Common use of Repurchase Events Clause in Contracts

Repurchase Events. 24 SECTION 6.03. Depositor Assignment of Repurchased Receivables.......................24 SECTION 6.04. Transfer to the Issuer................................................24 SECTION 6.05. Amendment.............................................................24 SECTION 6.06. Waivers...............................................................25 SECTION 6.07. Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.

Repurchase Events. 24 18 SECTION 6.036.3. Depositor Purchaser Assignment of Repurchased Receivables.......................24 .......18 SECTION 6.046.4. Transfer to the Issuer................................................24 Trust.................................................18 SECTION 6.056.5. Amendment.............................................................24 .............................................18 SECTION 6.066.6. Accountants' Letters..................................19 SECTION 6.7. Waivers...............................................................25 ...............................................19 SECTION 6.076.8. Notices...............................................................25 ...............................................20 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.106.9.

Repurchase Events. 24 18 SECTION 6.036.3. Depositor CNHCR Assignment of Repurchased Receivables.......................24 .............18 SECTION 6.046.4. Transfer to the Issuer................................................24 Trust...................................................18 SECTION 6.056.5. Amendment.............................................................24 ...............................................19 SECTION 6.066.6. Accountants' Letters....................................19 SECTION 6.7. Waivers...............................................................25 .................................................20 SECTION 6.076.8. Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10..................................................20

Repurchase Events. 24 18 SECTION 6.036.3. Depositor Purchaser Assignment of Repurchased Receivables.......................24 ..............19 SECTION 6.046.4. Transfer to the Issuer................................................24 Trust........................................................19 SECTION 6.056.5. Amendment.............................................................24 ....................................................19 SECTION 6.066.6. Accountants' Letters.........................................20 SECTION 6.7. Waivers...............................................................25 ......................................................20 SECTION 6.076.8. Notices...............................................................25 ......................................................20 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.106.9.

Repurchase Events. 24 18 SECTION 6.036.3. Depositor CNHCR Assignment of Repurchased Receivables.......................24 ........18 SECTION 6.046.4. Transfer to the Issuer................................................24 Trust..............................................18 SECTION 6.056.5. Amendment.............................................................24 ..........................................19 SECTION 6.066.6. Accountants' Letters...............................19 SECTION 6.7. Waivers...............................................................25 ............................................20 SECTION 6.076.8. Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.............................................20

Repurchase Events. 24 19 SECTION 6.036.3. Depositor Purchaser Assignment of Repurchased Receivables.......................24 ...........................................19 SECTION 6.046.4. Transfer to the Issuer................................................24 Trust.....................................................................................19 SECTION 6.056.5. Amendment.............................................................24 .................................................................................19 SECTION 6.066.6. Accountants' Letters......................................................................20 SECTION 6.7. Waivers...............................................................25 ...................................................................................20 SECTION 6.076.8. Notices...............................................................25 ...................................................................................21 SECTION 6.086.9. Costs and Expenses....................................................25 ........................................................................21 SECTION 6.096.10. Representations of the Seller Originator and the Depositor.......................26 Purchaser......................................21 SECTION 6.106.11.

Repurchase Events. 24 SECTION 6.03. Depositor ..14 Section 6.3 Purchaser's Assignment of Repurchased Receivables.......................24 SECTION 6.04. Transfer to the Issuer................................................24 SECTION 6.05. Amendment.............................................................24 SECTION 6.06. .........................14 Section 6.4 Trust...........................................14 Section 6.5 Amendments......................................14 Section 6.6 Accountants' Letters............................15 Section 6.7 Waivers...............................................................25 SECTION 6.07. .........................................15 Section 6.8 Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10..........................................15 Section 6.9

Repurchase Events. 24 16 SECTION 6.03. Depositor Purchaser Assignment of Repurchased Receivables.......................24 ........ 17 SECTION 6.04. Transfer to the Issuer................................................24 Trust.................................................. 17 SECTION 6.05. Amendment.............................................................24 .............................................. 17 SECTION 6.06. Waivers...............................................................25 ................................................ 17 SECTION 6.07. Notices...............................................................25 ................................................ 17 SECTION 6.08. Costs and Expenses....................................................25 ..................................... 18 SECTION 6.09. Representations of the Seller and the Depositor.......................26 Purchaser................ 18 SECTION 6.10.

Repurchase Events. 24 19 SECTION 6.036.3. Depositor Purchaser Assignment of Repurchased Receivables.......................24 ......19 SECTION 6.046.4. Transfer to the IssuerTrust................................................24 19 SECTION 6.056.5. Amendment.............................................................24 ............................................19 SECTION 6.066.6. Accountants' Letters.................................20 SECTION 6.7. Waivers...............................................................25 ..............................................20 SECTION 6.076.8. Notices...............................................................25 ..............................................21 SECTION 6.086.9. Costs and Expenses....................................................25 ...................................21 SECTION 6.096.10. Representations of the Seller Originator and the Depositor.......................26 Purchaser..........................................21 SECTION 6.106.11.

Repurchase Events. 24 19 SECTION 6.036.3. Depositor Purchaser Assignment of Repurchased Receivables.......................24 .......19 SECTION 6.046.4. Transfer to the Issuer................................................24 Trust.................................................19 SECTION 6.056.5. Amendment.............................................................24 .............................................20 SECTION 6.066.6. Accountants' Letters..................................20 SECTION 6.7. Waivers...............................................................25 SECTION 6.07. Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10................................................21 TABLE OF CONTENTS (continued) Page

Repurchase Events. 24 16 SECTION 6.03. Depositor 6.3 CNHCR Assignment of Repurchased Receivables.......................24 .........17 SECTION 6.04. Transfer to the Issuer................................................24 6.4 Trust...............................................17 SECTION 6.05. 6.5 Amendment.............................................................24 ...........................................17 SECTION 6.06. 6.6 Accountants' Letters................................18 SECTION 6.7 Waivers...............................................................25 .............................................18 SECTION 6.07. 6.8 Notices...............................................................25 .............................................18 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.6.9

Repurchase Events. 24 SECTION 6.03. Depositor ..13 Section 6.3 Purchaser's Assignment of Repurchased Receivables.......................24 SECTION 6.04. Transfer to the Issuer................................................24 SECTION 6.05. Amendment.............................................................24 SECTION 6.06. .....13 Section 6.4 Trust.................................................13 Section 6.5 Amendments............................................14 Section 6.6 Accountants' Letters..................................14 Section 6.7 Waivers...............................................................25 SECTION 6.07. ...............................................14 Section 6.8 Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10................................................14 Section 6.9

Repurchase Events. 24 16 SECTION 6.03. Depositor Purchaser Assignment of Repurchased Receivables.......................24 ................. 16 SECTION 6.04. Transfer to the Issuer................................................24 Trust........................................................... 16 SECTION 6.05. Amendment.............................................................24 ....................................................... 17 TABLE OF CONTENTS (CONTINUED) PAGE SECTION 6.06. Waivers...............................................................25 ......................................................... 17 SECTION 6.07. Notices...............................................................25 ......................................................... 17 SECTION 6.08. Costs and Expenses....................................................25 .............................................. 17 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.Purchaser......................... 18

Repurchase Events. 24 9 SECTION 6.03. Depositor 6.03 Purchaser Assignment of Repurchased Receivables.......................24 Receivables ............................... 9 SECTION 6.04. Transfer to the Issuer................................................24 6.04 The Trust ..................................................................... 9 SECTION 6.05. Amendment.............................................................24 6.05 Amendment ..................................................................... 9 SECTION 6.06. Waivers...............................................................25 6.06 Accountants' Letters .......................................................... 10 SECTION 6.07. Notices...............................................................25 6.07 Waivers ....................................................................... 10 SECTION 6.08. Costs and Expenses....................................................25 6.08 Notices ....................................................................... 10 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.

Repurchase Events. 24 17 SECTION 6.03. Depositor Purchaser Assignment of Repurchased Receivables.......................24 ..... 17 SECTION 6.04. Transfer to the Issuer................................................24 Trust............................................... 17 SECTION 6.05. Amendment.............................................................24 ........................................... 17 SECTION 6.06. Waivers...............................................................25 ............................................. 18 SECTION 6.07. Notices...............................................................25 ............................................. 18 SECTION 6.08. Costs and Expenses....................................................25 .................................. 18 SECTION 6.09. Representations of the Seller and the Depositor.......................26 Purchaser............. 18 SECTION 6.10.

Repurchase Events. 24 SECTION 6.03. Depositor ..13 Section 6.3 Purchaser's Assignment of Repurchased Receivables.......................24 SECTION 6.04. Transfer to the Issuer................................................24 SECTION 6.05. Amendment.............................................................24 SECTION 6.06. .....13 Section 6.4 Trust.................................................13 Section 6.5 Amendments............................................13 Section 6.6 Accountants' Letters..................................14 Section 6.7 Waivers...............................................................25 SECTION 6.07. ...............................................14 Section 6.8 Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10................................................14 Section 6.9

Repurchase Events. 24 17 SECTION 6.03. Depositor Purchaser Assignment of Repurchased Receivables.......................24 ....................... 17 SECTION 6.04. Transfer to the Issuer................................................24 Trust................................................................. 18 SECTION 6.05. Amendment.............................................................24 ............................................................. 18 SECTION 6.06. Waivers...............................................................25 ............................................................... 18 SECTION 6.07. Notices...............................................................25 ............................................................... 18 SECTION 6.08. Costs and Expenses....................................................25 .................................................... 19 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.Purchaser............................... 19

Repurchase Events. 24 8 SECTION 6.03. Depositor 6.03 WOAR Assignment of Repurchased Receivables.......................24 ................. 8 SECTION 6.04. Transfer to the Issuer................................................24 6.04 The Trust.................................................. 9 SECTION 6.05. 6.05 Amendment.............................................................24 .................................................. 9 SECTION 6.06. 6.06 Accountants' Letters....................................... 9 SECTION 6.07 Waivers...............................................................25 .................................................... 9 SECTION 6.07. 6.08 Notices...............................................................25 SECTION 6.08. Costs and Expenses....................................................25 ................................................... 10 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.

Repurchase Events. 24 19 SECTION 6.036.3. Depositor Purchaser Assignment of Repurchased Receivables.......................24 .....19 SECTION 6.046.4. Transfer to the Issuer................................................24 Trust...............................................19 SECTION 6.056.5. Amendment.............................................................24 ...........................................19 SECTION 6.066.6. Accountants' Letters................................20 SECTION 6.7. Waivers...............................................................25 .............................................20 SECTION 6.076.8. Notices...............................................................25 .............................................21 SECTION 6.086.9. Costs and Expenses....................................................25 ..................................21 SECTION 6.096.10. Representations of the Seller Originator and the Depositor.......................26 Purchaser..21 SECTION 6.106.11.

Repurchase Events. 24 SECTION 10 Section 6.03. Depositor Purchaser Assignment of Repurchased Receivables.......................24 SECTION ..............10 Section 6.04. Transfer to the Issuer................................................24 SECTION .......................................10 Section 6.05. Amendment.............................................................24 SECTION ....................................................11 Section 6.06. Waivers...............................................................25 SECTION ......................................................12 Section 6.07. Notices...............................................................25 SECTION ......................................................12 Section 6.08. Costs and Expenses....................................................25 SECTION 6.09. Representations of the Seller and the Depositor.......................26 SECTION 6.10.