Yours faithfully, EUROPEAN INVESTMENT BANK
Exhibit 10.36
Autoliv AB (publ) / Autoliv Inc.
Vasagatan 11
111 20 Stockholm
Sweden
Attention: Treasurer
DHL
| Luxembourg, 14th January 2015 | JUOPS/MB/CAJ/jw/2015-91 |
| Subject: | AUTOLIV SAFETY SYSTEMS R&D II (SWEDEN, GERMANY AND FRANCE) (Serapis Nº 2012-0517, FI N° 82.624) | |
| Finance contract between the European Investment Bank (the “Bank”) and Autoliv AB (publ) as borrower (the “Borrower”) and Autoliv Inc. as guarantor (the “Guarantor”) dated 16 July 2013 (the “Finance Contract”). | ||
| - Amendment | ||
|
| ||
Dear Sirs,
Reference is made to your request to extend the final availability date for disbursements up to 16 January 2016.
Unless otherwise defined in this letter, defined terms used in the Finance Contract shall have the same meaning when used herein.
| 1. | Amendments |
The Bank and the Borrower and the Guarantor agree that:
| (a) | the definition of the Final Availability Date in the Finance Contract shall be amended to be no later than 16 January 2016. |
| (b) | The wording under indent (a) of Article 1.09 (Non-utilisation fee) shall be deleted and be replaced with the following new wording: |
“On 20 December 2013, 20 June 2014, 16 January 2015 and 20 June 2015; and”
| 2. | Governing law |
Articles 11.01 and 11.02 of the Finance Contract shall apply to this letter, mutatis mutandis, as if they were set out herein.
In order to indicate your agreement to the above, we kindly request you to initial each page of the four originals of this Letter (other than the signatory page) and to date and duly sign each of the four originals. Please return to us two originals at your earliest convenience, including evidence of authorisation of the signatories of the Borrower and the Guarantor to sign and execute this letter. Please retain two originals for your records.
Yours faithfully,
EUROPEAN INVESTMENT BANK
| /s/ Hanna Karczewska | /s/ Liisa Raasakka | |||
| Hanna Karczewska | Liisa Raasakka | |||
| Head of Division | Loan Officer |
Agreed and accepted for and on behalf of:
Autoliv AB (publ) as borrower
| Name: | /s/ Fredrik Peyron | /s/ Mats Wallin | ||
| Fredrik Peyron | Mats Wallin | |||
| Title: | ||||
| Date: | 27 January 2015 | 27 January 2015 | ||
| Agreed and accepted for and on behalf of: Autoliv Inc. as guarantor | ||||
| Name: | /s/ Fredrik Peyron | /s/ Mats Wallin | ||
| Fredrik Peyron | Mats Wallin | |||
| Title: | ||||
| Date: | 27 January 2015 | 27 January 2015 | ||
