October 31, 2003 Aames Capital Corporation 350 S. Grand Avenue 40th Floor Los Angeles, CA 90071 Attn: Jon Van Deuren Re: Revolving Credit and Security Agreement Dear Ladies and Gentlemen:
October 31, 2003
Aames
Capital Corporation
000 X. Xxxxx Xxxxxx 00xx
Xxxxx
Xxx Xxxxxxx,
XX 00000
Attn: Xxx Van Deuren
Re: Revolving Credit and Security Agreement
Dear Ladies and Gentlemen:
Reference is hereby made to that Revolving Credit and Security Agreement by and between Countrywide Warehouse Lending (“Lender”), Aames Capital Corporation and Aames Funding Corporation (collectively “Borrower”) dated June 26, 2003 (the “Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Agreement.
Lender and Borrower hereby extend the Term of the Agreement to November 30, 2003, (the “Extension”), at which time the Agreement will expire.
Nothing herein shall affect the rights and remedies of Lender under the Agreement and all terms and conditions of the Agreement remain in full force and effect during the Extension. This letter agreement shall be construed in accordance with and governed by the laws of the State of California, without regard to principles of conflicts of laws.
Please acknowledge your agreement to the terms and conditions of this letter by signing in the appropriate space below and returning a copy of the same to the undersigned. Facsimile signatures shall be deemed valid and binding to the same extent as the original.
Sincerely,
| COUNTRYWIDE WAREHOUSE LENDING | ||
| As Lender | ||
| By: ___________________________ | ||
| Xxxxxx
X. Xxxxxxxx |
||
| AGREED TO AND ACCEPTED BY: | AGREED TO AND ACCEPTED BY: | |
| Aames Capital Corporation | Aames Funding Coroporation | |
| As Borrower | As Borrwer | |
| By:____________________________ | By:____________________________ | |
| Name: | Name: | |
| Title: | Title: |
