director, Loans Syndications - Agency
               
 
 
 
 
 
 
 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
 
 
   
TORONTO-DOMINION (TEXAS) LLC, as U.S. Administration Agent
 
               
     
Per:
/s/ Alice Mare
 
          Name:
Alice Mare
 
          Title:
Authorized Signatory
               
 
 
 
 
 
 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

THE TORONTO-DOMINION BANK
 
 
     
Per:
/s/ Tim Thomas
 
          Name:
Tim Thomas, Managing Director
 
         
Tel:
 
          Fax:  
         
Email:
 
         
Address:
 
             
             
             
 
 
 
     
Per:
/s/ Richard Robarts
 
          Name:
Richard Robarts, Vice President
 
         
Tel:
 
          Fax:  
         
Email:
 
         
Address:
 
             
             
             
 

Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

JPMORGAN CHASE BANK, N.A.,
TORONTO BRANCH
 
 
     
Per:
/s/ Jeffrey Coleman
 
          Name:
Jeffrey Coleman
 
         
Tel:
416-981-2327  
          Fax: 416-981-9278  
         
Email:
Jeffrey.s.coleman@jpmorgan.com  
         
Address:
Royal Bank Plaza, South Tower  
            200 Bay Street, Suite 1800  
            Toronto, ON M5J 2J2  
             
             
             

 
 
 
 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

BANK OF MONTREAL

 
     
Per:
/s/ Sean P. Gallaway
 
          Name:
Sean P. Gallaway, Vice President
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             

 
 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

HSBC BANK CANADA
 
 
     
Per:
/s/ Jesse MacMasters
 
          Name:
Jesse MacMasters, Head of Large Corporate - Ontario
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               

 
     
Per:
/s/ David Ahern
 
          Name:
David Ahern, Global Relationship Manager Corporate Banking
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             


 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

THE BANK OF NOVA SCOTIA

 
     
Per:
/s/ Steve Holyman
 
          Name:
Steve Holyman, Director
 
         
Tel:
416-866-6418  
          Fax: 416-866-2010  
         
Email:
steve.holyman@yahoo.ca  
         
Address:
40 King St. W, 62nd Floor  
            Toronto, ON, Canada  
            M5W 2X6  
             
             
             
 

 
     
Per:
/s/ Katherine Hogg
 
          Name:
Katherine Hogg, Associate Director
 
         
Tel:
416-607-0004  
          Fax: 416-866-2010  
         
Email:
Katherine.hogg@scotiabank.com  
         
Address:
40 King St. W, 62nd Floor  
            Toronto, ON, Canada  
            M5W 2X6  
             
             
             

 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

BANK OF AMERICA, N.A.,
CANADA BRANCH

 
     
Per:
/s/ Jason Hoogenboom
 
          Name:
Jason Hoogenboom
 
         
Tel:
416-369-3972  
          Fax: 416-369-8148  
         
Email:
Jason.hoogenboom@baml.com  
         
Address:
181 Bay Street  
            Toronto, ON, M5J 2V8  
            Canada  
             
             
             



 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

CANADIAN IMPERIAL
BANK OF COMMERCE

 
     
Per:
/s/ Jordan Spellman
 
          Name:
Jordan Spellman, Executive Director
 
         
Tel:
   
          Fax:    
         
Address:
   
               
               
             
             

 
     
Per:
/s/ Steve Nishimura
 
          Name:
Steve Nishimura, Managing Director
 
         
Tel:
   
          Fax:    
         
Address:
   
               
               
             
             
             

 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

NATIONAL BANK OF CANADA

 
     
Per:
/s/ Richard Lo
 
          Name:
Richard Lo, Director
 
         
Tel:
416-507-9200  
          Fax: 416-869-6545  
         
Email:
Richard.lo@nbc.ca  
         
Address:
130 King Street West, 32nd Floor, Toronto M5X 1J9  
             
             
             

 
     
Per:
/s/ David Torrey
 
          Name:
David Torrey, Managing Director
 
         
Tel:
416-869-6550  
          Fax: 416-869-6545  
         
Email:
david.torrey@nbc.ca  
         
Address:
130 King Street West, 32nd Floor, Toronto M5X 1J9  
             
             
             

 

 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

U.S. BANK NATIONAL ASSOCIATION
CANADA BRANCH

 
     
Per:
/s/ John Rehob
 
          Name:
John Rehob, Principal Officer
 
         
Tel:
416-306-3507  
          Fax: 416-306-3545  
         
Email:
john.rehob@usbank.com  
         
Address:
   
               
               
             
             
             



 

Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
CANADIAN LENDER

ROYAL BANK OF CANADA
 
 
     
Per:
/s/ Hogan Mak
 
          Name:
Hogan Mak, Director
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             



 

Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
 CANADIAN LENDER

BANKUNITED N.A.

 
     
Per:
/s/ Charles J. Klenk
 
          Name:
Charles J. Klenk
 
         
Tel:
305-698-4113  
          Fax:    
         
Email:
cklenk@bankunited.com  
         
Address:
7765 NW 148th St., Miami Lakes, FL 33016  
               
               
             
             
             




 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

TORONTO DOMINION
(TEXAS) LLC

 
     
Per:
/s/ Alice Mare
 
          Name:
Alice Mare, Authorized Signatory
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             



Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

JPMORGAN CHASE BANK, N.A.

 
     
Per:
/s/ Jeffrey Coleman
 
          Name:
Jeffrey Coleman
 
         
Tel:
416-981-2327  
          Fax: 416-981-9278  
         
Email:
Jeffrey.s.coleman@jpmorgan.com  
         
Address:
Royal Bank Plaza, South Tower  
            200 Bay Street, Suite 1800  
            Toronto, ON M5J 2J2  
             
             
             




Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

BANK OF MONTREAL
CHICAGO BRANCH
 

     
Per:
/s/ Yacouba Kane
 
          Name:
Yacouba Kane, Vice President
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             




Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

HSBC BANK CANADA

 
     
Per:
/s/ Jesse MacMasters
 
          Name:
Jesse MacMasters, Head of Large Corporate- Ontario
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             


     
Per:
/s/ David Ahern
 
          Name:
David Ahern, Global Relationship Manager Corporate Banking
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             

 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

THE BANK OF NOVA SCOTIA
 
 
     
Per:
/s/ Steve Holyman
 
          Name:
Steve Holyman, Director
 
         
Tel:
416-866-6418  
          Fax: 416-866-2010  
         
Email:
steve.holyman@scotiabank.com  
         
Address:
40 King St. W., 62nd Floor  
            Toronto, ON, Canada  
            M5W 2X6  
             
 
 
     
Per:
/s/ Katherine Hogg
 
          Name:
Katherine Hogg, Associate Director
 
         
Tel:
416-607-0004  
          Fax: 416-866-2010  
         
Email:
Katherine.hogg@scotiabank.com  
         
Address:
40 King St. W., 62nd Floor  
            Toronto, ON, Canada  
            M5W 2X6  
             
             
             
 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

BANK OF AMERICA, N.A.
[CANADA BRANCH]
 
 
     
Per:
/s/ Jason Hoogenboom
 
          Name:
 Jason Hoogenboom
 
         
Tel:
416-369-3972  
          Fax: 416-369-8148  
         
Email:
Jason.hoogenboom@baml.com  
         
Address:
181 Bay Street  
            Toronto, ON, M5J 2V8  
            Canada  
             
             
             

 
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

CANADIAN IMPERIAL BANK OF
COMMERCE, NEW YORK BRANCH
 

     
Per:
/s/ Robert Robin
 
          Name:
Robert Robin
 
         
Tel:
212-856-4133  
          Fax: 212-856-3909  
         
Address:
425 Lexington Ave, 4th Floor  
            NY, NY 10017  
             
             

     
Per:
/s/ Rhema Asaam
 
          Name:
Rhema Asaam
 
         
Tel:
212-856-3693  
          Fax: 212-856-3911  
         
Address:
425 Lexington Ave, 4th Floor  
            NY, NY 10017  
             
             
             
 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

NATIONAL BANK OF CANADA
 
 
     
Per:
/s/ Richard Lo
 
          Name:
Richard Lo, Director
 
         
Tel:
416-507-9200  
          Fax: 416-869-6545  
         
Email:
Richard.lo@nbc.ca  
         
Address:
130 King Street West, 32nd Floor, Toronto M5X 1J9  
               
               
             


     
Per:
/s/ David Torrey
 
          Name:
David Torrey, Managing Director
 
         
Tel:
416-869-6550  
          Fax: 416-869-6545  
         
Email:
david.torrey@nbc.ca  
         
Address:
130 King Street West, 32nd Floor, Toronto M5X 1J9  
               
               
             
             
             


 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

U.S. BANK N.A.
 

     
Per:
/s/ James F. Cooper
 
          Name:
James F. Cooper (SVP)
 
         
Tel:
310-965-1505  
          Fax: 310-538-1036  
         
Email:
james.cooper@usbank.com  
         
Address:
970 W. 190th St.  
            Suite 222  
            Torrance, CA 90502  
             
             
             



Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

ROYAL BANK OF CANADA                                                      
 

     
Per:
/s/ Hogan Mak
 
          Name:
Hogan Mak, Director
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             


 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
U.S. LENDER

BANKUNITED N.A.
 

     
Per:
/s/ Charles J. Klenk
 
          Name:
Charles J. Klenk
 
         
Tel:
305-698-4113  
          Fax:    
         
Email:
cklenk@bankunited.com  
         
Address:
7765 NW 148th Street, Miami Lakes, FL 33016  
               
               
             
             
             



 
 

 

Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
EFFECTIVE DATE ISSUING BANK (CANADA AND U.S.)

 
     
THE TORONTO-DOMINION BANK
 
           
     
Per:
/s/ Tim Thomas
 
          Name:
Tim Thomas, Managing Director
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               

 
     
Per:
/s/ Richard Robarts
 
          Name:
Richard Robarts, Vice President
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             



Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
EFFECTIVE DATE ISSUING BANK (U.S.)
 
 
     
JPMORGAN CHASE BANK, N.A.
 
           
     
Per:
/s/ Jeffrey Coleman
 
          Name:
Jeffrey Coleman
 
         
Tel:
416-981-2327  
          Fax: 416-981-9278  
         
Email:
Jeffrey.s.coleman@jpmorgan.com  
         
Address:
Royal Bank Plaza, South Tower  
            200 Bay Street, Suite 1800  
            Toronto, ON M5J 2J2  
             
             
             



 

 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
EFFECTIVE DATE ISSUING BANK (U.S.)
 

     
THE TORONTO-DOMINION BANK, NEW YORK BRANCH
 
           
     
Per:
/s/ Robyn Zeller
 
          Name:
Robyn Zeller, Senior Vice President
 
         
Tel:
   
          Fax:    
         
Email:
   
         
Address:
   
               
               
             
             
             




 
 

 

 
Signature Page to Third Amendment to Sixth Amended and Restated Credit Agreement
 
 

 
EXHIBIT “A”
 

 
Please see attached
 
 
 
 
 
 
 
 
 

 
SCHEDULE "L" TO THE SIXTH AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF MARCH 1, 2012 BY AND AMONG, AMONGST OTHERS, FIRSTSERVICE CORPORATION, AS CANADIAN BORROWER, FIRSTSERVICE (USA), INC. AND FIRSTSERVICE DELAWARE, LP, AS U.S. BORROWERS, THE WHOLLY-OWNED SUBSIDIARIES NAMED ON THE EXECUTION PAGES THEREOF, AS UNLIMITED GUARANTORS, THE BANKS NAMED ON THE EXECUTION PAGES THEREOF, AS LENDERS, TD SECURITIES, AS SOLE LEAD ARRANGER AND SOLE BOOKRUNNER, THE TORONTO-DOMINION BANK, AS COLLATERAL AGENT, THE TORONTO-DOMINION BANK, AS CANADIAN ADMINISTRATION AGENT AND TORONTO DOMINION (TEXAS), LLC, AS U.S. ADMINISTRATION AGENT.
 
COMMITMENTS
 
FirstService Corporation
Commitments
 
 
Canadian Facilities
U.S. Facilities
   
Lenders
Canadian Sponsor Commitment
Canadian Swingline Commitment
Canadian Revolving Facility Commitment
Total Canadian Commitment
%
U.S. Swingline
Commitment
U.S. Revolving Facility Commitment
Total U.S. Commitment
%
Total Commitments
Total %
The Toronto-Dominion Bank
 
$10,000,000
$124,150,000
$134,150,000
28.8495%
       
$134,150,000
23.3303%
Toronto Dominion (Texas) LLC
           
$5,850,000
$5,850,000
5.3182%
$5,850,000
1.0174%
JPMorgan Chase Bank, N.A., Toronto Branch
   
$32,500,000
$32,500,000
6.9893%
       
$32,500,000
5.6522%
JPMorgan Chase Bank, N.A.
         
$20,000,000
 
$20,000,000
18.1818%
$20,000,000
3.4783%
Bank of Montreal
   
$39,000,000
$39,000,000
8.3871%
       
$39,000,000
6.7826%
Bank of Montreal, Chicago Branch
           
$11,000,000
$11,000,000
10.0000%
$11,000,000
1.9130%
HSBC Bank Canada
$7,500,000
 
$31,500,000
$39,000,000
8.3871%
       
$39,000,000
6.7826%
HSBC Bank Canada
           
$11,000,000
$11,000,000
10.0000%
$11,000,000
1.9130%
The Bank of Nova Scotia
   
$39,000,000
$39,000,000
8.3871%
       
$39,000,000
6.7826%
The Bank of Nova Scotia
           
$11,000,000
$11,000,000
10.0000%
$11,000,000
1.9130%
Bank of America, N.A., Canada Branch
   
$35,100,000
$35,100,000
7.5484%
       
$35,100,000
6.1043%
Bank of America, N.A., Canada Branch
           
$9,900,000
$9,900,000
9.0000%
$9,900,000
1.7217%
 
 
 
 

 
-2-
 
 
 
 
Canadian Facilities
U.S. Facilities
   
 
Canadian Sponsor Commitment
Canadian Swingline Commitment
Canadian Revolving Facility Commitment
Total Canadian Commitment
%
U.S. Swingline
Commitment
U.S. Revolving Facility Commitment
Total U.S.
Commitment
%
Total Commitments
Total %
Canadian Imperial Bank of Commerce
   
$33,150,000
$33,150,000
7.1290%
       
$33,150,000
5.7652%
Canadian Imperial Bank of Commerce, New York Branch
           
$9,350,000
$9,350,000
8.5000%
$9,350,000
1.6261%
National Bank of Canada
   
$33,150,000
$33,150,000
7.1290%
       
$33,150,000
5.7652%
National Bank of Canada
           
$9,350,000
$9,350,000
8.5000%
$9,350,000
1.6261%
U.S. Bank National Association Canada Branch
   
$33,150,000
$33,150,000
7.1290%
       
$33,150,000
5.7652%
U.S. Bank N.A.
           
$9,350,000
$9,350,000
8.5000%
$9,350,000
1.6261%
Royal Bank of Canada
   
$31,200,000
$31,200,000
6.7097%
       
$31,200,000
5.4261%
Royal Bank of Canada
           
$8,800,000
$8,800,000
8.0000%
$8,800,000
1.5303%
BankUnited N.A.
   
$15,600,000
$15,600,000
3.3548%
       
$15,600,000
2.7130%
BankUnited N.A.
           
$4,400,000
$4,400,000
4.0000%
$4,400,000
0.7652%
 
$7,500,000
$10,000,000
$447,500,000
$465,000,000
100.00%
$20,000,000
$90,000,000
$110,000,000
100.00%
$575,000,000
100.00%