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EXHIBIT 4.19.01
SUPPLEMENT TO
SECOND AMENDED AND RESTATED SUBSIDIARY GUARANTY
SECOND AMENDED AND RESTATED SUBSIDIARY GUARANTY AND SECURITY
AGREEMENT, dated as of August 24, 2000, by and among the Guarantors party
thereto, Salem Communications Holding Corporation and The Bank of New York, as
Administrative Agent (as the same may be amended, supplemented or otherwise
modified from time to time, the "Agreement").
November 7, 2000
Capitalized terms used herein which are not otherwise defined herein
shall have the respective meanings ascribed thereto in the Agreement. Pursuant
to Section 15 of the Agreement, by execution and delivery of this Supplement
and, upon acceptance hereof by the Administrative Agent, the undersigned (i)
shall be, and shall be deemed to be, a "Guarantor" under, and as such term is
defined in, the Agreement, (ii) shall have made, and shall be deemed to have
made, the representations and warranties contained in Section 5 of the Agreement
on and as of the date hereof, (iii) as security for the payment and performance
in full of its Guarantor Obligations, does hereby create and grant to the
Administrative Agent, its successors and permitted assigns, for its benefit and
the ratable benefit of the Secured Parties, their respective successors and
permitted assigns, a security interest in the Collateral (as defined in the
Agreement) of the Additional Guarantor and (iv) shall have made, and shall be
deemed to have made, all of the covenants and agreements of a Guarantor set
forth in the Agreement.
SALEM COMMUNICATIONS ACQUISITION
CORPORATION
By: /s/ Xxxxxxxx X. Block
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Name: Xxxxxxxx X. Block
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Title: Vice President, Secretary and General Counsel
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Address for Notices:
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Attention: Xxxxxxxx X. Block
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Telephone: (000) 000-0000
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Telecopy: (000) 000-0000
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Ex 4.19.01 cont'd
Accepted and agreed to as
of the date first above written:
THE BANK OF NEW YORK, as Administrative Agent
By: /s/ Xxxxxxx X. Xxxxxxx
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Name: Xxxxxxx X. Xxxxxxx
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Title: Vice President
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[SCHEDULES CORRESPONDING TO THE SCHEDULES
IN THE AGREEMENT ARE TO BE ATTACHED]
