Additional Originators. Additional Persons may be added as Originators hereunder, with the prior written consent of the Company, each Agent and each Group Agent; provided that the following conditions are satisfied on or before the date of such addition: (a) The Servicer shall have given the Company, each Agent and each Group Agent at least thirty (30) days prior written notice of such proposed addition and the identity of the proposed additional Originator and shall have provided such other information with respect to such proposed additional Originator as any Agent or any Group Agent may reasonably request; (b) such proposed additional Originator has executed and delivered to the Company, each Agent and each Group Agent an agreement substantially in the form attached hereto as Exhibit C (a “Joinder Agreement”); (c) such proposed additional Originator has delivered to the Company and each Agent (as the Company’s assignees) and each Group Agent each of the documents with respect to such Originator described in Section 4.1 and, to the extent requested by the any Agent or any Group Agent, such opinions covering matters similar to the matters covered by the opinions delivered on the Closing Date, in form and substance reasonably satisfactory to the Company, each Agent (as the Company’s assignees) and each Group Agent, from external counsel reasonably satisfactory to each Agent and each Group Agent (it being understood that external counsel that delivered opinions on the Closing Date shall be satisfactory to each Agent and each Group Agent for purposes of delivering similar opinions under this clause (c)); (d) [reserved]; and (e) the Purchase and Sale Termination Date shall not have occurred and be continuing with respect to all Transferors then party to this Agreement.
Appears in 1 contract
Additional Originators. Additional Persons may be added as Originators hereunder, with the prior written consent of the Company, each Agent and each Group Agent; provided that the following conditions are satisfied on or before the date of such addition:
(a) The Servicer shall have given the Company, each Agent and each Group Agent at least thirty (30) days prior written notice of such proposed addition and the identity of the proposed additional Originator and shall have provided such other information with respect to such proposed additional Originator as any Agent or any Group Agent may reasonably request;
(b) such proposed additional Originator has executed and delivered to the Company, each Agent and each Group Agent an agreement substantially in the form attached hereto as Exhibit C (a “Joinder Agreement”);
(c) such proposed additional Originator has delivered to the Company and each Agent (as the Company’s assignees) and each Group Agent each of the documents with respect to such Originator described in Section 4.1 and, to the extent requested by the any Agent or any Group Agent, such opinions covering matters similar to the matters covered by the opinions delivered on the Closing Date, in form and substance reasonably satisfactory to the Company, each Agent (as the Company’s assignees) and each Group Agent, from external counsel reasonably satisfactory to each Agent and each Group Agent (it being understood that external counsel that delivered opinions on the Closing Date shall be satisfactory to each Agent and each Group Agent for purposes of delivering similar opinions under this clause (c));
(d) [reserved]; and
(e) the Purchase and Sale Termination Date shall not have occurred and be continuing with respect to all Transferors Originators then party to this Agreement.
Appears in 1 contract
Additional Originators. Additional Persons may be added as Originators hereunder, with the prior written consent of the Company, each Agent and each Group Agent; provided that the following conditions are satisfied on or before the date of such addition:
(a) The Servicer shall have given the Company, each Agent and each Group Agent at least thirty (30) days prior written notice of such proposed addition and the identity of the proposed additional Originator and shall have provided such other information with respect to such proposed additional Originator as any Agent or any Group Agent may reasonably request;
(b) such proposed additional Originator has executed and delivered to the Company, each Agent and each Group Agent an agreement substantially in the form attached hereto as Exhibit C (a “Joinder Agreement”);
(c) such proposed additional Originator has delivered to the Company and each Agent (as the Company’s assignees) and each Group Agent each of the documents with respect to such Originator described in Section 4.1 and, to the extent requested by the any Agent or any Group Agent, such opinions covering matters similar to the matters covered by the opinions delivered on the Closing Date, in form and substance reasonably satisfactory to the Company, each Agent (as the Company’s assignees) and each Group Agent, from external counsel reasonably satisfactory to each Agent and each Group Agent (it being understood that external counsel that delivered opinions on the Closing Date shall be satisfactory to each Agent and each Group Agent for purposes of delivering similar opinions under this clause (c));
(d) [reserved]; and
(e) the Purchase and Sale Termination Date shall not have occurred and be continuing with respect to all Transferors then party to this Agreement.
Appears in 1 contract