Common use of Other Liens or Interests Clause in Contracts

Other Liens or Interests. Except for the conveyances hereunder and pursuant to the other Basic Documents, the Seller will not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any interest therein, and the Seller shall defend the right, title, and interest of the Purchaser in, to and under such Receivables against all claims of third parties claiming through or under the Seller; provided, however, that the Seller's obligations under this Section 5.2 shall terminate upon the termination of the Trust pursuant to the Trust Agreement.

Appears in 18 contracts

Samples: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two LLC)

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Other Liens or Interests. Except for the conveyances hereunder and contemplated pursuant to the other Basic DocumentsSale and Servicing Agreement, the Seller will shall not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any interest therein, and the Seller shall defend the right, title, title and interest of the Purchaser in, to and under such Receivables against all claims of third parties claiming through or under the Seller; provided, however, that the Seller's obligations under this Section 5.2 shall terminate upon the termination of the Trust pursuant to the Trust Sale and Servicing Agreement.

Appears in 17 contracts

Samples: Purchase Agreement (Nissan Auto Receivables 2003-B Owner Trust), Purchase Agreement (Nissan Auto Receivables 2004-B Owner Trust), Purchase Agreement (Nissan Auto Receivables 2005-a Owner Trust)

Other Liens or Interests. Except for the conveyances hereunder and pursuant to the other Basic Documentshereunder, the Seller will not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any interest therein, and the Seller shall defend the right, title, and interest of the Purchaser in, to and under such the Receivables against all claims of third parties claiming through or under the Seller; provided, however, that the Seller's obligations under this Section 5.2 shall terminate upon the termination of the Trust pursuant to the Trust Agreement.

Appears in 13 contracts

Samples: Purchase Agreement (Mmca Auto Owner Trust 2002-5), Purchase Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Receivables Trust)

Other Liens or Interests. Except for the conveyances hereunder and contemplated pursuant to the other Basic DocumentsSale and Servicing Agreement, the Seller will shall not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any interest therein, and the Seller shall defend the right, title, title and interest of the Purchaser in, to and under such Receivables against all claims of third parties claiming through or under the Seller; provided, however, that the Seller's ’s obligations under this Section 5.2 shall terminate upon the termination of the Trust pursuant to the Trust Sale and Servicing Agreement.

Appears in 11 contracts

Samples: Purchase Agreement (Nissan Auto Receivables Corp Ii), Purchase Agreement (Nissan Auto Receivables Corp Ii), Purchase Agreement (Nissan Auto Receivables 2006-a Owner Trust)

Other Liens or Interests. Except for the conveyances hereunder and pursuant to the other Basic Documents, the Seller will not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any interest therein, and the Seller shall will defend the right, title, and interest of the Purchaser in, to and under such Receivables against all claims of third parties claiming through or under the Seller; provided, however, that the Seller's obligations under this Section 5.2 shall will terminate upon the termination of the Trust pursuant to the Trust Agreement.

Appears in 8 contracts

Samples: Purchase Agreement (Ford Credit Auto Receivables Two LLC), Purchase Agreement (Ford Credit Auto Owner Trust 2005-B), Purchase Agreement (Ford Credit Auto Receivables Two LLC)

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Other Liens or Interests. Except for the conveyances hereunder and pursuant to the other Basic Documents, the Seller will shall not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume assume, or suffer to exist any Lien on on, or any interest thereinin, to or under the Receivables, and the Seller shall defend the right, title, title and interest of the Purchaser in, to and under such the Receivables against all claims of third parties claiming through or under the Seller; provided, however, that the Seller's obligations under this Section 5.2 shall terminate upon the termination of the Trust Issuer pursuant to the Trust Agreement.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (Citigroup Vehicle Securities Inc), Receivables Purchase Agreement (First Merchants Acceptance Corp)

Other Liens or Interests. Except for the conveyances hereunder and pursuant to the other Basic DocumentsSale and Servicing Agreement, the Seller will not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume or suffer to exist any Lien on on, any interest thereinin, to and under the Receivables, and the Seller shall defend the right, title, title and interest of the Purchaser in, to and under such the Receivables against all claims of third parties claiming through or under the Seller; provided, however, that the Seller's obligations under this Section 5.2 shall terminate upon the termination of the Trust pursuant to the Trust Sale and Servicing Agreement.

Appears in 3 contracts

Samples: Form of Purchase Agreement (FCC Receivables Corp), Purchase Agreement (Franklin Receivables LLC), Purchase Agreement (Franklin Receivables LLC)

Other Liens or Interests. Except for the conveyances hereunder and pursuant to the other Basic Documentshereunder, the Seller will not sell, pledge, assign or transfer any Receivable to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any interest therein, and the Seller shall defend the right, title, and interest of the Purchaser and its assignees in, to and under such Receivables the Mortgage Loans against all claims of third parties claiming through or under the such Seller; provided, however, that the such Seller's obligations under this Section 5.2 12 shall terminate upon the termination of the Trust pursuant to the Trust Agreement.

Appears in 1 contract

Samples: Loan Conveyance Agreement (Aames Capital Acceptance Corp)

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