On November 13, 2018, Monitronics International, Inc. (Monitronics) entered into Amendment No. 8 to the Credit Agreement dated as of March 23, 2012, by and among Monitronics, as borrower, Bank of America, N.A., as administrative agent and the lenders thereto. Amendment No. 8 amended the Credit Agreement, to, among other things, (a) permit the issuance of new 5.500%/6.500% Senior Secured Second Lien Notes, (b) reduce the Revolving Credit Commitments under the revolving portion of the Credit Facility to $250,000,000, (c) create two separate classes of the existing term loan of the Credit Facility, (d) remove Monitronics’ ability to incur incremental equivalent debt under both the Credit Facility Revolver and the Term Loan, (e) increase the interest rates applicable to the Credit Facility Revolver and the Term Loan and (f) amend certain financial covenants. The Non-Extending Term Loan matures on the earlier of 181 days prior to the scheduled maturity date of Monitronics’ outstanding 9.125% senior notes due 2020 if any Existing Unsecured Notes remain outstanding on such date, and September 30, 2022, and the Extending Term Loan matures on the earlier of the Springing Maturity Date, solely if more than $22,500,000 in principal amount of Existing Unsecured Notes is outstanding on such date, and September 30, 2022. The Credit Facility Revolver matures on the earlier of the Springing Maturity Date solely if more than $22,500,000 in principal amount of Existing Unsecured Notes is outstanding on such date (provided that if (1) Monitronics makes a voluntary prepayment of Non-Extending Term Loans (or without the consent of the majority of the lenders under the Credit Facility Revolver if any payment of Non-Extending Term Loans is made on or after the maturity date thereof) or (2) less than all of the lenders under the Credit Facility Revolver are parties to Amendment No. 8, the Credit Facility Revolver will mature 181 days prior to the Springing Maturity Date if any Existing Unsecured Notes remain outstanding on such date), and September 30, 2021. The Non-Extending Term Loan requires quarterly interest payments and quarterly principal payments of 0.25% of the principal amount of Non-Extending Term Loan outstanding on the effective date of Amendment No. 6 to the Credit Agreement. The Extending Term Loan requires quarterly interest payments and quarterly principal payments of (i) commencing with the first full fiscal quarter ending after the effective date of Amendment No. 8 and for the succeeding seven fiscal quarters thereafter (for a total of eight (8) quarters), $9,375,000, less amounts payable in respect of the Non-Extending Term Loan, up to an aggregate amount of $75,000,000 for all such payments in respect of the Term Loan, and (ii) commencing with the ninth fiscal quarter ending after the effective date of Amendment No. 8, 0.25% of the principal amount of the Extending Term Loan outstanding on the effective date of Amendment No. 8. The Non-Extending Term Loan bears interest at LIBOR plus 5.50% subject to a LIBOR floor of 1.0%. The Extending Term Loan bears interest at LIBOR plus 6.50% per annum subject to a LIBOR floor of 1.0%. The Credit Facility Revolver bears interest at LIBOR plus 4.00% for revolving loans held by lenders that do not consent to Amendment No. 8 and 4.75% for revolving loans held by lenders that consent to Amendment No. 8, in each case, subject to a LIBOR floor of 1.0%. There is a commitment fee of 0.5% on unused portions of the Credit Facility Revolver. The amendments to the Credit Agreement contained in Amendment No. 8 will become effective upon the satisfaction of certain conditions contained therein, provided that such conditions are satisfied on or prior to January 31, 2019. These conditions include, among others, (i) the issuance of the Second Lien Notes in accordance with terms in the Transaction Support Agreement (each as defined in Amendment No. 8), (ii) the receipt by Monitronics of $75,000,000 in cash from Ascent Capital Group, Inc. and (iii) the issuance of a ruling in the Convertible Noteholder Action (as defined in Amendment No. 8) denying the plaintiff’s motion for a preliminary injunction.