Examples of Transferor RPA in a sentence
To the extent that an Insolvency Event shall occur with respect to (a) the Transferor, as specified in Section 6.01 of the Transfer and Servicing Agreement, (b) the Bank, as specified in Section 8.02 of the HRAC RPA, or (c) HRAC, as specified in Section 8.02 of the Transferor RPA, the Issuer shall provide, or cause to be provided, written notice of such occurrence to Standard & Poor's.
In the case of any Transferor RPA, each remittance of Collections by the Originator to the applicable Transferor thereunder will have been (i) in payment of a debt incurred by the Originator in the ordinary course of business or financial affairs of such Originator and (ii) made in the ordinary course of business or financial affairs of the Originator.
Subject to Section 7.2(f), the occurrence of the “Termination Date” under and as defined in each Receivables Sale Agreement and the termination of any Transferor RPA in accordance with its terms or otherwise.
Notwithstanding any cessation of the transfer to HRAC of additional Principal Receivables, Principal Receivables transferred to HRAC prior to the occurrence of such Insolvency Event and Collections in respect of such Principal Receivables and Finance Charge and Administrative Receivables whenever created, accrued in respect of such Principal Receivables, shall continue to be property of HRAC available for transfer by HRAC to the Company pursuant to the Transferor RPA.
To the extent that an Insolvency Event shall occur with respect to (a) the Transferor, as specified in Section 6.01 of the Transfer and Servicing Agreement, or (b) the Sellers, as specified in Section 8.02 of the Transferor RPA, the Issuer shall provide, or cause to be provided, written notice of such occurrence to Standard & Poor's.
The Bank shall notify HRAC promptly after becoming aware of any Lien on any Receivable other than the conveyances hereunder, under the Transferor RPA and the Master Pooling and Servicing Agreement.