{"component": "clause", "props": {"groups": [{"snippet": "No selection procedure was utilized by the Transferor with the intent to include a disproportionately higher level of Defaulted Receivables in the Removed Accounts than exist in the Accounts or to remove Accounts for the intended purpose of mitigating losses to the Trust.", "snippet_links": [{"key": "selection-procedure", "type": "clause", "offset": [3, 22]}, {"key": "the-transferor", "type": "clause", "offset": [39, 53]}, {"key": "higher-level", "type": "definition", "offset": [102, 114]}, {"key": "removed-accounts", "type": "definition", "offset": [147, 163]}, {"key": "in-the-accounts", "type": "clause", "offset": [175, 190]}, {"key": "purpose-of", "type": "clause", "offset": [230, 240]}, {"key": "to-the-trust", "type": "definition", "offset": [259, 271]}], "samples": [{"hash": "hYyjIxMYrXo", "uri": "/contracts/hYyjIxMYrXo#defaulted-receivables", "label": "Pooling and Servicing Agreement (Target Corp)", "score": 21.0, "published": true}, {"hash": "9KBKCPNpZ6f", "uri": "/contracts/9KBKCPNpZ6f#defaulted-receivables", "label": "Pooling and Servicing Agreement (Target Receivables Corp)", "score": 18.0, "published": true}], "size": 3, "hash": "b6098c846d7bf626aab919ffbd6990c8", "id": 4}, {"snippet": "(a) Each of the parties hereto hereby consents to the sale, transfer and assignment, from time to time, of Defaulted Receivables from the Seller to ABDC pursuant to an Assignment Agreement in form and substance substantially similar to Exhibit XVII (each, a \u201cDefaulted Receivables Assignment Agreement\u201d), provided that each of the following conditions precedent have been satisfied with respect to such Defaulted Receivables prior to effectiveness of such Defaulted Receivables Assignment Agreement (such conditions, the \u201cDefaulted Receivables Assignment Conditions\u201d):\n(i) the Seller (or the Servicer on its behalf) has delivered to the Administrator an executed officer\u2019s certificate, in form and substance substantially similar to Exhibit XVIII (each, a \u201cDefaulted Receivables Certificate\u201d), that (A) specifically identifies in reasonable detail each of the Defaulted Receivables that are contemplated to be sold, transferred and assigned by the Seller to ABDC pursuant to a Defaulted Receivables Assignment Agreement (such Receivables, \u201cSubject Defaulted Receivables\u201d), (B) specifies the proposed date of effectiveness of such Defaulted Receivables Assignment Agreement, that shall be no earlier than ten (10) Business Days following the delivery date of such Defaulted Receivables Certificate and (C) attaches a copy of the proposed Defaulted Receivables Assignment Agreement;\n(ii) as of both the delivery date of such Defaulted Receivables Certificate and the proposed effective date of such Defaulted Receivables Assignment Agreement, no event has occurred and is continuing, or would result from the execution and performance of such Defaulted Receivables Assignment Agreement, that would constitute an Amortization Event or an Unmatured Amortization Event;\n(iii) the execution and performance of such Defaulted Receivables Assignment Agreement would not violate any assumption made in the most recently delivered true sale or non-consolidation opinion delivered by counsel to the Seller in connection with this Agreement and the other Transaction Documents;\n(iv) after giving effect to such Defaulted Receivables Assignment Agreement, the aggregate Outstanding Balance of all Defaulted Receivables sold, transferred or assigned by the Seller to ABDC or any Affiliate thereof during the immediately preceding twelve (12) calendar months does not exceed $5,000,000;\n(v) the Seller is not retaining ownership of any Defaulted Receivables owing from an Obligor of any Subject Defaulted Receivables that are being sold, transferred and assigned pursuant to such Defaulted Receivables Assignment Agreement;\n(vi) the purchase price to be paid by ABDC to the Seller for such Subject Defaulted Receivables (A) constitutes the fair market value of such Subject Defaulted Receivables as of the effective date of such Defaulted Receivables Assignment Agreement and (B) has been deposited into the Collection Account;\n(vii) solely with respect to the first such sale of Defaulted Receivables from the Seller to ABDC pursuant to a Defaulted Receivables Assignment Agreement, the Administrator shall have received a favorable opinion dated on or after June 28, 2013 from external counsel to the Seller, addressed to the Administrator, each Purchaser and each Purchaser Agent, in form and substance satisfactory to the Administrator covering certain true sale and non-consolidation matters as may be reasonably requested by the Administrator; and\n(viii) the Seller (or the Servicer on its behalf) has delivered to the Administrator a fully executed copy of such Defaulted Receivables Assignment Agreement.\n(b) Upon satisfaction of each of the Defaulted Receivables Assignment Conditions with respect to any Subject Defaulted Receivable, the Administrator and each of the Purchasers shall release all of its right, title and interest (including any security interest) in and to such Subject Defaulted Receivables and all Related Security associated solely with such Subject Defaulted Receivables and not with any other Receivables (collectively with such Subject Defaulted Receivables, the \u201cSubject Defaulted Assets\u201d). Any sale by the Seller to ABDC of Subject Defaulted Assets in accordance with this Section 13.17 shall constitute a \u201cPermitted Defaulted Assets Transaction\u201d. For the avoidance of doubt, neither the Administrator nor any Purchaser shall release any of its right, title and interest (including any security interest) in any property other than such Subject Defaulted Assets pursuant to this clause (b), and none of them is hereby consenting to any sale, transfer or assignment by the Seller of any Receivables or any Related Security other than the Subject Defaulted Assets to ABDC pursuant to this Section 13.17 and such Defaulted Receivables Assignment Agreement.", "snippet_links": [{"key": "the-parties-hereto", "type": "clause", "offset": [12, 30]}, {"key": "the-sale", "type": "clause", "offset": [50, 58]}, {"key": "transfer-and-assignment", "type": "clause", "offset": [60, 83]}, {"key": "from-time-to-time", "type": "clause", "offset": [85, 102]}, {"key": "pursuant-to-an-assignment", "type": "clause", "offset": [153, 178]}, {"key": "form-and-substance", "type": "clause", "offset": [192, 210]}, {"key": "similar-to", "type": "definition", "offset": [225, 235]}, {"key": "receivables-assignment-agreement", "type": "definition", "offset": [269, 301]}, {"key": "provided-that", "type": "definition", "offset": [305, 318]}, {"key": "conditions-precedent", "type": "clause", "offset": [341, 361]}, {"key": "with-respect-to", "type": "clause", "offset": [382, 397]}, {"key": "prior-to-effectiveness", "type": "clause", "offset": [425, 447]}, {"key": "assignment-conditions", "type": "definition", "offset": [544, 565]}, {"key": "the-servicer", "type": "clause", "offset": [588, 600]}, {"key": "to-the-administrator", "type": "clause", "offset": [630, 650]}, {"key": "receivables-certificate", "type": "definition", "offset": [767, 790]}, {"key": "date-of-effectiveness", "type": "clause", "offset": [1100, 1121]}, {"key": "business-days", "type": "clause", "offset": [1213, 1226]}, {"key": "delivery-date", "type": "definition", "offset": [1241, 1254]}, {"key": "a-copy-of-the", "type": "clause", "offset": [1314, 1327]}, {"key": "proposed-effective-date", "type": "definition", "offset": [1465, 1488]}, {"key": "no-event", "type": "clause", "offset": [1541, 1549]}, {"key": "execution-and-performance", "type": "clause", "offset": [1607, 1632]}, {"key": "unmatured-amortization-event", "type": "clause", "offset": [1735, 1763]}, {"key": "true-sale", "type": "definition", "offset": [1921, 1930]}, {"key": "to-the-seller", "type": "definition", "offset": [1981, 1994]}, {"key": "in-connection-with", "type": "clause", "offset": [1995, 2013]}, {"key": "this-agreement", "type": "clause", "offset": [2014, 2028]}, {"key": "other-transaction-documents", "type": "definition", "offset": [2037, 2064]}, {"key": "after-giving", "type": "clause", "offset": [2071, 2083]}, {"key": "aggregate-outstanding-balance", "type": "definition", "offset": [2147, 2176]}, {"key": "calendar-months", "type": "definition", "offset": [2328, 2343]}, {"key": "the-seller-is", "type": "clause", "offset": [2376, 2389]}, {"key": "ownership-of", "type": "clause", "offset": [2404, 2416]}, {"key": "an-obligor", "type": "clause", "offset": [2454, 2464]}, {"key": "pursuant-to-such", "type": "clause", "offset": [2548, 2564]}, {"key": "price-to-be-paid", "type": "clause", "offset": [2627, 2643]}, {"key": "the-fair-market-value", "type": "clause", "offset": [2721, 2742]}, {"key": "as-of-the-effective-date", "type": "clause", "offset": [2781, 2805]}, {"key": "the-collection-account", "type": "clause", "offset": [2889, 2911]}, {"key": "sale-of-defaulted-receivables", "type": "clause", "offset": [2957, 2986]}, {"key": "favorable-opinion", "type": "definition", "offset": [3109, 3126]}, {"key": "after-june", "type": "clause", "offset": [3139, 3149]}, {"key": "addressed-to", "type": "clause", "offset": [3196, 3208]}, {"key": "each-purchaser", "type": "definition", "offset": [3228, 3242]}, {"key": "purchaser-agent", "type": "clause", "offset": [3252, 3267]}, {"key": "consolidation-matters", "type": "clause", "offset": [3360, 3381]}, {"key": "by-the-administrator", "type": "clause", "offset": [3413, 3433]}, {"key": "executed-copy", "type": "clause", "offset": [3532, 3545]}, {"key": "satisfaction-of", "type": "clause", "offset": [3607, 3622]}, {"key": "of-the-purchasers", "type": "clause", "offset": [3756, 3773]}, {"key": "title-and-interest", "type": "clause", "offset": [3806, 3824]}, {"key": "security-interest", "type": "clause", "offset": [3840, 3857]}, {"key": "related-security", "type": "clause", "offset": [3912, 3928]}, {"key": "other-receivables", "type": "definition", "offset": [4004, 4021]}, {"key": "defaulted-assets", "type": "definition", "offset": [4090, 4106]}, {"key": "in-accordance-with", "type": "definition", "offset": [4169, 4187]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [4268, 4294]}, {"key": "this-clause", "type": "clause", "offset": [4494, 4505]}, {"key": "assignment-by-the-seller", "type": "clause", "offset": [4574, 4598]}, {"key": "the-subject", "type": "clause", "offset": [4653, 4664]}], "samples": [{"hash": "aZPFbhtzGSE", "uri": "/contracts/aZPFbhtzGSE#defaulted-receivables", "label": "Receivables Purchase Agreement (Cencora, Inc.)", "score": 36.5017127991, "published": true}, {"hash": "c7cy0YN1QOy", "uri": "/contracts/c7cy0YN1QOy#defaulted-receivables", "label": "Receivables Purchase Agreement (Amerisourcebergen Corp)", "score": 34.338809967, "published": true}, {"hash": "kS1Nf0551Yp", "uri": "/contracts/kS1Nf0551Yp#defaulted-receivables", "label": "Receivables Purchase Agreement (Cencora, Inc.)", "score": 33.7871322632, "published": true}], "size": 14, "hash": "67b59974ca60c2c9bd4b2188f81520c6", "id": 1}, {"snippet": "On the date when any Receivable in an Account becomes a Defaulted Receivable, the Agent shall automatically and without further action or consideration transfer, set over and otherwise convey to the Transferor with respect to such Account, without recourse, representation or warranty, all right, title and interest of the Agent in and to the Defaulted Receivables in such Account, all monies due or to become due with respect thereto, all Proceeds thereof and any Insurance Proceeds relating thereto; provided, that Recoveries of such Account shall remain property of the Agent and be applied as provided herein.", "snippet_links": [{"key": "the-agent-shall", "type": "clause", "offset": [78, 93]}, {"key": "further-action", "type": "clause", "offset": [120, 134]}, {"key": "the-transferor", "type": "clause", "offset": [195, 209]}, {"key": "with-respect-to", "type": "clause", "offset": [210, 225]}, {"key": "without-recourse", "type": "definition", "offset": [240, 256]}, {"key": "representation-or-warranty", "type": "clause", "offset": [258, 284]}, {"key": "title-and-interest", "type": "clause", "offset": [297, 315]}, {"key": "monies-due", "type": "clause", "offset": [386, 396]}, {"key": "insurance-proceeds", "type": "clause", "offset": [465, 483]}], "samples": [{"hash": "aqrnIjarMt9", "uri": "/contracts/aqrnIjarMt9#defaulted-receivables", "label": "Transfer and Administration Agreement (Compucredit Corp)", "score": 18.0, "published": true}, {"hash": "7cYtgiHve79", "uri": "/contracts/7cYtgiHve79#defaulted-receivables", "label": "Transfer and Administration Agreement (Compucredit Corp)", "score": 18.0, "published": true}], "size": 4, "hash": "fa4f0ddbb57753c2717e270c5ef21871", "id": 2}, {"snippet": "On the date when any Receivable in an Account becomes a Defaulted Receivable, the Issuer shall automatically and without further action or consideration be deemed to transfer, set over and otherwise convey to the Transferor with respect to such Account, without recourse, representation or warranty, all right, title and interest of the Issuer in and to the Defaulted Receivables (including any related Finance Charge Receivables) in such Account, all monies due or to become due with respect thereto, all proceeds thereof and any Insurance Proceeds relating thereto provided that Recoveries of such Account shall remain property of the Issuer and be applied as provided herein.", "snippet_links": [{"key": "the-issuer", "type": "definition", "offset": [78, 88]}, {"key": "further-action", "type": "clause", "offset": [121, 135]}, {"key": "to-transfer", "type": "clause", "offset": [163, 174]}, {"key": "the-transferor", "type": "clause", "offset": [209, 223]}, {"key": "with-respect-to", "type": "clause", "offset": [224, 239]}, {"key": "without-recourse", "type": "definition", "offset": [254, 270]}, {"key": "representation-or-warranty", "type": "clause", "offset": [272, 298]}, {"key": "title-and-interest", "type": "clause", "offset": [311, 329]}, {"key": "finance-charge-receivables", "type": "definition", "offset": [403, 429]}, {"key": "monies-due", "type": "clause", "offset": [452, 462]}, {"key": "insurance-proceeds", "type": "clause", "offset": [531, 549]}, {"key": "provided-that", "type": "definition", "offset": [567, 580]}], "samples": [{"hash": "1tXlrbsji0E", "uri": "/contracts/1tXlrbsji0E#defaulted-receivables", "label": "Transfer and Servicing Agreement (Compucredit Corp)", "score": 21.0, "published": true}, {"hash": "edg47gPFyY1", "uri": "/contracts/edg47gPFyY1#defaulted-receivables", "label": "Transfer and Servicing Agreement (Compucredit Corp)", "score": 18.0, "published": true}, {"hash": "59Weash2mbf", "uri": "/contracts/59Weash2mbf#defaulted-receivables", "label": "Transfer and Servicing Agreement (Compucredit Corp)", "score": 18.0, "published": true}], "size": 3, "hash": "2d5b987f8c360d9607acb2dd3a3ed66e", "id": 3}, {"snippet": "Upon receipt of notice from the Borrower, the Deal Agent or any other Person, or if the Servicer otherwise learns, that the Obligor under any Franchise Receivable is in material default thereunder, the Servicer will take such action as is appropriate, consistent with the Servicer's administration of leases and loans serviced for its Affiliates and consistent with the customary practices of servicers in the same segment of the industry, including such action as may be necessary to cause, or attempt to cause, the Obligor thereunder to cure such default (if the same may be cured) or to terminate or attempt to terminate such Franchise Receivable and to recover, or attempt to recover, all damages resulting from such default to the extent permitted under such Franchise Receivable and under applicable law.", "snippet_links": [{"key": "notice-from-the-borrower", "type": "clause", "offset": [16, 40]}, {"key": "the-deal-agent", "type": "clause", "offset": [42, 56]}, {"key": "any-other-person", "type": "definition", "offset": [60, 76]}, {"key": "the-servicer", "type": "clause", "offset": [84, 96]}, {"key": "material-default", "type": "clause", "offset": [169, 185]}, {"key": "consistent-with-the", "type": "clause", "offset": [252, 271]}, {"key": "administration-of-leases", "type": "clause", "offset": [283, 307]}, {"key": "customary-practices", "type": "definition", "offset": [370, 389]}, {"key": "resulting-from", "type": "definition", "offset": [701, 715]}, {"key": "to-the-extent", "type": "clause", "offset": [729, 742]}, {"key": "applicable-law", "type": "definition", "offset": [795, 809]}], "samples": [{"hash": "9WI9OovzXzF", "uri": "/contracts/9WI9OovzXzF#defaulted-receivables", "label": "Franchise Receivable Funding and Servicing Agreement (CNL American Properties Fund Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "659a4cc28b329480b21e476e9211016f", "id": 5}, {"snippet": "(a) On each day specified in the Supplement related to any Series, the Servicer shall calculate the Investor Default Amount and Investor Charge-Offs with respect to the related Series, and the Invested Amount of such Series shall be reduced by the applicable Investor Charge-Offs.\n(b) On each day specified in the Variable Funding Supplement, the Servicer shall calculate the Issuer Default Amount, Issuer Charge-Offs, Defaulted Amount and Issuer Default Deficiency Amount, and the Issuer Amount shall be reduced by the Issuer Charge-Offs.", "snippet_links": [{"key": "related-to", "type": "clause", "offset": [44, 54]}, {"key": "the-servicer", "type": "clause", "offset": [67, 79]}, {"key": "investor-default-amount", "type": "definition", "offset": [100, 123]}, {"key": "investor-charge", "type": "clause", "offset": [128, 143]}, {"key": "with-respect-to", "type": "clause", "offset": [149, 164]}, {"key": "related-series", "type": "definition", "offset": [169, 183]}, {"key": "invested-amount", "type": "definition", "offset": [193, 208]}, {"key": "applicable-investor", "type": "definition", "offset": [248, 267]}, {"key": "variable-funding-supplement", "type": "definition", "offset": [314, 341]}, {"key": "issuer-default", "type": "definition", "offset": [376, 390]}, {"key": "defaulted-amount", "type": "definition", "offset": [419, 435]}, {"key": "deficiency-amount", "type": "clause", "offset": [455, 472]}, {"key": "issuer-amount", "type": "definition", "offset": [482, 495]}, {"key": "by-the-issuer", "type": "clause", "offset": [513, 526]}], "samples": [{"hash": "3FiPqwSgO6V", "uri": "/contracts/3FiPqwSgO6V#defaulted-receivables", "label": "Pooling and Servicing Agreement (Ingram Micro Inc)", "score": 16.0, "published": true}], "size": 1, "hash": "492bb16e4e7e145d8fa92137876e035e", "id": 6}, {"snippet": "Before the occurrence of an Accelerated Amortisation Event, the Seller shall be entitled to request the Management Company to transfer back to it (without penalty) any Purchased Receivable which is a Defaulted Receivable, together with their related Ancillary Rights. The transfer back to the Seller of the Defaulted Receivables identified in the relevant request, together with their related Ancillary Rights, shall take place on the Payment Date following the delivery of such request. The purchase price of the Defaulted Receivables repurchased by the Seller shall be the value of such Defaulted Receivables, as registered in the balance sheet of the Compartment, provided that the Management Company and the Seller can also negotiate and agree any other purchase price.", "snippet_links": [{"key": "accelerated-amortisation-event", "type": "definition", "offset": [28, 58]}, {"key": "the-seller-shall", "type": "clause", "offset": [60, 76]}, {"key": "to-request", "type": "clause", "offset": [89, 99]}, {"key": "the-management-company", "type": "definition", "offset": [100, 122]}, {"key": "transfer-back", "type": "clause", "offset": [126, 139]}, {"key": "without-penalty", "type": "clause", "offset": [147, 162]}, {"key": "purchased-receivable", "type": "definition", "offset": [168, 188]}, {"key": "ancillary-rights", "type": "definition", "offset": [250, 266]}, {"key": "the-transfer", "type": "clause", "offset": [268, 280]}, {"key": "to-the-seller", "type": "definition", "offset": [286, 299]}, {"key": "the-relevant", "type": "clause", "offset": [343, 355]}, {"key": "payment-date", "type": "definition", "offset": [435, 447]}, {"key": "delivery-of", "type": "clause", "offset": [462, 473]}, {"key": "price-of-the", "type": "clause", "offset": [501, 513]}, {"key": "by-the-seller", "type": "clause", "offset": [548, 561]}, {"key": "the-value", "type": "clause", "offset": [571, 580]}, {"key": "balance-sheet", "type": "definition", "offset": [633, 646]}, {"key": "provided-that", "type": "definition", "offset": [667, 680]}], "samples": [{"hash": "9sy6KQuV1JR", "uri": "/contracts/9sy6KQuV1JR#defaulted-receivables", "label": "Amendment Agreement", "score": 25.2450370789, "published": true}], "size": 1, "hash": "86f36ca4fc211738dc6a359e670f74ec", "id": 7}, {"snippet": "On the date on which a Receivable becomes a Defaulted Receivable, the Trust shall automatically and without further action or consideration be deemed to transfer, set over, and otherwise convey to the Transferor, without recourse, representation or warranty, all the right, title and interest of the Trust in and to such Defaulted Receivable, all monies due or to become due with respect thereto and all proceeds of such Defaulted Receivable allocable to the Trust with respect to such Defaulted Receivable, excluding Recoveries relating thereto, which shall remain a part of the Trust Property. On each Determination Date, the Servicer shall calculate the aggregate Investor Default Amount for the preceding Monthly Period with respect to each Series.", "snippet_links": [{"key": "defaulted-receivable", "type": "definition", "offset": [44, 64]}, {"key": "further-action", "type": "clause", "offset": [108, 122]}, {"key": "to-transfer", "type": "clause", "offset": [150, 161]}, {"key": "the-transferor", "type": "clause", "offset": [197, 211]}, {"key": "without-recourse", "type": "definition", "offset": [213, 229]}, {"key": "representation-or-warranty", "type": "clause", "offset": [231, 257]}, {"key": "the-right", "type": "clause", "offset": [263, 272]}, {"key": "title-and-interest", "type": "clause", "offset": [274, 292]}, {"key": "of-the-trust", "type": "clause", "offset": [293, 305]}, {"key": "monies-due", "type": "clause", "offset": [347, 357]}, {"key": "to-the-trust", "type": "definition", "offset": [452, 464]}, {"key": "with-respect-to", "type": "clause", "offset": [465, 480]}, {"key": "the-trust-property", "type": "clause", "offset": [576, 594]}, {"key": "determination-date", "type": "definition", "offset": [604, 622]}, {"key": "the-servicer", "type": "clause", "offset": [624, 636]}, {"key": "calculate-the", "type": "clause", "offset": [643, 656]}, {"key": "aggregate-investor-default-amount", "type": "definition", "offset": [657, 690]}, {"key": "monthly-period", "type": "clause", "offset": [709, 723]}], "samples": [{"hash": "gNm6AmppbFX", "uri": "/contracts/gNm6AmppbFX#defaulted-receivables", "label": "Pooling and Servicing Agreement (Fingerhut Companies Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "e784d76403234c6cf0f2b3327fd5052a", "id": 8}, {"snippet": "Promptly following any Purchased Asset becoming a Defaulted Receivable, the Servicer shall charge off the related Purchased Asset. The Servicer may in its sole discretion either (i) use commercially reasonable efforts to collect amounts due with respect to such Defaulted Receivable, (ii) engage a collection agent to attempt to collect such Defaulted Receivable or (iii) take any other action in accordance with Accepted Servicing Practices and Applicable Law.", "snippet_links": [{"key": "promptly-following", "type": "clause", "offset": [0, 18]}, {"key": "defaulted-receivable", "type": "definition", "offset": [50, 70]}, {"key": "the-servicer", "type": "clause", "offset": [72, 84]}, {"key": "related-purchased-asset", "type": "definition", "offset": [106, 129]}, {"key": "sole-discretion", "type": "definition", "offset": [155, 170]}, {"key": "use-commercially-reasonable-efforts", "type": "clause", "offset": [182, 217]}, {"key": "amounts-due", "type": "definition", "offset": [229, 240]}, {"key": "with-respect-to", "type": "clause", "offset": [241, 256]}, {"key": "collection-agent", "type": "clause", "offset": [298, 314]}, {"key": "to-attempt-to", "type": "clause", "offset": [315, 328]}, {"key": "other-action", "type": "definition", "offset": [381, 393]}, {"key": "in-accordance-with", "type": "definition", "offset": [394, 412]}, {"key": "accepted-servicing-practices", "type": "definition", "offset": [413, 441]}, {"key": "applicable-law", "type": "definition", "offset": [446, 460]}], "samples": [{"hash": "lMwdEiWIw7u", "uri": "/contracts/lMwdEiWIw7u#defaulted-receivables", "label": "Servicing Agreement (Priority Technology Holdings, Inc.)", "score": 36.6303901672, "published": true}], "size": 1, "hash": "1efa51e3310face3a06bb721c46862fd", "id": 9}, {"snippet": "The total amount of Defaulted Receivables which have not been repurchased or replaced by Seller exceeds fifteen percent (15%) of the total balance of Receivables at any time.", "snippet_links": [{"key": "total-amount", "type": "definition", "offset": [4, 16]}, {"key": "repurchased-or-replaced", "type": "clause", "offset": [62, 85]}, {"key": "by-seller", "type": "clause", "offset": [86, 95]}, {"key": "total-balance", "type": "clause", "offset": [133, 146]}, {"key": "at-any-time", "type": "clause", "offset": [162, 173]}], "samples": [{"hash": "l7nmLskz3U9", "uri": "/contracts/l7nmLskz3U9#defaulted-receivables", "label": "Contract of Sale of Timeshare Receivables With Recourse (Ilx Resorts Inc)", "score": 21.0, "published": true}], "size": 1, "hash": "8717374415b37fa8fb123b6b56490bf5", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5kZWZhdWx0ZWQtcmVjZWl2YWJsZXMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Defaulted Receivables", "parents": [["conveyance-of-receivables", "Conveyance of Receivables"], ["ratification", "Ratification"], ["certain-defined-terms", "Certain Defined Terms"], ["netting-of-payments", "Netting of Payments"], ["miscellaneous-provisions", "Miscellaneous Provisions"]], "children": [["", ""], ["taxation", "Taxation"], ["dilutions", "Dilutions"], ["the-servicer", "The Servicer"], ["representation-and-warranties-of-the-seller", "Representation and warranties of the Seller"]], "size": 31, "id": "defaulted-receivables", "related": [["realization-upon-defaulted-mortgage-loans-reo-property", "Realization Upon Defaulted Mortgage Loans; REO Property", "Realization Upon Defaulted Mortgage Loans; REO Property"], ["collection-of-receivables", "Collection of Receivables", "Collection of Receivables"], ["realization-upon-defaulted-mortgage-loans", "Realization Upon Defaulted Mortgage Loans", "Realization Upon Defaulted Mortgage Loans"], ["servicing-of-receivables", "Servicing of Receivables", "Servicing of Receivables"], ["collection-of-receivable-payments", "Collection of Receivable Payments", "Collection of Receivable Payments"]], "related_snippets": [], "updated": "2025-11-09T13:23:53+00:00"}, "json": true, "cursor": ""}}