EX-10.20
from 10-K
7 pages
A. the Following Defined Terms Are Hereby Alphabetically Added to Section 1.1 of the Agreement or Amended and Restated in Their Entirety to Read as Follows: “Letter of Credit” Means a Commercial or Standby Letter of Credit or Similar Undertaking Issued by Bank at Borrower’s Request in Accordance With Section 2.1(b). “Letter of Credit Sublimit” Means a Sublimit for Letters of Credit Under the Revolving Line Not to Exceed $1,000,000. B. the First Sentence of Section 2.1(a)(i) of the Agreement Is Hereby Amended and Restated in Its Entirety to Read as Follows: “Subject to and Upon the Terms and Conditions O This Agreement (1) Borrower May Request Advances in an Aggregate Outstanding Amount Not to Exceed the Revolving Line, Less Any Amounts Outstanding Under the Letter of Credit, and (2) Amounts Borrowed Pursuant to This Section 2.1(a) May Be Repaid and Reborrowed at Any Time Prior to the Revolving Maturity Date, at Which Time All Advances Under This Section 2.1(a) Shall Be Immediately Due and Payable.” C. Two New Subsections Are Hereby Added to Section 2.1 of the Agreement to Read as Follows: “(B) Letter of Credit Sublimit. Subject to the Availability Under the Revolving Line, and in Reliance on the Representations and Warranties of Borrower Set Forth Herein, at Any Time and From Time to Time From the Date Hereof Through the Business Day Immediately Prior to the Revolving Maturity Date, Bank Shall Issue for the Account of Borrower Such Letters of Credit as Borrower
12/34/56