Additional Accounts. From time to time, Seller may (and, if requested by Buyer, shall) designate additional Eligible Accounts (“Additional Accounts”) to be included as Accounts. No Additional Accounts shall at the time of designation be part of Seller’s program for Xxxxxxxxxx Xxxx or part of Seller’s program for Home Depot, U.S.A., Inc. existing on the Closing Date. In addition, any Additional Accounts that are not created pursuant to any Retailer’s Credit Card Program Agreement may only be designated with Buyer’s consent. Seller’s failure to designate Additional Accounts on Buyer’s request will not be deemed a breach of this Agreement if Seller does not have Eligible Accounts reasonably available for this purpose.
Appears in 3 contracts
Samples: Receivables Sale Agreement, Receivables Sale Agreement, Receivables Sale Agreement (GE Capital Credit Card Master Note Trust)
Additional Accounts. From time to time, Seller may (and, if requested by BuyerXxxxx, shall) designate additional Eligible Accounts (“Additional Accounts”) to be included as Accounts. No Additional Accounts shall at the time of designation be part of Seller’s program for Xxxxxxxxxx Xxxx or part of Seller’s program for Home Depot, U.S.A., Inc. existing on the Closing Date. In addition, any Additional Accounts that are not created pursuant to any Retailer’s Credit Card Program Agreement may only be designated with Buyer’s consent. Seller’s failure to designate Additional Accounts on Buyer’s request will not be deemed a breach of this Agreement if Seller does not have Eligible Accounts reasonably available for this purpose.
Appears in 1 contract
Samples: Receivables Sale Agreement