Amendment and Termination Confirmation of Rate Swap Transaction between JPMorgan Chase Bank, N.A. and National CineMedia, LLC
This agreement confirms the full termination of a rate swap transaction between JPMorgan Chase Bank, N.A. and National CineMedia, LLC, originally entered into in March 2007. As of November 26, 2012, all rights and obligations under the swap are ended, except for any payments or obligations due before that date. National CineMedia, LLC paid a termination amount of $6,339,600 to JPMorgan. The document serves as an amendment and restatement of any prior confirmations related to this transaction.
Exhibit 10.29.2
JPMorgan Chase Bank, N.A.
270 Park Avenue
New York
NY 10017
USA
09 January 2013
Termination of a Rate Swap Transaction – AMENDMENT
This Confirmation represents an amendment and restatement of any prior documents or other confirming communications between the parties with respect to the Transaction.
The purpose of this letter (“this Confirmation”) is to confirm the total termination of the Swap Transaction entered into between: JPMorgan Chase Bank, N.A. (“JPMorgan”) and NATIONAL CINEMEDIA, LLC (the “Counterparty”)
The terms of the particular Swap Transaction to which this Confirmation relates are as follows:
| ORIGINAL TRANSACTION DETAILS | ||
| JPMorgan Deal Number: | 6900033659368 | |
| Notional Amount: | USD 56,250,000.00 | |
| Trade Date: | 02 March 2007 | |
| Effective Date: | 13 March 2007 | |
| Termination Date: | 13 February 2015, subject to adjustment in accordance with the Modified Following Business Day Convention. | |
| It is agreed between the parties that on the Termination Trade Date, the rights, obligations and liabilities of JPMorgan and the Counterparty under the Swap Transaction shall be terminated and discharged with effect from the Termination Effective Date, provided that such termination and discharge shall not affect any rights, liabilities or obligations of JPMorgan or the Counterparty with respect to payments or other obligations due and payable or due to be performed on or prior to the Termination Effective Date. | ||
| Termination Trade Date: | 26 November 2012 | |
| Termination Effective Date: | 26 November 2012 | |
| Counterparty paid Termination Amount to JPMorgan: | USD 6,339,600.00 paid on the Termination Amount Payment Date | |
| Termination Amount Payment Date: | 26 November 2012 | |
| ACCOUNT DETAILS | ||
| Payments to JPMorgan: | As per our standard settlement instructions | |
| Payments to Counterparty: | As per your standard settlement instructions | |
| Our Ref: 6900033659368 | Sent: 9 January 2013 21:26 | Page 1 of 3 |
Please confirm that the foregoing correctly sets forth the terms of our agreement by executing a copy of this Confirmation and returning it to us or by sending to us a letter, telex or facsimile substantially similar to this letter, which letter, telex or facsimile sets forth the material terms of the Transaction to which this Confirmation relates and indicates agreement to those terms. When referring to this Confirmation, please indicate: JPMorgan Deal Number(s): 6900033659368
| JPMorgan Chase Bank, N.A. |
| /s/ Carmine Pilla |
| Name: Carmine Pilla |
| Title: Executive Director |
| Accepted and confirmed as of the date first written: NATIONAL CINEMEDIA, LLC |
| By NATIONAL CINEMEDIA, INC, its manager |
| /s/ Gary W. Ferrera |
| Name: Gary W. Ferrera Title: EVP/CFO 1/11/13 |
| Your reference number: |
| Our Ref: 6900033659368 | Sent: 9 January 2013 21:26 | Page 2 of 3 |
Client Service Group
All queries regarding confirmations should be sent to:
| JPMorgan Chase Bank, N.A. | ||
| Contacts | ||
| JPMorgan Contact | Telephone Number | |
| Client Service Group | ||
| Group E-mail address: | ||
| Facsimile: | (001) 888 ###-###-#### | |
| Telex: | ||
| Cable: | ||
Please quote the JPMorgan deal number(s): 6900033659368.
| Our Ref: 6900033659368 | Sent: 9 January 2013 21:26 | Page 3 of 3 |
