<PAGE>
 
                                                                   EXHIBIT 10.73


           AMENDMENT NUMBER ONE AND WAIVER, dated as of June 2, 1997
 ("Amendment"), to the Credit Agreement dated as of January 8, 1997 (the "Credit
 Agreement"), among COINMACH CORPORATION, a Delaware corporation (the
 "Borrower"), COINMACH LAUNDRY CORPORATION, a Delaware corporation ("Holdings"),
 the lending institutions from time to time party thereto (each a "Bank" and
 collectively, the "Banks"), BANKERS TRUST COMPANY, as Administrative Agent,
 FIRST UNION NATIONAL BANK OF NORTH CAROLINA, as Syndication Agent and LEHMAN
 COMMERCIAL PAPER, INC., as Documentation Agent (the "Agents").  Capitalized
 terms used and not otherwise defined herein shall have the meanings assigned to
 them in the Credit Agreement.

           WHEREAS, the Borrower has requested that the Agent and the Banks
 amend certain provisions of the Credit Agreement;

           WHEREAS, the Agents and the Banks have considered and agreed to the
 Borrower's requests, upon the terms and conditions set forth in this Amendment;

           WHEREAS, the consent of the Requisite Banks is necessary to effect
 this Amendment;

           NOW, THEREFORE, in consideration of the foregoing, and for other good
 and valuable consideration, the receipt and sufficiency of which are hereby
 acknowledged, the parties hereto hereby agree as follows:

                             SECTION ONE - WAIVER.
                             -----------   ------

          The Banks hereby waive compliance by the Borrower of Section 4.02(f)
of the Credit Agreement with respect to the Additional Tranche B Term Loan.

                 SECTION TWO - AMENDMENTS TO CREDIT AGREEMENT.
                 -----------   ------------------------------
The Credit Agreement is amended as hereinafter provided in this Section One,
effective as of June 2, 1997 (the "Amendment Effective Date").

           2.1.  Amendments to Section 1 of the Credit Agreement
                 -----------------------------------------------

           (a)  Section 1.01 shall be amended by deleting clause (b) thereof
in its entirety and substituting in its place the following:
<PAGE>
 
                                      -2-


          "(b)  Subject to and upon the terms and conditions set forth herein,
     each Bank with an Initial Tranche B Term Loan Commitment ("Initial Tranche
                                                                ---------------
     B Term Loan Banks") severally agrees to make on the Effective Date a term
     ------------------
     loan (each such term loan, a "Initial Tranche B Term Loan" and,
                                   ---------------------------
     collectively, the "Initial Tranche B Term Loans") to the Borrower, which
                        ----------------------------
     Initial Tranche B Term Loans (i) shall be made and initially maintained as
     a single Borrowing of Base Rate Loans (subject to the option to convert
     such Initial Tranche B Term Loans pursuant to Section 1.06); provided that,
     except as otherwise specifically provided in Section 1.10(b), all Initial
     Tranche B Term Loans comprising the same Borrowing shall at all times be of
     the same Type, and (ii) shall equal for each Bank, in initial aggregate
     principal amount, an amount which equals the Initial Tranche B Term Loan
     Commitment of such Bank on the Effective Date (before giving effect to any
     reductions thereto on such date pursuant to Section 3.03(b)).  Once repaid,
     Initial Tranche B Term Loans incurred hereunder may not be reborrowed."

           (b)  Section 1.01 shall be further amended by inserting the
following at the end of Section 1.01(e):

          "(f)  Subject to and upon the terms and conditions set forth herein,
     each Bank with an Additional Tranche B Term Loan Commitment ("Additional
                                                                   ----------
     Tranche B Term Loan Banks") severally agrees to make on the Amendment
     ---------------------------
     Effective Date a term loan (each such term loan, an "Additional Tranche B
     Term Loan" and, collectively, the "Additional Tranche B Term Loans") to the
     Borrower, which Tranche B Term Loans (i) shall be made and initially
     maintained as a single Borrowing of Base Rate Loans (subject to the option
     to convert such Tranche B Term Loans pursuant to Section 1.06); provided
     that, except as otherwise specifically provided in Section 1.10(b), all
     Tranche B Term Loans comprising the same Borrowing shall at all times be of
     the same Type, and (ii) shall equal for each Bank, in initial aggregate
     principal amount, an amount which equals the Additional Tranche B Term Loan
     Commitment of such Bank on the Amendment Effective Date (before giving
     effect to any reductions thereto on such date pursuant to Section 3.03(b)).
     Once repaid, Additional Tranche B Term Loans incurred hereunder may not be
     reborrowed."
<PAGE>
 
                                      -3-

          (c) Section 1.05(a) shall be amended by inserting the word "Initial"
before the terms "Tranche B Term Loans" and "Tranche B Term Notes" in its clause
(ii) and deleting the "and" before clause (iv) and adding the following
additional clause at the end thereto:  "and (v) if an Additional Tranche B Term
Loan, by a promissory note duly executed and delivered by the Borrower
substantially in the form of Exhibit B-5 with blanks appropriately completed in
                             -----------                                       
conformity herewith (each, an "Additional Tranche B Term Note" and,
                               ------------------------------
collectively, the "Additional Tranche B Term Notes")."
                   ---------------------------------

          (d) Section 1.05(c) shall be amended by inserting the word "Initial"
before the terms "Tranche B Term Note" and "Tranche B Term Loans".

          (e) Section 1.05 shall be amended by inserting the following at the
end of Section 1.05(f):

          "(g)  The Additional Tranche B Term Note issued to each Bank shall (i)
     be executed by the Borrower, (ii) be payable to the order of such Bank and
     be dated the Amendment Effective Date, (iii) be in a stated principal
     amount equal to the Additional Tranche B Term Loans made by such Bank on
     the Amendment Effective Date and be payable in the principal amount of
     Additional Tranche B Term Loans evidenced thereby, (iv) mature on the
     Tranche B Term Loan Maturity Date, (v) bear interest as provided in the
     appropriate clause of Section 1.08 in respect of the Base Rate Loans and
     Eurodollar Loans, as the case may be, evidenced thereby, (vi) be subject to
     voluntary prepayments as provided in Section 4.01 and mandatory repayment
     as provided in Section 4.02 and (vii) be entitled to the benefits of this
     Agreement and the other Credit Documents."

          2.2. Amendment to Section 4 of the Credit Agreement
               ----------------------------------------------

           (a)  Section 4.02(d) shall be amended by deleting the table
 contained thereof in its entirety and substituting the following tables
 therefor:

"Initial Tranche B Scheduled Repayment Date                Amount       
 ------------------------------------------                ------      
Semi-Annual Payment Date in June, 1997                  $    500,000   
Semi-Annual Payment Date in Dec., 1997                  $    500,000   

Semi-Annual Payment Date in June, 1998                  $    500,000   
<PAGE>
 
                                      -4-

Semi-Annual Payment Date in Dec., 1998                  $    500,000   

Semi-Annual Payment Date in June, 1999                  $    500,000   
Semi-Annual Payment Date in Dec., 1999                  $    500,000   

Semi-Annual Payment Date in June, 2000                  $    500,000   
Semi-Annual Payment Date in Dec., 2000                  $    500,000   

Semi-Annual Payment Date in June, 2001                  $    500,000   
Semi-Annual Payment Date in Dec., 2001                  $    500,000   

Semi-Annual Payment Date in June, 2002                  $    500,000   
Semi-Annual Payment Date in Dec., 2002                  $    500,000   

Semi-Annual Payment Date in June, 2003                  $ 31,333,333   
Semi-Annual Payment Date in Dec., 2003                  $ 31,333,333   

Semi-Annual Payment Date in June, 2004                  $ 31,333,334   
                                                                       
Additional Tranche B Scheduled Repayment Date              Amount      
---------------------------------------------              ------
                                                                       
Semi-Annual Payment Date in Dec., 1997                  $    300,000   

Semi-Annual Payment Date in June, 1998                  $    300,000   
Semi-Annual Payment Date in Dec., 1998                  $    300,000   

Semi-Annual Payment Date in June, 1999                  $    300,000   
Semi-Annual Payment Date in Dec., 1999                  $    300,000   

Semi-Annual Payment Date in June, 2000                  $    300,000   
Semi-Annual Payment Date in Dec., 2000                  $    300,000   

Semi-Annual Payment Date in June, 2001                  $    300,000   
Semi-Annual Payment Date in Dec., 2001                  $    300,000   

Semi-Annual Payment Date in June, 2002                  $    300,000   
Semi-Annual Payment Date in Dec., 2002                  $    300,000   

Semi-Annual Payment Date in June, 2003                  $ 18,900,000   
Semi-Annual Payment Date in Dec., 2003                  $ 18,900,000   

Semi-Annual Payment Date in June, 2004                  $ 18,900,000"    
<PAGE>
 
                                      -5-

        2.3.  Amendments to Section 11 of the Credit Agreement
              ------------------------------------------------

        (a)  Section 11.01 shall be amended by adding the following new
definitions, in the appropriate alphabetical order.

         "'Additional Tranche B Term Loan' shall have the meaning provided in
 Section 1.01(f)."

         "'Additional Tranche B Term Note' shall have the meaning provided in
 Section 1.05(a)."

         "'Amendment No. 1' shall mean Amendment Number One and Waiver dated
 as of June 2, 1997 to this Agreement.'

         "'Initial Tranche B Term Loan' shall have the meaning provided in
 Section 1.01(b)."

         "'Initial Tranche B Term Note' shall have the meaning provided in
 Section 1.05(a)."

        (b)  Section 11.01 shall be amended as follows:

         "Permitted Acquisition" shall be amended by deleting the definition
 thereof and replacing it with the following:

         "'Permitted Acquisition' shall mean (a) the merger or consolidation of
any Person into Holdings or any Wholly Owned Subsidiary of Holdings or (b) the
acquisition by Holdings or its Subsidiaries of all or substantially all of the
assets of any Person (or all or substantially all of the assets of a product
line or division of any Person) not already a Subsidiary of Holdings or 100% of
the capital stock of any such Person; provided that any such merger,
                                      --------
consolidation or acquisition shall only be a Permitted Acquisition so long as
(A) no Default or Event of Default exists (or will result from such
acquisitions), (B) pro forma for such acquisitions and the financings incurred
and conforming accounting adjustments made in connection therewith, (x) the
Consolidated Adjusted Senior Leverage Ratio of Holdings is less than 2.25:1.00;
and (y) the Consolidated Adjusted Leverage Ratio of Holdings is less than
4.50:1.00; and (C) such Permitted Acquisition is funded with (i) cash and Cash
Equivalents as reflected on the consolidated balance sheet of Holdings as of the
date of such Permitted Acquisition, (ii) Revolving Loans in an aggregate
principal amount at any time outstanding not to exceed $45,000,000, (iii)
Holdings Common Stock or (iv) as to any Permitted Acquisition 
<PAGE>
 
                                      -6-

consummated within one year of the Effective Date, proceeds of either
Indebtedness incurred pursuant to Section 9.04(h) or the sale or issuance of
equity securities (subject to the provisions of 4.02(e)) (v) any Indebtedness
permitted by Section 9.04, or (vi) any combination of these items referred to in
subclauses (i), (ii), (iii) or (iv) of this clause (c); provided, however, that
for any Permitted Acquisition funded solely in accordance with either subclause
(i), (ii), (v) or (vi) of this clause (C), the total consideration, after the
first anniversary of the Effective Date, shall be limited to $20,000,000 unless
otherwise agreed to by the Agents; and provided further, that to the extent any
such Permitted Acquisition or series of Permitted Acquisitions funded pursuant
to subclause (iv) of this clause (C) is not made by the Borrower or any of its
Subsidiaries or is not contributed by Holdings to either the Borrower or any of
its Subsidiaries, neither the Borrower nor any of its Subsidiaries shall incur
any Indebtedness (including Guarantees) with respect thereto. Notwithstanding
anything to the contrary contained in the immediately preceding sentence, an
acquisition shall be a Permitted Acquisition only if all requirements of Section
9.02(j) with respect to Permitted Acquisitions are met with respect thereto."

           "Tranche B Term Loan" shall be amended by deleting the definition
 thereof and replacing it with the following:

           "'Tranche B Term Loan' shall mean the Initial Tranche B Term Loans
 and the Additional Tranche B Term Loans."

           "Tranche B Term Note" shall be amended by deleting the definition
 thereof and replacing it with the following:

           "'Tranche B Term Note' shall mean each Initial Tranche B Term Note
 and Additional Tranche B Term Note."

           2.4.  Amendments to Section 8 of the Credit Agreement
                 -----------------------------------------------

           (a)  Section 8.01(a) shall be amended by deleting "and consolidating"
immediately before the words "balance sheets" and "statements of operations" in
clause (i) thereof.

           (b)  Section 8.01(c) shall be amended by inserting the words "and
consolidating" immediately before the words "statements of operations" and by
inserting "(except for the consolidating balance sheets and statements of
operations)" immediately after the words "and certified" in clause (i) thereof.
<PAGE>
 
                                      -7-

           2.5.  Amendments to Section 9 of the Credit Agreement
                 -----------------------------------------------

           (a)  Section 9.02(h) shall be amended by inserting the words "if
any" after the words "the security interests" in clause (ii) thereof.

           (b)  Section 9.02(j) shall be amended to change the reference
therein from "30 days" to "10 days" and shall be further amended by inserting at
the end of clause (ii) thereof the following:

     ; provided, that with respect to Permitted Acquisitions in respect of which
       --------
     the total consideration payable is less than $5,000,000 such Permitted
     Acquisition Notice and certificate of Chief Financial Officer of Holdings
     may be delivered to the Agents promptly after the closing of such Permitted
     Acquisition.

          (c)  Section 9.02 shall be amended by adding at the end thereof
the following:

          "(o) In connection with any Permitted Acquisition, a Person may merge
     or consolidate with and into Holdings or any Wholly Owned Subsidiary of
     Holdings."

          (d)  Section 9.08 shall be amended by adding at the end thereof
before the ":" the following:

     "provided, however, that for purposes of this Section 9.08 the Consolidated
      --------  -------
     Adjusted Leverage Ratio for any Test Period may be determined on a pro
     forma basis as if any Permitted Acquisition (or other acquisition or
     transaction with respect to which the requisite consents of the Lenders
     have been obtained) that occurred during or subsequent to such Test Period
     (and the incurrence, assumption and/or repayment of any Indebtedness in
     connection with any such Permitted Acquisition or acquisition or other
     transaction), as the case may be, had occurred on the first day of such
     Test Period (and such Indebtedness, if any, had remained outstanding (or
     had not been outstanding, as the case may be) throughout such Test Period),
     it being understood that, in calculating the Consolidated Adjusted Leverage
     Ratio in connection with each and every Permitted Acquisition or
     acquisition or other transaction, Consolidated EBITDA shall include the
     results of operations of the Person or 
<PAGE>
 
                                      -8-

     assets acquired pursuant to each such Permitted Acquisition or acquisition
     or other transaction on a pro forma basis as if such acquisition or other
     transaction had occurred on the first day of the respective Test Period and
     shall include any conforming accounting adjustments made in connection
     therewith".

          (e)  Section 9.10 shall be amended by adding at the end thereof
before the ":" the following:

     "; provided, however, that for purposes of this Section 9.10 Consolidated
        --------  -------  
     EBITDA for any Test Period may give pro forma effect to a Permitted
     Acquisition (or other acquisition or transaction with respect to which the
     requisite consents of the Lenders have been obtained) as if such Permitted
     Acquisition (or acquisition or other transaction) had occurred on the first
     day of such Test Period."

          (f)  Section 9.15 shall be amended to change the reference therein
from "15 days" to "10 days" and shall be further amended by inserting after the
words "so long as" appearing in the first sentence thereof the following: ",
except in the case of any Subsidiary that will be merged with and into Holdings
or any of its Wholly Owned Subsidiaries as promptly as practicable after an
Investment made pursuant to Sections 9.05(i), (k), (l) or (n)" and shall further
be amended by deleting clause (iii) thereof in its entirety and substituting in
its place the following:

          "(iii) such new Subsidiary promptly executes a counterpart of the
     Guaranty, the Pledge Agreement and the Security Agreement; provided,
                                                                ---------
     however, that notwithstanding the foregoing, such Subsidiary shall in no
     -------
     event be required to guarantee the Obligations in excess of the amounts
     permitted under the indenture pursuant to which the 11  3/4 Notes were
     issued (the "Indenture"); and provided, further that as long as the
     Indenture is in effect no new Subsidiary established, created or acquired
     after the Effective Date shall have total assets having a fair market value
     in excess of $20,000,000 and, notwithstanding Section 9.05, such assets
     (other than a de minimis amount for the purpose of forming a new
     subsidiary) shall be held by such new subsidiary solely as the result of a
     Permitted Acquisition occurring after the Effective Date."
<PAGE>
 
                                      -9-

          2.6.  Amendment to the Annexes of the Credit Agreement
                ------------------------------------------------

          Annex I shall be amended by the addendum to Annex I attached hereto as
Exhibit I.

             SECTION THREE - REPRESENTATIONS AND WARRANTIES.
             -------------   ------------------------------

           Holdings hereby confirms, reaffirms and restates the representations
 and warranties made by it in Section 7 of the Credit Agreement and all such
 representations and warranties are true and correct in all material respects as
 of the date hereof (it being understood and agreed that any representation or
 warranty which by its terms is made as of a specified date shall be required to
 be true and correct only as of such specified date), except such
 representations and warranties need not be true and correct to the extent that
 changes in the facts and conditions on which such representations and
 warranties are based are required or permitted under the Credit Agreement or
 such changes arise out of events not prohibited by the covenants set forth in
 Sections 8 and 9 of the Credit Agreement or otherwise permitted by consents or
 waivers.  Holdings further represents and warrants (which representations and
 warranties shall survive the execution and delivery hereof) to the Agents and
 each Lender that:

           (a)  Holdings and the Borrower each has the corporate power and
 authority to execute, deliver and perform this Amendment and has taken all
 corporate actions necessary to authorize the execution, delivery and
 performance of this Amendment;

           (b)  No consent of any person other than all of the Lenders or
 the Agents, and no consent, permit, approval or authorization of, exemption by,
 notice or report to, or registration,  filing or declaration with, any
 governmental authority is required in connection with the execution, delivery,
 performance, validity or enforceability of this Amendment;

           (c)  This Amendment has been duly executed and delivered on
 behalf of each of Holdings and the Borrower by a duly authorized officer or
 attorney-in-fact of Holdings and the Borrower, as the case may be, and
 constitutes a legal, valid and binding obligation of Holdings and the Borrower,
 as the case may be, enforceable in accordance with its terms, except as the
 enforceability thereof may be limited by (a) bankruptcy, insolvency, fraudulent
 conveyance, preferential transfer, reorganization, moratorium or other similar
<PAGE>
 
                                      -10-

 laws now or hereafter in effect relating to or affecting creditors' rights and
 remedies generally, (b) general principles of equity (whether such
 enforceability is considered in a proceeding in equity or at law), and by the
 discretion of the court before which any proceeding therefor may be brought, or
 (c) public policy considerations or court administrative, regulatory or other
 governmental decisions that may limit rights to indemnification or contribution
 or limit or affect any covenants or agreements relating to competition or
 future employment; and

           (d)  The execution, delivery and performance of this Amendment
 will not violate (i) any provision of law applicable to Holdings or the
 Borrower or (ii) contractual obligation of either Holdings or the Borrower,
 except in the case of clause (i) or (ii), such violations that would not
 reasonably be expected to result in, singly or in the aggregate, a Material
 Adverse Effect.

                  SECTION FOUR - CONDITIONS PRECEDENT.
                  ------------   --------------------

          Upon the fulfillment of the following conditions the amendments
contemplated by this Amendment No. 1 shall become effective as of the Amendment
Effective Date:

           (a) Holdings and the Borrower shall have delivered to the
 Administrative Agent a certificate of the Secretary of Holdings and the
 Borrower, dated the Amendment Effective Date and attaching resolutions of its
 Board of Directors in form and substance satisfactory to the Agent approving
 and authorizing the execution, delivery and performance of this Amendment No.
 1, signature and incumbency certificates and such other documents that the
 Agents may reasonably request.

           (b)  The Additional Tranche B Term Loans made by each Bank shall be
 evidenced by Additional Tranche B Term Notes, each duly executed and delivered
 by the Borrower to each such Bank substantially in the form of Exhibit B-5
 hereto, dated the Amendment Effective Date, with blanks appropriately completed
 in conformity herewith and in conformity with the Credit Agreement.

           (c)  Holdings and the Borrower shall take any and all actions and
 agree to execute and deliver all such instruments and documents as the
 Collateral Agent shall reasonably deem necessary or desirable to effect the
 transactions contemplated by this Amendment.
<PAGE>
 
                                      -11-

                   SECTION FIVE - MISCELLANEOUS.
                   ------------   -------------

           (a)  Except as herein expressly amended, the Credit Agreement
 and all other agreements, documents, instruments and certificates executed in
 connection therewith, except as otherwise provided herein, are ratified and
 confirmed in all respects and shall remain in full force and effect in
 accordance with their respective terms.

           (b)  This Amendment may be executed by the parties hereto in one
 or more counterparts, each of which shall be an original and all of which shall
 constitute one and the same agreement.

           (c)  THIS AMENDMENT SHALL BE GOVERNED BY, CONSTRUED AND ENFORCED
 IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO THE
 PRINCIPLES OF CONFLICT OF LAWS.

           (d)  This Amendment shall not constitute a consent or waiver to
 or modification of any other provision, term or condition of the Credit
 Agreement.  All terms, provisions, covenants, representations, warranties,
 agreements and conditions  contained in the Credit Agreement, as amended
 hereby, shall remain in full force and effect.
<PAGE>
 
                                      -12-

           IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
 be duly executed as of the date first above written.

                              COINMACH LAUNDRY CORPORATION

                              By: /s/ ROBERT M. DOYLE
                                 ----------------------------------- 
                              Name:   Robert M. Doyle
                              Title:  Senior Vice President

                              COINMACH CORPORATION

                              By: /s/ ROBERT M. DOYLE
                                 ----------------------------------- 
                              Name:   Robert M. Doyle
                              Title:  Senior Vice President
<PAGE>
 
                                      -13-

                              BANKERS TRUST COMPANY,
                              Individually and as
                              Administrative Agent

                              By: /s/ PATRICIA HOGAN
                                 ----------------------------------- 
                              Name:   Patricia Hogan
                              Title:  Vice President
<PAGE>
 
                                      -14-

                              FIRST UNION NATIONAL BANK OF NORTH CAROLINA,
                              Individually and as Syndication Agent

                              By: /s/ MARK B. FELKER
                                 ----------------------------------- 
                              Name:   Mark B. Felker
                              Title:  Senior Vice President
<PAGE>
 
                                      -15-

                              LEHMAN COMMERCIAL PAPER INC.,
                              Individually and as Documentation Agent

                              By: /s/ DENNIS J. DEE
                                 ----------------------------------- 
                              Name:   Dennis J. Dee
                              Title:  Authorized Signatory
<PAGE>
 
                                      -16-

                              FLEET NATIONAL BANK,
                              as a Lender

                              By: /s/ ERIC C. VANDER MEL
                                 ----------------------------------- 
                              Name:   Eric C. Vander Mel
                              Title:  Vice President
<PAGE>
 
                                      -17-

                              BANKBOSTON, N.A. as a Lender

                              By: /s/ TIMOTHY H. BARNES
                                 ----------------------------------- 
                              Name:   Timothy H. Barnes
                              Title:  Division Executive
<PAGE>
 
                                      -18-

                              BANK OF SCOTLAND, as a Lender

                              By: /s/ ANNIE CHIN TAT
                                 ----------------------------------- 
                              Name:   Annie Chin Tat
                              Title:  Vice President
<PAGE>
 
                                      -19-

                              CREDIT LYONNAIS NEW YORK BRANCH,
                              as a Lender

                              By: /s/ ATTILA KOC
                                 ----------------------------------- 
                              Name:   Attila Koc
                              Title:  Vice President
<PAGE>
 
                                      -20-

                              HELLER FINANCIAL, as a Lender

                              By: /s/ LINDA W. WOLF
                                 ----------------------------------- 
                              Name:   Linda W. Wolf
                              Title:  Senior Vice President
<PAGE>
 
                                      -21-

                              THE ING CAPITAL SENIOR SECURED HIGH INCOME FUND,
                              L.P.

                              By: /s/ MICHAEL D. HARTLEY
                                 ---------------------------------------  
                              Name:   Michael D. Hartley
                              Title:  Vice President & Portfolio Manager
<PAGE>
 
                                      -22-

                              MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY

                              By: /s/ JOHN B. JOYCE
                                 -----------------------------------  
                              Name:   John B. Joyce
                              Title:  Managing Director
<PAGE>
 
                                      -23-

                              MERRILL LYNCH SENIOR FLOATING RATE FUND, INC.

                              By: /s/ ANTHONY R. CLEMENTE
                                 -----------------------------------  
                              Name:   Anthony R. Clemente
                              Title:  Authorized Signatory
<PAGE>
 
                                      -24-

                              THE NIPPON CREDIT BANK, LTD.,
                              as a Lender

                              By:                                    
                                 -----------------------------------  
                              Name:
                              Title:
<PAGE>
 
                                      -25-

                              PILGRIM AMERICA PRIME RATE TRUST

                              By: /s/ THOMAS C. HUNT
                                 -----------------------------------  
                              Name:   Thomas C. Hunt
                              Title:  Portfolio Analyst
<PAGE>
 
                                      -26-

                              PRIME INCOME TRUST,
                              as a Lender

                              By: /s/ RAFAEL SCOLARI
                                 -----------------------------------  
                              Name:   Rafael Scolari
                              Title:  V.P. Portfolio Manager
<PAGE>
 
                                      -27-

                              RESTRUCTURED OBLIGATIONS

                              Backed by Senior Assets B.V.

                              By:  Chancellor LGT Senior
                                   Secured  Management, Inc.
                                   as Portfolio Advisor

                              By:                                    
                                 -----------------------------------  
                              Name:
                              Title:
<PAGE>
 
                                      -28-

                              SENIOR DEBT PORTFOLIO
                              By:  Boston Management and
                              Research as Investment Advisor

                              By: /s/ SCOTT H. PAGE
                                 -----------------------------------
                              Name:   Scott H. Page
                              Title:  Vice President
<PAGE>
 
                                                                    Exhibit I to

                                                                   Amendment One

                                  COMMITMENTS
                                  -----------

                  Bank                    Additional Tranche B
                  ----                    Term Loan Commitment
                                          --------------------

Bankers Trust Company                              $20,500,000

First Union National Bank of North                   4,500,000
 Carolina

Lehman Commercial Paper Inc.                         4,500,000

Fleet National Bank                                  2,100,000

BankBoston, N.A.                                     2,100,000

Bank of Scotland                                     2,100,000

Credit Lyonnais New York Branch                      2,100,000

Heller Financial                                     2,100,000

The ING Capital Senior Secured High                  4,000,000
 Income Fund L.P.

Massachusetts Mutual Life Insurance                  4,000,000
 Company

Merrill Lynch Senior Floating Rate                   4,000,000
 Fund, Inc.

The Nippon Credit Bank, LTD.                           -- 0 --

Pilgrim America Prime Rate Trust                     4,000,000

Prime Income Trust                                   4,000,000

Chancellor LGT Senior Secured Management                 - 0 -

Senior Debt Portfolio                                    - 0 -
                                                   -----------

TOTAL                                              $60,000,000