ACCEPTANCE OF OFFER AND PAYMENT FOR EXISTING RECEIVABLES. 3.1 Following the receipt of the required funds by the Receivables Trustee from or on behalf of the relevant Beneficiaries in respect of any amounts of Purchase Price payable in cash in accordance with Clause 3.4, the Receivables Trustee may accept any Offer made in accordance with Clause 2.3 in the manner specified in Clause 3.4.
Appears in 4 contracts
Samples: And Restatement Agreement (Barclaycard Funding PLC), Restatement Agreement (Barclaycard Funding PLC), Restatement Agreement (Gracechurch Receivables Trustee LTD)
ACCEPTANCE OF OFFER AND PAYMENT FOR EXISTING RECEIVABLES. 3.1 Following the receipt of the required funds by the Receivables Trustee from or on behalf of the relevant Beneficiaries in respect of any amounts of Purchase Price payable in cash in accordance with Clause 3.4, the The Receivables Trustee may accept any Offer made in accordance with Clause 2.3 in the manner specified in Clause 3.4.
Appears in 2 contracts
Samples: Arran Funding LTD, Arran Funding LTD
ACCEPTANCE OF OFFER AND PAYMENT FOR EXISTING RECEIVABLES. 3.1 Following Subject to the receipt of the required funds by the Receivables Trustee from or on behalf of the relevant Beneficiaries in respect of any amounts of Purchase Price payable in cash in accordance with Clause 3.4Beneficiaries, the Receivables Trustee may shall accept any Offer made in accordance with Clause 2.3 in the manner specified in Clause 3.43.5.
Appears in 1 contract
Samples: Agreement (Barclaycard Funding PLC)