HRSI FUNDING, INC. II, Seller, HSBC FUNDING (USA) INC. V, Purchaser, WILMINGTON TRUST COMPANY, not in its individual capacity but as Owner Trustee on behalf of the HOUSEHOLD PRIVATE LABEL CREDIT CARD MASTER NOTE TRUST I, Issuer and HSBC FINANCE...Receivables Sale and Purchase, Assignment and Assumption Agreement • January 6th, 2005 • Household Private Label Credit Card Master Note Trust I • Asset-backed securities • New York
RECEIVABLES SALE AND PURCHASE, ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Agreement”), dated as of December 29, 2004, by and between HRSI FUNDING, INC. II, a Delaware corporation (“HRSI II” or the “Seller”), HSBC FUNDING (USA) INC. V, a Delaware corporation, (“HSBC V” or the “Purchaser”), WILMINGTON TRUST COMPANY, not in its individual capacity but as owner trustee (the “Owner Trustee”) on behalf of HOUSEHOLD PRIVATE LABEL CREDIT CARD MASTER NOTE TRUST I, a common law trust organized and existing under the laws of the State of Delaware (the “Issuer”) and HSBC FINANCE CORPORATION (successor by merger to Household Finance Corporation), a Delaware corporation (“HBFC”).
Page SECTION 1. DEFINITIONS 1 SECTION 2. SALE AND PURCHASE OF RECEIVABLES AND TRANSFER ASSETS 3 SECTION 3. PURCHASE PRICE 4 SECTION 4. REPRESENTATIONS AND WARRANTIES OF SELLER 4 SECTION 5. INDEMNIFICATION BY SELLER AND HBFC 6 SECTION 6. COVENANT OF...Receivables Sale and Purchase Agreement • January 6th, 2005 • Household Private Label Credit Card Master Note Trust I • Asset-backed securities • New York
RECEIVABLES SALE AND PURCHASE, ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Agreement”), dated as of December 29, 2004, by and among HOUSEHOLD RECEIVABLE ACQUISITION COMPANY, a Delaware corporation (“HRAC” or the “Seller”), HSBC PRIVATE LABEL ACQUISITION CORPORATION (USA), a Delaware corporation, (“HSBC PLAC” or the “Purchaser”), and HSBC FINANCE CORPORATION (successor by merger to Household Finance Corporation), a Delaware corporation (“HBFC”).
