From: Mattel International Holdings B.V.
Exhibit 99.0
| From: | Mattel International Holdings B.V. |
0xx Xxxxx
00 Xxxx Xxxx Xxxxxxx
Xxxxxxxxx 000000
Mattel France
27-33 rue d’Xxxxxx
Xxxxx 145
94523 Rungis Cedex
France
Mattel GmbH
Xx xxx Xxxxx 00
00000 Xxxxxxxx
Xxxxxxx
| To: | Société Générale Bank Nederland N.V. |
Xxxxxxxxxxx 0
0000 XX Xxxxxxxxx
Xxx Xxxxxxxxxxx
Attention: Xxxx Xxxxxxx
29 November 2006
Dear Sir,
We refer to the Master Agreement for the Transfer of Receivables dated 30 November 2001 between Société Générale Bank Nederland N.V. as the Bank, Mattel International Holdings B.V. as the Depositor and Mattel France and Mattel GmbH as the Sellers, as subsequently amended from time to time (the Master Agreement).
Unless otherwise defined herein, terms defined in the Master Agreement shall have the same meaning when used in this letter.
Notwithstanding the provisions of Clause 2.2 of the Master Agreement we hereby request that the Commitment Termination Date be extended until 28 February 2007.
Upon your agreement to this letter, we hereby confirm that the Master Additional Deposit Agreement and the Master Subordinated Deposit Agreement shall remain in full force and effect until the Agreement Expiry Date, as such date is extended in accordance with the extension of the Commitment Termination Date.
Each of Mattel International Holdings B.V., Mattel France and Mattel GmbH hereby represents and warrants to Société Générale Bank Nederland N.V. that it has the power to enter into and perform, and has taken all necessary action to authorise the entry into, performance and delivery of this letter.
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Mattel GmbH hereby further represents and warrants to Société Générale Bank Nederland N.V. that no bylaws (“Geschäftsordnung der Gesellschafterversammlung”) as mentioned in Clause 5.4 of its articles of association have been entered into.
This letter is made in 4 original copies and shall be governed by Dutch law. The provisions of Clause 34 (Jurisdiction and Waiver of Immunity) of the Master Agreement shall apply mutatis mutandis to this letter.
Yours sincerely,
| /s/ Jens Xxxxxxxx Xxxxxx |
/s/ Xxxxxxx Xxxx Phek Eng |
|||||
| Mattel International Holdings B.V. | ||||||
| By: Jens Xxxxxxxx Xxxxxx and Xxxxxxx Xxxx Phek Eng |
||||||
/s/ Bruno Bouldoire
Mattel France
By: Bruno Bouldoire
/s/ Xxxxx Xxxxxxx
Mattel GmbH
By: Xxxxx Xxxxxxx
We hereby agree to the above, as a result the Commitment Termination Date shall be extended until 28 February 2007.
/s/ Xxxxxx Xxxxxx
Société Générale Bank Nederland N.V.
By: Xxxxxx Xxxxxx
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