Exhibit 10.39
March 1, 2002
VIA FACSIMILIE
US DIAGNOSTIC INC. 000-000-0000
000 X. XXXXXXXXXX XXX., 0XX FL.
XXXX XXXX XXXXX, XX 00000
Attn.: Mr. Xxxx Xxxx
Re: LOAN AND SECURITY AGREEMENT DATED FEBRUARY 27, 1997 BY AND BETWEEN US
DIAGNOSTIC, INC. ("Borrower") AND DVI BUSINESS CREDIT CORPORATION
("Lender") (as amended from time to time, the "Loan Agreement")
Dear Mr. Andy:
PURSUANT TO SECTION 2.7 OF THE LOAN AGREEMENT, LENDER DESIRES TO EXTEND THE
EXPIRATION DATE OF THE LOAN AGREEMENT FROM APRIL 1, 2002 TO JUNE 1, 2002 TO
PROVIDE US WITH ADDITIONAL TIME TO REVIEW YOUR CREDIT LINE FACILITY.
By your signature below, you hereby agree to the 60-day extension described
above. Lender reserves all of its rights and remedies provided under the Loan
Agreement and at law until all amounts owed by Borrower to Lender are paid in
full. Please sign below where indicated and fax to my attention at:
000-000-0000. In addition, please execute one original of this document and
return to my attention using the enclosed, postage paid envelope.
Should you have any questions with regard to this matter, please contact me at
(000) 000-0000 at your earliest convenience.
Sincerely,
DVI BUSINESS CREDIT CORPORATION
/s/ Xxxx Xxxxx
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Xxxx Xxxxx, Account Executive
cc: Xx. Xxx Xxxxxxxxxx, Vice President
Xx. Xxxxx Xxxxxxxxxx, Vice President
ACCEPTED AND AGREED TO BY:
BORROWER:
US DIAGNOSTIC, INC.
By: /s/ Xxxx Xxxxxx Xxxx
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Print Name: Xxxx Xxxxxx Xxxx
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Title: EVP & CFO
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Date: 3-5-02
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