Common use of Effect of Amendment and Restatement Clause in Contracts

Effect of Amendment and Restatement. It is the intent of the parties hereto that this Agreement shall, as of the date hereof, replace in its entirety the Original Grantor Trust Agreement; provided, however, that with respect to the period of time from January 20, 2021 through the date hereof, the rights and obligations of the parties shall be governed by the Original Grantor Trust Agreement; and provided further, that the amendment and restatement of the Original Grantor Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Grantor Trust Agreement to have occurred prior to the date hereof.

Appears in 11 contracts

Samples: Grantor Trust Agreement (Carvana Auto Receivables Trust 2021-N2), Grantor Trust Agreement (Carvana Auto Receivables Trust 2021-N3), Grantor Trust Agreement (Carvana Auto Receivables Trust 2021-N3)

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Effect of Amendment and Restatement. It is the intent of the parties hereto that this Agreement shall, as of the date hereof, replace in its entirety the Original Grantor Trust Agreement; provided, however, that with respect to the period of time from January 205, 2021 through the date hereof, the rights and obligations of the parties shall be governed by the Original Grantor Trust Agreement; and provided further, that the amendment and restatement of the Original Grantor Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Grantor Trust Agreement to have occurred prior to the date hereof.

Appears in 4 contracts

Samples: Grantor Trust Agreement (Carvana Auto Receivables Trust 2021-N1), Grantor Trust Agreement (Carvana Auto Receivables Trust 2021-P1), Grantor Trust Agreement (Carvana Auto Receivables Trust 2021-N1)

Effect of Amendment and Restatement. It is the intent of the parties hereto that this Agreement shall, as of the date hereof, replace in its entirety the Original Grantor Trust Agreement; provided, however, that with respect to the period of time from January 20August 10, 2021 through the date hereof, the rights and obligations of the parties shall be governed by the Original Grantor Trust Agreement; and provided further, that the amendment and restatement of the Original Grantor Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Grantor Trust Agreement to have occurred prior to the date hereof.

Appears in 4 contracts

Samples: Grantor Trust Agreement (Carvana Auto Receivables Trust 2022-P2), Grantor Trust Agreement (Carvana Auto Receivables Trust 2022-P2), Grantor Trust Agreement (Carvana Auto Receivables Trust 2022-P1)

Effect of Amendment and Restatement. It is the intent of the parties hereto that this Agreement shall, as of the date hereof, replace in its entirety the Original Grantor Trust Agreement; provided, however, that with respect to the period of time from January 20August 10, 2021 2021, through the date hereof, the rights and obligations of the parties shall be governed by the Original Grantor Trust Agreement; and provided further, that the amendment and restatement of the Original Grantor Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Grantor Trust Agreement to have occurred prior to the date hereof.

Appears in 2 contracts

Samples: Grantor Trust Agreement (Carvana Auto Receivables Trust 2022-P3), Grantor Trust Agreement (Carvana Auto Receivables Trust 2022-P3)

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Effect of Amendment and Restatement. It is the intent of the parties hereto that this Agreement shall, as of the date hereofDecember 10, 2020, replace in its entirety the Original Grantor Trust Agreement; provided, however, that with respect to the period of time from January 2014, 2021 2020 through the date hereofDecember 10, 2020, the rights and obligations of the parties shall be governed by the Original Grantor Trust Agreement; and provided further, that the amendment and restatement of the Original Grantor Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Grantor Trust Agreement to have occurred prior to the date hereof.

Appears in 1 contract

Samples: Grantor Trust Agreement (Carvana Auto Receivables Trust 2020-P1)

Effect of Amendment and Restatement. It is the intent of the parties hereto that this Agreement shall, as of the date hereofDecember 10, 2020, replace in its entirety the Original Grantor Trust Agreement; provided, however, that with respect to the period of time from January 2010, 2021 2020 through the date hereofDecember 10, 2020, the rights and obligations of the parties shall be governed by the Original Grantor Trust Agreement; and provided further, that the amendment and restatement of the Original Grantor Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Grantor Trust Agreement to have occurred prior to the date hereof.

Appears in 1 contract

Samples: Grantor Trust Agreement (Carvana Auto Receivables Trust 2020-P1)

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