Common use of AMENDMENT TO THE FACTORING AGREEMENT Clause in Contracts

AMENDMENT TO THE FACTORING AGREEMENT. Schedule 1 (Terms and Conditions) clause 4 (Maximum Commitment) shall be amended in whole and read as follows: “GE CAPITAL will set a maximum limit for each of Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A., Constellium Extrusions Děčin s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG, whereby the total aggregate Maximum Commitment under the respective factoring agreements between GE CAPITAL and Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A., Constellium Extrusions Děčin s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG amounts to 115.000.000.00 EUR (one hundred fifteen million Euro) and the Maximum Commitment for Constellium Extrusions Decin s.r.o. may not exceed 15.000.000,00 EUR (fifteen million Euro). The respective Maximum Commitment can be changed upon request of the respective originator(s).”

Appears in 1 contract

Samples: Amendement Agreement (Constellium N.V.)

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AMENDMENT TO THE FACTORING AGREEMENT. Schedule 1 (Terms and Conditions) clause 4 (Maximum Commitment) shall be amended in whole and read as follows: “GE CAPITAL will set a maximum limit for each of Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A.S.A, Constellium Extrusions Děčin s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG, KG whereby the total aggregate Maximum Commitment under the respective factoring agreements between GE CAPITAL and Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A., Constellium Extrusions Děčin s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG amounts to 115.000.000.00 EUR (one hundred fifteen million Euro) and the Maximum Commitment for Constellium Extrusions Decin Déćin s.r.o. may not exceed 15.000.000,00 EUR (fifteen million Euro). The respective Maximum Commitment can be changed upon request of the respective originator(s).”

Appears in 1 contract

Samples: Amendement Agreement (Constellium N.V.)

AMENDMENT TO THE FACTORING AGREEMENT. Schedule 1 (Terms and Conditions) clause 4 (Maximum Commitment) shall be amended in whole and read as follows: “GE CAPITAL will set a maximum limit for each of Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A.S.A, Constellium Extrusions Děčin Děčín s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG, KG whereby the total aggregate Maximum Commitment under the respective factoring agreements between GE CAPITAL and Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A., Constellium Extrusions Děčin Děčín s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG amounts to 115.000.000.00 EUR (one hundred fifteen million Euro) and the Maximum Commitment for Constellium Extrusions Decin Děčín s.r.o. may not exceed 15.000.000,00 EUR (fifteen million Euro). The respective Maximum Commitment can be changed upon request of the respective originator(s).”

Appears in 1 contract

Samples: Amendement Agreement (Constellium N.V.)

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AMENDMENT TO THE FACTORING AGREEMENT. Schedule 1 (Terms and Conditions) clause 4 (Maximum Commitment) shall be amended in whole and read as follows: “GE CAPITAL will set a maximum limit for each of Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A.S.A, Constellium Extrusions Děčin Děčín s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG, KG whereby the total aggregate Maximum Commitment under the respective factoring agreements between GE CAPITAL and Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A., Constellium Extrusions Děčin Děčín s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG amounts to 115.000.000.00 EUR (one hundred fifteen million Euro) and the Maximum Commitment for Constellium Extrusions Decin Děčín s.r.o. may not exceed 15.000.000,00 EUR (fifteen million Euro). The respective Maximum Commitment can be changed upon request of the respective originator(s).

Appears in 1 contract

Samples: Amendement Agreement (Constellium N.V.)

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