Driver UK Master S.A.,Intertrust Trustees GMBH • November 21st, 2023 • England
Private & Confidential Execution CopyIntertrust Trustees GMBH • May 5th, 2024 • England
Contents Clause Page 1. Definitions and interpretation 1 2. Agreement for sale and purchase 2 3. Sale of the Initial Receivables 3 4. Sales of Additional Receivables 3 5. Consideration 4 6. Completion 5 7. Trust 5 8. Data Protection 5 9. Warranties and Representations 6 10. Repurchase 11 11. Payment for non-existent Receivables 13 12. Clean-Up Call Option 13 13. Notification 14 14. Prepayments of Purchased Receivables 15 15. Late Payment/Indemnity 15 16. Changes to underwriting standards 16 17. Power of Attorney 16 18. Continuation of obligations 16 19. Assignment and subcontracting 16 20. Value Added Tax 17 21. Withholding taxes 17 22. Cash Collateral Account 18 23. Netting 18 24. Effective Date 19 25. Further assurance 19 26. Entire Agreement 19 27. Remedies and Waivers 19 28. Amendments 19 29. Partial Invalidity 20 30. Notices 20 31. Counterparts 21 32. The Security Trustee as a Party 21 33. Non-petition and limited recourse 21 34. Obligations as Corporate Obligations 22 36. T
