EXHIBIT 10.2(b)
March 5, 0000
Xxxxxxxx Xxxxxx, Xxx.
Xxxxx #0000
0000 Xxxxxxx Xxxxxx XX
Xxxxxxxxxxx, XX 00000
Re: Revolving Credit Agreement dated January 1, 1994, as amended (the
"Revolving Credit Agreement"), between American Paging, Inc. ("API") and
Telephone and Data Systems, Inc. ("TDS")
Ladies and Gentlemen:
This letter will constitute TDS's agreement to amend the Revolving Credit
Agreement, effective January 1, 1997, by changing all references to
"$150,000,000" in the Revolving Credit Agreement to "$180,000,000." All other
terms and conditions of the Revolving Credit Agreement shall remain in full
force and effect.
TDS also hereby waives all defaults or events of defaults by the Company
under the Revolving Credit Agreement resulting from the violation of the
covenant in Section 7(b)(2) of the Revolving Credit Agreement or the insolvency
of the Company from the respective dates from any such default or event of
default through January 1, 1999.
Please acknowledge your agreement to this amendment by executing a copy of
this letter and return it to the undersigned.
Very truly yours,
TELEPHONE AND DATA SYSTEMS, INC.
By: /S/ XXXXXX X. XXXXXXX
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Xxxxxx X. Xxxxxxx
Executive Vice President - Finance
Accepted and agreed to as of the date set forth above.
AMERICAN PAGING, INC.
By: /S/ XXXXXX X. XXXXX
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Xxxxxx X. Xxxxx
Vice President - Finance, Chief
Financial Officer and Treasurer