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Exhibit (b)(11)
RADIANT VENTURES I, LLC
c/o Radiant Partners, LLC
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
November 17, 2000
Xx. Xxxx X. Xxxxxxxxx
General Electric Capital Real Estate
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
RE: 000 Xxxx Xxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx
-----------------
Dear Xxxx:
Reference is made to the letter of October 18,2000 wherein Watch Holdings,
LLC agreed to the transfer of ownership interest in Radiant Ventures I, LLC.
This letter is intended to and shall modify paragraph 21 of your October 18,
2000 letter. Please confirm that your consent to the transfer of the membership
interests in the Borrower shall, subject to the requirements of your October 18,
2000 letter, be effective through and including January 31, 2001.
If you are in agreement with the foregoing, please execute this letter on
the space provided below and return it to the undersigned.
Very truly yours,
RADIANT VENTURES I, LLC
By: Radiant Investors, LLC
By: /s/ Xxxxx Xxxxxxxxxxx
------------------------------
Name: Xxxxx Xxxxxxxxxxx
Title: Managing Member
cc: Xxxxxx X. Xxxxxxxx, Esq.
ACCEPTED AND AGREED:
Watch Holdings, LLC
by: General Electric Capital Real Estate,
its Authorized Signatory
By: /s/ Xxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxx X. Xxxxxxxxx
Title: Authorized Signatory
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