Common use of Conveyance of Receivables Issuance of Securities Clause in Contracts

Conveyance of Receivables Issuance of Securities. 1 Section 2.01 Conveyance of Receivables 1 Section 2.02 Custody of Receivable Files 3 Section 2.03 Acceptance by Issuing Entity 3 Section 2.04 Representations and Warranties as to the Receivables 3 Section 2.05 Repurchase of Receivables Upon Breach of Warranty 3 Section 2.06 Realization Upon Liquidating Receivables 4 ARTICLE III THE DEPOSITOR 4 Section 3.01 Representations of Depositor 4 Section 3.02 Liability of Depositor 6 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of Depositor; Amendment of Certificate of Formation 6 Section 3.04 Limitation on Liability of Depositor and Others 7 Section 3.05 Depositor May Own Notes or Certificates 7

Conveyance of Receivables Issuance of Securities. 1 Section 2.01 Conveyance of Receivables 1 Section 2.02 Custody of Receivable Files 3 Section 2.03 Acceptance by Issuing Entity 3 Section 2.04 Representations and Warranties as to the Receivables 3 Section 2.05 Repurchase of Receivables Upon Breach of Warranty 3 Section 2.06 Realization Upon Liquidating Receivables 4 ARTICLE III THE DEPOSITOR 4 Section 3.01 Representations of Depositor 4 Section 3.02 Liability of Depositor 6 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of Depositor; Amendment of Certificate of Formation Limited Liability Company Agreement 6 Section 3.04 Limitation on Liability of Depositor and Others 7 Section 3.05 Depositor May Own Notes or Certificates 7

Conveyance of Receivables Issuance of Securities. 1 Section 2.01 Conveyance of Receivables 1 Section 2.02 Custody of Receivable Files 3 Section 2.03 Acceptance by Issuing Entity 3 Section 2.04 Representations and Warranties as to the Receivables 3 Section 2.05 Repurchase of Receivables Upon Breach of Warranty 3 Section 2.06 Realization Upon Liquidating Receivables 4 ARTICLE III THE DEPOSITOR 4 Section 3.01 Representations of the Depositor 4 Section 3.02 Liability of the Depositor 6 Section 3.03 Merger or Consolidation of, or Assumption of the Obligations of the Depositor; Amendment of Certificate of Formation Limited Liability Company Agreement 6 Section 3.04 Limitation on Liability of the Depositor and Others 7 Section 3.05 The Depositor May Own Notes or Certificates 7