Common use of Receivables Purchase Agreement Clause in Contracts

Receivables Purchase Agreement. Seller shall not give any consent to ------------------------------ FCNB or exercise any of its rights under the Receivables Purchase Agreement unless the Rating Agency Condition is satisfied with respect thereto.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Spiegel Master Trust), Pooling and Servicing Agreement (First Consumers Master Trust)

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Receivables Purchase Agreement. Seller shall not give any consent to ------------------------------ FCNB or exercise any of its rights under the Receivables Purchase Agreement unless the Rating Agency Condition is satisfied with respect thereto.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Spiegel Inc)

Receivables Purchase Agreement. Seller shall not give any consent ------------------------------ to ------------------------------ FCNB or SAC or exercise any of its rights under the Receivables Purchase Agreement unless the Rating Agency Condition is satisfied with respect thereto.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Spiegel Credit Corp Iii)

Receivables Purchase Agreement. Seller shall not give any consent ------------------------------- to ------------------------------ FCNB or exercise any of its rights under the Receivables Purchase Agreement unless the Rating Agency Condition is satisfied with respect thereto.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (First Consumers Master Trust)

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Receivables Purchase Agreement. Seller shall not give any consent ------------------------------ to ------------------------------ FCNB or exercise any of its rights under the Receivables Purchase Agreement unless the Rating Agency Condition is satisfied with respect thereto.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Spiegel Master Trust)

Receivables Purchase Agreement. Seller shall not give any consent ------------------------------ to ------------------------------ FCNB or exercise any of its rights under the Receivables Purchase Agreement unless the Rating Agency Condition is satisfied with respect thereto.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Spiegel Inc)

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