WAIVERWaiver • November 9th, 2007 • Youbet Com Inc • Services-miscellaneous amusement & recreation • California
THIS WAIVER (this “Waiver”), dated as of November 8, 2007, is entered into by and between WELLS FARGO FOOTHILL, INC., a California corporation, as arranger and administrative agent (in such capacity, “Agent”) for the Lenders (as defined below), the Lenders, YOUBET.COM, INC., a Delaware corporation (“Parent”), and UNITED TOTE COMPANY, a Montana corporation (“United Tote”, and together with Parent, each individually a “Borrower”, and individually and collectively, jointly and severally, the “Borrowers”).
