FLEX » Topics » FORM OF REAFFIRMATION AGREEMENT

These excerpts taken from the FLEX 8-K filed Jun 21, 2005.

FORM OF REAFFIRMATION AGREEMENT

 

REAFFIRMATION AGREEMENT (this “Agreement”), dated as of May 27, 2005, among FLEXTRONICS INTERNATIONAL USA, INC., a California corporation (“Borrower”), FLEXTRONICS INTERNATIONAL LTD., a Singapore corporation (“FIL”), each other subsidiary of FIL identified herein (each, a “Subsidiary Party” and, together with Borrower and FIL, the “Reaffirming Parties”) and ABN AMRO BANK N.V. (“ABN AMRO”), as Agent under the Restated Credit Agreement referred to below.

 

WHEREAS Borrower, each Lender and ABN AMRO, as Agent, have entered into an Amended and Restated Credit Agreement dated as of May 27, 2005 (the “Restated Credit Agreement”), which amends and restates the Credit Agreement dated as of March 3, 2004 (the “Existing Credit Agreement”), among Borrower, the lenders party thereto from time to time and the Agents party thereto as in effect on the date hereof;

 

WHEREAS each of the Reaffirming Parties is party to one or more of the Security Documents (such term and each other capitalized term used but not defined herein having the meaning assigned such terms in the Restated Credit Agreement);

 

WHEREAS each Reaffirming Party expects to realize, or has realized, substantial direct and indirect benefits as a result of the Restated Credit Agreement becoming effective and the consummation of the transactions contemplated thereby; and

 

WHEREAS the execution and delivery of this Agreement is a condition precedent to the consummation of the transactions contemplated by the Restated Credit Agreement.

 

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 agree as follows:

 

FORM OF REAFFIRMATION AGREEMENT

 

REAFFIRMATION AGREEMENT (this “Agreement”), dated as of May 27, 2005, among FLEXTRONICS INTERNATIONAL LTD., a Singapore corporation (“FIL”), each other subsidiary of FIL identified herein (each, a “Subsidiary Party” and, together with FIL, the “Reaffirming Parties”) and ABN AMRO BANK N.V. (“ABN AMRO”), as Agent under the Restated Credit Agreement referred to below.

 

WHEREAS FIL, the Designated Borrowers identified therein, each Lender and ABN AMRO, as Agent, have entered into an Amended and Restated Credit Agreement dated as of May 27, 2005 (the “Restated Credit Agreement”), which amends and restates the Credit Agreement dated as of March 3, 2004 (the “Existing Credit Agreement”), among FIL, the Designated Borrowers identified therein, the lenders party thereto from time to time and the Agents party thereto as in effect on the date hereof;

 

WHEREAS each of the Reaffirming Parties is party to one or more of the Security Documents (such term and each other capitalized term used but not defined herein having the meaning assigned such terms in the Restated Credit Agreement);

 

WHEREAS each Reaffirming Party expects to realize, or has realized, substantial direct and indirect benefits as a result of the Restated Credit Agreement becoming effective and the consummation of the transactions contemplated thereby; and

 

WHEREAS the execution and delivery of this Agreement is a condition precedent to the consummation of the transactions contemplated by the Restated Credit Agreement.

 

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 agree as follows:

 

These excerpts taken from the FLEX 8-K filed Jun 3, 2005.

FORM OF REAFFIRMATION AGREEMENT

 

REAFFIRMATION AGREEMENT (this “Agreement”), dated as of May 27, 2005, among FLEXTRONICS INTERNATIONAL USA, INC., a California corporation (“Borrower”), FLEXTRONICS INTERNATIONAL LTD., a Singapore corporation (“FIL”), each other subsidiary of FIL identified herein (each, a “Subsidiary Party” and, together with Borrower and FIL, the “Reaffirming Parties”) and ABN AMRO BANK N.V. (“ABN AMRO”), as Agent under the Restated Credit Agreement referred to below.

 

WHEREAS Borrower, each Lender and ABN AMRO, as Agent, have entered into an Amended and Restated Credit Agreement dated as of May 27, 2005 (the “Restated Credit Agreement”), which amends and restates the Credit Agreement dated as of March 3, 2004 (the “Existing Credit Agreement”), among Borrower, the lenders party thereto from time to time and the Agents party thereto as in effect on the date hereof;

 

WHEREAS each of the Reaffirming Parties is party to one or more of the Security Documents (such term and each other capitalized term used but not defined herein having the meaning assigned such terms in the Restated Credit Agreement);

 

WHEREAS each Reaffirming Party expects to realize, or has realized, substantial direct and indirect benefits as a result of the Restated Credit Agreement becoming effective and the consummation of the transactions contemplated thereby; and

 

WHEREAS the execution and delivery of this Agreement is a condition precedent to the consummation of the transactions contemplated by the Restated Credit Agreement.

 

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 agree as follows:

 

FORM OF REAFFIRMATION AGREEMENT

 

REAFFIRMATION AGREEMENT (this “Agreement”), dated as of May 27, 2005, among FLEXTRONICS INTERNATIONAL LTD., a Singapore corporation (“FIL”), each other subsidiary of FIL identified herein (each, a “Subsidiary Party” and, together with FIL, the “Reaffirming Parties”) and ABN AMRO BANK N.V. (“ABN AMRO”), as Agent under the Restated Credit Agreement referred to below.

 

WHEREAS FIL, the Designated Borrowers identified therein, each Lender and ABN AMRO, as Agent, have entered into an Amended and Restated Credit Agreement dated as of May 27, 2005 (the “Restated Credit Agreement”), which amends and restates the Credit Agreement dated as of March 3, 2004 (the “Existing Credit Agreement”), among FIL, the Designated Borrowers identified therein, the lenders party thereto from time to time and the Agents party thereto as in effect on the date hereof;

 

WHEREAS each of the Reaffirming Parties is party to one or more of the Security Documents (such term and each other capitalized term used but not defined herein having the meaning assigned such terms in the Restated Credit Agreement);

 

WHEREAS each Reaffirming Party expects to realize, or has realized, substantial direct and indirect benefits as a result of the Restated Credit Agreement becoming effective and the consummation of the transactions contemplated thereby; and

 

WHEREAS the execution and delivery of this Agreement is a condition precedent to the consummation of the transactions contemplated by the Restated Credit Agreement.

 

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 agree as follows:

 

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