Representations and Warranties Covenants Termination Events. Section 2.1 Representations and Warranties; Covenants 25 Section 2.2 Termination Events 25 ARTICLE III INDEMNIFICATION
Representations and Warranties Covenants Termination Events. Section 2.1. Representations and Warranties; Covenants.........................9 Section 2.2.
Representations and Warranties Covenants Termination Events. 17 Section 2.1 Representations and Warranties; Covenants 17 Section 2.2 Termination Events 17 ARTICLE III INDEMNIFICATION 17 Section 3.1 Indemnities by the Seller 17 Section 3.2 Indemnities by the Servicer 19 ARTICLE IV ADMINISTRATION AND COLLECTIONS 19 Section 4.1 Appointment of the Servicer 19 Section 4.2 Duties of the Servicer 21 Section 4.3 Lock-Box Account Arrangements 22 Section 4.4 Enforcement Rights 23 Section 4.5 Responsibilities of the Seller 23 Section 4.6 Servicing Fee 24 ARTICLE V THE AGENTS 24 Section 5.1 Appointment and Authorization 24 Section 5.2 Delegation of Duties 25 Section 5.3 Exculpatory Provisions 25 Section 5.4 Reliance by Agents 25 TABLE OF CONTENTS (continued) Page Section 5.5 Notice of Termination Events 26 Section 5.6 Non-Reliance on Administrator, Purchaser Agents and Other Purchasers 27 Section 5.7 Administrators and Affiliates 27 Section 5.8 Indemnification 27 Section 5.9 Successor Administrator 28 ARTICLE VI MISCELLANEOUS 28 Section 6.1 Amendments, Etc 28 Section 6.2 Notices, Etc 28 Section 6.3 Successors and Assigns; Participations; Assignments 29 Section 6.4 Costs, Expenses and Taxes 31 Section 6.5 No Proceedings; Limitation on Payments 31 Section 6.6 GOVERNING LAW AND JURISDICTION 32 Section 6.7 Confidentiality 32 Section 6.8 Execution in Counterparts 33 Section 6.9 Survival of Termination 33 Section 6.10 WAIVER OF JURY TRIAL 33 Section 6.11 Sharing of Recoveries 34 Section 6.12 Right of Setoff 34 Section 6.13 Entire Agreement 34 Section 6.14 Headings 34 Section 6.15 Purchaser Groups’ Liabilities 34 Section 6.16 Certain Tax Matters 34 Section 6.17 USA Patriot Act 35 Section 6.18 Amendment and Restatement 35 Section 6.19 Ratification 35 EXHIBIT I Definitions EXHIBIT II Conditions of Purchases EXHIBIT III Representations and Warranties EXHIBIT IV Covenants EXHIBIT V Termination Events SCHEDULE I Credit and Collection Policy SCHEDULE II Lock-Box Banks and Lock-Box Accounts SCHEDULE III Trade Names SCHEDULE IV Actions and Proceedings ANNEX A Form of Information Package ANNEX B Form of Purchase Notice ANNEX C Form of Assumption Agreement ANNEX D Form of Transfer Supplement ANNEX E Form of Paydown Notice ANNEX F Form of Weekly Report This SECOND AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) is entered into as of February 2, 2015 among PRESIDIO CAPITAL FUNDING LLC, a Delaware limited liability company, as seller (the “Seller”), ...
Representations and Warranties Covenants Termination Events. Section 2.1. Representations and Warranties; Covenants 12 Section 2.2. Termination Events 12 ARTICLE III. INDEMNIFICATION Section 3.1. Indemnities by the Seller 13 Section 3.2. Indemnities by the Servicer 14
Representations and Warranties Covenants Termination Events. 13 Section 2.1. Representations and Warranties; Covenants ..........................….. 13 Section 2.2. Termination Events ...................................................................... 13 ARTICLE III. INDEMNIFICATION............................................................................... 13 Section 3.1. Indemnities by the Seller .........................................................… 13 Section 3.2. Indemnities by AFC ..................................................................... 16 Section 3.3. Indemnities by Successor Servicer .............................................. 17
Representations and Warranties Covenants Termination Events. Section 2.1. Representations and Warranties; Covenants . . . . . . . . . . . . . . . . . . . . . . . 11 Section 2.2.
Representations and Warranties Covenants Termination Events. Section 2.1 Representations and Warranties; Covenants..........................29 Section 2.2 Termination Events................................................................29 ARTICLE III INDEMNIFICATION Section 3.1 Indemnities by the Seller.......................................................29 Section 3.2 Indemnities by the Servicer...................................................31 ARTICLE IV ADMINISTRATION AND COLLECTIONS Section 4.1 Appointment of the Servicer.................................................32 Section 4.2 Duties of the Servicer............................................................32 Section 4.3 Collection Account Arrangements........................................33 Section 4.4 Enforcement Rights...............................................................34 Section 4.5 Responsibilities of the Seller.................................................36 Section 4.6 Servicing Fee.........................................................................36 Section 4.7 Excluded Obligors.................................................................36 ARTICLE V THE AGENTS Section 5.1 Appointment and Authorization.................................................39 Section 5.3 Exculpatory Provisions...............................................................39 Section 5.4 Reliance by Agents.....................................................................39 Section 5.5 Notice of Termination Events....................................................40 Section 5.6 Non-Reliance on Administrator, Purchaser Agents and Other Purchasers.........................................................................40 Section 5.7 Administrators and Affiliates.......................................................41 Section 5.8 Indemnification............................................................................41 Section 5.9 Successor Administrator..............................................................41 Section 5.10 Erroneous Payments....................................................................42
Representations and Warranties Covenants Termination Events. Section 2.1 Representations and Warranties; Covenants 32 Section 2.2 Termination Events 32 TABLE OF CONTENTS (continued) Page ARTICLE III INDEMNIFICATION Section 3.1 Indemnities by the Seller 32 Section 3.2 Indemnities by the Servicer 34 ARTICLE IV ADMINISTRATION AND COLLECTIONS Section 4.1 Appointment of the Servicer 35 Section 4.2 Duties of the Servicer 36 Section 4.3 Lock-Box Account Arrangements 37 Section 4.4 Enforcement Rights 37 Section 4.5 Responsibilities of the Seller 38 Section 4.6 Servicing Fee 38 ARTICLE V THE AGENTS Section 5.1 Appointment and Authorization 39 Section 5.2 Delegation of Duties 40 Section 5.3 Exculpatory Provisions 40 Section 5.4 Reliance by Agents 40 Section 5.5 Notice of Termination Events 41 Section 5.6 Non-Reliance on Administrator, Purchaser Agents and Other Purchasers 41 Section 5.7 Administrator, Purchasers, Purchaser Agents and Affiliates 42 Section 5.8 Indemnification 42 Section 5.9 Successor Administrator 43
Representations and Warranties Covenants Termination Events. 14 Section 2.1. Representations and Warranties; Covenants 14 Section 2.2. Termination Events 14 ARTICLE III. INDEMNIFICATION 14 Section 3.1. Indemnities by the Seller 14 Section 3.2. Indemnities by the Servicer 15 ARTICLE IV. ADMINISTRATION AND COLLECTIONS 17 Section 4.1. Appointment of the Servicer 17 Section 4.2. Duties of the Servicer 18 Section 4.3. Lock-Box Account Arrangements 19 Section 4.4. Enforcement Rights 19 Section 4.5. Responsibilities of the Seller 20 Section 4.6. Servicing Fee 20
Representations and Warranties Covenants Termination Events. 19 Section 2.1 Representations and Warranties; Covenants 19 Section 2.2 Termination Events 19 Section 2.3 Tax Treatment 20 ARTICLE III. INDEMNIFICATION 20
