Common use of Optional Addition Clause in Contracts

Optional Addition. The Transferor may from time to time, at its sole discretion, subject to the conditions specified in Section 2.06(d), designate additional Eligible Accounts as Additional Accounts and transfer to the Issuer the Transferred Receivables and the Related Security arising in connection with such Additional Accounts or transfer to the Issuer Interests in Other Floorplan Assets. In addition to the conditions specified in Section 2.06(d), any additional Eligible Accounts designated by the Transferor, at its sole discretion, pursuant to this Section 2.06(b) will be subject to the satisfaction of the Rating Agency Condition if, as a result of such addition, either: (i) the aggregate number of Additional Accounts and Other Floorplan Accounts designated pursuant to this Section 2.06(b) in any calendar quarter or the aggregate amount of Principal Receivables arising in connection with such Additional Accounts and Other Floorplan Accounts as of the related Additional Cut-Off Dates in such calendar quarter exceeds __% of the number of all Accounts or __% of the Pool Balance, respectively, as of the first day of such calendar quarter; or (ii) the aggregate number of Additional Accounts and Other Floorplan Accounts designated pursuant to this Section 2.06(b) in any twelve-month period commencing on July 1 of each year or the aggregate amount of Principal Receivables arising in connection with such Additional Accounts and Other Floorplan Accounts as of the related Additional Cut-Off Dates in such twelve-month period exceeds __% of the number of all Accounts or __% of the Pool Balance, respectively, as of the first day of such twelve-month period.

Optional Addition. The Transferor may from time to time, at its sole discretion, subject to the conditions specified in Section 2.06(d), designate additional Eligible Accounts as Additional Accounts and transfer to the Issuer the Transferred Receivables and the Related Security arising in connection with such Additional Accounts or transfer to the Issuer Interests in Other Floorplan Assets. In addition to the conditions specified in Section 2.06(d), any additional Eligible Accounts designated by the Transferor, at its sole discretion, pursuant to this Section 2.06(b) will be subject to the satisfaction of the Rating Agency Condition if, as a result of such addition, either: (i) the aggregate number of Additional Accounts and Other Floorplan Accounts designated pursuant to this Section 2.06(b) in any calendar quarter or the aggregate amount of Principal Receivables arising in connection with such Additional Accounts and Other Floorplan Accounts as of the related Additional Cut-Off Dates in such calendar quarter exceeds ___% of the number of all Accounts or ___% of the Pool Balance, respectively, as of the first day of such calendar quarter; or (ii) the aggregate number of Additional Accounts and Other Floorplan Accounts designated pursuant to this Section 2.06(b) in any twelve-month period commencing on July 1 of each year or the aggregate amount of Principal Receivables arising in connection with such Additional Accounts and Other Floorplan Accounts as of the related Additional Cut-Off Dates in such twelve-month period exceeds ___% of the number of all Accounts or ___% of the Pool Balance, respectively, as of the first day of such twelve-month period.