June 18, 1997
VIA FACSIMILE AND U.S. MAIL
---------------------------
Xxxx X. Xxxxxxx, Esq.
Brownstein, Hyatt, Xxxxxx
& Xxxxxxxxxx, P.C.
000 00xx Xxxxxx
00xx Xxxxx
Xxxxxx, Xxxxxxxx 00000
Re: Sanwa Business Credit Corporation ("Sanwa"): Brothers Gourmet
Coffee, Inc. (the "Company") - Forbearance Agreement, Dated
May 15, 1997 - (the "Forbearance Agreement")
Dear Xxxx:
I write on behalf of Sanwa in furtherance of my letter to you dated
May 27, 1997. All capitalized terms used in this letter but not otherwise
defined herein shall have the meanings ascribed to them in the Forbearance
Agreement. Sanwa agrees that the date of June 22, 1997 contained at Section
5.4(c) of the Forbearance Agreement is hereby deleted in its entirety and
replaced with the date July 7, 1997. Additionally, in the event that the
Company receives a written commitment to lend from BankBoston on or before July
7, 1997, then Sanwa will not require the Company to retain the Consultant under
Section 5.4 of the Forbearance Agreement until the earlier of either August 1,
1997 or such date as BankBoston advises the Company that it is no longer
obligated under its commitment letter or is no longer pursuing refinancing on
terms set forth in the commitment letter.
Very truly yours,
Xxxxx Xxxx Xxxxx
Xxxx Xxxxxxx
May 27, 1997
Page 2
TJM/cal
cc: Xxxx Xxxxxx
Xxxxxxx X. Xxxxxxx, Esq.
