1
Exhibit 10 (xvii)
Figgie International Inc.
0000 Xxxxxxx Xxxx
Xxxxxxxxxx, Xxxx 00000
June 6, 1996
General Electric Capital Corporation,
as Agent and Lender
000 Xxxx Xxxxx Xxxx
Xxxxxxxx, XX 00000-0000
Gentlemen:
Reference is made to that certain Credit Agreement, dated as of December
19, 1995, as amended, among Figgie International Inc., the lenders party thereto
and General Electric Capital Corporation, as agent for such lenders (the "Credit
Agreement"). This letter is Amendment No. 3 to the Credit Agreement.
Capitalized terms defined in the Credit Agreement are used herein as so defined.
The Credit Agreement is amended as follows:
(a) Section 5.3 is amended by deleting all the words after the word
"Financials" on the sixth line thereof.
(b) Section 11.9 is amended by deleting "on Schedule 11.10" in the fourth
line from the end thereof and substituting the words "in Section 11.10(c)".
(c) The reference to "Schedule 11.9" in the definition of Eligible
Equipment in Annex A is hereby deleted and "Schedule 1.5(c)" is substituted
therefore. Attached hereto is Schedule 1.5(c) to the Credit Agreement which was
inadvertently omitted from the Schedules to the Credit Agreement at the time it
was signed.
(d) The references to Schedule 3.4 - Financial Statements and Projections
and Schedule 6.5 - Acquisitions in the Index of Annexes, Schedules and Exhibits
is hereby deleted and Schedule 1.5(c) - Eligible Equipment is added thereto.
This Amendment No. 3 shall be deemed to be effective as of December 19,
1995. Except as amended hereby, the Credit Agreement is hereby ratified and
confirmed and shall remain in full force and effect.
2
Kindly confirm your agreement to the foregoing by signing below where
indicated.
Very truly yours,
FIGGIE INTERNATIONAL
By: /s/
Xxxxx X. Xxxxxxx
Confirmed and Agreed to:
GENERAL ELECTRIC CAPITAL CORPORATION,
as Agent and Lender
By: /s/