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Exhibit 10.23(t)
AMENDMENT NO. 12 TO AMENDED AND RESTATED
RECEIVABLES PURCHASE AGREEMENT
This Amendment No. 12 to Amended and Restated Receivables Purchase Agreement (this “ Amendment ”) is dated as of August 28,
2008, among Avnet Receivables Corporation, a Delaware corporation (“ Seller ”), Avnet, Inc., a New York corporation (“ Avnet ”), as initial
Servicer (the Servicer together with Seller, the “ Seller Parties ” and each a “ Seller Party ”), each Financial Institution signatory hereto
(collectively, the “ Financial Institutions ”), each Company signatory hereto (the “ Companies ”) and JPMorgan Chase Bank, N.A. (successor
by merger to Bank One, NA (Main Office Chicago)), as agent for the Purchasers (the “ Agent ”).
RECITALS
Each of the parties hereto entered into that certain Amended and Restated Receivables Purchase Agreement, dated as of February 6,
2002, and amended such Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 1 thereto, dated as of June 26,
2002, and further amended such Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 2 thereto, dated as of
November 25, 2002, and further amended such Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 3
thereto, dated as of December 9, 2002, and further amended such Amended and Restated Receivables Purchase Agreement pursuant to
Amendment No. 4 thereto, dated as of December 12, 2002, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 5 thereto, dated as of June 23, 2003, and further amended such Amended and Restated Receivables Purchase
Agreement pursuant to Amendment No. 6 thereto, dated as of August 15, 2003, and further amended such Amended and Restated Receivables
Purchase Agreement pursuant to Amendment No. 7 thereto, dated as of August 3, 2005, and further amended such Amended and Restated
Receivables Purchase Agreement pursuant to Amendment No. 8 thereto, dated as of August 1, 2006, and further amended such Amended and
Restated Receivables Purchase Agreement pursuant to Amendment No. 9 thereto, dated as of August 31, 2006, and further amended such
Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 10 thereto, dated January 12, 2007 and effective as of
September 6, 2006, and further amended such Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 11
thereto, dated as of August 29, 2007 (such Amended and Restated Receivables Purchase Agreement, as so amended, the “
Purchase Agreement
”).
Each Seller Party has requested that the Agent and the Purchasers amend certain provisions of the Purchase Agreement, all as more fully
described herein.
Subject to the terms and conditions hereof, each of the parties hereto now desires to amend the Purchase Agreement as more particularly
described herein.
AMENDMENT NO. 12 TO AMENDED AND RESTATED
RECEIVABLES PURCHASE AGREEMENT
1