Cosmo Communications Corp – ‘10-K’ for 12/31/96 – EX-10.4

As of:  Monday, 3/31/97   ·   For:  12/31/96   ·   Accession #:  950170-97-352   ·   File #:  0-11968

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         33    141K 
 2: EX-10.4     Material Contract                                      1      6K 
 3: EX-27       Financial Data Schedule (Pre-XBRL)                     1      6K 

EX-10.4   —   Material Contract

                                                                   EXHIBIT  10.4

December 17, 1996                                                               

Mr. Amancio V. Suarez, Chairman                                                 
Cosmo Communications Corporation                                                
16501 N.W. 16 Court                                        `                    
Miami, Florida 33169                                                            

Dear Mr. Suarez:                                                                

Please be advised that Congress Financial Corporation ( Florida) hereby waives  
the $1,000,000 net worth requirement specified in Section 6.19 of the Accounts  
Financing Agreement between us dated October 30, 1989 through December 31, 1997.
We have not waived any other events of default whether with respect to this item
or any other items with respect to the period ending December 31, 1997 or any   
other period.                                                                   

Very truly yours,                                                               

Congress Financial Corporation (Florida)                                        

/s/ RAMON LEBRON                                                                
----------------                                                                
Ramon Lebron                                                                    
Vice President                                                                  

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing		Date		Other Filings
		12/31/97		10-K
Filed on:		3/31/97		10-Q
For Period End:		12/31/96
		12/17/96
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