📄 Extracted Text (454 words)
Execution Copy
TERMINATION AGREEMENT
This TERMINATION AGREEMENT (this "Termination Agreement") dated as of December
7, 2016 (the "Termination Date") is entered into by and between Deutsche Bank AG ("Party A") and
Southern Financial LLC ("Party B"). All capitalized terms used herein and not otherwise defined shall
have the meanings provided in the GMRA (defined below).
WITNESSETH:
WHEREAS, Party A and Party B arc parties to Global Master Repurchase Agreement (along with any
and all Transactions outstanding thereunder, each as amended, supplemented or modified from time to
time, collectively, the "GMRA"; unless otherwise provided herein, all capitalized terms shall have the
same meaning ascribed to the terms in the GMRA), dated as of January 7, 2015 ; and
WHEREAS, Party A and Party B wish to terminate the GMRA as herein provided effective as of the
Termination Date.
NOW, 11IEREFORE, for good and valuable consideration, the existence of which is hereby
acknowledged, the parties agree as follows:
I) Termination. The panics hereto agree that there arc no Transactions outstanding under the GMRA,
that no obligations currently exist, and no payments are owed or will be owed by Party A and Party B
to each other or to any other party in connection with the termination of the GMRA or otherwise.
The parties funher agree that there are no outstanding balances, liabilities or assets in the name of
Party A or Party B under the GMRA as of the Termination Date. Accordingly, the panics hereby
agree that the GMRA is hereby terminated as of the Termination Date.
2) Waiver of Notice Period. To the extent applicable, each party hereby waives its right to any notice or
notice period prior to termination.
3) Governing Law. This Termination Agreement will be governed by, and construed in accordance with,
the laws of England.
4) Miscellaneous. This Termination Agreement may be executed in counterparts, each of which shall be
deemed an original instrument and all of which taken together shall constitute one and the same
agreement. Each party hereto shall become bound by this Termination Agreement immediately upon
such party's execution and delivery hereof and independently of the execution and delivery hereof by
the other parties hereto. The parties may sign and deliver this Termination Agreement by electronic
mail or facsimile transmission. The parties agree that die delivery of this Termination Agreement by
electronic mail or facsimile shall have the same force and effect as delivery of original signatures and
that each party may use such electronic mail or facsimile signatures as evidence of the execution and
delivery of this Termination Agreement by both panics to the same extent that an original signature
could be used.
Confidential
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0061084
CONFIDENTIAL SDNY_GM_00207268
EFTA01369029
ℹ️ Document Details
SHA-256
51fe8d9c2236e8a9e29a7ac6a3be38f5837970dec5c658b45c3a5189a53e2260
Bates Number
EFTA01369029
Dataset
DataSet-10
Document Type
document
Pages
1
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