Amendment Letter to Revolving Loan Facility Agreement between Lloyds TSB Bank plc and Trikon Technologies Limited (March 1, 2004)
Lloyds TSB Bank plc and Trikon Technologies Limited have agreed to amend their existing revolving loan facility agreement. Effective March 1, 2004, the reference to the loan amount in Clause 7.2 of the original agreement is changed from US$45,000,000 to US$40,000,000. All other terms and conditions of the original facility letter remain unchanged, and both the original and this amendment letter are to be read together as one agreement.
EXHIBIT 10.16
Lloyds TSB Corporate | ||||
Lloyds TSB Bank plc | ||||
3rd Floor | ||||
25 Gresham Street | ||||
[GRAPHIC APPEARS HERE] | London | |||
EC2V 7HN | Telephone: 020 7661 4928 | |||
Address 4 & Post Code | Facsimile: 020 7661 4852 | |||
Reference: AFLBASE280602LSC/PFT |
Private & Confidential | 1st March 2004 |
The Directors
Trikon Technologies Limited
Ringland Way
Newport
Gwent
NP6 2TA
Dear Sirs,
AMENDMENT LETTER
We refer to a letter dated 17th July 2003 (the Facility Letter) and to the security documents required to be effected thereby from time to time. Pursuant to the foregoing we agreed to make available to you a revolving loan facility amounting in aggregate to £5,000,000.
We hereby confirm that with effect from the date of this letter the Facility Letter shall be amended to the extent that the reference to US$45,000,000 in Clause 7.2 shall now read US$40,000,000.
All other terms and conditions expressed in the Facility Letter remain unaltered and from the date of this letter the Facility Letter and this letter shall now be construed as one agreement.
Yours faithfully,
For and on behalf of Lloyds TSB Bank plc
/s/ KEITH MCLAGAN
Keith Mclagan
Senior Relationship Manager
Lloyds TSB Corporate