Receivables Purchase Agreements definition

Receivables Purchase Agreements means the receivables purchase agreements entered into between the Sellers, the Purchaser and the Agent for the purchase of the Ongoing Purchasable Receivables and Remaining Purchasable Receivables under the Securitisation Transaction, as amended or amended and restated for time to time, and more specifically:

Receivables Purchase Agreements means (i) the amended and restated receivables purchase agreement between TRS and Centurion, dated as of July 29, 2016, and (ii) the amended and restated receivables purchase agreement between TRS and FSB, dated as of July 29, 2016, in each case as the same may be amended, supplemented, assigned or otherwise modified from time to time, and includes any receivables purchase agreement, substantially in the form of such agreement, entered into between TRS and another Account Owner in the future, if any.

Receivables Purchase Agreements means (a) the Business Revolving Charge Program Agreement dated April 3, 1992, as amended, by and among Hechinger, Home Quarters Warehouse, Inc. and General Electric Capital Corporation and (b) the GE Capital Program Agreement, dated April 12, 1996, by and between General Electric Capital Corporation and Builders Square.

Examples of Receivables Purchase Agreements in a sentence

• The Issuer shall give the Indenture Trustee and the Rating Agencies prompt written notice of each Event of Default hereunder, and of each default on the part of (i) the Servicer of its obligations under the Sale and Servicing Agreement and (ii) the Sellers under the Receivables Purchase Agreements.

• Other than the security interests granted to the Issuer pursuant to the Sale and Servicing Agreement and the security interests granted under the Liquidity Receivables Purchase Agreements, which have been released, CNHCR has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the Receivables.

• On or prior to each Determination Date, the Transferor shall notify the Servicer of the amount of Interchange to be included as Collections of Finance Charge Receivables with respect to the preceding Monthly Period, which shall be equal to the amount of Interchange paid to the Transferor pursuant to the Receivables Purchase Agreements with respect to such Monthly Period.

• The Transferor shall enforce the covenants and agreements of an Account Owner in the Receivables Purchase Agreements, including the covenants set forth in subsections 5.01(f) and (g).

• The Seller hereby represents and warrants to the Trust that such assignment is valid, enforceable and effective to permit the Trust to enforce such obligations of HAFI or an Affiliate of HAFI that is the seller under a Master Receivables Purchase Agreement and HSBC Finance Corporation under the Master Receivables Purchase Agreements.

More Definitions of Receivables Purchase Agreements

Receivables Purchase Agreements means (i) the Capital One Receivables Purchase Agreement and (ii) any future receivables purchase agreement substantially in the form of the agreement specified in (i) above, entered into between Funding and an Account Owner; provided, that (A) Funding shall have received written notice from each Rating Agency that the execution and delivery of such future receivables purchase agreement will not have a Ratings Effect and (B) Funding shall have delivered to the Trustee an Officer’s Certificate of Funding to the effect that such officer reasonably believes that the execution and delivery of such future receivables purchase agreement will not have an Adverse Effect.

Receivables Purchase Agreements means (i) the FSB - RFC IV Purchase Agreement, (ii) the Centurion Bank - RFC III Purchase Agreement, (iii) the Credco - RFC II Purchase Agreement, (iv) the Credco - Centurion Bank Purchase Agreement and (v) any other receivables purchase agreement substantially in the form of any such agreement that may be entered into by RFC II, RFC III, RFC IV or an Additional Transferor and an Account Owner in the future, pursuant to which RFC II, RFC III, RFC IV or such Additional Transferor will acquire from such Account Owner Receivables for transfer, directly or indirectly, to the Trustee on behalf of the Trust, in each case, as the same may be amended, supplemented or otherwise modified from time to time.

Receivables Purchase Agreements means (i) the FSB – RFC IV Purchase Agreement, (ii) the Centurion Bank – RFC III Purchase Agreement and (iii) any other receivables purchase agreement substantially in the form of any such agreement that may be entered into by RFC III, RFC IV or an Additional Transferor and an Account Owner in the future, pursuant to which RFC III, RFC IV or such Additional Transferor will acquire from such Account Owner Receivables for transfer, directly or indirectly, to the Trustee on behalf of the Trust, in each case, as the same may be amended, supplemented or otherwise modified from time to time.

Receivables Purchase Agreements means and include the Atlantic Receivables Purchase Agreement, the Alternate Receivables Purchase Agreement and the Subordinated Loan Agreement.

Receivables Purchase Agreements means, collectively, (i) the ALFT II Receivables Purchase Agreement, (ii) the ALFT IV Receivables Purchase Agreement, (iii) the ALFT 2002-1 Receivables Purchase Xxxxement, (iv) the WALT Receivables Purchase Agreemexx xnd (v) the Purchase and Sale Agreement, dated as of September 1, 2003, by and between Ford Credit, as seller, and the Depositor, as purchaser.

Receivables Purchase Agreements means, collectively, the (i) Receivables Purchase Agreement, dated as of December 12, 2002, by and between Whole Auto Loan Trust, as seller, and the Depositor, as purchaser, (ii) the Purchase and Sale Agreement, dated as of November 1, 2002, by and between Ford Motor Credit Company, as seller, and the Depositor, as purchaser and (iii) Purchase and Sale Agreement, dated as of November 1, 2002, by and between Volvo Finance North America, Inc., as seller, and the Depositor, as purchaser.

Receivables Purchase Agreements means (i) the Capital One Receivables Purchase Agreement, (ii) the F.S.B. Receivable Purchase Agreement and (iii) any future receivables purchase agreement substantially in the form of the agreement specified in (i) and (ii) above, entered into between Funding and an Account Owner; provided, that (A) Funding shall have received written notice from each Rating Agency that the execution and delivery of such future receivables purchase agreement will not have a Ratings Effect and (B) Funding shall have delivered to the Trustee an Officer’s Certificate of Funding to the effect that such officer reasonably believes that the execution and delivery of such future receivables purchase agreement will not have an Adverse Effect.