Exhibit 10.4
SIXTH AMENDMENT TO
RECEIVABLES PURCHASE AGREEMENT
------------------------------
This Sixth Amendment to Receivables Purchase Agreement, dated as of April
24, 2001 (this "Amendment"), is among D&K RECEIVABLES CORPORATION, a Delaware
corporation ("Seller"), D&K HEALTHCARE RESOURCES, INC., a Delaware corporation
("Parent"), BLUE KEEL FUNDING, LLC, a Delaware limited liability company
("Purchaser"), and FLEET NATIONAL BANK, a national banking association, as
administrator for Purchaser (in such capacity, the "Administrator").
BACKGROUND
1. Seller, Parent, Purchaser and the Administrator are parties to that
certain Receivables Purchase Agreement, dated as of August 7, 1998, as amended
by the First Amendment to Receivables Purchase Agreement, dated as of December
17, 1998, by the Second Amendment to Receivables Purchase Agreement, dated as of
June 1, 1999, by the Third Amendment to Receivables Purchase Agreement, dated as
of March 31, 2000, by the Fourth Amendment to Receivables Purchase Agreement,
dated as of February 2, 2001 and by the Fifth Amendment, dated as of March 30,
2001 (the "Receivables Purchase Agreement").
2. The parties hereto desire to amend the Receivables Purchase Agreement
in certain respects as set forth herein.
NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:
SECTION 1. Definitions. Capitalized terms used in this Amendment and not
otherwise defined herein shall have the meanings assigned thereto in the
Receivables Purchase Agreement.
SECTION 2. Purchase Limit. Section 1.01 of the Receivables Purchase
Agreement is hereby amended by deleting each reference to "May 1, 2001" that
appears therein, and substituting therefor "June 1, 2001".
SECTION 3. Representations and Warranties. Each of Parent and Seller
hereby represents and warrants that, after giving effect to this Amendment, (i)
the representations and warranties contained in Article VI of the Receivables
Purchase Agreement are true and correct on and as of the date hereof and shall
be deemed to have been made on such date (except that any such representation or
warranty that is expressly stated as being made only as of a specified earlier
date shall be true and correct in all material respects as of such earlier date)
and (ii) no Liquidation Event or Unmatured Liquidation Event has occurred and is
continuing.
SECTION 4. Miscellaneous. The Receivables Purchase Agreement , as amended
hereby, remains in full force and effect. Any reference to the Receivables
Purchase Agreement
from and after the date hereof shall be deemed to refer to the Receivables
Purchase Agreement as amended hereby. This Amendment may be executed in
counterparts, each of which when so executed shall be deemed to be an original
and all of which when taken together shall constitute one and the same
agreement. This Amendment shall be governed by, and construed in accordance
with, the laws of the State of New York. Seller, on demand, shall pay, or
reimburse the Administrator for, all of the costs and expenses, including legal
fees and disbursements, incurred by the Administrator or Purchaser in connection
with this Amendment.
[REMAINDER OF PAGE LEFT INTENTIONALLY BLANK]
IN WITNESS WHEREOF, each of the undersigned has caused this Amendment to be
executed and delivered by its duly authorized officer as of the date first above
written.
D&K RECEIVABLES CORPORATION
By: /s/ Xxxxxx X. Xxxxxx
----------------
Name: Xxxxxx X. Xxxxxx
----------------
Title: Senior Vice President & CFO
---------------------------
D&K HEALTHCARE RESOURCES, INC.
By: /s/ Xxxxxx X. Xxxxxx
----------------
Name: Xxxxxx X. Xxxxxx
----------------
Title: Senior Vice President & CFO
---------------------------
BLUE KEEL FUNDING, LLC, as Purchaser
By: /s/ Xxxxxxx X. Xxxxxx
-----------------
Name: Xxxxxxx X. Xxxxxx
-----------------
Title: Vice President
--------------
FLEET NATIONAL BANK, as the Administrator
By: /s/ Xxxx Xxxxxxxxx
--------------
Name: Xxxx Xxxxxxxxx
--------------
Title: Vice President
--------------
