Exhibit 10.20.30
SIXTH AMENDMENT TO LETTER AGREEMENT (EUROPEAN FACILITY)
dated January 22, 1997, between the Registrant's foreign
and NBD Bank
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NBD BANK
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000 Xxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Dated as of January __, 1997
Hurco Europe Limited
Hurco GmbH Werkzeugmaschinen
CIM-Bausteine Vertrieb und Service
Re: Sixth Amendment to European Facility
Ladies and Gentlemen:
This letter amends the letter agreement with you dated June 17, 1993,
as previously amended by the letter agreements dated March 24, 1994, as of
January 31, 1995, as of May 31, 1995, as of August 1, 1995, and as of January
16, 1996 (as amended, the "European Facility"), and is being entered into in
conjunction with the Second Amendment to Amended and Restated Credit Agreement
and Term Loan Agreement of even date herewith with your parent, Hurco Companies,
Inc. (the "Amendment ").
The definition of "Expiration Date" in the European Facility is amended
to read as follows:
"Expiration Date" means the earlier to occur of (a)
May 1, 1998, and (b) the date on which NBD declares under
paragraph 13 all principal and interest on indebtedness to NBD
provided under this agreement to be immediately due and
payable.
Should the foregoing be agreeable to you, as it is to us, please
indicate your agreement and acceptance by executing and returning the enclosed
copy of this letter, whereupon the European Facility shall be amended as herein
provided, and references to the European Facility shall be to the European
Facility as so amended. Except as amended hereby, the European Facility shall
remain in full force and effect.
Very truly yours,
NBD Bank
By: _________________________
Its: Vice President
Agreed and accepted:
HURCO EUROPE LIMITED
By: ________________________
Xxxxx X. Xxxx
Its: Director
Dated as of January __, 1997
HURCO GmbH WERKZEUGMASCHINEN
CIM-BAUSTEINE VERTRIEB UND
SERVICE
By: ________________________
Its: General Manager
Dated as of January __, 1997
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