AMENDMENT NO. 1 TO SERVICING AGREEMENTServicing Agreement • May 13th, 2003 • Aaron Rents Inc • Services-equipment rental & leasing, nec • Georgia
THIS AMENDMENT NO. 1 TO SERVICING AGREEMENT (this “Amendment”) dated as of April 30, 2003, by and between AARON RENTS, INC., a Georgia corporation (“Sponsor”) and SUNTRUST BANK, a banking corporation organized and existing under the laws of the State of Georgia having its principal office in Atlanta, Georgia (the “Servicer”).
AMENDMENT NO. 2 TO REVOLVING CREDIT AGREEMENTCredit Agreement • May 13th, 2003 • Aaron Rents Inc • Services-equipment rental & leasing, nec • Georgia
THIS AMENDMENT NO. 2 TO REVOLVING CREDIT AGREEMENT (this “Amendment”) dated as of April 30, 2003, by and among AARON RENTS, INC., a Georgia corporation (“Borrower”), AARON RENTS, INC. PUERTO RICO, a Puerto Rico corporation (“Co-Borrower”), the several banks and other financial institutions from time to time party hereto (the “Lenders”) SUNTRUST BANK, in its capacity as Administrative Agent for the Lenders (“Administrative Agent”) and WACHOVIA BANK, NATIONAL ASSOCIATION, formerly known as First Union National Bank, as Syndication Agent (“Syndication Agent”).
AMENDMENT NO. 2 TO LOAN FACILITY AGREEMENT AND GUARANTYLoan and Security Agreement • May 13th, 2003 • Aaron Rents Inc • Services-equipment rental & leasing, nec • Georgia
With respect to the financial covenants set forth below in I and II, which are calculated based upon the Opening Date of a store location, the financial information from store locations that have not reached the Opening Date anniversary incorporated into such covenants shall be excluded from such calculations. [Debt attributable to such locations and deducted from the final calculations shall be deducted on a pro rata basis calculated by dividing such stores’ aggregate Net Book Value of Merchandise by the Net Book Value of Merchandise for all store locations.] The financial covenants shall otherwise be calculated on a consolidated basis as to all store locations.
