Common use of Purchase; Payment In Full Clause in Contracts

Purchase; Payment In Full. Upon the purchase of any Receivable pursuant to Section 3.02, 3.05 or 4.07 of the Sale and Servicing Agreement or Section 6.02 of the Purchase Agreement, or upon the payment in full of any Receivable, which shall be evidenced by Custodian's receipt of the request for release in the form annexed hereto as Exhibit B, Custodian shall promptly release the related Receivable File to Servicer and the security interest in such Receivable and related Receivable File granted by the Issuing Entity to the Indenture Trustee pursuant to the Indenture shall terminate without any further action by the Custodian, the Originator, the Depositor or the Indenture Trustee.

Purchase; Payment In Full. Upon the purchase of any Receivable pursuant to Section 3.02, 3.05 or 4.07 of the Sale and Servicing Agreement or Section 6.02 of the Purchase Agreement, or upon the payment in full of any Receivable, which shall be evidenced by Custodian's receipt of the request for release in the form annexed hereto as Exhibit EXHIBIT B, Custodian shall promptly release the related Receivable Receivables File to Servicer and the security interest in such Receivable and related Receivable Receivables File granted by the Issuing Entity Trust to the Indenture Trustee pursuant to the Indenture shall terminate without any further action by the Custodian, the Originator, the Depositor Seller or the Indenture Trustee.

Purchase; Payment In Full. Upon the purchase of any Receivable pursuant to Section 3.02, 3.05 or 4.07 of the Sale and Servicing Agreement or Section 6.02 of the Purchase Agreement, or upon the payment in full of any Receivable, which shall be evidenced by Custodian's receipt of the request for release in the form annexed hereto as Exhibit EXHIBIT B, Custodian shall promptly release the related Receivable Receivables File to Servicer and the security interest in such Receivable and related Receivable Receivables File granted by the Issuing Entity Trust to the Indenture Trustee pursuant to the Indenture shall terminate without any further action by the Custodian, the Originator, the Depositor Seller or the Indenture Trustee.

Purchase; Payment In Full. Upon the purchase of any Receivable pursuant to Section 3.02, 3.05 or 4.07 of the Sale and Servicing Agreement or Section 6.02 of the Purchase Agreement, or upon the payment in full of any Receivable, which shall be evidenced by Custodian's receipt of the request for release in the form annexed hereto as Exhibit B, Custodian shall promptly release the related Receivable Receivables File to Servicer and the security interest in such Receivable and related Receivable Receivables File granted by the Issuing Entity Trust to the Indenture Trustee pursuant to the Indenture shall terminate without any further action by the Custodian, the Originator, the Depositor Seller or the Indenture Trustee.

Purchase; Payment In Full. Upon the purchase of any Receivable pursuant to Section 3.02, 3.05 or 4.07 of the Sale and Servicing Agreement or Section 6.02 of the Purchase Agreement, or upon the payment in full of any Receivable, which shall be evidenced by Custodian's ’s receipt of the request for release in the form annexed hereto as Exhibit B, Custodian shall promptly release the related Receivable File to Servicer and the security interest in such Receivable and related Receivable File granted by the Issuing Entity Trust to the Indenture Trustee pursuant to the Indenture shall terminate without any further action by the Custodian, the Originator, the Depositor Seller or the Indenture Trustee.

Purchase; Payment In Full. Upon the purchase of any Receivable pursuant to Section 3.02, 3.05 or 4.07 of the Sale and Servicing Agreement or Section 6.02 of the Purchase Agreement, or upon the payment in full of any Receivable, which shall be evidenced by Custodian's receipt of the request for release in the form annexed hereto as Exhibit B, Custodian shall promptly release the related Receivable File to Servicer and the security interest in such Receivable and related Receivable File granted by the Issuing Entity Trust to the Indenture Trustee pursuant to the Indenture shall terminate without any further action by the Custodian, the Originator, the Depositor Seller or the Indenture Trustee.

Purchase; Payment In Full. Upon the purchase of any Receivable pursuant to Section 3.02, 3.05 or 4.07 of the Sale and Servicing Agreement or Section 6.02 of the Purchase Agreement, or upon the payment in full of any Receivable, which shall be evidenced by Custodian's receipt of the request for release in the form annexed hereto as Exhibit B, Custodian Custo- xxxx shall promptly release the related Receivable Receivables File to Servicer and the security interest in such Receivable and related Receivable Receivables File granted by the Issuing Entity Trust to the Indenture Trustee pursuant to the Indenture shall terminate without any further action by the Custodian, the Originator, the Depositor Seller or the Indenture Trustee.