Common use of Purchase Information Clause in Contracts

Purchase Information. (a) On each Reporting Date, Originator shall prepare and deliver to Purchaser and the Administrator a duly completed Purchase Report with respect to Receivables created during the immediately preceding Due Period and with respect to activity in such Receivables. (b) Purchaser and Originator agree that, upon request of Purchaser, Originator shall provide Purchaser with all information required to prepare periodic reports that may be required to be furnished to the Administrator pursuant to the Loan Agreement, as promptly as possible on each Business Day on the basis of the sales and collections figures transmitted the previous day to Originator's central computer processing center. (c) Upon discovery of any error in any report furnished to Purchaser or the Administrator, the Administrator, Purchaser and Originator shall confer and shall agree upon any necessary adjustments to correct any such errors. Until correction of such error, all Collections relating to such errors shall be retained in the Collection Account or the Depository Account, to the extent such Collections have been deposited in the Collection Account or the Depository Account, as the case may be, pursuant to the terms hereof. Unless the Administrator has received actual notice of any discrepancy, the Administrator and Purchaser may rely on such reports for all purposes hereunder.

Purchase Information. (a) On each Reporting Date, the Originator shall prepare and deliver to the Purchaser and the Administrator a duly completed Purchase Report with respect to Receivables created during the immediately preceding Due Period and with respect to activity in such Receivables. (b) The Purchaser and the Originator agree that, upon request of the Purchaser, the Originator shall provide the Purchaser with all information required to prepare periodic reports that may be required to be furnished to the Administrator pursuant to the Loan Agreement, as promptly as possible on each Business Day on the basis of the sales and collections figures transmitted the previous day to the Originator's central computer processing center. (c) Upon discovery of any error in any report furnished to Purchaser or the Administrator, the Administrator, the Purchaser and the Originator shall confer and shall agree upon any necessary adjustments to correct any such errors. Until correction of such error, all Collections relating to such errors shall be retained in the Collection Account or the Depository Account, to the extent such Collections have been deposited in the Collection Account or the Depository Account, as the case may be, pursuant to the terms hereof. Unless the Administrator has received actual notice of any discrepancy, the Administrator and the Purchaser may rely on such reports for all purposes hereunder.

Purchase Information. (a) On each Reporting Date, each Originator shall prepare and deliver to the Purchaser and the Administrator a duly completed Purchase Report with respect to Receivables created during the immediately preceding Due Period and with respect to activity in such Receivables. (b) The Purchaser and each Originator agree that, upon request of the Purchaser, each Originator shall provide the Purchaser with all information required to prepare periodic reports that may be required to be furnished to the Administrator pursuant to the Loan Agreement, as promptly as possible on each Business Day on the basis of the sales and collections figures transmitted the previous day to such Originator's central computer processing center. (c) Upon discovery of any error in any report furnished to Purchaser or the Administrator, the Administrator, the Purchaser and such Originator shall confer and shall agree upon any necessary adjustments to correct any such errors. Until correction of such error, all Collections relating to such errors shall be retained in the Collection Account or the Depository Account, to the extent such Collections have been deposited in the Collection Account or the Depository Account, as the case may be, pursuant to the terms hereof. Unless the Administrator has received actual notice of any discrepancy, the Administrator and the Purchaser may rely on such reports for all purposes hereunder.