Circuit City 2000 Annual Report Download - page 34

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Exhibit 10.17
SECOND AMENDMENT
TO
REVOLVING CREDIT AGREEMENT
SECOND AMENDMENT, dated as of March 16, 2001 (the "Amendment") , to the REVOLVING CREDIT
AGREEMENT, dated as of November 30, 2000, among SYSTEMAX, INC., a Delaware corporation (" Systemax "),
the subsidiaries of Systemax named therein (together with Systemax, collectively, the " Borrowers "), THE CHASE
MANHATTAN BANK (" Chase "), The Bank of New York (" BNY
"; and together with Chase, the "Banks") and THE
CHASE MANHATTAN BANK, as Agent for the Banks (in such capacity, the " Agent "):
W I T N E S S E T H:
WHEREAS, the Borrowers, the Banks and the Agent are parties to that certain Revolving Credit Agreement,
dated as of November 30, 2000 as amended by that certain First Amendment to Revolving Credit Agreement, dated as
of January 22, 2001 (as the same may be amended, modified or supplemented from time to time, the " Credit
Agreement "); and
WHEREAS, the Borrowers have requested that from and after the Effective Date (as hereinafter defined) of this
Amendment, the Credit Agreement be amended subject to and upon the terms and conditions set forth herein;
NOW, THEREFORE, the parties hereto hereby agree as follows:
1. As used herein, all terms that are defined in the Credit Agreement shall have the same meanings herein.
2. The definition of the term "Maturity Date" set forth in Section 1.01 of the Credit Agreement is hereby
amended in its entirety to read as follows:
" Maturity Date " shall mean May 31, 2001.
3. This Amendment shall not become effective until the date (the " Effective Date ") on which this
Amendment shall have been executed by the Borrowers and the Banks, and the Agent shall have received evidence
satisfactory to it of such execution.
4. Except to the extent hereby amended, the Credit Agreement and each of the Loan Documents remain in
full force and effect and are hereby ratified and affirmed.
5. The Borrowers agree that their obligations set forth in Section 9.05 of the Credit Agreement shall extend
to the preparation, execution and delivery of this Amendment, including the reasonable fees and disbursements of
special counsel to the Agent.
6. This Amendment shall be limited precisely as written and shall not be deemed (a) to be a consent
granted pursuant to, or a waiver or modification of, any other term or condition of the Credit Agreement or any of the
instruments or agreements referred to therein or (b) to prejudice any right or rights which the Agent or the Banks may
now have or have in the future under or in connection with the Credit Agreement or any of the instruments or
10.17 Second Amendment, dated as of March 16, 2001 to Revolving Credit Agreement among the Company,
certain subsidiaries of the Company, The Chase Manhattan Bank, as Agent, and The Bank of New York, as
Documentation Agent, dated November 30, 2000
21
Subsidiaries of the Registrant
23
Consent of Independent Public Accountants