Financial Statements

EX-10.5.3 6 a24360exv10w5w3.htm EXHIBIT 10.5.3 Exhibit 10.5.3
 

EXHIBIT 10.5.3
LETTER AMENDMENT
October 12, 2006
To the Lenders party to the
Credit Agreement referred to below
Gentlemen:
          We refer to the Bridge Credit Agreement dated as of August 8, 2006 (the “Credit Agreement”) among the undersigned, you and Citicorp North America, Inc., as administrative agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings set forth in the Credit Agreement.
          It is hereby agreed by you and us as follows:
     (a) The definition of “Interest Period” contained in Section 1.01 of the Credit Agreement is amended by inserting the words “one week or” immediately following the word “date” and prior to the words “one, two or three”.
     (b) The definition of “Fee Letters” contained in Section 1.01 of the Credit Agreement is amended and restated in its entirety as follows:
Fee Letters” means, collectively, (a) the Bridge Engagement Letter, dated July 31, 2006, among Holdings, the Borrower, CNAI, CGMI and GSCP and (b) the Bridge Fee Letter dated August 8, 2006 among Holdings, the Borrower, CGMI, Goldman, Sachs & Co., Banc of America Bridge LLC, Deutsche Bank AG Cayman Islands Branch and Morgan Stanley Senior Funding, Inc.
     (c) The table of contents listing of Schedule II’s title is amended and restated in its entirety as follows:
     “Existing Letters of Credit”
     (d) Subclause (a) of the proviso contained in the definition of “Second Closing Date”, which definition is contained in Section 1.01 of the Credit Agreement, is amended by deleting the words “First Closing Date” and inserting in their place the words “Initial Closing Date”.
     (e) Subclause (iii) of the proviso contained in Section 2.05(a) of the Credit Agreement is amended by deleting the words “First Closing Date” and inserting in their place the words “Initial Closing Date”.

 


 

          On and after the effective date of this letter amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the Notes to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as amended by this letter amendment. The Credit Agreement, as amended by this letter amendment, is and shall continue to be in full force and effect and is hereby in all respects ratified and confirmed.
          If you agree to the terms and provisions hereof, please evidence such agreement by executing and returning a copy of the counterpart of this letter by 5:00pm (New York City time) on Friday, October 13, 2006 by pdf attachment to ***@*** or by facsimile to ###-###-####, followed by eight (8) counterparts of this letter amendment sent by mail or courier to Shearman & Sterling LLP, 599 Lexington Avenue, New York, New York 10022, Attention of Danielle Kalish. This letter amendment shall become effective as of the date first above written when and if counterparts of this letter amendment shall have been executed by us and you.
          This letter amendment may be executed in any number of counterparts and by any combination of the parties hereto in separate counterparts, each of which counterparts shall be an original and all of which taken together shall constitute one and the same letter amendment, and this letter amendment shall be governed by the laws of the State of New York.
[SIGNATURE PAGES FOLLOW]

2


 

         
  Very truly yours,

CRICKET COMMUNICATIONS, INC.
 
 
  By:   /s/ Dean M. Luvisa    
    Name:   Dean M. Luvisa   
    Title:   VP Finance   
 
         
  LEAP WIRELESS INTERNATIONAL, INC.
 
 
  By:   /s/ Dean M. Luvisa    
    Name:   Dean M. Luvisa   
    Title:   VP Finance   
 

 


 

         
  Accepted and agreed:

CITICORP NORTH AMERICA, INC.,
as Administrative Agent and as a Lender

 
 
  By:   /s/ Ross MacIntyre    
    Name:   Ross MacIntyre   
    Title:   Managing Director and Vice President   
 

 


 

         
  Accepted and agreed:

GOLDMAN SACHS CREDIT PARTNERS L.P.,
as a Lender

 
 
  By:   /s/ Illegible    
    Name:      
    Title:   Authorized signatory
Anna Ostrovsky 
 

 


 

         
  Accepted and agreed:

BANC OF AMERICA BRIDGE LLC, as a Lender

 
 
  By:   /s/ J. M. Rote    
    Name:   John Rote   
    Title:   Managing Director   
 

 


 

         
  Accepted and agreed:

DEUTSCHE BANK AG CAYMAN ISLANDS
BRANCH, as a Lender

 
 
  By:   /s/ Anca Trifan    
    Name:   Anca Trifan   
    Title:   Director   
         
     
  By:   /s/ M. Tarkington    
    Name:   Marcus M. Tarkington   
    Title:   Director   
 

 


 

         
  Accepted and agreed:

MORGAN STANLEY SENIOR FUNDING, INC., as a Lender

 
 
  By:   /s/ Andrew W. Earls    
    Name:   Andrew Earls   
    Title:   VP