THIRD AMENDMENT AGREEMENT
dated as of May 10, 1996
among
MICRO WAREHOUSE, INC.
THE SUBSIDIARIES OF MICRO WAREHOUSE, INC.
THE LENDERS SIGNATORY HERETO
and
THE CHASE MANHATTAN BANK (NATIONAL ASSOCIATION)
as Administrative Agent
THIRD AMENDMENT AGREEMENT
THIRD AMENDMENT AGREEMENT (this "Agreement") dated as of May 10, 1996 among
MICRO WAREHOUSE, INC., a corporation organized under the laws of Delaware
("Micro Warehouse"); each of the Subsidiaries of Micro Warehouse which is a
signatory hereto as a "New Subsidiary Borrower" (individually a "New Subsidiary
Borrower" and collectively the "New Subsidiary Borrowers"); each of the
Subsidiaries of Micro Warehouse which is a signatory hereto as an "Existing
Subsidiary Borrower" (individually an "Existing Subsidiary Borrower" and
collectively the "Existing Subsidiary Borrowers" and, together with the New
Subsidiary Borrowers, the "Subsidiary Borrowers") (the Subsidiary Borrowers,
together with Micro Warehouse, are collectively herein referred to as the
"Borrowers"); each of the Subsidiaries of Micro Warehouse which is a signatory
hereto as a "New Subsidiary Guarantor" (individually a "New Subsidiary
Guarantor" and collectively the "New Subsidiary Guarantors"); each of the
Subsidiaries of Micro Warehouse which is a signatory hereto as an "Existing
Subsidiary Guarantor" (individually an "Existing Subsidiary Guarantor" and
collectively the "Existing Subsidiary Guarantors" and, together with the New
Subsidiary Guarantors, the "Subsidiary Guarantors") (the Subsidiary Guarantors,
together with the Borrowers, are collectively herein referred to as the
"Obligors"); each of the financial institutions which is a signatory hereto as a
"Lender" (individually a "Lender" and collectively the "Lenders"); and THE CHASE
MANHATTAN BANK (NATIONAL ASSOCIATION), a national banking association organized
under the laws of the United States of America, as agent for the Lenders (in
such capacity, together with its successors in such capacity, the
"Administrative Agent").
WHEREAS, each of Micro Warehouse, the Existing Subsidiary Borrowers, the
Existing Subsidiary Guarantors, the Lenders and the Administrative Agent have
entered into that certain Credit Agreement dated as of July 25, 1995 (as amended
by that certain First Amendment Agreement dated as of January 1, 1996, as
further amended by that certain Second Amendment Agreement dated as of January
15, 1996 and as in effect prior to the effectiveness of this Agreement, the
"Existing Credit Agreement," and, as amended by this Agreement, the "Amended
Credit Agreement") pursuant to which the Lenders have extended credit to the
Obligors evidenced by certain Revolving Credit Notes (as in effect prior to the
effectiveness of this Agreement, the "Existing Revolving Credit Notes," and, as
amended and restated by this Agreement, the "Amended Revolving Credit Notes")
issued by the respective Borrower and guarantied by the other Borrowers and the
Subsidiary Guarantors;
WHEREAS, Micro Warehouse and Indigo Holding Company, Inc., a Delaware
corporation and wholly-owned Subsidiary of Micro Warehouse ("Merger Sub"), have
entered into that certain Agreement and Plan of Merger dated as of November 30,
1995 (including all schedules and exhibits referred to therein or delivered
pursuant thereto, the "Inmac Merger Agreement") with Inmac Corp., a Delaware
corporation
("Inmac"), pursuant to which Merger Sub agreed to merge with and into Inmac and
in connection therewith each Inmac stockholder is entitled to receive share(s)
of common stock of Micro Warehouse in exchange for each share of common stock of
Inmac that such stockholder owns (and cash in lieu of any fractional shares of
common stock of Micro Warehouse that such stockholder would otherwise be
entitled to) (the "Inmac Acquisition");
WHEREAS, each of Micro Warehouse, the Subsidiary Borrowers, the Subsidiary
Guarantors, the Lenders and the Administrative Agent have agreed to enter this
Agreement to provide for, among other things, an increase in the aggregate
Revolving Credit Commitments to $75,000,000, the addition of each of the New
Subsidiary Borrowers as a "Subsidiary Borrower", the addition of each of the New
Subsidiary Guarantors as a "Subsidiary Guarantor" and the consent of the Lenders
to the Inmac Acquisition;
WHEREAS, each of the New Subsidiary Borrowers and the New Subsidiary
Guarantors hereby acknowledges and confirms that it has received a copy of the
Existing Credit Agreement and the other Facility Documents and hereby
acknowledges and confirms, as being applicable to it, the recitals set forth in
the Facility Documents, and in particular that it expects to derive benefit,
direct or indirect, from the credit heretofore and hereafter outstanding to the
Obligors under the Amended Credit Agreement; and
WHEREAS, the Facility Documents, as amended and supplemented by this
Agreement (including, without limitation, this Agreement, the Amended Credit
Agreement and the Amended Revolving Credit Notes) and as each may be amended or
supplemented from time to time, are referred to herein as the "Amended Facility
Documents".
NOW THEREFORE, for valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree as follows:
24. AMENDMENTS TO EXISTING CREDIT AGREEMENT.
01. AMENDMENTS TO EXISTING CREDIT AGREEMENT. Each of the Obligors and,
subject to the satisfaction of the conditions set forth in Article 3, the
Administrative Agent and the Lenders hereby consents and agrees to the
amendments to the Existing Credit Agreement set forth below:
(a) The definition of "Subsidiary Borrower" in the introductory
paragraph of the Existing Credit Agreement is hereby amended to add each of the
New Subsidiary Borrowers.
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(b) The definition of "Subsidiary Guarantor" in the introductory
paragraph of the Existing Credit Agreement is hereby amended to add each of the
New Subsidiary Guarantors.
(c) The definition of "Consolidated Capital Expenditures" in
Section 1.01 of the Existing Credit Agreement is hereby amended and restated to
read as follows:
"Consolidated Capital Expenditures" means, with respect to any
fiscal period, the aggregate amount of Capital Expenditures of the
Consolidated Entities for such period, as determined on a consolidated
basis in accordance with GAAP.
(d) The definition of "Consolidated Subordinated Debt" in
Section 1.01 of the Existing Credit Agreement is hereby amended to substitute
"all obligations owed to the Lenders" in place of "all obligations owed to the
Required Lenders".
(e) Section 10.01(c) of the Existing Credit Agreement is hereby
amended to substitute "Section 2.03 or 3.02" in place of "Section 2.03".
(f) Section 11.01 of the Existing Credit Agreement is hereby
amended to insert "(but in the case of Micro Warehouse (Deutschland) GmbH and
Inmac GmbH, subject to the limitations of Sections 30 and 31 of the German Act
on Limited Liability Companies)" immediately after the definition of
"Guarantors" and immediately prior to the clause ", jointly and severally".
(g) Section 13.04 of the Existing Credit Agreement is hereby
amended to substitute "Sections 4.01, 4.05, 4.06, 13.03 and 13.16" in place of
"Sections 4.01, 4.05 and 13.03".
(h) Section 13.17 of the Existing Credit Agreement is hereby
deleted.
(i) Schedule I and Schedule II to the Existing Credit Agreement
is hereby amended and restated as set forth in SCHEDULE I and SCHEDULE II
hereto, respectively.
(j) EXHIBIT A to the Existing Credit Agreement is hereby amended
and restated as set forth in EXHIBIT A hereto.
02. AMENDMENT AND RESTATEMENT OF EXISTING REVOLVING CREDIT NOTES. Each of
the Obligors and, subject to the satisfaction of the conditions set forth in
Article 3, the Administrative Agent and the Lenders hereby consents and agrees
to the
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amendment and restatement of the Existing Revolving Credit Notes, substantially
in the form of the Amended Revolving Credit Notes set forth in EXHIBIT A to this
Agreement. Such amendment and restatement is incorporated herein by reference
as if set forth verbatim in this Agreement.
25. REPRESENTATIONS AND WARRANTIES.
Each of the Obligors (as to itself and its Subsidiaries) hereby represents
and warrants that:
01. REPRESENTATIONS AND WARRANTIES. Each of the representations and
warranties contained in Article 6 of the Amended Credit Agreement and in each of
the other Amended Facility Documents are true and correct (provided that any
representations and warranties which speak to a specific date shall remain true
and correct in all material respects as of such specific date).
02. NO DEFAULTS. No event has occurred and no condition exists which
would constitute a Default or an Event of Default under the Facility Documents,
and no event has occurred and no condition exists which would constitute a
Default or an Event of Default under the Amended Facility Documents.
03. CORPORATE POWER AND AUTHORITY; NO CONFLICTS. The execution, delivery
and performance by each of the Obligors of the Amended Facility Documents to
which it is a party, the borrowings under the Amended Credit Agreement and the
issuance of the Letters of Credit have been duly authorized by all necessary
corporate action and do not and will not: (a) require any consent or approval of
its stockholders (other than with respect to Micro Warehouse France SARL, T.D.
SA, T.D. 2 SA and Inmac SA); (b) contravene its charter or by-laws; (c) violate
any provision of, or require any filing, registration, consent or approval
under, any law, rule, regulation (including, without limitation, any exchange
control law or regulation), order, writ, judgment, injunction, decree,
determination or award presently in effect having applicability to any
Consolidated Entity; (d) result in a breach of or constitute a default or
require any consent under any indenture or loan or credit agreement or any other
agreement, lease or instrument to which any Consolidated Entity is a party or by
which it or its Properties may be bound or affected; (e) result in, or require,
the creation or imposition of any Lien, upon or with respect to any of the
Properties now owned or hereafter acquired by any Consolidated Entity; or (f)
cause any Consolidated Entity to be in default under any such law, rule,
regulation, order, writ, judgment, injunction, decree, determination or award or
any such indenture, agreement, lease or instrument.
04. LEGALLY ENFORCEABLE AGREEMENTS. Each Amended Facility Document to
which any Obligor is a party is, or when delivered under this Agreement will be,
a legal,
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valid and binding obligation of such Obligor enforceable against such Obligor in
accordance with its terms, except to the extent that such enforcement may be
limited by applicable bankruptcy, insolvency and other similar laws affecting
creditors' rights generally.
05. INMAC ACQUISITION. The consolidated and consolidating balance sheets
of Inmac and its Subsidiaries as at July 29, 1995, July 30, 1994 and July 31,
1993, and the related consolidated and consolidating income statements and
statements of cash flows and changes in stockholders' equity of Inmac and its
Subsidiaries for the fiscal years then ended, and the accompanying footnotes,
together with the opinion on the consolidated statements of KPMG Peat Marwick,
independent certified public accountants, and the interim consolidated and
consolidating balance sheets as at October 28, 1995 and the related consolidated
and consolidating income statements and statements of cash flows and changes in
stockholders' equity of Inmac and its Subsidiaries for the fiscal quarter then
ended, copies of which have been furnished to each of the Lenders, are complete
and correct and fairly present the financial condition of Inmac and its
Subsidiaries at such dates and the results of the operations of Inmac and its
Subsidiaries for the periods covered by such statements, all in accordance with
GAAP consistently applied. The projections and pro forma financial information
provided by Micro Warehouse giving effect to the Inmac Acquisition are based on
good faith estimates and assumptions by the management of Micro Warehouse, it
being recognized by the Lenders, however, that projections as to future events
are not to be viewed as fact and that actual results during the period or
periods covered by any such projections may differ from the projected results
and that the differences may be material. After reviewing historical financial
statements of Inmac and its Subsidiaries and considering the pro forma position
of the Consolidated Entities subsequent to the Inmac Acquisition, Micro
Warehouse believes in good faith that the Consolidated Entities will continue to
be in compliance with the financial covenants contained in Article 9 of the
Amended Credit Agreement on a pro forma basis.
06. FINANCIAL STATEMENTS. The consolidated and consolidating balance
sheets of the Consolidated Entities as at December 31, 1995, 1994, 1993 and
1992, and the related consolidated and consolidating income statements and
statements of cash flows and changes in stockholders' equity of the Consolidated
Entities for the Fiscal Years then ended, and the accompanying footnotes,
together with the opinion on the consolidated statements of KPMG Peat Marwick,
independent certified public accountants, copies of which have been furnished to
each of the Lenders, are complete and correct and fairly present the financial
condition of the Consolidated Entities at such dates and the results of the
operations of the Consolidated Entities for the periods covered by such
statements, all in accordance with GAAP consistently applied. Except as set
forth on the consolidated balance sheet of the Consolidated Entities as at
December 31, 1995, there are no liabilities of any
5
Consolidated Entity, fixed or contingent, which are material but are not
reflected in the financial statements or in the notes thereto and which would be
required to be recorded in such financial statements or notes in accordance with
GAAP. No written information, exhibit or report furnished by any Consolidated
Entity to the Lenders in connection with the negotiation of this Agreement
contained any material misstatement of fact or omitted to state a material fact
or any fact necessary to make the statements contained therein not materially
misleading in each case as determined as of the date of the provision of such
information, exhibit or report. Since December 31, 1995, there has been no
change which could reasonably be expected to have a Material Adverse Effect.
26. CONDITIONS PRECEDENT.
The consent and the agreement of the Administrative Agent and the Lenders
to the amendments set forth in Article 1 and to the consent set forth in Article
4 are subject to the condition precedent that the Administrative Agent shall
have received on or before May 10, 1996 (the "Effective Date") each of the
following, in form and substance satisfactory to the Administrative Agent and
its counsel:
(a) counterparts of this Agreement executed by each of Micro
Warehouse, the Subsidiary Borrowers, the Subsidiary Guarantors, the Lenders and
the Administrative Agent;
(b) the Amended Revolving Credit Notes executed by the
respective Borrower;
(c) certificates of the Secretary or Assistant Secretary of each
of the Obligors, dated the Effective Date, (i) attesting to all corporate action
taken by such Obligor, including resolutions of its Board of Directors
authorizing the execution, delivery and performance of each of the Amended
Facility Documents to which it is a party and each other document to be
delivered pursuant to this Agreement, (ii) certifying the names and true
signatures of the officers of such Obligor authorized to sign the Amended
Facility Documents to which it is a party and the other documents to be
delivered by such Obligor under this Agreement and (iii) verifying that the
charter and by-laws (or other analogous documents) of such Obligor attached
thereto are true, correct and complete as of the date thereof;
(d) a certificate of a duly authorized officer of each of the
Obligors, dated the Effective Date, stating that the representations and
warranties in Article 2 are true and correct in all material respects on such
date as though made on and as of such date, all agreements and conditions
required to be performed or complied
6
with by such date have been performed and complied with and that no event has
occurred and is continuing which constitutes a Default or Event of Default;
(e) certificates to the good standing or subsistence (or other
analogous certificates) and certified copies of all charter documents with
respect to each of the Obligors certified by the Secretary of State (or other
appropriate Governmental Authority) of its jurisdiction of incorporation and
evidence that each of the Obligors is qualified as a foreign corporation in
every other jurisdiction in which it does business;
(f) an opinion of Lev & Berlin, P.C., outside counsel to each of
the Consolidated Entities, dated the Effective Date, in substantially the form
of EXHIBIT B;
(g) opinions of foreign local counsel to each of the
Consolidated Entities, dated the Effective Date, in substantially the form of
EXHIBIT C;
(h) an initial borrowing notice of the Borrowers relating to the
Revolving Credit Loans to be made and the Letters of Credit to be issued on the
Effective Date together with a letter from the Borrowers containing wire
transfer instructions and account information relating to the funds to be made
available by the Lenders to the Borrowers on the Effective Date;
(i) certified complete and correct copies of the Inmac Merger
Agreement; and
(j) evidence of the repayment of all amounts owed by Inmac and
any of its Subsidiaries to The Prudential Insurance Company of America, Bank of
Montreal and ABN AMRO Bank N.V., the termination of all obligations incurred in
connection therewith and the release of all collateral granted in connection
therewith.
On the Effective Date, each of the Lenders shall surrender to Micro
Warehouse the Existing Notes held by it under the Existing Credit Agreement, in
each case marked "Replaced".
27. CONSENT.
Subject to the satisfaction of the conditions set forth in Article 3
hereof, notwithstanding Section 8.10 and Section 8.11 of the Existing Credit
Agreement, each of the Agent and the Lenders hereby consents to the Inmac
Acquisition substantially in accordance with the Inmac Merger Agreement.
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28. MISCELLANEOUS.
01. DEFINED TERMS. The terms used herein and not defined herein shall
have the meanings assigned to such terms in the Existing Credit Agreement.
02. NONWAIVER. The terms of this Agreement shall not operate as a waiver
by the Administrative Agent or the Lenders, or otherwise prejudice the rights,
remedies or powers of the Administrative Agent or the Lenders, under the Amended
Facility Documents or under applicable law. Except as expressly provide herein:
(a) no terms and provisions of the Facility Documents are modified or changed by
this Agreement; and (b) the terms and provisions of the Facility Documents shall
continue in full force and effect.
03. NEW SUBSIDIARY BORROWERS. Each of the New Subsidiary Borrowers
unconditionally and irrevocably accepts, adheres to, and becomes party to and
bound as a "Subsidiary Borrower" under the Amended Credit Agreement, as fully if
such New Subsidiary Borrower had been signatory to the Existing Credit Agreement
as a "Subsidiary Borrower". In confirmation (but without limitation) of the
foregoing, each of the New Subsidiary Borrowers hereby unconditionally agrees to
make prompt payment in full when due (whether at stated maturity, by
acceleration or otherwise) of the principal of and interest on all obligations
under the Amended Revolving Credit Note to which it is the primary obligor and
on all of the Guarantied Obligations.
04. NEW SUBSIDIARY GUARANTORS. Each of the New Subsidiary Guarantors
unconditionally and irrevocably accepts, adheres to, and becomes party to and
bound as "Subsidiary Guarantor" under the Amended Credit Agreement, as fully if
such New Subsidiary Guarantor had been signatory to the Existing Credit
Agreement as a "Subsidiary Guarantor". In confirmation (but without limitation)
of the foregoing, each of the New Subsidiary Guarantors hereby unconditionally
agrees to make prompt payment in full when due (whether at stated maturity, by
acceleration or otherwise) of the principal of and interest on all of the
Guarantied Obligations.
05. REAFFIRMATION. All references to "Revolving Credit Note" or
"Revolving Credit Notes" in any Amended Facility Document shall be deemed to be
to the Amended Revolving Credit Notes. All references to "Guarantied
Obligations" in any Amended Facility Document shall be deemed to include all
liabilities and obligations under the Revolving Credit Loans as herein modified
and increased. Each of the Obligors further acknowledges and reaffirms all of
its other respective obligations and duties under the Amended Facility Documents
to which it is a party.
06. AMENDMENTS AND WAIVERS. Except as otherwise expressly provided in
the Amended Credit Agreement, any provision of this Agreement may be amended or
modified by an instrument in writing signed by Micro Warehouse, the affected
8
Borrowers, the Administrative Agent and the Required Lenders, or by Micro
Warehouse, the affected Borrowers and the Administrative Agent acting with the
consent of the Required Lenders and any provision of this Agreement may be
waived by the Required Lenders or by the Administrative Agent acting with the
consent of the Required Lenders.
07. EXPENSES. Micro Warehouse (and, insofar it is responsible for such
expenses, each Obligor) shall reimburse the Administrative Agent on demand for
all reasonable costs, expenses and charges (including, without limitation,
reasonable fees and charges of external domestic and foreign legal counsel for
the Administrative Agent) in connection with the preparation of, and any
amendment, supplement, waiver or modification to (in each case, whether or not
consummated), this Agreement, any other Amended Facility Document and any other
documents prepared in connection herewith or therewith. Micro Warehouse (and,
insofar it is responsible for such expenses, each Obligor) shall reimburse the
Administrative Agent and each Lender for all reasonable costs expenses and
charges (including, without limitation, reasonable fees and charges of external
domestic and foreign legal counsel for the Administrative Agent and each Lender)
in connection with the enforcement or preservation of any rights or remedies
during the existence of an Event of Default (including, without limitation, in
connection with any restructuring or insolvency or bankruptcy proceeding).
Micro Warehouse shall pay to the Administrative Agent for its own account the
fees set forth in the fee letter dated of even date herewith between Micro
Warehouse and the Administrative Agent.
NOTICES. Unless the party to be notified otherwise notifies the other
party in writing as provided in this Section, and except as otherwise provided
in this Agreement, notices shall be given to the Administrative Agent by
telephone, confirmed by telex, telecopy or other writing, and to the Lenders and
to the Obligors by ordinary mail or telecopier addressed to such party at its
address on the signature page of this Agreement. Notices shall be effective:
(a) if given by mail, 72 hours after deposit in the mails with first class
postage prepaid, addressed as aforesaid; and (b) if given by telecopier, when
the telecopy is transmitted to the telecopier number as aforesaid; provided that
notices to the Administrative Agent and the Lenders shall be effective upon
receipt.
09. TABLE OF CONTENTS; HEADINGS. Any table of contents and the headings
and captions hereunder are for convenience only and shall not affect the
interpretation or construction of this Agreement.
Section 5.10. SEVERABILITY. The provisions of this Agreement are intended
to be severable. If for any reason any provision of this Agreement shall be
held invalid or unenforceable in whole or in part in any jurisdiction, such
provision shall, as to such jurisdiction, be ineffective to the extent of such
invalidity or unenforceability
9
without in any manner affecting the validity or enforceability thereof in any
other jurisdiction or the remaining provisions hereof in any jurisdiction.
Without limiting the foregoing, to the extent that mandatory and non-waivable
provisions of applicable law (including but not limited to any applicable laws
pertaining to fraudulent conveyance and any applicable business corporation laws
(including (x) in the case of Micro Warehouse (Deutschland) GmbH and Inmac GmbH,
Section 30 of the German Act on Limited Liability Companies, (y) in the case of
Micro Warehouse Finland OY, the Finnish Companies Act (734/78, as amended) and
(z) in the case of Micro Warehouse Norway AS, applicable Norwegian law))
otherwise would render the full amount of any Obligor's obligations under the
Amended Credit Agreement and under the other Amended Facility Documents invalid
or unenforceable such Obligor's obligations under the Amended Credit Agreement
and under the other Amended Facility Documents shall be limited to the maximum
amount which does not result in such invalidity or unenforceability.
Section 5.11. COUNTERPARTS. This Agreement may be executed in any number
of counterparts, all of which taken together shall constitute one and the same
instrument, and any party hereto may execute this Agreement by signing any such
counterpart.
Section 5.12. INTEGRATION. The Amended Facility Documents set forth the
entire agreement among the parties hereto relating to the transactions
contemplated thereby and supersede any prior oral or written statements or
agreements with respect to such transactions.
SECTION 5.13. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND
INTERPRETED AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF
CONNECTICUT.
Section 5.14. FRENCH SUBSIDIARIES. Notwithstanding anything to the
contrary contained herein, neither T.D. SA and T.D. 2 S.A. shall be obligated
under this Agreement and the other Amended Facility Documents until such time as
the approval of their stockholder shall be obtained in accordance with
applicable French law and all representations and warranties under Article 2 of
this Agreement shall be true and correct.
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed as of the day and year first above written.
Address for Notices: MICRO WAREHOUSE, INC.
000 Xxxxxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxxx 00000 By:
Telephone No.: (000) 000-0000 ---------------------------
Telecopier No.: (000) 000-0000 Name:
Attention: Chief Financial Officer Title:
Attention: General Manager
NEW SUBSIDIARY BORROWERS:
Address for Notices: INMAC INC.
By:
----------------------
Name:
Title:
Address for Notices: INMAC (UK) LIMITED
By:
----------------------
Name:
Title:
Address for Notices: INMAC GMBH
By:
----------------------
Name:
Title:
Address for Notices: INMAC SA
By:
----------------------
Name:
Title:
Address for Notices: INMAC B.V.
By:
----------------------
Name:
Title:
Address for Notices: INMAC AB
By:
----------------------
Name:
Title:
EXISTING SUBSIDIARY BORROWERS:
Address for Notices: MICRO WAREHOUSE FINLAND OY
Oy Hiomotie 63
Takomotie 5 By:
00389 Helsinki ---------------------------
Finland Name:
Telephone No.: 000-00-00000-0000 Title:
Telecopier No.: 011-35-80506-1335
Attention: General Manager
Address for Notices: MICRO WAREHOUSE SWEDEN AB
Midskogsgrand 1
X-000 00 Xxxxxxxxx By:
Sweden ---------------------------
Telephone No.: 000-00-0000-0000 Name:
Telecopier No.: 000-00-0000-0000 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE HOLDING B.V.
GSA Business Center B.V.
Prof. Lorenziann 3A By:
3701 CA ZEIST ---------------------------
Telephone No.: 000-00-00000-0000 Name:
Telecopier No.: 011-31-34043-3248 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE NORWAY AS
Xxxxxxxx Xxxxxxxxxxx 00
Xxxx, Xxxxxx By:
Telephone No.: 000-00-0000-0000 ---------------------------
Telecopier No.: 000-00-0000-0000 Name:
Attention: General Manager Title:
Address for Notices: MICRO WAREHOUSE DENMARK APS
GAASEAGERVEJ #12
DK8260, EGGA By:
Denmark ---------------------------
Telephone No.: 000-00-0000-0000 Name:
Telecopier No.: 000-00-0000-0000 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE LIMITED
Xxxx 0, Xxxxxx Xxxx
Xxxxxxx Xxxx By:
Xxxxxxx Xxxxx XX00XX ---------------------------
Telephone No.: 000-000-000000-0000 Name:
Telecopier No.: 011-441-192323-4112 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE FRANCE SARL
Techno Direct
6 Boulevard Xxxxx Xxxxxxx By:
92150 Sureanes ---------------------------
Telephone No.: 000-00-00000-0000 Name:
Telecopier No.: 011-33-14099-2888 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE (DEUTSCHLAND)
GMBH
Xxxxxxxxxxxxxxx 0
00000 Xxx-xxxxxxxx
Xxxxxxxxxxx By:
Telephone No.: 000-00-0000-000000 ---------------------------
Telecopier No.: 011-49-6102-705200 Name:
Attention: General Manager Title:
Address for Notices: MICRO WAREHOUSE JAPAN, INC.
Mitsuhashi Xx. 0 Xxxx. 0X
0-00-00 Xxxxx, Xxxxxx-xxx By:
Kanagawa 243 ---------------------------
Japan Name:
Telephone No.: 000-00-0-0000-0000 Title:
Telecopier No.: 011-81-4-6228-2212
Attention: General Manager
Address for Notices: MICRO WAREHOUSE AG
Micro Warehouse AG
Xxxxxxxxxxxxx 00 By:
8034 Zurich ---------------------------
Switzerland Name:
Telephone No.: Title:
Telecopier No.:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE (AUSTRALIA)
PTY LIMITED
Xxxxxxx Xxx 0 Xxxx 0
0/00 Xxxxxxx Xxxx By:
Xxxxx Xxxxx XXX 0000 ---------------------------
Australia Name:
Telephone No.: 000-00-0000-0000 Title:
Telecopier No.: 000-00-0000-0000
Attention: General Manager
NEW SUBSIDIARY GUARANTORS:
Address for Notices: INMAC CORP.
By:
---------------------------
Name:
Title:
Address for Notices: INMAC DISC
By:
---------------------------
Name:
Title:
Address for Notices: TECHNOMATIC LIMITED
By:
---------------------------
Name:
Title:
Address for Notices: XXXXXX SISTEMAS, S.A. de C.V.
By:
---------------------------
Name:
Title:
EXISTING SUBSIDIARY GUARANTORS:
Address for Notices: CORPORATE SOFTWARE AB
Midskogsgrand 1
X-000 00 Xxxxxxxxx By:
Sweden ---------------------------
Telephone No.: 000-00-0000-0000 Name:
Telecopier No.: 000-00-0000-0000 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE CANADA, INC.
000 Xxxxx Xxxxxx Xxxx
Xxxxxxx, Xxxxxxx By:
Canada X0X 0X0 ---------------------------
Telephone No.: 000-000-0000 Name:
Telecopier No.: 000-000-0000 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE, INC. OF OHIO
000 Xxxxxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxxx 00000 By:
Telephone No.: (000) 000-0000 ---------------------------
Telecopier No.: (000) 000-0000 Name:
Attention: Chief Financial Officer Title:
Address for Notices: MICRO WAREHOUSE, INC. OF NEW
JERSEY
000 Xxxxxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxxx 00000 By:
Telephone No.: (000) 000-0000 ---------------------------
Telecopier No.: (000) 000-0000 Name:
Attention: Chief Financial Officer Title:
Address for Notices: MICRO WAREHOUSE INTERNATIONAL,
INC.
000 Xxxxxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxxx 00000 By:
Telephone No.: (000) 000-0000 ---------------------------
Telecopier No.: (000) 000-0000 Name:
Attention: Chief Financial Officer Title:
Address for Notices: T.D. SA
Techno Direct
6 Boulevard Xxxxx Xxxxxxx By:
92150 Sureanes ---------------------------
Telephone No.: 000-00-00000-0000 Name:
Telecopier No.: 011-33-14099-2888 Title:
Attention: General Manager
Address for Notices: T.D. 2 SA
Techno Direct
6 Boulevard Xxxxx Xxxxxxx By:
92150 Sureanes ---------------------------
Telephone No.: 000-00-00000-0000 Name:
Telecopier No.: 011-33-14099-2888 Title:
Attention: General Manager
Address for Notices: MICRO WAREHOUSE, S de X.X. de
C.V.
Circuito Noveliatas 129-106
Ciudad Satelite By:
Nauoalpan ---------------------------
Xxxxxx xx Xxxxxx X.X. 00000 Name:
Telephone No.: 000-00-0000-0000 Title:
Telecopier No.: 000-00-0000-0000
Attention: General Manager
ADMINISTRATIVE AGENT:
THE CHASE MANHATTAN BANK
(NATIONAL ASSOCIATION)
By
-------------------------------------
Name:
Title:
Address for Notices:
New York Agency
0 Xxxxx Xxxxxxxxx Xxxxxx
Xxxxxxxx, Xxx Xxxx 00000
with a copy to:
000 Xxxxx Xxxxxx
Xxxxxxxxxx, XX 00000
Attn: Xxxxx X. Xxxxx
Telecopier No.: (000)000-0000
LENDERS:
THE CHASE MANHATTAN BANK
(NATIONAL ASSOCIATION)
By
-------------------------------------
Name:
Title:
Address for Notices:
000 Xxxxx Xxxxxx
Xxxxxxxxxx, XX 00000
Attn: Xxxxx X. Xxxxx
Telecopier No.: (000) 000-0000
Exhibit A
REVOLVING CREDIT NOTE
$1,250,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE FINLAND OY, a corporation organized
under the laws of the Republic of Finland (the "Borrower"), hereby promises to
pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION)
(the "Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of One Million Two Hundred Fifty Thousand Dollars
($1,250,000), or in the case of Eurocurrency Loans denominated in an Alternative
Currency, the outstanding principal sum of such Eurocurrency Loans in such
Alternative Currency or, if less, the amount loaned by the Lender to the
Borrower pursuant to the Credit Agreement referred to below, in immediately
available funds, on the date(s) and in the manner provided in the Credit
Agreement referred to below. The Borrower also promises to pay interest on the
unpaid principal balance hereof, for the period such balance is outstanding, at
said principal office for the account of said Lending Office, in like money, at
the rates of interest as provided in the Credit Agreement described below, on
the date(s) and in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further
amended or supplemented from time to time, the "Credit Agreement") among
Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of Micro
Warehouse, Inc. (each of the foregoing entities other than the Borrower and
Micro Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $1,250,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE FINLAND OY
By:
-----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$4,000,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE SWEDEN AB, a corporation organized
under the laws of the Kingdom of Sweden (the "Borrower"), hereby promises to pay
to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the
"Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of Four Million Dollars ($4,000,000), or in the
case of Eurocurrency Loans denominated in an Alternative Currency, the
outstanding principal sum of such Eurocurrency Loans in such Alternative
Currency or, if less, the amount loaned by the Lender to the Borrower pursuant
to the Credit Agreement referred to below, in immediately available funds, on
the date(s) and in the manner provided in the Credit Agreement referred to
below. The Borrower also promises to pay interest on the unpaid principal
balance hereof, for the period such balance is outstanding, at said principal
office for the account of said Lending Office, in like money, at the rates of
interest as provided in the Credit Agreement described below, on the date(s) and
in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro
Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $4,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE SWEDEN AB
By:
-----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$6,000,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE HOLDING B.V., a company with limited
liability organized under the laws of The Netherlands (the "Borrower"), hereby
promises to pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL
ASSOCIATION) (the "Lender") at the principal office of The Chase Manhattan Bank
(National Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as
agent for the Lender (in such capacity, together with its successors in such
capacity, the "Administrative Agent"), for the account of the appropriate
Lending Office of the Lender, the principal sum of Six Million Dollars
($6,000,000), or in the case of Eurocurrency Loans denominated in an Alternative
Currency, the outstanding principal sum of such Eurocurrency Loans in such
Alternative Currency or, if less, the amount loaned by the Lender to the
Borrower pursuant to the Credit Agreement referred to below, in immediately
available funds, on the date(s) and in the manner provided in the Credit
Agreement referred to below. The Borrower also promises to pay interest on the
unpaid principal balance hereof, for the period such balance is outstanding, at
said principal office for the account of said Lending Office, in like money, at
the rates of interest as provided in the Credit Agreement described below, on
the date(s) and in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro
Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $6,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE HOLDING B.V.
By:
-----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$1,500,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE NORWAY AS, a corporation organized
under the laws of Norway (the "Borrower"), hereby promises to pay to the order
of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the "Lender") at
the principal office of The Chase Manhattan Bank (National Association) at 0
Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for the Lender (in
such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of One Million Five Hundred Thousand Dollars
($1,500,000), or in the case of Eurocurrency Loans denominated in an Alternative
Currency, the outstanding principal sum of such Eurocurrency Loans in such
Alternative Currency or, if less, the amount loaned by the Lender to the
Borrower pursuant to the Credit Agreement referred to below, in immediately
available funds, on the date(s) and in the manner provided in the Credit
Agreement referred to below. The Borrower also promises to pay interest on the
unpaid principal balance hereof, for the period such balance is outstanding, at
said principal office for the account of said Lending Office, in like money, at
the rates of interest as provided in the Credit Agreement described below, on
the date(s) and in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro
Warehouse, Inc., the Borrower, each of the other Subsidiaries of Micro
Warehouse, Inc. (each of the foregoing entities other than the Borrower and
Micro Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $1,500,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE NORWAY AS
By:
-----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$1,000,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE DENMARK APS, a corporation organized
under the laws of the Kingdom of Denmark (the "Borrower"), hereby promises to
pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION)
(the "Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of One Million Dollars ($1,000,000), or in the
case of Eurocurrency Loans denominated in an Alternative Currency, the
outstanding principal sum of such Eurocurrency Loans in such Alternative
Currency or, if less, the amount loaned by the Lender to the Borrower pursuant
to the Credit Agreement referred to below, in immediately available funds, on
the date(s) and in the manner provided in the Credit Agreement referred to
below. The Borrower also promises to pay interest on the unpaid principal
balance hereof, for the period such balance is outstanding, at said principal
office for the account of said Lending Office, in like money, at the rates of
interest as provided in the Credit Agreement described below, on the date(s) and
in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower, the
"Guarantors"), each of the lenders which is signatory thereto (including the
Lender) and the Administrative Agent and evidences the Revolving Credit Loans
made by the Lender thereunder which shall, in the aggregate amount among all
such Revolving Credit Notes, not exceed $1,000,000. The Borrower shall have
the right to make prepayments of principal at any time subject to the
limitations contained in Section 2.05 of the Credit Agreement. All terms not
defined herein shall have the meanings given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE DENMARK APS
By:
-----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$7,500,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE LIMITED, a limited liability company
organized under the laws of England and Wales (the "Borrower"), hereby promises
to pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION)
(the "Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of Seven Million Five Hundred Thousand Dollars
($7,500,000), or in the case of Eurocurrency Loans denominated in an Alternative
Currency, the outstanding principal sum of such Eurocurrency Loans in such
Alternative Currency or, if less, the amount loaned by the Lender to the
Borrower pursuant to the Credit Agreement referred to below, in immediately
available funds, on the date(s) and in the manner provided in the Credit
Agreement referred to below. The Borrower also promises to pay interest on the
unpaid principal balance hereof, for the period such balance is outstanding, at
said principal office for the account of said Lending Office, in like money, at
the rates of interest as provided in the Credit Agreement described below, on
the date(s) and in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro
Warehouse, Inc., the Borrower, each of the other Subsidiaries of Micro
Warehouse, Inc. (each of the foregoing entities other than the Borrower and
Micro Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $7,500,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE LIMITED
By:
--------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ---------------------- ------- ----------- --
REVOLVING CREDIT NOTE
$6,000,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE FRANCE SARL, a societe a responsabilite
limitee organized under the laws of France (the "Borrower"), hereby promises to
pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION)
(the "Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of Six Million Dollars ($6,000,000), or in the
case of Eurocurrency Loans denominated in an Alternative Currency, the
outstanding principal sum of such Eurocurrency Loans in such Alternative
Currency or, if less, the amount loaned by the Lender to the Borrower pursuant
to the Credit Agreement referred to below, in immediately available funds, on
the date(s) and in the manner provided in the Credit Agreement referred to
below. The Borrower also promises to pay interest on the unpaid principal
balance hereof, for the period such balance is outstanding, at said principal
office for the account of said Lending Office, in like money, at the rates of
interest as provided in the Credit Agreement described below, on the date(s) and
in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro
Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $6,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE FRANCE SARL
By:
--------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ---------------------- ------- ----------- --
REVOLVING CREDIT NOTE
$6,000,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE (DEUTSCHLAND) GMBH, a limited liability
company organized under the laws of the Federal Republic of Germany (the
"Borrower"), hereby promises to pay to the order of THE CHASE MANHATTAN NATIONAL
BANK (NATIONAL ASSOCIATION) (the "Lender") at the principal office of The Chase
Manhattan Bank (National Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx
Xxxx 00000, as agent for the Lender (in such capacity, together with its
successors in such capacity, the "Administrative Agent"), for the account of the
appropriate Lending Office of the Lender, the principal sum of Six Million
Dollars ($6,000,000), or in the case of Eurocurrency Loans denominated in an
Alternative Currency, the outstanding principal sum of such Eurocurrency Loans
in such Alternative Currency or, if less, the amount loaned by the Lender to the
Borrower pursuant to the Credit Agreement referred to below, in immediately
available funds, on the date(s) and in the manner provided in the Credit
Agreement referred to below. The Borrower also promises to pay interest on the
unpaid principal balance hereof, for the period such balance is outstanding, at
said principal office for the account of said Lending Office, in like money, at
the rates of interest as provided in the Credit Agreement described below, on
the date(s) and in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro
Warehouse, Inc., the Borrower, each of the other Subsidiaries of Micro
Warehouse, Inc. (each of the foregoing entities other than the Borrower and
Micro Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $6,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE (DEUTSCHLAND) GMBH
By:
------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ---------------------- ------- ----------- --
REVOLVING CREDIT NOTE
$1,750,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE JAPAN, INC., a limited liability
company organized under the laws of Japan (the "Borrower"), hereby promises to
pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION)
(the "Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of One Million Seven Hundred Fifty Thousand
Dollars ($1,750,000), or in the case of Eurocurrency Loans denominated in an
Alternative Currency, the outstanding principal sum of such Eurocurrency Loans
in such Alternative Currency or, if less, the amount loaned by the Lender to the
Borrower pursuant to the Credit Agreement referred to below, in immediately
available funds, on the date(s) and in the manner provided in the Credit
Agreement referred to below. The Borrower also promises to pay interest on the
unpaid principal balance hereof, for the period such balance is outstanding, at
said principal office for the account of said Lending Office, in like money, at
the rates of interest as provided in the Credit Agreement described below, on
the date(s) and in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro
Warehouse, Inc., the Borrower, each of the other Subsidiaries of Micro
Warehouse, Inc. (each of the foregoing entities other than the Borrower and
Micro Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $1,750,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE JAPAN, INC.
By:
----------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ---------------------- ------- ----------- --
REVOLVING CREDIT NOTE
$500,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE AG, a corporation organized under the
laws of Switzerland (the "Borrower"), hereby promises to pay to the order of THE
CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the "Lender") at the
principal office of The Chase Manhattan Bank (National Association) at 0 Xxxxx
Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for the Lender (in such
capacity, together with its successors in such capacity, the "Administrative
Agent"), for the account of the appropriate Lending Office of the Lender, the
principal sum of Five Hundred Thousand Dollars ($500,000), or in the case of
Eurocurrency Loans denominated in an Alternative Currency, the outstanding
principal sum of such Eurocurrency Loans in such Alternative Currency or, if
less, the amount loaned by the Lender to the Borrower pursuant to the Credit
Agreement referred to below, in immediately available funds, on the date(s) and
in the manner provided in the Credit Agreement referred to below. The Borrower
also promises to pay interest on the unpaid principal balance hereof, for the
period such balance is outstanding, at said principal office for the account of
said Lending Office, in like money, at the rates of interest as provided in the
Credit Agreement described below, on the date(s) and in the manner provided in
said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro
Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $500,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE AG
By:
--------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ---------------------- ------- ----------- --
REVOLVING CREDIT NOTE
$1,500,000 Norwalk, Connecticut
May 10, 1996
For value received, MICRO WAREHOUSE (AUSTRALIA) PTY LIMITED, a corporation
organized under the laws of Australia (the "Borrower"), hereby promises to pay
to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the
"Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of One Million Five Hundred Thousand Dollars
($1,500,000), or in the case of Eurocurrency Loans denominated in an Alternative
Currency, the outstanding principal sum of such Eurocurrency Loans in such
Alternative Currency or, if less, the amount loaned by the Lender to the
Borrower pursuant to the Credit Agreement referred to below, in immediately
available funds, on the date(s) and in the manner provided in the Credit
Agreement referred to below. The Borrower also promises to pay interest on the
unpaid principal balance hereof, for the period such balance is outstanding, at
said principal office for the account of said Lending Office, in like money, at
the rates of interest as provided in the Credit Agreement described below, on
the date(s) and in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro
Warehouse, Inc., the Borrower, each of the other Subsidiaries of Micro
Warehouse, Inc. (each of the foregoing entities other than the Borrower and
Micro Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $1,500,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
MICRO WAREHOUSE (AUSTRALIA) PTY LIMITED
By:
--------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ---------------------- ------- ----------- --
REVOLVING CREDIT NOTE
$2,000,000 Norwalk, Connecticut
May 10, 1996
For value received, INMAC INC., a corporation organized under the laws of
the Province of Ontario, Canada (the "Borrower"), hereby promises to pay to the
order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the "Lender")
at the principal office of The Chase Manhattan Bank (National Association) at 0
Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for the Lender (in
such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of Two Million Dollars ($2,000,000), or in the
case of Eurocurrency Loans denominated in an Alternative Currency, the
outstanding principal sum of such Eurocurrency Loans in such Alternative
Currency or, if less, the amount loaned by the Lender to the Borrower pursuant
to the Credit Agreement referred to below, in immediately available funds, on
the date(s) and in the manner provided in the Credit Agreement referred to
below. The Borrower also promises to pay interest on the unpaid principal
balance hereof, for the period such balance is outstanding, at said principal
office for the account of said Lending Office, in like money, at the rates of
interest as provided in the Credit Agreement described below, on the date(s) and
in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and the Foreign
Subsidiaries, the "Guarantors"), each of the lenders which is signatory
thereto (including the Lender) and the Administrative Agent and evidences the
Revolving Credit Loans made by the Lender thereunder which shall, in the
aggregate amount among all such Revolving Credit Notes, not exceed
$2,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
INMAC INC.
By:
----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$2,000,000 Norwalk, Connecticut
May 10, 1996
For value received, INMAC (UK) LIMITED, a limited liability company
organized under the laws of England and Wales (the "Borrower"), hereby promises
to pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION)
(the "Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of Two Million Dollars ($2,000,000), or in the
case of Eurocurrency Loans denominated in an Alternative Currency, the
outstanding principal sum of such Eurocurrency Loans in such Alternative
Currency or, if less, the amount loaned by the Lender to the Borrower pursuant
to the Credit Agreement referred to below, in immediately available funds, on
the date(s) and in the manner provided in the Credit Agreement referred to
below. The Borrower also promises to pay interest on the unpaid principal
balance hereof, for the period such balance is outstanding, at said principal
office for the account of said Lending Office, in like money, at the rates of
interest as provided in the Credit Agreement described below, on the date(s) and
in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro Warehouse
Denmark APS, the "Guarantors"), each of the lenders which is signatory
thereto (including the Lender) and the Administrative Agent and evidences the
Revolving Credit Loans made by the Lender thereunder which shall, in the
aggregate amount among all such Revolving Credit Notes, not exceed
$2,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
INMAC (UK) LIMITED
By:
---------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$10,000,000 Norwalk, Connecticut
May 10, 1996
For value received, INMAC GMBH, a limited liability company organized under
the laws of the Federal Republic of Germany (the "Borrower"), hereby promises to
pay to the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION)
(the "Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of Ten Million Dollars ($10,000,000), or in the
case of Eurocurrency Loans denominated in an Alternative Currency, the
outstanding principal sum of such Eurocurrency Loans in such Alternative
Currency or, if less, the amount loaned by the Lender to the Borrower pursuant
to the Credit Agreement referred to below, in immediately available funds, on
the date(s) and in the manner provided in the Credit Agreement referred to
below. The Borrower also promises to pay interest on the unpaid principal
balance hereof, for the period such balance is outstanding, at said principal
office for the account of said Lending Office, in like money, at the rates of
interest as provided in the Credit Agreement described below, on the date(s) and
in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro Warehouse
Denmark APS, the "Guarantors"), each of the lenders which is signatory
thereto (including the Lender) and the Administrative Agent and evidences the
Revolving Credit Loans made by the Lender thereunder which shall, in the
aggregate amount among all such Revolving Credit Notes, not exceed
$10,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
INMAC GMBH
By:
---------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$2,000,000 Norwalk, Connecticut
May 10, 1996
For value received, INMAC SA, a societe anonyme organized under the laws of
France (the "Borrower"), hereby promises to pay to the order of THE CHASE
MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the "Lender") at the principal
office of The Chase Manhattan Bank (National Association) at 0 Xxxxx Xxxxxxxxx
Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for the Lender (in such capacity,
together with its successors in such capacity, the "Administrative Agent"), for
the account of the appropriate Lending Office of the Lender, the principal sum
of Two Million Dollars ($2,000,000), or in the case of Eurocurrency Loans
denominated in an Alternative Currency, the outstanding principal sum of such
Eurocurrency Loans in such Alternative Currency or, if less, the amount loaned
by the Lender to the Borrower pursuant to the Credit Agreement referred to
below, in immediately available funds, on the date(s) and in the manner provided
in the Credit Agreement referred to below. The Borrower also promises to pay
interest on the unpaid principal balance hereof, for the period such balance is
outstanding, at said principal office for the account of said Lending Office, in
like money, at the rates of interest as provided in the Credit Agreement
described below, on the date(s) and in the manner provided in said Credit
Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro
Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $2,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
INMAC SA
By:
----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$8,000,000 Norwalk, Connecticut
May 10, 1996
For value received, INMAC B.V., a company with limited liability organized
under the laws of The Netherlands (the "Borrower"), hereby promises to pay to
the order of THE CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the
"Lender") at the principal office of The Chase Manhattan Bank (National
Association) at 0 Xxxxx Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for
the Lender (in such capacity, together with its successors in such capacity, the
"Administrative Agent"), for the account of the appropriate Lending Office of
the Lender, the principal sum of Eight Million Dollars ($8,000,000), or in the
case of Eurocurrency Loans denominated in an Alternative Currency, the
outstanding principal sum of such Eurocurrency Loans in such Alternative
Currency or, if less, the amount loaned by the Lender to the Borrower pursuant
to the Credit Agreement referred to below, in immediately available funds, on
the date(s) and in the manner provided in the Credit Agreement referred to
below. The Borrower also promises to pay interest on the unpaid principal
balance hereof, for the period such balance is outstanding, at said principal
office for the account of said Lending Office, in like money, at the rates of
interest as provided in the Credit Agreement described below, on the date(s) and
in the manner provided in said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro
Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $8,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
INMAC B.V.
By:
-----------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
REVOLVING CREDIT NOTE
$3,000,000 Norwalk, Connecticut
May 10, 1996
For value received, INMAC AB, a corporation organized under the laws of the
Kingdom of Sweden (the "Borrower"), hereby promises to pay to the order of THE
CHASE MANHATTAN NATIONAL BANK (NATIONAL ASSOCIATION) (the "Lender") at the
principal office of The Chase Manhattan Bank (National Association) at 0 Xxxxx
Xxxxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as agent for the Lender (in such
capacity, together with its successors in such capacity, the "Administrative
Agent"), for the account of the appropriate Lending Office of the Lender, the
principal sum of Three Million Dollars ($3,000,000), or in the case of
Eurocurrency Loans denominated in an Alternative Currency, the outstanding
principal sum of such Eurocurrency Loans in such Alternative Currency or, if
less, the amount loaned by the Lender to the Borrower pursuant to the Credit
Agreement referred to below, in immediately available funds, on the date(s) and
in the manner provided in the Credit Agreement referred to below. The Borrower
also promises to pay interest on the unpaid principal balance hereof, for the
period such balance is outstanding, at said principal office for the account of
said Lending Office, in like money, at the rates of interest as provided in the
Credit Agreement described below, on the date(s) and in the manner provided in
said Credit Agreement.
The date and amount of each type of Revolving Credit Loan made by the
Lender to the Borrower under the Credit Agreement referred to below, and each
payment of principal thereof, shall be recorded by the Lender on its books and,
prior to any transfer of this Revolving Credit Note (or, at the discretion of
the Lender, at any other time), endorsed by the Lender on the schedule attached
hereto or any continuation thereof; provided, however, that any failure of the
holder hereof to make such a notation or any error in such notation shall not in
any manner affect the obligation of the Borrower to make payments of principal
and interest in accordance with the terms of this Revolving Credit Note and the
Credit Agreement referred to below.
This is one of the Revolving Credit Notes referred to in that certain
Credit Agreement dated as of July 25, 1995 (as amended by that certain First
Amendment Agreement dated as of January 1, 1996, as further amended by that
certain Second Amendment Agreement dated as of January 15, 1996, as further
amended by that certain Third Amendment Agreement dated as of March 15, 1996 and
as further amended or supplemented from time to time, the "Credit Agreement")
among Micro Warehouse, Inc., the Borrower, each of the other Subsidiaries of
Micro Warehouse,
Inc. (each of the foregoing entities other than the Borrower and Micro
Warehouse Denmark APS, the "Guarantors"), each of the lenders which is
signatory thereto (including the Lender) and the Administrative Agent and
evidences the Revolving Credit Loans made by the Lender thereunder which
shall, in the aggregate amount among all such Revolving Credit Notes, not
exceed $3,000,000. The Borrower shall have the right to make prepayments of
principal at any time subject to the limitations contained in Section 2.05 of
the Credit Agreement. All terms not defined herein shall have the meanings
given to them in the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of
principal upon the occurrence of certain Events of Default and for prepayments
on the terms and conditions specified therein.
The Borrower waives presentment, notice of dishonor, protest and any other
notice or formality with respect to this Revolving Credit Note.
All obligations evidenced by this Revolving Credit Note are guarantied by
the Guarantors pursuant to Article 11 of the Credit Agreement.
This Revolving Credit Note shall be governed by, and interpreted and
construed in accordance with, the laws of the State of Connecticut of the United
States of America.
INMAC AB
By:
---------------------------------------
Name:
Title:
2
Amount of Loan (as
applicable, in Dollars or Amount of Balance Notation
Date Alternative Currency) Payment Outstanding By
---- ------------------------- --------- ----------- ---------
SCHEDULE I
REVOLVING CREDIT COMMITMENTS
THE CHASE MANHATTAN BANK
BORROWER (NATIONAL ASSOCIATION)
MICRO WAREHOUSE, INC. $11,000,000
MICRO WAREHOUSE FINLAND OY $1,250,000
MICRO WAREHOUSE SWEDEN AB $4,000,000
MICRO WAREHOUSE HOLDING B.V. $6,000,000
MICRO WAREHOUSE NORWAY AS $1,500,000
MICRO WAREHOUSE DENMARK APS $1,000,000
MICRO WAREHOUSE LIMITED $7,500,000
MICRO WAREHOUSE FRANCE SARL $6,000,000
MICRO WAREHOUSE (DEUTSCHLAND) GMBH $6,000,000
MICRO WAREHOUSE JAPAN, INC. $1,750,000
MICRO WAREHOUSE AG $500,000
MICRO WAREHOUSE (AUSTRALIA) PTY LIMITED $1,500,000
INMAC INC $2,000,000
INMAC (UK) LIMITED $2,000,000
INMAC GMBH $10,000,000
INMAC SA $2,000,000
INMAC BV $8,000,000
INMAC AB $3,000,000
TOTAL REVOLVING CREDIT COMMITMENTS $75,000,000
Schedule II
MICRO WAREHOUSE, INC.
MICRO WAREHOUSE, INC.
US, NORTH AMERICA AND ASIA STRUCTURE
AS OF 8/31/96
Micro Warehouse, Inc.
US Parent
Delaware
|
|
|
|
|
|
Micro Warehouse
Inc of Ohio
Delaware
|
|
|
Micro Warehouse
Catalogues Inc.
of Connecticut
Delaware
|
|
|
Micro Warehouse
Canada Ltd
Canada
|
|
|
Micro Warehouse
SA
Mexico
|
|
|
Operacion Directa
SA de CV
Mexico
|
|
|
Xxxxxx Sistemas
SA de CV
Mexico
|
|
|
-------------------- -------------------------
| | |
Micro Warehouse | Micro Warehouse
International, Inc | Japan, KK
Delaware | Japan
|
|
|
|
Micro Warehouse
(Australia) Pty Ltd
Australia
|
|
|
-------------------- -------------------------
| | |
Inmac Corp. | Inmac Inc.
Delaware | Canada
| |
| |
|
|
|
Auto Register
Inc.
Delaware
Schedule II
MICRO WAREHOUSE INC.
MICRO WAREHOUSE INC.
EUROPEAN STRUCTURE
Micro Warehouse, Inc.
US Parent
Delaware
|
---------------
|
Micro Warehouse
Finland OY
Finland
|
--------------------------------------------------
| | |
Micro Warehouse | MacKalalogen
Sweden AB | AB
Sweden | Sweden
|
|
--------------------------
| |
Corporate Corporate Software
Software Shop AB Software Mail AB
Sweden Sweden
|
|
---------------------
| |
Micro Warehouse |
Norway AS |
Norway |
|
-----------------
| |
Micro Warehouse |
Denmark APS |
Denmark |
|
---------------------------------------------------------------------------------------------------
| | | | |
Micro Warehouse | GSA Services Mac Warehouse Micro Warehouse
Holding BV | BV BV BV
Holland | Holland Holland Holland
|
-----------------
| |
TD SA |
France |
|
-----------------
| |
XX0 XX |
France |
|
---------------------------------------------------------------------------------------------------
| | | | |
Micro Warehouse | Micro Warehouse Micro Warehouse Micro Warehouse
International Inc | (Deutschland) SARL Ltd
Delaware | GmbH France UK
| Germany --------------------
| |
| Technomatic
| Ltd
| UK
-----------------
| |
Micro Warehouse |
Belgie BVBA |
Belgium |
|
|
-------------------------------------------
| | |
Micro Warehouse | MacZone
AG | AG
Switzerland | Switzerland
|
|
-----------------
| |
Innosoft Sarl |
France | ---- Inmac GmbH
| | | Germany
| | | 25%
--------------------------------------------------------------------------------------------------------------
| | | | | | |
Inmac Corp | Inmac BV | Inmac Holdings Inmac UK Ltd Inmac SA
US | Holland 75% | Ltd UK France
| | |
| | | |
| | | Inmac AB
| | |____ Sweden
-----------------
|
Kelar Sarl
France
