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SIXTH AMENDMENT TO RECEIVABLES PURCHASE AGREEMENT

Receivables Purchase Transfer Agreement

SIXTH AMENDMENT TO RECEIVABLES PURCHASE AGREEMENT | Document Parties: Berwick Industries LLC | BERWICK OFFRAY LLC | CLEO INC | CSS FUNDING LLC | CSS INDUSTRIES, INC | LION RIBBON COMPANY, INC | Market Street Funding Corporation | MARKET STREET FUNDING LLC | PAPER MAGIC GROUP, INC | PNC BANK, NATIONAL ASSOCIATION You are currently viewing:
This Receivables Purchase Transfer Agreement involves

Berwick Industries LLC | BERWICK OFFRAY LLC | CLEO INC | CSS FUNDING LLC | CSS INDUSTRIES, INC | LION RIBBON COMPANY, INC | Market Street Funding Corporation | MARKET STREET FUNDING LLC | PAPER MAGIC GROUP, INC | PNC BANK, NATIONAL ASSOCIATION

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Title: SIXTH AMENDMENT TO RECEIVABLES PURCHASE AGREEMENT
Governing Law: New York     Date: 2/5/2009
Industry: Printing and Publishing     Sector: Services

SIXTH AMENDMENT TO RECEIVABLES PURCHASE AGREEMENT, Parties: berwick industries llc , berwick offray llc , cleo inc , css funding llc , css industries  inc , lion ribbon company  inc , market street funding corporation , market street funding llc , paper magic group  inc , pnc bank  national association
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EXECUTION COPY

Exhibit 10.2

SIXTH AMENDMENT TO RECEIVABLES PURCHASE AGREEMENT

This SIXTH AMENDMENT (this “ Amendment ”), dated as of November 21, 2008, is among CSS FUNDING LLC, a Delaware limited liability company, as seller (the “ Seller ”), CSS INDUSTRIES, INC., a Delaware corporation (“ CSS ”), as initial servicer (in such capacity, together with its successors and permitted assigns in such capacity, the “ Servicer ”), the Sub-Servicers party hereto, MARKET STREET FUNDING LLC (f/k/a Market Street Funding Corporation), a Delaware limited liability company (together with its successors and permitted assigns, the “ Issuer ”), and PNC BANK, NATIONAL ASSOCIATION, a national banking association (“ PNC ”), as administrator (in such capacity, together with its successors and assigns in such capacity, the “ Administrator ”).

RECITALS

1. The Seller, the Servicer, the Issuer and the Administrator are parties to the Receivables Purchase Agreement, dated as of April 30, 2001 (as amended, supplemented or otherwise modified from time to time, the “ Agreement ”).

2. The Seller, the Servicer, the Issuer and the Administrator desire to amend the Agreement as hereinafter set forth.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

SECTION 1. Amendment to the Agreement .

1.1 The definition of “Purchase Limit” set forth in Exhibit I to the Agreement is hereby amended and restated in its entirety as follows:

“Purchase Limit” means (a) $75,000,000 for the period from July 27 of each year from 2008 through January 31 of each such following year and (b) for the period from February 1 of each year from 2009 through July 26 of each such year, $25,000,000, in each case as such amount may be reduced pursuant to Section 1.1(b) of the Agreement (it being understood that for the period from July 27, 2008 through November 20, 2008, the amount set forth in clause (a) above was $100,000,000). References to the unused portion of the Purchase Limit shall mean, at any time, the Purchase Limit minus the then outstanding Capital.

 

 


 

SECTION 2. Conditions to Effectiveness .

This Amendment shall become effective as of November 21, 2008, provided that the Facility Termination Date or a Termination Event or Unmatured Termination Event has not occurred and subject to the condition precedent that the Administrator shall have received the following, each duly executed and dated as of the date hereof (or such other date satisfactory to the Administrator), in form and


 
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