Common use of Notice of Removed Accounts Clause in Contracts

Notice of Removed Accounts. (a) Not less than five Business Days prior to the Removal Commencement Date, the Seller shall furnish to the Purchaser, the Trustee, any Enhancement Providers and the Rating Agencies a written notice specifying the date on which removal of the Receivables of one or more Accounts will begin, such date being a Removal Commencement Date. (b) On or before the fifth business day after the Removal Commencement Date, the Seller shall furnish to the Trustee a computer file, microfiche list or other written list of the Removed Accounts, specifying for each Removed Account as of the day immediately preceding the Removal Commencement Date, its number and the aggregate amount outstanding in such Removed Account and the aggregate outstanding principal balance therein and represent that such computer file, microfiche list or other list of the Removed Accounts is true and complete in all material respects. Such file or list shall be marked as Schedule 1 to this Reassignment and shall be incorporated into and made a part of this Reassignment as of the Removal Commencement Date and shall amend Schedule 1 to the Agreement.

Notice of Removed Accounts. (a) a. Not less than five Business Days prior to the Removal Commencement Date, the Seller World Omni shall furnish to the PurchaserWODFI, the Trusteeany Agent, any Enhancement Providers and the Rating Agencies a written notice specifying the date Determination Date (which may be the Determination Date on which such notice is given) on which removal of the Receivables of one or more Accounts will beginoccur, such date being a Removal Commencement Date. (b) b. On or before the fifth business day after the Removal Commencement Date, the Seller World Omni shall furnish to the Owner Trustee and the Indenture Trustee a computer file, microfiche list or other written list of the Removed AccountsAccounts that were removed on the Removal Date, specifying for each Removed Account as of the day immediately preceding date of the Removal Commencement DateNotice its number, its number and the aggregate amount outstanding in such Removed Account Accounts and the aggregate outstanding principal balance amount of Principal Receivables therein and represent that such computer file, microfiche list or other list of the Removed Accounts is true and complete in all material respects. Such file or list shall be marked as Schedule 1 to this Reassignment and shall be incorporated into and made a part of this Reassignment as of the Removal Commencement Date and shall amend Schedule 1 to the Receivables Purchase Agreement.

Notice of Removed Accounts. (a) Not less than five Business Days prior to the Removal Commencement Date, the Seller Depositor shall furnish to the Purchaser, the Trustee, any Enhancement Providers and the Rating Agencies a written notice specifying the date on which removal of the Receivables of one or more Accounts will beginoccur, such date being a Removal Commencement Date. (b) On or before the fifth business day after the Removal Commencement Date, the Seller Depositor shall furnish to the Trustee a computer file, microfiche list or other written list of the Removed AccountsAccounts that were removed on the Removal Date, specifying for each Removed Account (i) its number, (ii) as of the day immediately preceding date of the Removal Commencement DateNotice, its number and the aggregate amount outstanding in such Removed Account and (iii) as of the Removal Date, the aggregate outstanding principal balance amount of Principal Receivables therein and represent that such computer file, microfiche list or other list of the Removed Accounts is true and complete in all material respects. Such file or list shall be marked as Schedule 1 to this Reassignment and shall be incorporated into and made a part of this Reassignment as of the Removal Commencement Date and shall amend Schedule 1 to the Agreement.

Notice of Removed Accounts. (a) Not less than five (5) Business -------------------------- Days prior to the Removal Commencement Date, the Seller shall furnish to the Purchaser, the Trusteeany Agent, any Enhancement Providers and the Rating Agencies a written notice specifying the date on which removal of the Receivables of one or more Accounts will beginoccur, such date being a Removal Commencement Date. (b) On or before the fifth business day after the Removal Commencement Date, the Seller shall furnish to the Trustee a computer file, microfiche list or other written list of the Removed AccountsAccounts that were removed on the Removal Date, specifying for each Removed Account (x) its number, (y) as of the day immediately preceding date of the Removal Commencement DateNotice, its number and the aggregate amount outstanding in such Removed Account and (z) as of the Removal Date, the aggregate outstanding principal balance amount of Principal Receivables therein and represent that such computer file, microfiche list or other list of the Removed Accounts is true and complete in all material respects. Such file or list shall be marked as Schedule 1 to this Reassignment and shall be incorporated into and made a part of this Reassignment as of the Removal Commencement Date and shall amend Schedule 1 to the Receivables Purchase Agreement.