Common use of Nature of Pool Receivables Clause in Contracts

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions made under the Receivables Financing Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Investments made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions made under the Receivables Financing Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: : (i) were originated by such the applicable Originator in the ordinary course of its business, (ii) were sold to Buyer Seller for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandisegoods, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company ActAct of 1940. The purchase of Pool Receivables with the proceeds of Credit Extensions made under the Receivables Financing Agreement commercial paper notes would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities ActAct of 1933, as amended.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) if sold or purported to be sold, were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Investments made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such the Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Loans made under the Receivables Financing Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated Receivables sold or contributed by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables sold or contributed by such Originator with the proceeds of Credit Extensions Investments made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company ActAct of 1940. The purchase of Pool Receivables with the proceeds of Credit Extensions made under the Receivables Financing Agreement commercial paper notes would constitute a “"current transaction” " for purposes of Section 3(a)(3) of the Securities ActAct of 1933, as amended.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Loans made under the Receivables Financing Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold or transferred to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Investments made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold or contributed to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Investments made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such the Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Investments made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool ReceivablesReceivables sold or contributed by such Originator: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Investments made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such the Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company Act. The purchase of Pool Receivables with the proceeds of Credit Extensions Investments and/or Loans made under the Receivables Financing Purchase Agreement would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities Act.

Nature of Pool Receivables. All Pool Receivables: (i) were originated by such Originator in the ordinary course of its business, (ii) were sold to Buyer for fair consideration and reasonably equivalent value and (iii) represent all, or a portion of the purchase price of merchandise, insurance or services within the meaning of Section 3(c)(5)(A) of the Investment Company ActAct of 1940. The purchase of Pool Receivables with the proceeds of Credit Extensions made under the Receivables Financing Agreement commercial paper notes would constitute a “current transaction” for purposes of Section 3(a)(3) of the Securities ActAct of 1933, as amended.