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Common use of Asset Representations Review Clause in Contracts

Asset Representations Review. Centurion shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 4.08(a) of the Pooling and Servicing Agreement. Following the completion of an Asset Representations Review and the delivery of the related report by the Asset Representations Reviewer, RFC III will provide a copy of such report to Centurion. Centurion shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to RFC III, the Servicer and the Trustee.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (American Express Credit Account Master Trust), Receivables Purchase Agreement

Asset Representations Review. Centurion shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 4.08(a2.17(a) of the Pooling and Servicing Transfer Agreement. Following the completion of an Asset Representations Review and the delivery receipt by TRS of the related report by the Asset Representations Reviewer, RFC III TRS will provide a copy of such report to Centurion. Centurion TRS, with the cooperation of Centurion, shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to Centurion, RFC IIIVIII, the Servicer and the Indenture Trustee.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC), Receivables Purchase Agreement

Asset Representations Review. Centurion shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 4.08(a2.17(a) of the Pooling and Servicing Transfer Agreement. Following the completion of an Asset Representations Review and the delivery receipt by TRS of the related report by the Asset Representations Reviewer, RFC III TRS will provide a copy of such report to Centurion. , and Centurion shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to RFC III, the Servicer and the TrusteeRepresentations.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Asset Representations Review. Centurion shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 4.08(a) of the Pooling and Servicing Agreement. Following the completion of an Asset Representations Review and the delivery of the related report by the Asset Representations Reviewer, RFC III will provide a copy of such report to Centurion. , and Centurion shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to RFC III, the Servicer and the TrusteeRepresentations.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Credit Account Master Trust)