Master Collateral and Intercreditor Agreement股东及债权人协议

-13-MasterCollateralandIntercreditorAgreement股东及债权人协议核心提示：amongAAACOMPANYAMERICAS,asRevolverCollateralAgent,AAACOMPANYAMERICAS,asRevolverAdministrativeAgent,THEFACILITYREPRESENTATIVESFROMTIMETOTIMEPARTYHERETO,AAACOMPANYAMERICAS,asMasterCollateralAgentBBBCORP.,andCCCCORP.aamongAAACOMPANYAMERICAS,asRevolverCollateralAgent,AAACOMPANYAMERICAS,asRevolverAdministrativeAgent,THEFACILITYREPRESENTATIVESFROMTIMETOTIMEPARTYHERETO,AAACOMPANYAMERICAS,asMasterCollateralAgentBBBCORP.,andCCCCORP.asBorrowersandDDD,INC.,Datedasof_________(M,D,Y)MASTERCOLLATERALANDINTERCREDITORAGREEMENTMASTERCOLLATERALANDINTERCREDITORAGREEMENTdatedasof_________(M,D,Y)amongAAACOMPANYAMERICAS,a_________(STATE)bankingorganization,ascollateralagentforthelenderspartytotheCreditAgreementreferredtobelow(togetherwithitssuccessorsinsuchcapacity,theRevolverCollateralAgent),AAACOMPANYAMERICAS,asadministrativeagentforthelenderspartytotheCreditAgreementreferredtobelow(togetherwithitssuccessorsinsuchcapacity,theRevolverAdministrativeAgent),thefinancialinstitutionsfromtimetotimepartyheretoasFacilityRepresentatives(asdefinedbelow),AAACOMPANYAMERICAS,a_________bankingorganization(includinganysuccessorthereto,theMasterCollateralAgent),BBBCORP.,a_________(STATE)corporation(BBB)andCCCCORP.,a_________(STATE)corporation(togetherwithBBB,each,aBorrowerandcollectively,theBorrowers),andDDD,INC.,a_________(STATE)corporation(DDD).WITNESSETH:WHEREAS,theBorrowershavesoldandcontemplateselling,fromtimetotime,poolsofreceivablestovarioustrustswhichhaveissuedormayissuevariousseriesofnotesorcertificates(eachaSeries)whichwillberepaidfromtheproceedsof,orrepresentaninterestin,suchpoolsofreceivables;WHEREAS,theBorrowershaveenteredintoaCreditAgreement,datedasof_________(M,D,Y)(asfromtimetotimeamended,supplementedorotherwisemodified,theRevolvingCreditAgreement),withcertainfinancialinstitutionsandcommercialpaperconduitsaslendersandagents,theRevolverAdministrativeAgent,andtheRevolverCollateralAgent;WHEREAS,therevolvinglineofcredittotheBorrowersundertheCreditAgreementwillbesecuredbycertainsecuritiesofvariousSeriesratedatleastBa2byMoody’sandBBbyGGG;WHEREAS,theBorrowerswishtoprovideadditionalcollateralfortheobligationsoutstandingundertheRevolvingCreditAgreementpursuanttothetermshereof;WHEREAS,fromtimetotime,withrespecttoSeriestobeissuedinthefuture,theBorrowersintendtoenterintoagreementswithcertainpartiestoprovidecreditenhancementforsuchSeriesintheformofreinsurance,cashcollateralaccountloans,lettersofcreditorothermeans;WHEREAS,theBorrowersmaywishtoprovideadditionalcollateraltotheprovidersofsuchcreditenhancementpursuanttothetermshereof;WHEREAS,thelendersundertheRevolvingCreditAgreementandsuchcreditenhancementproviderswishtohaveparipassuinterestsinthecollateralpledgedandassignedhereundertotheextentsetforthherein;WHEREAS,theBorrowersmayfromtimetotimeissuepromissorynotessecured,onasubordinatedbasistotheextentsetforthherein,bythecollateralpledgedandassignedherein;WHEREAS,DDDoranAffiliateofDDDwillserviceeachSeries.NOW,THEREFORE,DDD,theBorrowers,theMasterCollateralAgent,theRevolverAdministrativeAgent,theotherFacilityRepresentativesandtheRevolverCollateralAgent,intendingtobelegallybound,herebyagreeasfollows:Section1Definitions.ForallpurposesofthisAgreement,thefollowingtermsshallhavethemeaningssetforthbelowandthefollowingtermswhicharedefinedintheUniformCommercialCodeineffectintheStateof_________fromtimetotimeareusedhereinassodefined:Accounts,ChattelPaper,Documents,Equipment,Goods,GeneralIntangibles,Instruments,InvestmentPropertyandProceeds.DDDhasthemeaningspecifiedinthePreamble.AccountCollateralhasthemeaningsetforthinSection3.AdverseClaimhasthemeaningsetforthinSection8102(a)(1)ofArticle8.BBBhasthemeaningspecifiedinthePreamble.AFSFTClassACertificatemeanstheClassACertificateissuedpursuanttotheAFSFTTrustAgreement.AFSFTClassACertificateCollateralhasthemeaningspecifiedinSection3.AFSFTTrustAgreementmeanstheSecondAmendedandRestatedTrustAgreement,datedasof_________(M,D,Y),betweenBBBandAAACompany_________assuccessorininteresttoBankersTrust(_________),asOwnerTrustee,asamended,supplementedorotherwisemodifiedfromtimetotime.AgreementmeansthisMasterCollateralandIntercreditorAgreement,asitmaybeamended,supplementedorotherwisemodifiedfromtimetotime.Article8meansUCC,RevisedArticle8,InvestmentSecurities(withconformingandmiscellaneousamendmentstoArticles1,3,4,5,9and10),1994OfficialText,asadoptedbytheAmericanLawInstituteandtheNationalConferenceofCommissionersonUniformStateLaws.Unlessthecontextrequiresotherwise,Article8meanssuchversionintheforminwhichitisadoptedintheapplicablejurisdiction.AvailableFundshasthemeaningspecifiedinSection6.BorrowershasthemeaningspecifiedinthePreamble.BorrowerAgreementshasthemeaningsetforthinSection4.CappedExpensesmeans,atanytime,fees,costsandexpensesdueatsuchtime(ifany)totheMasterCollateralAgenthereundernotinexcessof$7,500withrespecttoanyDistributionDate.CertificatedSecurityhasthemeaningsetforthinSection8102(a)(4)ofArticle8.ClearingCorporationhasthemeaningsetforthinSection8102(a)(5)ofArticle8.ClearingCorporationSecuritymeansaSecurity(asdefinedinSection8102(a)(15)ofArticle8)thatisinthephysicalpossessionof,orregisteredinthenameof,aClearingCorporationoritsnominee.CollateralhasthemeaningsetforthinSection3.CollateralAccounthasthemeaningsetforthinSection7.CollectionActionmeans:(a)todemand,suefor,takeorreceivefromoronbehalfoftheBorrowers(oreitherofthem)oranyguarantoroftheJuniorDebt,bysetofforinanyothermanner,thewholeoranypartofanymoneyswhichmaynoworhereafterbeowingbytheBorrowers(oreitherofthem)oranysuchguarantorwithrespecttotheJuniorDebt,provided,however,thattheJuniorCreditorsmaytakeandreceiveallpaymentspermittedtobemadepursuanttoSection6ofthisAgreement;(b)toinitiateorparticipatewithothersinanysuit,actionorproceedingagainsttheBorrowersoranysuchguarantorto(i)enforcepaymentofortocollectthewholeoranypartoftheJuniorDebtor(ii)commencejudicialenforcementofanyoftherightsandremediesunderanyoftheJuniorFacilityAgreementsorapplicablelawwithrespecttoanyoftheJuniorDebt;(c)toaccelerateanyJuniorDebt;(d)tocausetheBorrowers(oreitherofthem)oranysuchguarantortohonoranypurchase,redemptionormandatoryprepaymentobligationunderanyJuniorFacilityAgreement;or(e)totakeanyactiontorealizeuponanyofthepropertyorassetsoftheBorrowers(oreitherofthem)orsuchguarantorortoexerciseanyotherrightorremedywithrespecttothereto.Control:withrespecttoanyFederalBookEntrySecurity,theMasterCollateralAgentshallhaveobtainedcontrolif:(i)theMasterCollateralAgentisaparticipantinthebookentrysystemmaintainedbytheFederalReserveBankthatisactingasfiscalagentfortheissuerofsuchFederalBookEntrySecurity,andsuchFederalReserveBankhasindicatedbybookentrythatsuchFederalBookEntrySecurityhasbeencreditedtotheMasterCollateralAgent’ssecuritiesaccountinsuchbookentrysystem;or(ii)theMasterCollateralAgentisregisteredsolelyinitsnameontherecordsofaSecuritiesIntermediaryasthepersonhavingaSecurityEntitlementinrespectofsuchFederalBookEntrySecurityagainstsuchSecuritiesIntermediary;and(b)theSecuritiesIntermediaryisaparticipantinthebookentrysystemmaintainedbytheFederalReserveBankthatisactingasfiscalagentfortheissuerofsuchFederalBookEntrySecurity;and(c)suchFederalReserveBankhasindicatedbybookentrythatsuchFederalBookEntrySecurityhasbeencreditedtotheSecuritiesIntermediary’ssecuritiesaccountinsuchbookentrysystem.DefaulthasthemeaningsetforthinSection5.Delivery:whenusedwithrespecttoAccountCollateral,Deliverymeans:(i)withrespecttoPhysicalProperty,transferthereoftotheMasterCollateralAgentoritsnomineeorcustodianbyphysicaldeliverytotheMasterCollateralAgentoritsnom