Common use of Conveyance of Initial Receivables Clause in Contracts

Conveyance of Initial Receivables. (a) In consideration of the Issuing Entity’s delivery to or upon the order of the Seller on the Closing Date of the Notes and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing Entity, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the “Initial Assets”):

Appears in 9 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2007-A), Sale and Servicing Agreement (CNH Equipment Trust 2006-B), Sale and Servicing Agreement (CNH Capital Receivables LLC)

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Conveyance of Initial Receivables. (a) In consideration of the Issuing Entity’s delivery to or upon the order of the Seller on the Closing Date of the Notes and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing Entity, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the “Initial [Initial][CNHCR] Assets”):

Appears in 6 contracts

Samples: Sale and Servicing Agreement (CNH Capital Receivables LLC), Sale and Servicing Agreement (CNH Capital Receivables LLC), Sale and Servicing Agreement (CNH Capital Receivables LLC)

Conveyance of Initial Receivables. (aA) In consideration of the Issuing EntityIssuer’s delivery to or upon the order of the Seller on the Closing Date of the net proceeds from the sale of the Notes and the Certificates and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing EntityIssuer, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the “Initial Assets”):

Appears in 4 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2005-A), Sale and Servicing Agreement (CNH Equipment Trust 2003-B), Sale and Servicing Agreement (CNH Capital Receivables Inc)

Conveyance of Initial Receivables. (a) In consideration of the Issuing Entity’s Issuer's delivery to or upon the order of the Seller on the Closing Date of the net proceeds from the sale of the Notes and the Certificates and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing EntityIssuer, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the "Initial Assets"):

Appears in 4 contracts

Samples: Sale and Servicing Agreement (CNH Capital Receivables Inc), Sale and Servicing Agreement (CNH Capital Receivables Inc), Sale and Servicing Agreement (CNH Capital Receivables Inc)

Conveyance of Initial Receivables. (aA) In consideration of the Issuing Entity’s delivery to or upon the order of the Seller on the Closing Date of the Notes and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing Entity, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the “Initial Assets”):

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2006-A), Sale and Servicing Agreement (CNH Capital Receivables LLC)

Conveyance of Initial Receivables. (aA) In consideration of the Issuing EntityIssuer’s delivery to or upon the order of the Seller on the Closing Date of the net proceeds from the sale of the Notes and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing EntityIssuer, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the “Initial Assets”):

Appears in 1 contract

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2005-B)

Conveyance of Initial Receivables. (aA) In consideration of the Issuing Entity’s Issuer's delivery to or upon the order of the Seller on the Closing Date of the net proceeds from the sale of the Notes and the Certificates and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing EntityIssuer, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the "Initial Assets"):

Appears in 1 contract

Samples: Sale and Servicing Agreement (CNH Capital Receivables Inc)

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Conveyance of Initial Receivables. (a) In consideration of the Issuing Entity’s Issuer's delivery to or upon the order of the Seller on the Closing Date of (x) the Notes net proceeds from the sale of the Notes, (y) the Certificates and (z) the other amounts to be distributed from time to time to the Seller in accordance with the terms of this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing EntityIssuer, without recourse (subject to the obligations set forth herein), all of its right, title and interest in, of the Seller in and to and under the following (collectively, the "Initial Assets”Receivables Property"):

Appears in 1 contract

Samples: Sale and Servicing Agreement (Franklin Receivables LLC)

Conveyance of Initial Receivables. (a) In consideration of the Issuing Entity’s delivery to or upon the order of the Seller on the Closing Date of the Notes and the other amounts to be distributed from time to time to the Seller in accordance with this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing Entity, without recourse (subject to the obligations herein), all of its right, title and interest in, to and under the following (collectively, the “Initial [Initial][CNHCR] Assets”):

Appears in 1 contract

Samples: Sale and Servicing Agreement (CNH Capital Receivables LLC)

Conveyance of Initial Receivables. (a) In consideration of the Issuing EntityIssuer’s delivery to or upon the order of the Seller on the Closing Date of (x) the Notes net proceeds from the sale of the Notes, (y) the Certificates and (z) the other amounts to be distributed from time to time to the Seller in accordance with the terms of this Agreement, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuing EntityIssuer, without recourse (subject to the obligations set forth herein), all of its right, title and interest in, of the Seller in and to and under the following (collectively, the “Initial AssetsReceivables Property”):

Appears in 1 contract

Samples: Sale and Servicing Agreement (Franklin Receivables Auto Trust 2003-1)

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