Bank of America and KSW, Inc. Revolving Line of Credit Renewal Letter (January 26, 2009)

Contract Categories: Business Finance › Loan Agreements
Summary

This letter from Bank of America to KSW, Inc. extends the availability period for a $2,000,000 revolving line of credit under an existing loan agreement. The new expiration date for accessing the credit is April 1, 2010, replacing the previous expiration date of April 1, 2009. All other terms of the original agreement remain unchanged. The letter is signed by a Bank of America representative and addressed to KSW, Inc.'s CEO.

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EX-10.8 3 k143574_ex10-8.htm Unassociated Document
Exhibit 10.8
 
January 26, 2009

Floyd Warkol, Chief Executive Officer
KSW, INC.
37-16 23rd Street
Long Island City, NY 11101

Dear Mr. Warkol:

Bank of America, N.A. is pleased to renew the availability period for your Two Million and 00/100 Dollars ($2,000,000.00) revolving line of credit documented by Facility No. 1 of the Loan Agreement dated April 1, 2007 (including any previous amendments, the “Agreement”).

Effective as of the current Expiration Date of April 1, 2009, the availability period shall be extended and shall expire on the new Expiration Date of April 1, 2010. All other terms and conditions of the Agreement shall remain in full force and effect.

I also want to take this opportunity to thank you for your business. I believe we can continue to provide your company with the same high level of customer service and expertise.

If you have any questions, please contact your Client Manager, Victoria Scolaro at ###-###-####.

Bank of America, N.A.

By:
     
/s/ Diane Phillip                                                 
                                                                                       
   
Diane Phillip, Document Administrator