EX-10.23 5 0005.txt LETTER FROM WELLS FARGO BUSINESS CREDIT, INC. WELLS FARGO BUSINESS CREDIT, INC. 245 S. Los Robles Avenue Suite 600 Pasadena, CA 91101 626 685-9900 626 844-9063 Fax January 26, 2001 Carmine T. Oliva c/o Microtel International, Inc. 9485 Haven Avenue, Suite 100 Rancho Cucamonga, California 91730 Dear Mr. Oliva: This letter shall confirm that your Guarantee dated August 16, 2000 (the "guarantee") respecting the obligations of XIT Corporation and CXR Telcom Corporation to us ("Wells Fargo Business Credit, Inc.") is terminated pursuant to Section 2(C) of the guarantee. Very truly yours, /S/ Vincent Maddela ------------------- Vincent Maddela Assistant Vice President WELLS FARGO BUSINESS CREDIT, INC.