PURCHASE AND SALE AGREEMENT Dated as of July 31, 2006 betweenPurchase and Sale Agreement • August 4th, 2006 • Hunt J B Transport Services Inc • Trucking (no local) • New York
This Purchase and Sale Agreement dated as of July 31, 2006 (this “Agreement”) is between J.B. Hunt Transport, Inc., a Georgia corporation (“Originator”), and JBH Receivables LLC, a Delaware limited liability company (“Buyer”). The parties agree as follows:
Subordinated NoteSubordinated Note • August 4th, 2006 • Hunt J B Transport Services Inc • Trucking (no local)
For Value Received, the undersigned, JBH Receivables LLC, a Delaware limited liability company (the “Buyer”), promises to pay to J.B. Hunt Transport, Inc. (“Transport”), a Georgia corporation (the “Originator”), on the terms and subject to the conditions set forth herein and in the Purchase Agreement referred to below, the principal sum of the aggregate unpaid purchase price of all Receivables purchased from time to time by the Buyer from the Originator pursuant to such Purchase Agreement, as such unpaid purchase price is shown in the records of the Originator.
Limited GuarantyLimited Guaranty • August 4th, 2006 • Hunt J B Transport Services Inc • Trucking (no local) • New York
THIS LIMITED GUARANTY is made as of July 31, 2006 (the “Guaranty”), and is given by J.B. Hunt Transport Services, Inc., a corporation duly organized pursuant to the laws of Arkansas, having its head office at 615 J.B. Hunt Corporation Drive, Lowell, Arkansas, 72745 (the “Guarantor”) in favor of ABN AMRO Bank N.V., as Agent (the “Beneficiary”) for the benefit of the Committed Purchasers (as defined below) and Windmill (as defined below).
RECEIVABLES SALE AGREEMENT DATED AS OF JULY 31, 2006 AMONG JBH RECEIVABLES LLC, AS THE SELLER, J.B. HUNT TRANSPORT, INC., AS THE INITIAL COLLECTION AGENT, ABN AMRO BANK N.V., AS THE AGENT, THE COMMITTED PURCHASERS FROM TIME TO TIME PARTY HERETO, AND...Receivables Sale Agreement • August 4th, 2006 • Hunt J B Transport Services Inc • Trucking (no local) • New York
RECEIVABLES SALE AGREEMENT, dated as of July 31, 2006, among JBH Receivables LLC, a Delaware limited liability company, as Seller (the “Seller”), J.B. Hunt Transport, Inc., a Georgia corporation, as initial Collection Agent (the “Initial Collection Agent,” and, together with any successor thereto, the “Collection Agent”), ABN AMRO Bank N.V., as agent for the Purchasers (the “Agent”), the committed purchasers party hereto (the “Committed Purchasers”), and Windmill Funding Corporation (the “Conduit”). Certain capitalized terms used herein, and certain rules of construction, are defined in Schedule I. The Committed Purchasers and the Commitments of the Committed Purchasers are listed on Schedule II.
