Document:

Exhibit

Exhibit 10.1

AMENDMENT NUMBER SIX
to the
SECOND AMENDED AND RESTATED  
MASTER REPURCHASE AGREEMENT
dated as of January 29, 2016
between
BARCLAYS BANK PLC
and
NATIONSTAR MORTGAGE LLC
This AMENDMENT NUMBER SIX (this “Amendment”) is made as of this 29th day of May, 2018, by and between Barclays Bank PLC (“Purchaser” and “Agent”) and Nationstar Mortgage LLC (“Seller”), to that certain Second Amended and Restated Master Repurchase Agreement, dated as of January 29, 2016 (as amended by that certain Amendment Number One to the Second Amended and Restated Master Repurchase Agreement, dated as of June 24, 2016, Amendment Number Two to the Second Amended and Restated Master Repurchase Agreement, dated as of October 17, 2016, Amendment Number Three to the Second Amended and Restated Master Repurchase Agreement, dated as of October 31, 2016, Amendment Number Four to the Second Amended and Restated Master Repurchase Agreement, dated as of October 30, 2017, and Amendment Number Five to the Second Amended and Restated Master Repurchase Agreement, dated as of March 22, 2018, and as further amended, restated, supplemented or otherwise modified from time to time, the “Repurchase Agreement”), by and among Seller, Agent and Purchaser.
WHEREAS, Purchaser, Agent and Seller have agreed to amend the Repurchase Agreement as more particularly set forth herein;
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and for the mutual covenants herein contained, the parties hereto hereby agree as follows:  
SECTION 1.Amendments. Effective as of the Effective Date, the Repurchase Agreement is hereby amended as follows:
(a)    Section 2(a) of the Repurchase Agreement is hereby amended by deleting the defined term “Special Loan” in its entirety and replacing it with the following:
“Special Loan” means a (i) Fannie Mae Non-Traditional Loan or (ii) New Construction One-Time Close Loan.
(b)    Section 2(a) of the Repurchase Agreement is hereby amended by adding the following defined term “New Construction One-Time Close Loan” in its proper alphabetical sequence:
“New Construction One-Time Close Loan” means a Ginnie Mae Mortgage Loan, Fannie Mae Mortgage Loan or Freddie Mac Mortgage Loan that is in Strict Compliance with the eligibility requirements of the Ginnie Mae Program, Fannie Mae Program or Freddie Mac 

Program, as applicable, created to serve borrowers to single-close construction-to-permanent financing transactions, as such program may be amended, supplemented or otherwise modified, from time to time.
SECTION 2.Fees and Expenses. Seller agrees to pay to Purchaser all fees and out of pocket expenses incurred by Purchaser and Agent in connection with this Amendment, including all reasonable fees and out of pocket costs and expenses of the legal counsel to Purchaser and Agent incurred in connection with this Amendment, in accordance with Section 23(a) of the Repurchase Agreement.
SECTION 3.Defined Terms.  Any terms capitalized but not otherwise defined herein should have the respective meanings set forth in the Repurchase Agreement.
SECTION 4.Conditions to Effectiveness of this Amendment.  This Amendment shall become effective on the day (the “Effective Date”) when Seller shall have paid or delivered, as applicable, to Purchaser all of the following fees, expenses, documents and instruments, each of which shall be in form and substance acceptable to Purchaser:
(a)    all accrued and unpaid fees and expenses owed to Purchaser in accordance with the Facility Documents, in each case, in immediately available funds, and without deduction, set-off or counterclaim; 

(b)    a copy of this Amendment duly executed by each of the parties hereto;
 
(c)    a copy of the Amendment Number Four to the Pricing Side Letter, dated as of the date hereof, duly executed by each of the parties thereto; and

(d)    any other documents reasonably requested by Purchaser or Agent on or prior to the date hereof.

SECTION 5.Limited Effect.  Except as amended hereby, the Repurchase Agreement shall continue in full force and effect in accordance with its terms.  Reference to this Amendment need not be made in the Repurchase Agreement or any other instrument or document executed in connection therewith, or in any certificate, letter or communication issued or made pursuant to, or with respect to, the Repurchase Agreement, any reference in any of such items to the Repurchase Agreement being sufficient to refer to the Repurchase Agreement as amended hereby.
SECTION 6.Representations.  In order to induce Purchaser and Agent to execute and deliver this Amendment, Seller hereby represents to Purchaser and Agent that as of the date hereof, (i) Seller is in full compliance with all of the terms and conditions of the Program Documents and remains bound by the terms thereof, and (ii) no Default or Event of Default has occurred and is continuing under the Program Documents.
SECTION 7.Governing Law.  This Amendment and the rights and obligations of the parties hereunder shall be construed in accordance with and governed by the laws of the State of New York, 

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without regard to principles of conflict of laws (other than Sections 5-1401 and 5‐1402 of the New York General Obligations Law which shall be applicable).
SECTION 8.Counterparts.  For the purpose of facilitating the execution of this Amendment, and for other purposes, this Amendment may be executed simultaneously in any number of counterparts.  Each counterpart shall be deemed to be an original, and all such counterparts shall constitute one and the same instrument.  The parties intend that faxed signatures and electronically imaged signatures such as .pdf files shall constitute original signatures and are binding on all parties. The original documents shall be promptly delivered, if requested.
[REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK] 

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IN WITNESS WHEREOF, Purchaser, Agent and Seller have caused their names to be duly signed to this Amendment by their respective officers thereunto duly authorized, all as of the date first above written.
BARCLAYS BANK PLC, 
as Purchaser and Agent
By: /s/ Ellen Kierman 
Name: Ellen Kierman 
Title: Director
NATIONSTAR MORTGAGE LLC, 
as Seller
By: /s/ Jeffrey Neufeld 
Name: Jeffrey Neufeld 
Title: Senior Vice President & Treasurer

Signature Page to Amendment No. 6 to Second A&R MRAFiled by Avantafile.com - I-Minerals Inc. - Exhibit 10.15

THIS THIRD AMENDING AGREEMENT
is made as of March 20, 2018.

AMONG:

	 	
I-Minerals Inc., a body corporate, continued under the laws of Canada, having its head office at Suite 880 – 580 Hornby Street, Vancouver, British Columbia, Canada V6C 3B6

	 	(hereinafter called the “Company”)

OF THE FIRST PART

AND:

	 	
i-minerals USA Inc., an Idaho limited liability company, having an office c/o the Company, at Suite 880 – 580 Hornby Street, Vancouver, British Columbia, Canada V6C 3B6

	 	(hereinafter called the “Subsidiary”)

OF THE SECOND PART

AND:

	 	
BV Lending, LLC, an Idaho limited liability company, having its head office at Suite 201 – 901 Pier View Drive, Idaho Falls, Idaho, U.S.A. 83402

	 	(hereinafter called “BV”)

OF THE THIRD PART

WHEREAS:

	A.
	       Pursuant to an agreement among the parties dated June 1, 2016, as amended by an amending agreement dated October 25, 2017 (hereinafter called the “First Amending Agreement”), as further amended by an amending agreement dated January 19, 2018 (hereinafter called the “Second Amending Agreement”), with the loan agreement dated June 1, 2016, as amended by the First Amending Agreement and the Second Amending Agreement hereinafter collectively called the “Loan Agreement”, BV agreed to advance certain funds to the Company to advance its Bovill Kaolin Project located in the State of Idaho, U.S.A.;

	B.
	       The parties wish to further amend certain of the provision of the Loan Agreement on the terms and conditions hereinafter set forth;

	C.
	       The Subsidiary is a wholly-owned subsidiary of the Company and is the legal owner of the Helmer Bovill Property hosting the Bovill Kaolin Project in the State of Idaho, U.S.A., as referred to in Recital A. herein;

 2

NOW THEREFORE
THIS THIRD AMENDING AGREEMENT WITNESSETH  that in
consideration of these presents and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged by each of the
parties, the parties hereby agree as follows:

	1.
	        BV hereby agrees to advance up to an additional $880,000 in cash to the Company in accordance with the revised Schedule A to the Loan Agreement, as set forth in paragraph 2 herein.

	2.
	        Schedule A to the Loan Agreement is amended to read as follows:

SCHEDULE A 

	
  2016  
	 	 	 	 	 	 	 	 	 
	
  Actual  	 	
  June  	
  July  	
  August  	
  September  	
  October  	
  November  	
  December  
	 	 	
  $300,000  	
  $300,000  	
  $200,000  	
  $300,000  	
  $145,000  	
  $175,000  	
  Nil  
	 
	
  2017  
	 	 	 	 	 	 	 	 	 
	
  Actual  	 	
  January  	
  February  	
  March  	
  April  	
  May  	
  June  	
  July  
	 	 	
  Nil  	
  $125,000  	
  $120,000  	
  $150,000  	
  Nil  	
  $130,000  	
  $120,000  
	 	 	 	 	 	 	 	 	 
	 	 	
  August  	
  September  	
  October  	
  November  	
  December  	 	 
	 	 	
  $150,000  	
  $150,000  	
  $200,000  	
  $200,000  	
  $200,000  	 	 
	 	 	 	 	 	 	 	 	 	 

	
  2018  
	 	 	 	 	 	 	 	 	 
	
  Actual  	 	
  January  	 	 	 	 	 	 
	 	 	
  $200,000  	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 
	
  Budget  	 	
  March  	
  April  	
  May  	
  June  	 	 	 
	 	 	
  $225,000  	
  $250,000  	
  $255,000  	
  $150,000  	 	 	 

	3.
	        Capitalized terms used herein and not otherwise defined have the same meanings as contained in the Loan Agreement.

	4.
	        Except as amended by this Third Amending Agreement, all of the other terms and conditions of the Loan Agreement remain in full force and effect.

	5.
	        Each of the parties agrees to do and/or execute all such further and other acts, deeds, things, devices, documents and assurances and may be required in order to carry out the true intent and meaning of this Third Amending Agreement.

	6.
	        This Third Amending Agreement and any certificate or other writing delivered in connection herewith may be executed in any number of counterparts and any party hereto may execute any counterpart, each of which when executed and delivered will be deemed to be an original and all of which counterparts of this Third Amending Agreement or such other writing, as the case may be, taken together, will be deemed to be one and the same instrument.  The execution of this Third Amending Agreement or any other writing by any party hereto will not become effective until each party hereto has executed a counterpart of this Third Amending Agreement or any other writing, as the case may be.

 

 
	 	DATED:        March 20, 2018	 
	 	 	 
	 	 	 
	 	Among:

      I-Minerals Inc.

      OF THE FIRST PART

      And:

      i-minerals USA Inc.

      OF THE SECOND PART

      And:

      BV Lending, LLC

    OF THE THIRD PART
	 
	 	 	 
	 	 	 
	 	THIRD AMENDING AGREEMENT (TO LOAN AGREEMENT DATED JUNE 1, 2016, AS AMENDED BY THE FIRST AMENDING AGREEMENT DATED
OCTOBER 25, 2017 AND BY THE SECOND AMENDING AGREEMENT DATED JANUARY 19, 2018)	 
	 	 	 
	 	 	 
	 	Tupper Jonsson & Yeadon

          1710 - 1177 West Hastings Street

          Vancouver, B. C.

          V6E 2L3

    Telephone: (604) 640-6355

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