Document:

Exhibit
10.7

 

LEGACY
ACQUISITION CORP.

1308
Race Street, Suite 200

Cincinnati,
OH 45202

 

 

November
16, 2017

 

Legacy
Acquisition Sponsor, LLC

312
Walnut Street, Floor 1

Cincinnati,
OH 45202 

Ladies
and Gentlemen:

 

This
letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the
registration statement (the “Registration Statement”) for the initial public offering (the “IPO”)
of the securities of Legacy Acquisition Corp. (the “Company”) and continuing until the earlier of (i)
the consummation by the Company of an initial business combination or (ii) the Company’s liquidation (in each case as described
in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”),
Legacy Acquisition Sponsor I LLC shall make available to the Company certain office space, utilities, secretarial support and
other administrative and consulting services as may be required by the Company from time to time, situated at 1308 Race Street,
Suite 200, Cincinnati, OH 45202 (or any successor location). In exchange therefor, the Company shall pay Legacy Acquisition
Sponsor I LLC the sum of $10,000 per month on the Effective Date and continuing monthly thereafter until the Termination Date.
Legacy Acquisition Sponsor I LLC hereby agrees that it does not have any right, title, interest or claim of any kind in or to
any monies that may be set aside in a trust account (the “Trust Account”) that may be established upon
the consummation of the IPO as a result of this letter agreement (the “Claim”) and hereby waives any
Claim it may have in the future as a result of, or arising out of, this letter agreement and will not seek recourse against the
Trust Account for any reason whatsoever.

 

	 	Very truly yours,
	 	 
	 	LEGACY ACQUISITION CORP.
	 	 	 
	 	By:	/s/ Edwin
    J. Rigaud
	 	 	Name: Edwin
    J. Rigaud
	 	 	Title: Chief
    Executive Officer

 

AGREED
TO AND ACCEPTED BY:

 

	LEGACY ACQUISITION SPONSOR I
    LLC	 
	 	 	 
	By:	/s/ Edwin
    J. Rigaud	 
	 	Name: Edwin J. Rigaud	 
	 	Title: Managing
    MemberEX-10.2

 Exhibit 10.2 
 AMENDMENT 
 TO SALE AND SERVICING AGREEMENTS 

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this “Amendment”), is by and between
NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the “Seller”) and NISSAN MOTOR ACCEPTANCE CORPORATION (“NMAC”), a California corporation, as Servicer (in such capacity, the
“Servicer,” and together with the Seller, the “Parties”). 
 RECITALS: 

WHEREAS, separate and discrete Delaware statutory trust issuers (each, an “Issuer,” collectively, the
“Issuers”), certain indenture trustees (each as identified on Schedule A to this Amendment, an “Indenture Trustee”), the Seller, the Servicer and NMAC, in its individual capacity, have entered into Sale and
Servicing Agreements for each of the transactions listed on Schedule A to this Amendment (collectively the “Sale and Servicing Agreements”); 

WHEREAS, the Parties desire to amend Section 5.02(a) of each of the Sale and Servicing Agreements to modify the
requirements of the Monthly Remittance Condition (as such term is defined therein); and 
 WHEREAS, the Parties
desire to implement such amendments as of the Effective Date (as defined below) in accordance with the terms and conditions set forth below pursuant to Section 10.01(a) of each of the Sale and Servicing Agreements. 

NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, receipt of
which is acknowledged, the Parties hereto agree as follows: 
 ARTICLE I 

RECITALS AND DEFINITIONS 
 Section 1.1 Definitions. Capitalized terms used and not defined herein have the respective meanings assigned such terms in the applicable Sale and Servicing Agreement.

 ARTICLE II 
 AMENDMENTS 
 Section 2.1 Amendments to Group A Sale and
Servicing Agreements. As of the Effective Date, the third sentence of Section 5.02(a) of each Sale and Servicing Agreement for a Group A transaction (as identified in Schedule A) is hereby amended to replace the reference to
“F1” therein with “F2”. 
 Section 2.2 Amendments to Group B Sale and Servicing
Agreements. As of the Effective Date, the second sentence of Section 5.02(a) of each Sale and Servicing Agreement for a Group B transaction (as identified in Schedule A) is hereby amended to replace the reference to
“F1” therein with “F2”. 

  

					
	 	 	 	 	 Amendment to
 Sale and Servicing Agreements

 Section 2.3 Amendment to Group C Sale and Servicing Agreement. As
of the Effective Date, the second sentence of Section 5.02(a) of the Sale and Servicing Agreement for the Group C transaction (as identified in Schedule A) is hereby amended and restated in full to read as follows: 

“The “Monthly Remittance Condition” shall be deemed to be satisfied if (i) NMAC is the Servicer
and (ii) NMAC’s short-term unsecured debt obligations are rated at least “P-1” by Moody’s and at least “F2” by Fitch (so long as Moody’s and Fitch are Rating
Agencies).” 
 ARTICLE III 
 EFFECTIVE DATE 
 Section 3.1 Effective Date. Upon
satisfaction of the following conditions this Amendment shall become effective immediately (such date, the “Effective Date”) without further action by any Party: 

(a) receipt by the Servicer of an executed counterpart of this Amendment from each Party hereto; 

(b) satisfaction of the Rating Agency Condition with respect to this Amendment in accordance with Section 10.01(a)(ii) of each Sale
and Servicing Agreement; and 
 (c) receipt by the Owner Trustee and each Indenture Trustee of an Opinion of Counsel, as
required pursuant to Section 10.01(d) of each Sale and Servicing Agreement, stating that the execution of such amendment is authorized or permitted by such Sale and Servicing Agreements. 

ARTICLE IV 

MISCELLANEOUS 
 Section 4.1 Sale and Servicing Agreements Unaffected. Except as modified herein, the Parties acknowledge that the provisions of each of the Sale and Servicing Agreements remain
in full force and effect and are hereby ratified and confirmed by the Parties hereto. After the Effective Date all references in the applicable Basic Documents to a Sale and Servicing Agreement shall mean such Sale and Servicing Agreement as
modified hereby. 
 Section 4.2 Governing Law. This Amendment shall be construed in accordance with
the laws of the State of New York, without reference to its conflict of law provisions (other than Section 5-1401 of the General Obligations Law of the State of New York), and the obligations, rights and
remedies of the Parties hereunder shall be determined in accordance with such laws. 

  

					
	 	 	2	 	 Amendment to
 Sale and Servicing Agreements

 Section 4.3 Captions. The various captions in this Amendment are
included for convenience only and shall not affect the meaning or interpretation of any provision of this Amendment or any provision hereof. 
 Section 4.4 Severability. Whenever possible, each provision of this Amendment shall be interpreted in such manner as to be effective and valid under applicable law, but if any
provision of this Amendment shall be prohibited by or invalid under the laws of any applicable jurisdiction, such provision, as to jurisdiction, shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder
of such provision or the remaining provisions of this Amendment as to such jurisdiction or any other jurisdiction. 

Section 4.5 Binding Effect. This Amendment shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns. 
 Section 4.6 Counterparts. This Amendment may be
executed in any number of counterparts and by the parties hereto on separate signature pages, each such executed counterpart constituting an original but all together only one Amendment. 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered as of the date first above written.

  

			
	NISSAN AUTO RECEIVABLES CORPORATION II, as Seller
		
	By:	 	 /s/ Riley A. McAndrews

	Name:	 	Riley A. McAndrews
	Title:	 	Assistant Treasurer

 
			
	
	NISSAN MOTOR ACCEPTANCE CORPORATION, Servicer
		
	By:	 	 /s/ Riley A. McAndrews

	Name:	 	Riley A. McAndrews
	Title:	 	Assistant Treasurer

  

					
		 	3	 	 Amendment to
 Sale and Servicing Agreements

 SCHEDULE A 

 

	 	

					
	Group A:	 		 	
			
		 	1.	 	Nissan Auto Receivables Owner Trust Series 2013-C
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
		 	2.	 	Nissan Auto Receivables Owner Trust Series 2014-A
		 		 	    i. Indenture Trustee: Citibank, N.A.
			
		 	3.	 	Nissan Auto Receivables Owner Trust Series 2014-B
		 		 	    i. Indenture Trustee: Wells Fargo Bank, National Association
			
		 	4.	 	Nissan Auto Receivables Owner Trust Series 2015-A
		 		 	    i. Indenture Trustee: Wells Fargo Bank, National Association
			
		 	5.	 	Nissan Auto Receivables Owner Trust Series 2015-B
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
		 	6.	 	Nissan Auto Receivables Owner Trust Series 2015-C
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
	Group B:	 		 	
			
		 	7.	 	Nissan Auto Receivables Owner Trust Series 2016-A
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
		 	8.	 	Nissan Auto Receivables Owner Trust Series 2016-B
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
		 	9.	 	Nissan Auto Receivables Owner Trust Series 2016-C
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
		 	10.	 	Nissan Auto Receivables Owner Trust Series 2017-A
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
		 	11.	 	Nissan Auto Receivables Owner Trust Series 2017-B
		 		 	    i. Indenture Trustee: U.S. Bank National Association
			
	Group C:	 		 	
			
		 	12.	 	Nissan Auto Receivables Owner Trust Series 2017-C
		 		 	    i. Indenture Trustee: U.S. Bank National Association

  

					
		 	4	 	 Amendment to
 Sale and Servicing Agreements

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