Lot Checks. The Seller shall, or shall cause the Originator to, conduct Lot Checks of the Obligors according to the Originator's customary practices or such more frequent intervals as may reasonably be requested by the Control Party (or if the Control Party is the Majority Purchasers, the Agent).
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Adesa Inc), Receivables Purchase Agreement (Adesa Inc), Receivables Purchase Agreement (Adesa Inc)
Lot Checks. The Seller shall, or shall cause the Originator to, conduct Lot Checks of the Obligors according to the Originator's ’s customary practices or such more frequent intervals as may reasonably be requested by the Control Party (or if the Control Party is the Majority Purchasers, the Agent).
Appears in 2 contracts
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (Adesa Inc)
