Common use of Removal of Eligible Accounts Clause in Contracts

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 the Seller shall have the right to remove Accounts from the Trust Accounts 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-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 DCFSDCS, and DCFS DCS agrees that, notwithstanding anything to the contrary in the Receivables Purchase AgreementAgeement, 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 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 DCFSDCS, and DCFS DCS 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 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 DCFSDCS, and DCFS DCS agrees that, notwithstanding anything to the contrary in the Receivables Purchase AgreementAgeement, 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.