ContractLetter Agreement • November 14th, 2007 • Securus Technologies, Inc. • Communications services, nec • New York
We understand that Securus Technologies, Inc., a Delaware corporation (“you” or “Securus”), will be in violation of certain financial covenants in the (i) Credit Agreement, dated September 9, 2004, by and among Securus, ING and the other lenders party thereto, as amended (the “Credit Agreement”) and (ii) Indenture for its 11% Second-Priority Senior Secured Notes due 2011 (the “Indenture”), and may not meet those covenants through 2008 (the “Anticipated Defaults”).
FOURTH AMENDMENT TO CREDIT AGREEMENT AND WAIVERCredit Agreement • November 14th, 2007 • Securus Technologies, Inc. • Communications services, nec • New York
THIS FOURTH AMENDMENT TO CREDIT AGREEMENT AND WAIVER (this “Amendment”) is made and entered into as of November 12, 2007, by and among SECURUS TECHNOLOGIES, INC., a Delaware corporation (the “Borrower”), the Subsidiaries of the Borrower party hereto as the Guarantors (as defined in the hereinafter defined Credit Agreement), and ING CAPITAL LLC, in its capacity as the Administrative Agent (the “Administrative Agent”) and as the Majority Lenders (as defined in the hereinafter defined Credit Agreement).
