VIEWSONIC EUROPE LIMITED Riverside House 7th Floor 2a Southwark Bridge Road London SE1 9HA
Exhibit 10.19
VIEWSONIC EUROPE LIMITED Riverside House 7th Floor 0x Xxxxxxxxx Xxxxxx Xxxx Xxxxxx XX0 0XX |
||
Fax No.: | 0000 000 0000 | |
Attention: | European Legal Counsel |
22 June 2007
Dear Sirs,
Re Viewsonic facilities with Burdale
We refer to the facility agreement dated 24 June 2007 between Viewsonic Europe Limited (the Company) and certain affiliates of the Company in relation to $20,000,000 credit facilities provided by Burdale Financial Limited (Burdale) (the Facility Agreement). A term used in this letter and not otherwise defined has the meaning set out in the Facility Agreement.
1. Final Repayment Date
- 1.1
- The
Final Repayment Date is due to occur on 24 June 2007.
- 1.2
- The
Company has asked Burdale to extend the Final Repayment Date to 24 August 2007 (the Extended Final Repayment Date).
- 1.3
- Burdale
is prepared to change the Final Repayment Date to the Extended Final Repayment Date on the following conditions:
- (a)
- the
Company pays the fee specified in paragraph 2.1;
- (b)
- the
Company represents and warrants that no Default or Event of Default exists as at the date of this letter; and
- (c)
- each Guarantor confirms that its guarantee under the Facility Agreement is not affected by, and continues in full force and effect notwithstanding, the extension of the facilities to the Extended Final Repayment Date.
2. Agreement to conditions
- 2.1
- A
fee of £65,000 is payable on the date of this letter.
- 2.2
- If
the Company countersigns this letter in the space indicated to accept the terms of this letter then the Company will be deemed to make the representation and warranty set out in
paragraph 1.3(b).
- 2.3
- Each Guarantor confirms by signing this letter in the space indicated that its guarantee under the Facility Agreement is not affected by, and continues in full force and effect notwithstanding, the extension of the facilities to the Extended Final Repayment Date.
3. General
- 3.1
- This
letter is a Finance Document.
- 3.2
- This letter shall be governed by, and construed in accordance with, English law.
Yours faithfully
/s/ XXXXX XXXXXXXX /s/ XXXXX XXXXXX
Burdale
Financial Limited
THE COMPANY | ||||
Signed for and on behalf of |
) |
/s/ XXXXXXX XXXXXX |
||
VIEWSONIC EUROPE LIMITED | ) | |||
Address: | Riverside House, | ) | ||
7th Floor, | ) | |||
0x Xxxxxxxxx Xxxxxx Xxxx, | ) | |||
London | ) | |||
SE1 9HA | ) | |||
Fax No.: | 0000 000 0000 | ) | ||
Attention: | European Legal Counsel | ) | ||
THE ORIGINAL GUARANTORS |
||||
Signed for and on behalf of |
) |
/s/ XXX XXXXXX |
||
VIEWSONIC SARL | ) | |||
Address: | Riverside House, | ) | ||
7th Floor, | ) | |||
0x Xxxxxxxxx Xxxxxx Xxxx | ) | |||
London, | ) | |||
SE1 9HA | ) | |||
Fax No.: | 0000 000 0000 | ) | ||
Attention: | European Legal Counsel | ) | ||
Signed for and on behalf of |
) |
/s/ XXX XXXXXX |
||
VIEWSONIC TECHNOLOGY GMBH | ) | |||
Address: | Riverside House, | ) | ||
7th Floor, | ) | |||
0x Xxxxxxxxx Xxxxxx Xxxx | ) | |||
London, | ) | |||
SE1 9HA | ) | |||
Fax No.: | 0000 000 0000 | ) | ||
Attention: | European Legal Counsel | ) | ||
THE LENDER |
||||
Signed for and on behalf of |
) |
/s/ XXXXX XXXXXXXX /s/ XXXXX XXXXXX |
||
BURDALE FINANCIAL LIMITED | ) | |||
Address: | 00 Xxxxx Xxxx Xxxxxx, Xxxxxx XXX 0XX | ) | ||
Fax No: | 000 0000 0000 | ) | ||
Attention: | Company Secretary |