Eligibility Requirements. The Assignee will rely on the information provided by the Master Servicer, in the terms provided for in theBond Administration Agreement, and the Master Services Agreement, if applicable, with respect to the amounts and percentages of the Receivable Rights Assigned which constitute Eligible Rights. F. Assignment Execution. I. Daily Lists. Each Business Day during the life of the Assignment Agreement, the Assignors may deliver to the Assignee through the Master Servicer a list of the Receivable Rights transferred to the Assignee in such date, where the respective Consideration and the information set forth in the Assignment Agreement will be specified. The Daily Lists will be elaborated by the Master Servicer, in its capacity as agent of the Assignors in accordance with the provisions of the Master Services Agreements. The Assignors, since the date of execution of the Assignment Agreement acknowledged and ratified the assignment of all and each one of the Receivable Rights included in any of such Daily Lists. The Daily Lists may be delivered through electronic means. The data messages so transferred will be valid and binding for the parties of the Assignment Agreement, in accordance with the provisions of article 93 and other relevant articles of the Commerce Code and any other applicable legal provisions. 2.
Eligibility Requirements. A. Master Servicer's Statement. In accordance with the provisions of the Administration Agreement, the Master Servicer will determine which Receivable Rights comply with the Eligibility Requirements set forth in Section 2 Subsection B of the Assignment Agreement.
Eligibility Requirements. In accordance with the Assignment Agreement, in order for any Receivable Right to be considered as an Eligible Right, such Receivable Right must comply with the following eligibility requirements: a) that it is not a Cancelled Receivable Right or an Expired Receivable Right; b) that such Receivable Rights were generated in the normal course of business of the Assignors, respectively; c) that is not a credit for sale of products to the Affiliates of any of the Assignors, respectively; d) that the corresponding Debtor is not a government or governmental entity; e) that they are valid payment obligations enforceable against the corresponding Debtor; f) that the corresponding Debtor has received from the respective Assignor a written notice of the Assignment and instructions in order to make the payments into the Income Account of the Trust; g) that the original payment term does not exceed from 120 (one hundred and twenty) natural days since the date in which it was generated, and that such Receivable expires and become enforceable prior to the Amortization Date h) that the rights of the Assignors over their respective Receivable Rights are free from any lien, and that in the date when is being transferred according to the Assignment Agreement, the corresponding Debtor has no set-off right or any claim whatsoever, except for any agreed discount or claim for non-compliance of agreed guarantees pursuant to the Purchase Order, provided however that: (i) if the respective claim, demand, set off, or legal action only affects a portion of the remaining balance of the respective Receivable Right, then it will be considered that the non-affected portion of such Receivable Right complies with the eligibility requirement pursuant to the Assignment Agreement, and (ii) the Receivable Rights against a Debtor which in turn has accounts for collection against the corresponding Assignor, will comply with the eligibility requirements pursuant to the Assignment Agreement, if and only if the Debtor signs an agreement in reasonable terms acceptable to the Assignor pursuant to which such Debtor waives its right to demand a set off of the amounts that any of the Assignors owes him against the amounts owed pursuant to the Receivable Rights; (i) that such Receivable Right is in force and constitutes a valid obligation of the corresponding Debtor, which is enforceable against such Debtor, in accordance with its terms and conditions; (j) that the Receivable Right and the Purchase Orde...