Addition of Receivables. Subject to satisfaction of the conditions specified in Section 4.3, the Transferor may sell, transfer, assign and convey Additional Receivables on any Addition Date. On each Addition Date, the Servicer shall provide the Administrative Agent with a Daily Receivables File identifying all Additional Receivables sold on such Addition Date. On the Original Closing Date and on each Determination Date starting in December 2015, the Servicer shall provide the Administrative Agent with an updated Receivables Schedule identifying the Transferred Receivables sold on or prior to such date. Each Receivables Schedule and Daily Receivables File shall be incorporated herein by reference and shall be made a part of this Agreement. Notwithstanding the conditions for the sale and transfer of Additional Receivables on an Addition Date, there shall be no conditions for the transfer and sale of Replacement Receivables from the Transferor to the Administrative Agent (for the benefit of the Owners) relating to and following the exercise of Jump Contract Features. Notwithstanding anything in this Agreement to the contrary, the Transferor may sell, assign, transfer or otherwise convey Additional Receivables to the Administrative Agent (for the benefit of the Owners) to the extent necessary to cure an Asset Base Deficiency.
Addition of Receivables. Unless the Seller specifies to the contrary, all receivables which meet the definition of Receivables shall be included as Receivables from and after the date upon which such Receivables are created and all such Receivables, whether such Receivables are then existing or thereafter created or acquired, shall be sold automatically to the Buyer upon creation or acquisition by the Seller.
Addition of Receivables. (a) If on any Determination Date the Trust Interest on such date is less than the Minimum Trust Interest as of the end of the immediately preceding Monthly Period, the Seller shall, unless otherwise permitted under the Series Supplement pursuant to which the Minimum Trust Interest is calculated (or unless it reduces the outstanding principal balance of any outstanding variable funding notes so that the Trust Interest will be at least equal to the Minimum Trust Interest), designate additional Eligible Receivables ("Additional Receivables") to be included as Trust Assets in a sufficient amount such that the Trust Interest is at least equal to such Minimum Trust Interest. Such Additional Receivables shall be transferred to the Issuer on or before the Transfer Date immediately following such Determination Date.
Addition of Receivables. (a) If on any Determination Date the Transferor Ownership Interest on such date is less than the Minimum Transferor Ownership Interest as of the end of the immediately preceding Monthly Period, the Transferor shall, unless otherwise permitted under the Supplement pursuant to which the Minimum Transferor Ownership Interest is calculated, designate additional Eligible Receivables ("Additional Receivables") to be included as Trust Assets in a sufficient amount such that the Transferor Ownership Interest is at least equal to such Minimum Transferor Ownership Interest. Such Additional Receivables shall be transferred to the Trust on or before the Transfer Date immediately following such Determination Date.
Addition of Receivables. Subject to satisfaction of the conditions specified in Section 4.3, the Transferor may sell, transfer, assign and convey Additional Receivables on any Addition Date. On each Addition Date, the Servicer shall provide the Administrative Agent with a Daily Receivables File identifying all Additional Receivables sold on such Addition Date. On the Original Closing Date and on each Determination Date starting in December 2015, the Servicer shall provide the Administrative Agent with an updated Receivables Schedule identifying the Transferred Receivables sold on or prior to such date. Each Receivables Schedule and Daily Receivables File shall be incorporated herein by reference and shall be made a part of this Agreement. Notwithstanding the conditions for the sale and transfer of Additional Receivables on an Addition Date, there shall be no conditions for the transfer and sale of Replacement Receivables from the Transferor to the Administrative Agent (for the benefit of the Owners) relating to and following the exercise of Jump Contract Features. Notwithstanding anything in this Agreement to the contrary, the Transferor may sell, assign, transfer or otherwise convey Additional Receivables to the Administrative Agent (for the benefit of the Owners) to the extent necessary to cure an Asset Base Deficiency. (d) The Transferor hereby appoints the Servicer as its agent to receive payment of the Purchase Price for Receivables sold by it to the Administrative Agent (for the benefit of the Owners) hereunder and hereby authorizes the Administrative Agent and/or the Funding Agents (each for the benefit of the related Owners) to make all payments due to the Transferor directly to, or as directed by, the Servicer. The Servicer hereby accepts and agrees to such appointment. (e) Following each sale of Receivables, (i) the Transferor shall have sold all right, title and interest in the Transferred Receivables and Related Rights to the Administrative Agent (for the benefit of the Owners); (ii) the Transferor shall have no retained right, title or interest in the Receivables or any rights with respect to the Obligors thereof; (iii) the Transferor shall have the right to the Deferred Purchase Price payable in accordance with the terms hereof; (iv) the payment obligation of the Obligors is owed to the Owners, and the Owners will look to the Collections on the Receivables and not the Transferor or Xxxxx for the payment of such obligations; and (v) the Transferor and the Servicer wil...
Addition of Receivables. (a) Subject to subsections 2.6(b) and (c), all receivables which meet the definition of Receivables shall be included as Receivables from and after the date upon which such Receivables are first acquired by the Transferor and all such Receivables, whether such Receivables are then existing or thereafter created, shall be transferred automatically to the Trust upon purchase by the Transferor.
Addition of Receivables. Subject to satisfaction of the conditions specified in Section 4.3, the Transferor may sell, transfer, assign and convey Additional Receivables on any Addition Date. On each Weekly Delivery Date, the Servicer shall prepare and deliver to the Administrative Agent a Weekly Receivables File identifying all Additional Receivables sold during the period from (and including) Monday on the calendar week immediately preceding the calendar week in which such Weekly Delivery Date occurs to (and including) Sunday in the calendar week in which such Weekly Delivery Date occurs. On the Original Closing Date and on each Determination Date starting in December 2015, the Servicer shall provide the Administrative Agent with an updated Receivables Schedule identifying the Transferred Receivables sold on or prior to such date. Each Receivables Schedule and Weekly Receivables File shall be incorporated herein by reference and shall be made a part of this Agreement. Notwithstanding the conditions for the sale and transfer of Additional Receivables on an Addition Date, there shall be no conditions for the transfer and sale of Replacement Receivables from the Transferor to the Administrative Agent (for the benefit of the Owners) relating to and following the exercise of JumpUpgrade Contract Features. Notwithstanding anything in this Agreement to the contrary, the Transferor may sell, assign, transfer or otherwise convey Additional Receivables to the Administrative Agent (for the benefit of the Owners) to the extent necessary to cure an Asset Base Deficiency.
Addition of Receivables. Subject to satisfaction of the conditions specified in Section 4.3, the Transferor may sell, transfer, assign and convey Additional Receivables on any Addition Date. On the Amendment and Restatement Closing Date and on each Determination Date starting in March 2021, the Servicer shall provide the Administrative Agent with an updated Receivables Schedule identifying the Transferred Receivables outstanding on the last day of the calendar month preceding the Amendment and Restatement Closing Date or such Determination Date, as applicable. In addition, (i) on each Funding Date, the Servicer shall prepare and deliver to the Administrative Agent a Bringdown Receivables File identifying all Additional Receivables sold by the Transferor to the Administrative Agent (for the benefit of the Owners) pursuant to this Agreement on each Addition Date occurring during the period from (but excluding) the as of date of the immediately preceding Receivables Schedule to (and including) the date of such Funding Date, and (ii) during a Weekly Reporting Period (if any), the Servicer shall prepare and deliver to the Administrative Agent a Weekly Report on each Weekly Report Delivery Date. Each Receivables Schedule, Bringdown Receivables File and Weekly Report shall be incorporated herein by reference and shall be made a part of this Agreement.
Addition of Receivables. Unless either the Seller or the Buyer shall provide written notice to the other party in writing, all receivables which meet the definition of Receivables shall be included as Receivables from and after the date upon which such Receivables are created or acquired by the Seller and all such Receivables, whether such Receivables are then existing or thereafter created or acquired, shall be automatically sold to the Buyer, and receivables which do not meet the definition of Receivables shall not be sold to the Buyer. For the purpose of this Agreement, all receivables of such Receivables shall be treated as Receivables upon their creation or acquisition by the Seller and shall be subject to the eligibility criteria specified in the definition of "Eligible Receivables"
Addition of Receivables. Subject to satisfaction of the conditions specified in Section 4.3, the Transferor may sell, transfer, assign and convey Additional Receivables on any Addition Date. On each AdditionWeekly Delivery Date, the Servicer shall provideprepare and deliver to the Administrative Agent with a Dailya Weekly Receivables File identifying all Additional Receivables sold on such Addition Date.during the period from (and including) Monday on the calendar week immediately preceding the calendar week in which such Weekly Delivery Date occurs to (and including) Sunday in the calendar week in which such Weekly Delivery Date occurs. On the Original Closing Date and on each Determination Date starting in December 2015, the Servicer shall provide the Administrative Agent with an updated Receivables Schedule identifying the Transferred Receivables sold on or prior to such date. Each Receivables Schedule and DailyWeekly Receivables File shall be incorporated herein by reference and shall be made a part of this Agreement. Notwithstanding the conditions for the sale and transfer of Additional Receivables on an Addition Date, there shall be no conditions for the transfer and sale of Replacement Receivables from the Transferor to the Administrative Agent (for the benefit of the Owners) relating to and following the exercise of Jump Contract Features. Notwithstanding anything in this Agreement to the contrary, the Transferor may sell, assign, transfer or otherwise convey Additional Receivables to the Administrative Agent (for the benefit of the Owners) to the extent necessary to cure an Asset Base Deficiency.
