Common use of Sale of the Initial Receivables Clause in Contracts

Sale of the Initial Receivables. 3.1 The Seller shall deliver a Notice of Sale in the form as set out in Schedule 1 (Form of Notice of Sale) to the Issuer (with a copy to the Servicer and the Security Trustee) on the Initial Offer Date in relation to the Initial Receivables to be sold by it on the Closing Date.

Appears in 8 contracts

Samples: Intertrust Trustees GMBH, Receivables Purchase Agreement, Intertrust Trustees GMBH

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Sale of the Initial Receivables. 3.1 The Seller shall deliver delivered a Notice of Sale in the form as set out in Schedule 1 (Form of Notice of Sale) to the Issuer (with a copy to the Servicer and the Security Trustee) on the Initial Offer Date in relation to the Initial Receivables to be sold by it on the Closing Date.

Appears in 5 contracts

Samples: Receivables Purchase Agreement, Servicing Agreement, Receivables Purchase Agreement

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