{"id":41260,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/repurchase-agreement-raytheon-co-and-bank-of-america-nt-amp-sa.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"repurchase-agreement-raytheon-co-and-bank-of-america-nt-amp-sa","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/finance\/repurchase-agreement-raytheon-co-and-bank-of-america-nt-amp-sa.html","title":{"rendered":"Repurchase Agreement &#8211; Raytheon Co. and Bank of America NT&#038;SA"},"content":{"rendered":"<pre>\n           REAFFIRMATION OF AMENDED AND RESTATED REPURCHASE AGREEMENT\n\n                  REAFFIRMATION OF AMENDED AND RESTATED REPURCHASE AGREEMENT,\ndated as of March 10, 2000, (this 'Reaffirmation') of the Amended and Restated\nRepurchase Agreement, dated as of March 18, 1999 (the 'Repurchase Agreement'),\nmade by Raytheon Aircraft Company, a Kansas corporation ('RAC'), in favor of the\nPurchasers referred to therein and Bank of America National Trust and Savings\nAssociation, as managing facility agent (in such capacity, the 'Managing\nFacility Agent') for such Purchasers.\n\n                  WHEREAS, pursuant to the Amended and Restated Purchase and\nSale Agreement, dated as of March 18, 1999 (as hereto amended, modified or\notherwise supplemented) (the 'Purchase Agreement'), among Raytheon Aircraft\nReceivables Corporation, a Kansas corporation (the 'Seller'), Raytheon Aircraft\nCredit Corporation ('Raytheon Credit'), as Servicer (as defined therein), the\nfinancial institutions and special purpose corporations from time to time\nparties thereto (the 'Purchasers'), Bank of America National Trust and Savings\nAssociation, as Managing Facility Agent (in such capacity, the 'Managing\nFacility Agent') and Documentation Agent for the Purchasers, Bank of America\nNational Trust and Savings Association and the Chase Manhattan Bank, as\nCo-Administrative Agents for the Purchasers (each in such capacity, a\n'Co-Administrative Agent'), The Chase Manhattan Bank, as Syndication Agent (in\nsuch capacity, the 'Syndication Agent'), Citibank, N.A. and Credit Suisse First\nBoston, as Co-Syndication Agents (each in such capacity, a 'Co-Syndication\nAgent'), and each Administrative Agent referred to therein, RAC entered\ninto the Repurchase Agreement;\n\n                  WHEREAS, the Purchase Agreement is being amended and restated\nby the Second Amended and Restated Purchase and Sale Agreement (the 'Amended\nPurchase Agreement'), dated as of March 10, 2000, among Raytheon Aircraft\nReceivables Corporation, a Kansas corporation (the 'Seller'), Raytheon Aircraft\nCredit Corporation ('Raytheon Credit'), as Servicer (as defined therein), the\nfinancial institutions and special purpose corporations from time to time\nparties thereto (the 'Purchasers'), Bank of America, N.A., formerly known as\nBank of America National Trust and Savings Association, as Managing Facility\nAgent for the Purchasers (in such capacity, the 'Managing Facility Agent'), The\nChase Manhattan Bank and Bank of America, N.A., as Co-Administrative Agents for\nthe Purchasers (in such capacity, a 'Co-Administrative Agent'), The Chase\nManhattan Bank, as Syndication Agent (in such capacity, the 'Syndication\nAgent'), Citibank, N.A. and Credit Suisse First Boston, as Co-Syndication Agents\n(in such capacity, a 'Co-Syndication Agent') and each Administrative Agent\nreferred therein;\n\n                  WHEREAS, it is a condition precedent to the effectiveness of\nthe Amended Purchase Agreement that RAC shall have executed and delivered\nthis Reaffirmation to the Managing Facility Agent;\n\n                  WHEREAS, RAC desires to consent to the amendments to the\nPurchase Agreement and to reaffirm its obligations under the Repurchase\nAgreement;\n\n                                       2\n\n\n                  NOW THEREFORE, in consideration of the foregoing and to induce\nthe Managing Facility Agent, the Co-Agents, the Agents and the Purchasers to\nenter into the Second Amended and Restated Purchase and Sale Agreement and to\ninduce the Purchasers to make their respective purchasers from the Seller under\nthe Second Amended and Restated Purchase and Sale Agreement, RAC hereby\nagrees as follows:\n\n                  1. Defined Terms.  Capitalized terms used herein but not\ndefined shall have the meanings given to such terms in the Repurchase Agreement.\n\n                  2. Consent and Reaffirmation.  RAC hereby consents to the\namendments to the Purchase  Agreement and to the execution of the Amended\nPurchase Agreement by Raytheon Credit and the Seller and hereby reaffirms it\nobligations under the Purchase Agreement.\n\n                  3.  Amendment to Section 3.  Section 3 of the Repurchase\nAgreement is hereby amended by deleting 'tenth' from the first sentence of\nsuch section and inserting in lieu thereof 'twentieth'.\n\n         IN WITNESS WHEREOF, Raytheon has caused this Reaffirmation to be duly\nexecuted and delivered by its proper and duly authorized officer as of the day\nand year first written above.\n\n                            RAYTHEON AIRCRAFT COMPANY\n\n\n                            By: \/James E. Gray\/\n                         Title: Vice President - Chief Financial Officer\n\n\nAcknowledged By:\n\nBANK OF AMERICA, N.A.,\n    as Managing Facility Agent\n\nBy: \/Patrick W. Zetzman\/\nName: Patrick W. Zetzman\n     Title: Vice President\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[6846,8652],"corporate_contracts_industries":[9415,9476],"corporate_contracts_types":[9564,9560],"class_list":["post-41260","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-bank-of-america-corp","corporate_contracts_companies-raytheon-co","corporate_contracts_industries-financial__banks","corporate_contracts_industries-aerospace__space","corporate_contracts_types-finance__factor","corporate_contracts_types-finance"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/41260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=41260"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=41260"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=41260"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=41260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}