Common use of Protection of Ownership Interests of Buyer Clause in Contracts

Protection of Ownership Interests of Buyer. (a) Each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest of Buyer and its assigns therein, or to enable Buyer (or its assigns) to exercise and enforce their rights and remedies hereunder. At any time following the earlier to occur of a Termination Event or an Amortization Event: Buyer (or its assigns) may, at the Originators’ sole cost and expense, direct each Originator to notify the Obligors of Receivables originated by it of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables originated by it be made directly to Buyer or its designee.

Protection of Ownership Interests of Buyer. (a) Each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirablenecessary, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest of Buyer Purchaser Interests with respect to Receivables, the Collections and its assigns thereinthe Related Security, or to enable Buyer (or its assigns) to exercise and enforce their rights and remedies hereunder. At any time following upon the earlier to occur occurrence of a Termination Event or an Amortization Event: and during the continuation thereof, Buyer (or its assigns) may, at the Originators’ Originator’s sole cost and expense, direct each Originator to notify the Obligors of Receivables originated by it of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables originated by it be made directly to Buyer or its designee. Buyer acknowledges and agrees that Originator may elect not to provide such notice to Obligors until such time as it is so directed by Buyer.

Protection of Ownership Interests of Buyer. (a) Each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirablenecessary, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest of Buyer Purchaser Interests with respect to Receivables, the Collections and its assigns thereinthe Related Security, or to enable Buyer (or its assigns) to exercise and enforce their rights and remedies hereunder. At any time following upon the earlier to occur occurrence of a Termination Event or an Amortization Event: and during the continuation thereof, Buyer (or its assigns) may, at the Originators’ Originator’s sole cost and expense, direct each Originator to notify the Obligors of Receivables originated by it of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables originated by it be made directly to Buyer or its designee.

Protection of Ownership Interests of Buyer. (a) Each Originator ------------------------------------------ agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that Buyer (or its assigns) the Collateral Agent may reasonably request, to perfect, protect or more fully evidence the interest of Buyer and its assigns thereinReceivable Interests, or to enable Buyer (or its assignsthe Collateral Agent, as Buyer's assignee) to exercise and enforce their rights and remedies hereunder. At any time following the earlier to occur of a Termination Event or an Amortization Event: time, Buyer (or its assignsthe Collateral Agent, as Buyer's assignee) may, at the Originators’ each Originator's sole cost and expense, direct each such Originator to notify the Obligors of Receivables originated by it of the ownership interests of Buyer and its assigns under this Agreement and the other Transaction Documents and may also direct that payments of all amounts due or that become due under any or all Receivables originated by it be made directly to Buyer or its designeedesignee (or the Collateral Agent, as Buyer's assignee, for the benefit of the Purchasers).

Protection of Ownership Interests of Buyer. (a) Each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest sale of Buyer the Receivables and its assigns thereinthe Collections and Related Security therefor, or to enable Buyer (or its assigns) to exercise and enforce their rights and remedies hereunder. At any time following after the earlier to occur occurrence of a Termination Event or an Amortization Event: Event under the Purchase Agreement, Buyer (or its assigns) may, at the Originators’ applicable Originator’s sole cost and expense, direct each such Originator to notify the Obligors of Receivables originated by it such Originator of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables originated by it be made directly to Buyer or its designee. Such Originator shall, at the request of Buyer (or its assigns) withhold the identity of Buyer in any such notification.

Protection of Ownership Interests of Buyer. (a) Each Originator of the Originators agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest of Buyer and its assigns therein, or to enable Buyer (or its assigns) to exercise and enforce their rights and remedies hereunder. At any time following the earlier to occur of a Termination Event or an Amortization Event: Buyer (or its assigns) may, at the Originators’ each Originator's sole cost and expense, direct each such Originator to notify the Obligors of Receivables originated by it such Originator of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all such Receivables originated by it be made directly to Buyer or its designee.