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EFTA01282816.pdf
AI Summary
This document is an amendment to a financial agreement between Deutsche Bank AG and Southern Trust Company, dated October 28, 2013, that modifies credit support limits and document delivery requirements. The amendment establishes various ceiling limits ranging from $50-100 million USD across different tiers. [Rating: 4/10 - Standard financial agreement amendment between banks with routine credit support modifications]
Flags
financial_transactions
legal_proceedings
Extracted Entities
| Name | Type | Context |
|---|---|---|
| New York | location | State whose laws govern the agreement |
| Deutsche Bank AG | organization | Party A in the financial agreement amendment |
| Southern Trust Company | organization | Party B in the financial agreement amendment |
| Christian Marchese | person | Vice President signatory on the amendment |
Full Text
AMENDMENT
AGREEMENT
B b T e e h t ) i w . s e A en M D E E N U D T M S E C N H T E A B G A R N E K E A M G E N (" T P a (" r A ty m A e " n ) d a m n e d n S t" O ) i U s T d H a E te R d N a s T o R f U O S c T to C be O r M 1 P 2, A 2 N 0 Y 15 , I a N n C d . i ( s " P m a a r d ty e
t P h a e r t C y r e A d a it n S d u P p a p r o ty rt B A n h n a e v x e ( e " n C te S re A d " ) in to to t h a e n S IS c D he A d u M le a s th te er r e A to g re (t e h m e e "A nt g d re a e te m d e a n s t o ") f ; October 28, 2013, and
The parties agree to amend certain terms and provisions of the Agreement;
In consideration of the mutual agreements contained in this Amendment, the panics agree as follows:
1. Part 3 of the Schedule to the Agreement is hereby deleted in entirety and replaced as follows:
"Part 3. Agreement to Deliver Documents.
(a) For the purpose of Section 4(agi), the documents to be delivered are:
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agreement Much brings
CONFIDENTIAL SONY GSA 00038381
CONFIDENTIAL - PURSUANT TO FED_ R GRIM. P 6(e) DB-SDNY-0001205
EFTA_00148990
EFTA01282816
2
such sections into lister in
the Relevant Junsthetions,
as amended, and any other
documentation reasonably
requested by the other party
as it relates thereto
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:
r p e u d r p b o y s e th s e o re f p S r e e c s t e io n n ta m tio a n X i i n i) . S t e h c e t i o o t n h e 3 r ( d d ) o o c f u m th e e n A ts g r t e o e b m e e d n e t l i iv f e s r p e e d c ( if w ie h d ic ) h ar e w a il s l
d P e a l r iv ty e r r e d q o u c i u re m d e n to t F C o e r r m tif / i D ca o t c e u ment/ d D e a l t i e ve b r y e d w hich to be R C e o p ve re re s d e n b ta y t S io e n c : tion SOB
P Pa a r r t t y ) B A and i E n v c i u d m en b c e e n cy o f a t n h d e a sp u e th c o im ri e ty n . e U x p e o c n u tion o r an p d r io d r eliv t e o r y th o e f Yes
signature of each person this Agreement and with
executing this Agreement or respect to any Confirmation
any Confirmation, Credit upon request by the other
Support Document or other Party
document entered into in
connection with this
Agreement on its behalf or
oilvervase. as the case may be
Party I I n ts c o m rp o o s r t a ti r o e n c ent alo A n rt g ic les w i o th f A A g s ree 0 m 1 en e t x , ec o u r t ion u po o n r a th n i y s Yes
bylaos fir any) material change in such
documents
Party A A copy of the most recent Promptly after request by the Yes
annual report containing other party
consolidated financial
statements of such party or its
Credit Support Provider, if
any, and such other public
information respecting the
condition or operations.
financial or otherwise of such
party or its Credit Support
Provider, if any, as the other
party may reasonably request
from time to time
Party If a A n n c u o a p l y o re f po th r e t m c o o s n t ta re in c i e n n g t o P t r h o e m r p p t a ly rt y a fter request M the Yes
consolidated financial
statements of such party or its
Credit Support Provider, if
any, and such information
respecting the condition or
operations, financial or
otherwise of such pat. Or its
Credit Support Prouder. if
am. as the other party ma)
reasonably request from time
to time
Party U A copy of the resolution of the Upon execution of dus Yes
Board of /tiny-ton of Party B Agreement
approving the entering into or
this Agreement and the
transactions contemplated
SDNY_GM_0003.9382
CONFIDENTIAL
CONFIDENTIAL - PURSUANT TO FED_ R GRIM. P. 6(e) DB-SDNY-0001206
EFTA_0014899 I
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3
hereby certified by an
authonsed officer of Party II
(as the ease may be) that such
documents are in fill fence and
effect
Party B Quanerly report within ten (1O) business Yes
of unencumbered cash and days after the end of the
marketable securities relevant alendar quarter
Party A and Party It A duly executed and delivered Upon execution of this Yes
copy of the Credit Supped Agreenient
Document
Puny II A legal opinion in a form Upon execution of this No"
satisfactory to Party A with Agreement and any Credit
respect to Party B. Support Document
2. Paragraph 13(1)(iXA) of the Credit Support Annex to the Schedule to the Agreement shall be
deleted in its entirety and replaced with the following:
"(A) "Aggregate Ceiling Limit means USD 100.000.000."
3. Paragraph 13(IgiX1) of the Credit Support Annex to the Schedule to the Agreement shall be
deleted in its entirety and replaced with the following:
"(I) "Tier II Ceiling LIS( means USI) 100.000,000."
4. Paragraph I 3(IXiXII) of the Credit Support Annex to the Schedule to the Agreement shall be
deleted in its entirety and replaced with the following:
"((J) -Tier I Ceiling Untie' means USD 100.000.000.-
5. Paragraph 13(1)(iXE) of the Credit Support Annex to the Schedule to the Agreement shall be
deleted in its entirety and replaced with the following:
"(E) "Tier III Ceiling Limit means USD 50.000,000."
6. Paragraph 13(1Xi XO) of the Credit Support Annex to the Schedule to the Agreement shall he
deleted in its entirety and replaced with the following:
"(O) "Tier IV Ceiling Limit* means USD 50.000.000.
7. Each party represents to the other party in respect of the Agreement, as amended pursuant to
this Amendment, that the representations made by it pursuant to the Agreement are true and
accurate as of the date of this Amendment.
R. This Amendment constitutes the entire agreement and understanding of the parties with
respect to its subject matter and supersedes all oral communication and prior writings (except
as otherwise provided herein) with respect thereto.
9. Except as specifically modified by this Amendment, all the terms and provisions of the
Agreement will continue in full force and effect. References to the Agreement will be to the
Agreement, as amended by this Amendment.
SDNY_GM_00038383
CONFIDENTIAL
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0001207
EFTA_00 I 48992
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4
10. Capitalised terms used in this Amendment and not otherwise defined herein shall have the
meanings specified for such terms in the Agreement.
II. Each of the panics to this Amendment will deliver to the other party, upon execution of this
Amendment, evidence of the authority and true signatures of each official or representative
signing this Amendment on its behalf.
12. This Amendment may be executed and delivered in counterparts, each of which will be
deemed an original.
13. This Amendment will be governed by and construed in accordance with the laws of the State
of New York (without reference to its choice of law doctrine).
The parties have executed this Amendment with effect from the date appearing in the first paragraph
above.
DEUTSC AG SOUT
stian Marchese
By: — By:
Name: Vice President Name:
By: do Waite By:
Name: = President Name:
i
Date:. _ Date: 1O _-_LS (5
SDNY_GM_00038384
CONFIDENTIAL
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SONY-0001208
EFTA_00 148993
EFTA01282819