AMENDMENT NO. 14 TO BLOCKED ACCOUNT AGREEMENT
Exhibit 10.1
EXECUTION VERSION
AMENDMENT NO. 14 TO BLOCKED ACCOUNT AGREEMENT
THIS AMENDMENT NO. 14 TO BLOCKED ACCOUNT AGREEMENT, dated as of November 5, 2021 (this “Amendment”), is entered into among TRIUMPH RECEIVABLES, LLC (“Customer”), TRIUMPH GROUP, INC. (the “Servicer”), and PNC BANK, NATIONAL ASSOCIATION, as the depository bank (in such capacity, the “Depository”) and as administrator for and on behalf of certain other parties (in such capacity, the “Administrator”).
R E C I T A L S
A. The parties hereto have entered into that certain Blocked Account Agreement, dated as of August 7, 2008 (as amended, restated, supplemented or otherwise modified through the date hereof, the “Blocked Account Agreement”). Capitalized terms used in this Amendment without definition have the meanings assigned to such terms in the Blocked Account Agreement.
B. The parties hereto desire to enter into this Amendment to amend the Blocked Account Agreement.
NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as to the following:
(b) Except as expressly amended and modified by this Amendment, all provisions of the Blocked Account Agreement shall remain in full force and effect. After this Amendment becomes effective, all references in the Blocked Account Agreement to “this Agreement”, “hereof”, “herein”, or words of similar effect referring to the Blocked Account Agreement shall be deemed to be references to the Blocked Account Agreement, as amended by this Amendment. This Amendment shall not be deemed to expressly or impliedly waive, amend or supplement any provision of the Blocked Account Agreement other than as set forth herein.
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[SIGNATURE PAGES FOLLOW]
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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.
TRIUMPH RECEIVABLES, LLC,
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇._________________
Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇.
Title: Senior Vice President and Chief Financial Officer
TRIUMPH GROUP, INC.,
By: /s/ ▇▇▇▇▇▇▇▇ ▇. Allen_____________________
Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Senior Vice President, General Counsel and Secretary
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14th Amendment to Blocked Account Agreement - PNC/Triumph (Triumph Receivables, LLC) |
PNC BANK, NATIONAL ASSOCIATION,
as Administrator
By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Senior Vice President
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14th Amendment to Blocked Account Agreement - PNC/Triumph (Triumph Receivables, LLC) |
PNC BANK, NATIONAL ASSOCIATION,
as Depository
By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Senior Vice President
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14th Amendment to Blocked Account Agreement - PNC/Triumph (Triumph Receivables, LLC) |
CONSENTED TO BY:
PNC BANK, NATIONAL ASSOCIATION,
as Purchaser Agent for the PNC Purchaser Group
By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Senior Vice President
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14th Amendment to Blocked Account Agreement - PNC/Triumph (Triumph Receivables, LLC) |
SCHEDULE I
BLOCKED ACCOUNTS AND LOCKBOX INFORMATION
Blocked Accounts:
TRIUMPH Receivables, LLC
A/C #’s:
1019796242 1008436997 1017284745 1014305328 1006153766 1011555508 1017288463 1002431685 1008997858 1017305032 1017294353 1001738669 1019839855 1028984093 1028919507 1029046605 |
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Lockbox Accounts:
P.O. Box #’s:
676035 642454 643389 643247 642117 642807 643440 640739 642804 643577 643466 640941 644536 645395 645025 645259 |
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ANNEX A
Blocked Accounts:
TRIUMPH Receivables, LLC
A/C #’s:
1019796242 1008436997 1017284745 1014305328 1006153766 1011555508 1017288463 1002431685 1008997858 1017305032 1017294353 1001738669 1019839855 1028984093 1028919507 1029046605 |
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