EX-10.L-8 7 exhibit10-l8.htm EXTENSION OF A RECEIVABLES PURCHASE AGREEMENT DATED AS OF OCTOBER 14, 2016 Exhibit

To:
Viking Asset Purchaser No. 7 IC (the “Purchaser”)
Citicorp Trustee Company Limited (the “Programme Trustee”)
14 October 2016
Dear Sirs,
Extension of a receivables purchase agreement between the Purchaser, the Programme Trustee and ourselves as Seller dated 28 June 2011 as amended, (the “Receivables Purchase Agreement”).
We refer to the Receivables Purchase Agreement. We write to record the terms and conditions upon which the parties have agreed to extend the Receivables Purchase Agreement.
In the definition of Termination Event, sub-clause (a) which appears in Clause 1 of the Receivables Purchase Agreement shall be replaced by “December 9, 2016, is reached;”, which, for the avoidance of doubt, means that the Receivables Purchase Agreement will terminate on 9 December 2016.
Please acknowledge your acceptance of the terms and conditions contained in this Letter of Agreement by signing and returning the enclosed duplicate.
Yours faithfully,
for and on behalf of
Meritor HVS AB
/s/ Carl D. Anderson II        
Carl D. Anderson II
We accept the terms and conditions set out in the Letter of Agreement of which the foregoing is the duplicate.

/s/ Michael Lombardi        
Michael Lombardi, Director
for and on behalf of
Viking Asset Purchaser No. 7 IC

/s/ David Mares            
David Mares, Director
for and on behalf of
Citicorp Trustee Company Limited