Exhibit 10
November 13, 1996
American Paging, Inc.
0000 Xxxxxxx Xxxxxx XX Xxxxx #0000
Xxxxxxxxxxx, XX 00000
Re: Revolving Credit Agreement dated January 1, 1994, as amended (the
"Revolving Credit Agreement"), between American Paging, Inc.(the "Company")
and Telephone and Data Systems, Inc. ("TDS")
Ladies and Gentlemen:
This letter will constitute TDS's agreement to amend the Revolving Credit
Agreement by changing all of the references to "$140,000,000" in the Revolving
Credit Agreement to "$150,000,000." All of the other terms and conditions of the
Revolving Credit Agreement shall remain in full force and effect.
TDS also hereby waives all defaults or events of default by the Company
under the Revolving Credit Agreement resulting from the violation of the
covenant in Section 7(b)(2) of the Revolving Credit Agreement or the insolvency
of the Company from the respective dates from any such default or event of
default through January 2, 1998.
Please acknowledge your agreement to this amendment by executing a copy of
this letter and return it to the undersigned.
Very truly yours,
TELEPHONE AND DATA SYSTEMS, INC.
By: /S/ XXXXXX X. XXXXXXX
Xxxxxx X. Xxxxxxx
Executive Vice President - Finance
Accepted and agreed to as of the date set forth above by Xxxxxxxx X. Xxxxxxxx,
President of the Company, as acknowledged by Xxxxxxxx X. Xxxxx, Controller of
the Company.
AMERICAN PAGING, INC.
By: /S/ XXXXXXXX X. XXXXX
Xxxxxxxx X. Xxxxx
Controller
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