THIRTEENTH AMENDMENT TO LOAN AND SERVICING AGREEMENT
Exhibit 10.8(m)
THIRTEENTH AMENDMENT TO LOAN AND SERVICING AGREEMENT
THIS THIRTEENTH AMENDMENT TO LOAN AND SERVICING AGREEMENT, dated as of January 31, 2007 (this
“Amendment”), is entered into among TRM Inventory
Funding Trust (“Borrower”), TRM ATM Corporation,
in its individual capacity (“TRM ATM”) and as Servicer (in such capacity, “Servicer”), Autobahn
Funding Company LLC (“Lender”), DZ Bank AG Deutsche Zentral-Genossenschaftsbank, as Administrative
Agent (in such capacity, “Administrative Agent”) and as Liquidity Agent (in such capacity
“Liquidity Agent”), and U.S. Bank National Association, as Collateral Agent (“Collateral Agent”).
RECITALS
A. Borrower,
TRM ATM, Servicer, Lender, Administrative Agent, Liquidity Agent and Collateral
Agent are each a party to that certain Loan and Servicing Agreement,
dated as of March 17, 2000 (as
amended, the “Agreement”); and
B. The
parties to the Agreement desire to amend the Agreement as hereinafter set forth.
AGREEMENT
1.
Certain Defined Terms. Capitalized terms used but not defined herein shall have
the meanings ascribed thereto in the Agreement.
2.
Amendments to Agreement. Effective as of Effective Date (as defined in Section 3
below), the Agreement shall be amended as follows:
2.1
Appendix A to the Agreement is hereby amended to extend the “Maturity
Date” to April 23, 2012.
2.2 Effective April 23, 2007, the Facility Limit is reduced
to $100,000,000.
2.3
Section 2.06 to the Agreement is hereby deleted in its entirety.
3. Conditions
to Effectiveness. This Amendment shall become effective as of the date
first written above (the “Effective Date”) when the
Administrative Agent shall have received
counterparts of this Amendment, duly executed by all parties hereto.
4. Representations
and Warranties. Each of the Borrower, TRM ATM and Servicer
represents and warrants to the other parties hereto that
(a) each of the representations and
warranties of such Person set forth in the Agreement is true and correct as of the date of
the execution and delivery of this Amendment by such Person, with the
same effect as if made on such
date, (b) the execution and delivery by such Person of this
Amendment and the performance by such
Person of its obligations under the Agreement, as amended hereby (as
so amended, the “Amended
Agreement”), (i) are within the powers of such Person,
(ii) have been duly authorized by all
necessary action on the part of such Person, (iii) have received all necessary governmental
approval and (iv) do not and will not contravene or conflict with (A) any provision of law or the
certificate of incorporation or by-laws or other organizational documents of such Person or (B)
any agreement, judgment, injunction, order, decree or other instrument binding on such Person and
(c) the Amended Agreement is the legal, valid and binding obligation of such Person enforceable
against such Person in accordance with its terms.
5.
Effect of Amendment. Except as expressly amended and modified by this Amendment, all
provisions of the Agreement shall remain in full force and effect.
After this Amendment becomes
effective, all references in the Agreement to “this
Agreement,” “hereof, “herein” or words of
similar effect referring to the Agreement shall be deemed to be
references to the Agreement as
amended by this Amendment. This Amendment shall not be deemed to expressly or impliedly waive,
amend or supplement any provision of the Agreement other than as set forth herein.
6.
Counterparts. This Amendment may be executed in any number of counterparts and by
different parties on separate counterparts, and each counterpart
shall be deemed to be an original,
and all such counterparts shall together constitute but one and the
same instrument.
7.
Governing Law. This Amendment shall be governed by, and construed in accordance
with, the law of the State of New York without regard to any
otherwise applicable principles of
conflict of laws.
8.
Section Headings. The various headings of this Amendment are inserted for
convenience only and shall not affect the meaning or interpretation
of this Amendment, the Agreement
or any provision hereof or thereof.
2
IN WITNESS WHEREOF, the parties have caused this Amendment to he executed by their
respective officers thereunto duly authorized, as of the date first above written.
TRM INVENTORY FUNDING TRUST |
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By: | Wilmington
Trust Company, not in its individual capacity, but
solely as Owner Trustee |
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By: | /s/ Xxxxxxx X. Xxxxx, Xx. | |||
Name: | Xxxxxxx X. Xxxxx, Xx. | |||
Title: | Senior Financial Services Officer | |||
TRM ATM CORPORATION |
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By: | /s/ Xxxxxx X. X’Xxxxx | |||
Name: | Xxxxxx X. X’Xxxxx | |||
Title: | Chief Financial Officer | |||
AUTOBAHN FUNDING COMPANY LLC |
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By: | DZ Bank AG, Deutsche Zentral Genossenschaftsbank Frankfurt am Main, as its attorney- in- fact |
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By: | /s/ Xxxxxx Xxxxxx | |||
Name: | Xxxxxx Xxxxxx | |||
Title: | First Vice President | |||
By: | /s/ Xxxxxxxxx Xxxxxxxxx | |||
Name: | Xxxxxxxxx Xxxxxxxxx | |||
Title: | Assistant Vice President | |||
DZ BANK AG, DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK
FRANKFURT AM MAIN, as Administrative Agent and
Liquidity Agent |
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By: | /s/ Xxxxxx Xxxxxx | |||
Name: | Xxxxxx Xxxxxx | |||
Title: | First Vice President | |||
By: | /s/ Xxxxxxxxx Xxxxxxxxx | |||
Name: | Xxxxxxxxx Xxxxxxxxx | |||
Title: | Assistant Vice President |
U.S. BANK NATIONAL ASSOCIATION |
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By: | /s/ Xxxx Xxxxxxxxx | |||
Name: | Xxxx Xxxxxxxxx | |||
Title: | Assistant Vice President | |||