Obligations of Purchaser. The obligations of the Purchaser under this Receivables Purchase Agreement shall not be affected by reason of any invalidity, illegality or irregularity of any Receivable.
Appears in 71 contracts
Samples: Receivables Purchase Agreement (CarMax Auto Owner Trust 2024-2), Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (Carmax Auto Funding LLC)
Obligations of Purchaser. The obligations of the Purchaser under this Receivables Purchase Agreement shall not be affected by reason of any invalidity, illegality or irregularity of any Receivable.
Appears in 36 contracts
Samples: Receivables Purchase Agreement (CarMax Auto Owner Trust 2009-1), Receivables Purchase Agreement (CarMax Auto Owner Trust 2011-1), Receivables Purchase Agreement (CarMax Auto Owner Trust 2009-2)
Obligations of Purchaser. The obligations of the Purchaser ------------------------ under this Receivables Purchase Agreement shall not be affected by reason of any invalidity, illegality or irregularity of any Receivable.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)