AMENDMENT NO. 7 TO RECEIVABLES SALE AGREEMENTReceivables Sale Agreement • February 24th, 2011 • CMS Energy Corp • Electric & other services combined • New York
THIS AMENDMENT NO. 7 TO RECEIVABLES SALE AGREEMENT (this “Amendment”) dated as of November 23, 2010, is entered into among CONSUMERS RECEIVABLES FUNDING II, LLC (“Buyer”) and CONSUMERS ENERGY COMPANY (“Originator”). Capitalized terms used herein without definition shall have the meanings ascribed thereto in the “Receivables Sale Agreement” referred to below.
AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT dated as of November 23, 2010 Among CONSUMERS RECEIVABLES FUNDING II, LLC, as Seller, CONSUMERS ENERGY COMPANY, as Servicer, THE CONDUITS from time to time party hereto, THE FINANCIAL INSTITUTIONS...Receivables Purchase Agreement • February 24th, 2011 • CMS Energy Corp • Electric & other services combined • New York
Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the Business Day immediately preceding the Amortization Date shall remain constant at all times thereafter.
