Common use of Removal of Ineligible Accounts Clause in Contracts

Removal of Ineligible Accounts. (a) On or prior to ------------------------------ the fifth Business Day following any date on which an Account becomes an Ineligible Account (such fifth Business Day, the "Removal Commencement Date"), ------------------------- the Seller shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in subsection (b) of this Section 2.07.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Bombardier Receivables Master Trust I)

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Removal of Ineligible Accounts. (a) On or prior to ------------------------------ the fifth Business Day following any date on which an Account becomes an Ineligible Account (such fifth Business Day, the "Removal Commencement Date"), ------------------------- the Seller Depositor shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in subsection (b) of this Section 2.072.08.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bombardier Receivables Master Trust I)

Removal of Ineligible Accounts. (a) On or prior to ------------------------------ the fifth ------------------------------- Business Day following after any date on which an Account becomes an Ineligible Account (such fifth Business Day, Day shall be deemed to be the "Removal Commencement Date"), ------------------------- ) the Seller Transferor shall commence removal of the Receivables Receivable of such Ineligible Account in the manner prescribed in subsection (b) of this Section 2.072.08(b).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ford Credit Auto Receivables LLC)

Removal of Ineligible Accounts. (a) On or prior to ------------------------------ the fifth Business Day following any date on which an Account becomes an Ineligible Account (such fifth Business Day, the "Removal Commencement Date"), ------------------------- the Seller Depositor shall commence removal of the Receivables of such Ineligible Account in the manner prescribed in subsection (b) of this Section 2.072.08.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bombardier Receivables Master Trust I)

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Removal of Ineligible Accounts. (a) On or prior to ------------------------------ the fifth Business Day following after any date on which an Account becomes an Ineligible Account (such fifth Business Day, Day 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 subsection (b) of this Section 2.072.07(b).

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ford Credit Auto Receivables LLC)

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