Common use of Performance and Compliance with Receivables Clause in Contracts

Performance and Compliance with Receivables. (a) The Borrower will timely perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Receivables and all other agreements related to such Receivables (but only to the extent where there would not be an adverse effect on the Receivables). (b) The Servicer will timely perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Receivables and all other agreements related to such Receivables (but only to the extent where there would not be an adverse effect on the Receivables).

Performance and Compliance with Receivables. (a) The Borrower will timely perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Receivables and all other agreements related to such Receivables (but only to the extent where there would not be an adverse effect on the Receivables). (b) The Servicer will timely perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Receivables and all other agreements related to such Receivables (but Receivables(but only to the extent where there would not be an adverse effect on the Receivables).