AMENDMENT 1 TO PURCHASE AND CONTRIBUTION AGREEMENT

Contract Categories: Business Finance - Purchase Agreements
EX-10.(I) 10 dex10i.htm AMENDMENT 1 TO PURCHASEXAND CONTRIBUTION AGREEMENT AMENDMENT 1 TO PURCHASExAND CONTRIBUTION AGREEMENT
Exhibit 10(i)
 
AMENDMENT 1 TO PURCHASE AND CONTRIBUTION AGREEMENT
 
AMENDMENT, dated as of January 9, 2001, to the Purchase and Contribution Agreement, dated as of December 21, 2000, as amended to date (the “Purchase Agreement “), among UNITED RENTALS RECEIVABLES LLC I, a Delaware limited liability company (the “Seller”), UNITED RENTALS RECEIVABLES LLC II, a Delaware limited liability company (the “Purchaser”), and UNITED RENTALS, INC., a Delaware corporation, as Collection Agent.
 
RECITALS
 
WHEREAS, the Seller and the Purchaser have agreed subject to the terms and conditions of this Amendment, to amend the Purchase Agreement as hereinafter set forth. Terms used herein but not defined herein shall have the meaning assigned thereto in the Purchase Agreement .
 
NOW, THEREFORE, the parties agree as follows:
 
1.    Amendment of Purchase Agreement .    The Purchase Agreement and all documents entered into in connection therewith are hereby amended as follows:
 
(a)    Section 4.01(k) of the Purchase Agreement is hereby amended to delete the parenthetical at the end thereof.
 
(b)    Annex B to the Purchase Agreement is hereby amended and restated in its entirety to read as set forth in the new Annex B attached to this Amendment.
 
2.    Execution in Counterparts, Etc.    This Amendment may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one and the same amendment. The delivery of a signed signature page to this Amendment by telecopy transmission shall constitute due execution and delivery of this Amendment for all purposes.
 
3.    Purchase Agreement in Full Force and Effect.    Except as amended by this Amendment, all of the provisions of the Purchase Agreement and


 
all of the provisions of all other documentation required to be delivered with respect thereto shall remain in full force and effect from and after the date hereof.
 
4.    References to Purchase Agreement.    From and after the date hereof, (a) all references in the Purchase Agreement to “this Agreement,” “hereof,” “herein,” or similar terms and (b) all references to the Purchase Agreement in each agreement, instrument and other document executed or delivered in connection with the Purchase Agreement, shall mean and refer to the Purchase Agreement, as amended by this Amendment.
 
5.    Further Assurances.    The parties hereto agree to execute and deliver any and all further agreements, certificates and other documents reasonably necessary to implement the provisions of this Amendment.
 
6.    Governing Law.    This Amendment shall be governed by, and construed in accordance with, the law of the State of New York without giving effect to the conflict of laws principles thereof.
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IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first above written.
 
 
SELLER:
  
UNITED RENTALS RECEIVABLES LLC I
    
By:
 
        
Name:
Title:
PURCHASER:
  
PURCHASER: UNITED RENTALS RECEIVABLES LLC II
    
By:
 
        
Name:
Title:
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ANNEX B
 
LOCK-BOX ACCOUNTS
 
Sugarland Office
 
National Accounts
United Rentals—Houston
 
United Rentals
P.O. Box 4719
 
P.O. Box 846394
Houston, TX ###-###-####
 
Dallas, TX ###-###-####
Comerica
 
Bank of America
Acct# 1851045144
 
Acct# 2870769692
Arlington Office
 
Crofton, MD—Maryland
United Rentals—Dallas
 
United Rentals, Inc.
P.O. Box 891413
 
P.O. Box 100711
Dallas, TX ###-###-####
 
Atlanta, GA 30384-0711
Comerica
 
Bank of America
Acct# 1851045151
 
Acct# 005041239194
Batavia, NY—Aerial Division
 
St. Louis Office
Includes Charlotte, NC; Crofton, MD;
Fairfield, CT; Lexington, KY
United Rentals (North America), Inc.
Box 19633A
Newark, NJ 07195-0633
Bank of New York
Acct# 8900341343
 
United Rentals, Inc.
P.O. Box 503330
St. Louis, MO 63150-3330
Bank of America
Acct# 005041239204
Sacramento, CA—NorCal, Nevada
   
United Rentals—Sacramento, CA
   
P.O. Box 45042
   
San Francisco, CA 94145-5042
   
Union Bank of California
   
Acct# 2380004901
   
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