Conveyance of the Receivables. AND THE OTHER CONVEYED PROPERTY
Conveyance of the Receivables. (a) In consideration for the Issuer’s delivery to or upon the order of the Depositor of the Notes and the Certificates resulting in an increase in the residual value of the equity interest in the Issuer owned by the Depositor, the Depositor does hereby sell, transfer, assign, set over and otherwise convey to the Issuer, without recourse, but subject to the other terms and conditions of this Agreement, each and all of the following (collectively, the “Depositor Conveyed Assets”):
Conveyance of the Receivables. (a) In consideration for the Issuer’s delivery to or upon the order of the Depositor of (i) the Notes, and (ii) the Certificates resulting in an increase in the residual value of the equity interest in the Issuer owned by the Depositor, the Depositor does hereby sell, transfer, assign, set over and otherwise convey to the Issuer, without recourse, but subject to the other terms and conditions of this Agreement, each and all of the following (collectively, the “Depositor Conveyed Assets”): (x) all right, title and interest of the Depositor in and to the Conveyed Assets, (y) all of the Depositor’s rights under the Receivables Purchase Agreement, including the representations of the Seller made therein and the Depositor’s right to enforce a breach of any such representation made with respect to any Conveyed Assets, and (z) all proceeds of each of the foregoing.
Conveyance of the Receivables. In consideration of the Purchaser's payment to the Seller of $ , the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Purchaser without recourse (subject to the obligations herein) (x) all right, title and interest of the Seller in and to (i) the Receivables; (ii) monies received thereunder on or after the Cut-off Date; (iii) the security interests in the Financed Vehicles granted by Obligors pursuant to the Receivables and any other interest of the Seller in the Financed Vehicles; (iv) rights to receive proceeds with respect to the Receivables from claims on any theft, physical damage, credit life, credit disability, or other insurance policies covering Financed Vehicles or Obligors; (v) the Receivable Files relating to the Receivables; (vi) payments and proceeds with respect to the Receivables held by the Servicer; (vii) all property (including the right to receive Liquidation Proceeds) securing a Receivable; (viii) rebates of premiums and other amounts relating to insurance policies and other items financed under the Receivables in effect as of the Cut-off Date; and (ix) 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 all proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including all proceeds of the conversion thereof, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, insurance proceeds, condemnation awards, rights to payment of any and every kind and other forms of obligations and receivables, instruments and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing and (y) all rights of the Seller under (A) the Purchase Agreement dated as of October 29, 2001 between Chrysler Financial Company L.L.C., as seller, and Bear, Stearns International Limited, as xxxxxxser, and (B) the Receivables Servicing Agreement (including without limitation the representations and warranties of DCS thereunder), but in the case of (A) and (B), only to the extent such rights relate to the Receivables. The sale, transfer, assignment and conveyance made hereunder shall not constitute and is not intended to result in an assumption by the Purchaser of any obligation of the Seller to the Obligors or any other Person in ...
Conveyance of the Receivables. Subject to the terms and conditions of this Agreement, the Seller hereby sells, transfers and otherwise conveys to the Purchaser all of the Seller's right, title and interest in, to and under the following property whether now owned or existing or hereafter acquired or arising (collectively, the "Purchased Property"):
Conveyance of the Receivables. (a) In consideration for (i) the Issuer’s delivery to or upon the order of the Depositor of the Notes, and (ii) the Issuer’s delivery to or upon the order of the Depositor of the Certificates resulting in an increase in the residual value of the equity interest in the Issuer owned by the Depositor, the Depositor does hereby sell, transfer, assign, set over and otherwise convey to the Issuer, without recourse, but subject to the other terms and conditions of this Agreement, each and all of the following (collectively, the “Depositor Conveyed Assets”): (x) all right, title and interest of the Depositor in and to the Conveyed Assets, (y) all of the Depositor’s rights under the Receivables Purchase Agreement, including the representations of the Seller made therein and the Depositor’s right to enforce a breach of any such representation made with respect to any Conveyed Assets, and (z) all proceeds of each of the foregoing.
Conveyance of the Receivables. In consideration of the Purchaser's payment to the Seller of $[_____________] (the "Purchase Price"), the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Purchaser, without recourse (subject to the obligations herein) all of the Seller's right, title and interest in, to and under the following property whether now owned or existing or hereafter acquired or arising (collectively, the "Purchased Property"):
Conveyance of the Receivables. In consideration of the Purchaser's payment to the Seller of $[ ], the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Purchaser (i) without recourse (subject to the obligations herein) all right, title and interest of the Seller in and to the Receivables, all payments collected thereon on or after [ ] and all other proceeds of the Receivables and (ii) all rights of the Seller under the Receivables Purchase Agreement dated [ ] between [ ], as seller, and the Seller, as purchaser (including without limitation the representations and warranties of the [ ] under such Receivables Purchase Agreement). The sale, transfer, assignment and conveyance made hereunder shall not constitute and is not intended to result in an assumption by the Purchaser of any obligation of the Seller to the Obligors or any other Person in connection with the Receivables or any agreement, document or instrument related thereto. The Seller and the Purchaser intend that the sale, transfer, assignment and conveyance of the Receivables and other rights and property pursuant to this Section 3 shall be a sale not a secured borrowing. However, in the event that such transfer is deemed to be a transfer for security, the Seller hereby grants to the Purchaser a first priority security interest in all of the Seller's right, title and interest in, to and under the Receivables and all proceeds thereof and all other rights and property transferred hereunder to secure a loan in an amount equal to the purchase price, and in such event, this Agreement shall constitute a security agreement under applicable law.
Conveyance of the Receivables. 3 SECTION 2.1 Conveyance of Receivables..................................................3 SECTION 2.2 Further Encumbrance of Trust Property......................................3
Conveyance of the Receivables
