Common use of Additional Purchaser Groups Clause in Contracts

Additional Purchaser Groups. Upon the Seller's request, an additional Purchaser Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Purchaser Group, the Seller, the Servicer, the Deal Agent and each of the Managing Agents, which execution and delivery shall not be unreasonably refused by such parties. Upon the effective date of such Joinder Agreement, (i) each Person specified therein as a "New Conduit Investor" shall become a party hereto as a Conduit Investor, entitled to the rights and subject to the obligations of a Conduit Investor hereunder, (ii) each Person specified therein as a "New Alternate Investor" shall become a party hereto as an Alternate Investor, entitled to the rights and subject to the obligations of an Alternate Investor hereunder, (iii) each Person specified therein as a "New Managing Agent" shall become a party hereto as a Managing Agent, entitled to the rights and subject to the obligations of a Managing Agent hereunder and (iv) the Program Limit shall be increased by an amount which is equal to (x) the aggregate Commitments of the New Alternate Investors party to such Joinder Agreement divided by (y) 1.02. On or prior to the effective date of such Joinder Agreement, the Seller, the new Conduit Investor and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchaser Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.

Additional Purchaser Groups. Upon the Seller's requestIn connection with any assignment by a Conduit Purchaser of all or any portion of its Conduit Purchase Limit to a Conduit Assignee, an additional such Conduit Assignee may elect to establish a new Purchaser Group may be added to this Agreement at any time hereunder by the execution and delivery of a Joinder Agreement by such Conduit Assignee, the members of Committed Purchasers which are to be in its Purchaser Group and the Person which is to be the Managing Agent for such proposed additional Purchaser Group, in each case without the Seller, the Servicer, the Deal Agent and each consent of the Managing Agents, which execution and delivery shall not be unreasonably refused by such partiesany other party. Upon the effective date of such Joinder Agreement, (ia) each the Person specified therein as a "“New Conduit Investor" Managing Agent” shall become a party hereto as and a Conduit Investor, entitled party to the rights and subject to the obligations of a Conduit Investor hereunder, (ii) each Person specified therein as a "New Alternate Investor" shall become a party hereto as an Alternate Investor, entitled to the rights and subject to the obligations of an Alternate Investor hereunder, (iii) each Person specified therein as a "New Managing Agent" shall become a party hereto Purchaser Fee Letter as a Managing Agent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, (b) each Person specified therein as a “New Conduit Purchaser” shall become a party hereto as a Conduit Purchaser, entitled to the rights and subject to the obligations of a Conduit Purchaser hereunder, (c) each Person specified therein as a “New Committed Purchaser” shall become a party hereto as a Committed Purchaser, entitled to the rights and subject to the obligations of a Committed Purchaser hereunder and (ivd) the Program Limit Schedule II shall be increased by an amount which is equal deemed to (x) have been amended as appropriate to incorporate the aggregate Commitments of the New Alternate Investors party to such Joinder Agreement divided by (y) 1.02. On or prior to the effective date of information set forth in such Joinder Agreement, the Seller, the new Conduit Investor and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchaser Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.

Additional Purchaser Groups. Upon the Seller's requestIn connection with any assignment by a Conduit Purchaser of all or any portion of its Conduit Purchase Limit to a Conduit Assignee, an additional such Conduit Assignee may elect to establish a new Purchaser Group may be added to this Agreement at any time hereunder by the execution and delivery of a Joinder Agreement by such Conduit Assignee, the members of Committed Purchasers which are to be in its Purchaser Group and the Person which is to be the Managing Agent for such proposed additional Purchaser Group, in each case without the Seller, the Servicer, the Deal Agent and each consent of the Managing Agents, which execution and delivery shall not be unreasonably refused by such partiesany other party. Upon the effective date of such Joinder Agreement, (ia) each Person specified therein as a "New Conduit Investor" shall become a party hereto as a Conduit Investor, entitled to the rights and subject to the obligations of a Conduit Investor hereunder, (ii) each Person specified therein as a "New Alternate Investor" shall become a party hereto as an Alternate Investor, entitled to the rights and subject to the obligations of an Alternate Investor hereunder, (iii) each Person specified therein as a "New Managing Agent" shall become a party hereto and a party to the Purchaser Fee Letter as a Managing Agent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, (b) each Person specified therein as a "New Conduit Purchaser" shall become a party hereto as a Conduit Purchaser, entitled to the rights and subject to the obligations of a Conduit Purchaser hereunder, (c) each Person specified therein as a "New Committed Purchaser" shall become a party hereto as a Committed Purchaser, entitled to the rights and subject to the obligations of a Committed Purchaser hereunder and (ivd) the Program Limit Schedule II shall be increased by an amount which is equal deemed to (x) have been amended as appropriate to incorporate the aggregate Commitments of the New Alternate Investors party to such Joinder Agreement divided by (y) 1.02. On or prior to the effective date of information set forth in such Joinder Agreement, the Seller, the new Conduit Investor and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchaser Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.

Additional Purchaser Groups. Upon the Seller's requestIn connection with any assignment by a Conduit Purchaser of all or any portion of its Conduit Purchase Limit to a Conduit Assignee, an additional such Conduit Assignee may elect to establish a new Purchaser Group may be added to this Agreement at any time hereunder by the execution and delivery of a Joinder Agreement by such Conduit Assignee, the members of Committed Purchasers which are to be in its Purchaser Group and the Person which is to be the Managing Agent for such proposed additional Purchaser Group, in each case without the Seller, the Servicer, the Deal Agent and each consent of the Managing Agents, which execution and delivery shall not be unreasonably refused by such partiesany other party. Upon the effective date of such Joinder Agreement, (ia) each Person specified therein as a "New Conduit Investor" shall become a party hereto as a Conduit Investor, entitled to the rights and subject to the obligations of a Conduit Investor hereunder, (ii) each Person specified therein as a "New Alternate Investor" shall become a party hereto as an Alternate Investor, entitled to the rights and subject to the obligations of an Alternate Investor hereunder, (iii) each Person specified therein as a "New Managing Agent" shall become a party hereto and a party to the Purchaser Fee Letter as a Managing Agent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, (b) each Person specified therein as a "New Conduit Purchaser" shall become a party hereto as a Conduit Purchaser, entitled to the rights and subject to the obligations of a Conduit Purchaser hereunder, (c) each Person specified therein as a "New Committed Purchaser" shall become a party hereto as a Committed Purchaser, entitled to the rights and subject to the obligations of a Committed Purchaser hereunder and (ivd) the Program Limit Schedule I shall be increased by an amount which is equal deemed to (x) have been amended as appropriate to incorporate the aggregate Commitments of the New Alternate Investors party to such Joinder Agreement divided by (y) 1.02. On or prior to the effective date of information set forth in such Joinder Agreement, the Seller, the new Conduit Investor and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchaser Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.