Common use of Previously Performed Test Clause in Contracts

Previously Performed Test. If any Test was performed in a prior Asset Representations Review, the Asset Representations Reviewer will not perform such Test again in connection with any additional Asset Representations Review, if and to the extent the initial review is sufficient for the purpose of determining compliance with the Test in the subsequent Asset Representations Review, but will include the determination of such previous Test in the Review Report for the current Asset Representations Review, provided that the Asset Representations Reviewer may, at any time, conduct Tests relating to Subject Receivables for any time period not covered in previous Tests.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (First National Funding LLC), Asset Representations Review Agreement (First National Funding LLC)

AutoNDA by SimpleDocs

Previously Performed Test. If any Test was is performed in a prior an Asset Representations Review, the Asset Representations Reviewer will not perform such Test again in connection with any additional Asset Representations Review, if and to the extent the initial review is sufficient for the purpose of determining compliance with the Test in the subsequent Asset Representations Review, but will include the determination of such previous Test in the Final Review Report for the current Asset Representations Review; provided, provided that the Asset Representations Reviewer may, at any time, may conduct Tests relating to Subject Receivables for any time period not covered in previous Tests.

Appears in 1 contract

Samples: Asset Representations Review Agreement (World Financial Network Credit Card Master Note Trust)

Previously Performed Test. If any Test was is performed in a prior an Asset Representations Review, the Asset Representations Reviewer will not perform such Test again in connection with any additional Asset Representations Review, if and to the extent the initial review is sufficient for the purpose of determining compliance with the Test in the subsequent Asset Representations Review, but will include the determination of such previous Test in the Review Report for the current Asset Representations Review; provided, provided that that, the Asset Representations Reviewer may, at any time, may conduct Tests relating to Subject Receivables for any Asset Representations Review for any time period not covered in previous Tests.

Appears in 1 contract

Samples: Indemnification Agreement (Discover Card Master Trust I)

AutoNDA by SimpleDocs

Previously Performed Test. If any Test was is performed in a prior an Asset Representations Review, the Asset Representations Reviewer will not perform such Test again in connection with any additional Asset Representations Review, if and to the extent the initial review is sufficient for the purpose of determining compliance with the Test in the subsequent Asset Representations Review, but will include the determination of such previous Test in the Review Report for the current Asset Representations Review; provided, provided that the Asset Representations Reviewer may, at any time, may conduct Tests relating to Subject Receivables for any time period not covered in previous Tests.

Appears in 1 contract

Samples: Indemnification Agreement (World Financial Network Credit Card Master Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.