SEC Filings
8-K
STATION CASINOS LLC filed this Form 8-K on 05/03/2017
Entire Document
 


(ii) The Term A-3 Facility Loans shall have the same terms as the Term A Facility Loans as set forth in this Agreement and the Credit Documents before giving effect to the Third Amendment, except as modified by the Third Amendment; it being understood that the Term A-3 Facility Loans (and all principal, interest and other amounts in respect thereof) will constitute “Obligations,” “Guaranteed Obligations” and “Secured Obligations” under this Agreement and the other Credit Documents. The aggregate outstanding principal amount of the Term A-3 Facility Loans for all purposes of this Agreement and the other Credit Documents shall be the stated principal amount thereof outstanding from time to time. The Term A-3 Facility Loans may from time to time be LIBOR Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Section 3.3 of the Third Amendment and Section 2.09 of this Agreement.

SECTION 2.1.6 Section 2.04(a) of the Credit Agreement is hereby amended by inserting the following new clause (v) at the end thereof:

(v) In addition to any other mandatory commitment reductions pursuant to this Section 2.04, the aggregate amount of the Term A-3 Facility Commitments outstanding on the Third Amendment Effective Date shall be automatically and permanently reduced to zero at 5:00 p.m., New York time, on the Third Amendment Effective Date (after giving effect to the making of the Term A-3 Facility Loans on such date).

SECTION 2.1.7 Section 4.02 of the Credit Agreement is hereby amended by deleting “and” immediately before clause (d) thereof and inserting the following new clause (e) at the end thereof:

and (e) except as otherwise provided in Section 2.09(b)(ii) (with respect to rejecting Lenders), Section 2.10(b) (with respect to declining Lenders), Section 2.13 (with respect to accepting and declining Lenders), Section 2.14, Section 13.04(b) or Section 13.05(d), Borrower hereby agrees that each borrowing of, each payment or prepayment in respect of principal or interest of, each conversion of one Type of Loans to another Type of Loans, and the selection of Interest Periods in respect of, the Term A Facility Loans and the Term A-3 Facility Loans shall, in each case, be allocated pro rata between the Term A Facility Loans and the Term A-3 Facility Loans according to the aggregate outstanding principal amount of Term A Facility Loans and Term A-3 Facility Loans.

SECTION 2.1.8 Section 2.12(b)(viii) of the Credit Agreement is hereby amended by inserting the following after “not any Term A Facility Loans” in each usage thereof in such Section:

“or any Term A-3 Facility Loans”

SECTION 2.1.9 Section 3.01 of the Credit Agreement is hereby amended by inserting the following new clause (e) at the end thereof:

(e) Borrower hereby promises to pay to Administrative Agent for the account of the Lenders with Term A-3 Facility Loans (including, for the avoidance of doubt, the Incremental Term A-3 Loans (as defined in the Third Amendment)) made on the Third Amendment Effective

 

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