NOTICE OF GUARANTEED DELIVERY
OFFER FOR OUTSTANDING
9-7/8% SENIOR NOTES DUE 2008
IN EXCHANGE FOR
9-7/8% SENIOR NOTES DUE 2008
OF
ELGAR HOLDINGS, INC.
This form or one substantially equivalent to it must be used to exchange
the Elgar Holdings, Inc. 9-7/8% Senior Notes Due 2008 (the "Old Notes") if
certificates for the Old Notes are not immediately available or if time will
not permit the Letter of Transmittal or other required documents to reach the
United States Trust Company of New York, N.A. (the "Exchange Agent") prior to
5:00 p.m. New York time on ______ __, 1998, at which time the right to
exchange the Old Notes terminates. This form must be delivered by hand,
mail, telegram or facsimile transmission to the Exchange Agent as follows:
MAIL DELIVERY TO: United States Trust Company of New York, N.A., EXCHANGE
AGENT
By Mail:
United States Trust Company of New York
P.O. Box 844, Cooper Station
New York, NY 10276-0841
Attention: Corporate Trust Services
BY HAND: BY OVERNIGHT DELIVERY:
United States Trust Company United States Trust Company
of New York of New York
111 Broadway, Lower Level 770 Broadway, 13th Floor
New York, NY 10006 New York, NY 10003
Attention: Corporate Trust Attention: Corporate Trust
Services Services
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DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN
THOSE SHOWN ABOVE DOES NOT CONSTITUTE VALID DELIVERY.
UNDER THE TERMS OF THIS DOCUMENT, THE OLD NOTES, A PROPERLY COMPLETED AND
DULY EXECUTED LETTER OF TRANSMITTAL AND OTHER DOCUMENTS REQUIRED BY THE
LETTER OF TRANSMITTAL MUST BE DELIVERED TO THE EXCHANGE AGENT WITHIN FOUR
BUSINESS DAYS AFTER THE DATE OF DELIVERY OF THIS NOTICE OF GUARANTEED
DELIVERY.
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Ladies and Gentlemen:
The undersigned hereby tenders the principal amount of Old Notes
indicated below, upon the terms and subject to the conditions contained in
the Registration Statement on Form S-4 filed by Elgar Holdings, Inc., a
Delaware corporation, with the Securities and Exchange Commission (the
"Registration Statement") and the accompanying Prospectus dated July __, 1998
included therein (the "Prospectus"), receipt of which is hereby acknowledged:
DESCRIPTION OF SECURITIES TENDERED
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PLEASE FILL IN YOUR NAME(S) EXACTLY
AS IT APPEARS ON YOUR NOTE(S) PLEASE FILL IN
AND YOUR PRESENT ADDRESS NUMBERS AND AMOUNTS
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NAME(S): NOTE PRINCIPAL
NUMBER(S) AMOUNT
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ADDRESS(ES):
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TOTALS
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SIGNATURES (ALL REGISTERED HOLDERS MUST SIGN): ADDRESS:
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(Please Type or Print) Area Code and Daytime Telephone Number:
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2
THE FOLLOWING GUARANTEE MUST BE COMPLETED
GUARANTEE
The undersigned, a member firm of a registered national securities exchange
or a member of the National Association of Securities Dealers, Inc., or a
commercial bank or trust company having an office, branch or agency in the
United States, hereby guarantees to deliver to the Exchange Agent at the address
set forth above, Old Note certificates surrendered for exchange hereby in proper
form for transfer, together with a properly completed and duly executed Letter
of Transmittal and any other documents required by the Letter of Transmittal,
within four (4) business days after the date of delivery of this Notice of
Guaranteed Delivery.
Dated: , 199 Name of Firm:
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Sign Here:
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(Authorized Signature)
Name:
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(Please type or print)
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(Area code and Telephone Number)
Address:
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(Zip code)
NOTE: DO NOT SEND OLD NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. OLD
NOTES SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL.