Common use of Reassignment of Ineligible Receivables Clause in Contracts

Reassignment of Ineligible Receivables. 21 Section 2.06. Reassignment of Trust Portfolio.............................. 22 Section 2.07. Covenants of each Transferor................................. 23 Section 2.08. Covenants of each Transferor with Respect to Receivables Purchase Agreements........................................ 24 Section 2.09. Addition of Accounts......................................... 25 Section 2.10. Removal of Accounts and Participation Interests.............. 28 Section 2.11. Account Allocations.......................................... 29 Section 2.12. Discount Option.............................................. 30

Reassignment of Ineligible Receivables. 21 26 Section 2.06. Reassignment of Certificateholders' Interest in Trust Portfolio.............................. 22 .................................................27 Section 2.07. Covenants of each Transferor................................. 23 the Depositor................................28 Section 2.08. Covenants of each Transferor Depositor with Respect to Receivables Purchase Agreements........................................ 24 Agreement........................................29 Section 2.09. Addition of Accounts......................................... 25 ......................................30 Section 2.10. Removal of Accounts and Participation Interests.............. 28 Accounts.......................................35 Section 2.11. Account Allocations.......................................... 29 .......................................36 Section 2.12. Discount Option.............................................. 30...........................................37

Reassignment of Ineligible Receivables. 21 31 Section 2.06. Reassignment of Receivables in Trust Portfolio.............................. 22 Portfolio .............. 32 Section 2.07. Covenants of each Transferor................................. 23 the Transferors ................................ 33 Section 2.08. Covenants Addition of each Transferor with Respect to Receivables Purchase AgreementsAccounts ........................................ 24 38 Section 2.09. Addition of Accounts......................................... 25 Section 2.10. Removal of Accounts and Participation Interests.............. 28 Interests ............. 42 Section 2.10. Account Allocations ......................................... 43 Section 2.11. Account Allocations.......................................... 29 Discount Option ............................................. 44 Section 2.12. Discount Option.............................................. 30Restrictions on Removal of Accounts and Participation Interests ................................................... 44