TERMS AGREEMENTUnderwriting Agreement • July 9th, 1998 • Partners First Credit Card Master Trust • Asset-backed securities • New York
113,000,000 Class B Series 1998-3 Floating Rate Asset Backed Securities TERMS AGREEMENTTerms Agreement • July 9th, 1998 • Partners First Credit Card Master Trust • Asset-backed securities • New York
We (the "Representative") understand that Partners First Receivables Funding, LLC, a Delaware limited liability company (the "Company"), proposes to cause $113,000,000 of Class B Series 1998-3 Floating Rate Asset Backed Securities (the "Securities") to be issued by Partners First Credit Card Master Trust. This Terms Agreement (this "Agreement") is a "Terms Agreement" within the meaning of the Underwriting Agreement dated June 22, 1998 (the "Underwriting Agreement"), among you and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representative, which is hereby incorporated by reference herein. Subject to the terms and conditions set forth herein or incorporated by reference herein, the Underwriters named below (the "Underwriters") offer to purchase, severally and not jointly, the Securities.
PARTNERS FIRST RECEIVABLES FUNDING, LLC (Transferor) PARTNERS FIRST HOLDINGS, LLC (Servicer)Underwriting Agreement • July 9th, 1998 • Partners First Credit Card Master Trust • Asset-backed securities • New York
PARTNERS FIRST RECEIVABLES FUNDING, LLC Transferor, PARTNERS FIRST HOLDINGS, LLC Servicer, and THE BANK OF NEW YORK Trustee PARTNERS FIRST CREDIT CARD MASTER TRUST AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of June 26, 1998 amending...Pooling and Servicing Agreement • July 9th, 1998 • Partners First Credit Card Master Trust • Asset-backed securities • Delaware
SERIES 1998-3 SUPPLEMENT Dated as of June 26, 1998 to AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of June 26, 1998 $750,000,000 among PARTNERS FIRST RECEIVABLES FUNDING, LLC Transferor PARTNERS FIRST HOLDINGS, LLC Servicer and THE...Pooling and Servicing Agreement • July 9th, 1998 • Partners First Credit Card Master Trust • Asset-backed securities • Delaware
TABLE OF CONTENTS Page ARTICLE I DEFINITIONS Section 1.1. Definitions . . . . . . . . . . . . . . . . . . . 1 Section 1.2. Other Definitional Provisions . . . . . . . . . . 5 ARTICLE II PURCHASE AND CONVEYANCE OF RECEIVABLES Section 2.1. Purchase . ....Receivables Purchase Agreement • July 9th, 1998 • Partners First Credit Card Master Trust • Asset-backed securities • Delaware
