Removal of Accounts and Participation Interests. On any day of any Monthly Period, each Transferor shall have the right to require the reassignment to it or its designee of all the Trust’s right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received thereafter with respect thereto and all proceeds thereof in or with respect to the Accounts specified herein (the “Removed Accounts”) or Participation Interests conveyed to the Trust by such Transferor (the “Removed Participation Interests”) (unless otherwise set forth in the applicable Participation Interest Supplement or Series Supplement), and designated for removal by the Transferor, upon satisfaction of the conditions in clauses (i), (iii), (iv) and (v) below:
Removal of Accounts and Participation Interests. (a) On any day of any Monthly Period each Transferor shall have the right to require the reassignment to it or its designee of all the Trust's right, title and interest in, to and under the Receivables then existing and thereafter created, all Recoveries related thereto received after the Removal Date, all monies due or to become due and all amounts received or receivable with respect thereto and all proceeds thereof in or with respect to such Accounts (the "Removed Accounts") or Participation Interests conveyed to the Trust by such Transferor (the "Removed Participation Interests") (unless otherwise set forth in the applicable Participation Interest Supplement or Indenture Supplement) and designated for removal by the Transferor, upon satisfaction of the conditions in clauses (i) through (v) below; provided, however, that the conditions listed in clauses (iv) and (v) below need not be satisfied if the Removed Accounts (x) are Zero Balance Accounts or (y) relate to a terminated Merchant Agreement and the related Merchant has elected to purchase the Receivables in such Removed Accounts:
Removal of Accounts and Participation Interests. (a) Once per Monthly Period, each Transferor shall have the right to require the reassignment to it or its designee of all the Trust's right, title and interest in, to and under the Receivables then existing and thereafter created, all Recoveries related thereto after the Removal Date, all monies due or to become due and all amounts received or receivable with respect thereto, and all proceeds thereof in or with respect to certain specified Accounts (the "Removed Accounts") or Participation Interests conveyed to the Trust by such Transferor (the "Removed Participation Interests") (unless otherwise set forth in the applicable Participation Interest Supplement or Indenture Supplement) and designated for removal by the Transferor, upon satisfaction of the following conditions:
Removal of Accounts and Participation Interests. On any day of any Monthly Period the Transferor shall have the right to require the reassignment to it or its designee of all the Trust's right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received thereafter with respect thereto and all proceeds thereof in or with respect to the Accounts specified in a Receivables Purchase Agreement (the "Removed Accounts") or Participation Interests conveyed to the Trust by the Transferor (the "Removed Participation Interests") (unless otherwise set forth in the applicable Participation Interest Supplement or Series Supplement) and designated for removal by the Transferor, upon satisfaction of the conditions in clauses (i), (iii), (iv), (v) and (vi) below: (i) on or before the eighth Business Day immediately preceding the Removal Date, the Transferor shall have given the Trustee, the Servicer, the Rating Agency and each Series Enhancer notice (unless such notice requirement is otherwise waived) of such removal and specifying the date for removal of the Removed Accounts and removed Participation Interests (the "Removal Date"); (ii) on or prior to the date that is five Business Days after the Removal Date, the Transferor shall amend Schedule 1 by delivering to the Trustee a computer file or microfiche list containing a true and complete list of the Removed Accounts specifying for each such Account, as of the date notice of the Removal Date is given, its account number, the aggregate amount outstanding in such Account and the aggregate amount of Principal Receivables outstanding in such Account; (iii) the Transferor shall have represented and warranted as of the Removal Date that the list of Removed Accounts delivered pursuant to paragraph (ii) above, as of the Removal Date, is true and complete in all material respects; (iv) the Rating Agency Condition shall have been satisfied with respect to the removal of the Removed Accounts and removed Participation Interests; (v) the Transferor shall have delivered to the Trustee an Officer's Certificate, with a copy to the Rating Agency, dated the Removal Date, to the effect that the Transferor reasonably believes that (a) such removal will not have an Adverse Effect, (b) (I) no selection procedures believed by the Transferor to be materially adverse to the interests of the Investor Securityholders have been used in selecting the Removed Accounts or (II) a random selection procedure was use...
Removal of Accounts and Participation Interests. On any day of any Monthly Period each Transferor shall have the right to designate certain Accounts to be removed as Accounts and to require the reassignment to it or its designee of all the Trust's right, title and interest in, to and under the Receivables then existing and thereafter created in such Removed Accounts, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to such Accounts or Participation Interests conveyed to the Trust by a Transferor. The removal of Accounts specified for removal (the "Removed Accounts") and Participation Interests specified for removal ("Removed Participation Interests") are subject to the satisfaction of the following conditions:
Removal of Accounts and Participation Interests. On any day of any Monthly Period each Transferor shall have the right, subject to the restrictions set forth in Section 2.12, to require the reassignment to it or its designee of all the Trustee's right, title and interest in, to and under the Receivables then existing and thereafter created, all moneys due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to the Accounts designated by such Transferor (the "Removed Accounts") or Participation Interests designated by the Transferor, upon satisfaction of the following conditions:
Removal of Accounts and Participation Interests. On any day of any Due Period the Seller shall have the right to require the reassignment to it or its designee of all the Trust's right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to the Accounts (the "Removed Accounts") or Participation Interests (unless otherwise set forth in the applicable Participation Interest Supplement or Series Supplement) designated by the Seller upon satisfaction of the following conditions:
Removal of Accounts and Participation Interests. On any day of any Monthly Period each Transferor shall have the right to require the reassignment to it or its designee of all the Trust's right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to the Accounts specified in a Receivables Transfer Agreement with such Transferor (the "Removed Accounts") or Participation Interests conveyed to the Trust by such Transferor upon satisfaction of the following conditions:
Removal of Accounts and Participation Interests. (a) On any day of any Monthly Period each Transferor shall have the right to require the reassignment to it or its designee of all of the Trust's right, title and interest in, to and under any Receivables or Participating Receivables then existing and thereafter created, all moneys due or to become due
Removal of Accounts and Participation Interests. On any day of any Monthly Period each Transferor shall have the right to require the reassignment to it or its designee of all the Trust's right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received thereafter with respect thereto and all proceeds thereof in or with respect to the Accounts (the "Removed Accounts") the Receivables with respect to which have been conveyed to the Trust by such Transferor or the Predecessor Transferor or Participation Interests conveyed to the Trust by such Transferor or the Predecessor Transferor (the "Removed Participation Interests") (unless otherwise set forth in the applicable Participation Interest Supplement or Series Supplement) and designated for removal by the Transferor, upon satisfaction of the following conditions:
