EX-10 3 mv3-15rca_a1.txt 10.2 Exhibit 10.2 AMENDMENT NO. 1 TO THE REVOLVING CREDIT AGREEMENT Dated as of March 12, 2007 AMENDMENT NO. 1 TO THE REVOLVING CREDIT AGREEMENT (this "Amendment"), among Building Materials Corporation of America, BMCA Acquisition Inc. and BMCA Acquisition Sub Inc. (the "Borrowers"), the banks, financial institutions and other institutional lenders parties as lenders to the Credit Agreement referred to below (collectively, the "Existing Lenders"), the banks, financial institutions and other institutional lenders which will become parties to such Credit Agreement and are parties to this Amendment (the "Additional Lenders") and Deutsche Bank AG New York Branch, as administrative agent (the "Administrative Agent") for the Lenders. PRELIMINARY STATEMENTS: (1) The Borrowers, the Existing Lenders and the Administrative Agent have entered into a Revolving Credit Agreement dated as of February 22, 2007 (the "Credit Agreement"). Capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the Credit Agreement. (2) The Borrowers, the Existing Lenders and the Administrative Agent have agreed to amend the Credit Agreement as hereinafter set forth and the Additional Lenders have agreed to become Lenders under the Credit Agreement. SECTION 1. Amendments to Credit Agreement. The Credit Agreement is, effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows: (a) Clause (b) of Preliminary Statement (1) is amended in its entirety to read as follows: "(b) entering into a $325,000,000 Bridge Loan Agreement with Deutsche Bank AG Cayman Islands Branch, as collateral agent and as administrative agent, and the other financial institutions party thereto (such Bridge Loan Agreement, as amended, restated, supplemented or otherwise modified, replaced or refinanced, including an amendment and restatement thereof by the Junior Lien Term Loan Agreement, entered into on or about March 14, 2007, with Deutsche Bank AG New York Branch, as collateral agent and as administrative agent, the `Bridge Loan Facility')." (b) The definition of "Commitment" in Section 1.01 is amended in full to read as follows: "`Commitment' means a Revolving Credit Commitment or a Swing Line Commitment, as the context may require." (c) The definition of "Letter of Credit Commitment" in Section 1.01 is deleted. (d) The definition of "Obligations" in Section 1.01 is amended by deleting the word "and" before "(c)" and replacing it with "," and adding at the end of such definition the following: "and (d) the obligation of any Loan Party in respect of any Secured Hedge Agreement." (e) The term "Option Shares" in Section 1.01 is amended by replacing such term with the term "Option Stock". (f) The definition of "Secured Obligations" in Section 1.01 is amended by deleting the word "Debt" therein and replacing it with the word "Obligations". (g) The definition of "Termination Date" in Section 1.01 is amended by deleting the words ", the Letter of Credit Commitment". (h) Section 2.06(b)(i) is amended by adding before the word "shall" therein the following: "or from any Extraordinary Receipts in respect of the Collateral". (i) Section 2.06(b)(ii) is amended by adding after the words "Term Loan Facility" the words "or the Bridge Loan Facility". (j) The first paragraph of Section 2.11(f) is amended by adding after the word "Documents" in the fourth line thereof the following: "(or to cash collateralize any Letter of Credit to the extent required at such time pursuant to the terms hereof)". (k) Section 2.11(f)(viii) is amended in its entirety to read as follows: "(viii) eighth, to the payment of the principal amount of all of the outstanding Advances that is due and payable to the Administrative Agent and the Lender Parties on such date and the cash collateralization of each Letter of Credit outstanding on such date to the extent required to be collateralized at such time pursuant to the terms hereof at 100% of the Available Amount thereof, ratably based upon the respective aggregate amounts of all such principal owing to the Administrative Agent and the Lender Parties on such date and the Available Amount of all outstanding Letters of Credit on such date;" (l) Section 5.02(f)(v) is amended by deleting the words "Schedule 4.01(s)" therein and replacing them with the words "Schedule 4.01(r)". (m) Section 5.02(f)(vii)(C) is amended by deleting the word "contingent" in such Section. (n) Section 5.02(j)(vi) is amended by adding at the end thereof the following: ", provided, however, that repayment of Debt to G-1 Holdings or BMCA Holdings Corporation is subject to the provisions of clause (vii)(A) below.". 2 (o) Section 6.01 is amended by deleting the word "BMCA" the first time it appears in the last proviso in such Section and replacing it with the following: "any Borrower". (p) Section 7.05(a) is amended by adding at the end of the first parenthetical therein the following: "and without limiting the Borrowers' obligation to do so to the extent required pursuant to Section 8.04". (q) Section 8.01(a) is amended by adding the words "the Intercreditor Agreement" after the word "Guaranty" in the second parenthetical in such Section. (r) Section 8.01(a)(ii) is amended by adding at the beginning of such Section the following: "amend the definitions of `Required Lenders', `Super Majority Lenders' or `Pro Rata Share', amend the second sentence in Section 2.11(a) or". (s) Section 8.01(a)(iv) is amended by adding after the word "transactions" therein the following: "or modify the priority of the rights of any Lender Party or any Agent in the Collateral as provided in the Intercreditor Agreement". (t) Section 8.01(a)(viii) is amended by adding after the word "hereunder" therein the following: "or modify the definition of `Termination Date' to extend the period in which the Commitments of the Lenders are available hereunder". (u) Section 8.01(b) is amended by adding after the word "may" in the seventh line thereof the following: ", with the Borrowers responsible for the payment of any assignment fee,". (v) Section 8.07(g) is amended by deleting the words "the undrawn portion of its Letter of Credit Commitment" and replacing them with the words "this Agreement". (w) Section 8.10 is amended to add at the end thereof the following: "and to any SPC, any trustee thereof and its legal and financial advisors, and then only on a confidential basis". (x) Schedule I to the Credit Agreement is replaced in its entirety by Annex A attached hereto. (y) Schedule 4.01(r) is replaced in its entirety by Annex B attached hereto. (z) The Credit Agreement is amended to add the Additional Lenders as Lenders thereunder. SECTION 2. Conditions of Effectiveness. This Amendment shall become effective as of the date first above written when, and only when, the Administrative Agent shall have received counterparts of this Amendment executed by the Borrowers, the Existing Lenders and the Additional Lenders or, as to any of the Existing Lenders or Additional Lenders, advice satisfactory to the Administrative Agent that it has executed this Amendment and the consent attached hereto executed by each Guarantor. 3 SECTION 3. Additional Lenders, Prepayment and Borrowing. The Revolving Credit Commitment of each Lender, after giving effect to this Amendment, is as set forth on Annex A hereto. Solely to facilitate the Additional Lenders becoming parties to the Credit Agreement and the reallocation of outstanding Advances and participations in Letters of Credit among the Lenders to reflect their Pro Rata Share of the Commitments, on the date this Amendment becomes effective or as soon thereafter as determined by the Administrative Agent and the Borrowers and notified to the Lenders, and notwithstanding anything to the contrary in the Credit Agreement, including without limitation Section 3.02 thereof, the Borrowers will obtain Revolving Credit Advances from the Lenders ratably according to their respective Revolving Credit Commitments and in an aggregate amount equal to the aggregate outstanding amount of Revolving Credit Advances, and the Administrative Agent, on behalf of the Borrowers, shall apply the proceeds of such Revolving Credit Advances made by the Lenders to prepay the aggregate amount of Revolving Credit Advances of each Existing Lender outstanding prior thereto. SECTION 4. Representations and Warranties of the Borrowers. Each Borrower represents and warrants that this Amendment has been duly executed and delivered by such Borrower, and this Amendment and the Credit Agreement, as amended hereby, are legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and by general equitable principles. SECTION 5. Reference to and Effect on the Credit Agreement and the Loan Documents. (a) On and after the effectiveness of this Amendment, each reference in the Credit Agreement to "this Agreement", "hereunder", "hereof" or words of like import referring to the Credit Agreement, and each reference in the Notes and each of the other Loan Documents to "the Credit Agreement", "thereunder", "thereof" or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment. (b) The Credit Agreement, as amended by this Amendment, and each of the other Loan Documents are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed. (c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Agent under the Credit Agreement, nor constitute a waiver of any provision of the Credit Agreement. SECTION 6. Costs, Expenses. The Borrowers agree, jointly and severally, to pay on demand all costs and expenses of the Administrative Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment and the other instruments and documents to be delivered hereunder (including, without limitation, the reasonable and documented fees and expenses of counsel for the Administrative Agent) in accordance with the terms of Section 8.04 of the Credit Agreement. 4 SECTION 7. Execution in Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement. Delivery of an executed counterpart of a signature page to this Amendment or the consent attached hereto by telecopier or electronic mail shall be effective as delivery of a manually executed counterpart of this Amendment or such consent. SECTION 8. Governing Law. This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York. 5 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first above written. BUILDING MATERIALS CORPORATION OF AMERICA BMCA ACQUISITION INC. BMCA ACQUISITION SUB INC. By /s/ John M. Maitner ------------------------------------------- Name: John M. Maitner Title: Vice President & Treasurer Signature Page to Amendment No. 1 Revolving Credit Agreement DEUTSCHE BANK AG NEW YORK BRANCH, as Administrative Agent and as Lender By /s/ Marguerite Sutton ------------------------------------------- Name: Marguerite Sutton Title: Director By /s/ Paul O'Leary ------------------------------------------- Name: Paul O'Leary Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement JPMORGAN CHASE BANK, N.A., as Lender By /s/ John M. Hariaczyi ------------------------------------------- Name: John M. Hariaczyi Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement THE CIT GROUP/BUSINESS CREDIT, INC., as Lender By /s/ Evelyn Kusold ------------------------------------------- Name: Evelyn Kusold Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement CITICORP USA, INC., as Lender By /s/ Jeffrey Nitz ------------------------------------------- Name: Jeffrey Nitz Title: Director Signature Page to Amendment No. 1 Revolving Credit Agreement GENERAL ELECTRIC CAPITAL CORPORATION, as Lender By /s/ Mark Dowling ------------------------------------------- Name: Mark Dowling Title: Duly Authorized Signatory Signature Page to Amendment No. 1 Revolving Credit Agreement IXIS FINANCIAL PRODUCTS INC., as Lender By /s/ Neal A. Sobal ------------------------------------------- Name: Neal A. Sobal Title: Managing Director By /s/ Christopher Hayden ------------------------------------------- Name: Christopher Hayden Title: Managing Director Signature Page to Amendment No. 1 Revolving Credit Agreement WACHOVIA BANK, NATIONAL ASSOCIATION., as Lender By /s/ Alex Lurye ------------------------------------------- Name: Alex Lurye Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement BANK OF AMERICA, N.A., as Additional Lender By /s/ Robert Scalzitti ------------------------------------------- Name: Robert Scalzitti Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement NATIONAL CITY BUSINESS CREDIT, INC., as Additional Lender By /s/ Jason Hanes ------------------------------------------- Name: Jason Hanes Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement UPS CAPITAL CORPORATION, as Additional Lender By /s/ John P. Halloway ------------------------------------------- Name: John P. Halloway Title: Director of Portfolio Management Signature Page to Amendment No. 1 Revolving Credit Agreement WELLS FARGO FOOTHILL, LLC, as Additional Lender By /s/ Juan Barrera ------------------------------------------- Name: Juan Barrera Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement ALLIED IRISH BANKS, p.l.c., as Additional Lender By /s/ Martin Chin ------------------------------------------- Name: Martin Chin Title: Senior Vice President By /s/ Eanna P. Mulkere ------------------------------------------- Name: Eanna P. Mulkere Title: Assistant Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement BAYERISCHE LANDESBANK - NEW YORK BRANCH, as Additional Lender By /s/ Edward J. Cripps ------------------------------------------- Name: Edward J. Cripps Title: Vice President By /s/ Georgina Fiordalisi ------------------------------------------- Name: Georgina Fiordalisi Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement BURDALE FINANCIAL LIMITED, as Additional Lender By /s/ N.B. Hegg ------------------------------------------- Name: N.B. Hegg Title: Director By /s/ S.T. Wait ------------------------------------------- Name: S.T. Wait Title: Director Signature Page to Amendment No. 1 Revolving Credit Agreement GMAC COMMERCIAL FINANCE LLC, as Additional Lender By /s/ Robert J. Bradow ------------------------------------------- Name: Robert J. Bradow Title: Director Signature Page to Amendment No. 1 Revolving Credit Agreement MERRILL LYNCH CAPITAL, A DIVISION OF MERRILL LYNCH BUSINESS FINANCIAL SERVICES INC., as Additional Lender By /s/ Richard Holston ------------------------------------------- Name: Richard Holston Title: Vice President Signature Page to Amendment No. 1 Revolving Credit Agreement UBS LOAN FINANCE LLC, as Additional Lender By /s/ Richard L. Tavrow ------------------------------------------- Name: Richard L. Tavrow Title: Director, Banking Products Services, US By /s/ Irja R. Olsa ------------------------------------------- Name: Irja R. Olsa Title: Associate Director, Banking Products Services, US Signature Page to Amendment No. 1 Revolving Credit Agreement CONSENT Dated as of March 12, 2007 Each of the undersigned, as a Guarantor under the Guaranty dated February 22, 2007 (the "Guaranty") and as a Grantor under the Security Agreement dated February 22, 2007 (the "Security Agreement"), in each case in favor of the Administrative Agent and for its benefit and the benefit of the Secured Parties (as defined in the Credit Agreement referred to in the foregoing Amendment), hereby consents to such Amendment and hereby confirms and agrees that (a) notwithstanding the effectiveness of such Amendment, the Guaranty, the Security Agreement and the other Collateral Documents (as defined in such Credit Agreement) to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, except that, on and after the effectiveness of such Amendment, each reference in the Guaranty, the Security Agreement and such other Collateral Documents to the "Credit Agreement", "thereunder", "thereof" or words of like import shall mean and be a reference to the Credit Agreement, as amended by such Amendment, and (b) the Collateral Documents to which such Guarantor is a party and all of the Collateral described therein do, and shall continue to, secure the payment of all of the Secured Obligations (in each case, as defined therein). BUILDING MATERIALS CORPORATION OF AMERICA BMCA ACQUISITION INC. BMCA ACQUISITION SUB INC BMCA FRESNO LLC BMCA FRESNO II LLC BMCA GAINESVILLE LLC BMCA INSULATION PRODUCTS INC. BMCA QUAKERTOWN INC. BUILDING MATERIALS INVESTMENT CORPORATION BUILDING MATERIALS MANUFACTURING CORPORATION DUCTWORK MANUFACTURING CORPORATION GAF LEATHERBACK CORP. GAF MATERIALS CORPORATION (CANADA) GAF PREMIUM PRODUCTS INC. GAF REAL PROPERTIES, INC. GAFTECH CORPORATION HBP ACQUISITION LLC LL BUILDING PRODUCTS INC. PEQUANNOCK VALLEY CLAIM SERVICE COMPANY, INC. SOUTH PONCA REALTY CORP. WIND GAP REAL PROPERTY ACQUISITION CORP. By /s/ John M. Maitner -------------------------------------------- Name: John M. Maitner Title: Vice President & Treasurer Consent to Amendment No. 1 Revolving Credit Agreement ANNEX A SCHEDULE I COMMITMENTS AND APPLICABLE LENDING OFFICES
---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Deutsche Bank AG New $45,000,000.00 $25,000,000.00 Credit Contact: Credit Contact: York Branch Marguerite Sutton Marguerite Sutton Director Director Deutsche Bank Deutsche Bank 60 Wall Street, MS NYC60-0208 60 Wall Street, MS NYC60-0208 New York, NY 10005 New York, NY 10005 Phone: (212) 250-6150 Phone: (212) 250-6150 Fax: (212) 797-4655 Fax: (212) 797-4655 E-Mail: marguerite.sutton@db.com E-Mail: marguerite.sutton@db.com Operations Contact (including borrowing Operations Contact (including notices): borrowing notices): Sandra Friedman Sandra Friedman Deutsche Bank AG New York Branch Deutsche Bank AG New York Branch 100 Plaza One 100 Plaza One Jersey City, NJ 07311-3901 Jersey City, NJ 07311-3901 Phone: (201) 593-2445 Phone: (201) 593-2445 Fax: : (201) 593-2309 Fax: : (201) 593-2309 E-mail: sandra.friedman@db.com E-mail: sandra.friedman@db.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- JPMorgan Chase Bank, $45,000,000.00 JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. N.A. 120 S. LaSalle Street 120 S. LaSalle Street Chicago, IL 60603-3403 Chicago, IL 60603-3403 Credit Contact: Credit Contact: John Hariaczyi John Hariaczyi Vice President Vice President One Chase Square One Chase Square Tower 25 Tower 25 Rochester, NY 14643 Rochester, NY 14643 Phone: (585) 258-6903 Phone: (585) 258-6903 Fax: (585) 258-7440 Fax: (585) 258-7440 E-mail: john.hariaczyi@jpmorgan.com E-mail: john.hariaczyi@jpmorgan.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 1 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Operations Contact: Operations Contact: Keely Hicks Keely Hicks Part/Synd Specialist Part/Synd Specialist 120 S. LaSalle, 8th Floor 120 S. LaSalle, 8th Floor Chicago, IL 60690 Chicago, IL 60690 Phone: (312) 661-1678 Phone: (312) 661-1678 Fax: (312) 661-1686 Fax: (312) 661-1686 E-mail: keely.hicks@jpmorgan.com E-mail: keely.hicks@jpmorgan.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- The CIT Group/Business $45,000,000.00 The CIT Group/Business Credit, Inc. The CIT Group/Business Credit, Inc. Credit, Inc. 11 West 42nd Street, 13th Floor 11 West 42nd Street, 13th Floor New York, NY 10036 New York, NY 10036 Credit Contact: Credit Contact: Attn: Evelyn Kusold Attn: Evelyn Kusold Phone: (212) 461-7726 Phone: (212) 461-7726 Fax: (212) 461-7762 Fax: (212) 461-7762 E-mail: evelyn.kusold@cit.com E-mail: evelyn.kusold@cit.com Operations Contact: Operations Contact: Attn: Judy Crews Attn: Judy Crews Phone: 434-773-2006 Phone: (434) 773-2006 Fax: 800-394-9508 Fax: (800) 394-9508 E-mail: judy.crews@cit.com E-mail: judy.crews@cit.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Citicorp USA, Inc. $45,000,000.00 Citicorp USA, Inc. Citicorp USA, Inc. 2 Penns Way, 1st Floor 2 Penns Way, 1st Floor New Castle, DE 19720 New Castle, DE 19720 Credit Contact: Credit Contact: Jeffrey Nitz Jeffrey Nitz Phone: (212) 816-7845 Phone: (212) 816-7845 Fax: (212) 816-2613 Fax: (212) 816-2613 E-mail: jeffrey.nitz@citigroup.com E-mail: jeffrey.nitz@citigroup.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 2 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Operations Contact: Operations Contact: Carmen Otero Carmen Otero Phone: (302) 894-6111 Phone: (302) 894-6111 Fax: (212) 994-0849 Fax: (212) 994-0849 E-mail: carmen.otero@citigroup.com E-mail: carmen.otero@citigroup.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- General Electric $45,000,000.00 Credit Contact: Credit Contact: Capital Corporation Mark Dowling Mark Dowling Vice President Vice President Risk Risk GE Commercial Financial Services GE Commercial Financial Services 401 Merritt 7 401 Merritt 7 Norwalk, CT 06851 Norwalk, CT 06851 Phone: 203-229-1486 Phone: 203-229-1486 Fax: 203-229-5643 Fax: 203-229-5643 E-mail: Mark.Dowling@ge.com E-mail: Mark.Dowling@ge.com Operations Contact: Operations Contact: GE Corporate Financial Services GE Corporate Financial Services 201 Merritt 7 201 Merritt 7 Norwalk, CT 06851 Norwalk, CT 06851 Attn: Carol M. Rose Attn: Carol M. Rose Phone: (203) 229-5705 Phone: (203) 229-5705 Fax: (203) 229-5787 Fax: (203) 229-5787 E-mail: Carol.Rose@GE.com E-mail: Carol.Rose@GE.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- IXIS Financial $5,000,000.00 IXIS Financial Products Inc. IXIS Financial Products Inc. Products Inc. 9 W. 57th Street 9 W. 57th Street New York, NY 10019 New York, NY 10019 Credit Contact Credit Contact Matt Burke Matt Burke Vice President Vice President 9 W. 57th Street, 36th Floor 9 W. 57th Street, 36th Floor New York, NY 10019 New York, NY 10019 Phone: (212) 891-1845 Phone: (212) 891-1845 Fax: (212) 891-1806 Fax: (212) 891-1806 E-mail: m.burke@ixiscm.com E-mail: m.burke@ixiscm.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 3 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Operations Contact: Operations Contact: Rachael Van Wyckhouse Rachael Van Wyckhouse Operations Manager Operations Manager Plaza V - 31st Floor Plaza V - 31st Floor Harborside Financial Center Harborside Financial Center Jersey City, NJ 07311 Jersey City, NJ 07311 Phone: (201) 761-6516 Phone: (201) 761-6516 Fax: (201) 761-6986 Fax: (201) 761-6986 E-mail: r.vanwyckhouse@ixiscm.com E-mail: r.vanwyckhouse@ixiscm.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Wachovia Bank, $45,000,000.00 Wachovia Bank, N.A. Wachovia Bank, N.A. National Association 1133 Avenue of the Americas 1133 Avenue of the Americas New York, NY 10036 New York, NY 10036 Credit Contact: Credit Contact: Alex Lurye Alex Lurye Vice President Vice President Phone: (212) 545-4387 Phone: (212) 545-4387 Fax: (212) 545-4283 Fax: (212) 545-4283 E-mail: alex.lurye@wachovia.com E-mail: alex.lurye@wachovia.com Operations Contact: Operations Contact: Adam Becker Adam Becker Collateral Analyst Collateral Analyst Phone: (212) 545-4372 Phone: (212) 545-4372 Fax: (866) 502-2873 Fax: (866) 502-2873 E-mail: adam.becker@wachovia.com E-mail: adam.becker@wachovia.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Bank of America, N.A. $32,500,000.00 Bank of America, N.A. Bank of America, N.A. Credit Contact: Credit Contact: Robert Scalzitti Robert Scalzitti Vice President, Senior Client Manager Vice President, Senior Client Manager 335 Madison Avenue, 6th Floor 335 Madison Avenue, 6th Floor New York, NY 10017 New York, NY 10017 Phone: (212) 503-7837 Phone: (212) 503-7837 Fax: (212) 503-7330 Fax: (212) 503-7330 E-mail: E-mail: robert.m.scalzitti@bankofamerica.com robert.m.scalzitti@bankofamerica.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 4 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Operations Contact: Laura Tracy Operations Contact: Senior Operations Analyst Laura Tracy 20975 Swenson Drive, Suite 200 Senior Operations Analyst Waukesha, WI 53186 20975 Swenson Drive, Suite 200 Phone: (262) 798-4852 Waukesha, WI 53186 Fax: (312) 453-6280 Phone: (262) 798-4852 E-Mail: laura.tracy@bankofamerica.com Fax: (312) 453-6280 E-Mail: laura.tracy@bankofamerica.com Back-Up Operations Contact: Terese Tokarski Back-Up Operations Contact: Operations Analyst Terese Tokarski Phone: (262) 798-4821 Operations Analyst Fax: (312) 453-6581 Phone: (262) 798-4821 E-Mail: Fax: (312) 453-6581 terese.tokarski@bankofamerica.com E-Mail: terese.tokarski@bankofamerica.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- National City $35,000,000.00 National City Business Credit, Inc. National City Business Credit, Inc. Business Credit, Inc. 1965 E. 6th Street, Suite 400 1965 E. 6th Street, Suite 400 Locator #3049 Locator #3049 Cleveland, OH 44114 Cleveland, OH 44114 Credit Contact: Credit Contact: Jason Hanes, Vice President Jason Hanes, Vice President Phone: (216) 222-9508 Phone: (216) 222-9508 Fax: (216) 222-3655 Fax: (216) 222-3655 E-mail: jason.hanes@nationalcity.com E-mail: jason.hanes@nationalcity.com Operations Contact: Operations Contact: David McFarland, Sr. Associate David McFarland, Sr. Associate Phone: (216) 222-5326 Phone: (216) 222-5326 Fax: (216) 222-9555 Fax: (216) 222-9555 E-mail: ncbcoperations@nationalcity.com E-mail: ncbcoperations@nationalcity.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 5 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Operations Contact Backup: Operations Contact Backup: Diana Nowak, VP Diana Nowak, VP Phone: (216) 222-9173 Phone: (216) 222-9173 Fax: (216) 222-9555 Fax: (216) 222-9555 E-mail: ncbcoperations@nationalcity.com E-mail: ncbcoperations@nationalcity.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- UPS Capital $25,000,000.00 UPS Capital Corporation UPS Capital Corporation Corporation 35 Glenlake Parkway 35 Glenlake Parkway Atlanta, GA 30345 Atlanta, GA 30345 Credit Contact: Credit Contact: Courtney Alexander Courtney Alexander Senior Portfolio Manager Senior Portfolio Manager Phone: (404) 828-4856 Phone: (404) 828-4856 Fax: (404) 828-3775 Fax: (404) 828-3775 E-mail: courtneyalexander@ups.com E-mail: courtneyalexander@ups.com Operations Contact: Operations Contact: Stephanie Richardson Stephanie Richardson Collateral Analyst Collateral Analyst Phone: (404) 828-8571 Phone: (404) 828-8571 Fax: (404) 828-3775 Fax: (404) 828-3775 E-mail: sdrichardson@ups.com E-mail: sdrichardson@ups.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Wells Fargo $45,000,000.00 Wells Fargo Foothill, LLC Wells Fargo Foothill, LLC Foothill, LLC 2450 Colorado Avenue 2450 Colorado Avenue Suite 3000 West Suite 3000 West Santa Monica, CA 90404 Santa Monica, CA 90404 Credit Contact: Credit Contact: Jeff Royston Jeff Royston Vice President Vice President Phone: (310) 453-7259 Phone: (310) 453-7259 Fax: (310) 453-7446 Fax: (310) 453-7446 E-Mail: jroyston@wffoothill.com E-Mail: jroyston@wffoothill.com Operations Contact: Operations Contact: Dave Warga Dave Warga Account Analyst Account Analyst Phone: (310) 453-7215 Phone: (310) 453-7215 Fax: (310) 453-7446 Fax: (310) 453-7446 E-Mail: dwarga@wffoothill.com E-Mail: dwarga@wffoothill.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 6 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Allied Irish Banks, $30,000,000.00 Allied Irish Banks, p.l.c. Allied Irish Banks, p.l.c. p.l.c. Bankcentre, Bankcentre, Ballsbridge Ballsbridge Dublin 4 Dublin 4 Ireland Ireland Credit Contact: Credit Contact: Martin Chin Martin Chin Allied Irish Banks, p.l.c. Allied Irish Banks, p.l.c. 601 S. Figueroa Street 601 S. Figueroa Street Suite 4650 Suite 4650 Los Angeles, CA 90017 Los Angeles, CA 90017 Phone: (213) 593-4765 Phone: (213) 593-4765 Fax: (213) 593-4766 Fax: (213) 593-4766 E-Mail: martin.chin@aibla.com E-Mail: martin.chin@aibla.com Backup Credit Contact: Backup Credit Contact: Eanna Mulkere Eanna Mulkere Allied Irish Banks, p.l.c. Allied Irish Banks, p.l.c. 601 S. Figueroa Street 601 S. Figueroa Street Suite 4650 Suite 4650 Los Angeles, CA 90017 Los Angeles, CA 90017 Phone: (213) 593-4766 Phone: (213) 593-4766 Fax: (213) 593-4766 Fax: (213) 593-4766 E-Mail: eanna.p.mulkere@aib.ie E-Mail: eanna.p.mulkere@aib.ie Operations Contact: Operations Contact: Bernice Ruane Bernice Ruane Allied Irish Bank - Corporate Operations Allied Irish Bank - Corporate Operations 2nd Floor, Iona House, Shelbourne Road 2nd Floor, Iona House, Shelbourne Road Ballsbridge Ballsbridge Dublin 4, Ireland Dublin 4, Ireland Phone: +353 1 641 6632 Phone: +353 1 641 6632 Fax: +353 1 641 6668 Fax: +353 1 641 6668 E-Mail: aib.capmkts.ny@aib.ie E-Mail: aib.capmkts.ny@aib.ie ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 7 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Backup Operations Contact: Backup Operations Contact: Eimear O'Meara Eimear O'Meara Allied Irish Bank - Corporate Operations Allied Irish Bank - Corporate Operations 2nd Floor, Iona House, Shelbourne Road 2nd Floor, Iona House, Shelbourne Road Ballsbridge Ballsbridge Dublin 4, Ireland Dublin 4, Ireland Phone: +353 1 641 6636 Phone: +353 1 641 6636 Fax: +353 1 641 6668 Fax: +353 1 641 6668 E-Mail: aib.capmkts.ny@aib.ie E-Mail: aib.capmkts.ny@aib.ie ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Bayerische $20,000,000.00 Bayerische Landesbank - New York Branch Bayerische Landesbank - Landesbank - New York Branch New York Branch 560 Lexington Avenue 560 Lexington Avenue New York, NY 10022 New York, NY 10022 Credit Contact: Credit Contact: Stuart Schulman Stuart Schulman Senior Vice President Senior Vice President Phone: (212) 230-9132 Phone: (212) 230-9132 Fax: (212) 230-9070 Fax: (212) 230-9070 E-mail: sschulman@bayernlbny.com E-mail: sschulman@bayernlbny.com Secondary Credit Contact: Secondary Credit Contact: Georgina Fiordallisi Georgina Fiordallisi Vice President Vice President Phone: (212) 230-9178 Phone: (212) 230-9178 Fax: (212) 230-9070 Fax: (212) 230-9070 E-mail: gfiordalisi@bayernlbny.com E-mail: gfiordalisi@bayernlbny.com Operations Contact: Operations Contact: Carol Dussie Carol Dussie Second Vice President Second Vice President Phone: (212) 310-9846 Phone: (212) 310-9846 Fax: (212) 310-9930 Fax: (212) 310-9930 E-mail: cdussie@bayernlbny.com E-mail: cdussie@bayernlbny.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 8 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Burdale Financial $35,000,000.00 Credit Contact: Credit Contact: Limited David Grende David Grende Director Director 300 First Stamford Place 300 First Stamford Place Stamford, CT 06830 Stamford, CT 06830 Phone: (203) 391-5964 Phone: (203) 391-5964 Fax: (203) 391-5901 Fax: (203) 391-5901 E-mail: dgrende@burdale.com E-mail: dgrende@burdale.com Operations Contact: Operations Contact: Dariusz Szypula Dariusz Szypula Collateral Analyst Collateral Analyst 53 Queen Anne Street 53 Queen Anne Street London, W1G 9HP London, W1G 9HP Phone: +44 207 935 1115. Phone: +44 207 935 1115. Fax: 44 (0)20 7935 5445 Fax: 44 (0)20 7935 5445 E-mail: dszypula @burdale.co.uk E-mail: dszypula @burdale.co.uk Tania Saldanha Tania Saldanha Collateral Analyst Collateral Analyst 53 Queen Anne Street 53 Queen Anne Street London, W1G 9HP London, W1G 9HP Phone: +44 207 935 1115. Phone: +44 207 935 1115. Fax: 44 (0)20 7935 5445 Fax: 44 (0)20 7935 5445 E-mail: tsaldanha@burdale.co.uk E-mail: tsaldanha@burdale.co.uk ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- GMAC Commercial $32,500,000.00 Credit Contact: Credit Contact: Finance LLC Robert Bradow Robert Bradow GMAC Commercial Finance LLC GMAC Commercial Finance LLC 1290 Avenue of the Americas, 3rd Floor 1290 Avenue of the Americas, 3rd Floor New York, NY 10104 New York, NY 10104 Phone: (212) 884-7190 Phone: (212) 884-7190 Fax: (212) 884-7692 Fax: (212) 884-7692 E-mail: rbradow@gmaccf.com E-mail: rbradow@gmaccf.com Secondary Credit Contact: Secondary Credit Contact: Thomas Maiale Thomas Maiale Team Leader Team Leader GMAC Commercial Finance LLC GMAC Commercial Finance LLC 1290 Avenue of the Americas, 3rd Floor 1290 Avenue of the Americas, 3rd Floor ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 9 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- New York, NY 10104 New York, NY 10104 Phone: (212) 884-7097 Phone: (212) 884-7097 Fax: (212) 884-7692 Fax: (212) 884-7692 E-mail: tmaiale@gmaccf.com E-mail: tmaiale@gmaccf.com Operations Contact: Operations Contact: Claudette Robotham Claudette Robotham Assistant Vice President Assistant Vice President GMAC Commercial Finance LLC GMAC Commercial Finance LLC 3000 Town Center, Suite 280 3000 Town Center, Suite 280 Southfield, MI 48075 Southfield, MI 48075 Phone: (248) 263-6227 Phone: (248) 263-6227 Fax: (248) 356-8978 Fax: (248) 356-8978 E-mail: crobotham@gmaccf.com E-mail: crobotham@gmaccf.com Secondary Operations Contact Secondary Operations Contact Julie VanHouten Julie VanHouten GMAC Commercial Finance LLC GMAC Commercial Finance LLC 3000 Town Center, Suite 280 3000 Town Center, Suite 280 Southfield, MI 48075 Southfield, MI 48075 Phone: (248) 263-6236 Phone: (248) 263-6236 Fax: (248) 356-8978 Fax: (248) 356-8978 E-mail: jvanhouten@gmaccf.com E-mail: jvanhouten@gmaccf.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- Merrill Lynch $35,000,000.00 Credit Contact: Credit Contact: Capital, a division Richard Holston Richard Holston of Merrill Lynch Vice President Vice President Business Financial 225 Liberty Street, 5th Floor 225 Liberty Street, 5th Floor Services Inc. New York, NY 10281 New York, NY 10281 Phone: (212) 236-1272 Phone: (212) 236-1272 Fax: (212) 236-0048 Fax: (212) 236-0048 E-Mail: richard_holston@ml.com E-Mail: richard_holston@ml.com Operations Contact: Operations Contact: Cassandra Davis-Reed Cassandra Davis-Reed Portfolio Analyst Portfolio Analyst 222 N. La Salle Street, 16th Street 222 N. La Salle Street, 16th Street Chicago, IL 60601 Chicago, IL 60601 Phone: (312) 750-6219 Phone: (312) 750-6219 Fax: (312) 499-3336 Fax: (312) 499-3336 E-Mail: cassandra_davis@ml.com E-Mail: cassandra_davis@ml.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- 10 ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- REVOLVING NAME OF CREDIT SWING LINE LENDER PARTY COMMITMENT COMMITMENT DOMESTIC LENDING OFFICE EURODOLLAR LENDING OFFICE ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- UBS Loan Finance LLC $35,000,000.00 Credit Contact: Credit Contact: Thomas Getty Thomas Getty Director Director 677 Washington Blvd, 6th Floor 677 Washington Blvd, 6th Floor Stamford, CT 06901 Stamford, CT 06901 Phone: (203) 719-1674 Phone: (203) 719-1674 Fax: (203) 719-5259 Fax: (203) 719-5259 E-mail: thomas.getty@ubs.com E-mail: thomas.getty@ubs.com Operations Contact: Operations Contact: Elizabeth C. White Elizabeth C. White ABL Loan Administrator ABL Loan Administrator 677 Washington Blvd, 6th Floor 677 Washington Blvd, 6th Floor Stamford, CT 06901 Stamford, CT 06901 Phone: (203) 719-3618 Phone: (203) 719-3618 Fax: (203 719-3888 Fax: (203 719-3888 Email: elizabeth.c.white@ubs.com Email: elizabeth.c.white@ubs.com ---------------------- --------------- --------------- ----------------------------------------- ----------------------------------- TOTAL $600,000,000 $25,000,000
11 ANNEX B SCHEDULE 4.01(r) INVESTMENTS City of Michigan, Indiana Economic Development Taxable Revenue Bonds, Series 1999 - $1,932,749. Three (3) shares of Ridgemark Golf and Country Club - $45,000. City of Fontana Industrial Development Revenue Bond Series 1985 - $6,325,000. Loan made by BMCA to BMCA Holdings Corporation on July 1, 2003 in a principal amount of $37,840,000. Loan made by BMCA to BMCA Holdings Corporation on December 29, 2003 in a principal amount of $15,000,000.