Common use of Reconveyance of Receivables Clause in Contracts

Reconveyance of Receivables. (a) The Trustee does hereby reconvey to the Transferor, without recourse, all of the Trustee’s right, title and interest in, to and under, and the Trustee does hereby release its lien on and security interest in, (i) the Receivables existing in the Removed Accounts at the close of business on the Removal Cut-Off Date and thereafter created from time to time in the Removed Accounts, (ii) all Interchange allocable to such Receivables, (iii) all monies and investments due or to become due with respect to all of the foregoing (including, without limitation, the right to any Finance Charge Receivables, any Collections and any Recoveries), and (iv) all proceeds of all of the foregoing.

Reconveyance of Receivables. (a) The Trustee does hereby reconvey to the Transferor, without recourse, all of the Trustee’s 's right, title and interest in, to and under, and the Trustee does hereby release its lien on and security interest in, (i) the Receivables existing in the Removed Accounts at the close of business on the Removal Cut-Off Date and thereafter created from time to time in the Removed Accounts, (ii) all Interchange allocable to such Receivables, (iii) all monies and investments due or to become due with respect to all of the foregoing (including, without limitation, the right to any Finance Charge Receivables, any Collections and any Recoveries), and (iv) all proceeds of all of the foregoing.

Reconveyance of Receivables. (ae) The Trustee does hereby reconvey to the Transferor, without recourse, all of the Trustee’s 's right, title and interest in, to and under, and the Trustee does hereby release its lien on and security interest in, (i) the Receivables existing in the Removed Accounts at the close of business on the Removal Cut-Off Date and thereafter created from time to time in the Removed Accounts, (ii) all Interchange allocable to such Receivables, (iii) all monies and investments due or to become due with respect to all of the foregoing (including, without limitation, the right to any Finance Charge Receivables, any Collections and any Recoveries), and (iviii) all proceeds of all of the foregoing.