AMENDMENT NO. 4 TO RECEIVABLES PURCHASE AND CONTRIBUTION AGREEMENT
Contribution Agreement
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Bank of New York | CDF Funding, Inc | GE Dealer Floorplan Master Note Trust,
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Title: AMENDMENT NO. 4 TO RECEIVABLES PURCHASE AND CONTRIBUTION AGREEMENT Governing Law: New York Date: 5/31/2007
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Exhibit
4.2
AMENDMENT NO. 4
TO
RECEIVABLES PURCHASE
AND CONTRIBUTION AGREEMENT
THIS AMENDMENT NO. 4
TO RECEIVABLES PURCHASE AND CONTRIBUTION AGREEMENT, dated as of May
31, 2007 (this ‘‘ Amendment
’’), is
between CDF Funding, Inc., a Delaware corporation, as seller (the
‘‘ Seller
’’), and
GE Dealer Floorplan Master Note Trust, a statutory trust organized
under the laws of the State of Delaware, as buyer (the
‘‘ Buyer
’’).
BACKGROUND
The parties hereto
are parties to a receivables purchase and contribution agreement,
dated as of August 12, 2004 (as amended, modified or supplemented,
the ‘‘ Receivables
Purchase and Contribution Agreement ’’) between the
Seller and the Buyer; and
the parties hereto
desire to amend the Receivables Purchase and Contribution Agreement
as set forth herein.
NOW, THEREFORE, in
consideration of the foregoing and other good and valuable
consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as
follows:
SECTION 1.
Definitions
. Capitalized
terms defined in the Receivables Purchase and Contribution
Agreement and used but not otherwise defined herein have the
meanings given to them in the Receivables Purchase and Contribution
Agreement.
SECTION 2.
RAC
Accounts . Section
1 of the Receivables Purchase and Contribution Agreement is hereby
amended by adding the following definition thereto in appropriate
alphabetical order:
‘‘ ‘‘
RAC
Accounts ’’ means Additional
Accounts as to which the Rating Agency Condition has been satisfied
in connection with the designation of such Accounts as Additional
Accounts.’’
SECTION 3.
Subsection
2.6(a) . Subsection
2.6(a)(i) of the Receivables Purchase and Contribution Agreement is
hereby amended to read in its entirety as follows:
‘‘(a)
Additional
Accounts . (i) From
time to time, Seller may designate additional Eligible Accounts
(‘‘ Additional
Accounts ’’) to be included as
Accounts, so long as the following limits are not
exceeded: