Conveyance of Subsequent Receivables. Subject to the conditions set forth in Section 5 hereof, in consideration of the payment of the Subsequent Receivables Purchase Price to or upon the written order of the Transferor, the Transferor does hereby sell, transfer, assign, set over and otherwise convey to the Issuer, in trust for the benefit of the Noteholders and the Note Insurer, without recourse, all right, title and interest of the Transferor in and to:
Appears in 9 contracts
Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp. II), Sale and Servicing Agreement (Long Beach Acceptance Corp), Sale and Servicing Agreement (Long Beach Acceptance Auto Receivables Trust 2005-B)
Conveyance of Subsequent Receivables. Subject to the conditions set forth in Section 5 hereof, in consideration of the payment of the Subsequent Receivables Purchase Price to or upon the written order of the Transferor, the Transferor does hereby sell, transfer, assign, set over and otherwise convey to the Issuer, in trust for the benefit of the Indenture Trustee, the Trust Collateral Agent, the Noteholders and the Note Insurer, without recourse, all right, title and interest of the Transferor in and to:
Appears in 1 contract
Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp.)