MEDALLION FUNDING CORP. By /s/ Xxxxx X. Xxxxxxxx ----------------------- Name: Xxxxx X. Xxxxxxxx Title: Chief Executive Officer By /s/ Xxxxx Xxxx ---------------- Name: Xxxxx X. Xxxx Title: Chief Financial Officer The foregoing Second Amendment Agreement is hereby accepted and agreed to as of the date aforesaid. The Travelers Insurance Company By /s/ A. Xxxxxxx Xxxxxxxx ------------------------- Name: A. Xxxxxxx Xxxxxxxx Title: Second Vice President First Citicorp Life Insurance Company By Travelers Asset Management International Company LLC By /s/ A. Xxxxxxx Xxxxxxxx ------------------------- Name: A. Xxxxxxx Xxxxxxxx Title: Second Vice President Citicorp Life Insurance Company By Travelers Asset Management International Company LLC By /s/ A. Xxxxxxx Xxxxxxxx ------------------------- Name: A. Xxxxxxx Xxxxxxxx Title: Second Vice President United of Omaha Life Insurance Company By /s/ Xxxxx X. Xxxxxxxx, Xx. ---------------------------- Name: Xxxxx X. Xxxxxxxx, Xx. Title: First Vice President Companion Life Insurance Company By /s/ Xxxxx X. Xxxxxxxx, Xx. ---------------------------- Name: Xxxxx X. Xxxxxxxx, Xx. Title: First Vice President Each of the undersigned hereby reaffirms and ratifies all of its agreements and obligations under the Note Documents which such Person is party to, and confirms that it consents to the amendment of the Existing Note Purchase Agreements as set forth above. Medallion Taxi Media By /s/ Xxxxxx X. Xxxxxxxx ------------------------ Name: Xxxxxx X. Xxxxxxxx Title: Chief Executive Officer and Director By /s/ Xxxxxxx Xxxxxx -------------------- Name: Xxxxxxx Xxxxxx Title: President Medallion Financial Corp. By /s/ Xxxxxx X. Xxxxxxxx ------------------------ Name: Xxxxxx X. Xxxxxxxx Title: President and Director By /s/ Xxxxx X. X'Xxxxx ---------------------- Name: Xxxxx X'Xxxxx Title: Chief Operating Officer Schedule 1 Principal Amount and Series of Name of Holder of Outstanding Notes Held as of Outstanding Notes June 29, 2001 The Travelers Insurance Company $10,000,000 Series A $10,000,000 Series B First Citicorp Life Insurance Company $ 1,000,000 Series A $ 1,000,000 Series B Citicorp Life Insurance Company $ 1,000,000 Series A $ 1,000,000 Series B $ 500,000 Series A $ 500,000 Series B United of Omaha Life Insurance Company $ 8,500,000 Series A $ 8,500,000 Series B Companion Life Insurance Company $ 1,500,000 Series A $ 1,500,000 Series B Schedule 1 (to First Amendment Agreement) Form of Amendment to Financial Agreement Exhibit A (to First Amendment Agre...
MEDALLION FUNDING CORP. Medallion Business Credit LLC Asset-Based Loans ( %*) Medallion Financial Corp.
MEDALLION FUNDING CORP. Medallion Business Credit LLC Other loans ( %*) Medallion Financial Corp. Medallion Funding Corp. Medallion Business Credit LLC AGGREGATE NET PRINCIPAL AMOUNT of all Eligible Underlying Loans owned by the Borrower and all Pledgors (as more particularly described on the attached spread sheets) ADVANCE RATE BORROWING BASE OUTSTANDING LOAN BALANCE AVAILABILITY/(OVERADVANCE) * Represents the ratio, expressed as a percentage, that (i) the aggregate net principal amount owned by the Borrower and all Pledgors in such type of loan bears to (ii) the aggregate net principal amount owned by the Borrower and all Pledgors in all Eligible Underlying Loans. ** Represents the aggregate net principal amount owned by such entity in such loan. The Borrower certifies that the foregoing information is true, correct and complete as of the date of this Certificate. The Borrower understands that the Bank will rely upon the information set forth in this Certificate in making an Advance to the Borrower under the Loan Agreement. Date: MEDALLION FINANCIAL CORP. By: Name: Title: Schedule I Underlying Loans Schedule II Permitted Indebtedness Letter of Credit in the amount of $30,000 payable to 126 Street Parking Associates, c/x Xxxxxx Xxxx Properties LLC and AB Properties, 0000 Xxxxxx xx xxx Xxxxxxxx, Xxx Xxxx, Xxx Xxxx 00000. Schedule III Permitted Liens Schedule IV Subsidiaries Medallion Funding Corp. Medallion Business Credit, LLC Medallion Capital, Inc. Business Lenders, LLC Medallion Bank Medallion Taxi Media, Inc. Medallion Media Japan, Ltd. Freshstart Venture Capital Corp. MedOreo Corp., Inc. Schedule V Pending or Threatened Litigation None Schedule VI Offices and Locations of Books and Records 000 Xxxxxxx Xxxxxx 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 00-00 00xx Xxxxx Xxxx Xxxxxx Xxxx, Xxx Xxxx 00000 00 Xxxxx Xxxxxx Hartford, Connecticut 06103 000 Xxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxxx, Xxx Xxxxxx 00000 Schedule VII
MEDALLION FUNDING CORP. First Amendment Agreement Finance Assets or the ratio of Net Finance Assets to the sum of Senior Debt and SBA Debt being less than 1.20:1 at any time during the year 2000, but excluding any Default or Event of Default which may arise or have arisen in the event that the ratio of Forbearance Net Finance Assets to Adjusted Minimum Asset Coverage as of December 31, 2000 is less than .97:1.
MEDALLION FUNDING CORP. By /s/ Xxxxx Xxxxxxxx ------------------- Name: Xxxxx Xxxxxxxx Title: Chief Executive Officer By /s/ Xxxxx X. Xxxx ------------------ Name: Xxxxx X. Xxxx Title: Corporate Controller
MEDALLION FUNDING CORP. By______________________________________ Its___________________________________ Exhibit C (to First Amendment Agreement) [Form of Series B Note]
MEDALLION FUNDING CORP. By______________________________________ Its___________________________________ E-1(b)-2 Form of Amendment to Financial Agreement Form of Amendment to Bank Loan Agreement
MEDALLION FUNDING CORP. Second Amendment Agreement Re: Note Purchase Agreements dated as of June 1, 1999 and $22,500,000 7.20% Senior Secured Notes, Series A due June 1, 2004 and $22,500,000 7.20% Senior Notes, Series B due September 1, 2004 To each of the institutional investors named on Schedule 1 attached hereto (the "Holders") Ladies and Gentlemen: Reference is made to the separate Note Purchase Agreements each dated as of June 1, 1999, as amended by that certain First Amendment Agreement dated March 30, 2001 (the "Existing Note Purchase Agreements") between Medallion Funding Corp., a New York corporation (the "Company") and each of the Purchasers named on Schedule A attached thereto (the "Purchasers"), respectively, pursuant to which the Company issued and sold (i) $22,500,000 aggregate principal amount of its 7.20% Senior Secured Notes, Series A, due June 1, 2004 and (ii) $22,500,000 aggregate principal amount of its 7.20% Senior Secured Notes, Series B, due September 1, 2004, all of which are currently outstanding (collectively, the "Outstanding Notes"). The Existing Note Purchase Agreements, as amended hereby, are hereinafter referred to as the "Note Purchase Agreements."
MEDALLION FUNDING CORP. Second Amendment Agreement appreciation or depreciation on investments, of the Company for such period, which shall be an amount equal to net revenues and other proper items of income less than aggregate for the Company of any and all items that are treated as expenses under GAAP and, to the extent applicable thereto, the regulations of the SEC applicable to investment companies, after realized gains on investments have been added thereto and realized losses on investments have been subtracted therefrom and net of unrealized appreciation or depreciation on investments.
MEDALLION FUNDING CORP. Second Amendment Agreement
