Exhibit 10.2
PrimeCo PCS, L.P.
c/x Xxxx Atlantic Corporation
0000 Xxxx Xxxxxx, 00xx Xxxxx
Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000
June 16, 2000
Via Facsimile No. 000-000-0000;
Hard Copy to follow via FedEx Overnight Delivery
Xx. Xxxxxx Xxxxxxx
Virginia RSA 6 Cellular Limited Partnership
c/o CFW Communications Company
000 Xxxxxx Xxxx, Xxxxx 000
Xxxxxxxxxx, Xxxxxxxx 00000
Re: Asset Exchange Agreement between PrimeCo PCS, L.P. ("PrimeCo
PCS") and Virginia RSA 6 Cellular Limited Partnership
("Va-6LP"), dated May 17, 2000 (the "Agreement")
Dear Xx. Xxxxxxx:
In light of the recent approval of the Xxxx/GTE Merger (as that term is
defined in the Agreement) by the Federal Communications Commission, and in
consideration of Va-6LP's undertaking to attempt to expedite the High Yield
Issuance, PrimeCo PCS hereby waives the condition precedent to closing set forth
in Section 5.2.5 of the Agreement.
Sincerely,
PRIMECO PCS, L.P.
s/ Xxxxxxx X. Xxxxxxx
Title: President/CEO
cc: Xxxxx Xxxxxx (via facsimile no. 000-000-0000)
Xxxxx Xxxx (via facsimile no. 215-963-9195)
Xxxxx Xxxxx (via facsimile no. 215-557-7249)