Marking of Records Sample Clauses

Marking of Records. At its expense, the Seller will xxxx its master data processing records evidencing Pool Receivables and related Contracts with a legend evidencing that Receivable Interests related to such Pool Receivables and related Contracts have been sold in accordance with the Agreement.
AutoNDA by SimpleDocs
Marking of Records. At its expense, the Servicer shall (i) xxxx its master data processing records relating to Pool Receivables and related Contracts, including with a legend evidencing that the ownership interest related to the Pool Receivables and related Contracts have been sold in accordance with this Agreement and (ii) cause each Originator so to xxxx its master data processing records pursuant to the Purchase and Sale Agreement.
Marking of Records. At its expense, the Seller shall xxxx (or cause the Servicer to xxxx) its master data processing records relating to Pool Receivables and related Contracts, including with a legend evidencing that the ownership interests with regard to the Pool Receivables and related Contracts have been sold in accordance with this Agreement.
Marking of Records. The Administrator shall ensure that, from and after the time of the sale and/or contribution of the Initial Receivables and all Additional Receivables to the Depositor under the Receivables Sale Agreement and to the Issuer under the Receivables Pooling Agreement, and the Grant thereof to the Indenture Trustee pursuant to the Indenture, any records (including any computer records and back up archives) maintained by or on behalf of the Receivables Seller or the Servicer that refer to any Receivable indicate clearly the interest of the Issuer and the Security Interest of the Indenture Trustee in such Receivable and that such Receivable is owned by the Issuer and subject to the Indenture Trustee’s Security Interest. Indication of the Issuer’s ownership of a Receivable and the Security Interest of the Indenture Trustee shall be deleted from or modified on such records when, and only when, such Receivable has been paid in full, repurchased, or assigned by the Issuer and released by the Indenture Trustee from its Security Interest.
Marking of Records. At its expense, the Seller (or the Servicer on its behalf) shall xxxx its master data processing records relating to Pool Receivables and related Contracts, including with a legend evidencing that the undivided percentage ownership interests with regard to the Aggregate Participation related to such Receivables and related Contracts have been sold in accordance with the Agreement.
Marking of Records. At its expense, the Seller will xxxx its master data processing records evidencing Receivables with a legend evidencing that Transferred Receivables and the related Contracts have been sold in accordance with this Agreement.
Marking of Records. At its expense, Xxxxx will maintain records evidencing the Purchased Assets with a legend evidencing that such Purchased Assets have been sold in accordance with this Agreement.
AutoNDA by SimpleDocs
Marking of Records. At its expense, xxxx its master data processing records relating to Sold Receivables and related Contracts, including with a legend evidencing that the ownership interest related to the Sold Receivables and related Contracts have been sold in accordance with this Agreement.
Marking of Records. At its expense, the Seller shall: (i) mark (or cause the Servicer to mark) its master data processing recorxx xelating to Pool Receivables xxx related Contracts, including with a legend evidencing that the undivided percentage ownership interests with regard to the Purchased Interest related to such Receivables and related Contracts have been sold in accordance with the Agreement, and (ii) cause the Originator so to mark its master data processing records pursuant to the Purchase and Xxxx Agreement.
Marking of Records. In connection with the transfer described herein, (i) the Transferor agrees to indicate clearly and unambiguously in its computer files, books and records on or prior to the Closing Date that the Pool Receivables and other Transferred Assets have been conveyed to the Issuer pursuant to this Agreement by so marking such computer files, books and records, and (ii) the Servicer agrees to indicate clearly and unambiguously in its computer files, books and records on or prior to the Closing Date that the Pool Receivables and other Transferred Assets have been conveyed to the Issuer pursuant to this Agreement by so marking such computer files, books and records, including the master data processing records evidencing the Transferred Assets.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!