Common use of Eligibility of Receivables Clause in Contracts

Eligibility of Receivables. Each Receivable purchased by it that is treated as an Eligible Receivable for purposes of any Servicer Report is in fact an Eligible Receivable as of the date of such Servicer Report, and each Receivable which is included in the calculation of any Net Receivables Balance as of the date of any Servicer Report is in fact an Eligible Receivable and not a Defaulted Receivable or a Delinquent Receivable at such time. The Purchaser has no knowledge of any fact (including any defaults by the Obligor thereunder or under any other Receivable) that would cause it or should have caused it to expect any payments on such Receivable not to be paid in full when due or that is reasonably likely to cause or result in any other Material Adverse Effect with respect to such Receivable.

Eligibility of Receivables. Each Receivable purchased by it the Purchaser that is treated as an Eligible Receivable for purposes of any Servicer Report is in fact an Eligible Receivable as of the date of such Servicer Report, and each Receivable which is included in the calculation of any Net Receivables Balance as of the date of any Servicer Report is in fact an Eligible Receivable and not a Defaulted Receivable or a Delinquent Receivable at such time. The Purchaser Parent has no knowledge of any fact (including any defaults by the Obligor thereunder or under any other Receivable) that would cause it or should have caused it to expect any payments on such Receivable not to be paid in full when due or that is reasonably likely to cause or result in any other Material Adverse Effect with respect to such Receivable.

Eligibility of Receivables. Each Purchased Receivable purchased by it that is treated as an Eligible Receivable for purposes of any Master Servicer Report is in fact an Eligible Receivable as of the Purchase Date relating to such Purchased Receivable and the date of such Master Servicer Report, and each Purchased Receivable which is included in the calculation of any Net Receivables Balance as of the date of any Master Servicer Report is in fact an Eligible Receivable and not a Defaulted Receivable or a Delinquent Receivable at such time. The Purchaser Company has no knowledge of any fact (including any defaults by the Obligor thereunder or under any other Purchased Receivable) that would cause it or should have caused it to expect any payments on such Purchased Receivable not to be paid in full when due or that is reasonably likely to cause or result in any other Material Adverse Effect with respect to such Purchased Receivable.

Eligibility of Receivables. Each Purchased Receivable purchased represented by it that is treated as to be an Eligible Receivable for purposes of in any Master Servicer Report is in fact an Eligible Receivable as of the Purchase Date relating to such Purchased Receivable and the date of such Servicer Reportreport, and each Purchased Receivable which is included in the calculation of any Net Receivables Balance as of the date of any Servicer Report time is in fact an Eligible Receivable and not a Defaulted Receivable or a Delinquent Receivable at such time. The Purchaser It has no knowledge of any fact (including any defaults by the Obligor thereunder or under on any other Purchased Receivable) that would cause it or should have caused it to expect any payments on such Purchased Receivable not to be paid in full when due or that is reasonably likely to cause or result in any other Material Adverse Effect with respect to such Purchased Receivable.

Eligibility of Receivables. Each Receivable purchased represented by it that is treated as to be an Eligible Receivable for purposes of in any Servicer Report or Receivables Balance Report is in fact an Eligible Receivable as of the date of such Servicer Reportreport, and each Receivable which is included in the calculation of any Currency Net Receivables Balance as of the date of any Servicer Report time is in fact an Eligible Receivable and not a Defaulted Receivable or a Delinquent Receivable at such time. The Purchaser It has no knowledge of any fact (including any defaults by the Obligor thereunder or under on any other Receivable) that would cause it or should have caused it to expect any payments on such Receivable not to be paid in full when due or that is reasonably likely to cause or result in any other Material Adverse Effect with respect to such Receivable.