DEUTSCHE BANK TRUST COMPANY AMERICAS 60 WALL STREET NEW YORK, NEW YORK 10005 July 30, 2008
Exhibit 10.8
DEUTSCHE BANK TRUST COMPANY AMERICAS
00 XXXX XXXXXX
XXX XXXX, XXX XXXX 00000
00 XXXX XXXXXX
XXX XXXX, XXX XXXX 00000
July 30, 2008
Xxxxxxx, Inc.
1041 000 Xxxxxxxxx Xxxxxx Xxxxx
Xxxx Xxxx, Xxxxx Xxxxxxxx 00000
Attention: Chief Financial Officer
and Treasurer and Chief Accounting Officer
1041 000 Xxxxxxxxx Xxxxxx Xxxxx
Xxxx Xxxx, Xxxxx Xxxxxxxx 00000
Attention: Chief Financial Officer
and Treasurer and Chief Accounting Officer
Re: Xxxxxxx, Inc. Credit Agreement dated as of February 27, 2008
Reference is hereby made to that certain Credit Agreement, dated as of February 27, 2008, by
and among Xxxxxxx, Inc. (the “Funds Administrator”) and the other Borrowers party thereto,
as debtors and debtors in possession, as Borrowers, the Lenders from time to time party thereto,
Deutsche Bank Trust Company Americas, as Administrative Agent (in such capacity, the
“Administrative Agent”) and Collateral Agent, and the other agents signatory thereto (as
amended, restated, supplemented, or otherwise modified from time to time, the “Credit
Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the
meanings assigned to such terms in the Credit Agreement.
The undersigned Administrative Agent, on behalf of the Majority Lenders, hereby consents to
the Funds Administrator’s request that Section 9.1(i)(xv) of the Credit Agreement be modified by
deleting the date “July 30, 2008” in sub clause (iv) thereof and replacing it with “August 4,
2008”.
Except as expressly provided herein with respect to Section 9.1(i)(xv) of the Credit
Agreement, (i) this letter shall not be construed as a consent, waiver or other modification with
respect to any term, condition, or any other provision of the Credit Agreement or any other Loan
Document, and each of the Loan Documents shall remain in full force and effect, and (ii) neither
this letter, nor any other communication between the Administrative Agent and the Funds
Administrator or any other Borrower shall be deemed to be a waiver, modification, or release of any
Default or Event of Default, whether such Default or Event of Default arose or arises before, on or
after the date hereof and whether or not known to the Administrative Agent
[signature page follows]
Very truly yours, | ||||||
DEUTSCHE BANK TRUST COMPANY | ||||||
AMERICAS, as Administrative Agent | ||||||
By: | /s/ Xxxxxxxxxx Xxxxxx | |||||
Title: | Director | |||||
By: | /s/ Xxxxxxx Xxxxxxxx | |||||
Title: | Vice President |
Acknowledged and agreed as of | ||||
This 31 day of July, 2008 | ||||
XXXXXXX, INC. | ||||
By:
|
/s/ Xxxxx X. Xxxxxxxx | |||
Title:
|
Chief Financial Officer |
Signature Page to Waiver