OFFER OF RECEIVABLES Sample Clauses

OFFER OF RECEIVABLES. 2.1 The Transferor, or any Additional Transferor in respect of the first Offer made by such Additional Transferor following its execution of an Accession Notice, may (subject to receipt by the Receivables Trustee of the documents referred to in the Closing Documents List in form and substance satisfactory to the Receivables Trustee), by delivering to the Receivables Trustee an Offer substantially in the form set out in the Third Schedule:
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OFFER OF RECEIVABLES. (a) Each Originator may make an Offer for the sale of Receivables (other than Excluded Receivables) to the Purchaser on any Business Day falling on or after the date on which the Purchaser has confirmed that it has received in form and substance satisfactory to it each of the documents specified in the Closing Documents List by delivering to the Master Servicer as agent authorised by the Purchaser to receive such an Offer on its behalf, by letter, fax or electronic mail an Offer Letter substantially in the form set out in the First Schedule to this Agreement.
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OFFER OF RECEIVABLES. 2.1 The Offeror may nominate any Account to become a Designated Account by identifying it as a nominated Account in its records. On the Initial Offer Date the Offeror may, by delivering to the Receivables Trustee in accordance with Clause 2.3 an Offer substantially in the form set out in Schedule 1 (Form of Offer and Acceptance) (such Offer the Initial Offer), thereby offer to the Receivables Trustee an assignment of or, in the case of Scottish Receivables, to hold on trust (pursuant to a declaration of trust, substantially in the form of the Scottish Declaration of Trust set out in Schedule 9 (Form of Scottish Declaration of Trust)):
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OFFER OF RECEIVABLES. 2.1 The Offeror may nominate any Account to become a Designated Account by identifying it as a nominated Account in its records. The Offeror may at any time after the date hereof (subject to receipt by the Receivables Trustee of the documents referred to in the Closing Documents List in form and substance satisfactory to the Receivables Trustee), by delivering to the Receivables Trustee in accordance with Clause 2.3 an Offer substantially in the form set out in Schedule 3, thereby offer to the Receivables Trustee in respect of the initial Proposed Acceptance Date specified in such Offer an assignment of:
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OFFER OF RECEIVABLES. 3 3. Acceptance of Offer and Payment for Existing Receivables.................................................. 8 4.
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OFFER OF RECEIVABLES. 2.1 Each Offeror, or any Additional Offeror in respect of the first Offer made by such Additional Offeror following its execution and delivery to the Receivables Trustee of an Accession Notice, may (subject to receipt by the Receivables Trustee of the documents referred to in the Closing Documents List in form and substance satisfactory to the Receivables Trustee), by delivering to the Receivables Trustee: (1) an Offer substantially in the form set out in Schedule 1A or 1B (as applicable), and (2) in the case of an Offer relating to Existing Accounts, to the extent permitted by applicable law a computer file, microfiche list or read-only cd-rom containing a true and complete list of all Designated Accounts which are the subject of the Offer, each identified by a specific number identifying such Designated Account, offer to the Receivables Trustee in respect of the Initial Offer Date an assignment of or, in the case of Scottish Receivables, to hold on trust (pursuant to a declaration of trust, substantially in the form of the Scottish Declaration of Trust set out in Schedule 3):
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OFFER OF RECEIVABLES. (a) An Originator may make an Offer for the sale of Receivables (other than Excluded Receivables) to the Purchaser on any Business Day falling on or after the date on which the Purchaser has confirmed (such confirmation having been provided in respect of Tioxide Europe and Petrochemicals UK prior to the date of this Amended and Restated Agreement) that it has received in form and substance satisfactory to it each of the documents specified in the Closing Documents List which are applicable to such Originator by delivering to the Master Servicer as agent authorised by the Purchaser to receive such an Offer on its behalf, by letter, fax or electronic mail an Offer Letter substantially in the form set out in the First Schedule to this Agreement.
Sample 1
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OFFER OF RECEIVABLES. 2 3. Acceptance of Offer and Payment for Existing Receivables........................................5 4. Assignment of Receivables and Scottish Declaration of Trust.....................................7 5. Payment of Cash Price, Payment for Future Receivables and Deferred Consideration................8 6. Perfection and Directions as to Payment.........................................................9 7. Redesignation and Removal of Accounts..........................................................12 8. Discount Percentage, Special Fees, Annual Fees and Acquired Interchange........................15 9. Trust..........................................................................................17 10. Reductions in Receivables, Early Collections, Credit Adjustments and Reassignment or Release of Defaulted Receivables...............................................................17 11.
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OFFER OF RECEIVABLES. Seller agrees that prior to commencing any legal proceedings for the collection of any Receivable, Seller shall notify Buyer in writing of its intent to do so and shall enter into good faith negotiations to sell such Receivable to Buyer. In the event that Buyer and Seller have not agreed to the terms of sale of such Receivable within ten (10) Business Days following Buyer's receipt of such notice, Seller may commence such legal proceedings. Upon Seller's request, Buyer shall provide to Seller reasonable assistance (including access to applicable records transferred to Buyer) in connection with the collection of such Receivables. Exhibit 2.4 (continued)
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Related to OFFER OF RECEIVABLES

  • Transfer of Receivables Pursuant to the Sale and Servicing Agreement, the Purchaser will assign all of its right, title and interest in, to and under the Receivables and other assets described in Section 2.1

  • Sale of Receivables Each of the Seller and the Depositor is, as of the time of the transfer to the Purchaser of each Receivable being sold to the Purchaser by it hereunder on the Closing Date, the sole owner of such Receivable free from any Lien other than those released at or prior to such transfer. There is no effective financing statement (or similar statement or instrument of registration under the law of any jurisdiction) now on file or registered in any public office filed by or against any Originator, the Seller or any Subsidiary of any Originator or the Seller or purporting to be filed on behalf of any Originator, the Seller or any Subsidiary of any Originator or the Seller covering any interest of any kind in any Contracts and related Receivables and any Originator and the Seller will not execute nor will there be on file in any public office any effective financing statement (or similar statement or instrument of registration under the laws of any jurisdiction) or statements relating to such Contracts and related Receivables, except (i) in each case any financing statements filed in respect of and covering the purchase of the Contracts and related Receivables by the Purchaser or filed in connection with the Transaction Documents and (ii) financing statements for which a release of Lien has been obtained or that has been assigned to the Purchaser or the Trustee. All filings and recordings (including pursuant to the UCC) required to perfect the title of the Purchaser in each Contract or related Receivable sold hereunder have been accomplished and are in full force and effect, or will be accomplished and in full force and effect prior to the time required in clause (iii) of Section 3.1, and the Seller shall at its expense perform all acts and execute all documents necessary or reasonably requested by the Purchaser, the Receivables Trust, the Issuer or the Trustee at any time and from time to time to evidence, perfect, maintain and enforce the title or the security interest of the Purchaser or the Receivables Trust in the Contracts and related Receivables and the priority thereof.

  • Purchase of Receivables (a) Effective on the date hereof, in consideration for the Purchase Price and upon the terms and subject to the conditions set forth herein, Originator does hereby sell, assign, transfer, set-over and otherwise convey to Buyer, without recourse (except to the extent expressly provided herein), and Buyer does hereby purchase from Originator, all of Originator's right, title and interest in and to all Receivables existing as of the close of business on the Business Day immediately prior to the date hereof and all Receivables thereafter arising through and including the Termination Date, together, in each case, with all Related Security relating thereto and all Collections thereof. In accordance with the preceding sentence, on the date hereof Buyer shall acquire all of Originator's right, title and interest in and to all Receivables existing as of the close of business on the Business Day immediately prior to the date hereof and thereafter arising through and including the Termination Date, together with all Related Security relating thereto and all Collections thereof. Buyer shall be obligated to pay the Purchase Price for the Receivables purchased hereunder in accordance with Section 1.2. In connection with consummation of the Purchase Price for any Receivables purchased hereunder, Buyer may request that Originator deliver, and Originator shall deliver, such approvals, opinions, information, reports or documents as Buyer may reasonably request.

  • Repurchase of Receivables In the event of a breach of any representation or warranty set forth on Exhibit A which materially and adversely affects the interests of the Issuer or the Securityholders and unless the breach shall have been cured by the last day of the second Collection Period following the Collection Period in which the discovery of the breach is made or notice is received, as the case may be (or, at the option of the RPA Seller, the last day in the first Collection Period following the Collection Period in which such discovery is made), the RPA Seller shall repurchase such Receivable. In consideration of the purchase of any such Receivable, on the related Payment Date, the RPA Seller shall remit an amount equal to the Warranty Purchase Payment in respect of such Receivable to the Purchaser and shall be entitled to receive the Released Warranty Amount. Upon any such repurchase, each of the Purchaser and the Issuer shall, without further action, be deemed to transfer, assign and otherwise convey to the RPA Seller, without recourse, representation or warranty, all the right, title and interest of either the Purchaser or the Issuer in, to and under such repurchased Receivable, all monies due or to become due with respect thereto and all proceeds thereof. The Purchaser, the Issuer, the Owner Trustee, the Delaware Trustee or the Indenture Trustee, as applicable, shall execute such documents and instruments of transfer or assignment and take such other actions as shall reasonably be requested by the RPA Seller to effect the conveyance of such Receivable pursuant to this Section. The sole remedy of the Purchaser, the Issuer, the Trustees or the Securityholders with respect to a breach of the RPA Seller’s representations and warranties pursuant to Section 2.03(a) shall be to require the RPA Seller to repurchase the related Receivables pursuant to this Section.

  • Collection of Receivables Except as otherwise provided in this Security Agreement, such Grantor will collect and enforce, at such Grantor’s sole expense, all amounts due or hereafter due to such Grantor under the Receivables owned by it.

  • Servicing of Receivables The Master Servicer shall service the Receivables as required by the terms of this Agreement and in material compliance with its standard and customary procedures for servicing all its other comparable motor vehicle receivables and in compliance with applicable law; and

  • Purchase and Sale of Receivables On the Closing Date, subject to the terms and conditions of this Agreement, the Seller agrees to sell to the Purchaser, and the Purchaser agrees to purchase from the Seller, the Receivables and the other property relating thereto (as defined below).

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