Document:

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                                                                   EXHIBIT 10.15

Seventh Amendment to Receivables Loan Agreement

         This Seventh Amendment (the "Amendment"), dated as of February 19,
2002, is entered into among BWA Receivables Corporation (the "Borrower"),
BorgWarner Inc. ("BWI" and in its capacity as Collection Agent, the "Collection
Agent"), Windmill Funding Corporation, a Delaware corporation ("Windmill"), ABN
AMRO Bank N.V., as Windmill's program letter of credit provider (the "Program
LOC Provider"), the Bank listed on the signature page hereof (the "Bank") and
ABN AMRO Bank N.V., as agent for Windmill, the Program LOC Provider and the Bank
(the "Agent");

Witnesseth:

         Whereas, the Borrower, Collection Agent, Windmill, Program LOC
Provider, the Bank and Agent have heretofore executed and delivered an Amended
and Restated Receivables Loan Agreement, dated as of December 23, 1998 (as
amended, supplemented or otherwise modified through the date hereof, the "Loan
Agreement"),

         Whereas, the parties hereto desire to amend the Loan Agreement as
provided herein;

Now, therefore, for good and valuable consideration, the receipt and adequacy of
which are hereby acknowledged, the parties hereto hereby agree that the Loan
Agreement shall be and is hereby amended as follows:

         Section 1. (a) The defined term "Aggregate Bank Commitment" appearing
in Article I to the Loan Agreement is hereby amended in its entirety and as so
amended shall read as follows:

"Aggregate Bank Commitment" shall mean an amount equal to One Hundred Ten
Million One Hundred Sixty Thousand Dollars ($110,160,000), as such amount may be
reduced pursuant to Section 2.6.

         (b) The defined term "Aggregate Commitment" appearing in Article I to
the Loan Agreement is hereby amended in its entirety and as so amended shall
read as follows:

"Aggregate Commitment" shall mean an amount equal to One Hundred Twenty-Two
Million Four Hundred Thousand Dollars ($122,400,000), as such amount may be
reduced pursuant to Section 2.6.

         (c) The defined term "Approved Obligor Limit" appearing in Article I of
the Loan Agreement is amended in its entirety and as so amended shall read as
follows:

"Approved Obligor Limit" means (i) for any Obligor with a long-term unsecured
debt rating (a "Rating") of A- or higher by S&P and A3 or higher by Moody's, 50%
of the Outstanding Balance of all Eligible Receivables, (ii) for any Obligor
with a Rating of at least BBB+ by S&P and at least Baa1 by Moody's, 30 % of the
Outstanding Balance of all Eligible Receivables, (iii) for any Obligor with a
Rating of at least BBB by S&P and at least Baa2 by Moody's, 15% of the
Outstanding Balance of all Eligible Receivables, (iv) for any Obligor with a
Rating of at least BBB- by S&P and at least Baa3 by Moody's, 7.5% of the
Outstanding Balance of all Eligible Receivables, (v) for any Obligor with a
Rating lower than BBB- by S&P or lower than Baa3 by

<PAGE>
Moody's, or for any Obligor for which S&P or Moody's has withdrawn or suspended
its Rating, 3.33% of Outstanding Balance of all Eligible Receivables. The
Receivables of Unrated Affiliates may be treated as Receivables of the Related
Rated Entities for purposes of this definition provided that the aggregate
Outstanding Balance of Receivables so treated shall not exceed 10% of the
Outstanding Balance of all Eligible Receivables. Notwithstanding the foregoing,
for so long as a majority of the equity in New Venture Gear is owned by Daimler
Chrysler Corporation the "Approved Obligor Limit" for New Venture Gear shall be
the greater of (i) the Approved Obligor Limit then applicable to Daimler
Chrysler Corporation less the Outstanding Balance of all Eligible Receivables
owned by Daimler Chrysler, and (ii) 3.33% of the Outstanding Balance of all
Eligible Receivables. For purposes of this definition the term "Unrated
Affiliate" means an entity that is an Affiliate of an entity described in clause
(i) of the definition of Related Rated Entity or 100% of the equity in which is
owned by an entity described in clause (ii) of the definition of Related Rated
Entity, and "Related Rated Entity" means (i) an Obligor that has Ratings, or
(ii) an organization that is organized under the laws of a foreign country that
has Ratings.

         (d) The date "February 19, 2002" appearing in clause (iv) of the
defined term "Bank Termination Date" appearing in Article I to the Loan
Agreement is deleted and replaced with the date "February 18, 2003."

         (e) Clause (i) of the defined term "Eligible Receivable" appearing in
Article I of the Loan Agreement is amended in its entirety and as so amended
shall read as follows:

         "(i) the Obligor of which: (a) if a natural person, is a resident of
the USA or, if a corporation or other business organization, (1) is organized
under the laws of the USA and has its chief executive office in the USA or (2)
does not have its chief executive office in the USA or is not organized under
the laws of the USA but (i) is organized under the laws of and has its chief
executive office in a member country of the Organization of Economic Cooperation
and Development, and (ii) the parent of such Obligor has its chief executive
office in the USA and is organized under the laws of the USA (a "Permitted
Foreign Obligor"); (b) is not an Affiliate of any of the parties hereto; (c) is
a Designated Obligor; and (d) is not a government or governmental subdivision or
agency."

         (f) The date "February 19, 2002" appearing in clause (i) of the defined
term "Loan Amortization Date" appearing in Article I of the Loan Agreement is
deleted and replaced with the date "February 18, 2003."

         (g) The defined term "Loan Limit" appearing in Schedule I to the Loan
Agreement is hereby amended in its entirety and as so amended shall read as
follows

"Loan Limit" means $120,000,000.

         (h) The defined term "Net Receivables Balance" appearing in Article I
to the Loan Agreement is hereby amended in its entirety and as so amended shall
read as follows:

"Net Receivables Balance" shall mean, at any time, the Outstanding

<PAGE>

Balance of all Eligible Receivables at such time reduced by the sum of (a) the
amount by which the Outstanding Balance of all Eligible Receivables of any
Obligor (other than an Approved Obligor) and its Affiliates exceeds the
Concentration Factor at such time, plus (b) the amount by which the Outstanding
Balance of all Eligible Receivables of any Approved Obligor and its Affiliates
exceeds its Approved Obligor Limit, plus (c) to the extent not already included
in (a) or (b) above, the amount by which the Outstanding Balance of all Eligible
Receivables of all Permitted Foreign Obligors exceeds 10% of the Outstanding
Balance of all Receivables.

         (i) A new defined term "Permitted Foreign Obligor" shall be added to
Article I to the Loan Agreement which shall read in its entirety as follows:
"Permitted Foreign Obligor" is defined in the definition of Eligible
Receivables.

         (j) The defined term "Program LOC Provider Commitment" appearing in
Article I to the Loan Agreement is hereby amended in its entirety and as so
amended shall read as follows:

"Program LOC Provider Commitment" shall mean an amount equal to Twelve Million
Two Hundred Forty Thousand Dollars ($12,240,000), as such amount may be reduced
pursuant to Section 2.6.

         (k) The date "February 19, 2002" appearing in clause (c) of the defined
term "Program LOC Provider Termination Date" appearing in Article I of the Loan
Agreement is deleted and replaced with the date "February 18, 2003."

         (l) The percentage "ten percent (10%)" appearing in clause (a) of the
defined term "Reserve Percentage" appearing in Article I of the Loan Agreement
is deleted and replaced with the percentage "thirty percent (30%)."

         Section 2. Schedule I to the Loan Agreement is hereby amended in its
entirety and as so amended shall read as set forth as Schedule I to this
Amendment.

         Section 3. The effectiveness of this Amendment is subject to the
satisfaction of all of the following conditions precedent:

         (a) Each of the parties hereto shall have accepted this Amendment in
the spaces provided for that purpose below.

         (b) All other legal matters incident to the execution and delivery
hereof and to the transactions contemplated hereby shall be satisfactory to the
Agent.

         Section 4. The Loan Agreement, as amended and supplemented hereby or as
contemplated herein, and all rights and powers created thereby and thereunder or
under the other Transaction Documents (as defined in the Loan Agreement) and all
other documents executed in connection therewith, is in all respects ratified
and confirmed. From and after the date hereof, the Loan Agreement shall be
amended and supplemented as herein provided, and, except as so amended and
supplemented, the Loan Agreement, each of the other Transaction Documents and
all other documents executed in connection therewith shall remain in full force
and effect.

<PAGE>

         Section 5. This Amendment may be executed in two or more counterparts,
each of which shall constitute an original but both or all of which, when taken
together, shall constitute but one instrument.

         Section 6. This Amendment shall be governed and construed in accordance
with the internal laws of the State of Illinois.

<PAGE>

In Witness Whereof, the parties have caused this Amendment to be executed and
delivered by their duly authorized officers as of the date first above written.

ABN AMRO Bank N.V., as the Agent, as a Bank and as the Program LOC Provider

By:
Title:

By:
Title:

Windmill Funding Corporation

By:
Title:

BWA Receivables Corporation

By:
Title:

BorgWarner Inc.

By:
Title:

<PAGE>
                                   Schedule I

          Liquidity Providers and Commitments of Committed Purchasers

Name of Liquidity Provider           Commitment
--------------------------           ----------

ABN AMRO Bank N.V.                  $110,160,000

Program LOC Provider
--------------------------

ABN AMRO Bank N.V.                   $12,240,000<PAGE>
                                                                   EXHIBIT 10.16

                 EIGHTH AMENDMENT TO RECEIVABLES LOAN AGREEMENT

         THIS EIGHTH AMENDMENT (the "Amendment"), dated as of February 18, 2003,
is entered into among BWA Receivables Corporation (the "Borrower"), BorgWarner
Inc. ("BWI" and in its capacity as Collection Agent, the "Collection Agent"),
Windmill Funding Corporation, a Delaware corporation ("Windmill"), ABN AMRO Bank
N.V., as Windmill's program letter of credit provider (the "Program LOC
Provider"), the Bank listed on the signature page hereof (the "Bank") and ABN
AMRO Bank N.V., as agent for Windmill, the Program LOC Provider and the Bank
(the "Agent");

                                   WITNESSETH:

         WHEREAS, the Borrower, Collection Agent, Windmill, Program LOC
Provider, the Bank and Agent have heretofore executed and delivered an Amended
and Restated Receivables Loan Agreement, dated as of December 23, 1998 (as
amended, supplemented or otherwise modified through the date hereof, the "Loan
Agreement"),

         WHEREAS, the parties hereto desire to amend the Loan Agreement as
provided herein;

         NOW, THEREFORE, for good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties hereto hereby agree that
the Loan Agreement shall be and is hereby amended as follows:

         Section 1. (a) The defined term "Aggregate Bank Commitment" appearing
in Article I to the Loan Agreement is hereby amended in its entirety and as so
amended shall read as follows:

                           "Aggregate Bank Commitment" shall mean an amount
                  equal to Eighty Two Million Six Hundred Twenty Thousand
                  Dollars ($82,620,000), as such amount may be reduced pursuant
                  to Section 2.6.

         (b) The defined term "Aggregate Commitment" appearing in Article I to
the Loan Agreement is hereby amended in its entirety and as so amended shall
read as follows:

                           "Aggregate Commitment" shall mean an amount equal to
                  Ninety One Million Eight Hundred Thousand Dollars
                  ($91,800,000), as such amount may be reduced pursuant to
                  Section 2.6.

         (c) The date "February 18, 2003" appearing in clause (iv) of the
defined term "Bank Termination Date" appearing in Article I to the Loan
Agreement is deleted and replaced with the date "February 17, 2004".

         (d) The date "February 18, 2003" appearing in clause (i) of the defined
term "Loan Amortization Date" appearing in Article I of the Loan Agreement is
deleted and replaced with the date "February 17, 2004".

<PAGE>
         (e) The defined term "Loan Limit" appearing in Schedule I to the Loan
Agreement is hereby amended in its entirety and as so amended shall read as
follows

                           "Loan Limit" means $90,000,000.

         (f) The defined term "Program LOC Provider Commitment" appearing in
Article I to the Loan Agreement is hereby amended in its entirety and as so
amended shall read as follows:

                           "Program LOC Provider Commitment" shall mean an
                  amount equal to Nine Million One Hundred Eighty Thousand
                  Dollars ($9,180,000), as such amount may be reduced pursuant
                  to Section 2.6.

         (g) The date "February 18, 2003" appearing in clause (c) of the defined
term "Program LOC Provider Termination Date" appearing in Article I of the Loan
Agreement is deleted and replaced with the date "February 17, 2004".

         (h) The defined term "Coverage Percentage" appearing in Article I to
the Loan Agreement is hereby amended in its entirety and as so amended shall
read as follows:

                           "Coverage Percentage" shall mean at any time a
                  percentage equal to the sum of (i) one hundred percent (100%),
                  plus (ii) the Reserve Percentage, redetermined each time the
                  Eligible Receivables Balance is redetermined.

         (i) The defined term "Reserve" appearing in Article I to the Loan
Agreement is hereby amended in its entirety and as so amended shall read as
follows:

                           "Reserve" shall for each Lender mean, at any time
                  that such Lender's Loan Amount is greater than zero, an amount
                  equal to the product of (a) the Reserve Percentage at such
                  time, multiplied by (b) an amount obtained by multiplying (i)
                  a fraction the numerator of which is such Lender's Loan Amount
                  and the denominator of which is the Loan Amount of all Lenders
                  by (ii) the Net Receivables Balance.

         (j) Section 8.1(i) of the Loan Agreement is hereby amended in its
entirety and as so amended shall read as follows:

                           (i) the Secured Interest (expressed as a percentage)
                  multiplied by the Net Receivables Balance at any time exceeds
                  100% at such time and such failure shall continue for one (1)
                  day after the Borrower has knowledge thereof; or

         Section 2. Exhibit C to the Loan Agreement is hereby amended in its
entirety and as so amended shall read as set forth as Exhibit C to this
Amendment.

                                      -2-

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         Section 3. Schedule I to the Loan Agreement is hereby amended in its
entirety and as so amended shall read as set forth as Schedule I to this
Amendment.

         Section 4. The effectiveness of this Amendment is subject to the
satisfaction of all of the following conditions precedent:

                   (a) Each of the parties hereto shall have accepted this
Amendment in the spaces provided for that purpose below.

                   (b) The Agent shall have received executed counterparts of
         the Second Amendment to Second Amended and Restated Fee Letter.

         Section 5. The Loan Agreement, as amended and supplemented hereby or as
contemplated herein, and all rights and powers created thereby and thereunder or
under the other Transaction Documents (as defined in the Loan Agreement) and all
other documents executed in connection therewith, is in all respects ratified
and confirmed. From and after the date hereof, the Loan Agreement shall be
amended and supplemented as herein provided, and, except as so amended and
supplemented, the Loan Agreement, each of the other Transaction Documents and
all other documents executed in connection therewith shall remain in full force
and effect.

         Section 6. This Amendment may be executed in two or more counterparts,
each of which shall constitute an original but both or all of which, when taken
together, shall constitute but one instrument.

         Section 7. This Amendment shall be governed and construed in accordance
with the internal laws of the State of Illinois.

                                      -3-

<PAGE>
         IN WITNESS WHEREOF, the parties have caused this Amendment to be
executed and delivered by their duly authorized officers as of the date first
above written.

                                            ABN AMRO BANK N.V., as the Agent,
                                              as a Bank and as the Program
                                              LOC Provider

                                            By:
                                            Title:

                                            By:
                                            Title:

                                            WINDMILL FUNDING CORPORATION

                                            By:
                                            Title:

                                            BWA RECEIVABLES CORPORATION

                                            By:
                                            Title:

                                            BORGWARNER INC.

                                            By:
                                            Title:

                                      -4-

<PAGE>

                                 SCHEDULE I

           LIQUIDITY PROVIDERS AND COMMITMENTS OF COMMITTED PURCHASERS

NAME OF LIQUIDITY PROVIDER                    COMMITMENT
--------------------------                    ----------

     ABN AMRO Bank N.V.                      $82,620,000

PROGRAM LOC PROVIDER
--------------------------
     ABN AMRO Bank N.V.                       $9,180,000

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