Common use of Addition of Additional Accounts Clause in Contracts

Addition of Additional Accounts. Prior to the Transition Date, if, from time to time, the Company becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(a) of the Transfer and Servicing Agreement, then HRAC may, at its option, give the Bank written notice thereof on or before the fifth Business Day (the "ADDITION NOTICE DATE") prior to the Addition Date therefor, and upon receipt of such notice the Bank shall on or before such Addition Date, designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC will be in compliance with the requirements of said subsection 2.09(a). Prior to the Transition Date, additionally, subject to subsections 2.09(b) and (c) of the Transfer and Servicing Agreement, from time to time Eligible Accounts may be designated to be included as Additional Accounts upon the mutual agreement of the Company, HRAC and the Bank. In either event, the Bank shall have sole responsibility for selecting the Additional Accounts. On the Addition Date with respect to any designation of Additional Accounts, HRAC has purchased the Bank's right, title and interest in, to and under the Receivables in such Additional Accounts (and such Additional Accounts shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assets.

Addition of Additional Accounts. Prior to the Transition Date, if, from time to time, the Company becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(a) of the Transfer and Servicing Agreement, then HRAC HPLAC may, at its option, give the Bank written notice thereof on or before the fifth Business Day (the "ADDITION NOTICE DATE"“Addition Notice Date”) prior to the Addition Date therefor, and upon receipt of such notice the Bank shall on or before such Addition Date, designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC HPLAC will be in compliance with the requirements of said subsection 2.09(a). Prior to the Transition Date, additionally, subject to subsections 2.09(b) and (c) of the Transfer and Servicing Agreement, from time to time Eligible Accounts may be designated to be included as Additional Accounts upon the mutual agreement of the Company, HRAC HPLAC and the Bank. In either event, the Bank shall have sole responsibility for selecting the Additional Accounts. On the Addition Date with respect to any designation of Additional Accounts, HRAC HPLAC has purchased the Bank's ’s right, title and interest in, to and under the Receivables in such Additional Accounts (and such Additional Accounts shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assets.

Addition of Additional Accounts. Prior to the Transition Date, if, (a) If from time to time, the Company ------------------------------- Buyer becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(aSection ------- 2.6(a) of the Transfer and Servicing AgreementAgreement (or any other provision thereof ------ calling for compliance with the procedures set forth in such Section 2.6(a)), --------------- then HRAC may, at its option, Buyer shall give the Bank RPA Sellers written notice thereof on or before the fifth Business Day (the "ADDITION NOTICE DATE") Notice Date prior to the Addition Date therefor, therefor and upon receipt of such notice the Bank RPA Sellers shall on or before such the Addition Date, Date designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC Buyer will be in compliance with the requirements of said subsection 2.09(aSection 2.6(a). Prior Additionally, subject -------------- to the Transition Datelimitations, additionallyif any, subject on Buyer's ability to subsections 2.09(b) and (cadd Additional Accounts under Section 2.6(b) of the Transfer and Servicing Agreement, from time to time -------------- Eligible Accounts may be designated to be included as Additional Accounts Accounts, upon the mutual agreement of the Company, HRAC Buyer and the BankRPA Sellers. In either event, the Bank RPA Sellers shall have sole responsibility for selecting the Additional Accounts. On Accounts and shall on or prior to the Addition Date with respect to any designation of Additional Accounts, HRAC has purchased therefore execute and deliver a Supplemental Conveyance identifying the Bank's right, title and interest in, to and under the Receivables in such Additional Accounts (by account number and such Additional Accounts Receivables balance and Principal Receivables balance as of the Addition Date, which Supplemental Conveyance shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assetseffective upon receipt by Buyer.

Addition of Additional Accounts. Prior to the Transition Date, if, (a) If from time to time, the Company ------------------------------- Buyer becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(aSection ------- 2.6(a) ------ of the Transfer and Servicing AgreementAgreement (or any other provision thereof calling for compliance with the procedures set forth in such Section 2.6(a)), then HRAC may, at its option, Buyer -------------- shall give the Bank RPA Seller written notice thereof on or before the fifth Business Day (the "ADDITION NOTICE DATE") Notice Date prior to the Addition Date therefor, therefor and upon receipt of such notice the Bank RPA Seller shall on or before such the Addition Date, Date designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC Buyer will be in compliance with the requirements of said subsection 2.09(aSection 2.6(a). Prior to the Transition Date, additionallyAdditionally, subject to subsections 2.09(b) and (cthe ------------- limitations, if any, on Buyer's ability to add Additional Accounts under Section ------- 2.6(b) of the Transfer and Servicing Agreement, from time to time Eligible Accounts may be ----- designated to be included as Additional Accounts Accounts, upon the mutual agreement of the Company, HRAC Buyer and the BankRPA Seller. In either event, the Bank RPA Seller shall have sole responsibility for selecting the Additional Accounts. On Accounts and shall on or prior to the Addition Date with respect to any designation of Additional Accounts, HRAC has purchased therefore execute and deliver a Supplemental Conveyance identifying the Bank's right, title and interest in, to and under the Receivables in such Additional Accounts (by account number and such Additional Accounts Receivables balance and Principal Receivables balance as of the Addition Date, which Supplemental Conveyance shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assetseffective upon receipt by Buyer.

Addition of Additional Accounts. Prior to the Transition Date, if, (a) If from time to time, the Company ------------------------------- Buyer becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(aSection ------- 2.6(a) of the Transfer and Servicing AgreementAgreement (or any other provision thereof ------ calling for compliance with the procedures set forth in such Section 2.6(a)), -------------- then HRAC may, at its option, Buyer shall give the Bank RPA Sellers written notice thereof on or before the fifth Business Day (the "ADDITION NOTICE DATE") Notice Date prior to the Addition Date therefor, therefor and upon receipt of such notice the Bank RPA Sellers shall on or before such the Addition Date, Date designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC Buyer will be in compliance with the requirements of said subsection 2.09(aSection 2.6(a). Prior Additionally, subject -------------- to the Transition Datelimitations, additionallyif any, subject on Buyer's ability to subsections 2.09(b) and (cadd Additional Accounts under Section 2.6(b) of the Transfer and Servicing Agreement, from time to time -------------- Eligible Accounts may be designated to be included as Additional Accounts Accounts, upon the mutual agreement of the Company, HRAC Buyer and the BankRPA Sellers. In either event, the Bank RPA Sellers shall have sole responsibility for selecting the Additional Accounts. On Accounts and shall on or prior to the Addition Date with respect to any designation of Additional Accounts, HRAC has purchased therefore execute and deliver a Supplemental Conveyance identifying the Bank's right, title and interest in, to and under the Receivables in such Additional Accounts (by account number and such Additional Accounts Receivables balance and Principal Receivables balance as of the Addition Date, which Supplemental Conveyance shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assetseffective upon receipt by Buyer.

Addition of Additional Accounts. Prior to the Transition Date, if, (a) If from time to time, the Company ------------------------------- Buyer becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(aSection ------- 2.6(a) of the Transfer and Servicing AgreementAgreement (or any other provision thereof calling for ----- compliance with the procedures set forth in such Section 2.6(a)), then HRAC may, at its option, Buyer -------------- shall give the Bank RPA Sellers written notice thereof on or before the fifth Business Day (the "ADDITION NOTICE DATE") Notice Date prior to the Addition Date therefor, therefor and upon receipt of such notice the Bank RPA Sellers shall on or before such the Addition Date, Date designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC Buyer will be in compliance with the requirements of said subsection 2.09(aSection 2.6(a). Prior to the Transition Date, additionallyAdditionally, subject to subsections 2.09(b) and (cthe ------------- limitations, if any, on Buyer's ability to add Additional Accounts under Section ------- 2.6(b) of the Transfer and Servicing Agreement, from time to time Eligible Accounts may be ----- designated to be included as Additional Accounts Accounts, upon the mutual agreement of the Company, HRAC Buyer and the BankRPA Sellers. In either event, the Bank RPA Sellers shall have sole responsibility for selecting the Additional Accounts. On Accounts and shall on or prior to the Addition Date with respect to any designation of Additional Accounts, HRAC has purchased therefore execute and deliver a Supplemental Conveyance identifying the Bank's right, title and interest in, to and under the Receivables in such Additional Accounts (by account number and such Additional Accounts Receivables balance and Principal Receivables balance as of the Addition Date, which Supplemental Conveyance shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assetseffective upon receipt by Buyer.

Addition of Additional Accounts. Prior to the Transition Date, if, (a) If from time to ------------------------------- time, the Company Buyer becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(a2.6(a) of the Transfer and Servicing AgreementAgreement (or any other provision thereof calling for compliance with the procedures set forth in such subsection 2.6(a)), then HRAC may, at its option, Buyer shall give the Bank Sellers written notice thereof on or before the fifth Business Day (the "ADDITION NOTICE DATENotice Date") prior to the Addition Date therefor, therefor and upon receipt of such notice the Bank Sellers shall on or before such the Addition Date, Date designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC Buyer will be in compliance with the requirements of said subsection 2.09(a2.6(a). Prior to the Transition Date, additionallyAdditionally, subject to subsections 2.09(b) and (cthe limitations, if any, on Buyer's ability to add Additional Accounts under subsection 2.6(b) of the Transfer and Servicing Agreement, from time to time Eligible Accounts may be designated to be included as Additional Accounts Accounts, upon the mutual agreement of the Company, HRAC Buyer and the BankSellers. In either event, the Bank Sellers shall have sole responsibility for selecting the Additional Accounts. On Accounts and shall on or prior to the Addition Date with respect to any designation of Additional Accounts, HRAC has purchased therefor execute and deliver a Supplemental Conveyance identifying the Bank's right, title and interest in, to and under the Receivables in such Additional Accounts (by account number and such Additional Accounts Receivables balance and Principal Receivables balance as of the Addition Date, which Supplemental Conveyance shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assetseffective upon receipt by Buyer.

Addition of Additional Accounts. Prior to the Transition Date, if, (a) If from time to ------------------------------- time, the Company Buyer becomes obligated to designate Additional Accounts (as such term is defined in the Transfer and Servicing Agreement) pursuant to subsection 2.09(aSection 2.6(a) of the Transfer and Servicing AgreementAgreement (or any other provision thereof --------------- calling for compliance with the procedures set forth in such Section ------- 2.6(a)), then HRAC may, at its option, Buyer shall give the Bank RPA Seller written notice thereof on or ------- before the fifth Business Day (the "ADDITION NOTICE DATE") Notice Date prior to the Addition Date therefor, therefor and upon receipt of such notice the Bank RPA Seller shall on or before such the Addition Date, Date designate sufficient Eligible Accounts to be included as Additional Accounts so that after the inclusion thereof HRAC Buyer will be in compliance with the requirements of said subsection 2.09(aSection 2.6(a). Prior to the Transition Date, additionallyAdditionally, subject to subsections 2.09(b) and (cthe ------------- limitations, if any, on Buyer's ability to add Additional Accounts under Section 2.6(b) of the Transfer and Servicing Agreement, from time to time Eligible ------------- Accounts may be designated to be included as Additional Accounts Accounts, upon the mutual agreement of the Company, HRAC Buyer and the BankRPA Seller. In either event, the Bank RPA Seller shall have sole responsibility for selecting the Additional Accounts. On Accounts and shall on or prior to the Addition Date with respect to any designation of Additional Accounts, HRAC has purchased therefore execute and deliver a Supplemental Conveyance identifying the Bank's right, title and interest in, to and under the Receivables in such Additional Accounts (by account number and such Additional Accounts Receivables balance and Principal Receivables balance as of the Addition Date, which Supplemental Conveyance shall be deemed to be Accounts for purposes of this Agreement) and the related Purchased Assetseffective upon receipt by Buyer.