Common Contracts

Contract

Purchase and Sale Agreement • May 5th, 2020 • New York

• Contract Type
  Purchase and Sale Agreement
• Filed
  May 5th, 2020
• Jurisdiction
  New York

<DOCUMENT> <TYPE>EX-99.3 <SEQUENCE>16 <FILENAME>k57625a2ex99-3.txt <DESCRIPTION>TRADE RECEIVABLES PURCHASE AND SALE AGREEMENT <TEXT> <PAGE> 1 EXHIBIT 99.3 U.S. $200,000,000 TRADE RECEIVABLES PURCHASE AND SALE AGREEMENT Dated as of February 28, 1989 As AMENDED and RESTATED as of October 1, 1991 As FURTHER AMENDED and RESTATED as of March ___, 2001 Among THE DETROIT EDISON COMPANY as Seller and CORPORATE ASSET FUNDING COMPANY, INC. and CITIBANK, N.A. and CITICORP NORTH AMERICA, INC. Individually and as Agent <PAGE> 2 TABLE OF CONTENTS Section Page ---- PRELIMINARY STATEMENTS........................................................1 ARTICLE I DEFINITIONS SECTION 1.01. Certain Defined Terms.................................1 Adverse Claim...............................................2 Affiliate...................................................2 Affiliated Obligor..........................................2 Agent's Account.............................................2 Alternate Base Rate....