Documents to Be Delivered by World Omni Clause Samples
The "Documents To Be Delivered by World Omni" clause outlines the specific documents that World Omni is required to provide to the other party as part of the transaction or agreement. Typically, this includes items such as certificates, legal opinions, or evidence of authority, which are necessary to complete the deal or fulfill contractual obligations. By clearly listing these required documents, the clause ensures that all necessary paperwork is exchanged in a timely manner, thereby facilitating a smooth closing process and reducing the risk of misunderstandings or delays.
Documents to Be Delivered by World Omni. (i) The Assignment. On or prior to such Purchase Date, World Omni will execute and deliver an RPA Assignment.
(ii) Evidence of UCC Filing. On or prior to such Purchase Date, World Omni shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction required by applicable law, naming World Omni as World Omni or debtor, and naming WOAR as purchaser or secured party, describing the Receivables and the other property conveyed hereby, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to WOAR. World Omni shall deliver a file-stamped copy or other evidence satisfactory to WOAR of such filing to WOAR on or prior to such Purchase Date.
(iii) Schedule of Receivables. On or prior to such Purchase Date, World Omni shall deliver the Schedule of Receivables.
Documents to Be Delivered by World Omni