EX-10.O.XIII: AMENDMENT #12 TO TRANSFER AND ADMINISTRATION AGREEMENT

EX-10.O.XIII 4 y06178exv10wowxiii.htm EX-10.O.XIII: AMENDMENT #12 TO TRANSFER AND ADMINISTRATION AGREEMENT EXHIBIT 10.O.XIII
 

     
ARROW ELECTRONICS, INC.
  FORM 10-K — EXHIBIT 10 (o) (xiii)
 
  EXECUTION COPY

AMENDMENT NO. 12 TO TRANSFER AND ADMINISTRATION AGREEMENT

          AMENDMENT NO. 12 TO TRANSFER AND ADMINISTRATION AGREEMENT, dated as of February 14, 2005 (this “Amendment”), to that certain Transfer and Administration Agreement dated as of March 21, 2001, as amended by Amendment No. 1 to Transfer and Administration Agreement dated as of November 30, 2001, Amendment No. 2 to Transfer and Administration Agreement dated as of December 14, 2001, Amendment No. 3 to Transfer and Administration Agreement dated as of March 20, 2002, Amendment No. 4 to Transfer and Administration Agreement dated as of March 29, 2002, Amendment No. 5 to Transfer and Administration Agreement dated as of May 22, 2002, Amendment No. 6 and Limited Waiver to Transfer and Administration Agreement dated as of September 27, 2002, Amendment No. 7 to Transfer and Administration Agreement dated as of February 19, 2003, Amendment No. 8 to Transfer and Administration Agreement dated as of April 14, 2003, Amendment No. 9 to Transfer and Administration Agreement dated as of August 13, 2003, Amendment No. 10 to Transfer and Administration Agreement dated as of February 18, 2004 and Amendment No. 11 to Transfer and Administration Agreement dated as of August 13, 2004 (as so amended and in effect, the “TAA”), by and among Arrow Electronics Funding Corporation, a Delaware corporation (the “SPV”), Arrow Electronics, Inc., a New York corporation, individually (“Arrow”) and as the initial Master Servicer, the several commercial paper conduits identified on Schedule A to the TAA and their respective permitted successors and assigns (the “Conduit Investors”; each individually, a “Conduit Investor”), the agent bank set forth opposite the name of each Conduit Investor on such Schedule A and its permitted successors and assigns (each a “Funding Agent”) with respect to such Conduit Investor, and Bank of America, National Association, a national banking association, as the administrative agent for the Investors (the “Administrative Agent”), and the financial institutions from time to time parties thereto as Alternate Investors. Capitalized terms used and not otherwise defined herein have the meanings assigned to such terms in the TAA.

PRELIMINARY STATEMENTS:

          WHEREAS, the SPV, Arrow, the Conduit Investors, the Funding Agents, the Alternate Investors and the Administrative Agent have entered into the TAA;

          WHEREAS, the SPV and Arrow have requested that the Conduit Investors, the Funding Agents, the Alternate Investors and the Administrative Agent agree to make certain changes and amendments to the TAA;

          WHEREAS, Blue Ridge Asset Funding Corporation desires to become a Conduit Investor under the TAA and Wachovia Bank, National Association desires to become an Alternate Investor and Funding Agent under the TAA;

          WHEREAS, subject to the terms and conditions set forth herein, the Conduit Investors, the Alternate Investors, the Funding Agents and the Administrative Agent are willing to make such changes and amendments to the TAA; and

 


 

          NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

          SECTION 1. Amendments to the TAA. Effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 3 hereof, the TAA is hereby amended as follows:

               Section 1.1. Section 1.1 is amended by amending and restating the definition of “Commitment Termination Date,” such definition to read in its entirety as follows:

Commitment Termination Date” means the earliest to occur of (a) February 19, 2008, (b) the date the commitment of any Program Support Provider terminates under any Program Support Agreement, and (c) the date of termination of any Program Support Agreement; provided, that in any event the Commitment Termination Date shall not occur prior to February 13, 2006 (or such later date as to which the SPV, Arrow, each Conduit Investor, Funding Agent and Alternate Investor affected thereby and the Administrative Agent may agree in writing).

               Section 1.2. Section 1.1 is amended by adding the following clause (v) to the definition of “Receivable,”:

"(v) which are not Receivables owed by SPX Corp., by Actron Manufacturing Company (a subsidiary of SPX Corp.) or any successor thereto.”

               Section 1.3. Schedule II is amended by amending and restating the definition of “Yield Reserve,” such definition to read in its entirety as follows:

Yield Reserve” for any Calculation Period means an amount equal to the product of (a) the Net Investment as of the most recent Month End Date, (b) the sum of (i) the weighted average rates used to calculate Yield accrued and to accrue through the end of each Rate Period with respect to all Portions of Investment funded by the EFC Conduit Investor, (ii) the aggregate of the fee percentages used to calculate the Program Fee, the Facility Fee and the Administrative Fee set forth in Schedule IV and the Fee Letter with respect to such Calculation Period, and (iii) 2.125%, and (c) the quotient, expressed as a percentage, of (i) 2.00 multiplied by the Days Sales Outstanding divided by (ii) 360.

               Section 1.4. From and after the date upon which the Administrative Agent receives a letter from Milbank, Tweed, Hadley & McCloy LLP as to the effect of the amendments contained herein on the conclusions reached in that certain opinion dated March 21, 2001 as to certain bankruptcy matters in a form satisfactory to the Administrative Agent (the “Delivery Date”), Subsection 4.1(f) is amended by deleting clause (iii) thereto.

 


 

               Section 1.5. From and after the Delivery Date, Section 6.1 is amended by amending and restating clause (k) thereof, such clause to read in its entirety as follows:

          ”(k) [RESERVED].”

               Section 1.6. As of the effective date of this Amendment, Wachovia Bank, National Association, as Alternate Investor and Funding Agent and Blue Ridge Asset Funding Corporation, as Conduit Investor (collectively, the “New TAA Parties”), shall each be a party to the TAA and, to the extent provided in this Amendment, have the rights and obligations of an Alternate Investor, Funding Agent or Conduit Investor, as applicable, thereunder.

     Accordingly, each of the New TAA Parties (i) confirms that it has received a copy of the TAA, the First Tier Agreement and each Originator Agreement together with copies of the financial statements referred to in Section 6.1 of the TAA, to the extent delivered through the date of this Amendment, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment; (ii) appoints and authorizes the Administrative Agent and the Related Funding Agent to take such action as Administrative Agent or the Related Funding Agent on its behalf and to exercise such powers and discretion under the TAA and the other Transaction Documents as are delegated to the Administrative Agent or the Related Funding Agent by the terms thereof, together with such powers and discretion as are reasonably incidental thereto; (iii) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the TAA are required to be performed by it as an Alternate Investor or Conduit Investor, as applicable; and (iv) specifies as its address for notices and its account for payments the office and account set forth beneath its name on the signature pages hereof.

               Section 1.7. Schedule A to the TAA is deleted in its entirety and is replaced with the schedule attached hereto as Annex I.

               Section 1.8. Schedule B to the TAA is deleted in its entirety and is replaced with the schedule attached hereto as Annex II.

               Section 1.9. Schedule IV to the TAA is amended by amending and restating the table contained therein, such table to read in its entirety as follows:

 


 

                 
 
              Program Fee  
              Rate (Per Annum)  
              (prior to an  
  Rating     Facility Fee     Accounting Based  
  S&P/Moody's     Rate (Per Annum)     Consolidation Event)  
 
Greater than or equal to A-/A3
    0.100%     0.175%  
 
BBB+/Baa1
    0.125%     0.175%  
 
BBB/Baa2
    0.150%     0.225%  
 
BBB-/Baa3
    0.200%     0.300%  
 
BB+/Ba1
    0.250%     0.450%  
 
BB/Ba2
    0.350%     0.550%  
 
BB-/Ba3
    0.500%     0.750%  
 
Less than BB-/Ba3 or not rated by each of S&P and Moody’s
    Base Rate     0.000%  
 

               Section 1.10. Schedule 11.3 to the TAA is deleted in its entirety and is replaced with the schedule attached hereto as Annex III.

          SECTION 2. Representations and Warranties of the SPV and Arrow. To induce the Conduit Investors, Alternate Investors, the Funding Agents and the Administrative Agent to enter into this Amendment, the SPV and Arrow each makes the following representations and warranties (which representations and warranties shall survive the execution and delivery of this Amendment) as of the date hereof, after giving effect to the amendments set forth herein:

               Section 2.1. Authority. The SPV and Arrow each has the requisite corporate power, authority and legal right to execute and deliver this Amendment and to perform its obligations hereunder and under the Transaction Documents, including the TAA (as modified hereby). The execution, delivery and performance by the SPV and Arrow of this Amendment and their performance of the Transaction Documents, including the TAA (as modified hereby), have been duly approved by all necessary corporate action and no other corporate proceedings are necessary to consummate such transactions.

               Section 2.2. Enforceability. This Amendment has been duly executed and delivered by the SPV and Arrow. This Amendment is the legal, valid and binding obligation of the SPV and Arrow, enforceable against the SPV and Arrow in accordance with its terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws affecting the rights of creditors generally and the application of general principles of equity (regardless of whether considered in a proceeding at law or in equity). The making and delivery of this Amendment and the performance of the Agreement, as amended by this Amendment, do not violate any provision of law or any regulation (except to the extent that the violation thereof could not, in the aggregate, be expected to have a Material Adverse Effect or a material adverse effect on the condition (financial or otherwise), business or properties of Arrow and the other

 


 

Originators, taken as a whole), or its charter or by-laws, or result in the breach of or constitute a default under or require any consent under any indenture or other agreement or instrument to which it is a party or by which it or any of its properties may be bound or affected.

               Section 2.3. Representations and Warranties. The representations and warranties contained in the Transaction Documents are true and correct on and as of the date hereof as though made on and as of the date hereof after giving effect to this Amendment.

               Section 2.4. No Termination Event. After giving effect to this Amendment, no event has occurred and is continuing that constitutes a Termination Event or a Potential Termination Event.

          SECTION 3. Conditions Precedent. This Amendment shall become effective, as of the date hereof, on the date on which the following conditions precedent shall have been fulfilled:

               Section 3.1. This Amendment. The Administrative Agent shall have received counterparts of this Amendment, duly executed by each of the parties hereto.

               Section 3.2. Additional Documents. The Administrative Agent shall have received all additional approvals, certificates, documents, instruments and items of information as the Administrative Agent may reasonably request and all of the foregoing shall be in form and substance reasonably satisfactory to the Administrative Agent and each Funding Agent.

               Section 3.3. Amendment Fee. Each of the Funding Agents shall have received payment of an amendment fee equal to (i) 0.05% multiplied by (ii) the sum of the Commitments of the related Alternate Investors and divided by (iii) 1.02.

          SECTION 4. References to and Effect on the Transaction Documents.

               Section 4.1. Except as specifically amended and modified hereby, each Transaction Document is and shall continue to be in full force and effect and is hereby in all respects ratified and confirmed.

               Section 4.2. The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of any Investor, Funding Agent or the Administrative Agent under any Transaction Document, nor constitute a waiver, amendment or modification of any provision of any Transaction Document, except as expressly provided in Section 1 hereof.

               Section 4.3. This Amendment contains the final and complete integration of all prior expressions by the parties hereto with respect to the subject matter hereof

 


 

and shall constitute the entire agreement among the parties hereto with respect to the subject matter hereof superseding all prior oral or written understandings.

               Section 4.4. Each reference in the TAA to “this Agreement”, “hereunder”, “hereof” or words of like import, and each reference in any other Transaction Document to “the Transfer and Administration Agreement”, “thereunder”, “thereof” or words of like import, referring to the Agreement, shall mean and be a reference to the Agreement as amended hereby.

               Section 4.5. Arrow and the SPV agree that as of the effective date of this Amendment, the respective Commitments under the TAA of each of Bowand, LLC, Polonious Inc. and Danske Bank A/S (collectively, the “Exiting Parties”) are hereby terminated and agree that each of the Exiting Parties hereby ceases to be a party to the TAA.

          SECTION 5. Execution in Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement. Delivery of an executed counterpart of a signature page to this Amendment by telefacsimile shall be effective as delivery of a manually executed counterpart of this Amendment.

          SECTION 6. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

          SECTION 7. WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG ANY OF THEM ARISING OUT OF, CONNECTED WITH, RELATING TO OR INCIDENTAL TO THE RELATIONSHIP BETWEEN THEM IN CONNECTION WITH THIS AMENDMENT OR ANY OTHER TRANSACTION DOCUMENT.

 


 

               IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first above written.

         
  Arrow Electronics Funding Corporation,
as SPV
 
 
  By:   /s/ Ira Birns    
    Name:   Ira Birns   
    Title: President   
 
         
  Arrow Electronics, Inc.,
individually and as Master Servicer
 
 
  By:   /s/ Ira Birns    
    Name:   Ira Birns   
    Title: President   
 
         
  Kitty Hawk Funding Corporation,
as a Conduit Investor
 
 
  By:   /s/ Jill A. Gordon    
    Name:   Jill A. Gordon   
    Title: Vice President   
 
         
  Bank of America, National Association,
as a Funding Agent, as Administrative Agent, and as an
Alternate Investor
 
 
  By:   /s/ Charu Mani    
    Name:   Charu Mani   
    Title: Vice President   
 

 


 

    Delaware Funding Company, LLC,
as a Conduit Investor
 
    By: JPMorgan Chase Bank, N.A. (formerly known as
JPMorgan Chase Bank), its attorney-in-fact
         
     
  By:   /s/ Mark J. Connor    
    Name:   Mark Connor   
    Title: Vice President   
 
         
  JPMorgan Chase Bank, N.A.,
(formerly known as JPMorgan Chase Bank) as a Funding
Agent and as an Alternate Investor
 
 
  By:   /s/ Mark J. Connor    
    Name:   Mark Connor   
    Title: Vice President   
 

    Alpine Securitization Corp.,
as a Conduit Investor
 
    By: Credit Suisse First Boston, New York Branch,
its attorney-in-fact
         
     
  By:   /s/ Joseph Soave    
    Name:   Joseph Soave   
    Title: Director   
 
         
     
  By:   /s/ Mark Golombeck    
    Name:   Mark Golombeck   
    Title: Director   
 
         
  Credit Suisse First Boston, New York Branch
as a Funding Agent and as an Alternate Investor
 
 
  By:   /s/ Josh Borg    
    Name:   Josh Borg   
    Title: Vice President   
 
         

 


 

         
     
  By:   /s/ Alberto Zonca    
    Name:   Alberto Zonca   
    Title: Director   
 
         
  Liberty Street Funding Corp.,
as a Conduit Investor
 
 
  By:   /s/ Bernard J. Angelo    
    Name:   Bernard J. Angelo   
    Title:   Vice President   
 
         
  The Bank of Nova Scotia,
as a Funding Agent and as an Alternate Investor
 
 
  By:   /s/ M. Kus    
    Name:   M. Kus   
    Title: Director   
 
         
  Gotham Funding Corporation,
as a Conduit Investor
 
 
  By:   /s/ Geraldine St-Louis    
    Name:   Geraldine St-Louis  
    Title: Vice President   
 
         
  The Bank of Tokyo-Mitsubishi, Ltd., New York
Branch,
as a Funding Agent
 
 
  By:   /s/ A.K. Reddy    
    Name:   A.K. Reddy   
    Title: Vice President   
 
         
  The Bank of Tokyo-Mitsubishi, Ltd., New York
Branch,
as an Alternate Investor
 
 
  By:   /s/ J. Terrence Dennehy    
    Name:   J. Terrence Dennehy   
    Title: Authorized Signatory   
 
         

 


 

         
  Old Line Funding, LLC,
as a Conduit Investor
 
 
  By:   /s/ Kimberly L. Wagner    
    Name:   Kimberly L. Wagner   
    Title: Authorized Signatory   
 
         
  Royal Bank of Canada
as a Funding Agent and as an Alternate Investor
 
 
  By:   /s/ Robert S. Jones    
    Name:   Robert S. Jones   
    Title: Authorized Signatory   
 
         
     
  By:   /s/ Veronica L. Gallagher    
    Name:   Veronica L. Gallagher   
    Title: Authorized Signatory   
 
         
  Blue Ridge Asset Funding Corporation
as a Conduit Investor
 
 
  By:   /s/ Douglas R. Wilson, Sr.    
    Name:   Douglas R. Wilson, Sr.   
    Title: Vice President   
 
         
  Wachovia Bank, National Association,
as a Funding Agent and as an Alternate Investor
 
 
  By:   /s/ William P. Rutkowski    
    Name:   William P. Rutkowski   
    Title: Vice President   

 


 

         

ANNEX I

Schedule A

                                     
 
        Conduit     Related           Alternate  
        Funding     Alternate     Related Funding     Investor(s)  
  Conduit Investor     Limit     Investor(s)     Agent     Commitment  
 
Kitty Hawk Funding
Corporation
    $ 82,280,000       Bank of America, National Association     Bank of America, National Association     $ 82,280,000    
 
Delaware Funding
Company, LLC
    $ 82,280,000       JPMorgan Chase Bank, N.A. (formerly known as JPMorgan Chase Bank)     JPMorgan Chase Bank, N.A. (formerly known as JPMorgan Chase Bank)     $ 82,280,000    
 
Alpine Securitization Corp.
    $ 82,280,000       Credit Suisse First
Boston, New York
Branch
    Credit Suisse First
Boston, New York
Branch
    $ 82,280,000    
 
Liberty Street Funding Corp.
    $ 82,280,000       The Bank of Nova Scotia     The Bank of Nova Scotia     $ 82,280,000    
 
Gotham Funding
Corporation
    $ 82,280,000       The Bank of Tokyo-Mitsubishi, Ltd., New York Branch     The Bank of Tokyo-Mitsubishi, Ltd., New York Branch     $ 82,280,000    
 
Old Line Funding,
LLC
    $ 74,800,000       Royal Bank of Canada     Royal Bank of Canada     $ 74,800,000    
 
Blue Ridge Asset
Funding Corporation
    $ 74,800,000       Wachovia Bank,
National
Association
    Wachovia Bank,
National
Association
    $ 74,800,000    
 

 


 

Annex II

SCHEDULE B

Match Funding Conduit Investors

Kitty Hawk Funding Corporation

Old Line Funding, LLC

Gotham Funding Corporation

 


 

Annex III

SCHEDULE 11.3

Address and Payment Information

If to the Conduit Investors:

     
(1)
  Kitty Hawk Funding Corporation
  Lord Securities
  48 Wall Street
  27th Floor
  New York, New York 10005
  Attention: Jill Gordon
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
(2)
  Delaware Funding Company, LLC
  c/o JPMorgan Securities Inc.
  270 Park Avenue, 10th Floor
  New York, New York 10017
  Attention: Christopher Lew
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
(3)
  Alpine Securitization Corp.
  c/o Credit Suisse First Boston, New York Branch
  as Administrative Agent
  11 Madison Avenue
  New York, NY 10010
  Attention: Joe Soave
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
(4)
  Liberty Street Funding Corp.
  c/o Global Securitization Services, LLC
  114 West 47th Street
  Suite 1715
  New York, NY 10036
  Attention: Andrew L. Stidd
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
(5)
  Gotham Funding Corporation
  c/o The Bank of Tokyo-Mitsubishi, Ltd., New York Branch
  1251 Avenue of the Americas
  New York, New York 10020
  Attention: Devang Sodha
  Telephone: 212 ###-###-####

 


 

     
  Facsimile: 212 ###-###-####
 
   
(6)
  Old Line Funding, LLC
  c/o Global Securitization Services, LLC
  445 Broad Hollow Road
  Suite 239
  Melville, NY 11747
  Attention: Tony Wong
  Tel. No.: (631)  ###-###-####
  Facsimile No.: (212)  ###-###-####
 
   
  With a copy to:
  Old Line Funding, LLC
  One Little Falls Centre
  2711 Centerville Road
  Suite 215
  Wilmington, DE 19808
  Attn: Kim Wagner
  Tel: (302)  ###-###-####
  Fax: (302)  ###-###-####
  E-mail: ***@***
 
   
(7)
  Blue Ridge Asset Funding Corporation
  c/o Wachovia Capital Markets, LLC
  301 South College Street, TW-16
  Mail Stop NC-0171
  Charlotte, NC 28288
  Attention: Douglas R. Wilson
  Tel. No.: (704)  ###-###-####
  Facsimile No.: (704)  ###-###-####

If to the Alternate Investors:

     
 
   
(1)
  Bank of America, National Association
  NC1-027-19-01
  214 North Tryon Street, 19th Floor
  Charlotte, NC 28255
  Attention: Global Asset Backed Securitization Group;
  Portfolio Management
  Attention: Charu Mani
  Telephone: 704 ###-###-####
  Facsimile: 704 ###-###-####
 
   
(2)
  JPMorgan Securities Inc.
  c/o Delaware Funding Company, LLC
  270 Park Avenue, 10th Floor

 


 

     
  New York, New York 10017
  Attention: Christopher Lew
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
(3)
  Credit Suisse First Boston, New York Bank
  11 Madison Avenue
  New York, New York 10010
  Attention: Joe Soave
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
(4)
  The Bank of Nova Scotia
  1 Liberty Plaza, 26th Floor
  New York, New York 10006
  Attention: Richard L. Taiano
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
(5)
  The Bank of Tokyo-Mitsubishi, Ltd., New York Branch
  1251 Avenue of the Americas
  New York, New York 10020
  Attention: US Corporate Banking, PMG Group, Spencer Hughes
  Telephone: 212 ###-###-####
 
   
 
   
(6)
  Royal Bank of Canada
  One Liberty Plaza, 5th Floor
  New York, NY 10006-1404
  Attention: Managing Director, Global Securitization Group
  Tel No.: (212)  ###-###-####
  Facsimile No.: (212)  ###-###-####
 
   
  With a copy to:
  Old Line Funding, LLC
  One Little Falls Centre
  2711 Centerville Road
  Suite 215
  Wilmington, DE 19808
  Attn: Kim Wagner
  Tel: (302)  ###-###-####
  Fax: (302)  ###-###-####
  E-mail: ***@***
 
   
(7)
  Wachovia Bank, National Association
  191 Peachtree Street, N.E.
  Mail Stop GA-8088
  Atlanta, GA 30303

 


 

     
  Attention: Victoria Dudley
  Telephone: (404)  ###-###-####
  Fax: (404)  ###-###-####

If to the Funding Agents:

     
 
   
(1)
  Bank of America, National Association,
  as Funding Agent for Kitty Hawk Funding Corporation
  NC1-027-19-01
  214 North Tryon Street, 19th Floor
  Charlotte, NC 28255
  Attention:Global Asset Backed Securitization Group;
  Portfolio Management
  Telephone:704 ###-###-####
  Facsimile:704 ###-###-####
 
   
  Payment Information:
 
   
  Deutsche Bank
  ABA 021001033
  Account No.: 00362941
  Account Name: DB as Depository for KHFC
 
   
(2)
  JPMorgan Chase Bank, N.A. (formerly known as JPMorgan Chase Bank)
  as Funding Agent for Delaware Funding Company, LLC
  One Bank One Plaza
  Mail Suite: IL1-0079
  Chicago, IL 60670
  Attention: D’Andrea Anderson
  Telephone: (312)  ###-###-####
  Facsimile: (312)  ###-###-####
 
   
  Payment Information:
 
   
  Bank One, NA
  ABA No. 071000013
  Account No.  ###-###-####
  Reference: DFC/Arrow Electronics
  Attention: D’Andrea Anderson
 
   
(3)
  Credit Suisse First Boston New York Branch,
  as Funding Agent for Alpine Securitization Corp.
  11 Madison Avenue

 


 

     
  New York, New York 10010
  Attention: Joe Soave
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
  Payment Information:
 
   
  Bank of New York
  ABA No. 02-000-018
  Account No. 890-038-7025
  Reference: Arrow Funding
 
   
(4)
  The Bank of Nova Scotia,
  as Funding Agent for Liberty Street Funding Corp.
  1 Liberty Plaza, 26th Floor
  New York, New York 10006
  Attention: Richard L. Taiano
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
  Payment Information:
 
   
  The Bank of Nova Scotia- New York Agency
  ABA No. 026-002-532
  Account No. 02158-13
  Reference: Arrow Electronics Funding Corporation [Reason for Payment]
 
   
(5)
  The Bank of Tokyo-Mitsubishi, Ltd., New York Branch
  as Funding Agent for Gotham Funding Corporation
  1251 Avenue of the Americas
  10th Floor
  New York, New York 10020
  Attention: Aditya Reddy
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
  Payment Information:
 
   
  Bank of Tokyo-Mitsubishi Trust Company
  ABA No. 026-009-687
  Account Name: Gotham Funding Corporation
  Account No. 310035147
  Reference: Arrow — Electronics
 
   
(6)
  Royal Bank of Canada
  as Funding Agent for Old Line Funding, LLC
  Global Securitization Group
  One Liberty Plaza
  New York, New York 10006-1404
  Attention:Tony Cowart

 


 

     
  Telephone: 212 ###-###-####
  Facsimile: 212 ###-###-####
 
   
  With a copy to:
  Old Line Funding, LLC
  One Little Falls Centre
  2711 Centerville Road
  Suite 215
  Wilmington, DE 19808
  Attn: Kim Wagner
  Tel: (302)  ###-###-####
  Fax: (302)  ###-###-####
  E-mail: ***@***
  E-mail CC: ***@***
 
   
  Payment Information:
 
   
  Deutsche Bank Trust Company Americas
  ABA #021-001-033
  Account Name: Old Line Funding Corporation
  Account # 048-72-850
  Reference: Kim Sukdeo/Arrow Electronics
  (212) 602-1263
 
   
(7)
  Wachovia Bank, National Association
  as Funding Agent for Blue Ridge Asset Funding Corporation
  201 South College Street
  Charlotte, NC 28288
  Attention: Sherry McInturf
  Telephone: (704)  ###-###-####
  Fax: (404)  ###-###-####
 
   
  Payment Information:
 
   
  First Union National Bank
  ABA# 053000219
  Acct. Name: CP Liability Account
  Account Number: 2000010384921
  Reference: Arrow Electronics

If to the SPV:

 
Arrow Electronics Funding Corporation
7459 South Lima Street
Building 2
Englewood, Colorado 80112

 


 

 
Telephone:
Facsimile:
 
Payment Information:
Chase Manhattan Bank
ABA 021 000 021
Account No. 323-1-96500
Reference A/R Securitization Funding
 
If to Arrow or the Master Servicer:
 
Arrow Electronics, Inc.
50 Marcus Drive
Melville, New York 11747
Telephone: (631)  ###-###-####
Facsimile: (631)  ###-###-####
 
Payment Information:
 
Chase Manhattan Bank
New York, NY
ABA 021000021
Account No. 144-0-91175
 
If to the Administrative Agent:
 
Bank of America, National Association
NC1-027-19-01
214 North Tryon Street, 19th Floor
Charlotte, NC 28255
Attention: Global Asset Backed Securitization Group; Portfolio Management
Attention: Charu Mani
Telephone: 704 ###-###-####
Facsimile: 704 ###-###-####
 
Additional copy of Master Servicer Report, Investment Request to be delivered to:
 
Bank of America, National Association,
as Administrator
NC1-027-19-01
214 North Tryon Street
Charlotte, NC 28255
Attention: Global Asset Backed Securitization Group; Portfolio Management, Tim Pacitto
Telephone: 704 ###-###-####
Facsimile: 704 ###-###-####

 


 

 
Email: ***@***
Payment Information:
 
Collection Account
 
ABA ###-###-####
Account Name: BA as Agent for Investors — Collection Account (Arrow)
Account No. 0006 8765 0051
Reference: Arrow Electronics
 
Funding Account
 
ABA ###-###-####
Account Name: BA as Agent for Investors — Arrow Electronics
Account No. 0006 8765 0048
Reference: Arrow Electronics