EXHIBIT 4(b)(ii)
AMENDMENT NO. 2
THIS AMENDMENT NO. 2 (the "Amendment") dated as of January 7,
1999, to the Credit Agreement referenced below, is by and
among XXXXX GROUP, INC., a New York corporation, certain of its
subsidiaries and affiliates identified herein, the lenders
identified herein and NATIONSBANK, N.A., as successor to The
Boatmen's National Bank of St. Louis, as Agent. Terms used but
not otherwise defined shall have the meanings provided in the
Credit Agreement.
W I T N E S S E T H
WHEREAS, a $155 million credit facility has been established
in favor of Xxxxx Group, Inc. (the "Borrower") pursuant to the
terms of that Credit Agreement dated as of January 9, 1997,
amended by Amendment No. 1 dated October 8, 1997 (as amended and
modified, the "Credit Agreement") among the Borrower, the
Guarantors and Lenders identified therein, First Chicago Capital
Markets, Inc., as Syndication Agent, and The Boatmen's National
Bank of St. Louis, a national banking association now known as
NationsBank, N.A., as Agent;
WHEREAS, the Borrower has requested certain modifications to
the Credit Agreement;
WHEREAS, the modifications requested require the consent of
the Required Lenders;
WHEREAS, the Required Lenders have agreed to the requested
modifications on the terms and conditions set forth herein;
NOW, THEREFORE, IN CONSIDERATION of the premises and other
good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties hereto agree as
follows:
1. The Credit Agreement is amended and modified in the
following respects:
1.1 The definition of "Termination Date" in Section
1.1 is amended and modified to read as follows:
"Termination Date" means January 9, 2001, as extended
in accordance with Section 2.6.
1.2 Section 6.18 (Capital Expenditures) is amended by
replacing the reference in clause (i) to "$25,000,000" with
"$30,000,000". This change is effective beginning with the
Borrower's 1999 fiscal year, which begins on January 31, 1999.
2. This Amendment shall be effective upon execution by the
Borrower, the Guarantors and the Required Lenders.
3. Except as modified hereby, all of the terms and
provisions of the Credit Agreement (including Schedules and
Exhibits) shall remain in full force and effect.
4. The Borrower agrees to pay all reasonable costs and
expenses of the Agent in connection with the preparation,
execution and delivery of this Amendment, including without
limitation the reasonable fees and expenses of Xxxxx & Xxx Xxxxx,
PLLC.
5. This Amendment may be executed in any number of
counterparts, each of which when so executed and delivered shall
be deemed an original and it shall not be necessary in making
proof of this Amendment to produce or account for more than one
such counterpart.
6. This Amendment shall be deemed to be a contract made
under, and for all purposes shall be construed in accordance with
the laws of the State of Missouri.
[Remainder of Page Intentionally Left Blank]
IN WITNESS WHEREOF, each of the parties hereto has caused a
counterpart of this Amendment to be duly executed and delivered
as of the date first above written.
BORROWER: XXXXX GROUP, INC.
By: /s/ Xxxxx X. Xxxx
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Xxxxx X. Xxxx,
Executive Vice President and
Chief Financial Officer
0000 Xxxxxxxx Xxxxxx
X.X. Xxx 00
Xx. Xxxxx, XX 00000
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
GUARANTORS: XXXXX GROUP INTERNATIONAL, INC.
XXXXX GROUP RETAIL, INC.
PAGODA TRADING COMPANY, INC.
XXXXXX XXXX ASSOCIATES, INC.
By: /s/ Xxxxx X. Xxxx
-----------------------------------------
Vice President for each of the foregoing
0000 Xxxxxxxx Xxxxxx
X.X. Xxx 00
Xx. Xxxxx, XX 00000
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
LENDERS: NATIONSBANK, N.A.,
individually and as Agent
By: /s/ Xxxxxxx Xxxxxxxxx
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Title: Managing Director
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NationsBank, N.A.
000 Xxxx Xxxxxx
XX0-00-000-00
Xxxxxx, XX 00000
Attn.: Xxxxx Oxford, Agency Services
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
with a copy to:
000 Xxxxx XxXxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Attn.: Xxxxxxx Xxxxxxxxx
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
THE FIRST NATIONAL BANK OF CHICAGO
By: /s/ Xxxx Xxxxxx
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Title: Managing Director
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First Chicago Capital Markets, Inc.
One First National Plaza
National Corporate Banking, Suite 0324
Chicago, IL 60670
Attn.: Xxxx Xxxxxx
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
SUNTRUST BANK, ATLANTA,
By: /s/ Xxxxx X. Dash
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Title: Vice President
----------------------------------------
By: /s/ Xxxxxx Xxxxxx /s/ Xxxxxxx X. Pick
----------------------------------------
Title: Banking Officer Vice President
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00 Xxxx Xxxxx, 00xx Xxxxx
Mail Code 118
Xxxxxxx, XX 00000
Attn.: Xxxxx X. Dash
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
XXXXXX GUARANTY TRUST COMPANY
By:
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Title:
----------------------------------------
Attn.: Xxxxx Xxxxxx
Telephone No.: (000) 000-0000
Telecopier No.:
ROYAL BANK OF CANADA
By: /s/ Xxxxx X. Xxxx
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Title: Retail Group Manager
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New York Branch
Financial Square, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000-0000
Attn.: Manager, Credit Administration
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
with a copy to:
0 Xxxxx Xxxxxxxx Xxxxxx
Xxxxx 000
Xxxxxxx, XX 00000
Attn.: Xxxxx X. Xxxx, Retail Group Manager
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
FIRST BANK
By: /s/ Xxxxxx X. Xxxx
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Title: Senior Vice President
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000 Xxxxx Xxxxxxx
Xx. Xxxxx, Xxxxxxxx 00000
Attn.: Xxxxxx Xxxx
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
BANKBOSTON, N.A.
Retail and Apparel Division
By: /s/ Xxxxxxx X. Xxxxxxxx
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Title: Division Executive
----------------------------------------
000 Xxxxxxx Xxxxxx
Mail Stop 01-0-05
Boston, MA 02110-1802
Attn.: Xxxxx Xxxxxxxx
Telephone No.:
Telecopier No.:
THE SAKURA BANK, LIMITED
By:
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Title:
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Attn.: Xxxxxxxxx Xxxxxx
Telephone No.: (000) 000-0000
Telecopier No.: (000) 000-0000
