Deutsche Bank AG New York Branch New York, NY 10005 Telephone: 212-250-9425 Facsimile: 212-797-0779 Date: July 8, 2011 To: Town Sports International, LLC Attention: Dan Gallagher Facsimile no.: (212) 246-8422 Our Reference: Global No. NI317383N Re:...Interest Rate Swap Transaction • October 28th, 2011 • Town Sports International Holdings Inc • Services-membership sports & recreation clubs
The purpose of this letter agreement is to set forth the terms and conditions of the Transaction entered into between Deutsche Bank AG (“DBAG”) and Town Sports International, LLC (“Counterparty”) on the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the Agreement specified below.
