Exhibit 10.35
BCP FUNDING, LLC
c/o Boston Capital Corporation
Xxx Xxxxxx Xxxxx
Xxxxxx, XX 00000-0000
February 23, 2004
CERTIFIED MAIL
RETURN RECEIPT REQUESTED
Arlington Street RE, Inc.
c/o Holland & Knight LLP
00 Xx. Xxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Attn: Xxxxxxx X. Xxxxxx, Esq.
RE: ELECTION TO EXTEND MATURITY DATE
Ladies and Gentlemen:
Reference is made to the Loan Agreement dated May 31 2003 ("Loan
Agreement") between BCP Funding LLC, a Delaware limited liability company
("Borrower") and you, as agent for the Lenders named therein. Please consider
this formal written notice that the Borrower hereby elects to extend the
Maturity Date of the Loan for one additional period of six months from May 31
2003 to November 30, 2004 as provided in the Loan Agreement.
By its authorized signature below, Borrower hereby represents, warrants and
certifies to Agent and Lenders that there is currently outstanding no Default
or Event of Default.
All capitalized terms used herein shall have the meanings defined in the
Loan Agreement.
Very truly yours,
BCP FUNDING, LLC, by Boston Capital
Companion Limited Partnership, Sole Member,
Boston Capital Partners II Corporation, sole General
Partner
By: /s/ Xxxxxxx X. Xxxxxxxxx
----------------------------
Name: Xxxxxxx X. Xxxxxxxxx
Title: Senior Vice President and Treasurer