Common use of Ineligible Receivables Clause in Contracts

Ineligible Receivables. If from time to time Ineligible Receivables are assigned to the Receivables Trustee as a result of a breach of representation by the Transferor or any Additional Transferor pursuant to Clause 17.2 or 17.3 of the RSA, payments to the Transferor or such Additional Transferor in respect thereof were incorrectly funded by the Beneficiaries on the basis that such Receivables were Principal Receivables which are Eligible Receivables. Notwithstanding the remedies available to the Receivables Trustee pursuant to the RSA, in such circumstances the Receivables Trustee shall ensure that such error is corrected by:

Ineligible Receivables. If from time to time Ineligible Receivables are assigned to the Receivables Trustee as a result of a breach of representation by the Transferor or any Additional Transferor pursuant to Clause 17.2 16.2 or 17.3 16.3 of the RSA, Receivables Securitisation Deed and payments to the Transferor or such Additional Transferor in respect thereof were incorrectly funded by the Beneficiaries on the basis that such Receivables were Principal Receivables which are Eligible Receivables. Notwithstanding , notwithstanding the remedies available to the Receivables Trustee pursuant to the RSAReceivables Securitisation Deed, in such circumstances the Receivables Trustee shall ensure that such error is corrected by:

Ineligible Receivables. If from time to time Ineligible Receivables are assigned to or held on trust for the Receivables Trustee as a result of a breach of representation by the Transferor Transferors or any Additional Transferor pursuant to Clause 17.2 or 17.3 of the RSA, and payments to the Transferor Transferors or such Additional Transferor in respect thereof were incorrectly funded by the Beneficiaries on the basis that such Receivables were Principal Receivables which are Eligible Receivables. Notwithstanding , notwithstanding the remedies available to the Receivables Trustee pursuant to the RSA, in such circumstances the Receivables Trustee shall ensure that such error is corrected by:

Ineligible Receivables. If from time to time Ineligible Receivables are assigned to or held on trust for the Receivables Trustee as a result of a breach of representation by the Transferor or any Additional Transferor pursuant to Clause 17.2 clause 16.2 or 17.3 16.3 (Representations) of the RSARSD, and payments to the Transferor or such Additional Transferor in respect thereof were incorrectly funded by the Beneficiaries on the basis that such Receivables were Principal Receivables which are Eligible Receivables. Notwithstanding , notwithstanding the remedies available to the Receivables Trustee pursuant to the RSARSD, in such circumstances the Receivables Trustee shall ensure that such error is corrected by:

Ineligible Receivables. If from time to time Ineligible Receivables are assigned to the Receivables Trustee as a result of a breach of a representation made by the Transferor or any Additional Transferor pursuant to Clause 17.2 clauses 18.2 or 17.3 18.3 (Representations) of the RSAReceivables Securitisation Deed, and payments to the Transferor or such Additional Transferor in respect thereof were incorrectly funded by the Beneficiaries on the basis that such Receivables were Principal Receivables which are were Eligible Receivables. Notwithstanding , notwithstanding the remedies available to the Receivables Trustee pursuant to the RSAReceivables Securitisation Deed, in such circumstances the Receivables Trustee shall ensure that such error is corrected by: