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SANM > SEC Filings for SANM > Form 8-K on 28-Nov-2007All Recent SEC Filings

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Form 8-K for SANMINA-SCI CORP


28-Nov-2007

Entry into a Material Definitive Agreement


Item 1.01 Entry into a Material Definitive Agreement

Reference is hereby made to the Revolving Trade Receivables Purchase Agreement, dated as of September 21, 2007, among Sanmina-SCI Magyarorszag Elektronikai Gyarto Kft and Sanmina-SCI Systems de Mexico, S.A. de C.V., as Originators, Sanmina-SCI Corporation and Sanmina-SCI UK Ltd., as Servicers, the several banks and other financial institutions or entities from time to time party thereto, as Purchasers, and Deutsche Bank AG New York Branch, as Administrative Agent (the "Receivables Agreement").

On November 26, 2007, the Originators, the Servicers, the Purchasers and the Administrative Agent entered into the First Amendment Agreement to the Receivables Agreement (the "First Amendment"). Pursuant to the First Amendment, the definition of Facility Termination Date therein was amended to permit the Servicers, by notice in writing to the Administrative Agent, to extend the Facility Termination Date for an additional 18 months following March 21, 2008. The obligation of the Purchasers to extend the Facility Termination Date is subject to the written acceptance of the Purchasers and the satisfaction of certain conditions.


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