Payment to the Originator. The SPV shall not purchase any Receivable other than through, under, and pursuant to the terms of, the First Tier Agreement.
Appears in 3 contracts
Samples: Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.)
Payment to the Originator. The SPV shall not purchase acquire any Receivable other than through, under, and pursuant to the terms of, the First Tier AgreementAgreement by payment by the SPV either in cash or by increase in the amount of the subordinated indebtedness owed by the SPV to NSC pursuant to the Intercompany Line of Credit.
Appears in 1 contract
Samples: Transfer and Administration Agreement (Norfolk Southern Corp)
Payment to the Originator. The SPV shall not purchase any Receivable other than through, under, and pursuant to the terms of, the applicable First Tier Agreement.
Appears in 1 contract
Samples: Loan and Administration Agreement (Commercial Credit, Inc.)
