Draft--June 26, 1997 REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • June 27th, 1997 • Valassis Communications Inc • Services-advertising • Delaware
June 23, 1997 Comerica Bank Mr. Patrick M. Randall Valassis Communications, Inc. 36111 Schoolcraft Road Livonia, Michigan 48150 Re: Waiver regarding Revolving Credit Agreement dated as of August 11, 1995 as amended ('Credit Agreement') Dear Mr....Revolving Credit Agreement • June 27th, 1997 • Valassis Communications Inc • Services-advertising
Mr. Patrick M. Randall Valassis Communications, Inc. 36111 Schoolcraft Road Livonia, Michigan 48150 Re: Waiver regarding Revolving Credit Agreement dated as of August 11, 1995 as amended ('Credit Agreement') Dear Mr. Randall: Having received approval and authorization from the Majority Banks, the Agent hereby confirms the waiver ('Waiver') by the Agent and the Majority Banks of Valassis Communications, Inc.'s ('VCI') noncompliance with the provisions of Section 7.10 of the Credit Agreement and any Event of Default under Section 8.1(k) of the Credit Agreement arising solely as a result of the transaction described in your letter to Comerica Bank dated June 16, 1997, a copy of which is annexed hereto. This Waiver shall not be deemed to amend or alter in any respect the terms of the Credit Agreement or any of the other Loan Documents (including without limitation all conditions or requirements for Advances, and any other financial or other covenants), or to constitute a waiver or release
