Concentration of Risk. In order to avoid a concentration of the risks associated with participating its extensions of credit to Dealers, each Seller may create Participation Interests in its receivables to be sold or contributed to the Buyer in the same manner and using the same standards as such Seller does in creating participation interests in receivables to be retained by such Seller.
Appears in 3 contracts
Samples: Receivables Contribution and Sale Agreement (Distribution Financial Services Floorplan Master Trust), Receivables Contribution and Sale Agreement (Deutsche Floorplan Receivables L P), Receivables Contribution and Sale Agreement (CDF Funding, Inc.)
Concentration of Risk. In order to avoid a concentration of the risks associated with participating its extensions of credit to Dealers, each the Seller may create Participation Interests in its receivables to be sold or contributed to the Buyer in the same manner and using the same standards as such the Seller does in creating participation interests in receivables to be retained by such the Seller.
Appears in 2 contracts
Samples: Receivables Contribution and Sale Agreement (Distribution Financial Services Floorplan Master Trust), Receivables Contribution and Sale Agreement (CDF Funding, Inc.)
Concentration of Risk. In order to avoid a concentration of the --------------------- risks associated with participating its extensions of credit to Dealers, each Seller may create Participation Interests in its receivables to be sold or contributed to the Buyer in the same manner and using the same standards as such Seller does in creating participation interests in receivables to be retained by such Seller.
Appears in 1 contract
Samples: Receivables Contribution and Sale Agreement (Deutsche Floorplan Receivables L P)
