Execution Copy
AMENDMENT NO. 9 TO
WAREHOUSE LOAN AGREEMENT
     AMENDMENT NO. 9 TO WAREHOUSE LOAN AGREEMENT, dated as of October 20, 2005
(this “Amendment”), is entered into by and among TRINITY INDUSTRIES LEASING
COMPANY, a Delaware corporation (the “Manager”), TRINITY RAIL LEASING TRUST II,
a Delaware statutory trust (the “Borrower”), the LENDERS party hereto, and
CREDIT SUISSE, NEW YORK BRANCH (formerly known as Credit Suisse First Boston,
New York Branch), as Agent for the Lenders (in such capacity, the “Agent).
Capitalized terms used but not defined herein have the meaning set forth in the
Warehouse Loan Agreement referred to below.
RECITALS:
     WHEREAS, the Manager, the Borrower, the Lenders and the Agent are parties
to that certain Warehouse Loan Agreement dated as of June 27, 2002 (as
heretofore amended, the “Warehouse Loan Agreement”); and
     WHEREAS, the parties hereto desire to amend the Warehouse Loan Agreement as
hereinafter set forth.
     NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:
PART I
AMENDMENTS
     SUBPART 1.1 Section 1.01 of the Warehouse Loan Agreement is hereby amended
as set forth below.
               SUBPART 1.1.1 The definition of “Commitment Amount” is hereby
amended by deleting the dollar amount “$ 300,000,000” set forth therein and
replacing it with the dollar amount “$ 375,000,000”.
     SUBPART 1.2 Schedule 1.01 of the Warehouse Loan Agreement is hereby amended
in its entirety to read as set forth in Schedule 1.01 hereto.
PART II
MISCELLANEOUS
     SUBPART 2.1 Effectiveness. This Amendment becomes effective on the date on
which the Agent has received (a) signature pages to this Amendment duly executed
by each party hereto (including each Lender) and (b) signature pages to the
Master Assignment Agreement (attached hereto as Exhibit A) duly executed by each
Party thereto.
     SUBPART 2.2 Representations and Warranties. The Manager and the Borrower
each represent and warrant that its respective representations and warranties
contained in Article V of

 

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the Warehouse Loan Agreement are true and correct on and as of the date of this
Amendment as though made on and as of such date, except to the extent that such
representations and warranties expressly relate to an earlier date.
     SUBPART 2.3 Effect of Amendment. All provisions of the Warehouse Loan
Agreement, as expressly amended and modified by this Amendment, shall remain in
full force and effect. After this Amendment becomes effective, all references in
the Warehouse Loan Agreement (or in any other Transaction Document) to the
Warehouse Loan Agreement shall be deemed to be references to the Warehouse Loan
Agreement as amended hereby.
     SUBPART 2.4 Counterparts. This Amendment may be executed in any number of
counterparts and by different parties on separate counterparts, each of which
when so executed shall be deemed to be an original and all of which when taken
together shall constitute but one and the same instrument. Delivery of an
executed counterpart of a signature page to this Amendment by facsimile shall be
effective as delivery of a manually executed counterpart of this Amendment.
     SUBPART 2.5 Governing Law. This Amendment shall be governed by, and
construed in accordance with, the internal laws of the State of New York.
     SUBPART 2.6 Section Headings. The various headings of this Amendment are
included for convenience only and shall not affect the meaning or interpretation
of this Amendment, the Warehouse Loan Agreement or any provision hereof or
thereof.
[Signature Pages Follow]
 -2-

 

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     IN WITNESS WHEREOF, the parties have executed this Amendment on the date
first written above.

             
 
                TRIN1TY INDUSTRIES LEASING COMPANY
 
           
 
  By:   /s/ Eric Marchetto    
 
           
 
      Name: Eric Marchetto    
 
      Title: Vice President    
 
                TRINITY RAIL LEASING TRUST II
 
           
 
  By:   /s/ Eric Marchetto    
 
           
 
      Name: Eric Marchetto    
 
      Title: Vice President    

 

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                  CREDIT SUISSE, NEW YORK BRANCH
(formerly known as Credit Suisse First Boston,
New York Branch), as Agent
and as a Committed Lender
 
           
 
  By:   /s/ Alberto Zonca    
 
           
 
      Name: Alberto Zonca    
 
      Title: Director    
 
           
 
  By:   /s/ Michael W. Koenitzer    
 
           
 
      Name: Michael W.Koenitzer    
 
      Title:    

 

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                  GRAMERCY CAPITAL CORPORATION, as a
Conduit Lender     By Credit Suisse, New York Branch, as
attorney-in-fact
 
           
 
  By:   /s/ Joseph Soave    
 
           
 
      Name: Joseph Soave    
 
      Title: Director    
 
           
 
  By:   /s/ Josh Borg    
 
           
 
      Name: JOSH BORG    
 
      Title: Vice President    
 
                GREENWICH FUNDING CORPORATION, as
a Conduit Lender     By Credit Suisse, New York Branch, as attorney-in-fact
 
           
 
  By:   /s/ Joseph Soave    
 
           
 
      Name: Joseph Soave    
 
      Title: Director    
 
           
 
  By:   /s/ Josh Borg    
 
           
 
      Name: JOSH BORG    
 
      Title: Vice President    
 
                ALPINE SECURITIZATION CORP, as a
Conduit Lender     By Credit Suisse, New York Branch, as
attorney-in-fact
 
           
 
  By:   /s/ Joseph Soave    
 
           
 
      Name: Joseph Soave    
 
      Title: Director    
 
           
 
  By:   /s/ Josh Borg    
 
           
 
      Name: JOSH BORG    
 
      Title: Vice President    

 

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                  DRESDNER BANK AG, NEW YORK
BRANCH, as a Committed Lender
 
           
 
  By:   /s/ David O. Taylor    
 
           
 
      Name: David O. Taylor    
 
      Title: Vice President    
 
           
 
  By:   /s/ Brad Ellis    
 
           
 
      Name: Brad Ellis    
 
      Title: Vice President    
 
                BEETHOVEN FUNDING CORPORATION, as
a Conduit Lender
 
           
 
  By:   /s/ Matthew M. Dorr    
 
           
 
      Name:    
 
      Title:    

 

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                  COÖPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B. A.,
“RABOBANK INTERNATIONAL”, NEW YORK BRANCH,
as a Committed Lender
 
           
 
  By:   /s/ Brett Delfino    
 
           
 
      Name: Brett Delfino    
 
      Title: Executive Director    
 
           
 
  By:   /s/ Jacqueline L. Arambulo    
 
           
 
      Name: Jacqueline L. Arambulo    
 
      Title: Vice President    
 
                NIEUW AMSTERDAM RECEIVABLES
CORPORATION, as a Conduit Lender
 
           
 
  By:   /s/Matthew M. Dorr    
 
           
 
      Name: Mathew M.Dorr    
 
      Title: Vice President    
 
           

 

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            GRESHAM RECEIVABLES (NO. 3) LIMITED, as a
Committed Lender
      By:   /s/ R.C. Gerwat         Name:   R.C. Gerwat         Title:  
Director   

 

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SCHEDULE 1.01
Lenders and Commitments

                              Commitment   Commitment   Commitment Lender  
Amount   Percentage   Date
Credit Suisse First Boston, New York Branch
    100,000,000       26.66666666 %   June 27, 2002
 
                       
Dresdner Bank AG, New York Branch
    100,000,000       26.66666666 %   August 29, 2003
 
                       
Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank International”,
New York Branch
    100,000,000       26.66666666 %   October 23, 2003
 
                       
Gresham Receivables (No. 3) Limited
    75,000,000       20.00000000 %   October 20, 2005
 
                         
Totals
    375,000,000       100.0000 %        

 

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Exhibit A
Master Assignment Agreement