FLOWSERVE CORPORATION FIRST AMENDMENT TO CREDIT AGREEMENT
EXHIBIT 10.43
FLOWSERVE CORPORATION
FIRST AMENDMENT
TO CREDIT AGREEMENT
This FIRST AMENDMENT TO CREDIT AGREEMENT (this "Amendment") is
dated as of November 9, 2001 and entered into by and among Flowserve
Corporation, a New York corporation (the "Borrower"), the Lenders (as defined in
Article I of the Credit Agreement) executing this Agreement, Credit Suisse First
Boston, a bank organized under the laws of Switzerland, acting through its New
York branch ("CSFB"), as syndication agent (the "Syndication Agent") and Bank of
America, N.A., a national banking association ("BofA"), as swingline lender (in
such capacity, the "Swingline Lender"), as administrative agent (in such
capacity, the "Administrative Agent") and as collateral agent (in such capacity,
the "Collateral Agent") for the Lenders, and is made with reference to that
certain Credit Agreement dated as of August 8, 2000 (the "Credit Agreement"), by
and among the Borrower, the Lenders, the Syndication Agent and the
Administrative Agent. Capitalized terms used herein without definition shall
have the same meanings herein as set forth in the Credit Agreement.
RECITALS
WHEREAS, the Borrower and the Lenders desire to amend the
Credit Agreement in certain respects;
NOW, THEREFORE, in consideration of the premises and the
agreements, provisions and covenants herein contained, the parties hereto agree
as follows:
SECTION 1. AMENDMENTS TO THE CREDIT AGREEMENT
1.1 AMENDMENTS TO ARTICLE I: DEFINITIONS
A. Section 1.1 of the Credit Agreement is hereby amended by
adding thereto the following definition, which shall be inserted in proper
alphabetical order:
"Fall 2001 Equity Issuance" means a public offering
of the Borrower's common stock made by the Borrower on or before
December 31, 2001 resulting in gross cash proceeds of at least
$150,000,000.
B. The definition of "Consolidated Interest Expense" is hereby
amended by adding the following parenthetical phrase immediately after the
phrase "premium payments" in the third line:
"(other than premium payments associated with the repurchase or
prepayment of the Subordinated Notes from proceeds of the Fall 2001
Equity Issuance)".
C. The definition of "Excess Cash Flow" is hereby amended by
adding the following phrase at the end of the parenthetical phrase in clause
(b)(iv) thereof:
(Flowserve Corporation First Amendment to Credit Agreement)
"and other than repurchases or prepayments of the Subordinated Notes
out of proceeds of the Fall 2001 Equity Issuance".
1.2 AMENDMENTS TO ARTICLE II: THE CREDITS
A. Section 2.13(b) of the Credit Agreement is hereby amended
by deleting the word "fifth" in the first line and substituting in lieu thereof
the word "tenth".
B. Section 2.13 of the Credit Agreement is hereby further
amended by deleting clause (c) in its entirety and substituting in lieu thereof
the following:
"(c) Subject to paragraph (j) below, in the event and
on each occasion that an Equity Issuance occurs, the Borrower shall,
substantially simultaneously with (and in any event not later than the
fifth Business Day next following) the occurrence of each Equity
Issuance, apply 75% of the Net Cash Proceeds therefrom to prepay
outstanding Term Loans in accordance with Section 2.13(g); provided,
however, that in the event the Leverage Ratio on the date of such
Equity Issuance (and after giving effect thereto and to the use of the
proceeds thereof) is less than 3.0 to 1.0, such amount shall be reduced
to 50%; provided further that with respect to the Fall 2001 Equity
Issuance, (i) the Borrower may apply the Net Cash Proceeds therefrom to
repurchase Subordinated Notes and/or to prepay principal of, interest
on and premium, if any, on the Subordinated Notes, up to an aggregate
amount equal to the sum of (x) the maximum principal amount of
Subordinated Notes that may be repurchased or prepaid pursuant to the
optional redemption provisions of the Subordinated Note Indentures, and
(y) the 12.25% prepayment premium associated therewith (plus the amount
of accrued interest on the principal amount so repurchased or prepaid),
and (ii) 100% of any Net Cash Proceeds therefrom in excess of the
amount so applied to repurchase and/or prepay the Subordinated Notes
shall be applied to prepay outstanding Term Loans in accordance with
Section 2.13(g)."
C. Section 2.23(c) of the Credit Agreement is hereby amended
by deleting the number "180" in the second line and substituting in lieu thereof
the number "360".
D. Section 2.23(c) of the Credit Agreement is hereby further
amended by deleting the amount "$20,000,000" in clause (i) thereof and inserting
in lieu thereof the amount "$40,000,000".
1.3 AMENDMENTS TO ARTICLE VI: NEGATIVE COVENANTS
A. Section 6.05(b) of the Credit Agreement is hereby amended
by adding the following proviso at the end of such section:
"provided that the limitations set forth in this clause (iii)
shall not apply to the non-recourse factoring of accounts
receivable by Foreign Subsidiaries, provided that the
aggregate outstanding amount of accounts receivable (assuming
each such account receivable remains
(Flowserve Corporation First Amendment to Credit Agreement)
2
outstanding for the number of days provided in the applicable
invoice for non-delinquent payment) at any time which have
been so factored shall not exceed $25,000,000."
B. Section 6.09(b) of the Credit Agreement is hereby amended
by adding the following proviso at the end of such section:
"provided that the Borrower may repurchase and/or prepay the
Subordinated Notes to the extent provided in the final proviso
of Section 2.13(c)."
SECTION 2. CONDITIONS TO EFFECTIVENESS
2.1 AMENDMENT OTHER THAN SECTION 1. This Amendment (other than Section 1 of this
Amendment) shall become effective upon receipt by the Administrative Agent on or
before November 16, 2001 of all of the following, in form and substance
satisfactory to the Administrative Agent:
A. AMENDMENT. This Amendment executed by the Borrower, the
Agents and the Required Lenders;
B. PAYMENT OF AMENDMENT FEE. Evidence of payment to the
Administrative Agent for the account of each Lender that executes this Amendment
on or before November 9, 2001 of an amendment fee equal to 0.125% of the sum of
such Lender's Revolving Credit Commitment and the principal amount Term Loans
held by such Lender.
C. PAYMENT OF FEES. Evidence of payment by the Borrower of all
accrued and unpaid fees, costs and expenses to the extent then due and payable
on the date hereof, together with attorney costs of BofA to the extent invoiced
prior to date hereof.
D. BORROWER CERTIFICATE. A certificate signed by a Responsible
Officer of the Borrower, dated as of the date hereof, stating that:
(i) the representations and warranties contained in
Section 3 hereof and in Article III of the Credit Agreement are true
and correct on and as of such date, as though made on and as of such
date; and
(ii) no Default or Event of Default exists and no
Default or Event of Default existed as of September 30, 2001.
2.2 EFFECTIVENESS OF SECTION 1. Section 1 of this Amendment shall become
effective upon satisfaction of the conditions set forth in Section 2.1 and
receipt by the Administrative Agent on or before December 31, 2001 of all of the
following, in form and substance satisfactory to the Administrative Agent, it
being understood and agreed that if such conditions are not satisfied on
(Flowserve Corporation First Amendment to Credit Agreement)
3
or prior to December 31, 2001, Section 1 of this Amendment shall not be
effective (the date of satisfaction of such conditions being referred to herein
as the "First Amendment Effective Date"):
A. EVIDENCE OF FALL 2001 EQUITY ISSUANCE AND REDUCTION OF
INDEBTEDNESS. Evidence satisfactory to the Administrative Agent that (i) the
Fall 2001 Equity Issuance has been consummated and that the Borrower has
received the Net Cash Proceeds thereof, and (ii) such Net Cash Proceeds have
been applied in the manner set forth in the final proviso of Section 2.13(c).
B. PAYMENT OF FEES. Evidence of payment by the Borrower of all
accrued and unpaid fees, costs and expenses to the extent then due and payable
on the First Amendment Effective Date, together with attorney costs of BofA to
the extent invoiced prior to or on the First Amendment Effective Date.
C. BORROWER CERTIFICATE. A certificate signed by a Responsible
Officer of the Borrower, dated as of the First Amendment Effective Date, stating
that:
(iii) the representations and warranties contained in
Section 3 hereof and in Article III of the Credit Agreement are true
and correct on and as of such date, as though made on and as of such
date; and
(iv) no Default or Event of Default exists.
SECTION 3. BORROWER'S REPRESENTATIONS AND WARRANTIES
In order to induce the Lenders to enter into this Amendment
and to amend the Credit Agreement in the manner provided herein, the Borrower
represents and warrants to each Lender that the following statements are true,
correct and complete:
A. DUE INCORPORATION, VALID EXISTENCE AND GOOD STANDING;
CORPORATE POWER AND AUTHORITY. The Borrower is a corporation duly incorporated,
validly existing and in good standing under the laws of the State of New York.
The Borrower has all requisite corporate power and authority to enter into this
Amendment and to carry out the transactions contemplated by, and perform its
obligations under, the Credit Agreement as amended by this Amendment (the
"Amended Agreement").
B. AUTHORIZATION OF AGREEMENTS. The execution and delivery of
this Amendment and the performance of the Amended Agreement have been duly
authorized by all necessary corporate action on the part of the Borrower.
C. NO CONFLICT. The execution and delivery by the Borrower of
this Amendment and the performance by the Borrower of the Amended Agreement do
not and will not (i) violate any provision of any law or any governmental rule
or regulation applicable to the Borrower or any of its Subsidiaries, the
certificate or articles of incorporation or by-laws of the Borrower or any of
its Subsidiaries or any order, judgment or decree of any court or other agency
of government binding on the Borrower or any of its Subsidiaries, (ii) conflict
with, result in a
(Flowserve Corporation First Amendment to Credit Agreement)
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breach of or constitute (with due notice or lapse of time or both) a default
under any contractual obligation, agreement or other instrument of the Borrower
or any of its Subsidiaries, (iii) result in or require the creation or
imposition of any Lien upon any of the properties or assets of the Borrower or
any of its Subsidiaries (other than Liens created under any of the Loan
Documents in favor of Administrative Agent on behalf of Lenders), or (iv)
require any approval of stockholders or any approval or consent of any person
under any contractual obligation, agreement or other instrument of the Borrower
or any of its Subsidiaries.
D. GOVERNMENTAL CONSENTS. The execution and delivery by the
Borrower of this Amendment and the performance by the Borrower of the Amended
Agreement do not and will not require any registration with, consent or approval
of, or notice to, or other action to, with or by, any federal, state or other
governmental authority or regulatory body.
E. BINDING OBLIGATION. This Amendment has been duly executed
and delivered by the Borrower and this Amendment and the Amended Agreement are
the legally valid and binding obligations of the Borrower, enforceable against
the Borrower in accordance with their respective terms, except as may be limited
by bankruptcy, insolvency, reorganization, moratorium or similar laws relating
to or limiting creditors' rights generally or by equitable principles relating
to enforceability.
F. ABSENCE OF DEFAULT. No event has occurred and is continuing
or will result from the consummation of the transactions contemplated by this
Amendment that would constitute an Event of Default or a Default.
SECTION 4. MISCELLANEOUS
A. REFERENCE TO AND EFFECT ON THE CREDIT AGREEMENT AND THE
OTHER LOAN DOCUMENTS.
(i) On and after the First Amendment Effective Date,
each reference in the Credit Agreement to "this Agreement",
"hereunder", "hereof", "herein" or words of like import referring to
the Credit Agreement, and each reference in 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
Amended Agreement.
(ii) Except as specifically amended by this
Amendment, the Credit Agreement and the other Loan Documents shall
remain in full force and effect and are hereby ratified and confirmed.
(iii) The execution, delivery and performance of this
Amendment shall not, except as expressly provided herein, constitute a
waiver of any provision of, or operate as a waiver of any right, power
or remedy of the Administrative Agent or any Lender under, the Credit
Agreement or any of the other Loan Documents.
(Flowserve Corporation First Amendment to Credit Agreement)
5
B. FEES AND EXPENSES. The Borrower acknowledges that all
costs, fees and expenses as described in the Credit Agreement incurred by the
Administrative Agent and its counsel with respect to this Amendment and the
documents and transactions contemplated hereby shall be for the account of the
Borrower.
C. HEADINGS. Section and subsection headings in this Amendment
are included herein for convenience of reference only and shall not constitute a
part of this Amendment for any other purpose or be given any substantive effect.
D. APPLICABLE LAW. THIS AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE
CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW
YORK, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES.
E. 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 and delivered shall be deemed an original, but all
such counterparts together shall constitute but one and the same instrument;
signature pages may be detached from multiple separate counterparts and attached
to a single counterpart so that all signature pages are physically attached to
the same document.
(Flowserve Corporation First Amendment to Credit Agreement)
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IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be duly executed and delivered by their respective officers
thereunto duly authorized as of the date first written above.
FLOWSERVE CORPORATION,
By
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇
Title: Vice President and Treasurer
BANK OF AMERICA, N.A., individually
and as Administrative Agent, Collateral
Agent and Swingline Lender
By
/s/ ▇▇▇ ▇▇▇▇▇▇▇
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Name: ▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
CREDIT SUISSE FIRST BOSTON,
individually and as Syndication Agent,
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Vice President
By
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Associate
(Flowserve Corporation First Amendment to Credit Agreement)
ABN AMRO BANK N.V.,
By
/s/ ▇▇▇▇ ▇. Honda
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Name: ▇▇▇▇ ▇. Honda
Title: Group Vice President
By
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇
Title: Assistant Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
BANK ONE, NA,
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇▇
Title: Director
(Flowserve Corporation First Amendment to Credit Agreement)
BANK OF CHINA, LOS ANGELES
BRANCH,
By
/s/ ▇▇▇, ▇▇▇▇▇▇▇
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Name: ▇▇▇, ▇▇▇▇▇▇▇
Title: Branch Manager
(Flowserve Corporation First Amendment to Credit Agreement)
BANK OF MONTREAL
By
/s/ ▇. ▇▇▇▇▇
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Name: ▇. ▇▇▇▇▇
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
THE BANK OF TOKYO-MITSUBISHI, LTD.,
By
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇
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Name: ▇. ▇▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
CITICORP USA INC.
By
/s/ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇
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Name: ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
COMERICA BANK,
By
/s/ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Assistant Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
THE DAI ICHI KANGYO BANK, LIMITED
By
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
HSBC BANK USA,
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
Title: First Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
LLOYDS TSB BANK PLC,
By
/s/ ▇▇▇ ▇▇▇▇▇▇▇
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Name: ▇▇▇ ▇▇▇▇▇▇▇
Title: Vice President Acquisition
Finance D080
By
/s/ ▇▇▇▇▇ ▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇
Title: Assistant Director Structured
Finance H002
(Flowserve Corporation First Amendment to Credit Agreement)
NATEXIS BANQUES POPULAIRES,
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Vice President and Group
Manager
By
/s/ ▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇▇
Title: Senior Vice President and
Regional Manager
(Flowserve Corporation First Amendment to Credit Agreement)
NATIONAL WESTMINSTER BANK PLC
By: NatWest Capital Markets Limited, its
Agent
By: Greenwich Capital Markets, Inc. its
Agent
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇
Title: Assistant Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
ORIX FINANCIAL SERVICES, INC.
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇
Title: Senior Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
THE SUMITOMO TRUST & BANKING
CO., LTD., NEW YORK BRANCH,
By
/s/ ▇▇▇▇▇▇▇▇▇ ▇. Quiric
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Name: ▇▇▇▇▇▇▇▇▇ ▇. Quiric
Title: Vice-President
(Flowserve Corporation First Amendment to Credit Agreement)
TORONTO DOMINION (NEW YORK), INC.,
By
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
LANDMARK CDO LIMITED,
By: Aladdin Asset Management LLC
as Manager
By
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Vice President
Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
AIMCO CDO SERIES 2000-A
By
/s/ unable to read signature
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Name:
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Title:
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By
/s/ unable to read signature
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Name:
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Title:
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(Flowserve Corporation First Amendment to Credit Agreement)
ALLSTATE LIFE INSURANCE COMPANY
By
/s/ unable to read signature
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Name:
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Title:
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By
/s/ unable to read signature
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Name:
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Title:
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(Flowserve Corporation First Amendment to Credit Agreement)
KZH STERLING LLC,
By
/s/ ▇▇▇▇▇ ▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
AMMC CDO II, LIMITED,
By: American Money Management Corp.,
as Collateral Manager
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
ARES LEVERAGED INVESTMENT FUND II, L.P.
By: ARES Management II, L.P.
Its: General Partner
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
ARES III CLO LTD.
By: ARES CLO Management, LLC
Its: Investment Manager
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
ARES IV CLO LTD.
By: ARES CLO Management IV, L.P.
Investment Manager
By: Ares CLO ▇▇ ▇▇, LLC
Its: Managing Member
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
CARAVELLE INVESTMENT FUND II, L.L.C.
By Trimaran Advisors, L.L.C.
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
CARLYLE-HIGH YIELD PARTNERS II, LTD
By
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇
Title: Vice President
CARLYLE-HIGH YIELD PARTNERS III, LTD
By
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇
Title: Vice President
CARLYLE-HIGH YIELD PARTNERS, LP
By
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
CENTURION CDO II, LTD
By: American Express Asset Management
Group Inc, as Collateral Manager
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
CONTINENTAL CASUALTY COMPANY,
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
PROMETHEUS INVESTMENT FUNDING NO. 1, CPF
ASSET ADVISORY, LLC AS INVESTMENT MANAGER
By
/s/ ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Managing Director
Chief Investment Officer
By
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Associate Director
(Flowserve Corporation First Amendment to Credit Agreement)
CYPRESSTREE INVESTMENT PARTNERS I, LTD,
By: CypressTree Investment Management
Company, Inc., as Portfolio Manager
/s/ ▇▇▇▇▇ ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇
Title: Investment Analyst
CYPRESSTREE INVESTMENT PARTNERS II, LTD,
By: CypressTree Investment Management
Company, Inc., as Portfolio Manager
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇
Title: Investment Analyst
CYPRESSTREE INVESTMENT MANAGEMENT COMPANY,
INC.
As: Attorney-in-Fact and on behalf of
First Allmerica Financial Life
Insurance Company as Portfolio
Manager
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇
Title: Investment Analyst
(Flowserve Corporation First Amendment to Credit Agreement)
▇▇▇▇▇▇▇ & CO,
By: BOSTON MANAGEMENT AND
RESEARCH, as Investment Advisor,
By
/s/ ▇▇▇▇▇ ▇. Page
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Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
SENIOR DEBT PORTFOLIO,
By: BOSTON MANAGEMENT AND
RESEARCH, as Investment Advisor,
By
/s/ ▇▇▇▇▇ ▇. Page
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Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
▇▇▇▇▇ ▇▇▇▇▇ CDO II, LTD,
By: ▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT,
AS INVESTMENT ADVISOR,
By
/s/ ▇▇▇▇▇ ▇. Page
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Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
▇▇▇▇▇ ▇▇▇▇▇ CDO III, LTD,
By: ▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT,
AS INVESTMENT ADVISOR,
By
/s/ ▇▇▇▇▇ ▇. Page
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Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
▇▇▇▇▇ ▇▇▇▇▇ CDO IV, LTD,
By: ▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT,
AS INVESTMENT ADVISOR,
By
/s/ ▇▇▇▇▇ ▇. Page
-------------------------------------
Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
CONSTANITINUS ▇▇▇▇▇ ▇▇▇▇▇ CDO V, LTD.,
By: ▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT,
AS INVESTMENT ADVISOR,
By
/s/ ▇▇▇▇▇ ▇. Page
-------------------------------------
Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
▇▇▇▇▇ ▇▇▇▇▇ INSTITUTIONAL SENIOR LOAN FUND,
By: ▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT,
AS INVESTMENT ADVISOR,
By
/s/ ▇▇▇▇▇ ▇. Page
-------------------------------------
Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
OXFORD STRATEGIC INCOME FUND,
By: ▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT,
AS INVESTMENT ADVISOR,
By
/s/ ▇▇▇▇▇ ▇. Page
-------------------------------------
Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
▇▇▇▇▇ ▇▇▇▇▇ SENIOR INCOME TRUST,
By: ▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT,
AS INVESTMENT ADVISOR,
By
/s/ ▇▇▇▇▇ ▇. Page
-------------------------------------
Name: ▇▇▇▇▇ ▇. Page
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
FC CBO II, LIMITED
By
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Manager
(Flowserve Corporation First Amendment to Credit Agreement)
FLAGSHIP CLO-2001-1,
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Director
(Flowserve Corporation First Amendment to Credit Agreement)
FREMONT INVESTMENT & LOAN,
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
▇▇▇▇▇▇▇ ▇▇▇▇▇ CREDIT PARTNERS L.P.
By
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
GRAYSTON CLO 2001-01 LTD.
By: Bear ▇▇▇▇▇▇▇ Asset Management Inc.
as its Collateral Manager
By
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
HARCH CLO I LIMITED,
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title:
(Flowserve Corporation First Amendment to Credit Agreement)
INDOUEZ CAPITAL FUNDING IV, L.P.
By: Indosuez Capital as Portfolio Advisor
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President and Portfolio
Manager
INDOUEZ CAPITAL FUNDING VI, LIMITED
By: Indosuez Capital as Collateral
Manager
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President and Portfolio
Manager
(Flowserve Corporation First Amendment to Credit Agreement)
ARCHIMEDES FUNDING III, LTD.
By: ING Capital Advisors LLC,
as Collateral Manager
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
ARCHIMEDES FUNDING IV (CAYMAN), LTD.
By: ING Capital Advisors LLC,
as Collateral Manager
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
THE ING CAPITAL SENIOR SECURED HIGH INCOME
HOLDINGS FUND, LTD.
By: ING Capital Advisors LLC,
as Investment Manager
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
SEQUILS-ING I (HBDGM), LTD.
By: ING Capital Advisors LLC,
as Collateral Manager
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
SWISS LIFE US RAINBOW LIMITED
By: ING Capital Advisors LLC,
as Collateral Manager
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
INVESCO CBO 2000-1 LTD.
By: INVESCO Senior Secured Management, Inc.
As Portfolio Advisor
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
AERIES FINANCE-II LTD.
By: INVESCO Senior Secured Management, Inc.
As Sub-Managing Agent
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
AMARA 2 FINANCE, LTD.
By: INVESCO Senior Secured Management, Inc.
As Sub-Advisor
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
AMARA-1 FINANCE, LTD. LTD.
By: INVESCO Senior Secured Management, Inc.
As Sub-advisor
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
AVALON CAPITAL LTD.
By: INVESCO Senior Secured Management, Inc.
As Portfolio Advisor
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
AVALON CAPITAL LTD. 2
By: INVESCO Senior Secured Management, Inc.
As Portfolio Advisor
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
CERES II FINANCE LTD.
By: INVESCO Senior Secured Management, Inc.
As Sub-Manging Agent (Financial)
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
CHARTER VIEW PORTFOLIO
By: INVESCO Senior Secured Management, Inc.
As Investment Advisor
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
AIM FLOATING RATE FUND
By: INVESCO Senior Secured Management, Inc.
As Attorney in fact
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
OASIS COLLATERALIZED HIGH INCOME PORTFOLIO-1,
LTD.
By: INVESCO Senior Secured Management, Inc.
As Subadvisor
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
SEQUILS LIBERTY, LTD.
By: INVESCO Senior Secured Management, Inc.
As Collateral Manager
By
/s/ ▇▇▇▇▇▇▇ Stoeekle
----------------------------------------
Name: ▇▇▇▇▇▇▇ Stoeekle
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
JUPITER FUNDING TRUST,
By
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇ ▇. ▇▇▇▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
KATONAH I, LTD.,
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
Title: Authorized Officer
KATONAH II, LTD.,
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
Title: Authorized Officer
(Flowserve Corporation First Amendment to Credit Agreement)
KZH CNC LLC,
By
/s/ ▇▇▇▇▇ ▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
KZH CYPRESSTREE-1 LLC,
By
/s/ ▇▇▇▇▇ ▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
MAGNETITE ASSET INVESTORS III, L.L.C,
By
/s/ ▇. ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇. ▇▇▇▇▇▇▇▇
Title: Director
MAGNETITE ASSET INVESTORS, L.L.C,
By
/s/ ▇. ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇. ▇▇▇▇▇▇▇▇
Title: Director
(Flowserve Corporation First Amendment to Credit Agreement)
MONY LIFE INSURANCE COMPANY,
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Managing Director
MONY LIFE INSURANCE COMPANY
OF AMERICA,
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ PRIME TRUST,
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
MUIRFIELD TRADING LLC,
By
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇ ▇. ▇▇▇▇▇▇
Title: Assistant Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
OAK HILL CREDIT PARTNERS I, LIMITED,
BY OAK HILL CLO MANAGEMENT I, LLC
AS INVESTMENT MANAGER
By
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Authorized Signatory
(Flowserve Corporation First Amendment to Credit Agreement)
OLYMPIC FUNDING TRUST, SERIES 1999-1,
By
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇ ▇. ▇▇▇▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
SENIOR FLOATING RATE FUND,
By
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Assistant Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
PPM SPYGLASS FUNDING TRUST,
By
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇ ▇. ▇▇▇▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
PVT DIVERSIFIED INCOME,
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
▇▇▇▇▇▇ HIGH YIELD TRUST,
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
RIVIERA FUNDING LLC,
By
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇ ▇. ▇▇▇▇▇▇
Title: Assistant Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
SAWGRASS TRADING LLC,
By
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇ ▇. ▇▇▇▇▇▇
Title: Assistant Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
▇▇▇▇▇▇▇ FLOATING RATE FUND,
By
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇
Title: Senior Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
KZH RIVERSIDE LLC,
By
/s/ ▇▇▇▇▇ ▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
SEABOARD CLO 2000 LTD.
BY ORIX CAPITAL MARKETS, LLC
ITS COLLATERAL MANAGER
/s/ ▇▇▇▇▇▇▇▇ ▇.▇. ▇▇▇▇▇, ▇▇.
-------------------------------------
Name: ▇▇▇▇▇▇▇▇ ▇.▇. ▇▇▇▇▇, ▇▇.
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
SEQUILS-CENTURION V, LTD
By American Express Asset Manager
Group Inc, as Collateral Manager
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
SEQUILS-CUMBERLAND I, LTD.,
By: Deerfield Management LLC,
as its Collateral Manager,
/s/ ▇▇▇▇ ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇
Title: Senior Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
SIERRA CLO I, LTD.,
By
/s/ unable to read signature
-------------------------------------
Name:
----------------------------
Title:
----------------------------
(Flowserve Corporation First Amendment to Credit Agreement)
LIBERTY-▇▇▇▇▇ ▇▇▇ ADVISOR FLOATING RATE
ADVANTAGE FUND
By: ▇▇▇▇▇ ▇▇▇ & ▇▇▇▇▇▇▇ Incorporated,
as Advisor,
By
/s/ ▇▇▇▇▇ ▇. Good
-------------------------------------
Name: ▇▇▇▇▇ ▇. Good
Title: Sr. Vice President &
Portfolio Manager
(Flowserve Corporation First Amendment to Credit Agreement)
GALAXY CLO 1999-1, LTD.,
By: SAI Investment Adviser, Inc.,
its Collateral Manager,
By
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
KZH SOLEIL LLC,
By
/s/ ▇▇▇▇▇ ▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
KZH SOLEIL-2 LLC,
By
/s/ ▇▇▇▇▇ ▇▇▇
-------------------------------------
Name: ▇▇▇▇▇ ▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)
TEXTRON FINANCIAL CORPORATION,
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Director
(Flowserve Corporation First Amendment to Credit Agreement)
COLUMBUS LOAN FUNDING LTD.
BY TRAVELERS ASSET MANAGEMENT INTERNATIONAL
COMPANY, LLC
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Assistant Investment Officer
TRAVELERS CORPORATE LOAN FUND INC.,
BY TRAVELERS ASSET MANAGEMENT INTERNATIONAL
COMPANY, LLC
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Assistant Investment Officer
THE TRAVELERS INSURANCE COMPANY
By
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Assistant Investment Officer
(Flowserve Corporation First Amendment to Credit Agreement)
APEX (TRIMARAN) CDO I, LTD.,
By Trimaran Advisors, L.L.C.
By
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
TYLER TRADING, INC.,
By
/s/ Don C. Day
-------------------------------------
Name: Don C. Day
Title: Vice President
(Flowserve Corporation First Amendment to Credit Agreement)
▇▇▇ ▇▇▇▇▇▇ CLO II, LIMITED
BY: ▇▇▇ ▇▇▇▇▇▇ MANAGEMENT INC.,
AS COLLATERAL MANAGER
By
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Executive Director
▇▇▇ ▇▇▇▇▇▇
PRIME RATE INCOME TRUST
BY: ▇▇▇ ▇▇▇▇▇▇ INVESTMENT ADVISORY CORP.
By
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Executive Director
▇▇▇ ▇▇▇▇▇▇
SENIOR INCOME TRUST
BY: VAN KAMEPN INVESTMENT ADVISORY CORP.
By
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Executive Director
(Flowserve Corporation First Amendment to Credit Agreement)
WHITNEY CASHFLOW FUND II,
By
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Managing Director
WHITNEY PRIVATE DEBT FUND L.P.,
By
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Managing Director
(Flowserve Corporation First Amendment to Credit Agreement)
WINGED FOOT FUNDING TRUST,
By
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇
-------------------------------------
Name: ▇▇▇ ▇. ▇▇▇▇▇▇
Title: Authorized Agent
(Flowserve Corporation First Amendment to Credit Agreement)