Common use of Buyer Covenants Regarding Nondisclosure; Inspection Clause in Contracts

Buyer Covenants Regarding Nondisclosure; Inspection. Buyer --------------------------------------------------- hereby covenants and agrees with the RPA Sellers (and agrees to cause the Owner Trustee) not to disclose to any Person any of the account numbers or other information contained in the computer files or microfiche lists delivered to Buyer (or to Owner Trustee if buyer so directs) pursuant to Sections 2.1 and ------------ 2.2, and Section 4.2(b), 7.1(c) and 7.2(c), except (i) as is required in --- -------------- ------ ------ connection with the performance of the Owner Trustee's duties under the Transfer and Servicing Agreement or in enforcing the rights of the Noteholders and (ii) such disclosures as are required upon appointment of a successor Servicer under the Transfer and Servicing Agreement. Buyer agrees (and shall cause the Owner Trustee) to take such measures as shall be reasonably requested by either RPA Seller to protect and maintain the security and confidentiality of such information, and in connection therewith, shall allow the RPA Sellers to inspect the applicable security and confidentiality arrangements from time to time in normal business hours. Buyer shall (and shall cause the Owner Trustee to) give the RPA Sellers five days prior written notice of any disclosure pursuant to this Section 5.2. -----------

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Spiegel Master Trust), Receivables Purchase Agreement (Spiegel Inc)

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Buyer Covenants Regarding Nondisclosure; Inspection. Buyer --------------------------------------------------- hereby covenants and agrees with the RPA Sellers (and agrees to cause the Owner Trustee) not to disclose to any Person any of the account numbers or other information contained in the computer files or microfiche lists delivered to Buyer (or to Owner Trustee if buyer so directs) pursuant to Sections 2.1 and ------------ 2.2, and ------------ --- Section 4.2(b), 7.1(c) and 7.2(c), except (i) as is required in --- connection with -------------- ------ ------ connection with the performance of the Owner Trustee's duties under the Transfer and Servicing Agreement or in enforcing the rights of the Noteholders and (ii) such disclosures as are required upon appointment of a successor Servicer under the Transfer and Servicing Agreement. Buyer agrees (and shall cause the Owner Trustee) to take such measures as shall be reasonably requested by either RPA Seller to protect and maintain the security and confidentiality of such information, and in connection therewith, shall allow the RPA Sellers to inspect the applicable security and confidentiality arrangements from time to time in normal business hours. Buyer shall (and shall cause the Owner Trustee to) give the RPA Sellers five days prior written notice of any disclosure pursuant to this Section 5.2. -----------

Appears in 1 contract

Samples: Receivables Purchase Agreement (Spiegel Master Trust)

Buyer Covenants Regarding Nondisclosure; Inspection. Buyer --------------------------------------------------- hereby covenants and agrees with the RPA Sellers Seller (and agrees to cause the Owner Receivables Trustee) not to disclose to any Person any of the account numbers or other information contained in the computer files or microfiche lists delivered to Buyer (or to Owner Receivables Trustee if buyer so directs) pursuant to Sections 2.1 and ------------ 2.2, and Section 4.2(b), 7.1(c) and 7.2(c), ------------ --- -------------- ------ ------ except (i) as is required in --- -------------- ------ ------ connection with the performance of the Owner Receivables Trustee's duties under the Transfer and Servicing Agreement or in enforcing the rights of the Noteholders Securityholders and (ii) such disclosures as are required upon appointment of a successor Servicer under the Transfer and Servicing Agreement. Buyer agrees (and shall cause the Owner Receivables Trustee) to take such measures as shall be reasonably requested by either RPA Seller to protect and maintain the security and confidentiality of such information, and in connection therewith, shall allow the RPA Sellers Seller to inspect the applicable security and confidentiality arrangements from time to time in normal business hours. Buyer shall (and shall cause the Owner Receivables Trustee to) give the RPA Sellers Seller five days prior written notice of any disclosure pursuant to this Section 5.2. -----------

Appears in 1 contract

Samples: Receivables Purchase Agreement (Spiegel Inc)

Buyer Covenants Regarding Nondisclosure; Inspection. Buyer --------------------------------------------------- hereby covenants and agrees with the RPA Sellers (and agrees to cause the Owner Trustee) not to disclose to any Person any of the account numbers or other information contained in the computer files or microfiche lists delivered to Buyer (or to Owner Trustee if buyer so directs) pursuant to Sections 2.1 and ------------ 2.2, and Section ------------ --- ------- 4.2(b), 7.1(c) and 7.2(c), except (i) as is required in --- -------------- ------ ------ connection with the ------ ------ ------ performance of the Owner Trustee's duties under the Transfer and Servicing Agreement or in enforcing the rights of the Noteholders and (ii) such disclosures as are required upon appointment of a successor Servicer under the Transfer and Servicing Agreement. Buyer agrees (and shall cause the Owner Trustee) to take such measures as shall be reasonably requested by either RPA Seller to protect and maintain the security and confidentiality of such information, and in connection therewith, shall allow the RPA Sellers to inspect the applicable security and confidentiality arrangements from time to time in normal business hours. Buyer shall (and shall cause the Owner Trustee to) give the RPA Sellers five days prior written notice of any disclosure pursuant to this Section 5.2. -----------

Appears in 1 contract

Samples: Receivables Purchase Agreement (Spiegel Master Trust)

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Buyer Covenants Regarding Nondisclosure; Inspection. Buyer --------------------------------------------------- hereby covenants and agrees with the RPA Sellers Seller (and agrees to cause the Owner Receivables Trustee) not to disclose to any Person any of the account numbers or other information contained in the computer files or microfiche lists delivered to Buyer (or to Owner Receivables Trustee if buyer so directs) pursuant to Sections -------- 2.1 and ------------ 2.2, and Section 4.2(b), 7.1(c) and 7.2(c), except (i) as is required in --- --- -------------- ------ ------ connection with the performance of the Owner Receivables Trustee's duties under the Transfer and Servicing Agreement or in enforcing the rights of the Noteholders Securityholders and (ii) such disclosures as are required upon appointment of a successor Servicer under the Transfer and Servicing Agreement. Buyer agrees (and shall cause the Owner Receivables Trustee) to take such measures as shall be reasonably requested by either RPA Seller to protect and maintain the security and confidentiality of such information, and in connection therewith, shall allow the RPA Sellers Seller to inspect the applicable security and confidentiality arrangements from time to time in normal business hours. Buyer shall (and shall cause the Owner Receivables Trustee to) give the RPA Sellers Seller five days prior written notice of any disclosure pursuant to this Section 5.2. -----------

Appears in 1 contract

Samples: Receivables Purchase Agreement (First Consumers Master Trust)

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