Bank Receivables Purchase Agreement definition

Bank Receivables Purchase Agreement means the Receivables Purchase Agreement, dated as of May 18, 2022, between BMW Bank, as seller, and the Depositor.

Bank Receivables Purchase Agreement means the amended and restated receivables purchase agreement dated as of May 26, 1995 between FCI, as buyer of receivables, and DMCCB, as seller of receivables, as amended from time to time and as assigned by FCI to Metris pursuant to the Bank Receivables Purchase Agreement Assignment, and any other receivables purchase agreement between Metris, as purchaser of receivables, and a Credit Card Originator, as seller of receivables.

Bank Receivables Purchase Agreement means the Amended and Restated Bank Receivables Purchase Agreement, dated as of April 28, 2000, by and between Target National Bank and TCC.

Examples of Bank Receivables Purchase Agreement in a sentence

• The transactions contemplated by the Sale and Servicing Agreement, the Bank Receivables Purchase Agreement, the Indenture and the Trust Agreement to be consummated on the Transfer Date shall be consummated on such date.

• The sale and purchase of the Receivables shall take place at a closing at the offices of Xxxxxx, Xxxxx & Xxxxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 on the Closing Date, simultaneously with the closing under (a) the Sale and Servicing Agreement, (b) the Indenture, (c) the Bank Receivables Purchase Agreement and (d) the Trust Agreement.

• The Transferor agrees to take all action necessary and appropriate to enforce its rights and claims under the Purchase Agreement and the Bank Receivables Purchase Agreement.

• The sale and purchase of the Receivables shall take place at a closing at the offices of Xxxxxxx XxXxxxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 on the Closing Date, simultaneously with the closing under (a) the Sale and Servicing Agreement, (b) the Indenture, (c) the Bank Receivables Purchase Agreement and (d) the Trust Agreement.

• The Transferor, in its capacity as purchaser of Receivables from Metris or from HRAC II pursuant to a Purchase Agreement, as applicable, or a Credit Card Originator, hereby covenants that the Transferor will at all times enforce the covenants and agreements of Metris, HRAC II, and each Credit Card Originator in the applicable Purchase Agreement, the applicable Bank Receivables Purchase Agreement or any other agreement, including, without limitation, any covenants to the effect set forth below.

More Definitions of Bank Receivables Purchase Agreement

Bank Receivables Purchase Agreement means the Receivables Purchase Agreement, dated as of September 1, 2014, between BMW Bank, as seller, and the Depositor. “BMW Bank” shall mean BMW Bank of North America.

Bank Receivables Purchase Agreement means the Receivables Purchase Agreement, dated as of [___], 20[_], between BMW Bank, as seller, and the Depositor.

Bank Receivables Purchase Agreement means (a) with respect to Receivables created before December 1, 2005, the Second Amended and Restated Bank Receivables Purchase Agreement dated as of January 22, 2002 by and between Metris, as purchaser, and DMCCB, as seller, as amended from time to time, or (b) with respect to Receivables created on or after December 1, 2005, the Second Amended and Restated Receivables Purchase Agreement, dated as of July 1, 2002, by and between, HRAC II, as purchaser, and HSBC Nevada, as seller, as amended from time to time.

Bank Receivables Purchase Agreement means the Receivables Purchase Agreement between Conseco Bank and Finance Corp., dated as of __________, ___.

Bank Receivables Purchase Agreement means the Second Amended and Restated Bank Receivables Purchase Agreement dated as of January 22, 2002 by and between Metris, as purchaser, and DMCCB, as seller, as amended from time to time.

Bank Receivables Purchase Agreement means the Receivables ___________________________________ Purchase Agreement between the Bank and JCPR, dated September 30, 1997, governing the terms and conditions upon which JCPR is to purchase from the Bank all of the Receivables generated or to be generated 3 in any Additional Accounts for purposes of this Agreement, in substantially the form attached hereto as Exhibit D-2, as such agreement ----------- may be amended, modified or otherwise changed from time to time.

Bank Receivables Purchase Agreement means the Amended and Restated Bank Receivables Purchase Agreement dated as of July 30, 1998 by and among Metris, as purchaser, and DMCCB, as Seller, as amended from time to time.