Account Allocations. If Seller is unable for any reason to transfer Transferred Receivables to Buyer in accordance with the provisions of this Agreement (including by reason of the application of the provisions of Section 5.1 or an order by any Governmental Authority that Seller not transfer any additional Receivables to Buyer) then, in any such event, Seller agrees to allocate and pay to Buyer or Master Servicer on its behalf, after the date of such inability, all Collections with respect to Transferred Receivables previously sold by Seller to Buyer.
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Samples: Receivables Purchase and Contribution Agreement (CDF Funding, Inc.), Receivables Purchase and Contribution Agreement (CDF Funding, Inc.), Receivables Purchase and Contribution Agreement (CDF Funding, Inc.)
Account Allocations. If such Seller is unable for any reason to transfer Transferred Receivables to Buyer in accordance with the provisions of this Agreement (including by reason of the application of the provisions of Section 5.1 or an order by any Governmental Authority that such Seller not transfer any additional Receivables to Buyer) then, in any such event, such Seller agrees to allocate and pay to Buyer or Master Servicer on its behalf, after the date of such inability, all Collections with respect to Transferred Receivables previously sold by such Seller to Buyer.
Appears in 2 contracts
Samples: Receivables Sale Agreement (CDF Funding, Inc.), Receivables Sale Agreement (CDF Funding, Inc.)
Account Allocations. If In the event that such Seller is unable for any reason to transfer Transferred Receivables to Buyer the Purchaser in accordance with the provisions of this Agreement (including by reason of the application of the provisions of Section 5.1 8.02 or an any order of any Governmental Authority), then such Seller agrees (except as prohibited by any Governmental Authority such order) that Seller not transfer any additional Receivables to Buyer) then, in any Collections on such event, Seller agrees to allocate and pay to Buyer or Master Servicer on its behalf, after the date of such inability, all Collections with respect to Transferred Receivables previously sold by Seller to Buyerwill be allocated in accordance with Section 2.11 of the Transfer and Servicing Agreement.
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Account Allocations. If Seller is unable for any reason to transfer Transferred Receivables to Buyer in accordance with the provisions of this Agreement (including by reason of the application of the provisions of Section 5.1 or an order by any Governmental Authority that Seller not transfer any additional Receivables to Buyer) then, in any such event, Seller agrees to allocate and pay to Buyer or Master Servicer on its behalfbehalf of Buyer, after the date of such inability, all Collections with respect to Transferred Receivables previously sold by Seller to Buyer.
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Samples: Receivables Purchase and Contribution Agreement (CDF Funding, Inc.)
Account Allocations. If such Seller is unable for any reason to transfer Transferred Receivables to Buyer in accordance with the provisions of this Agreement (including by reason of the application of the provisions of Section 5.1 or an order by any Governmental Authority that such Seller not transfer any additional Receivables to Buyer) then, in any such event, such Seller agrees to allocate and pay to Buyer or Master Servicer on its behalfbehalf of Buyer, after the date of such inability, all Collections with respect to Transferred Receivables previously sold by such Seller to Buyer.
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