Amendment No. 3
To
Credit Agreement
Dated as of March 1, 1998
Between
MK GOLD COMPANY, as Borrower
And
LEUCADIA NATIONAL CORPORATION, as Lender
This Amendment No. 3, dated as of December 31, 2000, hereby amends the
Credit Agreement entered into as of March 1, 1998, as amended pursuant to
Amendment No. 1, dated as of March 1, 2000, and Amendment No. 2, dated as of
October 17, 2000 (the "Credit Agreement"), between MK GOLD COMPANY, a Delaware
corporation ("Borrower"), and LEUCADIA NATIONAL CORPORATION, a New York
corporation ("Lender").
Borrower and Lender agree as follows:
1. Amendment. The definition of "Termination Date" set forth in Section
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1.1, "Defined Terms," of the Credit Agreement is hereby amended in its entirety
to read as follows:
""Termination Date" shall mean April 1, 2002, or such earlier date as
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may be determined in accordance with subsection 2.1(e)."
2. No Other Amendments. Except as expressly provided in this Amendment No.
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3, the Credit Agreement is not amended, changed or modified, and the Credit
Agreement remains in full force and effect.
3. Effective Date. The effective date of this amendment is December 31,
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2000.
4. Counterparts. This amendment may be executed in two or more
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counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.
[signature page follows]
IN WITNESS WHEREOF, Borrower and Lender have caused this Amendment No. 3 to
be duly executed as of the date first written above.
Borrower: MK GOLD COMPANY,
a Delaware corporation
By: /s/ Xxxx Xxxxxx
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Name: Xxxx Xxxxxx
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Title: CFO
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Lender: LEUCADIA NATIONAL CORPORATION,
a New York corporation
By: /s/ Xxxxxx X. Xxxx
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Name: Xxxxxx X. Xxxx
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Title: EVP
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