Best Buy 2003 Annual Report Download - page 67

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THE GUARANTORS:
BEST BUY CO., INC. BEST BUY STORES, L.P by its general
partner
BBC PROPERTY CO.
Per: /s/ Darren R. Jackson Per: /s/ Darren R. Jackson
Per: Per:
14
SCHEDULE “A” TO OFFER LETTER
FROM HSBC BANK CANADA
TO BEST BUY CANADA LTD. MAGASINS BEST BUY LTÉE.
DATED SEPTEMBER 13, 2002
1. Representations and Warranties:
Each of the Borrower and the Guarantors represents and warrants to the Bank that:
1.1. each of the Borrower and Best Buy Co. has been duly incorporated and
organized, is properly constituted, is in good standing and is entitled to conduct its
business in all jurisdictions in which it carries on business or has assets;
1.2. Stores L.P. has been duly established, is properly constituted, is in good standing
and is entitled to conduct its business in all jurisdictions in which it carries on business
or has assets;
1.3. the execution of the Offer Letter and the Loan Documents and the incurring of
liability and indebtedness to the Bank does not and will not contravene:
1.3.1 any Legal Requirement applicable to the Borrower or the Guarantors; or
1.3.2 any provision contained in any other loan or credit agreement or borrowing instrument or
contract to which the Borrower or either of the Guarantors is a party;
1.4. all necessary Legal Requirements have been met and all other authorizations,
approvals, consents and orders have been obtained with respect to the Loans and the
execution and delivery of the Offer Letter and the Loan Documents;