Common use of Withdrawal of Originator Clause in Contracts

Withdrawal of Originator. The Originator may terminate further sales of interests in its Receivables hereunder for any reason by providing at least thirty days' notice to the Company and Agent of such withdrawal. On the date set forth in such notice (the "Withdrawal Date"), the Originator shall discontinue any further sale of interests in Receivables and shall only be party to this Agreement to the extent that the Company continues to have an interest in the Purchased Receivables acquired from the Originator or any amounts remain payable by the Company (including all amounts due under the Note) or the Originator to the other hereunder. No such withdrawal shall affect the Originator's representations or agreements concerning Purchased Receivables in which the Company retains an interest or any related Collections.