AMENDMENT NO. 8 TO RECEIVABLES SALE AGREEMENTReceivables Sale Agreement • September 1st, 2010 • Avnet Inc • Wholesale-electronic parts & equipment, nec • New York
This Amendment No. 8 to Receivables Sale Agreement (this “Amendment”) is dated as of August 26, 2010, between Avnet, Inc., a New York corporation (“Originator”), and Avnet Receivables Corporation, a Delaware corporation (“Buyer”).
SECOND AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT dated as of August 26, 2010 Among AVNET RECEIVABLES CORPORATION, as Seller, AVNET, INC., as Servicer, THE COMPANIES, THE FINANCIAL INSTITUTIONS, and JPMORGAN CHASE BANK, N.A., as AgentReceivables Purchase Agreement • September 1st, 2010 • Avnet Inc • Wholesale-electronic parts & equipment, nec • New York
Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the business day immediately preceding the Amortization Date shall remain constant at all times thereafter.
