Examples of Receivables Purchase Agreement in a sentence
Save as otherwise provided herein, this declaration of trust (which expression shall include the recitals above) shall be interpreted in accordance with Clause 1 of the Receivables Purchase Agreement (as the same may be amended, varied or supplemented from time to time), which is expressly and specifically incorporated into this declaration of trust.
Such continuing duties shall not include, in particular, the payment obligations of the Issuer (i) pursuant to clause 3 (Sale of the Initial Receivables) and clause 4 (Sales of Additional Receivables) of the Receivables Purchase Agreement, or (ii) as compensation for damages.
VWFS fails to (i) repurchase a Non-Conforming Receivable having become obliged to do so pursuant to Clause 10 (Repurchase) of the Receivables Purchase Agreement or (ii) pay any amount required pursuant to Clause 11 (Payment for non-existent Receivables) of the Receivables Purchase Agreement.