Exhibit 99.2
December 17, 2001
Loral CyberStar, Inc.
0000 Xxxxxxxx Xxxxxxxxx, Xxxxx 000
Xxxxxxxxx, Xxxxxxxx 00000
Re: Termination of Credit Agreement Obligations
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Ladies and Gentlemen:
Reference is made to the Terminable At Will Demand Line of Credit, dated as of
January 1, 1999 (the "Credit Agreement") by and between Loral CyberStar, Inc.
and Loral Space & Communications Corporation and assigned to Loral SpaceCom
Corporation ("Loral SpaceCom") pursuant to the Assignment and Acceptance,
effective as of September 30, 2000. Loral SpaceCom hereby terminates any
further obligation to make additional advances under the Credit Agreement.
Very truly yours,
LORAL SPACECOM CORPORATION
By: /s/ Xxxxx X. Xxxxx
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Name: Xxxxx X. Xxxxx
Title: Vice President and Assistant Secretary
AGREED AND ACCEPTED BY:
LORAL CYBERSTAR, INC.
By: /s/ Xxxxx X. Xxxxx
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Name: Xxxxx X. Xxxxx
Title: Vice President and Assistant Secretary
