SunTrust Leasing Corporation Commitment Letter to USA Truck, Inc. (Truck Acquisition Financing, 2004)
SunTrust Leasing Corporation has issued a commitment letter to USA Truck, Inc., outlining a lease proposal for financing the company's truck acquisitions during the 2004 calendar year. The letter specifies that the monthly lease factors have been updated to reflect current market conditions as of November 5, 2003. USA Truck, Inc. agrees to the terms by signing the letter, indicating their acceptance of the proposed financing arrangement.
EXHIBIT 4.33
SUNTRUST LEASING CORPORATION COMMITMENT LETTER
USA TRUCK, INC.
November 5, 2003
Mr. Cliff Beckham
Chief Financial Officer
USA Truck, Inc.
3108 Industrial Park Road
Van Buren, Arkansas 72956
Dear Cliff:
We are pleased to provide the following lease proposal covering financing for your truck acquisitions for the 2004 calendar year for your review and consideration. The attached Proposal Exhibit outlines the details of our financing. You will note below that the monthly lease factors have been adjusted to reflect the prevailing market conditions as of November 5, 2003.
Thank you for the opportunity to be of service on this transaction. Should you have any questions or require additional information, please do not hesitate to contact me at your convenience.
| Sincerely, |
| /s/ MARK D. KING |
| SunTrust Leasing Corporation |
| Mark D. King Vice President |
Agreed to and accepted on this 5th day of November, 2003
| USA Truck, Inc. | ||
| Lessee | ||
| By: | /s/ CLIFF BECKHAM /CFO | |
| Name/Title | ||
| Cliff Beckham | ||
| Print Name Above | ||
