March 18, 2002Limited Waiver Regarding Financial Covenants • April 1st, 2002 • Ackerley Group Inc • Services-advertising
Reference is made to that certain Credit Agreement dated as of September 7, 2001 (said Credit Agreement being the "CREDIT AGREEMENT", the terms defined therein being used herein as therein defined), among The Ackerley Group, Inc., a Delaware corporation ("COMPANY"), the financial institutions listed therein ("LENDERS"), Credit Suisse First Boston, as administrative agent (the "ADMINISTRATIVE AGENT"), and General Electric Capital Corporation, as co-arranger and syndication Administrative Agent ("SYNDICATION AGENT").
EXHIBIT 10.3 LIMITED WAIVER REGARDING FINANCIAL COVENANT CALCULATIONSLimited Waiver Regarding Financial Covenant Calculations • April 1st, 2002 • Ackerley Group Inc • Services-advertising
Reference is made to that certain Credit Agreement dated as of September 7, 2001 and entered into by and among The Ackerley Group, Inc., a Delaware corporation ("Company"), the financial institutions party thereto ("Lenders"), Credit Suisse First Boston ("CSFB"), as administrative agent for Lenders (in such capacity, "Administrative Agent") and General Electric Capital Corporation, as Co-Arranger and as syndication agent for Lenders (in such capacity, "Syndication Agent"). Capitalized terms used herein without definition shall have the same meanings herein as set forth therefor in the Credit Agreement.
