SECOND AMENDMENT TO PARENT GUARANTYExisting Guaranty Agreement • December 17th, 2013 • PHH Corp • Miscellaneous business credit institution • New York
SECOND AMENDMENT, dated as of December 12, 2013 (this “Amendment”), to the Parent Guaranty, dated as of September 25, 2012, as amended by First Amendment, dated as of July 31, 2013 (the “Existing Guaranty Agreement”; as amended by this Amendment, the “Guaranty Agreement”), made by PHH Corporation, a Maryland corporation (the “Parent”), in favor of The Bank of Nova Scotia, in its capacity as administrative agent (in such capacity, the “Administrative Agent”) under the Credit Agreement, dated as of September 25, 2012 among PHH Vehicle Management Services Inc., the Persons from time to time parties thereto as guarantors, the Persons from time to time parties thereto as lenders, and the Administrative Agent, for and on behalf of and for the benefit of itself and the other Secured Parties.
