Exhibit (a)(5)
BANKERS TRUST COMPANY
000 XXXXXXX XXXXXX
XXX XXXX, XXX XXXX 00000
February 23, 1998
X.X. Childs Equity Partners, L.P.
0 Xxxxxxx Xxxxxx
00xx Xxxxx
Xxxxxx, XX 00000
Attention: Xxxxxx X. Xxxxx
re: Senior Secured Financing / Amendment to Financing Letter
Dear Xxxxx:
Reference is hereby made to our letter agreement to you dated as of
January 22, 1998 (the "Financing Letter") concerning the financing of the
proposed Recapitalization and related transactions described therein.
Terms used in the Financing Letter shall have the same meaning when used in
this amendment to the Financing Letter (this "Amendment").
Each of the parties hereto agrees to amend the Financing Letter by:
(i) deleting the second reference to"$25 million" appearing on
page 2 of the Financing Letter and inserting the text "$30 million" in
lieu thereof; and
(ii) deleting the text "$25 million" appearing on page 1 of
Exhibit A to the Financing Letter and inserting the text "$30 million"
in lieu thereof.
This Amendment and the rights and obligations of the parties hereto
shall be governed by, and construed in accordance with, the laws of the
State of New York.
This Amendment shall be effective when each party hereto shall have
signed a written counterpart hereof and shall have delivered the same to
Bankers Trust Company.
This Amendment shall not be amended or modified except in writing
signed by the parties hereto.
This Amendment may be executed in one or more counterparts, each of
which shall be an original, but all of which shall constitute but one and
the same instrument.
BANKERS TRUST COMPANY
By /s/ Xxxxx X. Xxxx
---------------------------
Title: Vice President
Confirmed and Agreed, this
23rd day of February, 1998.
X.X. CHILDS EQUITY PARTNERS, L.P.
By: X.X. Childs Advisors, L.P.,
its General Partner
By: X.X. Childs Associates, L.P.,
its General Partner
By: X.X. Childs Associates, Inc.,
its General Partner
By:_________________________________
Title:
