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EXHIBIT 4.34
THIRD AMENDMENT
TO REVOLVING CREDIT AND
GUARANTY AGREEMENT
THIRD AMENDMENT, dated as of December 22, 2003 (the
"Amendment"), to the REVOLVING CREDIT AND
GUARANTY AGREEMENT, dated as of
January 31, 2003, among AMERICAN COMMERCIAL
LINES LLC, a Delaware limited
liability company (the "Borrower"), a
debtor and debtor-in-possession under
Chapter 11 of the Bankruptcy Code, the
Guarantors named therein (the
"Guarantors"), JPMORGAN CHASE BANK, a New
York banking corporation ("JPMorgan
Chase"), each of the other financial
institutions from time to time party
thereto (the "Lenders"), and JPMORGAN CHASE
BANK, as Administrative Agent for
the Lenders (in such capacity, the
"Agent"), and BANK ONE, N.A. and GENERAL
ELECTRIC CAPITAL CORPORATION, as
Co-Syndication Agents (in such capacities, the
"Co-Syndication Agents"):
W I T N E S S E T H:
WHEREAS, the Borrower, the Guarantors, the Lenders, the Agent
and the Co-Syndication Agents are parties
to that certain Revolving Credit and
Guaranty Agreement, dated as of January 31,
2003, as amended by that certain
First Amendment to Revolving Credit and
Guaranty Agreement, dated as of March
13, 2003, and that Second Amendment to
Revolving Credit and Guaranty Agreement,
dated as of March 31, 2003 (as the same may
be further amended, modified or
supplemented from time to time, the "Credit
Agreement"); and
WHEREAS, the Borrower, the Guarantors and the Lenders have
agreed to amend certain provisions of the
Credit Agreement as set forth herein,
subject to the terms and conditions set
forth herein; and
NOW, THEREFORE, it is agreed as follows:
As used herein, all terms that are defined in the Credit
Agreement shall have the same meanings
herein.
1.
Amendments. The Credit Agreement is hereby amended as
follows:
(a)
Section 6.10 of the Credit Agreement is amended by
adding the following parenthetical clause
at the end of subsection (iii)
thereof:
(provided, further, that, during the period beginning December
22, 2003 and ending on March 15, 2004, the aggregate
outstanding principal amount of such advances and loans to
Jeffboat LLC may not exceed $4,000,000),
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2.
Mis
