December 18, 2008Letter Agreement • December 30th, 2008 • Channell Commercial Corp • Communications equipment, nec
This letter agreement, is entered into by and among Channell Commercial Corporation, a Delaware corporation (“Domestic Borrower”), Channell Commercial Canada Inc., an Ontario corporation (“Canadian Borrower” and, together with Domestic Borrower, “Borrowers”), Bushman Water Harvesting Corporation, a Delaware corporation, Bushman Water Harvesting Inc., an Ontario corporation, Channell Limited, Channell Commercial Europe Limited, A.C. Egerton (Holdings) Limited, Bank of America, N.A., as sole Domestic Lender and Administrative Agent (“Administrative Agent”), and Bank of America, N.A., as sole Canadian Lender and Canadian Agent (“Canadian Agent” and, together with Administrative Agent, “Agents”), with reference to the Amended and Restated Loan and Security Agreement dated as of July 30, 2007, between Borrowers, the Lenders referred to therein, and Agent (as heretofore amended, the “Loan Agreement”). Capitalized terms used in this letter are used with the meaning set forth those terms in th
