Notice Pursuant to Tex. Bus. & Comm. Code ss.26.02. This Section is hereby amended to read as follows: THE 3/02 CREDIT AGREEMENT, AS SUPPLEMENTED BY THE 10/02 SUPPLEMENT, AS AMENDED BY THE 12/02 AMENDMENT, THE 3/03 AMENDMENT, AND THE 3/31/03 AMENDMENT AND AS AMENDED HEREBY, AND THE OTHER FACILITIES PAPERS TOGETHER CONSTITUTE A WRITTEN LOAN AGREEMENT WHICH REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. (The remainder of this page is blank; unnumbered counterpart signature pages follow.) EXECUTED as of September 22, 2003. By the Companies: AMERICAN BUSINESS CREDIT, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ HOMEAMERICAN CREDIT, INC. doing business as UPLAND MORTGAGE By:_________________________________________ Name:_______________________________________ Title:______________________________________ AMERICAN BUSINESS MORTGAGE SERVICES, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ TIGER RELOCATION COMPANY By:_________________________________________ Name:_______________________________________ Title:______________________________________ ABFS RESIDUAL 2002, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ By the Parent/Guarantor: AMERICAN BUSINESS FINANCIAL SERVICES, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ Unnumbered counterpart signature page to 9/03 Amendment to Senior Secured Credit Agreement among American Business Credit, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and as a Lender By the Agent and a Lender: JPMORGAN CHASE BANK, as the Agent and as a Lender By:_________________________________________ Name:_______________________________________ Title:______________________________________ Schedules: Schedule LC - the Lenders' Committed Sums and Subline Funding Limits and the Aggregate Committed Sum Unnumbered counterpart signature page to 9/03 Amendment to Senior Secured Credit Agreement among American Business Credit, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and as a Lender SCHEDULE LC TO 3/02 CREDIT AGREEMENT The Lenders' Committed Sums and Subline Funding Limits and the Aggregate Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Lender Committed Sum Single-family Receivables REO Subline Repurchased Working Warehouse Subline Funding Mortgages Capital Subline Funding Share Share Subline Subline Funding Share Funding Share Funding Share ------------------ -------------- --------------- --------------- ------------- --------------- -------------- JPMorgan $8,000,000 0 0 0 0 0 Chase Bank* ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Aggregate $8,000,000 Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Sublimit 0 0 0 0 0 ------------------ -------------- --------------- --------------- ------------- --------------- -------------- *JPMorgan Chase Bank is the only Lender on the 9/03 Amendment Effective Date
Appears in 1 contract
Samples: Credit Agreement (American Business Financial Services Inc /De/)
Notice Pursuant to Tex. Bus. & Comm. Code ss.26.02Section 26.02. This Section is hereby amended to read as follows: THE 3/02 CREDIT AGREEMENT, AS SUPPLEMENTED BY THE 10/02 SUPPLEMENT, AS AMENDED BY THE 12/02 AMENDMENT, THE 3/03 AMENDMENT, AND THE 3/31/03 AMENDMENT AND AS AMENDED HEREBY, THIS AGREEMENT AND THE OTHER FACILITIES PAPERS TOGETHER CONSTITUTE A WRITTEN LOAN AGREEMENT WHICH REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. (The remainder of this page is blank; unnumbered counterpart signature pages follow.) 111 126 EXECUTED as of September 22the Effective Date. AMERIQUEST MORTGAGE CORPORATION (to be renamed Long Beach Mortgage Company) By: /s/ ------------------------------------ Name: ---------------------------------- Title: --------------------------------- 127 TEXAS COMMERCE BANK NATIONAL ASSOCIATION, 2003. By as the CompaniesAgent and as a Lender By: AMERICAN BUSINESS CREDIT/s/ ------------------------------------ Name: ---------------------------------- Title: --------------------------------- 128 GUARANTY FEDERAL BANK, INC. F.S.B., as a Lender By:_________________________: /s/ ------------------------------------ Name: ---------------------------------- Title: --------------------------------- 129 BANK UNITED, as a Lender By: /s/ ------------------------------------ Name: ---------------------------------- Title: --------------------------------- 130 THE FIRST NATIONAL BANK OF BOSTON, as a Lender By: /s/ ------------------------------------ Name: ---------------------------------- Title: --------------------------------- 131 COMERICA BANK-CALIFORNIA, as a Lender By: /s/ ------------------------------------ Name: ---------------------------------- Title: --------------------------------- 132 XXX XXXX XX XXX XXXX, xx a Lender By: /s/ ------------------------------------ Name: ---------------------------------- Title: --------------------------------- 133 Exhibits: Exhibit A-1 - Senior Credit Notes form Exhibit A-2 - Swing Line Note form Exhibit B - Requests for Borrowing forms with Submission List forms Exhibit C - Form of Subordination Agreement Exhibit D - List of the Company's Subsidiaries Exhibit E - Form of Officer's Certificate as to compliance or noncompliance with certain financial covenants Exhibit F - Form of Assignment and Assumption Agreement Exhibit G - Form of Interest Rate Selection Confirmation Exhibit H - Opinions to be included in required opinion of the Company's legal counsel Schedules: Schedule LC - the Lenders' Committed Sums and Subline Funding Limits Schedule UG-SSF - Company Underwriting Guidelines for Subprime Single-family Mortgage Loans Schedule QI - List of Qualified Investors Schedule FS - the Lenders' Funding Share fractions Schedule 7.1(b) - List of debts to be excluded from the subordination required by SECTION 7.1(b) Schedule 8.4 - Summary of material adverse changes and material unrealized losses since the Statement Date Schedule 8.15 - the Company's Plans Schedule 10.1 - List of Contingent Liabilities Schedule 10.4(g)(6) - List of permitted existing unsecured Debt 134 EXHIBIT A-1 TO 4/97 CREDIT AGREEMENT (THE "4/97 [LENDER NAME] SENIOR CREDIT NOTE") $________________ Name:_______________________________________ Title:______________________________________ HOMEAMERICAN CREDITHouston, INC. doing business Texas April 14, 1997 FOR VALUE RECEIVED, AMERIQUEST MORTGAGE CORPORATION, a Delaware corporation to be renamed "Long Beach Mortgage Company" ("MAKER" or the "COMPANY"), promises to pay to the order of [LENDER NAME] ("PAYEE"), a [LENDER ENTITY FORM], at the main branch of Texas Commerce Bank National Association, 712 Xxxx Xxxxxx, Xxxxxxx, Xxxxxx Xxxxxx, Texas 77002, or at such other place as UPLAND MORTGAGE By:_________________________________________ Name:_______________________________________ Title:______________________________________ AMERICAN BUSINESS MORTGAGE SERVICESthe Agent may hereafter designate in writing, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ TIGER RELOCATION COMPANY By:_________________________________________ Name:_______________________________________ Title:______________________________________ ABFS RESIDUAL 2002in immediately available funds and in lawful money of the United States of America, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ By the Parent/Guarantor: AMERICAN BUSINESS FINANCIAL SERVICESprincipal sum of [LENDER'S COMMITTED SUM] (or the unpaid balance of all principal advanced against this note, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ Unnumbered counterpart signature page if that amount is less), together with interest on the unpaid principal balance of this note from time to 9/03 Amendment to Senior Secured time outstanding until maturity at the applicable rate(s) provided for in the Credit Agreement among American Business Credit(or at such lesser rate, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and as a Lender By the Agent and a Lender: JPMORGAN CHASE BANKif any, as the Agent holder of this note -- the "HOLDER", whether or not Payee is such holder -- may in its sole discretion from time to time elect to be applicable for any day or days), and as a Lender By:_________________________________________ Name:_______________________________________ Title:______________________________________ Schedules: Schedule LC - interest on all past due amounts, both principal and accrued interest, at the Lenders' Committed Sums and Subline Funding Limits and Past Due Rate; provided that for the Aggregate Committed Sum Unnumbered counterpart signature page full term of this note the interest rate produced by the aggregate of all sums paid or agreed to 9/03 Amendment be paid to Senior Secured Credit Agreement among American Business CreditHolder for the use, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and as a Lender SCHEDULE LC TO 3/02 CREDIT AGREEMENT The Lenders' Committed Sums and Subline Funding Limits and forbearance or detention of the Aggregate Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Lender Committed Sum Single-family Receivables REO Subline Repurchased Working Warehouse Subline Funding Mortgages Capital Subline Funding Share Share Subline Subline Funding Share Funding Share Funding Share ------------------ -------------- --------------- --------------- ------------- --------------- -------------- JPMorgan $8,000,000 0 0 0 0 0 Chase Bank* ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Aggregate $8,000,000 Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Sublimit 0 0 0 0 0 ------------------ -------------- --------------- --------------- ------------- --------------- -------------- *JPMorgan Chase Bank is debt evidenced hereby shall not exceed the only Lender on the 9/03 Amendment Effective DateCeiling Rate.
Appears in 1 contract
Notice Pursuant to Tex. Bus. & Comm. Code ss.26.02. This Section is hereby amended to read as follows: THE 3/02 CREDIT AGREEMENT, AS SUPPLEMENTED BY THE 10/02 SUPPLEMENT, AS AMENDED BY THE 12/02 AMENDMENT, THE 3/03 AMENDMENT, AND THE 3/31/03 AMENDMENT AND AS AMENDED HEREBY, THIS AGREEMENT AND THE OTHER FACILITIES PAPERS TOGETHER CONSTITUTE A WRITTEN LOAN AGREEMENT WHICH REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. (The remainder of this page is blank; unnumbered counterpart signature pages follow.) 91 EXECUTED as of September 22, 2003the Effective Date. By the Companies: AMERICAN BUSINESS CREDIT, INC. By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ : ------------------------------------- HOMEAMERICAN CREDIT, INC. doing business as UPLAND MORTGAGE By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ AMERICAN BUSINESS : ------------------------------------- NEW JERSEY MORTGAGE SERVICES, INCAND INVESTMENT CORP. By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ TIGER RELOCATION COMPANY By:_________________________________________ Name:_______________________________________ Title:______________________________________ ABFS RESIDUAL 2002, INC. By:_________________________________________ Name:_______________________________________ Title:______________________________________ : ------------------------------------- By the Parent/Guarantor: Guarantor AMERICAN BUSINESS FINANCIAL SERVICES, INC. By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ Unnumbered counterpart signature page to 9/03 Amendment to Senior Secured Credit Agreement among American Business Credit, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and as a Lender : ------------------------------------- 92 By the Agent and a Lender: JPMORGAN THE CHASE MANHATTAN BANK, as the Agent and as a Lender By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ Schedules: Schedule LC - ------------------------------------- By the other Lenders' Committed Sums and Subline Funding Limits and the Aggregate Committed Sum Unnumbered counterpart signature page to 9/03 Amendment to Senior Secured Credit Agreement among American Business Credit, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and : ------------------------------------------ as a Lender SCHEDULE LC TO 3/02 CREDIT AGREEMENT The Lenders' Committed Sums and Subline Funding Limits and the Aggregate Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- ------------------------------------------ as a Lender Committed Sum Single-family Receivables REO Subline Repurchased Working Warehouse Subline Funding Mortgages Capital Subline Funding Share Share Subline Subline Funding Share Funding Share Funding Share ------------------ -------------- --------------- --------------- ------------- --------------- -------------- JPMorgan $8,000,000 0 0 0 0 0 Chase Bank* ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Aggregate $8,000,000 Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Sublimit 0 0 0 0 0 ------------------ -------------- --------------- --------------- ------------- --------------- -------------- *JPMorgan Chase Bank is the only By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- ------------------------------------------ as a Lender on the 9/03 Amendment Effective DateBy: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- ------------------------------------------ as a Lender By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- ------------------------------------------ as a Lender By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- ------------------------------------------ as a Lender By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- ------------------------------------------ as a Lender By: ---------------------------------------- Name: -------------------------------------- Title: -------------------------------------
Appears in 1 contract
Samples: Assignment and Assumption Agreement (American Business Financial Services Inc /De/)
Notice Pursuant to Tex. Bus. & Comm. Code ss.26.02. This Section is hereby amended to read as follows: THE 3/02 CREDIT AGREEMENT, AS SUPPLEMENTED BY THE 10/02 SUPPLEMENT, AS AMENDED BY THE 12/02 AMENDMENT, THE 3/03 AMENDMENT, AND THE 3/31/03 AMENDMENT SUPPLEMENT AND AS AMENDED HEREBY, AND THE OTHER FACILITIES PAPERS TOGETHER CONSTITUTE A WRITTEN LOAN AGREEMENT WHICH REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. (The remainder of this page is blank; unnumbered counterpart signature pages follow.) EXECUTED as of September 22December 19, 20032002. By the Companies: AMERICAN BUSINESS CREDIT, INC. By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ : ------------------------------------- HOMEAMERICAN CREDIT, INC. doing business as UPLAND MORTGAGE By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ : ------------------------------------- AMERICAN BUSINESS MORTGAGE SERVICES, INC. By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ : ------------------------------------- TIGER RELOCATION COMPANY By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ : ------------------------------------- ABFS RESIDUAL 2002, INC. By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ : ------------------------------------- By the Parent/Guarantor: Guarantor AMERICAN BUSINESS FINANCIAL SERVICES, INC. By:_________________________________________ : ---------------------------------------- Name:_______________________________________ : -------------------------------------- Title:______________________________________ : ------------------------------------- By the Agent and a Lender: JPMORGAN CHASE BANK, as the Agent and as a Lender By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- Attached: Exhibit 12/02-I - Copy of 1998-1 Class R Certificate Unnumbered counterpart signature page to 9/03 12/02 Amendment to Senior Secured Credit Agreement among American Business Credit, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and as a Lender By the Agent and a Lender: JPMORGAN CHASE BANK, as the Agent and as a Lender By:_________________________________________ Name:_______________________________________ Title:______________________________________ Schedules: Schedule LC - the Lenders' Committed Sums and Subline Funding Limits and the Aggregate Committed Sum Unnumbered counterpart signature page to 9/03 Amendment to Senior Secured Credit Agreement among American Business Credit, Inc. and certain affiliates and JPMorgan Chase Bank, as Agent and as a Lender SCHEDULE LC TO 3/02 CREDIT AGREEMENT The Lenders' Committed Sums and Subline Funding Limits and the Aggregate Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Lender Committed Sum Single-family Receivables REO Subline Repurchased Working Warehouse Subline Funding Mortgages Capital Subline Funding Share Share Subline Subline Funding Share Funding Share Funding Share ------------------ -------------- --------------- --------------- ------------- --------------- -------------- JPMorgan $8,000,000 0 0 0 0 0 Chase Bank* ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Aggregate $8,000,000 Committed Sum ------------------ -------------- --------------- --------------- ------------- --------------- -------------- Sublimit 0 0 0 0 0 ------------------ -------------- --------------- --------------- ------------- --------------- -------------- *JPMorgan Chase Bank is the only Lender on the 9/03 Amendment Effective Date
Appears in 1 contract
Samples: Senior Secured Credit Agreement (American Business Financial Services Inc /De/)
