Exhibit 10(
j )( i )( c )
FOURTH AMENDMENT
DATED AS OF JANUARY 8, 2004
TO RECEIVABLES SALE AGREEMENT
DATED AS OF SEPTEMBER 28, 2002
This
Fourth Amendment (the
“Amendment” ), dated as of January 8, 2004, is
entered into among Albany International Receivables Corporation
(the “Seller” ), Albany International Corp. (
the “ Initial Collection Agent,” and, together
with any successor thereto, the “Collection
Agent” ), , ABN AMRO Bank N.V., as agent for the
Purchaser (the “Agent” ), the committed
purchasers party thereto (the “Committed
Purchasers” ) and Amsterdam Funding Corporation, a
Delaware corporation ( “Amsterdam” );
WITNESSETH:
Whereas
, the Seller, Collection Agent,
Agent , Committed Purchasers and Amsterdam have heretofore executed
and delivered a Receivables Sale Agreement, dated as of
September 28, 2001 (as amended, supplemented or otherwise
modified through the date hereof, the “Sale
Agreement” ),
Whereas,
the parties hereto desire to amend
the Sale Agreement as provided herein;
Now,
therefore, for good and
valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the parties hereto hereby agree that the Sale
Agreement shall be and is hereby amended as follows:
Section 1.
The
defined term “Credit Agreement” appearing in
Schedule I to the Sale Agreement is hereby amended in its
entirety and as so amended shall read as follows:
“Credit
Agreement” means
the FIVE-YEAR REVOLVING CREDIT FACILITY AGREEMENT, dated as of
January 8, 2004, among ALBANY INTERNATIONAL CORP., the Borrowing
Subsidiaries from time to time party hereto, the Lenders party
hereto, JPMORGAN CHASE BANK, as Administrative Agent, and J.P.
MORGAN EUROPE LIMITED, as the London Agent, as further amended,
supplemented or otherwise modified from time to time, or any
replacement or successor agreement of comparable or greater amount
with the same or different