SEI Investments Canada Company
Exhibit 10.22.2
February 21, 2006
SEI Investments Canada Company
70 York St. Suite 1600
Toronto, Ontario
M5J 1S9
| Attention: | Mr. Bahn Tran | |
| Business Manager |
Dear Bahn,
We refer to the letter agreement dated January 14, 2003 between SEI Investments Canada Company and Royal Bank of Canada (“Credit Agreement”) and subsequent Amendment Letter dated June 15, 2005. All capitalized terms used in this letter, if not otherwise defined herein, shall have the meanings set out in the Credit Agreement.
The following amendments are hereby made to the Credit Agreement:
Section 14(b)
| (ii) | Quarterly unaudited financial statements of the Guarantor, within 45 days of the end of each fiscal quarter; |
| (iii) | Annual audited financial statements of the Guarantor, within 120 days of the Guarantor’s fiscal year-end. |
Except as indicated herein, all terms and conditions of the Credit Agreement shall remain in full force and effect and are hereby ratified and confirmed in every respect.
Please acknowledge your agreement with the foregoing by executing the enclosed two (2) copies of this letter and returning one (1) fully executed copy to the Bank.
| Yours truly, | ||
| ROYAL BANK OF CANADA | ||
| By: | /s/ Karen Condon | |
| Name: | Karen Condon | |
| Title: | Authorized Signatory | |
| /s/ Yvonne Ling | ||
| Name: | Yvonne Ling | |
| Title: | Manager, Credit | |
We acknowledge and accept the terms and conditions of this Agreement on the 27 day of February, 2006 which acceptance is effective as of the date first above written.
SEI Investments Canada Company
| By: | /s/ Patrick Walsh | |
| Name/Title: | Patrick Walsh / President | |
| By: | /s/ George Butcher | |
| Name/Title: | George Butcher / SVP Finance & Administration | |
