EX-4.51



 





EXHIBIT 4.51




SIXTH AMENDMENT

TO CREDIT AGREEMENT




     This Sixth Amendment to Credit Agreement (“Amendment”), is entered into as of December
21, 2007, by and between LaSalle Bank National Association (the “Lender”) and Telvent
Traffic North America Inc., a corporation organized and existing under the laws of the State of
Texas (the “Borrower”).



WITNESSETH:




     WHEREAS, the Borrower and the Lender have entered into a Credit Agreement, dated as of May 31,
2006 (as amended, extended, modified or supplemented from time to time, the “Credit
Agreement”);



     WHEREAS, the Borrower and the Lender desire to amend certain provisions of the Credit
Agreement to extend the Termination Date within the meaning thereof to April 30, 2008 as set forth
under the terms and conditions stated herein;



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


1. Definitions. Capitalized terms used herein but not defined herein shall have the
meaning ascribed thereto in the Credit Agreement, as amended hereby.



2. Amendment.




     (a) Section 1.01 of the Credit Agreement is hereby amended to delete the reference to the
definition of “Termination Date” contained therein and to replace said reference as follows:



     “‘Termination Date’ means April 30, 2008.”


3. Conditions Precedent. This Amendment shall not become effective until:




     (a) This Amendment shall have been executed and delivered by the Borrower and the Lender;



     (b) Certificate. A certificate signed by a Responsible Officer, dated as of the time
of execution and delivery of this Amendment, stating that:



                    (1) the representations and warranties contained in Article V of the Credit Agreement
are true and correct on and as of such date, as though made on and as of such date;



 









 





                    (2) no Default or Event of Default exists or would result from the execution, delivery and
performance of this Amendment; and



                    (3) no event or circumstance that has resulted or could reasonably be expected to result in a
Material Adverse Effect;



     (c) Such other approvals, opinions, documents, financial statements or materials as the Lender
may reasonably request.



     (d) An executed Affirmation of Guaranty substantially in the form of Annex 1 to this Amendment
(the “Affirmation”);



     (e) Resolutions; Incumbency.



                    (1) Copies of the resolutions, powers of attorney or other analogous action of the board of
directors, members or other governing body of the Guarantor authorizing the transactions
contemplated hereby, certified as of the date hereof by the Secretary, Assistant Secretary or other
analogous official of the Guarantor; and



                    (2) A certificate of the Secretary, Assistant Secretary or other analogous official of the
Guarantor, certifying the names and true signatures of the officers or other persons of the
Guarantor authorized to execute, deliver and perform, the Affirmation.


4. Representations and Warranties. The Borrower represents and warrants to the Lender
(which representations and warranties shall become part of the representations and warranties made
by the Borrower under the Credit Agreement) that:




     (a) The execution, delivery and performance of this Amendment has been duly authorized by all
necessary company action and will not require any consent or approval of its shareholders, violate
in any material respect any provision of any law, rule, regulation, order, writ, judgment,
injunction, decree, determination or award presently in effect having applicability to it or
constitute a default under any indenture or loan or credit agreement or any other agreement, lease
or instrument to which the Borrower is a party or by which it or its properties may be bound or
affected;



     (b) No consent, approval or authorization of or declaration or filing with any governmental
authority or any non-governmental person or entity, including without limitation, any creditor or
partner of the Borrower is required on the part of the Borrower in connection with the execution,
delivery and performance of this Amendment or the transactions contemplated hereby and the
execution, delivery and performance of this Amendment will not violate the terms of any contract or
agreement to which the Borrower is a party;



     (c) The Credit Agreement, as amended pursuant to this Amendment, is the legal, valid and
binding obligation of the Borrower, enforceable against it in accordance with the terms thereof;



     (d) After giving effect to the Amendment contained herein and effective pursuant hereto, the
representations and warranties contained in Article V of the Credit Agreement (other



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than those made solely in reference to an express date) are true and correct on and as of the
Effective Date hereof in the same force and effect as if made on and as of such Effective Date; and




     (e) After giving effect to this Amendment no Event of Default has occurred or exists under the
Credit Agreement as of the date hereof.


5. Expenses. The Borrower agrees to pay and save the Lender harmless from liability for
the payment of all costs and expenses arising in connection with this Amendment, including the
reasonable fees and expenses of Baker & McKenzie LLP, counsel to the Lender, in connection with the
preparation and review of this Amendment and any related documents.



6. Governing Law. This Amendment shall be governed by and construed in accordance with the
internal laws of the State of Illinois.



7. Miscellaneous. This Amendment may be executed in one or more counterparts, each of
which together shall constitute the same agreement. One or more counterparts of this Amendment may
be delivered by facsimile, with the intention that such delivery shall have the same effect as
delivery of an original counterpart thereof. The Borrower hereby ratifies and affirms all of its
obligations and the terms of the Credit Agreement and all amendments and modifications thereto.




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



	 	 	 	 	 
	LASALLE BANK NATIONAL ASSOCIATION	 	 
	 
	 	 	 	 
	By:

	 	/s/ Scott McCarthy
 

	 	 
	 
	 	 	 	 
	Its:

	 	First Vice President	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	TELVENT TRAFFIC NORTH AMERICA INC.	 	 
	 
	 	 	 	 
	By:

	 	/s/ Larry W. Stack	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Name:

	 	Larry W. Stack	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Title:

	 	Sr. Exec. V.P.	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	By:

	 	/s/ Dave Jardine	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Name:

	 	Dave Jardine	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Title:

	 	President	 	 
	 

	 	 	 	 





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ANNEX 1




AFFIRMATION

OF GUARANTY




*    This
Annex has not been filed as Telvent GIT, S.A. has determined it is
immaterial; however, a copy of the omitted Annex 1 will be furnished
by Telvent GIT, S.A. to the Commission upon a request by the
Commission.