Technical Olympic USA, Inc. (TOUS)

[deadcat123]

This week will be interesting as Dec 14 is set as the deadline for creditors to respond to the Amendment No. 2 to receive 0.25% of the outstanding loan amount as the amendment fee paid to creditors:

from today's 8-k

(iv) Amendment Fee . Provided that the conditions precedent set forth in this Section 2 shall have been satisfied or waived by the Administrative Agent no later than December 14, 2007, the Administrative Borrower will pay to each Lender who has delivered to the Administrative Agent an executed counterpart of this Amendment no later than December 14, 2007, a fee equal to 25 bps (0.25%) of the outstanding principal amount of such Lender’s Term Loans. Such fees, if payable, will be paid by the Administrative Borrower on the Business Day following the Effective Date.