MASTER AGREEMENT DATED 26 OCTOBER 2011 relating to MULTI-COUNTRY RECEIVABLES PURCHASE FACILITIES For various subsidiaries of GREAT LAKES HOLDING (EUROPE) AG provided by GE FACTOFRANCE as PurchaserMaster Agreement • October 27th, 2011 • Chemtura CORP • Plastic material, synth resin/rubber, cellulos (no glass)
Clause Page 1. Definitions and Interpretation 1 2. Facilities, Purpose and Availability Period 19 3. Conditions Precedent 21 4. Mandatory Termination 22 5. Taxes 24 6. Increased Costs 27 7. Payments 29 8. Guarantee and Indemnity 30 9. Representations and Warranties 38 10. Information Covenants 42 11. General Covenants 46 12. Default 48 13. Agency under the Receivables Purchase Agreements 51 14. Evidence and Calculations 55 15. Duration - Termination 55 16. Effective Global Rate 56 17. Fees, Italian Usury Law 56 18. Indemnities 56 19. Costs and Expenses 57 20. Amendments and Waivers 58 21. Changes to the Parties 58 22. Disclosure of Information 61 23. Set-Off 62 24. Severability 62 25. Internet 62 26. Data Protection and Disclosure of Information, Italian Transparency Rules 63 27. Notices 65 28. Demands and Notification Binding 67 29. Waivers and Exclusion of Liability 67 30. Governing Law 67 31. Enforcement 68
