Common use of Receivable Clause in Contracts

Receivable. (a) As used in the Basic Documents (other than the Purchase Agreement) in the context of a transfer of a Receivable or the ownership of a Receivable, a Retail Note or the beneficial interest in a Retail Lease the record owner of which is the Titling Trust that is transferred to the Issuer pursuant to the Pooling Agreement and (b) as used in the Basic Documents in all other contexts, a Retail Lease or a Retail Note that is transferred to the Issuer pursuant to the Pooling Agreement.

Appears in 3 contracts

Samples: Pooling Agreement (Navistar Financial Corp), Pooling Agreement (Navistar Financial 2005-a Owner Trust), Pooling Agreement (Navistar Financial Retail Rec Corp Navistar Fin 04 a Own Tr)

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