EXHIBIT 10.13
[LETTERHEAD OF TALBOTS]
December 20, 1996
REQUEST FOR EXTENSION
To: The Sakura Bank, Limited
New York Branch
Re: Revolving Credit Agreement dated as of January 25, 1994, First
Amendment dated November 21, 1995, and Second Amendment dated
April 18, 1996, between The Talbots, Inc. as borrower, and The
Sakura Bank, Limited (the "Agreement")
Dear Sirs:
Pursuant to Section 14(j)(i) of the Agreement, we hereby irrevocably request to
you the one year extension of the Revolving Credit Period (as defined in the
Agreement) so that the Revolving Credit Period if extended pursuant to this
request would expire on January 28, 1999.
We would appreciate it if such extension would be accepted, and, if, so, in
writing.
Very truly yours,
THE TALBOTS, INC.
By: /s/ Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx
Senior Vice President, Finance
ELL:mc
cc: Xx. X. Xxxxxx
Xx. X. Xxxxx
Xx. X. Xxxxx
[LETTERHEAD OF THE SAKURA BANK, LIMITED]
January 24, 1997
Xx. Xxxxxx X. Xxxxxx
Senior Vice President
THE TALBOTS, INC.
000 Xxxx Xxxxxx
Xxxxxxx, XX 00000
Re: Revolving Credit Agreement dated as of January 25, 1994, and as
amended on November 21, 1995 and on April 18, 1996, among The
Talbots, Inc. as borrower, and The Sakura Bank, Limited, (The
"Agreement")
Pursuant to Section 14(j), we hereby inform you that we received your
letter requesting the one year extension of the Revolving Credit Period (as
defined in the Agreement), which will expire on January 28, 1998 and that we
have accepted your request so that it would expire on January 28, 1999.
Very truly yours,
The Sakura Bank, Limited
New York Branch
By /s/ Xxxxxxxxx Xxx
Xxxxxxxxx Xxx
Vice President
cc Mr. Xxxxxxx Xxxxx
Vice President & Treasurer
Jusco (U.S.A.), Inc.
