CREDIT AGREEMENT among [REORGANIZED LEAR CORPORATION] The Several Lenders from Time to Time Parties Hereto, and JPMORGAN CHASE BANK, N.A., as Administrative Agent and Collateral Agent Dated as of [ ___________ ], 20__ J. P. MORGAN SECURITIES INC. and...Credit Agreement • July 7th, 2009 • Lear Corp • Motor vehicle parts & accessories
CREDIT AGREEMENT (this “Agreement”), dated as of [ ], 20___, among (i) [REORGANIZED LEAR CORPORATION], a Delaware corporation (the “Borrower”), (ii) the several banks and other financial institutions or entities from time to time parties to this Agreement (the “Lenders”) and (iii) JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent for the Lenders (in such capacity the “Collateral Agent”).
CREDIT AND GUARANTEE AGREEMENT among LEAR CORPORATION, a Debtor and Debtor-in- Possession, as Borrower THE OTHER GUARANTORS NAMED HEREIN, each (other than Lear ASC Corporation) a Debtor and Debtor-in-Possession, The Several Lenders from Time to Time...Credit and Guarantee Agreement • July 7th, 2009 • Lear Corp • Motor vehicle parts & accessories • New York
THIS DEBT IS ISSUED WITH ORIGINAL ISSUE DISCOUNT FOR PURPOSES OF SECTION 1271 ET SEQ. OF THE INTERNAL REVENUE CODE. A LENDER MAY OBTAIN THE ISSUE PRICE, AMOUNT OF ORIGINAL ISSUE DISCOUNT, ISSUE DATE AND YIELD TO MATURITY BY SUBMITTING A WRITTEN REQUEST FOR SUCH INFORMATION TO LEAR CORPORATION AT THE FOLLOWING ADDRESS: 21557 TELEGRAPH ROAD, SOUTHFIELD, MICHIGAN 48034, ATTENTION: SHARI L. BURGESS.
LEAR CORPORATION 21557 Telegraph Road Southfield, Michigan 48033Letter Agreement • July 7th, 2009 • Lear Corp • Motor vehicle parts & accessories • New York
This letter agreement (the “Agreement”) sets forth certain terms and conditions pursuant to which Lear Corporation (“Lear”) and certain of its domestic and Canadian subsidiaries (together with Lear, collectively the “Debtors”) will propose their jointly filed chapter 11 plan of reorganization (a “Plan”) on a consensual basis with the support of the lenders (the “Lenders”) party to that certain Amended and Restated Credit and Guarantee Agreement dated as of April 25, 2006 (as amended, modified or otherwise supplemented from time to time, the “Credit Agreement”), among Lear, certain of its subsidiaries party thereto, the Lenders, JPMorgan Chase Bank, N.A., as general administrative agent thereunder (in such capacity, the “Administrative Agent”), and the other parties signatory thereto.
LEAR CORPORATION 21557 Telegraph Road Southfield, Michigan 48033Letter Agreement • July 7th, 2009 • Lear Corp • Motor vehicle parts & accessories • New York
This letter agreement (the “Agreement”) sets forth certain terms and conditions pursuant to which Lear Corporation (“Lear”) and certain of its domestic and Canadian subsidiaries (together with Lear, collectively the “Debtors”) will propose their jointly filed chapter 11 plan of reorganization (a “Plan”) on a consensual basis with the support of certain of the holders (the “Noteholders”) of (i) 8.50% senior notes due 2013, (ii) 5.75% senior notes due 2014, (iii) 8.75% senior notes due 2016, and/or (iv) zero-coupon convertible senior notes due 2022 (collectively, the “Notes”) issued by Lear.
