Letterhead of SGBN]
EXHIBIT 99.0
[Letterhead of SGBN]
| To: | Mattel International Holdings B.V. |
| Gondel 1 X.X. Xxx 000 |
| 0000 XX Xxxxxxxxxx |
| Xxx Xxxxxxxxxxx |
| Mattel France S.A.S. |
| 27-33 rue d’Xxxxxx Xxxxx 000 |
| 00000 Xxxxxx Xxxxx |
| Xxxxxx |
| Mattel GmbH |
| Xxxxxxxx 00 00 00 |
| 00000 Xxxxxxxx |
| Xxxxxxx |
July 12th, 2004
Dear Sirs
Master Agreement for the Transfer of Receivables dated 30th November, 2001 between yourselves as the Bank, Mattel France S.A. and Mattel GmbH as the Sellers and ourselves as the Depositor (the “Master Agreement”)
We refer to the Master Agreement and terms defined therein shall have the same meaning when used to this letter. You have requested the extension of the Commitment Termination Date pursuant to Clause 2.2 (b) of the Master Agreement.
We agree to your request, such that the definition of Commitment Termination Date in Clause 1.1 of the Master Agreement shall be amended to read as follows:
“Commitment Termination Date
means the earliest of the following dates:
| (a) | 24th June 2005 or, if that is not a Business Day, the immediately preceding Business Day (as this date may be extended from time to time in accordance with Clause 2.2 (Duration of Commitment)); or |
| (b) | the date on which the Commitment is terminated in accordance with Clauses 17.1 (Reduction of the Maximum amount of the Bank’s Funding), 15.17 (Termination) or 21.1 (Gross up).” |
This amendment shall take effect on 25th June, 2004.
Please confirm your agreement to the matters set out above by countersigning the enclosed copy of this letter and returning it to us.
This letter is governed by Dutch law and is designated a Closing Document.
| Yours faithfully,
|
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| /s/ XXXXXXX XXXXXXX Xxxxxxx Xxxxxxx Société Générale Bank Nederland N.V. |
/s/ XXXXX XXXXXXX Xxxxx Xxxxxxx Societe Generale Bank Netherland N.V. |
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Accepted and agreed
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| /s/ XXXXXXX KEI Richard Kei Mattel International Holdings B.V. |
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| /s/ FRANCOISE GREVISSE Francoise Grevisse Mattel France S.A.S. |
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| /s/ XXXXXX XXXX Xxxxxx Xxxx Mattel GmbH |
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