ROSENTHAL & ROSENTHAL, INC. New York, NY 10018
Exhibit 10.19
XXXXXXXXX & XXXXXXXXX, INC.
0000
Xxxxxxxx
Xxx
Xxxx, XX 00000
November
2, 2018
00 Xxxx Xxxxxx, 00xx
Xx Xxxxxx, XX
00000
Ladies
and Gentlemen:
Reference
is made to the Financing Agreement entered into between us dated
December 18, 2012, as amended and/or supplemented (the "Financing
Agreement"). Capitalized terms used herein and not otherwise
defined shall have the meanings given them in the Financing
Agreement.
This
will confirm that, effective the date hereof, the Financing
Agreement is hereby amended as follows:
1.
Section
1.22 is amended and restated in its entirety so as to read as
follows:
"1.22.
"Margin" shall mean one and one quarter percent (1.25%) per
annum."
2.
Section
3.2 is amended and restated in its entirety so as to read as
follows:
"3.2
Borrower shall pay to Lender a facility fee payable on the Closing
Date in the amount of 1% of the Maximum Credit Facility and on the
anniversary of such date in each succeeding year, in the amount of
0.75% of the Maximum Credit Facility."
Except
as hereinabove specifically set forth, all of the terms and
conditions of the Financing Agreement shall remain in full force
and effect and shall continue unmodified.
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Very
truly yours,
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XXXXXXXXX
& XXXXXXXXX, INC.
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By:
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Xxxxx
Xxxxx, Vice President
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By:
Xxxxx Xxxxxxx President and CEO