EX-10.2 3 d149886dex102.htm EX-10.2 EX-10.2

Exhibit 10.2

PURCHASE AND SALE AGREEMENT

This PURCHASE AND SALE AGREEMENT (the “Agreement”) is made and entered into as of September 30, 2015, by and between GREENBRIER LEASING COMPANY LLC, an Oregon limited liability company (“Purchaser”), and WL ROSS-GREENBRIER RAIL I LLC, a Delaware limited liability company (“Seller”)

RECITALS

Seller owns certain railcars (the “Cars”), as more particularly described in Exhibit A; and

The Cars have been leased to the lessees identified in Exhibit A (each individually, a “Lessee”), pursuant to those certain riders and schedules evidencing the lease in respect of the Cars identified therein, incorporating the terms of the applicable related master lease agreement identified in Exhibit A (each rider or schedule individually, a “Schedule” and, together with the applicable Master Lease Agreement as it pertains to such Schedule, a “Lease,” and each Lease and the other operative documents related thereto (including any and all amendments, supplements and modifications) identified in Exhibit A as they pertain to the Cars, collectively, the “Operative Documents”); and

Seller, as borrower, entered into a Senior Loan Agreement, dated as of April 27, 2010, among Australia and New Zealand Banking Group Limited as agent (“ANZ”), and each other of the senior lenders from time to time a party thereto (as amended, the “Senior Loan Agreement”) pursuant to which certain accounts (as more completely described in Exhibit B to this Agreement, the “Accounts”) were established under the Security Agreement and Senior Loan Documents (as defined in the Senior Loan Agreement) associated therewith; and

The Leases, the other Operative Documents, and the Cars and the Accounts are hereinafter collectively referred to as the “Assets”; and

Purchaser desires to acquire from Seller and Seller desires to sell to Purchaser the Cars and Purchaser is willing to assume certain of Seller’s rights and obligations under the Operative Documents and Accounts and Seller desires to assign certain of Seller’s rights and obligations under the Operative Documents and Accounts; and

The consummation of the transactions contemplated by this Agreement will occur simultaneously with the release of liens of the Senior Loan Parties as defined in, and in accordance with, that certain payoff agreement (the “Payoff Agreement”) dated as of September 30, 2015 among the Seller, ANZ, Landesbank Baden-Wuttemberg, and Wells Fargo Bank Northwest , National Association (“Wells Fargo”).

 

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NOW, THEREFORE, in consideration of the premises and subject to the terms and conditions herein set forth, the parties hereto agree as follows:

1. Purchase and Sale of Cars and Assignment and Assumption of Rights and Obligations.

1.1 Purchase and Sale of Cars. Subject to the terms and conditions of this Agreement and on the basis of the representations and warranties and other facts contained herein, Purchaser shall purchase all of Seller’s rights, title and interest in and to the Cars from Seller free and clear of all liens and encumbrances of any nature in one Closing described in Section 1.5 of this Agreement; provided, however, that the parties acknowledge that the Lessees under the Operative Documents have certain rights in the Cars and the Leases, and certain liens may be permitted under the Operative Documents.

1.2 Assignment and Assumption of Lease Rights and Obligations. Subject to the terms and conditions of this Agreement and the Assignment and Assumption Agreement dated as of the date hereof between Seller as Assignor and Purchaser as Assignee substantially in the form set forth on Exhibit C hereto (the “Assignment Agreement”), Seller shall assign and transfer and Purchaser shall assume and acquire, as of, and subsequent to, the Closing Date, all of the rights, duties and obligations of Assignor under the Operative Documents, subject to the reserves and distributions contemplated under the Termination Agreement by and between Purchaser and WLR-Greenbrier Rail Inc. providing for termination of certain agreements and the reserve and distribution of certain funds (the “Termination Agreement’) (the “Lease Rights and Obligations”).

1.3 Assignment and Assumption of Account Rights and Obligations. Subject to the terms and conditions of this Agreement, and further subject to execution of the Payoff Agreement and the Termination Agreement, Seller shall assign and Purchaser shall assume and acquire, as of, and subsequent to, the Closing Date, all of the rights, duties and obligations of Assignor with respect to the Accounts (the “Account Rights and Obligations”) as contemplated in the Payoff Agreement, with the understanding Seller will assume expenses associated with the Accounts for periods on and after December 15, 2015 (the Lease Rights and Obligations together with the Account Rights and Obligations shall be referred to herein collectively as the “Rights and Obligations”).

1.4 Assignment Agreement, Assignment of Account Rights and Bill of Sale. Purchaser’s purchase of the Assets and assumption of the Rights and Obligations shall be evidenced by the execution and delivery by Seller and Purchaser of this Agreement, the Assignment Agreement, assignment of Account rights as contemplated under the Payoff Agreement, and the execution and delivery by Seller to Purchaser of a Bill of Sale for the Cars substantially in the form set forth in Exhibit D hereto (the “Bill of Sale”) reflecting a complete list of all of the Cars by mark and numbers.

1.5 Closing. Upon the performance of all covenants and obligations and upon satisfaction or waiver of all conditions set forth in this Agreement, the transactions contemplated by this Agreement shall be consummated in one closing (the “Closing”). The Closing will occur on September 30, 2015, or on such other date and at such time as the parties may mutually agree (such date of Closing the “Closing Date”). In the event that any signature pages to this Agreement or any other document or agreement to be executed and delivered in connection herewith are executed and delivered prior to the Closing Date, such signature pages shall be held in escrow pending the Closing and verbal instructions from the relevant party authorizing the

 

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same at Closing. If the Closing has not occurred by October 6, 2015, (i) no Rights or Obligations of Seller in, to and under the applicable Assets shall be deemed to have been sold, assigned, transferred or conveyed by Seller to Purchaser and Purchaser shall promptly return to Seller all documents delivered by Seller to Purchaser evidencing such sale, assignment, transfer and conveyance of such Assets, (ii) Seller shall have no obligation to sell the applicable Assets to Purchaser and Purchaser shall have no obligation to Purchase the Assets from Seller, and (iii) no Rights and Obligations shall be deemed to have been assigned or transferred by Seller to Purchaser.

1.6 Purchase Price. The purchase price for the Assets will be the Payoff Amount reflected in the Payoff Agreement (the “Purchase Price”). Seller has directed Purchaser to remit the Purchase Price directly to the senior lenders as contemplated under the Payoff Agreement, by wire transfer of federal or other immediately available funds.

1.7 Events of Loss. In the event any Car is lost due to theft or disappearance or non-existence, destruction, damage beyond repair, or is rendered permanently unfit for normal use for any reason whatever, or such Car is damaged resulting in an insurance settlement with respect to such Car on the basis of a loss, the condemnation, confiscation, seizure or requisition of use or title to such Car by any governmental authority under the power of eminent domain or otherwise, prior to the Closing Date, and Seller has not yet received compensation for such loss, ownership to such Car will transfer to Purchaser on the Closing Date and Purchaser will be entitled to all casualty and loss payments relating to such Car.

1.8 Shared Rights and Obligations. With respect to any indemnification or other provision of the Operative Documents that are and remain exercisable or otherwise for the benefit of each of Seller and Purchaser after giving effect to the sale of the Assets, or rights with respect to insurance coverages provided by Lessee pursuant to the Operative Documents, Seller and Purchaser shall be entitled to the non-exclusive rights and benefits of the same to the extent such indemnification or other provisions, or insurance coverages, relate to such party (that is, a claim against or harm suffered by either such party for which an indemnification or insurance coverage is available under the Operative Documents); provided, further, in no event shall Seller have any right to declare a default, cancel, or terminate, any of the Operative Documents, or have any right to, or demand, any rent payments or other amounts due and owing thereunder with respect to the time period on and after the Closing Date, or any right to take any action with respect to the Cars, or amend, waive or give any consent under any Operative Document as it relates to the Cars or Purchaser’s Rights and Obligations.

1.9 As between Seller and Purchaser, Seller, Seller shall retain any liabilities relating to accidents or other events occurring prior to Closing other than contract claims made by Lessees under the Leases against Seller and Operating Expenses as contemplated in Section 6.1 pertaining to the Cars and the Leases (the liabilities retained by Seller under this Section 1.9 constitute the “Retained Obligations”)

2. Representations and Warranties of Seller. Seller hereby represents and warrants to Purchaser, as of the Closing Date:

2.1 Organization. Seller is a Delaware limited liability company, validly existing and in good standing under the laws of the State of Delaware.

 

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2.2 Power and Authority. Seller has full power and authority to execute, deliver and perform pursuant to this Agreement, the Assignment Agreement, any Account assignment Documents, a Memorandum of Assignment relating to the Leases in substantially the form of Exhibit E hereto, and Bill of Sale together with any schedules and riders thereto and any additional documents executed in connection with the Closing (collectively, the “Transaction Documents”); to own or lease its properties; and to carry on its business as now conducted.

2.3 Due Authorization. This Agreement has been duly authorized, executed and delivered by Seller and constitutes a legal, valid and binding obligation of Seller, enforceable against it in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization or other laws of general applicability affecting creditors’ rights generally or by general principles of equity. The Assignment Agreement, any Account assignment documents and the Bill of Sale together with such schedules and riders thereto and any additional documents executed in connection with the Closing have each been duly authorized by Seller and, when executed and delivered, will constitute the legal, valid and binding obligations of Seller, enforceable against it in accordance with their terms, except as such enforcement may be limited by any applicable bankruptcy, insolvency, reorganization or other laws affecting creditors’ rights generally or by general principles of equity.

2.4 No Consents or Filings. The execution, delivery and performance by Seller of this Agreement and the other Transaction Documents to which it is a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not, other than as may be required under one or more Operative Documents or as provided in the Payoff Agreement, require the consent, notice or other action by any person under, conflict with, result in a violation or breach of, constitute a default under, or result in the acceleration of, any contract to which Seller is a party or by which it or the Assets are bound, or, in the event consent, notice or other action is required such obligation will have been met.

2.5 Compliance with Instruments and Statutes. Neither the execution, delivery or performance by Seller of the Transaction Documents, nor compliance with the terms and provisions hereof or thereof, conflicts or will conflict with or will result in a breach or violation of any of the terms, conditions or provisions of any law, governmental rule or regulation then in effect or the articles of organization or operating agreement of Seller or any order, writ, injunction, or decree of any court or governmental authority against Seller or by which it or any of its properties is bound, or constitutes, or will constitute a default thereunder or will result in the imposition of any lien upon the Assets.

2.6 Assets Ownership. Seller is the sole owner of the Cars and, at Closing, Seller will convey to Purchaser absolute, good, marketable and valid title (“Title”) in and to the Cars free and clear of all liens, encumbrances and claims, other than the applicable Lease and the other Operative Documents and those which the applicable Lessee is obligated to discharge under the terms of the applicable Operative Documents. The Seller is the sole legal and beneficial owner of the rights, title and interests of “Lessor” under each Lease and the other applicable Operative Documents and, at Closing, Seller will sell, assign and transfer to Purchaser all of Seller’s rights, title and interest in and to each Lease and the other applicable Operative Documents (with the exception of the Retained Obligations) free and clear of all liens, encumbrances and claims. The Seller is the sole legal and beneficial owner under each Account and, at Closing, Seller will sell, assign and transfer to Purchaser all of Seller’s rights, title and interest in and to each Account free and clear of all liens,

 

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encumbrances and claims. All funds received in connection with the Cars and the Leases during Seller’s period of ownership have been and will be deposited in the Accounts. Seller is the sole account holder for the Accounts, and has not commingled funds or other accounts of Seller or any affiliates of Seller with the Accounts.

2.7 Concerning the Leases and Cars. Purchaser’s affiliate, Greenbrier Management Company LLC (“GMS”) currently provides administrative services (the “Services”) to Seller in connection with the Cars and the Leases pursuant to a Railcar Remarketing and Management Agreement dated April 29, 2010 (the “Management Agreement”). Seller authorizes GMS to release any and all records relating to the Assets to Purchaser and its agents. Purchaser has or will perform its own due diligence with respect to the status of the Cars, the Leases, and lessee insurance prior to Closing. Seller has authorized the security trustee under the Lender Agreements to disclose to Purchaser information pertaining to the Accounts, and Purchaser will perform its own due diligence with respect to the status of the Accounts.

2.8 Car Warranties. Seller hereby assigns and transfers to Purchaser all rights which Seller may have under any warranties, patent indemnities or other instruments relating to the Cars and agrees to take such actions and assist Purchaser in good faith and as Purchaser may reasonably request to secure rights for Purchaser.

2.9 Seller Activities and Fraudulent Conveyances. Seller is a special purpose entity that has at all times since its formation been exclusively engaged in the business of owning the Assets and leasing the Cars, and it has not engaged in any other business activities. The transfer of the Assets to Purchaser as contemplated by this Agreement and the other Transaction Documents is made in exchange for fair and equivalent consideration. At Closing Seller will have no material creditors other than Purchaser and its affiliated entities and other than for potential taxes incurred in connection with the transactions. The transactions contemplated by this Agreement are entered into by Seller in good faith and are not intended, and shall not operate, to hinder, delay or defraud any creditor of Seller, or violate any applicable federal or state laws relating to fraudulent or voidable conveyances or transfers, and the consummation of the transactions contemplated by this Agreement and the other Transaction Documents will not have any such effect, and are and shall be effective against Seller’s existing or future creditors. In the event such laws are deemed applicable, or in the event Seller has failed to pay or provide for the payment of any of its pre-Closing creditors (except for any Operating Expenses or amounts owed by Seller under any Operative Documents for which Purchaser has agreed to be responsible), Seller agrees to pay such creditor(s) promptly upon determination of Seller’s liability to the creditor(s), and agrees to indemnify and hold Purchaser harmless from, and reimburse Purchaser for, any loss, cost, expense, liability or damage which Purchaser may suffer or incur by virtue of noncompliance by Seller or Purchaser with such applicable laws.

2.10 Brokers. Seller has not dealt with any broker, finder or similar agent in connection with the negotiations relating to this Agreement and the transactions contemplated herein.

2.11 Residual Sharing and Other Agreements. Except as may be specifically set forth in the Operative Documents or the Termination Agreement, there are no option or residual sharing agreements, residual guarantees or residual insurance agreements, re-marketing agreements, deferred fee agreements, or other agreements, with respect to any Car or any Operative Document as it pertains to any Car, or with respect to any Account, or which would be binding upon or enforceable against Purchaser, against the Cars any Operative Document as it pertains to any Car, or against the proceeds of any sale, leasing or other disposition of the Cars or disposition of the Accounts.

 

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2.12 Rental Installments. [Not applicable]

2.13 Litigation. There is no litigation or proceeding pending or, to the knowledge of Seller, threatened, (a) involving Seller related to the Assets or (b) against Seller, which if adversely determined, would prohibit or materially interfere with the consummation by Seller of the transactions contemplated herein.

2.14 [Reserved]

2.15 No Inconsistent Action. From and after the date of this Agreement, without the prior written consent of Purchaser, Seller shall not amend, nor consent to any amendment of any Operative Document or any Account or take any other action with respect thereto that would affect in any way whatsoever or purport to affect, Purchaser’s rights hereunder or under any such Operative Document or under any Account, nor shall Seller take any action with respect thereto that is inconsistent with the transactions contemplated hereby. From and after the Closing Date neither Seller nor any affiliate of Seller will claim any tax benefits, file any tax returns, or take any other action that would be inconsistent with the status of Purchaser as the owner of the Assets for federal, state and local tax purposes, except for the period of Seller’s ownership prior to the Closing Date.

2.16 Accuracy of Information. No representation or warranty made by Seller in this Agreement, or in any agreement, instrument, document, certificate, statement or letter furnished or to be furnished to Purchaser at the Closing by or on behalf of Seller in connection with any of the transactions contemplated by this Agreement contains or will contain any untrue statement of material fact. Except as expressly set forth herein, the representations and warranties contained in this Section 2 or elsewhere in this Agreement or any document delivered pursuant hereto will not be affected or deemed waived by reason of the fact that the Purchaser or its representatives knew or should have known that any such representation or warranty is or might be inaccurate in any respect.

3. Representations and Warranties of Purchaser. Purchaser hereby represents and warrants to Seller, as of each Closing Date with respect to the subject transaction:

3.1 Organization. Purchaser is a limited liability company duly organized and validly existing under the laws of the State of Oregon.

3.2 Power and Authority. Purchaser has full power and authority to execute, deliver and perform pursuant to the applicable Transaction Documents; to own or lease its properties; and to carry on its business as now conducted.

3.3 Due Authorization. This Agreement has been duly authorized, executed and delivered by Purchaser and constitutes a legal, valid and binding obligation of Purchaser, enforceable against it in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, or other laws of general applicability affecting creditors’ rights generally or by general principles of equity. The Assignment Agreement and any

 

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Account assignment Documents together with such schedules and riders thereto and any additional documents executed in connection with the Closing have each been duly authorized by Purchaser, and, when executed and delivered, will constitute the legal, valid and binding obligations of Purchaser, enforceable against it in accordance with their terms, except as such enforcement may be limited by any applicable bankruptcy, insolvency, reorganization, or other laws affecting creditors’ rights generally or by general principles of equity.

3.4 No Consents or Filings. The execution, delivery and performance by Purchaser of this Agreement and the other Transaction Documents to which it is a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not require the consent, notice or other action by any person under, conflict with, result in a violation or breach of, constitute a default under or result in the acceleration of any contract to which Purchaser is a party or by which it or the Assets are bound, or, in the event consent, notice or other action is required such obligation will have been met.

3.5 Compliance with Instruments and Statutes. Neither the execution, delivery or performance by Purchaser pursuant to the Transaction Documents to which it is a party nor compliance with the terms and provisions thereof, conflicts or will conflict with or will result in a breach or violation of any of the terms, conditions or provisions of any law, governmental rule, or regulation then in effect or the organizational documents of Purchaser or any order, writ, injunction, or decree of any court or governmental authority against Purchaser or by which it or any of its properties may be bound, or any other agreement or instrument to which Purchaser is a party or by which it or any of its properties is bound, or constitutes or will constitute a default thereunder.

3.6 Brokers. Purchaser has not dealt with any broker, finder or similar agent in connection with the negotiations relating to this Agreement and the transactions contemplated herein.

3.7 Litigation. There is no litigation or proceeding pending or, to the knowledge of Purchaser, threatened, against Purchaser, which, if adversely determined, would prohibit or materially interfere with the consummation by Purchaser of the transactions contemplated herein.

3.8 No Inconsistent Action. From and after the date of this Agreement, without the prior written consent of Seller, Purchaser shall not amend, nor consent to any amendment of any Operative Document or any Account, or take any action with respect thereto that would affect or purport to affect, Seller’s rights hereunder or under the Operative Document or Account nor shall Purchaser take any action with respect thereto that is inconsistent with the transactions contemplated hereby. From and after the Closing Date neither Purchaser nor any affiliate of Purchaser will claim any tax benefits, file any tax returns, or take any other action that would be inconsistent with the status of Seller as the owner of the Assets for federal, state and local tax purposes during the period prior to the Closing Date.

3.9 Accuracy of Information. No representation or warranty made by Purchaser in this Agreement, or in any agreement, instrument, document, certificate, statement or letter furnished or to be furnished to Seller at Closing by or on behalf of Purchaser in connection with any of the transactions contemplated by this Agreement contains or will contain any untrue statement of material fact. The representations and warranties contained in this Section 3 or elsewhere in this Agreement or any document delivered pursuant hereto will not be affected or deemed waived by reason of the fact that the Seller or its representatives knew or should have known that any such representation or warranty is or might be inaccurate in any respect.

 

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4. Conditions to Closing.

4.1 Conditions to the Obligations of Purchaser. The obligations of Purchaser to consummate the transactions contemplated by this Agreement are expressly conditioned upon satisfaction of the following conditions on or prior to the Closing Date with respect to the subject transaction, unless waived by Purchaser; provided, that any such condition precedent within the direct control of Purchaser shall not be deemed a condition precedent with respect to Purchaser’s obligations to consummate the transactions contemplated by this Agreement:

4.1.1 Due Execution and Delivery. Purchaser shall have received an executed original Bill of Sale and fully executed counterparts of each of the other Transaction Documents, the Payoff Agreement and the Termination Agreement, or scanned true copies thereof with the originals to follow upon Closing.

4.1.2 Operative Documents. Purchaser is in possession of true, correct and complete copies of each of the Operative Documents.

4.1.3 Schedule. Purchaser shall have received an original of each Schedule identified in Exhibit A, or a scanned true copy thereof with the original to follow upon Closing to the extent in the custody of Seller, any affiliate of Seller, senior lenders or the security trustee under the Senior Loan Documents.

4.1.4 Notice of Assignment. [Not applicable]

4.1.5 Insurance. [Not applicable]

4.1.6 Incumbency Certificate. Purchaser shall have received a certificate of a responsible officer of Seller certifying as to the authority and incumbency of the officers of Seller executing the documents contemplated hereby.

4.1.7 Representations and Warranties True. All representations and warranties of Seller contained in this Agreement shall be true and correct in all material respects on and as of the Closing Date with the same force and effect as though made on and as of such date.

4.1.8 Performance. All obligations and agreements required by this Agreement to be performed by Seller on or prior to the Closing Date shall have been performed.

4.1.9 Required Consents. Written consents shall have been obtained with respect to any and all approvals, authorizations, consents, licenses, certificates and orders of, registrations, filings, and recordings with and notices to any federal, state, or other public or governmental office, authority, agency, or court, and any person holding a direct or indirect interest (or for whose benefit any interest is held) in the Assets that are necessary (a) for the valid authorization, execution, delivery and performance of this Agreement by Seller or (b) for the effectiveness and full enforceability of this Agreement and the rights intended to be created hereby and thereby in favor of Purchaser or against Seller.

 

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4.1.10 Lien Releases, Terminations and Assignments and Title Opinions. Purchaser shall have received lien releases, terminations and assignments, and search results and opinions relating to the records of the Surface Transportation Board (“STB”), and the Office of the Registrar General of Canada (“RG”) in the case of a Canadian Lessee, and any applicable Uniform Commercial Code filing offices, in form and substance satisfactory to Purchaser, that effective upon the Closing Date, it will receive good and marketable title to the Assets, free and clear of all liens or interest of others, other than those which each Lessee is obligated to discharge under the terms of the applicable Lease. In the event Purchaser has not received the same on or before Closing and agrees to close, the parties will cooperate in effecting any necessary terminations, releases or assignments, as contemplated in Section 6.4.

4.1.11 Receipt of Documents. Purchaser shall have received from Seller all of the documents specified in this Agreement with respect to the Closing, except as otherwise provided herein.

4.2 Conditions to the Obligations of Seller. The obligations of Seller to consummate the transactions contemplated by this Agreement are expressly conditioned upon satisfaction of the following conditions on or prior to the Closing Date with respect to the subject transaction, unless waived by Seller; provided, that any such condition precedent within the direct control Seller shall not be deemed a condition precedent with respect to Seller’s obligations to consummate the transactions:

4.2.1 Due Execution and Delivery. Seller shall have received fully executed counterparts of the Transaction Documents, with originals to follow upon closing.

4.2.2 Notice of Assignment. [Not applicable]

4.2.3 Incumbency Certificate. Seller shall have received a certificate of a responsible officer of Purchaser certifying as to the authority and incumbency of the officers of Purchaser executing the documents contemplated hereby.

4.2.4 Representations and Warranties True. All representations and warranties of Purchaser contained in this Agreement shall be true and correct in all material respects on and as of the Closing Date with the same force and effect as though made on and as of such date.

4.2.5 Performance of Covenants. All obligations and agreements required by this Agreement to be performed by Purchaser on or prior to the Closing Date shall have been performed.

4.2.6 Payment of Purchase Price. Purchaser shall pay the Purchase Price for the Assets to the senior lenders.

4.2.7 Required Consents. Written consents shall have been obtained with respect to any and all approvals, authorizations, consents, licenses, certificates and orders of, registrations, filings, and recordings with and notices to any federal, state, or other public or governmental office, authority, agency, or court, and any person holding a direct or indirect

 

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interest (or for whose benefit any interest is held) in the Assets that are necessary (a) for the valid authorization, execution, delivery and performance of this Agreement by Purchaser or (b) for the effectiveness and full enforceability of this Agreement and the rights intended to be created hereby and thereby in favor of Seller or against Purchaser.

5. Taxes.

5.1 Seller’s Indemnity. Seller shall be responsible to pay, and shall indemnify Purchaser from and against (a) all duties, excise taxes, value added taxes, or other taxes, licenses, fees or other costs which were (or may be) required to be paid in connection with events arising prior to the Closing, in each case, except as expressly provided in 6.1.1 and (b) all federal, state or local income or franchise taxes, and taxes related to forgiveness of debt, incurred by Seller or its affiliates, whether attributable to periods before, on, or after the Closing.

5.2 Purchaser’s Indemnity. Except as set forth in Section 5.1, Purchaser shall be responsible to pay, and shall indemnify Seller from and against all sales, use, property taxes, duties, excise taxes, value added taxes, withholdings or other taxes, licenses, fees or other costs which were (or may be) required to be paid in connection with events arising on or after the Closing, including but not limited to any applicable acquisition taxes.

6. Post Closing Matters.

6.1 Allocation of Rents and Operating Expenses. In consideration of the assignment of Seller’s rights and interest in the Accounts to Purchaser, and subject to the calculation and distribution of reserves and distributions as contemplated under the Termination Agreement:

6.1.1(a) Purchaser shall be responsible for and shall pay all inspection, maintenance, ad valorem taxes, withholding taxes on Lease rents, storage, transportation, re-marking, UMLER and Official Railway Equipment Register (ORER) costs and expenses and any costs associated with filing and reporting required by the AAR, FRA or other applicable authority relating to the Cars, and the Operative Documents as they pertain to the Cars, which are incurred prior to the Closing Date and are unpaid as of the Closing Date (the “Operating Expenses”), and (b) Purchaser shall be responsible for and shall pay all expenses relating to the Cars, and the Operative Documents as they pertain to the Cars, which are incurred on or after the Closing Date, and all expenses associated with the Accounts with respect to periods on and after December 15, 2015.

6.1.2(a) Purchaser shall be entitled to all revenues relating to the Cars, and the Operative Documents as they pertain to the Cars, and the Accounts, and earned prior to the Closing Date but not yet received at the time of Closing and (b) Purchaser shall be entitled to all revenues earned on or after the Closing Date. In the event Seller receives any revenues relating to the Cars, the Operative Documents as they pertain to the Cars or the Accounts on or after Closing, Seller shall promptly remit such amounts to Purchaser.

6.1.3 Upon Closing, the Management Agreement between Seller and GMS will terminate, along with the Purchaser’s guaranty of GMS obligations thereunder, and Purchaser will be responsible for any Operating Expenses payable to GMS thereunder with respect to periods prior to the Closing.

 

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6.1.4 Without limiting any other rights or remedies of Purchaser, and other than expenses incurred by GLC or its affiliates in maintaining the Lease Fleet as provided in Exhibit A to the Termination Agreement, Purchaser may offset any amount to which Purchaser, or any affiliate of Purchaser, may be entitled under this Agreement (with respect to indemnity claims, Retained Obligations or otherwise) or any of the related agreements including but not limited to the Termination Agreement, against amounts otherwise payable to Seller by Purchaser under this Agreement or otherwise payable to Seller or any of its affiliates by Purchaser or any of its affiliates under the Termination Agreement. The exercise of the right of offset by Purchaser in good faith, whether or not ultimately determined to be justified, will not constitute a breach of this Agreement or any other agreement. In addition, neither the exercise of such right of offset, nor the failure to exercise, will limit the rights and remedies of Purchaser or any of their affiliates in any manner against Seller.

6.2 Records. [Not applicable]

6.3 Marks Management. [Not applicable]

6.4 Further Assurances. Each party agrees that from time to time before, on or after the Closing Date, it shall, on its own initiative taken in good faith and at the reasonable request of the other party, execute and deliver or cause to be executed and delivered such instruments of transfer, conveyance, assignment or assumption, and such other documents, papers and filings with the STB, RG or other filing offices as may be required, and take all such further actions, in addition to those required under the express terms of this Agreement, as may be reasonably required to more effectively consummate the purposes of this Agreement and implement the transactions contemplated hereby. Seller expressly covenants and agrees to cooperate with Purchaser in connection with any litigation arising with respect to the Assets if Seller’s cooperation is reasonably necessary for the adjudication of issues raised in such litigation.

6.5 Confidentiality. Seller and Purchaser shall maintain the terms of this Agreement in confidence, and shall take all reasonable precautions to preserve its confidentiality at all times; provided however that either party may disclose the terms of this Agreement to its employees, agents, auditors and legal advisors who likewise have a confidentiality obligation, or as may otherwise be legally required, or in any filing required of such party or such party’s affiliate with any securities commission or other regulatory agency or as may be required by the securities listing requirements applicable to such party or such party’s affiliates.

7. Miscellaneous.

7.1 Amendments and Waivers. Any provisions of this Agreement may be amended and the observance of any provision of this Agreement may be waived only by an instrument in writing specifically stating that such instrument is intended to amend, modify or supplement this Agreement or to waive such provision and duly signed by or on behalf of each of the parties hereto.

 

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7.2 Notices. Any notice, request or other communication required or provided by this Agreement shall be given in writing and be personally delivered, mailed by registered or certified mail, or given by telex, telegram or facsimile transmission confirmed by mail, addressed to:

If to Purchaser:

Greenbrier Leasing Company LLC

One Centerpointe Drive, Suite 200

Lake Oswego, Oregon 97035

Attention: General Counsel

Telephone: (503) 684-7000

Telecopy: (503)-684-7553

and if to Seller:

WL Ross Greenbrier Rail I LLC

1166 Avenue of the Americas

New York, NY 10036

Attention: Wendy Teramoto

Telephone: (212) 826-2041

Telecopy: (212) 317-4892

Such notice shall be deemed given upon receipt thereof at the address of the party above stated or at any other address specified by such party in a notice complying with this Section.

7.3 Representations and Warranties. The representations, warranties and covenants of the parties hereto contained in or made pursuant to this Agreement, except as they may be fully performed prior to or on the Closing Date, shall survive the execution and delivery of this Agreement and the Closing.

7.4 General Indemnity. Except as otherwise provided in the Transaction Documents, Seller shall indemnify and hold Purchaser and any affiliate, officer, director, shareholder, partner, contractor, indemnitee, settlor, employee, servant, agent, beneficiary, successor, transferee or assign of Purchaser (together with Purchaser, the “Purchaser’s Indemnified Parties”) harmless from any and all liabilities, obligations, losses, damages, penalties, claims, actions, suits, costs, expenses and disbursements, including legal fees and expenses of whatsoever kind and nature (including claims arising under any legal theory including torts, contracts, tax or regulatory law) incurred by or asserted against one or more Purchaser’s Indemnified Parties with respect to the Assets, arising out of accident, injury or damage occurring prior to the Closing or any breach of any Seller representation or obligation under this Agreement; and Purchaser shall indemnify and hold Seller and any affiliate, officer, director, shareholder, partner, contractor, indemnitee, settlor, employee, servant, agent, beneficiary, successor, transferee or assign of Seller (together with Seller, the “Seller’s Indemnified Parties”) harmless from any and all liabilities, obligations, losses, damages, penalties, claims, actions, suits, costs, expenses and disbursements, including legal fees and expenses of whatsoever kind and nature (including claims arising under any legal theory including torts, contracts, tax or regulatory law) incurred by or asserted against one or more Seller’s Indemnified Parties with respect to the Assets, arising out of accident, injury or damage occurring on or after the Closing or any breach of any Purchaser representation or obligation under this Agreement.

7.5 Parties in Interest, Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided, however, that neither Purchaser nor Seller may assign any of their rights or obligations under the Transaction Documents without the prior written consent of the other party.

 

12


7.6 Governing Law. THIS AGREEMENT SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE WITHOUT REFERENCE TO PRINCIPLES OF CONFLICTS OF LAW (OTHER THAN TITLE 14 OF ARTICLE 5 OF THE GENERAL OBLIGATIONS LAW).

7.7 Interpretation. In this Agreement, the singular shall include the plural and the word “person” shall include corporations, partnerships, joint ventures, associations, trusts, unincorporated organizations, governments and agencies, as well as natural persons.

7.8 Integration. This Agreement and the other agreements, documents and instruments referred to herein or contemplated hereby, constitute the entire agreement of the parties with respect to the transactions contemplated hereby and thereby and supersede any previous agreement or understanding among the parties with respect thereto.

7.9 Headings. Titles or captions of Sections or Subsections contained in this Agreement are inserted only as a matter of convenience and for reference, and in no way define, limit, extend or describe the scope of this Agreement or the intent of any provision hereof.

7.10 Counterparts. This Agreement may be executed in any number of counterparts and by different parties hereto on separate counterparts, but all such counterparts together shall constitute one and the same instrument.

[The remainder of this page is intentionally left blank.]

 

13


IN WITNESS WHEREOF, the undersigned parties have caused this Agreement to be signed by their respective duly authorized officers as of the date first above written.

 

SELLER:   

WL ROSS-GREENBRIER RAIL I LLC

 

By: /s/ Wendy Teramoto

Name: Wendy Teramoto

Title: Vice President

PURCHASER:   

GREENBRIER LEASING COMPANY LLC

 

By: /s/ Larry Stanley

Name: Larry D. Stanley

Title: Vice President

[Signature page to Purchase and Sale Agreement]


EXHIBIT A

TO PURCHASE AND SALE AGREEMENT

Railcars and Leases

RAILCARS

 

Lease ID

   Number
of Cars
    

Description

  

Reporting Marks and Numbers

B01-140      64       5,161 CF covered hoppers, 286,000 lbs. GRL, AAR Car Type Code C114    AOK 65502 through AOK 65504, inclusive; AOK 65507; AOK 65510; AOK 65512; AOK 65516 through AOK 65518, inclusive; AOK 65522; AOK 65523; AOK 65527; AOK 65532; AOK 65539; AOK 65540; AOK 65542; AOK 65547; AOK 65549; AOK 65551; AOK 65553; AOK 65555; AOK 65558; AOK 65559; AOK 65563; AOK 65570 through AOK 65572, inclusive; AOK 65579; AOK 65581 through AOK 65583, inclusive; AOK 65586 through AOK 65588, inclusive; AOK 65591; AOK 65604; AOK 65613; AOK 65617; AOK 65618; AOK 65620; AOK 65621; AOK 65628; AOK 65632; AOK 65633; AOK 65637 through AOK 65639, inclusive; AOK 65641; AOK 65643; AOK 65657; AOK 65663; AOK 65667; AOK 65670; AOK 65680; AOK 65683; AOK 65685; AOK 65689; AOK 65695 through AOK 65698, inclusive; AOK 65702; AOK 65703; and AOK 65707
B01-159      200       3,267 CF gondolas with non-rotary couplers, 286,000 lbs. GRL, AAR Car Type Code E735    AOK 519200 through AOK 519399, inclusive
B01-162      42      

4,480 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311; and

 

4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311

   BNBX 1007 to BNBX 503549, not inclusive; see Exhibit A.1
B01-190      125      

4,480 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311; and

 

4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311

   BNBX 1006 to BNBX 120363, not inclusive; see Exhibit A.2
B01-191      172      

3,985 CF open hoppers with 8 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341; and

 

4,200 CF open hoppers with 5 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341

   GBRX 20201 through GBRX 20220, inclusive; GBRX 20222 through GBRX 20238, inclusive; GBRX 20240 through GBRX 20244, inclusive; GBRX20246 through GBRX 20254, inclusive; GBRX 20256 through GBRX 20261, inclusive; GBRX 20263 through GBRX 20279, inclusive; GBRX 20281 through GBRX 20283, inclusive; GBRX 20285 through GBRX 20294, inclusive; GBRX 20296 through GBRX 20326, inclusive; GBRX 20328 through GBRX 20344, inclusive; GBRX 20346 through GBRX 20354, inclusive; GBRX 20356 through GBRX 20371, inclusive; GBRX 20373 through GBRX 20381, inclusive; GBRX 26162; GBRX 26166; and GBRX 26180
S66-001      20       3,281 CF covered hoppers, 286,000 lbs. GRL, AAR Car Type Code C112    BNBX 120750 through BNBX 120769, inclusive
A62-001      27       6,221 CF covered hoppers with pneumatic outlets, 286,000 lbs. GRL, AAR Car Type Code C214    TIMX 62031; AOKX 62013; AOKX 62014; AOKX 62020 through AOKX 62030, inclusive; and AOKX 62032 through AOKX 62044, inclusive
A62-002      18       6,221 CF covered hoppers with pneumatic outlets, 286,000 lbs. GRL, AAR Car Type Code C214    TIMX 62000 through TIMX 62019, inclusive


Lease ID

   Number
of Cars
    

Description

  

Reporting Marks and Numbers

C07-038      17       4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311    BNBX 1009; BNBX 1082; BNBX 1087; BNBX 1089; BNBX 1092; BNBX 1097; BNBX 1108; BNBX 1130; BNBX 1164; BNBX 1166; BNBX 1241; BNBX 1321; BNBX 1346; BNBX 1358; BNBX 1373; BNBX 1451; and BNBX 503520
C100-001      196       4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311    BNBX 1001 to BNBX 503550, not inclusive; see Exhibit A.3
C02-044      190       4,480 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311    BNBX 6044 through BNBX 6064, inclusive; BNBX 6066 through BNBX 6081, inclusive; BNBX 6083 through BNBX 6096, inclusive; BNBX 6098 through BNBX 6105, inclusive; BNBX 6107 through BNBX 6110, inclusive; BNBX 6112 through BNBX 6159, inclusive; and BNBX 6161 through BNBX 6239, inclusive
C02-048      199       42-foot gondolas, 286,000 lbs. GRL, AAR Car Type Code E241    AOK 494500 through AOK 494647, inclusive; and AOK 494649 through AOK 494699, inclusive
D07-007      96       73-foot centerbeam flatcars, 286,000 lbs. GRL, AAR Car Type Code F483    AOK 21531 to AOK 29348, not inclusive; see Exhibit A.4
E03-004      141      

4,480 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311; and

 

4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311

   BNBX 1008 to BNBX 503545, not inclusive; see Exhibit A.5
E33-002      145       4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311    BNBX 120110 to BNBX 120373, not inclusive; see Exhibit A.6
G08-011      95       4,200 CF open hoppers with 5 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341    GBRX 26125 through GBRX 26135, inclusive; GBRX 26138 through GBRX 26145, inclusive; GBRX 26147 through GBRX 26150, inclusive; GBRX 26152; GBRX 26154; GBRX 26155; GBRX 26157 through GBRX 26160, inclusive; GBRX 26167 through GBRX 26169, inclusive; GBRX 26171; GBRX 26174; GBRX 26175; GBRX 26177 through GBRX 26179, inclusive; GBRX 26182 through GBRX 26185, inclusive; GBRX 26187; GBRX 26189 through GBRX 26195, inclusive; GBRX 26198 through GBRX 26223, inclusive; GBRX 26225 through GBRX 26229, inclusive; GBRX 26231; GBRX 26235; GBRX 26237 through GBRX 26239, inclusive; GBRX 26241 through GBRX 26243, inclusive; and GBRX 26246 through GBRX 26249, inclusive
K08-002      25       3,281 CF covered hoppers with gravity gates, 286,000 lbs. GRL, AAR Car Type Code C112    GBRX 65425 through GBRX 65449, inclusive
L04-003      76       3,281 CF covered hoppers with gravity gates, 286,000 lbs. GRL, AAR Car Type Code C112    ARUX 210; BCAX 200 through BCAX 209, inclusive; and BCAX 211 through BCAX 275, inclusive
L10-022      99       3,250 CF covered hoppers with gravity gates, 286,000 lbs. GRL, AAR Car Type Code C112    CEFX 81080 to CEFX 81160, not inclusive; and GBRX 81074 to GBRX 81173, not inclusive; see Exhibit A.7
L05-003      74       73-foot centerbeam flatcars, 286,000 lbs. GRL, AAR Car Type Code F483    AOK 21530 to AOK 29349, not inclusive; see Exhibit A.8
M10-025      25       60-foot Plate E boxcars with double sliding doors, 286,000 lbs. GRL, AAR Car Type Code B617    AOK 120008 to AOK 120142, not inclusive; see Exhibit A.9

 

2


Lease ID

   Number
of Cars
    

Description

  

Reporting Marks and Numbers

M10-028      437       50-foot Plate G boxcars with single plug door, 286,000 lbs. GRL, AAR Car Type Code A406    IBT 18400 through IBT 18403, inclusive; IBT 18405 through IBT 18416, inclusive; IBT 18419 through IBT 18500, inclusive; IBT 18502 through IBT 18529, inclusive; IBT 18531 through IBT 18536, inclusive; IBT 18538 through IBT 18604, inclusive; IBT 18606 through IBT 18627, inclusive; IBT 18629 through IBT 18749, inclusive; IBT 18751; IBT 18753 through IBT 18772, inclusive; IBT 18774 through IBT 18783, inclusive; IBT 18785 through IBT 18803, inclusive; and IBT 18805 through IBT 18849, inclusive
O16-001      23       4,200 CF open hoppers with 5 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341    GBRX 26136; GBRX 26137; GBRX 26146; GBRX 26151; GBRX 26153; GBRX 26156; GBRX 26161; GBRX 26164; GBRX 26170; GBRX 26173; GBRX 26176; GBRX 26181; GBRX 26186; GBRX 26196; GBRX 26197; GBRX 26224; GBRX 26230; GBRX 26233; GBRX 26234; GBRX 26236; GBRX 26240; GBRX 26244; and GBRX 26245
P28-009      26       3,230 CF pressure-differential covered hoppers, 286,000 lbs. GRL, AAR Car Type Code C612    BNBX 95072 to BNBX 95716, not inclusive; see Exhibit A.10
P06-007      50       60-foot Plate E boxcars with double sliding doors, 286,000 lbs. GRL, AAR Car Type Code B617    AOK 120000 to AOK 120149, not inclusive; see Exhibit A.11
R09-001      19       3,230 CF pressure-differential covered hoppers, 286,000 lbs. GRL, AAR Car Type Code C612    GBRX 65000 through GBRX 65013, inclusive; and GBRX 65015 through GBRX 65019, inclusive
S68-002      141      

4,480 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311; and

 

4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311

   BNBX 1017 to BNBX 503539, not inclusive; see Exhibit A.12
S65-001      120       4,074 CF open covered hoppers with 9 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341    GBRX 49001 to GBRX 49244, not inclusive; see Exhibit A.13
S65-005      127       4,074 CF open covered hoppers with 9 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341; and 4,200 CF open covered hoppers with 9 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341    BNBX 503554 to BNBX 503566, not inclusive; and GBRX 49002 to GBRX 49245, not inclusive; see Exhibit A.14
S77-001      25       42-foot gondolas, 286,000 lbs. GRL, AAR Car Type Code E241    AOKX 34375 through AOKX 34399, inclusive
T21-020      100       5,161 CF covered hoppers, 286,000 lbs. GRL, AAR Car Type Code C114    AOKX 65505 to AOKX 65709, not inclusive; see Exhibit A.15
T06-005      104       60-foot Plate F boxcars with 16-foot double plug doors, 286,000 lbs. GRL, AAR Car Type Code A606    TBOX 889269 through TBOX 889274, inclusive; and TBOX 889276 through TBOX 889373, inclusive
U01-061      101       5,200 CF covered hoppers with gravity/pneumatic gates, 286,000 lbs. GRL, AAR Car Type Code C314    CMO 10010; CMO 10017; CMO 10069; CMO 100472; CMO 10075; CMO 10101; CMO 10108; CMO 10109; CMO 10119; CMO 10171; CMO 10174; CMO 10175; CMO 10199 through CMO 10222, inclusive; CMO 10224 through CMO 10248, inclusive; and CMO 10250 through CMO 10289, inclusive
U01-073      20       5,161 CF covered hoppers, 286,000 lbs. GRL, AAR Car Type Code C114    CMO 63034 through CMO 63053, inclusive

 

3


Lease ID

   Number
of Cars
    

Description

  

Reporting Marks and Numbers

W04-022      94       60-foot Plate F boxcars with 16-foot double plug doors, 286,000 lbs. GRL, AAR Car Type Code A606    AOK 354617 to AOK 354998, not inclusive; see Exhibit A.16
W26-001      142       4,530 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311    WEPX 2875 through WEPX 2901, inclusive; WEPX 2903 through WEPX 2929, inclusive; WEPX 2931 through WEPX 2940, inclusive; WEPX 2942 through WEPX 2977, inclusive; WEPX 2979 through WEPX 2990, inclusive; WEPX 2992 through WEPX 2995, inclusive; WEPX 2997 through WEPX 3007, inclusive; WEPX 3009 through WEPX 3022, inclusive; and WEPX 3024
Off-lease/stored Group 1      21       5,161 CF covered hoppers, 286,000 lbs. GRL, AAR Car Type Code C114    AOK 65501 to AOK 65681, not inclusive; see Exhibit A.17
Off-lease/stored Group 2      147       3,197 CF gondolas with non-rotary couplers, 263,000 lbs. GRL, AAR Car Type Code E735    WCRC 3175 through WCRC 3195, inclusive; WCRC 3197 through WCRC 3220, inclusive; WCRC 3222; WCRC 3223; and WCRC 3225 through WCRC 3224, inclusive
Off-lease/stored Group 3      16       12-foot 9-inch, 4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311    BNBX 1401 through BNBX 1404, inclusive; BNBX 1417; BNBX 1419; BNBX 1421; BNBX 1426; BNBX 1429; BNBX 1430; BNBX 1432; BNBX 1434; and BNBX 1445 through BNBX 1448, inclusive
Off-lease/stored Group 4      116       8-foot 8-inch, 4,520 CF gondolas with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code J311    BNBX 1003 to BNBX 503553, not inclusive; see Exhibit A.18
Off-lease/stored Group 5      7       3,985 CF open hoppers with rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341    GBRX 20221, GBRX 20239, GBRX 20280, GBRX 20327, GBRX 20345, GBRX 20355, and GBRX 20372
Off-lease/stored Group 6      1       4,074 CF open hopper with 9 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341    GBRX 49082
Off-lease/stored Group 7      2       4,200 CF open hoppers with 5 outlets and rotary couplers, 286,000 lbs. GRL, AAR Car Type Code K341    GBRX 26163 and GBRX 26172
Total      3,885         

 

4


EXHIBIT A.1 (B01-162)

 

Mark

  

Number

  

Mark

  

Number

BNBX    1007    BNBX    1378
BNBX    1034    BNBX    1380
BNBX    1064    BNBX    1385
BNBX    1065    BNBX    1407
BNBX    1077    BNBX    1410
BNBX    1093    BNBX    1416
BNBX    1103    BNBX    1418
BNBX    1145    BNBX    1423
BNBX    1170    BNBX    1424
BNBX    1179    BNBX    1428
BNBX    1207    BNBX    1431
BNBX    1273    BNBX    1433
BNBX    1274    BNBX    1442
BNBX    1291    BNBX    40380
BNBX    1301    BNBX    40419
BNBX    1314    BNBX    503483
BNBX    1325    BNBX    503485
BNBX    1327    BNBX    503532
BNBX    1333    BNBX    503534
BNBX    1350    BNBX    503548
BNBX    1352    BNBX    503549

 

5


EXHIBIT A.2 (B01-190)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

BNBX    1006    BNBX    1116    BNBX    1224    BNBX    1339    BNBX    40535
BNBX    1013    BNBX    1119    BNBX    1231    BNBX    1361    BNBX    40542
BNBX    1018    BNBX    1120    BNBX    1233    BNBX    1364    BNBX    120144
BNBX    1021    BNBX    1125    BNBX    1235    BNBX    1367    BNBX    120147
BNBX    1024    BNBX    1132    BNBX    1242    BNBX    1369    BNBX    120158
BNBX    1040    BNBX    1136    BNBX    1244    BNBX    1374    BNBX    120161
BNBX    1043    BNBX    1147    BNBX    1251    BNBX    1384    BNBX    120162
BNBX    1044    BNBX    1151    BNBX    1252    BNBX    1390    BNBX    120164
BNBX    1054    BNBX    1161    BNBX    1262    BNBX    1394    BNBX    120175
BNBX    1056    BNBX    1163    BNBX    1264    BNBX    1396    BNBX    120181
BNBX    1063    BNBX    1167    BNBX    1265    BNBX    1398    BNBX    120189
BNBX    1068    BNBX    1168    BNBX    1276    BNBX    1400    BNBX    120207
BNBX    1074    BNBX    1171    BNBX    1278    BNBX    1411    BNBX    120226
BNBX    1075    BNBX    1172    BNBX    1285    BNBX    1437    BNBX    120228
BNBX    1079    BNBX    1173    BNBX    1292    BNBX    1441    BNBX    120237
BNBX    1083    BNBX    1177    BNBX    1294    BNBX    1449    BNBX    120291
BNBX    1084    BNBX    1187    BNBX    1295    BNBX    40138    BNBX    120296
BNBX    1085    BNBX    1191    BNBX    1297    BNBX    40254    BNBX    120305
BNBX    1088    BNBX    1195    BNBX    1299    BNBX    40261    BNBX    120316
BNBX    1090    BNBX    1198    BNBX    1300    BNBX    40332    BNBX    120320
BNBX    1099    BNBX    1200    BNBX    1307    BNBX    40360    BNBX    120326
BNBX    1100    BNBX    1202    BNBX    1310    BNBX    40365    BNBX    120340
BNBX    1105    BNBX    1205    BNBX    1312    BNBX    40376    BNBX    120346
BNBX    1106    BNBX    1210    BNBX    1322    BNBX    40501    BNBX    120362
BNBX    1110    BNBX    1217    BNBX    1331    BNBX    40518    BNBX    120363

 

6


EXHIBIT A.3 (C100-001)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

BNBX    1001    BNBX    1186    BNBX    1329    BNBX    120150    BNBX    120304
BNBX    1002    BNBX    1188    BNBX    1337    BNBX    120154    BNBX    120307
BNBX    1010    BNBX    1192    BNBX    1341    BNBX    120155    BNBX    120310
BNBX    1014    BNBX    1193    BNBX    1345    BNBX    120156    BNBX    120318
BNBX    1019    BNBX    1196    BNBX    1347    BNBX    120163    BNBX    120319
BNBX    1028    BNBX    1199    BNBX    1349    BNBX    120165    BNBX    120322
BNBX    1029    BNBX    1203    BNBX    1351    BNBX    120166    BNBX    120323
BNBX    1033    BNBX    1214    BNBX    1363    BNBX    120169    BNBX    120324
BNBX    1035    BNBX    1215    BNBX    1370    BNBX    120173    BNBX    120325
BNBX    1038    BNBX    1221    BNBX    1372    BNBX    120179    BNBX    120331
BNBX    1047    BNBX    1225    BNBX    1375    BNBX    120183    BNBX    120341
BNBX    1049    BNBX    1226    BNBX    1376    BNBX    120185    BNBX    120344
BNBX    1050    BNBX    1228    BNBX    1377    BNBX    120186    BNBX    120345
BNBX    1051    BNBX    1229    BNBX    1382    BNBX    120200    BNBX    120347
BNBX    1073    BNBX    1234    BNBX    1386    BNBX    120203    BNBX    120349
BNBX    1076    BNBX    1237    BNBX    1392    BNBX    120204    BNBX    120356
BNBX    1080    BNBX    1240    BNBX    1395    BNBX    120209    BNBX    120360
BNBX    1081    BNBX    1246    BNBX    1399    BNBX    120218    BNBX    120368
BNBX    1096    BNBX    1247    BNBX    1412    BNBX    120219    BNBX    120369
BNBX    1098    BNBX    1249    BNBX    1413    BNBX    120220    BNBX    120372
BNBX    1101    BNBX    1253    BNBX    1414    BNBX    120221    BNBX    120374
BNBX    1111    BNBX    1254    BNBX    1420    BNBX    120222    BNBX    503492
BNBX    1115    BNBX    1255    BNBX    1425    BNBX    120223    BNBX    503495
BNBX    1117    BNBX    1256    BNBX    1435    BNBX    120225    BNBX    503496
BNBX    1124    BNBX    1260    BNBX    1438    BNBX    120235    BNBX    503502
BNBX    1127    BNBX    1263    BNBX    1444    BNBX    120241    BNBX    503509
BNBX    1133    BNBX    1266    BNBX    1450    BNBX    120246    BNBX    503510
BNBX    1135    BNBX    1271    BNBX    120111    BNBX    120249    BNBX    503512
BNBX    1137    BNBX    1279    BNBX    120113    BNBX    120252    BNBX    503521
BNBX    1140    BNBX    1284    BNBX    120115    BNBX    120253    BNBX    503522
BNBX    1143    BNBX    1287    BNBX    120117    BNBX    120254    BNBX    503531
BNBX    1144    BNBX    1296    BNBX    120118    BNBX    120256    BNBX    503535
BNBX    1146    BNBX    1298    BNBX    120121    BNBX    120257    BNBX    503537
BNBX    1150    BNBX    1308    BNBX    120126    BNBX    120258    BNBX    503538
BNBX    1154    BNBX    1309    BNBX    120128    BNBX    120264    BNBX    503546
BNBX    1165    BNBX    1316    BNBX    120131    BNBX    120265    BNBX    503550
BNBX    1175    BNBX    1318    BNBX    120138    BNBX    120268      
BNBX    1178    BNBX    1319    BNBX    120141    BNBX    120281      
BNBX    1182    BNBX    1320    BNBX    120146    BNBX    120282      
BNBX    1185    BNBX    1323    BNBX    120148    BNBX    120297      

 

7


EXHIBIT A.4 (D07-007)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

AOK    21531    AOK    29175    AOK    29239    AOK    29304
AOK    21540    AOK    29177    AOK    29240    AOK    29305
AOK    21546    AOK    29180    AOK    29241    AOK    29307
AOK    21552    AOK    29182    AOK    29242    AOK    29311
AOK    21561    AOK    29184    AOK    29243    AOK    29312
AOK    21564    AOK    29186    AOK    29245    AOK    29313
AOK    21568    AOK    29189    AOK    29246    AOK    29315
AOK    21569    AOK    29194    AOK    29251    AOK    29317
AOK    21571    AOK    29195    AOK    29252    AOK    29319
AOK    29150    AOK    29197    AOK    29253    AOK    29322
AOK    29151    AOK    29199    AOK    29260    AOK    29325
AOK    29152    AOK    29200    AOK    29263    AOK    29328
AOK    29153    AOK    29201    AOK    29264    AOK    29329
AOK    29154    AOK    29203    AOK    29268    AOK    29330
AOK    29155    AOK    29208    AOK    29269    AOK    29336
AOK    29157    AOK    29210    AOK    29270    AOK    29338
AOK    29158    AOK    29212    AOK    29273    AOK    29341
AOK    29160    AOK    29214    AOK    29285    AOK    29342
AOK    29161    AOK    29219    AOK    29287    AOK    29343
AOK    29162    AOK    29222    AOK    29288    AOK    29345
AOK    29165    AOK    29223    AOK    29289    AOK    29348
AOK    29167    AOK    29225    AOK    29296      
AOK    29171    AOK    29231    AOK    29297      
AOK    29172    AOK    29233    AOK    29301      
AOK    29173    AOK    29238    AOK    29302      

 

8


EXHIBIT A.5 (E03-004)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

BNBX    1008    BNBX    1379    BNBX    40283    BNBX    40413
BNBX    1022    BNBX    1408    BNBX    40284    BNBX    40427
BNBX    1025    BNBX    1422    BNBX    40286    BNBX    40429
BNBX    1031    BNBX    1427    BNBX    40287    BNBX    40432
BNBX    1042    BNBX    1436    BNBX    40293    BNBX    40437
BNBX    1052    BNBX    1439    BNBX    40298    BNBX    40439
BNBX    1059    BNBX    1440    BNBX    40299    BNBX    40441
BNBX    1069    BNBX    1443    BNBX    40302    BNBX    40447
BNBX    1071    BNBX    40132    BNBX    40308    BNBX    40459
BNBX    1107    BNBX    40141    BNBX    40318    BNBX    40464
BNBX    1121    BNBX    40143    BNBX    40320    BNBX    40493
BNBX    1122    BNBX    40148    BNBX    40322    BNBX    40495
BNBX    1142    BNBX    40155    BNBX    40327    BNBX    40506
BNBX    1155    BNBX    40167    BNBX    40329    BNBX    40521
BNBX    1156    BNBX    40186    BNBX    40333    BNBX    40524
BNBX    1160    BNBX    40196    BNBX    40335    BNBX    40527
BNBX    1183    BNBX    40199    BNBX    40337    BNBX    40530
BNBX    1189    BNBX    40204    BNBX    40342    BNBX    40539
BNBX    1194    BNBX    40206    BNBX    40347    BNBX    40543
BNBX    1211    BNBX    40228    BNBX    40356    BNBX    40545
BNBX    1212    BNBX    40229    BNBX    40364    BNBX    40546
BNBX    1213    BNBX    40236    BNBX    40370    BNBX    40560
BNBX    1218    BNBX    40238    BNBX    40371    BNBX    40563
BNBX    1219    BNBX    40243    BNBX    40372    BNBX    40567
BNBX    1248    BNBX    40248    BNBX    40373    BNBX    40573
BNBX    1269    BNBX    40249    BNBX    40378    BNBX    40575
BNBX    1281    BNBX    40253    BNBX    40387    BNBX    40580
BNBX    1288    BNBX    40256    BNBX    40389    BNBX    40584
BNBX    1293    BNBX    40257    BNBX    40392    BNBX    40590
BNBX    1304    BNBX    40263    BNBX    40396    BNBX    40591
BNBX    1340    BNBX    40264    BNBX    40399    BNBX    40592
BNBX    1342    BNBX    40266    BNBX    40400    BNBX    503494
BNBX    1343    BNBX    40278    BNBX    40404    BNBX    503516
BNBX    1356    BNBX    40279    BNBX    40406    BNBX    503524
BNBX    1366    BNBX    40282    BNBX    40410    BNBX    503543
                  BNBX    503545

 

9


EXHIBIT A.6 (E33-002)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

BNBX    120110    BNBX    120168    BNBX    120211    BNBX    120261    BNBX    120327
BNBX    120112    BNBX    120170    BNBX    120212    BNBX    120262    BNBX    120332
BNBX    120114    BNBX    120171    BNBX    120213    BNBX    120263    BNBX    120333
BNBX    120116    BNBX    120172    BNBX    120214    BNBX    120267    BNBX    120334
BNBX    120119    BNBX    120174    BNBX    120215    BNBX    120279    BNBX    120335
BNBX    120120    BNBX    120176    BNBX    120216    BNBX    120280    BNBX    120336
BNBX    120122    BNBX    120177    BNBX    120217    BNBX    120283    BNBX    120337
BNBX    120123    BNBX    120178    BNBX    120224    BNBX    120287    BNBX    120338
BNBX    120124    BNBX    120180    BNBX    120227    BNBX    120288    BNBX    120339
BNBX    120125    BNBX    120182    BNBX    120229    BNBX    120289    BNBX    120342
BNBX    120129    BNBX    120184    BNBX    120230    BNBX    120290    BNBX    120343
BNBX    120130    BNBX    120187    BNBX    120231    BNBX    120292    BNBX    120348
BNBX    120132    BNBX    120188    BNBX    120232    BNBX    120294    BNBX    120350
BNBX    120135    BNBX    120190    BNBX    120233    BNBX    120295    BNBX    120351
BNBX    120136    BNBX    120191    BNBX    120234    BNBX    120298    BNBX    120352
BNBX    120137    BNBX    120192    BNBX    120236    BNBX    120299    BNBX    120353
BNBX    120139    BNBX    120193    BNBX    120238    BNBX    120300    BNBX    120354
BNBX    120140    BNBX    120194    BNBX    120239    BNBX    120301    BNBX    120355
BNBX    120142    BNBX    120195    BNBX    120242    BNBX    120302    BNBX    120357
BNBX    120143    BNBX    120196    BNBX    120243    BNBX    120303    BNBX    120358
BNBX    120145    BNBX    120197    BNBX    120244    BNBX    120306    BNBX    120359
BNBX    120149    BNBX    120198    BNBX    120245    BNBX    120308    BNBX    120361
BNBX    120151    BNBX    120199    BNBX    120247    BNBX    120309    BNBX    120364
BNBX    120152    BNBX    120201    BNBX    120248    BNBX    120311    BNBX    120365
BNBX    120153    BNBX    120202    BNBX    120250    BNBX    120312    BNBX    120366
BNBX    120157    BNBX    120205    BNBX    120251    BNBX    120313    BNBX    120367
BNBX    120159    BNBX    120206    BNBX    120255    BNBX    120315    BNBX    120370
BNBX    120160    BNBX    120208    BNBX    120259    BNBX    120317    BNBX    120371
BNBX    120167    BNBX    120210    BNBX    120260    BNBX    120321    BNBX    120373

 

10


EXHIBIT A.7 (L10-022)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

CEFX    81080    GBRX    81081    GBRX    81112    GBRX    81143
CEFX    81092    GBRX    81082    GBRX    81113    GBRX    81145
CEFX    81095    GBRX    81083    GBRX    81114    GBRX    81146
CEFX    81103    GBRX    81084    GBRX    81115    GBRX    81147
CEFX    81108    GBRX    81085    GBRX    81116    GBRX    81150
CEFX    81109    GBRX    81086    GBRX    81118    GBRX    81151
CEFX    81110    GBRX    81087    GBRX    81121    GBRX    81152
CEFX    81117    GBRX    81088    GBRX    81122    GBRX    81153
CEFX    81119    GBRX    81089    GBRX    81123    GBRX    81155
CEFX    81120    GBRX    81090    GBRX    81124    GBRX    81156
CEFX    81126    GBRX    81091    GBRX    81125    GBRX    81157
CEFX    81130    GBRX    81093    GBRX    81127    GBRX    81161
CEFX    81139    GBRX    81094    GBRX    81128    GBRX    81162
CEFX    81144    GBRX    81096    GBRX    81129    GBRX    81163
CEFX    81148    GBRX    81097    GBRX    81131    GBRX    81164
CEFX    81149    GBRX    81098    GBRX    81132    GBRX    81165
CEFX    81154    GBRX    81099    GBRX    81133    GBRX    81166
CEFX    81158    GBRX    81100    GBRX    81134    GBRX    81167
CEFX    81160    GBRX    81101    GBRX    81135    GBRX    81168
GBRX    81074    GBRX    81102    GBRX    81136    GBRX    81169
GBRX    81075    GBRX    81104    GBRX    81137    GBRX    81170
GBRX    81076    GBRX    81105    GBRX    81138    GBRX    81171
GBRX    81077    GBRX    81106    GBRX    81140    GBRX    81172
GBRX    81078    GBRX    81107    GBRX    81141    GBRX    81173
GBRX    81079    GBRX    81111    GBRX    81142      

 

11


EXHIBIT A.8 (L05-003)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

AOK    21530    AOK    21560    AOK    29224
AOK    21532    AOK    21562    AOK    29227
AOK    21533    AOK    21563    AOK    29236
AOK    21534    AOK    21565    AOK    29237
AOK    21535    AOK    21566    AOK    29247
AOK    21536    AOK    21567    AOK    29254
AOK    21537    AOK    21570    AOK    29255
AOK    21538    AOK    21572    AOK    29259
AOK    21539    AOK    21573    AOK    29280
AOK    21541    AOK    21574    AOK    29286
AOK    21542    AOK    21575    AOK    29294
AOK    21543    AOK    21576    AOK    29298
AOK    21544    AOK    21577    AOK    29300
AOK    21545    AOK    21579    AOK    29308
AOK    21547    AOK    29164    AOK    29309
AOK    21548    AOK    29176    AOK    29310
AOK    21549    AOK    29181    AOK    29314
AOK    21550    AOK    29185    AOK    29331
AOK    21553    AOK    29190    AOK    29332
AOK    21554    AOK    29193    AOK    29333
AOK    21555    AOK    29202    AOK    29334
AOK    21556    AOK    29205    AOK    29335
AOK    21557    AOK    29206    AOK    29344
AOK    21558    AOK    29213    AOK    29349
AOK    21559    AOK    29215      

 

12


EXHIBIT A.9 (M10-025)

 

   

Mark

  

Number

    
  AOK    120008   
  AOK    120009   
  AOK    120011   
  AOK    120016   
  AOK    120026   
  AOK    120027   
  AOK    120034   
  AOK    120037   
  AOK    120039   
  AOK    120054   
  AOK    120055   
  AOK    120060   
  AOK    120064   
  AOK    120077   
  AOK    120079   
  AOK    120095   
  AOK    120104   
  AOK    120115   
  AOK    120120   
  AOK    120122   
  AOK    120123   
  AOK    120126   
  AOK    120127   
  AOK    120130   
  AOK    120142   

 

13


EXHIBIT A.10 (P28-009)

 

   

Mark

  

Number

    
  BNBX    95072   
  BNBX    95080   
  BNBX    95084   
  BNBX    95397   
  BNBX    95432   
  BNBX    95448   
  BNBX    95449   
  BNBX    95450   
  BNBX    95469   
  BNBX    95475   
  BNBX    95476   
  BNBX    95485   
  BNBX    95486   
  BNBX    95487   
  BNBX    95488   
  BNBX    95489   
  BNBX    95490   
  BNBX    95491   
  BNBX    95492   
  BNBX    95493   
  BNBX    95494   
  BNBX    95495   
  BNBX    95497   
  BNBX    95498   
  BNBX    95500   
  BNBX    95716   

 

14


EXHIBIT A.11 (P06-007)

 

Mark

  

Number

  

Mark

  

Number

AOK    120000    AOK    120085
AOK    120004    AOK    120087
AOK    120013    AOK    120088
AOK    120014    AOK    120090
AOK    120015    AOK    120099
AOK    120022    AOK    120100
AOK    120028    AOK    120101
AOK    120030    AOK    120107
AOK    120032    AOK    120108
AOK    120033    AOK    120117
AOK    120047    AOK    120118
AOK    120053    AOK    120121
AOK    120058    AOK    120124
AOK    120062    AOK    120129
AOK    120066    AOK    120131
AOK    120067    AOK    120132
AOK    120068    AOK    120133
AOK    120069    AOK    120134
AOK    120070    AOK    120135
AOK    120074    AOK    120140
AOK    120075    AOK    120145
AOK    120078    AOK    120146
AOK    120080    AOK    120147
AOK    120082    AOK    120148
AOK    120084    AOK    120149

 

15


EXHIBIT A.12 (S68-002)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

BNBX    1017    BNBX    40150    BNBX    40268    BNBX    40397    BNBX    40515
BNBX    1030    BNBX    40153    BNBX    40273    BNBX    40402    BNBX    40519
BNBX    1041    BNBX    40156    BNBX    40276    BNBX    40405    BNBX    40525
BNBX    1048    BNBX    40157    BNBX    40295    BNBX    40407    BNBX    40528
BNBX    1057    BNBX    40164    BNBX    40306    BNBX    40415    BNBX    40533
BNBX    1067    BNBX    40165    BNBX    40307    BNBX    40418    BNBX    40534
BNBX    1072    BNBX    40181    BNBX    40311    BNBX    40421    BNBX    40541
BNBX    1094    BNBX    40182    BNBX    40317    BNBX    40428    BNBX    40548
BNBX    1095    BNBX    40183    BNBX    40321    BNBX    40440    BNBX    40549
BNBX    1118    BNBX    40187    BNBX    40323    BNBX    40445    BNBX    40550
BNBX    1190    BNBX    40188    BNBX    40324    BNBX    40446    BNBX    40553
BNBX    1216    BNBX    40190    BNBX    40331    BNBX    40449    BNBX    40559
BNBX    1220    BNBX    40191    BNBX    40338    BNBX    40454    BNBX    40564
BNBX    1259    BNBX    40192    BNBX    40339    BNBX    40460    BNBX    40565
BNBX    1282    BNBX    40193    BNBX    40341    BNBX    40466    BNBX    40568
BNBX    1290    BNBX    40201    BNBX    40348    BNBX    40467    BNBX    40576
BNBX    1303    BNBX    40205    BNBX    40352    BNBX    40468    BNBX    40579
BNBX    1334    BNBX    40208    BNBX    40353    BNBX    40471    BNBX    40588
BNBX    1338    BNBX    40219    BNBX    40355    BNBX    40472    BNBX    40589
BNBX    1357    BNBX    40223    BNBX    40357    BNBX    40483    BNBX    503487
BNBX    1409    BNBX    40224    BNBX    40361    BNBX    40484    BNBX    503497
BNBX    1415    BNBX    40234    BNBX    40366    BNBX    40490    BNBX    503500
BNBX    40115    BNBX    40239    BNBX    40368    BNBX    40491    BNBX    503508
BNBX    40122    BNBX    40245    BNBX    40369    BNBX    40502    BNBX    503511
BNBX    40126    BNBX    40246    BNBX    40381    BNBX    40509    BNBX    503539
BNBX    40127    BNBX    40255    BNBX    40386    BNBX    40510      
BNBX    40146    BNBX    40259    BNBX    40388    BNBX    40511      
BNBX    40147    BNBX    40260    BNBX    40393    BNBX    40513      
BNBX    40149    BNBX    40262    BNBX    40395    BNBX    40514      

 

16


EXHIBIT A.13 (S65-001)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

GBRX    49001    GBRX    49063    GBRX    49114    GBRX    49187
GBRX    49005    GBRX    49064    GBRX    49115    GBRX    49189
GBRX    49008    GBRX    49065    GBRX    49121    GBRX    49190
GBRX    49009    GBRX    49066    GBRX    49122    GBRX    49192
GBRX    49011    GBRX    49067    GBRX    49123    GBRX    49193
GBRX    49012    GBRX    49068    GBRX    49125    GBRX    49194
GBRX    49017    GBRX    49072    GBRX    49126    GBRX    49196
GBRX    49019    GBRX    49073    GBRX    49127    GBRX    49197
GBRX    49021    GBRX    49074    GBRX    49129    GBRX    49200
GBRX    49024    GBRX    49077    GBRX    49136    GBRX    49201
GBRX    49025    GBRX    49079    GBRX    49137    GBRX    49202
GBRX    49027    GBRX    49080    GBRX    49138    GBRX    49203
GBRX    49028    GBRX    49081    GBRX    49142    GBRX    49205
GBRX    49029    GBRX    49083    GBRX    49145    GBRX    49206
GBRX    49030    GBRX    49084    GBRX    49146    GBRX    49207
GBRX    49032    GBRX    49087    GBRX    49149    GBRX    49212
GBRX    49033    GBRX    49088    GBRX    49151    GBRX    49214
GBRX    49034    GBRX    49089    GBRX    49152    GBRX    49215
GBRX    49036    GBRX    49091    GBRX    49161    GBRX    49216
GBRX    49037    GBRX    49092    GBRX    49162    GBRX    49218
GBRX    49038    GBRX    49093    GBRX    49164    GBRX    49219
GBRX    49043    GBRX    49094    GBRX    49166    GBRX    49220
GBRX    49049    GBRX    49096    GBRX    49170    GBRX    49226
GBRX    49050    GBRX    49098    GBRX    49171    GBRX    49227
GBRX    49051    GBRX    49103    GBRX    49172    GBRX    49232
GBRX    49053    GBRX    49104    GBRX    49173    GBRX    49233
GBRX    49055    GBRX    49105    GBRX    49175    GBRX    49236
GBRX    49056    GBRX    49106    GBRX    49177    GBRX    49237
GBRX    49059    GBRX    49109    GBRX    49183    GBRX    49242
GBRX    49061    GBRX    49112    GBRX    49185    GBRX    49244

 

17


EXHIBIT A.14 (S65-005)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

BNBX    503554    GBRX    49041    GBRX    49120    GBRX    49179
BNBX    503555    GBRX    49042    GBRX    49124    GBRX    49180
BNBX    503556    GBRX    49044    GBRX    49128    GBRX    49181
BNBX    503557    GBRX    49045    GBRX    49130    GBRX    49182
BNBX    503558    GBRX    49046    GBRX    49131    GBRX    49184
BNBX    503559    GBRX    49047    GBRX    49132    GBRX    49186
BNBX    503560    GBRX    49048    GBRX    49133    GBRX    49188
BNBX    503561    GBRX    49052    GBRX    49134    GBRX    49195
BNBX    503562    GBRX    49054    GBRX    49135    GBRX    49198
BNBX    503563    GBRX    49057    GBRX    49139    GBRX    49204
BNBX    503564    GBRX    49058    GBRX    49140    GBRX    49208
BNBX    503565    GBRX    49060    GBRX    49141    GBRX    49210
BNBX    503566    GBRX    49069    GBRX    49144    GBRX    49211
GBRX    49002    GBRX    49070    GBRX    49147    GBRX    49213
GBRX    49003    GBRX    49071    GBRX    49148    GBRX    49217
GBRX    49004    GBRX    49075    GBRX    49150    GBRX    49221
GBRX    49006    GBRX    49076    GBRX    49153    GBRX    49223
GBRX    49007    GBRX    49078    GBRX    49154    GBRX    49224
GBRX    49010    GBRX    49085    GBRX    49155    GBRX    49225
GBRX    49013    GBRX    49086    GBRX    49156    GBRX    49228
GBRX    49014    GBRX    49097    GBRX    49157    GBRX    49229
GBRX    49015    GBRX    49099    GBRX    49158    GBRX    49230
GBRX    49016    GBRX    49100    GBRX    49159    GBRX    49231
GBRX    49018    GBRX    49101    GBRX    49160    GBRX    49234
GBRX    49020    GBRX    49102    GBRX    49163    GBRX    49235
GBRX    49022    GBRX    49110    GBRX    49165    GBRX    49238
GBRX    49023    GBRX    49111    GBRX    49167    GBRX    49239
GBRX    49026    GBRX    49113    GBRX    49168    GBRX    49240
GBRX    49031    GBRX    49116    GBRX    49169    GBRX    49241
GBRX    49035    GBRX    49117    GBRX    49174    GBRX    49243
GBRX    49039    GBRX    49118    GBRX    49176    GBRX    49245
GBRX    49040    GBRX    49119    GBRX    49178      

 

18


EXHIBIT A.15 (T21-020)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

AOKX    65505    AOKX    65567    AOKX    65610    AOKX    65662
AOKX    65509    AOKX    65569    AOKX    65614    AOKX    65664
AOKX    65511    AOKX    65573    AOKX    65615    AOKX    65665
AOKX    65514    AOKX    65574    AOKX    65616    AOKX    65668
AOKX    65515    AOKX    65575    AOKX    65623    AOKX    65669
AOKX    65519    AOKX    65576    AOKX    65626    AOKX    65671
AOKX    65520    AOKX    65578    AOKX    65627    AOKX    65673
AOKX    65524    AOKX    65580    AOKX    65630    AOKX    65675
AOKX    65528    AOKX    65584    AOKX    65634    AOKX    65676
AOKX    65529    AOKX    65585    AOKX    65635    AOKX    65677
AOKX    65530    AOKX    65589    AOKX    65636    AOKX    65678
AOKX    65533    AOKX    65592    AOKX    65640    AOKX    65682
AOKX    65535    AOKX    65593    AOKX    65642    AOKX    65684
AOKX    65536    AOKX    65596    AOKX    65644    AOKX    65688
AOKX    65537    AOKX    65597    AOKX    65645    AOKX    65690
AOKX    65538    AOKX    65598    AOKX    65646    AOKX    65693
AOKX    65546    AOKX    65599    AOKX    65648    AOKX    65694
AOKX    65550    AOKX    65600    AOKX    65650    AOKX    65699
AOKX    65556    AOKX    65601    AOKX    65652    AOKX    65700
AOKX    65557    AOKX    65602    AOKX    65655    AOKX    65701
AOKX    65560    AOKX    65603    AOKX    65656    AOKX    65704
AOKX    65561    AOKX    65606    AOKX    65658    AOKX    65705
AOKX    65562    AOKX    65607    AOKX    65659    AOKX    65706
AOKX    65565    AOKX    65608    AOKX    65660    AOKX    65708
AOKX    65566    AOKX    65609    AOKX    65661    AOKX    65709

 

19


EXHIBIT A.16 (W04-022)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

AOK    354617    AOK    354711    AOK    354788    AOK    354877
AOK    354618    AOK    354712    AOK    354789    AOK    354881
AOK    354620    AOK    354714    AOK    354796    AOK    354887
AOK    354622    AOK    354717    AOK    354801    AOK    354888
AOK    354634    AOK    354725    AOK    354803    AOK    354898
AOK    354642    AOK    354728    AOK    354807    AOK    354906
AOK    354644    AOK    354729    AOK    354808    AOK    354912
AOK    354645    AOK    354730    AOK    354813    AOK    354919
AOK    354647    AOK    354733    AOK    354815    AOK    354930
AOK    354650    AOK    354735    AOK    354822    AOK    354931
AOK    354654    AOK    354737    AOK    354823    AOK    354937
AOK    354656    AOK    354741    AOK    354824    AOK    354940
AOK    354658    AOK    354742    AOK    354826    AOK    354948
AOK    354659    AOK    354746    AOK    354829    AOK    354960
AOK    354672    AOK    354747    AOK    354839    AOK    354962
AOK    354677    AOK    354749    AOK    354846    AOK    354963
AOK    354683    AOK    354759    AOK    354847    AOK    354968
AOK    354690    AOK    354770    AOK    354854    AOK    354971
AOK    354694    AOK    354771    AOK    354860    AOK    354982
AOK    354695    AOK    354773    AOK    354865    AOK    354991
AOK    354697    AOK    354776    AOK    354867    AOK    354992
AOK    354698    AOK    354777    AOK    354868    AOK    354998
AOK    354700    AOK    354780    AOK    354871      
AOK    354706    AOK    354781    AOK    354872      

 

20


EXHIBIT A.17 (Off-Lease Group 1)

 

   

Mark

  

Number

    
  AOK    65501   
  AOK    65508   
  AOK    65525   
  AOK    65526   
  AOK    65534   
  AOK    65541   
  AOK    65543   
  AOK    65568   
  AOK    65594   
  AOK    65595   
  AOK    65611   
  AOK    65612   
  AOK    65619   
  AOK    65622   
  AOK    65624   
  AOK    65625   
  AOK    65631   
  AOK    65654   
  AOK    65666   
  AOK    65674   
  AOK    65681   

 

21


EXHIBIT A.18 (Off-Lease Group 4)

 

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

  

Mark

  

Number

BNBX    1003    BNBX    1128    BNBX    1238    BNBX    1383
BNBX    1005    BNBX    1129    BNBX    1239    BNBX    1387
BNBX    1011    BNBX    1131    BNBX    1243    BNBX    1388
BNBX    1012    BNBX    1138    BNBX    1257    BNBX    1389
BNBX    1015    BNBX    1139    BNBX    1258    BNBX    1391
BNBX    1016    BNBX    1141    BNBX    1267    BNBX    1393
BNBX    1026    BNBX    1148    BNBX    1270    BNBX    1397
BNBX    1027    BNBX    1149    BNBX    1272    BNBX    503484
BNBX    1032    BNBX    1152    BNBX    1275    BNBX    503486
BNBX    1036    BNBX    1153    BNBX    1280    BNBX    503488
BNBX    1037    BNBX    1157    BNBX    1283    BNBX    503490
BNBX    1039    BNBX    1158    BNBX    1302    BNBX    503493
BNBX    1045    BNBX    1159    BNBX    1305    BNBX    503498
BNBX    1046    BNBX    1174    BNBX    1306    BNBX    503501
BNBX    1055    BNBX    1176    BNBX    1313    BNBX    503503
BNBX    1058    BNBX    1180    BNBX    1315    BNBX    503505
BNBX    1060    BNBX    1184    BNBX    1326    BNBX    503506
BNBX    1061    BNBX    1197    BNBX    1336    BNBX    503514
BNBX    1062    BNBX    1201    BNBX    1344    BNBX    503525
BNBX    1066    BNBX    1204    BNBX    1348    BNBX    503530
BNBX    1070    BNBX    1206    BNBX    1353    BNBX    503533
BNBX    1078    BNBX    1208    BNBX    1354    BNBX    503536
BNBX    1086    BNBX    1209    BNBX    1355    BNBX    503540
BNBX    1091    BNBX    1222    BNBX    1359    BNBX    503541
BNBX    1104    BNBX    1223    BNBX    1360    BNBX    503542
BNBX    1112    BNBX    1227    BNBX    1365    BNBX    503544
BNBX    1113    BNBX    1230    BNBX    1368    BNBX    503551
BNBX    1123    BNBX    1232    BNBX    1371    BNBX    503552
BNBX    1126    BNBX    1236    BNBX    1381    BNBX    503553

 

22


LEASES

 

Lease ID

  

Description

  

STB
Recordation #

B01-140   

Master Full Service Railcar Lease dated March 16, 2011 and effective June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and BNSF Railway Company.

 

Schedule No. 6 dated November 16, 2011 and effective October 1, 2010, to that certain Master Full Service Railcar Lease dated March 16, 2011 and effective June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and BNSF Railway Company.

 

Amendment No. 1 to Schedule No. 6, dated January 31, 2013 and effective October 1, 2013, by and between WL Ross-Greenbrier Rail I LLC and BNSF Railway Company.

 

Extension Letter effective October 1, 2014, by and between WL Ross-Greenbrier Rail I LLC and BNSF Railway Company, extending lease to September 30, 2015.

   29797-E
B01-159   

Master Full Service Railcar Lease dated March 16, 2011 and effective June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and BNSF Rail Company.

 

Schedule No. 1 dated March 16, 2011 and effective June 1, 2010, to that certain Master Full Service Railcar Lease dated March 16, 2011 and effective June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and BNSF Rail Company.

 

Amendment No. 1 to Schedule No. 1, effective as of June 18, 2011, by and between WL Ross-Greenbrier Rail I LLC and BNSF Rail Company.

 

Amendment No. 2 to Schedule No. 1, dated July 17, 2014 and effective June 17, 2014, by and between WL Ross-Greenbrier Rail I LLC and BNSF Rail Company.

   29797
B01-162   

Master Full Service Railcar Lease dated March 16, 2011 and effective June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Schedule No. 5 dated June 27, 2011 and effective October 1, 2010, to that certain Master Full Service Railcar Lease dated March 16, 2011 and effective June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Amendment No. 1 to Schedule No. 5, dated November 11, 2011 and effective October 14, 2011, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Amendment No. 2 to Schedule No. 5, dated November 08, 2013 and effective October 14, 2012, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Amendment No. 3 to Schedule No. 5, dated January 31, 2014 and effective October 14, 2013, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Amendment No. 4 to Schedule No. 5, dated December 4, 2014 and effective October 14, 2014, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

   29797-F
B01-190   

Master Full Service Lease Agreement dated March 16, 2011 and effective as of June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Schedule No. 7 dated November 8, 2013, and effective June 1, 2010, to that certain Master Full Service Lease Agreement dated March 16, 2011 and effective as of June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Amendment No. 1 to Schedule No. 7, dated November 8, 2013, and effective June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

   30995


Lease ID

  

Description

  

STB
Recordation #

B01-191   

Master Full Service Lease Agreement dated March 16, 2011 and effective as of June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Schedule No. 8 dated November 8, 2013 to that certain Master Full Service Lease Agreement dated March 16, 2011 and effective as of June 1, 2010, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

 

Amendment No. 1 to Schedule No. 8, effective July 19, 2014, by and between WL Ross-Greenbrier Rail I LLC to BNSF Rail Company.

   30996-A
S66-001   

Master Net Railcar Lease dated April 24, 2006, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and C&J Energy Services (formerly Nabors Completion & Production Services, successor to Superior Well Services).

 

Schedule No. 4 dated December 14, 2006 to Master Net Railcar Lease dated April 24, 2006, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and C&J Energy Services (formerly Nabors Completion & Production Services, successor to Superior Well Services).

 

Amendment No. 2 to Schedule No. 4, effective December 31, 2013, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and C&J Energy Services (formerly Nabors Completion & Production Services, successor to Superior Well Services).

   26766-A
A62-001   

Lease Agreement dated as of July 15, 2014 by and between WL Ross-Greenbrier Rail I LLC and Celanese Ltd. (formerly AT Plastics, Inc.).

 

Schedule No. 1 entered into as of July 15, 2014, effective retroactive to August 23, 2013, to that certain Lease Agreement dated as of July 15, 2014 by and between WL Ross-Greenbrier Rail I LLC and Celanese Ltd. (formerly AT Plastics, Inc.).

   31428
A62-002   

Railcar Net Lease Agreement dated March 31, 1998, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Trinity Industries Leasing Company) and Celanese Ltd (formerly AT Plastics, Inc.).

 

Rider No. 1 dated July 9, 1999 to that certain Railcar Net Lease Agreement dated March 31, 1998, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Trinity Industries Leasing Company) and Celanese Ltd (formerly AT Plastics, Inc.).

 

Amendment No. 1 to Rider No. 1, dated July 9, 1999, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Trinity Industries Leasing Company) and Celanese Ltd (formerly AT Plastics, Inc.).

 

Amendment No. 2 to Rider No. 1, dated September 1, 2014, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Trinity Industries Leasing Company) and Celanese Ltd (formerly AT Plastics, Inc.).

   23199
C07-038   

Master Lease Agreement dated June 15, 2012, by and between WL Ross-Greenbrier Rail I LLC and Canadian National Railway Company.

 

Rider No. 1 dated June 15, 2012 to that certain Master Lease Agreement dated June 15, 2012, by and between WL Ross-Greenbrier Rail I LLC and Canadian National Railway Company.

   None
C100-001   

Lease Agreement dated June 15, 2014, by and between WL Ross-Greenbrier Rail I LLC and the City of San Antonio, acting by and through its City Public Service Board.

 

Schedule No. 1 dated June 15, 2014 to that certain Lease Agreement dated June 15, 2014, by and between WL Ross-Greenbrier Rail I LLC and the City of San Antonio, acting by and through its City Public Service Board.

   31653

 

2


Lease ID

  

Description

  

STB
Recordation #

C02-044   

Master Full Service Railcar Lease dated December 14, 2012 and effective April 29, 2010, by and between WL Ross-Greenbrier Rail I LLC and CSX Transportation, Inc.

 

Schedule No. 1 dated as of January 1, 2013 and effective April 29, 2010, to that certain Master Full Service Railcar Lease dated December 14, 2012 and effective April 29, 2010, by and between WL Ross-Greenbrier Rail I LLC and CSX Transportation, Inc.

 

Storage/utilization amendment to Schedule No. 1, effective July 1, 2015, by and between WL Ross-Greenbrier Rail I LLC and CSX Transportation, Inc.

   30756
C02-048   

Master Lease dated December 14, 2012 and effective April 29, 2010, by and between WL Ross-Greenbrier Railcar I LLC and CSX Transportation Inc.

 

Schedule No. 2 effective May 1, 2011, to that certain Master Lease dated December 14, 2012 and effective April 29, 2010, by and between WL Ross-Greenbrier Railcar I LLC and CSX Transportation Inc.

 

Proposal letter agreement effective April 30, 2014, to renew and amend Schedule No. 2, by and between WL Ross-Greenbrier Railcar I LLC and CSX Transportation Inc.

   30757-A
D07-007   

Lease Agreement dated February 1, 2012 and effective November 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and De Queen and Eastern Railroad LLC.

 

Rider No. 1 dated February 1, 2012 and effective November 1, 2010, to that certain Lease Agreement dated February 1, 2012 and effective November 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and De Queen and Eastern Railroad LLC.

   31509
E03-004   

Master Full Service Railcar Lease dated October 1, 2010, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Entergy Gulf States Louisiana, LLC.

 

Schedule No. 2 dated April 24, 2015 to that certain Master Full Service Railcar Lease dated October 1, 2010, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Entergy Gulf States Louisiana, LLC.

   31841
E33-002   

Master Full Service Railcar Lease dated as of September 1, 2014, by and between WL Ross-Greenbrier Rail I LLC and Entergy Arkansas, Inc.

 

Schedule No. 1 dated as of September 26, 2014, to that certain Master Full Service Railcar Lease dated as of September 1, 2014, by and between WL Ross-Greenbrier Rail I LLC and Entergy Arkansas, Inc.

   31675
G08-011   

Master Full Service Railcar Lease dated July 1, 2011, by and between WL Ross-Greenbrier Rail I LLC and Georgia Power Company.

 

Schedule No. 2 dated August 1, 2014 to that certain Master Full Service Railcar Lease dated July 1, 2011, by and between WL Ross-Greenbrier Rail I LLC and Georgia Power Company.

   31678

 

3


Lease ID

  

Description

  

STB
Recordation #

K08-002   

Master Full Service Railcar Lease Agreement dated May 1, 2005 by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Knauf Insulation GmbH.

 

Schedule No. 02 dated December 1, 2006 to the Master Full Service Railcar Lease Agreement dated May 1, 2005 by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Knauf Insulation GmbH.

 

Amendment No. 1 to Schedule No. 02, entered into on January 17, 2007, effective December 1, 2006, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Knauf Insulation GmbH.

 

Amendment No. 2 to Schedule No. 02, dated January 31, 2012 and effective as of February 1, 2012, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Knauf Insulation GmbH.

   25702-A
L04-003   

Master Net Railcar Lease dated September 9, 2005, and effective August 1, 2005, between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Lafarge North American Inc. (as assignee of Blue Circle North America, Inc.).

 

Schedule No. 01 dated September 9, 2005, and effective August 1, 2005, to that certain Master Net Railcar Lease dated September 9, 2005, and effective August 1, 2005, between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Lafarge North American Inc. (as assignee of Blue Circle North America, Inc.).

 

Proposal letter agreement signed May 12, 2015 and effective August 1, 2015 amending Schedule No. 01, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Lafarge North American Inc. (as assignee of Blue Circle North America, Inc.).

   23004
L10-022   

Master Net Railcar Lease dated as of July 9, 2001, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of The CIT Group/Equipment Financing, Inc.) and Lafarge North America Inc. (formerly Lafarge Corporation).

 

Schedule No. 01 dated as of July 18, 2001, to that certain Master Net Railcar Lease dated as of July 9, 2001, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of The CIT Group/Equipment Financing, Inc.) and Lafarge North America Inc. (formerly Lafarge Corporation).

 

Amendment No. 1 to Schedule No. 1, effective as of June 1, 2011, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of The CIT Group/Equipment Financing, Inc.) and Lafarge North America Inc. (formerly Lafarge Corporation).

 

Amendment No. 2 to Schedule No. 1, effective as of December 31, 2014, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of The CIT Group/Equipment Financing, Inc.) and Lafarge North America Inc. (formerly Lafarge Corporation).

   23780
L05-003   

Lease Agreement dated as of August 23, 2010, by and between WL Ross-Greenbrier Rail I LLC and Louisiana-Pacific Corporation.

 

Rider No. 1 entered into as of August 23, 2010, to that certain Lease Agreement dated as of August 23, 2010, by and between WL Ross-Greenbrier Rail I LLC and Louisiana-Pacific Corporation.

 

Amendment No. 1 to Rider No. 1, entered into as of March 30, 2014, by and between WL Ross-Greenbrier Rail I LLC and Louisiana-Pacific Corporation.

   29923

 

4


Lease ID

  

Description

  

STB
Recordation #

M10-025   

Master Lease Agreement dated as of March 1, 2013 and effective August 1, 2010, by and between WL Ross-Greenbrier Rail Holdings I LLC and Minnesota, Dakota & Western Railway Company.

 

Rider No. 1 effective August 1, 2010, to that certain Master Lease Agreement dated as of March 1, 2013 and effective August 1, 2010, by and between WL Ross-Greenbrier Rail Holdings I LLC and Minnesota, Dakota & Western Railway Company.

 

Amendment No. 1 to Rider No. 1, effective December 31, 2012, by and between WL Ross-Greenbrier Rail Holdings I LLC and Minnesota, Dakota & Western Railway Company.

   30843
M10-028   

Master Lease Agreement dated March 1, 2013 and effective August 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and Minnesota, Dakota & Western Railway Company.

 

Rider No. 2 dated August 1, 2015, to that certain Master Lease Agreement dated March 1, 2013 and effective August 1, 2010, by and between WL Ross-Greenbrier Rail I LLC and Minnesota, Dakota & Western Railway Company.

   31854
O16-001   

Lease Agreement dated as of February 10, 2014, by and between WL Ross-Greenbrier Rail I LLC and Otter Tail Power Company.

 

Schedule No. 1 dated as of February 10, 2014 to that certain Lease Agreement dated as of February 10, 2014, by and between WL Ross-Greenbrier Rail I LLC and Otter Tail Power Company.

   31093
P28-009   

Master Railcar Lease dated as of June 8, 2000, by and between WL Ross-Greenbrier Rail I LLC and Phoenix Cement Company, a division of the Salt River Pima-Maricopa Indian Community.

 

Schedule No. 7 dated May 30, 2001, to that certain Master Railcar Lease dated as of June 8, 2000, by and between WL Ross-Greenbrier Rail I LLC and Phoenix Cement Company, a division of the Salt River Pima-Maricopa Indian Community.

 

Amendment No. 1 to Schedule No. 7, dated February 8, 2005, by and between WL Ross-Greenbrier Rail I LLC and Phoenix Cement Company, a division of the Salt River Pima-Maricopa Indian Community.

 

Amendment No. 2 to Schedule No. 7, dated July 1, 2011, by and between WL Ross-Greenbrier Rail I LLC and Phoenix Cement Company, a division of the Salt River Pima-Maricopa Indian Community.

 

Amendment No. 3 to Schedule No. 7, effective June 30, 2014, by and between WL Ross-Greenbrier Rail I LLC and Phoenix Cement Company, a division of the Salt River Pima-Maricopa Indian Community.

   22965-U

 

5


Lease ID

  

Description

  

STB
Recordation #

P06-007   

Master Lease Agreement dated April 19, 2007 and effective March 30, 2007, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Potlatch Land & Lumber LLC.

 

Guaranty Agreement dated October 24, 2012 by Potlatch Corporation in favor of WL Ross-Greenbrier Rail I LLC.

 

Schedule No. 1 dated April 19, 2007 and effective March 30, 2007, to that certain Master Lease Agreement dated April 19, 2007 and effective March 30, 2007, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Potlatch Land & Lumber LLC.

 

Amendment No. 1 to Schedule No. 1, effective October 31, 2010, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Potlatch Land & Lumber LLC.

 

Amendment No. 2 to Schedule No. 1, effective October 31, 2012, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Potlatch Land & Lumber LLC.

 

Amendment No. 3 to Schedule No. 1, effective October 31, 2012, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Potlatch Land & Lumber LLC.

   27282
R09-001   

Master Full Service Railcar Lease dated February 16, 2007 and effective June 1, 2006, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Riverside Cement Company.

 

Amendment and Guaranty of Master Full Service Railcar Lease dated as of December 18, 2007, by and between Babcock & Brown Rail Funding LLC (as assignee of Greenbrier Leasing Company LLC) and Riverside Cement Company.

 

Schedule No. 1 dated February 16, 2007 and effective June 1, 2006 to that certain Master Full Service Railcar Lease dated February 16, 2007 and effective June 1, 2006, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Riverside Cement Company.

 

Amendment No. 1 to Schedule No. 1, effective July 1, 2011, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Riverside Cement Company.

 

Amendment No. 2 to Schedule No. 1, effective June 30, 2014, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of Greenbrier Leasing Company LLC) and Riverside Cement Company.

   26814

 

6


Lease ID

  

Description

  

STB
Recordation #

S68-002   

Master Full Service Railcar Lease dated as of November 2, 2011, effective as of June 1, 2011, by and between WL Ross-Greenbrier Rail I LLC and Sandy Creek Energy Associates LP, Lower Colorado River Authority, and Brazos Sandy Creek Electric Cooperative, collectively and severally as their interests appear.

 

Schedule No. 2 dated as of August 17, 2012, to that certain Master Full Service Railcar Lease dated as of November 2, 2011, effective as of June 1, 2011, by and between WL Ross-Greenbrier Rail I LLC and Sandy Creek Energy Associates LP, and Lower Colorado River Authority, and Brazos Sandy Creek Electric Cooperative, collectively and severally as their interests appear.

 

Amendment No. 1 to Schedule No. 2, entered into on June 10, 2015, effective as of October 31, 2014, by and between WL Ross-Greenbrier Rail I LLC and Sandy Creek Energy Associates LP, and Lower Colorado River Authority, and Brazos Sandy Creek Electric Cooperative, collectively and severally as their interests appear.

 

Amendment No. 2 to Schedule No. 2, dated as of June 15, 2015, by and between WL Ross-Greenbrier Rail I LLC and Sandy Creek Energy Associates LP, and Lower Colorado River Authority, and Brazos Sandy Creek Electric Cooperative, collectively and severally as their interests appear.

   30538-A
S65-001   

Master Lease Agreement dated April 20, 2010, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Savatran LLC.

 

Schedule No. 1 dated April 20, 2010 to that certain Master Lease Agreement dated April 20, 2010, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Savatran LLC.

 

Proposal letter agreement to amend Schedule No. 1, signed May 28, 2014 and effective August 1, 2014, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Savatran LLC.

   29473
S65-005   

Master Lease Agreement dated April 20, 2010, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Savatran LLC.

 

Letter agreement signed May 28, 2014 by and between WL Ross-Greenbrier Rail I LLC and Savatran LLC, for a lease to be documented as a new Schedule No. 2 to that certain Master Lease Agreement dated April 20, 2010, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Savatran LLC.

   None
S77-001    Letter agreement signed March 30, 2015 and effective June 1, 2015, by and between WL Ross Greenbrier Rail I LLC and Steelscape, Inc.    31575
T21-020   

Lease Agreement dated as of September 10, 2013, by and between WL Ross-Greenbrier Rail I LLC and Tate & Lyle Ingredients Americas LLC.

 

Schedule No. 1 dated as of September 10, 2013 to that certain Lease Agreement dated as of September 10, 2013, by and between WL Ross-Greenbrier Rail I LLC and Tate & Lyle Ingredients Americas LLC.

   31592
T06-005   

Master Net Railcar Lease dated March 26, 2012, by and between WL Ross-Greenbrier Rail I LLC and TTX Company.

 

Schedule No. 1 dated March 26, 2012 to that certain Master Net Railcar Lease dated March 26, 2012, by and between WL Ross-Greenbrier Rail I LLC and TTX Company.

 

Amendment No. 1 to Schedule No. 1, dated January 13, 2014, by and between WL Ross-Greenbrier Rail I LLC and TTX Company.

   31087

 

7


Lease ID

  

Description

  

STB
Recordation #

U01-061   

Master Lease Agreement dated August 6, 2004, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Union Pacific Railroad Company.

 

Amended and Restated Rider No. 04 dated December 15, 2004 and effective November 11, 2004, to that certain Master Lease Agreement dated August 6, 2004, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Union Pacific Railroad Company.

 

Amendment No. 1 to Amended and Restated Rider No. 04, dated as of October 30, 2009, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Union Pacific Railroad Company.

 

Amendment No. 2 to Amended and Restated Rider No. 04, entered into April 28, 2015 and effective March 1, 2015, by and between WL Ross-Greenbrier Rail I LLC (as assignee of BBRX Five LLC) and Union Pacific Railroad Company.

   25136-Q
U01-073   

Master Lease Agreement dated as of August 6, 2004, by and between WL Ross-Greenbrier Rail I LLC and Union Pacific Railroad Company.

 

Rider No. 1 dated January 15, 2014, to that certain Master Lease Agreement dated as of August 6, 2004, by and between WL Ross-Greenbrier Rail I LLC and Union Pacific Railroad Company.

   31307
W04-022   

Lease Agreement dated April 29, 2010, by and between WL Ross-Greenbrier Rail I LLC and Wisconsin Central Ltd.

 

Rider No. 1 dated as of April 29, 2010, to that certain Lease Agreement dated April 29, 2010, by and between WL Ross-Greenbrier Rail I LLC and Wisconsin Central Ltd.

 

Amendment No. 1 to Rider No. 1, effective as of January 31, 2015, by and between WL Ross-Greenbrier Rail I LLC and Wisconsin Central Ltd.

   29874
W26-001   

Master Net Railcar Lease made as of July 24, 1997, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of The CIT Group/Equipment Financing Inc.) and Wisconsin Electric Power Company.

 

Schedule No. 01 dated July 24, 1997, to Master Net Railcar Lease made as of July 24, 1997, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of The CIT Group/Equipment Financing Inc.) and Wisconsin Electric Power Company.

 

Lease Extension to Schedule No. 01, dated June 13, 2006, by and between WL Ross-Greenbrier Rail I LLC (as ultimate assignee of The CIT Group/Equipment Financing Inc.) and Wisconsin Electric Power Company.

   20796-A

 

8


EXHIBIT C to

Purchase and Sale Agreement

ASSIGNMENT AND ASSUMPTION AGREEMENT

This ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Assignment”) is made and entered into as of [Date], by WL ROSS-GREENBRIER RAIL I LLC a Delaware limited liability company LLC (“Assignor”) and GREENBRIER LEASING COMPANY LLC, an Oregon limited liability company (“Assignee”).

WHEREAS, Assignor owns certain railcars described in that certain Purchase and Sale Agreement of even date herewith between Assignor and Assignee (the “Purchase Agreement”, and such railcars, the “Cars”); and

WHEREAS, the Cars have been leased to the lessees identified in Exhibit 1 of this Assignment (the “Lessee”), pursuant to riders or schedules (the “Schedules”) which incorporate the terms of the related master lease agreements (the “Master Lease Agreements”, and each Schedule together with the corresponding Master Lease Agreement as it pertains to the Schedule, a “Lease”, and the Leases and the other operative documents related thereto (including any and all amendments, supplements and modifications) identified in Exhibit 1, collectively, the “Operative Documents”); and

WHEREAS, pursuant to the Purchase Agreement, Assignor has agreed to sell, transfer and assign and Assignee has agreed to purchase and assume certain Assets, including but not limited to all of Assignor’s rights, title and interest in the Leases, the other Operative Documents to the extent relating to the Cars; and

WHEREAS, with respect to periods on and after the date of execution and delivery of this Assignment, Assignee desires to acquire from Assignor and Assignor desires to sell to Assignee all of its rights, title and interest in the assets, and Assignee is willing to assume all of Assignor’s Rights and Obligations with the exception of Retained Obligations (as such terms are defined in the Purchase Agreement) relating thereto;

NOW, THEREFORE, in consideration of the premises and subject to the terms and conditions herein set forth, the parties hereto agree as follows:

1. Definitions. Capitalized terms used but not defined herein shall have the meanings specified in the Purchase Agreement.

2. Assignment. Effective as of the date of this Assignment (the “Closing Date”), Assignor sells, assigns, transfers and conveys to Assignee all of its rights, title, and interest in and to the Leases and the other Operative Documents set forth on Exhibit 1 to this Assignment to the extent relating to the Cars.

 

9


3. Assumption. Effective as of the Closing Date, Assignee hereby agrees to accept the foregoing assignment pursuant to Section 2 hereof, and agrees to assume, discharge and perform all the duties and obligations of Assignor under the Operative Documents with respect to the Cars and agrees to be liable for and discharge all such obligations under the Leases including any obligations and liabilities which were expressly to be undertaken by Assignor prior to the Closing Date and which remain unfulfilled on the Closing Date.

4. Concerning the Cars. Effective on the Closing Date, Assignor hereby assigns and transfers to Assignee all rights which Assignor may have under any warranties, patent indemnities or other instruments relating to the Cars with respect to periods on and after the Closing Date, and agrees, at Assignee’s expense, to take such actions and assist Assignee in good faith and as Assignee may reasonably request to secure such rights for Assignee.

5. Records. [Not applicable]

6. Manufacturer’s Warranty. [Not applicable]

7. Counterparts. This Assignment may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

8. Successors and Assigns. The terms of this Assignment shall be binding upon, and shall inure to the benefit of, the parties hereto, and their respective successors and assigns.

9. Governing Law. THIS ASSIGNMENT SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE WITHOUT REFERENCE TO PRINCIPLES OF CONFLICTS OF LAW (OTHER THAN TITLE 14 OF ARTICLE 5 OF THE GENERAL OBLIGATIONS LAW).

10. Further Assurances. Each party agrees that from time to time after the date hereof it shall execute and deliver, or cause to be executed and delivered, such instruments, documents and papers, and take all such further action, as may be reasonably required in order to consummate more effectively the purposes of this Assignment and to implement the transactions contemplated hereby. Assignor covenants and agrees to cooperate with Assignee in connection with any litigation arising with respect to the Assets if Seller’s cooperation is reasonably necessary for the adjudication of issues raised in such litigation.

[The remainder of this page is intentionally left blank.]

 

10


IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be duly executed and delivered on the day and year first above written.

 

ASSIGNOR:     WL ROSS-GREENBRIER RAIL I LLC
    By:   EXHIBIT ONLY – DO NOT SIGN
    Name:    
    Title:    
ASSIGNEE:     GREENBRIER LEASING COMPANY LLC
    By:   EXHIBIT ONLY – DO NOT SIGN
    Name:    
    Title:    

 

[Assignment and Assumption Agreement – WLR Fleet]


EXHIBIT 1 to

Assignment Agreement

LEASES

[Insert Leases]


EXHIBIT D to

Purchase and

Sale Agreement

BILL OF SALE

KNOW ALL PEOPLE BY THESE PRESENTS: that WL ROSS-GREENBRIER RAIL I LLC, a Delaware limited liability company (“Seller”), in consideration of the sum of One Dollar ($1.00) and other good and valuable consideration more fully described in that certain Purchase and Sale Agreement dated [Date] (the “Purchase Agreement”), the receipt of which is hereby acknowledged, does hereby grant, bargain, sell and assign to GREENBRIER LEASING COMPANY LLC, an Oregon limited liability company (“Purchaser”), the following equipment (the “Cars”): All rights, title and interest in and to the railcars described in Exhibit A hereto which have been leased pursuant to the terms of those certain Leases and other Operative Documents identified in Exhibit A to the Purchase Agreement. Capitalized terms used and not otherwise defined herein shall have the meanings attributed thereto in the Purchase Agreement.

TO HAVE AND TO HOLD the Cars unto Purchaser, its successors and assigns, forever, free and clear of all liens or other encumbrances of any nature arising prior to the Closing Date (as defined in the Purchase Agreement), with the exception of those permitted under the Operative Documents, and it being recognized that each Lessee under the applicable Operative Documents has certain rights in the Cars.

Seller, on its own behalf, and on behalf of its successors and assigns, does hereby covenant, warrant, represent to, and agree with Purchaser (i) that it is the lawful owner of the Cars; (ii) that the Cars are free and clear of all claims, liens, charges, encumbrances and security interests arising prior to Closing other than a Lessee’s rights in the Cars and those permitted under the applicable Operative Documents; (iii) that it has the full right and authority to sell and transfer the Cars to Purchaser; (iv) that the within sale and transfer of the Cars to Purchaser, separately and on a combined basis, does not violate any contract, agreement or other instrument to which Seller is party or by which Seller or the Cars are bound, nor any provision of applicable law, and that all preconditions thereto have been fully complied with and performed by or on behalf of Seller. Seller hereby further covenants and binds itself, its successors and assigns, against every person or entity claiming or laying claim to the Cars or any right therein and to defend, hold harmless and indemnify Purchaser, its successors and assigns, from and against any and all losses, damages, and expenses (including reasonable attorney fees for defense thereof, or for enforcement of this covenant) resulting or arising from the assertion of any such claim or cause of action to the contrary against Purchaser, its successors and assigns, or against the Cars or any item or part thereof, except as so subject. EXCEPT FOR THE WARRANTY OF TITLE SET FORTH IN THIS BILL OF SALE AND THE REPRESENTATIONS AND WARRANTIES SET FORTH IN THE PURCHASE AGREEMENT, the Cars are being sold to Purchaser by the Seller “AS IS, WHERE IS,” without any other representations and warranties, whether written, oral or implied, and the SELLER SHALL NOT BY VIRTUE OF HAVING SOLD THE CARS HEREWITH BE DEEMED TO HAVE MADE ANY REPRESENTATION OR WARRANTY AS TO THE MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OPERABILITY, DESIGN OR CONDITION OF, OR AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP IN THE CARS.


Seller agrees that at any time and from time to time, upon the written request of Purchaser, Seller will promptly and duly execute and deliver or cause to be executed and delivered on its behalf any and all such further instruments and documents and take such further action as Purchaser may reasonably request in order to obtain the full benefits of this Bill of Sale and of the rights and powers herein granted.

[Signature Page Follows]

 

2


IN WITNESS WHEREOF, Seller has executed and delivered this Bill of Sale as of the          day of                     , 2015.

 

WL ROSS-GREENBRIER RAIL I LLC
By:   EXHIBIT ONLY – DO NOT SIGN
Name:    
Title:    

 

3


EXHIBIT 1 to

Bill of Sale

DESCRIPTION OF CARS


EXHIBIT E to

Purchase and

Sale Agreement

MEMORANDUM OF ASSIGNMENT

MEMORANDUM OF ASSIGNMENT

THIS MEMORANDUM OF ASSIGNMENT dated as of [Date], is between WL ROSS-GREENBRIER RAIL I LLC, a Delaware limited liability company, (“Assignor”), and GREENBRIER LEASING COMPANY LLC, an Oregon limited liability company (“Assignee”).

The parties to this Memorandum hereby acknowledge and confirm the following:

A. Assignor is the owner of the railcars more particularly described in Exhibit A hereto (the “Cars”), and certain of the Cars have been leased to lessees pursuant to those certain lease agreements and lease schedules or riders thereto more particularly described in Exhibit B attached hereto (such lease agreements and lease schedules or riders as amended, modified, extended, supplemented, restated and/or replaced from time to time, the “Leases”).

B. The Cars have been identified by Lease ID in Exhibit A, notwithstanding the fact that the actual number of Cars originally subject to each Lease may originally have been greater, and the number of Cars currently subject to each Lease may now be lower, than the number of Cars identified for such Lease in Exhibit A.

C. Memoranda of Lease have been filed with respect to most of the Leases with the U.S. Surface Transportation Board and/or the Registrar General of Canada.

D. Assignor and Assignee are parties to that certain Assignment Agreement dated [Date], pursuant to which Assignor has assigned all of its right, title and interest under the Leases as they pertain to periods on and after [Date], to Assignee.

E. The parties hereto wish to show for public record this Memorandum reflecting the sale of the Cars and assignment of the Leases by Assignor to Assignee, and accordingly have caused this Memorandum to be executed by their duly authorized officers, as of the date first above written. This Memorandum may be executed in counterparts, each such counterpart shall be binding on both parties hereto, notwithstanding that both parties are not signatories to the same counterpart.

[The remainder of this page has been intentionally left blank.]

 

Memo of Assignment WLR Fleet


IN WITNESS WHEREOF, each of the undersigned parties have caused this Memorandum to be executed by a duly authorized officer as of the day and year first above written.

 

GREENBRIER LEASING COMPANY LLC
By:    
Name:    
Title:    
WL ROSS-GREENBRIER RAIL I LLC
By:    
Name:    
Title:    


EXHIBIT A

RAILCARS

 

Memo of Assignment WLR Fleet


EXHIBIT B

LEASES

 

Memo of Assignment WLR Fleet


STATE OF OREGON                             )

                                                                  ) ss.

COUNTY OF CLACKAMAS                )

On this          day of                     , 2015, before me personally appeared                                              , to me personally known, who being by me duly sworn, says that s/he is the                                                   of Greenbrier Leasing Company LLC and that the foregoing instrument was signed on behalf of said company, and s/he acknowledged that the execution of the said instrument was her or his free act and deed.

 

 

 

NOTARY PUBLIC  
My commission expires:    

STATE OF                                                )

                                                                   ) ss.

COUNTY OF                                            )

On this          day of                     , 2015, before me personally appeared                                              , to me personally known, who being by me duly sworn, says that s/he is the                                                   of WL Ross-Greenbrier Rail I LLC and that the foregoing instrument was signed on behalf of said company, and s/he acknowledged that the execution of the said instrument was her or his free act and deed.

 

 

 

NOTARY PUBLIC  
My commission expires:    

 

Memo of Assignment WLR Fleet