RFC IV definition
Examples of RFC IV in a sentence
Upon discovery by FSB or RFC IV of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give written notice to the other party and the Trustee within three (3) Business Days following such discovery.
RFC II, RFC III, RFC IV, the Servicer and the Trustee have caused this Amendment to be duly executed and delivered by their respective duly authorized officers as of the day and year first written above.
Such reassigned Receivables shall be treated by RFC IV as collected in full as of the date on which they were reassigned.
The recitals and statements herein are deemed to be those of RFC II, RFC III, RFC IV and the Servicer, and not of the Trustee.
Pursuant to Section 13.01(a) of the Pooling and Servicing Agreement, each of RFC II, RFC III and RFC IV has delivered to the Trustee an Officer’s Certificate, dated the date of this Amendment, stating that RFC II, RFC III and RFC IV, respectively, reasonably believes that this Amendment will not have an Adverse Effect.
Pursuant to Section 9.01 of the Receivables Purchase Agreement, FSB and RFC IV have given prior notice of this Amendment to the Trustee and each Rating Agency, and FSB has delivered to RFC IV an Officer’s Certificate of FSB, dated the date of this Amendment, stating that FSB reasonably believes that this Amendment will not cause a Pay-Out Event or a Reinvestment Event.
In addition, at its option and with the consent of RFC IV, FSB may designate Eligible Accounts as Aggregate Addition Accounts and sell to RFC IV the Purchased Assets related to such Aggregate Addition Accounts.
The representations and warranties set forth in this Section 4.01 shall survive the sale of the Purchased Assets to RFC IV.
The representations and warranties set forth in this Section 4.02 shall survive the sale of the Purchased Assets to RFC IV.
RFC IV and FSB have caused this Amendment to be duly executed and delivered by their respective duly authorized officers as of the day and year first written above.