Common use of Conveyance of Rights Clause in Contracts

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 4 contracts

Samples: Purchase Agreement (Daimlerchrysler Services North America LLC), Form of Purchase Agreement (DaimlerChrysler Financial Services Americas LLC), Purchase Agreement (Daimlerchrysler Auto Trust 2001-A)

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Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 120,076,707.68 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2002 A)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 113,138,547.69 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2005-A)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[____________ ] on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Conformed Copy (Chrysler Financial Co LLC)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 85,286,586.43 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2004-C)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 126,617,681.04 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Execution Copy (Daimlerchrysler Services North America LLC)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 81,931,497.15 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2004-B)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 103,003,091 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (DaimlerChrysler Auto Trust 2006-B)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 129,668,876 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2005-B)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 136,939,752 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (DaimlerChrysler Auto Trust 2006-C)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 109,903,904 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (DaimlerChrysler Auto Trust 2006-A)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 158,493,224.00 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Chrysler Financial Co LLC)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 88,330,520.88 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Execution Copy (Daimlerchrysler Auto Trust 2004-A)

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Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 98,172,950 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (DaimlerChrysler Auto Trust 2006-D)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 124,051,073.21 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Chrysler Financial Co LLC)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 134,456,847.39 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Execution Copy (Daimlerchrysler Services North America LLC)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 89,592,906.54 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2001 B)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 149,955,367.37 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2003-B)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 123,609,001.65 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.

Appears in 1 contract

Samples: Execution Copy (Daimlerchrysler Services North America LLC)

Conveyance of Rights. In consideration of the Company's delivery to or upon the order of the Seller of approximately $[___________] 10,949,874.00 on the Closing Date, (i) the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Company, without recourse (subject to the obligations herein), all of the Seller's right, title and interest in and to the following: (a) any amounts to be released from the Reserve Account from time to time to the Seller pursuant to the Sale and Servicing Agreement and (b) all rights with respect to the enforcement of any or all of the foregoing, all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under, and any and all proceeds of every kind and nature with respect to, any or all of the foregoing (collectively, the "Rights") and (ii) the Seller shall cause the Certificates to be issued to the Company.. 2 ARTICLE III

Appears in 1 contract

Samples: Purchase Agreement (Daimlerchrysler Auto Trust 2001-C)

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