Common use of Regular Purchases Clause in Contracts

Regular Purchases. After the Closing Date and until the Purchase and Sale Termination Date, each Receivable (and the rights related thereto described in Section 1.1) created by each Originator shall be deemed to have been sold to AFC immediately (and without further action) upon the creation of such Receivable.

Regular Purchases. After the Initial Closing Date and Date, until the Purchase and Sale Termination Date, each Receivable (and the rights related thereto described in Section 1.1) created by each Originator shall be deemed to have been sold to AFC immediately (and without further action) upon the creation of such Receivable.

Regular Purchases. After the Initial Closing Date and Date, until the Purchase and Sale Termination Date, each Receivable (and the rights related thereto described in Section SECTION 1.1) created by each the Originator shall be deemed to have been sold to AFC immediately (and without further action) upon the creation of such Receivable.