MoneyGram 2011 Annual Report Download - page 167
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Exhibit 10.85
GSMP V ONSHORE US, LTD.
GSMP V OFFSHORE US, LTD.
GSMP V INSTITUTIONAL US, LTD.
200 West Street
New York, NY 10282−2198
October 24, 2011
MONEYGRAM PAYMENT SYSTEMS
WORLDWIDE, INC.
2828 N. Harwood Street, 15th Floor
Dallas, TX 75201
DEUTSCHE BANK TRUST COMPANY
AMERICAS, as Trustee
Trust & Securities Services
60 Wall Street, MS2710
New York, NY 10005
DEUTSCHE BANK TRUST COMPANY
AMERICAS
c/o Deutsche Bank National Trust Company
Trust & Securities Services
25 DeForest Avenue, MS SUMO1−0105
Summit, NJ 07901
Re: 13.25% Senior Secured Second Lien Notes Due 2018
Reference is hereby made to that certain Indenture (the “Base Indenture”) dated as of March 25, 2008, as supplemented by the First Supplemental
Indenture, dated as of August 6, 2009, the Second Supplemental Indenture dated as of June 29, 2010 and the Third Supplemental Indenture dated as of
April 19, 2011, and Fourth Supplemental Indenture dated as of September 29, 2011 (together with the Base Indenture, the “Indenture”) by and among
MoneyGram Payment Systems Worldwide, Inc. as the issuer (the “Company”), the Guarantors listed on the signature pages of the Indenture (the
“Guarantors”) and Deutsche Bank Trust Company Americas, as trustee (the “Trustee”). Capitalized terms used, but not defined, in this consent shall have
the meaning defined (including by reference) in the Indenture (as supplemented by the Fifth Supplemental Indenture, as defined below).
GSMP V ONSHORE US, LTD., GSMP V OFFSHORE US, LTD., and GSMP V INSTITUTIONAL US, LTD. (collectively, the “GS Holders”)
hereby represent and warrant to the Company and the Trustee that the GS Holders collectively own 100% in the aggregate principal amount of the
outstanding 13.25% Senior Secured Second Lien Notes due 2018 (the “Notes”) voting as a single class issued pursuant to the Indenture. The GS Holders
hereby consent to the entry into a fifth supplemental indenture (the “Fifth Supplemental Indenture”) to the Indenture in substantially the form attached
hereto as Annex A. At the request of the Company, the GS Holders, in their capacity as Required Holders under the Note Purchase Agreement and the
Indenture, hereby consent to the changes to the definition of “Highly Rated Investments” contained in the Fifth Supplemental Indenture (and consent to any
resulting changes in the Investment Policy relating to Holdco’s and the Holdco Subsidiaries’ investment portfolio).