Common use of Pursuant to Clause in Contracts

Pursuant to. Section 2.1, the Depositor conveyed to the Trust all of the Depositor's right, title and interest in its rights and benefits, but none of its obligations or burdens, under the Purchase Agreement including the Depositor's rights under the Purchase Agreement to enforce the delivery requirements, representations and warranties, indemnities and the cure or repurchase obligations of Triad thereunder. The Depositor hereby represents and warrants to the Trust that such assignment is valid and enforceable against the Depositor.

Appears in 8 contracts

Samples: Sale and Servicing Agreement (Triad Automobile Receivables Trust 2006-B), Sale and Servicing (Triad Automobile Receivables Trust 2004-A), Sale and Servicing Agreement (Triad Automobile Receivables Trust 2005-A)

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