EX-10.14
from 10-K
3 pages
Re: Second Amended and Restated Credit Agreement Dated as of March 5, 2002 Among Circus and Eldorado Joint Venture, a Nevada General Partnership, U.S. Bank, N.A. and Certain Other Lenders and Bank of America, N.A. (The “Credit Agreement”) Dear Ladies and Gentlemen: This Letter Is Executed With Reference to the Credit Agreement Described Above and Capitalized Terms Used Herein Are Used With the Meanings Set Forth for Those Terms in the Credit Agreement. the Parties Agree With Reference to the Following Facts: 1. the Current Maturity of the Loans Under the Credit Agreement Is March 31, 2008. 2. Bank of America and U.S. Bank National Association Are the Two Incumbent Lenders Under the Credit Agreement. 3. the Aggregate Lending Commitments Under the Credit Agreement Are Currently $10,000,000. 4. the Borrower Desires to Extend the Maturity of the Credit Agreement for a 364-Day Period to March 30, 2009, to Reduce the Amount of the Commitment Thereunder to $1,000,000 and to Remove U.S. Bank National Association as a Lender. in Consideration of the Foregoing, the Parties Hereto Hereby Agree as Follows
12/34/56