Common use of Certain Charges Clause in Contracts

Certain Charges. The Contributor and the Company hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of a Contributed Receivable shall be the property of the Company notwithstanding the occurrence of an Early Originator Termination or Early Program Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of such Contributed Receivable.

Certain Charges. The Contributor and the Company hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of a Contributed Receivable Receivables shall be the property of the Company notwithstanding the occurrence of an Early Originator a Termination or Early Program Termination Event and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of such Contributed Receivablethe Receivables transferred, conveyed, assigned and contributed to the Company pursuant to Section 2.1(a).

Certain Charges. The Contributor and the Company hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of a Contributed Receivable shall be the property of the Company notwithstanding the occurrence of an Early Originator Termination or Early Program Termination and all Collections collections with respect thereto shall continue to be allocated and treated as Collections collections in respect of such Contributed Receivable.