Examples of Transfer and Servicing Agreement in a sentence
Pursuant to the Amended and Restated Transfer and Servicing Agreement (as may be amended from time to time, the “TSA”), dated as of November 16, 2000, among HRFI III, Household Finance Corporation and Wilmington Trust Company, as Owner Trustee (the “Owner Trustee”) of the Note Trust, HRFI III has sold and will, from time to time, continue to sell certain Purchased Assets to Wilmington Trust Company, as Owner Trustee of the Note Trust.
Chase USA agrees that all representations, warranties, covenants and agreements made by Chase USA herein with respect to the Accounts and the Receivables shall also be for the benefit of the parties to the Transfer and Servicing Agreement.
The Purchase Price shall be reduced on each Purchase Price Payment Date (a “Purchase Price Adjustment”) with respect to any Receivable conveyed to Chase Card Funding by Chase USA with respect to which during the preceding Monthly Period (a) Chase USA was obligated to accept reassignment pursuant to Section 2.06 or Section 2.07 and (b) any Credit Adjustment was made pursuant to subsection 3.06 of the Transfer and Servicing Agreement.
The execution and delivery of this Agreement and the Transfer and Servicing Agreement, the performance of the transactions contemplated by this Agreement and the Transfer and Servicing Agreement and the fulfillment of the terms hereof and thereof will not conflict with or violate any Requirements of Law applicable to Chase USA.
Chase USA agrees to maintain the computer files and other records of the Accounts and Receivables arising in the Accounts on behalf of Chase Card Funding in a manner consistent with the provisions in this Agreement and the Transfer and Servicing Agreement.