Common use of Receivable Information and Transferred Batch Determination Clause in Contracts

Receivable Information and Transferred Batch Determination. (a) On each Batching Day after the Initial Transfer Date, the Servicer, on behalf of the Provider, shall provide by Transmission to the Master Servicer the information listed on Exhibit VI hereto (as such Exhibit may be modified by the Purchaser from time to time, the "Receivable Information") with respect to new Accounts that it has determined constitute Eligible Receivables (the "Proposed Eligible Receivables") and with respect to new Accounts that it has determined do not constitute Eligible Receivables. (b) All Proposed Eligible Receivables for which Receivable Information has been received by the Master Servicer between the prior Batching Time and the current Batching Time shall be reviewed by the Daiwa Group. On or prior to each Transfer Date, the Purchaser or the Program Manager shall prepare a list of all Proposed Eligible Receivables, and delineating those Proposed Eligible Receivables that the Purchaser will purchase on the Transfer Date (a "Purchased Batch", and together with the remaining Proposed Eligible Receivables and all other Receivables that are not Eligible Receivables that will not be purchased and instead will be contributed to the 5 Purchaser, the "Transferred Batch"), together with an explanation stating that the identified Proposed Eligible Receivables not included in the Purchased Batch are not Eligible Receivables and the basis thereof.

Receivable Information and Transferred Batch Determination. (a) On each Batching Day after the Initial Transfer Date, the Primary Servicer, on behalf of the each Provider, shall provide by Transmission to the Master Servicer by Transmission the information listed on Exhibit VI hereto (as such Exhibit may be modified by the Purchaser from time to time, the "Receivable InformationRECEIVABLE INFORMATION") with respect to new Accounts that it has determined constitute Eligible Receivables (the "Proposed Eligible ReceivablesPROPOSED ELIGIBLE RECEIVABLES") and with respect to new Accounts that it has determined do not constitute Eligible Receivables. (b) All Proposed Eligible Receivables for which Receivable Information has been received by the Master Servicer between the prior Batching Time and the current Batching Time shall be reviewed by the Daiwa HFG Group. On or prior to each Transfer Date, the Purchaser or the Program Manager shall prepare a list of all Proposed Eligible Receivables, and Receivables delineating those Proposed Eligible Receivables that the Purchaser will purchase on the Transfer Date (a "Purchased BatchPURCHASED BATCH", and together with the remaining Proposed Eligible Receivables and all other Receivables that are not Eligible Receivables that will not be purchased and instead will be contributed to the 5 Purchaser, the "Transferred BatchTRANSFERRED BATCH"), together with an explanation stating that the identified Proposed Eligible Receivables not included in the Purchased Batch are not Eligible Receivables and the basis thereoftherefor.

Receivable Information and Transferred Batch Determination. (a) On each Batching Day after the Initial Transfer Date, the Servicer, on behalf of the ProviderProviders, shall provide by Transmission to the Master Servicer by Transmission the information listed on Exhibit VI hereto (as such Exhibit may be modified by the Purchaser from time to time, the "Receivable Information") with respect to new Accounts that it has determined constitute Eligible Receivables (the "Proposed Eligible Receivables") and with respect to new Accounts that it has determined do not constitute Eligible Receivables. Each Transmission of Receivable Information shall constitute an offer by each Provider to sell, or, at such Provider's option, contribute, the Proposed Eligible Receivables set forth in the Transmission. (b) All Proposed Eligible Receivables for which Receivable Information has been received by the Master Servicer between the prior Batching Time and the current Batching Time shall be reviewed by the Daiwa Group. On or prior to each Transfer Date, the Purchaser or the Program Manager shall prepare a list of all Proposed Eligible Receivables, and delineating those Proposed Eligible Receivables that the Purchaser will purchase on the Transfer Date (a "Purchased Batch", and together with the remaining Proposed Eligible Receivables and all other Receivables that are not Eligible Receivables that will not be purchased and instead will be contributed to the 5 Purchaser, the "Transferred Batch"), together with an explanation stating that the identified Proposed Eligible Receivables not included in the Purchased Batch are not Eligible Receivables and the basis thereof.