Common use of Receivables Sale Termination Date Clause in Contracts

Receivables Sale Termination Date. The date, after the conclusion of the Revolving Period for all Series and Classes of Notes, on which all amounts due on all Series and Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full. Receivables Seller: Nationstar, as the entity that shall, on and after the Closing Date, sell to the Depositor all Receivables created on and after the Closing Date under the Designated Servicing Agreements.

Receivables Sale Termination Date. The date, after the conclusion of the Revolving Period for all Series and Classes of Notes, on which all amounts due on all Series and Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full. Receivables Seller: Nationstar, as the entity that shall, on and after the Closing Date, sell to the Depositor all Receivables created on and after the Closing Date with respect to the Designated Pools under the Designated Servicing Agreements.