EXHIBIT 4.1
Wachovia Bank, N.A.
Commercial Banking
FL6087
200 South Biscayne Boulevard
Annex Building
Miami. FL 33131
Tel 305 789-1220 Fax 305 789-5036
WACHOVIA
October 10, 2008
Michael Steiner
Dryclean USA, Inc
290 NE 68th Street
Miami, FL 33138
RE: |
Promissory Note from Dryclean USA, Inc. (“Borrower”) to Wachovia Bank, National Association (“Wachovia”) in the original principal amount of $2,250,000.00 dated November 2, 1998 including any amendments (the “Note”) |
Dear Mr. Steiner:
Wachovia is pleased to extend its obligation to advance funds under the Note until October 30, 2009. As we discussed, you have agreed to either maintain a balance of $500,000.00 in a Wachovia Money Market account or reflect 50% utilization during the term of the Note.
All other terms, conditions and provisions of the Note and Loan Documents (as defined in the Note) remain unchanged and in full force and effect.
Thank you for allowing Wachovia to be of service. Please feel free to call me if you have any questions about this renewal.
Sincerely,
Wachovia Bank, National Association
/s/ Ramon Falero
Ramon Falero
Vice President