McMs Inc Watch

from 10-Q ~5 pages At the Present Time, Certain Events of Default Have Occurred and Are Continuing Under the Loan Agreement. Although Administrative Agent and Lenders Are Not Presently Taking Any Immediate Action With Respect to the Above-Mentioned Events of Default, They Are Reserving All of Their Rights and Remedies. in Consideration of the Foregoing and for Other Good and Valuable Consideration, the Receipt of Which Is Hereby Acknowledged, We Hereby Agree That the Following Defined Terms in the Loan Agreement Are Amended in Their Entirety to Provide as Follows: “Maximum Facility Advance Amount” Shall Mean $70,000,000. “Maximum Facility Amount” Shall Mean the Difference Between (I) $62,000,000 Minus (II) Repayments of the Equipment Loans. “Maximum Revolving Advance Amount” Shall Mean $52,000,000

from S-1 ~50 pages Material contract