Common use of USAGE OF PREDECESSOR CONTRACTS IN CALCULATION Clause in Contracts

USAGE OF PREDECESSOR CONTRACTS IN CALCULATION. After substitution therefor in accordance with the terms and conditions of the Transaction Documents, no Predecessor Contract or any other Contract repurchased or substituted for in accordance with the terms and conditions of the Transaction Documents, including the subsequent default, delinquency or breach thereof, shall be included in any calculation or determination made under the Transaction Documents, including, without limitation, the calculation of either any Amortization Event or Indenture Event of Default.

Appears in 8 contracts

Samples: Subsequent Contract Transfer Agreement (Dvi Receivables Corp Viii), Subsequent Contract Transfer Agreement (Dvi Receivables Corp Viii), Subsequent Contract Transfer Agreement (Dvi Receivables Corp Viii)

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