Common use of Conveyance of Receivables Clause in Contracts

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) to any Person prior to the termination of this Agreement pursuant to Article IV hereof.

Appears in 91 contracts

Samples: Form of Receivables Purchase Agreement (Toyota Auto Receivables 2024-B Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2022-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC)

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Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over exchange or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) to any Person prior to the termination of this Agreement pursuant to Article IV hereof.

Appears in 6 contracts

Samples: Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp)

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over exchange or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) to any Person prior to the termination of this Agreement pursuant to Article IV Four hereof.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Receivables Corp)

Conveyance of Receivables. The Except as provided in Section 9.5, the Seller covenants and agrees that it will not convey, assign, exchange, allow control over exchange or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) any Receivable, to any Person other than the Buyer prior to the termination of this Agreement pursuant to Article IV hereofVIII; provided, however, that the Seller shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring a Receivable in connection with a transaction in which the Seller and its successor agree to comply with provisions substantially similar to those of Section 9.14.

Appears in 4 contracts

Samples: Purchase Agreement (Fingerhut Receivables Inc), Purchase Agreement (Fingerhut Receivables Inc), Purchase Agreement (Metris Companies Inc)

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) any Receivable arising in an Account, to any Person other than the Buyer prior to the termination of this Agreement pursuant to Article IV hereofVIII.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Credit Store Inc)

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Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) any Receivable arising in an Account to any Person other than the Buyer prior to the termination of this Agreement pursuant to Article IV hereofVIII.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Credit Store Inc)

Conveyance of Receivables. The Seller covenants and agrees that it will not convey, assign, exchange, allow control over or otherwise transfer the Receivables (other than Receivables repurchased pursuant to Section 2.04) to any Person prior to the termination of this Agreement pursuant to Article IV hereof.. (d)

Appears in 1 contract

Samples: Receivables Purchase Agreement

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