PCS Acquisition Sub, LLC Watch

from S-4 150 pages $575,000,000 Credit Agreement Dated as of May 10, 2006 Among iPayment, Inc., as the Borrower, Ipayment Holdings, Inc. and the Subsidiaries of the Borrower Identified Herein, as the Guarantors, the Lenders Party Hereto, as Lenders Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, and Jpmorgan Chase Bank, N.A., as Syndication Agent Banc of America Securities LLC, as Sole Lead Arranger and Sole Book Manager