Common use of Addition Notices Clause in Contracts

Addition Notices. All Transferred Receivables and Related Security arising in connection with any Additional Accounts or Interests in Other Floorplan Assets owned by the Transferor at the close of business on the applicable Additional Cut-Off Date will be transferred to the Issuer on a date (the “Addition Date”) specified in a written notice provided by the Transferor (or the Servicer on its behalf) to the Owner Trustee, the Indenture Trustee, any Series Enhancers and the Rating Agencies specifying the Additional Cut-Off Date, the Addition Date and the Eligible Receivable Origination Cut-Off Date for such Additional Accounts or Interests in Other Floorplan Assets, as applicable (the “Addition Notice”). The Addition Notice must be sent by the Transferor on or before the second Business Day, but not more than the 30th day, before the related Addition Date.

Addition Notices. All Transferred Receivables and Related Security arising in connection with any Additional Accounts or Interests in Other Floorplan Assets owned by the Transferor at the close of business on the applicable Additional Cut-Off Date will be transferred to the Issuer on a date (the “"Addition Date”") specified in a written notice provided by the Transferor (or the Servicer on its behalf) to the Owner Trustee, the Indenture Trustee, any Series Enhancers and the Rating Agencies specifying the Additional Cut-Off Date, the Addition Date and the Eligible Receivable Origination Cut-Off Date for such Additional Accounts or Interests in Other Floorplan Assets, as applicable (the “"Addition Notice”"). The Addition Notice must be sent by the Transferor on or before the second Business Day, but not more than the 30th day, before the related Addition Date.