Working Capital Loan Agreement Amendment Letter
Exhibit 10.1
AMENDMENT LETTER
SVF Investment Corp. 3
Walkers Corporate Limited
190 Elgin Avenue
George Town
Grand Cayman KY1-9008
Cayman Islands
SVF Sponsor III (DE) LLC
c/o Corporation Service Company
251 Little Falls Drive
Wilmington DE 19809, U.S.
Ladies and Gentlemen:
This letter amends the loan agreement dated 10 August 2021 between SVF Investment Corp. 3 (the Borrower) and SVF Sponsor III (DE) LLC (the Lender), entered into in connection with the loan facility made available to the Borrower by the Lender (the Loan Agreement). Terms used in this letter and not defined have the meanings given to such terms in the Loan Agreement.
Pursuant to Clause 15 (Amendments and Waivers) and the definition of Commitment in Clause 1.1 (Definitions) of the Loan Agreement, the Borrower and the Lender may agree a higher amount of Commitment to be made available for the loan facility. The Borrower and the Lender hereby consent to and agree that the Commitment be increased from U.S.$2,000,000 to U.S.$3,000,000 with effect from the date of this letter.
This letter may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which taken together shall constitute one and the same instrument.
The provisions of Clause 18 (Governing Law) and Clause 19 (Enforcement) of the Loan Agreement shall apply to this letter as if set out here in full.
The Borrower
By: | ) | /s/ Ioannis Pipilis | ||
) | ||||
For and on behalf of | ) |
| ||
SVF Investment Corp. 3 | ) | Name: Ioannis Pipilis | ||
Title: Chief Executive Officer |
The Lender
By: | ) | |||
) | /s/ Kokoro Motegi | |||
For and on behalf of | ) |
| ||
SVF Sponsor III (DE) LLC | ) | Name: Kokoro Motegi | ||
Title: Manager |