HomeMy WebLinkAbout01-0596Oebtor name (last name frost if individucfl) and mailing address:
SHERIKON, INC.
14500 AVIAN PARKWAY, SUITE 200
CHANTILL¥, VA 20151
Tax ID: 72-1019239
Oeblor name (last name first if individualJ and mailing address:
la
Debtor name (last name li~t if individuaQ and mailing address:
)b
Secured I'~flY(les) name(s} (lost name first it individuail and
address for security interest information:
MELLON B.ad~TIC, N.A., AS COLLATERAL AGENT
1901 RESEARCH BOULEVARD
ROCKVILLE, MD 20850
Assignee(s) el secered S'a~y name(s) (lost name first if
indlviduaJJ and address for security interest information:
FINANCING STATEMENT
Uniform Commercial Code Form UCC-I
IMPORTANT- P!ease read instructions before complefin,q
F0thg No. (stomped by 011ng officer{: Dat~, Time, Filing Office (stompecJ {Dy tiling officer}
5
1he Financing Stateme~~fol?,flj,J~:~Xu~nt to the Uniform Commercial
Code and is to be filed with tt~~ble box).
~SecreJow ut lhe Commonw~Jth.
~Prothonolo~ of P~ C~E~D County.
~reaI estate Rec~ds of County. 6
Number ~ Ad~ffion~ ~heeb {if anv} 7
O~onal Soecl~ Iden~c~on (Max. 10 choracte~): B
COL~TE~L
identi~y co(lateral by item ,and/or N~:
~L NOW O~ED OR ~TER ACQ~D ACCO[~TS,
DOC~ENTS, ~S~ENTS, GENE~ ~T~G~LES, CHATTEL
P~E~ I~S~ENT PROPERTY, GOODS, EQ~P~NT ~D
~VENTORY, ~D PRODUCTS ~ PROCEEDS THE~OF, ~
DESC~ED ON ~EX I ATTACHED ~TO ~ ~CO~O~TED BY
~FE~NCE ~.
2a
Special Types el Forties (Check if applicable):
C"lThe terms "Debtor" and "Secured Party" mean "Lessee"
and "Lesso~", respectively.
['IThe terms "Debtor" and "Secured Party" mean
"Consignee" and "Consignor", respectively.
[] Debtor is o Transmitting Utility. 3
SECURED FARI'Y SIGNATURE(S)
lhb statement Is filed wltfl only Ihe Secured Pafly's signah~e
to pedect a security interest Jn col~teral (check applicable
box,~es))-
a. glacqulred after a change of name, Identity or corporate
structure of the Debtor.
b. J--las to which the filing has lapsed. Debtor Signature(si:
C. already subject to a security interest in anathe~ county in
Pennsylvania -
[]when the collateral was moved to this county,
[]when the Debtor's residence or place of business was
moved to this county.
d. akeady subiect to a security interest in another Jurisdiction -
[]when the collateral was moved to Pennsylvania,
rlwhe~ the Debtor's IocaOon was moved 1o Pennsylvania.
e. []which is proceeds of The aoilateral described in bicck 9,
in which a security interest was previously perfected
describe proceeds in block 9, if purchased with cash
proceeds and not adequately descrlaed on the
adequate¥ descn'bed on the original financing statement. RETURN RECEIPT TO:
[] (check only if deskedl Products of the collateral ore also covered. 9
Identify related ted estate if applicable, The co(lateral is, or incJudes (check
appropriate boxJes) -
a. []crops growing or to be grown on -
b. J-Jgoods which are or are to become fixture on -
c. r'Jmlnerais or the i~e (including oil and gas) as extracted on -
d. rlaccounfs resulting from the sale at minerals or the [ike (including oil and gas) of
the welJhead or minehead on -
the following real estate:
Skeet Address:
Describe at: Book of (check one) [] Deeds r-JModgages, at Page(s).__
for County. Uniform Parcel Identifier
J"JDescn'bed on Additional Sheet.
Name el recerd owner (requYed only if no Debtor has on interesl of record):
DEBTOR SIGNATURE(SI
1
SHER1KON, INC.
Secured I'arty Signature(s):
(Required only if box(es) is checked above):
MELLON BANK, N.A., AS COLLATERAL AGENT
/
Intercounty Clearance Carp
440NinthAvenue
NewYork, NY10001
000O0O8518
10
PA,CUMBERLAND Prothonotary
(1) Filing Office Original
Approved by the Secretory of the CommenweoJth ot Pennsylvania
11
01911
12
ANNEX I
A. This Annex I, consisting of seven (7) pages, is attached to and incorporated in
a financing statement pertaining to (i) the Security Agreement dated as of June 23, 1999
(as further amended, supplemented or otherwise modified from time to time, the
"Security Agreement"), among Anteon Corporation, a Virginia corporation (the
"Borrowe?'), each subsidiary of the Borrower listed on Schedule I thereto (each such
subsidiary individually a "Subsidiary Guarantor" and collectively, the "Subsidiary
Guarantors"; each of the Subsidiary Guarantors and the Borrower are referred to,
individually, as a "Grantor" and, collectively, as the "Grantors") and Mellon Bank,
N.A., a national banking association, as collateral agent (in such capacity, the "Collateral
Agent") for the Secured Parties (as defined below), and (ii) the Credit Agreement dated
as of June 23, 1999 (as further amended, supplemented or otherwise modified from time
to time, the "Credit Agreement"), among the Borrower, the lenders from time to time
party thereto (the "Lenders"), Credit Suisse First Boston, a bank organized under the
laws of Switzerland, acting through its New York Branch, as administrative agent for the
Lenders (in such capacity, the "Administrative Agent") and as issuing bank in such
capacity, the "Issuing Banld'), Mellon Bank, N.A., as Collateral Agent, swingline lender
and syndication agent, and Deutsche Bank AG, New York Branch, as documentation
agent. The Financing Statement that this Annex I is attached to covers all of the
following, whether now owned or hereafter acquired by the Debtor named in the
Financing Statement to which this Annex I is attached (the "Debtor") or in which the
Debtor now has or at any time in the future may acquire any right, title or interest in, to
and under (collectively, the "Collateral"):
(i) all Accounts Receivable;
(ii) all Chattel Paper;
(iii) all Contract Rights;
(iv) all Documents;
(v) all Equipment;
(vi) all General Intangibles;
(vii) all Inventory;
(viii) all cash and cash accounts;
(ix) all Intellectual Property;
(x) all Investment Property; and
>' (xi) all Proceeds;
provided that the Collateral shall not include (i) except as set forth in Section 9-318 of
the.Uniform Commercial Code, any agreement or License which cannot be pledged or
assigned according to its terms or the pledge or assignment of which requires the consent
of any third party unless such third party has consented thereto, (ii) Investment Property
' 2
evidenced by a certificate pledged under the Pledge Agreement, (iii) property subject to a
Lien permitted by Section 6.02(h) of the Credit Agreement and (iv) property acquired
after the Closing Date and subject to Liens permitted by Section 6.02 (1) of the Credit
Agreement to the extent that the terms of the Indebtedness secured by such Liens do not
permit the creation of additional Liens thereon.
B. As used herein, the following terms shall have the following meanings:
"Account Debto?' shall mean any person who is or who may become obligated to tho
Debtor under, with respect to or on account o£an Account.
"Accounts" shall mean any and all fight, title and interest of the Debtor to payment for
goods and services sold or leased, charterhire, freights, sub-freights, including any such
fight evidenced by chattel paper, whether due or to become due, whether or not it has
been earned by performance, and whether now or hereafter acquired or arising in the
future, including accounts receivable from Affiliates of the Debtor.
"Accounts Receivable" shall mean all Accounts and all right, title and interest in any
returned goods, together with all rights, titles, securities and guarantees with respect
thereto, including any fights to stoppage in transit, replevin, reclamation and resales, and
all related security interests, liens and pledges, whether voluntary or involuntary, in each
case whether now existing or owned or hereafter arising or acquired.
"Affiliate" shall mean, when used with respect to a specified person, another person that
directly, or indirectly through one or more intermediaries, Controls or is Controlled by or
is under common Control with the person specified.
"Chattel Paper" shall mean (a) a writing or writings which evidence both a monetary
obligation and a security interest in or a lease of specific Equipment and Co) all other
property now or hereafter constituting "chattel paper" under the Uniform Commercial
Code as in effect in the State of New York or its equivalent in other jurisdictions, in each
case that are now or hereafter owned by the Debtor.
"Cotnmodity Account" shall mean an account maintained by a Commodity Intermediary
in which a Commodity Contract is carried for a Commodity Customer.
"Commodity Contract" shall mean a commodity futures contract, an option on a
commodity futures contract, a commodity option or any other contract that, in each case,
is (a) traded on or subject to the rules of a board of trade that has been designated as a
contract market for such a contract pursuant to the federal commodities laws or
(b) traded on a foreign commodity board of trade, exchange or market, and is carded on
the books of a Commodity Intermediary for a Commodity Customer.
"Commodity Customer" shall mean a person for whom a Commodity Intermediary
.carries a Commodity Contract on its books.
"Commodity Intermediary" shall mean (a) a person who is registered as a futures
commission merchant under the federal commodities laws or CO) a person who in the
ordinary course of its business provides clearance or settlement services for a board of
trade that has been designated as a contract market pursuant to federal commodities laws.
"Contract Rights" shall mean the rights of the Debtor to bill and receive payment under
any and all contracts, agreements or purchase orders, whether now existing or owned or
hereafter arising or acquired.
"Control" shall mean the possession, directly or indirectly, of the power to direct or
cause the direction of the management or policies of a person, whether through the
ownership of voting securities, by contract or otherwise, and the terms "Controlling" and
"Controlled" shall have meanings correlative thereto. ·
"Copyright License" shall mean any written agreement, now or hereafter in effect,
granting any right to the Debtor under any Copyright now or hereafter owned by any
third party, and all fights of the Debtor under any such agreement.
"Copyrights" shall mean all of the following now owned or hereafter acquired by the
Debtor: (a) all copyright fights in any work subject to the copyright laws of the United
States or any other country, whether as author, assignee, transferee or otherwise, and
(b) all registrations and applications for registration of any such cop}night in the United
States or any other country, including registrations, recordings, supplemental
registrations and pending applications for registration in the United States Copyright
Office.
"Documents" shall mean all instruments, files, records, ledger sheets and documents
covering or relating to any of the Collateral.
"Entitlement Holder" shall mean a person identified in the records of a Securities
Intermediary as the person having a Security Entitlement against the Securities
Intermediary. If a person acquires a Security Entitlement by virtue of Section 8-5010o)(2)
or (3) of the Uniform Commercial Code, such person is the Entitlement Holder.
"Equipment" shall mean all equipment, furniture and furnishings, and all tangible
personal property similar to any of the foregoing, including tools, parts and supplies of
every kind and description, and all improvements, accessions or appurtenances thereto,
that are now or hereafter owned by the Debtor. The term Equipment shall include
Fixtures.
"EquiO~ Interests" shall mean shares of capital stock, partnership interests, membership
interests in a limited liability company, beneficial interests in a trust or other equity
ownership interests in a person.
"FinancialAsset" shall mean (a) a Security, 0o) an obligation of a person or a share,
participation or other interest in a person or in property or an enterprise of a person,
which is, or is ora type, dealt with in or traded on financial markets, or which is
recognized in any area in which it is issued or dealt in as a medium for investment or
(c) any property that is held by a Securities Intermediary for another person in a
· .Securities Account if the Securities Intermediary has expressly agreed with the other
-..' person that the property is to be treated as a Financial Asset under Article 8 of the
Uniform Commercial Code. As the context requires, the term Financial Asset shall mean
either the interest itself or the means by which a person% claim to it is evidenced,
including a certificated or uncertificated Security, a certificate representing a Security or
a Security Entitlement.
4
"F/xtures" shall mean all items of Equipment, whether now owned or hereafter acquired,
of the Debtor that become so related to particular real estate that an interest in them arises
under any real estate law applicable thereto.
"General Intangibles" shall mean all choses in action and causes of action and all other
assignable intangible personal property of the Debtor of every kind and nature (other
than Accounts Receivable) now owned or herea~er acquired by the Debtor, including all
rights and interests in partnerships, limited partnerships, limited liability companies and
other unincorporated entities, corporate or other business records, indenmifieation
claims, contract fights (including rights under leases, whether entered into as lessor or"
lessee, Hedging Agreements and other agreements), Intellectual Property, goodwill,
registrations, franchises, tax refund claims and any letter of credit, guarantee, claim,
security interest or other security held by or granted to the Debtor to secure payment by
an Account Debtor of any of the Accounts Receivable.
"Hedging Agreement" shall mean any interest rate swap agreement, interest rate cap
agreement, interest rate collar agreement, foreign exchange contract, currency swap
agreement or similar agreement or arrangement designed to protect the Borrower or any
of the Guarantors against fluctuations in interest or currency exchange rates and not
entered into for speculation.
"Indemnity, Subrogation and Contribution Agreement" shall mean the Indemnity,
Subrogation and Contribution Agreement dated as of June 23, 1999 (as amended,
supplemented or otherwise modified from time to time), among the Borrower, the
Guarantors and the Collateral Agent.
"Intellectual Property" shall mean all intellectual and similar property of the Debtor of
every kind and nature now owned or hereafter acquired by the Debtor, including
inventions, designs, Patents, Copyrights, Licenses, Trademarks, trade secrets,
confidential or proprietary teetmieal and business information, know-how, show-how or
other data or information, software and databases and all embodiments or fixations
thereof and related documentation, registrations and fi:anchises, and all additions,
improvements and accessions to, and books and records describing or used in connection
with, any of the foregoing.
"Inventory" shall mean all goods of the Debtor, whether now owned or hereafter
acquired, held for sale or lease, or furnished or to be furnished by the Debtor under
contracts of service, or consumed in the Debtor's business, including raw materials,
intermediates, work in process, packaging materials, f'mished goods, semi-f'mished
inventory, scrap inventory, manufacturing supplies and spare parts, and all such goods
that have been returned to or repossessed by or on behalf of the Debtor.
"Investment Property" shall mean all Securities (whether certificated or uneertifieated),
Security Entitlements, Securities Accounts, Commodity Contracts and Commodity
_Accounts of the Debtor, whether now owned or hereafter acquired by the Debtor.
"Letter of Credit" shall mean any letter of credit issued pursuant to the Credit Agreement.
"License" shall mean any Patent License, Trademark License, Copyright License or other
license or sublieense to which the Debtor is a party (other than, except as set forth in
Section 9-318 of the Uniform Commercial Code, license agreements which by their
5
terms prohibit assignment or a grant of a security interest by the Debtor as licensee
thereunder or which requires the consent of any third party unless such third party has
consented thereto).
"Loan Documents" shall mean (a) the Credit Agreement, (b) the Letters of Credit, (e) the
Security Documents, (d) the Subsidiary Guarantee Agreement and (e) the Indemnity,
Subrogation and Contribution Agreement.
"Lockbox System" shall mean the system oflockboxes and related deposit accounts
established in the name of the Collateral Agent pursuant to Sectiun 5.01 of the Securit~
Agreement.
"Patent License" shall mean any written agreement, now or hereafter in effect, granting
to the Debtor any right to make, use or sell any invention on which a Patent, now or
hereafter owned by any third party, is in existence, and all rights of the Debtor under any
such agreement.
"Patents" shall mean all of the following now owned or hereafter acquired by the
Debtor: (a) all letters patent of the United States or any other country, all registrations
and recordings thereof, and all applications for letters patent of the United States or any
other country, including registrations, recordings and pending applications in the United
States Patent and Trademark Office or any similar offices in any other country, and
(b) all reissues, continuations, divisions, continuations-in-part, renewals or extensions
thereof, and the inventions disclosed or claimed therein, including the right to make, use
and/or sell the inventions disclosed or claimed therein.
"Pledge~4greement" shall mean the Pledge Agreement dated as of June 23, 1999 (as
amended, supplemented or otherwise modified from time to time), among the Borrower,
subsidiaries of the Borrower party thereto and the Collateral Agent for the benefit of the
Secured Parties.
"Proceeds" shall mean any consideration received from the sale, exchange, license, lease
or other disposition of any asset or propen'y that constitutes Collateral, any value
received as a consequence of the possession of any Collateral and ~ny payment received
from any insurer or other person or entity as a result of the destruction, loss, theft,
damage or other involuntary conversion of whatever nature of any asset or property
which constitutes Collateral or any payment from any insurer in respect of liability or
pollution coverage, and shall include, (a) all cash and negotiable instruments received by
or held on behalf of the Collateral Agent pursuant to the Lockbox System, (b) any claim
of the Debtor against any third party for (and the right to sue and recover for and the
rights to damages or profits due or accrued arising out of or in connection with) (i) past,
present or future infringement of any Patent now or herea~er owned by the Debtor, or
licensed under a Patent License, (ii) past, present or future infringement or dilution of
any Trademark now or hereafter owned by the Debtor or licensed under a Trademark
_License or injury to the goodwill associated with or symbolized by any Trademark now
or hereafter owned by the Debtor, (iii) past, present or future breach of any License and
(iv) past, present or future infringement of any Copyright now or herea~er owned by the
Debtor or licensed under a Copyright License and (c) any and all other amounts from
time to time paid or payable under or in connection with any of the Collateral.
"Secured Parties" shall mean (a) the Lenders, (b) the Administrative Agent, (c) the
Collateral Agent, (d) the Issuing Bank, (e) (i) each countcrparty to a Hedging Agreement
entered into with the Borrower if such counterparty was a Lender (or an Affiliate of a
Lender) at the time the Hedging Agreement was entered into and (ii) Mellon Bank, N.A.
pursuant to a Master Agreement for Swaps dated May 6, 1998, between the Borrower
and Mellon Bank, N.A., (f) the beneficiaries of each indemnification obligation
undertaken by any Grantor under any Loan Document, (g) Mellon Bank, N.A., in
connection with purchase cards issued by Mellon Bank, N.A. and overdrafts and related
liabilities incurred in the ordinary course of business and arising from treasury,
depository and cash management services or in connection with any automated
clearinghouse transfer of fun .ds and (h) the successors and assigns of each of the
foregoing.
"Securities" shall mean any obligations of an issuer or any shares, participations or other
interests in an issuer or in property or an enterprise of an issuer which (a) are represented
by a certificate representing a security in bearer or registered form, orthe transfer of
which may be registered upon books maintained for that purpose by or on behalf of the
issuer, Co) are one of a class or series or by its terms is divisible into a class or series of
shares, participations, interests or obligations and (c)(i) are, or are ora type, dealt with or
traded on securities exchanges or securities markets or (ii) are a medium for investment
and by their terms expressly provide that they are a security governed by Article 8 of the
Uniform Commercial Code.
"Securities Account" shall mean an account to which a Financial Asset is or may be
credited in accordance with an agreement under which the person maintaining the
account undertakes to treat the person for whom the account is maintained as entitled to
exercise rights that comprise the Financial Asset.
"Security Documents" shall mean the Security Agreement, the Pledge Agreement and
each of the security agreements, mortgages and other instruments and documents
executed and delivered pursuant to any of the foregoing or the Credit Agreement.
"Security Entitlements" shall mean the rights and pwperty interests of an Entitlement
Holder with respect to a Financial Asset.
"Securities Intermediary" shall mean (a) a clearing corporation or (b) a person, including
a bank or broker, that in the ordinary course of its business maintains securities acconnts
for others and is acting in that capacity.
"subsidiary" shall mean, with respect to any person (herein referred to as the"parent "),
any corporation, partnership, limited liability coropany, association or other business
entity of which securities or other ownership interests representing more than 50% of the
equity or more than 50% of the ordinary voting power are, at the time any determination
is being made, owned, controlled or held by the parent or one or more subsidiaries of the
.parent or by the parent and one or more subsidiaries of the parent.
"Subsidiary Guarantee Agreement" shall mean the Subsidiary Guarantee Agreement
dated as of June 23, 1999 (as amended, supplemented or otherwise modified from time to
time), among the Subsidiary Guarantors and the Collateral Agent for the benefit of the
Secured Parties.
7
"Trademark License" shall mean any written agreement, now or hereafter in effect,
granting to the Debtor any right to use any Trademark now or hereafter owned by any
third party, and all rights of the Debtor under any such agreement.
"Trademarks" shall mean all of the following now owned or herea~er acquired by the
Debtor:. (a) all trademarks, service marks, trade names, corporate names, company
pames, business names, fictitious business names, trade styles, trade dress, logos, other
source or business identifiers, designs and general intangibles of like nature, now existing
or herea~er adopted or acquired, all reg~a~ations and recordings thereof, and all
registration and recording applications filed in eormection therewith, including
registrations and registration applications in the United States Patent and Trademark
Office, any State of the United States or any similar offices in any other country or any
political subdivision thereof, and all extensions or renewals thereof, (b) all goodwill
associated therewith or symbolized thereby and (c) all other assets, rights and interests
that uniquely reflect or embody such goodwill.