Common use of Servicing of Receivables Clause in Contracts

Servicing of Receivables. TRS is the Servicer of the Purchased Assets pursuant to the Servicing Agreement. TRS agrees that FSB shall not be responsible for the payment of any fees for servicing the Purchased Assets sold by FSB to TRS under this Agreement. [END OF ARTICLE III]

Appears in 4 contracts

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC), Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC), Receivables Purchase Agreement

AutoNDA by SimpleDocs

Servicing of Receivables. TRS is the Servicer of the Purchased Assets pursuant to the Servicing Agreement. TRS agrees that FSB the Seller shall not be responsible for the payment of any fees for servicing the Purchased Assets sold by FSB the Seller to TRS under this Agreement. [END OF ARTICLE III]

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

AutoNDA by SimpleDocs

Servicing of Receivables. TRS is the Servicer of the Purchased Assets pursuant to the Transfer and Servicing Agreement. TRS agrees that FSB shall not be responsible for the payment of any fees for servicing the Purchased Assets sold by FSB to TRS under this Agreement. [END OF ARTICLE III]

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (American Express Receivables Financing CORP v LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.