Amendment to Revolving Credit and Security Agreement between GMAC Commercial Credit LLC and Delta Mills, Inc.

Summary

GMAC Commercial Credit LLC and Delta Mills, Inc. have agreed to amend their existing Revolving Credit and Security Agreement, originally effective March 31, 2000. The amendment changes the terms regarding the minimum availability of credit, specifically updating Section 6.9 to set new limits on the amount Delta Mills can borrow. All other terms of the original agreement remain unchanged. Both parties have signed to confirm their acceptance of this amendment.

EX-4.3.1.3 4 doc3.txt Exhibit 4.3.1.3 18 [GMAC Commercial Credit LLC letterhead] March 29, 2002 Delta Mills, Inc. 100 Augusta Street Greenville, SC 29601 Ladies/Gentlemen: Reference is made to the Revolving Credit and Security Agreement between us with an effective date of March 31, 2000, as supplemented and amended (the "Agreement"). It is hereby agreed that, effective as of the date hereof, the Agreement shall be amended by deleting Section 6.9 thereof and substituting in its place and stead the following: "6.9 Minimum Availability. Not permit, at any time, the aggregate --------------------- amount of the Obligations to exceed the lesser of (i)(a) the Maximum Loan Amount less the aggregate undrawn amount of outstanding Letters of Credit or (b) the Formula Amount minus (ii) $12,500,000.00." Except as heretofore and hereby amended, the Agreement shall remain in full force and effect in accordance with its original terms. Please indicate your agreement to the foregoing by signing below and returning a copy of this letter to our offices. Very truly yours, GMAC COMMERCIAL CREDIT LLC By: /s/ J.M. Frangos Title: E.V.P. READ AND AGREED TO: DELTA MILLS, INC. By: /s/ W.H. Hardman, Jr. Title: Chief Financial Officer 19