EX-10.6 7 d448022dex106.htm JOINDER AGREEMENT Joinder Agreement

Exhibit 10.6

JOINDER AGREEMENT

THIS JOINDER AGREEMENT (this “Agreement”), dated as of December 17, 2012, is entered into between SeaWorld of Texas Holdings, LLC, a Texas limited liability company, SeaWorld of Texas Management, LLC, a Texas limited liability company, and SeaWorld of Texas Beverage, LLC, a Texas limited liability company (collectively, the “New Subsidiaries” and each a “New Subsidiary”) and Bank of America, N.A., in its capacity as Administrative Agent and Collateral Agent (the “Agent”) under that certain Credit Agreement, dated as of December 1, 2009 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among SeaWorld Parks and Entertainment, Inc., a Delaware corporation (the “Borrower”), SW Holdco, Inc., the direct parent of the Borrower, the Guarantors from time to time party thereto, Bank of America, N.A., as Administrative Agent and Collateral Agent, each lender from time to time party thereto (collectively, the “Lenders” and individually, a “Lender”), Bank of America, N.A., as L/C Issuer and Swing Line Lender, and the other agents named therein. Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.

The New Subsidiaries and the Agent, for the benefit of the Lenders, hereby agree as follows:

1. Each New Subsidiary hereby acknowledges, agrees and confirms that, by its execution of this Agreement, such New Subsidiary will be deemed to be a “Loan Party” under the Credit Agreement and a “Subsidiary Guarantor” for all purposes of the Credit Agreement and shall have all of the obligations of a Loan Party and a Subsidiary Guarantor thereunder as if it had executed the Credit Agreement. Each New Subsidiary hereby ratifies, as of the date hereof, and agrees to be bound by, all of the terms, provisions and conditions contained in the Credit Agreement, including without limitation (a) all of the representations and warranties of the Loan Parties set forth in Article V of the Credit Agreement, (b) all of the covenants set forth in Articles VI and VII of the Credit Agreement and (c) all of the guaranty obligations set forth in Article XI of the Credit Agreement.

2. If required, each New Subsidiary is, simultaneously with the execution of this Agreement, executing and delivering such Collateral Documents (and such other documents and instruments) as requested by the Agent in accordance with the Credit Agreement.

3. The address of each New Subsidiary for purposes of Section 10.02 of the Credit Agreement is as follows:

10500 Sea World Drive

San Antonio, TX 78521

Attention: Park President

4. This Agreement may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which shall constitute one and the same instrument.


5. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.


IN WITNESS WHEREOF, each New Subsidiary has caused this Agreement to be duly executed by its authorized officer, and the Agent, for the benefit of the Lenders, has caused the same to be accepted by its authorized officer, as of the day and year first above written.

 

SEAWORLD OF TEXAS HOLDINGS, LLC
  By:  

/s/ Daniel Decker

    Name:   Daniel Decker
    Title:   Manager
  By:  

/s/ Marcus VanVleet

    Name:   Marcus VanVleet
    Title:   Manager
  By:  

/s/ Charles Wetesnick

    Name:   Charles Wetesnick
    Title:   Manager
SEAWORLD OF TEXAS MANAGEMENT, LLC
  By:  

/s/ Daniel Decker

    Name:   Daniel Decker
    Title:   Manager
  By:  

/s/ Marcus VanVleet

    Name:   Marcus VanVleet
    Title:   Manager
  By:  

/s/ Charles Wetesnick

    Name:   Charles Wetesnick
    Title:   Manager

 

[Signature Page to Joinder]


SEAWORLD OF TEXAS BEVERAGE, LLC
        By:  

/s/ Daniel Decker

  Name:   Daniel Decker
  Title:   Manager
        By:  

/s/ Marcus VanVleet

  Name:   Marcus VanVleet
  Title:   Manager
        By:  

/s/ Charles Wetesnick

  Name:   Charles Wetesnick
  Title:   Manager

 

[Signature Page to Joinder]


Acknowledged and accepted:
BANK OF AMERICA, N.A., as Administrative Agent and Collateral Agent
By:  

/s/ Liliana Claar

Name:   Liliana Claar
Title:   Vice President

 

[Signature Page to Joinder]