EX-10.A.II 3 y58444ex10-a_ii.txt AGREEMENT EXTENDING TERM OF FACILITY AGREEMENT Exhibit 10(a)(ii) THE ROYAL BANK OF SCOTLAND Harsco Corporation Harsco Finance B.V. CORPORATE & INSTITUTIONAL BANKING Harsco Investment Limited C/O Harsco House Regent Park 135 Bishopsgate 299 Kingston Road London Leatherhead EC2M 3UR Surrey KT22 7SG Telephone: 020 7375 8641 Facsimile: 020 7375 8745 FAO Graham Goulding Date: 12 December 2001 Dear Sirs, We, The Royal Bank of Scotland plc acting as agent for National Westminster Bank plc (the "Bank") refer to the facility agreement dated 15 December 2000 in respect to US$ 50,000,000 revolving credit facility with term out option (the "Facility Agreement") whereby the Bank agreed to make available the facility on the terms and conditions set out therein, and confirm formally the following amendment thereto. Terms defined in the Facility Agreement shall have the same meaning herein. Clause 1 DEFINITIONS AND INTERPRETATION 1.1 "FINAL MATURITY DATE" Delete existing sub clause (a) and replace with:- `(a) in relation to a Revolving Loan not converted into a Term Loan pursuant to Clause 7.2 (Term-Out), 14 December 2002 or, if extended in accordance with Clause 7.3 (Extension), the date provided for in Clause 7.3 (Extension), or ' Subject only to the amendment detailed herein, all the terms and conditions of the Facility Agreement remain in full force and effect Please signify your acceptance of the above offer by returning to us the duplicate of this letter with the Memorandum of Acceptance duly signed on behalf of the Borrower and Guarantor together with the following documents, to be in form and content satisfactory to us: (i) A certified copy of the resolution of Harsco Investment Limited Board of Directors authorising, (a) acceptance of the offer contained in this letter, and (b) a person or persons to sign the Memorandum of Acceptance hereof. (ii) Authenticated signatures of the person or persons specified in the Board Resolution. (iii) Written confirmation from Boekel De Neree lawyers confirming that their legal opinion dated 22 December 2000 provided in respect of Harsco Finance B.V. remains valid. (iv) Extension fee US$ 45,000.00. Additional update disclosures are contained on the Addendum dated December 14, 2001, which is attached hereto and made a part hereof. /S/ Douglas Kerr --------------------------------------- Authorised Signatory THE ROYAL BANK OF SCOTLAND PLC (ACTING AS AGENT FOR NATIONAL WESTMINSTER BANK PLC) Memorandum of Acceptance We hereby accept the extension to the Facility Agreement set out above. /S/ Salvatore D. Fazzolari --------------------------------------- For and on behalf of HARSCO FINANCE B.V. Date December 14, 2001 Memorandum of Acceptance We hereby accept the extension to the Facility Agreement set out above. /S/ Salvatore D. Fazzolari --------------------------------------- For and on behalf of HARSCO INVESTMENT LIMITED Date December 14, 2001 Memorandum of Acceptance We hereby acknowledge the extension to the Facility Agreement set out above. /S/ Salvatore D. Fazzolari --------------------------------------- For and on behalf of HARSCO CORPORATION Date December 14, 2001 PAGE 2 OF 2