Common use of Sale of Certificateholders' Interest Pursuant to Section Clause in Contracts

Sale of Certificateholders' Interest Pursuant to Section. 2.03 of the Agreement; Distributions Pursuant to Section 2.03 or 12.02(c) of the Agreement. (a) The amount to be paid by the Seller to the Collection Account with respect to Series 1997-1 in connection with a purchase of the Certificateholders' Interest pursuant to Section 2.03 of the Agreement shall equal the Reassignment Amount for the Distribution Date on which such repurchase occurs.

Appears in 2 contracts

Samples: Series 1997 (Federal Mogul Corp), Pooling and Servicing Agreement (Federal Mogul Corp)

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Sale of Certificateholders' Interest Pursuant to Section. 2.03 2.3 of the Agreement; Distributions Pursuant to Section 2.03 7.1 of this Series Supplement or 12.02(cSection 2.3 or 12.2(c) of the Agreement. (a) The amount to be paid by the Seller to the Collection Account with respect to Series 19972000-1 2 in connection with a purchase of the Certificateholders' Interest pursuant to Section 2.03 2.3 of the Agreement shall equal the Reassignment Amount for the Distribution Date on which such repurchase occurs.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Deutsche Floorplan Receivables L P)

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Sale of Certificateholders' Interest Pursuant to Section. 2.03 2.3 of the Agreement; Distributions Pursuant to Section 2.03 7.1 of this Series Supplement or 12.02(cSection 2.3 or 12.2(c) of the Agreement. (a) The amount to be paid by the Seller to the Collection Account with respect to Series 19972000-1 in connection with a purchase of the Certificateholders' Interest pursuant to Section 2.03 2.3 of the Agreement shall equal the Reassignment Amount for the Distribution Date on which such repurchase occurs.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Deutsche Floorplan Receivables L P)

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