THE FIRST NATIONAL BANK OF BOSTON, as Agent
000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
October 15, 1996
Allou Health & Beauty Care, Inc.
and its Subsidiaries
00 Xxxxx Xxxxxxxxx
Xxxxxxxxx, XX 00000
Re: Second Amendment to Second Restated and Amended
Revolving Credit and Security Agreement
-----------------------------------------------
Gentlemen:
Reference is made to the Second Restated and Amended Revolving Credit
and Security Agreement, dated as of June 6, 1996, among the Borrowers, the Agent
and Lenders (the "Loan Agreement"). Capitalized terms defined in the Loan
Agreement shall have the meanings herein ascribed to them therein unless
otherwise defined herein.
As you requested, and pursuant to the terms of Section 10.8(ii) of
the Loan Agreement effective as of the date hereof, the dollar amount set forth
in Section 1.9 is increased from $47,500,000 to $55,000,000, until further
amended in accordance with the terms of the Loan Agreement. Pursuant to the
terms of said Section 10.8(ii), and as evidenced by the signature of the Agent
appearing below, such amendment is hereby consented to in writing by the Agent.
Very truly yours,
THE FIRST NATIONAL BANK OF BOSTON,
As Agent
By: /s/ Xxxxx X. Xxxx
------------------------------
Title: Director
(Signatures Continued on Next Page)
Acknowledged this 15th day of
October, 1996
BORROWERS:
ALLOU HEALTH & BEAUTY CARE, INC.
ALLOU DISTRIBUTORS, INC.
ALLOU PERSONAL CARE CORPORATION
X. XXXXX, INC.
SUPERBUY OF NEW YORK, INC.
RONA BEAUTY SUPPLIES, INC.
HEMPSTEAD HEALTH & BEAUTY AIDS, INC.
PASTEL COSMETIC AND BEAUTY AIDS, INC.
NBA NATIONAL SALES CORP.
NBA DISTRIBUTORS, INC.
XXXX XXXXXX PERSONAL CARE CORP.
STANFORD PERSONAL CARE MANUFACTURING, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
------------------------------
Title SVP & CFO
GUARANTORS:
/s/ Xxxxxx Xxxxxx
------------------------------
Xxxxxx Xxxxxx, Guarantor
/s/ Xxxxxx Xxxxxx
------------------------------
Xxxxxx Xxxxxx, Guarantor
/s/ Xxxx Xxxxxx
------------------------------
Xxxxx Xxxxxx, Guarantor
Copies sent to the following Lenders:
The First National Bank of Boston IBJ Xxxxxxxx Bank & Trust Company Sanwa
Business Credit Corporation LaSalle Business Credit, Inc.
The Bank of Tokyo - Mitsubishi Trust Company
