Document:

Document

EXHIBIT 10.14

			
	Dated   May 5, 2020

	(1)    BUNGE SECURITIZATION B.V., as Seller
(2)    KONINKLIJKE BUNGE B.V., as Master Servicer and Subordinated Lender
(3)    The Conduit Purchasers party hereto
(4)        The Committed Purchasers party hereto
(5)        The Purchaser Agents party hereto
(6)       COÖPERATIEVE RABOBANK U.A., as Administrative Agent, Committed Purchaser and Purchaser Agent and on behalf of its Conduit Purchaser
(7)    BUNGE LIMITED, as Performance Undertaking Provider

	SEVENTEENTH AMENDMENT TO THE RECEIVABLES TRANSFER AGREEMENT

                

Contents
Clause        Page

1.    Definitions and interpretation    1
2.    Amendment of the Receivables Transfer Agreement    2
3.    Representations    2
4.    Continuance    2
5.     Further Assurance    2
6.    Conditions Precedent    2
7.    Notices, etc    3
8.    Execution in counterparts    3
9.    Governing law; submission to jurisdiction    3
10.    No proceeding; limited recourse    3

1

THIS SEVENTEENTH AMENDMENT TO THE RECEIVABLES TRANSFER AGREEMENT (this “Amendment”) is dated May 5, 2020 and made among:
(1)    BUNGE SECURITIZATION B.V., a private limited liability company organized under the laws of the Netherlands, as Seller (the “Seller”);
(2)    KONINKLIJKE BUNGE B.V., a private limited liability company organized under the laws of the Netherlands, as Master Servicer (the “Master Servicer”) and Subordinated Lender (the “Subordinated Lender”);
(3)    the Conduit Purchasers party hereto (the “Conduit Purchasers”);
(4)    the Committed Purchasers party hereto (the “Committed Purchasers”);
(5)    the Purchaser Agents party hereto (the “Purchaser Agents”);
(6)    COÖPERATIEVE RABOBANK U.A., as Administrative Agent (the “Administrative Agent”), Committed Purchaser and Purchaser Agent; and
(7)    BUNGE LIMITED, a company formed under the laws of Bermuda, as Performance Undertaking Provider (the “Performance Undertaking Provider”),
collectively referred to as the “Parties” and each of them a “Party”.
BACKGROUND:
(A)    This Amendment is supplemental to and amends the receivables transfer agreement dated June 1, 2011 (as amended and restated on May 26, 2016, as further amended on June 30, 2016, October 11, 2016, May 31, 2017, October 31, 2017, January 12, 2018, February 19, 2019, May 29, 2019 and August 27, 2019) made among the Parties to this Amendment (the "Receivables Transfer Agreement").
(B)    The Parties have agreed to further amend the Receivables Transfer Agreement on the terms set out below. 
(C)    This Amendment is a Transaction Document as defined in the Receivables Transfer Agreement. 
IT IS AGREED that:
1.Definitions and interpretation
Unless otherwise defined herein, capitalized terms which are used herein shall have the meanings assigned to such terms in Section 1.1 (Certain defined terms) of the Receivables Transfer Agreement.  The principles of interpretation set forth in Section 1.2 (Other terms) and Section 1.3 (Computation of time periods) of the Receivables Transfer Agreement shall apply to this Amendment as if fully set forth herein.
    1

2.Amendment of the Receivables Transfer Agreement
With effect from the Amendment Effective Date (as such term is defined in Section 8 (Conditions Precedent)), the Receivables Transfer Agreement shall be amended as follows:
(a)    In Section 1.1 (Definitions) the definition of “Applicable Margin” shall be deleted and replaced with the following:
    “Applicable Margin” means 1.00% per annum.
(b)    In Section 1.1 (Definitions) the definition of “Original Termination Date” shall be deleted and replaced with the following:
“Original Termination Date” means May 26, 2021.
3.REPRESENTATIONS
Each of the Seller, the Master Servicer and the Performance Undertaking Provider represents and warrants to the other Parties hereto that, after giving effect to this Amendment, each of its representations and warranties set forth in the Receivables Transfer Agreement, as such representations and warranties apply to such Person, is true and correct in all material respects on and as of the Amendment Effective Date as though made on and as of such date except for representations and warranties stated to refer to a specific earlier date, in which case such representations and warranties are true and correct as of such earlier date.
4.Continuance
The Parties hereby confirm that the provisions of the Receivables Transfer Agreement and the other Transaction Documents shall continue in full force and effect, subject only to the amendments effected thereto by this Amendment.
5.Further Assurance
The Parties shall, upon request of the Administrative Agent, and at the cost of the Seller, do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected by this Amendment.  Each of the Parties thereto hereby ratifies and confirms each of the Transaction Documents to which it is a party. 
6.conditions precedent
This Amendment shall become effective as of the date first written above upon the satisfaction of the following (the “Amendment Effective Date”):
(i)The Administrative Agent shall have received the following, duly executed by all parties thereto:
2

(1)this Amendment;
(2)the Reaffirmation of  Performance  Undertaking, dated on or about the date hereof, made by the Performance Undertaking Provider for the benefit of the Administrative Agent;
(3)the Administrative Agent Fee Letter, dated on or about the date hereof, among the Seller, the Performance Undertaking Provider and the Administrative Agent; and
(4)the Purchaser Agent Fee Letter, dated on or about the date hereof, among the Seller, the Performance Undertaking Provider, the Administrative Agent and the Purchaser Agents (the “Purchaser Agent Fee Letter”).
(ii)The Seller shall have paid the Upfront Fee (as defined in the Purchaser Agent Fee Letter) pursuant to the terms thereof.
7.Notices, etc.
All communications and notices provided for hereunder shall be provided in the manner described in Schedule 2 (Address and Notice Information) to the Receivables Transfer Agreement.
8.Execution in counterparts
This Amendment may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one and the same agreement.  Delivery of an executed counterpart of a signature page to this Amendment by facsimile or by electronic file in a format that is accessible by the recipient shall be effective as delivery of a manually executed counterpart of this Amendment.
9.Governing law; submission to jurisdiction
(i)This Amendment shall be governed by and construed in accordance with the law of the state of new york.
(ii)Each of the parties hereto hereby irrevocably and unconditionally submits, for itself and its property, to the non-exclusive jurisdiction of the Supreme Court of the State of New York sitting in the Borough of Manhattan and of the United States District Court for the Southern District of New York, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Amendment.  Each party hereto hereby irrevocably waives, to the fullest extent that it may legally do so, the defense of an inconvenient forum to the maintenance of such action or proceeding.  Each party hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be 
3

enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.
10.NO PROCEEDING; LIMITED RECOURSE
(i)Each of the parties hereto hereby agrees that (i) it will not institute against any Conduit Purchaser any proceeding of the type referred to in the definition of Event of Bankruptcy until there shall have elapsed two years plus one day since the Final Payout Date and (ii) notwithstanding anything contained herein or in any other Transaction Document to the contrary, the obligations of the Conduit Purchasers under the Transaction Documents are solely the corporate obligations of the Conduit Purchasers and shall be payable solely to the extent of funds which are received by the Conduit Purchasers pursuant to the Transaction Documents and available for such payment in accordance with the terms of the Transaction Documents and shall be non-recourse other than with respect to such available funds and, without limiting this Section 13, if ever and until such time as any Conduit Purchaser has sufficient funds to pay such obligation shall not constitute a claim against such Conduit Purchaser.
(ii)No recourse under any obligation, covenant or agreement of any Committed Purchaser or Conduit Purchaser contained in this Amendment or any other Transaction Document shall be had against any incorporator, stockholder, officer, director, member, manager, employee or agent of such Committed Purchaser or Conduit Purchaser by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Amendment and the other Transaction Documents are solely a corporate obligation of such Committed Purchaser or Conduit Purchaser, and that no personal liability whatever shall attach to or be incurred by any incorporator, stockholder, officer, director, member, manager, employee or agent of such Committed Purchaser or Conduit Purchaser or any of them under or by reason of any of the obligations, covenants or agreements of such Committed Purchaser or Conduit Purchaser contained in this Amendment or any other Transaction Document, or implied therefrom, and that any and all personal liability for breaches by such Committed Purchaser or Conduit Purchaser of any of such obligations, covenants or agreements, either at common law or at equity, or by statute, rule or regulation, of every such incorporator, stockholder, officer, director, member, manager, employee or agent is hereby expressly waived as a condition of and in consideration for the execution of this Amendment; provided that the foregoing shall not relieve any such Person from any liability it might otherwise have as a result of fraudulent actions taken or fraudulent omissions made by them. 
[Signature pages follow.]
4

IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year first above written.
BUNGE SECURITIZATION B.V., as Seller

By:  /s/ R.G. Hawley
Name:  R.G. Hawley 
Title:  Proxy Holder A

By: /s/ G.J. Aarnoudse 
Name:  G.J. Aarnoudse
Title:  Proxy Holder B

    Seventeenth Amendment to RTA

KONINKLIJKE BUNGE B.V., as Master Servicer and Subordinated Lender

By:/s/ Ayca Arisoy Kilic
Name:  Ayca Arisoy Kilic
Title:    Director 

By:/s/ J.J. Kloet
Name:  J.J. Kloet
Title:    Director 

    Seventeenth Amendment to RTA

BUNGE LIMITED, as Performance Undertaking Provider

By:/s/ John W. Neppl
Name:  John W. Neppl
Title:    CFO

By:/s/ Rajat Gupta
Name:  Rajat Gupta
Title:    Global Treasurer 

    Seventeenth Amendment to RTA

COÖPERATIEVE RABOBANK U.A., as Administrative Agent, Committed Purchaser and Purchaser Agent 

By:  /s/ Danilo Guaitolli
Name: Danilo Guaitolli
Title:   Director

By:/s/ J.J. van der Sluis
Name: J.J. van der Sluis
Title:   Executive Director 

    Seventeenth Amendment to RTA

CREDIT AGRICOLE CORPORATE & INVESTMENT BANK, as Committed Purchaser and Purchaser Agent 

By: /s/ Édouard Legrand
Name: Édouard Legrand

By: /s/ Yves Laurent Bion
Name: Yves Laurent Bion

    Seventeenth Amendment to RTA

MUFG Bank, Ltd. (f/k/a The Bank of Tokyo-Mitsubishi UFJ, Ltd.), as Committed Purchaser and Purchaser Agent 

By:/s/ Mark Escott
Name: Mark Escott
Title:   Head of Securitised Products & SCF

    Seventeenth Amendment to RTA

BNP PARIBAS, LONDON BRANCH, as Purchaser Agent 

By:/s/ Hadrien Schmidt 
Name: Hadrien Schmidt
Title:   Authorised Signatory 

    Seventeenth Amendment to RTA

						
	Signed for and on behalf of 
MATCHPOINT FINANCE PLC              

By: /s/ Lenka Lyons  
Name: Lenka Lyons
Title:  Director
	

   
    Seventeenth Amendment to RTA

ALBION CAPITAL CORPORATION S.A., as Conduit Purchaser

By: /s/ Luigi Maula
Name: Luigi Maula 
Title:  Director

By: /s/ Claudio Chirco
Name: Claudio Chirco 
Title:   Director 

    Seventeenth Amendment to RTADocument

EXHIBIT 10.16
			
	June 30, 2016
	(1)    BUNGE SECURITIZATION B.V., as Seller
(2)    BUNGE NORTH AMERICA CAPITAL, INC., as U.S. Intermediate Transferor
(3)    COÖPERATIEVE RABOBANK U.A. (F/K/A COÖPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.), as Italian Intermediate Transferor
(4)    KONINKLIJKE BUNGE B.V. (F/K/A BUNGE FINANCE B.V.), as Master Servicer
(5)    The Sub-Servicers party hereto
(6)    The Committed Purchasers party hereto 
(7)    COÖPERATIEVE RABOBANK U.A. (F/K/A COÖPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.), as Administrative Agent

	SECOND AMENDMENT TO THE SERVICING AGREEMENT

        US_ACTIVE-127446386.2-765585-00238

Contents
Clause        Page

1.    Definitions and interpretation    2
2.    Amendment of the Servicing Agreement    2
3.    Representations    2
4.    Continuance    2
5.    Further Assurance    2
6.    Conditions Precedent    2
7.    Notices, etc    3
8.    Execution in counterparts    3
9.    Governing law; submission to jurisdiction    3
10.    No proceeding; limited recourse    3
Exhibits 
EXHIBIT A-1    Form of Monthly Report
EXHIBIT A-2     Form of Weekly Report
EXHIBIT A-3     Form of Outstanding Receivables Report
EXHIBIT A-4     Table of Average Travel Times

1

THIS SECOND AMENDMENT TO THE SERVICING AGREEMENT (this “Amendment”) is dated June 30, 2016 and made between:
(1)    BUNGE SECURITIZATION B.V., as Seller (the “Seller”);
(2)    BUNGE NORTH AMERICA CAPITAL, INC., as U.S. Intermediate Transferor (the “U.S. Intermediate Transferor”);
(3)    COÖPERATIEVE RABOBANK U.A. (F/K/A COÖPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.), as Italian Intermediate Transferor (the “Italian Intermediate Tranferor”);
(4)    KONINKLIJKE BUNGE B.V. (F/K/A BUNGE FINANCE B.V.), as Master Servicer (the “Master Servicer”);
(5)    The Sub-Servicers party hereto (the “Sub-Servicers”);
(6)    The Committed Purchasers party hereto (the “Committed Purchasers”); and
(7)    COÖPERATIEVE RABOBANK U.A. (F/K/A COÖPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.), as Administrative Agent (the “Administrative Agent”),
    the Seller, the U.S. Intermediate Transferor, the Italian Intermediate Transferor, the Master Servicer, the Sub-Servicers, the Committed Purchasers and the Administrative Agent are hereinafter collectively referred to as the “Parties” and each of them a “Party”.
BACKGROUND:
(A)    This Amendment is supplemental to and amends the servicing agreement, dated June 1, 2011 (as amended and restated on May 26, 2016), made among the Parties to this Amendment (the "Servicing Agreement").
(B)    The Parties have agreed to amend the Servicing Agreement on the terms set out below. 
(C)    This Amendment is a Transaction Document as defined in the Receivables Transfer Agreement, dated June 1, 2011, as amended on May 24, 2012, July 25, 2012, April 23, 2013, May 28, 2013, March 14, 2014 and June 30, 2016 and as amended and restated on May 27, 2014, as further amended and restated on May 22, 2015, and as further amended and restated on May 26, 2016, among the Seller, the Master Servicer, the persons from time to time party thereto as Conduit Purchasers, the persons from time to time party thereto as Committed Purchasers, the persons from time to time party thereto as Purchaser Agents, Coöperatieve Rabobank U.A., as the Administrative Agent and Purchaser Agent, and Bunge Limited, as Performance Undertaking Provider  (the “Receivables Transfer Agreement”). 

IT IS AGREED that:
1.    Definitions and interpretation
Unless otherwise defined herein, capitalized terms which are used herein shall have the meanings assigned to such terms in Section 1.1 (Certain defined terms) of the Receivables Transfer Agreement.  The principles of interpretation set forth in Section 1.2 (Other terms) and 1.3 (Computation of time periods) of the Receivables Transfer Agreement shall apply to this Amendment as if fully set forth herein.
2.    Amendment of the SERVICING Agreement
With effect from the Amendment Effective Date (as such term is defined in Clause 6 (Conditions Precedent)), the Servicing Agreement shall be amended as follows:
(a)    Exhibits A-1, A-2 and A-3 shall be replaced in their entirety with the Exhibits A-1, A-2 and A-3 attached hereto.
(b)    Section 2.3(e) shall be replaced in its entirety as follows:
(e) Reporting of Average Travel Times.  On or before the sixteenth (16th) day of each calendar month or, if such day is not a Business Day, the immediately following Business Day, the Master Servicer shall deliver to the Administrative Agent a report in the form of Exhibit A-4, based on information for the preceding three calendar months and the Administrative Agent shall promptly forward such report to the Purchaser Agents. The average travel times for each origin/destination combination for the preceding three months as reported in Exhibit A-4 will be the basis for determining the date on which Destination Sales Receivables are sold to the U.S. Intermediate Transferor under the U.S. Receivables Purchase Agreement and the Seller under the Canadian Receivables Purchase Agreement.
3.    REPRESENTATIONS
The Master Servicer represents and warrants to the other Parties hereto that, after giving effect to this Amendment, each of its representations and warranties set forth in the Servicing Agreement, as such representations and warranties apply to the Master Servicer, is true and correct in all material respects on and as of the date hereof as though made on and as of such date except for representations and warranties stated to refer to a specific earlier date, in which case such representations and warranties are true and correct as of such earlier date.
4.    Continuance
The Parties hereby confirm that the provisions of the Servicing Agreement and the other Transaction Documents shall continue in full force and effect, subject only to the amendments effected thereto by this Amendment. 
2

5.    Further Assurance
The Parties shall, upon request of the Administrative Agent, and at the cost of the Seller, do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected by this Amendment.  Each of the Parties thereto hereby ratifies and confirms each of the Transaction Documents to which it is a party. 
6.    CONDITIONS PRECEDENT
This Amendment shall become effective as of the date first above written upon receipt by the Administrative Agent of counterparts of this Amendment duly executed by each of the Parties (the “Amendment Effective Date”).
7,    Notices, etc.
All communications and notices provided for hereunder shall be provided in the manner described in Schedule 2 (Address and Notice Information) to the Receivables Transfer Agreement.
8.    Execution in counterparts
This Amendment may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one and the same agreement.  Delivery of an executed counterpart of a signature page to this Amendment by facsimile or by electronic file in a format that is accessible by the recipient shall be effective as delivery of a manually executed counterpart of this Amendment.
9.    Governing law; submission to jurisdiction
This Amendment shall be governed by and construed in accordance with the law of the state of new york.
Each of the parties hereto hereby irrevocably and unconditionally submits, for itself and its property, to the non-exclusive jurisdiction of the Supreme Court of the State of New York sitting in the Borough of Manhattan and of the United States District Court for the Southern District of New York, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Amendment.  Each party hereto hereby irrevocably waives, to the fullest extent that it may legally do so, the defense of an inconvenient forum to the maintenance of such action or proceeding.  Each party hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.
10.    NO PROCEEDING; LIMITED RECOURSE
Each of the parties hereto hereby agrees that (i) it will not institute against any Conduit Purchaser any proceeding of the type referred to in the definition of Event of Bankruptcy until there shall 
3

have elapsed two years plus one day since the Final Payout Date and (ii) notwithstanding anything contained herein or in any other Transaction Document to the contrary, the obligations of the Conduit Purchasers under the Transaction Documents are solely the corporate obligations of the Conduit Purchasers and shall be payable solely to the extent of funds which are received by the Conduit Purchasers pursuant to the Transaction Documents and available for such payment in accordance with the terms of the Transaction Documents and shall be non-recourse other than with respect to such available funds and, without limiting this Section 10, if ever and until such time as any Conduit Purchaser has sufficient funds to pay such obligation shall not constitute a claim against such Conduit Purchaser.
No recourse under any obligation, covenant or agreement of any Conduit Purchaser contained in this Amendment or any other Transaction Document shall be had against any incorporator, stockholder, officer, director, member, manager, employee or agent of such Conduit Purchaser by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Amendment and the other Transaction Documents are solely a corporate obligation of such Conduit Purchaser, and that no personal liability whatever shall attach to or be incurred by any incorporator, stockholder, officer, director, member, manager, employee or agent of such Conduit Purchaser or any of them under or by reason of any of the obligations, covenants or agreements of such Conduit Purchaser contained in this Amendment or any other Transaction Document, or implied therefrom, and that any and all personal liability for breaches by such Conduit Purchaser of any of such obligations, covenants or agreements, either at common law or at equity, or by statute, rule or regulation, of every such incorporator, stockholder, officer, director, member, manager, employee or agent is hereby expressly waived as a condition of and in consideration for the execution of this Amendment; provided that the foregoing shall not relieve any such Person from any liability it might otherwise have as a result of fraudulent actions taken or fraudulent omissions made by them.
[Signature pages follow.]
4

IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year first above written.

KONINKLIJKE BUNGE B.V., as Master Servicer

By: /s/ J.J. Kloet
Name: J.J. Kloet
Title: Director 

By: /s/ A.J. de Lange
Name: A.J. de Lange
Title: Director 

BUNGE SECURITIZATION B.V., as Seller

By:/s/ R. Jacobs
Name: R. Jacobs
Title: Proxy Holder B

By:/s/ C. Helspot – van Riemsdijk
Name: C. Helspot – van Riemsdijk
Title: Proxy Holder A

[Signature to Second Amendment to the Servicing Agreement]

COÖPERATIEVE RABOBANK U.A., as Administrative Agent, Committed Purchaser and Italian Intermediate Transfer

By:/s/ Eugene Van Esveld
Name: Eugene Van Esveld
Title:   MD

By:/s/ Jennifer Vervoorn
Name: Jennifer Vervoorn
Title:   Director 

[Signature to Second Amendment to the Servicing Agreement]

BUNGE NORTH AMERICA CAPITAL, INC., as U.S. Intermediate Transferor

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 

[Signature to Second Amendment to the Servicing Agreement]

CRÉDIT AGRICOLE CORPORATE & INVESTMENT BANK, as Committed Purchaser

By: /s/ Édouard Legrand
Name: Édouard Legrand

By:/s/ Christophe Boband
Name: Christophe Boband

[Signature to Second Amendment to the Servicing Agreement]

MATCHPOINT FINANCE PLC, as Committed Purchaser

By:/s/ Adrian Masterson
Name: Adrian Masterson
Title: Director

[Signature to Second Amendment to the Servicing Agreement]

BUNGE NORTH AMERICA, INC., as Sub-Servicer

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 

BUNGE OILS, INC., as Sub-Servicer

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 

[Signature to Second Amendment to the Servicing Agreement]

BUNGE NORTH AMERICA (EAST), LLC, as Sub-Servicer

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 

[Signature to Second Amendment to the Servicing Agreement]

BUNGE MILLING, INC., as Sub-Servicer

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 
                        BUNGE MILLING, LLC, as Sub-Servicer
[Signature to Second Amendment to the Servicing Agreement]

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 

[Signature to Second Amendment to the Servicing Agreement]

BUNGE NORTH AMERICA (OPD WEST), INC., as Sub-Servicer

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 

[Signature to Second Amendment to the Servicing Agreement]

BUNGE CANADA, as Sub-Servicer

By:/s/ Matthew S. Davis
Name: Matthew S. Davis
Title: Treasurer 

[Signature to Second Amendment to the Servicing Agreement]

WALTER RAU LEBENSMITTELWERKE GMBH, as Sub-Servicer

By:/s/ Thomas Mussweiler
Name: Thomas Mussweiler
Title: Managing Director 

By:/s/ Manfred Huebschmann
Name: Manfred Huebschmann
Title: Managing Director  

[Signature to Second Amendment to the Servicing Agreement]

BUNGE ITALIA S.P.A., as Sub-Servicer

By:/s/ Alessandro Vitiello
Name: Alessandro Vitiello 
Title: Chief Executing Officer 

[Signature to Second Amendment to the Servicing Agreement]

BUNGE IBÉRICA PORTUGAL, S.A., as Sub-Servicer

By:/s/ Joac Roba
Name: Joac Roba
Title: Attorney 

By:/s/ Goncalo Brito
Name: Goncalo Brito
Title: Attorney 

                        BUNGE IBÉRICA, S.A.U., as Sub-    Servicer
[Signature to Second Amendment to the Servicing Agreement]

By:/s/ Javier Masso
Name: Andres Martin 
Title: Vice President Southern Europe  

By:/s/ Nicola Chiaranda  
Name: Nicola Chiaranda  
Title: CFO Southern Europe  

[Signature to Second Amendment to the Servicing Agreement]

THE BANK OF TOKYO-MITSUBISHI UFJ,
LTD., as Committed Purchaser

By:/s/ Mark Escott
Name: Mark Escott
Title: Head of Securitisation 

[Signature to Second Amendment to the Servicing Agreement]

EXHIBIT A-1
FORM OF MONTHLY REPORT
(Attached)

EXHIBIT A-2
FORM OF WEEKLY REPORT
(Attached)

        US_ACTIVE-127446386.2-765585-00238

EXHIBIT A-3
FORM OF OUTSTANDING RECEIVABLES REPORT
(Attached)

        US_ACTIVE-127446386.2-765585-00238

EXHIBIT A-4
TABLE OF AVERAGE TRAVEL TIMES
[●]
        US_ACTIVE-127446386.2-765585-00238

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