The Tax Publishers

LISTING AGREEMENTFOR SECURITIZEDDEBTINSTRUMENTS

 

 

Thisagreementmadeat                       (place)this                                             day


of                     20          between                                        


a    Special    Purpose


Distinct  Entity  (SPDE)  duly  formed  and  registered  under                                (mentionrelevantAct)andhavingitsprincipalofficeat                                                                            


(hereinaftercalled“theSPDE)andthe                             

Exchange)(hereinaftercalled'theExchange'). WHEREAS,


(nameoftheStock


ByaMemorandumofAgreementdated                       executedbyandbetween


the  SPDE  and                              ,  a                                  


(mention  entity  type)


withinthemeaningof                                                    (mentionrelevantAct)and havingitsregisteredofficeat                                                        (hereinaftercalled“theOriginator”),the SPDEhasagreedtopurchasereceivablesfromtheOriginator,theaggregate balanceoutstandingprincipalwhereof(excludinganyoverdueEMIsand/orpenal interestthereon)ason      was`                                                          (Rupees                                                            only)together with thesecurities therefor.

 

In  pursuance  of  the  said  memorandum  of  agreement  dated                      __,the OriginatorhasexecutedaDeedofAssignmentdated                   _(hereinafterreferredto astheDeedofAssignment)withtheSPDE,dulyregisteredintheofficeofSub- Registrar  of  Assurances,                     _ (place)wherebythe Originatortransferred, assignedandconveyedthevariousreceivablesandthesecuritiestherefor;

 


TheSPDEhasissuedtheOfferDocumentdated                             


wherebyit


proposedtosecuritizethesaidreceivablesandissuesecuritiseddebtinstruments evidencingundividedbeneficialinterestofthesubscribersinthereceivablesandin thesecuritiestherefor.TheSPDE,inpursuanceofthesaidOfferDocumenthas receivedand retainedsubscriptionamountof`     (Rupees                                                                                             

                        only)from investors.

 

 

IntermsofthesaidOfferDocument,theSPDEistosetapart,transfer,hold, manageandadministerthereceivablesandthesecuritiestherefor;eitherbyitself orthroughaservicer;intrust forthebenefit oftheInvestorstowhomthesecuritized debtinstrumentsaretobeissuedevidencingtheirundividedbeneficialinterestin the receivablesand thesecurities thereforandin thecash flows therefrom.

 

ByaMemorandumofAgreementdated                     executedbetweentheSPDE and          (nameoftheentity),a                                                                                 (mentionentity type)withinthemeaningof                                                                                    (mentionrelevantAct) andhavingitsregisteredofficeat                              (hereinaftercalled“theServicer”), theservicerhaveagreedtoundertakecoordinationwiththeobligors,undertake managementandcollectionof theassetpool,makeallocationsanddistributions to


holdersofthesecuritizeddebtinstrumentsinaccordancewiththeschemeandany othermattersinaccordancewithSecuritiesAndExchangeBoardOfIndia(Public OfferAndListingOfSecuritisedDebtInstruments)Regulations,2008(hereinafter referred toas “theRegulations”).

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