Certain References. All references to the Principal Balance of a Receivable as of any date of determination shall refer to the close of business on such day, or as of the first day of a Collection Period shall refer to the opening of business on such day. All references to the last day of a Collection Period shall refer to the close of business on such day.
Appears in 36 contracts
Samples: Master Receivables Purchase Agreement (HSBC Automotive Trust 2005-3), Master Receivables Purchase Agreement (HSBC Auto Receivables Corp), Master Receivables Purchase Agreement (HSBC Automotive Trust 2005-1)
Certain References. All references to the Principal Balance of a Receivable as of any date of determination shall refer to the close of business on such day, or as of the first day of a Collection an Interest Period shall refer to the opening of business on such day. All references to the last day of a Collection an Interest Period shall refer to the close of business on such day.
Appears in 24 contracts
Samples: Sale and Servicing Agreement (HSBC Automotive Trust (USA) 2006-3), Sale and Servicing Agreement (HSBC Auto Receivables Corp), Sale and Servicing Agreement (HSBC Automotive Trust (USA) 2007-1)
Certain References. All references to the Principal Balance of a Receivable as of any date of determination shall refer to the close of business on such day, or as of the first day of a Collection Monthly Period shall refer to the opening of business on such day. All references to the last day of a Collection Monthly Period shall refer to the close of business on such day.
Appears in 4 contracts
Samples: Purchase Agreement (Advanta Automobile Receivables Trust 1997-2), Purchase Agreement (Advanta Automobile Receivables Trust 1997-1), Purchase Agreement (TFC Enterprises Inc)
