Common Contracts
2 similar Letter of Credit Agreement contracts by UTi WORLDWIDE INC
FIRST AMENDMENT TO LETTER OF CREDIT AGREEMENTLetter of Credit Agreement • March 29th, 2010 • UTi WORLDWIDE INC • Arrangement of transportation of freight & cargo • New York
THIS FIRST AMENDMENT TO LETTER OF CREDIT AGREEMENT (this “Amendment”) is dated as of March 25, 2010 and is entered into by and among UTi Worldwide Inc., a BVI Business Company incorporated under the laws of the British Virgin Islands with company number 141257 (the “Company”), each of the Subsidiary Guarantors (as defined in the Letter of Credit Agreement), ABN AMRO Bank N.V., in its capacity as Performance-Based LC Issuing Bank (the “Performance-Based LC Issuing Bank”) and The Royal Bank of Scotland plc, in its capacity as Financial LC Issuing Bank (the “Financial LC Issuing Bank”; together with the Performance-Based LC Issuing Bank, the “Issuing Banks”) and is made with reference to that certain LETTER OF CREDIT AGREEMENT dated as of July 9, 2009 (as amended through the date hereof, the “Letter of Credit Agreement”) by and among the Company, the Subsidiary Guarantors and the Issuing Banks. Capitalized terms used herein without definition shall have the same meanings herein as set for
SECOND AMENDMENT TO LETTER OF CREDIT AGREEMENTLetter of Credit Agreement • March 29th, 2010 • UTi WORLDWIDE INC • Arrangement of transportation of freight & cargo
THIS SECOND AMENDMENT TO LETTER OF CREDIT AGREEMENT (this “Amendment”) is dated as of March 25, 2010 and is entered into by and among UTi Worldwide Inc., a BVI Business Company incorporated under the laws of the British Virgin Islands with company number 141257 (the “Company”), each of the Subsidiary Guarantors (as defined in the Letter of Credit Agreement), Nedbank Limited, acting through its London Branch (the “Issuing Bank”), and is made with reference to that certain LETTER OF CREDIT AGREEMENT dated as of July 9, 2009 (as amended through the date hereof, the “Letter of Credit Agreement”) by and among the Company, the Subsidiary Guarantors and the Issuing Bank. Capitalized terms used herein without definition shall have the same meanings herein as set forth in the Letter of Credit Agreement after giving effect to this Amendment.
