EXHIBIT 4.3(e)
FOURTH AMENDMENT AND WAIVER
THIS FOURTH AMENDMENT AND WAIVER dated as of October 8, 2003 (this
"Amendment") amends the Five-Year Revolving Credit Agreement dated as of October
6, 2000 (as previously amended, the "Credit Agreement") among Anixter Inc.
("Anixter"), various subsidiaries of Anixter (the "Borrowing Subsidiaries"),
various financial institutions (the "Lenders") and Bank of America, N.A., as
administrative agent (the "Administrative Agent"). Terms defined in the Credit
Agreement are, unless otherwise defined herein or the context otherwise
requires, used herein as defined therein.
WHEREAS, Anixter, the Borrowing Subsidiaries, the Lenders and the
Administrative Agent have entered into the Credit Agreement; and
WHEREAS, the parties hereto desire to amend, and waive certain
provisions of, the Credit Agreement as more fully set forth herein;
NOW, THEREFORE, the parties hereto agree as follows:
SECTION 1 Amendments. Subject to the satisfaction of the conditions
precedent set forth in Section 3, Section 7.03(v) of the Credit Agreement is
amended by deleting the amount "$150,000,000" therein and substituting the
amount "$160,000,000" therefor.
SECTION 2 Waiver. The Required Lenders waive any breach of Section
7.03(v) of the Credit Agreement so long as such breach would not have existed if
the amendment set forth in Section 2 had been in effect at the time of such
breach.
SECTION 3 Warranties. Each Borrower represents and warrants to the
Administrative Agent and the Lenders that, after giving effect to the
effectiveness hereof, (a) each warranty set forth in Article V of the Credit
Agreement is true and correct in all material respects, except to the extent
that such warranty specifically refers to an earlier date, and (b) no Default or
Event of Default exists.
SECTION 4 Effectiveness. The amendment set forth in Section 1 above and
the waiver set forth in Section 2 above shall become effective when the
Administrative Agent has received counterparts of this Amendment executed by
Anixter, the Borrowing Subsidiaries and the Required Lenders.
SECTION 5 Miscellaneous.
5.1 Continuing Effectiveness, etc. As herein amended, the Credit
Agreement shall remain in full force and effect and is hereby ratified and
confirmed in all respects. After the effectiveness of this Amendment, all
references in the Credit Agreement and the other Loan Documents to "Credit
Agreement" or similar terms shall refer to the Credit Agreement as amended
hereby.
5.2 Counterparts. This Amendment may be executed in any number of
counterparts and by the different parties on separate counterparts, and each
such counterpart shall be deemed to be an original but all such counterparts
shall together constitute one and the same Amendment.
5.3 Governing Law. This Amendment shall be a contract made under and
governed by the laws of the State of Illinois.
5.4 Successors and Assigns. This Amendment shall be binding upon
Anixter, the Borrowing Subsidiaries, the Lenders and the Administrative Agent
and their respective successors and assigns, and shall inure to the benefit of
Anixter, the Borrowing Subsidiaries, the Lenders and the Administrative Agent
and the respective successors and assigns of the Lenders and the Administrative
Agent.
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Delivered as of the day and year first above written.
ANIXTER INC., as Borrower
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
ANIXTER INTERNATIONAL N.V./S.A., as a
Borrowing Subsidiary
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
ANIXTER U.K. LTD., as a Borrowing Subsidiary
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-1
BANK OF AMERICA, N.A., as
Administrative Agent
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
BANK OF AMERICA, N.A., as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-2
BANK ONE, NA, as Syndication Agent and Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
▇-▇
▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, as
Documentation Agent and Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-4
SUNTRUST BANK, as Managing Agent and as a
Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-5
CREDIT LYONNAIS CHICAGO BRANCH, as
Managing Agent and as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-6
BANCA INTESA-NEW YORK BRANCH
(formerly, IntesaBci), as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
▇-▇
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇.▇.▇. -
▇▇▇ ▇▇▇▇ BRANCH, as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-8
BANK AUSTRIA CREDITANSTALT
CORPORATE FINANCE, INC., as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-9
THE BANK OF NEW YORK, as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-10
MIZUHO CORPORATE BANK, LTD., as a
Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
▇-▇▇
▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-12
THE NORTHERN TRUST COMPANY, as a
Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-13
PNC BANK, N.A., as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-14
SUMITOMO MITSUI BANKING
CORPORATION, as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-15
U.S. BANK NATIONAL ASSOCIATION, as a
Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-16
WACHOVIA BANK, N.A., as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-17
▇▇▇▇▇ FARGO BANK, NATIONAL
ASSOCIATION, as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-18
COMERICA BANK, as a Lender
By: _________________________________________
Name: ______________________________________
Title: ______________________________________
S-19