Removal of Eligible Accounts Sample Clauses

Removal of Eligible Accounts. (a) On each Determination Date on which Accounts, including all amounts then held by the Trust or thereafter received by the Trust with respect to such Accounts, are removed from the Trust pursuant to Section 2.7(b) of the Pooling and Servicing Agreement, the Buyer shall be deemed to have offered to the Seller automatically and without notice to or action by or on behalf of the Buyer, the right to remove Eligible Accounts from the operation of this Agreement in the manner prescribed in Section 2.6(b). The termination of an Account by a Dealer upon such Dealer's payment in full of such Account shall not be a removal of an Account under this Section.
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Removal of Eligible Accounts. (a) On each Determination Date, the Transferor shall have the right to remove Accounts, including all amounts then held by the Trust or thereafter received by the Trust in respect of the Accounts being removed, from the Trust in the manner prescribed in Section 2.7(b). The termination of an Account by a Dealer upon such Dealer's payment in full of the related Account shall not be a removal of such Account under this Section 2.7.
Removal of Eligible Accounts. (a) On each Determination Date the Seller shall have the right to remove Accounts from the Trust in the manner prescribed in Section 2.07(b). In addition, on each Determination Date the Seller shall have the right to remove Accounts from the Trust and, in connection therewith, repurchase the then-existing Receivables in such Accounts, in the manner prescribed in Section 2.07(c). In addition, on each Determination Date the Seller shall have the right to remove DTS Accounts in the manner prescribed in Section 2.07(f). None of the Receivables that have been removed from the Trust shall be sold or otherwise transferred to DCFS, and DCFS agrees that, notwithstanding anything to the contrary in the Receivables Purchase Agreement, it will not purchase or otherwise acquire such Receivables. For the avoidance of doubt, the Seller shall not remove Accounts from the Trust more often than once a month.
Removal of Eligible Accounts. (a) On each Determination Date on which Accounts are removed from the Trust pursuant to Section 2.07 of the Pooling and Servicing Agreement, the Buyer shall be deemed to have offered to the Seller automatically and without notice to or action by or on behalf of the Buyer, the right to remove Eligible Accounts from the operation of this Agreement in the manner prescribed in Section 2.06(b).
Removal of Eligible Accounts. (a) On each Determination Date the Seller shall have the right to remove from the Trust Accounts in the manner prescribed in Section 2.07(b).
Removal of Eligible Accounts. (a) On each Determination Date on which Accounts, including all amounts then held by the Trust or thereafter received by the Trust with respect to such Accounts, are removed from the Trust pursuant to Section 2.7 of the Trust Sale and Servicing Agreement, WODFI shall be deemed to have offered to World Omni automatically and without notice to or action by or on behalf of WODFI, the right to remove Eligible Accounts from the operation of this Agreement in the manner prescribed in Section 2.6(b).
Removal of Eligible Accounts. (i) On each Determination Date on which Accounts are removed from the Issuer pursuant to Section 2.07 of the Transfer and Servicing Agreement, the Purchaser and the Originator may, but shall not be required to, by mutual agreement, remove Accounts from the operation of this Agreement (each a "Removed Account"), Originator agrees to provide to Purchaser such information, certificates, financing statement, opinions and other materials as are reasonably necessary to enable Purchaser to satisfy its obligations under Section 2.07 of the Transfer and Servicing Agreement with respect to the removal of Accounts.
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Removal of Eligible Accounts. (a) On each Determination Date the Transferor shall have the right to remove Accounts from the Issuer and, in connection therewith, repurchase the then existing Receivables in such Accounts, in the manner prescribed in Section 2.07(b).
Removal of Eligible Accounts. (a) On each Determination Date the Seller shall have the right to purchase all (but not less than all) of the Investor Master Custodial Certificateholders' right, title and interest in or to all the Account Assets of one or more Accounts in consideration of an increase in the Master Custodial Certificateholders' Interests and remove such Accounts from Schedule 1 in the manner prescribed in Section 2.07(b).
Removal of Eligible Accounts. (a) On each Determination Date on which Accounts are removed from the Issuer pursuant to Section 2.07 of the Transfer and Servicing Agreement, the Purchaser shall be deemed to have offered to the Originator automatically and without notice to or action by or on behalf of the Purchaser, the right to remove Eligible Accounts from the operation of this Agreement in the manner prescribed in Section 2.06(b).
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