Common use of Subsequent Receivables Clause in Contracts

Subsequent Receivables. The obligation of the Purchaser to purchase the Subsequent Receivables to be conveyed to the Purchaser on each Subsequent Transfer Date is subject to the satisfaction of the following conditions:

Appears in 8 contracts

Sources: Purchase Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Owner Trust 2000-2), Purchase Agreement (Mmca Auto Receivables Trust)

Subsequent Receivables. The obligation of the Purchaser to purchase the Subsequent Receivables to be conveyed to the Purchaser on each Subsequent Transfer Date is subject to the satisfaction of the following conditions:: (i)

Appears in 1 contract

Sources: Purchase Agreement (Mmca Auto Receivables Inc)