Removal of Receivables in Ineligible Accounts. (a) As of the date on which the Servicer's records indicate that an Account has become an Ineligible Account, Transferor will be required to redesignate any such Account as a Redesignated Account in the manner provided in Section 2.09(b).
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Nissan Wholesale Receivables Corp Ii), Transfer and Servicing Agreement (Nissan Wholesale Receivables Corp Ii)
Removal of Receivables in Ineligible Accounts. (a) As of the date on which the Servicer's records indicate that an Account has become an Ineligible Account, the Transferor will be required to redesignate any such Account as a Redesignated Account in the manner provided in Section 2.09(b) or (c), as the case may be.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Ford Credit Floorplan LLC), Transfer and Servicing Agreement (Ford Credit Floorplan LLC)
Removal of Receivables in Ineligible Accounts. (a) As of the date on which the Servicer's records indicate that an Account has become an Ineligible Account, Transferor will be required to redesignate any such Account as a Redesignated Account in the manner provided in Section 2.09(b) or 2.09(c), as the case may be.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Ford Credit Auto Receivables LLC)
