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Exhibit 10.1
DATED THE 20TH DAY OF JULY 2000
BETWEEN
SILICON MANUFACTURING PARTNERS PTE LTD
(the "Borrower")
ABN AMRO BANK N.V., SINGAPORE BRANCH
CITIBANK, N.A., SINGAPORE BRANCH
OVERSEAS UNION BANK LIMITED
(the "Lead Arrangers")
THE BANKS AND FINANCIAL INSTITUTIONS
(the "Lenders")
CITICORP INVESTMENT BANK (SINGAPORE) LIMITED
(the "Facility Agent")
AND
CITICORP INVESTMENT BANK (SINGAPORE) LIMITED
(the "Security Agent")
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SUPPLEMENTAL AGREEMENT
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[TSM & P LOGO]
THIO SU MIEN & PARTNERS, Advocates & Solicitors
00 Xxxxxxx Xxxxx, #00-00 Xxxxxx Xxxxx, Xxxxxxxxx 000000
Telephone: (000) 000 0000 Facsimile: (065) 534 4822
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THIS AGREEMENT is made on 20th day of July 2000
BETWEEN
(1) SILICON MANUFACTURING PARTNERS PTE LTD (the "BORROWER");
(2) ABN AMRO BANK N.V., SINGAPORE BRANCH, CITIBANK, N.A., SINGAPORE BRANCH and
OVERSEAS UNION BANK LIMITED (the "LEAD ARRANGERS" and each a "LEAD
ARRANGER")
(3) THE BANKS AND FINANCIAL INSTITUTIONS listed under the heading "Lenders" at
the end of this Agreement (the "LENDERS" and each a "LENDER")
(4) CITICORP INVESTMENT BANK (SINGAPORE) LIMITED (the "FACILITY AGENT"), as
facility agent for the Lenders;
AND
(5) CITICORP INVESTMENT BANK (SINGAPORE) LIMITED (the "SECURITY AGENT"), as
security agent for the Lenders.
(hereinafter collectively referred to as the "PARTIES" and each a "PARTY").
WHEREAS:-
(A) The Parties have entered into a Syndicated Credit Facilities Agreement
dated 3rd September 1999 (the "PRINCIPAL AGREEMENT") whereby the
Lenders have agreed to make available to the Borrower loan facilities in
the aggregate not exceeding Singapore Dollars Two Hundred and Fifty Million
(S$250,000,000.00) and United States Dollars Three Hundred Million
(US$300,000,000.00) on and subject to the terms and conditions set out in
the Principal Agreement.
(B) The Borrower has requested the Lenders and the Lenders have agreed to
permit the Borrower to drawdown Tranche B[T] Facility in more than one
drawdown instead of a single drawdown on the terms set out herein.
(C) Pursuant to this, the Parties have agreed to enter into this agreement
which shall be supplemental to the Principal Agreement.
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NOW IT IS HEREBY AGREED AS FOLLOWS:-
1. DEFINITIONS
In this Agreement:-
1.1 unless otherwise stated or otherwise so required, terms defined or
qualified in the Principal Agreement have the same meanings where used in
this Agreement;
1.2 clause headings are inserted for convenience of reference only and shall be
ignored in the interpretation of this Agreement;
1.3 unless the context otherwise requires:-
1.3.1 references to Clauses and Schedules are to be construed as references
to clauses of, and the schedules to, this Agreement and references to
this Agreement include the Schedules;
1.3.2 references to (or any specified provision of) this Agreement or any
other document in this Agreement (including the recitals herein)
shall be construed as references to this Agreement, that provision or
that documents as in force for the time being as amended,
supplemented or modified from time to time;
1.3.3 words importing the plural shall include the singular and vice versa;
1.3.4 references to a person shall be construed as including references to
an individual, firm, company, corporation, unincorporated body of
persons or any State or any agency thereof; and
1.3.5 references to any enactment shall be deemed to include references to
such enactment as re-enacted, amended or extended.
2. TRANCHE B[T] FACILITY
2.1 ELECTION OF CURRENCY: The Borrower hereby elects pursuant to Clause 2.1.2
of the Principal Agreement to drawdown the Tranche B[T] Facility in US
Dollars which shall be an amount not exceeding US$145,000,000. Accordingly,
on each date on which an Advance is to be made in respect of the Tranche
B[T] Facility, each Tranche B Lender shall make available to the Facility
Agent its share (if any) of that Advance by payment in US Dollars.
2.2 MULTIPLE DRAWDOWNS: The Tranche B Lenders have agreed that the Borrower may
during the Availability Period drawdown the Tranche B[T] Facility in more
than one Advance and any amounts not drawndown at the end of the expiry of
the Availability Period shall be cancelled. No cancellation fee will be
payable. For the avoidance of doubt, this provision shall be without
prejudice to Clause 5.4 of the Principal Agreement.
2.3 NOTICE OF DRAWING: The Borrower shall give notice of Drawing of each
Advance in accordance with the provisions of Clause 4.2 of the Principal
Agreement, provided
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that the proposed Advance Date is not less than five (5) Business Days
after the date upon which the immediately preceding Tranche B[T] Advance,
if any, is made. In addition, each Notice of Drawing shall state the
proposed amount of the Advance which must be equal to or less than the
Available Tranche B Commitment and, if less than the Available Tranche B
Commitment, must be US$10,000,000 or a higher whole multiple of
US$1,000,000.
2.4 INTEREST PERIODS: The provisions of Clause 6.1 of the Principal Agreement
shall apply to the Advances made under the Tranche B[T] Facility so that
the multiple Advances made thereunder shall be consolidated in accordance
with the provisions of Clause 6.1. For the avoidance of doubt, Advances
made under the Tranche A Facility shall be treated separately from the
Advances made under the Tranche B[T] Facility.
2.5 REPAYMENT OF TRANCHE B[T] FACILITY: The Borrower shall repay the Tranche
B[T] Outstandings in US Dollars in accordance with the dates set out in the
Schedule hereto and in this regard, Schedule 11B of the Principal Agreement
shall no longer be applicable.
2.6 TRANCHE B(G) FACILITY: The Lenders and the Borrower hereby agree that
Tranche B(G) Facility shall be cancelled from the date hereof and
references in the Principal Agreement to it shall be construed accordingly.
3. EFFECTIVE DATE
It is hereby agreed by the Parties that this Agreement and the amendments
referred to herein shall take effect from the date hereof.
4. CONFIRMATION & INCORPORATION
4.1 Except to the extent expressly varied or amended by the provisions of
this Agreement, the terms and conditions of the Principal Agreement are
hereby confirmed and shall remain in full force and effect.
4.2 The Principal Agreement and this Agreement shall be read and construed as
one document and this Agreement shall be considered to be part of the
Principal Agreement and, without prejudice to the generality of the
foregoing, where the context so allows, references in this Agreement to the
"Principal Agreement", however expressed, shall be read and construed as
references to the Principal Agreement as varied or amended and supplemented
by this Agreement.
5. COUNTERPARTS
This Agreement may be signed in any number of counterparts, all of which
taken together and when delivered to the Facility Agent shall constitute
one and the same instrument. Any party may enter into this Agreement by
signing any such counterpart.
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6. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the
laws of the Republic of Singapore and the Parties hereby submit to the
non-exclusive jurisdiction of the courts of the Republic of Singapore.
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SCHEDULE
REPAYMENT SCHEDULE
TRANCHE B[T] FACILITY (US$)
REPAYMENT DATE INSTALMENT AMOUNT
-------------- -----------------
1. Date falling on the expiry of the US$20,714,285.70
Availability Period ("1st Instalment Date")
2. Date falling 6 months from the expiry of the US$20,714,285.70
1st Instalment Date ("2nd Instalment Date")
3. Date falling 6 months from the expiry of the US$20,714,285.70
2nd Instalment Date ("3rd Instalment Date")
4. Date falling 6 months from the expiry of the US$20,714,285.70
3rd Instalment Date ("4th Instalment Date")
5. Date falling 6 months from the expiry of the US$20,714,285.70
4th Instalment Date ("5th Instalment Date")
6. Date falling 6 months from the expiry of the US$20,714,285.70
5th Instalment Date ("6th Instalment Date")
7. Date falling 6 months from the expiry of the US$20,714,285.80
6th Instalment Date
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IN WITNESS WHEREOF the parties hereto have duly executed this Agreement.
THE BORROWER
SILICON MANUFACTURING PARTNERS PTE LTD
00 Xxxxxxxxx Xxxxxxxxxx Xxxx X Xxxxxx 0
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Chia Song Hwee
-----------------------------
Name: Chia Song Hwee
-----------------------------
Title: Director
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THE LEAD ARRANGERS
ABN AMRO BANK N.V., SINGAPORE BRANCH
00 Xxxxxx Xxxxxx, Xxxxx 0
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxx Xxxx Fun By: /s/ Xxxxxxxx Xxxx
----------------------------- ----------------------------
Name: Xxxx Xxxx Fun Name: Xxxxxxxx Xxxx
----------------------------- ----------------------------
Title: Vice President Title: Vice President
----------------------------- ----------------------------
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CITIBANK, N.A., SINGAPORE BRANCH
0 Xxxxxxx Xxxxxx #00-00 Xxxxxxxxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxx Xxxx
-----------------------------
Name: Xxxxx Xxxx
-----------------------------
Title: Managing Director
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OVERSEAS UNION BANK LIMITED
0 Xxxxxxx Xxxxx, XXX Xxxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Wee Joo Yeow
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Name: Wee Joo Yeow
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Title: Executive Vice President
-----------------------------
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THE LENDERS
ABN AMRO BANK N.V., SINGAPORE BRANCH
00 Xxxxxx Xxxxxx, Xxxxx 0
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxx Xxxx Fun By: /s/ Xxxxxxxx Xxxx
----------------------------- ----------------------------
Name: Xxxx Xxxx Fun Name: Xxxxxxxx Xxxx
----------------------------- ----------------------------
Title: Vice President Title: Vice President
----------------------------- ----------------------------
CITIBANK, N.A., SINGAPORE BRANCH
0 Xxxxxxx Xxxxxx #00-00 Xxxxxxxxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxx Xxxx
-----------------------------
Name: Xxxxx Xxxx
-----------------------------
Title: Managing Director
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OVERSEAS UNION BANK LIMITED
0 Xxxxxxx Xxxxx, XXX Xxxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Wee Joo Yeow
-----------------------------
Name: Wee Joo Yeow
-----------------------------
Title: Executive Vice President
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BNP PARIBAS
00 Xxxxxxx Xxxx #00-00, Xxxx Xxxxxx
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00
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxx Xxxxxx
-----------------------------
Name: Xxxxx Xxxxxx
-----------------------------
Title: Head of Southern Asia
Structured Debt
-----------------------------
COMMERZBANK AKTIENGESELLSCHAFT, SINGAPORE BRANCH
0 Xxxxxxx Xxx #00-00, Xxxxxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxxx Xxx By: /s/ Xxxxx Xxxx
----------------------------- ----------------------------
Name: Xxxxxx Xxx Name: Xxxxx Xxxx
----------------------------- ----------------------------
Title: Senior Manager Title: Senior Manager
----------------------------- ----------------------------
DEN DANSKE BANK AKTIESELSKAB, SINGAPORE BRANCH
00 Xxxxxxx Xxxxx #00-00 Xxxxxxxxx Xxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxxx Xxxxxx By: /s/ Claes Braad Xxxxxxxx
----------------------------- ----------------------------
Name: Xxxxxx Xxxxxx Name: Claes Braad Xxxxxxxx
----------------------------- ----------------------------
Title: Manager Title: Manager
----------------------------- ----------------------------
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ING BANK N.V., SINGAPORE BRANCH
0 Xxxxxxx Xxxxx #00-00 Xxxxxxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Toh Xxx Xxxxx By: /s/ Xxxxxx Xxxxxx
----------------------------- ----------------------------
Name: Toh Xxx Xxxxx Name: Xxxxxx Xxxxxx
----------------------------- ----------------------------
Title: Senior Vice President Title: Country Manager Singapore
Corporate Banking ---------------------------
-----------------------------
THE BANK OF TOKYO-MITSUBISHI, LTD., SINGAPORE BRANCH
0 Xxxxxxx Xxxxx #00-00 Xxxxxxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxxxx Xxxxxxx
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Name: Xxxxxxx Xxxxxxx
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Title: Deputy General Manager
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KBC BANK N.V., SINGAPORE BRANCH
00 Xxxxx Xxxxxx #00-00, Xxxxxxxxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxx Xxx By: /s/ Tan Jock Khim
----------------------------- ----------------------------
Name: Xxxxx Xxx Name: Tan Jock Khim
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Title: Senior Relationship Manager Title: Manager Credit Department
Local Corporates ----------------------------
-----------------------------
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NATEXIS BANQUES POPULAIRES, SINGAPORE BRANCH
00 Xxxxxxx Xxxxx #00-00 Xxxxxxxxx Xxxx Xxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxx Hang By: /s/ Xxxxxxx Xxxxxxxx
----------------------------- ----------------------------
Name: Xxxxx Hang Name: Xxxxxxx Xxxxxxxx
----------------------------- ----------------------------
Title: Senior Vice President Title: Senior Vice President
Head of Corporate, Commodities Head of Commodities,
& Institutional Banking Corporate & Institutional
----------------------------- Banking
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THE NORINCHUKIN BANK, SINGAPORE BRANCH
00 Xxxxxxx Xxxxx #00-00 XXX Xxxxx 0
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxxxx Xxxxxxxxx
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Name: Xxxxxxx Xxxxxxxxx
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Title: General Manager
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UNICREDITO ITALIANO SPA, SINGAPORE BRANCH
00 Xxxxxxx Xxxxx #00-00 XXX Xxxxx 0
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Papa Gianni Granco By: /s/ Lim Soo Xxxx, Xxxxxx
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Name: Papa Gianni Granco Name: Lim Soo Xxxx, Xxxxxx
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Title: General Manager Title: Manager, Head of Credit Dept
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THE FACILITY AGENT
CITICORP INVESTMENT BANK (SINGAPORE) LIMITED
000 Xxxxxxxx Xxxxxx 0 #00-00, Xxxxxxxx Xxxxxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxxxxx Xxx
-----------------------------
Name: Xxxxxxxx Xxx
-----------------------------
Title: Managing Director
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THE SECURITY AGENT
CITICORP INVESTMENT BANK (SINGAPORE) LIMITED
000 Xxxxxxxx Xxxxxx 0 #00-00, Xxxxxxxx Xxxxxxxx
Xxxxxxxxx 000000
Fax Number: 000 0000
By: /s/ Xxxxxxxx Xxx
-----------------------------
Name: Xxxxxxxx Xxx
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Title: Managing Director
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