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EXHIBIT 10.27.2
AMENDMENT NO. 2
THIS AMENDMENT NO. 2 (this "Amendment No. 2") is made and entered into
as of February 28, 2001, by and between CRICKET COMMUNICATIONS HOLDINGS, INC., a
Delaware corporation ("Holdings"), CRICKET COMMUNICATIONS, INC., a Delaware
corporation ("Borrower"), and ERICSSON CREDIT AB ("Ericsson"), individually and
as Administrative Agent.
Reference is made to the Credit Agreement, dated as of October 20, 2000,
among Holdings, Borrower, the Lenders party thereto, and Ericsson, as
Administrative Agent (the "Credit Agreement"). Terms used in this Amendment No.
2 with initial capital lettering and not defined herein are used herein as
defined in the Credit Agreement.
RECITAL
The parties desire to enter into an amendment to Section 2.16(d) of the
Credit Agreement to the extent set forth in this Amendment No. 2.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing recital and the mutual
covenants herein set forth, and intending to be legally bound, each of the
parties hereto agrees as follows:
1. AMENDMENT. The proviso in Section 2.16(d) of the Credit Agreement is
hereby amended to read in its entirety as follows:
"provided that (i) if any such participations are purchased and
all or any portion of the payment giving rise thereto is recovered, such
participations shall be rescinded and the purchase price restored to the extent
of such recovery, without interest, (ii) the provisions of this paragraph shall
not be construed to apply to any payment made by the Borrower pursuant to and in
accordance with the express terms of this Agreement or any payment obtained by a
Lender as consideration for the assignment of or sale of a participation in any
of its Loans to any assignee or participant, other than to the Borrower or any
Subsidiary or Affiliate thereof (as to which the provisions of this paragraph
shall apply) and (iii) the provisions of this paragraph shall not be construed
to apply to any payments arising from any insurance, guarantees or other credit
support obtained by a Lender at its own expense (other than any such support
provided by or at the expense of the Borrower or any Subsidiary or Affiliate
thereof)."
2. LIMITED EFFECT OF AMENDMENT NO. 2; FULL FORCE AND EFFECT. This
Amendment No. 2 is for the limited purposes set forth herein and is limited
strictly as written, and shall not obligate the Required Lenders to enter into
or provide any future amendment, consent, waiver or departure from the terms and
conditions of the Credit Agreement. Except as expressly amended hereby, the
Credit Agreement shall continue in full force and effect.
3. EFFECTIVE DATE. This Amendment No. 2 shall not become effective until
the date on which the Administrative Agent has received executed copies of this
Amendment No. 2 from Holdings, the Borrower and the Required Lenders.
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4. APPLICABLE LAW. THIS AMENDMENT NO. 2 SHALL BE GOVERNED BY, AND SHALL
BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
5. COUNTERPARTS. This Amendment No. 2 may be executed in counterparts,
each of which when so executed shall be deemed an original, but all such
counterparts together shall constitute but one and the same instrument;
signature pages may be detached from multiple separate counterparts and attached
to a single counterpart so that all signature pages are physically attached to
the same document.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2
to be executed by their respective authorized officers as of the day and year
first written ABOVE.
CRICKET COMMUNICATIONS HOLDINGS, INC
By: /s/ X.X. XXXXXXX
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Name: X.X. Xxxxxxx
Title: President & COO
CRICKET COMMUNICATIONS, INC.
By: /s/ X.X. XXXXXXX
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Name: X.X. Xxxxxxx
Title: President & COO
ERICSSON CREDIT AB, individually and
as Administrative Agent
By: /s/ XXXXX EVERUM
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Name: Xxxxx Everum
Title:
By: /s/ PETTER JARTBY
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Name:
Title:
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