THIS AGREEMENT.
(C)
EACH PARTY TO THIS AGREEMENT IRREVOCABLY CONSENTS TO SERVICE OF
PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 7.1 OF THE LOAN
AGREEMENT.
NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS
AGREEMENT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.
17.
HEADINGS.
SECTION HEADINGS USED HEREIN ARE FOR CONVENIENCE OF
REFERENCE ONLY, ARE NOT PART OF THIS AGREEMENT AND SHALL NOT AFFECT THE
CONSTRUCTION OF, OR BE TAKEN INTO CONSIDERATION IN INTERPRETING, THIS AGREEMENT.
18.
REINSTATEMENT.
GRANTOR FURTHER AGREES THAT, IF ANY PAYMENT MADE
BY GRANTOR OR OTHER PERSON AND APPLIED TO THE OBLIGATIONS IS AT ANY TIME
ANNULLED, AVOIDED, SET ASIDE, RESCINDED, INVALIDATED, DECLARED TO BE FRAUDULENT
OR PREFERENTIAL OR OTHERWISE REQUIRED TO BE REFUNDED OR REPAID, OR THE PROCEEDS
OF COLLATERAL ARE REQUIRED TO BE RETURNED BY SECURED PARTY TO GRANTOR, ITS
ESTATE, TRUSTEE, RECEIVER OR ANY OTHER PARTY, UNDER ANY BANKRUPTCY LAW, STATE OR
FEDERAL LAW, COMMON LAW OR EQUITABLE CAUSE, THEN, TO THE EXTENT OF SUCH PAYMENT
OR REPAYMENT, ANY LIEN OR OTHER COLLATERAL SECURING SUCH LIABILITY SHALL BE AND
REMAIN IN FULL FORCE AND EFFECT, AS FULLY AS IF SUCH PAYMENT HAD NEVER BEEN MADE
OR, IF PRIOR THERETO THE LIEN GRANTED HEREBY OR OTHER COLLATERAL SECURING SUCH
LIABILITY HEREUNDER SHALL HAVE BEEN RELEASED OR TERMINATED BY VIRTUE OF SUCH
CANCELLATION OR SURRENDER), SUCH LIEN OR OTHER COLLATERAL SHALL BE REINSTATED IN
FULL FORCE AND EFFECT, AND SUCH PRIOR CANCELLATION OR SURRENDER SHALL NOT
DIMINISH, RELEASE, DISCHARGE, IMPAIR OR OTHERWISE AFFECT ANY LIEN OR OTHER
COLLATERAL SECURING THE OBLIGATIONS OF GRANTOR IN RESPECT OF THE AMOUNT OF SUCH
PAYMENT.
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IN WITNESS WHEREOF, the undersigned party has executed this Agreement to be
effective for all purposes as of the date above first written.
KEMET ELECTRONICS CORPORATION
By
/s/ PER-OLOF LOOF
Name: Per-Olof Loof
Title:
CEO