Examples of Original Receivables Purchase Agreement in a sentence
Prior to the Merger Date, BACCS and Funding were each party to that certain Receivables Purchase Agreement, dated as of October 20, 2006 (as amended, supplemented or otherwise modified, the “Original Receivables Purchase Agreement”), pursuant to which BACCS sold to Funding credit card receivables arising under the credit card accounts identified in the Original Receivables Purchase Agreement and certain other related assets.
After giving effect to the transactions contemplated on the Closing Date, the assets of the Trust will consist of Receivables transferred pursuant to the Original Receivables Purchase Agreement and Original P&S to the Trust prior to the PSA Effective Date, and Receivables transferred to the Trust on and after the PSA Effective Date to the Closing Date, pursuant to the First Tier Receivables Purchase Agreement, the Second Tier Receivables Purchase Agreement and the PSA.
Effective as of the closing date of the Original Receivables Purchase Agreement, Seller sold, assigned and transferred to Fleet Securities, for the benefit of Purchasers, the Asset Interest.
Notwithstanding the fact that the Original Receivables Purchase Agreement refers only to the sale of Receivables, wherever in the Receivables Purchase Agreement there is a reference to a sale of Receivables by the Seller to the Purchase, such provision shall also be applicable to the transfer of Receivables in the form of a contribution.
Except to the extent the context clearly indicates otherwise, capitalized terms used herein and not defined herein or amended by the terms of this Amendment shall have the meanings set forth in the Pooling and Servicing Agreement, including the Amendment to Pooling and Servicing Agreement, and in the Original Receivables Purchase Agreement together with any subsequent amendments thereto.