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FIFTH AMENDMENT TO RECEIVABLES SALE AGREEMENT

Receivables Purchase Transfer Agreement

FIFTH AMENDMENT TO RECEIVABLES SALE AGREEMENT | Document Parties: ABN AMRO Bank N.V., | Swift Receivables Corporation You are currently viewing:
This Receivables Purchase Transfer Agreement involves

ABN AMRO Bank N.V., | Swift Receivables Corporation

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Title: FIFTH AMENDMENT TO RECEIVABLES SALE AGREEMENT
Governing Law: Illinois     Date: 3/15/2004
Industry: Trucking     Sector: Transportation

FIFTH AMENDMENT TO RECEIVABLES SALE AGREEMENT, Parties: abn amro bank n.v.  , swift receivables corporation
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                                                                  Exhibit 10.9.3

 

                  FIFTH AMENDMENT TO RECEIVABLES SALE AGREEMENT

 

THIS FIFTH AMENDMENT (the "Amendment"), dated as of December 24, 2003, is

entered into among Swift Receivables Corporation (the "Seller"), Swift

Transportation Corporation (the "Collection Agent"), Amsterdam Funding

Corporation, a Delaware corporation ("Amsterdam"), ABN AMRO Bank N.V., as

Amsterdam's program letter of credit provider (the "Enhancer"), the Liquidity

Provider listed on the signature page hereof (the "Liquidity Provider") and ABN

AMRO Bank N.V., as agent for Amsterdam, the Enhancer and the Liquidity Provider

(the "Agent");

 

                                   WITNESSETH:

 

WHEREAS, the Seller, Collection Agent, Amsterdam, Enhancer, Liquidity Provider

and Agent have heretofore executed and delivered a Receivables Sale Agreement

dated as of December 30, 1999 (as amended, supplemented or otherwise modified

through the date hereof, the "Sale Agreement"); and

 

WHEREAS, the parties hereto desire to amend the Sale Agreement as provided

herein;

 

NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of

which are hereby acknowledged, the parties hereto hereby agree that the Sale

Agreement shall be and is hereby amended as follows:

 

      Section 1. The defined term "Liquidity Termination Date" appearing in

      Schedule I to the Sale Agreement is hereby amended by deleting the date

      "December 24, 2003" appearing in clause (d) thereof and inserting in its

      place the date "December 22, 2004.

 

      Section 2. The defined term "Termination Date" appearing in Schedule I to

      the Sale Agreement is hereby amended by deleting the date "December 24,

      2003" appearing in clause (c)(ii) thereof and inserting in its place the

      date "December 22, 2004".

 

      Section 3. This Amendment shall become effective once the Agent has

      received (i) counterparts hereof executed by the Seller, Collection Agent,

      each Purchaser and the Agent and (ii) the acknowledgment and consent in

      the form set forth below duly executed and delivered by Swift

      Transportation Co., Inc.

 

      Section 4. To induce the Agent and the Purchasers to enter into this

      Amendment, the Seller and Collection Agent represent and warrant to the

      Agent and the Purchasers that: (a) the representations and warranties

      contained in the Transaction Documents, are true and correct in all

      material respects as of the date hereof with the same effect as though

      made on the date hereof (it being understood and agreed that any

      representation or warranty which by its terms is made as of a specified

      date shall be required to be true and correct in all material respects

       only as of such specified date)


 
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