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Bridge Loan Agreement

 

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Title:

Bridge Loan Agreement

Entities:

Affinion Publishing, LLC; BNP Paribas Securities Corp.; Credit Suisse First Boston LLC; Deutsche Bank Securities Inc.; Wells Fargo Bank, NA; Bank of New York

Date:

2006

Size:

Preview shows 35KB of 396KB total

Price:

$96

ID:

#1978972

 

 

► Loans ► Loan Agreements ► Bridge Loan Agreements
► Financial
► Financial ► Money Center Banks

 

 

Start of Preview


 


$383,612,600

SENIOR SUBORDINATED

BRIDGE LOAN AGREEMENT

Dated as of October 17, 2005,

Among

AFFINION GROUP HOLDINGS, INC.,

AFFINION GROUP, INC.,

as Borrower,

THE LENDERS PARTY HERETO,

CREDIT SUISSE, CAYMAN ISLANDS BRANCH,

as Administrative Agent,

DEUTSCHE BANK SECURITIES INC.,

as Syndication Agent,

and

BANC OF AMERICA BRIDGE LLC,

and

BNP PARIBAS SECURITIES CORP.,

as Documentation Agents

 


CREDIT SUISSE FIRST BOSTON LLC,

as Joint Lead Arranger and Joint Bookrunner

and

DEUTSCHE BANK SECURITIES INC.,

as Joint Lead Arranger and Joint Bookrunner

 



TABLE OF CONTENTS

 

   ARTICLE I   
   Definitions   
SECTION 1.01.    Defined Terms    1
SECTION 1.02.    Terms Generally    35
SECTION 1.03.    Effectuation of Transfers    36
SECTION 1.04.    Currency Translation    36
   ARTICLE II   
   The Credits   
SECTION 2.01.    Commitments    36
SECTION 2.02.    Loans and Borrowings    36
SECTION 2.03.    Requests for Borrowings    37
SECTION 2.04.    Term Loans; Senior Subordinated Exchange Notes    37
SECTION 2.05.    Senior Subordinated Exchange Notes    38
SECTION 2.06.    Funding of Borrowings    39
SECTION 2.07.    [RESERVED]    40
SECTION 2.08.    Payments    40
SECTION 2.09.    Repayment of Loans; Evidence of Debt    41
SECTION 2.10.    Take-Out Financing    41
SECTION 2.11.    Prepayment of Loans    43
SECTION 2.12.    Fees    43
SECTION 2.13.    Interest    44
SECTION 2.14.    [RESERVED]    45
SECTION 2.15.    Increased Costs    45
SECTION 2.16.    Indemnity    46
SECTION 2.17.    Taxes    47
SECTION 2.18.    Pro Rata Treatment; Sharing of Set-offs    48
SECTION 2.19.    Mitigation Obligations; Replacement of Lenders    49
   ARTICLE III   
   Representations and Warranties   
SECTION 3.01.    Organization; Powers    50
SECTION 3.02.    Authorization    50
SECTION 3.03.    Enforceability    51
SECTION 3.04.    Governmental Approvals    51
SECTION 3.05.    Financial Statements    51
SECTION 3.06.    No Material Adverse Change or Material Adverse Effect    53
SECTION 3.07.    Title to Properties; Possession Under Leases    53
SECTION 3.08.    Subsidiaries    53
SECTION 3.09.    Litigation; Compliance with Laws    54
SECTION 3.10.    Federal Reserve Regulations    54

 

i


SECTION 3.11.    Investment Company Act; Public Utility Holding Company Act    54
SECTION 3.12.    Use of Proceeds    54
SECTION 3.13.    Tax Returns    55
SECTION 3.14.    No Material Misstatements    55
SECTION 3.15.    Employee Benefit Plans    55
SECTION 3.16.    Environmental Matters    56
SECTION 3.17.    [RESERVED]    57
SECTION 3.18.    Real Property    57
SECTION 3.19.    Solvency    57
SECTION 3.20.    Labor Matters    58
SECTION 3.21.    Insurance    58
SECTION 3.22.    Representations and Warranties in Purchase Agreement    58
SECTION 3.23.    [RESERVED]    58
SECTION 3.24.    No Violation    58
SECTION 3.25.    Holdings Indebtedness    58
   ARTICLE IV   
   Conditions of Lending   
SECTION 4.01.    Closing    59
   ARTICLE V   
   Affirmative Covenants   
SECTION 5.01.    Existence; Businesses and Properties    62
SECTION 5.02.    Insurance    63
SECTION 5.03.    Taxes    63
SECTION 5.04.    Financial Statements, Reports, etc.    63
SECTION 5.05.    Litigation and Other Notices    66
SECTION 5.06.    Compliance with Laws    66
SECTION 5.07.    Maintaining Records; Access to Properties and Inspections    66
SECTION 5.08.    Payment of Obligations    66
SECTION 5.09.    Use of Proceeds    66
SECTION 5.10.    Compliance with Environmental Laws    67
SECTION 5.11.    Further Assurances    67
SECTION 5.12.    Fiscal Year; Accounting    67
SECTION 5.13.    Lender Meetings    67
SECTION 5.14.    Compliance with Material Contracts    67
   ARTICLE VI   
   Negative Covenants   
SECTION 6.01.    Indebtedness    67
SECTION 6.02.    Liens    71
SECTION 6.03.    Sale and Lease-Back Transactions    76
SECTION 6.04.    Investments, Loans and Advances    76
SECTION 6.05.    Mergers, Consolidations, Sales of Assets and Acquisitions    79

 

ii



 
SECTION 6.06.    Dividends and Distributions    81
SECTION 6.07.    Transactions with Affiliates    83
SECTION 6.08.    Business of Holdings, the Borrower and the Subsidiaries   

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