RECEIVABLES PURCHASE AGREEMENT dated as of December 31, 2008 among AILIC RECEIVABLES CORPORATION, as Seller, AMERICAN INCOME LIFE INSURANCE COMPANY, as Servicer, TMK Re, Ltd, as PurchaserReceivables Purchase Agreement • January 6th, 2009 • Torchmark Corp • Life insurance • Delaware
This Receivables Purchase Agreement dated as of December 31, 2008 is among AILIC RECEIVABLES CORPORATION, a Delaware corporation (“Seller”), AMERICAN INCOME LIFE INSURANCE COMPANY, an insurance company organized under the laws of Indiana (“AIL”), as the initial Servicer (the Servicer together with the Seller, the “Seller Parties” and each a “Seller Party”), and TMK Re Ltd., a Bermuda reinsurance corporation (“Purchaser”). Unless defined elsewhere herein, capitalized terms used in this Agreement shall have the meanings assigned to such terms in Exhibit I.
