Franklin Auto Trust 2007-1 Sample Contracts

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Purchase Agreement • April 6th, 2007 • Franklin Auto Trust 2007-1 • Asset-backed securities • New York

PURCHASE AGREEMENT dated as of April 1, 2007 among FRANKLIN CAPITAL CORPORATION, a Utah corporation (“FCC”), FRANKLIN SPE LLC, a Delaware limited liability company (“Franklin SPE” and together with FCC, the “Sellers”), and FRANKLIN RECEIVABLES LLC, a Delaware limited liability company (the “Purchaser”).

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