FIRST AMENDMENT TO MASTER REPURCHASE AGREEMENT BETWEEN EACH INVESTMENT COMPANY IDENTIFIED ON SCHEDULE VII.A OF THE MASTER REPURCHASE AGREEMENT DATED AS OF JANUARY 1, 2008 AND STATE STREET CORPORATION/ STATE STREET BANK AND TRUST COMPANY
Exhibit (h)(26)
FIRST AMENDMENT TO
BETWEEN EACH INVESTMENT COMPANY IDENTIFIED
ON SCHEDULE VII.A OF THE
DATED AS OF JANUARY 1, 2008 AND
STATE STREET CORPORATION/
STATE STREET BANK AND TRUST COMPANY
This Amendment (this “Amendment”) dated as of November 25th 2014 is between each investment company identified on Schedule VII.A to the Master Repurchase Agreement dated as of January 1, 2008 (the “Funds”) and State Street Corporation and State Street Bank and Trust Company (collectively referred to as “State Street”), as in effect on the date hereof prior to giving effect to this Amendment (the “Master Repurchase Agreement”). The Funds would like to amend the Master Repurchase Agreement as set forth herein.
For value received, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties mutually agree to amend the Master Repurchase Agreement in the following respect:
| 1. | Definitions. All terms used herein and not otherwise defined shall have the meanings set forth in the Master Repurchase Agreement. |
| 2. | Amendments. The Master Repurchase Agreement is hereby amended as follows: Annex I (Supplemental Terms and Conditions) of the Master Repurchase Agreement is amended by inserting the following as a new Section 13: |
“13. Purchased Securities and Additional Purchased Securities. For purposes of this Agreement, for any Transaction in which an entity listed on Schedule VII.A hereto is acting as Buyer, “Purchased Securities” and “Additional Purchased Securities” shall consist only of those securities designated by the parties as Eligible Securities on Schedule I.A hereto, as may be amended from time to time.”
| 3. | Miscellaneous. Except to the extent specifically amended by this Amendment, the provisions of the Master Repurchase Agreement shall remain unmodified, and the Master Repurchase Agreement is ratified and affirmed as being in full force and effect. This Amendment, the Master Repurchase Agreement and the other documents and certificates referred to in the Master Repurchase Agreement constitute the entire understanding of the parties with respect to the subject matter thereof and supersede all prior and current understandings and agreements, whether written or oral. This Amendment shall be construed in accordance the laws of the State of New York. |
| 4. | Effective Date. This Amendment shall be effective as of the date first written above. |
IN WITNESS WHEREOF, the parties hereto execute this Amendment as an instrument under seal by their duly authorized officers by affixing their signatures below.
| STATE STREET CORPORATION/ STATE STREET BANK AND TRUST COMPANY |
MASSMUTUAL SELECT FUNDS | |||
|
By: /s/ Xxxxxx Xxxxxxxx |
By: /s/ Xxxxxxxx Xxxxxxxxx | |||
|
Title: Senior Vice President |
Title: CFO and Treasurer | |||
|
Date: December 10, 2014 |
Date: 11/25/14 | |||
| MASSMUTUAL PREMIER FUNDS | MML SERIES INVESTMENT FUND | |||
| By: /s/ Xxxxxxxx Xxxxxxxxx | By: /s/ Xxxxxxxx Xxxxxxxxx | |||
| Title: CFO and Treasurer | Title: CFO and Treasurer | |||
| Date: 11/25/14 | Date: 11/25/14 | |||
| MML SERIES INVESTMENT FUND II | ||||
| By: /s/ Xxxxxxxx Xxxxxxxxx | ||||
| Title: CFO and Treasurer |
||||
| Date: 11/25/14 | ||||
SCHEDULE I.A to the Master Repurchase Agreement (“MRA”) dated as of January 1, 2008 between each investment company identified on Schedule VII.A of the MRA acting on behalf of its respective series or portfolios, or in the case of those investment companies for which no separate series or portfolios are identified on such Schedule VII.A, acting for and on behalf of itself
SCHEDULE OF ELIGIBLE SECURITIES
| Yes/No | Margin | Yes/No | Margin | Yes/No | Margin | |||||||||||||
| US Treasuries | GNMA | Private Label MBS & CMOs | ||||||||||||||||
| BILLS | Yes | 102 | Trust Receipts | No | MBS Pass Throughs | No | ||||||||||||
| BONDS | Yes | 102 | GNMA I/II - Single Family | Yes | 102 | CMO Types: | ||||||||||||
| NOTES | Yes | 102 | GNMA I/II - Others-Fixed Rate | No | Residuals |
No | ||||||||||||
| STRIPS | Yes | 102 | GNMA I/II - Others-Adjust. Rate | Yes | 102 | Inverse IO Floaters |
No | |||||||||||
| SYNTHETIC TREASURIES | Yes | 102 | IOetts |
No | ||||||||||||||
| (e.g. CATS, COUGRS, TIGRS) |
Agency* Mortgage Backs | Interest Only (IO) |
No | |||||||||||||||
| Trust Receipts | No | Principal Only (PO) |
No | |||||||||||||||
| Agency Debentures | Pass Throughs-Fixed Rate | Yes | 102 | Inverse Floaters |
No | |||||||||||||
| FAMC (Fed Agriculture Mtge Corp) | No | Pass Throughs -Adjust. Rate | Yes | 102 | Companion Floaters |
No | ||||||||||||
| FCFAC (Farm Credit Xxxxx. Asst.) | No | MBS Strips (IO, PO, Recomb) | No | Sequential Floaters |
No | |||||||||||||
| FFCB (Farm Credit System Banks) | Yes | 102 | PAC & Other Sequential Floaters |
No | ||||||||||||||
| FmHA (Farmers Home Admin.) | No | Agency* REMICS/CMOs | Z Bonds |
No | ||||||||||||||
| FHLB (Federal Home Loan Banks) | Yes | 102 | REMIC Types: | Companion Bonds |
No | |||||||||||||
| FHLMC (Federal Home Loan Mtge) | Yes | 102 | Residuals |
No | Sequential Bonds |
No | ||||||||||||
| FICO (Financing Corporation) | Yes | 102 | Inverse IO Floaters |
No | TAC Bonds |
No | ||||||||||||
| FLBB (Federal Land Bank Bonds) | No | IOetts |
No | PAC & Other Scheduled Bonds |
No | |||||||||||||
| FNMA (Federal Nat’l Mtge Corp) | Yes | 102 | Interest Only (IO) |
No | ||||||||||||||
| REFCO (Resolution Funding Corp) | No | Principal Only (PO) |
No | Asset Backed Securities | ||||||||||||||
| SLMA (Student Loan Mtge Corp) | Yes | 102 | Inverse Floaters |
No | Credit Card & Other Asset Backs | No | ||||||||||||
| TVA (Tennessee Valley Authority) | No | Companion Floaters |
No | |||||||||||||||
| USPS (United States Postal Service) | No | Sequential Floaters |
Yes | 102 | Corporates | |||||||||||||
| AGENCY STRUCTURED NOTES | No | PAC & Other Sequential Floaters |
Yes | 102 | Investment Grade (>BBB-) | No | ||||||||||||
| Z Bonds |
No | Non-Investment Grade (<BB+) | No | |||||||||||||||
| International Agencies | Companion Bonds |
No | Medium-Term Note (>BBB-) | No | ||||||||||||||
| ADBB (Asian Development Bank) | No | Sequential Bonds |
Yes | 102 | Medium Term Note (<BB+) | No | ||||||||||||
| AFDB (African Development Bank) | No | TAC Bonds |
Yes | 102 | ||||||||||||||
| IADB (Inter-American Dev. Bank) | No | PAC & Other Scheduled Bonds |
Yes | 102 | Money Markets | |||||||||||||
| IFCO (International Finance Corp) | No | Commercial Paper (>A1/P1) | No | |||||||||||||||
| WLDB (World Bank) | No | Equities | Commercial Paper (<A2/P2) | No | ||||||||||||||
| Common | No | Bankers Acceptance | No | |||||||||||||||
| Cash | Yes | 100 | Preferred | No | CD (Domestic & Euro) | No | ||||||||||||
| Bank Notes | No | |||||||||||||||||
| *Agency refers to GNMA, FNMA and FHLMC | ||||||||||||||||||
| Institution: | Each Investment Company identified on Schedule VII.A to the Master Repurchase Agreement, as amended from time to time |
Institution: | Xxxxx Xxxxxx Xxxxxxxxxxx xxx/xx Xxxxx Xxxxxx Xxxx and Trust Company |
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| Signature of Authorized Xxxxxx: | /s/ Xxxxxxxx Xxxxxxxxx | Signature of Authorized Xxxxxx: |
/s/ Xxxxxx Xxxxxxxx |
|||||||||||||||
| Date: | 11/25/2014 | Date: | December 10, 2014 | |||||||||||||||
