Common use of Obligations of the Seller With Respect to Receivables Clause in Contracts

Obligations of the Seller With Respect to Receivables. The Seller will cause WMECO to (a) at its expense, regardless of any exercise by the Agent or any Owner of its rights hereunder, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under any contracts or other agreements related to the Receivables to the same extent as if the Receivables had not been sold under the Purchase and Sale Agreement and the Percentage Interests had not been sold hereunder and (b) pay when due any taxes (other than Excluded Taxes), including without limitation, sales and excise taxes, payable in connection with the Receivables. In no event shall the Agent or any Owner have any obligation or liability with respect to any Receivables or related contracts, if applicable, nor shall any of them be obligated to perform any of the obligations of the Seller or WMECO thereunder. The Seller and the Servicer will timely and fully comply in all material respects with the Credit and Collection Policy in regard to each Receivable and any related contract. Neither the Seller nor the Servicer will make any change in the character of its business or in the Credit and Collection Policy, which change would, in either case, impair the credit quality, enforceability or collectibility of any Receivable.

Obligations of the Seller With Respect to Receivables. The Seller will cause WMECO to (a) at its expense, regardless of any exercise by the Deal Agent or any Owner the Purchaser of its their rights hereunder, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under any contracts or other agreements the Contracts related to the Purchased Receivables to the same extent as if the Receivables had not been sold under the Purchase and Sale Agreement and the Percentage Purchased Interests therein had not been sold hereunder and (b) pay when due any taxes (other than Excluded Taxes)taxes, including without limitation, sales and excise taxes, payable in connection with the Purchased Receivables. In no event shall the Deal Agent or any Owner the Purchaser have any obligation or liability with respect to any Purchased Receivables or related contracts, if applicableContracts, nor shall any of them be obligated to perform any of the obligations of the Seller or WMECO the Originator or any of their Affiliates thereunder. The Seller will and will cause the Servicer will Collection Agent to timely and fully comply in all material respects with the Credit and Collection Policy in regard to each Purchased Receivable and any the related contractContract. Neither the The Seller nor the Servicer will not make any change in the character of its business or make or agree to make any change in the Credit and Collection Policy, which change would, in either case, impair the credit quality, enforceability or collectibility of any Purchased Receivable.

Obligations of the Seller With Respect to Receivables. The Seller will cause WMECO to (a) at its expense, regardless of any exercise by the Deal Agent or any Owner the Purchaser of its their rights hereunder, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under any contracts or other agreements the Contracts related to the Purchased Receivables to the same extent as if the Receivables had not been sold under the Purchase and Sale Agreement and the Percentage Interests Purchased Interest therein had not been sold hereunder and (b) pay when due any taxes (other than Excluded Taxes)taxes, including without limitation, sales and excise taxes, payable in connection with the Purchased Receivables. In no event shall the Deal Agent or any Owner the Purchaser have any obligation or liability with respect to any Purchased Receivables or related contracts, if applicableContracts, nor shall any of them be obligated to perform any of the obligations of the Seller or WMECO the Originators or any of their Affiliates thereunder. The Seller will, and will cause the Servicer will to, timely and fully comply in all material respects with the Credit and Collection Policy in regard to each Purchased Receivable and any the related contractContract. Neither the The Seller nor the Servicer will not make any change in the character of its business or make or agree to make any change in the Credit and Collection Policy, which change would, in either case, impair the credit quality, enforceability or collectibility of any Purchased Receivable.

Obligations of the Seller With Respect to Receivables. The Seller will cause WMECO to (a) at its expense, regardless of any exercise by the Deal Agent or any Owner the Purchaser of its their rights hereunder, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under any contracts or other agreements the Contracts related to the Purchased Receivables to the same extent as if the Receivables had not been sold under the Purchase and Sale Agreement and the Percentage Purchased Interests therein had not been sold hereunder and (b) pay when due any taxes (other than Excluded Taxes)taxes, including without limitation, sales and excise taxes, payable in connection with the Purchased Receivables. In no event shall the Deal Agent or any Owner the Purchaser have any obligation or liability with respect to any Purchased Receivables or related contracts, if applicableContracts, nor shall any of them be obligated to perform any of the obligations of the Seller or WMECO the Originators or any of their Affiliates thereunder. The Seller will, and will cause the Servicer will to, timely and fully comply in all material respects with the Credit and Collection Policy in regard to each Purchased Receivable and any the related contractContract. Neither the The Seller nor the Servicer will not make any change in the character of its business or make or agree to make any change in the Credit and Collection Policy, which change would, in either case, impair the credit quality, enforceability or collectibility of any Purchased Receivable.