Exhibit 99u
[BINSWANGER LETTERHEAD]
13 November 1998
VIA FACSIMILE 000-000-0000
FEDERAL EXPRESS OVERNIGHT
Xxxxxxx X. Xxxxxxx, Esquire
Legal Department
Zenith Electronics Corporation
0000 Xxxxxxxxx Xxxxxx
Xxxxxxxx, XX 00000
Re: Exclusive Agency Agreement - Mexico
Dear Ladies and Gentlemen:
In response to your request, please consider this letter to be permission to use
the contents of the "Property Summary and Value Estimates" evaluation, performed
by Xxxxxxxx Xxxxxxxxxx, concerning Zenith's assets located in Mexico, for public
disclosure as part of Xxxxxx's disclosure to the Securities and Exchange
Commission.
This permission is conditioned upon the notification within such disclosure that
the referenced document is not an appraisal and the value estimates were not
conducted in accordance with MAI Standards. In addition, such summary and value
estimates were prepared prior to Xxxxxxxxxx'x engagement by Xxxxxx and were not
prepared in accordance with any contractual obligation to Zenith.
If you have any questions regarding the scope of the permitted use of these
materials, or this transmittal, you may contact me directly.
Very truly yours,
/s/ Xxxxx X. Xxxxxxx
--------------------
Xxxxx X. Xxxxxxx
cc: Xxxxx X. Xxxxxxxxxx
SMS:css
[BOTTOM LETTERHEAD]
