Notice of Increase to Maximum Outstanding Balance under U.S. Receivables Purchase Agreement between AGCO Corporation and AGCO Finance LLC
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Summary
AGCO Finance LLC has notified AGCO Corporation and AGCO Canada, Ltd that the maximum outstanding balance under their existing U.S. Receivables Purchase Agreement, originally dated December 22, 2009, is being increased from $600 million to $800 million. No other terms of the agreement are changed. This adjustment allows AGCO Corporation to sell a higher amount of receivables to AGCO Finance LLC under the agreement.
EX-10.1 2 agcoex101-2013q2.htm EXHIBIT 10.1 AGCO EX 10.1 - 2013 Q2
Exhibit 10.1
August 2, 2013
AGCO Corporation
AGCO Canada, Ltd c/o AGCO Corporation
4205 River Green Parkway
Duluth, GA 30096-2568
Attn: David Williams
Attn: General Counsel c/o Lynnette Schoenfeld
Re: Increasing the Maximum Outstanding Balance for the U.S. Receivables Purchase Agreement
Dear AGCO Corporation,
This notice is provided pursuant to the Receivables Purchase Agreement dated December 22, 2009 among AGCO Corporation and AGCO Finance LLC (the “U.S. RPA”).
AGCO Finance LLC, is hereby providing notice, as set forth in the definition of “Maximum Outstanding Balance” found in the U.S. RPA, that it is increasing the Maximum Outstanding Balance amount set forth in the such definition from U.S.D. $600,000,000 to $800,000,000. The definition shall not be otherwise modified.
We appreciate your support of the financing programs. Please do not hesitate to contact us if you have any questions regarding this notification.
AGCO Finance LLC
/s/ Amy Ventling Hester
Amy Ventling Hester
Chief Executive Officer
