Document:

Exhibit

Exhibit 10.4

CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

AMENDMENT NO. 5 TO SERVICING AGREEMENT

THIS AMENDMENT NO. 5 TO SERVICING AGREEMENT (this “Amendment”) is made effective as of September 27, 2018 by and between GreenSky, LLC, a Georgia limited liability company (“Servicer”), and Fifth Third Bank, an Ohio-chartered, FDIC-insured bank (“Lender”).  Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Servicing Agreement (as defined herein).
WITNESSETH:
WHEREAS, Lender and Servicer have previously entered into that certain Servicing Agreement dated as of August 25, 2016, as amended (collectively, the “Servicing Agreement”); 
WHEREAS, Lender and Servicer desire to further amend the Servicing Agreement as set forth herein; 
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lender and Servicer hereby agree as follows:
1.    Effective as of September 27, 2018, the Servicing Agreement is hereby amended as follows:
a.    A new definition “Relevant Charged-Off Loans” is hereby inserted in Section 1.01 in alphabetical order as follows: 

“Relevant Charged-Off Loans” means [*****]” 

b.     Section 3.01(b) of the Servicing Agreement is hereby amended by deleting Section 3.01(b)(vi) and substituting the following in lieu thereof:

“(vi) [*****]”

c.    Section 3.01(f) of the Servicing Agreement is hereby deleted in its entirety and the following is substituted in lieu thereof:

“(f)    [*****]”
d.    Section 3.01 of the Servicing Agreement is hereby amended by adding the following as a new Section 3.01(g) immediately after Section 3.01(f):

“(g)    [*****]”

2.    Except as expressly amended hereby, the Servicing Agreement shall remain in full force and effect.

 

CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

3.     For the avoidance of doubt, pursuant to Section 7.07 of the Servicing Agreement, this Amendment does not constitute a waiver of any rights, remedies, powers or privileges of the Parties. 
4.    This Amendment may be executed and delivered by Lender and Servicer in facsimile or PDF format and in any number of separate counterparts, all of which, when delivered, shall together constitute one and the same document.

 

CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

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

SERVICER:

GREENSKY, LLC

By:     /s/ Robert Partlow            
Name:    Robert Partlow
Title:    CFO

    

LENDER:

FIFTH THIRD BANK

By:     /s/ Ben Hoffman            
Name:    Ben Hoffman
Title:    SVP, Digital Lending

By:     /s/ Marybeth McManus        
Name:    Marybeth McManus
Title:    SVP, Business Controls DirectorExhibit

Exhibit 10.5

EXECUTION VERSION

CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

FIFTH AMENDMENT TO SERVICING AGREEMENT

THIS FIFTH AMENDMENT TO SERVICING AGREEMENT (this “Amendment”) is made as of September 27, 2018 by and between GreenSky, LLC (f/k/a GreenSky Trade Credit, LLC), a Georgia limited liability company (“Servicer”), and Synovus Bank, a Georgia state-chartered bank (“Lender”).  Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Servicing Agreement (as defined herein).
WITNESSETH:
WHEREAS, Lender and Servicer have previously entered into that certain Servicing Agreement dated as of August 4, 2015, as amended (the “Servicing Agreement”);
WHEREAS, on or about the date hereof, Lender is entering into one or more purchase agreements to acquire groups of loans originated by a financial institution other than Lender through the lending program administered by Servicer and, in connection therewith, Lender and Servicer have agreed to treat such acquired loans as if they were initially originated under the Origination Agreement and serviced at all times under the Servicing Agreement except as otherwise set forth in the applicable purchase agreement and as otherwise set forth in this Amendment; and
WHEREAS, Lender and Servicer desire to amend the Servicing Agreement as set forth herein; 
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lender and Servicer hereby agree as follows:
1.     Effective as of the Effective Date, the Servicing Agreement is hereby amended as follows:
a.    Section 1.01 of the Servicing Agreement is hereby amended by deleting the definition of “2018 Acquired Loans” set forth therein and inserting the following in lieu thereof:
““2018 Acquired Loans” shall mean: (a) the “Loans” as defined in that certain Purchase and Sale Agreement between Lender, Servicer and [*****] dated as of February 28, 2018, and (b) the May 2018 Acquired Loans, and (c) the September 2018 Acquired Loans.”
b.    Section 1.01 of the Servicing Agreement is hereby amended by adding the following definition in alphabetical order:
““September 2018 Acquired Loans” shall mean the “Loans” as defined in that certain Purchase and Sale Agreement between Lender, Servicer and [*****] dated as of September 27, 2018.”
c.     Section 1.01 of the Servicing Agreement is hereby amended by deleting the definition of “Promotional Loans” set forth therein and inserting the following in lieu thereof:
““Promotional Loans” shall mean each Loan for the greater of (i) 12 months from the date of initial funding, (ii) in the case of a deferred or interest only Loan, the duration of the deferred or interest 

CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

only period (not to exceed 24 months) or (iii) in the case of a May 2018 Acquired Loan or a September 2018 Acquired Loan, 12 months from the date such Loan was acquired, for purposes of calculating the Bank Margin.”
d.    Section 3.01(e) of the Servicing Agreement is hereby amended by deleting the first sentence thereof and inserting the following in lieu thereof: 
“[*****]”

e.    Section 3.0l(e)(iv) of the Servicing Agreement is hereby amended by deleting the definition of “[*****]” set forth therein and inserting the following in lieu thereof: 
“[*****]”

f.    The definition of “[*****]” in Section 3.02 of the Servicing Agreement is hereby amended by adding the following at the end thereof: 
“[*****]”
2.    Except as expressly amended hereby, the Servicing Agreement shall remain in full force and effect.
3.    This Amendment may be executed and delivered by Lender and Servicer in facsimile or PDF format and in any number of separate counterparts, all of which, when delivered, shall together constitute one and the same document.

[Signature page follows]

CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

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

SERVICER:

GREENSKY, LLC

By:     /s/ Timothy D. Kaliban            
(Signature)

Name:    Timothy D. Kaliban            
(Print Name)

Title:    President                

    

LENDER:

SYNOVUS BANK

By:     /s/ Christopher Pyle            
(Signature)

Name:    Christopher Pyle            
(Print Name)

Title:    Group ExecutiveExhibit

Exhibit 10.6
CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

SIXTH AMENDMENT TO LOAN ORIGINATION AGREEMENT 

THIS SIXTH AMENDMENT TO LOAN ORIGINATION AGREEMENT (this “Amendment”) is made as of September 5, 2018 (the “Effective Date”) by and between GreenSky, LLC (f/k/a GreenSky Trade Credit, LLC), a Georgia limited liability company (“Servicer”), and Synovus Bank, a Georgia state-chartered bank (“Lender”).  Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Origination Agreement (as defined herein).
WITNESSETH:
WHEREAS, Lender and Servicer have previously entered into that certain Origination Agreement dated as of August 4, 2015, as amended (the “Origination Agreement”); and
WHEREAS, Lender and Servicer desire to amend the Origination Agreement as set forth herein; 
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lender and Servicer hereby agree as follows:
1.    Effective as of the Effective Date, the Origination Agreement is hereby amended as follows:
a.    Section 2.01(a)(i) of the Origination Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof:
“(i)    Subject to the terms and conditions hereof, Lender will fund newly originated Loans for the Program Sponsor’s customers identified by Servicer that meet the Underwriting Criteria up to a limit of $[*****] ($[*****].00) in aggregate outstanding principal balances at any time (the “Commitment Amount”); provided, however, that, unless otherwise agreed in writing by the Lender, [*****].  The Commitment Amount may be increased in accordance with the mutual agreement of Lender and Servicer as evidenced by a written agreement.  Loans shall be funded at 100% of par of the Loan.”
2.    Except as expressly amended hereby, the Origination Agreement shall remain in full force and effect.
3.    This Amendment may be executed and delivered by Lender and Servicer in facsimile or PDF format and in any number of separate counterparts, all of which, when delivered, shall together constitute one and the same document.

CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

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

SERVICER:

GREENSKY, LLC

By:     /s/ Gerald R. Benjamin            
(Signature)

Name:    Gerald R. Benjamin            
(Print Name)

Title:    Vice Chairman                

    

LENDER:

SYNOVUS BANK

By:     /s/ Christopher Pyle            
(Signature)

Name:    Christopher Pyle            
(Print Name)

Title:    Group Executive

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00289-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00289-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00289-of-00352.parquet"}]]