Common use of Removal of Ineligible Accounts Clause in Contracts

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) the Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b).

Appears in 9 contracts

Samples: Sale and Servicing Agreement (Daimlerchrysler Master Owner Trust), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC)

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Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the Seller shall commence removal of the Receivables of such Ineligible ineligible Account in the manner prescribed in Section 2.08(b2.07(b).

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Carco Auto Loan Master Trust), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC)

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b2.7(b).

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Green Tree Financial Corp), Receivables Purchase Agreement (Green Tree Financial Corp)

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the applicable Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b2.7(b).

Appears in 2 contracts

Samples: Contribution and Sale Agreement (CDF Funding, Inc.), Contribution and Sale Agreement (Distribution Financial Services Floorplan Master Trust)

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall will be deemed to be the Removal Commencement Date) Date for such Account), the Seller shall Transferor will commence the removal of the Receivables Account from the Trust by taking each of such the actions specified in clauses (i) through (ix) of Section 2.6(b) for the Ineligible Account in the manner prescribed in Section 2.08(b)Account.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Wodfi LLC), Receivables Purchase Agreement (Wodfi LLC)

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b)2.8(b) of the Pooling and Servicing Agreement.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Greentree Floorplan Funding Corp), Receivables Purchase Agreement (Greentree Floorplan Funding Corp)

Removal of Ineligible Accounts. (a) On any The date on which the Seller or the Servicer becomes aware that an Account becomes is an Ineligible Account (which date shall be deemed to be the "Removal Commencement Date) the Seller shall commence removal of the Receivables of " with respect to such Ineligible Account in the manner prescribed in Section 2.08(b)Account.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CDF Funding, Inc.), Pooling and Servicing Agreement (Distribution Financial Services Floorplan Master Trust)

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b2.7(b).

Appears in 1 contract

Samples: Contribution and Sale Agreement (Distribution Financial Services Floorplan Master Trust)

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Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b2.07(b).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC)

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the applicable Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b2.7(b).

Appears in 1 contract

Samples: Receivables Contribution and Sale Agreement (Deutsche Floorplan Receivables L P)

Removal of Ineligible Accounts. (a) On any date on which an ------------------------------ Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the applicable Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b2.7(b).

Appears in 1 contract

Samples: Receivables Contribution and Sale Agreement (Deutsche Floorplan Receivables L P)

Removal of Ineligible Accounts. (a) On any date on which an Account becomes an Ineligible Account (which date shall be deemed to be the Removal Commencement Date) Date with respect to such Account), the Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in Section 2.08(b2.7(b).. Contribution and Sale Agreement

Appears in 1 contract

Samples: Receivables Contribution and Sale Agreement (CDF Funding, Inc.)

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