Exhibit 4.1
EXTENSION AMENDMENT
June 24, 1998
To the Banks parties to the
Credit Agreement referred to
below
Ladies and Gentlemen:
We refer to the Second Amended and Restated Credit Agreement dated as of
September 27, 1989, and amended and restated as of December 22, 1997 (the
"Credit Agreement"), among the undersigned, you and The Chase Manhattan Bank, as
Administrative Agent, and The First National Bank of Chicago, as Documentation
Agent. Unless otherwise defined herein, the terms defined in the Credit
Agreement shall be used herein as therein defined.
Section 10.01 of the Credit Agreement is, effective as of the date first above
written, hereby amended by amending the definition of "Maturity Date" in its
entirety to read as follows: "'Maturity Date' shall mean July 31, 1998."
On and after the effective date of this extension amendment, each reference in
the Credit Agreement to "this Agreement," "hereunder," "hereof" or words of like
import referring to the Credit Agreement, and each reference in the Notes and
the Security Documents to "the Credit Agreement," "thereunder," "thereof" or
words of like import referring to the Credit Agreement, shall mean and be a
reference to the Credit Agreement as amended by this extension amendment. The
Credit Agreement, as amended by this extension amendment, is and shall continue
to be in full force and effect and is hereby in all respects ratified and
confirmed.
If you agree to the terms and provisions hereof, please evidence such agreement
by executing this extension amendment below. This extension amendment shall
become effective as of the date first above written when and if counterparts of
this extension amendment shall have been executed by us and all of the Banks and
the consent attached hereto shall have been executed by the Guarantors.
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This extension amendment may be executed in any number of counterparts and by
any combination of the parties hereto in separate counterparts, each of which
counterparts shall be an original and all of which taken together shall
constitute one and the same extension amendment.
Very truly yours,
THE INTERLAKE CORPORATION
By: /s/Xxxxxxx Xxxxxxx
Title: Vice President
Agreed as of the date first above written:
THE CHASE MANHATTAN BANK,
as a Bank and as Administrative Agent
By:/s/Xxxxxx Xxxxxx
Title: Managing Director
THE FIRST NATIONAL BANK OF CHICAGO,
as a Bank and as Documentation Agent
By: /s/Xxxxx Xxxxx
Title: Sr. Vice President
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CONSENT
Dated as of June 24, 1998
The undersigned, as Guarantors under the Subsidiary Guaranties, as Assignors
under the Subsidiary Security Agreements and/or as Pledgors under the Subsidiary
Pledge Agreements (the Subsidiary Guaranties, the Subsidiary Security Agreements
and the Subsidiary Pledge Agreements being, collectively, the "Credit
Documents"), hereby consent to the foregoing extension amendment and hereby
confirm and agree that (i) the Credit Documents are, and shall continue to be,
in full force and effect and are hereby ratified and confirmed in all respects
except that, on and after the effective date of the foregoing extension
amendment, each reference in the Credit Documents to "the Credit Agreement,"
"thereunder," "thereof" or words of like import referring to the Credit
Agreement shall mean and be a reference to the Credit Agreement as amended by
the foregoing extension amendment, and (ii) the Subsidiary Security Agreements
and the Subsidiary Pledge Agreements and all of the Collateral described therein
do, and shall continue to, secure the payment of all of the Obligations.
CHEM-TRONICS, INC.
XXXX XXXXX SUPPLY COMPANY
INTERLAKE ARD CORPORATION
INTERLAKE PACKAGING CORPORATION
THE INTERLAKE COMPANIES, INC.
INTERLAKE MATERIAL HANDLING, INC.
By: /s/Xxxxxxx X. Xxxxx
Title: Vice President
INTERLAKE DRC LIMITED
By: /s/Xxxxxxx Xxxxxxx
Title: Vice President
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