Common use of Purchase Termination Date Clause in Contracts

Purchase Termination Date. The Trust's commitment to purchase Receivables and other property hereunder and under any Transfer Agreement shall terminate upon the earliest to occur of the following (the "Purchase Termination Date"): (i) The date that is 364 days from the Closing Date; PROVIDED, HOWEVER, the parties to this Agreement (with the consent of JPMD) may mutually agree in writing to the extension of such date to a date no later than 364 days following the date of such extension; (ii) A date upon which a Purchase Termination Event has occurred and is continuing and (A) JPMD declares a Purchase Termination Date in a notice in accordance with the terms of subsection 2 below, or (B) such date becomes a Purchase Termination Date automatically in accordance with the terms of subsection 2 below; (iii) The initial cutoff date with respect to a Securitized Offering, as specified in the preliminary offering document with respect to the securities to be issued in connection with such Securitized Offering; (iv) A date on which a Note Purchase Termination Event has occurred and is continuing; or (v) A date on which a Certificate Purchase Termination Event has occurred and is continuing.

Purchase Termination Date. The Trust's commitment to purchase Receivables and other property hereunder and under any Transfer Agreement shall terminate upon the earliest to occur of the following (the "Purchase Termination Date"): (i) The date that is 364 days from the Closing Effectiveness Date; PROVIDED, HOWEVER, the parties to this Agreement (with the consent of JPMD▇▇▇▇▇▇) may mutually agree in writing to the extension of such date to a date no later than 364 days following the date of such extension; (ii) A date upon which a Purchase Termination Event has occurred and is continuing and (A) JPMD ▇▇▇▇▇▇ declares a Purchase Termination Date in a notice in accordance with the terms of subsection 2 below, or (B) such date becomes a Purchase Termination Date automatically in accordance with the terms of subsection 2 below; (iii) The initial cutoff date with respect to a Securitized Offering, as specified in the preliminary offering document with respect to the securities to be issued in connection with such Securitized Offering; (iv) A date on which a Note Purchase Termination Event has occurred and is continuing; or (v) A date on which a Certificate Purchase Termination Event has occurred and is continuing.