Examples of Retained Receivables in a sentence
The Custodian shall release any Receivable (and its related Receivables File) to GMAC, the Seller, the Servicer or the Issuer, as appropriate, under the circumstances provided in the Pooling and Servicing Agreement and the Trust Sale and Servicing Agreement or, in the case of the Retained Receivables, as otherwise requested by GMAC (so long as such request is not inconsistent with the terms of the Pooling and Servicing Agreement and the Trust Sale and Servicing Agreement).
As set forth in Section 2.07 of the Disclosure Statement, certain Accounts Receivable are being retained by Seller (the "Retained Receivables"), and the balance of the Accounts Receivable are being acquired by Apple.
Subject to the terms and conditions hereof and at the request of the Seller, GMAC hereby appoints the Custodian, and the Custodian hereby accepts such appointment, to act as agent of GMAC as Custodian to maintain custody of the Retained Receivables Files pertaining to the Retained Receivables.
As set forth in Section 2.07 of the Disclosure Statement, certain Accounts Receivable are being retained by the Owner (the "Retained Receivables"), and the balance of the Accounts Receivable are being acquired by Apple.
The Grantor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Retained Receivable or accept in satisfaction of a Retained Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, the Grantor may reduce the amount of Retained Receivables in accordance with its present policies and in the ordinary course of business.