EXHIBIT 10.34
SECOND AMENDMENT TO LOAN AGREEMENT
THIS SECOND AMENDMENT to the Loan Agreement, ("Amendment") dated August
2, 1997, is by and between Bank One Colorado NA ("Lender"), and Colorado
Technical University, Inc., A Colorado Corporation ("Borrower").
RECITALS
NOW, THEREFORE, in consideration of the Loan and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Borrower agrees to the following Amendment:
An additional $200,000.00 loan for the purchase of equipment and
vehicles dated February 20, 1997, has been made. All other terms and conditions
shall remain the same.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of this 24th day of February, 1997.
BORROWER: GUARANTOR:
Colorado Technical University, Inc., MDJB, Inc.
A Colorado Corporation A Delaware Corporation
By: /S/ XXXXX X. X'XXXXXXX By: /S/ XXXXX X. X'XXXXXXX
====================================== =====================================
Xxxxx X. X'Xxxxxxx, President Xxxxx X. X'Xxxxxxx, President
and Chairman of the Board
LENDER:
Bank One Colorado, N.A.
By: /S/ XXXXXXX X. XXXXXXXXXXX
======================================
Xxxxxxx X. Xxxxxxxxxxx
Vice President
