Common use of Binding Effect; Ratification Clause in Contracts

Binding Effect; Ratification. (a) On and after the execution and delivery hereof, (i) this Amendment shall be a part of the Receivables Sale Agreement and (ii) each reference in the Receivables Sale Agreement to “this Agreement”, “hereof”, “hereunder” or words of like import, and each reference in any other Related Document to the Receivables Sale Agreement, shall mean and be a reference to such Receivables Sale Agreement as amended hereby. (b) Except as expressly amended hereby, the Receivables Sale Agreement shall remain in full force and effect and is hereby ratified and confirmed by the parties hereto.

Appears in 13 contracts

Samples: Receivables Sale Agreement, Receivables Sale Agreement, Receivables Sale Agreement (Synchrony Credit Card Master Note Trust)

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Binding Effect; Ratification. (a) On and after the execution and delivery hereof, (i) this This Amendment shall become effective, as of the date first set forth above, when counterparts hereof shall have been executed and delivered by the parties hereto, and thereafter shall be a part of binding on the parties hereto and their respective successors and assigns. (b) The Receivables Sale Agreement, as amended hereby, remains in full force and effect. Any reference to the Receivables Sale Agreement from and (ii) each reference in after the Receivables Sale Agreement date hereof shall be deemed to “this Agreement”, “hereof”, “hereunder” or words of like import, and each reference in any other Related Document refer to the Receivables Sale Agreement, shall mean and be a reference to such Receivables Sale Agreement as amended hereby, unless otherwise expressly stated. (bc) Except as expressly amended hereby, the Receivables Sale Agreement shall remain in full force and effect and is hereby ratified and confirmed by the parties hereto.

Appears in 6 contracts

Samples: Receivables Sale Agreement (CDF Funding, Inc.), Receivables Sale Agreement (CDF Funding, Inc.), Receivables Sale Agreement (CDF Funding, Inc.)

Binding Effect; Ratification. (a) On and after the execution and delivery hereof, (i) this Amendment Designation shall be a part of the Receivables Sale Agreement and (ii) each reference in the Receivables Sale Agreement to “this Agreement”, “hereof”, “hereunder” or words of like import, and each reference in any other Related Document to the Receivables Sale Agreement, shall mean and be a reference to such Receivables Sale Agreement as amended hereby. (b) Except as expressly amended hereby, the Receivables Sale Agreement shall remain in full force and effect and is hereby ratified and confirmed by the parties hereto.

Appears in 3 contracts

Samples: Receivables Sale Agreement (RFS Holding LLC), Receivables Sale Agreement (GE Capital Credit Card Master Note Trust), Receivables Sale Agreement (GE Capital Credit Card Master Note Trust)

Binding Effect; Ratification. (a) On and after the execution and delivery hereof, (i) this Amendment shall be a part of the Receivables Participation Interest Sale Agreement and (ii) each reference in the Receivables Participation Interest Sale Agreement to “this Agreement”, “hereof”, “hereunder” or words of like import, and each reference in any other Related Document to the Receivables Participation Interest Sale Agreement, shall mean and be a reference to such Receivables Participation Interest Sale Agreement as amended hereby. (b) Except as expressly amended hereby, the Receivables Participation Interest Sale Agreement shall remain in full force and effect and is hereby ratified and confirmed by the parties hereto.

Appears in 2 contracts

Samples: Participation Interest Sale Agreement (Synchrony Financial), Participation Interest Sale Agreement (Synchrony Financial)

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Binding Effect; Ratification. (a) On This Amendment shall become effective, as of the date first set forth above, when counterparts hereof shall have been executed and delivered by the parties hereto, and thereafter shall be binding on the parties hereto and their respective successors and assigns. (b) Any reference to the Sale Agreement from and after the execution and delivery hereof, (i) this Amendment date hereof shall be a part of the Receivables Sale Agreement and (ii) each reference in the Receivables Sale Agreement deemed to “this Agreement”, “hereof”, “hereunder” or words of like import, and each reference in any other Related Document refer to the Receivables Sale Agreement, shall mean and be a reference to such Receivables Sale Agreement as amended hereby, unless otherwise expressly stated. (bc) Except as expressly amended hereby, the Receivables Sale Agreement shall remain in full force and effect and is hereby ratified and confirmed by the parties hereto.

Appears in 2 contracts

Samples: Receivables Contribution and Sale Agreement (CDF Funding, Inc.), Receivables Contribution and Sale Agreement (Distribution Financial Services Floorplan Master Trust)

Binding Effect; Ratification. (a) This Amendment shall become effective as of the date first set forth above when counterparts hereof shall have been executed and delivered by the parties hereto and thereafter shall be binding on the parties hereto and their respective successors and assigns. (b) On and after the execution and delivery hereof, (i) this Amendment shall be a part of the Receivables Sale Agreement and Servicing Agreement, and (ii) each reference in the Receivables Sale Agreement to “this Agreement”, “hereof”, “hereunder” or words of like import, and each reference in any other Related Transaction Document to the Receivables Sale Agreement, and Servicing Agreement shall mean and be a reference to such Receivables the Sale and Servicing Agreement as amended hereby. (bc) Except as expressly amended hereby, all provisions of the Receivables Sale and Servicing Agreement shall remain in full force and effect and is are hereby ratified and confirmed by the parties hereto.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-1)

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