Amendments to the Receivables Sale Agreement. The Receivables Sale Agreement is hereby amended as set forth in this Section 2.
Amendments to the Receivables Sale Agreement. Subject to the satisfaction of the conditions precedent set forth in Section 2 below, the Receivables Sale Agreement is hereby amended as follows:
1.1 Section 4.1(a)(v) of the Receivables Sale Agreement is hereby amended to restate clauses (i), (ii) and (iii) thereof as follows:
(i) copies of all reports, statements, notices and certificates delivered or received by Originator (in its capacity as “Servicer” under either Servicing Agreement or otherwise) pursuant to Sections 3.05, 3.06, 3.07, 6.02, Annex 1 and Annex 2 of the 2001 Servicing Agreement (excluding any “Daily Servicer’s Report” delivered pursuant to Annex 2 of the 2001 Servicing Agreement) and Sections 3.01(b), 3.03, 3.04, 4.01 and 7.04 of the 2014 Servicing Agreement, (ii) copies of all reports and notices delivered to the holders of the securitization bonds issued by Consumers Funding LLC or the holders of the securitization bonds issued by Consumers 2014 Securitization Funding LLC, (iii) copies of all amendments, waivers or other modifications to any of the Basic Documents (as defined in either Servicing Agreement),
1.2 Section 4.1(a)(viii) of the Receivables Sale Agreement is hereby amended to restate the phrase “the Servicing Agreement” as “each Servicing Agreement”.
1.3 Section 4.1(b)(v) of the Receivables Sale Agreement is hereby amended to restate the phrase “the Servicing Agreement” as “either Servicing Agreement”.
1.4 Section 4.1(d) of the Receivables Sale Agreement is hereby amended to restate the phrase “the Securitization Property and the Servicing Agreement” as “the 2001 Securitization Property, the 2014 Securitization Property and the Servicing Agreements”.
1.5 Section 4.1(e)(i) of the Receivables Sale Agreement is hereby amended to restate the phrase “the Servicing Agreement” (in two places) as “the Servicing Agreements”.
Amendments to the Receivables Sale Agreement. Subject to the terms and conditions set forth herein, the Receivables Sale Agreement is hereby amended as follows:
(a) The following definitions are hereby added to Exhibit I of the Receivables Sale Agreement in appropriate alphabetical order:
Amendments to the Receivables Sale Agreement. The Receivables Sale -------------------------------------------- Agreement is hereby amended as follows:
(a) The definition of "Purchase Limit" in Article I of the Receivables Sale Agreement is hereby deleted, in its entirety, and replaced with the following:
Amendments to the Receivables Sale Agreement. The Receivables Sale Agreement is hereby amended as follows:
(a) The definition of “Facility Amount” set forth in Exhibit A of the Receivables Sale Agreement is hereby amended by deleting the amount “USD 100,000,000” where it appears therein and substituting the amount “USD 250,000,000” therefor.
Amendments to the Receivables Sale Agreement. Subject to the fulfillment of the conditions precedent set forth in Section 4 below, the Receivables Sale Agreement is hereby amended as follows:
2.1 Section 1.2(e) of the Receivables Sale Agreement is hereby amended to delete each reference to “Settlement Date” appearing therein and substitute the reference “Monthly Settlement Date” therefor.
2.2 Section 1.3 of the Receivables Sale Agreement is hereby amended to delete the reference to “Settlement Date” appearing therein and substitute the reference “Monthly Settlement Date” therefor.
2.3 The last sentence of Section 4.1(i) of the Receivables Sale Agreement is hereby deleted in its entirety.
Amendments to the Receivables Sale Agreement. The Receivables Sale Agreement is hereby amended as follows:
(a) Clause (iv) of the definition of “Eligible Receivable” set forth in Exhibit A of the Receivables Sale Agreement is hereby amended and restated in its entirety as follows:
(iv) that by its terms has an Invoice Due Date that is no more than 115 days from the original invoice date and such Invoice Due Date has not occurred,”
Amendments to the Receivables Sale Agreement. The parties to the Receivables Sale Agreement agree that the Receivables Sale Agreement is hereby amended as follows:
(a) Section 1.1 of the Receivables Sale Agreement is hereby amended as follows:
(i) The definition of "Purchase Termination Date" is hereby amended by replacing the date "November 1, 2015" where it appears therein with the date "April 13, 2018" in its place.
(b) Section 4.1 of the Receivables Sale Agreement is hereby amended by inserting a new clause (y) in the appropriate alphabetical order as follows:
Amendments to the Receivables Sale Agreement. The Seller shall not, without the prior written consent of the Collateral Agent, (i) cancel or terminate the Receivables Sale Agreement, (ii) amend, supplement or otherwise modify any of the terms of the Receivables Sale Agreement, (iii) give any consent, waiver, directive or approval under the Receivables Sale Agreement, (iv) waive any default, action, omission or breach under the Receivables Sale Agreement, or otherwise grant any indulgence thereunder, or (v) terminate or consent to the termination of any sub-servicer under the Receivables Sale Agreement.
Amendments to the Receivables Sale Agreement. Subject to the fulfillment of the conditions precedent set forth in Section 4 below, the Receivables Sale Agreement is hereby amended in accordance with Exhibit B hereto: (a) by deleting each term thereof which is lined-out and (b) by inserting each term thereof which is double-underlined, in each case in the place where such term appears therein. For the avoidance of doubt, notwithstanding anything to the contrary contained in any prior amendment or amendments to the Receivables Sale Agreement, the Receivables Sale Agreement set forth in Exhibit B hereto reflects the current agreement of the parties hereto as to all of the terms and provisions of the Receivables Sale Agreement as of the Effective Date.
