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have automatically assigned, solely for the purpose of collection, such Receivable to the Servicer.", "As of the second Accounting Date (or, at the Servicer\u2019s election, the first Accounting Date) following notice to or discovery by the Servicer of a breach of any covenant of the Servicer that materially and adversely affects any Receivable, unless such breach is cured in all material respects, the Servicer shall, with respect to such Receivable (an \u201c<strong>Administrative Receivable</strong>\u201d) purchase such <strong>Administrative Receivable</strong> from the Issuer at a price equal to the Administrative Purchase Payment.", "Upon (i) the repurchase of a Warranty Receivable by NFC pursuant to the Purchase Agreement, (ii) purchase of a Warranty Receivable by NFRRC pursuant to the Pooling Agreement or (iii) purchase of an <strong>Administrative Receivable</strong> by the Servicer pursuant to Section 2.08(a) of this Agreement, the Servicer shall deliver the related Receivable File to or at the direction of the purchaser.", "Upon the assignment of such <strong>Administrative Receivable</strong> described in the preceding sentence, the Servicer shall own such <strong>Administrative Receivable</strong>, and all such Related Assets, free of any further obligations to such Person with respect thereto.", "The Servicer shall contribute any <strong>Administrative Receivable</strong> that is a Retail Lease and its Related Assets to the General Interest in the Titling Trust (or to such other person as shall be designated by Harco Leasing).", "Upon the assignment of such <strong>Administrative Receivable</strong> described in the preceding sentence, the Servicer shall own such <strong>Administrative Receivable</strong>, and all such Related Security, free of any further obligations to such Person with respect thereto.", "The Composite Schedule of Receivables shall be updated to reflect all purchases of Receivables during the Funding Period by the Issuer and all sales of Receivables as a result of a Receivable becoming a Warranty Receivable or an <strong>Administrative Receivable</strong>.", "The Schedule of Retail Notes shall be updated to reflect all sales of Receivables as a result of a Receivable becoming a Warranty Receivable or an <strong>Administrative Receivable</strong>.", "With respect to a Simple Interest Receivable that is also an <strong>Administrative Receivable</strong> or Warranty Receivable, payments by or on behalf of the Obligor shall be applied in the same manner as set forth in Section 2.10(a).", "As of the second Accounting Date (or, at the Servicer&#x27;s election, the first Accounting Date) following notice to or discovery by the Servicer of a breach of any covenant of the Servicer that materially and adversely affects any Receivable, unless such breach is cured in all material respects, the Servicer shall, with respect to such Receivable (an &quot;<strong>Administrative Receivable</strong>&quot;) purchase such 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