Common use of Funding Dates Clause in Contracts

Funding Dates. The transfer of the Subsequent Receivables on a Funding Date shall take place at the offices of the Indenture Trustee or such other location as the Seller and the Owner Trustee may reasonably agree. The transfer of the Subsequent Receivables shall be made in accordance with Section 2.16 of the Indenture pursuant to which (a) the Transferor will absolutely assign all of its right, title and interest in and to the Subsequent Receivables and other Trust Property to the Seller, (b) the Seller will transfer all of its right, title and interest in and to the Subsequent Receivables and other Trust Property to the Owner Trustee, and (c) the Owner Trustee will Grant all of its right, title and interest in and to the Subsequent Receivables and other Trust Property to the Indenture Trustee for the benefit of the Noteholders, the Swap Counterparty (unless the Interest Rate Swap Agreement has been terminated and all amounts owed to the Swap Counterparty have been paid in full) and the Note Insurer.

Funding Dates. The transfer absolute assignment and purchase of the Subsequent Receivables on a each Funding Date shall take place at the offices of the Indenture Trustee or such other location as the Seller Purchaser and the Owner Trustee Transferor may reasonably agree. The transfer assignment and purchase of the Subsequent Receivables shall be made in accordance with Section 2.16 of the Indenture pursuant to which (a) the Transferor will absolutely transfer and assign all of its right, title and interest in and to the Subsequent Receivables and other Trust Property to the SellerPurchaser, (b) the Seller Purchaser will transfer contribute and assign all of its right, title and interest in and to the Subsequent Receivables and other Trust Property to the Owner Trustee, and (c) the Owner Trustee will Grant grant all of its right, title and interest in and to the Subsequent Receivables and other Trust Property to the Indenture Trustee for the benefit of the Noteholders, the Swap Counterparty (unless the Interest Rate Swap Agreement has been terminated and all amounts owed to the Swap Counterparty have been paid in full) and the Note Insurer.

Funding Dates. The transfer of the Subsequent Receivables on a Funding Date shall take place at the offices of the Indenture Trustee or such other location as the Seller and the Owner Trustee Trust may reasonably agree. The transfer of the Subsequent Receivables shall be made in accordance with Section 2.16 of the Indenture pursuant to which (a) the Transferor will absolutely assign all of its right, title and interest in and to the Subsequent Receivables and other Trust Contributed Property to the Seller, (b) the Seller will transfer all of its right, title and interest in and to the Subsequent Receivables and other Trust Contributed Property to the Owner TrusteeTrust, and (c) the Owner Trustee Trust will Grant all of its right, title and interest in and to the Subsequent Receivables and other Trust Contributed Property to the Indenture Trustee for the benefit of the Noteholders, the Swap Counterparty (unless the Interest Rate Swap Agreement has been terminated and all amounts owed to the Swap Counterparty have been paid in full) and the Note Insurer.

Funding Dates. The transfer absolute assignment and purchase of the Subsequent Receivables on a each Funding Date shall take place at the offices of the Indenture Trustee or such other location as the Seller Purchaser and the Owner Trustee Transferor may reasonably agree. The transfer assignment and purchase of the Subsequent Receivables shall be made in accordance with Section 2.16 of the Indenture pursuant to which (a) the Transferor will absolutely transfer and assign all of its right, title and interest in and to the Subsequent Receivables and other Trust Transferred Property to the SellerPurchaser, (b) the Seller Purchaser will transfer contribute and assign all of its right, title and interest in and to the Subsequent Receivables and other Trust Transferred Property to the Owner TrusteeIssuer, and (c) the Owner Trustee Issuer will Grant grant all of its right, title and interest in and to the Subsequent Receivables and other Trust Transferred Property to the Indenture Trustee for the benefit of the Noteholders, the Swap Counterparty (unless the Interest Rate Swap Agreement has been terminated and all amounts owed to the Swap Counterparty have been paid in full) and the Note Insurer.